"According to the Spectrem Group, which recently polled the country's wealthiest people, they're the most optimistic they've been in months," says Marc Lichtenfeld.

The contributing editor to Investment U explains, "Let's take a look at 3 stocks that millionaires (and aspiring ones) should pay attention to: Apple (AAPL), Bristol-Myers Squibb (BMY) and Varian Medical Systems (VAR).

"And according to Fidelity, 83% of millionaires surveyed said the financial crisis did not shake their confidence in investing. And of those who said they'll invest more money in the stock market, nearly 60% of them plan to buy technology stocks. And just under half expect to acquire pharmaceutical and healthcare stocks.

Continue reading Three Favorite Stocks of Wealthy Investors

Three Favorite Stocks of Wealthy Investors originally appeared on BloggingStocks on Wed, 23 Mar 2011 15:30:00 EST. Please see our terms for use of feeds.

"So far this year, 36 U.S.-traded stocks have declared stock splits, nearly triple the amount from all of last year," says Richard Moroney.

The editor of Dow Theory Forecasts -- an advisorty service that has focused on blue chip stocks for over 50 years -- explains, "We have reviewed stocks that have climbed to within 25% of the price of their last split. Below, we review four of these stocks, all potential stock-split candidates: Apple (AAPL), Lubrizol (LZ), TJX (TJX) and Varian Medical Systems (VAR).

"Is an increase in stock splits important? After all, stock splits have no fundamental impact on a company, neither creating nor destroying value.

Continue reading Four Potential Split Candidates: Apple, Lubrizol, TJX, Varian Medical

Four Potential Split Candidates: Apple, Lubrizol, TJX, Varian Medical originally appeared on BloggingStocks on Wed, 15 Sep 2010 13:00:00 EST. Please see our terms for use of feeds.

Two growth stock specialists have turned bullish on the prospects for medical equipment maker Varian Medical Systems (VAR), despite uncertainty surrounding health care legislation.

Here's a look at the company from Louis Basenese, senior analyst with The Oxford Club, along with commentary from Mark Skousen, from his specialty service, The Turnaround Alert.

Mark Skousen suggests, "One stock that should benefit from 'ObamaCare' is Varian Medical Systems, the world's leader in radiation technology and X-ray imaging.

Continue reading X-ray gains: Experts eye Varian Medical (VAR)

X-ray gains: Experts eye Varian Medical (VAR) originally appeared on BloggingStocks on Tue, 08 Dec 2009 12:30:00 EST. Please see our terms for use of feeds.

Varian Medical Systems (NYSE: VAR) manufactures medical devices for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy. The company also provides X-ray detectors for industrial/security applications and software for managing radiotherapy centers. The firm has manufacturing sites in North America, Europe and China and operates some 60 sales/support offices around the world.

Varian pleased investors last week, when it reported Q3 EPS of 58 cents and revenues of $513 million. Analysts had been looking for 46 cents and $480.3 million. The CEO noted that faster than expected acceptance of Varian's oncology products was a major factor leading to the successful quarter. Management also guided FY08 EPS to about $2.23 ($2.11 consensus) and FY08 revenues to about $2.08-$2.096 billion ($2.05B consensus). Needham and Lazard Capital subsequently reiterated "buy" ratings on the shares.

Continue reading Varian Medical Systems (VAR): Shares defining bullish 'pennant' consolidation

Varian Medical Systems (VAR): Shares defining bullish 'pennant' consolidation originally appeared on BloggingStocks on Fri, 01 Aug 2008 12:53:00 EST. Please see our terms for use of feeds.