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[Chasing Value: Insurance Mess, Ebix to the Rescue]]>http://www.bloggingstocks.com/2010/03/25/chasing-value-insurance-mess-ebix-to-the-rescue/http://www.bloggingstocks.com/2010/03/25/chasing-value-insurance-mess-ebix-to-the-rescue/http://www.bloggingstocks.com/2010/03/25/chasing-value-insurance-mess-ebix-to-the-rescue/#commentsFiled under: , ,

It has been a long time since I have suggested investors dabble in tech stocks, unless, like me, you consider Intuitive Surgical (ISRG) a tech stock. Today, that changes as I direct your attention to the rapidly growing small cap stock Ebix (EBIX), a software company that specializes in the needs of the insurance industry.

This Atlanta, GA-based company is up 113.30% in the last year, 450.72% over three years, and an incredible 1,092.74% in five years through March 2010.

Continue reading Chasing Value: Insurance Mess, Ebix to the Rescue

Chasing Value: Insurance Mess, Ebix to the Rescue originally appeared on BloggingStocks on Thu, 25 Mar 2010 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>chasing valueChasingValuecheap stocksCheapStocksEBIXfeaturedgrowth stocksGrowthStockshealth careHealthCareinsurance softwareInsuranceSoftwareSheldon LiberSheldonLibersmall cap stocksSmallCapStocksvalue stocksValueStocksThu, 25 Mar 2010 12:30:00 EST<![CDATA[Serious Money: The world's dumbest market]]>http://www.bloggingstocks.com/2009/07/31/serious-money-the-worlds-dumbest-market/http://www.bloggingstocks.com/2009/07/31/serious-money-the-worlds-dumbest-market/http://www.bloggingstocks.com/2009/07/31/serious-money-the-worlds-dumbest-market/#commentsFiled under: , , , , , , , , , , , , , , , , ,

Where on earth can you buy things on sale for less than bargain prices?

Imagine that you were shopping for a nice shirt, or watch, or bicycle and you have been tracking the prices all year (or ten) and the thing finally goes on sale. You drive to the store and while you are in transit, unknown to you, the store manager puts a half price sticker on the item. You would be overjoyed with glee! To buy something at half the price you already thought was a bargain -- that would be amazing!

The fact is that this year the stock market has provided that opportunity. This year for the first time in most of our lives, you were able to do that to a degree that we have not witnessed before and have only read about.

Continue reading Serious Money: The world's dumbest market

Serious Money: The world's dumbest market originally appeared on BloggingStocks on Fri, 31 Jul 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bailoutcheap stocksCheapStocksfeaturedmarketSheldon LiberSheldonLiberwells fargoWellsFargoWFCFri, 31 Jul 2009 17:00:00 EST<![CDATA[Should you invest in Estee Lauder's post-earnings pullback?]]>http://www.bloggingstocks.com/2009/02/05/should-you-invest-in-estee-lauders-post-earnings-pullback/http://www.bloggingstocks.com/2009/02/05/should-you-invest-in-estee-lauders-post-earnings-pullback/http://www.bloggingstocks.com/2009/02/05/should-you-invest-in-estee-lauders-post-earnings-pullback/#commentsFiled under: , , , , ,

Unlike a certain former governor of Illinois, I'm not afraid to admit it when I'm wrong. So, when I noticed that makeup maven Estee Lauder Companies (NYSE: EL) was trading significantly lower today in the wake of its latest earnings report, I decided to take a fresh look at the stock. Was my bullish endorsement back in December completely wrong-headed, or is today's drop just a blip on the charts?

First, let's sum up the quarterly results. EL banked a second-quarter profit of 80 cents per share on $2.04 billion in revenue. The profit number exceeded analysts' expectations by three cents per share, while revenue matched consensus estimates. However, the company warned that third-quarter net sales are expected to drop 2% to 4%, and it announced plans to cut its headcount by 2,000 employees over the next two years -- roughly 6% of its workforce.

Continue reading Should you invest in Estee Lauder's post-earnings pullback?

