We’re not ready to declare an end to the market’s correction, despite last week’s encouraging action. After all, a horrendous November (the Nasdaq was down more than 10% for the month before last week’s rally) was bound to lead to some type of bounce; what happens from here will be key. Regardless, there’s no question that many stocks improved their standing, finding big-volume support and, in some cases, shooting to new peaks. These are the names you want at the top of your watch list; the first groups out of the gate usually lead the ensuing bull move. For now, we advise continued prudence – buying just small amounts, keeping some cash on the sideline – but you should also be ready to turn bullish if the market follows-through powerfully in the days ahead. This weeks’ Top Ten contains an eclectic mix of names, some conservative, some high-flying. Our favorite:
Turkcell (TKC), the leading wireless service provider in Turkey, which is registering strong bottom-line growth. We love the big-volume upside of late, a sign big investors will support the stock on any pullback.
| Stock Name | Price | Buy Range | Loss Limit |
|---|
| ANR (ANR) | 0.00 | 25-28 | - |
| DV (DV) | 0.00 | 50-55 | - |
| FOSL (FOSL) | 0.00 | 40-43 | - |
| ISRG (ISRG) | 0.00 | 310-325 | - |
| OSIP (OSIP) | 0.00 | 42-46 | - |
| SLT (SLT) | 0.00 | 22-25 | - |
| SOHU (SOHU) | 0.00 | 53-60 | - |
| TKC (TKC) | 0.00 | 24-27 | - |
| VRSN (VRSN) | 0.00 | 38-40 | - |
| WFR (WFR) | 0.00 | 73-77 | - |