Monday, April 21, 2008

Nasdaq showed green @ close

NASDAQ was the only green among indices......

Dow & S&P 500 took a nap......

Markets are looking healthy for stock picking.....

Those who know their stocks well FA/TA plus Tape wise will do extremely well in this market....

Stock picking IS as much science as it IS an art also......

Monitor your hit & miss when you choose or NOT choose any stock...that IS where the learning IS......

Do NOT go heavy in any stock...but go in many stocks ..as MOST of the stocks are coming off a very long "downtrend"....they all have built a nice base and will move UP sharply in short order....

This is not the same market as last six months...the profile of this market is completely different...recognize it ....and play it differently for optimizing your $$$$

In my portfolio :

BRCM no TA available

EGO rating 50/85 target $8.32

ICO No TA available....Fast Money Pete Najarian was ..screaming his head off to buy ICO UP in AH trading @ $9.25 bid

JNPR No TA available

PMCS rating 5/30 target $9.22

SNDK No TA available

SEED rating 50/95 target $6.99

TSO rating 80/50 target $31.62

TOL rating 50/45 target $26.23

V No TA available

In other stocks :

FMCN rating 85/50 target $36.44

MRVL rating 45/30 target $12.59

Strong stocks were SOL,FSLR,SPWR,STP,TSL,POT,AGU,MOS,AAPL,
RIMM,LULU,BIDU,ISRG,MA,NVDA,ACI,ICE,NMX,X,SOHU,AKAM......

BLOG does NOT give buy or sell.

Saleem

8 comments:

  1. Playing TOL earnings with following strangle:

    MAY 27.5call and MAY 20put for 0.60/-

    ReplyDelete
  2. Hi Troy,

    Good luck with your Strangle on TOL.

    Saleem

    ReplyDelete
  3. Hi, salim.
    need your help. What do you think JRJC, C, NTRI, V, I am planning to buy to day.Thanxs.

    ReplyDelete
  4. Hi Ds,

    V is the only one in your list..which I feel comfortable with.

    Saleem

    ReplyDelete
  5. SALEEM Hello my friend

    Sold my CMED, AAPL, and LDK.

    Gosh AAPL is crashing here, earnings is tomorrow and two negative down grades, It is so hard to hold through earnings. So I took opportunith to sell and make $$$$.

    This could be an opportunity here to buy AAPL tomorrow??

    Thoughts
    Have a great day
    Good Luck to
    Madmax

    ReplyDelete
  6. Saleem

    Stocks on the rise from IBD:
    tocks RISINGFALLING on unusually high volume. Learn More about Stocks On The Move.
    4/22/2008 Updating...
    Stock
    Symbol Company
    Name Stock
    Price Price
    Chg. Vol
    % Chg. Research Tools
    WGOV Woodward Governor Co 33.96 +4.51 +442 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    PDE Pride International Inc 42.94 +2.53 +314 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    FTEK Fuel Tech Inc 24.74 +0.78 +239 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    ALV Autoliv Inc 57.32 +3.40 +225 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    EXM Excel Maritime Carriers 41.48 +1.94 +217 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    PH Parker-Hannifin Corp 81.10 +4.13 +195 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    OMI Owens & Minor Inc 43.18 +2.44 +141 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    YZC Yanzhou Coal Mining Adr 83.20 +4.04 +139 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    POT Potash Corp Saskatchewan 211.20 +2.41 +133 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    TNH Terra Nitrogen Co Lp 167.05 +2.42 +103 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    MHS Medco Health Solutions 50.78 +3.00 +86 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    RICK Ricks Cabaret Intl Inc 18.90 +0.79 +70 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    DRYS Dryships Inc 79.41 +4.80 +65 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    HES Hess Corp 116.00 +3.44 +64 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    CALM Cal-Maine Foods Inc 30.80 +0.89 +40 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    CNH C N H Global Nv 57.20 +0.50 +31 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    SCHN Schnitzer Steel Inds A 86.54 +1.78 +25 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    WTI W & T Offshore Inc 42.30 +1.45 +24 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    SU Suncor Energy Inc 119.78 +1.50 +18 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    FSLR First Solar Inc 302.95 +11.10 +18 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    Stock
    Symbol Company
    Name Stock
    Price Price
    Chg. Vol
    % Chg. Research Tools
    DST D S T Systems Inc 56.69 -10.61 +1,352 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    AXE Anixter International 59.23 -8.58 +783 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    AIRM Air Methods Corp 41.43 -2.26 +735 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    NFLX Netflix Inc 30.35 -8.97 +593 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    MDP Meredith Corp 32.92 -4.42 +517 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    VNUS V N U S Medical Tech Inc 16.44 -2.40 +457 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    LXK Lexmark International A 31.52 -3.79 +408 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    BJS B J Services Co 27.44 -5.36 +366 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    CLMT Calumet Spclty Pdt Ptnrs 18.40 -2.14 +353 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    AGP Amerigroup Corp 25.79 -3.30 +337 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    PPD Pre Paid Legal Services 46.07 -1.62 +329 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    RE Everest Re Group Ltd 91.54 -2.95 +321 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    ROH Rohm & Haas Co 55.99 -4.61 +308 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    HLF Herbalife Ltd 42.34 -4.96 +299 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    CSL Carlisle Cos Inc 31.01 -2.80 +298 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    RGA Reinsurance Grp Of Amer 50.95 -1.95 +239 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    NVLS Novellus Systems Inc 20.19 -2.34 +235 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    IIVI Ii-Vi Incorporated 34.90 -4.80 +232 Click to View an IBD Stock Checkup Click to View an IBD Chart Click to View a PREMIUM Stock Graph Click to View Related Articles in the IBD Archives Click to Add to My Stock Lists Add to My Alerts
    UNH Unitedhealth Group Inc 33.93 -3.88 +230 Click to

    ReplyDelete
  7. HELLO all here is some news on AGU;

    From IBD:
    world's biggest exporters, but some things it has to ship in. That's why a guild of Canadian companies could get it to pay through the nose for potash.

