Posts for Ticker ‘TTEK’

Top Pre-Market Analyst Upgrades (ARMH, BIIB, CAT, CVH, HCBK, LEN, MOH, TTEK)

Money_stack_picThese are some of the top analyst upgrades and positive research calls we have seen from Wall Street analysts with more than two hours until the market opens this Tuesday morning:

  • ARM Holdings (ARMH) Raised to Buy at UBS.
  • Biogen-Idec (BIIB) Raised to Buy at Goldman Sachs.
  • Caterpillar (CAT) Raised to Neutral from Sell at UBS.
  • Coventry Health Care (CVH) Raised to Outperform at Wachovia.
  • Hudson City Bancorp (HCBK) Started at Overweight at Barclays.
  • Lennar (LEN) Raised to Buy at Citigroup.
  • Molina Healthcare (MOH) Raised to Neutral at Goldman Sachs.
  • Tetra Tech Inc. (TTEK) Started as Buy at Piper Jaffray.

Jon C. Ogg
January 27, 2009

Cramer Revisits Green & Alternative Energy (FSLR, FWLT, SGR, BWA, WFR, FTEK, TTEK, OMG)

Because of Earth Day and because of a strong performance, Jim Cramer came on CNBC’s MAD MONEY tonight after a week off and said he wanted to revisit which ones to buy and hold now that the entire portfolio he gave is up some 76.8% (or up about 35% on an ex-First Solar basis).  Down below you can see the updates from the past to see what he said, but first are the ones he reviewed:

  • First Solar (NASDAQ: FSLR) up over 300%, but it doesn’t need subsidies. He thinks the new administration will bring it in.  The payback is cheaper and faster because it doesn’t need silicon.  Cramer noted that this was to solar what Intel was to chips.  He wants to stick with it.
  • Foster Wheeler (NASDAQ: FWLT) has risen 97% and is his favorite infrastructure play, which should work even higher.  Cramer thinks this one can be bought now without a pullback.
  • Shaw Group Inc. (NYSE: SGR) is the play on nuclear energy and he would stick with this one.
  • BorgWarner Inc. (NYSE: BWA) was play for clean emissions, but he thinks this one should be dumped.
  • MEMC Electronic Materials Inc. (NYSE: WFR) is also up big but Cramer thinks this should be dumped because of recent execution problems.
  • Tetra Tech (NASDAQ: TTEK) was a water play that rose only about 1.6%, but it is becoming the right place because of rapidly deteriorating domestic infrastructure.  It now has a wind energy company.  He thinks you can buy it now.
  • FuelTech (NASDAQ: FTEK) has come back off since he said SELL, but now you can reload on it.  He said sell it once, and he thinks it is going up on increasing efficiency of coal plants. He also likes that insiders have been buying stock recently.
  • OM Group (NYSE: OMG) is an emissions play, but now that it has recovered you can take profits in OM Group or just sell it.

Here was the summary for Cramer’s "original" Alternative Energy & Green Stocks if you want to compare then to now.

We have been highlighting some of the smaller green tech and alternative or renewable energy picks in our own weekly "10 Stocks Under $10" newsletter.  Of those picks, our Capstone Turbine Corp. (NASDAQ: CPST) is up roughly 150% and the only "selling" we have yet to note is perhaps some profit taking to lock in a portion of your gains, but we think this one is heading higher.  Our other pick has only been on the list in the under $10.00 newsletter for a few weeks, and it is already up about 30% since.  We actually just raised our expectations on this one.

Jon C. Ogg
April 21, 2008

The Business Day In Global Warming (BP, GE, RZ, CCTC, SAI, ASTI, TTEK)

BP plc (NYSE: BP) announced that it has moved into full construction of Phase One of the Sherbino Wind Farm, a 150 megawatt renewable wind energy project that is roughly 30 miles east of Ft. Stockton, Texas.  BP also valued its green businesses in wind, hydrogen, bio-mass, and solar as being worth $5 to $7 Billion, and said it will look at how best to realize that growing value for shareholders. This may be a sale or spin-off, if not look for joint-ventures or partnerships.

General Electric (NYSE: GE) disclosed that it entered into a more than $700 million supply pact for more than 500 megawatts of renewable wind energy with Renewable Energy Systems Americas Inc., an Austin, Texas, wind developer, with wind turbines for projects in 2009 and 2010.

We’d also note that last night Jim Cramer interviewed presidential candidate Hillary Clinton, and they briefly discussed "all renewables" as a solution to dependence upon foreign oil.  No mention was made of nuclear though.

