Seeking Alpha

Kapitall's  Instablog

Kapitall
Send Message
Kapitall is the online finance platform for the next generation, where investing is as easy as drag, drop and trade. With an intuitive and playful user experience, Kapitall offers tools that make it easy to build virtual and real brokerage portfolios, share ideas and research stocks and funds.
My company:
Kapitall
My blog:
Kapitall Wire
View Kapitall's Instablogs on:
  • Is Apple Headed For A Miss In Expected IPad Sales?

    Market consultancy NPD DisplaySearch reportedly out with a research note on Sunday indicating Apple (AAPL) will miss its 2013 iPad shipment target by quite a wide margin. The combined sales of the two models will only reach 74 million units, according to the report, well below the 88 million initially estimated. Total is comprised of 31 million of the 9.7-inch version and 43 million of the "iPad Mini". Last two reporting quarters saw sales of just below 23 million and 20 million respectively.

    Apple typically does not comment on speculation about its internal estimates in tech blogs, and this is also not the first time that rumors circulated about a major slowdown in iPad demand. Supply chain sources have hinted that sales this quarter could drop as low as 10 million units, pointing to tighter competition from the popular Samsung Galaxy Note lineup as well as some of the lower-priced entry-level tablet alternatives.

    Notwithstanding the development and transition to iOS 7, Apple could benefit from greater visibility on its product refresh cycle. Reports out of Gartner last week estimating that the iPad Mini now accounts for some 60% of the first quarter iOS sales, but projections for the release of the next version of the device are now being extended into the early part of 2014.

    That uncertainty, compounded by what a research note from Gartner saw as a shift in focus toward software rather than hardware, is in all likelihood extending the household lifetime of the iPad Mini that will ultimately translate into bloated inventories. Already on the last earnings conference call, CEO Tim Cook expressed disappointment over the declining iPad Mini margins and falling ASPs.

    Shares of Apple are at a particularly precarious juncture, failing to gather any upward momentum after a brief respite from the selloff in early May. Instead, AAPL once again slid below the $400 level, threatening the first close below $39 since late 2011.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

    Tags: AAPL
    Jul 01 7:05 AM | Link | Comment!
  • The DuPont Equation, Find Stocks With Strong Profitability

    Kapitall often screens companies for strong profitability by performing a DuPont analysis on the names. Here's why:

    DuPont analysis, also known as "DuPont identity" was started by the DuPont Corporation in the 1920s. Here, assets are measured at their gross book value rather than at net book value in order to produce a higher return on equity (ROE). If the ROE is unsatisfactory, the DuPont analysis helps target the part of the business that is underperforming.

    DuPont analyzes return on equity (ROE, or net income/equity) profitability by breaking ROE up into three components:

    ROE

    = (Net Profit/Equity)

    = (Net Profit/Sales)*(Sales/Assets)*(Assets/Equity)

    = (Net Profit Margin)*(Asset Turnover)*(Leverage Ratio)

    It therefore focuses on companies with the following positive characteristics:

    • Increasing ROE along with,
    • Decreasing leverage, (i.e. decreasing Asset/Equity ratio)
    • Improving asset use efficiency (i.e. increasing Sales/Assets ratio) and improving net profit margin (i.e. increasing Net Income/Sales ratio.

    Those companies that pass DuPont are seeing positive trends in the sources of their increasing profitability, which adds further weight to the idea that the names are profitable.

    Tags: DuPont
    Feb 07 4:41 PM | Link | Comment!
  • Friday's High Volume Gainers With Bullish Options Sentiment
    The following is a list of high volume gainers with bullish option market sentiment, i.e. a large number of open call option positions relative to put option positions.
     
    For each stock, we'll list the Relative Volume indicator, which expresses Friday's trading volume as a multiple of the 3-month average volume.
     
    Relative Volume data sourced from Finviz, options data sourced from Schaeffer's.



