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Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: M|Markets|JWN|GPS|PVH|COST|CHS|HD|WWW|URBN|KSS|DECK|SBH|TJX|RL
Title: Retail Stock Upgrades, Downgrades (M, KSS, HD, JWN, URBN, RL, GPS)
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-05-10 11:35:00
Article: Stock upgrades and stock downgrades in the retail sector indicate and improving sales environment, according to investment adviser Louis Navellier. The renowned growth stock investor has upgraded 18 major retailers this week including **Macy's Inc.** (NYSE: [M](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=M&selected=M) ), **Kohl's Corp.** (NYSE: [KSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KSS&selected=KSS) ), **The Home Depot Inc.** (NYSE: [HD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HD&selected=HD) ), **Nordstrom Inc** . (NYSE: [JWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JWN&selected=JWN) ), **Urban Outfitters Inc.** (NASDAQ: [URBN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=URBN&selected=URBN) ) and **Polo Ralph Lauren Corp.** (NYSE: [RL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RL&selected=RL) ) in his proprietary database of about 5,000 leading publicly traded stocks. Navellier downgraded only two retail stocks this week, **Gap Inc.** (NYSE: [GPS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GPS&selected=GPS) ) and **Luxottica Group SpA** (NYSE: [LUX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LUX&selected=LUX) ). **Macy's Inc.** (NYSE: [M](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=M&selected=M) ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week in Louis Navellier's Portfolio Grader stock ranking database. Recent sales for M stock show that the combined March/April period increased 6.1%. Discount department store owner **Kohl's Corp.** (NYSE: [KSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KSS&selected=KSS) ) boosted its first-quarter outlook last week as revenue climbs faster than expected. As a result, KSS stock was upgraded from a C grade or "Hold" this week from a D grade or "Sell" in last week's Portfolio Grader rankings.Dow Jones Industrial Average component **The Home Depot Inc.** (NYSE: [HD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HD&selected=HD) ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week. HD stock announced last week that it is creating more than 300 jobs with the opening of a new distribution center in Ohio.Last week, **Nordstrom Inc** . (NYSE: [JWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JWN&selected=JWN) ), reported a 7.5 percent increase in same-store sales for the four-week period ended May 1, 2010 compared with the four-week period ended May 2, 2009. Those strong sales for JWN stock resulted in an upgrade from Louis Navellier, from a C grade or "Hold" last week to a B grade or "Buy" this week. ******Urban Outfitters Inc.** (NASDAQ: [URBN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=URBN&selected=URBN) ) was upgraded from a B grade last week to Portfolio Grader's highest ranking of an A or "strong buy" this week. That's because last week URBN stock reported first quarter earnings that included an 11% jump in revenue.Here's a complete list of this week's Portfolio Grader [stock upgrades and stock downgrades](http://www.investorplace.com/experts/louis_navellier/articles/stock-upgrade-downgrade-macys-m-kohls-kss-home-depot-hd-jwn-urbn-rl-gps-lux-deck-josb-sks-cost-ltd-tjx.html) for the week of May 10, 2010: According to a [retail sales](http://www.investorplace.com/experts/paul_ausick/articles/retail-sales-april-costco-cost-target-tgt-ltd-tjx-kss-sks-jwn-aro-gps-anf.html) report last week, wet weather in April combined with an earlier Easter and one less shopping day conspired to reduce sales for the month for most retailers. However, some major retailers still projected a profitable quarter as they have been able to stem discounting and work through inventories. Among the April retail sales winners were **Costco Wholesale Corp.** (NASDAQ: [COST](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=COST&selected=COST) ), **Limited Brands Inc.** (NYSE: [LTD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LTD&selected=LTD) ) and **The **TJX Companies Inc. **** (NYSE: [TJX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TJX&selected=TJX) ).About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public, and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108) . ******More Portfolio Grader stock analysis:** - 5/3 [Media Stock Upgrades, Downgrades - SIRI, SNI, TWX, TV, CVC, BSY, IPG, MORN](http://www.investorplace.com/experts/louis_navellier/articles/siri-sirius-xm-twx-time-warner-cvc-cjr-gsol-tv-jrn-lamr-meg-sni-ascma-bsy-ipg-morn-wppgy-stock-upgrade-downgrade.html) - 4/26: [Goldman Sparks Financial Stock Upgrades, Downgrades - BAC, BAM, WFC, UBS, CS, GS](http://www.investorplace.com/experts/louis_navellier/articles/stock-upgrade-downgrade-are-ab-bac-bam-nyb-amtd-zion-amp-cs-gs-hcbk-mtu-ntrs-trow-ubs-wfc.html) - [12 Hi-Tech Penny Stocks to Buy - LSCC, LTXC, TSEM, MTSN, CNXT, ACLS](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-semiconductor-lscc-ltxc-tsem-mtsn-cnxt-acls-vimc-ikan-mosy-fsii-pdfs-axti.html) - 4/19 small cap stock upgrades: [ALTR, HCBK, GOLD, WAT, PRE, MXIM (click for complete list of stocks to buy)](http://www.investorplace.com/experts/louis_navellier/articles/small-cap-stocks-upgrades-altr-hcbk-gold-wat-pre-mxim.html) - 4/19 large cap stock upgrades: [BA, BP, CS (click for complete list of stocks to buy)](http://www.investorplace.com/experts/louis_navellier/articles/stock-upgrades-bp-boeing-ba-credit-suisse-earnings.html)
Stock Price 4 days before: 19.7637
Stock Price 2 days before: 18.395
Stock Price 1 day before: 19.2133
Stock Price at release: 19.68
Risk-Free Rate at release: 0.0013
| 17.9465 |
Symbol: SBH
Security: Sally Beauty Holdings, Inc.
Related Stocks/Topics: M|Markets|JWN|GPS|PVH|COST|CHS|HD|WWW|URBN|KSS|DECK|TJX|RL|B
Title: Retail Stock Upgrades, Downgrades (M, KSS, HD, JWN, URBN, RL, GPS)
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-05-10 11:35:00
Article: Stock upgrades and stock downgrades in the retail sector indicate and improving sales environment, according to investment adviser Louis Navellier. The renowned growth stock investor has upgraded 18 major retailers this week including **Macy's Inc.** (NYSE: [M](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=M&selected=M) ), **Kohl's Corp.** (NYSE: [KSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KSS&selected=KSS) ), **The Home Depot Inc.** (NYSE: [HD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HD&selected=HD) ), **Nordstrom Inc** . (NYSE: [JWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JWN&selected=JWN) ), **Urban Outfitters Inc.** (NASDAQ: [URBN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=URBN&selected=URBN) ) and **Polo Ralph Lauren Corp.** (NYSE: [RL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RL&selected=RL) ) in his proprietary database of about 5,000 leading publicly traded stocks. Navellier downgraded only two retail stocks this week, **Gap Inc.** (NYSE: [GPS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GPS&selected=GPS) ) and **Luxottica Group SpA** (NYSE: [LUX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LUX&selected=LUX) ). **Macy's Inc.** (NYSE: [M](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=M&selected=M) ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week in Louis Navellier's Portfolio Grader stock ranking database. Recent sales for M stock show that the combined March/April period increased 6.1%. Discount department store owner **Kohl's Corp.** (NYSE: [KSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KSS&selected=KSS) ) boosted its first-quarter outlook last week as revenue climbs faster than expected. As a result, KSS stock was upgraded from a C grade or "Hold" this week from a D grade or "Sell" in last week's Portfolio Grader rankings.Dow Jones Industrial Average component **The Home Depot Inc.** (NYSE: [HD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HD&selected=HD) ) was upgraded from a C grade or "Hold" last week to a B grade or "Buy" this week. HD stock announced last week that it is creating more than 300 jobs with the opening of a new distribution center in Ohio.Last week, **Nordstrom Inc** . (NYSE: [JWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JWN&selected=JWN) ), reported a 7.5 percent increase in same-store sales for the four-week period ended May 1, 2010 compared with the four-week period ended May 2, 2009. Those strong sales for JWN stock resulted in an upgrade from Louis Navellier, from a C grade or "Hold" last week to a B grade or "Buy" this week. ******Urban Outfitters Inc.** (NASDAQ: [URBN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=URBN&selected=URBN) ) was upgraded from a B grade last week to Portfolio Grader's highest ranking of an A or "strong buy" this week. That's because last week URBN stock reported first quarter earnings that included an 11% jump in revenue.Here's a complete list of this week's Portfolio Grader [stock upgrades and stock downgrades](http://www.investorplace.com/experts/louis_navellier/articles/stock-upgrade-downgrade-macys-m-kohls-kss-home-depot-hd-jwn-urbn-rl-gps-lux-deck-josb-sks-cost-ltd-tjx.html) for the week of May 10, 2010: According to a [retail sales](http://www.investorplace.com/experts/paul_ausick/articles/retail-sales-april-costco-cost-target-tgt-ltd-tjx-kss-sks-jwn-aro-gps-anf.html) report last week, wet weather in April combined with an earlier Easter and one less shopping day conspired to reduce sales for the month for most retailers. However, some major retailers still projected a profitable quarter as they have been able to stem discounting and work through inventories. Among the April retail sales winners were **Costco Wholesale Corp.** (NASDAQ: [COST](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=COST&selected=COST) ), **Limited Brands Inc.** (NYSE: [LTD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LTD&selected=LTD) ) and **The **TJX Companies Inc. **** (NYSE: [TJX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TJX&selected=TJX) ).About Portfolio Grader: Every Sunday, renowned growth stock adviser Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public, and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108) . ******More Portfolio Grader stock analysis:** - 5/3 [Media Stock Upgrades, Downgrades - SIRI, SNI, TWX, TV, CVC, BSY, IPG, MORN](http://www.investorplace.com/experts/louis_navellier/articles/siri-sirius-xm-twx-time-warner-cvc-cjr-gsol-tv-jrn-lamr-meg-sni-ascma-bsy-ipg-morn-wppgy-stock-upgrade-downgrade.html) - 4/26: [Goldman Sparks Financial Stock Upgrades, Downgrades - BAC, BAM, WFC, UBS, CS, GS](http://www.investorplace.com/experts/louis_navellier/articles/stock-upgrade-downgrade-are-ab-bac-bam-nyb-amtd-zion-amp-cs-gs-hcbk-mtu-ntrs-trow-ubs-wfc.html) - [12 Hi-Tech Penny Stocks to Buy - LSCC, LTXC, TSEM, MTSN, CNXT, ACLS](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-semiconductor-lscc-ltxc-tsem-mtsn-cnxt-acls-vimc-ikan-mosy-fsii-pdfs-axti.html) - 4/19 small cap stock upgrades: [ALTR, HCBK, GOLD, WAT, PRE, MXIM (click for complete list of stocks to buy)](http://www.investorplace.com/experts/louis_navellier/articles/small-cap-stocks-upgrades-altr-hcbk-gold-wat-pre-mxim.html) - 4/19 large cap stock upgrades: [BA, BP, CS (click for complete list of stocks to buy)](http://www.investorplace.com/experts/louis_navellier/articles/stock-upgrades-bp-boeing-ba-credit-suisse-earnings.html)
Stock Price 4 days before: 9.37
Stock Price 2 days before: 8.95049
Stock Price 1 day before: 9.41405
Stock Price at release: 9.45516
Risk-Free Rate at release: 0.0013
| 7.87337 |
Symbol: FORTY
Security: Formula Systems (1985) Ltd.
Related Stocks/Topics: IT|Markets|SPNS
Title: A New Breed: A High-Tech Stock With a High Yield
Type: News
Publication: Tom Hutchinson
Publication Author: Unknown
Date: 2010-05-11 06:49:00
Article: Israel, believe it or not, is a blossoming emerging market. That's because the country has an obsession with technology. You could argue that Israel is more focused on technology than any other emerging market in the world.On a per capita basis, the country has the highest number of scientists and technicians, the highest percentage of home computers and the among the highest technology research and development spending in the world. **Microsoft (Nasdaq: MSFT)** and **Cisco (Nasdaq: CSCO)** have both built their only R&D facilities outside the United States, in Israel. While technological innovation has grown strong roots in this corner of the world, the Israeli market is also spawning a new breed of technology stocks with the nirvana combination of high growth and high dividends. Income investors can have their cake and eat it too. **Formula Systems (1985) Ltd. (Nasdaq: FORTY)** is a prime example. The Israel-based global information technology ([IT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IT&selected=IT)) ) company has been resilient through the soft global economy because it offers software and technology that lower costs and make businesses more efficient.The company serves customers in more than 50 countries and operates through three main subsidiaries: **Magic Software (Nasdaq: NGIC)** has more than 25 years of experience developing and selling software for businesses, Matrix provides IT solutions and services to companies throughout Israel, and **Sapiens International (Nasdaq: SPNS)** provides IT and software that reduces complexity and extends the life of older computer systems.Formula has been able to consistently grow revenue by expanding its customer base all over the world and always looking for accretive acquisitions. The most recent acquisition was TACT Computers and Systems, a company founded by a group of Israeli Air Force and intelligence officers providing specialized software for the aircraft and automotive industries.Formula has seen its revenue climb +78% from 2004 through 2008. Even in the global recession of 2009, revenue was roughly in line with 2008, falling only about -7%, to $469 million. Most of that decline was attributable to currency fluctuation as the shekel devalued against the dollar. However, aggressive cost cutting measures have made the company leaner and meaner, and net income attributable to shareholders soared +61% from 2008 to $19.1 million. The market weighed in on all of this with a thumbs-up. The +114%-plus surge the stock has posted in the past year blows away most of its peers, as the tech-laden NASDAQ is only up about +24% during the same period. Despite the surge, shares still sell at less than 12 times 2009 earnings.The company has a great balance sheet and is in a strong position to expand. As of Dec. 31 last year, total debt ($69 million) was less than a quarter of shareholder equity ($295 million), and the company had a whopping $100 million in cash.The best part about Formula's stock is the fat dividend. The company pays dividends once a year, but it makes it count. The 2010 dividend, paid May 4th, was $1.47, which translates to about 12.5% at current prices.Dividend payments vary because the company has a policy of paying out sums "not planned to be used for investments in the near future." However, even with no dividend in 2007, the average annual payment has averaged $1.65 during the last six years. Also important to remember: Israel has a 25% withholding tax on dividends, which can be offset against other taxes and retrieved when you file taxes in the United States. Dividend payments are converted to U.S. dollars from Israeli Shekels, so there is some currency risk involved.Going forward, the company said it will continue to focus on cost cuts as well as mergers and acquisitions in 2010. Formula's money saving technologies have made it resilient during the recession, but an improving economy is even better for earnings as companies invest more in technology infrastructure. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Tom Hutchinson Contributor StreetAuthority [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Tom Hutchinson does not own shares of any security mentioned in this article.Tom HutchinsonContributorStreetAuthorityDisclosure: Tom Hutchinson does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0015
| 0 |
Symbol: SPNS
Security: Sapiens International Corporation N.V.
Related Stocks/Topics: IT|Markets|FORTY
Title: A New Breed: A High-Tech Stock With a High Yield
Type: News
Publication: Tom Hutchinson
Publication Author: Unknown
Date: 2010-05-11 06:49:00
Article: Israel, believe it or not, is a blossoming emerging market. That's because the country has an obsession with technology. You could argue that Israel is more focused on technology than any other emerging market in the world.On a per capita basis, the country has the highest number of scientists and technicians, the highest percentage of home computers and the among the highest technology research and development spending in the world. **Microsoft (Nasdaq: MSFT)** and **Cisco (Nasdaq: CSCO)** have both built their only R&D facilities outside the United States, in Israel. While technological innovation has grown strong roots in this corner of the world, the Israeli market is also spawning a new breed of technology stocks with the nirvana combination of high growth and high dividends. Income investors can have their cake and eat it too. **Formula Systems (1985) Ltd. (Nasdaq: FORTY)** is a prime example. The Israel-based global information technology ([IT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IT&selected=IT)) ) company has been resilient through the soft global economy because it offers software and technology that lower costs and make businesses more efficient.The company serves customers in more than 50 countries and operates through three main subsidiaries: **Magic Software (Nasdaq: NGIC)** has more than 25 years of experience developing and selling software for businesses, Matrix provides IT solutions and services to companies throughout Israel, and **Sapiens International (Nasdaq: SPNS)** provides IT and software that reduces complexity and extends the life of older computer systems.Formula has been able to consistently grow revenue by expanding its customer base all over the world and always looking for accretive acquisitions. The most recent acquisition was TACT Computers and Systems, a company founded by a group of Israeli Air Force and intelligence officers providing specialized software for the aircraft and automotive industries.Formula has seen its revenue climb +78% from 2004 through 2008. Even in the global recession of 2009, revenue was roughly in line with 2008, falling only about -7%, to $469 million. Most of that decline was attributable to currency fluctuation as the shekel devalued against the dollar. However, aggressive cost cutting measures have made the company leaner and meaner, and net income attributable to shareholders soared +61% from 2008 to $19.1 million. The market weighed in on all of this with a thumbs-up. The +114%-plus surge the stock has posted in the past year blows away most of its peers, as the tech-laden NASDAQ is only up about +24% during the same period. Despite the surge, shares still sell at less than 12 times 2009 earnings.The company has a great balance sheet and is in a strong position to expand. As of Dec. 31 last year, total debt ($69 million) was less than a quarter of shareholder equity ($295 million), and the company had a whopping $100 million in cash.The best part about Formula's stock is the fat dividend. The company pays dividends once a year, but it makes it count. The 2010 dividend, paid May 4th, was $1.47, which translates to about 12.5% at current prices.Dividend payments vary because the company has a policy of paying out sums "not planned to be used for investments in the near future." However, even with no dividend in 2007, the average annual payment has averaged $1.65 during the last six years. Also important to remember: Israel has a 25% withholding tax on dividends, which can be offset against other taxes and retrieved when you file taxes in the United States. Dividend payments are converted to U.S. dollars from Israeli Shekels, so there is some currency risk involved.Going forward, the company said it will continue to focus on cost cuts as well as mergers and acquisitions in 2010. Formula's money saving technologies have made it resilient during the recession, but an improving economy is even better for earnings as companies invest more in technology infrastructure. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Tom Hutchinson Contributor StreetAuthority [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Tom Hutchinson does not own shares of any security mentioned in this article.Tom HutchinsonContributorStreetAuthorityDisclosure: Tom Hutchinson does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 2.0684
Stock Price 2 days before: 2.07025
Stock Price 1 day before: 2.07025
Stock Price at release: 2.07965
Risk-Free Rate at release: 0.0015
| 2.70885 |
Symbol: TGB
Security: Taseko Mines Limited
Related Stocks/Topics: Markets|FNV
Title: Gold Falls But Investors Remain Bullish as Safe Haven Allure Persists
Type: News
Publication: MTNewswires
Publication Author: Unknown
Date: 2010-05-13 08:17:00
Article: Gold is falling in morning trade Thursday as investors take a breather from shoring up the yellow metal, but many traders see it trending upwards in the longer term as worries about the euro zone in particular persist. The European Central Bank's decision Thursday to buy euro zone government bonds has weighed down on gold, as it would reduce the possibility of debt default in the region.Nevertheless, fundamental concerns about the contagion effect of Greece's debt crisis have continued despite the $1 trillion bailout package from the European Union and the International Monetary Fund over the weekend. That in turn has bolstered gold as a safe haven, which hit a record high Wednesday. At 0815 ET, gold is 0.8% lower at $1,233.30 an ounce, while silver is 1.1% weaker at $19.45 an ounce, and copper is up 0.1% at $318.05 a pound.JP Morgan analyst John Bridges for one remains bullish about the yellow metal's longer-term prospects, pointing out worries about the euro zone and the greenback's rising trend pointing to steady demand for gold. Analysts are recommending buying up "gold and gold-related stocks as insurance since...they believe that (gold) could feasibly go far higher," Bridges stated in a report.Tangible gold is popular too, according to Abu Dhanbi's Emirates Palace Hotel. The United Arab Emirates hotel Thursday installed an ATM machine that dispenses gold bars available in 1 gram, 5 gram, an 10 gram bars. The machine also dispenses gold coins, according to reports.As for Canada's Franco-Nevada Corp. ([FNV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FNV&selected=FNV)) ), it will acquire a 22% stake in gold produced at Taseko Mines Ltd's ([TGB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TGB&selected=TGB)) ) Prosperity copper and gold project for a $350 million deposit for project construction. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
Stock Price 4 days before: 5.08859
Stock Price 2 days before: 5.34201
Stock Price 1 day before: 5.41165
Stock Price at release: 6.11602
Risk-Free Rate at release: 0.0015
| 4.99576 |
Symbol: CLNE
Security: Clean Energy Fuels Corp.
Related Stocks/Topics: S|Markets|WMT|GS|CMI|HMC|WPRT|T|VZ
Title: Thursday's Stock Market Winners: Sprint, Clean Energy Fuels, Titanium Metals, Westport Innovations
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-13 12:13:00
Article: Among the biggest winners in Thursday's early trading are **Clean Energy Fuels (Nasdaq: CLNE)** , **Westport Innovations (Nasdaq: WPRT)** , **Sprint ([S](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=S&selected=S)) )** and **Titanium Metals ([TIE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TIE&selected=TIE)) )** . **A Belated Boost for Natural Gas** When it became apparent a few years ago that the United States was sitting on far larger quantities of natural gas than was previously thought, many questioned why we weren't all driving gas-powered cars. After all, natural gas is far cheaper than oil, and emits fewer carbon emissions than gasoline. Right now, the **Honda ([HMC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HMC&selected=HMC)) )** Civic is the only factory-built gas powered car for sale, and is available in only a few states. Well, a pair of Senators just offered a bill that would stimulate demand for higher natural gas consumption. Their bill would double the credits available to convert fleets to run on natural gas, which would be a sure boost to **Clean Energy Fuels (Nasdaq: CLNE)** , which is up more than +5% in Thursday trading.The snapback comes a week after Clean Energy's shares slumped on a disappointing quarterly profit report. Clean Energy has been quickly moving to build dozens of natural gas fueling stations, but has yet to generate much profit from that rising base of stations. You can blame part of it on falling natural gas prices. In its most recent quarter, the company pumped 56% more gallons of natural gas than in the prior year's quarter, but total sales rose only 30%. And despite the spike in volume, earnings before interest, tax, depreciation and amortization (EBITDA) still totaled less than $1 million for the quarter. The challenge for Clean Energy is to find a way to expand margins as its volumes grow. That might prove to be quite a challenge, especially if traditional gas station operators enter the fray on the heels of this promising legislation. You may want to wait for another pullback in this name, even if you are a believer in this business concept.Or you can check out **Westport Innovations (Nasdaq: WPRT)** , which saw its shares spike aggressively on Monday in anticipation of the legislation. Westport has partnered with major truck engine manufacturers such as **Cummins ([CMI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CMI&selected=CMI)) )** , Kenworth, Peterbilt, and Volvo to modify traditional truck engines to run on natural gas. Demand is strong: sales rose +24% above year-ago levels in the December quarter, and are expected to have risen more than 40% from a year ago when March quarterly data are released.The logic for using natural gas to power trucks is even more apparent considering their high levels of energy consumption and outsized emissions of carbon gases. But as was the case with Clean Energy Fuels, Westport Innovation has not yet grown large enough to be sustainably profitable. Perhaps the pending legislation will help it get over the hump. But with both of these stocks, they could just as easily fall back as they could rally. You may want to pick an entry point target and wait for it.------------------------------------**Sprint Inks Another Partner** You've got to hand it to **Sprint Nextel ([S](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=S&selected=S)) )** . After the wireless service provider saw its rivals such as **Verizon Wireless ([VZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VZ&selected=VZ)) )** and **AT&T Wireless ([T](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=T&selected=T)) )** pull away, it has resorted to a never-ending stream of moves aimed at taking back market share . First, it merged with Nextel, though that deal proved to be a disappointment. Then it became a big backer of **Clearwire ([CLWR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CLWR&selected=CLWR)) )** , which aims to provide broadband speeds for wireless data. (The jury's still out on that one). Then it acquired the customer base of Virgin Mobile, which appears to be a winning move. And now, Sprint is developing a low-cost co-branded service with **Wal-Mart ([WMT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WMT&selected=WMT)) )** . Not a bad move considering that Wal-Mart's target demographic has the lowest rates of wireless usage. Investors like the deal, bidding shares up more than +7% in Thursday trading. And they should. Sprint is sitting on ample unused network capacity, so any of these deals does not need to force the carrier to make major network enhancements. The proof will be in the pudding. Sprint execs maintain that better network utilization should yield sharply rising operating cash flow in coming quarters. Sprint's bulls say that considerable progress has been made on that score, and bandy about $6 price targets. Others question why the company targets the most financially-stressed consumers with its myriad pay plans, and think shares are worth closer to $3. Then again, if unemployment drops steadily, then the newly-employed are likely to find Sprint's value-oriented pricing plans to be appealing.------------------------------------**Goldman Boosts Titanium** Last week, we suggested that **Titanium Metals ([TIE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TIE&selected=TIE)) )** could be in for an extended run (though we caution that investors shouldn't expect shares to rebound to the $40 levels seen back in 2006). Shares are in fact still running, up nearly +4% Thursday thanks to bullish comments from **Goldman Sachs ([GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS)) )** regarding all steel stocks. Signs of life continue to re-appear in the moribund industrial sector, and you can expect solid quarterly results from Titanium Metals to keep reflecting that. A break-out into the $20s in coming weeks is looking increasingly likely as analysts take up their global industrial output forecasts.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 15.0137
Stock Price 2 days before: 16.5676
Stock Price 1 day before: 16.47
Stock Price at release: 17.7014
Risk-Free Rate at release: 0.0015
| 16.9096 |
Symbol: HAIN
Security: The Hain Celestial Group, Inc.
Related Stocks/Topics: Unknown
Title: Friday's Stock Market Winners: Hain Celestial, Pozen, Dillard's
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-14 11:43:00
Article: Among the biggest winners in Friday's early trading are **Hain Celestial (Nasdaq: HAIN)** , **Pozen (Nasdaq: POZN)** and **Dillard's ([DDS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DDS&selected=DDS)) )** . **Pozen Showing Some Strength after Early May Losses** This morning's sharply lower stock market is muting the upside for stocks that might have otherwise posted sharp gains today. Among the modest gainers: **Pozen (Nasdaq: POZN)** , which has been the source of give-and-take among investors. Food and Drug Administration ([FDA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FDA&selected=FDA)) ) approval of the company's arthritis drug, Vimovo, was warmly greeted by investors in early May, but then shares slumped in later sessions, falling roughly -30%. But investors are missing some clear positives. First, Vimovo may benefit from the fact that France-based NiCox saw a key arthritis drug get swatted down by the FDA earlier this week. Second, investors may be overlooking the fact that Pozen has another drug that treats ulcers that has scored very well in Phase 1 trials. **Action to Take -->** Shares have ticked up a bit the past two sessions, and could have been up more sharply on Friday were it not for the heavy selling take place in the broader market. This is a rare biotech with a just-approved drug that could gain real traction, and another in the pipeline with blockbuster potential. Tale advantage of the noise to pick up shares in this promising upstart. But note that this is a speculative play and should be a small part of your portfolio. Also note that Pozen is unlikely to be sustainably profitable before 2013.------------------------------------**Hain Celestial Higher on Interest****from Icahn** Last week, I anticipated that a cycle of lower earnings forecasts would cause shares of **Hain Celestial (Nasdaq: HAIN)** to drift lower. Well, fiscal (June) 2010 profit forecasts have dropped by a bit, but a well-respected investor has a different view of the stock. Carl Icahn has been a steady buyer in recent days: since bottoming last Thursday, shares have risen in every single session, and are up another +5% today, as Icahn officially filed a 13-D with the Securities & Exchange Commission . Icahn tends to pick companies that possess promising assets or brands, and then prods management to make shareholder-friendly changes. **Action to Take -->** Wait for Icahn to articulate his beef with management before getting a sense of what to do with the stock.------------------------------------**Dillards' Gain: A False Dawn?**Shares of retailer **Dillard's ([DDS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DDS&selected=DDS)) )** are one of the few stocks making major gains today. Shares are up nearly +11% after the retailer released respectable financial results earlier this morning. For a long time, the only reason to appreciate Dillard's was for its massive real estate holdings, which often accounted for more than the share price. Shares have since quadrupled, and this is no longer a real estate value play. Yet as a retail play, Dillard's still brings little cheer. First-quarter profits were quite impressive, though solely due to cost cuts. Quarterly same-store sales rebounded +2% from a year ago, but sales were absolutely dismal back then, and analysts had been hoping for a smarter snapback in sales. In truth, Dillard's has lost much of its cache as rivals such as **Kohl's ([KSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KSS&selected=KSS)) )** and **Target ([TGT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TGT&selected=TGT)) )** continue to steal away customers.More than eight million shares of the company's stock had been held short, which partially explains today's gains as shorts are forced to cover their positions. Shorts tend to like this stock as management developed a reputation as ineffectual retail operators. Nothing from today's report should change that perception. **Action to Take -->** A paltry +2% same-store sales gain after miserable sales a year earlier tells you this retailer has not yet learned how to win back many of the customers lost over the years. The shorts were right, but early. Take no action now, as shares are likely to tread water. But if the broader retail sector softens, Dillard's, with its uninspiring merchandise, may feel the pain even more than others, as was the case in this last downturn. The stock, at that point, would make a very appealing short candidate.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 19.2972
Stock Price 2 days before: 20.3108
Stock Price 1 day before: 20.9496
Stock Price at release: 22.3005
Risk-Free Rate at release: 0.0015
| 22.806 |
Symbol: DO
Security: Diamond Offshore Drilling, Inc.
Related Stocks/Topics: Markets|T
Title: The S&P 500's Shakiest Dividend
Type: News
Publication: Carla Pasternak
Publication Author: Unknown
Date: 2010-05-17 10:48:00
Article: Want proof that we're not out of the woods just yet? Last Thursday, the Dow fell as much as -9.2% in just minutes before snapping back nearly as fast. One eight-minute span during the day wiped out almost $700 billion in equity before the market rebounded, according to Bloomberg.Now, normally I'm hunting down the brightest spots for you to lock in income streams and capital gains. For instance, I predicted that European stocks being dragged down proved to be a big winner in light of the EU bailout. But with the recent happenings, I wanted to do something a little different this week.If you've read this newsletter for long, I'm sure you'll remember my "Safest Dividend in the S&P" article. I published an updated version a few weeks ago, and it proved to be one of the most popular features.But there's a flipside to that coin. If you now know the safest dividends in the S&P, shouldn't you also know the least safe... especially given the clear signals that the economic rough patch isn't through yet?With this in mind, I've taken the criteria I used to uncover the safest stocks, and put it to use to uncover which S&P 500 stocks might be the most in danger of a dividend cut. **Safety Criteria #1: Yield** It only makes sense that our search starts with the most important factor -- yield. There may be some stocks out there currently yielding 2-3% and in danger of cutting their dividend, but those don't really catch my attention. Instead, I sorted through all of the S&P 500 common stocks to find those yielding above 6% -- these are the stocks that income investors are likely to have in their portfolios.If you remember back in March, 13 stocks in the index yielded above that mark. Today, that number has risen to 15 (3% of the S&P).Now that we've found a select few companies to focus on, we can move to our next factor of dividend safety: earnings power. **Safety Criteria #2: Earnings Power** It's "Dividends 101" that a company's earnings are what fund its payments. So if we're looking for sick dividends, it only makes sense to find those companies seeing problems with their earnings.Now, some people simply use net income for this step, but I prefer to look at operating income . Operating income is the profit realized from the company's day-to-day operations, excluding one-time events or special cases. This metric usually gives a better sense of a company's growth than earnings per share, which can be manipulated to show stronger results. Taking our original 15 candidates, I searched Bloomberg for those that have seen negative operating income growth over the last year. Eight members of our original list have seen a drop:Keep in mind that just because a company shows up on this list, it doesn't mean their dividend is in danger -- it simply means they are high yielding and operating income dropped over the last year. **Safety Criteria #3: Dividend Coverage** No measure of dividend safety carries as much weight as the payout ratio . By comparing the amount of profit earned against how much is paid in dividends, we can know whether a company can continue paying its current yield, even if conditions worsen.Below, I've listed those stocks with payout ratios above 90%. Remember, anything above 100% means the company is paying out more than it earns, increasing the likelihood of a future cut. **Safety Criteria #4: Outlook and Other Factors** Simply because a company is seeing slowing business conditions and a high payout ratio doesn't automatically mean a cut is coming. In fact, many companies have a sense of pride in maintaining their dividend payouts -- even in the face of adversity. So to pinpoint what could be the shakiest dividend in the S&P 500, I decided to take a look at a few different factors that could give a hint to a future cut. This includes earnings forecasts, cash positions, dividend history, and anything else that might tip the scales one way or another.Blue-chip **AT&T ([T](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=T&selected=T)) )** paid out slightly more than it earned in the first quarter (for a payout ratio of 100%), but I think the chances of a cut are doubtful. The company has more than $2.6 billion in cash it can use, and also has a proud history of rising payments to investors. Factor in that depreciation costs (a non-cash charge that impacts earnings, but not cash available to pay dividends) are substantial, and I think the chances of a cut are further reduced. **Pepco ([POM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=POM&selected=POM)) )** , an energy company, is certainly an interesting situation. The company paid out $60 million in dividends in the first quarter, but only earned $36 million. While that raises a red flag, the company has more than $1.2 billion in retained earnings , which it can dip into if needed to fund any shortfall. Given that the first quarter performance appears to be an aberration, that Pepco has plenty of retained earnings, and a track record of maintaining the dividend, I think the payment is safe for now. **Qwest ([Q](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=Q&selected=Q)) )** , which has paid out as much or more in dividends than it has earned for nearly a year, almost took the crown as the shakiest dividend. But it does sit on more than $1 billion in cash -- and recently announced a takeover by **CenturyTel ([CTL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CTL&selected=CTL)) )** . With the cash hoard and a takeover on the horizon, the chances of a dividend cut now appear slim.Which brings us to our final candidate -- **Diamond Offshore ([DO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DO&selected=DO)) )** . Diamond Offshore, an oil and gas drilling contractor, earned $2.09 per share in the first quarter while paying $2.00 in dividends, for a payout ratio of 96%. Meanwhile, earnings are estimated to fall more than -15% this year, according to Yahoo! estimates.In fact, the company has already beat me to the punch -- cutting quarterly dividends to $1.50 per share to compensate for the less-than-rosy outlook. While that certainly helps, I'm not so sure it's positively the end of dividend cuts.The biggest drag is the cloudy outlook on offshore drilling given the recent disaster off the coast of Louisiana. Diamond has heavy exposure to the region, and there's no telling just yet what (if any) new regulations will be imposed and how they will impact business. In fact, the share price has already fallen from about $90 to $75 on the fears.Diamond Offshore does carry a large cash balance of nearly $1 billion, which should help secure the dividend for the time being, but with clouds on the horizon, this is one income stream that I would pass up for now. [Image](http://www.streetauthority.com/images/hy/carla-sig-06-06.gif) Carla PasternakEditor: High-Yield Investing, High-Yield International, Dividend OpportunitiesP.S. There is still plenty of hope for income investors. Carla has uncovered several picks with secure dividends that are yielding up to 21.1%. For more on these picks just follow this link. Disclosure: Carla Pasternak does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 74.1367
Stock Price 2 days before: 71.1232
Stock Price 1 day before: 71.6353
Stock Price at release: 71.4563
Risk-Free Rate at release: 0.0016
| 62.6139 |
Symbol: ODP
Security: The ODP Corporation
Related Stocks/Topics: Markets
Title: Trader sees bottom in Office Depot
Type: News
Publication: optionMONSTER
Publication Author: Unknown
Date: 2010-05-17 11:56:00
Article: Office Depot is down 21 percent in the last month, and now one investor is calling a bottom. [ODP Chart](http://www.optionmonster.com/cms/commentary/images/odp517.png) optionMONSTER's tracking systems detected the sale of 8,075 June 6 puts for $0.30 and $0.35 against open interest of 5,371 contracts. The trade accounted for almost all the options volume in the office-supply retailer so far today. ODP fell 1.56 percent to $6.33 in morning trading. The stock got punished following a weak earnings forecast on April 27, when it gapped lower one session after leaping to a new 21-month high of $9.19.The selloff caused implied volatility in the name to surge to 67 percent from 45 percent, which pushed up the value of the put contracts. Today's put seller is taking advantage of that move to earn income.The trade expresses a belief ODP will remain above $6 through expiration, although the premium earned will protect them against losses as long as the stock doesn't fall below about $5.70.The transaction may have been implemented by an investor who expects the shares to hold this level or by a bear who sold the stock short and is looking to earn extra income and lock in an exit price on their position.(Chart courtesy of tradeMONSTER) Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
Stock Price 4 days before: 6.83
Stock Price 2 days before: 6.51356
Stock Price 1 day before: 6.42529
Stock Price at release: 6.16
Risk-Free Rate at release: 0.0016
| 5.62406 |
Symbol: GES
Security: Guess', Inc.
Related Stocks/Topics: Markets
Title: Forecasting Trends
Type: News
Publication: Investing Daily
Publication Author: Unknown
Date: 2010-05-18 10:05:00
Article: **More fashion labels have disappeared than airlines. But one has managed to stay hip for more than three decades and has evolved from being a designer-jean wholesaler to a one-stop shop for fashionistas. **In an industry where tastes change from season to season and vary on a regional basis, it's been a challenge for **Guess?** ([GES](https://www.nasdaq.com/symbol/ges)) ) to remain relevant. But the fashion retailer has proved itself equal to the task, and not because of its racy advertising-though that probably hasn't hurt.Over the past three decades the Marciano brothers-Maurice is Chairman of the Board and Paul is CEO-have stayed ahead of the fashion trends and morphed their business from a designer-jean wholesaler into a purveyor of almost every conceivable form of apparel.And rather than strictly catering to the young and hip set-which its flagship Guess? brand clearly does-it's reached out to older consumers with its Guess? by Marciano line and younger, price-conscious buyers with its G by Guess? brand.Although that broad commercial appeal didn't fully protect sales during the height of the recession-US same-store sales only recently turned positive for the first time since fall 2008-it did help Guess? Avoid steep merchandise markdowns to pull shoppers into its stores.This tough stand on pricing has bolstered revenues now that mall traffic is on the rise and Americans are once again opening their wallets. Guess? also benefits from a more diversified business model than many of its peers. Retail operations are its bread and butter and account for almost half of its revenues. Wholesale operations generate 14 percent of revenues, while 5 percent comes from licensing the use of its name for a variety of fashion accessories.A decade ago almost 90 percent of the company's business was inNorth America. Since then, the retailer has made significant inroads into both European and Asian markets, which now account for 37 percent and 7 percent of revenues, respectively.And there's plenty of room for growth. Management plans to grow its North American store count by 12 percent in 2010, and its plans for growing Asian markets are even more ambitious. This year management expects to open 136 new stores inAsia.What's more, Guess? has implemented extremely effective cost control measures over the past two years, slashing selling, general and administrative expenses-the biggest drag on improving margins-and bumping its operating margin to 11.7 percent.The company also has stepped back the amount of inventory it keeps on hand, reducing the need for discounts to move older merchandise, another boon to margins. Finally, the company has benefited from management's close attention to improving its balance sheet and reducing debt.Guess? currently has a cash balance of $500 million, leaving it well positioned to internally finance its expansion efforts.And with almost $5-per share of cash on hand, the company is prepared to weather any storm in style. **Why to Buy, GUESS? (NYSE: GES, $41.62)** - Tight Cost controls are generating impressive margins - Strong growth prospects in Asia and Europe - Almost totally self-financing Article Republished with permission from [www.KCIinvesting.com](http://www.kciinvesting.com/) and [www.rukeyser.com](http://www.rukeyser.com/)
Stock Price 4 days before: 38.9489
Stock Price 2 days before: 38.4216
Stock Price 1 day before: 38.3253
Stock Price at release: 38.8222
Risk-Free Rate at release: 0.0017
| 34.4912 |
Symbol: CYH
Security: Community Health Systems, Inc.
Related Stocks/Topics: Markets|THC
Title: Keep an Eye Out for this Health Care IPO
Type: News
Publication: Andy Obermueller
Publication Author: Unknown
Date: 2010-05-19 01:38:00
Article: When I first heard about this company, my first thought was, "Well, it sure ain't sexy."My second thought was: "It doesn't have to be."Today, I'd like to introduce you to a Chicago-based company in the health-care arena that has, frankly, a remarkably boring business. What's exciting, however, is the earnings potential that this not-so-exciting company offers. This company has an outstanding product and huge potential for growth. The first thing investors need to understand is that the ongoing health-care debate -- whatever its intentions -- has presented information about the business of health-care that led the public to draw questionable conclusions. The theme of the health-care debate was that health care is expensive and that the industry was making huge profits.I'm not sure either of those points is accurate.Now, arguing about it -- and I'd counter both of those contentions -- isn't going to make anyone any money. What has the potential to make us money, however, is this fact: It is irrefutably true that health-care costs inevitably rise, and that the sector as a whole grows faster than the rest of the economy.That's all we really know about health care. Neither is the end of the world. If any other sector grows faster than the economy as a whole we generally think of it as a good thing.But I digress. Now, let's discuss profits for a sec.Some people, yes, do extremely well in the health-care business. Good for them -- I think they're paid well because they perform well, and I have no problem with that. But the broader reality is that, physician and executive salaries notwithstanding, the margins for health-care providers is actually very small. **Tenet Healthcare ([THC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=THC&selected=THC)) )** , for example, which operates about 50 hospitals, had revenue of $9.0 billion in 2009. It turned a profit of $187 million, a razor-thin margin of only 2.1%. Or take **Community Health Systems ([CYH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CYH&selected=CYH)) )** , which owns or operates 122 hospitals. Its 2009 revenue was $12.1 billion; its profit came in at $243.2 million, which works out to an even thinner margin. To contrast that with other companies of similar size, consider **Cabot Oil and Gas Corp ([COG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=COG&selected=COG)) )** . It has roughly the same market value , but its 2009 net profit margin was 16.9%. Tech companies and pharmaceutical companies see even higher margins than that. The current state of the health-care business is like that of groceries or agriculture: It's easy to generate a lot of sales, but it's hard to turn much of a profit.So, clearly a hospital would do anything it can to boost its margins. Even "nonprofit" community or faith-based hospitals aren't immune from making money -- that's how they pay for new equipment, larger staff or other expansion.That's where **Accretive Health** comes in. The company offers a highly specialized system that enables hospitals and physician offices to collect the money it is owed more efficiently. It speeds up the "revenue cycle," the period of time that elapses from the day medical service is provided until the day the provider is paid.Medical billing can rightly be counted among the most complicated, convoluted and inefficient financial processes in the business world. Insurance companies and self-insured health plans have their reimbursement procedures, which are followed most of the time. The Medicare program and other government payers have their procedures, which are followed most of the time. And then there are patients, who may or may not even understand that they owe money in the first place.Add into that morass the fact that services may be provided in different places and billed by different providers. And let's not forget that not only is every case a matter of life and death, but it is a different matter of life and death -- and the entire transaction must be kept confidential under federal laws. The result is that some hospitals have only a rough estimate of whether they are being paid what they are actually owed. In some cases, hospitals may not even know what they are truly owed in the first place. They just hope that enough revenue trickles in to keep the lights on.Accretive Health can do better than guess and hope. It uses a powerful combination of people, processes and technology to ensure that every step of the billing process is done accurately and efficiently. The solution offered by Accretive Health basically makes sure the hospital knows what it is owed and then gets paid for it. Once the Accretive system is implemented, hospitals and medical-service providers can expect to see a +4% to +6% increase in their cash collections against the amount they are contractually owed. To put it another way, Accretive rakes in money that these health-care providers are leaving on the table.Accretive currently has 22 customers that represent a total of 59 hospitals, and its systems oversee the timely collection of $13.6 billion in annual revenue for those clients. In 2009, its services brought in $510.2 million and a net profit of $14.6 million. That's a margin I expect to see widen as the company scales up.And that's what's exciting here: The growth potential. Accretive has increased revenues +358.8% since 2005. But it's sustainable. In fact, there's no reason that such growth -- +46.4% on a compound annual basis -- cannot continue indefinitely. After all, the nation has 5,815 hospitals, of which Accretive has only a 1.0% market share . And there are hundreds of thousands of other medical clinics where the nation's 815,000 doctors work that also could benefit from Accretive's expertise.A second point of excitement about this company is the driver behind its "boring" business. It's not just profits, it's compliance. Health-care compliance is a booming industry. Not only has the White House allocated $16 billion to switch the nation over the digital medical records -- a system with which health-care providers must comply -- but the administration also has just given the health-care system a massive top-to-bottom rewrite. Now, that might not change the way you receive your health care, but that doesn't mean your health-care providers aren't going to have to come into compliance with ObamaCare's myriad new rules. And many of these rules change as they phase in over time, meaning health-care billing systems will need massive annual upgrades for years to come. Hospitals that don't keep up will not only be out of compliance, they will risk a significant erosion of profits.Health care is an art, but it is first a business. If the back office is not taken care of, then the ability to take care of patients is compromised, sometimes severely. The recent changes to the health-care system have some medical executives worried about their ability to deal with the new rules and stay in business. Adding +4% to +6% to cash collections likely will be greatly appealing to thousands of hospitals, which will be all too pleased to outsource this function if it means better results.That's great news for Accretive Health, which is expected to go public any day. It's scheduled to trade on the New York Stock Exchange under the ticker "AH." The $200 million offering is being underwritten by Goldman Sachs, Credit Suisse, J.P. Morgan and Morgan Stanley, among others.No, it's not a very sexy business. Revenue cycle management and the fine print of health-care billing is less than scintillating. But Accretive's long-term potential looks very alluring, and growth-oriented investors might want to consider these shares for the long term.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Andy Obermueller does not own shares of any security mentioned in this article.Andy ObermuellerEditor: Government-Driven InvestingDisclosure: Andy Obermueller does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 40.5126
Stock Price 2 days before: 40.8474
Stock Price 1 day before: 40.933
Stock Price at release: 39.4323
Risk-Free Rate at release: 0.0017
| 37.3801 |
Symbol: GES
Security: Guess', Inc.
Related Stocks/Topics: HRL|Markets|DE|CNX|ANF|V|ADI|HPQ
Title: Market Wrap-Up for May 19 (V, HPQ, ADI, DE, ANF, MEE, more)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-05-19 04:16:00
Article: The markets continue to shake a lot of investors up with the recent pullback. Considering how poorly things went last spring with the Dow dropping all the way to 6500, sitting at Dow 10,300 right now certainly feels better.We have been busy pruning away on our recommended list, and we removed three more names that you can find in the link below if you did not read the e-mail alert we sent out earlier. Pullbacks are beneficial to the health of the market and never feel good when they are going on, but corrections have always been a part of the investing landscape over periods of time. We are hoping that the recent economic issues that are in the news can be contained to a certain point, but we will continue to monitor the situation as we have always done to position the "Best Dividend Stocks" list in the best possible direction. Putting new capital in the market is important to investors, and we will do our best to keep the names we feel are worthy of your new investment dollars up to date. As for today's action, further selling in the low-dividend yield growth plays were rocking the commodity sector. Companies like Bucyrus International ([BUCY](http://www.dividend.com/dividend-stocks/industrial-goods/farm-and-construction-machinery/bucy-bucyrus-international/)) ) , Massey Energy ([MEE](http://www.dividend.com/dividend-stocks/basic-materials/industrial-metals-and-minerals/mee-massey-energy/)) ) , and Consol Energy ([CNX](http://www.dividend.com/dividend-stocks/basic-materials/industrial-metals-and-minerals/cnx-consol-energy/)) ) all led the way lower. Retailers saw some red, with Abercrombie & Fitch ([ANF](http://www.dividend.com/dividend-stocks/services/apparel-stores/anf-abercrombie-and-fitch/)) ) and Guess, Inc. ([GES](http://www.dividend.com/dividend-stocks/services/apparel-stores/ges-guess-inc/)) ) down. On the flipside, Visa ([V](http://www.dividend.com/dividend-stocks/services/business-services/v-visa/)) ) bucked the early selling and got back some of the previous days' losses. On the earnings front, Deere & Co. ([DE](http://www.dividend.com/dividend-stocks/industrial-goods/farm-and-construction-machinery/de-deere-and-co/)) ) was able to close higher after some up and down action intraday. Elsewhere, Analog Devices ([ADI](http://www.dividend.com/dividend-stocks/technology/semiconductor-broad-line/adi-analog-devices/)) ) finished up on its results, while Hormel Foods ([HRL](http://www.dividend.com/dividend-stocks/consumer-goods/meat-products/hrl-hormel-foods/)) ) drifted lower following its Q2 numbers. Hewlett Packard ([HPQ](http://www.dividend.com/dividend-stocks/technology/diversified-computer-systems/hpq-hewlett-packard/)) ) did close up slightly, but was off its intraday highs.Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 38.6559
Stock Price 2 days before: 38.4418
Stock Price 1 day before: 38.9079
Stock Price at release: 37.0779
Risk-Free Rate at release: 0.0017
| 34.6356 |
Symbol: SA
Security: Seabridge Gold Inc.
Related Stocks/Topics: Markets
Title: Germany Bombs Naked Ambitions
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-05-19 10:19:00
Article: Good Morning,Wild-and-woolly does not begin to describe the action in the markets following yesterday afternoon's announcement that Germany would no longer tolerate nudity, certainly not among the short-sellers of euro-flavored assets such as bonds and bank shares. Stocks and commodities took a severe hit after the ban was announced, and, while gold rallied initially, the sheer number of players who suddenly had to cover trading losses and market margin calls in other assets overwhelmed bullion and it too, succumbed to the mounting selling pressure, falling to an overnight low of $1201.20 per ounce. lows.Germany's Chancellor Angela Merkel drew a line in the markets' sand and declared that naked short-selling was a threat, and that the euro was at risk, and that Germany would act alone against 'destructive' agents in financial markets. Said Ms. Merkel: "The lack of rules and limits can make behavior in financial markets driven purely by the profit motive destructive and lead to an existential threat to financial stability in Europe and even the world," Merkel told lawmakers in Berlin today. "The market alone won't correct these mistakes." Thus far, it appears that Ms. Merkel's enforcement troops will have to go at this ban on their own, as France and other would-be allies did not jump on the 'banwagon' just yet. Sellers (naked or not) were still visible overnight, as the euro dipped to a four-year low near 1.21 and as market participants bit back with a vengeance, calling the Chancellor's actions as 'desperation.'New York metals trading opened with sharp losses across the complex, with platinum and palladium (more so) pacing the decline in percentage terms. Gold fell $18.90 to open at $1204.10 spot bid, in an extension of the correction that materialized on Tuesday but was then negated by the afternoon rally.Support in gold is thought to be found between the broader $1180-1200 band and resistance has now materialized in the $1220-1230 area. The dukefest of the specs versus governments will define the action as we head into pre-weekend book-squaring time.Nonetheless, German 'bazookas' and lines in the sand may prove insufficient and more might be needed, says Harvard's Prof. Kenneth Rogoff. He argues that one solution would be to temporarily allow certain countries to leave the euro and rejoin the union after they carry out some thorough house-cleaning.Silver dropped 50-cents out of the gate this morning, starting the session at $18.50 per ounce. Platinum slid $51 per ounce, opening at $1616.00 while palladium lost nearly 6% or $28 to reach a low of $469.00 at the open. Rhodium slipped $10 to the $2740.00 mark. Oil prices also headed lower, with crude losing 80 cents to drop to the $68.62 level as the dollar gave back 0.26 on the index (last seen at 87.09) and as the euro hung on by a thread above the 1.22 level. This morning's market focus is indeed on the noble metals niche. An in-depth look offers a mixed bag of good as well as not-so-good news on the automotive front. Analysts at Standard Bank ([SA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SA&selected=SA)) ) have just forwarded us data the reveals that "auto sales in the large economies have slowed from the highs reached in March."However, the Standard Bank team also finds that "looking at the 4 big auto markets (US, Japan, China and Europe), on a year-on-year basis, auto sales still match levels seen before the economic slowdown of late 2008."Now, for the regional break-downs, as relayed by the SB team: 1) China's auto sales in April posted a 35% year-on-year increase. Auto sales in China registered 1.55 million units in April. Month-on-month, the auto sales look weak(er), with a 10% decline from the figures seen in March, and.the dominant driver in the m/m decline in April sales was (likely) due to seasonal factors.2) At an aggregate level, auto sales in these four large markets reached 3.8m units in April. That is 16% higher than the Apr'09 figure but 18% lower month-on-month. As with China, March is (typically) the strongest month for auto sales in Japan, the US and Europe. Strong sales in March followed by lower sales in April have consistently been the case over the past 10 years. Even in these markets a m/m decline in April sales is largely seasonal.3) However, the SB team does note "with some concern" that this year's April month-to-month decline in European new car registrations has been the largest m/m decline for any April in at least 10 years. In April new car registrations were down 21.9% in Europe. 4) Standard Bank is looking for a marginal rebound in m/m auto sales in May, in Europe and Japan. Should this not transpire, we would become more concerned about the strength of PGM demand from the auto sector. Looking at past seasonal sales patterns, May is also set to see a m/m decline in Chinese auto sales. However, a m/m decline of larger than 10% may indicate a slowdown in demand greater than the usual seasonal factors.Finally this morning, an unexpected drop in US consumer prices dented US stock futures ahead of the Dow's opening. More importantly, the roundup of inflationary gauge figures revealed that core CPI - the figure which excludes food and energy prices in order to get a better view of underlying inflation -- was -according to Marketwatch- "unchanged in April, lowering the year-over-year increase in core inflation to 0.9%, the lowest rate since January 1966." Inflation? What inflation? Depends on whose newsletters you happen to read.Look for more concerted EU missiles to be lined up against nekkid sellers. You do not mess with officialdom, now that it is (finally) awake. But, try they will."Above all, accept randomness. Accept that the world is opaque, majestically unknown and unknowable. From its depths emerge the black swans that can destroy us or make us free. Right now they're killing us, so remember to shave. But we can tinker our way out of it. It's what we do best." -Nassim Nicholas Taleb author, "The Black Swan: The Impact of the Highly Improbable."Happy (Careful) Trading.Jon Nadler
Stock Price 4 days before: 35.6307
Stock Price 2 days before: 35.6291
Stock Price 1 day before: 33.3085
Stock Price at release: 30.7756
Risk-Free Rate at release: 0.0017
| 33.8072 |
Symbol: GCI
Security: Gannett Co., Inc.
Related Stocks/Topics: Markets
Title: Gannett receives vote of confidence
Type: News
Publication: optionMONSTER
Publication Author: Unknown
Date: 2010-05-20 11:41:00
Article: Gannett has been dropping along with the rest of the market, but now one investor is betting the newspaper publisher can fall only so far. [GCI Chart](http://www.optionmonster.com/cms/commentary/images/gci520.png) optionMONSTER's tracking systems detected the sale of 4,400 June 12 puts for $0.20 against open interest of 284 contracts. The trade pushed total option volume in the stock to more than twice its average daily level. GCI is down 1.7 percent to $15.04 in morning trading, having fallen 17 percent in the last month. The company, parent of USA Today, sounded an upbeat note on the economy and advertising market the last time it reported earnings on April 16. But the stock failed to hold early gains that session and has been declining since.Today's put seller is betting that GCI will remain above $12 through expiration. The trade took advantage of the stock's rich 58 percent implied volatility reading. It will also benefit from the accelerating pace of time decay that will occur as June 18 approaches.Puts account for 96 percent of the options volume in the name so far today.(Chart courtesy of tradeMONSTER) Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
Stock Price 4 days before: 15.8204
Stock Price 2 days before: 16.1591
Stock Price 1 day before: 14.83
Stock Price at release: 15.0738
Risk-Free Rate at release: 0.0017
| 16.6341 |
Symbol: BKE
Security: The Buckle, Inc.
Related Stocks/Topics: ORLY|Markets|RTH|AAP|WSM|PLCE|CTRN|AZO
Title: Thursday Winners: Advance Auto, CitiTrends, Perry Ellis
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-20 12:29:00
Article: Among the biggest winners in Thursday's early trading are **AdvanceAuto ([AAP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AAP&selected=AAP)) )** , **CitiTrends (Nasdaq: CTRN)** and **Perry Ellis (Nasdaq: PERY)** . **Market Grinds Lower** Except for a modest gain on Monday, the market has been under pressure since last Thursday. The S&P 500 has shed nearly -8% since during the past week. A correction can be quite healthy in the context of a long-term bull market , but if the selling continues for a few more sessions, it could really feed on itself and set the stage for an extended downward move. For now, many are still speaking of this as a buying opportunity. ------------------------------------**Growth Opportunities Abound for this Retailer** A number of specific stocks have really taken a bath this month, with some down -20% or even -30%. Any companies reporting good news right now can get lost in the shuffle. **CitiTrends (Nasdaq: CTRN)** is a fine example. The urban-focused retailer has been a solid growth story in recent years, and should have pushed through to a 52-week high when it reported stellar quarterly results on Wednesday morning. Per share profits rose sharply, nearly +30% ahead of analysts' forecasts, but shares fell nearly -10% on Wednesday anyway in the face of broader market selling.Investors are correcting that mistake, pushing shares up more than +6% on Thursday, even as the broader market continues to slump. And with good reason. For starters, earnings estimates are likely to rise by a good margin , with 2011 EPS forecasts approaching $2.50. Shares trade for just 13 times that view, even though profits are growing at three times that rate. In addition, CitiTrends has ample long-term growth opportunities. The retailer has yet to enter many key urban markets, most notably in the Northeast. Combined with rising traffic at existing stores, top-line results can continue to grow in excess of +15% for several years to come, and bottom-line results at an even faster clip. **Action to Take -->** As the market stabilizes, shares should start to move beyond the 52-week high of $37, and perhaps past the $40 mark. This implies gains of at least +25% in the near-term, and perhaps much more in the long-term as this retailer steadily expands its footprint.------------------------------------**Retail Strength amid Stock Market Weakness** We're seeing positive quarterly results today from **Perry Ellis (Nasdaq: PERY)** , **Williams-Sonoma ([WSM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WSM&selected=WSM)) )** , **Children's Place (Nasdaq: PLCE)** , **The Buckle ([BKE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BKE&selected=BKE)) )** and **Casual Male (Nasdaq: CMRG)** . Yet a clear divergence in the sector has emerged: Sales trends have been fairly positive, but the **Retail HOLDRS ETF****([RTH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RTH&selected=RTH)) )** , an exchange-traded fund ([ETF](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ETF&selected=ETF)) ) we mentioned yesterday, is off another -2% on Thursday and is now down more than -10% since late April. There may be a correlation. As the market weakens, it could begin to impact consumer spending. After all, the remarkable rebound in the value of many retirement plans surely led many consumers to re-open their pocket books.Shares of Perry Ellis create a particular conundrum. The retailer posted very impressive quarterly results Thursday morning and boosted guidance, which is pushing shares up in an otherwise down market. Yet the company's key demographic is precisely the type of customer that is likely seeing some of his portfolio diminish in value in this market pullback. Then again, if the market weakness proves to be ephemeral, the positive sales and profit momentum is likely quite sustainable. Shares are certainly inexpensive at about 14 to 15 times expected earnings for the current year. **Action to Take -->** There may be other retailers more leveraged to an eventual downturn in unemployment, but shares of Perry Ellis possess nice blend of growth and value. Today's positive action in the stock is likely to continue, unless the market slumps even further.------------------------------------**Auto Parts Stores have been Winners, but Will it Last?**As Americans hold on to their cars longer, demand for auto repairs and parts continues to climb. The major auto parts chains have posted above-average growth for several years now, and the trend continues. **Advance Auto Parts ([AAP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AAP&selected=AAP)) )** rang up impressive quarterly results Wednesday after the market close, and boosted full-year guidance. That was good for a +7% gain in shares in Thursday trading.But the positive industry trends may be close to ending. Auto sales are beginning to rebound, and if unemployment drops, many aging cars may once again be scrapped rather than nursed beyond their normal usable life. The entire auto parts sector is near saturation thanks to never-ending expansion plans from the likes of Advance Auto, **Auto Zone ([AZO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AZO&selected=AZO)) )** , **O'Reilly Automotive (Nasdaq: ORLY)** and **Pep Boys ([PBY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PBY&selected=PBY)) )** . The group generally trades for 18 to 20 times trailing earnings, with shares of Auto Zone a bit cheaper, and shares of Pep Boys being unjustifiably expensive on a trailing earnings basis. **Action to Take -->** Despite the impressive results from Advanced Auto, the entire sector does not represent robust growth opportunities. Better opportunities lie elsewhere.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 33.9384
Stock Price 2 days before: 34.3097
Stock Price 1 day before: 34.2607
Stock Price at release: 34.3956
Risk-Free Rate at release: 0.0017
| 34.3778 |
Symbol: GES
Security: Guess', Inc.
Related Stocks/Topics: BP|Markets|CPB|GS|COST|PSA|BHP|MDT|FCX|MA|JPM|BA|CL
Title: Market Wrap-Up for May 21 (MA, GS, JPM, FCX, BA, BP, more)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-05-21 04:41:00
Article: The market has been able to bounce off earlier lows and climb back over the psychological Dow 10K level.Despite the recent drop, which has been a decent-sized one, investors need to remember we are still up over 50% from the March 2009 lows. There is a decent chance the markets could down further, considering the economic landmines that still exist (and will stick around for quite a while). One of the other factors that continues to baffle us is the low volume rallies we have seen during the tremendous market run-up. Market pundits continued to brush it aside as nothing more than a "reversion to a new norm", and likely due to ETFs influencing how investors spread their investing dollars. Unfortunately, we have been seeing in the recent selloff a big spike in volume and the major effect it has had on the averages in a short amount of time. Fortunately we are not buying into the new theories and will continue to harness our own research to maintaining what we feel is a more proper investing perspective. As we look at today's bounce, commodity stocks were certainly seeing a lift with names like Freeport McMoran ([FCX](http://www.dividend.com/dividend-stocks/basic-materials/copper/fcx-freeport-mcmoran/)) ) and BHP Billiton ([BHP](http://www.dividend.com/dividend-stocks/basic-materials/industrial-metals-and-minerals/bhp-bhp-billiton-ltd/)) ) rising. Financial plays Mastercard ([MA](http://www.dividend.com/dividend-stocks/services/business-services/ma-mastercard/)) ) , Goldman Sachs ([GS](http://www.dividend.com/dividend-stocks/financial/investment-brokerage-national/gs-goldman-sachs/)) ) and JP Morgan ([JPM](http://www.dividend.com/dividend-stocks/financial/money-center-banks/jpm-jp-morgan-chase/)) ) led the financials higher. Other names seeing a bounce included Boeing ([BA](http://www.dividend.com/dividend-stocks/industrial-goods/aerospace-defense-major-diversified/ba-boeing-co/)) ) , Public Storage ([PSA](http://www.dividend.com/dividend-stocks/financial/reit-industrial/psa-public-storage/)) ) and Time Warner Cable ([TWC](http://www.dividend.com/dividend-stocks/services/catv-systems/twc-time-warner-cable/)) ) . Names that couldn't quite turn things around in the bounce today included BP Plc ([BP](http://www.dividend.com/dividend-stocks/basic-materials/major-integrated-oil-and-gas/bp-bp-plc/)) ) and Colgate-Palmolive ([CL](http://www.dividend.com/dividend-stocks/consumer-goods/personal-products/cl-colgate-palmolive/)) ) . Volume on the NYSE came in at just 5.45 Billion shares on the snapback, and we traded 8.32 Billion shares on the big drop yesterday. This indicates there is still a bit of distribution going on and keeps us somewhat cautious.As we get set for the weekend, we are looking ahead to earnings next week from companies such as Campbell Soup ([CPB](http://www.dividend.com/dividend-stocks/consumer-goods/processed-and-packaged-goods/cpb-campbell-soup-co/)) ) , Costco ([COST](http://www.dividend.com/dividend-stocks/services/discount-variety-stores/cost-costco/)) ) , Guess, Inc. ([GES](http://www.dividend.com/dividend-stocks/services/apparel-stores/ges-guess-inc/)) ) and Medtronic ([MDT](http://www.dividend.com/dividend-stocks/healthcare/medical-appliances-and-equipment/mdt-medtronic/)) ) . There will likely be a shakeup in our weekend watchlists,so be sure to check them out on Dividend.com Premium.Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 38.4418
Stock Price 2 days before: 37.0846
Stock Price 1 day before: 35.5635
Stock Price at release: 35.0157
Risk-Free Rate at release: 0.0017
| 34.044 |
Symbol: ROIC
Security: Retail Opportunity Investments Corp.
Related Stocks/Topics: Personal Finance|FCF
Title: Demystifying Value Investing: Answers to Your Top 4 Questions
Type: News
Publication: Nathan Slaughter
Publication Author: Unknown
Date: 2010-05-21 10:18:00
Article: We strongly believe value investing has an edge over other approaches in this kind of market, where hysterical market plunges open up unprecedented opportunities for deep-value investors. With the seesaw motions of the last few weeks, adopting the tenets of value investing is more important than ever.Last year we conducted a survey on value investing. We compiled, categorized and ranked almost 2,000 responses from readers like you, and we're happy to present you with four of the most frequently asked questions about value investing...along with our answers. ****1. What is "value investing," anyway?Value investing is simply buying stocks that trade for less than they are really worth, i.e., their intrinsic value . Value investors look for stocks that they believe the market has undervalued. Since the market overreacts to bad news, a company's stock price can stray far from what the fundamentals would dictate. This gives value investors an opportunity to profit by buying when the price is deflated.Keep in mind that the very definition of value investing is subjective. Some value investors only look at present assets/earnings and place no value on future growth. Other value investors include estimates of future growth and cash flows to come up with a number that a stock is "really" worth. Despite the different methodologies, it all comes back to trying to buy something for less than its true value.Ben Graham is widely recognized as the father of value investing. Graham and Dodd's 1934 Securities Analysis was the ground-breaking work on buying companies based on intrinsic value of the business rather than price momentum, charting, or other technical analysis .Graham produced annualized returns of better than +17% between 1934 and 1956 -- delivering a whopping 27-fold gain for his investors. And Warren Buffett, a student and former employee of Graham, has scored average annualized gains of more than +15% over the course of the last 40 years -- almost double the return delivered by the S&P 500.Value investing is a contrarian approach that requires a strong understanding of balance sheets and other financial data. You have to be willing to crunch the numbers and make predictions that you are willing to risk money on. It isn't for the weak of heart. That being said, value investors who pick up cheap shares in bear markets can see massive triple-digit gains. **2. How does value investing stack up to other styles in terms of performance?**No other approach has proven to be more effective or reliable than value investing over the long haul.A classic study by Ibbotson found that value stocks generated average annual returns of +11% over a 34-year period vs. just +6.5% for the S&P 500. Ten-thousand dollars invested in value stocks during this period would have grown to $347,521 vs. only $85,091 for the S&P 500 -- making the value stock investor more than four times richer than an investor who put his money in the S&P 500.While momentum investors come and go, value investing has shown incredible staying power over the decades. Just run down any list of the most successful investors of all time. Virtually all of the names are value investors: Warren Buffett, Benjamin Graham, Peter Lynch, John Templeton, etc. While all these men certainly hit cold streaks, no other investment approach has proven to be more effective over the long haul than value investing.By investing in companies selling below their fair market value , Buffett's Berkshire Hathaway portfolio produced an annualized return of about +15% from 1965 to 2009. That was enough to turn a $10,000 investment in the mid-1960s into more than $45 million! **3. I'm a retiree, so capital preservation is important to me. Are value stocks safe?**By their very nature as deeply discounted "on sale" securities, value stocks are safer than most other equities.If you have a statistical bent, you can predict the volatility of your value stocks down to the decimal point. All you have to do is look up its beta or standard deviation (both measures of volatility) to see how stable it is before you buy it. You will almost always find that value stocks score better on these risk measures.Value investing has its risks, but it's not roulette. If you pick the wrong stock, you don't lose as much as other investors because the stock is already scraping bottom.If you follow the concepts of value investing and seek companies that have a strong financial footing but a depressed stock price, then your downside risk is mitigated and the risk of losing everything is tiny. You also need to factor in a margin of safety for every stock you consider. This means buying at a big enough discount to allow some room for error in your estimation of value.A value investment could make a substantial profit in a few weeks or it could languish for years before popping back. Value investing takes patience.One of the best assets a value investor can have is a long memory. If you can remember a time when the business conditions were similar to this one, then you can go back and determine what happened to stock prices. For instance, when oil rises or falls, what usually happens to oilfield service providers? When recessions hit, what happens to food companies? Value investing is a rigorous intellectual pursuit: You've got to merge the data with the news and decide the degree to which you're willing to bet the outcome will be the same.Because it's so rigorous, value investing is mentally and emotionally satisfying -- and a constant source of intellectual enrichment. What's more, everything value investors must learn can be applied to other methods of investing. Value investors, for instance, must do real research. They study. They play devil's advocate. They fiddle around with spreadsheets. All of this gives them an edge over investors who simply bought a stock they heard about on the news but really knew nothing about.Most value investors learn that the first time one of their picks goes down. The fellow who bought because he heard about it on the news is upset because he moved into the losing column, but the value investor finds himself very pleased that the company's shares are on sale. That works in this environment and all others. ****4. What are the keys to finding the best undervalued stocks?There are many ways to find bargain stocks, and no single approach can be called "correct." Two investors can take the same information and come up with significantly different values on a company.That said, here are five key factors we tend to use when evaluating cheap value stocks:Discount pricing -- the stock must be selling at a -20% to -50% discount to the company's fair market value, giving us price appreciation potential as high as +100% . . . and we also like a stock to be selling substantially below its 52-week high.Free cash flow ([FCF](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FCF&selected=FCF)) ) -- the companies should generate truckloads of cash flow . Their future cash flow-to-sales ratios should be above sector norms. Return on invested capital ([ROIC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ROIC&selected=ROIC)) ) -- ROIC should exceed the company's cost of capital to ensure that shareholder value is being created and not destroyed.Return on equity ([ROE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ROE&selected=ROE)) ) -- A high ROE indicates that management allocates its capital efficiently and does not spend recklessly to obtain growth.Wide economic moats -- An "economic moat " is a market factor that helps defend the business from its competitors -- for instance, a pharmaceutical company with key patents on a particular class of drugs.One thing is for sure: value investing requires work. You've got to roll up your sleeves and put on your reading glasses. The only way to make a sensible determination on a stock's "real" value is to read every bit of information you can get your hands on -- from the daily business papers to the weekly magazines. You need to keep your eyes on economic data and corporate trends and try to put what you hear and read into context with what you see in the pricing of equities.To get inspriation from some of the world's greatest investors of all time, we highly recommend these other InvestingAnswers articles: The Man Warren Buffett Dubbed a "Superinvestor" and Understanding the Four Pillars of Warren Buffett. a:link {color:#125AD3; } a:visited {color:#125AD3;}[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Nathan SlaughterEditor:Market AdvisorHalf-Priced StocksThe ETF Authority
Stock Price 4 days before: 9.7
Stock Price 2 days before: 9.58258
Stock Price 1 day before: 9.50583
Stock Price at release: 9.55632
Risk-Free Rate at release: 0.0017
| 9.29111 |
Symbol: FCF
Security: First Commonwealth Financial Corporation
Related Stocks/Topics: ROIC|Personal Finance
Title: Demystifying Value Investing: Answers to Your Top 4 Questions
Type: News
Publication: Nathan Slaughter
Publication Author: Unknown
Date: 2010-05-21 10:18:00
Article: We strongly believe value investing has an edge over other approaches in this kind of market, where hysterical market plunges open up unprecedented opportunities for deep-value investors. With the seesaw motions of the last few weeks, adopting the tenets of value investing is more important than ever.Last year we conducted a survey on value investing. We compiled, categorized and ranked almost 2,000 responses from readers like you, and we're happy to present you with four of the most frequently asked questions about value investing...along with our answers. ****1. What is "value investing," anyway?Value investing is simply buying stocks that trade for less than they are really worth, i.e., their intrinsic value . Value investors look for stocks that they believe the market has undervalued. Since the market overreacts to bad news, a company's stock price can stray far from what the fundamentals would dictate. This gives value investors an opportunity to profit by buying when the price is deflated.Keep in mind that the very definition of value investing is subjective. Some value investors only look at present assets/earnings and place no value on future growth. Other value investors include estimates of future growth and cash flows to come up with a number that a stock is "really" worth. Despite the different methodologies, it all comes back to trying to buy something for less than its true value.Ben Graham is widely recognized as the father of value investing. Graham and Dodd's 1934 Securities Analysis was the ground-breaking work on buying companies based on intrinsic value of the business rather than price momentum, charting, or other technical analysis .Graham produced annualized returns of better than +17% between 1934 and 1956 -- delivering a whopping 27-fold gain for his investors. And Warren Buffett, a student and former employee of Graham, has scored average annualized gains of more than +15% over the course of the last 40 years -- almost double the return delivered by the S&P 500.Value investing is a contrarian approach that requires a strong understanding of balance sheets and other financial data. You have to be willing to crunch the numbers and make predictions that you are willing to risk money on. It isn't for the weak of heart. That being said, value investors who pick up cheap shares in bear markets can see massive triple-digit gains. **2. How does value investing stack up to other styles in terms of performance?**No other approach has proven to be more effective or reliable than value investing over the long haul.A classic study by Ibbotson found that value stocks generated average annual returns of +11% over a 34-year period vs. just +6.5% for the S&P 500. Ten-thousand dollars invested in value stocks during this period would have grown to $347,521 vs. only $85,091 for the S&P 500 -- making the value stock investor more than four times richer than an investor who put his money in the S&P 500.While momentum investors come and go, value investing has shown incredible staying power over the decades. Just run down any list of the most successful investors of all time. Virtually all of the names are value investors: Warren Buffett, Benjamin Graham, Peter Lynch, John Templeton, etc. While all these men certainly hit cold streaks, no other investment approach has proven to be more effective over the long haul than value investing.By investing in companies selling below their fair market value , Buffett's Berkshire Hathaway portfolio produced an annualized return of about +15% from 1965 to 2009. That was enough to turn a $10,000 investment in the mid-1960s into more than $45 million! **3. I'm a retiree, so capital preservation is important to me. Are value stocks safe?**By their very nature as deeply discounted "on sale" securities, value stocks are safer than most other equities.If you have a statistical bent, you can predict the volatility of your value stocks down to the decimal point. All you have to do is look up its beta or standard deviation (both measures of volatility) to see how stable it is before you buy it. You will almost always find that value stocks score better on these risk measures.Value investing has its risks, but it's not roulette. If you pick the wrong stock, you don't lose as much as other investors because the stock is already scraping bottom.If you follow the concepts of value investing and seek companies that have a strong financial footing but a depressed stock price, then your downside risk is mitigated and the risk of losing everything is tiny. You also need to factor in a margin of safety for every stock you consider. This means buying at a big enough discount to allow some room for error in your estimation of value.A value investment could make a substantial profit in a few weeks or it could languish for years before popping back. Value investing takes patience.One of the best assets a value investor can have is a long memory. If you can remember a time when the business conditions were similar to this one, then you can go back and determine what happened to stock prices. For instance, when oil rises or falls, what usually happens to oilfield service providers? When recessions hit, what happens to food companies? Value investing is a rigorous intellectual pursuit: You've got to merge the data with the news and decide the degree to which you're willing to bet the outcome will be the same.Because it's so rigorous, value investing is mentally and emotionally satisfying -- and a constant source of intellectual enrichment. What's more, everything value investors must learn can be applied to other methods of investing. Value investors, for instance, must do real research. They study. They play devil's advocate. They fiddle around with spreadsheets. All of this gives them an edge over investors who simply bought a stock they heard about on the news but really knew nothing about.Most value investors learn that the first time one of their picks goes down. The fellow who bought because he heard about it on the news is upset because he moved into the losing column, but the value investor finds himself very pleased that the company's shares are on sale. That works in this environment and all others. ****4. What are the keys to finding the best undervalued stocks?There are many ways to find bargain stocks, and no single approach can be called "correct." Two investors can take the same information and come up with significantly different values on a company.That said, here are five key factors we tend to use when evaluating cheap value stocks:Discount pricing -- the stock must be selling at a -20% to -50% discount to the company's fair market value, giving us price appreciation potential as high as +100% . . . and we also like a stock to be selling substantially below its 52-week high.Free cash flow ([FCF](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FCF&selected=FCF)) ) -- the companies should generate truckloads of cash flow . Their future cash flow-to-sales ratios should be above sector norms. Return on invested capital ([ROIC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ROIC&selected=ROIC)) ) -- ROIC should exceed the company's cost of capital to ensure that shareholder value is being created and not destroyed.Return on equity ([ROE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ROE&selected=ROE)) ) -- A high ROE indicates that management allocates its capital efficiently and does not spend recklessly to obtain growth.Wide economic moats -- An "economic moat " is a market factor that helps defend the business from its competitors -- for instance, a pharmaceutical company with key patents on a particular class of drugs.One thing is for sure: value investing requires work. You've got to roll up your sleeves and put on your reading glasses. The only way to make a sensible determination on a stock's "real" value is to read every bit of information you can get your hands on -- from the daily business papers to the weekly magazines. You need to keep your eyes on economic data and corporate trends and try to put what you hear and read into context with what you see in the pricing of equities.To get inspriation from some of the world's greatest investors of all time, we highly recommend these other InvestingAnswers articles: The Man Warren Buffett Dubbed a "Superinvestor" and Understanding the Four Pillars of Warren Buffett. a:link {color:#125AD3; } a:visited {color:#125AD3;}[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Nathan SlaughterEditor:Market AdvisorHalf-Priced StocksThe ETF Authority
Stock Price 4 days before: 6.48862
Stock Price 2 days before: 6.19892
Stock Price 1 day before: 5.8319
Stock Price at release: 5.69604
Risk-Free Rate at release: 0.0017
| 5.24713 |
Symbol: CSIQ
Security: Canadian Solar Inc.
Related Stocks/Topics: MRVL|Markets
Title: Friday Winners: Carmike Cinemas, Solarfun, Marvell Semiconductors
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-21 12:38:00
Article: Among the biggest winners in Thursday's early trading are **Marvell Semiconductors (Nasdaq: MRVL)** , **Carmike Cinemas (Nasdaq: CKEC)** and **Solarfun (Nasdaq: SOLF)** . **This Diversified Chip Player Looks Like a Smart Play** Part of the challenge of investing in semiconductor stocks is identifying which areas will see strength and which will see weakness. At certain times, memory-related chips can see hot demand, while communications or networking chips can be out of favor. Or vice-versa. Maybe a better bet is to find stocks that have exposure to all the groups. One can see the benefits of such an approach by looking at the quarterly results released on Thursday from **Marvell Semiconductor (Nasdaq: MRVL)** , which just beat analysts' forecasts. Strong demand for Marvell's wireless chips offset tepid growth for storage and networking chips.More importantly, Marvell is doing a great job of keeping its product line fresh. Sales of newly-designed chips rose +35% sequentially, which enabled the company to garner premium pricing, And that spells margins gains: gross margins rose from 50.6% a year ago to 59.8% in the current quarter.Looking ahead, a rebound in corporate spending on PCs should handsomely benefit Marvell, as the company is a key supplier of chips to the high end disk drive market. Overall, management expects sales to grow another +5% to +9% sequentially in the current quarter. The solid results and outlook are helping push shares up +9% in Friday trading. **Action to Take -->** Look for analysts to push their projected fiscal 2012 EPS forecasts closer to $2 a share. The shares, trade at less than $20, could approach $25 or even $30 once the pall over tech stocks abates.------------------------------------**Carmike Cinemas' Pricing Gambit Lifts Shares, but Watch Out... **Shares of **Carmike Cinemas (Nasdaq: CKEC)** rebounded +12% after falling for six straight sessions. Value investors may be looking for oversold stocks to pursue, but there are better opportunities than this movie theater operator. Simply put, the company is pursuing a risky game by pushing ticket and concession prices sharply higher to boost sales. This is boosting spending per customer, but some are starting to blanch at the high cost: the number of customers in the most recent quarter fell -6% from year earlier levels. Declining traffic led Carmike to recently report quarterly results well below forecasts. That led analysts to sharply cut 2010 profit forecasts, but they left 2011 forecasts, which are sharply higher, intact. Hope springs eternal, but in this case, it's hard to find hope for improving demand when it takes $70 to buy tickets, popcorn and soda for a family of four. That's the price of a monthly cable bill, or four times the price of a monthly subscription to **Netflix (Nasdaq: NFLX)** . **Action to Take -->** In its most recent quarter, Carmike's interest expense wiped out any operating profits the company was able to muster. This theater operator looks more likely to service its debt load than generate real returns for equity holders. Friday's rebound looks like nothing more than a dead cat bounce , and shares should be avoided.------------------------------------**Solar Stocks Rebound** Small-cap solar stocks have been able to buck the market weakness by posting impressive gains during the last few days. As we noted a few days ago, stocks such as **Solarfun (Nasdaq: SOLF)** and **Sunpower (Nasdaq: SPWRA)** appeared to be oversold. After impressive gains on Thursday, Solarfun and **Canadian Solar (Nasdaq: CSIQ)** are up more than +11%, and **Suntech Power ([STP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=STP&selected=STP)) )** is up more than +6%.This whole group continues to trade in an extremely volatile fashion as the negatives (a tough 2010) and positives (a better 2011 and beyond) are weighed. But shares are undeniably cheap, despite Friday's gains, and are likely to see even more strength when the market stabilizes. As investors start to look beyond the near-term negatives associated with pricing and industry capacity, then the group could see a really strong lift. **Action to Take -->** Though not for the faint of heart, solar stocks should move back into favor this summer. Sunpower looks especially appealing at current levels as the company looks set to overcome a high degree of cynicism that growth forecasts can be met. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 13.0659
Stock Price 2 days before: 11.7186
Stock Price 1 day before: 11.5241
Stock Price at release: 13.0069
Risk-Free Rate at release: 0.0017
| 12.1803 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Markets
Title: GoldCore Update: Gold and Dollar Rise as Euro and Equities Under Pressure Again
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-05-24 07:59:00
Article: **Gold** Gold fell 1% on Friday to finish the week with a 4% loss. It rose from $1,179/oz to $1,191/oz in Asian and early European trading this morning before giving up some of those gains. Gold is currently trading at $1,186/oz and in euro and GBP terms, at €955/oz and £822/oz respectively.While gold was down by 4% against the dollar it was down by less against most other currencies and was down by less than most equity indices with the S&P 500 down 4.3% and the Nasdaq down 5%. The euro has fallen against all currencies this morning and this has seen gold and the dollar get a safe haven bid (see Cross Currency Chart). However, with the dollar being the currency of the largest debtor nation in the world, the dollar's safe haven status may be questioned in the coming months. [](http://www.goldcore.com/sites/default/files/editor/goldcore_bloomberg_chart1_24-05-10.PNG) Click on image to view full sizeGold fell 5 days in a row and the recent correction is again being used by investors to buy on the tip. Gold's decline was due primarily to profit taking and liquidation due to a tentative stabilisation in the eurozone debt crisis. However, the eurozone sovereign debt crisis and the risks to the euro itself remain and will remain for the foreseeable future which will see gold stay an important diversification.There is not much in the way of financial or economic data today but traders await the US new home sales figure this afternoon which is expected to show an improvement for a second consecutive month. Should the data be worse than expected - we could see increased risk aversion - especially due to the surprisingly poor economic data of last week.Gold may be receiving a bid due to the increased geopolitical tension between North Korea and South Korea. South Korea is taking punitive measures against North Korea, after their warship was torpedoed, including trade restrictions and seeking UN action against Kim Jong-il's repressive regime. President Obama has directed the US military to coordinate with South Korea to "ensure readiness" and deter future aggression from North Korea, the White House said today.[](http://www.goldcore.com/sites/default/files/editor/goldcore_bloomberg_chart2_24-05-10.PNG) Click on image to view full size** Silver** Silver rose from $17.60/oz to $18.03/oz this morning in Asia and Europe. Silver is currently trading at $17.91/oz, €14.40/oz and £12.41/oz. **Platinum Group Metals** Platinum is trading at $1,530/oz and palladium is currently trading at $450/oz. Rhodium is at $2,675/oz. **News** - Investor Dennis Gartman, publisher of the widely followed Gartman Letter, said he now favors buying gold in British pound and euro terms again. He had exited from positions and moved to the sidelines earlier in the week, although emphasising at the time he remained longer-term bullish in gold in non-dollar terms (Wall Street Journal). - China is tapping its deep well of foreign reserves for overseas resource loans, benefiting banks through a major policy shift . The State Administration of Foreign Exchange ([SAFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFE&selected=SAFE)) ) is leading a policy adjustment that taps China's huge stash of foreign reserves for overseas loans through commercial banks. Under an evolving reform project launched in recent months, SAFE has taken initial steps toward giving policy and commercial banks authority to handle loans for intergovernmental cooperation projects. Major loan-for-oil swaps signed in recent months by China and several other countries marked a coming-out for the new policy. The adjustments are designed to help China diversify its foreign currency assets and provide a channel for some of the US$ 2.4 trillion in reserves held by the central bank (Caixin). - Venezuelan President Hugo Chavez says China plans to help with mining projects in the South American country. The president says Beijing has shown interest in Venezuela's deposits of coltan, a mineral used to make cellular phones and other electronics. He says he gave China a sample for analysis, and now the Asian nation hopes to "help Venezuela exploit the coltan mines." Chavez notes the mineral is also valuable for the space industry and for making missiles. He said during his Sunday broadcast that a visiting team of Chinese experts has also been examining large deposits of iron and gold (Bloomberg). - Speculators are buying gold faster than the world's biggest producers can mine it as analysts forecast a 26 percent rally that may extend the longest run of annual gains since at least 1920. Exchange-traded products backed by bullion added 42.5 metric tons in the week to May 14, the most in 14 months, data from UBS AG show. China, Australia and the 16 other largest mining nations averaged weekly output of 42.3 tons last year, researcher GFMS Ltd. estimates. Even though prices have fallen 4.8 percent to $1,189.75 from a record $1,249.40 an ounce May 14, the median in a Bloomberg survey of 23 traders, analysts and investors shows it will reach $1,500 by the end of the year (Bloomberg). - Those who are looking for a dependable investment in the wake of the worldwide economic crisis may be wise to turn to gold, it has been suggested. Jim Cramer, host of CNBC's Mad Money, says that putting money into the precious metal offers investors the best chance to make money, while protecting against inflation and chaos in the financial markets, Benzinga reports. According to the expert, gold is also a remedy which can counteract or neutralise the risk of deflation, while being dependable in terms of the fact that the yellow metal rises in value as worldwide currencies fall. Mr Cramer adds that because gold is becoming an increasingly scarce resource, it is rising in value. "We just can't find it like we used to," he states. Worldwide currency concerns are leading investors to gold as they lose confidence in the ability of governments to control their economies (World Gold Council). - Thomas Kaplan, the chairman and chief investment officer of Tigris Financial Group, fears excessive government spending has failed to stop contagion in the world financial system, and that the downturn is likely to get worse before it gets any better. In light of the situation, gold is his favorite investment...by far. Few individuals stand to benefit as much as low-profile billionaire Thomas Kaplan from rising gold prices. The New York-born commodities magnate who earned a doctorate in British colonial history at Oxford, Mr. Kaplan oversees an empire devoted largely to gold. Many fund managers and high-rollers have allocated small percentages of their portfolios to gold as a hedge against inflation. But Mr. Kaplan is the bull of bullion. He has gone further than perhaps any other major investor, betting the majority of his $2 billion portfolio on gold (Wall Street Journal).
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0016
| 0 |
Symbol: IMOS
Security: ChipMOS TECHNOLOGIES INC.
Related Stocks/Topics: SIRI|Markets|M|TSEM|AEZS|ACLS
Title: Stock Picks - 12 Hot Penny Stocks to Buy Now
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-05-24 09:29:00
Article: Penny stock picks aren't easy to come by, since these stocks are by nature small cap companies with little coverage. These penny stocks also tend to see red hot volatility, since stock prices can move dramatically even on low volume. But the risks associated with penny stocks and small cap stock trading strategies also come with some really thrilling rewards -- such as the ability for a single penny stock to deliver 50%, 75% or even 100% profits in just a matter of weeks! To help you get your share with a penny stock investment strategy, I've made a list of 12 hot penny stocks to buy this week -- including investment in **Sirius XM Radio Inc.** ([SIRI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SIRI&selected=SIRI)) ), **Vonage Holdings Corp** . ([VG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VG&selected=VG)) ), **Tower Semiconductor Ltd.** ([TSEM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSEM&selected=TSEM)) ), **Joe's Jeans Inc.** ([JOEZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOEZ&selected=JOEZ)) ), just to name a few.I always place a high priority on a stock's fundamental strength. That is, how it has performed in previous earnings reports and how profit and sales forecasts look going forward. These are concrete numbers that let you know in black and white how a stock pick will perform. But penny stocks often aren't covered by analysts on Wall Street so there are no earnings estimates to beat, and very little [stock news](https://www.nasdaq.com/news-and-insights) coverage. That means a hot penny stock must be identified by other means. This can be difficult and a bit of work, depending on your investment strategy, but if done properly it can really pay off. **Related Article: [6 Rules of Penny Stock Trading](http://www.investorplace.com/experts/james_dlugosch/articles/gallery/penny-stock-trading.html)**One thing to look at to identify hot penny stocks to buy is a company's sector. Chances are if the industry is booming, that this hot stock has a better chance to be lifted as well. Right now my trading strategies favor healthcare, telecom and technology the most. That's not to say you can't find a penny stock outside these sectors, but these are the best place to start.Next, I look at buying pressure behind a penny stock -- also known as quantitative pressure, or "quant." Since penny stocks can be volatile and gap up dramatically on low volume, you want to make sure the buying pressure is there to support your purchase. In the absence of any buyers, a penny stock can spiral downward in a hurry since there is no quantitative pressure to support stock prices. It's simple supply in demand -- you want a penny stock with high quant because that signifies more people are buying than selling.Lastly, I look at a stock's fundamentals. Normally I do this first, but as I said it can be tricky for penny stocks since they by nature have smaller sales and profits as a small cap stock and because analyst coverage can be sparse. You also have to have a little perspective when looking at penny stock fundamentals, since these investments are often startups on the verge of big success -- even if they are not wildly profitable right now.Take **Sirius XM** ([SIRI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SIRI&selected=SIRI)) ), for example. The stock hasn't turned a profit in the last fiscal year, and that scares off many penny stock investors. However, SIRI stock is up 70% year-to-date, a sure sign this penny stock has buying pressure! Also, Sirius XM has narrowed its quarterly loss for the last three consecutive earnings reports, and has seen a number of positive earnings revisions to its next report. Sirius appears to be on the resurgence, and that means SIRI stock is one of my favorite hot penny stocks to buy now. **Related Article: [Media Stock Upgrades, Downgrades - SIRI, SNI, TWX, TV, CVC, BSY, IPG, MORN](http://www.investorplace.com/experts/louis_navellier/articles/siri-sirius-xm-twx-time-warner-cvc-cjr-gsol-tv-jrn-lamr-meg-sni-ascma-bsy-ipg-morn-wppgy-stock-upgrade-downgrade.html)** **Vonage Holdings Corp** . ([VG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VG&selected=VG)) ) shares the same attributes of Sirius XM in many respects. Like SIRI stock, VG stock is up dramatically since January 1 -- almost 35% as of today's open, compared with a small decline for the broader market.. Vonage Holdings also has improved its quarterly earnings in each of the last four consecutive reports -- and though there are only two Wall Street analysts covering the stock, it's worth noting that Vonage has blown away estimates by as much as 200% in recent quarters.You get the idea, and hopefully you can understand why I think these are great penny stocks to buy now. So without any further ado, here's the list of my 12 favorite penny stocks as of this week. Each penny stock trades for less than $2, and with the exception of Sirius XM has a market cap of under $400 million.One final note: Remember that you should research each independently before buying to make sure it meets up with your trading strategies, and please use limit orders before purchasing any of these penny stocks. As I have said before, shares can gap up on low volume so you want to protect yourself from overpaying for these penny stocks. And whatever your investment strategy is, keep in mind that while penny stocks can deliver big returns they also come with big risk.As of this writing, Louis Navellier did not own a position in any of these penny stock picks in either personal or client portfolios. ******Related Articles:** - [10 of the Worst Stocks Out There](http://www.investorplace.com/experts/michael_shulman/articles/stocks-to-sell-c-pfe-hov-zlc-fxb.html) - [How to Play the Sell-Off in Precious Metals](http://www.investorplace.com/education/articles/how-to-play-precious-metals-sell-off.html) - [7 Low-Risk Dividend Stocks with High Yields](http://www.investorplace.com/education/gallery/low-risk-dividend-stocks-high-yields-part3.html)
Stock Price 4 days before: 1.75797
Stock Price 2 days before: 1.65428
Stock Price 1 day before: 1.61314
Stock Price at release: 1.61266
Risk-Free Rate at release: 0.0016
| 1.60062 |
Symbol: SVM
Security: Silvercorp Metals Inc.
Related Stocks/Topics: Unknown
Title: Monday Winners: Gentiva Health, Sprint Nextel and SilverCorp Metals
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-24 12:18:00
Article: Among the biggest winners in Monday's early trading are **Gentiva Health (Nasdaq: GTIV)** , **Sprint Nextel ([S](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=S&selected=S)) )** , and **Silvercorp Metals ([SVM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SVM&selected=SVM)) )** . **A Win-Win M&A Deal for Gentiva** It's an unwritten rule on Wall Street that a company's stock will lose roughly the same value as its buyout target gains when a buyout deal is announced. Yet shares of **Gentiva Health (Nasdaq: GTIV)** are up more than +12% after the home health services company agreed to acquire **Odyssey Health (Nasdaq: ODSY)** , which provides hospice care. The deal comes at a curious time: Uncle Sam is closely scrutinizing billing practices by firms that provide home-based health care, and many suspect that cost containment pressures will cause reimbursement rates in this area to fall. In fact, Gentiva had been expected to post a drop in profits next year as rates drop. Yet investors are betting that the long-term aging of our population will be a powerful macro tailwind for the group, as many senior citizens are opting to live out their years at home rather than in senior care facilities.The deal is also appealing as it should boost profits for Gentiva fairly quickly, even after accounting for the planned $1.1 billion in increased debt being raised to pay for the deal. The combined entity should generate roughly $1.8 billion in annual sales, and have roughly 6% of the hospice market, second only to privately-held Vitas. A key consideration will be the interest rate that Gentiva will need to pay on that new debt. If bonds are priced at junk levels, then the interest expense could eat up most of the anticipated savings.Lastly, shares of Tenet Healthcare **([THC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=THC&selected=THC)) )** are gaining +5% on Monday as investors seek other plays in this consolidating industry. But Tenet carries more than $4 billion in debt, and would probably be a difficult acquisition to swallow. **Action to Take -->** Likely pressure on reimbursement rates will be offset by favorable demographic trends for Gentiva Health. Netting it out, this is a low-growth business that appears fully-valued after today's double-digit gain. **Sprint Nextel Higher on Analyst Commentary** Shares of **Sprint Nextel ([S](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=S&selected=S)) )** are up more than +8% to around $4.80 on the heels of positive analyst commentary. Sprint has badly trailed its wireless rivals in terms of customer satisfaction and organic growth. In the face of declining market share and ample capacity on its wireless network, Sprint decided to enter into the cut-throat prepaid wireless market, and is also backing **Clearwire (Nasdaq: CLWR)** , which aims to conquer the high-speed 4G wireless network. Analysts have become increasingly positive on the stock, noting that recent trends indicate that management's plans are starting to pay off. **Goldman Sachs ([GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS)) )** boosted its target price from $3.50 to $6, citing an expected drop in the number of defecting subscribers, known as churn. And with more customers staying in the fold, that should boost Sprint's earnings before interest, tax, depreciation and amortization (EBITDA) to around $6.2 billion by 2012. That's a gutsy call. Right now, EBITDA continues to fall, from $7.7 billion in 2008 to $6.4 billion last year to an expected $5.8 billion this year.Investors need to be on the lookout for eventual price wars in the wireless space. If Sprint Nextel is able to lower its churn rate and actually pick up some market share thanks to that 4G push, then rivals like **Verizon Wireless ([VZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VZ&selected=VZ)) )** will look to be more competitive on price. And that's bad news for everyone except the consumer. In addition, **Google (Nasdaq: GOOG)** is trying to upend the entire wireless business model with its Android phones by ending long-term contracts, and possibly looking to secure lower-cost Wi-Fi style bandwidth. The industry has been roiled by Google comments in the past that consumers pay too much for their wireless services. **Action to Take -->** Analysts are correct in noting that Sprint Nextel appears fairly cheap in relation to its EBITDA generating capabilities. But this is a brutal business, and any gains in the past for Sprint Nextel have been met by profit-sapping competitive responses. Today's spike in the stock may not last, and you may be able to pick up shares more cheaply down the road once those competitive factors again come into play. **Stronger Silver Prices boost Silvercorp** The recent economic concerns that have been weighing on the market have also pressured prices for silver - which is seen as both an industrial commodity as well as an inflation hedge . Silver fetched nearly $20 an ounce two weeks ago, but has lost more than -10% of its value since then. With the market stabilizing on Monday, silver prices appear to be on the mend. And that's pushing up shares of **Silvercorp Metals ([SVM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SVM&selected=SVM)) )** and **Silver Wheaton ([SLW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SLW&selected=SLW)) )** higher by +8%, and +4%, respectively.Both firms have reputations as low-cost producers and should boost profits on the back of rising silver prices -- if the global economy doesn't lose its moorings. **Action to Take -->** Although gold and gold stocks dominate the precious metals headlines, the silver stocks also have plenty of luster.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 6.59
Stock Price 2 days before: 6.70736
Stock Price 1 day before: 6.70517
Stock Price at release: 7.25496
Risk-Free Rate at release: 0.0016
| 6.86368 |
Symbol: AMSC
Security: American Superconductor Corporation
Related Stocks/Topics: Markets|DELL|SCHW|AGO|MSFT|CAT|SWN|WEN|EWZ|PG|DEER
Title: Stocks to Avoid and Stocks to Take a Look at in this Downturn
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-25 01:17:00
Article: Absent a bullish press release, virtually every stock is taking it on the chin right now. There is no safe haven in large companies or small ones, value stocks or growth stocks. This is what happens in brutal markets. Buyers go on strike and sellers rule the day. But when the selling pressure abates, savvy investors are quick to rebuild positions in names that didn't deserve such a beating in the first place.Of course, some companies, sectors and funds have plenty to fear from a possibly growing European contagion. For example, the **Russia Market Vectors Exchange-Traded Fund ([RSX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RSX&selected=RSX)) )** is off nearly -6% today and is down by more than a third since mid-April. The Russian economy is increasingly tied to European economies, and as the crises of 1998 and 2008 showed, the Russian economy can fall off the rails pretty quickly. But is there a similar justification for the -25% pummeling taken by the **iShares Brazil ETF****([EWZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EWZ&selected=EWZ)) )** in recent weeks? Not at all. Brazil has solid finances, a growing economy and has a much higher exposure to Latin America, which is increasingly becoming a self-sufficient continent, focused more on neighboring economies than on Europe.Looking at U.S. stocks, investors should be much more concerned about the large cap names, many of which generate 30% or 40% of their sales in Europe. Smaller companies -- those with a market value below $1 billion -- typically lack the muscle to have a large foreign presence. Then again, investors tend to stick with the bigger names in market routs as they offer greater perceived safety. Yet if the market simply becomes stagnant and remains at current levels, investors may start to wade back into the smaller stocks that are primarily focused on the U.S economy. And as a series of government reports are expected to show this week, the U.S. economy is starting to glide back on to a sustainable growth path. **Action to Take -->** Stress-test your portfolio, and think about ways to reduce your exposure to Europe. Key exporters such as **Caterpillar ([CAT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAT&selected=CAT)) )** , consumer names like **Procter & Gamble ([PG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PG&selected=PG)) )** and large tech names like **Microsoft (Nasdaq: MSFT)** will all feel the pain if Europe slips back into recession - especially when you consider the stresses on many European banks that are ill-prepared for yet another period of economic contraction. Another concern for these U.S. big caps is their currency exposure. Look for downward revisions to earnings estimates as analysts start to incorporate the impact of a weaker euro.It's tempting to chase the stocks that have been unfairly tarnished in this rout. But know that stocks can fall further before they rebound, so proceed cautiously. Names on my radar include companies that are more exposed to the healthier U.S. and Asian economies.They include: **Charles Schwab (Nasdaq: SCHW)** , **Southwest Energy ([SWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SWN&selected=SWN)) )** , **American Superconductor (Nasdaq: AMSC)** , **Assured Guaranty ([AGO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AGO&selected=AGO)) )** , **Deer Consumer Products (Nasdaq: DEER)** , **DryShips (Nasdaq: DRYS)** , **Wendy's ([WEN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WEN&selected=WEN)) )** , **DirecTV ([DTV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DTV&selected=DTV)) )** and **Dell (Nasdaq: DELL)** . All of these stocks have been pulled south in the market sell-off, but still sport nice growth prospects or rock-bottom valuations. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 28.0711
Stock Price 2 days before: 28.9546
Stock Price 1 day before: 28.95
Stock Price at release: 28.6158
Risk-Free Rate at release: 0.0016
| 30.0395 |
Symbol: CBRL
Security: Cracker Barrel Old Country Store, Inc.
Related Stocks/Topics: BP|Markets|GS|PNC|MDT|FCX|CLF|X
Title: Market Wrap-Up for May 25 (CBRL, PNC, GS, X, FCX, SAFM, more)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-05-25 04:28:00
Article: The market sliced through the Dow 10k level at the start of the day, but we did see buyers put some money to work under the psychological level and by the close, we got back over it.We made some more adjustments (be sure to check the link below if you did not read the e-mail alert we sent out earlier today) to our recommended list as we continue to maneuver and position the Best Dividend Stocks list in the best way to outperform going forward. We removed some well-known names today, but that is part of investing. We try to keep the best names we believe are worth considering for investors that are looking to put capital to work. Names that are removed no longer qualify as names we would look to initiate or add to a current position. Lots of headlines today, from global economic concers, trouble with North Korea, and the BP Plc ([BP](http://www.dividend.com/dividend-stocks/basic-materials/major-integrated-oil-and-gas/bp-bp-plc/)) ) oil slick disaster that continues to fester. Commodity plays were dragging things down early, but some of the larger players came back from oversold levels to close higher. They included Freeport McMoran ([FCX](http://www.dividend.com/dividend-stocks/basic-materials/copper/fcx-freeport-mcmoran/)) ) , U.S. Steel ([X](http://www.dividend.com/dividend-stocks/industrial-goods/metal-fabrication/x-us-steel/)) ) , and Cliffs Natural Resources ([CLF](http://www.dividend.com/dividend-stocks/basic-materials/steel-and-iron/clf-cliffs-natural-resources-inc/)) ) . Financials were also trailing the action, but companies like Goldman Sachs ([GS](http://www.dividend.com/dividend-stocks/financial/investment-brokerage-national/gs-goldman-sachs/)) ) and PNC Financial ([PNC](http://www.dividend.com/dividend-stocks/financial/money-center-banks/pnc-pnc-financial/)) ) got rolling to finish in the green. Earnings results did weigh down companies like Cracker Barrel ([CBRL](http://www.dividend.com/dividend-stocks/services/restaurants/cbrl-cracker-barrel/)) ) , Sanderson Farms ([SAFM](http://www.dividend.com/dividend-stocks/consumer-goods/meat-products/safm-sanderson-farms/)) ) and Medtronic ([MDT](http://www.dividend.com/dividend-stocks/healthcare/medical-appliances-and-equipment/mdt-medtronic/)) ) .Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 47.5178
Stock Price 2 days before: 48.8579
Stock Price 1 day before: 48.847
Stock Price at release: 49.0633
Risk-Free Rate at release: 0.0016
| 47.9772 |
Symbol: SCM
Security: Stellus Capital Investment Corporation
Related Stocks/Topics: WMT|Markets|PG
Title: Stocks vs. Bonds on Steroids
Type: News
Publication: SeekingAlpha
Publication Author: Unknown
Date: 2010-05-25 06:39:00
Article: ** [Wade Slome](http://investingcaffeine.com/) submits:**With all the spooky headlines in the news today, it's no wonder everyone is piling into bonds. The Investment Company Institute (([ICI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ICI&selected=ICI)) )), which tracks mutual fund data, showed -88% of the $14 billion in [weekly outflows](http://www.reuters.com/article/idUSN1914491820100519?type=marketsNews) came from equity funds relative to bonds and hybrid securities. With the masses flocking to bonds, it's no wonder yields are hovering near multi-decade historical lows. Stocks on the other hand are the Rodney Dangerfield ([see Doug Kass's Triple Lindy attempt](http://investingcaffeine.com/2009/06/22/kass-attempts-the-triple-lindy/)) ) of the investment world - they get "no respect." By flipping stock metrics upside down, we will explore how hated stocks can become the beloved on steroids, if viewed in the proper context. **Davis on Debt Discomfort** Chris Davis, head of the $65 billion in assets at the Davis Funds, believes like I do that navigating the "bubblicious" bond market will be a treacherous task in the coming years. Davis directly states, In the short-run, inflation is not a real worry, but it if you consider the exploding deficits coupled with the exceedingly low interest rates, bond investors are faced with a potential recipe for disaster. Propping up the value of the dollar due to sovereign debt concerns in Greece (and greater Europe) has contributed to lower Treasury rates too. There's only one direction for interest rates to go, and that's up. Since the direction of bond prices move the opposite way of interest rates, mean reversion does not bode well for long-term bond holders. **Earnings Yield: The Winning Formula** Average investors are freaked out about the equity markets and are unknowingly underestimating the risk of bonds. Investors would be in a better frame of mind if they listened to Chris Davis. In comparing stocks and bonds, Davis says,Humans are emotional creatures and can find this a difficult chore. What us finance nerds learn through instruction is that the price of a bond can be derived by discounting future interest payments and principal back to today. The same concept applies for dividend paying stocks - the value of a stock can be determined by discounting future dividends back to today.A favorite metric for stock jocks is the P/E (Price-Earnings) ratio, but what many investors fail to realize is that if this common ratio is flipped over (E/P) then one can arrive at an earnings yield, which is directly comparable to dividend yields (annual dividend per share/price per share) and bond yields (annual interest/bond price).Earnings are the fuel for future dividends, and dividend yields are a way of comparing stocks with the fixed income yields of bonds. Unlike virtually all bonds, stocks have the ability to increase dividends (the payout) over time - an extremely attractive aspect of stocks. For example, Procter & Gamble ([PG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PG&selected=PG)) ) has increased its dividend for 54 consecutive years and Wal-Mart ([WMT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WMT&selected=WMT)) ) 37 years - that assertion cannot be made for bonds.As stock prices drop, the dividend yields rise - the bond dynamics have been developing in reverse (prices up, yields down). With S&P 500 earnings catapulting upwards +84% in Q1 and the index trading at a very reasonable 13x's 2010 operating earnings estimates, stocks should be able to outmuscle bonds in the medium to long-term (with or without steroids). There certainly is a spot for bonds in a portfolio, and there are ways to manage interest rate sensitivity (duration), but bonds will have difficulty flexing their biceps in the coming quarters.[Read the full article on Chris Davis's bond and earnings yield comments](http://www.foxbusiness.com/story/stocks-safer-bonds-manager-says/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+foxbusiness%2Flatest+%28Text+-+Latest+News%29&utm_content=Google+Reader) ***Disclosure:** Sidoxia Capital Management (([SCM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCM&selected=SCM)) )) and some of its clients own certain exchange traded funds and WMT, but at the time of publishing SCM had no direct positions in PG, or any other security referenced in this article. No information accessed through the Investing Caffeine (([IC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IC&selected=IC)) )) website constitutes investment, financial, legal, tax or other advice nor is to be relied on in making an investment or other decision.See also [Cramer's Lightning Round - One of the Worst Stocks in the Dow (6/9/10)](http://seekingalpha.com/article/209378-cramer-s-lightning-round-one-of-the-worst-stocks-in-the-dow-6-9-10?source=nasdaq) on seekingalpha.com
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0016
| 0 |
Symbol: CBRL
Security: Cracker Barrel Old Country Store, Inc.
Related Stocks/Topics: CBOE|Markets|DCI|MDT|AZO|NTAP|SPX
Title: Opening View: DJIA, SPX Plummet Toward February Lows; VIX Could Hit 50
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-05-25 07:50:00
Article: Monday's late-session sell-off on the Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) appears to have been merely a prelude to today's plunge. The DJIA traded between 10,200 and 10,100 for much of Monday, only to plummet to within 70 points of the 10,000 level by the close. Heading into the open this morning, DJIA futures are trading some 225 points below fair value, indicating that the blue-chip barometer could open at or below its February low of 9,835. Meanwhile, futures on the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) are trading more than 30 points below fair value, potentially placing the SPX below its February low of 1,044. If these levels fail to hold, the next area of support for the DJIA lies near 9,700, while the SPX could find buyers near 1,030 - home to the market's October 2009 lows. Finally, VIX watchers will want to keep a close eye on the 50 level, as the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) could make a beeline for this round-number level.In equity news, EMC Corp. ([EMC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EMC&selected=EMC)) ) was downgraded to "neutral" from "overweight" at JPMorgan Chase, while the brokerage firm upgraded NetApp ([NTAP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTAP&selected=NTAP)) ) to "overweight" from "neutral." The firm noted that NetApp provided a "more seamless and cost-effective approach to implementing server virtualization." As for EMC, JPMorgan stated that the company doesn't have a lot of "upside potential to top- and bottom-line growth." In earnings news, Sanderson Farms Inc. ([SAFM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFM&selected=SAFM)) ) posted a profit of $35.1 million, or $1.62 per share, as revenue rose 14% to $487.1 million. "Demand for chicken at retail grocery stores remains strong and the ongoing issues we and our industry face in export markets have not yet significantly disrupted the markets," said CEO Joe Sanderson.Finally, Donaldson Co. ([DCI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DCI&selected=DCI)) ) reported a third-quarter net income of $49.5 million, or 62 cents per share. Revenue increased 20% to $497.6 million. Analysts estimated a quarterly profit of 59 cents per share on revenue of $477.1 million. **Earnings Preview** On the earnings front, AutoZone Inc. ([AZO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AZO&selected=AZO)) ), Cracker Barrel Old Country Store Inc. ([CBRL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBRL&selected=CBRL)) ), Medtronic Inc. ([MDT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MDT&selected=MDT)) ), Trina Solar Limited ([TSL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSL&selected=TSL)) ), and TiVo Inc. ([TIVO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TIVO&selected=TIVO)) ) are slated to release their quarterly earnings reports. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar** [GDP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GDP&selected=GDP)**Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 1,232,396 call contracts traded on Monday, compared to 792,605 put contracts. The resultant single-session put/call ratio arrived at 0.64, while the 21-day moving average rose to 0.66. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100525ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100525ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher. ** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100525ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading is imploding, as none of the 10 foreign indexes that we track are in positive territory. Furthermore, the cumulative average return on the collective stands at a loss of 2.95%. In Asia, stocks plunged on concerns that the euro zone's troubles might spread. Meanwhile, regional indexes in Europe plunged to nine-month lows for similar reasons after the Bank of Spain took over a small savings bank over the weekend. Nervousness in the euro zone was exacerbated by heightened geopolitical tensions in Korea after the North Korean leader Kim Jong-il ordered his military to be on combat footing. Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100525ov4.gif)**Currencies and Commodities** Fear of the plunge in global equities is driving investors into the perceived safe haven of the U.S. dollar this morning. At last check, the U.S. Dollar Index had soared 1.26% higher to 87.30. With the greenback in rally mode, most commodities are trading sharply lower. Specifically, crude futures are down $2.37 at $67.84 per barrel, while gold futures have dropped $5.50 to trade at $1,188.50 an ounce in London. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100525ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100525ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100525ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 47.5178
Stock Price 2 days before: 48.8579
Stock Price 1 day before: 48.847
Stock Price at release: 49.0633
Risk-Free Rate at release: 0.0016
| 47.9772 |
Symbol: CBRL
Security: Cracker Barrel Old Country Store, Inc.
Related Stocks/Topics: Markets
Title: Cracker Barrel Raises Outlook as Q3 Results Beat View (CBRL)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-05-25 08:43:00
Article: Restaurant and retail concept operator Cracker Barrel Old Country Store, Inc. ([CBRL](http://www.dividend.com/dividend-stocks/services/restaurants/cbrl-cracker-barrel/)) ) on Tuesday posted a better-than-expected third quarter profit and raised its full-year outlook.The Lebanon, TN-based company reported fiscal third quarter net income of $14.4 million, or 62 cents per share, compared with $11.9 million, or 53 cents per share, in the year-ago period. Revenue rose 2% from last year, to $578.2 million.On average, Wall Street analysts expected a smaller profit of 58 cents per share, on slightly lower revenue of $577.3 million.Looking ahead, the company raised its full-year outlook to a range of $3.50 to $3.60 per share, up from a prior forecast of $3.35 to $3.50 per share. Analysts currently expect $3.53 per share for the year.Cracker Barrel shares were mostly flat in premarket trading Tuesday. **The Bottom Line** Shares of CBRL have a dividend yield of 1.60%, based on last night's closing stock price of $50.01. The stock has technical support in the $45-$46 price area. The stock is currently trading near all-time highs of $53 a share. We would remain on the sidelines for now, but we will be watching the stock closely.Cracker Barrel Old Country Store, Inc. ([CBRL](http://www.dividend.com/dividend-stocks/services/restaurants/cbrl-cracker-barrel/)) ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 47.5178
Stock Price 2 days before: 48.8579
Stock Price 1 day before: 48.847
Stock Price at release: 49.0633
Risk-Free Rate at release: 0.0016
| 47.9772 |
Symbol: SAGE
Security: Sage Therapeutics, Inc.
Related Stocks/Topics: Markets
Title: India in talks to bring Iran gas via Arabian Sea
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-05-25 09:48:00
Article: **NEW DELHI (Commodity Online) :** In an attempt to bypass the dangerous routes in Pakistan, India and Iran are discussing building a gas pipeline between the two countries along the bed of the Arabian Sea.According to South Asia Gas Enterprise Private Ltd ([SAGE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAGE&selected=SAGE)) ), "The carrying capacity of the gas pipeline's first leg will total 31 billion cu m annually, with the cost of construction estimated at $4 billion" SAGE said, India and Iran were discussing the delivery of natural gas produced in Turkmenistan with Indian assistance to north Iran while Iran will send natural gas from its southern deposits to Indian consumers.India had discussed the project with Teheran and Ashgabat and received their backing, SAGE said. Turkmen President Gurbanguly Berdymukhamedov will visit India soon to discuss the project in detail.Under the project being worked on by SAGE, the gas pipeline will be 1,100 km (684 miles) long. The submersible part of the pipeline will start from the Iranian port city of Chabahar and will deliver gas to consumers in the Indian state of Gujarat.According to SAGE, international investors will also finance the expensive gas pipeline project. In particular, Italian companies have expressed their readiness to join the project.India, Iran and Pakistan have been discussing the project of building a gas pipeline between the three countries for the past three years. However, the negotiations have dragged on due to the worsening of relations between India and Pakistan.
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0016
| 0 |
Symbol: GNK
Security: Genco Shipping & Trading Limited
Related Stocks/Topics: Markets
Title: Trader looks for Genco to bounce
Type: News
Publication: optionMONSTER
Publication Author: Unknown
Date: 2010-05-25 12:27:00
Article: Genco Shipping & Trading appears to be finding support at a key level, and one trader is looking for a bounce.optionMONSTER's tracking systems detected heavy selling of the July 17.50 puts for $1.55 and buying of the June 18 calls for $1.50 to $1.60. In excess of 2,300 contracts traded in each strike, and volume was more than triple open interest. [GNK Chart](http://www.optionmonster.com/cms/commentary/images/gnk525.png) GNK fell 2.83 percent to $18.18 in afternoon trading and is down 20 percent in the last month. The shipper of dry bulk goods such as iron ore, coal, and grain has been clinging to the $18.30 level where it bottomed in September and again in February.Today's option trade reflects confidence that further losses are unlikely and is designed to leverage a rebound. The investor used the income from selling puts to buy the calls, resulting in a minimal initial outlay. He or she chose to sell July puts to generate extra premium, another example of how investors can use options to craft a strategy to match specific expectations for how a stock will trade.GNK's earnings fell the last time it reported results on May 3 after shipping rates fell and expenses rose. The stock has come under pressure along with emerging-market and industrial-metal stocks as investors pooh-pooh hopes of a stronger global economy.Overall options volume in the name is triple the daily average so far today.(Chart courtesy of tradeMONSTER) Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
Stock Price 4 days before: 19.2588
Stock Price 2 days before: 19.1286
Stock Price 1 day before: 19.0229
Stock Price at release: 18.2936
Risk-Free Rate at release: 0.0016
| 15.9097 |
Symbol: BZH
Security: Beazer Homes USA, Inc.
Related Stocks/Topics: DHI|Markets|KBH
Title: Why Homebuilder Stocks Prices Lack Structural Support
Type: News
Publication: SeekingAlpha
Publication Author: Unknown
Date: 2010-05-25 12:36:00
Article: ** [The Numbers Guys](http://www.thenumbersguys.com/) submits:**To understand why the public homebuilders have no business trading at their current prices, one needs to look no further than their price to earnings (([PE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PE&selected=PE)) )) ratio. As most public homebuilders haven't reached profitability on a trailing twelve month basis for over two years, their current price to earnings ratio has been incalculable and useless.However, as these builders slowly make their way back to positive earnings and exude excitement from unknowing investors that believe they are buying at the bottom, it is important to look at where we have been to help figure out where we might be going. When profitable, most public homebuilders traded at similar PE ratios. During the period from 2000 through 2006, arguably the strongest period of growth in the housing industry, homebuilder PE multiples were generally just below 10x on a Trailing Twelve Month (([TTM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TTM&selected=TTM)) )) basis and 8x on a Forward Twelve Month (([FTM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FTM&selected=FTM)) )) basis.Assuming those multiples are the norm for the industry, how long will it take these builders to get the earnings to catch up with the price?This is not likely to happen anytime soon. **Methodology** Our approach started with the premise that homebuilders' stocks should eventually get back to trading at historical PE multiples of 8x (on a FTM basis). We developed a simple financial model to determine what improvements in home closings and average sales prices need to occur in order for homebuilder's earnings to make sense in light of current share prices.We performed this analysis on the top publicly-traded homebuilders ([[BZH]], [[DHI]], [[HOV]], [[KBH]], [[LEN]], [[MDC]], [[MTH]], [[PHM]], [[RYL]], [[SPF]], [[TOL]]), but have chosen to highlight two builders for this article, DR Horton ([DHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DHI&selected=DHI)) ) and KB Homes ([KBH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KBH&selected=KBH)) ). While there are many variables that could be adjusted, the fact is closings and the average sales prices are going to be the primary drivers for homebuilder earnings improvement going forward.Most builders have already shaved their overhead as far as they can. Therefore, inherent in our analysis is that selling, general & administrative (SG&A) expenses will remain at current levels going forward, and staffing levels and advertising, will be adequate to handle the increase in volume (we know this is conservative and borderline funny, however we had to start somewhere). The only portion of selling and marketing costs that we assumed to be variable are commissions since they are directly tied to the sale of a home. As a result, SG&A, which is currently running in the high teens as a percentage of revenues for most homebuilders today and actually higher for several others, with the exception of DR Horton, should decline to approximately 10% of revenues in the future. This is a pretty conservative level as only DR Horton would consistently achieve an SG&A level of 10% of revenues in the "good old days."We also assumed that gross margins in the future will be in the 22-25% range, excluding the impact of impairments. Currently, when you exclude impairments, the homebuilders, as a group, are selling homes at approximately 16%.Historically, builders that operated in the high growth areas of California and Florida would expect to see margins in the high 20% range, and those that operated in the lower growth regions would expect to see gross margins in the high teens. On a blended average, 20-25% has historically been a reasonable goal of most homebuilders.Additionally, we assumed that financing would be available to fund any additional growth. Further, as these results are expected to happen a few years down the road, we assumed they would be tax payers at a rate of 35%. **Results** - DR Horton DR Horton would need to achieve a target EPS of $1.59, or $533 million of net income, assuming an 8x PE multiple based on their approximate 318 million shares outstanding to support their current stock price of $12.70. Given their current trailing 12 months of closings and average sales price in backlog, DR Horton would need to grow their revenues to $6.7 billion or approximately 70% from today's current pace. In order to hit this level, we assumed that they would need to grow their unit closings by 50% and raise their average sales price 15%. If DR Horton could increase their average sales price 4% per year and grow closings 15% per year, they would achieve an EPS of $1.59 in just less than 4 years.This also assumes that their SG&A which currently is at 14.4% of revenues would decline to 9.5% and their gross margin, which is currently at 18%, would improve to 23%. As a point of reference, DR Horton was running SG&A at 9-10% of revenues during their peak earnings years. - KB Homes KB Homes, would need to achieve a target EPS of $1.98, or $153 million in net income, assuming an 8x multiple based on their approximate 77 million shares outstanding to support their current stock price of $15.85. Given their current pace of home closings and their average sales price in backlog contracts, KB Homes would need to grow their revenues to $2.9 billion or approximately 80% from today's pace.In order to hit this level we assumed they would need to grow their unit closings by 50% and raise their average sales price by 20%. If KB Homes could increase their average sales price by 4% per year and grow closings 10% per year, they would achieve an EPS of $1.98 in just over 4 years.This also assumes that their SG&A would decline to 12.5% from their current level of approximately 17% and their gross margin, which is currently at 18.8%, would improve to 23%. As a point of reference, KB Homes was running SG&A at 12-13% of revenues during their peak earnings years. **Conclusion** Our assumption for the annual growth rate of closings for most builders ranges from 10-15%. During the early 2000's, annual growth rates for housing starts and new home sales ranged from 7-12%. However, the economic climate was much more favorable during this earlier time period. Further, most homebuilders are still showing declines in unit closings, with only Beazer ([BZH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BZH&selected=BZH)) ) and DR Horton producing YOY increases for their most recent quarters.Our assumption for annual average sales price increases is 4%, while many economists are predicting less than 4% annual increases over the next four years. Actual growth in closings and sales price appreciation will be impacted by the overhang of foreclosures and shadow inventory which continues to depress the level of housing starts and mortgage applications. As a result, we believe that 4 years appears to be a reasonably conservative estimate for DR Horton, KB Homes and the other public builders to achieve a level of earnings that would warrant trading at their current stock prices.The real issue isn't whether homebuilders will ever get back to these earnings levels, but rather when will they. If that 'when' is in 4 years, then why invest in these homebuilders at the current price levels today?**Disclosure:** No positionsSee also [How the Market Is Functioning Like a Sifting Machine](http://seekingalpha.com/article/206922-how-the-market-is-functioning-like-a-sifting-machine?source=nasdaq) on seekingalpha.com
Stock Price 4 days before: 5.17
Stock Price 2 days before: 5.01084
Stock Price 1 day before: 5.07435
Stock Price at release: 4.73166
Risk-Free Rate at release: 0.0016
| 4.11571 |
Symbol: BZH
Security: Beazer Homes USA, Inc.
Related Stocks/Topics: DHI|Markets|KBH
Title: Why Homebuilder Stock Prices Lack Structural Support
Type: News
Publication: SeekingAlpha
Publication Author: Unknown
Date: 2010-05-25 12:36:00
Article: ** [The Numbers Guys](http://www.thenumbersguys.com/) submits:**To understand why the public homebuilders have no business trading at their current prices, one needs to look no further than their price to earnings (([PE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PE&selected=PE)) )) ratio. As most public homebuilders haven't reached profitability on a trailing twelve month basis for over two years, their current price to earnings ratio has been incalculable and useless.However, as these builders slowly make their way back to positive earnings and exude excitement from unknowing investors that believe they are buying at the bottom, it is important to look at where we have been to help figure out where we might be going. When profitable, most public homebuilders traded at similar PE ratios. During the period from 2000 through 2006, arguably the strongest period of growth in the housing industry, homebuilder PE multiples were generally just below 10x on a Trailing Twelve Month (([TTM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TTM&selected=TTM)) )) basis and 8x on a Forward Twelve Month (([FTM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FTM&selected=FTM)) )) basis.Assuming those multiples are the norm for the industry, how long will it take these builders to get the earnings to catch up with the price?This is not likely to happen anytime soon. **Methodology** Our approach started with the premise that homebuilders' stocks should eventually get back to trading at historical PE multiples of 8x (on a FTM basis). We developed a simple financial model to determine what improvements in home closings and average sales prices need to occur in order for homebuilder's earnings to make sense in light of current share prices.We performed this analysis on the top publicly-traded homebuilders ([[BZH]], [[DHI]], [[HOV]], [[KBH]], [[LEN]], [[MDC]], [[MTH]], [[PHM]], [[RYL]], [[SPF]], [[TOL]]), but have chosen to highlight two builders for this article, DR Horton ([DHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DHI&selected=DHI)) ) and KB Homes ([KBH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KBH&selected=KBH)) ). While there are many variables that could be adjusted, the fact is closings and the average sales prices are going to be the primary drivers for homebuilder earnings improvement going forward.Most builders have already shaved their overhead as far as they can. Therefore, inherent in our analysis is that selling, general & administrative (SG&A) expenses will remain at current levels going forward, and staffing levels and advertising, will be adequate to handle the increase in volume (we know this is conservative and borderline funny, however we had to start somewhere). The only portion of selling and marketing costs that we assumed to be variable are commissions since they are directly tied to the sale of a home. As a result, SG&A, which is currently running in the high teens as a percentage of revenues for most homebuilders today and actually higher for several others, with the exception of DR Horton, should decline to approximately 10% of revenues in the future. This is a pretty conservative level as only DR Horton would consistently achieve an SG&A level of 10% of revenues in the "good old days."We also assumed that gross margins in the future will be in the 22-25% range, excluding the impact of impairments. Currently, when you exclude impairments, the homebuilders, as a group, are selling homes at approximately 16%.Historically, builders that operated in the high growth areas of California and Florida would expect to see margins in the high 20% range, and those that operated in the lower growth regions would expect to see gross margins in the high teens. On a blended average, 20-25% has historically been a reasonable goal of most homebuilders.Additionally, we assumed that financing would be available to fund any additional growth. Further, as these results are expected to happen a few years down the road, we assumed they would be tax payers at a rate of 35%. **Results** - DR Horton DR Horton would need to achieve a target EPS of $1.59, or $533 million of net income, assuming an 8x PE multiple based on their approximate 318 million shares outstanding to support their current stock price of $12.70. Given their current trailing 12 months of closings and average sales price in backlog, DR Horton would need to grow their revenues to $6.7 billion or approximately 70% from today's current pace. In order to hit this level, we assumed that they would need to grow their unit closings by 50% and raise their average sales price 15%. If DR Horton could increase their average sales price 4% per year and grow closings 15% per year, they would achieve an EPS of $1.59 in just less than 4 years.This also assumes that their SG&A which currently is at 14.4% of revenues would decline to 9.5% and their gross margin, which is currently at 18%, would improve to 23%. As a point of reference, DR Horton was running SG&A at 9-10% of revenues during their peak earnings years. - KB Homes KB Homes, would need to achieve a target EPS of $1.98, or $153 million in net income, assuming an 8x multiple based on their approximate 77 million shares outstanding to support their current stock price of $15.85. Given their current pace of home closings and their average sales price in backlog contracts, KB Homes would need to grow their revenues to $2.9 billion or approximately 80% from today's pace.In order to hit this level we assumed they would need to grow their unit closings by 50% and raise their average sales price by 20%. If KB Homes could increase their average sales price by 4% per year and grow closings 10% per year, they would achieve an EPS of $1.98 in just over 4 years.This also assumes that their SG&A would decline to 12.5% from their current level of approximately 17% and their gross margin, which is currently at 18.8%, would improve to 23%. As a point of reference, KB Homes was running SG&A at 12-13% of revenues during their peak earnings years. **Conclusion** Our assumption for the annual growth rate of closings for most builders ranges from 10-15%. During the early 2000's, annual growth rates for housing starts and new home sales ranged from 7-12%. However, the economic climate was much more favorable during this earlier time period. Further, most homebuilders are still showing declines in unit closings, with only Beazer ([BZH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BZH&selected=BZH)) ) and DR Horton producing YOY increases for their most recent quarters.Our assumption for annual average sales price increases is 4%, while many economists are predicting less than 4% annual increases over the next four years. Actual growth in closings and sales price appreciation will be impacted by the overhang of foreclosures and shadow inventory which continues to depress the level of housing starts and mortgage applications. As a result, we believe that 4 years appears to be a reasonably conservative estimate for DR Horton, KB Homes and the other public builders to achieve a level of earnings that would warrant trading at their current stock prices.The real issue isn't whether homebuilders will ever get back to these earnings levels, but rather when will they. If that 'when' is in 4 years, then why invest in these homebuilders at the current price levels today?**Disclosure:** No positionsSee also [Timber! Lumber Prices Hitting the Ground](http://seekingalpha.com/article/209737-timber-lumber-prices-hitting-the-ground?source=nasdaq) on seekingalpha.com
Stock Price 4 days before: 5.17
Stock Price 2 days before: 5.01084
Stock Price 1 day before: 5.07435
Stock Price at release: 4.73166
Risk-Free Rate at release: 0.0016
| 4.11571 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Markets
Title: EUR: What Can Policymakers Do?
Type: News
Publication: Unknown
Publication Author: Unknown
Date: 2010-05-26 01:23:00
Article: **TODAY'S BIGGEST PERCENTAGE MOVERS** EUR/JPY [Image](http://www.fx360.com/images/direction_down_small.png)-219 pips-1.97%EUR/USD [Image](http://www.fx360.com/images/direction_down_small.png)-200 pips-1.62%NZD/JPY [Image](http://www.fx360.com/images/direction_down_small.png)-89 pips-1.47%**THE STORIES IN THE CURRENCY MARKET** - [EUR: WHAT CAN POLICYMAKERS DO?](http://www.fx360.com/#headline01) - [WHAT CHINA SEES IN THE DOLLAR](http://www.fx360.com/#headline02) - [GBP/USD: OECD WANTS A HIKE THIS YEAR](http://www.fx360.com/#headline03) - [AUD/USD: RALLIES UNABLE TO TRANSPIRE](http://www.fx360.com/#headline05) - [USD/CAD: OIL PRICES JUMP 3 PERCENT](http://www.fx360.com/#headline05) - [NZD/USD: IMF SAYS NZD OVERVALUED](http://www.fx360.com/#headline05) - [USD/JPY: WITH EXPORTS MAY LIE MORE VERBAL INTERVENTION](http://www.fx360.com/#headline04) **EXPECTATIONS FOR UPCOMING FED MEETINGS** EUR: WHAT CAN POLICYMAKERS DO? With U.S. stocks turning negative in the last hour of trading after having been up more than 100 points, the euro headed back towards its 4 year low of 1.2143. Tuesday's reversal was extremely short lived as European policymakers failed to deliver. Over the past few days, rumors about central bank action have been flying around, leaving traders and investors at the edge of their seats, waiting for some sort of announcement. Every day is "the day" that something could happen but with each ticking hour, their patience is wearing thin. Investors have grown increasingly uncomfortable with holdings euros and there is even talk that China could be reviewing their euro holdings. In fact, there is a lengthy article in today's Financial Times talking about how Asian investors are showing signs of losing faith in the Eurozone. It talks about how Japanese investors are getting cold feet about euro bonds according to a recent Barclay's survey. This should not be much of a surprise because ask yourself, if you had spare cash, "would you invest it in Eurozone government bonds right now?"Relationship between EUR/USD and EquitiesThe reversal in U.S. equities pushed the Dow back below 10,000 in a move that clearly reflects continued risk aversion. When stocks rose in the early U.S. trading session, the euro fell and when stocks reversed, the euro extended its losses. This indicates that investors remain extremely nervous. There has also been a major break in the relationship between the EUR/USD and equities. Unless there is a sharp reversal in stocks similar to the one that we witnessed on Tuesday, the EUR/USD could continue to ignore the mild rallies in equities. We believe that there has or will soon be a fundamental change in the relationship between the EUR/USD and U.S. stocks. In the past, the EUR/USD had a positive correlation with stocks because of the low yield of the U.S. dollar. Whenever risk appetite improved, investors would sell dollars to buy euro and equities. However, there is a very good chance the European economy could underperform the U.S. economy for some time, causing the Federal Reserve to raise interest rates before the European Central Bank. So when stocks rebound and investors grow more optimistic, the growth play for the forseeable future is likely to be in dollars and not euros.What Could Policymakers do to Turn Things Around?As you have seen on Tuesday, the mere rumor of action by policymakers has triggered a sharp reversal in the financial markets. Imagine what would happen if those rumors became reality. We have already seen fragmented responses by individual governments. Germany for example proposed a ban on euro currency derivatives not intended for hedging. This is a long term push for more regulation and less speculation but we are certain that it is also aimed at reducing the current volatility in the financial markets. Here's a list of some of the announcements that could stabilize the euro (some are more realistic than others). Although all of these are long term euro bearish, in the short term they could provide enough shock factor to lift the euro.1. ECB Cuts Interest Rates2. Coordinated Currency Intervention3. Coordinated Liquidity Injection4. Fed Cuts Swap Rate5. Eurozone wide ban on naked short selling6. Blanket guarantee of Eurozone bank accountsThey could certainly come up with something not on our list and if that is the case, hopefully it will be dramatic enough to save the euro. Consumer prices are due for release tomorrow and given the weakness of the currency and the rise in producer prices, there is a good chance that CPI rose in May.WHAT CHINA SEES IN THE DOLLARThe U.S. dollar traded higher against all of the major currencies except for the Japanese Yen, indicating that risk aversion is the story of the day. U.S. economic data was better than expected but what really drove the dollar higher was a Financial Times piece citing (without attribution) that China's State Administration of Foreign Exchange ([SAFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFE&selected=SAFE)) ) is reviewing its holdings of European bonds. The agency refused to comment and we think that the story is not likely to be real considering that China does not usually telegraph what they are considering unless it is for political reasons. At the same time, with euros representing 25 percent of its reserves, how could China not be looking at their portfolio? Either way, any liquidation by China would not only be extremely bearish for the currency but also extremely bullish for the dollar because there is no real alternative market that can absorb China's massive reserves. Dollar denominated assets may offer no yield but at least they can offer capital preservation. New home sales jumped 14.8 percent in the month of April to a 2 year high of 504k. The market for both existing and new homes was fueled by buyers rushing to qualify for a tax credit set to expire at the end of the month. Unfortunately the units are being sold at lower prices which suggest that buyers are opting for lower priced homes. Once the tax credits expire, we will get a much better sense of actual demand in housing. Meanwhile durable goods rose 2.9 percent last month thanks to a surge in aircraft orders. Excluding demand for transportation equipment, orders for durable goods fell 1.0 percent. The ex transport number is ugly but an upward revision to the already robust demand for capital goods in March puts corporate spending in an uptrend. The second release of U.S. GDP is due tomorrow along with jobless claims and there is a good chance that growth will be revised downwards because of the revisions in trade and retail sales. GBP/USD: OECD WANTS A HIKE THIS YEARThe British pound may have ended the NY trading session virtually unchanged against the U.S. dollar but it rose strongly against the euro as the weakness of the single currency drove the pair within an arm's reach of its yearly low. The Organization for Economic Cooperation and Development stepped in today and suggested that the Bank of England raise its target rate no later than the end of the year. The OECD's sense of urgency on the matter stems from the fact that headline inflation exceeds the bank's target band, a matter that if unresolved may sacrifice the bank's credibility. However, while the BoE has noted some concern about elevated prices, they have held time and time again that the situation would only be temporary and would fall within their targets soon enough. Therefore we cannot entirely rule out the fact that the BoE could add to its quantitative easing initiatives, a program which the OECD says should start to be reduced by mid-year. Clearly, for the moment, what the OECD wants the bank to do and where they are actually headed seems to be two very different things. The organization also sponsored "a strong and credible medium-term fiscal framework," a condition that should be met once the new government announces their emergency budget in coming months. In terms of economic data, the BBA's Loans for House Purchase Index plummeted to the lowest in nine years, which reduces the chance of the BoE taking the OECD's prescription.AUD/USD: RALLIES UNABLE TO TRANSPIREA significant mid-day rally in the Aussie was quickly abandoned once stock markets showed signs of skittishness. The aussie, along with the kiwi, saw yet another day of losses, while the loonie was able to mitigate downside pressure thanks to a 3 percent gain in crude. The only country with economic data released over the past 24 hours was Australia. The country reported that the Westpac Leading Index rose at the fastest annual rate in well over a decade. The index lessens the impression that global conditions are tempering the nation's prospects, but overall, it is not enough to instill any confidence in markets. The fact that Australia's Construction Work Done Index rose only 1.9 percent, versus expectations of a 4 percent gain, further overshadowed the positive effects of the leading index. The country will be releasing the similar CB Leading Index tomorrow, along with quarterly Private Capital Expenditures. In New Zealand, the International Monetary Fund rather abruptly declared the kiwi 10-25 percent overvalued. Despite admitting that the country is weathering the storm well, thanks in part from demand in China, they say that the currency needs to come down to help narrow account deficits. The announcement has already had some effect in pushing the kiwi lower today, but it is questionable whether it will stay on traders' minds in the long run.USD/JPY: WITH EXPORTS MAY LIE MORE VERBAL INTERVENTIONUSD/JPY has not gone very far in the past few days, and continues to carve out what seems to be a contractionary range with today's marginal decline. However, the continual weakness of pairs like AUD/JPY and NZD/JPY indicates that the yen is still the go-to currency for safe haven purposes. Data in Japan was relatively light, with the release of Corporate Service Prices which showed the nineteenth consecutive drop and Small Business Confidence falling off a bit from last month's number. However, things get much more important in overnight trading as Japan prepares the release of its Merchandise Trade Balance. The result could be crucial in paving the way toward more verbal intervention by Japanese officials, something we saw last week from Finance Minister Naoto Kan. Signs that the yen is starting to eat into exports will quickly become a political issue considering the fact that the country has improved so rapidly in the past few months. The likely driver of that improvement was the fast-paced decline in the yen, a correction of which could land the country back at square one.EUR/USD: Currency in Play for Next 24 HoursThe EUR/USD will be the currency pair in play for tomorrow. From the Euro-zone, we will see the release of German Consumer Prices along with the IFO Business Climate Survey, to be released at 5:00 am ET or 9:00 GMT. In the US, prepare for the second release of Gross Domestic Product, Personal Consumption, and Jobless Claims due for 8:30 am ET or 12:30 GMT.The EUR/USD is currently trading in the Bollinger band sell zone as traders are showing no mercy for the pair. The closest level of support is at 1.2143, which is the currency pair's 4 year low. As far as resistance, the 10-day simple moving average comes into play at 1.2376, an area that is also close to the lower one-standard deviation Bollinger band.
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0016
| 0 |
Symbol: CAKE
Security: The Cheesecake Factory Incorporated
Related Stocks/Topics: Markets
Title: Bears feast on Cheesecake Factory
Type: News
Publication: optionMONSTER
Publication Author: Unknown
Date: 2010-05-26 01:57:00
Article: Cheesecake Factory has been plunging since reversing lower a month ago, and one bear thinks it has further to fall. [CAKE Chart](http://www.optionmonster.com/cms/commentary/images/cake526.png) optionMONSTER's Depth Charge tracking system detected the purchase of more than 5,000 October 20 puts on the restaurant chain for $0.95 to $1. Volume was more than five times open interest in the strike. CAKE is up 1.14 percent to $25.69 in afternoon trading but is down 14 percent since April 27, when it failed to hold early gains. It gapped lower the next day along with other restaurant companies and has been trending lower since.The downside has occurred against a backdrop of weakness in the consumer-discretionary space and worries about European sovereign debt--even though CAKE reported better-than-expected results and issued bullish guidance on April 22.Chart watchers may see evidence of a bearish trend because the stock has been making lower highs and lower lows. It also rolled over after hitting resistance at its 50-day moving average earlier in the month.CAKE must fall more than 26 percent by expiration for the puts to turn a profit.Overall options volume in the name was more than six times greater than average, with puts accounting for a bearish 85 percent of the activity. (Chart courtesy of tradeMONSTER) Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
Stock Price 4 days before: 25.4934
Stock Price 2 days before: 25.4293
Stock Price 1 day before: 24.6778
Stock Price at release: 25.4813
Risk-Free Rate at release: 0.0016
| 23.3949 |
Symbol: IMAX
Security: IMAX Corporation
Related Stocks/Topics: GS|Markets|MAR|EXPE
Title: Hot Summer Stock Picks to Buy - PCLN, HOT, RGC, IMAX, HMIN
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-05-26 04:18:00
Article: AAA said last year American's spent an average of $1,052 on travel. This year, it estimates they will spend closer to $800 -- but as Memorial Day approaches, it's worth acknowledging which stocks could still see a windfall from summer travel spending even though on the whole budgets appear slimmer. My top stock picks include **Priceline.com** ([PCLN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PCLN&selected=PCLN)) ), **Starwood Hotels & Resorts** ([HOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HOT&selected=HOT)) ), **Regal Entertainment Group** ([RGC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RGC&selected=RGC)) ), **IMAX Corp.** ([IMAX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IMAX&selected=IMAX)) ) **** and **Home Inns & Hotels** ([HMIN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HMIN&selected=HMIN)) ).If you're looking for a way to cash in on summer spending, check out the following stock picks for your investment portfolio. All of these companies have great fundamentals and should serve you well both in the short term as the market stays choppy and beyond the summer months as the recovery continues in 2010. **Online Travel Stocks - EXPE, OWW, PCLN** The first place people look for airplane tickets is travel service websites like **Orbitz Worldwide** ([OWW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=OWW&selected=OWW)) ), **Expedia** ([EXPE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EXPE&selected=EXPE)) ) or **Priceline.com** ([PCLN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PCLN&selected=PCLN)) ). These sites allow users to search multiple carriers, find hotels and book rental cars all in one transaction. I'm a big fan of these sites, since [Orbitz, Expedia and Priceline earnings](http://www.investorplace.com/experts/jeff_reeves/priceline-pcln-earnings-online-travel-stock-ctrip-ctrp-expedia-expe-orbitz-oww.html) all impressed recently. But there's only one that I would recommend that you buy, and that's PCLN stock. **Related Article: [High Yield Dividend Stocks Reduce Risk of Your Trading Strategies](http://www.investorplace.com/experts/jeff_reeves/high-yield-dividend-stocks-trading-strategies-std-fte-dt-azn-bmy-gsk-mrk-pfe-vz-ctel-ngg-pgn-aee-fe.html)**With Priceline's patented business model, the company generates virtually all of its sales from travel-related services. Value-conscious consumers really love Priceline's ability to "haggle" on prices. This has allowed the website to become an oasis for cash-strapped consumers, generating huge numbers even during the recession. **Hotel Stocks - MAR, HMIN, HOT** Now, once you've determined your destination, you've got to find a place to stay. But with travel spending down as we discussed, that has resulted in fewer rooms for many hotels and a smaller profits. Take **Marriott International** ([MAR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MAR&selected=MAR)) ), one of the most recognizable hotel brands in the world. Though the company posted decent earnings recently that topped expectations, this weak outlook has really weighed on shares. Since the Marriott earnings report on April 22, share of MAR stock have fallen over -10%. **Related Article: [7 Low-Risk Investment Strategies for June](http://www.investorplace.com/education/gallery/top-stocks-to-buy-investment-dps-mrk-bkcc-onp-wbmd-prst-stm.html)**But there is one important thing we can take away from Marriott's troubles: Marriott recently announced that it plans to grow its business in China, doubling its presence there by 2015.. This is a smart move, in my opinion, because China is quickly becoming one of the primary engines of the global economy, meaning that it will soon become an important travel destination as well. If Marriott gets ahead of the curve, it could be rewarded significantly. That leads me to my top China hotel stock, **Home Inns & Hotels** ([HMIN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HMIN&selected=HMIN)) ). The company has posted three straight earnings surprises with an average beat of almost 50%. **Related Article: [Top-Performing Chinese ADRs (BIDU, SPRD, SIMO, ZNH, PTI, CEA, OIIM, EDU)](http://www.investorplace.com/education/articles/top-performing-chinese-adrs-bidu-sprd-simo-znh-pti-cea-oiim-edu.html)**Of course, if you want to go domestic and forgo China hotel stocks, there's always **Starwood Hotels & Resorts** ([HOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HOT&selected=HOT)) ). **** Starwood operates in North America and focuses on luxury and full-service hotels and vacation rentals. This company recently posted a jaw dropping 550% earnings surprise, after an earnings beat of over 100% in the previous quarter.If you're looking for hotel stocks to buy, HOT and HMIN are both good buys right now and should serve your investment portfolio well. **Entertainment Stocks - IMAX, RGC** No summer would be complete without seeing a big blockbuster movie on a rainy day. With the big budgets, 3D and CGI technologies, you'd be especially remiss to pass up seeing one of these films. While I'm not going to speculate on which summer releases will bring in the most revenue, I can tell you which movie companies are making the grade right now. Let's take a look. **Related Article: [Why Emerging Markets China and India are Second to BRIC Investment Brazil](http://www.investorplace.com/experts/jeff_reeves/bric-funds-brazil-investments-emerging-market-stocks.html)**If you head to the movies this summer, it's likely you'll find yourself inside a **Regal Entertainment Group** ([RGC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RGC&selected=RGC)) ) theater. The company operates 6,768 screens in 548 theatres around the U.S., so it's not hard to find a location. **IMAX Corp.** ([IMAX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IMAX&selected=IMAX)) ), with only 430 screens, is not nearly as ubiquitous but is making a name for itself as the preeminent theater experience. I always say the experience is the most important part of seeing a movie, and with its crystal clear sound, jumbo-screens and stadium-style seats, IMAX has the best experience hands down. So maybe you, like me, will be willing to drive a few extra miles to find an IMAX theater.IMAX stock is up 25% year-to-date and is going strong. As for Regal, RGC stock is up about 5% -- but considering the market is down by about the same amount, this is no small feat. ******Related Articles:** - [Emerging Market Brazil a Great BRIC Investment](http://www.investorplace.com/experts/richard_young/articles/emerging-market-Brazil-a-Great-BRIC-Investment.html) - [BP or Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) ) Stock - Which One is Worse? - [Stock Investing Trading Strategies - 25 Highest Yield Dividend Stocks in the S&P 500](http://www.investorplace.com/experts/jeff_reeves/stock-investing-trading-strategies-best-stocks-to-buy-high-dividend-yield.html)
Stock Price 4 days before: 17.9087
Stock Price 2 days before: 17.7581
Stock Price 1 day before: 16.2216
Stock Price at release: 16.4341
Risk-Free Rate at release: 0.0016
| 15.8871 |
Symbol: CBRL
Security: Cracker Barrel Old Country Store, Inc.
Related Stocks/Topics: Markets
Title: Cracker Barrel Upgraded to "Buy" at KeyBanc (CBRL)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-05-26 08:44:00
Article: Restaurant and retail concept operator Cracker Barrel Old Country Store, Inc. ([CBRL](http://www.dividend.com/dividend-stocks/services/restaurants/cbrl-cracker-barrel/)) ) saw its rating and price target boosted on Wednesday by analysts at KeyBanc.The firm raised its rating on CBRL to "Buy," and set a $59 price target on the stock, which had closed at $47.80 on Tuesday. A KeyBanc analyst commented, "CBRL put up another impressive quarter in 3Q10, which not only produced positive SSS in both the restaurant and retail divisions, but also represented the fifth consecutive quarter of operating margin improvement (up 40 basis points to 5.5% from 5.1% in 3Q09). Additionally, we expect many of the improved consumer trends that aided CBRL in 3Q10 along with multiple other catalysts to continue to drive the brand's outperformance in the coming quarters."Cracker Barrel shares were mostly flat in premarket trading Wednesday. **The Bottom Line** Shares of CBRL have a dividend yield of 1.67%, based on last night's closing stock price of $47.80. The stock has technical support in the $45-$46 price area. The stock is currently trading near all-time highs of $53 a share. We would remain on the sidelines for now, but we will be watching the stock closely.Cracker Barrel Old Country Store, Inc. ([CBRL](http://www.dividend.com/dividend-stocks/services/restaurants/cbrl-cracker-barrel/)) ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 48.924
Stock Price 2 days before: 48.847
Stock Price 1 day before: 49.0633
Stock Price at release: 48.601
Risk-Free Rate at release: 0.0016
| 47.3154 |
Symbol: JBLU
Security: JetBlue Airways Corporation
Related Stocks/Topics: Unknown
Title: Wednesday Winners: Solarfun Power, Hercules Offshore and U.S. Airways
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-26 11:17:00
Article: Among the biggest winners in Wednesday's early trading are **Solarfun Power (Nasdaq: SOLF)** , **Hercules Offshore (Nasdaq: HERO)** and **U.S. Airways ([LCC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LCC&selected=LCC)) )** . **Solarfun Rebounds** We took a look at **Solarfun Power (Nasdaq: SOLF)** last week as shares were slumping to new lows. At the time, it looked as if investors had lost all faith in this and other solar names, focusing solely on the near-term challenges instead of the long-term opportunities. Well, Solarfun insists the near-term isn't all that bad, either. The provider of solar power equipment posted first-quarter profits on Wednesday that were more than double the forecasts. Equally important, management boosted full-year sales guidance, which refutes the notion that demand in the sector has fallen off a cliff. And that's good for a +13% pop in shares this morning. But it may be time to book quick profits if you picked up shares in last week's sell-off. That's because investors are likely to question whether the all-important German market will drag down sector results later this year when solar subsidies expire. Make no mistake: this is a stock and a group to own for the long-haul, but there is just too much cynicism about the short-term. **Action to Take -->** You need to be nimble with this whole group. These stocks rise and sink fast, and it's proven to be wise to sell into rallies and buy into dips. Right now, they are in rally mode. If you hold a long-term view, sector valuations look quite compelling, and these stocks can be bought and held.-------------------------------------**Bottom-Fishing among the Drillers** With all of the uncertainty surrounding the long-term impact for Gulf Coast drilling, a wide range of firms providing drilling equipment and services have sold off sharply in recent sessions. Yet they are posting a heady rebound today, as investors try to find which names have been oversold. For example, shares of **Hercules Offshore (Nasdaq: HERO)** are up roughly +7% after losing nearly -40% of their value since late April. Other beaten down-names such as **Seadrill (Nasdaq: SDRL)** , **Rowan ([RDC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RDC&selected=RDC)) )** , and **Pride International ([PDE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PDE&selected=PDE)) )** are all up in the +3% to +5% range.But it seems too early to sound the all-clear on this group. Over time, the industry will be back on its feet, probably after additional safeguards are put in place to avoid a repeat of the current catastrophe. But in the near-term, virtually all new permitting efforts are likely to be on hold, and investors should brace for possibly lowered guidance from a number of these firms as the second quarter proceeds. **Action to Take -->** This is purely about time frames. Many of these stocks are off -30% or even -40% from their peaks, and will likely be back at their current 52-week highs in a few years. But in the near-term, the negative news on the group will likely continue, especially since the Obama administration is feeling the heat to get tougher on this industry. So buy for the long-term promise, not the short-term gain. However, as a minor caveat to that view: if **BP ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) )** is successful in this week's efforts to stanch the flow of leaking oil and gas, the whole group could see a powerful relief rally. But if the recent past is any guide, there is not a high degree of optimism for the current well-capping efforts. -------------------------------------**U.S. Airways Continues to Rise** Shares of **U.S. Airways ([LCC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LCC&selected=LCC)) )** posted strong gains Tuesday on the heels of an analyst upgrade, and they are rising another +10% today. At around $8.50, shares still lag the $11 price target offered by JP Morgan. The boost in the target price comes after oil prices have steadily fallen. U.S. Airways had neglected to protect itself with fuel price hedging, and thus will see the biggest drop in expenses from oil moving below $70.The move underscores how the whole airline industry is hostage to oil prices. When oil moved past $100 a barrel a few years ago, many carriers moved into the red. Conversely, when oil prices slump sharply, it's a sign that global economic concerns are dominant. So oil below $50 a barrel usually means that demand for air travel is weak. Right now, oil prices are in a "Goldilocks" phase. **Action to Take -->** Airline stocks can prove to be a bit dicey right now. Many carriers derive a decent chunk of revenue from European routes, and as **Priceline (Nasdaq: PCLN)** recently warned, global air travel looks set to slow down. In contrast, the U.S. air travel market looks fairly healthy. And that favors U.S. Airways, **JetBlue (Nasdaq: JBLU)** , and **Southwest ([LUV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LUV&selected=LUV)) )** , which have very little international exposure. In light of Europe's nascent crisis, these domestic-focused carriers are the names to own right now.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.-- David StermanContributorStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 5.56231
Stock Price 2 days before: 5.74
Stock Price 1 day before: 5.59996
Stock Price at release: 6.13215
Risk-Free Rate at release: 0.0016
| 5.80085 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Markets
Title: Gold - Weekly Metals Report
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-05-27 04:03:00
Article: ******Precious Metals Continue Their Resiliency... **This week in the precious metals has been calm in comparison to the previous week as rising equity markets and a better sense of stability are easing investor tensions. This week has produced quite a bit of information however, the news has been for the part factual! (a big plus)...The European Union's debt crisis is certainly a long way from resolution and many fear the Euro zone debt crisis may spread to other parts of the world. The EU's fiscal crisis has affected the world's markets and has chased investor into "safer havens" primarily Gold. Its appeal as a safe haven is at a pinnacle as the uncertainty in the Euro region continues. Monday we learned that the Bank of Spain... "has appointed a provisional administrator to run CajaSur"(a savings bank which has been devastated by property loan defaults). Unfortunately this may be the first of many. This news certainly made gold more appealing as investors were spending their Euro's to purchase Gold....The European's are not alone it has been reported through the WGC (World Gold Council) that "India's total gold demand surged to 193.5 tons In the first quarter. (ending march 31 st )............. 147.5 tons was sold as jewelry ! Also china's demand was up 11%...... There is always insatiable demand out of the Asian sector .... As you can see there is certainly a huge demand GLOBALLY.......The world is also eyeing some growing tension between North Korea and South Korea....as there appears to be mounting evidence that North Korea did in fact torpedo a South Korean Navy ship earlier this year....Global tension forces investors to safer havens.....(Gold , Silver, Diamonds....) There were reports that China was considering selling their holdings of Euro zone debt. However, China denied it as "groundless" and stated "Europe has been, and will be one of the major markets for investing China's exchange reserves", as reported on the Website of China's State Administration of Foreign Exchange...([SAFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFE&selected=SAFE)) ).... The Central bank of China said "Europe would remain one of China's main investment markets and Beijing would support actions to help the European Union resolve its debt crisis".... This helped to calm fears and lend stability to global investors.Higher prices in the crude oil also fueled gold prices this week as investors tend to guy gold as a hedge to Oil-led inflation. Treasury Secretary Timothy Geithner is in Berlin for a meeting with German Finance Minister Schaeuble to discuss the current fiscal situation in the European Union as well as laying the groundwork for the upcoming G20 meeting scheduled for June 4 th -5 th in South Korea...Reports this week....*New Home Sales were much better than expected... UP 14%...504,000*Gross Domestic product EXPANDED at a 3.0% annual rate*Initial Jobless Claims DROPPED 14,000 to 460,000Mike Daly / Gold SpecialistPFG BEST
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0016
| 0 |
Symbol: IRBT
Security: iRobot Corporation
Related Stocks/Topics: Markets|BYU|IBM|HP|CRUS|CSTR|CAR|AMAT|EGO|SA
Title: Inside the Numbers: 5 Stocks That Are Up in this Downturn
Type: News
Publication: Brad Briggs
Publication Author: Unknown
Date: 2010-05-27 04:08:00
Article: It's rough out there. The market had another wild ride Wednesday, with the Dow Jones Industrial Average posting nice gains in the 50- to 60-point range for most of the day before falling off in late-day trading to close down 69 points, below the psychologically important 10,000 mark.It takes a decline of -10% for a market skid to be classified as a "correction." It seems we've already reached that territory. The S&P 500 Index is down -12% since April 23, having posted losses in 14 out of 23 trading days. With the major averages dropping like stones and investors seeing a sea of red on their computer screens, it's tempting to think there aren't any winning stocks out there right now. But that thinking would be wrong. There are always winners in the market -- it's just a little harder to find them in a market like this.Correction: a lot harder.Out of all 21,000 actively-traded equities on U.S. exchanges, a little over 1,500 stocks are up since the market began to fall through Wednesday's close. That's only 7% of all stocks that are up, in case you were wondering.But as the saying goes, there's always a bull market somewhere.If there's anything we've learned in the past two years since the onset of the financial crisis, it's that the market can turn south in a big way at any time. So, in order to be prepared for another gap down, the StreetAuthority staff set out to find which stocks held strong in this most recent sell-off. Perhaps some patterns could be determined that could give us clues to surviving the next time around.Our methods: We screened for stocks trading on U.S. exchanges with a market capitalization of more than $250 million that have been higher since April 23rd. Our result: 233 stocks. Slim pickings, but it just might do. Here are the top-20 winners:[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Notice any similarities? We did too.Here is a breakdown of the top five sectors in our results:Health Care: 36Information Technology: 36Consumer Discretionary: 36Materials: 25Telecommunications: 9Now it might be one thing to see a random name here an there, but when I see no fewer than four sectors with at least 25 names in our results, I see a pattern. A few observations: - The winning streak in health care is obvious. Investors seem to be flocking to defensive, low-beta sectors to escape the rancorous volatility we've seen the past month. - The number of IT names on this list is surprising, especially considering the tech-heavy Nasdaq is down about -13%. But not when you consider their size. A lot of these companies have small market caps. Because of their size, these companies don't do a lot of business in Europe. Larger tech names that derive a significant portion of revenue from Europe like **Hewlett-Packard ([HP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HP&selected=HP)) )** and **IBM ([IBM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IBM&selected=IBM)) )** have suffered. - Consumer discretionary stocks are dong well across the board, thanks to encouraging signs in consumer confidence and, most recently, durable goods orders. Interesting fact: 10 out of the 36 names here are in the media sector. Ad spending is ramping up, so keep these names on your radar. - 18 out of 25 stocks in the materials group are classified as "metals/mining" stocks. With the European debt crisis looming and the euro's future uncertain, gold has enjoyed a surge of interest among investors, piercing $1,240 per ounce recently. But as I said recently, gold has been in the midst a 10-year renaissance. The situation in Europe only enhances what has and will be a good place to park some cash for the foreseeable future. Now, we'll take a look at five specific stocks that are up and see if they can continue their winning ways. ****Coinstar (Nasdaq: CSTR) is one name that has delivered impressive results in the short-term, but I'd stay away if looking for a long-term, buy-and-hold investment. Coinstar's kiosk DVD rental business has been disruptive to video rental chains, but the ultimate disruptive force, the Internet, will eventually render this a moot point. **Chip-maker Cirrus Logic (Nasdaq: CRUS)** has gained nearly +39% through Wednesday's close after recently posting impressive results. The chip sector as a whole looks promising, although a stock like **Applied Materials (Nasdaq: AMAT)** may hold more promise.You may know **iRobot (Nasdaq: IRBT)** for the company's Roomba robotic vacuum, but there's more to the company than that. This company makes robots of all shapes and sizes. As David Sterman price-to-earnings ratio (P/E) , but I think it may be warranted. The stock still has bright days ahead as government sales account for about 46% of total revenue, and should have room to grow in the long-run. Rental-car firm **Dollar Thrifty ([DTG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DTG&selected=DTG)) )** has surged +18% amid the market's downturn on buyout rumors from both **Hertz ([HTZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HTZ&selected=HTZ)) )** and **Avis ([CAR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAR&selected=CAR)) )** . Hertz put in the original bid, valued at $940 million, and Avis is mulling a counteroffer. The shares have surged past the $41 per share offer, but an actual deal could be difficult to swing in this market.Investors have their pick among gold miners that are up, including **U.S. Gold Corp. ([UXG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=UXG&selected=UXG)) )** -- up +29%, **Eldorado Gold ([EGO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EGO&selected=EGO)) )** -- up +18%, **Seabridge Gold ([SA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SA&selected=SA)) )** -- +17% and **Allied Nevada ([ANV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ANV&selected=ANV)) )** -- up +13%. But the best play of them all is a little further down on our list, **Goldcorp ([GG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GG&selected=GG)) )** . The miner is up +7%, but may be the best long-term gold play on the market because it has the lowest production costs in the industry and can still be profitable even if prices drop. (To read more about why we like Goldcorp, read this and this.)[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Brad Briggs Staff Writer StreetAuthority [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Brad Briggs does not own shares of any security mentioned in this article.Brad BriggsStaff WriterStreetAuthorityDisclosure: Brad Briggs does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 20.0016
Stock Price 2 days before: 18.9488
Stock Price 1 day before: 19.5382
Stock Price at release: 20.801
Risk-Free Rate at release: 0.0016
| 20.392 |
Symbol: SA
Security: Seabridge Gold Inc.
Related Stocks/Topics: IRBT|Markets|BYU|IBM|HP|CRUS|CSTR|CAR|AMAT|EGO
Title: Inside the Numbers: 5 Stocks That Are Up in this Downturn
Type: News
Publication: Brad Briggs
Publication Author: Unknown
Date: 2010-05-27 04:08:00
Article: It's rough out there. The market had another wild ride Wednesday, with the Dow Jones Industrial Average posting nice gains in the 50- to 60-point range for most of the day before falling off in late-day trading to close down 69 points, below the psychologically important 10,000 mark.It takes a decline of -10% for a market skid to be classified as a "correction." It seems we've already reached that territory. The S&P 500 Index is down -12% since April 23, having posted losses in 14 out of 23 trading days. With the major averages dropping like stones and investors seeing a sea of red on their computer screens, it's tempting to think there aren't any winning stocks out there right now. But that thinking would be wrong. There are always winners in the market -- it's just a little harder to find them in a market like this.Correction: a lot harder.Out of all 21,000 actively-traded equities on U.S. exchanges, a little over 1,500 stocks are up since the market began to fall through Wednesday's close. That's only 7% of all stocks that are up, in case you were wondering.But as the saying goes, there's always a bull market somewhere.If there's anything we've learned in the past two years since the onset of the financial crisis, it's that the market can turn south in a big way at any time. So, in order to be prepared for another gap down, the StreetAuthority staff set out to find which stocks held strong in this most recent sell-off. Perhaps some patterns could be determined that could give us clues to surviving the next time around.Our methods: We screened for stocks trading on U.S. exchanges with a market capitalization of more than $250 million that have been higher since April 23rd. Our result: 233 stocks. Slim pickings, but it just might do. Here are the top-20 winners:[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Notice any similarities? We did too.Here is a breakdown of the top five sectors in our results:Health Care: 36Information Technology: 36Consumer Discretionary: 36Materials: 25Telecommunications: 9Now it might be one thing to see a random name here an there, but when I see no fewer than four sectors with at least 25 names in our results, I see a pattern. A few observations: - The winning streak in health care is obvious. Investors seem to be flocking to defensive, low-beta sectors to escape the rancorous volatility we've seen the past month. - The number of IT names on this list is surprising, especially considering the tech-heavy Nasdaq is down about -13%. But not when you consider their size. A lot of these companies have small market caps. Because of their size, these companies don't do a lot of business in Europe. Larger tech names that derive a significant portion of revenue from Europe like **Hewlett-Packard ([HP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HP&selected=HP)) )** and **IBM ([IBM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IBM&selected=IBM)) )** have suffered. - Consumer discretionary stocks are dong well across the board, thanks to encouraging signs in consumer confidence and, most recently, durable goods orders. Interesting fact: 10 out of the 36 names here are in the media sector. Ad spending is ramping up, so keep these names on your radar. - 18 out of 25 stocks in the materials group are classified as "metals/mining" stocks. With the European debt crisis looming and the euro's future uncertain, gold has enjoyed a surge of interest among investors, piercing $1,240 per ounce recently. But as I said recently, gold has been in the midst a 10-year renaissance. The situation in Europe only enhances what has and will be a good place to park some cash for the foreseeable future. Now, we'll take a look at five specific stocks that are up and see if they can continue their winning ways. ****Coinstar (Nasdaq: CSTR) is one name that has delivered impressive results in the short-term, but I'd stay away if looking for a long-term, buy-and-hold investment. Coinstar's kiosk DVD rental business has been disruptive to video rental chains, but the ultimate disruptive force, the Internet, will eventually render this a moot point. **Chip-maker Cirrus Logic (Nasdaq: CRUS)** has gained nearly +39% through Wednesday's close after recently posting impressive results. The chip sector as a whole looks promising, although a stock like **Applied Materials (Nasdaq: AMAT)** may hold more promise.You may know **iRobot (Nasdaq: IRBT)** for the company's Roomba robotic vacuum, but there's more to the company than that. This company makes robots of all shapes and sizes. As David Sterman price-to-earnings ratio (P/E) , but I think it may be warranted. The stock still has bright days ahead as government sales account for about 46% of total revenue, and should have room to grow in the long-run. Rental-car firm **Dollar Thrifty ([DTG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DTG&selected=DTG)) )** has surged +18% amid the market's downturn on buyout rumors from both **Hertz ([HTZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HTZ&selected=HTZ)) )** and **Avis ([CAR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAR&selected=CAR)) )** . Hertz put in the original bid, valued at $940 million, and Avis is mulling a counteroffer. The shares have surged past the $41 per share offer, but an actual deal could be difficult to swing in this market.Investors have their pick among gold miners that are up, including **U.S. Gold Corp. ([UXG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=UXG&selected=UXG)) )** -- up +29%, **Eldorado Gold ([EGO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EGO&selected=EGO)) )** -- up +18%, **Seabridge Gold ([SA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SA&selected=SA)) )** -- +17% and **Allied Nevada ([ANV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ANV&selected=ANV)) )** -- up +13%. But the best play of them all is a little further down on our list, **Goldcorp ([GG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GG&selected=GG)) )** . The miner is up +7%, but may be the best long-term gold play on the market because it has the lowest production costs in the industry and can still be profitable even if prices drop. (To read more about why we like Goldcorp, read this and this.)[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Brad Briggs Staff Writer StreetAuthority [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Brad Briggs does not own shares of any security mentioned in this article.Brad BriggsStaff WriterStreetAuthorityDisclosure: Brad Briggs does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 30.3576
Stock Price 2 days before: 31.8528
Stock Price 1 day before: 36.0731
Stock Price at release: 35.1624
Risk-Free Rate at release: 0.0016
| 34.7846 |
Symbol: GES
Security: Guess', Inc.
Related Stocks/Topics: CBOE|Markets|COST|NTAP|BIG|SPX
Title: Opening View: DJIA Bulls Pulling to Retake 10,000; VIX Up 73 Percent in May
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-05-27 07:49:00
Article: The Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) was hammered below the 10,000 level in the final minutes of trading on Wednesday, marking the blue-chip barometer's first daily close below this psychologically important level since Feb. 8. The S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ), however, is still holding firm above key support at the 1,060 level, though resistance in the 1,090 region appears to be gaining strength. That said, it appears that the bulls are ready to put yesterday's sell-off behind them, as futures on the DJIA and the SPX are trading 158 points and 18 points above fair value, respectively. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) closed below its 10-day moving average for the first time since May 13. However, the VIX is still up more than 73% for the month.In earnings news, Tiffany & Co. ([TIF](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TIF&selected=TIF)) ) said that its first-quarter profit surged to $64.4 million, or 50 cents per share, as sales jumped 22% to $633.6 million. Comparable-store sales rose 10%. Looking ahead, the company said it expects full-year earnings of $2.55 to $2.60 per share, up from a previous projection for a profit of $2.50 per share. Analysts were looking for first-quarter earnings of 36 cents per share, and full-year earnings of $2.49 per share. Elsewhere, NetApp Inc. ([NTAP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTAP&selected=NTAP)) ) reported fiscal fourth-quarter income of $145.1 million, or 40 cents per share. Revenue rose to $1.17 billion from $879.6 million. Adjusted income was 50 cents per share. Analysts had expected the company to report earnings of 44 cents per share on revenue of $1.08 billion.Finally, Big Lots Inc. ([BIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BIG&selected=BIG)) ) posted first-quarter net income of $55.9 million, or 68 cents per share, as sales rose 8% to $1.24 billion. The company also upped its earnings and sales estimates for the fiscal year, seeing continuing operations income from $2.75 to $2.85 per share on comparable-store sales growth between 3.5% and 4.5%. Wall Street was looking for earnings of 67 cents per share for the quarter and $2.78 per share for the year. **Earnings Preview** On the earnings front, Costco Wholesale Corp. ([COST](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=COST&selected=COST)) ), H.J. Heinz Company ([HNZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HNZ&selected=HNZ)) ), Guess?, Inc. ([GES](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GES&selected=GES)) ), J. Crew Group Inc. ([JCG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JCG&selected=JCG)) ), Novell Inc. ([NOVL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NOVL&selected=NOVL)) ), and OmniVision Technologies Inc. ([OVTI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=OVTI&selected=OVTI)) ) are slated to release their quarterly earnings reports. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar** [GDP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GDP&selected=GDP)**Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 1,510,503 call contracts traded on Wednesday, compared to 803,358 put contracts. The resultant single-session put/call ratio arrived at 0.53, while the 21-day moving average held at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100527ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100527ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher. ** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100527ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading looks impressive for a second consecutive session this morning, as all 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a gain of 1.56%. In Asia, stocks closed higher, as bargain hunting helped to pull indexes out of early losses. Markets also rebounded after the Chinese government denied that it IS reviewing its euro zone bond holdings, helped to calm nerves. Meanwhile trading in Europe is higher, after Spain's Prime Minister Jose Luis Rodriguez Zapatero won parliamentary approval for the government's 15 billion euro austerity package. Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100527ov4.gif)**Currencies and Commodities** Improving investor sentiment in the euro zone continues to apply pressure to the U.S. dollar this morning. As such, the U.S. Dollar Index is down 0.76% at 86.46 in electronic trading. Crude futures are taking advantage of the weakness in the greenback, rallying $1.83 to $73.34 per barrel. Finally, gold futures have lost some of their oomph as a safe-haven investment, and have slipped 30 cents to trade at $1,215 an ounce in London. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100527ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100527ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100527ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 36.641
Stock Price 2 days before: 35.4531
Stock Price 1 day before: 37.2506
Stock Price at release: 36.685
Risk-Free Rate at release: 0.0016
| 32.8701 |
Symbol: SA
Security: Seabridge Gold Inc.
Related Stocks/Topics: IBM|Personal Finance|HP|CAR|EGO
Title: Inside the Numbers: Stocks That Went Up When the Market Went Down
Type: News
Publication: Brad Briggs
Publication Author: Unknown
Date: 2010-05-28 05:01:00
Article: With the major averages dropping like stones and investors seeing a sea of red on their computer screens, you might think there aren't any winning stocks out there right now. But that's where you'd be wrong. There are always winners hiding somewhere -- it's just a little harder to find them in a market like this.Correction: a lot harder.Out of all 21,000 actively-traded equities on U.S. exchanges, just over 1,500 are up since the market began to fall through Wednesday's close. That's only 7%, in case you were wondering. But as Jim Cramer says, there's always a bull market somewhere.If there's anything we've learned in the two years since the onset of the financial crisis, it's that the market can turn south in a big way at any time. So, in order to be prepared for another gap down, we set out to find the stocks that held strong in this most recent sell-off. Perhaps we can see some patterns that could give us clues to surviving the next time around.Our methods: We screened for stocks trading on U.S. exchanges with a market capitalization of over $250 million that have closed higher since April 23rd. Our result: 233 stocks. Slim pickings, but it just might do.Here is a breakdown of the top five sectors in our results:Health Care: 36Information Technology: 36Consumer Discretionary: 36Materials: 25Telecommunications: 9And here are the Top 20 specific firms, along with their total returns: [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Now, we'll take a look at nine specific stocks that are up and see if they can continue their winning ways.Notice any similarities? We did too.Now it might be one thing to see a random name here an there, but when I see four sectors with a vast majority of the winners, I think I may be spotting a pattern. A few observations: - The winning streak in health care is obvious. Investors seem to be flocking to defensive, low-beta sectors to escape the rancorous volatility we've seen the past month. - The number of IT names on this list is surprising, especially considering the tech-heavy Nasdaq is down about -13%. But not when you consider their size. A lot of these companies have small market caps. Because of their size, these companies don't do a lot of business in Europe. Larger tech names that derive a significant portion of revenue from Europe like **Hewlett-Packard** ([HP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HP&selected=HP)) ) and **IBM** ([IBM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IBM&selected=IBM)) ) have suffered. - Consumer discretionary stocks are dong well across the board, thanks to encouraging signs in consumer confidence and, most recently, durable goods orders. Interesting fact: 10 out of the 36 consumer discretionary firms are in the media sector. Ad spending is ramping up, so we'll be keeping an eye on that subsector. - 18 out of 25 advancing stocks in the materials sector are classified as "metals/mining" stocks. With the European debt crisis looming and the euro's future uncertain, gold has enjoyed a surge of interest among investors, piercing $1,240 per ounce recently. The situation in Europe only enhances what has and should continue to be a good place to park some cash for the foreseeable future. **Coinstar** (Nasdaq: CSTR) is one name that has delivered impressive results in the short-term, but it may not be the right choise for someone looking for a long-term, buy-and-hold investment. Coinstar's kiosk DVD rental business has been disruptive to video rental chains, but the ultimate disruptive force, the Internet, could eventually make physical video rental a thing of the past.Chip-maker **Cirrus Logic** (Nasdaq: CRUS) has gained nearly +39% through Wednesday's close after recently posting impressive results. The chip sector as a whole looks promising, although our colleagues at SteetAuthority think that **Applied Materials** (Nasdaq: AMAT) may hold more promise.You may know **iRobot** (Nasdaq: IRBT) for the company's Roomba robotic vacuum, but there's more to the company than that. This company makes robots of all shapes and sizes. The price-to-earnings ratio (P/E) of 60 may make it seem a little pricey, but its projected growth rate may warrant such a valuation. The stock still has bright days ahead as government sales account for about 46% of total revenue.Rental-car firm **Dollar Thrifty** ([DTG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DTG&selected=DTG)) ) has surged +18% on buyout rumors from both **Hertz** ([HTZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HTZ&selected=HTZ)) ) and **Avis** ([CAR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAR&selected=CAR)) ). Hertz put in the original bid, valued at $940 million, and Avis is mulling a counteroffer. The shares have surged past the $41 per share buyout offer, but an actual deal could be difficult to swing in this market, especially if the debt markets start to cool down once again.Investors have their pick among gold miners that are up, including **U.S. Gold Corp.** ([UXG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=UXG&selected=UXG)) ) -- up +29%, **Eldorado Gold** ([EGO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EGO&selected=EGO)) ) -- up +18%, **Seabridge Gold** ([SA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SA&selected=SA)) ) -- up +17% and **Allied Nevada** ([ANV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ANV&selected=ANV)) ) -- up +13%. But we think the best play of all is **Goldcorp** ([GG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GG&selected=GG)) ). The miner is up +7%, but may be the best long-term gold play on the market because it has the lowest production costs in the industry and can still be profitable even if prices drop. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Brad Briggs Staff Writer StreetAuthorityBrad BriggsStaff WriterStreetAuthority
Stock Price 4 days before: 30.4117
Stock Price 2 days before: 36.0731
Stock Price 1 day before: 35.1624
Stock Price at release: 35.1014
Risk-Free Rate at release: 0.0015
| 34.7846 |
Symbol: LAC
Security: Lithium Americas Corp.
Related Stocks/Topics: GSL|Markets|OSK
Title: Carmel Daniele: Gold Will Rise and Sky Won't Fall
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-05-28 05:03:00
Article: **Carmel Daniele: Gold Will Rise and Sky Won't Fall** [](http://www.addthis.com/bookmark.php?v=250&pub=xa-4b26e4054a784caa) Source: Brian Sylvester and Karen Roche of [The Gold Report](http://www.theaureport.com/) 5/28/10[http://www.theaureport.com/pub/na/6409](http://www.theaureport.com/pub/na/6409)[Image](http://img.ibtimes.com/www/data/articles/full/2010/05/28/13858.jpg) London-based CD Capital Founder Carmel Daniele has seen these sorts of market jitters before, and insists there is little to worry about in this exclusive interview with The Gold Report. "Most people sell in May and go away. It happens every year," she says. The self-assured Daniele launched the CD Private Equity Natural Resources Fund in 2006 to tap into what she calls a commodity super-cycle. She says that despite a recent dip in the copper price, the super-cycle is in good form, and she envisages gold nearing $2,000 within 12 months. She also recommends you take advantage with some promising junior gold plays in Colombia. **The Gold Report:** You started your namesake CD Private Equity Natural Resources Fund in 2006 to take advantage of the commodity super-cycle, which you believe could last more than 20 years. Copper, often considered a barometer of global economic health, fell from about $3.60 per pound to less than $3.00 from April to May. Is the super-cycle still in good health?**Carmel Daniele:** I still think it's in good health. If you look at history, these super-cycles last on average about 30 years. The U.S. super-cycle involved the urbanization of 100 million people and it lasted 40 years in the 1880s. Then the modernization of Japan in the 1960s involved 30 million people and that super-cycle lasted 30 years. This super-cycle involves the urbanization and industrialization of 3 billion people. We're only 10 years in, so I wouldn't be surprised if it lasts longer than 20 years. I've got a great chart on this that [BHP Billiton Ltd. (NYSE:BHP; PKSHEETS:BHPLF)](http://www.theaureport.com/cs/user/print/co/172) has done, tracking gold alongside copper. The thing is, the swings are quite violent. It's quite common for the price of copper to go up and down, but the long-term trend is up. **TGR:** Do you look at anything else besides the chart from BHP that allows you some confidence in the cycle?**CD:** I look at the growing number of people in the world; the growing middle class which is fuelling demand for resources. But I also look at the supply side. It now takes a lot longer from the discovery of a mine to the point where it's into production. People have been talking for a long time about lots of copper companies in Alaska, and the DRC getting into production and supply coming on stream, but it just takes a lot longer. So the supply side constraints are heavily fuelling this super-cycle too.I also look at what some of these emerging countries are doing rather than saying. If you look at China and India, you will see they are securing limited resources around the world in order to continue to build out their empires. So, if you take a macro view, this super-cycle is still very healthy. We try to invest in companies that have an asset that can develop and grow and then be sold to some of these emerging countries that desperately need the resource for their industrial revolutions. **TGR:** Nonetheless, we are experiencing some volatile markets right now. I think investors in most places are looking for ways to find shelter. **CD:** It's not uncommon. Basically, most people sell in May and go away. It happens every year, and I hear this every year. It's like, "Oh my goodness, the markets are really bad!" There's always something you can blame it on. At the moment, it's being blamed on the euro and the EU crisis. It happens every year. **TGR:** German Chancellor Angela Merkel recently said that she fears for the euro. **CD:** I think that the whole thing is being blown out of proportion. Nearly 70% of the euro area's economy is made up of the three countries: France, Germany and Italy. So unless their sovereign debt crisis derails, I don't see how the euro could weaken sufficiently. Greece is only a very small part of the EU area, just 2.5%. I can understand why she would say that because all of the euro countries have very different legislation, but they've all got the same currency. They are all affected and interrelated. For the euro to be saved, maybe what you could see is more legislation and some better enforcement so that the laws are aligned a bit more. **TGR:** What's your hedge against a possible collapse of the euro? **CD:** People are wondering, "Which currency do I hold my money in? The euro? The pound? U.S. dollars?" I hear this all the time. The safest bet is gold. It's the safest currency. It's become a currency. I am actually investing in gold equities as a result. I see gold doing very well. **TGR:** How well?**CD:** Gold could get really, really high, especially if China, for example, starts buying it. There's often been talk about them diversifying out of the U.S. dollar into gold. It could easily break through $2,000 if you have China suddenly buying it. **TGR:** Where do you see the gold price headed in the next 12 months?**CD:** I think mid $1,000 to $2,000. **TGR:** How should investors get exposure to gold?**CD:** Gold equities. **TGR:** Are we talking seniors, intermediates, juniors?**CD:** I prefer the juniors. You can invest in the juniors, mid-tiers or even the big caps, but my fund invests mainly in the juniors, as that is how you get the most leverage from the gold price. **TGR:** What about other ways to gain exposure to gold?**CD:** People can always buy gold bullion. That's probably the safest, but then you have to worry about where you're going to store it. Some people have invested in ETFs, but the problem is you don't actually have possession of the physical gold, even though they say they've got it backed by physical gold. I think gold equities are the best because you get a multiplier effect. I prefer the ones that have some exploration upside where the asset can grow. So you're not just betting on the gold price going up; you've got a resource that can potentially grow. **TGR:** When you talk about gold the excitement in your voice is apparent. What is it about gold that makes you excited?**CD:** Gold's a psychological metal. It's driven by more than just demand/supply dynamics. Basically when economies aren't doing very well, and people aren't feeling very optimistic, they tend to flock to gold. It's a currency as well. The potential is enormous there. Plus you've got China and India; if they start buying gold, it could easily skyrocket. Then you've got inflation because of all the paper money that's being printed and is starting to circulate in the economy due to government stimulus spending. Gold is a great hedge against inflation-to keep the purchasing power of your money. I suppose I prefer the gold equities because you get that multiplier effect. You see, if the gold price goes up, the leverage that you get is so much higher than just holding the gold bar itself. **TGR:** What do you look for in a gold company?**CD:** I like there to be growth in the underlying asset. There has to be some sort of upside. The deposit has to be in a safe jurisdiction. Very importantly, it has to be run by management with a good track record in developing an asset. The other thing I look for is whether the company is likely to be taken out. Or even better, if it is both predator and prey like the highly successful [Osisko Mining Corp. ( ](http://www.theaureport.com/pub/co/486) [OSK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=OSK&selected=OSK) ) .There's a lot of consolidation in the sector, because when companies start producing, they're shrinking, as they are depleting their asset. Every time they're producing gold, they've got to replace that resource. They either have to go out and discover one or buy out a junior. **TGR:** What are some companies you're following with those kinds of resources?**CD:** I like [Greystar Resources Ltd. ( ](http://www.theaureport.com/cs/user/print/co/330) [GSL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GSL&selected=GSL) ) . It's got over 15 million ounces of gold (at its Angostura project in Colombia) with the IFC (International Finance Corp.) as a key investor. The preliminary feasibility study completed in mid-2009 showed it would have an annual production of about 500,000 ounces of gold at a cash cost of $391 an ounce. The only thing is that the project's development could be delayed, because Greystar is waiting for a decision on an appeal due to the retroactive application of a new mining law. The project is seen by very many people as having economic significance to Colombia. **TGR:** Are there other Latin American plays you like?**CD:** I like [Galway Resources Ltd. (TSX.V:GWY)](http://www.theaureport.com/cs/user/print/co/517) as well, which is near Greystar's project in Colombia. They're drilling targets at their Pie De Gallo property. They've discovered some very high economic grades near another company called [Ventana Gold Corp. ( ](http://www.theaureport.com/cs/user/print/co/798) [VEN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VEN&selected=VEN) ) . In the end, Greystar, Galway and Ventana will have to consolidate because they need just one single processing operation that would create synergies, and it would establish a larger economic resource. If they each tried to do it themselves, they would not benefit from the economies of scale of production. **TGR:** Which company do you see consolidating the camp?**CD:** The one that's got the largest market capitalization is Ventana, but they don't have their National Instrument 43-101 resource yet. **TGR:** What are some others you like?**CD:** Another one I like is [Medoro Resources Ltd. (TSX.V:MRS)](http://www.theaureport.com/cs/user/print/co/741) . They took over a smaller company called Colombia Goldfields and because of Medoro's superior management, it created a lot of value. They consolidated over 6 million inferred ounces of gold and 30 million ounces of silver at the Marmato Project. Their resource stands now at close to 10 million ounces of gold and 61 million ounces of silver. A few months ago, they announced the purchase of the Frontino gold mine in Colombia. Another private one to look out for that will become public at some stage is Gran Colombia, which owns the other half of the Frontino gold mine with Medoro. **TGR:** What about a little farther south at [Colossus Minerals Inc.'s ( ](http://www.theaureport.com/cs/user/print/co/597) [CSI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CSI&selected=CSI) ) Serra Pelada project in Brazil?**CD:** I haven't been following that one of late, but I do know it's a very large resource with very high grade. The thing is, in Colombia, everywhere, every rock you turn over, you'll find gold because it's such a rich country. **TGR:** You're certainly bullish on Colombia. **CD:** It's one of the richest places in the world for gold at the moment. That's why everyone is going there. There's so many junior gold companies popping up everywhere in Colombia-it's hard to keep up. **TGR:** What companies do you follow outside of Colombia?**CD:** There's one called [International Tower Hill Mines Ltd. (TSX:ITH, NYSE.A:THM)](http://www.theaureport.com/cs/user/print/co/538) . It's an Alaska-based gold deposit. It's got over 7.5 million ounces of gold. The prefeasibility study is due out the middle of this year. I think the economics might be further improved with increased resources. I think that's likely, given some recent successful step-out drilling and very encouraging metallurgical results. Another one I like is [Allied Gold Ltd. (TSX:ALG; AIM:AGLD; ASX:ALD)](http://www.theaureport.com/cs/user/print/co/2389) . That's a Papua New Guinea-based producing gold mine. It's got the funds available to grow from an 80,000-ounce producer to 230,000-ounce producer by developing a fairly significant orebody. That's quite significant. It could increase by a further 100,000 ounces by 2013 to become a 330,000 ounce per annum producer. **TGR:** Is there anything that we have not talked about that has you excited about the gold sector right now?**CD:** I think there's still a lot of money to go into the gold sector that hasn't, to date, and is ready to pile in. **TGR:** Where would this money come from?**CD:** Pension funds and very long-term money. In the past, funds mainly from the U.S., didn't believe so much in gold as a currency or anything else. Now I think they are starting to see the benefits of it being a hedge against inflation and a safe form of currency. **TGR:** Are there other companies in other sectors, such as rare earth, that represent good investment opportunities?**CD:** [Lithium Americas Corp. ( ](http://www.theenergyreport.com/cs/user/print/co/1746) [LAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LAC&selected=LAC) ) is exploring and developing in Argentina. It has one of the largest evaporative lithium projects in development. It's doing its prefeasibility study and it's attracted two strategic investors [Magna International Inc. (TSX:MG.A; NYSE:MGA)](http://www.theenergyreport.com/cs/user/print/co/2390) and [Mitsubishi Materials Corp. (Fkft:MMC)](http://www.theaureport.com/cs/user/print/co/2228) . So I'm hoping that it's going to be the go-to stock for lithium, basically. The other one in rare earths that is quite interesting is a company that's called [Dacha Capital Inc. (TSX:V:DAC; OTCQX:DCHAF)](http://www.theaureport.com/cs/user/print/co/2219) . What they try to do is stockpile rare earths to control the physical market. So they're buying it and stockpiling it and storing it away. I know that China does have the monopoly and is trying to make sure that they control that monopoly on rare earths. So it will be interesting to see how Dacha Capital goes. Of course, the Japanese are trying to break that monopoly by looking for acquisitions. They're the only two that I like at the moment. **TGR:** Carmel, thank you for talking with us.Carmel Daniele is the founder of [CD Capital](http://www.cd-capital.com/) and CEO of the CD Private Equity Natural Resources Fund. The Fund's investment objective is to achieve capital growth through pre-IPO and pre-trade sale companies in the natural resources sector, targeting opportunities that deliver substantial returns on exit. Carmel was previously focused on selecting and negotiating natural resource investments for the Special Situations Fund at RAB Capital. Prior to this, she was a Group Executive in Corporate Advisory at Newmont Mining, negotiating and structuring mergers and acquisitions around the world for the Newmont Capital group, which included the US$24 billion three-way merger between Franco-Nevada, Newmont and Normandy to create the largest gold company in the world.Want to read more exclusive Gold Report interviews like this? [Sign up](http://www.theaureport.com/cs/user/print/htdocs/38) for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our [Expert Insights](http://www.theaureport.com/pub/htdocs/exclusive.html) page. **DISCLOSURE:**1) Karen Roche and Brian Sylvester of The Gold Report conducted this interview. They personally and/or their families own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Gold Report: Colossus and Dacha Capital.3) Carmel Daniele: I personally and/or my family own the following companies mentioned in this interview: None. I personally and/or my family am paid by the following companies mentioned in this interview: None.Streetwise - [The Gold Report](http://www.theaureport.com/) is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part.The GOLD Report does not render general or specific [investment advice](https://www.nasdaq.com/education/stock-market-where-buyers-and-sellers-meet) and does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report.From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported.Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734.Participating companies provide the logos used in The Gold Report. These logos are trademarks and are the property of the individual companies.Streetwise Reports LLCP.O. Box 1099Kenwood, CA 95452Tel.: (707) 282-5593Fax: (707) 282-5592Email: [[email protected]](mailto:[email protected])
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0015
| 0 |
Symbol: GSL
Security: Global Ship Lease, Inc.
