Well, it looks like Motorola is finally going to split itself in two following more bad news about it's cell phone business. They just can't get a handle on a successful follow-up to the Razr. The good news is that their set top business and two way radio business is doing very well. Overall I would say this is good for investors who already own the stock. I won't be buying however.
Wednesday, March 26, 2008
Tuesday, March 25, 2008
Mastercard Rallying
MasterCard (MA) opened at 222.30. So far today, the stock has hit a low of 222.00 and a high of 230.00. MA is now trading at 226.38, up 6.00 (2.70%). The stock hit its 52 week high of 228.93 today and set its 52 week low of 105.75 in March.
MA has been on fire over the past year, and like other stocks has been rising as investors continue to be excited by the news that JPMorgan Chase (JPM) is in talks to boost its offer for Bear Stearns (BSC) to $10 a share from $2.
Also encouraging is the strong housing report and excitement over the Visa IPO. I remain bullish on this stock, but it is getting pricey, so I would wait for a fall back.
Saturday, March 01, 2008
Friday, February 08, 2008
Thompson Creek Metals Company a Buy
I've been looking to jump into a gold mining company of late because I don't feel the party is over quite. However during my research, I found Thompson Creek Metals Company, Inc. Thompson Creek is the second-largest publicly traded producer of molybdenum, which increases the corrosion resistance of stainless steel in industrial processes and keeps oil and natural-gas pipelines from fracturing in super cold temperatures. It is also used in catalysts that lower the sulfur levels of fuel.
Australia's Macquarie Research projects molybdenum prices will climb about $2 a pound, or 6.5%, in 2008. and Thompson Creek is lowering costs. In 2006, the company spent about $6 to produce a pound of molybdenum. It cost them more than $7 in 2005.
The stock currently trades around $15, way off of both it's 52 week high and low.
Thursday, January 24, 2008
Coach: Time to Buy?
I wonder if now would be a good time to buy Coach(COH). It's far from it's 52 week high, and has been climbing as of late. Take into account that government rebate checks are coming, which like it or not, people are going to be using to buy luxury goods. Also Spring is right around the corner, which means it is time for a new handbag for many women out there. I see upside for Coach, how about you?
Tuesday, January 22, 2008
Don't Panic
Things are looking tough right now in the market, but I think if you are in it for the long term, many years to retirement, it may be time to buy. If you are close to retirement, I mean very close, you should probably have a lot in bonds and CD's, but if not, you may want to look at them.
Wednesday, December 19, 2007
Starbucks a Buy?
If you are a contrarian, then you may want to look at Starbucks, who in my opinion, will see a comeback next year if the economy improves. I believe it will, how about you?