There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful, or just down right comical.
1. Lawrence McDonald
Lawrence McDonald (@Convertbond) of LGM Group tweeted about the recent market run up. He noted how this market has been on a historical run, one not seen since 1952.
2013 Interesting Year Market has now gone 144 days without a four-day losing streak, longest such run since 1952 via Schaeffers
— Lawrence McDonald (@Convertbond) July 29, 2013
2. Keith McCullough
Keith McCullough (@KeithMcCullough), CEO of Hedgeye Risk Management, tweeted an interesting quote from Thomas Paine this morning. Although the quote was a sarcastic pun about the market’s focus on Greece, it is interesting nonetheless.
“An island cannot rule a continent.” -Thomas Paine
— Keith McCullough (@KeithMcCullough) July 29, 2013
Top Cheap Companies To Buy Right Now: Merck & Company Inc.(MRK)
Merck & Co., Inc. provides various health solutions through its prescription medicines, vaccines, biologic therapies, animal health, and consumer care products. The company?s Pharmaceutical segment provides human health pharmaceutical products, such as therapeutic and preventive agents for the treatment of human disorders in the areas of bone, respiratory, immunology, dermatology, cardiovascular, diabetes and obesity, infectious diseases, neurosciences and ophthalmology, oncology, vaccines, and women’s health and endocrine. This segment also offers human health vaccines, such as preventive pediatric, adolescent, and adult vaccines. Its Animal Health segment discovers, develops, manufactures, and markets animal health products. This segment offers antibiotics, anti-inflammatory products, vaccines, products for the treatment of fertility disorders, and parasiticides for cattle, swine, horses, poultry, dogs, cats, salmons, and fish. The Consumer Care segment develops, manufac tures, and markets over-the-counter, foot care, and sun care products. Its over-the-counter product line includes non-drowsy antihistamines; treatment for occasional constipation; decongestant-free cold/flu medicine for people with high blood pressure; nasal decongestant spray; and treatment for frequent heartburn. This segment?s foot care products comprise topical antifungal, and foot and sneaker odor/wetness products; and sun care products include sun care lotions, sprays and dry oils; and sunburn relief products. The company serves drug wholesalers and retailers, hospitals, government agencies, physicians, physician distributors, veterinarians, animal producers, and managed health care providers, as well as food chain and mass merchandiser outlets in the United States and Canada. Merck & Co., Inc. was founded in 1891 and is headquartered in Whitehouse Station, New Jersey.
- [By Todd Campbell]
That could be particularly true for these three dividend-paying health-care companies: GlaxoSmithKline (NYSE: GSK ) , Merck (NYSE: MRK ) , and Quest Diagnostics (NYSE: DGX ) . They not only pay healthy dividend yields that can blunt the pain of a sell-off, but they’re also strong performers during the coming quarter. That suggests investors may not want to sell them, and investors who have been considering them may want to step in and buy them.
- [By Ben Levisohn]
Stocks bounced back from yesterday’s losses–and it was blue chips like International Business Machines (IBM), Johnson & Jonson (JNJ), Caterpillar (CAT), Merck (MRK) and 3M (MMM) that led the market higher.
- [By David Williamson and Michael Douglass]
These two catalysts have caused analyst price targets to jump, with Piper Jaffray coming out and raising its target on the stock to $36; shares currently sit at $28. In this segment from Friday’s Market Checkup, Motley Fool health-care analysts David Williamson and Michael Douglass discuss Endocyte’s partnership with Merck (NYSE: MRK ) on the drug, as well as just how much blockbuster potential the drug could have, and why even after a near double the stock is filled with upside.
- [By Jake L’Ecuyer]
Equities Trading UP
Endocyte (NASDAQ: ECYT) shares shot up 95.36 percent to $28.60 after Merck & Co (NYSE: MRK) and Endocyte announced the European CHMP positive opinions for VYNFINIT and the companion agents FOLCEPRI and NEOCEPRI.
Top Cheap Companies To Buy Right Now: Partner Communications Company Ltd.(PTNR)
Partner Communications Company Ltd. provides various telecommunications services in Israel. It offers cellular telephony services on GSM/GPRS and UMTS/HSDPA networks. The company also provides basic services, including domestic mobile calls, international dialing, roaming, voice mail, short message services, intelligent network services, content based on its cellular portal, data and fax transmission, and other services. In addition, it offers Internet services provider services that provides access to the Internet, as well as home WiFi networks; value added services, such as anti-virus and anti-spam filtering; and transmission services; and Web video on demand services, music tracks, and games. Further, the company provides voice over broadband and primary rate interface fixed-line telephone services; and data capacity services. Additionally, it offers content services comprising voice mail, text, and multimedia messaging, as well as downloadable wireless data application s, including ring tones, music, games, and other informational content; and sells handsets, phones, routers, and related equipment. The company markets its products through its sales centers, business sales representatives, traditional networks of specialized dealers, and non-traditional networks of retail chains and stores under the Orange brand name. Partner Communications Company Ltd. was founded in 1997 and is headquartered in Rosh Ha-ayin, Israel.
