My 11 picks for 2011...
It seems like everyone is doing it so I decided to give it a try.
So here are my picks (in no particular order):
1. SYNL, Synalloy Corp., currently at $12.12. In my opinion, Stainless Steel will be HOT in 2011. I think prices for stainless steel will go up because of increase in demand and increase in commodity prices. On the chart below, you can see what happened with SYNL in 2007 when we had the same scenario. I think we will watch the replay of 2007 in 2011.
Synalloy Corporation operates in two segments, the Metals Segment and the Specialty Chemicals Segment. The Metals Segment operates as Bristol Metals, LLC (Bristol) and Ram-Fab, LLC (Ram-Fab). Bristol manufactures pipe (Bristol Pipe) and fabricates piping systems (BPS) from stainless steel and other alloys, and Ram-Fab fabricates piping systems from carbon, chrome, stainless steel and other alloys. The Metals Segment’s markets include the chemical, petrochemical, pulp and paper, mining, power generation (including nuclear), water and wastewater treatment, liquid natural gas (LNG), brewery, food processing, petroleum, pharmaceutical and other industries. The Specialty Chemicals Segment operates as Manufacturers Chemicals, LLC (MC), located in Cleveland, Tennessee and Dalton, Georgia. On August 31, 2009, the Company acquired Ram-Fab, Inc.
2. TGE, TGC Industries, currently at $3.80. Same thing as for SYNL above, just this time is an Oil-and-Gas-will-be-HOT-in-2011 play. TGC Industries provides seismic data services to Oil and Gas industry. I don't know if it's going to happen this year, but I'm convinced next time we see a bull market in Oil and Gas, TGE will shoot over its 2007 all-time high of $12. I think in 2007 TGE just strted growing (and investing in equipment), but is bigger and stronger now.
TGC Industries, Inc. (TGC) is a provider of seismic data acquisition services throughout the continental United States and Canada. The Company is engaged in the geophysical service business of conducting three dimensional (3-D) surveys for clients in the oil and gas business. As of December 31, 2009, the Company operated six seismic crews, four in the United States and two in Canada. These seismic crews supply seismic data primarily to companies engaged in the exploration and development of oil and natural gas on land and in land-to-water transition areas. On October 19, 2009, it acquired Eagle Canada, Inc. (Eagle Canada).
3. BPOP, Popular Inc., currently at $3.14. BPOP was featured in my Volume Story back in Sept. of 2009. BPOP hadn't done much in 2010, but I think that's about to change in 2011.
Popular, Inc. is a diversified, publicly owned bank holding company. The Company operates in three markets: Puerto Rico, the United States mainland and providing processing and other technology services in Puerto Rico, Florida, Venezuela, the Dominican Republic, El Salvador and Costa Rica. The Company’s offer in Puerto Rico a range of retail and commercial banking services through its principal bank subsidiary, Banco Popular de Puerto Rico (Banco Popular or the Bank). The Bank accounted for 67% of total consolidated assets of the Company at December 31, 2009. Banco Popular has retail franchise in Puerto Rico, with 173 branches and over 580 automated teller machines (ATM’s). The Bank also operates seven branches in the United States Virgin Islands, one branch in the British Virgin Islands and one branch in New York.
4. EJ, E-House (China) Holdings, currently at $14.96. EJ is another stock that didn't do much in 2010, but will be HOT in 2011. Chinese real estate market.
E-House (China) Holdings Limited (E-House) is a real estate services company in People’s Republic of China. E-House provides primary real estate agency services, secondary real estate brokerage services, real estate information and consulting services, real estate advertising services, real estate online services and real estate investment fund management services. E-House provides six types of services: primary real estate agency services, secondary real estate brokerage services, real estate information and consulting services, real estate advertising services, real estate online services and real estate investment fund management. E-House conducts its real estate information and consulting services, real estate advertising services and real estate online services through its majority owned subsidiary, China Real Estate Information Corporation (CRIC).
5. DNN, Denison Mines, currently at $3.42. Uranium is already HOT, and will continue to be HOT in 2011. Vanadium as well.
Denison Mines Corp. (DMC) is engaged in uranium mining and related activities, including acquisition, exploration and development of uranium bearing properties, extraction, processing, selling and reclamation. The environmental services division of the Company provides mine decommissioning and decommissioned site monitoring services for third parties. The Company has a 100% interest in the White Mesa mill located in Utah, United States and a 22.5% interest in the McClean Lake mill located in the Athabasca Basin of Saskatchewan, Canada. The Company has interests in development and exploration projects in Canada, United States, Mongolia and Zambia. Uranium the Company’s primary product is produced in the form of uranium oxide concentrates (U3O8) and sold to customers worldwide for further processing. The Company also produces vanadium in the form of vanadium pentoxide (V2O5). The Company is also in the business of processing uranium bearing waste materials (alternate feed materials).
6. ICO, International Coal Group, currently at $7.74. Coal is HOT already, and will be even hotter in 2011. One of my favorite stocks for the next 2 years.
International Coal Group, Inc. (ICG) is a producer of coal in Northern and Central Appalachia with a range of mid to high British thermal unit (Btu), low to medium sulfur steam and metallurgical coal. The Company's Appalachian mining complexes are located in West Virginia, Kentucky, Virginia and Maryland. It also has a complementary mining complex of mid to high sulfur steam coal located in the Illinois Basin. ICG markets its coal to a customer base of largely investment grade electric utilities, as well as domestic and international industrial customers. The Company has three business segments, which are based on the coal regions in which it operates: Central Appalachian, comprised of both surface and underground mines; Northern Appalachian, comprised of both surface and underground mines, and Illinois Basin, representing one underground mine.