Seeking Alpha
  • Abbott To Develop Portable Blood Tests For Concussions
    ABT Today, 9:22 AM Andy Batts Comment!

    Summary

    • Abbott joined forces with the United States Department of Defense for developing portable blood tests for concussions.
    • The tests will help Abbott generate significant revenues not only from the military personnel, but also from civilian people in general.
    • Abbott's stock is relatively undervalued compared to its peers and could have significant upside.
  • ZBB Energy: Attractive Relative Valuation, Strong Demand Tailwind And Multiple Near-Term Catalysts
    ZBB Today, 9:16 AM John Leonard, CFA Comment!

    Summary

    • Stocks in the energy storage industry rose exponentially earlier this year as investors got over their skis in terms of pricing in growth.
    • However, expectations have come down too far, which provides underpriced optionality given the near term catalysts and longer term constructive growth outlook.
    • Strategic partnerships provide entry into large international markets and much needed cash flow as well as eliminate significant capex requirements.
    • The strong balance sheet and lower cash burn rate reduces the chance of another secondary offering in the near term.
    • There is strong federal support for the industry as evident by the recent $4 billion in loan guarantees provided by the Department of Energy for renewable energy projects.
  • Tracking Small-Cap Super Investor Bares Capital Management - Q2 2014
    ATU, CEB, CFX Today, 9:15 AM Unconventional Capital Wisdom Comment!

    Summary

    • Tracking small-cap super investors might be more worthwhile for smaller investors than tracking large-cap super investors.
    • Bares Capital has been graduating to larger small-cap equities.
    • The firm's reduction of small and micro-caps is likely due to both the graduation and also due to the Nine Ten Partners LP transfer.
  • London, Calling For Blackstone, As Private Equity Soars In 2014
    BX Today, 9:13 AM Don Dion Comment!

    Summary

    • Increased confidence in U.K. housing has prompted Blackstone, along with TPG Capital Management, to make a bid for Investec’s London-based mortgage business, Kensington Group.
    • Blackstone's stock still shows room to appreciate, following news of the deal.
    • Blackstone's 4.2% forward annual dividend rate and 12.6 P/E, compared to an industry peer average of 18.1, makes it appealing to many investors.
    • With strong historical and current earnings results, and bullish analyst ratings, we are ever-more positive on BX, moving forward in 2014.
  • Don't Be Left Holding The Bag: A Kate Spade, Michael Kors Pair Trade
    KATE, KORS Today, 9:11 AM Daniel Weidelich Comment!

    Summary

    • Women's fashion is a fickle business (this is a good thing for those that seek to understand the ebb and flow of art/style and more relevantly FOMO/envy culture).
    • Last year, Coach traded at a >100% premium to Michael Kors -- since that time, KORS has usurped dominance in the eyes of the market.
    • ... now trading at a remarkable >60% premium to Coach.
    • I am now recommending a long Kate Spade -- short KORS pair trade until the market cap differential converges, at least from a 4:1 to 2:1 ratio.
    • ... a 100% upside in KATE; 50% downside in KORS -- or until KORS buys KATE.
  • What It Really Costs To Mine Gold: The Iamgold Second Quarter Edition
    IAG Today, 9:01 AM Hebba Investments Comment!

    Summary

    • Iamgold’s costs on both a core and a core non-tax basis have continued to fall on a sequential basis.
    • Iamgold's core non-tax costs though are still elevated compared to FY2012 and FY2013 which tells us taxes are higher on a per dollar basis.
    • The company's debt load is something for investors to monitor as liquidity is sufficient for the next 1-2 years but it is high relative to market capitalization.
    • Westwood production is forecast to increase significantly in the second half of the year and this may significantly reduce costs and surprise investors.
  • Tesla Rated Ripe: Too Scared To Touch It
    TSLA Today, 8:56 AM Orange Peel Investments 4 Comments

    Summary

    • Tesla, as a stock, has never seen a long-term downtrend.
    • It's going to happen at some point, but the question is when?
    • With the market robustly valued and Tesla pushing all-time highs, we can't force ourselves to buy it.
  • 500.com: Substantial Upside On Strong Growth
    WBAI Today, 8:53 AM ONeil Trader Comment!

