| Defense: Cramer Likes Lockheed Ockham Research submits: “I like Raytheon. Last week when we were playing “Am I diversified?” I felt someone could have used a defense stock and I casually mentioned Raytheon because it’s not that expensive. I do, however, prefer Lockheed because Lockheed Martin’s got a 3.4% yield and that attracts me as it comes downLockheed Martin is a buy. Now, a lot of people were disappointed by the last quarter, I say get a life. This is a company generating a gigantic amount of cash. It’s not expensive. It’s very well run. And as far as I’m concerned, this is the best bargain in the defense group. LMT, Lockheed Martin, pull the trigger right now.” — CNBC’s Mad Money 10/12/2009Complete Story » seekingalpha.com |
BYD Showcases Electric Car but Hedges on Price, Timing Ravi Nagarajan submits:In a statement that could be cause for some concern, BYD (BYDDF.PK) Chairman Wang Chuanfu appears to be hedging on the pricing and distribution of the company’s flagship e6 electric vehicle within the United States market. The Wall Street Journal has reported that there are still many questions regarding the initial product introduction and whether the e6 will succeed in gaining a following within the United States. BYD’s progress in the emerging electric car field is of particular interest to Berkshire Hathaway (BRK.A) shareholders. Berkshire’s 9.9% stake in BYD represents a bet on advanced battery technology that many view as a major competitive advantage. BYD is almost completely unknown within the American market and faces the formidable task of building brand identity from scratch.Complete Story » seekingalpha.com |
Defense Sector Stocks Continue to Surge Scott Sacknoff (SPADE Investor) submits: So was the FY-2011 Defense budget a good one or a bad one? Well, let the markets do the talking. Since the announcement of the budget on February 1st, the SPADE Defense Index rose by 4.46% in February and another 4% in the first days of March -- 240 basis points better than the broader markets.Complete Story » seekingalpha.com |
FedEx as an Economic Bellwether Market Blog submits: By David BermanWe’re told that FedEx Corp. (FDX) is a bellwether stock, a point that hits home whenever the global shipping company says anything that is out of line with our understanding of the global economy.Complete Story » seekingalpha.com |
Weekly Rail Traffic Hits 18-Month High Mark J. Perry submits: click to enlarge Complete Story » seekingalpha.com |