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[Analyst Calls: ANF, BBBY, CIEN, CP, EXPE, ICE, NVDA, QCOM, SONC ...]]>http://www.bloggingstocks.com/2011/03/08/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/03/08/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/03/08/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , ,

Analyst Upgrades

  • Expedia (EXPE) to buy from hold at Citigroup.
  • Weatherford (WFT) to outperform from market perform at Wells Fargo.
  • Abercrombie & Fitch (ANF) to buy from neutral at BofA/Merrill.
  • MDC Holdings (MDC) to outperform from neutral at Credit Suisse.
  • AutoNavi (AMAP) to buy from neutral at Goldman.
  • Ciena (CIEN) and Nvidia (NVDA) to neutral from underweight at JPMorgan.
  • Canadian Pacific (CP) to outperform from market perform at Raymond James.
  • First Midwest (FMBI) and Quiksilver (ZQK) to buy from hold at Jefferies.
  • Sonic (SONC) to neutral from negative at Susquehanna.
  • MIPS Technologies (MIPS) to buy from hold at Benchmark Co.
  • Arrow Electronics (ARW) and Avnet (AVT) to buy from hold at Stifel Nicolaus.

Continue reading Analyst Calls: ANF, BBBY, CIEN, CP, EXPE, ICE, NVDA, QCOM, SONC ...

Analyst Calls: ANF, BBBY, CIEN, CP, EXPE, ICE, NVDA, QCOM, SONC ... originally appeared on BloggingStocks on Tue, 08 Mar 2011 11:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AbercrombieAMAPanalyst upgradesANFARWAutoNaviAvnetAVTBBBYBed Bath and BeyondCanadian PacificCELGCelgeneChipotleCIENCienaCMGCPDMDdowngradesExpeExpediaFMBIHKHOGSICEinitiationsinthenewsISLEIsle of CapriLBTYAMDCMIPSNVDANvidiaPetrohawkQCOMQualcommQuiksilverSNVSONCSonicSynovusTranS1Trina SolarTSLTSONVertexVirgin MediaVMEDVRTXWeatherfordWFTZhongpinZQKTue, 08 Mar 2011 11:40:00 EST<![CDATA[Weatherford International Discloses Huge Tax Errors]]>http://www.bloggingstocks.com/2011/03/02/weatherford-international-discloses-huge-tax-errors/http://www.bloggingstocks.com/2011/03/02/weatherford-international-discloses-huge-tax-errors/http://www.bloggingstocks.com/2011/03/02/weatherford-international-discloses-huge-tax-errors/#commentsFiled under: , , ,

WFT logoWeatherford International (WFT - option chain) stock is trading lower today after the company disclosed last night errors in its tax accounting. These errors will lead to adjustments of $100 million to $150 million to its historical financial statements in each year from 2007 to 2010. 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 WFT.

This morning, WFT opened at $19.77. So far today the stock has hit a high of $22.31 and a low of $19.56. As of 12:25, WFT is trading at $20.81, down $2.71 (-11.5%). The chart for WFT looks neutral and S&P gives WFT a neutral 3 STARS (out of 5) hold ranking.

Continue reading Weatherford International Discloses Huge Tax Errors

Weatherford International Discloses Huge Tax Errors originally appeared on BloggingStocks on Wed, 02 Mar 2011 13:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsInvestors ObserveroptionsTaxesWeatherford InternationalWFTWed, 02 Mar 2011 13:40:00 EST<![CDATA[Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ...]]>http://www.bloggingstocks.com/2011/01/11/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/11/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2011/01/11/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , ,

Analyst Upgrades

  • Hewlett-Packard (HPQ) to buy from neutral at UBS.
  • Fluor (FLR) to overweight from neutral at JPMorgan.
  • Macy's (M) to outperform from neutral at Credit Suisse.
  • Canadian Solar (CSIQ), JA Solar (JASO) and HeartWare (HTWR) to buy from hold at Auriga.
  • Ashford Hospitality (AHT) to outperform from market perform at FBR Capital.
  • RenaissanceRe (RNR) to buy from neutral at Janney Capital.
  • DCT Industrial (DCT) to market perform from underperform at Wells Fargo.
  • Coeur d'Alene Mines (CDE) and Silver Standard (SSRI) to buy from hold at Deutsche Bank.
  • Weatherford (WFT), Hercules (HERO), GulfMark Offshore (GLF), Tidewater (TDW) and GlaxoSmithKline (GSK) to buy from hold, and Diamond Offshore (DO) to hold from underperform, at Jefferies.
  • Ritchie Bros. (RBA) to buy from neutral at BofA/Merrill.
  • AstraZeneca (AZN) to buy from hold at Citigroup.