Should you invest in Estee Lauder's post-earnings pullback? originally appeared on BloggingStocks on Thu, 05 Feb 2009 10:50:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cheap stocksCheapStocksearningselestee lauderEsteeLauderfeaturedinvestor sentimentInvestorSentimentjob cutsJobCutsoptionstechnical analysisTechnicalAnalysisWilliam LauderWilliamLauderThu, 05 Feb 2009 10:50:00 EST<![CDATA[Is J.M. Smucker worthy of its new Buy rating?]]>http://www.bloggingstocks.com/2009/01/27/is-j-m-smucker-worthy-of-its-new-buy-rating/http://www.bloggingstocks.com/2009/01/27/is-j-m-smucker-worthy-of-its-new-buy-rating/http://www.bloggingstocks.com/2009/01/27/is-j-m-smucker-worthy-of-its-new-buy-rating/#commentsFiled under: , , ,

As we all know, the market is a fickle mistress -- and I will be the first to admit, she has humiliated me with her indiscretion on many occasions. However, I'm happy to report that my pick of The J.M. Smucker Company (NYSE: SJM) as a "Cheap Stock" for 2009 has not completely blown up in my face (yet).

The peanut butter-based security jumped back on my radar today when I noticed that brokerage firm Janney Montgomery Scott started coverage of SJM with a Buy rating. Not too many analysts are currently following the shares; according to Zacks, the jam giant has garnered just two Strong Buys and one Hold. Any additional bullish initiations could help the stock extend its recent uptrend.

Continue reading Is J.M. Smucker worthy of its new Buy rating?

Is J.M. Smucker worthy of its new Buy rating? originally appeared on BloggingStocks on Tue, 27 Jan 2009 15:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>analyst ratingsAnalystRatingscheap stocksCheapStockscontrarianj.m. smuckerJ.m.Smuckeroptionstechnical analysisTechnicalAnalysisthe j.m. smucker companyTheJ.m.SmuckerCompanyTue, 27 Jan 2009 15:30:00 EST<![CDATA[Buy homebuilder Lennar (LEN) before it's too late]]>http://www.bloggingstocks.com/2008/11/26/buy-homebuilder-lennar-len-before-its-too-late/http://www.bloggingstocks.com/2008/11/26/buy-homebuilder-lennar-len-before-its-too-late/http://www.bloggingstocks.com/2008/11/26/buy-homebuilder-lennar-len-before-its-too-late/#commentsFiled under: , , ,

In putting together my Top 10 Stocks for 2009 last weekend, I focused on infrastructure, oil and agriculture. The 10 on the list are weighted to these sectors, as I believe they will deliver the biggest gains for the upcoming year.

I could have very easily added the homebuilding sector to the above list, but with only room for 10 stocks I had to draw the line somewhere. That said, I just could not resist the bargains in the builders, and I managed to include Pulte Homes (NYSE: PHM) to the list.

I had a hard time selecting just one builder, but a list of 10 requires one to make tough choices. I choose PHM for the relative safety in its valuation. At the time, the stock traded for about 60% of book value.

Other homebuilders traded for much lower valuations, and a close second to make my Top 10 list, is Lennar Corp. (NYSE: LEN). Trading at 20% of book value, I thought LEN was worthy of the speculation.

Continue reading Buy homebuilder Lennar (LEN) before it's too late

Buy homebuilder Lennar (LEN) before it's too late originally appeared on BloggingStocks on Wed, 26 Nov 2008 17:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cheap stocksCheapStockshomebuildershousinghousing marketHousingMarketWed, 26 Nov 2008 17:05:00 EST<![CDATA[Numbers of stocks near 52-week lows are staggering]]>http://www.bloggingstocks.com/2008/11/11/numbers-of-stocks-near-52-week-lows-is-staggering/http://www.bloggingstocks.com/2008/11/11/numbers-of-stocks-near-52-week-lows-is-staggering/http://www.bloggingstocks.com/2008/11/11/numbers-of-stocks-near-52-week-lows-is-staggering/#commentsFiled under: , , , , , , , ,

Whenever someone asks me if a stock can go lower, I reply "of course." As investors have learned the hard way over the past few months, a company's shares can go all the way to zero. Just ask holders of Circuit City Stores Inc. (NYSE: CC) (bankruptcy), General Motors Corp. (NYSE: GM) (near-insolvency) and Sirius XM Radio Inc. (NASDAQ: SIRI) (crushing debt load) whose shares are heading off a cliff.

