pcar posts
FeedPosted Mar 22nd 2011 12:30PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy
The shares of truck manufacturer Paccar Inc.'s (PCAR) shares, first discussed on July 6, 2009, at a price of $30.81, have pulled back to about $50 after soaring from $41 to $58 in the winter. View the retreat as good time to consider the shares, if you missed the first elevator up.
Paccar's revenue will likely increase another 30% to 40% in 2011, following a impressive 30% jump in 2010, as economies in North America, Europe and in emerging markets continue to recover.
Continue reading Paccar: Truck Manufacturing Star
Posted Mar 7th 2011 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Starbucks (SBUX), Brinker Intl (EAT), ConocoPhillips (COP), CA Inc (CA), Analyst Initiations
Analyst Upgrades
- Brinker (EAT) to buy from neutral at UBS.
- Starbucks (SBUX) to overweight from equal weight at Morgan Stanley.
- Paccar (PCAR) to overweight from neutral at JPMorgan.
- CA Technologies (CA) to outperform from perform at Oppenheimer.
- PPL Corp. (PPL) to overweight from equal weight at Barclays.
- ConocoPhillips (COP) to hold from sell at Citigroup.
- First Defiance (FDEF) to outperform from market perform at Keefe Bruyette.
- MasTec (MTZ) to outperform from neutral at Credit Suisse.
- Amdocs (DOX) to neutral from underperform at BofA/Merrill.
Continue reading Analyst Calls: CA, COP, DOX, EAT, FIG, JNS, MTN, NLSN, PCAR, SBUX, SLW ...
Posted Jan 21st 2011 3:30PM by Joseph Lazzaro (RSS feed)
Filed under: Industry, Stocks to Buy

Truck manufacturer Paccar Inc.'s (
PCAR) shares, first discussed on July 6, 2009 at a price of $30.81, soared above major, psychological resistance
at $50 last autumn, and if you're in at/near $31, now may be good time to consider taking some profits.
However, other investors who can tolerate the risk can maintain their full position, but keep in mind that the journey to $70 may not be reached in 2011.
Paccar's revenue will likely rise an impressive 20-25% 2011, following a likely 10-12% increase in 2010, as economies in North America, Europe, and in emerging markets continue to recover.
Continue reading Paccar: Time to Take Some Profits?
Posted Jan 13th 2011 11:40AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, AFLAC Inc (AFL), Hershey Co (HSY), NYSE Euronext (NYX), Goldman Sachs Group (GS), Morgan Stanley (MS), Texas Instruments (TXN), Analyst Initiations, Deere and Co (DE), Barclays plc ADS (BCS), China Mobile Limited (CHL), General Dynamics Corp (GD), E*TRADE (ETFC)
Analyst Upgrades
- NYSE Euronex (NYX) to conviction buy from neutral at Goldman.
- General Dynamics (GD) to buy from hold at Citigroup.
- Deere (DE), Parker-Hannifin (PH) and ExlService (EXLS) to overweight from neutral at JPMorgan.
- Aflac (AFL) to outperform from market perform at FBR Capital.
- Wynn Resorts (WYNN) to buy from neutral at Janney Capital.
- Amdocs (DOX) to buy from neutral at UBS.
- Juniper (JNPR) to buy from hold at ThinkEquity.
- Rudolph Tech (RTEC) and KLA-Tencor (KLAC) to perform from underperform at Oppenheimer.
- Hershey (HSY) and Pinnacle Entertainment (PNK) to outperform from market perform at Wells Fargo.
- Spirit AeroSystems (SPR) to equal weight from underweight at Morgan Stanley.
- Micron (MU) to outperform from neutral at RW Baird.
Continue reading Analyst Calls: AFL, DE, DOX, GD, GS, HSY, ITT, MS, NYX, TXN, UBS, WYNN ...
Posted Nov 20th 2010 12:10PM by Gary Sattler (RSS feed)
Filed under: Products and Services, Industry, Daimler (DAI), YRC Worldwide (YRCW), Hunt(J.B.) Transport (JBHT), Eaton Corp (ETN)
Good news is coming in for the builders of heavy trucks, such as Paccar (PCAR), and for truck parts manufacturers, including Eaton (ETN). An aging national truck fleet, coupled with rebounding interstate freight volumes, signal that 2011 is shaping up to be a strong year for heavy trucks and the investors who play them.
A report from Bloomberg Businessweek reveals that manufacturing totals for heavy trucks could jump to as many as 235,000 units in North America for 2011. This compares to a total of approximately 150,000 units for 2010.
Continue reading Conditions Likely to Improve for Truck and Parts Makers
Posted Oct 21st 2010 6:00PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy
If you viewed the June dip by truck manufacturer Paccar Inc. (PCAR), first discussed on July 6, 2009, at a price of $30.81, as a buying opportunity, as forecast, you made the right move, as PCAR has raced ahead since then. The stock recently cleared key, psychological resistance at $50.
Paccar's revenue will likely rise 11% to 13% 2010, followed by a similar increase in 2011, as economies in North America, Europe, and in emerging markets continue to recover.
Continue reading Paccar: Ride the Global Truck Sales Wave
Posted Oct 5th 2010 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Microsoft (MSFT), Apple Inc (AAPL), Motorola (MOT), Colgate-Palmolive (CL), Research in Motion (RIMM), Analyst Initiations, PG and E Corporation (PCG)
Analyst Upgrades
- RBC Capital upgraded Syniverse (SVR) to outperform from sector perform based on strong secular growth in mobile data and roaming. The firm raised its price target to $28 from $23.
- Deutsche Bank upgraded PG&E (PCG) to buy from hold with a $49 price target due to valuation.
