Fidelity Select Pharmaceuticals (MUTF: FPHAX) review : The Fidelity Select Pharmaceuticals fund is seeking capital appreciation. This Fidelity investments fund usually invests majority of assets (>80%) in securities of companies principally engaged in the research, development, manufacture, sale, or distribution of pharmaceuticals and drugs of all types. It may invest in securities of foreign issuers. The fund is non-diversified mutual fund.
FPHAX Fund Details ;
* Fund Inception Date: June 18, 2001
* Ticker Symbol: FPHAX
* CUSIP: 316390442
* Beta (3yr): 0.68
* Rank in category (YTD): 18%
* Category: Health
* Distribution: 1.02%
* Capital Gains: N/A
* Number of Years Up: 7 years
* Number of Years Down: 2 years
* Total Net Assets: $583.25 million
This Fidelity fund is a no load fund (i.e. there is no sales load), it also has no management fee (i.e. 12b1 fee). The fund’s expense ratio is 0.94% per year. The fund has been managed by Andrew Oh since July 2006. This fund is classified in health category.
Morningstar has rated four stars rating for this Fidelity Select Pharmaceuticals fund. Based on load adjusted return, this FPHAX fund has returned 37.40% over the past year and 14.42% over the past three years. This top rated sector fund has its best performance year in 2009 with 25.41%. Its worst performance return occurred in 2002 with -23.37%. The past 5 years performance of this best rated fund is listed below:
* Year 2010: 16.36%
* Year 2009: 25.41%
* Year 2008: -22.71%
* Year 2007: 13.40%
* Year 2006: 12.49%
If you are interested in this fund, the minimum initial investment for brokerage account is $2,500 and only $500 for IRA account. There is no minimum subsequent investment needed. This fund is available to many investors. Investors can purchase this fund through 62 brokerages. Please check with your brokerage account for details about this fund.
This fund has a total of 114 holdings as of June 2011. The top ten holdings are Glaxosmithkline Plc Spons Adr, Johnson & Johnson, Sanofi Spon Adr, Merck & Co Inc New, Pfizer Inc, Valeant Pharmaceuticals Intl, Shire Plc Spon Adr, Novartis Ag Spon Adr, Novo-Nordisk As Cl B Adr and Allergan Inc. These ten holdings represent 45.77% of the total portfolio. As of June 2011, the asset allocation of this fund is Domestic Equities (59.27%), International Equities (39.27%) and Cash & Net Other Assets (1.46%).
The fund’s major market sectors as of June 2011 are Health Care (97.63%), Consumer Staples (0.54%), Industrials (0.21%) and Information Technology (0.16%).
Accodring to the fund’s prospectus, the principal investment risks include:
* Stock market volatility
* Foreign exposure
* Biotechnology industry concentration
* Issuer Specific Changes
Saturday, August 20, 2011
Best Mutual Funds 2011 by Forbes Magazine August edition
Best Mutual Funds 2011 by Forbes Magazine August edition : Top mutual funds list which I followed is the Forbes magazine recommendation. This ten great mutual funds details can be found below. Most of these investment funds are part of equity mutual funds or stock funds. Some may be classified as domestic stock fund, international stock fund, emerging market stock funds, small cap stock fund, multi sector equity fund, balanced fund, bond fund, etc.
Note: International stock funds and small cap stock funds could be more volatile than regular large cap domestic stock funds. The Top 10 Best Mutual Funds 2011 per Forbes Magazine on August 2011 edition are:
Turner Emerging Growth Investor
The Turner Emerging Growth Investor investment seeks capital appreciation. This Turner Investment Partners fund invests mainly in equity securities of U.S. companies with small and very small market capitalizations and also in securities of companies that are diversified across economic sectors. Its exposure is generally <5% of assets in any single stock, subject to exceptions for the most heavily weighted securities in the 2000 Growth Index. Read More...
Bernstein Emerging Markets
The Bernstein Emerging Markets fund objective is to provide long-term capital growth. The fund normally invests at least 80% of assets in securities of companies in emerging markets. It invests approximately 50% of assets in emerging markets value stocks and 50% of assets in emerging markets growth stocks. The fund may invest in more developed country markets. Read More...
CGM Focus (MUTF: CGMFX)
The CGM Focus fund is seeking long-term growth of capital. This fund normally invests in the stock of between 20-100 companies at any one time. It may invest in companies of any size, but primarily invests in companies with market capitalizations of more than $5 billion. The fund may also invest in debt and fixed income securities (investment grade & non-investment grade or junk bonds). Read More...
Bruce fund investment (MUTF: BRUFX)
The Bruce fund investment seeks long-term capital appreciation. The fund invests primarily in domestic common stocks and bonds, including convertible bonds and zero coupon treasury government bonds. This Bruce fund invests in domestic common stocks of any capitalization where the overriding strategy is long-term capital appreciation. It may also invest in foreign securities. Read More...
BlackRock International Opportunities Investor A (MUTF: BREAX)
This BlackRock International Opportunities Investor fund is to provide long-term capital appreciation. The fund generally invests majority of net assets (>80%) in equity securities issued by foreign companies of any market capitalization. This BlackRock mutual fund may invest <30% of net assets in stocks of issuers in emerging market countries. The fund primarily buys common stock but can also invest in preferred stock and convertible securities. From time to time it may invest in shares of companies through initial public offerings or IPOs. Read More...
Wasatch Micro Cap (MUTF: WMICX)
The Wasatch Micro Cap fund objective is to seek long-term growth of capital. It also has a secondary objective which is to provide income. The fund invests at least 80% of net assets in the equity securities of micro-cap companies with market capitalizations of less than $1 billion. It may invest up to 30% of total assets at the time of purchase in securities issued by foreign companies in developed or emerging markets. Read More...
Rydex / SGI Mid Cap Value A (SEVAX)
The Rydex / SGI Mid Cap Value fund is seeking long-term growth of capital. The fund generally invests >80% of net assets in equity securities of companies that, when purchased, have market capitalizations that are similar to those of companies in the Russell 2500 Value Index. This Rydex|SGI fund may invest a portion of its assets in options and futures contracts. Read More...
Wells Fargo Advantage Small Cap Value Investor (SSMVX)
The Wells Fargo Advantage Small Cap Value fund investment seeks long-term capital appreciation. The fund invests at least 80% of net assets in equity securities of small-capitalization companies, which are defined as companies with market capitalizations within the range of the Russell 2500TM Index. It can invest up to 30% of total assets in equity securities of foreign issuers through ADRs and similar investments. Furthermore, the fund can use futures, options, repurchase or reverse repurchase agreements or swap agreements, as well as other derivatives, to manage risk or to enhance return. Read More...
Royce Opportunity Investment (MUTF: RYPNX)
The Royce Opportunity fund objective is to seek long-term growth of capital. The fund invests mainly in the equity securities of small- and micro-cap companies, those with market capitalizations <$2.5 billion. Although the fund typically focuses on the securities of companies with market capitalizations up to $2.5 billion, it may, in certain market environments, invest an equal or greater percentage of its assets in securities of larger-cap companies and may invest <10% of its assets in foreign stocks. Read More...
MFS International New Discovery A (MIDAX) mutual fund
The MFS International New Discovery fund objective is to provide capital appreciation. The fund generally invests in foreign equity securities, including emerging-market equity securities. Read More...
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Note: International stock funds and small cap stock funds could be more volatile than regular large cap domestic stock funds. The Top 10 Best Mutual Funds 2011 per Forbes Magazine on August 2011 edition are:
Turner Emerging Growth Investor
The Turner Emerging Growth Investor investment seeks capital appreciation. This Turner Investment Partners fund invests mainly in equity securities of U.S. companies with small and very small market capitalizations and also in securities of companies that are diversified across economic sectors. Its exposure is generally <5% of assets in any single stock, subject to exceptions for the most heavily weighted securities in the 2000 Growth Index. Read More...
Bernstein Emerging Markets
The Bernstein Emerging Markets fund objective is to provide long-term capital growth. The fund normally invests at least 80% of assets in securities of companies in emerging markets. It invests approximately 50% of assets in emerging markets value stocks and 50% of assets in emerging markets growth stocks. The fund may invest in more developed country markets. Read More...
CGM Focus (MUTF: CGMFX)
The CGM Focus fund is seeking long-term growth of capital. This fund normally invests in the stock of between 20-100 companies at any one time. It may invest in companies of any size, but primarily invests in companies with market capitalizations of more than $5 billion. The fund may also invest in debt and fixed income securities (investment grade & non-investment grade or junk bonds). Read More...
Bruce fund investment (MUTF: BRUFX)
The Bruce fund investment seeks long-term capital appreciation. The fund invests primarily in domestic common stocks and bonds, including convertible bonds and zero coupon treasury government bonds. This Bruce fund invests in domestic common stocks of any capitalization where the overriding strategy is long-term capital appreciation. It may also invest in foreign securities. Read More...
BlackRock International Opportunities Investor A (MUTF: BREAX)
This BlackRock International Opportunities Investor fund is to provide long-term capital appreciation. The fund generally invests majority of net assets (>80%) in equity securities issued by foreign companies of any market capitalization. This BlackRock mutual fund may invest <30% of net assets in stocks of issuers in emerging market countries. The fund primarily buys common stock but can also invest in preferred stock and convertible securities. From time to time it may invest in shares of companies through initial public offerings or IPOs. Read More...
Wasatch Micro Cap (MUTF: WMICX)
The Wasatch Micro Cap fund objective is to seek long-term growth of capital. It also has a secondary objective which is to provide income. The fund invests at least 80% of net assets in the equity securities of micro-cap companies with market capitalizations of less than $1 billion. It may invest up to 30% of total assets at the time of purchase in securities issued by foreign companies in developed or emerging markets. Read More...
Rydex / SGI Mid Cap Value A (SEVAX)
The Rydex / SGI Mid Cap Value fund is seeking long-term growth of capital. The fund generally invests >80% of net assets in equity securities of companies that, when purchased, have market capitalizations that are similar to those of companies in the Russell 2500 Value Index. This Rydex|SGI fund may invest a portion of its assets in options and futures contracts. Read More...
Wells Fargo Advantage Small Cap Value Investor (SSMVX)
The Wells Fargo Advantage Small Cap Value fund investment seeks long-term capital appreciation. The fund invests at least 80% of net assets in equity securities of small-capitalization companies, which are defined as companies with market capitalizations within the range of the Russell 2500TM Index. It can invest up to 30% of total assets in equity securities of foreign issuers through ADRs and similar investments. Furthermore, the fund can use futures, options, repurchase or reverse repurchase agreements or swap agreements, as well as other derivatives, to manage risk or to enhance return. Read More...
Royce Opportunity Investment (MUTF: RYPNX)
The Royce Opportunity fund objective is to seek long-term growth of capital. The fund invests mainly in the equity securities of small- and micro-cap companies, those with market capitalizations <$2.5 billion. Although the fund typically focuses on the securities of companies with market capitalizations up to $2.5 billion, it may, in certain market environments, invest an equal or greater percentage of its assets in securities of larger-cap companies and may invest <10% of its assets in foreign stocks. Read More...
MFS International New Discovery A (MIDAX) mutual fund
The MFS International New Discovery fund objective is to provide capital appreciation. The fund generally invests in foreign equity securities, including emerging-market equity securities. Read More...
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MFS International New Discovery A (MIDAX) mutual fund Review
MFS International New Discovery A (MIDAX) mutual funds Review ; The MFS International New Discovery fund objective is to provide capital appreciation. The fund generally invests in foreign equity securities, including emerging-market equity securities. It generally focuses on companies with small- to medium-capitalizations although it may invest in companies of any size. The fund also invests in derivatives. It may also enter into short sales for the fund.
The lead manager of this MFS fund is David Antonelli. He has managed this fund since its inception in October 1997. Investor can invest in this fund by opening a brokerage account with $1,000 minimum initial investment and $250 for IRA account. The 12b1 of this fund is 0.25% and the front-end sales load fee is 5.75%. The expense ratio of this CCAFX fund is 1.44% per year. This fund is in the Foreign Small/ Mid Growth category.
Morningstar has rated this fund with 4 stars rating. This MFS mutual fund has performed in 10 years with positive return and 3 years with negative return. It has Year-to-Date return of 4.25%. This 4 stars rated fund has returned 11.32% over the past decade.
There are 98 brokerages that provide this fund, such as Merrill Lynch, JP Morgan, E Trade Financial, etc. This fund is available in many other classes like Class B (MIDBX), Class C (MIDCX), R1 Class (MIDGX), R2 Class (MIDRX), R3 Class (MIDHX), R4 Class (MIDJX), 529A Class (EAIDX), 529B (EBIDX) and 529C (ECIDX).
The top ten holdings of MFS fund as of June 2011 represent 10.9% of total net assets. They are Croda International PLC, Bunzl PLC, Swedish Match AB, Amadeus IT Holding SA, Christian Dior SA, JGC Corp, GEA Group AG, Hiscox Ltd, Iluka Resources Ltd and Miraca Holdings Inc.
