Seth Klarman, founder of the Baupost Group in 1982 and its leader ever since,
revealed the firms third-quarter holdings Nov. 14. Satellite maker ViaSat
(NASDAQ: VSAT ) was its third-largest holding with 10.5 million shares valued at
$350 million. Klarman now owns 24.9% of ViaSat. One of the best value investors
anywhere, Baupost first took a position in the second quarter of 2008. In the
span of three years, it has increased this position tenfold. As hard as it is to
bet against Klarman, Im recommending investors sell ViaSat and buy rival
communications and info-tech provider Harris Corp. (NYSE: HRS ) in its place.
Heres why. Good Company I first wrote about ViaSat in July 2010. At the time, I
concluded that the company, which sells satellite and wireless communications
and secure networking systems, didnt provide investors with growth at a
reasonable price. However, because Klarman was its biggest investor, I reasoned
that this genius sees an opportunity too big to be overly concerned about value.
ViaSat is a good company for sure, but since its trading at or near a 52-week
high and with a P/E ratio of 57.4 times this years earnings, investors
considering purchasing its stock at this time might want to think twice. Klarman
is a billionaire and can afford to wait for the opportunity he sees to arrive.
You likely cant. ViaSats revenues for the first two quarters of the year grew
7.2% to $418.1 million while operating income dropped 69.3% to $6.3 million. On
a non-GAAP basis, its earnings declined 12.7% to
Tuesday, November 22, 2011
Top 10 Fastest-Growing Micro Cap Stocks: RENT, NPTN, BONA, RLOC, CKSW, EPOC, MERU, CBR, SMBL, MCHX (Nov 22, 2011)
Below are the top 10 fastest-growing Micro Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BONA) is on the list. Rentrak Corporation (NASDAQ:RENT) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 62.3%. This number is based on the average estimate of
3 brokerage analysts. NeoPhotonics Corp (NYSE:NPTN) is the second
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 54.5%. This number is based on the average estimate of
4 brokerage analysts. Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 50.4%. This number is based on the average estimate of
3 brokerage analysts. ReachLocal Inc. (NASDAQ:RLOC) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 46.7%. This number is based on the average estimate of
3 brokerage analysts. ClickSoftware Technologies Ltd. (NASDAQ:CKSW) is the fifth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 37.7%. This number is based on the average estimate of
3 brokerage analysts. Epocrates, Inc. (NASDAQ:EPOC) is the sixth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 34.7%. This number is based on the average estimate of 3 brokerage
analysts. Meru Networks, Inc. (NASDAQ:MERU) is the seventh fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
28.3%. This number is based on the average estimate of 3 brokerage analysts.
CIBER, Inc. (NYSE:CBR) is the eighth fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 27.0%. This number
is based on the average estimate of 3 brokerage analysts. Smart Balance, Inc.
(NASDAQ:SMBL) is the ninth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 26.7%. This number is based on
the average estimate of 3 brokerage analysts. Marchex, Inc. (NASDAQ:MCHX) is the
10th fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 25.3%. This number is based on the average estimate
of 4 brokerage analysts.
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BONA) is on the list. Rentrak Corporation (NASDAQ:RENT) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 62.3%. This number is based on the average estimate of
3 brokerage analysts. NeoPhotonics Corp (NYSE:NPTN) is the second
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 54.5%. This number is based on the average estimate of
4 brokerage analysts. Bona Film Group Ltd (ADR) (NASDAQ:BONA) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 50.4%. This number is based on the average estimate of
3 brokerage analysts. ReachLocal Inc. (NASDAQ:RLOC) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 46.7%. This number is based on the average estimate of
3 brokerage analysts. ClickSoftware Technologies Ltd. (NASDAQ:CKSW) is the fifth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 37.7%. This number is based on the average estimate of
3 brokerage analysts. Epocrates, Inc. (NASDAQ:EPOC) is the sixth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 34.7%. This number is based on the average estimate of 3 brokerage
analysts. Meru Networks, Inc. (NASDAQ:MERU) is the seventh fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
28.3%. This number is based on the average estimate of 3 brokerage analysts.
CIBER, Inc. (NYSE:CBR) is the eighth fastest-growing stock in this segment of
the market. Its long-term annual EPS growth is expected to be 27.0%. This number
is based on the average estimate of 3 brokerage analysts. Smart Balance, Inc.
(NASDAQ:SMBL) is the ninth fastest-growing stock in this segment of the market.
Its long-term annual EPS growth is expected to be 26.7%. This number is based on
the average estimate of 3 brokerage analysts. Marchex, Inc. (NASDAQ:MCHX) is the
10th fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 25.3%. This number is based on the average estimate
of 4 brokerage analysts.
Sirius Is Worth the Risk, Even If John Malone Doesn’t Raise His Bet
Sirius XM Radio (NASDAQ: SIRI ) shares jumped nearly 4% Monday after the New
York Pos t reported that billionaire John Malones Liberty Media (NASDAQ: LCAPA )
was set to "double down" on his earlier bet on the satellite radio provider
that saved it from bankruptcy. That would surely give Sirius some added lift.
But even if the rumor is baseless, investors should bet on the company. For one
thing, its stock is reasonably valued. Sirius trades at a price-earnings ratio
of 51.43, still high but cheaper than where it has been in the past five years,
according to Reuters . Its multiple on a price-sales basis is 2.25, in line with
the S&P 500's 2.11. Year-to-date, Sirius is up more than 13%, beating the
NASDAQ Composite index, which is off almost 5%. Wall Street has a mean price
target on the New York-based company of $2.30, well above the $1.85 level where
it closed Monday. Plenty seems to be going right for Sirius. As of Sept. 30 , it
had a record subscriber base of more than 21 million, up 7% from a year earlier.
York Pos t reported that billionaire John Malones Liberty Media (NASDAQ: LCAPA )
was set to "double down" on his earlier bet on the satellite radio provider
that saved it from bankruptcy. That would surely give Sirius some added lift.
But even if the rumor is baseless, investors should bet on the company. For one
thing, its stock is reasonably valued. Sirius trades at a price-earnings ratio
of 51.43, still high but cheaper than where it has been in the past five years,
according to Reuters . Its multiple on a price-sales basis is 2.25, in line with
the S&P 500's 2.11. Year-to-date, Sirius is up more than 13%, beating the
NASDAQ Composite index, which is off almost 5%. Wall Street has a mean price
target on the New York-based company of $2.30, well above the $1.85 level where
it closed Monday. Plenty seems to be going right for Sirius. As of Sept. 30 , it
had a record subscriber base of more than 21 million, up 7% from a year earlier.
Top 10 Fastest-Growing Small Cap Stocks: ALLT, MMYT, YOKU, DANG, SONO, CSOD, CTCT, TLEO, ZOLL, BYD (Nov 22, 2011)
Below are the top 10 fastest-growing Small Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. Two Chinese
companies (YOKU, DANG) are on the list. Allot Communications Ltd. (NASDAQ:ALLT)
is the first fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 93.3%. This number is based on the average
estimate of 3 brokerage analysts. MakeMyTrip Limited (NASDAQ:MMYT) is the second
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 83.0%. This number is based on the average estimate of
4 brokerage analysts. Youku.com Inc (ADR) (NYSE:YOKU) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 56.9%. This number is based on the average estimate of
3 brokerage analysts. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the
fourth fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 53.3%. This number is based on the average estimate
of 3 brokerage analysts. SonoSite, Inc. (NASDAQ:SONO) is the fifth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 43.6%. This number is based on the average estimate of
5 brokerage analysts. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) is the sixth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 43.3%. This number is based on the average estimate of
3 brokerage analysts. Constant Contact, Inc. (NASDAQ:CTCT) is the seventh
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.6%. This number is based on the average estimate of
5 brokerage analysts. Taleo Corporation (NASDAQ:TLEO) is the eighth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.5%. This number is based on the average estimate of
6 brokerage analysts. ZOLL Medical Corporation (NASDAQ:ZOLL) is the ninth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.0%. This number is based on the average estimate of
6 brokerage analysts. Boyd Gaming Corporation (NYSE:BYD) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 38.6%. This number is based on the average estimate of
4 brokerage analysts.
long-term earnings growth rate estimated by Wall Street analysts. Two Chinese
companies (YOKU, DANG) are on the list. Allot Communications Ltd. (NASDAQ:ALLT)
is the first fastest-growing stock in this segment of the market. Its long-term
annual EPS growth is expected to be 93.3%. This number is based on the average
estimate of 3 brokerage analysts. MakeMyTrip Limited (NASDAQ:MMYT) is the second
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 83.0%. This number is based on the average estimate of
4 brokerage analysts. Youku.com Inc (ADR) (NYSE:YOKU) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 56.9%. This number is based on the average estimate of
3 brokerage analysts. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the
fourth fastest-growing stock in this segment of the market. Its long-term annual
EPS growth is expected to be 53.3%. This number is based on the average estimate
of 3 brokerage analysts. SonoSite, Inc. (NASDAQ:SONO) is the fifth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 43.6%. This number is based on the average estimate of
5 brokerage analysts. Cornerstone OnDemand, Inc. (NASDAQ:CSOD) is the sixth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 43.3%. This number is based on the average estimate of
3 brokerage analysts. Constant Contact, Inc. (NASDAQ:CTCT) is the seventh
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.6%. This number is based on the average estimate of
5 brokerage analysts. Taleo Corporation (NASDAQ:TLEO) is the eighth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.5%. This number is based on the average estimate of
6 brokerage analysts. ZOLL Medical Corporation (NASDAQ:ZOLL) is the ninth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 40.0%. This number is based on the average estimate of
6 brokerage analysts. Boyd Gaming Corporation (NYSE:BYD) is the 10th
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 38.6%. This number is based on the average estimate of
4 brokerage analysts.
Top 10 Fastest-Growing Large Cap Stocks: LVS, WFT, BIDU, BRFS, AA, RRC, MPC, WYNN, ALXN, EOG (Nov 22, 2011)
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tdp2664 China Analyst Below are the top 10 fastest-growing Large Cap stocks, based on the average long-term earnings growth rate estimated by Wall Street analysts. One Chinese company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the first fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 53.1%. This number is based on the average estimate of 4 brokerage analysts. Weatherford International Ltd. (NYSE:WFT) is the second fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 50.4%. This number is based on the average estimate of 5 brokerage analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the third fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 49.7%. This number is based on the average estimate of 15 brokerage analysts. BRF Brasil Foods SA(ADR) (NYSE:BRFS) is the fourth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 41.2%. This number is based on the average estimate of 2 brokerage analysts. Alcoa Inc. (NYSE:AA) is the fifth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 40.9%. This number is based on the average estimate of 2 brokerage analysts. Range Resources Corp. (NYSE:RRC) is the sixth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 40.0%. This number is based on the average estimate of 7 brokerage analysts. Marathon Petroleum Corp (NYSE:MPC) is the seventh fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 39.6%. This number is based on the average estimate of 3 brokerage analysts. Wynn Resorts, Limited (NASDAQ:WYNN) is the eighth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 37.9%. This number is based on the average estimate of 5 brokerage analysts. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the ninth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 37.1%. This number is based on the average estimate of 12 brokerage analysts. EOG Resources, Inc. (NYSE:EOG) is the 10th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 33.5%. This number is based on the average estimate of 4 brokerage analysts.
Top 10 Fastest-Growing Mid Cap Stocks: LNKD, TXT, MPEL, CXO, SM, ATI, UTHR, QCOR, ACI, BEXP (Nov 22, 2011)
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tdp2664 China Analyst Below are the top 10 fastest-growing Mid Cap stocks, based on the average long-term earnings growth rate estimated by Wall Street analysts. One Chinese company (MPEL) is on the list. Linkedin Corporation (NYSE:LNKD) is the first fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 82.4%. This number is based on the average estimate of 5 brokerage analysts. Textron Inc. (NYSE:TXT) is the second fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 56.8%. This number is based on the average estimate of 4 brokerage analysts. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the third fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 56.3%. This number is based on the average estimate of 2 brokerage analysts. Concho Resources Inc. (NYSE:CXO) is the fourth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 48.9%. This number is based on the average estimate of 6 brokerage analysts. SM Energy Co. (NYSE:SM) is the fifth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 46.2%. This number is based on the average estimate of 3 brokerage analysts. Allegheny Technologies Incorporated (NYSE:ATI) is the sixth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 45.8%. This number is based on the average estimate of 2 brokerage analysts. United Therapeutics Corporation (NASDAQ:UTHR) is the seventh fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 44.8%. This number is based on the average estimate of 6 brokerage analysts. Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is the eighth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 42.3%. This number is based on the average estimate of 4 brokerage analysts. Arch Coal Inc (NYSE:ACI) is the ninth fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 41.2%. This number is based on the average estimate of 5 brokerage analysts. Brigham Exploration Company (NASDAQ:BEXP) is the 10th fastest-growing stock in this segment of the market. Its long-term annual EPS growth is expected to be 41.0%. This number is based on the average estimate of 4 brokerage analysts.
