Last week we saw Citigroup (NYSE: C ) , Bank of America (NYSE: BAC ) and JPMorgan Chase's (NYSE: JPM ) share prices dropping after the news that Japanese stocks were falling and other signs of weakness in the Asian markets. But since then, the Japanese Nikkei has fallen further, but the banks have recovered. In the video below, Motley Fool contributor Jessica Alling discusses why banks are exposed to the weaknesses in Asian markets, how they can offset any issues, and how long-term investors should categorize the most recent dip in share price.
Citigroup's stock looks tantalizingly cheap. Yet the bank's balance sheet is still in need of more repair, and CEO Michael Corbat still needs to prove himself. Should investors be treading carefully, or jumping on an opportunity to buy? To help figure out whether Citigroup deserves a spot in your portfolio, I invite you to read our premium research report on the bank today.�We'll fill you in on both reasons to buy and reasons to sell Citigroup, and what areas Citigroup�investors need to watch going forward.�Click here now�for instant access to our best expert's take on Citigroup.
Best Asian Companies To Watch In Right Now: USA Technologies Inc.(USAT)
USA Technologies, Inc. supplies cashless, remote management, reporting, and energy management solutions for the unattended point of sale market primarily in the United States. The company offers networked devices and associated services that enable the owners and operators of stand-alone distributed assets, such as vending machines, kiosks, personal computers, photocopiers, and laundry equipment the ability to remotely monitor, control, and report on the results of these distributed assets, as well as the ability to offer their customers cashless payment options. Its products include Intelligent Vending, an ePort connect solution for the vending industry; Kiosk, an ePort solution that offers an electronic payment option and Web-based remote monitoring and management for various kiosk types; eSuds, a solution for the commercial laundry industry; Business Express, which provides self-service business center solutions to the hotel and motel industry; and ePort Transact soluti on for the self-service business center devices, such as printers and copy machines. The company also manufactures and sells energy conservation products comprising VendingMiser, CoolerMiser, VM2IQ and CM2IQ, SnackMiser, and PlugMiser for various existing equipment, including refrigerated vending machines and glass front coolers. USA Technologies, Inc. was founded in 1992 and is based in Malvern, Pennsylvania.
Advisors' Opinion:- [By Michael]
USA Technologies is a supplier of cashless, remote management, reporting and energy management services.
Shares of USA Technologies ramped higher in January after the company said revenue in its fiscal second quarter jumped 60% from a year earlier to $6 million, while its net loss narrowed to a penny a share from a loss of 19 cents. Shares pulled back slightly in March after USA Technologies announced it raised nearly $11 million in a private placement of common stock.
Current Share Price: $2.35 (March 29)
First Quarter Total Return: 128%
Analyst Ratings: Janney Montgomery Scott is the only research firm with coverage of USA Technologies, rating the stock a "hold" with a price target of $1.25.
TheStreet Ratings has a "sell" recommendation on USA Technologies, citing disappointing return on equity.
Best Asian Companies To Watch In Right Now: Numerex Corp.(NMRX)
Numerex Corp. provides business services, technology, and products used in the development and support of machine-to-machine solutions for the enterprise and government markets worldwide. The company offers Numerex DNA that includes hardware and smart devices, cellular and satellite network services, and software applications that are delivered through Numerex FAST (Foundation Application Software Technology). Its customers subscribe to device management, network, and application services through hosted platforms. The company distributes its products through value added resellers, system integrators, and original equipment manufacturers. It serves security, energy and utilities, healthcare, financial services, government, transportation, and supply chain markets. The company was founded in 1988 and is headquartered in Atlanta, Georgia.
Hot Dow Dividend Stocks To Invest In Right Now: (POLARIS.NS)
Polaris Software Lab Limited, a financial technology company, provides software solutions for core banking, corporate banking, wealth and asset management, and insurance sectors. Its products include Intellect Universal Banking, a core banking platform that enables banks to serve markets through various channels; Intellect Consumer Finance Platform, a loan life cycle management solution, an integrated front, middle, and back-office solution for managing wealth management life cycle; Intellect Cards Platform, a credit card application; Intellect Portals, an Internet banking platform; Intellect Cash and Liquidity, a liquidity management software; Intellect Treasury, a web-based software that meets treasury requirements in the areas of fixed income, forex, money markets, derivatives, and risk management; Intellect Business Process Studio, a process automation solution; and Intellect Securities Services, an integrated custodial services solutions. The company also offers servi ces, including enterprise applications and technology platforms, such as Infor BaaN, Siebel, SAP, Business Objects, and IBM technologies; and global shared services, application maintenance and support, full lifecycle implementations, package rollouts, migration / version upgrades, custom application development, and integration services. In addition, the company provides performance engineering services; domain, domain led technology, and domain led validation services; IT enterprise managed services; and business process outsourcing services. It sells its products in the United States, Europe, Asia Pacific, India, and the Middle East. The company was founded in 1993 and is headquartered in Chennai, India.
Advisors' Opinion:- [By Quickel]
Polaris Software is arguably the world's most sophisticated banking and insurance software company. Polaris offers state-of-the-art, complete solutions for core banking, corporate banking, wealth and asset management as well as insurance. Since inception, Polaris has implemented its solutions and services among hundreds of the world's largest financial institutions.
