Tag Archives: BP

Zacks: Brokerages Anticipate BP (BP) to Announce $0.85 EPS

Wall Street analysts expect BP (NYSE:BP) to announce earnings per share (EPS) of $0.85 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for BP’s earnings. The highest EPS estimate is $0.87 and the lowest is $0.82. BP reported earnings per share of $0.21 during the same quarter last year, which indicates a positive year-over-year growth rate of 304.8%. The business is scheduled to issue its next quarterly earnings results on Tuesday, August 7th.

On average, analysts expect that BP will report full-year earnings of $3.06 per share for the current fiscal year, with EPS estimates ranging from $2.68 to $3.33. For the next fiscal year, analysts anticipate that the company will post earnings of $3.07 per share, with EPS estimates ranging from $2.48 to $3.45. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for BP.

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BP (NYSE:BP) last announced its quarterly earnings data on Tuesday, May 1st. The oil and gas exploration company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. BP had a net margin of 1.71% and a return on equity of 7.22%. The company had revenue of $68.17 billion during the quarter, compared to analysts’ expectations of $69.40 billion. During the same quarter in the prior year, the company posted $0.08 EPS. The business’s revenue was up 22.0% on a year-over-year basis.

A number of equities analysts have recently issued reports on BP shares. Zacks Investment Research upgraded shares of BP from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Monday, March 12th. Royal Bank of Canada upgraded shares of BP from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $33.10 to $40.10 in a research note on Monday, February 26th. Goldman Sachs upgraded shares of BP from a “neutral” rating to a “buy” rating and increased their price objective for the company from $43.91 to $54.00 in a research note on Monday, April 23rd. Vetr cut shares of BP from a “strong-buy” rating to a “buy” rating and set a $44.43 price objective for the company. in a research note on Wednesday, March 21st. Finally, Scotiabank restated a “buy” rating and issued a $47.00 price objective on shares of BP in a research note on Monday, April 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $44.22.

Shares of BP opened at $45.88 on Friday, MarketBeat.com reports. The stock has a market cap of $154.83 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 1.76 and a beta of 0.89. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.52.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 22nd. Investors of record on Friday, May 11th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Thursday, May 10th. BP’s dividend payout ratio (DPR) is currently 94.68%.

Several institutional investors have recently made changes to their positions in BP. Renaissance Technologies LLC increased its position in BP by 119.2% in the 4th quarter. Renaissance Technologies LLC now owns 5,801,144 shares of the oil and gas exploration company’s stock valued at $243,822,000 after acquiring an additional 3,155,200 shares in the last quarter. Deutsche Bank AG increased its position in BP by 91.3% in the 4th quarter. Deutsche Bank AG now owns 4,270,553 shares of the oil and gas exploration company’s stock valued at $179,488,000 after acquiring an additional 2,037,709 shares in the last quarter. Ceredex Value Advisors LLC acquired a new stake in BP in the 1st quarter valued at about $78,147,000. Virtus Fund Advisers LLC acquired a new stake in BP in the 4th quarter valued at about $71,406,000. Finally, Acadian Asset Management LLC increased its position in BP by 17.3% in the 4th quarter. Acadian Asset Management LLC now owns 6,444,903 shares of the oil and gas exploration company’s stock valued at $270,881,000 after acquiring an additional 950,489 shares in the last quarter. Institutional investors and hedge funds own 10.20% of the company’s stock.

About BP

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

Get a free copy of the Zacks research report on BP (BP)

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Earnings History and Estimates for BP (NYSE:BP)

Zacks: Brokerages Anticipate BP (BP) to Announce $0.85 EPS

Wall Street analysts expect BP (NYSE:BP) to announce earnings per share (EPS) of $0.85 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for BP’s earnings. The highest EPS estimate is $0.87 and the lowest is $0.82. BP reported earnings per share of $0.21 during the same quarter last year, which indicates a positive year-over-year growth rate of 304.8%. The business is scheduled to issue its next quarterly earnings results on Tuesday, August 7th.