MFS fund stocks predictions 2011- 2012,MFS fund stock prices 2011,MFS fund, MFS fund shares prices forecast 2012, assets allocation of MFS fund
The lead manager of this MFS fund is David Antonelli. He has managed this fund since its inception in October 1997. Investor can invest in this fund by opening a brokerage account with $1,000 minimum initial investment and $250 for IRA account. The 12b1 of this fund is 0.25% and the front-end sales load fee is 5.75%. The expense ratio of this CCAFX fund is 1.44% per year. This fund is in the Foreign Small/ Mid Growth category.
Morningstar has rated this fund with 4 stars rating. This MFS mutual fund has performed in 10 years with positive return and 3 years with negative return. It has Year-to-Date return of 4.25%. This 4 stars rated fund has returned 11.32% over the past decade.There are 98 brokerages that provide this fund, such as Merrill Lynch, JP Morgan, E Trade Financial, etc. This fund is available in many other classes like Class B (MIDBX), Class C (MIDCX), R1 Class (MIDGX), R2 Class (MIDRX), R3 Class (MIDHX), R4 Class (MIDJX), 529A Class (EAIDX), 529B (EBIDX) and 529C (ECIDX).
The top ten holdings of MFS fund as of June 2011 represent 10.9% of total net assets. They are Croda International PLC, Bunzl PLC, Swedish Match AB, Amadeus IT Holding SA, Christian Dior SA, JGC Corp, GEA Group AG, Hiscox Ltd, Iluka Resources Ltd and Miraca Holdings Inc.
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Royce Opportunity Investment fund (MUTF: RYPNX) Review
Royce Opportunity Investment fund (MUTF: RYPNX) Review ; The Royce Opportunity fund objective is to seek long-term growth of capital. The fund invests mainly in the equity securities of small- and micro-cap companies, those with market capitalizations <$2.5 billion. Although the fund typically focuses on the securities of companies with market capitalizations up to $2.5 billion, it may, in certain market environments, invest an equal or greater percentage of its assets in securities of larger-cap companies and may invest <10% of its assets in foreign stocks.
This investment fund is categorized in Small Value equity fund. Boniface Zaino has managed this Royce fund since April 1998. The fund has $2.15 billion net assets. The annual expense ratio is 1.17%. The fund has had 11 years in positive performance since its inception 14 years ago. This fund has returned 20.68% over the past year and 9.08% over the past ten years.
To start investing in this fund, you will need a minimum of $2,000 for the initial investment in regular brokerage account and $1,000 for retirement (IRA) account. You can choose from the other classes of Royce Opportunity fund, such as Service Class (RYOFX), Consultant Class (ROFCX), Institutional Class (ROFIX), R Class (ROFRX) and K Class (ROFKX). This fund has no 12b1 fee and no sales load fee. This RYPNX can be purchased from 82 brokerages.
As of June 2011, the top holdings of RYPNX fund are Haynes International (0.8%), OM Group (0.8%), Dilard’s Class A (0.8%), Carpenter Technology (0.8%), Century Aluminum (0.8%), Kaiser Aluminum (0.8%), Albany International (0.7%), Trinity Industries (0.7%), Nanometrics (0.7%) and Ferro Corporation (0.7%).
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This investment fund is categorized in Small Value equity fund. Boniface Zaino has managed this Royce fund since April 1998. The fund has $2.15 billion net assets. The annual expense ratio is 1.17%. The fund has had 11 years in positive performance since its inception 14 years ago. This fund has returned 20.68% over the past year and 9.08% over the past ten years.
To start investing in this fund, you will need a minimum of $2,000 for the initial investment in regular brokerage account and $1,000 for retirement (IRA) account. You can choose from the other classes of Royce Opportunity fund, such as Service Class (RYOFX), Consultant Class (ROFCX), Institutional Class (ROFIX), R Class (ROFRX) and K Class (ROFKX). This fund has no 12b1 fee and no sales load fee. This RYPNX can be purchased from 82 brokerages.
As of June 2011, the top holdings of RYPNX fund are Haynes International (0.8%), OM Group (0.8%), Dilard’s Class A (0.8%), Carpenter Technology (0.8%), Century Aluminum (0.8%), Kaiser Aluminum (0.8%), Albany International (0.7%), Trinity Industries (0.7%), Nanometrics (0.7%) and Ferro Corporation (0.7%).
RYPNX fund stocks predictions 2011- 2012, RYPNX fund stock prices 2011,RYPNX fund, RYPNX fund shares prices forecast 2012, assets allocation of RYPNX fund.
Wells Fargo Advantage Small Cap Value Investor (SSMVX) Review
Wells Fargo Advantage Small Cap Value Investor (SSMVX) Review : The Wells Fargo Advantage Small Cap Value fund investment seeks long-term capital appreciation. The fund invests at least 80% of net assets in equity securities of small-capitalization companies, which are defined as companies with market capitalizations within the range of the Russell 2500TM Index.
It can invest up to 30% of total assets in equity securities of foreign issuers through ADRs and similar investments. Furthermore, the fund can use futures, options, repurchase or reverse repurchase agreements or swap agreements, as well as other derivatives, to manage risk or to enhance return.
This Wells Fargo fund’s manager is I. Charles Rinaldi. He has been managing this Wells Fargo Advantage mutual fund since its inception in December 1997. The expense ratio of this fund is 1.35% annualy. This fund has no 12b1 fee and no front-end sales load fee. This fund has net assets of $4.11 billion.
This SSMVX fund has gotten with 4-stars rating from Morningstar. The fund total net assets are $4.1 billion. Since its inception, this fund has achieved 11 years with positive 1-year total return with the best performance in 2009 with 51.90%. It has returned 15.84% over the past year and 5.49% over the past five years. This SSMVX fund has -1.32% YTD return.
The minimum balance needed to open either brokerage account of this fund is $2,500. For the next minimum subsequent investment, you will need $100 or more. This Wells Fargo Advantage Small Cap Value Investor fund is available for purchase from a wide selection of 81 brokerages like Merrill Lynch, JP Morgan, T Rowe Price, etc.
The top sectors of this Wells Fargo fund are Energy (25.0%), Financials (18%), Materials (17%), Industrials (12%) and Information Technology (9%). The top ten holdings of this fund are Randgold Resources Limited (6.62%), Interoil Corporation (6.14%), Chimera Investment Corporation (3.25%), McMoRan Exploration Co (2.86%), Range Resources Corporation (2.59%), Chicago Bridge & Iron Company (2.43%), United Continental Holdings (1.96%), Newpark Resources Incorporated (1.58%), Ion Geophysical Corporation (1.47%) and Carpenter Technology common (1.44%).
SSMVX fund stocks predictions 2011- 2012, SSMVX fund stock prices 2011,SSMVX fund, SSMVX fund shares prices forecast 2012, assets allocation of SSMVX fund
It can invest up to 30% of total assets in equity securities of foreign issuers through ADRs and similar investments. Furthermore, the fund can use futures, options, repurchase or reverse repurchase agreements or swap agreements, as well as other derivatives, to manage risk or to enhance return.
This Wells Fargo fund’s manager is I. Charles Rinaldi. He has been managing this Wells Fargo Advantage mutual fund since its inception in December 1997. The expense ratio of this fund is 1.35% annualy. This fund has no 12b1 fee and no front-end sales load fee. This fund has net assets of $4.11 billion.
This SSMVX fund has gotten with 4-stars rating from Morningstar. The fund total net assets are $4.1 billion. Since its inception, this fund has achieved 11 years with positive 1-year total return with the best performance in 2009 with 51.90%. It has returned 15.84% over the past year and 5.49% over the past five years. This SSMVX fund has -1.32% YTD return.
The minimum balance needed to open either brokerage account of this fund is $2,500. For the next minimum subsequent investment, you will need $100 or more. This Wells Fargo Advantage Small Cap Value Investor fund is available for purchase from a wide selection of 81 brokerages like Merrill Lynch, JP Morgan, T Rowe Price, etc.
The top sectors of this Wells Fargo fund are Energy (25.0%), Financials (18%), Materials (17%), Industrials (12%) and Information Technology (9%). The top ten holdings of this fund are Randgold Resources Limited (6.62%), Interoil Corporation (6.14%), Chimera Investment Corporation (3.25%), McMoRan Exploration Co (2.86%), Range Resources Corporation (2.59%), Chicago Bridge & Iron Company (2.43%), United Continental Holdings (1.96%), Newpark Resources Incorporated (1.58%), Ion Geophysical Corporation (1.47%) and Carpenter Technology common (1.44%).
SSMVX fund stocks predictions 2011- 2012, SSMVX fund stock prices 2011,SSMVX fund, SSMVX fund shares prices forecast 2012, assets allocation of SSMVX fund
Rydex / SGI Mid Cap Value A fund (SEVAX) Review
Rydex / SGI Mid Cap Value A fund (SEVAX) Review : The Rydex / SGI Mid Cap Value fund is seeking long-term growth of capital. The fund generally invests >80% of net assets in equity securities of companies that, when purchased, have market capitalizations that are similar to those of companies in the Russell 2500 Value Index. This Rydex|SGI fund may invest a portion of its assets in options and futures contracts.
This SEVAX fund has $1.53 billion net assets. This fund is in the Small Value category. The annual expense ratio of this fund is 1.37%. The fund dividend yield is 0.22%. This fund does have 0.25% management fee and 5.75% front-end sales load fee. This fund is currently managed by James P. Schier. He has been with this fund since its inception in May 1997. The benchmark of this fund is Russell 2500 Value Index.
This fund has received 4 stars rating from Morningstar. It has a YTD return of 2.41%. This Rydex fund has returned 17.25% over the past year, 9.62% over the past 3 year, 6.06% over the past five year, and 10.55% over the past decade. The best 1-year total return was achieved in 2003 with 51.83%. The 3-years beta of this fund is 0.99.
The minimum balanced to invest in the regular brokerage account of this SEVAX fund is $100. This fund can be purchased from a selection of 83 brokerages, include JP Morgan, Schwab Retail, Td Ameritrade, etc. This fund has performed in 11 years of positive achievement and 2 years of negative return. The other classes of this fund are Class B (SVSBX) and Class C (SEVSX) that was introduced to public in January 1999.
As of June 2011, the top sectors of this Rydex fund are Industrials (20.23%), Financials (17.17%), Consumer Discretionary (10.84%), Utilities (10.4%) and Energy (10.34%). The top ten holdings as of June 2011 are Hanover Insurance Group (2.90%), Cabela’s Inc (2.78%), Computer Sciences Corporation (2.76%), IXYS Corporation (2.36%), Bemis Company Inc (2.29%), American Financial Group Inc (2.11%), GeoEye Inc (2.09%), Berkley Corporation (2.01%), SandRidge Energy Inc (2.00%) and JM Smucker Company (1.98%).
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This SEVAX fund has $1.53 billion net assets. This fund is in the Small Value category. The annual expense ratio of this fund is 1.37%. The fund dividend yield is 0.22%. This fund does have 0.25% management fee and 5.75% front-end sales load fee. This fund is currently managed by James P. Schier. He has been with this fund since its inception in May 1997. The benchmark of this fund is Russell 2500 Value Index.
This fund has received 4 stars rating from Morningstar. It has a YTD return of 2.41%. This Rydex fund has returned 17.25% over the past year, 9.62% over the past 3 year, 6.06% over the past five year, and 10.55% over the past decade. The best 1-year total return was achieved in 2003 with 51.83%. The 3-years beta of this fund is 0.99.
The minimum balanced to invest in the regular brokerage account of this SEVAX fund is $100. This fund can be purchased from a selection of 83 brokerages, include JP Morgan, Schwab Retail, Td Ameritrade, etc. This fund has performed in 11 years of positive achievement and 2 years of negative return. The other classes of this fund are Class B (SVSBX) and Class C (SEVSX) that was introduced to public in January 1999.
As of June 2011, the top sectors of this Rydex fund are Industrials (20.23%), Financials (17.17%), Consumer Discretionary (10.84%), Utilities (10.4%) and Energy (10.34%). The top ten holdings as of June 2011 are Hanover Insurance Group (2.90%), Cabela’s Inc (2.78%), Computer Sciences Corporation (2.76%), IXYS Corporation (2.36%), Bemis Company Inc (2.29%), American Financial Group Inc (2.11%), GeoEye Inc (2.09%), Berkley Corporation (2.01%), SandRidge Energy Inc (2.00%) and JM Smucker Company (1.98%).
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Wasatch Micro Cap fund (MUTF: WMICX) Review
Wasatch Micro Cap fund (MUTF: WMICX) Review : The Wasatch Micro Cap fund objective is to seek long-term growth of capital. It also has a secondary objective which is to provide income. The fund invests at least 80% of net assets in the equity securities of micro-cap companies with market capitalizations of less than $1 billion. It may invest up to 30% of total assets at the time of purchase in securities issued by foreign companies in developed or emerging markets.