Continue reading Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ...

Analyst Calls: AA, AMD, AMR, AZN, CIT, GSK, HPQ, M, NVDA, PCX, SPWRA ... originally appeared on BloggingStocks on Tue, 11 Jan 2011 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAACIAHTAlcoaAMDAMRanalyst upgradesAstraZenecaAYIAZNCDECITCSIQDCTDiamond OffshoreDOdowngradesFLRFluorFXCMGlaxoSmithKlineGLFGSKGulfMarkHEROHewlett-PackardHPQHYWRinitiationsinthenewsJASOLPXMMacysMassey EnergyMEEMindspeedMSPDMTNNVDANvidiaPanera BreadPatriot CoalPDEPNRARBARNRSeadrillSPWRASSRISunPowerTDWTexas RoadhouseTidewaterTXRHVail ResortsWFTWLTTue, 11 Jan 2011 11:00:00 EST<![CDATA[Analyst Calls: A, CQB, DDR, DF, LDK, NOC, RIMM, S, STRA, TTM, WDC ...]]>http://www.bloggingstocks.com/2010/10/28/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/28/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/28/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , ,

Analyst Upgrades

  • Barclays upgraded Western Digital (WDC) to overweight from equal weight.
  • LDK Solar (LDK) was upgraded to buy from hold at Needham.
  • Legg Mason (LM) was upgraded to outperform from neutral at Macquarie.
  • Agilent (A) was upgraded to buy from hold at Stifel Nicolaus.
  • Wells Fargo upgraded Dean Foods (DF) to outperform from market perform and Developers Diversified (DDR) to market perform from underperform.
  • Deutsche Bank also upgraded Developers Diversified, to buy from hold.
  • Northrop Grumman (NOC) was upgraded to sell from conviction sell at Goldman.
  • MYR Group (MYRG) was upgraded to buy from hold at BB&T.

Continue reading Analyst Calls: A, CQB, DDR, DF, LDK, NOC, RIMM, S, STRA, TTM, WDC ...

Analyst Calls: A, CQB, DDR, DF, LDK, NOC, RIMM, S, STRA, TTM, WDC ... originally appeared on BloggingStocks on Thu, 28 Oct 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AAgilentanalyst upgradesAvery DennisonAVYCaviumCAVMCDXSChiquitaCHRWCLNECodexisCQBDDRDean FoodsDFDOLEDole FoodsdowngradesEGNinitiationsinthenewsLDKLegg MasonLMMYRGNOCNorthrop GrummanOONXXPLDProLogisResearch In MotionRIMMSSprintSTRAStrayerTata MotorsTTMVitamin ShoppeVSIWDCWeatherfordWestern DigitalWFTThu, 28 Oct 2010 11:30:00 EST<![CDATA[Analyst Calls: ALTR, ATHN, C, CCL, HD, JBLU, LUV, MSFT, RCL ...]]>http://www.bloggingstocks.com/2010/10/25/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/25/analyst-upgrades-downgrades/http://www.bloggingstocks.com/2010/10/25/analyst-upgrades-downgrades/#commentsFiled under: , , , , , , , ,

Analyst Upgrades

  • Goldman upgraded Citigroup (C) to conviction buy from buy, Principal Financial (PFG) to buy from neutral, and Stancorp Financial (SFG) and Hartford Financial (HIG) to neutral from sell.
  • JetBlue (JBLU) was upgraded to overweight from neutral at JPMorgan.
  • Barclays upgraded Royal Caribbean (RCL) and Carnival (CCL) upgraded to overweight from equal weight.
  • Hollysys Automation (HOLI) was upgraded to buy from hold at Roth Capital.
  • RBC Capital upgraded Alliance Data Systems (ADS) to outperform from sector perform.
  • RRI Energy (RRI) was upgraded to buy from hold at Citigroup.

Continue reading Analyst Calls: ALTR, ATHN, C, CCL, HD, JBLU, LUV, MSFT, RCL ...

