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Wednesday, May 21, 2008

Hot Stocks to Watch Wednesday

Target (NYSE:TGT) reported earnings today before the open, beating analyst estimates by three cents. The Short Term PowerRating for TGT is 4.
An analyst report suggesting that Chinese demand for metals lead to lower prices for shares of stocks like Alcoa (NYSE:AA), which was down more than 3% on the day. The Short Term PowerRating for AA is 2.
Home Depot (NYSE:HD) announced earnings beat lowered estimates but failed to truly impress traders and investors, who sent the stock lower by more than 5% on Tuesday. The Short Term PowerRating for HD is 5.
Solarfun Power (NasdaqGM:SOLF) reports earnings Wednesday morning before the open, with analysts expecting EPS of $1.12. The Short Term PowerRating for SOLF is 1.
Expanding its services to allow customers to watch content downloaded from the Internet on their televisions, Netflix (NasdaqGS:NFLX) was up by more than 3% in Tuesday trading. The Short Term PowerRating for NFLX is 5.
Added to Goldman Sachs "conviction buy list" today, Humana (NYSE:HUM) was one of the largest gainers in the S&P 500 today. The Short Term PowerRating for HUM is 3.
Discounts on women's clothing and accessories did not prevent Saks (NYSE:SKS) from missing analyst estimates in its earnings report on Tuesday. Saks finished the day down more than 6%. The Short Term PowerRating for SKS is 4.

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Friday, December 14, 2007

Hot Stocks to Watch Friday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Nuance Communications (NasdaqGS:NUAN - News). NUAN's PowerRating (for Traders) is 7.
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.
Netflix (NasdaqGS:NFLX - News). NFLX's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
Arthrocare (NasdaqGS:ARTC - News). ARTC's PowerRating (for Traders) is 7.
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.
Pulte Homes (NYSE:PHM - News). PHM's PowerRating (for Traders) is 5.
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.
Genentech (NYSE:DNA - News). DNA's PowerRating (for Traders) is 4.
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.
Dean Foods (NYSE:DF - News). DF's PowerRating (for Traders) is 4.
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.
Dendreon (NasdaqGM:DNDN - News). DNDN's PowerRating (for Traders) is 1.
Published By TradingMarkets.com

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Friday, November 23, 2007

Hot Stocks to Watch Friday

Here are 7 trading ideas for today. This list comes directly from the TradingMarkets Stock Indicators page and is based upon our latest quantitative research.
Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
China Finance Online (NasdaqGM:JRJC - News). JRJC's PowerRating (for Traders) is 6.
5+ Consecutive Down Days: These are stocks that have closed down 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 close down 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.
Rockwell Collins (NYSE:COL - News) & Sun Healthcare (NasdaqGM:SUNH - News). COL's PowerRating (for Traders) is 7, and SUNH's PowerRating (for Traders) is 7.
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.
Brightpoint (NasdaqGS:CELL - News). CELL's PowerRating (for Traders) is 7.
2-Period RSI Below 2: These are stocks that have a 2-period RSI reading below 2 and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving with a 2-period RSI reading below 2 have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
Eaton Vance (NYSE:EV - News). EV's PowerRating (for Traders) is 7.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
Netflix (NasdaqGS:NFLX - News). NFLX's PowerRating (for Traders) is 9.
Bearish
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.
Medis Technologies (NasdaqGM:MDTL - News). MDTL's PowerRating (for Traders) is 3.

Published By TradingMarkets.com

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Sunday, October 21, 2007

Hot Stocks to Watch Monday

By TradingMarkets Research
Stocks celebrated the 20th anniversary of "Black Monday" by plunging, with the Dow losing nearly 367 points. On October 19, 1987, the Dow lost 508 points, which represented a 22.6% decline, the largest ever one-day loss on a percentage basis.
Here are 7 stocks to watch for Monday:
Apple (NasdaqGS:AAPL - News) reports earnings after the close, with analysts expecting $0.85. AAPL's PowerRating (for Traders) is 4.
Dow component American Express (NYSE:AXP - News) also reports after the close, with analysts looking for $0.85. AXP's PowerRating (for Traders) is 5.
Check Point Software Technologies (NasdaqGS:CHKP - News) earnings are due before the open on Monday, look for $0.38. CHKP's PowerRating (for Traders) is 6.
Haliburton (NYSE:HAL - News) is expected to report earnings of $0.64 before the open. HAL's PowerRating (for Traders) is 6.
Netflix (NasdaqGS:NFLX - News) reports after the close, with analysts expecting $0.15. NFLX's PowerRating (for Traders) is 5.
Schering-Plough (NYSE:SGP - News) is also due before the bell, $0.30 is the magic number. SGP's PowerRating (for Traders) is 5.
Texas Instruments (NYSE:TXN - News) reports after the close, with $0.50 being the target. TXN's PowerRating (for Traders) is 6.

