Saturday, July 21, 2007

Yared bullish on DJ, Apple and Crocs

Georges Yared has been dead-on right about the bull market and its high-fueled growth stocks as much as anyone.

That's why, when he wrote yesterday about the Dow's next march, the one to 15,000, he maintains that there are at least six stocks that will help lead the run. Two of them aren't even part of the Dow.

One is Apple, which he has been bullish on for a long time. The other is Crocs, which he's been very high on since February. Yared notes that the Co's positive numbers make CROX a buy at current levels.

With short interest at 32 percent — shortsqueeze.com has updated figures while Yahoo has old information — it's more than just basic statistics that could propel CROX out of the sideways action of the past two months. Earnings for Q2 will be released on August 2.

Disclaimer: Pupule Paul is slightly long AAPL and CROX.

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