BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Chicago Bridge & Iron Just Keeps Rolling Along]]>http://www.bloggingstocks.com/2011/04/05/chicago-bridge-and-iron-just-keeps-rolling-along/http://www.bloggingstocks.com/2011/04/05/chicago-bridge-and-iron-just-keeps-rolling-along/http://www.bloggingstocks.com/2011/04/05/chicago-bridge-and-iron-just-keeps-rolling-along/#commentsFiled under:

The impressive equity appreciation story with Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009 at a price of $7.31, continues, as the stock is testing psychological resistance at $40.

Further, obviously, if you haven't already, if you're in at/near $7.31 or at a dollar-cost-average below $14, now may be a good time to consider taking some profits off the table with CBI.

However, those investors who can tolerate the risk can maintain their full position to go for a possible larger gain, as CBI will likely trade above $45 by the end of 2011.

Continue reading Chicago Bridge & Iron Just Keeps Rolling Along

Chicago Bridge & Iron Just Keeps Rolling Along originally appeared on BloggingStocks on Tue, 05 Apr 2011 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridage and IronTue, 05 Apr 2011 15:00:00 EST<![CDATA[Is Chicago Bridge's Stock Headed to $40 and Beyond?]]>http://www.bloggingstocks.com/2011/02/07/is-chicago-bridges-stock-headed-to-40-and-beyond/http://www.bloggingstocks.com/2011/02/07/is-chicago-bridges-stock-headed-to-40-and-beyond/http://www.bloggingstocks.com/2011/02/07/is-chicago-bridges-stock-headed-to-40-and-beyond/#commentsFiled under:

Chicago Bridge (CBI) logoSteady as she goes with Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009, at a price of $7.31, which has pushed through psychological resistance at $30.

Further, obviously if you're in near $7.31 or at a dollar-cost-average below $14, now may be a good time to consider taking some profits off the table with CBI.

However, those investors who can tolerate the risk can hold on to their full position in CBI go for a possible larger gain. I'd also raise the sell/stop loss to $22 from $18 at this stage.

Continue reading Is Chicago Bridge's Stock Headed to $40 and Beyond?

Is Chicago Bridge's Stock Headed to $40 and Beyond? originally appeared on BloggingStocks on Mon, 07 Feb 2011 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronMon, 07 Feb 2011 13:40:00 EST<![CDATA[Analyst Calls: AMGN, CMCSA, GDP, FAST, FLR, KBR, PGR, RIMM, SLE, WAG ...]]>http://www.bloggingstocks.com/2010/12/14/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/12/14/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/12/14/analyst-upgrades-downgrades/#commentsFiled under: , , , , , ,

Analyst Upgrades

  • Amgen (AMGN) to overweight from neutral at Piper Jaffray.
  • Goodrich Petroleum (GDP) to outperform from market perform at Wells Fargo.
  • Tutor Perini (TPC) to buy from neutral at UBS.
  • Covidien (COV) to buy from neutral at Goldman.
  • Sara Lee (SLE) and Comcast (CMCSA) to outperform from market perform at Bernstein.
  • Research In Motion (RIMM) to outperform from sector perform at FBN Securities.

Continue reading Analyst Calls: AMGN, CMCSA, GDP, FAST, FLR, KBR, PGR, RIMM, SLE, WAG ...

Analyst Calls: AMGN, CMCSA, GDP, FAST, FLR, KBR, PGR, RIMM, SLE, WAG ... originally appeared on BloggingStocks on Tue, 14 Dec 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACORActuantAmgenAMGNanalyst upgradesATUBCSIBlue CoatCareFusionCBICFNCOVCovidendowngradesEMCFASTFastenalFLRFluorGDPGoodrichinitiationsinthenewsKALUKBRNetAppNTAPPGRResearch In MotionRIMRIMMSara LeeSLETesoroTPCTRGLTSOUILUNTKVECOVeecoVMWVMwareWAGWalgreenTue, 14 Dec 2010 11:00:00 EST<![CDATA[Chicago Bridge & Iron Expects an Even Better 2011]]>http://www.bloggingstocks.com/2010/11/12/chicago-bridge-and-iron-expects-an-even-better-2011/http://www.bloggingstocks.com/2010/11/12/chicago-bridge-and-iron-expects-an-even-better-2011/http://www.bloggingstocks.com/2010/11/12/chicago-bridge-and-iron-expects-an-even-better-2011/#commentsFiled under:

