24/7 Wall St. » AXL

Top Day Trader Alerts (ALL, MO, AIG, AXL, DSCO, GRMN)

247wallst — Fri, 11 Sep 2009 13:03:10 +0000

These are this Friday’s top day trader alert stocks. We have more color and more detail on price and volume analysis linked through to each at VSInvestor.com:

AllState Corp. (NYSE: ALL) is holding up better than we would have expected considering a Goldman Sachs downgrade to Sell.

Altria Group Inc. (NYSE: MO) had unbelievable options trading yesterday, although it appears to be a dividend capture trade… over 1 million SEPT-2009 contracts were traded yesterday on that basis.

American International Group, Inc. (NYSE: AIG) is holding up rather well considering the downgrade. We have color on price channels and trading patterns on this one because of how sketchy this stock is.

American Axle (NYSE: AXL) is soaring by 17% on an upgrade, a rather tall task for a research call.

Discovery Laboratories Inc. (NASDAQ: DSCO) is up about 50% on an FDA review date.

Garmin Ltd. (NASDAQ: GRMN) may not be anywhere close to the old highs, but an analyst upgrade is helping it get close to challenging 52-week highs.

You can join our open email distribution list which goes out several times per week for top day trader alerts, top analyst upgrades and downgrades, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG
SEPTEMBER 11, 2009

Posted in After-Hours Activity, Pre-Market Activity, Trading Alert Tagged: AIG, ALL, AXL, DSCO, GRMN, MO

Top Analyst Upgrades (AXL, BRCD, CL, ELX, GRMN, PGR, Q, SLB, TTWO)

247wallst — Fri, 11 Sep 2009 12:12:39 +0000

These are this Friday’s top analyst upgrades, initiations, and positive research calls seen early from Wall Street:

American Axle (NYSE: AXL) Raised to Overweight at Barclays.
Brocade (NASDAQ: BRCD) Started as Outperform at Oppenheimer.
Colgate-Palmolive (NYSE: CL) Raised to Buy at Goldman Sachs.
Emulex (NYSE: ELX) Raised to Buy at Argus.
Garmin (NASDAQ: GRMN) Raised to Buy at BofA/Merrill Lynch.
Progressive (NYSE: PGR) Raised to Buy at Goldman Sachs.
Qwest (NYSE: Q) Raised to Market-Weight at Thomas Weisel.
Schlumerberger (NYSE: SLB) Raised to Buy at Goldman Sachs.
Take-Two Interactive Software (NASDAQ: TTWO) Started as Outperform at Wells Fargo.
Textron (NYSE: TXT) Raised to Overweight at Barclays.

You can join our open email distribution list which goes out several times per week if you wish to be notified by email when the top upgrades and downgrades are out, for top day trader alerts, IPO’s, key secondary offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted in Analyst Calls Tagged: AXL, BRCD, CL, ELX, GRMN, PGR, Q, SLB, TTWO

Top Analyst Downgrades (ALU, AXL, DIS, NOK, QCOM, VZ)

247wallst — Tue, 01 Sep 2009 12:05:44 +0000

These are this Tuesday’s early analyst downgrades and cautious research calls which we have seen from Wall Street research firms:

Alcatel-Lucent (ALU) Cut to Neutral at Credit Suisse.
American Axle (AXL) Cut to Hold at Deutsche Bank.
Disney (DIS) Cut to Hold at Lazard.
Nokia (NOK) Cut to Underperform at Credit Suisse.
QUALCOMM (QCOM) Cut to Neutral at Credit Suisse.
Verizon (VZ) Cut to HOLD at Auriga.

JON C. OGG

Posted in Analyst Calls Tagged: ALU, AXL, DIS, NOK, QCOM, VZ

Top Day Trader Alerts (SYMC, AKAM, XOM, VRNM, ARIA, AXL, TRMA)

247wallst — Thu, 30 Jul 2009 12:58:46 +0000

These are some of the top stocks to watch for active trading today based on pre-market and after-hours volume activity. There are links through to more detailed coverage and volume analysis at VSInvestor.com

Symantec Corp. (Nasdaq: SYMC) shares are getting hammered as the most active premarket issue on very poor earnings and metrics..

Akamai Technologies Inc. (Nasdaq: AKAM) down sharply on heavy volume after it missed expctations and guided lower for Q3.

Exxon Mobil Corp. (NYSE: XOM) shares are falling after poor earnings on lower revenue amid weaker demand.

Verenium Corp. (Nasdaq: VRNM) shres are one of the top percentage gainers on fairly strong volume on a BP cellulosic ethanol venture.

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) shares continue to climb on strong premarket volume, amid optimism for its drug pipeline.

American Axle & Manufacturing Holding Inc. (NYSE: AXL) shares are up strongly on discussions with lenders.

Trico Marine Services Inc. (TRMA) are one of the more uncommon premarket gainers, after it beat EPS expectations by 23 cents a share.

-The 24/7 Wall St. Team

Posted in Pre-Market Activity, Trading Alert Tagged: AKAM, ARIA, AXL, SYMC, TRMA, VRNM, XOM

Top Pre-Market Analyst Upgrades (AXL, ARCC, FSLR, F, GOOG, HOG, JBL, LEA, MYL, RYAAY, UL)

247wallst — Wed, 21 Jan 2009 07:43:18 +0000

These are some of the top upgrades and positive calls we have seen from analysts on Wall Street this Wednesday morning:

American Axle (AXL) Raised to Hold from Sell at Deutsche Bank.
Ares Capital Corporation (ARCC) Raised to Neutral from Underweight at JPMorgan.
First Solar (FSLR) Started as Buy at Merriman Curhan Ford.
Ford (F) Raised to Hold from Sell at Deutsche Bank.
Google (GOOG) Started as Outperform at JMP Securities.
Harley Davidson (HOG) Raised to Hold from Sell at Citigroup.
Jabil Circuit (JBL) Raised to Hold from Sell at Citigroup.
Lear (LEA) Raised to Hold from Sell at Deutsche Bank.
Mylan Labs (MYL) Started as Buy at Citigroup.
Ryanair (RYAAY) Raised to Buy from Neutral at UBS.
Unilever (UL) Raised to Buy from Hold at Citigroup.

Jon C. Ogg
January 21, 2009

Posted in Analyst Calls Tagged: ARCC, AXL, F, FSLR, GOOG, HOG, JBL, LEA, MYL, RYAAY, UL

Top Pre-Market Analyst Downgrades (AXL, AXP, COF, DRYS, EXPD, FII, F, LEA, SAP, TRW, VE, WAT)

247wallst — Fri, 12 Dec 2008 07:47:26 +0000

These are some of the top pre-market analyst downgrades and negative calls we are seeing this Friday morning:

American Axle (AXL) Cut to Sell at Deutsche Bank.
American Express (AXP) Started as Sell at Deutsche Bank.
Capital One (COF) Started as Sell at Deutsche Bank.
DryShips (DRYS) Cut to Underperform at Credit Suisse.
Expeditors International (EXPD) Cut to Sell at UBS.
Federated Investors (FII) Cut to Underweight at JPMorgan.
Ford (F) Cut to Sell at Deutsche Bank.
Lear (LEA) Cut to Sell at Deutsche Bank.
SAP AG (SAP) Cut to Hold at Jefferies.
TRW (TRW) Cut to Sell at Deutsche Bank.
Veolia (VE) Cut to Underweight at JPMorgan.
Waters (WAT) Downgraded at 3 firms: Baird, Deutsche Bank, & Leerink Swann.

Jon C. Ogg
December 12, 2008

Posted in Analyst Calls Tagged: AXL, AXP, COF, DRYS, EXPD, F, FII, LEA, SAP, TRW, VE, WAT

52-Week Low Club (AYE, AXL, APL, AUO, CHB, CMLS, GAP, MAC, MIR, RRI, SGLP, SWY, VRTU)

247wallst — Fri, 18 Jul 2008 14:29:00 +0000

Its Friday, and despite a fairly stable market today there were of course many 52-week lows. Some look like a mid-city explosion from news, and some are just the normal selling. As a reminder, some of these stocks are not under the 52-week lows at the time this published but these would have hit prior 52-week lows or traded under them on an intra-day basis.

Here is today’s list on the 52-week lows:

Allegheny Energy Inc. (NYSE: AYE)
American Axle & Manufacturing (NYSE: AXL)… gotta love those auto suppliers.
Atlas Pipeline Partners (NYSE: APL)
AU Optronics Corp. (NYSE: AUO) hit but didn’t stay under low
Champion Enterprises (NYSE: CHB) again from yesterday
Cumulus Media Inc. (NASDAQ: CMLS)
Great Atlantic Pacific & Tea (NYSE: GAP)… who says food is safe???
Macerich (NYSE: MAC) downgrade
Mirant (NYSE: MIR)
Reliant Energy Inc. (NYSE: RRI)
Semgroup Energy (NASDAQ: SGLP) battered again after parent woes.
Safeway Stores Inc. (NYSE: SWY)… who says food is safe???
Virtusa Corp. (NASDAQ: VRTU) on downgrade

