Chun Bong Lai's  Instablog

1. The Pep Boys – Manny, Moe & Jack (NYSE: PBY)

 

Year first opened: 1921

Estimated number of employees: 12,169

 

PBY is a leading automotive retail and service chain – specializes in the automotive aftermarket industry. Its retails sell automotive parts, tires and accessories, automotive maintenance and service, and the installation of parts.

 

Competitors:

Advance Auto Parts Inc. (NYSE: AAP)

AutoZone Inc. (NYSE: AZO)

O’ Reilly Automotive, Inc. (Nasdaq: ORLY)

 

Ranks:

Zacks Research: 2 (BUY)

Yahoo Analyst Opinion: 2.2 (BUY)

 

Targets:

 

 

 

History:

 

 

 

Chart:

From Prophet Chart (PBY)

 

As you can see the chart (2-year chart) above, PBY still has potential to go up to 17.50 – 18.00. There is a resistance at 18.00. This uptrend channel is pretty nice and neat. Good buy now.

 

PBY website: www.pepboys.com/

 

 

2. Pier 1 Imports Inc. (NYSE: PIR)

 

Year first opened: 1962

Estimated number of employees: 17,000
 

PIR is a chain of retail stores (over 1,000 stores) selling wide variety of furniture, decorative home furnishings, dining and kitchen goods, and home accessories in the United States, Canada, Mexico, and Puerto Rico.

 

Competitors:

Bed, Bath and Beyond (Nasdaq: BBBY)

Cost Plus World Market (Nasdaq: CPWM)

 

Ranks:

Zacks Research: 3 (HOLD)

Yahoo Analyst Opinion: 1.9 (BUY)

 

Targets:

 

 

History:

 

 

Chart:

From Prophet Chart (PIR)

 

As you can see the chart (2-year) chart above, the uptrend channel is really good. If it breaks the resistance level at 11, then the stock can go up to 15. Good to buy now.

 

PIR website: www.pier1.com

 

 

 

3. Rite Aid (NYSE: RAD)

 

Year first opened: 1962

Estimated number of employees: 54,600

 

RAD is a retail drugstore chain (over 4,780 stores) across the United States. It is the third largest drugstore chain in the U.S.

 

Competitors:

CVS Caremark Corporation (NYSE: CVS)

Walgreen Co. (NYSE: WAG)

Wal-Mart Stores Inc. (NYSE: WMT)

 

Ranks:

Zacks Research: 2 (BUY)

Yahoo Analyst Opinion: 3.1 (Strong Buy 1.0 – 5.0 Sell)

 

Targets:

 

 

History:

 

 

Chart:

From Prophet Chart (RAD)

 

As you can see the chart (5-year chart) above, RAD does not look too good. It has a resistance level at 1.50 and a support level at 0.81. I would not buy this stock simply because it is too risky.

 

RAD website: www.riteaid.com



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Enjoy Thursday!!!!!! =]

1. Bed, Bath and Beyond (symbol: BBBY)

 

Year first opened: 1971

Estimated numbers of employees: 39,000

 

BBBY is basically a chain of domestic (United States and Canada) merchandise retail stores selling items for kitchen, dining room, bathroom, and bedroom.

 

From Prophet Chart (Symbol: BBBY)

 

As you can see the chart (1-year chart) above, it reaches its short-term resistance at around 49. I do not believe this stock will be able to go up and break that resistance level. Therefore, the best place to buy this stock at around 43.50.

 

BBBY website: www.bedbathandbeyond.com

 

 

2. Monsanto Company (symbol: MON)

 

Year first opened: 1901

Estimated number of employees: 21,400

 

MON is a multinational agricultural biotechnology corporation. It is the leading producer of genetically engineered seeds.

 

From Prophet Chart (symbol: MON)

 

As you can see the chart (2-year chart) above, MON reaches the 2-year resistance level at 74.50. It is unlikely to break this resistance level; thus, I predict this stock will be down to 68.50. It is best to buy at 67.50, hold, and sell at 84.50.

 

MON website: www.monsanto.com

 

 

 

 

 

3. Ruby Tuesday (symbol: RT)

 

Year first opened: 1972

Estimated number of employees: 35,200

 

RT is an American restaurant chain. It has stores in 44 states, the District of Columbia, and 13 foreign countries. There are over 700 stores.

 

From Prophet Chart (symbol: RT)

 

This is actually a pretty good graph. As you can see the chart (4-year chart) above, there is an uptrend channel from year 2010 to present. In addition, now is just at the lower point of the channel… that means a good buy at 12.50, hold, and sell at 19.50. I predict this stock will go up to 19.50.

 

RT website: http://www.rubytuesday.com/

 

 

 

 

 

4. WD-40 Company (symbol: WDFC)

 

Year first opened: 1953

Estimated number of employees: 280

 

WD-40 is known for its water-displacing spray for various household uses. The spray prevents corrosion. Its products are in more than 160 countries around the world.

 

 

From Prophet Chart (symbol: WDFC)

 

This chart (2-year chart) shows an uptrend; however, the trend is narrower as time passes. I assume that once this stock breaks this trend at around 45, then it will go up quite high. To be safe, place a sell stop at 40 or even 39. This is a good stock overall – would buy now.

 

 

WDFC website: www.wd40.com




*Happy Wednesday Everyone =]
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We are not talking about supermarket – where it is good to buy vegetables, fruits, and meats. Instead, we are talking about today’s stock market. What are some of the supreme stock picks today? What is good to buy when you are hungry for money? Let’s look at some of the stocks below.

 

The menu has three choices: NOK, AOL, and OPEN

 

1. Nokia Corporation (symbol: NOK)

 

Recently, the CEO of Nokia announced that the company will use Microsoft’s operating system on its smartphones. The stock had dropped more than 10% in one day. Nokia, the largest cellphone maker, is actually partnered with Microsoft? Yes, but what is wrong with that? People start panicking because this is one of the negative news at this moment. When you look at the long run, Nokia (symbol: NOK) is a great buy – an excellent dividends stock, low price, and great potential in the future. This temporary drop in its stock price is nothing. This stock should be a buy.

 

2. AOL Inc. (symbol: AOL)

 

AOL is used to be one of the largest online providers a decade ago. When you received an e-mail, you will hear “you’ve got mail.” What is happening to the company now? AOL recently acquired the Huffington Post, the Internet newspapers website, for $315 million. You might think: “What… does it worth a $315 million?” Well, AOL has been doing serious online services for more than 30 years. If this acquisition will help AOL to expand its network, then AOL is making a good bet to acquire the Huffington Post for $315 million. In the long run, the stock will go up despite the recent 15% drop. This stock should be a buy.

 

3. OpenTable (symbol: OPEN)

 

OpenTable, an online real-time restaurant reservation service, definitely has its potential to go up in the future. The company is founded by Chuck Templeton in San Francisco in 1998. Think about this: If the users are free to use the website to reserve a seat at a restaurant, then why not using it. As predicted, most people are too lazy to wait for a seat at the restaurant; therefore, this online restaurant reservation system is very good for most users. The website benefits itself and many restaurants. OpenTable will expand internationally; thus, its stock price should be up in the long run. This stock should be a buy.

 

 

If you have any stock recommendations or SF companies’ details, please comment below.

Happy Valentine’s Day to you all~