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WSCM WALL STREET CONSENSUS MONITOR
Tracking ideas from top market publications and analysts.
http://www.WallStreetConsensusMonitor.com
The Wall Street Consensus Monitor tracks scores of well established investment newsletters selecting the newsletters that have been the most successful during the last few definable market intervals. The periods examined are long enough so that the newsletters would have to outperform its peers during different market climates, up to and including the current market phase. The current buy recommendations issued by these successful newsletters are then monitored to find consensus among the opinions of dozens of advisors. This data is then parsed into useful tables that give both a comprehensive and accessible view of the consensus that exists among these top performing stock newsletters. In addition to this core information, news briefs concerning analysts' comments and actions, and a wider view of the universe of buy recommendations of the top consensus stocks are provided. This results in the finished product, an erudition of the concurrence of agreement within the collected judgment of the top performing newsletters.
For more information, subscription information, details about the sources monitored, and explanations about the content of the sections of the Wall Street Consensus Monitor, please visit our website at: http://www.WallStreetConsensusMonitor.com
The Wall Street Consensus monitor is completely independent from any newsletter monitored or referenced. Compensation is never received for anything appearing in the Wall Street Consensus Monitor. Past performance is not indicative of future results. All publication names are trademarks of the respective publications. The Wall Street Consensus Monitor publishes general news and data. The Wall Street Consensus Monitor does not provide individual investment advice. The information published is not to be considered solely as a recommendation to buy or sell certain stocks and is provided as an information resource to help investors make their own investment decisions. The counsel of an investment professional concerning an individual's specific situation should be sought before making any investment. The information presented in the Wall Street consensus Monitor has been obtained by sources deemed to be reliable. However, absolute accuracy and completeness cannot be guaranteed.
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©BACM Equities Research 1996-2010
WALL STREET CONSENSUS MONITOR
February 15, 2010
CONTENTS
ROSTER OF TOP PERFORMING NEWSLETTERS
ADDITIONS TO TOP CONSENSUS BUY RECOMMENDATIONS
DELETIONS FROM TOP CONSENSUS BUY RECOMMENDATIONS
INCREASES IN NUMBER OF RECOMMENDATIONS
DECREASES IN NUMBER OF RECOMMENDATIONS
TOP CONSENSUS BUY RECOMMENDATIONS
CONCURRENT CONSENSUS RECOMMENDATION BY NEWSLETTER
ADDITIONAL NEWSLETTER LISTINGS AND RESEARCH RATINGS OF HIGHEST CONSENSUS STOCKS
NEWS BRIEFS
NEWSLETTER CONTACT INFORMATION
ROSTER OF TOP PERFORMING NEWSLETTERS
Aden Forecast Cabot China & Emerging Markets Report Closed-End Country Fund Report Forbes Special Situation Survey Global Investing Good Fortune Fidelity Advisor International Harry Schultz Letter InvesTech Research Portfolio Strategy Investment Reporter Jack Adamo's Insiders PLUS Motley Fool Stock Advisor Nate's Notes National Investor Outstanding Investments Oxford Club Professional Timing Service Roger Conrad's Utility Forecaster Ruff Times Sound Advice Successful Investor