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Wednesday, August 08, 2007

Blockbuster Inc. (BBI) Acquires Movielink, LLC

In a move to further provide customers with even more convenient access to home entertainment, Blockbuster Inc. (NYSE: BBI - News, BBI.B - News) today announced it has acquired Movielink, one of the nation's leading movie download services. The acquisition gives Blockbuster access to one of the largest libraries of downloadable movies and a large array of television content. Terms of the agreement were not disclosed.
With thousands of movies and television shows available in its digital library for downloading, Movielink offers customers the ability to legally download entertainment content for rental (VOD) and for purchase (EST). The service was created in 2002 by Movielink, LLC, a joint venture of Metro- Goldwyn-Mayer Studios Inc., Paramount Pictures, Sony Pictures Entertainment, Universal Pictures and Warner Bros. Studios.
The acquisition of Movielink, which has VOD and EST license agreements with the five founding studios, as well as more than 30 other studios, television-content distributors, and foreign and independent content providers, enables Blockbuster to offer consumers downloadable entertainment content via their PCs, portable devices, television-connected home networks and approved set-top boxes.

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Monday, July 23, 2007

Netflix Inc. (NFLX) Shares Fall on Price Cut

Netflix shares fell Monday, as the company said it was lowering the price on two of its most popular plans by $1 per month.
Effective Monday, Netflix will charge $16.99 a month for the plan that allows subscribers to have three movies out at a time. The new price is a dollar less than a similar plan offered by Dallas-based Blockbuster (NYSE: BBI - News). However, Blockbuster's plan, called Blockbuster Total Access, also allows online subscribers to return DVDs by mail or to the stores, where they can receive a free rental.
Los Gatos, Calif.-based Netflix shares were down nearly 11 percent in Monday morning trading to $17.47.
Maurice McKenzie, an analyst with Signal Hill Group in Baltimore, said the move was necessary in order for Netflix to stay competitive.
"I think that Blockbuster's program is having a measurable impact on Netflix's ability to attract subscribers," he said.
However, McKenzie doesn't believe Netflix's price cut signals a larger price war where customers will see a spiraling down of prices.
Michael Pachter, an analyst with Los Angeles-based Wedbush Morgan Securities, said he expects Netflix, which releases its earnings Monday, to report that it has lost customers for the first time in four or five years, and he said it's because of Total Access.
"Total Access is a better program for the money," Pachter said.
Pachter said Netflix probably lowered its plan thinking that by pricing it $1 cheaper than Blockbuster's plan, people will see the lower price and opt for Netflix.
"I think that Netflix is toast. One dollar is for unlimited immediate gratification," he said, referring to Blockbuster customers being able to also return movies at the stores.
Pachter, who said he and his wife are Blockbuster Total Access subscribers, said he was looking at his three mail order movies last night, and knew he wasn't going to watch two of them.
"Knowing I could go to the stores and swap them was a really good feeling," Pachter said.
Published July 23, 2007 by the Dallas Business Journal

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Tuesday, July 10, 2007

Hot Stocks to Watch Today

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 Down Days: These are stocks that have closed down 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 close down 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. Historically, these stocks have provided traders with a significant edge.

