I thought the stock looked undervalued at $144 after recovering from the 120’s. I know this isn’t the time for tech but with the success of the I-phone and the new MacBook pro, I figured the stock was only going up even through spring and summer as I think estimates will be beaten.

My speculate pick has seen the price drop from the 70’s to the 30’s and with the pending approval of a potentially great iron drug called Ferumoxytol, the stock can possibly soar in October when the FDA is set to approve this drug. The company is expecting great growth for next year and has a good looking balance sheet. This company is also very heavily shorted so any good news coming from Ferumoxytol could potentially cause a heck of a short squeeze.

Foster Wheeler has great fundamentals and the stock has really gone down significantly for no really good reason. I have bought in at an average price of around $60 and expect the price to hit the high 80’s within the year. This company has great exposure to all sorts of energy sub-sectors including natural gas and possibly even nuclear power plants. As energy companies become more diversified in what types of energy they provide, I expect them to need the services of Foster Wheeler more and more.

Persero is a telecom play in Indonesia. The company first caught my eye on Mad Money when Crammer really sold me on the idea that the potential growth in Indonesia regarding telecommunication is great and that a large percentage of the population is still not served. After watching the stock for several weeks, I finally got in at an average price of around $40 which I feel is a good value that can potentially get to 50 within the year.

Spirit AeroSystems caught my eye at $23.60 mainly because of bad news regarding the dream liner. I thought this was a great price to get in at and eventually when the dream liner is ready, the stock should recover very well into the 30’s. This company also benefits from servicing planes and with the recent FAA storm of inspections, I would expect Spirit to rake in much more cash then estimated.