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My 2 Favorite Stocks for This Week

The good part about the market's weakness is ... more bargains!

   

It has been a mixed week on Wall Street. Weekend news of a new, Socialist president in France and a backlash against austerity in Greece sent the markets falling in the first half of the week.

But good unemployment numbers and import and export prices gave stocks a firmer footing on Thursday.

The good part about the market’s weakness is that there are more bargains to be had!

Here are my two favorites this week:

American Capital Ltd.

American Capital Ltd. (NASDAQ:ACAS)  is a private equity and venture capital firm specializing in management and employee buyouts, mezzanine, acquisition, recapitalization, middle market and growth capital investments.

Price: $9.82

Market cap: $3.26 billion

Target: $12

Why I Like It: Institutions are buying; analysts’ earnings estimates are increasing; improving economy means more businesses seeking financing for future growth.

SunCoke Energy Inc.

SunCoke Energy Inc. (NYSE:SXC) mines and produces coal in the Americas. It’s the largest independent producer of metallurgical coke in the Americas. SXC sells metallurgical and thermal coal used in steelmaking facilities.

Price: $15.30

Market cap: $1.06 billion

Target: $18.00

Why I Like It: Great earnings growth in coke-making sector; shares look ready for a technical breakout.


Article printed from InvestorPlace Media, http://investorplace.com/2012/05/my-2-favorite-stocks-for-this-week-5/.

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