|By PR Newswire||
|February 14, 2014 09:30 AM EST||
CHICAGO, Feb. 14, 2014 /PRNewswire/ -- Zacks Equity Research highlights JinkoSolar Holding (NYSE:JKS-Free Report) as the Bull of the Day and Elizabeth Arden (Nasdaq:RDEN-Free Report) as the Bear of the Day. In addition, Zacks Equity Research provides analysis onTata Motors Limited (NYSE:TTM-Free Report), Westport Innovations Inc. (Nasdaq:WPRT-Free Report) and Volkswagen AG (OTC:VLKAY-Free Report).
Here is a synopsis of all five stocks:
The solar industry was one of the biggest winners in 2013 as this lean sector soared on strong earnings and an investor belief that the space has finally grown up into a profitable segment. However, to start this year, gains have been a bit harder to come by, as many companies in the space have seen weakness in their share prices.
Yet this weakness to start 2014 may actually be a great buying opportunity for investors, as the strong solar growth story is still intact for the most part. Panel installation and demand are both surging, and with Europe (one of the key solar power markets) back on track, the future appears very bright for this industry.
While there are a number of companies that can take advantage of this trend, a look to vertically-integrated firms that have a global focus could be a great way to play the second leg up in solar power. One that stands out is definitely JinkoSolar Holding (NYSE:JKS-Free Report), a China-based company that specializes in low-cost production and supply of solar panels.
JinkoSolar has really made a name for itself since starting off as a wafer supplier in June 2006, as currently the company has annual integrated production capacity of over 1.2GW for silicon wafers, solar cells and modules. The firm has customers around the world, including its home market of China, but also European customers (such as Germany, Italy, and Spain), and the United States as well.
Recent trading has been very rough for retailers as intense competition and worries over consumer demand have crushed many stocks in this space. One company that has been particularly impacted by this trend is undoubtedly Elizabeth Arden (Nasdaq:RDEN-Free Report).
RDEN in Focus
Elizabeth Arden is a Florida-based beauty products company, which makes, markets, and sells a variety of cosmetic products along with skin care items and fragrances. The firm also has a wide variety of celebrity-braded fragrances, and generally distributes its products to department and specialty stores.
While the company recently beat estimates, edging out the Zacks Consensus Estimate by a single penny, it is the outlook that was extremely troubling for RDEN. The company slashed its outlook for the full year, forcing analysts to drastically reduce their expectations for Elizabeth Arden's earnings.
Thanks to this reduced guidance and the extremely tough environment for discretionary retailers, the earnings outlook for RDEN has crashed in recent sessions. In fact, the full year estimate for 2014 earnings has cratered by over 50% in the past year, though much of the slump in expectations has taken place in the past month following the drastic guidance cut by RDEN management.
The current quarter Zacks Consensus Estimate has plunged from 20 cents a share 30 days ago, to just two cents a share today, an enormous cut in profit expectations. Current year expectations aren't much better, falling from $2.19/share 30 days ago to $1.46/share today.
Tata Motors Rolls Out Nat Gas Engine
Tata Motors Limited (NYSE:TTM-Free Report) has launched a new natural gas engine that uses the Westport WP580 Engine Management System (EMS) of Westport Innovations Inc. (Nasdaq:WPRT-Free Report). The spark-ignited 3.8L turbocharged engine was recently showcased at India's Auto Expo in New Delhi.
Tata Motors is also planning to use the Westport WP580 EMS in a new 5.7L engine later this year. This engine will be aimed at medium-duty vehicles.
The Westport WP580 EMS uses an advanced combustion control technology which provides excellent fuel efficiency and torque and reduces emissions. In fact, it enables vehicles to meet the Euro VI emission standards. Moreover, it provides pricing benefits, enabling natural gas vehicles to be manufactured and sold at lower costs.
India is among the biggest commercial vehicles markets in the world, with one of the largest natural gas light-duty vehicle fleets. It is also one of the fastest growing markets for natural gas vehicles. Thus, the new natural gas engine should help Tata Motors, India's largest automobile company, to acquire a greater share of this lucrative market.
Tata Motors is one of the largest passenger and commercial vehicle manufacturers in India. It is also the fifth-largest truck manufacturer and fourth-largest bus manufacturer in the world. Westport Innovations specializes in natural gas engine and fuel system technologies and aims to reduce emissions and fuel costs of vehicles.
Tata Motors currently carries a Zacks Rank #1 (Strong Buy), while Westport Innovations carries a Zacks Rank #3 (Hold). Another stocks worth considering in the auto industry is Volkswagen AG (OTC:VLKAY-Free Report), which carries a Zacks Rank #2 (Buy).
About the Bull and Bear of the Day
Every day, the analysts at Zacks Equity Research select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next 3-6 months.
