Index Breakouts
From Ticker Sense Yesterday, the Dow and S&P 500 staged breakouts to new highs but failed to close above the highs on January 24th. This morning, the indices continue to show strength and have…
All Work
Douglas A. McIntyre
Analyst Sentiment
From Ticker Sense Regular readers of our research will know that we often cite various indicators to track investor sentiment. One group which we haven’t highlighted in a long time is analysts, and as…
First of the Month
From Ticker Sense On Tuesday, we noted that the last day of the month has not typically produced market gains. Granted, yesterday was no normal day since so much was going on, but the…
LSTR: Landstar Back in the Driver’s Seat
By William Trent, CFA of Stock Market Beat Yesterday Landstar System, Inc. (LSTR) rose on the back of CH Robinson’s (CHRW) positive surprise. Today the stock is following through on Landstar’s own reported net…
Chrysler Beats The Devil: Jan Sales Rise
Pundits thought Chrysler’s (DCX) sales would drop in January from the same month a year ago, Well, opps. DaimlerChrysler’s US sales moved up 3% to 173,377. Sales of the Chrysler brands rose 1% to…
No Amount Of News Seems To Move Sirius Or XM
So far this year Sirius Satellite Radio’s (SIRI) stock is down about 1% and XM’s (XMSR) is off 6%. Looking back a whole year, both are off double digits. The news, in general, has…
Pairs Trade: Dell Vs. Hewlett Packard
Stock Tickers: DELL, HPQ After the news of Michael Dell taking full control back from Rollins by re-assuming the CEO role, it wasn’t just a "that’s great for DELL holders" thought that prevailed. There…
Exxon Impresses: Making Money As Oil Falls
Oil prices have not exactly been on a roll, but Exxon (XOM) has been. Despite a drop in prices from $78 a barrel to well under $60, XOM turned in net income of $10.25…
Equity Office: How High Can the Bids Go?
Equity Office Properties (EOP-NYSE) is in a strange situation. The bidders obviously have different math and different valuation beliefs than Main Street; although that is usually the case. Vornado Realty Trust (VNO-NYSE) has bumped…
24/7 Wall St. Break-Up Values Versus Share Price TXN, UTX, SGP
Break-up valuations of major US companies continues to show disconnect between intrinsic values and market values. 24/7 Wall St. is looking at the break-up values of a number of large cap companies. Firms with…
24/7 Wall St. 2007 Break-Up Values: Texas Intruments $35 (Currnet Price $31.20)
By Ryan Barnes. Edited By Douglas A. McIntyre Texas Instruments (TXN; $31.19; Breakup Value $35 ) Texas Instruments has historically traded in a range of 3-5x sales, and the current ratio is a bottom-dwelling…
Pre-Market Stock Notes (FEB 1, 2007)
by Jon C. Ogg (ADM) Archer Daniels Midland $0.67 EPS vs $0.60e.(AFFY) Affymax Receives $10 mln milestone payment From Takeda based on progress in hematide.(AGU) Agrium $0.25 EPS vs $0.20e.(ALNY) Alnylam announced positive results…
24/7 Wall St. 2007 Break-Up Values: United Technologies $67 (Current price: $68)
By Ryan Barnes. Edited By Douglas A. McIntyre United Technologies Corp. (UTX) – Current Price $68.10; Breakup Value $67 United Technologies is your prototypical conglomerate, with six designated operating segments that are not only…
Is Lenovo Keeping Dell And HP At Bay In China?
Lenovo, the big Chinese PC company that owns the old IBM (IBM) PC business had mediocre earnings. Revenue was flat at $4 billion. But, the company did well in it home market. Outside China,…
Pre-Market Analyst Calls (FEB 1, 2007)
by Jon C. Ogg ADP raised to Overweight at Thomas Weisel.AEOS started as Underweight at Thomas Weisel.ANF started as Overweight at Thomas Weisel.ARMHY cut to Hold at AG Edwards.APL cut to Mkt Perform at…
Comcast: Good Results, But A Miss
Comcast (CMCSA) tripled its net year-over-previous-year in its most recent quarter. The figure rose to $390 million. Revenue jumped to $7.03 billion. Wall St. wanted more: $7.13 billion. So, Comcast’s shares may get the…
Google Price Targets: Victory Of Hope Over Reason
According to Briefing.com "Stifel Nicolaus raises their Google (GOOG 501.50) tgt to $585 from $554, following Q406 results that were ahead of expectations… Prudential raises their Google (GOOG 501.50) tgt to $600 from $575,…
Google: The Death Of The Internet
At the end of the 1968 film "The Swimmer", Burt Lancaster remarks "Look at that Sun, all the heat’s gone out of it." The Internet is cooling considerably. Mary Meeker of Morgan Stanley remarked…
Europe Markets 2/1/2007 AXA, France Telecom Rise
Stocks: (BCS)(BP)(BT)(GSK)(PUK)(RTRSY)(UN)(VOD)(BAY)(DCX)(DB)(DT)(SAP)(SI)(ALU)(AXA)(FTE)(STM)(V) Markets in Europe rose at 5.45 AM New York time. The FTSE was up 1.1% to 6,271. Barclays rose 1.5% to 751. BP rose .7% to 538. BT rose .2% to 306.75.…
24/7 Wall St. 2007 Break-Up Values: Schering-Plough $29.67 (Current Price: $25)
By Ryan Barnes. Edited by Douglas A. McIntyre Big Pharma is notoriously hard to value, as the strength of the pipeline and product mix tends to determine future earnings power, and nobody ever knows…