Archive for July, 2009
(HELE) Top Performer for Thurs: Helen of Troy- Zacks #1 Rank Top Performers
Helen of Troy Ltd. (HELE) came out this morning with its fiscal first-quarter report, which included better-than-expected earnings per share. As a result, shares are up more than 9% today, making HELE a Zacks #1 Rank Top Performer. Volume is well above average at approximately...
9Jul2009 | vitalstocks | 0 comments | Continued(CLNE) The Pickens Plan: Where Are We One Year Later?
by David Fessler, Advisory Panelist Earlier this week, T. Boone Pickens, the 81-year-old Chairman of BP Capital, appeared on CNBC’s Squawk Box to discuss the progress of the “Picken’s Plan.” Readers might remember it was during the heat of the Presidential campaign last...
9Jul2009 | InvestmentU | 0 comments | Continued(TEF) Telefonica Wins Palm Pre – Analyst Blog
Telefonica’s O2 and Movistar clinch Palm Pre deal On July 7, 2009, top Spanish telecom operator Telefonica (TEF) announced that it has been awarded the exclusive right to distribute Palm Inc’s (PALM) recently released smartphone “Pre” in the selected European markets. The...
8Jul2009 | vitalstocks | 0 comments | Continued(CAL) Wilmington Not a CAL Lender – Analyst Blog
Wilmington Trust is not a lender to Continental Airlines In a filing with SEC on July 1, 2009, Continental Airlines Inc (CAL) unveiled an agreement with Wells Fargo & Company (WFC) and Wilmington Trust Corporation (WL) for aircraft financing. Continental intended to issue...
8Jul2009 | vitalstocks | 0 comments | Continued(SD) Sandridge Moves Into Oversold Territory – Zacks Tale of the Tape
Sandridge Energy Inc.’s (SD) share price has entered into oversold territory with a stochastic value of 19.12. The Zacks #1 Rank (“Strong Buy”) stock has topped the consensus forecast in each of the last 4 quarters with an average surprise of 100.85%, or 7 cents per...
8Jul2009 | vitalstocks | 0 comments | Continued(LUV) Southwest’s June Traffic Dips – Zacks Tale of the Tape
Southwest Airlines Co. (LUV) announced today that it recorded a 2.1% decline in passenger traffic for June. The airline flew 6.7 billion revenue passenger miles (RPMs) last month, compared to 6.9 billion RPMs in the year-ago period. Available seat miles (ASMs), which indicate...
8Jul2009 | vitalstocks | 0 comments | Continued(JEF) Jefferies Group, Inc. – Momentum – Zacks Rank Buy
Jefferies Group, Inc. (JEF) pre-released very impressive second-quarter results on June 24 that are far ahead of analyst expectations. Company Description Jefferies Group, Inc., with its subsidiaries, operates as a securities and investment banking company domestically and internationally....
8Jul2009 | vitalstocks | 0 comments | Continued(SEIC) SEI Investments Co. – Growth And Income – Zacks Rank Buy
SEI Investments Co. (SEIC) continues to battle through a challenging environment, beating estimates in its last reported quarter, sending estimates higher. Company Description SEI Investments Company provides asset management processing and investment operations software solutions...
8Jul2009 | vitalstocks | 0 comments | Continued(MMSI) Merit Medical Systems, Inc. – Aggressive Growth – Zacks Rank Buy
Merit Medical Systems, Inc. (MMSI) boosted its net income by 28% in its latest earnings report. Company Description Merit Medical Systems, Inc. produces single-use medical products of high quality and superior value primarily for use in diagnosis and treatment of cardiovascular...
8Jul2009 | vitalstocks | 0 comments | Continued(CASY) Casey’s General Stores, Inc. – Value – Zacks Rank Buy
Casey’s General Stores, Inc. (CASY), the operator of convenience stores, had record earnings in fiscal 2009 and is optimistic about 2010 despite the struggling economy. CASY has surprised on estimates 2 out of the last 4 quarters by an average of 10.67%. The company has...
