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Saturday, December 3, 2011

Top Stocks To Buy 2012

Top Stocks to Buy 2012 

Are you looking for the Best Stocks for 2012? Year 2010 & 2011 I recommended AAPL when stock was $185 share, Now AAPL was high $422 in October 2011 which is biggest gain ever my profile.I do believe  that AAPL could see $500 share next 12 months. Same like another stock I recommended NFLX when  stock was $56 share.NFLX  was high  $300 in August 2011. 

I do believe year 2012 stock  market will  be overall good. Bank stocks will be higher at the end of the year because my Bank's stock pick will be at low risk stock. I will update weekly 2012 Stock's Weekly/Monthly Resistance & Support 2012.Also check out my Top 2011 Stock Gainers.Also more stock to watch for today  Right Here. Check out my blow  Top Stocks to Buy 2012.


Apple Inc (AAPL)-Share of Apple Inc. (AAPL)  is trading $320-$360 last few months.I am looking for long entry near $300 area in any market correction in market.  They don’t pay a dividend but certainly could at any time.  They are a cash cow already sitting on a mountain of cash.  I can see the company going over $500 before the end of 2012.  Very strong buy.I will keep watching 200 day moving average to get long entry near future.

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart


Citigroup Inc (C)-Share of Citigroup is trading last few $22-$30.Stock is trading just over all moving average.Share of Citigroup Inc.(C) is next real resistance area is $31.97 which is last high.Citigroup has next big resistance will be over $36. If C  has next support level near $21.40 which is good buying opportunity  for long term. I think time to buy long term  buy near  low $20s because there is some bounce stock can go $40-$45 area.

 
Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart


Bank of America Corporation (BAC)- Share of  Bank of America Corp (BAC)  was trading under $7 in October 2011.Stock could hit $18-$20 next 12 months.Long term support area is $5.Bank of America could close and hold above $10, the stock could easily $16-$17.On the downside, BAC is a strong buy under $6 if we see a pullback.But this low risk banks stock.This is my one top pick for 2012.



Technical Analysis Stock Charts: Charts Below

Cisco Systems  Inc. (CSCO)-Cisco Systems will now have support at $17. Cisco Systems is a strong buy below $14 for the long term.Cisco Systems will now have support at $14 which is a new support level.Cisco Systems is a strong buy below $15 per share for long term buy list  for 2012.But stock will stay this range long time but low risk stock.I am looking for next 12 months $24-$25 price target.

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart
  

Molycorp Inc. (MCP)- Share of  Molcorp (MCP) trade under $30  November which is good for 1/2 long my position for 2012, I am looking for 2nd  half go long for low $20s if any market correction. I believe that stock could see $50 stock next 12 months.


Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart



United States Steel Corp. (X)- Share of United State Steel trading low 20s  last part of the year 2011. X is a strong buy below $20 for the long term.X will now have support at $14 which is a new support level.United State Steel is a strong buy below $20 any market correction in coming days.But stock will stay this range long time but low risk stock.I am looking for next 12 months $40-$50 price target.

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart


Freeport-McMoRan Copper & Gold Inc. (FCX)- Share of Freeport-McMoRan Copper & Gold Inc. (FCX) is trading near $30 in late 2011. Stock was low $28.65 which is are good buying opptunity again if any correction.This is another stock could be double from here or stock could go $60-$70 stock next 12 months.

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart


DryShips Inc (DRYS) Dryships Inc. (DRYS) stock was trading  $2-$5 last few months.The next major resistance level for Dryships is now $5.50 and support area is $2.This is another stock could be double from here or stock could go $7-$8 stock next 12 months.

Technical Analysis Stock Charts: Charts Below

First Solar, Inc. (FSLR)-
Share of First Solar, Inc. (FSLR)is one of the worst stock of year 2011.I am looking for long side mid $20 for long term buy any market correction. I am just 10% long near $40 level and looking any pullback. This stock could be $60-70 stock  next 12 months. Stock was one of the hot stock was $2010-$2111. First Solar, Inc. (FSLR) is a strong buy below $30 per share for long term buy list  for 2012. 

Technical Analysis Stock Charts: Charts Below
60m chart
Daily chart
Weekly chart


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