Silver and Gold Price Are In a Routine Correction In a Bull Market, Keep Averaging Down
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DG365FD46564GFH654FU898 Gold Price Close Today : 1702.20 Change : 23.90 or 1.4% Silver Price Close Today : 3294.8 Change : 183.5 cents or 5.9% Gold Silver Ratio Today : 51.663 Change : -2.279 or -4.2% Silver Gold Ratio Today : 0.01936 Change : 0.000818 or 4.4% Platinum Price Close Today : 1570.00 Change : 17.60 or 1.1% Palladium Price Close Today : 603.05 Change : 13.65 or 2.3% S&P 500 : 1,188.04 Change : -4.94 or -0.4% Dow In GOLD$ : $139.58 Change : $ (2.63) or -1.9% Dow in GOLD oz : 6.752 Change : -0.127 or -1.9% Dow in SILVER oz : 348.84 Change : -22.30 or -6.0% Dow Industrial : 11,493.72 Change : -53.59 or -0.5% US Dollar Index : 78.26 Change : -0.036 or 0.0% The GOLD PRICE and the SILVER PRICE took the FOMC announcement the other way, or, more likely, merely bounced from yesterday’s steep falls. GOLD PRICE climbed 23.90 to close at $1,702.20, which unhappily falls short of the $1,705 support/resistance. The breakdown at $1,712 has now become the new resistance, so unless and until gold can conquer that price, it will continue to fall. Underneath, first support stands at $1,670. High today reached only $1,705.13. The SILVER PRICE was stopped by 3300c. It’s still possible that we are seeing a sort of double bottom for silver with lows at 3100c last Thursday and at 3063 yesterday. Today silver added a meaty 183.5c to close at 3294.8 on Comex. Yet without piercing 3300c, silver is fated to drop more. GOLD and SILVER are in a routine correction in a bull market. Keep on averaging down as they feel around for a bottom. I reckon it’s because I have no subtlety and am nothing but a natural born fool from Tennessee, but if there’s one thing that raises my dander and makes me want to tap dance on somebody’s head, it’s bureaucratic circumlocution — talking all around what you need to say to avoid really saying it but trying to say it at the same time. For example, if you see somebody’s head is on fire and he doesn’t know it yet, how about shouting, “Your head’s on fire!” This economical use of English conveys the needful information with a minimum waste of letters and words. What would you think of a goof who instead said, “Excuse me, but I believe that the kindling temperature of your hair fibers has nearly been reached, raising the distinct but not yet certain probability that, should conditions not change and rain not fall from the sky, the temperature rise might result in the combustion of your entire cranial surface.” The man’s head is SMOKING, goof ball! Talk plain. Not those goofs at the Federal Reserve, who specialize in circumlocution, obfuscation, prolixity, pleonasm, wordiness, evasion, and beating around the bush. Today the Fed released the minutes of the 1-2 November Federal Open Market Committee. Shucked down to the kernel, its was “maybe we might print up even more money, but then again, maybe not.” Then — Oh, fail me not, Blessed Patience — they discussed options for improving their communications policies! Y’all, the ship of state has been hijacked by clowns. Bozo and Clarabelle could do better than this, and they’d be lots more entertaining. Markets didn’t know what to make of this. Dow had dropped 53.59 (0.46%) by day’s end to 11,493.72, working its way down to the targeted 11,250. S&P500 dropped 4.94 (0.41%) to 1,188.04. Y’all think about this, too. Markets are as sensitive to uncertainty as Johnson Grass is to Round-up. You spray ‘em with uncertainty and they wilt. Yet the Lords of the Fed vacillate like a dying gyroscope. Mercy, we’ve fallen into a lunatic asylum. US DOLLAR INDEX went nowhere, down 3.6 basis points to 78.264. Euro closed 1.3511, up a sliver of 0.16%. Yen dropped to 129.93c/ Y100 (Y76.96/$1). Flatlining, but part of that might be investors laying low, anticipating the US Thanksgiving holiday. Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Netflix, Groupon Bomb — Tuesday’s IP Market Recap
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tdp2664 InvestorPlace Netflix (NASDAQ: NFLX ), in keeping with its seemingly monthly tradition of doling out bad news, gave investors more than they could stomach Monday with a pair of lousy announcements, leading its stock to drop off yet again Tuesday. Netflix, which previously had warned that it would be unprofitable for a few quarters starting in 2012, drew its pessimism out across the whole year with the announcement that it would lose money from start to finish. This news was coupled with the company saying it would sell $200 million worth of convertible bonds to Technology Crossover Ventures and $200 million in stock to T. Rowe Price's (NASDAQ: TROW ) mutual funds and accounts. Netflix said it was raising cash in an effort to buy more content for its video-streaming and DVD delivery service two months after it failed to renew a contract with media provider Starz. The 2012 forecast and the announced fundraising — which puts Netflix in a dangerous Catch-22 of spending money to try to catch up with declining revenue — knocked NFLX shares down 5.4% by the end of trading Tuesday. Hewlett-Packard (NYSE: HPQ ) offered up more fare for bad-news gluttons Monday by reporting disappointing fiscal Q4 earnings, then took a 5% dive early Tuesday before recovering to about $26.65, or down less than 1%, by the end of trading. HPQ beat analyst estimates with adjusted earnings per share of $1.17, but the company's fiscal 2012 earnings forecast of $4 per share was far below Wall Street expectations. Hewlett-Packard is down almost 40% in the past 52 weeks, but investors should be wary of considering it a value buy . One of the top blockbuster IPOs of the year , Groupon (NASDAQ: GRPN ), found itself hitting the rewind button Tuesday when it sank to $20.07 — just seven cents above its initial valuation of $20 when it went public Nov. 4. Groupon had been sitting mostly level for the past two weeks before shedding 10% Monday then another 15% today. Groupon's faceplant came just after LinkedIn (NYSE: LNKD ) spent most of the Monday down about 7% on its lockup agreement expiring . Three Up Gilead Sciences (NASDAQ: GILD ): Up 6.89% ($2.50) to $38.76. Youku.com (NASDAQ: YOKU ): Up 5.64% (82 cents) to $15.37. Melco Crown Entertainment (NASDAQ: MPEL ): Up 5.48% (46 cents) to $8.85. Three Down Frontline Ltd. (NYSE: FRO ): Down 41.04% ($2.13) to $3.06. ( Read more about Frontline here ) Nokia (NYSE: NOK ): Down 7.64% (46 cents) to $5.56. Campbell Soup (NYSE: CPB ): Down 5.27% ($1.77) to $31.84. As of this writing, Kyle Woodley did not hold a position in any of the aforementioned stocks. Check out our list of previous IP Market Recaps .
Volatility High as Gold, Silver Recover from Monday’s Plunge
Gold and silver were recovering Tuesday morning as financial markets stabilized
somewhat following Mondays sharp losses and loss of confidence this despite the
U.S. Bureau of Economic Analysis revising Q3 GDP downward to 2% from a previous
estimate of 2.5%. The bias is decidedly downward, with continued high volatility
expected across nearly all markets and asset classes given the persistent
inability of government leaders to resolve European Union sovereign debt and
U.S. budget issues. Shares of NovaGold Resources (AMEX: NG ) were surging higher
on reports of large, prominent hedge funds acquiring shares following last weeks
news that the company would spin off its Alaskan Ambler copper mining project
and sell as much as 50% of its stake in its Galore Creek copper and gold project
in British Columbia. Spot gold was more than 1.4% higher around 10:30 a.m.
Tuesday, while spot silver was up nearly 1.75%. Spot gold was bid at $1,701.10
per ounce with an ask price of $1,702.10, having traded at a high of $1,703.50
and a low of $1,685.60. The afternoon reference price fixing was set at $1,699,
according to Kitco market data . Spot silver was bid at $32.19 per ounce with an
ask price of $32.29. The morning high as of time of writing was $32.30, and the
low was $31.40. Mondays reference price was set at $31.85 in the London a.m.
Gold and silver trusts were showing strong gains Tuesday morning. The SPDR Gold
Trust (NYSE: GLD ) was around 1.2% higher. The iShares Gold Trust (NYSE: IAU )
was 1.1% higher. The iShares Silver Trust (NYSE: SLV ) was up around 2.7%. Gold
and silver mining ETFs also were recovering from Mondays sharp losses. The
Market Vectors Gold Miners ETF (NYSE: GDX ) was up around 1.2%. The Market
Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was around 2.4% higher. The Global
X Silver Miners ETF (NYSE: SIL ) was 1.4% higher. Shares of gold miners were
moving up sharply as well, with NovaGold Resources surging but volatile.
Agnico-Eagle Mines (NYSE: AEM ) was nearly 1.9% higher. Barrick Gold Corp.
(NYSE: ABX ) was around 1.6% higher. Goldcorp (NYSE: GG ) was up around 1.8%.
Newmont Mining Corp. (NYSE: NEM ) was around 0.8% higher. NovaGold Resources was
swinging widely, but up sharply, showing gains ranging between 3% and more than
5%. Silver miners shares werent participating in the recovery. Coeur dAlene
Mines Corp. (NYSE: CDE ) was around 0.5% lower. Hecla Mining (NYSE: HL ) was
down around 1%. Pan American Silver Corp. (NASDAQ: PAAS ) was around 0.3% lower.
Silver Wheaton Corp. (NYSE: SLW ) was flat to down slightly. Silver Standard
Resources Inc. (NASDAQ: SSRI ) was down between 0.2% and 0.5%. As of this
writing, Andrew Burger did not hold a position in any of the aforementioned
stocks.
somewhat following Mondays sharp losses and loss of confidence this despite the
U.S. Bureau of Economic Analysis revising Q3 GDP downward to 2% from a previous
estimate of 2.5%. The bias is decidedly downward, with continued high volatility
expected across nearly all markets and asset classes given the persistent
inability of government leaders to resolve European Union sovereign debt and
U.S. budget issues. Shares of NovaGold Resources (AMEX: NG ) were surging higher
on reports of large, prominent hedge funds acquiring shares following last weeks
news that the company would spin off its Alaskan Ambler copper mining project
and sell as much as 50% of its stake in its Galore Creek copper and gold project
in British Columbia. Spot gold was more than 1.4% higher around 10:30 a.m.
Tuesday, while spot silver was up nearly 1.75%. Spot gold was bid at $1,701.10
per ounce with an ask price of $1,702.10, having traded at a high of $1,703.50
and a low of $1,685.60. The afternoon reference price fixing was set at $1,699,
according to Kitco market data . Spot silver was bid at $32.19 per ounce with an
ask price of $32.29. The morning high as of time of writing was $32.30, and the
low was $31.40. Mondays reference price was set at $31.85 in the London a.m.
Gold and silver trusts were showing strong gains Tuesday morning. The SPDR Gold
Trust (NYSE: GLD ) was around 1.2% higher. The iShares Gold Trust (NYSE: IAU )
was 1.1% higher. The iShares Silver Trust (NYSE: SLV ) was up around 2.7%. Gold
and silver mining ETFs also were recovering from Mondays sharp losses. The
Market Vectors Gold Miners ETF (NYSE: GDX ) was up around 1.2%. The Market
Vectors Junior Gold Miners ETF (NYSE: GDXJ ) was around 2.4% higher. The Global
X Silver Miners ETF (NYSE: SIL ) was 1.4% higher. Shares of gold miners were
moving up sharply as well, with NovaGold Resources surging but volatile.
Agnico-Eagle Mines (NYSE: AEM ) was nearly 1.9% higher. Barrick Gold Corp.
(NYSE: ABX ) was around 1.6% higher. Goldcorp (NYSE: GG ) was up around 1.8%.
Newmont Mining Corp. (NYSE: NEM ) was around 0.8% higher. NovaGold Resources was
swinging widely, but up sharply, showing gains ranging between 3% and more than
5%. Silver miners shares werent participating in the recovery. Coeur dAlene
Mines Corp. (NYSE: CDE ) was around 0.5% lower. Hecla Mining (NYSE: HL ) was
down around 1%. Pan American Silver Corp. (NASDAQ: PAAS ) was around 0.3% lower.
Silver Wheaton Corp. (NYSE: SLW ) was flat to down slightly. Silver Standard
Resources Inc. (NASDAQ: SSRI ) was down between 0.2% and 0.5%. As of this
writing, Andrew Burger did not hold a position in any of the aforementioned
stocks.
Top 10 Fastest-Growing Mid Cap Stocks: LNKD, TXT, MPEL, CXO, SM, ATI, UTHR, QCOR, ACI, BEXP (Nov 22, 2011)
Below are the top 10 fastest-growing Mid Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (MPEL) is on the list. Linkedin Corporation (NYSE:LNKD) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 82.4%. This number is based on the average estimate of
5 brokerage analysts. Textron Inc. (NYSE:TXT) is the second fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 56.8%. This number is based on the average estimate of 4 brokerage
analysts. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 56.3%. This number is based on the average estimate of
2 brokerage analysts. Concho Resources Inc. (NYSE:CXO) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 48.9%. This number is based on the average estimate of
6 brokerage analysts. SM Energy Co. (NYSE:SM) is the fifth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
46.2%. This number is based on the average estimate of 3 brokerage analysts.
Allegheny Technologies Incorporated (NYSE:ATI) is the sixth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 45.8%. This number is based on the average estimate of 2 brokerage
analysts. United Therapeutics Corporation (NASDAQ:UTHR) is the seventh
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 44.8%. This number is based on the average estimate of
6 brokerage analysts. Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is the eighth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 42.3%. This number is based on the average estimate of
4 brokerage analysts. Arch Coal Inc (NYSE:ACI) is the ninth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 41.2%. This number is based on the average estimate of 5 brokerage
analysts. Brigham Exploration Company (NASDAQ:BEXP) is the 10th fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 41.0%. This number is based on the average estimate of 4 brokerage
analysts.
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (MPEL) is on the list. Linkedin Corporation (NYSE:LNKD) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 82.4%. This number is based on the average estimate of
5 brokerage analysts. Textron Inc. (NYSE:TXT) is the second fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 56.8%. This number is based on the average estimate of 4 brokerage
analysts. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 56.3%. This number is based on the average estimate of
2 brokerage analysts. Concho Resources Inc. (NYSE:CXO) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 48.9%. This number is based on the average estimate of
6 brokerage analysts. SM Energy Co. (NYSE:SM) is the fifth fastest-growing stock
in this segment of the market. Its long-term annual EPS growth is expected to be
46.2%. This number is based on the average estimate of 3 brokerage analysts.
Allegheny Technologies Incorporated (NYSE:ATI) is the sixth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 45.8%. This number is based on the average estimate of 2 brokerage
analysts. United Therapeutics Corporation (NASDAQ:UTHR) is the seventh
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 44.8%. This number is based on the average estimate of
6 brokerage analysts. Questcor Pharmaceuticals, Inc. (NASDAQ:QCOR) is the eighth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 42.3%. This number is based on the average estimate of
4 brokerage analysts. Arch Coal Inc (NYSE:ACI) is the ninth fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 41.2%. This number is based on the average estimate of 5 brokerage
analysts. Brigham Exploration Company (NASDAQ:BEXP) is the 10th fastest-growing
stock in this segment of the market. Its long-term annual EPS growth is expected
to be 41.0%. This number is based on the average estimate of 4 brokerage
analysts.
Netflix Scrambles for Cash to Buy New Shows
Sorry, Netflix (NASDAQ: NFLX ) fans. Those of you who still were believers in
the video streaming and DVD subscription service after the ugly Qwikster debacle
might have to start looking for alternatives. Netflix agreed to sell $400
million in stock and convertible notes this week in what some are calling a
desperate effort to raise cash and purchase the online rights to more content.
The move indicates not just an urgent need to bolster its streaming video
catalog but significant cash flow issues for a company that once was seen as the
biggest growth story on Wall Street. That's a dangerous trend. Netflix is
caught in a Catch-22, where it has to spend mammoth amounts of cash to purchase
streaming video rights but has trouble bringing in revenue as subscribers get
frustrated with its stale video catalog. Consider the double whammy of the Starz
deal , which will end Feb. 28. Netflix is about to lose 7% of its online movie
catalog as the streaming video deal ends, but the alternative was to mortgage
the entire company to keep the agreement afloat. Netflix reportedly offered $300
million, but that wasn't enough to make Starz happy. Netflix now has created
an alliance with Technology Crossover Ventures, which will purchase $200 million
in convertible bonds debt that eventually will become NFLX stock and T. Rowe
Price (NASDAQ: TROW ) and its family of mutual funds will buy $200 million in
stock. The move is clearly meant to avoid the squeeze of a Starz deal again.
With the debt, Netflix can afford to make a big-ticket content partnership.
However, this is not a reason for consumers or investors to be cheerful. An
analyst with Wedbush Securities told Bloomberg this morning, "It's
essentially saying, 'We expect to continue to have cash-flow problems for a
long time.' It's a bad deal for shareholders and it looks desperate." In
short, Netflix is going to have to keep taking on big obligations like this to
get more content. If it doesn't, it will lose subscribers as its content
becomes less engaging and less current. This would be bad enough, but NFLX stock
still is reeling under the hubris of CEO Reed Hastings and his heavy-handed plan
to split Netflix into two separate companies. What's more, a small price
increase meant to fund streaming video deals in the same way as this recent
debt angered many customers and resulted in an exodus of 800,000 Netflix
subscribers. Shares are off 60% this year and down more than 75% from peak
valuations over $300 this summer. There are some who are hopeful for Netflix
still. There is a lot of growth potential abroad for Netflix , and there is
currency in the fact that NFLX was the "first mover" into streaming video.
However, as Hulu is considering an IPO and Amazon (NASDAQ: AMZN ) pushes
hardcore into the streaming space, it might only get more difficult for Netflix
to connect with both content providers and consumers alike. Jeff Reeves is the
editor of InvestorPlace.com. Write him at editor@investorplace.com , follow him
on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As
of this writing, he did not own a position in any of the aforementioned stocks.
the video streaming and DVD subscription service after the ugly Qwikster debacle
might have to start looking for alternatives. Netflix agreed to sell $400
million in stock and convertible notes this week in what some are calling a
desperate effort to raise cash and purchase the online rights to more content.
The move indicates not just an urgent need to bolster its streaming video
catalog but significant cash flow issues for a company that once was seen as the
biggest growth story on Wall Street. That's a dangerous trend. Netflix is
caught in a Catch-22, where it has to spend mammoth amounts of cash to purchase
streaming video rights but has trouble bringing in revenue as subscribers get
frustrated with its stale video catalog. Consider the double whammy of the Starz
deal , which will end Feb. 28. Netflix is about to lose 7% of its online movie
catalog as the streaming video deal ends, but the alternative was to mortgage
the entire company to keep the agreement afloat. Netflix reportedly offered $300
million, but that wasn't enough to make Starz happy. Netflix now has created
an alliance with Technology Crossover Ventures, which will purchase $200 million
in convertible bonds debt that eventually will become NFLX stock and T. Rowe
Price (NASDAQ: TROW ) and its family of mutual funds will buy $200 million in
stock. The move is clearly meant to avoid the squeeze of a Starz deal again.