    Potash, a key mineral used for fertilizer, can be mined in only a few parts of the world — notably Saskatchewan, Canada. Now, demand is exceeding supply by so much that China's Sinofert, which buys potash on one-year contracts, agreed on Apr. 16 to pay $576 a ton for 1 million tons of potash — up 227% from last year.

    The other party in the deal was Canpotex, a marketing body created jointly by Canada's three big potash exporters. One of them, Agrium, (AGU) saw its shares soar to a new high on the news.

    "Since China is the biggest buyer of potash internationally, there was some speculation that it could hold out over the summer," said Richard Downey, head of Agrium's investor relations. "It was significant that the contract was signed now."

    Beijing Office

    Agrium also signaled its seriousness about China on April 11, when it opened a representative office in Beijing. The firm already had been doing business in the Middle Kingdom for a while, through Canpotex and through its minority stake in Hanfeng Evergreen, a specialty fertilizer company there. Opening a field office was the next logical step.

    Agrium's busy April has brought a move into the other side of the world as well. On Apr. 10, it bought 70% of Common Market Fertilizers, a Western European distributor. The company says the buy will support the new nitrogen facility it's building in Egypt — its first such facility outside the Americas.

    "We are a growth company," said Downey. "You've got to be global in the agriculture industry."

    Buyouts have long been a key part of this strategy. Agrium has made nine of them in the last 10 years. It's expanded its capacity for nitrogen fertilizer by buying the nitrogen assets of oil companies, who make the fertilizer from natural gas. Nitrogen is the company's single biggest product line, bringing in almost 40% of total revenue.

    Rising gas prices can challenge the economics of this business. But so far, "record nitrogen prices (are) more than offsetting a slight increase in gas costs," according to a Feb. 13 note from CIBC World Markets. In the fourth quarter, nitrogen revenue grew 66% while gross profit rose 240%.

    Agrium also has bought some phosphate mines and operations, which now contribute 10% of sales. Potash, which the company has been selling since the 1960s, provides about 8.5% of revenue. Both these product lines saw triple-digit sales and profit growth in the fourth quarter.

    But the former Cominco Fertilizers isn't just about fertilizers. The buyouts also have brought in new parts of the supply chain.

    Thanks to a series of acquisitions starting in the mid-'90s, Agrium has created a network of more than 500 retail outlets selling seeds, fertilizers and pest-control services. In the Eastern and Midwestern U.S., the stores go by the name Crop Production Services; in the western states, Western Farm Service; and in Argentina and Chile, Agroservicios Pampeanos.

    Agrium's retail buyout strategy has been especially aggressive in the past two years. In 2006, it bought Royster-Clark, doubling the segment's size. Last year, it snapped up 32 stores from Archer Daniels Midland. (ADM)

    In December, the company announced a $2.65 billion deal to buy UAP Holdings, (UAPH) which will add another 370 locations and make for the biggest fertilizer retailer in North America. In a Feb. 14 note, Scotia Capital analysts said the UAP buy will move Agrium toward its goal of becoming "the Wal-Mart of U.S. agricultural retail."

    Downey says the North American retail sector is "somewhat overbuilt," leading to attractive prices on retailers these days.

    "We've had more acquisitions in retail partly because valuations on retail haven't gone up as much as on wholesale," he said. "Retail has provided more counter-cyclical investment opportunities than pure fertilizer (wholesaling)."

    Agrium seems to be succeeding so far in turning these cut-rate retailers into gold. In the fourth quarter, the retail segment's EBITDA rose to 8.5% of net sales from 2% last year. Scotia Capital's note remarked that this is "an especially strong showing given that this includes the Royster Clark acquisition that has historically produced an EBITDA to net sales ratio of only 5%."

    Still, the UAP buyout hasn't gone completely smoothly. Agrium had hoped to close the deal Feb. 26, but wound up extending its offer to April 30, reportedly because it needs to settle antitrust issues. However, on April 18, the firm said it had reached a deal with the Federal Trade Commission and expected to pursue the buyout again in early May.

    Controlled-Release Fertilizers

    In addition to wholesale fertilizer and retail stores, Agrium created a third major division last year called Agrium Advanced Technologies. This grew out of the firm's 2006 buyout of Nu-Gro Technologies, which brought it a line of patented controlled-release fertilizers for lawn and garden care. A later buyout of Pursell Technologies the same year added to this unit.

    After the buyout, Agrium boosted Advanced Technologies' production capacity, helping sales grow 94% in the fourth quarter. Still, the division provided only about 0.5% of total revenue.

    Overall, fourth-quarter profit jumped 396% from the prior year to $1.24 a share, while sales gained 59% to $1.43 billion. Profit for the full year nearly quadrupled to $3.25 a share.

    Analysts polled by Thomson Reuters don't expect Agrium to replicate that, but they still see 2008 earnings rising 82% to $5.90 a share.

    ReplyDelete