The dollar gained on the euro once again during Wednesdays trading session.
Gold and silver prices dropped lower due, in part, to the rising dollar. Gold
price trend-line has been pressured over the course of the last five trading
sessions and has closed in negative territory over each. Silver has struggled as
well and ended the most recent session at a mark lower than any observed since
the first month of this calendar year. Officially, gold contract for February
delivery finished the last session red by 2.0 percent at 1,564.10 per troy
ounce. Silver contract for February delivery finished the last session red by
5.3 percent at 27.23 per troy ounce. The Philadelphia Gold and Silver index
closed in the red by 6.32 percent. The world gold index closed out the last
session lower by 2.25 percent at 1557.80 per troy ounce. The advancement of the
dollar last session applied pressure to gold and silver and a basket of other
commodities. The dollar advanced higher by .9 percent versus a basket of other
foreign currencies. After last session close, spot gold price and spot silver
price trend-lines continued to move negatively. Spot gold Spot Silver prices:
After last session close and prior to todays session open, spot gold price per
gram and spot gold price per kilo trends were negative. Spot gold price per gram
was red by 1.19 at 50.06 and spot gold price per kilo was red by 1193.11 at
50061.61. Spot silver price per ounce was red by 1.71 at 26.99 and spot silver
price per kilo was red by 54.95 at 867.68. Camillo Zucari
Wednesday, December 28, 2011
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The Gold Price Fell After Breaking Support, New Support at $1,535 – $1,500
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DG365FD46564GFH654FU898 Gold Price Close Today : 1562.90 Change : (31.30) or -2.0% Silver Price Close Today : 2719.20 Change : 150.5 cents or -5.2% Gold Silver Ratio Today : 57.476 Change : 1.924 or 3.5% Silver Gold Ratio Today : 0.01740 Change : -0.000602 or -3.3% Platinum Price Close Today : 1384.00 Change : -53.10 or -3.7% Palladium Price Close Today : 632.45 Change : -31.05 or -4.7% S&P 500 : 1,249.64 Change : -15.79 or -1.2% Dow In GOLD$ : $160.72 Change : $ 1.36 or 0.9% Dow in GOLD oz : 7.775 Change : 0.066 or 0.9% Dow in SILVER oz : 446.87 Change : 18.56 or 4.3% Dow Industrial : 12,151.41 Change : -139.94 or -1.1% US Dollar Index : 80.50 Change : 0.702 or 0.9% The GOLD PRICE fell 2% ($31.30) on Comex to $1,562.90. If it had only stopped there, it wouldn’t have been so bad, but it lost another ten bucks in the aftermarket. Meanwhile the SILVER PRICE lost 5.2% (150.5c) to close at 2719.2c. Low came at 2689c. Low for gold at $1,549.66. No surprise here, since we all knew that if SILVER and GOLD broke support, they would fall a good piece. Silver must now reckon with 2615c and gold with $1,535 – $1,500, maybe even $1,475. The break today for the GOLD PRICE came around $1,582. For silver it was 2850c, whence it fell a dollar and a half. SILVER ‘s condition is more precarious. Below that 2615c shelf lies very little support to catch silver. Oh, there’s a little bit at 2500c, and another little bit at 2250c, but below that it’s 2000c or lower. Here’s a little straw in the wind. The premium on US 90% silver coin, a reliable indicator, has risen. Generally that means silver is nearing some bottom or getting ready to rise, since it implies that sellers are becoming much more reluctant to part with their silver. Silver’s RSI is also very low and oversold, but of course oversold can always get more oversold.. Big success story is the GOLD/SILVER RATIO , which reinforces for us the wisdom of trading the gold/silver swapping strategy. Our customers who this time last year swapped out of silver into gold, even though later events showed that we swapped too early, can now swap that gold back into silver and realize gains of more than 25% in silver ounces. You think they’re crying? Not much. Market played with our 57.50:1 ratio target today, but never really climbed above that. Comex closed at 57.476. Unless silver gives a dead cat bounce tomorrow, we ought to see our ratio target met at 57.5:1. If you do not have an open order with us, I can only say, “Please take a place in line.” We were swamped today, and I apologize for the delays, but if we had 200 people working here it wouldn’t suffice at times like these. Leave a message, be patient, we will get to you. Adding to the frenzy were people who have been waiting for silver and gold to hit these levels to BUY. I can’t argue with them, because I’ve been here so many times before. Surest way to lose is to keep holding out for just another dime lower. You never get it, because greed is never satisfied. Best to pick a number you can live with, and buy when the market hits that number, sucking in your gut and outraging your fears. Remember the proverb, “Bulls get rich, and bears get rich, but pigs get slaughtered.” FEAR took over the wheel again today. News reports claim that investors are worried about Italy’s sale of long term debt tomorrow. News reports do not say why they weren’t worried about it yesterday, when it was every bit as big a problem. If Diogenes thought he had a tough time finding an honest man 2,500 years ago, that couldn’t compare to the difficulty of finding a rational man today. Stocks bounced off the fatal 12,300 level by 139.94 points (1.14%) to close at 12,151.41. S&P500 ricocheted also, down 15.79 (1.25%) to 1,249.64, and “in negative territory for the year” as the current prating and prattling mantra expresses it. Fear is fatal to stocks, and fear won’t go away. The specter of Europe is haunting stocks. The new year will not exorcise the demon. US dollar index today rose 0.9%, 70.2 basis points, to the top of its recent range at 80.499. Once it cleared that 79.80 mark, it shot up like a bottle rocket. Fear will also drive the dollar higher, even though that’s like fleeing a lion and finding safety in a bear’s den. Euro dropped 0.98% today and hit a 15 month low at 1.2941. 1.2000 doesn’t look so far away now, does it? Japanese Yen climbed today as if it meant to gain ground, but at day’s end was lower than yesterday by 0.12% at 128.28c/Y100 (Y77.95-$1). Dollar is king in the land of scrofulous, scurvy, scruffy, and scary fiat currencies. 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.
Strength in Wireless and Bundling Boosts Verizon
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tdp2664 InvestorPlace Verizon (NYSE: VZ ) was incorporated in 1983 under the original name of Bell Atlantic when the government broke up the old AT&T (NYSE: T ). Through numerous mergers and acquisitions, its name changed to Verizon, which is now one of the largest telecommunications companies in the world. The new AT&T — put together by re-merging several old subsidiaries — now competes with its offspring in wireless and other services. The issue with many such telecoms in the U.S. is their wireline business, which is largely unnecessary for many consumers who choose to have only cell phones. This is resulting in a slow shrinkage of active wireline accounts. Verizon has decided to counter the trend by installing optical lines in many locations with the ability to carry fast Internet, TV and wireline service in the same package. The good thing is that domestic wireless accounted for approximately 60% of Verizon's revenues. With the popularity of smartphones and increased data usage, wireless revenues tend to show healthy growth. The mix of wireless and wireline conflicts has resulted in year-over-year overall revenue growth in the latest quarter of only 5.4%. This is perfectly fine for dividend investors because Verizon’s cash-generating ability allows for a 5.2% dividend yield, which currently shows a deceptive payout ratio of 94%. It would be alarming in most cases to see a long period of payouts over 100% because it would simply be unsustainable, but in this case it’s the cash-generating ability that matters, not the level of earnings. Telecom companies tend to have large depreciation charges that are noncash in nature, so their earnings can be much lower than the cash they generate — and the payout ratio may not be as relevant. Verizon produced $29.76 billion in operating cash flow in the past year — with $14.66 billion of it being levered free (this is important due to the large amount of bonds outstanding). Still, at the end of FY2010, it produced "only" $2.55 billion in net income, the bulk of which it paid out as dividends. Another way to think about this matter is that Verizon has a lot more cash than it reports as earnings, so the volatility of the net income line doesn’t affect the dividend nearly as much as it may look when just considering the payout ratio.
PEIX Explodes 22% Immediately After My Alert
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tdp2664 Penny Stock Live To watch in HD, first expand the video and then select 1080p in the settings just below the chart.
Apple Inc. (NASDAQ:AAPL) iPhone 5 Set For Fall Launch?
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tdp2664 E money daily It has been reported that Apple Inc. (NASDAQ:AAPL) will launch its new iPhone – the iPhone 5 – in the fall of 2012. Apple Inc. (NASDAQ:AAPL) iPhone 5 Set For Fall Launch? Citing different sources, various reports say that the US based smartphone maker giant Apple Inc. (NASDAQ:AAPL) is planning to launch its new iPhone in the fall of next year. Apple is planning to use a rubber or plastic material, similar to the material used in the company's bumper cases that will be built into the new iPhone case. However, Apple Inc. (NASDAQ:AAPL) has not officially confirmed the report yet. Apple Inc. (NASDAQ:AAPL) stocks are currently standing at 406.53. Price History Last Price: 406.53 52 Week Low / High: 310.5 / 426.7 50 Day Moving Average: 391.35 6 Month Price Change %: 21.3% 12 Month Price Change %: 25.2%
Light Up With Reynolds American’s High Dividend
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tdp2664 InvestorPlace Tobacco has long been a controversial industry, yet tobacco companies tend to be some of the steadiest performers in the stock market. Tobacco consumption is not cyclical, and the companies have managed to come up with a plan to maneuver around increased regulation and growing restrictions. Revenues, earnings and dividends are growing at a healthy pace across the industry, and Reynolds American (NYSE: RAI ) is one of the leaders. There's a peculiar phenomenon across the whole tobacco industry where volumes — particularly in the U.S. — tend to decline while operational performance does not. This is because tobacco companies tend to aggressively hike prices and fight for market share while looking to expand internationally. Reynolds runs a profitable business — 29.48% operating margins and 19.98% return on equity — that will be rewarding to shareholders for decades. The company has net debt of only $1.66 billion ($2.01 billion in cash with $3.67 billion in total debt), while it generates over $1.11 billion of operating cash flow per year. Reynolds increased the dividend by 8.2% during the first quarter and is committed to further cost-cuts and dividend hikes. The shares currently yield 5.4% based on the new payout. The five-year average dividend yield for Reynolds American is 6.2%, which puts the current dividend yield in line with the historical range. But five years ago, the 10-year Treasury note was yielding 4.8%, while in late summer of 2011 its yield fell to 1.7%. Shares of companies with high dividends tend to see increased investor interest in a falling interest rate environment, which is great for Reynolds. As the Federal Reserve (repeatedly) intervenes in the bond market to suppress yields of various types of bonds, dividend stocks could see even more investor interest due to the built-in ability to hike dividends if/when inflationary pressures rise. The stable cash-generating business is perfect for a high dividend payout of 91%. The number looks to be alarmingly high, but the company has hiked the quarterly dividend from 19.4 cents (adjusted for splits) to the current rate of 70 cents in the past 10 years. As profitability grows with a more rapid expansion in emerging markets and better management of the issues in developed markets, Reynolds may have the ability to keep increasing its dividend. The major players of the U.S. tobacco industry remain less of an "earnings growth" and more of a "free cash flow and dividends" story.
9 Software Stocks to Buy
Of the major stock indexes, Nasdaq (NASDAQ: .IXIC ) has done the worst so far
this year down just over 1%. Despite the uptick in holiday shopping and
gadget-giving, the technology sector is still reeling from disappointing
earnings forecasts from big players such as Oracle (NASDAQ: ORCL ), which
recently reported its first earnings miss in more than a decade . Fortunately
for investors, not all tech companies are created equal. I watch more than 5,000
publicly traded companies with my Portfolio Grader tool, ranking companies by a
number of fundamental and quantitative measures. And this week, I've spotted
nine software 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's
a "strong buy" or "buy." Cadence Design Systems (NASDAQ: CDNS ) is a
developer of software, hardware, silicon intellectual property and other tech
products. Since the start of 2011, CDNS stock has jumped nearly 24%, compared to
a gain of just 5% for the Dow. CDNS stock gets a "B" for sales growth, a
"B" for its ability to exceed the consensus earnings estimates on Wall
Street, an "A" for the magnitude in which earnings projections have
increased over the past month and a "B" for return on equity in my Portfolio
Grader tool. For more information, view my complete analysis of CDNS stock .
Check Point Software Technologies (NASDAQ: CHKP ) works with technologies that
secure communications and transactions over the Internet. CHKP stock is up 14%
year-to-date, compared to smaller gains by the broader markets. CHKP gets a
"B" for earnings growth, a "B" for the magnitude in which earnings
projections have increased over the past month, a "B" for cash flow and a
"B" for return on equity in my Portfolio Grader tool. For more information,
view my complete analysis of CHKP stock . Electronic Arts (NASDAQ: EA ) is well
known in the video game world for the variety of games it develops for several
platforms. EA stock is up 26% year-to-date. EA gets an "A" for earnings
momentum and a "B" for the magnitude in which earnings projections have
increased over the past month in my Portfolio Grader tool. For more information,
view my complete analysis of EA stocks . Fortinet (NASDAQ: FTNT ) is a developer
of network security appliances and network security solutions. FTNT stock is up
nearly 31% year-to-date, compared to much smaller gains by the broader markets.
FTNT gets an "A" for sales growth, a "B" for earnings growth, an "A"
for earnings momentum, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street, an "A" for the magnitude in which
earnings projections have increased over the past month and an "A" for
return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of FTNT stock . Intuit (NASDAQ: INTU ) provides business and
financial management solutions. A modest gain of almost 7% year-to-date places
INTU on this list. It gets a "B" for the magnitude in which earnings
projections have increased over the past month and an "A" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of INTU stock. Nuance Communications (NASDAQ: NUAN ) is an
international provider of voice and language solutions. Year-to-date, NUAN has
posted a gain of 38%. NUAN stock gets a "B" for sales growth and a "B"
for the magnitude in which earnings projections have increased over the past
month in my Portfolio Grader tool. For more information, view my complete
analysis of NUAN stock . SAP (NYSE: SAP ) is engaged in the sale of software
licenses. 2011 has been a solid year for SAP stock, boasting returns of 3%. SAP
stock gets a "B" for operating margin growth, an "A" for earnings
growth, an "A" for earnings momentum, a "B" for its ability to exceed
the consensus earnings estimates on Wall Street, a "B" for the magnitude in
which earnings projections have increased over the past month, a "B" for
cash flow and an "A" for return on equity in my Portfolio Grader tool. For
more information, view my complete analysis of SAP stock . Success Factors
(NYSE: SFSF ) provides cloud-computing-based software solutions to its
customers. SFSF stock has climbed 37% since the start of 2011. It gets an
"A" for sales growth, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street and an "A" for the magnitude in which
earnings projections have increased over the past month in my Portfolio Grader
tool. For more information, view my complete analysis of SFSF stock . TIBCO
Software (NASDAQ: TIBX ) is an independent provider of middleware and
infrastructure software. A year-to-date gain of 21% for TIBX has left
shareholders pleased in 2011. TIBX gets a "B" for sales growth, a "B"
for operating margin growth, a "B" for earnings growth, a "B" for
earnings momentum, a "B" for its ability to exceed the consensus earnings
estimates on Wall Street and a "B" for the magnitude in which earnings
projections have increased over the past month and a "B" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of TIBX stock . 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.
this year down just over 1%. Despite the uptick in holiday shopping and
gadget-giving, the technology sector is still reeling from disappointing
earnings forecasts from big players such as Oracle (NASDAQ: ORCL ), which
recently reported its first earnings miss in more than a decade . Fortunately
for investors, not all tech companies are created equal. I watch more than 5,000
publicly traded companies with my Portfolio Grader tool, ranking companies by a
number of fundamental and quantitative measures. And this week, I've spotted
nine software 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's
a "strong buy" or "buy." Cadence Design Systems (NASDAQ: CDNS ) is a
developer of software, hardware, silicon intellectual property and other tech
products. Since the start of 2011, CDNS stock has jumped nearly 24%, compared to
a gain of just 5% for the Dow. CDNS stock gets a "B" for sales growth, a
"B" for its ability to exceed the consensus earnings estimates on Wall
Street, an "A" for the magnitude in which earnings projections have
increased over the past month and a "B" for return on equity in my Portfolio
Grader tool. For more information, view my complete analysis of CDNS stock .
Check Point Software Technologies (NASDAQ: CHKP ) works with technologies that
secure communications and transactions over the Internet. CHKP stock is up 14%
year-to-date, compared to smaller gains by the broader markets. CHKP gets a
"B" for earnings growth, a "B" for the magnitude in which earnings
projections have increased over the past month, a "B" for cash flow and a
"B" for return on equity in my Portfolio Grader tool. For more information,
view my complete analysis of CHKP stock . Electronic Arts (NASDAQ: EA ) is well
known in the video game world for the variety of games it develops for several
platforms. EA stock is up 26% year-to-date. EA gets an "A" for earnings
momentum and a "B" for the magnitude in which earnings projections have
increased over the past month in my Portfolio Grader tool. For more information,
view my complete analysis of EA stocks . Fortinet (NASDAQ: FTNT ) is a developer
of network security appliances and network security solutions. FTNT stock is up
nearly 31% year-to-date, compared to much smaller gains by the broader markets.
FTNT gets an "A" for sales growth, a "B" for earnings growth, an "A"
for earnings momentum, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street, an "A" for the magnitude in which
earnings projections have increased over the past month and an "A" for
return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of FTNT stock . Intuit (NASDAQ: INTU ) provides business and
financial management solutions. A modest gain of almost 7% year-to-date places
INTU on this list. It gets a "B" for the magnitude in which earnings
projections have increased over the past month and an "A" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of INTU stock. Nuance Communications (NASDAQ: NUAN ) is an
international provider of voice and language solutions. Year-to-date, NUAN has
posted a gain of 38%. NUAN stock gets a "B" for sales growth and a "B"
for the magnitude in which earnings projections have increased over the past
month in my Portfolio Grader tool. For more information, view my complete
analysis of NUAN stock . SAP (NYSE: SAP ) is engaged in the sale of software
licenses. 2011 has been a solid year for SAP stock, boasting returns of 3%. SAP
stock gets a "B" for operating margin growth, an "A" for earnings
growth, an "A" for earnings momentum, a "B" for its ability to exceed
the consensus earnings estimates on Wall Street, a "B" for the magnitude in
which earnings projections have increased over the past month, a "B" for
cash flow and an "A" for return on equity in my Portfolio Grader tool. For
more information, view my complete analysis of SAP stock . Success Factors
(NYSE: SFSF ) provides cloud-computing-based software solutions to its
customers. SFSF stock has climbed 37% since the start of 2011. It gets an
"A" for sales growth, an "A" for its ability to exceed the consensus
earnings estimates on Wall Street and an "A" for the magnitude in which
earnings projections have increased over the past month in my Portfolio Grader
tool. For more information, view my complete analysis of SFSF stock . TIBCO
Software (NASDAQ: TIBX ) is an independent provider of middleware and
infrastructure software. A year-to-date gain of 21% for TIBX has left
shareholders pleased in 2011. TIBX gets a "B" for sales growth, a "B"
for operating margin growth, a "B" for earnings growth, a "B" for
earnings momentum, a "B" for its ability to exceed the consensus earnings
estimates on Wall Street and a "B" for the magnitude in which earnings
projections have increased over the past month and a "B" for return on
equity in my Portfolio Grader tool. For more information, view my complete
analysis of TIBX stock . 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.
3 Shorts Set to Crash Harder Than Sears
The colossal collapse of Sears Holdings (NASDAQ: SHLD ) this week in the wake
of news that Kmart and Sears will be closing more than 100 stores was harmful to
a lot of investors' portfolios. SHLD stock gave up more than 25% in one day as
a result, pushing down the year-to-date loss to an ugly 55% in 2011. So, Sears
was the worst investment ever this year, right? Wrong. Investors just had to
know how to be on the right side of SHLD shares when the bottom fell out and
how to profit. Consider that as of the first of December, a whopping 40% of the
"float" that is, the amount of Sears Holdings stock that actually is
available for trading on the public market was held by short-side traders. That
means more than a few folks made a tidy sum on the big move down Tuesday! This
kind of short-selling can be risky and is not for everyone. Read this "
Shorting Stocks 101 " article for complete details on the ins and outs of
these trades. But if you're comfortable with the risk and want to take action,
consider these three stocks with massive short interest that could go the way of
Sears very soon: Zagg Zagg Inc. (NASDAQ: ZAGG ) is an acronym for Zealous About
Great Gadgets. This company makes accessories for smartphones, laptops and the
like a seemingly bulletproof business, considering everyone and their brother
has one of those little sleeves for their iPhone. Except there are signs
momentum might be waning. Competition is fierce, and expensive charges related
to the acquisition of competitor iFrog weighed on earnings this summer, with
shares plummeting from $15 to just $7.50 currently. The current short interest
in ZAGG stock is a hefty 45% as of the beginning of December even more than
Sears saw before its crash. Granted, the August volatility had a lot to do with
declines. And yes, revenues continue to soar, percentage-wise. The company has
gone from $5 million in annual revenue for fiscal 2007 to about $150 million
projected for fiscal 2011 but let's be honest, that kind of mammoth growth
simply can't happen again. Not unless Zagg can crank out $4.5 billion in sales
by 2015! Momentum stocks like Green Mountain (NASDAQ: GMCR ) show what happens
when share prices outpace expectations. The bears are sharpening their claws on
Zagg right now. Barnes & Noble If you think Sears was the no-brainer short of
the century, here's another one Barnes & Noble (NYSE: BKS ). The company has
managed to outlast its defunct rival, Borders, and has projected a return to
profitability in a year or so thanks to revenue that actually has risen
substantially since 2009 lows. B&N might not be disappearing with these
improvements to its business, and a lack of another big bookstore competitor
(I'm talking brick-and-mortar, not Amazon (NASDAQ: AMZN ), of course). But in
the short term, short-selling is the order of the day. BKS stock had almost 50%
short interest as of Dec. 1. If you think Sears was a clear loser based on
broader business troubles and consumer weakness, Barnes & Noble might be a
logical short-side play for you too. Many other investors seem to think so,
judging by the short interest. Sodastream Sodastream (NASDAQ: SODA )
manufactures "home beverage carbonation systems" in plain English, they
allow you to pour a fountain drink without going to a restaurant. It's
delicious, cost-effective and fun to use Sodastream gear. But short-side traders
are tasting a bubble here. As of Dec. 1, SODA stock was seeing a full 60% of its
float held short. Why? Well, Sodastream has been public for less than a year and
remains right at its IPO price around $33 after a run-up to almost $80 in July
and a spectacular crash. There isn't a very long history of earnings and
revenue, so investors are uncertain of growth. And that old cautionary tale of
Green Mountain and its Keurig coffee machines or Crocs (NASDAQ: CROX ) footwear
crops up prompting the question of whether SODA is a fad stock that is ready to
hit a ceiling. The bears aren't always right, but the crowd is betting
strongly against upside moves in this pick right now. 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 .
Jeff Reeves holds a position in Alcoa, but no other publicly traded stocks.
of news that Kmart and Sears will be closing more than 100 stores was harmful to
a lot of investors' portfolios. SHLD stock gave up more than 25% in one day as
a result, pushing down the year-to-date loss to an ugly 55% in 2011. So, Sears
was the worst investment ever this year, right? Wrong. Investors just had to
know how to be on the right side of SHLD shares when the bottom fell out and
how to profit. Consider that as of the first of December, a whopping 40% of the
"float" that is, the amount of Sears Holdings stock that actually is
available for trading on the public market was held by short-side traders. That
means more than a few folks made a tidy sum on the big move down Tuesday! This
kind of short-selling can be risky and is not for everyone. Read this "
Shorting Stocks 101 " article for complete details on the ins and outs of
these trades. But if you're comfortable with the risk and want to take action,
consider these three stocks with massive short interest that could go the way of
Sears very soon: Zagg Zagg Inc. (NASDAQ: ZAGG ) is an acronym for Zealous About
Great Gadgets. This company makes accessories for smartphones, laptops and the
like a seemingly bulletproof business, considering everyone and their brother
has one of those little sleeves for their iPhone. Except there are signs
momentum might be waning. Competition is fierce, and expensive charges related
to the acquisition of competitor iFrog weighed on earnings this summer, with
shares plummeting from $15 to just $7.50 currently. The current short interest
in ZAGG stock is a hefty 45% as of the beginning of December even more than
Sears saw before its crash. Granted, the August volatility had a lot to do with
declines. And yes, revenues continue to soar, percentage-wise. The company has
gone from $5 million in annual revenue for fiscal 2007 to about $150 million
projected for fiscal 2011 but let's be honest, that kind of mammoth growth
simply can't happen again. Not unless Zagg can crank out $4.5 billion in sales
by 2015! Momentum stocks like Green Mountain (NASDAQ: GMCR ) show what happens
when share prices outpace expectations. The bears are sharpening their claws on
Zagg right now. Barnes & Noble If you think Sears was the no-brainer short of
the century, here's another one Barnes & Noble (NYSE: BKS ). The company has
managed to outlast its defunct rival, Borders, and has projected a return to
profitability in a year or so thanks to revenue that actually has risen
substantially since 2009 lows. B&N might not be disappearing with these
improvements to its business, and a lack of another big bookstore competitor
(I'm talking brick-and-mortar, not Amazon (NASDAQ: AMZN ), of course). But in
the short term, short-selling is the order of the day. BKS stock had almost 50%
short interest as of Dec. 1. If you think Sears was a clear loser based on
broader business troubles and consumer weakness, Barnes & Noble might be a
logical short-side play for you too. Many other investors seem to think so,
judging by the short interest. Sodastream Sodastream (NASDAQ: SODA )
manufactures "home beverage carbonation systems" in plain English, they
allow you to pour a fountain drink without going to a restaurant. It's
delicious, cost-effective and fun to use Sodastream gear. But short-side traders
are tasting a bubble here. As of Dec. 1, SODA stock was seeing a full 60% of its
float held short. Why? Well, Sodastream has been public for less than a year and
remains right at its IPO price around $33 after a run-up to almost $80 in July
and a spectacular crash. There isn't a very long history of earnings and
revenue, so investors are uncertain of growth. And that old cautionary tale of
Green Mountain and its Keurig coffee machines or Crocs (NASDAQ: CROX ) footwear
crops up prompting the question of whether SODA is a fad stock that is ready to
hit a ceiling. The bears aren't always right, but the crowd is betting
strongly against upside moves in this pick right now. 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 .
Jeff Reeves holds a position in Alcoa, but no other publicly traded stocks.
The Gold Price Fell After Breaking Support, New Support at $1,535 - $1,500
Gold Price Close Today : 1562.90 Change : (31.30) or -2.0% Silver Price Close
Today : 2719.20 Change : 150.5 cents or -5.2% Gold Silver Ratio Today : 57.476
Change : 1.924 or 3.5% Silver Gold Ratio Today : 0.01740 Change : -0.000602 or
-3.3% Platinum Price Close Today : 1384.00 Change : -53.10 or -3.7% Palladium
Price Close Today : 632.45 Change : -31.05 or -4.7% S&P 500 : 1,249.64 Change :
-15.79 or -1.2% Dow In GOLD$ : $160.72 Change : $ 1.36 or 0.9% Dow in GOLD oz :
7.775 Change : 0.066 or 0.9% Dow in SILVER oz : 446.87 Change : 18.56 or 4.3%
Dow Industrial : 12,151.41 Change : -139.94 or -1.1% US Dollar Index : 80.50
Change : 0.702 or 0.9% The GOLD PRICE fell 2% ($31.30) on Comex to $1,562.90. If
it had only stopped there, it wouldn't have been so bad, but it lost another ten
bucks in the aftermarket. Meanwhile the SILVER PRICE lost 5.2% (150.5c) to close
at 2719.2c. Low came at 2689c. Low for gold at $1,549.66. No surprise here,
since we all knew that if SILVER and GOLD broke support, they would fall a good
piece. Silver must now reckon with 2615c and gold with $1,535 - $1,500, maybe
even $1,475. The break today for the GOLD PRICE came around $1,582. For silver
it was 2850c, whence it fell a dollar and a half. SILVER 's condition is more
precarious. Below that 2615c shelf lies very little support to catch silver. Oh,
there's a little bit at 2500c, and another little bit at 2250c, but below that
it's 2000c or lower. Here's a little straw in the wind. The premium on US 90%
silver coin, a reliable indicator, has risen. Generally that means silver is
nearing some bottom or getting ready to rise, since it implies that sellers are
becoming much more reluctant to part with their silver. Silver's RSI is also
very low and oversold, but of course oversold can always get more oversold.. Big
success story is the GOLD/SILVER RATIO , which reinforces for us the wisdom of
trading the gold/silver swapping strategy. Our customers who this time last year
swapped out of silver into gold, even though later events showed that we swapped
too early, can now swap that gold back into silver and realize gains of more
than 25% in silver ounces. You think they're crying? Not much. Market played
with our 57.50:1 ratio target today, but never really climbed above that. Comex
closed at 57.476. Unless silver gives a dead cat bounce tomorrow, we ought to
see our ratio target met at 57.5:1. If you do not have an open order with us, I
can only say, "Please take a place in line." We were swamped today, and I
apologize for the delays, but if we had 200 people working here it wouldn't
suffice at times like these. Leave a message, be patient, we will get to you.
Adding to the frenzy were people who have been waiting for silver and gold to
hit these levels to BUY. I can't argue with them, because I've been here so many
times before. Surest way to lose is to keep holding out for just another dime
lower. You never get it, because greed is never satisfied. Best to pick a number
you can live with, and buy when the market hits that number, sucking in your gut
and outraging your fears. Remember the proverb, "Bulls get rich, and bears get
rich, but pigs get slaughtered." FEAR took over the wheel again today. News
reports claim that investors are worried about Italy's sale of long term debt
tomorrow. News reports do not say why they weren't worried about it yesterday,
when it was every bit as big a problem. If Diogenes thought he had a tough time
finding an honest man 2,500 years ago, that couldn't compare to the difficulty
of finding a rational man today. Stocks bounced off the fatal 12,300 level by
139.94 points (1.14%) to close at 12,151.41. S&P500 ricocheted also, down 15.79
(1.25%) to 1,249.64, and "in negative territory for the year" as the current
prating and prattling mantra expresses it. Fear is fatal to stocks, and fear
won't go away. The specter of Europe is haunting stocks. The new year will not
exorcise the demon. US dollar index today rose 0.9%, 70.2 basis points, to the
top of its recent range at 80.499. Once it cleared that 79.80 mark, it shot up
like a bottle rocket. Fear will also drive the dollar higher, even though that's
like fleeing a lion and finding safety in a bear's den. Euro dropped 0.98% today
and hit a 15 month low at 1.2941. 1.2000 doesn't look so far away now, does it?
Japanese Yen climbed today as if it meant to gain ground, but at day's end was
lower than yesterday by 0.12% at 128.28c/Y100 (Y77.95-$1). Dollar is king in the
land of scrofulous, scurvy, scruffy, and scary fiat currencies. 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$-denominated assets, primary
trend down; real estate bubble has burst, primary trend down. WARNING AND
DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade
futures contracts. I don't intend them for that or write them with that short
term trading outlook. I write them for long-term investors in physical metals.
Take them as entertainment, but not as a timing service for futures. NOR do I
recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT
physical metal and I fear one day one or another may go up in smoke. Unless you
can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary
of traps. NOR do I recommend trading futures options or other leveraged paper
gold and silver products. These are not for the inexperienced. NOR do I
recommend buying gold and silver on margin or with debt. What DO I recommend?
Physical gold and silver coins and bars in your own hands. One final warning:
NEVER insert a 747 Jumbo Jet up your nose.
Today : 2719.20 Change : 150.5 cents or -5.2% Gold Silver Ratio Today : 57.476
Change : 1.924 or 3.5% Silver Gold Ratio Today : 0.01740 Change : -0.000602 or
-3.3% Platinum Price Close Today : 1384.00 Change : -53.10 or -3.7% Palladium
Price Close Today : 632.45 Change : -31.05 or -4.7% S&P 500 : 1,249.64 Change :
-15.79 or -1.2% Dow In GOLD$ : $160.72 Change : $ 1.36 or 0.9% Dow in GOLD oz :
7.775 Change : 0.066 or 0.9% Dow in SILVER oz : 446.87 Change : 18.56 or 4.3%
Dow Industrial : 12,151.41 Change : -139.94 or -1.1% US Dollar Index : 80.50
Change : 0.702 or 0.9% The GOLD PRICE fell 2% ($31.30) on Comex to $1,562.90. If
it had only stopped there, it wouldn't have been so bad, but it lost another ten
bucks in the aftermarket. Meanwhile the SILVER PRICE lost 5.2% (150.5c) to close
at 2719.2c. Low came at 2689c. Low for gold at $1,549.66. No surprise here,
since we all knew that if SILVER and GOLD broke support, they would fall a good
piece. Silver must now reckon with 2615c and gold with $1,535 - $1,500, maybe
even $1,475. The break today for the GOLD PRICE came around $1,582. For silver
it was 2850c, whence it fell a dollar and a half. SILVER 's condition is more
precarious. Below that 2615c shelf lies very little support to catch silver. Oh,
there's a little bit at 2500c, and another little bit at 2250c, but below that
it's 2000c or lower. Here's a little straw in the wind. The premium on US 90%
silver coin, a reliable indicator, has risen. Generally that means silver is
nearing some bottom or getting ready to rise, since it implies that sellers are
becoming much more reluctant to part with their silver. Silver's RSI is also
very low and oversold, but of course oversold can always get more oversold.. Big
success story is the GOLD/SILVER RATIO , which reinforces for us the wisdom of
trading the gold/silver swapping strategy. Our customers who this time last year
swapped out of silver into gold, even though later events showed that we swapped
too early, can now swap that gold back into silver and realize gains of more
than 25% in silver ounces. You think they're crying? Not much. Market played
with our 57.50:1 ratio target today, but never really climbed above that. Comex
closed at 57.476. Unless silver gives a dead cat bounce tomorrow, we ought to
see our ratio target met at 57.5:1. If you do not have an open order with us, I
can only say, "Please take a place in line." We were swamped today, and I
apologize for the delays, but if we had 200 people working here it wouldn't
suffice at times like these. Leave a message, be patient, we will get to you.
