This Day On The Street
Continue to site
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

5 Investment Ideas From Wall Street: Jan. 20

4.) Tanker stocks may rise in 2012

Jonathan Chappell, transportation and shipping analyst at Evercore Partners, says that tankers stocks may have bottomed, although investors looking to buy these stocks in 2012 should still proceed with caution. "We continue to recommend the stocks of those companies with strong balance sheets and robust cash flow (and dividend) visibility... deflated stock prices couple with robust dividends have resulted in some sustainable double-digit yields that add to the total return equation," he writes in note.

Evercore's top pick for 2012 is Teekay Tankers (TNK - Get Report), a small $230 million market cap firm. "TNK has more than 50% fixed-rate coverage on its fleet through the first half of 2012, which should enable it to continue to pay strong dividend, while its fleet gains more spot exposure in the period in which we expect rates to begin to recover, potentially adding upside to the second half of 2012 and 2013 earnings per share and dividend estimates," writes the firm.

Evercore's least favorite tanker stocks is Frontline (FRO). The firm restructured itself in late 2011 to survive a bad market, a move that left it will less leverage as the economy recovers. Citigroup is expecting earnings losses in the second and third quarters.
4 of 5

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr 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

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
FRO $7.45 -1.72%
MSFT $49.94 0.14%
TNK $3.60 -2.44%
AAPL $93.24 -0.41%
FB $117.81 -0.21%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs