News

Hi Friend!  This section is an area for me to post late-breaking news items, as I come across them – information I am interested in, and that I think you might like.

Of course, an important aspect to all of this is to give us an edge with our trading.

I watch CNBC and other business news channels, and read a number of papers on a daily basis, with a view to soaking up gems that are destined to put money in our pockets.  Accordingly, they will be reported in this section.

You will find the news beneath this note – In the News – with the most recent articles posted first.

If you have any ideas that you would like me to incorporate here or any special requests that are of interest to you, by all means let me know via the Contact  link on the site.  I would love to hear from you.  After all, TradingSmarts is dedicated to serving people like you.

That also goes for any questions you might have regarding a commodity, currency or stock you are contemplating trading that you would like my opinion on.  Or, it might be a situation where you had a trade go wrong, or are in the midst of a trade that you need my help with.

I am here for you.

Please feel free to contact me at any time.

To your happiness, health, prosperity and success.  Family comes first!

prbain

Peter R. Bain
 

In the News

Now that I have moved my site to a better platform, I am in a mood to change the nature of this page.  If you have any ideas or thoughts, please let me know at the contact link.  Thanks in advance.

News Today – Monday, February 13/17

OTEX – Open Text Corp. – Nasdaq

Net income, as of the most recently completed quarter, was among the strongest results reported by any company in this industry.

Based on its net profit margin, Open Text Corp is among the more effective companies in its industry at turning revenues into bottom line profit.

Eighteen analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Thursday, February 9/17

COT – COTT Corp. – NYSE

Given the company’s 11 percent free cash flow yield, and continued shift into higher margin, growth categories, Canaccord Genuity analyst Derek Dley believes the shares represent an attractive buying opportunity at current levels.

(Info via The Globe and Mail)

News Today – Wednesday, February 8/17

SYY – Sysco Corp. – NYSE

This is a blue-chip consumer name. According to Credit Suisse analyst Edward Kelly, the recent sell-off creates a good buying opportunity. He has upgraded the stock to ‘outperform’ from ‘neutral.’ He says the valuation is more appealing than it has been for some time.

(Info via The Globe and Mail)

News Today – Tuesday, February 7/17

WM – Waste Management Inc. – NYSE

Shares have outperformed the S&P 500 during the last year.

Net income results during the most recently completed quarter place this company among the strongest results reported by any company in this industry.

Based on its net profit margin, Waste Management Inc. is among the more effective companies in its industry at turning revenues into bottom line profit.

Fourteen analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Monday, February 6 /17

BK – Bank of New York Mellon Corp. – NYSE

Shares have outperformed the S&P 500 during the last year.

Based on its net income growth and net profit margin, this company qualifies as one of the strongest growth companies in its industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Twenty-one analysts who cover the company have a consensus of rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Wednesday, February 1 /17

HII – Huntington Ingalls Industries Inc. – NYSE

Most recent net income was among the strongest results reported by any company in this industry.

Net profit margin is comparable to other companies in this industry group.

Twelve analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Tuesday, January 31 /17

CVS – CVS Health Corp . – NYSE

Based on its net income growth and its net profit margin, this company is one of the strongest growth companies in its industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Twenty-seven analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Monday, January 30 /17

BECN – Beacon Roofing Supply Inc. – Nasdaq

Net income growth puts this company among the strongest growth companies in this industry.

Sixteen analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Friday, January 27 /17

DHI – D.R. Horton Inc. – NYSE

Based on its net income growth and net profit margin, the company qualifies as one of the strongest growth companies in its industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Twenty-one analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Thursday, January 26 /17

AOS – A.O. Smith Corp. – NYSE

The shares outperformed the S&P 500 index over the last 52 weeks.

Based on its net income growth and net profit margin, the company is among the strongest growth companies in its industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Thirteen analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Wednesday, January 25 /17

BBT – BB&T Corp. – NYSE

Over the last year, this stock has outperformed the S&P 500%.

Net income growth qualifies this company as one of the strongest growth companies in its industry.

BB&T Corp.’s net profit margin is comparable to other companies in this industry group.

Thirty-three analysts who cover the company have a consensus rating of buy on its stock.

(Info via The Globe and Mail)

News Today – Tuesday, January 24 /17

C – Citigroup, Inc. – NYSE

This security has outperformed the S&P 500 by 18.62% during the last year. 

Net income growth puts this company up there with the strongest growth companies in this industry.

Citigroup’s net profit margin is comparable to other companies in this industry group.

Thirty-five analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Monday, January 23 /17

MFC – Manulife Financial Corp. – TSE

This stock has outperformed the S&P TSX over the past year.

Eighteen analysts who cover the company have a consensus rating of buy on the stock.

Manulife Financial Corp.’s net profit margin is comparable to other companies in this industry group.

(Info via The Globe and Mail)

News Today – Thursday, January 19 /17

MGM – MGM Resorts International – NYSE

This security has outperformed the S&P 500 during the last year.

As of the most recently completed quarter, net income had grown.

Although MGM’s net profit margin is negative, it is above the industry average, implying that MGM Resorts International is operating more effectively than other companies in its industry

Twenty-one analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Wednesday, January 18 /17

CIVB – Civista Bancshares Inc. – Nasdaq

Shares have outperformed the S&P 500 index over the last 52 weeks.

Based on net income growth and net profit margin, Civista Bancshares Inc. is among the more effective companies in its industry at turning revenues into bottom line profit.

Four analysts who cover Civista have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Tuesday, January 17 /17

BAC – Bank of America – NYSE

This security has outperformed the S&P 500 during the last year.

The bank, like others in the U.S., is going to benefit from rising U.S. interest rates, regulatory reform and a stronger economy.

It has done remarkably well since November 9/16. It is still trading at .8X book. Canadian banks are trading at close to 2X book. Whether it be retail or investment banking, it has a great franchise. Looks like lots of room to the upside.

Buy on weakness, after MACD has neutralized back to the waterline (and possibly beyond), turned around, and punched up through its trigger line to signal a buy.

Thirty-four analysts who cover the bank have a consensus rating of buy on the stock.

(Info via The Globe and Mail and StockChase)

News Today – Monday, January 16 /17

VLO – Valero Energy Corp. – NYSE

Refining has everything to do with crack spreads and refining margins – and nothing to do with the price of oil.

Over the past three-to-four years, the RIN legislation of the Obama administration has been killing refiners, requiring them to buy Renewable Energy Identification Number credits every time they produced diesel fuel and gasoline.

The Trump regime is likely to change all that, and dramatically improve profitability.

As of the most recently completed quarter, the results were among the strongest results reported by any company in this industry.

Based on its net profit margin, Valero Energy Corp. is among the more effective companies in its industry at turning revenues into bottom line profit.

The consensus among 21 analysts who cover the company is a buy rating.

(Info via The Globe and Mail and StockChase)

News Today – Thursday, January 12 /17

CAG – ConAgra Brands, Inc. – NYSE

Based on its net income growth and net profit margin, ConAgra is among the strongest growth companies in its industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Thirteen analysts who cover this company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, January 11 /17

ENB – Enbridge Inc. – NYSE & TSE

The shares have outperformed the S&P 500 index over the last 52 weeks.

Based on its net income growth and net profit margin, Enbridge Inc. is among the strongest growth companies in its industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Eleven analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, January 10 /17

JBLU – JetBlue Airways – Nasdaq

Based on its net income growth and net profit margin, JetBlue Airways Corp is among the more effective companies in its industry at turning revenues into bottom line profit.

Fifteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, January 9 /17

SBUX – Starbucks – NYSE

Based on its net income growth, Starbucks is among the strongest growth companies in this industry.

Based on its net profit margin, it is among the more effective companies in its industry at turning revenues into bottom line profit.

Thirty-six analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, January 6 /17

MA – MasterCard Inc. – NYSE

Over the last year, this stock has performed in-line with the S&P 500.

Net income growth, as at the most recently completed quarter, was among the strongest growth seen by any company in this industry.

Based on its net profit margin, MasterCard Inc. is among the more effective companies in its industry at turning revenues into bottom line profit.

Thirty-six analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Thursday, January 5 /17

MGM – MGM Resorts International – NYSE

Over the last year, this stock has outperformed the S&P 500.

Net income grew year over year, as reported during the most recently completed quarter.

The company’s net profit margin is negative, but it is above the industry average. This implies that it is operating more effectively than other companies in the industry.

Twenty-one analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, January 4 /17

TJX – TJX Companies Inc. – NYSE

As of the most recently completed quarter, the company’s results were among the strongest reported by any company in this industry.

Based on its net profit margin, it is among the more effective companies in its industry at turning revenues into bottom line profit.

Of the 30 analysts surveyed by Reuters Estimates that cover TJX Companies Inc., the consensus rating is a buy.

(Info via The Globe and Mail)

News Today – Tuesday, January 3 /17

ROSS Stores, Inc. – ROST – Nasdaq

This security has outperformed the S&P 500 by 11.46% during the last year.

Based on its net profit margin and net income growth, this company qualifies as one of the strongest growth companies in its industry and among the more effective companies in its industry at turning revenues into bottom line profit.

Thirty-one analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, December 30/16

SLF – Sun Life – NYSE

Shares have outperformed the S&P 500 by 12.82% during the last year.

During the most recently completed quarter, net income grew by 52.09%, year over year, to (U.S.) $1.20 per share.

Sun Life Financial Inc. is among the more effective companies in its industry at turning revenues into bottom line profit – based on its net profit margin of 8.05%.

Fifteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Thursday, December 29/16

FL – Foot Locker – NYSE

This security has performed in-line with the S&P 500 during the last year.

Based on its net income growth and net profit margin, Foot Locker is considered among the strongest growth companies in this industry and among the more effective companies in its industry at turning revenues into bottom line profit.

Twenty-four analysts who cover this company have a consensus rating of buy on it.

As of this writing, FL is one of the top 10 stocks in the S&P 500, based on its fundamental attractiveness, using the strategies of Warren Buffett, Peter Lynch, Benjamin Graham, and numerous other quantitative models based on legendary investors.

(Info via The Globe and Mail)

News Today – Wednesday, December 28/16

COT – Cott Corp. – NYSE

Of the 11 analysts surveyed by Reuters Estimates that cover Cott Corp, the consensus rating is a buy.

(Info via The Globe and Mail)

News Today – Thursday, December 22/16

AOS – A. O. Smith Corp. – NYSE

This security has outperformed the S&P 500 by 14.56% during the last year.

Based on its net income growth and net profit margin, this company qualifies as one of the strongest growth companies in its industry and one of the more effective companies in this industry at turning revenues into bottom line profit.

Thirteen analysts who cover this company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, December 21/16

LMT – Lockheed Martin Corp. – NYSE

This security has outperformed the S&P 500 by 5.12% during the last year.

Based on its net income growth and net profit margin, this company qualifies as one of the strongest growth companies in this industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Twenty analysts who cover this company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, December 20/16

CIVB – Civista Bancshares Inc. – Nasdaq

Shares have outperformed the S&P 500 by 52.45% during the last year.

Net income grew year over year during the most recently completed quarter. 

Based on its net profit margin, Civista Bancshares Inc. is among the more effective companies in its industry at turning revenues into bottom line profit.

Four analysts who cover the bank have a buying rating on it.

(Info via The Globe and Mail) 

News Today – Monday, December 19/16

PBH – Premium Brands Holdings Corp. – TSE

Shares have outperformed the S&P TSX by 54.92% during the last year.

Net income growth and net profit margin qualify this company as one of the strongest growth companies in its industry and as one of the more effective companies in its industry at turning revenues into bottom line profit.

Seven analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Friday, December 16/16

DRE – Duke Realty – NYSE

This security has outperformed the S&P 500 by 15.15% during the last year.

