Larry Schutts
- http://www.stockwinners.com
Larry Schutts, a former university professor, is vice president of Stockwinners.com and a contributing editor for Theflyonthewall.com. Larry looks for stocks with technical and fundamental characteristics indicating gains in the next 30 days. However, price movements may be volatile. He includes a stop-loss price in each post. Consider selling a position should the stop-loss be violated.
Posted Sep 18th 2008 8:42AM by Larry Schutts
Filed under: Earnings reports, Analyst upgrades and downgrades, Target Corp. (TGT), Kohl's Corp (KSS), Technical Analysis, Stocks to Buy
Ross Stores (NASDAQ: ROST) is
a leading U.S. off-price retailer of name brand apparel, accessories, footwear and home fashions. The firm operates 888 Ross Dress for Less stores and 55 dd's Discounts locations, in 27 states and Guam. Target (NYSE: TGT) and Kohl's (NYSE: KSS) are major competitors.
The company pleased investors late last month, when it reported Q2 EPS of 54 cents and revenues of $1.64 billion. Analysts had been expecting 54 cents and $1.61 billion. Management also guided Q3 EPS to 42-44 cents (43 cent consensus) and Q4 EPS to 78-81 cents (80 cent consensus). CL King subsequently reiterated its "strong buy" rating on the shares and the firm was able to report August same store sales that topped the Wall Street view.
Continue reading Ross Stores (ROST): Shares cycle through positive trading channel
Posted Sep 17th 2008 3:00PM by Larry Schutts
Filed under: Earnings reports, Analyst upgrades and downgrades, Electronic Arts (ERTS), Technical Analysis, Stocks to Buy
Shanda Interactive Entertainment (NASDAQ: SNDA) is
a leading interactive entertainment media company in China. The firm offers a diversified content portfolio, including massively multi-player online role-playing games, online board games, network PC games, cartoons, works of literature and music. Shanda's interactive platform attracts a loyal base of users, who pay access subscription fees. Electronic Arts (NASDAQ: ERTS) is a major competitor.
The company pleased investors earlier in the month, when it reported fiscal Q2 EPS of 56 cents and revenues of $122.1 million. Analysts had been looking for 51 cents and $115.3 million. Revenues from massively multiplayer online role-playing games increased 47.0% year-over-year and 8.5% quarter-over-quarter, to a record high of $101.3 million. Oppenheimer subsequently upgraded the stock to "outperform" and Brean Murray reiterated its "buy" rating.
Continue reading Shanda Interactive Entertainment (SNDA): Shares advance in positive trading channel
Posted Sep 16th 2008 11:43AM by Larry Schutts
Filed under: Earnings reports, Analyst upgrades and downgrades, Technical Analysis, Stocks to Buy
K12 Inc. (NYSE: LRN) offers
proprietary curriculum, software, and educational services for online delivery to students in kindergarten through 12th grade. Products include online public schools and individualized supplemental programs offered through traditional public schools. The firm also operates the K12 International Academy, a diploma-granting online private school. Courses cover core subjects, such as English, math, science, history and art. K12 serves more than 40,000 students.
The company pleased investors last week, when it reported a fiscal Q4 loss of a penny per share and revenues of $56.5 million. Analysts had been looking for a five cent per share deficit and sales of $47.8 million. Management also said it expected enrollment growth to drive FY09 revenues past $300 million ($283.12M consensus). Argus subsequently reiterated its "buy" rating on the shares and boosted its price target to $33.
Continue reading K12 Inc. (LRN): Shares define bullish 'pennant' consolidation
Posted Sep 15th 2008 11:11AM by Larry Schutts
Filed under: Earnings reports, Ford Motor (F), Lockheed Martin (LMT), Technical Analysis, Delta Air Lines (DAL), Stocks to Buy
AeroVironment (NASDAQ: AVAV) is
engaged in the design, development, and production of unmanned aircraft systems (UAS) and electric energy technologies for various industries and governmental agencies. The company's small aircraft are used by U.S. Department of Defense customers to deliver real-time reconnaissance, surveillance, and target acquisition to tactical operating units. Its electrical products include recharge systems for industrial vehicle batteries and power processing test equipment. Ford Motor (NYSE: F) and Delta Air Lines (NYSE: DAL) are on the company's commercial customer list. Lockheed Martin (NYSE: LMT) is a major competitor.