Analyst Calls: ALTR, ATHN, C, CCL, HD, JBLU, LUV, MSFT, RCL ... originally appeared on BloggingStocks on Mon, 25 Oct 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADSAlteraALTRanalyst upgradesANSSAPSGAthenahealthATHNCCalamosCarnivalCCLCitigroupCLMSdowngradesGOVHartfordHDHIGHollysysHome DepotinitiationsinthenewsIPCIPCMJBLUJetBlueLNCLUVMENTMicrosoftMSFTORNParexelPFGPLPRXLRCLRKTRock-TennRRISFGSouthwestWFTXilinxXLNXMon, 25 Oct 2010 11:30:00 EST<![CDATA[Cameron Stands to Benefit from Capped Leak]]>http://www.bloggingstocks.com/2010/07/16/cameron-stands-to-benefit-from-capped-leak/http://www.bloggingstocks.com/2010/07/16/cameron-stands-to-benefit-from-capped-leak/http://www.bloggingstocks.com/2010/07/16/cameron-stands-to-benefit-from-capped-leak/#commentsFiled under:

Oil is no longer flowing from the Deep Horizon well into the Gulf of Mexico, and investors are starting to take another look at the oil industry.

One oil stock that is standing out right now is Cameron International (CAM), which provides drilling systems and equipment -- like the now infamous blowout preventers.

Goldman Sachs just upgraded Cameron to a Buy rating and added the stock to its Conviction Buy List saying, "we expect Cameron to be one of the key beneficiaries of any renewed focus on oil services."

Continue reading Cameron Stands to Benefit from Capped Leak

Cameron Stands to Benefit from Capped Leak originally appeared on BloggingStocks on Fri, 16 Jul 2010 14:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>camcameron internationalconviction buy listgoldman sachsnationl oilwell varconovweatherford internationalwftFri, 16 Jul 2010 14:30:00 EST<![CDATA[Triple Play in Oil Services: BHI, SLB and WFT]]>http://www.bloggingstocks.com/2010/06/17/triple-play-in-oil-services-bhi-slb-and-wft/http://www.bloggingstocks.com/2010/06/17/triple-play-in-oil-services-bhi-slb-and-wft/http://www.bloggingstocks.com/2010/06/17/triple-play-in-oil-services-bhi-slb-and-wft/#commentsFiled under:

Schlumberger SLB logo"I continue to regard the dip in oil-levered and select energy stocks as a massive buying opportunity," says energy sector specialist Elliott Gue.

The editor of The Energy Strategist explains, "Among individual stocks, I see an opportunity with Baker Hughes (BHI), Schlumberger (SLB), Weatherford International (WFT). All of these companies garner just 5 to 10 percent of their revenues from the deepwater Gulf of Mexico.

Continue reading Triple Play in Oil Services: BHI, SLB and WFT

Triple Play in Oil Services: BHI, SLB and WFT originally appeared on BloggingStocks on Thu, 17 Jun 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>baker hughesbhielliott gueenergy stocksfeaturedoil drilling stocksoil services stocksoil stocksschlumbergersteven halpernthestockadvisors.comweatherford internationalwftThu, 17 Jun 2010 11:30:00 EST<![CDATA[JPMorgan Shifts Coverage of Offshore Drillers]]>http://www.bloggingstocks.com/2010/06/10/j-p-morgan-shifts-coverage-of-offshore-drillers/http://www.bloggingstocks.com/2010/06/10/j-p-morgan-shifts-coverage-of-offshore-drillers/http://www.bloggingstocks.com/2010/06/10/j-p-morgan-shifts-coverage-of-offshore-drillers/#commentsFiled under: , ,

JPMorgan Thursday morning rearranged its ratings on four oil service companies -- a reflection of the broker's shift toward large-cap oil firms and away from offshore drillers. While JPMorgan upgraded Baker Hughes (BHI) to overweight and Weatherford (WFT) to neutral, it cut Ensco (ESV) to neutral and reiterated Transocean (RIG) at neutral.

The brokerage's logic behind the BHI, WFT and ESV calls makes sense. But I am not too sure about the move on Transocean. Keeping in mind that Transocean is the owner of the Deepwater Horizon rig (leased to BP) that blew up and caused the massive oil spill in the Gulf of Mexico, JPMorgan believes that Wednesday's 8% drop in the stock was based on emotion, saying the stock is a "moving target."