- [By Roberto Pedone]
Another under-$10 wireless telecom player that’s starting to move within range of triggering a major breakout trade is Partner Communications (PTNR), a telecommunications company, provides cellular and fixed-line telecommunication services in Israel. This stock is off to a strong start in 2013, with shares up sharply by 29%.
If you take a look at the chart for Partner Communications, you’ll notice that this stock has been trending sideways for the last month, with shares moving between $7.28 on the downside and $7.96 on the upside. Shares of PTRN are bucking the overall market weakness today as the stock starts to move within range of triggering a breakout trade above the upper-end of its sideways trading chart pattern.
Market players should now look for long-biased trades in PTNR if it manages to break out above some near-term overhead resistance levels at $7.80 to $7.85 a share and then once it clears its 52-week high at $7.96 a share with high volume. Look for a sustained move or close above those levels with volume that registers near or above its three-month average volume of 107,303 shares. If that breakout triggers soon, then PTNR will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $10 to $12.20 a share.
Traders can look to buy PTNR off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $7.38 to $7.28, or below its 50-day at $6.97 a share. One can also buy PTNR off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Top Cheap Companies To Buy Right Now: Ur Energy Inc(URG)
Ur-Energy Inc., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, exploration, and development of uranium mineral properties. The company has 13 projects located in Wyoming and Nebraska, the United States; and 3 exploration projects located in the Northwest Territories and Nunavut, Canada. Its landholdings cover approximately 90,000 acres in the United States and approximately 140,000 acres in Canada. The company was founded in 2004 and is headquartered in Littleton, Colorado.
- [By Bryan Murphy]
If you listened to my bullish calls from December 27th and/or February 24th about Uranerz Energy Corp. (NYSEMKT:URZ), Uranium Resources, Inc. (NASDAQ:URRE), and Ur-Energy Inc. (NYSEMKT:URG), then congratulations – you’re now up as much as 50%, depending on when you stepped into a trade, and which stock you chose. Now get out. See, as well as URZ and URG have done and are doing (URRE not so much), it looks like the short-term rally I first spotted a little more than a couple of months ago has fully run its course, and now these names are setting up a pullback.
- [By James E. Brumley]
Well, I’ll give myself an A for effort, but a C- for timing. But, I can bump that C- up to a B+ if my intuition is right as we head into the last few days of 2013 and the first few of 2014. What I’m talking about is a bullish commentary I penned back on November 26th regarding Uranerz Energy Corp. (NYSEMKT:URZ), Uranium Resources, Inc. (NASDAQ:URRE), and Ur-Energy Inc. (NYSEMKT:URG). All three stocks were perking up, and more than that, the buzz surrounding URG, URRE, and URZ was getting louder. More often than not, when the fervor and bullish action and chatter reaches the levels they had reached a month ago, an explosion is right around the corner.
Top Cheap 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.
- [By Bob Ciura]
In the investing world, boring businesses don’t get much attention. The financial media obsesses over the next hot stock, preferring to ignore the seemingly sleepy companies that generate reliable profits year after year. Some of the high-quality companies that fly under the radar are pure industrials, such as Emerson Electric (NYSE: EMR ) , Dover (NYSE: DOV ) , and Illinois Tool Works (NYSE: ITW ) .
- [By Ben Levisohn]
That negative sentiment “flashed as a positive indicator,” Inch and Lau say, and some stocks appear to be “‘locked and loaded’ to meaningfully exceed forecast estimates.” Those include Rockwell Automation (ROK), Eaton (ETN) and Emerson Electric (EMR).