Adding to the frenzy were people who have been waiting for silver and gold to
hit these levels to BUY. I can't argue with them, because I've been here so many
times before. Surest way to lose is to keep holding out for just another dime
lower. You never get it, because greed is never satisfied. Best to pick a number
you can live with, and buy when the market hits that number, sucking in your gut
and outraging your fears. Remember the proverb, "Bulls get rich, and bears get
rich, but pigs get slaughtered." FEAR took over the wheel again today. News
reports claim that investors are worried about Italy's sale of long term debt
tomorrow. News reports do not say why they weren't worried about it yesterday,
when it was every bit as big a problem. If Diogenes thought he had a tough time
finding an honest man 2,500 years ago, that couldn't compare to the difficulty
of finding a rational man today. Stocks bounced off the fatal 12,300 level by
139.94 points (1.14%) to close at 12,151.41. S&P500 ricocheted also, down 15.79
(1.25%) to 1,249.64, and "in negative territory for the year" as the current
prating and prattling mantra expresses it. Fear is fatal to stocks, and fear
won't go away. The specter of Europe is haunting stocks. The new year will not
exorcise the demon. US dollar index today rose 0.9%, 70.2 basis points, to the
top of its recent range at 80.499. Once it cleared that 79.80 mark, it shot up
like a bottle rocket. Fear will also drive the dollar higher, even though that's
like fleeing a lion and finding safety in a bear's den. Euro dropped 0.98% today
and hit a 15 month low at 1.2941. 1.2000 doesn't look so far away now, does it?
Japanese Yen climbed today as if it meant to gain ground, but at day's end was
lower than yesterday by 0.12% at 128.28c/Y100 (Y77.95-$1). Dollar is king in the
land of scrofulous, scurvy, scruffy, and scary fiat currencies. 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.
Top-Performing U.S.-Listed Chinese Stocks (Dec 28, 2011)
Below are the latest top-performing U.S.-listed Chinese stocks. Simcere
Pharmaceutical Group (ADR) (NYSE:SCR) is the best-performing U.S.-listed Chinese
stock on Dec. 28. It was up 11.6% on the day. SCRs upside potential is 12.8%
based on brokerage analysts average target price of $9.98. It is trading at
64.4% of its 52-week high of $13.75, and 24.3% above its 52-week low of $7.12.
Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is the second best-performing
U.S.-listed Chinese stock on Dec. 28. It was up 5.2% on the day. HOLIs upside
potential is 81.8% based on brokerage analysts average target price of $13.13.
It is trading at 39.8% of its 52-week high of $18.15, and 59.0% above its
52-week low of $4.54. ReneSola Ltd. (ADR) (NYSE:SOL) is the third
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 3.3% on the day.
SOLs upside potential is 84.6% based on brokerage analysts average target price
of $2.86. It is trading at 11.7% of its 52-week high of $13.25, and 6.9% above
its 52-week low of $1.45. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 3.2% on the day.
QIHUs upside potential is 99.2% based on brokerage analysts average target price
of $34.07. It is trading at 47.2% of its 52-week high of $36.21, and 19.6% above
its 52-week low of $14.30. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the fifth
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 2.2% on the day.
ISSs upside potential is 115.0% based on brokerage analysts average target price
of $17.20. It is trading at 35.4% of its 52-week high of $22.63, and 41.3% above
its 52-week low of $5.66. Mindray Medical International Ltd (ADR) (NYSE:MR) is
the sixth best-performing U.S.-listed Chinese stock on Dec. 28. It was up 1.7%
on the day. MRs upside potential is 20.1% based on brokerage analysts average
target price of $31.13. It is trading at 83.0% of its 52-week high of $31.21,
and 21.9% above its 52-week low of $21.25. Country Syl Ckng Restaurant Chain Co
Ltd (NYSE:CCSC) is the seventh best-performing U.S.-listed Chinese stock on Dec.
28. It was up 1.3% on the day. CCSCs upside potential is 64.1% based on
brokerage analysts average target price of $12.12. It is trading at 28.9% of its
52-week high of $25.54, and 12.0% above its 52-week low of $6.60. PetroChina
Company Limited (ADR) (NYSE:PTR) is the eighth best-performing U.S.-listed
Chinese stock on Dec. 28. It was up 1.2% on the day. PTRs upside potential is
22.7% based on brokerage analysts average target price of $150.67. It is trading
at 77.3% of its 52-week high of $158.83, and 10.4% above its 52-week low of
$111.29. China Kanghui Holdings (ADR) (NYSE:KH) is the ninth best-performing
U.S.-listed Chinese stock on Dec. 28. It was up 1.0% on the day. KHs upside
potential is 66.9% based on brokerage analysts average target price of $24.75.
It is trading at 56.0% of its 52-week high of $26.50, and 14.8% above its
52-week low of $12.92. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the 10th
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.8% on the day.
ASIAs upside potential is 125.0% based on brokerage analysts average target
price of $17.44. It is trading at 33.8% of its 52-week high of $22.91, and 24.8%
above its 52-week low of $6.21. CNinsure Inc. (ADR) (NASDAQ:CISG) is the 11th
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.5% on the day.
CISGs upside potential is 202.5% based on brokerage analysts average target
price of $20.36. It is trading at 32.2% of its 52-week high of $20.88, and 27.5%
above its 52-week low of $5.28. Giant Interactive Group Inc (ADR) (NYSE:GA) is
the 12th best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.2% on
the day. GAs upside potential is 74.0% based on brokerage analysts average
target price of $6.98. It is trading at 42.4% of its 52-week high of $9.45, and
32.8% above its 52-week low of $3.02. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the
13th best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.2% on the
day. BIDUs upside potential is 57.8% based on brokerage analysts average target
price of $183.86. It is trading at 70.2% of its 52-week high of $165.96, and
20.7% above its 52-week low of $96.53. Shanda Interactive Entertainment Ltd ADR
(NASDAQ:SNDA) is the 14th best-performing U.S.-listed Chinese stock on Dec. 28.
It was up 0.1% on the day. SNDAs upside potential is -1.0% based on brokerage
analysts average target price of $39.66. It is trading at 73.9% of its 52-week
high of $54.20, and 40.8% above its 52-week low of $28.44. Ambow Education
Holding Ltd (ADR) (NYSE:AMBO) is the 15th best-performing U.S.-listed Chinese
stock on Dec. 28. It was up 0.0% on the day. AMBOs upside potential is 13.8%
based on brokerage analysts average target price of $8.00. It is trading at
48.8% of its 52-week high of $14.40, and 54.2% above its 52-week low of $4.56.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 16th best-performing
U.S.-listed Chinese stock on Dec. 28. It was up 0.0% on the day. JASOs upside
potential is 138.2% based on brokerage analysts average target price of $3.14.
It is trading at 15.4% of its 52-week high of $8.57, and 9.1% above its 52-week
low of $1.21. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 17th
best-performing U.S.-listed Chinese stock on Dec. 28. It was down 0.1% on the
day. CTRPs upside potential is 92.2% based on brokerage analysts average target
price of $44.30. It is trading at 45.6% of its 52-week high of $50.57, and 3.2%
above its 52-week low of $22.33. TAL Education Group (ADR) (NYSE:XRS) is the
18th best-performing U.S.-listed Chinese stock on Dec. 28. It was down 0.1% on
the day. XRSs upside potential is 54.5% based on brokerage analysts average
target price of $15.43. It is trading at 61.5% of its 52-week high of $16.25,
and 18.8% above its 52-week low of $8.41. 7 DAYS GROUP HOLDINGS LIMITED(ADR)
(NYSE:SVN) is the 19th best-performing U.S.-listed Chinese stock on Dec. 28. It
was down 0.3% on the day. SVNs upside potential is 109.7% based on brokerage
analysts average target price of $24.03. It is trading at 47.8% of its 52-week
high of $24.00, and 5.0% above its 52-week low of $10.91. China Mobile Ltd.
(ADR) (NYSE:CHL) is the 20th best-performing U.S.-listed Chinese stock on Dec.
28. It was down 0.3% on the day. CHLs upside potential is 5.0% based on
brokerage analysts average target price of $49.97. It is trading at 91.6% of its
52-week high of $51.98, and 9.4% above its 52-week low of $43.51.
Pharmaceutical Group (ADR) (NYSE:SCR) is the best-performing U.S.-listed Chinese
stock on Dec. 28. It was up 11.6% on the day. SCRs upside potential is 12.8%
based on brokerage analysts average target price of $9.98. It is trading at
64.4% of its 52-week high of $13.75, and 24.3% above its 52-week low of $7.12.
Hollysys Automation Technologies Ltd (NASDAQ:HOLI) is the second best-performing
U.S.-listed Chinese stock on Dec. 28. It was up 5.2% on the day. HOLIs upside
potential is 81.8% based on brokerage analysts average target price of $13.13.
It is trading at 39.8% of its 52-week high of $18.15, and 59.0% above its
52-week low of $4.54. ReneSola Ltd. (ADR) (NYSE:SOL) is the third
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 3.3% on the day.
SOLs upside potential is 84.6% based on brokerage analysts average target price
of $2.86. It is trading at 11.7% of its 52-week high of $13.25, and 6.9% above
its 52-week low of $1.45. Qihoo 360 Technology Co Ltd (NYSE:QIHU) is the fourth
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 3.2% on the day.
QIHUs upside potential is 99.2% based on brokerage analysts average target price
of $34.07. It is trading at 47.2% of its 52-week high of $36.21, and 19.6% above
its 52-week low of $14.30. iSoftStone Holdings Ltd (ADR) (NYSE:ISS) is the fifth
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 2.2% on the day.
ISSs upside potential is 115.0% based on brokerage analysts average target price
of $17.20. It is trading at 35.4% of its 52-week high of $22.63, and 41.3% above
its 52-week low of $5.66. Mindray Medical International Ltd (ADR) (NYSE:MR) is
the sixth best-performing U.S.-listed Chinese stock on Dec. 28. It was up 1.7%
on the day. MRs upside potential is 20.1% based on brokerage analysts average
target price of $31.13. It is trading at 83.0% of its 52-week high of $31.21,
and 21.9% above its 52-week low of $21.25. Country Syl Ckng Restaurant Chain Co
Ltd (NYSE:CCSC) is the seventh best-performing U.S.-listed Chinese stock on Dec.
28. It was up 1.3% on the day. CCSCs upside potential is 64.1% based on
brokerage analysts average target price of $12.12. It is trading at 28.9% of its
52-week high of $25.54, and 12.0% above its 52-week low of $6.60. PetroChina
Company Limited (ADR) (NYSE:PTR) is the eighth best-performing U.S.-listed
Chinese stock on Dec. 28. It was up 1.2% on the day. PTRs upside potential is
22.7% based on brokerage analysts average target price of $150.67. It is trading
at 77.3% of its 52-week high of $158.83, and 10.4% above its 52-week low of
$111.29. China Kanghui Holdings (ADR) (NYSE:KH) is the ninth best-performing
U.S.-listed Chinese stock on Dec. 28. It was up 1.0% on the day. KHs upside
potential is 66.9% based on brokerage analysts average target price of $24.75.
It is trading at 56.0% of its 52-week high of $26.50, and 14.8% above its
52-week low of $12.92. AsiaInfo-Linkage, Inc. (NASDAQ:ASIA) is the 10th
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.8% on the day.
ASIAs upside potential is 125.0% based on brokerage analysts average target
price of $17.44. It is trading at 33.8% of its 52-week high of $22.91, and 24.8%
above its 52-week low of $6.21. CNinsure Inc. (ADR) (NASDAQ:CISG) is the 11th
best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.5% on the day.
CISGs upside potential is 202.5% based on brokerage analysts average target
price of $20.36. It is trading at 32.2% of its 52-week high of $20.88, and 27.5%
above its 52-week low of $5.28. Giant Interactive Group Inc (ADR) (NYSE:GA) is
the 12th best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.2% on
the day. GAs upside potential is 74.0% based on brokerage analysts average
target price of $6.98. It is trading at 42.4% of its 52-week high of $9.45, and
32.8% above its 52-week low of $3.02. Baidu.com, Inc. (ADR) (NASDAQ:BIDU) is the
13th best-performing U.S.-listed Chinese stock on Dec. 28. It was up 0.2% on the
day. BIDUs upside potential is 57.8% based on brokerage analysts average target
price of $183.86. It is trading at 70.2% of its 52-week high of $165.96, and
20.7% above its 52-week low of $96.53. Shanda Interactive Entertainment Ltd ADR
(NASDAQ:SNDA) is the 14th best-performing U.S.-listed Chinese stock on Dec. 28.
It was up 0.1% on the day. SNDAs upside potential is -1.0% based on brokerage
analysts average target price of $39.66. It is trading at 73.9% of its 52-week
high of $54.20, and 40.8% above its 52-week low of $28.44. Ambow Education
Holding Ltd (ADR) (NYSE:AMBO) is the 15th best-performing U.S.-listed Chinese
stock on Dec. 28. It was up 0.0% on the day. AMBOs upside potential is 13.8%
based on brokerage analysts average target price of $8.00. It is trading at
48.8% of its 52-week high of $14.40, and 54.2% above its 52-week low of $4.56.
JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) is the 16th best-performing
U.S.-listed Chinese stock on Dec. 28. It was up 0.0% on the day. JASOs upside
potential is 138.2% based on brokerage analysts average target price of $3.14.
It is trading at 15.4% of its 52-week high of $8.57, and 9.1% above its 52-week
low of $1.21. Ctrip.com International, Ltd. (ADR) (NASDAQ:CTRP) is the 17th
best-performing U.S.-listed Chinese stock on Dec. 28. It was down 0.1% on the
day. CTRPs upside potential is 92.2% based on brokerage analysts average target
price of $44.30. It is trading at 45.6% of its 52-week high of $50.57, and 3.2%
above its 52-week low of $22.33. TAL Education Group (ADR) (NYSE:XRS) is the
18th best-performing U.S.-listed Chinese stock on Dec. 28. It was down 0.1% on
the day. XRSs upside potential is 54.5% based on brokerage analysts average
target price of $15.43. It is trading at 61.5% of its 52-week high of $16.25,
and 18.8% above its 52-week low of $8.41. 7 DAYS GROUP HOLDINGS LIMITED(ADR)
(NYSE:SVN) is the 19th best-performing U.S.-listed Chinese stock on Dec. 28. It
was down 0.3% on the day. SVNs upside potential is 109.7% based on brokerage
analysts average target price of $24.03. It is trading at 47.8% of its 52-week
high of $24.00, and 5.0% above its 52-week low of $10.91. China Mobile Ltd.
(ADR) (NYSE:CHL) is the 20th best-performing U.S.-listed Chinese stock on Dec.
28. It was down 0.3% on the day. CHLs upside potential is 5.0% based on
brokerage analysts average target price of $49.97. It is trading at 91.6% of its
52-week high of $51.98, and 9.4% above its 52-week low of $43.51.
Apple Inc. (NASDAQ:AAPL) iPhone 5 Set For Fall Launch?
It has been reported that Apple Inc. (NASDAQ:AAPL) will launch its new iPhone
the iPhone 5 in the fall of 2012. Apple Inc. (NASDAQ:AAPL) iPhone 5 Set For
Fall Launch? Citing different sources, various reports say that the US based
smartphone maker giant Apple Inc. (NASDAQ:AAPL) is planning to launch its new
iPhone in the fall of next year. Apple is planning to use a rubber or plastic
material, similar to the material used in the company's bumper cases that will
be built into the new iPhone case. However, Apple Inc. (NASDAQ:AAPL) has not
officially confirmed the report yet. Apple Inc. (NASDAQ:AAPL) stocks are
currently standing at 406.53. Price History Last Price: 406.53 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 391.35 6 Month Price Change %: 21.3%
12 Month Price Change %: 25.2%
the iPhone 5 in the fall of 2012. Apple Inc. (NASDAQ:AAPL) iPhone 5 Set For
Fall Launch? Citing different sources, various reports say that the US based
smartphone maker giant Apple Inc. (NASDAQ:AAPL) is planning to launch its new
iPhone in the fall of next year. Apple is planning to use a rubber or plastic
material, similar to the material used in the company's bumper cases that will
be built into the new iPhone case. However, Apple Inc. (NASDAQ:AAPL) has not
officially confirmed the report yet. Apple Inc. (NASDAQ:AAPL) stocks are
currently standing at 406.53. Price History Last Price: 406.53 52 Week Low /
High: 310.5 / 426.7 50 Day Moving Average: 391.35 6 Month Price Change %: 21.3%
12 Month Price Change %: 25.2%
Google Inc. (NASDAQ:GOOG) Flight Uproar Continues
Google Inc. (NASDAQ:GOOG) is still facing allegations about its flight search
service. Google Inc. (NASDAQ:GOOG) Flight Uproar Continues Competitors have said
that the search engine Google Inc. (NASDAQ:GOOG) is misusing its power in Web
search by placing its new flight search feature at the top of the search
results. If a user types "San Francisco to Los Angeles flights", the results
show a company powered chart of the cheapest flights. Google Inc. (NASDAQ:GOOG)
spokesman Sean Carlson said, "When people come to Google Inc. (NASDAQ:GOOG)
looking for travel information, our goal is to show them the most relevant
results as quickly as possible. The response to our new flights feature has been
overwhelmingly positive, and we're continuing to focus on developing and
delivering the best possible experience for our users". Google Inc.
