Posts related to ‘HI/LOW’

Netflix Battleground Status Continues (NFLX, BBI, CSTR)

Netflix LogoNetflix Inc. (NASDAQ: NFLX) is a true battleground stock.  It has a loyal customer base, a cult-like stock following, and trades with a very high short interest.  Shares are screaming today and have effectively hit not just 52-week highs… all-time highs. The earnings report showed a 48% profit rise and it raised its annual subscriber and financial metrics.  The company’s profit rose by almost 50% to $30.1 million, or $0.52 EPS.  But on a non-GAAP basis those earnings were $0.55 EPS.  Revenues rose by about 24% from a year ago to $423.1 million. Thomson Reuters consensus data was $0.49 EPS and $419.9 million in revenues.
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Posted on: October 23, 2009 – 11:53 am in Earnings, Entertainment, HI/LOW, Media, , ,

Brazil Olympic Stock Plays Feeling Lofty (EWZ, BRF, BZF, BBD, BRP, BTM, BAK, PDA, EBR, ABV, ELP, SID, CPL, ERJ, GFA, GGB, GOL, ITUB, NETC, PBR, TAM, TNE, TSP, VALE, VIV, VCP)

Rio Olympic ImageInvesting into emerging markets where the Olympics are headed is supposed to be a safe bet, in theory.  Despite a flat close for stocks in the U.S. on Friday, Brazilian shares rose almost across the board Friday after last week’s decision to send the 2016 Summer Olympics to Rio de Janeiro.  It was huge for the iShares MSCI Brazil (NYSE: EWZ) gaining 1.9% to $67.30 ($26.64 to $68.50 is the 52-week range) and the Market Vectors Brazil Small-Cap ETF (NYSE: BRF) rose 1.5% to $39.76 (its 52-week range is $23.68 to $40.42).  The WisdomTree Dreyfus Brazilian Real (NYSE: BZF) currency ETF rose 0.54% to $25.89.

Outside of the ETF investing, this story becomes one where stocks may still have great growth prospects.  But if you are a value investor or one who does not like to chase stocks when they are close to yearly or all-time highs, then there is a problem.  So many of these stocks are hitting highs or are so close that you have to wonder just how much upside is there.  Using 52-week highs and all-time highs is of course not the only metric for valuations, but you might be surprised as you read through a summary of the major Brazilian stock performances on Friday alone.  Throw in the Brazilian Real currency versus the US Dollar component as these are all ADRs and it adds in yet another element.

Banco Bradesco S.A. (NYSE: BBD) is the huge Brazilian bank and its shares rose 1.8% at $19.94, with a 52-week trading range of $7.40 to $20.20 and an all-time high north of $24.00.

Brasil Telecom Participacoes S.A (NYSE: BRP) is a telecom player in Brazil and its shares rose 2.9% to $52.33, with a 52-week trading range of $22.00 to $53.49 with highs in 2007 and 2008 hitting north of $80.00.

Brasil Telecom S.A. (NYSE: BTM) is a telecommunications services provider whose shares rose 3.3% to $26.28 and its 52-week trading range is $9.49 to $26.55 and it was in the mid-$30’s in early 2008.

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Posted on: October 5, 2009 – 7:01 am in ADR, Commodities, ETF, Economy, Emerging Markets, Entertainment, Financial Stocks, HI/LOW, Infrastructure, Large Cap Stocks, Politics, , , , , , , , , , , , , , , , , , , , , , , , , ,

Key Tech Majors Hit New 52-Week Highs (AAPL, BIDU, CIEN, CTXS, EBAY, GOOG, JNPR, TLAB, WDC)

Money Stack ImageBurning Money PicWhile the markets have started to sell off by what feels almost as ’sharply,’ we have noticed late morning that a huge number 0f major technology stocks have hit 52-week highs on an intra-day basis.  Traders used this is a chance to lock in gains.  We have some added color on each below to see where these are coming from and where they were in the past.  In fact, most of these are back to or above pre-Lehman levels…

Apple Inc. (NASDAQ: AAPL) is still positive and shares hit a new high of $186.79 today.  This is the highest level since June-2008 and is still under the highs of January 2008 and December-2007 when Apple was north of $200.00.