Chicago Bridge & Iron (CBI) logoIf you took the opportunity to scoop-up more shares of Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009, at a price of $7.31, during its summer dip to about $16, you made the correct move, as CBI has reaccelerated, as forecast, and is now testing $30.

In fact, if you're in at $7.31 or at a dollar-cost-average below $14, if you haven't already, now may be a good time to consider taking some profits off the table with CBI. However, those who can tolerate the risk can hold on to their full position to go for a possible larger gain.

I'd also raise the sell/stop loss to $18 from $14.

Continue reading Chicago Bridge & Iron Expects an Even Better 2011

Chicago Bridge & Iron Expects an Even Better 2011 originally appeared on BloggingStocks on Fri, 12 Nov 2010 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronFri, 12 Nov 2010 14:30:00 EST<![CDATA[Chicago Bridge & Iron: Low-Profile Gem]]>http://www.bloggingstocks.com/2010/07/23/chicago-bridge-and-iron-low-profile-gem/http://www.bloggingstocks.com/2010/07/23/chicago-bridge-and-iron-low-profile-gem/http://www.bloggingstocks.com/2010/07/23/chicago-bridge-and-iron-low-profile-gem/#commentsFiled under:

The shares of Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009 at a price of $7.31, pulled-back as expected this spring, on a projected roughly 10% revenue decline in 2010, but just look on that stock retreat as an opportunity to scoop up shares of a premiere company.

Chicago Bridge & Iron specializes in projects that produce, process, store, and distribute the world's natural resources. Liquid natural gas and refining project revenue will likely decline in 2010, offset somewhat by Canadian oil sands and shale gas/unconventional gas project revenue.

Continue reading Chicago Bridge & Iron: Low-Profile Gem

Chicago Bridge & Iron: Low-Profile Gem originally appeared on BloggingStocks on Fri, 23 Jul 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronFri, 23 Jul 2010 16:00:00 EST<![CDATA[Chicago Bridge & Iron: Chart of Beauty]]>http://www.bloggingstocks.com/2010/04/08/chicago-bridge-and-iron-chart-of-beauty/http://www.bloggingstocks.com/2010/04/08/chicago-bridge-and-iron-chart-of-beauty/http://www.bloggingstocks.com/2010/04/08/chicago-bridge-and-iron-chart-of-beauty/#commentsFiled under:

The shares of Chicago Bridge & Iron (CBI), which I first wrote about on April 6, 2009 at a price of $7.31, are expected to pull-back this year, on a projected revenue dip.

With the above in mind, it's reasonable for those who bought CBI in April 2009 to take some profits off the table at this juncture, as the stock is up more than 200% since that time.

More-assertive investors can go for even greater gains on the calculation that 2010 revenue may not drop as much as the projected 3-7% decline.

Continue reading Chicago Bridge & Iron: Chart of Beauty

Chicago Bridge & Iron: Chart of Beauty originally appeared on BloggingStocks on Thu, 08 Apr 2010 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago BridgeThu, 08 Apr 2010 16:00:00 EST<![CDATA[Earnings Highlights: Discover, FedEx, GameStop, Guess, Nike, Palm ...]]>http://www.bloggingstocks.com/2010/03/20/earnings-highlights-discover-fedex-gamestop-guess-nike-pal/http://www.bloggingstocks.com/2010/03/20/earnings-highlights-discover-fedex-gamestop-guess-nike-pal/http://www.bloggingstocks.com/2010/03/20/earnings-highlights-discover-fedex-gamestop-guess-nike-pal/#commentsFiled under: , , , , , , ,

