Jim Cramer Blog

Here are 7 trading ideas for today. These lists come directly from the TradingMarkets Stock Indicators page and are based upon our latest quantitative research.
Bullish
5+ Consecutive Lower Lows: These are stocks that have made a lower low for five or more consecutive days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that make lower lows for five or more days have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Western Refining (NYSE:WNR - News). WNR's PowerRating (for Traders) is 8.
Bearish
Laps Up 5% or More: These are stocks that lap up by 5% or more and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that lap up by more than 5% have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Abraxis Bioscience (NasdaqGS:ABBI - News). ABBI's PowerRating (for Traders) is 2.
5+ Consecutive Up Days: These are stocks that have closed up for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that close up for five or more days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Advanced Medical Optics (NYSE:EYE - News). EYE's PowerRating (for Traders) is 3.
5+ Consecutive Higher Highs: These are stocks that have made a higher high for five or more consecutive days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that make higher highs for five or more days have shown negative returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Yahoo (NasdaqGS:YHOO - News). YHOO's PowerRating (for Traders) is 3.
2-Period RSI Above 98: These are stocks that have a 2-day RSI reading above 98 and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average with a 2-period RSI reading above 98 have shown negative returns, on average, 1-day and 1-week later. Historically, these stocks have provided traders with a significant edge.
The Knot (NasdaqGM:KNOT - News). KNOT's PowerRating (for Traders) is 3.
Stocks Up 10% or More: These are stocks that have gained 10% or more over the past five days and are trading below their 200-day moving average. Our research shows that stocks trading below their 200-day moving average that have gained 10% or more over the past five days have shown negative returns, on average, 1-week later. Historically, these stocks have provided traders with a significant edge.
Accredited Home Lenders (NasdaqGS:LEND - News) & Krispy Kreme (NYSE:KKD - News). LEND's PowerRating (for Traders) is 2, and KKD's PowerRating (for Traders) is 2.
Published By TradingMarkets.com

Labels: ABBI, EYE, Hot Stocks, KKD, KNOT, LEND, WNR, YHOO

Bullish Calls:
Mueller Water Products (NYSE: MWA - News): 'A very inexpensive stock. I remember when this thing was first spun off from Becker, the fertilizer company... It shouldn't be at $14. I have to buy that. That is a very consistent grower.'Schlumberger (NYSE: SLB - News): 'We've had a nice pullback here... I know that, if you own it, it doesn't feel nice... It's, at one point, a 10-point pullback ... I would pull the trigger on SLB ... Best quarter I have seen of the whole oil complex...'Costco (NasdaqGS: COST - News): 'Oh man, look at that... That was a 52-week high today ... I know why that hit a 52-week high... Because some of us are Gold Star members!'Goldcorp (NYSE: GG - News): 'why am I not backing away from gold? I think gold belongs in everyone's portfolio, so I am not saying anything bad about GG.'Yamana (NYSE: AUY - News): 'I know Yamana's been bad ... I'm sticking with AUY. It's a growth stock.'Apple (NasdaqGS: AAPL - News): 'I think that phone - despite the fact that everyone is blasting it - is a fantastic phone! I still like AAPL. I like the new Apple computers. I think AAPL's had its pullback, and is ready to rock again.'Dell (NasdaqGS: DELL - News)Hewlett-Packard (NYSE: HPQ - News)Green Mountain Coffee Roasters (NasdaqGS: GMCR - News): 'Now, up $4 bucks, I'm like reluctant to hit this (bull button), because then people t say he's just chasing momentum... But I've got to tell you, I think this is a pretty good stock...'Bankrate (NasdaqGS: RATE - News): 'That was unfairly knocked down this week. That was a clean quarter.'Cisco (NasdaqGS: CSCO - News): 'I think Cisco Systems is going to be a good quarter. At one point, that stock was down 50 cents today. I was surprised.'Microsoft (NasdaqGS: MSFT - News): ' I want to own MSFT, and I want to own tech... 'CV Therapeutics (NasdaqGM: CVTX - News): 'You found the gem. It's a little $8 buck stock. It's really down on its luck... I'd pull the trigger. I think you're right. I think there's value there.'
