TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,200 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener:
http://www.thestreet.com/k/qr/flat/stock-screener.html
Upgrades: AEG, ARNC, ISTR
Downgrades: BORN, CHS, FSIC, SEV, VFC
Initiations: None
Read on to get TheStreet Quant Ratings' detailed report:
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,300 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below.
If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener:
http://www.thestreet.com/k/qr/flat/stock-screener.html
Upgrades: ASH, BORN, BX, CR, DDS, EEI, GIGM, HDS, NSAT, SHO, SLF, UNTD, URBN, VPG, WB
Downgrades: EFOI, RMTI
Initiations: MOMO
Read on to get TheStreet Quant Ratings' detailed report:
China New Borun (BORN) soars after the Chinese producer and distributor of corn-based edible alcohol reported a surge in net income in its fourth-quarter results. The company noted a 41% year-over-year increase in net income to $5 million. Basic and diluted earnings per American Depositary Share were 19 cents. Each ADS represents one of the company's ordinary shares. Total revenue increased 30.7% year over year to $107.9 million, while gross profit increased 44.3% to $12.9 million. For the first quarter of the fiscal year 2014, China New Borun expects revenue in the range of $82 million to $86.9 million, a year-over-year increase of approximately 11% to 18%.
TheStreet Ratings released initial ratings on 10 U.S. common stocks in July. Two of these stocks start out at 'sell' and eight earned a recommendation of 'hold' from our stock model.
The SEC crackdown on Chinese 'reverse mergers' comes as no surprise to many investors who have witnessed numerous irregularities or accusations of fraud in 2010.
SeaCube Container and Pacific Biosciences are among the IPOs debuting this week, and there are reasons investors may want to steer clear of both offerings.