About the Analyst Blog
Updated throughout every trading day, the Analyst Blog provides analysis from Zacks Equity Research about the latest news and events impacting stocks and the financial markets.
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term.
Continuous analyst coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Click here to subscribe to this free newsletter today.
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Zacks.com provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. www.zacks.com/disclaimer.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
SOURCE Zacks Investment Research, Inc.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of Soli...
Feb. 22, 2017 10:45 AM EST Reads: 336
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business. Though, IoT is far more complex than most firms expected with a majority of IoT projects having failed. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, Chief IoTologist at Wipro, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology portfolios and business models to adopt and leverage IoT. He will delve in...
Feb. 22, 2017 10:00 AM EST Reads: 1,498
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
Feb. 22, 2017 09:45 AM EST Reads: 795
Cloud Expo, Inc. has announced today that Aruna Ravichandran, vice president of DevOps Product and Solutions Marketing at CA Technologies, has been named co-conference chair of DevOps at Cloud Expo 2017. The @DevOpsSummit at Cloud Expo New York will take place on June 6-8, 2017, at the Javits Center in New York City, New York, and @DevOpsSummit at Cloud Expo Silicon Valley will take place Oct. 31-Nov. 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Feb. 22, 2017 09:45 AM EST Reads: 1,322
In his session at @ThingsExpo, Steve Wilkes, CTO and founder of Striim, will delve into four enterprise-scale, business-critical case studies where streaming analytics serves as the key to enabling real-time data integration and right-time insights in hybrid cloud, IoT, and fog computing environments. As part of this discussion, he will also present a demo based on its partnership with Fujitsu, highlighting their technologies in a healthcare IoT use-case. The demo showcases the tracking of pati...
Feb. 22, 2017 09:29 AM EST Reads: 139
Tricky charts and visually deceptive graphs often make a case for the impact IT performance has on business. The debate isn't around the obvious; of course, IT performance metrics like website load time influence business metrics such as conversions and revenue. Rather, this presentation will explore various data analysis concepts to understand how, and how not to, assert such correlations. In his session at 20th Cloud Expo, Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Sys...
Feb. 22, 2017 09:15 AM EST Reads: 1,378
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.
Feb. 22, 2017 08:45 AM EST Reads: 1,129
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Feb. 22, 2017 08:30 AM EST Reads: 832
Stratoscale, the software company developing the next generation data center operating system, exhibited at SYS-CON's 18th International Cloud Expo®, which took place at the Javits Center in New York City, NY, in June 2016.Stratoscale is revolutionizing the data center with a zero-to-cloud-in-minutes solution. With Stratoscale’s hardware-agnostic, Software Defined Data Center (SDDC) solution to store everything, run anything and scale everywhere, IT is empowered to take control of their data ce...
Feb. 22, 2017 08:30 AM EST Reads: 848
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
Feb. 22, 2017 08:15 AM EST Reads: 4,654
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
Feb. 22, 2017 08:00 AM EST Reads: 668
What are the new priorities for the connected business? First: businesses need to think differently about the types of connections they will need to make – these span well beyond the traditional app to app into more modern forms of integration including SaaS integrations, mobile integrations, APIs, device integration and Big Data integration. It’s important these are unified together vs. doing them all piecemeal. Second, these types of connections need to be simple to design, adapt and configure...
Feb. 22, 2017 07:00 AM EST Reads: 2,934
To manage complex web services with lots of calls to the cloud, many businesses have invested in Application Performance Management (APM) and Network Performance Management (NPM) tools. Together APM and NPM tools are essential aids in improving a business's infrastructure required to support an effective web experience... but they are missing a critical component - Internet visibility.
Feb. 22, 2017 06:45 AM EST Reads: 1,621
Both SaaS vendors and SaaS buyers are going “all-in” to hyperscale IaaS platforms such as AWS, which is disrupting the SaaS value proposition. Why should the enterprise SaaS consumer pay for the SaaS service if their data is resident in adjacent AWS S3 buckets? If both SaaS sellers and buyers are using the same cloud tools, automation and pay-per-transaction model offered by IaaS platforms, then why not host the “shrink-wrapped” software in the customers’ cloud? Further, serverless computing, cl...
Feb. 22, 2017 06:00 AM EST Reads: 1,833
Microservices are a very exciting architectural approach that many organizations are looking to as a way to accelerate innovation. Microservices promise to allow teams to move away from monolithic "ball of mud" systems, but the reality is that, in the vast majority of organizations, different projects and technologies will continue to be developed at different speeds. How to handle the dependencies between these disparate systems with different iteration cycles? Consider the "canoncial problem" ...
Feb. 22, 2017 06:00 AM EST Reads: 5,263