Featured StoryOne sign that the U.S. shale oil boom is still in its infancy is that major new discoveries are being made all the time. The most recent, located in Texas, is believed have three times as much recoverable oil as such well-known formations as the Bakken and Eagle Ford. The companies that got there first figure to profit the most. And we know who they are... Read more...
Stocks to Buy in 2013
The Best Stocks to Buy: A Money Morning Weekly Wrap-Up
Some investors think Wall Street chaos is a sign to bail on stocks, not to load up on the best stocks to buy when things go south...
These are the investors who left the markets last week amid the latest antics: the Goldman Sachs trading glitch; minutes from the U.S. Federal Reserve's July meeting, which sent stocks on a rollercoaster ride; and the three-hour Nasdaq shutdown.Read More...
- Best Stocks to Buy in South America Brazil's allure may have faded, but that doesn't mean South America lacks prime investing prospects. And those opportunities recently got much easier to find now that four of the most promising economies in the region have banded together to form a powerful alliance... Read more... Read More...
- Two Cheap Growth Stocks To Buy Now If you want to shell out a little bit of money for a lot of growth potential, here are two cheap stocks to buy now with very bullish outlooks. Read more... Read More...
- These are the Key Bank Stocks To Buy Ahead of Rising Rates Some of the best stocks to buy now will profit from rising rates, as the Fed eyes a QE3 end. Here are a few stocks positioned to gain from the move. Read More... Read More...
Eisman: Best Housing Stocks to Buy in 2013
In New York City last week investors from around the country gathered for the Ira Sohn Conference to pitch their lists of the best stocks to buy in 2013.
One of the more interesting presentations this year featured Steve Eisman of Emrys Partners, who gave a presentation that was very bullish on the prospects for the U.S. housing market.
While many investors have proffered opinions of the strength and validity of housing market performance, investors should pay especially close attention to Eisman when he speaks on the subject.
Eisman has shown he knows how to evaluate and profit from this market. He successfully profited from the market top in 2007.
Eisman was featured in Michael Lewis' book on subprime mortgages, "The Big Short," as one of the investors who made huge bets against the housing market at the top of the bubble and raked in billions of profits.
Now, he's picking the bottom. If he's right again, the profits could be just as large on the upside as they were during the collapse.
In his Ira Sohn presentation, Eisman pointed out that monthly payments as a percentage of income for mortgages is at an all-time low of just 14% and inventories of available homes are at a multi-year low. He thinks the growth is just beginning, and aided by very low interest rates we could see strong growth in the industry for several years.
He listed several of the best housing stocks to buy that would allow investors to profit from this continued recovery.
He favors home builders that have substantial land inventory as we go into the recovery. Those builders who have built up their land holdings over the past couple of year should amass substantial profits form reselling land purchased on the cheap.
Here are three housing stocks to buy in 2013, according to Eisman, including what he calls the "most powerful" play in the sector this year.Read More...
- Why These Are Among the Best Stocks to Buy Now 'Look, over there, an overvalued sector!' While investors fall for overpriced stocks, you can clean up on these best stocks to buy now. Read more... Read More...
Stocks to Buy: These Returns Nearly Tripled the S&P 500's
Barron's recently published its annual list of the 500 top U.S. and Canadian companies based on sales growth, cash flow, and return on investment, delivering juicy choices for investors on the hunt for stocks to buy.
Apple Inc. (Nasdaq: AAPL) took the top spot, with Wesco International (NYSE: WCC) snagging second. Western Digital Corp (Nasdaq: WDC) grabbed No. 3. and DaVita HealthCare Partners Inc. (NYSE: DVA) was No. 4. C.H. Robinson Worldwide Inc. (Nasdaq: CHRW) rounded out the top five.
Landing a spot on the coveted roster is indeed an accomplishment. But it hasn't always been a reliable judge of how a company's shares will perform in the future.
So, for the second consecutive year, Barron's teamed with financial data and software company FactSet Research Systems Inc. to find the cheapest stocks among its 500 list. FactSet used price/earnings ratios based on earnings estimates for each company's current fiscal year.
Last year's "cheap" list of 30, tracked for a year, averaged a 42% return over the period ended April 26. That's nearly triple the 15.6% gain over the same period for the Standard & Poor's 500 Index.
This year's bargains are a mixed lot. Here's a closer look at the lowest priced stocks to buy among the Barron's 500.Read More...
Don't Let Stocks Like These Tempt You
What would you think of grabbing 10% or 15% yields right now?
