Last week, it was reported that S&P MidCap 400 constituents Vertex Pharmaceuticals (NASD: VRTX) and Ametek Inc (NYSE: AME) would be replacing Advanced Micro Devices (NYSE: AMD) and SAIC Inc (NYSE: SAI) in the S&P 500, and Advanced Micro Devices and SAIC will replace Vertex Pharmaceuticals and Ametek in the S&P Mid Cap 400. I should mention that both Advanced Micro Devices and SAIC Inc are�in our�SmallCap Network Elite Opportunity (SCN EO) portfolio and as of today, we are down 1.29% and up 19.77%, respectively, in both stocks. In the case of�Advanced Micro Devices, we feel the company�� transition into mobility and gaming consoles makes it a compelling value while defense contractor SAIC Inc is interesting as its well positioned to address�cyber security issues. Moreover, SAIC Inc is splitting into 2 companies in a transaction that�� expected to be completed before the end of the month.
Top 10 Income Stocks To Invest In Right Now: Jacobs Engineering Group Inc. (JEC)
Jacobs Engineering Group Inc. provides professional, technical, and construction services. Its services include engineering, design, and architectural services; construction and construction management services; operations and maintenance services; and process, scientific, and systems consulting services. The company serves a range of companies and organizations comprising industrial, commercial, and government clients across multiple markets and geographies. Jacobs Engineering Group Inc. provides its services to various industries and markets consisting of oil and gas exploration, production, and refining; environmental programs; pharmaceuticals and biotechnology; chemicals and polymers; buildings; infrastructure; power; technology and manufacturing; consumer products; and pulp and paper. The company provides its services through its offices in North America, Europe, the Middle East, Asia, and Australia. Jacobs Engineering Group Inc. was founded in 1947 and is based in Pa sadena, California.
Advisors' Opinion:- [By Laura Brodbeck]
Monday
Earnings Releases Expected: Cummins Inc. (NYSE: CMI), Jacobs Engineering Group Inc. (NYSE: JEC), Franklin Resources Inc. (NYSE: BEN), XL Group plc (NYSE: XL), Herbalife LTD (NYSE: HLF) Economic Releases Expected:Italian business confidence, US services PMI, Japanese retail sales, Japanese unemployment rateTuesday
- [By Rich Smith]
The U.S. Department of Defense awarded nine new contracts on Monday worth some $1.121 billion in aggregate. The largest of these awards, however, swallowed more than 85% of the funds on offer. Split among five publicly traded companies, and one privately owned, this monster IT contract envisions paying out $960 million over the course of time to contractors:
Lockheed Martin (NYSE: LMT ) Raytheon (NYSE: RTN ) Harris� (NYSE: HRS ) L-3 Communications (NYSE: LLL ) TYBRIN Corp., a subsidiary of Jacobs Engineering Group (NYSE: JEC ) SRA InternationalThe multiple award, indefinite- delivery/indefinite-quantity (IDIQ) contract was awarded under the U.S. Air Force's Network-Centric Solutions-2 (NETCENTS-2) Application Services program, which the Air Force describes as being one of its primary vehicles for purchasing "sustainment, migration, integration, training, help desk support, testing and operational support" services. Over the course of the contract, the six named contactors will be the only ones entitled to bid (against each other) for task orders awarded under the umbrella IDIQ contract.
- [By Bryan Murphy]
If the forecasters are on target (and they usually are), then construction and engineering names like Jacobs Engineering Group Inc. (NYSE:JEC) and Chicago Bridge & Iron Company N.V. (NYSE:CBI) should have a very solid 2015. Construction in the United States, and heavy construction in particular, is projected to grow in the coming year, setting up something of a boost for tickers like CBI and JEC. Chicago Bridge & Iron Company and Chicago Bridge & Iron Company N.V. aren't the only ways to play the trend, however. In fact, the blatant obviousness of� them as beneficiaries likely saps some of their upside for newcomers. Investors looking for the bigger opportunities built into the positive construction outlook may want to consider the names that also - but quietly - benefit from rising construction activity... off-the-radar names like CES Synergies Inc. (OTCBB:CESX).
