Celebrate July 4th with three all-American stocks.
As America celebrates its birthday, what three all-American stocks should you buy for your portfolio?
Talking Numbers asked CNBC contributor Zachary Karabell, president of River Twice Research, to give three all-American stocks he thinks are red, white, blue, and green.
Here are his picks:
Karabell’s take: “It is about as all-American as you can get. It was founded by an American and a Russian immigrant, college students dreaming the dream of a new algorithm that would change the world. Lo and behold, it did. And, it’s one of the largest companies in the world. I don’t think anyone is unaware of Google’s presence. It continues to not only dominate the search market for advertising online, but it looks like it’s going to do the same as advertising makes its transition to mobile devices. With its Android operating system, it is unbelievably well-poised to take advantage of that whole mobile world which is already ubiquitous and is only going to become more so.
2. NICE Systems
Karabell’s take: “It’s not actually an American company and is a little more of a downer for the 4th of July. But, it’s appropriate to talk about it. [NICE Systems] is an Israeli, Tel Aviv-listed company. It does things like surveillance of digital telephones and communications. In a world that is increasingly concerned by the Snowdens and NSAs of the world, this kind of company is fortunately – or, unfortunately – doing good business. It’s a small-cap company. It’s only going to do better. And, as we know from the NSA, there’s nothing quite more American than spying on this 4th of July.”
[Comcast is the parent company of CNBC]
Karabell’s take: “Comcast has done so incredibly well in the past couple of years in the way its run its business, in the ad dollars, in consolidating cable fee revenue. It’s simply a well-run company that has been doing extraordinarily well and I imagine will continue to do so.”
Do the stock charts agree with Karabell? And, if so, which one is best?
Talking Numbers contributor Richard Ross, Global Technical Strategist at Auerbach Grayson, says, “Nothing is as quintessentially as speculation. And, nothing captures the heart of speculation like the stock chart.”
Which company does Ross like best? Watch the video above to see Ross analyze his favorite of Karabell’s three all-American stocks.
Please be sure to watch our guest host, Mandy Drury, on CNBC’s Street Signs, weekdays at 2:00pm Eastern Time.