Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Ticker Shock: Take Two Takes a Hit

By

Wednesday's top stories and stocks with potential to move.

PrintPRINT
Siemens (SI):
UBS nudged up its rating from Sell to Neutral.

My two cents:

1. I see Siemens doing well long haul, which is why I'd ponder nibbling.

2. You've also got a reasonable price-to-expected earnings multiple here, and a decent dividend history.

3. Estimates have been moving up over the last couple of months.

4. Being the miser I am, I'd be even a bit more bullish if the stock was in the mid $70s.

Biogen (BIIB):
It appears that Bank of America/Merrill slapped an Underperform rating on this company.

My thoughts:

1. I respectfully disagree with the rating and feel the stock has some solid potential. After all, the company is expected to kick out pretty impressive earnings this year and next.

2. It's clearly a good name. It's also trading (somewhat) near its 52- week high. And if it can punch through and make a new high, it could have some legs.

3. The shares would be more fairly valued in the low $60s.

Have a great day!
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE