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

Huron Consulting Group Announces Fourth Quarter And Full Year 2012 Financial Results

Stocks in this article: HURN

Statements in this press release, including the information incorporated by reference herein, that are not historical in nature, including those concerning the Company’s current expectations about its future requirements and needs, are “forward-looking” statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by words such as “may,” “should,” “expects,” “provides,” “anticipates,” “assumes,” “can,” “meets,” “could,” “intends,” “might,” “predicts,” “seeks,” “would,” “believes,” “estimates,” “plans” or “continues.” These forward-looking statements reflect our current expectation about our future requirements and needs, results, levels of activity, performance, or achievements, including, without limitation, the current expectations with respect to, among other factors, utilization rates, billing rates, and the number of revenue-generating professionals; that we are able to expand our service offerings; that we successfully integrate the businesses we acquire; and that existing market conditions continue to trend upward. These statements involve known and unknown risks, uncertainties and other factors, including, among others, those described under “Item 1A. Risk Factors,” in our forthcoming Annual Report on Form 10-K for the year ended December 31, 2012, that may cause actual results, levels of activity, performance or achievements to be materially different from any anticipated results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. We disclaim any obligation to update or revise any forward-looking statements as a result of new information, or future events, or for any other reason.

       
 
 
HURON CONSULTING GROUP INC.
CONSOLIDATED STATEMENTS OF EARNINGS
(In thousands, except per share amounts)
(Unaudited)
 

Three Months Ended December 31,

Twelve Months Ended December 31,

2012   2011   2012   2011
Revenues and reimbursable expenses:
Revenues $ 180,765 $ 163,044 $ 625,961 $ 606,314
Reimbursable expenses   13,944     13,300     55,764     51,580  
Total revenues and reimbursable expenses 194,709 176,344 681,725 657,894

Direct costs and reimbursable expenses (exclusive of depreciation and amortization shown in operating expenses):

Direct costs 106,942 104,012 384,884 376,084
Intangible assets amortization 738 1,253 3,809 5,364
Reimbursable expenses   13,964     13,287     55,772     51,673  
Total direct costs and reimbursable expenses   121,644     118,552     444,465     433,121  
Operating expenses:
Selling, general and administrative 32,829 31,069 125,266 119,325
Restructuring charges 751 2,450 4,004 3,829
Restatement related expenses - 709 1,785 4,579
Litigation settlements, net - - 1,150 1,096
Depreciation and amortization 4,944 4,935 18,529 18,524
Goodwill impairment charges   -     -     13,083     21,973  
Total operating expenses   38,524     39,163     163,817     169,326  
Operating income 34,541 18,629 73,443 55,447
Other income (expense), net:
Interest expense, net of interest income (2,030 ) (2,390 ) (8,223 ) (12,259 )
Other income (expense), net   122     454     428     (78 )
Total other expense, net   (1,908 )   (1,936 )   (7,795 )   (12,337 )
Income from continuing operations before income tax expense 32,633 16,693 65,648 43,110
Income tax expense   13,988     8,902     29,695     21,629  
Net income from continuing operations 18,645 7,791 35,953 21,481

(Loss) income from discontinued operations (including loss on disposal of $1.9 million during the three and twelve months ended December 31, 2011), net of tax

  (43 )   (1,286 )   475     (962 )
Net income $ 18,602   $ 6,505   $ 36,428   $ 20,519  
 
Net earnings per basic share:
Net income from continuing operations $ 0.85 $ 0.36 $ 1.64 $ 1.01
Income (loss) from discontinued operations, net of tax $ -   $ (0.06 ) $ 0.02   $ (0.05 )
Net income $ 0.85   $ 0.30   $ 1.66   $ 0.96  
 
Net earnings per diluted share:
Net income from continuing operations $ 0.83 $ 0.35 $ 1.61 $ 0.99
Income (loss) from discontinued operations, net of tax $ -   $ (0.06 ) $ 0.02   $ (0.04 )
Net income $ 0.83   $ 0.29   $ 1.63   $ 0.95  
 
Weighted average shares used in calculating earnings (loss) per share:
Basic 21,976 21,620 21,905 21,324
Diluted 22,399 22,094 22,285 21,676
 
 
 
HURON CONSULTING GROUP INC.
CONSOLIDATED BALANCE SHEETS
(In thousands, except share and per share amounts)
(Unaudited)
   

December 31, 2012

December 31, 2011

Assets
Current assets:
Cash and cash equivalents $ 25,162 $ 5,080
Receivables from clients, net 97,206 107,820
Unbilled services, net 47,286 49,056
Income tax receivable 192 19,501
Deferred income taxes, net 14,751 12,531
Prepaid expenses and other current assets 15,525 14,191
Current assets of discontinued operations 250 3,345
Total current assets 200,372 211,524
Property and equipment, net 33,805 31,176
Other non-current assets 15,272 14,892
Intangible assets, net 18,879 16,867
Goodwill 519,522 512,185
Total assets $ 787,850 $ 786,644
 
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable $ 8,432 $ 8,084
Accrued expenses 17,692 22,505
Accrued payroll and related benefits 61,672 66,464
Accrued consideration for business acquisitions, current portion 5,640 35,062
Income tax payable 7,872 101
Deferred revenues 15,388 36,721
Current liabilities of discontinued operations 29 765
Total current liabilities 116,725 169,702
Non-current liabilities:
Deferred compensation and other liabilities 6,973 7,856
Bank borrowings 192,500 193,500
Deferred lease incentives 6,936 6,670
Deferred income taxes 14,510 12,078
Accrued consideration for business acquisitions, net of current portion 4,885 -
Non-current liabilities of discontinued operations - 49
Total non-current liabilities 225,804 220,153
 
Commitments and Contingencies
 
Stockholders’ equity

Common stock; $0.01 par value; 500,000,000 shares authorized; 24,793,327 and 24,208,549 shares issued at December 31, 2012 and December 31, 2011, respectively

240 234

Treasury stock, at cost, 1,880,809 and 1,642,018 shares at December 31, 2012 and December 31, 2011, respectively

(83,715) (75,735)
Additional paid-in capital 420,825 400,597
Retained earnings 109,330 72,902
Accumulated other comprehensive loss (1,359) (1,209)
Total stockholders’ equity 445,321 396,789
Total liabilities and stockholders’ equity $ 787,850 $ 786,644
 
 
 
HURON CONSULTING GROUP INC.
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(Unaudited)
 
  Year Ended December 31,
2012   2011
Cash flows from operating activities:
Net income $ 36,428 $ 20,519
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization 25,251 24,717
Share-based compensation 15,651 19,388
Allowances for doubtful accounts and unbilled services (4,935 ) (8,392 )
Deferred income taxes (521 ) 29,702
Loss on disposal of property and equipment - 20
Loss on sale of business - 1,860
Non-cash portion of litigation settlements - 1,096
Impairment charges on goodwill 13,083 23,900
Changes in operating assets and liabilities, net of businesses acquired:
Decrease (increase) in receivables from clients 19,713 (21,055 )
Decrease (increase) in unbilled services 4,333 (7,179 )
Decrease (increase) in current income tax receivable / payable, net 27,078 (15,244 )
Decrease in other assets 2,615 4,296
Decrease in accounts payable and accrued liabilities (7,001 ) (4,602 )
(Decrease) increase in accrued payroll and related benefits (5,676 ) 20,909
(Decrease) increase in deferred revenues   (20,430 )   18,682  
Net cash provided by operating activities   105,589     108,617  
 
Cash flows from investing activities:
Purchases of property and equipment, net (20,746 ) (13,939 )
Net investment in life insurance policies (600 ) (434 )
Purchases of businesses, net of cash acquired (55,223 ) (24,905 )
Capitalization of internally developed software (895 ) -
Sales of businesses   -     788  
Net cash used in investing activities   (77,464 )   (38,490 )
 
