Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

VFC's Stock House Weekly Stock Watch, Week of 26 November  Join our daily free Newsletter

MENAFN Press - 26/11/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN Press) (EMAILWIRE.COM, November 26, 2012 ) New York, NY --

After a week of celebrating family, friends, turkeys and stuffing, there'll be plenty to keep us occupied on the markets during the coming days. At the conclusion of each week, VFC's Stock House, an information and research outlet that brings ideas and opens discussions to a broad spectrum of investors, examines some news items, stocks and stories that made headlines during the previous trading week, but may also make headlines or influence trends during the upcoming week as well.

A full version of this week's report is available at: http://vfcsstockhouse.com/blog/article/-weekly-stock-watch-week-of-26-november-aapl-rimm-goog-ge-f-imsc-mcd-ebay-amzn-wmt-ba-sgyp-irwd-frx-ssh

Newsmakers: Two high profile players in the tech industry attracted some headlines last week and will be notable stocks to watch during the coming week, too. Apple (AAPL) shares rebounded nicely, rising to as high as 572 on Friday after having touched as low as just over five hundred bucks during trading only a week prior. That marked a pretty swift turnaround for the tech giant, although none really questioned the stock's ability to rebound, even as the downward trend continued for a couple of weeks. It helps, too, that reports over the weekend indicated that the iPad was a Black Friday sales winner. Volume was also notably higher during the rebound.

Following a week in which shares of Research In Motion (RIMM) jumped by over twenty percent - including a thirteen percent spike on Friday on triple the normal volume - it's safe to say that the company is back in the good graces of investors with BlackBerry 10 devices nearing the launch phase. Friday's volume and trading interest was especially notable, considering the lack of overall volume during the shortened session, and could be attributed - at least in part - to a revised price target of 15 issued by National Bank analyst Kris Thompson. Thompson's previous target had been set at 12. Jefferies & Co. also raised its target on RIMM earlier in the week, indicating that the stock is back in the good graces of analysts, too, and not just investors...

General Electric (GE) and Ford Motor Company (F) also made news last week with the announcement of a deal that GE will purchase 2,000 of Ford's C-MAX Energi plug-in hybrids for its commercial fleet. Once consummated, this deal will put the number such vehicles in the GE fleet at 5,000, with an ultimate goal of 25,000, or half its global fleet. As part of this collaboration, Ford also announced that it would "jointly market GE's alternative fuel infrastructure technology, including charging stations and natural gas fueling stations, to its commercial buyers." With mutual co-promotion of each other's technology, this deal should prove beneficial for both companies. It also marks the largest one to date for Ford's plug-in hybrids and is a testament to the commitment of both companies to usher in the next generation of alternative-energy vehicles. Until the electric vehicle market truly takes off, Ford should be considered as taking a fairly significant business risk, especially with additional models planned. With a price tag of roughly 30k to the consumer, electric vehicles have been thus far slow to take off in the market; Ford's strategy is to already be there - ready and waiting - when the market does take off. GE will be there, too, with its supporting technology. Shares of both companies traded relatively indifferent to the news.

Explosive Trace Detection (ETD) / Global Defense:

Implant Sciences (IMSC): Implant Sciences is going to be a hot one to watch this week. The company is still awaiting finalization of a key catalyst that could launch its technology to the forefront of the Homeland Defense and ETD markets, and it's quickly becoming crunch time as another key date is now in play. The first catalyst revolves around the approval of the company's QS-B220 explosives and narcotics trace detector by the Transportation Security Administration (TSA) for use in air cargo screening. Currently, the B-220 is undergoing validation by the Transportation Security Laboratory (TSL) and - according to comments made by company officials in a recent conference call - the first phases of validation were successful and information should soon be forthcoming as to the results of the final phase. Should the B-200 receive an ultimate TSA approval, it would open more avenues for potential deals in relation to air cargo screening, especially given the key December 3rd deadline imposed by the TSA stating that all inbound-US air cargo on passenger airliners will be screened for explosive traces. With December 3rd well in the headlights, and with the B-220 nearly ready capitalize, IMSC could draw some attention this week. Another benefit held by Implant is the fact that - following approval - the company could attract more US business since it is the only all-American company in the industry at a time when governmental attention is being drawn to supporting US companies. Implant shares have already been highly volatile this year and offered investors multiple trading opportunities, but it's possible that even more volatile moves could take shape leading into the final phases of the approval storyline.

Healthcare, Biotech, Pharmaceutical:

Synergy Pharmaceuticals (SGYP): Synergy, like Implant Sciences, is going to be a hot one to keep an eye on due to a pending catalyst that could launch the company into the big leagues of the GI market. During the first week of January it is expected results from the recently-completed Phase IIb/III Plecanatide trial in the treatment of chronic idiopathic constipation (CIC) will be released. With that milestone event just over a month away now, SGYP could continue to trade with the volatility noted over the past few weeks, offering investors the opportunity to either play the pre-catalyst trade or accumulate for the long run. SGYP traded for nearly five dollars a couple of months ago when Ironwood Pharmaceuticals (IRWD) received approval for Linzess, a product that uses the same mechanism-of-action as Plecanatide. Because of the similarities in the two products, investors took that as a vote of confidence regarding a potential Plecanatide approval. Due to a licensing agreement between Synergy and Ironwood, there are no concerns of any potential patent litigation between the two entities, so the coast is clear to bring Plecanatide to market, should it gain approval.

Beyone the results catalyst, investors will look to capitalize on any potential partnership deals, too. Ironwood has already partnered Linzess with Forest Laboratories, Inc. (FRX) and its stock is trading for a market cap of well north than a billion bucks. Given that the IRWD valuation is based on splitting revenues with Forest, it's safe to speculate that Synergy's cap would be due for a dramatic increase, should the company produce positive results and ultimately gain approval for Plecanatide. Such events could put the future share price in the range predicted some analysts over the past couple of months and noted here in recent weeks.

Expect volatility leading into next month's catalyst.

Sunshine Heart (SSH): Speaking of volatility, it's also worth paying attention to Sunshine Heart these days. Last week the company announced that the FDA had granted the company unconditional approval to commence the planned pivotal trial in the United States for C-Pulse in the treatment of Class III and ambulatory Class IV heart failure. Shares swiftly spiked by nearly twenty percent on high volume when that news was announced, but then closed the week at 6.24, marking another potential buying opportunity for those looking to either play another trade or accumulate for the long term. The quick moves also provide investors a look into the volatile - but potentially lucrative - nature of the developing biotech/pharma/medical device sector.

Moving forward investors can look for updates regarding the official trial start as well as the potential announcement of the first commercial sales in Europe. As discussed before, Sunshine is conducting a methodical roll-out in Europe following a regulatory approval earlier in the year and revenue is expected to start flowing in before long, although investors should modestly temper their initial expectations.

Many predict that the company will eventually be purchased by a larger player in the industry, pending further trial and commercial success. Evidence to that effect may have been provided in a third quarter stock offering, where a large - and still unnamed - strategic investor participated in the offering with a sum of three million dollars and then appointed a member to Sunshine's board. Such actions hint at partnership/buyout interest. Due the aforementioned offering, Sunshine should be set with enough cash to last through the mid-way point of the upcoming US trial.

McDonald's (MCD): McDonald's shares took advantage of the broad market rebound last week and traded higher from their 52-week lows, set after announcing an unimpressive round of earnings for the previous quarter. Earlier in the year shares were trading at one hundred bucks-plus, but started slumping when investors started questioning whether or not the company had reached its peak in terms of prospects for growth. Last week's modest rebound, however, has again drawn interest to the stock as a potential short to mid term rebound play, if not a solid long term hold. The case for MCD is that the brand is in itself the recognized leader of its industry - both at home and abroad - and is continuously pushing into emerging markets even as the economy hampers sales in the US. The case against is, again, that some feel the company is reaching the point of market saturation and the best days of growth are in the rear view mirror, especially as competing companies methodically gain market share. This will be a story to watch this week, because of the modest rebound posted last week, but also into the new year as the company has realized disappointing earnings numbers for two quarters in a row. The next report is also not expected to impress, as sales have been hampered by the Hurricane Sandy impact - but investors will be expecting that, so it shouldn't come as surprise. Should the market falter as a whole leading into the tax-loss selling season, MCD, too, could suffer even more, but the fact is that this could provide an ample buying opportunity looking towards the future. After all, McDonald's is still considered to be the best there is at what it does - and it has generally managed to stay one step ahead of the competition. Could be a nice buying opp again.

Happy Trading!!!

Disclosure: Long SGYP, MCD, SSH, IMSC, GE.

Follow the developments of these and other small cap stocks at VFCsStockHouse.com

Follow VFC's Stock House on Twitter: http://twitter.com/#!/VFCsStockHouse

'Like' VFC's Stock House on Facebook: http://www.facebook.com/pages/VFCs-Stock-House/143724412345213


About VFCsStockHouse.com
VFC's Stock House is an information and research outlet that brings new ideas to the table and opens discussions for a broad spectrum of investors, with a strong focus on - but not limited to - biotech stocks, biopharma stocks, and pharmaceutical and healthcare stocks. VFC's Stock House provides individual company profiles, write-ups and reports as well as giving general insights into broader-market news through various 'Stock Watch' lists. At the conclusion of most weeks, VFC's Stock House issues a "Weekly Stock Watch" that examines news items, stocks and stories that made headlines during the previous trading week, but may also make headlines or influence trends during the upcoming week as well. The information contained within the pages of VFC's Stock House are not intended to be taken as advice, but as a starting point where investors can follow up with their own DD and devise their own entry and exit strategies. For full disclaimer visit: http://vfcsstockhouse.com

 






  MENA News Headlines
Apr 24 2014Qatar- HH Sheikha Moza Meets Mayor of Kobe Visits RIKEN Research Institution ,Qatar News Agency
(MENAFN - Qatar News Agency) Kobe April 24 - Her Highness Sheikha Moza bint Nasser Chairperson of Qatar Foundation for Education Science and Community Development (QF) today held a meeting with the ...

Apr 24 2014Qatar- Sidra-BMC Event Boosts Biomedical Research Publishing ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - A symposium organised jointly by Sidra Medical Research Centre and BioMed Central (BMC) mulled trends in research and on open access publishing here ...

Apr 24 2014Qatar- Mannai Corp Q1 Net Profit up 73% to QR 150.1 Million ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - Qatar Exchange listed Mannai Corporation (QE: MCCS) net profit is up 73% to QR 150.1 Million for the first quarter of fiscal year 2014 ending March 31 ...

Apr 24 2014Bahraini firms forecasted to grow 10 pct ,MENAFN
(MENAFN) In a report based on a study of over 650 companies across GCC, Kuwait Financial Centre (Markaz) forecasts a growth of the Bahraini companies' earnings by 10 percent in 2014, Gulf Daily News ...

Apr 24 2014Israeli Army Storms Deir Samit Village West of Hebron ,Qatar News Agency
(MENAFN - Qatar News Agency) bron April 24 - Israeli army forces stormed at dawn Thursday Deir Samit village southwest of Hebron city in the West Bank. The Israeli forces conducted raid and search ...

Apr 24 2014Qatar Airways to add more seats on Doha-Vienna route ,MENAFN
(MENAFN) Qatar Airways plans to offer more 1.700 seats on its Doha-Vienna route beginning from September 2014, according to Gulf News. The company aims to expand the growing passenger demand from ...

Apr 24 2014Qatar- QFC Authority Five-a-Side Football Tournament Kicks Off ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - Qatar Financial Centre (QFC) Authority's first Five-a-side Football Tournament is displaying dribbling skills of executives from Doha's financial ...

Apr 24 2014Georgian Justice Minister Leaves Doha ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - HE Minister of Justice of Georgia Tia Tsulukiana left Doha on Thursday morning wrapping up a two-day official visit to the country. An agreement on ...

Apr 24 2014Egyptian Premier Off to Chad ,Qatar News Agency
(MENAFN - Qatar News Agency) Cairo April 24 - Egyptian Prime Minister Ibrahim Mehlib left cairo on Thursday for Chad the first leg of a three-day two-state trip that will also take him to Tanzania ...

Apr 24 2014Dubai SME ties up with Taylor Wessing to raise awareness on Intellectual Property and fund-raising among SME100 firms ,MENAFN Press
(MENAFN Press) Dubai SME, the agency of the Department for Economic Development in Dubai mandated to develop the SME sector, have signed a memorandum of understanding (MoU) with the international law ...

Apr 24 2014Mannai Corporation net profit soars 73 percent in Q1 ,MENAFN
(MENAFN) Qatar's Mannai Corporation said that its net profit in the first quarter of this year increased significantly, the Peninsula Qatar reported. The group said that net profit in the period ...

Apr 24 2014Redefining large AOC launches 28€³ MVA monitors ,MENAFN Press
(MENAFN Press) Display specialist AOC launches its first two 28" (71.1 cm) monitors. The m2870Vhe and m2870Vq feature extra-large 16:9 MVA panels with Full HD resolution, wide viewing angles and high ...

Apr 24 2014Finance House Q1 Net Soars 38% to AED 35.51 Million ,MENAFN Press
(MENAFN Press) Finance House PJSC (FH), has kicked-off 2014 on an upbeat note by registering a consolidated net profit of AED 35.51 million for the first quarter of 2014, which is nearly 38% higher ...

Apr 24 2014Qatar Stock Exchange Down 0.05% ,Qatar News Agency
(MENAFN - Qatar News Agency) Doha April 24 - The Qatar Exchange ended in the red area when trading closed Thursday at 12954.93 points (0.05%) down 6.63 points from the previous closing of 12961.56 ...

Apr 24 2014Afghan Guard Shoots Dead 3 Foreigners in Hospital ,Qatar News Agency
(MENAFN - Qatar News Agency) Kabul April 24 - Three foreigners including a doctor were shot dead and their colleague wounded when a guard of a private Cure Hospital opened fire on them in the ...

Apr 24 2014Australian Federal Parliament Deputy Speaker Meets HE Qatari Ambassador ,Qatar News Agency
(MENAFN - Qatar News Agency) Canberra April 24 - Australian Federal Parliament Deputy Speaker Bruce Scott met here Thursday with HE Qatar's Ambassador to Australia Yousef bin Ali Al ...

Apr 24 20143 GCC countries among top 30 on network readiness index ,MENAFN
(MENAFN) According to an annual global technology survey for network readiness index for 2014, three GCC countries have made it to the top 30 list for the third year in a row, Gulf Daily News ...

Apr 24 2014Uruguay Public Health Minister Meets HE Qatari Ambassador ,Qatar News Agency
(MENAFN - Qatar News Agency) Montevideo April 24 -Minister of Public Health in Uruguay Maria Susana Mu?iz met here on Thursday with HE qatari ambassador to the republic of Uruguay mohamed hassan ...

Apr 24 2014Morocco Admitted As Observer Member to SICA ,Qatar News Agency
(MENAFN - Qatar News Agency) La Romana Dominican April 24 - Morocco has been admitted as an observer member in the Central American Integration System (SICA) which also includes each of Belize ...

Apr 24 2014UN Chief: All Parties in Syria Blocking Aid ,Qatar News Agency
(MENAFN - Qatar News Agency) w York April 24 - The UN Secretary General Ban Ki-moon has accused all parties in Syria's civil war of "flagrant violations" of international law over the delivery of ...

more...


 
Click to Apply






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help