Earnings season was in full bloom this week, and BloggingStocks contributors often made their choices following a company's report. With the exception of very few, the conclusion was to stay away from most stocks, which says a lot about how companies did overall. Still, there have been a select few that looked like good investment ideas even in these troubled times. So for those who can brave investing during such an earnings season, here are a few ideas from BloggingStocks contributors:
TiVo, Inc. (NASDAQ: TIVO) is a stock Peter Cohan looked at and gave five good reasons why this one could be a buy. The question is, however, whether the recent surge in the stock price already reflects these positives, or whether it still has room to grow.
Last weekend, Barron's said oil was about to make a comeback and that the top companies include ExxonMobil (NYSE: XOM), Total (NYSE: TOT) and BP (NYSE: BP). Sheldon Liber, however, questions this call.
McDonald's Corp. (NYSE: MCD) reported earnings this past week, and was one of the few stocks Jamie Dlugosch thought could make a good investment following the results. McDonald's is also one of the few companies that is actually expanding during the recession, mostly into emerging markets.
The Boeing Company (NYSE: BA) also reported earnings the past week, but the same was not said about the airplane maker. Peter Cohan, Joe Lazzaro and Jamie Dlugosch all felt this one should be avoided.
Banro (NYSE: BAA)'s calculated NAV is $15, according to Lance Lewisgiving its cash zero value. He doubts the stock would remain at $1.35 long, and indeed, already by the end of the week it jumped to $1.65. This could be just the beginning.
The J.M. Smucker Company (NYSE: SJM) was Elizabeth Harrow's 2009 pick and she reiterated it this week. "There's a lot to like about SJM," she says and adds that "The stock boasts strong price action and a solid fundamental position, and it could catch an additional boost as the bears are forced out of their losing bets during the short term."
Avon Products (NYSE: AVP) knocked on Jack Adamo's door this week (brought by Steven Halpern). He likes the CEO, says there's plenty of future growth on tap in China, India and South America, and with a 4% yield, he thinks the this is a good entry point for the stock.
Stryker (NYSE: SYK) is a bargain at 15.1x next 12-month EPS, according to Royden Ward, as he expects 16% EPS growth in the next few years. The "steady stream of new health care products for an aging population coupled with well managed cost controls will push SYK's share price substantially higher in 2009."
United States Natural Gas (NYSE: UNG) is an ETF that contains listed natural gas futures contracts in addition to forwards and swap contracts all related to the natural gas industry. Mitch Tuchman thinks buying the ETF could help you protect your heating bill.
Colgate-Palmolive (NYSE: CL) reported this past week, and given how well it did, its continued cost cutting, not to mention the generous yield, Steven Mallas doesn't "think you'd go too wrong here with Colgate-Palmolive, since it is down for the year so far."
Still, many companies were flagged as 'do not touch' by the bloggers, usually following quarterly earnings results. Here are a few of those in brief:
Closing Bell: Economic Catapult for Thanksgiving & Black Friday (WMT, TGT, GRMN, GOOG, MSFT)
Deere up on Q4 earnings performance
Reid Hoffman: LinkedIn will go public (at some point)
Reader Comments (Page 1 of 1)
1-30-2009 @ 10:55PM
Billy Lee said...
I don't understand, why the American People think there is a chance, that we are going to rebound, repair the economy, get rid of stress, have money in the bank, get back our kids we lost this past year to an adoption court, fix our broke down car, pay for our new insurance policy, have money to buy what food we need, see doctors for our health, and pay for our own Funeral??. It ain't happening brother!. The Stock Market will CRASH before the end of this coming February, I have tried telling everybody this since the month of July 2008!. Nobody wanted to believe me, well , you see it coming don't you???!!!. Wake up people, it is simple physics, if you want to get the American People to work, you better receive a stimulus plan to every American family out there, or people is just going to shut down pretty soon. People are tired of just working to pay bills. And all of you people out there, that have preyed on the poor to make you rich, your time is OVER!!! this..now!!. Tell us what you think, click the YOUR STORY page on our site, and submit what happened to you and your family this year?!!.
Thanks!!..www.artistworldentertainmentgroup.com
1-31-2009 @ 10:26PM
MyKisa said...
Yeah a fellow by the name of Chuck Harder was talking about it for many years and my wife thought I was doom and gloom to believe it.
1-31-2009 @ 11:45AM
Kerri said...
This is why you have got to start thinking about yourself. There is nothing one person can do to change an economy. I wouldn't put faith into any government. I say prepare for the worst, and hope for the best. Do what I did, and learn to trade the forex. If you don't know how, you can get a $100,000 free demo account by going to http://forex-currencyexchange.com click the link at the top left corner, if I remember correctly. It will take you to a sign up page where all you have to do is give your name and email. You can then start practicing trading. Trading with virtual money is so much fun... and addicting. The only problem is, more often than not, you will be wishing you were trading with real money. You never know, this may be something that you have a knack for, then go ahead and try your hand at it with the real stuff. I believe trading currencies is much better than gambling with the stock market these days that's for sure.
1-31-2009 @ 8:39PM
Dan Barnett said...
Right Kerri,
Just what everyone needs, the ability to lose money in the currency markets. Tell me how much did they pay you to post here?