This week's see-saw dynamic in U.S. stocks continues this morning, with the S&P 500 (SNPINDEX: ^GSPC ) and the narrower, price-weighted Dow Jones Industrial Average (DJINDICES: ^DJI ) up 0.65% and 0.55%, respectively, at 10:05 a.m. EDT.
Moving in separate directions
Even before this week's stock market gyrations, which were kicked off by a sharp decline on Monday, many investors and pundits had been loudly calling for a correction. Indeed, the market's rally since last year's June low has been a dogged, low-volatility climb that appeared to break from the "risk-on/risk-off" dynamic that has governed asset markets in the aftermath of the financial crisis, despite the fact that many of the same macroeconomic headwinds remain.
One ominous sign for stocks can be found not in the stock market, but in bonds, with Treasury bonds in particular finding new favor with investors since early March. Bill Gross, who manages PIMCO's Total Return Fund, the world's largest bond fund, has lifted its allocation to U.S. Treasuries to 33% against 28% in February -- the highest it has been since July. The decline in yields suggests that the risk of deflation, or at least a slowdown in the economy, has increased.
Top 10 Financial Stocks To Buy Right Now: Exxon Mobil Corporation(XOM)
Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas, and manufacture of petroleum products, as well as transportation and sale of crude oil, natural gas, and petroleum products. The company manufactures and markets commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and other specialty products. As of December 31, 2010, it operated 35,691 gross and 30,494 net operated wells. The company has operations in the United States, Canada/South America, Europe, Africa, Asia, and Australia/Oceania. Exxon Mobil Corporation was founded in 1870 and is based in Irving, Texas.
Advisors' Opinion:- [By Tyler Crowe]
For a couple of months now, we've been anticipating an annoucement from�InterOil (NYSE: IOC ) �to see whom it will select as its operations partner. Well, based on what ExxonMobil (NYSE: XOM ) has said recently, it appears that our wait is just about over.�
- [By WALLSTCHEATSHEET]
This article�has been�heavy on optimism, but please keep in mind that this pertains to the long haul. A deflationary environment is a possibility in the coming years. If this type of environment presents itself, then Exxon Mobil will have to deal with some challenging times. However, as�hinted at�several times earlier, Exxon Mobil is a long-term OUTPERFORM.
- [By Paul Ausick]
Big Earnings Movers: Starbucks Corp. (NASDAQ: SBUX) is up 0.3% at $81.06 on good earnings. Facebook Inc. (NASDAQ: FB) is up 2.6% at $50.26 on another good report. Exxon Mobil Corp. (NYSE: XOM) is up 1% at $89.70. Avon Products Inc. (NYSE: AVP) is down 21.6% at $17.56 after a very poor showing.
10 Best Gas Utility Stocks To Watch For 2014: Greengro Technologies Inc (GRNH)
GreenGro Technologies Inc., formerly Authoriszor Inc., provides management services for the planning, construction, staffing and operation of medical marijuana dispensaries, and nurseries on behalf of non-profit patient co-operatives. Through long term contracts, the Company operates non-profit centers, returning all unused patient contributions, on a pro-rata basis to each co-op member in the form of additional product. In February 2010, Authoriszor Inc. completed the acquisition of GreenGro Technologies, Inc., and CannovaHealth, a clinic management company. In September 2011, the Company acquired Vertical Hydrogarden, Inc.
Medical marijuana (medical cannabis) is an alternative method to other forms of medication used to manage or alleviate pain without the undo side-effects caused by the prescription medication being used to treat an illness. The Company stands ready to assist in patient care co-operatives throughout the United States.
Advisors' Opinion:- [By Dan Burrows]
MediSwipe (MWIP) has tripled, with MWIP stock up 200%. Cannabis Science (CBIS) is closing in on quadrupling, as CBIS stock gained 273%. And GreenGro Technologies (GRNH)? Brace yourself, because GRNH stock is up over 1,000% … including an 18% so far today.
- [By Ben Levisohn]
But, as the Huffington Post points out, most of the companies that stand to benefit are very small–they make micro caps look big–trade over the counter–good bye liquidity. That includes transaction-processing company MediSwipe (MWIPD), GreenGro Technologies (GRNH) Medbox (MDBX), which makes dispenser for high-risk drugs, and GW Pharmaceuticals (GWPRF).
10 Best Gas Utility Stocks To Watch For 2014: Vanguard Energy Index ETF (VDE)
Vanguard Energy ETF, formerly known as Vanguard Energy VIPERs, is an exchange-traded share class of Vanguard Energy Index Fund (the Fund). The Fund employs a passive management or indexing investment approach designed to track the performance of the Morgan Stanley Capital International (MSCI) US Investable Market Energy Index (the Index), an index of stocks of large, medium and small United States companies in the energy sector, as classified under the Global Industry Classification Standard (GICS).
