There are some picks in this sector that have excellent valuations and strong earnings growth.
VIDEO ON MSN MONEY
These stocks were debut darlings of 2010, rising sharply in their first year of trading. Now, after suffering some growing pains, they can be bought at a much better price.
By Stockpickr Staff
When it comes to investable ideas, you don't need to always search for new ideas that may or may not appreciate in value. Instead, you can focus on stocks that have already proven themselves to hold appeal in the past. Often, these same stocks can fall in value as the market hits a speed bump. With that in mind, we're re-visiting these strong IPO plays of a year ago, focusing on those names that delivered solid gain in their first year of trading, followed by profit-taking in their sophomore year.
For those that missed these highflyers the first time around, the current sell-off may represent a buying opportunity. Here are three IPO stocks that could rebound in 2012.
New-home construction is still extremely weak, and is the main reason this recovery feels so anemic.
By: Dirk Van Dijk
We got some fairly good news on the housing front Thursday morning. Housing starts fell in September to a seasonally-adjusted annual rate of 628,000 from 630,000 in August, a drop of 0.3%.
The number was better than the expected level of 603,000.
However, the September numbers were revised sharply lower from 658,000, and it looked like a lot of the starts got pushed into October. So call the beat of expectations and the downward revisions a wash.
The IPOs are coming in at a fast and furious pace after a prolonged freeze.
Angie's List (ANGI) saw a quick 40% pop on its first day of trading, rising as high as $18.75 before settling back to $16.50 in the afternoon.
The consumer-reviews site didn't have the first-day buzz of many of its Internet peers, but its gains showed that the IPO environment for even smaller companies is becoming more friendly.
From autos to cloud computing, this company helps manufacturers produce more efficient devices.
Ansys (ANSS) is a company right in the middle of ﬁguring out where power comes from, where it goes and how best to use it.
The company designs and runs complex and critical simulations for manufacturers of every stripe. Its customer base exceeds 40,000 and includes 96 of the top 100 industrial companies in the U.S.
The retail-sales outlook has been grim, but actual numbers have been surprisingly strong. Should you look to buy in?
By Tom Aspray, MoneyShow.com
October’s jump in retail sales caught some by surprise, and suggested that consumer spending is healthier than many think. This was the fifth consecutive monthly increase. Electronics and building supplies led the way.
On the other hand, department-store and retail-apparel sales were down. The strong seasonal period for retail, as I noted last month, generally runs until at least the start of December, if not all the way until Christmas.
The company will focus on expanding in the UK and Ireland in the next few months.
The company has made some progress recently by signing content deals and expanding its reach on mobile devices. Even hedge fund manager Whitney Tilson, who famously shorted the stock, is now long.
As the European debt crisis threatens to spiral out of control, banks are desperately seeking shelter from the storm.
By Shanthi Bharatwaj, TheStreet
As the European debt crisis threatens to spiral out of control, banks are scrambling behind the scenes to protect their balance sheets and hedge their exposure to ride-out an increasingly scary 2012.
But while some of the moves may help mitigate the losses from Armageddon, market watchers say certain financial insurance policies -- particularly credit default swaps on sovereign debt -- may not work in a new financial crisis.
More shopping options and jobs are good, but low wages and competition for mom-and-pop business may be bad.
Wal-Mart (WMT) has taken a beating lately. Disappointing earnings showed higher costs sapped profits, and the retailer recently lowered its full-year forecast. Costco (COST) and others continue to overshadow Wal-Mart in the discount market. WMT stock has gone pretty much nowhere in two years.
But there are signs that things could be turning around. The company has stopped its slide in U.S. same-store sales at its stores recently and is embarking on an ambitious campaign to tap into urban markets.
A better sales mix should give a boost to the automaker's share of the North American car market.
However, Ford's car sales have improved 7% year to date from 2010. Its Fiesta, Fusion and Focus models have seen strong retail sales, and a better sales mix in the medium term should boost its share in the North American car market. Ford mainly competes with General Motors (GM), Toyota (TM), and Honda (HMC).
Earnings projections suggest the stock is now at bargain levels for long-term investors.
Target (TGT), a 'buy' on our recommended list, just delivered a stronger-than-expected third-quarter profit; gains were driven by solid sales in higher-margin categories like is signature apparel lines and home goods.
The credit card unit also performed well as the penetration of the company's REDcard rewards credit card, which gives cardholders a 5% discount on purchases, rose to 9.5% from 5.5%.
Will Eddie Lampert's retail empire ever get its act together?
Sears Holdings (SHLD) CEO Lou D'Ambrosio deserves credit for not sugar-coating lousy quarterly earnings. Too bad talk is cheap.
The struggling retail empire controlled by investor Eddie Lampert reported a net loss of $421 million, or $3.95 per share, significantly worse than the loss of $218 million, or $1.98, a year earlier. Sales slumped for the 19th straight quarter, tumbling 1.2% to $9.57 billion.
A number of carriers plan to launch new international and domestic routes next year while curtailing non-profitable flights.
By: Zacks Equity Research
After a prolonged battle with soaring fuel prices and capacity pullback to optimize the cost structure, airline companies are on a spree to expand network capacity.
Companies like Delta (DAL), JetBlue (JBLU) and Southwest (LUV) are the latest to join the bandwagon after United Continental (UAL) announced last week that it will launch flights in new international routes in the first half of 2012.
The company has seen rapid customer growth, which analysts think reflects market acceptance of enterprise cloud computing.
By: Zacks Equity Research
Salesforce.com (CRM) is scheduled to announce its third-quarter results Thursday afternoon, and we see limited movement in analyst estimates to date.
Second Quarter Overview
Salesforce.com delivered decent second-quarter results, beating the Zacks Consensus Estimate on the bottom line. The quarter’s adjusted earnings came in at 6 cents per share, 3 cents ahead of our expectation.
With each bond auction worse than the previous one, we're caught in an endless downward spiral.
If you know that every bond auction of almost every country in Europe is going to go badly from now on, if you know that any particular country, like Spain or Italy, has endless financing needs and no institution can afford to show that it has that paper on the books, then you are set up for an endless spiral down. You can't break it. It's as if every day a new Macondo well goes off and the only way to stop it is to let it run out.
The company now allows businesses to establish a presence on its Google+ social network.
Although Facebook has already established itself in promoting business pages, Google can provide an additional advantage to businesses by providing extensive integration between Google+ and other features such as Google Search and Google Apps. These moves will help draw businesses in promoting themselves and could threaten to extend its lead over Yahoo (YHOO) and AOL (AOL) in the online advertising market.
MORE ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
These hot movers could rise by double digits in coming months.
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.
The final week of August represented one of the quietest stretches for the stock market so far this year. The first four sessions of the week produced the ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|