Archives for January 2014

January 2014 - Page 2 of 16 - Money Morning - Only the News You Can Profit From

Tech Penny Stocks: Three Small Caps About to Soar in 2014

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The trio of names on our tech penny stocks list has shown a recent price surge and volume spike on promising new business developments.

The amount of money spent in industries like tech and biotech allows some of the best penny stocks to come from these sectors.

All three listed below are involved in multi-billion dollar markets that are slated to grow in 2014: One is involved in the up-and-coming Internet of Things platform; one aims to provide an edge to companies in the ultra-competitive smartphone market; one has a prominent presence in the niche grid market for utilities.

Pandora Media (NYSE: P) Stock Up 15%, Can It Keep Climbing?

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Pandora Media (NYSE: P) stock climbed as much as 15% today to a high of $37.95, after analysts at Goldman Sachs Group Inc. (NYSE: GS) estimated that the stock could nearly double in the next year.

Goldman Sachs analyst Heath Terry told investors that "if Pandora doubles advertising, increases its mix of local commercials to half of all ads and leverages fixed-content costs," the stock could go as high as $60.

Find out if NYSE: P could turn out to be one of the best investments this year...

Bitcoin News Like This Gives Public the Wrong Idea

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It was yet another piece of bad Bitcoin news: BitInstant Chief Executive Officer Charlie Shrem was arrested by federal agents Sunday and charged with using Bitcoin in a money-laundering scheme connected to the now-defunct Silk Road illegal drug website.

Ever since it started to get attention from mainstream media, Bitcoin has been unfairly saddled with a reputation for being nothing more than a high-tech tool for illegal activities.

Most Bitcoin news stories written over the past couple of years have prominently mentioned the use of the digital currency on Silk Road to buy and sell illegal drugs. Federal agents shut down that website in October.

Making matters worse (and more than slightly ironic) is that the 24-year-old Shrem is vice-chairman of the Bitcoin Foundation, a trade group dedicated to promoting the legitimacy of Bitcoin.

The arrest of Shrem has put those negative associations with Bitcoin back in the spotlight. But Bitcoin news like this is just a distraction from the digital currency's real potential to disrupt and improve electronic payment systems.

why Bitcoin is going to be such a huge deal...

Amazon.com (Nasdaq: AMZN): The Best Stock to Miss Earnings

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When Amazon.com (Nasdaq: AMZN) Q4 earnings come out after the bell today (Thursday), reported earnings growth for Q4 could be a staggering 238% increase from a year prior.

The consensus estimate is that AMZN quarterly earnings will increase from $0.21 per share this time a year ago to $0.71 per share. Revenue is predicted to shoot up 23% compared to a year before, going from $21.27 billion to $26.06 billion. Revenue for 2013 is projected to hit $73.7 billion.

Here's why this pullback is actually a buying opportunity...

Google (Nasdaq: GOOG) Earnings Miss: Why Shareholders Shouldn't Fret

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Google Inc. (Nasdaq: GOOG) stock jumped nearly 4% early Thursday morning ahead of its Q4 earnings report on news that it is selling Motorola Mobility.

The Motorola Mobility division had continued to lose money for Google, most recently an operating loss of $248 million last quarter. GOOG purchased the division for $12.5 billion in May 2012 and will sell it to Lenovo for $2.9 billion.

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These "Triple Threat" Firms Will Deliver Your Best Returns in 2014

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As readers of my Permanent Wealth Investor know, alternative money management firms are some of my favorite securities for investors to own.

After a great run in 2013, those firms will have a hard act to follow in 2014.

But, here's the thing: the same sources that drove income last year for these companies are firmly in place. And will be throughout 2014.

So, what's so great about alternative money management firms?

They're great for both growth and income-oriented investors because their revenue comes from a "triple threat" of catalysts that can drive your best returns in 2014...

FOMC Meeting Today: How the Taper Is Affecting Markets

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As many predicted, the Federal Open Market Committee (FOMC) meeting today ended with the announcement of more taper – cutting monthly bond purchases by $10 billion a month to $65 billion.

The U.S. Federal Reserve will reduce its purchases of long-term Treasury bonds from $40 billion a month to $35 billion, and mortgage-backed securities from $35 billion a month to $30 billion. The decision to continue the taper was unanimous among the FOMC’s 10 voting members.

we could be in for some surprises this year...