This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, we'll be looking at a pair of downgrades for both Lear (NYSE: LEA ) and Whole Foods (NASDAQ: WFM ) , followed by an improved price target at 3M (NYSE: MMM ) . Let's start with that one.
3M gets an A
3M gave Wall Street a mildly pleasant surprise last week, reporting $1.71 per share in earnings, a 3% improvement over last year and either matching�or a penny ahead of analyst estimates -- depending on whose estimates you're referring to. This news has Swiss banker UBS upping its price target on the stock Monday morning, with UBS now saying the shares could hit $128 within a year, and recommending a buy rating on the stock.
Is that prudent?�I don't think so, and I'll tell you why. Right off the bat, you can see that 3M is a pretty pricey stock at its 18-times-earnings valuation. Earnings growth over the next five years is estimated at less than 10%, and the company's 2.2% dividend yield, while nice, isn't quite big enough to make up the difference.
Top 10 Clean Energy Stocks To Invest In Right Now: Safe Bulkers Inc(SB)
Safe Bulkers, Inc. provides marine drybulk transportation services worldwide. The company transports various bulk cargoes, primarily coal, grain, and iron ore. As of July 15, 2011, it had a fleet of 16 drybulk vessels, with an aggregate carrying capacity of 1,443,800 deadweight tons. The company?s fleet consists of Panamax, Kamsarmax, Post-Panamax, and Capesize class vessels, as well as 11 further contracted additional drybulk new build vessels to be delivered at various times through 2014. Safe Bulkers, Inc. was incorporated in 2007 and is based in Athens, Greece.
Advisors' Opinion:- [By James E. Brumley]
The recent strength from Sino-Global Shipping America, Ltd. (NASDAQ:SINO) and the now-renewed strength from Safe Bulkers, Inc. (NYSE:SB) would suggest those two stocks are among the very best ways to play the rebound currently unfurling in the shipping sector. And to be fair, both are fine companies in their own right. The top play in the dry goods maritime shipping arena, however, may well be Diana Shipping Inc. (NYSE:DSX). No, DSX isn't one of the fun and exciting small caps in the maritime shipping space. But, there's a lot to be said for size and stability, which SB and SINO can't offer.
- [By James E. Brumley]
It's certainly no Safe Bulkers, Inc. (NYSE:SB) or Star Bulk Carriers Corp. (NASDAQ:SBLK), in terms or market cap or revenue. In fact, even with the drybulk shipping industry it's a somewhat obscure name. Yet, FreeSeas Inc. (NASDAQ:FREE) may well be the stock with the most near-term potential upside, now that it's gotten over a key technical hump.
- [By Lauren Pollock]
Safe Bulkers Inc.(SB) plans to offer 5 million shares and also unveiled plans to sell 1 million shares in a private placement to an entity associated with its chief executive at the public offering price. The drybulk shipping company has about 77 million shares outstanding. Shares dropped.
- [By Louis Navellier]
European Stocks to Buy: Safe Bulkers (SB)
Safe Bulkers (SB) is a Greek company that owns and operates dry bulk carrier vessels that transport major bulks, which include iron ore, coal, and grains Right now they have a fleet of 20 dry bulk carriers and also provide felt management services to third parties.
Top Penny Stocks To Invest In Right Now: Gamestop Corporation (GME)
GameStop Corp. operates as a retailer of video game products and personal computer (PC) entertainment software. It sells new and used video game hardware; video game software; used video game products; and video game accessories, which primarily consist of controllers, memory cards, and other add-ons, as well as strategy guides and trading cards. The company also offers PC entertainment and other software across various genres, including sports, action, strategy, adventure/role playing, and simulation, as well as products that relate to the digital category comprising network point cards, prepaid digital and online timecards, and digitally downloadable software. GameStop Corp. sells its products through stores, as well as through its electronic commerce Web sites, including gamestop.com, ebgames.com.au, gamestop.ca, gamestop.it, gamestop.es, gamestop.ie, gamestop.de, and micromania.fr. As of July 12, 2011, its retail network and family of brands included 6,573 company-oper ated stores in 17 countries worldwide. The company also publishes Game Informer, a video game magazine in the United States; and operates the online video gaming Web sites kongregate.com and joltonline.com. GameStop Corp. was founded in 1994 and is based in Grapevine, Texas.
Advisors' Opinion:- [By Dan Carroll]
GameStop's (NYSE: GME ) stock has undertaken an incredible rise over the past year, shooting up more than 83%. While investors have profited, however, this company has faced threats to its present and future. The video gaming industry has turned down as current-generation consoles show their age, and while next-generation consoles in Microsoft's (NASDAQ: MSFT ) Xbox One and Sony's (NYSE: SNE ) PlayStation 4 are set to be released later this year, even bigger challenges for this stock have arisen.