Dean Foods (NYSE:DF). DF's PowerRating is 6.
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.
Kraft Foods (NYSE:KFT) & CPI Corporation (NYSE:CPY). KFT's PowerRating is 6, and CPY's PowerRating is 5.
Bearish
5+ Consecutive Up Days: 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.
JDS Uniphase (NasdaqGS:JDSU) & Netflix (NasdaqGS:NFLX). JDSU's PowerRating is 3, and NFLX's PowerRating 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.
Harley-Davidson (NYSE:HOG) & Royal Gold (NasdaqGS:RGLD). HOG's PowerRating is 4, and RGLD's PowerRating is 3.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

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Wednesday, June 27, 2007

Neflix Inc. (NFLX) Stock Soars on Blockbuster Settlement

Stock in Netflix Inc. surged on Wednesday after Blockbuster Inc. said the video rental businesses had settled a patent dispute.
Shares in the Los Gatos company (NASDAQ:NFLX) were up more than 6 percent to $20.74 in midday trading. It has traded in a range between $18.12 and $30 in the past year.

Blockbuster said in a Securities and Exchange Commission filing that terms of the patent litigation settlement between the companies is confidential.
Netflix sued Blockbuster in April 2006, accusing Blockbuster of copying its methods for online home video rental orders.
Blockbuster disputed in a countersuit Netflix' claim that it invented the methods.
Shares in Dallas, Texas-based Blockbuster (NYSE:BBI) were down about 2 percent to $4.14 in midday trading.
Published June 27, 2007 by the Silicon Valley / San Jose Business Journal

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Tuesday, June 12, 2007

Stocks to Watch Wednesday

Here are 7 stocks for traders for Wednesday from TradingMarkets.com:
Pathmark Stores (NasdaqGM:PTMK) announces earnings on Wednesday before the open; look for -$0.04 EPS. PTMK's PowerRating is 6.

Casey's General (NasdaqGS:CASY) is expected to announce $0.26 EPS after the close on Wednesday afternoon. CASY's PowerRating is 6.
Netflix (NasdaqGS:NFLX) received a downgrade at Citigroup today, in light of rival Blockbuster's (NYSE:BBI) aggressive price cuts. NFLX's PowerRating is 5, and BBI's PowerRating is 7.
It was announced that Horizon Offshore (NasdaqGM:HOFF) agreed to be bought by Cal Dive International (NYSE:DVR - News) for $628 million. HOFF's PowerRating is 4, and DVR does not have a PowerRating due to its short trading history.
Lehman Brothers (NYSE:LEH) on Monday soundly beat earnings expectations, but the company warned that the housing slump and mortgage weakness continues to negatively affect its fixed-income capital markets business. LEH's PowerRating is 5.
PowerRatings (for Traders) are courtesy of TradingMarkets.com

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Jim Cramer's Mad Money Lightning Round June 11th

Bullish calls:
Volvo (Other OTC: VOLVF.PK): ' ... it's done a very good job technologically. It's got marine, bus, industrial engines... a 3% yield. It's at $20 bucks. I should have been recommending this for a long time ... It's got farm and insurance... 'Blue Coat Systems (NasdaqGM: BCSI): '52-week high, but... web security is so hot that I'm not backing away. This company has 30% growth and sells at 30x earnings. You know what? It could sell at 40x earnings and we'd still like it.'Crocs (NasdaqGS: CROX): 'We will continue to hold CROX for the trade until we get at least one more analyst recommending the stock. It's $3.5 billion, so that could happen... Or, we find that, we go to the store, and everybody's got Crocs. Until then, stay long CROX! 'Waste Management (NYSE: WMI): 'WMI is in major bull-market mode, as is that whole group. I think that the 2.5% yield, the fact that it's going to take out its 52-week high soon... all these are one and a half thumbs up, way up. I'm going to stick with WMI...'
Bearish calls:
Netflix (NasdaqGS: NFLX)

