Stock pick and pans: GE, BA, SLB, AMZN, AAPL, VCS, CVX, CAT, ANF ...

Wall Street has just begun a shortened trading week following the President's Day holiday. With the surprise rebound in retail sales and the stimulus bill President Obama is reportedly about to sign today, could stock markets also stage a rebound from the previous week's declines?

So far, it doesn't seem likely, but if they do, you may want to consider some stock picks from BloggingStocks and around the Web:

General Electric (NYSE: GE) is a buy for four reasons: GE will participate in the coming economic recovery, institutional investors will then return into the stock, the stock is cheap and has a high yield. Even if the dividend is cut, the yield will remain decent, and "the capital gains potential from here is exceptional," says Mark Skousen.

The Boeing Company (NYSE: BA) is not a buy here, warns Joseph Lazzaro, as with all the delays of its 787 Dreamliner, the new airplane has been dubbed the '7-Late-7.' The company's fortunes will likely rest on developments on that front, and right now the prospects are not appealing.

Schlumberger (NYSE: SLB) clearly faces some near-term headwinds, but Elliott Gue thinks most of them are already priced in. "Longer term, Schlumberger is the technology leader in the oil services market and is well placed to benefit from the coming upturn."

Wall Street's Presidents' Day Sale
: Estee Lauder Cos. Inc. (NYSE: EL): Helping stressed Americans fight signs of aging. Netflix Inc. (NASDAQ: NFLX): Cocooning Americans put those home theaters to work. Inc. (NASDAQ: AMZN): Finding the way to profit in tough times. Apple Inc. (NASDAQ: AAPL): A core holding in any portfolio.

CVS (NYSE: CVS) is a classic defensive stock, says Joseph Lazzaro. While the retail environment looks challenging, CVS continues to have improved performance. Its compound annual growth rate over 10 years of 15% speaks for itself.

Chevron (NYSE: CVX), like most in its sector, have seen its shares beaten-down, but it owns ten refineries and two asphalt plants, and has interests in 12 international refineries, so it is well positioned to benefit when demand starts recovering and oil and gas prices increase, says Joseph Lazzaro.

Ten stocks to fall in love with again
: AT&T (NYSE: T) for its diversity and growth prospects, Caterpillar (NYSE: CAT) for the love it would get from the Obama's stimulus plan and IBM (NYSE: IBM) for its adaptability and capability to weather the economic storm. Check out the other seven, which of course includes Johnson & Johnson (NYSE: JNJ), Intel (NASDAQ: INTC), 3M (NYSE: MMM) and Proctor & Gamble (NYSE: PG).

Abercrombie & Fitch (NYSE: ANF) is probably the best managed specialty retailer of the pack, but Alex Salkever warns that shifts in teen consumption are probably going to be longer-term than the market realized, and ANF would get hurt.

Intel (NASDAQ: INTC), Nokia (NYSE: NOK) and Equinix (NASDAQ: EQIX) are 3 stocks from technology's bargain bin from CNNMoney's Fortune.

DeVry (NYSE: DV), Strayer Education (NASDAQ: STRA), Gilead Sciences (NASDAQ: GILD), ManTech International (NASDAQ: MANT) and Haemonetics (NYSE: HAE) are five top fast-growth stocks from These companies are projected to increase revenue and profit by at least 12% in the coming year.
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