With the debt, Netflix can afford to make a big-ticket content partnership.
However, this is not a reason for consumers or investors to be cheerful. An
analyst with Wedbush Securities told Bloomberg this morning, "It's
essentially saying, 'We expect to continue to have cash-flow problems for a
long time.' It's a bad deal for shareholders and it looks desperate." In
short, Netflix is going to have to keep taking on big obligations like this to
get more content. If it doesn't, it will lose subscribers as its content
becomes less engaging and less current. This would be bad enough, but NFLX stock
still is reeling under the hubris of CEO Reed Hastings and his heavy-handed plan
to split Netflix into two separate companies. What's more, a small price
increase meant to fund streaming video deals in the same way as this recent
debt angered many customers and resulted in an exodus of 800,000 Netflix
subscribers. Shares are off 60% this year and down more than 75% from peak
valuations over $300 this summer. There are some who are hopeful for Netflix
still. There is a lot of growth potential abroad for Netflix , and there is
currency in the fact that NFLX was the "first mover" into streaming video.
However, as Hulu is considering an IPO and Amazon (NASDAQ: AMZN ) pushes
hardcore into the streaming space, it might only get more difficult for Netflix
to connect with both content providers and consumers alike. Jeff Reeves is the
editor of InvestorPlace.com. Write him at editor@investorplace.com , follow him
on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook . As
of this writing, he did not own a position in any of the aforementioned stocks.
Silver and Gold Price Are In a Routine Correction In a Bull Market, Keep Averaging Down
Gold Price Close Today : 1702.20 Change : 23.90 or 1.4% Silver Price Close
Today : 3294.8 Change : 183.5 cents or 5.9% Gold Silver Ratio Today : 51.663
Change : -2.279 or -4.2% Silver Gold Ratio Today : 0.01936 Change : 0.000818 or
4.4% Platinum Price Close Today : 1570.00 Change : 17.60 or 1.1% Palladium Price
Close Today : 603.05 Change : 13.65 or 2.3% S&P 500 : 1,188.04 Change : -4.94 or
-0.4% Dow In GOLD$ : $139.58 Change : $ (2.63) or -1.9% Dow in GOLD oz : 6.752
Change : -0.127 or -1.9% Dow in SILVER oz : 348.84 Change : -22.30 or -6.0% Dow
Industrial : 11,493.72 Change : -53.59 or -0.5% US Dollar Index : 78.26 Change :
-0.036 or 0.0% The GOLD PRICE and the SILVER PRICE took the FOMC announcement
the other way, or, more likely, merely bounced from yesterday's steep falls.
GOLD PRICE climbed 23.90 to close at $1,702.20, which unhappily falls short of
the $1,705 support/resistance. The breakdown at $1,712 has now become the new
resistance, so unless and until gold can conquer that price, it will continue to
fall. Underneath, first support stands at $1,670. High today reached only
$1,705.13. The SILVER PRICE was stopped by 3300c. It's still possible that we
are seeing a sort of double bottom for silver with lows at 3100c last Thursday
and at 3063 yesterday. Today silver added a meaty 183.5c to close at 3294.8 on
Comex. Yet without piercing 3300c, silver is fated to drop more. GOLD and SILVER
are in a routine correction in a bull market. Keep on averaging down as they
feel around for a bottom. I reckon it's because I have no subtlety and am
nothing but a natural born fool from Tennessee, but if there's one thing that
raises my dander and makes me want to tap dance on somebody's head, it's
bureaucratic circumlocution -- talking all around what you need to say to avoid
really saying it but trying to say it at the same time. For example, if you see
somebody's head is on fire and he doesn't know it yet, how about shouting, "Your
head's on fire!" This economical use of English conveys the needful information
with a minimum waste of letters and words. What would you think of a goof who
instead said, "Excuse me, but I believe that the kindling temperature of your
hair fibers has nearly been reached, raising the distinct but not yet certain
probability that, should conditions not change and rain not fall from the sky,
the temperature rise might result in the combustion of your entire cranial
surface." The man's head is SMOKING, goof ball! Talk plain. Not those goofs at
the Federal Reserve, who specialize in circumlocution, obfuscation, prolixity,
pleonasm, wordiness, evasion, and beating around the bush. Today the Fed
released the minutes of the 1-2 November Federal Open Market Committee. Shucked
down to the kernel, its was "maybe we might print up even more money, but then
again, maybe not." Then -- Oh, fail me not, Blessed Patience -- they discussed
options for improving their communications policies! Y'all, the ship of state
has been hijacked by clowns. Bozo and Clarabelle could do better than this, and
they'd be lots more entertaining. Markets didn't know what to make of this. Dow
had dropped 53.59 (0.46%) by day's end to 11,493.72, working its way down to the
targeted 11,250. S&P500 dropped 4.94 (0.41%) to 1,188.04. Y'all think about
this, too. Markets are as sensitive to uncertainty as Johnson Grass is to
Round-up. You spray 'em with uncertainty and they wilt. Yet the Lords of the Fed
vacillate like a dying gyroscope. Mercy, we've fallen into a lunatic asylum. US
DOLLAR INDEX went nowhere, down 3.6 basis points to 78.264. Euro closed 1.3511,
up a sliver of 0.16%. Yen dropped to 129.93c/ Y100 (Y76.96/$1). Flatlining, but
part of that might be investors laying low, anticipating the US Thanksgiving
holiday. Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 3294.8 Change : 183.5 cents or 5.9% Gold Silver Ratio Today : 51.663
Change : -2.279 or -4.2% Silver Gold Ratio Today : 0.01936 Change : 0.000818 or
4.4% Platinum Price Close Today : 1570.00 Change : 17.60 or 1.1% Palladium Price
Close Today : 603.05 Change : 13.65 or 2.3% S&P 500 : 1,188.04 Change : -4.94 or
-0.4% Dow In GOLD$ : $139.58 Change : $ (2.63) or -1.9% Dow in GOLD oz : 6.752
Change : -0.127 or -1.9% Dow in SILVER oz : 348.84 Change : -22.30 or -6.0% Dow
Industrial : 11,493.72 Change : -53.59 or -0.5% US Dollar Index : 78.26 Change :
-0.036 or 0.0% The GOLD PRICE and the SILVER PRICE took the FOMC announcement
the other way, or, more likely, merely bounced from yesterday's steep falls.
GOLD PRICE climbed 23.90 to close at $1,702.20, which unhappily falls short of
the $1,705 support/resistance. The breakdown at $1,712 has now become the new
resistance, so unless and until gold can conquer that price, it will continue to
fall. Underneath, first support stands at $1,670. High today reached only
$1,705.13. The SILVER PRICE was stopped by 3300c. It's still possible that we
are seeing a sort of double bottom for silver with lows at 3100c last Thursday
and at 3063 yesterday. Today silver added a meaty 183.5c to close at 3294.8 on
Comex. Yet without piercing 3300c, silver is fated to drop more. GOLD and SILVER
are in a routine correction in a bull market. Keep on averaging down as they
feel around for a bottom. I reckon it's because I have no subtlety and am
nothing but a natural born fool from Tennessee, but if there's one thing that
raises my dander and makes me want to tap dance on somebody's head, it's
bureaucratic circumlocution -- talking all around what you need to say to avoid
really saying it but trying to say it at the same time. For example, if you see
somebody's head is on fire and he doesn't know it yet, how about shouting, "Your
head's on fire!" This economical use of English conveys the needful information
with a minimum waste of letters and words. What would you think of a goof who
instead said, "Excuse me, but I believe that the kindling temperature of your
hair fibers has nearly been reached, raising the distinct but not yet certain
probability that, should conditions not change and rain not fall from the sky,
the temperature rise might result in the combustion of your entire cranial
surface." The man's head is SMOKING, goof ball! Talk plain. Not those goofs at
the Federal Reserve, who specialize in circumlocution, obfuscation, prolixity,
pleonasm, wordiness, evasion, and beating around the bush. Today the Fed
released the minutes of the 1-2 November Federal Open Market Committee. Shucked
down to the kernel, its was "maybe we might print up even more money, but then
again, maybe not." Then -- Oh, fail me not, Blessed Patience -- they discussed
options for improving their communications policies! Y'all, the ship of state
has been hijacked by clowns. Bozo and Clarabelle could do better than this, and
they'd be lots more entertaining. Markets didn't know what to make of this. Dow
had dropped 53.59 (0.46%) by day's end to 11,493.72, working its way down to the
targeted 11,250. S&P500 dropped 4.94 (0.41%) to 1,188.04. Y'all think about
this, too. Markets are as sensitive to uncertainty as Johnson Grass is to
Round-up. You spray 'em with uncertainty and they wilt. Yet the Lords of the Fed
vacillate like a dying gyroscope. Mercy, we've fallen into a lunatic asylum. US
DOLLAR INDEX went nowhere, down 3.6 basis points to 78.264. Euro closed 1.3511,
up a sliver of 0.16%. Yen dropped to 129.93c/ Y100 (Y76.96/$1). Flatlining, but
part of that might be investors laying low, anticipating the US Thanksgiving
holiday. Argentum et aurum comparenda sunt -- -- Gold and silver must be bought.
- Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2011, The
Moneychanger. May not be republished in any form, including electronically,
without our express permission. To avoid confusion, please remember that the
comments above have a very short time horizon. Always invest with the primary
trend. Gold's primary trend is up, targeting at least $3,130.00; silver's
primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend
is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or
US$-denominated assets, primary trend down; real estate bubble has burst,
primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use
these commentaries to trade futures contracts. I don't intend them for that or
write them with that short term trading outlook. I write them for long-term
investors in physical metals. Take them as entertainment, but not as a timing
service for futures. NOR do I recommend investing in gold or silver Exchange
Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or
another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Netflix, Groupon Bomb — Tuesday’s IP Market Recap
Netflix (NASDAQ: NFLX ), in keeping with its seemingly monthly tradition of
doling out bad news, gave investors more than they could stomach Monday with a
pair of lousy announcements, leading its stock to drop off yet again Tuesday.
Netflix, which previously had warned that it would be unprofitable for a few
quarters starting in 2012, drew its pessimism out across the whole year with the
announcement that it would lose money from start to finish. This news was
coupled with the company saying it would sell $200 million worth of convertible
bonds to Technology Crossover Ventures and $200 million in stock to T. Rowe
Price's (NASDAQ: TROW ) mutual funds and accounts. Netflix said it was raising
cash in an effort to buy more content for its video-streaming and DVD delivery
service two months after it failed to renew a contract with media provider
Starz. The 2012 forecast and the announced fundraising which puts Netflix in a
dangerous Catch-22 of spending money to try to catch up with declining revenue
knocked NFLX shares down 5.4% by the end of trading Tuesday. Hewlett-Packard
(NYSE: HPQ ) offered up more fare for bad-news gluttons Monday by reporting
disappointing fiscal Q4 earnings, then took a 5% dive early Tuesday before
recovering to about $26.65, or down less than 1%, by the end of trading. HPQ
beat analyst estimates with adjusted earnings per share of $1.17, but the
company's fiscal 2012 earnings forecast of $4 per share was far below Wall
Street expectations. Hewlett-Packard is down almost 40% in the past 52 weeks,
but investors should be wary of considering it a value buy . One of the top
blockbuster IPOs of the year , Groupon (NASDAQ: GRPN ), found itself hitting the
rewind button Tuesday when it sank to $20.07 just seven cents above its initial
valuation of $20 when it went public Nov. 4. Groupon had been sitting mostly
level for the past two weeks before shedding 10% Monday then another 15% today.
Groupon's faceplant came just after LinkedIn (NYSE: LNKD ) spent most of the
Monday down about 7% on its lockup agreement expiring . Three Up Gilead Sciences
(NASDAQ: GILD ): Up 6.89% ($2.50) to $38.76. Youku.com (NASDAQ: YOKU ): Up 5.64%
(82 cents) to $15.37. Melco Crown Entertainment (NASDAQ: MPEL ): Up 5.48% (46
cents) to $8.85. Three Down Frontline Ltd. (NYSE: FRO ): Down 41.04% ($2.13) to
$3.06. ( Read more about Frontline here ) Nokia (NYSE: NOK ): Down 7.64% (46
cents) to $5.56. Campbell Soup (NYSE: CPB ): Down 5.27% ($1.77) to $31.84. As of
this writing, Kyle Woodley did not hold a position in any of the aforementioned
stocks. Check out our list of previous IP Market Recaps .
doling out bad news, gave investors more than they could stomach Monday with a
pair of lousy announcements, leading its stock to drop off yet again Tuesday.
Netflix, which previously had warned that it would be unprofitable for a few
quarters starting in 2012, drew its pessimism out across the whole year with the
announcement that it would lose money from start to finish. This news was
coupled with the company saying it would sell $200 million worth of convertible
bonds to Technology Crossover Ventures and $200 million in stock to T. Rowe
Price's (NASDAQ: TROW ) mutual funds and accounts. Netflix said it was raising
cash in an effort to buy more content for its video-streaming and DVD delivery
service two months after it failed to renew a contract with media provider
Starz. The 2012 forecast and the announced fundraising which puts Netflix in a
dangerous Catch-22 of spending money to try to catch up with declining revenue
knocked NFLX shares down 5.4% by the end of trading Tuesday. Hewlett-Packard
(NYSE: HPQ ) offered up more fare for bad-news gluttons Monday by reporting
disappointing fiscal Q4 earnings, then took a 5% dive early Tuesday before
recovering to about $26.65, or down less than 1%, by the end of trading. HPQ
beat analyst estimates with adjusted earnings per share of $1.17, but the
company's fiscal 2012 earnings forecast of $4 per share was far below Wall
Street expectations. Hewlett-Packard is down almost 40% in the past 52 weeks,
but investors should be wary of considering it a value buy . One of the top
blockbuster IPOs of the year , Groupon (NASDAQ: GRPN ), found itself hitting the
rewind button Tuesday when it sank to $20.07 just seven cents above its initial
valuation of $20 when it went public Nov. 4. Groupon had been sitting mostly
level for the past two weeks before shedding 10% Monday then another 15% today.
Groupon's faceplant came just after LinkedIn (NYSE: LNKD ) spent most of the
Monday down about 7% on its lockup agreement expiring . Three Up Gilead Sciences
(NASDAQ: GILD ): Up 6.89% ($2.50) to $38.76. Youku.com (NASDAQ: YOKU ): Up 5.64%
(82 cents) to $15.37. Melco Crown Entertainment (NASDAQ: MPEL ): Up 5.48% (46
cents) to $8.85. Three Down Frontline Ltd. (NYSE: FRO ): Down 41.04% ($2.13) to
$3.06. ( Read more about Frontline here ) Nokia (NYSE: NOK ): Down 7.64% (46
cents) to $5.56. Campbell Soup (NYSE: CPB ): Down 5.27% ($1.77) to $31.84. As of
this writing, Kyle Woodley did not hold a position in any of the aforementioned
stocks. Check out our list of previous IP Market Recaps .
Top 10 Fastest-Growing Large Cap Stocks: LVS, WFT, BIDU, BRFS, AA, RRC, MPC, WYNN, ALXN, EOG (Nov 22, 2011)
Below are the top 10 fastest-growing Large Cap stocks, based on the average
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 53.1%. This number is based on the average estimate of
4 brokerage analysts. Weatherford International Ltd. (NYSE:WFT) is the second
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 50.4%. This number is based on the average estimate of
5 brokerage analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 49.7%. This number is based on the average estimate of
15 brokerage analysts. BRF Brasil Foods SA(ADR) (NYSE:BRFS) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 41.2%. This number is based on the average estimate of
2 brokerage analysts. Alcoa Inc. (NYSE:AA) is the fifth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
40.9%. This number is based on the average estimate of 2 brokerage analysts.
Range Resources Corp. (NYSE:RRC) is the sixth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 40.0%.
