home stocks posts

Feed

A stock that profits from foreclosures

For speculators, Martin Weiss has uncovered a stock that benefits from rising home foreclosures. In the higher risk section of his The Safe Money Report he looks at Lender Processing Services (NYSE: LPS).

"We have a new speculative pick: Lender Processing Services. This company was spun off from Fidelity National Information Services a couple of months ago.

"It is the biggest outsourcing firm in the business of processing home loan defaults and foreclosures.

"As you might imagine, that business is booming due to the massive flood of troubled mortgages -- revenues in the company's default services unit soared 90% to $197.2 million in the second quarter from a year earlier.

"LPS also has a division that helps investors, banks and other clients model prepayments, defaults and other characteristics of mortgage-related securities.

"With everyone trying to figureout the value of all the troubled paper out there, the demand for those services should also ramp up. We emphasize, however, that this is a speculative play."

Steven Halpern's TheStockAdvisors.com offers a daily look at the latest market commentary and favorite stock picks and investment ideas from the nation's leading financial newsletter advisors.

Cramer says sell alt.energy names, buy CROX

from www.247wallst.com.....

On Jim Cramer's STOP TRADING segment on CNBC at 2:45 PM EST, Cramer was discussing how to play oil prices dropping and a crock of something.

Now that oil has gone to $60, Cramer said he is tired of torture House game because that homebuilder group was the best performer over last month.

Cramer says Sell alternative energy stocks, particularly Ethanol plays. He says even sell solar power. He is discussing the stocks, not the technology. They showed SunPower Corporation (NASDAQ:SPWR), FuelCell Energy, Inc. (NASDAQ:FCEL), Aventine Renewable Energy Holdings, Inc. (NYSE:AVR), Verasun Energy Corporation (NYSE:VSE), Ballard Power Systems, Inc. (NASDAQ:BLDP). He said he is talking about the stocks, not the company.

Crocs, Inc. (NASDAQ:CROX) is up 6% and Cramer thinks they will preannounce upside to the quarter tomorrow at an investor conference presentation. He likes the closed toe cold weather and Disney deals. He says they are hot and go higher. He also noted for the short sellers to watch out.

Symbol Lookup
IndexesChangePrice
DJIA-89.2312,801.23
NASDAQ-23.352,903.88
S&P 500-9.311,342.64

Last updated: February 11, 2012: 05:28 PM

Hot Stocks

General Electric

18.875-0.255(-1.33)

Alcoa

10.29-0.35(-3.29)

Apple Inc

493.42+0.25(+0.05)

Google Inc 'A'

605.91-5.55(-0.91)

Bank of America

8.07-0.11(-1.34)

Wal-Mart Stores

61.90-0.06(-0.10)

Exxon Mobil Corp

83.80-1.08(-1.27)

Ford

12.44-0.25(-1.97)

Citigroup

32.925-0.735(-2.18)

IBM

192.42-0.71(-0.37)

Yahoo

16.14+0.14(+0.88)

Starbucks

48.82-0.38(-0.77)

Microsoft

30.495-0.275(-0.89)

Home Depot

45.33+0.06(+0.13)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1328999298320 ms.