This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a pair of upgrades for home furnishings store Pier 1 (NYSE: PIR ) and engine technologist BorgWarner (NYSE: BWA ) . Let’s address those two real quick, before we get to the day’s really big news (about American Tower (NYSE: AMT ) ).
Pier 1 won’t sink
As housing sales boomed, Pier 1 Imports grew its sales 9%, and its earnings 14% in the most recent quarter. Arguing that Pier 1 is likely to continue growing sales in quarters to come, Argus Research announced this morning that it’s upgrading the shares to “buy” and assigning them a $27 price target. With the shares currently trading for $23 and change, that works out to about a 13% potential profit on top of Pier 1’s modest 0.8% dividend yield. An attractive proposition in an overvalued market, to be sure — but will Pier 1 really rise to $27?
Top 5 Heal Care Stocks To Watch Right Now: Atech Holdings Ltd (ATH)
ATech Holdings Limited is an Australia-based company. As of June 30, 2010, the Company was engaged in the investment of its cash reserves. The Company’s controlled entities include SEAA (151 Sturt St, South Melbourne) Pty Limited and SEAA (Boronia) Pty Limited. Advisors’ Opinion:
- [By Eric Lam]
Athabasca Oil Corp. (ATH), which is seeking a joint-venture partner for its Duvernay holdings, jumped 9.3 percent to C$7.97, the most in seven weeks.
Top 5 Heal Care Stocks To Watch Right Now: PowerShares International Dividend Achievers Portfolio (PID)
PowerShares International Dividend Achievers Portfolio (the Fund) seeks to replicate, before fees and expenses, the International Dividend Achievers Index (the Index). The Fund invests in sectors, including financials, utilities, consumer staples, commercial banks, insurance, utilities and information technology. PowerShares Capital Management LLC is the adviser of the Fund.
The Index seeks to identify an international group of American Depository Receipts that have qualified as International Dividend Achievers. The Index is designed to track the performance of dividend paying American Depository Receipts and non-United States common or ordinary stocks trading on the NYSE, NADDAQ or AMEX.
- [By Editor , DividendChannel.com]
According to the ETF Finder at ETF Channel, Enbridge stock is an underlying holding representing 1.97% of the Powershares International Dividend Achievers ETF (PID), which holds $20,709,837 worth of ENB shares.
- [By Carlton Delfeld]
Second, add to the mix, one of my long-time favorite ETFs, the PowerShares International Dividend Achievers (PID).
To get into this exclusive basket, companies have to have a record of increasing dividends for five consecutive years. The United Kingdom and Canada make up 50% of its holdings with the US at only 6%.
Top 5 Heal Care Stocks To Watch Right Now: Franklin Universal Trust (FT)
Franklin Universal Trust (the Fund) is a diversified, closed-end investment company. The Fund’s primary investment objective is to provide high current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. The Fund invests primarily in two asset classes: high-yield bonds and utility stocks.
The Fund invests in sectors, such as non-energy minerals, utilities, commercial services, communications, consumer durables, consumer non-durables, electronic technology, industrial services, process industries, technology services and transportation. The Fund may invest in the Franklin Institutional Fiduciary Trust Money Market Portfolio (the Sweep Money Fund), an open-end investment company managed by its investment manager. The Fund may invest in restricted securities. The Fund’s investment manager is Franklin Advisers Inc. Its administrative manager is Franklin Templeton Servi ces, LLC.
- [By Canadian Value]
(FT): A 500-tonne gap in China’s gold consumption data is fueling talk that the central bank took advantage of weak prices last year to bulk up its holdings of the precious metal.
- [By Canadian Value]
(FT): Russia’s central bank has warned that Russia’s consumer lending sector threatens the country’s “financial stability”, the same day that it revoked the licence of Master Bank, a midsized retail lender.
Top 5 Heal Care Stocks To Watch Right Now: FutureFuel Corp. (FF)
FutureFuel Corp., through its subsidiary, FutureFuel Chemical Company, engages in the manufacture and sale of specialty chemicals and bio-based products primarily in the United States. The company operates in two segments, Chemicals and Biofuels. The Chemicals segment provides custom chemical manufacturing services for specific customers, such as bleach activators for detergent and consumer products manufacturers; proprietary herbicide and intermediates for life sciences companies; agrochemicals; and industrial and consumer products, such as cosmetics and personal care products, ink colorants, adhesion promoters, polymer additives, polymer and specialty dyes, specialty polymers, photographic and imaging chemicals, and food additives. This segment also manufactures and sells a range of performance chemicals, including a family of polymer (nylon) modifiers and small-volume specialty chemicals for various applications; a family of acetal-based solvents, consisting of diethoxy methane, dimethoxymethane, dibutoxymethane, and glycerol formal; and phenol sulfonic acid that build on sulfonations technology. Its chemical products are used in various markets and end uses, including detergents, agrochemicals, automotive, photographic imaging, coatings, nutrition, and polymer additives. The Biofuels segment produces and sells biodiesel, as well as petrodiesel in blends with or without biodiesel. This segment also operates a granary in central Arkansas that involves in the purchase and sale of agricultural commodities, primarily soybeans, rice, and corn. This segment markets its biodiesel products by truck and rail directly to customers. FutureFuel Corp. was formerly known as Viceroy Acquisition Corporation and changed its name to FutureFuel Corp. in 2006. FutureFuel Corp. was incorporated in 2005 and is based in St. Louis, Missouri.
