Showing posts with label 2012 Top Stocks. Show all posts
Showing posts with label 2012 Top Stocks. Show all posts

Saturday, March 31, 2012

Venoco Beats Expectations but Takes a Step Back Anyway

Venoco (NYSE: VQ  ) filed its 10-K on Feb. 16. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Venoco missed slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly and GAAP earnings per share increased significantly.
Margins grew across the board.
Revenue details
Venoco recorded revenue of $83.4 million. The seven analysts polled by S&P Capital IQ foresaw a top line of $84.7 million on the same basis. GAAP reported sales were 16% higher than the prior-year quarter's $72.1 million.
anImage
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Non-GAAP EPS came in at $0.35. The 10 earnings estimates compiled by S&P Capital IQ averaged $0.11 per share on the same basis. GAAP EPS of $0.50 for Q4 were much higher than the prior-year quarter's $0.07 per share.
anImage
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 68.0%, 140 basis points better than the prior-year quarter. Operating margin was 46.9%, 6,080 basis points better than the prior-year quarter. Net margin was 36.5%, 3,030 basis points better than the prior-year quarter.
Looking ahead
Next quarter's average estimate for revenue is $99.4 million. On the bottom line, the average EPS estimate is $0.10.
Next year's average es! timate f or revenue is $432.8 million. The average EPS estimate is $1.08.
Investor sentiment
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 133 members out of 152 rating the stock outperform, and 19 members rating it underperform. Among 51 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 47 give Venoco a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Venoco is hold, with an average price target of $12.93.
Are you missing a major story in the energy space? Read about "One Stock to Own Before Nat Gas Act 2011 Becomes Law." Click here for instant access to this free report.

Sunday, March 25, 2012

Best Bank Stocks To Watch In November 2014

Best-traded stocks may not be the best stocks to invest in for the year. But there are still good stocks to invest in 2014 with high return on investments . It’s up to you to study stock market analyst predictions.
In the Philippine Stock Market, Prince Anthony Yeung of AB Capital Securities advises investors who want to start buying good stocks for short-term and long-term investment to look at the banking and utilities sector particularly Security Bank (SECB), RCBC (RCB), Aboitiz Power (AP), Energy Development Corporation (EDC).
These stocks are expected to appreciate next year, supported by the strong fundamentals of the companies. With the economy started to show signs of recovering, many are now optimistic of a stock market rally for the whole year in the Philippine Stock Exchange. Certainly, the equities market is ripe for a rally. And if it happens, be ready in investing in the stock market and looking for the good stocks to invest in with your hard-earned money.

Best Bank Stocks To Watch In November 2014:Bank of Nova Scotia (The) (BNS)

 The Bank of Nova Scotia, together with its subsidiaries, offers various personal, commercial, corporate, and investment banking services in Canada and internationally. It has four segments: Canadian Banking, International Banking, Global Wealth Management, and Scotia Capital. The Canadian Banking segment includes retail and small business banking, which provides mortgages, loans, credit cards, investments, and day-to-day banking products to individuals and small businesses; and commercial banking business that delivers a product suite to medium and large businesses, including banking, cash management, lending, and leasing. This segment operates in Canada through a network of 1,024 branches and 2,998 automated banking machines (ABMs), as well as telephone, Internet banking, and third party channels. The International Banking segment provides retail and commercial banking services to customers located in the Caribbean and Central America, Mexico, Latin America, and Asia. It operates through a network of approximately 2,000 branches and offices, 3,686 ABMs, telephone and Internet banking, in-store banking kiosks, and specialized sales forces. The Scotia Capital segment provides corporate lending, equity and debt underwriting, and mergers and acquisitions advisory services, as well as capital markets products and services, such as fixed income, derivatives, prime brokerage, securitization, foreign exchange, equity sales, and trading and research services to corporate, government, and institutional investor clients. This segment also provides precious and base metals related banking services, through ScotiaMocatta. The Global Wealth Management segment comprises wealth management, insurance, and global transaction banking businesses. It collaborates and works in partnership with Canadian Banking, International Banking, and Scotia Capital segments. The Bank of Nova Scotia was founded in 1832 and is based in Toronto, Canada.

