DreamWorks Animation (DWA) was trading lower this afternoon in response to the company's latest earnings report which was released yesterday after the bell. At the time of this writing, the stock was down 2.4% to $27.43. That might sound bad, but it's actually a higher price than the intraday low of $26.71 (for further perspective, consider that the 52-week low for the shares is $26.61).

According to the Associated Press, the cartoon studio made an adjusted 47 cents per share. Oh man, know what the overall estimate was? Try 75 cents per share. Huge disparity. Honestly, I'm shocked the stock didn't drop beyond the 52-week low today based on such performance.

Continue reading DreamWorks Animation Drops After Earnings: Buying Opportunity?

DreamWorks Animation Drops After Earnings: Buying Opportunity? originally appeared on BloggingStocks on Fri, 25 Feb 2011 18:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Molycorp (MCP) to overweight from neutral at JPMorgan.
• Humana (HUM), HealthSpring (HS) and UnitedHealth (UNH) to buy from neutral at UBS.
• Williams Cos. (WMB) to conviction buy from neutral and UBS (UBS) to buy from neutral at Goldman.
• China Kanghui (KH) to overweight from neutral at Piper Jaffray.
• Arthur J. Gallagher (AJG) to buy from hold at Citigroup.
• Armstrong World (AWI) to buy from hold at BB&T.
• Time Warner (TWX) to buy from hold at Benchmark Co.
• Calpine (CPN) to overweight from equal weight at Barclays.
• 3M Company (MMM) to neutral from underperform and Kirby (KEX) to buy from underperform at BofA/Merrill.

Continue reading Analyst Calls: DWA, HUM, MMM, MRVL, NOK, TWX, UBS, UNH, WMB ...

Analyst Calls: DWA, HUM, MMM, MRVL, NOK, TWX, UBS, UNH, WMB ... originally appeared on BloggingStocks on Tue, 22 Feb 2011 12:10:00 EST. Please see our terms for use of feeds.

Continue reading Time Warner's Latest 'Potter' Doesn't Surprise

Time Warner's Latest 'Potter' Doesn't Surprise originally appeared on BloggingStocks on Mon, 22 Nov 2010 17:30:00 EST. Please see our terms for use of feeds.

DreamWorks Animation's (DWA) Megamind movie didn't have such a great debut last weekend, in my opinion. This weekend, however, I have to give it at least some credit: It once again captured the top spot at domestic theaters. Box Office Mojo says that the project made $29 million from Friday through Sunday, bringing the total gross so far to nearly $89 million.

Don't expect me to jump up and down for joy, though -- and I highly doubt shareholders of the studio are happy that the film didn't at least crack the $100 million mark by this point.

Continue reading DreamWorks Animation's 'Megamind' Retains Top Spot

DreamWorks Animation's 'Megamind' Retains Top Spot originally appeared on BloggingStocks on Tue, 16 Nov 2010 10:30:00 EST. Please see our terms for use of feeds.

There are always interesting stories in the marketplace. Today, I'm going to briefly comment on the price movements of three that I am watching.

Activision Blizzard (ATVI) is currently down 3% to $11.52, with significant volume backing the sell-off. Down, is that right, you ask? Yes, I'm afraid it is. I know: Call of Duty: Black Ops is doing excellent business. Millions of copies have been sold, and hundreds of millions of dollars have been grossed. Unfortunately, when it comes to trading on such news, the best bet is to sell out on any anticipatory rise that manifests itself before the event finally occurs.

Continue reading A Look at Three Stocks: ATVI, DWA, INTC

A Look at Three Stocks: ATVI, DWA, INTC originally appeared on BloggingStocks on Fri, 12 Nov 2010 15:15:00 EST. Please see our terms for use of feeds.

Continue reading Market Down on DreamWorks Animation After 'Megamind' Debut

Market Down on DreamWorks Animation After 'Megamind' Debut originally appeared on BloggingStocks on Mon, 08 Nov 2010 14:30:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Time Warner Cable (TWC) was upgraded to outperform from market perform at Bernstein.
• Citigroup upgraded MEMC Electronic (WFR) and Skilled Healthcare (SKH) to buy from hold at Citigroup.
• Administaff (ASF) was upgraded to buy from hold at Roth Capital.
• The Buckle (BKE) was upgraded to buy from hold at KeyBanc.
• BofA/Merrill upgraded DreamWorks (DWA) to neutral from underperform.
• Corrections Corp. (CXW) was upgraded to buy from neutral at SunTrust.
• Marvell Technology (MRVL) was upgraded to positive from neutral at Susquehanna.

Continue reading Analyst Calls: ARO, BA, BKE, DWA, MRVL, SGEN, TWC, WFR ...

