Fred Hickey’s Latest Barron 2011 Roundtable Stock Picks

Barron’s collected the opinions of ten market observers this weekend.  Following is a summary of one of these investors’ calls on the market. What do you think of their selections?  Be sure to stay tuned for an analysis of the other nine pundits’ calls.

Fred Hickey: Fred Hickey is the author of the High Tech News Strategist.

  • He is bearish on technology companies such as Hewlett Packard (NYSE:HPQ) and Dell (NASDAQ:DELL).
  • Bullish calls include semiconductor ETFs and gold stocks.
  • iShares PHLX SOX Semiconductor Sector (NASDAQ:SOXX): About the company:  iShares PHLX SOX Semiconductor Sector Index Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective seeks investment results that correspond to the performance of the PHLX Semiconductor Sector Index.
  • Goldcorp (NYSE:GG): The shares have traded in a 52-week range of $38.07 to $56.20 and most recently traded at $46.80.  Its market capitalization is $37 billion, its P/E ratio is 17.52, it earned $2.67 per share last year, and it paid a dividend of $0.42 per share.  About the company:  Goldcorp, Inc. is a North American gold producer. The Company has gold mining operations in the United States, Canada, Mexico, Brazil, Argentina, and Australia. Goldcorp owns the Red Lake mine in Ontario.
  • Microsoft (NASDAQ:MSFT):  The shares have traded in a 52-week range of $22.73 to $29.46 and most recently traded at $23.82.  Its market capitalization is $200 billion, its P/E is 9.47, it earned $2.52 per share last year, and its paid a dividend of $0.64 per share.  About the company:  Microsoft Corporation develops, manufactures, licenses, sells, and supports software products. The Company offers operating system software, server application software, business and consumer applications software, software development tools, and Internet and intranet software. Microsoft also develops video game consoles and digital music entertainment devices. Competitors to Watch: Google Inc. (NASDAQ:GOOG), Novell, Inc. (NASDAQ:NOVL), Oracle Corporation (NASDAQ:ORCL), Intl. Business Machines Corp. (NYSE:IBM), Hewlett-Packard Company (NYSE:HPQ), Yahoo! Inc. (NASDAQ:YHOO), Apple Inc. (NASDAQ:AAPL), Adobe Systems Incorporated (NASDAQ:ADBE), Intel Corporation (NASDAQ:INTC), and Sony Corporation (NYSE:SNE).
  • Nokia (NYSE:NOK): The shares have traded in a 52-week range of $6.17 to $11.75 and most recently traded at $6.25.  Its market capitalization is $23.1 billion, its P/E is 8.72, it earned $0.72 per share last year, and it pays a dividend of $0.46 per share.  About the company: Nokia Corporation is a player in the mobile industry. The Company makes a range of mobile devices with services and software that enable people to experience music, navigation, video, television, imaging, games, business mobility and more. Nokia also provides equipment, solutions and services for communications networks. Competitors to Watch: AT&T Inc. (NYSE:T), Verizon Communications Inc. (NYSE:VZ) and Sprint (NYSE:S).
  • Apple (NASDAQ:AAPL):  The shares have traded in a 52-week range of $235.56 to $264.90 and most recently traded at $327 per share.  Its market capitalization is $302 billion, its P/E ratio is 15.57, and it earned $20.99 per share last year. About the company: Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers. Competitors to Watch: Google Inc. (NASDAQ:GOOG), Hewlett-Packard Company (NYSE:HPQ), Dell (NASDAQ:DELL), Microsoft (NASDAQ:MSFT), Adobe (NASDAQ:ADBE), IBM (NYSE:IBM), Intel (NASDAQ:INTC), Super Micro (NASDAQ:SMCI), Verizon (NYSE:VZ) and Research In Motion Limited (NASDAQ:RIMM).

(Note: All the original Barron’s article can be seen here.  Selected financial data is taken from Yahoo! Finance.  All data are assumed to be accurate.)

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