    Summary

    • 500.com is growing fast as the company takes advantage of the soccer World Cup.
    • User retention and China Mobile deal should additionally boost growth in the following quarters.
    • Reward/risk ratio has shifted significantly to the long side.
  • A.O. Smith: Heating It Up
    Editors' Pick AOS Today, 8:51 AM Rochelle Jenks Comment!

    Summary

    • A.O. Smith is a world leading manufacturer of water heating products. But, is it heating up more than water?
    • In its 140th year of operation, A.O. Smith has its operating and growth strategies well developed.
    • In late 2012, A.O. Smith defined aspirations for 2015. Yet, update after update after update has followed.
  • United Insurance Holdings. Insider Buying Alert - Why Earnings Will Double.
    UIHC Today, 8:49 AM Far Horizon Comment!

    Summary

    • SEC filings show significant insider purchases at this Insurance company in the last six months.
    • The company currently has a low valuation, and strong revenue and earnings growth.
    • As a Florida based homeowners insurer, its profile differs from other P&C players. It uses Reinsurance conservatively to reduce its risk, at a cost that is multiples of its earnings.
    • The cost of reinsurance, especially in Florida, is dramatically reducing year on year – this alone could increase earnings by 75% in FY 2014.
    • Underlying growth will do the rest.
  • Griffon: Peers' Valuations Imply A 40% Upside Potential
    GFF Today, 8:48 AM Gordon Tam, CFA Comment!

    Summary

    • With anticipated $2 billion sales and 10%-plus EBITDA margins, GFF can generate more than $200 million adjusted EBITDA. If GFF trades at peers' 9x EV/EBITDA, GFF has 40% upside potential.
    • Strong businesses: AMES is a valuable brand; Clopay Plastic Products group has favorable prospects; Telephonics group should bound back from its trough soon.
    • With self-help initiatives, such as the restructuring program, GFF has already been capable of delivering healthy growth in EBITDA in 2014.
    • Insiders and well-known investment funds own significant shares in GFF.
  • Apple: 4 Potential Takeover Targets
    AAPL Today, 8:43 AM Bill Maurer 2 Comments

    Summary

    • Apple has a lot of cash and financial flexibility.
    • Other than capital returns, acquisitions do make sense.
    • Today, I'll propose a few takeover targets.
  • Synchrony Financial Soaring As Investors Anticipate 'Buy' Ratings
    SYF Today, 8:23 AM Anthony Ruben Comment!

    Summary

    • SYF is up almost 9% in the last two days.
    • Expect analyst reports as early as next week.
    • GE, which still owns 80%+ of SYF benefits from SYF's price appreciation.
  • Continental Resources' Catalyst: Continued Production Growth
    CLR Today, 8:17 AM Detroit Bear Comment!

    Summary

    • Shares of CLR have struggled due to declining oil prices globally.
    • CLR's 2nd quarter was decent.
    • The main catalyst for CLR at this point is continued strong performance.
    • However, higher oil prices or a lifting of the export ban could send shares higher quickly.
  • Molycorp: Sans Oaktree Financing, Q1 2015 Bankruptcy Likely
    MCP Today, 8:14 AM Shock Exchange 2 Comments

    Summary

    • Molycorp's $400 million Oaktree financing overshadowed dismal Q2 financial results.
    • Excluding a $13 million legal settlement, Q2 cash burn would have been $93 million.
    • Q2 results make previous estimates of bankruptcy appear more prescient.
    • The market is telling us that even with the Oaktree financing, Molycorp is still not out of the woods.
  • Yahoo's China Strategy Is Paying Off
    YHOO Today, 7:58 AM Don Dion Comment!

