Top Stock Picks for 2011 – What Are Your Picks?

As per annual tradition, Million Dollar Journey is participating in the investment blogger stock picking competition. Last year, we eeked out a 3.8% return and finished in the middle of the pack.  As I was pretty aggressive in the stock picks for last year, we had some big winners and equally big losers.  This year, I don’t have a lot of great ideas for stock picks as the markets are fairly lofty, but I have come up with some that may help us win this year (wishful thinking?)!

My Top 4 Stock Picks for 2011

  1. VISA (V) – Everyone knows VISA!  The stock has recently sold off due to news that debit card transaction prices may be regulated in the US and VISA has a portion of their business in the debit market place.  As one of the worlds most recognized names and the largest card issuer in the world, I’m betting that the stock price will bounce back.  Trading price as of Jan 3, 2011: $70.64.
  2. Royal Bank of Canada (RY.TO) –  Although Royal Bank is the largest bank in Canada in terms of market cap, it has been severely under performing relative to the other big banks in Canada.  As with all the big 5 banks, RY sports a healthy dividend and I’m hoping that RY bounces back this year! Trading price as of Jan 3, 2011: $52.32.  Disclaimer: I own shares of RY.TO.
  3. Husky Energy (HSE.TO) – I picked this one a couple years ago and I’m picking it again for some oil exposure.  They own oil producing assets in NL, new assets in China in addition to paying a healthy dividend.  Trading price as of Jan 3, 2011: $26.55. Disclaimer: I own shares of HSE.TO.
  4. Encana (ECA.TO) – A little while back, Encana split into two companies to divide their natural gas and oil operations.  CVE took over the oil side, and ECA took the natural gas.  Last year, I picked CVE which was a winner, but this year, I’m going to try my luck with ECA.  Even though I’m not bullish over natural gas prices, ECA appears cheap with low Price/Earnings, Price/Book ratios and the dividend does not hurt either.   Trading price as of Jan 3, 2011: $29.09

If you were to pick 4 stocks for 2011, what would they be?

Here are the picks from the other bloggers:

DividendGrowthInvestor
The Wild Investor
WheredoesallmyMoneygo
My Traders Journal
Money Smart Blog
The Financial Blogger
BeatingTheIndex
IntelligentSpeculator

Disclaimer: These picks are not recommendations to buy as they are for informational purposes only.

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FT

FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.
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Bernz
10 years ago

How’s everyone doing with their picks? I do like the following:
ACAS
APL
AA
CENX

I do own all four by the way.

Brendan
10 years ago

BMO
MSFT
DE
ONE

I own only one but would love a hefty portion of all the others

hst
10 years ago

Abbott (ABT)
Johnson & Johnson (JNJ)
Visa (V)
Intel (INTC)
General Electric (GE)
RBC (RY)
Pepsi (PEP)
Encana (ECA)

I own all these shares.

The Investment Blogger
10 years ago

Sanofi-Aventis (SNY)
Rubicon Minerals (RMX.to)
US Gold Corp (UXG.to)
Minera Andes (MAI.to)

– all seem to be ignored or have taken a significant price decline recently, but have continued to do some good work.

Disclaimer: I own all of these.

telly
10 years ago

Thanks FT!

I hate to jinx it, but this kid LOVES to sleep so far :) but I know things change!

I haven’t missed a new addition right? Just one little boy for you guys (about 3 now)?

telly
10 years ago

Hey FT! feels nice to be missed. ;)

I do check in once in awhile but life has been (totally awesomely) hectic! My husband and I have the most adorable 9 month old baby girl (we practiced REALLY hard to make her so I couldn’t be any more thrilled to be a mom;)). Unfortunately I’ve been back at work for the past 5 months :( although overall it’s going pretty well. After a scary year or two in our industry things are really picking up (thus the bearish automotive call) so I’ve been really busy at work.

I see things are going well for you! I still check in regularly to see how you’re coming along on your million dollar goal. So far so good! :)

telly
10 years ago

Here are my picks:

GM
F
ONE.TO
LEA

I’m bullish on automotive and ONE is my Hail Mary pass. :)

Hangul
10 years ago

Citigroup (C)
Wells Fargo (WFC)
ALCOA (AA)
Abbott Labs (ABT)
Cisco (CSCO)

Disclaimer: I own all the above

I also bullish about Bank of America, PETROLEO BRASILEIRO