Top Cheap Companies To Buy Right Now: Global Payments Inc.(GPN)
Global Payments Inc. provides electronic transaction processing services for merchants, independent sales organizations (ISO), financial institutions, government agencies, and multi-national corporations located in the United States, Canada, Europe, and the Asia-Pacific region. It offers a comprehensive line of processing solutions for credit and debit cards; business-to-business purchasing cards; gift cards; and electronic check conversion and check guarantee, verification, and recovery, including electronic check services, as well as terminal management. The company also offers proprietary software products to establish revolving check cashing limits for the casinos? customers in the gaming industry. In addition, it sells, installs, and services automated teller machine and point of sale terminals; and provides card issuing services, including card management and card personalization. The company markets its products directly, as well as through ISOs, retail outlets, tra de associations, alliance bank relationships, and financial institutions. Global Payments Inc. has a joint venture with La Caixa Group to provide merchant acquiring services to merchants in Spain. Global Payments Inc. was founded in 2001 and is headquartered in Atlanta, Georgia.
- [By Laura Brodbeck]
Earnings Expected From: Global Payents Inc. (NYSE: GPN), Micron Technology, Inc. (NASDAQ: MU), Synnex Corporation (NYSE: SNX) Economic Releases Expected: US services PMI, Canadian imports and exports, US trade balance, eurozone services PMI, ECB interest rate decision, British services PMI
- [By Wallace Witkowski]
Shares of Global Payments Inc. (GPN) advanced 4.8% to $67.50 on moderate volume after the company raised its earnings outlook for the year to a range of $4.03 to $4.10 a share. Analysts were forecasting $4.04 a share.
- [By Laura Brodbeck]
Earnings Expected From: Uniferst (NYSE: UNF), Constellation Brands (NYSE: STZ), RPM International (NYSE: RPM), Global Payments (NYSE: GPN) Economic Releases Expected: German trade balance, German factory orders, Australian retail sales
Top Cheap Companies To Buy Right Now: Cloud Peak Energy Inc(CLD)
Cloud Peak Energy Inc., through its subsidiaries, engages in coal mining operations in the Powder River Basin of the United States. It produces sub-bituminous steam coal with low sulfur content for electric utilities and industrial customers. The company owns and operates Antelope surface coal mine located to the south of Gillette, Wyoming; the Cordero Rojo surface coal mine located to the south of Gillette, Wyoming; and the Spring Creek surface coal mine located in Montana. It also owns a 50% interest in the Decker surface coal mine located in Montana. As of December 31, 2010, it had approximately 970 million tons of proven and probable reserves. The company was founded in 1993 and is headquartered in Gillette, Wyoming.
- [By Aaron Levitt]
Simply put, the coal stocks trio of Peabody Energy (BTU), Alpha Natural Resources (ANR) and Cloud Peak Energy (CLD) could be some of the biggest bargains out all energy stocks.
- [By Reuben Brewer]
A ready supplier
Malaysia, which is a coal export powerhouse, is going to be there to help fill the void. However, Cloud Peak Energy (NYSE: CLD ) notes that Malaysian coal is at the lower end of the quality spectrum, particularly compared to its U.S. Powder River Basin coal. That’s a positive sign for Cloud Peak’s export hopes, particularly as China looks to clean up the most obvious pollution problems related to coal. Right now, Cloud Peak exports about 5% of its coal, but it plans to increase that as U.S. ports increase their capacity.
- [By Ben Levisohn]
Cloud Peak Energy (CLD) has gained 3.1% to %15.03 after it was upgraded to Buy from Hold at Stifel.
Novatris (NVS) has dropped 1.2% to $74.48 after it was downgraded to Neutral from Overweight at JP Morgan.
Top Cheap Companies To Buy Right Now: International Business Machines Corporation(IBM)
International Business Machines Corporation (IBM) provides information technology (IT) products and services worldwide. Its Global Technology Services segment provides IT infrastructure and business process services, including strategic outsourcing, process, integrated technology, and maintenance services, as well as technology-based support services. The company?s Global Business Services segment offers consulting and systems integration, and application management services. Its Software segment offers middleware and operating systems software, such as WebSphere software to integrate and manage business processes; information management software for database and enterprise content management, information integration, data warehousing, business analytics and intelligence, performance management, and predictive analytics; Tivoli software for identity management, data security, storage management, and datacenter automation; Lotus software for collaboration, messaging, and so cial networking; rational software to support software development for IT and embedded systems; business intelligence software, which provides querying and forecasting tools; SPSS predictive analytics software to predict outcomes and act on that insight; and operating systems software. Its Systems and Technology segment provides computing and storage solutions, including servers, disk and tape storage systems and software, point-of-sale retail systems, and microelectronics. The company?s Global Financing segment provides lease and loan financing to end users and internal clients; commercial financing to dealers and remarketers of IT products; and remanufacturing and remarketing services. It serves financial services, public, industrial, distribution, communications, and general business sectors. The company was formerly known as Computing-Tabulating-Recording Co. and changed its name to International Business Machines Corporation in 1924. IBM was founded in 1910 and is base d in Armonk, New York.