On average, analysts expect that BP will report full-year earnings of $3.06 per share for the current fiscal year, with EPS estimates ranging from $2.68 to $3.33. For the next fiscal year, analysts anticipate that the company will post earnings of $3.07 per share, with EPS estimates ranging from $2.48 to $3.45. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for BP.

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BP (NYSE:BP) last announced its quarterly earnings data on Tuesday, May 1st. The oil and gas exploration company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. BP had a net margin of 1.71% and a return on equity of 7.22%. The company had revenue of $68.17 billion during the quarter, compared to analysts’ expectations of $69.40 billion. During the same quarter in the prior year, the company posted $0.08 EPS. The business’s revenue was up 22.0% on a year-over-year basis.

A number of equities analysts have recently issued reports on BP shares. Zacks Investment Research upgraded shares of BP from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Monday, March 12th. Royal Bank of Canada upgraded shares of BP from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $33.10 to $40.10 in a research note on Monday, February 26th. Goldman Sachs upgraded shares of BP from a “neutral” rating to a “buy” rating and increased their price objective for the company from $43.91 to $54.00 in a research note on Monday, April 23rd. Vetr cut shares of BP from a “strong-buy” rating to a “buy” rating and set a $44.43 price objective for the company. in a research note on Wednesday, March 21st. Finally, Scotiabank restated a “buy” rating and issued a $47.00 price objective on shares of BP in a research note on Monday, April 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $44.22.

Shares of BP opened at $45.88 on Friday, MarketBeat.com reports. The stock has a market cap of $154.83 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 1.76 and a beta of 0.89. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.52.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 22nd. Investors of record on Friday, May 11th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Thursday, May 10th. BP’s dividend payout ratio (DPR) is currently 94.68%.

Several institutional investors have recently made changes to their positions in BP. Renaissance Technologies LLC increased its position in BP by 119.2% in the 4th quarter. Renaissance Technologies LLC now owns 5,801,144 shares of the oil and gas exploration company’s stock valued at $243,822,000 after acquiring an additional 3,155,200 shares in the last quarter. Deutsche Bank AG increased its position in BP by 91.3% in the 4th quarter. Deutsche Bank AG now owns 4,270,553 shares of the oil and gas exploration company’s stock valued at $179,488,000 after acquiring an additional 2,037,709 shares in the last quarter. Ceredex Value Advisors LLC acquired a new stake in BP in the 1st quarter valued at about $78,147,000. Virtus Fund Advisers LLC acquired a new stake in BP in the 4th quarter valued at about $71,406,000. Finally, Acadian Asset Management LLC increased its position in BP by 17.3% in the 4th quarter. Acadian Asset Management LLC now owns 6,444,903 shares of the oil and gas exploration company’s stock valued at $270,881,000 after acquiring an additional 950,489 shares in the last quarter. Institutional investors and hedge funds own 10.20% of the company’s stock.

About BP

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

Get a free copy of the Zacks research report on BP (BP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for BP (NYSE:BP)

Zacks: Brokerages Anticipate BP (BP) to Announce $0.85 EPS

Wall Street analysts expect BP (NYSE:BP) to announce earnings per share (EPS) of $0.85 for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have provided estimates for BP’s earnings. The highest EPS estimate is $0.87 and the lowest is $0.82. BP reported earnings per share of $0.21 during the same quarter last year, which indicates a positive year-over-year growth rate of 304.8%. The business is scheduled to issue its next quarterly earnings results on Tuesday, August 7th.

On average, analysts expect that BP will report full-year earnings of $3.06 per share for the current fiscal year, with EPS estimates ranging from $2.68 to $3.33. For the next fiscal year, analysts anticipate that the company will post earnings of $3.07 per share, with EPS estimates ranging from $2.48 to $3.45. Zacks’ earnings per share averages are an average based on a survey of research analysts that that provide coverage for BP.

