Once you get past the hype, there's little chance for long-term gain with this stock.
VIDEO ON MSN MONEY
The car-sharing company is hoping for as much as $75 million in a public offering.
The idea behind Zipcar is simple: Members can reserve one of the company's cars by the hour or day. The reservation includes gas and insurance.
The company has 400,000 members, and 7,000 cars for them to use. But is the stock a buy? Let's get into the numbers:
As more homes fall into foreclosure, delinquent borrowers are embracing the situation.
Foreclosures are clogging the system so much now that the average borrower doesn't get evicted until 438 days of delinquency.
That's up from 251 days in January 2008, The New York Times reports. About 1.7 million U.S. households are in foreclosure.
There are a few reasons for the delay. First is sheer volume -- banks just can't process all the foreclosures on time. Also, legal challenges are becoming more common. Finally, the government is pressuring lenders to provide modifications and delay foreclosures.
The punishment should fit the crime, but can the slow-moving wheels of justice suffice when people in the Gulf are hurting now?
When I was back in law school, one of the biggest concepts we discussed was how sentencing should fit the crime or 'tort.'
The financial sector can be a volatile place for investors right now, but these Latin American banks are booming
The financial sector has been a strange double-edged sword in portfolios over the last two years or so. In the wake of the Lehman Brothers bankruptcy, billions of wealth was erased in what were long thought of as conservative stocks. Then the resurgence of some banks since the lows of last year made other investors a fortune, with Citigroup (C) and Bank of America (BAC) both soaring about 300% since historic lows on March 9, 2009.
The drama continues in the financial sector even now with the endless see-saw of mortgage default news and the continued worries over sovereign debt in the euro zone. Any investor jumping into financial stocks right now is really taking the tiger by the tail – but if you do your homework, there a number of opportunities in the sector become clear -- particularly among financials in Latin America.
Here are three:
|Tags:||Brazilemerging marketsfinancial crisisfinancial servicesinvesting strategyinvestmentsInvestorPlace|
Beer industry shipments are down as people continue to drink less than before.
Some of the biggest beer brands saw sales drop in the month ended May 16, Advertising Age reports. Only four beers in the top 30 saw growth: Keystone Light, Modelo Especial, Yuengling and Pabst Blue Ribbon.
"I've never seen so much red ink on a spreadsheet in all my years in this business," an industry watcher told Ad Age. "It's really disconcerting."
BP shares drop 11% after the oil company says the 'top kill' procedure failed to plug the oil leak in the Gulf of Mexico.
By Joseph Woelfel, TheStreet
BP (BP) shares were falling 11% after the oil company said its "top kill" effort failed to stop the oil leak in the Gulf of Mexico.
BP's American depositary shares were sinking 11% to $38.11 at 10:43 a.m. ET.
BP said Tuesday it plans to place a new containment valve over the blown-out well this week. BP said it wil begin cutting through the riser that's spewing oil and gas into the Gulf as soon as Wednesday, after which it will attempt to install the cap-like device that would siphon the mixture to the surface.
The Gulf oil leak could become a bigger threat to stocks than Europe's debt woes.
The uncertainty this disaster is causing and the ripple effects for the Southeastern U.S. will not be contained at these stock prices. It looks like we are pretty much done with offshore drilling, like we were done with nuclear after Three Mile Island.
I had thought that weak European countries alone could take the Dow ($INDU) to 9,500, but it looks like BP's in a foot race to take us down faster.
On Thursday the talking heads said a bull rally was underway but that didn't come true on Friday
Value Line Index -- Contains 1700 stocks so its much broader than the S&P 500 or much narrower Dow 30 -- Index not strong but in recovery
- Index actually rose by 1.57% last week -- That's up 3 out of the last 5 weeks and up 3 of the last 5 months
- 40% Barchart technical sell -- 2 buys, 4 holds and 7 sells
- Index closed Friday below its 20, 50 & 100 day moving average
Barchart Market Momentum -- Percentage of stocks closing above their moving averages for various time frames -- Above 50% is always good -- This week was better than last week but not as good as a month ago
Banco Santander gets solid Latin American profits, but buffers risk with business in the U.S. and U.K.
I don't know when the euro debt crisis will be over or when European stocks, particularly European bank stocks, will stop sinking like stones.
Certainly investors aren't out of the woods yet: Fitch Ratings downgraded Spain to AA today (finally), for example.
