Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of DryShips (NASDAQ: DRYS ) plunged as much as 13% yesterday, and hit new 52-week lows following share price weakness from its majority-owned Ocean Rig UDW (NASDAQ: ORIG ) subsidiary, further decline in dry shipping rates, and marketwide concern about the global economy.
So what: As stated in my previous article, DryShips owns approximately 78.3 million shares of Ocean Rig. When Ocean Rig goes down in market value, the stock asset value of DryShips also goes down considerably. Ocean Rig is in the drilling business, and oil prices are getting killed along with it. Cheap oil doesn't help the situation, either, because if oil gets a lot cheaper, deepwater drilling projects may become less -- or not at all -- economical for customers. Drilling companies may opt for other land-based projects.
Hot Dow Dividend Stocks For 2015: S&P GSCI(GD)
General Dynamics Corporation, an aerospace and defense company, provides business aviation; combat vehicles, weapons systems, and munitions; military and commercial shipbuilding; and communications and information technology products and services worldwide. Its Aerospace group designs, manufactures, and outfits various large and mid-cabin business-jet aircraft; provides maintenance, repair work, fixed-based operations, and aircraft management services; and performs aircraft completions for aircraft. The company?s Combat Systems group offers tracked and wheeled military vehicles, weapons systems, and munitions. Its product lines include wheeled combat and tactical vehicles; battle tanks and infantry vehicles; munitions and propellant; rockets and gun systems; and axle and drivetrain components and aftermarket parts. This group also manufactures and supplies engineered axles, suspensions, and brakes for heavy-load vehicles for military and commercial customers. The company Advisors' Opinion:
- [By Rich Smith]
The Department of Defense awarded nine separate defense contracts Monday, worth $1.6 billion in total. Among these, two contracts went to General Dynamics (NYSE: GD ) and Australian shipbuilder Austal (NASDAQOTH: AUTLY ) ,�its partner in building half the U.S. Navy's fleet of Littoral Combat Ships, or LCSes.
- [By MONEYMORNING]
Eventually, the company merged with General Dynamics Corporation (NYSE: GD) - but early investors who understood what to look for were able to make a huge profit, very quickly, by paying attention to where DOD money was being deployed.
10 Best Cheap Stocks To Invest In Right Now: Whole Foods Market Inc.(WFM)
Whole Foods Market, Inc. engages in the ownership and operation of natural and organic food supermarkets. The company offers produce, seafood, grocery, meat and poultry, bakery, prepared foods and catering, coffee and tea, nutritional supplements, and vitamins. It also provides specialty products, such as beer, wine, and cheese; body care and educational products, such as books; and floral, pet, and household products. As of February 9, 2011, the company operated 302 stores in the United States, Canada, and the United Kingdom. Whole Foods Market, Inc. was founded in 1978 and is headquartered in Austin, Texas.
Advisors' Opinion:- [By Chris Hill]
Shares of Whole Foods (NASDAQ: WFM ) hit an all-time high this week. The grocer's second-quarter profit rose 20% and same-store sales increased 7%. Whole Foods also announced a 2-for-1 stock split. Should investors take stock in Whole Foods? In this installment of Motley Fool Money, our analysts delve into the latest numbers.
- [By Lawrence Meyers]
In a market crash, however, you might get a chance to buy in. Here�� what I�� want to grab if it went on sale.
Stocks to Buy After a Crash: Whole Foods Market (WFM)Whole Foods Market (WFM) would be one of these stocks to buy.
- [By Jacob Roche]
Part of the reason behind Dollar Tree's record profits is that the company reached a record operating margin of 11.6%. Despite Dollar Tree's deep-discount business model, this margin is far higher than Safeway's, and is almost double that of even a premium-priced grocer like Whole Foods (NASDAQ: WFM ) .
- [By Rex Moore]
It seems a social media buzz is brewing in the beer industry. Our roving reporter Rex Moore visited the recent Craft Brewers Conference and spoke with some folks who should know, including the director of Whole Foods' (NASDAQ: WFM ) social media efforts.
10 Best Cheap Stocks To Invest In Right Now: Advance Auto Parts Inc(AAP)
Advance Auto Parts, Inc., through its subsidiaries, operates as a retailer of automotive aftermarket parts, accessories, batteries, and maintenance items. It operates in two segments, Advance Auto Parts (AAP) and Autopart International (AI). The AAP segment operates stores, which primarily offer auto parts, including alternators, batteries, chassis parts, clutches, engines and engine parts, radiators, starters, transmissions, and water pumps; accessories comprising floor mats, mirrors, vent shades, MP3 and cell phone accessories, and seat and steering wheel covers; chemicals consisting of antifreeze, freon, fuel additives, and car washes and waxes; and oil and other automotive petroleum products. This segment also provides battery and wiper installation, battery charging, check engine light reading, electrical system testing, video clinics and project brochures, loaner tool programs, and oil and battery recycling services; and sells its products through online. The AI segm ent operates stores that offer replacement parts for domestic and imported cars, and light trucks to customers in northeast and mid-Atlantic regions, as well as to warehouse distributors and jobbers in North America. As of January 1, 2011, the company operated 3,369 AAP stores, including 3,343 stores located in the northeastern, southeastern, and Midwestern regions of the United States under the Advance Auto Parts and Advance Discount Auto Parts trade names; 26 stores situated in Puerto Rico and the Virgin Islands under the Advance Auto Parts and Western Auto trade names; and 194 stores under the Autopart International trade name in the United States. It serves do-it-yourself, do-it-for-me, or commercial customers. The company was founded in 1929 and is based in Roanoke, Virginia.
