24/7 Wall St. » CTRP

Top Active Trader Alert Stocks (CTRP, JCP, LOW)

Mike Sauter — Mon, 14 Nov 2011 13:59:01 +0000

Crude oil is at $98.02, down 0.98%

Gold is at $1,782, down 0.36%.

Hong Kong’s Hang Seng closed up 1.94% to 19,508.

Japan’s Nikkei closed higher by 1.05% to 8,604.

The U.S. 10-year is at 2.09%, up $0.o3.

The FTSE is down 0.19% to $5,535.

The DAX is down 1.05% to $5,994.

Ctrip.com International, Ltd. (NASDAQ: CTRP) is down nearly 12% before market open to $30.25, relative to a 52-week range of $29.59 – $50.57.

J.C. Penney Company (NYSE: JCP) is down 2.45% to $33.15, relative to a 52-week range of $23.44 – $41.00.

Lowe’s Companies (NYSE: LOW) is down 1.6% before market open to $23.48, relative to a 52-week range of $18.07 – $27.45.

Filed under: Pre-Market Activity, Trading Alert Tagged: CTRP, JCP, LOW

The 24/7 Wall St. Top Ten Analyst Calls of the Week (COF, CTRP, NBG, P, RIMM, SHLD, SRDX, LVS, MPEL, HD, LOW, BLC, GCI)

Administrator — Sat, 18 Jun 2011 14:10:39 +0000

We have another week that has passed by and there were many stand-out research calls that took place throughout the last week. Our top analyst calls, some of which are dubious honors and some of which were full of great insight, were seen in Capital One Financial Corp. (NYSE: COF), Ctrip.com International Ltd. (NASDAQ: CTRP), National Bank of Greece SA (NYSE: NBG), Pandora Media, Inc. (NYSE: P), Research in Motion Ltd. (NASDAQ: RIMM), Sears Holding Corp. (NASDAQ: SHLD), and in SurModics Inc. (NASDAQ: SRDX). We also had two broader calls which are very much worth noting in shares of Las Vegas Sands Corporation (NYSE: LVS), Melco Crown Entertainment Ltd. (NASDAQ: MPEL), Home Depot Inc. (NYSE: HD), Lowe’s Companies Inc. (NYSE: LOW), Belo Corp. (NYSE: BLC), and Gannett Co., Inc. (NYSE: GCI).

We have gone in and described each call, made other references, and provided color on each if applicable. Again, having the “Top Research Call of the Week” status is not always a compliment nor is it always just bullish.

Capital One Financial Corp. (NYSE: COF) is one that scored with its winning acquisition of ING Direct. The $9 billion price tag seems high, but now “What’s in your wallet?” went from the #8 bank to the #5 bank by deposits in America. Our take is that this may set off a wave of smaller to mid-sized financial deals among those firms which are not burdened by Treasury oversight. After the deal was confirmed, the stock was raised to “Buy” at SunTrust and a lesser upgrade came from S&P Equity Research to “Hold” from “Sell.”

Ctrip.com International Ltd. (NASDAQ: CTRP) was a bit odd because shares were initially up after the open with the broader market. Still, Goldman Sachs cut its rating to SELL on the travel services outfit that is in China. A competing call from ThinkEquity maintained an “Outperform” rating but it was the Sell rating that ruled the roost on Friday as shares closed down 0.7% at $39.95 against a 52-week trading range of $31.35 to $53.16.

National Bank of Greece SA (NYSE: NBG) was an example of a research call that was very late to the game as it had been under review for months and just now gotten to. S&P decided in its infinite wisdom just now that the Greek banks might have some collateral damage with the Greek economy under debt restructuring fears and in the age of austerity. The irony is that the ADR of NBG closed out the week higher than before the credit rating cut by S&P was issued.

