Pressure from investors is likely to keep Citigroup’s (C) stock moving up. The company is cutting investment spending.
Many Gulf Coast companies recommended to bu after Katrina are up sharply. These include Marinc Prodocts (MPX), Energy South ((ENSI), Gulf Islan Fab (GIFI), Team (TMI), IberiaBank (IBKC), Superior Energy (SPN), Shaw Group (SGR), Frozen Food Express (FFEX), Powell Industry (POWL), and Craftmade (CRFT).
TurboChief (OVEN) i up 40% over the last year, but as companies like Starbucks (SBUX) buy thousands of their ovens, the stock could go higher.
NY Community Bancorp (NYB) shares have been dropping. Its dividend has helps keep them steady recently. The bank’s forecasts however, could send the down again.
The sale of Novartis’ (NOV) medical food division should boost margins.
Shares in IPO Heely’s (HLYS) which makes extreme sports footwear did well on its debut. But,any slip in earnngs could bring it back down.
Neglected by Wall St., Conoco Philipd (COP) look cheap based on assets and stock market valuations compared to other big oil companies like Exxon (XOM), Chevron (CVX), and BP (BP).
Shares in SIRF (SIRF) are in trouble as it gets competition in that chip for navigation device business from Global Locate.
Jacob Internet Fund is getting better returns. The fund has put bets on IAC/Internet (IACI), Napster (NAPS) and InfoSpace (INSP).
Douglas A. McIntyre
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