TheStreet Picks: Anadarko, Evergreen
Every day on TheStreet.com, TheStreet Picks section rounds up the best stock ideas, with a focus on the clearest bullish and bearish takes.
Here is a snapshot of several recent investment ideas on
.
TheStreet Picks
From
Cramer's 'Mad Money Recap': The Natural Gas Boom
:
Cramer has touted the growth of the
natural gas industry, going so far as calling 2008 "the year of natural gas." He especially likes
Anadarko Petroleum
(APC) - Get Report
... Cramer extended his optimism to the entire natural gas sector. With the growth rates for natural gas drillers averaging 15%, he said investors will be hard pressed to find such high growth in any other sector.
To read the full article, please click here.
From
Evergreen Solar, Ford Join Stocks Under $10 Watch List
:
As with most small-cap alternative energy plays,
Evergreen Solar's
( ESLR) this stock's fundamentals are sketchy; the company has negative profits and cash flow, but management expects to turn a profit in 2009.
To read the full article, please click here.
From
TSC Ratings' Upgrades, Downgrades: TWC:
Enbridge Energy Partners
(EEP)
, which owns and operates crude oil and liquid petroleum transportation and storage assets, has been upgraded to buy. For the first quarter, revenue rose 42% to $2.44 billion, and earnings per share grew to 99 cents from 40 cents. For 2008, the market expects an improvement in full-year EPS to $3.29 from $2.07 in 2007.
To read the full article, please click here.
From
'Fast Money' Recap: Disney Delivers
:
Oil hit $122 a barrel today
May 6.
Guy Adami said that demand for the commodity is inelastic... He also said people who want to play oil should stick with
Baker Hughes
(BHI)
,
Schlumberger
(SLB) - Get Report
and
Halliburton
(HAL) - Get Report
.
To read the full article, please click here.
For more ideas, don't miss the daily TheStreet Picks articles
.
Wall Street Watch: Earnings and M&A
In addition to bullish and bearish takes on individual stocks, TheStreet Picks is also your go-to source for the latest Wall Street news via Earnings Watch and Merger & Acquisitions. Here are two recent highlights.
From
Disney Rides Parks to Strong Showing
:
Excluding one-time items,
Disney
(DIS) - Get Report
said its profits rose 35% for the period
its second quarter to 58 cents a share compared to last year's 43 cents a share, beating the consensus estimate of 51 cents a share, according to Thomson Reuters.
To read the full article, please click here.
From
Sprint and Clearwire Strike Wireless Deal
:
Sprint Nextel
(S) - Get Report
and
Clearwire
(CLWR)
have finally reached a $14.5 billion deal that will combine their wireless broadband businesses... The new company, which will be named Clearwire, will deploy the first nationwide mobile WiMax network, considered a fourth-generation wireless technology that features fast data transfers over long distances.
To read the full article, please click here.
Other Tools and Idea Sources
On TheStreet Picks, under "Calendars," you'll find a link labeled "Conference Calls." This link will take you to
TheStreet.com's
dynamic
page of quarterly company reports
. This page includes archived Webcasts of real earnings conference calls that you can listen to at anytime. For example, to hear today's
Devon Energy
(DVN) - Get Report
call,
.
TheStreet Picks also features constantly updated lists of EPS (earnings per share) estimates, a dividend stock watch list and two highlight stories from Stockpickr.
To stay up to date on TheStreet Picks, bookmark and visit
www.thestreet.com/thestreet-picks/
.
This article was written by a staff member of TheStreet.com.