Advisors' Opinion:- [By Ben Levisohn]
Investors really like Advance Auto Parts (AAP) deal to buy a chain of repair shops–so much so that a stock that finished yesterday in the low 80s is now trading in the mid-90s.
Agence France-Presse/Getty ImagesReuters has the details on the deal:
Advance Auto Parts Inc will buy 1,418 outlets of the Carquest chain to boost its auto repair operations to complement its car parts business, sending its shares up as much as 20 percent to a record high.
Advance Auto, which sells products such as batteries, air fresheners and engine parts, said it would buy General Parts International Inc for just over $2 billion, creating the largest North American retailer of auto parts.
General Parts is the biggest operator of the Carquest chain, which runs auto repair shops and car parts stores. General Parts also owns Worldpac, the No.1 supplier of replacement parts for imported car and truck brands.
Reuters notes that the finished product will be the largest supplier of auto parts by sales, just beating out Autozone (AZN).
Credit Suisse analyst Simeon Gutman and team call the deal a “smart strategic acquisition.” They write:
The acquisition would solve two important issues for AAP. First, it has struggled in the DIFM segment, primarily due to a weaker and less accessible distribution network. General Parts has one of the most established distribution networks in the country (~40 DCs vs. AAP’s 10) and long standing relationships with mechanics nationwide. More importantly, WORLDPAC (estimated $1 billion in sales) is the leader in foreign parts with AAP owning the number three player and we see synergies from AI flooding into WORLDPAC.
A meaningfully positive aspect of the transaction is targeted annual cost savings of roughly $160 million within three years (~6.1% of acquired sales). This seems relatively consistent with previous DIY Auto deals. The deal is expected to be 20%+ accretive to FY 14 ca
- [By Ben Levisohn]
Heading into last night’s earnings report, O’Reilly had returned 50% this year including reinvested dividends, easily besting peers Autozone (AZO), which had returned 22%, Genuine Parts (GPC), which has returned 26%, and Advance Auto Parts (AAP), which had returned 38%,� thanks in large part to a 25% gain in the last month due to its purchase of General Parts International. Clearly, investors thought O’Reilly had something going for it its competitors did not.
10 Best Cheap Stocks To Invest In Right Now: Popular Inc.(BPOP)
Popular, Inc., through its subsidiaries, provides a range of retail and commercial banking products and services primarily to corporate clients, small and middle size businesses, and retail clients in Puerto Rico and Mainland United States. It offers deposit products; commercial, consumer, and mortgage loans, as well as lease finance; and finance and advisory services. The company also offers trust and asset management, brokerage and investment banking, and insurance and reinsurance services. As of December 31, 2010, it owned and occupied approximately 94 branch premises and other facilities in Puerto Rico; and 119 offices, including 20 owned and 99 leased in New York, Illinois, New Jersey, California, Florida, and Texas. Popular, Inc. was founded in 1917 and is headquartered in San Juan, Puerto Rico.
Advisors' Opinion:- [By Maria Armental var popups = dojo.query(".socialByline .popC"); popups.forEach]
Popular Inc.(BPOP), Puerto Rico’s largest bank, said Wednesday that regulators approved its plan to repay the $935 million rescue package it received during the financial crisis. Popular was the U.S. government’s largest remaining crisis-era bailout after auto-lender Ally Financial Inc.(ALLY), which has paid back more than the $17.2 billion bailout it received during the financial crisis as a result of going public in April.
10 Best Cheap Stocks To Invest In Right Now: CVS Corporation(CVS)
CVS Caremark Corporation operates as a pharmacy services company in the United States. The company?s Pharmacy Services segment provides a range of pharmacy benefit management services, including mail order pharmacy services, specialty pharmacy services, plan design and administration, formulary management, and claims processing; and drug benefits to eligible beneficiaries under the Federal Government?s Medicare Part D program. This segment primarily serves employers, insurance companies, unions, government employee groups, managed care organizations and other sponsors of health benefit plans, and individuals. As of December 31, 2010, it operated 44 retail specialty pharmacy stores, 18 specialty mail order pharmacies, and 4 mail service pharmacies located in 25 states, Puerto Rico, and the District of Columbia. This segment operates business under the CVS Caremark Pharmacy Services, Caremark, CVS Caremark, CarePlus CVS/pharmacy, CarePlus, RxAmerica, Accordant, and TheraCom names. The company?s Retail Pharmacy segment sells prescription drugs, over-the-counter drugs, beauty products and cosmetics, seasonal merchandise, greeting cards, and convenience foods through its pharmacy retail stores and online, as well as offers film and photo finishing, and health care services. This segment operated 7,182 retail drugstores located in 41 states, Puerto Rico, and the District of Columbia; and 560 retail health care clinics in 26 states and the District of Columbia under the MinuteClinic name. It has a strategic alliance with Alere, L.L.C. for the management of disease management program offerings that cover chronic diseases, such as asthma, diabetes, congestive heart failure, and coronary artery disease. CVS Caremark Corporation was founded in 1892 and is based in Woonsocket, Rhode Island.