Get BP alerts:

BP (NYSE:BP) last announced its quarterly earnings data on Tuesday, May 1st. The oil and gas exploration company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. BP had a net margin of 1.71% and a return on equity of 7.22%. The company had revenue of $68.17 billion during the quarter, compared to analysts’ expectations of $69.40 billion. During the same quarter in the prior year, the company posted $0.08 EPS. The business’s revenue was up 22.0% on a year-over-year basis.

A number of equities analysts have recently issued reports on BP shares. Zacks Investment Research upgraded shares of BP from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a research note on Monday, March 12th. Royal Bank of Canada upgraded shares of BP from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $33.10 to $40.10 in a research note on Monday, February 26th. Goldman Sachs upgraded shares of BP from a “neutral” rating to a “buy” rating and increased their price objective for the company from $43.91 to $54.00 in a research note on Monday, April 23rd. Vetr cut shares of BP from a “strong-buy” rating to a “buy” rating and set a $44.43 price objective for the company. in a research note on Wednesday, March 21st. Finally, Scotiabank restated a “buy” rating and issued a $47.00 price objective on shares of BP in a research note on Monday, April 9th. Two equities research analysts have rated the stock with a sell rating, five have assigned a hold rating, twelve have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $44.22.

Shares of BP opened at $45.88 on Friday, MarketBeat.com reports. The stock has a market cap of $154.83 billion, a price-to-earnings ratio of 24.40, a PEG ratio of 1.76 and a beta of 0.89. The company has a quick ratio of 0.81, a current ratio of 1.13 and a debt-to-equity ratio of 0.52.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 22nd. Investors of record on Friday, May 11th will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.23%. The ex-dividend date is Thursday, May 10th. BP’s dividend payout ratio (DPR) is currently 94.68%.

Several institutional investors have recently made changes to their positions in BP. Renaissance Technologies LLC increased its position in BP by 119.2% in the 4th quarter. Renaissance Technologies LLC now owns 5,801,144 shares of the oil and gas exploration company’s stock valued at $243,822,000 after acquiring an additional 3,155,200 shares in the last quarter. Deutsche Bank AG increased its position in BP by 91.3% in the 4th quarter. Deutsche Bank AG now owns 4,270,553 shares of the oil and gas exploration company’s stock valued at $179,488,000 after acquiring an additional 2,037,709 shares in the last quarter. Ceredex Value Advisors LLC acquired a new stake in BP in the 1st quarter valued at about $78,147,000. Virtus Fund Advisers LLC acquired a new stake in BP in the 4th quarter valued at about $71,406,000. Finally, Acadian Asset Management LLC increased its position in BP by 17.3% in the 4th quarter. Acadian Asset Management LLC now owns 6,444,903 shares of the oil and gas exploration company’s stock valued at $270,881,000 after acquiring an additional 950,489 shares in the last quarter. Institutional investors and hedge funds own 10.20% of the company’s stock.

About BP

BP p.l.c. engages in energy business worldwide. It operates through three segments: Upstream, Downstream, and Rosneft. The Upstream segment is involved in the oil and natural gas exploration, field development, and production; midstream transportation, storage, and processing; and marketing and trading of liquefied natural gas (LNG), biogas, power and natural gas liquids (NGLs).

Get a free copy of the Zacks research report on BP (BP)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for BP (NYSE:BP)

Major Oil Boom Shocks Short Sellers

Crude oil is finally back above $70 a barrel after suffering for a while. Before this, oil had not been at this price level in over two years. Crude only reached above $70 this past week but the question remains whether it willstay. Recent Middle East tensions have helped push the price higher as well. The current crude price still pales in comparison to what it was in 2014.

The April 30 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.

Chevron Corp. (NYSE: CVX) saw its short interest decrease to 20.99 million shares from the previous reading of 22.93 million. The shares were last seen trading at $129.15, in a 52-week range of $102.55 to $133.88.

