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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

  1. 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.
  2. 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.
  3. 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.
  4. 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. 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.

  2. 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)

  3. 3. Jungle

    Dell
    agf.b management
    rci.b rogers
    aqn algonquin power

    Disclaimer: Own two of the above.

  4. 4. Rick

    Bridgewater Systems – BWC-t
    Red Knee Solutions RKN-T
    Encana
    Nexen

  5. 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?

  6. 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

  7. 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.”

  8. 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).

  9. @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.

  10. 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.

  11. 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

  12. BP plc

    Johnson & Johnson

    Citigroup

    M-Split Corp (TSX: XMF.A)

  13. wx_junkie – I like SC for 2011 as well. I haven’t ever owned it, but I’ve been watching it for some time.

  14. Thank you for the link! ;-)

  15. 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! ;)

  16. 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!

  17. 17. Joe

    My Picks,
    TMX Group (X)
    Brookfield Properties(BPO)
    Research In Motion(RIM)
    EnCana(ECA)

  18. 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.

  19. 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)

  20. Just goes to show that most people (including pf bloggers!) should index their portfolios! :)

  21. 21. Bilbo Bloggins

    Here we go.
    1. MSFT
    2. SNDA
    3. RIG
    4. COP

  22. 22. Chris

    1 – C
    2 – GE
    3 – ATVI
    4 – TD

  23. 23. djia futures

    Yes, to make big returns must take big risks. If you can do it, why not.

  24. 24. unhedged

    cisco
    suncor
    inter pipeline fund
    teck

  25. 25. Nathan

    Here are my picks for 2011…

    SWI – Swisher Hygiene
    CCO – Cameco
    JBII – JBI, Inc
    XCS – ishares small cap index

  26. 26. mode3sour

    QCOM
    GOOG
    JOYG
    GER.VN

  27. 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

  28. 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 !

  29. 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

  30. 30. telly

    Here are my picks:

    GM
    F
    ONE.TO
    LEA

    I’m bullish on automotive and ONE is my Hail Mary pass. :)

  31. telly!? Long time! Where have you been?

  32. 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! :)

  33. @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. :)

  34. 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)?

  35. 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.

  36. 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.

  37. 37. Brendan

    BMO
    MSFT
    DE
    ONE

    I own only one but would love a hefty portion of all the others

  38. 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.

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