Ladenburg Thalmann’s Adolfo Rueda explains why he’s feeling bullish about shares of Lululemon Athletica (LULU):
We highlight the daily chart for LULU and rate the stock Outperform. We would add/buy at current levels as well as on slight weakness. We are using a technical target of $72.00 while using a stop of $58.75.
LULU reclaimed its slowly deteriorating moving average in January and February. LULU tested and bounced off its improving short-term moving average twice so far in 2016. LULU is currently testing its improving short-term moving average again. The stock gapped up in late March and then pulled back filling in the gap. We believe the upside gap increases the probabilities to contain downside pressure. LULU has been able to stabilize above the short dashed black horizontal line. We believe the probabilities are favorable for LULU to trend higher if LULU can stabilize above the long dashed black horizontal line. Momentum indicators are slowly improving.
Top 5 Logistics Stocks To Own For 2016: NQ Mobile Inc.(NQ)
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NQ Mobile Inc. provides mobile Internet services in the Peoples Republic of China and internationally. The company provides products and services in the areas of mobile security, privacy, optimization, personalized cloud, and family protection. It operates through two segments, Consumer and Enterprise. The company offers NQ Mobile Security, a mobile security product that protects users mobile data from viruses, malware, hackers, and spyware; NQ Mobile Vault, which helps users control pictures, videos, contacts, SMS, and call logs; Android Booster and Super Task Killer that tune users smart devices to achieve optimum performance; NQ Family Guardian, which allows parents to monitor and protect their childrens smart device activities; and cloud security SDK that allows third-party developers to incorporate the function to their applications and products. It also provides mobile entertainment applications and platforms, including Showself Live Video, a live mobile social video platform, which facilitates real-time video shows, enables mobile users to interact and socialize with hosts, and offers a series of in-show mobile games; Showself Desktop, a personalized interactive and programmable mobile desktop application that offers dynamic and themed-wallpaper, and desktop applications; and Showself Music Radar, which provides automatic audio content recognition services, as well as publishes mobile games for third-parties. In addition, NQ Mobile Inc. offers enterprise mobility solutions and services, including system management, application development, business intelligence, and maintenance services, as well as provides advertising and customer support services. The company was formerly known as NetQin Mobile Inc. and changed its name to NQ Mobile Inc. in April 2012. NQ Mobile Inc. was founded in 2005 and is headquartered in Beijing, the Peoples Republic of China.
Advisors’ Opinion:
- [By Lisa Levin]
NQ Mobile Inc (ADR) (NYSE: NQ) shares dropped 16 percent to $3.88 after the company issued an update on the FL Mobile divestment. NQ Mobile is expected to report Q4 financial results on March 21, 2016.
- [By Lisa Levin]
On Thursday, telecommunications services shares gained by 0.42 percent. Meanwhile, top gainers in the sector included 8×8, Inc. (NASDAQ: EGHT), up 4 percent, and NQ Mobile Inc (ADR) (NYSE: NQ), up 2 percent.
Top 5 Logistics Stocks To Own For 2016: Yahoo! Inc.(YHOO)
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Yahoo! Inc., together with its subsidiaries, provides search and display advertising services on Yahoo properties and affiliate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which enables users to connect, communicate, and share experiences in real-time. It also provides digital content products, including Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, as well as Tumbl r messaging that enables users to engage with other users that share their same interests and passions. In addition, the company provides advertiser products, such as Yahoo Gemini, a marketplace for search and native advertising; and BrightRoll, which offers a suite of media-agnostic tools to enable advertisers, publishers, and partners connect with users across ad formats and devices. Further, it offers advertising formats; and digital advertising products, such as Yahoo native, Yahoo video, Yahoo premium, and Yahoo audience ads. Additionally, the company offers Yahoo Mobile Developer suite consisting of Flurry Analytics, Yahoo App Publishing, Yahoo App Marketing, and Tumblr In-App Sharing tools to measure, monetize, advertise, and improve their apps. Yahoo! Inc. was founded in 1994 and is headquartered in Sunnyvale, California.