Short interest in Exxon Mobil Corp. (NYSE: XOM) decreased to 28.99 million shares from the previous 31.74 million. The stock traded at $81.30, within a 52-week range of $72.16 to $89.30.

BP PLC (NYSE: BP) short interest fell to 5.40 million shares from the previous reading of 7.95 million. Shares traded at $45.90, in a 52-week range of $33.90 to $46.85.

The number of ConocoPhillips (NYSE: COP) shares short fell to 21.01 million from the previous level of 24.44 million. Shares were trading at $69.15, within a 52-week range of $42.27 to $70.15.

Short interest at Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, decreased to 32.43 million shares from the previous 34.35 million. The stock traded at $15.95 a share, in a 52-week range of $7.61 to $15.77. Unfortunately, Petrobras may be trading on an entirely different set of fundamentals and sentiment due to its ongoing woes in Brazil.

Occidental Petroleum Corp.s (NYSE: OXY) short interest increased to 11.05 million shares from the previous reading of 10.74 million. Shares recently traded at $83.20, in a 52-week range of $57.84 to $84.28.

ALSO READ: The 6 Most Shorted NYSE Stocks

Top 10 European Companies To Buy Right Now

Stocks will open lower this morning as oil continued to fall, and shares ofExxonMobil (XOM) andBP (BP) head lower following earnings reports.

sanjeev gupta/European Pressphoto Agency

S&P 500 futures have dropped 0.8%, while Dow Jones Industrial Average futures have fallen 0.8%. Nasdaq Composite futures have declined 0.8%. Oil has dropped 4% to $30.37 a barre.

Mattel (MAT) has climbed 7% to $28.62 after the toy company reported its first quarterly revenue gain in more than two years.

Dow Chemical (DOW) has gained 2.8% to $43.79 after the chemical company beat earnings and revenue forecasts.

Michael Kors (KORS) has soared 19% to $48.20 after the beaten down purveyor of purses and other accessories reported earnings that beat the Street consensus.

ExxonMobil (XOM) has fallen 1.9% to $74.81 even though the oil giant beat earnings forecasts, as BP’s (BP) reported a monster loss that has put a damper on the entire industry. BP has tumbled 8.3% top $29.07.

Top 10 European Companies To Buy Right Now: Jabil Circuit Inc.(JBL)

Jabil Circuit, Inc., together with its subsidiaries, provides electronic manufacturing services and solutions worldwide. The company offers electronics and mechanical design, production, product management, and after-market services to companies in the aerospace, automotive, computing, consumer, defense, industrial, instrumentation, medical, networking, peripherals, solar, storage, and telecommunications industries. Its services comprise integrated design and engineering; component selection, sourcing, and procurement; automated assembly; design and implementation of product testing; parallel global production; enclosure services; and systems assembly, direct-order fulfillment, and configure-to-order services. The company also provides set-top boxes, mobility products, and display products, as well as peripheral products, such as printers and point of sale terminals; and aftermarket services consisting of warranty and repair services. Jabil Circuit, Inc. was founded in 196 6 and is headquartered in St. Petersburg, Florida.

Advisors’ Opinion:

  • [By Amber Hestla, Michael J. Carr]

    Another Apple supplier to consider is Jabil Circuit (NYSE: JBL), a company that offers a number of manufacturing services to customers in the technology sector.

Top 10 European Companies To Buy Right Now: Packaging Corporation of America(PKG)

Packaging Corporation of America produces and sells containerboard and corrugated products in the United States. Its corrugated packaging products, include conventional shipping containers used to protect and transport manufactured goods; and multi-color boxes and displays with strong that help to merchandise the packaged product in retail locations. The company also offers meat boxes and wax-coated boxes for the agricultural industry. Packaging Corporation sells its products through direct sales and marketing organization. The company was founded in 1867 and is headquartered in Lake Forest, Illinois.

