This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Ratings Changes: Avista, Idacorp, Wolverine

TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

TheStreet.com Ratings' model upgraded Avista (AVA) to "buy." The company generates and distributes energy through its three subsidiaries: Avista Utilities, Energy Marketing and Resource Management and Advantage IQ.

The numbers: Fiscal first-quarter revenue fell 1.7% to $488 million as net income increased 23% to $31 million and earnings per share jumped 21% to 57 cents. Operating margin improved 161 basis points to 14% and net margin jumped 128 basis points to 6.4%. The company has a weak liquidity position, as indicated by just $36 million of reserves and a low quick ratio of 0.4. However, the cash balance has more than doubled since the year-earlier quarter. A debt-to-equity ratio of 1.14 is higher than ideal.

The stock: Avista is down 8% in 2009. The stock is cheap at a price-to-earnings ratio of 12 and offers an attractive 4.7% dividend yield.

The model upgraded Bally Technologies (BYI) to "buy." The company manufactures and distributes gaming devices and computerized monitoring and accounting systems for the gaming industry.

The numbers: Fiscal third-quarter revenue decreased 11% to $208 million as net income fell 3.3% to $29 million and earnings per share remained flat at 52 cents. Operating margin improved 222 basis points to 25% and net margin climbed 109 basis points to 14%. The company has a strong liquidity position, with $70 million of cash reserves and a quick ratio of 1.5. A debt-to-equity ratio of 0.7 indicates conservative leverage.

The stock: Bally Technologies has ascended 19% in 2009, outperforming all major U.S. indexes. The stock trades at a fair price-to-earnings ratio of 13 and doesn't pay dividends.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,960.57 -123.23 -0.72%
S&P 500 1,978.34 -9.64 -0.48%
NASDAQ 4,449.5640 -22.5440 -0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs