Posts Tagged ‘free stock picks’

Free Stock Picks – July Report

By: admin | Date posted: 07.05.2008 (2:29 pm)

AIXG – Aixtron (NASDAQ) 

Aixtron has sold off considerably since my last update and I have not found any definitive reason for the sharp decline. However, I do have a theory about what might have happened.

Aixtron had been mentioned as a possible acquisition target of Applied Materials (AMAT). However, on June 6 Applied Materials announced it made a nonbinding proposal to acquire parts of ASM International (ASMI). The stock price of Aixtron dropped considerably in the days following the announcement. I believe some institution or hedge fund had taken a position in Aixtron solely because of its buyout potential and when the AMAT announcement came out they decided to bail. Since Aixtron has a low float this institutional selling caused a significant decline in the share price.

I think Aixtron is a good company to own regardless of a buyout and I think the institution or hedge fund that decided to dump Aixtron made a foolish decision. I still like the company and I am going to recommend buying some more and averaging down (I will use Friday’s closing price for calculation purposes). (more…)

LJ International: Speculative Buy Recommendation

By: admin | Date posted: 06.15.2008 (9:54 pm)

JADE – LJ International (NASDAQ) – (Closing Price of Friday: 6/15/08 – $3.50)

LJ International is a company I have followed for a few years and I have written about the company a couple of times on my website. I recommended the company as a short recommendation for a 17% gain last year and I also recommended staying away from the company a few months after I gave my cover recommendation.

In retrospect, my last post to avoid the company because of credibility issues was actually a bad call because I knew speculators were going to bid up the stock price in anticipation of the company releasing earnings. After I wrote my last post on LJ International the stock price more than doubled in just a few weeks. However, the company never reported earnings and the stock price has been meandering ever since. (more…)

Free Stock Picks – June Report

By: admin | Date posted: 06.02.2008 (8:02 pm)

AIXG – Aixtron (NASDAQ)
Aixtron reported Q1 results on May 8 and reported flat results. However, the company reaffirmed guidance which means the company should report considerable improvement in future quarters. I would continue to hold your shares.

CAAS – China Automotive Systems (NASDAQ)
The stock price of China Automotive Systems had a big jump after the company released impressive Q1 results but has sold off since. I think the stock price of CAAS has the potential to go much higher so I would be patient and continue to hold.

DTLK – Datalink (NASDAQ)
There has not been any major news released about Datalink. A positive article was written about the company though. I still rate the company a hold. (more…)

New Stock Recommendation: FEED

By: admin | Date posted: 05.31.2008 (6:57 pm)

FEED – AgFeed Industries (NASDAQ) – (Closing Price on Friday 5/30/08 – $15.37)

AgFeed Industries is a company that has experienced strong growth over the past year and the company is forecasting even stronger growth in the coming year. The company has given tremendous guidance for 2008 and if the company can meet its numbers the stock price should continue its rapid ascent.

AgFeed operates two integrated business lines in China: premix animal feed and hog production. The company is currently the largest premix feed company in China in terms of revenues and the company distributes its feed through over 700 independently owned chain stores. AgFeed expects to have a total of 1,000 independently owned chain stores by the end of 2008. The company also distributes feed directly to over 600 large commercial hog farms across China.

In addition to its feed business AgFeed has been rapidly expanding its hog production business. The company has acquired quite a few hog farms in the past year and the company raised money through a couple of stock sales in April to acquire even more. AgFeed currently owns controlling interest in 24 commercial hog farms throughout China with annual hog production capacity of 550,000 hogs. (more…)

More on this topic (What's this?)
Scary: Why China is Buying Gold Like Mad
China’s Factories Improve
Read more on Agfeed Industries Inc, Investing in China, Agfeed Industries at Wikinvest

EGHT Q4 08 Results

By: admin | Date posted: 05.24.2008 (2:51 pm)

EGHT – 8×8 Inc. (NASDAQ) – (Closing Price on Friday 5/23/08 – $1.19) 

8×8 Inc. reported fourth quarter results on May 21 and the company continues to show improvement in its financial numbers.

8×8 Inc. reported revenue of 16.33 million and diluted EPS of 0.01. Revenue was up 14% YOY and EPS improved six cents from a loss of 0.05 last year. Gross margin also improved considerably from last year.

8×8 Inc. continues to be on the right track and I would continue to hold your shares or accumulate more. As earnings start to increase the share price should follow in tandem.

Disclaimer: I have no position in EGHT.

More on this topic (What's this?) Read more on 8x8 at Wikinvest

China Automotive Systems Releases Impressive Q1 08 Results

By: admin | Date posted: 05.14.2008 (9:48 pm)

CAAS – China Automotive Systems (NASDAQ) – (Closing Price – $6.85) 

China Automotive Systems announced impressive first quarter results today and the stock price responded by trading up 25% on the news.

China Automotive Systems reported revenue of 41.47 million and diluted EPS of 0.18. Revenue improved 46% year over year and 10% sequentially. Diluted EPS improved 157% year over year and 100% sequentially.

Even with the big jump today China Automotive is only trading at a trailing PE ratio of 14. That is very cheap considering the strong growth in revenue and earnings. If China Automotive Systems can continue to show both top and bottom line improvement in future quarters China Automotive Sytems will reach a much higher share price. I think the share price could easily retest its highs of the past few years ($12 – $14 range) in the next few quarters. Therefore, I think it would be wise to be patient and hold onto your shares.

Short term I also think the share price will see more upside. Over 7% of the float is short and I think the shorts will continue to be squeezed over the next few days.

I don’t see any reason to sell I would continue to hold your shares of China Automotive Systems.

Disclaimer: I have no position in CAAS.