The company, which reports its quarterly earnings Tuesday, has once again become an investor favorite.
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Seagate is upgraded to 'overweight,' while T. Rowe Price is downgraded to 'sell.'
Wednesday's noteworthy upgrades include:
- Citigroup (C) upgraded to Outperform from Market Perform at Wells Fargo
- First Horizon (FHN) upgraded to Outperform from Market Perform at Wells Fargo
- Archer Daniels (ADM) upgraded to Outperform from Market Perform at BMO Capital
- Eli Lilly (LLY) upgraded to Neutral from Sell at MKM Partners
- Seagate (STX) upgraded to Overweight from Equal Weight at Barclays
This must-buy big name is solid and growing strongly -- and it's a bargain.
Some of the world's greatest investments are often sitting right under your nose. While rummaging through my garage the other day, I came across a hammer. I know what you're thinking: I'm going to talk about Home Depot (HD). Nope, I'm going one better. Home Depot has to shell out a lot of money to build and maintain these stores.
Instead, I'm going to talk about a company whose name requires Home Depot to stock its products. That name is Stanley Black & Decker (SWK).
The automaker posts quarterly and annual profits.
Chrysler Group on Wednesday reported fourth-quarter net income of $225 million versus a loss of $199 million a year earlier as the company added new and refreshed vehicles to its lineup. Revenue jumped 41% to $15.1 billion. Like General Motors (GM) and Ford Motor (F), Chrysler is benefiting from rising consumer confidence. In 2011, the three posted their best annual sales in three years.
These two retail stocks are being added to a portfolio made up of stocks splitting their shares.
Our portfolio is comprised of stocks that have announced 2-for-1 stock splits. Each month, we look at all of the companies that have announced splits, and then based on their fundamentals, we select one to add to our model portfolio.
Here's a look at our last two portfolio editions -- retailers TJX Companies (TJX) and Ross Stores (ROST). We recommend purchase of both.
Can the coffee company conquer a country of tea lovers?
By Zacks Equity Research
Starbucks Corporation (SBUX) is slated to make its way into India by the end of August. Starbucks, along with Asia's largest publicly traded coffee grower, Tata Coffee Ltd, is planning to open 50 stores, which will spread its Frappuccino aromas either in Mumbai or in the capital, Delhi, the two largest cities of the country.
A year back, Seattle-based Starbucks entered into an agreement with Tata Coffee Ltd. Per the agreement, Starbucks got the right to procure coffee beans from India and engage in sourcing and roasting of beans while exploring the possibility of opening outlets in the country.
Though there's lots of buzz, traders and consumers should temper their enthusiasm for the social-networking giant.
Social-media giant Facebook filed for its initial public offering Wednesday. The company's filing documents say it generated $3.7 billion in revenue in 2011 with $1 billion in net income, a 27% net profit margin. Revenue was up 88% in 2011 after a 154% gain in 2010. The offering shows that CEO Mark Zuckerberg owns 28% of the company and earned $1.48 million in salary and bonus in 2011.
But there are still a lot of unknowns: how the user experience will change, how profitable Facebook will continue to be and, of course, how Zuckerberg and company will spend the mountains of money they rake in from a stock sale.
But one thing is for sure: This could be the most-hyped IPO in recent memory. And that enthusiasm could be bad for investors who try to get a piece of Facebook.
Gasoline-fueled cars still trump the electric cars in price, speed, maintenance costs, range and refueling options.
The world's dependence on oil will need to wane sometime in the future and electric cars would help this transition. And yet, very few know that they were one of the more preferred cars before the advent of the internal combustion engine and gradually lost the battle of becoming the preferred choice for customers.
Fundamentally inspired picks from a market expert are put to the test by using technical analysis to validate the bullish outlook.
By Tom Aspray, MoneyShow.com
Each year, Barron’s publishes a roundtable discussion with market experts and shares their outlook and recommendations for the coming year. As I’ve mentioned before, I started analyzing the stock market from a technical standpoint over 30 years ago using manually entered data from Barron’s.
