The lesson of history is this: Bubbles eventually pop! In 2000, investors felt the nasty sting of that fall, both seasonally and directionally, for a decade or more, recalls Jim Oberweis, Jr. in The Oberweis Report.
Victims of the late 1990s tech boom neglected basic laws of intelligent investing and replaced them with nonsensical metaphors to justify greed, like profits don't matter.
Now, as the stock market soars, isolated strains of valuation amnesia have been reported once again. And among a few momentum stocks, the possibility of massive overvaluation is more than plausible.
Bubbles usually start around real ideas, often ideas with dreamlike investment potential. In the 1840s, it was railroads. In the 1920s, we had radio, automobiles, aviation, and electric power grids. In the 1980s, it was anything Japanese.
By the late 1990s, internet and e-commerce stock valuations rocketed into the stratosphere. While a few of the highly-touted bubble stocks grew into big winners, most bombed.
Top Railroad Stocks To Own Right Now: Amarium Technologies Inc (AMMG.PK)
Amarium Technologies Inc., formerly Cirond Corporation, incorporated on April 6, 2000, develops software solutions, and provides network security products and consulting services to governments and private sector businesses to combat the threat to wired networks represented by the deployment of unauthorized wireless networks. The Company's solutions can also be used to implement, secure and manage wireless networks. It receives revenues from the licensing of its Winc Manager, Winc, pocketWinc, AirPatrol Mobile, AirPatrol Sentinel and AirPatrol Enterprise software products. The Company operates through its wholly owned subsidiary, Cirond Networks Inc. (CNI). On April 10, 2006, it completed the acquisition of certain assets of ServGate Technologies, Inc. (ServGate), which has developed unified threat management software. The assets acquired consisted of primarily of intellectual property rights (patents, domain names and product trade marks) to the ServGate products. The Company plans to continue as an intellectual property licensing and services company under the new name of Amarium Technologies, and use the ServGate assets to establish a unified threat management network security division known as EdgeForce. In August 2013, Amarium Technologies Inc. through its wholly owned subsidiary Amarium Minerals Inc., announced that the Company has acquired the San Pedro Copper Mine and Flotation Mill in Michoacan, Mexico, from Minera Rio Cobre SA de CV.
The Company's subsidiary, CNI, conducts its research and development activities through its subsidiary, Cirond Networks (Canada) Inc. CNI's initial product set included a wireless network management and security solution known as Winc Manager, and a pair of wireless connectivity utilities known as WiNc and pocketWiNc. During the year ended December 31, 2003, the Company announced a family of products dedicated primarily for the purpose of securing wired networks against the threat of una uthorized wireless devices (such as wireless-equipped lapto! p! computers and wireless access points). These products were launched under the AirPatrol name, and included AirPatrol Enterprise and AirPatrol Mobile. AirPatrol Enterprise is a network security product aimed at securing an organization's network against the wireless threat around the clock, and is capable of being repurposed as a wireless network management solution at such time as the customer implements a wireless network. AirPatrol Mobile is a software-only solution that allows customers to detect and locate unauthorized wireless devices and access points without the use of any specialized hardware. CNI also developed and introduced a line of products under the AirSafe name. On January 19, 2006, CNI entered into a source code licensing agreement with Air Patrol Corporation. CNI granted a worldwide license to AirPatrol Corporation for the WiNc, AirPatrol and AirSafe software products, and for the associated trademarks and trade names.
It competes with Watchgua rd, McAfee, Cisco, Sonic Wall and Fortinet.