Related Stocks/Topics: Markets|OSK|LAC
Title: Carmel Daniele: Gold Will Rise and Sky Won't Fall
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-05-28 05:03:00
Article: **Carmel Daniele: Gold Will Rise and Sky Won't Fall** [](http://www.addthis.com/bookmark.php?v=250&pub=xa-4b26e4054a784caa) Source: Brian Sylvester and Karen Roche of [The Gold Report](http://www.theaureport.com/) 5/28/10[http://www.theaureport.com/pub/na/6409](http://www.theaureport.com/pub/na/6409)[Image](http://img.ibtimes.com/www/data/articles/full/2010/05/28/13858.jpg) London-based CD Capital Founder Carmel Daniele has seen these sorts of market jitters before, and insists there is little to worry about in this exclusive interview with The Gold Report. "Most people sell in May and go away. It happens every year," she says. The self-assured Daniele launched the CD Private Equity Natural Resources Fund in 2006 to tap into what she calls a commodity super-cycle. She says that despite a recent dip in the copper price, the super-cycle is in good form, and she envisages gold nearing $2,000 within 12 months. She also recommends you take advantage with some promising junior gold plays in Colombia. **The Gold Report:** You started your namesake CD Private Equity Natural Resources Fund in 2006 to take advantage of the commodity super-cycle, which you believe could last more than 20 years. Copper, often considered a barometer of global economic health, fell from about $3.60 per pound to less than $3.00 from April to May. Is the super-cycle still in good health?**Carmel Daniele:** I still think it's in good health. If you look at history, these super-cycles last on average about 30 years. The U.S. super-cycle involved the urbanization of 100 million people and it lasted 40 years in the 1880s. Then the modernization of Japan in the 1960s involved 30 million people and that super-cycle lasted 30 years. This super-cycle involves the urbanization and industrialization of 3 billion people. We're only 10 years in, so I wouldn't be surprised if it lasts longer than 20 years. I've got a great chart on this that [BHP Billiton Ltd. (NYSE:BHP; PKSHEETS:BHPLF)](http://www.theaureport.com/cs/user/print/co/172) has done, tracking gold alongside copper. The thing is, the swings are quite violent. It's quite common for the price of copper to go up and down, but the long-term trend is up. **TGR:** Do you look at anything else besides the chart from BHP that allows you some confidence in the cycle?**CD:** I look at the growing number of people in the world; the growing middle class which is fuelling demand for resources. But I also look at the supply side. It now takes a lot longer from the discovery of a mine to the point where it's into production. People have been talking for a long time about lots of copper companies in Alaska, and the DRC getting into production and supply coming on stream, but it just takes a lot longer. So the supply side constraints are heavily fuelling this super-cycle too.I also look at what some of these emerging countries are doing rather than saying. If you look at China and India, you will see they are securing limited resources around the world in order to continue to build out their empires. So, if you take a macro view, this super-cycle is still very healthy. We try to invest in companies that have an asset that can develop and grow and then be sold to some of these emerging countries that desperately need the resource for their industrial revolutions. **TGR:** Nonetheless, we are experiencing some volatile markets right now. I think investors in most places are looking for ways to find shelter. **CD:** It's not uncommon. Basically, most people sell in May and go away. It happens every year, and I hear this every year. It's like, "Oh my goodness, the markets are really bad!" There's always something you can blame it on. At the moment, it's being blamed on the euro and the EU crisis. It happens every year. **TGR:** German Chancellor Angela Merkel recently said that she fears for the euro. **CD:** I think that the whole thing is being blown out of proportion. Nearly 70% of the euro area's economy is made up of the three countries: France, Germany and Italy. So unless their sovereign debt crisis derails, I don't see how the euro could weaken sufficiently. Greece is only a very small part of the EU area, just 2.5%. I can understand why she would say that because all of the euro countries have very different legislation, but they've all got the same currency. They are all affected and interrelated. For the euro to be saved, maybe what you could see is more legislation and some better enforcement so that the laws are aligned a bit more. **TGR:** What's your hedge against a possible collapse of the euro? **CD:** People are wondering, "Which currency do I hold my money in? The euro? The pound? U.S. dollars?" I hear this all the time. The safest bet is gold. It's the safest currency. It's become a currency. I am actually investing in gold equities as a result. I see gold doing very well. **TGR:** How well?**CD:** Gold could get really, really high, especially if China, for example, starts buying it. There's often been talk about them diversifying out of the U.S. dollar into gold. It could easily break through $2,000 if you have China suddenly buying it. **TGR:** Where do you see the gold price headed in the next 12 months?**CD:** I think mid $1,000 to $2,000. **TGR:** How should investors get exposure to gold?**CD:** Gold equities. **TGR:** Are we talking seniors, intermediates, juniors?**CD:** I prefer the juniors. You can invest in the juniors, mid-tiers or even the big caps, but my fund invests mainly in the juniors, as that is how you get the most leverage from the gold price. **TGR:** What about other ways to gain exposure to gold?**CD:** People can always buy gold bullion. That's probably the safest, but then you have to worry about where you're going to store it. Some people have invested in ETFs, but the problem is you don't actually have possession of the physical gold, even though they say they've got it backed by physical gold. I think gold equities are the best because you get a multiplier effect. I prefer the ones that have some exploration upside where the asset can grow. So you're not just betting on the gold price going up; you've got a resource that can potentially grow. **TGR:** When you talk about gold the excitement in your voice is apparent. What is it about gold that makes you excited?**CD:** Gold's a psychological metal. It's driven by more than just demand/supply dynamics. Basically when economies aren't doing very well, and people aren't feeling very optimistic, they tend to flock to gold. It's a currency as well. The potential is enormous there. Plus you've got China and India; if they start buying gold, it could easily skyrocket. Then you've got inflation because of all the paper money that's being printed and is starting to circulate in the economy due to government stimulus spending. Gold is a great hedge against inflation-to keep the purchasing power of your money. I suppose I prefer the gold equities because you get that multiplier effect. You see, if the gold price goes up, the leverage that you get is so much higher than just holding the gold bar itself. **TGR:** What do you look for in a gold company?**CD:** I like there to be growth in the underlying asset. There has to be some sort of upside. The deposit has to be in a safe jurisdiction. Very importantly, it has to be run by management with a good track record in developing an asset. The other thing I look for is whether the company is likely to be taken out. Or even better, if it is both predator and prey like the highly successful [Osisko Mining Corp. ( ](http://www.theaureport.com/pub/co/486) [OSK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=OSK&selected=OSK) ) .There's a lot of consolidation in the sector, because when companies start producing, they're shrinking, as they are depleting their asset. Every time they're producing gold, they've got to replace that resource. They either have to go out and discover one or buy out a junior. **TGR:** What are some companies you're following with those kinds of resources?**CD:** I like [Greystar Resources Ltd. ( ](http://www.theaureport.com/cs/user/print/co/330) [GSL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GSL&selected=GSL) ) . It's got over 15 million ounces of gold (at its Angostura project in Colombia) with the IFC (International Finance Corp.) as a key investor. The preliminary feasibility study completed in mid-2009 showed it would have an annual production of about 500,000 ounces of gold at a cash cost of $391 an ounce. The only thing is that the project's development could be delayed, because Greystar is waiting for a decision on an appeal due to the retroactive application of a new mining law. The project is seen by very many people as having economic significance to Colombia. **TGR:** Are there other Latin American plays you like?**CD:** I like [Galway Resources Ltd. (TSX.V:GWY)](http://www.theaureport.com/cs/user/print/co/517) as well, which is near Greystar's project in Colombia. They're drilling targets at their Pie De Gallo property. They've discovered some very high economic grades near another company called [Ventana Gold Corp. ( ](http://www.theaureport.com/cs/user/print/co/798) [VEN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VEN&selected=VEN) ) . In the end, Greystar, Galway and Ventana will have to consolidate because they need just one single processing operation that would create synergies, and it would establish a larger economic resource. If they each tried to do it themselves, they would not benefit from the economies of scale of production. **TGR:** Which company do you see consolidating the camp?**CD:** The one that's got the largest market capitalization is Ventana, but they don't have their National Instrument 43-101 resource yet. **TGR:** What are some others you like?**CD:** Another one I like is [Medoro Resources Ltd. (TSX.V:MRS)](http://www.theaureport.com/cs/user/print/co/741) . They took over a smaller company called Colombia Goldfields and because of Medoro's superior management, it created a lot of value. They consolidated over 6 million inferred ounces of gold and 30 million ounces of silver at the Marmato Project. Their resource stands now at close to 10 million ounces of gold and 61 million ounces of silver. A few months ago, they announced the purchase of the Frontino gold mine in Colombia. Another private one to look out for that will become public at some stage is Gran Colombia, which owns the other half of the Frontino gold mine with Medoro. **TGR:** What about a little farther south at [Colossus Minerals Inc.'s ( ](http://www.theaureport.com/cs/user/print/co/597) [CSI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CSI&selected=CSI) ) Serra Pelada project in Brazil?**CD:** I haven't been following that one of late, but I do know it's a very large resource with very high grade. The thing is, in Colombia, everywhere, every rock you turn over, you'll find gold because it's such a rich country. **TGR:** You're certainly bullish on Colombia. **CD:** It's one of the richest places in the world for gold at the moment. That's why everyone is going there. There's so many junior gold companies popping up everywhere in Colombia-it's hard to keep up. **TGR:** What companies do you follow outside of Colombia?**CD:** There's one called [International Tower Hill Mines Ltd. (TSX:ITH, NYSE.A:THM)](http://www.theaureport.com/cs/user/print/co/538) . It's an Alaska-based gold deposit. It's got over 7.5 million ounces of gold. The prefeasibility study is due out the middle of this year. I think the economics might be further improved with increased resources. I think that's likely, given some recent successful step-out drilling and very encouraging metallurgical results. Another one I like is [Allied Gold Ltd. (TSX:ALG; AIM:AGLD; ASX:ALD)](http://www.theaureport.com/cs/user/print/co/2389) . That's a Papua New Guinea-based producing gold mine. It's got the funds available to grow from an 80,000-ounce producer to 230,000-ounce producer by developing a fairly significant orebody. That's quite significant. It could increase by a further 100,000 ounces by 2013 to become a 330,000 ounce per annum producer. **TGR:** Is there anything that we have not talked about that has you excited about the gold sector right now?**CD:** I think there's still a lot of money to go into the gold sector that hasn't, to date, and is ready to pile in. **TGR:** Where would this money come from?**CD:** Pension funds and very long-term money. In the past, funds mainly from the U.S., didn't believe so much in gold as a currency or anything else. Now I think they are starting to see the benefits of it being a hedge against inflation and a safe form of currency. **TGR:** Are there other companies in other sectors, such as rare earth, that represent good investment opportunities?**CD:** [Lithium Americas Corp. ( ](http://www.theenergyreport.com/cs/user/print/co/1746) [LAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LAC&selected=LAC) ) is exploring and developing in Argentina. It has one of the largest evaporative lithium projects in development. It's doing its prefeasibility study and it's attracted two strategic investors [Magna International Inc. (TSX:MG.A; NYSE:MGA)](http://www.theenergyreport.com/cs/user/print/co/2390) and [Mitsubishi Materials Corp. (Fkft:MMC)](http://www.theaureport.com/cs/user/print/co/2228) . So I'm hoping that it's going to be the go-to stock for lithium, basically. The other one in rare earths that is quite interesting is a company that's called [Dacha Capital Inc. (TSX:V:DAC; OTCQX:DCHAF)](http://www.theaureport.com/cs/user/print/co/2219) . What they try to do is stockpile rare earths to control the physical market. So they're buying it and stockpiling it and storing it away. I know that China does have the monopoly and is trying to make sure that they control that monopoly on rare earths. So it will be interesting to see how Dacha Capital goes. Of course, the Japanese are trying to break that monopoly by looking for acquisitions. They're the only two that I like at the moment. **TGR:** Carmel, thank you for talking with us.Carmel Daniele is the founder of [CD Capital](http://www.cd-capital.com/) and CEO of the CD Private Equity Natural Resources Fund. The Fund's investment objective is to achieve capital growth through pre-IPO and pre-trade sale companies in the natural resources sector, targeting opportunities that deliver substantial returns on exit. Carmel was previously focused on selecting and negotiating natural resource investments for the Special Situations Fund at RAB Capital. Prior to this, she was a Group Executive in Corporate Advisory at Newmont Mining, negotiating and structuring mergers and acquisitions around the world for the Newmont Capital group, which included the US$24 billion three-way merger between Franco-Nevada, Newmont and Normandy to create the largest gold company in the world.Want to read more exclusive Gold Report interviews like this? [Sign up](http://www.theaureport.com/cs/user/print/htdocs/38) for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our [Expert Insights](http://www.theaureport.com/pub/htdocs/exclusive.html) page. **DISCLOSURE:**1) Karen Roche and Brian Sylvester of The Gold Report conducted this interview. They personally and/or their families own shares of the following companies mentioned in this interview: None. 2) The following companies mentioned in the interview are sponsors of The Gold Report: Colossus and Dacha Capital.3) Carmel Daniele: I personally and/or my family own the following companies mentioned in this interview: None. I personally and/or my family am paid by the following companies mentioned in this interview: None.Streetwise - [The Gold Report](http://www.theaureport.com/) is Copyright © 2010 by Streetwise Reports LLC. All rights are reserved. Streetwise Reports LLC hereby grants an unrestricted license to use or disseminate this copyrighted material (i) only in whole (and always including this disclaimer), but (ii) never in part.The GOLD Report does not render general or specific [investment advice](https://www.nasdaq.com/education/stock-market-where-buyers-and-sellers-meet) and does not endorse or recommend the business, products, services or securities of any industry or company mentioned in this report.From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles on the site, may have a long or short position in securities mentioned and may make purchases and/or sales of those securities in the open market or otherwise. Streetwise Reports LLC does not guarantee the accuracy or thoroughness of the information reported.Streetwise Reports LLC receives a fee from companies that are listed on the home page in the In This Issue section. Their sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734.Participating companies provide the logos used in The Gold Report. These logos are trademarks and are the property of the individual companies.Streetwise Reports LLCP.O. Box 1099Kenwood, CA 95452Tel.: (707) 282-5593Fax: (707) 282-5592Email: [[email protected]](mailto:[email protected])
Stock Price 4 days before: 2.47288
Stock Price 2 days before: 2.57825
Stock Price 1 day before: 2.89862
Stock Price at release: 3.07094
Risk-Free Rate at release: 0.0015
| 0.007831 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Markets
Title: Despite Poor GDP, Spot Crude Oil Rises Gains Again
Type: News
Publication: Unknown
Publication Author: Unknown
Date: 2010-05-28 07:32:00
Article: [printprofile](http://www.forexyard.com/blog/en/wp-content/uploads/profile-pics/9.jpg) Spot crude oil prices jumped to a two week high on Thursday following a Chinese commitment to European investments, in particular European debt instruments. This propelled traders into riskier investments such as commodities while selling the dollar. Markets have shrugged off most recent negative economic data as this was the case yesterday.The price of spot crude oil rose to $75.39, following an opening price of $71.50. Spot crude oil trading has risen 9% over the past 3 days. The rise in prices comes on the heels of a sharp $20 decline following fresh worries over the solvency issues surrounding Greece, Portugal, and Spain.Yesterday's gains in spot crude oil trading were driven by comments from China's State Administration of Foreign Exchange ([SAFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFE&selected=SAFE)) ). The agency denied reports that it is reducing its holdings of European debt. Comments from SAFE also helped to support the euro as the EUR/USD rose to a high of 1.2393. The price of spot crude oil typically trades in a negative correlation with the dollar. As the dollar weakens, spot crude oil prices rise.Spot crude oil prices could continue to increase upon further signs of economic improvement. Yesterday's downward revision of 1st quarter U.S. GDP did little to halt spot crude oil bulls.Next week's U.S. Non Farm Payrolls report will provide further insight as to where the economic recovery stands. Positive results will likely mean spot crude oil prices rising to the $80 level.
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0015
| 0 |
Symbol: GES
Security: Guess', Inc.
Related Stocks/Topics: Markets
Title: Guess Q1 Profit Jumps, but Shares Plunge as Outlook Badly Misses (GES)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-05-28 08:32:00
Article: Apparel maker Guess?, Inc. ([GES](http://www.dividend.com/dividend-stocks/services/apparel-stores/ges-guess-inc/)) ) late Thursday said its first quarter profit grew significantly from last year, helped by higher revenue, but its second quarter and full-year guidance badly missed expectations.The Los Angeles-based company reported first quarter net income of $50.3 million, or 54 cents per share, compared with $32.5 million, or 35 cents per share, in the year-ago period. Excluding one-time items, adjusted profit was 58 cents per share. Revenue jumped 22% from last year, to $539.3 million.On average, Wall Street analysts expected a smaller profit of 49 cents per share, on lower sales of $507.9 million.Looking ahead, the company predicted second quarter profit would range from 65 to 68 cents per share, which would badly miss analysts' estimates of 77 cents. As for the full year, the company said it expects profit of $2.80 to $2.85 per share, also well below analysts' outlook for $2.99 per share.Guess shares fell $2.19, or -5.7%, in premarket trading Friday. **The Bottom Line** Shares of GES have a 1.68% dividend yield, based on last night's closing stock price of $38.17. The stock has technical support in the $35 price area. If the shares can firm up, we see overhead resistance around the $38-$42 price levels. We would remain on the sideline for now.Guess?, Inc. ([GES](http://www.dividend.com/dividend-stocks/services/apparel-stores/ges-guess-inc/)) ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 36.6309
Stock Price 2 days before: 37.2506
Stock Price 1 day before: 36.685
Stock Price at release: 36.1806
Risk-Free Rate at release: 0.0015
| 32.8701 |
Symbol: DRQ
Security: Dril-Quip, Inc.
Related Stocks/Topics: OII|Markets|HAL|BP
Title: Friday Losers: Dril-Quip, Blue Coat Systems and Riverbed Technology
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-28 11:11:00
Article: Among the biggest losers in Friday's early trading are **Dril-Quip ([DRC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DRC&selected=DRC)) )** , **BlueCoat Systems(Nasdaq: BCSI)** and **Riverbed Technology (Nasdaq: RVBD)** . **Top Kill appears to Working, But Sector Stocks Sag****BP's ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) )** efforts to finally stanch the flow of oil and gas in the Gulf appears to be working. Though it remains to be seen during the next few days if the fix is permanent, this is the first bit of tangible good news in quite some time. But that's of no help to the many oil and gas drilling services companies. **Dril-Quip ([DRQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DRQ&selected=DRQ)) )** , **Stone Energy ([SGY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SGY&selected=SGY)) )** , **Oceaneering International ([OII](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=OII&selected=OII)) )** , **Baker Hughes ([BHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BHI&selected=BHI)) )** and **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** and many others are all off more than -5% this morning. The weakness comes from an Obama administration decision to freeze any new offshore drilling activity for the remainder of the year. As the Gulf Coast represents one our last great sources of domestic energy production, the ban will likely be lifted by late this year, albeit with greater restrictions.Investors may be over-reacting to the new get-tough stance of the Obama administration. More than likely, companies will need to simply spend a bit more on ensuring that all drilling efforts comply with standard safety procedures. BP cut corners in its drilling process, and would not have needed to spend much more to do things the right way. **Action to Take -->** If the flow of oil and gas is truly stopped -- and that's still a big if -- then a lot of these stocks represent a real bargain in the context of an eventual rebound in Gulf energy exploration. This looks like a good time to move into some of these names while other investors are moving out.-------------------------------------**Blue Coat's Mixed Message** Investors should take pause from the cautious guidance issued by **Blue Coat Systems (Nasdaq: BCSI)** , a provider of network security hardware and software. Many firms have been talking about a steadily building rebound in tech spending, as we saw in robust first quarter results and bullish forward guidance. But Blue Coat, which had a respectable fiscal fourth-quarter (ended April) in which sales rose +17% from a year ago, sees sales falling sequentially in its fiscal first quarter. That's pushing shares down more than -20% in Friday trading.Why the cautious tone from management? This comment from Thursday night's conference call helps clarify things: "We are being cautious given developments in EMEA (Europe, Middle East, Africa) and their potential impact on our region is, which historically, provide 35% to 40% of the company's revenue. We did see an impact on our business in April, and we currently have no evidence that conditions will improve in the near term." You get the feeling that this may start to be a theme. We touched on this issue recently in this article. A potential slowdown in Europe is unfortunate for Blue Coat Systems, as the company is just starting to reap the benefits from a recent large restructuring and is also seeing solid demand in the United States. The real question - which nobody can answer just yet - is whether the slowdown in Europe that Blue Coat saw in April will prove to be short-lived. It is possible that business activity froze at the nadir of the Greek crisis, but has subsequently returned to normal. It is curious that management spoke of European sales in April, but did not discuss May sales trends. We'll have to wait for other firms to discuss European operations. **Action to Take -->** If the European slowdown turns out to be a one-quarter event, then shares of Blue Coat are a real bargain after today's sell-off, trading for around 10 times projected fiscal (April ) 2012 profits. That's half the multiple of many other similarly-sized tech stocks with similar growth profiles. For longer-term investors, you can feel free to buy into this dip, but know that shares could fall another -10% or -20% before rebounding if the European crisis continues throughout the year. For short-term traders, the Euro skepticism should give you pause.-------------------------------------**Riverbed May Also Be Exposed** Shares of **Riverbed Technology (Nasdaq: RVBD)** may also be feeling a Euro-induced malaise, as its shares are off -6% in Friday trading on no apparent news. Riverbed, which makes appliances that optimize network traffic, derives roughly 30% of its sales in Europe. It's worth noting that shares trade only 15% below the 52-week high and trade at 23 times projected 2011 profits.What kind of price-to-earnings ratio (P/E) you give to tech stocks right now is the matter of much debate on investing blogs. On the one hand, we may be entering a solid growth phase after the recent economic slowdown. But some note that we shouldn't expect a very sharp upturn because most companies' IT infrastructure is in reasonably good shape. Moreover, many well-established U.S.-based tech firms now derive a large portion of sales in Europe as well, and IT spending there is likely to remain muted. **Action to Take -->** For tech stocks like Riverbed, that 23 times forward multiple is about all you can ask for right now. To argue for a higher multiple would be premature in light of the tepid nature of the U.S. economic recovery along with the clouds hanging over Europe. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 52.131
Stock Price 2 days before: 54.3809
Stock Price 1 day before: 55.4986
Stock Price at release: 49.6532
Risk-Free Rate at release: 0.0015
| 46.0032 |
Symbol: GES
Security: Guess', Inc.
Related Stocks/Topics: Markets|HMC|NWS
Title: Friday Winners: CKX, Ener1 and J Crew
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-05-28 12:22:00
Article: Among the biggest winners in Friday's early trading are **CKX (Nasdaq: CKXE)** , **Ener1 ([HEV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HEV&selected=HEV)) )** and **J Crew ([JCG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JCG&selected=JCG)) )** . **Time to Take Profits in CKX** Shares of **CKX (Nasdaq: CKXE)** are up nearly +20% as word spread that the company's biggest investor and a just-formed hedge fund are teaming up to acquire the producer of the very popular American Idol and So You Think You can Dance TV programs. (CKX also holds marketing licenses related to Elvis Presley and Muhammad Ali). Those buyers are betting that those TV franchises have ample room for expansion. But historically speaking, that's not a good bet. The vast majority of TV shows eventually lose their customer base. Even the successful franchises like The Simpsons and Law & Order are content to simply generate cash, even after the ratings stopped rising after the first few years. For example, Rupert Murdoch's **News Corp. ([NWS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NWS&selected=NWS)) )** continues to rely on the Simpsons franchise for steady annual cash flow . So are these folks looking at CKX as a cash cow? They shouldn't. The company generated less than $15 million in cash flow last year, and is off to a bad start this year as large one-time expenses continue to hit the income statement . **Action to Take -->** Shares trade roughly -15% below the rumored purchase price, and could still rise a bit more, but this morning's sharp spike likely represents the biggest gin investors will see. It looks like time to take profits.-------------------------------------**Ener1 Becomes a Major Battery Player** Earlier this month, we discussed the investor cynicism regarding **A123 Systems (Nasdaq: AONE)** and other lithium battery makers. Concerns have mounted that these companies will only slowly build the critical mass to reach profitability. But when you team up with China's largest auto parts supplier, you can get to that break-even point much more quickly. That's why investors are bidding up shares of **Ener1 ([HEV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HEV&selected=HEV)) )** , which had been up more than +20% at the market open, but are still up around +12% after some profit-taking. Despite the pop, shares are still less than half of the 52-week high.The timing appears right. Only recently, auto companies such as **Honda Motor ([HMC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HMC&selected=HMC)) )** and Volkswagen have said they may look to outsource the battery systems in their electric car efforts. That's because outside suppliers have the expertise and manufacturing capacity to handle this potentially very large opportunity. Right now, analysts think Ener1 can cut its GAAP (Generally Accepted Accounting Principles) losses in half next year to around $0.21 a share. This deal could push the company even closer to break-even, if not in 2011, then by 2012. **Action to Take -->** So how large can this market be? If 4% of all vehicles have lithium-ion batteries by 2015, then it would be a $5 billion market. Assuming Ener1 can control 10% of that market, then sales would rise from a projected $235 million in 2011 to $500 million in 2015. A lot can go wrong before then: Oil prices could slump, quashing demand for green vehicles; governments might lose their desire to subsidize these vehicles, or other technologies may arrive. But if this market is for real, both A123 Systems and Ener1 still stand out as the best plays. With shares well off their highs and the market size just now coming into sharper focus, this may be a time to move in on these names. -------------------------------------**Europe's Impact on U.S. Retail** Shares of retailer **J Crew ([JCG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JCG&selected=JCG)) )** are up more than +4% while shares of **Guess? ([GES](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GES&selected=GES)) )** are trading flat in Friday trading. Each retailer announced solid quarterly results on Thursday evening. Yet both of these firms' connection to Europe explains the stock price divergence. J Crew derives almost all of its sales in the United States, yet sources roughly 25% of its merchandise in Europe. The weakening Euro surely helps lower costs.In contrast, Guess? derives more than a third of sales and nearly half of its profits in Europe and the Middle East (where sales in some countries are also denominated in Euros). And thanks to the slump in Europe, Guess? lowered second-quarter profit forecasts to around -15% below the consensus. Full-year guidance was lowered by a lesser degree. And that's worth noting as we go into this upcoming earnings season .When companies need to cut near-term guidance, they are often loathe to fully extrapolate that weakness to subsequent quarters. Management at Guess? is effectively hoping that third and fourth quarter results will not be as heavily impacted. But more than likely, unless the Euro posts a sharp rebound, then near-term guidance will again be cut when the next quarter's guidance is issued.U.S. sales could help to minimize the damage from the Euro. They rose a robust +9.7% on a same-store basis, aided in part by weak comps a year ago. U.S. sales will need to continue strengthening to offset the headwinds created by European sales. The fact that shares of Guess? didn't tank on the weak outlook tells you that investors are focusing on the positives. **Action to Take -->** Guess' resiliency is a bit of a surprise - especially in the face of lowered guidance and a flat market today. But if management indeed needs to cut guidance the next time earnings are released, then shares could head materially lower. The domestic momentum is a potentially off-setting factor to the Euro weakness and should keep shares from falling much further. The next catalyst would be either a re-strengthening of the Euro, or a change in domestic sales momentum. As for J Crew, the quarterly results were surely impressive, but the neck-snapping improvements in same-store sales were partially a function of very weak comparisons a year ago. Also, the U.S. Commerce Department just noted that April consumer spending was flat, after six straight months of gains. That means some of these retailers showing great strength may not be able to keep boosting guidance if consumer spending doesn't start to grow again. Until and unless the unemployment materially drops, retail spending can't keep up its heady recent pace.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 37.4523
Stock Price 2 days before: 36.651
Stock Price 1 day before: 37.4202
Stock Price at release: 38.306
Risk-Free Rate at release: 0.0015
| 32.8665 |
Symbol: DENN
Security: Denny's Corporation
Related Stocks/Topics: DELL|Markets|STX|DEER
Title: Some Ideas ... and Some Potential Bargains ... To Help You Focus on What Matters
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-01 02:37:00
Article: For most investors, the health of the U.S. economy should be the most important item to track. How the economy fares will directly correlate with how the Nasdaq, NYSE and S&P 500 perform -- over the long-term. But right now, attention is focused on many "outside" factors, most of which are more relevant to foreign investors or short-term traders. If you let those factors rattle you, you're likely to move to cash at the wrong time.To be sure, the recent market weakness can test anyone's mettle. But should we really be surprised at a -10% correction after we saw the S&P 500 move from 700 to 1,200 in just 14 months? That kind of +70% move is virtually unheard of, and should have led to some near-term caution. But the pullback doesn't mean the rally has ended. Indeed, the most important pieces of data are flashing green. For example, the Institute of Supply Management's ([ISM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ISM&selected=ISM)) ) index of factory activity in May has just been released, and the rate of orders held steady from the prior month at 65.7. (Any number above 50 indicates that the factory sector is expanding). In addition, the ISM's employment index expanded last month from 58.5 to 59.8. That means that the monthly jobs report, due out this Friday, is likely to be in line with or above forecasts. **Consumers Getting Stronger** As many headed off for a long holiday weekend on Friday, they may have missed some important data regarding consumer spending. The Commerce Department noted that consumer spending barely rose in April after rising for six months. Bad news, right? Actually, personal income climbed 0.4%, in line with recent monthly gains. That means consumers are looking to bolster their savings and pay off debt. The savings rate rose to 3.6% in April, from 3.1% in March, and could well rise further as consumers remain cautious. After all, the nightly news is in "scare mode" right now. That may crimp spending in the near-term, but should set the stage for stronger consumer balance sheets down the road. If household savings keep growing, and if job creation continues, the economy is very likely to get back on to a path of sustainable growth. It's too early to sound the all-clear on the economy, but the scary headlines out of Europe, the Gulf Coast and the Middle East are decreasingly likely to have a major negative impact going forward.More than likely, economic growth will not be robust this year, as we're still feeling the after-effects of the global economic malaise of 2008 and 2009. But the trend is positive, and growth should become more inspiring next year and into 2012. And remember that investors look six to 12 months ahead, so the market is likely digesting the tepid growth outlook right now. By this summer, the market should look ahead into 2011, and should like what it sees. **Action to Take -->** A wide range of stocks are starting to trade down from their highs, even as the respective earnings outlooks are materially strengthening. Companies that have pared expenses in recent years can continue to show robust profit growth with just modest sales growth. That backdrop fueled a powerful rally in the 1990s as profit margins exceeded previous highs.Here's just a sampling of companies whose shares have fallen more than -25% from their 52-week highs while also seeing their earnings estimates rise during the past 90 days: **Seagate Technology ([STX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=STX&selected=STX)) )** , **Integrated Silicon Solutions (Nasdaq: ISSI)** , **Deer Consumer Products (Nasdaq: DEER)** , **Electronic Arts (Nasdaq: ERTS)** , **Dell, Inc. (Nasdaq: DELL)** and **Denny's (Nasdaq: DENN)** . If you've got cash to put into play, wait for days when the market is sharply trading off. With all the daunting global headlines right now, that's bound to happen soon. Happy hunting.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 3.12518
Stock Price 2 days before: 3.15938
Stock Price 1 day before: 3.14074
Stock Price at release: 3.13921
Risk-Free Rate at release: 0.0014
| 2.61731 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: GS|Markets|BAC
Title: 12 Bank Stocks to Buy and 12 Financial Investments to Sell
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-01 03:11:00
Article: One stock market sector that has defied the most disciplined trading strategy in the last few years has been financials. Investment in banks and financial stocks changes quickly, but let me take the guesswork out of investing for this week with 12 hot financial stocks to buy and 12 stocks to sell that are "dogs with fleas." Among the favorites on my list the best stocks to buy are emerging market bank stocks like **BanColombia S.A.** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ) and regional banks like **First Citizens Bancshares Inc.** ([FCNCA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FCNCA&selected=FCNCA)) ) and **Signature Bank** ([SBNY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SBNY&selected=SBNY)) ). And right now, most of the worst financial stocks are tied up in capital markets and Europe financial investments suffering from sovereign debt problems in Greece, Spain and elsewhere. Stocks to sell include Netherlands bank **ING Groep N.V.** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) and Switzerland's **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ), along with U.S. investment banks **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ) and **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ).This goes to show the strange double-edged sword of financial stocks and investment strategy tied to this sector. Investment in banks and financial stocks in the wake of the Lehman Brothers bankruptcy has been tricky since the failure of Lehman Brothers. On the other hand, the resurgence of some bank since the lows of 2009 has been dramatic, with massive profits as shares have doubled or tripled. **Related Article: [5 Reasons to Buy Bank of America ( ](http://www.investorplace.com/experts/jim_woods/buy-bank-of-america-bac-stock-bofa-jpm-c-wfc-gs-financials.html) [BAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BAC&selected=BAC) ) Stock** So how can you tell the difference between a stock to buy and an investment to sell? The news is complicated, and may cause your trading strategy more confusion than clarity. Congress is fresh off a long Memorial Day weekend recess, and financial regulations are front and center. At the same time, disgraced financial stock **American International Group** ([AIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIG&selected=AIG)) ) is deadlocked in negotiations with insurance giant **Prudential** ([PRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PRU&selected=PRU)) ) over the sale of its Asian operations as the company looks to sell some assets in the wake of the taxpayer bailout prompted by the financial crisis. To top off the drama for banking stocks, the number of bank failures is at 78 so far in 2010, on pace to top the record 140 in 2009 and prompting worries that the FDIC is running out of money.My solution to all this is deceptively simple: Look at the fundamentals of any investment, and the numbers will tell you whether its a good stock to buy or whether your stock trading strategy is better served in other opportunities. Let me show you what I mean with my list of 12 financial stocks to sell now to protect your money:Financial Stocks to Sell - 12 Investments to AvoidTake the giant financial stock **ING** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ). The company was recently downgraded by Keefe Bruyette to "market perform" from "outperform." And while ING did top Wall Street estimates in its recent earnings report on May 12, the company is improving over significant losses in previous quarters and doesn't have the momentum investors can have confidence in just yet. On top of that, its exposure to European debt woes - the Netherlands uses the euro as its currency - makes this stock very unpopular with investors. The result has been a 20% decline in ING stock year-to-date.On the investment bank side, let's look at **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ). NTRS provides asset servicing, fund administration and investment management for both individuals and institutions. You would think that after the stock market has soared since the 2009 lows that this investment bank would be back on the right track. Well, not so. Northern Trust earnings recently fell well short of Wall Street estimates on the first quarter, a at 64 cents a share instead of a projected 72 cents. That double-digit percentage miss coupled with a projection of a -11% decline in revenue for the current quarter has held back this stock. The May 25 initiation of coverage by Jeffries with a "hold" rating only adds fuel to fire. This is clearly not an investment to get your money behind. **Related Article: [Is Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) ) Worse Than BP?**The stories are the same for the other 10 stocks on my list of financial investments to sell right now. Here they are, complete with their industry and market cap:Symbol Company Name Industry Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) BBVA Banco Bilbao Vizcaya Argentaria Commercial Banks $38.8 BXS BancorpSouth Inc. Commercial Banks $1.6 CFFN Capitol Federal Financial Thrifts & Mortgage Finance $2.4 SCHW Charles Schwab Corp. Capital Markets $19.5 CS Credit Suisse Group Capital Markets $44.7 FII Federated Investors Inc. Capital Markets $2.3 ING ING Groep N.V. Diversified Financial Services $30.0 KCG Knight Capital Group Inc. Capital Markets $1.4 NDAQ NASDAQ OMX Group Diversified Financial Services $3.9 NTRS Northern Trust Corp. Capital Markets $12.3 NYX NYSE Euronext Diversified Financial Services $7.5 PBCT People's United Financial Inc. Thrifts & Mortgage Finance $5.1 Hot Bank Stocks to Buy - 12 Investments Worth Your MoneyOn the other side of the coin, you can see the numbers also back up my 12 stocks to buy right now. They include smaller banks that may not be the first investments you think of for your money, but these emerging market stocks and regional banks are certainly a good investment in my book.Take **Annaly Capital Management** ([NLY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NLY&selected=NLY)) ), a small real-estate investment trust. On May 7, JMP Securities upgraded Annaly stock to "market outperform" from "market perform." The company has seen a number of upward revisions to earnings estimates in the last month or so, both for its next upcoming report and for the full year. Stock market analysts never like to get it wrong, so you can be sure that an improvement in earnings and revenue estimates for NLY stock means that this is a good investment in many investors' eyes. To top it all off, this company is known for its monster dividend yields - currently calculated out to a 15% annualized rate based on previous payout history! The real numbers, however, can be found in emerging market investments like Latin America banks. Take Argentina stock **Banco Macro** ([BMA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMA&selected=BMA)) ) and Colombia stock **BanColombia** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ). Both have significantly outperformed the rest of their sector and the market in general. BanColombia, for instance, is sitting on a +3% gain year-to-date even as the rest of the U.S. stock market has slipped by the same amount. That's because both stocks have consistently grown revenue and earnings in recent quarters. BMA stock has seen four consecutive quarters of earnings growth and three-straight earnings surprises - the largest of which came last quarter with a +35% earnings beat for this Argentina stock. BanColombia has done just as well, with three consecutive quarters of earnings growth and four consecutive earnings surprises, the largest of which topped +28%. **Related Article: [Why Emerging Markets China and India are Second to BRIC Investment Brazil](http://www.investorplace.com/experts/jeff_reeves/bric-funds-brazil-investments-emerging-market-stocks.html)**You can see why I'm so bullish on these financial investments right now. If you look closely at the numbers for the rest of this list of stocks to buy, you'll see similar evidence of success. Here they are:Symbol Company Name Industry Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) NLY Annaly Capital Management Real Estate Investment Trusts $9.5 ACGL Arch Capital Group Ltd. Insurance $3.9 BMA Banco Macro S.A. Commercial Banks $1.6 CIB BanColombia S.A. Commercial Banks $3.3 CSH Cash America International Consumer Finance $1.1 CNA CNA Financial Corp. Insurance $7.0 BCA CorpBanca S.A. Commercial Banks $1.9 ERIE Erie Indemnity Co. Insurance $2.6 FCNCA First Citizens Bancshares Commercial Banks $2.1 ISBC Investors Bancorp Inc. Commercial Banks $1.6 KFN KKR Financial Holdings LLC Diversified Financial Services $1.3 SBNY Signature Bank Commercial Banks $1.5As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios. ** [Tell us what you think here.](mailto:[email protected])**
Stock Price 4 days before: 19.0152
Stock Price 2 days before: 18.708
Stock Price 1 day before: 18.5013
Stock Price at release: 18.4879
Risk-Free Rate at release: 0.0014
| 16.357 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: GS|Markets|BAC
Title: 12 Bank Stocks to Buy and 12 Financial Investments to Sell
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-01 03:11:00
Article: One stock market sector that has defied the most disciplined trading strategy in the last few years has been financials. Investment in banks and financial stocks changes quickly, but let me take the guesswork out of investing for this week with 12 hot financial stocks to buy and 12 stocks to sell that are "dogs with fleas." Among the favorites on my list the best stocks to buy are emerging market bank stocks like **BanColombia S.A.** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ) and regional banks like **First Citizens Bancshares Inc.** ([FCNCA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FCNCA&selected=FCNCA)) ) and **Signature Bank** ([SBNY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SBNY&selected=SBNY)) ). And right now, most of the worst financial stocks are tied up in capital markets and Europe financial investments suffering from sovereign debt problems in Greece, Spain and elsewhere. Stocks to sell include Netherlands bank **ING Groep N.V.** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) and Switzerland's **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ), along with U.S. investment banks **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ) and **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ).This goes to show the strange double-edged sword of financial stocks and investment strategy tied to this sector. Investment in banks and financial stocks in the wake of the Lehman Brothers bankruptcy has been tricky since the failure of Lehman Brothers. On the other hand, the resurgence of some bank since the lows of 2009 has been dramatic, with massive profits as shares have doubled or tripled. **Related Article: [5 Reasons to Buy Bank of America ( ](http://www.investorplace.com/experts/jim_woods/buy-bank-of-america-bac-stock-bofa-jpm-c-wfc-gs-financials.html) [BAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BAC&selected=BAC) ) Stock** So how can you tell the difference between a stock to buy and an investment to sell? The news is complicated, and may cause your trading strategy more confusion than clarity. Congress is fresh off a long Memorial Day weekend recess, and financial regulations are front and center. At the same time, disgraced financial stock **American International Group** ([AIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIG&selected=AIG)) ) is deadlocked in negotiations with insurance giant **Prudential** ([PRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PRU&selected=PRU)) ) over the sale of its Asian operations as the company looks to sell some assets in the wake of the taxpayer bailout prompted by the financial crisis. To top off the drama for banking stocks, the number of bank failures is at 78 so far in 2010, on pace to top the record 140 in 2009 and prompting worries that the FDIC is running out of money.My solution to all this is deceptively simple: Look at the fundamentals of any investment, and the numbers will tell you whether its a good stock to buy or whether your stock trading strategy is better served in other opportunities. Let me show you what I mean with my list of 12 financial stocks to sell now to protect your money:Financial Stocks to Sell - 12 Investments to AvoidTake the giant financial stock **ING** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ). The company was recently downgraded by Keefe Bruyette to "market perform" from "outperform." And while ING did top Wall Street estimates in its recent earnings report on May 12, the company is improving over significant losses in previous quarters and doesn't have the momentum investors can have confidence in just yet. On top of that, its exposure to European debt woes - the Netherlands uses the euro as its currency - makes this stock very unpopular with investors. The result has been a 20% decline in ING stock year-to-date.On the investment bank side, let's look at **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ). NTRS provides asset servicing, fund administration and investment management for both individuals and institutions. You would think that after the stock market has soared since the 2009 lows that this investment bank would be back on the right track. Well, not so. Northern Trust earnings recently fell well short of Wall Street estimates on the first quarter, a at 64 cents a share instead of a projected 72 cents. That double-digit percentage miss coupled with a projection of a -11% decline in revenue for the current quarter has held back this stock. The May 25 initiation of coverage by Jeffries with a "hold" rating only adds fuel to fire. This is clearly not an investment to get your money behind. **Related Article: [Is Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) ) Worse Than BP?**The stories are the same for the other 10 stocks on my list of financial investments to sell right now. Here they are, complete with their industry and market cap:Symbol Company Name Industry Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) BBVA Banco Bilbao Vizcaya Argentaria Commercial Banks $38.8 BXS BancorpSouth Inc. Commercial Banks $1.6 CFFN Capitol Federal Financial Thrifts & Mortgage Finance $2.4 SCHW Charles Schwab Corp. Capital Markets $19.5 CS Credit Suisse Group Capital Markets $44.7 FII Federated Investors Inc. Capital Markets $2.3 ING ING Groep N.V. Diversified Financial Services $30.0 KCG Knight Capital Group Inc. Capital Markets $1.4 NDAQ NASDAQ OMX Group Diversified Financial Services $3.9 NTRS Northern Trust Corp. Capital Markets $12.3 NYX NYSE Euronext Diversified Financial Services $7.5 PBCT People's United Financial Inc. Thrifts & Mortgage Finance $5.1 Hot Bank Stocks to Buy - 12 Investments Worth Your MoneyOn the other side of the coin, you can see the numbers also back up my 12 stocks to buy right now. They include smaller banks that may not be the first investments you think of for your money, but these emerging market stocks and regional banks are certainly a good investment in my book.Take **Annaly Capital Management** ([NLY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NLY&selected=NLY)) ), a small real-estate investment trust. On May 7, JMP Securities upgraded Annaly stock to "market outperform" from "market perform." The company has seen a number of upward revisions to earnings estimates in the last month or so, both for its next upcoming report and for the full year. Stock market analysts never like to get it wrong, so you can be sure that an improvement in earnings and revenue estimates for NLY stock means that this is a good investment in many investors' eyes. To top it all off, this company is known for its monster dividend yields - currently calculated out to a 15% annualized rate based on previous payout history! The real numbers, however, can be found in emerging market investments like Latin America banks. Take Argentina stock **Banco Macro** ([BMA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMA&selected=BMA)) ) and Colombia stock **BanColombia** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ). Both have significantly outperformed the rest of their sector and the market in general. BanColombia, for instance, is sitting on a +3% gain year-to-date even as the rest of the U.S. stock market has slipped by the same amount. That's because both stocks have consistently grown revenue and earnings in recent quarters. BMA stock has seen four consecutive quarters of earnings growth and three-straight earnings surprises - the largest of which came last quarter with a +35% earnings beat for this Argentina stock. BanColombia has done just as well, with three consecutive quarters of earnings growth and four consecutive earnings surprises, the largest of which topped +28%. **Related Article: [Why Emerging Markets China and India are Second to BRIC Investment Brazil](http://www.investorplace.com/experts/jeff_reeves/bric-funds-brazil-investments-emerging-market-stocks.html)**You can see why I'm so bullish on these financial investments right now. If you look closely at the numbers for the rest of this list of stocks to buy, you'll see similar evidence of success. Here they are:Symbol Company Name Industry Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) NLY Annaly Capital Management Real Estate Investment Trusts $9.5 ACGL Arch Capital Group Ltd. Insurance $3.9 BMA Banco Macro S.A. Commercial Banks $1.6 CIB BanColombia S.A. Commercial Banks $3.3 CSH Cash America International Consumer Finance $1.1 CNA CNA Financial Corp. Insurance $7.0 BCA CorpBanca S.A. Commercial Banks $1.9 ERIE Erie Indemnity Co. Insurance $2.6 FCNCA First Citizens Bancshares Commercial Banks $2.1 ISBC Investors Bancorp Inc. Commercial Banks $1.6 KFN KKR Financial Holdings LLC Diversified Financial Services $1.3 SBNY Signature Bank Commercial Banks $1.5As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios. ** [Tell us what you think here.](mailto:[email protected])**
Stock Price 4 days before: 19.0152
Stock Price 2 days before: 18.708
Stock Price 1 day before: 18.5013
Stock Price at release: 18.4879
Risk-Free Rate at release: 0.0014
| 16.357 |
Symbol: IMOS
Security: ChipMOS TECHNOLOGIES INC.
Related Stocks/Topics: SIRI|Markets|TSEM|NEWT|IGOI
Title: 10 Penny Stocks to Buy Under 2 Bucks
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-01 03:27:00
Article: Finding penny stocks to buy in the tech sector can be a difficult trading strategy, but these investments can also be great ways to make money in the stock market. Aggressive technology penny stocks can deliver big profits in a hurry after just a little buying pressure. It's because of this that some of my favorite penny stocks to buy right now are tech picks including **ChipMos Technologies** ([IMOS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IMOS&selected=IMOS)) ), **iGo Inc.** ([IGOI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IGOI&selected=IGOI)) ), **Newtek Business Services** ([NEWT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NEWT&selected=NEWT)) ) and **Tower Semiconductor** ([TSEM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSEM&selected=TSEM)) ) among others.Of course, that doesn't mean your penny stock investment strategy has to be limited to tech only. Investing your money in **Sirius XM** ([SIRI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SIRI&selected=SIRI)) ), **Antares Pharma** ([AIS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIS&selected=AIS)) ) or **Dreams Inc** . ([DRJ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DRJ&selected=DRJ)) ) is also a good strategy according to my latest analysis of penny stocks under $2 (at least as of this morning's market open). Let me give you a breakdown on each of these stocks and why they make my list of the top 10 penny stocks to buy right now: - **Antares Pharma** - AIS focuses on self-injection pharmaceutical products and technologies and topical gel-based products. Though Antares is not yet profitable, this biotech start-up is a perfect takeover target due to its innovative drug delivery technology. This is a hot penny stock to buy. - **ChipMOS Technologies** - IMOS is in the semiconductor business, providing testing and assembly for the electronics that go into LCD and flat-panel displays. That includes not just TVs but also laptops and other gadgets. As consumer spending picks up, ChipMOS will do brisk business. ChipMOS fits into almost any investment strategy. - **Dreams Inc.** - DRJ is a diamond in the rough of the retail sector. Dreams Inc. specializes in the sale of sports licensed products and memorabilia, and will see booming business as the summer recreation months merge perfectly with a bounce in consumer sentiment. This is a good penny stock investment. - **Harris Interactive** - HPOL is a market research company that operates in North America, Europe, and Asia. Harris is seeing strong sales as corporations ramp up production and sales efforts, increasing demand for HPOL services. Harris is a penny stock worth investing your money in. - **iGo Inc.** - IGOI designs and creates power and battery products for mobile electronic devices. Like ChipMOS, iGo will see brisk business and gadget sales increase. If your trading strategy favors small cap stocks, iGo is a great investment. - **LML Payment Systems** - LMLP is a great mix of a tech stock and a retail investment. This penny stock helps manage and authenticate online sales transactions, meaning that as consumer trends improve and shoppers look for deals on the web, LMLP will be there. - **Newtek Business Services** - NEWT provides business services including payment processing and check approval to merchants and businesses of small to middle size. Like LMLP, this penny stock should see a bounce as consumer spending improves. - **Tii Network Technologies** - TIII is a communications stock that specializes in DSL and networking technologies. As businesses and residences ramp up their internet use in time with the broader recovery, TIII stock should benefit. - **Tower Semiconductor** - TSEM is a fairly well known tech stock, but this company is trading at penny stock levels right now and is a great investment. Located in Israel, this technology company will benefit from the tech boom and rebound in consumer spending. - **Sirius XM Radio** - [SIRI stock](http://www.investorplace.com/experts/louis_navellier/articles/stock-picks-hot-penny-stocks-to-buy-siri-sirius-xm-vonage-vg-joes-jeans-joez-aezs-ais-acls-imos-crxx-icog-lts-qmm-tsem.html) was one of my [hot penny stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/stock-picks-hot-penny-stocks-to-buy-siri-sirius-xm-vonage-vg-joes-jeans-joez-aezs-ais-acls-imos-crxx-icog-lts-qmm-tsem.html) last week, and remains on the list for the same reasons as before. It is much bigger than other companies on this list of penny stock trading strategies, so doesn't carry the same volatility. What's more, the boom in new car sales will lift the Sirius XM satellite radio audience. So there you have it -- my 10 favorite penny stocks to buy now. One word of warning, however: I recommend that you use limit orders whenever buying stocks that are this small. I'm not talking about the share price, of course, but rather the average volume and market cap. Just buying a few hundred -- or even a few dozen -- shares could send prices soaring, so if you're going to buy any of these penny stocks I advise you set your entry price at 10 cents above the previous day's close and don't pay a penny more. You may have to string your purchase out over several days, but it is much better to enter at the right price in these penny stocks. Because of the low valuations, just a few cents difference can mean big profits or losses. So again, always use a limit order and under no circumstances place a market order.As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios. ******Related Articles:** - [BRIC Investment Strategy - 3 Emerging Market Bank Stocks to Buy](http://www.investorplace.com/experts/louis_navellier/articles/bank-stocks-bric-funds-brazil-investments-emerging-market-stock-picks-chile-argentina-colombia.html) - [Steel Output Rises as Prices Fall (MT, NUE, AKS, FCX, X)](http://www.investorplace.com/experts/paul_ausick/articles/steel-prices-metal-mining-arcelor-mittal-mt-nucor-nue-aks-freeport-fcx-x-stock.html) - [Hewlett-Packard To Spend $1B on Job Cuts (HPQ, IBM, ORCL, SAP, SY)](http://www.investorplace.com/experts/paul_ausick/articles/hewlett-packard-hpq-job-cuts-hp-layoffs-ibm-oracle-orcl-sap-sybase-sy-tech-stock.html)
Stock Price 4 days before: 1.67104
Stock Price 2 days before: 1.65
Stock Price 1 day before: 1.64951
Stock Price at release: 1.64951
Risk-Free Rate at release: 0.0014
| 1.46036 |
Symbol: NEWT
Security: Newtek Business Services Corp.
