Stock Overview
Here is a brief synopsis of the sectors and our stocks for the past 2 weeks.
OIL SERVICES AND EQUIPMENT
This sector is too driven by stock prices. One of my main reasons for getting in these companies was to enjoy the benefit of major oil related profits but with less risk associated with volatile oil prices. Simply put, we avoided none of the volatility.
My major premise for these comapnies, however, remains firm. Think about a wheel turning. The big companies sit in the middle and smaller companies hug the periphery. A small turn of the wheel moves the center a little bit but the outside rotates a lot. That is the case in both a rising and a falling sector.
SLB kicked off the energy equipment sector with a big gain, showing that demand is strong
ATW Up 8% on no news
CLB Up 18% on no news
DO Up 8% Especially strong given the 1 time $4 dividend.
ESV Up 5%
MDR Up 8% they just received 2 contracts. The first is for Lukoil to lay 36 miles of pipes in the Caspian Sea with an estimated value of $700M. Anothe rone was awarded for India's offshore pipelines. Lastly, a $100M NOx facility in New Mexico. That's a backlog of an additional $1B+, and MDR does ~$4B annually in business.
BIOTECH
This was more mixed - although growth wsa solid, sometimes it wasn't solid enough
ILMN - Stopped out
DIGE - Down 2.5% after releasing great earnings.
HOLX - Up 10% after releasing great earnings
IMA - Up 10% IMA is on a big buying binge and the market likes it - they are at a 52 week high
HIGH TECH
NUAN - Up 4% on solid earnings
AMX - Up 7% on no news
UCTT - Up 7% on no news
SERVICES
CSH - Up 5% after releasing earnings. One interesting noteworthy point: my main fear with CSH was the impact of a construction bubble burst on the payday loan business. Business in this part of the company rose 80%, so my fears appear misplaced.
INFY - Up 4% on earnings
CTSH - Up 12% on earnings
OTHER
PCP - Up 11% after solid earnings and another acquisition. Their strong alignment with Boeing continues to payoff handsomely
TIE - Up 10% on no news. If anything, there is a big delay in the price if you compare TIE to their competitors ATI and RTI. ATI & RTI are both up 35% for 3 months (15% in just the last 2 weeks). My target here is $40
HAPPY INVESTING
OIL SERVICES AND EQUIPMENT
This sector is too driven by stock prices. One of my main reasons for getting in these companies was to enjoy the benefit of major oil related profits but with less risk associated with volatile oil prices. Simply put, we avoided none of the volatility.
My major premise for these comapnies, however, remains firm. Think about a wheel turning. The big companies sit in the middle and smaller companies hug the periphery. A small turn of the wheel moves the center a little bit but the outside rotates a lot. That is the case in both a rising and a falling sector.
SLB kicked off the energy equipment sector with a big gain, showing that demand is strong
ATW Up 8% on no news
CLB Up 18% on no news
DO Up 8% Especially strong given the 1 time $4 dividend.
ESV Up 5%
MDR Up 8% they just received 2 contracts. The first is for Lukoil to lay 36 miles of pipes in the Caspian Sea with an estimated value of $700M. Anothe rone was awarded for India's offshore pipelines. Lastly, a $100M NOx facility in New Mexico. That's a backlog of an additional $1B+, and MDR does ~$4B annually in business.
BIOTECH
This was more mixed - although growth wsa solid, sometimes it wasn't solid enough
ILMN - Stopped out
DIGE - Down 2.5% after releasing great earnings.
HOLX - Up 10% after releasing great earnings
IMA - Up 10% IMA is on a big buying binge and the market likes it - they are at a 52 week high
HIGH TECH
NUAN - Up 4% on solid earnings
AMX - Up 7% on no news
UCTT - Up 7% on no news
SERVICES
CSH - Up 5% after releasing earnings. One interesting noteworthy point: my main fear with CSH was the impact of a construction bubble burst on the payday loan business. Business in this part of the company rose 80%, so my fears appear misplaced.
INFY - Up 4% on earnings
CTSH - Up 12% on earnings
OTHER
PCP - Up 11% after solid earnings and another acquisition. Their strong alignment with Boeing continues to payoff handsomely
TIE - Up 10% on no news. If anything, there is a big delay in the price if you compare TIE to their competitors ATI and RTI. ATI & RTI are both up 35% for 3 months (15% in just the last 2 weeks). My target here is $40
HAPPY INVESTING
posted by Andrew at
6:31 PM
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