As one of the small growth stock fund, this Wasatch fund’s manager is Daniel Chace since 2004. The fund has annual expense ratio of 2.18%. This fund has no 12b1 fee and no front-end sales load fee. Morningstar has rated this WMICX fund with 3-stars rating. This fund is currently on the 8th rank in the Small Growth category. The fund total net assets are $329.24 million.
Since its inception, this fund has recorded 13 years positive performance with the best total return in 2001 with 49.99%. It has returned 28.71% over the past year and 8.17% over the past ten years. This WMICX fund has 1.13% YTD return. There is no other class of this fund. This fund is currently open to all investors. The benchmarks of this fund are Russell Microcap Index and Russell 2000 Index.
The minimum balance needed to open either brokerage account or IRA account of this fund is $2,000 with the $100 for the minimum subsequent investment for both accounts. WMICX is available for purchase from a wide selection of 77 brokerages like JP Morgan, Schwab Retail, Td Ameritrade Inc, etc.
The top five holdings of this Wasatch Micro Cap fund as of March 2011 are State Street/ Ficc Repo (3.63%), Power Integrations Inc (2.95%), CorVel Corporation (2.63%), Hibbett Sports Inc (2.51%) and Interactive Intelligence Inc (2.47%).
Wasatch Micro Cap fund stocks predicctions 2011- 2012, WMICX fund stock prices 2011, WMICX shares prices forecast 2012, assets allocation of WMICX
As one of the small growth stock fund, this Wasatch fund’s manager is Daniel Chace since 2004. The fund has annual expense ratio of 2.18%. This fund has no 12b1 fee and no front-end sales load fee. Morningstar has rated this WMICX fund with 3-stars rating. This fund is currently on the 8th rank in the Small Growth category. The fund total net assets are $329.24 million.Since its inception, this fund has recorded 13 years positive performance with the best total return in 2001 with 49.99%. It has returned 28.71% over the past year and 8.17% over the past ten years. This WMICX fund has 1.13% YTD return. There is no other class of this fund. This fund is currently open to all investors. The benchmarks of this fund are Russell Microcap Index and Russell 2000 Index.
The minimum balance needed to open either brokerage account or IRA account of this fund is $2,000 with the $100 for the minimum subsequent investment for both accounts. WMICX is available for purchase from a wide selection of 77 brokerages like JP Morgan, Schwab Retail, Td Ameritrade Inc, etc.
The top five holdings of this Wasatch Micro Cap fund as of March 2011 are State Street/ Ficc Repo (3.63%), Power Integrations Inc (2.95%), CorVel Corporation (2.63%), Hibbett Sports Inc (2.51%) and Interactive Intelligence Inc (2.47%).
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BlackRock International Opportunities Investor A (MUTF: BREAX) Review
BlackRock International Opportunities Investor A (MUTF: BREAX) Review : This BlackRock International Opportunities Investor fund is to provide long-term capital appreciation. The fund generally invests majority of net assets (>80%) in equity securities issued by foreign companies of any market capitalization. This BlackRock mutual fund may invest <30% of net assets in stocks of issuers in emerging market countries. The fund primarily buys common stock but can also invest in preferred stock and convertible securities. From time to time it may invest in shares of companies through initial public offerings or IPOs.
This BREAX fund is in the category of Foreign Large Blend fund. It has $2.30 billion net assets. The yearly expense ratio of this fund is 1.59%. This expense ratio is higher than the average expense in the category of 1.35%. The fund dividend yield is 0. 80% and it is distributed annually. This fund does have 0.25% management fee and 5.25% front-end sales load fee. This fund is managed by Thomas P. Callan since and Michael Carey. The CUSIP of this fund is 091929307.
This 4 stars rated fund currently has 4.21% YTD return. As one of the best rated fund, this Blackrock fund has returned 19.95% over the past year, 4.94% over the past 5 year and 12.15% over the past ten years. The best performance was achieved in 1999 with 150.50%.
The minimum balanced to invest in the regular brokerage account of this BREAX fund is $1,000. This fund can be purchased from 101 brokerages, include JP Morgan, Merrill Lynch, Schwab Retail, etc. Since its inception, this fund has performed in 9 years of positive achievement and 4 years of negative return. The other classes of this fund are Class Investor B (BREBX), Class Investor C (BRECX) and Institutional Class (BISIX). Among all, the BISIX has the lowest expense ratio of 1.35%.
As of June 2011, the top ten equity holdings of BREAX fund are Royal Dutch Shell (2.3%), HSBC (1.6%), Banco Bradesco (1.3%), Xstrata (1.2%), IHI (1.1%), Siemens (1.1%), Telefonica (1.1%), Zeon (1.1%), Fresenius Medical Care (1.0%) and Hyundai Engineering and Construction (1.0%).
BREAX fund stocks predicctions 2011- 2012, BREAX fund stock prices 2011, BREAX fund shares prices forecast 2012, assets allocation of BREAX fund
This BREAX fund is in the category of Foreign Large Blend fund. It has $2.30 billion net assets. The yearly expense ratio of this fund is 1.59%. This expense ratio is higher than the average expense in the category of 1.35%. The fund dividend yield is 0. 80% and it is distributed annually. This fund does have 0.25% management fee and 5.25% front-end sales load fee. This fund is managed by Thomas P. Callan since and Michael Carey. The CUSIP of this fund is 091929307.
This 4 stars rated fund currently has 4.21% YTD return. As one of the best rated fund, this Blackrock fund has returned 19.95% over the past year, 4.94% over the past 5 year and 12.15% over the past ten years. The best performance was achieved in 1999 with 150.50%.
The minimum balanced to invest in the regular brokerage account of this BREAX fund is $1,000. This fund can be purchased from 101 brokerages, include JP Morgan, Merrill Lynch, Schwab Retail, etc. Since its inception, this fund has performed in 9 years of positive achievement and 4 years of negative return. The other classes of this fund are Class Investor B (BREBX), Class Investor C (BRECX) and Institutional Class (BISIX). Among all, the BISIX has the lowest expense ratio of 1.35%.
As of June 2011, the top ten equity holdings of BREAX fund are Royal Dutch Shell (2.3%), HSBC (1.6%), Banco Bradesco (1.3%), Xstrata (1.2%), IHI (1.1%), Siemens (1.1%), Telefonica (1.1%), Zeon (1.1%), Fresenius Medical Care (1.0%) and Hyundai Engineering and Construction (1.0%).
BREAX fund stocks predicctions 2011- 2012, BREAX fund stock prices 2011, BREAX fund shares prices forecast 2012, assets allocation of BREAX fund
Bruce Fund (MUTF: BRUFX) Review
Bruce Fund (MUTF: BRUFX) Review : The Bruce fund investment seeks long-term capital appreciation. The fund invests primarily in domestic common stocks and bonds, including convertible bonds and zero coupon treasury government bonds. This Bruce fund invests in domestic common stocks of any capitalization where the overriding strategy is long-term capital appreciation. It may also invest in foreign securities.Rated forth in the best funds of Forbes list, this Bruce fund has been managed by Robert B. Bruce since its inception in October 1983. He has been president of Bruce & Company since 1974. This moderate allocation balanced fund is categorized in Moderate Allocation category. The fund has no management fee and no front-end sales load fee.
The minimum amount needed to open a brokerage account in this fund is $1,000 with $500 minimum subsequent investment. No retirement (IRA) account is available. Please note as information from the fund’s website, this fund is currently not available for sale in Nebraska or Texas. For 2011 year-to-date, this BRUFX fund has returned 9.49%. This 5 stars rated fund has returned 23.93% over the past year, and 17.19% over the past decade. There is no other class available for this best rated fund.
The top holdings of this equity mutual fund as of June 2011 represent 35.34% of the total portfolio. The assets allocation of BRUFX fund is 40.33% in Stock, 25.73% in Bond, 16.95% in Cash and 16.99% in Other. The top sectors of Bruce Fund are Healthcare (17.14%), Consumer Cyclical (14.94%), Industrials (13.32%), Technology (12.22%) and Utilities (11.92%).
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CGM Focus fund (MUTF: CGMFX) Review
CGM Focus fund (MUTF: CGMFX) Review : The CGM Focus fund is seeking long-term growth of capital. This fund normally invests in the stock of between 20-100 companies at any one time. It may invest in companies of any size, but primarily invests in companies with market capitalizations of more than $5 billion. The fund may also invest in debt and fixed income securities (investment grade & non-investment grade or junk bonds).
G. Kenneth Heebner has managed this fund since September 1997. This CGM fund has $2.58 billion net assets. The annual expense ratio is 1.03%. Morningstar has rated this fund with 2-stars rating. It has 1.29% beta for over the last three years. The annual holdings turnover of this rate is quite high (363.0%) compared to the average in Large Growth category which is 87.49%. This CGMFX is a no load fund, there is no 12b1 fee and no sales load fee as well.
This CGM fund has -8.45% YTD return. This large growth stock fund has returned 16.23% over the past year and 10.25% over the past ten years. The previous year performance of this fund is as follow:
* Year 2010: 16.94%
* Year 2009: 10.42%
* Year 2008: -48.18%
* Year 2007: 79.97%
Since its inception in 1997, this fund has achieved 11 years in positive return and 2 years in negative return. If you are interested in investing in this CGM Focus fund, you will need a minimum of $2,500 for the initial investment in regular brokerage account and $1,000 for retirement (IRA) account with $50 minimum subsequent investment applicable for both accounts. This CGMFX can be bought from a limited of 26 brokerages.
As of March 2011, the top five holdings of this CGMFX fund represent 31.83% of total portfolio. They are Priceline.com Inc (7.06%), National Oilwell Varco Inc (6.78%), Tata Motors Ltd (6.25%), ASML Holding NV (6.05%) and CBS Corporation B (5.68%). The top sectors of this fund are Technology (24.32%), Energy (21.45%), Consumer Cyclical (19.17%), Basic Materials (16.71%) and Industrials (14.64%). Almost all of the CGMFX asset is allocated in stocks (99.08%), only a small part of 0.92% is allocated in cash.
According to the fund’s prospectus, investing in this fund involves Principal Risks such as Non-diversification risk, Market risk, Industry/ sector exposure risk, Short sale risk, Small and medium-sized companies risk, Fixed income investments risk, Lower rated debt securities risk, Foreign securities risk, Key personnel risk, etc.
CGMFX asset is allocated in stocks predicctions 2011- 2012, CGMFX stock prices 2011, ASML Holding NV, CGMFX shares prices forecast 2012.
G. Kenneth Heebner has managed this fund since September 1997. This CGM fund has $2.58 billion net assets. The annual expense ratio is 1.03%. Morningstar has rated this fund with 2-stars rating. It has 1.29% beta for over the last three years. The annual holdings turnover of this rate is quite high (363.0%) compared to the average in Large Growth category which is 87.49%. This CGMFX is a no load fund, there is no 12b1 fee and no sales load fee as well.
This CGM fund has -8.45% YTD return. This large growth stock fund has returned 16.23% over the past year and 10.25% over the past ten years. The previous year performance of this fund is as follow:
* Year 2010: 16.94%
* Year 2009: 10.42%
* Year 2008: -48.18%
* Year 2007: 79.97%
Since its inception in 1997, this fund has achieved 11 years in positive return and 2 years in negative return. If you are interested in investing in this CGM Focus fund, you will need a minimum of $2,500 for the initial investment in regular brokerage account and $1,000 for retirement (IRA) account with $50 minimum subsequent investment applicable for both accounts. This CGMFX can be bought from a limited of 26 brokerages.
As of March 2011, the top five holdings of this CGMFX fund represent 31.83% of total portfolio. They are Priceline.com Inc (7.06%), National Oilwell Varco Inc (6.78%), Tata Motors Ltd (6.25%), ASML Holding NV (6.05%) and CBS Corporation B (5.68%). The top sectors of this fund are Technology (24.32%), Energy (21.45%), Consumer Cyclical (19.17%), Basic Materials (16.71%) and Industrials (14.64%). Almost all of the CGMFX asset is allocated in stocks (99.08%), only a small part of 0.92% is allocated in cash.
According to the fund’s prospectus, investing in this fund involves Principal Risks such as Non-diversification risk, Market risk, Industry/ sector exposure risk, Short sale risk, Small and medium-sized companies risk, Fixed income investments risk, Lower rated debt securities risk, Foreign securities risk, Key personnel risk, etc.
CGMFX asset is allocated in stocks predicctions 2011- 2012, CGMFX stock prices 2011, ASML Holding NV, CGMFX shares prices forecast 2012.
Bernstein Emerging Markets (Ticker: SNEMX) Review
Bernstein Emerging Markets (Ticker: SNEMX) Review ; The Bernstein Emerging Markets fund objective is to provide long-term capital growth. The fund normally invests at least 80% of assets in securities of companies in emerging markets. It invests approximately 50% of assets in emerging markets value stocks and 50% of assets in emerging markets growth stocks. The fund may invest in more developed country markets.
This AllianceBernstein fund is managed by Seth Masters since its inception in December 1995. This is a no load fund, it means there is no 12b1 fee as well no sales load fee (either front-end sales load or deferred sales load). It has an annual holdings turnover of 67% as of July 2011. This fund has total net assets of $1.79 billion.
