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Top Stock Picks for 2011 – What Are Your Picks?
As per annual tradition, Million Dollar Journey is participating in the investment blogger stock picking competition. Last year, we eeked out a 3.8% return and finished in the middle of the pack. As I was pretty aggressive in the stock picks for last year, we had some big winners and equally big losers. This year, I don’t have a lot of great ideas for stock picks as the markets are fairly lofty, but I have come up with some that may help us win this year (wishful thinking?)!
My Top 4 Stock Picks for 2011
- VISA (V) – Everyone knows VISA! The stock has recently sold off due to news that debit card transaction prices may be regulated in the US and VISA has a portion of their business in the debit market place. As one of the worlds most recognized names and the largest card issuer in the world, I’m betting that the stock price will bounce back. Trading price as of Jan 3, 2011: $70.64.
- Royal Bank of Canada (RY.TO) – Although Royal Bank is the largest bank in Canada in terms of market cap, it has been severely under performing relative to the other big banks in Canada. As with all the big 5 banks, RY sports a healthy dividend and I’m hoping that RY bounces back this year! Trading price as of Jan 3, 2011: $52.32. Disclaimer: I own shares of RY.TO.
- Husky Energy (HSE.TO) – I picked this one a couple years ago and I’m picking it again for some oil exposure. They own oil producing assets in NL, new assets in China in addition to paying a healthy dividend. Trading price as of Jan 3, 2011: $26.55. Disclaimer: I own shares of HSE.TO.
- Encana (ECA.TO) – A little while back, Encana split into two companies to divide their natural gas and oil operations. CVE took over the oil side, and ECA took the natural gas. Last year, I picked CVE which was a winner, but this year, I’m going to try my luck with ECA. Even though I’m not bullish over natural gas prices, ECA appears cheap with low Price/Earnings, Price/Book ratios and the dividend does not hurt either. Trading price as of Jan 3, 2011: $29.09
If you were to pick 4 stocks for 2011, what would they be?
Here are the picks from the other bloggers:
| DividendGrowthInvestor | ||
| The Wild Investor | ||
| WheredoesallmyMoneygo | ||
| My Traders Journal | ||
| Money Smart Blog | ||
| The Financial Blogger | ||
| BeatingTheIndex | ||
| IntelligentSpeculator |
Disclaimer: These picks are not recommendations to buy as they are for informational purposes only.
38 Comments, Comment or Ping
1. Jaymus (RealizedReturns)
I mentioned these yesterday, but I’ll just add them here “for the record”, I’m going with:
(1) Lululemon (LLL)
(2) BMO Financial (BMO)
(3) Denison Mines (DML)
(4) Shore Gold (SGF).
I actually have a lot of Uranium position, and Denison just happens to be one of my favorites of the lot. I am hoping for strong uranium spot prices in 2011.
January 3rd, 2011 at 10:19 pm
2. Miguel
1. CUM (Copper Mountain Mining)–Going in to production in about 5 months, workers and infrastructure is in place, anticipated production is conservative and the stock remains dirt cheap (sitting on a giant pit of copper). Oh yeah, and all the copper’s guaranteed bought by partner Mitsubishi! (for growth)
2. PKI (Parkland)–Relatively predictable income stream, nice dividend that will be close to maintained, good niche of smaller market gas stations in the West (Fas Gas, etc). (for income)
3. TRI (Thomson-Reuters)–good stable dividend, leading company in their field. (large-capper)
January 3rd, 2011 at 10:55 pm
3. Jungle
Dell
agf.b management
rci.b rogers
aqn algonquin power
Disclaimer: Own two of the above.
January 3rd, 2011 at 10:56 pm
4. Rick
Bridgewater Systems – BWC-t
Red Knee Solutions RKN-T
Encana
Nexen
January 3rd, 2011 at 11:20 pm
5. Steve Zussino
My 4 picks for 2011 (also one company on NYSE):
http://www.groceryalerts.ca/best-four-stock-picks-2011
ARISE Technologies Corporation
RBC
Exchange Income Corporation
Unilever
We are counting dividends in the return?
January 3rd, 2011 at 11:26 pm
6. Brandon
I’ll play along this time, too
1. Bell Canada (TSE:BCE) @ 35.34
2. AmBev (NYSE:ABV) @ 31.79
3. CIBC (TSE:CM) @ 78.33
4. Suncor (TSE:CU) @ 38.28
January 4th, 2011 at 12:22 am
7. Adam
Wow – that’s some good technicals with:
“As one of the worlds most recognized names and the largest card issuer in the world, I’m betting that the stock price will bounce back.”