Best Bank Stocks To Watch In November 2014:Citigroup Inc. (C)

 Citigroup, Inc., a global financial services company, provides consumers, corporations, governments, and institutions with a range of financial products and services. The company operates through two segments, Citicorp and Citi Holdings. The Citicorp segment operates as a global bank for businesses and consumers with two primary businesses, Regional Consumer Banking and Institutional Clients Group. The Regional Consumer Banking business provides traditional banking services, including retail banking, and branded cards in North America, Asia, Latin America, Europe, the Middle East, and Africa. The Institutional Clients Group business provides securities and banking services comprising investment banking and advisory services, lending, debt and equity sales and trading, institutional brokerage, foreign exchange, structured products, cash instruments and related derivatives, and private banking; and transaction services consisting of treasury and trade solutions, and securities and fund services. The Citi Holdings segment operates Brokerage and Asset Management, Local Consumer Lending, and Special Asset Pool businesses. The Brokerage and Asset Management Business, through its 49% stake in Morgan Stanley Smith Barney joint venture and Nikko Cordial Securities, offers retail brokerage and asset management services. The Local Consumer Lending business provides residential mortgage loans, retail partner card loans, personal loans, commercial real estate, and other consumer loans, as well as western European cards and retail banking services. The Special Asset Pool business is a portfolio of securities, loans, and other assets. Citigroup Inc. has approximately 200 million customer accounts and operates in approximately 160 countries. The company was founded in 1812 and is based in New York, New York.
Advisors' Opinion:
  • By Fabian At 2011-12-16
    Citigroup (C) appears to be getting started on its plan to trim its workforce by about 4,500 people. Th! e compan y filed papers with the government showingthat it may lay off 413 people in New York City by the end of the year, Bloomberg reported.
    Many of the layoffs are expected to occur in the bank’s Global Markets division, located at 388 Greenwich Street.
  • By David Sterman At 2011-12-6
    This may seem to be an odd choice for a long-term portfolio. Citigroup has caused all kinds of pain for investors in recent years. But behind the scenes, Citigroup has been transforming itself into a major global player. CEO Vikram Pandit has sought to reduce Citigroup’s exposure to the weak U.S. economy while aggressively investing in the world’s most dynamic emerging economies. Right now, North America and Europe constitute about two-thirds of revenue. But emerging markets are expected to grow at a faster pace than Europe and North America in coming years, so that revenue mix may move closer to 50/50.
    If the dollar weakens further, as many economists predict, then that international exposure will really pay off as Citigroup’s foreign earnings rise in value.
  • By Louis Navellier At 2011-11-17
    Citigroup provides consumers, corporations, governments and institutions across the globe with a range of financial products and services. A year-to-date drop of 46% for C stock has left shareholders shaking their heads throughout 2011.
  • By Vodicka At 2011-10-31
    Citigroup Inc. (NYSE: C), recent price $4.55: To prove that all bargain stocks don't have to be hidden gems, consider this "too-big-to-fail" bank. After trading above $55 a share in 2007, Citi got crushed in the 2008 financial collapse and has struggled since. However, it's now profitable again, plans a 10-for-1 reverse stock split in May and will also be resuming its dividend. What makes it most attractive for the long run, however, is its price-to-tangible-book-value ratio of just 1.02 - down from a 10-year-high of 5.24. In essence, you're getting right at a dollar's worth of real assets for every dollar you invest now.
  • By Sy_Harding At 2011-10-30
    Citigroup is one of Miller’s long-term holdings. He had $252 Million worth of C at the end of December. Dur! ing the past year, C returned 43.6% and outperformed the SPY by a huge margin. Stock holdings were reduced by 16% during the 4th quarter. Stock returned 3.8% since then, slightly underperforming the SPY’s 5.8% return. Citigroup is also a hugely popular stock among several hedge funds.
  • By Dave Friedman At 2011-10-23
    On 3/31/11 Maverick Capital reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Maverick Capital held 10,730,265 shares with a market value of $446,808,228. This comprised 4.36% of the total portfolio. The net change in shares for this position over the two quarters is 10,730,265. About the company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services. On 3/31/11 Maverick Capital reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Maverick Capital held 10,730,265 shares with a market value of $446,808,228. This comprised 4.36% of the total portfolio. The net change in shares for this position over the two quarters is 10,730,265. About the company: Citigroup Inc. is a diversified financial services holding company that provides a broad range of financial services to consumer and corporate customers around the world. The Company’s services include investment banking, retail brokerage, corporate banking, and cash management products and services.
  • By Goldman At 2011-8-28
    Citigroup(C) is a diversified financial-services company, with retail-, commercial- and investment-banking units. The company was on the brink of bankruptcy two years ago, weighed down by subpr! ime mort gage investments gone bad. Citigroup's stock traded for less than $1 in early 2009.
    Citigroup swung to an adjusted fourth-quarter profit of four cents from a year-earlier loss, but missed analysts' consensus target by 48%, sending shares down more than 6% in reaction. Citigroup's sales figure missed consensus by 6.4%. Still, its stock, among the heaviest-traded in the market, receives positive reviews from researchers, with 16, or 53%, "buy" recommendations, nine "hold" ratings and three "sell" rankings. It is up 52% in 12 months.
    Goldman's $5.50 target suggests a one-year potential rise of 13%. Dick Bove, at Rochdale Securities, remains the stock's greatest advocate, forecasting an advance of 42% to $6.96. Citi's stock is still cheap relative to financial-services peers, costing 8.7-times forward earnings, 0.9-times book value and 1.3-times sales. Those figures reflect discounts of 25%, 10% and 31% discounts to industry averages. Citigroup has reformed its risk profile markedly since the recession. Its Tier I common ratio widened to nearly 12% in the latest quarter and leverage fell to 12:1.
    Goldman, dismayed by lower capital-markets revenue during the quarter, is encouraged by Citi's asset sales, strengthening balance sheet and emerging markets exposure. Citi Holdings is shedding assets faster than anticipated, which is bolstering liquidity. Investment-banking revenue increased 25% during the quarter.
  • By Roger At 2011-8-28
    Citigroup is one of the toughest companies to value because it is the largest trader in off balance sheet derivative contracts in the world. Citi falls into the "too hard to value" category for me and has for years ever since I read a book by Aswath Damodaran on mortgage derivatives and realized that these contracts are incredibly hard to value let alone understand. The company is cheap, however, trading at around tangible book and for 12.7X trailing earnings and 8.7X forward earnings. Citigroup is another company that will likely not go under while trading for a discount to future cash flows.