(NASDAQ:GOOG) shares were at 640.25 at the end of the last days trading. Theres
been a 18.7% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.1 Zacks Rank:
8 out of 29 in the industry
service. Google Inc. (NASDAQ:GOOG) Flight Uproar Continues Competitors have said
that the search engine Google Inc. (NASDAQ:GOOG) is misusing its power in Web
search by placing its new flight search feature at the top of the search
results. If a user types "San Francisco to Los Angeles flights", the results
show a company powered chart of the cheapest flights. Google Inc. (NASDAQ:GOOG)
spokesman Sean Carlson said, "When people come to Google Inc. (NASDAQ:GOOG)
looking for travel information, our goal is to show them the most relevant
results as quickly as possible. The response to our new flights feature has been
overwhelmingly positive, and we're continuing to focus on developing and
delivering the best possible experience for our users". Google Inc.
(NASDAQ:GOOG) shares were at 640.25 at the end of the last days trading. Theres
been a 18.7% change in the stock price over the past 3 months. Google Inc.
(NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy Mean
recommendation: 1.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.1 Zacks Rank:
8 out of 29 in the industry
Gold’s Losing Streak Hits 5, Silver Reaches 11-Month Low
Gold and silver futures continued their recent bout of weakness on Wednesday
amidst broad-based liquidation on Wall Street. COMEX gold futures per the
February 2012 contract settled considerably lower, by $31.40, or 2.0%, at
$1,564.10 per ounce.
amidst broad-based liquidation on Wall Street. COMEX gold futures per the
February 2012 contract settled considerably lower, by $31.40, or 2.0%, at
$1,564.10 per ounce.
S&P Sinks Into the Red — Wednesday’s IP Market Recap
The low-volume movement of the final trading week of the year now has the S&P
500 in peril of finishing sideways or worse for 2011. Wednesday's trading
saw the index drop about 1% to end around 1,250 about seven points below its
year-end close 52 weeks ago. The pain was felt across several sectors. Tech
stocks Research In Motion (NASDAQ: RIMM ) and Sony (NYSE: SNE ) dropped about 4%
in a day that saw the Nasdaq lose almost 1.5%. Deutsche Bank (NYSE: DB , -3.83%)
and Bank of America (NYSE: BAC , -3.47%) were among some of the financial
sector's biggest losers. And casino stocks were roundly hit, with Wynn
(NASDAQ: WYNN ) losing 3.8%, Las Vegas Sands (NYSE: LVS ) dropping 3.61% and
Melco Crown (NASDAQ: MPEL ) shedding 3.31%. Lockheed Martin (NYSE: LMT ) shares
couldn't be roused today despite the announcement of a major government
contract. The defense contractor will run the U.S. Antarctic Program, which will
include implementing "a cost-effective, streamlined infrastructure for
managing work stations and medical facilities, research vessels, construction
projects and remote sites." The multiyear contract could be worth up to $2
billion. LMT shares yawned in response, dropping half a percent. Lockheed Martin
stock has been making a steady climb since bottoming below $67 in August and now
is trading around $80, much like it did for most of the first half of the year.
The stock has flirted with the $83 mark numerous times but has failed to finish
a breach. Three Up HomeAway (NASDAQ: AWAY ): Up 3.98% (88 cents) to $23. Diamond
Foods (NASDAQ: DMND ): Up 2.87% (82 cents) to $29.40. Macy's (NYSE: M ): Up
1.21% (39 cents) to $32.67. Three Down Zagg (NASDAQ: ZAGG ): Down 14.27% ($1.12)
to $6.73. ( Read more about Zagg here. ) Hecla Mining (NYSE: HL ): Down 6.85%
(37 cents) to $5.03. Freeport-McMoRan (NYSE: FCX ): Down 4.09% ($1.55) to
$36.31. 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 .
500 in peril of finishing sideways or worse for 2011. Wednesday's trading
saw the index drop about 1% to end around 1,250 about seven points below its
year-end close 52 weeks ago. The pain was felt across several sectors. Tech
stocks Research In Motion (NASDAQ: RIMM ) and Sony (NYSE: SNE ) dropped about 4%
in a day that saw the Nasdaq lose almost 1.5%. Deutsche Bank (NYSE: DB , -3.83%)
and Bank of America (NYSE: BAC , -3.47%) were among some of the financial
sector's biggest losers. And casino stocks were roundly hit, with Wynn
(NASDAQ: WYNN ) losing 3.8%, Las Vegas Sands (NYSE: LVS ) dropping 3.61% and
Melco Crown (NASDAQ: MPEL ) shedding 3.31%. Lockheed Martin (NYSE: LMT ) shares
couldn't be roused today despite the announcement of a major government
contract. The defense contractor will run the U.S. Antarctic Program, which will
include implementing "a cost-effective, streamlined infrastructure for
managing work stations and medical facilities, research vessels, construction
projects and remote sites." The multiyear contract could be worth up to $2
billion. LMT shares yawned in response, dropping half a percent. Lockheed Martin
stock has been making a steady climb since bottoming below $67 in August and now
is trading around $80, much like it did for most of the first half of the year.
The stock has flirted with the $83 mark numerous times but has failed to finish
a breach. Three Up HomeAway (NASDAQ: AWAY ): Up 3.98% (88 cents) to $23. Diamond
Foods (NASDAQ: DMND ): Up 2.87% (82 cents) to $29.40. Macy's (NYSE: M ): Up
1.21% (39 cents) to $32.67. Three Down Zagg (NASDAQ: ZAGG ): Down 14.27% ($1.12)
to $6.73. ( Read more about Zagg here. ) Hecla Mining (NYSE: HL ): Down 6.85%
(37 cents) to $5.03. Freeport-McMoRan (NYSE: FCX ): Down 4.09% ($1.55) to
$36.31. 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 Oversold U.S.-Listed Chinese Stocks (Dec 28, 2011)
Below are the latest oversold U.S.-listed Chinese stocks. Yingli Green Energy
Hold. Co. Ltd. (ADR) (NYSE:YGE) is the most oversold U.S.-listed Chinese stock
on Dec. 28. It was down 6.9% on the day. YGEs upside potential is 44.5% based on
brokerage analysts average target price of $5.29. It is trading at 26.9% of its
52-week high of $13.59, and 33.1% above its 52-week low of $2.75. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the second most oversold U.S.-listed
Chinese stock on Dec. 28. It was down 6.0% on the day. VITs upside potential is
105.9% based on brokerage analysts average target price of $18.24. It is trading
at 23.3% of its 52-week high of $37.99, and 43.1% above its 52-week low of
$6.19. Shanda Games Limited(ADR) (NASDAQ:GAME) is the third most oversold
U.S.-listed Chinese stock on Dec. 28. It was down 6.0% on the day. GAMEs upside
potential is 76.5% based on brokerage analysts average target price of $6.65. It
is trading at 49.0% of its 52-week high of $7.70, and 9.0% above its 52-week low
of $3.46. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the fourth most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 5.7% on the day.
DANGs upside potential is 129.1% based on brokerage analysts average target
price of $9.83. It is trading at 11.8% of its 52-week high of $36.40, and 4.4%
above its 52-week low of $4.11. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fifth
most oversold U.S.-listed Chinese stock on Dec. 28. It was down 5.2% on the day.
LDKs upside potential is -2.7% based on brokerage analysts average target price
of $4.48. It is trading at 30.7% of its 52-week high of $14.97, and 80.4% above
its 52-week low of $2.55. Trina Solar Limited (ADR) (NYSE:TSL) is the sixth most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 5.0% on the day. TSLs
upside potential is 95.3% based on brokerage analysts average target price of
$13.07. It is trading at 21.5% of its 52-week high of $31.08, and 26.7% above
its 52-week low of $5.28. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the
seventh most oversold U.S.-listed Chinese stock on Dec. 28. It was down 4.9% on
the day. PWRDs upside potential is 129.2% based on brokerage analysts average
target price of $24.00. It is trading at 36.0% of its 52-week high of $29.10,
and 16.3% above its 52-week low of $9.00. Focus Media Holding Limited (ADR)
(NASDAQ:FMCN) is the eighth most oversold U.S.-listed Chinese stock on Dec. 28.
It was down 4.6% on the day. FMCNs upside potential is 106.2% based on brokerage
analysts average target price of $40.23. It is trading at 51.9% of its 52-week
high of $37.58, and 122.0% above its 52-week low of $8.79. Renren Inc
(NYSE:RENN) is the ninth most oversold U.S.-listed Chinese stock on Dec. 28. It
was down 3.8% on the day. RENNs upside potential is 130.9% based on brokerage
analysts average target price of $7.62. It is trading at 13.7% of its 52-week
high of $24.00, and 2.8% above its 52-week low of $3.21. Home Inns & Hotels
Management Inc. (ADR) (NASDAQ:HMIN) is the 10th most oversold U.S.-listed
Chinese stock on Dec. 28. It was down 3.6% on the day. HMINs upside potential is
83.7% based on brokerage analysts average target price of $47.69. It is trading
at 57.9% of its 52-week high of $44.86, and 17.5% above its 52-week low of
$22.09. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 11th most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 3.3% on the day.
MPELs upside potential is 64.4% based on brokerage analysts average target price
of $15.37. It is trading at 57.9% of its 52-week high of $16.15, and 51.1% above
its 52-week low of $6.19. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 12th
most oversold U.S.-listed Chinese stock on Dec. 28. It was down 3.2% on the day.
NOAHs upside potential is 214.9% based on brokerage analysts average target
price of $19.96. It is trading at 31.7% of its 52-week high of $20.00, and 2.1%
above its 52-week low of $6.21. Sohu.com Inc. (NASDAQ:SOHU) is the 13th most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 3.0% on the day.
SOHUs upside potential is 60.0% based on brokerage analysts average target price
of $78.38. It is trading at 44.8% of its 52-week high of $109.37, and 7.9% above
its 52-week low of $45.40. SINA Corporation (USA) (NASDAQ:SINA) is the 14th most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.9% on the day.
SINAs upside potential is 98.5% based on brokerage analysts average target price
of $105.37. It is trading at 36.1% of its 52-week high of $147.12, and 13.3%
above its 52-week low of $46.86. Phoenix New Media Ltd ADR (NYSE:FENG) is the
15th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.6% on the
day. FENGs upside potential is 101.7% based on brokerage analysts average target
price of $10.67. It is trading at 35.1% of its 52-week high of $15.09, and 26.0%
above its 52-week low of $4.20. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the
16th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.2% on the
day. CYOUs upside potential is 93.8% based on brokerage analysts average target
price of $42.88. It is trading at 42.5% of its 52-week high of $52.00, and 6.8%
above its 52-week low of $20.71. Youku.com Inc (ADR) (NYSE:YOKU) is the 17th
most oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.1% on the day.
YOKUs upside potential is 82.4% based on brokerage analysts average target price
of $29.14. It is trading at 22.8% of its 52-week high of $69.95, and 16.1% above
its 52-week low of $13.76. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is
the 18th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 1.9% on
the day. EJs upside potential is 163.1% based on brokerage analysts average
target price of $10.97. It is trading at 25.7% of its 52-week high of $16.25,
and 1.5% above its 52-week low of $4.11. CNOOC Limited (ADR) (NYSE:CEO) is the
19th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 1.8% on the
day. CEOs upside potential is 28.2% based on brokerage analysts average target
price of $221.93. It is trading at 63.7% of its 52-week high of $271.94, and
22.5% above its 52-week low of $141.27. China Real Estate Information Corp
(NASDAQ:CRIC) is the 20th most oversold U.S.-listed Chinese stock on Dec. 28. It
was down 1.7% on the day. CRICs upside potential is 101.3% based on brokerage
analysts average target price of $8.05. It is trading at 40.4% of its 52-week
high of $9.89, and 8.7% above its 52-week low of $3.68.
Hold. Co. Ltd. (ADR) (NYSE:YGE) is the most oversold U.S.-listed Chinese stock
on Dec. 28. It was down 6.9% on the day. YGEs upside potential is 44.5% based on
brokerage analysts average target price of $5.29. It is trading at 26.9% of its
52-week high of $13.59, and 33.1% above its 52-week low of $2.75. VanceInfo
Technologies Inc.(ADR) (NYSE:VIT) is the second most oversold U.S.-listed
Chinese stock on Dec. 28. It was down 6.0% on the day. VITs upside potential is
105.9% based on brokerage analysts average target price of $18.24. It is trading
at 23.3% of its 52-week high of $37.99, and 43.1% above its 52-week low of
$6.19. Shanda Games Limited(ADR) (NASDAQ:GAME) is the third most oversold
U.S.-listed Chinese stock on Dec. 28. It was down 6.0% on the day. GAMEs upside
potential is 76.5% based on brokerage analysts average target price of $6.65. It
is trading at 49.0% of its 52-week high of $7.70, and 9.0% above its 52-week low
of $3.46. E Commerce China Dangdang Inc (ADR) (NYSE:DANG) is the fourth most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 5.7% on the day.
DANGs upside potential is 129.1% based on brokerage analysts average target
price of $9.83. It is trading at 11.8% of its 52-week high of $36.40, and 4.4%
above its 52-week low of $4.11. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is the fifth
most oversold U.S.-listed Chinese stock on Dec. 28. It was down 5.2% on the day.
LDKs upside potential is -2.7% based on brokerage analysts average target price
of $4.48. It is trading at 30.7% of its 52-week high of $14.97, and 80.4% above
its 52-week low of $2.55. Trina Solar Limited (ADR) (NYSE:TSL) is the sixth most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 5.0% on the day. TSLs
upside potential is 95.3% based on brokerage analysts average target price of
$13.07. It is trading at 21.5% of its 52-week high of $31.08, and 26.7% above
its 52-week low of $5.28. Perfect World Co., Ltd. (ADR) (NASDAQ:PWRD) is the
seventh most oversold U.S.-listed Chinese stock on Dec. 28. It was down 4.9% on
the day. PWRDs upside potential is 129.2% based on brokerage analysts average
target price of $24.00. It is trading at 36.0% of its 52-week high of $29.10,
and 16.3% above its 52-week low of $9.00. Focus Media Holding Limited (ADR)
(NASDAQ:FMCN) is the eighth most oversold U.S.-listed Chinese stock on Dec. 28.
It was down 4.6% on the day. FMCNs upside potential is 106.2% based on brokerage
analysts average target price of $40.23. It is trading at 51.9% of its 52-week
high of $37.58, and 122.0% above its 52-week low of $8.79. Renren Inc
(NYSE:RENN) is the ninth most oversold U.S.-listed Chinese stock on Dec. 28. It
was down 3.8% on the day. RENNs upside potential is 130.9% based on brokerage
analysts average target price of $7.62. It is trading at 13.7% of its 52-week
high of $24.00, and 2.8% above its 52-week low of $3.21. Home Inns & Hotels
Management Inc. (ADR) (NASDAQ:HMIN) is the 10th most oversold U.S.-listed
Chinese stock on Dec. 28. It was down 3.6% on the day. HMINs upside potential is
83.7% based on brokerage analysts average target price of $47.69. It is trading
at 57.9% of its 52-week high of $44.86, and 17.5% above its 52-week low of
$22.09. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) is the 11th most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 3.3% on the day.
MPELs upside potential is 64.4% based on brokerage analysts average target price
of $15.37. It is trading at 57.9% of its 52-week high of $16.15, and 51.1% above
its 52-week low of $6.19. Noah Holdings Limited (ADR) (NYSE:NOAH) is the 12th
most oversold U.S.-listed Chinese stock on Dec. 28. It was down 3.2% on the day.
NOAHs upside potential is 214.9% based on brokerage analysts average target
price of $19.96. It is trading at 31.7% of its 52-week high of $20.00, and 2.1%
above its 52-week low of $6.21. Sohu.com Inc. (NASDAQ:SOHU) is the 13th most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 3.0% on the day.