Bearish calls:
Movado Group (NYSE: MOV - News):'You know, there's been insider buying of MOV... I know that the last quarter was good. I felt personally burned by MOV... I cannot get behind MOV.'Taiwan Semiconductor Manufacturing (NYSE: TSM - News): 'TSM is a supplier. I want to buy the finished guys.'Infineon Technologies (NYSE: IFX - News) The Knot (NasdaqGM: KNOT - News): 'I've got some internet companies that are en feugo and KNOT is not one of them... '
Published By SeekingAlpha

Labels: AAPL, AUY, COST, CSCO, CVTX, DELL, GG, GMCR, HPQ, IFX, Jim Cramer, KNOT, Lightning Round, Mad Money, MOV, MSFT, MWA, RATE, SLB, TSM

Advanced Medical Optics Inc. (NYSE:EYE - News), the Santa Ana, Calif., producer of ophthalmic surgical devices and eye-care products, reported a fourth-quarter loss compared with a year-earlier profit, primarily because of "recall-related sales declines, product returns and costs, and the tax effect of these issues." The loss was $7.6 million, or 13 cents a share, compared with net income of $2.3 million, or 3 cents, in the year-earlier period. A survey of analysts by Thomson Financial produced a consensus estimate of a loss of 5 cents a share.
Alliance Data Systems Corp. (NYSE:ADS - News) was downgraded to neutral from overweight at J.P. Morgan.
Amvescap (NYSE:AVZ - News), the Anglo-American owner of the AIM and Invesco lines of mutual funds, swung to a fourth-quarter profit of $163.5 million, or 20 cents a share, with revenue up 20% to $879 million. The company was affected by a $76 million restructuring charge in the year-ago quarter. Assets under management at Dec. 31 rose 20% to $463 billion, though it saw $4.5 billion in net outflows during the quarter.
Comstock Resources Inc. (NYSE:CRK - News) reported net earnings of $8.41 million, or 19 cents a share, compared with $41.3 million, or 96 cents a share, in the same period last year, as expenses rose sharply. The Texas-based energy company said oil and gas sales rose 35% to $126.8 million from $93.4 million.
Delphi Corp. (Other OTC:DPHIQ.PK - News) said its third-quarter loss more than doubled to $2 billion, or $3.51 a share, from $788 million, or $1.40 a share, in the year-earlier period. Delphi, which is in Chapter 11 reorganization, said the 2006 third quarter included $1 billion related to U.S. employee attrition payments. Troy, Mich.-based Delphi said revenue in the three months ended Sept. 30 fell to $6 billion from $6.3 billion in the year-ago period. Quarterly revenue from sources other than automaker General Motors Corp. stayed "essentially flat" at $3.4 billion compared with the previous year's $3.3 billion, Delphi said.
En Pointe Technologies Inc. (NasdaqCM:ENPT - News) said it swung to first-quarter profit of $272,000, or 4 cents a share, as the cost of sales fell. In the same period last year, the provider of business-to-business information technology products posted a net loss of $997,000, or 14 cents a share.
Expeditors International of Washington (NasdaqGS:EXPD - News) said its fourth-quarter net income fell to $62.6 million, or 28 cents a share, from $74.3 million, or 34 cents a share, a year ago. The year-ago period included a tax benefit of $21.7 million, or 10 cents a share. A Thomson Financial survey of analysts, on average, predicted earnings of 31 cents a share for the quarter. Analysts estimates usually exclude items. The Seattle logistics company's revenue rose 13% to $1.24 billion from $1.10 billion a year ago.
Ford Motor (NYSE:F - News) was downgraded to sell from neutral at Merrill Lynch. The firm cited valuation concerns following a run-up of almost 30% from the stock's mid-December low.
Genta Inc. (NasdaqGM:GNTA - News) said its fourth-quarter loss widened to $17.3 million, or 11 cents a share, from $10.2 million, or 9 cents, a year earlier. The Berkeley Heights, N.J. biopharmaceutical company said Tuesday revenue rose to $117,000 from $97,000. Total costs increased to $18.8 million from $10.8 million. Results for the latest period included costs of $5.28 million for the settlement in principle of class action lawsuit and the write-off of a $1.27 million prepaid royalty payment.
