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Current DateTime: 11:41:15 28 Nov 2009
LinksList Documentid: 30328029
Prep Your Portfolio For Next Week: Stock Pickers
Published: Friday, 23 Oct 2009 | 12:16 PM ET
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By: JeeYeon Park
CNBC News Associate

As investors look ahead to next week, Peter Andersen, portfolio manager at Congress Asset Management Company, and Robert Pavlik, chief market strategist at Banyan Partners, shared their best investment ideas.

“I think what you need to be doing is focusing in the early cyclicals going forward,” Pavlik told CNBC.

Pavlik’s Picks:

Cliff Natural [CLF  Loading...      ()   ]—“The company’s seeing increased demand,” said Pavlik. “We have a $45 price target on the stock, which represents about a 20 percent upside.”

Corning [GLW  Loading...      ()   ]—“The company recently suffered some disruption in Japanese manufacturing because of an earthquake,” he said.

“It took some supply off the market. So you’re seeing increased demand from computers, laptops and televisions, especially from China. We have a $25 price target on the stock, which represents about a 54 percent upside.”

Andersen’s Picks:

Crown Holdings [CCK  Loading...      ()   ]—"It could support about a 3 percent dividend yield, which is very appealing,” Andersen said. “This is the time to buy because it’s down 10 percent.”

Warner Chilcott [WCRX  Loading...      ()   ]—"It has just bought P&G’s [PG  Loading...      ()   ] pharmaceutical operations and we think it will probably close to double its earnings in the next two years,” he said. “It has considerable upside going forward.”

More Market Intelligence:

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CNBC Slideshows:

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Disclosures:

Pavlik has clients who own shares of CLF and GLW.

Anderson’s firm owns shares of CCK and WCRX.

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Disclaimer

© 2009 CNBC.com
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