Advisors’ Opinion:
- [By Igor Novgorodtsev]
Google has updated its installation policies for AdWords affiliates such as browser toolbar makers which became active for most companies early this year. This change led to a number of articles on Seeking Alpha making a short case for AVG and Perion as well as some rebuttals from me and other authors. The biggest flaw in the "short case" was a failure to recognize that Google is not the only game in town. While Google commands a dominant 68% search market share, Bing (MSFT) with 18% and Yahoo (YHOO) with 11% are desperate to keep pace and do not impose equally onerous terms on its affiliates. Conduit dumped Google for Bing almost three years ago for US users. I speculate that the new company will become a predominantly Bing shop (Yahoo also runs on Bing with revenue sharing) removing remaining headwinds from Google policy changes, which put a dent in Perion’s and Conduit’s revenue this year. If Perion switches to Conduit’s search page and toolbar, the switch to Bing for US users would become immediate and automatic.
- [By Alex Jordon]
A variety of acquisitions ramps up Oracle’s presence in cloud computing, like deals with RightNow, Taleo, and Eloqua. The annual run-rate of their cloud business is already over $1 billion, larger than Workday (WDAY) and SAP (SAP) combined. New customers include British Telecom (BT), BMC Software (BMC), Siemens (SI), Yahoo (YHOO), and Intuit (INTU).
BioDelivery Sciences International, Inc., a specialty pharmaceutical company, focuses on developing and commercializing products in the areas of pain management and oncology supportive care. The company uses its patented BioErodible MucoAdhesive (BEMA) and Bioral cochleate drug delivery technologies in the development of its products. The BEMA technology is a small erodible polymer film for application to the buccal mucosa; and the Bioral cochleate drug delivery technology encapsulates a selected drug or therapeutic in a cochleate cylinder. Its pain franchise consists of products utilizing the patented BEMA technology, including ONSOLIS, a fentanyl buccal soluble film for the management of pain in opioid tolerant adult patients with cancer; and BEMA Buprenorphine, which is in the development stage for the treatment of moderate to severe chronic pain, as well as for the treatment of opioid dependence. The company also engages in developing product candidates utilizing the B EMA technology for conditions, such as nausea/vomiting. BioDelivery Sciences International, Inc. was founded in 1997 and is headquartered in Raleigh, North Carolina.
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Friday, healthcare shares fell by 0.62 percent. Meanwhile, top losers in the sector included Akorn, Inc. (NASDAQ: AKRX), down 17 percent, and BioDelivery Sciences International, Inc. (NASDAQ: BDSI), down 14 percent.
Top 5 Logistics Stocks To Own For 2016: Urban Outfitters Inc.(URBN)
Urban Outfitters Inc. operates lifestyle specialty retail stores under the Urban Outfitters, Anthropologie, Free People, Terrain, and BHLDN brand names in the United States, Canada, and Europe. Its Urban Outfitters stores sell women?s and men?s fashion apparel, footwear, accessories, and gifts, as well as apartment wares, such as rugs, pillows, shower curtains, books, candles, and novelties to young adults aged 18 to 28; and Anthropologie stores provide women?s casual apparel and accessories, shoes, gifts, and decorative items, as well as home furnishings, including furniture, rugs, lighting, antiques, table top items, and bedding to women aged 28 to 45. The company?s Free People stores primarily offer Free People branded merchandise mix of casual women?s apparel, intimates, shoes, accessories, and gifts to young contemporary women aged 25 to 30; Terrain store provides lifestyle home and garden products, antiques, live plants, flowers, wellness products, and accessori es, as well as landscape and design service solutions; and BHLDN store offers a range of weeding collections consisting of wedding gowns, bridesmaid frocks, party dresses, assorted jewelry, headpieces, footwear, lingerie, and decorations. As of January 31, 2012, it operated 197 Urban Outfitters stores, 168 Anthropologie stores, 62 Free People stores, 1 Terrain garden center, and 1 BHLDN store. The company also operates a wholesale business under the Free People brand name that distributes apparel to other retailers and department stores in the United States. In addition, it markets its brands directly to consumers through its e-commerce Websites, including urbanoutfitters.com, anthropologie.com, freepeople.com, urbanoutfitters.co.uk, urbanoutfitters.de, urbanoutfitters.fr, anthropologie.eu, shopterrain.com, and bhldn.com, as well as through its Urban Outfitters, Anthropologie, and Free People catalogs. The company was founded in 1970 and is based in Philadelphia, Pennsylvani a.< /p> Advisors’ Opinion:
- [By Ben Levisohn]
UBS analyst Michael Binetti and team warn investors not to get too excited about Urban Outfitters’ (URBN) same-store-sales surprise:
Reuters
1Q SSS Trending +LSDbut Noisy; Raising Our 1Q SSS Estimate Slightly: We’re raising our 1Q SSS to flat from -1% previously. In its FY16 (Jan-16 end) 10K filing on 3/31,Urban Outfitters reported its 1Q17 (Jan-17 end) SSS are trending +LSD. We believe trends are at the low end of +LSD (likely +1%)and we estimate that the Feb+Mar period gets a +1-1.5pp lift from an extra day vs LY (Unlike most other specialty retailers that report 4-5-4 week quarters,Urban Outfitters is based on a true calendar monthso Leap Yr is incremental). On our math,Urban Outfitters’ underlying trend is likely close to flat in Feb+Mar. April should be a lower volume month in the qtr, but visibility into April trends for the industry is low. An Easter shift into March (vs Easter in April last year) is a headwind to Apriland April weather could be unfavorable YOY (based on comments from our 3/29 weather expert conference call).That said, based on our conversation with the comp any we believe that compares should ease in the back half of April, which could offset other headwinds.
