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JimVanMeerten (67.58)

October 2010

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5 stocks to consider -- 10/29

October 30, 2010 – Comments (0) | RELATED TICKERS: EPE.DL , ALX , MORN

These are 5 stocks that came up on my Barchart New High screener:

EPE  -- Enterprise Group -- 100% Barchart technical buy signal -- 18 new highs and up 11.11% in the last month -- Relative Strength Index 85.98% and rising

ALX -- Alexander's -- 96% Barchart technical buy signal -- 18 new highs and up 19.13% in the last month --- Relative Strength Index 79.48% and rising

MORN -- Morningstar -- 64% Barchart technical buy signal -- 18 new highs and up 10.28% in the last month -- Relative Strength Index 71.72% and rising

GLRE -- Greenlight Reinsurance -- 96% Barchart technical buy signal -- 17 new highs and up 15.44% in the last month -- Relative Strength Index 75.31% and rising

VRTU - VirtUSA -- 100% Barchart technical buy signal -- 17 new highs and up 43.61% in the last month -- Relative Strength Index 92.60% and rising

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.   [more]

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Weekly Market Recap -- W/E 10/29

October 30, 2010 – Comments (0)

This week, really the last month has had so much volatility that each day it was hard to see if the market was going up or down.  Every hour, every press release seemed to start a trend in a new direction.  Let's step back and use Barchart to mine the data for our 3 standard market momentum yardsticks.  No single yardstick tells the whole story and none are correct all the time.

Value Line Index -- Contains 1700 stocks so its much broader than the narrow S&P 500 or very narrow Dow 30 -- A very slight upward trend  [more]

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Forbes interview Jim Van Meerten on Apple, Google, Cisco, Dell and Intel

October 28, 2010 – Comments (2) | RELATED TICKERS: AAPL , GOOGL

Don't Spit Into the Wind

Recently I was interviewed again by Forbes on how momentum investing works.  They asked me to use my Barchart tools and rank 5 popular tech stocks: Apple (APPL), Cisco (CSCO), Dell (DELL) Google (GOOG) and Intel (INTC).

Please read the article (link provided above) and share it with your friends.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.

Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.   [more]

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National Oilwell hit new highs

October 26, 2010 – Comments (0) | RELATED TICKERS: NOV

National-Oilwell (NOV) is a worldwide leader in the design, manufacture and sale of machinery and equipment and in the distribution of maintenance, repair and operating products used in oil and gas drilling and production. The Company's machinery and equipment include drawworks, mud pumps and power swivels, which are the major mechanical components of rigs used todrill oil and gas wells. Many of these components are designed specifically for applications in offshore, extended reach and deep land drilling.

As the world wide recovery happens all energy companies should be poised to benefit.

NOV has a 100% Barchart technical buy signal hitting 15 new highs and an increase in price of 17.60% in the last month.  The stock trades around 51.99 which is above its 50 day moving average of 43.04.  The stock has a Relative Strength Index of 74.25% and is rapidly rising.

Wall Street brokerages have 23 buy and 6 hold reports published and their brokers are pushing the expected 5 year annual EPS growth projections of 7.20% to their clients.

This is a widely held general investor stock and the CAPS members on Motley Fool are voting 3,067 to 52 that the stock will beat the market.  The more experienced All Stars agree with a vote of 1,096 to 9.  The Wall Street columnists followed by Fool have written favorable articles 14 to 1.

This energy play has:  [more]

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Carrol's Restaurants makes my mouth water

October 26, 2010 – Comments (0) | RELATED TICKERS: TAST

I added CARROLS RESTAURANT GROUP, INC., (TAST) to the Barchart Van Meerten Speculative portfolio. The company is operating through its subsidiaries, including Carrols Corporation, and is one of the largest restaurant companies in the United States. The Company operates three restaurant brands in the quick-casual and quick-service restaurant segments with over 559 company-owned and operated restaurants in 17 states, and several franchised restaurants in the United States, Puerto Rico and Ecuador. Carrols Restaurant Group owns and operates two Hispanic Brand restaurants, Pollo Tropical (91 locations) and Taco Cabana ( 156 locations) . It is also the largest Burger King franchisee, based on number of restaurants (312 locations), and has operated Burger King restaurants since 1976.

Since junior high school when the Burger King opened on Sunrise Boulevard in Lauderdale the Whopper has been my favortie fast food burger.  I can remember some of the football team having feasts there and some guys ate 5 of those things.  I'll be down in Lauderdale for a few weeks and I'll make several stops at the Pollo Tropical on Oakland Park Boulevard for some of the best wings, chicken and pork with black beans I've ever had.

The stock came up on my Barchart New High screener with 17 new highs in the last month for a 3.47% price increase.  They have a 96% Barchart technical buy rating and currently trades around 6.59 well above its 50 day moving average of 5.21.  The stock has a Relative Strength Index of 76.66% and it's rising.

Wall Street brokerages have a taste for the company with 3 buy recommendations published.  Although sales are only expected to increase by 2.10% earnings are estimated to increase by 36.10% next year and continue for a 5 year compounded annual EPS growth rate of 10.00%.

Individual investors have spotted this stock too and the CAPS members on Motley Fool think the stock will out perform the market with a vote of 73 to 9 with the All Stars in agreement 31 to 1.  Fool notes that the last 3 articles by the Wall Street journalist they follow have all been positive.

I added this stock because:  [more]

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Synchronoss has great partnerships

October 25, 2010 – Comments (0) | RELATED TICKERS: SNCR

SYNCHRONOSS TECHNOLOGIES (SNCR) was added to the Barchart Van Meerten New High portfolio.  SNCR is the premier provider of on-demand transaction management software to Tier One communications service providers. Synchronoss enables service providers to drive growth in new and existing markets while delivering an improved customer experience at lower costs. The company's flagship ActivationNow and ConvergenceNow software platforms automate, synchronize and simplify electronic service creation and management of advanced wireline, wireless and IP services across existing networks.

The company is on a roll with business partnership agreements from AT&T, Panosonic, Lenovo and Nokia.

The stock came up on my Barchart new high screener with 18 new highs in the last 20 sessions for a 17.68% price increase in the last month.  It has a 100% Barchart short term technical buy signal and trades around 20.90 which is above its 50 day moving average of 17.48.  The 14 day Relative Strength Index is 76.50% and rising.

Wall Street brokerages have double digit projections for both sales and earnings increases.  They have published 5 buy and 2 hold recommendations to their clients.  Estimates of sales increases of 27.80% this year and 24.00% next year are impressive.  The earnings projections of 15.80% this year, 31.80% next year and a 5 year compounded annual EPS growth rate of 25.00% are not to be ignored.

General investor sentiment as measured on Motley Fool is high with the CAPS members voting 429 to 26 that the stock will beat the market and the All Stars are in agreement 128 to 2.  Fool notes that the last 7 articles by Wall Street columnists have been positive.

The stock has:
1 - Recent and consistent upward price momentum  [more]

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Healthy profits at United Health Group

October 23, 2010 – Comments (0) | RELATED TICKERS: UNH

UnitedHealth Group Inc. (UNH) offers health care coverage and related services to help people achieve improved health and well-being through all stages of life. The company's products and services reflect a number of core capabilities, including medical information management, health benefit administration, care coordination, risk assessment and pricing, health benefit design and provider contracting. With these capabilities, it is able to provide comprehensive health care management services through organized health systems and insurance products.

The company is increasing EPS by effective cost ccontainment and share repurchase plans.  These gains are being impacted by the high unemployment rates but this is being offset by the enrollment of the aging Baby Boomers who are becoming a larger share of the health care industry's customers.

The price keeps inching up and hit 7 new highs in the last month with a price increase of 4.43%.  The stock has a 100% Barchart technical buy signal and traded recently at 37.26 which is above its 50 day moving average of 34.12.  The stock has a Relative Strength Index of 66.40%.

Wall Street brokerage analysts have 15 buy and 7 hold recommendations published.  They expect sales to increase 7.30% this year and 6.16% next year.  Earning per share are estimated to be up 19.40% this year and continue an upward trend for a 5 year annual EPS growth rate of 9.60%.

There is a very wide and positive general investor following of this stock on Motley Fool with the CAPS members voting 3,307 to 160 that the stock will beat the market.  The All Stars also have a positive vote of 1,075 to 25.  Fool notes that Wall Street columnists have written positive articles 25 to 2.

This stock has :  [more]

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Weekly Market Recap -- W/E 10/22

October 23, 2010 – Comments (0)

Well it's the weekend again and time to step back from all the chatter, look at the data not the headlines and figure out just where we stand.  I'll use Barchart to mine for my data and my 3 standard yard sticks.  Each measures the market momentum in a different way and I use 3 because no yardstick is correct all the time.

Value Line Index -- Contains 1700 stocks so it is much broader than the S&P 500 or very narrow Dow 30 -- Although weak it was not out  [more]

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Give USB a look

October 22, 2010 – Comments (0) | RELATED TICKERS: USB

This is a bank that is starting to get some respect.  U.S. Bancorp (USB) is a financial services holding company. They operate full-service branch offices and ATMs, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions. U.S. Bancorp is the parent company of Firstar Bank and U.S. Bank.

This is an S&P 100 company with a 100% Barchart short term technical buy signal.  The stock hit 9 new highs in the last month with a 5.02% increase in price,  It recently traded at 23.60 which is above its 50 day moving average of 22.27.  The 14 day Relative Strength Index is 63.69% and rising.

