Top Stocks for the Week

Top Stocks for the week of June 26 to 30:

Investment Stocks (Long-term/Strong Dividend Stocks)

1. General Electric (GE)
    * Back to rock bottom at $27 dollars a share.  GE stock price hasn't been this low since 2015.  There has been a lot of negativity in the past 18 months, however I believe this company is in a transition period with a new CEO in August, purchasing Baker Hughes (BHI) and business re-organization makes this an interesting long-term stock. GE also spent more than $1Billion to acquire multiple 3D printing companies and is targeting a $1 Billion revenue rate by 2020.  Same time, GE has a strong 3.5% Dividend Yield with an annualized payout of $.96 (.24 per quarter).


2. Disney (SAFE)
         - Stock is trading around $105, rock bottom is in the 90s and highs around $120.  I recommend to start purchasing small amounts of Disney stock and keep adding if it goes below another 5 to 10%.  In 6 months, when Star Wars 8 is released, I strongly believe Disney will be trading in the 120s to 130s.  The status of ESPN is keeping the stock price down with uncertainty with cable chord cutting. Also, if Disney stock price increases and hits the 120-130s, Disney may implement a stock split and stock purchase as Disney is due for a stock split every 8 to 10 years.

Trading Stocks (Short Term- Sell after 20% profits)

1. Kohls (KSS)
    * Near rock bottom, KSS is trading between $36-$37 dollars a share, I recommend to purchase 1/2 a position and if it hits below $33 dollars a share, purchase the other 1/2 a position.  Core customers will continue to shop at Kohls due to all the discounts they receive, etc.  Recommend to sell around $43 dollars a share for profit of 20%.


2. ITEK (RISKY)
         - Nears bottom a 1.90 per share.  Stock is trading at a very low stock price because of a unsuccessful 3rd phase report.  However, the 2nd phase report for a dual treatment is due in early to mid July.  Likelihood of a successful 2nd phase clinical test is better than 50%, however this is a risky stock.  If it fails to meet all its endpoints, this stock will go down below $1 dollar.  I recommend put a small amount because if it is successful, this stock will easily hit $5 to $6 dollars a share which would exceed up to 200% profits.

3. Gilead (GILD) (SAFE)
    * GILDs stock price hasn't been this low since 2014.  Shareholders are waiting on the company to make significant M&A purchases, once they make a purchase, I believe this stock will start to soar back in the 80s where it belongs with a potential of 25 to 30% profits overnight.  At the same time, Gilead has a number of drugs in the pipeline going through 2nd and 3rd phase clinical testing, which could be a catalyst for increase profits as well.

   - EMSTP purchased GILD at 64 and still holding 3 days later as GILD has reached 71/72 dollars a share.