Stock Picks Blogger » NYSE

AIG short squeeze in effect

admin — Sun, 30 Aug 2009 18:05:45 +0000

A recent and swift 200% move in AIG has taken the stock to over $50. Premiums in options in highly inflated, making a protective put buying strategy even more pricey, but still worth it!

This rally will most likely conclude this coming week, watch for a blow off volume as the signal, but remember, you do not want to be standing in front of any freight trains!

For further discussion on AIG visit the stock market message boards at hotstockmarket.com.

Most actively traded bank stocks

admin — Thu, 13 Mar 2008 16:46:04 +0000

The banking sector seems to be leading the market like a nose ring on a bull. The following list of the most active banking stocks should be on your watch list as an indicator for what to expect. When we see this group start trading sideways and consolidating, we will know the bottom is in place.

List of bank stocks:

C – CITIGROUP INC
WM – WASHINGTON MUTUAL INC
WFC – WELLS FARGO & CO
BAC – BANK OF AMERICA CORP
WB – Wachovia Corp
JPM – JP Morgan and Co Inc
USB – US Bancorp
NCC – NATIONAL CITY
HCBK – Hudson City Bancorp
RF – REGIONS FINANCIAL CORP
UBS – UBS AG
BK – Bank Ny Mellon
BBT – BB&T CORPORATION
HBAN – Huntington Bancshare
FMT – FREMONT GENERAL CORP
SNV – SYNOVUS FINANCIAL CORP
PBCT – People’s Bank
UCBH – UCBH Holdings, Inc.
NYB – New York Community
BBD – BANCO BRADESCO SA ADS
IBN – Icici Bank Ltd
FITB – Fifth Third Bancorp

Stocks going up – Follow the money

admin — Fri, 29 Feb 2008 17:22:30 +0000

Where is the money going these days? There are many ways to find good stocks to buy, but often, simply following the money is the easiest way.

The following stocks have made new short term highs, which is a good starting point for further research:

GPS – GAP INC
NOVL – Novell, Inc.
GLD – streetTRACKS Gold ETF
OVTI – OmniVision Technologies
AKAM – Akamai Technologies

FLI : NYSE .. when ticker symbols predict movement

admin — Fri, 22 Feb 2008 18:49:58 +0000

With the ticker of FLI, CHC Helicopter Corp is living up to its three letter ticker as the stock hit +40% on acquistion news. (FLI message board)

T – AT&T dividend yield 4.2%

admin — Thu, 21 Feb 2008 02:13:24 +0000

“Given uncertainties, our strategy is to focus on stocks with minimal downside risk,” says Harry Domash who has added AT&T (NYSE: T) to the portfolio of his Winning Investing.”Telecom giant AT&T is in a recession resistant businesses and pays a high dividend, which are the characteristics we need for this market. The stock provides and estimated dividend yield of 4.2%

“SBC Communications adopted the AT&T name when it bought long distance carrier AT&T in 2005. AT&T purchased BellSouth in 2006 and now provides landline Internet and telephone services in 22 U.S. states.

“With BellSouth, AT&T gained full control of Cingular, the largest wireless carrier in the U.S., and changed its name to AT&T Mobility. Wireless services account for most of AT&T’s growth. Last year AT&T became the exclusive service provider for Apple’s new iPhone.

“In 2006, AT&T launched a fiber-based network, called ‘U-verse,’ which offers video and higher speed
Internet services.

“AT&T reported December quarter (continuing) earnings of $0.71 per share, up 16% vs. year-ago. Thanks to its BellSouth purchase, revenues rose 91% to $30.3 billion. The stock is an addition to the ‘Masstress Stuffers’ portion of our model portfolio.”

Citigroup: “Sorry, you can’t sell right now”

admin — Mon, 18 Feb 2008 04:03:58 +0000

NEW YORK, Feb 15 (Reuters) – Citigroup Inc. (C:NYSE) has suspended investor withdrawals from a $500 million credit hedge fund to give it a chance to “stabilize,” a bank spokesman said on Friday. The London-based fund, called CSO Partners, was facing investor redemptions after a 10 percent loss in November, prompting its manager John Pickett to resign, according to Citigroup spokesman Jon Diat.

The fund was up 27 percent since inception in August 2004 to Dec. 31, 2007.

“We have temporarily suspended redemptions of all shares of CSO to stabilize the fund and allow time to address its funding needs to meet anticipated obligations,” said Diat in a statement.

