Even after losing more than half their value, NFP shares still look vulnerable. Using GAAP figures substantially trims the company's pro-forma earnings figures.

McDonald's is much stronger than it was in 2003, but its stock price already reflects that. It's likely to trade in tandem with the broad market until recession fears recede and there's more visibility on the java front. Not a particularly tasty prospect.

Barring a deep economic recession, shares of Perry Ellis and G-III are likely to rally this year, thanks to superior management, stronger finances and a healthy outlook for their brands.

Barring a deep economic recession, shares of Perry Ellis and G-III are likely to rally this year, thanks to superior management, stronger finances and a healthy outlook for their brands.

he rich price tag helps explain J. Crew's big short interest, which means shares can run up further on short covering. Sure, it is a well-run brand with strong growth. Investors also happily cough up a premium for the stewardship of CEO Mickey Drexler, who ran Gap (GPS) back when Gap was still interesting. But these are factored into the stock, with less heed paid to the unfolding consumer crunch that has already humbled retailers from Coach (COH) to Tiffany (TIF).

Opinions differ on which stock is most attractive. As of Friday, Al Frank's Buy list included UnitedHealth and Humana.

Opinions differ on which stock is most attractive. As of Friday, Al Frank's Buy list included UnitedHealth and Humana.

And while Goldman's Borsch had downgraded both WellPoint and the sector, he says the week's events had strengthened his conviction in Cigna, which has the least exposure to the price-sensitive and historically cyclical fully-insured commercial business.