Posts for Ticker ‘BBY’

The Unusual Suspects (ADBE, AIXG, GME, HAS, BBY, CIEN, LGF, ORCL, OSIP, PALM, SOMX, TEVA, TIF, CSCO, PFE, AMGN, RIMM)

This week is a jam packed list full of the Unusual Suspects.  We have many earnings reports, enough that we had to screen out some, and we have many issues to watch for news, charts, and coming developments to watch. This week’s list of Unusual Suspects is Adobe Systems Inc. (NYSE: ADBE), Aixtron Aktiengesellschaft (NASDAQ: AIXG), GameStop Corp. (NYSE: GME), Hasbro Inc. (NYSE: HAS), Best Buy Co. Inc. (NYSE: BBY), Ciena Corp. (NASDAQ: CIEN), Lions Gate Entertainment Corp. (NYSE: LGF), Oracle Corp. (NASDAQ: ORCL), OSI Pharmaceuticals Inc. (NASDAQ: OSIP), Palm, Inc. (NASDAQ: PALM), Somaxon Pharmaceuticals Inc. (NASDAQ: SOMX), Teva Pharmaceutical Industries Limited (NASDAQ: TEVA), and Tiffany & Co. (NYSE: TIF).

In this issue you will see detailed previews, coming expectations. relevant price and trading ranges, chart data, and other color for each situation where applicable.

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Next Week’s Can’t Miss Earnings (TIF, WSM, CCL, RCL, WAG, ADBE, RHT, BBY, LULU, ORCL, CSCO)

Next week actually has some key earnings despite the notion that earnings season is over.  We have many tied to retail due to the notion that most stock sin the national retail group have an off quarter that ends a month later for its fiscal year compared to most because of the nature of retail trends around Christmas and into January.  We are looking at earnings of Tiffany & Co. (NYSE: TIF), Williams-Sonoma Inc. (NYSE: WSM), Carnival Corp. (NYSE: CCL), Walgreen Co. (NYSE: WAG), Adobe Systems Inc. (NYSE: ADBE), Red Hat Inc. (NYSE: RHT), Best Buy Co. Inc. (NYSE: BBY), Lululemon Athletica Inc. (NASDAQ: LULU), and Oracle Corp. (NASDAQ: ORCL).

We have listed basic estimates from Thomson Reuters and we have then listed prices, estimates ranges, valuation, and other key metrics on each where applicable.

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Top 10 Analyst Upgrades and Downgrades (BBY, CPSI, DTV, HAL, PALM, RIMM, SLB, SPLS, SYNA, WFT)

These are ten of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls:

Best Buy Co. Inc. (NYSE: BBY) Raised to Buy at Goldman Sachs.
Computer Programs & Systems Inc. (NASDAQ: CPSI) Raised to Hold at Auriga.
DIRECTV (NYSE: DTV) Cut to Hold at Citigroup.
Halliburton Company (NYSE: HAL) Started as Perform at Oppenheimer.
Palm Inc. (NASDAQ: PALM) Cut to Sell at Kaufman Bros.; Cut to Underperform at Morgan Joseph.  Canaccord Adams cut the target to ZERO.
Research-in-Motion (NASDAQ: RIMM) Started as Buy at Wunderlich.
Schlumberger Ltd. (NYSE: SLB) Started as Outperform at Oppenheimer.
Staples, Inc. (NASDAQ: SPLS) Started as Buy at BB&T.
Synaptics (NASDAQ: SYNA) Cut to Perform at Oppenheimer.
Weatherford International Ltd. (NYSE: WFT) Cut to Hold at Jefferies.

You can join our free daily email distribution list to hear more about dividend trends, analyst upgrades and downgrades, top day trader and active trader alerts, news on Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

Top 10 Analyst Upgrades and Downgrades (ACN, BUD, BBY, SCHW, FSLR, INFY, KNOT, LIZ, DIS, WBMD)

These are Friday’s top analyst upgrades, downgrades, and initiations we have seen from Wall Street research calls this morning:

Accenture plc (NYSE: ACN) Cut to Sell at Kaufman Bros.
Anheuser-Busch (NYSE: BUD) Cut to Hold at Stifel Nicolaus.
Best Buy Co. Inc. (NYSE: BBY) Started as Market Outperform at JMP Securities.
Charles Schwab (NASDAQ: SCHW) Raised to Neutral from Sell at Goldman Sachs.
First Solar, Inc. (NASDAQ: FSLR) Cut to Neutral at Merriman Curhan Ford; Cut to Hold at ThinkEquity.
Infosys Technologies (NASDAQ: INFY) Raised to Buy at Kaufman Bros.
The Knot, Inc. (NASDAQ: KNOT) Cut to Hold at Stifel Nicolaus.
Liz Claiborne Inc. (NYSE: LIZ) Raised to Buy at KeyBanc.
Walt Disney Co. (NYSE: DIS) Started as Buy at Jefferies.
WebMD (NASDAQ: WBMD) Raised to Buy at Citigroup.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG
FEBRUARY 19, 2010

Top 10 Analyst Upgrades and Downgrades (AKS, AMZN, BBY, HGSI, JNJ, KFT, MS, TWX, X, VZ)

These are this Wednesday’s top 10 analyst calls for upgrades, downgrades, and initiations seen in Wall Street research:

AK Steel (NYSE: AKS) Raised to Buy at Goldman Sachs.
Amazon.com (NASDAQ: AMZN) Raised to Buy/$155 target at Kaufman Bros.
Best Buy Co. (NYSE: BBY) Raised to Buy at Rochdale Securities.
Human Genome Sciences (NASDAQ: HGSI) Started as Outperform at RBC Capital.
Johnson & Johnson (NYSE: JNJ) Raised to Outperform at Leerink Swann.
Kraft Foods (NYSE: KFT) Raised to Buy at Stifel Nicolaus.
Morgan Stanley (NYSE: MS) Raised to Outperform at Willaim Blair.
Time Warner Inc. (NYSE: TWX) Started as Outperform at RBC Capital.
United States Steel (NYSE: X) Cut to Neutral at Goldman Sachs; Cut to Hold at Citigroup.
Verizon Communications (NYSE: VZ) Cut to Market Perform at FBR Capital.

You are invited to join our free daily email distribution list to hear about top analyst upgrades and downgrades, IPOs and secondary offerings, ongoing day trader and options trader alerts, stock and market rumors, Buffett and guru investor news, M&A and more.

JON C. OGG

Neiman Marcus And Sears Crushed In New E-Commerce Survey

Customer satisfaction with the e-commerce operations at Neiman Marcus and Sears (NASDAQ:SHLD) was particularly bad this shopping season based on research covering the 40 largest US retailers based on internet revenue. The poll results come from a survey of 10,000  respondents who visited the websites in November and December, according to research firm ForeSee.

The e-commerce satisfaction index ForeSee created has a maximum score of 100. Read More »

The Problem With Late Research, Or No Research At All

comScore, which measures online consumer behavior, is among the best companies at analyzing traffic to websites.  comScore also decodes what people do when they get to their online destinations. The value of the data is fleeting, though. The internet is forever changing as the habits of people and businesses using the web move in new directions every day. Some websites lose popularity while others gain it.

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No Further Holiday Price Discounts

The fun part of the holiday season that involves getting things on sale may be ending. Retailers have managed their inventories better than they did last year. Large stores will not be stuck with huge numbers of shelves of unsold gifts. That means that price cuts have already been made and that last-minute markdowns are not coming. Read More »

Top 10 Analyst Upgrades, Downgrades, Initiations (AXP, BBY, CCL, SCHW, CB, EIX, BEN, RCL, TROW, X)

These are Wednesday’s top ten analyst upgrades, downgrades, and initiations seen from Wall Street research calls:

American Express Co. (NYSE: AXP) Started as Outperform at Wells Fargo.
Best Buy Co. (NYSE: BBY) Cut to Sell at Societe Generale.
Carnival Corp. (NYSE: CCL) Raised to Overweight at JPMorgan.
Charles Schwab (NASDAQ: SCHW) Raised to Buy at Deutsche Bank.
Chubb Corp. (NYSE: CB) Started as Outperform at Oppenheimer; Started as Buy at Deutsche Bank.
Edison International (NYSE: EIX) Cut to Neutral at Credit Suisse.
Franklin Resources (NYSE: BEN) Cut to Hold at Deutsche Bank.
Royal Caribbean Cruise (NYSE: RCL) Raised to Overweight at JPMorgan.
T. Rowe Price (NASDAQ: TROW) Raised to Buy at Deutsche Bank.
US Steel (NYSE: X) Raised to Buy at KeyBanc.

