Posts Tagged ‘WMT’
iGo is Worth the Gamble
I apologize I have not been writing about specific stocks in a while. But I promise to make it up to you with this small-cap stock. It only have a market cap of 60 million but that means there’s much potential in it. The stock symbol is IGOI. The company is called iGo and they make chargers. Their website is at http://www.igoi.com.
Why do I like them?
The business is simple. They make chargers and sell them. You can read their SEC filings and you won’t find anything other than that.
They also hold lots of patents. One patent that has got a lot of news is their ability to protect against Vampire power. Check out www.vampirepowersucks.com to find out more information. Vampire power is the power that gets drained out of your devices even though they have already been recharged. This means you are wasting valuable electricity and paying higher prices because of your inefficient chargers.
They have received multiple accreditions from PC World and have won Best of CES 2010 for their green chargers. If you wish to invest in green energy, then you’ve found the company here. Think about if they were to get big companies to buy their iGo chargers. The companies would save a bunch on electricity and be “green friendly.” The government would be a proponent for that.
They also have tons of potential. To give you a little history, they used to be an OEM supplier of chargers. They actually produced chargers for other companies that would rebrand them and sell it. Targus was a major buyer of their products. Many of the new iGo chargers have similar functionality to the old Targus chargers, but with more functions and fixes. Their stock price plummetted in the past few years when their sales starting going down and Targus stopped buying their chargers. Management is doing the right thing – cut the middleman and sell it themselves.
iGo chargers are just beginning to get big. They already have some viral media out with their ‘Vampire Sucks’ videos. They also are giving iGo chargers away through shows like Bonnie Hunt. They need to continue to press social media and get the word out of their chargers. Being new to the game of selling their mechandise, if they can maintain high quality products and get those distributed, they will be a game changer in the recharger business. Exposure is a big thing going forward for them. I doubt many people have heard about this business.
Here’s one of the biggest things I see going forward: Wal-Mart. Yes, they have got accepted to Wal-mart after doing some small trial runs with them. Starting in the second half of 2010, you will see green chargers in Wal-Mart. iGo chargers are already being distributed to Radio Shack and Office Max. You can bet after it gets into Wal-Mart that other big good stores like Target will want to sell their brand.
Currently it sells for $1.73. It was at $1.68 earlier today. The stock was up at a high $2.06 this past month. I am sure the stock will be hitting new highs soon. There’s just so much reward to risk in this stock to pass this opportunity up. It has already broke the last resistance at $1.80. The next resistance would be at $3 which would give it almost a 50% gain from where it’s at right now.
Disclosure: I own IGOI
Stock Market Update on Apparel Retail Stocks Gainers (WMT, GPS, LTD)
(EMAILWIRE.COM, March 17, 2010 ) Dallas, Tx – Wal-Mart Stores, Inc. (NYSE:WMT) went up 1.10% to $56.03 on 18.46 million shares. The company said it will open its financial services arm called Money Centers in 500 stores in 2010. The MoneyCenters offer services such as check cashing, bill payment and money transfers.
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The Gap Inc. (NYSE:GPS) added 1% to $23.30 on 7.21 million shares. The stock hit an intraday high and an intraday low of $23.30 and $23.01 respectively. In the last six months the stock went up over 6%. The Gap, Inc. is a global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies under the Gap, Old Navy, Banana Republic, Piperlime and Athleta brands.
Limited Brands, Inc. (NYSE:LTD) advanced 4.22% to $24.71 on 8.79 million shares. The stock hit an intraday high and an intraday low of $24.85 and $23.99 respectively. In the last six months the stock went up over 49%. Limited Brands, Inc. is a specialty retailer of women’s intimate and other apparel, beauty and personal care products and accessories under various trade names. The Company sells its merchandise through the retail stores in the United States and Canada, which are primarily mall-based, and through its Websites and catalogues.
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Tagged as: bankruptcy, Equity, financial news, financial services arm, limited brands inc, stock market, stock market investments, stocks
Stock Market Update on Apparel Retail Stocks Gainers (WMT, GPS, LTD)
Markel – The Next Warren Buffett Stock
For people looking for similar to Berkshire Hathaway, I suggest Markel (MKL). It’s like a little baby Berkshire with a stock price in the three digit range. Actually when you purchase this stock you are purchasing Berkshire Hathaway since the fund invests heavily on good stocks. The CEO follows the value investing theories of Warren Buffett and Benjamin Graham. The price is at $353 which is close to the 5-year low. At this price, it is a definite bargain and it won’t be there for too long.
What does Markel do? They are a insurance company, but they do ‘niche’ insurance. You won’t find them providing insurance for automobiles or health care. They insure weird stuff like derby horses, commercial buildings against disasters (hurricanes, earthquakes), high-value motorcycles, personal watercraft, airplanes, and even energy-producing activities.
If you look at the stock price, you’ll notice a huge drop in 2008. There was the immediate effect of wall street that brought the price down. In addition, there was the losses from insuring the buildings covered against the Hurricane Ike and Gustav. However, it still managed to pull off a profit for 2009. The secret sauce is lots of the company is just like Berkshire. They invest in other companies.
Tom Gayner, Chief Information Officer, follows the Warren Buffet philosophy. He looks for companies that are long-term profitable, high return on equity, and a low stock price. About $1.3 billion of the company consists of a large portfolio of big name stocks – 3M Co. (MMM), Abbott Laboratories (ABT), Campbell Soup Co. (CPB), The Walt Disney Co. (DIS), General Electric Co. (GE), International Business Machines Corp. (IBM), PepsiCo Inc. (PEP), The Procter & Gamble Co. (PG), and Wal-Mart Stores Inc. (WMT). Markel’s largest holding is probably Berkshire Hathaway (898 Class A shares valued at about $91 million and 31,418 Class B shares, worth about $106 million). With a market cap is $3.46 billion, their stock portfolio makes up a huge source of their business.
For those that are looking to buy long-term stocks , Markel might be a good one to look at. You don’t need to do the research of individually picking the stocks. You got a financially savvy stock guru that holds billions of dollars to back up your investment. If you read their latest 4th quarter report, Gayner states that his company is ready to handle the rising inflation. He’s prepared for the future and I’m willing to bet some money to agree with that.
Prosperous Times are Ahead for 2010
Let the Carnage Pan out…
Ouch! Another eye-sore! The dow has hit a all-time low of 6,793, something not seen since 1997. I, for one, are starting to feel the fear in the market. I thought things were bad enough when we broke 10,000, but at this rate, we are hitting new lows like there is no tomorrow. There are still lots of quarterly earning reports that have to be reported, and I bet they are not looking good. I’d hold off unless you are going to get some dividend stocks and just wait it out.
I wouldn’t expect anyone to start any purchases until the DOW hits 6,500. It might be tomorrow, it might be in a month, but if you have the patience to wait it out, there will be good investments in the end. Look for big names such as Wal-Mart (WMT) or Colgate (CL) to put your money in. These names have continued to prosper during this time since their products are always necessary no matter what is happening in the economy.