CONSENSUS TABLE CHANGES ADDITIONS TO TOP CONSENSUS BUY RECOMMENDATIONS NONE APPLICABLE DELETIONS FROM TOP CONSENSUS BUY RECOMMENDATIONS NONE APPLICABLE INCREASES IN NUMBER OF RECOMMENDATIONS NONE APPLICABLE DECREASES IN NUMBER OF RECOMMENDATIONS NONE APPLICABLE
TOP CONSENSUS BUY RECOMMENDATIONS 4 Buy Recommendations (AEM) Agnico-Eagle Mines Ltd. (GG) Goldcorp Inc. (GLD) SPDR Gold Trust ETF (IAG) Iamgold Corp. (MSFT) Microsoft Corp. (SLW) Silver Wheaton Corp. 3 Buy Recommendations (ABX) Barrick Gold Corp. (AU) AngloGold Ashanti Ltd (AUY) Yamana Gold Inc. (BNS) Bank of Nova Scotia (CCJ) Cameco Corp. (CNI) Canadian National Railway Company (CNR:CA) (DEO) Diageo PLC Distillers & Vintners (DIS) Walt Disney Company (ECA) EnCana Corp. (RBY) Rubicon Minerals Corp. (RYJUX) Rydex Inverse Gov Long Bond Strategy Inv 2 Buy Recommendations (AAPL) Apple Inc. (AFL) AFLAC Inc. (AMZN) Amazon.com Inc. (ATW) Atwood Oceanics Inc. (BCE) BCE Inc. (BGEIX) American Century Global Gold Inv (BMO) Bank of Montreal (BRK.B) Berkshire Hathaway Inc. (BVN) Compania de Minas Buenaventura S.A.A. (CAE) CAE Inc. (CEE) Central European Equity Fund (CEF) Central Fund of Canada LTD (CM) Canadian Imperial Bank of Commerce (CMCSA) Comcast Corp. Class A (CP) Canadian Pacific Railway (CVE) Cenovus Energy Inc. (EMF) Templeton Emerging Markets Fund (EPD) Enterprise Products Partners L.P (ERTS) Electronic Arts Inc. (FAX) Aberdeen Asia-Pacific Income Fund Inc. (FCX) Freeport-McMoRan (FDX) FedEx Corp. (GDX) Market Vectors Gold Miners ETF (GFI) Gold Fields Ltd (HAL) Halliburton Co.
(HQL) H&Q Life Sciences Investors (HL) Hecla Mining Co. (IAU) iShares COMEX Gold Trust (ILMN) Illumina Inc. (IMO) Imperial Oil Limited (ITC) ITC Holdings Corp (JNJ) Johnson & Johnson (KGC) Kinross Gold Corporation (LUK) Leucadia National Corp. (MCK) McKesson Corporation (NG) NovaGold Resources Inc. (NS) NuStar Energy LP (NVDA) NVIDIA Corp. (PAAS) Pan American Silver Corp. (PBR) Petroleo Brasileiro SA (PEP) PepsiCo Inc. (POT) Potash Corporation of Saskatchewan (QID) ProShares UltraShort QQQ (RGLD) Royal Gold Inc. (RY) Royal Bank of Canada (RYURX) Rydex Inverse S&P 500 Strategy Inv (SCHW) Charles Schwab Corp. (SE) Spectra Energy Corp. (SLB) Schlumberger Ltd (SO) Southern Company (SSRI) Silver Standard Resources Inc. (SU) Suncor Energy Inc. (TCK) Teck Resources Ltd (TD) Toronto-Dominion Bank (TEF) Telefonica SA (TEVA) Teva Pharmaceutical Industries Ltd. (TRI) Thomson Reuters Corp. (UNH) UnitedHealth Group Inc. (UUP) PowerShares DB US Dollar Index Bullish (WY) Weyerhaeuser Co.
CONCURRENT CONSENSUS RECOMMENDATION BY NEWSLETTER Aden Forecast, The (CEF) Central Fund of Canada LTD (EMF) Templeton Emerging Markets Fund (FCX) Freeport-McMoRan (GDX) Market Vectors Gold Miners ETF (GLD) SPDR Gold Trust ETF (IAG) Iamgold Corp. (IAU) iShares COMEX Gold Trust (SLW) Silver Wheaton Corp. (SU) Suncor Energy Inc. Cabot China & Emerging Markets Report None Applicable Closed-End Country Fund Report (CEE) Central European Equity Fund Forbes Special Situation Survey None Applicable Global Investing (BCE) BCE Inc. (BNS) Bank of Nova Scotia (CCJ) Cameco Corp. (CEE) Central European Equity Fund (DEO) Diageo PLC Distillers & Vintners (GFI) Gold Fields Ltd (GLD) SPDR Gold Trust ETF (IAG) Iamgold Corp. (IAU) iShares COMEX Gold Trust (SLB) Schlumberger Ltd (TEF) Telefonica SA (TEVA) Teva Pharmaceutical Industries Ltd. (FAX) Aberdeen Asia-Pacific Income Fund Inc.