The number of companies trading at or near their 52-week lows is staggering. Investors are faced with some of the biggest bargains they have seen in decades or the potential to get burned even further as corporate earnings deteriorate further. I am not sure whether to dip my toe further in the market or to invest in more Mason jars that I can fill with the remnants of nest egg and bury in my backyard.

One thing is for certain, stocks are getting cheap. The challenge for investors to figure out is where the market has thrown out the baby with the bathwater. Here are some examples:

  • Google Inc. (NASDAQ: GOOG). The largest search engine company is trading at near a three-year low. Chief Executive Eric Schmidt has said the economy is far worse than he expected. The company traded at $307.93, near its 52-week low of $300.52. CNBC's Jim Goldman is baffled by the market's reaction to Google, as am I.
  • Citigroup Inc (NYSE: C) has had more ups and downs than Cher. Shares of the big bank last traded at $10.80, near its low of $10.34. It is down more than 63% this year. Remember, sometimes stocks are cheap for a good reason -- like business is bad.
  • Kellogg Co. (NYSE: K) reported better-than-expected third quarter earnings and gave bullish guidance. The market, though, could have cared less. Shares of the cereal maker are trading at about $48, near their 52-week low of $45.25. They are down more than 8% this year.
  • General Electric Co. (NYSE: GE) has been in Wall Street's dog house so long it should consider a long-term lease. The conglomerate trades for about $17.73. Its 52-week low is $17.27.
  • Saks Inc. (NYSE: SKS) already has gotten its lump of coal from investors worried about a horrid holiday season. Shares of the retailer are down more than 77% this year. The stock is trading at $4.66, near its 52-week low of $4.23.

Numbers of stocks near 52-week lows are staggering originally appeared on BloggingStocks on Tue, 11 Nov 2008 17:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>CCcheap stocksCheapStocksfeaturedGEGMKnasdaqnysesiriSKSTue, 11 Nov 2008 17:30:00 EST<![CDATA[Profit from penny stocks touting themselves]]>http://www.bloggingstocks.com/2007/12/17/profit-from-penny-stocks-touting-themselves/http://www.bloggingstocks.com/2007/12/17/profit-from-penny-stocks-touting-themselves/http://www.bloggingstocks.com/2007/12/17/profit-from-penny-stocks-touting-themselves/#commentsFiled under: , ,

Penny jar Zac Bissonnette has written extensively about how penny stocks, or stocks trading below $5, promote themselves through big name lab connections, big name celebrity connections, ads on CNBC and how sometimes, just sometimes, they have to settle with the SEC. As somebody who's made and nearly lost a small fortune playing penny stocks, I've decided to get people to stop whining about the ugly side of this niche and learn to profit from it!

And, I mean profit from it legally -- that being to buy these stocks when they're being hyped and to short sell them when the hype wears off. The old Manhattan two-step. While I prefer to short sell, these stocks are already priced so low, the risk-reward ratio favors buying them. That's right; I'll gladly buy into companies I know to be questionable because my time horizon is short and I know no matter how often Zac and other people write about this subject, there are new suckers all the time. The great fool theory and all that. Time and again, these suckers naively throw their hard-earned cash into these long shots without bothering to learn about the risks involved. Since you're reading this, you've already proven that you're not just another sucker and that's good -- congratulations!

So, go on, follow these stocks and learn to play the hype game -- BloggingStocks willing, I'll be writing many more articles to help demystify this greatly misunderstood niche. I think you'll find that while penny stocks are more volatile than stocks like Wal-Mart (NYSE: WMT), they are surprisingly liquid and the games they play are surprisingly similar to the games played by respectable Wall Street companies.

