Rite Aid Corporation (NYSE:RAD) will release financial results for its Fiscal 2014 Fourth Quarter, which ended March 1, 2014, on Thursday, April 10, 2014. The company will hold an analyst call at 8:30 a.m. Eastern Daylight Time (5:30 a.m. Pacific Time) with remarks by Rite Aid's management team.
Wall Street anticipates that the drug store chain will earn $0.04 per share for the quarter, which is $0.09 less than last year's profit of $0.13 per share. iStock expects RAD �to top Wall Street's consensus number. The iEstimate is $0.05, a penny better than expected.
Sales, unlike earnings, are expected to inch forward, up 1.4% year-over-year (YoY). Rite Aid's consensus revenue estimate for Q4 is $6.54 billion, more than last year's $6.46 billion.
[Related -Rite Aid Corporation (RAD) Compared to Walgreen Company (WAG)]
Top 10 Asian Stocks To Own For 2015: Stewart Enterprises Inc.(STEI)
Stewart Enterprises, Inc., through its subsidiaries, provides funeral and cemetery products and services in the death care industry in the United States and Puerto Rico. The company also offers a range of funeral merchandise and services, as well as cemetery property, cremation, merchandise, and services. Its funeral homes provide various services and products, including the family consultation, removal and preparation of remains, usage of funeral home facilities for visitation, worship and funeral services, transportation services, flowers, and caskets. The company also sells cemetery property and related merchandise, which includes lots, lawn crypts, family and community mausoleums, monuments, markers, and burial vaults; and provides burial site openings and closings and inscriptions. In addition, it maintains cemetery grounds under cemetery perpetual care contracts and local laws. As of January 31, 2011, the company owned and operated 218 funeral homes and 141 cemeterie s. Stewart Enterprises, Inc. was founded in 1910 and is based in Jefferson, Louisiana.
Advisors' Opinion:- [By Chris Katje]
Service Corporation (SCI), the largest funeral home operator in the United States, made news last week with its large acquisition of Stewart Enterprises (STEI). The acquisition was well received by investors, as shares rose 8% on the day of the announcement. Together, the two companies will see huge cost savings advantages and a backlog that is currently undervalued.
- [By Brian Pacampara]
What: Shares of funeral-home operator Stewart Enterprises (NASDAQ: STEI ) soared 34% today, after larger rival Service Corp. International (NYSE: SCI ) agreed to acquire it in a deal worth about $1.4 billion.
5 Best Penny Stocks To Buy Right Now: Empresas Ica Soc Contrladora (ICA)
Empresas ICA, S.A.B. de C.V., through its subsidiaries, engages in the construction and related activities in Mexico. The company?s Civil Construction segment focuses on infrastructure projects that include the construction of roads, highways, mass transit systems, bridges, dams, hydroelectric plants, tunnels, canals, and airports; and on the construction, development, and remodeling of multi-storied urban buildings, such as office buildings, hotels, multiple-dwelling housing developments, and shopping centers. This segment also engages in demolition, clearing, excavation, de-watering, drainage, embankment fill, structural concrete construction, concrete and asphalt paving, and tunneling activities. Its Industrial Construction segment focuses on the engineering, procurement, construction, design, and commissioning of manufacturing facilities comprising power plants, chemical plants, petrochemical plants, fertilizer plants, pharmaceutical plants, steel mills, paper mills, d rilling platforms, and automobile and cement factories. Empresas ICA?s Rodio Kronsa segment engages in sub-soil construction involving the construction of tunnels, underpasses, and retaining walls. The company?s Housing Development segment engages in the development, trading, ownership, sale, assistance, operation, and administration activities. Its Infrastructure segment involves in the operation and maintenance of concessioned airports, highways, bridges and tunnels, water supply systems, and waste treatment systems. The company also provides a range of services that include feasibility studies, conceptual design, engineering, procurement, project and construction management, construction, maintenance, technical site evaluation, and other consulting services. It serves public and private sector clients. Empresas ICA, S.A.B. de C.V. was founded in 1947 and is based in Mexico.
Advisors' Opinion:- [By Roberto Pedone]
One under-$10 name that's starting to trend within range of triggering a big breakout trade is Empresas ICA SA (ICA), which is engaged in construction and related activities, including the construction of infrastructure facilities as well as industrial, urban and housing construction. This stock is off to a decent start in 2013, with shares up 11.8%.
If you take a look at the chart for Empresas ICA SA, you'll notice that this stock has been trending sideways inside of a consolidation chart pattern for the last two months, with shares moving between $7.94 on the downside and $9.73 on the upside. Shares of ICA are now starting to push back above its 50-day moving average of $8.75 a share, and the stock is quickly moving within range of triggering a big breakout trade. That trade will hit if ICA manages to take out the upper-end of its recent sideways trading chart pattern.
Traders should now look for long-biased trades in ICA if it manages to break out above some near-term overhead resistance levels at $9.34 to $9.73 a share and then once it clears its 200-day moving average at $9.94 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 527,965 shares. If that breakout triggers soon, then ICA will set up to re-test or possibly take out its next major overhead resistance levels at $11.50 to $12 a share. Any high-volume move above those levels could then put its 52-week high at $13.73 into focus for shares of ICA.
