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Trade-Ideas: Baker Hughes (BHI) Is Today's Unusual Social Activity Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Baker Hughes ( BHI) as an unusual social activity candidate. In addition to specific proprietary factors, Trade-Ideas identified Baker Hughes as such a stock due to the following factors:

  • BHI has more that 20x the normal benchmarked social activity for this time of the day compared to its average of 4.00 mentions/day.
  • BHI has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $286.2 million.

Identifying stocks with 'Unusual Social Activity' tends to be a valuable process for traders looking to capitalize on the 'talk of the town' stocks that are basking in far more attention from the StockTwits financial community than normal. Good press? Bad press? It ultimately doesn't matter if it's good or bad if you know how to trade around the sentiment. Certain hedge funds use such data for their proprietary algorithms and it is not uncommon to see shared social sentiment play itself out in a stock's price trend.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in BHI with the Ticky from Trade-Ideas. See the FREE profile for BHI NOW at Trade-Ideas

More details on BHI:

Baker Hughes Incorporated supplies oilfield services, products, technology, and systems to the oil and natural gas industry worldwide. The stock currently has a dividend yield of 1.1%. BHI has a PE ratio of 22.6. Currently there are 14 analysts that rate Baker Hughes a buy, no analysts rate it a sell, and 13 rate it a hold.

The average volume for Baker Hughes has been 4.1 million shares per day over the past 30 days. Baker Hughes has a market cap of $24.0 billion and is part of the basic materials sector and energy industry. The stock has a beta of 1.83 and a short float of 1.8% with 1.58 days to cover. Shares are down 2% year-to-date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Baker Hughes as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and the Energy Equipment & Services industry average. The net income increased by 22.2% when compared to the same quarter one year prior, going from $279.00 million to $341.00 million.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 9.1%. Since the same quarter one year prior, revenues slightly increased by 8.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • BHI's debt-to-equity ratio is very low at 0.26 and is currently below that of the industry average, implying that there has been very successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.43, which illustrates the ability to avoid short-term cash problems.
  • Compared to where it was 12 months ago, this stock has enjoyed a nice rise of 26.51% which was in line with the performance of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, BHI should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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