Hurricane Sandy will provide a large supply of scrap metal for Medalico. This is the supply push that they need to continue to beat estimates. They are also positioned perfectly to pick up the scrap...their scrapyards in the northeast are within miles of the largest hit areas from the hurricane
Breaking news!!! The Floor of the New York Stock Exchange is flooded with three feet of water!! More news to come....
Lindsay Corporation is a must in your portfolio due to the length of profits they can continue to bring into your life for years to come. There are two major segments that Lindsay provides Irrigation and Infrastructure. [more]
Nordic American has the best balance sheet in the tanker industry. Tankers have been crushed due to global economic slowdown as well as a glut of ships out at sea. NAT is in the best position to take advantage of a upswing of the global economy. Also, at the end of Q1, NAT made a deal with Exxon Mobile to carry a large amount of oil for them. This keeps 20-30% of NAT's fleet constantly moving. If you are bullish on the world economic recovery, be bullish on NAT as well! [more]
If Obamacare gets crushed on Monday, the market will rally. GE will move to just under the 52 week high, if it challenges that mark the resistance will win and it will not break through. The Euro dropping 20 cents to the U.S. dollar during this quarter, means GE will come close to missing the quarter. Those who have held GE and have profits to cash in, Wednesday might be your day to realize those gains. Only hold your core position through the quarter, do not be market weight or overweight. [more]