Are we witnessing the end of the biotech-stock boom? After coming within a hair of hitting a 52-week high on Friday, the iShares Nasdaq Biotechnology Index ETF (IBB) looks set to drop for a third consecutive day, one that would shave some 9% off the ETF this week alone.
Associated PressIs it time to panic? Not according to Bernstein Research’s Geoffrey Porges. He writes:
While this volatility was alarming for many investors, and reminds us of the traditionally high beta of our sector, there are several reasons why we do not expect this sell-off to mark the end of the near two-year rally in the group.
Why is he so confident? For starters the selling has been indiscriminate:
[The] sell-off in recent days was broad based and…affecting stocks in direct relationship to their volatility and expected duration of negative cash flow. Small and mid cap stocks were most affected (especially post-IPO stocks), and those with major uncertain events looming (MDVN) or with significant revenue upside already built into valuation (PCYC) were among the most severely affected. However, nothing changed in the environment to suggest that those events were any more or less likely to have positive outcomes yesterday, or to suggest that revenue potential was any more or less likely to be achieved than was previously expected.
5 Best Sliver Stocks To Buy Right Now: NovaDx Ventures Corp (NDX)
NovaDX Ventures Corp. (Novadx) is a Canada-based mining investment company, engaged in investing in the North American junior resource exploration and mining sector. In January, 2012 a higher capacity auger machine was delivered to the Rosa Mine. During August 2012, the Company sold the small auger and paid off the higher capacity auger machine. On October 16, 2012,the Company announced that it, along with Sandstorm, have entered into a Letter of Intent to acquire certain coal properties and assets located in Campbell and Scott Counties, Tennessee. The Company�� wholly owned subsidiary MCoal Corporation (MCoal) operates the Rosa mine located in Blount Count, Alabama, which produces coal for the metallurgical and activated carbon coal markets. In January 2013, Sandstorm Metals and Energy Ltd together with the Company acquired Mine 12, the Turley Rail Load-Out, and the Smokey Junction Preparation Plant located in Campbell and Scott Counties, Tennessee. Advisors' Opinion:- [By Jim Jubak]
However, in all fairness, shares of Qualcomm have indeed lagged the Nasdaq 100 (NDX) over the past year. But despite that fact, Qualcomm is still currently rated a buy by a large percentage of analysts who continue to follow the stock. As Hendershot points out, perhaps that is because ��ualcomm believes the company can generate double-digit compound average growth for revenues and earnings for, at least, the next five years.��/p>
Hot Mid Cap Companies To Invest In Right Now: Corporate Executive Board Co (CEB)
Corporate Executive Board Company (CEB), incorporated on September 11, 1997, is an advisory company that equips senior executives and their teams with actionable solutions to drive corporate performance. The Company operates in two segments: SHL Group Holdings I and its subsidiaries (SHL) and CEB. The CEB segment includes its membership programs for senior executives and their teams to drive corporate performance by identifying and building on the practices of companies. The SHL segment provides cloud-based solutions for talent assessment and talent mobility, as well as professional services to support those solutions. Personnel Decisions Research Institutes, Inc. (PDRI) is included in the CEB segment. PDRI provides customized personnel assessment tools and services to various agencies of the United States government. In February 2012, it acquired Valtera, Inc. In August 2012, it acquired SHL Group Holdings I. In February 2014, Corporate Executive Board Co acquired Talent Neuron, a provider of market intelligence technology.
The Company delivers its products and services to a global customer base primarily through two relationship models: an annual, fixed-fee subscription for membership programs and engagement-based fees for assessment services, development curriculum, customized analytics reports, and best practice implementation. It spans more than 100 countries, 10,000 individual organizations, and 225,000 business professionals. Its membership programs deliver research and advisory services that align with executive leadership roles and enable members to focus efforts to address emerging and recurring business challenges.
The Company serves executives and professionals in corporate functions at corporate and middle market institutions in more than 100 countries. The corporate functions, which it considers its primary end market includes human resources, finance, legal and compliance, sales and marketing, and technology. It also serves operational leaders in the global f! inancial services industry and United Sates government. For both the financial services industry and the United States government, it delivers a product and service portfolio of practices, operational insights, analytical tools, and peer collaboration designed to drive executive decision making.
The Company helps senior executives and their teams drive corporate performance by equipping them with the actionable insights, analytic tools, and advisory support they need to improve performance. It sells a combination of resources to address business challenges, such as best practices and decision support, talent management and measurement, and management tools and solutions. It helps its members set direction for their team, function, and company by providing performance insights, benchmarks, and best practices. It also provides members with networking opportunities, including through online peer discussion groups, on-request advice, feedback, and other peer interaction at both in-person and virtual events. It helps organizations select, engage, and align their organizational talent against corporate objectives. The Company�� assessment and development solutions help companies identify and manage talent investments. Its talent management and measurement products generally are implemented into pre-hire and post-hire assessments. The offerings include cognitive ability assessments, skills and/or knowledge assessments, personality questionnaires, and job/role simulations.
