Immunomedics, Inc. (NASDAQ:IMMU) opened at $3.58 and with a gain of 2.23% closed at $3.66. Company�s fifty days average price is $3.44 whereas it has a market capitalization $275.78 million.
The total of 1.21 million shares was transacted over last trading day.
Geron Corporation (NASDAQ:GERN) opened at $4.92 and with a gain of 1.85% closed at $4.95. Company�s fifty days average price is $5.06 whereas it has a market capitalization $593.91 million.
The total of 1.90 million shares was transacted over last trading day.
Melco Crown Entertainment Ltd (NASDAQ:MPEL) opened at $6.95 and with a gain of 1.76% closed at $6.95. Company�s fifty days average price is $6.95 whereas it has a market capitalization $3.70 million.
The total of 5.14 million shares was transacted over last trading day.
Abraxas Petroleum Corp. (NASDAQ:AXAS) opened at $6.01 and with a gain of 1.70% closed at $5.97. Company�s fifty days average price is $4.49 whereas it has a market capitalization $456.07 million.
The total of 3.99 million shares was transacted over last trading day.
Showing posts with label Good Stocks To Invest In. Show all posts
Showing posts with label Good Stocks To Invest In. Show all posts
Sunday, April 15, 2012
Sunday, March 18, 2012
Good Industrials Stocks - Broker-Dealer Pacific West to Close Its Doors
In a further sign of economic and legal trouble for the independent broker-dealer space, Pacific West Financial Group, based in Renton, Wash., announced it was discontinuing operations.
The firm also said it has entered into an agreement with Denver-based Multi-Financial Securities Corp., to “bring over select advisors from Pacific West and facilitate a seamless transition experience for the advisors and their clients.” The agreement is subject to FINRA approval.
“We have been evaluating for some time, from an ownership perspective, how much sense it makes to continue,” said Tony Pizelo, Pacific West’s CEO, in an interview. “The business is calling for independent firms to take on greater and greater risk, but the reward is not in line with those risks, especially for a firm of our size.”
"The primary reason Pacific West had a tough go of it Jon Henschen of Henschen & Associates. "You have to be lean with up to date operational technology otherwise your overhead will eat up your profits. Exposure to off-the-beaten-trail tenants in common products would be the second reason, with further profit erosion as a result. Operating a broker-dealer out of Renton, Wash. would be the third factor with leasing and labor being high in that part of the county compared to say a midwestern or southern firm."
The tenants in common assertion is something Pizelo strongly denied. “It definitely did not contribute to the announcement,” he said. “Yes, we have tenants in common investments, but we are well-capitalized, and our reserve requirements were such that we were in no way forced to make this decision.”
Pacific West, established in 1972, has 320 reps and clears through Pershing, National Financial and TD Ameritrade.
Multi-Financial Securities Corporation, headquartered in Denver, was founded in 1981 and has 1,000 reps.
“We’ve been talking with Pacific West for about 12 months,” said Brett Harrison (left), president and chief executive officer of Multi-Financial Securities Corporation, when asked about the genesis of the deal in an interview. "We signed the current agreement on Nov. 8, but it isn’t to acquire Pacific West outright. Rather, we will talk to each one of their reps individually to make sure they are comfortable with coming on board and we are comfortable with having them come on board.”
When asked about specific retention targets, Harrison said, “Anytime you engage in something like this, you hope the retention is high,” adding that he is confident in the process the firm has laid out.
Pizelo said the conversion of reps is set to take place in early March. Erinn Ford, the firm’s chief marketing officer and daughter of Pacific West’s founder, will join Multi-Financial in a key role and also parent company Cetera Financial Group’s leadership team. Certain Pacific West employees will remain in place for several weeks or months after the conversion to address any outstanding issues.
The firm also said it has entered into an agreement with Denver-based Multi-Financial Securities Corp., to “bring over select advisors from Pacific West and facilitate a seamless transition experience for the advisors and their clients.” The agreement is subject to FINRA approval.
“We have been evaluating for some time, from an ownership perspective, how much sense it makes to continue,” said Tony Pizelo, Pacific West’s CEO, in an interview. “The business is calling for independent firms to take on greater and greater risk, but the reward is not in line with those risks, especially for a firm of our size.”
"The primary reason Pacific West had a tough go of it Jon Henschen of Henschen & Associates. "You have to be lean with up to date operational technology otherwise your overhead will eat up your profits. Exposure to off-the-beaten-trail tenants in common products would be the second reason, with further profit erosion as a result. Operating a broker-dealer out of Renton, Wash. would be the third factor with leasing and labor being high in that part of the county compared to say a midwestern or southern firm."
The tenants in common assertion is something Pizelo strongly denied. “It definitely did not contribute to the announcement,” he said. “Yes, we have tenants in common investments, but we are well-capitalized, and our reserve requirements were such that we were in no way forced to make this decision.”
Pacific West, established in 1972, has 320 reps and clears through Pershing, National Financial and TD Ameritrade.
Multi-Financial Securities Corporation, headquartered in Denver, was founded in 1981 and has 1,000 reps.
“We’ve been talking with Pacific West for about 12 months,” said Brett Harrison (left), president and chief executive officer of Multi-Financial Securities Corporation, when asked about the genesis of the deal in an interview. "We signed the current agreement on Nov. 8, but it isn’t to acquire Pacific West outright. Rather, we will talk to each one of their reps individually to make sure they are comfortable with coming on board and we are comfortable with having them come on board.”
When asked about specific retention targets, Harrison said, “Anytime you engage in something like this, you hope the retention is high,” adding that he is confident in the process the firm has laid out.
Pizelo said the conversion of reps is set to take place in early March. Erinn Ford, the firm’s chief marketing officer and daughter of Pacific West’s founder, will join Multi-Financial in a key role and also parent company Cetera Financial Group’s leadership team. Certain Pacific West employees will remain in place for several weeks or months after the conversion to address any outstanding issues.
Thursday, March 8, 2012
2013 Good Stocks - Has American Capital Agency Become the Perfect Stock?
Every investor would love to stumble upon the perfect stock. But will you ever really find a stock that provides everything you could possibly want?
One thing's for sure: You'll never discover truly great investments unless you actively look for them. Let's discuss the ideal qualities of a perfect stock, then decide if 2013 Good Stocks - American Capital Agency (Nasdaq: AGNC ) fits the bill.
The quest for perfection
Stocks that look great based on one factor may prove horrible elsewhere, making due diligence a crucial part of your investing research. The best stocks excel in many different areas, including these important factors:
Investors have gravitated to mortgage REITs for their outsized dividends. With bonds yielding next to nothing, the double-dig! it yield s that American Capital Agency and its peers offer look exceptionally attractive.
But recently, changing trends are threatening those dividends. In its most recent quarter, American Capital Agency reported lower earnings per share due to a big jump in outstanding shares, and more importantly cut its dividend from $1.40 per share to $1.25 for the first quarter of 2012. The company's interest rate spread fell below 2%, prompting further concerns.
The challenges aren't unique to American Capital Agency. Annaly Capital (NYSE: NLY ) saw similar drops in interest rate spreads, prompting its own dividend cut. Moreover, Annaly and 2013 Good Stocks - Chimera Investment (NYSE: CIM ) have started to clamp down on their leverage ratios, which helps make them less sensitive to adverse conditions going forward (but comes at the expense of some profits). Additionally, with new initiatives to help underwater homeowners refinance, prepayment rates could also hurt.
Given its leverage, American Capital Agency is as close to perfection as it's likely going to get. If conditions continue to worsen, though, the company could deteriorate further in the years ahead.
Keep searching
No stock is a sure thing, but some stocks are a lot closer to perfect than others. By looking for the perfect stock, you'll go a long way toward improving your investing prowess and learning how to separate out the best investments from the rest.
American Capital Agency has plenty of promise, but we've got some ideas you may like even better. Let me invite you to learn about three smart long-term stock plays in the Fool's latest special report. It's yours for the taking and is absolutely free, but don't miss out -- click here and read it today.
Click here to add American Capital Agency to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.
