Top 10 Firms Fee-Based Advisors Are Most Loyal To: Cogent Reports
6 Keys to Investment Success: T. Rowe��s Brian Rogers Reflects
6 Tax-Law Time Bombs Affecting IRAs
Federal Reserve officials saw a strengthening case to raise interest rates as the labor market tightened, with some saying a hike should happen in December, according to minutes of their November gathering released Wednesday in Washington.
“Some participants noted that recent committee communications were consistent with an increase in the target range for the federal funds rate in the near term or argued that to preserve credibility, such an increase should occur at the next meeting,” the record of the Federal Open Market Committee meeting showed. Many officials said a rate rise could be appropriate “relatively soon,” data permitting, it said.
The unemployment rate last month stood at 4.9%, only slightly above Fed officials’ median estimate of full employment. Core inflation measures are just below the Fed’s 2% target. The personal consumption expenditures price index, minus food and energy, rose 1.7% in the 12 months through September.
Best Prefered Companies To Watch In Right Now: Green Mountain Coffee Roasters Inc.(GMCR)
Advisors' Opinion:- [By Canadian Value]
So I��m going to stick my next out and share my views on four battleground stocks that are among my favorite shorts: World Acceptance (WRLD), Green Mountain (GMCR), Herbalife (HLF), and InterOil (IOC). And next week at the Value Investing Congress I will present another short, my largest.
- [By David Sterman]
But for short sellers in Green Mountain Coffee Roasters (Nasdaq: GMCR), there's another outcome: They've been badly burned as shares have surged, but they insist they've been right all along, and it's only a matter of time before the stock crashes and burns.
- [By Jonas Elmerraji]
As badly as short sellers want to hate on Green Mountain Coffee Roasters (GMCR), betting against the multiyear rally in this $12.7 billion beverage stock has been about as wise as eating from a box with a skull and crossbones on it. And as a bull market continues to lift all ships, Green Mountain's ship is going to keep floating above the others.
Green Mountain owns Keurig, the brand of beverage brewers that use self-contained K-Cups to make coffee, teas, and other drinks. While Keurig's "fad" status has certainly helped tip the deck against GMCR, the fact remains that the firm has done most of the hard work in getting Keurig machines accepted by consumers. With brewers essentially ubiquitous at this point, the firm is able to make money on its cash cow: the K-Cups.
Keurig's individual-serving cups have big margins and a big installed base. With huge convenience and the relatively large sunk cost that consumers have put into their Keurig machines, it's a sticky business with big switching costs. Consumers who buy a Keurig are much less likely to spend the money on a competing brand of proprietary coffee pods.
I've said before that GMCR is far from cheap right now. But its momentum trajectory is showing few signs of fizzling out, especially as direct competitors such as Starbucks (SBUX) continue to sell K-Cups of their own. Don't bet against GMCR in September buy this Rocket Stock instead.
Best Prefered Companies To Watch In Right Now: Crescent Point Energy Corp (16)
Advisors' Opinion:- [By Kana Nishizawa]
China Coal Energy Co., the country��s second-largest producer of the fuel, sank 3.1 percent after the government said it will cut coal consumption. Sun Hung Kai Properties Ltd. (16), the world��s second-biggest developer, fell 1.4 percent after trimming its sales target. Gold producers led materials companies lower as the precious metal headed for its steepest weekly loss since June amid expectations the U.S. Federal Open Market Committee will next week decide to reduce stimulus.
Best Prefered Companies To Watch In Right Now: Guess?, Inc.(GES)
Advisors' Opinion:- [By Lisa Levin]
Guess?, Inc. (NYSE: GES) was down, falling around 15 percent to $18.23 after the company reported downbeat earnings for the fourth quarter and issued a weak forecast for the current quarter.
- [By Peter Graham]
A long term performance chart shows mid cap Urban Outfitters along with The Gap Inc��s (NYSE: GPS) heading back up again�while small caps�Abercrombie & Fitch Co (NYSE: ANF) and Guess?, Inc (NYSE: GES) have both underperformed:
- [By Monica Gerson]
Guess?, Inc. (NYSE: GES) is expected to post its quarterly earnings at $0.58 per share on revenue of $657.59 million.
Williams-Sonoma, Inc. (NYSE: WSM) is projected to post its quarterly earnings at $1.58 per share on revenue of $1.62 billion.
- [By Dividend]
Guess? (GES) has a market capitalization of $2.54 billion. The company employs 15,200 people, generates revenue of $2.658 billion and has a net income of $181.49 million. Guess?��s earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $364.22 million. The EBITDA margin is 13.70 percent (the operating margin is 10.33 percent and the net profit margin 6.83 percent).