We saw some key downgrades in the solar sector yesterday out of Banc of America.

Raser Technologies, Inc. (NYSE Arca: RZ) signed a memorandum of understanding with Tecstar, LP and Wheel to Wheel, LLC, outlining their intent to work together with Raser to manufacture plug-in hybrid electric vehicles (PHEV) for utility, government, and other fleets.

Clean Coal Technologies, Inc. (Pink Sheets:CCTC) signed an agreement with The Benham Companies, LLC, a subsidiary of Science Applications International Corporation or SAIC, inc. (NYSE: SAI) to support commercialization of CCTI’s coal cleaning plants in China.

Ascent Solar Technologies Inc. (NASDAQ: ASTI) and ITOCHU Corporation of Japan announced that the companies will begin work toward the development of one or more strategic cooperation relationship in machinery for Ascent Solar’s planned 100 MW manufacturing facility, raw materials for solar modules, future distribution of Ascent Solar products in Japan, and more.

Tetra Tech, Inc. (NASDAQ:TTEK) was awarded three wind energy projects for engineering, procurement, and construction services totaling about $150 million by western utility PacifiCorp. Work on the three projects will begin immediately and is expected to end in December 2008.

As a reminder, whether you prefer the term "Global Warming" or "Climate Change" is not the issue as far as 247WallSt.com covers it. Green business has become big business, and this affects many public companies today.

Jon C. Ogg
February 28, 2008

Backward & Forward, Cramer In 2007 To 2008

2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008.  Everyone’s favorite market pundit or least liked pundit is obviously Jim Cramer.  If you love Cramer or can’t stand him it really doesn’t matter.  He signed a new multi-year deal with CNBC recently.  Here are some of his major calls this year that will still be referred to in 2008:

Here were Cramer’s TOP 9 STOCKS FOR 2007, with a call broken down for each one.  Borat would say HI FIVE on some and NOT SO NICE on others, as would be expected.  Cramer’s 14,582 year-end DJIA target…..Friday’s close was 13,365.87……although we did hit 14,279.96 on OCT11, 2007.  Cramer also gave a batch of price targets on most of theDJIA components:

Cramer’s Stock Picks FOR 5-YEARS OUT:

SOME LISTS: His list of recession proof stocks compared to ours.  We are updating our
Defensive Stocks For The First Half Of 2008" currently.  Cramer gave a huge list of companies he expects to benefit from the alternative energy traders (SGR, FWLT, BWA, OMG, FSLR, FTEK, WFR, TTEK, ZOLT, BP, SPWR, CY, CPST, ITRI)… Jim Cramer pondered which US companies China would want to acquire, about 3 months before sovereign funds started buying into US companies.  Cramer’s mortgage winners and losers…… Here were his MAJOR BULL MARKET STOCK PICKS(MHS, CVS, AGN, CELG, GENZ, CEPH, RIG, HAL, EMR, CAT, CMI, UTX, KO,PEP, CL, GS, SKS, VFC, UNP, CSX, BA), some of which are DJIAcomponents.  Cramer produced a "MUST OWN" list of stocks, many of whichare up significantly and some are down (WHR, BDK, ATI, BGC, HON, ASD, JCI, MDR, FWLT, CAT, TEX, DE, QCOM)

Cramer spent lots of time on International stocks that most US investors might not cover on their own.  He made a big call on Mercadolibre (MELI) (also BIDU, GOOG) with some emphasis on buying immediately, right before it made a huge run up.  Cramer’s Hidden Video Game Investment Perfect World (PWRD, ATVI, ERTS, VIA) was one he said could run more than 50% for 2008.  Cramer made 5 TOP CHINESE PICKS (CEO, CHL, SSW, FMCN, BIDU, GMR).  We’ll see in 2008 if any of his Canadian OIL TRUSTS get acquired in 2008 (BTE, CNE, PGH, PVX, PWE, AAV, GDI).  Cramer also went over his top picks from Europe for American investors (TOT, SI, ABB, PHG, BF)

ON TECHNOLOGY:  Cramer’s NEW HORSEMEN OF TECH…. will the list change in 2008???  Did Cramer Say $1,000.00 on Google, Or Is It $600.00? That was in May 2007.  Cramer Gave Monster Price targets to Baidu.com (BIDU, GOOG).. will these targets change in 2008? Cramer was very positive on all the GPS stocks,although we’d expect that Cramer will change his tune in 2008 now thatthe holiday madness is behind us (GRMN, UA, CROX, NVT, TRMB, SIRF).