This GICS sector is made up of companies whose businesses are dominated by activities, such as the construction or provision of oil rigs, drilling equipment, and other energy-related service and equipment (such as seismic data collection), or companies engaged in the exploration, production, marketing, refining and/or transportation of oil and gas products. The Fund seeks to replicate the Index by investing all, or substantially all, of its assets in the stocks that make up the Index.
Advisors' Opinion:- [By MONEYMORNING.COM]
I like the idea of investing in a group of the largest integrated energy companies, oil and gas explorers/producers, and energy equipment and services. It's like a call option on energy with no expiry date. One of the best alternatives in this sector is the Vanguard Energy ETF (NYSE: VDE).
10 Best Gas Utility Stocks To Watch For 2014: STERIS Corporation(STE)
STERIS Corporation and its subsidiaries develop, manufacture, and sell infection prevention, contamination control, microbial reduction, and surgical support products and services for healthcare, pharmaceutical, scientific, research, industrial, and governmental customers worldwide. It provides steam, vaporized hydrogen peroxide, and ethylene oxide sterilizers; liquid chemical sterilant processing systems; washer/disinfector systems; general and specialty surgical tables; surgical and examination lights; equipment management systems; operating room storage cabinets; warming cabinets; scrub sinks; and other products and accessories. The company also offers connectivity solutions, such as operating room integration, workflow, patient tracking, and instrument management that allow transfer of information and images; cleaning chemistries and sterility assurance products; cleansing products, including hard surface disinfectants, and skin care and hand hygiene solutions; high-pu rity water equipment; vaporized hydrogen peroxide generators. In addition, it sells contract materials processing services using gamma irradiation and ethylene oxide technologies, as well as offers microbial reduction services based on customer specifications. Further, the company provides maintenance programs and repair services, sterilization and surgical management consulting services, information management and decision support services, and other support services, such as construction and facility planning, engineering support, device testing, customer education, hand hygiene process excellence, asset management/planning, and the sale of replacement parts. STERIS Corporation sells its products to end users, dealers, and distributors through direct field sales and service representatives. The company was formerly known as Innovative Medical Technologies and changed its name to STERIS Corporation in 1987. STERIS Corporation was founded in 1985 and is headquartered in Ment or, Ohio.
Advisors' Opinion:- [By Sean Williams]
What: Shares of Steris (NYSE: STE ) �-- a manufacturer of infection prevention, contamination control, and surgical support products for the health-care industry -- jumped as much as 10% after reporting better-than-expected fourth-quarter results.
10 Best Gas Utility Stocks To Watch For 2014: Open Text Corporation (OTEX)
Open Text Corporation develops, markets, sells, licenses, and supports enterprise content management (ECM) solutions primarily in North America and Europe. The company?s ECM software and solutions enable customers to manage various types of enterprise content, including business documents, Web content, records, digital assets, email, forms and reports, forums, blogs, wikis, and real time instant messaging and collaboration. Its ECM solutions comprise various components, including document management, which provides repository for business documents, such as Microsoft office, CAD, and PDF; collaboration that offers tools designed to better facilitate people working with each other with content and processes; Web content management, which provides tools for authoring, maintaining, and administering sophisticated Web sites; and records management that enables control of the lifecycle of content objects by associating robust retention and disposition rules with each content as set. The company?s ECM solutions also provide email management services designed to enable the archiving, control, and monitoring of email; capture and delivery tools that provide the means of converting documents from analog sources; digital asset management; business process management services; content reporting tools for analyzing content and generating reports; and Open Text Everywhere that allows the Open Text ECM suite to be available via mobile devices. In addition, it offers industry specific solutions for government, technology/manufacturing, energy, financial services, pharmaceutical and life sciences, legal, and media sectors. Additionally, the company provides learning, consulting, hosting, and customer support and training services. It has strategic alliances with Microsoft Corporation, Oracle Corporation, and SAP AG. The company was founded in 1991 and is headquartered in Waterloo, Canada.
Advisors' Opinion:- [By MONEYMORNING.COM]
Known as one of the world's leading data management firms for large organizations, Open Text (Nasdaq: OTEX) ranks as the biggest software company in Canada.
- [By Jake L'Ecuyer]
Shares of Open Text (NASDAQ: OTEX) got a boost, shooting up 11.95 percent to $101.45 after the company reported upbeat Q2 results and announced a 2-for-1 stock split.
- [By Michael Robinson]
Open Text (OTEX)
Known as one of the world's leading data management firms for large organizations, Open Text ranks as the biggest software company in Canada. A roster of A-list clients helps a great deal. Some of Open Text's stable of blue-chip clients include Coca-Cola, BP, and Visa.