Cash flows from financing activities:
Proceeds from exercise of stock options 276 219
Shares redeemed for employee tax withholdings (4,438 ) (4,521 )
Tax benefit from share-based compensation 1,585 1,094
Proceeds from borrowings under credit facility 273,000 282,301
Repayments on credit facility (274,000 ) (348,500 )
Payments for debt issue costs (2,482 ) -
Payments of capital lease obligations (12 ) (62 )
Deferred acquisition payments   (2,000 )   (2,000 )
Net cash used in financing activities   (8,071 )   (71,469 )
 
Effect of exchange rate changes on cash 28 75
 
Net increase (decrease) in cash and cash equivalents 20,082 (1,267 )
Cash and cash equivalents at beginning of the period (*)   5,080     6,347  
Cash and cash equivalents at end of the period $ 25,162   $ 5,080  
 

____________________________

(*) Cash and cash equivalents presented herein includes $0.1 million of cash and cash equivalents classified as discontinued operations as of December 31, 2010.
 
 
 

HURON CONSULTING GROUP INC.

SEGMENT OPERATING RESULTS AND OTHER OPERATING DATA

(Unaudited)

   

Three Months Ended December 31,

Percent Increase (Decrease)

Segment and Consolidated Operating Results (in thousands):   2012   2011  
Health and Education Consulting (1) :  
Revenues $ 124,092 $ 103,800 19.5 %
Operating income $ 51,004 $ 34,838 46.4 %
Segment operating income as a percent of segment revenues 41.1 % 33.6 %
Legal Consulting:
Revenues $ 51,475 $ 51,565 (0.2 %)
Operating income $ 10,828 $ 11,210 (3.4 %)
Segment operating income as a percent of segment revenues 21.0 % 21.7 %
Financial Consulting (1) :
Revenues $ 5,198 $ 7,679 (32.3 %)
Operating income $ 229 $ 1,366 (83.2 %)
Segment operating income as a percent of segment revenues 4.4 % 17.8 %
Total Company:
Revenues $ 180,765 $ 163,044 10.9 %
Reimbursable expenses   13,944     13,300   4.8 %
Total revenues and reimbursable expenses $ 194,709   $ 176,344   10.4 %
 
Statement of Earnings reconciliation:
Segment operating income $ 62,061 $ 47,414 30.9 %
Charges not allocated at the segment level:
Other selling, general and administrative expenses 22,576 23,850 (5.3 %)
Depreciation and amortization expense   4,944     4,935   0.2 %
Total operating income 34,541 18,629 85.4 %
Other expense, net   1,908     1,936   (1.4 %)
Income from continuing operations before income tax expense $ 32,633   $ 16,693   95.5 %
 
Other Operating Data:            
Number of full-time billable consultants (at period end) (2) :
Health and Education Consulting (1) 1,216 1,046 16.3 %
Legal Consulting 139 113 23.0 %
Financial Consulting (1)   62     73   (15.1 %)
Total 1,417 1,232 15.0 %
Average number of full-time billable consultants (for the period) (2) :
Health and Education Consulting (1) 1,217 1,045
Legal Consulting 136 111
Financial Consulting (1)   64     74  
Total 1,417 1,230
Full-time billable consultant utilization rate (3) :
Health and Education Consulting (1) 78.7 % 75.8 %
Legal Consulting 63.7 % 68.1 %
Financial Consulting (1) 59.9 % 66.7 %
Total 76.4 % 74.6 %
 
 
 

HURON CONSULTING GROUP INC.

SEGMENT OPERATING RESULTS AND OTHER OPERATING DATA (CONTINUED)

(Unaudited)

 

Three Months Ended December 31,

Other Operating Data:   2012   2011
Full-time billable consultant average billing rate per hour (4) :  
Health and Education Consulting (1) $ 253 $ 257
Legal Consulting $ 220 $ 248
Financial Consulting (1) $ 291 $ 334
Total $ 251 $ 260
Revenue per full-time billable consultant (in thousands):
Health and Education Consulting (1) $ 90 $ 88
Legal Consulting $ 60 $ 73
Financial Consulting (1) $ 80 $ 98
Total $ 87 $ 87
Average number of full-time equivalents (for the period) (5) :
Health and Education Consulting (1) 153 160
Legal Consulting 1,298 1,192
Financial Consulting (1)   1   2
Total 1,452 1,354
Revenue per full-time equivalents (in thousands):
Health and Education Consulting (1) $ 93 $ 79
Legal Consulting $ 33 $ 36
Financial Consulting (1) $ 52 $ 181
Total $ 40 $ 41
 
 
 

HURON CONSULTING GROUP INC.

