Ford (F) has been successfully solidifying its position in the Indian car market over the last year when it launched Ford Figo. Booming sales of the Ford Figo helped Ford India post a 184% growth in sales in 2010. This helped Ford compete globally with automakers like GM (GM), Daimler (DKX), Honda (HMC), Toyota (TM), Maruti Suzuki, Hyundai and others. We believe Ford's transformed position in India and its aggressive growth plans can provide significant upside potential to Ford's stock value.
We have a price estimate of $20.59, which is around 42% above the current market price.
Continue reading Ford's Investment in India Is Paying Off
General Motors (GM) faced immense problems during the financial crisis which hammered most of the U.S. automakers. With the help of the U.S. government, the company managed to restructure its business and emerge as a stronger company, even reporting a profit for the second half of 2010. The new GM commenced operations on July 10, 2009, after it completed the acquisition of substantially all of the assets and assumed certain liabilities of the old GM through a 363 Sale under the Bankruptcy Code. GM is now focusing its resources upon four core brands: Cadillac, GMC, Buick and Chevrolet and competes with players like Toyota (TM), Honda (HMC), Ford (F), Daimler, Volkswagen and Hyundai.
Continue reading GM Market Share Recovery Supports $45 Value
- Siemens (SI) to buy from hold at Deutsche Bank.
- Diamond Offshore (DO) to market perform from underperform at FBR Capital.
- MeadWestvaco (MWV) to conviction buy from neutral at Goldman.
- TD AmeriTrade (AMTD) and Cabot Oil & Gas (COG) to buy from neutral at BofA/Merrill.
- Janus Capital (JNS) to hold from sell at Citigroup.
- Motorola Mobility (MMI) to buy from neutral at UBS.
- Frontier Communications (FTR) to neutral from underperform at Macquarie.
- Humana (HUM) to buy from hold at Argus.
Continue reading Analyst Calls: AMTD, COG, DO, F, GM, HUM, LEA, MMI, NKE, SI, TRW ...
Sirius XM (SIRI) is the largest satellite radio company in United States. Sirius and XM merged in July 2008 to form Sirius XM Satellite Radio Inc. The company offers over 180 channels comprising of commercial free music, sports, talk shows, news stations amongst others. Sirius XM radio channels are mainly available in automobiles but can also be accessed over the Internet or through home stereos by using various accessories. The firm's satellite radios are primarily distributed through automakers, retail locations and through its website.
Sirius XM has ties with major automobile manufacturers such as Ford (F), General Motors (GM) and Toyota (TM). This helps drive its presence in the U.S. automobile space. In addition satellite radio services are also offered to customers of certain rental car companies.
Continue reading Coverage Launch: Sirius XM Radio
The bears were back in charge. Jobless claims rose again in the US, China's trade data was weak, headlines hit about demonstrators being fired upon in Saudi Arabia, and even lower oil prices failed to boost the mood. Treasury bond prices even rallied on a day when bond guru Bill Gross said he was effectively out of the Treasury buying now and on a day when we saw a record monthly government deficit, and gold was lower as the dollar rallied. Moody's also downgraded Spain yet again.
Here were today's closing bell levels:
Dow Jones 11,984.61 -228.48 (-1.87%)
S&P 500 1,295.11 -24.91 (-1.89%)
Nasdaq 2,701.02 -50.70 (-1.84%)
Continue reading Closing Bell: Bears Getting A Vote Again (STD, XOM, GM, GMCR, SBUX, HGSI, LEAP)
General Motors (GM
- option chain
) stock is trading lower today after company CFO Chris Liddell announced his resignation effective April 1
. GM posted four straight profitable quarters under Liddell and successfully pulled off a major IPO after repairing massive accounting issues. GM said Treasurer Dan Ammann will replace Liddell. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on GM.
This morning, GM opened at $31.47. So far today the stock has hit a high of $31.78 and a low of $30.95. As of 12:05, GM is trading at $31.51, down $0.74 (-2.3%). The chart for GM looks neutral and S&P
gives GM a neutral 3 STARS (out of 5) hold ranking.
Continue reading GM Announces Surprise CFO Resignation
Stocks tried to open positive today but geopolitics and oil kept things from being a solid win throughout the trading day. Oil's gain is spiking gasoline higher in local markets and soft commodities took a breather. Weekly jobless claims went back under the 400,000 mark again despite dollar weakness, but new home sales
were down by the double-digits again.
