Undiscovered Equities’ Top Picks for 2010
As promised, we at Undiscovered Equities would like to take this opportunity to showcase our top 10 investment opportunities for 2010.
Last year we urged our subscribers to ignore the nervousness of the times and take advantage of the opportunity that the period of forced liquidation created. As our results show, it proved to be, as Warren Buffett said, “one of the greatest buying opportunities of our lifetime.”
Our advice to our subscribers this year is to remain patient, have a long term outlook and continue to invest in great businesses: ones that can make huge profits and grow dramatically even in today’s economic environment.
Looking ahead we expect that the market for crude oil will continue to grow, especially as certain areas of the world such as India and China continue to modernize. We feel that oil prices will trade in a range between $66 and $90 per barrel.
This year however we are avoiding domestic natural gas exploration plays as we believe gas prices will remain under pressure due to the recent robust shale finds and the challenging US economic environment.
In the past we have focused primarily on the energy sector, but this year we have chosen to diversify as several extraordinary opportunities have captured our attention.
We expect these 10 stocks to outperform in the New Year and as always it is important to keep some cash in reserves for extraordinary opportunities.
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