| GM Begins Saturn's Death Spiral TheCarConnection.com submits: By Richard ReadAnd now comes the unpleasantness: in the aftermath of its failed sale of Saturn to Roger Penske, General Motors has begun winding down the Saturn network. The brand will close for good just over a year from now.Complete Story » seekingalpha.com |
Is the Baltic Dry Index Forecasting Market Weakness? As we mentioned last week, the Shanghai equity markets have served as a leading indicator of U.S. stocks over the last year. While Shanghai has broken down and moved sideways over the last few months we have seen similar sideways action in the Baltic Dry Index.Not surprisingly, the fundamental correlation between China’s export driven economy and this shipping index are high.Complete Story » seekingalpha.com |
Ford: My Favorite Turnaround Stock Michael Cintolo submits:The good news is that the market’s recent correction has really made the stock picker’s job that much easier. Those stocks that rode the bull market higher but really didn’t have much institutional backing have fallen apart, some dropping 30% or more from their peaks. But those that have great stories and expectations of big growth ahead have hung in there beautifully, or even advanced somewhat, during the market’s downturn. As I’ve mentioned a couple of times, most stocks with big earnings growth that are resisting the market’s decline can be thought of as coiled springs – they want to head higher, but the market’s pressures are keeping a lid on them. Once those selling pressures ease, however, most should spring to life.Complete Story » seekingalpha.com |
Three Reasons to Buy AutoZone Jim Van Meerten submits: AutoZone (AZO) is the nation's leading specialty retailer of automotive parts and accessories, primarily focusing on do-it-yourself customers. Each of the company's auto parts store carries an extensive product line for cars, vans and light trucks, including new and re-manufactured automotive hard parts, maintenance items, and accessories. Many of the company's domestic auto parts stores also have a commercial sales program, which provides commercial credit and prompt delivery of parts and other products to local repair garages, dealers and service stations. As the consumer cuts back and drives their cars longer before a trade-in auto parts companies should see an increase in sales. AutoZone's marketing plan in 2 pronged. First, of course, directly to the do-it-yourselfer but they are trying to also focus on sales directly to the independent mechanics that are flourishing across the country through a financed sales program. The stock had increases in 4 of the last 5 trading sessions for an increase of 8.07% in the last week. Barchart's 13 technical indicators all signal buy for a 100% buy signal. The stock trades around 191.99 with a 50 day moving average of 179.85.Complete Story » seekingalpha.com |
Stoneridge Incorporated Q2 2010 Earnings Conference Call Transcript Call Start: 11:00Call End: 11:44Stoneridge Inc., (SRI)Complete Story » seekingalpha.com |