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Top Day Trader Alerts (CHTT, BMY, POT, MOS, MOO, PALM)

247wallst — Mon, 21 Dec 2009 14:09:27 +0000

These are this Monday’s top day trader and active trader alert stocks with a link through to each story at VSInvestor.com for more detailed data and analysis:

Chattem Inc. (NASDAQ: CHTT) is the biggest gainer on its buyout.

Bristol-Myers Squibb (NYSE: BMY) is likely to see a return to normal volume now that the DEC-2009 options have expired and now that the spin-off and index rebalance trades took place.

Potash Corp. (NYSE: POT) and Mosaic Co. (NYSE: MOS) are both higher after last week’s weakness after Goldman Sachs raised the ratings this morning. We are watching the Market Vectors Agribusiness ETF (NYSE: MOO) on this as well.

Palm Inc. (NASDAQ: PALM) is up about 1% after an analyst defended it with a valuation-based upgrade.

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JON C. OGG

Posted in Pre-Market Activity, Trading Alert Tagged: BMY, CHTT, MOO, MOS, PALM, POT

Top 10 Analyst Upgrades and Downgrades (APD, CHTT, CTXS, FCX, PLAB, QCOM, SAP, PCU, STM, HOT)

247wallst — Wed, 08 Jul 2009 11:16:25 +0000

These are the top ten pre-market analyst upgrades, downgrades, and initiations we have seen from Wall Street analysts this Wednesday morning with about two and a half hours until the market opens:

Air Products (APD) Raised to Buy at KeyBanc.
Chattem (CHTT) Cut to Hold at Jefferies.
Citrix Systems (CTXS) Cut to Perform at Oppenheimer.
Freeport-McMoRan (FCX) Raised to Buy at Citigroup.
Photronics (PLAB) Raised to Buy at UBS.
Qualcomm (QCOM) Started as Outperform at Morgan Keegan.
SAP (SAP) Raised to Buy at Jefferies.
Southern Copper (PCU) Raised to Hold at Citigroup.
STMicro (STM) Raised to Buy at BofA/Merrill.
Starwood Hotels (HOT) Cut to Underperform at Baird.

JON C. OGG
JULY 8, 2009

Posted in Analyst Calls Tagged: APD, CHTT, CTXS, FCX, HOT, PCU, PLAB, QCOM, SAP, STM

Can P&G Earnings Trump Colgate & Chattem? (PG, CL, CHTT)

247wallst — Thu, 29 Jan 2009 22:39:00 +0000

Traders and investors alike look for defensive stocks with certainty of earnings in hard times like these. Tomorrow we will get earnings from Procter & Gamble Co. (NYSE: PG), and the consumer products giant is definitely among those defensive companies. Its competitor Colgate-Palmolive Co. (NYSE: CL reported record results this morning. Investors want to know if the larger rival will be a repeat performance.

For starters, Colgate-Palmolive (NYSE: CL) rose over 2% to $65.22 onactive trading today. It was able to maintain higher pricing, and itsearnings growth was nearly 20%. Toothpaste and soap seem recessionproof. Revenues were up marginally after it had price hikesof about 7.5%. Colgate also said it was comfortable with 2009 earnings targets.

A much smaller competitor by the name of Chattem, Inc. (NASDAQ: CHTT)makes items like IcyHot, Gold Bond and Dexatrim. It posted a13% rise in income, but its shares slid 3.6% to $66.63 today. Theyare down about 18% from their high of $82.17. That is in-linewith the percentage drop of Colgate-Palmolive, but that is also afterCL rose and CHTT fell in today’s trading.

Procter & Gamble is by far the larger company and is probably proxy for the broad economy. Analysts measured by ThomsonReuters (First Call) have estimates at $1.58 EPS and $20.64 billion inrevenue.. For next quarter, those estimates are $0.85 EPS and $19.2billion in revenue. And for all of 2009, they are expecting a slightdecline in earnings to $4.19 EPS on nearly a 3% gain in revenue to$84.74 billion.

P&G stock was flat today. You can probably blame the market forthat after a 2.5% slide in the DJIA. This"defensive and recession-proof stock" is down over 20% from its high of$73.57 last year.

It looks like options traders are bracing for a $2.10 to $2.50 move ineither direction tomorrow. It is also worth noting this has onlybounced off of $56.00 lows (lower intra-day) just over the last fewdays to get to this $58.22 handle. Its chart is very weak and we’d saythat the support here might not come into play until around $56.00. Ifthat level does not hold up, then the low close recently was $56.00 andthe intra-day low was $53.77.

Jon C. Ogg
January 29, 2009

Posted in Consumer Goods, Defensive Stocks, Earnings Tagged: CHTT, CL, PG

Top Pre-Market Analyst Upgrades (AFL, AMGN, BBY, CHTT, CVH, HNT, KMB, PCLN, RDC)

247wallst — Mon, 28 Jul 2008 06:30:58 +0000

These are not all of the upgrades or positive calls we have seen, but these are some calls moving shares this Monday morning:

AFLAC (AFL) Raised to Outperform at Raymond James.
Amgen (AMGN) Raised to Overweight at Morgan Stanley.
Best Buy (BBY) Raised to Buy at Banc of America.
Chattem (CHTT) Raised to Overweight at JPMorgan.
Coventry Health (CVH) Raised to Buy at UBS.
Health Ney (HNT) Raised to Buy at UBS.
Kimberly-Clark (KMB) Raised to Neutral at Goldman Sachs.
Pricleine.com (PCLN) Raised to Overweight at Thomas Weisel.
Rowan (RDC) Raised to Neutral at JPMorgan.

Jon C. Ogg
July 28, 2007