Wednesday, August 5, 2009

Earnings Preview For Wednesday Afternoon

I've got my eye on a few earnings reports after the bell. Here's what I'm looking at:

-American Railcar (ARII). I held this stock and sold my shares after a nice gain a couple of weeks ago. I'm looking to see the markets reaction to their results, which aren't likely to be too terribly strong. Its is an undervalued stock (trading at less than 1x cash on hand), and it they try to sell the hope like many have done, this stock could rally off of poor earnings.

-Cisco (CSCO). Not a stock I own or typically follow, but they give a great look into corporate health and tech spending.

-Ormat Technologies (ORA). Geothermal stock that has been reporting solid growth, and the stock price reflects that. Its a stock I've wanted to own for 6+ months but haven't been willing to pay up for it. Last quarter earnings were solid from them and I expect this quarter to be the same. I'm curious if there's anything new on the regulatory front and how spending on alternative energy projects is coming. I'm hoping they can shed some light on that.

-News Corp. (NWSA). Another stock I owned briefly in May and sold after a nice gain. I still believe they are undervalued when you look at the sum of its parts. The market has been catching on to this as the stock has been pretty strong. Murdoch's thoughts on the economy and newspaper biz have the ability to really move the market as well as this stock. I wouldn't be surprised if they beat expectations and guide higher.

Disclosure: None

2 comments:

rozydesouza said...

good one.... thanks for sharing....

___________________
Rozy
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rozydesouza said...

good one ....thanks for sharing..

___________________
Rozy
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