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Posted
Jun 25 2009, 08:44 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
 The housing market is slowly emerging from a very long slumber based on new and existing home sale data. Though the results may be artificially inflated by speculators taking advantage of big discounts, the news is most welcome to companies dependent on the housing market for business.
The depth of the recession in the home market has had major ancillary consequences across the entire economy. Those impacted the most include retailers in the home furnishing market.
Companies like Williams Sonoma (WSM), Pier One (PIR), and Bed Bath & Beyond (BBBY) have all seen sales collapse and profits evaporate. A few, like Linens N Things, have actually closed up shop completely during the decline.
It has not been a pretty sight, but in most instances, the best time to buy stocks is when things are dire.
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Posted
Jun 17 2009, 02:43 PM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
Oil prices are shooting higher again. Did we not learn our lesson last summer when oil touched $150 per barrel?
It would appear not. Speculation in crude is running rampant. As a result the price per barrel has nearly doubled this year to more than $70 per barrel.
There is no recession here. The oil markets are betting on a global recovery that will spur demand for a resource with limited supply. Prices over time are heading in one direction, and that is higher.
In addition to the typical winners in a rising oil price market, the impact on the alternative energy sector will be equally bullish. At the same time, we have an administration that is determined to greenify our entire economy and wean ourselves off our addiction on foreign crude.
Put a friendly administration together with high oil prices, and alternative energy stocks are set to rocket higher. With momentum being a key ingredient for performance, these stocks will have little trouble attracting attention.
Here are three of my favorite green stocks to buy now:
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Posted
Jun 16 2009, 05:54 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
When broadcast stations switched from analog to digital signals this week, Netflix (NFLX), the online movie company, threw a party.
Well, it should have, anyway. That's because Netflix now becomes a competitor to cable television, offering access to "free cable channels" for a much lower price than subscribing to a cable service.
But that's not the only reason I like Netflix. Netflix has taken the movie-watching experience to a whole new level, one that doesn't involve getting dressed and heading to the local video store to rent the latest releases. Instead, Netflix delivers DVDs straight to your mailbox. What's more, the company now offers instant access to many movies over the Internet so you don't even have to wait for the postman.
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Posted
Aug 13 2009, 12:11 PM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
Gravity does not pull all things to earth. When markets rise over an extended period, it is not necessarily true that they will eventually fall. Yet here we are several months and significantly higher than lows hit in March, and every so-called expert is predicting that we are way long overdue for a pullback.
I don't agree. Bing: More on Restaurant Stocks
It is way too simplistic to suggest that stocks will drop because they have gone up too far too fast. In fact, it has been my experience that once stocks exhibit positive momentum, such momentum is likely to continue much longer than anyone expects
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Posted
Jul 28 2009, 05:45 PM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
Second quarter earnings season is in full bloom, and so far, Wall Street has been treated to a substantial number of better-than-expected reports from some of the highest profile companies. Traders certainly love the latest batch of earnings news, and their buying has bid up the value of the Dow Jones Industrial Average past the 9,000 mark for the first time since the beginning of January.
So, all must be well in Earnings Land, right? Well, not quite.
Although the headlines are screaming about how companies are beating their earnings estimates, little newsprint is being devoted to this quarter's real story. That story is that revenues for many corporations are way down year over year, and more importantly, their top-line revenues are often coming in below Street estimates
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Posted
Jun 23 2009, 06:20 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
The markets have enjoyed an enormous rally since bottoming in early March. These moves put the major market indicators in positive territory for 2009.
Will we add to those gains during the remainder of the year? And if so, what stocks will lead the way higher?
If you had been in a deep slumber for the first half of the year, you would have missed quite a show. It has not been easy to eek out these tiny gains that the indexes have experienced year to date. Volatility has kept investors on the rollercoaster that began in 2008.
The junk rally?
As for the gains since the bottom, some of the biggest have come from the worst segments of the market. That is to say, stocks that had fallen to near bankruptcy levels have skyrocketed.
Some have even called this the junk rally. They would be right. Many of these stocks have tripled in value or more with very little fundamental strength behind the move. Instead, investors are merely speculating that the end-of-the-world scenario has passed
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Posted
Jun 24 2009, 05:55 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
The great 20th-century writer Franz Kafka once famously quipped that, “so long as you have food in your mouth, you have solved all questions for the time being.”
Ah, if only life were that simple. Unfortunately, the pedestrian act of putting food in our mouths won’t help us identify the best stocks for our portfolio -- or will it?
Yesterday we got news that Darden Restaurants (DRI) easily beat consensus Street estimates, announcing adjusted net earnings from continuing operations of 90 cents per share for the fourth quarter. The Street was expecting earnings to come in at 86 cents per share. The company also declared a quarterly dividend of 25 cents per share, a 25% increase from the previous quarterly dividend.
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Posted
Sep 22 2009, 06:45 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
Car dealership chain CarMax (KMX) reported astounding earnings of $103 million, or 46 cents per share, on revenue of $2.08 billion Tuesday. That compares with earnings of $14 million, or 6 cents per share, on revenue of $1.84 billion a year ago. The news is especially good, as analysts were looking for a second-quarter profit of 18 cents per share on revenue of $1.77 billion, so the company posted a 667% earnings increase and a 156% earnings surprise! Even better: The gains did not come purely from cost-cutting. All-important same store unit sales increased 8% for the quarter and total unit sales rose 10%. Bing: Auto Stocks
Wall Street will surely be good to CarMax today. But with the economy is still struggling, and consumers continuing to cut back, where is this burst coming from? How exactly did CarMax pull it off?
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Posted
Sep 16 2009, 11:33 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
It's been one year since Lehman Brothers filed for bankruptcy, creating the worst credit crisis in history. But we've come a long way in those 12 months. Banks that were teetering on the brink of ruin have seen their stocks surge lately.
So is it the right time to get into financials again?
I'll answer that by taking a look at two very different financial firms: JP Morgan Chase (JPM) and Citigroup (C).
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Posted
Oct 14 2009, 11:10 AM
by
Louis Navellier
Rating:
Money Blog: Top Stocks Blog - MSN Money
Banking giant Goldman Sachs (GS) is set to report earnings on Thursday and I, for one, am expecting an impressive blow-out.
As a behemoth on Wall Street, GS has managed to stay successful in both good times and bad. Shares are up nearly 100% over the past five years, while the Dow Jones Financial Services index fell 11% in the same time period. The future is bright for Goldman as well, with a five-year expected growth rate of 12.5%. Presently, Goldman Sachs is close to a 52-week high and closing in on the $200 per share mark. Over the past 30 days, more than half of covering analysts raised their third-quarter profit forecasts. Last quarter, the company beat expectations by $1.41.
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