Best Bank Stocks To Watch In November 2014:J P Morgan Chase & Co (JPM)

 JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. Its Investment Bank segment provides various investment banking products and services, including advising on corporate strategy and structure, capital-raising in equity and debt markets, risk management, market-making in cash securities and derivative instruments, prime brokerage, and research services serving corporations, financial institutions, governments, and institutional investors. The company?s Commercial Banking segment provides lending, treasury, investment banking, and asset management services to corporations, municipalities, financial institutions, and not-for-profit entities. Its Treasury & Securities Services segment offers cash management, trade, wholesale card, and liquidity products and services to small and mid-sized companies, multinational corporations, financial institutions, and government entities. It also holds, values, clears, and services securities, cash, and alternative investments for investors and broker-dealers, and manages depositary receipt programs worldwide. JPMorgan?s Asset Management segment provides investment and wealth management to institutions, retail investors, and high-net-worth individuals. This segment offers investment management in equities, fixed income, real estate, hedge funds, private equity, and liquidity products, as well as trust and estate, banking and brokerage services, and retirement services. Its Retail Financial Services segment offers retail banking and consumer lending services that include checking and savings accounts, mortgages, home equity and business loans, and investments through ATMs, online banking, and telephone banking, as well as auto dealerships and school financial-aid offices. The company?s Card Services segment issues credit cards and processes various credit card payments. JPMorgan Chase & Co. was founded in 1823 and is headquartered in New York, New York.
Advisors' Opinion:
  • By Fabian At 2011-10-! 30
    Bill Miller had $245 Million in JPM shares at the end of December. These shares have returned 17.5% since February 2010, underperforming the SPY by 4 percentage points. Stock holdings are almost unchanged during the 4th quarter, stock returned 10.5% since the end of December.
  • By Dave Friedman At 2011-10-23
    On 3/31/11 Maverick Capital reported holding 5,980,977 shares with a market value of $275,723,031. This comprised 2.93% of the total portfolio. On 6/30/11, Maverick Capital held 10,792,867 shares with a market value of $441,859,960. This comprised 4.32% of the total portfolio. The net change in shares for this position over the two quarters is 4,811,890. About the company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • By Putnam At 2011-9-28
    JPMorgan Chase & Co. (NYSE:JPM): On 3/31/11 Viking Global Investors reported holding 10,114,100 shares with a market value of $466,259,995. This comprised 4.02% of the total portfolio. On 6/30/11, Viking Global Investors held 9,539,400 shares with a market value of $390,543,023. This comprised 3.27% of the total portfolio. The net change in shares for this position over the two quarters is -574,700. About the company: JPMorgan Chase & Co. provides global financial services and retail banking.? The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance.? JP Morgan Chase serves business enterprises, institutions, and individuals.
  • By Roger At 2011-9-10
    Thi s leading global financial company operates in more than 50 countries.?Its strong balance sheet and competitive position place the stock on the buy list of almost all of the major banking analysts despite the pullback in the banking sector — it is the premier big bank on their list.?Technically JPMorgan Chase (NYSE:JPM) retreated to its major support zone at $39 to $41 after making a high at over $48 in February.
    The stock’s stochastic is telling us that it is oversold, and the stock had a reversal day late last month that could provide a short-term trade to $43.?Fundamental analysts have an average target of $58 within 12 months, but technically we’d be pleased with a move back to its high of $47-plus by the end of this year. The annual dividend is $1.00 providing a yield of 2.51%.
  • By Jim Cramer,TheStreet At 2011-9-7
    The dividend's going to be boosted, the buyback enlarged, the earnings power revealed, the shroud gone. JPMorgan Chase (JPM) is still the best-run bank in America, if not the world, and CEO Jamie Dimon is one of our greatest bankers.
