If Apple Shares Stay Under $500 For Long, Look Out Below!
courtesy of AppleApple Inc. (NASDAQ: AAPL) has been having its share of problems as a stock. If the reports of lower component and parts orders are true for the iPhone 5, then the reports…
All Work
Jon C. Ogg
Analyst Sees Irresistible Cyclical Bottom in Semiconductors in 2013, with Caveats
ThinkstockCredit Suisse is out with its outlook for semiconductors in 2013. The report sounds great at first when you hear “Irresistible Cyclical Bottom,” but then you have to realize that it is followed by the…
More Hope for Cancer Vaccines in 2013 (UBS, GSK, DNDN, AMGN)
ThinkstockCancer ranks on the list of global killers as number two. Over the years, great strides have been made not only in cancer treatment but in survival rates for many different forms of the disease.…
More Bad News for PCs: Gartner Shows Tablets Phasing Out PC Sales
ThinkstockIf you were looking for confirmation that sales of personal computers were weak during the holidays, look no further. Gartner has released its data, which said that global PC shipments declined by 4.9% in the…
More Flu Season Stock Winners (HITK, PTX, PRGO)
ThinkstockThe 2012 to 2013 flu season has reached what is officially at pandemic levels. The government report last week showed that more than 7% of the deaths in the prior week were tied to…
Top Analyst Upgrades and Downgrades (AXP, ARMH, COF, CSCO, DE, EMC, FB, HPQ, HUN, IBM, OKE, PM, S, VZ)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen so far from Wall St, research calls this Monday: American Express Co. (NYSE: AXP) cut to Neutral on valuation/price at Goldman…
UBS Sees Weaker 2013 IT Spending, but Certain Stocks Look Promising (UBS, DELL, EMC, NTAP, IBM, HPQ, ORCL, RIMM, CSCO, JNPR, ARUN, MSFT, VMW, SAP, ACN, INFY, QQQ, IYM)
ThinkstockAfter a solid year for information technology spending by major corporations in 2012, companies surveyed by analysts at UBS A.G. (NYSE: UBS) suggest that spending will decline in 2013. In fact estimates have dropped to growth…
Xoom Files for IPO
ThinkstockXoom Corporation has decided to be one of the first filings for an initial public offering in 2013. The company filed to raise up to $50 million via a common stock sale but no…
Can Dendreon’s Stock Really Double Again?
ThinkstockDendreon Corp. (NASDAQ: DNDN) is seeing shares surge higher on Friday on an analyst upgrade. The move higher is part because Dendreon has a long history of boom and bust with large share price…
Major Earnings on Deck for the Coming Week (FCX, EBAY, JPM, BAC, C, GS, GE, MS, SLB, INTC, LLTC, XLNX)
Frank Golhen, via Wikimedia CommonsThis coming week is going to be the real opening of the floodgates when it comes to earnings season. 24/7 Wall St. has screened through dozens and dozens of coming…
Flu Season Epidemic Likely a Boom for Funeral Homes and Death Care
ThinkstockThe 2012 to 2013 Flu Season is in full force and it looks stronger than we have seen in years. If you look at the Google map of the Flu season the outbreak map…
Junk Bond Spreads Continue to Tighten, Another Yield Bubble Starting to Form
If the spread of junk bonds keeps contracting as investors clamor for yield in an environment where yields are so low, they are going to be priced where investment-grade bonds used to be priced.…
BofA/Merrill Lynch Goes Positive on Housing (TOL, DHI, AWI, OC, MAS, BKD, ESC)
ThinkstockBank of America/Merrill Lynch is going positive on the housing sector. This call is in builders and in building products, but they also made a positive call on two senior housing plays. It should…
Cantor’s Conviction List Stocks With the Most Upside in 2013 (CREE, FRX, RFMD, SLXP, UNIS)
This week Cantor Fitzgerald released its inaugural list of “Conviction” equity ideas for 2013. Far from being a copycat list that mimics every other large bulge bracket firm on the street, the firm produced…
ArQule Fails in Colorectal Cancer Trials
ThinkstockArQule Inc. (NASDAQ: ARQL) is about to lose some serious hope for investors. It and Daiichi Sankyo announced that the top-line results of phase 2 trial with tivantinib in colorectal cancer did not meet the primary endpoint of…
Top Analyst Upgrades and Downgrades (ADTN, AIG, AAPL, CPB, CTRN, DNDN, DPS, EA, GIS, JCP, MMM, NOK, PM, RIMM, THC, VIAB, WYNN)
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research firms this Friday. ADTRAN Inc. (NASDAQ: ADTN) maintained Underperform but named Bear of the Day at Zacks.…
Morgan Stanley Smith Barney’s Five North America Best Ideas (AAPL, CPN, CP, CBS, TDC)
ThinkstockThis week at 24/7 Wall St., we have taken an in-depth look at some of the top picks from the biggest firms on the street. Picks that top their “Conviction” “Focus” or “Key List”…
Weak Toys“R”Us Holiday Sales, Bad for Toy Companies and Video Games
ThinkstockToys“R”Us may no longer be a public company, but that does not mean that it is not an important barometer for toy companies. The company was acquired in a deal in 2005 for $6.6…
AmEx Releases Earnings Early: With 5,400 Layoffs!
ThinkstockAmerican Express Co. (NYSE: AXP) is not usually the first of the financial DJIA stocks to report its earnings in the quarter. The credit card issuer just announced its earnings along with restructuring charges.…
Wells Fargo Earnings Preview, All Bank Investors Must Watch Closely!
ThinkstockWells Fargo & Company (NYSE: WFC) is set to report earnings early on Friday morning. We voted this bank as the safest of the money-center banks before and that still stands. This is the only…