Below are the top 10 rebounding Utility stocks, ranked based on % change from
52-week lows. Two Chinese companies (HNP, CHC) are on the list. Crosstex Energy,
Inc. (NASDAQ:XTXI) is the 1st best rebounding stock in this segment of the
market. It has risen 70% from its 52-week low. It is now trading at 92% of its
52-week high. Central Vermont Public Service Corp (NYSE:CV) is the 2nd best
rebounding stock in this segment of the market. It has risen 67% from its
52-week low. It is now trading at 97% of its 52-week high. Targa Resources Corp.
(NYSE:TRGP) is the 3rd best rebounding stock in this segment of the market. It
has risen 59% from its 52-week low. It is now trading at 98% of its 52-week
high. Clean Energy Fuels Corp. (NASDAQ:CLNE) is the 4th best rebounding stock in
this segment of the market. It has risen 56% from its 52-week low. It is now
trading at 79% of its 52-week high. Oneok Partners LP (NYSE:OKS) is the 5th best
rebounding stock in this segment of the market. It has risen 54% from its
52-week low. It is now trading at 93% of its 52-week high. Huaneng Power
International, Inc. (ADR) (NYSE:HNP) is the 6th best rebounding stock in this
segment of the market. It has risen 54% from its 52-week low. It is now trading
at 99% of its 52-week high. ONEOK, Inc. (NYSE:OKE) is the 7th best rebounding
stock in this segment of the market. It has risen 51% from its 52-week low. It
is now trading at 98% of its 52-week high. Cadiz Inc. (NASDAQ:CDZI) is the 8th
best rebounding stock in this segment of the market. It has risen 50% from its
52-week low. It is now trading at 77% of its 52-week high. China Hydroelectric
Corporation (USD) (NYSE:CHC) is the 9th best rebounding stock in this segment of
the market. It has risen 49% from its 52-week low. It is now trading at 13% of
its 52-week high. The AES Corporation (NYSE:AES) is the 10th best rebounding
stock in this segment of the market. It has risen 45% from its 52-week low. It
is now trading at 97% of its 52-week high.
Saturday, January 21, 2012
Gold, Silver Higher to Close Out Eventful Week
Gold and silver were higher Friday morning as U.S. existing home sales were
reported to have hit an 11-month high in December. However, ongoing talks among
EU leaders and private holders of Greek government debt continue in Europe,
casting a long shadow over the markets. Spot gold was showing a gain just shy of
0.25%, bid at $1,660.70.40 per ounce with an ask price of $1,661.70. Spot gold
traded as high as $1,663.80 and as low as $1,646.60. The London afternoon
reference price fix came in at $1,653, $2 per ounce lower than Thursdays
reference price, according to Kitco market data . Spot silver was up 0.72%, bid
at $30.86 per ounce with an ask price of $30.96. The morning high as of time of
writing was $31.01 and the low was $30.35. Fridays reference price was set at
$30.36 in the London a.m., 43 cents per ounce lower than yesterdays price fix.
December existing home sales rose at a seasonally adjusted 5% monthly rate , to
4.61 million units, 3.6% higher than December 2010s 4.45 million total.
Decembers increase carries on a recent upward trend that might signal a
sustained recovery is under way, NAR chief economist Lawrence Yin commented.
