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Top 10 Analyst Upgrades and Downgrades (ADSK, BA, BEAV, EXC, OXPS, RCL, UNH, TROW, WU, AUY)

247wallst — Mon, 27 Jul 2009 11:45:13 +0000

These are this Monday morning’s top ten Wall Street analyst upgrades, downgrades, and initiations we have seen with close to 2 hours until the market opens:
Autodesk (ADSK) Cut to Hold at Deutsche Bank.
Boeing (BA) Cut to Equal Weight at Barclays.
BE Aerospace (BEAV) Raised to Outperform at FBR.
Exelon (EXC) Cut to Hold at KeyBanc.
OptionsXpress (OXPS) Raised to Neutral from Sell at Merriman Curhan Ford.
Royal Caribbean (RCL) Raised to Buy at S&P.
UnitedHealth (UNH) Raised to Outperform at Credit Suisse.
T. Rowe Price (TROW) Raised to Market Perform at FBR.
Western Union (WU) Started as Buy at Citigroup.
Yamana Gold (AUY) Cut to Sector Perform at CIBC.

Jon C. Ogg
July 27, 2009

Posted in Analyst Calls Tagged: ADSK, AUY, BA, BEAV, EXC, OXPS, RCL, TROW, UNH, WU

Day Trader Alerts (IMMR, DROOY, GOLD, AU, AUY, SPPI, AMAG, UBS, CS, OSK, FRPT, NAV, MYGN)

247wallst — Wed, 01 Jul 2009 13:35:27 +0000

We have provided links through on our day trading alerts page this morning. Each stock is seeing active trading right before the open and brief explanations and analysis are offered at VSInvestor.com:

Immersion Corp. (Nasdaq: IMMR) is getting whacked down on an investigation into previous revenue transactions in its medical business.
Speculative gold stocks DROOY, GOLD, AU, AUY were up on active interest with commodities.
Spectrum Pharmaceuticals Inc. (Nasdaq: SPPI) Inc. shares were indicated lower after the company raised capital from institutional investors.
AMAG Pharmaceuticals Inc. (Nasdaq: AMAG) is trading higher after the FDA approved the company’s Feraheme drug as an iron replacement therapy.
Watch UBS AG (NYSE: UBS) and Credit Suisse (NYSE: CS) on Swiss-US tax issues may be closer to abating.
Premarket Alert: Watch defense contractors on contract news (OSK, FRPT, GD, NAV)…
Myriad Genetics (NASDAQ: MYGN) is getting destroyed on its deep revenue warning.

You can check each morning at VSInvestor.com for earlier pre-market indications in stocks on the move you might not have seen.

Jon C. Ogg

Posted in Trading Alert Tagged: AMAG, AU, AUY, CS, DROOY, FRPT, gold, IMMR, MYGN, NAV, OSK, SPPI, UBS

Gold Miners Staging Breakouts (GDX, AU, GOLD, RGLD, ABX, AUY, GG, NEM)

247wallst — Fri, 29 May 2009 14:16:34 +0000

Gold has been making a serious comeback and many are talking about the $1,000 per ounce level again as being ahead shortly. This latest run is with energy prices screaming, the US Dollar getting pounded again, and with the fears that all this new money being printed is going to create much higher inflation down the road. When gold was making the same sort of run to $1,000 earlier this year, that was because of the fear premium. The other difference is that in this move, we are now starting to see a technical break-out on the charts of some of the top gold miners that trade in the U.S. that are actually global operations. The Market Vectors Gold Miners ETF (NYSE: GDX) was up 4% at $44.45 in early trading, and its 52-week trading range is $15.83 to $51.84. Two gold stocks are making key break-outs: AngloGold Ashanti Ltd. (NYSE: AU) and Randgold Resources Limited (NASDAQ: GOLD). Other large gold mining leaders are lagging, but you have to wonder how long that will last if the stock market stays strong and if the interest in the re-flation trade stays high.

Barrick Gold Corporation (NYSE: ABX) is the biggest component of the Gold Miners ETF, and it is the farthest off of its 52-week high. While shares are up over 3% at $38.45, its 52-week range is $$17.27 to $52.48. Yamana Gold, Inc. (NYSE: AUY) is also lagging. Even with a 3.5% gain to $11.52 today, its 52-week trading range is $3.31 to $17.00. Goldcorp Inc. (NYSE: GG) is another large component in the gold miners ETF, and with a near-3% gain to $39.80 it is still well under its top-range with a 52-week range of $13.84 to $52.65. Even with a 2% gain in Newmont Mining Corp. (NYSE: NEM) to $48.59, its shares are under the highs as its 52-week range is $21.17 to $53.77.

AngloGold Ashanti Ltd. (NYSE: AU) is one of the top components in this ETF and its shares are up over 3% at $42.14; the 52-week trading range WAS $13.37 to $40.98.

Randgold Resources Limited (NASDAQ:GOLD) is trading up 2.5% at $71.65; its 52-week trading range is $22.28 to $70.46.

