Filed under: Market matters, Personal finance, Stocks to Buy, Videos
Ready to make some serious money? Wall Street Warrior Timothy Sykes isn’t playing around — he wants to make you rich. In this edition of StockWatch: Between the Bells, the MSN Money host and author of An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund riffs — and dances — on a fistful of market strategies.
Tim has three daring tips for you. Digital content storage provider Isilon Systems (NASDAQ: ISLN) is sitting at an all-time low, more than 70% off its high at the start of the year, and looks priced to buy. Genetics biotech Illumina Inc. (NASDAQ: ILMN) is currently trading around $52; Tim sees ILMN climbing to $60. Sound a little too risky? Tim suggests checking out The Bruce Fund (BRUFX), a mutual fund focusing on domestic common stock, convertible bonds and zero-coupon government bonds.
Considering a short-selling strategy? Tim calls out China Precision Steel (NASDAQ: CPSL), which has jumped more than three-fold in little more than a week and looks set to slide.
Jamba Juice (NASDAQ: JMBA), meanwhile, is giving Tim fits — revenues are up while same-store sales are slipping. He advises to stay away from JMBA.
Enjoy the clip, and let us know which of your favorite stock gurus you’d like to hear from in the next StockWatch: Between the Bells!
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