LONDON — The share price movements of Ocado Group (LSE: OCDO ) have always been entertaining, but events of this past week have been fairly remarkable, even by its standards.
The online grocer is one of the stocks that investors seem to love to hate. Currently, it’s one of the most widely shorted shares on the market, with a short interest of some 16%, according to publicly disclosed holdings.
After trading as low as 170 pence at the end of last week, the shares jumped 12% on Wednesday. At one stage on Friday morning, they had leapt a further 20% to just under 250 pence, before slipping back somewhat.
A “short squeeze” could well be taking place, whereby those betting on the share price going down are forced into the market to buy shares to cover their positions.
A potential deal with Morrison Supermarkets (LSE: MRW ) also seems to be driving excitement right now. Yesterday, Morrisons said it plans to launch its online service by January, and reconfirmed that it was in discussions with Ocado about this. However, Morrisons was also at pains to point that its plans were not dependent on Ocado.
5 Best Clean Energy Stocks To Invest In Right Now: First American Financial Corp (FAF)
First American Financial Corporation, incorporated on January 14, 2008, through its subsidiaries, is engaged in the business of providing financial services through its title insurance and services segment and its specialty insurance segment. The Company operates in two segments: title insurance and services and specialty insurance.
The title insurance and services segment provides title insurance, closing and/or escrow services and similar or related services domestically and internationally in connection with residential and commercial real estate transactions. It also maintains, manages and provides access to title plant records and images and provides banking, trust and investment advisory services. The specialty insurance segment issues property and casualty insurance policies and sells home warranty products. In addition, its corporate function consists of certain financing facilities as well as the corporate services that support its business operation s.
Title Insurance and Services Segment
The Company’s title insurance and services segment issues title insurance policies on residential and commercial property in the United States and offers similar or related products and services internationally. This segment also provides closing and/or escrow services; accommodates tax-deferred exchanges of real estate; maintains, manages and provides access to title plant records and images, and provides banking, trust and investment advisory services. The Company conducts its title insurance and closing business through a network of direct operations and agents. Through this network, it issues policies in the 49 states that permit the issuance of title insurance policies and the District of Columbia. The Company also offers title insurance, closing services and similar or related products and services, either directly or through third parties in foreign countries, including Canada, the United Kingdom, A ustralia and various other markets.
The Company! distributes its title insurance policies and related products and services directly as well as through its agents through various channels. Its federal savings bank subsidiary offers trust and investment advisory services, deposit services and asset management services. As of December 31, 2012, the Company provides products and services in numerous countries outside of the United States, and its international operations accounted for approximately 7.9% of its title insurance and services segment revenues
Specialty Insurance Segment
The Company’s property and casualty insurance business provides insurance coverage to residential homeowners and renters for liability losses and typical hazards, such as fire, theft, vandalism and other types of property damage. The Company is licensed to issue policies in all 50 states and the District of Columbia and actively issue policies in 43 states. In its market, California, it also offers preferred risk aut o insurance to better compete with other carriers offering bundled home and auto insurance. Reinsurance is used to limit risk associated with natural disasters, such as windstorms, winter storms, wildfires and earthquakes.
The Company’s home warranty business provides residential service contracts that cover residential systems, such as heating and air conditioning systems, and certain appliances against failures that occur as the result of normal usage during the coverage period. Most of these policies are issued on resale residences, although policies are also available in some instances for new homes. Coverage is typically for one year and is renewable annually at the option of the contract holder and upon its approval. It sells renewals directly to consumers. As of December 31, 2012, home warranty business operates in 39 states and the District of Columbia.
The Company competes with Fidelity National Financial, Inc., Stewart Title Guaranty Com pany, Old Republic International Corporation and Lender Proc! essing Se! rvices, Inc.
- [By Marc Bastow]
The biggest increase among our dividend stocks this week came from title and specialty insurance management company First American Financial (FAF), which raised its quarterly dividend 100% to 24 cents per share, payable June 16 to shareholders of record as of June 9.