    Summary

    • Yahoo!'s early China strategy reveals impressive growth in a new and challenging business environment.
    • Yahoo!'s stake in Chinese e-commerce giant Alibaba could pay off soon in a variety of ways, including making Yahoo! more attractive to a potential buyer.
    • While Yahoo's Q2 results disappointed from several angles, the new influx of cash from selling its Alibaba stake could allow the company more power and flexibility to grow in Q3.
    • We suggest shareholders hold positions through the IPO, as the future could be bright for the nimble firm.
  • Update: Lumina Copper Shareholders Agreed To Be Acquired By First Quantum Minerals
    LCPRF Today, 7:39 AM The Investment Doctor Comment!

    Summary

    • Shareholders overwhelmingly approve the offer made by First Quantum Minerals.
    • As I thought the offer to be very fair, one can't say this is a surprising outcome of the shareholder meeting.
    • If shareholders chose for the partial cash/partial shares possibility, it would make sense to hold the First Quantum shares because of the lower risk profile.
  • NQ Mobile: It Can't All Be A Scam, Can It?
    NQ Today, 7:22 AM Jason Ditz 22 Comments

    Summary

    • Google Play alone confirms 10-50 million downloads of multiple NQ applications.
    • NQ's foray into insurance bundling could be a big addition to the bottom line.
    • Bison Capital offer appears to be an attempt to acquire NQ for a shockingly cheap price.
  • Why Activision Blizzard Stock Is A Good Investment Right Now
    ATVI Today, 7:22 AM Arie Goren 2 Comments

    Summary

    • Activision will benefit from the launch of three of the most anticipated titles before the holiday shopping season.
    • ATVI's stock still has plenty of room to move up.
    • Activision has very good valuation metrics and strong earnings growth prospects.
  • Hewlett-Packard Valued Like It's Going Out Of Business
    HPQ Today, 7:05 AM Josh Arnold 1 Comment

    Summary

    • HPQ reported an underwhelming quarter yesterday with several segments showing revenue declines.
    • Shares are trading for 7 times FCF and 9 times forward earnings.
    • HPQ is being priced like it is dying off when that isn't the case, offering upside potential.
  • Update: Is Another Acquisition In The Works For Stratasys?
    SSYS Today, 6:55 AM Str8 Thinking 2 Comments

    Summary

    • Stratasys reported strong earnings, beating expectations, and strong balance sheet with over $570 million in cash and equivalents.
    • Managerial statements during the subsequent earnings conference call hinted again at more acquisitions/investments, particularly into its new service bureau assets.
    • When drilled during the analyst Q&A regarding synergy with the new acquisitions, management, for the most part, beat around the bush.
    • My past investment thesis that ZMSPF appears to be a likely acquisition for SSYS seems more validated following the recent earnings report and conference call.
  • Taipan Resources - 'Surrounded By Success'
    TAIPF Today, 6:41 AM The Oil Man 2 Comments

    Summary

    • Fourth largest acreage holder onshore Kenya (6.8 million acres/ 27,712 square kilometers) with 2,308 mmboe gross un-risked prospective resources.
    • 2 fully funded drills on desirable acreages in Kenya partnered by Afren Plc., Premier Oil & Tower Resources plc.
    • Management team with an abundance of experience with a track record of repeated exploration success, having discovered over 3.75 bboe in frontier regions.
    • Low market cap (approx. US$36 million) compared with assets: Risked Net Present Value Price of $2.18 or 6.4 times the current share price.
    • Africa Oil Corp.’s (TSX:AOI) recent Oil & Gas 1 TCF discovery at Sala-1 65km from Taipan’s Block 2B Badada-1 prospect bolstering Taipan’s allure (1.88TCFG approx. 324mmboe found at nearby Bogal).
  • Cramer's Lightning Round - Buy, Buy, Buy Best Buy (8/20/14)
    VALE, BBY, PII Today, 6:38 AM SA Editor Miriam Metzinger Comment!
  • Tracking George Soros' Portfolio - Q2 2014 Update
    AAL, AAPL, ABX Today, 6:35 AM John Vincent 1 Comment

    Summary

    • Soros's 13F portfolio increased this quarter from $10.12B to $13.27B. The number of positions increased from 305 to 363.
    • The SPY PUTS were increased by six times this quarter, and the short bet is at 16.65% of the 13F portfolio.
    • YPF SA is the largest equity long position, at 3.39%. The large 5.38% Teva position as of last quarter was reduced by 30% this quarter.
  • Cramer's Mad Money - Look To Union Pacific (8/20/14)
    UNP, TGT, HD Today, 6:28 AM SA Editor Miriam Metzinger Comment!
  • One Way Or Another, Change Is Coming To Darden Restaurants
    DRI Today, 6:26 AM Asean Century Comment!

