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Closing Bell: From No Worries to Euphoria (ACN, CVX, CLH, EWJ, ORCL, RIMM, S)

The stock market saw another gainful day despite a reading that consumer sentiment hit a year low. Portugal default fears grew and Japan saw what made for two years of price drops for its consumers. It was pretty impressive to see that most global markets rose on the day. Bond yields were higher and gold failed to reach yesterday's highs.

Here were today's unofficial closing bell levels:

Dow Jones 12,220.59 +50.03 (0.41%)
S&P 500 1,313.80 +4.14 (0.32%)
Nasdaq 2,743.06 +6.64 (0.24%)

Continue reading Closing Bell: From No Worries to Euphoria (ACN, CVX, CLH, EWJ, ORCL, RIMM, S)

Clean Harbors (CLH): Cleaning Up in the Gulf?

"The clean up from the BP oil spill will be involved, costly and very long; one company involved is Clean Harbors (CLH), which is the market share leader in hazardous waste services and a leader in overall environmental remediation," says Brendan Coffey, a specialist in "green" investing.

The editor of Cabot Green Investor explains, "Given the scope of the Deepwater Horizon well disaster and the established reputation of Clean Harbors, we suspect the company will benefit for months if not years to come.

"Clean Harbors is a well-run company that was founded by current CEO Alan Kim in 1980 as a four-man outfit dedicated to cleaning out oil tanks. Last month, the company sent a phalanx of employees to begin cleanup efforts in the Gulf.

Continue reading Clean Harbors (CLH): Cleaning Up in the Gulf?

Small Cap Trio: Cleaning Up the Gulf

"I found three small cap companies that are poised to benefit from the oil spill in the Gulf of Mexico; indeed, small cap investors may want to try and profit on the solution, rather than the problem," suggests Ian Wyatt.

The editor of Small Cap Investor explains, "All three are compelling for different reasons, and have their own risks and potential rewards. So let's take a quick look at Clean Harbors (CLH), Nalco Holding Company (NLC) and Lakeland Industries (LAKE) and see how they are helping in the cleanup effort.

Continue reading Small Cap Trio: Cleaning Up the Gulf

Analyst Calls: APC, BP, COLB, GS, IGTE, MCD, MLM, MXL, NIHD, SRDX ...

Analyst Upgrades

  • SunTrust upgraded Anadarko Petroleum (APC) to buy from neutral. The firm believes weakness related to the oil spill disaster is overdone and is a buying opportunity. The firm set an $82 price target on the stock.
  • JPMorgan upgraded NII Holdings (NIHD) to overweight from neutral following the company's Q1 results. The firm has a $55 price target on the stock.
  • Keefe Bruyette upgraded Columbia Banking (COLB) to outperform from market perform following the company's secondary offering due to valuation. The firm has a $30 price target on the stock.
  • Clean Harbors (CLH) was upgraded to outperform from neutral at Credit Suisse.
  • Pinnacle Entertainment (PNK) was upgraded to buy from neutral at Janney Montgomery.
  • Digital River (DRIV) was upgraded to overweight from equal weight at First Analysis.

Continue reading Analyst Calls: APC, BP, COLB, GS, IGTE, MCD, MLM, MXL, NIHD, SRDX ...

Analyst Calls: BIG, CME, GME, GOOG, INTC, PALM, YHOO ...

Analyst Upgrades

  • Deutsche Bank upgraded CME Group (CME) to buy from hold to reflect valuation and the company's improving trends. The firm raised its target price for shares to $325 from $320.
  • JPMorgan upgraded Big Lots (BIG) to overweight from neutral. The firm believes the company's stabilizing comps and accelerating square foot growth should drive multiple expansion and raised its target price for shares to $38.
  • Soleil upgraded PacWest Bancorp (PACW) to buy from hold as it views the company's bulk loan sale positively. The firm has a $24.50 target on the stock.
  • Clean Harbors (CLH) was upgraded to buy from neutral at BofA/Merrill.
  • Skilled Healthcare (SKH) was upgraded to outperform from market perform at Leerink.
  • FARO Tech (FARO) was upgraded to buy from hold at Needham.

Continue reading Analyst Calls: BIG, CME, GME, GOOG, INTC, PALM, YHOO ...

Analyst Upgrades, Downgrades and Initiations: AMD, HEP, INTC, IRE, K, SPLS, TOL, WSO ...

Analyst Upgrades

  • ThinkEquity upgraded Intel (INTC) to buy from hold and has a $25 target on the stock. The firm believes guidance will prove conservative and strong execution, new product cycle, Win7 cycle and corporate PC-Server refresh will drive shares higher.
  • Wells Fargo upgraded Holly Energy (HEP) to outperform from market perform after increasing its valuation ranges for small cap pipeline MLPs. The firm raised its valuation range for Holly to $43 to $45.
  • SunTrust upgraded Watsco (WSO) to buy from neutral as it believes the carrier joint venture will serve as a long-term catalyst. The firm has a $67 price target on the stock. William Blair upgraded Watsco to outperform from market perform ahead of the company's Q4 results to reflect valuation and improving economic conditions.
  • Staples (SPLS) and Office Max (OMX) were upgraded to overweight from neutral at JPMorgan.
  • Kellogg (K) was raised to buy from neutral at BofA/Merrill.
  • Advanced Micro (AMD) was upgraded to outperform from market perform at FBR Capital.

