Qualcomm Inc. NASDAQ (QCOM) is a global leader in supplies of chips for cellphones. The 2013 outlook looks very promising with profits posted at 36% YOY rise and revenues at 29% upsurge, completing nearly $2 billion revenue last fourth quarter. The industry as a whole last Thursday closed the day up 1.1%. By the end of trading, Qualcomm rose $0.71 (1.1%) to $65.27 on average volume. Throughout the day, 10,978,535 shares of Qualcomm exchanged hands as compared to its average daily volume of 13,646,300 shares. The stock ranged in a price between $64.31-$65.48 after having opened the day at $64.78 as compared to the previous trading day's close of $64.56
Qualcomm sustains global demand for its integrated circuit products. Its customer base includes giants such as Apple Inc. (NASDAQ:AAPL), Ingram Micro Inc. (NYSE: IM), Samsung (SSNLF:PK) and BlackBerry (NASDAQ:BBRY). The company is capitalizing on the rise of smartphones and 4G. QCOM is set to begin trading ex-dividend March 06, 2013. A cash dividend payment of $0.25 per share is scheduled to be paid for March 27, 2013. 2013's expected earnings are at $4.35 a share. A new $5 billion share buyback program has also been initiated to replace its existing $4 billion program with $2.5 billion remaining for repurchases. The repurchase program has no expiration date. Qualcomm's daily earnings are at $65.86 - $66.65 with earnings at a 52 week range $53.09 - $68.87. The company expects annual earnings to be $24 billion.
Best Recreation Companies To Watch For 2015: Tile Shop Holdings Inc (TTS)
Tile Shop Holdings, Inc., incorporated on June 21, 2012, is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The Company sells over 4,500 products from around the world, including ceramic, porcelain, glass, and stainless steel manufactured tiles and, marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. It purchases its tile products and accessories directly from producers. The Company manufactures its own setting and maintenance materials, such as thinset, grout, and sealers under its brand name. The Company operates 70 stores in 22 states, with an average size of 23,000 square feet. It also sells its products on its Website. In January 2014 Tile Shop Holdings Inc launched its first retail store in Oklahoma City.
The Company offers a complete assortment of tile products, generally sourced directly from producers, including ceramic, porcelain, glass, and stainless steel manufactured tiles, and marble, granite, quartz, sandstone, travertine, slate, and onyx natural tiles. The Company also offers a range of setting and maintenance materials, such as thinset, grout and sealers, and accessories, including installation tools, shower and bath caddies, drains, and similar products.
The Company competes with Home Depot, Tile America, World of Tile, Century Tile, and Floor and Decor, Dal-Tile and Florida Tile.
Advisors' Opinion:- [By Tim Melvin]
Tile Shops Holdings (TTS) came public back in 2012 and was initially a hot deal, doubling in the months after the deal was priced. It has been pretty much downhill from there, and the shares have lost half their peak value and are back near the offering price.
- [By Demitrios Kalogeropoulos]
The Tile Shop's (NASDAQ: TTS ) shares fell 11% yesterday despite no news coming from the company. Instead, investors were spooked by a big profit warning from a seemingly unrelated retailer: Lumber Liquidators (NYSE: LL ) .�
- [By Paul Ausick]
Stocks on the Move: Houghton Mifflin Harcourt Co. (NASDAQ: HMHC) is up 32.2% at $15.86 after its IPO today. Tile Shop Holdings Inc. (NASDAQ: TTS) is down 39% at $12.95 following a short seller�� claim that profits were overstated. Hewlett-Packard Co. (NYSE: HPQ) is down 5.4% at $25.07 after halting sales of its Chromebook laptop due to an overheating charger problem.
- [By Roberto Pedone]
One home improvement stores player that insiders are active in here is Tile Shop (TTS), which operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the U.S. Insiders are buying this stock into major weakness, since shares are off by 38% so far in 2014.
Tile Shop has a market cap of $573 million and an enterprise value of $652 million. This stock trades at a premium valuation, with a trailing price-to-earnings of 45 and a forward price-to-earnings of 26. Its estimated growth rate for this year is -20.5%, and for next year it's pegged at 35.5%. This is not a cash-rich company, since the total cash position on its balance sheet is $3.53 million and its total debt is $96.15 million.
A director just bought 70,000 shares, or about $683,000 worth of stock, at $9.77 per share.
From a technical perspective, TTS is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock has been uptrending over the last few weeks, with shares moving higher from its low of $9.06 to its recent high of $11.58 a share. During that uptrend, shares of TTS have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of TTS within range of triggering a near-term breakout trade.
