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Current DateTime: 04:37:15 16 Nov 2009
LinksList Documentid: 30328029

CNBC Stock Blog

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Jun.30
11:05 AM ET
Monday, 30 Jun 2008
Four Stocks to Watch This Week
Posted By:CNBC.com

Jon Hilsenrath, money and investing news editor at The Wall Street Journal, offered CNBC his "4 for 4": the four stocks he says investors must watch on this shortened business week.

General Motors [GM  Loading...      ()   ]: "This could be the week that Toyota [TM  Loading...      ()   ] passes GM" in U.S. sales, Hilsenrath said. GM stock on Monday hit its lowest point since 1954.

Bank of America [BAC  Loading...      ()   ]: "This week, the Countrywide deal happens. ...It's up to [Bank of America CEO] Ken Lewis" to make the acquisition pay off for BoA.

Coca-Cola [KO  Loading...      ()   ]: The beverage maker "gets a new CEO" on Tuesday, with Muhtar Kent replacing E. Neville Isdell. Hilsenrath says that the Coke board has enormous faith in Kent -- and notes that 80 percent of Coke's sales are outside the U.S.

Constellation Brands [STZ  Loading...      ()   ]: Hilsenrath says the alcoholic-beverage maker, which reports its earnings this week, is actually "interesting beyond earnings" -- "particularly in light of Anheuser-Busch" and other consolidation stories in the industry.

Disclosures:

Hilsenrath's "4 for 4" are not intended as investment recommendations. No disclosure information was available for Hilsenrath.

Disclaimer

© 2009 CNBC.com

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