Good Fortune (RYJUX) Rydex Inverse Gov Long Bond Strategy Inv (RYURX) Rydex Inver S&P 500 Strategy Inv (UUP) PowerShares DB US Dollar Index Bullish International Harry Schultz Letter, The (AEM) Agnico-Eagle Mines Ltd. (ATW) Atwood Oceanics Inc. (GG) Goldcorp Inc. (RGLD) Royal Gold Inc. (RBY) Rubicon Minerals Corp. InvesTech Research Portfolio Strategy (AFL) AFLAC Inc. (DEO) Diageo PLC Distillers & Vintners (MSFT) Microsoft Corp. (PEP) PepsiCo Inc. (SCHW) Charles Schwab Corp. Investment Reporter, The (ABX) Barrick Gold Corp. (BMO) Bank of Montreal (BNS) Bank of Nova Scotia (CAE) CAE Inc. (CM) Canadian Imperial Bank of Commerce (CNI) Canadian National Railway Company (CNR:CA) (CP) Canadian Pacific Railway (CVE) Cenovus Energy Inc. (DIS) Walt Disney Company (ECA) EnCana Corp. (IMO) Imperial Oil Limited (JNJ) Johnson & Johnson (MSFT) Microsoft Corp. (PEP) PepsiCo Inc. (POT) Potash Corporation of Saskatchewan (RY) Royal Bank of Canada (TCK) Teck Resources Ltd (TD) Toronto-Dominion Bank (TRI) Thomson Reuters Corp. (WY) Weyerhaeuser Co.
Jack Adamo's Insiders PLUS (AEM) Agnico-Eagle Mines Ltd. (BVN) Compania de Minas Buenaventura S.A.A. (EPD) Enterprise Products Partners L.P (GDX) Market Vectors Gold Miners ETF (MSFT) Microsoft Corp. (NS) NuStar Energy LP (PAAS) Pan American Silver Corp. (SLW) Silver Wheaton Corp. (SO) Southern Company (TEVA) Teva Pharmaceutical Industries Ltd. Motley Fool Stock Advisor (AAPL) Apple Inc. (AFL) AFLAC Inc. (AMZN) Amazon.com Inc. (ATW) Atwood Oceanics Inc. (BRK.B) Berkshire Hathaway Inc. (CNI) Canadian National Railway Company (CNR:CA) (DIS) Walt Disney Company (ERTS) Electronic Arts Inc. (ILMN) Illumina Inc. (ITC) ITC Holdings Corp (LUK) Leucadia National Corp. (MCK) McKesson Corporation (NVDA) NVIDIA Corp. (SCHW) Charles Schwab Corp. (UNH) UnitedHealth Group Inc. Nate's Notes (AAPL) Apple Inc. (DIS) Walt Disney Company (ERTS) Electronic Arts Inc. (GLD) SPDR Gold Trust ETF (HQL) H&Q Life Sciences Investors (ILMN) Illumina Inc. (NVDA) NVIDIA Corp. (QID) ProShares UltraShort QQQ National Investor, The (QID) ProShares UltraShort QQQ (UUP) PowerShares DB US Dollar Index Bullish
Outstanding Investments (ABX) Barrick Gold Corp. (AEM) Agnico-Eagle Mines Ltd. (AU) AngloGold Ashanti Ltd (AUY) Yamana Gold Inc. (BGEIX) American Century Global Gold Inv (CCJ) Cameco Corp. (ECA) EnCana Corp. (GG) Goldcorp Inc. (GLD) SPDR Gold Trust ETF (HAL) Halliburton Co. (HL) Hecla Mining Co. (IAG) Iamgold Corp. (KGC) Kinross Gold Corporation (NG) NovaGold Resources Inc. (PBR) Petroleo Brasileiro SA (SE) Spectra Energy Corp. (SSRI) Silver Standard Resources Inc. (SU) Suncor Energy Inc. (WY) Weyerhaeuser Co. Oxford Club, The (AMZN) Amazon.com Inc. (AU) AnloGold Ashanti Ltd (BRK.B) Berkshire Hathaway Inc. (DEO) Diageo PLC Distillers & Vintners (EMF) Templeton Emerging Markets Fund (ITC) ITC Holdings Corp (MCK) McKesson Corporation (PBR) Petroleo Brasileiro SA (FAX) Aberdeen Asia-Pacific Income Fund Inc. Professional Timing Service (AUY) Yamana Gold Inc. (GG) Goldcorp Inc. (RGLD) Royal Gold Inc. (RBY) Rubicon Minerals Corp. (RYJUX) Rydex Inverse Gov Long Bond Strategy Inv (SLW) Silver Wheaton Corp. Roger Conrad's Utility Forecaster (CMCSA) Comcast Corp. Class A (EPD) Enterprise Products Partners L.P (NS) NuStar Energy LP (SE) Spectra Energy Corp.