SOHUs upside potential is 60.0% based on brokerage analysts average target price
of $78.38. It is trading at 44.8% of its 52-week high of $109.37, and 7.9% above
its 52-week low of $45.40. SINA Corporation (USA) (NASDAQ:SINA) is the 14th most
oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.9% on the day.
SINAs upside potential is 98.5% based on brokerage analysts average target price
of $105.37. It is trading at 36.1% of its 52-week high of $147.12, and 13.3%
above its 52-week low of $46.86. Phoenix New Media Ltd ADR (NYSE:FENG) is the
15th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.6% on the
day. FENGs upside potential is 101.7% based on brokerage analysts average target
price of $10.67. It is trading at 35.1% of its 52-week high of $15.09, and 26.0%
above its 52-week low of $4.20. Changyou.com Limited(ADR) (NASDAQ:CYOU) is the
16th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.2% on the
day. CYOUs upside potential is 93.8% based on brokerage analysts average target
price of $42.88. It is trading at 42.5% of its 52-week high of $52.00, and 6.8%
above its 52-week low of $20.71. Youku.com Inc (ADR) (NYSE:YOKU) is the 17th
most oversold U.S.-listed Chinese stock on Dec. 28. It was down 2.1% on the day.
YOKUs upside potential is 82.4% based on brokerage analysts average target price
of $29.14. It is trading at 22.8% of its 52-week high of $69.95, and 16.1% above
its 52-week low of $13.76. E-House (China) Holdings Limited (ADR) (NYSE:EJ) is
the 18th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 1.9% on
the day. EJs upside potential is 163.1% based on brokerage analysts average
target price of $10.97. It is trading at 25.7% of its 52-week high of $16.25,
and 1.5% above its 52-week low of $4.11. CNOOC Limited (ADR) (NYSE:CEO) is the
19th most oversold U.S.-listed Chinese stock on Dec. 28. It was down 1.8% on the
day. CEOs upside potential is 28.2% based on brokerage analysts average target
price of $221.93. It is trading at 63.7% of its 52-week high of $271.94, and
22.5% above its 52-week low of $141.27. China Real Estate Information Corp
(NASDAQ:CRIC) is the 20th most oversold U.S.-listed Chinese stock on Dec. 28. It
was down 1.7% on the day. CRICs upside potential is 101.3% based on brokerage
analysts average target price of $8.05. It is trading at 40.4% of its 52-week
high of $9.89, and 8.7% above its 52-week low of $3.68.
3 Sectors Aided by Holiday Cheer
The holidays are one of my favorite times of the year. First, they give me an
opportunity to spend quality time with my family and friends.Second, the
holidays typically bring a rejuvenating excitement to the stock market.
Investors typically perk up during this time for a number of reasons. The most
basic is the fact that holiday cheer is contagious. From Thanksgiving on, the
warmth of the season spreads and increases. Whether you celebrate Christmas,
Hanukkah, Kwanzaa or any other holiday taking place this time of year, its
difficult not to be in good spirits. The holidays also mark a spike in consumer
spending , and retailers pull out all the stops with promotions, specials and
sales to make sure they pull in as much money as consumers are willing to spend
and then some. So, its not a surprise that sectors like the retail industry
receive a nice boost during the holidays. Also, working in the markets favor
this time of the year is investors desire to end the year with a bang. Now is
the time when many are rearranging their portfolio and hatching plans that will
allow investors to finish off the year with big returns. Smart investors are
stocking up on stocks at bargain prices. Others are planning trades that will
help with tax breaks. The bottom line is that the holiday season is a
significant part of the year-end surge. Investor activity continues to expand
daily and will continue to do so through the end of the year. Even with the poor
mix of global news and economic concerns weighing down the markets, the markets
have made big moves since Black Friday the official start of the holiday
shopping season. On that day, the Dow closed at 11,231.78. Even after todays
sharp drop, its managing to hover around 12,160 mark, which is about 928 points
better in a little less than month. Considering that the many negative headlines
combating the holiday spike, I consider this a solid jump for the holiday
season. And I expect the positive trend to become more consistent as year-end
excitement grows. Many sectors across the market improve during the holiday
season. Some more than others. Heres a look at three sectors really impacted and
the latest details about a couple of big-name stocks in each.
opportunity to spend quality time with my family and friends.Second, the
holidays typically bring a rejuvenating excitement to the stock market.
Investors typically perk up during this time for a number of reasons. The most
basic is the fact that holiday cheer is contagious. From Thanksgiving on, the
warmth of the season spreads and increases. Whether you celebrate Christmas,
Hanukkah, Kwanzaa or any other holiday taking place this time of year, its
difficult not to be in good spirits. The holidays also mark a spike in consumer
spending , and retailers pull out all the stops with promotions, specials and
sales to make sure they pull in as much money as consumers are willing to spend
and then some. So, its not a surprise that sectors like the retail industry
receive a nice boost during the holidays. Also, working in the markets favor
this time of the year is investors desire to end the year with a bang. Now is
the time when many are rearranging their portfolio and hatching plans that will
allow investors to finish off the year with big returns. Smart investors are
stocking up on stocks at bargain prices. Others are planning trades that will
help with tax breaks. The bottom line is that the holiday season is a
significant part of the year-end surge. Investor activity continues to expand
daily and will continue to do so through the end of the year. Even with the poor
mix of global news and economic concerns weighing down the markets, the markets
have made big moves since Black Friday the official start of the holiday
shopping season. On that day, the Dow closed at 11,231.78. Even after todays
sharp drop, its managing to hover around 12,160 mark, which is about 928 points
better in a little less than month. Considering that the many negative headlines
combating the holiday spike, I consider this a solid jump for the holiday
season. And I expect the positive trend to become more consistent as year-end
excitement grows. Many sectors across the market improve during the holiday
season. Some more than others. Heres a look at three sectors really impacted and
the latest details about a couple of big-name stocks in each.
Gold Stocks Tumble, GDX Hits 16-Month Low – Time to Buy?
GOLD STOCKS NEWS – Gold stocks tumbled Wednesday as the Market Vectors Gold
Miners ETF (GDX) fell as much as $1.84, or 3.5%, to $50.03 per share in early
afternoon trading.
Miners ETF (GDX) fell as much as $1.84, or 3.5%, to $50.03 per share in early
afternoon trading.
December 28 Mid-Day Gold Mining Updates: RIC, MDW, GOLD, GRZ, RGLD, NXG, DROOY, FNV
December 28 Mid-Day Gold Mining Updates: RIC, MDW, GOLD, GRZ, RGLD, NXG, DROOY,
FNV Emerald Scope - 56 minutes ago Richmont Mines Inc. (USA)(Public,
NYSEAMEX:RIC). Last Market Price: $10.24, Change -0.17, % Change (-1.63%).
Shares trade in the range of $10.02 – $10.47 dollars. It has a market
capitalization of ...
FNV Emerald Scope - 56 minutes ago Richmont Mines Inc. (USA)(Public,
NYSEAMEX:RIC). Last Market Price: $10.24, Change -0.17, % Change (-1.63%).
Shares trade in the range of $10.02 – $10.47 dollars. It has a market
capitalization of ...
Top 10 U.S.-Listed Chinese Stocks with Most Analyst Upgrades: STP, CYOU, SINA, TSL, YGE, CEO, DQ, SNDA, BIDU, NTES (Dec 28, 2011)
Below are the top 10 U.S.-listed Chinese stocks with most analyst upgrades in
the past four weeks. Sentiment on these stocks is turning more positive. Suntech
Power Holdings Co., Ltd. (ADR) (NYSE:STP) has the 1st most analyst upgrades in
the past four weeks. It was upgraded by 3 brokerage analyst(s) in this period.
The stock is rated positively by 6 of the 42 analysts covering it. Changyou.com
Limited(ADR) (NASDAQ:CYOU) has the 2nd most analyst upgrades in the past four
weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is
rated positively by 18 of the 21 analysts covering it. SINA Corporation (USA)
(NASDAQ:SINA) has the 3rd most analyst upgrades in the past four weeks. It was
upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively
by 16 of the 29 analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) has
the 4th most analyst upgrades in the past four weeks. It was upgraded by 1
brokerage analyst(s) in this period. The stock is rated positively by 13 of the
37 analysts covering it. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has
the 5th most analyst upgrades in the past four weeks. It was upgraded by 1
brokerage analyst(s) in this period. The stock is rated positively by 8 of the
31 analysts covering it.
the past four weeks. Sentiment on these stocks is turning more positive. Suntech
Power Holdings Co., Ltd. (ADR) (NYSE:STP) has the 1st most analyst upgrades in
the past four weeks. It was upgraded by 3 brokerage analyst(s) in this period.
The stock is rated positively by 6 of the 42 analysts covering it. Changyou.com
Limited(ADR) (NASDAQ:CYOU) has the 2nd most analyst upgrades in the past four
weeks. It was upgraded by 1 brokerage analyst(s) in this period. The stock is
rated positively by 18 of the 21 analysts covering it. SINA Corporation (USA)
(NASDAQ:SINA) has the 3rd most analyst upgrades in the past four weeks. It was
upgraded by 1 brokerage analyst(s) in this period. The stock is rated positively
by 16 of the 29 analysts covering it. Trina Solar Limited (ADR) (NYSE:TSL) has
the 4th most analyst upgrades in the past four weeks. It was upgraded by 1
brokerage analyst(s) in this period. The stock is rated positively by 13 of the
37 analysts covering it. Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE) has
the 5th most analyst upgrades in the past four weeks. It was upgraded by 1
brokerage analyst(s) in this period. The stock is rated positively by 8 of the
31 analysts covering it.
Google Inc. (NASDAQ:GOOG) Social Network Set To Explode
It has been reported that Google Inc. (NASDAQ:GOOG)'s social networking site
will have 400 million users by the end of 2012. Google Inc. (NASDAQ:GOOG) Social
Network Set To Explode The analyst Paul B. Allen has reported that 625,000 users
are signing up to Google Inc. (NASDAQ:GOOG)'s social networking site Google+
per day, which shows that it will have 400 million users by the end of next
year. Google+ has been gaining popularity day by day after its public launch in
September. The company reported in October that it has 40 million users
worldwide. The company was not ready, however, to provide any details about the
report. Google Inc. (NASDAQ:GOOG) shares were at 640.25 at the end of the last
days trading. Theres been a 18.7% change in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.1 Zacks
Rank: 8 out of 29 in the industry
will have 400 million users by the end of 2012. Google Inc. (NASDAQ:GOOG) Social
Network Set To Explode The analyst Paul B. Allen has reported that 625,000 users
are signing up to Google Inc. (NASDAQ:GOOG)'s social networking site Google+
per day, which shows that it will have 400 million users by the end of next
year. Google+ has been gaining popularity day by day after its public launch in
September. The company reported in October that it has 40 million users
worldwide. The company was not ready, however, to provide any details about the
report. Google Inc. (NASDAQ:GOOG) shares were at 640.25 at the end of the last
days trading. Theres been a 18.7% change in the stock price over the past 3
months. Google Inc. (NASDAQ:GOOG) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.17 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.1 Zacks
Rank: 8 out of 29 in the industry
Shares of Royal Gold Under Pressure, Down 4.1%
Shares of Royal Gold Under Pressure, Down 4.1% Financial News Network Online -
1 hour ago Royal Gold (NASDAQ:RGLD) is one of todays biggest movers, down 4.1%
to $65.89. The Dow Jones Industrial Average is now trading 1.1% lower to 12,170
and the S&P is trading 1.1% lower to 1,252 ...
1 hour ago Royal Gold (NASDAQ:RGLD) is one of todays biggest movers, down 4.1%
to $65.89. The Dow Jones Industrial Average is now trading 1.1% lower to 12,170
and the S&P is trading 1.1% lower to 1,252 ...
Crocodile Gold Provides Update on Luxor Capital Bid
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DG365FD46564GFH654FU898 Crocodile Gold (CRK.TSX) reported that Armant, LLC, an affiliate of investment funds managed by Luxor Capital Group, LP, has filed its take-over bid circular and formally begun the previously announced unsolicited offer to acquire up to 215,386,435 common shares of CRK.TSX.
Is Sears the Next Berkshire Hathaway?
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tdp2664 InvestorPlace A well-respected value investor buys an old American company in decline, promising to restore its fortunes. Alas, the recovery never comes. The industry’s economics have changed, and the company can’t compete with younger, nimbler rivals. It ceases operations, but the value investor holds on to the shell to use as an investment vehicle. Could this be the future of Sears Holdings (NASDAQ: SHLD ) under Eddie Lampert? Maybe; maybe not. But it was certainly the case for Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ). Unless you're a history buff or a dedicated Buffett disciple, you might not have known that Berkshire Hathaway wasn’t always an insurance and investment conglomerate. It was a textile mill, and not a particularly profitable one. It was, however, a cash cow. And after buying the company in 1964, Buffett used the cash that the declining textile business threw off to make many of the investments he’s now famous for, starting with insurance company Geico. So, when hedge fund superstar Lampert first brought Kmart out of bankruptcy in 2003, the parallels were obvious. With its debts discharged, the retailer would throw off plenty of cash to fund Lampert's future investments. And even if the retail business continued to struggle, Lampert could — and did — sell off some of the company's prime real estate to retailers in a better position to use it. Lampert sold 18 stores to Home Depot (NYSE: HD ) for a combined $271 million in the first year. That Lampert would use Kmart's pristine balance sheet to purchase Sears, Roebuck & Co. — itself a struggling retailer — seemed somewhat odd, but his management decisions after the merger seemed to confirm that his strategy was cash-cow milking. Lampert continued to talk up the combined retailer's prospects, of course. But his emphasis was on relentless cost-cutting, and he invested only the absolute bare minimum to keep the doors open. Sears Holdings didn't have to compete with the likes of Home Depot or Wal-Mart (NYSE: WMT ). It just had to stay in business long enough for Lampert to wring out every dollar before selling off its assets. The strategy might have played out just fine were it not for the bursting of the housing bubble, which killed demand for Sears’ popular Kenmore appliances and Craftsman tools, and the onset of the worst recession in decades. With retail sales in the toilet (and looking to stay there awhile), competing retailers were hardly clamoring for the company's real estate assets. It's fair to blame Lampert for making what was, in effect, a major real estate investment near the peak of the biggest real estate bubble in American history. But investors frustrated by watching the share price fall by more than 80% from its 2007 highs have no one to blame but themselves. Anyone who bought Sears when it traded for nearly $200 per share clearly didn't do their homework. They instead were hoping to ride Lampert's coattails while somehow ignoring the value investor's core principle of maintaining safety by not overpaying for assets.
7 Biotech and Health Care Stocks to Buy
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tdp2664 InvestorPlace There’s more to health care than just cold and flu season. Making up the pharmaceutical industry are biotechnology companies that do research and development on medicines for serious illnesses, manufacture ways to treat various diseases and are involved in everything from neurology to hematology. Adding a little health care to your portfolio is a must because the baby boomer generation will be relying on it in historical quantities in the coming years — the health care industry is expected to grow by an average of 5.8% per year through 2020 . I watch more than 5,000 publicly traded companies with my Portfolio Grader tool, ranking companies by a number of fundamental and quantitative measures. And this week, I’ve got seven biotech and health care 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." Alexion Pharmaceuticals (NASDAQ: ALXN ) is involved with hematology, nephrology, neurology, ophthalmology and cancer treatments. Since the start of 2011, ALXN stock is up 78%, compared to a gain of just 6% for the Dow Jones. ALXN stock gets an "A" for sales growth, an "A" for earnings growth, an "A" for earnings momentum, an "A" for its ability to exceed the consensus earnings estimates on Wall Street, an "A" for the magnitude in which earnings projections have increased during the past month and a "B" for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of ALXN stock . Amgen (NASDAQ: AMGN ) discovers, develops, manufactures and markets medicines for serious illnesses. AMGN stock has gained 17% year-to-date. AMGN stock gets a "B" for its ability to exceed the consensus earnings estimates on Wall Street, a "B" for the magnitude in which earnings projections have increased during the past month, a "B" for cash flow and a "B" for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of AMGN stock . Biogen Idec (NASDAQ: BIIB ) develops treatments for neurological disorders and other serious diseases. Since the start of 2011, BIIB stock has jumped 66%. BIIB stock gets a "B" for earnings growth, a "B" for earnings momentum, a "B" for cash flow and an "A" for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of BIIB stock . Celgene (NASDAQ: CELG ) is a globally integrated biopharmaceutical company. In the past 12 months, CELG stock has outpaced the broader markets with a gain of 15%. CELG stock gets an "A" for sales growth, an "A" for earnings momentum, a "B" for earnings growth, an "A" for the magnitude in which earnings projections have increased during the past month, a "B" for cash flow and an "A" for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of CELG stock . Gilead Sciences (NASDAQ: GILD ) is another biopharmaceutical company worth mentioning, with its 10% return year-to-date. GILD gets a "B" for earnings momentum, an "A" for cash flow and an "A" for return on equity in my Portfolio Grader tool. For more information, view my complete analysis of GILD stock . Pharmasset Inc. (NASDAQ: VRUS ) is a clinical-stage pharmaceutical company and the big winner on this list. VRUS has posted an astronomical gain of almost 470% in 2011. VRUS gets a "B" for earnings momentum in my Portfolio Grader tool. For more information, view my complete analysis of VRUS stock . Regeneron Pharmaceuticals Inc. (NASDAQ: REGN ) is involved with the discovery, development and commercialization of pharmaceutical products for the treatment of serious medical conditions. REGN rounds out the list with a gain of 70% year-to-date. REGN gets an "A" for the magnitude in which earnings projections have increased during the past month in my Portfolio Grader tool. For more information, view my complete analysis of REGN stock . 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.