- [By Rick Aristotle Munarriz]
Frank Micelotta/Invision/The Associated PressIn a new Netflix sitcom, Lily Tomlin (left) and Jane Fonda play former foes who unite when their husbands desert them. An identity theft specialist lost its identity, a soda maker teamed up with an old-school appliance brand, Walmart made a play for video games, Netflix announced a new show and yet another online service upped its subscription price. Here's a rundown of the week's smartest moves and biggest blunders in the business world. Netflix (NFLX) -- Winner The leading video service keeps building its digital catalog of original content. Netflix announced on Wednesday that it will be the home of "Grace and Frankie," a new sitcom starring Jane Fonda and Lily Tomlin that's partly the handiwork of "Friends" creator Marta Kaufman. The first season will debut next year. We naturally won't know until we dive into the 13 half-hour episodes come 2015 if the show is any good, but that's also the point of Netflix beefing up its portfolio of first-run shows introduced exclusively on Netflix. Walmart Stores (WMT) -- Loser The world's largest retailer is getting into the video game resale business. Walmart announced on Tuesday that it will begin accepting trade-ins at most of its stores next week. The discounter will swap the games for in-store credit. It will then send off the trade-ins to get refurbished. It will start offering the pre-owned wares later this year. The market is playing this out to be a big hit for GameStop (GME), but let's not kid ourselves. GameStop's sales of pre-owned games fell sharply in 2012 and have gone on to decline in each of 2013's first three quarters. Walmart won't make things easier, but this was already a fading market. Too many new systems rely on digital delivery, making physical discs and their eventual resale obsolete. Walmart's late to the game. SodaStream International (SODA) -- Winner Making soda at home is as popular as ever, and niche leader SodaStream is getting a boost wi
- [By Adam Levine-Weinberg]
Shares of GameStop (NYSE: GME ) have doubled since hitting a 52-week low near $15 last summer. However, GameStop stock dropped precipitously last week, from more than $39 on Monday to $32.35 by early Friday afternoon.
Top Penny Stocks To Invest In Right Now: Alpha and Omega Semiconductor Limited(AOSL)
Alpha and Omega Semiconductor Limited engages in the design, development, and supply of a range of power semiconductors worldwide. The company offers power discrete product line comprising trench MOSFETs, electrostatic discharge, protected MOSFETs, and SRFETs; and power ICs. Its products are used in notebooks, netbooks, flat panel displays, mobile phone battery packs, set-top boxes, portable media players, and power supplies. The company sells its products to distributors. Alpha and Omega Semiconductor Limited is based in Hamilton, Bermuda.
Advisors' Opinion:- [By Tim Melvin]
This split among industry segments has created some value opportunities as those companies with high exposure to PCs are very cheap. And while the move towards smart phones and tablets may continue, the PC is not dead — demand will pick up along with the economy.
Alpha and Omega Semiconductor (AOSL)Alpha and Omega Semiconductor (AOSL) is a designer, developer and global supplier of a broad portfolio of power semiconductors. The portfolio of power semiconductors includes more than 1,400 products, and has grown rapidly with 195 new products introduced last year alone. Its semiconductors are used in a wide range of products, including things like personal computers, flat panel TVs, LED lighting, smart phones, and telecommunications equipment.
Top Penny Stocks To Invest In Right Now: The Hackett Group Inc.(HCKT)
The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in the United States and western Europe. The company offers executive advisory programs, benchmarking, business transformation, and technology consulting services, as well as shared services, offshoring, and outsourcing advice. Its executive advisory programs consists of advisor inquiry, an inquiry service used by clients for access to fact-based advice on proven approaches and methods to increase the effectiveness of selling, general, and administrative processes (SG&A); best practice research, a research that provides insights into the proven approaches in use at organizations; peer interaction program comprising member-led Webcasts, annual Best Practice Conferences, annual Member Forums, membership performance surveys, and client-submitted content; and best practice intelligence center, an online, searchable repository of practices, performance metrics, conference presentat ions, and associated research. The company?s bench marking services conduct studies in the areas of SG&A, finance, human resources, information technology, procurement, enterprise performance management, shared service centers, and working capital management. These services are used by clients to establish priorities, generate organizational consensus, align compensation to establish performance goals, and develop the required business case for business and technology investments. Its business transformation programs help clients to develop coordinated strategy for achieving performance improvements across the enterprise; and Hackett Technology Solutions help clients choose and deploy the software applications that meet their needs and objectives. The company was formerly known as Answerthink, Inc. and changed its name to The Hackett Group, Inc. in January 2008. The Hackett Group, Inc. was founded in 1991 and is headquartered in Miami, Florida.
Advisors' Opinion:- [By ValueArtifex]
One such situation currently in the process of unfolding this month is a Dutch Tender by The Hackett Group (HCKT). I will briefly discuss the underlying business, what exactly a Dutch Auction (or in this case, a Tender) is, what options investors have when approaching this situation and how it could play out.
No comments:
Post a Comment