Baidu, Inc. (NASDAQ: BIDU) is now down on the day and under $400.00 but the stock hit an intra-day high of $408.00.

Ciena Corp. (NASDAQ: CIEN) hit a new high of $16.63 and is now challenging levels not seen since August and September of last year.

Citrix Systems, Inc. (NASDAQ: CTXS) must be doing well with its Xen virtualization, GoToMeeting and GoToMyPC.  Its shares are still up and it hit a new high of $37.95… highs not seen since February-2008.

eBay Inc. (NASDAQ: EBAY) seems to be carefree over the Skype suit.  This hit a new high of $24.62 today, but keep in mind that this was a $40.00 stock two years ago.

Google Inc. (NASDAQ: GOOG) almost took out $500… The search leader stock is still in positive territory but it was up almost 2% this morning and hit $497.37… Two years ago this was north of $700.00 and we were all goo-goo eyed over whether $900 or $1,000.00 was a reality.

Juniper Networks, Inc. (NASDAQ: JNPR) hit $27.53 this morning and was up close to 2% at the time.  That is up over 100% from year-lows and still well under the $30’s highs of two years ago.

Tellabs Inc. (NASDAQ: TLAB) is back under $7.00 now, but this one hit a high of $7.15 this morning.  Two years ago, this was a $10.00-plus stock.

Western Digital Corp. (NYSE: WDC) is magically back up to $37.00, up a whopping 300% from the death-blow lows over the last year.  This is now within striking distance of its early-2008 highs of $40.00 for one day in June-2008.

Traders are taking advantage of these highs now based on the notion that the future is still not going to be as robust the past and the expectations of growth in the past.  Some of us might even say, they are finally taking advantage of the opportunity to lighten up after monumental gains.

JON C. OGG

Posted on: September 17, 2009 – 1:51 pm in HI/LOW, Technology Companies, Trading Alert, , , , , , , , ,

BioHealth Business Daily (BMRN, DVAX, SEPR, STEM, PCYC, OCLS)

biotech imageToday is an unusually active day for many emerging biotech stocks in the news and we are seeing significant moves in response. We have more detail on each with appropriate links through to more analysis and data at BioHealthInvestor.com or VSInvestor.com:

BioMarin Pharmaceutical Inc. (NASDAQ: BMRN) is seeing exponential trading volume in stock and options after a 10% rise today.

Dynavax Technologies Corporation (NASDAQ: DVAX) is up over 50%after the FDA removed a clinical hold on its hepatitis treatment.

The fight over the Sepracor, Inc. (NASDAQ: SEPR) acquisition has now gone to the level of a class action status.  We noted the very low P/E and multiple valuations yesterday on this one.

StemCells, Inc. (NASDAQ: STEM) traded slightly higher on word that it will soon begin a study with the University of California, San Francisco Children’s Hospital using purified human neural stem cells as a possible treatment for Pelizaeus-Merzbacher Disease.

Pharmacyclics Inc. (NASDAQ: PCYC) was trading up on news that its right offering is oversubscribed.

Oculus Innovative Sciences, Inc. (NASDAQ: OCLS) is trading higher on report that it has been assigned a Medicare HCPCS code for its recently introduced Microcyn Skin & Wound HydroGel.

JON C. OGG
SEPTEMBER 10, 2009

Posted on: September 10, 2009 – 1:38 pm in Biotech, Drug companies, HI/LOW, Trading Alert, , , , , ,

Despite Sell-Off, Some Techs on 52-Week Highs (ARUN, ELOY, PWRD, STAR)

Money Stack ImageThere is an interesting line-up of tech stocks which hit 52-week highs today.  This is despite the wave of selling and profit taking we have seen.  We saw several hit highs on an intra-day basis, including Aruba Networks, Inc. (NASDAQ: ARUN), eLayalty Corporation (NASDAQ: ELOY), Perfect World Co., Ltd. (NASDAQ: PWRD), and Starent Networks, Corp. (NASDAQ: STAR).
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Posted on: June 23, 2009 – 4:28 pm in HI/LOW, Technology Companies, , , ,

Top Break-Out Stocks (APSG, CYOU, COOL, TSRA, TIVO)

