Gapping up
In reaction to strong earnings/guidance: CMA +5.3%, ICUI +2% (light volume), VLO +1.5%, USB +1.2%, MMR +1.1%, (ticking higher), KO +1%, DDIC +0.8%, JNJ +0.6%, (light volume), .
M&A news: FCX +1.8% (higher following reports suggesting potential M&A interest), SRSL halted (SRS Labs to be acquired by DTSI in cash-and-stock transaction valued at $9.50 per share).
Financial related names showing strength: NBG +5%, ING +5% (upgraded to Neutral from Underperform at Exane BNP Paribas), IRE +4.1%, BCS +4%, ING +3.6%, DB +3.4%, CS +3%, UBS +2.6%, BAC +2.4%, C +1.5%, HBC +1.4%.
Select oil/gas related names showing strength: E +2.4% (upgraded to Buy from Hold at Jefferies), SLB +2.1%, RDS.A +1%, BP +0.9%, TOT +0.6%.
Other news: PESI +15.5% (is part of a team awarded two major clean-up agreements at Los Alamos National Laboratory ), GMXR +9.7% (provides an operational update), LNG +5.9% (has gained approval from the Federal Government to build what would be the largest US natural-gas export terminal, according to reports), PSTI +5.9% (receives FDA clearance for Phase 2 clinical trial in Intermittent Claudication), MDAS +4% (SAC Capital discloses 5.6% stake in 13G filing), SQNM +3.5% (ticking higher, announces amendment to multi-year supply agreement with Illumina), QGEN +1.7% (Qiagen receives FDA clearances for Rotor-Gene Q MDx instrument and compatible influenza A/B assay), CLH +0.6% (positive mention on MadMoney), .
Analyst comments: TSL +6.2% (upgraded to Buy from Hold at Auriga), TNK +2.2% (upgraded to Neutral from Underperform at BofA/Merrill), SAP +1.5% (upgraded to Buy from Hold at Societe Generale ), MLNX +1.4% (upgraded to Outperform from Sector Perform at Pacific Crest), QCOM +0.4% (initiated with an Outperform at Raymond James).
Goldman Sachs on täna väljas positiivsete kommentaaridega Universal Display (PANL) kohta.
Source of opportunity
Universal Display (PANL) remains our favorite idea. We believe PANL shares offer the best risk/reward in our coverage universe, with our $68, 12-month price target implying 88% upside. Consensus estimates, in our view, continue to under-appreciate PANL’s earnings power, particularly in the near-to-medium term, and shares have continued to underperform (- 2% YTD vs. +9% for S&P 500). Our 2012E/2013E EPS of $0.92/$2.80 are 22%/49% above the Street. Longer term, we can envision a credible, bull- case scenario in which OLED market growth and share gains drive PANL’s EPS toward $10 over the next 3 to 5 years.
Analüütikute hinnagul pakuvad PANL aktsiad hetkel parimat riski/kasumi suhet, sest konsenuse ootused on ettevõtte suhtes liialt konservatiivsed ja alahindavad PANL-i kasumiteenimise võimet.
Catalyst
With PANL shares now toward the low end of a recent trading range of $35-$45, we believe shares are poised to outperform over the next 12 mos.
Near-term earnings expectations are too low, in our view:
Consensus estimates have moved lower in recent months even as PANL has delivered positive EPS surprises in five of the past six quarters. We think this backdrop of increasingly negative sentiment could amplify the positive impact of EPS beat-and-raises in 2012, driving PANL shares higher.
Ühtlasi usuvad analüütikud, et kvartalitulemuste osas on konsenuse ootused samuti liiga madalad. Kuigi PANL on viimased 5-6 kvartalit üllatanud positiivse EPS-i üllatusega, siis ettevõtte prognoose on sellegi poolest alla toodud.
Long-term OLED growth paves a path toward $10 EPS for PANL:
We expect the OLED display market to grow from $6-$7 bn in revenue in 2012 to over $20 bn by 2015, driven by proliferation across devices and OEMs.
We can envision an upside scenario where PANL could approach $10 in EPS by 2015, with a downside scenario suggesting $3-$4 of EPS.
Analüütikud usuvad, et OLED turg kasvab käesoleva aasta $ 6-7 miljardist üle $ 20 miljardi 2015. aastaks .
Goldman Sachs kinnitab oma Osta soovitust koos $ 68 hinnasihiga.
