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Monthly Archives: March 2009

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Stocks That Should Double: Media (DISH)(TSCM)(CBS)(GCI)

Posted: March 10, 2009 at 5:11 pm

This week 24/7 Wall St. is picking several stocks that are likely to double off of their lows.  The  time frame is by the end of 2010, which is meant ...
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The 52-Week Low Club (MTG)(JCI)(CMTL)

Posted: March 10, 2009 at 3:11 pm

MGIC Investment (MTG) Worries about mortgage defaults. Drops to $.93 from $15. Johnson Controls (JCI)  Moody's downgrade. Off to $8.35 from 52-week high of $36.49. Comtech Telecommunications (CMTL)- Ugly earnings. ...
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Meredith Whitney Double-Slams Credit, Sort Of… (GS, MS, C, BAC)

Posted: March 10, 2009 at 3:06 pm

Influential bank analyst Meredith Whitney just gave a Maria Bartoromo an interview on CNBC after her op-ed piece in the WSJ called credit cards and credit lines the next wave ...
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Bernanke Says “If”

Posted: March 10, 2009 at 1:47 pm

The market is enthusiastic about Ben Bernanke's comments that the economy could begin to rebound later this year or early next. People using the comments to press the idea that ...
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Was The Wall Street Journal Completely Wrong About Citigroup (C)?

Posted: March 10, 2009 at 1:35 pm

Vikram Pandit, CEO of Citigroup (C), said that the bank made money in the first two months of the year.  Primarily on the strength of those comments, the firm's stock ...
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Battle Over GE (GE) Heats Up (Update)

Posted: March 10, 2009 at 1:25 pm

As shares of GE (GE) jumped up today, the number of skeptics about the balance sheet of the firm's financial unit seemed to go up. GE was up almost 20% ...
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Energy Stocks That Should Double (VLO, CHK, FSLR, COP, BHI)

Posted: March 10, 2009 at 11:00 am

This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows.  The time frame is by the end of 2010, ...
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Did Pandit Really Mean It? (C)

Posted: March 10, 2009 at 9:12 am

Vikram Pandit, CEO of Citigroup Inc. (NYSE: C) is being credited for most of today's rally based upon a memo he sent to employees after last week's debacle.  We have ...
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Very Little Sunshine In Solar (JASO, FSLR)

Posted: March 10, 2009 at 8:32 am

JA Solar Holdings Co., Ltd. (NASDAQ: JASO) reported a 2008 fourth quarter loss of -$0.11/share, lower than analysts' estimates of a -$0.02 loss. Revenue for the quarter reached $143.5 million, ...
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Bernanke: Regulator of Last Resort?

Posted: March 10, 2009 at 8:22 am

Federal Reserve Chairman Ben Bernanke has been giving a speech this morning at the Council on Foreign Relations in Washington D.C. about financial reform and systematic risk.   While Bernanke talked ...
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Citigroup Downgrades Wal-Mart (WMT) On EFCA/Card Check Concerns

Posted: March 10, 2009 at 8:09 am

Citigroup downgrades Wal-Mart (NYSE: WMT) from Buy to Hold, saying concerns about the expected introduction of EFCA/card check legislation, which simplifies union formation, limits the upside for the stock.   ...
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United Tech Slashing 11,600 Jobs; Cut Guidance Too (UTX)

Posted: March 10, 2009 at 7:52 am

United Technologies Corp. (NYSE: UTX) is trading higher on what would have been considered bad news in other economies or in different times.  The company announced an additional $600 million ...
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Mark-to-Market Doesn’t Destroy, It Reveals Destruction

Posted: March 10, 2009 at 7:11 am

By John Tamny  RealClearMarkets Back during the Internet IPO boom, companies ranging from Netscape to Priceline to Expedia went public with no earnings to speak of whatsoever. Retail giant Amazon.com ...
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Top Analyst Downgrades (APOG, BJS, BJ, HAL, KEG, NBR, OMC, PTEN, PCG, SLB, WMT)

Posted: March 10, 2009 at 6:41 am

These are some of the top pre-market analyst downgrades and negative calls we have seen early this Tuesday morning: Apogee (APOG) Cut to Sell at Piper Jaffray. BJ Services (BJS) ...
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Top Analyst Upgrades (BIG, GLW, DRIV, DUK, KSS, MEOH, PFE, STP, TRV, WYE)

Posted: March 10, 2009 at 6:33 am

These are the top pre-market analyst upgrades and positive calls we have seen from analysts this Tuesday morning: Big Lots (BIG) Raised to Buy at Soleil. Corning (GLW) Raised to ...
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