Top 8 Stocks for January

Top Stock #6: MEMC Electronic Materials (WFR)

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MEMC Electronic Materials (WFR), a designer and manufacturer of silicon
wafers for the semiconductor industry, looks as though it may have bottomed. This stock is the most speculative on my list of top picks for January,
but it could also provide the highest reward if its major double-bottom chart
pattern holds.

WFR recently issued a buy signal from the stochastic and jumped through both the 20- and 50-day moving averages — both very strong indications
that the stock is headed higher.

The stock is rated a “five-star strong buy” by S&P with a target of $17. My trading target is $17.50, but a longer-term target could be as high
at $40.

Next: Top Stock #7