Stock Tickers: BA, AMD, AMGN, INTC, MCD, NOK, QCOM, MSFT, EBAY, WDC, STX, GPS, MRVC, NTLI, DEO, TM, RIO, GOOG, YHOO, NWS
Can you cram one entire week of earnings season and news into 300 words or less? No, but here’s a shot at it.
Here were some of the key earnings last week: AMD (AMD) is losing the processor waragainst Intel (INTC). As Boeing (BA) shares have run up, this analyst might be right about the best having already been seen. McDonald’s (MCD) rapid growth over the last few years may be very hard to keep up. Amgen (AMGN) acts like a plain jane drug company. Nokia (NOK)isn’t getting the sandbagging that Motorola got; Qualcomm (QCOM)numbers really aren’t that bad but is has issues. Microsoft (MSFT) proved its nay-sayers wrong. eBay (EBAY) is trying to prove the worst for investors has been seen, and short sellers have wisened to it. Western Digital (WDC) really gave it up at down 8% on guidance; Seagate didn’t have the same issues, and came out OK.
Cramer booyah’d a few names this week: He predicted that Gap Inc. (GPS) will be acquired for $25.00 in 6 months. Cramer gave his 5 FAVORITE FOREIGN STOCKS for US investors . MRV Communications (MRVC) looks like they took Cramer’s advice and are spinning out Luminent.
More ongoing Internet issues: What could sink Google (GOOG) shares down to $350.00?It doesn’t mean it’s happening; earnings on Wednesday JAN 31 after the close. Yahoo (YHOO) may be keeping a lead in some areas, or so the data shows. Rupert Murdoch may be doing a joint venture for MySpace.com in China. Very few Americans are thinking about how the Internet is being dominated by Chinese Web companies.
Jon C. Ogg
January 27, 2007
Top Gaining Stocks
Top Losing Stocks