8Jul2009 | vitalstocks | 0 comments | Continued(PX) Praxair: Stock of the Day – a great infrastructure “pick & shovel” company
by David Fessler, Advisory Panelist Back in February, I profiled a great infrastructure “pick & shovel” company. Praxair (NYSE: PX) is a global Fortune 300 company, the largest industrial gases company in the Americas, and one of the largest in the world. Investors saw...
8Jul2009 | InvestmentU | 0 comments | Continued(MSFT) Google Takes MSFT Head on
by The Investment U Research Team Yesterday we were reading how Microsoft (Nasdaq: MSFT) has been getting pretty testy with reporters concerning questions over it’s strategy to break into the advertising market that Google (Nasdaq: GOOG) controls. Microsoft finds itself in...
8Jul2009 | InvestmentU | 0 comments | Continued(HLS) Healthsouth Corp. – Momentum – Zacks Rank Buy
Healthsouth Corp. (HLS) continues to rally on strong quarterly results and bullish earnings projections. Company Description HealthSouth Corp. provides inpatient rehabilitation services in the United States. The company own and operates more than 90 inpatient rehab hospitals,...
7Jul2009 | vitalstocks | 0 comments | Continued(BKE) Buckle, Inc – Aggressive Growth – Zacks Rank Buy
Buckle, Inc. (BKE) reported a great first quarter as sales, earnings, and forecasts are all on the rise. Company Description Buckle offers casual apparel for young men and women. The company’s stores are located in malls across the U.S., but clothing and accessories can...
7Jul2009 | vitalstocks | 0 comments | Continued(JEC) Stalled Infrastructure Projects: What it Means for Investors
by David Fessler, Advisory Panelist Make no mistake: Government and privately funded investment in public works projects – not bubble inducing, debt-financed consumer spending – will be the guiding light that leads the way out of this recession. The American Recovery...
7Jul2009 | InvestmentU | 0 comments | Continued(VPRT) Vistaprint Ltd. – Aggressive Growth – Zacks Rank Buy
VistaPrint Ltd. (VPRT) has surged since its original feature as a Zacks Rank Buy in March. Beat the Street On Apr 30 the Internet graphic designer topped Wall Street estimates when it reported third quarter earnings of $0.44 compared to an estimate of $0.37. EPS rose 37% on a...
7Jul2009 | vitalstocks | 0 comments | Continued(YUM) Yum Brands, Inc. – Growth And Income – Zacks Rank Buy
Yum Brands, Inc. (YUM) is set to report second-quarter earnings on July 14. The company is on a hot streak, surprising on estimates the last 4 quarters by an average of 9.19%. Chinese growth has been the big story at the company as first-quarter sales grew 12% in China with profit...
7Jul2009 | vitalstocks | 0 comments | Continued(MNRO) Monro Muffler Brake, Inc. – Momentum – Zacks Rank Buy
Monro Muffler Brake, Inc. (MNRO) reported great fourth-quarter and full-year results on May 28 that demonstrate how the company has benefited from consumers upgrading older cars instead of buying new. Fourth-Quarter Results Sales for the quarter were up 9% from last year to $117.1...
7Jul2009 | vitalstocks | 0 comments | Continued(DBRN) Dress Barn, Inc. – Value – Zacks Rank Buy
Dress Barn, Inc. (DBRN), the specialty retailer which operates dressbarn and maurice stores, announced on June 25 that it was merging with Tween Brands, Inc. (TWB) in a stock-for-stock transaction. Tween Brand specializes in tween retail which includes fashion merchandise and...
7Jul2009 | vitalstocks | 0 comments | Continued(SNX) SYNNEX Corporation – Value – Zacks Rank Buy
SYNNEX Corporation (SNX) sees market stabilization as the distributor of IT systems recently surprised on estimates for the fourth consecutive quarter. The company also offered up a higher than expected fiscal third quarter forecast. SNY trades with a PEG ratio of just 0.80. Company...