SEGMENT OPERATING RESULTS AND OTHER OPERATING DATA

(Unaudited)

   

Twelve Months Ended December 31,

Percent Increase (Decrease)

Segment and Consolidated Operating Results (in thousands):   2012   2011  
Health and Education Consulting (1) :  
Revenues $ 419,024 $ 399,048 5.0 %
Operating income $ 146,862 $ 132,824 10.6 %
Segment operating income as a percent of segment revenues 35.0 % 33.3 %
Legal Consulting:
Revenues $ 184,918 $ 172,355 7.3 %
Operating income $ 44,317 $ 43,213 2.6 %
Segment operating income as a percent of segment revenues 24.0 % 25.1 %
Financial Consulting (1) :
Revenues $ 22,019 $ 34,911 (36.9 %)
Operating income $ 1,888 $ 9,928 (81.0 %)
Segment operating income as a percent of segment revenues 8.6 % 28.4 %
Total Company:
Revenues $ 625,961 $ 606,314 3.2 %
Reimbursable expenses   55,764     51,580   8.1 %
Total revenues and reimbursable expenses $ 681,725   $ 657,894   3.6 %
 
Statement of Earnings reconciliation:
Segment operating income $ 193,067 $ 185,965 3.8 %
Charges not allocated at the segment level:
Other selling, general and administrative expenses 88,012 90,021 (2.2 %)
Depreciation and amortization expense 18,529 18,524

0.0

%

Goodwill impairment charge (6)   13,083     21,973   (40.5 %)
Total operating income 73,443 55,447 32.5 %
Other expense, net   7,795     12,337   (36.8 %)
Income from continuing operations before income tax expense $ 65,648   $ 43,110   52.3 %
 
Other Operating Data:            
Number of full-time billable consultants (at period end) (2) :
Health and Education Consulting (1) 1,216 1,046 16.3 %
Legal Consulting 139 113 23.0 %
Financial Consulting (1)   62     73   (15.1 %)
Total 1,417 1,232 15.0 %
Average number of full-time billable consultants (for the period) (2) :
Health and Education Consulting (1) 1,139 975
Legal Consulting 126 117
Financial Consulting (1)   67     75  
Total 1,332 1,167
Full-time billable consultant utilization rate (3) :
Health and Education Consulting (1) 77.7 % 77.1 %
Legal Consulting 67.4 % 60.5 %
Financial Consulting (1) 56.3 % 72.5 %
Total 75.6 % 75.3 %
 
 
 

HURON CONSULTING GROUP INC.

SEGMENT OPERATING RESULTS AND OTHER OPERATING DATA (CONTINUED)

(Unaudited)

 

Twelve Months Ended December 31,

Other Operating Data:   2012   2011
Full-time billable consultant average billing rate per hour (4) :  
Health and Education Consulting (1) $ 225 $ 247
Legal Consulting $ 240 $ 238
Financial Consulting (1) $ 302 $ 329
Total $ 229 $ 252
Revenue per full-time billable consultant (in thousands):
Health and Education Consulting (1) $ 324 $ 360
Legal Consulting $ 299 $ 247
Financial Consulting (1) $ 318 $ 448
Total $ 321 $ 354
Average number of full-time equivalents (for the period) (5) :
Health and Education Consulting (1) 144 149
Legal Consulting 1,054 1,015
Financial Consulting (1)   2   2
Total 1,200 1,166
Revenue per full-time equivalents (in thousands):
Health and Education Consulting (1) $ 351 $ 321
Legal Consulting $ 140 $ 141
Financial Consulting (1) $ 350 $ 631
Total $ 166 $ 165
 