Timothy Sykes writes for the blog timothysykes.com, is a former hedge fund manager, the star of Wall Street Warriors and author of the book, An American Hedge Fund: How I Made $2 Million as a Stock Operator & Created a Hedge Fund.

Profit from penny stocks touting themselves originally appeared on BloggingStocks on Mon, 17 Dec 2007 16:17:00 EST. Please see our terms for use of feeds.

Read | Read | Read | Read | Permalink | Email this | Comments]]>cheap stocksCheapStocksjonathan lebedJonathanLebedpenny stocksPennyStockssecMon, 17 Dec 2007 16:17:00 EST<![CDATA[S&P's Three for 2008: eBay, Corning, Oracle]]>http://www.bloggingstocks.com/2007/12/14/sandps-three-for-2008-ebay-corning-oracle/http://www.bloggingstocks.com/2007/12/14/sandps-three-for-2008-ebay-corning-oracle/http://www.bloggingstocks.com/2007/12/14/sandps-three-for-2008-ebay-corning-oracle/#commentsFiled under: , , ,

Standard & Poor's Scott Kessler offers three strong buys for 2008: eBay Inc (NASDAQ: EBAY), Corning Inc. (NYSE: GLW) and Oracle Inc. (NASDAQ: ORCL).

Of the 267 stocks whose coverage Kessler oversees, 14 are rated strong buy. From those, Kessler likes these three:

  • eBay - Up 15% in the last year, eBay still seems undervalued to Kessler. He thinks its marketplace business is pretty strong -- with good growth in the U.S. and Germany, likes its acquisitions of shopping.com and StubHub and thinks eBay will benefit from international growth. He believes that its PayPal unit is "unheralded" and that it will grow by expanding geographically, by taking on new currencies, and by grabbing new off-eBay payment opportunities. He thinks Skype's new management will find a way to monetize the service to its 100 million users and believes eBay, at a P/E of 20 and forecast 2008 EPS of $1.77, is poised to grow 20% at the low end -- and thus it's reasonably priced.
  • Corning - Kessler likes Corning's business mix of flat panel displays, telecommunications infrastructure, and alternative energy. He thinks it will earn $1.53 in 2008 and that at a P/E of 16 and 16% earnings growth, Corning is reasonably priced.
  • Oracle - Kessler thinks that despite a forecasted slowdown in corporate spending on technology, Oracle will benefit from two trends: international growth and consolidation in the business software industry -- a trend which Oracle has been pushing. He thinks Oracle is reasonably priced at a P/E of 18 on what he expects to be 2008 EPS of $1.21.

I'd recommend taking a look at these -- but try to decide whether you think they're selling at a good price. One way to do that is to calculate their Price/Earnings to Growth (PEG) ratios -- which divides their P/E by their forecast earnings growth rate. If the number is less than one, the stock may be fairly valued.

Peter Cohan is President of Peter S. Cohan & Associates. He also teaches management at Babson College and edits The Cohan Letter. He has no financial interest in the securities mentioned.

S&P's Three for 2008: eBay, Corning, Oracle originally appeared on BloggingStocks on Fri, 14 Dec 2007 15:06:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>cheap stocksCheapStockscorningebayglworacleorclstocks to buyStocksToBuyvalue investingValueInvestingFri, 14 Dec 2007 15:06:00 EST<![CDATA[An 11th stock under $10: Skyworks Solutions]]>http://www.bloggingstocks.com/2007/11/29/an-11th-stock-under-10-skyworks-solutions/http://www.bloggingstocks.com/2007/11/29/an-11th-stock-under-10-skyworks-solutions/http://www.bloggingstocks.com/2007/11/29/an-11th-stock-under-10-skyworks-solutions/#commentsFiled under: , , ,

But wait ... there's more! In the giving spirit of the holidays, here's a bonus pick for bargain-hunters looking for stocks under the $10 threshold. Skyworks Solutions (NASDAQ: SWKS), manufactures semiconductors that are used primarily in wireless telephone handsets and infrastructure products. Nearly 40% of the company's sales are thanks to Motorola (NYSE: MOT) and Sony Ericsson Mobile.