Pandora Media, Inc. (NYSE: P) was a strange IPO and we called it a value hat trick game ahead of the open. Our concern was not unwarranted. After raising about twice as much as originally expected, Pandora was a classic “Gap & Crap” trade. The underwriters cannot initiate coverage for 30 days, but a firm that was not in the underwriting called BTIG was able to cover it. BTIG issued a SELL rating with a $5.50 target at BTIG. There is a flip side call here… Maxim Group issued a “Buy” rating with a $23 price target. Is there a paradox when a company called Pandora tanks as the Greeks riot? Pandora is an example of the sins of the underwriting world.

Filed under: Analyst Calls, Research, The Week Tagged: BLC, COF, CTRP, GCI, HD, ING, JNJ, LOW, LVS, MPEL, NBG, P, RIMM, SHLD, SRDX, WYNN

Top Analyst Upgrades and Downgrades (AMD, BIDU, CHC, GLW, CTRP, CSX, DISCA, FSLR, GME, HON, HGSI, KEY, NSC, PWRD, SVVS, SHLD, SINA, SBIB)

Administrator — Wed, 17 Nov 2010 13:25:10 +0000

These are some of this Wednesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls.

Advanced Micro Devices, Inc. (NYSE: AMD) Cut to Market Perform at JMP Securities.
Baidu, Inc. (NASDAQ: BIDU) Started as Buy at Stifel Nicolaus.
China Hydroelectric Corp. (NYSE: CHC) Started as Buy at Roth Capital.
Corning Inc. (NYSE: GLW) Cut to Perform at Oppenheimer.
Ctrip.com International (NASDAQ: CTRP) Started as Buy at Stifel Nicolaus.
CSX Corp. (NYSE: CSX) Raised to Neutral at Goldman Sachs.
Discovery Communications (NASDAQ: DISCA) Raised to Outperform at Cowen.
First Solar Inc. (NASDAQ: FSLR) Cut to Neutral at Credit Suisse.
GameStop Corporation (NYSE: GME) Raised to Outperform at Credit Suisse.
Honeywell International Inc. (NYSE: HON) Raised to Outperform at RBC.
Human Genome Sciences, Inc. (NASDAQ: HGSI) Cut to Hold at Citi; Cut to Underperform at BofA/ML.
KeyCorp (NYSE: KEY) Cut to Neutral at Credit Suisse.
Norfolk Southern Corp. (NYSE: NSC) Cut to Sell at Goldman Sachs.
Perfect World Co., Ltd. (NASDAQ: PWRD) Cut to Sell at Citi; Cut to Underperform at Credit Suisse.
SAVVIS Inc. (NASDAQ: SVVS) Raised to Buy at Kaufman Bros.
Sears Holdings Corporation (NASDAQ: SHLD) Maintain Underperform but Cut target to $55 at Credit Suisse.
Sina Corp. (NASDAQ: SINA) Started as Buy at Stifel Nicolaus.
Sterling Bancshares, Inc. (NASDAQ: SBIB) Cut to Perform at Oppenheimer.

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

Filed under: Analyst Calls Tagged: AMD, AUO, BIDU, CHC, CSX, CTRP, DISCA, FSLR, GLW, GME, HGSI, HON, KEY, NSC, PWRD, SBIB, SHLD, SINA, SVVS

The Twitter-24/7 Wall St. Stock Market Report 7.7.2010 The Wisdom Of Crowds

247wallst — Wed, 07 Jul 2010 12:37:33 +0000

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million Twitter users. It raises the question of whether there is wisdom in crowds.

24/7 Wall St. will look at the Twitter posts at Reuters Biz, WSJ, Financial Times, CNN Money, MarketWatch, CNBC, and 24/7 Wall St. each day to see which stocks are most frequently mentioned. It is clear that in this area of social media these tweet are a sign of which companies the Twitter universe is interested in. These financial sites are followed by a combined 625,000 Twitter users which makes them a sizeable sample of Wall St.’s interests. In some cases, we will publish the actual tweets from the sites.