Gold Price Consolidates Below $1,600
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DG365FD46564GFH654FU898 GOLD PRICE NEWS – The gold price traded at $1,591 per ounce Wednesday, near unchanged from yesterday's close.
Top 10 Electrical Stocks with Highest Short Interest: AMSC, FSIN, AONE, SATC, CPST, STRI, WCC, BGC, PWER, MXWL (Dec 28, 2011)
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tdp2664 China Analyst Below are the top 10 Electrical stocks with the highest short interest as a percentage of total shares outstanding. Stocks with very low market caps are excluded. Significant Short Covering can cause these stocks to rise sharply . One Chinese company (FSIN) is on the list. American Superconductor Corporation (NASDAQ:AMSC) has the 1st highest short interest in this segment of the market. Its short interest is 23.6% of its total shares outstanding. Its Days to Cover is 20.66, calculated as current short interest divided by average daily volume. Fushi Copperweld, Inc. (NASDAQ:FSIN) has the 2nd highest short interest in this segment of the market. Its short interest is 22.1% of its total shares outstanding. Its Days to Cover is 17.75, calculated as current short interest divided by average daily volume. A123 Systems, Inc. (NASDAQ:AONE) has the 3rd highest short interest in this segment of the market. Its short interest is 16.4% of its total shares outstanding. Its Days to Cover is 11.94, calculated as current short interest divided by average daily volume. SatCon Technology Corporation (NASDAQ:SATC) has the 4th highest short interest in this segment of the market. Its short interest is 15.8% of its total shares outstanding. Its Days to Cover is 25.39, calculated as current short interest divided by average daily volume. Capstone Turbine Corporation (NASDAQ:CPST) has the 5th highest short interest in this segment of the market. Its short interest is 15.4% of its total shares outstanding. Its Days to Cover is 15.75, calculated as current short interest divided by average daily volume. STR Holdings, Inc. (NYSE:STRI) has the 6th highest short interest in this segment of the market. Its short interest is 14.1% of its total shares outstanding. Its Days to Cover is 15.92, calculated as current short interest divided by average daily volume. WESCO International, Inc. (NYSE:WCC) has the 7th highest short interest in this segment of the market. Its short interest is 13.3% of its total shares outstanding. Its Days to Cover is 10.37, calculated as current short interest divided by average daily volume. General Cable Corporation (NYSE:BGC) has the 8th highest short interest in this segment of the market. Its short interest is 12.8% of its total shares outstanding. Its Days to Cover is 7.72, calculated as current short interest divided by average daily volume. Power-One, Inc. (NASDAQ:PWER) has the 9th highest short interest in this segment of the market. Its short interest is 12.3% of its total shares outstanding. Its Days to Cover is 7.28, calculated as current short interest divided by average daily volume. Maxwell Technologies Inc. (NASDAQ:MXWL) has the 10th highest short interest in this segment of the market. Its short interest is 11.9% of its total shares outstanding. Its Days to Cover is 15.59, calculated as current short interest divided by average daily volume.
Precious Metals Extend Slide as U.S. Dollar Rallies
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DG365FD46564GFH654FU898 Gold and silver futures turned sharply lower Wednesday morning as the U.S. dollar rallied against a basket of the world’s leading currencies. COMEX gold for February 2012 delivery dropped $23.20, or 1.5%, to $1,572.30 per ounce, while silver futures tumbled $1.27, or 4.4%, to $27.47 per ounce. Earlier this morning precious metals traded only fractionally in the red, but extended their losses as the U.S. Dollar Index (DXY) climbed 0.6% to 80.323.
Citigroup Inc. (NYSE:C) Wins Legal Case Pause
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tdp2664 E money daily The US Federal Court has placed a hold on an ongoing Citigroup Inc. (NYSE:C) fraud case with the SEC. Citigroup Inc. (NYSE:C) Wins Legal Case Pause The US Court of Appeals in Manhattan has placed a hold on the US Securities and Exchange Commission's case against Citigroup Inc. (NYSE:C) over allegations that the bank misled investors in a mortgage-bond deal. The SEC asked the Court to delay the suit until January 17. Earlier, the US District Judge Jed Rakoff had rejected the proposed $285 million settlement and asked Citigroup Inc. (NYSE:C) to respond to the ruling. The bank has to give its reply by January 3. Citigroup Inc. (NYSE:C) shares are currently standing at 26.9. Price History Last Price: 26.9 52 Week Low / High: 21.4 / 51.5 50 Day Moving Average: 28.24 6 Month Price Change %: -33.0% 12 Month Price Change %: -43.6%
How Private Equity Could Save Sears
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tdp2664 InvestorPlace Even before the onslaught of e-commerce players like Amazon (NASDAQ: AMZN ), the retail industry had been brutal. We've seen many giants vanish, such as WT Grant, Wannamakers and Montgomery Ward. They weren’t able to make the tough choices and evolve their businesses. Instead, other companies filled the void, such as Wal-Mart (NYSE: WMT ) and Home Depot (NYSE: HD ). Despite all this, an ailing retailer can pull off a successful turnaround. However, it often requires the discipline and focus of a strong owner, such as a private equity firm. Just look at Texas Pacific Group, Leonard Green & Partners and KKR (NYSE: KKR ). They were able to revive companies like J. Crew and Petco. So, can the same be the case for Sears Holdings (NASDAQ: SHLD )? With a market cap of only $3.45 billion, it wouldn’t be tough to get the financing for a going-private transaction. Based on its latest balance sheet, Sears has a net book value of $7.7 billion. Interestingly enough, this likely understates the true market value of Sears’ portfolio of assets. Consider the following: Sears Canada: Based on its listing on the Toronto Stock Exchange, the value is over $1.8 billion. Real estate: Sears owns 850 locations, 12 distributions centers and two office buildings. Because of the way real estate is accounted for — based on the original costs — the private market value is likely to be much higher. But even without making these adjustments, Sears still looks undervalued. This should alert hedge fund manager Edward Lampert, who owns 60% of the company's shares. As a devoted follower of value investing, would this be an ideal time for Lampert to buy the rest of Sears and take it private? To be even more cynical, might the latest announcement from the company, which calls for lower cash flows, be a clever way to drive its value down? Perhaps so. Now it's true that many of Sears' locations are in economically distressed areas . But then again, isn't this a benefit? Keep in mind that dollar-store operators, like Dollar General (NYSE: DG ) and Dollar Tree (NASDAQ: DLTR ), have done quite well in this market segment. So why not Sears? Maybe it can refocus its merchandise and change its store footprint? At the same time, Sears might have another catalyst: appliances. When the real estate market comes back — and consumers get more confidence — that business is likely to show improvement. It could actually represent a nice boost to cash flows. Yet to get things moving, Lampert needs to make some big changes. While he may be a savvy hedge fund manager, he really doesn’t have the skills of a roll-up-your-sleeves operator. Since investing in Sears in 2005, the comparable-store sales have declined each year. In other words, Lampert could use the help of a private equity firm that understands how to get value from a distressed asset. It's a unique skill, but it could be critical for a turnaround. Tom Taulli runs the InvestorPlace blog " IPOPlaybook ," a site dedicated to the hottest news and rumors about initial public offerings. He is also the author of "All About Short Selling" and "All About Commodities." Follow him on Twitter at @ttaulli . As of this writing, he did not own a position in any of the aforementioned stocks.
2011′s Best and Worst Picks From InvestorPlace’s Barry Cohen
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tdp2664 InvestorPlace When Santa asked me this year whether I was good, I had to admit "not all the time." That's because, in looking back at the stories I wrote in 2011, it's obvious I often was too optimistic in my coverage of health care companies. When reporting on news and developments, it's my responsibility to provide better balance to the comments from company executives who (not surprisingly) too often view their organizations' investment prospects through rose-colored glasses. So this writer is making a New Year's resolution to be a more scrutinizing Scrooge in 2012. Next year, I pledge to search for — and report — the opinions of those who might take a more critical view of company developments to achieve more evenhanded coverage and better serve our readers. Now that's not to say I didn't have some winners in 2011. I point with pride to my Aug. 10 piece about Celgene (NASDAQ: CELG ) titled "Is it Time to Join CEO and Jump on Celgene Shares?" One good reason cited was the purchase of 10,000 shares by Bob Hugin, CEO of the San Diego-based biotechnology company. His purchase price was $52.70. Based on Monday's closing price of $64.58, Hugin's four-month profit on his investment is a nifty $119,000, or nearly 23%. Over the same period, the iShares NASDAQ Biotechnology Index Fund (NASDAQ: IBB ) was up about only 17%. Other reasons for a possible run-up in Celgene shares included: The company's stock had been hit hard prior to the Aug. 10 article, declining 15% in the previous 30 days. Celgene had upped its guidance for 2011 and was selling at a relatively reasonable price-to-earnings ratio of 15. Sales of its best-selling cancer treatment Revlimid were up 35% in the second quarter, and the company had some promising drugs in its pipeline. That's the good. The bad and ugly were combined in my assessment of gene-sequencing company Illumina (NASDAQ: ILMN ). In the April 27 article "Illumina Leads Race for Gene-Sequencing Payday," I reported that one analyst likened the company to Apple (NASDAQ: AAPL ) for the ability to replace its products before they became stale. The absurdity of that statement is illustrated by the performance of the two companies' shares since that date. Apple is up 10%, while Illumina shareholders have seen the value of their investment tumble nearly 62%. Ouch! I suggested there were many reasons to like the company, including: The planned summer rollout of a compact, less costly personal sequencing system known as MiSeq. A 2010 sales gain of 45% and an increase in operating profit of more than 36%, along with a projected revenue increase of 20% in 2011. What we didn't foresee for Illumina was a third quarter that came in below market estimates and a $15 million to $17 million restructuring plan. It was implemented because of concerns about reduced research funding by government and academic institutions as well as a soft global economy. Guess that P/E of 80 at the time of the story should have been a red flag, too, huh? But I'm not disheartened. As a lifelong Chicago Cubs fan, there's always next year! Accountability at InvestorPlace.com From InvestorPlace Editor Jeff Reeves , whose own review of 2011′s hits and misses can be found here : “In the new year, I hope to continue some regular disclosures from all our InvestorPlace columnists as a way to show that we are giving recommendations in good faith and that we are not afraid to own up to our mistakes. If you have any comments to share with our writers or have ideas on how we can best achieve some form of transparency, please send your thoughts to me at editor@investorplace.com . We are a site run by investors, for investors, and we are in this together. It's very important to me that all readers can trust our commentary — so please don't hesitate to drop us a line.” As of this writing, Barry Cohen did not hold a position in any of the aforementioned securities.
Microsoft Corporation (NASDAQ:MSFT) To Launch New Multi-Touch System
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tdp2664 E money daily Microsoft Corporation (NASDAQ:MSFT) has plans to demo their new Surface multi-touch systems in mid-January. Microsoft Corporation (NASDAQ:MSFT) To Launch New Multi-Touch System Microsoft Corporation (NASDAQ:MSFT) has announced that it is going to showcase the Surface 2.0 multi-touch systems, known officially as the Samsung SUR40, at the National Retail Federation show in New York in mid-January. The Surface 2.0 multi-touch systems will be a key part of Microsoft Corporation (NASDAQ:MSFT)'s National Retail Federation (NRF) showcase. The SUR40 can be used as a table, a wall-mountable and/or a vertical/horizontal kiosk. It features a 40-inch HD 1080p screen and is four inches thick. The system runs an embedded version of 64-bit Microsoft Corporation (NASDAQ:MSFT) Windows 7 Professional. Microsoft Corp. (NASDAQ:MSFT) company shares are currently standing at 25.99. Price History Last Price: 25.99 52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.03 6 Month Price Change %: 0.9% 12 Month Price Change %: -7.2%
Top 10 Best-Performing Large Cap Stocks Year-to-Date: EP, ISRG, ALXN, MA, BIIB, VRX, HUM, CMG, ROST, MPEL (Dec 28, 2011)
Below are the top 10 best-performing Large Cap stocks year-to-date. One Chinese
company (MPEL) is on the list. El Paso Corporation (NYSE:EP) is the 1st
best-performing stock year-to-date in this segment of the market. It is up 91.6%
year-to-date, and it is up 93.6% for the last 52 weeks. Intuitive Surgical, Inc.
(NASDAQ:ISRG) is the 2nd best-performing stock year-to-date in this segment of
the market. It is up 79.8% year-to-date, and it is up 76.7% for the last 52
weeks. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 3rd best-performing
stock year-to-date in this segment of the market. It is up 77.7% year-to-date,
and it is up 76.3% for the last 52 weeks. MasterCard Incorporated (NYSE:MA) is
the 4th best-performing stock year-to-date in this segment of the market. It is
up 67.2% year-to-date, and it is up 66.8% for the last 52 weeks. Biogen Idec
Inc. (NASDAQ:BIIB) is the 5th best-performing stock year-to-date in this segment
of the market. It is up 66.0% year-to-date, and it is up 66.4% for the last 52
weeks. Valeant Pharmaceuticals Int (USA) (NYSE:VRX) is the 6th best-performing
stock year-to-date in this segment of the market. It is up 65.9% year-to-date,
and it is up 60.6% for the last 52 weeks. Humana Inc. (NYSE:HUM) is the 7th
best-performing stock year-to-date in this segment of the market. It is up 64.1%
year-to-date, and it is up 63.2% for the last 52 weeks. Chipotle Mexican Grill,
Inc. (NYSE:CMG) is the 8th best-performing stock year-to-date in this segment of
the market. It is up 59.4% year-to-date, and it is up 52.2% for the last 52
weeks. Ross Stores, Inc. (NASDAQ:ROST) is the 9th best-performing stock
year-to-date in this segment of the market. It is up 54.9% year-to-date, and it
is up 55.0% for the last 52 weeks. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) is the 10th best-performing stock year-to-date in this segment of
the market. It is up 52.0% year-to-date, and it is up 54.5% for the last 52
weeks.
company (MPEL) is on the list. El Paso Corporation (NYSE:EP) is the 1st
best-performing stock year-to-date in this segment of the market. It is up 91.6%
year-to-date, and it is up 93.6% for the last 52 weeks. Intuitive Surgical, Inc.
(NASDAQ:ISRG) is the 2nd best-performing stock year-to-date in this segment of
the market. It is up 79.8% year-to-date, and it is up 76.7% for the last 52
weeks. Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) is the 3rd best-performing
stock year-to-date in this segment of the market. It is up 77.7% year-to-date,
and it is up 76.3% for the last 52 weeks. MasterCard Incorporated (NYSE:MA) is
the 4th best-performing stock year-to-date in this segment of the market. It is
up 67.2% year-to-date, and it is up 66.8% for the last 52 weeks. Biogen Idec
Inc. (NASDAQ:BIIB) is the 5th best-performing stock year-to-date in this segment
of the market. It is up 66.0% year-to-date, and it is up 66.4% for the last 52
weeks. Valeant Pharmaceuticals Int (USA) (NYSE:VRX) is the 6th best-performing
stock year-to-date in this segment of the market. It is up 65.9% year-to-date,
and it is up 60.6% for the last 52 weeks. Humana Inc. (NYSE:HUM) is the 7th
best-performing stock year-to-date in this segment of the market. It is up 64.1%
year-to-date, and it is up 63.2% for the last 52 weeks. Chipotle Mexican Grill,
Inc. (NYSE:CMG) is the 8th best-performing stock year-to-date in this segment of
the market. It is up 59.4% year-to-date, and it is up 52.2% for the last 52
weeks. Ross Stores, Inc. (NASDAQ:ROST) is the 9th best-performing stock
year-to-date in this segment of the market. It is up 54.9% year-to-date, and it
is up 55.0% for the last 52 weeks. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) is the 10th best-performing stock year-to-date in this segment of
the market. It is up 52.0% year-to-date, and it is up 54.5% for the last 52
weeks.