FAF Dividend Yield: 3.47%
- [By alicet236]
First American Financial Corp (FAF): CEO Dennis J Gilmore sold 116,453 Shares
CEO of First American Financial Corp (FAF) Dennis J Gilmore sold 116,453 shares on 02/04/2014 at an average price of $25.12. First American Financial Corporation was incorporated in the state of Delaware in January 2008 to serve as the holding company of The First American Corporation’s financial services business. First American Financial Corp has a market cap of $2.7 billion; its shares were traded at around $25.52 with a P/E ratio of 12.30 and P/S ratio of 0.56. The dividend yield of First American Financial Corp stocks is 1.88%.
- [By Canadian Value]
Position % of Fund Assets 1) First American Financial Corp. (FAF) 7.0% 2) Apple, Inc. (AAPL) 6.5% 3) Coinstar, Inc. (CSTR) 4.8% 4) EMC Corp. (EMC) 4.4% 5) Coach, Inc. (COH) 4.4% 6) Kohl’s Corp. (KSS) 4.1% 7) Blucora, Inc. (BCOR) 4.0% 8) Tetra Tech, Inc. (TTEK) 3.1% 9) OM Group, Inc. (OMG) 3.0% 10) American International Group, Inc. (AIG) 2.8% TOTAL 44.1% One area that we believe still offers some value in the market is in high quality, large‐cap technology stocks that may be momentarily out‐of‐favor as they transition from rapid growth to slower growth. In particular, we become interested when that transition is also accompanied by a change in capital allocation policies designed to return more cash to shareholders in the form of dividends and share repurchases. We believe that Apple and EMC are two of the absolute highest quality technology businesses in the world and both have recently announced very material, shareholder‐ friendly changes to how they will alloc ate capital.
- [By Jon C. Ogg]
First American Financial Corp. (NYSE: FAF) was raised to Outperform from Market Perform at Keefe Bruyette & Woods.
Fidelity National Financial Inc. (NYSE: FNF) was raised to Outperform from Market Perform at Keefe Bruyette & Woods.
5 Best Clean Energy Stocks To Invest In Right Now: Iron Mountain Incorporated(IRM)
Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company offers records management services, including records management program development and implementation based on best-practices to help customers comply with specific regulatory requirements; implementation of policy-based programs that feature storage for various media comprising paper; flexible retrieval access and retention management; hybrid services to help organizations gain control over their paper records; and specialized services for vital records and regulated industries, such as healthcare, energy, government, and financial services. It also provides data protection and recovery services, such as disaster preparedness; off-site vaulting of data backup media for data recovery in the event of a disaster, human error, or virus; online backup and recovery solutions for desktop and la ptop computers, and remote servers; and technology escrow services to protect and manage source code and other proprietary information. In addition, the company offers information destruction services that primarily consist of physical secure shredding operations; and is involved in the shredding of sensitive documents to third-party recyclers. Further, it provides fulfillment services that assemble custom marketing packages and orders, as well as provide reporting on customer marketing literature inventories; and professional consulting services to develop and implement comprehensive records and information management programs. Iron Mountain Incorporated serves commercial, legal, banking, health care, accounting, insurance, entertainment, and government organizations. The company was founded in 1951 and is headquartered in Boston, Massachusetts.
- [By Ben Levisohn]
Think of Iron Mountain (IRM) as any heavy metal band after Nirvana broke in 1991. Suddenly, a way of playing music that had been wildly successful was looked at as an anachronism and bands like Metallica cut their hair, wore flannel and did just about anything they could think of to fit in in a changed world.
Getty Images/Lonely Planet Image
That’s Iron Mountain today. It has a business that was once fantastic–storing paper files for corporations. But in a digital world, that business is passé, even if it still brings in tons of money. Sure, Iron Mountain is doing everything it can to change its stripes–offering digital services, trying to morph into a REIT–but Iron Mountain is still what it is.
And that’s a struggling business.
On Friday, Iron Mountain released financial results and promptly fell 4.3%, as its earnings and revenue were in line with analyst forecasts but Iron Mountain’s North American storage growth turned negative, perhaps for the first time ever, notes Jefferies’ Dan Dolev and Trevor Young.
