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Archive for 'Trading Ideas'

Stock of the Week: Altera Corp.

Altera Corp. (ALTR) primarily makes programmable logic devices (PLD). Its customers are in the consumer, industrial, and storage sectors and its markets its products through distributors and sales personnel.
The stock recently got a nice boost after releasing strong second-quarter results. Earnings per share came in at 32 cents, 18.5% ahead of the consensus estimate. […]

Trading Earnings: Legg Mason (LM)

Legg Mason, Inc (LM) is set to report earnings before the market opens on Friday, July 25th. Legg Mason is a global asset manager with $950 billion in assets under managements and serves the institutional, mutual fund and wealth management markets.
LM is expected to earn 13 cents per share for its ist quarter. We […]

Stock of the Week: Qualcomm Inc.

Incredibly, there is a well-known technology stock that is close to a 52-week high, is enjoying rising earnings estimates, and is still generally loved by the analyst community. Can you guess which one it is? Congratulations if you said Qualcomm (QCOM).
For those that don’t know, the company is a digital wireless telecommunications firm that sells […]

Fannie and Freddie: Resist the Urge

Fannie Mae (FNM) and Freddie Mac (FRE) are getting demolished once again this morning. This is on top of monstrous losses already suffered lately. Resist the urge to bottom fish in these names as the risk is just way too high in order to capture a few percentage points on a rebound. Some sort of […]

Trading Ideas: Stock of the Week: Philip Morris International

Philip Morris International (PM) is an international tobacco maker with products sold in over 160 countries. It owns 7 of the top 15 brands in the world and has 75,000 employees. It was spun off of Altria Group on March 28, 2008.
When one thinks of “vice stocks” this is the first stock that pops into […]

Trading Ideas: A Clean Long Suggestion

UniFirst Corporation (UNF) provides uniforms and protective clothing wear to workplace employees in the United States. It also provides renting and cleaning services as well. The company has a market cap of about $915 million.
Last week, the company said that fiscal third-quarter earnings rose 24%, mostly due to strong margins in its laundry business. Earnings […]

Trading Ideas: Cool Name, Poor Stock

Quanex Building Products Corp. (NX) makes engineering materials and components for the building products markets throughout the world. Its two business segments are Engineered Building Products and Aluminum Sheet Building Products.
The weak housing market has been killing NX’s earnings and thus its stock price. Its second-quarter report was disappointing, mostly due to its spinoff costs […]

Trading Ideas: Yellow Light Flashing

It’s not a good time to be a trucker these days. All of the headwinds these companies are facing are enough to give executives recurring nightmares. Unfortunately for them, the tough times will continue for the foreseeable future. Here is a short recommendation from the group:
YRC Worldwide (YRCW) is a transportation company that moves industrial, […]

Trading Ideas: Waxing Positive

We have been downbeat and sticking to the short side for many of our recent recommendations here at The Correct Call. Today we are going to buck that trend and get positive on a high-growth stock. Sometimes you have to look at the world’s glass as being half full and today is one of those days.
Vnus […]

Trading Ideas: Derailment

FreightCar America (RAIL) makes railroad freight cars with an emphasis on cars that carry coal. It is a Chicago-based company that has manufacturing facilities in Illinois, Virginia, and Pennsylvania.
Sometimes a company faces a perfect storm and gets squeezed on all sides. This is what is happening to RAIL right now. Demand is slowing down due […]