Antud call on mõnevõrra vastuoluline, sest tegemist ei ole reitingumuutusega ja uut infot see ettevõtte tegemiste kohta samuti ei anna. Samas on PANL väga hea liikuja, kus lühikeseksmüüjate osakaal on 36%. Konservatiivne suhtumine tuleb täna kasuks.
Hetkel kaupleb PANL $ 1,9% plusspoolel, $ 36,26 juures.
Source of opportunity
Universal Display (PANL) remains our favorite idea. We believe PANL shares offer the best risk/reward in our coverage universe, with our $68, 12-month price target implying 88% upside. Consensus estimates, in our view, continue to under-appreciate PANL’s earnings power, particularly in the near-to-medium term, and shares have continued to underperform (- 2% YTD vs. +9% for S&P 500). Our 2012E/2013E EPS of $0.92/$2.80 are 22%/49% above the Street. Longer term, we can envision a credible, bull- case scenario in which OLED market growth and share gains drive PANL’s EPS toward $10 over the next 3 to 5 years.
Analüütikute hinnagul pakuvad PANL aktsiad hetkel parimat riski/kasumi suhet, sest konsenuse ootused on ettevõtte suhtes liialt konservatiivsed ja alahindavad PANL-i kasumiteenimise võimet.
Catalyst
With PANL shares now toward the low end of a recent trading range of $35-$45, we believe shares are poised to outperform over the next 12 mos.
Near-term earnings expectations are too low, in our view:
Consensus estimates have moved lower in recent months even as PANL has delivered positive EPS surprises in five of the past six quarters. We think this backdrop of increasingly negative sentiment could amplify the positive impact of EPS beat-and-raises in 2012, driving PANL shares higher.
Ühtlasi usuvad analüütikud, et kvartalitulemuste osas on konsenuse ootused samuti liiga madalad. Kuigi PANL on viimased 5-6 kvartalit üllatanud positiivse EPS-i üllatusega, siis ettevõtte prognoose on sellegi poolest alla toodud.
Long-term OLED growth paves a path toward $10 EPS for PANL:
We expect the OLED display market to grow from $6-$7 bn in revenue in 2012 to over $20 bn by 2015, driven by proliferation across devices and OEMs.
We can envision an upside scenario where PANL could approach $10 in EPS by 2015, with a downside scenario suggesting $3-$4 of EPS.
Analüütikud usuvad, et OLED turg kasvab käesoleva aasta $ 6-7 miljardist üle $ 20 miljardi 2015. aastaks .
Goldman Sachs kinnitab oma Osta soovitust koos $ 68 hinnasihiga.
Antud call on mõnevõrra vastuoluline, sest tegemist ei ole reitingumuutusega ja uut infot see ettevõtte tegemiste kohta samuti ei anna. Samas on PANL väga hea liikuja, kus lühikeseksmüüjate osakaal on 36%. Konservatiivne suhtumine tuleb täna kasuks.
Hetkel kaupleb PANL $ 1,9% plusspoolel, $ 36,26 juures.
March Housing Starts 654K vs 700K Briefing.com consensus; Prior revised to 694K from 698K
March Building Permits 747K vs 710K Briefing.com consensus; Prior revised to 715K from 717K
March Building Permits 747K vs 710K Briefing.com consensus; Prior revised to 715K from 717K
IMF on värskendanud oma majandusprognoose (eelmised pärinesid jaanuarist)
World Output Real GDP raised to +3.5% from +3.3%... 2013 raised to +4.1% from +4.0%.
U.S. 2012 GDP raised to 2.1% from +1.8%; 2013 raised to +2.4% from +2.2%
Euro Area- Spain lowered, the rest raised
Euro Area 2012 GDP raised to -0.3% from -0.5%; 2013 raised to +0.9% from +0.8%
Germany 2012 GDP raised to +0.6% from +0.3%; 2013 unchanged at +1.5%
France 2012 raised to +0.5% from +0.3%; 2013 unchanged at +1.0%
Italy 2012 GDP raised to -1.9% from -2.1%; 2013 raised to -0.3% from -0.6%
Spain 2012 GDP lowered to -1.8% from -1.6%; 2013 raised to +0.1% from -0.3%
BRICs- China, Russia, Brazil raised, India lowered
China 2012 GDP raised to +8.2% from +8.1%; 2013 unchanged at +8.8%
Russia 2012 GDP raised to +4.0% from +3.3%; 2013 raised to +3.9% from +3.5%
India 2012 GDP lowered to +6.9% from +7.0%; 2013 unchanged at +7.3%
Brazil 2012 GDP raised to +3.0% from +2.9%; 2013 raised to +4.1% from +4.0%
World Output Real GDP raised to +3.5% from +3.3%... 2013 raised to +4.1% from +4.0%.