Gold bullion prices were down 1.4% from the weeks high of $1,646 as of lunchtime
Friday, according to BullionVaults London Gold Market report. Trading in
physical gold is winding down as China prepares for the long Chinese New Year
holiday. The direction of the U.S. dollar-euro exchange rate is likely to set
the tone for gold prices next week as physical demand from Asia will be all but
absent given the Shanghai Gold Exchange will be closed, market participants
commented. Gold trusts were showing small gains, while the iShares Silver Trust
(NYSE: SLV ) was making a stronger move higher. The SPDR Gold Trust (NYSE: GLD )
was showing slight gains of less than 0.1%. The iShares Gold Trust (NYSE: IAU )
also was showing gains of less than 0.1%. The iShares Silver Trust was up about
1.3%. Gold and silver mining ETFs were moving higher. The Market Vectors Gold
Miners ETF (NYSE: GDX ) was showing gains of nearly 0.7%. The Market Vectors
Junior Gold Miners ETF (NYSE: GDXJ ) was up around 0.45%. The Global X Silver
Miners ETF (NYSE: SIL ) was up more than 0.5%. Gold mining shares were almost
all higher, with Kinross Gold (NYSE: KGC ) moving up sharply. Agnico-Eagle Mines
(NYSE: AEM ) was showing losses of some 0.36%. Barrick Gold (NYSE: ABX ) was up
nearly 0.6%. Eldorado Gold (NYSE: EGO ) was unchanged. Goldcorp (NYSE: GG ) was
up around 0.8%. Kinross Gold was up about 1.9%. Newmont Mining (NYSE: NEM ) was
up nearly 0.5%. NovaGold Resources (AMEX: NG ) was up around 0.9%. Yamana Gold
(NYSE: AUY ) was trading around 0.2% lower. Silver mining shares were up, with
Hecla Mining (NYSE: HL ) showing strong gains. Coeur dAlene Mines (NYSE: CDE )
was moving higher, up between 1% and 1.25%. Hecla Mining was up more than 2.3%.
Pan American Silver (NASDAQ: PAAS ) was up nearly 1.6%. Silver Wheaton (NYSE:
SLW ) was showing gains of 1.1% and more. Silver Standard Resources (NASDAQ:
SSRI ) was up over 1%. As of this writing, Andrew Burger did not hold a position
in any of the aforementioned securities. Adrian Ash of BullionVault contributed
to this report.
reported to have hit an 11-month high in December. However, ongoing talks among
EU leaders and private holders of Greek government debt continue in Europe,
casting a long shadow over the markets. Spot gold was showing a gain just shy of
0.25%, bid at $1,660.70.40 per ounce with an ask price of $1,661.70. Spot gold
traded as high as $1,663.80 and as low as $1,646.60. The London afternoon
reference price fix came in at $1,653, $2 per ounce lower than Thursdays
reference price, according to Kitco market data . Spot silver was up 0.72%, bid
at $30.86 per ounce with an ask price of $30.96. The morning high as of time of
writing was $31.01 and the low was $30.35. Fridays reference price was set at
$30.36 in the London a.m., 43 cents per ounce lower than yesterdays price fix.
December existing home sales rose at a seasonally adjusted 5% monthly rate , to
4.61 million units, 3.6% higher than December 2010s 4.45 million total.
Decembers increase carries on a recent upward trend that might signal a
sustained recovery is under way, NAR chief economist Lawrence Yin commented.
Gold bullion prices were down 1.4% from the weeks high of $1,646 as of lunchtime
Friday, according to BullionVaults London Gold Market report. Trading in
physical gold is winding down as China prepares for the long Chinese New Year
holiday. The direction of the U.S. dollar-euro exchange rate is likely to set
the tone for gold prices next week as physical demand from Asia will be all but
absent given the Shanghai Gold Exchange will be closed, market participants
commented. Gold trusts were showing small gains, while the iShares Silver Trust
(NYSE: SLV ) was making a stronger move higher. The SPDR Gold Trust (NYSE: GLD )
was showing slight gains of less than 0.1%. The iShares Gold Trust (NYSE: IAU )
also was showing gains of less than 0.1%. The iShares Silver Trust was up about
1.3%. Gold and silver mining ETFs were moving higher. The Market Vectors Gold
Miners ETF (NYSE: GDX ) was showing gains of nearly 0.7%. The Market Vectors
Junior Gold Miners ETF (NYSE: GDXJ ) was up around 0.45%. The Global X Silver
Miners ETF (NYSE: SIL ) was up more than 0.5%. Gold mining shares were almost
all higher, with Kinross Gold (NYSE: KGC ) moving up sharply. Agnico-Eagle Mines
(NYSE: AEM ) was showing losses of some 0.36%. Barrick Gold (NYSE: ABX ) was up
nearly 0.6%. Eldorado Gold (NYSE: EGO ) was unchanged. Goldcorp (NYSE: GG ) was
up around 0.8%. Kinross Gold was up about 1.9%. Newmont Mining (NYSE: NEM ) was
up nearly 0.5%. NovaGold Resources (AMEX: NG ) was up around 0.9%. Yamana Gold
(NYSE: AUY ) was trading around 0.2% lower. Silver mining shares were up, with
Hecla Mining (NYSE: HL ) showing strong gains. Coeur dAlene Mines (NYSE: CDE )
was moving higher, up between 1% and 1.25%. Hecla Mining was up more than 2.3%.