Top Railroad Stocks To Own Right Now: ABBOTT LABORATORIES COM STK NPV (ABT.L)
Abbott Laboratories engages in the discovery, development, manufacture, and sale of health care products worldwide. Its Established Pharmaceutical Products segment offers branded generic pharmaceuticals for the treatment of pancreatic exocrine insufficiency, irritable bowel syndrome or biliary spasm, pain, fever, inflammation, hypothyroidism, gynecological disorders, intrahepatic cholestasis or depressive symptoms, physiological rhythm of the colon, dyslipidemia, and hypertension, as well as provides anti-infective and influenza vaccines. The company�s Diagnostic Products segment provides diagnostic systems and tests, such as immunoassay and clinical chemistry systems; assays for screening and diagnosis for drugs of abuse, cancer, therapeutic drug monitoring, fertility, and physiological and infectious diseases; genomic-based tests; hematology systems and reagents; and diagnostic systems and tests for blood analysis, as well as instruments that automate the extraction, pu rification, and preparation of DNA and RNA from patient samples, and detects and measures infectious agents. Its Nutritional Products segment offers pediatric and adult nutritional products comprising various forms of prepared infant and follow-on formula. The company�s Vascular Products segment provides coronary, endovascular, vessel closure, and structural heart devices for the treatment of vascular disease. Abbott Laboratories also offers blood glucose monitoring meters, test strips, and data management software and accessories for people with diabetes; and medical devices for the eye, including cataract surgery, LASIK surgery, contact lens care products, and dry eye products. The company primarily serves retailers, wholesalers, hospitals, health care facilities, laboratories, physicians� offices, and government agencies. The company was founded in 1888 and is headquartered in Abbott Park, Illinois.
Top 5 Oil Stocks For 2015: Odyssey Resources Limited(ODX.V)
Odyssey Resources Limited, a junior exploration company, engages in the acquisition, exploration, and development of mineral resource properties, primarily precious metals properties. The company was incorporated in 1994 and is based in Longueuil, Canada.
Top Railroad Stocks To Own Right Now: Morgans Hotel Group Co.(MHGC)
Morgans Hotel Group Co., a hospitality company, engages in the acquisition, ownership, operation, development, and redevelopment boutique hotels, nightclubs, restaurants, bars, and other food and beverage venues. It has operations primarily in the United States, Europe, and internationally. The company was incorporated in 2005 and is based in New York, New York.
Advisors' Opinion:- [By Roberto Pedone]
Morgans Hotel Group (MHGC) operates, owns, acquires, develops and redevelops boutique hotels, primarily in gateway cities and select resort markets in the U.S., Europe and other international locations and nightclubs, restaurants. This stock closed up 3.8% to $6.99 in Tuesday's trading session.
Tuesday's Range: $6.73-$7.06
52-Week Range: $4.66-$8.15
Tuesday's Volume: 388,000
Three-Month Average Volume: 196,219From a technical perspective, MHGC spiked higher here right above its 200-day moving average of $6.45 with above-average volume. This move is quickly pushing shares of MHGC within range of triggering a near-term breakout trade. That trade will hit if MHGC manages to take out Tuesday's high of $7.06 and then once it takes out more near-term resistance at $7.20 with high volume.
Traders should now look for long-biased trades in MHGC as long as it's trending above its 200-day at $6.41 and then once it sustains a move or close above those breakout levels with volume that hits near or above 196,219 shares. If that breakout triggers soon, then MHGC will set up to re-test or possibly take out its next major overhead resistance levels at $8 to its 52-week high at $8.15. Any high-volume move above those levels will then give MHGC a chance to tag its next major overhead resistance levels at $9 to $10.
Top Railroad Stocks To Own Right Now: Choice Hotels International Inc. (CHH)
Choice Hotels International, Inc., together with its subsidiaries, operates as a hotel franchisor worldwide. It franchises lodging properties under its proprietary brand names, including Comfort Inn, Comfort Suites, Quality, Clarion, Sleep Inn, Econo Lodge, Rodeway Inn, MainStay Suites, Suburban Extended Stay Hotel, Cambria Suites, and Ascend Collection brands. As of March 31, 2011, it operated 6,128 open hotels comprising 492,733 rooms, as well as 606 hotels consisting of 49,908 rooms under construction, awaiting conversion, or approved for development in 49 states, and the District of Columbia in the United States; and approximately 40 countries and other territories. The company was founded in 1981 and is based in Silver Spring, Maryland.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on Choice Hotels International (NYSE: CHH ) , whose recent revenue and earnings are plotted below.