Wall Street brokerage analysts look for an 8.50% increase in revenue next year.  The earning projections are attractive with a 357.50% increase expected for this year, a 16.00% increase next year and a 5 year compounded EPS growth rate of 12.00%.

Investors are high on it too with the CAPS members on Motley Fool voting 1,832 to 137 that the stock will beat the market with the All Stars voting 565 to 25.

If you want a large SP 100 bank consider:  [more]

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PFSWeb -- Small and undiscovered

October 22, 2010 – Comments (0) | RELATED TICKERS: PFSW

I added PFSWeb, Inc ( PFSW) to the Barchart Van Meerten Specualtive portfolio.  PFSWeb Inc. is an international provider of transaction management services for both traditional commerce and electronic commerce, or e-commerce, companies. The company provides a broad range of services, including order management, customer care services, billing services, information management and fulfillment and distribution services. The fulfillment and distribution services are conducted at the warehouses and include picking, packing and shipping the clients' customer orders.

The stock is presently followed by a very small number of brokerage analysts but they have buy recommendations based on estimated sales increases of 7.90% next year.  The big story is in the earnings projections of a 40.90% EPS increase next year,

The stock came on my radar when I found it on the under $10 new high list on Barchart.  The stock hit 16 new highs in the last 20 sessions and was up 24.92% last month.  The security has a 96% Barchart overall buy signal and recently traded at 3.91 which is above its 50 day moving average of 3.22.  The stock has a 66.99% Relative Strength Index that is rising.

This is a speculative low priced issue that although followed by some Wall Street analysts has not been discovered by the general investing public.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.



Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.   [more]

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Hanger Ortho is a runaway stock

October 22, 2010 – Comments (0) | RELATED TICKERS: HGR

I have added Hanger Orthopedics (HGR) to the Barchart Van Meerten New High portolio. The company develops, acquires and operates orthotic and prosthetic patient-care centers. The Orthotics & Prosthetics centers are staffed by orthotists and prosthetists, who design, fabricate, fit and supervise the use of external musculoskeletal support devices and artificial limbs. The company also manufacture custom-made and prefabricated Orthotics & Prosthetics devices and are the country's largest distributor of Orthotics & Prosthetics components and finished Orthotics & Prosthetics patient-care products.

The stock is moving so fast that it may be too late for you to get on board.  The price hit 20 new highs in the last 20 sessions for a 40.88% increase in price in the last month alone.  The stock is trading above its 20, 50 and 100 day moving averages and recently traded at 19.86 well above it's 50 day moving average of 14.95.  The stock has a 100% Barchart short term buy signal and has a Relative Strength Index of 89.79% and is still rising.

Although this company is small it has a Wall Street brokerage following with 6 buy recommendations published for their clients.  The analysts predict an increase in sales of 7.10% this year and 7.00% next year.  Earnings estimates are double digit increases of 12.20% this year, 12.40% next year and a 5 year annual compounded rate of 13.33%.  Double digit growth in earning is what I like to see.

The CAPS members on Motley Fool have voted that the stock will beat the market by 104 to 7 with the All Stars in agreement 25 to 3.  Fool notes that all 7 articles about the stock have been positive.

It may be late to get on board but the stock has:  [more]

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Scudder Muni Income Trust - KTF - deleted

October 20, 2010 – Comments (0) | RELATED TICKERS: KTF

I am deleting the Scudder Muni Inc Trust (KTF) from the Barchart Van Meerten Speculative portfolio for negative price trends:  [more]

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Aegon NV AEH - deleted

October 20, 2010 – Comments (0) | RELATED TICKERS: AEH

I have deleted Ageogn NV (AEH) from the Barchart Van Meerten New High portfolio for negative price trends:  [more]

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Do Not Panic

October 19, 2010 – Comments (1)

Quick note:  Do not panic.  The sky is not falling.  Last earnings season 85% of all earnings consensus were wrong.  Those companies that report good sales and earnings but miss consensus will drop temporarily.

Have faith and believe in the Barchart Opinions and Trend Spotter (tm)

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com





Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.   [more]

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Microsoft -- Just too big to ignore

October 18, 2010 – Comments (1) | RELATED TICKERS: MSFT

Microsoft (MSFT) has made a lot of people a lot of money but can new investors make money owning it in the future?

Microsoft develops, manufactures, licenses, and supports a wide range of software products for a multitude of computing devices. Microsoft software includes scalable operating systems for servers, personal computers, and intelligent devices; server applications for client/server environments; knowledge worker productivity applications; and software development tools. The Company's online efforts include the MSN network of Internet products and services and alliances with companies involved with broadband access and various forms of digital interactivity.

There is no doubt that two of the biggest selling software products in the world will continue to be Windows 7 and Office 2010.  MSFT continues to spend in R&D so you can always expect new products in the future.