Pan American Silver (NASDAQ: PAAS ) was up nearly 1.6%. Silver Wheaton (NYSE:
SLW ) was showing gains of 1.1% and more. Silver Standard Resources (NASDAQ:
SSRI ) was up over 1%. As of this writing, Andrew Burger did not hold a position
in any of the aforementioned securities. Adrian Ash of BullionVault contributed
to this report.
Friday, January 20, 2012
Todays Gold price per ounce; Spot gold price per gram Price of Gold and Spot silver price per ounce trends today
Gold and silver price market review today: Gold and silver ended the trading
session in the green. Investors were worried that the better than expected U.S.
economic data this week would push the price of the safe havens lower as the
week culminated. According to floor and electronic price analysis as of last
session close, gold and silver price trend-line movement last session was
positive. Both gold and silver contracts closed out the final session of the
week on the positive side of break-even. Gold price per ounce and Silver price
per ounce Close Review: Gold contract for February delivery finished higher last
session by .57 percent and posted a floor price of 1664 per troy ounce.
Electronic price close for gold contract was higher by .18 percent at 1667 per
troy ounce. Silver contract for March delivery closed the last session higher by
3.82 percent at 31.68 per troy ounce. Electronic price close for Silver contract
was green by 1.58 percent at 32.18 per troy ounce. Spot Silver price per ounce
and spot gold price per gram: After last session close, spot gold and spot
silver price trend-lines moved positively. Spot gold price per gram was posting
higher by .37 at 53.56 and spot silver price per ounce was posting higher by
1.62 at 32.13. Camillo Zucari
session in the green. Investors were worried that the better than expected U.S.
economic data this week would push the price of the safe havens lower as the
week culminated. According to floor and electronic price analysis as of last
session close, gold and silver price trend-line movement last session was
positive. Both gold and silver contracts closed out the final session of the
week on the positive side of break-even. Gold price per ounce and Silver price
per ounce Close Review: Gold contract for February delivery finished higher last
session by .57 percent and posted a floor price of 1664 per troy ounce.
Electronic price close for gold contract was higher by .18 percent at 1667 per
troy ounce. Silver contract for March delivery closed the last session higher by
3.82 percent at 31.68 per troy ounce. Electronic price close for Silver contract
was green by 1.58 percent at 32.18 per troy ounce. Spot Silver price per ounce
and spot gold price per gram: After last session close, spot gold and spot
silver price trend-lines moved positively. Spot gold price per gram was posting
higher by .37 at 53.56 and spot silver price per ounce was posting higher by
1.62 at 32.13. Camillo Zucari
Zynga Gets Serious About Mobile Games
Zynga (NASDAQ: ZNGA ), the largest developer of games for Facebook, has had a
rough ride since its IPO last December, something it hopes the acquisition of
four mobile video game companies will help address. The purchases, which took
place from August through December 2011, were confirmed on Jan. 18 by Zynga's
chief mobile officer, David Ko. Zynga now owns San Francisco-based Page 44
Studios and HipLogic, New York-based Astro Ape Studios and Game Doctors , a
German company. Fans of Facebook have been playing wildly popular Zynga games
such as FarmVille , Words with Friends and Mafia Wars since 2007, and the
companys games consistently attract more players than those of any other
developer for the platform. Facebook analytics firm AppData reports that Zynga
applications draw an average of almost 222.5 million users per month, crushing
the next-largest developer at under 68 million monthly users. However, despite
having 66 games in release for Facebook, Zynga has been less successful in
translating casual games played on social media sites to paid apps for mobile
devices. Many of its most popular titles have been ported to mobile gaming
platforms but theyre free, relying for revenue on in-app purchases of Zynga