U.S. 2012 GDP raised to 2.1% from +1.8%; 2013 raised to +2.4% from +2.2%
Euro Area- Spain lowered, the rest raised
Euro Area 2012 GDP raised to -0.3% from -0.5%; 2013 raised to +0.9% from +0.8%
Germany 2012 GDP raised to +0.6% from +0.3%; 2013 unchanged at +1.5%
France 2012 raised to +0.5% from +0.3%; 2013 unchanged at +1.0%
Italy 2012 GDP raised to -1.9% from -2.1%; 2013 raised to -0.3% from -0.6%
Spain 2012 GDP lowered to -1.8% from -1.6%; 2013 raised to +0.1% from -0.3%
BRICs- China, Russia, Brazil raised, India lowered
China 2012 GDP raised to +8.2% from +8.1%; 2013 unchanged at +8.8%
Russia 2012 GDP raised to +4.0% from +3.3%; 2013 raised to +3.9% from +3.5%
India 2012 GDP lowered to +6.9% from +7.0%; 2013 unchanged at +7.3%
Brazil 2012 GDP raised to +3.0% from +2.9%; 2013 raised to +4.1% from +4.0%
My only complaint: You can't bend the things. We still must wait for the day of the roll-up TV.
PANL, andke kuuma
PANL, andke kuuma
stocker
My only complaint: You can't bend the things. We still must wait for the day of the roll-up TV.
PANL, andke kuuma
detsembri GS PANL open $35.35, high $35.49, low $32.98, close $34.06. eelmise päeva close oli $34.54.
No tal ei ole midagi uut öelda, best risk reward, OLED play, ja $68 tgt!!!!
80`s coming back :)
March Industrial Production +0.0% vs. +0.2% Briefing.com consensus; Capacity Utilization 78.6% vs. 78.5% Briefing.com consensus
Erko Rebane
Vaesuse tase on Kreekas viimastel aastatel üsna drastiliselt kasvanud. Kui Eurostati kohaselt elas 2009.a 20% kreeklastest alla vaesuse piiri, siis hetkel arvatakse seda olevat üle 30% ning prognoositakse jõudmist 40% juurde.
Kuna vaesuse puhul on tegemist suhtelise vaesusega, ehk mingist kokkulepitud piirist allapoole jääjatega, siis siingi kumab läbi kreeklaste enese üle hindamine. Kui nad laseksid vaesuspiiri Eesti tasemele, väheneks nende "vaesus" drastiliselt.
Müügi poolel on vaja ju nägu näidata, et meie teeme ka tööd. :)
jaheErko Rebane
Vaesuse tase on Kreekas viimastel aastatel üsna drastiliselt kasvanud. Kui Eurostati kohaselt elas 2009.a 20% kreeklastest alla vaesuse piiri, siis hetkel arvatakse seda olevat üle 30% ning prognoositakse jõudmist 40% juurde.
Kuna vaesuse puhul on tegemist suhtelise vaesusega, ehk mingist kokkulepitud piirist allapoole jääjatega, siis siingi kumab läbi kreeklaste enese üle hindamine. Kui nad laseksid vaesuspiiri Eesti tasemele, väheneks nende "vaesus" drastiliselt.
võimalik aga see, et Eurostat uuringut läbi viib lisab veidi kredibiilsust :)
IMF andis omalt poolt Euroopa Keskpangale rohelise tule monetaarpoliitika edasisel lõdvendamisel:
Lisaks leiab IMF, et ka Inglismaa keskpangal on ruumi veel raha juurde pumbata.
The ECB has some room to further lower the policy rate, given that inflation is projected to fall appreciably below the ECB’s “close to but below” 2 percent inflation target over the medium term and that risks of second-round effects from high oil prices or tax and administrative price hikes appear small––WEO projections see headline consumer price index inflation falling to about 1½ percent by 2013, below the ECB’s target. Low levels of domestic inflation can hinder much-needed improvement in debtors’ balance sheets and stand in the way of much-needed adjustments in competitiveness. The ECB’s unconventional policies need to continue to ensure orderly conditions in funding markets and thereby facilitate the pass-through of monetary policy to the real economy.
