-
Top 5 Stocks For March 18, 2010 (FDX, GME, ROST, PALM, BBI)
Thursday, March 18, 2010 - 7:05am | 262Analysts are expecting FedEx Corp (NYSE: FDX) to post earnings of $0.72 per share for the latest quarter. FDX is set to post its results before the opening bell. FDX gained 0.53% to $90.28 in after hours trading. Read more about this company here. GameStop Corp (NYSE: GME) had forecasted an EPS of...
-
ETFs To Watch March 18, 2010 (IYT, EWZ, HAO, MTK)
Thursday, March 18, 2010 - 2:22am | 239Here is the ETF Professor's ETF Watch List for Thursday March 18, 2010. Play the good retail news from Nike (NYSE: NKE) and Guess (NYSE: GES) with the SPDR S&P Retail ETF (NYSE: XRT). Play FedEx (NYSE: FDX) earnings with the iShares Dow Jones Transportation Average (NYSE: IYT). The Market...
-
FedEx Earnings Preview (FDX)
Wednesday, March 17, 2010 - 7:10pm | 125Wall Street will be watching tomorrow morning when FedEx (NYSE: FDX) reports their quarterly earnings numbers. Consensus analysts' estimates are that the global shipping company will report EPS of $0.72 compared to $0.31 in the year ago period. In today's trading session, FDX shares gained 1.32% to...
-
Looking at Cree (CREE) Options Strategies Post-Downgrade
Wednesday, March 17, 2010 - 11:05am | 1632Citing valuation, Garp Research & Securities downgraded its rating on Cree (NASDAQ: CREE) on Tuesday to “neutral” from “buy.” The firm noted that shares of the LED lighting company currently trade at 22 times Garp’s fiscal 2012 earnings-per-share estimate and are therefore unlikely to move much...
-
Wal-Mart (WMT) scores an upgrade
Tuesday, March 16, 2010 - 10:08am | 1477Watch for … rising prices? An analyst with Citigroup expects an improving outlook in shares of Wal-Mart Stores (NYSE: WMT) and boosted the stock’s rating to “buy” from “hold.” Citigroup also upped its 12-month price target to $65 from $54. WMT closed at $53.90 on Friday but gained nearly 3% on...
-
Stocks That Created New 52-Week Highs (AIRT, ALKS, ALLT, ATEC, AMIC)
Monday, March 15, 2010 - 4:20pm | 252Air T (NASDAQ: AIRT) shares moved up 1.22% to create a new 52-week high of $12.48. AIRT offers overnight air cargo, ground equipment sales, and ground support services. Alkermes (NASDAQ: ALKS) shares jumped 15.07% to $14.05, creating a new 52-week high. ALKS shares jumped after the FDA responded...
-
FedEx Shows Double Dip Coming (FDX, UNP, DIA)?
Monday, March 15, 2010 - 10:45am | 154Robin Griffiths, technical strategist at Cazenova Capital, told CNBC Monday morning that FedEx Corporation (NYSE: FDX) is giving investors a clear signal that the economy will double dip. You can view the clip here. Mr. Griffiths cites the Dow Theory in his analysis, but makes some alterations. The...
-
WHAT’S ON TAP?
Sunday, March 14, 2010 - 2:00pm | 998After a slow week last week the news picks up again. In addition to several important economic reports we also get a Fed meeting on Tuesday. Investors are expecting further accommodative talk from the Fed so any decision could already be priced into the market. Language changes could be the...
-
FedEx Corporation (FDX) Maintains Buy Rating
Thursday, March 11, 2010 - 11:32am | 134Jesup & Lamont has maintained its Buy rating for FedEx Corporation (NYSE: FDX). FedEx shares have been strong in recent times as the company prepares to release earnings for the third-quarter on March 17. Jesup & Lamont believes that the company’s February quarter EPS were helped by...
-
Where the Action is: Financial Sector Focus in Today’s Options Market
Wednesday, March 10, 2010 - 6:38pm | 1638The NASDAQ , S&P 500 and Dow Jones are all struggling to maintain the anemic rally that has ensued for the past 1.5 weeks. Volume continues to dissipate in most major indices, SPY’s 14 day volume simple moving average has been on a downtrend since early-mid February. Today’s options action...
-
Mad Money Lightning Round: Jim Recommends JCG, RRC, ADSK, UPS, WEN, CMG, DLM, GLD, AEM, AMSC Over SLW, IMAX, WEN, QCOM And EXPD
Wednesday, March 10, 2010 - 8:12am | 394During the "Mad Money Lightning Round," Jim Cramer said that the performance of J Crew (NYSE: JCG) was impressive and its stock should be bought into if there is any weakness. Jim thinks that Range Resources (NYSE: RRC) is a natural takeover target and should be bought at first instance. He...
-
Options Plays in Potash (POT): Will Rating Increases Spark a Rally in Potash (POT) Stock?
Tuesday, March 9, 2010 - 11:15am | 1592Potash Corp. of Saskatchewan (POT) moved higher yesterday after Morgan Joseph upped its rating of the shares to “buy” from “hold.” Rising potash prices were cited by the upgrading analyst as a primary driver behind the ratings change. POT ended Friday’s session at $116.81. Unlike brokerage houses,...
-
Join The C.H. Robinson (CHRW) Party; Barron’s
Monday, March 8, 2010 - 10:54am | 125According to Barron’s, it is not often that investors get a chance to invest at a fair price in a blue-chip company, which offers a high return, and is debt free. Barron’s believes that C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), a freight broker, is one such opportunity. The company had $8...
-
What Does Morgan Keenan’s FedEx (FDX) Upgrade Mean to Options Traders?
Thursday, March 4, 2010 - 5:37pm | 1567This morning FedEx Corporation (FDX) was upgraded to “outperform” from “market perform” by brokerage firm Morgan Keenan in anticipation the company could enjoy stronger earnings leverage as its volumes bounce back. This upgrade comes ahead of earnings, which are expected from FedEx before the...
-
FedEx Gets Upgraded To Outperform (FDX)
Thursday, March 4, 2010 - 5:29pm | 131Equity research firm Morgan Keegan has upgraded FedEx (NYSE: FDX) to ‘Outperform.' According to a report released by the research firm, FedEx (FDX) management coped well with the recessionary period. It also lauded management’s adherence to stringent cost-control measures. As part of cost-controls...