This fund is currently positioned on the rank 52nd in the Diversified Emerging Markets category. The SNEMX fund has -1.14% YTD return. The performance of this fund is as below:
* 1-year: 14.66%
* 3-year: 3.66%
* 5-year: 8.32%
* 10-year: 18.21%
So far, this Bernstein fund has with 10 years positive returns and 5 years negative returns. The best achievement was in year 2009 with 87.40%. Morningstar has provided this fund with 4-stars return rating. The minimum initial investment for this SNEMX fund is $25,000 for brokerage account. This diversified emerging markets stock fund is currently available for purchase from a limited of 4 brokerages. They are Northwestern Mutual Inv Srvc, LLC, DailyAccess Corporation RTC, Trade PMR Transaction Fee, and Waddell & Reed Choice MAP Flex.
As of May 2011, the top holdings of this SNEMX fund are Samsung Electronics Co, Ltd (3.14%), Vales SA ADR (3.12%), OAO Gazprom ADR (3.04%), Lukoil Company ADR (1.91%) and CNOOC Ltd (1.85%). Majority of the assets are invested in stocks (98.85%). The top sectors are Financial Services (24.90%), Energy (16.13%), Technology (15.65%), Basic Materials (13.42%) and Consumer Cyclical (10.22%).
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This AllianceBernstein fund is managed by Seth Masters since its inception in December 1995. This is a no load fund, it means there is no 12b1 fee as well no sales load fee (either front-end sales load or deferred sales load). It has an annual holdings turnover of 67% as of July 2011. This fund has total net assets of $1.79 billion.
This fund is currently positioned on the rank 52nd in the Diversified Emerging Markets category. The SNEMX fund has -1.14% YTD return. The performance of this fund is as below:
* 1-year: 14.66%
* 3-year: 3.66%
* 5-year: 8.32%
* 10-year: 18.21%
So far, this Bernstein fund has with 10 years positive returns and 5 years negative returns. The best achievement was in year 2009 with 87.40%. Morningstar has provided this fund with 4-stars return rating. The minimum initial investment for this SNEMX fund is $25,000 for brokerage account. This diversified emerging markets stock fund is currently available for purchase from a limited of 4 brokerages. They are Northwestern Mutual Inv Srvc, LLC, DailyAccess Corporation RTC, Trade PMR Transaction Fee, and Waddell & Reed Choice MAP Flex.
As of May 2011, the top holdings of this SNEMX fund are Samsung Electronics Co, Ltd (3.14%), Vales SA ADR (3.12%), OAO Gazprom ADR (3.04%), Lukoil Company ADR (1.91%) and CNOOC Ltd (1.85%). Majority of the assets are invested in stocks (98.85%). The top sectors are Financial Services (24.90%), Energy (16.13%), Technology (15.65%), Basic Materials (13.42%) and Consumer Cyclical (10.22%).
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Turner Emerging Growth Investor (MUTF: TMCGX) Review
Turner Emerging Growth Investor (MUTF: TMCGX) Review ; The Turner Emerging Growth Investor investment seeks capital appreciation. This Turner Investment Partners fund invests mainly in equity securities of U.S. companies with small and very small market capitalizations and also in securities of companies that are diversified across economic sectors. Its exposure is generally <5% of assets in any single stock, subject to exceptions for the most heavily weighted securities in the 2000 Growth Index. This small growth domestic stock fund is one of the fund in the top list of Forbes' best mutual funds. Frank L Sustersic has managed this fund since its inception in February 1998. This fund has expense ratio of 1.40% per yeary. This expense fee is a bit lower compared to the average in the Small Growth category (1.52%). The total net asset of this fund is $595.72 million. This TMCGX fund is under the management of Turner Investment Partners. Currently it is on 24th rank in the small growth category. The CUSIP of this fund is 872524301.
This Turner fund has been rated 4-star rating by Morningstar. Since 1998, it has performed 10 years of positive return and 2 years of negative return. The best achievement was in 1999 with 144.39%. This best fund has returned 33.55% over the past one year and 8.93% over the past decade. This TMCGX fund has 7.26% YTD return.
To start investing in this TMCGX fund, you will need a minimum of $2,500 for brokerage account and $2,000 for retirement (IRA) account. This is a no load fund, there is no 12b1 fee and no sales load fee. The minimum subsequent investment for both accounts is $50. This fund can be purchased from 82 brokerages, such as JP Morgan, T Rowe Price, Td Ameritrade Inc, E Trade Financial, etc. The other class of this Investor class is Institutional Class (TMCOX) that has 1.17% annual expense ratio.
As of June 2011, the top ten holdings of this fund are Blackrock Liq Fd Tempcash (5.62 %), Amerigroup Corporation (3.19 %), Ariba Inc. (2.59 %), Deckers Outdoor Corp (2.50 %), Triumph Group Inc. (2.35 %), Huntsman Corp. (1.75 %), Middleby Corp (1.75 %), Catalyst Health Solutions (1.74 %), Genesee & Wyoming Inc (1.71 %) and Clean Harbors, Inc. (1.60 %).
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This Turner fund has been rated 4-star rating by Morningstar. Since 1998, it has performed 10 years of positive return and 2 years of negative return. The best achievement was in 1999 with 144.39%. This best fund has returned 33.55% over the past one year and 8.93% over the past decade. This TMCGX fund has 7.26% YTD return.
To start investing in this TMCGX fund, you will need a minimum of $2,500 for brokerage account and $2,000 for retirement (IRA) account. This is a no load fund, there is no 12b1 fee and no sales load fee. The minimum subsequent investment for both accounts is $50. This fund can be purchased from 82 brokerages, such as JP Morgan, T Rowe Price, Td Ameritrade Inc, E Trade Financial, etc. The other class of this Investor class is Institutional Class (TMCOX) that has 1.17% annual expense ratio.
As of June 2011, the top ten holdings of this fund are Blackrock Liq Fd Tempcash (5.62 %), Amerigroup Corporation (3.19 %), Ariba Inc. (2.59 %), Deckers Outdoor Corp (2.50 %), Triumph Group Inc. (2.35 %), Huntsman Corp. (1.75 %), Middleby Corp (1.75 %), Catalyst Health Solutions (1.74 %), Genesee & Wyoming Inc (1.71 %) and Clean Harbors, Inc. (1.60 %).
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Best Stocks with Rising Dividends sorted by market cap 2011
Best Stocks with Rising Dividends sorted by market cap 2011 : A company’s profitability can come from more than one source, and some are preferred over others. This is why an analysis beyond the top and bottom-line numbers is important when choosing stocks. List sorted by market cap.
American Express Company (AXP) Mortgage Investment Industry.
Market cap of $54.75B. Dividend yield at 1.57%, payout ratio at 18.88%. Current year dividend per share estimate at $0.73 vs. last year dividend per share at $0.72. TTM payout ratio at 18.88% vs. 3-year average at 28.90%. Net profit margin has increased to 16.24% from 13.72% one year ago. Sales/Assets has increased to 0.06 from 0.05, while Assets/Equity has decreased to 8.12 from 9.91. The stock is currently stuck in a downtrend, trading 8.71% below its SMA20, 11.31% below its SMA50, and 5.41% below its SMA200. The stock has had a couple of great days, gaining 7.15% over the last week. The stock has performed poorly over the last month, losing 11.48%.
Prudential plc (PUK) Life Insurance Industry
Market cap of $26.03B. Dividend yield at 4.03%, payout ratio at 34.70%. Current year dividend per share estimate at $0.81 vs. last year dividend per share at $0.78. TTM payout ratio at 34.70% vs. 3-year average at 71.88%. Net profit margin has increased to 3.99% from -1.85% one year ago. Sales/Assets has increased to 0.08 from 0.07, while Assets/Equity has decreased to 31.7 from 42.24. The stock is currently stuck in a downtrend, trading 7.53% below its SMA20, 11.76% below its SMA50, and 11.52% below its SMA200. The stock has had a couple of great days, gaining 14.01% over the last week.
Harley-Davidson, Inc. (HOG) Recreational Vehicles Industry
Market cap of $8.76B. Dividend yield at 1.35%, payout ratio at 27.74%. Current year dividend per share estimate at $0.46 vs. last year dividend per share at $0.40. TTM payout ratio at 27.74% vs. 3-year average at 45.32%. Net profit margin has increased to 12.66% from 5.44% one year ago. Sales/Assets has increased to 0.16 from 0.13, while Assets/Equity has decreased to 3.7 from 4.78. This is a risky stock that is significantly more volatile than the overall market (beta = 2.22). The stock is currently stuck in a downtrend, trading 15.94% below its SMA20, 14.57% below its SMA50, and 9.66% below its SMA200. The stock has performed poorly over the last month, losing 17.85%.
KLA-Tencor Corporation (KLAC) Semiconductor Equipment & Materials Industry
Market cap of $6.04B. Dividend yield at 3.87%, payout ratio at 21.07%. Current year dividend per share estimate at $1.21 vs. last year dividend per share at $1.00. TTM payout ratio at 21.07% vs. 3-year average at 123.74%. Net profit margin has increased to 27.46% from 20.21% one year ago. Sales/Assets has increased to 0.19 from 0.14, while Assets/Equity has decreased to 1.63 from 1.74. The stock is currently stuck in a downtrend, trading 10.56% below its SMA20, 12.58% below its SMA50, and 16.58% below its SMA200. The stock has performed poorly over the last month, losing 13.87%.
HB Fuller Co. (FUL) Specialty Chemicals Industry.
Market cap of $1.04B. Dividend yield at 1.42%, payout ratio at 17.46%. Current year dividend per share estimate at $0.28 vs. last year dividend per share at $0.28. TTM payout ratio at 17.46% vs. 3-year average at 22.91%. Net profit margin has increased to 6.38% from 3.16% one year ago. Sales/Assets has increased to 0.32 from 0.31, while Assets/Equity has decreased to 1.73 from 2. The stock is currently stuck in a downtrend, trading 9.14% below its SMA20, 11.72% below its SMA50, and 7.24% below its SMA200. The stock has had a couple of great days, gaining 5.14% over the last week. The stock has performed poorly over the last month, losing 12.03%.
Keynote Systems Inc. (KEYN) Internet Software & Services Industry.
Market cap of $365.93M. Dividend yield at 1.13%, payout ratio at 29.55%. Current year dividend per share estimate at $0.24 vs. last year dividend per share at $0.20. TTM payout ratio at 29.55% vs. 3-year average at 48.43%. Net profit margin has increased to 15.61% from -1.66% one year ago. Sales/Assets has increased to 0.12 from 0.11, while Assets/Equity has decreased to 1.2 from 1.22. After a solid performance over the last year, KEYN has pulled back during recent sessions. The stock is 8.6% below its SMA20 and 4.37% below its SMA50, but remains 11.77% above its SMA200. The stock has gained 131.77% over the last year.
American Express Company (AXP) Mortgage Investment Industry.
Market cap of $54.75B. Dividend yield at 1.57%, payout ratio at 18.88%. Current year dividend per share estimate at $0.73 vs. last year dividend per share at $0.72. TTM payout ratio at 18.88% vs. 3-year average at 28.90%. Net profit margin has increased to 16.24% from 13.72% one year ago. Sales/Assets has increased to 0.06 from 0.05, while Assets/Equity has decreased to 8.12 from 9.91. The stock is currently stuck in a downtrend, trading 8.71% below its SMA20, 11.31% below its SMA50, and 5.41% below its SMA200. The stock has had a couple of great days, gaining 7.15% over the last week. The stock has performed poorly over the last month, losing 11.48%.
Prudential plc (PUK) Life Insurance Industry
Market cap of $26.03B. Dividend yield at 4.03%, payout ratio at 34.70%. Current year dividend per share estimate at $0.81 vs. last year dividend per share at $0.78. TTM payout ratio at 34.70% vs. 3-year average at 71.88%. Net profit margin has increased to 3.99% from -1.85% one year ago. Sales/Assets has increased to 0.08 from 0.07, while Assets/Equity has decreased to 31.7 from 42.24. The stock is currently stuck in a downtrend, trading 7.53% below its SMA20, 11.76% below its SMA50, and 11.52% below its SMA200. The stock has had a couple of great days, gaining 14.01% over the last week.
Harley-Davidson, Inc. (HOG) Recreational Vehicles Industry
Market cap of $8.76B. Dividend yield at 1.35%, payout ratio at 27.74%. Current year dividend per share estimate at $0.46 vs. last year dividend per share at $0.40. TTM payout ratio at 27.74% vs. 3-year average at 45.32%. Net profit margin has increased to 12.66% from 5.44% one year ago. Sales/Assets has increased to 0.16 from 0.13, while Assets/Equity has decreased to 3.7 from 4.78. This is a risky stock that is significantly more volatile than the overall market (beta = 2.22). The stock is currently stuck in a downtrend, trading 15.94% below its SMA20, 14.57% below its SMA50, and 9.66% below its SMA200. The stock has performed poorly over the last month, losing 17.85%.