Money Stack ImageToday’s 52-week high review list showed many names which looked like they were trying to break out, but then the pullback kept many of them from making the rounds.  But companies such as Applied Signal Technology, Inc. (NASDAQ: APSG), Changyou.com Limited (NASDAQ: CYOU), Majesco Entertainment Co. (NASDAQ: COOL), Tessera Technologies Inc. (NASDAQ: TSRA), and TiVo Inc. (NASDAQ: TIVO) are showing significant strength.  Most of these are on news or on follow-through data, so we offered a brief explanation for each as follows:
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Posted on: June 3, 2009 – 1:14 pm in HI/LOW, Trading Alert, , , , ,

Diverse Stocks Hitting New 52-Week Highs (ADY, COMS, CUBC, DDRX, LORL, MED, NKTR, OGXI, PALM, QSII, STEC)

There are some rather interesting stocks hitting 52-week highs today.  Some may seem obvious, while others may seem as though they are from left field.

American Dairy (NYSE: ADY) is continuing its mystery run.  We featured this over the weekend with stocks up on a crummy week.  The producer and distributor of premium infant formula, milk powder and soybean, rice and walnut products in China was up 62% last week and up 250% from lows, and today’s $31.00 high marks another record.

3Com Corporation (NASDAQ: COMS) hit $4.20 today, above its prior 52-week high of $4.18.  We are back to around some of the levels where the Chinese and private equity buyout fell through.

Cubic Corporation (NYSE: CUB) designs, develops, and manufactures defense electronics and transportation fare collection systems.  Its last award was only $5 million.  Shares hit $35.50 today, above the 52-week range of $17.03 to $35.22.

Diedrich Coffee Inc. (NASDAQ: DDRX) continued its surge from last week’s winners on a down week by hitting $15.00 at one point today (52-week range is $0.21 to $13.55).  As noted over the weekend:  Diedrich Coffee Inc. (NASDAQ: DDRX) is coming back from the dead.  Shares were only up 2.7% to $12.91 Friday, but this was up 30% from the prior Friday.  You better be  sitting down when we tell you this.  Diedrich was a $0.42 stock at the end of March.  The company has completed its transition to a premier coffee roaster and wholesaler that recently sold its Gloria Jean’s franchise operations.  This is enough to make a man cry, but this stock is up over 30-fold since the end of March.
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Posted on: May 18, 2009 – 1:29 pm in HI/LOW, Trading Alert

Winning Stocks on a Down Week (ADY, BCRX, DDRX, DGI, FAZ, LORL, RHT, WX)

This was a week of profit taking and a probable realization that a move of 30% and more from the lows in March was probably a bit much in the face of only consistent “less-bad” economic data.  But as every optimist says, “There is always a bull market somewhere.”  We saw a drop of  about -3.6% to 8,268.64, while the S&P 500 Index slid by -4.% to 882.88.  The NASDAQ was the ‘better’ of the losers with a drop of -3.4% to 1,680.14.  But there are many standout stocks, and some of the key big movers and winners this week were American Dairy Inc. (NYSE: ADY), Biocryst Pharmaceuticals Inc. (NASDAQ: BCRX), Diedrich Coffee Inc. (NASDAQ: DDRX), DigitalGlobe, Inc. (NYSE: DGI), Direxion Daily Financial Bear 3X Shares (NYSE: FAZ), Loral Space & Communications, Inc. (NASDAQ: LORL), Red Hat Inc. (NYSE: RHT) and WuXi PharmaTech Inc. (NYSE: WX).

Believe it or not, some of these are up exponentially off of the lows.  One is up 30-fold from the end of March, and amazingly the best winners were not in tech or biotech.  We have provided a weekly synopsis and the reason for their from the lows.
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Posted on: May 16, 2009 – 8:10 am in HI/LOW, The Week, Trading Alert, Turnarounds, , , , , , , ,

GM Insider Sales Put Stock Into 1930’s Levels (GM)

Burning Money PicForget about 52-week lows.  General Motors Corp. (NYSE: GM) is trading at what looks to be the lowest levels since April or May of 1933.  There has not been fresh news from the company, but there is a key event that took place which may be a prelude to the worst case scenario.  Executives sold stock, and it looks like this may have been ALL of their shares left in the company in some of these cases.
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Posted on: May 12, 2009 – 9:27 am in Autos, HI/LOW, Insider Activity, Trading Alert,