Jon C. Ogg
July 18, 2008

Top 10 Pre-Market Analyst Calls (AG, AXL, BUD, ASTI, CMG, EIX, EXC, GM, GSK, NCR)

247wallst — Tue, 27 May 2008 06:34:11 +0000

These are ten of the analyst calls we are focusing on this Tuesday morning:

AGCO Corp. (NYSE: AG) Raised to Outperform from Neutral at Credit Suisse.
American Axle (NYSE: AXL) raised to Buy at Citigroup.
Anheuser-Busch (NYSE: BUD) cut to Hold at Deutsche Bank.
Ascent Solar Tech (NASDAQ: ASTI) Started as Outperform at Cowen.
Chipotle Class (NYSE: CMG) Started as Overweight at JPMorgan.
Edison International (NYSE: EIX) Cut to Neutral from Buy at Goldman Sachs.
Exelon Corp. (NYSE: EXC) Raised to Buy from Neutral at Goldman Sachs.
General Motors (NYSE: GM) cut to Hold at Citigroup.
GlaxoSmithKline (NYSE: GSK) Cut to Underweight at Morgan Stanley.
NCR Corp (NYSE: NCR) started as Overweight at Lehman Brothers.

Jon C. Ogg
May 27, 2008

Top 10 Pre-Market Analyst Calls (AXL, JCI, RATE, CBEY, DISCA, ETFC, FNM, KBR, RIMM, UAUA, VNR)

247wallst — Mon, 03 Dec 2007 08:04:01 +0000

These are not the only impact analyst calls this morning, but these are the ones that 24/7 Wall St. is focusing on:

American Axle (AXL) & Johnson Controls (JCI) both downgraded to Equal Weight at Lehman.
Bankrate (RATE) raised to Buy at Merriman Curhan Ford.
Cbeyond (CBEY) raised to Outperform at Wachovia.
Discovery (DISCA) raised to Outperform at Wachovia.
E*Trade (ETFC) downgraded to Sell from Neutral at B of A.
Fannie Mae (FNM) estimates cut sharply at Goldman Sachs.
KBR (KBR) raised to Buy at UBS.
Research in Motion (RIMM) downgraded to Market Perform at Morgan Keegan.
UAL (UAUA) downgraded to Equal Weight at Lehman.
Vanguard Natural Resources (VNR) started as Buy at Jefferies.

Jon C. Ogg
December 3, 2007

Cramer’s Stock Trades For Busting The Unions (GM, F, AXL, TTM)

247wallst — Mon, 01 Oct 2007 17:33:08 +0000

On tonight’s MAD MONEY on CNBC, Jim Cramer said he believes that the market is going to go higher and is on its way to his 14,548 DJIA target, give or take a couple hundred points. Cramer believes that Union-busting is taking place after the UAW gave in against General Motors recently.

Cramer wants to see how to profit off of the declining unions in business. Ford (NYSE:F) is where Cramer thinks the unions will lose out in favor of business next, and they are even more leveraged to a change in pay scales. If GM got a great deal, he thinks that Ford can get a great deal too. Cramer thinks that since Ford is lower than when the GM-UAW deal was announced that you can buy this stock since they will all have far lower medical insurance and benefit costs. Cramer also noted that Mulully took on the Boeing unions before and won. This could make the Rover, Volvo, and Jaguar units jump to massively higher sales prices. Shares of Ford rose 2.4% in after-hours trading after a 3% drop today.

American Axle & Manufacturing (NYSE:AXL) should see the same sort of win that GM saw since its UAW contract comes up for renewal in early 2008. This one may benefit even more than GM and could see major gains as a result of new labor pacts. This one only has a $1.35 Billion market cap and Cramer thinks it could see significant earnings upside in 2008.

In a call-in, Cramer said he cannot recommend Tata Motors (NYSE:TTM) ADR’s since it has run 30%, and he definitely does not want to see Tata be the acquirer of Rover and/or Jaguar from Ford. You can bet that luxury car buyers don’t want that either.

Other significant previous Cramer calls worth noting:

Cramer’s TOP 9 Picks For 2007;
Cramer’s recent buyout picks in Canadian Oil Trusts;
Cramer’s TOP CHINA PICKS;
Cramer’s stock picks on the weak dollar;
Cramer’s "New Four Horsemen of tech";
Cramer recently called the market "Open Buying Season" in the market.

Jon C. Ogg
October 1, 2007