After falling 265 points and setting the record for the biggest one-day decline in 2013 yesterday, the Dow Jones Industrial Average (DJINDICES: ^DJI ) has turned things around today, up 126 points, or 0.86%, as of 12:45 p.m. EDT. The other major indexes have also made an about-face: The S&P 500 has gained 1.08% after losing 2.3% yesterday, while the NASDAQ rebounded from yesterday's 2.38% drop to gain 1.19% today.
A few favorable economic data points and one great earnings report from Coke are likely behind the more positive sentiment among market participants today. Every one of the 30 Dow stocks is in the green today, although some are struggling to keep up with the broader market.
Shares of Wal-Mart (NYSE: WMT ) are up a meager 0.1% after the company's closest competitor, Target (NYSE: TGT ) , warned investors today that is first-quarter profit and sales would be lower than previously forecast. Target cited disappointing sales in its seasonal and weather-sensitive categories as the reason for the earnings miss. Today investors are assuming that Target's downbeat guidance bodes ill for Wal-Mart, which reports earnings on May 16.
Top 10 Stocks To Watch Right Now: Pound/Canadian(PW)
Power REIT is an independent equity infrastructure real estate investment trust. It invests in the real estate markets of the United States. The firm develops, manages, and invests in embedded real-estate in transportation and energy infrastructure. Power REIT was formed in 1916 and is based in West Babylon, New York.
Top 10 Stocks To Watch Right Now: Reis Inc(REIS)
Reis, Inc., through its subsidiary, Reis Services, provides commercial real estate market information and analytical tools in the United States. The company maintains a proprietary database containing information on commercial real properties, including apartment, office, retail, and industrial properties in the metropolitan markets and neighborhoods. Its data is used by real estate investors, lenders, and other professionals to make informed buying, selling, and financing decisions; and debt and equity investors to assess, quantify, and manage the risks of default and loss associated with individual mortgages, properties, portfolios, and real estate backed securities. The company?s products include Reis SE and ReisReports that provide online access to a proprietary database of commercial real estate information and analytical tools designed to facilitate debt and equity transactions, and ongoing evaluations; and trend and forecast analysis at metropolitan and neighborhoo d levels, as well as to building-specific information, such as rents, vacancy rates, lease terms, property sales, new construction listings, and property valuation estimates. It serves banks, other financial institutions, investment funds, equity owners, regulators, brokers, and appraisers, as well as property owners, developers, and builders. The company was founded in 1980 and is based in New York, New York.
Top Consumer Service Stocks To Own Right Now: Sociedad Quimica y Minera S.A.(SQM)
Chemical and Mining Company of Chile Inc. engages in the production and sale of fertilizers and specialty chemicals in Chile and internationally. The company?s specialty plant nutrients include potassium nitrate, sodium nitrate, sodium potassium nitrate, and specialty blends for crops, such as vegetables, fruits, flowers, potatoes, and cotton, as well as Ultrasol for application via fertigation; Qrop for field application; Speedfol for foliar application; Allganic for organic farming; and Nutrilake for aquaculture. It also produces iodine and iodine derivatives, which are used in a range of medical, pharmaceutical, agricultural, and industrial applications, including X-ray contrast media, polarizing films for liquid crystal displays (LCDs), antiseptics, biocides, and disinfectants; and in the synthesis of pharmaceuticals, herbicides, electronics, pigments, dye components, and heat stabilizers. In addition, the company provides lithium carbonate for use in various applicat ions comprising batteries, frits for the ceramic and enamel industries, heat-resistant glass, primary aluminum, lithium bromine for use in air conditioner equipment, and continuous casting powder for steel extrusion, pharmaceuticals, and lithium derivatives; and lithium hydroxide, which is used as a raw material in the lubricating grease industry. Further, it offers various industrial chemicals, such as sodium nitrate, potassium nitrate, and boric acid; and potassium chloride and potassium sulfate. The company was founded in 1968 and is based in Santiago, Chile.
Advisors' Opinion:- [By John Reese]
Sociedad Quimica is one of our plays in international markets and emerging markets that we think will bounce back in 2012. SQM is based in Chile, a great emerging market. The company has a great economic moat as it owns a lot of natural resources in Chile that are not able to be mined or processed by other companies. The company will continue to grow at strong rates as Chile emerges, and we believe that the company has a lot of potential in 2012. We have an $84 target, which gives a lot of upside for the company. Further, SQM gives us a solid 1.85% dividend.
Allocation: $1500
Entry: $54.90
Target: $60, $65, and $84
Top 10 Stocks To Watch Right Now: Yhi International Limited (Y08.SI)
YHI International Limited, an investment holding company, engages in the import, export, and distribution of automotive and industrial products. The company offers automotive products, including tires, alloy wheels, and automotive batteries; and industrial commercial products, such as industrial batteries and golf buggies. It also designs, develops, manufactures, markets, and distributes alloy wheels and alloy wheel moulds, as well as offers tires under the Neuton brand name; and industrial and automotive batteries under the Neuton Power brand name. In addition, the company engages in the retail of tires, alloy wheels, industrial batteries, and related goods. YHI International Limited operates primarily in Singapore, Malaysia, China, Hong Kong, Taiwan, Australia, and New Zealand. The company was founded in 1948 and is headquartered in Singapore. YHI International Limited is a subsidiary of YHI Holdings Pte Ltd.