Advisors’ Opinion:

  • [By Paul Ausick]

    Stocks on the move: Boise Inc. (NYSE: BZ) is up 26% at $12.55 following the companys acquisition by Packaging Corporation of America Inc. (NYSE: PKG) for $12.55 a share ($1.28 billion). Omeros Corp. (NASDAQ: OMER) is up 68.2% at $8.56 following an analyst upgrade. Northern Dynasty Minerals Ltd. (NYSEArca: NAK) is down 33.3% at $1.48 following an announcement from Anglo American plc that it was withdrawing from a massive copper mining project in Alaska.

  • [By David Sterman]

    That was precisely the rationale behind Packaging Corp. of America's (NYSE: PKG) just-announced $2 billion (in cash and assumed debt) acquisition of rival Boise (NYSE: BZ). The deal will create a $6 billion (in sales) behemoth in the cardboard box industry.

Top 5 Medical Stocks To Invest In Right Now: Novo Nordisk A/S(NVO)

 

Novo Nordisk A/S, a healthcare company, engages in the discovery, development, manufacture, and marketing of pharmaceutical products worldwide. It operates in two segments, Diabetes Care and Biopharmaceuticals. The Diabetes Care segment covers insulins, GLP-1 analog, obesity, and oral antidiabetic drugs, as well as other protein related products comprising glucagon, protein related delivery systems, and needles. The Biopharmaceuticals segment offers products in the areas of haemophilia care, growth hormone therapy, and hormone replacement therapy. The company markets and distributes its products through its subsidiaries, distributors, and independent agents. Novo Nordisk A/S has a collaboration agreement with the Langer Laboratory for the development of next-generation drug delivery devices; and collaboration and licensing agreement with Ablynx nv to discover and develop novel multi-specific Nanobody drug candidates. The compa ny was founded in 1925 and is headquartered in Bagsvaerd, Denmark.

Advisors’ Opinion:

  • [By Charles Carlson, CEO and Portfolio Manager, Horizon Investment Services]

    For investors looking for growth but also income, I especially like three health-care related stocksFresenius Medical (FMS), Novo Nordisk (NVO), and Smith & Nephew (SNN).

Top 10 European Companies To Buy Right Now: Emerson Electric Company(EMR)

Emerson Electric Co. operates as a diversified manufacturing and technology company. The company engages in appliance solutions, climate technologies, industrial automation, motor technology, network power, process management, professional tools, and storage solutions businesses. Its appliance solutions business provides appliance controls, appliance motors, heating products, and white-rodgers; climate technology business provides heating, ventilation, air conditioning, and refrigeration (HVACR) solutions for residential, industrial, and commercial applications; and industrial automation business offers bearings and power transmission products, electrical power generation products, electric motors, variable speed drives and servos, electrical products, material joining solutions, fluid automation products, and wind turbine systems. The company?s motor technology business provides appliance motors, HVACR motors, DC motors, fractional horsepower motors, integral horsepower a nd larger motors, and drives; network power business provides power, precision cooling, connectivity, and embedded solutions; and process management business provides various wireless related products from self-organizing field networks to wireless asset and people tracking. Its professional tools business offers pipe working and threading equipment, pressing technology, utility locating and visual diagnostics systems, drain maintenance tools, power tools, air tools, general purpose hand tools, wet/dry vacs, job site storage equipment, truck tool boxes and equipment, and van storage equipment; and storage solutions business provides shelving and storage products for residential, commercial, and foodservice needs, as well as offers specialized carts, mobile computer workstations, and cabinet fixtures. The company was founded in 1890 and is headquartered in St. Louis, Missouri.

