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

Update on Nine Disaster Recovery Stocks

Stocks in this article: HDLOWLPXOCSHWSWKUSGWHRWY

USG (USG) ($26.74) is up just 0.8% since May 6 set a multiyear high at $30.97 on Feb. 13 and traded as low as $21.35 on June 24. The stock was downgraded to sell from hold later in May. The company reported a first-quarter earnings miss of 8 cents a share on April 24, earning 1 cent. On July 25 it reported a second-quarter earnings beat of 6 cents earning 23 cents a share. The sequential improvement in earnings was likely helped by the Sandy disaster recovery for this provider of building materials for home construction. The stock has rebounded to its 200-day SMA at $26.78. My semiannual value level is $25.64 with a monthly pivot at $26.23 and annual risky level at $44.11.

Whirlpool (WHR) ($137.05) gained 15.2% since May 6 and set a new multi-year high at $138.33 on Friday. The hold-rated company reported a first-quarter earnings beat of 2 cents a share on April 24, earning $1.97. On July 19 it missed second-quarter EPS estimates by 3 cents earning $2.37 a share. The maker of major home appliances seemed to have been helped by replacement demand during the recovery from the wrath of Sandy. My semiannual value level is $130.26 with a monthly pivot at $136.56.

Weyerhaeuser (WY) ($28.16) lost 9.3% since May 6 and set a new multiyear high at $33.24 on May 22. The hold rated stock then declined to $26.38 on June 24. The stock had been trading back and forth around its 200-day SMA at $29.33 since June 5. On April 26 the company reported a first-quarter earnings beat of 4 cents a share, earning 26 cents. Then on July 26 it reported a second-quarter earnings beat of 5 cents earning 35 cents a share. The harvester of timber and forest products might have been helped by Sandy relief to some degree. My semiannual value level is $24.26 with an annual pivot at $28.69 and monthly risky level at $31.18.



At the time of publication the author had no position in any of the stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Richard Suttmeier has an engineering degree from Georgia Tech and a master of science from Brooklyn Poly. He began his career in the financial services industry in 1972 trading U.S. Treasury securities in the primary dealer community. In 1981 he formed the Government Bond Department at LF Rothschild and helped establish that firm as a primary dealer in 1986. Richard began writing market research in 1984 and held positions as market strategist at firms such as Smith Barney, William R Hough, Joseph Stevens, and Rightside Advisors. He joined www.ValuEngine.com in 2008 producing newsletters covering the U.S. capital markets, and a universe of more than 7,000 stocks. Richard employs a "buy and trade" investment strategy and can be reached at RSuttmeier@Gmail.com.
4 of 4

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 17,719.00 +33.27 0.19%
S&P 500 2,052.75 +4.03 0.20%
NASDAQ 4,701.8670 +26.1550 0.56%

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