At the present time the stock is on the move and Barchart rates it a 100% short term buy.  The stock trades above its 20, 50 and 100 day moving averages and presently trades around 25.54 which is above its 50 day moving average of 24.56.  The stock moved up 2.38% last month and has a Relative Strength Index that is 67.33% and rising.

Wall Street brokerages are pumping this stock to their clients with 30 buy and 8 hold reports published.  They estimate sales will increase by 8.40% this year and 7.20% next year.  Earnings forecasts are double digit with an expected increase of 11.90% this year 11.10% next year and a 5 year compounded annual EPS growth rate of 10.72%.

If the following on Motley Fool is any indications this must be a core holding in every average investors' portfolio.  The CAPS members vote 12,341 to 1,903 that the stock will beat the market and the All Stars agree 2,927 to 189.  Fool notes that the recent articles about the company have been positive 49 to 1.

The stock has everything to like:  [more]

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Weekly Market Recap -- W/E 10/15

October 15, 2010 – Comments (0)

That time again after the market's Friday close to use Barchart to find the data for our 3 yard sticks.  3 are necessary because none of them work all of the time and each measures the market momentum in a slightly different way.

Value Line Index -- Contains 1700 stocks so its much broader than the narrow S&P 500 or very narrow Dow 30 -- Trend still upward  [more]

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Broadridge is a sell

October 15, 2010 – Comments (0) | RELATED TICKERS: BR

I have deleted Broadridge Financial Solutions (BR) from the Barchart Van Meerten New High portfolio for negative price movement.
   [more]

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Pfizer - An S&P 100 stock on the move

October 14, 2010 – Comments (0) | RELATED TICKERS: PFE

Pfizer (PFE) is my S&P 100 pick of the day.  PFE is a research-based, global pharmaceutical company that discovers and develops innovative, value-added products that improve the quality of life of people around the world and help them enjoy longer, healthier, and more productive lives. Pfizer has three business segments: health care, animal health and consumer health care. Its products are available in numerous countries.

You can't turn on TV without seeing Viagra and Lipitor commercials, two of their most recognized brands.  Although the patent for Lipitor runs out next year, the acquisition of Wyeth has brought in Enbrel and Zosyn to take it's place so the sales and earnings streams seem assured.  The 4.50% dividend isn't so bad either.

Right now the stock has upward price momentum and hit 9 new highs in the last 20 session for a 3.57% price increase,  Barchart has a 100% technical buy signal and the stock trades around 17.71 which is above it's 50 day moving average of 16.72.  The Relative Strength Index is 64.10% and rising.

Wall Street brokerages like this stock and have 17 buy and 6 hold reports published.  When you look at their reports it seems strange because although they expect sales to increase this year by 35.80% they are not forecasting great earnings forecasts.  They estimate an EPS increase of only 3.20% next year and a 5 year EPS annual growth rate of only 1.40%.  A closer look at the reports show that this stock normally has a P/E ratio of 15 to 16 but at today's price is trading around a 14 P/E ratio.  If normal ratios are achieved that could be a gain of 10 to 15%.

The general public is very high on the drug stocks and the CAPS members on Motley Fool vote 5,447 to 584 that the stock will beat the market with the All Stars voting 1,500 to 86 for the same result.  Wall Street columnists have written positive articles 31 to 2.

Points to consider:
1 - The 100% Barchart technical buy signal coupled with the 64.10% and rising  [more]

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Samll Cap Tech Play

October 14, 2010 – Comments (0) | RELATED TICKERS: NTWK

NetSol Technologies (NTWK) was added to the Barchart Van Meerten Speculative portfolio.  They are a multinational provider of enterprise software and IT services to the financial services industry. NTWK helps clients to identify, evaluate and implement technology solutions to meet their strategic business challenges and maximize their bottom line. By utilizing its worldwide resources, NetSol delivers high-quality, cost-effective equipment and vehicle finance portfolio management solutions. The Company also delivers managed IT services ranging from consulting and application development to systems integration and development outsourcing. NetSol's commitment to quality is demonstrated by its achievement of both ISO 9001 and SEI (Software Engineering Institute) CMMi (Capability Maturity Model) Level 5 assessment, a distinction shared by only 94 companies worldwide. The Company's clients include global automakers, financial institutions, technology companies and governmental agencies.

This is a very speculative play and has a 96% Barchart overall technical buy signal along with 16 new highs in the last 20 sessions.  The stock had a 78.85% run up last month alone and trades around 1.87 well above its 50 day moving average of 1.16.  The stock has a Relative strength Index of 77.53%.

At the present time only one brokerage firm is following the stock and has a buy recommendation based on an estimate that the earnings per share will grow 20.00% annually for the next 5 years.