Top Railroad Stocks To Own Right Now: Superior Industries International Inc.(SUP)
Superior Industries International, Inc. engages in the design, manufacture, and sale of aluminum road wheels to original equipment manufacturers primarily in North America. It supplies cast aluminum wheels to automobile and light truck manufacturers. The company was founded in 1957 and is headquartered in Van Nuys, California.
Top Railroad Stocks To Own Right Now: novae group ord gbp0.10(NVA.L)
Novae Group plc engages in the provision of insurance and reinsurance underwriting services primarily in the United Kingdom, the United States, Canada, Australia, and Italy. The company underwrites a range of insurance products, including bloodstock, cargo, credit indemnity and financial services, energy, financial institutions, casualty, marine hull, marine liability, marine war, medical malpractice, motor, political risks, political violences, professional indemnity, property, and general liability insurance. It also underwrites various classes of reinsurance products comprising agriculture, aviation, credit and surety, engineering, general liability, marine, motor, and property. The company is based in London, the United Kingdom.
Top Railroad Stocks To Own Right Now: Gulf Island Fabrication Inc. (GIFI)
Gulf Island Fabrication, Inc., through its subsidiaries, operates as a fabricator of offshore drilling and production platforms, hull and deck sections of floating production platforms, and other specialized structures used in the development and production of offshore crude oil and natural gas reserves. The company fabricates jackets and deck sections of fixed production platforms; hull, tendon, and/or deck sections of floating production platforms, such as tension leg platforms (TLP), floating production storage and offloading vessels, minimum deepwater operating concepts, and SPARs; piles, wellhead protectors, and subsea templates; offshore living quarters and various other types of steel structures; water towboats; barges; lift boats; offshore support vessels; and mid-body sections for offshore supply vessels, as well as produces and repairs pressure vessels used in the oil and gas industry. It also fabricates piles and other rolled goods; templates; bridges for connec ting offshore platforms; wellhead protectors; and various production, processing, compressor, and utility modules and other structures used in offshore oil and gas production and development activities. In addition, the company provides interconnect piping services on offshore platforms; inshore steel and wood structure construction; fabrication of pressure vessels, and large and small packaged skid units; on-site construction and maintenance services; and platform refurbishment services, as well as performs heavy lift services consisting of ship and TLP module integration, and load and offload jack-up drilling rigs, semi-submersible drilling rigs, TLPs, SPARs, or other cargo. It serves independent oil and gas exploration and production companies primarily in the United States. The company was founded in 1985 and is headquartered in Houma, Louisiana.
Top Railroad Stocks To Own Right Now: Anglo Canadian Oil Corp (ACG.V)
Anglo Canadian Oil Corp., a junior oil and gas company, engages in the exploration, development, exploitation, and production of oil and natural gas properties in western Canada. It primarily explores for hydrocarbons with a focus on oil. The company holds interests in the Nordegg play comprising 173,776 net acres of oil bearing lands located in the Grande Prairie area of Alberta; and 90,658 acres of potential oil bearing lands in Central Alberta, as well as the Bakken and Mannville plays with 17,481 acres of oil bearing lands located in the Buffalo Coulee area of Saskatchewan. The company was formerly known as Traxion Energy Inc. and changed its name to Anglo Canadian Oil Corp. in April 2010. Anglo Canadian Oil Corp. is headquartered in Calgary, Canada.
Top Railroad Stocks To Own Right Now: KVH Industries Inc.(KVHI)
KVH Industries, Inc. engages in the development, manufacture, and marketing of mobile communication products for the marine, land mobile, and aeronautical markets primarily in North America, Europe, and Asia. The company also offers navigation, guidance, and stabilization products for the defense and commercial markets. Its mobile communications products and airtime services include TracVision; TracPhone; CommBox system, a middleware software; and mini-VSAT broadband airtime, which enable customers to receive voice, Internet, and live digital television services in their marine vessels, recreational vehicles, automobiles, and commercial airplanes through satellite. The company?s guidance and stabilization products consist of precision fiber optic gyro based systems that help stabilize platforms, such as gun turrets, remote weapon stations, and radar units, as well as provides guidance for munitions; and tactical navigation systems that offer access to navigation and point ing information in a range of military vehicles, including tactical trucks and light armored vehicles. Its guidance and stabilization products are used in various commercial applications comprising precision mapping, dynamic surveying, autonomous vehicles, train location control and track geometry measurement systems, industrial robotics, and optical stabilization. The company sells its mobile communications products through an international network of retailers, distributors, and dealers; and guidance and stabilization products directly to the United States and allied governments, and government contractors, as well as through an international network of authorized independent sales representatives. It also leases its products directly to end users. The company was founded in 1978 and is headquartered in Middletown, Rhode Island.
Advisors' Opinion:- [By Seth Jayson]
Calling all cash flows
When you are trying to buy the market's best stocks, it's worth checking up on your companies' free cash flow once a quarter or so, to see whether it bears any relationship to the net income in the headlines. That's what we do with this series. Today, we're checking in on KVH Industries (Nasdaq: KVHI ) , whose recent revenue and earnings are plotted below.
Top Railroad Stocks To Own Right Now: Frank s International NV (FI)
NA
Advisors' Opinion:- [By Jake L'Ecuyer]
Frank's International NV (NYSE: FI) shares tumbled 12.40 percent to $25.86 on Q3 results.
Gol Linhas Aereas Inteligentes (NYSE: GOL) was down, falling 6.31 percent to $4.0850 after the company posted a loss in the third quarter.
Top Railroad Stocks To Own Right Now: (FSM)
Fortuna Silver Mines Inc. engages in the mining and production silver and base metal in Latin America. Its primary assets consist of the Caylloma zinc/lead/silver mine, which is located to the northwest of Arequipa, Peru; and the San Jose silver/gold project that is located south of the city of Oaxaca, Mexico. The company was formerly known as Fortuna Ventures Inc. and changed its name to Fortuna Silver Mines Inc. in June 2005. Fortuna Silver Mines Inc. The company was incorporated in 1990 and is headquartered in Lima, Peru.
Top Railroad Stocks To Own Right Now: Multivision Communications Corp (MTV.V)
Multivision Communications Corp., through its subsidiary, Multivision S.A., operates a wireless cable television business in Bolivia. It provides subscription television services in La Paz, Cochabamba, Santa Cruz, and Tarija cities in Bolivia. The company offers its services using multi-channel, multi-point, and distribution system (MMDS) technology, which serves households without the need to build and maintain coaxial cable networks. The company was founded in 1987 and is headquartered in Vancouver, Canada.
Top Railroad Stocks To Own Right Now: Qualstar Corporation(QBAK)
Qualstar Corporation designs, develops, manufactures, and sells automated magnetic tape libraries used to store, retrieve, and manage electronic data primarily in network computing environments worldwide. Its tape libraries consists of cartridge tape drives, tape cartridges, and robotics to move the cartridges from their storage locations to the tape drives under software control. The tape libraries also provide data storage solutions for organizations requiring backup, recovery, and archival storage of critical electronic information. The company also offers ancillary products related to its tape libraries, such as tape media, tape magazines, cables, bar code labels, and fiber channel adapters. In addition, it designs, develops, and sells switching power supplies that are used to convert alternate current line voltage to direct current voltages for use in electronic equipment, such as telecommunications equipment, servers, routers, switches, lighting, and gaming devices. Qualstar Corporation sells its tape drive products primarily to value added resellers and original equipment manufacturers, as well as switching power supplies primarily to original equipment manufacturers, contract manufacturers, and distributors. The company was founded in 1984 and is headquartered in Simi Valley, California.
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