If you're bullish on TTS, then I would look for long-biased trades as long as this stock is trending above some near-term support at $10.50 and then once it breaks out above some near-term overhead resistance at $11.58 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average volume of 688,592 shares. If that breakout materializes soon, then TTS will set up to re-test or possibly take out its next major overhead resistance levels at $12 to its 50-day moving average of $12.99. Any high-volume move above $12.99 will then gi
Top 5 Promising Stocks To Own Right Now: Fabrinet (FN)
Fabrinet, incorporated on August 12, 1999, provides optical packaging and precision optical, electro-mechanical and electronic manufacturing services to original equipment manufacturers (OEMs) of complex products, such as optical communication components, modules and sub-systems, industrial lasers and sensors. The Company offers a range of optical and electro-mechanical capabilities across the entire manufacturing processes, including process design and engineering, supply chain management, manufacturing, advanced packaging, final assembly and test.
The products that the Company manufactures for its OEM customers includes optical communications devices, such as selective switching products, such as reconfigurable optical add-drop modules (ROADMs), optical amplifiers, modulators and other optical components and modules that collectively enable network managers to route signals through fiber traffic at various wavelengths and over various distances; tunable transponders and transceivers that eliminate the need to stock individual fixed wavelength transponders and transceivers used in voice and data communications networks; and active optical cables providing high-speed interconnect capabilities for data centers and computing clusters, as well as Infiniband, Ethernet, fiber channel and optical backplane connectivity.
Solid state, diode-pumped, gas and fiber lasers (industrial lasers) used across a array of industries, including semiconductor processing (wafer inspection, wafer dicing, wafer scribing), biotechnology (DNA sequencing, flow cytometry, hematology, antibody detection), metrology (instrumentation, calibration, inspection), and material processing (photo processing, textile cutting, annealing, marking, engraving); and sensors, including differential pressure, micro-gyro, fuel and other sensors that are used in automobiles, and non-contact temperature measurement sensors for the medical industry. The Company also designs and fabricates application-specific crystals, pri! sms, mirrors, laser components and substrates (customized optics) and other custom and standard borosilicate, clear fused quartz, and synthetic fused silica glass products (customized glass).
The Company competes with Sanmina-SCI Corporation, Celestica Inc., Venture Corporation Limited, Benchmark Electronics, Inc, Browave Corporation, Fujian Castech Crystals, Inc., Research Electro-Optic, Inc. and Photop Technologies, Inc.
Advisors' Opinion:- [By Seth Jayson]
Fabrinet (NYSE: FN ) reported earnings on April 29. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 29 (Q3), Fabrinet beat expectations on revenues and beat expectations on earnings per share.
Top 5 Promising Stocks To Own Right Now: UnitedHealth Group Incorporated(UNH)
UnitedHealth Group Incorporated provides healthcare services in the United States. Its Health Benefits segment offers consumer-oriented health benefit plans and services to national employers, public sector employers, mid-sized employers, small businesses, and individuals; and non-employer based insurance options for purchase by individuals. It also provides health and well-being services for individuals aged 50 and older; and for services dealing with chronic disease and other specialized issues for older individuals, as well as health plans for the beneficiaries of acute and long-term care Medicaid plans. This segment offers its services through a network of 730,000 physicians and other health care professionals, and 5,300 hospitals. Its OptumHealth segment provides health, financial, and ancillary services and products that assist consumers through personalized health management solutions; benefit administration, and clinical and network management; health-based financi al services; behavioral solutions; and specialty benefits, such as dental, vision, life, critical illness, short-term disability, and stop-loss product offerings. The company?s Ingenix segment offers database and data management services, software products, publications, consulting and actuarial services, business process outsourcing services, and pharmaceutical data consulting and research services. Its Prescription Solutions segment provides integrated pharmacy benefit management services comprising retail network pharmacy contracting and management, claims processing, mail order pharmacy services, specialty pharmacy, benefit design consultation, rebate contracting and management, drug utilization review, formulary management programs, disease therapy management, and adherence programs to employer groups, union trusts, managed care organizations, Medicare-contracted plans, Medicaid plans, and third party administrators. The company was founded in 1974 and is based in Minne tonka, Minnesota.
Advisors' Opinion:- [By Jonas Elmerraji]
2013 has been a bit kinder to shareholders in UnitedHealth Group (UNH) -- or, more accurately, a lot kinder. UNH has rallied more than 33% since the start of the year's trading. But the setup in shares right now means that the rally isn't over yet.
UNH is currently forming an inverse head-and-shoulders pattern, a price setup that indicates exhaustion among sellers. The pattern is formed by two swing lows that bottom out around the same level (the shoulders), separated by a deeper low (the head). The buy signal comes on a move through the neckline, which is right at $74. A breakout above that level is our buy signal.
The inverse head-and-shoulders pattern (and its bearish counterpart) catches a lot of flack because it's so frequently spotted -- and, frankly, because it has a stupid name. But it works: A recent academic study conducted by the Federal Reserve Board of New York found that the results of 10,000 computer-simulated head-and-shoulders trades resulted in "profits [that] would have been both statistically and economically significant."
That's reason enough to keep an eye on the $74 level in UNH this month.
