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Long Term PowerRatings
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Talk about a wild ride in the stock market this week! After dropping to below 11,000 last week, the DJIA rebounded over 700 points this week and last, only to descend 283 points on Thursday in a news and earning driven smack down. PowerRatings are an excellent, statistically proven tool to guide you through these uncertain times in the market. Regardless of market conditions, our studies indicate that top PowerRated stocks outperform other stocks and the lowest rated ones underperform over a year's timeframe.
This week, stocks from a myriad of sectors were discussed in the Long Term PowerRating articles. Here is a few of the highlights:
Freddie Mac (FRE | Quote | Chart | News | PowerRating): Earlier in the week this US government chartered mortgage company held the lowest power rating possible of 1. This is a clear sign, for long term traders and investors, to avoid this stock as its future is very uncertain. It gave a little move up, then fell by over 18% on Thursday.
Coca Cola (KO | Quote | Chart | News | PowerRating): This Long Term rated 9 stock in an industry rated 10 held its own this week, slowly gaining but hitting some resistance in the 53 range. Solid fundamentals, intelligent company cost cutting, market domination and the 9 Long Term PowerRating makes this a stock worthy of your portfolio
Buckeye Partners (BPL | Quote | Chart | News | PowerRating): Another 9 rated stock in an industry rated 10. BPL owns one of the largest pipeline systems for refined petroleum products in the United States. High gasoline prices combined with a dominant position in the market and the high power rating makes this an appealing equity.
Pfizer (PFE | Quote | Chart | News | PowerRating): Here's a stock that is solidly outperforming its sector. The large drug makers only garner a 6 Long Term PowerRating, although respectable, certainly not indicative of top performance. However, Pfizer garners a 9 rating and has posted solid earnings making it a strong choice if you’re looking to add a pharmaceutical company to your portfolio.
PartnersRE (PRE | Quote | Chart | News | PowerRating): This was the featured stock this week. A 10 rating in an industry rated 10. Long Term PowerRated 10 stocks have increased in price 81% of the time over a year’s term. PartnersRE is a worldwide, well risk diversified re-insurance company. It's targeting the emerging markets and appears poised for long term growth as confirmed by the PowerRatings. This stock is also among the top performing stocks this week.
Stocks In The News
Interactive Brokers (IBKR | Quote | Chart | News | PowerRating): This venerable favorite broker of option traders, processing 14% of the worldwide volume, posted smaller than expected profits
Reliance Steel (RS | Quote | Chart | News | PowerRating): Canceled a sale of over 6 million shares due to the weak market, causing sharp increase in price
Western Digital (WDC | Quote | Chart | News | PowerRating): Profit forecasts missed analysts estimate due to an industry wide slump lowered prices
Juniper Networks (JNPR | Quote | Chart | News | PowerRating): Strong earnings and upbeat guidance has Juniper trading sharply higher this morning
Microsoft (MSFT | Quote | Chart | News | PowerRating): CEO Steve Ballmer promised to spend 1.2 billion per year challenging Google for search engine dominance
Netflix (NFLX | Quote | Chart | News | PowerRating): Beat market analysts earnings estimates and raised its full year earnings projections resulting in a nice price increase in the pre-market today
Crocs (CROX | Quote | Chart | News | PowerRating): Dramatically lowered its second quarter earnings forecast resulting in a nearly 45% decrease in share price in the pre-market.
What To Look for Next Week
Monday: None
Tuesday: Consumer Confidence
Wednesday: Crude Oil Inventories / ADP employment figures
Thursday: GDP / Initial Jobless Claims
Friday: Auto Sales / Truck Sales
Best Performing Stocks (PR 8-10) of the Last Five Days
Here are some of the best performing, high Long Term PowerRatings stocks of the past five days. This week, all of the listed stocks have PowerRatings of 8 or 9.
Pepsico Inc. (PEP | Quote | Chart | News | PowerRating) Long Term PowerRating 9
Pfizer Inc. (PFE | Quote | Chart | News | PowerRating) Long Term PowerRating 9
Coca Cola (KO | Quote | Chart | News | PowerRating) Long Term PowerRating 8
Clean Harbors Inc. (CLHB | Quote | Chart | News | PowerRating) Long Term PowerRating 8
Puget Sound Energy (PSD | Quote | Chart | News | PowerRating) Long Term PowerRating 8
Worst Performing Stocks (PR 1-3) of the Last Five Days
Here are some of the worst performing, low Long Term PowerRatings stocks of the past five days. This week, all of the listed stocks have PowerRatings of 2.
Centex Corporation (CTX | Quote | Chart | News | PowerRating) Long Term PowerRating 2
Lehman Brothers Holdings (LEH | Quote | Chart | News | PowerRating) Long Term PowerRating 2
NVIDIA Corporation (NVDA | Quote | Chart | News | PowerRating) Long Term PowerRating 2
Sandisk Corporation (SNDK | Quote | Chart | News | PowerRating) Long Term PowerRating 2
Washington Mutual (WM | Quote | Chart | News | PowerRating) Long Term PowerRating 2
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