Stocks to buy – CACC, LULU

Hello, after about a month the stock market seems to run with nice come back for the last few days.

I have a good recommendation for the stocks to buy at this point.

CACC ($46.75 -0.18 -0.38%) (Realtime: CACC ($92.58 7.30 +8.56% Live) ): Credit Acceptance Corp . With the expectation of better auto buying market this year, we can imagine the great possibility of the growth on this stock. The P/E is not even 10.  Click here to view the current detailed stock quote for CACC

Credit Acceptance Corporation (Credit Acceptance) is a provider of auto loans to consumers, using a nationwide network of automobile dealers who benefit from sales of vehicles to consumers who otherwise could not obtain financing; from repeat and referral sales generated by these same customers, and from sales to customers responding to advertisements for the Company’s product. The Company operates in two business segments: United States and Other. The United States segment is its dominant segment and primarily consists of the United States automobile financing business. The Other segment consists of businesses in liquidation, primarily represented by the discontinued United Kingdom automobile financing business. It has two programs: the Portfolio Program and the Purchase Program. Under the Portfolio Program, it advances money to Dealer-Partners (Dealer Loan) in exchange for the right to service the underlying Consumer Loan.

Also if you look at the chart , its price has been steadily increased during the last few month.

LULU ($45.58 1.23 +2.77%) (Realtime: LULU ($64.58 1.03 +1.62% Live) ):  Lululemon Athletica inc

This stock has been running higher and higher since last year. Their earnings report are just getting better every quarter.  Click here to view the current detailed stock quote for LULU.

lululemon athletica inc. is a designer and retailer of technical athletic apparel primarily in North America. Its yoga-inspired apparel is marketed under the lululemon athletica brand name. The Company offers a line of apparel and accessories, including fitness pants, shorts, tops and jackets designed for athletic pursuits, such as yoga, running and general fitness. As of January 31, 2010, its branded apparel was principally sold through 124 stores that are primarily located in Canada and the United States. As of January 31, 2010, its retail footprint included 45 stores in Canada, 70 stores in the United States and nine franchise stores in Australia.

The Company offers a line of performance apparel and accessories for both women and men. Its apparel assortment, including items such as fitness pants, shorts, tops and jackets, is designed for healthy lifestyle activities such as yoga, running and general fitness. The Company’s fitness-related accessories include an array of items, such as bags, socks, underwear, yoga mats, instructional yoga digital versatile discs (DVDs) and water bottles. The Company also sells lululemon athletica products through yoga studios, health clubs and fitness centers. As of January 31, 2010, it had one franchise store in Canada and four franchise stores in the United States.

The Company competes with Nike, Inc., adidas AG, Under Armour, Inc., Lucy Activewear Inc., The Gap, Inc. and bebe stores, inc.

News from reuter

http://www.reuters.com/article/idUKN1216591820100612?type=companyNews

Now I really feel terrible about the BP ($31.85 0.45 +1.43%) (Realtime: BP ($46.57 1.04 +2.28% Live) ) unable to block the oil flow. The last time I really thought that they could “TOP KILL” the oil flowing , but they couldn’t . That’s when another price drop occurred. The price has pretty much dropped to $30 level now where the price range was in the year of 1997. I personally still think this is a great buying opportunity. But many investors and stock analysts advise to avoid this stock. I also admit that this is highly volatile stock and not sure what’s going to happen soon, so I would not recommend you unless you can just close the eyes and go long with this one.