24/7 Wall St. » CLB

Unusual Stocks At All-Time Highs (CLB, CLH, CVLT, INTU, LGF, LO, MA, MJN, FIRE)

Administrator — Wed, 22 Feb 2012 16:30:34 +0000

We are seeing some surprise moves for all-time high stocks this Wednesday. Some are even moving without the benefit of fresh news.

Core Laboratories NV (NYSE: CLB) almost made it to $125.00 today and shares are still up about 2% as the company is a production enhancer for the petroleum industry.

Clean Harbors, Inc. (NYSE: CLH) is up 6.5% at $69.90 after earnings beat yet again. This one has had a serious run over the last decade and is now a $3.7 billion stock in environmental remediation.

Commvault Systems, Inc. (NASDAQ: CVLT) went north of $55.20 today on strength of its data and information management software applications. So much for considering this a buyout candidate at an all-time high trading at about 50-times earnings.

Intuit Inc. (NASDAQ: INTU) is up almost 7% after earnings ahead of tax season as more and more ‘do-it-yourselfers’ are doing their own taxes. The market value here is now $18.2 billion.

Lions Gate Entertainment Corporation (NYSE: LGF) briefly hit a new all-time high of $12.75 on the day and shares are still positive. This is ahead of the trilogy for The Hunger Games. It looks like Jim Cramer was right here about ultimately heading to $15.00 per share, at least so far.

Lorillard, Inc. (NYSE: LO) was a surprise all-time high above $130 today. It is a tobacco stock worth $17 billion and its dividend is now counted as bout 4.9%.

Mastercard Inc. (NYSE: MA) continues to win from just being the swipe merchant who wins off of each and every time a consumer has his card swiped at the register. Shares are now over $400.00 and the dividend has a long way to go before drawing in big dividend chasers.

Mead Johnson Nutrition Company (NYSE: MJN) is shocking to see on the list considering that its false alarm over Enfamil being mistakenly put as the cause for infant deaths. The company was cleared of this and it remains a strong player. Shares went over $78.00 today.

Sourcefire, Inc. (NASDAQ: FIRE) is up 22% after a great earnings forecast based upon strong cyber security demand. Shares went over $44.00 today, ap almost 100% from its 52-week low and up from a brief low of $5.00 or so back at the peak of the end of 2008 selling.

JON C. OGG

Filed under: 24/7 Wall St. Wire, The Day, Trading Alert Tagged: CLB, CLH, CVLT, FIRE, INTU, LGF, LO, MA, MJN

Top Analyst Upgrades & Downgrades (BIDU, CYOU, CLB, CSX, EBAY, HLF, M, MON, PVH, PLCM, REG, WDC, WU, WYNN, YOKU)

Administrator — Thu, 20 Oct 2011 12:28:15 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning.

Baidu, Inc. (NASDAQ: BIDU) Cut to Neutral at Goldman Sachs.
Changyou.com Limited (NASDAQ: CYOU) Raised to Buy at Goldman Sachs.
Core Laboratories N.V. (NYSE: CLB) Cut to Market Perform at FBR.
CSX Corporation (NYSE: CSX) Cut to Market Perform at Wells Fargo.
eBay Inc. (NASDAQ: EBAY) Maintained long-term outperform and near-term hold at Zacks; reiterated Outperform at Credit Suisse.
Herbalife (HLF: NYSE) Reiterated Buy at Canaccord Genuity.
Macy’s Inc. (NYSE: M) Started as Overweight at JPMorgan.
Monsanto Co. (NYSE: MON) Started as Market Perform at Wells Fargo.
PVH Corp. (NYSE: PVH) named value stock of the day at Zacks.
Polycom, Inc. (NASDAQ: PLCM) Cut to Neutral at Piper Jaffray; Cut to Market Perform at William Blair.
Regency Centers Corporation (NYSE: REG) Raised to Outperform at Credit Suisse.
Western Digital Corporation (NYSE: WDC) Cut to Underweight at JPMorgan.
Western Union (NYSE: WU) Raised to Outperform as Bull of the Day at Zacks.
Wynn Resorts Ltd. (NASDAQ: WYNN) Reiterated Outperform at Credit Suisse.
Youku.com Inc. (NYSE: YOKU) Raised to Conviction Buy List at Goldman Sachs.

JON C. OGG

Filed under: Analyst Calls Tagged: BIDU, CLB, CSX, CYOU, EBAY, HLF, M, MON, PLCM, PVH, REG, WDC, WU, WYNN, YOKU

Top Analyst Upgrades & Downgrades (ALKS, AMP, BWA, CSCO, CLB, DD, GTIV, HIG, JASO, JPM, JWN, NSC, ORCL, PFE, STP, TSL, UAL)

Administrator — Wed, 14 Sep 2011 12:12:59 +0000

These are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls.