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Wednesday, May 02, 2007

Stock Market Wrapup May 2nd

Positive economic reports combined with more good profit news from U.S. companies provided a solid lift to the stock market today, pushing the Dow Jones Industrial Average to its fourth record close in the last five sessions. Advancing stocks swamped decliners by about 3 to 1 on the NYSE and 2 to 1 on the Nasdaq. Crude oil prices and the 10-year Treasury note both eased.
The Commerce Department reported that U.S. factory orders surged 3.1% in March, the biggest monthly increase in manufacturing activity in two years. The report echoed the positive signs exhibited by yesterday's report on manufacturing activity by the Institute of Supply Management, whose figures showed that after two-straight months of slowing growth, factories were picking up steam. The Treasury Department, meanwhile, said shrinking budget deficits will allow it to discontinue the 3-year note after next week's regular quarterly auction of government debt.
Time Warner (NYSE: TWX - News) topped today's earnings news. Though the media company reported Q1 earnings that declined -18% from the same period last year, the company said strong growth at its cable unit allowed it to raise its full-year guidance. Time Warner now expects to earn about $1.05 a share, instead of the $1 a share it previously forecasted. Excluding one-time items, the company earned 22 cents a share, which beat analyst forecasts by 2 cents.
MasterCard (NYSE: MA - News) said its growing international business and favorable currency exchange rates helped lead to a 70% increase in Q1 profit. The No. 2 credit card company said it earned nearly $215 million, or $1.57 a share, up from $126.7 million, or 94 cents a share, a year ago. Revenue climbed 24% to $915 million. The profit numbers handily surpassed Wall Street estimates, and the stock closed up 10.0%. Biogen Idec (Nasdaq: BIIB - News) said strong sales of its two-leading drugs were behind a 7% profit increase, but that result fell a bit short of Wall Street's expectations and the stock closed fractionally lower. Rituxan, a treatment for non-Hodgkins lymphoma and rheumatoid arthritis that Biodec co-promotes in the U.S. with Genentech (Nasdaq: DNA - News), grew sales 13%. Avonex, an 11-year-old treatment for multiple sclerosis, grew sales 14%. Its new MS treatment, Tysabri, reported growing revenue despite carrying a "black box" warning label.
Sprint Nextel (NYSE: S - News) swung to a loss as a result of amortization charges. Without the charges, the company would have reported earnings of 18 cents a share, which was below analyst forecasts of 22 cents. The stock rose on an improved outlook for the current quarter. BullMarket.com subscribers can read a full report on Sprint Nextel in today's edition.
Blockbuster (NYSE: BBI - News) said its Q1 loss widened. The company lost -$46.4 million, or -26 cents a share, compared with a loss of -$1.9 million, or -3 cents a share, last year. The company blamed costs associated with the launch of its online movie rental business and flat in-store sales. The company has been spending heavily to support its Total Access service, which is meant to compete with Netflix (Nasdaq: NFLX - News).
By the BullMarket.com Staff

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Wednesday, April 18, 2007

Stock Market Wrapup April 18th

The Dow Jones Industrial Average chugged along to another record close, topping the mark it last set in February, but the market overall traded mixed. Declining stocks edged advancing issues on both the NYSE and Nasdaq markets. A weak report from Yahoo (Nasdaq: YHOO) after Tuesday's closing bell helped to weigh on the tech sector, as did a loss reported before today's open by Motorola (NYSE: MOT). Crude oil futures edged up slightly, while the 10-year Treasury note pushed higher, shaving the yield.
The Dow's advance was fueled by solid gains by Caterpillar (NYSE: CAT), Boeing (NYSE: BA), andJ.P. Morgan Chase (NYSE: JPM), which reported a 55% increase in Q1 earnings on a 25% increase in revenue today. J.P. Morgan reported a profit of $4.8 billion, or $1.34 a share, against $3.1 billion, or 86 cents a share, last year. The current quarter included an 11-cent gain that resulted from an accounting change. The bank credited reduced volatility and improved profits in its trading operations, as well as record results from its asset management and commercial banking divisions.
In the tech sector, Yahoo's report of an -11% decline in its Q1 profit disappointed investors who were expecting more of an impact from its revised search advertising platform known as Panama. The stock declined -11.8% in today's trading. Subscribers can read our detailed analysis of Yahoo's results in today's issue.. Motorola swung to a Q1 loss as continued weakness in its once-booming mobile phone business weighed on results. Motorola said it expects its handset business to return to profitability by the second half of the year, but many analysts expressed doubt that this would happen.
Not all of the reports coming out of the tech sector were disappointing. The profit report from semiconductor bellwether Intel (Nasdaq: INTC) pleased investors that feared the company's market share battle with Advanced Micro Devices (NYSE: AMD) would cut further into profit margins. Intel, however, reported that its much-watched gross margin came in better than forecasted for Q1, leading the company to predict an increase in profitability in the second half of the year. The company reported earnings of 27 cents a share against 23 cents a share in the same period last year.
In other earnings news, shares of movie rental company Netflix (Nasdaq: NFLX) sank -9.4% as the company's improved Q1 results still fell short of analyst forecasts. The company earned $9.9 million, or 14 cents a share, against $4.4 million, or 7 cents a share, in the year-earlier quarter. Analysts were looking for EPS of 16 cents, according to Thompson Financial.
The tanker sector moved higher after Teekay Shipping (NYSE: TK) announced late Tuesday that it would join with Danish shipping concern A/S Dampskibsselskabet TORM (Nasdaq: TRMD) to buy oil-tanker operator OMI (NYSE: OMM) for $1.8 billion in cash. Teekay's shares advanced 7.2% today on the news. Other shipping concerns were up in today's action as well, including Overseas Shipholding Group (NYSE: OSG), which added 10.3%.
By the BullMarket.com Staff

