Forecast 2011 are still progressing
with continuous selling on the Dowjones,
keep in mind that a run is not for ever
i am selling in this momentum
.. cheers and book my hollydays sking in China...
strict discipline must apply in this game
Cramer's Dow 30 Prediction: 13K and Beyond
Here's my annual analysis, case by case, that adds up to a target of 13,365 for the Dow Jones next year -- a 16% gain from current levels and a bountiful return -- based on a prognostication of the performance of the individual members of the venerable index.
Although I am a bottoms up guy, as a backdrop I am presuming a resumption of decent U.S. growth courtesy of the Fed -- call it 3% to 4% -- continued worldwide growth, a stable to slight decline in the dollar and a decent rise in rates (30-year Treasury bond going to 4.8%) as befitting a return to economic health.
Still, I don't want to overplay the macro hand. I am seeing these terrific gains on the Dow from the players within, not the trends outside. Here's how I get to my 13,365 target.
1. Alcoa (AA_): Let's start off with a bang. With just a $14 billion market cap -- and being the leading independent producer of a metal that will be in intense demand in 2011 because of boosted aerospace, autos and power plant production -- Alcoa will be hard-pressed to stay independent. Earnings have been depressed throughout the downturn, but the cash flow has picked up, courtesy the excellent stewardship of CEO Klaus Kleinfeld. If the company stands alone its stock can advance and get a 12 multiple, a slight discount to many of the cyclical stocks in the average, and that would put it at $18. But I think it gets bought out at $22, a fabulous return and perhaps my favorite in the whole average.
2. American Express (AXP_) just doesn't get the rewards it deserves in this market with people constantly trying to lump it in with slow growth banks or Visa (V_) and MasterCard (MA_) which have been whacked by the Fed because of debit fees. American Express is a credit card company with fewer and fewer defaults and excellent growth, especially with the rebounding world economy, and it should be treated as such. I see the company earning $4 next year and deserving a 15 multiple, more in keeping with double-digit growth companies. Call it $60.
and more
http://www.thestreet.com/story/10953794/1/cramers-dow-30-prediction-13k-and-beyond.html
Will The Dow Hit A Record High In 2011?
Stocks End Up Dow Hits Highest Level in 2 Years -- CNBC Will the Dow hit a record high in 2011 -- DailyFinance U.S. Stocks Retreat on Valuations, Surge in Treasury Yields -- BusinessWeek Will the Dow hit a record high in 2011 -- AP News Wire. Vick says he would like a pet dog, renewing debate -- FOX News Spencer Hawesapos 18 points help 76ers win on the road -- The bad news, and it really wasnapost all that bad, was that the Dow Jones industrials INDU. so, find yerself a swaggering, poker-playing, high quality pro who has a track record of beating this “rigged game.” there are plenty of us out there. NEW YORK AP — Could the Dow set a record high next year That question would have seemed crazy early last year when fear and panic enveloped the stock market and the Dow Jones industrial average plunged to 6,547 on March 9. Many investors thought it. WIS is South Carolina’s news leader, covering local news, weather, sports and community information in Columbia, Lexington, Sumter, Orangeburg, Newberry, Winnsboro and the rest of the Midlands. Will the Dow hit a record high in 2011 -- KTTC Rochester, Austin. Could the Dow set a record high next year. Many analysts forecast stock prices will rise further in 2011, but are skeptical that the Dow will set a record so soon.. Will the Dow hit a record high in 2011. Many analysts forecast stock prices will rise further in 2011, but are skeptical that the Dow will set a record so soon.. Will the Dow hit a record high in 2011 -- WIS News 10. Confidence among U.S. small business owners continued to rise, reaching a three-year high last month, according to the National. oil inventories Honeywellaposs 2011 outlook and Atlanta Fed Pres Lockhart speaks. THURSDAY: Housing starts, jobless claims.
NEW YORK — Could the Dow set a record high next year Friday, December 17, 2010. The Dow Jones industrial average closed up about 48 points. Unemployment rose to 9.8 percent in November, a seven-month high. Itaposs exceeded 9 percent for a record stretch of 19 months. And some economists predict it could climb to 10 percent by early. Will the Dow hit a record high in 2011 STAN CHOE -- 12/17/2010 11:46:15 AM. Could the Dow set a record high next year Could the Dow set a record high next year. Many analysts forecast stock prices will rise further in 2011, but are skeptical that the Dow will set a record so soon.. Will The Dow Hit A Record High In 2011 -- Project Economy News. While the weekend box-office was the second lowest grossing of the year, a handful of art-house films in limited release show theres potential sleeper hits in the making. following its 2010 record-setting opening weekend average 88,863 the. Will the Dow hit a record high in 2011 -- Will the Dow hit a record high in 2011 Fed cites unemployment in sticking with bond plan -- Cleveland Plain Dealer LONDON -Dow Jones- Aggreko PLC AGK. Trading in International Power Projects improved in the fourth quarter, with the record order-intake secured in the first half now generating revenues, and the quarter also saw a much reduced off-hire rate On an. New Jersey will get the Rocketsapos first-round draft pick in 2012, the Lakersapos first-round pick in 2011 and current Lakers shooting guard. but Hawes put in a rebound and Holiday hit a high-arcing 3-pointer to push the lead to 68-60. After a basket by. Dow up 42 Oracle, RIM results cheer Street -- MSN Money Will Black Swan and The Kings Speech Break Out Big -- Wall Street Journal
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Dow's Next Upside Target 13,000-13,500: Charts
CNBC Contributor
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