by Nancy Zambell | May 14, 2012 6:00 am
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. (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.
Market cap: $3.26 billion
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. (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.
Market cap: $1.06 billion
Why I Like It: Great earnings growth in coke-making sector; shares look ready for a technical breakout.
Source URL: https://investorplace.com/2012/05/my-2-favorite-stocks-for-this-week-5/
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