Posted Jun 11th 2009 4:10PM by Jon Ogg
Filed under: Pfizer (PFE), Bank of America (BAC), QUALCOMM Inc (QCOM), E*TRADE (ETFC)

Today marked intra-day 2009 for the S&P 500 and NASDAQ, although these might not have closed on the highs for the year. Also that won't be known until the formal 4:30-ish closing reset adjustment. This came on the heels of slightly
less-bad jobs data and on some
confusing retail gains. Unlike earlier Treasury auctions, today's 30-year Treasury Bond auction was a help to the markets as yields reached a high enough level that investors jumped in. Here are today's unofficial closing bell levels:
Dow 8,770.92 +31.90 (0.37%)
S&P 500 944.88 +5.73 (0.61%)
Nasdaq 1,862.37 +9.29 (0.50%)
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: When 2009 highs are under-covered (BAC, ETFC, MYL, PFE, QCOM, STAA)
Posted Jun 9th 2009 8:00AM by Steven Mallas
Filed under: Forecasts, Intel (INTC), Advanced Micro Dev (AMD), QUALCOMM Inc (QCOM), Texas Instruments (TXN), Technology
Texas Instruments (NYSE: TXN), whose colleagues include Qualcomm (NASDAQ: QCOM), Advanced Micro Devices (NYSE: AMD), and Intel (NASDAQ: INTC), gave shareholders quite a boost in morale on Monday. The chip company issued a nice outlook for the bottom line.
Here are the stats. Net sales in Q2 should come in between $2.3 billion and $2.5 billion versus the old guidance of between $1.95 billion and $2.4 billion. The bottom line should come in between 14 cents per share and 22 cents per share, versus previous estimates of between 1 cent per share and 15 cents per share.
Continue reading Texas Instruments issues optimistic new guidance
Posted May 29th 2009 11:20AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Morgan Stanley (MS), News Corp'B' (NWS), QUALCOMM Inc (QCOM), Burger King Hldgs (BKC), Analyst initiations, Level 3 Communications (LVLT)
Analyst upgrades:
- Keefe Bruyette upgraded Morgan Stanley (NYSE: MS) to Outperform from market Perform after transferring coverage to a new analyst. The firm expects Morgan to benefit from the pending joint venture with Smith Barney and improvements in its operating environment.
- FBR Capital upgraded Winn-Dixie (NASDAQ: WINN) to Outperform from Market Perform as it believes the company is executing well and shares are cheap at current levels. The firm keeps a $16.50 target on the stock.
- Baird believes Polaris's (NYSE: PII) consensus expectations and valuation are too low and that the company will expand beyond powersports. The firm upgraded shares to Outperform from Neutral and raised their target to $37 from $32.
- J. Crew (NYSE: JCG) was upgraded to Neutral from Sell at Goldman.
- Lexmark (NYSE: LXK) was upgraded to Equal Weight from Underweight at Barclays.
- Global Hunter upgraded Big Lots (NYSE: BIG) to Buy from Neutral.
Continue reading Analyst upgrades, downgrades and initiations: MS, JCG, BKC, LVLT, NWS ...
Posted May 29th 2009 10:00AM by Jim Cramer
Filed under: Microsoft (MSFT), Apple Inc (AAPL), Intel (INTC), Market matters, JPMorgan Chase (JPM), Bank of America (BAC), Research in Motion (RIMM), Oracle Corp (ORCL), QUALCOMM Inc (QCOM), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says markets are up big worldwide, and hedge funds will be scrambling to keep up. Let's say you're a hedge fund manager. You check your screens in the morning. You look around the world. And you know what you see? Green arrows everywhere. Markets up huge: Canada up 27%, Mexico up 16%, Brazil up 62%, Hong Kong up 26%, U.K. up 10%, China up 59% and just about every Asia market up gigantically.
Oh, and the Nasdaq up 11%.
Double digits everywhere.
And you realize, "Oh boy, am I behind."
Continue reading Cramer on BloggingStocks: Get ready for some buying panic
Posted May 27th 2009 10:00AM by Jim Cramer
Filed under: Google (GOOG), Apple Inc (AAPL), General Motors (GM), Market matters, Citigroup Inc. (C), Research in Motion (RIMM), NIKE, Inc'B' (NKE), QUALCOMM Inc (QCOM), BHP Billiton Ltd ADR (BHP), Freep't McMoRan Copper (FCX), Wells Fargo (WFC), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says you may hear reasons why the rally shouldn't have occurred, but you can't deny it did happen. On Tuesday I wanted to shoot myself, as always when I woke up and went online to see what was going on. Here's a partial list of the beautiful data points that were in my purview in the first hour of looking over the market:
1. A trenchant note from a major strategist at a bank I trust who is talking about why the market must be avoided because private-equity valuations are collapsing, so what's the point of owning equities.