Here are some highlights from this past week's earnings coverage on BloggingStocks:

  • Alcatel-Lucent (ALU) received an analyst's downgrade following its disappointing earnings report and guidance.
  • Chicago Bridge & Iron Co. (CBI) improved earnings prospects prompted one analyst to upgrade the stock.
  • Cintas Corp. (CTAS) lower Q3 earnings topped analysts' expectations, and it reiterated its Q4 earnings guidance.
  • CRA International Inc. (CRAI) received an analyst's downgrade following its earnings results for Q1.
  • Discover Financial Services (DFS) reported a net loss for Q1 due to a needed boost to its loan loss reserves.

Continue reading Earnings Highlights: Discover, FedEx, GameStop, Guess, Nike, Palm ...

Earnings Highlights: Discover, FedEx, GameStop, Guess, Nike, Palm ... originally appeared on BloggingStocks on Sat, 20 Mar 2010 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Alcatel-LucentALUAMTDCBICintasCRACTASDFSDiscoverFDXFedExFUQIGEGeneral ElectricGESGMEGuessNikeNKEPALMPERYSBUXSQNMStarbucksSat, 20 Mar 2010 12:10:00 EST<![CDATA[Analyst Calls: CBI, CLX, PBR, PSYS, SWSI, SONC, SBUX, UNH, VRUS, WU ...]]>http://www.bloggingstocks.com/2010/03/16/analyst-calls/http://www.bloggingstocks.com/2010/03/16/analyst-calls/http://www.bloggingstocks.com/2010/03/16/analyst-calls/#commentsFiled under: , , ,

Analyst Upgrades

  • UBS upgraded Starbucks (SBUX) to buy from neutral, citing expectations for sales momentum. The firm raised its price target to $29 from $27.
  • Piper Jaffray upgraded Sonic (SONC) two notches to overweight from underweight on expectations the company's sales and margin trends are set to improve. The firm raised its target price for shares to $12 from $8.
  • BMO Capital upgraded Chicago Bridge & Iron (CBI) to outperform from market perform, citing its outlook for earnings growth. The firm has a $30 target on the stock.
  • Clorox (CLX) was upgraded to overweight from equal weight at Barclays.
  • Alexion Pharma (ALXN) was upgraded to conviction buy from buy at Goldman.
  • Compellent (CML) was upgraded to buy from hold at ThinkEquity.

Continue reading Analyst Calls: CBI, CLX, PBR, PSYS, SWSI, SONC, SBUX, UNH, VRUS, WU ...

Analyst Calls: CBI, CLX, PBR, PSYS, SWSI, SONC, SBUX, UNH, VRUS, WU ... originally appeared on BloggingStocks on Tue, 16 Mar 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ALUALXNanalyst upgradesCBICLXCMLCTCdowngradesinitiationsPBRPSYSSAISFLSONCStarbucksUNHVRUSWUTue, 16 Mar 2010 11:30:00 EST<![CDATA[Chicago Bridge & Iron: Back Up the Truck (Again)]]>http://www.bloggingstocks.com/2010/01/18/chicago-bridge-and-iron-back-up-the-truck-again/http://www.bloggingstocks.com/2010/01/18/chicago-bridge-and-iron-back-up-the-truck-again/http://www.bloggingstocks.com/2010/01/18/chicago-bridge-and-iron-back-up-the-truck-again/#commentsFiled under:

Chicago Bridge & Iron (CBI) just keeps rolling along, and I'm obviously reiterating my buy rating for the company's shares, first recommended on April 6, 2009 at a price of $7.31.

If you bought CBI in April 2009, you're up about 200%, and there's more ahead in 2010. Look for better days and quarters in FY2010 CBI: widening margins, and a rebound in the U.S. refining and Canadian oil sands segments, all amid strong Middle East orders, should produce a very good year for CBI.