Hansen Natural (NasdaqCM:HANS - News) was downgraded to neutral at Goldman Sachs.
Hub Group Inc. (NasdaqGS:HUBG - News) said fourth-quarter net income rose, as operating margin gained, to $13.5 million, or 34 cents a share, from $10.1 million, or 25 cents a share, during the same period in the prior year. Analysts had expected per-share income of 32 cents.
Interactive Intelligence (NasdaqGM:ININ - News) shares tumbled after the Indianapolis-based software developer reported fourth-quarter net earnings of $1.56 million, or 8 cents a share, down from $1.77 million, or 10 cents a share, in the year-ago period. Revenue rose to $23.9 million from $17.5 million. Analysts polled by Thomson Financial were forecasting a per-share profit of 9 cents on revenue of $22 million.
IRobot Corp. (NasdaqGM:IRBT - News) said it swung to a net loss in the fourth quarter of $1.78 million, or 8 cents a share, as operating expenses rose. During the same period in the prior year, net income was $15,000, or breakeven on a per share basis.
Knot (NasdaqGM:KNOT - News) shares lost ground after the New York-based media company and wedding services provider reported a fourth-quarter net profit of $14.6 million, or 45 cents a share, up from $1.48 million, or 6 cents a share, last year. The results for the fourth quarter of 2006 included a non-cash income tax benefit and a gain from the settlement of a legal action. Revenue rose to $21.7 million from $12.8 million. Analysts polled by Thomson Financial were expecting a per-share profit of 11 cents on revenue of $21.8 million.
Liquidity Services Inc. (NasdaqGM:LQDT - News) filed with the Securities and Exchange Commission for a proposed secondary offering of roughly 5.6 million common shares. The Washington, D.C.-based online asset auction services provider plans to issue and sell 100,000 shares in the offering, while certain stockholders offer the remainder.
Macerich Co. (NYSE:MAC - News) said its fourth-quarter net income jumped to $147.9 million, or $1.98 a share, from $23.6 million, or 39 cents a share. Revenue for the quarter rose 14% to $233.8 million and funds from operations increased to $1.36 a share from $1.32 a share. The company said it benefited from strong occupancy levels and good tenant sales gains. It added it continued to improve its portfolio through the sale of three non-core assets and the acquisition of another East Coast mall.
MoSys Inc. (NasdaqGM:MOSY - News) said it swung to net income in the fourth-quarter of $567,000, or 2 cents a share, as royalty revenue increased. During the same period in the prior year, the net loss was $1.08 million, or 4 cents a share. Analysts had expected per-share earnings of 4 cents for the recent quarter.
Nasdaq Stock Market (NasdaqGS:NDAQ - News) said its fourth-quarter earnings rose to $63 million, or 43 cents a share, from $17.1 million, or 15 cents a share, a year earlier, as revenue rose 72%. The latest results included a post-tax gain of $29.4 million, or 19 cents a share, on foreign currency options contracts purchased to hedge the foreign exchange exposure on the failed bid for the London Stock Exchange. The quarter also included pretax charges of $4.6 million for restructuring and integration of INET. The New York electronic equities market said Tuesday that revenue grew to $447.3 million from $259.5 million. Analysts polled by Thomson Financial, on average, expected earnings of 24 cents a share on revenue of $424.8 million.
Omnicom Group (NYSE:OMC - News) reported fourth-quarter net income of $277.2 million, or $1.62 a share, up from $252.6 million, or $1.41 a share, earned in the final three months of 2005. The New York-based advertising giant's quarterly revenue reached nearly $3.22 billion from the prior year's $2.94 billion, up more than 9%. Domestic revenue rose 7%, Omnicom said. Analysts were looking for earnings of $1.62 a share on revenue of nearly $3.21 billion, according to estimates compiled by Thomson First Call. Omnicom's operating profit improved to $474.2 million from $426.1 million.
