It's almost Christmas and then New Year's and right into 2008. By 2010 we'll all be on a space odyssey to Jupiter talking to our robot friend HAL-9000 and exploring the new Planet Starbucks (since corporations will now be into deep space exploration).
But until that time, let's take a look at a few stocks that could bounce back in the coming week.
Let's get to some of the stocks that are under $10, right off the bat -- Rite Aid (RAD). Rite Aid Corp. wet the bed yesterday when they reported Q3 earnings. The stock is now trading just under $3 a share down from a 52-week high of $6.47. The Masters wrote about Rite Aid yesterday so for more details on their financial performance, here's the article - Rite Aid Corp. now selling for $3 a share
All RAD needs is a little love from Wall Street, one good article written by somebody important and this stock will jump 10% in a heartbeat. They've got over 3,000 stores, and even if we fall into a recession sooner than later, people need their drugs and prescriptions. Rite Aid will weather the storm.
Then there's Micron Technology (MU) this stock is just a paper weight that can't move. Now it's less than a Dime above it's 52-week low, trading around $7.50 a share. Micron got another thumbs down from Wall Street today, Robert W Baird reiterated their "outperform" rating on Micron while reducing their estimates for the 
company. The target price has been reduced from $17 to $13. Still $13 is a huge leap from where shares currently stand, and for a 1 year estimate, the stock could jump 50 cents before the HAL-9000 or better yet the AWESOM-O 4000 makes your latte or inserts your suppository.
Executives at Micron Technology Inc. (MU) said Thursday they are looking at partnership opportunities for their DRAM memory business, where a difficult environment of rapid price declines is rattling the market.
Micron thinks a partnership could be particularly beneficial in allowing it to share development costs with any partners, although it would also expect benefits in manufacturing capacity. Demand for DRAM and NAND memory products are strong, driven by the PC and mobile-phone markets. And sharply higher unit shipments enabled Micron to achieve 7% revenue growth from the fourth quarter. However, a supply glut has pushed prices down precipitously, leading Micron to post losses. Come on Micron, let's get a bounce before Butters needs another suppository.
Washington Mutual (WM) has made a mess of their company and now shares are trading in the high $13 range. Thanks to their greed and subprime lending, their chance to ever get back to their 52-week high of $46 a share will take them at least 10 years but I'm betting they get bought out before then. Everyone hates WaMu and with the SEC investigating how they handled and reported on mortgage loans which may have been based on inflated home appraisals is yet another nail in the coffin. I dare you to try a positive article written on WaMu these days, there's isn't one. 
Countrywide (CFC) is worse than WaMu, but these stocks will bounce on any good news. The Masters will roll the dice on WM before CFC, corporate greed and karma made a great Christmas present for their employees.
Then you've got some riskier bets but I still like em:
Ruth's Chris Steak House, Inc. (RUTH) now at $9 a share, they are going to be hurting for a long time but with the stock so low it could jump 25 cents in the next month or so.
The Finish Line, Inc. (FINL) at $2.84, for lack of a better term, this company sucks, but I like the odds under $3.
But how about some safer bets? That would be Eddie Lampert and Sears Holdings Corp. (SHLD) now at $100 a share, sounds pricey but it's not, you get what you pay for.
My favorite stock right now is VASCO Data Security Intl, Inc. (VDSI), I can't say enough good things about that company. With shares trading at $25 despite their 25% rally since hitting rock bottom in the last month, it's still a great buy. We've been pimping VDSI since it's big fall in Oct. - Nov. here an article we wrote last month: VASCO Data Security (VDSI) and the 50% Drop
Happy trading out there and take your gains when you have them, a recession is coming. Even the HAL-9000 can't stop the American economy from sinking. Turns out at theStockMasters HQ we have a HAL-9000 still running on our C64. Our intern Dave asked HAL if he could tell us what Americans could do to prevent falling into a recession. HAL's answer was the following:
"I'm Sorry, Dave. I'm Afraid I Can't Do That."
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Article by Mark Cheshier
Contributor at TheStockMasters.com
Disclaimer: The Author does not hold any positions or shares in the securities mentioned in this publication.
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