Would it be fair not to include the Barron’s attack on Cramer from summer for those of you that criticize his every word?

ON WARREN BUFFETT…. Cramer noted that BROOKFIELD ASSET MANAGEMENT in Canada may be the next Berkshire Hathaway (NYSE:BRK/A) NYSE: BAM). Cramer reviewed 10 Warren Buffett stocks for analysis and then reviewed 10 More Warren Buffett stocks:

Will his buyout of ALCOA (AA) prediction come true in 2008??? Cramer gave a list of stocks that had bought back so much stock that they might be taking themselves private.

Join our free email distribution list for other Cramer calls or for updates we send out regarding IPO’s, spin-offs, restructuring, reorganization, activist investors and more.

Happy New Years from the 247WallSt.com team!

Jon C. Ogg
December 31, 2007

Top 10 Pre-Market Analyst Calls (ADSK, BRKS, CVC, LNG, ITG, SNN, TTEK, TSN, YHOO, AUY)

These are not the only analyst calls out there this morning, but these are the top ten that 24/7 Wall St. is looking at this morning.

  • AutoDesk (ADSK) raised to Buy from Neutral at Goldman Sachs with a $52 target.
  • Brooks Automation (BRKS) raised to Outperform at Bear Stearns.
  • Cablevision Systems Corp. (CVC) lowered target from $33 to $31 at Goldman Sachs.
  • Cheniere Energy (LNG) started as Buy at Banc of America.
  • Investment Technology Group (ITG) raised to Outperform at Keefe Bruyette & Woods.
  • Smith & Nephew (SNN) raised to Outperform at Bear Stearns.
  • Tetra Tech (TTEK) started as Underperform at BMO.
  • Tyson Foods (TSN) raised to Buy at Deutsche Bank, after yesterday’s blow-up.
  • Yahoo! (YHOO) raised to Outperform at CIBC.
  • Yamana Gold (AUY) raised to Buy at UBS.

Jon C. Ogg
November 13, 2007

Jon Ogg produces the 24/7 Wall St. Special Situation Investing Newsletter; he does not own securities in the companies he covers.

Cramer’s Alternative Energy & Green Stocks (SGR, FWLT, BWA, OMG, FSLR, FTEK, WFR, TTEK, ZOLT, BP, SPWR, CY, CPST, ITRI)

On tonights MAD MONEY on CNBC, Jim Cramer wanted to pitch in on covering the green-tech stocks.  He says he has no politics on his calls because he is just looking at these as opportunities to make money.  Cramer’s green stocks are up 68% on average since he covered that Massachusetts ruling back in April.  His stocks from back then and here are his reviews now:

  • Shaw (SGR) up from $30 by 146% in nuke power infrastructure he thinks it can still double.
  • Foster Wheeler (FWLT) up 99% and being driven by non-green demand, it’s still a favorite but for another reason.
  • Borg Warner (BWA) is up 38% and still has legs in cleaner engine parts, Cramer thinks it goes higher.
  • OM Group (OMG) is actually down on refining cobalt and he said he’d have given up if last quarter wasn’t good.
  • First Solar (FSLR) was up big today on a $1 Billion contract.  Its up 170% since his recommendation and he thinks it can go higher with analysts racing each other to raise targets.  It reports Wednesday but he says it is expensive and he’s look at it speculatively.
  • Fuel-Tech (FTEK) is one that Cramer would rather sell than OM Group.
  • MEMC (WFR) is an arms merchant for solar makers in making wafers for solar panels; too good to pass it up; it’s cheap and he thinks out of all green stocks that this one is still bargain.  MEMC is his TOP PICK in the alt-en sector.
  • Tetra Tech (TTEK) is his play on the water group and he likes the last buyout with an international footprint.

He doesn’t see a single one where he thinks the run is over.  In a call-in he was also positive on Zoltek (ZOLT).  As far as BP’s (BP) initiatives in a call-in, he thinks it is an after-thought and right now it doesn’t add up right.  SunPower (SPWR) in a last call-in is one that he’s been behind and he thinks Cypress Semi (CY) is the play off it.

Another alternative energy stock an analyst said could double is Capstone Turbine (CPST) today in an unrelated report.  That was Lazard, and its analyst also defended Itron (ITRI) on recent weakness.

Jon C. Ogg
November 6, 2007

Critiquing Smart Money’s “Ten Stocks for the Next Ten Years”

Stock Tickers: AAWW, CELL, HPOL, OSIS, PWAV, SIRO, TTEK, UNFI, VAS, WTS

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.

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