Stock Picks Updates
Hope I don't make too many folks angry with this one... (AAPL, rated SELL)
I love AAPL... great stuff. But I feel poor, so I'm happy with the iPhone and macBook I bought last year, and I can wait til things look a little more secure for me to go back to buying big ticket items. I'd rather make sure I can pay rent than have the latest new iPhone, when I just bought the latest one last year.
Europeans are starting to feel the slowdown ( http://www.news.com.au/heraldsun/story/0,21985,23991138-664,0... ), and If Americans already feel this way, then AAPL is dead money w/ a high P/E. It's hard to forget Americans are not net savers with savings in the bank laid away to pay for a new phone or laptop.
Check out AAPL's 10-Q for 2Q 2008: http://media.corporate-ir.net/media_files/irol/10/107357/AAPL... .
On page 16, you see an easy-to-read summary of the segments driving AAPL's income. For the 6 months ending 2008, the Americas and Europe comprise a full 72% of all AAPL income. In light of the slowdown in developed economies, a consumer slowdown does not bode well for AAPL's future growth.
With a lofty P/E, AAPL is dead money until the developed economies can get consumers to buy high ticket items and help AAPL's earnings catch up to the stock's price.
Have you ever had a chair pulled out from under you? (LZB, rated SELL)
La-Z-Boy is a residential furniture producer, marketing furniture for every room of the home, as well as for hospitality, healthcare and assisted-living industries. This stock has been taking it on the chin since April 2006. Last month it reported a loss due to reduced casegoods and retail sales. I think that fiscall year 2008 earnings estimates of 18 cents are way too high given the weakness in the economy and housing specifically. Institutional shareholders have been dumped the stock heavily at the end of the first quarter.
Don't make the mistake of looking at the P/S or P/B and thinking that this stock is cheap. The stock is broken, that's why both ratios are far under 1. Look at thee P/CF of 15, nearly twice the industry average and a third more than the S&P 500.
If you look at a summary of their income and balance sheets from the last 10 years , you see nothing approaching rhyme or reason to the profitability of this company. Even their tax rate has fluctuated wildly.
Cash Flow has been equally erratic for the last five years.
They make a great product, but this looks like a tough business, even when things are going well in the economy as a whole. I wouldn't risk a penny of my money on it in a recession.
Benihana Inc. (BNHN, rated BUY)
Benihana, Inc. operates Benihana teppanyaki-style Japanese restaurants in the United States. It serves fresh steak, chicken, and seafood; raw bar items and Japanese cuisine; sushi and the Pacific-Rim dishes; and Japanese fusion dishes. As of May 31, 2008, the company owned and operated 60 Benihana teppanyaki-style Japanese dinnerhouse restaurants, including 1 restaurant under the name Samurai and 19 franchised Benihana restaurants, as well as owned and operated 9 Haru restaurants and 19 RA Sushi restaurants. Benihana, Inc. was founded in 1964 and is headquartered in Miami, Florida.
Analysts'
Recommendation: | Buy |
| 30 Days Ago: | Buy |
|
| Analysts' Target: | $13 |
| Analysts' Targets |
| C.L. King & Associates | $11 |
| Strong Buy |
Friday, June 13, 2008
|
| Roth Capital Partners | $13 |
| Strong Buy |
Friday, June 13, 2008
|
| Lehman Brothers | $16 |
| Buy |
| Thursday, June 12, 2008 |
etf short (SKF, rated BUY)
<o:p> </o:p>
SHORT OR ULTRA SHORT INVERSE The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Index. exchange-traded fund incorporated in the USA <o:p> </o:p>
Bad market times are great times for stocks which bet against varies indexes in the stock market, I have compiled a list of the stocks that do well when the index does not.