Defensive Stocks Refuse To Participate In Rally (PEP, KO, TAP, KFT, CAG, CPB, HRL, MCD, MO, PG, CL, MRK, JNJ)

Investors flock to defensive stocks in times of trouble and and when they worry, assuming they look to stay in the market when they are worried.  But if the trend here continues, this may be one of the worst times for defensive stocks compared to the overall market.  Our universe of 13 large-cap go-to defensive stocks looks awful in relative performance and it looks like only 1 stock of the 13 has actually outperformed the overall market.

Kraft Foods Inc. (NYSE: KFT), ConAgra Foods, Inc. (NYSE: CAG), and Hormel Foods Corp. (NYSE: HRL) have performed close to the overall markets, but that is almost it.  Forget about Campbell Soup Co. (NYSE: CPB) as that has been the worst of the lot.  Pepsico, Inc. (NYSE: PEP) and The Coca-Cola Company (NYSE: KO) are up double digits from recent lows, but are way behind the market index readings.  Even the high and mighty McDonald’s Corp. (NYSE: MCD) has greatly underperformed.
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Posted on: May 7, 2009 – 5:31 am in Defensive Stocks, HI/LOW, Index, Technical Analysis, , , , , , , , , , , , ,

Financials & Direxion 3X Bulls, Recent Highs (FAS, FAZ, JPM, BAC, GS, WFC)

money-stack-image6To call the triple-leverage financial ETF of the Direxion Financial Bull 3X Shares (NYSE: FAS) volatile would be the understatement of the year.  It has become the day trading instrument of choice for those who trade financial stocks because it has such a low share price and because its triple-leverage adds that much more volatility.  What is interesting is that this  ETF is not just a bank ETF as it tracks the Russell 1000 Financial Services Index.  While it aims to diversify to all financial firms in that index with more than 200 components last year, it looks like the four top dogs of JP MORGAN CHASE & CO. (NYSE: JPM), BANK OF AMERICA CORP. (NYSE: BAC), GOLDMAN SACHS GROUP (NYSE: GS), and WELLS FARGO & CO (NYSE: WFC) may now more than 20% of the weighting.
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Posted on: May 6, 2009 – 10:00 am in Banking, ETF, Financial Stocks, HI/LOW, Trading Alert, , , , , ,

Is Crocs Becoming The New Bull Market Proxy? (CROX)

crocsIt is true that the most speculative or most battered stocks often rise the most during the initial turnaround and recovery, and to call the latest rally since the March lows a mere recovery would be an understatement of the year.  But while the S&P has recovered 35% from lows and the NASDAQ has recovered by almost 40% from lows, shares of Crocs Inc. (NASDAQ: CROX) have exploded from their lows.  With shares up 14% today at $3.71, CROCs has risen well over 200% from the March lows and is up over 100% in less than one-month.
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Posted on: May 5, 2009 – 11:09 am in Apparel, HI/LOW, Technical Analysis, Trading Alert,

Just How Bad Are Things At Campbell Soup? (CPB)

campbells-logoAfter perusing the list of 52-week lows this afternoon, there was a surprising name: Campbell Soup Co, (NYSE: CPB).  Shares are trading down over 3% and south of $25.00 late today, and the previous 52-week trading range was $25.50 to $40.85.  When you see stocks hitting 52-week lows, particularly after a 6-week rally and a week of only modest profit taking, you just have to wonder how bad things are.  We would normally consider Campbell Soup as a defensive stock, but it is trading as though it is a luxury brand that the consumer is choosing to live without.
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Posted on: April 24, 2009 – 2:44 pm in Food, HI/LOW, Trading Alert, Value Investing,

52-Week Low Club (ADG, BTI, ESRX, MAC, INDM)

burning-money-pic37The rally has been large enough that even with a sell-off of this magnitude we saw very few stocks on 52-week lows.  Here are the ones hitting new 52-week lows today:

Allied Defense Group Inc. (ADG) hit a low on an intra-day basis, but it was a strange trade that came right back; could even be a trade break.  Low print was $3.82; close at $4.07; prior range was $3.95 to $8.35.