So what now? Dolev and Young don’t think emerging markets can fix what ails Iron Mountain:
It was encouraging to see international storage internal growth decelerate only slightly (-20bps to +6.3%) as it faced +70bps tougher compares…Is the strength sustainable? We are hopeful, but are not holding our breath given that 1) 4Q storage internal growth in developed international markets (e.g. Western Europe) was already below the FY average (+2.2% vs. +2.5% for the FY), and 2) although 4Q EM storage internal growth accelerated (+13.4% vs. +13.2% for the FY), history suggests that EMs can skip decades of technology evolution and upgrade directly to the newest technology (e.g. smartphones in China).
Dolev and Young also doubt Iron Mountain’s M&A strategy. They explain why:
With FY13 global storage internal growth 3x slower than during the Great Re
- [By Ben Levisohn]
Iron Mountain’s (IRM) story is now well known. Beset by a secular decline in its paper storage business, Iron Mountain has bet that a conversion into a real-estate investment trust can cure what ails it, by attracting investors interested in its potential yield. The IRS hasn’t seemed too willing to let Iron Mountain become a REIT, but the fact that it could is most likely all that stands in the way of the stock and a lower share price. And so Iron Mountain remains range bound, as investors wait to see what the IRS will do.
But maybe even the REIT conversion won’t be the savior Iron Mountain–and its investors–hope it will be. Jefferies’ Dan Dolev and team explain:
The outcome of the IRS’ ruling is difficult to predict, but our analysis shows a potentially more muted upside and a bigger downside than many believe. A favorable ruling could trigger a short squeeze, somewhat offset by Event Driven Hedge Funds liquidating. An influx of REIT investors is possible, but our analysis shows that many already own [Iron Mountain]. Alternatively, an adverse ruling could steer attention back to weakening fundamentals, potentially leading to the P/E’s of IRM (24x) and Recall (13x) converging.
Given an already tentative adverse ruling, the bar is high for [Iron Mountain] to convince the IRS that its racking structures are indeed real estate. The IRS would have to ignore its 1975 revenue ruling that it has relied on heavily for nearly 40 years. Even if [Iron Mountain] became a REIT, there is still no guarantee that REIT dedicated investors would buy the stock, especially given rising secular concerns.
Shares of Iron Mountain have dropped 2.1% to $25.86 at 3:47 p.m.
- [By Ben Levisohn]
Iron Mountain (IRM) has bet heavily that it’s conversion to a real-estate investment trust would arrest its declining share price. But Don’t count on a permanent benefit without major changes, according to a Jefferies report released today.
Jefferies’ Dan Dolev and Trevor Young explain:
For many years, the durability of IRM’s paper storage business (74% of GP) has made it synonymous with stability, but our proprietary survey highlighting a dramatic decline in paper storage intentions is concerning. Data centers are a step in the right direction, but to ensure long-term viability, IRM needs a comprehensive plan to diversify away from storing paper…
REIT status does not affect fundamentals, but a 2x dividend could bring short-term respite to the shares. Only the IRS knows if IRM would become a REIT; however, if it does, the stock would surely rise on the prospects of a $2+ dividend (~2x C-corp.).
Dolev and Young started Iron Mountain with a Hold rating and a $27 price target. Shares of Iron Mountain have dropped 1.7% to $29 today at 2:41 p.m.
5 Best Clean Energy Stocks To Invest In Right Now: IZEA Inc (IZEA)
IZEA, Inc. (IZEA), formerly IZEA Holdings, Inc., incorporated in February 2006, is a marketplace for consumer generated advertising, connecting advertisers with social media publishers, such as bloggers, tweeters and others in order to develop and distribute content throughout the blogosphere and social networks. The Company is a social media sponsorship, operating multiple marketplaces, which include WeReward, SponsoredTweet, SocialSpark, PayPerPost and InPostLinks. It generates its revenue through the sale of social media sponsorships (SMS) to its customers. Each platform the Company operates is designed to facilitate SMS transactions. Each platform provides advertisers with access to a network of publishers, workflow management, content control, payment processing, performance tracking and legal compliance. It has more than 50,000 registered advertisers in 157 different countries. Its publishers publish sponsored content to blogs, Twitter, Facebook and Foursquare and re ach other existing platforms, such as Tumblr, LinkedIn, Google and Bing through syndication of that content. On May 12, 2011, the Company acquired IZEA Innovations, Inc. In December 2012, the Company acquired Twitter marketing platform FeaturedUsers.
