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SOURCE: pspicks.com
http://www.PSPicks.com, provider of Winning Microcap Stock Alerts, Penny Stock Rumor Alerts, High Quality Stocks, and Breakout Stock Plays, offers a newsletter to investors looking for the best stocks daily announced NYSE, AMEX, NASDAQ, and OTC Stocks Hitting New 52 Week Lows Plus a Hidden Stock.
Huntington Beach, CA (PRWEB) November 10, 2012
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In what only can be described as a disappointing week, there were more stocks making new Lows than Highs on Friday. The election is over and now investors are worried about the Fiscal Cliff. The fear of the Fiscal Cliff along with the new Obama Taxes is causing a sell off.
One popular strategy employed by stock traders is to purchase companies Making New 52 Week Lows in the hopes for a bounce. Here are a few stocks PSPicks is watching that could bounce next week.
Intel Corporation designs, manufactures, and sells integrated digital technology platforms primarily in the Asia-Pacific, the Americas, Europe, and Japan. The stock hit a new low of $20.80 after it was announced that Apple was going to stop using their chips. PSPicks believes this is a total buying opportunity here. Apple is a big company but they are not the reason Intel is a success. The fact is PC's still out number Macs and that's not changing anytime soon. Also at this price Intel is paying a 4.90% dividend. PSPicks is long on Intel.
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BioTime, Inc., a biotechnology company, focuses on regenerative medicine and blood plasma volume expanders. The stock hit a new low of $3.27 on Friday.
McDonald?s Corporation franchises and operates McDonald's restaurants in the global restaurant industry. Its restaurants offer various food items, soft drinks, coffee, and other beverages. The stock hit a new low of $84.05 on Friday due to poor sales. PSPicks believes the stock will bounce simply because novice investors will start to jump in.
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company in the United States. The stock hit a new low of $5.04 on Friday. PSPicks believes this might not bounce back next week, but longterm Boyd seems to have a great plan.
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Disclosure: PSPicks is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. This press release may contain several forward looking statements. Please visit our website for complete risks and disclosures.
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