TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Buy Ford Shares on the Stock Dilution Adam Lass submits:In a market like this one, it pays to note the subtle differences between ostensibly similar assets. For example, there are car stocks and then there are car stocks. (Yes, I am writing about cars again, but not for the whole column, honest!)Complete Story » seekingalpha.com |
No Room for Error at Air T Saj Karsan submits:Air T (AIRT) has all the makings of a grossly undervalued stock. It has a P/B of .7, a P/E under 5, and a net cash position (cash minus debt) of over $7 million, while the stock trades for $18 million. The company has been able to maintain strong levels of profitability throughout this downturn, and even pays a dividend yielding over 4%. It operates in three distinct segments which, as we've discussed, helps diversify away risk. While AIRT could very well turn out to be a terrific long-term investment, further study indicates that there are some serious risks that could also dampen future returns. First of all, 100% of AIRT's revenue in its largest segment is from one customer, FedEx (FDX). AIRT is charged with operating 82 aircraft for Fedex, but these contracts can be cancelled by FedEx with just 30 days notice. While it is conceivable that FedEx will not cancel these contracts for several years, 50% of AIRT's consolidated revenue is reliant on this fact!Complete Story » seekingalpha.com |
Cash for Clunkers - Is It Really a Disaster? Rick Newman submits:People opposed to healthcare reform have a new mantra: If the government can’t run the “cash for clunkers” program, do you really want them managing your healthcare? Catchy. Timely. And probably as misleading as “death panels” and “euthanasia.”Complete Story » seekingalpha.com |
15 Cars Fueling the Auto Industry Recovery Rick Newman submits:As comebacks go, it's an awfully weak one. Annual car sales in 2009 are likely to end up at the lowest level in years, down more than 40 percent from their peak in 2005. The worst months came in the spring, punctuated by the bankruptcy filings of General Motors and Chrysler. The cash-for-clunkers program provided a nice summer boost, but that was followed by a steep dropoff once the giveaway ended and doubts that the subsidies would lead to any net gain at all. [Slide Show: 15 Cars Fueling the Auto Recovery.]Complete Story » seekingalpha.com |
Earnings Preview: Delta Air Lines theflyonthewall.com submits: Delta Air Lines (DAL) is expected to report Q4 earnings on Tuesday, January 26 before the market open with a conference call scheduled for 9:00 am ET. GuidanceAnalysts are looking for EPS of (24c) on revenue of $6.86B. The consensus range is (31c)-(16c) for EPS, and $6.48B-$7.57B for revenue, according to First Call. Delta missed Q3 EPS estimates, the first time in three quarters, but beat on revenue. Investors will be looking for the company to beat on the bottom line this quarter. On its Q3 conference call, Delta noted that the revenue environment will be “tough” going forward, and forecast Q4 system capacity down 9%-11%. October, November, and December traffic were down 6.5%, 7.1%, and 7.5% respectively. Complete Story » seekingalpha.com |