The company’s net profit margin qualifies it as one of the more effective companies in its industry at turning revenues into bottom line profit.

Eighteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Thursday, December 15/16

BK – Bank of New York Mellon Corp. – NYSE

This security has outperformed the S&P 500 by 4.31% during the last year.

Net income growth and net profit margin qualify the bank as among the strongest growth companies in this industry as well as among the more effective companies in its industry at turning revenues into bottom line profit.

Nineteen analysts who cover the bank have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, December 14/16

TD – Toronto Dominion Bank – NYSE

Shares have outperformed the S&P 500 by 16.49% during the last year.

Net income growth and net profit margin qualify this bank as among the strongest growth seen by any company in this industry and as among the more effective companies in its industry at turning revenues into bottom line profit.

Seventeen analysts who cover the bank have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, December 13/16

WM – Waste Management – NYSE

Shares have outperformed the S&P 500 by 25.07% during the last year.

During the most recently completed quarter, results were among the strongest results reported by any company in this industry.

Waste Management Inc is among the more effective companies in its industry at turning revenues into bottom line profit.

Fourteen analysts who cover the company have a consensus rating of buy on it..

(Info via The Globe and Mail)

News Today – Monday, December 12/16

EA – Electronic Arts – Nasdaq

Shares have outperformed the S&P 500 by 7.87% during the last year.

Net income growth and net profit margin qualify this company as one of the strongest growth companies in this industry and one of the more effective companies in its industry at turning revenues into bottom line profit.

Twenty-four analysts who cover this company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, December 9/16

DHI – D.R. Horton Inc. – NYSE

Net income growth places this company among the strongest growth companies in this industry.

Based on its net profit margin, D.R. Horton Inc. is among the more effective companies in its industry at turning revenues into bottom line profit.

Twenty analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Thursday, December 8/16

ADBE – Adobe Systems Inc. – Nasdaq

Shares have outperformed the S&P 500 by 3.99% during the last year.

Net income growth and net profit margin place Adobe among the strongest growth companies in this industry and among the more effective companies in its industry at turning revenues into bottom line profit.

Twenty-seven analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, December 7/16

MA – MasterCard – NYSE

Shares have performed in-line with the S&P 500 during the last year.

Net income growth and net profit margin qualify MasterCard among the strongest growth seen by any company in this industry and among the more effective companies in its industry at turning revenues into bottom line profit.

Thirty-seven analysts who cover MasterCard have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, December 6/16

V – Visa – NYSE

Net income growth, as reported for the most recently completed quarter, was among the strongest growth seen by any company in this industry.

Based on its net profit margin, Visa Inc. is among the more effective companies in its industry at turning revenues into bottom line profit.

Thirty-seven analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, December 5/16

PKG – Packaging Corp of America – NYSE

Shares have outperformed the S&P 500 by 24.54% during the last year.

Net income during the most recently completed quarter was among the strongest results reported by any company in this industry.

Based on its net profit margin, Packaging Corp of America is among the more effective companies in its industry at turning revenues into bottom line profit.

Fifteen analysts who cover this company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, December 2/16

BAC – Bank of America – NYSE

Shares have outperformed the S&P 500 by 15.08% during the last year.

During the most recently completed quarter, net income grew by 8.35%, year over year, to (U.S.) $0.41 per share.

Thirty-two analysts who cover BAC have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Thursday, December 1/16

MTN – Vail Resorts – NYSE

Shares have outperformed the S&P 500 by 26.35% during the last year.

In its industry, based on its net profit margin and net income growth, the company is one of the strongest growth companies and one of the more effective companies at driving profit to the bottom line.

Eleven analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, November 30/16

AOS – A. O. Smith Corp. – NYSE

During the last year, this security has outperformed the S&P 500 by 16.25%.

In its industry, based on its net profit margin and net income growth, the company is one of the strongest growth companies and one of the more effective companies at showing profit.

Thirteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, November 29/16

AMAT – Applied Materials – Nasdaq

Shares have outperformed the S&P 500 by 67.24% during the last year.

In its industry, based on its net income growth and net profit margin, the company is considered to be one of the strongest growth companies and one of the more effective companies at showing profit.

Twenty-three analysts who cover the company have a consensus rating of buy on the company.

(Info via The Globe and Mail)

News Today – Monday, November 28/16

MET – Metlife – NYSE

During the last year, this security has performed in-line with the S&P 500.

Net income was among the strongest results reported by any company in this industry.

Metlife’s net profit margin is comparable to other companies in this industry group.

The 18 analysts surveyed by Reuters Estimates that cover Metlife have a consensus rating of buy on Metlife.

(Info via The Globe and Mail)

News Today – Thursday, November 24/16

HYG – iShares iBoxx $ High Yield Corporate Bond Fund – NYSE

Net income, based on the most recently completed quarter, was among the strongest results reported by any company in this industry.

Based on its net profit margin, iShares iBoxx $ High Yield Corporate Bond Fund is among the more effective companies in its industry at turning revenues into bottom line profit.

(Info via The Globe and Mail)

News Today – Wednesday, November 23/16

TXN – Texas Instruments – Nasdaq

During the last year, shares have outperformed the S&P 500 by 23.48%.

In its industry, based on its net income growth and net profit margin, the company is one of the strongest growth companies and one of the more effective companies at showing profit on the bottom line.

Thirty-two analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, November 22/16

OSB – Norbord Inc. – TSE

During the last year, shares have outperformed the S&P TSX by 8.39%.

Last quarter, net income grew year over year from a loss of $0.11 per share to a gain of $0.64.

In its industry, based on its net profit margin, Norbord Inc. is one of the more effective companies at turning revenues into bottom-line profit.

Nine analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, November 21/16

KAR – KAR Auction Services Inc. – NYSE

Shares have outperformed the S&P 500 by 5.63% during the last year.

In its industry, based on its net income growth and net profit margin, the company is one of the strongest growth companies and one of the more effective companies at driving profits to the bottom line.