British American Tobacco plc (NYSE: BTI) fell 3.5% to $43.77; prior 52-week range was $44.96 to $80.65.  Do the Brits not smoke more in a recession? Jolly!

Express Scripts Inc. (NASDAQ: ESRX) down 4.5% at $44.09, low was $44.40 and high was $77.97.  When PBM’s do poorly…

Macerich Co. (NYSE: MAC) fell almost 8% to $5.81 but was as low as $5.64; prior trading range was $5.80 to $76.50.  Ouch, 90% off for the REIT.

United America Indemnity, Ltd (NASDAQ: INDM) down 8% at $3.82; prior range $3.92 to $20.22.

JON C. OGG
March 27, 2009

Posted on: March 27, 2009 – 3:06 pm in HI/LOW, , , , ,

The 52-Week Low Club (SHS)(CHTR)(ENER)

bear13Sauer-Danfoss (SHS) Loses money. Suspends dividend. Drops to $3.03 from 52-week high of $37.93.

Chartered Semiconductor (CHRT) No major news. Down to $.65 from 52-week high of $7.05.

Energy Conversion Devices (ENER) Solar energy company pulls its forecasts. Sells off to $12.85 from 52-week high of $83.33

Douglas A. McIntyre

Posted on: March 17, 2009 – 3:03 pm in HI/LOW, , ,

The 52-Week Low Club

bear104 Kids Entertainment (KDE) Big Q4 loss. Drops to $1.01 from 52-week high of $25.30.

Nanogen (NGEN) Delisting notice. Drops to $.07 from 52-week high of $.59.

Data Domain (DDUP) Lazard downgrade. Sells off to $10.25 from 52-week high of $25.16.

Sinclair Broadcasting (SGBI) No news. Just another media company out of favor. Drops to $.90 from 52-week high of $10.03.

Douglas A. McIntyre

Posted on: March 16, 2009 – 3:16 pm in HI/LOW, , , ,

The 52-Week Low Club (MTG)(PLL)(ROCK)

bear7MGIC (MTG) Fitch puts company on negative watch list. Plunges to $.70 from 52-week high of $14.99.

Pall Corporation (PLL) Profit falls 19%. Drops to $18.20 from 52-week high of $43.19.

Gibraltar (ROCK)  Goldman Sachs says company could breach loan covenants. Sells off to $3.59 from 52-week high of $24.63.

Douglas A. McIntyre

Posted on: March 12, 2009 – 3:10 pm in HI/LOW, , ,

The 52-Week Low Club (LDK)(ABT)(EXC)(FMCN)

bear5LDK Solar (LDK) Write-down and poor forecast. Drops to $4.01 from 52-week high of $52.40.

Abbott Laboratories (ABT) No special news. Just drifting down. Falls to $44.51 from 52-week high of $59.95.

Exelon Corp (EXC) Analyst downgrade. Sells off to $38.41 from 52-week high of $92.13.

Focus Media  (FMCN) China-based advertising firm being hit like US counterparts. Drops to $4.84 from 52-week high of $46.92.

Douglas A. McIntyre

Posted on: March 11, 2009 – 2:56 pm in HI/LOW, , , ,

The 52-Week Low Club (MTG)(JCI)(CMTL)

oil1MGIC 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. Drops to $19.56 from 52-week high of $51.21

Douglas A. McIntyre

Posted on: March 10, 2009 – 3:11 pm in HI/LOW, , ,

The 52-Week Low Club (PQ)(LVS)(ANN)(HGSI)

sad_clown3Petroquest Energy (PQ) Now visible news. Shares drop to $.61 from a 52-week high of $29.18.

Las Vegas Sands (LVS) Chief operating officer is replaced. Sells off to $1.38 from 52-week high of $84.29.

Ann Taylor Stores (ANN) Retailer reports larger than expected loss. Dives to $2.41 from 52-week high of $29.23.

Human Genome Sciences (HGSI) Hepatitis drug disappoints. Hammered to $.52 from $8.

Douglas A. McIntyre

Posted on: March 9, 2009 – 3:22 pm in HI/LOW, , , ,