- [By Paul Ausick]
Again today the big market mover among the DJIA stocks was International Business Machines Corp. (NYSE: IBM) which dropped 1.39% and traded at $189.94 in a 52-week range of $172.19 to $214.89 just ahead of the closing bell. Volume was on track to be about 10% above the daily average of around 5.2 million shares traded. A fund manager at AlphaOne Capital told CNBC he is shorting IBM stock, saying “the cloud is deflationary” for the company.
- [By Jim Jubak]
This is the part of the cloud market where Google competes—and where Google cuts prices. The public cloud sector is dominated by Amazon.com (AMZN) with Microsoft (MSFT), Google, IBM (IBM), and Rackspace Hosting (RAX) competing for the Number Two slot.
- [By Annalisa Kraft-Linder]
Nati Harnik/AP Warren Buffett, chairman of the board of Berkshire Hathaway (BRK-B), is surprisingly open about his mistakes, chronicling them for all to read — and learn from — in his annual shareholder letters. The Cigar Stubs The textile mill that gave Berkshire Hathaway its name turned out to be an albatross for more than two decades as Buffett dithered over shutting it down. Located in Massachusetts, far from the new textile and cotton hubs down South, it was a money-loser from the start. He has since admitted his stubborn attachment to it probably cost Berkshire $200 billion in lost opportunity costs to invest in better companies. Back then, Buffett was more a proponent of the “cigar stub” theory of investing — buying a downtrodden company or stock and smoking out the last few puffs of profit. Another iteration of this thesis gone wrong was his purchase of Blue Chip Stamp Co. in the late ’60s. It was a lesser rival of the Sperry & Hutchinson Green Stamps Co. Both involved an early form of loyalty program in which shoppers collected stamps that could be redeemed for merchandise. “When I was told that even certain brothels and mortuaries gave stamps to their patrons, I felt I had finally found a sure thing,” Buffett said in his 2006 shareholder letter. However, Blue Chip revenues declined by more than 80 percent from 1970 to 1980 and by almost 99 percent by 1990 as credit-card loyalty programs and increasing affluence made shoppers reluctant to waste time pasting stamps in books. What Buffett learned became a new leg of his investing stool: to only buy businesses for their demonstrated profitability. The Economic Moat Buffett coined the term “economic moat” to describe the competitive and hopefully monopolistic advantages that will help a company thrive. He has long said he regrets buying Dexter Shoes in 1993, purchasing it with Berkshire Hathaway stock then worth $433 million for an estimated loss of $3.5 billion. He admits now it didn’t have t
Top Cheap Companies To Buy Right Now: Popular Inc.(BPOP)
Popular, Inc., through its subsidiaries, provides a range of retail and commercial banking products and services primarily to corporate clients, small and middle size businesses, and retail clients in Puerto Rico and Mainland United States. It offers deposit products; commercial, consumer, and mortgage loans, as well as lease finance; and finance and advisory services. The company also offers trust and asset management, brokerage and investment banking, and insurance and reinsurance services. As of December 31, 2010, it owned and occupied approximately 94 branch premises and other facilities in Puerto Rico; and 119 offices, including 20 owned and 99 leased in New York, Illinois, New Jersey, California, Florida, and Texas. Popular, Inc. was founded in 1917 and is headquartered in San Juan, Puerto Rico.
- [By Paul Ausick]
Among multinationals, Sterne Agee recommends three banks. The first is Puerto Rico’s Popular Inc. (NASDAQ: BPOP). The mid-cap bank’s stock closed at $28.21 on Friday in a 52-week range of $20.31 to $34.34. Based on Sterne Agee’s 2014 price target of $40.00, Popular has an upside potential of nearly 42% and a 2014 EPS estimate of $2.90. The investment firm’s forward multiple is just 9.6, below the Thomson Reuters consensus multiple of 10.3. Popular received TARP funds in 2009 and could repay the loan in the first quarter of next year, which will give the stock a shot in the arm as well.
- [By Jake L’Ecuyer]
Popular (NASDAQ: BPOP) shares tumbled 5.54 percent to $27.48 after Morgan Stanley downgraded the stock from Equal-weight to Underweight.
Pacific Coast Oil Trust (NYSE: ROYT) down, falling 7.13 percent to $16.70 after the company priced a public offering by Pacific Coast Energy Company LP and other selling unitholders of 13,500,000 trust units at a price of $17.10 per unit.