The Apple (NASDAQ: AAPL ) sell-off today has been utterly hopeless, with shares breaking through $400 for the first time in more than a year. The last time shares were worth less than four Benjamins was before Christmas 2011. Still, is even more pain in store? Could Apple head to $320 next?
That's the case that Creative Global is laying out, with founder and analyst Carlo Besenius adding insult to injury to Apple investors today. Besenius reads the charts, which tell him that $380 is a support level from a technical analysis standpoint, but he thinks the true bottom is even lower. Decelerating sales, deteriorating margins, and intensifying competition could push shares all the way down to $320 in the coming months.
Besenius' claim to fame is when he downgraded Apple to "sell" last October before shares cratered from all-time highs. Specifically, shares were trading around $685 at the time of his call, and two months later he assigned the Mac maker a price target of $420. In February, Besenius further dropped his price target to $320, so today's research note is more of a reiteration of that previous premonition.
5 Best Up And Coming Stocks To Own For 2015: Digital Power Corp (DPW)
Digital Power Corporation (Digital), incorporated in 1969, is a solution-driven organization that designs, develops, manufactures and sells high-grade customized and flexible power system solutions for the demanding applications in the medical, military, telecom and industrial markets. It also has a wholly owned subsidiary, Digital Power Limited (DPL), which operates under the brand name of Gresham Power Electronics (Gresham). DPL is located in Salisbury, England, and it designs, manufactures and sells power products and system solutions mainly for the European marketplace, including power conversion, power distribution equipment, direct current/active current (DC/AC) inverters and uninterrupted power supply (UPS) products. DPL�� defense business has specialists in the field of naval applications of power distribution conversion. It markets and sells its products to many diverse market segments, including the telecom, industrial, medical and military/defense industries. Its products serve a global market, with an emphasis on North America and Europe. The Company offers a product variety, including a full custom product design and production, high-speed switching power front-end, modified-standard and value added products, open-frame, Compact-PCI, ATSC front-ends and power over Ethernet (PoE) product solutions, providing power output from 50 to 24,000 watts. On June 16, 2011 the Company has acquired Telkoor Telecom Ltd.
Power System Solutions
The Company provides custom power system solutions, high-grade flexibility series power supply products and value-added services to diverse industries and markets, including military/defense, telecom, medical and industrial. It provides high-grade custom power system solutions to numerous customers in multiple industry segments. Each custom solution that it develops is based on high power density and a special layout to meet each of its customer�� operation environments where efficiency, size and performance are key.
Di! gital Power Limited (Gresham Power Electronics)
DPL designs, manufactures, and distributes switching power supplies, uninterruptible power supplies, and power conversion and distribution equipment frequency converters for the commercial and military markets, under the name Gresham. Frequency converters manufactured by Gresham are used by navel warships to convert their generated 60-cycle electricity supply to 400 cycles. This 400-cycle supply is used to power their critical equipment such as gyro, compass, and weapons systems. Gresham also designs and manufactures transformer rectifiers for naval use. Typically, these provide battery supported back up for critical DC systems, such as machinery and communications. In addition, higher power rectifiers are used for the starting and servicing of helicopters on naval vessels, and Gresham supplies these as part of overall helicopter start and servicing systems.
The Company competes with Power-One, Emerson (Astec) Technologies, Inc., Lambda Electronics, and Mean-Well Power Supplies.
Advisors' Opinion:- [By Robert Wall]
One of the country�� largest employers with more than 150,000 staff, Royal Mail has shifted away from letters to more lucrative package shipping, competing with TNT Express NV (TNTE) of the Netherlands and Deutsche Post AG (DPW)�� DHL Express.
Top 10 Dow Dividend Companies To Buy Right Now: Northwest Bancshares Inc.(NWBI)
Northwest Bancshares, Inc. operates as the holding company for Northwest Savings Bank that offers various banking and consumer finance services. The company offers consumer and commercial deposits, such as checking accounts, savings accounts, money market deposit accounts, term certificate accounts, and individual retirement accounts. Its loan portfolio comprises one- to four-family residential real estate loans, multifamily residential and commercial real estate loans, home equity loans and lines of credit, and commercial business loans, as well as consumer loans, including automobile loans, sales finance loans, unsecured personal loans, credit card loans, and loans secured by deposit accounts. It also offers trust, investment management, actuarial and benefit plan administration, brokerage services, title insurance, and municipal bonds, as well as involves in the ownership and operation of properties. As of December 31, 2009, the company operated 171 community-banking of fices in northwest, southwest, and central Pennsylvania; western New York; eastern Ohio; Maryland; and southeastern Florida. It also operated 51 consumer finance offices in Pennsylvania. The company was founded in 1896 and is headquartered in Warren, Pennsylvania.
Advisors' Opinion:- [By Tim Melvin]
The financial crisis bought an end to the takeover activity, but as the industry has recovered and valuations have stabilized we should once again see the former thrifts become too tempting for growth-starved larger banks to ignore. It is a worthwhile exercise to look at some older thrift conversions that may be beyond their “sell by” dates.