Several of the market gurus I follow are seeing Europe's problems as a buying opportunity -- not a reason to panic
It was another anxiety-provoking week for stock investors, as Europe's debt woes continued to send the U.S. markets on a volatile, and generally downward, path. But according to many of the market's top strategists, the Euro Zone's problems aren't a reason to shun stocks.
Kenneth Fisher, for example, says the Europe fears are overblown. While the market tumbled Friday amid news that Fitch downgraded Spain's credit rating, Fisher says investors shouldn't give much credence to rating agencies -- whose failings to properly evaluate debt were a big part of how the U.S. credit crisis developed. “It’s simply astounding, after all we’ve seen in recent decades, that anyone pays attention to credit ratings put out by the officially sanctioned rating agencies,” Fisher writes in his latest Forbes column. “Moody’s and Standard & Poor’s compound investors’ worst sins, including the tendency to make a mountain out of a molehill.”
Fisher says investors shouldn’t give in to fear. “Panics pass. This one will, too,” he writes. “Stop thinking about short-term market jitters and more about long-term investing.”
He's not alone in his bullishness.
The toy retailer files plans for a public offering, trading under the symbol 'TOYS.'
Toys R Us, which was taken off the markets to become private in 2005, is getting ready for a new initial public offering.
Is this stock worth a look? After reading through the company's prospectus, I'd say no. Toys R Us hasn't grown its sales and is burdened by huge debt.
Let's go through some of the details of what's happened to this company in the last five years. Here's a rundown of the challenges Toys R Us faces:
Just because Apple shares are trading for $250, people think the stock is expensive. Here's why it's a steal.
Yep, Apple (AAPL) is a focus of mine. Yesterday on "Morning Joe" -- my favorite talk show (I can't wait when I am booked) -- we were all playing with our iPads and the crowd was in disbelief that Apple could be so big.
To me, though, the question is how can Apple be this cheap?
We have to use Karen Cramer's old 10-to-1 rule. You need to divide this stock by 10 to think about it. Would you buy a $25 stock at a 12 multiple that has $5 in cash, no debt and is growing quickly -- perhaps by as much as 20%? How about if it only had a single-digit share in all of its key markets? How about if it had new product cycles, several of them, happening all at once?
Evidence that the 'smart money' crowd is betting on a rebound rally.
Stocks launched higher on Thursday, clearing significant technical resistance and breaking the sideways amble that has characterized trading over the last few days. It appears the balance of power is beginning to shift back towards the bulls: The S&P 500 gained 3.4% while the Russell 2000 added 4.3%.
And the standard measure of fear, the CBOE Volatility Index (VIX), continued to melt lower -- losing another 13.6% to cap a five-day loss of nearly 34%. This is the fastest and hardest drop for the VIX seen since late 2008 as the doom and gloom that has pervaded the scene over the last few weeks has started to clear.
From a sentiment perspective, a rebound rally was due. To prepare for what seemed to be an economic disaster scenario, amateur options traders were frantically bidding up equity put options over the past few days. This is the kind of behavior that is frequently seen at market lows. But all the while, Wall Street pros were quietly turning bullish.
Yum Brands' latest expansion of Americanized Mexican fast food will open in June.
Yum! Brands will launch a Taco Bell chain in England next month according to reports, debuting at Lakeside Shopping Centre in Essex. The fare will be similar to what American diners are used to, with a menu that features cheap tacos and burritos and caters to value-conscious consumers.
This is just a small part of an ambitious growth strategy for Taco Bell and other YUM brands.
Don't read too much into any selling Friday. The real test comes next week.
So, where does the stock market go from here?
U.S. stocks are bouncing off the February 2010 low near 1,040 on the Standard & Poor's 500 index ($INX), which closed above 1,100 Thursday.
Good news for anyone with money in the stock market. But what does it mean?
There are two possibilities.
MORE ON MSN MONEY
Copyright © 2013 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.
The Fed may start tapering in just a few months. Here are a few of the likely winners and losers.
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.
[BRIEFING.COM] A solid November employment report translated into a solid day of gains for the major averages. While there was some talk that the encouraging job growth raised the odds of the Fed announcing a tapering at its December meeting, the message of the markets today was either that it didn't believe there would be a tapering this month or that it doesn't fear a tapering this month.
It was just one day, yet there was ample meaning wrapped up in the connection that the 10-yr ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|