Analyst Calls: ARO, BA, BKE, DWA, MRVL, SGEN, TWC, WFR ... originally appeared on BloggingStocks on Tue, 02 Nov 2010 12:00:00 EST. Please see our terms for use of feeds.

Continue reading DreamWorks Animation's Q3: Buy on the Numbers?

DreamWorks Animation's Q3: Buy on the Numbers? originally appeared on BloggingStocks on Fri, 29 Oct 2010 15:15:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Piper Jaffray upgraded Dreamworks (DWA) to overweight from neutral following the company's Q2 results. The firm also raised its target for shares to $38 from $30.
• Stephens upgraded Global Payments (GPN) with a $50 price target following the company's Q4 results. Note, shares were downgraded this morning at Janney Montgomery.
• BMO Capital upgraded Carrizo Oil & Gas (CRZO) to outperform from market perform, citing the company's planned exploration activity. The firm raised its price target to $27 from $23.
• eHealth (EHTH) was upgraded to perform from underperform at Oppenheimer and to buy from neutral at BofA/Merrill.
• NASDAQ OMX (NDAQ) was upgraded to buy from hold at Stifel Nicolaus.
• C.H. Robinson (CHRW) was upgraded to outperform from market perform at BMO Capital.

Continue reading Analyst Calls: ACL, CLR, COF, CRZO, DWA, GPN, MOTR, NDAQ, OMI, ONE ...

Analyst Calls: ACL, CLR, COF, CRZO, DWA, GPN, MOTR, NDAQ, OMI, ONE ... originally appeared on BloggingStocks on Wed, 28 Jul 2010 11:00:00 EST. Please see our terms for use of feeds.

Here's a very interesting item from Theflyonthewall concerning DreamWorks Animation (DWA). It appears that the cartoon concern possibly isn't so fond of being a standalone entity any longer. Instead, it might want to be purchased by another media player. Comcast (CMCSA) was mentioned as a potential suitor.

There's some confusion, however, over this topic; it's not clear whether Jeffrey Katzenberg, the CEO of DreamWorks Animation, approached Comcast or Comcast approached Katzenberg.

Continue reading DreamWorks Animation: Time for a Buy Out?

DreamWorks Animation: Time for a Buy Out? originally appeared on BloggingStocks on Sun, 18 Jul 2010 13:40:00 EST. Please see our terms for use of feeds.

It's the Fourth of July. Time to declare your independence from fear. Specifically, the fear of holding risk in your portfolio. Ergo, I list four stocks here that investors should perhaps keep on a watch list. The choice is yours, but maybe you might find something of interest in these four.

Abercrombie & Fitch (ANF): This stock is most definitely a risk, make no mistake about it. Being a retailer based on fashion, how can it not be in the current climate? Yet, back in May, the company's first-quarter numbers didn't seem so bad (although they didn't comprise the best data set I've ever seen, either). And the one-year chart shows that Friday's closing price of $31.11 is getting close to recent support levels.

Continue reading Four Risky Stocks for the Fourth: ANF, BBY, DWA, NWS

Four Risky Stocks for the Fourth: ANF, BBY, DWA, NWS originally appeared on BloggingStocks on Sun, 04 Jul 2010 14:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Stifel views shares of DreamWorks (DWA) as oversold and believes investors are too pessimistic on recent films. The firm upgraded shares to buy from hold and has a $35 target on the stock.
• JPMorgan upgraded Consolidated Edison (ED) to neutral from underweight based on EPS visibility. The firm raised its price target to $45 from $37.
• Soleil upgraded PPL Corp. (PPL) to buy from hold following the 90M share secondary last night that was priced at $24. The firm sees improving earnings visibility and a removal of the equity overhang for the upgrade. The firm has a $29 price target on the stock.
• Unilever (UL) was upgraded to neutral from underperform at Credit Suisse.
• Holly (HOC) was upgraded to buy from neutral at BofA/Merrill.
• Bebe Stores (BEBE) was upgraded to neutral from underperform at Cowen.
• Oppenheimer upgraded Monster Worldwide (MWW) to outperform from perform.

Continue reading Analyst Calls: CVC, DWA, ED, EW, LULU, MWW, NRGY, PPL, TYN, UL ...

Analyst Calls: CVC, DWA, ED, EW, LULU, MWW, NRGY, PPL, TYN, UL ... originally appeared on BloggingStocks on Wed, 23 Jun 2010 10:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Soleil upgraded Starwood Hotels (HOT) to buy from hold, citing accelerating RevPAR comps and valuation. The firm upped its target for shares to $57 from $55.
• TD Newcrest upgraded Ivanhoe Mines (IVN) to speculative buy from hold based on valuation.
• BMO Capital upgraded Power Integrations (POWI) and ON Semiconductor (ONNN) to outperform from market perform based on valuation. The firm has a $45 target on Power Integrations and a $9 target on ON Semiconductor.
• Priceline.com (PCLN) was upgraded to buy from neutral at Goldman.
• Reliance Steel (RS) was upgraded to buy from neutral at UBS.
• AXA (AXA) was upgraded to add from neutral at WestLB.
  