KLA-Tencor Corporation (KLAC) Semiconductor Equipment & Materials Industry
Market cap of $6.04B. Dividend yield at 3.87%, payout ratio at 21.07%. Current year dividend per share estimate at $1.21 vs. last year dividend per share at $1.00. TTM payout ratio at 21.07% vs. 3-year average at 123.74%. Net profit margin has increased to 27.46% from 20.21% one year ago. Sales/Assets has increased to 0.19 from 0.14, while Assets/Equity has decreased to 1.63 from 1.74. The stock is currently stuck in a downtrend, trading 10.56% below its SMA20, 12.58% below its SMA50, and 16.58% below its SMA200. The stock has performed poorly over the last month, losing 13.87%.
HB Fuller Co. (FUL) Specialty Chemicals Industry.
Market cap of $1.04B. Dividend yield at 1.42%, payout ratio at 17.46%. Current year dividend per share estimate at $0.28 vs. last year dividend per share at $0.28. TTM payout ratio at 17.46% vs. 3-year average at 22.91%. Net profit margin has increased to 6.38% from 3.16% one year ago. Sales/Assets has increased to 0.32 from 0.31, while Assets/Equity has decreased to 1.73 from 2. The stock is currently stuck in a downtrend, trading 9.14% below its SMA20, 11.72% below its SMA50, and 7.24% below its SMA200. The stock has had a couple of great days, gaining 5.14% over the last week. The stock has performed poorly over the last month, losing 12.03%.
Keynote Systems Inc. (KEYN) Internet Software & Services Industry.
Market cap of $365.93M. Dividend yield at 1.13%, payout ratio at 29.55%. Current year dividend per share estimate at $0.24 vs. last year dividend per share at $0.20. TTM payout ratio at 29.55% vs. 3-year average at 48.43%. Net profit margin has increased to 15.61% from -1.66% one year ago. Sales/Assets has increased to 0.12 from 0.11, while Assets/Equity has decreased to 1.2 from 1.22. After a solid performance over the last year, KEYN has pulled back during recent sessions. The stock is 8.6% below its SMA20 and 4.37% below its SMA50, but remains 11.77% above its SMA200. The stock has gained 131.77% over the last year.
Yingli Green Energy Holding Co. Ltd (YGE) stock outlook 2011
Yingli Green Energy Holding Co. Ltd (YGE) stock predictions 2011 : Chinese solar energy company Yingli Green Energy Holding Co. Ltd. (YGE: News ) reported Friday a profit for the second quarter that surged from last year, reflecting strong revenue growth and as the year-ago quarter was weighed down by a significant foreign currency translation loss.
The Baoding, China-based photovoltaic products manufacturer reported net income of RMB 375.59 million or $58.11 million for the second quarter, higher than RMB 217.80 million in the prior-year quarter. Earnings per share and per ADS were RMB 2.34 or $0.36, up from RMB 1.41 last year.
Excluding items, adjusted net income for the quarter surged to RMB 354.03 million or $54.78 million or RMB 2.21 per share or $0.34 per share, from RMB 261.02 million or RMB 1.69 per share in the year-ago quarter.
Total net revenues for the quarter increased 62.9 percent to RMB 4.40 billion or $680.56 million from RMB 2.70 billion in the same quarter last year. Twenty Wall Street analysts had a consensus revenue estimate of $616.04 million for the quarter.
Yingli Green Energy Holding Co. Ltd (YGE) reported earnings results for the quarter ended June 2011. The company reported $0.33 per share when analysts were expecting earnings of $0.29. Earnings beat analyst estimates by 13.79%. Investors could expect the stock price to increase as results were better than expected.
Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. Shares of YGE fell by 6.57% or $-0.37/share to $5.26. In the past year, the shares have traded as low as $5.00 and as high as $14.29. On average, 4423530 shares of YGE exchange hands on a given day and today's volume is recorded at 7862333.
The Baoding, China-based photovoltaic products manufacturer reported net income of RMB 375.59 million or $58.11 million for the second quarter, higher than RMB 217.80 million in the prior-year quarter. Earnings per share and per ADS were RMB 2.34 or $0.36, up from RMB 1.41 last year.
Excluding items, adjusted net income for the quarter surged to RMB 354.03 million or $54.78 million or RMB 2.21 per share or $0.34 per share, from RMB 261.02 million or RMB 1.69 per share in the year-ago quarter.
Total net revenues for the quarter increased 62.9 percent to RMB 4.40 billion or $680.56 million from RMB 2.70 billion in the same quarter last year. Twenty Wall Street analysts had a consensus revenue estimate of $616.04 million for the quarter.
Yingli Green Energy Holding Co. Ltd (YGE) reported earnings results for the quarter ended June 2011. The company reported $0.33 per share when analysts were expecting earnings of $0.29. Earnings beat analyst estimates by 13.79%. Investors could expect the stock price to increase as results were better than expected.
Further analysis may need to be done to determine whether the upswing will come to effect. Guidance and revenue estimates must be taken into consideration. Shares of YGE fell by 6.57% or $-0.37/share to $5.26. In the past year, the shares have traded as low as $5.00 and as high as $14.29. On average, 4423530 shares of YGE exchange hands on a given day and today's volume is recorded at 7862333.
European stock market outlook august 22 2011
European stock market outlook august 22 2011 : European shares have fallen after talks between French and German leaders did little to calm investors’ fears that the debt crisis could spread further.
The two leaders agreed to press for closer economic integration within the euro zone, but did not announce any specific measures to tackle the crisis.
Shares opened sharply lower before recovering, with Frankfurt’s Dax index down 0.5% and London’s FTSE 100 flat. The gold price also hit a new a record high, reflecting continued uncertainty.
A proposed tax on financial transactions also hit bank shares.
Deutsche Bank, BNP Paribas and Barclays all fell by about 3%. Shares in the London Stock Exchange and Deutsche Boerse also fell by a similar amount.
The tax could be used to raise money to help bolster any future bailout funds, but the proposal has already met with opposition from one member state.
German Chancellor Angela Merkel and French President Nicolas Sarkozy called on Tuesday night for “true economic governance” for the euro zone in response to the debt crisis.
The leaders called for much closer economic policy in the euro zone, but said that this could only be achieved by a “step-by-step” process.
Merkel also stressed that issuing so-called Eurobonds, IOUs issued to investors backed by the euro zone as a whole rather than individual countries, would not be on the agenda until closer economic union had been achieved.
“Eurobonds can be imagined one day, but at the end of the European integration process, not at the beginning,” said Sarkozy. He added that the fund’s size is “sufficient”.
“It is often said that eurobonds are a last resort for the euro zone but I don’t think the euro zone is dependent on last resorts,” said Merkel. “I don’t think eurobonds help us.”
The leaders’ reluctance to discuss eurobonds reflects deep hostility in
Germany and other northern countries, such as the Netherlands and Finland, towards what they see as helping financially undisciplined countries without firm guarantees in return.
Some policymakers and investors have argued that issuing these bonds would go a long way to calming volatile stock markets and resolving the debt crisis.
Both the Italian Finance Minister, Giulio Tremonti, and billionaire investor George Soros have backed the idea.
To tackle concerns about high levels of debt among euro zone governments in general, Merkel and Sarkozy proposed that a requirement for member states to balance their budgets should be enshrined in each of their constitutions by the summer of 2012.
In another initiative to increase tax revenues, the leaders advocated harmonising corporate tax rates across the single currency.
The two leaders also said they wanted bi-annual meetings of the 17 heads of the euro zone governments, chaired by Herman van Rompuy, the current president of the European Council.
As well as proposals for the euro zone as a whole, the meeting also came up with some bilateral plans between Germany and France.
These included plans for a joint proposal on a financial transactions tax and meetings to exchange views about economic and budgetary policies.
In addition, French and German finance ministers are to come up with ideas to increase the convergence and competitiveness of the two economies, in particular a proposal for a joint business tax.
Chancellor Merkel and President Sarkozy were meeting in Paris in the wake of recent turmoil on the financial markets, which came amid fears of a renewed global recession and concerns that Spain and Italy may be dragged into the debt crisis.
European Commission President Jose Manuel Barroso hailed the “important” agreement reached by German Chancellor Angela Merkel and French President Nicolas Sarkozy on the way forward for the crisis-hit euro zone.
Barroso said plans including a permanent governorship of the euro zone’s combined economy “represent an important political contribution by the leaders of the two largest euro area economies”.
“A regular format and frequency for the euro area summits, with a permanent chair, contributes to a more stable and stronger political leadership,” Barroso said of the call for European Union President Herman Van Rompuy to become the focal point of new, cross-border economic governance.
In a joint statement issued alongside his commissioner for economic affairs, Olli Rehn, Barroso also said a demand that all 17 euro zone governments adopt similar laws to Berlin enshrining balanced budgets, as well as a move to introduce a financial transactions tax, together amounted to a “welcome step forward”.
They said: “The call to enshrine the principle of a debt brake in national constitutional law is a further strong political commitment to the long-term sustainability of public finances.”
Meanwhile, “a financial transaction tax will be a key instrument to ensure that the financial sector makes a fairer contribution to public accounts”, they said, promising new legislative plans in this area.
But others dismissed it as too little. “The Franco-German meeting has not produced anything particularly new or useful,” said Sony Kapoor, managing director of Re-Define, an economic policy thinktank.
The European Central Bank last week spent a record €22bn buying euro zone government bonds in a bid to prevent the euro zone debt crisis spreading.
The buying spree represented the most the central bank has spent since it first began bond-buying in May last year in response to the Greek debt crisis.
It also shows the scale of the challenge faced by the bank in keeping down the borrowing costs of Italy and Spain, the euro zone’s third and fourth largest economies.
The bond buyback programme, supposed to be a temporary measure while politicians attempt to solve the euro zone’s problems, is controversial among ECB policy-makers.
It is most strongly opposed by Jens Weidmann and Juergen Stark, German members of the bank’s governing council, who feel the bank is moving into political territory.
However, the bank has felt itself compelled to move as various agreements by EU politicians over recent months have failed to draw a line under the crisis.
A July deal to allow the euro zone rescue fund to buy bonds – which the ECB keenly wants to come into force – has first to be ratified by member states.
The two leaders agreed to press for closer economic integration within the euro zone, but did not announce any specific measures to tackle the crisis.
Shares opened sharply lower before recovering, with Frankfurt’s Dax index down 0.5% and London’s FTSE 100 flat. The gold price also hit a new a record high, reflecting continued uncertainty.
A proposed tax on financial transactions also hit bank shares.
Deutsche Bank, BNP Paribas and Barclays all fell by about 3%. Shares in the London Stock Exchange and Deutsche Boerse also fell by a similar amount.
The tax could be used to raise money to help bolster any future bailout funds, but the proposal has already met with opposition from one member state.
German Chancellor Angela Merkel and French President Nicolas Sarkozy called on Tuesday night for “true economic governance” for the euro zone in response to the debt crisis.
The leaders called for much closer economic policy in the euro zone, but said that this could only be achieved by a “step-by-step” process.
Merkel also stressed that issuing so-called Eurobonds, IOUs issued to investors backed by the euro zone as a whole rather than individual countries, would not be on the agenda until closer economic union had been achieved.
“Eurobonds can be imagined one day, but at the end of the European integration process, not at the beginning,” said Sarkozy. He added that the fund’s size is “sufficient”.
“It is often said that eurobonds are a last resort for the euro zone but I don’t think the euro zone is dependent on last resorts,” said Merkel. “I don’t think eurobonds help us.”
The leaders’ reluctance to discuss eurobonds reflects deep hostility in
Germany and other northern countries, such as the Netherlands and Finland, towards what they see as helping financially undisciplined countries without firm guarantees in return.
Some policymakers and investors have argued that issuing these bonds would go a long way to calming volatile stock markets and resolving the debt crisis.
Both the Italian Finance Minister, Giulio Tremonti, and billionaire investor George Soros have backed the idea.
To tackle concerns about high levels of debt among euro zone governments in general, Merkel and Sarkozy proposed that a requirement for member states to balance their budgets should be enshrined in each of their constitutions by the summer of 2012.
In another initiative to increase tax revenues, the leaders advocated harmonising corporate tax rates across the single currency.
The two leaders also said they wanted bi-annual meetings of the 17 heads of the euro zone governments, chaired by Herman van Rompuy, the current president of the European Council.
As well as proposals for the euro zone as a whole, the meeting also came up with some bilateral plans between Germany and France.
These included plans for a joint proposal on a financial transactions tax and meetings to exchange views about economic and budgetary policies.
In addition, French and German finance ministers are to come up with ideas to increase the convergence and competitiveness of the two economies, in particular a proposal for a joint business tax.
Chancellor Merkel and President Sarkozy were meeting in Paris in the wake of recent turmoil on the financial markets, which came amid fears of a renewed global recession and concerns that Spain and Italy may be dragged into the debt crisis.
