Hot Stock Picks for Wednesday 10/20/10

Market Bouncing back from Yesterday's steep losses. Positive earning reports and Beige book numbers sent Bulls back to hunt for bargains.

Hot and Rare Stocks to Watch (Read commentary and analysis)

Rare Earths Rare Stocks

The two stocks under discussion here are pure speculative plays. Both are trading at 52WK highs, and have seen huge gains in the last few days.

SHZ – China Shen Zhou REE – Rare Elements

and there is one large company which is also benefiting from the rare earth phenomenon and its stock also trading at 52 WK highs.

MCP – MolyCorp.

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