Among the most tweeted stocks on StockTwits are SPX, IMAX Corporation (NASAQ: IMAX), FAS, Ctrip.com International (NASDAQ: CTRP), DAX, and Sears Holdings (NASDAQ: SHLD).Economist: China says won’t dump Treasuries; surprise fall in German industry orders; US service firms grow weakly http://ow.ly/283ua

DailyFinance: Mortgage Loan Applications Rise on Refinance Demand http://bit.ly/axWxcO

DailyFinance: Sony Cuts Price in Latest Round of E-Reader Wars http://bit.ly/bumG47

Yahoo! Finance: California Pension Funds in Big Trouble http://yhoo.it/9pwKpL

MarketWatch: Bond insurer Ambac gets listing warning from NYSE http://on.mktw.net/drf5pd

CNN Money: Dollar rebounds on uncertain economic outlook http://bit.ly/c3gJ2J

Reuters Biz: EU bank watchdogs set to detail stress tests http://link.reuters.com/feb36m

Reuters Biz: BP boss Hayward in MidEast talks as relief well advances http://link.reuters.com/pag36m

Douglas A. McIntyre

Filed under: Research Tagged: Ambac, California Pension Fund, CTRP, EU, IMAX, SHLD, SPX, treasuries, Twitter

Top Day Trader Alerts (AAN, BIDU, BKS, CTRP, MU, RMBS, RZ)

Administrator — Tue, 29 Jun 2010 12:43:16 +0000

There are many stocks on the move this morning. The active trader and day trader alerts seen so far this morning in the pre-market are Aaron’s, Inc. (NYSE: AAN), Baidu, Inc. (NASDAQ: BIDU), Barnes & Noble, Inc. (NYSE: BKS), Ctrip.com International Ltd. (NASDAQ: CTRP), Micron Technology Inc. (NASDAQ: MU), Rambus Inc. (NASDAQ: RMBS), and Raser Technologies, Inc. (NYSE: RZ). We have compiled news or the reason for the moves today and added in color on each if applicable.

Aaron’s, Inc. (NYSE: AAN) is lower after announcing it will close its office furniture division and take charges from closures. It also reduced its earnings guidance. Shares were down 4.4% at $18.40 on last look.

Baidu, Inc. (NASDAQ: BIDU) is trading lower this morning on news that Google Inc. (NASDAQ: GOOG) said it will make a small change to how its users in China access its search service. Baidu shares are down 3.1% at $72.13 in active pre-market trading.

Barnes & Noble, Inc. (NYSE: BKS) is lower after its quarterly loss widened despite stronger-than-expected sales. The outlook was also soft. Shares were indicated down only 1.5% initially but the stock is now down almost 6% and flirting with the $15.50 level after a $16.41 close on Monday.

Ctrip.com International Ltd. (NASDAQ: CTRP) shares were down after an RBS downgrade this morning. Shares were down over 8% around $39.00 on last look although trading volume was rather thin.

Micron Technology Inc. (NASDAQ: MU) is a sell-the-news case. The memory maker posted a Q3 profit on strong sales and an accounting gain tied to its Numonyx acquisition. That profit was $939 million, or $0.92 EPS vs. -$0.37 EPS a year ago and versus Thomson Reuters estimates of $0.43 EPS. That number has items in it. Revenue rose more than 100% to $2.29 billion vs. $1.11 billion a year ago and versus $2.12 billion expected. Shares are down over 6% at $9.39 in active pre-market trading.

Rambus Inc. (NASDAQ: RMBS) was indicated higher last night than this morning’s indications after signing a deal with General Electric Co. (NYSE: GE) to accelerate LED product development via GE’s Appliances & Lighting business. This is for the use of Rambus’ patented lighting innovations for design and process. The weak stock market now has shares “only” up 3.1% at $18.94 on rather thin trading so far.

Raser Technologies, Inc. (NYSE: RZ) is trading up on news that it and Hyundai Heavy Industries announced an agreement for the joint development of renewable energy and electric vehicles. Raser shares are up a sharp 14% at $0.62 on close to 100K shares; the 52-week range is $0.50 to $3.99 and this trades about 900,000 shares per day. The market cap before this morning’s rise was a mere $48 million.

JON C. OGG

Filed under: Pre-Market Activity, Trading Alert Tagged: AAN, BIDU, BKS, CTRP, MU, RMBS, RZ

Top Analyst Upgrades and Downgrades (ACPW, ATHN, AH, CNP, COV, CTRP, POT, RLOC, RYL, TWX, USB, VOD)

Administrator — Tue, 29 Jun 2010 12:20:52 +0000

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research early this Tuesday:

Active Power Inc. (NASDAQ: ACPW) Started as Overweight at Thomas Weisel.
Athenahealth, Inc. (NASDAQ: ATHN) Started as Neutral at JPMorgan.
Accretive Health, Inc. (NYSE: AH) Started as Overweight at JPMorgan; Started as Neutral at Baird; Started as Neutral at Goldman Sachs.
CenterPoint Energy, Inc. (NYSE: CNP) Started as Overweight at JPMorgan.
Covidien plc (NYSE: COV) Cut to Neutral at Goldman Sachs.
Ctrip.com International Ltd. (NASDAQ: CTRP) Cut to Hold at RBS.
Potash Corp. of Saskatchewan (NYSE: POT) target cut at Scotia Capital.
ReachLocal, Inc. (NASDAQ: RLOC) Started as Buy at Citigroup; Started as Overweight at JPMorgan.
Ryland Group Inc. (NYSE: RYL) Raised to Buy at UBS.
Time Warner Inc. (NYSE: TWX) Cut to Neutral at Goldman Sachs.
U.S. Bancorp (NYSE: USB) Raised to Buy at UBS.
Vodafone plc (NYSE: VOD) Cut to Neutral at Credit Suisse.

Goldman Sachs also said this morning: BUY WARREN BUFFETT!!!

JON C. OGG

Filed under: Analyst Calls Tagged: ACPW, AH, ATHN, CNP, COV, CTRP, POT, RLOC, RYL, TWX, USB, VOD

This Month’s Biggest Index Gainers: Geothermal, Brazil, And Chinese Travel Stocks

247wallst — Thu, 24 Jun 2010 20:30:37 +0000

There were strong gains in three Tickerspy indexes over the most recent 30-day period. This month’s biggest risers are in Geothermal Stocks, Brazil Stocks and ADRs and Chinese Travel Stocks.

As the global economy pushes more for green energy, Geothermal stocks are up 10.5% in the past month. The best performing stocks in the sector are Nevada Geothermal PW, (OTC: NGLPF) up 26.5%, US Geothermal Inc., (AMEX: HTM) up 9.9%, and Ormat Technologies Inc., (NYSE: ORA) up 4.7%.

Brazil stocks and ADRs are up 10.5% in the past month. The best performing stocks in the sector are Braskem S.A., (NYSE: BAK) up 23.4%, Brasil Telecom S.A., (NYSE: BTM) up 22.1%, and Cosan Ltd., (NYSE: CZZ) up 17.6%.

Chinese Travel Stocks are up 10.1% in the past month. The best performing stocks in the sector are eLong Inc., (NASDAQ: LONG) up 27.1%, Home Inns & Hotels Management Inc., (NASDAQ: HMIN) up 20.1%, and Ctrip.com International Ltd., (NASDAQ: CTRP) up 16.1%.

Filed under: Most Actives Tagged: BAK, BTM, CTRP, CZZ, HMIN, HTM, LONG, NGLPF, ORA

Top Day Trader Alerts (APKT, ANX, ALVR, AUXL, CTRP, SOLR, HDIX, DDSS, MYGN, NETL, NWS, VRSN, WU)

247wallst — Wed, 03 Feb 2010 13:56:19 +0000

These are this morning’s top day trader and active trader alerts with a brief explanation of the news behind the moves:

Acme Packet, Inc. (NASDAQ: APKT) up 14% at $12.21 on 28,000 shares after earnings.

Adventrx Pharmaceuticals, Inc. (AMEX: ANX) up 4% at $0.33 on 1.2 million shares after appointing Carl Icahn to its Board of Directors.