The firm pleased investors last week, when it reported fiscal Q1 EPS of 22 cents and revenues of $53.6 million. Analysts had been expecting 18 cents and $49.9 million. Management also maintained its FY09 guidance for year over year revenue growth of 20%-25%, with an operating income margin of 12%-14%. The CEO noted, "Winning the All Environment Capable Variant competition with our Puma AE earned us the fourth Department of Defense program of record for small UAS."
Continue reading AeroVironment (AVAV): Stock price defines bullish 'flag' pattern
Posted Sep 12th 2008 10:40AM by Larry Schutts
Filed under: Earnings reports, Technical Analysis, Stocks to Buy
Ulta Salon, Cosmetics & Fragrance (NASDAQ: ULTA) sells
cosmetics, fragrances, haircare products, skincare products and related accessories through a chain of 283 specialty retail shops in 34 states. The stores also feature hair salon services, manicures, pedicures, massages, and other beauty and spa treatments. A company website offers over 21,000 prestige and mass beauty products. Macy's (NYSE: M) is a major competitor.
The firm pleased investors last week, when it reported Q2 EPS of six cents, a penny above the average Wall Street estimate. Revenues rose 24.3% (yr/yr) to $249.1 million. The CEO attributed success to the company's proven marketing strategy and the resilience of the beauty retailing category. Management also guided Q3 EPS to 8-10 cents (10 cent consensus), Q3 revenues to $259-$263 million ($258.80M consensus), FY09 EPS to 52-57 cents (54 cent consensus) and FY09 revenues to $1.12-$1.13 billion ($1.13B consensus).
Continue reading Ulta Salon, Cosmetics & Fragrance (ULTA): Price defines bullish 'pennant' pattern
Posted Sep 11th 2008 12:15PM by Larry Schutts
Filed under: Earnings reports, AutoNation Inc (AN), Technical Analysis, Stocks to Buy
America's Car-Mart (NASDAQ: CRMT) operates
91 automotive dealerships, located primarily in the smaller urban markets of eight South-Central states. The dealerships focus on selling and providing the financing for basic, affordable cars, trucks and sport utility vehicles. Competitors include AutoNation (NYSE: AN) and CarMax (NYSE: KMX).
The company pleased investors last week, when it reported fiscal Q1 EPS of 45 cents and revenues of $75.7 million. Analysts had been looking for 38 cents and $73.8 million. The CEO expressed confidence in the firm's ability to maintain a positive sales trend, noting that Q1 retail unit sales had increased 25.8% (yr/yr) and Q1 same store revenues had risen 28.5% (yr/yr).
Continue reading America's Car-Mart (CRMT): Shares cycle in bullish 'pennant'
Posted Sep 10th 2008 10:30AM by Larry Schutts
Filed under: Earnings reports, Wal-Mart (WMT), Technical Analysis, Stocks to Buy
Zale Corporation (NYSE: ZLC) is
a specialty retailer of fine jewelry, operating over 2,100 retail locations throughout the United States, Canada and Puerto Rico. Company brands include Zales Jewelers, Zales Outlet, Gordon's Jewelers, Peoples Jewellers, Mappins Jewellers and Piercing Pagoda. The firm also operates Zales and Gordon's websites. Wal-Mart (NYSE: WMT) is a major competitor.
The firm surprised investors late last month, when it reported a Q4 loss of 48 cents and revenues of $456.2 million. Analysts had been looking for a loss of 57 cents and $448.9 million. There was a 6.1% year over year increase in Q4 comparable store sales. Management also guided FY09 EPS to $1.10-$1.25, versus Street consensus of 90 cents. The CEO spoke of implementing programs designed to simplify product assortment and eliminate organizational redundancies.
Continue reading Zale Corporation (ZLC): Shares define bullish 'pennant' formation
Posted Sep 9th 2008 11:40AM by Larry Schutts
Filed under: Good news, Agilent Technologies (A), Corning Inc (GLW), Technical Analysis, Stocks to Buy
Newport Corporation (NASDAQ: NEWP) manufactures
a variety of high technology systems and components used in the aerospace, fiber-optic communications, health care, and semiconductor manufacturing industries. These include lasers and amplifiers, photonics instruments, precision micro-positioning systems, vibration isolation systems, optical hardware and opto-mechanical subassemblies. The firm also offers automated systems for manufacturing disk drives, photovoltaic cells and multi-chip modules. Agilent Technologies (NYSE: A) and Corning (NYSE: GLW) are major competitors.