During the year ended December 31, 2011, the Company derived 80% its revenue from advertisers for the use of its network of social media publishers to fulfill an advertiser sponsor requests for a blog post, tweet, click, purchase, or action. During 2011, it derived the remaining 20% revenue from various service fees charged to advertisers and publishers. Service fees to advertisers include fees charged for management of advertising campaigns through its platforms and inactivity fees for dormant accounts. Service fees to publishers include upgrade account fees for obtaining greater visibility to advertisers in advertiser searches in its platforms and inactivity fees for dormant accounts.
SocialSpark is the Company’s blog marketing platf! orm. Through SocialSpark it provides robust targeting and detailed analytics to advertisers. The site allows advertisers to develop lists of blogs based on various criteria, such as relevancy, traffic and demographic data. The platform also enables advertisers to create social media campaigns with the click of a button and to observe campaign results in real time. SocialSpark is also used by brands interested in engaging in conversations with their consumer bases. This platform is an automated, scalable version of other blogger outreach services conducted by public relations agencies, such as Porter Novelli, Edelman and Ketchum.
SponsoredTweets is an online marketplace, which allows consumers to connect directly with advertisers to engage in sponsored conversations through Twitter. Marketers pay for Twitter advertising campaigns on either a cost per tweet (CPT) or cost per click (CPC) basis. SponsoredTweets allows advertisers to hand pick individual tweeters, including celebrities, to participate in Twitter advertising campaigns.
WeReward is a social-mobile incentive platform, which allows brands to drive purchases, reward loyalty and understand their customers. WeReward promotes businesses, consumer products and mobile applications through its application, which can be downloaded on iPhone and Android devices. Consumers are able to earn WeReward points at more than 15 million businesses in the United States. WeReward points act as a cash rebate through PayPal to create value for users. This platform is similar to CheckPoints.
PayPerPost and InPostLinks
PayPerPost and InPostLinks are online marketplaces designed to facilitate search engine and allow advertisers to connect directly with bloggers to develop relevant blog post content and place text link advertising within blog posts. Both systems allow advertisers to compensate bloggers with ca sh in exchange for content and links back to Websites.
! IZEAMedia and Staree
IZEAMedia (in Pilot) allows advertisers to place display advertising next to sponsored blog content. Staree (in Development) is an online platform designed to help celebrities better monetize multimedia content through SMS.
The Company competes with Facebook, Glam Media, Federated Media, BlogHer, Ad.ly, Mom Central, Foursquare and Groupon.
- [By Peter Graham]
Small cap tech, mobile or cloud computing stocks SofTech, Inc (OTCMKTS: SOFT), Firstin Wireless Technology Inc (OTCMKTS: FINW) and Izea Inc (OTCMKTS: IZEA) have been getting some extra attention lately in various investment newsletters or alerts. That’s because at least one of these stocks appears to be the subject of paid third party promotions while another is the focus of an apparent investor relations campaign. Keeping that in mind, are these three tech orientated stocks going to bring profits to investors and traders or bring out the luddite in them? Here is a closer look:
5 Best Clean Energy Stocks To Invest In Right Now: WellPoint Inc.(WLP)
WellPoint, Inc., through its subsidiaries, operates as a health benefits company in the United States. The company offers various network-based managed care plans to large and small employer, individual, Medicaid, and senior markets. Its managed care plans include preferred provider organizations; health maintenance organizations; point-of-service plans; traditional indemnity plans; and other hybrid plans, including consumer-driven health plans, hospital only, and limited benefit products. The company also provides various managed care services comprising claims processing, underwriting, stop loss insurance, actuarial services, provider network access, medical cost management, disease management, wellness programs, and other administrative services to self-funded customers. In addition, it offers specialty and other products and services, including life and disability insurance benefits; dental, vision, and behavioral health benefit services; radiology benefit management; personal health care guidance; and long-term care insurance. Further, the company serves as an intermediary providing administrative service for the Medicare program that offers coverage for persons, who are 65 or older and for persons who are disabled or with end-stage renal disease. WellPoint, Inc. markets its products through a network of independent agents and brokers, consultants, in-house sales force, or Internet. The company, formerly known as Anthem, Inc., was founded in 1944 and is headquartered in Indianapolis, Indiana.