Northwest Bancshares�(NWBI)Northwest Bancshares (NWBI) did its conversion offering back in 2009, right near the bottom of the financial crisis. The bank has 65 community banking offices in central and western Pennsylvania, western New York, eastern Ohio, and Maryland as well as 52 consumer finance offices in Pennsylvania. The bank has an above-average equity-to-assets ratio of 13.42, and nonperforming assets are just 1.59% of total assets. That puts NWBI in solid financial shape.
Top 10 Dow Dividend Companies To Buy Right Now: Nektar Therapeutics(NKTR)
Nektar Therapeutics, a clinical-stage biopharmaceutical company, engages in developing a pipeline of drug candidates that utilize its PEGylation and polymer conjugate technology platforms. The company?s product pipeline consists of drug candidates across various therapeutic areas, including oncology, pain, anti-infectives, anti-viral, and immunology. Its research and development activities involve small molecule drugs, peptides, and other potential biologic drug candidates. The company?s proprietary drug candidates in clinical development comprise NKTR-118, a peripheral opioid antagonist, which has completed Phase II clinical trail for the treatment of opioid-induced constipation; BAY41-6551 that has completed Phase II clinical trail to treat gram-negative pneumonias; NKTR-102, a topoisomerase I inhibitor-polymer conjugate, which is in Phase II clinical trail for multiple cancer indications, including breast, ovarian, and colorectal; and NKTR-105 that is in Phase I clinica l trail to treat solid tumors. Its preclinical products consists of NKTR-119 (Opioid/NKTR-118 combinations) for the treatment of pain; NKTR-181 (abuse deterrent, tamper-resistant opioid) to treat pain; NKTR-194 (non-scheduled opioid) for the treatment of mild to moderate pain; NKTR-171 (tricyclic antidepressant) to treat neuropathic pain; and NKTR-140 (protease inhibitor candidate) to treat HIV. The company has collaboration with Bayer Healthcare LLC to develop BAY41-6551 (NKTR-061, Amikacin Inhale), which is an inhaled solution of amikacin, an aminoglycoside antibiotic; and a license agreement with AstraZeneca AB for the development and commercialization of Oral NKTR-118 and NKTR-119. In addition, Nektar Therapeutics has various license, manufacturing, and supply agreements for its technology with biotechnology and pharmaceutical companies, such as Affymax, Amgen, Baxter, Roche, Merck, Pfizer, and UCB Pharma. The company was founded in 1990 and is headquartered in San Franc isco, California.
Advisors' Opinion:- [By Sean Williams]
This is particularly intriguing now both to Allergan, which purchased MAP Pharmaceuticals earlier this year for $958 million, and to�Nektar Therapeutics (NASDAQ: NKTR ) , which would gain royalties from the sale of Levadex due to its intellectual property contribution to the making of the drug.
- [By Lauren Pollock]
Nektar Therapeutics sa(NKTR)id its treatment for moderate to severe chronic pain in patients with osteoarthritis of the knee failed to meet its primary endpoint in a Phase 2 study. Shares fell 22% to $10.78 premarket.
- [By Luke Jacobi]
Nektar Therapeutics (NASDAQ: NKTR) were down 23.90 percent to $10.54 after the company reported that the results from Phase 2 trial of NKTR-181 missed primary efficacy endpoint.
Top 10 Dow Dividend Companies To Buy Right Now: Capstone Turbine Corporation(CPST)
Capstone Turbine Corporation develops, manufactures, markets, and services turbine generator sets and related parts for use in stationary distributed power generation applications. Its stationary distributed power generation applications include cogeneration combined heat and power (CHP), integrated (CHP), resource recovery, and secure power, as well as combined cooling, heat, and power; and its products are used as battery charging generators for hybrid electric vehicle applications. The company primarily offers microturbine units, subassemblies, and components. It also provides various accessories, including rotary gas compressors with digital controls, heat recovery modules for CHP applications, dual mode controllers that allow automatic transition between grid connect and stand-alone modes, batteries with digital controls for stand-alone/dual-mode operations, power servers for multipacked installations, and protocol converters for Internet access, as well as frames, ex haust ducting, and installation hardware. Further, it remanufactures microturbine engines; and provides after-market parts and services, scheduled and unscheduled maintenance, and factory and on-site training services. The company?s microturbines can be fueled by various sources, including natural gas, propane, sour gas, landfill or digester gas, kerosene, diesel, and biodiesel. It primarily sells its products directly to end users, as well as through distributors in North America, Asia, Australia, Europe, the Russian Federation, and South America. Capstone Turbine Corporation was founded in 1988 and is based in Chatsworth, California.
Advisors' Opinion:- [By Dan Caplinger]
Capstone Turbine (NASDAQ: CPST ) will release its quarterly report on Monday, and investors have been increasingly optimistic about the microturbine maker's immediate prospects. Yet, even though the company's stock rose recently to its best levels in almost three years, Capstone still has to demonstrate that its niche offerings give it a viable market that is too insignificant for larger rivals General Electric (NYSE: GE ) and Caterpillar (NYSE: CAT ) to go after.
