Three Analyst Stocks Projected to Double, or More
These are the three analysts stock picks from Wall Street in recent days that were projected to have implied upside of 100% or more.
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Jon C. Ogg
Why RadioShack Needs to File for Bankruptcy Protection Now
courtesy of RadioShackRadioShack Corp. (NYSE: RSH) needs to immediately reflect upon its earnings report in June and admit that the situation is untenable. The company’s sales trends and earnings have steadily deteriorated, to the…
Citi Gets Its Turn for Multi-Billion Dollar Mortgage Fines
Citigroup is finding out that it also gets a turn in the mortgage settlement barrel. Shares have dropped on Friday on news that the U.S. Department of Justice is seeking a $10 billion fine…
Why the OpenTable Buyout Makes Yelp a Buyout Candidate Too, Maybe
ThinkstockWhat happens when one merger takes place? It begets other related mergers, or at least traders and investors will flock to those secondary beneficiaries as a result. With the unexpected buyout of OpenTable Inc.…
University of Michigan Sentiment Unexpectedly Drops
ThinkstockThe preliminary reading from the Reuters/University of Michigan Consumer Sentiment report is out at 81.2 for the first look at June. Bloomberg had a consensus estimate of 83.0. The current conditions reading was 95.4,…
Producer Prices Signal Deflation Risk
ThinkstockThe Labor Department has released its Producer Price Index (PPI), a measurement of wholesale inflation. In Friday’s report, that should probably read deflation. Before you panic about deflation, just keep in mind that oil…
Top Analyst Upgrades and Downgrades: Alcoa, Intel, Lululemon, MannKind, Marathon, Occidental and More
These are the top Wall Street analyst upgrades, downgrades and initiations for Friday, June 13, 2014. They include Alcoa, Intel, Lululemon, MannKind, Marathon and Occidental Petroleum.
Why Microsoft, HP and Dell Love Intel All Over Again
ThinkstockIf you have followed the business segment serving PCs in recent years, you know that the rise of smartphones and tablets has cannibalized the PC market for quite some time now. But news out…
Intel Raising Guidance — on Stronger Business PC Demand
Intel Corp. (NASDAQ: INTC) is raising guidance. On top of that, the company is claiming that this is “As a result of stronger than expected demand for business PCs.” If that is the case,…
What Civil War in Iraq Means for Defense Firms, and Oil
Iraq is getting out of control, and with no U.S. presence there, the terrorists or insurgents (or whatever you want to call them) are making serious headway to capture cities and disrupt oil exports.…
Two Solid Water Stock Picks From Analysts
ThinkstockAfter the American Water Works Association’s Annual Conference & Exposition was held this week in Boston, we have been looking for commentary and analysis for ideas behind the hot and secular theme of investing…
Rising Business Inventories Signal Expected Strength Ahead
ThinkstockBusiness inventories rose by 0.6% in the month of April. While this report from the Department of Commerce is reported with a one month lag, inventories are an indication that businesses are stocking up…
May Import and Export Prices Keep Deflation Worries Alive
ThinkstockAre we supposed to be worrying about inflationary pressures or deflationary pressure in the months ahead? That answer is one in which beauty is in the eye of the beholder. Import and export prices…
Retail Sales in May to Act as GDP Drag
ThinkstockRetail sales in May rose by only 0.3% on the headline data, short of the Dow Jones target of 0.7% and short of the Bloomberg target of 0.6%. The number was put at $437.65…
Jobless Claims Tick Higher, With Four-Week Average and Continuing Claims
The U.S. Labor Department is out with yet another weekly jobless claims report. Claims rose by 4,000 to 317,000 in the past week. Dow Jones was calling for 310,000, and Bloomberg was calling for…
Top Analyst Upgrades and Downgrades: Apache, Apple, HP, Qualcomm, Sprouts and More
These are the top Wall Street analyst upgrades, downgrades and initiations for Thursday, June 12, 2014. They include Apache, Apple, Hewlett-Packard, Qualcomm and Sprouts Farmers Market.
Orexigen Irony: No VIVUS Bounce
ThinkstockVIVUS Inc. (NASDAQ: VVUS) investors have a lot to be disappointed about these days. America’s ballooning waistline is reaching a critical level, yet VIVUS did not even manage to close up one penny on…
Target Aims to Become King of Dividends in Retail Sector
courtesy of Target Corp.When companies raise their dividends, it is usually a message from the company’s management that the underlying business fundamentals can carry the company’s cash flows at the same or sufficient levels…
Ten-Year Treasury Auction Shows Big Bias Reversal From Two Weeks Ago
ThinkstockIt has only been about 10 days since we pondered whether the bond rally was signaling the risk of a recession or something else negative in a flight to safety trade. And now a…
California Tax Revenues Come Up Short in May
As the slow tax season over summer is approaching, we are reviewing tax data from states around the U.S. to see how things are coming along. In California, it looks as though the gains…