The Company helps organizations secure performance gains through consulting and technology. It delivers a suite of professional services, including best practice implementation, survey and diagnostic tools, and executive education. It offers targeted survey and diagnostic technology to aid executives in assessing the performance of their functions, processes, and teams. It provides additional implementation support to executives seeking to improve their functional performance. For executives seeking to enhance ski! ll develo! pment for themselves or their staff members, it delivers an executive education curriculum supported by e-learning resources. The curriculum may include skills diagnostic reports, learning portal access, classroom-based development sessions, Webinars, and virtual office hours with faculty.
Advisors' Opinion:- [By Rich Duprey]
Corporate advisory specialist�Corporate Executive Board� (NYSE: CEB ) �announced yesterday�its second-quarter dividend of $0.225 per share, the same rate it paid last quarter after it raised the payout 29% from $0.175 per share.
- [By Seth Jayson]
Corporate Executive Board (NYSE: CEB ) reported earnings on May 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Corporate Executive Board missed slightly on revenues and beat expectations on earnings per share.
Hot Mid Cap Companies To Invest In Right Now: Rallye SA (RAL)
Rallye SA is a France-based holding company organized around two sectors of activity: large scale distribution to the food stores and supermarkets and distribution of sports items. The Company is present in France, Latin America, Poland, and Asia through its interests in brands, such as Geant, Monoprix, Leader Price, and United Grocers Cash & Carry, among others. It also has its interst in the Groupe Go Sport. Rallye SA is notably present in France, the United States, Luxembourg, Poland and Colombia, among others. The Company operates through its subsidiaries and affliated companies, such as Cobivia SAS, L��abitation Moderne de Boulogne, Magasins Jean SAS, Matignon Sablons SAS, MFD SA, Parande SAS, Casino Guichaqrd Perrachon DA, Groupe Go Sport, Sivigral SCI and French Develompent Venture SA. Advisors' Opinion:- [By Holly LaFon]
A risk involved with the company is that its Republic Bank & Trust business derives 78% of its net income from TRS, which offers bank products that help get customers who electronically file their tax returns their payments. RB&T is only of the few financial institutions in the U.S. that provide the service. Under the program, the taxpayer may receive a Refund Anticipation Loan (RAL), which has been questioned by various governmental and consumer groups. In May 2011, RB&T received an order to cease and desist which could result in an order by the FDIC to terminate its RAL program. It has a hearing on Feb. 12, 2012 in Kentucky regarding the matter.
Hot Mid Cap Companies To Invest In Right Now: KAR Auction Services Inc (KAR)
KAR Auction Services, Inc., together with its subsidiaries, provides vehicle auction services in North America. It operates in three segments: ADESA Auctions, IAA, and AFC. The ADESA Auctions segment offers whole car auctions and related services to the vehicle remarketing industry through online auctions and auction facilities. This segment also provides value-added services, such as auction related, transportation, reconditioning, inspection, title and repossession administration and remarketing, and analytical services. The ADESA Auctions segment sells its products and services through commercial fleet operators, financial institutions, rental car companies, new and used vehicle dealers, and vehicle manufacturers and their captive finance companies to franchise and independent used vehicle dealers. The IAA segment offers salvage vehicle auctions and related services that facilitate the remarketing of damaged or low value vehicles designated as total losses by insurance companies and charity donation vehicles, as well as recovered stolen vehicles. This segment also provides inbound transportation, titling, salvage recovery, and claims settlement administrative services. The AFC segment offers floorplan financing, a short-term inventory-secured financing, to independent used vehicle dealers. As of December 31, 2012, the company had a network of 67 whole car auction and 163 salvage auction locations, as well as serviced auctions through 104 locations. The company was formerly known as KAR Holdings, Inc. and changed its name to KAR Auction Services, Inc. in November 2009. KAR Auction Services, Inc. was founded in 2006 and is headquartered in Carmel, Indiana.
Advisors' Opinion:- [By Marc Bastow]
Vehicle auction services company KAR (KAR) raised its quarterly dividend 31% to 25 cents per share, payable on Jan. 3 to shareholders of record as of Dec. 20.
KAR Dividend Yield: 3.53%
- [By Geoff Gannon] ore explicit in detailing the competitive position of Copart and Insurance Auto Auctions. It even gave market share data.
This is common. Often one company will choose not to give names or put percentages on certain competitive facts. The other company will do so. And even when that is not the case, the two companies will often make statements that ��when taking together ��can give you rough indications of certain realities that neither company entirely intended to provide.
The same is true for certain suppliers and customers. Although this is complicated by size. Very large customers of small companies are not good sources of information. But smaller companies often provide better insights into the larger suppliers, customers, etc., they deal with. That's because ��due to their small size ��more information is material and is explained in detail.
I have found situations where one company simply says who the customer is that they are supplying. While the other company explains what product that supply goes into, the purchase amount, whether it is an exclusive arrangement, etc.
So it is always important to ��at a minimum ��read the 10-Ks, 14As, and (where available) S-1s of every public company in the industry. This will give you a lot of insight into the competitive situation. Sometimes it is helpful to also look at customers and suppliers. However, this is not true of very large customers and suppliers because they will not discuss the specific area you are interested in.
For example, Honeywell is a large customer of George Risk. It would do me no good to study Honeywell to learn about George Risk. Honeywell is a huge company. What they buy from George Risk is irrelevant to their shareholders. So they do not discuss it.
An exception to this is where the product sold is going into a huge "generational" type project. Examples include defense, aerospace, video game consoles, operating systems, etc. This can be very hel
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