I’ve had the opportunity to meet and interview Ed Finn, the editor and president of Barron’s, who always has a very interesting and timely perspective on the markets. In fact, in an interview from early last year, he was recommending buying gold, which as we now know was definitely a good idea!
Leaders are producing less impressive news on the debt crisis with each summit, but strangely, the markets don’t seem to care right now.
By Jim Jubak, MoneyShow.com
Even if you’ve come to expect empty promises dressed up as major progress from summits of European leaders, yesterday’s announcement of a breakthrough deal might have left you marveling at the audacity of Merkel, Sarkozy, Draghi, and company.
Not only did the announced progress—an agreement to back a treaty that would enforce fiscal discipline and to accelerate the setup of the permanent €500 billion rescue fund—have even less content than usual, but it also opened up new problems for countries such as Ireland.
A look at the competitive landscape of a volatile industry.
By Brian Stoffel
Last week I offered a very basic look at the field of rare-earth minerals. Today I'll cover what the competitive landscape looks like should you consider investing in the field.
If you'll recall from my previous article, rare-earth minerals are far from rare: They are distributed throughout the earth's surface. It's simply that deposits can be so spread out that mining them tends not to be economically viable.
Despite generic competition, the pharmaceutical giant beat Wall Street estimates, yet trimmed 2012 forecast.
Pfizer (PFE), the world's largest drugmaker, reported better-than-expected results Tuesday despite the significant hit it took from generic Lipitor competition. The company's cost-cutting efforts and strong sales by its non-pharmaceutical units helped offset the declining sales of its bestselling cholesterol drug. But Pfizer also lowered its 2012 outlook, blaming currency issues.
Pfizer shares were down 1.5% at midday as investors digested the magnitude of the loss of Lipitor exclusivity.
The iPhone maker's share of the smartphone market has inched past rival Samsung.
Another interesting fact that came out of the excellent results was that Apple has overtaken Samsung in the smartphone market.
Growth in PC shipments in emerging markets and pricing support from chip innovation should help the tech company.
This year will likely be another eventful one for the company as it innovates further, pushes ahead in the mobile market and fights greater competition. Although it may not be as stellar as 2011, we believe that Intel has the capacity to do well this year despite certain threats, and the stock has potential to gain another 10% to 15% based on its fair value. Intel already made big strides in terms of innovation when it launched Sandy Bridge APUs in 2011, making integrated graphics from other players like Nvidia (NVDA) obsolete.
The largest operator of farm and ranch stores in the US suffered setbacks during the recession, but recent quarters have seen an uptick.
By Zacks Equity Research
Tractor Supply Company (TSCO), a leading retail firm and ranch store brand, is scheduled to report its fourth-quarter 2011 financial results after the market closes on Feb. 1, 2012. The current Zacks Consensus Estimate for the quarter is 91 cents per share. For the quarter under review, revenue is expected to be $1,216 million, according to the Zacks Consensus Estimate.
Tractor Supply's third-quarter 2011 earnings came in at 58 cents, breezing past the Zacks Consensus Estimate of 52 cents, as well as the prior-year earnings of 40 cents per share.
The networking giant is the real deal, but its valuation is a moving target. Don't make a move just yet.
With a 28% share, Facebook has put quite a distance between itself and Yahoo (YHOO), Microsoft (MSFT) and Google (GOOG) in display advertising. Yahoo is second, with an 11% share, and the others are left in the low-single-digit dust, which tells you how strong the Facebook story is. (Microsoft owns and publishes Top Stocks, and MSN Money site.)
Plus, the company has doubled its revenue in the past year. And the revenue is in the billions of dollars.
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The category is seeing less enthusiasm from investors than any other.
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
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- Aug gold fell for the first time in five sessions as the dollar index gained strength. The yellow metal popped to a session high of $1316.80 per ounce in early morning action but quickly slipped back into the red. It eventually settled with a 0.7% loss at $1306.10 per ounce.
- Sep silver oscillated between positive and negative territory today. It traded as high as $21.12 per ounce after coming off its session low of $20.78 per ounce and settled at $21.00 per ounce, ... More
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