7Jul2009 | vitalstocks | 0 comments | Continued(NDSN) Nordson Corporation – Growth And Income – Zacks Rank Buy
Nordson Corporation (NDSN), the manufacturer of dispensing equipment, is using cost cutting to ride out the global slowdown. It has surprised on estimates 3 out of the last 4 quarters. The company continues to pay a healthy dividend far above others in its industry. Company Description Nordson...
7Jul2009 | vitalstocks | 0 comments | Continued(TUR) Words from the (investment) wise for the week that was (June 29 – July 5, 2009)
“Words from the Wise” this week again comes to you in a shortened format as I am still on the road in Europe and do not have access to my normal research resources. Although only brief commentary is provided, a full dose of excerpts from interesting news items and quotes...
5Jul2009 | prieur | 0 comments | ContinuedBarron’s Confidence Index points to bottoming of equities
As often stated in my weekly “Words from the Wise” reviews, a confidence indicator worth monitoring is the Barron’s Confidence Index. This Index is calculated by dividing the average yield on high-grade bonds by the average yield on intermediate-grade bonds. The discrepancy...
3Jul2009 | prieur | 0 comments | Continued(NAT) Nordic American Tanker – Income and More
Tony Daltorio, The Investment U Research Team One sector that is extremely sensitive to global economic activity is the international shipping industry. As the financial crisis turned into a category 5 hurricane last year, it blew the entire global economy off course –and...
2Jul2009 | InvestmentU | 0 comments | Continued(BRKA) Lessons for Apple in Mays, Madoff
by The Investment U Research Team In many ways Steve Jobs return to Apple (Nasdaq: AAPL) was overshadowed by the demise of Billy Mays and the Bernie Madoff’s sentencing. However, there are lessons for Apple in both of these men. Billy Mays tragic loss should give iPhone and...
1Jul2009 | InvestmentU | 0 comments | Continued(STX) Tech – Demand for Hardware Improving – Zacks Industry Rank Analysis
Though the Nasdaq has been one of the best-performing indexes this year, tech stocks could be poised for further gains in the second half of the year. In particular, demand for storage devices and smartphones is showing signs of strength. During the past 2 weeks, several brokerage...
1Jul2009 | vitalstocks | 0 comments | ContinuedKinetic Concepts, Inc. – Value – Zacks Rank Buy
Kinetic Concepts, Inc. (KCI), the manufacturer of negative pressure wound therapy, has surprised on estimates 3 out of the last 4 quarters by an average of 8.73%. KCI trades with a PEG ratio of just 0.75. Company Description Kinetic Concepts manufactures health care products...
1Jul2009 | vitalstocks | 0 comments | Continued(ALTR) Altera Corp. – Growth And Income – Zacks Rank Buy
Altera Corp. (ALTR) is seeing upbeat earnings forecasts ahead of reporting in mid-July. The company also boasts a solid record of beating estimates, dating back to 2004. Company Description Altera provides innovative custom logic solutions and has been ever since inventing the...
1Jul2009 | vitalstocks | 0 comments | Continued(FLDR) Flanders Corp. – Aggressive Growth – Zacks Rank Buy
Flanders Corp. (FLDR) continues to climb heading into its upcoming earnings announcement. Company Description Flanders designs, manufactures and sells air filters and related products, and is focused on providing complete environmental control systems for end uses ranging from...
1Jul2009 | vitalstocks | 0 comments | Continued(RDY) Dr. Reddy’s Lab Ltd. – Momentum – Zacks Rank Buy
Dr. Reddy’s Lab Ltd. (RDY) doubled its sales from last year in its most recently reported quarter, sending its share price higher by more than 100% in just the last 3 months. Company Description Dr. Reddy’s, together with its subsidiaries, specializes in developing...
1Jul2009 | vitalstocks | 0 comments | Continued