Friday, February 09, 2007

Thestreet.com: Funds Betting On Comeback Stocks

Stockpicker: The Top Internet Comeback Kids
By James Altucher RealMoney.com Contributor 2/8/2007 7:38 AM EST

...I love companies that could make a comeback, and I believe all the ones on the "Whatever Happened To list I've compiled are candidates for such a comeback.
Stockpickr tip of the day: It's interesting to look at the recommendations displayed for various portfolios. For instance, take a look at this portfolio: Motorola (MOT - Cramer's Take - Stockpickr - Rating), Microsoft (MSFT - Cramer's Take - Stockpickr - Rating), Sirius Satellite Radio (SIRI - Cramer's Take - Stockpickr - Rating), streetTracks Gold Shares (GLD - Cramer's Take - Stockpickr - Rating) and NorthStar Realty Finance (NRF - Cramer's Take - Stockpickr - Rating).
Sirius is an interesting holding because it could suggest that a lot of the funds that own stocks like CMGI, InfoSpace, etc., are also betting on other speculative tech companies that could make comebacks. I had never even heard of NorthStar before, but it looks like an interesting diversification play when compared to the companies on the "Whatever Happened To" list. ...read more: here