If you have the ability to do a lay over chart you can see that the stocks listed below each index, they rely on that index doing badly, who says you cant make money in a bad market. <o:p> </o:p>
These stocks will produce as long as the bear market holds, my best geuss is till about september. <o:p> </o:p>
Even in a bad market some days the market does well and these stocks drop in price, I normaly place a limit order and buy them cheap. <o:p> </o:p>
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MSCI EAFE. (nyse) EFA <o:p> </o:p>
Efu <o:p> </o:p>
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MSCI Emerging Markets Index. (nyse) EEM <o:p> </o:p>
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Eev <o:p> </o:p>
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FTSE/Xinhua China 25 Index <o:p> </o:p>
Fxp <o:p> </o:p>
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Dow Jones U.S. Financials Index DJUSFV <o:p> </o:p>
Skf <o:p> </o:p>
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MSCI Japan Index <o:p> </o:p>
Ewv <o:p> </o:p>
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Dow Jones U.S. Utilities Index <o:p> </o:p>
Sdp
Dow Jones us basic materials index DJUSBM
Smn,
Dow Jones us consumer goods index
Szk,
Dow Jones us consumer services index DJUSCY
Scc
Dow Jones us oil & gas index DJUSEN
Dug ,
Dow Jones us real estate index DJUSRE
Srs
Dow Jones us health care index
Rxd,
Dow Jones industrial average
Dxd ,
Dow Jones industrials index
Sij ,
Dow Jones us index
Skf,
Dow Jones us Semiconductor index
Ssg
Dow Jones us technology index
Rew,
Dow Jones us utilities index
Upw,
Nasdaq-100 index
Qid,
Russel 1000 value index
Sjf,
Russell 2000 index
Twm, & rwm,
Russel 2000 growth index
Skk,
Russell 2000 value index
Sjh ,
Russel midcap growth index
Sdk,
Russell madcap value index
Sjl,
Standard & poor’s small cap index
Sdd,
S&P madcap 400 index
Mzz,
S&P 500 index <o:p> </o:p>
Sds, <o:p> </o:p>
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Zynex Medical (ZYXI, rated BUY)
This company has made a huge jump in real earnings. It appears that from a conservative position that the company will achieve an EPS of .20 by end of 2008. That translates into a $5.00 stock price at a multiple of 25.
The company is very savvy at collecting from Insurance companies. Zynex Medical Inc has changed it's stock symbol from ZYNX to ZYXI. Here are a couple of tables:
HISTORICAL FINANCIAL INFORMATION: Estimated earnings for Q2-2008 should be .051.
| Quarter | Revenue | Diluted EPS |
| Q1'08 | $3,741,028 | $0.041 |
| Q4'07 | $3,101,868 | $0.032 |
| Q3'07 | $2,104,446 | $0.021 |
| Q2'07 | $1,505,207 | $0.013 |
| Q1'07 | $1,336,731 | $0.008 |
| Q4'06 | $747,071 | -$0.009 |
| Q3'06 | $743,787 | $0.001 |
| Q2'06 | $560,860 | -$0.004 |
| Q1'06 | $505,091 | -$0.001 |
ORDER HISTORY
Orders for their products have been growing rapidly in the past two years due primarily to the expansion of their sales force. Here is the history of their orders: The sales force stands at about 52 members. To penetrate all the doctors in the US is would take as many as 250-300. There is a potential for sizable growth in the European market as Zynex Inc. has secured necessary safety and quality assurance markings for the EU.
| Month | Orders |
| Jun 08 | 1,930 |
| May 08 | 1,731 |
| Apr 08 | 1,408 |
| Mar 08 | 1,307 |
| Feb 08 | 1,634 |
| Jan 08 | 1,473 |
| Dec 07 | 1,091 |
| Nov 07 | 1,260 |
| Oct 07 | 1,452 |
| Sep 07 | 1,042 |
| Aug 07 | 1,021 |
| Jul 07 | 715 |
| Jun 07 | 713 |
| May 07 | 635 |
| Apr 07 | 641 |
| Mar 07 | 602 |
| Feb 07 | 621 |
| Jan 07 | 590 |
| Dec 06 | 323 |
| Nov 06 | 365 |
| Oct 06 | 341 |
| Sep 06 | 314 |
| Aug 06 | 265 |
| Jul 06 | 170 |
| Jun 06 | 154 |
| May 06 | 182 |
| Apr 06 | 152 |
| Mar 06 | 169 |
| Feb 06 | 145 |
| Jan 06 | 125 |
Teva Pharmaceutical Industries Ltd (TEVA) is a HOLD
HOLD
rating on Teva Pharmaceutical Industries Ltd
(TEVA)
Start Price: $44.465
Start Date: 07/08/2008
Goodrich Petroleum Corp. (GDP) is a SELL
SELL
rating on Goodrich Petroleum Corp.
(GDP)
Start Price: $64.96
Start Date: 07/08/2008
Family Dollar Stores Inc. (FDO) is a BUY
BUY
rating on Family Dollar Stores Inc.
(FDO)
Start Price: $23.92
Start Date: 07/08/2008
NVIDIA Corp (NVDA) is a HOLD
HOLD
rating on NVIDIA Corp
(NVDA)
Start Price: $12.0
Start Date: 07/08/2008
Teva Pharmaceutical Industries Ltd (TEVA) is a BUY
BUY
rating on Teva Pharmaceutical Industries Ltd
(TEVA)
Start Price: $44.61
Start Date: 07/08/2008
