Archive for July, 2009
($BLK) BlackRock, Inc. – Momentum – Zacks Rank Buy
BlackRock, Inc. (BLK) reported solid second-quarter results on July 21 that marked a nice improvement from just last quarter. The company is also working on closing a deal to acquire Barclay’s lucrative iSHares ETF business for $13.5 billion. Company Description BlackRock...
22Jul2009 | Shawn | 0 comments | Continued(ISLE) Isle of Capri Casinos – been consolidating in the lower teens since the earnings report
Isle of Capri Casinos (ISLE) has crushed analysts’ estimates and the consensus estimate for next year are up sharply. Company Description Isle of Capri develops and owns hotel and casinos in the U.S. with the same name as the corporation. Additionally the company has casinos...
22Jul2009 | Shawn | 0 comments | Continued($SBUX) Starbucks Climbing Back
by The Investment U Research Team In a rare bit of truly positive earnings, Starbucks (Nasdaq: SBUX) announced that it earned $151 million in the third quarter compared to a loss of $6.7 million last year. This news sent the shares up over 10%. Even as overall sales were down,...
22Jul2009 | InvestmentU | 0 comments | Continued(UPS) Transportation – Industry Outlook
Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price gain/(loss) has been mixed for industries in the Zacks transportation universe, with all industries...
21Jul2009 | Shawn | 0 comments | Continued(PMI) Is the yield curve indicating better tidings?
While the deflation/inflation debate rages on, the jump in US government bond yield (and stronger commodities and weaker US dollar) seems to indicate that deflationary pressures are moderating. The chart of the US 10-year Treasury Note yield shows a clear uptrend since the end...
21Jul2009 | prieur | 0 comments | ContinuedPinpointing the recovery
By Cees Bruggemans At what point does GDP (the value of all goods and services produced in the economy, excluding inflation) stop dropping, ending recession? When does activity start rising again, heralding recovery? Recession endings and recovery starts depend on what the level...
21Jul2009 | prieur | 0 comments | Continued(ROVI) Rovi Corp. – Momentum – Zacks Rank Buy
Rovi Corp. (ROVI) is leveraging its progressive technology to score big revenue and share price gains. The company’s stock price is up more than 200% in the last 6 months on strong earnings and bullish projections. Company Description Rovi Corporation provides various solutions...
21Jul2009 | Shawn | 0 comments | Continued(CE) Chemicals & Fertilizers – global slowdown in economic growth will directly affect the chemical industry
Overview – Neutral OPPORTUNITIES The industry is divided into commodity chemicals (45%) and specialty chemicals (55%). The commodity segment tends to be more concentrated, and cost reductions, improving yield from better technology and economies of scale are important....
21Jul2009 | Shawn | 0 comments | Continued($GS) Goldman Sachs Group Inc. – Saw Record Quarterly Revenue
Goldman Sachs Group Inc. (GS), the global financial services firm, recently reported a much better than expected second quarter that surprised by 40.06%. While everyone is talking about the blow-out quarter, not many people realize that Goldman Sachs is a value stock, trading...
21Jul2009 | Shawn | 0 comments | Continued($LFT) Longtop Financial Tech. – all 4 analysts providing estimates for 2010 raise their forecasts
Longtop Financial Technologies, Ltd (LFT) topped analyst estimates and investors continue to flock to Chinese stocks. Company Description Longtop is a leading software development and solutions provider targeting the financial services industry in China. Longtop develops and...
21Jul2009 | Shawn | 0 comments | Continued(CAT) Earnings Optimism Hides Ugly Truth
by The Investment U Research Team The mood seems to have soured on Wall Street since its bounce early this morning. And if you peer beneath the headlines, you can see why. The big news has been Caterpillar’s (NYSE: CAT) earnings, which tripled analyst’s expectations. But...
21Jul2009 | InvestmentU | 0 comments | Continued(DWA) DreamWorks Animation SKG – Stock of the Day
Judith Martin, The Investment U Research Team For less than the cost of just one mango margarita – I won’t get into the cost of the popcorn – you could be in an air-conditioned theater with friends or family for the matinee showing of a summer blockbuster. Like many looking...
21Jul2009 | InvestmentU | 0 comments | Continued(CZZ) Three Ways to “Sweeten” Your Portfolio
Tony Daltorio, The Investment U Research Team Money can often be made in investment backwaters where few others are fishing for profits. This is in stark contrast, for example, to the technology sector where everyone in the Wall Street community is fishing for the next Moby...
21Jul2009 | InvestmentU | 0 comments | ContinuedValue Investing: Following in The Footsteps of Sir John Templeton
by Alexander Green, Advisory Panelist Last week I had a chance to speak with hundreds of investors at FreedomFest in Las Vegas. I can tell you that the mood out there right now is unremittingly bleak. And when it comes to value investing, that’s cause for celebration. Here’s...
20Jul2009 | InvestmentU | 0 comments | Continued(CIT) CIT Rescue Shows Credit Isn’t Dead
by The Investment U Research Team We may not be out of the woods yet in terms of the global economic picture, but the news from CIT Group (NYSE: CIT) is a big indicator that things are getting (slightly) better. CIT announced that it would take a $3 billion loan from their...
20Jul2009 | InvestmentU | 0 comments | Continued$APSG – Applied Signal Technology – once again beat analysts’ expectations
Applied Signal Technology, Inc. (APSG) is up sharply since its original feature as an aggressive growth Zacks Rank Buy in April. Shares are indeed up for the industrial and defense communications company, but volatility is rampant. APSG was trading near $20, but has since set...