Eleven analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, November 18/16

ATVI – Activision – Nasdaq

Shares have performed in-line with the S&P 500 during the last year.

In its industry, based on its net income growth and net profit margin, the company stands out as one of the strongest growth companies and one of the more effective companies at showing profit on the bottom line.

Twenty-two analysts who cover the company have a consensus rating of buy on it.

 (Info via The Globe and Mail)

News Today – Thursday, November 17/16

FL – Foot Locker – NYSE

Shares have outperformed the S&P 500 by 13.25% during the last year.

In its industry, based on its net income growth and net profit margin, the company qualifies as one of the strongest growth companies and one of the more effective companies at driving profit to the bottom line.

Twenty-four analysts who cover the company have a consensus rating of buy on the stock.

(Info via The Globe and Mail)

News Today – Monday, November 14/16

PKG – Packaging Corp. of America – NYSE

Shares have outperformed the S&P 500 by 25.43% during the last year.

During the most recently completed quarter, the company’s results were among the strongest results reported by any company in this industry.

Based on its net profit margin, Packaging Corp. of America is among the more effective companies in its industry at turning revenues into bottom line profit.

Fifteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Thursday, November 10/16

BECN – Beacon Roofing – NYSE

Beacon Roofing Supply Inc’s shares have outperformed the S&P 500 by 15.93% during the last year.

Based on its net income growth, the company is among the strongest growth companies in this industry.

Fifteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, November 9/16

CBM – Cambrex Corp. – NYSE

In its industry, based on its net income growth and net profit margin, the company is rated one of the strongest growth companies and one of the more effective companies at generating profit.

Five analysts who cover the company have a consensus rating of buy on in.

(Info via The Globe and Mail)

News Today – Tuesday, November 8/16

TD – Toronto Dominion Bank – NYSE

Toronto-Dominion Bank’s shares have outperformed the S&P TSX by 2.64% during the last year.

During the most recently completed quarter, net income grew by 3.56%, year over year, to $1.24 per share.

The bank has a net profit margin of 26.80%.

It has aced the last four quarterly reporting periods, coming in with earnings beats and surprises.

Eighteen analysts who cover the bank have a consensus rating of buy on it

(Info via The Globe and Mail)

News Today – Monday, November 7/16

ITW – Illinois Tool Works, Inc. – NYSE

Illinois Tool Works Inc.’s shares have outperformed the S&P 500 by 24.96% during the last year.

In its industry, based on its net income growth and net profit margin, the company is considered to be one of the strongest growth companies and one of the more effective companies at creating profit.

Twenty-five analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, November 4/16

TWX – Time Warner Inc. – NYSE

During the last year, Time Warner’s shares have outperformed the S&P 500 by 20.51%.

In its industry, based on this company’s net income growth and net profit margin, it is considered to be one of the strongest growth companies, and makes it one of the more effective companies at turning a profit.

Thirty-four analysts who cover the company have a consensus rating of buy on it.

News Today – Thursday, November 3/16

LH – Laboratory Corporation of America Holdings – NYSE

Laboratory Corporation of America Holdings’ shares have performed in-line with the S&P 500 during the last year.

In its industry, this company’s net income growth and net profit margin put it in there with the strongest growth companies and make it one of the more effective companies at driving profit to the bottom line.

Twenty-one analysts who cover the company have a buy rating on it.

(Info via The Globe and Mail)

News Today – Wednesday, November 2/16

MDT – Medtronic PLC – NYSE

During the last year, Medtronic PLC’s shares outperformed the S&P 500 by 7.34%.

In its industry, Medtronic PLC’s net income growth and net profit margin put it up there with the strongest growth companies and make it one of the more effective companies at turning a profit.

Twenty-five analysts who cover this company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, November 1/16

UNH – Unitedhealth Group Inc. – NYSE

During the last year, Unitedhealth’s shares outperformed the S&P 500 by 16.83%.

In its industry, Unitedhealth’s net income growth and net profit margin make it one of the strongest growth companies and one of the more effective companies at generating profit.

Twenty-nine analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, October 31/16

PKI – Parkland Fuel Corp. – TSE

During the last year, Parkland Fuel Corp.’s shares have outperformed the S&P TSX by 28.42%.

In this industry, the company’s net profit margin makes it one of the more effective companies at turning revenues into bottom-line profit.

Eight analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, October 28/16

TSN – Tyson Foods – NYSE

Tyson Foods’ shares have outperformed the S&P 500 by 53.36% during the last year.

The company is among the strongest growth companies in its industry.

Twelve analysts who cover the company have a consensus rating of buy on it.

 (info via The Globe and Mail)

News Today – Thursday, October 27/16

MRK – Merck & Co. Inc. – NYSE

During the last year, Merck & Co. Inc.’s shares outperformed the S&P 500 by 11.37%.

In its industry, the company’s net income growth and net profit margin make it one of the strongest growth companies and one of the more effective companies at translating revenues into bankable profit.

Twenty-four analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Wednesday, October 26/16

AMAT – Applied Materials Inc. – Nasdaq

During the last year, Applied Materials Inc. has outperformed the S&P 500 by 73.37%.

In this industry, the company’s net income growth and net profit margin position it as one of the strongest growth companies and one of the more effective companies at turning revenues into bottom-line profit.

Twenty-three analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, October 25/16

UPS – United Parcel Service Inc. – NYSE

In this industry, the company’s net income growth and net profit margin make it one of the strongest growth companies and one of the more effective companies at turning a profit.

Twenty-four analysts who cover the company have a consensus rating of buy on it.

News Today – Friday, October 21/16

FL – Foot Locker – NYSE

In this industry, the company’s net profit margin and net income growth make it one of the strongest growth companies and one of the more effective companies at turning a profit.

Twenty-three analysts who cover the company have a consensus rating of buy on it.

News Today – Thursday, October 20/16

CSCO – Cisco Systems Inc. – Nasdaq

During the last year, Cisco Systems Inc. has performed in-line with the S&P 500.

