The following video is part of our “Motley Fool Conversations” series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
For John and David’s real-money, 10-Bagger portfolio, they see Denbury Resources, InvenSense, and LinkedIn as the three best buys right now.
Denbury Resources continues to increase oil production. It doesn’t carry the burden of natural gas production like Chesapeake Energy and is pricing in $60-$65 oil. That’s unlikely to happen soon, which makes the shares attractive today. InvenSense sees lots of growth ahead of it. It’s putting motion sensors in smarthphones, tablets, and now screwdrivers. Shares have pulled back recently, making it a good time to buy. LinkedIn has put up some monster numbers. The professional networking company has a strong business model that will get stronger as more people join the network. It’s worth picking up a few shares today. And as a bonus, investors may want to take a look at EnerNOC (NASDAQ:ENOC). The demand response company for electrical utilities seems to have put a squabble with its largest customer behind it, paving the way for future growth.
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David Meier owns shares of InvenSense. John Reeves has no positions in the stocks mentioned above. The Motley Fool owns shares of Denbury Resources, EnerNOC, InvenSense, and LinkedIn and has the following options: long JAN 2013 $16.00 calls on Chesapeake Energy, long JAN 2013 $25.00 calls on Chesapeake Energy, long JAN 2014 $20.00 calls on Chesapeake Energy, and long JAN 2014 $30.00 calls on Chesapeake Energy. Motley Fool newsletter services recommend EnerNOC and LinkedIn. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.