Alvarion Ltd. (NASDAQ: ALVR) down 6.5% at $4.00 on 16,000 shares after earnings.

Auxilium Pharmaceuticals Inc. (NASDAQ: AUXL) is up 9% at $30.61 on 250,000 shares after the FDA approved hand drug Xiaflex for a hand treatment of Dupuytren’s Contracture.

Ctrip.com International Ltd. (NASDAQ: CTRP) down 8.5% at $30.40 on 18,200 shares after earnings.

GT Solar International, Inc. (NASDAQ: SOLR) up 10.5% at $6.63 on 30,000 shares after beating earnings.

Home Diagnostics, Inc. (NASDAQ: HDIX) up almost 90% at $11.45 on 1.3 million shares on the buyout.

Labopharm Inc. (NASDAQ: DDSS) up 14.9% at $3.00 after it received FDA approval for OLEPTRO to treat major depressive disorders.

Myriad Genetics, Inc. (NASDAQ: MYGN) up 6.96% at $25.65 on 24,000 shares after earnings.

NetLogic Microsystems Inc. (NASDAQ: NETL) up 10.3% at $47.80 on 82,000 shares after beating earnings offering Q1 guidance.

News Corp. (NASDAQ: NWS) up 4.8% at $15.76 on about 14,000 shares after beating earnings.

VeriSign Inc. (NASDAQ: VRSN) -6.9% at $21.79 on 80,000 shares after missing earnings expectations and a downgrade.

Western Union Co. (NYSE: WU) down 7.9% at $17.35 on 149,000 shares after earnings guidance disappointment.

Price snapshots at 8:45 AM EST.

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 3, 2010

Filed under: Earnings, Pre-Market Activity, Trading Alert Tagged: ALVR, ANX, APKT, AUXL, CTRP, DDSS, HDIX, MYGN, NETL, NWS, SOLR, VRSN, WU

Top Analyst Downgrades (ADM, CTRP, CYN, CVLT, NRGY, KIM, OSK, SPG, UBS)

247wallst — Wed, 05 Aug 2009 11:31:36 +0000

These are some of the top analyst downgrades and negative research calls we have seen from Wall Street early this Wednesday morning:

Archer Daniels Midland (ADM) Cut to Perform at Oppenheimer.
Ctrip.com International (CTRP) Cut to Neutral at Susquehanna.
City National (CYN) Cut to Market Perform at KBW.
Commvault Systems (CVLT) Cut to Market Weight at Thomas Weisel.
Inergy L.P. (NRGY) Cut to Market Perform at Wells Fargo.
KIMCO Realty (KIM) Cut to Perform at oppenheimer.
Oshkosh (OSK) Cut to Hold at KeyBanc Capital Markets.
Simon Property Group (SPG) Cut to Perform at Oppenheimer.
UBS (UBS) Cut to Sell at UBS.

JON C. OGG

Posted in Analyst Calls Tagged: ADM, CTRP, CVLT, CYN, KIM, NRGY, OSK, SPG, UBS

Top Analyst Upgrades (BAC, CTRP, ENOC, FITB, RTP, THQI, USM)

247wallst — Thu, 07 May 2009 11:16:40 +0000

These are some of the top pre-market analyst upgrades or positive research calls from Wall Street this Thursday morning:

Bank of America (BAC) Raised to Outperform at Baird; Raised to Overweight at Morgan Stanley.
Ctrip.com (CTRP) Started as Outperform at Oppenheimer.
EnerNOC (ENOC) Raised to Buy at Janney Montgomery.
Fifth Third Bank (FITB) Raised to Outperform at KBW.
Rio Tinto PLC (RTP) Raised to Overweight at Barclays.
THQ Inc. (THQI) Raised to Buy at Deutsche Bank.
US Cellular (USM) Raised to Neutral at Baird.

JON C. OGG

Posted in Analyst Calls Tagged: BAC, CTRP, ENOC, FITB, RTP, THQI, USM