Saturday, January 02, 2010

2009 Gurus in Review

Lets review the Fox Business Block stock pickers' picks for 2009. Here I listed them back on January 2, 2009 and now with their results.

Bulls and Bears
  • Gary B. Smith: Fannie Mae (FNM: $.76 to $1.18)
  • Tobin Smith: Quanta Services, Inc. (PWR: $19.80 to $20.84)
  • Pat Dorsey: WellPoint (WLP: $42.13 to $58.29)
  • Eric Bolling: Google (GOOG: $307.65 to $619.98)

Cavuto
  • Patricia Powell: 3M Co. (MMM: $57.54 to $82.67)
  • Charles Payne: Apple (AAPL: $85.35 to $619.98)
  • Adam Lashinsky: Walgreen (WAG: $24.67 to $36.72)
  • Matt McCall: iShares High Yield Corporate Bonds (HYG: $76.01 to $87.84 - not including dividends)
Forbes on Fox
  • Evelyn Rusli: URS Corp (URS: $40.77 to $44.52)
  • Jack Gage: Energizer (ENR:$54.14 to $61.28)
  • John Rutledge: Apple (AAPL: $85.35 to $210.73)
  • Victoria Barret: salesforce.com (CRM: $32.01 to $73.77)
Cashin' In
  • Jonathan Hoenig: Tokyo Stock Exchange REIT Index (JRE: $21.70 to $18.80)
  • Wayne Rogers: Abraxis Bioscience (ABII: $65.92 to $40.55)
  • Jonas Max Ferris: WADDELL AND REED FINANCIAL (WDR: $15.46 to $30.54)
    Nothing really surprises me about these picks and results.  2009 was a fantastic year.  There were a few clunkers in there, but overall the winners did very well. I guess we avoid Hoenig's and Roger's picks from Cashin' In, eh?

    Oh, and what did I predict?
    My prediction? I think that the policy of the Fed and stimulus spending from the Obama administration will lead to a rebound in the economy later this year or in 2010. But that will start to show up in stocks in 2009, as the market starts to discount the future. I think it's possible that we retest the 2008 lows once again, but that a new bull market will begin. The first year gains from the bull market will be substantial, so I'm predicting a 20% rise in the SP500 in 2009.

    Blindfolded monkeys throwing darts at squirrels in the forest and all.

    Coming up...  2010 predictions!  But that's for tomorrow as I watch football. I am in three leagues, and made it to the championship in two of them.  I think because of the coaches benching players, one league is lost.  The other is more in play.  But overall, I'm not sure why I'm in leagues that play their championships in week 17. This has happened more than once where teams are scrambling for garbage players to replace the studs that got them to the championship game.

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