Continue reading Chicago Bridge & Iron: Back Up the Truck (Again)

Chicago Bridge & Iron: Back Up the Truck (Again) originally appeared on BloggingStocks on Mon, 18 Jan 2010 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago BridgeMon, 18 Jan 2010 15:00:00 EST<![CDATA[Chicago Bridge & Iron: Back up the truck]]>http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/http://www.bloggingstocks.com/2009/10/28/chicago-bridge-and-iron-back-up-the-truck/#commentsFiled under:

In April, the call was that Chicago Bridge & Iron (NYSE: CBI) was undervalued at $7.31. If you bought CBI in April, you're up 178%. Not bad.

Moreover, it goes without saying that I'm reiterating my Buy rating for CBI, first recommended on April 6, 2009.

Continue reading Chicago Bridge & Iron: Back up the truck

Chicago Bridge & Iron: Back up the truck originally appeared on BloggingStocks on Wed, 28 Oct 2009 17:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Canadian oil sandsCanadianOilSandsCBIChicago Bridge and Ironmiddle eastMiddleEastoil sandsOilSandsWed, 28 Oct 2009 17:30:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: ACOR, BHI, HAL, LAZ, SLB, TRV ...]]>http://www.bloggingstocks.com/2009/10/15/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/10/15/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/10/15/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , ,

Analyst upgrades:

  • Citigroup upgraded Schlumberger (NYSE: SLB) to Buy from Hold on valuation and the company's exposure to a potential upturn in international drilling. The firm raised its target on shares to $80 from $56.
  • UBS upgraded Allegheny Tech (NYSE: ATI) to Buy from Neutral and raised its target to $43 from $31 and believes the end of jet engine and other destocking will result in an initial recovery into 2010, even before an order ramp into 2011.
  • Merriman upgraded Acorda Therapeutics (NASDAQ: ACOR) to Buy from Neutral based on the favorable FDA panel outcome and set a $30-$33 target range on the stock. Baird upgraded Acorda to Outperform from Neutral and raised its target to $28 from $24. Following the panel review, Baird expects Amaya to be approved in 1H10 and would be buyers into the mid/high $20s.
  • Chicago Bridge & Iron (NYSE: CBI) was upgraded to Buy from Neutral at Goldman.
  • PG&E (NYSE: PCG) was upgraded to Buy from Neutral at UBS.
  • Newfield Exploration (NYSE: NFX) was upgraded to Outperform from Market Perform at Wells Fargo.

Continue reading Analyst upgrades, downgrades and initiations: ACOR, BHI, HAL, LAZ, SLB, TRV ...

Analyst upgrades, downgrades and initiations: ACOR, BHI, HAL, LAZ, SLB, TRV ... originally appeared on BloggingStocks on Thu, 15 Oct 2009 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACORanalyst upgradesATIAZBHIBJSCBICPXdowngradesHALHESHSTinitiationsinthenewsIVZLAZNFXPBRPCGSchlumbergerSLBTRVTSOThu, 15 Oct 2009 11:30:00 EST<![CDATA[Chicago Bridge is undervalued]]>http://www.bloggingstocks.com/2009/08/07/chicago-bridge-is-undervalued/http://www.bloggingstocks.com/2009/08/07/chicago-bridge-is-undervalued/http://www.bloggingstocks.com/2009/08/07/chicago-bridge-is-undervalued/#commentsFiled under:

I'm reiterating my Buy rating for Chicago Bridge & Iron (NYSE: CBI), first recommended on April 6, 2009 at a price of $7.31.

Did you have a chance to get in on CBI in April? If you did, you're up more than 90%. But the good run is hardly over.

