As I mentioned earlier this week, many analysts and observers think that international stocks will outperform U.S. stocks this year after the domestic market�� impressive move last year. Many other regions of the world such as Europe and Asia are thought to be a year or two behind us in the economic recovery plans and are still ramping up stimulus and monetary policies to accelerate growth.
Best Healthcare Technology Stocks To Own For 2015: Micron Technology Inc.(MU)
Micron Technology, Inc., together with its subsidiaries, engages in the manufacture and marketing of semiconductor devices worldwide. Its products include dynamic random access memory (DRAM) products that provide data storage and retrieval, which include DDR2 and DDR3; and other specialty DRAM memory products, including DDR, SDRAM, DDR and DDR2 mobile low power DRAM, pseudo-static RAM, and reduced latency DRAM. The company also offers NAND flash memory products, which are electrically re-writeable and non-volatile semiconductor devices that retain content when power is turned off. In addition, it provides NOR flash memory products that are electrically re-writeable and non-volatile semiconductor memory devices; phase change memory products; and image sensor products. Micron Technology?s products are used in a range of electronic applications, including personal computers, workstations, network servers, mobile phones, flash memory cards, USB storage devices, digital still c ameras, MP3/4 players, and in automotive applications. It sells its products to original equipment manufacturers and retailers through internal sales force, independent sales representatives, and distributors, as well as through a Web-based customer direct sales channel. The company was founded in 1978 and is headquartered in Boise, Idaho.
Advisors' Opinion:- [By WALLSTCHEATSHEET]
Micron has more upside potential for a trade, but capital preservation has always been a priority in this column. Therefore, Micron can�� be recommended until more operational improvements have been made. Another factor is rising interest rates, which will eventually have an effect on the stock market. When this happens, Micron will be highly susceptible to broader market downside momentum.
- [By Lee Jackson]
Micron Technology Inc. (NASDAQ: MU) has completed the acquisition of Elpida, and this has helped it buy its way into the iPhone. Elpida had supplied memory for the iPhone 5 as well, and it looks like it is increasingly becoming a close Apple partner with the latest win. Micron also�is seeing solid sales of its chips for solid-state drives, and this has led to a boost in production of NAND chips. The acquisition of Elpida has helped Micron strengthen its position in the DRAM market, and the booming demand for mobile DRAM should help it do even better. The stock has had a tremendous run this year, and investors may want to look for a pullback to initiate positions. The consensus price target for the stock is $19. Micron closed Monday at $17.15.
Hot International Stocks To Own Right Now: Iron Mountain Incorporated(IRM)
Iron Mountain Incorporated, together with its subsidiaries, provides information management services primarily in North America, Europe, Latin America, and the Asia Pacific. The company offers records management services, including records management program development and implementation based on best-practices to help customers comply with specific regulatory requirements; implementation of policy-based programs that feature storage for various media comprising paper; flexible retrieval access and retention management; hybrid services to help organizations gain control over their paper records; and specialized services for vital records and regulated industries, such as healthcare, energy, government, and financial services. It also provides data protection and recovery services, such as disaster preparedness; off-site vaulting of data backup media for data recovery in the event of a disaster, human error, or virus; online backup and recovery solutions for desktop and la ptop computers, and remote servers; and technology escrow services to protect and manage source code and other proprietary information. In addition, the company offers information destruction services that primarily consist of physical secure shredding operations; and is involved in the shredding of sensitive documents to third-party recyclers. Further, it provides fulfillment services that assemble custom marketing packages and orders, as well as provide reporting on customer marketing literature inventories; and professional consulting services to develop and implement comprehensive records and information management programs. Iron Mountain Incorporated serves commercial, legal, banking, health care, accounting, insurance, entertainment, and government organizations. The company was founded in 1951 and is headquartered in Boston, Massachusetts.
Advisors' Opinion:- [By Roberto Pedone]
Iron Mountain (IRM) is a global provider of information protection and storage services. This stock closed up 1% at $26.88 in Monday's trading session.
Monday's Volume: 2.16 million
Three-Month Average Volume: 1.41 million
Volume % Change: 95%From a technical perspective, IRM bounced modestly higher here right above some near-term support at $26 with above-average volume. This stock looks like it might have formed a double bottom chart pattern at $25.91 to $25.53, after shares plunged sharply back in May to late June from $39.32 to $25.91. Shares of IRM have now started to rebound off that $25.53 low with strong upside volume flows. That move is quickly pushing IRM within range of triggering a near-term breakout trade. That trade will hit if IRM manages to take out Monday's high of $26.94 and then once it clears its 50-day moving average at $27.40 with high volume.
Traders should now look for long-biased trades in IRM as long as it's trending above some near-term support levels at $26 or above that recent low of $25.53 and then once it sustains a move or close above those breakout levels with volume that's near or above 1.41 million shares. If that breakout hits soon, then IRM will set up to re-test or possibly take out its next major overhead resistance levels at $28.54 to $29.08. Any high-volume move above those levels will then give IRM a chance to re-fill some of its previous gap down zone from June that started at $34.
- [By Travis Hoium]
What: Shares of Iron Mountain (NYSE: IRM ) dropped 16% today after the company revealed that the IRS is looking into its switch to a REIT structure.
- [By Ben Levisohn]
Shares of Iron Mountain (IRM) have dropped today after Barclays said the company’s conversion into a real-estate-investment trust is unlikely to succeed.