Hot Mid Cap Stocks To Watch For 2015: Alcobra Ltd (ADHD)
Alcobra Ltd is an Israel-based Biopharmaceutical company. It focuses on the development and commercialization of a proprietary drug, MG01CI, to treat Attention Deficit Hyperactivity Disorder (ADHD), a common and morbid neuropsychiatric condition in children and adults. Adult ADHD is associated with increased health risks and healthcare costs, higher divorce rates, lower levels of socioeconomic attainment, lower academic achievement, unemployment and work place deficits, increased risks for motor vehicle accidents, greater likelihood of additional psychiatric disorders, increased criminal activity and incarceration, and higher rates of substance use and abuse. MG01CI product has completed phase two studies. Advisors' Opinion:- [By Roberto Pedone]
A biopharmaceutical stock that's starting to trend within range of triggering a big breakout trade is Alcobra (ADHD), which is engaged in the development and commercialization of its proprietary drug, MG01CI, to treat attention deficit hyperactivity disorder. This stock has been on fire so far in 2013, with shares up huge by 126%.
If you take a look at the chart for Alcobra, you'll notice that this stock has been trending sideways and consolidating over the last month and change, with shares moving between $14.78 on the downside and $18.75 on the upside. Shares of ADHD have now started to uptrend a bit over the last few weeks, with shares moving higher from its low of $15.05 to its recent high of $18.45 share. That move has started to push shares of ADHD within range of triggering a big breakout trade above the upper-end of its recent sideways trading chart pattern.
Traders should now look for long-biased trades in ADHD if it manages to break out above its 50-day moving average of $17.79 a share, and then once it takes out some more key overhead resistance levels at $18.45 to $18.75 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 74,869 shares. If that breakout triggers soon, then ADHD will set up to re-test or possibly take out its next major overhead resistance levels at $22 to $24 a share. Any high-volume move above those levels will then give ADHD a chance to re-test or possibly take out its all-time high at $26.96 a share.
Traders can look to buy ADHD off any weakness to anticipate that breakout and simply use a stop that sits right below some near-term support levels at $16.17 to $15.05 a share, or around $14.78 a share. One could also buy ADHD off strength once it starts to clear those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Hot Mid Cap Stocks To Watch For 2015: VIVUS Inc (VVUS)
VIVUS, Inc., incorporated on May 16, 1996, is a biopharmaceutical company. It commercializes and develops therapies to address unmet needs in obesity, sleep apnea, diabetes and sexual health. The Company's drug, Qsymia (phentermine and topiramate extended-release) was approved by the the United States Food and Drug Administration (FDA) for the treatment of obesity as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adult patients with an initial body mass index (BMI) of 30 or greater (obese), or 27 or greater (overweight) in the presence of at least one weight-related comorbidity, such as hypertension, type 2 diabetes mellitus or high cholesterol (dyslipidemia). Qsymia incorporates low doses of active ingredients from two previously approved drugs, phentermine and topiramate. It has completed Phase 2 clinical studies for Qsymia for the treatment of sleeps apnea and Qsymia for the treatment of type 2 diabetes. Its drug also includes STENDRA, or avanafil.
Qsymia for the treatment of obesity was approved as an adjunct to a reduced-calorie diet and increased physical activity for chronic weight management in adult patients with an initial BMI of 30 or greater (obese), or 27 or greater (overweight) in the presence of at least one weight-related comorbidity, such as hypertension, type 2 diabetes mellitus or high cholesterol (dyslipidemia). Qsymia incorporates low doses of active ingredients from two previously approved drugs, phentermine and topiramate.
The Company initially launched Qsymia for distribution to eligible patients through the home delivery networks of two certified pharmacies, CVS Pharmacy and Walgreens. Since then, it has expanded the distribution of Qsymia to include the home delivery networks of Express Scripts, Wal-Mart Pharmacy and, for its members only, Kaiser Permanente. Clinical studies of topiramate, a component of Qsymia, in type 2 diabetics resulted in a clinically reduction of hemoglobin A1c (HbA1c). The! Company's drug, STENDRA (avanafil), is an oral PDE5 inhibitor the Company has licensed from Mitsubishi Tanabe Pharma Corporation (MTPC).
