Faisal Laljee

10 Stocks That Should Shine In The Next 12 Months

I don't like all consumer related issues. I expect the mid-to-high end consumer to keep spending. Therefore CAKE, SKS and GRMN will do well. Additionally niche stocks will do well too - again GRMN and GME come to mind. Overall, there is still some mortgage turmoil to come and housing will probably come down some more, which will end up hurting highly leveraged prime and sub-prime borrowers. I really don't believe that oil prices and gas prices at the pump will affect consumer spending unless higher than current levels are maintained over longer periods. In other words, $4 per gallon of gas consistently over 6 months amidst stagnant wage growth and I am worried.