Continue reading Chicago Bridge is undervalued

Chicago Bridge is undervalued originally appeared on BloggingStocks on Fri, 07 Aug 2009 12:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge and IronFri, 07 Aug 2009 12:40:00 EST<![CDATA[Chicago Bridge & Iron: A get-ahead-of-the-pack play]]>http://www.bloggingstocks.com/2009/04/06/chicago-bridge-and-iron-a-get-ahead-of-the-pack-play/http://www.bloggingstocks.com/2009/04/06/chicago-bridge-and-iron-a-get-ahead-of-the-pack-play/http://www.bloggingstocks.com/2009/04/06/chicago-bridge-and-iron-a-get-ahead-of-the-pack-play/#commentsFiled under:

It's a market than remains the province of those who make astute calculations and who can tolerate moderate risk (or high risk). This market has demonstrated that it can certainly frustrate -- and humble -- institutional investor and individual investor alike.

Moreover, perhaps the most memorable dimension to the bear market that began in October 2007 will be its ability to take down the stocks of healthy companies with demonstrated business models.

Chicago Bridge & Iron (NYSE: CBI) is one such business model. A global, engineering, procurement and construction company that specializes in turnkey projects for customers that produce, process, store and distribute the world's natural resources, the market hammered CBI as it became clear that emerging markets, a key CBI customer, had entered a recession. The First Call F2009/F2010 EPS estimates for CBI are $1.64 / $1.42.

Continue reading Chicago Bridge & Iron: A get-ahead-of-the-pack play

Chicago Bridge & Iron: A get-ahead-of-the-pack play originally appeared on BloggingStocks on Mon, 06 Apr 2009 12:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridge IronChicagoBridgeIronconstruction stocksConstructionStocksinfrastructure stocksInfrastructureStocksinthenewsMon, 06 Apr 2009 12:10:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: BHP, MRK, LUV, MA, AAUK ...]]>http://www.bloggingstocks.com/2009/01/23/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/01/23/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/01/23/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , , ,

Analyst upgrades:
  • ING believes BHP Billiton (NYSE: BHP) will grow through acquisitions and is in a good position relative to peers. Shares were upgraded to Buy from Hold.
  • KeyBanc upgraded Kaman (NASDAQ: KAMN) to Buy from Hold based on valuation, higher foreign 2009 sales, and exposure to the military helicopter market, among other reasons.
  • Merck (NYSE: MRK) was upgraded to Buy from Neutral at Banc of Amerca/Merrill on valuation.
  • J Crew (JCG) was upgraded to Market Perform from Underperform at Keefe Bruyette.
  • UBS upgraded Expeditors (NASDAQ: EXPD) to Neutral from Sell.
  • CVB Financial (NASDAQ: CVBF) was raised to Hold from Sell at Sandler O'Neill.
Analyst downgrades:
  • Morgan Stanley downgraded Petrobras (NYSE: PBR) to Equal Weight from Overweight and lowered their target to $25 from $26 based on valuation and high Street estimates given lower oil prices and weaker currency.
  • CIBC downgraded Louisiana Pacific (NYSE: LPX) to Sector Performer from Outperformer. The analyst believes LPX may have to issue equity at these depressed levels given the tight credit markets and ongoing cash losses.
  • Calyon downgraded Southwest Airlines (NYSE: LUV) to Sell from Underperform and lowered their target to $7 from $8. The firm recommends taking profits in Southwest due to unit cost challenges given slowing growth and its reduced fuel hedging program.
  • CME Group (NASDAQ: CME) was downgraded to Market Perform from Outperform at Bernstein.
  • Keefe Bruyette downgraded shares of Amcore Financial (NASDAQ: AMFI) to Market Perform from Outperform.
  • Anglo American (NASDAQ: AAUK) was downgraded to Hold from Buy at Royal Bank of Scotland.
Analyst initiations:
  • Citigroup believes MasterCard (NYSE: MA) is vulnerable to the consumer spending slowdown and expects a more cautious outlook from management when the company reports earnings. Shares were initiated with a Sell rating and $110 target.
  • Janney Montgomery initiated GameStop (NYSE: GME) with a Buy rating and $34.50 target and expects GameStop to benefit from the secular growth in gaming, potential hardware cuts, international expansion, and 2009 title visibility.
  • Jefferies assumed Chicago Bridge & Iron (NYSE: CBI) with a Hold rating and $13 target and expects shares to be range-bound until the company shows progress on project execution and margin performance.
  • Gran Tierra Energy (GTE) was initiated at Wunderlich with a Buy rating.
  • Coverage of CME Group (AMEX: CME) was resumed with an Underweight rating at JP Morgan.
  • Shanda (NASDAQ: SNDA) was initiated with a Hold rating and $30 target at Roth Capital.