Advisors' Opinion:- [By Brian Orelli]
Unfortunately, having Wyeth's Fen-Phen and Abbott Labs' Meridia pulled off the market because of side effect issues made many doctors wary of treatments. VIVUS (NASDAQ: VVUS ) got off to a very slow start, selling just $4.1 million of its obesity drug Qsymia in the first quarter, its second full quarter on the market.
Hot Mid Cap Stocks To Watch For 2015: Carnival Corporation(CCL)
Carnival Corporation operates as a cruise and vacation company. It provides cruises to various vacation destinations with a portfolio of cruise brands comprising Carnival Cruise Lines, Holland America Line, Princess Cruises, and Seabourn in North America; and AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, and P&O Cruises in Europe, Australia, and Asia. The company also involves in operation of hotels, as well as offers tour and transportation services. It operates approximately 98 ships, as well as owns and operates 15 hotels or lodges that include 3,420 guest rooms; 395 motorcoaches; and 20 domed rail cars. The company sells its cruises through travel agents, including wholesalers and tour operators. Carnival Corporation was founded in 1974 and is headquartered in Miami, Florida.
Advisors' Opinion:- [By Jon C. Ogg]
Carnival Corp. (NYSE: CCL) was downgraded to Underweight from Equal Weight at Morgan Stanley. The cruise line operator also was�downgraded to Neutral from Buy at Bank of America Merrill Lynch.
- [By Michael Flannelly]
Early on Tuesday, cruise operator Carnival Corporation (CCL) reported a decline in third quarter profits, despite a slight rise in revenues. Nonetheless, both adjusted earnings and revenues topped Wall Street estimates. However, shares of the company plummeted in early morning trading after the company issued a weak fourth quarter outlook.
The Miami, Florida-based company posted a third quarter net income of $934 million, or $1.20 per share, down from $1.33 billion, or $1.71 per share, earned in the same period a year ago.
These quarterly results included $176 million and $27 million in impairment charges. Excluding these one-time items, Carnival posted an adjusted net income of $1.07 billion, or $1.38 per share, in the third quarter, down from $1.19 billion, or $1.53 per share, last year. According to analysts polled by Thomson Reuters, the company was expected to earn an adjusted $1.30 per share in the quarter.
Carnival’s quarterly revenues increased to $4.73 billion in the third quarter, up from the $4.68 billion in revenues posted in the prior year quarter. On average, analysts were expecting the company to see $4.65 billion in revenues.
Looking ahead to the fourth quarter, Carnival expects to see earnings in the range of a loss of 3 cents per share to a profit of 3 cents per share, versus last year’s fourth quarter adjusted net earnings of 14 cents per share. Analysts are expecting the company to see earnings of 9 cents per share in the fourth quarter.
For the full year, Carnival expects adjusted earnings to come in between $1.51 and $1.57 per share, versus the prior outlook of earnings between $1.45 and $1.65 per share. Analysts are expecting the company to see earnings of $1.55 per share in fiscal 2013.
Carnival Corp shares were down $2.33, or 6.23%, during early morning trading on Tuesday. The stock is down 4.84% year-to-date.
Hot Mid Cap Stocks To Watch For 2015: Western Asset Mortgage Capital Corp (WMC)
Western Asset Mortgage Capital Corporation is focused on investing in, financing and managing primarily residential mortgage-backed securities (RMBS), which are not issued or guaranteed by a United States Government agency or federally chartered corporation, or non-Agency RMBS. The Company also focuses on investing in commercial mortgage-backed securities (CMBS), and other asset-backed securities (ABS), as well as RMBS for which a United States Government agency or federally chartered corporation guarantees payments of principal and interest on the securities, or Agency RMBS.
The Company is managed and advised by Western Asset Management Company. As of June 12, 2009, the Company had not made any investments.
Advisors' Opinion:- [By Amanda Alix]
Second-quarter upset
As if that news wasn't bad enough, book value took a nasty hit, too. The drop from $12.87 at the end of March to $10.20 at the end of June was huge, even considering the $0.34 dividend paid on June 10. Earlier in the day, Deutsche Bank had downgraded a handful of mREITs, including Western Asset Mortgage (NYSE: WMC ) , based on book value declines of up to 16% during the second quarter. CYS, even factoring in its payout, suffered a drop of closer to 19%.