    The company really did come through this period relatively unscathed and with a better branch network, courtesy of the dirt-cheap price of Washington Mutual. This company's stock has done nothing, literally nothing, year over year. Unchanged! That won't be the case in 2011.
    I see it going to $50, propelled by earnings power and the dividend hikes. It will be the pre-eminent financial to own and become a staple of many a mutual fund portfolio.
  • By Goldman At 2011-8-28
    JPMorgan Chase(JPM), like Citigroup, is a diversified financial-services company, albeit one with a better track record and reputation.
    JPMorgan's fourth-quarter adjusted earnings rose 84% to $1.12, beating analysts' consensus forecast by 12%. Its top-line tally, up 13%, exceeded expectations by 7.8%. The bank is lending more. Loans grew 1%, up in five of six business units. Trading revenue was down 8%. The bank's net interest margin, at just below 2.9%, missed Wall Street's target of 3%. Still, the quarter was considered an overwhelming positive, with JPMorgan topping the investment-bank league tables for global fees, even though its operating profit dropped 24%.
    JPMorgan's retail and card-services businesses swung to profits from year-earlier losses. Amid a strengthening recovery, diversified financial stocks have fallen out of favor, but JPMorgan is expected to more than double its dividend in 2011. Based on aggregate ratings, JPMorgan is analysts' favorite Dow component. It receives 28 "buy" recommendations and five "hold" calls. No researchers rank JPMorgan "sell." Although Goldman rates the stock "buy", its $54 target is below the median, at $54.29. Barclays forecasts that the stock will rise 32% to $60 in 12 months.
  • By Goodwin At 2011-8-28
    JPMorgan reported earnings that rose by 67% on a YOY quarterly basis and the shares are another large position for FAIRX. JPM is a well managed company, with the best leadership team out of all of the Fed member banks discussed in this article. Jamie Dimon is a one of the few investment banking leaders whose integrity is unquestionable, although in this case, such a statement is akin to calling a used car salesman "honest" after the bailouts unfortunately stripped the investment banking profession of a substantial amount of respect. Maybe it's a good thing they are well paid after all.

Best Bank Stocks To Watch In November 2014:Royal Bank Of Canada (RY)

 Royal Bank of Canada provides personal and commercial banking, wealth management services, insurance, corporate and investment banking, and transaction processing services under the RBC name worldwide. Its Canadian Banking segment offers personal financial services, business financial services, and cards and payment solutions. The company?s Wealth Management segment provides wealth and asset management, and estate and trust services to affluent and high net worth clients through distributors, as well as directly to institutional and individual clients in Canada, the United States, Europe, Asia, and Latin America. Its Insurance segment provides various life and health insurance, including universal life, accidental death and critical illness protection, disability, long-term care insurance, and group benefits; and property and casualty insurance comprising home, auto, and travel insurance, as well as wealth accumulation solutions; and reinsurance products through retail insurance branches, call centers, independent insurance advisors and travel agencies, financial institutions, and career sales force. The company?s International Banking segment offers various financial products and services to individuals, business clients, and public institutions in the U.S. and Caribbean. This segment also provides global custody, fund and pension administration, securities lending, shareholder services, analytics, and other related services to institutional investors. Royal Bank of Canada?s Capital Markets segment engages in the trading and distribution of fixed income, foreign exchange, equities, commodities, and derivative products for institutional, public sector, and corporate clients; and involves in investment banking, debt and equity origination, advisory services, corporate lending, private equity, and client securitization businesses. The company was founded in 1864 and is headquartered in Toronto, Canada.