Analyst upgrades, downgrades and initiations: BHP, MRK, LUV, MA, AAUK ... originally appeared on BloggingStocks on Fri, 23 Jan 2009 11:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAUKAMFIBHPCBICMECVBFEXPDGMEKAMNLPXLUVMAMRKPBRSNDAFri, 23 Jan 2009 11:15:00 EST<![CDATA[Cramer on BloggingStocks: Oil's plunge presents an infra opportunity ]]>http://www.bloggingstocks.com/2008/12/19/cramer-on-bloggingstocks-oils-plunge-presents-an-infra-opportu/http://www.bloggingstocks.com/2008/12/19/cramer-on-bloggingstocks-oils-plunge-presents-an-infra-opportu/http://www.bloggingstocks.com/2008/12/19/cramer-on-bloggingstocks-oils-plunge-presents-an-infra-opportu/#commentsFiled under: , , , ,

TheStreet.com's Jim Cramer says that we need to build up our reserves so the wild fluctuations can't happen again.

Memo to Barack Obama: Start building oil facilities right now -- tankers, tanks, whatever. Fill up every preserve you can. This is the time to buy oil for America even if you don't like carbon footprints.

The new president is being given a once-in-a-lifetime infrastructure opportunity to build enough tankers and tanks to sop up the supply. That's what is needed more than anything. We can't drill for these prices economically anymore, and oil is obviously overflowing everywhere. Right now, we are out of storage in this country. That's one reason the price has fallen so precipitously -- there is nowhere to put it. I don't think there is a soul who believes that oil will be down here two years from now. We should be filling and creating a strategic petroleum reserve that is big enough that this will never happen again. NEVER.

That ridiculous run-up that everyone says was caused by speculators must not occur again, as we see the disastrous results. We need to be able to bring oil down ourselves by buying reserves at these prices and making them available to beat the speculators next time this occurs. I think the low price is because of the big pension and endowments funds puking up their commodity exposure because they can't sell a lot of other investments they are locked into, including private equity.

Continue reading Cramer on BloggingStocks: Oil's plunge presents an infra opportunity

Cramer on BloggingStocks: Oil's plunge presents an infra opportunity originally appeared on BloggingStocks on Fri, 19 Dec 2008 10:10:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cbicvxfeaturedfwltjecjim cramerJimCramerrigsgrxomFri, 19 Dec 2008 10:10:00 EST<![CDATA[Closing Bell: Bulls finally win on lower fuel and better earnings]]>http://www.bloggingstocks.com/2008/07/16/closing-bell-bulls-finally-win-on-lower-fuel-and-better-earning/http://www.bloggingstocks.com/2008/07/16/closing-bell-bulls-finally-win-on-lower-fuel-and-better-earning/http://www.bloggingstocks.com/2008/07/16/closing-bell-bulls-finally-win-on-lower-fuel-and-better-earning/#commentsFiled under: , , , , ,

Today was a clear win for the bulls, although the bears aren't forgotten by any measure. Oil fell another $4.00 today and to around $134/barrel. The CPI report also came in less timid than some PPI watchers were expecting, although it is still very high. Today's rally is probably more attributable to pricing action in banking and transportation stocks. Even the stodgy FOMC minutes didn't hurt today.