    Summary

    • Starboard Value has a good chance of winning control of Darden's board at the September 30 annual meeting.
    • If they win, they will most likely break-up the company and boost shareholder value.
    • Even if they don't get control, they'll have at least three board seats and there will be a new CEO in place by December 31.
  • Air Lease: A Disciplined Growth Company Even The Auburn Tigers Might Love
    AL Today, 6:00 AM Heather Williams 1 Comment

    Summary

    • Air Lease has the largest order book and the lowest costs of capital in the aircraft leasing space.
    • Air Lease has a controlled growth strategy and demonstrated ability to negotiate its contracts.
    • Current valuations may not fully reflect Air Lease's value.
  • Petrobras Would Make The Most Of Brazil's Escalating Natural Gas Demand
    PBR Today, 5:37 AM Khuldune Shahid 2 Comments

    Summary

    • PBR has extended its agreement with Bolivian state-owned firm YPFB, which would continue to supply natural gas to a thermoelectric power plant in Brazil.
    • With Brazil’s southeast traversing its worst drought in nearly half a century, the role of PBR becomes extremely prominent.
    • Growth in hydrocarbon production coupled with the national grid’s increasing electricity demand, provide the Brazilian oil and gas giant the ideal opportunity to bolster its revenue numbers.
  • El Pollo Loco: PE 'Bust-Out', 20+ Years Of Failed Domestic Expansion, Pre-IPO Window Dressing Make An Ideal Short
    PRO Top Idea LOCO Today, 5:00 AM Suhail Capital 16 Comments

    Summary

    • More like a ‘Pollos Hermanos’ than the Chipotle media comparison it is currently getting.
    • 20+ years of failed domestic expansion track record.
    • Two-year comp momentum is largely average check growth driven, and thus should be heavily discounted.
    • Existing equity holders will be very motivated sellers at lockup expiry.
    • There should be ZERO bid for this stock anywhere north of $20.
  • The Macro Environment Can't Get Any Better For Union Pacific
    UNP Today, 4:36 AM Balanced Investing 1 Comment

    Summary

    • Union Pacific’s previous quarter reported revenues hitting a record figure as demand persisted. Cost management brought a 21% increase to earnings.
    • The macro environment is favorable for all of Union Pacific’s segments.
    • This complements the expansion phase the company is going through.
  • Update: Echelon Acquires Lumewave, A Smart Street Lighting Control Provider
    ELON Today, 4:29 AM Martin Vlcek Comment!

    Summary

    • Echelon announced acquisition of Lumewave, Inc. Terms of the transaction were not disclosed. Lumewave’s current sales were not disclosed either but they will definitely not be material to ELON.
    • While my thesis didn’t anticipate an acquisition, Lumewave’s acquisition tries to revive Echelon’s falling sales in the Internet of Things segment where future growth lies.
    • I confirm my thesis that investors should wait for a clear signal that the sales and margins stopped deteriorating before buying ELON.
  • Honeywell International: Should You Buy It?
    HON Today, 4:21 AM Balanced Investing Comment!

