Marriott International is switching over from trading at the NYSE to the NASDAQ. Arne Sorenson, Marriott International CEO & president, discusses what's behind the hotel's move and what it means to shareholders. "The world has changed and the physical location of an exchange floor is much less important," Sorenson says.» Read More
Wachovia's Sam Brothwell thinks natural gas is a natural choice for the long-term investor. "It's abundant — we've proven that — it's affordable; it's an American fuel; and it's also the cleanest conventional resource we've got," he told CNBC. "All of that points toward it taking a greater place at the table in the electric-power generation sector."
It is a downturn that has defied many of the lessons of the past, but some portfolio managers are convinced that, as in previous recoveries, small-cap stocks will be in the front rank as this market marches back. Eric Marshall of the Hodges Small Cap Fund, understandably, is one of them.
NetApp is seeing huge call volume Monday, ahead of its quarterly report Wednesday after the close. ... NTAP was above $26 in September, but bottomed at $10.39 in early November. Since then the data storage company has steadily climbed; at one point today the shares reached $16.74 after a Barron's article called the company recession-resistant.
Shares of Arcelor Mittal are rising along with increased options activity, ahead of the steel company's earnings report Wednesday.
Bill McVail of the Turner Small Cap Growth Fund thinks size matters, and offers some strong arguments for riding out of the recession with a portfolio full of small-cap stocks. "We think the consumer is going to start doing better in 2009 and 2010," he told CNBC. "We're focusing more on the restaurants and the retailers; we think the stimulus package will get them going sooner."
As Wall Street speculates about whether former investment banks will give back TARP money, Goldman Sachs rose in overnight trading after seeing heavy stock and options volume during Friday regular session.
This week is going to be big. How will you game the action?
Ambac Financial Group is seeing unusual options activity Friday, as its shares rise 17 percent on the day. Here's why the options action got our attention...
Is it time for investors to feast on food stocks? David Palmer thinks that's a reasonable assumption. "They're a decent place to be," the UBS senior restaurant analyst told CNBC. "Input costs are coming off their highs; certainly, people have to eat, so, as people look for cheaper calories, (packaged food companies) should be doing OK."
Cozad Asset Management's Ron Kiddoo thinks there's an upside to the downside. "I think we're facing a recessionary economy, so we would look at recessionary stocks, such as in health care and consumer staples," he told CNBC. "Perhaps a little bit in the industrial sector..."
It's the kind of retail market that separates the sheep from the goats, and JPMorgan's Brian Tunick thinks the sheep can give investors quite a feast.
Barrick Gold is seeing bullish options activity as the price of gold rose for the second straight day and stayed above $900.
Fertilizer company Mosaic gained more than 6 percent and is attracting some call buying Thursday, ahead of appearances at two major investor conferences in coming weeks.
Stocks eked out a gain after a rough morning as banks got a boost from market chatter that the government may suspend a controversial accounting rule blamed for much of the contagion in the financial industry.
Better-than-expected January sales lifted the market out of the doldrums on Thursday, and, in the retail sector, Citi Investment Research's Deborah Weinswig has some favorites to recommend to stock-market investors.
Dow Chemical is seeing strong call activity despite a posting a weak earnings report yesterday. Early Thursday, traders bought some 10,700 calls at the February 12.40 strike, which quickly rose in price from $0.20 to $0.35. Many of those calls (DOWBV) were bought in blocks as large as 2,448 contracts each
Semiconductor stocks have been trying to break to higher levels — and options traders appear optimistic that they will succeed. Take the Semiconductor HOLDRS (SMH) ETF, for instance...
Fifth Third Bancorp is attracting heavy call activity as it reaches new 52-week lows. FITB is but a shadow of its $28.58 high from last March, dropping 70 percent last month alone and closing yesterday only a nickel above its new $1.74 low. That was enough to draw options traders, as calls outnumbered puts by 10,000 to 1,700.
Investors should move their money from a couple of big European names to the world's biggest retailer, according to GeertJan Nikken, a technical analyst at Rabobank.
Laura Champine, senior retail analyst for Cowen & Co., has been at the mall, shopping for good retailers, and she's got some very definite ideas about the few positive trends out there.