- [By Amanda Alix]
It's a beautiful day for the Dow Jones Industrial Average (DJINDICES: ^DJI ) so far, as the index continues its climb following some excellent news on the trade deficit and a sweet upgrading of health insurer UnitedHealth Group (NYSE: UNH ) from Deutsche Bank.
- [By Ben Levisohn]
The S&P 500 rose 0.3% to 1,833.32 today–its 43rd record high this year–while the Dow Jones Industrial Average gained 0.4% to 16,357.55–its 49th record high in 2013–as E.I. Du Pont De Nemours rose 1.7% to $63.83, Caterpillar advanced 1.1% to $90.91 and Walt Disney finished up 0.8% at $73.83 after giving CEO Bob Iger a pay cut and adding a new board member–Twitter (TWTR) Chairman Jack Dorsey. Just three Dow components–Goldman Sachs (GS), Pfizer (PFE) and United Health Group (UNH) finished in the red.
- [By Matt Thalman]
Finally, shares of UnitedHealth Group (NYSE: UNH ) declined today, losing 0.56%. Like General Electric, UnitedHealth is expected to post lower earnings results this year than it did during the second quarter of last year. While economists are estimating that revenues will increase by 11.9%, they also predicted that EPS will fall 1.6%. UnitedHealth is scheduled to report its Q2 results on July 18, and with questions lingering about how the health-care exchanges will work under Obamacare and what effects the legislation will have on the overall health-care industry, investors need a beat -- or at the very least a match of estimates -- or else the stock could really tank at the end of the week. �
Top 5 Promising Stocks To Own Right Now: SLM Corp (ISM)
SLM Corporation (Sallie Mae), incorporated on February 3, 1997, is a holding company. It operates in three business segments: Consumer Lending, Business Services and FFELP Loans. The fourth segment includes Other. The Company�� primary business is to originate, service and collect loans it makes to students and their families to finance the cost of their education. It uses Private Education Loans to mean education loans to students or their families that are non-federal loans and loans not insured or guaranteed under the previously existing Federal Family Education Loan Program (FFELP). It also provides servicing, loan default aversion and defaulted loan collection services for loans owned by other institutions, including the United States Department of Education (ED), as well as processing capabilities to educational institutions and 529 college-savings plan programs. It also operates a consumer savings network that provides financial rewards on everyday purchases to help families save for college. On May 7, 2013, Higher One Holdings, Inc. acquired Sallie Mae�� Campus Solutions business.
The Company is a holder, servicer and collector of loans made under the previously existing FFELP. The majority of its income continues to be derived, directly or indirectly, from its portfolio of FFELP Loans and servicing it provides for FFELP Loans.
Consumer Lending Segment
The Company originates, acquires, finances and services Private Education Loans. In this segment, the Company earns net interest income on the Private Education Loan portfolio, as well as servicing fees, consisting primarily of late fees. The Bank is also a key component of its Upromise Rewards and college-savings product businesses.
Business Services Segment
The Company�� Business Services segment generates the majority of its revenue from servicing its FFELP Loan portfolio and from performing servicing, default aversion and contingency collections work on behalf of Guaranto! rs of FFELP Loans and other institutions. During the year ended December 31, 2012, its FFELP-related revenues accounted for 76% of total Business Services segment revenues. Since 1997, the Company has provided collection services on defaulted student loans to ED. Upromise generates revenue by providing program management services for 529 college-savings plans with assets in 31 college-savings plans in 16 states, as of December 31, 2012. It also generates transaction fees through its Upromise consumer savings network; through December 31, 2012, members have earned rewards by purchasing products at hundreds of online retailers, booking travel, purchasing a home, dining out, buying gas and groceries, using the Upromise World MasterCard, or completing other qualified transactions. It earns a fee for the marketing and administrative services it provides to companies that participate in the Upromise savings network.
FFELP Loans Segment
The Company�� FFELP Loans segment consists of its FFELP Loan portfolio and the underlying debt and capital funding the loans. It seeks to acquire FFELP Loan portfolios.
Advisors' Opinion:- [By Holly LaFon]
Much like the first three months of the year, the second quarter served up a mixture of good and bad economic news. On April 3, the Institute of Supply Management (ISM) announced its nonmanufacturing index fell to 54.4, a seven month low. Higher taxes and federal budget cuts were purported to blame for the slowdown. Two days later on the first Friday of the month, the Labor Department released disappointing March employment numbers: Employers added only 88,000 new jobs, fewer than any month in the past year (though the number was later revised up to 142,000). The unemployment rate dropped to 7.6%, but only because an estimated almost half million people left the workforce in March. On a more encouraging note, housing starts in March rose 7.0% to an annual rate of 1,036,000 (later revised to 1,005,000) and new home sales climbed 1.5% (revised to 1.3%) to 417,000 annualized (revised to 451,000), the second highest jump in three years. Despite the mixed signals, the U.S. equity market, as measured by the S&P 500 Index, rose a modest 1.9% in April.