Now what if I said to get those yields you'd have to expose yourself to 10 times the risk of the increasingly volatile bond market?
This seemingly attractive sector is not what it appears -- quite the opposite.
Find out which oh-so-tempting stocks you need to avoid or get out of NOW... Read More...
Stock Market Today: What's Next After Dow at 15,000
After record rallies last week took benchmarks to fresh highs, the stock market today took a breather.
Just before noon, the Dow Jones Industrial Average gave back 18.70, or 0.12%, to 14,955.26. The Standard & Poor's 500 Index inched higher by 1.55, or 0.10%, at 1,615.96. The Nasdaq eked out a 0.28%, or 9 -point gain, at 3,388.14.
Stocks surged Friday after the April jobs report handily beat expectations. The Dow broke 15,000 for the first time, and the S&P surpassed and finished above 1,600. For the week, the Dow added 261 points, or 1.8%, at 14,973.96. The S&P tacked on 32 points, or 2%, at 1,614.42. Helped by tech, the Nasdaq gained 99 points, or 3%, at 3,378.63.
"I think investors got a lift in their step from Friday's jobs report," Mark Luschini, chief investment strategist for Janney Montgomery Scott told CNN Money. "[But] this week, we're absent anything newsworthy."
Indeed, the week's economic calendar is quiet, and earning season is winding down. Notable reports this week include The Walt Disney Co. (NYSE: DIS) on Tuesday; Dish Network Corp. (Nasdaq: DISH) and Groupon Inc. (Nasdaq: GRPN) on Wednesday; and Priceline.com Inc. (Nasdaq: PCLN) on Thursday.
While the number of companies that have reported this season nearly doubled from 855 in 2009 to 1,655, the percentage that have beaten estimates remains at the same 59%. Moreover, just 52% have beaten revenue estimates, compared to the average of 60% since the bull market began in 2009, data from Bespoke Investment Group reveals.
That supports the consensus view that the Fed's market-friendly stimulus measures are driving stocks.
But will the gains stick?
For just the sixth time in 30 years, markets were up in January, February, March and April, according to Schaffer Investment Research. May got off to a robust start, but a cache of analysts are warning of a looming pullback.Read More...
Stocks to Buy: Meet the New Defense Winners
One segment of the stock market that is widely ignored right now is the defense sector - but as contrarians know, that means there are hot stocks to buy now if you know where to look.
The reason defense is shunned is that future defense budgets will be cut to rein in government spending and hopefully reduce the U.S. budget deficit.
Some programs have been hit by the sequester. Other initiatives are winding down as the endless flow of dollars that has been seen since 9-11 is slowing.
The most recent budget proposals call for reducing defense spending by an additional $150 billion over the next 10 years. That's on top of the $487 billion of cuts already in place and the $41 billion spending cuts mandated by the sequester.
All of this has dampened enthusiasm for defense stocks. While some of the larger defense companies have rallied this year most of the sector has been moribund and is lagging the overall stock market. It is very difficult for analysts and investors to determine which stocks will make attractive opportunities when no one yet knows exactly how much may be cut from the overall budget.
But not all stocks will suffer.Read More...
- Buy, Sell or Hold: With 46 Million People on Food Stamps This Is The Stock To Own With over 46 million Americans on food stamps, shoppers have been flocking to the discounts stores. It’s why I like Dollar General (NYSE:DG) Read more... Read More...
- The 5 Most Shorted Stocks in the S&P 500 The list of most shorted stocks boasts some big 2013 gainers, up 130%, 43%, and 38%. Here’s why there’s huge bets these gains are toast. Read more... Read More...
This Dangerous "New" Energy Crisis is Crippling the Middle East
Don't look now, but there are some problems developing in the global energy network.
It's hardly reassuring that the epicenter of all this is the Middle East.
The primary problem is hardly new. Actually, calling it an "old" problem is more accurate because the culprit is a collapsing network of delivery and storage that has been deteriorating for decades.
Unfortunately, this is hitting areas already beset by broad, accelerating economic shortfalls the hardest. That they also happen to be areas of significant unrest hardly improves the situation.
The latest crisis is in Pakistan. Here's why the picture there is so grim...
- Stocks to Buy When South Korea Heads Higher Believe it or not, when North Korea's war talk dies down - and it will soon - South Korea will offer investors stocks to buy with huge profit potential. Read more... Read More...
- Stocks to Buy: There's a Huge Opportunity in this Metals Producer As an undervalued metals play, this producer fits our "stocks to buy" profile this week. Find out why the company is about to be a "game changer." Read more... Read More...