Alkermes, Inc. (NASDAQ: ALKS) Removed from US 1 List but maintained Buy at BofA/ML.
Ameriprise Financial Inc. (NYSE: AMP) Raised to Outperform at Credit Suisse.
BorgWarner, Inc. (NYSE: BWA) is Bull of the Day at Zacks.
Cisco Systems Inc. (NASDAQ: CSCO) Reiterated Buy with $22 target at BofA/ML; Reiterated Outperform at CRedit Suisse.
Core Laboratories NV (NYSE: CLB) Cut to Underperform at BofA/ML.
EI DuPont de Nemours & Co. (NYSE: DD) Raised to Buy at S&P Equity Research (late Tuesday).
Gentiva Health Services (NASDAQ: GTIV) Cut to Underperform as Bear of the Day at Zacks.
Hartford Financial Services Group Inc. (NYSE: HIG) Raised to Outperform at Credit Suisse.
JA Solar Holdings Co., Ltd. (NASDAQ: JASO) Cut to Underperform at Jefferies.
J.P. Morgan Chase & Co. (NYSE: JPM) Maintained Outperform but cut estimates at Credit Suisse.
Nordstrom Inc. (NYSE: JWN) Cut to Neutral at Goldman Sachs.
Norfolk Southern Corporation (NYSE: NSC) Value Stock of the Day at Zacks.
Oracle Corporation (NASDAQ: ORCL) Raised to Positive at Susquehanna.
Pfizer Inc. (NYSE: PFE) Cut to Equal-Weight at Barclays.
Suntech Power Holdings Co. Ltd. (NYSE: STP) Cut to Underperform at Jefferies.
Trina Solar Ltd. (NYSE: TSL) Cut to Hold at Jefferies.
United Continental Holdings, Inc. (NYSE: UAL) Reiterated Buy with $34 target at BofA/ML.

JON C. OGG

Filed under: Analyst Calls Tagged: ALKS, AMP, BWA, CLB, CSCO, DD, GTIV, HIG, JASO, JPM, JWN, NSC, ORCL, PFE, STP, TSL, UAL

Early Bird Analyst Upgrades (AUO, CLB, LAB, SKM, SOHU)

247wallst — Wed, 14 Jan 2009 07:33:53 +0000

These are some of the early bird upgrades and positive research calls we have seen from Wall Street analysts this Wednesday morning with more than two hours to the open:

AU Optronics (NYSE: AUO) Raised to Overweight at HSBC.
Core Labs (NYSE: CLB) Raised to Outperform at JPMorgan.
LaBranche (NYSE: LAB) Raised to Buy from Sell at Goldman Sachs.
SK Telecom (NYSE: SKM) Raised to Buy at Citigroup.
Sohu.com (NASDAQ: SOHU) Started as Outperform at Oppenheimer.

Jon C. Ogg
January 14, 2009

Posted in Analyst Calls Tagged: AUO, CLB, LAB, SKM, SOHU

Top Pre-Market Analyst Upgrades (ACAS, ANDE, CLX, CLB, EMC, IBKC, MFC, KWK)

247wallst — Fri, 12 Dec 2008 08:38:18 +0000

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

American Capital (ACAS) Raised to Market Perform at FBR.
Andersons (ANDE) Raised to Buy at BB&T.
Clorox (CLX) Started as Buy at Jefferies.
Core Labs (CLB) Started as Buy at Jefferies.
EMC (EMC) Started as Buy at Piper Jaffray.
IberiaBank (IBKC) Raised to Outperform at Baird and Raised to Market Perform at KBW.
Manulife Financial (MFC) Raised to Outperform at CIBC.
Quuicksilver Resources (KWK) Started as Buy at Collins Stewart.

Jon C. Ogg
December 12, 2008

Posted in Analyst Calls Tagged: ACAS, ANDE, CLB, CLX, EMC, IBKC, KWK, MFC

Cramer Takes Some Jabs (UA, CAT, XOM, CLB, DE)

247wallst — Tue, 06 Nov 2007 14:52:34 +0000

On Jim Cramer’s STOP TRADING segment on CNBC, Jim wanted to talk which oil companies were better than others with oil nearing $100/barrel. The ExxonMobil (NYSE:XOM) quarter wasn’t all that bad and shares are actually back up now. CoreLabs (NYSE:CLB) is great domn $8 from highs.

On Caterpillar (NYSE:CAT), Cramer said they executed poorly while others executed on target. He thinks the company is not performing as it should. Deere (NYSE:DE) is more agricultural but is doing well.

On Under Armour (NYSE:UA), Cramer addressed the insider sales and said the insider sales were too aggressive and he’s sick of seeing the insiders do it. He agrees with the Morgan Stanley "underweight rating" now. He said that the insiders explained the situation and then sold stock. He said he feels like he got hosed, and now he has no confidence in it. Under Armour shares are down over 3.5% today at $49.50.

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Jon C. Ogg
November 6, 2007