P.O. Box 10065, Wilmington, NC 28404
for a new year in different ways. Many resolve to eat better and get to the gymmore regularly. Some decide to make this the year that they finally kick a terrible habit. For others, thegoal is a more spiritual or psychic one and they commit to seeing the positive, spending more time withfamily, or spending more time alone.Whichever New Year’s resolution speaks to you, there is one goal that most of us share. The goal to doa better job of managing, growing, and protecting our money.How, in 2011, a year in which the S&P 500 provided only five points above the previous years’ close,can we expect much more from 2012? Can we make more money this year than last and, moreimportantly, can we protect what we make against future losses?
In a word, yes.
We have a great list of stocks to watch, buy, and enjoy in the New Year. This can be your best year ever. So watch the salt, get to the gym, take more walks, and make these stocks part of your “better you” resolution!1.
WDC: Western Digital Corporation
Western Digital Corporation (WD)
is a provider of solutions for the collection, storage,management, protection and use of digital content, including audio and video. Its principal products are hard drives, which are devices that use one or more rotating magnetic disks(magnetic media) to store and allow access to data. Its hard drives are used in desktop andnotebook computers, corporate and cloud computing data centers, home entertainment equip-ment and consumer storage devices. In addition to hard drives, its other products include solid-state drives and home entertainment and networking products. The Company operates as the parent company of its hard drive business, Western Digital Technologies, Inc.
Western Digital Corporation designs, develops, manufactures, and sells harddrives. It sells its products worldwide to original equipment manufacturers (OEMs) and originaldesign manufacturers (ODMs) for use in computer systems, subsystems or consumer electronics(CE) devices, and to distributors, resellers, and retailers.The company recently announced they are restarting their Thailand production facility earlier than expected after flooding in that region. Also, they beat earnings expectations in 4 out of thelast 5 quarters. Finally, the next earnings in January, 2012, may propel this stock above resistance provided by the 200 SMA at $32.40 per share.
Potential Trade Strategies:
OTM Long-Term Bull Puts
ITM or ATM Covered Calls
Current Month Bull Put
Bull Call Calendar