Continue reading JPMorgan Shifts Coverage of Offshore Drillers

JPMorgan Shifts Coverage of Offshore Drillers originally appeared on BloggingStocks on Thu, 10 Jun 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Baker HughesBHIDeepwater HorizonDeepwater Horizon oil spillEnscoESVfeaturedGulf of MexicoGulf of Mexico oil spillinthenewsoil spilltechnical analysisWeatherfordWFTThu, 10 Jun 2010 10:00:00 EST<![CDATA[Analyst Calls: BBY, CPSI, CRAI, MAR, PALM, RIMM, SLB, SYNA, TTEK, WFT ...]]>http://www.bloggingstocks.com/2010/03/19/analyst-calls/http://www.bloggingstocks.com/2010/03/19/analyst-calls/http://www.bloggingstocks.com/2010/03/19/analyst-calls/#commentsFiled under: , , , ,

Analyst Upgrades

  • Auriga upgraded Computer Programs & Systems (CPSI) to hold from sell after channel checks indicated Q1 could be the bottom for stagnation of new system sales. The firm raised its target for shares to $38 from $32.
  • Janney Montgomery upgraded Tetra Tech (TTEK) to buy from neutral due to valuation. The firm has a $26 price target on the stock.
  • Deutsche Bank upgraded Energy Transfer Equity (ETE) to buy from hold and raised its target for shares to $40 from $27.
  • Best Buy (BBY) was upgraded to buy from neutral at Goldman.
  • Mariott (MAR) was raised to buy from sell at Societe Generale.
  • Telus (TU) was upgraded at TD Newcrest to action list buy from buy.

Continue reading Analyst Calls: BBY, CPSI, CRAI, MAR, PALM, RIMM, SLB, SYNA, TTEK, WFT ...

Analyst Calls: BBY, CPSI, CRAI, MAR, PALM, RIMM, SLB, SYNA, TTEK, WFT ... originally appeared on BloggingStocks on Fri, 19 Mar 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analyst upgradesBBYBHIBWPCPSIdowngradesDTVEGEGTEHALinitiationsinthenewsIPCMMARPALMRIMMSLBSPLSSYNATUWFTFri, 19 Mar 2010 11:30:00 EST<![CDATA[Top Picks for 2010: Weatherford (WFT)]]>http://www.bloggingstocks.com/2010/01/08/top-picks-for-2010-weatherford-wft/http://www.bloggingstocks.com/2010/01/08/top-picks-for-2010-weatherford-wft/http://www.bloggingstocks.com/2010/01/08/top-picks-for-2010-weatherford-wft/#commentsFiled under: , ,

This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

Energy sector expert Elliott Gue turns to Weatherford International (WFT) as his top pick for the coming year.

In his The Energy Strategist, he explains, "As with most oil services firms, Weatherford's North American business has been hit hard and the stock now trades at a deeply discounted valuation."

Continue reading Top Picks for 2010: Weatherford (WFT)

Top Picks for 2010: Weatherford (WFT) originally appeared on BloggingStocks on Fri, 08 Jan 2010 08:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Baker HughesBHIBPChicontepecElliot Gueenergy stocksHALHalliburtonMexicoPEMEXSchlumbergerSLBSteven HalpernWeatherford InternationalWFTFri, 08 Jan 2010 08:30:00 EST<![CDATA[Weatherford International: Hold shares]]>http://www.bloggingstocks.com/2009/12/09/weatherford-international-hold-shares/http://www.bloggingstocks.com/2009/12/09/weatherford-international-hold-shares/http://www.bloggingstocks.com/2009/12/09/weatherford-international-hold-shares/#commentsI'm placing a Hold on Weatherford International Ltd.'s (WFT) shares, first recommended on June 4, 2009 at a price of $20.85.

Oil/natural gas services company Weatherford's fundamentals remain strong -- U.S. natural gas markets are firming - but the stock's technicals have deteriorated in the past three months, with the stock chart forming a double top -- a bearish formation.

Continue reading Weatherford International: Hold shares

Weatherford International: Hold shares originally appeared on BloggingStocks on Wed, 09 Dec 2009 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>wftWed, 09 Dec 2009 16:30:00 EST<![CDATA[Cramer on BloggingStocks: Recognize the ludicrous pattern]]>http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says if the market made sense, you could buy retail and restaurants off the lower oil price.