The downgrade comes following yesterday’s announcement that that Iron Mountain’s CFO, Brian McKeon, would exit that position�leave the company at the end of the month. He will remain at the company until the end of the year to help with the transition. Barclays’ analyst Manav Patnaik believes that’s a sign that a REIT conversion won’t happen. He writes:
It has been 4-6 months since IRM received the ��entatively adverse��ruling from the IRS and the REIT working group was formed. We viewed our 30% conversion probability as cautious, and the announced CFO departure gives us a catalyst to lower it to 10%, which is at the low end of the market�� estimated range of10-20%…
Our lower-than-historical average applied multiples are based on our view that increasing enterprise mobility, along with improvements in cloud security, will precipitate a secular decline (albeit a ��low bleed��for now) of physical storage in favor of cloud storage. Assuming a 5-7 year statute of limitations, an inflection point that makes this ��leed��accelerate is our concern ��and hence a lower multiple. We estimate that fundamental downside, assuming IRM is unsuccessful in converting to a REIT, is $21 ��based on FY14E.
With that, Patnaik cut Iron Mountain to Underweight from Equal Weight with a price target of $23.
Shares of Iron Mountain have fallen 2.3% to $25.72 today, while comparable have been mixed. Leidos Holdings (LDOS) has ticked up 0.6% to $46.28 and Amdocs (DOX) has risen 0.8% to $37.20. Maximus (MMS), on the other hand, has fallen 1.2% to $46.22 and Xerox (XRX) is off 0.3% to $10.62.
UPDATE:
Analyst�Manav Patnaik reached out to me after the close on Oct. 11 to clarify that the downgrade is not solely based on the CFO’s
- [By Dividend]
Iron Mountain (IRM) has a market capitalization of $4.86 billion. The company employs 17,500 people, generates revenue of $3.005 billion and has a net income of $183.49 million. Iron Mountain�� earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $877.77 million. The EBITDA margin is 29.21 percent (the operating margin is 18.18 percent and the net profit margin 6.11 percent).
Hot International Stocks To Own Right Now: Powershares Dynamic Media Portfolio (PBS)
PowerShares Dynamic Media Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of an equity index called the Dynamic Media Intellidex Index (the Media Intellidex). The Media Intellidex consists of stocks of 30 United States media companies. These are companies that are principally engaged in the development, production, sale and distribution of goods or services used in the media industry. These companies may include advertising, marketing and public relations companies; companies that own, operate or broadcast free or pay television, radio or cable stations; theaters; film studios; publishers or sellers of newspapers, magazines, books or video products; printing, cable television and video companies and equipment providers; pay-per-view television companies; companies involved in emerging technologies for the broadcast and media industries; cellular communications companies; companies involved in the development, syndication and transmission of television, movie programming, advertising and cellular communications; companies that distribute data-based information, and other companies involved in the ownership, operation or development of media products or services. Stocks are selected principally on the basis of their capital appreciation potential as identified by the AMEX (the Intellidex Provider) pursuant to its Intellidex methodology.
The Fund will normally invest at least 80% of its total assets in common stocks of media companies. The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Media Intellidex. The Media Intellidex is adjusted quarterly, and the Fund, using an indexing investment approach, attempts to replicate the performance of the Media Intellidex. The Fund�� investment advisor is PowerShares Capital Management LLC.
Advisors' Opinion:- [By John Udovich]
Small cap media stock�LIN Media LLC (NYSE: LIN) might not be a household name, but there is a good chance you might be watching the company�� programs because like the Sinclair Broadcast Group, Inc (NASDAQ: SBGI) and Nexstar Broadcasting Group, Inc (NASDAQ: NXST), its helping to consolidate the media industry plus its making investment in other forms of media like social media. The stock has also outperformed those two peers along with the�PowerShares Dynamic Media Portfolio ETF (NYSEARCA: PBS).
- [By John Udovich]
On Monday, shares of small cap�Rocket Fuel Inc (NASDAQ: FUEL) took off like a rocket by surging 18.96% after plunging about 20% on Friday after earnings���meaning it might be time to take a closer look at the stock as well as benchmark it with the performance of�the Global X Social Media Index ETF (NASDAQ: SOCL) and the PowerShares Dynamic Media Portfolio ETF (NYSEARCA: PBS).
Hot International Stocks To Own Right Now: Pembina Pipeline Corp (PBA)
Pembina Pipeline Corporation (Pembina) is a Calgary-based company, engaged in providing transportation and midstream services. It owns and operates: pipelines that transport conventional and synthetic crude oil and natural gas liquids produced in western Canada; oil sands, heavy oil and diluent pipelines; gas gathering and processing facilities; and, an oil and natural gas liquids infrastructure and logistics business. It has facilities located in western Canada and in natural gas liquids markets in eastern Canada and the United States. Pembina also offers a spectrum of midstream and marketing services. Pembina�� Midstream business is organized into two segments: crude oil and NGL. The crude oil segment represents the Company�� midstream operations. The NGL segment includes two operating systems: Redwater West and Empress East. Pembina's Conventional Pipelines business consists of a pipeline network, located 7,850 kilometers, that extends across much of Alberta and British Columbia. Advisors' Opinion:- [By Vanin Aegea]
Two companies that have been around for some time now are Imperial Oil (IMO) and Pembina Pipeline (PBA). Political instability in the Middle East has also given an extra relevance to the reserves found at this region, so let us see what the future holds and what gurus think of them.
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