(SO) Southern Company (TEF) Telefonica SA Ruff Times, The (ABX) Barrick Gold Corp. (AEM) Agnico-Eagle Mines Ltd. (AU) AngloGold Ashanti Ltd (AUY) Yamana Gold Inc. (BGEIX) American Century Global Gold Inv (BVN) Compania de Minas Buenaventura S.A.A. (CCJ) Cameco Corp. (CEF) Central Fund of Canada LTD (FCX) Freeport-McMoRan (GFI) Gold Fields Ltd (GG) Goldcorp Inc. (HAL) Halliburton Co. (HL) Hecla Mining Co. (IAG) Iamgold Corp. (KGC) Kinross Gold Corporation (NG) NovaGold Resources Inc. (PAAS) Pan American Silver Corp. (RBY) Rubicon Minerals Corp. (RYJUX) Rydex Inverse Gov Long Bond Strategy Inv (RYURX) Rydex Inverse S&P 500 Strategy Inv (SLB) Schlumberger Ltd (SLW) Silver Wheaton Corp. (SSRI) Silver Standard Resources Inc. Sound Advice (CMCSA) Comcast Corp. Class A (HQL) H&Q Life Sciences Investors (JNJ) Johnson & Johnson (LUK) Leucadia National Corp. (MSFT) Microsoft Corp. (UNH) UnitedHealth Group Inc. Successful Investor, The (BMO) Bank of Montreal (BNS) Bank of Nova Scotia (CAE) CAE Inc. (CM) Canadian Imperial Bank of Commerce (CNI) Canadian National Railway Company (CNR:CA) (CP) Canadian Pacific Railway (CVE) Cenovus Energy Inc. (ECA) EnCana Corp.
(IMO) Imperial Oil Limited (POT) Potash Corporation of Saskatchewan (RY) Royal Bank of Canada (TCK) Teck Resources Ltd (TD) Toronto-Dominion Bank (TRI) Thomson Reuters Corp.
ADDITIONAL NEWSLETTER LISTINGS AND RESEARCH RATINGS OF HIGHEST CONSENSUS STOCKS
(ABX) Barrick Gold Corp. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Dines Letter, The Investment Reporter, The Outstanding Investments Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== BMO Capital - Market Perform Canaccord Adams - Buy CIBC World Markets - Sector Perform Citigroup — Buy Credit Suisse - Neutral Dahlman Rose & Company — Hold Davenport & Company LLC - Buy Deutsche Bank — Hold HSBC Securities - Neutral Jefferies & Co — Hold JP Morgan Chase - Overweight RBC Capital Markets - Outperform Thomas Weisel - Market Weight UBS - Buy (AEM) Agnico-Eagle Mines Ltd. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Complete Investor, The International Harry Schultz Letter, The Outstanding Investments Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== Barclays Capital — Underweight CIBC World Markets -Sector Underperform Credit Suisse - Neutral Dahlman Rose — Hold HSBC Securities - Underweight Jefferies & Co — Buy JP Morgan Chase - Neutral RBC Capital Markets — Sector Perform UBS - Buy
(AU) AngloGold Ashanti Ltd STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Dines Letter, The Outstanding Investments Oxford Club, The Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== UBS - Neutral Credit Suisse - Underperform (AUY) Yamana Gold Inc. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Outstanding Investments Professional Timing Service Prudent Speculator, The Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== BMO Capital Markets - Outperform CIBC World Markets - Sector Perform Dahlman Rose - Buy Davenport & Company LLC - Buy HSBC Securities - Underweight RBC Capital Markets - Outperform (BNS) Bank of Nova Scotia STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Global Investing Investment Reporter, The Richard C. Young's Intelligence Report Successful Investor, The RESEARCH DEPARTMENT RATINGS =========================== Barclays Capital — Underweight CIBC W0rld Markets - Sector Perform RBC Capital Markets - Sector Perform
(CCJ) Cameco Corp. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Global Investing Outstanding Investments Personal Finance Richard C. Young's Intelligence Report Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== BMO Capital Markets - Market Perform Canaccord Adams - Hold CIBC W0rld Markets — Sector Perform Credit Suisse - Neutral Raymond James — Market Perform RBC Capital Markets — Outperform (CNI) Canadian National Railway Company (CNR:CA) STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Investment Reporter, The Motley Fool Stock Advisor Richard C. Young's Intelligence Report Successful Investor, The RESEARCH DEPARTMENT RATINGS =========================== BB&T Capital Markets - Buy Canaccord Adams - Buy Citigroup - Hold Credit Suisse — Neutral Dahlman Rose — Buy RBC Capital Markets — Sector Perform Stifel Nicolaus - Buy (DEO) Diageo PLC Distillers & Vintners STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Global Investing InvesTech Research Portfolio Strategy Louis Rukeyser's Wall Street Morningstar Dividend Investor Morningstar StockInvestor Motley Fool Income Investor Oxford Club, The
