|
Home::Stock Market
Your Prey for 2006
Author : Hari Wibowo
As 2005 comes to an end, investors celebrate the coming new year and bring new expectation with it. As investors, we try to sell our losing investment before the year ends and sell our winning investments after the new year. This is to receive the benefit of early tax deduction and deferring our tax liability. Either way, after selling your investment, you have some spare cash to invest. Therefore, you would need some idea on where to invest your money.
Scouring the 52 week low is normally a good place to start. Tax loss selling has made many stocks to make the list. This is great for us, small investor. Barring any fundamental news, cheap stocks that get cheaper will be a good investment candidate. Turnaround investors look for stocks that are touching 52 week low and starts researching them. Many of them bounces, providing investors with outstanding return. Examples for this year include: ATI Technologies Inc. (ATYT, up 39% from the low), Seagate Technology (STX, up 29% from the low), Omnivision Technologies (OVTI, up 68.8% from the low) and even Maxtor Corp. (MXO, up 45% from the low before being acquired). Maxtor is now trading 120% above its 52 week low.
While stocks touching new 52 week low, do not always bounce, this is a good place to start your research. Therefore, your prey for 2006 should at least include companies that has recently touched 52 week low. These are several ideas to get you started for 2006.
Pier One Imports Inc. (PIR). The retail stores specializing on furniture and other decorative accessories, are experiencing customer defection this year. Same store sales has been declining and there is little indication that it will change. Warren Buffett used to own a piece of this company. He has since cut back on his stake late this year. It has recently fallen to $ 8.90 per share from the 52 week high of $ 19.98, a 55 % hair cut.
Shanda Interactive Entertainment (SNDA). For overseas exposure, especially China, Shanda should be on your watch list. It provides online gaming to the Chinese community, especially Massively Multiplayer Online Role Playing Games (MMORPG). Don't let the word scare you. It is basically an online gaming portal where it lets gamers fight/play with other gamers. A good way to foster customer's loyalty is through the interaction with other individuals. Online Gaming provides Shanda with that opportunity. It has fallen to $ 15.00 from its 52 week high of $ 45.40, a 67% hair cut. The appealing thing about Shanda is its strong balance sheet (more cash than long-term debt) and the potential growth of its market. Furthermore, the company is profitable. Those cash pile will continue to grow if that happens.
Navistar International Corp. (NAV). This company makes and distributes commercial trucks and busses. Competitors include Paccar, Volvo and the like. It is sporting a forward P/E of 6 and decent balance sheet. If it can maintain a 0% growth in profits, the stock price won't trade at $ 28.80 for very long.
Verizon Communications Inc. (VZ). The largest baby bells of all are having a decent year on the profit line. However, concerns about competitions and high debt load, has reduced its stock price for year 2005. It is currently trading at $ 30.27 per share with dividend yield of 5.30%. Currently, dividend is about half of its annual profit, which is considered safe. If Verizon can repeat its profit performance, the dividend for 2006 will be safe. However, it currently has a high debt load of $ 34.3 Billion. The company has tried to reduce its debt using its cash flow from operations. On Dec 31st 2002, long term debt stood at $ 44.8 Billion. Therefore, balance sheet has actually improved while stock price goes nowhere.
Fresh Del Monte Produce Inc. (FDP). The makers and distributors of fresh fruit produce is not having a good year. Pricing weakness, combined with the higher than expected cost, has decimated its stock price. Recently, management has reportedly hire JP Morgan to run an auction for the company. It can be sold to as high as $ 1.8 Billion according to TheDeal.com. This translates into $ 30.70 per share. FDP recently trade at $ 23.64 per share. If the deal goes through next year, you have the potential of a 29.9% return. However, the fact that management is exploring the buyout, indicates that business aren't so good at this company. If the deal doesn't go through, stock price may see further depreciation.
Article Source: http://www.articledashboard.com
Distribute your finance/investing content for free at our article submission service. Meanwhile you can list your site for free at our web directory service.
Spam emails More free articles Related articles
|
More related feeds |
Talking to the right women | PUA Training Blog | The Most Active ...
Have you been out night Gaming and found yourself walking around different venues looking for hot girls all night and not finding any that you feel are worthy of your time and energy? Know your prey and where she likes to hang out! ...OUR AWESOME PLANET: The End Times by Fr. Bill Halbing (Kerygma ...
4. A Period of Apostacy. The greatest sin anybody can commit is unbelief. We would see a lot of people falling away of the Christian Faith. Your kids are the greatest prey for Satan to destroy. Having a Tattoo is against the bible. ... Your 2012 AFL ladder - BigFooty
Old Today, 13:45. Heropsychodreamer. BigFooty Member. Hawthorn Melbourne Storm/Victory Join Date: Aug 2006 Location: Melbourne. Re: Your 2012 AFL ladder. Geelong and Hawhorn wont drop like ..... Birds of Prey · Fitzroy Football Club ... Metalrage | Throw Out Your Rage » News
"Griefshire" was released in Europe on November 24, 2006 via Napalm Records (the U.s. received the album on January 16). The recordings for the Cd were completed prior to the death of Dunser, who came up with the original concept for ... all time greatest hits: The Red Chord - Prey For Eyes [2007]
The Red Chord - Prey For Eyes [2007] tracklist: 01.film critiques and militia men 02.dread prevailed 03.it runs in the family 04.send the death storm 05.prey for eyes 06.responsibles 07.midas touch 08.tread on the necks of kings ... Your club's best year at the draft. - BigFooty
Old Today, 09:51. TheFridge. BigFooty Member. TheFridge's Avatar. Port Adelaide Is it beer o'clock yet? Join Date: Aug 2006 Location: Melbourne. Talking Re: Your club's best year at the draft. ..... Birds of Prey ... Blog@Newsarama » Blog Archive » Reading Routines
Then, I read a couple of issues of books that I still enjoy but can’t get too excited about, like Birds of Prey and Ultimate Spider-Man. Finally, I’ll set aside a couple of books to read the next day, including at least one that would ... The Hodgepodger: Gifts for Hunters
In addition, you may need to get a pair of binoculars to help see your prey. They are on sale too. You can get an extra $20 off on Nikon Action Extreme binoculars. The gift card program has also been extended and several other rifle ... Corn, beans, spent brass, an empty page and a deadline...(c) 2008 ...
(I should also mention you will cover a LOT of ground and violate more than a few "NO TRESPASSING" postings as you pursue your prey. That too is part of the game and I say that as a landowner who has posted his own NO TRESPASSING signs. ... We don't need no stinkin' pesticides |
Besides, YOU are the ones in charge of YOUR pets aren’t you? That’s why I’m VERY happy to share with you one of the things we use in our home that is a MUCH better and far cheaper (and that includes vet bills that can crop up if you ...
|
|
|