In this industry, the company’s net profit margin and net income growth put it with the strongest growth companies and the more effective companies at turning a profit.

Forty analysts who cover the company have a consensus rating of buy on it.

News Today – Wednesday, October 19/16

CMCSA – Comcast – Nasdaq

Twenty-one out of 28 analysts who cover the company have a buy on it.

For its last two reporting quarters, it produced an earnings beat.

During the most recently completed quarter, the company’s results were among the strongest results reported by any company in this industry.

(Info via The Globe and Mail, MarketWatch.com, Nasdaq.com)

News Today – Tuesday, October 18/16

WM – Waste Management Inc. – NYSE

During the last year, Waste Management Inc. has outperformed the S&P 500 by 14.00%.

In this industry, the company’s net income growth and net profit margin put it in with the strongest growth companies and the more effective companies at generating bottom-line profit.

Thirteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, October 17/16

FB – Facebook – Nasdaq

During the last year, Facebook has outperformed the S&P 500 by 26.16%.

In this industry, Facebook’s net income growth and net profit margin put it in amongst the strongest growth companies and the more effective companies at turning a profit.

Fifty-two analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, October 14/16

LLY – Eli Lilly and Co. – NYSE

In its industry, its net income growth and its net profit margin puts this company in with the strongest growth companies, and makes it one of the more effective companies at turning a profit.  

Twenty-five analysts who cover Eli Lilly have a consensus rating of buy on it.

News Today – Thursday, October 13/16

SBUX – Starbucks Corp. – Nasdaq

In its industry, net income growth and its net profit margin puts this company in with the strongest growth companies in its industry and makes it one of the more effective companies at turning a profit.

Thirty-five analysts who cover Starbucks have a consensus rating of buy on it.

News Today – Wednesday, October 12/16

CTAS – Cintas Corp. (CTAS – Nasdaq)

North America’s largest corporate uniform supplier also provides restroom supplies, cleaning and other services.

It has posted an annualized total return – assuming all dividends reinvested – of 12.3 per cent over the past decade. This beat the S&P 500’s annual total return of about 7.1 per cent for the same period.

Further, the company has raised its dividend, which is paid annually, for 32 consecutive years.

For the past four quarterly reporting periods, the company has beat the earnings forecast.

(Info via John Heinzl, as reported in The Globe and Mail, October 12/16)

News Today – Tuesday, October 11/16

JBLU – Jet Blue Airways Corp. – Nasdaq

Based on the company’s net income growth and net profit margin, it is performing comparably to other companies in this industry group.

Of the 14 analysts surveyed by Reuters Estimates that cover JetBlue Airways Corp, the consensus rating is a buy.

For the last four reporting periods, the company beat the earnings forecast.

For the record, I own the stock. It is one of the few stocks trending up.  It appears to me that it has put in a 1-2-3 bottom.

(Info via The Globe andMail)

News Today – Monday, October 10/16

In my books, the two best buys right now are:

AIG – American International Group, Inc. – NYSE

A – Agilent Technologies, Inc. – NYSE

There is no rush, because they both experienced inverted hammers, or shooting stars, at the close today.

AIG is in an Uptrend Continuation Pattern, and Leg 2 is unfolding – this following a Golden Cross.

In both cases, MACD has issued a buy signal by punching up through its trigger line.

News Today – Friday, October 7/16

American International Group Inc. NYSE (AIG)

I recommended this stock recently, and feel compelled to bring it up again today, because of a pattern I see.

The stock is experiencing an Uptrend Continuation Pattern, wherein Leg 2 is unfolding – MACD having neutralized back to the waterline, penetrated its trigger line, and now turning up.

The stock is being accumulated, and it is resuming its uptrend that unfolded over a four-plus year period.

I see further upside potential.

News Today – Wednesday, October 5/16

TXN – Texas Instruments Inc. – Nasdaq

I covered this company mid-September, but felt it worthy of mention once more. It is my number one pick today.

Texas Instruments Inc. closed up today to close at (U.S.)$70.60. During the last year, shares have outperformed the S&P 500 by 32.14%.

The company’s net income growth puts it among the strongest growth seen by any company in its industry.

Its net profit margin puts it among the more effective companies in its industry at turning a profit.

Thirty-two analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Tuesday, October 4/16

WSFS Financial Corporation – WSFS – Nasdaq

For the last four quarterly reporting periods, this company pulled off an earnings beat.

On the technical front, the stock has been in an uptrend for the past four-plus years.

It is now experiencing weakness, and is setting up for a great buying opportunity – when MACD stops falling, turns around, and punches up through its trigger line.

(Earnings info via Nasdaq.com)

News Today – Monday, October 3/16

A – Agilent Technologies Inc. – NYSE

During the last year, Agilent shares have outperformed the S&P 500 by 25.21%.

Based on the company’s growth, it is among the strongest growth seen by any company in this industry.

Based on its net profit margin, it is among the more effective companies in its industry at turning a profit.

Sixteen analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Friday, September 30/16

HON – Honeywell International Inc. – NYSE

Honeywell International Inc closed up today at (U.S.)$116.59. During the last year, its shares have outperformed the S&P 500 by 10.20%.

Based on the company’s net income growth, as reported for the most recently completed quarter, this puts the company among the strongest growth seen by any company in its industry.

Further, its net profit margin puts it among the more effective companies in its industry at turning a profit.

Twenty-one analysts who cover the company have a consensus rating of buy on the company.

(Info via The Globe and Mail)

News Today – Thursday, September 29/16

DHI – D.R. Horton Inc. – NYSE

During the most recently completed quarter, net income grew 11.15% year over year to $0.66 per share. In this industry, this was among the strongest growth seen by any company.

In its industry, this company is among the more effective companies at turning a profit – based on its net profit margin of 7.26%.

Twenty analysts who cover the company have a consensus rating of buy on the company.

(Info via The Globe and Mail)    

News Today – Wednesday, September 28/16

ROST – Ross Stores – Nasdaq

ROST stock has been in an uptrend for the past four-plus years. The stock is proving to be resilient, and is holding up well in compared to other stocks.