10 Best Gas Utility Stocks To Watch For 2014: ONYX Pharmaceuticals Inc.(ONXX)
Onyx Pharmaceuticals, Inc., a biopharmaceutical company, engages in the development and commercialization of therapies that target the molecular mechanisms that cause cancer in the United States and internationally. The company, through its collaboration agreement with Bayer HealthCare Pharmaceuticals, Inc., develops and markets Nexavar (sorafenib) tablet, a multiple kinase inhibitor for the treatment of liver cancer and advanced kidney cancer. It is also conducting Phase III clinical trial on Nexavar for the treatment of kidney, liver, lung, thyroid, breast, and non-small cell lung cancers; clinical trials on carfilzomib, a proteasome inhibitor for the treatment of patients with relapsed or relapsed/refractory multiple myeloma and solid tumors; and Phase Ib/II clinical trial on Oprozomib, an oral proteasome inhibitor. In addition, Onyx Pharmaceuticals, Inc. is developing ONX 0914, an immunoproteasome inhibitor, which is in preclinical stage for the treatment of autoimmune disorders, such as rheumatoid arthritis, inflammatory bowel disease, and lupus. Further, the company, through its collaboration agreement with Bayer HealthCare Pharmaceuticals, Inc., is conducting clinical trials on Regorafenib, a multi-kinase inhibitor to treat metastatic colorectal cancer and gastrointestinal stromal tumors. It has a collaboration agreement with Warner-Lambert Company to discover and commercialize small molecule drugs that restore control of or intervene in the misregulated cell cycle in tumor cells. The company also has development and license agreements with BTG International Limited for the development and commercialization of ONX 0801, a novel targeted oncology compound; and Ono Pharmaceutical Co., Ltd. to develop and commercialize carfilzomib and Oprozomib for oncology indications in Japan. Onyx Pharmaceuticals, Inc. was founded in 1992 and is headquartered in South San Francisco, California.
Advisors' Opinion:- [By Dan Caplinger]
Finally, beyond the Dow, Onyx Pharmaceuticals (NASDAQ: ONXX ) jumped by more than 50% on speculation that the company could receive an even better bid than the one it rejected from Amgen (NASDAQ: AMGN ) . Onyx argued that Amgen's $120 bid was inadequate in light of the company's value and investors agreed, bidding shares above the $130 level. Whether Onyx's aspirations actually bear fruit in the long run remains to be seen, but what the story tells in broader terms is that merger and acquisition activity is alive and well in this cash-rich environment, even as higher rates make that cash more valuable to hang onto.
- [By Keith Speights]
1. Onyx Pharmaceuticals (NASDAQ: ONXX )
This one's virtually a no-brainer. A few weeks ago, Amgen (NASDAQ: AMGN ) made an unsolicited offer for Onyx. Although Onyx rejected Amgen's bid of $120 per share as being too low, that wasn't the end of the story. - [By John Udovich]
Cramer Talks Up Biotech and Cancer Biotech in Particular. For what his opinion might be worth, MSNBC�� Mad Money host Jim Cramer recently commented that the 25 best-performing small cap stocks this year are "almost entirely biotech." He went on to point out that Celldex Therapeutics has been "just incredible��and that other companies to watch include Celgene Corporation (NASDAQ: CELG), ImmunoGen, Inc (NASDAQ: IMGN) and Onyx Pharmaceuticals, Inc (NASDAQ: ONXX), which all have promising cancer products on the way. He also added that:�
10 Best Gas Utility Stocks To Watch For 2014: Sovereign Lithium Inc (SLCO)
Sovereign Lithium, Inc., formerly Great American Energy Inc., incorporated on February 22, 2007, is a mineral exploration and development company focused on supporting clean energy and clean technology industries. The Company is engaged in identifying, acquiring and developing mineral assets in the United States and surrounding countries. The Company�� portfolio of projects primarily targets lithium production with a sub-focus on rare earth elements (REE).
The Company�� project includes Big Smoky Valley lithium project and Bear Creek REE project. Big Smoky Valley lithium project is located in Esmeralda Country in Nevada. It represents 48 unpatented placer mining claims consisting of 7,680 acres (3,108 hectares) in and around Esmeralda Country, Nevada. Bear Creek REE project consists of 10 mining claims totaling 7,311 acres (2,959 hectares) in British Columbia, Canada.
Advisors' Opinion:- [By John Udovich]
Small cap OTC stocks Sovereign Lithium Inc (OTCMKTS: SLCO), Life Stem Genetics Inc (OTCMKTS: LIFS), Nevada Gold Corp (OTCMKTS: NVGC), Guar Global Ltd (OTCMKTS: GGBL) and Makism 3D Corp (OTCMKTS: MDDD) all saw their trading halted late last year by the SEC, but now all of these stocks are trading again. So what's going on and why the sudden crackdown? First, here is a quick look at what happened to the following five small cap stocks:
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