Related Stocks/Topics: SIRI|Markets|TSEM|IMOS|IGOI
Title: 10 Penny Stocks to Buy Under 2 Bucks
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-01 03:27:00
Article: Finding penny stocks to buy in the tech sector can be a difficult trading strategy, but these investments can also be great ways to make money in the stock market. Aggressive technology penny stocks can deliver big profits in a hurry after just a little buying pressure. It's because of this that some of my favorite penny stocks to buy right now are tech picks including **ChipMos Technologies** ([IMOS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IMOS&selected=IMOS)) ), **iGo Inc.** ([IGOI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IGOI&selected=IGOI)) ), **Newtek Business Services** ([NEWT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NEWT&selected=NEWT)) ) and **Tower Semiconductor** ([TSEM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSEM&selected=TSEM)) ) among others.Of course, that doesn't mean your penny stock investment strategy has to be limited to tech only. Investing your money in **Sirius XM** ([SIRI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SIRI&selected=SIRI)) ), **Antares Pharma** ([AIS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIS&selected=AIS)) ) or **Dreams Inc** . ([DRJ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DRJ&selected=DRJ)) ) is also a good strategy according to my latest analysis of penny stocks under $2 (at least as of this morning's market open). Let me give you a breakdown on each of these stocks and why they make my list of the top 10 penny stocks to buy right now: - **Antares Pharma** - AIS focuses on self-injection pharmaceutical products and technologies and topical gel-based products. Though Antares is not yet profitable, this biotech start-up is a perfect takeover target due to its innovative drug delivery technology. This is a hot penny stock to buy. - **ChipMOS Technologies** - IMOS is in the semiconductor business, providing testing and assembly for the electronics that go into LCD and flat-panel displays. That includes not just TVs but also laptops and other gadgets. As consumer spending picks up, ChipMOS will do brisk business. ChipMOS fits into almost any investment strategy. - **Dreams Inc.** - DRJ is a diamond in the rough of the retail sector. Dreams Inc. specializes in the sale of sports licensed products and memorabilia, and will see booming business as the summer recreation months merge perfectly with a bounce in consumer sentiment. This is a good penny stock investment. - **Harris Interactive** - HPOL is a market research company that operates in North America, Europe, and Asia. Harris is seeing strong sales as corporations ramp up production and sales efforts, increasing demand for HPOL services. Harris is a penny stock worth investing your money in. - **iGo Inc.** - IGOI designs and creates power and battery products for mobile electronic devices. Like ChipMOS, iGo will see brisk business and gadget sales increase. If your trading strategy favors small cap stocks, iGo is a great investment. - **LML Payment Systems** - LMLP is a great mix of a tech stock and a retail investment. This penny stock helps manage and authenticate online sales transactions, meaning that as consumer trends improve and shoppers look for deals on the web, LMLP will be there. - **Newtek Business Services** - NEWT provides business services including payment processing and check approval to merchants and businesses of small to middle size. Like LMLP, this penny stock should see a bounce as consumer spending improves. - **Tii Network Technologies** - TIII is a communications stock that specializes in DSL and networking technologies. As businesses and residences ramp up their internet use in time with the broader recovery, TIII stock should benefit. - **Tower Semiconductor** - TSEM is a fairly well known tech stock, but this company is trading at penny stock levels right now and is a great investment. Located in Israel, this technology company will benefit from the tech boom and rebound in consumer spending. - **Sirius XM Radio** - [SIRI stock](http://www.investorplace.com/experts/louis_navellier/articles/stock-picks-hot-penny-stocks-to-buy-siri-sirius-xm-vonage-vg-joes-jeans-joez-aezs-ais-acls-imos-crxx-icog-lts-qmm-tsem.html) was one of my [hot penny stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/stock-picks-hot-penny-stocks-to-buy-siri-sirius-xm-vonage-vg-joes-jeans-joez-aezs-ais-acls-imos-crxx-icog-lts-qmm-tsem.html) last week, and remains on the list for the same reasons as before. It is much bigger than other companies on this list of penny stock trading strategies, so doesn't carry the same volatility. What's more, the boom in new car sales will lift the Sirius XM satellite radio audience. So there you have it -- my 10 favorite penny stocks to buy now. One word of warning, however: I recommend that you use limit orders whenever buying stocks that are this small. I'm not talking about the share price, of course, but rather the average volume and market cap. Just buying a few hundred -- or even a few dozen -- shares could send prices soaring, so if you're going to buy any of these penny stocks I advise you set your entry price at 10 cents above the previous day's close and don't pay a penny more. You may have to string your purchase out over several days, but it is much better to enter at the right price in these penny stocks. Because of the low valuations, just a few cents difference can mean big profits or losses. So again, always use a limit order and under no circumstances place a market order.As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios. ******Related Articles:** - [BRIC Investment Strategy - 3 Emerging Market Bank Stocks to Buy](http://www.investorplace.com/experts/louis_navellier/articles/bank-stocks-bric-funds-brazil-investments-emerging-market-stock-picks-chile-argentina-colombia.html) - [Steel Output Rises as Prices Fall (MT, NUE, AKS, FCX, X)](http://www.investorplace.com/experts/paul_ausick/articles/steel-prices-metal-mining-arcelor-mittal-mt-nucor-nue-aks-freeport-fcx-x-stock.html) - [Hewlett-Packard To Spend $1B on Job Cuts (HPQ, IBM, ORCL, SAP, SY)](http://www.investorplace.com/experts/paul_ausick/articles/hewlett-packard-hpq-job-cuts-hp-layoffs-ibm-oracle-orcl-sap-sybase-sy-tech-stock.html)
Stock Price 4 days before: 1.46
Stock Price 2 days before: 1.4788
Stock Price 1 day before: 1.49576
Stock Price at release: 1.49493
Risk-Free Rate at release: 0.0014
| 1.37925 |
Symbol: AMSC
Security: American Superconductor Corporation
Related Stocks/Topics: Markets
Title: A Potentially Bullish Sign from some Very Knowledgeable Investors
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-01 05:32:00
Article: Company executives may not know much about the stock market. But they know plenty about their own business. That's why many investors track their every move. When these insiders notify the Securities and Exchange Commission that they have just bought company stock, investors sit up and take notice, because future results may be brightening. But few investors pay heed to sales of stock by these insiders. That's because there's usually a lot more selling than buying, as these insiders often are simply taking profits from stock option grants.Well, just last week, we saw more insider purchases than insider sales, according to InsiderInsights.com. The net positive reading hasn't been seen in some time. In fact, the last time insiders posted such a bullish bet on stocks was in April 2009 - just a month after the powerful rally began. Many of the recent buying transactions appear to be coming from companies that have seen their shares sharply pushed off their highs, even as the fundamental outlook for the company is unchanged. But the folks at InsiderInsights bring a caveat: executives at companies are often a bit naive when anticipating how their stock will fare in the near future. Their insider buying activities tend to pay off, but only over the medium or long-term. In fact, history has shown that an increasing number of insiders can step in to buy their shares as a market falls further and further. So for many investors, it pays to brush up on the companies that seeing heavy insider buying, but hold off jumping in until you think the market has stabilized. **Action to Take -->** There are a few other items to monitor. First off, you should be heartened when several executives at a firm do some buying. Look for buying clusters by the chief executive officer, the chief financial officer and any board members. In addition, you may want to look at their track record. Various websites will tell you when insiders bought and sold in the past. And you can go back and see how those trades panned out. You want to mimic the insiders who have a history of buying their own stock closer to lows and selling closer to highs.Not surprisingly, executives of oil and gas firms that are squarely focused on land-based drilling and oil and gas transport have been active buyers of their stock lately. That's because they've been tarnished with the same brush as their offshore-focused peers. Names in the space include **PetroQuest Energy ([PQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PQ&selected=PQ)) )** , which just saw more than $10 million in insider buying and **Crosstex Energy (Nasdaq: XTEX)** , where insiders recently spent $13 million on their company's stock.Insiders will occasionally buy their own stock even when it's trading well above the lows, as they see a future that is even brighter than analysts expect. Insiders picked up more than $6 million in stock at **American Superconductor (Nasdaq: AMSC)** at around $30 a share, even though shares had been closer to $25 a few weeks earlier. In a similar vein, four different insiders bought a collective $8 million in stock at **Loral (Nasdaq: LORL)** , a satellite services provider, even as shares sit at twice the 52-week low.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 31.3849
Stock Price 2 days before: 30.7793
Stock Price 1 day before: 30.2341
Stock Price at release: 30.1965
Risk-Free Rate at release: 0.0014
| 26.8158 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: Markets|CNA|NDAQ|SCHW|BBVA|NTRS|FCNCA|CIB|ING|ACGL|CFFN|ERIE|BAC|BMA|SBNY|NLY|GS
Title: 12 Bank Stocks to Buy and 12 Financial Investments to Sell
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-01 09:54:00
Article: One stock market sector that has defied the most disciplined trading strategy in the last few years has been financials. Investment in banks and financial stocks changes quickly, but let me take the guesswork out of investing for this week with 12 hot financial stocks to buy and 12 stocks to sell that are "dogs with fleas." Among the favorites on my list the best stocks to buy are emerging market bank stocks like **BanColombia S.A.** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ) and regional banks like **First Citizens Bancshares Inc.** ([FCNCA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FCNCA&selected=FCNCA)) ) and **Signature Bank** ([SBNY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SBNY&selected=SBNY)) ). And right now, most of the worst financial stocks are tied up in capital markets and Europe financial investments suffering from sovereign debt problems in Greece, Spain and elsewhere. Stocks to sell include Netherlands bank **ING Groep N.V.** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) and Switzerland's **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ), along with U.S. investment banks **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ) and **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ).This goes to show the strange double-edged sword of financial stocks and investment strategy tied to this sector. Investment in banks and financial stocks in the wake of the Lehman Brothers bankruptcy has been tricky since the failure of Lehman Brothers. On the other hand, the resurgence of some bank since the lows of 2009 has been dramatic, with massive profits as shares have doubled or tripled. **Related Article: [5 Reasons to Buy Bank of America ( ](http://www.investorplace.com/experts/jim_woods/buy-bank-of-america-bac-stock-bofa-jpm-c-wfc-gs-financials.html) [BAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BAC&selected=BAC) ) Stock** So how can you tell the difference between a stock to buy and an investment to sell? The news is complicated, and may cause your trading strategy more confusion than clarity. Congress is fresh off a long Memorial Day weekend recess, and financial regulations are front and center. At the same time, disgraced financial stock **American International Group** ([AIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIG&selected=AIG)) ) is deadlocked in negotiations with insurance giant **Prudential** ([PRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PRU&selected=PRU)) ) over the sale of its Asian operations as the company looks to sell some assets in the wake of the taxpayer bailout prompted by the financial crisis. To top off the drama for banking stocks, the number of bank failures is at 78 so far in 2010, on pace to top the record 140 in 2009 and prompting worries that the FDIC is running out of money.My solution to all this is deceptively simple: Look at the fundamentals of any investment, and the numbers will tell you whether its a good stock to buy or whether your stock trading strategy is better served in other opportunities. Let me show you what I mean with my list of 12 financial stocks to sell now to protect your money:**Financial Stocks to Sell - 12 Investments to Avoid** Take the giant financial stock **ING** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ). The company was recently downgraded by Keefe Bruyette to "market perform" from "outperform." And while ING did top Wall Street estimates in its recent earnings report on May 12, the company is improving over significant losses in previous quarters and doesn't have the momentum investors can have confidence in just yet. On top of that, its exposure to European debt woes -- the Netherlands uses the euro as its currency -- makes this stock very unpopular with investors. The result has been a 20% decline in ING stock year-to-date.On the investment bank side, let's look at **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ). NTRS provides asset servicing, fund administration and investment management for both individuals and institutions. You would think that after the stock market has soared since the 2009 lows that this investment bank would be back on the right track. Well, not so. Northern Trust earnings recently fell well short of Wall Street estimates on the first quarter, a at 64 cents a share instead of a projected 72 cents. That double-digit percentage miss coupled with a projection of a -11% decline in revenue for the current quarter has held back this stock. The May 25 initiation of coverage by Jeffries with a "hold" rating only adds fuel to fire. This is clearly not an investment to get your money behind. **Related Article: [Is Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) ) Worse Than BP?**The stories are the same for the other 10 stocks on my list of financial investments to sell right now. Here they are, complete with their industry and market cap:**Hot Bank Stocks to Buy - 12 Investments Worth Your Money** On the other side of the coin, you can see the numbers also back up my 12 stocks to buy right now. They include smaller banks that may not be the first investments you think of for your money, but these emerging market stocks and regional banks are certainly a good investment in my book.Take **Annaly Capital Management** ([NLY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NLY&selected=NLY)) ), a small real-estate investment trust. On May 7, JMP Securities upgraded Annaly stock to "market outperform" from "market perform." The company has seen a number of upward revisions to earnings estimates in the last month or so, both for its next upcoming report and for the full year. Stock market analysts never like to get it wrong, so you can be sure that an improvement in earnings and revenue estimates for NLY stock means that this is a good investment in many investors' eyes. To top it all off, this company is known for its monster dividend yields -- currently calculated out to a 15% annualized rate based on previous payout history!The real numbers, however, can be found in emerging market investments like Latin America banks. Take Argentina stock **Banco Macro** ([BMA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMA&selected=BMA)) ) and Colombia stock **BanColombia** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ). Both have significantly outperformed the rest of their sector and the market in general. BanColombia, for instance, is sitting on a +3% gain year-to-date even as the rest of the U.S. stock market has slipped by the same amount. That's because both stocks have consistently grown revenue and earnings in recent quarters. BMA stock has seen four consecutive quarters of earnings growth and three-straight earnings surprises -- the largest of which came last quarter with a +35% earnings beat for this Argentina stock. BanColombia has done just as well, with three consecutive quarters of earnings growth and four consecutive earnings surprises, the largest of which topped +28%. **Related Article: [Why Emerging Markets China and India are Second to BRIC Investment Brazil](http://www.investorplace.com/experts/jeff_reeves/bric-funds-brazil-investments-emerging-market-stocks.html)**You can see why I'm so bullish on these financial investments right now. If you look closely at the numbers for the rest of this list of stocks to buy, you'll see similar evidence of success. Here they are:As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios.About Portfolio Grader: Every Sunday, renowned growth stock advisor Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108). ******Related Articles:** - [5 Booming Blue Chip Stocks to Buy Now](http://www.investorplace.com/experts/louis_navellier/articles/gallery/blue-chip-stock-to-buy-abc-hsp-esrx-cl-stx.html) - [7 Low-Risk Investment Strategies for June](http://www.investorplace.com/education/gallery/top-stocks-to-buy-investment-dps-mrk-bkcc-onp-wbmd-prst-stm-part8.html) - [Hot Tech Stock Picks to Buy Now - AAPL, MSFT, BTN, MRVL, VIT, HPQ, STM](http://www.investorplace.com/experts/jeff_reeves/hot-tech-stock-picks-to-buy-apple-aapl-microsoft-msft-ballantyne-btn-marvell-mrvl-vanceinfo-vit-hpq-hewlett-packard-stm.html)
Stock Price 4 days before: 18.9037
Stock Price 2 days before: 18.708
Stock Price 1 day before: 18.5013
Stock Price at release: 18.5647
Risk-Free Rate at release: 0.0014
| 16.2523 |
Symbol: CFFN
Security: Capitol Federal Financial, Inc.
Related Stocks/Topics: Markets|CNA|NDAQ|SCHW|BBVA|NTRS|FCNCA|CIB|ING|ACGL|ERIE|BAC|B|BMA|SBNY|NLY|GS
Title: 12 Bank Stocks to Buy and 12 Financial Investments to Sell
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-01 09:54:00
Article: One stock market sector that has defied the most disciplined trading strategy in the last few years has been financials. Investment in banks and financial stocks changes quickly, but let me take the guesswork out of investing for this week with 12 hot financial stocks to buy and 12 stocks to sell that are "dogs with fleas." Among the favorites on my list the best stocks to buy are emerging market bank stocks like **BanColombia S.A.** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ) and regional banks like **First Citizens Bancshares Inc.** ([FCNCA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FCNCA&selected=FCNCA)) ) and **Signature Bank** ([SBNY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SBNY&selected=SBNY)) ). And right now, most of the worst financial stocks are tied up in capital markets and Europe financial investments suffering from sovereign debt problems in Greece, Spain and elsewhere. Stocks to sell include Netherlands bank **ING Groep N.V.** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) and Switzerland's **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ), along with U.S. investment banks **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ) and **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ).This goes to show the strange double-edged sword of financial stocks and investment strategy tied to this sector. Investment in banks and financial stocks in the wake of the Lehman Brothers bankruptcy has been tricky since the failure of Lehman Brothers. On the other hand, the resurgence of some bank since the lows of 2009 has been dramatic, with massive profits as shares have doubled or tripled. **Related Article: [5 Reasons to Buy Bank of America ( ](http://www.investorplace.com/experts/jim_woods/buy-bank-of-america-bac-stock-bofa-jpm-c-wfc-gs-financials.html) [BAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BAC&selected=BAC) ) Stock** So how can you tell the difference between a stock to buy and an investment to sell? The news is complicated, and may cause your trading strategy more confusion than clarity. Congress is fresh off a long Memorial Day weekend recess, and financial regulations are front and center. At the same time, disgraced financial stock **American International Group** ([AIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIG&selected=AIG)) ) is deadlocked in negotiations with insurance giant **Prudential** ([PRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PRU&selected=PRU)) ) over the sale of its Asian operations as the company looks to sell some assets in the wake of the taxpayer bailout prompted by the financial crisis. To top off the drama for banking stocks, the number of bank failures is at 78 so far in 2010, on pace to top the record 140 in 2009 and prompting worries that the FDIC is running out of money.My solution to all this is deceptively simple: Look at the fundamentals of any investment, and the numbers will tell you whether its a good stock to buy or whether your stock trading strategy is better served in other opportunities. Let me show you what I mean with my list of 12 financial stocks to sell now to protect your money:**Financial Stocks to Sell - 12 Investments to Avoid** Take the giant financial stock **ING** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ). The company was recently downgraded by Keefe Bruyette to "market perform" from "outperform." And while ING did top Wall Street estimates in its recent earnings report on May 12, the company is improving over significant losses in previous quarters and doesn't have the momentum investors can have confidence in just yet. On top of that, its exposure to European debt woes -- the Netherlands uses the euro as its currency -- makes this stock very unpopular with investors. The result has been a 20% decline in ING stock year-to-date.On the investment bank side, let's look at **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ). NTRS provides asset servicing, fund administration and investment management for both individuals and institutions. You would think that after the stock market has soared since the 2009 lows that this investment bank would be back on the right track. Well, not so. Northern Trust earnings recently fell well short of Wall Street estimates on the first quarter, a at 64 cents a share instead of a projected 72 cents. That double-digit percentage miss coupled with a projection of a -11% decline in revenue for the current quarter has held back this stock. The May 25 initiation of coverage by Jeffries with a "hold" rating only adds fuel to fire. This is clearly not an investment to get your money behind. **Related Article: [Is Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) ) Worse Than BP?**The stories are the same for the other 10 stocks on my list of financial investments to sell right now. Here they are, complete with their industry and market cap:**Hot Bank Stocks to Buy - 12 Investments Worth Your Money** On the other side of the coin, you can see the numbers also back up my 12 stocks to buy right now. They include smaller banks that may not be the first investments you think of for your money, but these emerging market stocks and regional banks are certainly a good investment in my book.Take **Annaly Capital Management** ([NLY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NLY&selected=NLY)) ), a small real-estate investment trust. On May 7, JMP Securities upgraded Annaly stock to "market outperform" from "market perform." The company has seen a number of upward revisions to earnings estimates in the last month or so, both for its next upcoming report and for the full year. Stock market analysts never like to get it wrong, so you can be sure that an improvement in earnings and revenue estimates for NLY stock means that this is a good investment in many investors' eyes. To top it all off, this company is known for its monster dividend yields -- currently calculated out to a 15% annualized rate based on previous payout history!The real numbers, however, can be found in emerging market investments like Latin America banks. Take Argentina stock **Banco Macro** ([BMA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BMA&selected=BMA)) ) and Colombia stock **BanColombia** ([CIB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIB&selected=CIB)) ). Both have significantly outperformed the rest of their sector and the market in general. BanColombia, for instance, is sitting on a +3% gain year-to-date even as the rest of the U.S. stock market has slipped by the same amount. That's because both stocks have consistently grown revenue and earnings in recent quarters. BMA stock has seen four consecutive quarters of earnings growth and three-straight earnings surprises -- the largest of which came last quarter with a +35% earnings beat for this Argentina stock. BanColombia has done just as well, with three consecutive quarters of earnings growth and four consecutive earnings surprises, the largest of which topped +28%. **Related Article: [Why Emerging Markets China and India are Second to BRIC Investment Brazil](http://www.investorplace.com/experts/jeff_reeves/bric-funds-brazil-investments-emerging-market-stocks.html)**You can see why I'm so bullish on these financial investments right now. If you look closely at the numbers for the rest of this list of stocks to buy, you'll see similar evidence of success. Here they are:As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios.About Portfolio Grader: Every Sunday, renowned growth stock advisor Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108). ******Related Articles:** - [5 Booming Blue Chip Stocks to Buy Now](http://www.investorplace.com/experts/louis_navellier/articles/gallery/blue-chip-stock-to-buy-abc-hsp-esrx-cl-stx.html) - [7 Low-Risk Investment Strategies for June](http://www.investorplace.com/education/gallery/top-stocks-to-buy-investment-dps-mrk-bkcc-onp-wbmd-prst-stm-part8.html) - [Hot Tech Stock Picks to Buy Now - AAPL, MSFT, BTN, MRVL, VIT, HPQ, STM](http://www.investorplace.com/experts/jeff_reeves/hot-tech-stock-picks-to-buy-apple-aapl-microsoft-msft-ballantyne-btn-marvell-mrvl-vanceinfo-vit-hpq-hewlett-packard-stm.html)
Stock Price 4 days before: 32.0008
Stock Price 2 days before: 31.9833
Stock Price 1 day before: 31.6766
Stock Price at release: 31.7691
Risk-Free Rate at release: 0.0014
| 33.0204 |
Symbol: DRQ
Security: Dril-Quip, Inc.
Related Stocks/Topics: BP|Markets|HALO|TTI|AFFY|BBH
Title: Tuesday Losers: Anadarko, Regal Cinemas and Halozyme
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-01 11:15:00
Article: Among the biggest losers in Tuesday's early trading are **Anadarko Petroleum ([APC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=APC&selected=APC)) )** , **Regal Cinemas ([RGC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RGC&selected=RGC)) )** and **Halozyme Therapeutics (Nasdaq: HALO)** . **Drillers with Highest Gulf Exposure Hit Hardest** Shares of **BP ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) )** are getting pummeled again, off another -11% on Monday as investors come to doubt that the flow of oil and gas can be stopped in the near term. The longer it proceeds, the greater the potential liability for the company. Rumors circulated that BP may become takeover bait, but it's unclear why anyone would want to step in and assume this mess. The broader sector is also getting hit, especially for those oil and gas drilling service companies with the highest amount of exposure to the Gulf. **Anadarko Petroleum ([APC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=APC&selected=APC)) )** , for example, is off nearly -15% on the session and has fallen from around $75 per share to the mid $40s in just six weeks. Back then, the stock was approaching two-year highs on the heels of very strong March quarter results: The $0.83 in per-share profits nearly doubled the analyst forecast.The question then is if all of the problems will cause profits to slump sharply in coming quarters. Oppenheimer's Fadel Gheit, a long-respected oil analyst on the street, recently lowered his expectations. He now thinks Anadarko will earn around $2.24 a share this year, down from a previous view of $2.53. The 2011 per share profit forecast was lowered about -20% to around $3. His new view is in line with the consensus forecast, though the consensus is likely to come down as well. Notably, analysts are all over the map, with some seeing more than $6 in 2011 per share profits, with others seeing profits closer to $1 a share.And that highlights the conundrum for investors. Nobody can really say how the current Gulf spill will play out. We know costs will rise as added safety measures are taken, and we may see a boost in natural gas prices and therefore revenue if planned new production is likely to be stalled. But it's foolish to bottom-fish shares until we get a little more clarity.If you want to compile a list of the hardest hit stocks, look at **Tetra Technologies ([TTI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TTI&selected=TTI)) )** , **Hercules Offshore (Nasdaq: HERO)** , and **Dril-Quip ([DRQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DRQ&selected=DRQ)) )** . All of these companies provide services and equipment to the big drillers, and all have seen their shares fall another -10% today. **Action to Take -->** These stocks will eventually look like a bargain, but we're not there yet. -------------------------------------**Volatility and M&A Don't Mix** The biotech sector has seen a slew of deal-making in recent months, thanks in large part to a positive market backdrop. But the market's choppy sledding of recent sessions appears to have put an end to the sector's M&A party for the moment. Micro-cap **CombiMatrix (Nasdaq: CBMX)** conceded as much by announcing today that its bankers are no longer looking to do deals, pushing shares down double-digits.Other biotechs that were rumored to be on the block are also getting hit: **Halozyme Therapeutics (Nasdaq: HALO)** , which is already reeling from a recent drug recall, is off another -5% today. Meanwhile, **Affymax (Nasdaq: AFFY)** , which is developing a treatment for anemia, is off nearly -8%. Buyout rumors are getting little credence in this market** Action to Take -->** Biotech stocks had posted a strong run, with the **Biotech HOLDRS ([BBH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BBH&selected=BBH)) )** exchange-traded fund ([ETF](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ETF&selected=ETF)) ) rising sharply in February and March. Performance has sharply lagged since then, as investors flee stocks with minimal near-term profit prospects. Now that the "M&A play" is not a factor, the group could fall further. Only when the market stabilizes and starts trending upward will the group see some interest. If you were looking at any biotechs, simply keep monitoring them. Be ready to pounce when the market firms.-------------------------------------**Regal Cinemas Reflects Box Office Slump** For the second straight weekend, movie attendance trailed analysts' forecasts. And that's hitting shares of **Regal Cinemas ([RGC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RGC&selected=RGC)) )** , which are off more than -4% in Monday trading. As we noted last week in our look at **Carmike Cinemas (Nasdaq: CKEC)** , ever-rising ticket prices are starting to make going to the movies a costly family outing. This summer offers plenty of family-friendly fare, but if box office results disappoint in the all-important summer season, then investors may start to focus on the balance sheets. Regal currently has about $2 billion in debt. And though Regal should see few near-term liquidity concerns, this is precisely the kind of stock that gets dumped in recessionary times. **Action to Take -->** If you believe the economy may stall in coming quarters, then you should lighten your positions in any stocks that carry lots of debt. Their debt loads may be manageable, but as we saw in 2008 and 2009, investors tend to steer clear of these names when the economy contracts. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 49.4752
Stock Price 2 days before: 48.8152
Stock Price 1 day before: 47.4587
Stock Price at release: 42.9138
Risk-Free Rate at release: 0.0014
| 42.447 |
Symbol: TTI
Security: TETRA Technologies, Inc.
Related Stocks/Topics: BP|Markets|HALO|AFFY|DRQ|BBH
Title: Tuesday Losers: Anadarko, Regal Cinemas and Halozyme
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-01 11:15:00
Article: Among the biggest losers in Tuesday's early trading are **Anadarko Petroleum ([APC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=APC&selected=APC)) )** , **Regal Cinemas ([RGC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RGC&selected=RGC)) )** and **Halozyme Therapeutics (Nasdaq: HALO)** . **Drillers with Highest Gulf Exposure Hit Hardest** Shares of **BP ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) )** are getting pummeled again, off another -11% on Monday as investors come to doubt that the flow of oil and gas can be stopped in the near term. The longer it proceeds, the greater the potential liability for the company. Rumors circulated that BP may become takeover bait, but it's unclear why anyone would want to step in and assume this mess. The broader sector is also getting hit, especially for those oil and gas drilling service companies with the highest amount of exposure to the Gulf. **Anadarko Petroleum ([APC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=APC&selected=APC)) )** , for example, is off nearly -15% on the session and has fallen from around $75 per share to the mid $40s in just six weeks. Back then, the stock was approaching two-year highs on the heels of very strong March quarter results: The $0.83 in per-share profits nearly doubled the analyst forecast.The question then is if all of the problems will cause profits to slump sharply in coming quarters. Oppenheimer's Fadel Gheit, a long-respected oil analyst on the street, recently lowered his expectations. He now thinks Anadarko will earn around $2.24 a share this year, down from a previous view of $2.53. The 2011 per share profit forecast was lowered about -20% to around $3. His new view is in line with the consensus forecast, though the consensus is likely to come down as well. Notably, analysts are all over the map, with some seeing more than $6 in 2011 per share profits, with others seeing profits closer to $1 a share.And that highlights the conundrum for investors. Nobody can really say how the current Gulf spill will play out. We know costs will rise as added safety measures are taken, and we may see a boost in natural gas prices and therefore revenue if planned new production is likely to be stalled. But it's foolish to bottom-fish shares until we get a little more clarity.If you want to compile a list of the hardest hit stocks, look at **Tetra Technologies ([TTI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TTI&selected=TTI)) )** , **Hercules Offshore (Nasdaq: HERO)** , and **Dril-Quip ([DRQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DRQ&selected=DRQ)) )** . All of these companies provide services and equipment to the big drillers, and all have seen their shares fall another -10% today. **Action to Take -->** These stocks will eventually look like a bargain, but we're not there yet. -------------------------------------**Volatility and M&A Don't Mix** The biotech sector has seen a slew of deal-making in recent months, thanks in large part to a positive market backdrop. But the market's choppy sledding of recent sessions appears to have put an end to the sector's M&A party for the moment. Micro-cap **CombiMatrix (Nasdaq: CBMX)** conceded as much by announcing today that its bankers are no longer looking to do deals, pushing shares down double-digits.Other biotechs that were rumored to be on the block are also getting hit: **Halozyme Therapeutics (Nasdaq: HALO)** , which is already reeling from a recent drug recall, is off another -5% today. Meanwhile, **Affymax (Nasdaq: AFFY)** , which is developing a treatment for anemia, is off nearly -8%. Buyout rumors are getting little credence in this market** Action to Take -->** Biotech stocks had posted a strong run, with the **Biotech HOLDRS ([BBH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BBH&selected=BBH)) )** exchange-traded fund ([ETF](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ETF&selected=ETF)) ) rising sharply in February and March. Performance has sharply lagged since then, as investors flee stocks with minimal near-term profit prospects. Now that the "M&A play" is not a factor, the group could fall further. Only when the market stabilizes and starts trending upward will the group see some interest. If you were looking at any biotechs, simply keep monitoring them. Be ready to pounce when the market firms.-------------------------------------**Regal Cinemas Reflects Box Office Slump** For the second straight weekend, movie attendance trailed analysts' forecasts. And that's hitting shares of **Regal Cinemas ([RGC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RGC&selected=RGC)) )** , which are off more than -4% in Monday trading. As we noted last week in our look at **Carmike Cinemas (Nasdaq: CKEC)** , ever-rising ticket prices are starting to make going to the movies a costly family outing. This summer offers plenty of family-friendly fare, but if box office results disappoint in the all-important summer season, then investors may start to focus on the balance sheets. Regal currently has about $2 billion in debt. And though Regal should see few near-term liquidity concerns, this is precisely the kind of stock that gets dumped in recessionary times. **Action to Take -->** If you believe the economy may stall in coming quarters, then you should lighten your positions in any stocks that carry lots of debt. Their debt loads may be manageable, but as we saw in 2008 and 2009, investors tend to steer clear of these names when the economy contracts. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 10.5
Stock Price 2 days before: 10.0573
Stock Price 1 day before: 9.94959
Stock Price at release: 8.82448
Risk-Free Rate at release: 0.0014
| 8.64115 |
Symbol: JBLU
Security: JetBlue Airways Corporation
Related Stocks/Topics: RYAAY|Markets|IEP|LUV|PBR
Title: Tuesday Winners: Icahn Enterprises, Ryanair and PetroBras
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-01 12:18:00
Article: Among the biggest winners in Monday's early trading are **Icahn Enterprises ([IEP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IEP&selected=IEP)) )** , **PetroBras ([PBR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PBR&selected=PBR)) )** and **Ryanair (Nasdaq: RYAAY)** . **Barron's Boosts Icahn** Shares of **Icahn Enterprises ([IEP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IEP&selected=IEP)) )** , the publicly-traded investment arm of uber-investor Carl Icahn, are up more than +12% today after a flattering profile in Barron's during the weekend. Even after this morning's spike, shares still trade at a nearly -15% discount to the underlying $44 per share net asset value ([NAV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NAV&selected=NAV)) ) of its holdings. Investors have had a hard time making heads or tails of this investment vehicle. Icahn offers little insight as to the health of his holdings, offering terse quarterly earnings releases and scant commentary. And that helps explain why analysts don't bother to follow the company or publish estimates. Only recently, the Icahn portfolio generated a quarterly loss -- for the third straight quarter. So it's unclear if the current $44 NAV will be sustained if losses continue. The lack of clarity helps explain why shares fell from $50 to $30 in recent months before a recent rebound. **Action to Take -->** Even with the lack of clarity and recent losses, it's hard to argue with the notion that shares trade at such a discount to NAV , and it's also foolish to underestimate this legendary investor. If you are comfortable with the lack of solid information emanating from management, and can handle a high degree of volatility, this does look like a solid long-term play at a reasonable price.-------------------------------------**RyanAir Defies Skeptics** Contending with both a local economic plunge and a business-disrupting volcano, you would have thought that Ireland-based **Ryanair (Nasdaq: RYAAY)** , a low-fare airline, would have posted a dismal first quarter. Indeed analysts expected the air carrier, which is akin to the **JetBlue (Nasdaq: JBLU)** of Europe, to lose $0.30 a share. Well, a surprise profit, an unexpected large one-time dividend, and a reasonably bullish outlook have a way of converting skeptics into the bull camp. Shares are up more than +7% today.Part of the strength is attributable to an improved pricing scheme for air carriers in both the United States and Europe. Anyone who traveled by air this past holiday weekend can tell you that airfares are no longer the bargain they once were.Ryanair mainly focuses on European travelers, but it is increasingly partnering with U.S. carriers to handle intra-Continent routes. To the extent that the cheaper euro spurs more Americans to fly around Europe, Ryanair could be a clear beneficiary. The carrier may also benefit from the financial distress seen by rival Aer Lingus. Ryanair is sitting on roughly $3 billion in net cash, which could be used for investments that could steal more market share from beleaguered rivals. **Action to Take -->** Ryanair is experiencing the kind of growth seen by **Southwest Airlines ([LUV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LUV&selected=LUV)) )** in the 1990s. And that carrier turned out to be a great long-term investment. Despite today's pop, this stock looks like a solid play in the fragmented European airline market.-------------------------------------**PetroBras: the Safer Energy Play** While shares of domestic energy drillers come under pressure, **PetroBras ([PBR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PBR&selected=PBR)) )** is bucking the trend today, rising roughly +3.5%. Brazil's national oil company had fallen in sympathy with the group, but would clearly be immune from any increased industry scrutiny and regulation in the United States. PetroBras is in the early stages of tapping into a massive offshore energy field, which should yield sharply rising sales and profits in the years to come. **Action to Take -->** Pegging precise profit estimates for this oil giant is difficult, as most of the analysts that follow it write in Portuguese. But this has always been considered a great proxy play for either Brazil or for the energy sector. And with shares down from the low $50s in December 2009 to a recent $37, investors can buy in while shares are on sale.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 6.22313
Stock Price 2 days before: 6.19632
Stock Price 1 day before: 6.13815
Stock Price at release: 6.27001
Risk-Free Rate at release: 0.0014
| 5.37368 |
Symbol: DO
Security: Diamond Offshore Drilling, Inc.
Related Stocks/Topics: Markets|BP|SWN|SLB|PTEN|NE|NBR|HP|RIG|HAL|DVN
Title: Oil and Gas Sell-off Creates a Great Entry -- For the Right Companies
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-02 04:57:00
Article: After plunging steadily in recent weeks, share prices in the oil and gas exploration appear to have finally found a floor. Some stocks such as **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** and **Schlumberger ([SLB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SLB&selected=SLB)) )** sharply rose on Wednesday after falling close to their 52-week lows, while other stocks such as **Diamond Offshore ([DO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DO&selected=DO)) )** and **Pride International ([PDE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PDE&selected=PDE)) )** are still in the doldrums. Their relative levels of exposure to the Gulf Coast explains why the stock charts are diverging. **A Quick Primer** To get a sense of the future direction of these stocks, you need to step back and assess both geographic and technical considerations. To be sure, the massive sell-off, which has eroded -30% to -40% of the value of some of these companies, is far out of proportion to their exposure to the Gulf Coast. Companies that provide equipment and services for oil and gas drillers in the Gulf include Diamond Offshore, **ENSCO International ([ESV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ESV&selected=ESV)) )** , **Noble Corporation ([NE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NE&selected=NE)) )** , Pride International, **Rowan Companies ([RDC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RDC&selected=RDC)) )** , **Seahawk Drilling (Nasdaq: HAWK)** and **Transocean ([RIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RIG&selected=RIG)) )** . Most of these firms derive the majority of sales through the lease of drilling rigs. Some have greater exposure to shallow water rigs (which are likely to be less impacted by further government action) while others have greater exposure to deep-water rigs. This is the area receiving a great deal of scrutiny, as deep-water drilling takes place under extremely high pressures (which can reach 30,000 pounds per square inch).Even though Transocean is closely associated with the current massive oil and gas leak, it actually derives only a small portion of revenue in the Gulf Coast. Most of its equipment and services are used in other international markets. That's also the case with Pride International. In contrast, firms such as Noble and Diamond Offshore have a much higher degree of exposure to Gulf Coast drilling. That helps explain why shares of Pride International are off -20% during the past three months while Diamond and Noble are off closer to -35% or -40%. **Action to Take -->** It might be tempting to buy up shares of Diamond and Noble, as they are undeniably cheap based on historical cash flow rates, but we simply don't know how any regulatory changes regarding drilling will play out. A moratorium on new drilling activity in the Gulf could last as little as three months or as long as two years. The longer the spill continues, the longer the moratorium will likely last.Instead, investors should look at shares of Pride International, which are back down at 52-week lows and trade at half the price they fetched in 2008, when the industry was in a growth phase. Analysts expect Pride to sharply boost per-share profits above the $3 mark next year, as expiring contracts are renewed on better terms. Shares trade for around eight times projected 2011 profits and six times projected 2011 earnings before interest, tax, depreciation and amortization (EBITDA). As investors come to see that Pride has much greater exposure to drilling markets such as Latin America, Africa and the North Sea, those multiples should rebound, and shares have some +50% upside back to their 52-week high. **Staying on Dry Land** Companies that offer drilling equipment and services to land-based energy exploration firms have also been hit recently -- though to a more moderate extent. Shares of **Helmerich & Payne ([HP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HP&selected=HP)) )** , **Nabors Industries ([NBR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NBR&selected=NBR)) )** and **Patterson-UTI Energy (Nasdaq: PTEN)** have shed roughly -10% to -15% of their value during the past month, though they will not be affected by any industry regulatory changes. Analysts have been lukewarm to this group, largely because low natural gas prices have crimped drilling activity. But if the output from the Gulf drops in coming quarters, supply will shrink and gas prices will rise, which should spur an increase in land-based drilling. As drilling activity increases, these firms can charge more for their equipment, known in the industry as "day-rates."**Action to Take -->** Nabors, the industry's largest player, looks particularly appealing, trading just above book value of $18 a share, and less than four times EBITDA , on an enterprise value basis.Year-over-year revenue comparisons have been negative for a number of quarters as the number of land-based rigs in action steadily declined over the last few years. But the number of rigs in service has begun climbing again, according to **Baker Hughes ([BHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BHI&selected=BHI)) )** , and analysts expect Nabors Industries to start posting positive revenue comparisons beginning in the current quarter. Per-share profits should bottom out at around $1 this year, and thanks to the high degree of leverage in this earnings model, profits could rise more than +50% next year on a +15% jump in revenue. Cash flow per share could approach $4 next year. **The International Giants** Shares of the largest international oil services companies have also been hit hard in recent weeks, though as noted earlier, showed big gains on Wednesday. The sell-off seemed unwarranted. These firms derive most of their revenue in other regions of the world, and should see minimal impact from any slowdown in the Gulf coast. Governments in Latin America, Asia and the Middle East will want to know what caused **BP's ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) )** equipment to fail, but they are unlikely to slow the pace of drilling activity. In fact, with their deep technical expertise, these firms may actually benefit from an increased demand for engineering services and safety equipment.Schlumberger is the industry's largest player, offering a wide array of services and equipment, and with shares not far from the 52-week low, they represent real value. Halliburton, the industry's second leading player, also represents a solid play on the rapid engineering advances taking place in energy exploration. But investors may want to focus on **Weatherford International ([WFT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WFT&selected=WFT)) )** , which is arguably the least-understood and most compellingly valued name in the group. Shares hit a 52-week low before rebounding on Wednesday. Earlier in the decade, Weatherford wouldn't have been mentioned in the same breath as the biggest industry players, as it had a limited set of products and services to offer customers. But a 2005 acquisition of Precision Drilling and a 2009 purchase of BP's TNK division has turned Weatherford into a full-service shop. And that has fueled an impressive string of new contract signings.Trouble is, those new deals are still in various stages of development, so the company's recent earnings reports have been a grab bag of slipped deadlines. The company has sought to clear the decks by taking a series of one-time charges that led Weatherford to miss estimates in each of the last two quarters.As this year progresses, Weatherford expects to report cleaner results and post rising revenue and profits. Why the brightening outlook? As noted earlier, Weatherford acquired BP's stake in TNK to gain greater access to the Russian energy market. Management concedes that it has been a challenge to integrate TNK into its operations, but expects to post strong results from that unit in 2011. In addition, the company is ramping up in Iraq, and has already secured more than $400 million in contracts to help that country rebuild its energy infrastructure. Lastly, energy exploration efforts in a range of other countries are expected to rebound in coming quarters, unless we see another precipitous plunge in global energy prices. **Action to Take -->** Most investors are squarely focused on the present, so Weatherford's stock price remains stuck in the mid-teens. As investors start to look beyond the near-term noise, shares should again start to merit a price-to-earnings ratio (P/E) closer to 20, which is a typical P/E ratio in the early stage of the cycle for these companies. Weatherford looks set to earn more than $1 a share in 2011, and closer to $1.50 in 2012, which means shares could hit $25 to $30 as the industry truly enters an upturn. **Exploration & Production Stocks Dragged Down by BP** The exploration & production (E&P) stocks have been particularly hard hit as of late, especially those with a high degree of exposure to Gulf Coast drilling. **Anadarko Petroleum ([APC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=APC&selected=APC)) )** for example, has fallen from $75 to $44 in just five weeks. More than $10 billion has been erased from its market value . Anadarko was involved in the current damaged well, and could be on the hook for big lawsuits, but they are unlikely to reach even half the amount of that lost market value. That makes the stock a real value to those willing to shoulder the risk that lawsuits could weigh on the stock for some time to come. Analysts believe the value, of Anadarko's remaining oil fields, is worth around $68 a share, roughly +50% above the current share price.Small-cap driller **McMoran Exploration ([MMR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MMR&selected=MMR)) )** has seen its shares fall more than -40% in the last three months. McMoran is focused exclusively on the Gulf, and will surely see a hit to sales and profits from the drilling moratorium. But once the moratorium is lifted, shares, which saw a solid pop on Wednesday, could rise another +50% or more, back to their 52-week high. Value investors will want to get in on this name before the moratorium is lifted.Other E&P firms have been hit to a smaller degree, as they don't have the same liability but will be similarly impacted by the current drilling moratorium. **Devon Energy ([DVN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DVN&selected=DVN)) )** , for example, is off its highs set in January, but is always a favorite of institutional investors thanks to the high quality of its various oil and gas fields (almost all of which are land-based) and management's very strong track record.But value investors should take a closer look at **Southwest Energy ([SWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SWN&selected=SWN)) )** , which has fallen nearly -15% in the past three months even though it has no exposure to Gulf-based drilling.Shares have been trading poorly due to weak natural gas prices. If and when gas prices finally firm up, Southwestern Energy looks set to generate considerable cash flow in 2011 and 2012. The company has been digging hundreds of new wells in the Fayetteville, Ark., region, known as the Fayetteville Shale. That should lead to a +30% jump in production this year, and another +30% spike in output next year. **Action to Take -->** Analysts tend to multiply projected gas prices by projected output, and then subtract projected expenses to arrive at a forecast for cash flow. Based on the current price curve and Southwestern's stated output plans, the company is expected to generate around $1.5 billion in cash flow this year, $2.2 billion in 2011 and $2.8 billion in 2012. Against that backdrop, shares trade at a sharp discount to their historical average. During the past ten years, which have seen all phases of the boom and bust cycle, shares have typically traded for 8.6 times next year's cash flow. Now, they trade for just five times projected 2011 cash flow. If shares can climb back to that average multiple, then they possess more than +50% upside from current levels.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 64.134
Stock Price 2 days before: 60.5518
Stock Price 1 day before: 60.3978
Stock Price at release: 59.4424
Risk-Free Rate at release: 0.0013
| 63.8613 |
Symbol: NBR
Security: Nabors Industries Ltd.
Related Stocks/Topics: Markets|BP|SWN|SLB|PTEN|NE|HP|RIG|HAL|DVN|DO
Title: Oil and Gas Sell-off Creates a Great Entry -- For the Right Companies
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-02 04:57:00
Article: After plunging steadily in recent weeks, share prices in the oil and gas exploration appear to have finally found a floor. Some stocks such as **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** and **Schlumberger ([SLB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SLB&selected=SLB)) )** sharply rose on Wednesday after falling close to their 52-week lows, while other stocks such as **Diamond Offshore ([DO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DO&selected=DO)) )** and **Pride International ([PDE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PDE&selected=PDE)) )** are still in the doldrums. Their relative levels of exposure to the Gulf Coast explains why the stock charts are diverging. **A Quick Primer** To get a sense of the future direction of these stocks, you need to step back and assess both geographic and technical considerations. To be sure, the massive sell-off, which has eroded -30% to -40% of the value of some of these companies, is far out of proportion to their exposure to the Gulf Coast. Companies that provide equipment and services for oil and gas drillers in the Gulf include Diamond Offshore, **ENSCO International ([ESV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ESV&selected=ESV)) )** , **Noble Corporation ([NE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NE&selected=NE)) )** , Pride International, **Rowan Companies ([RDC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RDC&selected=RDC)) )** , **Seahawk Drilling (Nasdaq: HAWK)** and **Transocean ([RIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RIG&selected=RIG)) )** . Most of these firms derive the majority of sales through the lease of drilling rigs. Some have greater exposure to shallow water rigs (which are likely to be less impacted by further government action) while others have greater exposure to deep-water rigs. This is the area receiving a great deal of scrutiny, as deep-water drilling takes place under extremely high pressures (which can reach 30,000 pounds per square inch).Even though Transocean is closely associated with the current massive oil and gas leak, it actually derives only a small portion of revenue in the Gulf Coast. Most of its equipment and services are used in other international markets. That's also the case with Pride International. In contrast, firms such as Noble and Diamond Offshore have a much higher degree of exposure to Gulf Coast drilling. That helps explain why shares of Pride International are off -20% during the past three months while Diamond and Noble are off closer to -35% or -40%. **Action to Take -->** It might be tempting to buy up shares of Diamond and Noble, as they are undeniably cheap based on historical cash flow rates, but we simply don't know how any regulatory changes regarding drilling will play out. A moratorium on new drilling activity in the Gulf could last as little as three months or as long as two years. The longer the spill continues, the longer the moratorium will likely last.Instead, investors should look at shares of Pride International, which are back down at 52-week lows and trade at half the price they fetched in 2008, when the industry was in a growth phase. Analysts expect Pride to sharply boost per-share profits above the $3 mark next year, as expiring contracts are renewed on better terms. Shares trade for around eight times projected 2011 profits and six times projected 2011 earnings before interest, tax, depreciation and amortization (EBITDA). As investors come to see that Pride has much greater exposure to drilling markets such as Latin America, Africa and the North Sea, those multiples should rebound, and shares have some +50% upside back to their 52-week high. **Staying on Dry Land** Companies that offer drilling equipment and services to land-based energy exploration firms have also been hit recently -- though to a more moderate extent. Shares of **Helmerich & Payne ([HP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HP&selected=HP)) )** , **Nabors Industries ([NBR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NBR&selected=NBR)) )** and **Patterson-UTI Energy (Nasdaq: PTEN)** have shed roughly -10% to -15% of their value during the past month, though they will not be affected by any industry regulatory changes. Analysts have been lukewarm to this group, largely because low natural gas prices have crimped drilling activity. But if the output from the Gulf drops in coming quarters, supply will shrink and gas prices will rise, which should spur an increase in land-based drilling. As drilling activity increases, these firms can charge more for their equipment, known in the industry as "day-rates."**Action to Take -->** Nabors, the industry's largest player, looks particularly appealing, trading just above book value of $18 a share, and less than four times EBITDA , on an enterprise value basis.Year-over-year revenue comparisons have been negative for a number of quarters as the number of land-based rigs in action steadily declined over the last few years. But the number of rigs in service has begun climbing again, according to **Baker Hughes ([BHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BHI&selected=BHI)) )** , and analysts expect Nabors Industries to start posting positive revenue comparisons beginning in the current quarter. Per-share profits should bottom out at around $1 this year, and thanks to the high degree of leverage in this earnings model, profits could rise more than +50% next year on a +15% jump in revenue. Cash flow per share could approach $4 next year. **The International Giants** Shares of the largest international oil services companies have also been hit hard in recent weeks, though as noted earlier, showed big gains on Wednesday. The sell-off seemed unwarranted. These firms derive most of their revenue in other regions of the world, and should see minimal impact from any slowdown in the Gulf coast. Governments in Latin America, Asia and the Middle East will want to know what caused **BP's ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) )** equipment to fail, but they are unlikely to slow the pace of drilling activity. In fact, with their deep technical expertise, these firms may actually benefit from an increased demand for engineering services and safety equipment.Schlumberger is the industry's largest player, offering a wide array of services and equipment, and with shares not far from the 52-week low, they represent real value. Halliburton, the industry's second leading player, also represents a solid play on the rapid engineering advances taking place in energy exploration. But investors may want to focus on **Weatherford International ([WFT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WFT&selected=WFT)) )** , which is arguably the least-understood and most compellingly valued name in the group. Shares hit a 52-week low before rebounding on Wednesday. Earlier in the decade, Weatherford wouldn't have been mentioned in the same breath as the biggest industry players, as it had a limited set of products and services to offer customers. But a 2005 acquisition of Precision Drilling and a 2009 purchase of BP's TNK division has turned Weatherford into a full-service shop. And that has fueled an impressive string of new contract signings.Trouble is, those new deals are still in various stages of development, so the company's recent earnings reports have been a grab bag of slipped deadlines. The company has sought to clear the decks by taking a series of one-time charges that led Weatherford to miss estimates in each of the last two quarters.As this year progresses, Weatherford expects to report cleaner results and post rising revenue and profits. Why the brightening outlook? As noted earlier, Weatherford acquired BP's stake in TNK to gain greater access to the Russian energy market. Management concedes that it has been a challenge to integrate TNK into its operations, but expects to post strong results from that unit in 2011. In addition, the company is ramping up in Iraq, and has already secured more than $400 million in contracts to help that country rebuild its energy infrastructure. Lastly, energy exploration efforts in a range of other countries are expected to rebound in coming quarters, unless we see another precipitous plunge in global energy prices. **Action to Take -->** Most investors are squarely focused on the present, so Weatherford's stock price remains stuck in the mid-teens. As investors start to look beyond the near-term noise, shares should again start to merit a price-to-earnings ratio (P/E) closer to 20, which is a typical P/E ratio in the early stage of the cycle for these companies. Weatherford looks set to earn more than $1 a share in 2011, and closer to $1.50 in 2012, which means shares could hit $25 to $30 as the industry truly enters an upturn. **Exploration & Production Stocks Dragged Down by BP** The exploration & production (E&P) stocks have been particularly hard hit as of late, especially those with a high degree of exposure to Gulf Coast drilling. **Anadarko Petroleum ([APC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=APC&selected=APC)) )** for example, has fallen from $75 to $44 in just five weeks. More than $10 billion has been erased from its market value . Anadarko was involved in the current damaged well, and could be on the hook for big lawsuits, but they are unlikely to reach even half the amount of that lost market value. That makes the stock a real value to those willing to shoulder the risk that lawsuits could weigh on the stock for some time to come. Analysts believe the value, of Anadarko's remaining oil fields, is worth around $68 a share, roughly +50% above the current share price.Small-cap driller **McMoran Exploration ([MMR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MMR&selected=MMR)) )** has seen its shares fall more than -40% in the last three months. McMoran is focused exclusively on the Gulf, and will surely see a hit to sales and profits from the drilling moratorium. But once the moratorium is lifted, shares, which saw a solid pop on Wednesday, could rise another +50% or more, back to their 52-week high. Value investors will want to get in on this name before the moratorium is lifted.Other E&P firms have been hit to a smaller degree, as they don't have the same liability but will be similarly impacted by the current drilling moratorium. **Devon Energy ([DVN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DVN&selected=DVN)) )** , for example, is off its highs set in January, but is always a favorite of institutional investors thanks to the high quality of its various oil and gas fields (almost all of which are land-based) and management's very strong track record.But value investors should take a closer look at **Southwest Energy ([SWN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SWN&selected=SWN)) )** , which has fallen nearly -15% in the past three months even though it has no exposure to Gulf-based drilling.Shares have been trading poorly due to weak natural gas prices. If and when gas prices finally firm up, Southwestern Energy looks set to generate considerable cash flow in 2011 and 2012. The company has been digging hundreds of new wells in the Fayetteville, Ark., region, known as the Fayetteville Shale. That should lead to a +30% jump in production this year, and another +30% spike in output next year. **Action to Take -->** Analysts tend to multiply projected gas prices by projected output, and then subtract projected expenses to arrive at a forecast for cash flow. Based on the current price curve and Southwestern's stated output plans, the company is expected to generate around $1.5 billion in cash flow this year, $2.2 billion in 2011 and $2.8 billion in 2012. Against that backdrop, shares trade at a sharp discount to their historical average. During the past ten years, which have seen all phases of the boom and bust cycle, shares have typically traded for 8.6 times next year's cash flow. Now, they trade for just five times projected 2011 cash flow. If shares can climb back to that average multiple, then they possess more than +50% upside from current levels.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 19.5182
Stock Price 2 days before: 18.917
Stock Price 1 day before: 18.8654
Stock Price at release: 18.8091
Risk-Free Rate at release: 0.0013
| 17.7114 |
Symbol: SCVL
Security: Shoe Carnival, Inc.
Related Stocks/Topics: CBOE|Markets|HOV|DAKT|SPX|CSIQ
Title: Opening View: DJIA Due For Bounce; Jobs Data Coming on Thursday and Friday
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-02 07:51:00
Article: The Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) continued to battle overhead resistance at its declining 10-day moving average on Tuesday, but the blue-chip barometer lost another round, plunging some 113 points on the day. However, the pullback has placed the Dow within spitting distance of support near 10,000 once again, meaning we could see the DJIA bounce in today's trading. Furthermore, the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) comes into this morning perched above support in the 1,060 area. Resistance for the SPX could materialize in the 1,090 area today, which is home to the index's declining 10-day trendline. Heading into the open, futures on the DJIA and the SPX are trading roughly 49 points and 4 points above fair value, respectively. Even with the indications for a positive open, I would expect any rally to be muted ahead of Friday's May jobs data. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) rebounded from support at its 20-day moving average on Monday, reclaiming the 35 level in the process. However, given the early positive bias in stock futures, we could see the VIX pull back to around the 30 level by the close.In earnings news, Jos. A. Bank Clothiers Inc. ([JOSB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOSB&selected=JOSB)) ) reported a first-quarter net profit of $15.8 million, or 85 cents per share, as sales rose 10% to $178.1 million. Analysts were expecting earnings of 72 cents per share. "With this quarter's results, we have achieved earnings growth in 34 of the past 35 quarters when compared to the respective prior year periods, including 16 quarters in a row," said CEO R. Neal Black. Finally, in merger and acquisition news, Sonic Solutions ([SNIC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SNIC&selected=SNIC)) ) announced that it is buying DivX Inc. ([DIVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DIVX&selected=DIVX)) ) in a cash and stock deal. Sonic said it will pay $3.75 in cash and 0.514 of its own shares for every DivX share, or approximately $9.83 per share at SNIC's closing price on Tuesday. Sonic said the deal is expected to close in September and could potentially double its adjusted earnings per share in fiscal 2012. **Earnings Preview** On the earnings front, Canadian Solar Inc. ([CSIQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CSIQ&selected=CSIQ)) ), Daktronics Inc. ([DAKT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DAKT&selected=DAKT)) ), Shoe Carnival Inc. ([SCVL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCVL&selected=SCVL)) ), Coldwater Creek Inc. ([CWTR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CWTR&selected=CWTR)) ), and Hovnanian Enterprises Inc. ([HOV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HOV&selected=HOV)) ) are scheduled to release their quarterly reports today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar****Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 893,256 call contracts traded on Tuesday, compared to 522,284 put contracts. The resultant single-session put/call ratio arrived at 0.58, while the 21-day moving average held at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100602ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100602ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100602ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading remains in the dumps this morning, as only two of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a loss of 0.59%. In Asia, stocks retreated in a volatile trading session, as signs of a slowdown in manufacturing growth kept investors cautious. China's factories scaled back production last month and slowed the pace of hiring, the purchasing managers' index ([PMI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PMI&selected=PMI)) ) showed. Meanwhile, European shares fell, with BP plc down after the U.S. launched a criminal probe into the Gulf of Mexico disaster and banks slipping on worries over the recovery from the euro zone crisis Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100602ov4.gif)**Currencies and Commodities** The U.S. dollar continues to benefit from a weak euro, but news that the Japanese prime minister will step down has bolstered the greenback versus the yen as well. So far this morning, the U.S. Dollar Index is up 0.24% at 86.86. Crude futures are lagging again, as traders look forward to today's report on U.S. petroleum stockpiles. In electronic trading, the most active contract was down 44 cents at $72.14 per barrel. Finally, gold is pulling back from yesterday's peak above $1,230 an ounce. In London, gold futures are down $3.20 at $1,223.70 an ounce. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100602ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100602ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100602ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 25.0655
Stock Price 2 days before: 24.8981
Stock Price 1 day before: 24.887
Stock Price at release: 25.1
Risk-Free Rate at release: 0.0013
| 19.4973 |
Symbol: DAKT
Security: Daktronics, Inc.
Related Stocks/Topics: CBOE|Markets|SCVL|HOV|SPX|CSIQ
Title: Opening View: DJIA Due For Bounce; Jobs Data Coming on Thursday and Friday
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-02 07:51:00
Article: The Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) continued to battle overhead resistance at its declining 10-day moving average on Tuesday, but the blue-chip barometer lost another round, plunging some 113 points on the day. However, the pullback has placed the Dow within spitting distance of support near 10,000 once again, meaning we could see the DJIA bounce in today's trading. Furthermore, the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) comes into this morning perched above support in the 1,060 area. Resistance for the SPX could materialize in the 1,090 area today, which is home to the index's declining 10-day trendline. Heading into the open, futures on the DJIA and the SPX are trading roughly 49 points and 4 points above fair value, respectively. Even with the indications for a positive open, I would expect any rally to be muted ahead of Friday's May jobs data. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) rebounded from support at its 20-day moving average on Monday, reclaiming the 35 level in the process. However, given the early positive bias in stock futures, we could see the VIX pull back to around the 30 level by the close.In earnings news, Jos. A. Bank Clothiers Inc. ([JOSB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOSB&selected=JOSB)) ) reported a first-quarter net profit of $15.8 million, or 85 cents per share, as sales rose 10% to $178.1 million. Analysts were expecting earnings of 72 cents per share. "With this quarter's results, we have achieved earnings growth in 34 of the past 35 quarters when compared to the respective prior year periods, including 16 quarters in a row," said CEO R. Neal Black. Finally, in merger and acquisition news, Sonic Solutions ([SNIC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SNIC&selected=SNIC)) ) announced that it is buying DivX Inc. ([DIVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DIVX&selected=DIVX)) ) in a cash and stock deal. Sonic said it will pay $3.75 in cash and 0.514 of its own shares for every DivX share, or approximately $9.83 per share at SNIC's closing price on Tuesday. Sonic said the deal is expected to close in September and could potentially double its adjusted earnings per share in fiscal 2012. **Earnings Preview** On the earnings front, Canadian Solar Inc. ([CSIQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CSIQ&selected=CSIQ)) ), Daktronics Inc. ([DAKT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DAKT&selected=DAKT)) ), Shoe Carnival Inc. ([SCVL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCVL&selected=SCVL)) ), Coldwater Creek Inc. ([CWTR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CWTR&selected=CWTR)) ), and Hovnanian Enterprises Inc. ([HOV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HOV&selected=HOV)) ) are scheduled to release their quarterly reports today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar****Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 893,256 call contracts traded on Tuesday, compared to 522,284 put contracts. The resultant single-session put/call ratio arrived at 0.58, while the 21-day moving average held at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100602ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100602ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100602ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading remains in the dumps this morning, as only two of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a loss of 0.59%. In Asia, stocks retreated in a volatile trading session, as signs of a slowdown in manufacturing growth kept investors cautious. China's factories scaled back production last month and slowed the pace of hiring, the purchasing managers' index ([PMI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PMI&selected=PMI)) ) showed. Meanwhile, European shares fell, with BP plc down after the U.S. launched a criminal probe into the Gulf of Mexico disaster and banks slipping on worries over the recovery from the euro zone crisis Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100602ov4.gif)**Currencies and Commodities** The U.S. dollar continues to benefit from a weak euro, but news that the Japanese prime minister will step down has bolstered the greenback versus the yen as well. So far this morning, the U.S. Dollar Index is up 0.24% at 86.86. Crude futures are lagging again, as traders look forward to today's report on U.S. petroleum stockpiles. In electronic trading, the most active contract was down 44 cents at $72.14 per barrel. Finally, gold is pulling back from yesterday's peak above $1,230 an ounce. In London, gold futures are down $3.20 at $1,223.70 an ounce. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100602ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100602ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100602ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 8.42804
Stock Price 2 days before: 8.40829
Stock Price 1 day before: 8.40724
Stock Price at release: 7.99277
Risk-Free Rate at release: 0.0013
| 7.63555 |
Symbol: HOV
Security: Hovnanian Enterprises, Inc.
Related Stocks/Topics: CBOE|Markets|SCVL|DAKT|SPX|CSIQ
Title: Opening View: DJIA Due For Bounce; Jobs Data Coming on Thursday and Friday
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-02 07:51:00
Article: The Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) continued to battle overhead resistance at its declining 10-day moving average on Tuesday, but the blue-chip barometer lost another round, plunging some 113 points on the day. However, the pullback has placed the Dow within spitting distance of support near 10,000 once again, meaning we could see the DJIA bounce in today's trading. Furthermore, the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) comes into this morning perched above support in the 1,060 area. Resistance for the SPX could materialize in the 1,090 area today, which is home to the index's declining 10-day trendline. Heading into the open, futures on the DJIA and the SPX are trading roughly 49 points and 4 points above fair value, respectively. Even with the indications for a positive open, I would expect any rally to be muted ahead of Friday's May jobs data. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) rebounded from support at its 20-day moving average on Monday, reclaiming the 35 level in the process. However, given the early positive bias in stock futures, we could see the VIX pull back to around the 30 level by the close.In earnings news, Jos. A. Bank Clothiers Inc. ([JOSB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOSB&selected=JOSB)) ) reported a first-quarter net profit of $15.8 million, or 85 cents per share, as sales rose 10% to $178.1 million. Analysts were expecting earnings of 72 cents per share. "With this quarter's results, we have achieved earnings growth in 34 of the past 35 quarters when compared to the respective prior year periods, including 16 quarters in a row," said CEO R. Neal Black. Finally, in merger and acquisition news, Sonic Solutions ([SNIC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SNIC&selected=SNIC)) ) announced that it is buying DivX Inc. ([DIVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DIVX&selected=DIVX)) ) in a cash and stock deal. Sonic said it will pay $3.75 in cash and 0.514 of its own shares for every DivX share, or approximately $9.83 per share at SNIC's closing price on Tuesday. Sonic said the deal is expected to close in September and could potentially double its adjusted earnings per share in fiscal 2012. **Earnings Preview** On the earnings front, Canadian Solar Inc. ([CSIQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CSIQ&selected=CSIQ)) ), Daktronics Inc. ([DAKT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DAKT&selected=DAKT)) ), Shoe Carnival Inc. ([SCVL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCVL&selected=SCVL)) ), Coldwater Creek Inc. ([CWTR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CWTR&selected=CWTR)) ), and Hovnanian Enterprises Inc. ([HOV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HOV&selected=HOV)) ) are scheduled to release their quarterly reports today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar****Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 893,256 call contracts traded on Tuesday, compared to 522,284 put contracts. The resultant single-session put/call ratio arrived at 0.58, while the 21-day moving average held at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100602ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100602ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100602ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading remains in the dumps this morning, as only two of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a loss of 0.59%. In Asia, stocks retreated in a volatile trading session, as signs of a slowdown in manufacturing growth kept investors cautious. China's factories scaled back production last month and slowed the pace of hiring, the purchasing managers' index ([PMI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PMI&selected=PMI)) ) showed. Meanwhile, European shares fell, with BP plc down after the U.S. launched a criminal probe into the Gulf of Mexico disaster and banks slipping on worries over the recovery from the euro zone crisis Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100602ov4.gif)**Currencies and Commodities** The U.S. dollar continues to benefit from a weak euro, but news that the Japanese prime minister will step down has bolstered the greenback versus the yen as well. So far this morning, the U.S. Dollar Index is up 0.24% at 86.86. Crude futures are lagging again, as traders look forward to today's report on U.S. petroleum stockpiles. In electronic trading, the most active contract was down 44 cents at $72.14 per barrel. Finally, gold is pulling back from yesterday's peak above $1,230 an ounce. In London, gold futures are down $3.20 at $1,223.70 an ounce. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100602ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100602ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100602ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 6.18474
Stock Price 2 days before: 6.05027
Stock Price 1 day before: 6.04337
Stock Price at release: 6.07602
Risk-Free Rate at release: 0.0013
| 3.75909 |
Symbol: CSIQ
Security: Canadian Solar Inc.