The firm has been a solid performer in the earnings confessional of late, topping analysts' expectations consistently for the past five quarters, by an average surprise of nearly 15%. On November 1, the company reported fourth-quarter profit of $22 million, or 14 cents per share, a penny above Street expectations and a welcome change from a year-ago loss of $96.4 million (60 cents per share). Looking ahead to the current (first) quarter, SWKS officials targeted first-quarter profit -- excluding items -- of 15 to 17 cents per share.

Continue reading An 11th stock under $10: Skyworks Solutions

An 11th stock under $10: Skyworks Solutions originally appeared on BloggingStocks on Thu, 29 Nov 2007 17:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStockscheap stocksCheapStocksinvestingstock picksStockPicksstocks to buystocks under $10StocksToBuyStocksUnder$10SWKSThu, 29 Nov 2007 17:35:00 EST<![CDATA[10 Stocks Under $10: Allos Therapeutics (ALTH)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-allos-therapeutics-alth/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-allos-therapeutics-alth/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-allos-therapeutics-alth/#commentsFiled under: , , ,

It's time to wrap up our list of 10 stocks under $10. The list was culled from a large grouping of momentum names that have outperformed on a relative-strength basis during the short and intermediate term. The selection was filtered to eliminate any stocks trading above the $10 region, naturally, and then adjusted for other fundamental, technical, and sentiment factors. I hope you've had fun learning about some potential bargains for your portfolio and hearing the stories behind some equities that you've likely not come across in your daily investing research.

The last entry (and these have been in no particular order, by the way) is Allos Therapeutics (NASDAQ: ALTH). The pharmaceutical company is hard at work on technology that improves existing cancer medications. According to Hoovers Online, ALTH's current lead drug candidate -- PDX -- is in trials to combat T-cell lymphoma. Some of the firm's other proposed treatments work to fight solid tumors and lymphoma.

Continue reading 10 Stocks Under $10: Allos Therapeutics (ALTH)

10 Stocks Under $10: Allos Therapeutics (ALTH) originally appeared on BloggingStocks on Thu, 29 Nov 2007 15:58:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10ALTHbargain stocksBargainStockscheap stocksCheapStocksinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 15:58:00 EST<![CDATA[10 Stocks Under $10: General Moly (GMO)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-general-moly-gmo/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-general-moly-gmo/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-general-moly-gmo/#commentsFiled under: , , ,

General Moly (AMEX: GMO) is a mining company that specializes in mineral development and exploration in central Nevada. On November 19, the company announced a strategic alliance with ArcelorMittal (NYSE: MT), which includes MT's purchase of 8.2 million shares at $8.50 per share, for a net investment of about $70 million. After this transaction, MT will own roughly 12.6% of GMO's outstanding shares. GMO will in turn supply approximately 6.5 million pounds of molybdenum each year for five years once its Mt. Hope deposit begins production.

GMO shares have been moving higher since February, when they collided into their 10-month and 20-month moving averages after months of sideways consolidation. Since this impact, the stock has nearly quadrupled in value to hit a new all-time high.

Currently, from a shorter-term perspective, the stock is pulling back to test double-barreled support around the $8.50 level. Not only is this the site of the security's July 2007 valuation (former resistance can come back and serve as support), but it is currently home to GMO's rising 10-day moving average as well.

Continue reading 10 Stocks Under $10: General Moly (GMO)

10 Stocks Under $10: General Moly (GMO) originally appeared on BloggingStocks on Thu, 29 Nov 2007 15:03:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStockscheap stocksCheapStocksGMOinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 15:03:00 EST<![CDATA[10 Stocks Under $10: Ampal-American Israel (AMPL)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-ampal-american-israel-ampl/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-ampal-american-israel-ampl/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-ampal-american-israel-ampl/#commentsFiled under: , , , ,

Ampal-American Israel (NASDAQ: AMPL) is a Massachusetts-based holding company with interest in more than a dozen Israeli and Israeli-related firms. The company's niche business is commercial real estate and the leisure industry, including retail outlets. Earnings at AMPL jumped to $11.9 million in the third quarter -- or 22 cents per diluted share -- compared to the net loss of $1.8 million swallowed in the previous year.

