This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

ON Semiconductor, Nordson: Rating Changes

Stocks in this article: ONNN NDSN GSS

The stock: Golden Star Resources has climbed 264% this year, more than major U.S. indices. Prior to the second-quarter, the company posted nine consecutive quarterly losses. The stock doesn't pay dividends.

The model upgraded semiconductor manufacturer Standard Microsystems (SMSC) to "hold."

The numbers: The company swung to a fiscal first-quarter loss of $9.2 million, or 42 cents a share, from a profit of $4.5 million, or 20 cents a share, in the year-earlier period. Revenue declined 33% to $62 million. Its gross margin dropped from 56% to 52% and its operating margin descended into negative territory. A quick ratio of 2.1 demonstrates strong liquidity and the company holds no debt.

The stock: Standard Microsystems has risen 47% this year, outpacing major U.S. indices. The company has posted two consecutive quarterly losses. The stock doesn't pay dividends.

The model downgraded oil and gas transporter Knightsbridge Tankers (VLCCF - Get Report) to "sell."

The numbers: Second-quarter net income plummeted 78% to $3.1 million, or 18 cents a share, as revenue fell 36% to $14 million. Its gross margin decreased from 82% to 52% and its operating margin dropped from 65% to 25%. The company holds $47 million of cash, compared to $99 million of debt. A debt-to-equity ratio of 0.4 reflects a balanced capital structure.

The stock: Knightsbridge Tankers is down 7% this year, trailing major U.S. indices. The stock trades at a price-to-earnings ratio of 8, a discount to the market and oil and gas transportation peers. The company has not paid a dividend since February.

2 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

Partners Compare Online Brokers

Free Reports

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