Posts for Ticker ‘PBT’

Top 10 Pre-Market Analyst Calls (ALD, T, BA, NDAQ, NNI, PBT, RL, RGC, TIBX, WINN)

These are not all of the calls we are seeing in pre-market coverage, but these are ten of the calls impacting shares this Wednesday morning:

  • Allied Capital (NYSE: ALD) Started as Underweight at JPMorgan.
  • AT&T (NYSE: T) raised to Outperform at Bernstein.
  • Boeing (NYSE: BA) Cut to Sell from Neutral at Goldman Sachs.
  • NASDAQ OMX (NASDAQ: NDAQ) Raised to Buy from Neutral at Piper Jaffray.
  • Nelnet (NYSE: NNI) Raised to Outperform at FBR.
  • Permian Basin Royalty Trust (NYSE: PBT) Raised to Buy from Hold at Citigroup.
  • Polo Ralph Lauren (NYSE: RL) Raised to Market Perform from Underperform at Morgan Keegan.
  • Regal Entertainment (NYSE: RGC) Raised to Outperform at BMO Capital.
  • Tibco Software (NASDAQ: TIBX) Raised to Overweight at JPMorgan.
  • Winn-Dixie (NASDAQ: WINN) Raised to Outperform from Market Perform at FBR.

Jon C. Ogg
June 25, 2008

Top 10 Pre-Market Analyst Calls (DVR, GHDX, KLAC, KR, LCAPA, LOW, NOK, PBT, TMA, UBS)

Below are the top calls that 247WallSt.com is focusing on in pre-market trading this Wednesday:

  • Cal Dive International (NYSE: DVR) Raised To Overweight at JP Morgan.
  • Genomic Health (NASDAQ: GHDX) Cut To Neutral at JP Morgan.
  • KLA-Tencor (NASDAQ: KLAC) cut to Underperform at Oppenheimer.
  • Kroger (NYSE: KR) cut to Underweight at at JPMorgan.
  • Liberty Capital (NASDAQ: LCAPA) cut to Hold at Deutsche Bank.
  • Lowe’s (NYSE: LOW) cut to Underperform at Morgan Keegan.
  • Nokia (NYSE: NOK) raised to Outperform at Oppenheimer.
  • Permian Basin (NYSE: PBT) cut to Hold at Citigroup.
  • Thornburg Mortgage (NYSE: TMA) Raised to Peer Perform at Bear Stearns.
  • UBS (NYSE: UBS) cut to Underperform at KBW.

Jon C. Ogg
March 12, 2008

Cramer Goes Trolling For High Yields (ED, PBT)

On tonight’s MAD MONEY on CNBC, Jim Cramer was talking about the decline and fall of the value of cash compared to being invested, and in particular how to avoid the value of the declining dollar.  His answer here is chasing high yield stocks because you yield less and less in cash right now.  He thinks this is even more the case with only 15% income tax on dividends.

His first stock noted was Consolidated Edison Inc. (NYSE: ED) with its 5.7% yield and steady and solid business in power supply.  This jumped almost 1% after he noted it in after-hours to $41.38 and its 52-week trading range is $40.57 to $52.90.

His second stock is a US energy trust because the companies here (LP’s usually) do not pay taxes as long as they pay out almost all of their income.  With oil prices staying high he likes the U.S. trusts better than the Canadian trusts because the 15% tax penalty for U.S. citizens that buy these. His favorite is the Permian Basin Trust (NYSE: PBT) because of a mix between oil and gas located in Texas.  But this one has a 12% yield and he thinks it could actually become a higher yield.  This popped 3% in after-hours to $20.00 after he talked it up, and that is above the 52-week range of $12.45 to $19.43.

A while back, Cramer gave some of his Canadian picks in the group he thought that could be acquired in the space.

Jon C. Ogg
March 5, 2008