Best Bank Stocks To Watch In November 2014:Wells Fargo & Company (WFC)

 Wells Fargo & Company, through its subsidiaries, provides retail, commercial, and corporate banking services primarily in the United States. The company operates in three segments: Community Banking; Wholesale Banking; and Wealth, Brokerage, and Retirement. The Community Banking segment offers deposits, including checking, market rate, and individual retirement accounts; savings and time deposits; and debit cards. Its loan products comprise lines of credit, auto floor plans, equity lines and loans, equipment and transportation loans, education loans, residential mortgage loans, health savings accounts, and credit cards. This segment also provides equipment leases, real estate financing, small business administration financing, venture capital financing, cash management, payroll services, retirement plans, loans secured by autos, and merchant payment processing services; purchases sales finance contracts from retail merchants; and a family of funds, and investment management services. The Wholesale Banking segment offers commercial and corporate banking products and services, including commercial loans and lines of credit, letters of credit, asset-based lending, equipment leasing, international trade facilities, trade financing, collection services, foreign exchange services, treasury and investment management, institutional fixed-income sales, commodity and equity risk management, insurance, corporate trust fiduciary and agency services, and investment banking services. This segment also provides banking products for commercial real estate market, and real estate and mortgage brokerage services. The Wealth, Brokerage, and Retirement segment offers financial advisory, brokerage, and institutional retirement and trust services. As of December 31, 2010, the company served its customers through approximately 9,000 banking stores in 39 States and the District of Columbia. Wells Fargo & Company was founded in 1929 and is headquartered in San Francisco, California.
Advisors' Opinion:
  • By Philip At 2011-11-8Wells Fargo's (WFC) forward P/E was 7.9, based on Friday's closing price of $25.40 and consensus 2012 EPS estimate of $3.22. The shares trade just over the company's reported book value of $24.13, as of Sept. 30.
    Out of 895 publicly traded U.S. bank and thrift stocks -- excluding those trading on the Pink Sheets -- 273 trade for less than $5 a share, according to data supplied by SNL.
    We narrowed down the list down to 21 names with three-month daily average trading volume of more than 50,000 shares.
    We further pared the list to the five names with the most upside implied by mean price targets among analysts polled by FactSet, limiting the group to bank and thrift holding with "Buy" ratings from at least half the covering analysts.
  • By Sherry Jim At 2011-10-30
    Miller had $361 Million WFC shares at the end of December. WFC gained 24.7% during the last 12 months and outperformed the SPY by 3.2 percentage points. Stock holdings increased by 18.5% during the last quarter and WFC returned 9.1% since then. Warren Buffett was extremely bullish about Wells Fargo during the fourth quarter, adding another 6+ Million shares to his $11+ Billion WFC holdings.
  • By James K. Glassman At 2011-10-21
    Bill Miller's incredible streak of beating the S&P 500 for 15 straight calendar years came to an end in 2006, but the CEO of Legg Mason Capital Management is still worth listening to. He always has interesting, contrarian ideas, and right now he's high on what many investors despise: bank stocks. He especially likes Wells Fargo (WFC), which is down about one-fourth since May and is trading at a modest 11 times estimated earnings.

Best Bank Stocks To Watch In November 2014:Comerica Incorporated (CMA)

 Comerica Incorporated, through its subsidiaries, provides various financial products and services in Texas, Arizona, California, Florida, and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Its Business Bank segment comprises middle market, commercial real estate, national dealer services, international finance, global corporate, leasing, financial services, and technology and life sciences businesses. This segment offers commercial loans and lines of credit, deposits, cash management, capital market products, international trade finance, letters of credit, foreign exchange management services, and loan syndication services to medium-size businesses, multinational corporations, and governmental entities. The company?s Retail Bank segment provides small business banking and personal financial services consisting of consumer lending, consumer deposit gathering, and mortgage loan origination. This segment offers various consumer products, including deposit accounts, installment loans, credit cards, student loans, home equity lines of credit, and residential mortgage loans. Its Wealth Management segment provides products and services comprising fiduciary services, private banking, retirement services, investment management and advisory services, investment banking, and discount securities brokerage services. This segment also sells annuity products, as well as life, disability, and long-term care insurance products. The company was founded in 1849 and is headquartered in Dallas, Texas.

