8 reasons the market isn't worse
8 reasons the market isn't worse

Stocks should be crushed by global turmoil, Jim Cramer says. Instead, they're doing fine.

VIDEO ON MSN MONEY

Strong Silverado sales offset a slump in aging brands, but the automaker is betting on small fuel-efficient cars for the future.

By Benzinga Dec 2, 2011 9:58AM

Echo/Cultura RF/Getty ImagesBy Matthew Kennedy, Benzinga


On Thursday, General Motors (GM), along with other U.S. automakers, reported November sales. GM sales rose 6.9%, a slight miss from analysts' estimates of 7.4%. Sales of its Chevy Silverado pickup jumped 34%, compensating for falling sales of its aging Malibu and Impala sedans. Going forward, the company hopes to increase sales by introducing new, small, fuel efficient cars.


Chevy has historically struggled to compete in the economy car class. The previous generation featured the Aveo and Cobalt, both of which were poorly received by consumers. Automotive reviews panned the vehicles for using cheap interior plastics, having poor handling capabilities, and lacking the reliable characteristics of their Japanese competitors. Chevy followed up with the Cruze compact car, which was an improved offering but still did not present the same value proposition as that of the Ford Focus and Hyundai Elantra.

 

World steel production has increased since April 2009 due to a moderate rise in demand. But global growth could slow in 2012.

By Zacks.com Dec 1, 2011 6:08PM

Overview

The world steel industry is concentrated in structure, with a few producers accounting for the lion’s share of sales.

 

Historically, the automotive and construction markets have remained the largest consumers of steel, absorbing more than half of the total steel produced. Large automakers such as General Motors Company (GM), Ford Motor Company (F), Toyota Motor Corporation (TM) and Honda Motor Company (HMC) depend upon the steel industry.

 

The company looks like it will survive the shakeout in the solar sector, but that's not guaranteed.

By Jim J. Jubak Dec 1, 2011 5:28PM
Image: Solar energy (© Mick Roessler/Corbis)Yingli Green Energy Holding (YGE) announced ugly third quarter results on Nov. 23 -- and then topped them with even uglier forecasts for the fourth quarter. 

Shipments will be down 20% in the fourth quarter from the third quarter and average-selling prices will fall by 13% to 19%.

But investors expected that. What they want to know about Yingli Green Energy -- and about all the world's solar companies -- is if they have the cash to survive until the solar market turns and when is that turn likely.
 
Tags: YGE

A popular analyst is eyeing an Apple HDTV next year.

By Motley Fool Pick of the Day Dec 1, 2011 4:20PM

By Rick Aristotle Munarriz

 

By the time Apple (AAPL) rolls out its rumored flat-screen television -- whenever that may ultimately be -- we may as well call it the iMunster.

 

After all, no one has championed the cause the way that Piper Jaffray's Gene Munster has. For nearly three years Munster has hopped on his horse, shouting to anyone within hearing distance, "The Apple HDTVs are coming! The Apple HDTVs are coming!"

 

Any advantage to the aircraft maker will set it on track to reach 40% global market share by 2014.

By Trefis Dec 1, 2011 3:49PM
Image: Paper airplane made of money (© Tetra Images/Corbis)Boeing (BA) is in an advanced stage of negotiations with United Continental (UAL) over an order for up to 180 narrow-body jets, according to Reuters.

The aircraft manufacturer is competing with Airbus for the deal -- worth about $15 billion at list prices -- and analysts speculate that a split-order is the most likely outcome. If Boeing manages to secure exclusivity, however, it would be the latest in a string of high-profile coups for the manufacturer, continuing a trend which could send its global market share above 40%. 
Tags: amrBAual

The company is taking another look at expansion and is signing key deals.

By Trefis Dec 1, 2011 3:40PM
Things are looking up for Alcoa (AA), and with a Trefis price estimate over 60% ahead of the current stock price of about $9, the company may be on the brink of breaking out of a slump that began six months ago.

At that time, the stock was trading above $16 a share. Of course, Alcoa wasn't alone. The industry as a whole, including Freeport McMoRan Copper (FCX) and Brazilian firm Vale (VALE), took it on the chin around that same time. 
Tags: AAFCX

Despite a strong November close, these big, dividend-paying Dow stocks have plenty of leftover upside potential.

By MoneyShow.com Dec 1, 2011 3:12PM

Image: Stocks circled in newspaper (© Digital Vision/Getty Images)By Tom Aspray, MoneyShow.com


Wednesday’s record gains helped most stocks close near their highs for November, yet the month-end scan of the stocks in the Dow Industrials reveals that many are still far from overbought levels. Many of these large-cap stocks also offer attractive yields.


I use Starc band analysis to identify overbought and oversold conditions. When a market or equity is close to its upper monthly Starc band (Starc+), it is a high-risk time to buy and considered overbought. Conversely, when close to the lower monthly Starc band (Starc-), it is a low-risk time to buy and considered oversold.

 

The sector has been hit hard in the economic downturn, and stocks are now too cheap to ignore.

By Jonathan Berr Dec 1, 2011 3:05PM
Image: Cruise ship (© Keith Wood/Corbis)Earlier this year, Royal Caribbean Cruises (RCL) hit investors with a double whammy of disappointment, announcing an accounting error and slashing earnings guidance for the year because of higher fuel prices.  

Shares of the Miami cruise operator, not surprisingly, got crushed and are down more than 40% for the year. Things, though, are looking better for the company.

As the U.S. economy slowly recovers, people are going to feel more confident about their economic futures and will take more vacations. 
Tags: CCLDISRCL

Buyers flocked to dealerships as automakers offered end-of-year discounts and other incentives.