Here were today's unofficial closing bell levels:
Dow Jones 12,068.50 -37.28 (-0.31%)
S&P 500 1,306.10 -1.30 (-0.10%)
Nasdaq 2,737.90 +14.91 (0.55%)
Top Analyst Calls
Continue reading Closing Bell: Bull & Bears Still Fight For Show (GM, HPQ, SLXP, TM, TGT, UAL)
Time for a second look at General Motors Company (GM), first discussed in this space on November 11, 2010, shortly after its IPO.
And the view remains -- stand aside.
Like most new and/or restructured companies, GM needs to amass at least four, and preferably eight quarters of earnings history under its belt, before one can form a meaningful analysis regarding the company's prospects. Of course, there are exceptions, but these are rare. But GM is not one.
Continue reading General Motors: For Now, Stand Aside
Teams have been preparing their game plans and it's time to see which of the 60 teams will win. No, not the Packers or Steelers -- Go Pack! -- but PepsiCo (PEP), Anheuser-Busch (BUD), General Motors (GM) and all the other companies competing for the best spots in one of TV's most expensive marketing moments, costing an estimated $3 million dollars per 30 second spot.
For those not into football, the ads in the Super Bowl game can be more amusing than the game itself as advertising teams compete for attention, show their best efforts and even get rated by numerous online sites. Last year, Doritos (owned by PepsiCo), and E-Trade (ETFC) did well, and Anheuser-Busch seems to always have a Clydesdale horse in the running.
Continue reading Who Will Win the Super Bowl Ad Game This Year?
For private equity firms, there was much anticipation of the Nielsen (NLSN) IPO. These funds spent huge amounts from 2002 to 2007 on buyouts and they want to get some liquidity, as well as pay down debt.
Well, based on today's trading, private equity firms should definitely be optimistic. Nielsen priced its IPO at $23, which was above its $20 to $22 price range (raising about $1.9 billion). The stock is now up to $25. In fact, this is the biggest private-equity IPO since 2006.
Continue reading Nielsen IPO Gets a Good Rating from Investors
All investors start at the beginning. They know very little, maybe nothing, but they see the stock market can make them money, big money. It can also take all their money and never even say thank you. If you're just starting out as an investor, follow these guidelines to help you minimize your mistakes and maximize your money.
First, understand that you are stepping into a world many have spent decades deciphering. You are a novice. You know nothing about the landmines that lie beneath. There are many and they can (and will) explode at any moment, usually the moments when you least expect them. Investing is fraught with danger like bankruptcies (even huge companies ... see GM), crooked management (very rare but when caught, very expensive ... to you), and many other disappointments that will cause sleepless nights. Scared? Good. You should be. Now you're in the right frame of mind.
Continue reading Comfort Zone Investing: The Path to Investing Wisdom
"We have a bent towards growth companies, with new products or services that are producing major sales and earnings growth; nevertheless, we're also students of the market, and we believe that the recent 're-IPO' at General Motors (GM) provides a big opportunity for investors," says Mike Cintolo.
The editor of Cabot Market Letter explains, "Granted, we're not going to predict that the stock is going to triple or quadruple; we're talking about a company with well over $100 billion in annual revenue.
Continue reading General Motors (GM): Old Company, New Stock
Economies go in cycles. They push to their breaking points, then move in the opposite direction. We saw it clearly in the '90s when there was no end to up (except there was and we abruptly hit it in 2000). In 2008, it felt like there was no end to down. But we now know there is. Things are picking up, and there are numbers to prove it.
Don't be the last to figure out we're in an economic recovery. Sitting on the sidelines, waiting for one more chance to buy a stock at the bargain price you saw in March of 2009 isn't going to happen. Times have changed. The U.S. economy is on the mend.
Continue reading Comfort Zone Investing: Can You Feel the Pendulum Swinging?
December is traditionally a slow month for auto sales. Most people are caught up with holiday shopping and tend to put off large purchases.
This year was different. December auto sales were higher for most makers, Toyota being the exception. Here are the numbers by company, as reported by CNNMoney:
Continue reading Strong December Auto Sales Raise Hopes for 2011
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