- Jefferies assumed coverage on Sierra Wireless (SWIR) with a buy from a hold and raised its price target to $12 from $9. The analyst expects the M2M market to experience 25% growth over the next two years.
- Affiliated Managers (AMG) was upgraded to buy from neutral at Goldman.
- EastGroup Properties (EGP) was upgraded to buy from neutral at UBS.
- Gammon Gold (GRS) was upgraded to neutral from underperform at Credit Suisse.
Continue reading Analyst Calls: AAPL, BLK, BTU, CL, MOT, MSFT, PCG, RIMM, SVR, SWIR ...
Posted Sep 30th 2010 11:00AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Altria Group (MO), Best Buy (BBY), Analyst Initiations
Analyst Upgrades
- Best Buy (BBY) was upgraded to top pick from outperform at RBC Capital, as the firm thinks the company's valuation is inexpensive while it will perform well during the holiday season.
- Credit Suisse upgraded CF Industries (CF) to outperform from neutral, citing favorable fundamentals in nitrogen and phosphate markets.
- Canadian Solar (CSIQ) was raised to buy from hold by Jefferies, which cited expectations for higher selling prices next year and cost savings from sourcing more components internally.
- BMO Capital upgraded RC2 Corp. (RCRC) to outperform from market perform as the firm believes that RC2's baby products are performing better than previously expected.
- Ericsson (ERIC) was upgraded to neutral from underperform at BofA/Merril.
- ProLogis (PLD) was upgraded to buy from hold at Stifel Nicolaus.
- Constellation Energy (CEG) was upgraded to outperform from neutral at Macquarie.
Continue reading Analyst Calls: ABC, BBY, CF, CSIQ, ERIC, MO, N, NAV, ORLY, PCAR, RCRC, SYY ...
Posted Jul 6th 2009 1:00PM by Joseph Lazzaro (RSS feed)
Filed under: Stocks to Buy
Any experienced investor who has followed emerging markets knows that the global recession and accompanying decline in international trade has weighed on the truck manufacturing sector.
But now that it appears the global recession has bottomed, more-pleasant times are likely to return to the sector, which bodes well for PACCAR Inc. (NASDAQ: PCAR).
Continue reading Paccar is undervalued
Posted Jul 1st 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Microsoft (MSFT), Apple Inc (AAPL), PepsiCo (PEP), Market Matters, JPMorgan Chase (JPM), Bank of America (BAC), Chevron Corp (CVX), Goldman Sachs Group (GS), General Mills (GIS), Honeywell Intl (HON), Wells Fargo (WFC), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says stock prices may roll back, but techs and financials should be fine. The pain of the aftermath of mark-ups never goes away. We knew what was in store for us, as the mark-up folks don't like to play on the last day, especially with the newly vigilant Securities and Exchange Commission. I have to believe that this SEC will now become more interested in "the tapes," which would show clients asking brokers to take stocks up as much as they can, something that we know is against the law.
What comes up from mark-up must come down, and the most important "come-downs" should be in the industrials, because we have the least visibility in them. I do not believe the techs have as much to worry about, nor the banks, because both have excellent earnings prospects for the coming quarter. Why sell
Apple (NASDAQ:
AAPL) (
Cramer's Take) here? Why sell
Microsoft (NASDAQ:
MSFT) (
Cramer's Take)? And why dump
Wells Fargo (NYSE:
WFC) (
Cramer's Take) or
Bank of America (NYSE:
BAC) (
Cramer's Take) or
JPMorgan Chase (NYSE:
JPM) (
Cramer's Take) when those have the best possibilities of good news ahead? I can see locking in some
Goldman Sachs (NYSE:
GS) (
Cramer's Take) gains, but that's going to be the best quarter of all.
Continue reading Cramer on BloggingStocks: The post-mark-up could sting industrials
Posted Nov 28th 2008 3:00PM by Melly Alazraki (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), Wal-Mart (WMT), Starbucks (SBUX), Coca-Cola (KO), PepsiCo (PEP), Caterpillar (CAT), Citigroup Inc. (C), Altria Group (MO), Chesapeake Energy (CHK), Kellogg Co (K), Safeway Inc (SWY), BP p.l.c. ADS (BP), Allegheny Technologies (ATI), Freep't McMoRan Copper (FCX), Anadarko Petroleum (APC), Stocks to Buy, Stocks to Sell

Seems that even this shortened week was full of news and happenings, in the U.S. and around the world. With
Citigroup Inc. (NYSE:
C) being bailed out by the U.S. government at the beginning of the week and China announcing fiscal and monetary stimulus plans, the Dow industrials finished in positive territory four days in a row.
But as analysts and pundits, as well as each and every economic release -- in the U.S. and around the world -- remind us, we are not out of the woods yet and the rally has really been a bear-market rally.
Investors looking to take advantage of such rallies, or at least feel they hold stable long-term holdings, can search this week's BloggingStocks' contributors' picks:
Apollo Group (NASDAQ: APOL) and
Devry Inc. (NYSE: DV) -- It's often been suggested that educators do well in times of recession and high unemployment as workers look to improve or change their education to get a better job. Leo Fasciocco thinks these two are
poised for a breakout.
Dollar Tree Inc. (NASDAQ: DLTR) reported stronger-than-expected earnings this week and also hiked its forecast. Not surprisingly, cash-strapped consumers turn more and more to discounters. Dollar Tree
may continue to benefit from the economic downturn and the stock could also experience a short-squeeze rally.
Continue reading Stock picks and pans for troubled times: DV, DLTR, BP, ATI, GE, C, MO, K, AAPL, CELG ...
Next Page >