AMPL shares have moved 47% higher in the past 52 weeks, compared to a 4% increase in the S&P 500 Index. The equity's relative-strength showing has indeed been stellar, and has improved as well during the last several weeks. Since September 18, AMPL shares have ridden their 10-day and 20-day moving averages higher to post a gain of 33% in slightly more than 2 months. The recent market pullback has had little impact on the shares, which have continued higher even while the broader market has stumbled.

Daily relative strength, AMPL versus the S&P 500 Index, since January 2007

Continue reading 10 Stocks Under $10: Ampal-American Israel (AMPL)

10 Stocks Under $10: Ampal-American Israel (AMPL) originally appeared on BloggingStocks on Thu, 29 Nov 2007 13:11:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10amplbargain stocksBargainStockscheap stocksCheapStocksinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 13:11:00 EST<![CDATA[10 Stocks Under $10: Art Technology Group (ARTG)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-art-technology-group-artg/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-art-technology-group-artg/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-art-technology-group-artg/#commentsFiled under: , , ,

Art Technology Group (NASDAQ: ARTG) dabbles in the fine art of business, providing software that helps with customer-service needs, including online-sales management. Included on the firm's roster of past and present clients are Best Buy (NYSE: BBY), Citibank (NYSE: C), and Target (NYSE: TGT).

When the company last visited the earnings confessional in late October, it reported a 64% jump in revenue to $35.9 million, thanks in large part to gains in services revenue. For fiscal 2007, ARTG expects to bank revenue of $130 million to $133 million, with a small net loss of $5 million to $7 million expected for the full year as well.

For much of the past decade, ARTG has struggled in penny-stock territory. From early 2002 through early 2006, the stock enjoyed precious little movement north of the $2.00 zone. Currently, thanks to some recent solid price action, ARTG shares are trading in territory not explored in nearly six years. In the wake of last month's earnings report, the stock spiked higher to overtake its April 2006 peak and pass the $4.00 level.

Continue reading 10 Stocks Under $10: Art Technology Group (ARTG)

10 Stocks Under $10: Art Technology Group (ARTG) originally appeared on BloggingStocks on Thu, 29 Nov 2007 12:33:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10artgbargain stocksBargainStockscheap stocksCheapStocksinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 12:33:00 EST<![CDATA[10 Stocks Under $10: Incyte (INCY)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-incyte-incy/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-incyte-incy/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-incyte-incy/#commentsFiled under: , , ,

Incyte Corp. (NASDAQ: INCY) is our next pick from the single-digit sect, and it's not a play for the squeamish. The company is part of the frequently volatile biotechnology industry, and focuses its efforts on drugs that inhibit specific enzymes thought to cause cancer, diabetes, and other serious maladies. After abandoning its DFC medication, designed to help patients with HIV, the company has focused its efforts on a number of other treatments in the pipeline. A successful clinical trial could result in impressive gains in the stock, while another disappointment could send the shares unraveling.

But for now, the stock looks like a nice potential play for an aggressive trader. The stock has been in rally mode since early August, aside from a slight pullback that petered out a few weeks ago. From early August through mid-November, INCY shares had increased more than 80% and toppled several layers of technical resistance.

Currently, the stock is consolidating some of its recent gains as it tests its 10-week moving average. This trendline coincides with chart support at the $8.00 mark, representing the equity's April 27 peak. This level served as resistance seven months ago but may reverse roles and act as support this time around, especially as its presence is bolstered by the 10-week trendline.

