The most likely scenario is that the markets will begin to rise from here -- and that bounce is just beginning to take hold.
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This low-priced telecom stock could be set to outperform Wall Street's expectations.
While I wouldn't yet call Alcatel-Lucent (ALU) a "value" play, my outlook for the company has improved and I think in the mid one dollar range it merits consideration as a speculative investment.
The price of ALU has declined for several reasons. While ALU has reported earnings above the consensus of the covering analysts during the first three quarters of 2011, it has done so while reporting revenues below the consensus estimates.
We need some real signs that the Europe situation is under control.
Ah, so it's German business confidence that holds the key. That's how we can rally so convincingly. It took only one good confidence number, as well as a Spanish bond auction that wasn't a disaster, and all is well again with the CurrencyShares Euro Trust (FXE) above 130 and the European stock markets rallying with alacrity.
Oh, if only it were that simple. If only it were like the old days, with a garden-variety recession and a chance that we could come out of it with a couple of good indicators. Unfortunately, it isn't.
With the youngest fleet of offshore supply vessels, this firm is seeing growing demand for its services.
By the middle of this decade, oil drawn from the seabed more than 2,000 feet beneath the ocean’s surface will double in volume compared to 2010 levels.
Hornbeck Offshore Services (HOS) provides technologically sophisticated offshore supply vessels (OSVs) and transport vessels for the oil and gas industry. It has the youngest ﬂeet of OSVs in the industry, and its ships are designed from scratch.
Investors are hoping for a smooth transition of power for Kim Jong Un, but questions abound.
The aluminum producer is profitable, streamlined and ready to roll.
By Jeff Reeves
When Alcoa (AA) reported earnings in October, CEO Klaus Kleinfeld told investors, "Alcoa is a confident company in a nervous world. We are well prepared for whatever lies ahead, with more cash on hand, lower debt and continued focus on profitable growth."
It would be natural to write off those comments as mere platitudes for Wall Street's grumpy traders. But taking a closer look at Alcoa across the past several weeks has made me agree with Klaus -- and consider AA stock as a bargain buy to hang on to across 2012.
The outlook may be dimming for this fast-growing chain.
Investors are increasingly bullish about this restaurant chain. However, the current rally might have just pushed the envelope, and we expect this optimism will fade. Chipotle competes mostly with the quick service and casual dining companies such as Chili's, McDonald's (MCD), Burger King, Yum! Brands (YUM) and Papa John's, among others.
Better growth in the US should help the Russell 2000 catch up to the larger-cap indices in the weeks ahead.
By Igor Greenwald, MoneyShow.com
If the US economy falls into recession sometime next year as a result of the financial crisis in Europe and the slowdown in China, it won’t be for lack of effort.
Right now, the US is looking like the main global growth engine and, frankly, the only reason the remaining stock investors have to stay in the markets and not bury their money under a mattress.
Initial unemployment claims haven't been this low in three years, fueling hopes that the job market has finally turned the corner.
While bellwethers like Apple and Amazon look poised to underperform, one stock is worthy of consideration.
By Tom Aspray, MoneyShow.com
The relative performance, or RS analysis, of the tech-heavy PowerShares QQQ Trust (QQQ) broke out last July, and while the broader markets were dropping in August and September, technology stocks held up much better.
This outperformance of QQQ versus the S&P, however, ended in early November, and QQQ has been lagging since. Sentiment on many of the tech giants has also been quite negative, as both Apple (AAPL) and Amazon.com (AMZN) have disappointed investors.
The investment may help alleviate investors' anxiety about the large exodus of top executives from the company.
Hard times may be coming, and chocolate makes people feel better.
The past three presidential election years have been very hard on risky assets, and two of them were completely brutal.
The most recent was 2008, and if you don't remember the global financial crisis that occurred that year, you were either too young, drunk or in jail. The one before that, 2004, ended with a 9% gain but was flat or down for three-quarters of the span. And the one before that, 2000, featured the bursting of the technology bubble, with the Nasdaq 100 collapsing by 40%.
So it's no wonder that I am looking at the upcoming election year, 2012, with a jaundiced eye.
Efforts to draw traffic by lowering prices hammered Best Buy's margins. But the selling has been overdone.
Best Buy (BBY) reported a sharp decline of roughly 30% in its net profits this quarter compared to the same period last year. It missed consensus analysts' EPS estimate by approximately 8%, according to Thomson Reuters.
More importantly, investors reacted negatively to the fall in gross margins sending the shares down 15% earlier last week. Best Buy competes with general retailers like Wal-Mart (WMT) and Costco (COST) as well as other specialty retailers like Radio Shack (RSH) and GameStop (GME).
Oil majors operating in Iraq are looking to beef up security and ramp up production.
We have a $93 price estimate for Exxon Mobil, a 15% premium over its current market price.
Vertex was upgraded to 'top pick,' while Children's Place was downgraded to 'neutral.'
Monday's noteworthy upgrades include:
- BMC Software (BMC) upgraded to Neutral from Underweight at JP Morgan
- Vertex Pharmaceuticals (VRTX) upgraded to Top Pick from Sector Perform at RBC Capital
- Lazard (LAZ) upgraded to Outperform from Neutral at Credit Suisse
- DTE Energy (DTE) upgraded to Outperform from Neutral at Credit Suisse
- Torchmark (TMK) upgraded to Neutral from Underperform at Credit Suisse
Potash might not glitter, but it may be worth some consideration for the commodities portion of your portfolio.
After rocketing $500 an ounce in the first eight months of the year, gold prices have tumbled as investors take an increasingly bearish view of commodities in general.
For most commodities, that skepticism is warranted. But gold's recent nosedive and predictions that it will fall to $1,400 an ounce in coming weeks, well below the September record of $1,923.70, has some market watchers raising their eyebrows. After all, isn't gold a different kind of commodity -- a sort of haven, an asset that serves as a refuge from uncertain economic times and volatile markets, just the kind that we have lived through in the second half of 2011?
Anytime whispers of a European rescue boost markets, take the opportunity to sell out of economically sensitive stocks.
We just keep thinking that someone will come to the rescue. We keep thinking that everything "bad" that is happening is actually already "in" the market. We keep talking about opportunities from the selling of premium assets by Credit Agricole or Paribas. We keep thinking it is business as usual and we can just go buy anything that's down.
What's so amazing is that there is no evidence that this hopeful attitude is worth anything at all, except in sporadic moments when we get a takeover -- Novellus (NVLS) -- or we get a report that confounds the short sellers -- Federal Express (FDX) numbers being the best example last week.
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- June gold slipped deeper into negative territory today as the dollar index erased earlier losses. The yellow metal pulled back from its session high of $1303.20 per ounce set in morning action and fell as low as $1292.80 per ounce. Unable to gain momentum, it settled 0.7% lower at $1294.20 per ounce.
- May silver chopped around slightly below the unchanged line after retreating from a session high of $19.69 per ounce set moments after floor trade opened. It ... More
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