_____________________________

(1)   Reflects the reclassification of our healthcare valuation consulting practice from our Health and Education Consulting segment to our Financial Consulting segment in conjunction with an internal reorganization during the first quarter of 2012.
(2) Consists of our full-time professionals who provide consulting services and generate revenues based on the number of hours worked.
(3) Utilization rate for our full-time billable consultants is calculated by dividing the number of hours all our full-time billable consultants worked on client assignments during a period by the total available working hours for all of these consultants during the same period, assuming a forty-hour work week, less paid holidays and vacation days.
(4) Average billing rate per hour for our full-time billable consultants is calculated by dividing revenues for a period by the number of hours worked on client assignments during the same period.
(5) Consists of consultants who work variable schedules as needed by our clients, as well as contract reviewers and other professionals who generate revenues primarily based on number of hours worked and units produced, such as pages reviewed and data processed. Also includes full-time employees who provide software support and maintenance services to our clients.
(6) The goodwill impairment charge is not allocated at the segment level because the underlying goodwill asset is reflective of our corporate investment in the segments. We do not include the impact of goodwill impairment charges in our evaluation of segment performance.
 
 
 

HURON CONSULTING GROUP INC.

RECONCILIATION OF NET INCOME FROM CONTINUING OPERATIONS TO

ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (7)

(In thousands)

(Unaudited)

   
Three Months Ended December 31,

Twelve Months Ended December 31,

2012   2011 2012   2011
Revenues $ 180,765   $ 163,044   $ 625,961   $ 606,314  
 
Net income from continuing operations $ 18,645 $ 7,791 $ 35,953 $ 21,481
Add back:
Income tax expense 13,988 8,902 29,695 21,629
Interest and other expenses 1,908 1,936 7,795 12,337
Depreciation and amortization   5,682     6,188     22,338     23,888  
Earnings before interest, taxes, depreciation and amortization (EBITDA) (7) 40,223 24,817 95,781 79,335
Add back:
Restatement related expenses 709 1,785 4,579
Restructuring charges 751 2,450 4,004 3,829
Goodwill impairment charge 13,083 21,973
Litigation settlements, net           1,150     1,096  
Adjusted EBITDA (7) $ 40,974   $ 27,976   $ 115,803   $ 110,812  
Adjusted EBITDA as a percentage of revenues (7)   22.7 %   17.2 %   18.5 %   18.3 %
 
 
 

HURON CONSULTING GROUP INC.

RECONCILIATION OF NET INCOME FROM CONTINUING OPERATIONS

TO ADJUSTED NET INCOME FROM CONTINUING OPERATIONS (7)

(In thousands)

(Unaudited)

     
Three Months Ended December 31,

Twelve Months Ended December 31,

2012 2011 2012   2011
Net income from continuing operations $ 18,645   $ 7,791  

 

$ 35,953   $ 21,481  
Weighted average shares - diluted 22,399

 

22,094

 

22,285 21,676
Diluted earnings per share from continuing operations $ 0.83  

 

$

0.35

 

 

$ 1.61   $ 0.99  
Add back:
Amortization of intangible assets 1,838 1,896

 

6,987 8,165
Restatement related expenses 709

 

1,785 4,579
Restructuring charges 751 2,450

 

4,004 3,829
Litigation settlements, net

 

1,150 1,096
Goodwill impairment charge

 

13,083 21,973
Tax effect   (1,036 )   (1,622 )

 

  (10,737 )   (15,457 )
Total adjustments, net of tax   1,553     3,433  

 

  16,272     24,185  
Adjusted net income from continuing operations (7) $ 20,198   $ 11,224  

 

$ 52,225   $ 45,666  
Adjusted diluted earnings per share from continuing operations (7) $ 0.90   $ 0.51  

 

$ 2.34   $ 2.11  
 

_____________________________

(7)

 

In evaluating the Company’s financial performance, management uses earnings before interest, taxes, depreciation and amortization (“EBITDA”), adjusted EBITDA, adjusted EBITDA as a percentage of revenues, adjusted net income from continuing operations, and adjusted diluted earnings per share from continuing operations, which are non-GAAP measures. Our management uses these non-GAAP financial measures to gain an understanding of our comparative operating performance (when comparing such results with previous periods or forecasts). These non-GAAP financial measures are used by management in their financial and operating decision-making because management believes they reflect our ongoing business in a manner that allows for meaningful period-to-period comparisons. Management also uses these non-GAAP financial measures when publicly providing our business outlook, for internal management purposes, and as a basis for evaluating potential acquisitions and dispositions. We believe that these non-GAAP financial measures provide useful information to investors and others (a) in understanding and evaluating Huron’s current operating performance and future prospects in the same manner as management does, if they so choose, (b) in comparing in a consistent manner Huron’s current financial results with Huron’s past financial results and (c) in understanding the Company’s ability to generate cash flows from operations that are available for taxes, capital expenditures, and debt repayment. Investors should recognize that these non-GAAP measures might not be comparable to similarly titled measures of other companies. These measures should be considered in addition to, and not as a substitute for or superior to, any measure of performance, cash flows or liquidity prepared in accordance with accounting principles generally accepted in the United States.

 
 
 

HURON CONSULTING GROUP INC.

RECONCILIATION OF NON-GAAP MEASURES FOR FULL YEAR 2013 OUTLOOK

 

RECONCILIATION OF NET INCOME FROM CONTINUING OPERATIONS TO

ADJUSTED EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTIZATION (8)

(In millions)

(Unaudited)

 
Year Ending December 31, 2013
Guidance Range
Low   High
Projected revenues – GAAP $ 655.0     $ 685.0  
Projected net income from continuing operations – GAAP $ 50.5   $ 55.5
Add back:
Income tax expense 38.5 42.0
Interest expense 6.0 6.0
Depreciation and amortization   23.5       23.5  
Projected earnings before interest, taxes, depreciation and amortization (EBITDA) (8) 118.5 127.0
Add back:
Restructuring charges   2.0       2.0  
Projected adjusted EBITDA (8) $ 120.5     $ 129.0  
Projected adjusted EBITDA as a percentage of projected revenues (8)   18.4 %     18.8 %
 
 
 

RECONCILIATION OF NET INCOME FROM CONTINUING OPERATIONS

TO ADJUSTED NET INCOME FROM CONTINUING OPERATIONS (8)

(In millions)

(Unaudited)

 
Year Ending December 31, 2013
Guidance Range
Low   High
Projected net income from continuing operations – GAAP $ 50.5     $ 55.5  
Projected diluted earnings per share from continuing operations – GAAP $ 2.25     $ 2.45  
Add back:  
Amortization of intangible assets 5.5 5.5
Restructuring charges 2.0 2.0
Tax effect   (3.0 )     (3.0 )
Total adjustments, net of tax 4.5 4.5
Projected adjusted net income from continuing operations (8) $ 55.0     $ 60.0  
Projected adjusted diluted earnings per share from continuing operations (8) $ 2.45     $ 2.65  
 

_____________________________

(8)

 

In evaluating the Company’s outlook, management uses projected EBITDA, projected adjusted EBITDA, projected adjusted EBITDA as a percentage of revenues, projected adjusted net income from continuing operations and projected adjusted diluted earnings per share from continuing operations, which are non-GAAP measures. Management believes that the use of such measures, as supplements to projected net income from continuing operations and projected diluted earnings per share from continuing operations and other GAAP measures, are useful indicators for investors. These useful indicators can help readers gain a meaningful understanding of the Company’s core operating results and future prospects without the effect of non-cash or other one-time items and the Company’s ability to generate cash flows from operations that are available for taxes, capital expenditures, and to repay debt. Investors should recognize that these non-GAAP measures might not be comparable to similarly titled measures of other companies. These measures should be considered in addition to, and not as a substitute for or superior to, any measure of performance, cash flows or liquidity prepared in accordance with GAAP.





5 of 6

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 16,634.20 +19.39 0.12%
S&P 500 1,942.77 +1.49 0.08%
NASDAQ 4,421.6630 +2.1850 0.05%

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