Expert healthcare company watcher Andrew Fein of H.C. Wainwright & Co. knows how the sausage is made in the stock analyst factory. And he doesn't pull any punches: In this interview with The Life Sciences Report, Fein dishes out praise for sticking to sellside fundamentals and suggests skimming off bloggers who have yet to earn their analytical chops. He rounds out the menu by naming biotech companies with the potential to rise to the top of the simmering biotech market.
The Life Sciences Report: How has the nature of biotech investing changed since you began analyzing healthcare biotech equities in 2000?
Andrew Fein: Clearly, the web as a source of "investment analytics" is a new paradigm. With so much collectively generated information available on the web, investors are forgetting to analyze individual data points, such as talking directly to physicians and medical experts. Folks who write opinionated investment blogs and emit endless Twitter streams are disproportionately influencing the movement of stocks outside of the traditional analytical Wall Street paradigm. There is always room for new and thoughtful analysis, but it is troubling when the background of the source of what is promoted as important information is unclear. And, unfortunately, hidden biases and agendas often influence the opinion of the non-traditional analyst - such as trying to pump up his or her book.
10 Best Supermarket Stocks To Buy Right Now: Firstbank Corporation(FBMI)
Firstbank Corporation, through its subsidiaries, provides commercial banking products and services. It accepts checking, savings, and time deposits. The company also provides commercial, mortgage, agricultural, real estate, real estate mortgage, real estate construction, home improvement, automobile, and consumer loans. In addition, it offers trust, security brokerage, and title insurance services, as well as armored car services. The company operates 53 branch offices in central Michigan. Firstbank Corporation was founded in 1894 and is headquartered in Alma, Michigan.
Advisors' Opinion:- [By Louis Navellier]
A great example of these small banks with big potential is Firstbank Corp. (FBMI), a $155 million market-cap stock that operates 53 branch offices in central Michigan. Firstbank provides commercial banking products and services, including traditional deposit accounts and loans tailored to meet the needs of its business customers. FBMI also offers trust, security brokerage and title insurance services, and even armored car services. This bank stock has been rated an “A” all year, and the fundamentals just keep getting better. FBMI shares remain a “strong buy” at current prices.
Top 5 Life Sciences Companies To Buy Right Now: Endeavour International Corp (END)
Endeavour International Corporation (Endeavour), incorporated on January 13, 2000, is an independent oil and gas company engaged in the exploration, development and acquisition of energy reserves in the United States and United Kingdom. The Company has three producing fields in the United Kingdom, including Alba, Bacchus and Bittern, as well as a number of development projects including Rochelle and Columbus. In the United States, the Company has production in the Haynesville and Marcellus, as well as two oil frontier plays in Colorado and Montana. As of December 31, 2012, Endeavour had proved reserves of 71,591 million cubic feet (MMcf) of natural gas and 13,739 thousands of barrels (Mbbls) of crude oil for a combined 25.7 million barrels of oil equivalent (MBOE).
The North Sea is a resource area where it has a development project, producing properties and additional exploration licenses. During 2012, Alba production volumes were impacted by water handling issues. As of December 31, 2012, it held a 30% working interest in its Bacchus field asset, which is operated by Apache Corporation, who owns a 50% working interest. In April and July 2012, it achieved production from the first and second development wells, respectively, on the Bacchus field. The Company�� working interest in the Rochelle area is 44% and it is the operator of the field, which is comprised of Blocks 15/26b, 15/26c and 15/27. Its United States activity has targeted reserve and production growth in shale gas plays, including the Louisiana Haynesville and Pennsylvania Marcellus areas.
The Company is also targeting emerging oil-prone and liquids-rich plays, including the Montana Heath oil play and its new interests in the Colorado Niobrara area. The Company operates and controls the Marcellus assets while retaining a 50% position in its remaining producing Haynesville acreage. The Company has 19 Haynesville Units which held by production with an estimated over 80 remaining gross locations to be developed, dep! ending on development well spacing. The Company has interests in approximately 88,900 net acres in the emerging Heath Shale oil play in Montana, primarily in Rosebud and Garfield Counties.
Advisors' Opinion:- [By Jon C. Ogg]
Endeavour International Corp. (NYSE: END) was downgraded to Hold from Buy at Canaccord Genuity.
Endo Health Solutions Inc. (NASDAQ: ENDP) was downgraded to Sell from an already cautious Neutral rating at Janney.
- [By Paul Ausick]
Last February independent oil & gas company Endeavour International Corp. (NYSE: END) initiated a strategic review to help it ��urther enhance shareholder value.��The company needed the help. Its size works against it. At the time of its announcement, the company�� market cap was just around $225 million.
