Shares of Barnes & Noble (NYSE:BKS) climbed higher throughout the second quarter, thanks to some data that suggested that books were making a recovery. Shares then retreated after the company fired its new CEO less than one year into the job. A favorable article from Barron’s suggesting that fears about obsolescence due to Amazon (NASDAQ:AMZN) were overdone led to renewed optimism, before BKS reported weak Q2 results that sent shares back down. It is one of the cheapest stocks in the retail sector, trading at a forward P/E of 12 and a P/S of 0.2. But the fears about BKS’s long-term viability are warranted, and investors should stay on the sidelines.
investment stocks: Cencosud S.A.(CNCO)
Advisors’ Opinion:
- [By Javier Hasse]
“Right now, we are the only Latin American company in the retail segment, and the only ones with a real distribution chain assembled, selling in stores like Staples and others,” Caporale explained. “Stratasys, Ltd. (NASDAQ: SSYS)’s MakerBot had a few experiences in retail, but did not do very well: Cencosud SA (NYSE: CNCO)’s Jumbo supermarkets bought three printers [for its Argentina branch] and did not manage to sell any. The thing is, their machine costs about 90,000 Argentine pesos [about $6,000], and our machine goes for 32,000 pesos [about $2100].”
- [By Jim Robertson]
Today, our Under the Radar Moversnewsletter suggested shorting mid cap emerging markets retail stock Cencosud SA (NYSE: CNCO):
There are a couple of things going on here to lead us to a bearish conclusion, but the biggest of these is today’s cross under the 200-day moving average line (green) at $8.46. For a brief while it looked like this long-term moving average line was going to play a support role – as it often does – but today’s second selling effort broke its back. Now that the floor’s out of the way, the selling just got a lot easier.
investment stocks: Targa Resources, Inc.(TRGP)
Advisors’ Opinion:
- [By Lisa Levin]
In trading on Tuesday, utilities shares fell by 0.37 percent. Meanwhile, top losers in the sector included Targa Resources Corp (NYSE: TRGP), down 3 percent, and FirstEnergy Corp. (NYSE: FE), down 2 percent.
investment stocks: Revlon, Inc.(REV)
Advisors’ Opinion:
- [By Lee Jackson]
These companies also reported insider buying last week: Apache Corp. (NYSE: APA), Halliburton Co. (NYSE: HAL), Revlon Inc. (NYSE: REV), Valeant Pharmaceuticals International Inc. (NYSE: VRX) and U.S. Steel Corp. (NYSE: X).
- [By Jeremy Bowman]
Shares of Revlon, Inc.(NYSE:REV) surged last month after the company announced a restructuring plan. According to data from S&P Global Market Intelligence, the stock gained 15%. The bulk of the increase came in the middle of the month when the restructuring plan was announced.
investment stocks: GenMark Diagnostics, Inc.(GNMK)
Advisors’ Opinion:
- [By Lisa Levin]
GenMark Diagnostics, Inc (NASDAQ: GNMK) shares shot up 20 percent to $10.54. Cowen & Co. upgraded GenMark Diagnostics from Market Perform to Outperform.
investment stocks: Estee Lauder Companies, Inc. (The)(EL)
Advisors’ Opinion:
- [By Ben Levisohn]
The 20 stocks meeting those requirements are: Ralph Lauren (RL), Time Warner(TWX), Twenty-First Century Fox(FOXA), PepsiCo(PEP), Estee Lauder(EL), Tesoro(TSO), XL(XL), Ameriprise Financial,(AMP), Unum(UNM), Merck(MRK), AbbVie(ABBV), Gilead Sciences(GILD), General Dynamics(GD), Alaska Air(ALK), United Continental(UAL), Delta Air Lines(DAL), Oracle(ORCL), eBay(EBAY), Apple(AAPL), and Centurylink(CTL).
- [By WWW.THESTREET.COM]
GLP’s customers include Walmart (WMT) , Unilever (UL) , JD.com (JD) , Adidas (ADDYY) , Estee Lauder (EL) and L’Oreal (LRLCY) .
The S$3.38 offer price represents 81% premium over its 12-month volume weighted average price and a 25% premium over its last full trading day before the announcement.
investment stocks: TC PipeLines, LP(TCP)
Advisors’ Opinion:
- [By WWW.KIPLINGER.COM]
TRP has decided to buy out CPPL as well and merge its assets back into its now-larger self. The real win will come when TRP drops down these newly acquired assets into its own MLP TC PipeLines, LP (TCP). TransCanada hasnt been able to fully use TCP as the bulk of its assets are Canadian and ineligible for inclusion.