How Private Equity Could Save Sears
Even before the onslaught of e-commerce players like Amazon (NASDAQ: AMZN ),
the retail industry had been brutal. We've seen many giants vanish, such as WT
Grant, Wannamakers and Montgomery Ward. They werent able to make the tough
choices and evolve their businesses. Instead, other companies filled the void,
such as Wal-Mart (NYSE: WMT ) and Home Depot (NYSE: HD ). Despite all this, an
ailing retailer can pull off a successful turnaround. However, it often requires
the discipline and focus of a strong owner, such as a private equity firm. Just
look at Texas Pacific Group, Leonard Green & Partners and KKR (NYSE: KKR ). They
were able to revive companies like J. Crew and Petco. So, can the same be the
case for Sears Holdings (NASDAQ: SHLD )? With a market cap of only $3.45
billion, it wouldnt be tough to get the financing for a going-private
transaction. Based on its latest balance sheet, Sears has a net book value of
$7.7 billion. Interestingly enough, this likely understates the true market
value of Sears portfolio of assets. Consider the following: Sears Canada: Based
on its listing on the Toronto Stock Exchange, the value is over $1.8 billion.
Real estate: Sears owns 850 locations, 12 distributions centers and two office
buildings. Because of the way real estate is accounted for based on the
original costs the private market value is likely to be much higher. But even
without making these adjustments, Sears still looks undervalued. This should
alert hedge fund manager Edward Lampert, who owns 60% of the company's shares.
As a devoted follower of value investing, would this be an ideal time for
Lampert to buy the rest of Sears and take it private? To be even more cynical,
might the latest announcement from the company, which calls for lower cash
flows, be a clever way to drive its value down? Perhaps so. Now it's true that
many of Sears' locations are in economically distressed areas . But then
again, isn't this a benefit? Keep in mind that dollar-store operators, like
Dollar General (NYSE: DG ) and Dollar Tree (NASDAQ: DLTR ), have done quite well
in this market segment. So why not Sears? Maybe it can refocus its merchandise
and change its store footprint? At the same time, Sears might have another
catalyst: appliances. When the real estate market comes back and consumers get
more confidence that business is likely to show improvement. It could actually
represent a nice boost to cash flows. Yet to get things moving, Lampert needs to
make some big changes. While he may be a savvy hedge fund manager, he really
doesnt have the skills of a roll-up-your-sleeves operator. Since investing in
Sears in 2005, the comparable-store sales have declined each year. In other
words, Lampert could use the help of a private equity firm that understands how
to get value from a distressed asset. It's a unique skill, but it could be
critical for a turnaround. Tom Taulli runs the InvestorPlace blog "
IPOPlaybook ," a site dedicated to the hottest news and rumors about initial
public offerings. He is also the author of "All About Short Selling" and
"All About Commodities." Follow him on Twitter at @ttaulli . As of this
writing, he did not own a position in any of the aforementioned stocks.
the retail industry had been brutal. We've seen many giants vanish, such as WT
Grant, Wannamakers and Montgomery Ward. They werent able to make the tough
choices and evolve their businesses. Instead, other companies filled the void,
such as Wal-Mart (NYSE: WMT ) and Home Depot (NYSE: HD ). Despite all this, an
ailing retailer can pull off a successful turnaround. However, it often requires
the discipline and focus of a strong owner, such as a private equity firm. Just
look at Texas Pacific Group, Leonard Green & Partners and KKR (NYSE: KKR ). They
were able to revive companies like J. Crew and Petco. So, can the same be the
case for Sears Holdings (NASDAQ: SHLD )? With a market cap of only $3.45
billion, it wouldnt be tough to get the financing for a going-private
transaction. Based on its latest balance sheet, Sears has a net book value of
$7.7 billion. Interestingly enough, this likely understates the true market
value of Sears portfolio of assets. Consider the following: Sears Canada: Based
on its listing on the Toronto Stock Exchange, the value is over $1.8 billion.
Real estate: Sears owns 850 locations, 12 distributions centers and two office
buildings. Because of the way real estate is accounted for based on the
original costs the private market value is likely to be much higher. But even
without making these adjustments, Sears still looks undervalued. This should
alert hedge fund manager Edward Lampert, who owns 60% of the company's shares.
As a devoted follower of value investing, would this be an ideal time for
Lampert to buy the rest of Sears and take it private? To be even more cynical,
might the latest announcement from the company, which calls for lower cash
flows, be a clever way to drive its value down? Perhaps so. Now it's true that
many of Sears' locations are in economically distressed areas . But then
again, isn't this a benefit? Keep in mind that dollar-store operators, like
Dollar General (NYSE: DG ) and Dollar Tree (NASDAQ: DLTR ), have done quite well
in this market segment. So why not Sears? Maybe it can refocus its merchandise
and change its store footprint? At the same time, Sears might have another
catalyst: appliances. When the real estate market comes back and consumers get
more confidence that business is likely to show improvement. It could actually
represent a nice boost to cash flows. Yet to get things moving, Lampert needs to
make some big changes. While he may be a savvy hedge fund manager, he really
doesnt have the skills of a roll-up-your-sleeves operator. Since investing in
Sears in 2005, the comparable-store sales have declined each year. In other
words, Lampert could use the help of a private equity firm that understands how
to get value from a distressed asset. It's a unique skill, but it could be
critical for a turnaround. Tom Taulli runs the InvestorPlace blog "
IPOPlaybook ," a site dedicated to the hottest news and rumors about initial
public offerings. He is also the author of "All About Short Selling" and
"All About Commodities." Follow him on Twitter at @ttaulli . As of this
writing, he did not own a position in any of the aforementioned stocks.
2011′s Best and Worst Picks From InvestorPlace’s Barry Cohen
When Santa asked me this year whether I was good, I had to admit "not all the
time." That's because, in looking back at the stories I wrote in 2011,
it's obvious I often was too optimistic in my coverage of health care
companies. When reporting on news and developments, it's my responsibility to
provide better balance to the comments from company executives who (not
surprisingly) too often view their organizations' investment prospects through
rose-colored glasses. So this writer is making a New Year's resolution to be a
more scrutinizing Scrooge in 2012. Next year, I pledge to search for and report
the opinions of those who might take a more critical view of company
developments to achieve more evenhanded coverage and better serve our readers.
Now that's not to say I didn't have some winners in 2011. I point with pride
to my Aug. 10 piece about Celgene (NASDAQ: CELG ) titled "Is it Time to Join
CEO and Jump on Celgene Shares?" One good reason cited was the purchase of
10,000 shares by Bob Hugin, CEO of the San Diego-based biotechnology company.
His purchase price was $52.70. Based on Monday's closing price of $64.58,
Hugin's four-month profit on his investment is a nifty $119,000, or nearly
23%. Over the same period, the iShares NASDAQ Biotechnology Index Fund (NASDAQ:
IBB ) was up about only 17%. Other reasons for a possible run-up in Celgene
shares included: The company's stock had been hit hard prior to the Aug. 10
article, declining 15% in the previous 30 days. Celgene had upped its guidance
for 2011 and was selling at a relatively reasonable price-to-earnings ratio of
15. Sales of its best-selling cancer treatment Revlimid were up 35% in the
second quarter, and the company had some promising drugs in its pipeline.
That's the good. The bad and ugly were combined in my assessment of
gene-sequencing company Illumina (NASDAQ: ILMN ). In the April 27 article
"Illumina Leads Race for Gene-Sequencing Payday," I reported that one
analyst likened the company to Apple (NASDAQ: AAPL ) for the ability to replace
its products before they became stale. The absurdity of that statement is
illustrated by the performance of the two companies' shares since that date.
Apple is up 10%, while Illumina shareholders have seen the value of their
investment tumble nearly 62%. Ouch! I suggested there were many reasons to like
the company, including: The planned summer rollout of a compact, less costly
personal sequencing system known as MiSeq. A 2010 sales gain of 45% and an
increase in operating profit of more than 36%, along with a projected revenue
increase of 20% in 2011. What we didn't foresee for Illumina was a third
quarter that came in below market estimates and a $15 million to $17 million
restructuring plan. It was implemented because of concerns about reduced
research funding by government and academic institutions as well as a soft
global economy. Guess that P/E of 80 at the time of the story should have been a
red flag, too, huh? But I'm not disheartened. As a lifelong Chicago Cubs fan,
there's always next year! Accountability at InvestorPlace.com From
InvestorPlace Editor Jeff Reeves , whose own review of 2011s hits and misses can
be found here : In the new year, I hope to continue some regular disclosures
from all our InvestorPlace columnists as a way to show that we are giving
recommendations in good faith and that we are not afraid to own up to our
mistakes. If you have any comments to share with our writers or have ideas on
how we can best achieve some form of transparency, please send your thoughts to
me at editor@investorplace.com . We are a site run by investors, for investors,
and we are in this together. It's very important to me that all readers can
trust our commentary so please don't hesitate to drop us a line. As of this
writing, Barry Cohen did not hold a position in any of the aforementioned
securities.
time." That's because, in looking back at the stories I wrote in 2011,
it's obvious I often was too optimistic in my coverage of health care
companies. When reporting on news and developments, it's my responsibility to
provide better balance to the comments from company executives who (not
surprisingly) too often view their organizations' investment prospects through
rose-colored glasses. So this writer is making a New Year's resolution to be a
more scrutinizing Scrooge in 2012. Next year, I pledge to search for and report
the opinions of those who might take a more critical view of company
developments to achieve more evenhanded coverage and better serve our readers.
Now that's not to say I didn't have some winners in 2011. I point with pride
to my Aug. 10 piece about Celgene (NASDAQ: CELG ) titled "Is it Time to Join
CEO and Jump on Celgene Shares?" One good reason cited was the purchase of
10,000 shares by Bob Hugin, CEO of the San Diego-based biotechnology company.
His purchase price was $52.70. Based on Monday's closing price of $64.58,
Hugin's four-month profit on his investment is a nifty $119,000, or nearly
23%. Over the same period, the iShares NASDAQ Biotechnology Index Fund (NASDAQ:
IBB ) was up about only 17%. Other reasons for a possible run-up in Celgene
shares included: The company's stock had been hit hard prior to the Aug. 10
article, declining 15% in the previous 30 days. Celgene had upped its guidance
for 2011 and was selling at a relatively reasonable price-to-earnings ratio of
15. Sales of its best-selling cancer treatment Revlimid were up 35% in the
second quarter, and the company had some promising drugs in its pipeline.
That's the good. The bad and ugly were combined in my assessment of
gene-sequencing company Illumina (NASDAQ: ILMN ). In the April 27 article
"Illumina Leads Race for Gene-Sequencing Payday," I reported that one
analyst likened the company to Apple (NASDAQ: AAPL ) for the ability to replace
its products before they became stale. The absurdity of that statement is
illustrated by the performance of the two companies' shares since that date.
Apple is up 10%, while Illumina shareholders have seen the value of their
investment tumble nearly 62%. Ouch! I suggested there were many reasons to like
the company, including: The planned summer rollout of a compact, less costly
personal sequencing system known as MiSeq. A 2010 sales gain of 45% and an
increase in operating profit of more than 36%, along with a projected revenue
increase of 20% in 2011. What we didn't foresee for Illumina was a third
quarter that came in below market estimates and a $15 million to $17 million
restructuring plan. It was implemented because of concerns about reduced
research funding by government and academic institutions as well as a soft
global economy. Guess that P/E of 80 at the time of the story should have been a
red flag, too, huh? But I'm not disheartened. As a lifelong Chicago Cubs fan,
there's always next year! Accountability at InvestorPlace.com From
InvestorPlace Editor Jeff Reeves , whose own review of 2011s hits and misses can
be found here : In the new year, I hope to continue some regular disclosures
from all our InvestorPlace columnists as a way to show that we are giving
recommendations in good faith and that we are not afraid to own up to our
mistakes. If you have any comments to share with our writers or have ideas on
how we can best achieve some form of transparency, please send your thoughts to
me at editor@investorplace.com . We are a site run by investors, for investors,
and we are in this together. It's very important to me that all readers can
trust our commentary so please don't hesitate to drop us a line. As of this
writing, Barry Cohen did not hold a position in any of the aforementioned
securities.
Microsoft Corporation (NASDAQ:MSFT) To Launch New Multi-Touch System
Microsoft Corporation (NASDAQ:MSFT) has plans to demo their new Surface
multi-touch systems in mid-January. Microsoft Corporation (NASDAQ:MSFT) To
Launch New Multi-Touch System Microsoft Corporation (NASDAQ:MSFT) has announced
that it is going to showcase the Surface 2.0 multi-touch systems, known
officially as the Samsung SUR40, at the National Retail Federation show in New
York in mid-January. The Surface 2.0 multi-touch systems will be a key part of
Microsoft Corporation (NASDAQ:MSFT)'s National Retail Federation (NRF)
showcase. The SUR40 can be used as a table, a wall-mountable and/or a
vertical/horizontal kiosk. It features a 40-inch HD 1080p screen and is four
inches thick. The system runs an embedded version of 64-bit Microsoft
Corporation (NASDAQ:MSFT) Windows 7 Professional. Microsoft Corp. (NASDAQ:MSFT)
company shares are currently standing at 25.99. Price History Last Price: 25.99
52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.03 6 Month Price
Change %: 0.9% 12 Month Price Change %: -7.2%
multi-touch systems in mid-January. Microsoft Corporation (NASDAQ:MSFT) To
Launch New Multi-Touch System Microsoft Corporation (NASDAQ:MSFT) has announced
that it is going to showcase the Surface 2.0 multi-touch systems, known
officially as the Samsung SUR40, at the National Retail Federation show in New
York in mid-January. The Surface 2.0 multi-touch systems will be a key part of
Microsoft Corporation (NASDAQ:MSFT)'s National Retail Federation (NRF)
showcase. The SUR40 can be used as a table, a wall-mountable and/or a
vertical/horizontal kiosk. It features a 40-inch HD 1080p screen and is four
inches thick. The system runs an embedded version of 64-bit Microsoft
Corporation (NASDAQ:MSFT) Windows 7 Professional. Microsoft Corp. (NASDAQ:MSFT)
company shares are currently standing at 25.99. Price History Last Price: 25.99
52 Week Low / High: 23.65 / 29.46 50 Day Moving Average: 26.03 6 Month Price
Change %: 0.9% 12 Month Price Change %: -7.2%
Precious Metals Extend Slide as U.S. Dollar Rallies
Gold and silver futures turned sharply lower Wednesday morning as the U.S.
dollar rallied against a basket of the worlds leading currencies. COMEX gold for
February 2012 delivery dropped $23.20, or 1.5%, to $1,572.30 per ounce, while
silver futures tumbled $1.27, or 4.4%, to $27.47 per ounce. Earlier this morning
precious metals traded only fractionally in the red, but extended their losses
as the U.S. Dollar Index (DXY) climbed 0.6% to 80.323.
dollar rallied against a basket of the worlds leading currencies. COMEX gold for
February 2012 delivery dropped $23.20, or 1.5%, to $1,572.30 per ounce, while
silver futures tumbled $1.27, or 4.4%, to $27.47 per ounce. Earlier this morning
precious metals traded only fractionally in the red, but extended their losses
as the U.S. Dollar Index (DXY) climbed 0.6% to 80.323.
Pre-Market NASDAQ Movers (PNFP, ARMH, GOLD, INFY, RIMM, AMZN, GOOG, AAPL, CAVM, SHLD, WIN, CSCO)
Pre-Market NASDAQ Movers (PNFP, ARMH, GOLD, INFY, RIMM, AMZN, GOOG, AAPL, CAVM,
SHLD, WIN, CSCO) International Business Times - 3 hours ago By Balasubramanyam
Seshan: Subscribe to Balasubramanyams RSS feed The top pre-market NASDAQ Stock
Market gainers are: Pinnacle Financial Partners, ARM Holdings, Randgold
Resources, Infosys ...
SHLD, WIN, CSCO) International Business Times - 3 hours ago By Balasubramanyam
Seshan: Subscribe to Balasubramanyams RSS feed The top pre-market NASDAQ Stock
Market gainers are: Pinnacle Financial Partners, ARM Holdings, Randgold
Resources, Infosys ...
Gold Price Consolidates Below $1,600
GOLD PRICE NEWS – The gold price traded at $1,591 per ounce Wednesday, near
unchanged from yesterday's close.
unchanged from yesterday's close.
Is Sears the Next Berkshire Hathaway?
