Editor's Note:

In addition to tonight's new candidate, consider these stocks as possible trading ideas and watch list candidates:

(potential bullish candidates)

LNN, LMT, CELG, FDX, UTX, CBE, HCN


NEW DIRECTIONAL CALL PLAYS

Pall Corp. - PLL - close: 60.47 change: +0.79

Stop Loss: 58.25
Target(s): 64.75
Current Option Gain/Loss: Unopened
Time Frame: 3 to 6 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
PLL is an industrial goods company. Shares have been stair-stepping higher for months. The stock looks poised to take the next step up. PLL is consolidating under resistance near $60.75. I am suggesting readers buy calls when PLL hits $61.00. Our target is $64.75.

NOTE: PLL is due to trade ex-dividend on Feb. 3rd this week. Look for shares to gap open lower by about 21 cents on Friday.

FYI: The Point & Figure chart for PLL is bullish with an $83 target.

Trigger @ 61.00

- Suggested Positions -

buy the FEB $60 call (PLL1218B60)

- or -

buy the MAR $60 call (PLL1217C60)

Annotated Chart:

Entry on January xx at $ xx.xx
Earnings Date 03/12/12 (unconfirmed)
Average Daily Volume = 769 thousand
Listed on January 31, 2012