virtual currency and game credits. Three of the four companies Zynga picked up
have developed successful game apps sold through Apple s (NASDAQ: AAPL ) App
Store and the Android Market, including hit premium titles such as the
award-winning World of Goo , which has sold over a million copies, and Game
Doctors' ZombieSmash
rough ride since its IPO last December, something it hopes the acquisition of
four mobile video game companies will help address. The purchases, which took
place from August through December 2011, were confirmed on Jan. 18 by Zynga's
chief mobile officer, David Ko. Zynga now owns San Francisco-based Page 44
Studios and HipLogic, New York-based Astro Ape Studios and Game Doctors , a
German company. Fans of Facebook have been playing wildly popular Zynga games
such as FarmVille , Words with Friends and Mafia Wars since 2007, and the
companys games consistently attract more players than those of any other
developer for the platform. Facebook analytics firm AppData reports that Zynga
applications draw an average of almost 222.5 million users per month, crushing
the next-largest developer at under 68 million monthly users. However, despite
having 66 games in release for Facebook, Zynga has been less successful in
translating casual games played on social media sites to paid apps for mobile
devices. Many of its most popular titles have been ported to mobile gaming
platforms but theyre free, relying for revenue on in-app purchases of Zynga
virtual currency and game credits. Three of the four companies Zynga picked up
have developed successful game apps sold through Apple s (NASDAQ: AAPL ) App
Store and the Android Market, including hit premium titles such as the
award-winning World of Goo , which has sold over a million copies, and Game
Doctors' ZombieSmash
Top 10 Retail Stocks with Highest Upside: SPCHA, LAS, GAIA, CBK, ZLC, GOLF, VVTV, FLWS, MCOX, CMRG (Jan 20, 2012)
Below are the top 10 Retail stocks with highest upside potential, based on the
difference between current price and Wall Street analysts average target price.
Two Chinese companies (LAS, MCOX) are on the list. Sport Chalet, Inc.
(NASDAQ:SPCHA) has the 1st highest upside potential in this segment of the
market. Its upside is 242.9%. Its consensus target price is $6.00 based on the
average of all estimates. Lentuo International Inc (ADR) (NYSE:LAS) has the 2nd
highest upside potential in this segment of the market. Its upside is 201.5%.
Its consensus target price is $8.89 based on the average of all estimates.
Gaiam, Inc. (NASDAQ:GAIA) has the 3rd highest upside potential in this segment
of the market. Its upside is 142.0%. Its consensus target price is $8.69 based
on the average of all estimates. Christopher & Banks Corporation (NYSE:CBK) has
the 4th highest upside potential in this segment of the market. Its upside is
138.1%. Its consensus target price is $4.83 based on the average of all
estimates. Zale Corporation (NYSE:ZLC) has the 5th highest upside potential in
this segment of the market. Its upside is 131.2%. Its consensus target price is
$6.75 based on the average of all estimates. Golfsmith International Holdings,
Inc. (NASDAQ:GOLF) has the 6th highest upside potential in this segment of the
market. Its upside is 120.6%. Its consensus target price is $7.50 based on the
average of all estimates. ValueVision Media, Inc. (NASDAQ:VVTV) has the 7th
highest upside potential in this segment of the market. Its upside is 108.3%.
Its consensus target price is $3.33 based on the average of all estimates.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has the 8th highest upside potential in
this segment of the market. Its upside is 91.6%. Its consensus target price is
$5.00 based on the average of all estimates. Mecox Lane Limited ADR
(NASDAQ:MCOX) has the 9th highest upside potential in this segment of the
market. Its upside is 88.2%. Its consensus target price is $2.33 based on the
average of all estimates. Casual Male Retail Group, Inc. (NASDAQ:CMRG) has the
10th highest upside potential in this segment of the market. Its upside is
80.2%. Its consensus target price is $6.00 based on the average of all
estimates.
difference between current price and Wall Street analysts average target price.
