| Sonic Automotive Q3 2009 Earnings Call Transcript Sonic Automotive, Inc. (SAH)Q3 2009 Earnings CallOctober 27, 2009 11:00 AM ETComplete Story » seekingalpha.com |
Monro Muffler Is Running a Little Hot Ockham Research submits: “The auto repair company that I have been mentioning for a long time on this show, Monro Muffler, MNRO. The largest pure play, under-car service chain company in America, with 780 locations. This is a twice-blessed stock that’s benefited from the closing of all those Chrysler and GM dealerships, less competition, and the resurgence in the auto industry at the same time. Plus, Monro does not need a strong China and it isn’t on the radar screen of our president’s neer-do-well list like the banks.” — CNBC’s Mad Money 1/28/2010 The recent rhetoric and tax proposals coming from the White House have Cramer looking for “Obama-proof” stocks to guard any portfolio against political risks. One such stock that Cramer has identified is Monro Muffler Brake, Inc (MNRO) which he says has benefited from withering competition. This stock released earnings for their fiscal third quarter earlier this week, and they showed impressive results with EPS growing 35.7% to $.38 per share. Same store sales benefited from decreased competition rising 7.2%, and overall revenue grew by 28.7% thanks to 42 new locations. This has provided some good momentum coming into the final quarter of the year and shows the company is executing well given the new opportunities in the marketplace. MNRO lifted their full year guidance to EPS of $1.53 to $1.56.Complete Story » seekingalpha.com |
Bombardier: Flying Into China Canadian business jet manufacturer Bombardier (BDRPF.PK) has inked a memorandum of understanding (MOU) with CDB Leasing Co, one of China’s leading leasing companies in a move to increase its market penetration into the rapidly expanding Chinese economy.The fortunes of Bombardier’s business jets are closely linked to the spending habits of the super-rich and corporate jet market, so understandably it sees big potential to expand its business into emerging markets like China.Complete Story » seekingalpha.com |
Orion Marine Group: Massive Driver Could Propel the Stock Alan Brochstein, CFA submits: I first learned of Orion Marine Group (ORN) in late 2009, when it was featured in a Forbes cover story regarding the 200 best small companies. Complete Story » seekingalpha.com |
Baltic Trading: Essentially a Baltic Dry Index ETF? Andy Wang submits: New shipper company Baltic Trading (BALT) completed its initial public offering on March 15th. The new company immediately took its 228 million and began buying ships - a selection of cheap ships of varying sizes. Was this really a good time to do a shipper IPO, with shipper stocks suffering the disdain of the market? Maybe so. BALT had an idea for a different kind of shipping company, with a different kind of business plan.click to enlargeComplete Story » seekingalpha.com |