Royal Gold Inc. (NASDAQ: RGLD) is more of a royalty company, but it has very much of a cult following. This is trading up 1.3% at $46.45 this morning and its 52-week range is $22.75 to $49.81.

Whether this run is justified or whether it has run too much is one thing. But if it lasts, we’d be looking for some of the leaders in the sector with underperforming stocks to play the big catch-up game in the sector.

Jon C. Ogg
May 29, 2009

Posted in Commodities, ETF, Metals Tagged: ABX, AU, AUY, GDX, GG, gold, NEM, RGLD

Best Performing Sectors In Last Month: Hotel REITs, Home Furnishings, Car Rentals

247wallst — Fri, 24 Apr 2009 13:54:18 +0000

Based on the TickerSpy index of major industry sectors, hotel REITs had the best performance of any group measured, up almost 60%. At the head of the industry were Diamondrock (DRH) and LaSalle Hotel (LHO).

Home Furnishing Retail was a closed second, up 55% lead by Pier 1 (PIR) and Kirklands (KRK).

Over the last month, the Vehicle Rental sector was higher by 50%. AvisBudget (CAR) and Hertz (HTZ) help push up this industry group.

The biggest loser in the last month was Gold and Silver stocks with the largest companies in the sector being Agnico Eagle (AEM) and and Yamana Gold (AUY)

Data from Tickerspy.

Douglas A. McIntyre

Posted in Metals, REIT Tagged: AEM, AUY, CAR, DRH, HTZ, KRK, LHO, PIR

Top 10 Pre-Market Analyst Upgrades & Downgrades (ALTR, AMZN, BCE, BIIB, LEAP, PDLI, CLUB, VAR, AUY)

247wallst — Mon, 05 Jan 2009 07:36:22 +0000

It is still fairly thin in analyst upgrades and downgrades as this week marks the return of investment banking and research departments from what is nearly a two-week hiatus. Here are the few stand-out calls we have seen early this morning with more than two hours to the open:

Altera (NASDAQ: ALTR) Raised to Outperform at Wachovia.
Amazon.com (NASDAQ: AMZN) Raised to Overweight at JPMorgan.
BCE (NYSE: BCE) Cut to Sector Perform at Scotia.
Biogen Idec (NASDAQ: BIIB) Cut to Neutral at JPMorgan.
Leap Wireless (NASDAQ: LEAP) Raised to Outperform at Wachovia.
PDL BioPharma (NASDAQ: PDLI) Raised to Neutral at JPMorgan
Town Sports International (NASDAQ: CLUB) Cut to Neutral at Piper Jaffray.
Varian Medical Systems (NYSE: VAR) Cut to Perform at Oppenheimer.
Yamana (NYSE: AUY) Cut to Buy at TD.

Jon C. Ogg
January 5, 2009

Posted in Analyst Calls Tagged: ALTR, AMZN, AUY, BCE, BIIB, CLUB, LEAP, PDLI, VAR

Top Pre-Market Analyst Upgrades (AMZN, AMAT, NILE, CECE, DCP, GPN, RHT, AUY, YRCW)

247wallst — Thu, 04 Dec 2008 07:58:53 +0000

These are some of the top pre-market analyst upgrades we have seen this Thursday morning:

Amazon.com (AMZN) Raised to Overweight at Barclays.
Applied Materials (AMAT) Raised to Buy at Citigroup.
Blue Nile (NILE) Raised to Overweight at Barclays.
CECO Environmental (CECE) Started as Buy at Cantor Fitzgerald.
DynCorp (DCP) Started as Buy at Stanford.
Global Payments (GPN) Raised to Buy at Goldman Sachs.
Red Hat (RHT) Raised to Buy at Jefferies.
Yamana Gold (AUY) Started as Outperform ar Raymond James.
YRC Worldwide (YRCW) Raised to Neutral at JPMorgan.

Jon C. Ogg
December 4, 2008

Posted in Analyst Calls Tagged: AMAT, AMZN, AUY, CECE, DCP, GPN, NILE, RHT, YRCW

Top 10 Pre-Market Analyst Upgrades & Downgrades (RE, FIG, PRE, SGEN, TROW, AUY, NT, RICK, RDS.A, X)

247wallst — Mon, 27 Oct 2008 06:50:49 +0000

These are ten of the top analyst upgrades and downgrades we have seen this Monday morning with about 2 hours to the the open:

Everest Re (RE) to Outperform at Wachovia.
Fortress Investment (FIG) Raised to Hold from Sell at Citigroup.
PartnerRe (PRE) Raised to Outperform at Wachovia.
Seattle Genetics (SGEN) Raised to Outperform at Oppenheimer.
T. Rowe Price (TROW) Raised to Outperform at KBW; raised to Outperform at Wachovia.
Yamana Gold (AUY) Raised to Outperform at CIBC.
Nortel (NT) Cut to Neutral at UBS.
Rick’s Cabaret (RICK) Cut to Neutral at Merriman Curhan Ford.
Royal Dutch Shell (RDS.A) Cut to Underperform at Credit Suisse.
US Steel (X) Cut to Sell at UBS.