Continue reading Analyst Upgrades, Downgrades and Initiations: AMD, HEP, INTC, IRE, K, SPLS, TOL, WSO ...

Analyst Upgrades, Downgrades and Initiations: ADS, ANF, BCS, EXC, HRS, KO, TJX, WEN ...

Analyst Upgrades

  • JPMorgan upgraded Alliance Data Systems (ADS) to overweight from neutral to reflect potential upside to 2010 estimates. The firm raised its target on shares to $84 from $68.
  • JMP Securities upgraded SVB Financial (SIVB) to outperform from market perform and has a $54 target on the stock. The firm believes industry conditions are improving and that the recent TARP repayment is a positive sign regarding credit and liquidity.
  • Citigroup upgraded Agrium (AGU) to buy from hold on expectations that 2010 will bring a recovery in fertilizer volumes. The firm raised its target price on shares to $82 from $64.
  • Edwards Lifesciences (EW) was upgraded to conviction buy from buy at Goldman.
  • Barclays (BCS) was upgraded to buy from neutral at UBS.
  • Tower Bancorp (TOBC) was upgraded to outperform from market.

Continue reading Analyst Upgrades, Downgrades and Initiations: ADS, ANF, BCS, EXC, HRS, KO, TJX, WEN ...

Analyst upgrades, downgrades and initiations: GNA, CCE, BCS, SFD, TRI ...

Analyst upgrades:
  • Goldman upgraded Gerdau AmeriSteel (NYSE: GNA) to Buy from Neutral and has a $5.50 target on shares. Shares were upgraded due to the potential impact from infrastructure spending. Note that Goldman downgraded Steel Dynamics (NYSE: STLD) and Olympic Steel (NYSE: ZEUS) to Neutral from Buy.
  • Banc of America/Merrill upgraded Coca-Cola Enterprises (NYSE: CCE) to Buy from Neutral and raised the price target to $18 from $15. The firm the strong Q1 report gives them greater confidence in shares.
  • Roth Capital upgraded Halozyme (NASDAQ: HALO) to Buy from Hold due to increased clarity into Roche programs, the discontinuation of the chemophase program, and progress on insulin delivery.
  • American Movil (NYSE: AMX) was raised to Overweight from Neutral at JP Morgan and to Hold from Sell at Citigroup.
  • Barclays (NYSE: BCS) and Lloyds TSB Group (NYSE: LYG) were upgraded at HSBC to Overweight from Neutral.

Continue reading Analyst upgrades, downgrades and initiations: GNA, CCE, BCS, SFD, TRI ...

Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ...

Analyst upgrades:
  • UBS upgraded Dollar Tree (NASDAQ: DLTR) to Buy from Neutral but lowered its target to $42 from $45 following the solid Q4 report. The firm expects Dollar Tree's cost containment to continue. JP Morgan upgraded shares to Overweight from Neutral on valuation as it believes the recent pullback is overdone and the company set achievable FY09 guidance. The firm has a $43 target on the stock.
  • JP Morgan also upgraded Smithfield Foods (NYSE: SFD) to Overweight from Neutral on valuation as they find the stock oversold at current levels.
  • KeyBanc upgraded Nordson (NASDAQ: NDSN) to Hold from Underweight based on valuation, strong balance sheet and cost reductions, and a solid track record of execution.
  • Philips Electronics (NYSE: PHG) was upgraded to Neutral from Underweight at HSBC.
  • Aeropostale (NYSE: ARO) was raised to Equal Weight from Underweight at Barclays.
  • Carter's (NYSE: CRI) was upgraded at Goldman to Neutral from Sell.

Continue reading Analyst upgrades, downgrades and initiations: DLTR, KWK, IRE, AAUK, JNJ ...

Clean Harbors (CLH): Cleaning up in hazardous waste

"Clean Harbors (NYSE: CLH), the nation's largest hazardous waste firm, represents a great way to add some recession-resistance to your portfolio," says growth stock expert David Fessler.

The contributing editor to The Oxford Club adds, "This stock is also a way to get paid from cleaning up our nation's biggest environmental messes in the process." Here's the advisor's review.

"Clean Harbors is a one-stop clean-up shop for waste. We're talking hazardous waste, toxic chemicals, radioactive materials and biologic or infectious waste.

"With a superior portfolio of over 100 waste management facilities, Clean Harbors is North America's largest vertically integrated environmental services and hazardous waste-treatment company.

Continue reading Clean Harbors (CLH): Cleaning up in hazardous waste

Symbol Lookup
IndexesChangePrice
DJIA+80.0312,881.26
NASDAQ+28.302,932.18
S&P 500+9.221,351.86

Last updated: February 13, 2012: 03:20 PM

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