Continue reading 10 Stocks Under $10: Incyte (INCY)

10 Stocks Under $10: Incyte (INCY) originally appeared on BloggingStocks on Thu, 29 Nov 2007 11:57:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStockscheap stocksCheapStocksINCYinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 11:57:00 EST<![CDATA[10 Stocks Under $10: Medical Staffing Network Holdings (MRN)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-medical-staffing-network-holdings-mrn/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-medical-staffing-network-holdings-mrn/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-medical-staffing-network-holdings-mrn/#commentsFiled under: , , ,

With a name like Medical Staffing Network Holdings (NYSE: MRN), it's easy to guess what the company's core business is. MRN coordinates with temporary nurses and other medical support staff and places them where needed, such as hospitals and nursing homes. In the past 12 months, the company has posted year-over-year revenue growth of about 60%.

In terms of relative strength, MRN is among the most potent names on this grouping of single-digit stocks, especially in the short term. Compared to the broad-market-tracking S&P 500 Index, the stock has outperformed by a margin of nearly 135% in the past 20 trading days. Relative strength for the 40-day and 60-day periods is impressive as well.

Continue reading 10 Stocks Under $10: Medical Staffing Network Holdings (MRN)

10 Stocks Under $10: Medical Staffing Network Holdings (MRN) originally appeared on BloggingStocks on Thu, 29 Nov 2007 11:11:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStockscheap stocksCheapStocksinvestingMRNstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 11:11:00 EST<![CDATA[10 stocks under $10: Brigham Exploration (BEXP)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-brigham-exploration-bexp/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-brigham-exploration-bexp/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-brigham-exploration-bexp/#commentsFiled under: , , ,

Brigham Exploration (NASDAQ: BEXP) explores for oil and gas across the Anadarko Basin, the Texas Gulf Coast, and West Texas. According to Hoover's, since its founding in 1990, the company has drilled more than 731 wells. Additionally, BEXP was one of the first small independent exploration/production concerns to utilize 3-D seismic imaging technology in its business.

On November 6, BEXP reported third-quarter earnings (before items) of 8 cents per share as revenue jumped 20% to $31.1 million. Analysts were expecting per-share results of 6 cents on $31 million in sales.

Since forming a bottom around the $4.20 level in early August, BEXP has shot solidly higher along the support of its 10-day and 20-day moving averages. This rally has additionally enabled the stock to muscle above its 20-month (200-day) moving average. In fact, the stock ended October above this trendline, the first such monthly close north of this threshold since December 2006.

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10 stocks under $10: Brigham Exploration (BEXP) originally appeared on BloggingStocks on Thu, 29 Nov 2007 10:47:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain huntingbargain stocksBargainHuntingBargainStocksbexpcheap stocksCheapStocksinvestingstocks to buyStocksToBuyThu, 29 Nov 2007 10:47:00 EST<![CDATA[10 stocks under $10: CBIZ Inc. (CBZ)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-cbiz-inc-cbz/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-cbiz-inc-cbz/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-cbiz-inc-cbz/#commentsFiled under: , , , ,

Cleveland-based CBIZ Inc. (NYSE: CBZ) offers its services to companies that prefer to outsource some services such as tax preparation, insurance and benefits administration, and IT consulting. The stock has been a strong momentum name in recent months, steadily rising 37% higher since early August. During this monster uptrend, the stock has successfully held the support of its 10-day and 20-day moving averages.

Last Friday (11/16), CBZ overcame its May 2006 peak to topple double-top resistance and hit its highest level since December 1999. Indeed, the shares haven't traded out of single-digit territory since last millennium, but the time could be nigh. In fact, the 10 threshold is less than 10% away.

Daily chart of CBZ since August 2007 with 20-day moving average

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10 stocks under $10: CBIZ Inc. (CBZ) originally appeared on BloggingStocks on Thu, 29 Nov 2007 10:02:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStockscbzcheap stocksCheapStocksinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 10:02:00 EST<![CDATA[10 stocks under $10: TriQuint Semiconductor (TQNT)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-triquint-semiconductor-tqnt/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-triquint-semiconductor-tqnt/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-triquint-semiconductor-tqnt/#commentsFiled under: , , ,

TriQuint SemiconductorAs its name would imply, TriQuint Semiconductor (NASDAQ: TQNT) is in the chips business. The company maintains a niche in the competitive field by using materials other than silicon to manufacture circuits for use in cell phones, fiber-optic equipment, and other technology. Specifically, TQNT manufacturers its devices with gallium arsenide (GaAs), which can operate faster and more efficiently than its silicon rivals.

