JinkoSolar Holding Company Limited is a solar power company headquartered in Shangrao, China. It is a manufacturer of silicon wafers, solar cells, and solar modules which are used for manufacturing solar panels, the most common source of solar power. [more]
Altera Corporation manucatures several products for the telecom and industrial markets It has terrific earnings growth, with an EPS % Change of 260% from last quarter. Its estimate revisions are up and the average EPS growth for its last three quarters is 215%. Its sales % change from last quarter is 68% and its Debt/Equity ratio is an acceptable 46%. It is only about 2.1% off of its 52- week high, and has a market cap of around $9 Billion.
The 3 year EPS growth rate is only 13% and the 3 year Sales Growth Rate is 1%. Also, there is a decrease in the number of funds owning the stock. Also, according to a recent CNBC report, there has been heavy insider selling of Altera.
Once upon a time, there was a blooming sector called the for-profit education. As the unemployment rate increased, more and more people decided to go back to school because either they had nothing better to do or because they wanted to add things to their resume. Most of these people used Title IV loans which are heavily subsidized by the government. In fact, all of the defaults of the students were covered by the taxpayers, leaving no financial exposure to the for-profit colleges. Everything was going all smooth until the big bad wolf came in: the U.S. Department of Education. As defaults on loans rose, it was like WTF so it is starting to release new guidelines for Title IV loans. Now, for-profit education might have to ACTUALLY consider which types of people it will allow to enroll in its classes >.< Hearing this, Apollo Education was like HELL NO and withdrew its 2011 financial outlook. And it only dropped 23% in a single day, which screwed up pretty much the entire sector. Yay. [more]