Showing posts with label Great Stocks To Buy. Show all posts
Showing posts with label Great Stocks To Buy. Show all posts

Gingrich: U.S. should reconsider gold standard

NEW YORK (CNNMoney) -- Republican presidential candidate Newt Gingrich is calling for the United States to think about returning to the gold standard.
Speaking at a foreign policy forum in South Carolina on Tuesday, Gingrich advocated a "commission on gold to look at the whole concept of how do we get back to hard money."
Gingrich, a former Speaker of the House, has spoken in favor of a "hard money" policy in the past, but these were his strongest comments to support reinstating the gold standard.
Gingrich would model his "gold commission" after one put in place after Ronald Reagan was elected, when the nation was battling double-digit inflation. But even then, the commission overwhelmingly rejected the idea of a return to the gold standard.
One of only two members of the 17-member commission to endorse a return to the gold standard was Ron Paul, one of Gingrich's rivals for the GOP nomination.
The United States first moved away from the gold standard, under which the dollar was backed by the nation's gold reserves, in 1933, and dropped it altogether in 1971. Despite support for its return by some on the political right, few mainstream economists support its reinstatement.

Local currencies: 'In the U.S. we don't trust'

Chief among the problems is that with a dollar pegged to gold, U.S. goods could become uncompetitive on the global markets compared to goods priced in euros or yen.
The return to a gold standard is a central point in the campaign of Paul, a Congressman from Texas who also advocates abolishing the Federal Reserve.
In his comments Tuesday, Gingrich also spoke sharply against the Fed, saying it should focus on keeping prices in check, dropping the dual mandate of job growth and fighting inflation.
"We need to say to the Federal Reserve: Your only job is to maintain the stability of the dollar because we want a dollar to be worth thirty years from now what it is worth now," he said. &q! uot;Hard money is a discipline. It means you can't inflate away your difficulties."
The Fed has become a major target of Republicans in the last year. Republican congressional leaders wrote to the Fed in September asking it to not take any additional steps to help spur the economy.
Other leading Republicans have echoed Gingrich's call to end the Fed's dual mandate. Texas Gov. Rick Perry, another presidential candidate, even suggested Fed Chairman Ben Bernanke might be guilty of treason if the Fed moved to buy more Treasuries in an attempt to spur greater growth. 

Saba Software Misses on Revenues but Beats on EPS

Saba Software (Nasdaq: SABA  ) reported earnings on Jan. 5. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Nov. 30 (Q2), Saba Software missed on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue improved, and earnings per share contracted.
Margins dropped across the board.
Revenue details
Saba Software chalked up revenue of $30 million. The five analysts polled by S&P Capital IQ expected a top line of $32 million. Sales were 2.8% higher than the prior-year quarter's $29 million.
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Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions.
EPS details
Non-GAAP EPS came in at -$0.10. The five earnings estimates compiled by S&P Capital IQ forecast -$0.11 per share on the same basis. GAAP EPS were -$0.16 for Q2 versus -$0.03 per share for the prior-year quarter.
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Source: S&P Capital IQ. Quarterly periods. Figures may be non-GAAP to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 62.1%, 290 basis points worse than the prior-year quarter. Operating margin was -17.6%, 1,530 basis points worse than the prior-year quarter. Net margin was -15.0%, 1,270 basis points worse than the prior-year quarter.
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Source: S&P Capital IQ. Quarterly periods.
Looking ahead
What does the future hold?
Next quarter's average e! stimate for revenue is $33 million. On the bottom line, the average EPS estimate is -$0.04.
Next year's average estimate for revenue is $131 million. The average EPS estimate is -$0.21.
Investor Sentiment
The stock has a one-star rating (out of five) at Motley Fool CAPS, with 56 members out of 75 rating the stock outperform, and 20 members rating it underperform. Among 20 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 14 give Saba Software a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Saba Software is buy, with an average price target of $11.88.
  • Add Saba Software to My Watchlist.

Top Stocks For 2012 - China Gerui Advanced Materials Group Limited recently showed an Exceptional Trade - NASDAQ:CHOP

Top Stocks For 2012 - China Gerui Advanced Materials Group Limited (NASDAQ:CHOP) witnessed volume of 1.56 million shares during last trade however it holds an average trading capacity of 170,468.00 shares. Top Stocks For 2012 - CHOP last trade opened at $2.97 reached intraday low of $1.87 and went -11.37% down to close at $2.65.
CHOP has a market capitalization $155.42 million and an enterprise value at $125.46 million. Trailing twelve months price to sales ratio of the stock was 0.63 while price to book ratio in most recent quarter was 0.69. In profitability ratios, net profit margin in past twelve months appeared at 15.00% whereas operating profit margin for the same period at 25.25%.
The company made a return on asset of 11.32% in past twelve months and return on equity of 21.29% for similar period. In the period of trailing 12 months it generated revenue amounted to $276.77 million gaining $5.55 revenue per share. Its year over year, quarterly growth of revenue was 34.40% holding 16.30% quarterly earnings growth.
According to preceding quarter balance sheet results, the company had $204.85 million cash in hand making cash per share at 3.49. The total of $174.89 million debt was there putting a total debt to equity ratio 69.02. Moreover its current ratio according to same quarter results was 1.54 and book value per share was 4.32.
Looking at the trading information, the stock price history displayed that its S&P500 52 Week Change illustrated 8.61% where the stock current price exhibited down beat from its 50 day moving average price of $3.03 and remained below from its 200 Day Moving Average price of $3.86.
CHOP holds 58.65 million outstanding shares with 29.21 million floating shares and institutions kept 5.20%.

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