Jon C. Ogg
October 27, 2008

Posted in Analyst Calls Tagged: AUY, FIG, NT, PRE, RDS.A, RE, RICK, SGEN, TROW, X

Early-Bird Analyst Upgrades (DLTR, HTX, KLAC, ORLY, TSRA, AUY)

247wallst — Wed, 20 Aug 2008 06:39:00 +0000

These are some of the early analyst upgrades or positive calls we are seeing this Wednesday in early pre-market hours:

Dollar Tree (DLTR) Raised to Buy at S&P.
Hutchinson Telecom (HTX) Raised to Buy at Citigroup.
KLA-Tencor (KLAC) Raised to Overweight at HSBC.
O’Reilly Automotive (ORLY) Raised to Overweight at JPMorgan.
Tessera Technologies (TSRA) Raised to Outperform at FBR.
Yamana Gold (AUY) Raised to Outperform at RBC.

JON C. OGG
August 20, 2008

Five Big Winners For A Crummy Day (BBBY, NVO, SWHC, S, AUY)

247wallst — Thu, 26 Jun 2008 16:03:34 +0000

Chances are that if you weren’t short selling all day, this was another ugly summer day that made you want to panic. Covering the market wasn’t any more fun either. But imagine that there were some key stock winners on a day where oil breaks above $140.00 per barrel and when the DJIA, NASDAQ, and S&P 500 were all down roughly 3%. You might think you’d have to be Dr. Pangloss for any positive takes, but here are a few key stock winners:

Bed Bath & Beyond Inc. (NASDAQ: BBBY) closed up 4.27% at $29.79 after beating earnings the night before. We saw nearly triple the volume with more than 14.3 million shares traded. Earnings were down from the prior year but still better than analysts were expecting. You just know their customer base isn’t going to stay at home forever, recession or not….

Novo Nordisk A/S (NYSE: NVO) was another standout winner, and it is amazing that the volume on this diabetes winner has remained so low. The Danish drug company is often one of the few winners on crummy days as their diabetes treatments are above and beyond all. Shares closed up 2.8% at $67.85. While 480,000 shares isn’t as actively traded as many key US drug stocks, it is nearly double a normal day for NVO shares. Recession or no recession, that insulin for diabetics has to keep coming and it has to keep getting better and better.

Smith & Wesson Holding Corp. (NASDAQ: SWHC) rose by 6.6% to $5.45 today on more than double volume of 1.66 million shares. And it wasn’t because we all have to buy guns to fight off the economically challenged. The Supreme Court overturned a handgun ban in Washington D.C. by a 5-4 decision, ruling that the district’s handgun laws violated the Second Amendment by denying individuals the right to own guns.

Sprint Nextel Corp. (NYSE: S) bucked the day’s trends after it said that the recently launched touch screen Samsung Instinct smart phone broke company sales records in its first week in stores. If there was a phone company that needed a rally, it’s Sprint. Shares closed up almost 3.4% at $8.84 on almost twice the normal trading volume with more than 64 million shares trading hands.

Yamana Gold Inc. (NYSE: AUY) was the volume leader in major gold stocks today. With a weakening dollar and oil cruising past $140/barrel, you know the gold bugs were winning today. We saw more than a 3% gain to back above $900/ounce for gold today. Yamana shares were up 6.8% at $15.61 on over 21.4 million shares, almost twice its average daily volume.

Interestingly enough, none of the major integrated U.S. oil companies rose today. Even that huge list of DEFENSIVE STOCKS FOR A CRUMMY MARKET failed to perform again today.

Jon C. Ogg
June 26, 2008

Top 10 Pre-Market Analyst Calls (ATI, AIV, DELL, GPS, JTX, KSU, NDAQ, PRU, SIRI, AUY)

247wallst — Fri, 04 Apr 2008 06:38:53 +0000

These are not the only analyst calls impacting stocks, but these are the top analyst calls that 247WallSt.com is focusing on this Friday in pre-market trading:

Allegheny Tech (NYSE: ATI) cut to Neutral from Outperform at Cowen & Co.
Apartment Investment (NYSE: AIV) Cut to Neutral from Outperform at Credit Suisse.
Dell Inc. (NASDAQ: DELL) Cut to Neutral from Buy at Goldman Sachs.
Gap Inc (NYSE: GPS) Cut to Neutral from Outperform at Credit Suisse.
Jackson Hewitt (NYSE: JTX) Raised to Buy from Neutral at Goldman Sachs.
Kansas City Southern (NYSE: KSU) Cut to Neutral from Buy at UBS.
NASDAQ OMX (NASDAQ: NDAQ) Started as Neutral at UBS.
Prudential Financial (NYSE: PRU) Raised to Overweight from Underweight at Lehman.
Sirius Satellite Radio (NASDAQ: SIRI) cut to Neutral from Outperform at Credit Suisse.
Yamana Gold (NYSE: AUY) raised to Buy at UBS.

Jon C. Ogg
April 4, 2008