Continue reading Cramer on BloggingStocks: Believe it, there's money to be made
Posted May 21st 2009 4:00PM by Jon Ogg
Filed under: Regions Financial (RF), QUALCOMM Inc (QCOM), Suntech Power Hldgs ADS (STP)

Today was a day marked by selling, partly on economic news and partly on a call from S&P. S&P put the credit bias of the United Kingdom
at "negative" from "stable" giving the notion that the nation's Triple-A ranking is possibly at risk to be cut. Then came the
implications from Bill Gross and others that the U.S. could ultimately see the same fate. To show how bad the trend and bias was, long-dated Treasuries saw their yields rise as much as 15 basis points today.
A slightly
less-bad jobs report failed to catch any attention today. In short, if you are a market bear you are getting more feathers in your cap now that earnings are basically finished. Here are today's unofficial closing bell levels:
Dow 8,291.82 -130.22 (-1.55%)
S&P 500 888.23 -15.24 (-1.69%)
Nasdaq 1,695.25 -32.59 (-1.89%)
Top Analyst CallsContinue reading Closing Bell: Bears getting braver (OPEN, LDK, STP, QCOM, RF, PETM)
Posted May 8th 2009 10:30AM by Steven Halpern
Filed under: QUALCOMM Inc (QCOM), PetroChina Co Ltd ADR (PTR), China Life Insurance ADS (LFC), China Mobile Limited (CHL)
Those surprised by the market's strength in recent weeks should be even more impressed with the rebound in China, where both their market and economy have proven among the most resilient in the world.
Global specialist Nicholas Vardy adds, "While the US markets are rising, Asian stocks are on fire." ETF expert Paul Tracy adds, "China funds have screamed to the top of the performance charts."
In large part, this strength is due to the country's stimulus program. Tracy points out, "To combat the sagging global economy, Chinese Premier Wen Jiabao orchestrated a massive 4 trillion yuan ($586 billion) stimulus package.
Continue reading Investing in China: 12 experts pick their best bets
Posted May 2nd 2009 9:40AM by Trey Thoelcke
Filed under: Earnings reports, Time Warner (TWX), Pfizer (PFE), Starbucks (SBUX), Motorola (MOT), Exxon Mobil (XOM), Verizon Communications (VZ), Office Depot (ODP), Eastman Kodak (EK), QUALCOMM Inc (QCOM), Dow Chemical (DOW), Burger King Hldgs (BKC), Goodyear Tire and Rubber (GT), MetLife Inc. (MET), Visa Inc. (V)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Starbucks, Kodak, Verizon, Visa, Office Depot, Baidu and more
Posted Apr 27th 2009 4:10PM by Jon Ogg
Filed under: General Motors (GM), Bank of America (BAC), Whole Foods Market (WFMI), QUALCOMM Inc (QCOM)

Today was just a weird day as we sold off, but marginally compared to elsewhere. Parts of Asia and Europe, as well as Latin America, saw their equity markets hit hard over fears of a pandemic swine flu outbreak. Many traders feel this is a notion that
will pass as a footnote rather than as a catastrophe, and this was a very light day for data. Sheila Bair at FDIC did manage to call the
bank liquidity crisis over.
Here are today's unofficial closing bell levels:
Dow 8,025.00 -51.29 (-0.64%)
S&P 500 857.51 -8.72 (-1.01%)
Nasdaq 1,679.41 -14.88 (-0.88%)
Top Analyst Upgrades Top Analyst DowngradesContinue reading Closing Bell: Earnings keep swine scares in check (BAC, GSK, HUM, EWW, QCOM, WFMI)
Posted Apr 27th 2009 2:00PM by Brent Archer
Filed under: Major movement, Earnings reports, Deals, Good news, Law, QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM), Options, Technical Analysis
Qualcomm (NASDAQ:
QCOM -
option chain) shares are rising today despite a
weak earnings report this morning after the company agreed to pay
$891 million to
Broadcom (NASDAQ:
BRCM) to dismiss all pending lawsuits between the two companies. The $891 settlement was not as high as the figure some analysts had feared QCOM would have had to pay BRCM. Plus, this dispute has been raging for quite some time with no end in sight, so a cessation of hostilities should be good for both companies. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on QCOM.