This number is based on the average estimate of 7 brokerage analysts. Marathon
Petroleum Corp (NYSE:MPC) is the seventh fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 39.6%. This
number is based on the average estimate of 3 brokerage analysts. Wynn Resorts,
Limited (NASDAQ:WYNN) is the eighth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 37.9%. This number is
based on the average estimate of 5 brokerage analysts. Alexion Pharmaceuticals,
Inc. (NASDAQ:ALXN) is the ninth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 37.1%. This number is
based on the average estimate of 12 brokerage analysts. EOG Resources, Inc.
(NYSE:EOG) is the 10th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 33.5%. This number is based on the
average estimate of 4 brokerage analysts.
long-term earnings growth rate estimated by Wall Street analysts. One Chinese
company (BIDU) is on the list. Las Vegas Sands Corp. (NYSE:LVS) is the first
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 53.1%. This number is based on the average estimate of
4 brokerage analysts. Weatherford International Ltd. (NYSE:WFT) is the second
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 50.4%. This number is based on the average estimate of
5 brokerage analysts. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the third
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 49.7%. This number is based on the average estimate of
15 brokerage analysts. BRF Brasil Foods SA(ADR) (NYSE:BRFS) is the fourth
fastest-growing stock in this segment of the market. Its long-term annual EPS
growth is expected to be 41.2%. This number is based on the average estimate of
2 brokerage analysts. Alcoa Inc. (NYSE:AA) is the fifth fastest-growing stock in
this segment of the market. Its long-term annual EPS growth is expected to be
40.9%. This number is based on the average estimate of 2 brokerage analysts.
Range Resources Corp. (NYSE:RRC) is the sixth fastest-growing stock in this
segment of the market. Its long-term annual EPS growth is expected to be 40.0%.
This number is based on the average estimate of 7 brokerage analysts. Marathon
Petroleum Corp (NYSE:MPC) is the seventh fastest-growing stock in this segment
of the market. Its long-term annual EPS growth is expected to be 39.6%. This
number is based on the average estimate of 3 brokerage analysts. Wynn Resorts,
Limited (NASDAQ:WYNN) is the eighth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 37.9%. This number is
based on the average estimate of 5 brokerage analysts. Alexion Pharmaceuticals,
Inc. (NASDAQ:ALXN) is the ninth fastest-growing stock in this segment of the
market. Its long-term annual EPS growth is expected to be 37.1%. This number is
based on the average estimate of 12 brokerage analysts. EOG Resources, Inc.
(NYSE:EOG) is the 10th fastest-growing stock in this segment of the market. Its
long-term annual EPS growth is expected to be 33.5%. This number is based on the
average estimate of 4 brokerage analysts.
Tuesaday Apple Rumors — Apple to Offer Own Black Friday Deals
Here are your Apple rumors and AAPL stock news items for Tuesday: Apple Does
Black Friday: Cupertino, Calif., is quiet on the details, but a placeholder page
at Apple s (NASDAQ: AAPL ) website is warning that the company will indeed be
proffering Black Friday deals on the day after Thanksgiving . It appears that
Apples online retail operation is skipping the whole Cyber Monday thing and
attacking retailers own Black Friday deals by going straight for the holiday
sales jugular. Though it doesnt say what specifically will be on sale, it does
suggest that consumers browse the online store ahead of time. This kind of Black
Friday teasing should be considered cruel and unusual. iPhone 5 Sports NFC
Payments in 2012: A Tuesday report at Digitimes (via Mac Rumors ) reignited
rumors that Apples next iPhone will use near-field communications technology for
mobile payments when it releases next year. One reason why NFC technology might
finally be coming to the iPhone is that carriers Verizon (NYSE: VZ ) and AT&T
(NYSE: T ), alongside 45 other operators, have agreed to a standard NFC
technology for their networks. Google (NASDAQ: GOOG ) in a partnership with
Citi (NYSE: C ), MasterCard (NYSE: MA ) and Sprint (NYSE: S ) released an
NFC-enabled Android smartphone in September , making mobile payments with the
Google Wallet service possible. 1.2 Million Non-iPad Tablets Sold in U.S., HP
Leads Pack: Last quarter, Apple sold 11.2 million iPads. That is a lot.
According to the NPD Group , 1.2 million tablets that are not iPads were sold in
the U.S. between January and October 2011. Thats not a lot. Among those
competitors, Hewlett-Packard (NYSE: HPQ ) won the most table scraps. The massive
fire sale of the TouchPad tablet in August, with many retailers selling the
device for just $99, earned HP a 17% share of the market. Samsung (PINK: SSNLF )
came in at second with 16%. Asus followed with a 10% share, with Motorola
Mobility (NYSE: MMI ) and Acer both taking 9% to close out the top five.
Research In Motion s (NASDAQ: RIMM ) poor BlackBerry PlayBook didnt place among
them. The non-iPad tablet market is changing quickly, though. Amazon (NASDAQ:
AMZN ) is projected to sell 7 million Kindle Fire tablets between now and the
end of the year. As of this writing, Anthony John Agnello did not hold a
position in any of the aforementioned stocks. Follow him on Twitter at
Black Friday: Cupertino, Calif., is quiet on the details, but a placeholder page
at Apple s (NASDAQ: AAPL ) website is warning that the company will indeed be
proffering Black Friday deals on the day after Thanksgiving . It appears that
Apples online retail operation is skipping the whole Cyber Monday thing and
attacking retailers own Black Friday deals by going straight for the holiday
sales jugular. Though it doesnt say what specifically will be on sale, it does
suggest that consumers browse the online store ahead of time. This kind of Black
Friday teasing should be considered cruel and unusual. iPhone 5 Sports NFC
Payments in 2012: A Tuesday report at Digitimes (via Mac Rumors ) reignited
rumors that Apples next iPhone will use near-field communications technology for
mobile payments when it releases next year. One reason why NFC technology might
finally be coming to the iPhone is that carriers Verizon (NYSE: VZ ) and AT&T
(NYSE: T ), alongside 45 other operators, have agreed to a standard NFC
technology for their networks. Google (NASDAQ: GOOG ) in a partnership with
Citi (NYSE: C ), MasterCard (NYSE: MA ) and Sprint (NYSE: S ) released an
NFC-enabled Android smartphone in September , making mobile payments with the
Google Wallet service possible. 1.2 Million Non-iPad Tablets Sold in U.S., HP
Leads Pack: Last quarter, Apple sold 11.2 million iPads. That is a lot.
According to the NPD Group , 1.2 million tablets that are not iPads were sold in
the U.S. between January and October 2011. Thats not a lot. Among those
competitors, Hewlett-Packard (NYSE: HPQ ) won the most table scraps. The massive
fire sale of the TouchPad tablet in August, with many retailers selling the
device for just $99, earned HP a 17% share of the market. Samsung (PINK: SSNLF )
came in at second with 16%. Asus followed with a 10% share, with Motorola
Mobility (NYSE: MMI ) and Acer both taking 9% to close out the top five.
Research In Motion s (NASDAQ: RIMM ) poor BlackBerry PlayBook didnt place among
them. The non-iPad tablet market is changing quickly, though. Amazon (NASDAQ:
AMZN ) is projected to sell 7 million Kindle Fire tablets between now and the
end of the year. As of this writing, Anthony John Agnello did not hold a
position in any of the aforementioned stocks. Follow him on Twitter at
Apple, iPhone Need to Branch Out in 2012
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace The world’s a much different, bigger place for Apple (NASDAQ: AAPL ) here at the close of 2011. At the beginning of the year, Apple still was bashful about its iPhone business. Sure, the device was snatching up market share, but that didn’t mean it was time to end exclusive carrier agreements around the world. The contracts were up , the rumors ran wild, but iPhone stuck by individual carriers around the world. AT&T (NYSE: T ) here in the U.S., SoftBank Mobile in Japan, China Unicom (NYSE: CHU ) in China, KT Corp. (NYSE: KT ) in Korea — in January 2011, Apple was a one-telecom kind of company in many of its biggest markets. How times change. Verizon (NYSE: VZ ) got the iPhone here in February, SK Telecom (NYSE: SKM ) in Korea in March, and others continued to join in around the world. When the iPhone 4S released in October, Apple spread around the love even more, coming to Sprint (NYSE: S ) and C-Spire, a small carrier largely based in Mississippi. Now, Apple is projected to sell approximately 30 million iPhones over the holiday quarter. It isn’t enough, though — at least according to Morgan Stanley analyst Katy Huberty’s research. Released to investors on Sunday and detailed in a Monday CNN report, Huberty found that while Apple is, as of 2011′s third quarter, the second-largest smartphone vendor in the world , it lags behind its competitors in terms of carrier support. Of the 760 mobile phone carriers identified by Huberty around the world, just 30% carry Apple’s iPhone . Meanwhile, competitor Research in Motion ‘s (NASDAQ: RIMM ) fading BlackBerry line is supported by 79% of carriers. If the iPhone is going to continue to grow and retake its lead in market share from Samsung (PINK: SSNLF ), it must keep expanding. Huberty singled out Asian markets as the sector Apple must focus on — particularly China, where China Unicom still holds an exclusive grip on iPhone support. The question at hand: Why hasn’t Apple broadened out to the maximum number of carriers already? Older iPhone models are cheap enough to manufacture at this point that the phone is no longer restricted to consumers with the most disposable income (even if it hasn’t yet reached the real mass-market price point of phones like Nokia’s classic 1100 series). The answer might be that Apple is waiting for a shift in access to better networks to make its move toward total world domination. Ahead of the iPhone 4S’ release in October, it was heavily rumored that Apple finally would be branching out to China Telecom (NYSE: CHA ) and China Mobile (NYSE: CHL ), China Unicom’s two biggest competitors. In fact, China Mobile chairman Wang Jianzhou was vocal throughout the year about Apple bringing its wares to his network . It was in September though that Jianzhou more specifically said that his company received “a positive answer” from Apple in response to requests for an iPhone model built for 4G LTE networks . All signs indicate that Apple’s next smartphone due in 2012 will be a significant redesign of the current model, with a new form factor and support for LTE networks. That release likely will mark Apple’s full embrace of all carriers. By 2012, the faster but still-growing LTE networks supported by companies like Verizon in the U.S. and China Mobile abroad will be better established and ready to support an influx of millions of iPhone users. While larger telecoms with established 4G networks carry the new iPhone 5, Apple will be free to offer budget-priced iPhone models on a variety of smaller carriers with broad 3G network support. This means not just B-list telecoms like T-Mobile USA, but also C-listers like MetroPCS (NYSE: PCS ) and Leap Wireless (NASDAQ: LEAP ). It’s a scenario that will give Apple maximum penetration while still maintaining the high-end market, and its attendant revenue, that has made it so successful in the space. Of course, all of this presupposes that consumers’ infatuation with Apple’s phones is maintained into the next year. Considering that the company sold 4 million iPhone 4Ss within three days of releasing the device, it’s a good bet Apple will hold consumer attention for some time to come. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at
Top-Performing U.S.-Listed Chinese Stocks (Nov 22, 2011)
XCSFDHG46767FHJHJF
tdp2664 China Analyst Below are the latest top-performing U.S.-listed Chinese stocks. Suntech Power Holdings Co., Ltd. (ADR) (NYSE:STP) is the best-performing U.S.-listed Chinese stock on Nov. 22. It was up 17.5% on the day. STP's upside potential is 69.2% based on brokerage analysts' average target price of $4.43. It is trading at 24.2% of its 52-week high of $10.83, and 54.1% above its 52-week low of $1.70. Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the second best-performing U.S.-listed Chinese stock on Nov. 22. It was up 14.7% on the day. FMCN's upside potential is 127.3% based on brokerage analysts' average target price of $40.23. It is trading at 47.1% of its 52-week high of $37.58, and 101.4% above its 52-week low of $8.79. Trina Solar Limited (ADR) (NYSE:TSL) is the third best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.7% on the day. TSL's upside potential is 94.7% based on brokerage analysts' average target price of $13.07. It is trading at 21.6% of its 52-week high of $31.08, and 27.1% above its 52-week low of $5.28. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is the fourth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.6% on the day. YGE's upside potential is 49.4% based on brokerage analysts' average target price of $5.29. It is trading at 26.0% of its 52-week high of $13.59, and 28.7% above its 52-week low of $2.75. Phoenix New Media Ltd ADR (NYSE:FENG) is the fifth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.3% on the day. FENG's upside potential is 81.5% based on brokerage analysts' average target price of $10.67. It is trading at 39.0% of its 52-week high of $15.09, and 40.0% above its 52-week low of $4.20. Giant Interactive Group Inc (ADR) (NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 6.8% on the day. GA's upside potential is 77.6% based on brokerage analysts' average target price of $6.98. It is trading at 41.6% of its 52-week high of $9.45, and 30.1% above its 52-week low of $3.02. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the seventh best-performing U.S.-listed Chinese stock on Nov. 22. It was up 6.0% on the day. LDK's upside potential is 49.3% based on brokerage analysts' average target price of $4.48. It is trading at 20.0% of its 52-week high of $14.97, and 17.6% above its 52-week low of $2.55. Youku.com Inc (ADR) (NYSE:YOKU) is the eighth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.6% on the day. YOKU's upside potential is 89.6% based on brokerage analysts' average target price of $29.14. It is trading at 22.0% of its 52-week high of $69.95, and 11.7% above its 52-week low of $13.76. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the ninth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.5% on the day. MPEL's upside potential is 73.7% based on brokerage analysts' average target price of $15.37. It is trading at 54.8% of its 52-week high of $16.15, and 59.5% above its 52-week low of $5.55. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 10th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.4% on the day. EDU's upside potential is 49.3% based on brokerage analysts' average target price of $35.30. It is trading at 68.0% of its 52-week high of $34.77, and 14.7% above its 52-week low of $20.61. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 11th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.3% on the day. JASO's upside potential is 96.5% based on brokerage analysts' average target price of $3.14. It is trading at 18.7% of its 52-week high of $8.57, and 14.3% above its 52-week low of $1.40. Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is the 12th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.1% on the day. HOLI's upside potential is 44.3% based on brokerage analysts' average target price of $13.13. It is trading at 50.1% of its 52-week high of $18.15, and 100.4% above its 52-week low of $4.54. 51job, Inc. (ADR) (NASDAQ:JOBS) is the 13th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.9% on the day. JOBS's upside potential is 51.2% based on brokerage analysts' average target price of $64.50. It is trading at 61.1% of its 52-week high of $69.80, and 16.5% above its 52-week low of $36.62. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 14th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.3% on the day. CTRP's upside potential is 64.6% based on brokerage analysts' average target price of $44.30. It is trading at 53.2% of its 52-week high of $50.57, and 14.3% above its 52-week low of $23.56. Mindray Medical International Ltd (ADR) (NYSE:MR) is the 15th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.1% on the day. MR's upside potential is 24.7% based on brokerage analysts' average target price of $31.13. It is trading at 80.0% of its 52-week high of $31.21, and 17.5% above its 52-week low of $21.25. Shanda Games Limited(ADR) (NASDAQ:GAME) is the 16th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.1% on the day. GAME's upside potential is 53.0% based on brokerage analysts' average target price of $6.65. It is trading at 56.5% of its 52-week high of $7.70, and 25.7% above its 52-week low of $3.46. ReneSola Ltd. (ADR) (NYSE:SOL) is the 17th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 3.6% on the day. SOL's upside potential is 64.4% based on brokerage analysts' average target price of $2.86. It is trading at 13.1% of its 52-week high of $13.25, and 19.2% above its 52-week low of $1.46. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 18th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 2.9% on the day. WX's upside potential is 53.7% based on brokerage analysts' average target price of $18.54. It is trading at 63.1% of its 52-week high of $19.10, and 10.1% above its 52-week low of $10.95. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the 19th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 2.3% on the day. SNDA's upside potential is -1.5% based on brokerage analysts' average target price of $39.66. It is trading at 74.3% of its 52-week high of $54.20, and 41.6% above its 52-week low of $28.44. AutoNavi Holdings Ltd (ADR) (NASDAQ:AMAP) is the 20th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 2.2% on the day. AMAP's upside potential is 127.4% based on brokerage analysts' average target price of $22.83. It is trading at 49.7% of its 52-week high of $20.22, and 7.7% above its 52-week low of $9.32.
