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June 24, 2010: 21 Large Cap/Low PE Stocks
Thursday, June 24, 2010 - 7:02pm | 224Occasionally, investors shake the tree with a broad screen to see what securities fall to the ground. Today,I programmed a Standard and Poors Large Cap screen. The following large cap ($10-50b) securities have a four or five star S&P rating coupled with a low PE and PEG valuations. For brevity...
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US Steel (X) Is Getting Cheap
Thursday, June 24, 2010 - 1:28pm | 73Keep an eye on shares of US Steel (X). The stock has dropped to $42 per share. I will be looking to start a position in US Steel in the 30’s. US Steel is currently trading at just 7 times next year’s earnings projections. Even if the company’s 2011 EPS is off by 25%, US Steel would still trade at...
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US Steel (X) Is Getting Cheap
Thursday, June 24, 2010 - 1:28pm | 73Keep an eye on shares of US Steel (X). The stock has dropped to $42 per share. I will be looking to start a position in US Steel in the 30’s. US Steel is currently trading at just 7 times next year’s earnings projections. Even if the company’s 2011 EPS is off by 25%, US Steel would still trade at...
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Benzinga’s Volume Movers (SNWL, HAYN, LNCR, VLCM)
Tuesday, June 22, 2010 - 12:08pm | 177SonicWALL Inc (NASDAQ: SNWL) shares soared 4.76% to $11.89 at 11:16 am. The volume of SNWL shares traded was 1242% higher than normal. Aloha Petroleum has revamped its network security system with SNWL. Haynes International Inc (NASDAQ: HAYN) shares climbed 6.99% to $32.47. The volume of HAYN...
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Stock Market News for June 22, 2010 - Market News
Tuesday, June 22, 2010 - 9:51am | 608Beijing’s weekend promise of a more flexible renminbi invigorated markets across the globe but absence of clear-cut details in China’s pledge had Wall Street wiping off strong early-morning gains in a late-day slide. The Dow average closed down 8 points, after having risen as much as 143 points in...
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Top 4 NYSE Stocks In The Steel And Iron Industry With The Highest Sales (MT, RTP, PKX, VALE)
Tuesday, June 22, 2010 - 6:35am | 134Below are the top 4 steel and iron stocks on the NYSE in terms of sales. The trailing-twelve-month sales for Arcelor Mittal (NYSE: MT) stand at $68.64 billion. MT has achieved 23.3% year-over-year quarterly revenue growth. The trailing-twelve-month sales for Rio Tinto plc (NYSE: RTP) stand at $41....
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Top Performing Industries For June 21 (CENX, PKX, SLT, MFN)
Monday, June 21, 2010 - 12:58pm | 222At 11:12 a.m., the Dow soared 96.29, or 0.92%, to 10,546.93, the broader Standard & Poor's 500 index moved up 8.56, or 0.77%, to 1,126.07 and the NASDAQ composite index gained 13.79, or 0.60%, to 2323.59. The industries that are driving the market today are: Aluminum: The top gainer of the day...
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Top 4 Mid-Cap Stocks In The Basic Materials Sector With The Highest Sales Growth Estimate This Quarter (WPZ, EPB, CLF, MWE)
Monday, June 21, 2010 - 6:32am | 167Below are the top 4 mid-cap basic materials stocks on the NASDAQ and the NYSE in terms of sales growth estimates. The sales of Williams Partners LP (NYSE: WPZ) are expected to jump by 1430% in the current quarter. WPZ’s quarterly earnings grew by 74.40% year-over-year. The sales of El Paso Pipeline...
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Benzinga’s Top Pre-Market Losers (STLD, BKCC, SQQQ, TEVA)
Thursday, June 17, 2010 - 8:49am | 134Steel Dynamics Inc (NASDAQ: STLD) tumbled 2.18% to $13.90 in the pre-market session. STLD said that it may fail to meet earnings expectations for Q2 due to a fall in scrap prices. BlackRock Kelso Capital Corporation (NASDAQ: BKCC) lost 1.84% to $10.11 in the pre-market session. BKCC’s has announced...
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The Top Five Short Interest Leaders (CMC, FSYS, IRIDQ, MCOMQ, GAP)
Tuesday, June 15, 2010 - 3:22pm | 185If the market breaks out of its most recent range, shorts are likely to get squeezed. While it remains to be seen whether today’s strong, broad-based rally will hold into next week (after options expiration week, which favors a rising/supported market), if it does stocks with high short interest...
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Small Caps Missing Bounce 06-15-2010
Tuesday, June 15, 2010 - 3:13pm | 790Cusick’s Corner The market has bounced nicely into the Midday, with Finance, XLF, and Energy, XLE, sectors leading the advance in challenging the longer-term resistance represented by the 200 Simple Moving Average [SMA]. What is concerning about this rally is that we are not getting bullish...
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Momentum Building 06-14-2010
Tuesday, June 15, 2010 - 3:08pm | 692Cusick’s Corner What a difference a weekend makes. With the Euro up and the Eurozone up, the market continues a nice bullish trend into the Midday. The major market averages are challenging resistance, SPX 1100, and if we can get some momentum into the After Hours, this rally could garner some...
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Call Volume Grows on Commercial Metals Co. (CNC)
Monday, June 14, 2010 - 3:55pm | 154Shares of Commercial Metals Co. (NYSE: CMC) are lower on the session by 0.31%, currently trading at $15.86. The stock has been moving largely sideways for the past six months with the $14 level being support and the $16 level being resistance. Options traders are favoring the call side today, but...
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Collins Stewart Upgrades MT To Buy
Monday, June 14, 2010 - 6:20am | 41Analysts at Collins Stewart upgrade ArcelorMittal (NYSE: MT) from "hold" to "buy." MT’s shares soared 0.38% to close at $28.91 on Friday. More Analyst Ratings here
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Markets Live To Fight Another Day
Wednesday, June 9, 2010 - 10:00am | 398This morning the major stock indexes are all trading higher before the opening bell at the New York Stock Exchange. It is important to note that the U.S. Dollar Index is trading lower today by 0.64 to $87.74. As we know by now when the dollar is lower the Euro currency is trading higher. It is also...