    1. International Coal Group, Inc. (ICO): Industrial Metals & Minerals Industry. Market cap of $1.42B. Today's relative volume at 6.34, with the stock gaining 3.72% during the session. Call open interest at 13,437 contracts vs. put open interest at 2,341 contracts (Put/Call ratio at 0.17). Short float at 7.71%, which implies a short ratio of 5.2 days. The stock has gained 74.94% over the last year.

    2. Medivation, Inc. (MDVN): Biotechnology Industry. Market cap of $473.95M. Today's relative volume at 5.18, with the stock gaining 5.54% during the session. Call open interest at 32,777 contracts vs. put open interest at 6,347 contracts (Put/Call ratio at 0.19). Short float at 5.93%, which implies a short ratio of 5.6 days. The stock has lost -60.33% over the last year.

    3. LB Foster Co. (FSTR): Basic Materials Wholesale Industry. Market cap of $420.25M. Today's relative volume at 3.25, with the stock gaining 0.10% during the session. Call open interest at 1,486 contracts vs. put open interest at 315 contracts (Put/Call ratio at 0.21). Short float at 2.45%, which implies a short ratio of 7.53 days. The stock has gained 38.65% over the last year.

    4. PAETEC Holding Corp. (PAET): Diversified Communication Services Industry. Market cap of $572.93M. Today's relative volume at 3.06, with the stock gaining 0.25% during the session. Call open interest at 2,033 contracts vs. put open interest at 435 contracts (Put/Call ratio at 0.21). Short float at 2.81%, which implies a short ratio of 9.49 days. The stock has gained 0.51% over the last year.

    5. Cintas Corporation (CTAS): Business Services Industry. Market cap of $4.28B. Today's relative volume at 3.13, with the stock gaining 0.59% during the session. Call open interest at 12,629 contracts vs. put open interest at 3,007 contracts (Put/Call ratio at 0.24). Short float at 5.15%, which implies a short ratio of 5.74 days. The stock has gained 3.81% over the last year.

    6. Synovus Financial Corp. (SNV): Regional Banks Industry. Market cap of $1.95B. Today's relative volume at 2.93, with the stock gaining 3.61% during the session. Call open interest at 54,920 contracts vs. put open interest at 14,988 contracts (Put/Call ratio at 0.27). Short float at 12.95%, which implies a short ratio of 6.49 days. The stock has gained 25.76% over the last year.

    7. Quiksilver Inc. (ZQK): Textile Industry. Market cap of $822.98M. Today's relative volume at 4.89, with the stock gaining 3.59% during the session. Call open interest at 6,410 contracts vs. put open interest at 2,064 contracts (Put/Call ratio at 0.32). Short float at 3.53%, which implies a short ratio of 4.41 days. The stock has gained 195.29% over the last year.

    8. CLARCOR Inc. (CLC): Auto Parts Industry. Market cap of $2.2B. Today's relative volume at 3.01, with the stock gaining 0.50% during the session. Call open interest at 1,689 contracts vs. put open interest at 557 contracts (Put/Call ratio at 0.33). Short float at 3.19%, which implies a short ratio of 8.21 days. The stock has gained 35.36% over the last year.

    9. Spectrum Pharmaceuticals, Inc. (SPPI): Drug Manufacturers Industry. Market cap of $315.06M. Today's relative volume at 4.21, with the stock gaining 1.76% during the session. Call open interest at 19,773 contracts vs. put open interest at 7,453 contracts (Put/Call ratio at 0.38). Short float at 7.68%, which implies a short ratio of 8.27 days. The stock has gained 33.91% over the last year.

    10. Sigma Designs, Inc. (SIGM): Semiconductor Industry. Market cap of $432.7M. Today's relative volume at 4.23, with the stock gaining 2.10% during the session. Call open interest at 11,588 contracts vs. put open interest at 4,720 contracts (Put/Call ratio at 0.41). Short float at 14.79%, which implies a short ratio of 15.24 days. The stock has gained 26.91% over the last year.