Best Bank Stocks To Watch In November 2014:FirstMerit Corporation (FMER)

 FirstMerit Corporation operates as the bank holding company for FirstMerit Bank, N.A. that provides a range of banking, fiduciary, financial, insurance, and investment services to corporate, institutional, and individual customers in northern and central Ohio, and western Pennsylvania. The company?s commercial business offers commercial term loans, revolving credit arrangements, asset-based lending, leasing, commercial mortgages, real estate construction lending, letters of credit, cash management services, and other depository products. Its retail business provides various financial products and services, including consumer direct and indirect installment loans, debit and credit cards, debit gift cards, residential mortgage loans, home equity loans and lines of credit, fixed and variable annuities, and ATM network services, as well as deposit products comprising checking, savings, money market accounts, and certificates of deposit. The company?s wealth business provides asset management, private banking, financial planning, estate settlement and administration, and credit and deposit products and services. FirstMerit Corporation also offers trust and investment services, including personal trust and planning, and investment management; retirement plan services; retail mutual funds, other securities, variable and fixed annuities, personal disability and life insurance products, and brokerage services; and private banking services, including credit, deposit, and asset management solutions. As of December 31, 2009, it operated a network of 160 full service banking offices and 182 ATMs. The company was founded in 1855 and is headquartered in Akron, Ohio.

Friday, February 24, 2012

Get Used To Positive Surprises Ahead For U.S. Economy

In 2008 it seemed a sure thing that the economy would wind up in the next Great Depression.
Look at all that was happening with the bursting of the real estate bubble, collapse of the sub-prime mortgage market, freeze-up of the banking system, ravages of the Great Recession, collapse of the auto industry, bailout of mortgage-insurance giant AIG and the bankruptcy of General Motors and Chrysler.
It was then a sure thing that the massive stimulus and bailout efforts would not work, and the costs would bankrupt the country and drop it into third-world economy status.
There was no chance that the banks or the U.S. auto industry would ever pay back the bailout loans. The assets the Federal Reserve was also putting on its books to help the banks clean up their balance sheets, by exchanging Treasury bonds for some of the toxic assets on the books of banks, was just further money down the drain.
The way the banks seemed to be using the bailout loans to expand, buying out competitors, expanding into Asia, rather than using it to make loans, was going to make the ��too big to fail�� problem even worse for the future.
Even since the recovery began, it has been derided as just an illusion, as could be seen by the housing industry still being mired in depression-like conditions, and no progress being made in the terribly high unemployment situation.
Sometimes it seems we��re so focused on the negatives that we haven’t noticed the unexpected positive surprises in the recovery
For instance, how many realize that most of the government loans made to the banks and auto industry have already been paid back, with interest.
Or that the U.S. auto industry has bounced back dramatically. Global auto sales recovered sharply in 2011 and the U.S. led the way, with sales up 9.2%, topping even the 6% auto sales growth in China.
Yesterday it was reported that General Motors has bounced back from its bankruptcy ! three ye ars ago to a degree that it has regained its crown as the top-selling car-maker in the world.

Monday, February 20, 2012

Thursday’s ETF To Watch: Telecom ETF (VOX)

