Sunday, December 26, 2010

The Last Week Of The Year, SIRI, AMZN, F, INTC, BAC

The final trading week of 2010 is upon us, and what better time than to highlight a subset of the most interesting stocks of the year.

Sirius XM Radio (NASDAQ: SIRI) has had a very strong year and is seen as a great turnaround story. Since the depths of the great recession, the stock is up 3100%. As the market for satellite radio grows, contrary to naysayer belief, Sirius may continue to thrive in the new year.

Amazon.com (NASDAQ: AMZN) has seen continued increased demand for its specialty of online retailing. The strength of the business along with its cloud business has been reflected in the stock price. Amazon is in rapid growth mode, and the popularity of its affordable EC2 Elastic Compute servers are just beginning to catch on. As more users see the benefits of online shopping, Amazon will continue to rise.

Ford (NYSE: F) has had a miraculous year with CEO Alan Mulally at the helm. This is the true turnaround story of the decade as America is once again believing in its own automobiles. With the IPO Of General Motors (NYSE: GM) the auto sector is in full drive.

To read the full Ford report click here.

Intel (NASDAQ: INTC) was beaten left and right this year even as its earnings far surpassed investor expectations. With the new wave of chips coming and Intel entering the mobile phone market, the new year will surely be entertaining. Intel's power-saving Atom processor is catching on for mobile and other low power applications. Only AMD (NYSE: AMD) stands in Intel's way for desktops and laptops. Intel will have a tough fight entering the mobile market, however the tech giant has a ton of experience. It is the competition for mobile chip makers.

To Read the full Intel report click here.

Bank of America (NYSE: BAC) was one of the worst performing banks of the year. The company earned over $3 billion dollars in the last quarter, however it was overshadowed by a $10 billion goodwill write down. With the economy improving and housing prices starting to rise again, the largest bank in the United States can once again reclaim its title. The current valuation at around one times book value will make this stock extremely attractive both fundamentally and historically in the new year.

To read the full Bank of America report click here.

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