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Biggest Stock Decliners Wednesday

Symbol
Name
Last Trade
Change
Volume
Related Info
BDSI
BIODELIVERY SCI INTL
4.78 12:42PM ET
1.12 (18.98%)
293,705

TRBM
TERABEAM INC
2.57 12:40PM ET
0.36 (12.29%)
283,115

MDII
MDI INC
1.93 12:43PM ET
0.30 (13.45%)
943,004

VSF
VITA FD PRODUCTS INC
1.64 9:44AM ET
0.24 (12.77%)
3,200

YHOO
YAHOO INC
28.38 12:42PM ET
3.71 (11.56%)
86,782,211

DEAR
DEARBORN BANCORP
15.50 12:42PM ET
1.84 (10.60%)
154,992

IVAC
INTEVAC INC
24.16 12:43PM ET
2.57 (9.61%)
895,577

BMI
BADGER METER INC
25.11 12:38PM ET
2.74 (9.84%)
181,000

LCBM
LIFECORE BIOMEDICA
17.83 12:42PM ET
1.52 (7.86%)
226,429
ESLR
EVERGREEN SOLAR IN
10.88 12:43PM ET
1.02 (8.57%)
5,454,584

RLRN
RENAISSANCE LEARNI
12.01 12:40PM ET
1.12 (8.53%)
80,155

CGNX
COGNEX CP
20.80 12:42PM ET
1.98 (8.69%)
733,106

EPCT
EPICEPT CORPORATION
2.2000 12:40PM ET
0.2000 (8.33%)
189,791

UNIB
UNIVERSITY BNCP MICH
1.84 9:36AM ET
0.16 (8.00%)
400

NFLX
NETFLIX INC
22.00 12:42PM ET
1.96 (8.18%)
5,198,739

OSCI
OSCIENT PHARMACEUT
7.13 12:42PM ET
0.61 (7.88%)
467,370

TMNG
MANAGEMENT NTWK GR
1.85 12:07PM ET
0.10 (5.13%)
36,930

PPHM
PEREGRINE PHARMA INC
1.10 12:43PM ET
0.07 (5.95%)
1,608,510

HBHC
HANCOCK HLDG CO
40.68 12:42PM ET
3.30 (7.50%)
425,979

TRCR
TRANSCEND SVCS
9.80 12:42PM ET
1.08 (9.93%)
205,908

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Monday, March 26, 2007

Hot Stocks to Watch Today

Bullish
Laps Down 5% or More: These are stocks that lap down by 5% or more and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that lap down by more than 5% have shown positive returns, on average, 1-day, 2-days and 1-week later. Historically, these stocks have provided traders with a significant edge.
CSX Corporation (NYSE:CSX - News). CSX's PowerRating is 5.
Stocks Down 10% or More: These are stocks that have lost 10% or more over the past five days and are trading above their 200-day moving average. Our research shows that stocks trading above their 200-day moving average that have lost 10% or more over the past five 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.
Nortel Networks (NYSE:NT - News). NT's PowerRating is 9.
Bearish
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. Historically, these stocks have provided traders with a significant edge.
Swift Energy (NYSE:SFY - News). SFY's PowerRating 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.
United Parcel Service (NYSE:UPS - News). UPS's PowerRating is 4.
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.
Netflix (NasdaqGS:NFLX - News) & SanDisk (NasdaqGS:SNDK - News). NFLX's PowerRating is 3, and SNDK's PowerRating 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.
Coldwater Creek (NasdaqGS:CWTR - News). CWTR's PowerRating is 2.
PowerRatings are courtesy of PowerRatings.net