20Jul2009 | Shawn | 0 comments | Continued$PCLN – Priceline.com – Sales were up 15% from last year
Priceline.com (PCLN) has rebounded very nicely after taking a dip last year in the weak economy. The company’s share price has more than doubled in the last 6 months, helped by strong first-quarter results, reported on May 11. First-Quarter Results Sales were up 15% from...
20Jul2009 | Shawn | 0 comments | Continued(LZ) Lubrizol Corp. – Growth And Income – Zacks Rank Buy
Lubrizol Corp. (LZ) recently spiked on its preannouncement of second-quarter earnings that are projected to come in above expectations. LZ Hikes Outlook The company sees adjusted earnings of $2.02 per share. The quarterly results are scheduled for release on July 30. Shares have...
20Jul2009 | Shawn | 0 comments | Continued(GTLS) Chart Industries, Inc. – Value – Zacks Rank Buy
Chart Industries, Inc. (GTLS), which manufactures equipment used in the production, storage and end-use of hydrocarbon and industrial gases, has faced challenging economic conditions since I last reviewed it in September 2008. However, the company continues to surprise on estimates...
20Jul2009 | Shawn | 0 comments | Continued(EWV) Japan’s Darkest Days Lay Ahead
Ryan Cole, The Investment U Research Team Bet against Japan. It pains me to say it. I lived in Japan for five years – great years. I love the country, I love the people, I love the cherry blossoms in spring and the festivals in the streets and the poetic dewdrop in my window...
17Jul2009 | InvestmentU | 0 comments | Continued(PWRD) Perfect World Co – current full-year consensus is now $2.48, up from $2.12
Perfect World Co., Ltd (PWRD) continues to gain after a great quarter and recently raising guidance. Company Description Perfect World develops online gaming in China. The company specializes in huge multi-player games that drive revenue through either time spent playing or individual...
17Jul2009 | Shawn | 0 comments | Continued(MIDD) Middleby Corporation – Value – Zacks Rank Buy
Middleby Corporation (MIDD), which makes equipment for commercial food processing, has surprised on estimates 3 out of the last 4 quarters by an average of 20.96%. The company has a PEG ratio of just 0.63. Company Description Middleby Corporation manufactures equipment used for...
17Jul2009 | Shawn | 0 comments | Continued(RINO) RINO International Corp. – Momentum – Zacks Rank Buy
RINO International Corp. (RINO) has more than doubled in the last 2 months, fueled by strong demand for the company’s products and services as China turns its attention to pollution control. Company Description RINO International Corp. designs, manufactures and services...
17Jul2009 | Shawn | 0 comments | Continued$GLW Corning Incorporated – Growth And Income – Zacks Rank Buy
Corning Incorporated (GLW) just declared a quarterly dividend of 5 cents per share, noting that it is payable September 30 to holders of record on August 31. The company offers an industry-leading dividend yield of 1.3%. Company Description Corning makes specialty glass and ceramics....
17Jul2009 | Shawn | 0 comments | Continued($JAS) Jo-Ann Stores – projections would be year-over-year earnings growth of 31% and 30%, respectively
Jo-Ann Stores, Inc. (JAS) is expected to grow 30% over each of the next two years and recently topped analyst estimates. Company Description Jo-Ann Stores is a retailer for fabric and crafts for hobbyists. Stores stock everything for activities such as sewing, scrap booking,...
17Jul2009 | Shawn | 0 comments | Continued$EL – solid forecasts from analysts ahead of reporting next month for the fiscal fourth quarter and full year.
The Estee Lauder Companies Inc. (EL) is seeing solid forecasts from analysts ahead of reporting next month for the fiscal fourth quarter and full year. For the year, the average earnings estimate of $1.43 per share is 4% above the 3 months-ago level. Company Description Estee...
17Jul2009 | Shawn | 0 comments | Continued(NGS) – surprised on estimates 4 quarters in a row by an average of 18.70% despite difficult economic conditions
Natural Gas Services Group, Inc. (NGS), a provider of compressors to the natural gas industry, has surprised on estimates 4 quarters in a row by an average of 18.70% despite difficult economic conditions as natural gas prices have plunged. The company is trading with a forward...
17Jul2009 | Shawn | 0 comments | Continued(VLO) Two Big Reasons to Dump your Oil Refinery
Tony Daltorio, The Investment U Research Team Quite simply, this is not a good time to be in the business of refining oil in the United States. The obvious reason for this is the continuing recession which has led to lower demand for gasoline and other refined products. With...
17Jul2009 | InvestmentU | 0 comments | Continued(FISV) Software Sector – Industry Outlook
Outlook Global markets appear to be shaking off the recent unprecedented withering of the financial system and are looking for an upturn. But is it sustainable or is it a short-term event? So far, a string of drastic actions by the Federal Reserve and both the Bush and Obama...
17Jul2009 | Shawn | 0 comments | Continued(TCLP) TC Pipelines LP – Momentum – Zacks Rank Buy
TC Pipelines LP’s (TCLP) share price has more than doubled over the last 7 months as energy prices have been on the upswing. Valuations, however, are still in check, trading in line with the overall market. Company Description TC Pipelines, with its subsidiaries, transports...
17Jul2009 | Shawn | 0 comments | Continued