The company’s Profit after Tax (PAT) grew by 42% to Rs. 45.74 crore for the quarter ended 31st March 2010 from Rs. 32.11 crore compared to the same quarter last year. Revenues were up 4% to Rs. 351.04 crore from Rs. 337.25 crore. The Board of Directors recommended a final dividend of 35% on the paid up capital for fiscal 2010.
Best Asian Companies To Watch In Right Now: Monrif Spa(EDII.MI)
Monrif S.p.A engages in the publishing, news information, Internet, and tourism businesses primarily in Italy. Its newspapers include Il Resto del Carlino, La Nazione, and Il Giorno; and magazines consist of ONDA TIV� COSTI DI CASA, L'ENIGMISTICA, CAVALLO MAGAZINE, and LO SPERONE. The company also owns a radio station. It prints in various languages, including Italian, French, English, and German, as well as Brazilian Portuguese. Monrif also operates hotels, which comprise GRAND HOTEL BRUN, HOTEL HERMITAGE, ROYAL GARDEN HOTEL, ROYAL HOTEL CARLTON, and HOTEL INTERNAZIONALE. In addition, it organizes sporting events, such as cycling, tennis, and horse riding. Further, the company offers various Internet services, which include email service; search engine for searching the Web and newspapers; creation of Internet communities based on information, sports, games, and fiction; and free messages to mobile phones. Monrif is based in Bologna, Italy.
Best Asian Companies To Watch In Right Now: Matrix Service Company(MTRX)
Matrix Service Company provides construction, and repair and maintenance services primarily to the energy and energy related industries in the United States and internationally. The company operates in two segments, Construction Services, and Repair and Maintenance Services. The Construction Services segment offers aboveground storage tanks for the bulk storage/terminal industry, capital construction for the downstream petroleum industry, and specialty construction, as well as electrical/instrumentation services, such as civil/structural, mechanical, piping, electrical and instrumentation, millwrighting, and fabrication for various industries. This segment focuses on renovations, retrofits, modifications, and expansions to existing facilities, as well as construction of new facilities. The Repair and Maintenance Services segment provides aboveground storage tank repair and maintenance services, including tank inspection, cleaning, and American Society of Mechanical Enginee rs code repairs; planned major and routine maintenance for the downstream petroleum industry; specialty repair and maintenance services; and electrical and instrumentation repair and maintenance. It serves integrated oil companies, independent petroleum refiners, power companies, engineering firms, general contractors, and petrochemical and industrial gas companies, as well as pipeline, terminal, and oil and gas marketing companies. The company was founded in 1989 and is headquartered in Tulsa, Oklahoma.
Advisors' Opinion:- [By Roberto Pedone]
Matrix Service (MTRX) provides construction
and repair and maintenance services mainly to the energy and energy related industries. This stock is trading up 4% at $16.15 in recent trading.
Today's Volume: 458,000
Average Volume: 154,626
Volume % Change: 484%Shares of MTRX are trending up today after the company said it beat Wall Street EPS estimates by 2 cents per share and beat revenue estimates.
From a technical perspective, MTRX is ripping higher here back above its 50-day moving average of $15.13 with heavy upside volume. This move has started to push shares of MTRX into breakout territory, since the stock has taken out some near-term overhead resistance levels at $15.59 to $15.79.
Traders should now look for long-biased trades in MTRX as long as it's trending above those key breakout levels with bullish upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 154,626 shares as bullish. If MTRX can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $16.74 to $17.21. Any high-volume move above $17.21 will then push shares of MTRX into new 52-week high territory, which is bullish technical price action.
Best Asian Companies To Watch In Right Now: Digital Dispatch (DD.TO)
DDS Wireless International Inc. provides wireless mobile data solutions for vehicle fleet applications primarily in the United States, Canada, Europe, and internationally. The company engages in the design, development, and deployment of turnkey solutions, including application software, mobile devices, infrastructure products, professional services, and maintenance. It operates in four business units: Taxi, Transit, eFleet, and Digital Wireless. The Taxi business unit provides computerized dispatching and turnkey wireless fleet management solutions for taxi fleets; and TaxiBook, an Internet-based fleet management and dispatch solution. It also offers mobile commerce and Web-based interactive multimedia information, entertainment, and advertising solutions for taxis through a passenger information monitor. The Transit business unit provides mobile devices and wireless data infrastructure; scheduling, dispatching, and client management software; and service-based managed sc heduling and dispatching solutions for the transit market. The eFleet business unit offers software, hardware, and data networks that are accessible via Web browser to provide dispatching and management functionality for fleets of commercial vehicles. It integrates computer aided wireless dispatch, GPS fleet tracking, GPS navigation, two-way text messaging, and point-of-sale payment processing into a single hosted system. This business unit�s primary markets are work trucks, waste management trucks, and limousines. The Digital Wireless business unit provides in-vehicle wireless data computers, communications infrastructure products, and related in-vehicle peripheral devices. It markets its products as an OEM directly to customers and third-party solution providers. The company was formerly known as Digital Dispatch Systems Inc. and changed its name to DDS Wireless International Inc. in March 2008. The company was founded in 1978 and is headquartered in Richmond, Canada.
No comments:
Post a Comment