-
How to Profit from the Automotive Recovery - Investment Ideas
Thursday, December 16, 2010 - 1:00am | 1325It's hard to ignore the resurgence of the U.S. auto industry. Iconic American car maker Ford Motor Company (F) is trading at a multi-year high and has actually been turning a consistent profit for several quarters now. Meanwhile, a leaner GM (GM) pulled off the biggest IPO in U.S. history last...
-
AutoZone To Buy Back Additional $500 Million In Shares (AZO)
Wednesday, December 15, 2010 - 5:35pm | 39AutoZone (NYSE: AZO) has announced that they will be buying back an additional $500 million in shares. AZO has risen 66% year-to-date. In the after hours trading session, the stock is up 0.68% to $264.33.
-
CPI: Inflation Still Tame - Analyst Blog
Wednesday, December 15, 2010 - 2:33pm | 2328The Consumer Price Index (CPI) rose by just 0.1% in November, down from 0.2% October. Even with the 0.1% increase in September, year over year it is up just 1.1%. Energy prices, were surprisingly well behaved in the month, rising just 0.2% after having surged 2.6% in October on top of a 0.7%...
-
CPI: Inflation Still Tame - Analyst Blog
Wednesday, December 15, 2010 - 2:03pm | 2328The Consumer Price Index (CPI) rose by just 0.1% in November, down from 0.2% October. Even with the 0.1% increase in September, year over year it is up just 1.1%. Energy prices, were surprisingly well behaved in the month, rising just 0.2% after having surged 2.6% in October on top of a 0.7%...
-
Retail Sales on the Rise - Analyst Blog
Tuesday, December 14, 2010 - 1:30pm | 1572Retail Sales were better than expected in November, and the numbers for October were revised sharply higher. Total retail sales rose 0.8%, much better than the 0.5% consensus expectation, and are up 7.7% from a year ago. October was revised up from 1.2% growth to 1.7% growth, which makes the...
-
Retail Sales on the Rise - Analyst Blog
Tuesday, December 14, 2010 - 12:40pm | 1572Retail Sales were better than expected in November, and the numbers for October were revised sharply higher. Total retail sales rose 0.8%, much better than the 0.5% consensus expectation, and are up 7.7% from a year ago. October was revised up from 1.2% growth to 1.7% growth, which makes the...
-
J.P. Morgan Reiterates Neutral Rating on AutoZone Inc. (AZO)
Monday, December 13, 2010 - 10:46am | 110J.P. Morgan is out with a research report this morning, where it reiterates its Neutral rating on AutoZone Inc. (NYSE: AZO); it has a $240.00 price target on the stock. The J.P. Morgan analysts adjusted their estimates for the name, decreasing the EPS estimate to $17.98 from $18.14 previously. For...
-
Autozone, Inc. - Momentum
Monday, December 13, 2010 - 3:03am | 819Autozone, Inc. (AZO) continues to trade near its all-time high after reporting strong Q1 results in early December that included a 10% earnings surprise. With a discounted valuation and bullish growth projection, this Zacks #1 rank stock offers a nice tune up for the momentum investors of the world...
-
Autozone, Inc. - Momentum
Monday, December 13, 2010 - 1:00am | 819Autozone, Inc. (AZO) continues to trade near its all-time high after reporting strong Q1 results in early December that included a 10% earnings surprise. With a discounted valuation and bullish growth projection, this Zacks #1 rank stock offers a nice tune up for the momentum investors of the world...
-
Top 4 Small-Cap Stocks In The Auto Dealerships Industry With The Lowest PEG Ratio (ABG, LAD, KAR, CRMT)
Friday, December 10, 2010 - 4:24am | 125Below are the top small-cap auto dealership stocks on the NYSE and the NASDAQ in terms of PEG ratio. Asbury Automotive Group Inc (NYSE: ABG) has a PEG ratio of 0.52. ABG's quarterly earnings growth is 68.90% y/y. Lithia Motors Inc (NYSE: LAD) has a PEG ratio of 0.56. LAD's trailing-twelve-month...
-
AutoZone Price Target Raised to $301 at Argus
Thursday, December 9, 2010 - 10:51am | 19AutoZone (NYSE: AZO) price target is raised from $234 to $301 at Argus.
-
Celgene Presents Data - Analyst Blog
Wednesday, December 8, 2010 - 7:03pm | 389Celgene Corporation (CELG) continued presenting data on its drugs/pipeline candidates at the annual conference of the American Society of Hematology. Recently, data from an observational study revealed no significant difference in the risk of progression to acute myeloid leukaemia (AML) in...
-
Celgene Presents Data - Analyst Blog
Wednesday, December 8, 2010 - 6:20pm | 389Celgene Corporation (CELG) continued presenting data on its drugs/pipeline candidates at the annual conference of the American Society of Hematology. Recently, data from an observational study revealed no significant difference in the risk of progression to acute myeloid leukaemia (AML) in...
-
Goldman Positive On CarMax, Raises PT
Wednesday, December 8, 2010 - 9:59am | 157Goldman Sachs has published a research report on CarMax, Inc. (NYSE: KMX) after a positive 3Q earnings report. In the report, Goldman Sachs writes "Used vehicle prices tracked +2.3% qoq during KMX's F3Q (Manheim 122.0 vs. F2Q average of 119.3). After October's strong seasonally-adjusted used...
-
Deutsche Bank Raises AutoZone PT To $250
Wednesday, December 8, 2010 - 9:53am | 65AutoZone, Inc. (NYSE: AZO) is increasing its FY11 and FY 12 estimates to $18.10 and $19.98 from $17.01 and $18.65. “We are raising our price target to $250,” Deutsche Bank writes. “Our new price target is based on 12x our revised CY12 EPS estimate, in line with AZO's long term average multiple and...