Stocks should be crushed by global turmoil, Jim Cramer says. Instead, they're doing fine.
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Markets may be swayed by fear and hope, but when it comes to events like this, they just aren't sentimental.
Like the rest of the world, investors and traders may have gasped in horror at the images of one of Carnival Cruise Lines' (CCL) largest ships lying on its side along the Italian coast after its captain allegedly sailed too close to the rocks. And like the rest of the world, investors and traders may have recoiled at the news of the victims who couldn't get off the boat in a timely manner.
But that's not why investors and traders spent Tuesday busily dumping Carnival stock, which lost nearly 14%.
This speculative biotech is a leading player in the race to commercialize genome sequencing.
We want to start the year off with a great speculative opportunity -- Illumina (ILMN).
This San Diego biotech firm and medical instrument maker specializes in DNA sequencing and the genetic research that is so valuable in detecting and curing diseases.
OfficeMax, Office Depot, RadioShack are upgraded at Barclays. LinkedIn is initiated with 'outperform.'
Wednesday's noteworthy upgrades include:
Investment banking business continues to struggle, but expenses trimmed.
Shares of Goldman Sachs (GS) rose in early trading after the venerable Wall Street firm posted large quarterly earnings and revenue drops that nonetheless beat expectations. Many see reasons for optimism, especially since the company was able to trim operating expenses by 14% to $22.64 billion in 2011.
Net income in the three-month period ended Dec. 31, 2011 plunged 58% to $1.01 billion, or $1.84 a share, surpassing the $1.23 a share average estimate of 26 analysts surveyed by Bloomberg.
Though short-sellers have targeted the company, Silvercorp is one of the best ways to play the expected silver spring rally.
Silvercorp Metals (SVM) has mounted a vigorous defense against a massive "short and distort" scheme directed at the company.
These efforts appear to be paying dividends and the company has continued to conduct business as usual.
Investing for yield isn't timid. It's downright smart.
By Jeff Reeves
Think dividends are for lazy, below-average investors who are content with simply tracking the market? Think again. Dividend investing could be the only way to preserve your wealth right now.
But more important, dividend stocks don't just preserve wealth, they can constantly build your retirement funds through a steady stream of income. Don't underestimate the power of a regular payday, especially if the yield is 5%, 6% or more. Who in his right mind would pass up 6% annual returns in this choppy market?
This fund plays on continuing weakness in a downtrending sector.
By Doug Fabian, ETF Trader
The beginning of the year is a great time to take stock of what you're doing with your money. It's also a good time to reiterate the goals and objectives of your various assets and portfolio holdings.
In this business, our goal is to swing for the fences and chase home-run trades. I'm talking about double-digit percentage gainers at a minimum, with the aim of achieving 20% to 40% gains on the positions that we take.
Bottom line: It's a clear signal that the Internet pioneer is up for sale.
Jerry Yang's abrupt departure Tuesday from Yahoo (YHOO) is a clear signal that the company he co-founded is on the block. A flashing neon "For Sale" sign would be less subtle, and that's the problem.
Pressure is so intense from shareholders -- including activists such as Daniel Loeb -- that Yahoo has little choice but to quickly sell anything that isn't nailed down.
The country's hotel industry has slumped over the past year, but the downturn is actually an advantage.
Three familiar names in retail are fast approaching their day of reckoning.
By Jeremy Bowman
While our banks may be too big to fail, it seems that our superstores are now too big to survive. The news for several familiar big box chains has gone from bad to worse lately as a slow economic recovery, increased competition from online channels, and a failure to adapt to new market conditions have a number of retail chains teetering on the brink of collapse.
The writing's on the wall
After posting an EPS loss of $1.31 in 2011, Barnes & Noble (BKS) recently announced this year's loss would be twice as large as previously expected, between $1.10 and $1.40. The bookseller's Nook e-reader, on which the company's last hopes seem to be riding, sits in a purgatory. Company execs had toyed with the idea of spinning it off entirely before announcing a partnership with TheNew York Times (NYT), in which the Times will subsidize the Nook for readers in exchange for a full year's digital subscription to the newspaper.
The coupon site needs to get its merchant mix right, focusing more on service-based businesses that benefit from daily deals.
While Groupon can become a sustainable business, we believe that its present fundamentals do not support the stock's current market price.
Earnings could be the catalyst that drives bank stocks into high-risk buying zones, but one big bank looks like a good buy on a correction.
By Tom Aspray, MoneyShow.com
The reaction of the overseas markets to the S&P downgrades announced after Friday's close has been very positive with stock index futures actually showing nice gains. This week, of course, is an important one, with many key quarterly earnings reports.
In running a weekly scan of bank stocks, I was interested to note that over half of the 10 bank stocks that are closest to their weekly Starc+ bands have either already reported or are scheduled to report earnings this week.
While the computer giant retained its top position, the competitors are closing in.
Hewlett-Packard (HPQ) continued to lead sales, accounting for 16.3% of worldwide PC shipments in Q4, followed by Lenovo, Dell (DELL), Acer Group and Asus, in that order. However, the giant computer maker took a major hit during the quarter.
As car ownership becomes less attractive, 18- to 34-year-olds are becoming the most lucrative and influential market segment for the car-sharing company.
Zipcar competes with traditional car-rental companies like Hertz Global Holdings (HTZ), Avis Budget Group (CAR) and car-sharing services like Connect by Hertz, Enterprise's WeCar, UHaul's UCarShare and City Car Share.
The profits you earn still count, even if conventional wisdom says the trade was wrong.
There's a tremendous reluctance to ever admitting that anything better is happening in Europe.
It doesn't matter that the borrowing costs for the downgraded Spanish 12- and 18-month paper went for half of the interest rate that it sold at last month. It doesn't matter that you had a darned good trade if you bought last time. It doesn't matter, because all European countries are basket cases and in the end everything must fail.
Admit that's not the conventional wisdom -- it's the only wisdom.
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4 analysts downgrade the stock the day after a disappointing quarterly report.
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[BRIEFING.COM] The stock market ended the Wednesday session on a mixed note. The tech-heavy Nasdaq displayed relative strength, climbing 0.4%, while the S&P 500 added 0.2% with five sectors settling in the green. For its part, the Dow Jones Industrial Average (-0.2%) spent the entire session below its flat line.
Equities started the midweek affair on a rather unassuming note in the absence of market-moving news or economic releases. With those pieces missing from the equation, ... More
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