FreightcarAmerica posts
FeedPosted Oct 5th 2007 4:25PM by Barry Summerlin (RSS feed)
Filed under: General Electric (GE), Starbucks (SBUX), Coca-Cola (KO), Market matters, Target Corp. (TGT), Bank of America (BAC), Boeing Co (BA), Huaneng Power Intl ADS (HNP), Anadarko Petroleum (APC), Stocks to Buy,
Back on August 16, with the Dow opening under 13,000 for the first time since April, our BloggingStocks experts outlined a number of stock plays to ride out this volatile market. Picks ranged from Dow components and other household names to obscure business-to-business giants and foreign market leaders. Here, we review our picks weekly.In the seventh week since our Volatile Markets stock recommendations, only a few of our picks have seen significant movement.
After stalling last week, South Korean steelmaker
Posco (NYSE:
PKX), has jumped another $7.39. The 4.08% gain brings Peter Cohan's tip to
$188.52, 52.02% higher than its August 16 opening price of $124.01.
Sheldon Liber's recommendation,
Huaneng Power International Inc. (NYSE:
HNP), gave back some of last week's 18.08% gain this week. Despite the Chinese utility's 6.53% knock, Huaneng still stands a formidable
30.40% higher since our volatile markets feature ran.
Continue reading Volatile Markets: Checking our stock picks, Week 7
Posted Sep 28th 2007 11:55AM by Barry Summerlin (RSS feed)
Filed under: General Electric (GE), Starbucks (SBUX), Coca-Cola (KO), Market matters, Target Corp. (TGT), Bank of America (BAC), Boeing Co (BA), Huaneng Power Intl ADS (HNP), Anadarko Petroleum (APC), Stocks to Buy,
Back on August 16, with the Dow opening under 13,000 for the first time since April, our BloggingStocks experts outlined a number of stock plays to ride out this volatile market. Picks ranged from Dow components and other household names to obscure business-to-business giants and foreign market leaders. Here, we review our picks weekly.Week six was rough for a couple of our stock picks -- chiefly
Target Corp. (NYSE:
TGT) -- but
Huaneng Power International Inc. (NYSE:
HNP) just had a
phenomenal week. Read on.
Posco (NYSE:
PKX)'s gains have tapered a bit -- Peter Cohan's pick followed up last week's 10.41% run with a modest 1.30% rise this week. Still, just six weeks since our Volatile Markets feature, the South Korean steelmaker stands
46.06% higher! Incredible.
This week's big story, however, is
Huaneng Power International Inc. (NYSE:
HNP), recommended by Sheldon Liber. The Chinese utility nearly doubled its gains as of last week,
shooting 18.08% higher, closing Thursday
up 39.51% in the last six weeks! Continue reading Volatile Markets: Checking our stock picks - Week 6
Posted Sep 20th 2007 7:05PM by Barry Summerlin (RSS feed)
Filed under: General Electric (GE), Starbucks (SBUX), Coca-Cola (KO), Market matters, Target Corp. (TGT), Bank of America (BAC), Boeing Co (BA), Huaneng Power Intl ADS (HNP), Anadarko Petroleum (APC), Stocks to Buy
Back on August 16, with the Dow opening under 13,000 for the first time since April, our BloggingStocks experts outlined a number of stock plays to ride out this volatile market. Picks ranged from Dow components and other household names to obscure business-to-business giants and foreign market leaders. Here, we review our picks weekly.Wow! I hope you looked into Peter Cohan's pick,
Posco (NYSE:
PKX), when our feature ran. Like a broken record, again I ask how long the South Korean steelmaker can continue these fantastic gains --
44.37% higher in just five weeks! Even if you bought in last week,
you'd already be up 10.41%. Phenomenal.
Also performing handily are two of Sheldon Liber's picks,
Huaneng Power International Inc. (NYSE:
HNP) and
Anadarko Petroleum (NYSE:
APC). China's Huaneng rose 1 1/2% since last week to close at $44.99 Thursday, putting it up 18.43% since our virtual purchase August 16. Texas energy concern Anadarko has gushed 4.48% higher since last Thursday, climbing to $52.96, a total gain of 11.54% since our August 16 Volatile Markets feature.
Continue reading Volatile Markets: Checking our stock picks - Week 5
Posted Aug 31st 2007 4:00PM by Barry Summerlin (RSS feed)
Filed under: General Electric (GE), Starbucks (SBUX), Coca-Cola (KO), China, Market matters, Target Corp. (TGT), Bank of America (BAC), Boeing Co (BA), Huaneng Power Intl ADS (HNP), Anadarko Petroleum (APC), Personal finance, Stocks to Buy
Back on August 16, with the Dow opening under 13,000 for the first time since April, our BloggingStocks experts outlined a number of
stock plays to ride out this volatile market. Picks ranged from Dow components and other household names to obscure business-to-business giants and foreign market leaders.
It goes without saying that it's pretty early to begin seriously evaluating our recommendations, but there's no harm in checking in on our stock plays.
Some performed better than others, obviously,
but we happily report that
all of our picks have gained since the feature ran!
Seven picks are beating the Dow, which has gained about 2.95% since its August 15 close.
One pick, Starbucks, is
behind the Dow but
ahead of the Nasdaq Composite Index, while
three are trailing the Nasdaq.
Sheldon Liber's pick,
Huaneng Power International Inc. (NYSE:
HNP), leads the pack, despite one
analyst's downgrade of China's top energy utility
one day after our stock picks ran. Shares of HNP closed Thursday at $45.62, climbing 20.0% from $37.99 in the two weeks following the volatile-market feature.
Continue reading Volatile Markets: Checking our stock picks - Week 2
Posted Aug 17th 2007 9:50AM by Kevin Kelly (RSS feed)
Filed under: Rants and raves, Stocks to Sell
BloggingStocks recently ran a series of posts called "Stocks for a Volatile Market" in which I argued that shoe maker Steven Madden (NASDAQ: SHOO) was currently priced with much less worthy peers (lower margins, most notably) and loaded with free options and potential catalysts.
While I thought that many of my team's posts made great sense, I take great issue to Sheldon Liber's post on FreightCar America (NASDAQ: RAIL). I have no issues with Sheldon's long term investment record, investing philosophy, or most of his ideas, but I think that this post had several great problems.
Most importantly, Sheldon seemed to purposely neglect considering the future potential of this company by saying that he focuses "not forward projections and guessing, but real facts. It is way too hard to predict the future." But therein lies the entire problem, he neglected the fact that he was looking at an absolute cyclical peak in operations for the company!
He then cited the metrics for the stock (emphasis his): "The P/E is 5.51, the P/S is 0.49, IT HAS ZERO DEBT!, with an ROE and ROI of 87 and an ROA of 47 - that's incredible!"
Continue reading Valuing FreightCar with peak earnings -- a recipe for disappointment
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