“As with all the big 5 banks, RY sports a healthy dividend and I’m hoping that RY bounces back this year!”
“I picked this one a couple years ago “… so?!?
“but this year, I’m going to try my luck with ECA.”
January 4th, 2011 at 1:48 am
8. youngandthrifty
Cool, I have some of these guys, including BCE, SU, ENC, BMO. I used to have Exchange Income Corporation but sold it.
Jaymus, do you not find that the P/E ratio of Lululemon a bit daunting? Last I checked it was at 50… I know it’s a good company to work for and everything (it hails from my hometown, Vancouver).
January 4th, 2011 at 2:11 am
9. FrugalTrader
@Adam, as you noticed, I don’t take this game very seriously. If I did, I would be buying all those stocks mentioned on open.
January 4th, 2011 at 8:08 am
10. Jaymus (RealizedReturns)
yougandthrifty – yep. it is definitely daunting. I’m holding it for some short-term growth and not its long-term value. As such, I have to put more emphasis on other factors besides the valuation. Of the 4 picks, it is the one I am most likely to sell before the end of 2011.
January 4th, 2011 at 9:56 am
11. wx_junkie
Here are my 4 pics:
Sandvine (SVC) – 4-Jan opening = $2.84
Norbord (NBD) – 4-Jan opening = $14.97
Brookfield Asset Management (BAM.A) – 4-Jan opening = $33.95
Shoppers Drug Mart (SC) – 4-Jan opening = $39.69
January 4th, 2011 at 12:01 pm
12. Blogging About Money
BP plc
Johnson & Johnson
Citigroup
M-Split Corp (TSX: XMF.A)
January 4th, 2011 at 1:01 pm
13. Jaymus (RealizedReturns)
wx_junkie – I like SC for 2011 as well. I haven’t ever owned it, but I’ve been watching it for some time.
January 4th, 2011 at 1:50 pm
14. The Financial Blogger
Thank you for the link! ;-)
January 4th, 2011 at 3:11 pm
15. Financial Uproar
Here are my 4 picks:
Nokia (NOK)
Duoyuan Printing (DYP)
Paragon Shipping (PRGN)
New Frontier Media (NOOF)
I blogged about them here.
http://financialuproar.com/2011/01/04/2011-stock-picking-contest-entries/
Also, if any other bloggers want, I track their results compared to mine. We’ll have our own stock picking contest! Screw you guys! ;)
January 4th, 2011 at 4:50 pm
16. ITS
Of course you wouldn’t take this game very seriously.
How can Joe Schmoe know what type of poisonous “assets” the RBCs, CIBCs, BMOs, and the likes of CitiGroup scumbags are holding, when their own CEOs don’t know for sure. They did it before with subprime mortgages and they are probably doing it again with some fancy derivatives that make their books look good.
How can one trust them?
The financial sector is the dirtiest sector of all, and I wouldn’t invest one penny in them!
January 4th, 2011 at 4:59 pm
17. Joe
My Picks,
TMX Group (X)
Brookfield Properties(BPO)
Research In Motion(RIM)
EnCana(ECA)
January 4th, 2011 at 5:47 pm
18. Brad
I’m looking for a Facebook and Groupon IPO sometime in the first quarter so that’s why they are there.
1.Facebook or Groupon
2.TD (Chrystler finance deal looks good to me)
3.RIM (Playbook will send them back to where they should be)
4.BP (to get some oil exposure and I like the look of the Shell deal)
Nothing groundbreaking. Just looking to get good value with low volatility.
January 4th, 2011 at 7:04 pm
19. Chris Tringham
Wow, you’re really risking the farm this year eh. Those are some real long-shots.
Where’s the fun in picking boring stocks like this?
My 4 this year are;
1. CTXS (Citrix)
2. ADE (Avalon rare metals)
3. SVVS (Savvis)
4. GFA (Gafisa)
January 4th, 2011 at 10:39 pm
20. FrugalTrader
Just goes to show that most people (including pf bloggers!) should index their portfolios! :)
January 4th, 2011 at 10:45 pm
21. Bilbo Bloggins
Here we go.