- [By Susan J. Aluise]
What’s worse: HHS is eying far tougher regulations next year against health plans with narrow provider networks. That means healthcare stocks like Humana (HUM), Cigna (CI), Aetna (AET) and WellPoint (WLP), which have gained more than 50% in the past year, could face headwinds as they try to expand provider networks while keeping premiums low.
- [By DailyFinance Staff]
Concerns about the political uncertainty in Ukraine caused some volatility in the markets Friday afternoon, with the major indexes making several U-turns ahead of the weekend. The Dow Jones industrial average (^DJI), which had been up by as much as 125 points, briefly dropped into loss territory before rebounding to end 49 points higher. The Standard & Poor’s 500 index (^GPSC) edged up 5 points, adding to Thursday’s record high, but the Nasdaq composite (^IXIC) lost 10 points. AP/Darko VojinovicPro-Russian militias have seized local government buildings in Crimea, Ukraine; the unrest there is making investors around the world nervous. February was a great month for investors. All three major averages jumped by about 4 percent. UnitedHealth Group (UNH) led the blue chips, gaining 1½ percent. Other health providers – Aetna (AET), Wellpoint (WLP), Cigna (CI) and Humana (HUM) — all gained between 1½ and 2 percent. And retail stocks remained active. Target (TGT) added another 3 percent. Best Buy rose 4 percent, and Fred’s (FRED), a regional department store chain, jumped 10 percent. But Pier 1 (PIR) fell 5½ percent after lowering its earnings outlook for a second time. That led to a series of brokerage downgrades. Decker Outdoor (DECK) tumbled 12 percent. The maker of footwear brands such as Ugg and Teva issued a weak outlook. And apparel maker Lululemon (LULU) fell 5-percent on negative comments from Credit Suisse. It seems as though there are always some big movers in the drug and biotech sectors – and that was certainly the case today. GW Pharmaceuticals (GWPH) rose 2 percent after the FDA granted orphan status to its drug to treat a rare form of childhood epilepsy. But most of the action was on the downside. Endologix (ELGX) slid 24 percent after forecasting lower revenue growth. Questcor (QCOR) fell 10 percent. It’s lost big for three straight days amid allegations of questionable business practices. Jazz Pharma
- [By Ben Levisohn]
Shares of Humana have gained 1.1% to $96.77 today, while United Health (UNH) has risen 0.2% to $70.94, Aetna (AET), which reported earnings today, has fallen 0.3% to $68.04 and WellPoint (WLP) has advanced 1.1% to $86.55.
- [By Marc Bastow]
Health benefits provider company WellPoint (WLP) raised its quarterly dividend 17% to 43.75 cents per share, payable on Mar. 25 to shareholders of record as of Mar. 10.
WLP Dividend Yield: 2.02%
5 Best Clean Energy Stocks To Invest In Right Now: Vistaprint NV (VPRT)
Vistaprint N.V., incorporated on June 5, 2009, is an online provider of coordinated portfolios of customized marketing products and services to micro businesses worldwide. The Company offers a range of brand identity and promotional products, marketing services and digital solutions. While the Company focuses on micro business marketing products and services, consumers also purchases its products, such as invitations and announcements, greeting cards, photo books and calendars. Customers visiting the Company’s Websites can select the type of product they wish to design from its range of available products and services for the business and home and family markets, including paper based, non-paper based, and digital and marketing services. Paper based products include brochures, business cards, data sheets, desk and wall calendars, envelopes, flyers, folded business cards, folded cards, holiday cards, and invitations and announcements. Its non-paper based products include ba nners, bottle openers, calculators, car door magnets, decals, drink koozies, embroidered apparel, hats, iphone cases, key chains, lawn signs, letter openers and luggage tags. Its digital and marketing services include blogs, custom Facebook pages, design tools and content, e-mail marketing services and logos.