Price is above both moving averages (50 EMA and 200 EMA), and MACD is above its trigger line, having punched up through its trigger line.

I would look for price to break above with the $65 level before entering a buy. That would represent a cup breakout.

The company reported an earnings beat for three out of four of its last four quarterly reports.

The analyst consensus rating, based on 29 analysts, is overweight.

(Info via MarketWatch and Nasdaq)

News Today – Tuesday, September 27/16

T – AT&T – NYSE

During the last year, shares have outperformed the S&P 500 by 16.40%.

The company’s most recent reported results were among the strongest results reported by any company in this industry.

In its industry, AT&T is among the more effective companies at turning a profit.

Thirty analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, September 26/16

PEP – Pepsico, Inc. – NYSE

This company has either beat or met earnings forecast for the past three quarterly reports. It is supported by a preponderance of analysts who cover it.

MACD just recently issued a buy signal, and it looks like the stock is in the midst of Leg 2 of an Uptrend Continuation Pattern unfolding. It has been in an uptrend for the past four-plus years.  

News Today – Saturday, September 24/16

MAS – Masco Corp. – NYSE

Masco Corp. closed Friday at (U.S.)$34.27. During the last year, shares have outperformed the S&P 500 by 17.42%.

In this industry, Masco is among the strongest growth companies, and it is one of the more effective companies at producing a profit.

Twenty-three analysts who cover the company have a consensus rating of buy on it.

I have owned this stock before, selling it for a profit. I fully intend to get back in.  MACD is about to issue a buy signal by punching up through its trigger line.

(Info via The Globe and Mail)

News Today – Thursday, September 22/16

PFE – Pfizer, Inc. – NYSE

Based on input from 22 analysts, the consensus rating is overweight.  The company has beat earnings for the past four quarters.

Technically, it looks like the stock is poised to header higher, having just completed a Downtrend Continuation Pattern.

The trend is up according to the 200 EMA. But, I would want to see price climb above the 50 EMA, before I would pull the trigger on a trade.

(Info via MarketWatch and Nasdaq)

News Today – Wednesday, September 21/16

Well, Janet Yellen and co. backed off today, and left interest rates alone. Most stocks accordingly lifted off.

On my radar for possible purchase tomorrow – Thursday – are CBM, WM, NWL, TSN, AIG, AEP, T, MDT, CMCSA, CSC, and MO. These are all U.S. stocks, and are presenting themselves as great buying opps.  

News Today – Tuesday, September 20/16

AIG – American International Group Inc. – NYSE

Of the 23 analysts surveyed, the consensus rating is a buy.

For the fiscal quarter ending in June and reported in August, AIG produced an earnings beat.

News Today – Monday, September 19/16

NWL – Newell Brands Inc. – NYSE

This security has been trending up for the past five years. It looks like it has fully recovered from the recent interest rate scare, and is positioned for a buy.

For the past four quarterly reports, the company has rung up an earnings beat three out of four with a meet just once.

Fifteen out of 18 analysts who cover the company have a buy rating on its stock.

(Info via MarketWatch.com and Nasdaq.com)

News Today – Friday, September 16/16

WM – Waste Management Inc. – NYSE

Waste Management Inc. closed today at (U.S.)$62.81. During the last year, this security has outperformed the S&P 500 by 18.01%.

In its industry, the company is considered to be one of the strongest growing companies, and it is among the more effective companies at turning a profit.

Fourteen analysts who cover the company have a consensus rating of buy on the company.

(Info via The Globe and Mail)

News Today – Thursday, September 15/16

Following the recent market swoon, we’re experiencing somewhat of a revival. To that end, there are three stocks on my radar as candidates for possible purchase, when MACD signals such:

MAS – Masco Corp. – Nasdaq

TXN – Texas Instruments Inc. – Nasdaq

CBM – Cambrex Corp. – NYSE

News Today – Wednesday, September 14/16

TXN – Texas Instruments Inc. – Nasdaq

Texas Instruments Inc. closed up today at (U.S.)$67.79. During the last year, it has outperformed the S&P 500 by 32.89%.

In its industry, the company is among the strongest growing companies, and it is one of the more effective companies at turning a profit.

Thirty-two analysts that were surveyed who cover the company have a consensus rating of buy on it.

News Today – Tuesday, September 13/16

AMAT – Applied Materials Inc. – Nasdaq

Applied Materials Inc. closed today at US$29.38. During the last year, it has outperformed the S&P 500 by 81.09%.

In its industry, it is one of the strongest growth companies, and it is one of the more effective companies at turning a profit.

Twenty-three analysts who cover the company have a consensus rating of buy on it.

(Info via The Globe and Mail)

News Today – Monday, September 12/16

As you know by now, we had a market meltdown on Friday. I sensed that something was amiss the day before, and sold a couple of my stocks – making me look like a genius the next day. Of course, the meltdown came on the back of rate fears. I wish the Fed could get it right, and stop spooking the markets till they are really ready to hit the start button on rate increases.

In the meantime, I am on the prowl for good trading candidates, and have my sights set on CBM – the only stock on my radar that didn’t collapse on Friday. That’s a good sign. I am also looking at other situations.

Market meltdowns are great buying opportunities. My up-coming blog post, which is days away from going live, addresses my favourite trading strategy. Stay tuned for that.

News Today – Sunday, September 11/16

ENB – Enbridge Inc. – TSE

Enbridge spiked on Thursday, and then settled down on Friday. The news that caused the spike was Enbridge’s agreement to buy Houston-based Spectra Energy that will create North America’s largest energy infrastructure company.

The company’s results, as reported for the most recently completed quarter, put the company in there with other companies in this industry with similar strong results. Its net profit margin also puts it up there with other companies in this industry that are more effective at generating profits.

The thirteen analysts covering the company, who were surveyed, have a consensus rating on the company of buy.