    Summary

    • Despite a 4% growth in the Industrial Production, Honeywell was able to rake in revenues of $9.7 billion representing an increase of 6%.
    • The company is also working on streamlining its business and becoming more centered on “Great Positions in Good Industries”.
    • It plans to combine its Transport Systems business with Aerospace in order to exploit the benefits of engineering and technology similarities and the shared business mechanisms.
    • The amalgamation is anticipated to elevate the segment’s 2014 margin to 19.5% from 18.2% in the prior year.
    • The stock represents an upside potential of approximately 50% and offers a dividend yield of 1.89%.
  • HP's Q3 Shows PC Recovery Still Going Strong, Confirms Intel Is A Buy
    INTC Today, 4:16 AM R.S. Analytics 2 Comments

    Summary

    • Hewlett-Packard reported year-over-year increases in PC revenues and shipments.
    • A recovering PC market allows Intel's PC division to subsidize its relentless quest to build mobile market share while still sporting a 64.5% overall gross margin.
    • Intel is perfectly positioned with the 14nm Broadwell release as PC sales recover - look for upward earnings revisions in Q3 and/or Q4.
  • Ballard: Strong Upside Potential On Upbeat Prospects
    BLDP Today, 3:58 AM Price Invest 1 Comment

    Summary

    • Ballard shares already up 160% year-to-date.
    • Fuel cell industry has massive potential.
    • Solid fundamentals make Ballard a buy.
  • Veeco: H2 Momentum Likely To Improve On New Tool Shipment
    VECO Today, 3:48 AM AtonRa Partners Comment!

    Summary

    • Order weakness in recent quarters has been mainly due to customers waiting for Veeco (and Aixtron) to ship new tools in H2.
    • In view of strong utilization rates in the LED industry, we are convinced that pent-up demand has been building in recent quarters and that orders will pick up soon.
    • The bar is set low for upcoming earnings releases, offering a very attractive risk / reward.
  • 3D Systems: Is M&A Still An Argument For The Bulls?
    DDD Today, 3:42 AM AtonRa Partners 3 Comments

    Summary

    • We review in this article the recent takeover speculation.
    • And the group’s acquisition policy.
    • In our view, M&A is not an attractive exit opportunity for shareholders.
  • You Would Have To Shoot Me To Buy Sturm, Ruger & Co At Today's Price
    RGR Today, 3:42 AM Gordon Kwok 2 Comments

    Summary

    • Insider activity in the past two years is extremely bearish given the unprecedented rise in stock price over the past five years.
    • Recent statement about the expansion of stock buyback program implies that the intrinsic value is far below current price.
    • Demand, and therefore, stock's valuation are extremely volatile due to the people's sensitivity to potential banning of guns and elimination of 2nd Amendment rights.
    • Lack of economic moat and increase in new entrants and industry capacity will drive down profit margins in the long run.
  • Book Your Profit With Expedia
    EXPE Today, 2:58 AM InvestAlike Comment!

    Summary

    • Expedia’s latest quarter brought in top-line and bottom-line growth obtained through higher bookings and cost control respectively.
    • The company’s acquisitions and partnerships will prove to be beneficial in combating domestic and international competition.
    • Growing market, better-than-industry performance and dividend-increase deliver a strong buy rating.
  • Do You Believe Samsung's Mobile Phone Business Is Worth More Than Zero?
    SSNLF Today, 2:40 AM Weighing Machine Comment!

    Summary

    • Samsung has underperformed the S&P 500 by nearly 1000 basis points over the past year. Today, Samsung shares trade at just 7x earnings.
    • Samsung has an incredible track record of profitable growth over the past decades.
    • Samsung shares are priced as if its handset business is worth 0. There are good reasons to believe this is not the case.
    • When investors begin to believe that the handset business will continue to generate meaningful profits in the future, Samsung shares could rise 60%.
  • SolarCity: A Perfectly Timed Downgrade
    SCTY Today, 2:01 AM Bill Maurer 7 Comments

    Summary

    • Baird downgraded SolarCity on valuation concerns.
    • Firm still believes in upside with $83 target.
    • Recent insider selling concerns are overblown.
    • Short interest remains elevated.
    • Pullback may provide an entry opportunity.
  • Why Twitter Is Borderline Cheap
    TWTR Today, 1:55 AM Stone Fox Capital 5 Comments

