Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Phil Falcone’s Top Stock Picks

HARBINGERPhil Falcone is the founder of Harbinger and LightSquared, the latter for which he has been in the news for lately after the company filed for bankruptcy. This quarter, his picks are heavy on the natural resources. Here are his portfolio moves during the first quarter:

Spectrum Brands (NYSE: SPB) is getting a head start to the year to its Home & Garden business line with earlier than expected warm weather. Retail inventories for lawn and garden supplies have already been increasing demand for re-orders in March. And with the Black Flag/TAT deal, Home & Garden should lead the way for a very strong year. However, management has reported that the small appliance business will face headwinds into 2013 as inflation in Asia compresses margins. The plan is to seek new suppliers in other markets while making changes to its typical promotional offerings. We think margin pressure here could potentially be offset by Global Batteries & Appliances segment performance, which has seen some decent traction. Moreover, Global Pet Supplies appearing to have bounced off of lows with the FURminator acquisition, we think this segment can start contributing to growth numbers. SPB will continue to be driven by product launches and tuck-in acquisitions, but we simply don’t see any meaningful catalysts ahead and prefer other companies in the consumer space.

Read the rest of the article here.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.