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

Buy Ford, Trade Zynga, Sell TriQuint

Stocks in this article: F ZNGA TQNT AAPL FB YHOO CMG INTC TXN

NEW YORK ( TheStreet) -- In this third full week of earnings season it seems all the high-profile names including Apple (AAPL) and Facebook (FB) continue to garner the lion's share of Wall Street's attention, and with good reason.

Be that as it may, there are yet a few names, while not as dynamic, that present some opportunities for investors looking to cash in on the hysteria created by a surprising hit such as Yahoo's (YHOO) report or a disappointing miss as we witnessed from Chipotle (CMG).

In this article, we are going to explore the buying thesis for automotive giant Ford Motor (F - Get Report), while looking to trade Zynga (ZNGA - Get Report) and unloading shares of TriQuint (TQNT).

While there is not an exact science to these arguments, applying comparative analysis has often proven to be highly effective tool as a predictor of performance. Of course, investor psychology has a way of throwing a wrench in these forecasts. Let's dive right into it and see if you agree.

Buy Ford

I have not been exactly sure of what to expect in Ford's current quarter. I have a good suspicion the company and its stock can only propel upward from here.

Though I am making a buy recommendation at current levels ahead of its report, which is due out Wednesday, I think it is equally important to note that my bullishness is centered on a long-term holding strategy of 12 to 24 months.

Late last month the company advised its operating loss would be three times what it reported in the first quarter, or approximately $570 million. It said this was due to weakness in Europe where profitability has become a bigger challenge than initially projected. In light of this, there were subsequent reductions in earnings per share estimates from analysts, now set at 28 cents, down from previous consensus of 35 cents.

What this tells me is that if projections have only been reduced by 7 cents due to European concerns, Wall Street is still expecting a moderate to strong quarter, particularly as it relates to U.S. sales. This makes sense because, according to recent SAAR reports, the company has consistently demonstrated an ability to gain market share in the U.S.

1 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 17,191.37 -195.84 -1.13%
S&P 500 2,004.98 -24.57 -1.21%
NASDAQ 4,644.4370 -37.06 -0.79%

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