After a rough fall from the top along with the rest of the technology sector during the early part of the decade, TQNT has started to show some renewed strength. The equity's relative strength compared to the S&P 500 Index has been impressive of late, with the shares outperforming the broader market since early April.

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10 stocks under $10: TriQuint Semiconductor (TQNT) originally appeared on BloggingStocks on Thu, 29 Nov 2007 09:41:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStockscheap stocksCheapStocksinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10TQNTThu, 29 Nov 2007 09:41:00 EST<![CDATA[10 stocks under $10: Bruker BioSciences (BRKR)]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-bruker-biosciences-brkr/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-bruker-biosciences-brkr/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-bruker-biosciences-brkr/#commentsFiled under: , ,

Bruker BioSciences (NASDAQ: BRKR) logo To keep below the $10 threshold on our first pick, investors may need to get in while the getting is good. Bruker BioSciences (NASDAQ: BRKR) is growing ever-closer to double-digit territory, and now may be the opportune time to open a position. The company develops and manufactures equipment and tools for use in the pharmaceutical and biotechnology fields.

During the past year, sales have grown by nearly 47%. At the company's last earnings report on October 29, the firm said net income jumped to $8.66 million, or 8 cents per share, from $2.98 million (3 cents per share) in the year-ago period. Excluding items, BRKR banked 6 cents per share, or a penny better than Wall Street's consensus estimate.

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10 stocks under $10: Bruker BioSciences (BRKR) originally appeared on BloggingStocks on Thu, 29 Nov 2007 08:43:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>10 stocks under $1010StocksUnder$10bargain stocksBargainStocksbrkrcheap stocksCheapStocksinvestingstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 08:43:00 EST<![CDATA[10 stocks under $10: A bargain hunt for your portfolio]]>http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-a-bargain-hunt-for-your-portfolio/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-a-bargain-hunt-for-your-portfolio/http://www.bloggingstocks.com/2007/11/29/10-stocks-under-10-a-bargain-hunt-for-your-portfolio/#commentsFiled under: , ,

One of Thomas Jefferson's "Ten Rules" is: "Never buy what you don't want because it is cheap." I've had plenty of $8 shirts and $3 CDs that serve as haunting reminders of this axiom. (Marky Mark and the Funky Bunch? Oh, who am I kidding ... I did want that).

But there's a time and a place for a good bargain. Finding out your local museum offers free visits. Going out to eat on weeknights to score bargain prix-fixe dinners. Taking advantage of the day-after-Thanksgiving sales, torturous though they are.

The same wisdom applies to stock trading. An investor shouldn't scoop up 100 shares of company XYZ just because its price looks like a steal (it could, after all, be cheap for a reason). But there are single-digit stocks that happen to be beckoning for a breakout or ripe for a recovery. Move in at the right time, and you could wind up with a hidden gem for a bargain price ... just like my Marky Mark CD.

In the next few days, I'll be looking at 10 stocks below the $10 threshold that look like decent plays right now. Some will be short-term opportunities; others will be better suited for those who prefer to buy and hold. Naturally, these stocks probably won't all be winners -- consider some on par with those unworn clearance-rack shirts I've long since taken to Goodwill. But for those who say sub-$10 stocks aren't worth the certificates they are printed on, you may just learn something.

Beth Gaston Moon is an analyst at Schaeffer's Investment Research.

10 stocks under $10: A bargain hunt for your portfolio originally appeared on BloggingStocks on Thu, 29 Nov 2007 07:36:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bargain huntingBargainHuntingcheap stocksCheapStocksinvestingpenny stocksPennyStocksportfolio managementPortfolioManagementstocks to buystocks under $10StocksToBuyStocksUnder$10Thu, 29 Nov 2007 07:36:00 EST