Here's the pattern: We get shelled by oil. It drops to $76 or $77, all energy goes down, and it takes everything else with it. Some of tech has been spared lately because of 3Com (COMS) (Cramer's Take).

Then, in the following couple of days, oil stabilizes (but not after it hurts the oils again), rallies, and everything goes with it.

That's what's been occurring. I don't know why it's any different. In this moment in time, it's often best to buy the most hammered natural gas stocks because they come back fast. The best value is Devon (DVN) (Cramer's Take), but it simply isn't down enough. Apache (APA) (Cramer's Take) would make sense below $60, which is still a ways from here.

Continue reading Cramer on BloggingStocks: Recognize the ludicrous pattern

Cramer on BloggingStocks: Recognize the ludicrous pattern originally appeared on BloggingStocks on Fri, 13 Nov 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3ComAPAApacheBPCOMSDevonDVNfeaturedJim CrameroilWeatherfordWFTFri, 13 Nov 2009 10:40:00 EST<![CDATA[Bullish on oil, bullish on Weatherford International ]]>http://www.bloggingstocks.com/2009/09/29/bullish-on-oil-bullish-on-weatherford-international/http://www.bloggingstocks.com/2009/09/29/bullish-on-oil-bullish-on-weatherford-international/http://www.bloggingstocks.com/2009/09/29/bullish-on-oil-bullish-on-weatherford-international/#commentsFiled under:

Recent, soft natural gas prices have hurt oil/natural gas services company Weatherford International Ltd. (NYSE: WFT), but that in no way changes the company's positive long-term prospects, which is why I'm Reiterating my Buy rating for Weatherford, first recommended on June 4, 2009 at a price of $20.85.

The trough in oil/natural gas servicing will likely end in F2009; margin recovery may lag, but upstream capital spending should provide a nice tailwind heading into FY2010. Institutional investors have sensed this, and it's one reason they've been incrementally added to their WFT positions since March. The First Call FY2009/FY2010 EPS estimates for WFT are 72 cents to $1.12.

Continue reading Bullish on oil, bullish on Weatherford International

Bullish on oil, bullish on Weatherford International originally appeared on BloggingStocks on Tue, 29 Sep 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>inthenewsWeatherford InternationalWFTTue, 29 Sep 2009 15:00:00 EST<![CDATA[Weatherford International knows the race for oil is on again]]>http://www.bloggingstocks.com/2009/06/04/weatherford-international-knows-the-race-for-oil-is-on-again/http://www.bloggingstocks.com/2009/06/04/weatherford-international-knows-the-race-for-oil-is-on-again/http://www.bloggingstocks.com/2009/06/04/weatherford-international-knows-the-race-for-oil-is-on-again/#commentsFiled under:

It looks like oil prices are headed to uncomfortable levels again, if not the stratosphere, and all this even before the U.S. and global economic recoveries take hold.

Well, look at it this way: you can seethe at the gasoline pump, or you can consider owning shares in oil services company Weatherford International Ltd. (NYSE: WFT).

Continue reading Weatherford International knows the race for oil is on again

Weatherford International knows the race for oil is on again originally appeared on BloggingStocks on Thu, 04 Jun 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Weatherford InternationalWFTThu, 04 Jun 2009 18:00:00 EST<![CDATA[Earnings highlights: Bank of America, Amazon, Coke, eBay, UPS, Yahoo!, IBM, and more]]>http://www.bloggingstocks.com/2009/04/25/earnings-highlights-bank-of-america-amazon-coke-ebay-ups-y/http://www.bloggingstocks.com/2009/04/25/earnings-highlights-bank-of-america-amazon-coke-ebay-ups-y/http://www.bloggingstocks.com/2009/04/25/earnings-highlights-bank-of-america-amazon-coke-ebay-ups-y/#commentsFiled under: , , , , , , , , , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Bank of America, Amazon, Coke, eBay, UPS, Yahoo!, IBM, and more