- [By Brian Pacampara]
What: Shares of chemical and biofuels manufacturer FutureFuel (NYSE: FF ) soared 20% on Tuesday after its quarterly results impressed Wall Street.
- [By Monica Gerson]
FutureFuel (NYSE: FF) surged 21.01% to $21.25 in the pre-market session after the company reported a rise in its fourth-quarter earnings. FutureFuel posted its quarterly profit of $0.61 per share, versus a year-ago profit of $0.15 per share.
- [By Maxx Chatsko]
3. Focus on efficiency
A combination of factors plays a role in efficiently producing biodiesel. FutureFuel (NYSE: FF ) , which owns an annual capacity of 59 million gallons to complement its niche chemical business, relies heavily on location. The company’s two biorefineries don’t have a nationwide infrastructure to aid in getting product to the market and are dependent on rail and barge access. Despite the FutureFuel’s amazing progress is improving its process — annual capacity jumped from just 35 million gallons in 2011 to 59 million gallons today — the company admits that its relatively small operations may cease to exist given changes in feedstock prices, government mandates, and tax credits.
Top 5 Heal Care Stocks To Watch Right Now: WebMD Health Corp (WBMD)
WebMD Health Corp. provides health information services to consumers, physicians and other healthcare professionals, employers, and health plans through its public and private online portals, mobile platforms, and health-focused publications in the United States. The company?s public portals enable consumers to obtain health and wellness information, including information on specific diseases or conditions; check symptoms; locate physicians; store individual healthcare information; receive periodic e-newsletters on topics of individual interest; and participate in online communities with peers and experts. Its public portals for physicians and healthcare professionals provide access to clinical reference sources; stay abreast of the latest clinical information; learn about new treatment options; earn continuing medical education credit; and communicate with peers. The company also provides mobile health information applications for use by consumers and physicians. In addit ion, WebMD Health Corp. offers e-detailing promotion and physician recruitment services, content syndication and distribution, and information services, as well as print services, including the advertisements in WebMD the Magazine, a consumer magazine distributed to physician office waiting rooms. The public portals? sponsors and advertisers include pharmaceutical, biotechnology, medical device, and consumer products companies. The company?s private portals enable employers and health plans to provide their employees and members with access to personalized health and benefit information and decision support technology that helps them to make more informed benefit, treatment, and provider decisions. Further, it offers telephonic health coaching services on a per participant basis across an employee or plan population for clients of its private portals. The company was founded in 1995 and is headquartered in New York, New York.
- [By Bryan Murphy]
Eat your heart out Foundation Medicine Inc. (NASDAQ:FMI). And WebMD Health Corp. (NASDAQ:WBMD)? Don’t even bother trying. CollabRx Inc. (NASDAQ:CLRX) has built a better mousetrap, and if yesterday’s announcement is a sign of things to come, CLRX could prove to be a very compelling investment.
- [By Bryan Murphy]
A comparison to WebMD Health Corp. (NASDAQ:WBMD) is conjured up almost immediately, but it’s not a comparison an investor or patient would want to make. WBMD is primarily aimed at individuals who don’t have a medical background, and are looking more for tips than for science. The CollabRx site is exclusively built for doctors (oncologists in particular) and diagnostic laboratories that need detailed information parsed out of a sea of data that could be overwhelming were it not curated and focused. Indeed, unlike WebMD or the kind of websites that Bridgeline Digital is going to provide for its new client, the information that’s going to be found via CollabRx may be little more than gibberish to a layperson, but it will be highly instructive to doctors and caregivers.
- [By Jake L’Ecuyer]
WebMD Health (NASDAQ: WBMD) was down, falling 3.14 percent to $41.97 after Stifel Nicolaus downgraded the stock from Buy to Hold and removed the target price of $55.
- [By Jake L’Ecuyer]
WebMD Health (NASDAQ: WBMD) was down, falling 3.65 percent to $41.75 after Stifel Nicolaus downgraded the stock from Buy to Hold and removed the target price of $55.