European Commission President Jose Manuel Barroso hailed the “important” agreement reached by German Chancellor Angela Merkel and French President Nicolas Sarkozy on the way forward for the crisis-hit euro zone.
Barroso said plans including a permanent governorship of the euro zone’s combined economy “represent an important political contribution by the leaders of the two largest euro area economies”.
“A regular format and frequency for the euro area summits, with a permanent chair, contributes to a more stable and stronger political leadership,” Barroso said of the call for European Union President Herman Van Rompuy to become the focal point of new, cross-border economic governance.
In a joint statement issued alongside his commissioner for economic affairs, Olli Rehn, Barroso also said a demand that all 17 euro zone governments adopt similar laws to Berlin enshrining balanced budgets, as well as a move to introduce a financial transactions tax, together amounted to a “welcome step forward”.
They said: “The call to enshrine the principle of a debt brake in national constitutional law is a further strong political commitment to the long-term sustainability of public finances.”
Meanwhile, “a financial transaction tax will be a key instrument to ensure that the financial sector makes a fairer contribution to public accounts”, they said, promising new legislative plans in this area.
But others dismissed it as too little. “The Franco-German meeting has not produced anything particularly new or useful,” said Sony Kapoor, managing director of Re-Define, an economic policy thinktank.
The European Central Bank last week spent a record €22bn buying euro zone government bonds in a bid to prevent the euro zone debt crisis spreading.
The buying spree represented the most the central bank has spent since it first began bond-buying in May last year in response to the Greek debt crisis.
It also shows the scale of the challenge faced by the bank in keeping down the borrowing costs of Italy and Spain, the euro zone’s third and fourth largest economies.
The bond buyback programme, supposed to be a temporary measure while politicians attempt to solve the euro zone’s problems, is controversial among ECB policy-makers.
It is most strongly opposed by Jens Weidmann and Juergen Stark, German members of the bank’s governing council, who feel the bank is moving into political territory.
However, the bank has felt itself compelled to move as various agreements by EU politicians over recent months have failed to draw a line under the crisis.
A July deal to allow the euro zone rescue fund to buy bonds – which the ECB keenly wants to come into force – has first to be ratified by member states.
Hibbett Sports, Inc (HIB) stock prices predictions 2011
Hibbett Sports, Inc (HIB) stock prices predictions 2011 ; Hibbett Sports, Inc (HIBB) reported earnings results for the quarter ended July 2011. Earnings came in at $0.21 per share compared to analyst estimates of $0.19 per share. Earnings beat analyst estimates by 10.53%. Investors might expect the stock price to increase as results were better than expected. Further analysis may need to be done to determine whether the upswing will come to effect.
Guidance and revenue estimates must be taken into consideration. There are currently 17 analysts covering this firm. Investors can look to their reports for more information. Shares of HIBB traded higher by 1.7% or $0.56/share to $33.53. In the past year, the shares have traded as low as $22.09 and as high as $43.00. On average, 418149 shares of HIBB exchange hands on a given day and today's volume is recorded at 1071995.
Guidance and revenue estimates must be taken into consideration. There are currently 17 analysts covering this firm. Investors can look to their reports for more information. Shares of HIBB traded higher by 1.7% or $0.56/share to $33.53. In the past year, the shares have traded as low as $22.09 and as high as $43.00. On average, 418149 shares of HIBB exchange hands on a given day and today's volume is recorded at 1071995.
Best stock to watch for week august 22 2011
Best stock to watch for week august 22 2011, : The following stocks were among the best performers for the week: ProShares UltraShort Financials, ProShares UltraShort S&P500, Research In Motion Limited, Open Text Corp, and Nokia Corporation.
Shares of ProShares UltraShort Financials (SKF) had a total return gain of 8.98% for the week and are currently trading at $85.33. In the past year, the shares have traded as low as $53.92 and as high as $95.52. On average, 1968810 shares of SKF exchange hands on a given day and today's volume is recorded at 3205325. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $67.26 area where the stock will likely see buying pressure.
Shares of ProShares UltraShort S&P500 (SDS) had a total return gain of 8.96% for the week and are currently trading at $26.74. In the past year, the shares have traded as low as $19.48 and as high as $36.17. On average, 33411610 shares of SDS exchange hands on a given day and today's volume is recorded at 64214076. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $22.38 area.
Shares of Research In Motion Limited (RIMM) had a total return gain of 8.67% for the week and are currently trading at $26.69. In the past year, the shares have traded as low as $21.60 and as high as $70.53. On average, 23054170 shares of RIMM exchange hands on a given day and today's volume is recorded at 31019836. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $27.85 area but be careful because the stock may face selling pressure at this level.
Shares of Open Text Corp (OTEX) had a total return gain of 8.31% for the week and are currently trading at $55.38. In the past year, the shares have traded as low as $40.48 and as high as $72.32. On average, 432530 shares of OTEX exchange hands on a given day and today's volume is recorded at 990945. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $56.38 area where the stock may encounter resistance.
Shares of Nokia Corporation (NOK) had a total return gain of 8.21% for the week and are currently trading at $5.8. In the past year, the shares have traded as low as $4.82 and as high as $11.06. On average, 41643630 shares of NOK exchange hands on a given day and today's volume is recorded at 50250240. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $5.83 area but be careful because the stock may face selling pressure at this level.
stock buy recommendations august 22, 2011, ProShares UltraShort Financials stock predictions august 2011 , ProShares UltraShort S&P500 stock predictions august 2011 , Research In Motion Limited stock predictions august 2011, Open Text Corp, and Nokia Corporation
Shares of ProShares UltraShort Financials (SKF) had a total return gain of 8.98% for the week and are currently trading at $85.33. In the past year, the shares have traded as low as $53.92 and as high as $95.52. On average, 1968810 shares of SKF exchange hands on a given day and today's volume is recorded at 3205325. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $67.26 area where the stock will likely see buying pressure.
Shares of ProShares UltraShort S&P500 (SDS) had a total return gain of 8.96% for the week and are currently trading at $26.74. In the past year, the shares have traded as low as $19.48 and as high as $36.17. On average, 33411610 shares of SDS exchange hands on a given day and today's volume is recorded at 64214076. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $22.38 area.
Shares of Research In Motion Limited (RIMM) had a total return gain of 8.67% for the week and are currently trading at $26.69. In the past year, the shares have traded as low as $21.60 and as high as $70.53. On average, 23054170 shares of RIMM exchange hands on a given day and today's volume is recorded at 31019836. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $27.85 area but be careful because the stock may face selling pressure at this level.
Shares of Open Text Corp (OTEX) had a total return gain of 8.31% for the week and are currently trading at $55.38. In the past year, the shares have traded as low as $40.48 and as high as $72.32. On average, 432530 shares of OTEX exchange hands on a given day and today's volume is recorded at 990945. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $56.38 area where the stock may encounter resistance.
Shares of Nokia Corporation (NOK) had a total return gain of 8.21% for the week and are currently trading at $5.8. In the past year, the shares have traded as low as $4.82 and as high as $11.06. On average, 41643630 shares of NOK exchange hands on a given day and today's volume is recorded at 50250240. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $5.83 area but be careful because the stock may face selling pressure at this level.
stock buy recommendations august 22, 2011, ProShares UltraShort Financials stock predictions august 2011 , ProShares UltraShort S&P500 stock predictions august 2011 , Research In Motion Limited stock predictions august 2011, Open Text Corp, and Nokia Corporation
best performers gold stock for week august 20 2011
best performers gold stock for week august 20 2011 ; The following stocks were among the best performers gold stock for the week august 20 2011 ;
Shares of Randgold Resources Ltd (GOLD) had a total return gain of 9.17% for the week and are currently trading at $109.99. In the past year, the shares have traded as low as $70.00 and as high as $107.44. On average, 787580 shares of GOLD exchange hands on a given day and today's volume is recorded at 1446011. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $87.80 area where the stock will likely see buying pressure.
Shares of New Gold, Inc (NGD) had a total return gain of 9.0% for the week and are currently trading at $12.47. In the past year, the shares have traded as low as $5.42 and as high as $12.60. On average, 3274860 shares of NGD exchange hands on a given day and today's volume is recorded at 4453483. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $10.51 area where the stock will likely see buying pressure.
best gold stock august 2011, Randgold Resources Ltd stock forecast 2011, Randgold Resources Ltd prices today, Randgold Resources Ltd chart august 2011, New Gold, Inc (NGD) shares prices predictions august 2011, New Gold, Inc (NGD)stock forecast september 2011.
Shares of Randgold Resources Ltd (GOLD) had a total return gain of 9.17% for the week and are currently trading at $109.99. In the past year, the shares have traded as low as $70.00 and as high as $107.44. On average, 787580 shares of GOLD exchange hands on a given day and today's volume is recorded at 1446011. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $87.80 area where the stock will likely see buying pressure.
Shares of New Gold, Inc (NGD) had a total return gain of 9.0% for the week and are currently trading at $12.47. In the past year, the shares have traded as low as $5.42 and as high as $12.60. On average, 3274860 shares of NGD exchange hands on a given day and today's volume is recorded at 4453483. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $10.51 area where the stock will likely see buying pressure.
best gold stock august 2011, Randgold Resources Ltd stock forecast 2011, Randgold Resources Ltd prices today, Randgold Resources Ltd chart august 2011, New Gold, Inc (NGD) shares prices predictions august 2011, New Gold, Inc (NGD)stock forecast september 2011.
iShares Silver Trust (SLV) stocks outlook august 2011
iShares Silver Trust (SLV) stocks outlook august 2011 ; Shares of iShares Silver Trust (SLV) had a total return gain of 9.34% for the week and are currently trading at $41.68. In the past year, the shares have traded as low as $17.48 and as high as $48.35. On average, 38048350 shares of SLV exchange hands on a given day and today's volume is recorded at 49144976.
The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $36.76 area where the stock will likely see buying pressure.
best silver stocks august 2011, iShares Silver Trust (SLV) chart august 2011, iShares Silver Trust (SLV) shares prices predictions 2011, iShares Silver Trust (SLV) stock forecast 2011, iShares Silver Trust (SLV) shares prices predictions september 2011.
The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $36.76 area where the stock will likely see buying pressure.
best silver stocks august 2011, iShares Silver Trust (SLV) chart august 2011, iShares Silver Trust (SLV) shares prices predictions 2011, iShares Silver Trust (SLV) stock forecast 2011, iShares Silver Trust (SLV) shares prices predictions september 2011.
Friday, August 19, 2011
Oil, gasoline, Natural gas, Price august 19 2011
Oil, gasoline, Natural gas, Price august 19 2011 ; Oil ended the day below $83 a barrel on Friday, finishing down about 4 percent for the week. That could spell more relief at the gas pump.
The national average for retail gasoline is $3.59 a gallon, according to AAA, Wright Express and Oil Price Information Service. That's down 10 percent from this year's high of $3.98 on May 5. Gas could be around $3.25 a gallon by Labor Day and may drop as low as $3.15 by the end of the year, according to Fred Rozell, OPIS retail pricing director.
While gas may be headed lower, it's still taking a big piece out of household income. The median U.S. household income before taxes is almost $50,000 a year. In July families spent about $374 a month on gasoline, or around 9 percent of household income, according to Rozell. For the year, monthly gas expenses average about 8.4 percent, compared with 6.7 percent in 2010.
Benchmark West Texas Intermediate crude for September delivery fell 12 cents to finish at $82.26 per barrel on the New York Mercantile Exchange after earlier rising as high as $83.55 per barrel. It fell back as stocks sold off Friday afternoon. Oil traders have been watching stocks for signs about the direction of the economy.
In London, Brent crude rose $1.63 to end the day at $108.62 per barrel on the ICE Futures exchange.
Benchmark crude is still well above its lowest point in the past year. It finished at $71.63 a barrel last Aug. 24.
PFGBest analyst Phil Flynn thinks traders may have overreacted after oil fell nearly 6 percent Thursday on a batch of negative economic news. He said that traders will remain guarded until there is more clarity about where the economy may be headed.
Crude got some support Friday from a weaker dollar, which hit a new post-World War II low against the Japanese yen. Oil and other commodities are priced in dollars, so a weaker dollar makes them cheaper for traders who use other currencies. Oil lost some ground by the end of the day as the dollar got a little stronger.
In other Nymex trading for September contracts, heating oil rose 2.97 cents to finish at $2.9045 per gallon and gasoline futures added 5.08 cents to end at $2.8412 per gallon. Natural gas rose 4.8 cents to finish at $3.940 per 1,000 cubic feet.
The national average for retail gasoline is $3.59 a gallon, according to AAA, Wright Express and Oil Price Information Service. That's down 10 percent from this year's high of $3.98 on May 5. Gas could be around $3.25 a gallon by Labor Day and may drop as low as $3.15 by the end of the year, according to Fred Rozell, OPIS retail pricing director.
While gas may be headed lower, it's still taking a big piece out of household income. The median U.S. household income before taxes is almost $50,000 a year. In July families spent about $374 a month on gasoline, or around 9 percent of household income, according to Rozell. For the year, monthly gas expenses average about 8.4 percent, compared with 6.7 percent in 2010.