Lisaks leiab IMF, et ka Inglismaa keskpangal on ruumi veel raha juurde pumbata.
Doug Kass ca pool tundi tagasi:
I just rented a short in QQQ at 66.50. $QQQ
We are back to the market without memory - good for traders but not so good for the buy and hold crowd
I just rented a short in QQQ at 66.50. $QQQ
We are back to the market without memory - good for traders but not so good for the buy and hold crowd
PANL oli täna täitsa kena. Aktsia avanes $ 36,60 pealt ja on sealt alates ülepoole tiksunud, kaubeldes hetkel $ 38,65 juures, 8,5% plusspoolel.
Nagu eelpool sai mainitud, siis Itaalia valitsus kavatseb langetada käesoleva aasta SKT prognoosi ja kuigi ühe ametniku sõnul ei pidanud see olema nii pessimistlik nagu EK oma (-1,3%), siis eks ta tehniliselt vist nii ole...
Headlines crossing that Italian government will lower its 2012 GDP forecast to -1.2% from -0.4%; raises its 2013 GDP to +0.5% from +0.3% according to a government document draft
IMF, kelle nägemus on veelgi negatiivsem, ei usu, et Itaalia valitsus suudab oma eelarvedefitsiidi eesmärke täita
IMF sees Italy Debt-GDP ratio at 123% in 2012 and 2013; prior outlook 120%; Sees 2012 Budget deficit at 2.4% of GDP (Gov't tgt 1.6%) and 2013 Deficit 1.5% (Gov't tgt 0.1%) Lekkinud mustandi kohaselt peaksid Itaalia valitsuse uued defitsiidi eesmärgid olema siiski 1,7% sel aastal ja 0,5% tuleval aastal.
Headlines crossing that Italian government will lower its 2012 GDP forecast to -1.2% from -0.4%; raises its 2013 GDP to +0.5% from +0.3% according to a government document draft
IMF, kelle nägemus on veelgi negatiivsem, ei usu, et Itaalia valitsus suudab oma eelarvedefitsiidi eesmärke täita
IMF sees Italy Debt-GDP ratio at 123% in 2012 and 2013; prior outlook 120%; Sees 2012 Budget deficit at 2.4% of GDP (Gov't tgt 1.6%) and 2013 Deficit 1.5% (Gov't tgt 0.1%) Lekkinud mustandi kohaselt peaksid Itaalia valitsuse uued defitsiidi eesmärgid olema siiski 1,7% sel aastal ja 0,5% tuleval aastal.
CREE alla ootuste:
Cree prelim $0.20 vs $0.21 Capital IQ Consensus Estimate; revs $284.8 mln vs $300.57 mln Capital IQ Consensus Estimate
Aktsia kauplemas 7% miinuspoolel $ 28,80
Cree sees Q4 $0.20-0.26 vs $0.28 Capital IQ Consensus Estimate; sees revs $295-315 mln vs $323.61 mln Capital IQ Consensus Estimate
Cree prelim $0.20 vs $0.21 Capital IQ Consensus Estimate; revs $284.8 mln vs $300.57 mln Capital IQ Consensus Estimate
Aktsia kauplemas 7% miinuspoolel $ 28,80
Cree sees Q4 $0.20-0.26 vs $0.28 Capital IQ Consensus Estimate; sees revs $295-315 mln vs $323.61 mln Capital IQ Consensus Estimate
STX Seagate Tech prelim $2.64 vs $2.10 Capital IQ Consensus Estimate; revs $4.45 bln vs $4.36 bln Capital IQ Consensus Estimate
INTC Intel prelim $0.56 vs $0.53 Capital IQ Consensus Estimate
Intel sees Q2 revs $13.1-14.1 bln vs $13.41 bln Capital IQ Consensus Estimate
IBM prelim $2.78 vs $2.63 Capital IQ Consensus Estimate; revs $24.7 bln vs $24.81 bln Capital IQ Consensus Estimate
INTC Intel prelim $0.56 vs $0.53 Capital IQ Consensus Estimate
Intel sees Q2 revs $13.1-14.1 bln vs $13.41 bln Capital IQ Consensus Estimate
IBM prelim $2.78 vs $2.63 Capital IQ Consensus Estimate; revs $24.7 bln vs $24.81 bln Capital IQ Consensus Estimate
Warren Buffet diagnosed with stage I prostate cancer