    Summary

    • Twitter valuation is better than most think.
    • Upside potential exists in growth of users and ARPU.
    • GSV Capital remains way to play Twitter and protect downside.
  • Shopping For The Investment Outlook At Sears
    SHLD Today, 1:03 AM Alpha Now at Thomson Reuters 4 Comments

    Summary

    • While the retail landscape is often littered with the remains hit by the Internet wrecking ball, some have merely fallen out of favor.
    • Yet with no obvious online issue responsible for their demise. The venerable American retailer, Sears Holdings Corp. is such an example.
    • Looking at revenue, there is a strong downward trend underway that appears to be accelerating in the crucial Q4 numbers.
  • Plug Power Will Continue To Grow
    PLUG Today, 12:37 AM IAEResearch 6 Comments

    Summary

    • The first ever profit announcement by the company played a major role in pushing the stock price up.
    • Solid growth in gross margins shows that the increase in sales is accompanied by a decrease in overall costs.
    • Expansion into the market for electric lift trucks at automotive manufacturing sites will allow the company to continue growth in its revenues.
    • One of the major challenges for fuel cell manufacturers is the per unit cost of fuel cell systems which is still a hindrance for the sector.
  • Top 12 Offshore Drilling Companies: A Comparative Fleet Study And Financial Analysis
    ATW, AWLCF, DO Yesterday, 11:26 PM Fun Trading 9 Comments

    Summary

    • The offshore drilling industry is a growing sector despite an actual soft market, and I believe it is the time to look at this sector from a long investor's perspective.
    • The industry is experiencing some headwinds now, with a momentarily rig oversupply whereas big oils are reducing their capital expenditure, putting pressure on the day-rates.
    • Most analysts think that the softness of the market will end late in 2015, which give investors time to accumulate safely while enjoying an impressive high dividend.
  • 5 Undervalued Companies For The Enterprising Investor
    ALL, COF, DFS Yesterday, 11:01 PM Benjamin Clark Comment!

    Summary

    • DFS, COF, DHI, ALL, and NOC are all rated as suitable for the Enterprising Investor following the ModernGraham approach.
    • All five are found to be significantly undervalued according to the ModernGraham valuation model.
    • The market is implying a low growth rate, despite the demonstrated growth each company has achieved.
  • Zygna And King.com's Failures Could Be Nintendo's Opportunity
    NTDOY Yesterday, 8:26 PM Patrick Mork 8 Comments

    Summary

    • Nintendo is at a crucial junction strategically and seems to cautiously be moving towards mobile.
    • Zynga and King.com have failed to build strong, consumer-facing brands beyond the mobile platform.
    • Nintendo's brands and expertise could pave the way for new, highly profitable revenue streams on mobile.
    • Mobile offers Nintendo the possibility of a significantly de-risked business by providing games-as-a-service.
  • Why I'm Staying Away From A Long-Term Investment In Tesla
    TSLA Yesterday, 7:20 PM Joe Vandrick 74 Comments

    Summary

    • Tesla is a fantastic company that is valued based on future potential.
    • There is a high chance that Tesla will become the next large automaker, but there will be failures along the way.
    • The company experiences such high volatility that there is the potential to read and analyze technical indicators for buying and selling opportunities.
  • Panera Bread: Buy The Dip?
    PNRA Yesterday, 6:35 PM Nicholas Pardini 3 Comments

    Summary

    • Panera Bread profitability remains strong.
    • Positive earnings beat along with technical factors are creating a tradable dip.
    • A main risk is dietary shifts away from bread.
  • Zacks' Bull Of The Day: The Andersons
    ANDE Yesterday, 6:21 PM Zacks Investment Research Comment!
  • Nokia Will Continue To Rise
    NOK Yesterday, 6:20 PM IAEResearch 9 Comments

    Summary

    • The order backlog of the company is growing at a rapid pace which will allow it to meet full-year guidance.
    • The growing order backlog will result in considerable growth in revenues and earnings for the company and this growth will support the rise in the stock price.
    • According to IDC, Nokia has the products that will satisfy customer needs over the next five years - it is the second largest player in the LTE segment.