media stocks posts
FeedPosted Jan 11th 2011 1:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Walt Disney (DIS), DJIA, Stocks to Buy
"Disney (DIS) recently broke out from a nine-week flat base, with a big expansion in volume," notes technician and breakout specialist Leo Fasciocco.
The editor of Ticker Tape Digest explains, "Although one needs to be patient with this stock, its recent push to a 10-year high is very bullish. Technically, it means there is no overhead resistance.
"This big cap play, with annual revenues of $38.1 billion, is most suitable for conservative investors. This is also a stock that could attract buying from big mutual funds.
Continue reading Disney (DIS): 'Picture Perfect' Breakout
Posted Jan 9th 2011 11:00AM by Steven Mallas (RSS feed)
Filed under: Walt Disney (DIS), Technical Analysis
Last week, Disney (DIS) hit $40 per share. It's something I've been waiting a long time to see. I know many investors, as well as traders, have done well, depending on when they purchased the stock. I myself started a position back in 1998. As far as I'm concerned, the company didn't do what I thought it would over the past decade-plus.
I'm hoping all that's about to change. Now that the Mouse has returned to the $40 area, perhaps it's a sign that $50, $60, maybe even $70 aren't the impossible prices I once thought they were. No, I'm not suggesting we'll see $70 in 12 months, or even in 24 months; I won't even suggest $60. But $50? Hey, let's just say when I look at the chart, I'm encouraged that new resistance levels may be taken out.
Continue reading Will Disney Finally Break $40?
Posted Oct 11th 2010 1:00PM by Steven Halpern (RSS feed)
Filed under: International Markets, Marketing and Advertising, China, Newsletters, Stocks to Buy
"Focus Media Holdings (FMCN), our latest featured stock, is a leader in the advertising sector in in China; this stock is a great way to play the broad consumer market in China as that country's middle class continues to grow," says Paul Goodwin.
The editor of Cabot China & Emerging Markets Report explains, "In 2002, the company's founder, Jason Jiang, was standing in a crowd of bored office workers in Shanghai, waiting for one of the office block's infamously slow elevators to arrive.
"Then it hit him. If he could just put a little flat-panel TV on the wall by the elevators, he could sell space on the screen to advertisers, translating all those increasingly affluent eyes into money.
Continue reading Focus Media (FMCN): Advertising Gains in China
Posted Jan 6th 2010 8:00AM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy, AOL (AOL), Best Stocks for 2010
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.
"AOL (AOL), formerly America Online, is one of the most storied -- and bloodied -- names in the Internet sector," says Bernie Schaeffer.
Referring to skepticism surrounding its early December spin-off from Time Warner, the editor of Schaeffer's Investment Research chooses AOL as his top pick for 2010, noting, "From a contrarian perspective, the current pessimism could have positive implications."
Continue reading Top Picks for 2010: AOL (AOL)
Posted Jun 8th 2009 1:30PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Stocks to Buy
Cinemark Holdings (NYSE: CNK), a leading owner of movie theaters, is a recent buy candidate from Leo Fasciocco, whose Ticker Tape Digest seeks stocks poised for technical breakouts.
"CNK an excellent intermediate-term play due to the strong profit outlook. The stock came public in 2007 at $20. It fell during the bear market. The stock formed a bottom, rallied and is now in position to breakout to the upside.
"With annual revenues of $1.8 billion, Cinemark is the third-largest motion picture exhibitor in the United States, operating 4,568 screens in 37 states and 12 Latin American countries.
Continue reading Cinemark (CNK): At the movies
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