DC Ticker on ABC News: Shuler, Buy; Rangel, Sell

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I’ve previously explained the DC Ticker I compile most days, which is now being featured weekly on ABC News’ website show, Political Punch, hosted by Jake Tapper. Here are the picks featured on the latest PP:

* Heath Shuler, buy—This House Democrat is challenging Nancy Pelosi to be the House Democratic leader but says he doesn’t expect to win. He probably does expect his TV bookings to increase.

* Charlie Rangel, sell—What’s the old saying about a lawyer who represents himself? Oh yeah, he has a fool for a client.

Kristi Noem, buy—She’s one of a hundred incoming House Republican freshmen, but she’s quickly standing out as a potential House leader. It doesn’t hurt that Politico named her one of the most “crushworthy” Hill newcomers.

* Bill Thomas, buy—This former House Republican used to be chair of the House Ways and Means Committee; now he works for a major lobbying and law firm. Thomas, in a way, represents all the Republican lawmakers-and-staffers-turned lobbyists-and-consultants who will make a mint peddling influence in the new Congress.

You can receive the almost-daily DC Ticker report by following my Twitter feed. (#DCticker is the Twitter hashtag.) Please feel free to argue with my selections—though all decisions of the judges are final. And please feel free to make suggestions for buy or sell orders in the comments below or on Twitter (by replying to @DavidCornDC). Don’t forget: DC Ticker is merely an advisory service. It and its author cannot be held liable for any investments made in politicians, policy wonks, or government officials on the basis of the information presented. Invest in politics at your own risk.

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Thank you!

We didn't know what to expect when we told you we needed to raise $400,000 before our fiscal year closed on June 30, and we're thrilled to report that our incredible community of readers contributed some $415,000 to help us keep charging as hard as we can during this crazy year.

You just sent an incredible message: that quality journalism doesn't have to answer to advertisers, billionaires, or hedge funds; that newsrooms can eke out an existence thanks primarily to the generosity of its readers. That's so powerful. Especially during what's been called a "media extinction event" when those looking to make a profit from the news pull back, the Mother Jones community steps in.

The months and years ahead won't be easy. Far from it. But there's no one we'd rather face the big challenges with than you, our committed and passionate readers, and our team of fearless reporters who show up every day.

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