(Info for this post and previous ones via The Globe and Mail)

News Today – Saturday, September 10/16

I first brought CBM – Cambrex Corp. – NYSE to your attention Sunday, September 4/16. Ever since then, I have kept my eye on it, looking for an entry point. I was getting close, till the market meltdown on Friday.

What intrigued me was that this stock was the only one that I follow that didn’t succumb to the market swoon. That impressed me to the point that I am now even keener to add it to my portfolio, when the market settles down.

Of course, the market jitters were due to rate concerns and the impending rate decision. The fear index – VIX – rose to 16.55 on Friday – quite a one-day jump (up 23.74%).

I still believe the Fed won’t go with a rate increase before the election – perhaps more like December. Let’s see if my crystal ball is working overtime.

News Today – Friday, September 9/16

FBHS – Fortune Brands Home & Security, Inc. – NYSE

Fortune Brands Home & Security closed sharply lower Friday, as did most other stocks. During the last year, its shares have outperformed the S&P 500 by 6.30%.

In its industry, the company is one of the strongest growing companies, and it one of the more effective companies at driving profits to the bottom line.

Eighteen analysts cover the company, and their consensus rating is a buy.

News Today – Thursday, September 8/16

LLY Eli Lilly & Co. NYSE

Shares of Eli Lilly and Co. popped on Thursday, closing at US$79.89.

In its industry, it is one of the strongest growth companies, and one of the more effective companies at generating profits.

Twenty-five analysts cover the company, and they have a consensus rating of buy on the stock.

News Today – Wednesday, September 7/16

MAS – Masco Corp. – NYSE

Masco Corp. closed today at US$35.28. During the last year, it has outperformed the S&P 500 by 20.71%.

In its industry, net income growth puts it among the strongest growing companies, and it is one of the more effective companies at generating profits.

Twenty-three analysts cover Masco, and their consensus rating is a buy.

News Today – Tuesday, September 6/16

RAI – Reynolds American Inc. – NYSE

Reynolds American Inc. closed up today at US$50.99 on volume of 2.8M. During the last year, its shares have outperformed the S&P 500 by 8.12%.

In its industry, its most recent results are among the strongest of any reported, and it is among the more effective companies at generating profit from revenues.

Eleven analysts cover the company, and their consensus rating is a buy.

I already own the stock, and am looking at adding to my position, if and when it breaks the 1-2-3 bottom to the upside.

News Today – Monday, September 5/16

TCN – Tricon Capital Group Inc. – TSE

This is a Canadian real estate investment firm, which is betting on upscale mobile homes in the U.S. ‘sun belt.’

The company benefitted significantly from investing in U.S. housing in the depths of the slump.

One way of playing the rebound in house prices south of the border may be via this company.

Tricon Capital Group Inc. closed up Friday at $9.68 on volume of 481.4K.

In its industry, the company is one of the strongest growing and profitable companies.

Nine analysts who cover the company have a consensus rating of buy on it.

(Info via the Financial Post and The Globe and Mail)

News Today – Sunday, September 4/16

CBM – Cambrex Corp. – NYSE

Cambrex Corp. closed up Friday at US$43.27 on volume of 303.7K.

In its industry, Cambrex is one of the strongest growing companies and one of the more effective companies at driving revenues to the bottom line in the form of profit.

The consensus rating among five analysts who cover the company is a buy.

News Today – Saturday, September 3/16

WM – Waste Management Inc. – NYSE

Waste Management Inc. closed up Friday at US$64.35 on volume of 1.5M. During the last year, its shares have outperformed the S&P 500 by 17.41%.

Its net income growth puts the company up there with the best in its industry.

Waste Management Inc. is one of the more effective companies in its industry at generating profits.

The consensus rating of 14 analysts is a buy.

News Today – Friday, September 2/16

MO – Altria Group Inc. – NYSE

Altria Group Inc. closed up today at US$66.88 on volume of 4.4M. Over the last year, its shares have outperformed the S&P 500 by 14.02%.

The company is one of the strongest growing companies in its industry.

The company stands out in its industry for its ability to improve profitability.

Ten analysts cover the company, and their consensus rating is a buy.

News Today – Thursday, September 1/16

DRE – Duke Realty Corp. – NYSE

Duke Realty Corp closed today at US$28.01 on volume of 1.4M. During the past year, its shares have outperformed the S&P 500 by 43.75%.

Seventeen analysts cover the company. The consensus rating is a buy.

The company’s net income has grown by 14.78% year over year.

Based on its net profit margin of 27.28%, Duke Realty Corp ends up among the more effective companies in its industry at growing profits.

Price has been trending up for the past four-plus years. It is presently consolidating sideways, as MACD dissipates from being overbought.  I would wait for MACD to stop falling, turn around, and punch up through its trigger line, before I would contemplate a trade.

(Info via The Globe and Mail)

News Today – Wednesday, August 31/16

ITW – Illinois Tool Works, Inc. – NYSE

Illinois Tool Works, Inc. closed today at US$118.85 on volume of 1.6M. During the last year, shares have outperformed the S&P 500 by 30.52%.

In this industry, net income growth makes the company one of the strongest growth companies.

Twenty-six analysts cover the company. The consensus rating is a buy.

In its industry, its net profit margin makes Illinois Tool Works, Inc. one of the more effective companies at maximizing profits from revenues.

Price is overbought, as reflected by MACD trending down towards the waterline. It could be that we are seeing a UCP pattern (Uptrend Continuation Pattern) in the works. I would wait for MACD to stop falling, turn around, and punch up through its trigger line, before I would buy the stock.  

(Info via The Globe and Mail)

News Today – Tuesday, August 30/16

ATVI – Activision Blizzard Inc. – Nasdaq

Activision Blizzard Inc. closed up today at US$41.58 on volume of 5.1M. During the last year, shares have outperformed the S&P 500 by 32.88%.

Its recent net income report puts the company up there with the best in this industry.

Twenty-one analysts cover the company. The consensus rating is a buy.

Its net profit margin puts the company up there with the best in terms of profit generation from revenues.