A well-respected value investor buys an old American company in decline,
promising to restore its fortunes. Alas, the recovery never comes. The industrys
economics have changed, and the company cant compete with younger, nimbler
rivals. It ceases operations, but the value investor holds on to the shell to
use as an investment vehicle. Could this be the future of Sears Holdings
(NASDAQ: SHLD ) under Eddie Lampert? Maybe; maybe not. But it was certainly the
case for Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ). Unless you're a
history buff or a dedicated Buffett disciple, you might not have known that
Berkshire Hathaway wasnt always an insurance and investment conglomerate. It was
a textile mill, and not a particularly profitable one. It was, however, a cash
cow. And after buying the company in 1964, Buffett used the cash that the
declining textile business threw off to make many of the investments hes now
famous for, starting with insurance company Geico. So, when hedge fund superstar
Lampert first brought Kmart out of bankruptcy in 2003, the parallels were
obvious. With its debts discharged, the retailer would throw off plenty of cash
to fund Lampert's future investments. And even if the retail business
continued to struggle, Lampert could and did sell off some of the company's
prime real estate to retailers in a better position to use it. Lampert sold 18
stores to Home Depot (NYSE: HD ) for a combined $271 million in the first year.
That Lampert would use Kmart's pristine balance sheet to purchase Sears,
Roebuck & Co. itself a struggling retailer seemed somewhat odd, but his
management decisions after the merger seemed to confirm that his strategy was
cash-cow milking. Lampert continued to talk up the combined retailer's
prospects, of course. But his emphasis was on relentless cost-cutting, and he
invested only the absolute bare minimum to keep the doors open. Sears Holdings
didn't have to compete with the likes of Home Depot or Wal-Mart (NYSE: WMT ).
It just had to stay in business long enough for Lampert to wring out every
dollar before selling off its assets. The strategy might have played out just
fine were it not for the bursting of the housing bubble, which killed demand for
Sears popular Kenmore appliances and Craftsman tools, and the onset of the worst
recession in decades. With retail sales in the toilet (and looking to stay there
awhile), competing retailers were hardly clamoring for the company's real
estate assets. It's fair to blame Lampert for making what was, in effect, a
major real estate investment near the peak of the biggest real estate bubble in
American history. But investors frustrated by watching the share price fall by
more than 80% from its 2007 highs have no one to blame but themselves. Anyone
who bought Sears when it traded for nearly $200 per share clearly didn't do
their homework. They instead were hoping to ride Lampert's coattails while
somehow ignoring the value investor's core principle of maintaining safety by
not overpaying for assets.
promising to restore its fortunes. Alas, the recovery never comes. The industrys
economics have changed, and the company cant compete with younger, nimbler
rivals. It ceases operations, but the value investor holds on to the shell to
use as an investment vehicle. Could this be the future of Sears Holdings
(NASDAQ: SHLD ) under Eddie Lampert? Maybe; maybe not. But it was certainly the
case for Warren Buffett's Berkshire Hathaway (NYSE: BRK.A ). Unless you're a
history buff or a dedicated Buffett disciple, you might not have known that
Berkshire Hathaway wasnt always an insurance and investment conglomerate. It was
a textile mill, and not a particularly profitable one. It was, however, a cash
cow. And after buying the company in 1964, Buffett used the cash that the
declining textile business threw off to make many of the investments hes now
famous for, starting with insurance company Geico. So, when hedge fund superstar
Lampert first brought Kmart out of bankruptcy in 2003, the parallels were
obvious. With its debts discharged, the retailer would throw off plenty of cash
to fund Lampert's future investments. And even if the retail business
continued to struggle, Lampert could and did sell off some of the company's
prime real estate to retailers in a better position to use it. Lampert sold 18
stores to Home Depot (NYSE: HD ) for a combined $271 million in the first year.
That Lampert would use Kmart's pristine balance sheet to purchase Sears,
Roebuck & Co. itself a struggling retailer seemed somewhat odd, but his
management decisions after the merger seemed to confirm that his strategy was
cash-cow milking. Lampert continued to talk up the combined retailer's
prospects, of course. But his emphasis was on relentless cost-cutting, and he
invested only the absolute bare minimum to keep the doors open. Sears Holdings
didn't have to compete with the likes of Home Depot or Wal-Mart (NYSE: WMT ).
It just had to stay in business long enough for Lampert to wring out every
dollar before selling off its assets. The strategy might have played out just
fine were it not for the bursting of the housing bubble, which killed demand for
Sears popular Kenmore appliances and Craftsman tools, and the onset of the worst
recession in decades. With retail sales in the toilet (and looking to stay there
awhile), competing retailers were hardly clamoring for the company's real
estate assets. It's fair to blame Lampert for making what was, in effect, a
major real estate investment near the peak of the biggest real estate bubble in
American history. But investors frustrated by watching the share price fall by
more than 80% from its 2007 highs have no one to blame but themselves. Anyone
who bought Sears when it traded for nearly $200 per share clearly didn't do
their homework. They instead were hoping to ride Lampert's coattails while
somehow ignoring the value investor's core principle of maintaining safety by
not overpaying for assets.
Crocodile Gold Provides Update on Luxor Capital Bid
Crocodile Gold (CRK.TSX) reported that Armant, LLC, an affiliate of investment
funds managed by Luxor Capital Group, LP, has filed its take-over bid circular
and formally begun the previously announced unsolicited offer to acquire up to
215,386,435 common shares of CRK.TSX.
funds managed by Luxor Capital Group, LP, has filed its take-over bid circular
and formally begun the previously announced unsolicited offer to acquire up to
215,386,435 common shares of CRK.TSX.
Top 10 Electrical Stocks with Highest Short Interest: AMSC, FSIN, AONE, SATC, CPST, STRI, WCC, BGC, PWER, MXWL (Dec 28, 2011)
Below are the top 10 Electrical stocks with the highest short interest as a
percentage of total shares outstanding. Stocks with very low market caps are
excluded. Significant Short Covering can cause these stocks to rise sharply .
One Chinese company (FSIN) is on the list. American Superconductor Corporation
(NASDAQ:AMSC) has the 1st highest short interest in this segment of the market.
Its short interest is 23.6% of its total shares outstanding. Its Days to Cover
is 20.66, calculated as current short interest divided by average daily volume.
Fushi Copperweld, Inc. (NASDAQ:FSIN) has the 2nd highest short interest in this
segment of the market. Its short interest is 22.1% of its total shares
outstanding. Its Days to Cover is 17.75, calculated as current short interest
divided by average daily volume. A123 Systems, Inc. (NASDAQ:AONE) has the 3rd
highest short interest in this segment of the market. Its short interest is
16.4% of its total shares outstanding. Its Days to Cover is 11.94, calculated as
current short interest divided by average daily volume. SatCon Technology
Corporation (NASDAQ:SATC) has the 4th highest short interest in this segment of
the market. Its short interest is 15.8% of its total shares outstanding. Its
Days to Cover is 25.39, calculated as current short interest divided by average
daily volume. Capstone Turbine Corporation (NASDAQ:CPST) has the 5th highest
short interest in this segment of the market. Its short interest is 15.4% of its
total shares outstanding. Its Days to Cover is 15.75, calculated as current
short interest divided by average daily volume. STR Holdings, Inc. (NYSE:STRI)
has the 6th highest short interest in this segment of the market. Its short
interest is 14.1% of its total shares outstanding. Its Days to Cover is 15.92,
calculated as current short interest divided by average daily volume. WESCO
International, Inc. (NYSE:WCC) has the 7th highest short interest in this
segment of the market. Its short interest is 13.3% of its total shares
outstanding. Its Days to Cover is 10.37, calculated as current short interest
divided by average daily volume. General Cable Corporation (NYSE:BGC) has the
8th highest short interest in this segment of the market. Its short interest is
12.8% of its total shares outstanding. Its Days to Cover is 7.72, calculated as
current short interest divided by average daily volume. Power-One, Inc.
(NASDAQ:PWER) has the 9th highest short interest in this segment of the market.
Its short interest is 12.3% of its total shares outstanding. Its Days to Cover
is 7.28, calculated as current short interest divided by average daily volume.
Maxwell Technologies Inc. (NASDAQ:MXWL) has the 10th highest short interest in
this segment of the market. Its short interest is 11.9% of its total shares
outstanding. Its Days to Cover is 15.59, calculated as current short interest
divided by average daily volume.
percentage of total shares outstanding. Stocks with very low market caps are
excluded. Significant Short Covering can cause these stocks to rise sharply .
One Chinese company (FSIN) is on the list. American Superconductor Corporation
(NASDAQ:AMSC) has the 1st highest short interest in this segment of the market.
Its short interest is 23.6% of its total shares outstanding. Its Days to Cover
is 20.66, calculated as current short interest divided by average daily volume.
Fushi Copperweld, Inc. (NASDAQ:FSIN) has the 2nd highest short interest in this
segment of the market. Its short interest is 22.1% of its total shares
outstanding. Its Days to Cover is 17.75, calculated as current short interest
divided by average daily volume. A123 Systems, Inc. (NASDAQ:AONE) has the 3rd
highest short interest in this segment of the market. Its short interest is
16.4% of its total shares outstanding. Its Days to Cover is 11.94, calculated as
current short interest divided by average daily volume. SatCon Technology
Corporation (NASDAQ:SATC) has the 4th highest short interest in this segment of
the market. Its short interest is 15.8% of its total shares outstanding. Its
Days to Cover is 25.39, calculated as current short interest divided by average
daily volume. Capstone Turbine Corporation (NASDAQ:CPST) has the 5th highest
short interest in this segment of the market. Its short interest is 15.4% of its
total shares outstanding. Its Days to Cover is 15.75, calculated as current
short interest divided by average daily volume. STR Holdings, Inc. (NYSE:STRI)
has the 6th highest short interest in this segment of the market. Its short
interest is 14.1% of its total shares outstanding. Its Days to Cover is 15.92,
calculated as current short interest divided by average daily volume. WESCO
International, Inc. (NYSE:WCC) has the 7th highest short interest in this
segment of the market. Its short interest is 13.3% of its total shares
outstanding. Its Days to Cover is 10.37, calculated as current short interest
divided by average daily volume. General Cable Corporation (NYSE:BGC) has the
8th highest short interest in this segment of the market. Its short interest is
12.8% of its total shares outstanding. Its Days to Cover is 7.72, calculated as
current short interest divided by average daily volume. Power-One, Inc.
(NASDAQ:PWER) has the 9th highest short interest in this segment of the market.
Its short interest is 12.3% of its total shares outstanding. Its Days to Cover
is 7.28, calculated as current short interest divided by average daily volume.
Maxwell Technologies Inc. (NASDAQ:MXWL) has the 10th highest short interest in
this segment of the market. Its short interest is 11.9% of its total shares
outstanding. Its Days to Cover is 15.59, calculated as current short interest
divided by average daily volume.
7 Biotech and Health Care Stocks to Buy
Theres more to health care than just cold and flu season. Making up the
pharmaceutical industry are biotechnology companies that do research and
development on medicines for serious illnesses, manufacture ways to treat
various diseases and are involved in everything from neurology to hematology.
Adding a little health care to your portfolio is a must because the baby boomer
generation will be relying on it in historical quantities in the coming years
the health care industry is expected to grow by an average of 5.8% per year
through 2020 . I watch more than 5,000 publicly traded companies with my
Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. And this week, Ive got seven biotech and health care
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." Alexion Pharmaceuticals (NASDAQ: ALXN ) is involved with
hematology, nephrology, neurology, ophthalmology and cancer treatments. Since
the start of 2011, ALXN stock is up 78%, compared to a gain of just 6% for the
Dow Jones. ALXN stock gets an "A" for sales growth, an "A" for earnings
growth, an "A" for earnings momentum, an "A" for its ability to exceed
the consensus earnings estimates on Wall Street, an "A" for the magnitude in
which earnings projections have increased during the past month and a "B"
for return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of ALXN stock . Amgen (NASDAQ: AMGN ) discovers, develops,
manufactures and markets medicines for serious illnesses. AMGN stock has gained
17% year-to-date. AMGN stock gets a "B" for its ability to exceed the
consensus earnings estimates on Wall Street, a "B" for the magnitude in
which earnings projections have increased during the past month, a "B" for
cash flow and a "B" for return on equity in my Portfolio Grader tool. For
more information, view my complete analysis of AMGN stock . Biogen Idec (NASDAQ:
BIIB ) develops treatments for neurological disorders and other serious
diseases. Since the start of 2011, BIIB stock has jumped 66%. BIIB stock gets a
"B" for earnings growth, a "B" for earnings momentum, a "B" for cash
flow and an "A" for return on equity in my Portfolio Grader tool. For more
information, view my complete analysis of BIIB stock . Celgene (NASDAQ: CELG )
is a globally integrated biopharmaceutical company. In the past 12 months, CELG
stock has outpaced the broader markets with a gain of 15%. CELG stock gets an
"A" for sales growth, an "A" for earnings momentum, a "B" for
earnings growth, an "A" for the magnitude in which earnings projections have
increased during the past month, a "B" for cash flow and an "A" for
return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of CELG stock . Gilead Sciences (NASDAQ: GILD ) is another
biopharmaceutical company worth mentioning, with its 10% return year-to-date.
GILD gets a "B" for earnings momentum, an "A" for cash flow and an
"A" for return on equity in my Portfolio Grader tool. For more information,
view my complete analysis of GILD stock . Pharmasset Inc. (NASDAQ: VRUS ) is a
clinical-stage pharmaceutical company and the big winner on this list. VRUS has
posted an astronomical gain of almost 470% in 2011. VRUS gets a "B" for
earnings momentum in my Portfolio Grader tool. For more information, view my
complete analysis of VRUS stock . Regeneron Pharmaceuticals Inc. (NASDAQ: REGN )
is involved with the discovery, development and commercialization of
pharmaceutical products for the treatment of serious medical conditions. REGN
rounds out the list with a gain of 70% year-to-date. REGN gets an "A" for
the magnitude in which earnings projections have increased during the past month
in my Portfolio Grader tool. For more information, view my complete analysis of
REGN stock . 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.
pharmaceutical industry are biotechnology companies that do research and
development on medicines for serious illnesses, manufacture ways to treat
various diseases and are involved in everything from neurology to hematology.
Adding a little health care to your portfolio is a must because the baby boomer
generation will be relying on it in historical quantities in the coming years
the health care industry is expected to grow by an average of 5.8% per year
through 2020 . I watch more than 5,000 publicly traded companies with my
Portfolio Grader tool, ranking companies by a number of fundamental and
quantitative measures. And this week, Ive got seven biotech and health care
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." Alexion Pharmaceuticals (NASDAQ: ALXN ) is involved with
hematology, nephrology, neurology, ophthalmology and cancer treatments. Since
the start of 2011, ALXN stock is up 78%, compared to a gain of just 6% for the
Dow Jones. ALXN stock gets an "A" for sales growth, an "A" for earnings
growth, an "A" for earnings momentum, an "A" for its ability to exceed
the consensus earnings estimates on Wall Street, an "A" for the magnitude in
which earnings projections have increased during the past month and a "B"
for return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of ALXN stock . Amgen (NASDAQ: AMGN ) discovers, develops,
manufactures and markets medicines for serious illnesses. AMGN stock has gained
17% year-to-date. AMGN stock gets a "B" for its ability to exceed the
consensus earnings estimates on Wall Street, a "B" for the magnitude in
which earnings projections have increased during the past month, a "B" for
cash flow and a "B" for return on equity in my Portfolio Grader tool. For
more information, view my complete analysis of AMGN stock . Biogen Idec (NASDAQ:
BIIB ) develops treatments for neurological disorders and other serious
diseases. Since the start of 2011, BIIB stock has jumped 66%. BIIB stock gets a
"B" for earnings growth, a "B" for earnings momentum, a "B" for cash
flow and an "A" for return on equity in my Portfolio Grader tool. For more
information, view my complete analysis of BIIB stock . Celgene (NASDAQ: CELG )
is a globally integrated biopharmaceutical company. In the past 12 months, CELG
stock has outpaced the broader markets with a gain of 15%. CELG stock gets an
"A" for sales growth, an "A" for earnings momentum, a "B" for
earnings growth, an "A" for the magnitude in which earnings projections have
increased during the past month, a "B" for cash flow and an "A" for
return on equity in my Portfolio Grader tool. For more information, view my
complete analysis of CELG stock . Gilead Sciences (NASDAQ: GILD ) is another
biopharmaceutical company worth mentioning, with its 10% return year-to-date.
GILD gets a "B" for earnings momentum, an "A" for cash flow and an
"A" for return on equity in my Portfolio Grader tool. For more information,
view my complete analysis of GILD stock . Pharmasset Inc. (NASDAQ: VRUS ) is a
clinical-stage pharmaceutical company and the big winner on this list. VRUS has
posted an astronomical gain of almost 470% in 2011. VRUS gets a "B" for
earnings momentum in my Portfolio Grader tool. For more information, view my
complete analysis of VRUS stock . Regeneron Pharmaceuticals Inc. (NASDAQ: REGN )
is involved with the discovery, development and commercialization of
pharmaceutical products for the treatment of serious medical conditions. REGN
rounds out the list with a gain of 70% year-to-date. REGN gets an "A" for
the magnitude in which earnings projections have increased during the past month
in my Portfolio Grader tool. For more information, view my complete analysis of
REGN stock . 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.
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