Related Stocks/Topics: CBOE|Markets|SCVL|HOV|DAKT|SPX
Title: Opening View: DJIA Due For Bounce; Jobs Data Coming on Thursday and Friday
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-02 07:51:00
Article: The Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) continued to battle overhead resistance at its declining 10-day moving average on Tuesday, but the blue-chip barometer lost another round, plunging some 113 points on the day. However, the pullback has placed the Dow within spitting distance of support near 10,000 once again, meaning we could see the DJIA bounce in today's trading. Furthermore, the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) comes into this morning perched above support in the 1,060 area. Resistance for the SPX could materialize in the 1,090 area today, which is home to the index's declining 10-day trendline. Heading into the open, futures on the DJIA and the SPX are trading roughly 49 points and 4 points above fair value, respectively. Even with the indications for a positive open, I would expect any rally to be muted ahead of Friday's May jobs data. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) rebounded from support at its 20-day moving average on Monday, reclaiming the 35 level in the process. However, given the early positive bias in stock futures, we could see the VIX pull back to around the 30 level by the close.In earnings news, Jos. A. Bank Clothiers Inc. ([JOSB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOSB&selected=JOSB)) ) reported a first-quarter net profit of $15.8 million, or 85 cents per share, as sales rose 10% to $178.1 million. Analysts were expecting earnings of 72 cents per share. "With this quarter's results, we have achieved earnings growth in 34 of the past 35 quarters when compared to the respective prior year periods, including 16 quarters in a row," said CEO R. Neal Black. Finally, in merger and acquisition news, Sonic Solutions ([SNIC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SNIC&selected=SNIC)) ) announced that it is buying DivX Inc. ([DIVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DIVX&selected=DIVX)) ) in a cash and stock deal. Sonic said it will pay $3.75 in cash and 0.514 of its own shares for every DivX share, or approximately $9.83 per share at SNIC's closing price on Tuesday. Sonic said the deal is expected to close in September and could potentially double its adjusted earnings per share in fiscal 2012. **Earnings Preview** On the earnings front, Canadian Solar Inc. ([CSIQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CSIQ&selected=CSIQ)) ), Daktronics Inc. ([DAKT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DAKT&selected=DAKT)) ), Shoe Carnival Inc. ([SCVL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCVL&selected=SCVL)) ), Coldwater Creek Inc. ([CWTR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CWTR&selected=CWTR)) ), and Hovnanian Enterprises Inc. ([HOV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HOV&selected=HOV)) ) are scheduled to release their quarterly reports today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar****Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 893,256 call contracts traded on Tuesday, compared to 522,284 put contracts. The resultant single-session put/call ratio arrived at 0.58, while the 21-day moving average held at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100602ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100602ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100602ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading remains in the dumps this morning, as only two of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a loss of 0.59%. In Asia, stocks retreated in a volatile trading session, as signs of a slowdown in manufacturing growth kept investors cautious. China's factories scaled back production last month and slowed the pace of hiring, the purchasing managers' index ([PMI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PMI&selected=PMI)) ) showed. Meanwhile, European shares fell, with BP plc down after the U.S. launched a criminal probe into the Gulf of Mexico disaster and banks slipping on worries over the recovery from the euro zone crisis Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100602ov4.gif)**Currencies and Commodities** The U.S. dollar continues to benefit from a weak euro, but news that the Japanese prime minister will step down has bolstered the greenback versus the yen as well. So far this morning, the U.S. Dollar Index is up 0.24% at 86.86. Crude futures are lagging again, as traders look forward to today's report on U.S. petroleum stockpiles. In electronic trading, the most active contract was down 44 cents at $72.14 per barrel. Finally, gold is pulling back from yesterday's peak above $1,230 an ounce. In London, gold futures are down $3.20 at $1,223.70 an ounce. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100602ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100602ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100602ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 12.985
Stock Price 2 days before: 12.8705
Stock Price 1 day before: 12.8562
Stock Price at release: 9.59063
Risk-Free Rate at release: 0.0013
| 10.1666 |
Symbol: SCVL
Security: Shoe Carnival, Inc.
Related Stocks/Topics: WPRT|Markets|CSIQ
Title: Wednesday Losers: Canadian Solar, Westport Innovations and Shoe Carnival
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-02 11:17:00
Article: Among the biggest losers in Wednesday's early trading are **Canadian Solar (Nasdaq: CSIQ)** , **Westport Innovations (Nasdaq: WPRT)** and **Shoe Carnival (Nasdaq: SCVL)** . **Canadian Solar Fesses Up** Shares of **Canadian Solar (Nasdaq: CSIQ)** are off around -20% after the company warned that the U.S. Securities and Exchange Commission ([SEC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SEC&selected=SEC)) ) is investigating its accounting practices. Questions about sales returns are at issue, and management not only postponed a conference call planned for today, but also lowered second-quarter sales forecasts, perhaps in acknowledgement that revenue recognition policies were too aggressive. Notably, management boosted full-year sales guidance, but that outlook lacks credibility at the moment. Investors have good reason for dumping shares. The fact that a key customer returned solar panels is quite unusual, and highlights the risk that Canadian Solar has possible defect issues. It doesn't help that management failed to "un-book" those revenues when products were returned. **Action to Take -->** The solar sector still holds a great deal of promise, but the near-term is dominated by a never-ending stream of bad news. Other solar stocks may start to rebound later this summer when investors look ahead to brighter days in 2011 and 2012, but Canadian Solar is unlikely to join that rally, especially if the SEC investigation drags on for awhile. There's no need to bottom-fish these shares.-------------------------------------**Westport's Slow Progress** It's easy to love a stock like **Westport Innovations (Nasdaq: WPRT)** . The company is a leading player in the natural-gas fueled truck market. Natural gas is cheaper than diesel, is seeing increasingly favorable legislation, and has a relatively clean emissions profile. Shares of Westport had run from $6 to $20 during the past year on hopes that the country would soon start to embrace natural gas as a transportation fuel in a big way.But Westport keeps dashing hopes by delivering quarterly results that are shy of forecasts. A tepid fiscal fourth-quarter earnings report pushed shares down nearly -8% in Wednesday trading, and they have now fallen nearly -30% since mid-May.The challenge for investors is to peg a date when the company finally turns a profit. Right now, it looks as if Westport will lose around $1 a share for the fourth straight year (on a non-GAAP basis). Yet a clear positive looms on the horizon. The NATGAS act, which was proposed last month, is expected to offer massive subsidies for truck manufacturers that sell natural gas-fueled vehicles. Right now, the legislation is stalled in Congress, but is expected to eventually pass. Until it does, though, demand for Westport's engines may actually slow as potential buyers wait to see how Washington will proceed. **Action to Take -->** Natural gas is a logical choice for transportation fuel. But it's unclear if Westport Innovations will ever actually make a profit off of the business. As the market opportunity grows, the company is bound to see more competition. So shares may not be attractive on a fundamental basis -- especially since demand may slow in the near-term. But this stock always does well when investors are talking about natural gas, and shares will get a very nice lift when legislation is finally passed. So feel free to build a small speculative position on this "story stock," but be prepared to take quick profits if any positive announcements push shares sharply up. If history is any guide, that rebound probably won't last.-------------------------------------**Shoe Carnival and Collective Brands** You can get a clear gauge of the broader investor mood by seeing how a stock trades after a mixed earnings report. If investors are in a favorable mood, then they tend to look at the positives. But a wary investor will look for any excuse to sell. Right now, it's the latter mood that dominates. Retailers **Shoe Carnival (Nasdaq: SCVL)** and **Collective Brands ([PSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PSS&selected=PSS)) )** are each off more than -7% in Wednesday trading, even as they delivered a mix of good and bad news.Shoe Carnival delivered solid first-quarter results, and said that second-quarter profits will be in a range of $0.23 to $0.27 a share. Analysts are forecasting $0.27 a share. Investors see that as a real disappointment, but should know that management has a way of setting a low bar. In each of the last four quarters, guidance has been somewhat cautious, but the retailer has gone on to blow past profit forecasts -- by at least 32% every time. **Action to Take -->** Investors are over-reacting to the cautious outlook in a quarter that is seasonally unimportant anyway. Shoe Carnival shares are now off more than -20% in the past few weeks, creating a nice entry point. Shares, at a recent $23, are likely to work back toward the $30 level later this summer as investors start to focus on the still-bright prospects for next year.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 25.0655
Stock Price 2 days before: 24.8981
Stock Price 1 day before: 25.4959
Stock Price at release: 23.8255
Risk-Free Rate at release: 0.0013
| 19.8628 |
Symbol: CSIQ
Security: Canadian Solar Inc.
Related Stocks/Topics: WPRT|Markets|SCVL
Title: Wednesday Losers: Canadian Solar, Westport Innovations and Shoe Carnival
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-02 11:17:00
Article: Among the biggest losers in Wednesday's early trading are **Canadian Solar (Nasdaq: CSIQ)** , **Westport Innovations (Nasdaq: WPRT)** and **Shoe Carnival (Nasdaq: SCVL)** . **Canadian Solar Fesses Up** Shares of **Canadian Solar (Nasdaq: CSIQ)** are off around -20% after the company warned that the U.S. Securities and Exchange Commission ([SEC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SEC&selected=SEC)) ) is investigating its accounting practices. Questions about sales returns are at issue, and management not only postponed a conference call planned for today, but also lowered second-quarter sales forecasts, perhaps in acknowledgement that revenue recognition policies were too aggressive. Notably, management boosted full-year sales guidance, but that outlook lacks credibility at the moment. Investors have good reason for dumping shares. The fact that a key customer returned solar panels is quite unusual, and highlights the risk that Canadian Solar has possible defect issues. It doesn't help that management failed to "un-book" those revenues when products were returned. **Action to Take -->** The solar sector still holds a great deal of promise, but the near-term is dominated by a never-ending stream of bad news. Other solar stocks may start to rebound later this summer when investors look ahead to brighter days in 2011 and 2012, but Canadian Solar is unlikely to join that rally, especially if the SEC investigation drags on for awhile. There's no need to bottom-fish these shares.-------------------------------------**Westport's Slow Progress** It's easy to love a stock like **Westport Innovations (Nasdaq: WPRT)** . The company is a leading player in the natural-gas fueled truck market. Natural gas is cheaper than diesel, is seeing increasingly favorable legislation, and has a relatively clean emissions profile. Shares of Westport had run from $6 to $20 during the past year on hopes that the country would soon start to embrace natural gas as a transportation fuel in a big way.But Westport keeps dashing hopes by delivering quarterly results that are shy of forecasts. A tepid fiscal fourth-quarter earnings report pushed shares down nearly -8% in Wednesday trading, and they have now fallen nearly -30% since mid-May.The challenge for investors is to peg a date when the company finally turns a profit. Right now, it looks as if Westport will lose around $1 a share for the fourth straight year (on a non-GAAP basis). Yet a clear positive looms on the horizon. The NATGAS act, which was proposed last month, is expected to offer massive subsidies for truck manufacturers that sell natural gas-fueled vehicles. Right now, the legislation is stalled in Congress, but is expected to eventually pass. Until it does, though, demand for Westport's engines may actually slow as potential buyers wait to see how Washington will proceed. **Action to Take -->** Natural gas is a logical choice for transportation fuel. But it's unclear if Westport Innovations will ever actually make a profit off of the business. As the market opportunity grows, the company is bound to see more competition. So shares may not be attractive on a fundamental basis -- especially since demand may slow in the near-term. But this stock always does well when investors are talking about natural gas, and shares will get a very nice lift when legislation is finally passed. So feel free to build a small speculative position on this "story stock," but be prepared to take quick profits if any positive announcements push shares sharply up. If history is any guide, that rebound probably won't last.-------------------------------------**Shoe Carnival and Collective Brands** You can get a clear gauge of the broader investor mood by seeing how a stock trades after a mixed earnings report. If investors are in a favorable mood, then they tend to look at the positives. But a wary investor will look for any excuse to sell. Right now, it's the latter mood that dominates. Retailers **Shoe Carnival (Nasdaq: SCVL)** and **Collective Brands ([PSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PSS&selected=PSS)) )** are each off more than -7% in Wednesday trading, even as they delivered a mix of good and bad news.Shoe Carnival delivered solid first-quarter results, and said that second-quarter profits will be in a range of $0.23 to $0.27 a share. Analysts are forecasting $0.27 a share. Investors see that as a real disappointment, but should know that management has a way of setting a low bar. In each of the last four quarters, guidance has been somewhat cautious, but the retailer has gone on to blow past profit forecasts -- by at least 32% every time. **Action to Take -->** Investors are over-reacting to the cautious outlook in a quarter that is seasonally unimportant anyway. Shoe Carnival shares are now off more than -20% in the past few weeks, creating a nice entry point. Shares, at a recent $23, are likely to work back toward the $30 level later this summer as investors start to focus on the still-bright prospects for next year.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 12.985
Stock Price 2 days before: 12.8705
Stock Price 1 day before: 12.5261
Stock Price at release: 10.0778
Risk-Free Rate at release: 0.0013
| 10.3353 |
Symbol: JBLU
Security: JetBlue Airways Corporation
Related Stocks/Topics: LUV|Markets|CAL|SLB|HAL|RIG|IRDM|BYD
Title: Wednesday Winners: Iridium, Continental Air, Halliburton and Isle of Capri
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-02 12:31:00
Article: Among the biggest winners in Wednesday's early trading are **Iridium Communications (Nasdaq: IRDM)** , **Continental Air ([CAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAL&selected=CAL)) )** , **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** and **Isle of Capri (Nasdaq: ISLE)** . **Halliburton Leads an Energy Turnaround** Shares of **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** are up more than +9% today as investors start to wade back into the offshore oil and gas sector. **Rival Baker Hughes ([BHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BHI&selected=BHI)) )** and **Schlumberger ([SLB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SLB&selected=SLB)) )** are rising in tandem, up +5% today, though **Transocean ([RIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RIG&selected=RIG)) )** , with its still-to-be-determined liability , is not participating in the rally. We'll have a full look at the whole group later in the day. ------------------------------------**Continental Leads Airline Stocks Higher** Every business likes to benefit from more customers and higher prices. That trend is clearly in evidence at **Continental Airlines ([CAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAL&selected=CAL)) )** . The company just reported that revenues are now rising at a +20% pace, signaling that the industry is finally benefiting from last year's sharp capacity reductions. Shares of Continental are up nearly +10%, while many other carriers are up more than +5% in sympathy.Results in the whole group are also expected to be bolstered by a recent drop in oil prices. We are entering the "goldilocks" phase of industry conditions where the economy is strong enough to sustain travel demand, but no so strong as to make fuel costs prohibitively expensive. And you can bet the industry will be slow to bring back all those mothballed planes parked in the desert. Rising demand and tight supply of airline seats are an unusual condition for the industry, and look set to last for the remainder of the year. Continental's impending merger with **United Airlines (Nasdaq: UAUA)** should only strengthen the carrier's competitive hand. **Action to Take -->** Despite all those positives, investors should proceed cautiously with airlines like Continental that have a high degree of international exposure -especially in Europe. If the European economies weaken further from here, international price wars may be inevitable. It may be wiser to stock with domestic-focused carriers such as **JetBlue (Nasdaq: JBLU)** , **Southwest ([LUV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LUV&selected=LUV)) )** and **U.S. Airways ([LCC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LCC&selected=LCC)) )** .------------------------------------**Casino Stocks Get a Nod** Maybe John Paulson's big bet on **Boyd Gaming ([BYD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BYD&selected=BYD)) )** will pay off. We questioned the wisdom of investing in the casino industry at a time when the industry was expanding capacity while traffic was slumping. But **Isle of Capri Casinos (Nasdaq: ISLE)** proves that cost cuts can boost profits even as they wait for consumers to return to the craps table. Although revenues in its fiscal fourth quarter fell around -6% from a year ago, expenses fell even faster, leading to a +55% jump in earnings before interest, tax, depreciation and amortization (EBITDA). Instead of an expected loss, Isle of Capri managed to eke out a $0.15 per share quarterly profit. And that revenue drop is still an improvement over prior quarter comparisons, indicating that the company may soon show revenue growth once again. The positive quarterly report is pushing shares of ISLE up +15% in Wednesday trading.Although Isle of Capri still sits on more than $1 billion in debt, the company was able to get lenders to push out re-payment time frames. And unless the economy contracts from here, debt levels should steadily come down. The debt load had scared off investors, as shares traded down below four times projected EBITDA at their nadir. They still only trade at around 5.5 times projected fiscal (April) 2011 EBITDA, and as debt levels go down, that EBITDA multiple should expand. **Action to Take -->** Despite today's sharp upward move, shares should still move higher, back to the 52-week high of $14.40, as investors start to focus on best-case scenarios rather than worst case scenarios. Isle of Capri has quickly morphed from a potential bankruptcy candidate to an impressive cash flow generator.------------------------------------**Iridium Keeps Absorbing Capital** More than a decade ago, **Iridium Communications (Nasdaq: IRDM)** was forced to declare bankruptcy after burning through several billion dollars. The company aimed to provide wireless phone service anywhere on the earth, but found that few people could afford the company's extremely high prices. And with few customers it was hard to pay for all of the satellites that were launched.Eventually, after shareholders were wiped out, Iridium managed to raise more money and eventually went public again (in 2008). These days, the company has around 350,000 subscribers, but that's not yet enough to be profitable. To reach critical mass , Iridium will have to launch yet more satellites. To fund that effort, the company has lined up nearly $2 billion in fresh debt. The catch: the French government has offered to guarantee 95% of that debt, which means that the company should have no trouble finding investors for its bonds. That news is sending shares up more than +5% in Wednesday trading. **Action to Take -->** Iridium will still be on the hook to re-pay that debt, and would need to double or triple its subscriber base to support that debt load . And it's fair to wonder how many people can afford very expensive cell phone service for remote locations. This looks like just another round of spending that will fail to deliver. If you're looking to short a stock in this market, today's pop in the stock looks like a good entry point.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 6.19632
Stock Price 2 days before: 6.13815
Stock Price 1 day before: 6.29
Stock Price at release: 6.42026
Risk-Free Rate at release: 0.0013
| 5.29319 |
Symbol: CAL
Security: Caleres, Inc.
Related Stocks/Topics: LUV|Markets|SLB|HAL|RIG|IRDM|JBLU|BYD
Title: Wednesday Winners: Iridium, Continental Air, Halliburton and Isle of Capri
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-02 12:31:00
Article: Among the biggest winners in Wednesday's early trading are **Iridium Communications (Nasdaq: IRDM)** , **Continental Air ([CAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAL&selected=CAL)) )** , **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** and **Isle of Capri (Nasdaq: ISLE)** . **Halliburton Leads an Energy Turnaround** Shares of **Halliburton ([HAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAL&selected=HAL)) )** are up more than +9% today as investors start to wade back into the offshore oil and gas sector. **Rival Baker Hughes ([BHI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BHI&selected=BHI)) )** and **Schlumberger ([SLB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SLB&selected=SLB)) )** are rising in tandem, up +5% today, though **Transocean ([RIG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RIG&selected=RIG)) )** , with its still-to-be-determined liability , is not participating in the rally. We'll have a full look at the whole group later in the day. ------------------------------------**Continental Leads Airline Stocks Higher** Every business likes to benefit from more customers and higher prices. That trend is clearly in evidence at **Continental Airlines ([CAL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CAL&selected=CAL)) )** . The company just reported that revenues are now rising at a +20% pace, signaling that the industry is finally benefiting from last year's sharp capacity reductions. Shares of Continental are up nearly +10%, while many other carriers are up more than +5% in sympathy.Results in the whole group are also expected to be bolstered by a recent drop in oil prices. We are entering the "goldilocks" phase of industry conditions where the economy is strong enough to sustain travel demand, but no so strong as to make fuel costs prohibitively expensive. And you can bet the industry will be slow to bring back all those mothballed planes parked in the desert. Rising demand and tight supply of airline seats are an unusual condition for the industry, and look set to last for the remainder of the year. Continental's impending merger with **United Airlines (Nasdaq: UAUA)** should only strengthen the carrier's competitive hand. **Action to Take -->** Despite all those positives, investors should proceed cautiously with airlines like Continental that have a high degree of international exposure -especially in Europe. If the European economies weaken further from here, international price wars may be inevitable. It may be wiser to stock with domestic-focused carriers such as **JetBlue (Nasdaq: JBLU)** , **Southwest ([LUV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LUV&selected=LUV)) )** and **U.S. Airways ([LCC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LCC&selected=LCC)) )** .------------------------------------**Casino Stocks Get a Nod** Maybe John Paulson's big bet on **Boyd Gaming ([BYD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BYD&selected=BYD)) )** will pay off. We questioned the wisdom of investing in the casino industry at a time when the industry was expanding capacity while traffic was slumping. But **Isle of Capri Casinos (Nasdaq: ISLE)** proves that cost cuts can boost profits even as they wait for consumers to return to the craps table. Although revenues in its fiscal fourth quarter fell around -6% from a year ago, expenses fell even faster, leading to a +55% jump in earnings before interest, tax, depreciation and amortization (EBITDA). Instead of an expected loss, Isle of Capri managed to eke out a $0.15 per share quarterly profit. And that revenue drop is still an improvement over prior quarter comparisons, indicating that the company may soon show revenue growth once again. The positive quarterly report is pushing shares of ISLE up +15% in Wednesday trading.Although Isle of Capri still sits on more than $1 billion in debt, the company was able to get lenders to push out re-payment time frames. And unless the economy contracts from here, debt levels should steadily come down. The debt load had scared off investors, as shares traded down below four times projected EBITDA at their nadir. They still only trade at around 5.5 times projected fiscal (April) 2011 EBITDA, and as debt levels go down, that EBITDA multiple should expand. **Action to Take -->** Despite today's sharp upward move, shares should still move higher, back to the 52-week high of $14.40, as investors start to focus on best-case scenarios rather than worst case scenarios. Isle of Capri has quickly morphed from a potential bankruptcy candidate to an impressive cash flow generator.------------------------------------**Iridium Keeps Absorbing Capital** More than a decade ago, **Iridium Communications (Nasdaq: IRDM)** was forced to declare bankruptcy after burning through several billion dollars. The company aimed to provide wireless phone service anywhere on the earth, but found that few people could afford the company's extremely high prices. And with few customers it was hard to pay for all of the satellites that were launched.Eventually, after shareholders were wiped out, Iridium managed to raise more money and eventually went public again (in 2008). These days, the company has around 350,000 subscribers, but that's not yet enough to be profitable. To reach critical mass , Iridium will have to launch yet more satellites. To fund that effort, the company has lined up nearly $2 billion in fresh debt. The catch: the French government has offered to guarantee 95% of that debt, which means that the company should have no trouble finding investors for its bonds. That news is sending shares up more than +5% in Wednesday trading. **Action to Take -->** Iridium will still be on the hook to re-pay that debt, and would need to double or triple its subscriber base to support that debt load . And it's fair to wonder how many people can afford very expensive cell phone service for remote locations. This looks like just another round of spending that will fail to deliver. If you're looking to short a stock in this market, today's pop in the stock looks like a good entry point.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 21.1309
Stock Price 2 days before: 20.7745
Stock Price 1 day before: 20.7077
Stock Price at release: 22.2084
Risk-Free Rate at release: 0.0013
| 21.1198 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: BP|Markets|WMT|MSFT|XOM|GS|GE|ORCL|JPM|AAPL|CSCO|PG|T|C|IBM|PFE|TM|CVX|WFC|BAC|MRK|KO|BHP|JNJ|GOOG|NVS|HPQ|BRK.B|INTC|PBR|PEP|VOD|VALE
Title: Buys and Sells in 38 Blue Chip Mega Cap Stocks
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-03 01:32:00
Article: When you look at the broader stock market, the little guys often get lost in the shuffle. That's because a small start-up or a penny stock can see massive income based on small innovations or an exponential increase in market share due to even minor demographic shifts or industry trends. The reality is that entrenched blue chips just don't move as fast. That can be a good thing in troubled times because it reduces risk, but it can also frustrate investors who watch speedy little companies lap them several times over.Personally, I see the benefit in both asset classes. I just released my list of my favorite [blue chip stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/gallery/blue-chip-stock-to-buy-abc-hsp-esrx-cl-stx-part3.html) , and just days ago offered up a new list of [11 penny stocks to buy now](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-semiconductor-lscc-ltxc-tsem-mtsn-cnxt-acls-vimc-ikan-mosy-fsii-pdfs-axti.html) . That's because you can find great stocks of all sizes if you know what to look for. However, if you're looking to learn something about the broader market it's helpful to pay more attention to the blue chips. In fact, the bigger they are the better example they often can be of macro trends. That's why I want to take a moment today to discuss what I see across 38 "mega cap" stocks with a market size of more than $100 billion at current valuations:**Mega Cap Blue Chip Stocks to Buy** First, let's look at the good companies. My fundamental analysis of earnings, sales and other key metrics indicates that out of the 38 mega cap blue chips out there, a mere six are worth buying right now. Not a good sign, but after a brutal May it shouldn't come as much of a surprise.It is important to note, however, the sectors in which these top mega cap stocks are located - namely technology and computer staples. **Apple Inc.** ([AAPL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AAPL&selected=AAPL)) ) is forging ahead with red-hot sales of its iPad and iPhone gadgets, lifting the entire tech sector as a result. After a blowout first-quarter earnings report that topped estimates by over 35%, nobody doubts the strength of AAPL stock. **Related Article: [Apple iPad Owners Want Flash, Disagreeing with Apple CEO Jobs](http://www.investorplace.com/experts/jeff_reeves/apple-aapl-ipad-steve-jobs-adobe-flash-adbe-customer-satisfaction-complaint.html)** **Intel** ([INTC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=INTC&selected=INTC)) ) is also flying high on the demand for its processors due to sales of iPads and other high-tech gear, seeing profits soar over the last four quarters from a loss of -7 cents a share in Q2 of 2009 to profits of 43 cents a share in its Q1 report just several weeks ago. Forecasts for Intel's next earnings report in mid-July are set at 43 cents, which will present a massive year-over-year improvement if that estimate holds. **Hewlett-Packard** ([HPQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HPQ&selected=HPQ)) ) is seeing similar success with its computers and gadgets. It has met or exceeded Wall Street estimates in each of the last four quarters and is projecting growth of 15% to 20% this year. **Related Article: [Stock Investing Trading Strategies - 25 Highest Yield Dividend Stocks in the S&P 500](http://www.investorplace.com/experts/jeff_reeves/stock-investing-trading-strategies-best-stocks-to-buy-high-dividend-yield.html)**It's safe to say that when you look at the mega caps, you can find lots of reasons to be bullish on the tech sector.Another sector worth a look is consumer staples. Beverage giant **PepsiCo** ([PEP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PEP&selected=PEP)) ) and household products maker **Procter & Gamble** ([PG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PG&selected=PG)) ) are at the top of the list thanks to improving global sales and a steady revenues. While consumers are slowly warming up to purchases like new cars and new homes, consumer staples sales have been strong over the last year or so and should continue to be firm going forward. **Related Article: [Soft Drink Stocks Fight Sugar Tax](http://www.investorplace.com/experts/paul_ausick/articles/coca-cola-ko-pepsico-pepsi-pep-dr-pepper-snapple-dps-stock.html)**As a bit of an outlier in the top mega caps to buy, **Merck** ([MRK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MRK&selected=MRK)) ) also makes the top of my list. I give "hold" ratings to mega cap pharma competitors like **Johnson & Johnson** ([JNJ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JNJ&selected=JNJ)) ), and even a "sell" rating to rival **Pfizer** ([PFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PFE&selected=PFE)) ). Merck stands along due to four straight quarters of earnings that have met or exceeded EPS forecasts and continued fundamental strength, but don't confuse this company's individual strength with an endorsement for the whole sector. **Related Article: [Buy MRK Stock and Sell PFE Stock - Just One of 5 FREE Trade-Up Trades](http://www.investorplace.com/experts/jeff_reeves/stocks-to-buy-sell-tm-pfe-gis-aapl-pcg-f-mrk-kft-intc-exc.html)**Here's a look at the list of mega cap blue chips to buy:Full disclosure: In my Blue Chip Growth investment newsletter, I am recommending Apple to my subscribers as of this writing. I am also recommending Intel currently in my Quantum Growth investment newsletter. **Mega Cap Blue Chip Stocks to Sell** Considerably longer is the list of mega cap stocks that I would recommend selling right now. Despite being fairly conservative investments even on their worst days, there's not reason to hang on to a bad stock even if it has a market ca of $100 billion. I'd recommend trading out any of these stocks immediately for a better company, even if that means going smaller. I won't bore you with details from every since stock on this list of blue chips to sell, but let me at least cover the big trends:First, it should be clear that oil and energy stocks are the worst off. We can thank **BP plc** ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) ) for that. **Exxon Mobil** ([XOM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=XOM&selected=XOM)) ), **Total** ([TOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TOT&selected=TOT)) ), **Chevron** ([CVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CVX&selected=CVX)) ) and several others have been weighed down thanks to continued mayhem in the Gulf of Mexico and fears that Congress will get vindictive with regulations in the wake of this crisis. I would steer clear of any crude oil stock for now. **Related Article: [Is BP Stock Worse than Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) )?**Thanks to a crisis of a different kind - namely sovereign debt problems in Europe and continued fallout from mortgage trouble in the U.S. - banks are another sector worth avoiding. That goes for **Citigroup** ([C](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=C&selected=C)) ), **Wells Fargo** ([WFC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WFC&selected=WFC)) ) and **JP Morgan Chase** ([JPM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JPM&selected=JPM)) ) among the mega caps. **Related Article: [12 Stocks to Buy in the Financial Sector - And 12 to Sell](http://www.investorplace.com/experts/louis_navellier/articles/financial-stocks-investment-to-buy-BBVA-BXS-CFFN-CS-FII-ING-KCG-NDAQ-NTRS-NYX-PBCT-SCHW-NLY-ACGL-BMA-CIB-CSH-CNA-BCA-ERIE-FCNCA-ISBC-KFN-SBNY.html)** Peppered in there are a few other outlier stocks as well, such as automaker **Toyota** ([TM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TM&selected=TM)) ) that continues to suffer in the wake of a recall earlier this year and struggling telecom provider **AT&T** ([T](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=T&selected=T)) ) may be facing a mass migration when its exclusive partnership with Apple and the iPhone comes to an end. **Related Article: [AT&T Data Plan Change - Is it Price Gounging?](http://www.investorplace.com/experts/jeff_reeves/att-data-plan-unlimited-iphone-apple-aapl-ipad-verizon-vz.html)**Here's the complete list of mega cap stocks to sell:**Mega Cap Blue Chip Stocks to Hold** Of course there are a host of other companies in between these two groups. As you'll see they are a grab bag across a number of sectors - including some industries that on the whole seem to be doing very well or doing very poorly.I'm including these mega cap stocks to hold as an example of how Wall Street is never black and white. There are always a few stocks that buck the trends, and at the end of the day its up to investors to do their homework and make sure the individual stocks they buy are succeeding on the strength of their own numbers - not a fad or investment trend.Here are the list of mega cap stocks to hold.Full Disclosure: In my Blue Chip Growth investment newsletter, I am recommending Novartis to my subscribers as of this writing. About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=SR3114). ******Related Articles:** - [12 Bank Stocks to Buy and 12 Financial Investments to Sell](http://www.investorplace.com/experts/louis_navellier/articles/financial-stocks-investment-to-buy-BBVA-BXS-CFFN-CS-FII-ING-KCG-NDAQ-NTRS-NYX-PBCT-SCHW-NLY-ACGL-BMA-CIB-CSH-CNA-BCA-ERIE-FCNCA-ISBC-KFN-SBNY.html) - [6 Dividend Stocks Boosting Yields (HNZ, LOW, MCK, NX, RYAAY, WSM)](http://www.investorplace.com/experts/jeff_reeves/high-yield-dividend-stocks-investment-income-heinz-hnz-lowes-low-mckesson-mck-nx-ryaay-wsm.html) - [3D Porn Sales Will Be Watched by Panasonic and Sony (SNE, PC, MIELY, SHCAY)](http://www.investorplace.com/experts/jeff_reeves/sony-sne-panasonic-pc-3d-tv-porn-mistubishi-miely-sharp-samsung.html)
Stock Price 4 days before: 18.708
Stock Price 2 days before: 18.4879
Stock Price 1 day before: 18.1071
Stock Price at release: 18.3219
Risk-Free Rate at release: 0.0013
| 16.2612 |
Symbol: UEC
Security: Uranium Energy Corp.
Related Stocks/Topics: Markets|CCJ|GVP
Title: Profiting From the Nuclear Power Renaissance
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-03 05:05:00
Article: After expending a great deal of political capital on health reform, many expected the Obama administration to push off energy and climate legislation into next year. But with the pool of oil growing in the Gulf of Mexico by the day, President Obama has moved his energy legislation agenda back on to the front burner, calling on Congress to work with him to bolster America's consumption of alternative forms of energy.Although wind and solar have garnered much of the attention, it may now be time to start focusing on nuclear power opportunities. Plans are afoot to green light a few new plants this year, and during the next few years, we may see applications for dozens more new plants. Internationally, the nuclear renaissance has already begun. **Uranium: unfavorable economics** At first glance, it would seem logical to buy stocks of the uranium mining companies. After all, the United States' existing stock of 104 reactors burn through 55 million pounds of uranium each year. But there is an ample supply out there in places like Kazakhstan, and Latin America, as well as here in the United States. It would take dozens of new reactors to come on line for uranium demand to exceed supply. To be sure, uranium can be swept up in a bubble: The radioactive material fetched $120 a pound in 2007 as expectations grew that many new nuclear plants would soon be authorized around the world. That never came to pass, and uranium now trades for about $40 a pound.The Obama administration has already offered $8 billion in loan guarantees -- enough to backstop two new plants. And they'd like Congress to authorize another $46 billion to get other nuclear plants off the ground. (Some of that money might go to a new breed of mini-reactors, which also use uranium, so the net effect on demand is a wash). If Congress agrees to that plan, then uranium prices could temporarily spike. That would be good news for small processors such as **Uranium Energy Corp. ([UEC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=UEC&selected=UEC)) )** , which owns several mines in the Western U.S.But most investors focus on **Cameco ([CCJ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CCJ&selected=CCJ)) )** , the industry's largest player. Cameco, which has mines in Canada, the U.S., Kazakhstan and Australia, also sports the lowest costs in its industry.Weak prices for uranium have been a real positive at times, as they have flushed out smaller, less-efficient players, enabling Cameco to boost market share . Shares of Cameco have fallen about -25% this year, and no longer trade at a premium to the value of the unmined uranium it controls. Shares have likely found a floor here, and would post a rebound if President Obama's legislative plans are advanced, and uranium prices rise from current levels. (The share price weakness mirrors a fall in uranium, which has also steadily fallen since the start of the year). **A shortage of processors** If new plants get the green light, and demand for uranium rises, then we'll soon see a bottleneck in efforts to convert mined uranium into a usable fuel for power plants. That's why **USEC, Inc. ([USU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=USU&selected=USU)) )** recently secured a $200 million investment to boost its uranium processing capabilities. As we noted here, USEC is not well-known on the Street, but is highly profitable and poised for solid growth if new plant construction begins. **What about the builders?**Nuclear power plants take billions of dollars to construct. All that money that the Obama administration hopes to secure will go right to the companies that can build these massive complexes. Trouble is, most of these builders are privately-held, or trade on foreign stock exchanges. Some investors see **Shaw Group (Nasdaq: SHAW)** as a clear beneficiary, but know that Shaw also constructs traditional power plants as well, so nuclear-related revenue will never dominate Shaw's sales mix. **Safety First** As nuclear plants get built, we'll need engineers to operate them. Many nuclear engineers are nearing retirement age, so we'll need to train a whole new group of staffers to handle the complex controls. That should be a boon for micro-cap **GSE****Systems ([GVP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GVP&selected=GVP)) )** , which builds training simulators for power plant operators. In recent quarters, the company has seen demand for nuclear simulators grow -- especially in China and South Korea, where nuclear power is already on the upswing. Sales are on track to rise at least +20% both this year and next, thanks to a fast-rising backlog . **Action to Take -->** Cameco is clearly the biggest and clearest way to play any rise in demand for uranium, but uranium processors such as USEC or nuclear training firms such as GSE Systems may be the real pure play here.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 2.56853
Stock Price 2 days before: 2.54905
Stock Price 1 day before: 2.46197
Stock Price at release: 2.58953
Risk-Free Rate at release: 0.0013
| 2.23238 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: GS|Markets
Title: Buys and Sells in 38 Blue Chip Mega Cap Stocks
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-03 06:30:00
Article: When you look at the broader stock market, the little guys often get lost in the shuffle. That's because a small start-up or a penny stock can see massive income based on small innovations or an exponential increase in market share due to even minor demographic shifts or industry trends. The reality is that entrenched blue chips just don't move as fast. That can be a good thing in troubled times because it reduces risk, but it can also frustrate investors who watch speedy little companies lap them several times over.Personally, I see the benefit in both asset classes. I just released my list of my favorite [blue chip stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/gallery/blue-chip-stock-to-buy-abc-hsp-esrx-cl-stx-part3.html) , and just days ago offered up a new list of [11 penny stocks to buy now](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-semiconductor-lscc-ltxc-tsem-mtsn-cnxt-acls-vimc-ikan-mosy-fsii-pdfs-axti.html) . That's because you can find great stocks of all sizes if you know what to look for. However, if you're looking to learn something about the broader market it's helpful to pay more attention to the blue chips. In fact, the bigger they are the better example they often can be of macro trends. That's why I want to take a moment today to discuss what I see across 38 "mega cap" stocks with a market size of more than $100 billion at current valuations:Mega Cap Blue Chip Stocks to BuyFirst, let's look at the good companies. My fundamental analysis of earnings, sales and other key metrics indicates that out of the 38 mega cap blue chips out there, a mere six are worth buying right now. Not a good sign, but after a brutal May it shouldn't come as much of a surprise.It is important to note, however, the sectors in which these top mega cap stocks are located - namely technology and computer staples. **Apple Inc.** ([AAPL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AAPL&selected=AAPL)) ) is forging ahead with red-hot sales of its iPad and iPhone gadgets, lifting the entire tech sector as a result. After a blowout first-quarter earnings report that topped estimates by over 35%, nobody doubts the strength of AAPL stock. **Related Article: [Apple iPad Owners Want Flash, Disagreeing with Apple CEO Jobs](http://www.investorplace.com/experts/jeff_reeves/apple-aapl-ipad-steve-jobs-adobe-flash-adbe-customer-satisfaction-complaint.html)** **Intel** ([INTC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=INTC&selected=INTC)) ) is also flying high on the demand for its processors due to sales of iPads and other high-tech gear, seeing profits soar over the last four quarters from a loss of -7 cents a share in Q2 of 2009 to profits of 43 cents a share in its Q1 report just several weeks ago. Forecasts for Intel's next earnings report in mid-July are set at 43 cents, which will present a massive year-over-year improvement if that estimate holds. **Hewlett-Packard** ([HPQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HPQ&selected=HPQ)) ) is seeing similar success with its computers and gadgets. It has met or exceeded Wall Street estimates in each of the last four quarters and is projecting growth of 15% to 20% this year. **Related Article: [Stock Investing Trading Strategies - 25 Highest Yield Dividend Stocks in the S&P 500](http://www.investorplace.com/experts/jeff_reeves/stock-investing-trading-strategies-best-stocks-to-buy-high-dividend-yield.html)**It's safe to say that when you look at the mega caps, you can find lots of reasons to be bullish on the tech sector.Another sector worth a look is consumer staples. Beverage giant **PepsiCo** ([PEP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PEP&selected=PEP)) ) and household products maker **Procter & Gamble** ([PG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PG&selected=PG)) ) are at the top of the list thanks to improving global sales and a steady revenues. While consumers are slowly warming up to purchases like new cars and new homes, consumer staples sales have been strong over the last year or so and should continue to be firm going forward. **Related Article: [Soft Drink Stocks Fight Sugar Tax](http://www.investorplace.com/experts/paul_ausick/articles/coca-cola-ko-pepsico-pepsi-pep-dr-pepper-snapple-dps-stock.html)**As a bit of an outlier in the top mega caps to buy, **Merck** ([MRK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MRK&selected=MRK)) ) also makes the top of my list. I give "hold" ratings to mega cap pharma competitors like **Johnson & Johnson** ([JNJ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JNJ&selected=JNJ)) ), and even a "sell" rating to rival **Pfizer** ([PFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PFE&selected=PFE)) ). Merck stands along due to four straight quarters of earnings that have met or exceeded EPS forecasts and continued fundamental strength, but don't confuse this company's individual strength with an endorsement for the whole sector. **Related Article: [Buy MRK Stock and Sell PFE Stock - Just One of 5 FREE Trade-Up Trades](http://www.investorplace.com/experts/jeff_reeves/stocks-to-buy-sell-tm-pfe-gis-aapl-pcg-f-mrk-kft-intc-exc.html)**Here's a look at the list of mega cap blue chips to buy:Symbol Company Name Sector Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) PortfolioGrader GradeAAPL Apple Inc. Computers & Peripherals $233.7A - Strong BuyHPQ Hewlett-Packard Co. Computers & Peripherals $108.1B - BuyINTC Intel Corp. Semiconductors $118.6B - BuyMRK Merck & Co Inc Pharmaceuticals $105.0B - BuyPEP PepsiCo Inc. Beverages $102.3B - BuyPG Procter & Gamble Co. Household Products $175.9B - BuyFull disclosure: In my Blue Chip Growth investment newsletter, I am recommending Apple to my subscribers as of this writing. I am also recommending Intel currently in my Quantum Growth investment newsletter. Mega Cap Blue Chip Stocks to SellConsiderably longer is the list of mega cap stocks that I would recommend selling right now. Despite being fairly conservative investments even on their worst days, there's not reason to hang on to a bad stock even if it has a market ca of $100 billion. I'd recommend trading out any of these stocks immediately for a better company, even if that means going smaller.I won't bore you with details from every since stock on this list of blue chips to sell, but let me at least cover the big trends:First, it should be clear that oil and energy stocks are the worst off. We can thank **BP plc** ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) ) for that. **Exxon Mobil** ([XOM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=XOM&selected=XOM)) ), **Total** ([TOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TOT&selected=TOT)) ), **Chevron** ([CVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CVX&selected=CVX)) ) and several others have been weighed down thanks to continued mayhem in the Gulf of Mexico and fears that Congress will get vindictive with regulations in the wake of this crisis. I would steer clear of any crude oil stock for now. **Related Article: [Is BP Stock Worse than Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) )?**Thanks to a crisis of a different kind - namely sovereign debt problems in Europe and continued fallout from mortgage trouble in the U.S. - banks are another sector worth avoiding. That goes for **Citigroup** ([C](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=C&selected=C)) ), **Wells Fargo** ([WFC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WFC&selected=WFC)) ) and **JP Morgan Chase** ([JPM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JPM&selected=JPM)) ) among the mega caps. **Related Article: [12 Stocks to Buy in the Financial Sector - And 12 to Sell](http://www.investorplace.com/experts/louis_navellier/articles/financial-stocks-investment-to-buy-BBVA-BXS-CFFN-CS-FII-ING-KCG-NDAQ-NTRS-NYX-PBCT-SCHW-NLY-ACGL-BMA-CIB-CSH-CNA-BCA-ERIE-FCNCA-ISBC-KFN-SBNY.html)**Peppered in there are a few other outlier stocks as well, such as automaker **Toyota** ([TM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TM&selected=TM)) ) that continues to suffer in the wake of a recall earlier this year and struggling telecom provider **AT&T** ([T](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=T&selected=T)) ) may be facing a mass migration when its exclusive partnership with Apple and the iPhone comes to an end. **Related Article: [AT&T Data Plan Change - Is it Price Gounging?](http://www.investorplace.com/experts/jeff_reeves/att-data-plan-unlimited-iphone-apple-aapl-ipad-verizon-vz.html)**Here's the complete list of mega cap stocks to sell:Symbol Company Name Sector Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) PortfolioGrader GradeT AT&T Inc. Diversified Telecommunications $143.6D - SellBHP BHP Billiton Ltd. Metals & Mining $180.4D - SellBBL BHP Billiton PLC Metals & Mining $152.7D - SellBP BP PLC Oil Gas & Consumable Fuels $134.5D - SellCVX Chevron Corp. Oil Gas & Consumable Fuels $148.4D - SellCHL China Mobile Ltd. Wireless Telecommunications $186.8D - SellC - Hold Citigroup Inc. Diversified Financial Services $113.3D - SellXOM Exxon Mobil Corp. Oil Gas & Consumable Fuels $284.0D - SellHBC HSBC Holdings Commercial Banks $156.3D - SellJPM JPMorgan Chase & Co. Diversified Financial Services $157.3D - SellPFE Pfizer Inc. Pharmaceuticals $122.8D - SellPTR PetroChina Co. Ltd. Oil Gas & Consumable Fuels $196.4F - Strong SellPBR Petrobras Petroleo Brasileiro Oil Gas & Consumable Fuels $156.3F - Strong SellRDS.A Royal Dutch Shell PLC Oil Gas & Consumable Fuels $161.3 D - SellTOT Total S.A. Oil Gas & Consumable Fuels $104.2F - Strong SellTM Toyota Motor Corp. Automobiles $113.4D - SellWFC Wells Fargo & Co. Commercial Banks $149.4D - SellMega Cap Blue Chip Stocks to HoldOf course there are a host of other companies in between these two groups. As you'll see they are a grab bag across a number of sectors - including some industries that on the whole seem to be doing very well or doing very poorly.I'm including these mega cap stocks to hold as an example of how Wall Street is never black and white. There are always a few stocks that buck the trends, and at the end of the day its up to investors to do their homework and make sure the individual stocks they buy are succeeding on the strength of their own numbers - not a fad or investment trend.Here are the list of mega cap stocks to hold.Symbol Company Name Sector Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) PortfolioGrader GradeBAC Bank of America Corp. Diversified Financial Services $157.9C - HoldBRK.B Berkshire Hathaway Inc. Capital Markets $174.3C - HoldLFC China Life Insurance Insurance $123.3C - HoldCSCO Cisco Systems Inc. Communications Equipment $132.8C - HoldKO Coca-Cola Co. Beverages $118.5C - HoldGE General Electric Co. Industrial Conglomerates $174.6C - HoldGOOG Google Inc. (Cl A) Internet Software & Services $154.6C - HoldIBM International Business Machines IT Services $160.6C - HoldJNJ Johnson & Johnson Pharmaceuticals $160.8C - HoldMSFT Microsoft Corp. Software $226.1C - HoldNVS Novartis AG Pharmaceuticals $103.0C - HoldORCL Oracle Corp. Software $113.2C - HoldVALE Vale S.A. Metals & Mining $141.7C - HoldVOD Vodafone Group PLC Wireless Telecommunications $105.5C - HoldWMT Wal-Mart Stores Inc. Food & Staples Retailing $191.4C - HoldFull Disclosure: In my Blue Chip Growth investment newsletter, I am recommending Novartis to my subscribers as of this writing.About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=SR3114). ** [Tell us what you think here.](mailto:[email protected])**
Stock Price 4 days before: 18.708
Stock Price 2 days before: 18.4879
Stock Price 1 day before: 18.1608
Stock Price at release: 18.4829
Risk-Free Rate at release: 0.0013
| 16.2612 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: GS|Markets
Title: Buys and Sells in 38 Blue Chip Mega Cap Stocks
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-03 06:30:00
Article: When you look at the broader stock market, the little guys often get lost in the shuffle. That's because a small start-up or a penny stock can see massive income based on small innovations or an exponential increase in market share due to even minor demographic shifts or industry trends. The reality is that entrenched blue chips just don't move as fast. That can be a good thing in troubled times because it reduces risk, but it can also frustrate investors who watch speedy little companies lap them several times over.Personally, I see the benefit in both asset classes. I just released my list of my favorite [blue chip stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/gallery/blue-chip-stock-to-buy-abc-hsp-esrx-cl-stx-part3.html) , and just days ago offered up a new list of [11 penny stocks to buy now](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-semiconductor-lscc-ltxc-tsem-mtsn-cnxt-acls-vimc-ikan-mosy-fsii-pdfs-axti.html) . That's because you can find great stocks of all sizes if you know what to look for. However, if you're looking to learn something about the broader market it's helpful to pay more attention to the blue chips. In fact, the bigger they are the better example they often can be of macro trends. That's why I want to take a moment today to discuss what I see across 38 "mega cap" stocks with a market size of more than $100 billion at current valuations:Mega Cap Blue Chip Stocks to BuyFirst, let's look at the good companies. My fundamental analysis of earnings, sales and other key metrics indicates that out of the 38 mega cap blue chips out there, a mere six are worth buying right now. Not a good sign, but after a brutal May it shouldn't come as much of a surprise.It is important to note, however, the sectors in which these top mega cap stocks are located - namely technology and computer staples. **Apple Inc.** ([AAPL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AAPL&selected=AAPL)) ) is forging ahead with red-hot sales of its iPad and iPhone gadgets, lifting the entire tech sector as a result. After a blowout first-quarter earnings report that topped estimates by over 35%, nobody doubts the strength of AAPL stock. **Related Article: [Apple iPad Owners Want Flash, Disagreeing with Apple CEO Jobs](http://www.investorplace.com/experts/jeff_reeves/apple-aapl-ipad-steve-jobs-adobe-flash-adbe-customer-satisfaction-complaint.html)** **Intel** ([INTC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=INTC&selected=INTC)) ) is also flying high on the demand for its processors due to sales of iPads and other high-tech gear, seeing profits soar over the last four quarters from a loss of -7 cents a share in Q2 of 2009 to profits of 43 cents a share in its Q1 report just several weeks ago. Forecasts for Intel's next earnings report in mid-July are set at 43 cents, which will present a massive year-over-year improvement if that estimate holds. **Hewlett-Packard** ([HPQ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HPQ&selected=HPQ)) ) is seeing similar success with its computers and gadgets. It has met or exceeded Wall Street estimates in each of the last four quarters and is projecting growth of 15% to 20% this year. **Related Article: [Stock Investing Trading Strategies - 25 Highest Yield Dividend Stocks in the S&P 500](http://www.investorplace.com/experts/jeff_reeves/stock-investing-trading-strategies-best-stocks-to-buy-high-dividend-yield.html)**It's safe to say that when you look at the mega caps, you can find lots of reasons to be bullish on the tech sector.Another sector worth a look is consumer staples. Beverage giant **PepsiCo** ([PEP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PEP&selected=PEP)) ) and household products maker **Procter & Gamble** ([PG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PG&selected=PG)) ) are at the top of the list thanks to improving global sales and a steady revenues. While consumers are slowly warming up to purchases like new cars and new homes, consumer staples sales have been strong over the last year or so and should continue to be firm going forward. **Related Article: [Soft Drink Stocks Fight Sugar Tax](http://www.investorplace.com/experts/paul_ausick/articles/coca-cola-ko-pepsico-pepsi-pep-dr-pepper-snapple-dps-stock.html)**As a bit of an outlier in the top mega caps to buy, **Merck** ([MRK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MRK&selected=MRK)) ) also makes the top of my list. I give "hold" ratings to mega cap pharma competitors like **Johnson & Johnson** ([JNJ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JNJ&selected=JNJ)) ), and even a "sell" rating to rival **Pfizer** ([PFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PFE&selected=PFE)) ). Merck stands along due to four straight quarters of earnings that have met or exceeded EPS forecasts and continued fundamental strength, but don't confuse this company's individual strength with an endorsement for the whole sector. **Related Article: [Buy MRK Stock and Sell PFE Stock - Just One of 5 FREE Trade-Up Trades](http://www.investorplace.com/experts/jeff_reeves/stocks-to-buy-sell-tm-pfe-gis-aapl-pcg-f-mrk-kft-intc-exc.html)**Here's a look at the list of mega cap blue chips to buy:Symbol Company Name Sector Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) PortfolioGrader GradeAAPL Apple Inc. Computers & Peripherals $233.7A - Strong BuyHPQ Hewlett-Packard Co. Computers & Peripherals $108.1B - BuyINTC Intel Corp. Semiconductors $118.6B - BuyMRK Merck & Co Inc Pharmaceuticals $105.0B - BuyPEP PepsiCo Inc. Beverages $102.3B - BuyPG Procter & Gamble Co. Household Products $175.9B - BuyFull disclosure: In my Blue Chip Growth investment newsletter, I am recommending Apple to my subscribers as of this writing. I am also recommending Intel currently in my Quantum Growth investment newsletter. Mega Cap Blue Chip Stocks to SellConsiderably longer is the list of mega cap stocks that I would recommend selling right now. Despite being fairly conservative investments even on their worst days, there's not reason to hang on to a bad stock even if it has a market ca of $100 billion. I'd recommend trading out any of these stocks immediately for a better company, even if that means going smaller.I won't bore you with details from every since stock on this list of blue chips to sell, but let me at least cover the big trends:First, it should be clear that oil and energy stocks are the worst off. We can thank **BP plc** ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) ) for that. **Exxon Mobil** ([XOM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=XOM&selected=XOM)) ), **Total** ([TOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TOT&selected=TOT)) ), **Chevron** ([CVX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CVX&selected=CVX)) ) and several others have been weighed down thanks to continued mayhem in the Gulf of Mexico and fears that Congress will get vindictive with regulations in the wake of this crisis. I would steer clear of any crude oil stock for now. **Related Article: [Is BP Stock Worse than Goldman Sachs ( ](http://www.investorplace.com/experts/jeff_reeves/goldman-sachs-gs-stock-bp-plc-gulf-crude-oil-spill-fraud-scandal-hal-rig.html) [GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS) )?**Thanks to a crisis of a different kind - namely sovereign debt problems in Europe and continued fallout from mortgage trouble in the U.S. - banks are another sector worth avoiding. That goes for **Citigroup** ([C](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=C&selected=C)) ), **Wells Fargo** ([WFC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WFC&selected=WFC)) ) and **JP Morgan Chase** ([JPM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JPM&selected=JPM)) ) among the mega caps. **Related Article: [12 Stocks to Buy in the Financial Sector - And 12 to Sell](http://www.investorplace.com/experts/louis_navellier/articles/financial-stocks-investment-to-buy-BBVA-BXS-CFFN-CS-FII-ING-KCG-NDAQ-NTRS-NYX-PBCT-SCHW-NLY-ACGL-BMA-CIB-CSH-CNA-BCA-ERIE-FCNCA-ISBC-KFN-SBNY.html)**Peppered in there are a few other outlier stocks as well, such as automaker **Toyota** ([TM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TM&selected=TM)) ) that continues to suffer in the wake of a recall earlier this year and struggling telecom provider **AT&T** ([T](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=T&selected=T)) ) may be facing a mass migration when its exclusive partnership with Apple and the iPhone comes to an end. **Related Article: [AT&T Data Plan Change - Is it Price Gounging?](http://www.investorplace.com/experts/jeff_reeves/att-data-plan-unlimited-iphone-apple-aapl-ipad-verizon-vz.html)**Here's the complete list of mega cap stocks to sell:Symbol Company Name Sector Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) PortfolioGrader GradeT AT&T Inc. Diversified Telecommunications $143.6D - SellBHP BHP Billiton Ltd. Metals & Mining $180.4D - SellBBL BHP Billiton PLC Metals & Mining $152.7D - SellBP BP PLC Oil Gas & Consumable Fuels $134.5D - SellCVX Chevron Corp. Oil Gas & Consumable Fuels $148.4D - SellCHL China Mobile Ltd. Wireless Telecommunications $186.8D - SellC - Hold Citigroup Inc. Diversified Financial Services $113.3D - SellXOM Exxon Mobil Corp. Oil Gas & Consumable Fuels $284.0D - SellHBC HSBC Holdings Commercial Banks $156.3D - SellJPM JPMorgan Chase & Co. Diversified Financial Services $157.3D - SellPFE Pfizer Inc. Pharmaceuticals $122.8D - SellPTR PetroChina Co. Ltd. Oil Gas & Consumable Fuels $196.4F - Strong SellPBR Petrobras Petroleo Brasileiro Oil Gas & Consumable Fuels $156.3F - Strong SellRDS.A Royal Dutch Shell PLC Oil Gas & Consumable Fuels $161.3 D - SellTOT Total S.A. Oil Gas & Consumable Fuels $104.2F - Strong SellTM Toyota Motor Corp. Automobiles $113.4D - SellWFC Wells Fargo & Co. Commercial Banks $149.4D - SellMega Cap Blue Chip Stocks to HoldOf course there are a host of other companies in between these two groups. As you'll see they are a grab bag across a number of sectors - including some industries that on the whole seem to be doing very well or doing very poorly.I'm including these mega cap stocks to hold as an example of how Wall Street is never black and white. There are always a few stocks that buck the trends, and at the end of the day its up to investors to do their homework and make sure the individual stocks they buy are succeeding on the strength of their own numbers - not a fad or investment trend.Here are the list of mega cap stocks to hold.Symbol Company Name Sector Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) PortfolioGrader GradeBAC Bank of America Corp. Diversified Financial Services $157.9C - HoldBRK.B Berkshire Hathaway Inc. Capital Markets $174.3C - HoldLFC China Life Insurance Insurance $123.3C - HoldCSCO Cisco Systems Inc. Communications Equipment $132.8C - HoldKO Coca-Cola Co. Beverages $118.5C - HoldGE General Electric Co. Industrial Conglomerates $174.6C - HoldGOOG Google Inc. (Cl A) Internet Software & Services $154.6C - HoldIBM International Business Machines IT Services $160.6C - HoldJNJ Johnson & Johnson Pharmaceuticals $160.8C - HoldMSFT Microsoft Corp. Software $226.1C - HoldNVS Novartis AG Pharmaceuticals $103.0C - HoldORCL Oracle Corp. Software $113.2C - HoldVALE Vale S.A. Metals & Mining $141.7C - HoldVOD Vodafone Group PLC Wireless Telecommunications $105.5C - HoldWMT Wal-Mart Stores Inc. Food & Staples Retailing $191.4C - HoldFull Disclosure: In my Blue Chip Growth investment newsletter, I am recommending Novartis to my subscribers as of this writing.About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=SR3114). ** [Tell us what you think here.](mailto:[email protected])**
Stock Price 4 days before: 18.708
Stock Price 2 days before: 18.4879
Stock Price 1 day before: 18.1608
Stock Price at release: 18.4829
Risk-Free Rate at release: 0.0013
| 16.2612 |
Symbol: AMWD
Security: American Woodmark Corporation
Related Stocks/Topics: CBOE|Markets|SPX
Title: Opening View: DJIA Futures Edge Slightly Higher; VIX Slips Below 30
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-04 07:23:00
Article: The Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) scratched out a minor gain on Thursday after spending most of the session in the red. However, the average managed to finish its second consecutive session above its 10-day moving average - a feat not accomplished since April 26. Meanwhile, the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) edged above the 1,100 level, but the index's 200-day trendline remains perched just overhead in the 1,105 area. Traders remain wary ahead of jobs data later this morning, with the DJIA and the SPX trading a mere 7 points and less than 1 point above fair value, respectively. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) inched 2% lower on Thursday, with the index slipping below support at the round-number 30 level.Krispy Kreme Doughnuts Inc. ([KKD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KKD&selected=KKD)) ) said first-quarter net earnings more than doubled to $4.5 million, or 6 cents a share, from $1.9 million, or 3 cents a share, in the first quarter of 2009. Revenue fell to $92.1 million from $93.4 million a year ago. Same-store sales during the most recent quarter rose 3.4%. Krispy Kreme also said it now expects fiscal 2011 operating income, exclusive of impairment charges and lease termination costs, of $11 million to $15 million, up from its previous forecast for $10 million to $13 million. Quiksilver Inc. ([ZQK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ZQK&selected=ZQK)) ) announced fiscal second-quarter net earnings were $9.4 million, or 6 cents a share, compared with $2.8 million, or 4 cents a share, a year ago. Earnings from continuing operations came in at 11 cents a share. Analysts had expected earnings of 3 cents a share. Revenue fell to $468.3 million from $494.2 million in the year-earlier period. The consensus estimate called for $455 million in sales. Quiksilver forecast third-quarter revenue to be down in the low teens on a percentage basis, compared with the year-ago period. It also expects to generate per-share earnings in the low single-digit cents range. Wall Street currently expects earnings of 5 cents a share on a 4% revenue decline to $483 million. **Earnings Preview** On the earnings front, Blyth Inc. ([BTH](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BTH&selected=BTH)) ) and American Woodmark Corp. ([AMWD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AMWD&selected=AMWD)) ) are scheduled to release their quarterly reports today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar****Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 1,106,467 call contracts traded on Thursday, compared to 663,326 put contracts. The resultant single-session put/call ratio arrived at 0.60, while the 21-day moving average held at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100604ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100604ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100604ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading is a little on the weak side this morning, as five of the 10 markets that we follow are in negative territory. The cumulative average return on the group stands at a loss of 0.12%. In Asia, trading closed mixed, as investors were cautious ahead of the U.S. jobs report. Turning to Europe, stocks climbed in thin volume, extending a week-long recovery rally. Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100604ov4.gif)**Currencies and Commodities** The U.S. dollar is trading slightly lower this morning against strength in the euro. As a result, the U.S. Dollar Index is down 0.03% in pre-market trading. Elsewhere, crude futures are gaining ground ahead of today's jobs report. In electronic trading, the most active contract was up 29 cents at $74.90 per barrel. Finally, gold continue to pull back from resistance in the $1,230 area, slipping $10.40 to $1,199.60 an ounce in London. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100604ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100604ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100604ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 22.4343
Stock Price 2 days before: 22.3198
Stock Price 1 day before: 23.4135
Stock Price at release: 22.3873
Risk-Free Rate at release: 0.0012
| 16.8695 |
Symbol: DAKT
Security: Daktronics, Inc.
Related Stocks/Topics: Markets
Title: New Dividend Stock Added to Database (DAKT)
Type: News
Publication: Dividend.com
Publication Author: Unknown
Date: 2010-06-04 10:48:00
Article: We are adding a new dividend stock to our database of nearly 1600 dividend-paying stocks, as Daktronics ([DAKT](http://www.dividend.com/dividend-stocks/services/marketing-services/dakt-daktronics-inc/)) ) has initiated a dividend payout.Daktronics ([DAKT](http://www.dividend.com/dividend-stocks/services/marketing-services/dakt-daktronics-inc/)) ) - This company engages in the design, manufacture, marketing, and support of electronic display systems, as well as related products, maintenance, and professional services worldwide. Daktronics distributes its products through a combination of direct sales personnel and resellers. The company was founded in 1968 and is based in Brookings, South Dakota. Be sure to visit our complete recommended list of the [Best Dividend Stocks](http://www.dividend.com/dividend-stocks/best-dividend-stocks.php) , as well as a detailed explanation of ** [our ratings system here](http://www.dividend.com/dividend-stock-rating-system.php)** . Created by Dividend.com
Stock Price 4 days before: 8.40829
Stock Price 2 days before: 8.32905
Stock Price 1 day before: 8.43613
Stock Price at release: 8.19743
Risk-Free Rate at release: 0.0012
| 7.64928 |
Symbol: SA
Security: Seabridge Gold Inc.
