Top Picks for 2006
01/13/2006 12:00 am EST
Welcome to the start of our annual Top Picks report. Each January, for 23 years, I have asked a select group of the nation's leading advisors to select a favorite stock for the year ahead. This year, we are making some changes to make this report even more valuable. Let me explain ...
This week, and for the following two weeks, we will be sharing the reponses from the nation's leading advisors to our request for their favorite stocks for 2006. It is important to understand that this report is a snapshot in time. The participating advisors are making their selections based on their current assessment of a particular company within the current market environment. However, fundamentals change, and hence, a stock that is now a favorite buy can quickly become a strong sell, based on future events. As such, the stocks featured in this report should never be blindly bought and ignored for the balance of 2006.
I am also making one major change in the format used in this year's report. Historically, some advisors have viewed the report as a contest, and there is a tendency to "swing for the fences." But my goal in preparing this annual feature is not to just offer high-risk home runs but, more importantly, a long list of valuable singles and doubles that will insure that you win in the investment game.
Beginning with this year's report, I have asked the advisors to provide two top picks - one more conservative and one more speculative. By doing so, I hope this report will provide readers with a solid list of stocks with strong fundamental prospects for the year ahead to be considered for your core portfolio, while also offering an exciting list of favorite higher-risk, higher-reward opportunities that are specifically meant for your speculative dollars.
Finally, I'd like to mention that this special report and the weekly Money Show Digest is made available free to readers as a way to help expose you to the exceptional advisors who appear throughout the year at the Money Shows, and to encourage you to attend these investment conferences. Please join us at The World Money Show at the Gaylord Palms Resort, in Orlando, Florida, February 1-4. Registration, as always, is FREE.