Laslo Birinyi

FRANKFURT - The first reason to go long stocks in this bloodbath is because the media is all about sensationalism and sex. The Debt Ceiling TV drama was much ado about nothing. It was an excuse for talking heads to run around and scream that everything was going to end, the U.S. was going to...

Laslo Birinyi's top pick for 2011 is Hermes International. The Hermès Group, founded in 1837, designs, develops and markets high-quality products in more than fourteen departments

Laslo Birinyi is on CNBC and he is giving his picks for 2011. The stocks he mentioned are Cummins (NYSE: CMI), BP Prudhoe Bay Trust (NYSE: BPT), Ralph Lauren (NYSE: RL), and priceline.com (NASDAQ: PCLN). Birinyi is the president of Birinyi & Associates.

Laszlo Birinyi says his favorite stock pick is Goldman Sachs (NYSE: GS). Additionally, Birinyi said he favors the retail sector excluding Walmart (NYSE: WMT), which reports earnings on Thursday. Goldman Sachs has risen 109% this year while the S&P Retailing Index has spiked 44.34%. Birinyi says...