Advisors’ Opinion:

  • [By Rising Dividend Investing]

    Pent Up Demand Pushing Cyclical Stocks

    We are coming out of a lengthy period of decreased spending in the wake of 2008-09, which has built pent up demand for automobiles, housing and capital expenditures. The average age of vehicles on the road has reached a record high of 11.4 years. Demand for new houses fell off dramatically since the Great Recession. The average U.S. home was built in 1974 and continues to age.
    As people have chosen to fix rather than replace their vehicles and homes, we’ve seen the replacement-type industries do very well. Auto Retail’s second quarter sales and earnings per share were up 14.7% and 18.6%, respectively. Home improvement retail grew sales nearly 10% with earnings up 20% from second quarter 2012.
    Adding to the pent up demand for housing is the number of young people living with their parents rather than buying or renting on their own. According to real-estate marketplace Trulia, the number of “missing hou seholds” (Americans who would currently be owning or renting a home if pre-recession economic trends had continued) was up to 2.4 million in March. More than half of these missing households are 18 to 34-year-olds.
    This pent up demand extends beyond just the immediate products being bought by consumers. Businesses have held off replacing durable goods since the recession. All of this excess demand will have to be released at some point. Eventually, these homes and vehicles will exceed their useful life and need to be replaced. To meet the need for the excess demand, companies will not be able to hold off re-investing in new plant equipment.
    We’ve seen the beginning of this demand in 2013 and believe there is more to come. The market is buying into this as well, as more growth and manufacturing oriented sectors – such as Consumer Discretionary and Industrials – have performed well over the near-term.
    Share prices for stocks in the Indu strial sectors are mo

Top 10 European Companies To Buy Right Now: AAON Inc.(AAON)

AAON, Inc., together with its subsidiaries, engages in the manufacture and sale of air conditioning and heating equipment primarily in the United States and Canada. The company offers rooftop units, chillers, air-handling units, make-up air units, heat recovery units, condensing units, commercial self contained units, and coils. It serves the commercial and industrial new construction and replacement markets. AAON, Inc. sells its products through manufacturers representatives and internal sales force. The company was founded in 1987 and is based in Tulsa, Oklahoma.

Advisors’ Opinion:

  • [By Jonas Elmerraji]

    We’re seeing the exact same setup in shares of small-cap HVAC firm Aaon (AAON). The biggest difference is that in AAON’s case, the ascending triangle pattern is coming in at the top of this stock’s recent price action, not at the bottom. That makes this a more textbook trade for September.

    Another important difference is the fact that AAON hasn’t triggered yet. Shares have been coiling below $26 resistance since the middle of the summer; a breakout above that $26 level is the indicator that it’s time to buy. Whenever you’re looking at any technical price pattern, it’s critical to think in terms of buyers and sellers. Triangles and other price pattern names are a good quick way to explain what’s going on in this stock, but they’re not the reason it’s tradable. Instead, it all comes down to supply and demand for shares.

    That resistance line at $26 is a price where there’s an excess of supply of shares; in other words, it’s a place where sellers have been more eager to take recent gains and sell their shares than buyers have been to buy. That’s what makes the move above it so significant — a breakout indicates that buyers are finally strong enough to absorb all of the excess supply above that price level.

    Wait for that to happen before you put your money on this trade.

Top 10 European Companies To Buy Right Now: American International Group Inc.(AIG)

American International Group, Inc. is an international insurance organization. The company operates property and casualty insurance networks worldwide and conducts activities in the U.S. life insurance and retirement services industry. It also involves in commercial aircraft leasing and residential mortgage guaranty insurance businesses. The company, through Chartis Inc., provides various property and casualty insurance products under commercial and consumer categories worldwide. These products include surplus lines, executive liability/directors? and officers? liability, employment practices, excess casualty, and travel/assistance lines. American International Group, through SunAmerica Financial Group, offers a suite of life insurance and retirement products and services, including term life, universal life, accident and health, fixed and variable deferred annuities, fixed payout annuities, mutual funds, and financial planning products and services to individuals and grou ps in the United States. The company, through International Lease Finance Corporation, operates as an aircraft lessor that acquires commercial jet aircraft from various manufacturers and other parties, and leases those aircraft to airlines worldwide. It also sells aircraft from its fleet to other leasing companies, financial services companies, and airlines, as well as provides management services to third-party owners of aircraft portfolios. American International Group, through United Guaranty Corporation, issues residential mortgage guaranty insurance that covers mortgage lenders from the first loss for credit defaults on high loan-to-value conventional first-lien mortgages for the purchase or refinance of one- to four-family residences in the U.S. and internationally. The company was founded in 1967 and is based in New York, New York.

