Recap of "The Opening Bell on Fox Business" - 12/23/09
Ockham's daily Recap of The Opening Bell on Fox Business.
Listed below are stocks that were mentioned in Fox Business's The Opening Bell on Fox Business on Wednesday December, 23rd.
This program gets the day in the market rolling as host Alexis Glick details the developing stories that will dominate the market. This program highlights earnings and data releases as well as interviews and commentary from strategists and trading experts. This show begins 9am ET and runs for one hour, and stocks mentioned on the program are listed below.
Want to know everything that was said on The Opening Bell on Fox Business? Then you have to watch it. Visit Fox Business for show times and channel guides.
Fox Business - The Opening Bell on Fox Business Stock Commentary for 12/23/2009
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9:45A, Dec. 23,2009
WMT
$53.49 Wal-Mart Stores, Inc.
The Opening Bell on Fox Business: WMT is Among Most Active Stocks in the News Today WMT has been one of the most active stocks in the news today, so investors in it will want to pay attention to what is happening. When looking at our entire coverage universe and ranking stocks by the attention they receive on RazorWire, it is clear that Wal-Mart Stores, Incorporated has been talked about more than normal recently. We consider WMT as Undervalued at the current price of $53.49. According to our methodology, this stock has appreciation potential based on current fundamentals which only improves if earnings or revenue surprise. Crowd sentiment is neutral from the millions of opinions submitted through Motley Fool CAPS, which suggests most investors on their platform believe Wal-Mart Stores, Incorporated will perform just about the same as the index. “… All right, ranked as the largest corporate foundation in the country, the WAL-MART foundation has given nearly 400 million dollars in cash and in kind gifts during the 2009 ... …” |
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9:44A, Dec. 23,2009
CTAS
$26.73 Cintas Corp.
The Latest News for CTAS Was Just on The Opening Bell on Fox Business News has broken via the television and viral blogs regarding CTAS, so investors should take an interest in learning what was said. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Cintas Corporation has actually sunk a bit in comparison to the others. Crowd sentiment is favorable on this stock, as measured by the Motley Fool CAPS survey. At present, Ockham has a valuation stance of Undervalued on CTAS, as we could see significant price appreciation based on current fundamentals like cash earnings and revenue. However, the CTAS has fallen in price since the report, and barring a change in fundamentals could be upgraded on our next report. Investors are headed for the exit following today's news as the stock is trading down $2.89. “… Missing estimates for revenue and earnings, CINTAS. The ceo saying they expect a lengthy job recovery and CINTAS says they've made more of the customer holiday closures, it's ... …” |
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9:43A, Dec. 23,2009
AIG
$30.25 American International Group, Inc.
AIG's Dividends Mentioned by The Opening Bell on Fox Business Dividends are a management decision and can be seen as a signal of strength or weakness depending on the latest news. RazorWire captured a discussion of AIG's dividends recently on The Opening Bell on Fox Business. In comparison to the other stocks that we follow, American International Group, Incorporated has seen more discussion in relation to its normal ranking among the group. Be aware that the news sources we track are focusing on this stock more often these days. Interestingly, overall sentiment looks bearish according to the Motley Fool's CAPS survey, as most of their users see American International Group, Incorporated underperforming. The Ockham valuation currently has a Fairly Valued stance on AIG because it trades within the price range that we would expect given current market conditions and fundamentals. “… AIG under pressure getting the rating for one of its units cut to junk at moody's plus as we discussed earlier, "the employees who said they are haven't done it. …” |
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9:43A, Dec. 23,2009
WFC
$27.03 Wells Fargo & Company
Yearly Highs and WFC Recently Discussed on The Opening Bell on Fox Business Stick with it or dump it? The Opening Bell on Fox Business discusses what an abnormally high price means for WFC's investors. Take note of Ockham's valaution on the stock as well. Wells Fargo & Company receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. We noticed recently that in comparison to all other stocks we analyze in the news; WFC has received less coverage from the financial media in business television and blogs. The latest news on WFC has created quite a stir as the stock is trading $1.37 higher in today's session. The Motley Fool CAPS crowd believes this stock will perform generally in line with the benchmark, or in other words the crowd is neutral. “… early up 7%. WELLS FARGO upgrading the stock as part after broader calls on the newspaper and so far the market is liking it. …” |
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9:43A, Dec. 23,2009
GCI
$15.35 Gannett Co., Inc.
