Next Monday, Halliburton (NYSE: HAL ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.
Halliburton has thrived in the U.S. energy boom, but weak energy prices have raised questions about whether production activity will decline and cause a drop in demand for oil services. Let's take an early look at what's been happening with Halliburton over the past quarter and what we're likely to see in its quarterly report.
Stats on Halliburton
10 Best Oil Service Stocks To Buy Right Now: The Connecticut Bank and Trust Company(CTBC)
The Connecticut Bank and Trust Company provides commercial banking products and services in Connecticut. It accepts various interest bearing and noninterest bearing accounts with a range of maturity date options, including commercial and retail checking accounts, money market accounts, individual retirement accounts, savings accounts, certificates of deposit, and sweep accounts. The company?s loan portfolio comprises commercial, commercial real estate, construction, consumer and installment, and residential real estate loans. It also provides cash management services; courier service; sweep and client escrow accounts; direct deposit of payroll and social security checks; online banking; CBT Surepay; wire transfers, automated clearinghouse, and electronic data interchange services; debit cards; merchant credit card processing; and automated teller machine services. In addition, the company offers third party products and services consisting of fiduciary services, investmen t management, and stock brokerage services, as well as insurance products, including commercial and personal lines, and payroll processing. It serves privately-owned businesses and individuals, including attorneys, accountants and physicians, manufacturing companies, service companies, and commercial real estate developers. The company offers its products and services through seven offices located in Hartford, Glastonbury, Vernon, Newington, Windsor, and Rocky Hill. The Connecticut Bank and Trust Company was founded in 2004 and is based in Hartford, Connecticut.
10 Best Oil Service Stocks To Buy Right Now: Majesco Entertainment Company(COOL)
Majesco Entertainment Company develops and markets video game products primarily for family oriented mass-market consumers. The company publishes video games for various interactive entertainment hardware platforms, including Nintendo?s DS, DSi, and Wii; Sony?s PlayStation 3 and PlayStation Portable; Microsoft?s Xbox 360; and personal computers. It also publishes games for various digital platforms consisting of mobile platforms comprising iPhone, iPad, and iPod Touch, as well as online platforms, including Facebook. The company sells its products primarily to retail chains, specialty retail stores, video game rental outlets, and distributors. The company was founded in 1998 and is based in Edison, New Jersey.
Advisors' Opinion:- [By Louis]
Majesco Entertainment (NASDAQ: COOL) is an innovative provider of video games for the mass market, developing a wide range of titles for Sony’s PlayStation, Microsoft’s Xbox and Nintendo’s WII systems. On June 7, COOL announced that it had signed a contract with the NBA to begin development of an original video-game basketball franchise. The stock rose an impressive 32% over the next five trading days while the broader market sold off.
However, the stock is down today after reporting weaker-than-expected second-quarter earnings last night, missing consensus earnings estimates by 2 cents. Majesco reported net revenues of $32.1 million for the second quarter ended April 30, 2011, compared with $10.9 million reported for the same period in the previous year. The company’s operating income for the second quarter was $5.3 million, compared with an operating loss of $1.6 million reported for the same period in the previous year. So treat this sell-off as a buying opportunity.
5 Best Industrial Conglomerate Stocks To Watch For 2014: Overland Storage Inc.(OVRL)
Overland Storage, Inc. provides data management and data protection solutions for primary or nearline storage, disk backup and recovery, and data management and protection worldwide. It offers Snap Server, a line of network attached storage and storage area network solutions designed for primary and secondary data accessibility and protection; and are available with backup, replication, and mirroring software in fixed capacity or highly scalable configurations. The company also provides NEO SERIES and REO SERIES of virtual tape libraries, tape backup, and archive systems designed to meet the need for data storage for long-term archiving and compliance requirements. In addition, it offers data management software, including GuardianOS, a storage-optimized platform operating system; Snap Enterprise Data Replicator, which provides multi-directional, WAN-optimized replication for Snap Server systems; and Protection OS software that offers virtualization, data protection, data management, and connectivity features for REO virtual tape library systems. It serves various industries, such as financial services, video surveillance, healthcare, retail, manufacturing, telecommunications, broadcasting, and research and development. The company markets its products through original equipment manufacturers, direct market resellers, distributors, and value-added resellers to small and medium enterprises, corporate departments, small and medium businesses multinational corporations, governmental organizations, and educational institutions. The company was formerly known as Overland Data, Inc. and changed its name to Overland Storage, Inc. in 2002. Overland Storage Inc. was founded in 1980 and is headquartered in San Diego, California.