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Wednesday, January 24, 2007

Telecoms to Dominate this Year

Each year I tend to assess where I stand in the scheme of my investments and my career. Having spent the past sixteen years in media and marketing, I've had a lens into what I believe is the future of this business. I certainly have had a chance to see the past. Timing is everything and we're at a major inflection point.
For the past month or so, I've been obsessing, feeling like I might be a bit out of step with what's happening in the marketplace. The media landscape is turmoil right now. When you confuse an issue of AdAge for a flimsy Sunday circular, you know there is trouble in the media and marketing world. But where there's trouble, there's tremendous opportunity.
We're coming full circle and seeing the same businesses surge again. Technology and content are finally starting to synchronize and it's exciting.
A great strategist I worked with on Sun Microsystems (Mike Breen -- Parallel Thinking) would offer the familiar quote attributed to Benjamin Franklin and Albert Einstein:
"The definition of insanity is doing the same thing over and over and expecting different results."
I would posit, the definition of insanity is to NOT do the same thing over and over without expecting huge returns.
The results are staring to appear and guess what, they are different than what we saw in the late 90's or during the dot-bomb. Whether it's YouTube (a.k.a, the Kazaa/Napster/LimeWire of video) FaceBook or MySpace (the Geocities or Globe of present day) or the telephone business, I am seeing history repeat itself.
In 1998 I worked on launching Qwest. Not US West, but the Joe Nacchio Qwest that was progressive, arrogant and pushing the limits of bandwidth in the U.S. -- Ride the Light was the line. Ultimately it became "Ride the Lie" for the investment community.
Qwest built an infrastructure to handle massive amounts of data. The only problem was the data wasn't there. Now the data is moving in that direction and the companies of the past that survived are poised to surge again. They're doing the same thing all over again, but this time, they will see different results.
A great example of companies poised to fill these pipes are Netflix (NASDAQ:NFLX - News) and Blockbuster (NYSE:BBI - News). (Broadband is the saving grace of Blockbuster's dying brand. Let's save that for another story. Although Netflix a $22 stock is down about 20% in the past three months and Blockbuster $6 is up about 45% in the same period. Keep an eye on Blockbuster -- don't call it a comeback yet.)
The other night Steven Colbert did a financial segment where he dissected the recent news that Cingular was now going to "de-brand itself" and become AT&T. Hey -- we've seen this before, AT&T spun off AT&T wireless to create...you guessed it, Cingular. What comes around goes around.
Like you, I'm an investor. As an investor I look for look for trends and machinations in the markets that enable me to get the win and make some money.
For the past year, we have seen the excitement of Google, YouTube and MySpace. We have seen Steve Jobs introduce beautifully designed devices that "revolutionize" the PC, phone and video.
This year will be one of the most tumultuous and revolutionary years in media and communications for the simple fact that people are starting to figure out what works. Actually, people are starting to figure out what worked and they're doing it again. Only this time, they are doing it without the limitations of bandwidth.
I wrote a piece about a year ago that there would be a battle for bandwidth in the coming years. That the cable companies and the telcos would duke it out. The race really heated up about a year ago when AT&T (NYSE:T - News) threw its hat into the ring with ads that touted phone, internet and video from one company. Verizon (NYSE:VZ - News) also entered that pitch.
Both recognized one thing; there are two kinds of devices, input and output. Input are the touch pads, the mouse (would they be "mice" plural?) keyboards and remote controls. Output devices are essentially screens. Everything from the 1 inch one on a cell phone to the 108 inch Sharp that we just saw introduced at the Consumer Electronics Show.
So now the challenge comes down to the delivery. And my outlook on who will win is changing a bit. I'm leaning more towards the telcos than the cable companies. The irony of this premise is pretty funny as I wrote this article Monday and in Tuesday's NY Post, there's an article on Cablevision's business cannibalization by Verizon.
The cable companies are isolated. They own small footprints around the country and there is very limited consolidation in the space. The telcos have something called fiber. It was unrolled around the globe like a giant ball of twine about seven years ago if not more. Global Crossing (NASDAQ:GLBC - News), Level3 (NASDAQ:LVLT - News), Qwest (NYSE:Q - News) and yes AT&T (T) all laid fiber and they laid it on thick. They laid it on so thick that many of them almost went out of business. Well....they're back!
The cable companies don't have any infrastructure like this. Telephony is now at maturation with general standardization of processes and technologies. At it simplest level CTI or Compute Telephony Integration allows a lot of the features that synchronize computers and telephones globally. The processes to create and manage phone based data are mature and are rapidly being applied to the more bandwidth intensive data like video.
So, I'm putting my money into the telco hat. I'm banking on telcos buying content companies. I'm banking potential mergers like AT&T with a Time Warner or Disney. Remember the rumors a year ago -- Comcast may make a bid for Disney? They missed the opportunity.
This will be the year of the telco. It will be the year when the telcos finally figure out how to acquire and better yet retain their user base. It's back to the future. It just took them about seven more years than I expected to figure it out.
Editor's note: Kevin Wassong is President of Minyanville Publishing and Multimedia. Wassong has positions in TimeWarner, Comcast and AT&T.
Published by Kevin Wassong at MarketWatch