    11. Take-Two Interactive Software Inc. (TTWO): Multimedia & Graphics Software Industry. Market cap of $1.01B. Today's relative volume at 13.27, with the stock gaining 13.40% during the session. Call open interest at 31,028 contracts vs. put open interest at 12,676 contracts (Put/Call ratio at 0.41). Short float at 12.35%, which implies a short ratio of 6.83 days. The stock has gained 47.41% over the last year.

    12. Boston Scientific Corporation (BSX): Medical Instruments & Supplies Industry. Market cap of $10.97B. Today's relative volume at 3.08, with the stock gaining 3.74% during the session. Call open interest at 244,457 contracts vs. put open interest at 104,516 contracts (Put/Call ratio at 0.43). Short float at 3.27%, which implies a short ratio of 3.01 days. The stock has lost -17.77% over the last year.

    13. Advanced Energy Industries, Inc. (AEIS): Diversified Electronics Industry. Market cap of $554.93M. Today's relative volume at 2.82, with the stock gaining 8.90% during the session. Call open interest at 9,795 contracts vs. put open interest at 4,535 contracts (Put/Call ratio at 0.46). Short float at 6%, which implies a short ratio of 2.96 days. The stock has gained 6.13% over the last year.

    14. Safeguard Scientifics, Inc. (SFE): Diversified Investments Industry. Market cap of $336.65M. Today's relative volume at 4.95, with the stock gaining 0.80% during the session. Call open interest at 1,559 contracts vs. put open interest at 738 contracts (Put/Call ratio at 0.47). Short float at 3.54%, which implies a short ratio of 8.32 days. The stock has gained 73.57% over the last year.

    15. Webster Financial Corp. (WBS): Regional Banks Industry. Market cap of $1.42B. Today's relative volume at 3.3, with the stock gaining 0.94% during the session. Call open interest at 547 contracts vs. put open interest at 267 contracts (Put/Call ratio at 0.49). Short float at 6.21%, which implies a short ratio of 10.76 days. The stock has gained 48.24% over the last year.

    16. Coherent Inc. (COHR): Scientific & Technical Instruments Industry. Market cap of $1.14B. Today's relative volume at 2.72, with the stock gaining 0.66% during the session. Call open interest at 487 contracts vs. put open interest at 239 contracts (Put/Call ratio at 0.49). Short float at 2.75%, which implies a short ratio of 5.36 days. The stock has gained 68.91% over the last year.

    17. Signature Bank (SBNY): Regional Banks Industry. Market cap of $2.B. Today's relative volume at 2.57, with the stock gaining 0.74% during the session. Call open interest at 1,255 contracts vs. put open interest at 632 contracts (Put/Call ratio at 0.5). Short float at 7.31%, which implies a short ratio of 12.1 days. The stock has gained 56.07% over the last year.

    18. Cantel Medical Corp. (CMN): Medical Instruments & Supplies Industry. Market cap of $392.4M. Today's relative volume at 3.91, with the stock gaining 0.90% during the session. Call open interest at 422 contracts vs. put open interest at 215 contracts (Put/Call ratio at 0.51). Short float at 3.66%, which implies a short ratio of 8.31 days. The stock has gained 11.29% over the last year.

    19. InterMune Inc. (ITMN): Biotechnology Industry. Market cap of $799.55M. Today's relative volume at 55.76, with the stock gaining 116.89% during the session. Call open interest at 113,161 contracts vs. put open interest at 60,299 contracts (Put/Call ratio at 0.53). Short float at 9.32%, which implies a short ratio of 5.46 days. The stock has gained 14.07% over the last year.

    20. Koppers Holdings Inc. (KOP): Lumber Industry. Market cap of $716.45M. Today's relative volume at 2.7, with the stock gaining 0.06% during the session. Call open interest at 1,421 contracts vs. put open interest at 792 contracts (Put/Call ratio at 0.56). Short float at 2.59%, which implies a short ratio of 4.78 days. The stock has gained 23.47% over the last year.


    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
    Dec 17 12:28 PM | Link | 1 Comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.