The earnings beat marches on, and a few major releases are pulling the Dow Jones Industrial Average (DJINDICES: ^DJI ) in opposite directions today. The blue-chip index hasn't moved far, as a few top leaders and laggards are canceling out each other's movements. As of 2:20 p.m. EDT, the Dow has shed just 12 points, or 0.08%. Let's get caught up with the big news on the Dow.
Boeing soars as consumer goods and telecom stocks fall
Despite all the drama surrounding the 787 Dreamliner's grounding, Boeing (NYSE: BA ) made the most of its first quarter in 2013 with an expectations-topping earnings release. The stock has risen 3.3% so far after Boeing reported net income of $1.44 per share, a year-over-year increase of more than 18%.
Halted Dreamliner deliveries did hit the company's revenue, which fell more than 2% compared to the year-ago quarter, but analysts and investors had expected some fallout from the grounding. Boeing did well at growing margins, particularly in its commercial airplane unit, where operating margin grew by 1.5 percentage points.
5 Best Income Stocks To Own Right Now: Beghelli Spa(BE.MI)
Beghelli S.p.A engages in the production and sale of emergency lighting equipment in the fields of energy savings. The company also offers electronic domestic, industrial, and urban safety and security systems. In addition, it provides general lighting equipment; home automation systems; and tele assistance, and urban safety and security solutions. The company was founded in 1982 and is based in Monteveglio, Italy.
5 Best Income Stocks To Own Right Now: PMC Commercial Trust(PCC)
PMC Commercial Trust operates as a real estate investment trust (REIT). It primarily originates loans to small businesses, principally in the limited service hospitality industry, collateralized by first liens on the real estate of the related business. The company has elected to be treated as a REIT under the Internal Revenue Code and would not be subject to federal income tax, provided it distributes approximately 90% of its taxable income to its shareholders. PMC Commercial Trust was founded in 1993 and is headquartered in Dallas, Texas.
Top 5 China Companies To Buy Right Now: Neuralstem Inc (CUR)
Neuralstem, Inc., incorporated in 1997, is a development-stage company focused on the development and commercialization of treatments for central nervous system disease based on transplanting human neural stems cells and the use of small molecule drugs. The Company has developed and maintains a portfolio of patents and patent applications that form base for its research and development efforts in the area of neural stem cell research. The Company's focus is the development of methods to generate replacement cells from neural stem cells.
In October of 2011, the Company announced that after reviewing safety data from the first 12 patients, the FDA granted approval for the trial to advance to transplanting patients in the cervical (upper back) region for the last six patients in the trial. As of December 31, 2011, the Company had treated 14 patients. In February of 2011, the Company commenced a Phase Ia clinical trial of its drug compound, NSI-189, which is being developed for the treatment of depressive disorder and other psychiatric indications. In October of 2011, the Company completed the Phase Ia portion of the trial. In December of 2011, the Company received approval from the FDA to commence the Phase Ib portion of the trial.
During the year ended December 31, 2011, the Company was selected as the primary subcontractor for the United States Department of Defense (DOD) contract to develop human neural stem cell technology for the treatment of cancerous brain tumors. The Company commenced work on the project in May 2011. The Company has developed and patented a series of small molecule compounds (low molecular weights organic compounds which can efficiently cross the blood/brain barrier).
Advisors' Opinion:- [By Roberto Pedone]
Another under-$10 stock that's starting to trend within range of triggering a major breakout trade isNeuralstem (CUR), which is engaged in the development and commercialization of treatments for central nervous system disease based on transplanting human neural stem cells and the use of small molecule drugs. This stock is off to a decent start in 2013, with shares up 17.4%.
If you take a look at the chart for Neuralstem, you'll notice that this stock has been uptrending strong for the last month, with shares moving higher from its low of $1 to its recent high of $1.29 a share. During that uptrend, shares of CUR have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CUR within range of triggering a major breakout trade.
Market players should now look for long-biased trades in CUR if it manages to break out above some near-term overhead resistance levels at $1.29 to $1.40 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 319,875 shares. If that breakout hits soon, then CUR will set up to re-test or possibly take out its next major overhead resistance levels at $1.57 to $1.96 a share.
Traders can look to buy CUR off weakness to anticipate that breakout and simply use a stop that sits right below its 50-day at $1.15 a share. One can also buy CUR off strength once it takes out those breakout levels with volume and then simply use a stop that sits right below $1.20 a share.
5 Best Income Stocks To Own Right Now: Brigadier Gold Limited (BRG.V)
Brigadier Gold Limited, an exploration stage company, engages in the acquisition, exploration, and development on mining properties in Canada and Argentina. It primarily explores for gold, copper, and silver, as well as other precious metals. The company�s principal property includes the Incamayo project consisting of 3,495 hectares located at the southeastern end of the Olacapata-El Toro Lineament in north western Argentina. It also holds interests in various mining claims in the Larder Lake mining division of northern Ontario, Canada; and various properties in Mozambique. Brigadier Gold Limited is headquartered in Toronto, Canada.
5 Best Income Stocks To Own Right Now: Helen of Troy Limited(HELE)
Helen of Troy Limited, together with its subsidiaries, engages in the design, development, import, marketing, and distribution of brand-name consumer products primarily in the United States and Canada, as well as in Europe, Asia, and Latin America. It operates in three segments: Personal Care, Housewares, and Healthcare/Home Environment. The Personal Care segment offers hair dryers, straighteners, curling irons, hair setters, shavers, mirrors, hot air brushes, home hair clippers and trimmers, paraffin baths, massage cushions, footbaths, body massagers, brushes, combs, hair accessories, liquid and aerosol hair styling products, men?s fragrances, men?s and women?s antiperspirants and deodorants, liquid and bar soaps, shampoos, conditioners, hair treatments, foot powder, body powder, and skin care products. The Housewares segment provides kitchen tools, cutlery, bar and wine accessories, household cleaning tools, food storage containers, tea kettles, trash cans, storage an d organization products, hand tools, gardening tools, kitchen mitts and trivets, barbeque tools, and rechargeable lighting products, as well as baby and toddler care products, including convertible high chair. The Healthcare/Home Environment segment offers humidifiers, de-humidifiers, vaporizers, thermometers, air purifiers, fans, portable heaters, heating pads, and electronic mosquito traps. The company sells its products primarily through mass merchandisers, drugstore chains, warehouse clubs, home improvement stores, catalogs, grocery stores, specialty stores, beauty supply retailers, e-commerce retailers, wholesalers, and various types of distributors, as well as directly online to end user consumers. Helen of Troy Limited was founded in 1968 and is based in Hamilton, Bermuda.
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