Continue reading Analyst Calls: AXA, BHP, BYI, CAT, DWA, HOT, IVN, JPM, ONNN, PCLN ...

Analyst Calls: AXA, BHP, BYI, CAT, DWA, HOT, IVN, JPM, ONNN, PCLN ... originally appeared on BloggingStocks on Wed, 16 Jun 2010 12:30:00 EST. Please see our terms for use of feeds.

Continue reading 'Shrek' Surprises in Third Weekend

'Shrek' Surprises in Third Weekend originally appeared on BloggingStocks on Mon, 07 Jun 2010 09:00:00 EST. Please see our terms for use of feeds.

Continue reading Disney's 'Prince' Turns Out to Be a Frog

Disney's 'Prince' Turns Out to Be a Frog originally appeared on BloggingStocks on Sun, 30 May 2010 19:00:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Oppenheimer upgraded Citigroup (C) to outperform from perform, citing an attractive valuation following the recent pullback in shares. The firm has a $4.58 price target for the stock.
• Macquarie upgraded Transocean (RIG) to to outperform from neutral and has price target of $85 on the stock. The firm believes bad news is already priced into shares.
• JPMorgan upgraded U.S. Bancorp (USB) to overweight from neutral, citing the recent pullback in shares and a lower impact from the financial reform bill. The firm has a $31.50 price target for the stock.
• Boeing (BA) was upgraded to equal weight from underweight at Morgan Stanley.
• Health Net (HNT) was upgraded to buy from hold at Stifel Nicolaus.
• Vale (VALE) was upgraded to overweight from neutral at HSBC.

Continue reading Analyst Calls: BA, C, CLDT, DNB, DWA, JCG, MGM, RIG, SLRY, USB, WDR ...

Analyst Calls: BA, C, CLDT, DNB, DWA, JCG, MGM, RIG, SLRY, USB, WDR ... originally appeared on BloggingStocks on Wed, 26 May 2010 12:00:00 EST. Please see our terms for use of feeds.

Continue reading IMAX Falls on 'Shrek' Results

IMAX Falls on 'Shrek' Results originally appeared on BloggingStocks on Tue, 25 May 2010 13:30:00 EST. Please see our terms for use of feeds.

Continue reading DreamWorks Animation Bombs with 'Shrek'

DreamWorks Animation Bombs with 'Shrek' originally appeared on BloggingStocks on Mon, 24 May 2010 09:50:00 EST. Please see our terms for use of feeds.

Well, it's time to own up to some mistakes. I've been wrong on a few stocks. Sure, the market has been volatile, and perhaps my ideas will eventually bear fruit, but it doesn't matter. When you're timing is off, it's off. And I've got to admit it.

Where shall I begin? Let's go with Disney (DIS). I've been bullish on Disney. Like many of the analysts on Wall Street, I became infatuated with the prospects for the Mouse's studio operations. A little too infatuated, I think. I kept throwing around this $40 personal price target. My rationale? Perhaps it turned out to be too simplistic; I basically said that, because Iron Man 2, Prince of Persia: The Sands of Time and Toy Story 3 were all ready to reign supreme at the box office, traders would become excited and more than willing to fulfill the promise of the one-year chart and keep the technicals moving in a positive direction.

Continue reading Thoughts from the Week: Stocks I've Been Wrong On

Thoughts from the Week: Stocks I've Been Wrong On originally appeared on BloggingStocks on Sat, 22 May 2010 11:40:00 EST. Please see our terms for use of feeds.

Analyst Upgrades

• Janney Montgomery upgraded MasterCard (MA) to buy from neutral. The firm has a $250 price target on the stock.
• Lazard upgraded Frontline (FRO) to hold from sell following the better than expected Q1 report.
• Knight Capital (NITE) was upgraded at BMO Capital to outperform from market perform. The firm cites valuation and improved fundamentals for the downgrade. The firm has an $18 price target on the stock.
• Royal Dutch Shell (RDS.A) was upgraded to overweight from equal weight at Barclays.
• Carnival (CCL) was upgraded to neutral from sell at Goldman.
• Computer Sciences (CSC) was upgraded to buy from hold at Stifel Nicolaus.

Continue reading Analyst Calls: MA, FRO, NITE, RDS.A, CCL, DWA, VLCM, WEN, C, PG, ENOC ...

Analyst Calls: MA, FRO, NITE, RDS.A, CCL, DWA, VLCM, WEN, C, PG, ENOC ... originally appeared on BloggingStocks on Fri, 21 May 2010 09:00:00 EST. Please see our terms for use of feeds.