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Analyst Calls: AOL, BG, CCL, CP, CSX, HRS, NE, OC, PHM, RIG, SBUX, TXT ...

Eric Buscemi — Wed, 23 Mar 2011 11:20:00 EST

Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Starbucks (SBUX), Carnival Corp (CCL), Analyst Initiations, AOL (AOL), Transocean Ltd. (RIG), Noble Corporation (NE)

Analyst Upgrades

Bunge (BG) to buy from hold at Deutsche Bank.
Textron (TXT) to overweight from neutral at JPMorgan.
CSX (CSX) to buy from neutral and Pulte Group (PHM) to conviction buy from neutral at Goldman.
Aol (AOL) to buy from neutral at UBS.
Kohlberg Capital (KCAP) to outperform from market perform at JMP Securities.
Owens Corning (OC) to buy from neutral at BofA/Merrill.
Jefferies (JEF) to buy from neutral at Ticonderoga.
Harris (HRS) to outperform from perform at Oppenheimer.

Continue reading Analyst Calls: AOL, BG, CCL, CP, CSX, HRS, NE, OC, PHM, RIG, SBUX, TXT ...

Analyst Calls: AOL, BG, CCL, CP, CSX, HRS, NE, OC, PHM, RIG, SBUX, TXT ... originally appeared on BloggingStocks on Wed, 23 Mar 2011 11:20:00 EST. Please see our terms for use of feeds.

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Analyst Calls: CHK, CHKP, DISCA, FMC, GOLD, OC, PCL, RRC, SNI, VLO ...

Eric Buscemi — Tue, 01 Feb 2011 12:00:00 EST

Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Chesapeake Energy (CHK), Analyst Initiations, Valero Energy (VLO)

Analyst Upgrades

Valero Energy (VLO) to outperform from perform at Oppenheimer.
Changyou.com (CYOU) to overweight from equal weight at Morgan Stanley.
Albermarle (ALB) to overweight from neutral at JPMorgan.
ICU Medical (ICUI) to buy from neutral at Roth Capital.
Check Point (CHKP) to outperform from market perform at Bernstein.
FMC Corporation (FMC) to buy from neutral at BofA/Merrill.
Rangold Resources (GOLD) to neutral from sell at Goldman.
Global Cash Access (GCA) to buy from hold at Duncan-Williams.

Continue reading Analyst Calls: CHK, CHKP, DISCA, FMC, GOLD, OC, PCL, RRC, SNI, VLO ...

Analyst Calls: CHK, CHKP, DISCA, FMC, GOLD, OC, PCL, RRC, SNI, VLO ... originally appeared on BloggingStocks on Tue, 01 Feb 2011 12:00:00 EST. Please see our terms for use of feeds.

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Top Picks 2011: Owens Corning (OC)

Steven Halpern — Sun, 02 Jan 2011 17:00:00 EST

Filed under: Newsletters, Stocks to Buy, Housing, Best Stocks for 2011

This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011. This special report is courtesy of TheStockAdvisors.com.

"Founded in 1938, Owens Corning (OC) -- my top pick for 2011, is a leading manufacturer of building products, including insulation, roofing products, and composite materials," says George Putnam.

The editor of The Turnaround Letter explains, "The stock looks quite cheap, particularly for a company with such a strong business franchise in a temporarily depressed sector.

Continue reading Top Picks 2011: Owens Corning (OC)

Top Picks 2011: Owens Corning (OC) originally appeared on BloggingStocks on Sun, 02 Jan 2011 17:00:00 EST. Please see our terms for use of feeds.

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Owens Corning: A Construction Turnaround

Steven Halpern — Mon, 20 Dec 2010 09:00:00 EST

Filed under: Newsletters, Commodities, Stocks to Buy, Housing

"Founded in 1938, Owens Corning (OC) is a leading manufacturer of building products, including insulation, roofing products, and composite materials; the stock looks quite cheap, particularly for a company with such a strong business franchise in a temporarily depressed sector," says George Putnam.

The editor of The Turnaround Letter explains, "From the early 1950s through the early 1970s some of the company's insulation products contained asbestos.

"This led to massive legal liabilities in the 1990s, which forced the company to file for bankruptcy in October 2000. Like most of the asbestos-related cases, Owens Corning's Chapter 11 proceedings were protracted and contentious.

Continue reading Owens Corning: A Construction Turnaround

Owens Corning: A Construction Turnaround originally appeared on BloggingStocks on Mon, 20 Dec 2010 09:00:00 EST. Please see our terms for use of feeds.

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Owens Corning Warns of Weak Demand

Brent Archer — Mon, 20 Sep 2010 14:00:00 EST

Filed under: Major Movement, Forecasts, Bad News, Options, Technical Analysis

Owens Corning (OC - option chain) stock is trading lower today after the company warned that it can no longer meet the high end of its 2010 earnings outlook, as roofing shingles demand is down 35% in the third-quarter compared to the previous year. OC said domestic market demand for shingles will likely fall 10% in 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 OC.