Fed Minutes Show Talk of Inflation Target, Additional Easing
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 The latest Fed minutes were released Tuesday afternoon and revealed that the Bernanke-led Federal Reserve considered a host of new monetary policy measures including further accommodative policies and adopting an inflation target. Gold futures maintained the majority of their gains near $1,700 per ounce
Frontline: 3 Lessons From a Troubled Tanker Company
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace Sometimes, the collapse of a small stock can provide insight into some larger themes for investors. Take Tuesday’s pummeling in the shares of the maritime shipping concern Frontline (NYSE: FRO ), after the company missed earnings and the Financial Times ran an article saying Frontline may run out of cash as soon as next year. The stock fell about 40% on the news, putting it at $3.05 at midday on Tuesday. Frontline traded as high as $38.85 in mid-2010, and it briefly surpassed $70 in the middle of 2008. Frontline’s debacle comes on the heels of last week's news that General Maritime (PINK: GMRRQ ) had filed for bankruptcy protection. While Frontline is a small stock in terms of market cap, its meltdown offers three important lessons for investors: Tanker stocks still aren't worth the risk . This sector was being hit hard before the news of the past few days, and the headlines about Frontline have sucked the rest of the tanker names into an even deeper whirlpool. As Susan J. Aluise wrote earlier this month, tanker stocks are facing severe pressure from the combination of slow economic growth, a glut of capacity and falling rates. This may look like the makings of a buying opportunity, since the elimination of players from an industry often sets up outstanding long-term investments in survivors that can take market share as prosperity returns. At some point, that's likely to prove the case with other stocks in this group, such as Nordic American Tanker (NYSE: NAT ), Teekay Tankers (NYSE: TNK ) and Scorpio Tankers (NYSE: STNG ). For now though, the combination of enormous debt and tremendous fundamental headwinds indicate that there's absolutely no reason to take on the headline risk — from either a trading or investing standpoint — until there's a whiff of positive news for this group. This is underscored by the weakness in TNK and other tanker names on Tuesday in the wake of the Frontline collapse. Look at balance sheets first . The Frontline debacle may represent a theme we'll see more of in 2012 if the slow-growth environment persists or worsens: severe underperformance for debt-ridden companies. Coming into Tuesday, FRO had $2.68 billion in debt versus $173 million in cash, and its debt-to-equity ratio was in the highest 5% of all stocks in the U.S. market. There's a lesson here: Right now, debt should be one of the first steps in investors' due diligence. Any stock with the combination of a slowing core business and high debt may be in jeopardy of falling much further than you might expect. Frontline dropped from $20 to $10 in a little over two months during the summer — a decline that proved to be only a hint of what was still to come. It's still not time to bottom-fish . With so many stocks well off their highs of earlier in the year, there's no reason to try to pick a bottom in lower-quality stocks. Sure, the market's dicier names can provide beta in a bounce, but there's also a risk of seemingly endless downturns. One need only look at the recent performance of the social networking sector, solar stocks, or such previously hot names as Netflix (NASDAQ: NFLX ), Research In Motion (NASDAQ: RIMM ) and Green Mountain (NASDAQ: GMCR ), to name a few. In short, the only course right now is to avoid absolutely anything with warts — and Frontline is Exhibit A of why. The bottom line: Frontline isn't exactly a market barometer, but keep in mind that it sported a market cap of over $5 billion just over three years ago. On Tuesday, its market cap sank below $240 million. If nothing else, this debacle is a loud caveat emptor for anyone thinking about gambling on a stock with questionable fundamentals.
COMEX Gold Futures Climb Back Above $1,700
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold futures reclaimed the $1,700 level on Tuesday following yesterday’s large-selloff. COMEX gold for December 2011 delivery – the most actively-traded contract – settled higher by $23.80, or 1.4%, at $1,702.40 per ounce.
Fed Minutes Show Talk of Inflation Target, Additional Easing
The latest Fed minutes were released Tuesday afternoon and revealed that the
Bernanke-led Federal Reserve considered a host of new monetary policy measures
including further accommodative policies and adopting an inflation target. Gold
futures maintained the majority of their gains near $1,700 per ounce
Bernanke-led Federal Reserve considered a host of new monetary policy measures
including further accommodative policies and adopting an inflation target. Gold
futures maintained the majority of their gains near $1,700 per ounce
Apple, iPhone Need to Branch Out in 2012
The worlds a much different, bigger place for Apple (NASDAQ: AAPL ) here at the
close of 2011. At the beginning of the year, Apple still was bashful about its
iPhone business. Sure, the device was snatching up market share, but that didnt
mean it was time to end exclusive carrier agreements around the world. The
contracts were up , the rumors ran wild, but iPhone stuck by individual carriers
around the world. AT&T (NYSE: T ) here in the U.S., SoftBank Mobile in Japan,
China Unicom (NYSE: CHU ) in China, KT Corp. (NYSE: KT ) in Korea in January
2011, Apple was a one-telecom kind of company in many of its biggest markets.
How times change. Verizon (NYSE: VZ ) got the iPhone here in February, SK
Telecom (NYSE: SKM ) in Korea in March, and others continued to join in around
the world. When the iPhone 4S released in October, Apple spread around the love
even more, coming to Sprint (NYSE: S ) and C-Spire, a small carrier largely
based in Mississippi. Now, Apple is projected to sell approximately 30 million
iPhones over the holiday quarter. It isnt enough, though at least according to
Morgan Stanley analyst Katy Hubertys research. Released to investors on Sunday
and detailed in a Monday CNN report, Huberty found that while Apple is, as of
2011s third quarter, the second-largest smartphone vendor in the world , it lags
behind its competitors in terms of carrier support. Of the 760 mobile phone
carriers identified by Huberty around the world, just 30% carry Apples iPhone .
Meanwhile, competitor Research in Motion s (NASDAQ: RIMM ) fading BlackBerry
line is supported by 79% of carriers. If the iPhone is going to continue to grow
and retake its lead in market share from Samsung (PINK: SSNLF ), it must keep
expanding. Huberty singled out Asian markets as the sector Apple must focus on
particularly China, where China Unicom still holds an exclusive grip on iPhone
support. The question at hand: Why hasnt Apple broadened out to the maximum
number of carriers already? Older iPhone models are cheap enough to manufacture
at this point that the phone is no longer restricted to consumers with the most
disposable income (even if it hasnt yet reached the real mass-market price point
of phones like Nokias classic 1100 series). The answer might be that Apple is
waiting for a shift in access to better networks to make its move toward total
world domination. Ahead of the iPhone 4S release in October, it was heavily
rumored that Apple finally would be branching out to China Telecom (NYSE: CHA )
and China Mobile (NYSE: CHL ), China Unicoms two biggest competitors. In fact,
China Mobile chairman Wang Jianzhou was vocal throughout the year about Apple
bringing its wares to his network . It was in September though that Jianzhou
more specifically said that his company received a positive answer from Apple in
response to requests for an iPhone model built for 4G LTE networks . All signs
indicate that Apples next smartphone due in 2012 will be a significant redesign
of the current model, with a new form factor and support for LTE networks. That
release likely will mark Apples full embrace of all carriers. By 2012, the
faster but still-growing LTE networks supported by companies like Verizon in the
U.S. and China Mobile abroad will be better established and ready to support an
influx of millions of iPhone users. While larger telecoms with established 4G
networks carry the new iPhone 5, Apple will be free to offer budget-priced
iPhone models on a variety of smaller carriers with broad 3G network support.
This means not just B-list telecoms like T-Mobile USA, but also C-listers like
MetroPCS (NYSE: PCS ) and Leap Wireless (NASDAQ: LEAP ). Its a scenario that
will give Apple maximum penetration while still maintaining the high-end market,
and its attendant revenue, that has made it so successful in the space. Of
course, all of this presupposes that consumers infatuation with Apples phones is
maintained into the next year. Considering that the company sold 4 million
iPhone 4Ss within three days of releasing the device, its a good bet Apple will
hold consumer attention for some time to come. As of this writing, Anthony John
Agnello did not own a position in any of the stocks named here. Follow him on
Twitter at
close of 2011. At the beginning of the year, Apple still was bashful about its
iPhone business. Sure, the device was snatching up market share, but that didnt
mean it was time to end exclusive carrier agreements around the world. The
contracts were up , the rumors ran wild, but iPhone stuck by individual carriers
around the world. AT&T (NYSE: T ) here in the U.S., SoftBank Mobile in Japan,
China Unicom (NYSE: CHU ) in China, KT Corp. (NYSE: KT ) in Korea in January
2011, Apple was a one-telecom kind of company in many of its biggest markets.
How times change. Verizon (NYSE: VZ ) got the iPhone here in February, SK
Telecom (NYSE: SKM ) in Korea in March, and others continued to join in around
the world. When the iPhone 4S released in October, Apple spread around the love
even more, coming to Sprint (NYSE: S ) and C-Spire, a small carrier largely
based in Mississippi. Now, Apple is projected to sell approximately 30 million
iPhones over the holiday quarter. It isnt enough, though at least according to
Morgan Stanley analyst Katy Hubertys research. Released to investors on Sunday
and detailed in a Monday CNN report, Huberty found that while Apple is, as of
2011s third quarter, the second-largest smartphone vendor in the world , it lags
behind its competitors in terms of carrier support. Of the 760 mobile phone
carriers identified by Huberty around the world, just 30% carry Apples iPhone .
Meanwhile, competitor Research in Motion s (NASDAQ: RIMM ) fading BlackBerry
line is supported by 79% of carriers. If the iPhone is going to continue to grow
and retake its lead in market share from Samsung (PINK: SSNLF ), it must keep
expanding. Huberty singled out Asian markets as the sector Apple must focus on
particularly China, where China Unicom still holds an exclusive grip on iPhone
support. The question at hand: Why hasnt Apple broadened out to the maximum
number of carriers already? Older iPhone models are cheap enough to manufacture
at this point that the phone is no longer restricted to consumers with the most
disposable income (even if it hasnt yet reached the real mass-market price point
of phones like Nokias classic 1100 series). The answer might be that Apple is
waiting for a shift in access to better networks to make its move toward total
world domination. Ahead of the iPhone 4S release in October, it was heavily
rumored that Apple finally would be branching out to China Telecom (NYSE: CHA )
and China Mobile (NYSE: CHL ), China Unicoms two biggest competitors. In fact,
China Mobile chairman Wang Jianzhou was vocal throughout the year about Apple
bringing its wares to his network . It was in September though that Jianzhou
more specifically said that his company received a positive answer from Apple in
response to requests for an iPhone model built for 4G LTE networks . All signs
indicate that Apples next smartphone due in 2012 will be a significant redesign
of the current model, with a new form factor and support for LTE networks. That
release likely will mark Apples full embrace of all carriers. By 2012, the
faster but still-growing LTE networks supported by companies like Verizon in the
U.S. and China Mobile abroad will be better established and ready to support an
influx of millions of iPhone users. While larger telecoms with established 4G
networks carry the new iPhone 5, Apple will be free to offer budget-priced
iPhone models on a variety of smaller carriers with broad 3G network support.
This means not just B-list telecoms like T-Mobile USA, but also C-listers like
MetroPCS (NYSE: PCS ) and Leap Wireless (NASDAQ: LEAP ). Its a scenario that
will give Apple maximum penetration while still maintaining the high-end market,
and its attendant revenue, that has made it so successful in the space. Of
course, all of this presupposes that consumers infatuation with Apples phones is
maintained into the next year. Considering that the company sold 4 million
iPhone 4Ss within three days of releasing the device, its a good bet Apple will
hold consumer attention for some time to come. As of this writing, Anthony John
Agnello did not own a position in any of the stocks named here. Follow him on
Twitter at
Frontline: 3 Lessons From a Troubled Tanker Company
Sometimes, the collapse of a small stock can provide insight into some larger
themes for investors. Take Tuesdays pummeling in the shares of the maritime
shipping concern Frontline (NYSE: FRO ), after the company missed earnings and
the Financial Times ran an article saying Frontline may run out of cash as soon
as next year. The stock fell about 40% on the news, putting it at $3.05 at
midday on Tuesday. Frontline traded as high as $38.85 in mid-2010, and it
briefly surpassed $70 in the middle of 2008. Frontlines debacle comes on the
heels of last week's news that General Maritime (PINK: GMRRQ ) had filed for
bankruptcy protection. While Frontline is a small stock in terms of market cap,
its meltdown offers three important lessons for investors: Tanker stocks still
aren't worth the risk . This sector was being hit hard before the news of the
past few days, and the headlines about Frontline have sucked the rest of the
tanker names into an even deeper whirlpool. As Susan J. Aluise wrote earlier
this month, tanker stocks are facing severe pressure from the combination of
slow economic growth, a glut of capacity and falling rates. This may look like
the makings of a buying opportunity, since the elimination of players from an
industry often sets up outstanding long-term investments in survivors that can
take market share as prosperity returns. At some point, that's likely to prove
the case with other stocks in this group, such as Nordic American Tanker (NYSE:
NAT ), Teekay Tankers (NYSE: TNK ) and Scorpio Tankers (NYSE: STNG ). For now
though, the combination of enormous debt and tremendous fundamental headwinds
indicate that there's absolutely no reason to take on the headline risk from
either a trading or investing standpoint until there's a whiff of positive
news for this group. This is underscored by the weakness in TNK and other tanker
names on Tuesday in the wake of the Frontline collapse. Look at balance sheets
first . The Frontline debacle may represent a theme we'll see more of in 2012
if the slow-growth environment persists or worsens: severe underperformance for
debt-ridden companies. Coming into Tuesday, FRO had $2.68 billion in debt versus
$173 million in cash, and its debt-to-equity ratio was in the highest 5% of all
stocks in the U.S. market. There's a lesson here: Right now, debt should be
one of the first steps in investors' due diligence. Any stock with the
combination of a slowing core business and high debt may be in jeopardy of
falling much further than you might expect. Frontline dropped from $20 to $10 in
a little over two months during the summer a decline that proved to be only a
hint of what was still to come. It's still not time to bottom-fish . With so
many stocks well off their highs of earlier in the year, there's no reason to
try to pick a bottom in lower-quality stocks. Sure, the market's dicier names
can provide beta in a bounce, but there's also a risk of seemingly endless
downturns. One need only look at the recent performance of the social networking
sector, solar stocks, or such previously hot names as Netflix (NASDAQ: NFLX ),
Research In Motion (NASDAQ: RIMM ) and Green Mountain (NASDAQ: GMCR ), to name a
few. In short, the only course right now is to avoid absolutely anything with
warts and Frontline is Exhibit A of why. The bottom line: Frontline isn't
exactly a market barometer, but keep in mind that it sported a market cap of
over $5 billion just over three years ago. On Tuesday, its market cap sank below
$240 million. If nothing else, this debacle is a loud caveat emptor for anyone
thinking about gambling on a stock with questionable fundamentals.
themes for investors. Take Tuesdays pummeling in the shares of the maritime
shipping concern Frontline (NYSE: FRO ), after the company missed earnings and
the Financial Times ran an article saying Frontline may run out of cash as soon
as next year. The stock fell about 40% on the news, putting it at $3.05 at
midday on Tuesday. Frontline traded as high as $38.85 in mid-2010, and it
briefly surpassed $70 in the middle of 2008. Frontlines debacle comes on the
heels of last week's news that General Maritime (PINK: GMRRQ ) had filed for
bankruptcy protection. While Frontline is a small stock in terms of market cap,
its meltdown offers three important lessons for investors: Tanker stocks still
aren't worth the risk . This sector was being hit hard before the news of the
past few days, and the headlines about Frontline have sucked the rest of the
tanker names into an even deeper whirlpool. As Susan J. Aluise wrote earlier
this month, tanker stocks are facing severe pressure from the combination of
slow economic growth, a glut of capacity and falling rates. This may look like
the makings of a buying opportunity, since the elimination of players from an
industry often sets up outstanding long-term investments in survivors that can
take market share as prosperity returns. At some point, that's likely to prove
the case with other stocks in this group, such as Nordic American Tanker (NYSE:
NAT ), Teekay Tankers (NYSE: TNK ) and Scorpio Tankers (NYSE: STNG ). For now
though, the combination of enormous debt and tremendous fundamental headwinds
indicate that there's absolutely no reason to take on the headline risk from
either a trading or investing standpoint until there's a whiff of positive
news for this group. This is underscored by the weakness in TNK and other tanker
names on Tuesday in the wake of the Frontline collapse. Look at balance sheets
first . The Frontline debacle may represent a theme we'll see more of in 2012
if the slow-growth environment persists or worsens: severe underperformance for
debt-ridden companies. Coming into Tuesday, FRO had $2.68 billion in debt versus
$173 million in cash, and its debt-to-equity ratio was in the highest 5% of all
stocks in the U.S. market. There's a lesson here: Right now, debt should be
one of the first steps in investors' due diligence. Any stock with the
combination of a slowing core business and high debt may be in jeopardy of
falling much further than you might expect. Frontline dropped from $20 to $10 in
a little over two months during the summer a decline that proved to be only a
hint of what was still to come. It's still not time to bottom-fish . With so
many stocks well off their highs of earlier in the year, there's no reason to
try to pick a bottom in lower-quality stocks. Sure, the market's dicier names
can provide beta in a bounce, but there's also a risk of seemingly endless
downturns. One need only look at the recent performance of the social networking
sector, solar stocks, or such previously hot names as Netflix (NASDAQ: NFLX ),
Research In Motion (NASDAQ: RIMM ) and Green Mountain (NASDAQ: GMCR ), to name a
few. In short, the only course right now is to avoid absolutely anything with
warts and Frontline is Exhibit A of why. The bottom line: Frontline isn't
exactly a market barometer, but keep in mind that it sported a market cap of
over $5 billion just over three years ago. On Tuesday, its market cap sank below
$240 million. If nothing else, this debacle is a loud caveat emptor for anyone
thinking about gambling on a stock with questionable fundamentals.