Benchmark West Texas Intermediate crude for September delivery fell 12 cents to finish at $82.26 per barrel on the New York Mercantile Exchange after earlier rising as high as $83.55 per barrel. It fell back as stocks sold off Friday afternoon. Oil traders have been watching stocks for signs about the direction of the economy.
In London, Brent crude rose $1.63 to end the day at $108.62 per barrel on the ICE Futures exchange.
Benchmark crude is still well above its lowest point in the past year. It finished at $71.63 a barrel last Aug. 24.
PFGBest analyst Phil Flynn thinks traders may have overreacted after oil fell nearly 6 percent Thursday on a batch of negative economic news. He said that traders will remain guarded until there is more clarity about where the economy may be headed.
Crude got some support Friday from a weaker dollar, which hit a new post-World War II low against the Japanese yen. Oil and other commodities are priced in dollars, so a weaker dollar makes them cheaper for traders who use other currencies. Oil lost some ground by the end of the day as the dollar got a little stronger.
In other Nymex trading for September contracts, heating oil rose 2.97 cents to finish at $2.9045 per gallon and gasoline futures added 5.08 cents to end at $2.8412 per gallon. Natural gas rose 4.8 cents to finish at $3.940 per 1,000 cubic feet.
Why Gas Prices Go Up When Crude Oil Trends Down
Why Gas Prices Go Up When Crude Oil Trends Down ; Crude oil prices have been trending down lately, but you've probably noticed you don't always see the difference at the pump.
Here's why: while the price of crude oil makes up about 68 percent of the cost of a gallon of gasoline, it's not the only factor. According to oilprice.net, another 14 percent are federal and state taxes. Another 10 percent of what you pay at the pump is the cost of refining the gas. The rest are distribution and marketing costs, as well as profit margins.
While demand and supply does affect the price at the pump, the biggest influence may be speculation as retailers work keep their profit margins intact to allow for future purchases.
Here's why: while the price of crude oil makes up about 68 percent of the cost of a gallon of gasoline, it's not the only factor. According to oilprice.net, another 14 percent are federal and state taxes. Another 10 percent of what you pay at the pump is the cost of refining the gas. The rest are distribution and marketing costs, as well as profit margins.
While demand and supply does affect the price at the pump, the biggest influence may be speculation as retailers work keep their profit margins intact to allow for future purchases.
SmarTrend Apple (AAPL) shares prices outlook august 19 2011
SmarTrend Apple (AAPL)shares prices outlook august 19 2011 ; SmarTrend has detected shares of Apple (AAPL) have bearishly opened below the pivot of $366.69 today and have reached the first level of support of $360.73.
Should the shares continue to fall, we are monitoring the next support pivots of $355.41 and $344.13. Also, the shares are currently trading below the 50-day moving average of $359.33 and should find support at the 200-day moving averagea of $342.12.
In the last five trading sessions, the 50-day MA has climbed 0.92% while the 200-day MA has risen 0.43%. In the past 52 weeks, shares of Apple have traded between a low of $235.56 and a high of $404.50 and are now at $358.39, which is 52% above that low price.
SmarTrend currently has shares of Apple in an Downtrend and issued the Downtrend alert on August 05, 2011 at $373.04. The stock has fallen 1.9% since the Downtrend alert was issued
Should the shares continue to fall, we are monitoring the next support pivots of $355.41 and $344.13. Also, the shares are currently trading below the 50-day moving average of $359.33 and should find support at the 200-day moving averagea of $342.12.
In the last five trading sessions, the 50-day MA has climbed 0.92% while the 200-day MA has risen 0.43%. In the past 52 weeks, shares of Apple have traded between a low of $235.56 and a high of $404.50 and are now at $358.39, which is 52% above that low price.
SmarTrend currently has shares of Apple in an Downtrend and issued the Downtrend alert on August 05, 2011 at $373.04. The stock has fallen 1.9% since the Downtrend alert was issued
Gold and Silver Rates in Pakistan August 19,2011
Gold and Silver Rates in Pakistan August 19,2011 ; Find Today's current Gold rates in Pakistan and it major cities like Karachi, Lahore, and Islamabad. PakBiz.com Finance offers live online Bullion prices (24K gold bullion rates) of Pakistan in Pakistani Rupees, US Dollars and other major currencies in per once and per tola
Gold prices in Karachi, Gold prices Rawalpindi, Gold prices Faisalabad, Islamabad, Multan
| City | Gold | Silver | ||
|---|---|---|---|---|
| 24K 10 Grams | 24K Per Tola | 22K 10 Grams | 10 Grams | |
| Karachi | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Hyderabad | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Lahore | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Multan | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Islamabad | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Faisalabad | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Rawalpindi | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Quetta | Rs. 51,942.00 | Rs. 60,600.00 | Rs. 47,614.00 | Rs. 1,092.85 |
| Last Updated: August 19,2011 (Source: Karachi Saraf Jewellers Association) | ||||
Gold prices in Karachi, Gold prices Rawalpindi, Gold prices Faisalabad, Islamabad, Multan
Gold Price Today in Pakistan 19-08-2011
Gold Price Today in Pakistan 19-08-2011 : This page shows the latest gold price details in Pakistan in Pakistani Rupee,This includes gold price for ounce and gram of different Karats.
Gold Ounce 160,621.88
Gold Pound 36,152.84
Gram Karat 24 5,164.69
Gram Karat 22 4,733.92
Gram Karat 21 4,518.20
Gram Karat 18 3,872.27
Gram Karat 14 3,013.54
Gold Price per Ounce, Gold Price per Gram, Gram Karat 24, Gram Karat 22, Gram Karat 21, Gram Karat 18, Gram Karat 14
Gold Ounce 160,621.88
Gold Pound 36,152.84
Gram Karat 24 5,164.69
Gram Karat 22 4,733.92
Gram Karat 21 4,518.20
Gram Karat 18 3,872.27
Gram Karat 14 3,013.54
Gold Price per Ounce, Gold Price per Gram, Gram Karat 24, Gram Karat 22, Gram Karat 21, Gram Karat 18, Gram Karat 14
New ICICI Prudential Multiple Yield Fund - Plan D scheme price
New ICICI Prudential Multiple Yield Fund - Plan D scheme price ; ICICI Prudential Mutual Fund has launched ICICI Prudential Multiple Yield Fund - Plan D, a close ended income fund. The primary objective of the Plan under the Scheme is to seek to generate returns by investing in a portfolio of fixed income securities/ debt instruments. The secondary objective of the Scheme is to generate long term capital appreciation by investing a portion of the Scheme's assets in equity and equity related instruments.
The New Fund Offer (NFO) open for subscription from August 22, and close on September 2, 2011. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The tenure of the plan is 1100 days.
he scheme offers Cumulative and Dividend option. Dividend Payout is the only facility available under the Dividend Option. Dividend option will have half yearly dividend frequency. Cumulative Option shall be the default option under the Plan of the Scheme.
The minimum investment amount is Rs 5000 and in multiples of Rs 10 thereafter.
Entry / exit load - Nil. The scheme is proposed to be listed on NSE.
The scheme will allocate upto 70%-100% of assets in money market instruments, short term and medium term debt securities/ debt instruments and securitised and upto 30% of the asset in equity or equity related securities.
If a Plan decides to invest in securitised debt (Single loan and / or Pool loan Securitized debt), it could be upto 50% of the corpus of the Plan. If a plan decides to invest in equity derivatives it could be upto 100% of the allocation to equity. The margin money requirement for the purpose of derivative exposure may be held in the form of term deposits. The Scheme shall not take leverage positions and total investments, including investments in equity and other securities and gross exposure to derivatives, if any, shall not exceed net assets under management of the scheme. If a plan decides to invest in foreign securities it could be upto 100% of the allocation to equity. The cumulative gross exposure through equity, debt and derivative positions shall not exceed 100% of the net assets of the sc heme.
The benchmark index for the scheme will be Crisil MIP Blended Index.The scheme will be managed by Mr. Chaitanya Pande (Debt Investment) and Mr. Mrinal Singh (Equity Investments).
The New Fund Offer (NFO) open for subscription from August 22, and close on September 2, 2011. The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. The tenure of the plan is 1100 days.
he scheme offers Cumulative and Dividend option. Dividend Payout is the only facility available under the Dividend Option. Dividend option will have half yearly dividend frequency. Cumulative Option shall be the default option under the Plan of the Scheme.
The minimum investment amount is Rs 5000 and in multiples of Rs 10 thereafter.
Entry / exit load - Nil. The scheme is proposed to be listed on NSE.
The scheme will allocate upto 70%-100% of assets in money market instruments, short term and medium term debt securities/ debt instruments and securitised and upto 30% of the asset in equity or equity related securities.
If a Plan decides to invest in securitised debt (Single loan and / or Pool loan Securitized debt), it could be upto 50% of the corpus of the Plan. If a plan decides to invest in equity derivatives it could be upto 100% of the allocation to equity. The margin money requirement for the purpose of derivative exposure may be held in the form of term deposits. The Scheme shall not take leverage positions and total investments, including investments in equity and other securities and gross exposure to derivatives, if any, shall not exceed net assets under management of the scheme. If a plan decides to invest in foreign securities it could be upto 100% of the allocation to equity. The cumulative gross exposure through equity, debt and derivative positions shall not exceed 100% of the net assets of the sc heme.
The benchmark index for the scheme will be Crisil MIP Blended Index.The scheme will be managed by Mr. Chaitanya Pande (Debt Investment) and Mr. Mrinal Singh (Equity Investments).
Gold Prices prediction Next Week august 22 2011
Gold Prices prediction Next Week august 22 2011, Gold prices forecast, gold prices outlook ; The sharp rally to consecutive all-time nominal highs for gold prices on the back of concerns over problems in the European Union banks and dismal economic data this week in the U.S. has participants in the weekly Kitco News Gold Survey generally looking for higher prices.
In the Kitco News Gold Survey, out of 34 participants, 21 responded this week. Of those 21 participants, 19 see prices up, while two see prices down, and none see prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical chart analysts. Gold prices august 19 2011.
Most traders who expect to see higher prices said people are seeking a safe-haven in the fresh concerns over the European banking system and until the situation there is seen as less dire, gold will find support. Gold prices prediction september 2011
“Gold is gaining both increasing attention and ironically, growing skepticism that its current move can be sustained. That is very bullish. Emotion is driving the thinking of the skeptics, rather than the important fact that gold remains undervalued,” said James Turk, founder of GoldMoney.
The few participants who see weaker prices said the thin volumes that have helped to push prices higher could just as easily cause prices to tumble if there isn’t fresh news to “feed the bull.” One participant said most of the bad news is in the market, which makes sustaining to moves higher more difficult. (source www.forbes.com )
In the Kitco News Gold Survey, out of 34 participants, 21 responded this week. Of those 21 participants, 19 see prices up, while two see prices down, and none see prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical chart analysts. Gold prices august 19 2011.
Most traders who expect to see higher prices said people are seeking a safe-haven in the fresh concerns over the European banking system and until the situation there is seen as less dire, gold will find support. Gold prices prediction september 2011
“Gold is gaining both increasing attention and ironically, growing skepticism that its current move can be sustained. That is very bullish. Emotion is driving the thinking of the skeptics, rather than the important fact that gold remains undervalued,” said James Turk, founder of GoldMoney.
The few participants who see weaker prices said the thin volumes that have helped to push prices higher could just as easily cause prices to tumble if there isn’t fresh news to “feed the bull.” One participant said most of the bad news is in the market, which makes sustaining to moves higher more difficult. (source www.forbes.com )
Gold prices today august 19 2011
Gold prices today august 19 2011 : Gold soared to the latest in a series of new record highs of almost $1,900 an ounce in the week that the precious metal commemorated 40 years since it lost the role of underpinning the global foreign exchange system when the Bretton Woods agreement collapsed.
As investors ran for cover from turmoil in financial markets, they continued to turn to gold as a haven asset. Bullion hit a record of high of $1,877 a troy ounce on Friday and was trading at $1,850 an ounce at New York lunchtime, up 5.9 per cent since the start of the week. Read Gold prices prediction september 2011
Against the Swiss franc, gold also gained ground, hitting a new record of SFr1,484.84 on Friday. The yellow metal has had a strong run, up almost 14 per cent since the start of the month, and 24 per cent since the beginning of July.
Gold crossed $1,600 an ounce for the first time in mid-July; three weeks later it was worth more than $1,700 an ounce. Ten days later, it passed $1,800 an ounce, and it's now careening close to $1,900.
In midday trading Friday, gold for December delivery, the most actively traded contract, was up $31, or 1.7 per cent, trading at $1,853 an ounce.
As investors ran for cover from turmoil in financial markets, they continued to turn to gold as a haven asset. Bullion hit a record of high of $1,877 a troy ounce on Friday and was trading at $1,850 an ounce at New York lunchtime, up 5.9 per cent since the start of the week. Read Gold prices prediction september 2011
Against the Swiss franc, gold also gained ground, hitting a new record of SFr1,484.84 on Friday. The yellow metal has had a strong run, up almost 14 per cent since the start of the month, and 24 per cent since the beginning of July.
