The Money Pros network of Personal Finance writers have a new challenge for you!
Here is your chance to see if these Personal Finance bloggers know their stocks. As a friendly competition, the Money Pros bloggers each picked 3 stocks to see who will do the best in 2012. You can also pick 3 stocks that you think would perform well in 2012 and see how they measure up to each member’s picks and the Money Pros Index.
Here’s how it works:
- PICK 3 STOCKS you think will perform the best in 2012
- SIGN-UP on the Money Pros Index Fund Challenge registration form – before the first trading day of 2012!
- FOLLOW your progress, and see if you can make the leaderboard
The top-performers will have their name/blog displayed on the leaderboard.
Here are my 3 picks.
T – AT&T is one of the biggest telecommunication company in the world. AT&T is big in the wireless segment and is making plenty of money selling internet access to all the cell phones and smart devices coming online. This is a growing segment and AT&T is well positioned in the data service business. It might be tough for AT&T to grow much, but it’s a great dividend stock and it is one of the anchor in my dividend portfolio. The dividend yield is around 6%.
INTC – Intel is struggling to move into the smart phone/tablet market, but they are still dominating in the old computer/laptop segment. They are growing rapidly in emerging markets and that is where a large percentage of earning growth came from. Sure smart phones and tablets are great, but a laptop beats all those devices when you need to create content. In the domestic market for 2012, Intel is pushing Ultrabooks. If you have seen a Macbook air, you know what an Ultrabook looks like. The Ultrabook will push thin and light laptop prices down to an affordable level in a couple of years. I can’t wait. Intel is also paying great dividend @ 3.6%.
GOOG – Ahhh… I remember the day of Google’s IPO at $85 in 2004. My buddy, Al, picked up a few shares, but I thought it was too expensive. Google only got more expensive since. Here is my chance to virtually own Google, so I can’t pass it up. Google doesn’t pay any dividends currently.
What are your 3 picks for 2012? Head on over to Money Pros and sign up for the challenge. I think 2012 will be another tough year. The European debt crisis is still a black cloud and the US economy is still struggling to recover. The dividend stocks should do fine in this environment and is a safe bet.
Logistic: We’ll model the account after Sharebuilder and invest $1,000 in each stocks. Sharebuilder allows fractional shares so it will be easy to keep track of. All dividend will be reinvested in more shares.
Disclosure: This post is not a recommendation to invest in any of these stocks. Consult your financial adviser for investment advice. I own shares of AT&T and Intel.