By Kim Peterson Dec 1, 2011 1:44PM
Image: Couple shopping for a new car © Tetra Images/Getty ImagesUpdated 4:35 p.m. ET

Buyers snapped up cars in November, making the month one of the most successful for auto sales since the Cash for Clunkers days of 2009.

Strong demand helped push the seasonally adjusted annual rate for light vehicles to 13.7 million, according to industry tracking firm Autodata. That's higher than the 13.3 million seen for October and the 12.3 million a year earlier.  
Tags: FgmHMCTM

Hewlett-Packard and Procter & Gamble are upgraded.

By MSN Money Partner Dec 1, 2011 1:17PM
Thursday's noteworthy upgrades include:
  • US Airways (LCC) upgraded to Overweight from Equal Weight at Barclays
  • Procter & Gamble (PG) upgraded to Outperform from Sector Perform at RBC Capital
  • Hewlett-Packard (HPQ) upgraded to Sector Perform from Underperform at Pacific Crest
  • Green Mountain (GMCR) upgraded to Outperform from Market Perform at William Blair
  • Seagate (STX) upgraded to Buy from Hold at Argus
 

Accept a buyout offer when it comes. It is the only sensible move.

By InvestorPlace Dec 1, 2011 1:12PM

By Jonathan Berr


Yahoo (YHOO) should take the money and run -- fast.


According to Reuters, Blackstone Group and Bain Capital -- along with some Asian partners -- are preparing a bid of about $25 billion for all of the Internet portal. It remains unclear whether China's Alibaba, which wants to buy back Yahoo's 40% ownership stake in it, will participate in the $20-per-share bid, though it seems likely it would.

 

A string of better-than-expected quarters suggests a turnaround is developing for the retailer.

By TheStockAdvisors Dec 1, 2011 1:05PM
Image: Girls playing tennis (© Digital Vision)By Chuck Carlson, The DRIP Investor

There’s a nice turnaround story building at Foot Locker (FL), the specialty athletic retailer that operates approximately 3,400 stores in 22 countries.

Solid operating momentum, a cash-heavy balance sheet, and an attractive yield of nearly 3% are just a few of the attractions of these shares. 
Tags: FL

Its best-selling drug ever goes off patent. What's next for the world's largest drug company?

By Melly Alazraki Dec 1, 2011 11:59AM

Don Farrall/Photodisc/Getty ImagesThe day finally came when the world's largest drug company, Pfizer (PFE), lost patent protection on the best selling drug ever, cholesterol fighter Lipitor.

Lipitor has been a major source of income for the New York-based pharmaceutical. The pill was released in 1997, and by 2006 it had reached peak sales of $12.9 billion, accounting for 27% of the company's revenue. Even after Pfizer acquired Wyeth, Lipitor still accounted for 15.8% of total revenue in 2010, with $10.8 billion in sales. Altogether, Lipitor sales surpassed $100 billion.

 
Tags: PFETEVA

Despite economic uncertainty, people have continued to eat out. We've found 5 restaurant stocks that offer both fundamental and technical strength. Pizza chains are stand-outs.

By MoneyShow.com Dec 1, 2011 11:54AM

By Kate Stalter, MoneyShow.com


Consumers and businesses have continued going out to restaurants and spending money, even in a shaky economy. While many stocks have been struggling below key moving averages in the recent market volatility, several restaurants are trading at or near all-time highs.


Pizza restaurants, in particular, are standouts, with a few chains delivering fresh price action that’s far outpacing the broader market.

 

So far, betting on upscale retailers has proved to be a wise strategy, but a disappointing forecast from Tiffany's could mean future growth will be harder to find.

By The Fiscal Times Dec 1, 2011 11:49AM

CorbisBy Suzanne McGee, The Fiscal Times


Tiffany's (TIF) earnings may look glittery on the surface, with the jeweler on Tuesday reporting a 63% jump in its third-quarter results and boosting its forecast for the year by another nickel a share to as much as $3.80. But even the news that Tiffany's same-store sales climbed by 16% (excluding currency fluctuations) in the third quarter – at a time when other retailers have a tough time topping 4% or 5% – wasn't enough to allow the stock to shine. Even as the broader market rallied strongly Wednesday, Tiffany’s shares edged lower, following a drop of almost 9% the day before.


Sales growth at Tiffany’s seems to be slowing, and the fourth quarter will be a slower one than the company expected. Investors also were unnerved by the company's news that gross margins narrowed, in large part due to the fact that sales were of more costly items, which usually have lower margins.

 

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

129
129 rated 1
281
281 rated 2
444
444 rated 3
732
732 rated 4
629
629 rated 5
623
623 rated 6
610
610 rated 7
440
440 rated 8
303
303 rated 9
126
126 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
BBBYBED BATH & BEYOND INC10
TWXTIME WARNER Inc10
COPCONOCOPHILLIPS9
HDHOME DEPOT Inc9
VZVERIZON COMMUNICATIONS9
More

Trending NOW

What’s this?

RECENT QUOTES

WATCHLIST

Symbol
Last
Change
Shares
Quotes delayed at least 15 min

ABOUT

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.

Follow us on Twitter @topstocksmsn.

MARKET UPDATE

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.
Market index data delayed by 15 minutes

[BRIEFING.COM] The stock market capped the trading week with losses across the major averages. The S&P 500 fell 0.5% to surrender its weekly gain, while the Dow Jones Industrial Average (-0.7%) and Russell 2000 (-0.9%) underperformed. The two indices posted respective losses of 0.8% and 0.6% for the week.

Equity indices were pressured from the get-go after several heavyweights disappointed the market with their earnings and/or guidance, which led to some broader profit-taking. After ... More


Currencies

NAMELASTCHANGE% CHANGE
There’s a problem getting this information right now. Please try again later.