As we dive further into earnings season, investors will do their best to focus on relatively strong U.S. data, as opposed to decisions by the Fed, the Greek debt crisis, and other factors hindering the recovery. On Tuesday, investors saw Apple (AAPL) crush market estimates with their quarterly earnings. The shares soared the most in three years as iPhone and iPad sales doubled that of last year’s holiday season. What’s more, Apple has now narrowly taken over Exxon Mobil (XOM) for the world’s most valuable company by market capitalization. While it is unclear how long the firm will remain in first place, Apple’s rally is certainly helping to prop up markets amid investor concerns [see also The Ten Commandments of Commodity Investing].
Today will follow suit with more bellwether earnings as AT&T (T) will be releasing their most recent quarter’s results. The telecom giant will look to make a statement as its largest competitor, Verizon Wireless, missed analyst estimates on Tuesday and saw its share price tumble. Investors will be especially curious to see how AT&T’s quarter turned out given the news that Apple sold a record number of iPhones last quarter. Though AT&T is no longer the exclusive iPhone provider, this will still account for a good chunk of their revenues and it could mean a strong quarter for the firm [see also How To Invest Like UBS In 2012 (Using Only ETFs)].
Analysts are calling for EPS of $0.43 with revenues just below the $32 billion mark. If all figures are met, this will represent a 1.5% growth in sales for all of 2011 with total revenues eclipsing the $125 billion line. Investors will note that T has either met or surpassed its last four earnings estimates, which bodes well for a good report today. The firm will report before market open so look for the stock to gap at opening depending on which way the report goes.
With this major announcement on tap, to! day̵ 7;s ETF to watch will be the?Telecom ETF (VOX) from Vanguard. This fund seeks to replicate a benchmark that?consists of stocks of large, medium, and small U.S. companies in the telecommunication services sector. Top holdings include none other than AT&T (22.9%), along with Verizon, Sprint Nextel, and a number of other household names. This fund has been relatively flat over the past year, but with a dividend yield of 3.2%, that may be just fine for those utilizing this ETF for its income stream. As far as today’s trading is concerned, VOX will rely heavily on AT&T’s earnings and will likely move in line with the announcement [see also Three ETFs For Smart Phone Exposure].
[For more ETF analysis, make sure to sign up for our free ETF newsletter or try a free seven day trial to ETFdb Pro]

Friday, February 3, 2012

Zagg Inc crossed 52 Week High Price - NASDAQ:ZAGG

Zagg Inc (NASDAQ:ZAGG) achieved its new 52 week high price of $16.00 where it was opened at $15.96 down -0.44 points or -2.79% by closing at $15.32. ZAGG transacted shares during the day were over 3.18 million shares however it has an average volume of 2.90 million shares.
ZAGG has a market capitalization $374.99 million and an enterprise value at $388.16 million. Trailing twelve months price to sales ratio of the stock was 3.98 while price to book ratio in most recent quarter was 10.65. In profitability ratios, net profit margin in past twelve months appeared at 13.23% whereas operating profit margin for the same period at 21.69%.
The company made a return on asset of 33.33% in past twelve months and return on equity of 47.24% for similar period. In the period of trailing 12 months it generated revenue amounted to $94.34 million gaining $4.08 revenue per share. Its year over year, quarterly growth of revenue was 207.40% holding 318.50% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $1.77 million cash in hand making cash per share at 0.07. The total of $4.16 million debt was there putting a total debt to equity ratio 11.10. Moreover its current ratio according to same quarter results was 2.37 and book value per share was 1.44.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 22.45% where the stock current price exhibited up beat from its 50 day moving average price $12.83 and remained above from its 200 Day Moving Average price $9.67.
ZAGG holds 24.48 million outstanding shares with 13.20 million floating shares where insider possessed 36.60% and institutions kept 38.00%.

Tuesday, January 17, 2012

Where to Find Stocks with Yields Double Those in the U.S.

Last week, I told you about the enormous number of high-yielding stocks abroad. I think the amount of international dividend-payers out there is one of the market's biggest secrets.
If you remember, I told you only 18 profitable U.S. companies were paying yields of more than 12%... compared with 412 abroad. The numbers fluctuate day to day, but the trend is pretty clear.
I've researched this topic for years. And the fact is, foreign companies are simply paying higher yields across the board.
Take a look at the table to the right.
You can see the difference between what we get from U.S. companies and what's available from international companies. Keep in mind I only looked at the common stocks of companies that were profitable in the past year.
Truth is, the stocks in the S&P 500 pay an average yield of just 2.0%. This makes us one of the lowest-yielding markets in the world.
But go abroad, and you find something completely different. No, not every country is a dividend stalwart... but there are a surprising number of markets that more than double the yields found here in the United States.
Compare our 2.0% average yield with what I'm seeing in international markets.
According to Bloomberg, Germany's average yield is 3.6%... Brazil's average yield is 4.1%... the United Kingdom yields 3.4%... Australia yields 4.5%... New Zealand pays 4.4%.
Take a look:

