Updating Our Aggressive Stocks Nvidia Corp., Washington Mutual Inc. and Molson Coors Brewing Co.

Article Excerpt

NVIDIA CORP. $20 should gain from Advanced Micro Devices’ merger with Nvidia’s chief rival, ATI Technologies. AMD feels that integrating ATI’s video chips with its processors will help it compete with industry leader Intel. However, most video card buyers prefer to install this equipment separately. In addition, Intel will now replace the chips it now buys from ATI with Nvidia products. We now see Nvidia as a buy. WASHINGTON MUTUAL INC. $46 plans to sell some of its mortgage servicing business, which mails statements to borrowers and collects payments. That should let it focus on more profitable businesses, like credit cards, and cut its reliance on the mortgage industry. Best Buy. MOLSON COORS BREWING CO. $71 has gained 10% in the past two months. Recent heat waves in much of the United States should spur strong demand for beer. The higher sales should more than offset rising aluminum can costs. Buy. Buy…