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Tuesday, January 16, 2007

Today's Biggest Advancers

Monro Muffler Brake Inc. (NASDAQ:MNRO - News) said third-quarter net income for the three months ended Dec. 23 rose 20% to $4.9 million or 32 cents a share, from $4.1 million, or 27 cents a share in the year-ago period. Analysts surveyed by Thomson First Call forecast earnings of 32 cents a share, on average. Sales grew 15% to $103.8 million, a record. Looking ahead, the Rochester, N.Y. retailer expects fourth-quarter earnings of 37-40 cents a share, compared to the First Call estimate of 40 cents a share.
NCR Corp. (NYSE:NCR - News) expects fourth-quarter per-share earnings of 91 cents or higher. The average earnings estimate of five analysts surveyed by Thomson First Call is 80 cents a share. NCR, of Dayton, Ohio, said it expects fourth-quarter revenue of more than $1.8 billion. The company also forecast 2006 per-share earnings at $2.04 or higher, before adjustments. The average estimate of analysts is $1.97 a share. NCR expects 2007 earnings of $2.40 to $2.50 a share. The 2007 average earnings estimate of analysts is $2.46 a share.
Netflix (NASDAQ:NFLX - News) shares rose after the company unveiled a feature allowing subscribers to immediately watch movies and television series on their computers. The company plans to make the option available to subscribers in a phased roll-out over the next six months.
Nokia (NYSE:NOK - News) was upgraded to buy from sell at Goldman Sachs. The firm said it believes a perfect storm of negative news, including a profit warning at U.S. rival Motorola and the launch of Apple's iPhone, has coincided with the bottom of Nokia's profit cycle, driving the stock's 17% underperformance relative to the FTSE Europe since July. The broker, however, said it expects the stock to rebound from there, especially after the Finnish company posts quarterly results next week. "We have high confidence that Nokia will post solid fourth-quarter earnings of 0.27 euro a share, allowing 2007 EPS to bottom, while new products should drive a recovery in sentiment as well as average selling prices and gross margins during the first half of 2007," the firm said.
PerkinElmer Inc. (NYSE:PKI - News) was upgraded to buy from neutral at UBS. The firm also lifted its price target on the stock to $27 from $23.
Phoenix Technologies Ltd. (NASDAQ:PTEC - News) was in focus after Ramius Capital Group's Admiral Advisors unit Tuesday disclosed a revised bid to acquire the company for $5.25 per share in cash. The firm, which is Phoenix's largest shareholder, said its non-binding offer isn't subject to financing but does carry other conditions, including completion of due diligence.
PW Eagle (NASDAQ:PWEI - News) agreed to be acquired by J.M. Manufacturing for $400 million, or $33.50 per share in cash. PW Eagle in May announced it was considering strategic alternatives. The pipe maker's stock closed at $29.86 on Friday.
Retalix Ltd. (NASDAQ:RTLX - News) affirmed its estimate that fourth-quarter net income would come in at more than $1.6 million, adjusted net would exceed $4 million, and revenue would exceed $54 million. The adjusted-profit figure excludes equity-based compensation costs of $1.7 million and acquisition-related amortization of $700,000, after taxes, Retalix said in a statement.
Sirius Satellite (NASDAQ:SIRI - News) was upgraded to overweight from neutral at J.P. Morgan. The firm made the same call on XM Satellite Holdings (NASDAQ:XMSR - News). J.P. Morgan said it is now assuming that growth rates for the companies have peaked, but even with cautious growth assumptions, the broker said it sees Sirius having more than 15 million subscribers by 2010 and XM having more than 14 million subscribers. These subscription levels will be largely due to deals with automakers to get satellite radio preinstalled in new cars. "We see potential upside as the momentum in the industry appears to be towards making satellite radio a standard feature, which is not yet included in our models," J.P. Morgan said. It added there is also the possibility that the two companies could attempt a merger in 2007, though regulatory approval would not be certain. XM, for its part, was also downgraded to neutral at Banc of America Securities.