Top 10 Stocks To Watch Right Now: Wolverine Bancorp Inc.(WBKC)
Wolverine Bancorp, Inc. operates as a holding company for Wolverine Bank that provides banking and financial services primarily to individuals, families, and businesses in the Great Lakes Bay Region of Michigan, the United States. It accepts various deposit accounts, including statement savings accounts, certificates of deposit, money market accounts, commercial and regular checking accounts, retirement accounts, and health savings accounts. The company?s loan products comprise commercial real estate loans, such as multi-family loans and land loans; one-to four-family residential mortgage loans and home equity loans; and lines of credit and construction loans and commercial non-mortgage loans; and consumer loans consisting of mobile home loans, automobile loans, loans secured by savings deposits, and other consumer loans. It operates three banking offices located in Midland; and one banking office in Frankenmuth and a loan center in Saginaw, Michigan. The company was foun ded in 1933 and is headquartered in Midland, Michigan.
Top 10 Stocks To Watch Right Now: Curlew Lake Resources Inc. (CWQ.V)
Curlew Lake Resources Inc. engages in the acquisition, exploration, and development of mineral properties, as well as in the production of oil and gas in Canada and the United States. The company explores for gold and silver. It holds a 100% interest in the Typhoon mineral claims that include 117 mineral claims in the Clear Creek District of the Yukon. The company also has interests in oil and gas properties primarily in Alberta. Curlew Lake Resources Inc. was incorporated in 1987 and is based in Langley, Canada.
Top 10 Stocks To Watch Right Now: Ameriana Bancorp(ASBI)
Ameriana Bancorp operates as the holding company for Ameriana Bank, a state-chartered commercial bank that provides a range of consumer and commercial banking services in Indiana. The company involves in accepting deposits from the general public and investing those funds in various types of loan products. Its deposit products include savings accounts, interest-bearing and noninterest-bearing checking accounts, money market accounts, fixed interest rate certificates, and negotiated rate jumbo certificates; and loan products comprise single-family and multi-family mortgage loans, construction loans, commercial real estate loans, commercial and industrial loans, small business loans, home improvement loans, and consumer loans. The company, through the subsidiaries of its bank, also offers insurance products and investment brokerage services. It operates through its main office in New Castle and 12 branch offices in New Castle, Middletown, Knightstown, Morristown, Greenfield, Anderson, Avon, McCordsville, Carmel, Fishers, Westfield, and New Palestine, Indiana, as well as a loan production office in Carmel, Indiana. The company was founded in 1890 and is headquartered in New Castle, Indiana.
Top 10 Stocks To Watch Right Now: Digital Realty Trust Inc.(DLR)
Digital Realty Trust, Inc., a real estate investment trust (REIT), through its controlling interest in Digital Realty Trust, L.P., engages in the ownership, acquisition, development, redevelopment, and management of technology-related real estate. It focuses on strategically located properties containing applications and operations critical to the day-to-day operations of technology industry tenants and corporate enterprise datacenter users, including the information technology departments of Fortune 1000 companies, and financial services companies. The company?s property portfolio consists of Internet gateway properties, corporate datacenter properties, technology manufacturing properties, and regional or national offices of technology companies. As of December 31, 2008, Digital Realty?s portfolio consisted of 75 properties, including 62 located in North America and 13 located in Europe. Digital Realty Trust has elected to be treated as a REIT for federal income tax purpo ses and would not be subject to income tax, if it distributes at least 90% of its REIT taxable income to its stockholders. The company was founded in 2004 and is headquartered in San Francisco, California with additional offices in Boston, Chicago, Dallas, Los Angeles, New York, Northern Virginia, and Phoenix, as well as in Dublin, London, and Paris.
Advisors' Opinion:- [By Squeeze Ideas]
REIT. Market cap of $5.26B. Short float at 21.8% (equivalent to 13.46 days of average volume).
Net Income grew by 44.4% ($35.22M vs. $24.39M y/y), while Operating Cash Flow grew by 44.54% ($147.78M vs. $102.24M y/y) (comparing 3 months ending 2010-12-31 vs. 3 months ending 2009-12-31).
Other Highlights: The company has a track record of outperforming its competitors. Over the last five years, EPS grew by 22.16%, higher than the industry average at 3.11%, while revenues grew by 33.07%, outperforming the industry average at 7.41%.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Top 10 Stocks To Watch Right Now: Rambler Metals And Mining Plc(RAB.V)
Rambler Metals & Mining PLC, a junior mining company, engages in the exploration and development of mineral properties in Canada. It principally holds a 100% interest in the Ming copper-gold mine located on Newfoundland and Labrador?s Baie Verte Peninsula. The company is based in Sutton, the United Kingdom.
Top 10 Stocks To Watch Right Now: Loring Ward Intl Ltd (LW.TO)
Leisureworld Senior Care Corp., through its subsidiaries, provides long-term care (LTC) services in Ontario, Canada. As of July 17, 2012, it owned and operated 27 LTC homes in Ontario with 4,474 beds; and 6 retirement residences and 1 independent living residence in Ontario and British Columbia. The company�s homes provide professional nursing and personal support services for community-based home healthcare and LTC homes; and purchasing services, as well as dietary, social work, and other regulated health professional services to homes. It provides long-term care homes for people who do not need to be in a hospital but can not be cared for at home or in an assisted living facility due to illness, injury, frailty, or other limitations. Leisureworld Senior Care Corp. was founded in 1972 and is headquartered in Markham, Canada.
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