Back then, I suggested that my favorite industry operator, Delta Airlines (NYSE: DAL) was poised to double and the subsequent 145% gain has led a group that has fared quite well.
Simply put, investors were ignoring the too-low price-to-earnings ratios, and instead focused on the trauma that airline stocks had induced in the past as they shifted in and out of bankruptcy. These carriers' financial position is so much stronger than in the past that AMR may well be the last industry bankruptcy we see for a very long time.
Just four months ago, I reiterated my ardor for Delta, and the carrier subsequently raised June quarter guidance in mid-June, thanks to falling jet fuel prices. But quite suddenly, Delta and its peers look a lot less enticing. This chart should tell you why.
10 Best Integrated Utility Stocks To Watch Right Now: RCM Technologies Inc.(RCMT)
RCM Technologies, Inc., together with its subsidiaries, engages in the design, development, and delivery of business and technology solutions for commercial and government sectors in North America. It operates through three segments: Information Technology (IT), Engineering, and Commercial Services. The IT segment provides enterprise business solutions, application services, infrastructure solutions, competitive advantage and productivity solutions, and life sciences solutions. The Engineering segment offers engineering and design, engineering analysis, engineer-procure-construct, configuration management, hardware/software validation and verification, quality assurance, technical writing and publications, manufacturing process planning and improvement, reliability centered maintenance, component and equipment testing, and risk management engineering services. The Commercial Services segment provides long-term and short-term staffing, executive search, and placement servic es in various fields, including rehabilitation, nursing, managed care, allied health care, health care management, and medical office support, as well as offers in-patient, outpatient, sub-acute and acute care, multilingual speech pathology, rehabilitation, geriatric, pediatric, and adult day care services to hospitals, long-term care facilities, schools, sports medicine facilities, and private practices. This segment also offers contract and temporary services, and permanent placement services for full-time and part-time personnel in various functional areas, including office, clerical, data entry, secretarial, light industrial, shipping, receiving, and general warehousing. The company offers its services to aerospace/defense, energy, financial services, life sciences, manufacturing and distribution, public sector, and technology industries. RCM Technologies, Inc. was founded in 1971 and is based in Pennsauken, New Jersey.
Advisors' Opinion:- [By CRWE]
RCM Technologies, Inc. (Nasdaq:RCMT) reported that primarily due to unexpected and extended client procedural delays in awarding certain engagements under an existing contract with a major North American utility, the Company’s second quarter revenues and operating income will fall short of its expectations.
Top 5 Low Price Stocks To Watch Right Now: Ellie Mae Inc (ELLI)
Ellie Mae, Inc., incorporated October 14, 2007, is a provider of on-demand automation solutions for the mortgage industry. The Company offers an end-to-end solution, delivered using a Software-as-a-Service model that serves as the core operating system for mortgage originators and spans customer relationship management, loan origination and business management. It also hosts the Ellie Mae Network that allows Encompass users to electronically conduct business transactions with the lenders and settlement service providers they work with to process and fund loans. The Company's offerings include range of Encompass services and the DataTrac mortgage management software system. On August 15, 2011, it completed the acquisition of Del Mar Datatrac,Inc. (DMD).
Using the Company�� network technology, it has helped connect a fragmented world of mortgage bankers, mortgage brokers, community banks, credit unions, lenders, investors and service providers, all of which are integral to the origination and funding of residential mortgages. Its Encompass360 solutions include Encompass Product & Pricing Service; Ellie Mae Total Quality Loan Program; Encompass Compliance Service; Encompass Appraisal Service; Encompass CenterWise; Encompass Commissions; Encompass TPO WebCenter and Encompass Docs Solution.
Ellie Mae�� Total Quality Loan program helps in identifying compliance, income and fraud issues early in the origination process; help protect business from loan buy-backs, and fortify workflow and uncover and correct possible issues before you close the loan.Encompass Appraisal Service, integrated inside Encompass360, is that solution helps in completing order right from the loan file in Encompass360; import complete appraisal reports directly into eFolder, and customize appraisal workflow by type of loan and control, which its users can order appraisals. Its Encompass CenterWise wraps two essential Web and electronic document solutions into one unified package. Encompass Commissions is a ! commission management solution integrated inside Encompass360 that automates the calculation, reconciliation and communication of variable pay across your organization. Hosted Encompass360 Banker Edition users can connect directly with third-party originators (TPOs) without leaving Encompass360, and have them connect back in a secure, synchronized, and easy-to-use Web-based environment. Encompass Docs Solution provides a single, integrated application incorporating both initial disclosures and closing documents.
Advisors' Opinion:- [By Simon Erickson]
Rule Breakers analyst Simon Erickson believes Ellie Mae (NYSE: ELLI ) , an innovator in the mortgage industry, could be in a perfect place to capitalize on the situation. In the video below, he presents three reasons he thinks the stock is a buy today.
- [By Roberto Pedone]
Ellie Mae (ELLI), an electronic mortgage origination network in the U.S, closed up 16% at $28 in Friday's trading session.
Friday's Volume: 2.17 million
Three-Month Average Volume: 468,756
Volume % Change: 372%Shares of ELLI skyrocketed higher on Friday after the company reported a profit and met Wall Street's expectations and beat the revenue expectation.