1. MSFT
2. SNDA
3. RIG
4. COP
January 5th, 2011 at 6:40 am
22. Chris
1 – C
2 – GE
3 – ATVI
4 – TD
January 5th, 2011 at 11:29 am
23. djia futures
Yes, to make big returns must take big risks. If you can do it, why not.
January 5th, 2011 at 11:31 am
24. unhedged
cisco
suncor
inter pipeline fund
teck
January 6th, 2011 at 12:56 am
25. Nathan
Here are my picks for 2011…
SWI – Swisher Hygiene
CCO – Cameco
JBII – JBI, Inc
XCS – ishares small cap index
January 6th, 2011 at 2:03 am
26. mode3sour
QCOM
GOOG
JOYG
GER.VN
January 6th, 2011 at 2:10 am
27. Cruiser
1) EMC Metals Corp (TSX:EMC) – they have some great properties that they are exploring and it looks quite promising.
2) Lexam VG Gold (TSX:LEX) – Doing a lot of work on some old gold-producing properties in Timmins.
3) Canfor Pulp (Watchlist) (CFX.UN) – Converting from a trust shortly, so this is only a watch for me.
4) RBC
January 6th, 2011 at 10:31 am
28. Ross
Tops Picks for 2011 ( January 6th, 2011 ):
1. CUM-Copper Mountain $5.76–Going into production in May, extremely undervalued.
2. NGL-Angle Energy $8.05–Great Natural Gas play with new exposure to light oil.
3.RUU—Stans Energy $1.17–Like Copper Mountain this company is fast tracked for Heavy REE production wihin the forseeable future. REE could be the story of 2011 and this company is very well positioned to have potentially massive gains.
4. EPL–Eagle Plains Resources $0.65 great little exploration company with some outstanding plays in the pipeline. Iron Range could prove to be a company make in 2011 !
All the best !
January 6th, 2011 at 9:45 pm
29. Hangul
Citigroup (C)
Wells Fargo (WFC)
ALCOA (AA)
Abbott Labs (ABT)
Cisco (CSCO)
Disclaimer: I own all the above
I also bullish about Bank of America, PETROLEO BRASILEIRO
January 7th, 2011 at 12:37 am
30. telly
Here are my picks:
GM
F
ONE.TO
LEA
I’m bullish on automotive and ONE is my Hail Mary pass. :)
January 7th, 2011 at 4:06 pm
31. FrugalTrader
telly!? Long time! Where have you been?
January 7th, 2011 at 4:30 pm
32. telly
Hey FT! feels nice to be missed. ;)
I do check in once in awhile but life has been (totally awesomely) hectic! My husband and I have the most adorable 9 month old baby girl (we practiced REALLY hard to make her so I couldn’t be any more thrilled to be a mom;)). Unfortunately I’ve been back at work for the past 5 months :( although overall it’s going pretty well. After a scary year or two in our industry things are really picking up (thus the bearish automotive call) so I’ve been really busy at work.
I see things are going well for you! I still check in regularly to see how you’re coming along on your million dollar goal. So far so good! :)
January 7th, 2011 at 4:42 pm
33. FrugalTrader
@telly, big congrats on the new baby! Life completely changes with the baby, for the better of course. It gets really good once they start sleeping through the night. :)
January 7th, 2011 at 4:46 pm
34. telly
Thanks FT!
I hate to jinx it, but this kid LOVES to sleep so far :) but I know things change!
I haven’t missed a new addition right? Just one little boy for you guys (about 3 now)?
January 7th, 2011 at 5:28 pm
35. The Investment Blogger
Sanofi-Aventis (SNY)
Rubicon Minerals (RMX.to)
US Gold Corp (UXG.to)
Minera Andes (MAI.to)
- all seem to be ignored or have taken a significant price decline recently, but have continued to do some good work.
Disclaimer: I own all of these.
January 9th, 2011 at 2:57 pm
36. hst
Abbott (ABT)
Johnson & Johnson (JNJ)
Visa (V)
Intel (INTC)
General Electric (GE)
RBC (RY)
Pepsi (PEP)
Encana (ECA)
I own all these shares.
January 22nd, 2011 at 4:11 pm
37. Brendan
BMO
MSFT
DE
ONE
I own only one but would love a hefty portion of all the others
January 31st, 2011 at 8:28 pm
38. Bernz
How’s everyone doing with their picks? I do like the following:
ACAS
APL
AA
CENX
I do own all four by the way.
April 4th, 2011 at 2:51 pm
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