Cash for Clunkers: Here Comes the Hangover
Mark J. Perry submits: "Cash for clunkers" might have "juiced up" new vehicle sales and provided some initial and temporary stimulus to the economy, but there are some secondary costs now surfacing in the "hangover" period:1. Shortage of cheap used vehicles and rising prices (see chart above). Complete Story » seekingalpha.com |
Top 10 Electric Car Makers in 2010-11
John Addison submits:(Original post at Clean Fleet Report)By 2011's year end, competition will be intense for electric car leadership. The Clean Fleet Report Top 10 Electric Car Makers describes our best guess about the market share leaders for delivered plug-in vehicles on the United States roads in 2011, although not necessarily in order of 2011 installed market share.Complete Story » seekingalpha.com |
Flying High With Latin America's Top Plays
Wealth Daily submits:by Sam Hopkins Even though the sun is plenty bright on the East Coast of the U.S. today, I've got my eyes on the tropics. I'm looking at Colombia, specifically. That's where the World Economic Forum for Latin America is going on this week. The theme of this year's meeting: New Partnerships for a Sustainable Recovery.Complete Story » seekingalpha.com |
Bear vs. Bull Market Case: What's Next?
Elliot Turner submits: As uncertainty reigns supreme amidst these volatile/choppy markets of today, investors and traders alike are trying to assess whether we are on the brink of a "double-dip recession" or merely just experiencing a blip--or correction--in the recovery from the throes of the 2008 deflationary spiral. The answer to this question opens the door for vast opportunity; however, it's increasingly difficult to deduce exactly where we stand on the road to recovery.With the markets sitting just above their breakdown levels, the rhetoric and tone are increasingly bearish. Each attempted rally gets sold with increasing force. Yet still, the market remains above what many investors perceive to be a solid "value"/breakdown level for the market--S&P 1,040. I want to "dumb it down" and focus on just a couple of metrics to watch for each side and simply offer some of the competing arguments as food for thought (but inevitably, I'll give my brief personal conclusive thoughts in the end).Complete Story » seekingalpha.com |
AutoZone Reports Q4 Profit Increase of 14%
Zacks.com submits: AutoZone Inc. (AZO) has posted a 14% increase in profit to $268.9 million or $5.66 per share in the fourth quarter of its fiscal 2010 ended August 28, 2010 from $236.1 million or $4.43 per share in the year-ago quarter. With this, the automotive retailer has exceeded the Zacks Consensus Estimate of $5.44 per share during the quarter. Net sales increased 9.5% to $2.4 billion, meeting the Zacks Consensus Estimate during the quarter. Domestic same store sales (open at least one year) rose 6.7%. The improvement in results can be attributed to the company’s aggressive store expansion strategy and a recovery in the U.S. automotive industry.Complete Story » seekingalpha.com |