Traders can look to buy ICA off any weakness to anticipate that breakout and simply use a stop that sits right below some key near-term support levels at $8 a share, or around $7.94 a share. One can also buy ICA off strength once it clears those breakout levels with volume and then simply use a stop that sits a comfortable percentage from your entry point.
- [By Roberto Pedone]
Empresas ICA (ICA) is engaged in a range of construction and related activities, including the construction of infrastructure facilities as well as industrial, urban and housing construction. This stock closed up 6.2% to $8.12 in Tuesday's trading session.
Tuesday's Range: $7.66-$8.24
52-Week Range: $6.14-$13.73
Tuesday's Volume: 965,000
Three-Month Average Volume: 719,832From a technical perspective, ICA ripped higher here right off its 50-day moving average of $7.48 with above-average volume. This stock has been uptrending strong for the last month and change, with shares moving higher from its low of $6.14 to its intraday high of $8.24. During that move, shares of ICA have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of ICA into breakout territory, since the stock took out some near-term overhead resistance levels at $7.93 to $8.08.
Traders should now look for long-biased trades in ICA as long as it's trending above its 50-day at $7.48 and then once it sustains a move or close above Tuesday's high of $8.24 with volume that hits near or above 719,832 shares. If we get that move soon, then ICA will set up to re-test or possibly take out its next major overhead resistance levels at $9 to its 200-day moving average at $10.05. Any high-volume move above its 200-day will then put $11 to $11.77 into range for shares of ICA.
5 Best Penny Stocks To Buy Right Now: Atwood Oceanics Inc. (ATW)
Atwood Oceanics, Inc., together with its subsidiaries, engages in offshore drilling, and the completion of exploratory and developmental oil and gas wells. The company owns semisubmersible rigs, semisubmersible tender assist rigs, jack-up drilling rigs, and submersible drilling rigs. As of November 22, 2010, it operated nine mobile offshore drilling units located in offshore southeast Asia, offshore Africa, offshore Australia, offshore South America, and the Mediterranean Sea. The company was founded in 1968 and is headquartered in Houston, Texas.
Advisors' Opinion:- [By Ben Levisohn]
Shares of Transocean have dropped 0.8% to $44.10 at 10:30 a.m. today, even as Atwood Oceanics (ATW) has gained 0.8% to %51.32, Seadrill (SDRL) has risen 0.1% to $38.82 and Diamond Offshore (DO) has advanced 0.4% to $49.87.
- [By Aaron Levitt]
For investors, focusing on the stocks right in the middle could be the key to long-term outperformance and portfolio gains. Here are five midcap energy stocks to buy now:
Midcap Energy Stocks To Buy #1: Atwood Oceanics (ATW)The offshore contract drilling sector is dominated by larger firms like Transocean (RIG) and Noble (NE). However, with a market cap of just $3 billion, Atwood Oceanics (ATW) could be in the sweet spot for investors looking at midcap energy stocks.
- [By Ben Levisohn]
We do not see an immediate inflection in group sentiment but see an opportunity in getting paid to wait for a market recovery. Our favorite yield plays include [Seadrill, Seadrill Partners, and North Atlantic Drilling.] Meanwhile, we would stick to premium asset exposure ([Atwood Oceanics (ATW), Ensco (ESV), Pacific Drilling (PACD]) over lower- end fleets ([Diamond Offshore Drilling (DO), Noble (NE), Transocean (RIG)]).
5 Best Penny Stocks To Buy Right Now: PostRock Energy Corporation(PSTR)
PostRock Energy Corporation, an integrated independent energy company, engages in the acquisition, exploration, development, production, and transportation of oil and natural gas in the United States. It operates in two segments, Oil and Gas Production, and Natural Gas Pipelines. The Oil and Gas Production segment primarily focuses on the development of coal bed methane in the Cherokee basin and the Marcellus Shale in Appalachian Basin, as well as has oil properties in Central Oklahoma. As of December 31, 2009, it had approximately 51.9 billion cubic feet equivalent (Bcfe) of estimated net proved reserves; development rights to approximately 516,184 net acres; and operated approximately 2,849 gross wells in the Cherokee Basin. It also had approximately 44,507 net acres of oil and natural gas producing properties with estimated proved reserves of 18.9 Bcfe and approximately 498 gross wells in Appalachian Basin; and had 65 gross wells, development rights to approximately 1,4 80 net acres, and estimated net proved reserves, 3.9 Bcfe in Central Oklahoma. The Natural Gas Pipelines segment involves in transporting, gathering, treating, and processing natural gas. It owns and operates a natural gas gathering pipeline networks of approximately 2,173 miles in the Cherokee Basin and 183 miles in the Appalachian Basin; and a 1,120 mile interstate natural gas pipeline, which transports natural gas from northern Oklahoma and western Kansas to the metropolitan Wichita and Kansas City markets. The company is headquartered in Oklahoma City, Oklahoma.
Advisors' Opinion:- [By Eric Volkman]
LeBlanc is a veteran energy industry CFO. He has filled that role at East Resources -- now a unit of Royal Dutch Shell (NYSE: RDS-A ) -- as well as�PostRock Energy (NASDAQ: PSTR ) , and Range Resources, among others.
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