GCAP – neg. comments; the stock could approach TBV at $3.50 per share. The bulk of the co’s clients lose money and attrition is very high. Earnings estimates for the year could be hard to hit.
Low volumes aren’t necessarily bad; volumes only look light compared to the huge surge of trading from the financial crisis; the dismantling of Wall St prop groups isn’t helping. Meanwhile, volumes in other markets (like commodities) have been surging.
CSCO – Barron’s thinks Cisco should wind up spinning off its consumer business.
INTC – Barron’s recommends selling the June $20 calls; analysts are cautious on the stock and some think the risks are skewed to the downside ahead of its upcoming earnings report.
TXN – pos. comments; the NSM deal is a pos. one and could help boost the stock into the low $40s.
CPB – positive comments; the stock is cheap and has a nice dividend; margins are among the highest in the industry.
China – positive comments; the market has performed well of late as investors anticipate a peak of inflation pressures and an end of the PBOC tightening.
AMSC – the stock is mentioned in a “Follow Up” column
Silver – cautious comments – the strong rally may soon be coming to an end.
EADS – Barron’s says they are no longer shorting the stock but also not very bullish either; a lot of their concerns remain but recent financial performance remains.
APOL – mixed comments; fundamentals in the group remain challenged but APOL’s financials are very strong and the multiple isn’t expensive. When the sector does stabilize, APOL could be an outperformer.