Saturday, January 22, 2011

Stock Picks (Buys)

Ethan Allen (ETH)
Current Stock Price: Closed 1/21 at $20.22
Current 12 Month Stock Target Price: $25.00
Resistence: $20.40
Support: $19.03
Other Information: Chart pattern indicates strong upward trend. Upgraded by S&P from Buy to Strong Buy. Nice opportunity for potential 20% gain based on analyst targets.

TD Ameritrade (AMTD)
Current Stock Price: Closed 1/21 at $20.30
Current 12 Month Stock Target Price: $24.00
Support: $19.30
Other Information: Chart pattern indicates strong upward trend. Net new client assets grew 11%
Risk to target price include lower trading volume and slower economic recovery.