The firm pleased investors last week, when it announced workforce reduction, outsourcing and administrative streamlining actions designed to improve financial performance. Management also guided Q3 revenues to $106-$112 million ($109.7M consensus), Q4 EPS to 15-25 cents (13 cent consensus) and Q4 revenues to $115-$125 million ($121.3M consensus).
Continue reading Newport Corporation (NEWP): Price defines bullish 'pennant' pattern
Posted Sep 8th 2008 11:20AM by Larry Schutts
Filed under: Good news, BP p.l.c. ADS (BP), Technical Analysis, Stocks to Buy
NuStar Energy L.P. (NYSE: NS) is
a publicly traded limited partnership, based in San Antonio, operating 9,063 miles of pipeline, 85 terminal facilities, four crude oil storage tank facilities and two asphalt refineries. The terminals offer pilotage, tug assistance and other ship services. The firm is one of the largest asphalt refiners and independent liquids terminal operators in the United States. It also operates facilities in the Netherlands Antilles, Canada, Mexico, the Netherlands and the United Kingdom. BP plc (NYSE: BP) is a major competitor
NuStar pleased investors late last month, when it announced that strong asphalt revenues were expected to generate Q3 earnings of at least $2.25 per share. The Street was looking for $1.55. The CEO noted that tight supply conditions were resulting in a significant increase in the margins for asphalt and intermediate products.
Continue reading NuStar Energy (NS): Shares form a bullish 'flag' pattern
Posted Sep 5th 2008 11:40AM by Larry Schutts
Filed under: Earnings reports, Analyst upgrades and downgrades, Technical Analysis, Stocks to Buy
Dollar Financial Corporation (NASDAQ: DLLR) operates
over 1,450 financially-oriented service stores in the U.S., Canada, Ireland and the U.K. Its customers are typically low to moderate income service sector earners, who don't use, or have access to banks. Services include check cashing, short-term consumer loans, money order/transfer products, reloadable debit cards, electronic tax filing, bill payment services and legal document processing. The company does business under the names Money Mart, Loan Mart, Insta-Cheques and Money Shop.
Dollar Financial pleased investors last week, when it reported fiscal Q4 EPS of 59 cents and revenues of $150.3 million. Analysts had been looking for 58 cents and $136.3 million. The CEO noted that fiscal 2008 brought record annual revenues and a record net income. Management also guided FY09 revenues to $595-$625 million, versus Street consensus of $586.28 million. JMP Securities subsequently reiterated its "market outperform" rating on the stock. Jefferies and Roth Capital reiterated their "buys".
Continue reading Dollar Financial (DLLR): Price cycling in bullish 'flag' consolidation
Posted Sep 4th 2008 10:48AM by Larry Schutts
Filed under: Earnings reports, Boeing Co (BA), Technical Analysis, Eaton Corp (ETN), Stocks to Buy
Esterline Technologies (NYSE: ESL) is
engaged in the design, manufacture, and marketing of engineered products and systems for applications in the aerospace and defense industries. The Avionics & Controls unit makes communications systems, medical equipment, and interface systems for aircraft and military vehicles. The Sensors & Systems operation manufactures temperature and pressure sensors, as well as fluid and motion control products. The Advanced Materials segment makes elastomer products, combustible ammunition components and electronic warfare countermeasures. Boeing (NYSE: BA) is a major customer. Eaton Corporation (NYSE: ETN) is a competitor.
The company surprised investors last week, when it reported Q3 EPS of 68 cents and revenues of $382.1 million. The Street had been expecting 64 cents and $374.6 million. Backlog at the end of the quarter was up 11.1% (yr/yr) to $1.06 billion. The CEO attributed success to robust aftermarket activity in both the commercial aerospace and defense markets. Management also guided FY08 EPS to $3.50-$3.60, versus consensus of $3.58.
Continue reading Esterline Technologies (ESL): Shares cycle in bullish 'flag'
Posted Sep 3rd 2008 11:15AM by Larry Schutts
Filed under: Earnings reports, Analyst upgrades and downgrades, Tiffany and Co (TIF), Technical Analysis, Stocks to Buy
Tiffany & Co. (NYSE: TIF) is
engaged in the design, manufacture, and retailing of fine jewelry, timepieces, sterling silverware, china, crystal, stationery, fragrances and personal accessories. The firm sells its goods exclusively through some 150 stores worldwide, a Web site and catalogs.