Two Chinese companies (LAS, MCOX) are on the list. Sport Chalet, Inc.
(NASDAQ:SPCHA) has the 1st highest upside potential in this segment of the
market. Its upside is 242.9%. Its consensus target price is $6.00 based on the
average of all estimates. Lentuo International Inc (ADR) (NYSE:LAS) has the 2nd
highest upside potential in this segment of the market. Its upside is 201.5%.
Its consensus target price is $8.89 based on the average of all estimates.
Gaiam, Inc. (NASDAQ:GAIA) has the 3rd highest upside potential in this segment
of the market. Its upside is 142.0%. Its consensus target price is $8.69 based
on the average of all estimates. Christopher & Banks Corporation (NYSE:CBK) has
the 4th highest upside potential in this segment of the market. Its upside is
138.1%. Its consensus target price is $4.83 based on the average of all
estimates. Zale Corporation (NYSE:ZLC) has the 5th highest upside potential in
this segment of the market. Its upside is 131.2%. Its consensus target price is
$6.75 based on the average of all estimates. Golfsmith International Holdings,
Inc. (NASDAQ:GOLF) has the 6th highest upside potential in this segment of the
market. Its upside is 120.6%. Its consensus target price is $7.50 based on the
average of all estimates. ValueVision Media, Inc. (NASDAQ:VVTV) has the 7th
highest upside potential in this segment of the market. Its upside is 108.3%.
Its consensus target price is $3.33 based on the average of all estimates.
1-800-FLOWERS.COM, Inc. (NASDAQ:FLWS) has the 8th highest upside potential in
this segment of the market. Its upside is 91.6%. Its consensus target price is
$5.00 based on the average of all estimates. Mecox Lane Limited ADR
(NASDAQ:MCOX) has the 9th highest upside potential in this segment of the
market. Its upside is 88.2%. Its consensus target price is $2.33 based on the
average of all estimates. Casual Male Retail Group, Inc. (NASDAQ:CMRG) has the
10th highest upside potential in this segment of the market. Its upside is
80.2%. Its consensus target price is $6.00 based on the average of all
estimates.
SuperValu’s Earnings Message: Stay Away from Grocers!
I have never been big on grocery stocks. They carry way too much debt, they
have thin margins, and they are under increasing attacks from competitors .
SuperValu s (NYSE: SVU ) recent earnings report demonstrates all the reasons why
grocery stocks are losers. The question you should ask is, Then should I buy the
competitors? The answer lies in the comparisons I'm about to make. Depending
on what part of the country you live in, SuperValu operates under the Acme,
Albertsons, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Shaw's,
Shop 'n Save, Shoppers Food & Pharmacy or Star Market banners. During the past
four years, the company has lost more than $2.5 billion. Whereas FY 2008 brought
in $44.5 billion in revenue, FY 2011 looks closer to $36 billion. Because the
company is losing money at the operations level, that means the half-billion
dollars in annual debt service is just barely covered by its cash flow after
backing out depreciation. With only a couple hundred million of cash on hand, it
cant afford to make any mistakes. People point to the generous 5% yield, but I
dont believe that is sustainable. Earnings will be flat for 2012 with only 6%
annualized growth expected for the long term. Now, compare that to whats going
on with two important competitors. The first is a company I love Whole Foods
Market (NASDAQ: WFM ). The Buy Organic propaganda machine has so effectively
taken hold of the American imagination that it has propelled Whole Foods into
the stratosphere, and its now the big brand name of that sector. While regular
grocers struggle to make money at all, Whole Foods has operating margins twice
the size, and net margins almost three times larger. While the grocers carry
billions of dollars in debt, Whole Foods has only $17 million of it, and over
$840 million in cash. Why? Because grocers are trying to be all things to all
people. Whole Foods has chosen to own a niche, where it can be most things to
most people while also relying on a massive marketing machine that is obviously
far more effective. In other words, why buy the horse and buggy of a standard
grocer when you can buy the race car that is Whole Foods? This brings us to yet
another problem for the grocers the dollar stores . Hoo, boy! It took a long
time, but those companies finally realized that the way to consumers hearts was
to offer them more food and beverage choices, particularly in a bad economy.