Even without broad coverage the stock is expected to out perform the market by the Motley Fool CAPS members vote of 92 to 8 and the All Star vote of 31 to 3.

This is a highly volatile and thinly traded issue so it should be watched closely.

Jim Van Meerten is an advisor to Marketocracy Capital Management who uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or email JimVanMeerten@gmail.com.




Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.   [more]

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Capital appreciation plus a 6.5% dividend

October 14, 2010 – Comments (0) | RELATED TICKERS: OKS

This morning I added Oneok Partners LP (OKS) to the Barchart Van Meerten New High portfolio.  The stock a general partnership that owns an interstate pipeline system that transports natural gas from the Montana-Saskatchewan border to natural gas markets in the midwestern United States. This pipeline system connects with multiple pipelines that provide shippers with access to the various natural gas markets served by those pipelines.  This an almost total US play and should not be subject to political Instability or trade tariffs.

The issue rates a 96% Barchart overall buy signal and hit 14 new highs in the last 20 sessions.  The stock has increased by 9.49% last month and trades around 77.81 which is above its 50 day moving average of 71.86.  It's not often you find this kind of capital appreciation, a 74.19% Relative Strength Index and a 6.50% dividend while you wait.

The stock is popular with Wall Street brokerage firms who have issued 6 buy and 6 hold recommendations.  They look for a 32.10% increase in sales this year and an increase in earnings per share of 16.50% next year.

The stock has a good following on Motley Fool with the CAPS members voting 564 to 11 that the stock will beat the market and the All Stars agree with a vote of 249 to 6.

The stock has several points to consider:
1 - A pure US energy play on natural gas  [more]

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ETF Pick of the day - 10/13 - Ultra Silver - AGQ

October 13, 2010 – Comments (0) | RELATED TICKERS: AGQ

ProShares Ultra Silver (AGQ) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the daily performance of silver bullion as measured by the U.S. Dollar fixing price for delivery in London.

Points to consider:
1 - 96% Barchart overall buy signal  [more]

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Bemis - BMS New highs -- 10/13

October 13, 2010 – Comments (0) | RELATED TICKERS: BMS

Bemis Company, Inc. (BMS) a principal manufacturer of flexible packaging products and pressure sensitive materials selling to customers throughout the United States, Canada, and Europe with a growing presence in Asia Pacific, South America, and Mexico. The primary market for its products is the food industry. Other markets include companies in chemical, agribusiness, medical, pharmaceutical, sanitary products, graphic industries, and other consumer goods.  [more]

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Phillip Morris - PM - S&P 100 pick of the day 10/13

October 13, 2010 – Comments (0) | RELATED TICKERS: PM

Philip Morris International  (PM) is the leading international tobacco company, with products sold in over 160 countries. They own 7 of the top 15 brands in the world and have a strong mix of international and local products that seek to appeal to a wide array of adult smokers.

Points to consider:
1 - 100% Barchart short term buy signal  [more]

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NASDAQ Pick of the day - 10/13 - Seagate Technologies - STX

October 13, 2010 – Comments (0) | RELATED TICKERS: STX

Seagate Technology (STX) is the worldwide leader in the design, manufacture and marketing of hard disc drives, providing products for a wide-range of applications, including Enterprise, Desktop, Mobile Computing, Consumer Electronics and Branded Solutions. Seagate's business model leverages technology leadership and world-class manufacturing to deliver industry-leading innovation and quality to its global customers, and to be the low cost producer in all markets in which it participates. The company is committed to providing award- winning products, customer support and reliability to meet the world's growing demand for information storage.

Points to consider:
100% Barchart short tern buy signal 9 new highs in the last 20 sessions 16.84% price increase last month Relative Strength Index 63.35%   [more]

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Target has a bullseye for double digit EPS grwoth

October 11, 2010 – Comments (0) | RELATED TICKERS: TGT

Target (TGT) is my S&P 100 pick of the day.  TGT operates large-format general merchandise and food discount stores in the United States, which include Target and SuperTarget stores. They offer both everyday essentials and fashionable, differentiated merchandise at exceptional prices. Their ability to deliver a shopping experience that is preferred by their guests is supported by their strong supply chain and technology infrastructure. They operate as a single business segment. Their credit card operations represent an integral component of their core retail business. They also operate a fully integrated online business, Target.com. Although Target.com is small relative to their overall size, its sales are growing at a much more rapid pace than their in-store sales, and it provides important benefits to their stores and credit card operations.

The company wide retro-fit to include groceries at all location is well underway.  A stock buy back plan should also increase shareholder value.  Although sames store sales are up only 2.80% and this years sales are only expected to be up 3.70% and next year only by 4.70% ,the real story is in earning projections.  Wall Street analysts estimate earnings per share growth of 17.90% this year, 13.10% next year and continue annually at a rate of 12.90% for the next 5 years.