The company pleased investors last week, when it reported Q2 EPS of 63 cents and revenues of $732.4 million. Analysts had been expecting 55 cents and $720.6 million. Management also guided FY09 EPS to $2.82-$2.92 ($2.83 consensus). The CEO noted, "Our continued expansion throughout Asia and Europe should contribute to increasingly consistent and resilient long-term earnings growth." Lehman Brothers subsequently reiterated its "overweight" rating on the issue.
Continue reading Tiffany (TIF): Shares form bullish 'flag'
Posted Sep 2nd 2008 10:30AM by Larry Schutts
Filed under: Earnings reports, Technical Analysis, Stocks to Buy, Xcel Energy (XEL)
Alliant Energy Corporation (NYSE: LNT) is a
Midwestern U.S. energy utility, serving approximately one million electric and 400,000 natural gas customers through regulated subsidiaries Interstate Power and Light and Wisconsin Power and Light. Nonregulated operations include rail and marine transportation services, independent power production and real estate. Alliant also provides engineering, consulting, and management services. Xcel Energy (NYSE: XEL) is a major competitor.
The company pleased investors last month, when it reported Q2 EPS of 47 cents and revenues of $827.4 million. Analysts had been looking for 39 cents and $770 million. The CEO noted that Alliant had secured 500 megawatts of wind turbine generators during the quarter, expecting wind to play an integral part in meeting future customer needs. Management also guided FY08 EPS to $2.60-$2.80, versus Street consensus of $2.57.
Continue reading Alliant Energy (LNT): Price defines bullish 'pennant'
Posted Aug 29th 2008 12:02PM by Larry Schutts
Filed under: Earnings reports, ConAgra Foods (CAG), Procter and Gamble (PG), Technical Analysis, Stocks to Buy
The J. M. Smucker Company (NYSE: SJM) is
a leading North American maker of fruit spreads, peanut butter, shortening and oils, ice cream toppings, sweetened condensed milk, and health and natural foods beverages. Company brand names include Smucker's, Jif, Crisco, Eagle Brand, Hungry Jack, Laura Scudder and Robin Hood. The firm also markets Pillsbury, Pillsbury Doughboy, Carnation, Borden, and Elsie brand products under license. ConAgra Foods (NYSE: CAG) is a major competitor.
Smucker pleased investors earlier in the month, when it reported fiscal Q1 EPS of 82 cents and revenues of $663.7 million. Analysts had been looking for 77 cents and $647.2 million. Management also guided FY09 EPS to $3.45-$3.50 ($3.44 consensus) and FY09 revenues to $3.8-$4.0 billion ($3.86B consensus). The outlook figures take into account the previously announced purchase of Procter & Gamble's (NYSE: PG) Folgers coffee business.
Continue reading J. M. Smucker Company (SJM): Price defines bullish 'flag' consolidation
Posted Aug 28th 2008 10:10AM by Larry Schutts
Filed under: Good news, Technical Analysis, VeriFone Holdings (PAY), Stocks to Buy
VeriFone Holdings (NYSE: PAY) makes
and services transaction automation systems that enable electronic payments between consumers, merchants and financial institutions. Products include point-of-sale software and terminals, smart card/check readers, receipt printers and Internet commerce software. The firm also makes gas station electronic payment systems that combine card processing and fuel dispensing. Further, it offers a range of client services and customized application development. About 60% of the firm's revenues are generated from customers outside the U.S.
The company pleased the Street last week, when it appointed an interim CFO to replace an officer who resigned following a probe into company accounting errors. VeriFone corrected its books the same day, by deleting $70 million in previously reported fiscal 2007 profits. Management also issued a favorable forecast, guiding Q308 EPS to 34-35 cents (28 cent consensus), Q3 revenues to $256-$258 million ($248.3M consensus), Q408 EPS to 36-39 cents (30 cent consensus), Q4 revenues to $260-$268 million ($255.2M consensus) and FY09 EPS to $1.35-$1.55 ($1.14 consensus). The CEO pointed out that the firm was seeing excellent growth internationally, particularly in emerging markets.
Continue reading VeriFone Holdings (PAY): Shares form bullish 'pennant'
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