Stocks to watch (6-23-09)

Oracle (ORCL  19.98, +0.01, +0.05%)  is expected to report fiscal fourth-quarter earnings of 44 cents a share, according to analysts surveyed by Thomson Reuters.

Kroger (KR 21.86, +0.08, +0.37%) is forecast to post earnings of 62 cents a share in the first quarter, according to analysts surveyed by FactSet Research.

Jabil Circuit (JBL 6.61, -0.24, -3.50%) is estimated to report a profit of 2 cents a share in the fiscal third quarter, according to analysts surveyed by Thomson Reuters.

H.B. Fuller Co. (FUL 16.76, -1.21, -6.73%) is expected to report earnings of 28 cents a share in the fiscal second quarter, according to analysts surveyed by FactSet Research

Should I invest in energy stocks?

New Jersey Resources(NJR) is an energy-services company that provides retail and wholesale energy services to customers in New Jersey and other states from the Gulf Coast to New England and Canada.

The numbers: Fiscal second-quarter revenue declined 20% to $938 million as net income and earnings per share surged 183% to $36 million and 83 cents, respectively. The debt-to-equity ratio remained low at 0.63, but a quick ratio of 0.43 indicates a weak cash position. Margins improved significantly, with the operating margin climbing 443 basis points to 6.2% and the net margin jumping 272 basis points to 3.8%.

The stock: New Jersey Resources has fallen 6% in 2009, in line with the performance of the Dow Jones Industrial Average. The stock trades at a price-to-earnings ratio of 13 and offers an attractive 3.4% dividend yield.

Performing Stocks 6-26-09

KB Home (KBH 14.77, +1.13, +8.28%) is expected to report a second-quarter loss of 64 cents a share, according to analysts surveyed by Thomson Reuters.

Shaw Communications (SJR 16.97, +0.31, +1.86%) is forecast to post earnings of 26 cents a share in the fiscal third quarter, according to analysts surveyed by FactSet Research.

Real Estate funds on the up

The best-performing real estate fund this week is the LMP Real Estate Income Fund building an 18% return. Top holdings saw gains of 33% in Glimcher Realty Trust, 26% in Macerich and 22% in Extra Space Storage.

Stocks to watch 06-04-09

  • Edenor: shares rising by more than 50% over the past three months. Investors can follow stocks with the Argentina and Electric Utilities tags over in CAPS, where Edenor, though down by nearly 70% over the past year, is one of the top-rated stocks in both categories.
  • Valmont Industries: Water, water everywhere — but we need some way to make the most of it. Step into Valmont Industries, which along with competitor Lindsay (NYSE: LNN) controls more than two-thirds of the market for efficient irrigation equipment, according to BusinessWeek.

GM stock price update

Previous Close 0.61 Bid NA
Open 0.61 Bid Size NA
Day’s High 0.70 Ask NA
Day’s Low 0.53 Ask Size NA
Volume 65.82 Mil 52 Week High 18.18
Avg. Daily Vol. (13 wk.) 62.66 Mil 52 Week Low 1.00

Low-Quality stocks with high gains

For the past three months, small stocks were the big story. Small-cap funds gained 21.5% on average in the quarter, led by small value’s 22.2% rise. Standouts included Aegis Value Fund /quotes/comstock/10r!avalx (AVALX 6.82, -0.23, -3.26%) , up 48.5%, and Wasatch Micro Cap Value Fund /quotes/comstock/10r!wamvx (WAMVX 1.72, -0.05, -2.82%) , up 40%.

Large- and midcap offerings followed with their own strong showings.

Large-cap funds collectively added 16.2%, with large-blend and large-value each up 16.4% and large-growth up 15.6%. Among the top performers were the hardest-hit funds of 2008, such as Vanguard Capital Value Fund /quotes/comstock/10r!vcvlx (VCVLX 6.62, -0.18, -2.65%) , up 39.1%, Yacktman Focused Fund /quotes/comstock/10r!yaffx (YAFFX 12.59, -0.36, -2.78%) , up 36.9%, Legg Mason Value Trust /quotes/comstock/10r!lmvtx (LMVTX 28.64, -1.05, -3.54%) , gaining 29.4%, and Longleaf Partners Fund /quotes/comstock/10r!llpfx (LLPFX 18.90, -0.52, -2.68%) , rising 26.6%.
Continue reading “Low-Quality stocks with high gains”