Earnings highlights: Bank of America, Amazon, Coke, eBay, UPS, Yahoo!, IBM, and more originally appeared on BloggingStocks on Sat, 25 Apr 2009 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3MAmazonAmgenAMGNAMZNBACBank of AmericaCATCaterpillarCoca-ColaearningseBayHASHasbroIBMJEFJeffries GroupJim CramerKOMerckMMMMorgan StanleyMRKMSPEPPepsicoRiverbedRVBDSchlumbergerSLBTXNUPSWeatherfordWFTYahooYHOOSat, 25 Apr 2009 15:40:00 EST<![CDATA[Weatherford Int'l (WFT) lower on Q1 earnings miss]]>http://www.bloggingstocks.com/2009/04/20/weatherford-intl-wft-lower-on-q1-earnings-miss/http://www.bloggingstocks.com/2009/04/20/weatherford-intl-wft-lower-on-q1-earnings-miss/http://www.bloggingstocks.com/2009/04/20/weatherford-intl-wft-lower-on-q1-earnings-miss/#commentsFiled under: , , , , ,

WFT logoWeatherford International (NYSE: WFT - option chain) stock is lower today after the company reported a first-quarter profit of $164.80 million, or 23 cents per share. Excluding one-time items, WFT earned 27 cents per share, missing analysts' projections of 29 cents per share. Also helping to keep WFT in the red are crude oil prices that are down more than 7%, now well below $50. 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 WFT.

This morning, WFT opened at $13.69. So far today the stock has hit a low of $13.43 and a high of $14.24. As of 11:40, WFT is trading at $14.10, down 65 cents (-4.4%). The chart for WFT looks bullish and S&P gives WFT a positive 4 STARS (out of 5) buy ranking.

Continue reading Weatherford Int'l (WFT) lower on Q1 earnings miss

Weatherford Int'l (WFT) lower on Q1 earnings miss originally appeared on BloggingStocks on Mon, 20 Apr 2009 12:20:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>earningsInvestors ObserverInvestorsObserveroiloptionsWeatherford InternationalWeatherfordInternationalWFTMon, 20 Apr 2009 12:20:00 EST<![CDATA[Diamond Offshore Drilling (DO) to be added to S&P 500]]>http://www.bloggingstocks.com/2009/02/17/diamond-offshore-drilling-do-to-be-added-to-sandp-500/http://www.bloggingstocks.com/2009/02/17/diamond-offshore-drilling-do-to-be-added-to-sandp-500/http://www.bloggingstocks.com/2009/02/17/diamond-offshore-drilling-do-to-be-added-to-sandp-500/#commentsFiled under: , , , , ,

DO logoDiamond Offshore Drilling (NYSE: DO - option chain) shares have been just about flat today after Standard & Poor's (NYSE: MHP) announced that the company will be added to the S&P 500 Index on a date still to be determined, replacing Weatherford International Ltd. (NYSE: WFT). This usually causes a surge in stock value as all the ETFs that track the S&P 500 now have to rush to add DO positions.

While DO is not rising today, it is also not falling sharply like the rest of the market, especially when compared to its peers like Transocean (NYSE: RIG), which just reported slowing earnings today and is down by more than 5%. If you think that DO won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on that stock.

Continue reading Diamond Offshore Drilling (DO) to be added to S&P 500

Diamond Offshore Drilling (DO) to be added to S&P 500 originally appeared on BloggingStocks on Tue, 17 Feb 2009 12:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>DOinthenewsInvestors ObserverInvestorsObserveroptionsRIGSPStandard PoorsStandardPoorsTransocean IncTransoceanIncWeatherford InternationalWeatherfordInternationalWFTTue, 17 Feb 2009 12:05:00 EST<![CDATA[Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ... ]]>http://www.bloggingstocks.com/2009/01/27/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/01/27/analyst-upgrades-downgrades-and-initiations/http://www.bloggingstocks.com/2009/01/27/analyst-upgrades-downgrades-and-initiations/#commentsFiled under: , , , , ,

Analyst upgrades:
  • Societe Generale upgraded shares of Veolia Environment (NYSE: VE) to Buy from Hold as they believe the company's new finance chief implement additional cost savings.
  • Citigroup upgraded shares of Sun Healthcare (NASDAQ: SUNH) to Buy from Hold and added the stock to their Top Picks Live List as they believe the market is pricing in a more severe Medicaid and Medicare reimbursement outlook than is probable. The firm has a $14 target on the stock.
  • Calyon believes in 2010, American Express (NYSE: AXP) will have easy comps, reserve releases, and income statement leverage. The firm upgraded shares to Outperform from Underperform.
  • Societe Generale (OTC: SCGLY) was upgraded to Buy from Hold at Citigroup.
  • Caterpillar (NYSE: CAT) was raised to neutral from Sell at UBS.
  • Goldman upgraded Biogen Idec (NASDAQ: BIIB) to Buy from Neutral and added shares to the Conviction Buy List; Goldman also added Bristol-Myers (NYSE: BMY) to the Conviction Buy List.