- [By Tyler Crowe]
But to focus simply on renewables for distributed power would do some other parts of the industry a disservice, because companies such as Capstone Turbine (NASDAQ: CPST ) are proving that localized generation of natural gas can be just as efficient as a big centralized utility plant. This one-two punch of renewable power as the primary energy source with localized natural gas generation as a backup for when solar or wind can't generate power could be a big threat to the utilities sector.
- [By Monica Gerson]
Capstone Turbine (NASDAQ: CPST) soared 14.29% to $2.24 in the pre-market trading after surging 7.10% on Monday.
Ballard Power Systems (NASDAQ: BLDP) shares jumped 10.17% to $7.58 in pre-market trading after jumping 30.30% on Monday.
Top 10 Dow Dividend Companies To Buy Right Now: PIMCO Intermediate Municipal Bond Strategy Fund (MUNI)
PIMCO Intermediate Municipal Bond Strategy Fund, formerly, PIMCO Intermediate Municipal Bond ETF (the Fund), seeks to achieve its investment objective by investing at least 80% of its assets in a diversified portfolio of debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance, exempt from federal income tax (Municipal Bonds). Municipal Bonds are issued by or on behalf of states and local governments and their agencies, authorities and other instrumentalities. The Fund may only invest in the United States dollar-denominated investment grade debt securities, rated Baa or higher by Moody��, or equivalently rated by S&P or Fitch. It may invest 25% or more of its total assets in Municipal Bonds that finance similar projects, such as those relating to education, health care, housing, transportation and utilities. The Fund�� investment advisor is Pacific Investment Management Company LLC (PIMCO). Advisors' Opinion:- [By Mary Anne & Pamela Aden]
The ones we like best and recommend buying are the iShares 20+ year Treasury Bond (TLT), the iShares 10-20 year Treasury Bond (TLH), Proshares Ultra 20+ year Treasury (UBT) and Pimco Intermediate Muni Bond strategy ETF (MUNI).
Top 10 Dow Dividend Companies To Buy Right Now: American Realty Capital Properties Inc (ARCP)
American Realty Capital Properties, Inc., incorporated on December 2, 2010, is a real estate investment trust (REIT). The Company owns and acquires single-tenant, freestanding commercial real estate primarily subject to medium-term net leases with credit quality tenants. The Company is externally managed by ARC Properties Advisors, LLC. In February 2013, it announced the closing of the transaction to acquire American Realty Capital Trust III, Inc. In March 2013, it announced that it purchased a TD Bank office building in Falmouth, Maine. In April 2013, it closed lease acquisitions, including nine properties located in four states plus Puerto Rico with approximately 200,000 total rentable square feet. In April 2013, it closed an additional single tenant net lease acquisitions, including six properties leased to four investment grade or credit-worthy tenants, including CVS, Family Dollar, Hy-Vee and Advance Auto. In November 2013, American Realty Capital Properties, Inc acquired CapLease, Inc. Effective January 3, 2014, American Realty Capital Properties Inc, , through its Thunder Acquisition LLC unit, acquired the entire share capital of American Realty Capital Trust IV Inc (ARCT).
As of December 31, 2012, rental revenues derived from investment grade tenants. As of December 31, 2012, the Company owned 146 properties, which consists of 2.4 million square feet and located in 26 states, excluding one vacant property classified as held for sale. The Company is holder of 95.9% of the interest in the ARC Properties Operating Partnership, L.P.
Advisors' Opinion:- [By Patrick Morris]
American Realty Capital Properties (NASDAQ: ARCP ) delivered strong results in the second quarter as it topped the expectations of Wall Street, and saw its adjusted funds from operations rise by 26% during the last year.
Top 10 Dow Dividend Companies To Buy Right Now: LipoScience Inc (LPDX)
LipoScience, Inc., incorporated on June 15, 2000, is a vitro diagnostic company. The Company�� diagnostic test, the nuclear magnetic resonance (NMR) LipoProfile test, directly measures the number of low density lipoprotein (LDL), particles in a blood sample and provides physicians and their patients with actionable information to personalize management of risk for heart disease. As of January 25, 2013, over eight million NMR LipoProfile tests were ordered. The Vantera system is its automated clinical analyzer. In August 2012, the Company received Food and Drug Administration (FDA) clearance to market the Vantera system commercially to laboratories.
The Company's technology platform combines signal processing algorithms and NMR spectroscopic detection into a clinical analyzer to identify and quantify concentrations of lipoproteins and, potentially, small molecule metabolites. The Company�� Vantera system is the Company's automated clinical analyzer. The Company's NMR LipoProfile test has been cleared by the FDA for use in the Company's clinical laboratory and directly measures LDL-P for use in managing cardiovascular risk.
Advisors' Opinion:- [By John Kell and Lauren Pollock var popups = dojo.query(".socialByline .popC"); ]
LipoScience Inc.(LPDX) on Friday cut its revenue outlook for the current period after its pact with customer Health Diagnostics Laboratory Inc. was terminated. The medical-test provider said it expects the contract termination to weigh on revenue in the short and medium term.
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