Advisors’ Opinion:

  • [By David Sterman]

    My favorite insurers: AIG (NYSE: AIG) (which I discussed a few months ago), Protective Life (NYSE: PL) and Reinsurance Group of America (NYSE: RGA).

  • [By Diane Alter]

    The last time a Dow shake-up caused such a stir was in April 2004, when AT&T (NYSE: T), Eastman Kodak (currently in bankruptcy proceedings), and International Paper Co. (NYSE: IP) were removed and replaced with American International Group Inc. (NYSE: AIG), Pfizer Inc. (NYSE: PFE), and Verizon Communications Inc. (NYSE: VZ).

Top 10 European Companies To Buy Right Now: Starbucks Corporation(SBUX)

Starbucks Corporation purchases and roasts whole bean coffees. It operates approximately 16,858 stores, including 8,833 company-operated stores and 8,025 licensed stores. The company offers approximately 30 blends and single-origin premium arabica coffees. It also provides handcrafted beverages, such as fresh-brewed coffee, hot and iced espresso beverages, coffee and non-coffee blended beverages, Vivanno smoothies, and Tazo teas; and merchandise products, including home espresso machines, coffee brewers and grinders, coffee mugs and accessories, packaged goods, music, books, and gift items. In addition, it offers fresh food items, which comprise baked pastries, sandwiches, salads, oatmeal, yogurt parfaits, and fruit cups. Further, it also provides VIA ready brew coffee, bottled frappuccino beverages, discoveries chilled cup coffee, doubleshot espresso drinks, iced coffee, whole bean coffee, and ice creams. The company?s brand portfolio includes Tazo tea, Ethos water, Seatt le?s Best Coffee, and Torrefazione Italia Coffee. Starbucks Corporation sells its products in approximately 50 countries worldwide. Starbucks Corporation was founded in 1971 and is based in Seattle, Washington.

Advisors’ Opinion:

  • [By Victor Mora]

    Starbucks provides in-demand coffee and tea products and services to consumers around the world. The company is reportedly ready to expand to Colombia, where it sources most of its beans. The stock has been flying higher in recent years and is now trading at all-time high prices. Over the past four quarters, earnings and revenues have been rising, which have led to upbeat investors in the company. Relative to its peers and sector, Starbucks has been a year-to-date performance leader. Look for Starbucks to continue to OUTPERFORM.

  • [By Jared Cummans]

    The ultra-popular coffee chain Starbucks (SBUX) has announced a new Group President for Global Business Services.

    The hire comes from within, as CFO Troy Alstead has been given the new title, while still maintaining his CFO position. Alstead has been a member of the Starbucks team since 1992; a time when the company was private and had just 100 stores. Over his two decade tenure he held a number of financial and managerial positions and was also an original member of the Starbucks International team.

    Alstead will look to continue to contribute to the firm’s strong success, as its stock currently sits just below its all-time high. Though the company suffered a slight drawback in early 2012, it has gotten back on track and pushed to new levels.

    Starbucks shares were up 80 cents, or 1.05%, upon Tuesday’s close. The stock is up over 40% this year alone.

  • [By David Sterman]

    Consumers will migrate to other machines that work with the growing proliferation of K-cup options, all of which are cheaper than Green Mountain's offerings. The effort to design an "enhanced brewing process" also seems curious. Few consumers seem to feel that current K-cup offerings are disappointing. It's akin to Starbucks (Nasdaq: SBUX) saying, "Our coffee used to be good, but we're making it better." That's not what a Starbucks customer is looking to hear.