Hot Mid Cap Stocks To Watch For 2015: RealNetworks Inc.(RNWK)
RealNetworks, Inc. provides network-delivered digital media products and services to manage, play, and share digital media in the United States, Europe, and internationally. It develops and markets software products and services that enable the creation, distribution, and consumption of digital media, including audio and video. The company?s Core Products segment develops and provides software as a service (SaaS) services, including ring-back tone, music-on-demand, video-on-demand, and messaging services for mobile carriers; and e-commerce services, such as business intelligence, subscriber management, and billing for carrier customers. It also licenses Helix server software that allows companies and institutions to broadcast live and on-demand audio, video, and other multimedia programming to users over the Internet. In addition, this segment provides professional and systems integration services; and SuperPass, a subscription service, which provides consumers with acces s to a range of digital entertainment content. Its Emerging Products segment offers RealPlayer, a media player software, which include features and services that enable consumers to discover, play, download, manage, and edit digital video. The company?s Games segment is involved in developing, publishing, licensing, and distributing casual games, such as board, card, puzzle, word, and hidden-object games for PC?s, social networks, mobile handsets, and smartphones through digital download, online subscription play, third-party portals, social networks, and mobile devices. It distributes games principally in North America, Europe, and Latin America through the company?s own Websites, which are operated under the GameHouse, Zylom, and Atrativa brands, and through Websites owned or managed by third parties. RealNetworks, Inc. was founded in 1994 and is headquartered in Seattle, Washington.
Advisors' Opinion:- [By Carol Hymowitz]
CEOs who aren�� comfortable around technology and digital trends will have difficulty setting strategy for the future, said Dawn Lepore, former CEO of Drugstore.com and a director at AOL Inc., TJX Cos. (TJX) and RealNetworks Inc. (RNWK)
Hot Mid Cap Stocks To Watch For 2015: Euro FX(P)
Ecopetrol S.A. operates as an integrated oil company in Colombia, Peru, Brazil, and the U.S. Gulf Coast. The company engages in the exploration, development, and production of crude oil and natural gas. As of December 31, 2010, its proved reserves of crude oil and natural gas consisted of 1,714.0 million barrels of oil equivalent. The company also transports crude oil, motor fuels, fuel oil, and other refined products, as well as mixture of diesel and palm oil. It owns transportation network consisting of 3,003 kilometers of crude oil pipeline directly, as well as an additional 2,178 kilometers of crude oil pipeline with its business partners; and 3,017 kilometers of multi-purpose pipelines for transportation of refined products from refinery to wholesale distribution points. As of the above date, Ecopetrol S.A. owned 58 stations with a nominal storage capacity of 19 million barrels of crude oil and 6 million barrels of refined products. In addition, the company owns and o perates refineries that produce a range of refined products, including gasoline, diesel, kerosene, jet fuel, aviation fuel, liquefied petroleum gas, sulfur, heavy fuel oils, motor fuels, and petrochemicals, including paraffin waxes, lube base oils, low-density polyethylene, aromatics, asphalts, alkylates, cyclohexane and aliphatic solvents, and refinery grade propylene, as well as provides industrial services to third parties. Further, it markets various refined and feed stock products, including regular and high octane gasoline, diesel fuel, jet fuel, natural gas, and petrochemical products. The company was formerly known as Empresa Colombiana de Petroleos and changed its name to Ecopetrol S.A. in June 2003. Ecopetrol S.A. was founded in 1948 and is based in Bogota, Colombia.
Advisors' Opinion:- [By Rex Crum]
Pandora (P) �plunged more than 16% to end the week at $23.51 a share. On Thursday, Pandora reported better-than-expected sales and narrowed its first-quarter loss from a year ago. But investors focused on a second-quarter forecast that it would break even or earn up to 3 cents a share on revenue between $213 million and $218 million. Analysts had been forecasting earnings of 5 cents a share on $218 million in sales.
- [By WALLSTCHEATSHEET]
Pandora is an Internet radio company that attempts to predict listener preferences and find music they love. The stock is now recovering from selling pressure experienced since its initial public offering in 2011. Over the last four quarters, earnings have been mixed while revenue figures have increased, overall making investors in the company happy. Relative to its peers and sector, Pandora has been a year-to-date performance leader. Look for Pandora to OUTPERFORM.
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