Prep Your Portfolio For Next Week: Strategists

The Dow is on track for the worst May since 1962. Which stocks should you be buying and selling into next week? Wayne Kaufman, chief market analyst at John Thomas Financial, and Joe Gordon, founder and managing partner at Gordon Asset Management, shared their best plays.

“It’s a very dangerous market and still is, but I have two very aggressive trades for the very short-term based on the positive seasonality that we typically see after the holiday and some earnings,” Kaufman told CNBC.

Kaufman's Recommendations:

Joy Global —“They had a good earnings report last quarter and they had nice commentary after the report.”

Micron Tech —Kaufman noted that “Apple iPhones and iPad are eating up a lot of flash memory."

“Micron, as well as being a DRAM maker, makes flash memory and they had great earnings in the last two quarters.”

Gordon's Recommendations:

In the meantime, Gordon recommends the dividend-paying stocks.


Vodafone —“They’ve invested heavily in emerging markets,” he said of the firm. “We think it’s oversold and a good play to get some capital appreciation.”

Brookfield Asset Management —“They doubled their dividend in the last five years and they were on the winning team in the bid to bring General Growth out of bankruptcy and we think it’s a great hard asset play,” he explained. “They manage $20 billion in private equity, some great play on recovery and commercial real estate globally, especially in North America.”


Gordon dislikes Banco Santander .

Scorecard — What He Said:

  • Gordon's Previous Appearance on CNBC (Mar. 11, 2010)
  • Kaufman's Previous Appearance on CNBC (Apr. 23, 2010)

More Market Views:

Bear View:

  • Double-Dip Likely as Govts Print More Money: Strategist

CNBC Data Pages:

CNBC Slideshows:

  • Cramer's 12 Stocks to Play the Recovery



Neither Kaufman nor his firm own shares of JOYG or MU.

Gordon and his firm own shares of VOD and BAM.