Barron's Summary 4-05-2008
7951 views
Rate Now: 1 2 3 4

average rating: 0.00 / 0 ratings
Created by barrons2
DESCRIPTION:

Date updated:04-05-2008

From Barron's 4-05-2008

Summary of the bullish and bearish positions mentioned in the April 5th, 2008 Barron's.

symbol name last price % change open
  • +
  • WYE
  • $0.00
  • 0.00%
  • $N/A

It's rare, indeed, even in today's stressed market, that the shares of a major drug company that's fast becoming such a formidable presence in biotech can be had for less than break-up value. A company, moreover, with a strong balance sheet, high margins and a stock that sells at only 12 times earnings. A company that has long been rumored a likely takeover target for a pharma giant like Pfizer (PFE) or Novartis (NVS). A company with a promising therapy for Alzheimer's that, essentially, you get free. And a company with a dividend yield of 2.7%, paying more than a five-year Treasury note while you await the final verdict on bapineuzumab, potentially "the biggest drug of all time."

People owning WYE also tend to own: ARXTCALPCAMH.OBFXIGSTLJTXKMP

TheStreet.com Rating: No Rating What is this?

  • +
  • CCL
    Carnival Corp
  • $32.09
  • +0.66%
  • $31.78

The stock could rebound 50%, based on the outlook for bookings and profitability. And Carnival would get a big boost from any drop in fuel costs.

People owning CCL also tend to own: GEMAVCVLXBBBYERICMDTMMM

TheStreet.com Rating: B- What is this?

  • +
  • NOBN.VX
    Nobel Biocare N
  • $29.31
  • -2.91%
  • $30.00

Nobel's shares have fallen 50% in the past year, but now look poised to rebound by as much as 505, to a split-adjusted 73.50 Swiss francs. Some big investors are buying more.

People owning NOBN.VX also tend to own: CCLDRYSFMBIMDRXMUPTEC

TheStreet.com Rating: No Rating What is this?

  • +
  • DRYS
    Dryships Inc.
  • $6.29
  • -3.68%
  • $6.22

DryShips' stock, now in the low 60s, could fetch 80 within 18 months. In short term, however, seasickness pills are a must; the voyage could be quite choppy.

People owning DRYS also tend to own: ACICBICMIFTKJECTBSIACH

TheStreet.com Rating: D+ What is this?

  • +
  • MU
    Micron Technology
  • $7.26
  • +1.97%
  • $7.05

Last week, Micron said that it had cut its cost of goods sold in the latest quarter by 15% for DRAM and 25% for NAND flash. Nice, but not enough when prices are falling even more. But in a world of flat pricing, the economics could change quickly. Demand for memory is hardly slowing; Micron's cost cuts should leave it well-positioned to capitalize when the market turns, which some think will happen in a quarter or two. Micron will never be a huge earnings story. But, at less than $7 a share, it trades at just 70% of book value and recently fell to a 14-year low. It has $2 billion in cash. The stock looks ugly, but that's when you buy it.

People owning MU also tend to own: QQQQSMHFMDMOMRHUNHACAD

TheStreet.com Rating: C- What is this?

  • +
  • PTEC
    Phoenix Technolog
  • $2.63
  • +3.14%
  • $2.61

At close to $16, Phoenix stock trades at 80 times projected earnings for the September 2009 fiscal year, and about 6 times revenues. But Schneiderman observes that none of the new initiatives are yet in the estimates. The analyst says that Phoenix aims to grow the BIOS business to $100 million by 2011, from around $70 million this year. He suggests that the segment deserves a stock-market value of about $300 million. The company's remaining market cap is around $140 million -- the option value of the other three businesses. Schneiderman's take is that if any of those new areas gain traction, the stock could be worth more, maybe a lot more. Down the road, he envisions $200 million in revenue, with a stock at five times revenue. In other words, he sees Phoenix rising from the ashes, back to a billion-dollar valuation.

People owning PTEC also tend to own: CNBCJOBMAIRMDZMFWOPWVDUK

TheStreet.com Rating: D What is this?

  • +
  • T
    At&t Inc.
  • $26.02
  • -0.34%
  • $26.10

THE TWO LARGEST U.S. PHONE COMPANIES JUST TOOK out a lease on the future, and patient investors could do the same by buying their stocks.

People owning T also tend to own: AAALLAPCBABACCCAT

TheStreet.com Rating: B- What is this?

  • +
  • VZ
    Verizon Commun
  • $30.43
  • -0.29%
  • $30.38

THE TWO LARGEST U.S. PHONE COMPANIES JUST TOOK out a lease on the future, and patient investors could do the same by buying their stocks.

People owning VZ also tend to own: AAAIGIBMINTCJNJJPMKO

TheStreet.com Rating: B- What is this?

previous next

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 20, 2009 According to Jim Cramer, options expiration is driving the current market selloff. He pointed out that the only stocks that we...

11.20.09 | 08:09 AM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 19, 2009 According to CNBC’s “Fast Money” traders, the stock market is showing no signs of stopping its current bull run. Joe Ter...

11.19.09 | 11:13 AM
Squeezing the Shorts: Earnings G...

By Jonas Elmerraji Posted on Nov. 18, 2009 There are plenty of reasons for stocks to have the attention of short-sellers. Waning financials, a deteriorating business mo...

11.18.09 | 12:36 PM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
What happened to SPRD this week?
11.21.09 | 19:28 PM From author xdhong
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
Q. If Goldman Sachs is stupid, what...
11.21.09 | 17:17 PM Asked by Clementplace

A. Here's another one:
http://seekingalpha.com/article/173986-s
hipping-three-high-risk-high-reward-opti
ons

Also, DSX, for instance moved up after
hours.

It might depend on your timeframe. The
related indexes appear to be trending
up. (this is not a recommendation).

today 's lists
Cramer's Lightning Round

These are the stocks from Jim Cramer's Nov. 1 Lightning Round. We list the stocks on which he is BULLISH and BEARISH.... more

TheStreet.com TV Videos

These are some of the stocks mentioned on TheStreet.com TV recently. Click the URL below each stock to watch the videos. more

52-Week Lows

Here is a list of some of the biggest stocks that hit 52-week lows on Nov. 20, 2009. more