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(EMAILWIRE.COM, February 12, 2012 ) Chicago, Illinois - The Stockfather (www.thestockfather.com) has released a report rating stocks for their buying potential.
The stock with the most upside potential currently according to thestockfather.com is Mission NewEnergy Limited (NasdaqGM: MNEL).
The Stockfather believes that Mission NewEnergy Ltd. (MNEL) is in position to become a leader in the alternative fuel industry.
Shares of (MNEL) appear to be on the move up. Shares of MNEL are an extreme bargain at the current price of $1.35 per share. Thestockfather.com has set a short term target price of $3.00 for (MNEL) and a one year target of $9.00.
Other stocks on our 'buy' radar include Exide Technologies (NasdaqGS: XIDE) which closed Friday at $3.03, down over 24 percent. Thestockfather.com says to watch for a rebound over the coming few days.
Exide Technologies (XIDE) engages in the production and sale of lead-acid batteries for transportation and industrial applications. It offers transportation batteries, which include ignition and lighting batteries for all vehicles.
Popular, Inc. (NasdaqGS: BPOP) closed Friday at $1.68, down a little over five percent. The Stockfather believes BPOP could be ready to start making a run this year.
Popular, Inc., (BPOP) through its subsidiaries, provides a range of retail and commercial banking products.
DryShips Inc. (NasdaqGS: DRYS) last closed at $3.00, down about two percent. DRYS is trading up as of late, gaining over 50 cents in the past week alone.
Thestockfather.com believes there is some caution with Dry Ships Inc. (DRYS), however. The Greece-based company could suffer with financial turmoil in that country.
JA Solar Holdings, Co., Ltd. (NasdaqGS: JASO) is trading at $2.05. It is over six dollars off its year high stock price of $8.57. The Stockfather reports that this growing solar company could see higher gains as summer approaches.
Hovnanian Enterprises, Inc. (NYSE: HOV) is a residential home builder. We at thestockfather.com like HOV as a long term hold as the housing market looks to improve.
If investors are seeking big gains in the short-term, then the best bet is Mission NewEnergy (MNEL).
About The Stockfather:
The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.
Disclaimer:
For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit www.thestockfather.com for further disclosure information.
The Stockfather
David Conway
312-473-5916
alerts@thestockfather.com
Source: EmailWire.com
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