TRI Stock of the Day (V)
June 28, 2008
The currency of life Visa Inc. (V) shot up 4.42% on an overall down day for the markets. V traded up on 3 times the average 3 month volume to close at $82.60/share. Visa was mentioned in the 5/08 investment articles page http://theresourcefulinvestor.wordpress.com/investment-ideas/. The San Fran based company e call is scheduled for July 30th and EPS is expected to come in at .48. In the previous quarter Visa beat estimates by 18% and e growth is estimated to grow at a 25% clip in 2008.
TRI Stock of the Day (RIO)
June 25, 2008
Companhia Vale Do Rio (RIO) finished the trading day up $.61/share or 1.74% to achieve a closing price of $35.67/share. CVRD is a Brazilian steel company that trades as an ADR (American Depositary Receipt) which is a foreign company that trades on one of the U.S. exchanges. Steel demand has been exploding as a result of high demand from emerging markets and should continue to remain strong. This has been one of the main reasons behind the surge in CVRD’s stock price. CVRD carries a PE of 15 and an ROE of 40.
| RIO | % Gain |
| 1 Year | 61% |
| 2 Year | 224% |
| 5 Year | 1338% |
TRI Stock of the Day (TBSI)
June 18, 2008
TBS International finished the trading day up 10.59% to close at $41.99/share after getting pounded for the last couple of weeks. Usually when the drybulk sector starts to rally the overall market starts to head higher or has been the case so far this year. TBS was mentioned in the 6/08 investment ideas page of The Resourceful Investor http://theresourcefulinvestor.wordpress.com/investment-ideas/. TBS has a Beta of 1.92 and has an ROE of 43%. The charts show TBS is 1.64% away from breaking through its 50DMA and has an RSI of 39.
TRI Stock of the Day (APA)
June 10, 2008
Apache Corporation (apa) rose 6.04% to close at $141.99/share which is 4.85% below its 52-week high. The independent energy company carries a PE of 14 compared to an industry average of 23.64 and has a 65% 08′ earnings growth rate. The stock is up a little over 30% year to date.
TRI Stock of the Day (MTL)
June 6, 2008
Ticker symbol MTL which is the Mechel Open Joint Stock Company of Russia traded up $3.80/share to $55.04/share. Mechel competes in the steel and iron industry and is the second largest producer of coking coal in Russia. This Russian specialty steel producer carries a forward PE of 13.55 which of course is based on 08′ earnings estimates which are projected to come in 85% higher than 07. The stock had a 3 for 1 split on the 20th of May which in turn makes the stock price more attractive to investors. Probably the two most attractive countries to be invested in right now are Brazil and Russia. Mechel is a great way to gain exposure to the steel industry and Russia at the same time.
| MTL | % Change |
| YTD | 70.00% |
| 1 Year | 370.00% |
| 2 Year | 650.00% |
TRI Stock of the Day (ACI)
June 3, 2008
Arch Coal, Inc. (aci) hit a new 52-week high today closing at $68.06/share up 4.85%. The St. Louis based company earnings are forecasted to increase 119% in 08′ and 83% in 09′. The stock is trading roughly 10 points above its 50DMA. Arch is up 50% year to date and continues to benefit from the rising demand for coal.