Top-Performing U.S.-Listed Chinese Stocks (Nov 22, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Suntech Power
Holdings Co., Ltd. (ADR) (NYSE:STP) is the best-performing U.S.-listed Chinese
stock on Nov. 22. It was up 17.5% on the day. STPs upside potential is 69.2%
based on brokerage analysts average target price of $4.43. It is trading at
24.2% of its 52-week high of $10.83, and 54.1% above its 52-week low of $1.70.
Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the second best-performing
U.S.-listed Chinese stock on Nov. 22. It was up 14.7% on the day. FMCNs upside
potential is 127.3% based on brokerage analysts average target price of $40.23.
It is trading at 47.1% of its 52-week high of $37.58, and 101.4% above its
52-week low of $8.79. Trina Solar Limited (ADR) (NYSE:TSL) is the third
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.7% on the day.
TSLs upside potential is 94.7% based on brokerage analysts average target price
of $13.07. It is trading at 21.6% of its 52-week high of $31.08, and 27.1% above
its 52-week low of $5.28. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is
the fourth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.6%
on the day. YGEs upside potential is 49.4% based on brokerage analysts average
target price of $5.29. It is trading at 26.0% of its 52-week high of $13.59, and
28.7% above its 52-week low of $2.75. Phoenix New Media Ltd ADR (NYSE:FENG) is
the fifth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.3%
on the day. FENGs upside potential is 81.5% based on brokerage analysts average
target price of $10.67. It is trading at 39.0% of its 52-week high of $15.09,
and 40.0% above its 52-week low of $4.20. Giant Interactive Group Inc (ADR)
(NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Nov. 22. It
was up 6.8% on the day. GAs upside potential is 77.6% based on brokerage
analysts average target price of $6.98. It is trading at 41.6% of its 52-week
high of $9.45, and 30.1% above its 52-week low of $3.02. LDK Solar Co., Ltd
(ADR) (NYSE:LDK) is the seventh best-performing U.S.-listed Chinese stock on
Nov. 22. It was up 6.0% on the day. LDKs upside potential is 49.3% based on
brokerage analysts average target price of $4.48. It is trading at 20.0% of its
52-week high of $14.97, and 17.6% above its 52-week low of $2.55. Youku.com Inc
(ADR) (NYSE:YOKU) is the eighth best-performing U.S.-listed Chinese stock on
Nov. 22. It was up 5.6% on the day. YOKUs upside potential is 89.6% based on
brokerage analysts average target price of $29.14. It is trading at 22.0% of its
52-week high of $69.95, and 11.7% above its 52-week low of $13.76. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the ninth best-performing U.S.-listed
Chinese stock on Nov. 22. It was up 5.5% on the day. MPELs upside potential is
73.7% based on brokerage analysts average target price of $15.37. It is trading
at 54.8% of its 52-week high of $16.15, and 59.5% above its 52-week low of
$5.55. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 10th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.4% on the day.
EDUs upside potential is 49.3% based on brokerage analysts average target price
of $35.30. It is trading at 68.0% of its 52-week high of $34.77, and 14.7% above
its 52-week low of $20.61. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is
the 11th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.3% on
the day. JASOs upside potential is 96.5% based on brokerage analysts average
target price of $3.14. It is trading at 18.7% of its 52-week high of $8.57, and
14.3% above its 52-week low of $1.40. Hollysys Automation Technologies Ltd
(NASDAQ:HOLI) is the 12th best-performing U.S.-listed Chinese stock on Nov. 22.
It was up 5.1% on the day. HOLIs upside potential is 44.3% based on brokerage
analysts average target price of $13.13. It is trading at 50.1% of its 52-week
high of $18.15, and 100.4% above its 52-week low of $4.54. 51job, Inc. (ADR)
(NASDAQ:JOBS) is the 13th best-performing U.S.-listed Chinese stock on Nov. 22.
It was up 4.9% on the day. JOBSs upside potential is 51.2% based on brokerage
analysts average target price of $64.50. It is trading at 61.1% of its 52-week
high of $69.80, and 16.5% above its 52-week low of $36.62. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the 14th best-performing U.S.-listed
Chinese stock on Nov. 22. It was up 4.3% on the day. CTRPs upside potential is
64.6% based on brokerage analysts average target price of $44.30. It is trading
at 53.2% of its 52-week high of $50.57, and 14.3% above its 52-week low of
$23.56. Mindray Medical International Ltd (ADR) (NYSE:MR) is the 15th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.1% on the day.
MRs upside potential is 24.7% based on brokerage analysts average target price
of $31.13. It is trading at 80.0% of its 52-week high of $31.21, and 17.5% above
its 52-week low of $21.25. Shanda Games Limited(ADR) (NASDAQ:GAME) is the 16th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.1% on the day.
GAMEs upside potential is 53.0% based on brokerage analysts average target price
of $6.65. It is trading at 56.5% of its 52-week high of $7.70, and 25.7% above
its 52-week low of $3.46. ReneSola Ltd. (ADR) (NYSE:SOL) is the 17th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 3.6% on the day.
SOLs upside potential is 64.4% based on brokerage analysts average target price
of $2.86. It is trading at 13.1% of its 52-week high of $13.25, and 19.2% above
its 52-week low of $1.46. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the
18th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 2.9% on the
day. WXs upside potential is 53.7% based on brokerage analysts average target
price of $18.54. It is trading at 63.1% of its 52-week high of $19.10, and 10.1%
above its 52-week low of $10.95. Shanda Interactive Entertainment Ltd ADR
(NASDAQ:SNDA) is the 19th best-performing U.S.-listed Chinese stock on Nov. 22.
It was up 2.3% on the day. SNDAs upside potential is -1.5% based on brokerage
analysts average target price of $39.66. It is trading at 74.3% of its 52-week
high of $54.20, and 41.6% above its 52-week low of $28.44. AutoNavi Holdings Ltd
(ADR) (NASDAQ:AMAP) is the 20th best-performing U.S.-listed Chinese stock on
Nov. 22. It was up 2.2% on the day. AMAPs upside potential is 127.4% based on
brokerage analysts average target price of $22.83. It is trading at 49.7% of its
52-week high of $20.22, and 7.7% above its 52-week low of $9.32.
Holdings Co., Ltd. (ADR) (NYSE:STP) is the best-performing U.S.-listed Chinese
stock on Nov. 22. It was up 17.5% on the day. STPs upside potential is 69.2%
based on brokerage analysts average target price of $4.43. It is trading at
24.2% of its 52-week high of $10.83, and 54.1% above its 52-week low of $1.70.
Focus Media Holding Limited (ADR) (NASDAQ:FMCN) is the second best-performing
U.S.-listed Chinese stock on Nov. 22. It was up 14.7% on the day. FMCNs upside
potential is 127.3% based on brokerage analysts average target price of $40.23.
It is trading at 47.1% of its 52-week high of $37.58, and 101.4% above its
52-week low of $8.79. Trina Solar Limited (ADR) (NYSE:TSL) is the third
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.7% on the day.
TSLs upside potential is 94.7% based on brokerage analysts average target price
of $13.07. It is trading at 21.6% of its 52-week high of $31.08, and 27.1% above
its 52-week low of $5.28. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) is
the fourth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.6%
on the day. YGEs upside potential is 49.4% based on brokerage analysts average
target price of $5.29. It is trading at 26.0% of its 52-week high of $13.59, and
28.7% above its 52-week low of $2.75. Phoenix New Media Ltd ADR (NYSE:FENG) is
the fifth best-performing U.S.-listed Chinese stock on Nov. 22. It was up 7.3%
on the day. FENGs upside potential is 81.5% based on brokerage analysts average
target price of $10.67. It is trading at 39.0% of its 52-week high of $15.09,
and 40.0% above its 52-week low of $4.20. Giant Interactive Group Inc (ADR)
(NYSE:GA) is the sixth best-performing U.S.-listed Chinese stock on Nov. 22. It
was up 6.8% on the day. GAs upside potential is 77.6% based on brokerage
analysts average target price of $6.98. It is trading at 41.6% of its 52-week
high of $9.45, and 30.1% above its 52-week low of $3.02. LDK Solar Co., Ltd
(ADR) (NYSE:LDK) is the seventh best-performing U.S.-listed Chinese stock on
Nov. 22. It was up 6.0% on the day. LDKs upside potential is 49.3% based on
brokerage analysts average target price of $4.48. It is trading at 20.0% of its
52-week high of $14.97, and 17.6% above its 52-week low of $2.55. Youku.com Inc
(ADR) (NYSE:YOKU) is the eighth best-performing U.S.-listed Chinese stock on
Nov. 22. It was up 5.6% on the day. YOKUs upside potential is 89.6% based on
brokerage analysts average target price of $29.14. It is trading at 22.0% of its
52-week high of $69.95, and 11.7% above its 52-week low of $13.76. Melco Crown
Entertainment Ltd (ADR) (NASDAQ:MPEL) is the ninth best-performing U.S.-listed
Chinese stock on Nov. 22. It was up 5.5% on the day. MPELs upside potential is
73.7% based on brokerage analysts average target price of $15.37. It is trading
at 54.8% of its 52-week high of $16.15, and 59.5% above its 52-week low of
$5.55. New Oriental Education & Tech Grp (ADR) (NYSE:EDU) is the 10th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.4% on the day.
EDUs upside potential is 49.3% based on brokerage analysts average target price
of $35.30. It is trading at 68.0% of its 52-week high of $34.77, and 14.7% above
its 52-week low of $20.61. JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is
the 11th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 5.3% on
the day. JASOs upside potential is 96.5% based on brokerage analysts average
target price of $3.14. It is trading at 18.7% of its 52-week high of $8.57, and
14.3% above its 52-week low of $1.40. Hollysys Automation Technologies Ltd
(NASDAQ:HOLI) is the 12th best-performing U.S.-listed Chinese stock on Nov. 22.
It was up 5.1% on the day. HOLIs upside potential is 44.3% based on brokerage
analysts average target price of $13.13. It is trading at 50.1% of its 52-week
high of $18.15, and 100.4% above its 52-week low of $4.54. 51job, Inc. (ADR)
(NASDAQ:JOBS) is the 13th best-performing U.S.-listed Chinese stock on Nov. 22.
It was up 4.9% on the day. JOBSs upside potential is 51.2% based on brokerage
analysts average target price of $64.50. It is trading at 61.1% of its 52-week
high of $69.80, and 16.5% above its 52-week low of $36.62. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the 14th best-performing U.S.-listed
Chinese stock on Nov. 22. It was up 4.3% on the day. CTRPs upside potential is
64.6% based on brokerage analysts average target price of $44.30. It is trading
at 53.2% of its 52-week high of $50.57, and 14.3% above its 52-week low of
$23.56. Mindray Medical International Ltd (ADR) (NYSE:MR) is the 15th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.1% on the day.
MRs upside potential is 24.7% based on brokerage analysts average target price
of $31.13. It is trading at 80.0% of its 52-week high of $31.21, and 17.5% above
its 52-week low of $21.25. Shanda Games Limited(ADR) (NASDAQ:GAME) is the 16th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 4.1% on the day.
GAMEs upside potential is 53.0% based on brokerage analysts average target price
of $6.65. It is trading at 56.5% of its 52-week high of $7.70, and 25.7% above
its 52-week low of $3.46. ReneSola Ltd. (ADR) (NYSE:SOL) is the 17th
best-performing U.S.-listed Chinese stock on Nov. 22. It was up 3.6% on the day.
SOLs upside potential is 64.4% based on brokerage analysts average target price
of $2.86. It is trading at 13.1% of its 52-week high of $13.25, and 19.2% above
its 52-week low of $1.46. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the
18th best-performing U.S.-listed Chinese stock on Nov. 22. It was up 2.9% on the
day. WXs upside potential is 53.7% based on brokerage analysts average target
price of $18.54. It is trading at 63.1% of its 52-week high of $19.10, and 10.1%
above its 52-week low of $10.95. Shanda Interactive Entertainment Ltd ADR
(NASDAQ:SNDA) is the 19th best-performing U.S.-listed Chinese stock on Nov. 22.
It was up 2.3% on the day. SNDAs upside potential is -1.5% based on brokerage
analysts average target price of $39.66. It is trading at 74.3% of its 52-week
high of $54.20, and 41.6% above its 52-week low of $28.44. AutoNavi Holdings Ltd
(ADR) (NASDAQ:AMAP) is the 20th best-performing U.S.-listed Chinese stock on
Nov. 22. It was up 2.2% on the day. AMAPs upside potential is 127.4% based on
brokerage analysts average target price of $22.83. It is trading at 49.7% of its
52-week high of $20.22, and 7.7% above its 52-week low of $9.32.
COMEX Gold Futures Climb Back Above $1,700
Gold futures reclaimed the $1,700 level on Tuesday following yesterdays
large-selloff. COMEX gold for December 2011 delivery the most actively-traded
contract settled higher by $23.80, or 1.4%, at $1,702.40 per ounce.
large-selloff. COMEX gold for December 2011 delivery the most actively-traded
contract settled higher by $23.80, or 1.4%, at $1,702.40 per ounce.
Gold Stocks (GDX) Climb, “Tremendous Frenzy” Ahead
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 GOLD STOCKS NEWS – Gold stocks advanced Tuesday morning as the Market Vectors Gold Miners ETF (GDX) climbed $0.36, or 0.6%, to $56.56 per share.
