This Day On The Street
Continue to site right-arrow
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!

5 Stocks With Upgrades: DVN, HTLD, LRCX, XEC, CFN

Stocks in this article: DVN HTLD LRCX XEC CFN

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Heartland Express

The trucking company reported last month fourth-quarter earnings of $17.1 million, or 20 cents a share, up from year-ago earnings of $15.4 million, or 17 cents.

"Management sounded more upbeat about TL fundamentals given a constrained fleet, a balanced supply/demand equation, and the potential for an economic recovery," Deutsche Bank analysts wrote in a Jan. 23 report. "HTLD hopes to achieve 2-3% rate growth (revenue/loaded mile, net of fuel) in 2012 and could see upside if drivers become more challenging. While the company was cautious about driver availability, HTLD does not currently plan to raise its industry-leading driver pay."

Shares of Heartland Express were upgraded to buy from hold by TheStreet Ratings.

"The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, growth in earnings per share and reasonable valuation levels," TheStreet Ratings wrote. "We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."

Heartland Express has a forward P/E of 17.22; the average for trucking companies is 15.88. For comparison, Old Dominion Freight Line (ODFL) and Werner Enterprises (WERN) both have lower forward P/Es of 14 and 13.98, respectively.

Fourteen of the 19 analysts who cover Heartland Express gave it a hold rating. Three analysts rated it a buy and two gave it a sell rating.

Heartland Express gets a B grade from TheStreet Ratings with a $16.96 price target. The stock closed at $15.05 Thursday and has increased 5.32% year to date.

Lam Research

"LRCX filed the proxy for its proposed merger with NVLS Novellus Systems yesterday after the close," Credit Suisse analysts wrote in a Feb. 1 report. "There is no change in our view that the LRCX/NVLS merger will go through, and that it is unlikely that Tokyo Electron (TEL) will come in with an higher offer for NVLS."

Shares of Lam Research, the semiconductor company, were upgraded to buy from hold by TheStreet Ratings.

Lam Research has a forward P/E of 11.46; the average for semiconductor companies is 16.93. For comparison, KLA-Tencor (KLAC) has a lower forward P/E of 10.98 and Micron Technology's (MU) is 17.63.

Fifteen of the 18 analysts who cover Lam Research rated it a buy. Two analysts gave it a hold rating and one rated it a sell.

TheStreet Ratings gives Lam Research a B- grade with a $48.22 price target. The stock closed Thursday at $42.95 and has risen 16.02% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

2 of 3

Select the service that is right for you!

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 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • 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