Osiris Therapeutics (NasdaqGM:OSIR - News) shares fell after the Baltimore-based company announced six-month interim results in its evaluation of Chondrogen for the regeneration of meniscus in the knee. The company said Chondrogen met its primary endpoint; however the Phase I/II trial did not demonstrate that Chondrogen resulted in a statistically significant increase in the volume of meniscus as compared to placebo. Osiris added that an improvement in baseline cartilage and joint condition was noted in patients treated with the stem cell drug that was not seen in patients that received placebo.
Radyne Corp. (NasdaqGS:RADN - News) reported fourth-quarter earnings $3.6 million, or 19 cents a share, down from $4.3 million, or 24 cents a share, as revenue dropped and expenses rose.
R&G Financial Corp. (NYSE:RGF - News) shares fell after the New York Stock Exchange said it late Monday that it will suspend trading of the San Juan, P.R.-based financial holding company's shares due to its failure to file its 2005 10-K by an April 3 deadline. The NYSE will suspend trading of R&G shares on Feb. 22. R&G, which is completing restatements for 2002 through 2004, announced separately that it now expects the restatements to reduce stockholders' equity by $185 million to $200 million after-tax, up from the $168 million to $183 million it had previously estimated.
Shaw Group Inc. (NYSE:SGR - News) said Ernst & Young LLP has notified the company of its decision to resign as Shaw's independent registered public accounting firm. Ernst & Young said it will resign effective upon the filing of Shaw's report for the quarter ending Feb. 28.
Ultra Clean Holdings Inc. (NasdaqGS:UCTT - News) reported fourth-quarter net earnings of $4.65 million, or 22 cents a share, compared with $683,000, or 4 cents a share, in the same period last year, on higher sales from the acquisition of Sieger Engineering Inc.
WNS Holdings Ltd. (NYSE:WNS - News) said its fiscal third-quarter net profit rose 21% to $7.1 million, or 17 cents a share, from $5.9 million, or 17 cents a share a year ago after an increase in the number of shares in circulation. Revenue at the firm more than doubled to $102 million from $49.8 million. Analysts polled by Thomson Financial were expecting earnings of 17 cents a share. The firm said it has increased client contracts more quickly than previously expected and has exceeded internal expectations for revenue growth. Growth in profit lagged revenue growth due to $2.4 million of deferred revenue recognized in the year-ago quarter, WNS said. For 2007 the firm increased its revenue guidance to slightly above $213 million from slightly above $208 million. It also reaffirmed its guidance for 2007 net income in the range of $30.5 million to $32.5 million.
Yum Brands Inc. (NYSE:YUM - News) posted a 2.7% increase in fourth-quarter profit as higher margins and international growth offset flat sales in the U.S. as well as the impact of an e. coli outbreak at its Taco Bell unit that sickened dozens last fall.

Labels: ADS, AVZ, CRK, ENPT, EXPD, EYE, F, GNTA, HANS, HUBG, ININ, IRBT, KNOT, LQDT, Mac, MOSY, NDAQ, OMC, OSIR, YUM

99 Cents Only Stores (NYSE:NDN - News) reported third-quarter sales at stores open at least one year rose 1.9%. Total sales for the quarter ended Dec. 31 rose 8.3% to $302.1 million, the City of Commerce, Calif., retailer said.
Altair Nanotechnologies' (NASDAQ:ALTI - News) shares gained after the Reno, Nev.-based company announced it has entered into a series of agreements with Phoenix Motorcars. Altair received a $1.04 million purchase order for its NanoSafe 35 KWh battery pack systems from Phoenix Motorcars. In addition, Altair also entered into a multi-year agreement under which Phoenix Motorcars expects to place $16 million to $42 million in orders for up to five hundred battery pack systems in 2007. In consideration for a three-year exclusivity agreement within the U.S., Altair also received a 16.6% ownership stake in the company.
Apple Computer (NASDAQ:AAPL - News) shares rose as reports indicate the company is likely to unveil its first mobile phone products at its annual Macworld show.
Armor Holdings (NYSE:AH - News) was upgraded to overweight from equal weight at Lehman Bros. The firm cited a request for supplemental funding from the Defense Department for the upgrade.