MACD has punched up through its trigger line in the uptrend, signalling a buy. However, I would wait for Parabolic SAR to reflect bullishness in the form of its dots underneath price before I would enter a buy.

(Info via The Globe and Mail)

News Today – Monday, August 29/16

MDT – Medtronic PLC – NYSE

Medtronic PLC closed up today to close at US$87.46 on volume of 3.7M, crossing above its 50-day moving average.

During the last year, this security has outperformed the S&P 500 by 9.27%.

Twenty-six analysts cover the company. The consensus rating is a ‘buy.’

Last quarter, net income grew year over year from a loss to a gain.

In its industry, its net profit margin puts the company among the more effective companies at maximizing profit from revenues.

MACD is about ready to punch up through its trigger line to signal a trade. I would wait for that to happen before I would hit the enter key.

(Info via The Globe and Mail)

News Today – Sunday, August 28/16

CORE – Core-Mark Holding Company Inc. – Nasdaq

CORE closed Friday at US$45.11 on volume of 125.4K.

During the last year, shares have outperformed the S&P 500 by 39.70%.

The four analysts covering the company have a ‘strong buy’ rating on the stock.

Net income growth makes it one of the strongest growth companies in its industry.

Its net profit margin makes it one of the more effective companies in its industry at generating profits. 

MACD has generated a buy signal, having just punched up through its trigger line from below the waterline.

(Info via The Globe and Mail)

News Today – Saturday, August 27/16

DHI – D.R. Horton Inc. – NYSE

D.R. Horton Inc closed Friday at US$31.94 on volume of 3.4M.

Based on net income growth, as at the most recently completed quarter, the company is among the strongest growing companies in its industry.

Nineteen analysts cover the company.  When surveyed by Reuters Estimates, the consensus rating was a buy.

Its net profit margin puts the company in with the more effective companies in its industry at deriving maximum profit from revenues.

(Info via The Globe and Mail)

News Today – Thursday, August 25/16

T – AT&T Inc. – NYSE

AT&T Inc. closed up today at US$41.07 on volume of 16.9M. Over the last year-to-date, its shares have gained 19.35%, and the security has outperformed the S&P 500 by 12.83% during the last year.

Even though its net income declined year over year during the most recently completed quarter, the results put it among the strongest results reported by any company in this industry.

The 33 analysts who cover AT&T have a consensus rating of ‘buy’ on the company, according to Reuters Estimates.

AT&T’s net profit margin puts it among the more effective companies in its industry at turning revenues into bottom line profit.

(Info via The Globe and Mail)

News Today – Wednesday, August 24/16

CCI – Crown Castle International Corp. – NYSE

Crown Castle International Corp. closed today at US$94.77 on volume of 2.3M. During the past year, its shares have outperformed the S&P 500 by 3.66%.

Twenty-one analysts cover the company and, when surveyed by Reuters Estimates, the consensus rating was a buy.

In its industry, the company’s net profit margin puts it among the more effective companies at turning revenues into bottom line profit.

I would look to buy the dip in the uptrend that appears to be unfolding now. However, I would wait for MACD to punch up through its trigger line and for Parabolic SAR to show bullishness before I would put in a buy.

(Info via The Globe and Mail)

News Today – Tuesday, August 23/16

FR – First Industrial Realty Trust Inc. – NYSE

First Industrial Realty Trust Inc closed today at US$28.88 on volume of 675.7K. During the last year, its shares have outperformed the S&P 500 by 30.26%.

During the most recently completed quarter, net income grew by 240.41%, year over year.

Eight analysts cover First Industrial Realty Trust Inc. and, when surveyed by Reuters Estimates, the consensus rating was a ‘buy.’

Its net profit margin is 34.44%, making First Industrial Realty Trust Inc. one of the more effective companies in its industry at maximizing profit from revenues.

Although price has been in an uptrend overall, together with the 50 and 200 EMAs, over the past four-plus years, it is presently trending down, as is MACD. The stock is being accumulated. Slow STO (Stochastics) is oversold. I would wait for it to start trending up, for Parabolic SAR to start showing buying pressure, and for MACD to stop falling, then turn around and punch up through its trigger line, before I would consider a trade.

(Info via The Globe and Mail)

News Today – Monday, August 22/16

AP.UN – Allied Properties Real Estate Investment Trust – TSE

Allied Properties Real Estate Investment Trust closed today at 38.81 on volume of 312.3K. During the last year, its shares have performed in line with the S&P TSX.

Based on the most recently completed quarter, the results were among the strongest results in this industry.

Eight analysts cover this real estate investment trust. When surveyed by Reuters Estimates, the consensus rating was a buy.

In its industry, its net profit margin makes it one of the more effective companies at maximizing profit from revenues.

Consistent with the Golden Rule of ‘buying the dips in an uptrend,’ and with MACD about to punch up through its trigger line, this security is close to being a buy, if not already there.

(Info via The Globe and Mail)    

News Today – Sunday, August 21/16

Boralex Inc. (BLX on the TSE) closed Friday at $19.21 on volume of 110.8K, staying above its 50 EMA.  During the last year, its shares have outperformed the S&P TSX by 37.87%. On that basis, I am recommending the stock – that and the fact that the technicals are lining up to potentially signal a trade.

It should be noted that the company’s net income growth, as reported in the most recently completed quarter, puts the company among the weakest growth companies in its industry. Also, based on its net profit margin, the company is less effective than other companies in its industry at materializing profit from revenues.

That said, eight analysts cover the company and, when surveyed by Reuters Estimates, the consensus rating was a buy.

Getting back to the technicals, the stock is being accumulated, MACD looks like it wants to punch up through its trigger line from being oversold below the waterline, and Slow STO (Stochastics) is recovering from being oversold. Price is above the 50 and 200 EMAs, and all three have been trending up for at least four years.

I would wait for the Parabolic SAR indicator to start showing buying pressure and for MACD to punch up through its trigger line before I would put in a buy.

(Info via The Globe and Mail)

 

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Peter R. Bain

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