From a technical perspective, ELLI soared higher here right above both its 50-day moving average of $23.64 and its 200-day moving average of $23.71 with heavy upside volume. This move sent shares of ELLI into breakout territory, since the stock took out some key overhead resistance levels at $25.39 to $25.75 and then above more resistance at $26.34. This move also pushed shares of ELLI into new 52-week high territory, which is bullish technical price action. Shares of ELLI are now starting to move within range of triggering another major breakout trade. That trade will hit if ELLI manages to take out Friday's high of $28.100 and then once it clears its three-year high at $30.59 with high volume.
Traders should now look for long-biased trades in ELLI as long as it's trending above those breakout levels of $26.34 to $25.75 and then once it sustains a move or close above those breakout levels with volume that's near or above 468,756 shares. If that breakout triggers soon, then ELLI will set up to enter new 52-week- and three-year-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $35 to $40.
- [By Rick Munarriz]
Residential real estate is hot, and we saw that when Ellie Mae (NYSE: ELLI ) -- a fast-growing provider of mortgage industry solutions -- posted blowout quarterly results on Tuesday night.
- [By SA Pro Top Ideas]
Stock Movers and Great Calls
Saidal Mohmand argued Wednesday that Tellabs (TLAB) was a strong assets play on the verge of a turnaround. The stock is +5.9% since. Read article » On June 13, Stephen Lin said that Ellie Mae's (ELLI) dominant position could mean 45% upside. Shares are +30.7% since. Read article »
Alpha-Rich long and short ideas regularly move stocks and identify stocks that are about to move. Some notable recent calls subscribers had early access to:To Come Today
Don't forget to check your SA Pro dashboard later today for the latest Alpha-Rich ideas, including a REIT with strong management and many catalysts. Any thoughts to share on the latest Alpha-Rich ideas? Leave a comment here. Have a great weekend.
SA Pro Editors
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The SA Pro team is Eli Hoffmann (Editor in Chief), Rachael Granby (Editorial Product Manager), Daniel Shvartsman, Samir Patel, Michael McDonald, and Jeffrey Fischer (Senior Pro Editors). You can reach us at pro-editors@seekingalpha.com.
Top 5 Low Price Stocks To Watch Right Now: Responsys Inc.(MKTG)
Responsys, Inc. provides on-demand software and professional services primarily in North America, the Asia Pacific, and Europe. The company offers Responsys Interact suite, a software-as-a-service platform that provides marketers with a set of integrated applications to create, execute, optimize, and automate marketing campaigns in various channels, including email, mobile, social, and the Web. Its platform also leverages third-party applications and data from real-time sources allowing customers to deliver targeted content to its customers and known prospects as part of their interactive marketing campaigns. In addition, it provides professional services, such as strategic, creative, deliverability, campaign, and education services. The company offers its on-demand software and professional services to retail and consumer, travel, financial services, and technology industries through a direct sales force. Responsys, Inc. was founded in 1998 and is headquartered in San Bru no, California.
Advisors' Opinion:- [By The GeoTeam]
Our recent 2013 articles on SaaS companies Selectica (SLTC), E2open (EOPN), Responsys (MKTG), Vocus (VOCS), and ExactTarget (ET) highlighted such opportunities. The average return since the inception of our coverage currently stands at around 34% (55% at their highs).
Top 5 Low Price Stocks To Watch Right Now: KKR(KKR)
Kohlberg Kravis Roberts & Co. is a private equity and venture capital firm specializing in acquisitions, leveraged buyouts, management buyouts, and mezzanine investments in large cap companies. The firm will consider investments in all industries globally, with a focus on financial services, infrastructure, and renewable energy. It seeks a board seat in its portfolio companies. The firm holds a controlling interest in its portfolio companies after they go public. It typically holds its investment for a period of five years and more and exits through initial public offerings, secondary offerings, and sales to strategic buyers. Kohlberg Kravis Roberts & Co. was founded in 1976 and is based at New York, New York with additional offices across United States, Europe, Australia, and Asia.
Advisors' Opinion:- [By Jake L'Ecuyer]
Equities Trading UP
KKR Financial Holdings LLC (NYSE: KFN) shot up 28.47 percent to $12.14 after the company agreed to be acquired by KKR & Co (NYSE: KKR) for $2.6 billion. - [By Tim Melvin]
KKR Financial is a subsidiary of Kohlberg Kravis and Roberts (KKR) that invests in high-yield bonds, direct lending, equity investments, oil and gas royalty interests and commercial real estate. KFN also occasionally joins KKR in private equity deals. KKR Financial is structured as a publicly traded partnership and passes most of its income to shareholders.
- [By Tim Brugger]
After six years as CEO and managing director of�KKR's� (NYSE: KKR ) �Japan operations, Shusaku Minoda has been named the division's new executive chairman, the company�announced Tuesday. Succeeding Minoda as CEO and managing director of KKR Japan is Hirofumi Hirano. The appointments become effective April 15.
- [By Eric Volkman]
It's official -- Gardner Denver (NYSE: GDI ) will soon be owned by KKR (NYSE: KKR ) . The former company announced that around 97% of its shareholders assented to the buyout in an official vote.
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