It is not unusual for hedge fund managers to suspend redemptions on funds in distress. Investment documents typically give the manager the right to put up temporary “gates” barring investor exits so managers don’t have to undertake a fire sale of assets to pay exiting investors.

In addition to suspending investor exits, Citigroup told investors it put $100 million into the fund in recent weeks and is looking for other funding sources.

“If they are invested in illiquid assets, chances are they cannot get out an equivalent amount of money investors are demanding without materially damaging the portfolio,” said Ferenc Sanderson, senior hedge fund analyst for Lipper Inc., a unit of Reuters Group Plc.

Sanderson said the fact that it is happening in a fund managed by one of the world’s largest banks means that “even having a big name and a big brand doesn’t leave investors immune to potential issues when they try to redeem.”

News of the fund was reported Friday by the Wall Street Journal.

Citigroup was trading down 34 cents, or 1.3 percent, to $25.40 on the New York Stock Exchange. (Reporting by Dane Hamilton, editing by Dave Zimmerman)

Top 10 most actively traded with gains

admin — Wed, 13 Feb 2008 16:11:24 +0000

Finding strength in a shaky market requires some research, so how about looking at what the most actively traded stocks with at least four days of consecutive gains. You might recognize some of these:

INTC – Intel Corporation
TWX – AMERICA ONLINE INC
RIO – COMPANHIA VALE
HPQ – HEWLETT-PACKARD
NVDA – NVIDIA Corporation
ADBE – Adobe Systems
SMH – Semiconductor Holders
DTV – Directv
CVS – CVS Caremark Corp
TXN – TEXAS INSTRUMENTS INC

Agriculture stocks are hot

admin — Tue, 12 Feb 2008 17:16:59 +0000

So we know that anything connected to agriculture has been moving, but what about the companies that provide the much needed chemicals that every farmer needs? Here is a list of agricultural chemical stocks:

MON – Monsanto Co

DD – DUPONT
MOS – Mosaic Co
TRA – TERRA INDUSTRIES INC
AGU – AGRIUM INC
CF – CF INDUSTRIES HOLDINGS
COIN – Converted Organics Inc
SYT – Syngenta AG
SMG – Scotts Miracle Grow
TNH – TERRA NITROGEN CO L P
AVD – Amer Vanguard Cp
UAPH – UAP HOLDING CP
KMGB – KMG Chemicals, Inc.
EDEN – EDEN Bioscience Corp

Whats hot in the news today?

admin — Mon, 11 Feb 2008 16:40:51 +0000

YHOO rejecting bid from MSFT and now possibly restarting talks with Time Warner (TWX).
A potential joint venture between Motorola Inc. (MOT) and Nortel Networks Corp. (NT)
E-Trade Financial Corp (ETFC) making a move over $5 on news it is sellings assets as part of its turnaround plan.
Upbeat comments on SunPower Corporation (SPWR) as an article in Barron’s says the stock could double.
Stocks with the largest gaps between their current prices and analysts’ average price estimates include Apple Inc (AAPL), Sandisk (SNDK), Adobe Systems (ADBE)
Recession proof stocks to look at – Coinstar (CSTR) and Wal-Mart Stores (WMT).
Job cuts at Ford Motor (F)
A potential merger between Delta Air Lines Inc. (DAL) and Northwest Airlines Corp. (NWA)

Dogs of the Dow 2008

admin — Fri, 08 Feb 2008 19:26:18 +0000

The Dogs of the Dow Theory is really quite simple. The Dow Jones Industrials is a prestigious list of companies to begin with. By sorting these stocks to find the ten companies with the highest dividend yield, you are automatically choosing companies that are undervalued relative to their peers. By refreshing the list each year, you’re always picking new “dogs” – the ones that stand the greatest chance of catching up with their peers.

The Dogs of the Dow for 2008 are:

Stock Symbol	Company Name	2007 Close	Dividend Yield
C	Citigroup, Inc.	29.44	7.34%
PFE	Pfizer, Inc.	22.73	5.63%
GM	General Motors	24.89	4.02%
MO	Altria Group	75.58	3.97%
VZ	Verizon Communications, Inc.	43.69	3.94%
T	AT&T, Inc.	41.56	3.85%
DD	Du Pont De Nemours	44.09	3.72%
JPM	JPMorgan Chase & Co	43.65	3.48%
GE	General Electric	37.07	3.35%
HD	Home Depot, Inc.	26.94	3.34%

dogs of the dow