As Judy Sarayan, a fund manager at mega-investment firm Eaton Vance explained in simple terms, "There's a much stronger dividend culture abroad... individual investors play a larger role in those markets, and the! y have a lways demanded more dividends."
But there are more reasons to look abroad than just the dividend yields.
In the one-year period between August 2010 and August 2011, the S&P 500 returned 15.9%. This is certainly nothing to sneeze at, but when you look at total performance worldwide, the U.S. market ranked just 36th in the world in that same period.
And during the past five years, the S&P 500 has returned 12.6%. But 34 other countries delivered better stock market returns.
So not only can you find higher yields abroad, but you can also see stronger capital gains.
You see, there's a correlation between economic growth and rising stock prices. The faster the growth, typically the higher the stock market moves. And international markets are where the majority of the world's economic growth is happening.
Look, the United States is unlike any other nation on the planet. It's the largest economy and home to the world's most innovative entrepreneurs. But the simple fact is that the headiest days of our economic growth are behind us.
Why?
It's simply the law of large numbers. With an economy in excess of $14 trillion, growing more than a few percent each year is a major undertaking.
In fact, think back about what we've seen in the past few years. The U.S. government has spent trillions in an effort to stimulate the economy. The Federal Reserve has spent trillions more. Interest rates have been slashed to zero.
And yet, the U.S. economy grew just 2.8% in 2010. Not bad, but only good enough to rank us 117th in the world -- between South Africa and Cameroon -- when it comes to annual gross domestic product (GDP) growth.
Qatar topped this list with 16.3% growth. Singapore saw a 14.4% rise in GDP. Panama, 7.5%... South Korea, 6.1%... Poland, 3.8%... even Germany boosted its GDP at a 3.5% annual rate.
Fact is, more and more income investors are realizing that if they want to give the! mselves the best chance at the "Holy Grail" of investing -- high yields AND rising stock prices -- they need to look at international companies.
> Don't get me wrong -- investing in international dividend-payers isn't a guaranteed winning investment. Nothing ever is. But as I like to say, limiting yourself to only U.S. stocks is like going to a restaurant and limiting your options to just one side of the menu. Sure you can find something you like... but wouldn't you rather see all the options?

Monday, January 16, 2012

Challenges loom ahead for the rest of 2012

Bolstered by strong sales of games like Dead Space 2, Dragon Age II, and Bulletstorm, Electronic Arts (NASDAQ:ERTS) beat Wall Street’s earnings expectations late Wednesday and saw its stock rise 7% in recent Thursday trading.
But the rest of the year may not go as smoothly. While it once appeared like the company would be able to maintain its positive momentum, its catalog of late-2011 releases are under threat, putting recent gains at risk.
The most significant issues face the company’s lucrative EA Sports titles. The looming NFL lockout and the absence of the World Cup tournament are putting a significant damper on Madden NFL 2012 and FIFA 2012, entries in the company’s perennial best-selling franchises.
The lack of a new major game in the company’s NBA Live (changed to NBA Elite last year, before being cancelled) series is also a challenge, and an NBA work stoppage looms this fall. EA CEO John Riccitello said that these problems represent a potential “$250 million revenue challenge” for fiscal 2012, and the company adjusted its forecast to account for the worst. That’s a small comfort to shareholders banking on strong sports game sales.
The other problem is that EA’s multiplayer online game Star Wars: The Old Republic, intended as a competitor to Activision Blizzard’s (NASDAQ:ATVI) World of Warcraft, is likely going to be delayed until next year (although the company has scheduled it for a release in the second half of 2011). Having already spent massive sums on the game’s development — costs have been rumored to be everywhere between $80 million and $300 million — EA needs to have its online Star Wars game ready for consumers before Blizzard reveals its World of Warcraft follow-up, code-named Titan.
EA’s d! igital g ames business, including social games on Facebook and mobile games on Apple’s (NASDAQ:AAPL) iPhone, remain a bright spot for the rest of 2011. The company’s digital sales for the previous fiscal year totaled $811 million, handily beating expectations of just $750 million. Its digital initiatives continue to grow by leaps and bounds, and on Tuesday, EA acquired mobile and social game maker Firemint, maker of the popular iPhone game Flight Control, for around $25 million.
Unfortunately, the company’s digital business only makes up 20% of overall revenue. With uncertainty surrounding the company’s traditional game offerings for the rest of the year, a stock runup from of more than 40% since late January may be hard to repeat anytime soon.
As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at?@ajohnagnello?and?become a fan of?InvestorPlace on Facebook.