Jon Najarian Stock Picks (ADC, GE, JPM, BEXP)

In an interview on the Benzinga Podcast, Jon Najarian offered listeners several stock plays for the next 12 months. "I like a lot of energy stocks down here, quite frankly. The baby has been thrown out with the bath water in the energy sector," Jon said. "If you look at Anadarko Petroleum APC, for example, the stock was at $72 before the Gulf oil spill. You were able to buy it last week for around $33." Andarko Petroleum is currently trading at $42.70, as of 1:45PM today. However, he urged investors to focus on land drilling names like Brigham BEXP. "I think that Brigham BEXP would be a good one to get into for the long term, because it is a land driller, and could potentially appreciate rapidly," he said. Jon also sounded a positive note on a few financial stocks, saying, "I think that the more the financial markets stabilize the better it is going to be for J.P. Morgan JPM. So, J.P. Morgan JPM would be another one. Or if I took a derivative off of that, a stock that most people don't think of as a financial, General Electric GE will benefit from the same trends. At $15 and change, I think GE is too cheap. As the world financial picture clears a little bit, General Electric GE, which is really a finance company, should do extremely well." Jon also strongly cautioned investors on a tech behemoth. Find out what stock to avoid by checking out Benzinga's exclusive interview with Jon Najarian. Be sure to look into Jon's upcoming conference, Invest Like A Monster.