This new focus has propelled the dollar chains across the board. Ninety-Nine
Cent Stores just got bought out by a private investment consortium. Hedge fund
genius Bill Ackman has purchased a massive stake in Family Dollar (NYSE: FDO ),
and my personal favorite, Dollar Tree (NASDAQ: DLTR ), is at an all-time high.
And this is all coming at traditional grocers expense and that includes
SuperValu. If you dont believe me, just look again at SVUs earnings report and
try not to gag. As of this writing, Lawrence Meyers did not hold a position in
any of the aforementioned stocks.
have thin margins, and they are under increasing attacks from competitors .
SuperValu s (NYSE: SVU ) recent earnings report demonstrates all the reasons why
grocery stocks are losers. The question you should ask is, Then should I buy the
competitors? The answer lies in the comparisons I'm about to make. Depending
on what part of the country you live in, SuperValu operates under the Acme,
Albertsons, Cub Foods, Farm Fresh, Hornbacher's, Jewel-Osco, Lucky, Shaw's,
Shop 'n Save, Shoppers Food & Pharmacy or Star Market banners. During the past
four years, the company has lost more than $2.5 billion. Whereas FY 2008 brought
in $44.5 billion in revenue, FY 2011 looks closer to $36 billion. Because the
company is losing money at the operations level, that means the half-billion
dollars in annual debt service is just barely covered by its cash flow after
backing out depreciation. With only a couple hundred million of cash on hand, it
cant afford to make any mistakes. People point to the generous 5% yield, but I
dont believe that is sustainable. Earnings will be flat for 2012 with only 6%
annualized growth expected for the long term. Now, compare that to whats going
on with two important competitors. The first is a company I love Whole Foods
Market (NASDAQ: WFM ). The Buy Organic propaganda machine has so effectively
taken hold of the American imagination that it has propelled Whole Foods into
the stratosphere, and its now the big brand name of that sector. While regular
grocers struggle to make money at all, Whole Foods has operating margins twice
the size, and net margins almost three times larger. While the grocers carry
billions of dollars in debt, Whole Foods has only $17 million of it, and over
$840 million in cash. Why? Because grocers are trying to be all things to all
people. Whole Foods has chosen to own a niche, where it can be most things to
most people while also relying on a massive marketing machine that is obviously
far more effective. In other words, why buy the horse and buggy of a standard
grocer when you can buy the race car that is Whole Foods? This brings us to yet
another problem for the grocers the dollar stores . Hoo, boy! It took a long
time, but those companies finally realized that the way to consumers hearts was
to offer them more food and beverage choices, particularly in a bad economy.
This new focus has propelled the dollar chains across the board. Ninety-Nine
Cent Stores just got bought out by a private investment consortium. Hedge fund
genius Bill Ackman has purchased a massive stake in Family Dollar (NYSE: FDO ),
and my personal favorite, Dollar Tree (NASDAQ: DLTR ), is at an all-time high.
And this is all coming at traditional grocers expense and that includes
SuperValu. If you dont believe me, just look again at SVUs earnings report and
try not to gag. As of this writing, Lawrence Meyers did not hold a position in
any of the aforementioned stocks.
Iran’s War on Barbie Dolls
XCSFDHG46767FHJHJF
tdp2664 InvestorPlace What about Ken? CNBC.com reports that Iranian police have been confiscating Mattel ‘s (NASDAQ: MAT ) Barbie dolls from toy stores in Tehran — and shutting the stores down — as part of a recent Islamist crackdown on Western cultural influences. Barbie dolls have been banned in Iran since the mid-1990s, but interest in them — along with all things Western — doesn’t seem to have dampened in the years since, especially among young people. Meanwhile, Iran’s official state TV airs several Western and Hollywood films every week. More on this story at CNBC.com .
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