Stocks I'm Watching

IPL - Incitec Pivot Limited
This company fell during the recent downturn from a height of almost $9 to a lot of under $2. It appears to be slowly recovering now, and has the potential to multiply any investments by 3 or 4 times (assuming it can return to its former glory.)

WES - Wesfarmers
Another company starting to recover from the recent downturn. I think this company has potential. They own Coles whos main rival in the supermarket area is Woolworths. Coles is a far better company that Woolworths, so I expect them to be quite successful and in turn make Wesfarmers some nice profit.