Top 10 European Companies To Buy Right Now: CBOE Holdings Inc.(CBOE)

CBOE Holdings, Inc., through its subsidiaries, operates markets for the execution of transactions in exchange-traded options. The company offers marketplaces for trading of options on individual equities, various market indexes, exchange-traded notes, and exchange-traded funds, as well as futures contracts and cash equities. It has strategic relationships with Standard & Poor’s Corporation; Dow Jones & Co.; NASDAQ; and Frank Russell Co. The company was founded in 1973 and is based in Chicago, Illinois.

Advisors’ Opinion:

  • [By CNNMoney Staff]

    Stocks continued to rally despite the fact that options trading was temporarily halted Monday afternoon at exchanges run by CBOE Holdings (CBOE), Nasdaq OMX (NDAQ), BATS Global Markets and Miami International Holdings due to issues at the Options Price Reporting Authority (OPRA), which provides trading data and price quotes.

Top 10 European Companies To Buy Right Now: Halliburton Company(HAL)

Halliburton Company provides various products and services to the energy industry for the exploration, development, and production of oil and natural gas worldwide. It operates in two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services, completion tools and services, cementing services, and Boots & Coots. Its production enhancement services include stimulation and sand control services; completion tools and services comprise subsurface safety valves and flow control equipment, surface safety systems, packers and specialty completion equipment, intelligent completion systems, expandable liner hanger systems, sand control systems, well servicing tools, and reservoir performance services; cementing services consist of bonding the well and well casing, while isolating fluid zones and maximizing wellbore stability, and casing equipment; and Boots & Coots include well intervention services , pressure control, equipment rental tools and services, and pipeline and process services. The Drilling and Evaluation segment provides field and reservoir modeling, drilling, evaluation, and wellbore placement solutions that enable customers to model, measure, and optimize their well construction activities. Its services comprise fluid services, drilling services, drill bits, wireline and perforating services, testing and subsea services, software and asset solutions, and integrated project management and consulting services. The company serves independent, integrated, and national oil companies. Halliburton Company was founded in 1919 and is headquartered in Houston, Texas.

Advisors’ Opinion:

  • [By Tony Daltorio]

    The biggest oilfield service companies should get a big lift from the boom, Moors said. That includes Schlumberger Ltd. (NYSE: SLB), Halliburton Co. (NYSE: HAL), Weatherford International Ltd. (NYSE: WFT), and Baker Hughes Inc. (NYSE: BHI).

Top 10 European Companies To Buy Right Now: Clean Energy Fuels Corp.(CLNE)

Clean Energy Fuels Corp., together with its subsidiaries, provides natural gas as an alternative fuel for vehicle fleets in the United States and Canada. The company designs, builds, operates, and maintains fueling stations, as well as supplies compressed natural gas (CNG) and liquefied natural gas (LNG) fuel for medium and heavy-duty vehicles. Its CNG is used in automobiles, light to medium-duty vehicles, refuse trucks, and transit buses as an alternative to gasoline and diesel. The company also sells non-lubricated natural gas compressors and related equipment used in CNG and LNG stations; and produces renewable natural gas, which is used as vehicle fuel or sold for power generation. In addition, it offers vehicle finance services for the purchase of natural gas vehicles, as well as for the conversion of gasoline or diesel powered vehicles to operate on natural gas. Further, the company provides natural gas conversions, alternative fuel systems, application engineering, service and warranty support, and research and development services for natural gas vehicles. As of December 31, 2011, it served approximately 530 fleet customers with approximately 25,000 natural gas vehicles; and owned, operated, or supplied 273 natural gas fueling stations in 23 states within the United States, and British Columbia and Ontario within Canada, as well as in Peru. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Seal Beach, California.

Advisors’ Opinion:

  • [By Michael Vodicka]

    Clean Energy Fuels Corp. (CLNE) designs, builds and operates natural gas filling stations in the United States. The company supplies compressed natural gas (CNG) and liquefied natural gas (LNG), serving a fleet of 650 customers, more than 32,000 natural-gas vehicles while owning or supplying more than 350 filling stations in 32 states.