Todays Dow Jones Industrial Average DJIA Index DJX DJI, Nasdaq, S&P 500 Stock Market USA Investing News Mid-Day
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dow2664 Investors opened this week with hopes that trend-line movement for the primary stock indices would begin to move in a more positive direction. It is a shortened week for the U.S. marketplace due to the Thanksgiving Holiday but investors found little to be thankful for on the opening day of trading this week. World markets closed out the last session weaker and this negative action carried over to weigh down the primary indices opening day. A broad sell-off transpired and stocks fell approximately 2 percent on the day. Trend-lines this morning, prior to opening bell, did little to stir optimism. The Nikkei and the Shanghai composite closed red in the Asian market and futures in the U.S. were mixed. The Nasdaq and S&P 500 futures were posting in negative territory. The Dow Jones Industrial Average slumped last session by almost 250 points and negative news spread in the U.S. regarding the congressional supercommittee. After months of debate to find common ground, the supercommittee announced that terms could not be agreed upon regarding debt crisis response in the U.S. This news is sure to pressure investors and stocks as this trading session plays out. As the session reached the mid-day mark today, the primary indices were all posting red. The Dow Jones Industrial Average was lower by .06 percent at 11,540.19. Stocks were faltering after the weaker than expected GDP report today. Frank Matto
10 Specialty Retail Stocks to Buy
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tdp2664 InvestorPlace This holiday shopping season, some retailers will thrive as consumers search for the best Black Friday deals of 2011 , and others will flop thanks to weak consumer spending and a failure to win what few shopping dollars are out there. Smart investors will hold those winners and bail out on the losers. I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. This week, I’ve got 10 specialty retail stocks to buy. Here they are, in alphabetical order. Each one of these stocks gets an "A" or "B" according to my research, meaning it is a "strong buy" or "buy." Bed Bath & Beyond Inc. (NASDAQ: BBBY ) operates more than just Bed Bath & Beyond stores, including Christmas Tree Shops, Harmon and Harmon Face Values and buybuy BABY. In 2011, BBBY stock is up 20%. Express Inc. (NYSE: EXPR ) is a retailer of specialty apparel and accessories for men and women. EXPR rounds out the list with a 12% increase, year-to-date. Foot Locker Inc. (NYSE: FL ) can be found in malls across the U.S. and is a retailer of athletic footwear and apparel. While other retail stocks have had a rough year, FL has steadily climbed 14%. Limited Brands Inc. (NYSE: LTD ) operates numerous retail brands including : Victoria's Secret, Victoria's Secret Pink, La Senza, Bath & Body Works, C.O. Bigelow, The White Barn Candle Company and Henri Bendel. LTD stock has jumped 31%, year-to-date. PetSmart Inc. (NASDAQ: PETM ) provides products, services and solutions for pets. PETM has watched its stock price climb 18% since the start of 2011. Ross Stores Inc. (NASDAQ: ROST ) is another retailer of off-price apparel and home accessories stores. Since the start of 2011, ROST has gained 37% compared to a marginal loss by the Dow Jones. Sally Beauty Holdings Inc. (NYSE: SBH ) operates in the United States and distributes professional beauty supplies. SBH stock has posted an impressive gain of 32% since the start of 2011. Tiffany & Co. (NYSE: TIF ) is a retailer of fine jewelry, as any husband reading this list before completing his holiday shopping is probably well aware. A 15% gain in the past 11 months has left shareholders happy with their investment. TJX Companies (NYSE: TJX ) is an international retailer of off-price apparel and home fashions. TJX stock has climbed 33% since the start of 2011, compared to the Dow Jones, which is down slightly in the same time frame. Ulta Salon Cosmetics & Fragrances Inc. (NASDAQ: ULTA ) works primarily with cosmetics, fragrance, haircare and skincare products. ULTA stock has soared an incredible 98%, year-to-date, in a time when many other retailers are sinking. Get more analysis of these picks and other publicly-traded stocks with Louis Navellier's Portfolio Grader tool, a 100% free stock-rating tool that measures both quantitative buying pressure and eight fundamental factors.
For Value Investors, It’s IBM — Not HP
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tdp2664 InvestorPlace Hewlett-Packard (NYSE: HPQ ) announced its fourth-quarter earnings after the close of business Nov. 21, and as everyone knows by now, they were awful. To her credit, CEO Meg Whitman didn’t try to paint a pretty picture, preferring instead to be brutally honest about the difficulties that lie ahead. With HP trading 53% below its five-year high, value investors are likely taking a close look at the battered tech giant. It’s an intriguing proposition for sure. That said, unless you’re prepared for several years of volatility, the smarter bet is to pass on Hewlett-Packard and buy IBM (NYSE: IBM ) instead. The natural thing for investors to focus on in HP’s fourth-quarter earnings is the $885 million impairment charge to goodwill and purchased intangible assets resulting from the shuttering of its WebOS tablet and smartphone business. That charge cut operating profits for the year by 8.4%. It’s a big chunk for sure, but so much more is going wrong at HP that it’s pointless to worry about the impairment charge. Add back in the $885 million, and you still have an 8% decline year-over-year in operating profits on a 1% increase in revenues. Operating margin narrowed 80 basis points to 8.3%, its lowest rate since 2006. Now compare this effort with IBM. In the nine months ended Sept. 30, IBM’s operating margin was 18.1%, 80 basis points better than the same period a year earlier and nearly double HP’s. It’s hard to find anything that paints a clearer picture of the differences between the two companies. 5 Reasons to Shun HP Larry Dignan, editor-in-chief of ZDNet, wrote today about five specific areas of concern for HP in 2012. At the top of the list is HP’s enterprise servers, storage and networking unit. Dignan points out that the group saw a 4% decline in revenue in the quarter. What he doesn’t mention is that the unit’s operating income dropped 17.5% year-over-year to $733 million. While that’s still 20% of HP’s overall operating profit in the quarter, the slide is definitely troubling. HP’s biggest revenue loser in the quarter was its Itanium-based server line, which saw revenues decline 23% due to a lawsuit with Oracle (NASDAQ: ORCL ) that contends HP is forcing Intel (NASDAQ: INTC ) to continue developing the Itanium servers despite the fact they aren’t selling. It’s not a good partnership when one party is forced to participate. Services, the segment upon which IBM rebuilt itself a decade ago, seems to be failing HP. In the latest year, this segment’s operating profit declined 160 basis points to 14.3%. Dignan points out that this measure has been on a downward slide since the fourth quarter of 2010. On the other hand, IBM’s operating margin for services in the first nine months of the year increased 90 basis points year-over-year to 14%. Perception is everything I suppose. Having recently written an article about Lexmark (NYSE: LXK ), I’m all too aware that consumers are cutting back on the use of printers and ink. In 2011, HP’s printing and imaging group saw operating margins decline by 400 basis points to 13.1%. Basically, it was giving away the ink. Last, and the most important of the five points, is research and development. HP has gotten away from R&D spending in recent years, and it shows. No longer, says Whitman, will HP avoid innovation. That can’t happen soon enough. HP currently spends 2.5% of overall revenue on R&D compared to 6% for IBM. Unfortunately, Whitman suggests the increased spending won’t arrive until 2014 at the earliest. If that’s true, why would any investor gamble on something hypothetical when you can get the real thing at IBM. Warren’s Big Blue Wisdom Warren Buffett is known to invest in great companies. IBM was a great company for a long time, before stumbling in the early 1990s. Lou Gerstner took over in 1993 and completely changed the culture and in the process reinvigorated Big Blue. He then wisely passed the baton to Sam Palmisano, who himself will hand the top job to longtime IBM veteran Virginia Rometty on Jan. 1. Seamless transitions. Something HP can only dream about. Buffett recently became the largest IBM shareholder because he saw a company that avoids the drama of business and simply makes money. By 2015, it should earn $20 a share. In 2001, IBM’s EPS was $4.35 with an average market price of $104 for a P/E of 24 times. Its EPS in 2011 will be more than $13 for a P/E of 14 times. I’d say Buffett paid a fair price for a great company. Forget the value play in HP and invest in the better company. As of this writing, Will Ashworth did not own position in any of the stocks named here.
Todays Gold Price Per Ounce Spot Gold Price Per gram; Spot Silver Price Per Ounce; Gold Rates Silver Rates Mid-Day
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dow2664 Gold contract for December delivery opening the first day of trading this week on the negative side of break-even. Silver contract for December delivery was in the red as well according to opening session close. Investors continue to deal with the negative pressure of the eurozone and U.S. debt crisis and the choppy trends that are playing out in the currency market as a result. The dollar gained versus a handful of other currencies once again last session and this action negatively pressured precious metal gold and silver acquisitions. The negative influence that the debt crisis is having on stock trends though helps keep the safe haven appeal of precious metal gold on investors’ radar. Stock tumbled approximately 2 percent last session in the U.S. and news from the congressional supercommittee was negative as well. Today, the GDP report in the U.S. was weaker than expected. This negatively skewed action could help support precious metal gold rates. Prior to opening bell this morning, spot gold price per gram was trending in positive territory. As the trading session reached the mid-day mark in the U.S., precious metal gold and silver price trends were positive. Electronic price for December delivery gold was positive by 1.02 percent at 1695.80 per troy ounce. Electronic price for December delivery Silver was positive by 3.36 percent at 32.16. Spot gold price per gram was green at this point by .60 at 54.56 and spot silver price per ounce was green by .11 at 32.53. Camillo Zucari
Gold Stocks (GDX) Climb, “Tremendous Frenzy” Ahead
GOLD STOCKS NEWS – Gold stocks advanced Tuesday morning as the Market Vectors
Gold Miners ETF (GDX) climbed $0.36, or 0.6%, to $56.56 per share.
Gold Miners ETF (GDX) climbed $0.36, or 0.6%, to $56.56 per share.
Microsoft Corporation (NASDAQ:MSFT) To Speed Up China Growth
Microsoft Corporation (NASDAQ:MSFT) has plans to speed up its growth in China,
with a wide range of options on the table. Microsoft Corporation (NASDAQ:MSFT)
To Speed Up China Growth Reports say that Microsoft Corporation (NASDAQ:MSFT) is
planning a five-year plan for accelerated growth in China. Microsoft Corporation
(NASDAQ:MSFT) has invested in the Chinese market but faces challenges in
monetizing the full potential of it. Microsoft Corporation (NASDAQ:MSFT) is keen
to seize the opportunity brought by the mega IT industry trends in China, which
include devices and cloud computing. Jean-Philippe Courtois, senior
vice-president of Microsoft and president of Microsoft Corporation (NASDAQ:MSFT)
International, said that his company is working on the plan for the companys
2013 to 2017 fiscal years, which start in July. He added, "I am dedicated to
enabling much faster growth in China, which is his companys priority and his
priority in international expansion. Microsoft Corporation (NASDAQ:MSFT) wants
to be much more visible in China and much more into the day-to-day life of the
hundreds of millions of people and all the businesses in China in the years to
come. Microsoft Corporation (NASDAQ:MSFT) China, based on global strategies, has
established a consumer channel group, so that it can integrate all related
resources to handle the challenges, especially with the popularity of Apples
iPhones and iPads and smartphones using Googles Android". Microsoft Corp.
(NASDAQ:MSFT) stocks were at 25 at the end of the last days trading. Theres been
a 5.2% change in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.77 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.81 Zacks
Rank: 32 out of 89 in the industry
with a wide range of options on the table. Microsoft Corporation (NASDAQ:MSFT)
To Speed Up China Growth Reports say that Microsoft Corporation (NASDAQ:MSFT) is
planning a five-year plan for accelerated growth in China. Microsoft Corporation
(NASDAQ:MSFT) has invested in the Chinese market but faces challenges in
monetizing the full potential of it. Microsoft Corporation (NASDAQ:MSFT) is keen
to seize the opportunity brought by the mega IT industry trends in China, which
include devices and cloud computing. Jean-Philippe Courtois, senior
vice-president of Microsoft and president of Microsoft Corporation (NASDAQ:MSFT)
International, said that his company is working on the plan for the companys
2013 to 2017 fiscal years, which start in July. He added, "I am dedicated to
enabling much faster growth in China, which is his companys priority and his
priority in international expansion. Microsoft Corporation (NASDAQ:MSFT) wants
to be much more visible in China and much more into the day-to-day life of the
hundreds of millions of people and all the businesses in China in the years to
come. Microsoft Corporation (NASDAQ:MSFT) China, based on global strategies, has
established a consumer channel group, so that it can integrate all related
resources to handle the challenges, especially with the popularity of Apples
iPhones and iPads and smartphones using Googles Android". Microsoft Corp.
(NASDAQ:MSFT) stocks were at 25 at the end of the last days trading. Theres been
a 5.2% change in the stock price over the past 3 months. Microsoft Corp.
(NASDAQ:MSFT) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.77 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.81 Zacks
Rank: 32 out of 89 in the industry
Top 10 NASDAQ Stocks with Highest Return on Assets: MNTA, JAZZ, PDLI, SSRI, CRUS, USMO, CPSI, CRWN, BIDU, CPTS (Nov 22, 2011)
Below are the top 10 stocks in the NASDAQ Composite index with highest Return
on Assets ratio (ROA) for the last 12 months. ROA shows a companys efficiency in
making profits from its assets. It is equal to net profits divided by total
assets. One Chinese company (BIDU) is on the list. Momenta Pharmaceuticals, Inc.
(NASDAQ:MNTA) has the 1st highest Return on Assets in this segment of the
market. Its ROA was 79.80% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.14 for the same period. Jazz Pharmaceuticals,
Inc. (NASDAQ:JAZZ) has the 2nd highest Return on Assets in this segment of the
market. Its ROA was 70.91% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.53 for the same period. PDL BioPharma Inc.
(NASDAQ:PDLI) has the 3rd highest Return on Assets in this segment of the
market. Its ROA was 51.51% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.38 for the same period. Silver Standard
Resources Inc. (USA) (NASDAQ:SSRI) has the 4th highest Return on Assets in this
segment of the market. Its ROA was 43.70% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.17 for the same period. Cirrus
Logic, Inc. (NASDAQ:CRUS) has the 5th highest Return on Assets in this segment
of the market. Its ROA was 43.01% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 0.93 for the same period. USA Mobility,
Inc. (NASDAQ:USMO) has the 6th highest Return on Assets in this segment of the
market. Its ROA was 40.09% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 0.87 for the same period. Computer Programs &
Systems, Inc. (NASDAQ:CPSI) has the 7th highest Return on Assets in this segment
of the market. Its ROA was 39.06% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 2.63 for the same period. Crown Media
Holdings, Inc (NASDAQ:CRWN) has the 8th highest Return on Assets in this segment
of the market. Its ROA was 39.00% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 0.39 for the same period. Baidu.com, Inc.
(ADR) (NASDAQ:BIDU) has the 9th highest Return on Assets in this segment of the
market. Its ROA was 38.10% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 0.83 for the same period. Conceptus, Inc.
(NASDAQ:CPTS) has the 10th highest Return on Assets in this segment of the
market. Its ROA was 37.20% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 0.62 for the same period.
on Assets ratio (ROA) for the last 12 months. ROA shows a companys efficiency in
making profits from its assets. It is equal to net profits divided by total
assets. One Chinese company (BIDU) is on the list. Momenta Pharmaceuticals, Inc.
(NASDAQ:MNTA) has the 1st highest Return on Assets in this segment of the
market. Its ROA was 79.80% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.14 for the same period. Jazz Pharmaceuticals,
Inc. (NASDAQ:JAZZ) has the 2nd highest Return on Assets in this segment of the
market. Its ROA was 70.91% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.53 for the same period. PDL BioPharma Inc.
(NASDAQ:PDLI) has the 3rd highest Return on Assets in this segment of the
market. Its ROA was 51.51% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 1.38 for the same period. Silver Standard
Resources Inc. (USA) (NASDAQ:SSRI) has the 4th highest Return on Assets in this
segment of the market. Its ROA was 43.70% for the last 12 months. Its Asset
Turnover ratio (revenue divided by assets) was 0.17 for the same period. Cirrus
Logic, Inc. (NASDAQ:CRUS) has the 5th highest Return on Assets in this segment
of the market. Its ROA was 43.01% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 0.93 for the same period. USA Mobility,
Inc. (NASDAQ:USMO) has the 6th highest Return on Assets in this segment of the
market. Its ROA was 40.09% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 0.87 for the same period. Computer Programs &
Systems, Inc. (NASDAQ:CPSI) has the 7th highest Return on Assets in this segment
of the market. Its ROA was 39.06% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 2.63 for the same period. Crown Media
Holdings, Inc (NASDAQ:CRWN) has the 8th highest Return on Assets in this segment
of the market. Its ROA was 39.00% for the last 12 months. Its Asset Turnover
ratio (revenue divided by assets) was 0.39 for the same period. Baidu.com, Inc.
