Barron's Summary 4-12-2008
4460 views
Rate Now: 1 2 3 4

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

Date updated:04-19-2008

Summary of the bullish and bearish positions mentioned in the April 12th, 2008 Barron's.

symbol name last price % change open
  • +
  • GE
    Gen Electric Co
  • $15.83
  • +0.32%
  • $15.94

If GE can meet its reduced profit guidance for '08 and stay on track in '09, its shares could rebound to 40, for a total return of almost 30%.

People owning GE also tend to own: AIGAXPDELLIBMINTCMSFTAAPL

TheStreet.com Rating: C What is this?

  • +
  • AMAT
    Applied Materials
  • $13.25
  • +1.92%
  • $13.30

Rather than betting on Applied Materials' untested solar-panel business, investors should await evidence that those panels can perform like First Solar's.

People owning AMAT also tend to own: AMTAMXBIDUFMCNKRYRACKSTP

TheStreet.com Rating: C What is this?

  • +
  • VLO
    Valero Energy Cp
  • $17.45
  • +0.98%
  • $17.36

Summer driving season is fast approaching, and with it a snapback in demand. Says Deutsche Bank's Sankey: "They only need to make $1.50 in Q2 and $1.50 in Q3 to get to $5 a share." Then the stock trades at 10 times recession earnings. And that's a risk-reward ratio that could appeal to even the most cautious investor.

People owning VLO also tend to own: APAAPCBHICHKCOPCVXDVN

TheStreet.com Rating: D+ What is this?

  • +
  • SON
    Sonoco Products
  • $28.04
  • 0.00%
  • $N/A

Sonoco (SON) is a century-old, $3 billion market-value company that has managed to extract good returns from wrappers and tubes. They make containers for Oreos, Febreeze and countless industrial products. Almost 40% of revenue is from abroad. The stock trades at 12-times projected 2008 earnings. Management is focused on cash-flow metrics and sensible acquisitions. The dividend yield is 3.5%. The stock was punished hard beginning last summer from its highs in the mid-40s, as profit guidance was cut, and is now near 29. As the guidance cuts showed, this is not a business immune to cyclical headwinds. But for the stock to work, it merely has to be less cyclical than the market now fears.

People owning SON also tend to own: BMDCCJDVNGGBLIFCTSBA

TheStreet.com Rating: B- What is this?

  • +
  • SPR
    Spirit Aerosystem
  • $18.25
  • 0.00%
  • $N/A

At 25, Spirit trades at less than 11 times 2008 earnings, compared with 13.2 times for Boeing and 14.7 times for the aerospace and defense group. That already-depressed price renders further disappointment far less likely. How many air travel-related businesses can you say that of these days?

People owning SPR also tend to own: AAPLAGNALTASCABACOFCSCO

TheStreet.com Rating: C What is this?

  • +
  • LULU
    Lululemon Athleti
  • $27.66
  • 0.00%
  • $N/A

But Lululemon shares (ticker: LULU) face some worries, not least that much of the company's growth appears to come from the Canadian dollar's strength -- perhaps transient -- against the greenback; a company filing last week said currency gains of $17.6 million accounted for 14% of its revenue gain last year, equivalent to about 35% of its operating profit. The faltering U.S. retail environment can't be good news for sellers of high-priced yoga gear. And last year, the New York Times tested a shirt from Lululemon's VitaSea line, supposedly made from seaweed to release minerals and vitamins into the skin. The test found no significant difference in mineral levels between VitaSea and a (presumably cheaper) cotton T-shirt, and "no evidence of seaweed." Lululemon founder and head designer Chip Wilson conceded to the Times he couldn't dispute the findings. Lululemon insists that earnings are driven by sales gains to a "growing community" of health-conscious Americans unfazed by a slowing economy, and that retailing's woes are helping the company find better locations. As for VitaSea, Lululemon says it stands behind the labeling of all its products. But it's hardly comforting that CEO Robert Meers plans to retire in June, to be replaced by Christine Day, a Starbucks alumna who joined management only in January. In February, the chief operating officer resigned. And management last week disclosed its intention to register the sale after July 26 of up to 21 million shares held by insiders. There are now 75 million shares outstanding.

People owning LULU also tend to own: BHPCATCTVDELLGOOGTEXTPX

TheStreet.com Rating: D- What is this?

Portfolio not tracked!

Comments not available

ADD YOUR COMMENTS:

Squeezing the Shorts: Large-Cap ...

By Jonas Elmerraji Posted on Nov. 11, 2009 Recently we put our short-squeeze focus on smaller stocks; this week we’re going large-cap. With higher trading volumes, mo...

11.11.09 | 15:19 PM
Dividend Stocks for the Week

By Jonas Elmerraji Posted on Nov. 10, 2009 After six straight days of gains, the markets are taking a breather today, which gives us the chance to focus our attention b...

11.10.09 | 15:04 PM
This Week's 'Barron's' Roundup

By Roberto Pedone Posted on Nov. 9, 2009 Financial-Services Bull: Barron’s talks with Anton Schutz, portfolio manager at the Burnham Financial Industries Fund (BURFX)...

11.09.09 | 11:01 AM
Rocket Stocks for the Week

By Jonas Elmerraji Posted on Nov. 9, 2009 Last week brought investors a welcome return to gains as the S&P 500 pushed up 3.2% over the course of the last five trading d...

11.09.09 | 08:04 AM
more articles
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
Nymph's Trading Daily Trading Diary
04.13.09 | 01:10 AM From author Trading Nymph
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
more forums
today 's lists
Rising on Unusual Volume

Here are some stocks that moved up on unusual volume on Nov. 2, 2009. more

TheStreet.com TV Videos

These are some of the stocks mentioned on TheStreet.com TV on Sept. 2. 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. 2, 2009. more