10 Best Oil Service Stocks To Buy Right Now: Challenger Diversified Property Group(CDI.AX)
Challenger Diversified Property Group invests in office, retail, and industrial properties in Australia and France. It also engages in property development activities and invests in a car park operating business. The company is based in Sydney, Australia. Challenger Diversified Property Group operates as a subsidiary of Challenger Limited.
10 Best Oil Service Stocks To Buy Right Now: La Mancha Resource Com Npv (LMA.TO)
La Mancha Resources Inc., through its subsidiaries, engages in the mining, exploration, and production of gold properties in Africa, Australia, and Argentina. Its principal properties include the Frog�s Leg and White Foil mines located in Western Australia. The company also holds interests in the Ity gold mine located in western C么te d�Ivoire; and the Hassai mine located in northeastern Sudan. La Mancha Resources Inc. was incorporated in 1996 and is headquartered in Montreal, Canada. As of September 10, 2012, La Mancha Resources, Inc. was taken private.
10 Best Oil Service Stocks To Buy Right Now: Darling International Inc. (DAR)
Darling International Inc. provides rendering, recycling, and recovery solutions to the food industry worldwide. It operates in two segments, Rendering and Restaurant Services. The Rendering segment engages in collecting and processing animal by-products and converting these into useable oils and proteins utilized by the agricultural, leather, and oleo-chemical industries. This segment offers various products, such as meat and bone meal, and bleachable fancy tallow. The Restaurant Services segment involves in the collection of used cooking oils from food service establishments and recycling them into similar products, such as high-energy animal feed ingredients and industrial oils. This segment provides grease trap servicing; and schedules services, such as fat and bone, and used cooking oil collection, as well as trap cleaning services for contracted customers. The company primarily sells its products to producers of oleo-chemicals, soaps, pet foods, leather goods, livest ock feed, and bio-fuels through commodities brokers, company agents, and directly. It was formerly known as Darling-Delaware Company, Inc. and changed its name to Darling International Inc. in December 1993. The company was founded in 1882 and is headquartered in Irving, Texas.
10 Best Oil Service Stocks To Buy Right Now: Sterling Financial Corporation(STSA)
Sterling Financial Corporation operates as the bank holding company for Sterling Savings Bank that provides various banking products and services to individuals, small businesses, commercial organizations, and corporations in the United States. Its deposit products include transaction (checking) accounts, savings accounts, money market demand accounts, certificates of deposit, interest and non-interest bearing checking accounts, and time deposits. The company?s loan portfolio comprises commercial lending products, such as lines of credit, receivable and inventory financing, equipment loans, and term real estate financing for owner-occupied properties; multifamily residential and commercial real estate loans; one-to four-family residential loans; and consumer loans for automobiles, boats and recreational vehicles, and lines of credit for personal use. Sterling Financial Corporation also markets fixed income and equity products, mutual funds, annuities, and other financial products. As of December 31, 2010, it operated 72 branches in Washington, 67 branches in Oregon, 13 branches in California, 18 branches in Idaho, and 8 branches in Montana, as well as 169 automated teller machines. The company was founded in 1983 and is headquartered in Spokane, Washington.
10 Best Oil Service Stocks To Buy Right Now: InspireMD Inc (NSPR)
InspireMD, Inc., incorporated on February 29, 2008, is a medical device company. The Company is focusing on the development and commercialization of its stent platform technology, MGuard. MGuard provides embolic protection in stenting procedures by placing a micron mesh sleeve over a stent. Its initial products are marketed for use mainly in patients with acute coronary syndromes, notably acute myocardial infarction (heart attack) and saphenous vein graft coronary interventions (bypass surgery). The Company�� products include MGuard Coronary Plus Bio-Stable Mesh, MGuard Peripheral Plus Bio-Stable Mesh, MGuard Carotid Plus Bio-Stable Mesh and MGuard Coronary Plus Bio-Absorbable Drug-Eluting Mesh. Its initial MGuard Coronary products incorporated a stainless steel stent. The Company subsequently replaced this stainless steel platform with a more advanced cobalt-chromium based platform, which the Company refers to as the MGuard PrimeTM version of its MGuard Coronary. The Company operates in Germany through its wholly owned subsidiary InspireMD GmbH.