When a product type has been selected, the customer can initiate the design process by using the Company’s predefined industry styles and theme categories, by entering one or more keywords in its image search tool, or by uploading the customer’s own design. If the customer chooses to do a keyword search, the Company’s automated design logic will, in real time, create and display to the customer a variety of product templates containing images related to the customer’s keyword. When the customer chooses a particular template for personalization, the Company’s user-friendly, browser-based application enables the customer to quickly and easily perform a wide r ange of design and editing functions on the selected design,! for example, cropping images or entirely replacing images with other images or uploading customer images or logos.
Once customers choose a pre-designed template or upload their own content for a product, they can instantly see what their design looks like on a range of other Vistaprint products and related services, including signage, Websites and e-mail marketing, business identity, direct mail services, apparel and promotional gifts. Customers who need help with their design or ordering process are able to reach the Company’s customer service agents through phone, e-mail, and chat. The Company has six customer service facilities: Montego Bay, Jamaica; Berlin, Germany; the Hague, the Netherlands; Tunis, Tunisia; Sydney, Australia; and Mumbai, India. These centers provide phone, email and chat support for customers who speak English, Dutch, German, French, Italian, Spanish, Portuguese, Polish, Czech, Swedish, Norwegian, Finnish, Danish, Turkish, Japanese and Hi ndi. Using the Company’s design software applications, combined with voice over Internet protocol telephone transmission technology and call center management tools, its agents and designers provide customer service. Customers purchasing products check out either through a standard e-commerce self-service shopping basket or by providing their order and payment information through telephone to one of the Company’s service agents.
The Company’s design creation technologies enable customers, by themselves or together with the assistance of the Company’s design support staff, to design and create marketing materials from their homes or offices. The Company’s document model architecture and technology employs Internet-compatible data structures to define, process and store product designs as a set of separately searchable, combinable and modifiable component elements. The Company’s auto-matching design software generates customized product designs in real-time based on key-word searches. VistaStudio is the Company’s product ! design an! d editing software suite, which is downloaded to its customer’s computer from its server and runs in the customer’s browser. This browser-based software provides real-time client-side editing capabilities. A range of layouts, color schemes and fonts are provided and a selection of photographs and illustrations are available for use by customers in product design. Customers can also upload their own images and logos for incorporation into their product designs. The Company’s Internet-based, remote, real-time, co-creativity and project management application and database enables customers and the Company’s design agents to design a product across the Internet in real-time, while engaging in voice communication.
Albumprinter Downloadable and Online Editors enable the creation of a range of photo products, such as calendars, canvas prints, and greeting cards through an intuitive user interface. These editors allow the Company’s customers the choice of creating their personalized products on their own computer or utilizing their preferred browser and enable functionality, such as auto generated layouts, creation of content, and font selection. Features available to the Company’s customers include adding personal images, maps, electronic payment processing, downloadable files and contact forms. Pagemodo offers small businesses to create a professional looking custom Facebook page. Pagemodo allows customers to select from a range of templates to create custom tabs for their Fanpage, including welcome tabs, lead capture tabs and video tabs. Pagemodo also offers a template driven cover image designer, which lets customers create cover images for their Facebook pages through a simple click and edit interface.
The Company’s pre-production and production technologies process and aggregate customer orders, prepare orders for high-quality production and manage production, addressing and shipment of these orders. DrawDocs is the Comp any’s automated pre-printing press technology that prepares ! customer ! documents received over the Internet for high-resolution printing. The Company’s VistaBridge technology allows the Company to store and process. The Company’s aggregation software scans these pending jobs and analyzes a range of production characteristics, including quantity, type and format of raw material, color versus black and white, single or double-sided print, delivery date, shipping location, type of production system being used and type of product. For printed products, the VistaBridge software then automatically aggregates orders with similar production characteristics from multiple customers into a single document image that is transferred to either a digital press or to an automated plating system that produces offset printing plates. Viper is the Company’s workflow and production management software for tracking and managing its global production facilities on a networked basis. Viper monitors and manages bar-code driven production batch and order management, pi ck and pack operations, and addressing and shipping of orders.