(ADR) (NASDAQ:BIDU) has the 9th highest Return on Assets in this segment of the
market. Its ROA was 38.10% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 0.83 for the same period. Conceptus, Inc.
(NASDAQ:CPTS) has the 10th highest Return on Assets in this segment of the
market. Its ROA was 37.20% for the last 12 months. Its Asset Turnover ratio
(revenue divided by assets) was 0.62 for the same period.
Google Inc. (NASDAQ:GOOG) Updates iPad App
Google Inc. (NASDAQ:GOOG) has unveiled the latest version of its free search
app for Apples iPad. Google Inc. (NASDAQ:GOOG) Updates iPad App Google Inc.
(NASDAQ:GOOG) has updated the search app for iPad with a lot of new features
including Siri-like voice search, Visual Search History, Google Instant and +
button. Google Instant provides quick results as you type and the + button helps
to share and recommend contents with others. This update is available for iPad
with iOS 4 or higher and it makes search faster on the Apple device. Google Inc.
(NASDAQ:GOOG) software engineer Daniel Fish said, "You'll notice that
searching is faster and more interactive from your first keystroke". Google
Inc. (NASDAQ:GOOG) stocks are currently standing at 580.94. Price History Last
Price: 580.94 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 564.36
6 Month Price Change %: 13.5% 12 Month Price Change %: -0.3%
app for Apples iPad. Google Inc. (NASDAQ:GOOG) Updates iPad App Google Inc.
(NASDAQ:GOOG) has updated the search app for iPad with a lot of new features
including Siri-like voice search, Visual Search History, Google Instant and +
button. Google Instant provides quick results as you type and the + button helps
to share and recommend contents with others. This update is available for iPad
with iOS 4 or higher and it makes search faster on the Apple device. Google Inc.
(NASDAQ:GOOG) software engineer Daniel Fish said, "You'll notice that
searching is faster and more interactive from your first keystroke". Google
Inc. (NASDAQ:GOOG) stocks are currently standing at 580.94. Price History Last
Price: 580.94 52 Week Low / High: 473.02 / 642.96 50 Day Moving Average: 564.36
6 Month Price Change %: 13.5% 12 Month Price Change %: -0.3%
10 Specialty Retail Stocks to Buy
This holiday shopping season, some retailers will thrive as consumers search
for the best Black Friday deals of 2011 , and others will flop thanks to weak
consumer spending and a failure to win what few shopping dollars are out there.
Smart investors will hold those winners and bail out on the losers. I watch more
than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
got 10 specialty retail stocks to buy. Here they are, in alphabetical order.
Each one of these stocks gets an "A" or "B" according to my research,
meaning it is a "strong buy" or "buy." Bed Bath & Beyond Inc. (NASDAQ:
BBBY ) operates more than just Bed Bath & Beyond stores, including Christmas
Tree Shops, Harmon and Harmon Face Values and buybuy BABY. In 2011, BBBY stock
is up 20%. Express Inc. (NYSE: EXPR ) is a retailer of specialty apparel and
accessories for men and women. EXPR rounds out the list with a 12% increase,
year-to-date. Foot Locker Inc. (NYSE: FL ) can be found in malls across the U.S.
and is a retailer of athletic footwear and apparel. While other retail stocks
have had a rough year, FL has steadily climbed 14%. Limited Brands Inc. (NYSE:
LTD ) operates numerous retail brands including : Victoria's Secret,
Victoria's Secret Pink, La Senza, Bath & Body Works, C.O. Bigelow, The White
Barn Candle Company and Henri Bendel. LTD stock has jumped 31%, year-to-date.
PetSmart Inc. (NASDAQ: PETM ) provides products, services and solutions for
pets. PETM has watched its stock price climb 18% since the start of 2011. Ross
Stores Inc. (NASDAQ: ROST ) is another retailer of off-price apparel and home
accessories stores. Since the start of 2011, ROST has gained 37% compared to a
marginal loss by the Dow Jones. Sally Beauty Holdings Inc. (NYSE: SBH ) operates
in the United States and distributes professional beauty supplies. SBH stock has
posted an impressive gain of 32% since the start of 2011. Tiffany & Co. (NYSE:
TIF ) is a retailer of fine jewelry, as any husband reading this list before
completing his holiday shopping is probably well aware. A 15% gain in the past
11 months has left shareholders happy with their investment. TJX Companies
(NYSE: TJX ) is an international retailer of off-price apparel and home
fashions. TJX stock has climbed 33% since the start of 2011, compared to the Dow
Jones, which is down slightly in the same time frame. Ulta Salon Cosmetics &
Fragrances Inc. (NASDAQ: ULTA ) works primarily with cosmetics, fragrance,
haircare and skincare products. ULTA stock has soared an incredible 98%,
year-to-date, in a time when many other retailers are sinking. Get more analysis
of these picks and other publicly-traded stocks with Louis Navellier's
Portfolio Grader tool, a 100% free stock-rating tool that measures both
quantitative buying pressure and eight fundamental factors.
for the best Black Friday deals of 2011 , and others will flop thanks to weak
consumer spending and a failure to win what few shopping dollars are out there.
Smart investors will hold those winners and bail out on the losers. I watch more
than 5,000 publicly traded companies with my Portfolio Grader tool, ranking
companies by a number of fundamental and quantitative measures. This week, Ive
got 10 specialty retail stocks to buy. Here they are, in alphabetical order.
Each one of these stocks gets an "A" or "B" according to my research,
meaning it is a "strong buy" or "buy." Bed Bath & Beyond Inc. (NASDAQ:
BBBY ) operates more than just Bed Bath & Beyond stores, including Christmas
Tree Shops, Harmon and Harmon Face Values and buybuy BABY. In 2011, BBBY stock
is up 20%. Express Inc. (NYSE: EXPR ) is a retailer of specialty apparel and
accessories for men and women. EXPR rounds out the list with a 12% increase,
year-to-date. Foot Locker Inc. (NYSE: FL ) can be found in malls across the U.S.
and is a retailer of athletic footwear and apparel. While other retail stocks
have had a rough year, FL has steadily climbed 14%. Limited Brands Inc. (NYSE:
LTD ) operates numerous retail brands including : Victoria's Secret,
Victoria's Secret Pink, La Senza, Bath & Body Works, C.O. Bigelow, The White
Barn Candle Company and Henri Bendel. LTD stock has jumped 31%, year-to-date.
PetSmart Inc. (NASDAQ: PETM ) provides products, services and solutions for
pets. PETM has watched its stock price climb 18% since the start of 2011. Ross
Stores Inc. (NASDAQ: ROST ) is another retailer of off-price apparel and home
accessories stores. Since the start of 2011, ROST has gained 37% compared to a
marginal loss by the Dow Jones. Sally Beauty Holdings Inc. (NYSE: SBH ) operates
in the United States and distributes professional beauty supplies. SBH stock has
posted an impressive gain of 32% since the start of 2011. Tiffany & Co. (NYSE:
TIF ) is a retailer of fine jewelry, as any husband reading this list before
completing his holiday shopping is probably well aware. A 15% gain in the past
11 months has left shareholders happy with their investment. TJX Companies
(NYSE: TJX ) is an international retailer of off-price apparel and home
fashions. TJX stock has climbed 33% since the start of 2011, compared to the Dow
Jones, which is down slightly in the same time frame. Ulta Salon Cosmetics &
Fragrances Inc. (NASDAQ: ULTA ) works primarily with cosmetics, fragrance,
haircare and skincare products. ULTA stock has soared an incredible 98%,
year-to-date, in a time when many other retailers are sinking. Get more analysis
of these picks and other publicly-traded stocks with Louis Navellier's
Portfolio Grader tool, a 100% free stock-rating tool that measures both
quantitative buying pressure and eight fundamental factors.
For Value Investors, It’s IBM — Not HP
Hewlett-Packard (NYSE: HPQ ) announced its fourth-quarter earnings after the
close of business Nov. 21, and as everyone knows by now, they were awful. To her
credit, CEO Meg Whitman didnt try to paint a pretty picture, preferring instead
to be brutally honest about the difficulties that lie ahead. With HP trading 53%
below its five-year high, value investors are likely taking a close look at the
battered tech giant. Its an intriguing proposition for sure. That said, unless
youre prepared for several years of volatility, the smarter bet is to pass on
Hewlett-Packard and buy IBM (NYSE: IBM ) instead. The natural thing for
investors to focus on in HPs fourth-quarter earnings is the $885 million
impairment charge to goodwill and purchased intangible assets resulting from the
shuttering of its WebOS tablet and smartphone business. That charge cut
operating profits for the year by 8.4%. Its a big chunk for sure, but so much
more is going wrong at HP that its pointless to worry about the impairment
charge. Add back in the $885 million, and you still have an 8% decline
year-over-year in operating profits on a 1% increase in revenues. Operating
margin narrowed 80 basis points to 8.3%, its lowest rate since 2006. Now compare
this effort with IBM. In the nine months ended Sept. 30, IBMs operating margin
was 18.1%, 80 basis points better than the same period a year earlier and nearly
double HPs. Its hard to find anything that paints a clearer picture of the
differences between the two companies. 5 Reasons to Shun HP Larry Dignan,
editor-in-chief of ZDNet, wrote today about five specific areas of concern for
HP in 2012. At the top of the list is HPs enterprise servers, storage and
networking unit. Dignan points out that the group saw a 4% decline in revenue in
the quarter. What he doesnt mention is that the units operating income dropped
17.5% year-over-year to $733 million. While thats still 20% of HPs overall
operating profit in the quarter, the slide is definitely troubling. HPs biggest
revenue loser in the quarter was its Itanium-based server line, which saw
revenues decline 23% due to a lawsuit with Oracle (NASDAQ: ORCL ) that contends
HP is forcing Intel (NASDAQ: INTC ) to continue developing the Itanium servers
despite the fact they arent selling. Its not a good partnership when one party
is forced to participate. Services, the segment upon which IBM rebuilt itself a
decade ago, seems to be failing HP. In the latest year, this segments operating
profit declined 160 basis points to 14.3%. Dignan points out that this measure
has been on a downward slide since the fourth quarter of 2010. On the other
hand, IBMs operating margin for services in the first nine months of the year
increased 90 basis points year-over-year to 14%. Perception is everything I
suppose. Having recently written an article about Lexmark (NYSE: LXK ), Im all
too aware that consumers are cutting back on the use of printers and ink. In
2011, HPs printing and imaging group saw operating margins decline by 400 basis
points to 13.1%. Basically, it was giving away the ink. Last, and the most
important of the five points, is research and development. HP has gotten away
from R&D spending in recent years, and it shows. No longer, says Whitman, will
HP avoid innovation. That cant happen soon enough. HP currently spends 2.5% of
overall revenue on R&D compared to 6% for IBM. Unfortunately, Whitman suggests
the increased spending wont arrive until 2014 at the earliest. If thats true,
why would any investor gamble on something hypothetical when you can get the
real thing at IBM. Warrens Big Blue Wisdom Warren Buffett is known to invest in
great companies. IBM was a great company for a long time, before stumbling in
the early 1990s. Lou Gerstner took over in 1993 and completely changed the
culture and in the process reinvigorated Big Blue. He then wisely passed the
baton to Sam Palmisano, who himself will hand the top job to longtime IBM
veteran Virginia Rometty on Jan. 1. Seamless transitions. Something HP can only
dream about. Buffett recently became the largest IBM shareholder because he saw
a company that avoids the drama of business and simply makes money. By 2015, it
should earn $20 a share. In 2001, IBMs EPS was $4.35 with an average market
price of $104 for a P/E of 24 times. Its EPS in 2011 will be more than $13 for a
P/E of 14 times. Id say Buffett paid a fair price for a great company. Forget
the value play in HP and invest in the better company. As of this writing, Will
Ashworth did not own position in any of the stocks named here.
close of business Nov. 21, and as everyone knows by now, they were awful. To her
credit, CEO Meg Whitman didnt try to paint a pretty picture, preferring instead
to be brutally honest about the difficulties that lie ahead. With HP trading 53%
below its five-year high, value investors are likely taking a close look at the
battered tech giant. Its an intriguing proposition for sure. That said, unless
youre prepared for several years of volatility, the smarter bet is to pass on
Hewlett-Packard and buy IBM (NYSE: IBM ) instead. The natural thing for
investors to focus on in HPs fourth-quarter earnings is the $885 million
impairment charge to goodwill and purchased intangible assets resulting from the
shuttering of its WebOS tablet and smartphone business. That charge cut
operating profits for the year by 8.4%. Its a big chunk for sure, but so much
more is going wrong at HP that its pointless to worry about the impairment
charge. Add back in the $885 million, and you still have an 8% decline
year-over-year in operating profits on a 1% increase in revenues. Operating
margin narrowed 80 basis points to 8.3%, its lowest rate since 2006. Now compare
this effort with IBM. In the nine months ended Sept. 30, IBMs operating margin
was 18.1%, 80 basis points better than the same period a year earlier and nearly
double HPs. Its hard to find anything that paints a clearer picture of the
differences between the two companies. 5 Reasons to Shun HP Larry Dignan,
editor-in-chief of ZDNet, wrote today about five specific areas of concern for
HP in 2012. At the top of the list is HPs enterprise servers, storage and
networking unit. Dignan points out that the group saw a 4% decline in revenue in
the quarter. What he doesnt mention is that the units operating income dropped
17.5% year-over-year to $733 million. While thats still 20% of HPs overall
operating profit in the quarter, the slide is definitely troubling. HPs biggest
revenue loser in the quarter was its Itanium-based server line, which saw
revenues decline 23% due to a lawsuit with Oracle (NASDAQ: ORCL ) that contends
HP is forcing Intel (NASDAQ: INTC ) to continue developing the Itanium servers
despite the fact they arent selling. Its not a good partnership when one party
is forced to participate. Services, the segment upon which IBM rebuilt itself a
decade ago, seems to be failing HP. In the latest year, this segments operating
profit declined 160 basis points to 14.3%. Dignan points out that this measure
has been on a downward slide since the fourth quarter of 2010. On the other
hand, IBMs operating margin for services in the first nine months of the year
increased 90 basis points year-over-year to 14%. Perception is everything I
suppose. Having recently written an article about Lexmark (NYSE: LXK ), Im all
too aware that consumers are cutting back on the use of printers and ink. In
2011, HPs printing and imaging group saw operating margins decline by 400 basis
points to 13.1%. Basically, it was giving away the ink. Last, and the most
important of the five points, is research and development. HP has gotten away
from R&D spending in recent years, and it shows. No longer, says Whitman, will
HP avoid innovation. That cant happen soon enough. HP currently spends 2.5% of
overall revenue on R&D compared to 6% for IBM. Unfortunately, Whitman suggests
the increased spending wont arrive until 2014 at the earliest. If thats true,
why would any investor gamble on something hypothetical when you can get the
real thing at IBM. Warrens Big Blue Wisdom Warren Buffett is known to invest in
great companies. IBM was a great company for a long time, before stumbling in
the early 1990s. Lou Gerstner took over in 1993 and completely changed the
culture and in the process reinvigorated Big Blue. He then wisely passed the
baton to Sam Palmisano, who himself will hand the top job to longtime IBM
veteran Virginia Rometty on Jan. 1. Seamless transitions. Something HP can only
dream about. Buffett recently became the largest IBM shareholder because he saw
a company that avoids the drama of business and simply makes money. By 2015, it
should earn $20 a share. In 2001, IBMs EPS was $4.35 with an average market
price of $104 for a P/E of 24 times. Its EPS in 2011 will be more than $13 for a
P/E of 14 times. Id say Buffett paid a fair price for a great company. Forget
the value play in HP and invest in the better company. As of this writing, Will
Ashworth did not own position in any of the stocks named here.
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