- [By Ben Levisohn]
Urban Outfitters (URBN) has tumbled 8.7% to $25.50 after reporting in an SEC filing that its same-store sales are dropping faster than Street expectations.
- [By Dan Moskowitz]
Urban Outfitters (NASDAQ: URBN ) is another similar player. However, it targets a wider array of consumers through its various brand stores, including Urban Outfitters (18-28 demographic), Free People (25-30), and Anthropologie (28-45). Like Express, Urban Outfitters is slowly expanding its store base. Also like Express, Urban Outfitters saw an impressive earnings improvement in the second quarter. In this case, EPS increased 21% to $0.51 thanks to optimized inventory and lower merchandise markdowns.
Top 5 Logistics Stocks To Own For 2016: MetLife, Inc.(MET)
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MetLife, Inc. provides life insurance, annuities, employee benefits, and asset management products in the United States, Japan, Latin America, Asia, Europe, and the Middle East. It operates in six segments: Retail; Group, Voluntary & Worksite Benefits; Corporate Benefit Funding; Latin America; Asia; and Europe, the Middle East and Africa. The company provides variable, universal, term, and whole life products; individual disability income products; personal lines property and casualty insurance, including private passenger automobile, homeowners, and personal excess liability insurance; and variable and fixed annuities for asset accumulation and distribution needs, as well as mutual funds and other securities products. It also offers group insurance products, such as variable, universal, and term life products; dental, group short- and long-term disability, and accidental death and dismemberment coverages; and voluntary and wo rksite products consisting of personal lines property and casualty insurance, as well as LTC, prepaid legal plans, and critical illness products. In addition, the company provides annuity and investment products comprising guaranteed interest products and other stable value products, income annuities, and separate account contracts for the investment management of defined benefit and defined contribution plan assets; and structured settlements and products to fund postretirement benefits and company-, bank- or trust-owned life insurance, as well as health insurance, group medical, credit insurance, endowment, retirement, and savings products. It serves individuals and corporations, as well as other institutions and their employees. The company sells its products through sales forces, third-party organizations, independent agents, and property and casualty specialists, as well as through career agency, bancassurance, direct marketing, brokerage, and e-commerce channels. MetLi fe, Inc. was founded in 1863 and is based in New York, New Y! ork.
Advisors’ Opinion:
- [By Matthew Smith]
Although we were not surprised by the move yesterday we did not take an overly aggressive stance in positioning the portfolio to benefit from the Fed not tapering. We were long, but we did not initiate any trades solely for the purpose to benefit from the announcement. We are more interested in the long-term wealth building of portfolios right now and as such believe that readers should look to our recent winners that had pullbacks yesterday as buying opportunities. Specifically, we like Ameritrade (AMTD), Charles Schwab (SCHW) and MetLife (MET) which all saw pullbacks ranging from 2.5% to a bit over 5.5% in yesterday’s session. We highlighted the discount brokers as a sector to watch right before the latest takeoff and our belief is that although rates remain unchanged the brokerage business will continue to perform strongly. The next big move up will be as rates rise, but even if one has to wait for this move it will be well worth it for one’s portfolio.
- [By Leslie Scism]
Last month, MetLife Inc.(MET) was the toast of the town with its bold plan to divest a big chunk of its U.S. life-insurance operations, a shareholder-friendly move driven forboth strategic and regulatory reasons.