SJM posts
FeedPosted Mar 8th 2011 4:40PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy

The J.M. Smucker Compan's (
SJM) shares, which I first wrote about on May 29, 2009 at a price of $40.26, have jumped above $70, and if you haven't already, now may be a good time to consider taking some profits off the table with SJM if you're in at/near $40.
However, those investors who can tolerate the risk can consider maintaining their full SJM position, to go for an even bigger gain.
Look for Smucker to post a healthy, 5-7% revenue gain in 2011, boosted by the addition of the Folgers coffee brand.
Continue reading J.M. Smucker Hurdles Above $70
Posted Feb 17th 2011 8:30AM by Jason Raznick (RSS feed)
Filed under: Before the Bell, Earnings Reports, Genzyme (GENZ)
U.S. stock futures are slightly lower this morning, as investors await data on jobless claims and consumer prices. Futures on the Dow Jones Industrial Average dropped 2 points to 12,250, while S&P 500 futures dropped 0.90 point to 1,332. Nasdaq 100 futures fell 1.50 points to 2,391.
European markets were mixed today. STOXX Europe 600 Index has gained 0.07%, while London's FTSE 100 Index moved down 0.09%.
Asian markets ended higher, with Japan's Nikkei Stock Average gaining 0.26%, Australia's S&P/ASX 200 moving up 0.15% and China's Shanghai Composite gaining 0.11%.
Continue reading U.S. Futures Down Slightly as Investors Await Jobless Claims
Posted Feb 13th 2011 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Dell (DELL), Marriott Intl'A' (MAR), Nordstrom, Inc (JWN)
We're well into the quarter now and the earnings reports continue to roll out.
This week, Dell (DELL) highlights a handful of results from tech companies. Analysts surveyed by Thomson Reuters are looking for fourth-quarter earnings of 37 cents per share from the one of the world's top PC purveyors. That's up from 28 cents per share during the same period a year ago. Dell also is expected to report its revenue grew 5.5% year over year to $15.7 billion, for the three months that ended in January.
Continue reading Week in Preview: Mid-Quarter Earnings (DELL, SJM, MAR, JWN)
Posted Aug 2nd 2010 11:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Coca-Cola (KO), News Corp'B' (NWS), Texas Instruments (TXN), Analyst Initiations, Genzyme (GENZ)
Analyst Upgrades
- JPMorgan upgraded Coca-Cola (KO) to overweight from neutral due to valuation and expectations that developed market volume should improve. The firm raised its target price for shares to $66.
- BB&T upgraded Nordson (NDSN) to buy from hold and has an $82 price target on the stock. The firm believes certain drivers of Nordson's Advanced Tech unit are becoming more secular vs. cyclical and that the company's EBIT margins can go higher.
- Credit Suisse upgraded Embraer (ERJ) to outperform from underperform, citing the positive announcements from the Famborough Air Show. The firm raised its price target to $37 from $21.
- Universal Health (UHS) was upgraded to outperform from sector perform at RBC Capital.
- Mead Johnson (MJN) was upgraded to conviction buy from buy at Goldman.
- Coventry Health (CVH) was upgraded to outperform from market perform at Leerink.
Continue reading Analyst Calls: ALU, CHL, EXC, GENZ, KO, NDSN, NSW, SJM, TXN ...
Posted Jun 17th 2010 5:00PM by Steven Mallas (RSS feed)
Filed under: Earnings Reports, ConAgra Foods (CAG), Kraft Foods'A' (KFT)
The J.M. Smucker Company (SJM), whose related companies include ConAgra Foods, Inc. (CAG) and Kraft Company Inc. (KFT), is rallying this afternoon following an earnings report. With a little more than three hours to go before the closing bell, shares of the business famous for its jelly products were up over 6% to $61.39. Volume should do well.
The 52-week high on the stock is $63.50, so this is one of those stocks that needs to be examined in light of the recent bearish tone of the markets. Although the chart isn't the best out there, I tend to view the relative stability of the equity as a positive element.
Continue reading Smucker Rises on Q4 News
Posted Jun 13th 2010 12:30PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts, Best Buy (BBY), FedEx Corp (FDX), Economic Data
Ostensible bellwether FedEx Corp. (FDX) is scheduled to step into the earnings spotlight this week. Analysts surveyed by Thomson Reuters on average expect this Memphis-based transportation and package delivery giant to report that its fiscal fourth-quarter earnings more than doubled from a year ago to $1.32 per share.
FedEx's revenue for the three months that ended in May is expected to total $9.0 billion, which is 15.2% higher than the same period of last year. FedEx's per-share earnings have not fallen short of consensus estimates in the past four quarters. The First Call recommendation of 23 analysts is to buy FDX and has been for more than 90 days. Shares have retreated from April's 52-week high of $97.75 and closed last week at $80.63.
Continue reading The Week in Preview: Earnings Spotlight on FedEx and Best Buy
Posted Feb 27th 2010 2:10PM by Trey Thoelcke (RSS feed)
Filed under: Home Depot (HD), Sirius Satellite Radio (SIRI), Revlon (REV), Target Corp. (TGT), Campbell Soup (CPB), Safeway Inc (SWY), Lowe's Cos (LOW), Nordstrom, Inc (JWN), Blackstone Group L.P (BX), Garmin Ltd (GRMN), DreamWorks Animation (DWA)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- American Public Education Inc. (APEI) received an analyst upgrade following the Q4 report and guidance.
- Autodesk Inc. (ADSK) traded higher after it reported swinging to a profit in Q4, but revenue declined year over year.
- Blackstone Group (BX) reported adjusted Q4 earnings, compared to a year-ago loss, and postive renvenue too.
- Campbell Soup Co. (CPB) higher Q2 earnings beat estimates, but shares fell on so-so revenue results.
- DreamWorks Animation SKG Inc. (DWA) lower Q4 earnings beat expectations but net income for the full year rose.
- Garmin Ltd. (GRMN) topped analysts' Q4 earnings expectations but shares fell after it warned of lower margins.
Continue reading Earnings Highlights: Campbell, Dreamworks, Home Depot, Safeway, Target ...
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