Below are the unofficial closing bell levels for index levels today:

DJIA 11240.02 (+277.48)
S&P500 1244.98 (+30.07)
NASDAQ 2284.85 (+69.14)
10YR T-Note 3.934 (+0.09%)
52-Week Lows
Top Analyst Upgrades
Top Analyst Downgrades

Airline earnings came out very cautiously but not as bad as many would have guessed and didn't have the ring of any immediate death sentences for the industry. AMR Corp. (NYSE: AMR), the parent of American Airlines, managed to post better than expected gains before items even if its losses were near $1 billion. Its shares were up over 33% at $5.90 in today's final minutes. This may have actually been the best day ever for major airline stocks.

Continue reading Closing Bell: Bulls finally win on lower fuel and better earnings

Closing Bell: Bulls finally win on lower fuel and better earnings originally appeared on BloggingStocks on Wed, 16 Jul 2008 16:18:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amrcbiintcinthenewswfcWed, 16 Jul 2008 16:18:00 EST<![CDATA[Option Update: Chicago Bridge & Iron volatility elevated into lower guidance & charge]]>http://www.bloggingstocks.com/2008/07/16/option-update-chicago-bridge-and-iron-volatility-elevated-into-lo/http://www.bloggingstocks.com/2008/07/16/option-update-chicago-bridge-and-iron-volatility-elevated-into-lo/http://www.bloggingstocks.com/2008/07/16/option-update-chicago-bridge-and-iron-volatility-elevated-into-lo/#commentsFiled under:

Chicago Bridge & Iron (NYSE: CBI), was trading at $31.39 in after market trading last night, below its close of $36.39 Tuesday.

CBI lowered guidance for 2008 and will take a Q2 pretax charge of $317 million on cost over runs associated with two LNG projects in the UK. Goldman Sachs says: "Lowering rating to Neutral on nagging execution risk."

CBI August option implied volatility of 66 is above its 26-week average of 53 according to Track Data, suggesting larger price movement.

Financial Select Sector-XLF overall volatility at 51; 26-week average is 36

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: Chicago Bridge & Iron volatility elevated into lower guidance & charge originally appeared on BloggingStocks on Wed, 16 Jul 2008 09:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cbichicago bridge and ironChicagoBridgeAndIronFinancial Select Sector-XLFFinancialSelectSector-xlfoption implied volatilityOptionImpliedVolatilityWed, 16 Jul 2008 09:30:00 EST<![CDATA[BusinessWeek picks stocks that could double]]>http://www.bloggingstocks.com/2008/05/13/businessweek-picks-stocks-that-could-rise-100/http://www.bloggingstocks.com/2008/05/13/businessweek-picks-stocks-that-could-rise-100/http://www.bloggingstocks.com/2008/05/13/businessweek-picks-stocks-that-could-rise-100/#commentsFiled under: , , ,

Most of us would be thrilled to invest in a stock that doubles our money, but it certainly isn't easy to find these stocks. According to data provider Capital IQ, in the last year only 1.4% of 6,700 stocks trading on the U.S. exchanges were able to double their price.

BusinessWeek started hunting some of these potentially great stocks by asking fund managers to choose those firms expected to provide 100% returns in the next few years. Of course, the resulting list is by no means a sure thing, since major factors such as the ongoing credit crisis and challenging market conditions could affect results in unpredictable ways.

But let's look at some of the strategies used when picking high-potential stocks.

Mary Lisanti, portfolio manager at the Adams Harkness Small Cap Growth Fund, focuses on young companies in the small-cap segment. She points to stocks like Rubicon Technology (NASDAQ: RBCN) and Titan Machinery Inc. (NASDAQ: TITN), saying that investors can have a big advantage when they recognize potential before the market does.

