Baxter International (NYSE: BAX) Cut to Hold at Citigroup.
CIENA Corporation (NASDAQ: CIEN) Raised to Outperform at Credit Suisse.
Genworth Financial (NYSE: GNW) Cut to Neutral at BofA/Merrill Lynch.
IMAX Corporation (NASDAQ: IMAX) Cut to Sell at Merriman Curhan Ford.
JA Solar Holdings (NASDAQ: JASO) Cut to Neutral at Broadpoint AmTech.
McDonald’s Corp. (NYSE: MCD) Raised to Outperform at Credit Suisse.
OSI Systems (NASDAQ: OSIS) Cut to Market Perform at Morgan Keegan.
Potash Corp. (NYSE: POT) Target cut to $116 at UBS.
Phillip Morris International (NYSE: PM) Raised to Outperform at Credit Suisse.
Ryanair Holdings plc (NASDAQ: RYAAY) Started as Buy at UBS.
Vale S.A. (NYSE: VALE) Raised to Overweight at Barclays.

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

FLIR Systems, Inc. (NASDAQ: FLIR) is Cramer’s pick in security and surveillance that protects major companies and government facilities.  FLIR closed at $32.72 and its 52-week trading range is $18.81 to $33.35.  Cogent, Inc. (NASDAQ: COGT) is Cramer’s pick for fingerprint and palm scanning technology.  Cogent closed at $10.28 and its 52-week trading range is $7.96 to $12.92.

Cramer also featured and reviewed Nice Systems Ltd. (NASDAQ: NICE) over tracking terrorism suspects based upon software for abnormal behavior for counter-terrorism and over phone surveillance.  He then reviewed the chart.  The chart looks solid to him because of higher highs and higher lows.  The Real Money writer believes it has room to run up to $40.00 and is not really extended on its chart.  The November lows came on very high volume that shook out the sellers.  Cramer believes this one has been ignored entirely by the terrorism stocks and can have camera to camera reviewing.  It has $500 million, about $8.00 per share, is looking for more acquisitions to make, and trades cheap at 18-times earnings.

I would like to personally invite you to join in with the thousands of readers on our free daily email distribution list from 24/7 Wall St. to hear about ongoing day trader and options trader alerts, analyst upgrades and downgrades, stock and market rumors, Buffett and guru investor news, M&A and IPOs, and more.

• Cramer’s “Energy Shortage Stock Picks for 2010″ can be found here.

Jon C. Ogg
January 5, 2010

China BAK Battery, Inc. (NASDAQ: CBAK) is giving back much of yesterday’s gains.

Compugen Ltd. (NASDAQ: CGEN) is up on its offering news as the weighted average price ended up being above the current market price.

OSI Systems, Inc. (NASDAQ: OSIS) is trying to make this a 3-day run on airport security system hopes.

Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) are both lower after yesterday’s early gains failed to stay in positive territory.

Dish Network Corp. (NASDAQ: DISH) has seen two major block trades of 4 million shares each.

You can sign up and join our free email list for daily emails about analyst upgrades and downgrades, top day trading stock alerts, IPOs, secondary offerings, M&A, new ETF strategies, Warren Buffett news, and other key developments.

JON C. OGG

Capstone Turbine (CPST) Cut to Market Perform at Wachovia.

Haynes International (HAYN) Cut to Neutral at JPMorgan; Cut to Hold at KeyBanc.

Hines (HNZ) Cut to Neutral at Credit Suisse.

OSI Systems (OSIS) Cut to Market Perform at Morgan Keegan.

Santander (SBP) Cut to Hold at Societe Generale.

Veeco Instruments (VECO) Cut to Hold at Citigroup.

Jon C. Ogg

February 10, 2009

OSI Systems generated $532.28 million in fiscal JUNE-2007 revenues, so this is representative of more than 5% of revenues.  The few analysts that follow the stock are expecting the fiscal JUNE-2008 revenues to be $590 million.

What is sad is that if you go back through time the company has grown revenues from 2005 to 2006 to 2007 from $385M to $$452.6M to $532M (and projected to $590M in 2008).  But this stock has never really made a major ramp as shares closed yesterday at $23.50 and have traded over the last year at $18.53 to $29.80.  At the June 30 equivalent for 2005, 2006, and 2007, the stock prices were as follows:  $15.79, $17.77, and $27.35 respectively. The current stock price reflects a post-earnings near 20% haircut, although shares have regained much of the losses.

For such a strong homeland security play in an area that actually NEEDS to be improved exponentially compared to so many other wasted spending projects in the homeland sector, this stock has never really managed to break out.  If anyone ever gets tough or serious on port container and cargo security, this is one to watch.  AND, if the government ever looks like they are going to get serious about this initiative then OSI Systems could find itself acquired by larger companies.  If the government continues to putter around this topic, well shares are representative of that currently.

Jon C. Ogg
October 3, 2007

The new cover story for the May 2007 Smart Money Magazine is an interesting one as "The Ten Stocks For The Next Ten Years" and is one that will carry some interest from small cap and growth-oriented investors for those seeking secular trends.  This was posted online earlier this week, but this is the sort of issue that you usually want to look at a few days after the dust settles and over the first weekend that the magazine is actually on the stands.  Many will have seen this online or will have seen some of it this morning on CNBC or elsewhere, but most readers of the hard copy will probably be reviewing this 10/10 list over this weekend.

The screening criteria used by Smart Money was not a focus on the classic P/E ratios or book value, and the names are an interesting mix of companies.  Many of these are well known and have been around for some time, and some are rather obscure names that the public doesn’t follow that closely. The screen put a greater emphasis on price/sales ratios; its looked for a classic small-cap range from $300 million to $2 billion in market value; a history of rising sales of at least 10% a year over the past five years. That screen produced 150 names that they chose 10 stocks from.

We wanted to see how these have fared recently since the list is a veryinteresting mix of small-cap companies.  Some of these have made itonto our own buyout screens at some point and some only appear ingrowth screening, although most are really growth companies that may beexperiencing secular trends as far as the research points.  Oddlyenough, none of these are in sectors that are mindblowing or true futurist-tech. Maybe the K-I-S-S rule applies: "Keep It Simple, Stupid."  None of these are related to computers per se (and only one is anInternet play), none are energy companies, none are pure-plays onalternative energy, and most are in areas that do appear to have growth(otherwise they wouldn’t be on the list).  None of these are upcoming brand retail plays so to speak.  Some of these have only comepublic recently, so trying to use a longer-term trading trend analysisisn’t possible on some.

OK, so here is there list:

Atlas Air Worldwide (AAWW-NASDAQ):long-haul air freight; stock close to all-time highs since being publicover the last 18 months; company has a growth plan in place and hasorders for more Boeing jumbo jets in the hopper.

Brightpoint (CELL-NASDAQ):cell phone distributor that installs proper software to make phonescompatible with each provider; stock has been around forever andtrading toward lower-end of a one-year trading range, but upconsiderably over the last 5-years.

Harris Interactive (HPOL-NASDAQ):interactive research and polling; uses more than 6 million participantsonline; stock has been in $5.00 to $6.50 trading band over the lastyear.

OSI Systems (OSIS-NASDAQ):medical scanning and a homeland defense play for cargo screening;trading above what was the highest points of a 5-year trading range of$15.00 to $24.00.

Powerwave Tech (PWAV-NASDAQ):makes the amplifiers, antennas and other equipment that enable wirelessphones and handheld devices to transmit and receive voice and data;over the last year this one fell from $15.00 to $5.00 beforestabilizing; very sporadic earnings history expected to lose money thisyear and not make money annually until 2008.

Sirona Dental Systems (SIRO-NASDAQ):designs, manufactures and sells dental chairs, treatment workstationsand instruments; public less than one-year.  Caring for teeth probablyisn’t a fad, even if there is no sex appeal to the story.

Tetra Tech (TTEK-NASDAQ):consulting firm specializing in water-resource management andenvironmental cleanups; stock is at the higher-end of a $15.00 to$20.00 trading range seen over the last 20 months.  Classic water stock.

United Natural Foods (UNFI-NASDAQ):largest national distributor of organic and natural foods in the US;stock is toward the lower-end of a 2-year trading range because ofconsolidation of Whole Foods and Wild Oats into one company.

Viasys Healthcare (VAS-NYSE):a cluster of high-technology medical-equipment and diagnostic companiesthat focus on respiratory care and neuro diagnostics that came publicin 2001; very close to all-time highs.

Watts Water Tech (WTS-NYSE):supplies water-control, purification, safety and flow devices; stockhas been around for more than 15-years, traded up significantly byalmost 300% in the last 5+ years.  Classic water stock.

No matter how you cut it, this is a pretty interesting mix.  It is oddthat none of these are in alternative energy and none of them are in"care for the aging" per se.  Any list of this magnitude is going to behighly subjective, so this critique is not meant as any criticism.  Itactually points out some great names that would have otherwise fallenthrough the cracks.

Jon C. Ogg
April 13, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.