You can sign up for our free daily email to hear more news on key analyst calls, top day trader alerts, mergers and acquisitions, Buffett and other investment gurus, IPOs, secondary offerings, private equity, and more.

JON C. OGG

The Biggest Online Winners And Losers For 2009: EBay Traffic Collapse

Some of the largest websites in the country had extraordinary swings in their audiences in 2009. Many of the most well-known web destinations lost large portions of their traffic

Based on data from Hitwise comparing US traffic market share from January to figures from November Ebay (NASDAQ:EBAY) lost 37% of its visitors. Craigslist lost 43% of its traffic, making it the largest loser among the top 25 sites. Neither number is surprising. Ebay’s earnings have been lackluster. Classified postings for apartments and jobs at Craigslist may have been hurt by the recession. Read More »

Media Digest 12/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Galleon’s Raj Rajaratnam was indicted for securities fraud.

Reuters:   Concerns about interest rates hurt the markets.

Reuters:   Inconix broke off buyout talks with Playboy (NYSE:PLA).

Reuters:   Credit Suisse (NYSE:CS) settled a US probe. Read More »

The Unusual Suspects (ADBE, BBY, NKE, ORCL, RIMM, AMZN, AXA, BMY, MJN, OSIP, UUP, V, WFC)

The second half of December is supposed to be when trading volume starts slowing down.  That does not look to be the case for this coming week, and this list of the unusual suspects is packed with many major stocks and events.  We actually have a mini-version of earnings season with companies like Adobe Systems Inc. (NASDAQ: ADBE), Best Buy Co. Inc. (NYSE: BBY), Nike Inc. (NYSE: NKE), Oracle Corp. (NASDAQ: ORCL), and Research-in-Motion Ltd. (NASDAQ: RIMM).  There is also significant event-driven trading that will be present around Amazon.com, Inc. (NASDAQ: AMZN), AXA (NYSE: AXA), Bristol-Myers Squibb Co. (NYSE: BMY), Mead Johnson Nutrition Company (NYSE: MJN), OSI Pharmaceuticals Inc. (NASDAQ: OSIP), PowerShares DB US Dollar Index Bullish (NYSE: UUP), Visa, Inc. (NYSE: V), and Wells Fargo & Co. (NYSE: WFC).

We have compiled detailed data on each company.  For earnings we have offered Thomson Reuters estimates, trend and valuation analysis, as well as other key color on what to watch out for.  On the other event-driven situations, we have offered color on each and assigned a handicapping for what the stocks are likely to do on Monday or at the event.
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Amazon.com: As Cramer and Others Get Too Bullish (AMZN, WMT, BBY)

It is impossible to argue against the success of Amazon.com Inc. (NASDAQ: AMZN) as a company, and it is also impossible to say that the stock is not on fire.  After all, 52-week highs AND all-time highs are the greatest measurement a stock can get.  The problem here is that this last run has so many investors excited that the metrics for valuing Amazon are starting to resemble the great tech bubble all over again, at least for a time of “the new normal.”  And Wednesday night’s tout from Jim Cramer on CNBC’s “Mad Money” said Amazon has another 74 points of upside.

The problem is that if you take the math used to get there, consider where this stock has been, consider the outside forces, and add in just a few small risk factors, this figure gets more than difficult to justify in almost any scenario short of a 2010 stock market that can repeat the gains seen in 2009.
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Amazon (AMZN) Extends Its Lead As Top Holiday Commerce Site

Measurements from online research site Experian Hitwise show that Amazon (NASDAQ:AMZN) has been the most visited e-commerce site during the holiday shopping season since 2006. It is in the process of extending that lead and its dominance of the category.