The technical indicators on Barchart have noticed the stocks price momentum with a 100% technical buy signal.  The stock has been up in all 5 of the last sessions and traded at 54.85 which is above its 50 day moving average of 52.82.  The Relative Strength Index is 51.88% and rising.

The stock is as popular with investors as it is with shoppers and the CAPS members on Motley Fool vote 2,129 to 224 that the stock will beat the market with the All Stars in agreement by a vote of 626 to 50.  Fool notes that Wall Street columnists have been writing positive articles 21 to 1.

If you need a large retailer for your core holdings consider that Target:
1 - Is a Wall Street darling with brokerages publishing 19 buy and 5 hold recommendations for their customers based on a 5 year projection of double digit earnings increases  [more]

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Take a gamble on Wynn

October 11, 2010 – Comments (0) | RELATED TICKERS: WYNN

Wynn Resorts Limited (WYNN) and its wholly-owned subsidiaries Wynn Las Vegas and Wynn Capital will own and operate Le Reve, which they've designed to be the preeminent luxury hotel and destination casino resort in Las Vegas. Le Reve will be situated at the site of the former Desert Inn & Casino on the Las Vegas Strip in Las Vegas, Nevada. 

It would be a major mistake to only think of Wynn as a Las Vegas property and a main target of Prez Obama's Nevada hit list.  Fully 60% of their revenue comes from their properties in Macau and the newly rich and super rich of the Asian realm are flocking there in major numbers.  The revenue at the Macau property doubled year over year and seemed to have double digit month over month growth rates projected.

Asia is recovering faster than the rest of the world and Macau is prospering.

Wall Street looks for revenue to be up 29.00% this year and 7.20% next year.  Since the real growth is not in hotel and food sales but gambling these increases fall to the bottom line.  Analysts expect EPS growth of 515.40% this year, 33.10% next year and 24.48% annually for the next 5 years.

Barchart has a 100% technical buy signal with the stock trading around 97.17 well above its 50 day moving average of 88.60.  The stock was up 8.57% last month and has a rising Relative Strength Index of 63.99%.

The general investor is starting to find this stock and the CAPS members on Motley Fool vote 759 to 342 that the stock will out perform the market.  The All Stars have a similar vote of 202 to 103. Out of the last 16 articles about the company only one has been negative but since that was written by Citi all the way back in 2008 I think it should be discounted.

The stock has promise if:
1 - You are looking for a China play in the luxury services to the newly rich in China  [more]

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Xerox business plan had to duplicate

October 11, 2010 – Comments (0) | RELATED TICKERS: XRX

S&P 100 stock Xerox Corporation (XRX) is The Document Company and a leader in the global document market, providing document solutions that enhance business productivity. The Company has expertise in the production and management of documents: color and black-and-white, digital and paper, across networks or on a desktop, in a commercial print facility or a quick-print shop, for the small office or the global enterprise.

Contributions for the ACS acquisition and the R&D activity from the Fuji-Xerox division position this stock to take care of synergies both presently and in the future.  There is great promise in the development of the
 i Gen 4 high speed publishing capabilities.

Wall Street has 6 buy and 4 hold recommendations published for their brokers to push to clients.  The buys are based on estimated sales increase of 42.30% this year and 6.10% next year. Increases in earnings are projected to be 53.30% this year and 16.60% next year.

Investors have noticed these recommendations and the stock had 14 new highs in the last 20 session for a 22.09% increase last month.  Barchart has a 100% technical buy signal and the stock trades around 11.08 well above its 50 day moving average of 9.62.  The stocks upward momentum gives it a rising 62.21% 14 day Relative Strength Index.

The general investors are positive on this issue with the CAPS members on Motley Fool voting 385 to 66 that the stock will beat the market with the All Stars in agreement 108 to 14.  Fool notes that all of the last 12 Wall Street columnists articles have been positive.

The issue looks good with:
1 - 100% Barchart buy signal  [more]

Recs

2

J C Penney is on the move

October 11, 2010 – Comments (0) | RELATED TICKERS: JCP

I added J C Penney (JCP) to the Barchart Van Meerten New High portfolio.  JCP is one of America's leading retailers, operating department stores throughout the United States and Puerto Rico, as well as one of the largest apparel and home furnishing sites on the Internet, jcp.com, and the nation's largest general merchandise catalog business. Through these integrated channels, JCPenney offers a wide array of national, private and exclusive brands.

We I was a kid my family was a Sear Roebuck family.  I always loved thumbing through the catalogue and learning the difference between the Good, Better and Best on all the products.  My Dad was in construction and always bought Craftsman tools and my grandfather and I used J C Higgins sports equipment unless I had extra money and then I'd upgrade to Ted Williams.  My school clothes were King's Row.  Every Friday night we'd go to Sear's Town on Sunrise and Federal Highway in Lauderdale and get candy from the kiosk under the escalator.  I thought Sears was the greatest store in the world, especially the Christmas toy catalogue.