Yearly Highs and GCI Recently Discussed on The Opening Bell on Fox Business When a stock reaches a notable high point, investors have to ask themselves: take profits or let it run? See what The Opening Bell on Fox Business recommends for Gannett Co., Inc. and obviously Ockham has an opinion as well. Gannett Co., Inc. received our Fairly Valued rating in our latest report because the price at the time of the report of $13.16 did not seem out of line with the fundamentals. The price has risen since then and all other things being equal that makes GCI less attractive. We noticed recently that in comparison to all other stocks we analyze in the news; GCI has received less coverage from the financial media in business television and blogs. While bearish sentiment on a stock is not always a bad thing, it is something you need to be aware of. The Motley Fool survey of crowd sentiment shows that many investors believe this stock will underperform. The latest news on GCI has created quite a stir as the stock is trading $1.45 higher in today's session. “… GANNETT a 52-week high in early up 7%. Wells fargo upgrading the stock as part after broader calls on the newspaper and so far the market is liking it. . …” |
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9:39A, Dec. 23,2009
PFE
$18.79 Pfizer, Inc.
Notice a Discussion Covering PFE Appeared Recently in the Financial News Staying informed on the news is invaluable for investors, and RazorWire has captured a recently discussion on PFE from The Opening Bell on Fox Business. As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, PFE has been less covered in the news compared to the rest of our universe of stocks. The Motley Fool CAPS data suggests that investors believe Pfizer, Incorporated will beat the market in the foreseeable future. We consider PFE as Undervalued at the current price of $18.79. According to our methodology, this stock has appreciation potential based on current fundamentals which only improves if earnings or revenue surprise. “… A collaborator with PFIZER, obviously fantastic, look at that one. Alexis: look at that. That's, that's pretty good. Charles: knocking back the eggnog tonight if I was in ... …” |
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9:39A, Dec. 23,2009
CGEN
$5.17 Compugen Ltd
Finally CGEN Mentioned in the News on The Opening Bell on Fox Business CGEN will be silent no longer, with the major media, such as The Opening Bell on Fox Business finally beginning to notice this stock. As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, CGEN has been less covered in the news compared to the rest of our universe of stocks. After factoring in the current fundamentals versus their historically normal ranges, we have established a Fairly Valued stance on CGEN. That being said, the recent price appreciation may be too much, too fast and we will consider downgrading on our next report. Check the news on this stock because there is a catalyst that has allowed this stock to advance 82.15% today. “… payne, thank you for seven early movers. And he's getting ready. We're nine minutes into the …” |
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9:38A, Dec. 23,2009
AM
$24.78 American Greetings Corp CL A
RazorWire: Both AM and 52-week Lows Discussed on The Opening Bell on Fox Business Not news that any AM investor wants to hear, the stock has fallen to a new low and was discussed on The Opening Bell on Fox Business. The crowd at The Motley Fool does not like AM and believes that it will Underperform. At Ockham, we are not advising buying American Greetings Corp CL A at the current price level because according to our methodology it is not supported by the fundamentals. As we analyze the results from RazorWire, one thing we do is rank each stock in terms of amount of news coverage. Recently, AM has been less covered in the news compared to the rest of our universe of stocks. Check the news on this stock because there is a catalyst that has allowed this stock to advance 6.35% today. “… This is an interesting one, AMERICAN GREETINGS, you saw, okay, greeting cards who uses those anymore? Alexis the 52-week low on the. …” |
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9:37A, Dec. 23,2009
GCO
$26.47 Genesco Inc.
Genesco Inc. News is Being Covered Right Now on The Opening Bell on Fox Business The latest news from The Opening Bell on Fox Business on GCO is available through Ockham's news analytics platform RazorWire. Interestingly, overall sentiment looks bearish according to the Motley Fool's CAPS survey, as most of their users see Genesco Inc. underperforming. When taking into account the amount of news coverage each stock normally sees as a percentage of the total, Genesco Inc. has actually sunk a bit in comparison to the others. The Ockham valuation currently has a Fairly Valued stance on GCO because it trades within the price range that we would expect given current market conditions and fundamentals. “… 12 cents, they actually broke even, excluded items the street thought they would lose and they're buying GENESCO. And this has been in the rumor mill, make what's known as metal ... …” |
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9:37A, Dec. 23,2009
FINL
$10.90 Finish Line Inc., The Class A
Slow Month for News Out of FINL But The Opening Bell on Fox Business Mentions Them It's been at least a month since we noticed any major news coverage of FINL, so the story in The Opening Bell on Fox Business may get the ball rolling. The latest news on FINL has created quite a stir as the stock is trading $0.90 higher in today's session. At the current price, value investors will want to look elsewhere for a buying opportunity as this stock has heated up and is currently Overvalued. The price has continued to rise to $10.90 even since we issued the Overvalued stance at a lower price. While bearish sentiment on a stock is not always a bad thing, it is something you need to be aware of. The Motley Fool survey of crowd sentiment shows that many investors believe this stock will underperform. We noticed recently that in comparison to all other stocks we analyze in the news; FINL has received less coverage from the financial media in business television and blogs. “… so this stock trading at five times book need add good report and that was it. FINISH LINE is also one to take a look at. …” |

