Monday, May 7, 2007

Stocks to keep an eye out for... (Motorola, Infosys)

Motorola (MOT) looks like a good buy right now ... this stock has dropeed over 30% in price from a high of $26.30 from October last year. A major factor on where this stock goes will be today's election of Carl Icahn the billionaire who has a stake of 2.9%. Speculations are that if he doenst win then Motorola's price could be fall to as low as $13. If that does happen, that presents a great buying opportunity.

Another stock that I am tracking at the moment is Infosys (INFY). The outlook looks good for the rest of the year, they just posted a revenue surge of 70% and most importantly, this company has a solid management. I am tracking this stock to find a good time to buy it.

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