Gold crossed $1,600 an ounce for the first time in mid-July; three weeks later it was worth more than $1,700 an ounce. Ten days later, it passed $1,800 an ounce, and it's now careening close to $1,900.
In midday trading Friday, gold for December delivery, the most actively traded contract, was up $31, or 1.7 per cent, trading at $1,853 an ounce.
indian stock market closed august 19 2011
indian stock market closed august 19 2011 ; Mayhem in global stock markets amid fears of recession in major economies pulled down the BSE Sensex to below 16k level after nearly 15 months on sustained pull-out by foreign funds, although it recovered a little to close at 16,141.67, still down by 328 points.
The meltdown in stock markets has wiped off more than Rs 2 lakh crore of investor wealth in just two days.
Concerns over euro-zone debt troubles and their impact on banks, weak economic data in the US and other parts of the world and reports that America and Europe were dangerously close to recession battered investor sentiment globally.
This scenario, coupled with high inflation and rising interest rates back home, hit Indian equities hard.
Against this backdrop, Finance Minister Pranab Mukherjee discussed macro-economic situation with RBI Governor D Subbarao and Prime Minister's Economic Advisory Council Chairman C Rangarajan.
"As the advanced economies grapple with their problems, India is better positioned than most other nations to meet its problems," the Finance Ministry said in a statement.
Barring realty, which had been beaten down recently, all other 12 sectoral indices ended down between 4.41 per cent and 0.39 per cent.
The Bombay Stock Exchange 30-share index, Sensex, resumed lower and remained in the negative terrain throughout the day and closed at 16,141.67, down 328.12 points or 1.99 per cent, over its 371 points or 2.20 per cent loss yesterday.
It logged a low of 15,987.77 -- level not seen since May 25, 2010 when it had touched 15,960.15.
Similarly, the NSE 50-issue Nifty slumped 98.50 points or 1.99 per cent to 4,845.65. It registered a low of 4,796.10 during intra-day trade.
"Worsening global cues have spoilt investor sentiment. Rate hike fears have also rattled investors. In the near-term, global cues will dictate the market trend. However, one can see some technical bounce back after such huge fall," said Geojit BNP Paribas Research Head Alex Mathews.
According to reports yesterday, Morgan Stanley warned that the US and Europe are dangerously close to recession amid a rise in jobless claims in America, igniting fresh fears of turmoil in the world economy. Morgan Stanley also cut its global GDP growth rate, which upset the overall sentiment.
Asian stocks closed sharply lower, with key indices from China, Hong Kong, Japan, Singapore, South Korea and Taiwan losing between 0.98 per cent and 6.22 per cent.
The Dow Jones Industrial Average and the Nasdaq Composite Index crashed by 3.68 per cent and 5.22 per cent yesterday.
European markets too showed a sharply lower trend in this afternoon. The CAC was down by 2.92 per cent, the DAX by 2.79 per cent and the FTSE by 2.08 per cent.
Back home, FIIs remained net sellers and pulled out Rs 488.67 crore yesterday as per provisional data. Between August 12 and 17, in three sessions, they have withdrawn over Rs 1,000 crore.
The IT index suffered a heavy blow after the downslide in their ADRs as the Wall Street yesterday recorded its biggest drop since US downgrade. Capital goods, teck, banking and consumer durable stocks too attracted heavy profit-booking.
In all, 21 of the 30 index-scrips closed with gains, while others ended with losses.
Infosys tumbled 5.79 per cent and was the top loser from the Sensex pack, followed by Tata Motors (5.28 pc), L&T (4.95 pc), BHEL (4.63 pc), ICICI Bank (3.65 pc), TCS (3.36 pc), Sterlite Ind (2.53 pc), Sun Pharma (2.29 pc), Wipro (2.29 pc), ITC (2.21 pc), Bharti (2.11 pc), Jindal Steel (1.98 pc), SBI (1.81 pc) and RIL (1.18 pc).
Intra-day, Cipla, Hindalco, ICICI Bank, Infosys, Jindal Steel, RIL, SBI, Sterlite Ind, Tata Motor, Tata Power, Tata Steel and Wipro touched 52-week lows.
Similarly, among sectoral indices and investment segments such as BSE-Midcap, Smallcap, Metals, Oil & Gas, PSU, Power, Bankex, Capital Goods, IT, BSE-200, BSE-200, BSE-500, Dollex-30, Dollex-100, Dollex-200, registered new 52-week lows during the intra-day trade.
The total market breadth at BSE remained negative as 2,083 stocks ended in the red, while 773 finished in the green. The total turnover rose to Rs 2,763.78 crore from Rs 2,241.64 crore yesterday
The meltdown in stock markets has wiped off more than Rs 2 lakh crore of investor wealth in just two days.
Concerns over euro-zone debt troubles and their impact on banks, weak economic data in the US and other parts of the world and reports that America and Europe were dangerously close to recession battered investor sentiment globally.
This scenario, coupled with high inflation and rising interest rates back home, hit Indian equities hard.
Against this backdrop, Finance Minister Pranab Mukherjee discussed macro-economic situation with RBI Governor D Subbarao and Prime Minister's Economic Advisory Council Chairman C Rangarajan.
"As the advanced economies grapple with their problems, India is better positioned than most other nations to meet its problems," the Finance Ministry said in a statement.
Barring realty, which had been beaten down recently, all other 12 sectoral indices ended down between 4.41 per cent and 0.39 per cent.
The Bombay Stock Exchange 30-share index, Sensex, resumed lower and remained in the negative terrain throughout the day and closed at 16,141.67, down 328.12 points or 1.99 per cent, over its 371 points or 2.20 per cent loss yesterday.
It logged a low of 15,987.77 -- level not seen since May 25, 2010 when it had touched 15,960.15.
Similarly, the NSE 50-issue Nifty slumped 98.50 points or 1.99 per cent to 4,845.65. It registered a low of 4,796.10 during intra-day trade.
"Worsening global cues have spoilt investor sentiment. Rate hike fears have also rattled investors. In the near-term, global cues will dictate the market trend. However, one can see some technical bounce back after such huge fall," said Geojit BNP Paribas Research Head Alex Mathews.
According to reports yesterday, Morgan Stanley warned that the US and Europe are dangerously close to recession amid a rise in jobless claims in America, igniting fresh fears of turmoil in the world economy. Morgan Stanley also cut its global GDP growth rate, which upset the overall sentiment.
Asian stocks closed sharply lower, with key indices from China, Hong Kong, Japan, Singapore, South Korea and Taiwan losing between 0.98 per cent and 6.22 per cent.
The Dow Jones Industrial Average and the Nasdaq Composite Index crashed by 3.68 per cent and 5.22 per cent yesterday.
European markets too showed a sharply lower trend in this afternoon. The CAC was down by 2.92 per cent, the DAX by 2.79 per cent and the FTSE by 2.08 per cent.
Back home, FIIs remained net sellers and pulled out Rs 488.67 crore yesterday as per provisional data. Between August 12 and 17, in three sessions, they have withdrawn over Rs 1,000 crore.
The IT index suffered a heavy blow after the downslide in their ADRs as the Wall Street yesterday recorded its biggest drop since US downgrade. Capital goods, teck, banking and consumer durable stocks too attracted heavy profit-booking.
In all, 21 of the 30 index-scrips closed with gains, while others ended with losses.
Infosys tumbled 5.79 per cent and was the top loser from the Sensex pack, followed by Tata Motors (5.28 pc), L&T (4.95 pc), BHEL (4.63 pc), ICICI Bank (3.65 pc), TCS (3.36 pc), Sterlite Ind (2.53 pc), Sun Pharma (2.29 pc), Wipro (2.29 pc), ITC (2.21 pc), Bharti (2.11 pc), Jindal Steel (1.98 pc), SBI (1.81 pc) and RIL (1.18 pc).
Intra-day, Cipla, Hindalco, ICICI Bank, Infosys, Jindal Steel, RIL, SBI, Sterlite Ind, Tata Motor, Tata Power, Tata Steel and Wipro touched 52-week lows.
Similarly, among sectoral indices and investment segments such as BSE-Midcap, Smallcap, Metals, Oil & Gas, PSU, Power, Bankex, Capital Goods, IT, BSE-200, BSE-200, BSE-500, Dollex-30, Dollex-100, Dollex-200, registered new 52-week lows during the intra-day trade.
The total market breadth at BSE remained negative as 2,083 stocks ended in the red, while 773 finished in the green. The total turnover rose to Rs 2,763.78 crore from Rs 2,241.64 crore yesterday
SPDR S&P 500 ETF market capitalization
SPDR S&P 500 ETF market capitalization : SPDR S&P 500 ETF (NYSE:SPY) dropped -0.13% to $114.37 with the total traded volume of 200.84 million shares beating the average volume of 318.90 million.
Its shares were trading within the range of $112.90-$115.88 while its opening price was $112.96. Its market capitalization is $78.08 billion. Its stock price 52 weeks low was $104.29 and 52 weeks high price was $137.18.
Its shares were trading within the range of $112.90-$115.88 while its opening price was $112.96. Its market capitalization is $78.08 billion. Its stock price 52 weeks low was $104.29 and 52 weeks high price was $137.18.
Bank of America Corp (NYSE:BAC) stock outlook august 19 2011
Bank of America Corp (NYSE: BAC) stock outlook august 19 2011 : Bank of America Corp (NYSE:BAC) moved down -0.36% to $6.99. Its total traded volume during last trading session was 135.12 million shares. Company’s 5 years revenue rate remained 5.19%. Its price to sales ratio was 1.00 and debt to equity was 3.47.
The total market capitalization is $70.79 billion. It gained -0.66% return on assets; its operating margin was -21.97%. It gained -7.89% return on equity.
The total market capitalization is $70.79 billion. It gained -0.66% return on assets; its operating margin was -21.97%. It gained -7.89% return on equity.
Hewlett-Packard stock prices august 19 2011
Hewlett-Packard stock prices august 19 2011 : Shares in Hewlett-Packard slumped by more than a fifth to a six-year low early on Friday, a day after the world's biggest PC maker signaled a major shake-up in its business and cut its annual forecast. The decline wiped some $14.5 billion off the company's market value.
Hewlett-Packard (NYSE: HPQ ) dropped 23% in intraday trading today after issuing disappointing guidance and revealing plans to "transform" the business.
Shares of HP fell to $22.76 in heavy early morning trading, making it the biggest loser on the New York Stock Exchange. The broader S&P 500 Index fell nearly 1 percent.
With a forward 12-month price-to-earnings ratio of 5.6, the company is trailing its peers, including Dell, Apple and IBM according to Starmine SmartEstimate.
Excluding losses on Thursday and Friday, HP's stock has lost nearly a fifth of its value since the world's largest PC maker reported second-quarter results on May 17.
On Thursday, the company said it may spin off its PC business and also cut its outlook and said it will buy British software company Autonomy Corp to boost its cloud business.
At least two brokerages downgraded the Palo Alto, California-based company's stock, and five analysts cut their price targets, mainly citing the uncertainty and expenses that will accompany the company's restructuring.
"HP is undergoing a sound strategy transformation by focusing on high-growth, high-margin opportunities in the enterprise/commercial markets," Gleacher and Co wrote in a note and cut its price target to $39 from $50.
Hewlett-Packard shares prices today august 19 2011, Hewlett-Packard shares predictions, Hewlett-Packard shares forecast, Hewlett-Packard stock prices predictions 2011, Hewlett-Packard stock prices outlook 2011.
Hewlett-Packard (NYSE: HPQ ) dropped 23% in intraday trading today after issuing disappointing guidance and revealing plans to "transform" the business.
Shares of HP fell to $22.76 in heavy early morning trading, making it the biggest loser on the New York Stock Exchange. The broader S&P 500 Index fell nearly 1 percent.
With a forward 12-month price-to-earnings ratio of 5.6, the company is trailing its peers, including Dell, Apple and IBM according to Starmine SmartEstimate.
Excluding losses on Thursday and Friday, HP's stock has lost nearly a fifth of its value since the world's largest PC maker reported second-quarter results on May 17.
On Thursday, the company said it may spin off its PC business and also cut its outlook and said it will buy British software company Autonomy Corp to boost its cloud business.
At least two brokerages downgraded the Palo Alto, California-based company's stock, and five analysts cut their price targets, mainly citing the uncertainty and expenses that will accompany the company's restructuring.
"HP is undergoing a sound strategy transformation by focusing on high-growth, high-margin opportunities in the enterprise/commercial markets," Gleacher and Co wrote in a note and cut its price target to $39 from $50.
Hewlett-Packard shares prices today august 19 2011, Hewlett-Packard shares predictions, Hewlett-Packard shares forecast, Hewlett-Packard stock prices predictions 2011, Hewlett-Packard stock prices outlook 2011.
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