Axcelis Technologies (NASDAQ:ACLS - News) reiterated its forecast for fourth-quarter earnings of between 11 cents and 15 cents a share. The average earnings estimate of 13 analysts surveyed by Thomson First Call is 12 cents a share. The Beverly, Mass., semiconductor-manufacturing technology company said it expects revenue for the fourth quarter of 2006 in a range of $115 million to $125 million. The company also said it expects systems orders in the fourth quarter to increaee more than 60% from orders in the third quarter.
Boston Scientific Corp. (NYSE:BSX - News) said it will cut 500 to 600 employees at the cardiac rhythm management unit as part of its plans to reallocate R&D resources. The Natick, Mass., maker of medical devices said most of the job losses will be at the CRM facility in Arden Hills, Minn.
British Sky Broadcasting (NYSE:BSY - News) was upgraded to overweight from equal-weight at Morgan Stanley. The firm said the company should see financial stability in 2007.
Buca Inc. (NASDAQ:BUCA - News) said fourth-quarter comparable-restaurant sales rose 4% from the year-earlier period. For 2006, comparable-restaurant sales increased 3.8%.
Ceradyne (NASDAQ:CRDN - News)fourth-quarter sales rose 56% to $178 million, after new orders reached $314 million, also up 56% from a year earlier. Backlog at the end of 2006 was $344 million, up 25% a year earlier. The defense-products manufacturer estimated 2006 earnings per share at the upper end of its expected range of $4.45 to $4.55.
Cheesecake Factory (NASDAQ:CAKE - News) said preliminary fourth-quarter comparable-restaurant sales rose 0.8% from the year-earlier period. Revenue rose 18% to $360.4 million.
Cray (NASDAQ:CRAY - News) said it expects revenue of about $100 million for the fourth quarter and $220 million for the full year. The Seattle-based supercomputer maker said this view is in line with the outlook offered in its November earnings release. It also anticipates the fourth quarter will be "solidly profitable." The current average estimate of analysts polled by Thomson First Call is for earnings of 32 cents a share in the December quarter on revenue of $100.5 million. For 2007, Cray said it's targeting revenue of between $230 million and $260 million with improved gross margins and "modestly higher" costs for research and development as well selling, general and administrative expenses. The company is targeting operating income of 3% to 7% of revenue for 2007.
Emmis Broadcasting Corp. (NASDAQ:EMMS - News) reported a third-quarter net profit of $0.9 million, or 2 cents a share, down from $198.8 million, or $5.36 a share in the year-ago period. The company's year-ago figure included income of $198 million from discontinued operations. Emmis said operating income fell 28.4% to $17.5 million as revenue fell 6.9% to $91.2 million. "While we have been disappointed with the continued softness in our New York and Los Angeles markets, we are beginning to see signs that the worst is behind us. I'm confident that programming and management actions taken in recent months are beginning to deliver and point to better results in 2007," said CEO Jeff Smulyan.
Endologix (NASDAQ:ELGX - News) shares advanced after the Irvine, Calif.-based medical device company said domestic product revenue in the fourth quarter came in at $4.1 million, up from $1.7 million last year. Domestic product revenue for full-year 2006 was $12.3 million, up from $4.8 million in 2005, the company said.
Endo Pharmaceuticals Holdings Inc. (NASDAQ:ENDP - News) said it expects 2007 per-share earnings of $1.68 to $1.72, excluding stock-based compensation, among other items.
France Telecom (NYSE:FTE - News) was upgraded to buy from neutral at UBS, saying the company's investor day removed uncertainty about the stock. "France Telecom already had a strong run but post investor day, with increased certainty on numbers, we believe the shares are now genuinely cheap," the firm said.
Great Atlantic & Pacific Tea Co. (NYSE:GAP - News) said it swung to a third-quarter profit of $41 million, or 97 cents a share, compared to a loss of $71 million, or $1.74 a share, a year earlier. U.S. sales for the period fell to $1.54 billion from $1.58 billion. Comparable sales slipped 3%, mainly due to the sales lift post Hurricane Katrina in its New Orleans operations and difficult economic conditions in its Midwest operations.
Hospira (NYSE:HSP - News) was upgraded to buy from neutral at Banc of America Securities. The firm also lifted its price target on the stock to $42 from $36.