Continue reading Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ...

Analyst upgrades, downgrades and initiations: AXP, CAT, BMY, GNK, TXCO ... originally appeared on BloggingStocks on Tue, 27 Jan 2009 10:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>adtnAXPBiibBMYbtuiCATcyhdrivgnkhgsilaynprojrukSCGLYSUNHtmktxcoVEwftTue, 27 Jan 2009 10:55:00 EST<![CDATA[Cramer on BloggingStocks: Too much debt makes stocks dangerous ]]>http://www.bloggingstocks.com/2009/01/26/cramer-on-bloggingstocks-too-much-debt-makes-stocks-dangerous/http://www.bloggingstocks.com/2009/01/26/cramer-on-bloggingstocks-too-much-debt-makes-stocks-dangerous/http://www.bloggingstocks.com/2009/01/26/cramer-on-bloggingstocks-too-much-debt-makes-stocks-dangerous/#commentsFiled under: , , , , , , , , , , , , , , , ,

TheStreet.com's Jim Cramer says companies saddled with high debt loads can be found in every sector in every business.

Overleveraged. Too much debt. Need to pay down debt. How many times have you read that story?

You read it so much because it plays out every day and plays havoc with stock picking almost every time you see a savory stock down on its luck.

This weekend, as I went through the charts, I was amazed at how low some stocks have gone, stocks that I would normally say to just take a flyer on, but turn out to have so much debt, short- and long-term, that they are just too dangerous.

Consider these perhaps poisonous morsels:

Continue reading Cramer on BloggingStocks: Too much debt makes stocks dangerous

Cramer on BloggingStocks: Too much debt makes stocks dangerous originally appeared on BloggingStocks on Mon, 26 Jan 2009 11:11:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>axpbbbybbybcsfcxfeaturedigtipjcijim cramerJimCramerlaglizlmlvsmasnwlnytodpomxrfmdslesplstrowtsnvrsnwftMon, 26 Jan 2009 11:11:00 EST<![CDATA[Best stocks for a rebound in energy]]>http://www.bloggingstocks.com/2008/10/29/best-stocks-for-a-rebound-in-energy/http://www.bloggingstocks.com/2008/10/29/best-stocks-for-a-rebound-in-energy/http://www.bloggingstocks.com/2008/10/29/best-stocks-for-a-rebound-in-energy/#commentsFiled under: ,

"In recoveries from panic selloffs in the past, the energy patch has tended to outperform the S&P 500," notes energy sector specialist Elliott Gue.

In his The Energy Strategist, the advisor offers his outlook for the sector as well as a package of five favorite energy-related stocks, including ideas in the drilling, infrastructure. oil services and exploration areas.

"This has undoubtedly been the most challenging and unsettled market in recent history for the stock, bond, currency and credit markets. Not surprisingly, the energy sector hasn't been immune to the selling pressure.

"However, I would note that the selloff in most energy stocks I cover has little or nothing to do with fundamentals and everything to do with market sentiment and a pervasive sense of panic.

"Institutions are dumping stocks to raise cash and the primary fear infecting the energy markets is that a dramatic global economic slowdown coupled with a seizing up of credit markets will destroy demand for energy commodities..

Continue reading Best stocks for a rebound in energy

Best stocks for a rebound in energy originally appeared on BloggingStocks on Wed, 29 Oct 2008 11:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>elliott gueenergy stocksenergy strateigstEnergyStocksEnergyStrateigstenterprise productsEnterpriseProductseogeog resourcesEogResourcesepdfeaturednabors industriesNaborsIndustriesnbroil serviceoil stocksschlumbergerslbthestockadvisors.comweatherford internationalWeatherfordInternationalwftWed, 29 Oct 2008 11:05:00 EST