This morning, OC opened at $24.15. So far today the stock has hit a high of $24.25 and a low of $23.05. As of 12:10, OC is trading at $23.51, down $1.25 (-5.0%). The chart for OC looks bearish.

Continue reading Owens Corning Warns of Weak Demand

Owens Corning Warns of Weak Demand originally appeared on BloggingStocks on Mon, 20 Sep 2010 14:00:00 EST. Please see our terms for use of feeds.

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Energy savers: Betting on Obama's new New Deal

Steven Halpern — Tue, 20 Jan 2009 18:45:00 EST

Filed under: General Electric (GE), Newsletters, Commodities, Oil, Stocks to Buy, Green Stocks, Obama Picks

"President Obama has stated that he's been studying Roosevelt's first 100 days and the way out of the current economic mess will look a lot like the New Deal," says David Fessler.

The advisory panelist for The Oxford Club explains, "Seventy-five years after Roosevelt's inauguration, I think we will soon see President Obama get the ball rolling on his version of the New Deal, focused on two very specific areas: energy and infrastructure." Here, he looks at stocks poised to benefit.

"Saving energy will be one of his first initiatives. It's what will give us the quickest bang for our buck. Better insulation in homes, programmable thermostats, fluorescent bulbs, more fuel-efficient cars, energy management systems for use in larger-scale commercial buildings and beefed-up public transportation are just a few of the ways to save energy.

"The government will likely offer attractive tax incentives to rally support. So who stands to prosper from such initiatives?

"Big blue-chip companies, like Owens Corning (NYSE: OC), maker of insulated glass and building insulation; General Electric (NYSE: GE), manufacturer of wind turbines, energy control and infrastructure products; and Johnson Controls Inc. (NYSE: JCI), maker of energy management systems (for buildings and vehicles) and hybrid vehicle batteries.

Continue reading Energy savers: Betting on Obama's new New Deal

Energy savers: Betting on Obama's new New Deal originally appeared on BloggingStocks on Tue, 20 Jan 2009 18:45:00 EST. Please see our terms for use of feeds.

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Analyst calls: RTP, ITRI, HLS, BHP, BX, DT, UL, GPC, KND . . .

Laurie Pasternack — Wed, 26 Nov 2008 11:45:00 EST

Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Analyst Initiations, BHP Billiton Ltd ADR (BHP), Rio Tinto plc ADS (RIO), Unilever ADR (UL), Blackstone Group L.P (BX)

Analyst upgrades:

Canaccord upgraded Rio Tinto (NYSE: RTP) to Buy from Hold citing valuation following the severe price decline following BHP Billiton's (NYSE: BHP) dropped bid.
UBS upgraded Itron (NASDAQ: ITRI) to Buy from Neutral citing valuation and defensive business mix.
Jefferies upgraded shares of HealthSouth (NYSE: HLS) to Buy from Hold on valuation and maintains a $13.50 target.
Melco PBL Entertainment (NASDAQ: MPEL) was raised to buy from Neutral at Goldman.
PG&E (NYSE: PCG) was upgraded at Merrill Lynch to Buy from Neutral.
HSBC Holdings (NYSE: HBC) was upgraded to Buy from Neutral at UBS.

Analyst downgrades:

Continue reading Analyst calls: RTP, ITRI, HLS, BHP, BX, DT, UL, GPC, KND . . .

Analyst calls: RTP, ITRI, HLS, BHP, BX, DT, UL, GPC, KND . . . originally appeared on BloggingStocks on Wed, 26 Nov 2008 11:45:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Oil's rise is fueling the wind plays

Jim Cramer — Wed, 21 May 2008 09:30:00 EST

Filed under: Market Matters, Anadarko Petroleum (APC), Oil, Stocks to Buy, Cramer on BloggingStocks

TheStreet.com's Jim Cramer says as crude goes higher, it makes more and more sense to go for other energy options.

Every day that oil goes up, there is a new set of technologies that had formerly been priced out of the market that comes back to life. Let's take wind. Wind, in itself, just seems so stupid. It needs, well, wind. Much of our country doesn't have enough wind to make this economic. There are only certain regions that can really benefit.

But when oil is at $130, SO WHAT! The parts of the country that have a lot of wind are nuts not to do wind. Wind, when properly integrated into the grid, costs 4 cents a kilowatt. The issue has been shortage of everything that goes into a windmill, because nobody in the chain thought it was worthwhile to mass-produce them. So even though the cost is low, no companies felt it was worth it because the market seemed so niche.

In other words, it was the wind supply chain that was the problem, because we only thought in terms of gigantic plants that created energy. But with nuclear not an option -- never will be in this country, if you ask me -- natural gas falling out of favor post-Katrina as being unreliable, and coal simply intolerable because of the climate problems, wind has become the most natural fuel of all.

Continue reading Cramer on BloggingStocks: Oil's rise is fueling the wind plays

Cramer on BloggingStocks: Oil's rise is fueling the wind plays originally appeared on BloggingStocks on Wed, 21 May 2008 09:30:00 EST. Please see our terms for use of feeds.

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Cramer on BloggingStocks: Oil's not the widespread tax it used to be

Jim Cramer — Mon, 19 May 2008 09:22:00 EST

Filed under: General Electric (GE), Exxon Mobil (XOM), Market Matters, Halliburton (HAL), Schlumberger Limited (SLB), Alcoa Inc (AA), Archer-Daniels-Midland (ADM), Bank of America (BAC), Boeing Co (BA), Chesapeake Energy (CHK), Chevron Corp (CVX), duPont(E.I.)deNemours (DD), Office Depot (ODP), Deere and Co (DE), Honeywell Intl (HON), United Technologies (UTX), Eaton Corp (ETN), Anadarko Petroleum (APC), Oil, Stocks to Buy, Burlington Northern Santa Fe (BNI), Norfolk Southern Corp. (NSC), Union Pacific Corporation (UNP), Cramer on BloggingStocks, Potash Corp. of Saskatchewan (POT)

TheStreet.com's Jim Cramer says lots of companies now thrive with crude up here.

Oil's not a tax on everything -- it's a tax on the consumer. That's what I come down to when I see the charts this weekend and ponder what's happening in so much of industrial America.

Company after company that I examine -- the new techs, as I call them -- actually benefit from higher oil prices. Or they can pass them on with ease, because of the worldwide demand being so strong.

Take all of the companies involved with making a Boeing (NYSE: BA) (Cramer's Take): Boeing itself, Alcoa (NYSE: AA) (Cramer's Take), Honeywell (NYSE: HON) (Cramer's Take) and Precision Castparts (NYSE: PCP) (Cramer's Take) being good examples. Each of these is necessary because the new Dreamliner burns lots less fuel, and with fuel the biggest airline cost, it stands to reason that higher energy prices make the plane more desirable even at a higher price point.

Or how about all of the companies involved with process and flow control and efficient motors: Parker-Hannifin (NYSE: PH) (Cramer's Take), Emerson (NYSE: EMR) (Cramer's Take), Eaton (NYSE: ETN) (Cramer's Take) and Flowserve (NYSE: FLS) (Cramer's Take). Those work higher with higher energy prices. CSX (NYSE: CSX) (Cramer's Take), Burlington Northern (NYSE: BNI) (Cramer's Take), Kansas City Southern (NYSE: KSU) (Cramer's Take), Union Pacific (NYSE: UNP) (Cramer's Take) and Norfolk Southern (NYSE: NSC) (Cramer's Take) are smaller energy users than trucks, and they ship plenty of ethanol and fertilizer.

Continue reading Cramer on BloggingStocks: Oil's not the widespread tax it used to be

Cramer on BloggingStocks: Oil's not the widespread tax it used to be originally appeared on BloggingStocks on Mon, 19 May 2008 09:22:00 EST. Please see our terms for use of feeds.

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Analyst initiations 8-31-07: STP, PCS and CRL

Eric Buscemi — Fri, 31 Aug 2007 11:20:00 EST

Filed under: Analyst Reports, Analyst Initiations

MOST NOTEWORTHY: Suntech Power (STP), MetroPCS (PCS), Micron Tech (MU) and Charles River Labs (CRL) were today's noteworthy initiations:

JP Morgan initiated shares of Suntech Power Holdings (NYSE: STP) with a Neutral rating, citing valuation. The firm prefers the stock to peers given the company's larger scale, solid supplier relationships and exposure to new technologies.
JP Morgan also started shares of MetroPCS Communications (NYSE: PCS) with a Neutral rating, as it likes the company's model, but sees greater upside in peers like Clearwire Corporation (NASDAQ: CLWR), Sprint Nextel Corporation (NYSE: S), Leap Wireless (NASDAQ: LEAP) and Rogers Communications (NYSE: RCI).
William Blair believes Charles River Labs (NYSE: CRL) is the best pure-play investment in preclinical development given its dominant franchise in animal disease models, and started shares with an Outperform rating.

OTHER INITIATIONS:

Gabelli initiated shares of Tenaris SA (NYSE: TS) with a Buy rating and $68 target.
RBC Capital started shares of Time Warner Cable (NYSE: TWC) with a Sector Perform rating and $39 target.
CDC Corporation (NASDAQ: CHINA) was started at ThinkEquity with a Buy rating and $11 target.
Suntrust started shares of Owens Corning (NYSE: OC) with a Neutral rating.

Analyst summaries provided by TheFlyOnTheWall.com (subscription required).

Analyst initiations 8-31-07: STP, PCS and CRL originally appeared on BloggingStocks on Fri, 31 Aug 2007 11:20:00 EST. Please see our terms for use of feeds.

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