One thing's for sure: You'll never discover truly great investments unless you actively look for them. Let's discuss the ideal qualities of a perfect stock, then decide if 2013 Good Stocks - American Capital Agency (Nasdaq: AGNC ) fits the bill.
The quest for perfection
Stocks that look great based on one factor may prove horrible elsewhere, making due diligence a crucial part of your investing research. The best stocks excel in many different areas, including these important factors:
- Growth. Expanding businesses show healthy revenue growth. While past growth is no guarantee that revenue will keep rising, it's certainly a better sign than a stagnant top line.
- Margins. Higher sales mean nothing if a company can't produce profits from them. Strong margins ensure that company can turn revenue into profit.
- Balance sheet. At debt-laden companies, banks and bondholders compete with shareholders for management's attention. Companies with strong balance sheets don't have to worry about the distraction of debt.
- Money-making opportunities. Return on equity helps measure how well a company is finding opportunities to turn its resources into profitable business endeavors.
- Valuation. You can't afford to pay too much for even the best companies. By using normalized figures, you can see how a stock's simple earnings multiple fits into a longer-term context.
- Dividends. For tangible proof of profits, a check to shareholders every three months can't be beat. Companies with solid dividends and strong commitments to increasing payouts treat shareholders well.
Factor | What We Want to See | Actual | Pass or Fail? |
|---|---|---|---|
| 2013 Good Stocks - Growth | 5-Year Annual Revenue Growth > 15% | 129.4%* | Pass |
| � | 1-Year Revenue Growth > 12% | 176.7% | Pass |
| Margins | Gross Margin > 35% | 100% | Pass |
| � | Net Margin > 15% | 90.6% | Pass |
| Balance Sheet | Debt to Equity < 50% | 796.7% | Fail |
| � | Current Ratio > 1.3 | 0.06 | Fail |
| Opportunities | Return on Equity > 15% | 19.8% | Pass |
| Valuation | Normalized P/E < 20 | 9.66 | Pass |
| Dividends | Current Yield > 2% | 16.4% | Pass |
| � | 5-Year Dividend Growth > 10% | 9.2%* | Fail |
| � | � | � | � |
| � | Total Score | � | 7 out of 10 |
Source: S&P Capital IQ. Total score = number of passes. *Three-year growth rates.
Since we looked at American Capital Agency last year, the mortgage REIT has dropped a point. Dividend growth has slowed and recently even reversed course, which could be a sign of things to come for the company.Investors have gravitated to mortgage REITs for their outsized dividends. With bonds yielding next to nothing, the double-dig! it yield s that American Capital Agency and its peers offer look exceptionally attractive.
But recently, changing trends are threatening those dividends. In its most recent quarter, American Capital Agency reported lower earnings per share due to a big jump in outstanding shares, and more importantly cut its dividend from $1.40 per share to $1.25 for the first quarter of 2012. The company's interest rate spread fell below 2%, prompting further concerns.
The challenges aren't unique to American Capital Agency. Annaly Capital (NYSE: NLY ) saw similar drops in interest rate spreads, prompting its own dividend cut. Moreover, Annaly and 2013 Good Stocks - Chimera Investment (NYSE: CIM ) have started to clamp down on their leverage ratios, which helps make them less sensitive to adverse conditions going forward (but comes at the expense of some profits). Additionally, with new initiatives to help underwater homeowners refinance, prepayment rates could also hurt.
Given its leverage, American Capital Agency is as close to perfection as it's likely going to get. If conditions continue to worsen, though, the company could deteriorate further in the years ahead.
Keep searching
No stock is a sure thing, but some stocks are a lot closer to perfect than others. By looking for the perfect stock, you'll go a long way toward improving your investing prowess and learning how to separate out the best investments from the rest.
American Capital Agency has plenty of promise, but we've got some ideas you may like even better. Let me invite you to learn about three smart long-term stock plays in the Fool's latest special report. It's yours for the taking and is absolutely free, but don't miss out -- click here and read it today.
Click here to add American Capital Agency to My Watchlist, which can find all of our Foolish analysis on it and all your other stocks.
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