QCOM opened this morning at $42.35. So far today the stock has hit a low of $42.30 and a high of $44.59. As of 11:40, QCOM is trading at $43.78, up $2.42 (5.8%). The chart for QCOM looks bearish and
S&P gives QCOM a negative 2 STARS (out of 5) sell ranking.
Continue reading Is the Qualcomm-Broadcom dispute finally settled?
Posted Apr 23rd 2009 10:40AM by Jim Cramer
Filed under: Google (GOOG), Yahoo! (YHOO), Apple Inc (AAPL), eBay (EBAY), Intel (INTC), Market matters, International Business Machines (IBM), Nokia Corp. (NOK), Best Buy (BBY), Corning Inc (GLW), Sun Microsystems (JAVA), Oracle Corp (ORCL), QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM), Cramer on BloggingStocks
Continue reading Cramer on BloggingStocks: It's go with the flow on tech stocks
Posted Apr 23rd 2009 10:20AM by Eric Buscemi
Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), International Business Machines (IBM), Morgan Stanley (MS), BP p.l.c. ADS (BP), QUALCOMM Inc (QCOM), Analyst initiations, Broadcom Corp'A' (BRCM), Teva Pharm Indus ADR (TEVA)
Analyst upgrades:
- Jefferies upgraded Brocade (NASDAQ: BRCD) to Buy from Hold on expectations expanding OEM partnerships, new products and entry into new markets will drive long-term growth. The firm's channel checks indicate the first phase of an IBM (NYSE: IBM) deal for ethernet products will be announced next week. Jefferies raised its target price on the stock to $6 from $3.50.
- JMP Securities upgraded Broadcom (NASDAQ: BRCM) to Market Perform from Underperform citing the potential settlement with Qualcomm (NASDAQ: QCOM). The firm said Broadcom has far more to gain than Qualcomm has to lose.
- Citigroup upgraded Air Products (NYSE: APD) and Praxair (NYSE: PX) to Buy from Hold on expectations that an improvement in customer operating rates will benefit gas companies. The firm raised its target price on Air Products to $70 from $55 and on Praxair to $79 from $63.
- Royal Bank of Scotland upgraded BP Plc (NYSE: BP) to Buy from Hold to reflect its dividend yield at current levels.
- Apple (NASDAQ: AAPL) was raised to Outperform from Underperform at RBC Capital.
- T. Rowe Price (NYSE: TROW) was upgraded at Sandler O'Neill to Hold from Sell.
- Morgan Stanley (NYSE: MS) was lifted to Neutral from Underperform at Banc of America/Merrill.
Continue reading Analyst upgrades, downgrades and initiations: QCOM, AAPL, IBM, BP, MS, VMW, TVA ...
Posted Apr 6th 2009 9:50AM by Jim Cramer
Filed under: Hewlett-Packard (HPQ), Coca-Cola (KO), PepsiCo (PEP), Home Depot (HD), AT and T (T), Johnson and Johnson (JNJ), JPMorgan Chase (JPM), Abbott Laboratories (ABT), Alcoa Inc (AA), Best Buy (BBY), Hershey Co (HSY), Corning Inc (GLW), Research in Motion (RIMM), Goldman Sachs Group (GS), General Mills (GIS), Yum Brands (YUM), NIKE, Inc'B' (NKE), Lowe's Cos (LOW), Verizon Communications (VZ), QUALCOMM Inc (QCOM), BHP Billiton Ltd ADR (BHP), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says if you don't want to wait for a pullback, look abroad for the next leg or find values at home.
What do you do when everyone knows we have come up too far, too fast; no one knows who is actually buying; and we are going into earnings season?
What do you do when the animal spirits are taking up the market and yet other than a handful companies -- Research In Motion (NASDAQ: RIMM) (Cramer's Take), Xilinx (NASDAQ: XLNX) (Cramer's Take), Corning (NYSE: GLW) (Cramer's Take), Best Buy (NYSE: BBY) (Cramer's Take) and Taiwan Semi (NYSE: TSM) (Cramer's Take) -- almost all companies that have spoken during the "off-season" earnings reports have been dismal?
Continue reading Cramer on BloggingStocks: So you missed the recent run -- now what?
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