My pick for 4Q 2009 is Dell (Nadaq:DELL). We all know who and what Dell is so I'll spare you the full background. My reason for the pick is a mixture of a holiday gift play, and a play on the economic recovery in 2010. With the affordability of computers and with Dell's brand name, I think there will be solid sales in 2009's holiday season that will be realized when they announce their results in January. While some may be skeptical of that, there is another reason to buy into Dell - that being their A-List of corporate clients and businesses that stand by the Dell brand for their companies. There will be a natural increase in corporate purchasing when hiring picks up in 2010, and companies will stay loyal to Dell because if you have 1000 employees using Dell laptops, you aren't going to switch the next 500 over to another brand.
Dell is now trading around the mid $14's. It is a profitable company with the best management in the industry - headed by its founder Michael Dell. and has nearly $10B cash on hand. They are currently making strategic acquisitions to broaden their portfolio of services. This is a safe tech/retail play, and with all the buzz surrounding windows 7, this seems like a good time to own some Dell!
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