Analyst Articles

Among the biggest winners in early Friday trading are Covanta (NYSE: CVA), SMART Modular Technologies (Nasdaq: SMOD) and Walgreens (NYSE: WAG). Top Percentage Gainers — Friday, June 18, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Covanta (NYSE: CVA) $18.15 +8.2% $19.69 $14.43 SMART Modular Tech. (Nasdaq: SMOD) $6.86 +5.5% $8.75 $2.10 Walgreens (NYSE: WAG) $34.02 +3.9% $40.69 $27.89 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All… Read More

Among the biggest winners in early Friday trading are Covanta (NYSE: CVA), SMART Modular Technologies (Nasdaq: SMOD) and Walgreens (NYSE: WAG). Top Percentage Gainers — Friday, June 18, 2010 Company Name (Ticker) Intra-Day Price Intra-Day % Gain 52-Week High 52-Week Low Covanta (NYSE: CVA) $18.15 +8.2% $19.69 $14.43 SMART Modular Tech. (Nasdaq: SMOD) $6.86 +5.5% $8.75 $2.10 Walgreens (NYSE: WAG) $34.02 +3.9% $40.69 $27.89 *Table includes companies with minimum market capitalizations of $200 million and three month trading volumes of at least 100,000 shares. All percentage returns are listed as of 12:03PM Eastern Standard Time. Click on ticker symbols for up-to-the-minute price quotes and percentage gain data. Trash-to-Cash Announcement Cheers Shareholders Last night, energy-from-waste company Covanta Holding Corporation (NYSE: CVA) announced it would issue a special cash dividend of $1.50 per share. It also increased the company’s authorization to buy back up to $150 million in common shares. These bountiful gifts were well received, pushing CVA’s share price up +8.2% in early morning trading. Covanta operates about 60… Read More

Mid-Month Update — June 2010   To supplement my monthly Daily Paycheck newsletter, I publish a regular “Mid-Month Update” near the middle of every month. I use this mailing as a way to keep you abreast of recent events surrounding my Paycheck Portfolio. To ensure uninterrupted delivery… Read More

In the hunt for stocks, equity investors often turn to mechanical things like screeners to help guide them. They set various criteria such as earnings growth or market cap and blindly follow the answers that get spit out. There’s nothing wrong with this approach,… Read More

Shares of Kroger (NYSE: KR) rose a smart +4% today as the nation’s largest standalone grocer beat profit estimates by 8% for the quarter ended May 22. Yet once you dig deeper into the numbers and get a sense of industry trends, it becomes apparent that shares could move sharply lower in the weeks and months ahead. It’s easy to look good when little is expected. Analysts were so bearish about the grocer’s rising cost picture that they lowered their profit forecasts well below… Read More

Shares of Kroger (NYSE: KR) rose a smart +4% today as the nation’s largest standalone grocer beat profit estimates by 8% for the quarter ended May 22. Yet once you dig deeper into the numbers and get a sense of industry trends, it becomes apparent that shares could move sharply lower in the weeks and months ahead. It’s easy to look good when little is expected. Analysts were so bearish about the grocer’s rising cost picture that they lowered their profit forecasts well below management guidance. So earnings were seemingly robust, but really only not as bad as feared. More important, earnings were more than 10% below year-ago results due to a sharp drop in gross margins. And gross margins are the real story here.  If you’ve shopped for groceries at a Wal-Mart (NYSE: WMT) store in the last year, you’ve probably noticed that produce was the one category that seemed unusually pricey. Yet as we noted earlier this week , Wal-Mart is rolling back prices thanks to a renewed emphasis on securing locally grown… Read More

For many years, investors had to sit and wait for profits as cable and satellite companies re-invested every spare penny into building their business. That wait is now over, most notably for investors in DirecTV (NYSE: DTV). The satellite TV provider is now throwing off large amounts of… Read More

More than a century ago, governments in the United States and Europe decided to pave over dirt roads. They knew that many citizens would soon be driving automobiles and would soon sour on bumpy, rutted dirt paths. Now, a similar move is afoot. A wide range of incentives are being enacted to enable a smooth transition to the age of the electric car. Luckily for patient investors, the companies that stand to benefit from the coming e-car revolution have already fallen out of favor, and their share prices stand near all-time lows. Putting the Pieces in Place… Read More

More than a century ago, governments in the United States and Europe decided to pave over dirt roads. They knew that many citizens would soon be driving automobiles and would soon sour on bumpy, rutted dirt paths. Now, a similar move is afoot. A wide range of incentives are being enacted to enable a smooth transition to the age of the electric car. Luckily for patient investors, the companies that stand to benefit from the coming e-car revolution have already fallen out of favor, and their share prices stand near all-time lows. Putting the Pieces in Place A number of auto makers have announced plans to sell electric and hybrid cars and trucks that utilize lithium-ion batteries. Toyota’s (NYSE: TM) popular Prius uses older heavier battery packs, but many of the planned cars will have driving ranges of less than 100 miles. So consumers will need access to frequent and convenient recharging stations. The U.S. House and the Senate have released separate bills that would provide millions of dollars to a handful of select cities that install a network of charging stations. The regions chosen will likely be the first ones to see robust… Read More