Continue reading BusinessWeek picks stocks that could double

BusinessWeek picks stocks that could double originally appeared on BloggingStocks on Tue, 13 May 2008 14:23:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aaplanssAnsysapogApogee EnterprisesApogeeEnterprisesAppleBusinessWeekcbiChicago Bridge IronChicagoBridgeIronfeaturedforecastsihsJabil CircuitJabilCircuitjblOM GroupomgOmGrouprbcnRubicon TechnologyRubiconTechnologyTitan MachineryTitanMachinerytitnvltrVolterra SemiconductorVolterraSemiconductorTue, 13 May 2008 14:23:00 EST<![CDATA[Cramer on BloggingStocks: Fluor shows the power of execution ]]>http://www.bloggingstocks.com/2008/05/13/cramer-on-bloggingstocks-fluor-shows-the-power-of-execution/http://www.bloggingstocks.com/2008/05/13/cramer-on-bloggingstocks-fluor-shows-the-power-of-execution/http://www.bloggingstocks.com/2008/05/13/cramer-on-bloggingstocks-fluor-shows-the-power-of-execution/#commentsFiled under: , , , , , , ,

TheStreet.com's Jim Cramer says this report highlighted where the success lies in this market: energy and petroleum.

Fluor's (NYSE: FLR) (Cramer's Take) a monster. It shows you that what has hurt the other companies, particularly Chicago Bridge & Iron (NYSE: CBI) (Cramer's Take), is pure execution.

This gigantic beat also serves to remind us of the big dichotomy. You are either in the energy and petroleum products game or you are in a lot of games that don't work.

It's not easy for these companies, some of which have lived off the duress of state and local governments, including Shaw (NYSE: SGR) (Cramer's Take) and to a certain extent Aecom (NYSE: ACM) (Cramer's Take) and URS (NYSE: URS) (Cramer's Take), to become oil-and-gas plays.

The only ones that have transcended it beside Fluor are Foster Wheeler (NASDAQ: FWLT) (Cramer's Take) and Jacobs Engineering (NYSE: JEC) (Cramer's Take), and the only reason you would really know that is longevity. I remember in the early 1980s when FLR and then FWC would compete directly for all of the huge projects after the second oil shock.

Continue reading Cramer on BloggingStocks: Fluor shows the power of execution

Cramer on BloggingStocks: Fluor shows the power of execution originally appeared on BloggingStocks on Tue, 13 May 2008 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>acmaecomcbichicago bridge and ironChicagoBridgeAndIronedsfeaturedflrfluorfoster wheelerFosterWheelerfwlthpqibmjacobs engineeringJacobsEngineeringjecjim cramerJimCramermcdermottmdrsgrshawursTue, 13 May 2008 09:00:00 EST<![CDATA[Chicago Bridge & Iron excels in storing value]]>http://www.bloggingstocks.com/2008/02/12/chicago-bridge-and-iron-excels-in-storing-value/http://www.bloggingstocks.com/2008/02/12/chicago-bridge-and-iron-excels-in-storing-value/http://www.bloggingstocks.com/2008/02/12/chicago-bridge-and-iron-excels-in-storing-value/#commentsFiled under:

Readers of this space know that the investment bias is toward large-cap companies with demonstrated business models and who have a competitive advantage in established markets, preferably with a favorable global trend as a support. And with the above in mind, Chicago Bridge & Iron is worth an evaluation.

Chicago Bridge & Iron Company N.V. (NYSE: CBI) is a global, engineering, procurement, and construction company specializing in turnkey projects for customers that produce, process, store, and distribute the world's natural resources.

Analysts see strong 30-35% revenue growth in 2008 after a similar performance in 2007. Demand for crude oil terminal storage and process-related work in the U.S. should remain strong, including elevated water tanks and steel plate structures.

Labor costs are reasonable, with good overall cost containment. Margins are expected to increase in 2008. In general, analysts view CBI as well-positioned to take advantage of favorable market trends. The Reuters FY 2008/FY 2009 EPS consensus estimates for CBI are $1.76/$2.38.

Continue reading Chicago Bridge & Iron excels in storing value

Chicago Bridge & Iron excels in storing value originally appeared on BloggingStocks on Tue, 12 Feb 2008 17:51:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>CBIChicago Bridgeconstruction servicesenergystorage tanksTue, 12 Feb 2008 17:51:00 EST