That all changed one Sunday when Mr. Penney started wintering in Lauderdale and began attending First Lutheran.  Pastor Anderson would always introduce Mr Penney and he awlays had a dark 3 piece suit with a watch and chain in his vest pockets.  That was the day I became a Stafford man.  My first 3 piece suit was a Stafford and I still buy the label because of the reports I'd read in Consumer Reports about the quality of that clothing line.

Enough of memory lane. Why buy Jacque Pennee as people like to call it now?

Well this retailer has weathered the storm by cutting back on their store expansion plans and paying attention to costs and the bottom line.  Sames store sales are modestly up and profits are falling to the bottom of the earnings statement again.

Wall Street analysts predict small increases in sales of 1.40% this year and 2.40% next year but earnings are the real story. They predict increases in earnings of 32.70% this year, 26.80% next year and 12.29% annually for the next 5 years.  They have 7 buy and 8 hold reports issued to their clients.

Price momentum has been very robust with the stock shooting up 58.87% last month and Barchart issuing an 88% buy signal.  The stock recently traded at 32.48 well above its 50 day moving average of 23.29.  The stock hit new highs in 19 of the last 20 trading sessions and has a Relative Strength Index of 89.99% and rising.

General investor sentiment is solid with the CAPS members on Motley Fool voting 523 to 161 that the stock will beat the market.  The All Stars agree 158 to 37.

The stock looks good for the following reasons:
1 - Barchart 88% technical buy signal  [more]

Recs

3

Weekly Market Recap -- W/E 10/8

October 09, 2010 – Comments (0)

Time for that weekly reality check where we let our 3 yard sticks tell us what really happened.  I'll always use 3 because no single yard stick is right all the time.  Each measures the momentum of the market but each in a slightly different way.  The data is provided by Barchart.

Value Line Index -- Contains 1700 stocks so its broader than the S&P 500 or the very narrow Dow 30 -- Upward trend this week
1 - 96% Barcahrt technical buy signal  [more]

Recs

2

Gold, Silver or Copper? How about all 3?

October 06, 2010 – Comments (0) | RELATED TICKERS: FCX

When you can't decide which commodity to buy, why not buy all 3 in one company?  Freeport-McMoRan (FCX) is engaged in mineral exploration and development, mining and milling of copper, gold, and silver in Indonesia, and the smelting and refining of copper concentrates in Spain and Indonesia. They are the world's lowest-cost copper producer and one of the world's largest producers of copper and gold. FCX's operations are conducted through its subsidiaries, P.T. Freeport Indonesia (PT-FI), P.T. IRJA Eastern Minerals Corporation (Eastern Mining) and through Atlantic Copper, S.A. (Atlantic).

Wall Street has some great projections for this company.  They estimate sales will be up 17.40% this year and 6.50% next year.  Earnings are expected to be robust with an increase of 28.00% this year, 15.50% next year and continue at an annual rate of 10.60% for the next 5 years.  Those projections have caused them to issue 13 buy, 7 hold and no negative recommendation to their clients.

The soaring prices of gold, silver and cooper have taken the company's stock along with it.  The stock has a 100% Barchart technical buy signal and is up 18.59% in the last month alone.  The company recently traded at 93.40, far above its 50 day moving average of 77.41.  This stock hit 12 new highs in the last 20 sessions and has a 14 day Relative Strength Index that is 90.97%.

The great press has brought wide attention to this ssecurity and the CAPS members on Motley Fool think it will beat the market with a vote of 5,291 to 199 with the All Stars in agreement with their vote of 1,640 to 27.  Fool notes that Wall Street columnists have written positive articles 19 to 0,

Points to consider:
1 - The company is in all 3 of the commodities that are on the move  [more]

Recs

1

Has Pepsi lost its fizz?

October 05, 2010 – Comments (0) | RELATED TICKERS: PEP

PepsiCo, Inc. (PEP) consists of widely know brands like Frito-Lay, Pepsi-Cola, Tropicana, Quaker Oats and Gatoraide.  I can find all of their brands in my pantry and you probably can in your's too. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo's success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.

They have been acquiring back some of their largest bottlers and hope to see $400 million drop to the bottom line through integrated costs savings.  That, plus a 10% growth rate in the Frito-Lay division makes for a nice future.  They are not ignoring the tremendous growth opportunities in China and India and are jumping into those markets with both feet.

Wall Street brokerages think sales will grow 32.60% this year and 7.50% next year.  Their earnings per share estimates are an increase of 12.10% this year, 11.30% next year and an annual EPS growth rate of 8.87% for at least the next 5 years.  These projections are the reason they have 13 buy and 2 hold recommendations published for their brokers to push as a core holding.

Recent price momentum has been good with 11 new highs in the last 20 sessions for a 3.22% increase in price last month.  Barchart's technical indicators have 13 out of 13 signalling a buy.  The stock recently traded around 67.68 well above it's 50 day moving average of 65.70.  The 14 day Relative Strength Index is presently 65.21% and rising.

The recent price increase plus the Wall Street recommendations may be the reason this stock has such a wide and positive investor following.  On Motley Fool the CAPS members vote 3,929 to 127 that the stock will beat the market with the All Stars voting 1,192 to 18 for the same thing.  Fool notes that articles about the stock are positive 21 to 1.

This stock has it all:
1 - World wide brand name recognition  [more]

Recs

2

Can Sprint finish?

October 04, 2010 – Comments (0) | RELATED TICKERS: S

Sprint Nextel (S) offers a comprehensive range of wireless and wire line communications services to consumer, business and government customers. Sprint is widely recognized for developing, engineering and deploying innovative technologies, including two robust wireless networks offering industry leading mobile data services; instant national and international push-to-talk capabilities; and an award-winning and global Tier 1 Internet backbone.

The competition in this sector is extremely intense and although Sprint isn't growing much in market share they are doing a good job in retaining the customers they have.  This higher retention rate has allowed them to spend less on marketing and control administrative costs.

Wall Street brokerages look for this cost containment to fall to the bottom line and looks of a 5.90% increase in earnings per share next year.  They have 4 strong buy, 10 buy and 13 hold recommendations distributed to their clients.

A good sign is the falling short interests.  Part of that is due to general market conditions over all but part is due to positive articles about the stock.  Since 5/28 short interests have fallen from a high of 102 million to only 31 million in the 9/15 reporting period.

Barchart has a 100% technical buy signal and the stock hit 11 new highs in the last 20 session.  The price was up 14.01% last month alone and the 14 day Relative Strength Index is a high 95.24%

The general investing public as measured on Motley Fool is high and positive with the CAPS members voting 1,656 to 419 that the stock will beat the market and the All Stars are in agreement by a vote of 386 to 89.  Fool notes that articles on the stock have been positive 19 to 2.

If you're looking for a core holding consider:  [more]

Recs

1

Weekly Market Recap

October 02, 2010 – Comments (0)

I've got to swear off reading all the financial news and following all the talking heads on CNBC, Bloomberg and Fox Business news.  By the end of the week I'm so confused about what happened and why, that my head is just spinning.  Each weekend I use Barchart to mine the data that tells me what happened and how I should plan my next week.  I use 3 different yard sticks that each measure the market's momentum but each does it in a slightly different way.  I feel good when all 3 point in the same direction as they do this week.  Let's take a look.

Value Line Index -- Contains 1700 stocks so its broader than the S&P 500 or the very narrow Dow 30 -- Looks good this week  [more]

Recs

1

Oil services are hot

October 01, 2010 – Comments (0) | RELATED TICKERS: SLB

Schlumberger Limited (SLB)  is a global technology services company consisting of two business segments, Schlumberger Oilfield Services and Schlumberger Sema. Schlumberger Oilfield Services is the leading provider of exploration and production services, solutions and technology to the international petroleum industry. Schlumberger Sema is a leading information technology services company providing a unique combination of domain expertise and global capabilities delivered on a local basis.

One of the nice things about an oil services company is that they are less effected by oil prices or oil profits.  The lead time for their projects are longer and micro events have less impact on them.

This company, though hurt by the Gulf slowdown has major operations in Russia and on land US plus major growth markets in Brasil and Iraq.  They are the world wide leader in their sector.

The recent price momentum cannot be ignored and the covering of short interest is a very good sign.  On 8/13 short interest was over 58 million shares and in the recent 9/15 reporting period had dropped to only 17 million shares.  The stock has gone higher in 10 of the recent 20 trading session including an increase of 13.21% in the last month.  Barchart has a 100% overall technical buy signal and the stock traded recently around 61.61 which is above its 50 day moving average.  The stock is consistently trading above its 20, 50 and 100 day moving averages and has a 14 day Relative Strength Index of 91.37%.

Wall Street brokerages consider SLB as a core holding and have 11 strong buy, 20 buy, 4 hold and no negative reports published.  They look for double digit increases in sales and earnings.  A sales increase this year of 17.80% and next year of 37.30% is predicted.  Earnings are expected to increase 35.00% this year and continue at an annual rate of 15.97% for at least 5 years.

The general investor sentiment as measured on Motley Fool is wide and positive.  The CAPS members vote 2.699 to 75 that the stock will beat the market with the All Stars voting 724 to 15 for the same price direction.  Wall Street columnists have been positive in their articles 24 to 1.

I like this stock because:
1 - Short interests have recently declined  [more]

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