Jack Hough, SmartMoney Magazine analyst/reporter, recommended the following stocks:

1. Seagate (STX: 17.94, -0.87, -4.62%).

a Seagate Technology engages in the design, manufacture, and marketing of disc drives for enterprise, desktop, mobile computing, consumer electronics, and branded solutions markets of the disc drive industry.

b. It had three times Western Digital’s market value when he recommended the company in 2005.

c. In the past six months alone, Western Digital has gained 21% while Seagate has fallen 23%. Some of that is deserved, but regardless, Seagate is starting to look cheap.

c. The company is now valued at $8.7 billion. That’s just 19% more than Western Digital’s market cap, even though Seagate will likely produce 60% more sales this year.

2. Vimpel Communications

a. Russian cellphone service provider.

b. After years of searing growth and heady stock gains, it has slowed but not stalled, and now fetches a price/earnings ratio not much higher than those of stodgy American carriers.

Track Jack Hough’s picks at:

http://www.trackthepros.com/categories.php?category_id=133