Category Archives: Penny Stocks

[ June 30, 2015 | Author: admin | Views: 10644 | Weather: | Mood: normal]

As more industrial companies report, what had originally looked like a pretty good quarter is looking increasingly mixed. While companies with exposure to aerospace, automotive, and energy markets are generally doing pretty well (including Honeywell (NYSE:HON), General Electric (NYSE:GE), and Dover (NYSE:DOV)), businesses leveraged to industrial and utility markets are seeing shakier results. In the case of ABB (NYSE:ABB), the problem isn’t so much about the quarter that is in the books, but rather the company’s double-digit decline in orders. Although it seems that management believes this is mostly a timing issue, weakness in the peer group and declines in markets like mining and robotics could be more problematic. I’m still fundamentally bullish on ABB shares, and it’s a rare undervalued industrial stock, but it may take a couple of quarters for the Street to feel comfortable with the story again. Q2 Good Or Bad, Depending On Where You … Continue reading

[ June 27, 2015 | Author: admin | Views: 70002 | Weather: | Mood: normal]

After four straight days of gains, the Dow Jones Industrial Average (DJINDICES: ^DJI  ) took a breather today, finishing the session unchanged at 14,865, though it was down all session, at one point by as much as 0.5%. The S&P 500 and Nasdaq both declined slightly. Disappointing retail sales numbers from March seemed to cool off this week’s rally, especially after some strong results from individual retailers yesterday. Sales at the consumer level dropped by 0.4%, its worst performance in nine months, with no expectations of any change, while a separate consumer confidence report also showed poorer results than expected.The combination of federal budget cuts through sequestration and an increase in the payroll tax seems to be weighing on consumer spending habits The Producer Price Index was also off by 0.6%; however, the core rate, which excludes the volatile food and energy categories, was up 0.2%. While a long-term drop in … Continue reading

[ June 21, 2015 | Author: admin | Views: 34568 | Weather: | Mood: normal]

The Dow Jones Industrial Average (DJINDICES: ^DJI  ) traded mostly mixed today as investors reacted to an ambiguous earnings season thus far, finishing the day up 0.1%. Even then, it was the worst performer among the three major indexes. Stock downgrades weighed on the blue chips, while Caterpillar (NYSE: CAT  ) shares jumped despite missing earnings estimates. In the meantime, March existing home sales numbers landed slightly below expectations. The National Association of Retailers said home sales last month totaled 4.92 million, below projections of 5.01 million. Still, sales were up more than 10% from a year ago, indicating the housing market is still improving, though perhaps not as quickly as some had hoped. Caterpillar, the world’s largest maker of earth-moving equipment, opened the day essentially flat but gained in the afternoon to finish up 2.8%. The manufacturer reported per-share first-quarter profit down 45% to $1.31, and total revenue down 17% to … Continue reading

[ June 19, 2015 | Author: admin | Views: 34368 | Weather: | Mood: normal]

Overlooked mid cap medicaltechnology and systemsstock CareFusion Corporation (NYSE: CFN) could offer nice growth in the healthcare space, meaning its worth taking a closer look at the stock along with the performance of potential benchmarks like the iShares Dow Jones US Medical Device ETF (NYSEARCA: IHI) and SPDR S&P Health Care Equipment ETF (NYSEARCA: XHE). I should mention that we have recently added CareFusion Corporation to our SmallCap Network Elite Opportunity (SCN EO) portfolio because thestock continues to be in a long-term thrusting patter and we believe its alsoundervalued based on current valuation. What isCareFusion Corporation? Mid capCareFusion Corporation is a global corporation serving the health care industry with products and services that help hospitals measurably improve the safety and quality of care. The companys product families include Pyxis庐 for medication and supply dispensing, Alaris庐 for infusion, AVEA庐 ventilators, Jaeger庐 for respiratory diagnostic instruments, AVAmax庐 and PleurX庐 for interventional procedures, … Continue reading

[ June 19, 2015 | Author: admin | Views: 32682 | Weather: | Mood: normal]

After the bell on Wednesday, Men’s Wearhouse (MW) announced its second quarter earnings, posting lower earnings from last year’s comparable period. The Houston, TX-based specialty retailer announced revenues for the quarter of $647.3 million, which were down from last year’s Q2 revenues of $662.3 million. For the company’s earnings, it posted $51 million, or $1.01 adjusted diluted EPS, down from 2012′s earnings of $59.4 million, or $1.15 per share. The company stated that part of the decrease in the EPS figure was due to a shift in tuxedo prom rentals to the first quarter. Top Specialty Retail Companies To Own For 2016: Vitacost.com Inc (VITC) Vitacost.com, Inc. (Vitacost), incorporated in May 20, 1994, is an online retailer of health and wellness products, including dietary supplements such as vitamins, minerals, herbs and other botanicals, amino acids and metabolites, as well as cosmetics, natural personal care products, pet products, sports nutrition and … Continue reading