Richard C. Young's Intelligence Report Wall Street Stock Forecaster RESEARCH DEPARTMENT RATINGS =========================== Barclays Capital — Underweight Bernstein - Outperform Davenport & Company LLC - Neutral Deutsche Bank Securities - Hold JP Morgan Chase - Neutral UBS - Neutral (DIS) Walt Disney Company STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Investment Reporter, The Motley Fool Stock Advisor Nate's Notes Prudent Speculator, The Turnaround Letter, The Value Line Investment Survey, The RESEARCH DEPARTMENT RATINGS =========================== Argus - Hold Barclays Capital — Overweight Bernstein - Outperform Caris & Company — Above Average Credit Suisse — Outperform Davenport & Company LLC — Buy Hilliard Lyons — Long-Term Buy Janney Montgomery Scott - Neutral JP Morgan Chase - Neutral Needham — Hold Oppenheimer — Outperform Pali Research — Sell Piper Jaffray — Neutral RBC Capital Markets — Outperform Soleil Securities Group - Hold Stifel Nicolaus — Hold Wunderlich - Hold (ECA) EnCana Corp. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Inevitable Wealth
Investment Reporter, The Outstanding Investments Richard C. Young's Intelligence Report Successful Investor, The Wall Street Stock Forecaster RESEARCH DEPARTMENT RATINGS =========================== Barclays Capital — Equal Weight BMO Capital Markets - Market Perform Canaccord Adams - Buy Credit Suisse — Outperform (GG) Goldcorp Inc. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Chartist, The International Harry Schultz Letter, The Louis Navellier's Blue Chip Growth Letter Outstanding Investments Personal Finance Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== Barclays Capital — Underweight BMO Capital Markets - Outperform Canaccord Adams - Hold Credit Suisse — Outperform Dahlman Rose — Hold Deutsche Bank — Hold HSBC Securities — Neutral JP Morgan - Overweight RBC Capital Markets — Outperform UBS - Buy (GLD) SPDR Gold Trust ETF STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Aden Forecast, The All Star Fund Trader Complete Investor, The CSIN Aggressive Educated Risk Taker Global Investing Investor's Intelligence ETF Review Mark Skousen's Forecasts & Strategies
Martin Weiss' Safe Money Report Michael Murphy's New World Investor Nate's Notes Outstanding Investments Real Wealth Report Richard C. Young's Intelligence Report Sy Harding's Street Smart Report RESEARCH DEPARTMENT RATINGS =========================== Not Applicable to ETF's (IAG) Iamgold Corp. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Aden Forecast, The Global Investing Outstanding Investments Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== GARP Research — Buy RBC Capital Markets - Sector Perform UBS - Buy (MSFT) Microsoft Corp. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Blue Chip Investor, The Charlie Buck's Win Before You Buy Complete Investor, The Dow Theory Forecasts Eric Dany's Stock Prospector F.X.C. Newsletter, The InvesTech Research Portfolio Strategy Investment Reporter, The Jack Adamo's Insiders PLUS Morningstar StockInvestor Prudent Speculator, The Sound Advice Turnaround Letter, The Value Line Daily Options Survey, The Wall Street Stock Forecaster
RESEARCH DEPARTMENT RATINGS =========================== AmTech Research - Buy Argus - Hold Auriga U.S.A — Buy Barclays Capital — Equal Weight Canaccord Adams — Buy Caris & Company — Average Collins Stewart — Buy Credit Suisse — Outperform Davenport & Company LLC - Neutral FBR Capital - Market Perform Friedman Billings — Outperform Jefferies & Co — Buy McAdams Wright Ragen — Buy RBC Capital Markets — Outperform Stanford Research — Buy Thomas Weisel — Overweight UBS — Buy (RBY) Rubicon Minerals Corp. STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== International Harry Schultz Letter, The Professional Timing Service Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== N/A (RYJUX) Rydex Inverse Gov Long Bond Strategy Inv STOCK NEWSLETTERS WITH BUY RECOMMENDATIONS ========================================== Good Fortune Professional Timing Service Ruff Times, The RESEARCH DEPARTMENT RATINGS =========================== Not applicable to ETF's