The Company uses its marketing technologies to generate and display additional products incorporating the customer’s initial designs, facilitating the cross-sale of related products and services. VistaMatch Software generates and displays one or more additional customized product designs based upon a customer’s existing design. Design elements and customer information are automatically transferred to the additional design.
Automated Cross-Sell and Up-Sell technology permits the Company to show a customer, while the customer is in the process of purchasing a product, marketing offers for one or more additional or related products. Localization/Language Map is the Company’s content management system that permits all of its localized Websites, and the changes to those Websites, to be managed by the same software engine. Text and image components of the Company’s Web pages are separated, tr anslated and stored in its managed content database.
- [By Anna Prior]
VistaPrint NV(VPRT) agreed to acquire most of e-commerce printing firm Pixartprinting SRL for roughly EUR127 million ($175 million), expanding the breadth of the online printing-services provider’s range of product offerings.
- [By Roberto Pedone]
Vistaprint (VPRT) provides online customized marketing products and services. This stock closed up 5.2% to $55.01 in Friday’s trading session.
Friday’s Volume: 1.16 million
Three-Month Average Volume: 250,767
Volume % Change: 396%
Shares of VPRT jumped higher on Friday after the company reported a profit topping Wall Street expectations and beat the revenue expectation.
From a technical perspective, VPRT broke out here above some near-term overhead resistance at $53.16 with heavy upside volume. This stock has been uptrending strong for the last four months, with shares moving higher from its low of $36.51 to its intraday high on Friday of $55.25. During that uptrend, shares of VPRT have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of VRPT within range of triggering a major breakout trade That trade will hit if VRPT manages to take out $55.25 to its three-year high at $56.25.
Traders should now look for long-biased trades in VPRT as long as it’s trending above $53.16 or above $52 and then once it sustains a move or close above those breakout levels with volume that hits near or above 250,767 shares. If that breakout hits soon, then VRPT will set up to enter new 52-week- and three-year-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $60 to $65.
- [By Geoff Gannon] f=”http://www.gurufocus.com/news/161732/glenn-greenbergs-new-buys-growth-stocks-for-value-investors”>your article on Glenn Greenberg.
I didn’t realize that you also look at this type of company.
Looking through some investor presentations, I’m not really convinced that they can maintain current growth rates of 20%.
Their production facilities are all based in high cost developed nations.
Why could this not be copied in Asia?
I just don’t see the moat.
Current valuation assumes double digit performance for several years, one small dip and the stock dives, no margin of safety here…
You bring up an interesting point about cost. But I’m not sure how much a small price differential matters to customers in this kind of business. I would have to look into that. Any logistical problems would lose you a customer. Also, that assumes the lowest labor costs lead to the lowest production costs – I’m not sure tha t’s true in the printing industry.
I’ve had business cards printed. And screwed up (not by Vistaprint). As long as the price was reasonable, I would’ve gone with “the best”. And I would’ve had no way to know who “the best” was other than the most recognized name. Actually, I remember that being the problem when I needed some business cards, company stationary, etc., printed. I had to visit a couple websites. Look at them. Try to guess which was the best. Or at least decent. It was like getting a plumber or something. I had very little ability to separate the good guys from the bad guys. I wasn’t spending time thinking about price – many printers had prices that seemed awfully similar to me. Instead I was just overwhelmed how frustratingly identical all the choices were.
I had no way to make an informed decision.
I can certainly imagine ways of saving money. But I really doubt labor is a good place to try to find those savings. Small or ders to small custome
- [By John Udovich]
Printing and the various forms of marketing communications that need to be printed (like business cards and stationary) are fundamental to the needs of every business, meaning the recent share surge of small cap Standard Register Co (NYSE: SR) after it announced an acquisition along with its long-term performance against better known peers like RR Donnelley & Sons Co (NASDAQ: RRD) and VistaPrint Limited (NASDAQ: VPRT) is worth taking a closer look at. After all, Standard Register is up 363.2% since the start of the year verses a return of 113.4% for RR Donnelley & Sons Co and 75.9% for VistaPrint Limited.