Advisors' Opinion:- [By John Udovich] Walgreen Company. Drug store chain Walgreen Company was praised by Faith Driven Consumer for its significant emphasis on philanthropy and service in its local communities. However, Walgreen Company was also criticized for�supporting the Chicago Foundation for Women (which teaches women and girls ��bout services, including abortion��, for partnering with the�the United Way (which indirectly gives to Planned Parenthood), for having a 100%�score from the Human Rights Campaign�� Corporate Equality Index�and for being the parent company of drugstore.com, which sells pornographic DVDs as well as other sexually explicit items. Faith Driven Consumer sees CVS Caremark Corporation (NYSE: CVS) as the more a ��aith-friendly option.��For investors though, Walgreen Company is up 55.7% since the start of the year and up 120.9% over the past five years while CVS Caremark is up 46.8% since the start of the year and up 163.3% over the past five years���meaning the�latter�has been a�better choice even for faithless�investors.
10 Best Cheap Stocks To Invest In Right Now: Freeport-McMoran Copper & Gold Inc.(FCX)
Freeport-McMoRan Copper & Gold Inc. engages in the exploration, mining, and production of mineral resources. The company primarily explores for copper, gold, molybdenum, silver, and cobalt. It holds interests in various properties, located in North and South America; the Grasberg minerals district in Indonesia; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. As of December 31, 2010, the company?s consolidated recoverable proven and probable reserves totaled 120.5 billion pounds of copper, 35.5 million ounces of gold, 3.39 billion pounds of molybdenum, 325.0 million ounces of silver, and 0.75 billion pounds of cobalt. The company was founded in 1987 and is headquartered in Phoenix, Arizona.
Advisors' Opinion:- [By Lee Jackson]
Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) is a top diversified name to buy at Merrill Lynch and may offer investors the best total return play. The company by almost all metrics is undervalued, and it continues to raise its dividend yearly. Merrill Lynch has a $37 price target, and the consensus figure is $36.50. Investors are paid a very solid 4.0% dividend.
- [By Ben Levisohn]
Barclays analyst�David Gagliano is out with a report on his dinner meeting with� Jim Flores, CEO of Freeport-McMoRan Copper & Gold’s (FCX) energy division.
- [By Selena Maranjian]
Beaten-down companies that you think are likely to recover strongly are also good candidates. Molybdenum miner Thompson Creek Metals (NYSE: TC ) , for example, sports average annual losses of 35% over the past five years, and carries substantial debt, but molybdenum's long-term outlook is promising, with price increases likely, and the company has a promising gold and copper mine on track to start producing by the end of the year. Freeport-McMoRan Copper & Gold (NYSE: FCX ) is another major molybdenum player, with considerable operations in other metals, as well -- along with new investments in oil and gas production.
10 Best Cheap Stocks To Invest In Right Now: LifePoint Hospitals Inc.(LPNT)
LifePoint Hospitals Inc., through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States. The company?s hospitals provide a range of medical and surgical services comprising general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation services, and pediatric services, as well as specialized services, such as open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery. Its hospitals also offer outpatient services, including one-day surgery, laboratory, x-ray, respiratory therapy, imaging, sports medicine, and lithotripsy. As of December 31, 2009, LifePoint Hospitals owned or leased 47 hospitals with a total of 5,552 licensed beds in 17 states. The company was founded in 1997 and is headquartered in Brentwood, Tennessee. Lifepoint Hospitals Inc. (NasdaqNM:LPNT) operates independently of HCA Inc. as of May 11, 1999.
Advisors' Opinion:- [By Keith Speights]
The fun wasn't just limited to the big three hospital operators. Lifepoint Hospitals (NASDAQ: LPNT ) stock jumped 5% on the CMS news, reflecting a $109 million market cap expansion. Likewise, Vanguard Health Systems (NYSE: VHS ) shares climbed 5%, bumping its market cap up by�$55 million.
- [By Ben Levisohn]
Yesterday afternoon, Pennsylvania announced that it would use federal dollars to pay private insurers to cover eligible Pennsylvanians. UBS analysts A.J. Rice and Jailendra Singh think Community Health Systems (CYH), Tenet Healthcare (THC) and LifePoint Hospitals (LPNT) stand to benefit the most from the deal:
No comments:
Post a Comment