NEWS BRIEFS (AAPL) Apple Inc. (2/9/2010) Needham & Company raised its price target on Apple to $280, from $235. Needham cites forecasts of stronger sales of the MAC and iPhone, and projected contribution from sales of the iPad to Apple's valuation. (ABX) Barrick Gold Corp. (2/8/2010) Deutsche Bank has initiated coverage of Barrick Gold with a rating of hold. The firm says it prefers gold companies with higher free cash flow. Deutsche Bank projected gold prices to average around $1,150 an ounce in 2010 and $1,250 in 2011. (AMZN) Amazon.com Inc. (2/8/2010) Collins Stewart raised its rating on Amazon.com to buy, and set at a price target at $150. Collins Stewart believes that after falling 15 percent from its recent highs, Amazon is at an attractive entry point. Collins Stewart cautions that higher competition remains a concern for the Kindle franchise. However, the firm says the Kindle ecosystem is much bigger than Wall Street previously thought. Collins Stewart analyst Sandeep Aggarwal has produced an estimate that Amazon will sell 3.85 million Kindles in 2010. He projects that this will amount to 2.5 billion in sales and produce a profit $650 million. In a research note Aggarwal wrote, "Though Wal-Mart and e-Bay are clearly trying to compete more effectively with Amazon for the growing E-Commerce market, Amazon, remains the gold standard with operational excellence, scale, and customer satisfaction second to none. In addition to being the biggest beneficiary of the secular adoption of E-Commerce, Amazon will continue to drive benefits from new categories in the US, expanding categories internationally, upside in FBA, and higher propensity to purchase by Prime members." (BRK.B) Berkshire Hathaway Inc. (2/8/2010) In the "Blue Chip Investor" dated 02/01/10, editor Steven Check comments on the Berkshire stock split. He points out that the split does not change the intrinsic value of Berkshire Hathaway. Nor does inclusion in the S&P 500 index have an effect on the earnings of its subsidiaries. Check points out that since Berkshire's acquisitions are done with cash; a higher share price caused by inclusion in the S&P 500
would not aid in future acquisitions. Check believes the intrinsic value of Berkshire is approximately $94 per share. (DIS) Walt Disney Company (2/8/2010) JPMorgan raised its rating on Disney to Neutral. (ECA) EnCana Corp. (2/12/2010) Canaccord Adams raised its rating on EnCana from hold to buy, and its price target from $32 to $35. Canaccord believes that key resource plays will continue to be EnCana’s growth engine and its means to maintain control over costs. In a research note, Canaccord Adams wrote, "The emerging Devonian shale resource play at Horn River is graduating to commercial development, providing visible growth for several years. The company is in a strong financial position with forecasted debt to cash flow of 1.7x and has a low cost structure." (GG) Goldcorp Inc. (2/8/2010) Deutsche Bank has initiated coverage of Goldcorp with a rating of hold. The firm says it prefers gold companies with higher free cash flow. Deutsche Bank projected gold prices to average around $1,150 an ounce in 2010 and $1,250 in 2011. (KGC) Kinross Gold Corporation (2/8/2010) Deutsche Bank has initiated coverage of Kinross Gold with a rating of buy. The firm says it prefers gold companies with higher free cash flow. Deutsche Bank projected gold prices to average around $1,150 an ounce in 2010 and $1,250 in 2011. (NVDA) NVIDIA Corp. (2/8/2010) FBR Research has reiterated a rating of market perform on NVIDIA. Its price target was raised from $16 to $17. FBR Research says that the price target is based on an 18x multiple on estimated 2010 earnings per share. Calendar 2010 pro forma EPS estimate was raised from $0.75 to $0.80. A 2011 estimate was initiated at $1.00. In a research note the firm wrote that, "While we maintain our Market Perform rating for now given increasing chipset revenue risk in 2H10 and 2011, we could look to get more constructive on shares if earnings power ramps more than expected, or if the stock moves down towards the $13, $14 level."
(2/10/2010) Oppenheimer has raised its price target on Nvidia from $20 to $24. (PBR) Petroleo Brasileiro SA (2/10/2010) Credit Suisse issued an analyst note saying that the share price of Petrobras has been damaged by misconceptions regarding it planned share sale. Credit Suisse rates Petrobras at outperform, and has a price target of $58. (2/10/2010) Standpoint Research has raised its rating on Petrobras from hold to buy. (PEP) PepsiCo Inc. (2/8/2010) Bank of America/Merrill Lynch raised its price target on PepsiCo Inc. from $67 to $69. The firm reiterated its buy rating on PepsiCo Inc. (SCHW) Charles Schwab Corp. (2/12/2010) - Charles Schwab Corp released its Monthly Market Activity Report. The company reports that for the month of January 2010, net new assets brought to the company by new and existing clients in January 2010 totaled $6.0 billion. Total client assets were $1.401 trillion as of month-end January, up 27% from January 2009 and down 2% from December 2009. (SO) Southern Company (2/8/2010) Forbes.com reports that Jack Adamo of Jack Adamo's Insiders PLUS favors Southern Company. He sees Southern as one of steadiest growing electric utilities in the United States. Adamo points to the company's dominant position in the Southern United States, a compound annual total return of 14.7% for the last 10 years, and a yield of 5.2%. Jack Adamo finds Southern Company to be a buy, up to the share price of $40. (2/8/2010) Roger S. Conrad of the Roger Conrad's Utility Forecaster, commented that the proposed fiscal year 2011 federal budget contains a $36 billion loan authority to finance the construction of nuclear power plants in the United States, which will benefit companies like Entergy Corp, SCANA Corp and Southern Company.
(SU) Suncor Energy Inc. (2/10/2010) RBC Capital lowered its rating on Suncor Energy from outperform to sector perform. (TCK) Teck Resources Ltd (2/12/2010) RBC Capital raised its rating on Teck Resources from Sector Perform to Outperform. (WY) Weyerhaeuser Co. (2/8/2010) Goldman Sachs lowered earnings estimate on Weyerhaeuser through 2011, citing higher interest expenses. The firm maintains a neutral rating and $45 price target on Weyerhaeuser. (2/8/2010) Credit Suisse raised its rating on Weyerhaeuser from underperform to neutral. Its price target was raised from $40 to $42. Its 2010 earnings estimate was raised to a loss of.40 per share, and 2011 to a profit of $1.40 per share.