Hitwise reports that visits to the top 500 e-commerce sites actually dropped 9% this “Cyber Monday” compared with the same day last year. Read More »

The Renaissance Of E-Commerce (M)(JWN)(AMZN)(WMT)(TGT)

There are bits of research that say holiday e-commerce sales rose in the double digits over the Thanksgiving weekend and did even better on Monday. E-commerce sales have risen as a total percentage of retail revenue since 1995, the year Amazon.com (NASDAQ:AMZN) was founded. Online sales are about 10% of total retail sales at this point. The rumors that growth was dying in the e-commerce industry began to circulate late last year when it became clear that both internet and bricks-and-mortar holiday sales numbers would drop from 2007. Online holiday buying activity had to keep a better pace than store-based sales for the theory of its bright future to hold. The internet has not changed anything meaningful about the American consumer’s basic buying habits otherwise.

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Amazon (AMZN) And Apple (AAPL) Big Black Friday Online Winners

Most people would guess that Amazon (NASDAQ:AMZN) and Apple (NASDAQ:AAPL) would do well this holiday season–better than their respective competitors.

Thanksgiving e-commerce traffic is that the online sales site and consumer electronics paragon have behaved as expected.

According to online research firm Hitwise, “The top visited Retail Website on Black Friday 2009 was Amazon receiving  13.55 % of U.S. visits among the top 500 Retail Web sites.” The Apple Store had the largest increase in visits among the Top Twenty sites, up 110%. Mac, iPhone, and iPod sales may be better than most analysts expect. Read More »

A Mediocre Start For Retail On Black Friday

The fears about 2009 holiday sales may be coming true. Early research shows that retail activity was flat and in some regions fell sharply.

ShopperTrak reports that dollar sales for the first day of the holiday retail season were only up .5% to $10.66 billion. But, in the population-heavy Northeast they fell 4.9%. Read More »

Media Digest 11/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Japan raised the idea that the G7 make a statement about the dollar.

Reuters:   Shoppers move into Black Friday with small budgets.

Reuters:   Dubai’s debt crisis raised the prospect of more trouble in the financial markets.

Reuters:   ING will make a $11 billion rights offering at a large discount. Read More »

Retail Gimmicks More Fine-Tuned for Black Friday (AAPL, AMZN, WMT, BBY, COST, TGT, KSS, M, JWN)

Black Friday is under 48 hours away.  We have seen much data and much analysis out there on the topic, but there are two fairly easy conclusions here…. well, make it three.  First is that consumers are going to get deals galore.  The add-in third notion, or the second, is that inventories at stores will be very low and many items may have to be bought online (with free or low-priced shipping to boot).  But the big conclusion here is that it seems a foregone conclusion that the great deals and (quasi-) price matching and free shipping offered by retailers are still likely to create margin pressure for the retailers even if they have strong sales.

This is a sampling review of some of the promotions from major retailers.  No particular order has been given.  Apple, Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN) are worth noting, but the major retailers featured are Wal-Mart Stores Inc. (NYSE: WMT), Best Buy Co. (NYSE: BBY), Costco Wholesale Corporation (NASDAQ: COST), Target Corp. (NYSE: TGT), Kohl’s Corp. (NYSE: KSS), Macy’s, Inc. (NYSE: M), and Nordstrom Inc. (NYSE: JWN).
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Wal-Mart (WMT) Big Winner In Online Holiday Shopping Traffic

More than 13% of people who went to the top 500 retail websites went to Walmart.com for the week ending November 21. The number was up 77% from the previous week, which is not strange because interest in buying holiday gifts should be about to peak.

What is surprising about the numbers from online research firm Experian Hitwise is that Amazon (NASDAQ:AMZN) did not do nearly as well, a sign that bricks-and-mortar companies may have an advantage over online stores because of their decades-old brands. Visits to Amazon.com were only .87% of total visits and that number was off 44% from the week before. Read More »