Here are some items of interest in this weeks Barron’s:

The cover story is on the ticking time bomb that is the US budget. Forget all the problems about next week or next month, we are sitting on a budget time bomb that will destroy the economy in 25 years or so and yet no politician is even talking about it. This problem has been known since at least the early 1980s but here we are, getting closer and closer.

Paul Wick from Columbia Seligman is negative on FireEye (FEYE) and FleetMatics (FLTX). The valuations are too high. Daniel Khoshaba of KSA Capital Partners is a deep value investor and he likes OI, PNK and DAN.

We wrote about NOV on May 5 when it was $66.88. NOV closed on Friday at $78.01, up 16.64% since then. Vito Racanelli writes that the recently announced spinoff can be a catalyst for more gains.