Two leading advisors -- both known for an expertise in technical analysts -- are bullish on the prospects for Buffalo Wild Wings (NASDAQ: BWLD), which operates and franchises casual food restaurants in 38 states.

Here's an overview of the stock from Joseph Hargett, an analyst with Schaeffer Investment Research, and Richard Schmidt, editor of The Stellar Stock Alert.

Schmidt explains, "You've got to love the action of Buffalo Wild Wings. Last month, the stock jumped up nearly 25% in one day and continued to move up.

Continue reading Technicians bet on Buffalo Wild Wings (BWLD)

Technicians bet on Buffalo Wild Wings (BWLD) originally appeared on BloggingStocks on Fri, 27 Mar 2009 12:40:00 EST. Please see our terms for use of feeds.

"Arch Coal (NYSE: ACI) is fired up from its first quarter earnings; the results were well above analysts expectations," notes Joseph Hargett.

And with 13.5 million shares of the stock sold short, the analyst with Schaeffer's Research explains, "Shorts account for about 9.5% of the stock's float, which could result in a short squeeze." Here is his review.

"Net income nearly tripled to $81.1 million, or 56 cents per share. Revenue for the auarter rose to $699.4 million from $571.3 million. For the year, Arch Coal lifted its earnings estimate to a range of $2.40 to $2.80 per share, versus Wall Street's consensus view for $2.43 per share.

"Digging into the report, the company noted that profit margins were particularly wide in the Central Appalachia region, while higher prices for coal and cost controls also contributed to the results. Arch noted that the average sales price per ton rose 9.7% to $18.49 from $16.85, while the cash cost per ton rose less than 1% to $13.05 from $12.93.

Continue reading Arch Coal (ACI): All fired up

Arch Coal (ACI): All fired up originally appeared on BloggingStocks on Thu, 01 May 2008 13:25:00 EST. Please see our terms for use of feeds.

"VmWare (NYSE: VMW) or EMC (NYSE: EMC): which is the better buy?" asks contrarian Joseph Hargett.

The analyst with Schaeffer's Investment Research suggests, "The debate is likely to continue for quite a while, as more conservative investors back the tried and true success of EMC, while speculators continue to tout the potential for VMW."

"Both sides were recently dealt winning hands, as VMware -- one of the most successful IPOs this year -- bested analyst earnings forecasts by 6 cents per share, while EMC matched expectations but provided strong guidance for the coming quarters.

"Following the IPO of VmWare, EMC shares took a bit of a breather from their run higher, only to resume their uptrend once buyers came back into the market in late September. As such, EMC recovered in fine fashion and continues to set new multi-year highs.

Continue reading VmWare (VMW) vs. EMC (EMC): An investor debate

VmWare (VMW) vs. EMC (EMC): An investor debate originally appeared on BloggingStocks on Tue, 30 Oct 2007 13:46:00 EST. Please see our terms for use of feeds.

In the declining market, the tech sector has stood out for its relative performance, according to Jospeh Hargett, an analyst with Schaeffer's Investment Research.

He explains, "Within the tech sector, there are several pockets of opportunity that could provide some nice cover for your portfolio while the storm blows over." Here, he reviews Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN) and Baidu (NASDAQ: BIDU), which he believes "appear poised to hold their own going forward."

The advisor says, "At the end of the day, Apple has proven why its shares have vaulted more than 73% since the beginning of the year. As one of the very few stocks that closed in positive territory yesterday, it is easy to see why AAPL makes our 'fallout shelter' list."

The stock, Hargett notes, had some help, though, riding the wave of a solid earnings report (besting the Street's expectations by 20 cents per share). But, he adds, it wasn't the iPhone that propelled earnings to these stellar results; it was the Mac. The company's bread-and-butter line -- he states -- posted its highest quarterly sales ever.

Continue reading Shelter from the storm: AAPL; AMZN & BIDU

Shelter from the storm: AAPL; AMZN & BIDU originally appeared on BloggingStocks on Mon, 30 Jul 2007 09:00:00 EST. Please see our terms for use of feeds.