- [By Paul Ausick]
Stocks on the Move: Alcoa Inc. (NYSE: AA) is up 9.1% at $9.38 after posting a new 52-week high of $9.63 earlier today. Endeavour International Corp. (NYSE: END) is down 14.3% at $6.05 after failing to get any appreciable results from its strategic review. E-commerce China Dangdang Inc. (NYSE: DANG) is down 13.4% at $10.05 after issuing a warning on third-quarter earnings.
Top 5 Life Sciences Companies To Buy Right Now: Jinpan International Limited(JST)
Jinpan International Limited engages in the design and manufacture of cast resin transformers for voltage distribution equipment. Its cast resin transformers allow high voltage transmissions of electricity to be distributed to various locations in lower, more usable voltages. The company provides medium voltage cast resin transformers for various end uses and applications, including industrial, infrastructure, and municipal projects, such as factories, real estate developments, airports, and subway systems. It also offers switchgears, which enable operators of a power distribution network to switch equipment in and out of the network; line reactors that limit current, filter waveforms, and attenuate electrical noise and harmonics associated with the inverter and driver output of wind powered turbines; and unit substations, which are integrated assemblies comprising high voltage switchgear, a transformer, a low voltage switchgear, a power meter, and a power factor compensat ion device interconnected with cables or buss bars. The company?s unit substations function as miniature power distribution stations and are used in applications related to the construction and maintenance of city power networks. Jinpan International sells its products in the People?s Republic of China, the United States, and Europe. The company was founded in 1993 and is headquartered in Haikou, the People's Republic of China.
Advisors' Opinion:- [By CRWE]
Jinpan International Ltd (Nasdaq:JST), a leading designer, manufacturer, and distributor of cast resin dry type transformers, recently reported that its subsidiary Hainan Jinpan Electric Co. Ltd. successfully developed a 40,000KVA / 35KV cast resin dry type power transformer. The Company has shipped the transformer to the customer’s site in China’s Anhui province for installation in a transformer substation that will deliver power to gas liquification systems.
Top 5 Life Sciences Companies To Buy Right Now: Graham Corp (GHM)
Graham Corporation (Graham), incorporated on March 7, 1983, designs, manufactures and sells critical equipment for the energy industry which includes the oil refining, petrochemical, as well as cogeneration, nuclear and alternative power markets. It design and manufacture custom-engineered ejectors, pumps, surface condensers and vacuum systems as well as supplies and components for inside the reactor vessel and outside the containment vessel of nuclear power facilities. Its equipment is also used in nuclear propulsion power systems for the defense industry and can be found in other diverse applications such as metal refining, pulp and paper processing, water heating, refrigeration, desalination, food processing, pharmaceutical, heating, ventilating and air conditioning. The Company�� two wholly owned subsidiaries include Graham Vacuum and Heat transfers Technology (Suzhou) Co., Ltd.
The Company's products are used in a range of industrial process applications, including Chemical and Petrochemical Processing, such as ethylene, methanol and nitrogen producing plants, plastics, resins and fibers plants and petrochemical intermediate plants, and Power Generation /Alternative Energy, such as propulsion systems for nuclear-powered aircraft carriers and other nuclear- powered vessels, air conditioning and water heating systems and liquefied natural gas production facilities. The Company's principal customers are in the chemical, petrochemical, petroleum refining and power generating industries, and are users of the Company's products in their manufacturing, refining and power generation processes, large engineering companies that build installations for companies in such industries, and/or the original equipment manufacturers, who combine its products with their equipment prior to its sale to end users.
The Company competes with Gardner Denver, Inc., GEA Wiegand GmbH, Edwards, Ltd, Korting Hannover AG, Croll Reynolds Company, Inc, Schutte Koerting, Gardner Denver, Inc, DongHwa En! tec Co., Ltd, Hangzhou Turbine Equipment Co., Chem Process Systems, Mazda (India), Oeltechnik GmbH, KEMCO, Holtec, Thermal Engineering International, SPX Heat Transfer, Chem Process Systems, Mazda (India)., Ambassador, Alfa Laval AB, APV, Xylem, Dubose, Consolidated, Tioga, Nova, Joseph Oats and Energy & Process.
Advisors' Opinion:- [By Rick Munarriz]
Friday
The market is typically quiet on Friday, but don't tell that to Graham (NYSEMKT: GHM ) . The maker of custom-engineered ejectors, pumps, condensers, vacuum systems, and heat exchangers reports on Friday morning. Analysts see profitability almost quadrupling to $0.31 a share, and revenue soaring 48%.
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