The Company focuses on applying its technology to develop additional products used for other vascular procedures, specifically carotid (the arteries that supply blood to the brain) and peripheral (other arteries) procedures. The MGuard stent is an embolic protection device based on a protective sleeve, which is constructed out of an ultra-thin polymer mesh and wrapped around the stent. The protective sleeve is comprised of a micron level fiber-knitted mesh, engineered in an optimal geometric configuration and designed for utmost flexibility while retaining strength characteristics of the fiber material.
MGuard - Coronary Applications
The Company�� MGuard Coronary with a bio-stable mesh and its MGuard Coronary with a drug-eluting mesh focuses on the treatment of coronary arterial disease. The Company�� first MGuard product, the MGuard Coronary with a bio-stable mesh, is comprised of its mesh sleeve wrapped around a! bare-metal stent. The bio-absorbability of MGuard Coronary with a drug eluting bio-absorbable mesh is intended to improve upon the bio-absorbability of other drug-eluting stents, in light of the wide surface area of the mesh and the small diameter of the fiber.
MGuard - Carotid Applications
The Company focuses on marketing its mesh sleeve coupled with a self-expandable stent for use in carotid-applications. Expandable stent is a stent that expands without balloon dilation pressure or need of an inflation balloon. This product is under development, although the Company has temporarily delayed its development until additional funding is secured.
MGuard - Peripheral Applications
Peripheral Artery Disease, also known as peripheral vascular disease, is characterized by the accumulation of plaque in arteries in the legs, need for amputation of affected joints or even death, when untreated. Peripheral Artery Disease is treated either by trying to clear the artery of the blockage, or by implanting a stent in the affected area to push the blockage out of the way of normal blood flow.
The Company competes with Abbott Laboratories, Boston Scientific Corporation, Johnson & Johnson, Medtronic, Inc., The Sorin Group, Xtent, Inc., Cinvention AG, OrbusNeich, Biotronik SE & Co. KG, Svelte Medical Systems, Inc., Reva Inc. and Stentys SA.
Advisors' Opinion:- [By Roberto Pedone]
InspiredMD (NSPR) is a medical device company focusing on the development and commercialization of its proprietary stent platform technology, MGuard. This stock is trading up 2.3% to $2.59 in recent trading.
Today’s Range: $2.44-$2.65
52-Week Range: $1.88-$10.16
Volume: 313,000
Three-Month Average Volume: 99,632From a technical perspective, NSPR is trending higher here right off its 50-day moving average at $2.42 with heavy upside volume. This stock has been getting heavy upside volume flows for the last few weeks, which is bullish technical action. Shares of NSPR are now quickly moving within range of triggering a major breakout trade. That trade will hit if NSPR manages to take out some near-term overhead resistance levels at $2.85 to $3 with high volume.
Traders should now look for long-biased trades in NSPR as long as it’s trending above its 50-day at $2.42 and then once it sustains a move or close above those breakout levels with volume that hits near or above 99,632 shares. If that breakout triggers soon, then NSPR will set up re-test or possibly take out its next major overhead resistance levels at $3.55 to $4.25. This stock could even tag its 200-day at $4.80 if it breaks out soon and catches some momentum buying.
10 Best Oil Service Stocks To Buy Right Now: Nib Holdings Ltd (NHF.AX)
nib holdings limited provides private health insurance services in Australia. It offers life insurance; travel insurance; and health insurance products, including individual, couples, and family health insurance. The company was founded in 1952 and is headquartered in Newcastle, Australia.
10 Best Oil Service Stocks To Buy Right Now: Overstock.com Inc.(OSTK)
Overstock.com, Inc., together with its subsidiaries, operates as an online retailer offering discount brand name, non-brand name, and closeout merchandise in the United States and internationally. The company?s merchandise include bed-and-bath goods, furniture, home decor, kitchenware, watches and jewelry, shoes, electronics and computers, sporting goods, apparel, designer accessories, home and garden products, media, music, luggage, health and beauty products, baby products, crafts and sewing products, office products, gifts and flowers, toys and hobbies, and pet products. It also operates online car listing service that allows sellers to list vehicles for sale and allows buyers to review vehicle descriptions; travel shopping site, which offers discount travel packages, flights, rental cars, and other travel-related products and services; and insurance shopping service for auto and home insurance, as well as provides books, magazines, CDs, DVDs, and video games. The comp any markets its products and services through its operating Internet websites, which include overstock.com, o.co, and o.biz. The company was formerly known as D2-Discounts Direct and changed its name to Overstock.com, Inc. in October 1999. Overstock.com, Inc. was founded in 1997 and is based in Salt Lake City, Utah.
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