Promod Radhakrishnan

Six January Value Plays to Warm Your Portfolio

Duke: C, WB and most of the big ticket financials in fact DID bounce back from January beginning lows. There would definitely be some short-term profit taking, but some names like C are so cheap in terms of valuation that medium-long term upside risk is low.

My 2008 Investment Prognosis

KO, PG, JNJ, MO are all long-term bets over a 6-12 month period of sustained slowdown...its an old theory, where non-cyclicals do well in periods of down turns. GG might see intermittent spikes, but depending on your view on commodities over the next 2-3 quarters (I am bearish to neutral), it would correct. Eitherway, its going to be a very volatile ride for folks holding Newmont, Goldcorp etc.