Related Stocks/Topics: Markets
Title: Hungary Hungover
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-06-05 03:25:00
Article: Good Morning,Anticipation that Friday morning's May jobs report from the US Labour Department would reveal a 'staggering' rate of job creation (the largest in 27 years) briefly brought bullion prices to under the $1200 during the overnight and early morning hours. The metal sank as risk appetite for equities rose and as safe-haven quests abated for the time being, and despite a fresh decline in the euro that depressed it closer to the 1.205 level. Bargain hunters in gold did become visible in the mid $1190s however, and bullion regained some composure.There was some good news in the yellow metal's fall to under the round figure however. Namely, Indian bullion purchases (as mentioned in yesterday's post) picked up a tad, as patient would-be buyers were finally rewarded with numbers that appeared as a long-shot odd earlier in the week. And, thus, buy they did, following several days of lackluster activity in the bazaars. Imports of the yellow metal into the country-still the world's largest consumer of it- dropped to only about 17 tonnes last month; a far cry from 2009's near 29-tonne import figure. Reports indicate that more buyers are lined up under $1190 per ounce -we just do not know if they will have a chance to fill such orders during the coming weekend or not.While New York spot dealings opened with narrowing losses across the precious metals complex, the trade was still focusing on but one item this morning; the pivotal jobs report from the US. Spot gold fell $3.60 per ounce to start at $1204.20 while spot silver declined 14 cents to open at the $17.81 per ounce mark.Gold could still be poised to try to test support around the $1181.00 level at this point, and RSIs have deteriorated in the wake of the latest correction. If however, sufficient numbers of bargain hunters turn out in short order, bullion might well retake and maintain above the round figure, albeit resistance is still manifest at the $1120-$1130 zone.Platinum dropped $18.00 to $1525.00 while palladium lost $10 to reach the $439.00 figure. Rhodium was quoted at $2600.00 and we noted a welcome (for investors) narrowing of the metal's spread to $200.00 at last check. Meanwhile, the US dollar was once again racing upward, by about 0.5 and getting closer to the 87.75 level on the index, while crude oil fell about a half a buck (to $74.10 per barrel).Kudos to the team at Standard Bank ([SA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SA&selected=SA)) ) this morning, for providing a quick and not-so-dirty analysis of conditions in the PGM group metals niche. Without further ado, their take on the sector, as follows: "Platinum and palladium are finding better support after their recent sell-off. We see $1,500 for platinum and $420 for palladium as their fundamental price floor. We estimate that platinum at $1,500, palladium at $420 and rhodium at $2,700 could provide an average PGM basket price of $1,244 for South African platinum mines. Using these parameters, almost 100% of PGM production in South Africa is profitable on a "cash-operating cost" basis, with a ZAR/USD exchange rate of $7.50. Cash-operating cost is the minimum condition to be satisfied for mines to remain in business.We believe that the marginal producer remains important (due to demand-side developments) and, as a result, the PGM basket price cannot cut too deeply into the cost curve for long. Very importantly, ETFs are increasingly removing some of their large amounts of above-ground stock from the market. In this regard, we have seen platinum and palladium ETF holdings at an aggregate level very sticky despite the recent sharp downturn in metal prices (similar to what we've witnessed in gold ETF holdings). The latest figures put platinum ETF holdings at 1.03m oz and palladium ETF holdings at 1.77m oz.It is worth noting that there may be some cross-subsidization between profitable mines and loss-making mines within a mining company. This may see production carry on for longer than would otherwise be the case. But ultimately, loss-making mines would have to close, thereby crimping total PGM supply. It is also worth noting that cash operating cost excludes other costs of sales such as smelting and refining costs. We estimate that with PGM prices at the levels mentioned above, only around 80% of mines are cash positive when smelting and refining costs are included. These costs still exclude any exploration and capital expansion costs.Because the ZAR exchange rate plays such an important role in the cost curve of platinum producers, we set target prices for PGM in ZAR terms. They are for platinum at ZAR 13,500 (currently at ZAR11,800), for palladium at ZAR4,875 (currently at ZAR3,400) and rhodium at ZAR30,000 (currently at ZAR20,000)."The euro once again generated headlines as it dropped to under 1.21 (a fresh, four-year low) at last check. Thus, as it turns out, at least on certain occasions, it does not always follow that a falling euro (and dollar at this point) implies automatic gains in bullion. Not when the general market situation is taking on the asset-liquidation flavor of two years ago... (See the recent cave-in in commodities). At any rate, some of this morning's euro-swoon came on the heels of Hungarian PM Viktor Orban suddenly declaring that his nation's economy is in a "grave situation." Grave, or in the grave, it is not known. Mr. Orban assigned blame for the problem to the previous government (sounds like a replay of the Greek blame-game) which 'manipulated' figures and 'lied' about the country's economic conditions. The PIIGlets turning into default goulash? Let's just say that many of them are claiming a case of severe hangover from the previous regimes' drunken spending sprees. Why, this kind of news could overshadow today's "jobs jamboree" (moniker courtesy of Everbank's Chuck Butler). Easily.Stock index futures also turned lower ahead of payroll numbers as players tried to read under-the-hood conditions and ascertain whether or not census-related employment masked on-going weakness and spotty patterns in the US recovery, or if this is 'the real thing' and the economy is now back to firing on most cylinders on its own, no jumper cables required. Recall that last month's jobs data was largely cast aside as the eurozone value demolition derby was in full-swing.If in fact the employment creation pattern start to show signs of being a consistent one, then the calls for Fed interest rate hikes will only grow louder and more insistent. Already, the Fed's poster man for such exit strategies needing to take place sooner rather than later - Thomas Hoenig- is calling for a full-point rate increase "by the end of the summer." From zero to 1 in 100 days? And from there to 4.5% in an equally speedy manner? Hey, the Aussies have been doing it for some time now. Brave Bruces that they are.Well, Mr. Hoenig appears to be somewhat at odds with his Chicago Fed counterpart. Charles Evans recently stated that the eurozone crisis could 'delay the raising of interest rates.' Avoiding unpleasant rates of inflation while ensuring that economic stability is maintained has always been the challenge for central banks when such pivot points in policy arise.For now, the bets are squarely lined up against Mr. Hoenig's drumbeat. But, as "Bob" pointed out in yesterday's Ten Investment Commandments, when all experts (and speculators to boot) agree on something going strictly "one-way" (their way) well, look out...the other way. And, they....off! The jobs figure came in at 431,000 - lower than expectations. Payrolls (ex-census jobs that totaled 411,000) rose by 20,000 while private sector ones gained 41,000 positions. All is well, but not quite well enough. Columnists pulled out version "B" of their articles on the post-game analysis for jobs.Gold briefly reacted to the upside before sinking again, the US dollar hung on to (most of its morning) gains, and the euro remained in a dazed/confused stupor. Industrial metals headed south as demand apprehensions took over for the day. No stupor among speculators who will take these numbers and run into various directions that suit their book best with them. Get ready for Freaky Friday volatility. Keep an eye on that pot of Hungarian Fishermen's Stew. It does not smell very good.We, on the other hand, are all off to Vancouver, and the BIG June Cambridge House Conference. And what's this? Nadler in a DEBATE (the answer is: yes, when it involves civilized counterparties)? Why, what's this world coming to?!! Why, to the Kitco booth, of course!Jon NadlerSenior Analyst, Kitco Metals Inc.North America US & Canada Toll Free: 1 (877) 839-8036 Websites: www.kitco.com and www.kitco.cnBlog: http://www.kitco.com/ind/index.html#nadler
Stock Price 4 days before: 34.9699
Stock Price 2 days before: 32.6153
Stock Price 1 day before: 31.8373
Stock Price at release: 31.7498
Risk-Free Rate at release: 0.0012
| 28.8506 |
Symbol: HAFC
Security: Hanmi Financial Corporation
Related Stocks/Topics: CPSS|Markets
Title: Penny Stocks – 5 Financials Under 2 Bucks to Buy Now
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-07 02:43:00
Article: Financial stocks are experiencing some volatility right now due to the prospect of new reforms in the industry, and [penny stocks](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-to-buy-now-financial-bank-banking-financials-bac-gs-lts-hafc-gbe-gnv-cpss.html) in this sector are even more aggressive right now. Of course, it's worth noting that this "jumpy" movement in financial penny stocks is only a bad thing if you're caught on the wrong side of the move. A penny stock that jumps 10% upwards in one day is showing some volatility you can be pleased with!Of course, penny stocks in any sector carry bigger risk because of this price movement. And frankly, the financial sector is much more aggressive than other industries in the wake of the financial crisis and more recently the prospect of a financial reform bill and the recent **Goldman Sachs** ([GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS)) ) fraud allegations. But again, this greater risk allows for greater reward if you play your cards right. As a growth guy, I normally steer clear of many financial stocks simply because they don't offer up the fundamentals necessary to pass my exhaustive stock screening system. I demand significant sales and earnings growth, and banks rarely show this type of performance quarter to quarter.Except, this is, banks that trade as [penny stocks](http://www.investorplace.com/experts/nancy_zambell/articles/penny-stocks-to-buy-now-ddi-corp-ddic-lionbridge-liox-ballantyne-strong-btn-power-one-pwer-eresearch-eres.html) . These up-and-comers can see explosive growth since they have a much higher ceiling, as opposed to a Goldman Sachs or a **Bank of America** ([BAC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BAC&selected=BAC)) ) that can't significantly increase its reach since operations are already so massive.Last week, I offered up a list of [12 bank stocks to buy and 12 financial investments to sell](http://www.investorplace.com/experts/louis_navellier/articles/financial-stocks-investment-to-buy-BBVA-BXS-CFFN-CS-FII-ING-KCG-NDAQ-NTRS-NYX-PBCT-SCHW-NLY-ACGL-BMA-CIB-CSH-CNA-BCA-ERIE-FCNCA-ISBC-KFN-SBNY.html) . I want to follow up this week with you and offer 5 additional penny stocks in the financial sector that are investments worth your money right now. I don't use the term penny stocks literally of course, just for any stock that's cheap - in this case, less than $2.Let's take a look as some of my favorite penny stocks in the financial sector:Penny Stock to Buy - Ladenburg Thalmann ([LTS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LTS&selected=LTS)) ) **Sub-Sector:** Capital Markets **Market Cap:** $240 million **52-week range:** $0.45 - $1.65 **Portfolio Grader Stock Grade:** B - Buy **Ladenburg Thalmann Financial Services Inc.** ([LTS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LTS&selected=LTS)) ) provides investment banking and research services in the U.S. Though the company has not turned a profit in a few quarters, it keeps narrowing its loss and is showing good momentum. The stock also has seen significant buying pressure, hitting a new 52-week high at the end of April before the market's antics in May pushed shares of this penny stock down a bit.Penny Stock to Buy - Hanmi Financial ([HAFC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAFC&selected=HAFC)) ) **Sub-Sector:** Commercial Banks **Market Cap:** $90 million **52-week range:** $1.02 - $4.26 **Portfolio Grader Stock Grade:** B - Buy** Hanmi Financial Corp.** ([HAFC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HAFC&selected=HAFC)) ) provides general business banking products and services in the United States, primarily in Southern California. Like Ladenburg, HAFC stock has seen a few quarters in the red but is improving its fundamentals. This penny stock is trading at the low-end of its 52-week range and could be near a big turnaround.Penny Stock to Buy - Grubb & Ellis ([GBE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GBE&selected=GBE)) ) **Sub-Sector:** Real Estate Management **Market Cap:** $88 million **52-week range:** $0.55 - $2.35 **Portfolio Grader Stock Grade:** B - Buy** Grubb & Ellis Co.** ([GBE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GBE&selected=GBE)) ) is a commercial real estate services and investment management company. As with the other penny stocks, GBE has seen its quarterly losses narrow recently - in fact, it cut its EPS loss in half from -88 cents two quarters ago -41 cents in its most recent quarterly report. This stock has been improving in anticipation of a recovery and was up 40% year-to-date before the May swoon took most of those gains back. Penny Stock to Buy - GSC Investment (GNV) **Sub-Sector:** Capital Markets **Market Cap:** $29 million **52-week range:** $1.35 - $3.80 **Portfolio Grader Stock Grade:** B - Buy** GSC Investment Corp.** ([GNV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GNV&selected=GNV)) ) is a public investment firm specializing in buyouts, acquisitions and recapitalization plans. After a rough two years across many sectors of the economy, there are some great buyout opportunities out there that have been made very affordable. GNV is pouncing on those, and could be on the cusp of some breakout growth.Penny Stock to Buy - Consumer Portfolio Services ([CPSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CPSS&selected=CPSS)) ) **Sub-Sector:** Consumer Finance **Market Cap:** $26 million **52-week range:** $0.46-$2.27 **Portfolio Grader Stock Grade:** B - Buy** Consumer Portfolio Services Inc.** ([CPSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CPSS&selected=CPSS)) ) is a specialty finance company that engages in purchasing and serving retail automobile contracts originated by franchised automobile dealers. As auto sales have picked up, so has the business done by CPSS. This penny stock is turning around fast and is up 29% year-to-date.These [penny stocks](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-to-buy-now-financial-bank-banking-financials-bac-gs-lts-hafc-gbe-gnv-cpss.html) all have great potential this week according to my latest stock analysis. But remember that these aggressive picks can change in a hurry, so make sure you have the most current research before making any trades. Also remember that penny stocks by nature are volatile and can gap up dramatically on low volume. Always use a limit order when buying these thinly-traded stocks. As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios.About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108).
Stock Price 4 days before: 2.03282
Stock Price 2 days before: 1.76825
Stock Price 1 day before: 1.74917
Stock Price at release: 1.74411
Risk-Free Rate at release: 0.001
| 1.35286 |
Symbol: NBR
Security: Nabors Industries Ltd.
Related Stocks/Topics: CHK|Markets|RRC
Title: Bad News in the Gulf Spells Higher Profits for These Stocks
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-07 04:06:00
Article: As the Obama administration gets set to spell out the restrictions placed on offshore drilling, one thing is clear: The domestic supply of oil and natural gas is bound to be cut -- at least in the near-term. This should have little impact on oil prices, as the commodity is global in nature, and the Gulf contributes only a tiny fraction of the world's output.Natural gas -- that's a different story. It's not a fungible commodity. Natural gas costs more to transport from distant lands and the Gulf accounts for about 12% of all domestic gas production. That means the market for natural gas, which has recently had greater supply than demand, could come into balance. If that happens, the folks digging for gas on dry land would finally have a reason to cheer. Land-based drillers were euphoric a few years ago when they discovered that the United States was sitting on massive pockets of underground gas that could now be tapped thanks to new technology. The euphoria was short-lived as it quickly became apparent there was perhaps too much gas yet to be tapped. Prices fell off a cliff, and have remained at multi-year lows ever since.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) -- David Sterman Staff Writer StreetAuthorityShare prices of most land-based drillers now sit well off of their highs from a few years ago. But all that's about to change.Since last Wednesday, natural gas prices have risen from $4.25 per MCF (thousand cubic feet of gas) to $4.86. Once prices breach the $5 mark, analysts expect prices to move toward the $6 level as demand for natural gas is set to rise when power plants crank out more juice to satisfy air-conditioning needs. At that price, we'll start to see sharp upward revisions to profit forecasts for many firms in this sector. **Three Ways to Play** The potential earnings power of **Chesapeake Energy ([CHK](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CHK&selected=CHK)) )** highlights the extreme impact that natural gas prices can have. Analysts at Morningstar believe if natural gas prices were stuck around $5 per MCF, then its stock is worth just $7, well below the current price. But if prices rose up to $15 per MCF (they hit almost $14 two summers ago), then shares would be worth a whopping $80. More than likely, natural gas prices will fall between those two poles. **Action to Take -->** For Chesapeake, which carries a lot of debt and has had to bring in myriad partners to help fund all of its operations, this level of volatility is especially pronounced. If you are bullish on natural gas prices and believe that an eventual economic rebound will push energy prices sharply higher, then Chesapeake likely has the greatest price appreciation potential of any of the natural gas exploration firms. **Less Risk but Still Has Rewards** If you don't want to swing for the fences with a stock like Chesapeake Energy, you may want to check out **Range Resources ([RRC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=RRC&selected=RRC)) )** , which owns prime real estate in a newly-developed region in Appalachia known as the Marcellus Shale. Range Resources is tapping this shale with more than 100 wells, and output is expected to climb steadily in coming quarters.The key is tying that output to expected natural gas prices. Roughly speaking, every $1 move in natural gas would impact Range's value by around $10 a share. Assuming natural gas prices rise to $6 per MCF during the next year (as futures contracts indicate), Range's gas fields are likely worth about $65 a share. If gas fell back to around $4, then shares are likely worth about $45, roughly -10% below current levels. But in the event that natural gas prices rise to $9 -- halfway between the low and high prices seen in the last two years -- shares would be worth about $95 a share, nearly double the current price. **Action to Take -->** It would take robust global economic growth to push energy prices back up by a healthy margin , and few are expecting that in the next 12 to 18 months. But with share prices reflecting the worst case scenario on natural gas, the reward here looks quite good for the risk investors are being asked to assume. **Nabors Provides the Tools** If natural gas prices only moderately rise, it might limit the upside of these gas producers, but should be sufficient to push the number of working gas rigs ever higher. The natural gas rig count bottomed out less than a year ago, and is now rising virtually every week. Trouble is, the industry built too many rigs when business was booming and many are sitting idle. This is pushing down the lease rates that major vendors can procure. The good news is rig suppliers aren't building new ones, and as more rigs get put back into service, lease rates are rising. This should help boost results for **Nabors Industries ([NBR](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NBR&selected=NBR)) )** , the industry's largest player.Shares have recently held appeal for value investors, as the company's $18 a share book value provided value for bottom-fishers. Now, growth investors are rotating into the shareholder base. Sales should be roughly flat this year, but could rise about +15% next year, thanks to a combination of rising lease rates and more rigs in service. This should propel earnings growth of more than +50% in 2011 to about $1.65. **Action to Take -->** As a point of reference, Nabors earned about $3 a share in both 2006 and 2007. Assuming this drilling cycle is not as robust as the last, figure per share profits rise to about $2.50 by 2013. If shares trade at roughly 12 times that figure, they'd rise to about $30 -- or more than +50% above current levels.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 20.0351
Stock Price 2 days before: 20.2482
Stock Price 1 day before: 19.5943
Stock Price at release: 19.5463
Risk-Free Rate at release: 0.001
| 17.7048 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: E|Markets|SCHW|NTRS|NOK|BBVA|PBR|NUE|EXC|ING|RIG
Title: 20 Blue Chip Stocks to Sell Now
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-07 05:17:00
Article: In the [current stock market](https://www.nasdaq.com/market-activity) investors know that volatility can creep up on them in a hurry and their money can disappear overnight in shaky investments while they're not looking. It's important to remember that buying the best stocks is only part of the battle -- and avoiding poor investments is just as important to your retirement funds as seeking out that big profit maker. That true for all investment strategies, from the most conservative to the most aggressive.To help you get out of the worst stocks, I've compiled a list of the 20 worst blue chips on Wall Street right now. Each one of these companies has a market cap of more than $10 billion and is widely held, but my fundamental and quantitative analysis proves that these stocks are on the decline. Fundamentals are key to a good investing strategy because they tell you in black and white if a stock is growing its sales and earnings or if it is succeeding simply by cutting costs -- or worse, watching its revenues slowly slide backwards. Quantitative measures -- or "quant" -- are just as important, since this data indicates buying pressure. After all, the stock market sets price based on supply and demand. If there is no demand and there are no buyers for a given equity, your money is better off elsewhere. When nobody is buying, it's a sure sign that you should be selling.Here's my list of the 20 worst blue chip stocks to sell right now, accompanied by my grade for each company's fundamental statistics and quant ranking:You'll notice that a number of the picks on this list are foreign stocks and ADRs. There's no doubt that the chaos in Europe right now is weighing on the global markets. But as I pointed out in a recent article about [euro zone stocks to buy at the bottom](http://www.investorplace.com/experts/louis_navellier/articles/euro-zone-stocks-europe-export-currency-aixtron-aixg-natuzzi-ntz-philips-phg.html) , there are still opportunities for investors who want to get into good European equities at a good price. Keep in mind that there is always opportunity even in a bleakest markets. But as you can see, there's no doubt that a number of European stocks are in trouble right now. That's why companies like **Telecom Italia** ([TI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TI&selected=TI)) ), France energy stock **Total** ([TOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TOT&selected=TOT)) ) and Netherlands based **ING Groep** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) are on my list of blue chip stocks to sell.Also worth noting is that uncertainty over the financial reform bill in Congress appears to be holding back the financial sector. From **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ) to **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ) to **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ), financial blue chips stand out on this list of stocks to sell.Remember that these fundamental and quantitative rankings are good indicators of stocks to sell and stocks to buy, but they change quickly. Always make sure you're getting the most up-to-date information on your investments before selling any stock -- but note that as of this week, these are 20 blue chips you should definitely avoid. As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios.About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108). ******Related Articles:** - [Apple and Google Phone Wars Heat Up (AAPL, GOOG, S, CLWR, T, VZ, DT)](http://www.investorplace.com/experts/paul_ausick/articles/apple-iphone-aapl-stock-goog-google-android-droid-smartphone-sprint-s-clearwire-clwr-verizon-vz-dt-t.html) - [Apple iPad Sales Projection: 13 Million by 2012 (AAPL, AMZN, BKS, SNE, HPQ, SMSN)](http://www.investorplace.com/experts/anthony_agnello/apple-ipad-sales-aapl-stock-amazon-amzn-barnes-noble-bks-nook-sony-sne-hpq-smsn.html) - [Investing Strategy for June - Global Positives and Negatives](http://www.investorplace.com/experts/jon_markman/articles/investment-strategy-stock-market-economic-news.html)
Stock Price 4 days before: 18.4829
Stock Price 2 days before: 17.8341
Stock Price 1 day before: 17.8824
Stock Price at release: 17.8904
Risk-Free Rate at release: 0.001
| 16.1546 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: NTRS|Markets
Title: 20 Blue Chip Stocks to Sell Now
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-07 10:37:00
Article: In the [current stock market](https://www.nasdaq.com/market-activity) investors know that volatility can creep up on them in a hurry and their money can disappear overnight in shaky investments while they're not looking. It's important to remember that buying the best stocks is only part of the battle - and avoiding poor investments is just as important to your retirement funds as seeking out that big profit maker. That true for all investment strategies, from the most conservative to the most aggressive.To help you get out of the worst stocks, I've compiled a list of the 20 worst blue chips on Wall Street right now. Each one of these companies has a market cap of more than $10 billion and is widely held, but my fundamental and quantitative analysis proves that these stocks are on the decline. Fundamentals are key to a good investing strategy because they tell you in black and white if a stock is growing its sales and earnings or if it is succeeding simply by cutting costs - or worse, watching its revenues slowly slide backwards. Quantitative measures - or "quant" - are just as important, since this data indicates buying pressure. After all, the stock market sets price based on supply and demand. If there is no demand and there are no buyers for a given equity, your money is better off elsewhere. When nobody is buying, it's a sure sign that you should be selling.Here's my list of the 20 worst blue chip stocks to sell right now, accompanied by my grade for each company's fundamental statistics and quant ranking:Symbol Company Name Industry Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) Quant Grade Fund. Grade Total Grade BBVA Banco Bilbao Vizcaya Argentaria Commercial Banks $33.6 F C F SCHW Charles Schwab Corp. Capital Markets $19.5 F D F CHU China Unicom Telecommunications $27.3 F C F CS Credit Suisse Group Capital Markets $42.2 F C F E ENI S.p.A. Oil Gas & Fuels $64.3 F C F EXC Exelon Corp. Electric Utilities $24.9 F C F FTE France Telecom Telecommunications $48.9 F C F GENZ Genzyme Corp. Biotechnology $12.7 F D F ING ING Groep Financial Services $28.1 F C F MTU Mitsubishi UFJ Financial Group Commercial Banks $66.4 F C F MON Monsanto Co. Chemicals $26.7 F D F NOK Nokia Corp. Communications Equipment $35.5 F C F NTRS Northern Trust Corp. Capital Markets $11.9 F C F NUE Nucor Corp. Metals & Mining $12.9 F C F PBR Petrobras Petroleo Brasileiro Oil Gas & Consumable Fuels $158.2 F D F PTR PetroChina Co. Ltd. Oil Gas & Fuels $194.6 F C F REP Repsol YPF Oil Gas & Fuels $23.3 F C F TI Telecom Italia Telecommunications $21.3 F C F TOT Total S.A. Oil Gas & Fuels $101.1 F C F RIG Transocean Ltd. Energy Equipment $16.1 F C FYou'll notice that a number of the picks on this list are foreign stocks and ADRs. There's no doubt that the chaos in Europe right now is weighing on the global markets. But as I pointed out in a recent article about [euro zone stocks to buy at the bottom](http://www.investorplace.com/experts/louis_navellier/articles/euro-zone-stocks-europe-export-currency-aixtron-aixg-natuzzi-ntz-philips-phg.html) , there are still opportunities for investors who want to get into good European equities at a good price. Keep in mind that there is always opportunity even in a bleakest markets. But as you can see, there's no doubt that a number of European stocks are in trouble right now. That's why companies like **Telecom Italia** ([TI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TI&selected=TI)) ), France energy stock **Total** ([TOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TOT&selected=TOT)) ) and Netherlands based **ING Groep** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) are on my list of blue chip stocks to sell.Also worth noting is that uncertainty over the financial reform bill in Congress appears to be holding back the financial sector. From **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ) to **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ) to **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ), financial blue chips stand out on this list of stocks to sell. Remember that these fundamental and quantitative rankings are good indicators of stocks to sell and stocks to buy, but they change quickly. Always make sure you're getting the most up-to-date information on your investments before selling any stock - but note that as of this week, these are 20 blue chips you should definitely avoid.As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios.About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108).
Stock Price 4 days before: 18.6947
Stock Price 2 days before: 17.8341
Stock Price 1 day before: 17.8824
Stock Price at release: 17.7836
Risk-Free Rate at release: 0.001
| 16.1795 |
Symbol: B
Security: Barnes Group Inc.
Related Stocks/Topics: NTRS|Markets
Title: 20 Blue Chip Stocks to Sell Now
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-07 10:37:00
Article: In the [current stock market](https://www.nasdaq.com/market-activity) investors know that volatility can creep up on them in a hurry and their money can disappear overnight in shaky investments while they're not looking. It's important to remember that buying the best stocks is only part of the battle - and avoiding poor investments is just as important to your retirement funds as seeking out that big profit maker. That true for all investment strategies, from the most conservative to the most aggressive.To help you get out of the worst stocks, I've compiled a list of the 20 worst blue chips on Wall Street right now. Each one of these companies has a market cap of more than $10 billion and is widely held, but my fundamental and quantitative analysis proves that these stocks are on the decline. Fundamentals are key to a good investing strategy because they tell you in black and white if a stock is growing its sales and earnings or if it is succeeding simply by cutting costs - or worse, watching its revenues slowly slide backwards. Quantitative measures - or "quant" - are just as important, since this data indicates buying pressure. After all, the stock market sets price based on supply and demand. If there is no demand and there are no buyers for a given equity, your money is better off elsewhere. When nobody is buying, it's a sure sign that you should be selling.Here's my list of the 20 worst blue chip stocks to sell right now, accompanied by my grade for each company's fundamental statistics and quant ranking:Symbol Company Name Industry Market Cap ([B](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=B&selected=B)) ) Quant Grade Fund. Grade Total Grade BBVA Banco Bilbao Vizcaya Argentaria Commercial Banks $33.6 F C F SCHW Charles Schwab Corp. Capital Markets $19.5 F D F CHU China Unicom Telecommunications $27.3 F C F CS Credit Suisse Group Capital Markets $42.2 F C F E ENI S.p.A. Oil Gas & Fuels $64.3 F C F EXC Exelon Corp. Electric Utilities $24.9 F C F FTE France Telecom Telecommunications $48.9 F C F GENZ Genzyme Corp. Biotechnology $12.7 F D F ING ING Groep Financial Services $28.1 F C F MTU Mitsubishi UFJ Financial Group Commercial Banks $66.4 F C F MON Monsanto Co. Chemicals $26.7 F D F NOK Nokia Corp. Communications Equipment $35.5 F C F NTRS Northern Trust Corp. Capital Markets $11.9 F C F NUE Nucor Corp. Metals & Mining $12.9 F C F PBR Petrobras Petroleo Brasileiro Oil Gas & Consumable Fuels $158.2 F D F PTR PetroChina Co. Ltd. Oil Gas & Fuels $194.6 F C F REP Repsol YPF Oil Gas & Fuels $23.3 F C F TI Telecom Italia Telecommunications $21.3 F C F TOT Total S.A. Oil Gas & Fuels $101.1 F C F RIG Transocean Ltd. Energy Equipment $16.1 F C FYou'll notice that a number of the picks on this list are foreign stocks and ADRs. There's no doubt that the chaos in Europe right now is weighing on the global markets. But as I pointed out in a recent article about [euro zone stocks to buy at the bottom](http://www.investorplace.com/experts/louis_navellier/articles/euro-zone-stocks-europe-export-currency-aixtron-aixg-natuzzi-ntz-philips-phg.html) , there are still opportunities for investors who want to get into good European equities at a good price. Keep in mind that there is always opportunity even in a bleakest markets. But as you can see, there's no doubt that a number of European stocks are in trouble right now. That's why companies like **Telecom Italia** ([TI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TI&selected=TI)) ), France energy stock **Total** ([TOT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TOT&selected=TOT)) ) and Netherlands based **ING Groep** ([ING](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=ING&selected=ING)) ) are on my list of blue chip stocks to sell.Also worth noting is that uncertainty over the financial reform bill in Congress appears to be holding back the financial sector. From **Credit Suisse** ([CS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CS&selected=CS)) ) to **Northern Trust** ([NTRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NTRS&selected=NTRS)) ) to **Charles Schwab** ([SCHW](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCHW&selected=SCHW)) ), financial blue chips stand out on this list of stocks to sell. Remember that these fundamental and quantitative rankings are good indicators of stocks to sell and stocks to buy, but they change quickly. Always make sure you're getting the most up-to-date information on your investments before selling any stock - but note that as of this week, these are 20 blue chips you should definitely avoid.As of this writing, Louis Navellier did not own any of the stocks mentioned here in personal or client portfolios.About Portfolio Grader: Every Sunday, renowned growth stock expert Louis Navellier runs a fundamental analysis on the top 5,000 Wall Street companies. Armed with this research, Navellier offers a rating for each company reflected as a simple letter grade, with A being "strong buy" and F being "strong sell." [Portfolio Grader's stock data is free and open to the public and can be accessed online here](http://www.investorplace.com/order/?sid=CK3108).
Stock Price 4 days before: 18.6947
Stock Price 2 days before: 17.8341
Stock Price 1 day before: 17.8824
Stock Price at release: 17.7836
Risk-Free Rate at release: 0.001
| 16.1795 |
Symbol: GCI
Security: Gannett Co., Inc.
Related Stocks/Topics: CBOE|Markets|DG|SPX|PLL
Title: Opening View: DJIA Futures Modestly Higher; Indexes Search for Support
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-08 07:11:00
Article: Stocks wavered throughout trading in Monday, but finally settled on a loss as traders took their cues from the currency markets, where the euro continued to backpedal against the dollar. The Dow Jones Industrial Average backpedaled away from the psychologically significant 10,000 level as it shed more than 100 points. The Dow is now testing support in the 9,800 neighborhood, which contained its lows in early February. Meanwhile, the S&P 500 Index endured a drop of 1.4%. Right before the closing bell rang, the SPX found a foothold at the 1,050 level, which provided a floor for the index earlier this year. Fitch Ratings rattled traders in Europe after it said Great Britain's fiscal challenge is "formidable," and that the U.K. must tackle debt reduction in a serious way. Britain's new prime minister, David Cameron, on Monday warned that the nation must make severe spending cuts. "We have been living beyond our means," Cameron said in a major speech. Meanwhile, traders in the U.S. are looking forward to Wednesday's release of the Fed's Beige Book, a snapshot of the economy. Those traders remain cautious this morning after two days of sharp losses, although both the DJIA and the SPX are trading slightly above fair value. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) managed only a modest increase of 3% on Monday.New York & Co. ([NWY](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NWY&selected=NWY)) ) lowered its second-quarter outlook, noting its losses are likely to widen from the forecast provided on May 20 based on same-store sales over the past three weeks. The specialty apparel chain did not provide specific figures, but had said in May that it "expects a loss per diluted share from continuing operations for the second quarter of fiscal year 2010 to be greater than the year-ago period." New York & Co. reported a loss of 8 cents a share in the second quarter last year. Gannett Co. ([GCI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GCI&selected=GCI)) ) said it is "comfortable" with second-quarter earnings at the higher end of analysts' estimates of 47 to 58 cents a share. On average, analysts were expecting a profit for the period ended June 30 of 52 cents a share. In a statement, Gannett Chief Financial Officer Gracia Martore said the company sees "improving revenue trends" across all of its businesses. "In publishing, we continue to see improving trends and the percentage decrease in revenues is anticipated to be in the low-to-mid single digits," Martore said. The stock closed at $14.29 on Monday, with a gain of 56 cents. **Earnings Preview** On the earnings front, Bob Evans Farms Inc. ([BOBE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BOBE&selected=BOBE)) ), Navistar International Corp. ([NAV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NAV&selected=NAV)) ), Dollar General Corp. ([DG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DG&selected=DG)) ), Pall Corp. ([PLL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PLL&selected=PLL)) ), and The Talbots Inc. ([TLB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TLB&selected=TLB)) ) are scheduled to release their quarterly reports today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar****Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 1,184,024 call contracts traded on Monday, compared to 724,006 put contracts. The resultant single-session put/call ratio arrived at 0.61, while the 21-day moving average came in at 0.66. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100608ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100608ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher.** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100608ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading is a little on the weak side this morning, as only four of the 10 markets that we follow are in positive territory. The cumulative average return on the group stands at a loss of 0.53%. In Asia, most markets closed in the black. Traders are waiting on Chinese economic data and a European Central Bank meeting later in the week. European shares fell, extending a decline to a third day, on intensified worries about debt levels in Europe and with German utilities weaker as they face a tax hike. Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100608ov4.gif)**Currencies and Commodities** The U.S. dollar is trading slightly higher this morning against strength in the euro, with the U.S. Dollar Index up 0.02% in pre-market trading. Elsewhere, crude futures remain weak on concerns of over a weak economy and slackening demand in the U.S. In electronic trading, the most active contract was down 14 cents at $71.30 per barrel. Finally, gold has bounced back this morning, added $9.50 to sit at $1,250.30 an ounce in London. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100608ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100608ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100608ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 14.3794
Stock Price 2 days before: 13.8942
Stock Price 1 day before: 13.8909
Stock Price at release: 14.1124
Risk-Free Rate at release: 0.001
| 14.3278 |
Symbol: SA
Security: Seabridge Gold Inc.
Related Stocks/Topics: Markets|DRRX
Title: Tuesday Winners: Durect, A123 Systems and Gammon Gold
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-08 12:03:00
Article: Among the biggest winners in Tuesday's early trading are **Durect (Nasdaq: DRRX)** , **A123 Systems (Nasdaq: AONE)** and **Gammon Gold ([GRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GRS&selected=GRS)) )** . **Navistar Rescues a sinking A123 Systems** Shares of advanced battery maker **A123 Systems (Nasdaq: AONE)** hit a new all-time low on Monday as investors dump any stocks that are unlikely to be profitable in the near-term. Yet after the closing bell on Monday, **Navistar ([NAV](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NAV&selected=NAV)) )** threw AONE's investors a bone by announcing an expansion in the two firms' relationship. Navistar has developed a fully-electric truck that is suitable for package delivery firms and courier services, and will use AONE's batteries. Heavy vehicles are especially suitable for electric vehicles, as electric motors have a great deal of torque and do not strain under extreme load conditions. The announcement pushed shares up +3% in Tuesday's trading. **Action to Take -->** We wrote about AONE's recent travails about three weeks ago, noting that investors had lost patience with the company's growing pains. Shares have fallen further since then, likely to a point where aggressive tech investors find them too cheap to ignore. Revenues are expected to start sharply rising in the September quarter, and if the company can post more announcements like this Navistar deal, investors will have increased confidence that expectations of 100+% revenue growth in 2011 can be achieved.-------------------------------------**Durect Finds a Big Partner** At the close of Monday trading, shares of **Durect (Nasdaq: DRRX)** were valued at around $210 million. But after the bell, Durect signed a deal that could net it up to $212 million in cash, equaling that market value . **Hospira ([HSP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=HSP&selected=HSP)) )** has agreed to pay Durect $27 million to co-market Durect's long-lasting localized anesthetic now, and the remaining funds will be released if the two firms can meet clinical milestones. Moreover, Durect will receive royalty payments on all sales if and when the drug is approved by the U.S. Food and Drug Administration ([FDA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FDA&selected=FDA)) ). Curiously, the +8% gain in shares Tuesday is a mere fraction of the value of the deal. **Action to Take -->** It's only a matter of time before investors do the math here. Even assuming some sort of deal was baked into the stock price, few could have expected a deal of such magnitude. Look for further gains in the sessions ahead as biotech-focused investors warm to this story.-------------------------------------**Mining Stocks Shining Brighter** A whole host of mining stocks are trading up sharply on Tuesday: **Entree Gold ([EGI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EGI&selected=EGI)) )** , **Gammon Gold ([GRS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GRS&selected=GRS)) )** , **Seabridge Gold ([SA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SA&selected=SA)) )** , **MineFinders ([MFN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MFN&selected=MFN)) )** and **Jaguar Mining ([JAG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JAG&selected=JAG)) )** are up around +5% or more. Another half-dozen mining stock are up +3% to +4% in Tuesday trading. The gains come as gold pushes higher to a record $1,246 an ounce (although on an inflation-adjusted basis, it's well off its all-time high of around $2,000). We took a deep look at gold in this article late last month. **Action to Take -->** Gold is partially benefitting from the troubles in Europe, and as the continent settles down, the gold trade may reverse. For gold investors that fear runaway inflation and see the precious metal as a hedge , know that inflation numbers are likely to stay quiescent for the foreseeable future as the global economy only slowly emerges from its funk.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: David Sterman does not own shares of any security mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 32.0659
Stock Price 2 days before: 31.5841
Stock Price 1 day before: 33.0606
Stock Price at release: 32.8279
Risk-Free Rate at release: 0.001
| 27.7868 |
Symbol: EU
Security: enCore Energy Corp.
Related Stocks/Topics: Unknown
Title: Three Simple Indicators Say Gold Ripe For Short Term Correction
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-06-09 05:18:00
Article: [Cliff Wachtel, AvaFX, Chief Analyst](http://uk.ibtimes.com/data/bigimages/2666.jpg)[](http://www.avafx.com/)**Cliff Wachtel, AvaFX, Chief Analyst** As I argued recently in [The Must Know Truth About Gold](http://fxmarketanalysis.wordpress.com/2010/05/23/the-must-know-truth-about-gold/) , gold will be a long term by as long as there is concern about the value of either of the most widely held currencies, the USD or EUR. All relevant government officials appear to be most cooperative for gold bulls, and have been willing to debase their currencies over the long term. Still, nothing goes straight up forever, and there are 3 distinct technical signs that suggest a near term correction in the $1220 - 1190 range could be coming.First, note 3 simple observations from the gold daily chart below. [image0016.jpg](http://img.ibtimes.com/www/data/articles/full/2010/06/09/14057_image0016-jpg.jpg) Gold Daily Chart Courtesy of AVAFX 28jun091. Beware the Bollinger Band ([BB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BB&selected=BB)) ) Bouncea) Most of the time, particularly since the start of 2010 (which has coincided fairly neatly with the blossoming of the European sovereign debt crisis from a potential problem into the primary threat to global markets), once gold pulls back off the top of its upper BB for 2 daily candles, it tends to test recent support.b) Most of the time this test takes it to at least its 50 day moving average. c) This has been especially true when the bounce occurs off of all time highs as seen in early 12/2009 and mid- 5/2010.Beyond the above chart, consider the following.2. The Gold/Oil Ratio Is OverextendedHistorically, the ratio of unit gold to oil prices has been between 12:1 to 15:1. It is currently over 17:1. Granted, that could simply suggest the fear about the Euro (helps gold a lot) in the context of a bear market (hurts oil). Then again, historical ratios take these 'exceptions' into account and are a useful guide.3. Gold Is Again Near Historical HighsThat alone suggests a tendency to test support, at least in the short term.The Wildcard: Further Surprises To Inspire Fear About A Major CurrencyAs noted in [The Must Know Truth About Gold](http://fxmarketanalysis.wordpress.com/2010/05/23/the-must-know-truth-about-gold/) , gold is neither a risk or safe-haven asset. It is a currency hedge. In good times it can rise on inflation fears, in bad times it can rise on fears of economic collapse or fears about damage to a specific currency. The more widely held that currency, the larger the pool of nervous investors, and the better for gold. There are plenty of potential sources for additional fear about currencies. The primary two are: 1. The European sovereign debt crisis - naturally: As noted yesterday in [EU Debt Crisis For Dummies - May/June Update](http://fxmarketanalysis.wordpress.com/2010/06/08/eu-debt-crisis-for-dummies-%E2%80%93-mayjune-update/) , there is plenty of potential for deterioration in Europe, both from the current players and other troubled economies that have as yet not hit crisis conditions.2. The US Housing Crisis Part II: To be detailed in a separate article coming shortly, this is the biggest single threat to the US recovery because it threatens to further weaken both the US banking system and job market, (and thus spending too). Together these make up most of the primary manifestations of the US debt problem. This, by the way, is perhaps the EUR's best hope for a quick reversal because it would refocus currency markets back on USD fundamental weaknesses, as was the case for most of 2009.We like gold long term, but suspect it is overdone for the near term and better played as a short.Disclosure: No Positions
Stock Price 4 days before: 18.9946
Stock Price 2 days before: 19.2525
Stock Price 1 day before: 19.253
Stock Price at release: 19.4289
Risk-Free Rate at release: 0.0008
| 20.4653 |
Symbol: BB
Security: BlackBerry Limited
Related Stocks/Topics: Markets|US|A|EU|USD
Title: Three Simple Indicators Say Gold Ripe For Short Term Correction
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-06-09 05:18:00
Article: [Cliff Wachtel, AvaFX, Chief Analyst](http://uk.ibtimes.com/data/bigimages/2666.jpg)[](http://www.avafx.com/)**Cliff Wachtel, AvaFX, Chief Analyst** As I argued recently in [The Must Know Truth About Gold](http://fxmarketanalysis.wordpress.com/2010/05/23/the-must-know-truth-about-gold/) , gold will be a long term by as long as there is concern about the value of either of the most widely held currencies, the USD or EUR. All relevant government officials appear to be most cooperative for gold bulls, and have been willing to debase their currencies over the long term. Still, nothing goes straight up forever, and there are 3 distinct technical signs that suggest a near term correction in the $1220 - 1190 range could be coming.First, note 3 simple observations from the gold daily chart below. [image0016.jpg](http://img.ibtimes.com/www/data/articles/full/2010/06/09/14057_image0016-jpg.jpg) Gold Daily Chart Courtesy of AVAFX 28jun091. Beware the Bollinger Band ([BB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BB&selected=BB)) ) Bouncea) Most of the time, particularly since the start of 2010 (which has coincided fairly neatly with the blossoming of the European sovereign debt crisis from a potential problem into the primary threat to global markets), once gold pulls back off the top of its upper BB for 2 daily candles, it tends to test recent support.b) Most of the time this test takes it to at least its 50 day moving average. c) This has been especially true when the bounce occurs off of all time highs as seen in early 12/2009 and mid- 5/2010.Beyond the above chart, consider the following.2. The Gold/Oil Ratio Is OverextendedHistorically, the ratio of unit gold to oil prices has been between 12:1 to 15:1. It is currently over 17:1. Granted, that could simply suggest the fear about the Euro (helps gold a lot) in the context of a bear market (hurts oil). Then again, historical ratios take these 'exceptions' into account and are a useful guide.3. Gold Is Again Near Historical HighsThat alone suggests a tendency to test support, at least in the short term.The Wildcard: Further Surprises To Inspire Fear About A Major CurrencyAs noted in [The Must Know Truth About Gold](http://fxmarketanalysis.wordpress.com/2010/05/23/the-must-know-truth-about-gold/) , gold is neither a risk or safe-haven asset. It is a currency hedge. In good times it can rise on inflation fears, in bad times it can rise on fears of economic collapse or fears about damage to a specific currency. The more widely held that currency, the larger the pool of nervous investors, and the better for gold. There are plenty of potential sources for additional fear about currencies. The primary two are: 1. The European sovereign debt crisis - naturally: As noted yesterday in [EU Debt Crisis For Dummies - May/June Update](http://fxmarketanalysis.wordpress.com/2010/06/08/eu-debt-crisis-for-dummies-%E2%80%93-mayjune-update/) , there is plenty of potential for deterioration in Europe, both from the current players and other troubled economies that have as yet not hit crisis conditions.2. The US Housing Crisis Part II: To be detailed in a separate article coming shortly, this is the biggest single threat to the US recovery because it threatens to further weaken both the US banking system and job market, (and thus spending too). Together these make up most of the primary manifestations of the US debt problem. This, by the way, is perhaps the EUR's best hope for a quick reversal because it would refocus currency markets back on USD fundamental weaknesses, as was the case for most of 2009.We like gold long term, but suspect it is overdone for the near term and better played as a short.Disclosure: No Positions
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0008
| 0 |
Symbol: AOSL
Security: Alpha and Omega Semiconductor Limited
Related Stocks/Topics: Markets|GS|C|STNG|MUSA|CDXS|CCM|EXPR|ALIM|JKS|QNST
Title: These 'Broken' IPOs May be Worth another Look
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-09 05:55:00
Article: When the stock market is on the upswing, private companies get in line to sell their shares and become members of the new crop of initial public offerings (IPOs). Bankers like to know that investors are in a buying mood when taking these companies public. But as often happens, the market can shift direction and these newly-public companies are set adrift in a sea of selling. Many become "broken IPOs," which we define as any stock selling more than -15% below its IPO price. As the accompanying chart shows, some of these stocks are off -25% or even -45% since going public in the past six months.Prior to going public, these companies were heavily scrutinized by potential investors, and the price at which they went public represented a balance between all of the investment pros and cons. Not all that much has changed in their fortunes, except for investors' moods. Some of these companies still hold a great deal of growth opportunities, or were simply priced to reflect value. Now, they can be bought on sale. **Alimera Sciences (Nasdaq: ALIM)**Diabetes is on the rise, and so are instances of diabetes-related blindness. There is currently no treatment for the vision condition, but Alimera Sciences has a very promising approach. The company's lead product, Iluvien, is an injectable tube that provides localized steroids that keep the eye healthy. Clinical data has been strong and analysts expect the Food and Drug Administration ([FDA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FDA&selected=FDA)) ) to approve Iluvien by the end of the year. Approval in Europe has also been sought, and Alimera may be able to launch Iluvien in both markets in the first quarter of 2011.If approved, Alimera is expected to quickly penetrate this unmet market opportunity. Analysts at **Citigroup ([C](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=C&selected=C)) )** think the company can earn $1 a share next year and more than twice that in 2012. Meanwhile, shares were priced at $11 in late April but have now fallen below $9 in this recent market correction. Shares trade for about four times Citigroup's 2012 earnings projection. **Action to Take -->** The FDA is expected to receive Alimera's formal application for approval by the end of June and is expected to give the device fast-track status some time in the third quarter. Shares should start to rise if and when those milestones are hit. **Mitel Networks (Nasdaq: MITL)**Selling telephones and other communications gear isn't a sexy business, but it sure is profitable. What the business lacks in growth prospects, it makes up for in profit margins -- which is why investors thought they would've fared better with which went public in late April and then proceeded to quickly lose -30% of its value. A $14 IPO is now a $10 busted IPO . Shares are now quite cheap, trading for just five times next year's EBITDA .Mitel focuses on small to medium-sized businesses, which tend to be very slow to boost spending after coming out of a recession. So Mitel is a late cycle play, which means we're still a year or two away from seeing rising demand for its telephone systems. The company is expected to earn about $1.10 a share in profits in fiscal 2011. Assuming sales rise about +10% in fiscal 2012, analysts at UBS think per share profits can exceed $1.50. Not bad for a $9 stock. **Action to Take -->** New investors would be happy if shares simply traded back up to the IPO price, which would be good for a +50% gain. At that price, shares would trade for around eight times projected 2011 EPS and six times projected 2012 EBITDA. **Crude Carriers ([CRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CRU&selected=CRU)) )**It costs loads of money to build the massive ships used to transport crude oil. The value of those ships tends to rise when demand for oil transport exceeds supply. When demand slows, investors look to the replacement costs to build new ships to place a floor price on the value of existing ships.When Crude Carriers went public in March, bankers noted that its roster of ships would cost about $300 million to replace, or $20 a share. Asking $19 for shares in an IPO seemed reasonable. But in this market environment, investors may have overlooked these data points as shares drifted lower to around $16.If nothing else, the company could just sit tight in any economic slowdown and sell its young fleet of ships for about $20 a share. Or it could wait even longer for peak market conditions when crude oil tankers are valued some 20% to 30% above their replacement cost. (It takes a long time to build these ships and buyers pay a premium to get immediate delivery of used ships.) In that scenario, the value of the shipping fleet would be closer to $27 or $28 a share, roughly +70% above the current price. **Action to Take -->** Shares appear to have found a floor in the $15 to $16 range, thanks to that underlying asset support. Now, patience is required until market conditions unlock value for this crude oil transporter. **Cobalt International ([CIE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIE&selected=CIE)) )**The massive oil spill in the Gulf has hit shares of all sector-related plays hard, including new IPO Cobalt International. Talk about lousy timing. Shares have fallen nearly half since their December 2009 IPO. Making matters worse, Cobalt is still in the process of developing its deepwater energy fields and is unlikely to post meaningful sales growth until 2012 and robust profits until 2013. The good news: the current moratorium on deepwater drilling should be lifted long before then and the money raised in the IPO should tide Cobalt over until it reaches profitability. **Action to Take -->** This stock is washed out with little support. But the company's energy fields are worth a collective $18 a share according to analysts at **Goldman Sachs ([GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS)) )** . If investors can ride out this storm, they may be looking at a +150% gain several years down the road.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 15.0182
Stock Price 2 days before: 15.1034
Stock Price 1 day before: 14.5237
Stock Price at release: 14.4881
Risk-Free Rate at release: 0.0008
| 12.802 |
Symbol: JKS
Security: JinkoSolar Holding Co., Ltd.
Related Stocks/Topics: AOSL|Markets|GS|C|STNG|MUSA|CDXS|CCM|EXPR|ALIM|QNST
Title: These 'Broken' IPOs May be Worth another Look
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-09 05:55:00
Article: When the stock market is on the upswing, private companies get in line to sell their shares and become members of the new crop of initial public offerings (IPOs). Bankers like to know that investors are in a buying mood when taking these companies public. But as often happens, the market can shift direction and these newly-public companies are set adrift in a sea of selling. Many become "broken IPOs," which we define as any stock selling more than -15% below its IPO price. As the accompanying chart shows, some of these stocks are off -25% or even -45% since going public in the past six months.Prior to going public, these companies were heavily scrutinized by potential investors, and the price at which they went public represented a balance between all of the investment pros and cons. Not all that much has changed in their fortunes, except for investors' moods. Some of these companies still hold a great deal of growth opportunities, or were simply priced to reflect value. Now, they can be bought on sale. **Alimera Sciences (Nasdaq: ALIM)**Diabetes is on the rise, and so are instances of diabetes-related blindness. There is currently no treatment for the vision condition, but Alimera Sciences has a very promising approach. The company's lead product, Iluvien, is an injectable tube that provides localized steroids that keep the eye healthy. Clinical data has been strong and analysts expect the Food and Drug Administration ([FDA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FDA&selected=FDA)) ) to approve Iluvien by the end of the year. Approval in Europe has also been sought, and Alimera may be able to launch Iluvien in both markets in the first quarter of 2011.If approved, Alimera is expected to quickly penetrate this unmet market opportunity. Analysts at **Citigroup ([C](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=C&selected=C)) )** think the company can earn $1 a share next year and more than twice that in 2012. Meanwhile, shares were priced at $11 in late April but have now fallen below $9 in this recent market correction. Shares trade for about four times Citigroup's 2012 earnings projection. **Action to Take -->** The FDA is expected to receive Alimera's formal application for approval by the end of June and is expected to give the device fast-track status some time in the third quarter. Shares should start to rise if and when those milestones are hit. **Mitel Networks (Nasdaq: MITL)**Selling telephones and other communications gear isn't a sexy business, but it sure is profitable. What the business lacks in growth prospects, it makes up for in profit margins -- which is why investors thought they would've fared better with which went public in late April and then proceeded to quickly lose -30% of its value. A $14 IPO is now a $10 busted IPO . Shares are now quite cheap, trading for just five times next year's EBITDA .Mitel focuses on small to medium-sized businesses, which tend to be very slow to boost spending after coming out of a recession. So Mitel is a late cycle play, which means we're still a year or two away from seeing rising demand for its telephone systems. The company is expected to earn about $1.10 a share in profits in fiscal 2011. Assuming sales rise about +10% in fiscal 2012, analysts at UBS think per share profits can exceed $1.50. Not bad for a $9 stock. **Action to Take -->** New investors would be happy if shares simply traded back up to the IPO price, which would be good for a +50% gain. At that price, shares would trade for around eight times projected 2011 EPS and six times projected 2012 EBITDA. **Crude Carriers ([CRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CRU&selected=CRU)) )**It costs loads of money to build the massive ships used to transport crude oil. The value of those ships tends to rise when demand for oil transport exceeds supply. When demand slows, investors look to the replacement costs to build new ships to place a floor price on the value of existing ships.When Crude Carriers went public in March, bankers noted that its roster of ships would cost about $300 million to replace, or $20 a share. Asking $19 for shares in an IPO seemed reasonable. But in this market environment, investors may have overlooked these data points as shares drifted lower to around $16.If nothing else, the company could just sit tight in any economic slowdown and sell its young fleet of ships for about $20 a share. Or it could wait even longer for peak market conditions when crude oil tankers are valued some 20% to 30% above their replacement cost. (It takes a long time to build these ships and buyers pay a premium to get immediate delivery of used ships.) In that scenario, the value of the shipping fleet would be closer to $27 or $28 a share, roughly +70% above the current price. **Action to Take -->** Shares appear to have found a floor in the $15 to $16 range, thanks to that underlying asset support. Now, patience is required until market conditions unlock value for this crude oil transporter. **Cobalt International ([CIE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIE&selected=CIE)) )**The massive oil spill in the Gulf has hit shares of all sector-related plays hard, including new IPO Cobalt International. Talk about lousy timing. Shares have fallen nearly half since their December 2009 IPO. Making matters worse, Cobalt is still in the process of developing its deepwater energy fields and is unlikely to post meaningful sales growth until 2012 and robust profits until 2013. The good news: the current moratorium on deepwater drilling should be lifted long before then and the money raised in the IPO should tide Cobalt over until it reaches profitability. **Action to Take -->** This stock is washed out with little support. But the company's energy fields are worth a collective $18 a share according to analysts at **Goldman Sachs ([GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS)) )** . If investors can ride out this storm, they may be looking at a +150% gain several years down the road.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 9.67512
Stock Price 2 days before: 9.77659
Stock Price 1 day before: 9.19144
Stock Price at release: 8.67313
Risk-Free Rate at release: 0.0008
| 12.5922 |
Symbol: QNST
Security: QuinStreet, Inc.
Related Stocks/Topics: AOSL|Markets|GS|C|STNG|MUSA|CDXS|CCM|EXPR|ALIM|JKS
Title: These 'Broken' IPOs May be Worth another Look
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-09 05:55:00
Article: When the stock market is on the upswing, private companies get in line to sell their shares and become members of the new crop of initial public offerings (IPOs). Bankers like to know that investors are in a buying mood when taking these companies public. But as often happens, the market can shift direction and these newly-public companies are set adrift in a sea of selling. Many become "broken IPOs," which we define as any stock selling more than -15% below its IPO price. As the accompanying chart shows, some of these stocks are off -25% or even -45% since going public in the past six months.Prior to going public, these companies were heavily scrutinized by potential investors, and the price at which they went public represented a balance between all of the investment pros and cons. Not all that much has changed in their fortunes, except for investors' moods. Some of these companies still hold a great deal of growth opportunities, or were simply priced to reflect value. Now, they can be bought on sale. **Alimera Sciences (Nasdaq: ALIM)**Diabetes is on the rise, and so are instances of diabetes-related blindness. There is currently no treatment for the vision condition, but Alimera Sciences has a very promising approach. The company's lead product, Iluvien, is an injectable tube that provides localized steroids that keep the eye healthy. Clinical data has been strong and analysts expect the Food and Drug Administration ([FDA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=FDA&selected=FDA)) ) to approve Iluvien by the end of the year. Approval in Europe has also been sought, and Alimera may be able to launch Iluvien in both markets in the first quarter of 2011.If approved, Alimera is expected to quickly penetrate this unmet market opportunity. Analysts at **Citigroup ([C](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=C&selected=C)) )** think the company can earn $1 a share next year and more than twice that in 2012. Meanwhile, shares were priced at $11 in late April but have now fallen below $9 in this recent market correction. Shares trade for about four times Citigroup's 2012 earnings projection. **Action to Take -->** The FDA is expected to receive Alimera's formal application for approval by the end of June and is expected to give the device fast-track status some time in the third quarter. Shares should start to rise if and when those milestones are hit. **Mitel Networks (Nasdaq: MITL)**Selling telephones and other communications gear isn't a sexy business, but it sure is profitable. What the business lacks in growth prospects, it makes up for in profit margins -- which is why investors thought they would've fared better with which went public in late April and then proceeded to quickly lose -30% of its value. A $14 IPO is now a $10 busted IPO . Shares are now quite cheap, trading for just five times next year's EBITDA .Mitel focuses on small to medium-sized businesses, which tend to be very slow to boost spending after coming out of a recession. So Mitel is a late cycle play, which means we're still a year or two away from seeing rising demand for its telephone systems. The company is expected to earn about $1.10 a share in profits in fiscal 2011. Assuming sales rise about +10% in fiscal 2012, analysts at UBS think per share profits can exceed $1.50. Not bad for a $9 stock. **Action to Take -->** New investors would be happy if shares simply traded back up to the IPO price, which would be good for a +50% gain. At that price, shares would trade for around eight times projected 2011 EPS and six times projected 2012 EBITDA. **Crude Carriers ([CRU](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CRU&selected=CRU)) )**It costs loads of money to build the massive ships used to transport crude oil. The value of those ships tends to rise when demand for oil transport exceeds supply. When demand slows, investors look to the replacement costs to build new ships to place a floor price on the value of existing ships.When Crude Carriers went public in March, bankers noted that its roster of ships would cost about $300 million to replace, or $20 a share. Asking $19 for shares in an IPO seemed reasonable. But in this market environment, investors may have overlooked these data points as shares drifted lower to around $16.If nothing else, the company could just sit tight in any economic slowdown and sell its young fleet of ships for about $20 a share. Or it could wait even longer for peak market conditions when crude oil tankers are valued some 20% to 30% above their replacement cost. (It takes a long time to build these ships and buyers pay a premium to get immediate delivery of used ships.) In that scenario, the value of the shipping fleet would be closer to $27 or $28 a share, roughly +70% above the current price. **Action to Take -->** Shares appear to have found a floor in the $15 to $16 range, thanks to that underlying asset support. Now, patience is required until market conditions unlock value for this crude oil transporter. **Cobalt International ([CIE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CIE&selected=CIE)) )**The massive oil spill in the Gulf has hit shares of all sector-related plays hard, including new IPO Cobalt International. Talk about lousy timing. Shares have fallen nearly half since their December 2009 IPO. Making matters worse, Cobalt is still in the process of developing its deepwater energy fields and is unlikely to post meaningful sales growth until 2012 and robust profits until 2013. The good news: the current moratorium on deepwater drilling should be lifted long before then and the money raised in the IPO should tide Cobalt over until it reaches profitability. **Action to Take -->** This stock is washed out with little support. But the company's energy fields are worth a collective $18 a share according to analysts at **Goldman Sachs ([GS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GS&selected=GS)) )** . If investors can ride out this storm, they may be looking at a +150% gain several years down the road.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither David Sterman nor StreetAuthority, LLC hold positions in any securities mentioned in this article.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) David Sterman does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article.-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 13.2862
Stock Price 2 days before: 13.308
Stock Price 1 day before: 12.8932
Stock Price at release: 12.1287
Risk-Free Rate at release: 0.0008
| 11.7662 |
Symbol: PRDO
Security: Perdoceo Education Corporation
Related Stocks/Topics: Markets
Title: Career Education trader stays bearish
Type: News
Publication: optionMONSTER
Publication Author: Unknown
Date: 2010-06-10 03:09:00
Article: Career Education has gotten killed as investors worry about restrictions on student loans, and one trader is positioning for further downside.optionMONSTER's Depth Charge tracking system detected the purchase of 4,250 July 24 puts for $1.60, and the sale of a matching number of June 24 puts for $0.65. Volume was below open interest in the June contracts but not in July, suggesting a position was rolled forward by one month. [CECO Chart](http://www.optionmonster.com/cms/commentary/images/ceco610.png) CECO fell 1.42 percent to $25.60 in afternoon trading and is down 19 percent in the last two months. The operator of for-profit universities has been dropping like a rock since it reversed from a 30-month high in mid-April.The stock ran into resistance at its 200-day moving average when the broader market rallied on Tuesday, and has continued to fall since. Some chart watchers may consider that evidence that CECO can still drop further.Today's put roll provided an additional month of downside exposure for a net debit of $0.95. It may have been implemented as a protective position by a shareholder or as a speculative bearish play.The transaction was timed to let the investor receive the most money for the June puts, which will lose value at an accelerating pace as expiration approaches on June 18.Overall options volume in CECO is 6 times greater than average so far today. (Chart courtesy of tradeMONSTER) Copyright © 2010 OptionMonster® Holdings, Inc. All Rights Reserved.