Smith & Wollensky Restaurant Group (NASDAQ:SWRG - News) shares soared after Landry's Restaurants (NYSE:LNY - News) offered to acquire the company for $7.50 per share. Landry's noted this consideration represents roughly a 50% premium to Friday's close for Smith & Wollensky shares at $5.03 each. "We believe that a combination of the two companies would be in the best interest of the stockholders of both companies," said Tilman Fertitta, Landry's chairman, president and CEO, in a statement.
Taleo Corp. (NASDAQ:TLEO - News) was upgraded to overweight from neutral at J.P. Morgan.
TD Ameritrade (NASDAQ:AMTD - News) said its first quarter net income rose to $145.6 million, or 24 cents a share from $86 million, or 21 cents a share a year ago. In the latest quarter, there were 612.8 million average shares outstanding, compared to 417.1 million shares a year ago. Net income in the latest quarter included a gain of $614,000 from the sale of investments. Net revenues in the first quarter rose to $535.2 million, compared to $277.3 million a year ago. Analysts polled by Thomson First Call had, on average, expected the company to earn 22 cents a share on revenue of $517 million. The company also reaffirmed the $1.10 a share midpoint in its estimated outlook for earnings for fiscal 2007.
USI Holdings Corp. (NASDAQ:USIH - News) agreed to be acquired by GS Capital Partners, a private equity affiliate of Goldman Sachs (NYSE:GS - News) for $17 per share. The transaction is valued at roughly $1.4 billion, including debt repayment. The $17 per share consideration represents a 20.5% premium to the average closing price for USI's common shares during the 30 calendar days prior to Oct. 24.
WCI Communities (NYSE:WCI - News) shares rallied after billionaire financier Carl Icahn said in a regulatory filing that he's increased his stake in the company, and has accumulated about 14.6% of the company's outstanding shares. Icahn said he plans to contact the company to get its views "on how to unlock the inherent value of the shares."
XTL Biopharmaceuticals Ltd. (NASDAQ:XTLB - News) shares rose after the company said its subsidiary has signed an agreement with Dov Pharmaceutical Inc. (Other OTC:DOVP.PK - News) to in-license the worldwide rights for Bicifadine for the treatment of neuropathic pain. Under the terms of the deal, XTL will make an up-front payment of $7.5 million in cash, in addition to milestone payments of up to $126.5 million in cash and/or ordinary shares over the life of the license. XTL said it must also pay royalties on sales of the product.
Zevex International (NASDAQ:ZVXI - News) agreed to be acquired by Moog (AMEX:MOG.TO - News) for $13 per share for a maximum purchase of $83.8 million. Following the merger, expected to close in March, Zevex will become a part of Moog's Medical Devices Segment.

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Friday, January 12, 2007

Friday's Biggest Stock Decliners

Advanced Micro Devices (NYSE:AMD - News) shares fell 9.5% after it said it sees fourth-quarter revenue, excluding ATI, rising 3% sequentially. The Sunnyvale, Calif.-based chip company said it expects operating income in the quarter, excluding ATI and acquisition-related charges, to be "substantially" lower than in the third quarter due to lower microprocessor average selling prices.
CalAmp (NASDAQ:CAMP - <