Incyte Pharmaceuticals (NASDAQ:INCY - News) was upgraded to buy from neutral at UBS. The firm also lifted its price target on the stock to $8.50 from $7.
Knology Inc. (NASDAQ:KNOL - News) agreed to buy broadband company PrairieWave Communications for $255 million. Knology said it expects the all-cash transaction to close in the second quarter of 2007. PrairieWave serves around 57,000 residential customers and 7,200 business customers, mainly in South Dakota.
The Knot Inc. (NASDAQ:KNOT - News) was initiated with a sector outperformer rating at CIBC World Markets.
Osiris Therapeutics Inc. (NASDAQ:OSIR - News) said Prochymal received fast-track designation from the Food and Drug Administration. The Baltimore biotechnology company added that it received clearance to conduct a Phase III clinical trial using Prochymal to treat a form of Crohn's disease, a gastrointestinal disorder, that does not respond to standard therapies.
The Pantry Inc. (NASDAQ:PTRY - News) agreed to acquire 66 Petro Express convenience stores located in North Carolina and South Carolina. Financial terms weren't disclosed although Pantry said the stores being acquired generated revenue of about $629 million for the 12 months ended in October. Pantry also noted the deal includes the wholesale fuels business of Carolina Petroleum Distributors of Charlotte Inc. The company said it expects the deal to close in the third quarter. Also, Pantry said it experienced "significantly lower gas margins" for its fiscal first quarter ended Dec. 28. As we have previously indicated, our first quarter results will be significantly below a year ago, and unusually low relative to our historical seasonal trends, primarily due to an average gasoline margin per gallon in the low 8-cent range," said Peter Sodini, the company's chairman and CEO. "However, gas margins over the past few weeks have been more in line with historical seasonal trends."
Perry Ellis International (NASDAQ:PERY - News) said it's in the final stages of negotiating a licensing agreement for the manufacturing and distribution of fragrances and other related products under its namesake brand. The company said it's working closely with several undisclosed parties to finalize the licensing deal and the sale of related assets acquired from Parlux Fragrances. It added that it expects the transactions to add to earnings in fiscal 2008 and beyond. Also, Perry Ellis said it remains confident of achieving the higher end of its target for earnings of $1.53 to $1.60 a share, adjusted for its Dec. 29 stock split, for the fiscal year ending Jan. 31.
Philips Electronics (NYSE:PHG - News) said it plans to start a 1.63 billion euro share buyback on Jan. 22. The buyback, which will complete the company's 4 billion euro capital return program, is expected to complete before the end of 2007.
Rackable Systems (NASDAQ:RACK - News) was initiated with an above average rating at Caris & Co. The firm set a $35 price target.
Sirius Satellite Radio (NASDAQ:SIRI - News) said it's paying Howard Stern a bonus of 22.1 million shares with a value of $82.9 million after it beat its subscriber targets by more than two million in 2006.
Stage Stores Inc. (NYSE:SSI - News)declared a 3-for-2 stock split and plans to maintain the quarterly dividend at 5 cents a share after the split. This equates to a 50% increase in the dividend after the split, which will be paid Jan. 31 to holders of record on Jan. 17.
Stifel Financial Corp. (NYSE:SF - News) agreed to buy Ryan Beck, a provider of financial advice, from BankAtlantic Bancorp (NYSE:BBX - News) for 2.53 million shares. The deal values Ryan Beck at about $91 million and ends its bid to launch an initial public offering.
Thermage Inc. (NASDAQ:THRM - News) said it sees fourth-quarter revenue of $14.6 million to $14.8 million. Last month, the Hayward, Calif., producer of medical devices that non-invasively tighten tissue said it was looking for quarterly revenue of $14 million to $14.5 million.
ViroPharma Inc. (NASDAQ:VPHM - News) said it expects net product sales of $195 million to $205 million in 2007.
Volt Information Sciences' (NYSE:VOL - News) shares jumped after the New York-based provider of staffing and IT services reported fourth-quarter net earnings of $13.6 million, or 86 cents a share, up 62% from $8.36 million, or 54 cents a share, in the year-ago period. Revenue rose to $610.2 million from $590.2 million. Analysts polled by Thomson First Call had forecast a per-share profit of 62 cents.
