We established a position in Resona (TSE:8308), the largest Japanese regional bank, at a price of 楼547,representing 0.8x book value and 8x earnings. Resona was formed through the 2002-2003merger and recapitalization of three local banks in the Tokyo and Osaka regions. As part of thatrecapitalization, the Japanese government bought a majority equity stake. Under newmanagement, the bank cleaned up its balance sheet, began paying back the government stake,and has been profitable every year since, reaching a 13% ROE last year. In 2013, managementannounced a five-year plan to buy out the remaining government shareholding. Due to strongerthan expected earnings, that plan is well ahead of schedule, and the company is buying backstock from the government at very attractive valuations. The accretion from the buyback doesnot appear to be reflected in analyst models. With the more volatile international Japanese bankstrading at 9x EPS, and its peer regionals at 13x EPS, Resona is cheap on both an absolute andrelative basis. Resona shares ended the quarter at 楼499.From Greenlight Capital's first quarter 2014 investor letter by David Einhorn (Trades, Portfolio).Also check out: David Einhorn Undervalued Stocks David Einhorn Top Growth Companies David Einhorn High Yield stocks, and Stocks that David Einhorn keeps buying Currently 0.00/512345
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Best Supermarket Stocks To Own For 2015: Freescale Semiconductor Inc (FSL)
Freescale Semiconductor, Ltd. provides embedded processing solutions for automotive, networking, industrial, and consumer markets worldwide. The company�s embedded processor products comprise microcontrollers, such as ultra low power, low end 8-bit, and 32-bit products with on-board flash memory, which provide the digital logic or intelligence for electronic applications; single-and multi-core microprocessors; and applications processors with embedded memory, and special purpose hardware and software for multimedia applications. It also offers wireless connectivity products for low power wireless communications functionality; communications processors that perform tasks related to control and management of digital data, and network interfaces; and radio frequency (RF) devices, which consist of power transistors, amplifiers, receivers, and tuners for amplifying RF signals. In addition, the company provides analog, mixed-signal, and power management integrated circuits (ICs ) that include switches, power management devices, battery and motor control devices, CAN/LIN network transceivers, and signal conditioners that perform audio processing, backlight management/control, power management, and charging functions; sensors comprising pressure, inertial, magnetic, and proximity sensors, which act as an interface between an embedded system and external environment; and cellular products consisting of baseband processors, power management ICs, and RF subsystems. It sells its products to original equipment manufacturers, distributors, original design manufacturers, and contract manufacturers through its direct sales force and distributors. The company was formerly known as Freescale Semiconductor Holdings I, Ltd. and changed its name to Freescale Semiconductor, Ltd. in April 2012. The company was incorporated in 2006 and is headquartered in Austin, Texas. Freescale Semiconductor, Ltd. is a subsidiary of Freescale Holdings L.P.
Advisors' Opinion:- [By Evan Niu, CFA]
What: Shares of Freescale (NYSE: FSL ) have skyrocketed today by upwards of 12% after the semiconductor specialist posted first-quarter earnings results.
10 Best Regional Bank Stocks To Invest In Right Now: Oberbank AG (OBV)
Oberbank AG is an Austria-based commercial regional bank. The Company provides products and services for individual customers, as well as for corporate customers. It divides its operations into four segments: Corporate Customers, Private Customers, Financial Markets and Others. The Company offers credit and debit cards, current and saving accounts, investment services, electronic banking services, as well as financing, leasing, investment and real estate services. It operates through numerous offices in Austria, Germany, the Czech Republic, Hungary and Slovakia. The Company�� major shareholder is CABO Beteiligungsgesellschafts mbH with a stake of 32.54%. Advisors' Opinion:- [By Tom Aspray]
I have always felt it was important to give credit to those who originally developed or used a particular analytical tool. I still refer to the TRIN as the ARMs Index as it was developed by an old friend Dick Arms. My favorite volume tool, of course, is the on-balance volume (OBV) and I frequently give credit to its creator, Joe Granville.
- [By Tom Aspray]
The high in August 2013 (point 2) just reached the 38.2% Fibonacci retracement resistance from the high at $174.07. This, therefore, was a key level of resistance. As prices declined from the highs, the daily on-balance volume (OBV) began a new downtrend and by October the OBV was acting weaker than prices.
- [By Tom Aspray]
The daily on-balance volume (OBV) formed a bullish divergence, line c, at the lows. The bottom was confirmed by the move through the downtrend, line b, and the July high. The next level to watch is the 38.2% Fibonacci retracement resistance at $81.54 and then the 50% at $82.54. This decline in yields should be an opportunity to shorten the maturity of your bond holdings and reduce your exposure to the long end of the bond market.
