I have mentioned these two stocks before and if you bought and sold them in the past, there is good chance you made some money.

NBR, Nabors industry a land based driller has taken a dramatic fall in the past few months.  I recommended it at $28 last October and it rallied all the way to $50.  It is my belief that the next administration whether it is Obama or McCain we are going to be drilling on land a lot more in the United States and Nabors Industry is the best positioned company to meet that growing demand.  I like NBR at $33, it might get cheaper, but not much.



Cree, Inc (CREE) is a Christmas play.  Yes, someone said that the retailers are going to be putting up the Christmas decorations to see if that will break the US consumer out of the consumption slump. 

I have the LED Christmas lights and just love them.  You cannot imagine how much cheaper and easier to use than conventional Christmas lights.  LED lights are the future and Cree, Inc. is the market leader.

I do not think you will be able to get below $20 again, but the price is attractive here $21.50