WebMD (NASDAQ:WBMD - News) said better-than-expected online advertising revenue will push its fourth-quarter earnings above the high end of its estimated range of 7-11 cents a share. Analysts surveyed by Thomson First Call are forecasting earnings of 10 cents a share, on average. Revenue for the fourth quarter is expected to be approximately $79 to $80 million, above the range of $73.5 to $76.5 million previously provided.
Williams-Sonoma (NYSE:WSM - News) said its revenue rose 3.6% for the eight-week holiday sales period ended Dec. 24 to $900.4 million from $868.7 million in the year-ago equivalent period. The San Francisco home products retailer said same-store sales increased 1.1% for the period versus a 4.5% rise last year. The company also reiterated its financial outlook for the fourth quarter and full year, saying it still expects earnings of $1 to $1.06 per share for the quarter and $1.70 to $1.76 a share for the year. Excluding non-recurring items and the impact of new accounting standards, Williams-Sonoma sees earnings of $1.03 to $1.09 a share for the fourth quarter and $1.86 to $1.92 a share for the year. For 2007, the company said it believes its plans to revitalize the Pottery Barn brand could increase pressure on margins, particularly in the first half of the year.
Published By MarketWatch

Labels: AAPL, ACLS, AH, ALTI, BSX, BSY, BUCA, CAKE, CRAY, CRDN, INCY, KNOT, NDN, OSIR, PTRY, VPHM, WBMD

Here are 7 options to watch for today. This list comes directly from the TradingMarkets Options Indicators page. The list is created using OptionVue options analysis software.
Most Under Priced Calls: These are the most under priced calls of all stocks in our database. While the Equities Explosion List finds groups of calls for individual equities that are under priced, this list finds the most under priced individual calls. Thus, the options listed here will tend to be more severely under priced.
Paccar Inc. (NASDAQ:PCAR - News) Jan 65.0. PCAR's PowerRating is 6.
Most Under Priced Puts: These are the most under priced puts of all stocks in our database. While the Equities Explosion List finds groups of puts for individual equities that are under priced, this list finds the most under priced individual puts. Thus, the options listed here will tend to be more severely under priced.
Bank of America (NYSE:BAC - News) Jan 55.0. BAC's PowerRating is 6.
Most Overpriced Calls: These are the most overpriced calls of all stocks in our database. While the Equities Implosion List finds groups of calls for individual equities that are overpriced, this list finds the most overpriced individual calls. Thus, the options listed here will tend to be more severely overpriced.
Knot Inc. (NASDAQ:KNOT - News) Jan 25.0. KNOT's PowerRating is 5.
Most Overpriced Puts: These are the most overpriced puts of all stocks in our database. While the Equities Implosion List finds groups of puts for individual equities that are overpriced, this list finds the most overpriced individual puts. Thus, the options listed here will tend to be more severely overpriced.
Google Inc. (NASDAQ:GOOG - News) Jan 430.0. GOOG's PowerRating is 6.
Stocks with Abnormal Call Volume: These are stocks which showed unusual call option volume not easily explained by arbitrage operations. The appearance of a stock on the Call Volume Alerts list suggests a possible takeover, extraordinarily good earnings report, or other news which may favorably affect the stock.
PMI Group Inc. (NYSE:PMI - News). PMI's PowerRating is 5.
Stocks with Abnormal Put Volume: These are stocks which showed unusual put option volume not easily explained by arbitrage operations. The appearance of a stock on the Put Volume Alerts list suggestsan extraordinarily negative earnings report, or other news which may negatively affect the stock.
Countrywide Financial Corp. (NYSE:CFC - News). CFC's PowerRating is 5.
Abnormal Put/Call $ Volume: These stocks have the highest dollar put volume in relation to their call volume. These high ratios are indicative of extreme bearish sentiment in the underlying stock.
General Motors Corp. (NYSE:GM - News). GM's PowerRating is 7.

Labels: BAC, GM, GOOG, KNOT, PCAR, PMI, stock options