NEWSLETTER CONTACT INFORMATION
Newsletter: The Aden Forecast Editors: Mary Anne and Pamela Aden Address: P.O. Box 025216 Dept SJO 874 Miami, FL 33102 Phone: 305-395-6141 Email: [email protected] Website: http://www.adenforecast.com Newsletter: Cabot China & Emerging Markets Report Editor: Paul Goodwin Address: 176 North Street P.O. Box 2049 Salem, MA 01970 Phone: 978-745-5532 E-mail: [email protected] Website: www.cabot.net Newsletter: Closed-End Country Fund Report Editor: James Libera Address: 725 15th Street NW, Suite 501 Washington, D.C., 20005 E-mail: [email protected] Newsletter: Forbes Special Situation Survey Editor: Vahan Janjigian Address: 60 Fifth Avenue New York, NY 10011
Phone: (888) 647-7302 E-mail: [email protected] Website: www.specialsituationsurvey.com Newsletter: Global Investing Editor: Vivian Lewis Address: 35 Sutton Place New York, NY 10022-2464 Phone: (212) 758-9480 E-mail: [email protected] Website: www.global-investing.com Newsletter: Good Fortune Fidelity Advisor Editor: William Ragsdale Address: P.O. Box 1500 Woodland, CA 95776-1500 Phone: (530) 867-6241 E-mail: [email protected] Website: www.fundsystem.com Newsletter: International Harry Schultz Letter Editor: Harry Schultz Address: PO Box 622 CH-1001 Lausanne, Switzerland Phone: (866) 725-3724 E-mail: [email protected] Website: www.hsletter.com Newsletter: InvesTech Research Portfolio Strategy Editor: James Stack
Address: 2472 Birch Glen Whitefish, MT 59937 Phone: (406) 862-7777 E-mail: [email protected] Website: www.investech.com Newsletter: Investment Reporter Editor: Marc Johnson Address: 133 Richmond St. West Suite 700 Toronto, M5H 3M8 Canada Phone: (800) 804-8846 E-mail: [email protected] Website: www.adviceforinvestors.com Newsletter: Jack Adamo's Insiders PLUS Editor: Jack Adamo Address: 59 Beaver Brook Rd Suite 203-B Lincoln Park, NJ 07035 Phone: (973) 202-7344 E-mail: [email protected] Website: www.jackadamo.com Newsletter: Motley Fool Stock Advisor Editor: David Gardner Address: 2000 Duke St. Alexandria, VA 22314 Phone: (888) 665-3665 E-mail: [email protected] Website: www.fooladvisor.com
Newsletter: Nate's Notes Editor: Nate Pile Address: P.O. Box 667 Healdsburg, CA 95448 Phone: (707) 433-7903 E-mail: [email protected] Website: www.natesnotes.com Newsletter: National Investor Editor: Christopher Temple Address: N5599 Tower Hill Rd. Spooner, WI 54801 E-mail: [email protected] Website: www.nationalinvestor.com Newsletter: Outstanding Investments Editor: Byron King Address: 808 St. Paul Street Baltimore, MD 21202 Phone: (888) 696-4483 E-mail: [email protected] Website: http://outstandinginvestments.agorafinancial.com/ Newsletter: Oxford Club Editor: Alexander Green Address: 105 W. Monument Street Baltimore, MD 21201 Phone: (877) 808-9785 E-mail: [email protected] Website: www.oxfordclub.com
Newsletter: Professional Timing Service Editor: Curtis Hessler Address: P.O. Box 7483 Missoula, MT 59807 Phone: (888) 891-4326 E-mail: [email protected] Website: www.protiming.com Newsletter: Roger Conrad's Utility Forecaster Editor: Roger Conrad Address: 7600A Leesburg Pike West Building, Suite 300 Falls Church, VA 22043 Phone: (800) 832-2330 E-mail: [email protected] Website: www.utilityforecaster.com Newsletter: Ruff Times Editor: Howard J. Ruff Address: P.O. Box 545 Ithaca, NY 14851 Phone: (877) 665-6818 E-mail: [email protected] Website: www.rufftimes.com Newsletter: Sound Advice Editor: Gray Emerson Cardiff Address: 939 Hartz Way Suite 210 Danville, CA 94526
Phone: (800) 825-7007 E-mail: [email protected] Website: www.soundadvice-newsletter.com Newsletter: Successful Investor Editor: Patrick McKeough Address: 6021 Yonge Street, #977 Toronto, ON, Canada, M2M 3W2 Phone: (888) 292-0296 E-mail: [email protected] Website: http://www.tsinetwork.ca/publications/the-successful-investor/
WSCM
WALL STREET CONSENSUS MONITOR
Tracking ideas from top market publications and analysts.
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