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0006
| 0 |
Symbol: NOA
Security: North American Construction Group Ltd.
Related Stocks/Topics: BP|Markets
Title: Sector Update: Energy Up as Oil Gains; BP Shares Rebounding from Steep Drop
Type: News
Publication: MTNewswires
Publication Author: Unknown
Date: 2010-06-10 08:37:00
Article: Dow Jones U.S. Oil & Gas Index: 440.27 Wednesday regular session closeNYMEX Benchmark Crude: +0.28 (+0.38%) to 74.55Top Energy StocksXOM: +1.03%CVX: +0.86%SLB: +2.22%OXY: 0.00%COP: +0.95%Energy shares are up before the bell, as oil prices climb following a rise in Asian and European equities. Yesterday, BP ([BP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=BP&selected=BP)) ) tumbled to its lowest level in 13 years in London trade as the company continues to battle Gulf of Mexico spill, for which costs are now estimated to be over $1.4 billion by BP. Some analysts at investment banks have estimated that figure to be multiple times more than that figure. BP shares are higher in U.S. pre-market trade. North American Energy Partners ([NOA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=NOA&selected=NOA)) ) reported first quarter results that disappointed analysts, as earnings were hurt by lower volumes in its piling segment, coupled with higher administrative costs. Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
Stock Price 4 days before: 9.14664
Stock Price 2 days before: 8.60264
Stock Price 1 day before: 8.94183
Stock Price at release: 8.93863
Risk-Free Rate at release: 0.0006
| 8.89164 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Markets
Title: Thursday 06.10.10 Kitcommentary From Kitco Metals Inc. " Beijing Balks At Buying Bullion "
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-06-10 09:34:00
Article: Good Morning,Calmer conditions returned to the markets overnight as several factors conspired to divert investors from the panicky behavior they exhibited earlier in the week. The euro strengthened a tad, rising above the 1.20 mark once again, the US dollar declined a little, the Nikkei index eked out a 103 point gain, and thus profit-takers regained the upper hand in bullion markets as Thursday's action got underway overseas.Risk appetite appeared to turn healthier in most markets, but in the case of gold that meant a decline in purchasing appetite, and the realization that scrap flows are eclipsing physical offtake once again just as the 'summer doldrums' are upon us. Several statements from Chinese officials also appeared to put a damper on some of the speculation that was manifest in the markets earlier. The head of China's national pension fund said that the euro will in fact manage to survive the current debt crisis. Then, the State Administration of Foreign Exchange [( ](http://www.guardian.co.uk/business/feedarticle/9120640) [SAFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFE&selected=SAFE) ) said in Beijing- once and for all clearing up the 'mystery' of why China has not jumped on the IMF's gold (or any other massive amounts of gold for that matter) -that the [gold market](https://www.nasdaq.com/market-activity/commodities/GCCMX) is too small, illiquid, and volatile (their words) to be 'suitable for asset allocation.'By which, we construe, to be unsuitable for allocation percentages of a significant order of magnitude higher than the 2% or so percent with which the world's third largest economy's managers feel comfortable at this time.Also from China, several statements on the bubble being possibly created in gold markets by hot-to-trot speculative money that has leaked into it from real estate gamblers. The [China People's Daily](http://english.people.com.cn/90001/90778/90862/7021049.html) reported that "Mr. Cheng Zhang, deputy general manager of China National Gold Group Marketing Company, told reporters that May has historically been a low season for gold sales, but sales conditions in May this year are better than that of previous years. Inflation expectations and a cool property market have made gold the focal point of investment.Mr. Zhou Dewen, head of Wenzhou SME Development Association, said that Wenzhou businesspeople have been discussing withdrawing capital from the property market in recent months. Because gold is easier to transfer into money, it has become a tool for businesspeople to pursue capital appreciation in a short period of time."After noting the changing trend in the flow of money, the gentlemen cautioned that "the current domestic gold price would not have been so high without international speculation. As China has become the world's second largest gold-consumption market, international speculators are turning their eyes to the Chinese market. China should be cautious of international speculators who deliberately drive up the price before tempting investors to enter the market. "I suggest that investors should not particulate too much in gold speculation," Mr. Zhu said. "The current gold buy-back channels in China are not smooth, so gold speculators will be exposed to high risks."The final item on our Chinese-sourced news roundup this morning comes from out good friend, Mr. Zhang Bingnan, who is the Vice President of the China Gold Association. Mr. Zhang said (and this does not come as too much of a surprise) that China is expected to have higher gold output this year, even more than the record of 313.9 tons it produced in 2009.Separately, [JP Morgan](http://www.marketwatch.com/search/?value=gold) upped its price targets for several mining firms (the names are some of the largest and are known to gold followers, so we will not mention them), recommended gold to any investor whose allocation pie does not contain the yellow metal, and also raised its long-term price forecast for gold. To **$950** per ounce. Not a misprint, not missing a zero.Morgan analysts see only a 25% chance of $1500 gold in the cards. Echoing this writer's advice tendered during the Cambridge Show debate last Sunday, the JPM analysts said that: ""It's difficult to buy gold after its strength and close to record highs. However, we feel it's more difficult not to have a gold position in these highly uncertain times. Even at these levels we'd encourage investors who haven't yet entered the gold sector to open a starter position." Which is all fine -so long as one bears in mind the 75% probability of gold not going to $1,500.00 per ounce. As we said, buying gold for price performance is to bark...you know the rest...Spot metals dealings opened with mixed results once again, as profit-takers in one niche were offset by profit-seekers in others. Gold started on the back foot this morning, opening with a $6.20 per ounce loss and quoted at $1226.90 bid after having touched an overnight low of just under the $1220 mark. Indian gold buying was once again in mothballs overnight, as locals awaited prices to be backing away from this week's peak over time. EW analysis confirms an on-going (but worrisome) disconnect between gold and silver, as well as other assets. Despite allowing for a speculative-fueled run to $1346- if conditions converge in an ideal manner- the Prechterian angle still tilts towards characterizing recent chart traces as a top. Support at just under $1200 is critical to maintain. Overhead resistance is manifest from $1230 to $1240 and on up to the just-above-$1250 level that gold touched earlier in the week.Silver dropped 6 cents to open at $18.04 per ounce. On the other hand, platinum added $7 and palladium gained $4 to rise to $1533.00 and $451 respectively. Rhodium was unchanged at $2430.00 after having dipped again on Wednesday. Oil prices gained 66 cents to rise to $75.04 per barrel while copper added less than a tenth of a percent this morning. Chinese imports for May-at 397,000 tonnes- came in under forecasted levels.US weekly jobless claims numbers were on tap this morning, and the results show a small dip in the filings. The 3000 fewer applications for benefits brought the weekly tally down to 456,000 but the figure was still higher than that which economists had expected. Perhaps the broader picture is more revealing: the continuing claims numbers fell to 4.46 million - the lowest such level since December of 2008. The (jobs) trend is your friend, Mr. Bernanke. On the other hand, your colleague, Mr. Trichet has quite a job on his hands...The ECB (and the BoE) left good enough alone and did not tinker with interest rates this morning. Noting a projected 0.7% growth rate for 2010 followed by a projected 'growth' rate of 0.2% next year, the ECB could point to only one 'bright' spot in its announcement this morning; that the inflation rate is 'firmly anchored.' Translation: we are staring at disinflation, or worse.We on the other hand, will be staring at price monitors and news flows for the rest of the day, as we head towards pre-weekend book-squaring. Happy Trading. **Jon Nadler********Senior Analyst****,****Kitco Metals Inc. ****North America US & Canada Toll Free: 1****(877) 839-8036****Websites:** [www.kitco.com](https://mail.kitco.com/exchweb/bin/redir.asp?URL=http://www.kitco.com/)**and**** [www.kitco.cn](https://mail.kitco.com/exchweb/bin/redir.asp?URL=http://www.kitco.cn/)********Blog:** [http://www.kitco.com/ind/index.html#nadler](https://mail.kitco.com/exchweb/bin/redir.asp?URL=http://www.kitco.com/ind/index.html%23nadler)
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0006
| 0 |
Symbol: SAFE
Security: Safehold Inc.
Related Stocks/Topics: Markets
Title: China Released Strong Eco Data. Sentiment Robust but Tightening Pressure Heightened
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-06-11 02:36:00
Article: Despite mixed US data, Wall Street rallied as investors remained thrilled by strong trade data in China and encouraging bond auction result in Spain. Surge in risk appetite also boosted crude oil prices. The front-month WTI contract rose for a 3rd consecutive day to a 4-week high at 76.3 before settling at 75.48, up +1.49%. Brent crude also gained +1.54% and closed at 76.86. In Asian session today, we see pullbacks in both contracts amid profit-taking.Gold plunged on improved market sentiment and comments by China's State Administration of Foreign Exchange ([SAFE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SAFE&selected=SAFE)) ) that gold's use for asset allocation is limited given its relatively high volatility and costs of holding and trading. Closing at 1222.2, the benchmark contract for gold slid -0.63% Thursday, following a drop of -1.26% on the prior day. The contract hit a record high of 1254.5 on June 8. We expect the yellow metal's uptrend to remain intact despite the pullback as investment demand and flight for safe haven would help support the rally. US initial jobless claims dropped only -3K to 456K in the week ended June 4, compared with market expectations of a sharper fall to 447K. The 4-week moving average rose +3k to a 6-week high of 463k. Yet, continuing claims plunged substantially, by -255k, to 4462k, the lowest since December 2008. The Labor Department did not give reason for the unexpected drop but this reading is worth monitoring.US trade deficits widened marginally to -$40.3B in April, from -$40B in March, with both imports and exports slipping. Specifically, trade gap with China grew to -$19.3B in April from -$16.9B a month ago. Treasury Secretary Timothy F. Geithner again urged China to allow appreciation of RMB as the current exchange-rate policy hinders global economic recovery. We believe gold should benefit if RMB appreciates as the yellow metal will become 'cheaper' in RMB-terms and this should attract domestic buying. Moreover, if revaluation of RMB is regarded as a government means to contain inflation, in other words the government admitted inflation has become detrimental to the well-being of the economy, gold should outperform.Indeed, inflation has been a problem in China for sometime this year and the government will step up the cooling measures sooner or later. Headline CPI rose +3.1% y/y in May, exceeding the government's upper range of +3%. Other data were also strong with fixed asset investment surging +25.9% (consensus: +25.7%) in the first 5 month through May, compared with +26.1% in the first 4 months while retail sales soaring +18.7% y/y, after +18.5% rise in April. Given the set of strong economic data, the government is poised to implement further measures to cool down growth and curb inflation.The ECB and the BOE maintained the policy rates unchanged at 1% and 0.5% respectively. While the latter released a short statement as usual, the formed received lots of questions regarding the bond purchase plan and re-launch of refinancing operations. ECB President Trichet did not give much detail about the bond purchase plan but announced extension of the 3-month LTRO for another 3 months. ECB staff raised GDP forecasts for 2010 to +1% from +0.8% but lowered that for 2011 to +1.2% from +1.5%. Inflation outlook for 2010 and 2011 were revised up to +1.5% (previous: +1.5%) and +1.6% (previous: +1.5%) respectively, driven by surge in energy prices and decline in euro.
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0004
| 0 |
Symbol: DO
Security: Diamond Offshore Drilling, Inc.
Related Stocks/Topics: KSS|Markets
Title: Get Paid to Wait for Your Solid Investments to Rebound
Type: News
Publication: Unknown
Publication Author: Unknown
Date: 2010-06-11 06:51:00
Article: The S&P 500 dropped -8.2% in May, leaving investors with some tough decisions to make in June. The downdraft pushed many solid investments into the loss column, year-to-date.If you are sitting with a loss on a fundamentally sound investment, what can you do? Here are some options:**Buy** You could buy more shares now and reduce your cost basis . This, of course, isn't the easiest thing to do. If the market continues to drift downwards -- or even sideways -- over the short-term, you'll have that much more invested in a non-performing asset. **Sell** Bite the bullet and sell at a loss. Then, sit on the sidelines and wait for some positive movement and try to pick up the stock on the upswing. Of course this strategy isn't without its issues.If the stock starts to move within 30 days of your sale, there might be some tax implications if you buy it back. If you need to wait longer than 30 days to avoid the wash rule, you might miss out on some nice gains. (Read this explanation of the wash rule here) Or you could just invest in something else. But if this is fundamentally the same company as it was when you bought it, why wouldn't it still be on your short list to buy?**Hold** Just hold on to the stock and ride it out. You'll avoid spending any more money on trading commissions. And you won't miss any price appreciation on the upswing. Of course there is the possibility we are heading into a sideways-trading market -- so you might spend a long summer staring at your losses. **Or…You Could Get Paid to Hold** Every day, investors get paid to hold stocks in their portfolios. In fact, it's a tried and true investment strategy employed by retirees and income investors.How do they do it? They write -- or sell -- covered call options. When someone buys a call option , they pay a premium to buy the right to purchase a stock at a specified price, called the strike price. They buy the right, but are not obligated, to go though with the sale. In fact, most options are bought, but not exercised, by the time they expire.So to make a little extra income off of a holding, an investor can sell a call option and collect the premium. When the call writer owns the underlying stock, it is called a "covered call." The vast majority of time, the call option is not exercised, and the investor keeps the underlying shares. Investors can then write another covered call to collect even more income. If the call is exercised, the call writer has to surrender the shares at the specified price.An Example:Let's say you bought 100 shares of the department store chain **Kohl's ([KSS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=KSS&selected=KSS)) )** on January 5th for $54.00. The store seemed busy over the holidays and you believed the performance of the retail sector was going to be rosier than expected. And to some extent, you were right. Your position gained throughout the year -- until May came along. Today, it is hovering at about $51 a share.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) You still very much like Kohl's outlook and would like to hold on to the stock. But May's retail sales were just released and were lower than expected -- down -1.2%. So it might be a while before the market bids this stock back up to your breakeven price.In the meantime, you could write a call on Kohl's at a strike price of $55.00 and collect a $2.00 a share premium. The option would expire in October.By collecting the $2.00 per share call premium, you are now breakeven at $52 a share -- instead of your original purchase price of $54 a share. And if the option never gets exercised, you'll keep the shares and collect even more income by writing subsequent call options. If the share price runs past $55, you'll have to surrender you shares, but at a +5.7% profit.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Before the call option is exercised, you can buy a call option at any time for the same strike price and expiration date to erase the trade. Options are offered at many different strike prices above and below the current market price. They also have different expiration dates. It might take a little shopping around to find the right combination that fits your needs and goals.With the tough decisions investors are facing this month, it's nice to have another choice -- one that can turn a loss into a profit -- or a long unprofitable wait into to an income-producing exercise. **Action to Take -->** I've found two securities you can use to put this strategy into practice.1. With the oil troubles in the Gulf, shares of the offshore drilling contractor **Diamond Offshore Drilling ([DO](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DO&selected=DO)) )** lost -20.2% in May. The industry is holding its breath, waiting to see what new offshore drilling regulations will materialize. This could keep a lid on the share price in the near term. Right now, investors can get a $3.80 per share premium to sell a DO call option at a strike price of $66.75 a share. DO is now trading near $61 per share and the option expires in September.2. Shares of the seed and herbicide company **Monsanto ([MON](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MON&selected=MON)) )** lost -19.3% of their value in May. It's been a tough year for this agribusiness powerhouse. Crop prices are low, which makes farmers less likely to spring for Monsanto's state-of-the art products. And this situation may not change until the next planting season. Right now, you can get a $2.50 per share premium to sell a call option at a strike price of $55.00 per share. MON is trading at roughly $51.25 per share and the option expires in October. [Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) A graduate of both Columbia University and The University of Texas, Amy's experience includes managing $5 million in trust funds, economic consulting and financial risk management. Read more...Amy CalistriEditor: Stock of the Month, The Daily PaycheckDisclosure: Amy Calistri does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 60.1058
Stock Price 2 days before: 57.0298
Stock Price 1 day before: 57.9536
Stock Price at release: 61.2232
Risk-Free Rate at release: 0.0004
| 64.7508 |
Symbol: DO
Security: Diamond Offshore Drilling, Inc.
Related Stocks/Topics: XAU|Markets|CVX|AA|XLE|CAT|AXP|SPX
Title: Don't Buy Stocks Today
Type: News
Publication: Unknown
Publication Author: Unknown
Date: 2010-06-11 07:45:00
Article: ****U.S. stock markets soared yesterday, boosted by better economic news from China, a decision by the Bank of England to hold current rates, positive data from Australia, and a stronger euro. Even Spain chimed in with a successful bond offering. And there was positive domestic news in the form of better-than-expected weekly job numbers.According to the Wall Street Journal, traders said that, "they are focused more broadly on global growth, including developments in other major regions that seem to be suffering little ripple effect from Europe's struggles." International companies benefitted from the round of buying, with **Caterpillar Inc.** (NYSE: [CAT](http://moneycentral.msn.com/detail/stock_quote?symbol=CAT) ), up 5.5%, leading the Dow's rush higher. **American Express Company** (NYSE: [AXP](http://moneycentral.msn.com/detail/stock_quote?symbol=AXP) ) gained 5.04%, **Chevron Corporation** (NYSE: [CVX](http://moneycentral.msn.com/detail/stock_quote?symbol=CVX) ) gained 4.77%, and **Alcoa Inc.** (NYSE: [AA](http://moneycentral.msn.com/detail/stock_quote?symbol=AA) ) rose 4.17%.Energy stocks were higher yesterday, after being hammered over the last week. **Anadarko Petroleum Corporation** (NYSE: [APC](http://moneycentral.msn.com/detail/stock_quote?symbol=APC) ) rose 12.4%, **Baker Hughes Incorporated** (NYSE: [BHI](http://moneycentral.msn.com/detail/stock_quote?symbol=BHI) ) gained 10.7%, and **Diamond Offshore Drilling, Inc.** (NYSE: [DO](http://moneycentral.msn.com/detail/stock_quote?symbol=DO) ) was up 7.4%. **BP plc** (NYSE: [BP](http://moneycentral.msn.com/detail/stock_quote?symbol=BP) ) jumped 12.26%.The euro rose to 1.21 against the greenback. This was the first time in over a week that it traded at that level. And the U.S. Dollar Index fell 1%.At the close, the **Dow Jones Industrial Average** ([DJI](http://moneycentral.msn.com/detail/stock_quote?symbol=DJI)) ) jumped 273 points to 10,173, the **S&P 500** ([SPX](http://moneycentral.msn.com/detail/stock_quote?symbol=SPX)) ) rose 31 points to 1,087, and the **Nasdaq** ([NASD](http://moneycentral.msn.com/detail/stock_quote?symbol=NASD)) ) rose 60, closing at 2,219.The NYSE traded 1.3 billion shares with advancers topping decliners by over 5.5-to-1. The Nasdaq crossed 628 million shares and advancers outnumbered decliners by 5-to-1. Crude oil for July delivery gained $1.10 at $75.48 a barrel, and the **Energy Select Setor SPDR** (NYSE: [XLE](http://moneycentral.msn.com/detail/stock_quote?symbol=XLE) ) gained $2.58, closing at $53.99.June gold declined $7.70, settling at $1,220.80 an ounce. The **PHLX Gold/Silver Sector Index** (NASDAQ: [XAU](http://moneycentral.msn.com/detail/stock_quote?symbol=XAU) ) rose $2.57 to $175. **What the Markets Are Saying** After four consecutive days of losses, we should not be surprised by yesterday's rally from a major support zone that was marked by double reversals on the Dow Industrials and three reversals from the S&P 500.With yesterday's huge pop, our internal indicators gave a volley of short-term buy signals. However, with the long-term trend neutral to down, and close to a bearish signal, and both the intermediate- and short-term trends still down, it's difficult to get very bullish.Even though yesterday's reactive rally was supported by strong breadth, volume was low. We've seen this low upside/strong downside volume picture since early March, and the overall results speak for themselves. The other troublesome trading pattern is the market's frenetic reaction to news -- both good and bad. This tells us that stocks are not held in strong hands, and that the motivation for both buyers and sellers is fear -- fear to lose on bad news and fear to miss the move higher on good news.Unless someone somewhere comes up with a disaster someplace, we should expect a strong opening with increased buying by speculators. But the Dow, S&P 500 and Nasdaq are approaching some formidable resistance in the form of the 20- and 200-day moving averages, as well as deep zones of sellers. It would take an extremely optimistic trader to go into the weekend holding purchases made at Thursday's prices through a weekend of potentially horrid news.I'll still wait this out until the technical picture is less murky. **Today's Trading Landscape** There are no significant earnings reports due today. **Economic reports due:** retail sales (the consensus expects 0.4%, 0.2% ex-autos), consumer sentiment (the consensus expects 74), and business inventories (the consensus expects 0.5%).If you have questions or comments for Sam Collins, please e-mail him at [[email protected]](mailto:[email protected]) . **Related Articles:** - [Transport Some Profits to Your Portfolio](http://www.optionszone.com/trading-picks/trade-of-the-day/2010/06/stock-picks-jb-hunt-transport-services-inc-jbht.html) - [Writing Covered Calls: Getting Started](http://www.optionszone.com/trading-strategies/covered-calls/writing-covered-calls-getting-started.html) - [So, You Think You Know How to Trade the VIX?](http://www.optionszone.com/options-trading-101/volatility/vix-products-how-to-trade-volatility-with-vix-products.html) **How to Double Your Money Every Week in 2010**Are you doubling your money with every trade you make? You should be! This 2010 trading guide will show you how, and it also details two money-doubling options trades to get you started. [Download your FREE copy here.](http://www.optionszone.com/order/?sid=NP3332)****
Stock Price 4 days before: 60.1058
Stock Price 2 days before: 57.202
Stock Price 1 day before: 58.1588
Stock Price at release: 61.2232
Risk-Free Rate at release: 0.0004
| 64.7508 |
Symbol: IDT
Security: IDT Corporation
Related Stocks/Topics: Markets|MCD|WEN
Title: Friday Winners: Wendy's/Arby's, IDT Corp. and ArcSight
Type: News
Publication: David Sterman
Publication Author: Unknown
Date: 2010-06-11 11:27:00
Article: Among the biggest winners in Friday's early trading are **Wendy's/Arby's ([WEN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WEN&selected=WEN)) )** , **IDT Corp. ([IDT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IDT&selected=IDT)) )** and **ArcSight (Nasdaq: ARST)** . **Wendy's/Arby's seeks a Possible Exit** Shares of **Wendy's/Arby's Group ([WEN](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=WEN&selected=WEN)) )** are up +6% on word that the fast-food operator may be taken private. If that happens, it would cap a long string of moves enacted to enrich the company's shareholders -- especially its largest holder, Nelson Peltz. His investment firm owns 23% of Wendy's/Arby's, and he originally saw the vehicle as a potential cash cow, figuring he simply needed to prod management to boost sales levels up to those posted at rival **McDonald's ([MCD](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=MCD&selected=MCD)) )** . While he was at it, he figured he could work similar magic on the struggling Arby's chain of restaurants. By combining the two, he could boost purchasing synergies and bring a fresh approach to the respective menus. Eventually, he told investors, the company could sharply boost cash flow . Try as they may, nothing has really worked. Sales of Wendy's have improved only modestly, while sales at Arby's have remained disappointingly weak. And even as they have streamlined the expense structure, that hoped-for cash flow growth has yet to materialize. Media reports imply that another investor has approached Peltz about a buyout , but if history is any guide, that's a ruse. This is probably just another move by Peltz in a series to unlock value for his stake. By taking Wendy's/Arby's private, he can cherry-pick whatever assets he wants, and bring the company public once again down the road. **Action to Take -->** Shares ran up to $5.55 a few months ago on hopes that first-quarter cash flow would look better than it did. Any buyout would likely need to meet or exceed that price to avoid the appearance of "stealing the company on the cheap." Shares, about $1 below that figure, look pretty appealing here, or simply on the cash flow levels in place. If a deal doesn't come to fruition, and the fast food chains can show even modest same-store sales gains, this could still become a great cash flow growth story. So one way or another, it looks safe to buy this name while it's in play.-------------------------------------**Cyber Security in the Spotlight** Soon after taking office, the Obama administration announced plans to boost spending to protect our nation's key government networks and utilities. It had become apparent that foreign governments had increased their efforts to infiltrate our most vulnerable data centers, and the initiative was aimed at boosting both defensive and offensive cyber efforts.That spending is now paying off for **ArcSight (Nasdaq: ARST)** , which is a leading vendor of cyber security software and services to governments and large corporations. The company just announced that fiscal fourth quarter sales rose+41%.During the next few years, ArcSight looks set to keep growing, with analysts pegging top-line growth at +15% to +20% for each of the next two years. Beyond 2012, though, it's fair to wonder if growth can be sustained. With Uncle Sam as its biggest customer, and a potential change in the White House in 2012, federal support of cyber security efforts may wane. And shares already trade for more than 25 times projected 2012 profits of $0.86 a share. **Action to Take -->** Today's +22% move in the stock is impressive, but may represent most of the upside we'll see in this stock for awhile.-------------------------------------**IDT remains a Challenge to Value** How would you like to own a company for free? That's the longstanding offer in place for investors in **IDT Corp. ([IDT](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IDT&selected=IDT)) )** , which has typically been valued for the cash sitting on its balance sheet . In fact, until recently, the stock was valued well below the company's net cash. Simply put, many institutional investors have looked under the hood, and then walked away from the seemingly cheap stock. That's because management has been fairly secretive, neglecting even to have anyone ask questions on its conference call. And management has always pursued a mishmash of different businesses without any real focus. IDT's core telecom business has been in slow decline, and other newer businesses have not ramped up quickly enough to offset that drag. And the company has generated negative earnings before interest, tax, depreciation and amortization (EBITDA) for each of the past six years.Despite all that, shares are up nearly +15% on Friday, thanks to an unexpected -- and unexpectedly large -- profit. A combination of higher cash flow at the telecom unit and sharply lower overhead gets the credit. And if IDT can continue to post quarters like this one, then shares would be quite undervalued. **Action to Take -->** Look before leaping. IDT has had temporarily impressive profit gains in the past and if investors had a better sense of the company's future revenue and profit dynamics, they'd warm up to this stock. Shares may go higher, but you should steer clear of investments that are managed in relative secrecy.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png) Disclosure: Neither StreetAuthority, LLC nor the David Sterman hold positions in any securities mentioned in this report.[Image](https://www.nasdaq.com/sites/acquia.prod/files/ARP-Inline-Image.png)-- David StermanStaff WriterStreetAuthorityDisclosure: David Sterman does not own shares of any security mentioned in this article. © Copyright 2001-2010 StreetAuthority, LLC. All Rights Reserved.
Stock Price 4 days before: 8.76357
Stock Price 2 days before: 8.46245
Stock Price 1 day before: 8.76737
Stock Price at release: 9.86072
Risk-Free Rate at release: 0.0004
| 12.778 |
Symbol: EU
Security: enCore Energy Corp.
Related Stocks/Topics: Markets|WTI|US|CPI
Title: US' Moratorium on Deepwater Drilling, if Extended Beyond 6 Months, may Affect Oil Production
Type: News
Publication: International Business Times
Publication Author: Unknown
Date: 2010-06-12 03:10:00
Article: Macroeconomic data released last week was generally supportive and this lifted market sentiment and triggered investors to go for risk-sentiment sentiments.China's exports surged +48.5% y/y (+10.9% m/m seasonally adjusted) in May, exceeding market expectations of +32%. Despite sovereign crisis woes, export to EU jumped +49% y/y in May, compared with +28% in April. This suggested the impacts of sovereign crisis in the region were limited so far. Domestically, Chinese CPI rose +3.1% y/y in May, exceeding the government's upper range of +3%. The government forecast further overshooting is likely in coming months. Other data were also strong with fixed asset investment surging +25.9% (consensus: +25.7%) in the first 5 month through May, compared with +26.1% in the first 4 months while retail sales soaring +18.7% y/y, after +18.5% rise in April. While the set of data suggested growth remained intact despite risks in the Eurozone, it may trigger the government to accelerate tightening measures to cool down growth and curb inflation. While stocks, growth currencies and commodities strengthened since the middle of the week, worse-than-expected US retail sales triggered profit-taking. Retail sales surprisingly contracted -1.2% m/m in May after gaining +0.4% in April. Excluding auto, the reading still fell -1.1%. The data inevitably caused doubts over growth outlook** Crude Oil** Movement of crude oil continued to be driven by macroeconomic development and sovereign crisis condition in the Eurozone. WTI crude oil price plunged below 70 briefly earlier in the week after the new Hungarian government's comment on the country fiscal situation. Price rebounded and the rally accelerated in the middle of the week as macroeconomic data from the US and Asia was generally encouraging, the US Energy Department ([EIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=EIA&selected=EIA)) ) reported another week of crude inventory draw and the International Energy Agency ([IEA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IEA&selected=IEA)) ) raised its forecast on global oil demand. However, profit-taking was seen Friday after disappointing US retail sales. The front-month WTI contract ended the week at 73.78, up +3.17%. Corresponding contract for Brent crude surged +5.15% and settled at 74.35, up +3.13%.According to the US Energy Department, crude oil inventory declined -1.83 mmb to 361.4 mmb in the week ended June 4. This exceeded market expectations of a dip of -0.9 mmb. Increase in inventory level was seen in all regions except for the Gulf Coast where a drop of -4.66 mmb was recorded. Cushing stock also slid -0.47 mmb.Gasoline data was disappointing. Its stockpile and demand were largely flat from a week ago despite the long weekend (the Memorial Day holiday). Distillate stockpile increased +1.84 mmb as imports and production surged +11.8% and +1.4% respectively. At the same time, demand fell -3.18% to 3.903M bpd.In its Short-term Energy Report, the EIA factored in the impact of the 6-month moratorium in deepwater drilling and hurricanes in Gulf of Mexico in its latest forecasts in crude oil production. For 2010, US crude oil production is expected to rise +70K bpd to 5.392M bpd in 2010 from a year ago. This is -113K bpd lower than May's projection as the new NOAA forecasted a more active hurricane season this year. For 2011, crude oil production will probably drop -20K bpd to 5.38M bpd (also -113K bpd less than May's projection) from a year ago. The new forecasts have taken into account total cumulative reductions in the output of crude oil from the deepwater Gulf of Mexico of 2.4 million barrels in 2010 and 25 million barrels in 2011 because of the recently-imposed 6-month drilling moratorium. On May 27, the US Department of the Interior announced a series of aggressive new operating standards and requirements for offshore energy companies and ordered a 6-month moratorium on deepwater drilling. Furthermore, there were cancellation in a pending lease sale in the Gulf of Mexico and a proposed lease sale off the coast of Virginia suspension of proposed exploratory drilling in the Arctic.In our opinion, the overall impact of the new measures on production is limited IF the drilling ban ends 6 months later, given the high inventory level and huge spare capacity in the country. However, the overhang is if the government will extend the moratorium beyond 6 months. After all, the Gulf of Mexico accounts for more than 50% of the undiscovered hydrocarbon resources in the US.As triggered by the current oil spill, long-term energy policy change is imminent. We believe tax hikes for oil and gas productions as well as acceleration in implementation of renewable energy are likely. **Natural Gas** Nymex gas price retreated after faltering below 5. According to the US Energy Department, gas storage increased +99 bcf to 2456 bcf in the week ended June 4, narrowing the level above 5-year average to 14.4%. After sliding for 2 weeks, Baker Hughes recorded +7 units increase in rig counts to 954 units. **Precious Metals** Comex gold extended gains earlier in the week and hit a new all-time high on Tuesday as worries over Hungary's deficit conditions boosted demand for safe-haven assets. Yet, price dropped thereafter amid improvement in risk appetite and long liquidation. The yellow metal ended the week with modest gain on a late rally on Friday.Silver, gained +5.39% over the week, outperformed gold and others in the precious metal complex. However, the rally only pared the losses made over the past weeks. Year-to-date, the benchmark contract for silver added +7.29%, compared with +11.8% rise in corresponding gold contract.PGMs traded rather quietly last week. Buying interests was found at around 1500 for platinum and the metal ended the week +0.64% higher. For palladium, price was supported at around 420 and then grinded higher as general market sentiment improved. **Base Metals** The complex was generally supported by robust economic data and improved market sentiment. Although China's imports for copper dropped for the third month to 396.7M tons, the level remained high given recent government tightening and lack of arbitrage between LME and SHFE. Aluminum imports increased +1.23% to 94.49M tons in May but was still down -72% from a year ago. Last week, Oleg Deripaska, owner of the world's largest aluminum company, said producers may shut smelters as aluminum price slumps. Deripaska said that about 70% of smelters around the world are unprofitable at current prices and this may trigger production suspension of around 2-3M tons in 2Q and 3Q, thus causing a 'deficit of physical supply. Deripaska's comment may trigger aluminum price further.
Stock Price 4 days before: 19.2528
Stock Price 2 days before: 19.5767
Stock Price 1 day before: 19.6234
Stock Price at release: 19.6109
Risk-Free Rate at release: 0.0004
| 20.3474 |
Symbol: SCM
Security: Stellus Capital Investment Corporation
Related Stocks/Topics: MSFT|Markets|INTC|GOOG|AAPL
Title: Why Exploding Trade Deficit Fears Are Hogwash
Type: News
Publication: SeekingAlpha
Publication Author: Unknown
Date: 2010-06-13 04:50:00
Article: ** [Wade Slome](http://investingcaffeine.com/) submits:**Like a B-rated horror movie using the same old cliches (i.e., girl home alone with serial killer on the loose or a concealed intruder hidden in the back seat of a car), one of the financial cliches that persists today is the belief that the United States trade deficit will result in financial ruin for our economy. The recent widening of the trade deficit to $40.3 billion makes this economic issue a topical discussion. Enter Andy Kessler, former hedge fund manager and author of [Running Money](http://www.amazon.com/Running-Money-Honchos-Monster-Markets/dp/0060740647) . He believes the stale exploding trade deficit arguments are hogwash, primarily due to his "margin surplus" theory articulated in his book and Wall Street Journal article entitled, [We Think, They Sweat](http://www.andykessler.com/andy_kessler/2004/12/wsj_we_think_th.html#more) . **Profiting from Trade Deficits** The absolute numbers used by Kessler in his Toshiba (TOSBF.PK) laptop example might have changed since his book was first published in 2004, but this margin surplus theory example is just as relevant today as it was back then. Here is an excerpt from his book: In this illustration, government statistics would recognize a $1,000 contribution to our bloating trade deficit figures, even though nearly 90% of the laptop profits would be flowing ("surplus-ing") back to the U.S. Hmmm, maybe this trade deficit thing isn't as evil as it is portrayed in the popular media, or perhaps we are measuring it incorrectly? Kessler makes the case that Gross Domestic Product (([GDP](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GDP&selected=GDP)) )) is not the most important economic gauge, but rather the real crucial GDP metric is actually Gross Domestic PROFIT **.** He adds the best indicator for economic profits is the stock market, and as foreigners seek more productive returns on their cash beyond the 3% Treasury yields, they will eventually filter back their dollar currency reserves into stocks and other more productive asset classes. **Brain Driven Economy** You don't have to be a brain surgeon to realize our roots as an industrial economy have shifted to an intellectual property economy. So while we may be exporting low-skilled labor jobs to China and other low-cost regions, our country is also creating higher-skilled, higher-paying jobs at innovative growing companies such as Google Inc. ([GOOG](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=GOOG&selected=GOOG)) ) and Apple Inc. ([AAPL](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AAPL&selected=AAPL)) ). Case in point, flip an Apple iPod over and read the fine print on the back - it reads, "Assembled in China…Designed by Apple in California." Once again, the commoditized aspects of slapping together a widget have been outsourced to workers in far-off lands for a small fraction of what American workers earn. If improving the standard of living is our goal, then transferring low paying jobs to foreigners should not be a concern. According to Kessler, $70 in iPod profits (versus $4 for the Chinese assemblers) from this unique, differentiated device has generated millions in profits, which in turn can be used for the creation of desirable, high-paying jobs here in the U.S. **Selling the Farm** Warren Buffett has a different view about our trade deficits and the directional value of the U.S. dollar. He perceives our economy as a fixed size farm that is selling $2 billion pieces of the farm to foreigners on a daily basis. Buffet adds: Over time, Buffett believes future generations will resent paying for the gluttony of consumption by prior generations and foreigners will demand a higher interest rate for their loans. What I believe Buffett fails to consider is that the farm is not static. As we sell off $2 billion chunks of the farm, portions of those proceeds are being used to adjoin additions, buy new farms, build adjacent wind turbines, and/or incorporate other productive uses. Now if the proceeds were used to solely purchase bon-bons and doughnuts, then indeed we would be in trouble. Ultimately, the financial markets will be the true arbiter of how efficiently the foreign capital is being invested and will dictate the level of rates paid on the loans. From a pure cash management standpoint, as long as rates remain low, stretching out payables is a good practice for our economy's cash management (i.e., it's desirable to collect early and pay late).The flip side of the argument explains how the farm sale proceeds from our asset sales to foreigners (such as our real estate, our Treasuries, and our stocks) can be employed in a productive manner. The Buffett argument says that our farm will eventually be completely sold to foreigners or they will hold a gun to our head asking for higher interest rates to fund our deficits. The problem with that argument is that the money received from the farm sales (Treasuries, stocks, real estate, etc.) can be (and is) used to build new farms. And that is the key question…are all these deficit building dollars being used to create new, innovative, job creating companies like Google and Apple, or are these dollars being redeployed into unproductive uses (e.g., worthless t-shirts and lead-filled toys from China, or funding of bailouts and cash-for-clunkers waste) ?At the end of the day, money goes where it is treated best - meaning global capital seeks the royal treatment in locations where profits reign supreme. So rather than relying on rusty, obsolete statistics measuring the balance of trade (i.e., trade deficits and GDP), investors would be better served by taking a page from Andy Kessler's book. Following the principles of "margin surplus" will increase the probabilities of profiting from global capital flows. **Disclosure:** Sidoxia Capital Management (([SCM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SCM&selected=SCM)) )) and some of its clients own certain exchange traded funds, Treasury securities, GOOG, and AAPL, but at the time of publishing SCM had no direct positions in Toshiba (TOSBF.PK), Intel ([INTC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=INTC&selected=INTC)) ), Berkshire Hathaway ([[BRK.A]] or [[BRK.B]]) or any other security referenced in this article. No information accessed through the Investing Caffeine (([IC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=IC&selected=IC)) )) website constitutes investment, financial, legal, tax or other advice nor is to be relied on in making an investment or other decision.See also [The Pace of Innovation: What It's Doing to Our Economy](http://seekingalpha.com/article/212456-the-pace-of-innovation-what-it-s-doing-to-our-economy?source=nasdaq) on seekingalpha.com
Stock Price 4 days before: 0.0
Stock Price 2 days before: 0.0
Stock Price 1 day before: 0.0
Stock Price at release: 0.0
Risk-Free Rate at release: 0.0002
| 0 |
Symbol: LZB
Security: La-Z-Boy Incorporated
Related Stocks/Topics: CBOE|Markets|SPX|CPI
Title: Opening View: DJIA, SPX Bulls Seek Third Win in a Row; VIX Drops Below 30
Type: News
Publication: Schaeffer
Publication Author: Unknown
Date: 2010-06-14 07:54:00
Article: Market bulls are looking to extend their winning streak to three sessions in a row this morning, as futures on the Dow Jones Industrial Average ([DJIA](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=DJIA&selected=DJIA)) ) are pointing toward a gain of about 59 points on the open. Similarly, the S&P 500 Index ([SPX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=SPX&selected=SPX)) ) is set for a gain of about 5 points at the start of regular trading. Last week saw the major market indexes set new annual lows, but a nearly 300-point rally on Thursday placed the DJIA back above the 10,000 mark, allowing the Dow to close above its 10-day and 20-day moving averages for the first time since May 3. However, the DJIA is still staring up at resistance in the 10,250-10,300 area, a region that could come into play early this morning if pre-market trading is any indication. Meanwhile, the SPX also closed above its 10-day and 20-day trendlines, but could find resistance in the 1,100 region. What's more, the index must also contend with its 200-day trendline in the 1,108 area. Finally, the CBOE Market Volatility Index ([VIX](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=VIX&selected=VIX)) ) plunged below the 30 level on Friday, but the fear index could find support in the 28 area, which is home to its 10-week moving average.In earnings news, video game maker THQ Inc. ([THQI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=THQI&selected=THQI)) ) lowered its fiscal first-quarter and full-year earnings and sales guidance this morning. For the fiscal first quarter, the company expects non-GAAP net sales to be between $155 million and $165 million, below its previous outlook in the range of $190 million to $200 million. THQI also expects a fiscal first-quarter non-GAAP loss per share in the range of 20 cents to 30 cents, compared with its previous outlook of breakeven. For the year it sees adjusted sales between $845 million and $865 million, compared to a previous view of $905 million to $920 million, and breakeven earnings compared to a 25 cent to 30 cent per share profit. Finally, Cablevision Systems Corp. ([CVC](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CVC&selected=CVC)) ) announced that it is buying Bresnan Communications from Providence Equity Partners in a deal valued at nearly $1.4 billion. Bresnan operates cable systems in Colorado, Montana, and Wyoming with more than 300,000 subscribers. **Earnings Preview** On the earnings front, La-Z-Boy Inc. ([LZB](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=LZB&selected=LZB)) ) is slated for release today. Keep your browser at ** [SchaeffersResearch.com](http://www.schaeffersresearch.com/)** for more news as it breaks. **Economic Calendar** For the economic calendar, there is nothing slated for Monday, while Tuesday brings the release of the Empire State Manufacturing Index for June along with import/export data. Wednesday brings the release of weekly crude inventories, May housing starts, the May Producer Price Index ([PPI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=PPI&selected=PPI)) ) and core PPI, and May industrial production data. Thursday will be chock full of economic data. Traders will get a look at initial jobless claims, the May Consumer Price Index ([CPI](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CPI&selected=CPI)) ) and core CPI, the Conference Board's leading indicators index for May, and the Philadelphia Fed Index for June. Friday closes with no major economic reports. **Market Statistics** Equity option activity on the Chicago Board Options Exchange ([CBOE](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=CBOE&selected=CBOE)) ) saw 873,051 call contracts traded on Friday, compared to 614,102 put contracts. The resultant single-session put/call ratio arrived at 0.70, while the 21-day moving average came in at 0.67. [Volatility indices](http://www.schaeffersresearch.com/images/commentary/2010/100614ov1.gif) [NYSE and Nasdaq summary](http://www.schaeffersresearch.com/images/commentary/2010/100614ov2.gif)**The volume data shown above is from the Nasdaq and NYSE exchanges only. It does not include regional volume activity, which means that other daily volume quotes you see may be higher. ** [Dow, S&P and Nasdaq futures](http://www.schaeffersresearch.com/images/commentary/2010/100614ov3.gif) Every morning, our research staff analyzes the prior day and the overnight markets, and monitors the morning wires to give you an accurate preview of the day to come. If you enjoyed today's edition of Opening View, sign up ** [here](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=O&CODE=SIRG07D)** for free daily delivery, straight to your inbox, before the opening bell. **Overseas Trading** Overseas trading is strong this morning, as nine of the 10 foreign indexes that we track are in positive territory. The cumulative average return on the collective stands at a gain of 0.92%. In Asia, stocks climbed, led by a rally in the technology sector. Australia markets were closed for the Queen's birthday, while China's share markets will be closed through Wednesday due to the Dragon Boat Festival holiday. In Europe, regional indexes rose for the fourth consecutive session, hitting a four-week high on growing investor confidence over the global economic recovery. Comments from Greece's prime minister late on Friday also helped soothe worries over Europe's debt crisis. Overseas market information comes to you courtesy of [Schaeffer's Daily Bulletin](http://www.schaeffersresearch.com/ajax/SchaefferEzineSignUp.aspx?ezine=D&CODE=UB08FREE14) . [Overseas markets](http://www.schaeffersresearch.com/images/commentary/2010/100614ov4.gif)**Currencies and Commodities** The U.S. dollar is taking a hit this morning after analysts at UBS said that they expect the Federal Reserve and the European Central Bank to keep interest rates on hold due to Europe's debt woes. At last check, the U.S. Dollar Index was down 1.14% at 86.51 in pre-market trading. Elsewhere, crude futures are gaining ground due to the dollar's weakness. Specifically, the most active contract has added nearly 2% to rest at $76.84 per barrel in electronic trading. Finally, gold has retreated this morning, losing 40 cents to rest at $1,229.80 an ounce in London. [Currencies and commodities](http://www.schaeffersresearch.com/images/commentary/2010/100614ov5.gif)****Unusual Put and Call Activity:For an explanation of how to use this information, check out our [Education Center](http://www.schaeffersresearch.com/schaeffersu/) topics on [Option Volume](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?ID=220#220) and [Open Interest Configurations](http://www.schaeffersresearch.com/schaeffersu/content/expectational+analysis+sentiment+option+volume+and+put/call+volume+ratio/Education.aspx?id=221) . [Unusual options activity - puts](http://www.schaeffersresearch.com/images/commentary/2010/100614ov6.gif) [Unusual options activity - calls](http://www.schaeffersresearch.com/images/commentary/2010/100614ov7.gif)** [Click here for the new spring issue of SENTIMENT magazine](http://www.schaeffersresearch.com/redirect.aspx?CODE=SIRMAG10DGENERAL&PAGE=1)** All Rights Reserved. Unauthorized reproduction of any SIR publication is strictly prohibited.
Stock Price 4 days before: 11.0212
Stock Price 2 days before: 12.2878
Stock Price 1 day before: 12.4289
Stock Price at release: 12.4386
Risk-Free Rate at release: 0.0002
| 8.1917 |
Symbol: NEWT
Security: Newtek Business Services Corp.
Related Stocks/Topics: TSEM|Markets|AEHR|CTHR|EMMS|M|CHCI|MGIC|ACLS|SLP|MNDO|PATK
Title: Hot Penny Stocks to Buy - 24 Bargains Under $3
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-14 10:57:00
Article: One of my favorite [simple trading strategies](http://www.investorplace.com/experts/jeff_reeves/trading-strategies-rules-for-buying-stocks.html) for individual investors is to put your retirement money in a growing stock. That sounds pretty straightforward, but many investors quickly realize it's not as simple an investing strategy as it seems - especially when it comes to finding hot penny stocks to buy now. After all, many of the big-name stocks to buy that you hear about every day are massive blue chips that have already seen their biggest growth. And some of the penny stocks that are small up-and-comers are aggressive, risky investments that could cost you everything.So how do you find growing stocks - and specifically for smaller investors, the best penny stocks to buy? My advice to you is to look closely at the numbers. That means taking a hard look at earnings, sales and estimates for each investment you think is worthy of your retirement money. **Related Article:**** [ETF Funds](http://www.investorplace.com/etf-advice/etf-exchange-traded-fund-investment-strategy-bond-investing-claymore-bulletshares.html) - The Best Way to Play Bonds** Take one of my favorite penny stocks to buy, **Antares Pharma Inc.** ([AIS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIS&selected=AIS)) ). This penny stock is a leading healthcare equipment company that focuses on self-injection pharmaceutical products and technologies, and topical gel-based products. Though the company is not yet profitable, it has narrowed its loss in each of the last three quarters and has met or exceeded Wall Street expectations in each of these periods. That's a sign of positive momentum for this penny stock. Also worth noting is that investors everywhere have been snatching up AIS stock - with shares up a whopping 57% year-to-date! (By the way, antares was one of my favorite [penny stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-to-buy-investment-sirius-xm-siri-stock-tsem-tower-semiconductor-tiii-igoi-hpol-newt-drj-ais-imos-lmlp.html) last week, too)**Related Article: [Asset Bubbles](http://www.investorplace.com/experts/ed_elfenbein/asset-bubble-investment-amazon-amzn-ebay-yahoo-yhoo-stock.html) - Past, Present and Future** Another great penny stock to buy is apparel manufacturer **Joes Jeans** ([JOEZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOEZ&selected=JOEZ)) ). JOEZ stock is up more than +70% year-to-date thanks to strong earnings and sales. Despite its premium clothing with expensive prices, Joes Jeans has turned a quarterly profit in each of the last four periods - including fourth-quarter profit that topped Wall Street estimates by 400%! That's earnings growth you can take to the bank, making JOEZ a great penny stock to buy now. **Related Article: [Target vs Walmart](http://www.investorplace.com/experts/jim_woods/target-tgt-walmart-wmt-stock-earnings-buy-sell-same-store-sales.html) - Which Retail Stock is Better?** Finally, let's look at **Tower Semiconductor** ([TSEM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSEM&selected=TSEM)) ). The stock is up +51% year-to-date, and is benefitting from a new tech boom as consumers continue to snatch up high-tech electronics even though other areas of spending are lagging. TSEM's 1Q earnings report topped expectations by 366%, and the semiconductor stock has seen a number of upwards revisions in recent weeks to next quarter's numbers. That means yet another impressive earnings surprise could be in the works as Tower Semiconductor keeps raising the bar. (P.S. I also highlighted [Tower Semiconductor](http://www.investorplace.com/experts/louis_navellier/articles/tower-semiconductor-tsem-penny-stock-to-buy-investment.html) last week as a great penny stock to buy. It's up +7% in the last five trading days, proving I made a pretty good call!)**Related Article: Check Out My Top 3 [Semiconductor Stocks to Buy](http://www.investorplace.com/experts/louis_navellier/articles/tech-stock-picks-semiconductor-cree-issi-integrated-silicon-volterra-vltr.html)**You get the idea from these three examples. As you can see, following the numbers provides the clearest reasons to buy stocks. That goes for big blue chips, but also for penny stocks too. And when you're searching for the best low-priced penny stocks to buy, having concrete numbers is invaluable.To help you build a portfolio full of some growing penny stocks, check out these 24 picks that were all trading at less than $3 as of this morning's opening bell.As of this writing, Louis Navellier did not own a position in any of these stocks in personal or client portfolios. ******Related Articles:** - [Apple iPhone 4 to Debut at Walmart](http://www.investorplace.com/experts/jeff_reeves/apple-iphone-walmart-sales-aapl-google-android-goog-aapl-wmt.html) - How much do you know about [dividend stock investing](http://www.investorplace.com/dividend-stocks/dividend-stock-investing-quiz-part11.html) ? Find out in a quick, free quiz! - [Dell SEC settlement](http://www.investorplace.com/experts/paul_ausick/articles/dell-computer-sec-investigation-settlement-intel-intc-advanced-micro-devices-amd.html) - Stock reserves $100 million for case
Stock Price 4 days before: 1.33717
Stock Price 2 days before: 1.31865
Stock Price 1 day before: 1.31935
Stock Price at release: 1.3192
Risk-Free Rate at release: 0.0002
| 1.37806 |
Symbol: AEHR
Security: Aehr Test Systems
Related Stocks/Topics: TSEM|Markets|CTHR|EMMS|M|NEWT|CHCI|MGIC|ACLS|SLP|MNDO|PATK
Title: Hot Penny Stocks to Buy - 24 Bargains Under $3
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-14 10:57:00
Article: One of my favorite [simple trading strategies](http://www.investorplace.com/experts/jeff_reeves/trading-strategies-rules-for-buying-stocks.html) for individual investors is to put your retirement money in a growing stock. That sounds pretty straightforward, but many investors quickly realize it's not as simple an investing strategy as it seems - especially when it comes to finding hot penny stocks to buy now. After all, many of the big-name stocks to buy that you hear about every day are massive blue chips that have already seen their biggest growth. And some of the penny stocks that are small up-and-comers are aggressive, risky investments that could cost you everything.So how do you find growing stocks - and specifically for smaller investors, the best penny stocks to buy? My advice to you is to look closely at the numbers. That means taking a hard look at earnings, sales and estimates for each investment you think is worthy of your retirement money. **Related Article:**** [ETF Funds](http://www.investorplace.com/etf-advice/etf-exchange-traded-fund-investment-strategy-bond-investing-claymore-bulletshares.html) - The Best Way to Play Bonds** Take one of my favorite penny stocks to buy, **Antares Pharma Inc.** ([AIS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIS&selected=AIS)) ). This penny stock is a leading healthcare equipment company that focuses on self-injection pharmaceutical products and technologies, and topical gel-based products. Though the company is not yet profitable, it has narrowed its loss in each of the last three quarters and has met or exceeded Wall Street expectations in each of these periods. That's a sign of positive momentum for this penny stock. Also worth noting is that investors everywhere have been snatching up AIS stock - with shares up a whopping 57% year-to-date! (By the way, antares was one of my favorite [penny stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-to-buy-investment-sirius-xm-siri-stock-tsem-tower-semiconductor-tiii-igoi-hpol-newt-drj-ais-imos-lmlp.html) last week, too)**Related Article: [Asset Bubbles](http://www.investorplace.com/experts/ed_elfenbein/asset-bubble-investment-amazon-amzn-ebay-yahoo-yhoo-stock.html) - Past, Present and Future** Another great penny stock to buy is apparel manufacturer **Joes Jeans** ([JOEZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOEZ&selected=JOEZ)) ). JOEZ stock is up more than +70% year-to-date thanks to strong earnings and sales. Despite its premium clothing with expensive prices, Joes Jeans has turned a quarterly profit in each of the last four periods - including fourth-quarter profit that topped Wall Street estimates by 400%! That's earnings growth you can take to the bank, making JOEZ a great penny stock to buy now. **Related Article: [Target vs Walmart](http://www.investorplace.com/experts/jim_woods/target-tgt-walmart-wmt-stock-earnings-buy-sell-same-store-sales.html) - Which Retail Stock is Better?** Finally, let's look at **Tower Semiconductor** ([TSEM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSEM&selected=TSEM)) ). The stock is up +51% year-to-date, and is benefitting from a new tech boom as consumers continue to snatch up high-tech electronics even though other areas of spending are lagging. TSEM's 1Q earnings report topped expectations by 366%, and the semiconductor stock has seen a number of upwards revisions in recent weeks to next quarter's numbers. That means yet another impressive earnings surprise could be in the works as Tower Semiconductor keeps raising the bar. (P.S. I also highlighted [Tower Semiconductor](http://www.investorplace.com/experts/louis_navellier/articles/tower-semiconductor-tsem-penny-stock-to-buy-investment.html) last week as a great penny stock to buy. It's up +7% in the last five trading days, proving I made a pretty good call!)**Related Article: Check Out My Top 3 [Semiconductor Stocks to Buy](http://www.investorplace.com/experts/louis_navellier/articles/tech-stock-picks-semiconductor-cree-issi-integrated-silicon-volterra-vltr.html)**You get the idea from these three examples. As you can see, following the numbers provides the clearest reasons to buy stocks. That goes for big blue chips, but also for penny stocks too. And when you're searching for the best low-priced penny stocks to buy, having concrete numbers is invaluable.To help you build a portfolio full of some growing penny stocks, check out these 24 picks that were all trading at less than $3 as of this morning's opening bell.As of this writing, Louis Navellier did not own a position in any of these stocks in personal or client portfolios. ******Related Articles:** - [Apple iPhone 4 to Debut at Walmart](http://www.investorplace.com/experts/jeff_reeves/apple-iphone-walmart-sales-aapl-google-android-goog-aapl-wmt.html) - How much do you know about [dividend stock investing](http://www.investorplace.com/dividend-stocks/dividend-stock-investing-quiz-part11.html) ? Find out in a quick, free quiz! - [Dell SEC settlement](http://www.investorplace.com/experts/paul_ausick/articles/dell-computer-sec-investigation-settlement-intel-intc-advanced-micro-devices-amd.html) - Stock reserves $100 million for case
Stock Price 4 days before: 2.28897
Stock Price 2 days before: 2.21153
Stock Price 1 day before: 2.20077
Stock Price at release: 2.23368
Risk-Free Rate at release: 0.0002
| 1.8 |
Symbol: MGIC
Security: Magic Software Enterprises Ltd.
Related Stocks/Topics: TSEM|Markets|AEHR|CTHR|EMMS|M|NEWT|CHCI|ACLS|SLP|MNDO|PATK
Title: Hot Penny Stocks to Buy - 24 Bargains Under $3
Type: News
Publication: Louis Navellier
Publication Author: Unknown
Date: 2010-06-14 10:57:00
Article: One of my favorite [simple trading strategies](http://www.investorplace.com/experts/jeff_reeves/trading-strategies-rules-for-buying-stocks.html) for individual investors is to put your retirement money in a growing stock. That sounds pretty straightforward, but many investors quickly realize it's not as simple an investing strategy as it seems - especially when it comes to finding hot penny stocks to buy now. After all, many of the big-name stocks to buy that you hear about every day are massive blue chips that have already seen their biggest growth. And some of the penny stocks that are small up-and-comers are aggressive, risky investments that could cost you everything.So how do you find growing stocks - and specifically for smaller investors, the best penny stocks to buy? My advice to you is to look closely at the numbers. That means taking a hard look at earnings, sales and estimates for each investment you think is worthy of your retirement money. **Related Article:**** [ETF Funds](http://www.investorplace.com/etf-advice/etf-exchange-traded-fund-investment-strategy-bond-investing-claymore-bulletshares.html) - The Best Way to Play Bonds** Take one of my favorite penny stocks to buy, **Antares Pharma Inc.** ([AIS](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=AIS&selected=AIS)) ). This penny stock is a leading healthcare equipment company that focuses on self-injection pharmaceutical products and technologies, and topical gel-based products. Though the company is not yet profitable, it has narrowed its loss in each of the last three quarters and has met or exceeded Wall Street expectations in each of these periods. That's a sign of positive momentum for this penny stock. Also worth noting is that investors everywhere have been snatching up AIS stock - with shares up a whopping 57% year-to-date! (By the way, antares was one of my favorite [penny stocks to buy](http://www.investorplace.com/experts/louis_navellier/articles/penny-stocks-to-buy-investment-sirius-xm-siri-stock-tsem-tower-semiconductor-tiii-igoi-hpol-newt-drj-ais-imos-lmlp.html) last week, too)**Related Article: [Asset Bubbles](http://www.investorplace.com/experts/ed_elfenbein/asset-bubble-investment-amazon-amzn-ebay-yahoo-yhoo-stock.html) - Past, Present and Future** Another great penny stock to buy is apparel manufacturer **Joes Jeans** ([JOEZ](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=JOEZ&selected=JOEZ)) ). JOEZ stock is up more than +70% year-to-date thanks to strong earnings and sales. Despite its premium clothing with expensive prices, Joes Jeans has turned a quarterly profit in each of the last four periods - including fourth-quarter profit that topped Wall Street estimates by 400%! That's earnings growth you can take to the bank, making JOEZ a great penny stock to buy now. **Related Article: [Target vs Walmart](http://www.investorplace.com/experts/jim_woods/target-tgt-walmart-wmt-stock-earnings-buy-sell-same-store-sales.html) - Which Retail Stock is Better?** Finally, let's look at **Tower Semiconductor** ([TSEM](http://quotes.nasdaq.com/asp/SummaryQuote.asp?symbol=TSEM&selected=TSEM)) ). The stock is up +51% year-to-date, and is benefitting from a new tech boom as consumers continue to snatch up high-tech electronics even though other areas of spending are lagging. TSEM's 1Q earnings report topped expectations by 366%, and the semiconductor stock has seen a number of upwards revisions in recent weeks to next quarter's numbers. That means yet another impressive earnings surprise could be in the works as Tower Semiconductor keeps raising the bar. (P.S. I also highlighted [Tower Semiconductor](http://www.investorplace.com/experts/louis_navellier/articles/tower-semiconductor-tsem-penny-stock-to-buy-investment.html) last week as a great penny stock to buy. It's up +7% in the last five trading days, proving I made a pretty good call!)**Related Article: Check Out My Top 3 [Semiconductor Stocks to Buy](http://www.investorplace.com/experts/louis_navellier/articles/tech-stock-picks-semiconductor-cree-issi-integrated-silicon-volterra-vltr.html)**You get the idea from these three examples. As you can see, following the numbers provides the clearest reasons to buy stocks. That goes for big blue chips, but also for penny stocks too. And when you're searching for the best low-priced penny stocks to buy, having concrete numbers is invaluable.To help you build a portfolio full of some growing penny stocks, check out these 24 picks that were all trading at less than $3 as of this morning's opening bell.As of this writing, Louis Navellier did not own a position in any of these stocks in personal or client portfolios. ******Related Articles:** - [Apple iPhone 4 to Debut at Walmart](http://www.investorplace.com/experts/jeff_reeves/apple-iphone-walmart-sales-aapl-google-android-goog-aapl-wmt.html) - How much do you know about [dividend stock investing](http://www.investorplace.com/dividend-stocks/dividend-stock-investing-quiz-part11.html) ? Find out in a quick, free quiz! - [Dell SEC settlement](http://www.investorplace.com/experts/paul_ausick/articles/dell-computer-sec-investigation-settlement-intel-intc-advanced-micro-devices-amd.html) - Stock reserves $100 million for case
Stock Price 4 days before: 2.10551
Stock Price 2 days before: 2.12198
Stock Price 1 day before: 2.12961
Stock Price at release: 2.16129
Risk-Free Rate at release: 0.0002
| 2.38839 |
Subsets and Splits