10 Best Regional Bank Stocks To Invest In Right Now: National Retail Properties (NNN)
National Retail Properties, Inc. is a publicly owned equity real estate investment trust. The firm acquires, owns, manages, and develops retail properties in the United States. It provides complete turn-key and built-to-suit development services including market analysis, site selection and acquisition, entitlements, permitting, and construction management. The firm also focuses on purchasing and financing net-leased retail properties. It was formerly known as Commercial Net Lease Realty, Inc. National Retail Properties was founded in August 1984 and is based in Orlando, Florida.
Advisors' Opinion:- [By Dan Burrows]
Here are the three dependable dividend stocks that are up at least 10% year-to-date, as of Feb. 11:
Dependable Dividend Stocks: National Retail Properties (NNN)Dividend Yield: 4.9%
YTD Gain: 10% - [By Charles Sizemore]
ARCP has a shorter trading history than some of its peers, such as Realty Income (O) and National Retail Properties (NNN), which largely explains why its yield is higher. As a relatively new REIT, ARCP stock is largely unfollowed by investors. But once its merger with Cole Properties (COLE) is completed, ARCP will be the largest trip-net REIT by market cap and total square footage, and it will no longer be flying under Wall Street�� radar.
10 Best Regional Bank Stocks To Invest In Right Now: Collectors Universe Inc. (CLCT)
Collectors Universe, Inc. provides authentication and grading services to dealers and collectors of high-value coins, trading cards, event tickets, autographs, memorabilia, and stamps in the United States. It offers authentication and grading services for coins under the Professional Coin Grading Service brand name; sports and trading cards under the Professional Sports Authenticator (PSA) brand name; vintage autographs and memorabilia under the PSA/DNA authentication services brand name; and stamps under the Professional Stamp Experts brand name. The company also publishes authoritative price guides, rarity reports, and other collectibles data to provide collectors with information. In addition, it operates the Certified Coin Exchange business-to-business Website, certifiedcoinexchange.com, where dealers can sell and purchase certified coins and other certified collectibles; and Collectors Corner Business-to-Consumer Website, collectorscorner.com, a business-to-consumer W ebsite where consumers can visit, identify, search, sort over, and select for purchase coins, trading cards, and items of currency that are certified by the company, as well as Collectors Clubs for coin, currency, and trading card collectors; and manages and operates collectibles trade shows and conventions. The company provides its services to dealers, collectors, and retail buyers and sellers of collectibles. Collectors Universe, Inc. was founded in 1986 and is headquartered in Santa Ana, California.
Advisors' Opinion:- [By Jeff Hwang]
Such multiple expansion may be a natural product of time (i.e., older cards naturally carry larger premiums over time), or more likely a combination of time and the card removal effect. That is, over time, the best examples of a given card get graded by Beckett Grading Services or Professional Sports Authenticator (PSA), a division of Collectors Universe (NASDAQ: CLCT ) , and are thus removed from the pool of ungraded cards; as a consequence, the value of ungraded cards declines in relation to the value of graded cards (or the value of graded cards rises in relation to ungraded cards), resulting in multiple expansion.
10 Best Regional Bank Stocks To Invest In Right Now: Spectrum Pharmaceuticals Inc.(SPPI)
Spectrum Pharmaceuticals, Inc., a commercial-stage biotechnology company, primarily focuses on oncology and hematology. The company engages in acquiring, developing, and commercializing a broad and diverse pipeline of late-stage clinical and commercial products. It markets Zevalin, a prescribed form of cancer therapy, radioimmunotherapy; and Fusilev, a novel folate analog formulation and the pharmacologically active isomer of the racemic compound, calcium leucovorin. The company?s drugs in late stage development include Apaziquone, an anti-cancer agent; and Belinostat, a histone deacytelase inhibitor. Its drugs in development also include Ozarelix a luteinizing hormone releasing hormone antagonist, which is in Phase II clinical stage; SPI-1620, a peptide agonist of endothelin B receptors, which is in Phase I clinical stage; and RenaZorb, a lanthanum-based nanoparticle phosphate binding agent, which is in preclinical stage. The company was formerly known as NeoTherapeutics, Inc. and changed its name to Spectrum Pharmaceuticals, Inc. in December 2002. Spectrum Pharmaceuticals, Inc. was founded in 1987 and is based in Henderson, Nevada.
Advisors' Opinion:- [By Jake L'Ecuyer]
Spectrum Pharmaceuticals (NASDAQ: SPPI) shares tumbled 9.77 percent to $8.18 after the company announced an offering of $100 million of convertible notes.
- [By Rich Smith]
Spectrum Pharmaceuticals (NASDAQ: SPPI ) has found itself a new Executive Vice President, a new Chief Financial Officer, and a new Principal Accounting�Officer. They're all the same person.
- [By Ben Levisohn]
Spectrum Pharmaceuticals (SPPI) has risen 4.7% to $9.30 after being granted accelerated approval for its lymphoma drug.
SeaWorld Entertainment (SEAS) has jumped 1.7% to $29.59 after the theme-park operator was upgraded to Buy from Neutral at Longbow.
10 Best Regional Bank Stocks To Invest In Right Now: BioFuel Energy Corp.(BIOF)
BioFuel Energy Corp. produces and sells ethanol and its co-products in the United States. The company offers dried and wet distillers grains with solubles, corn oil, and carbon dioxide. It operates 2 ethanol production facilities located in Wood River, Nebraska and Fairmont, Minnesota with a combined production capacity of approximately 220 million gallons per year. The company sells its products to independent third party marketers and distributors. The company was founded in 2006 and is headquartered in Denver, Colorado.
Advisors' Opinion:- [By Roberto Pedone]
BioFuel Energy (BIOF) is engaged in the production and sale of ethanol and its co-products through its two ethanol production facilities located in Nebraska and Minnesota. This stock closed up 9.4% to $4.04 in Tuesday's trading session.
Tuesday's Range: $3.69-$4.04
52-Week Range: $2.70-$10.75
Tuesday's Volume: 152,000
Three-Month Average Volume: 57,949From a technical perspective, BIOF soared higher here back above its 50-day moving average of $3.76 with above-average volume. This move is quickly pushing shares of BIOF within range of triggering a major breakout trade. That trade will hit if BIOF manages to take out some near-term overhead resistance levels at $3.99 to $4.12 with high volume. At last check, BIOF hit an intraday high of $4.04 and volume was well above its three-month average action of 57,949 shares.
Traders should now look for long-biased trades in BIOF as long as it's trending above its 50-day at $3.76 or above more near-term support at $3.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 57,949 shares. If that breakout hits soon, then BIOF will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day of $4.63 to $5.19. Any high-volume move above $5.19 will then put $5.50 to $6 within range for shares of BIOF.
10 Best Regional Bank Stocks To Invest In Right Now: Endurance Specialty Holdings Ltd (ENH)
Endurance Specialty Holdings Ltd. underwrites specialty lines of personal and commercial property and casualty insurance and reinsurance worldwide. The company operates in two segments, Insurance and Reinsurance. The Insurance segment provides agriculture insurance covering traditional multi-peril crop insurance, crop hail, livestock risk protection, and other agriculture risk management products; and professional lines of insurance products, including directors� and officers� liability, errors and omissions, employment practices liability, environmental liability, and pension trust liability insurance. This segment also offers casualty and other specialty insurance products for third party liability; hospital medical professional liability; contract and commercial surety; and workers� compensation, as well as property insurance primarily for earthquake and flood coverage. The Reinsurance segment provides catastrophe reinsurance for catastrophic perils primarily for pro perty and workers� compensation business; property reinsurance for property insurance policies; and casualty reinsurance for third party liability exposures, such as automobile, professional, directors� and officers�, and umbrella liabilities, as well as for workers� compensation. This segment also offers aerospace reinsurance covering hull, aircraft liability, and aircraft products; marine reinsurance of bluewater and brownwater hull, and cargo risks; surety reinsurance for contract and commercial surety, and fidelity insurers; agriculture reinsurance for risks associated with the production of food and fiber; and personal accident and terrorism reinsurance products. The company distributes its products through independent agents, and insurance and reinsurance brokers. Endurance Specialty Holdings Ltd. was founded in 2001 and is based in Pembroke, Bermuda.
Advisors' Opinion:- [By Jake L'Ecuyer]
Equities Trading UP
Aspen Insurance Holdings (NYSE: AHL) shares shot up 11.05 percent to $43.72 after Endurance Specialty Holdings (NYSE: ENH) offered to buy Aspen Insurance for $47.50 per share in a cash and stock deal. - [By Jake L'Ecuyer]
Equities Trading UP
Aspen Insurance Holdings (NYSE: AHL) shares shot up 11.33 percent to $43.83 after Endurance Specialty Holdings (NYSE: ENH) offered to buy Aspen Insurance for $47.50 per share in a cash and stock deal.
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