Wednesday, May 28, 2008

Early Morning Tidbits:

- Citigroup is somewhat cautious on American Intl (NYSE:AIG) lowering their tgt to $41 from $47 saying that despite the new funds, it is not clear that AIG's capital position is sufficient, as they believe it merely adds capital sufficiency for AIGFP without increasing former capital adequacy to the holding company. If AIG will need to funnel the funds to its subsidiaries, the rating agencies could suggest an increase in capital cushion. (Not sure it's a short here, though - NC)

- RBC Capital is upping Digital River's (NASDAQ:DRIV) tgt to $47 from $43. (Nice chart. Ugg likes it too - NC)

- Omnivision (NASDAQ:OVTI) downgraded to Perform at Opco just ahead of earnings. (Worth keeping an eye on. Ugg thinks OVTI will get killed on this d/g today. - NC)

- Kaufman is initiating a bunch of Solars today. My favourite is SunPower (NASDAQ:SPWR) as according to the firm the co is on track to double capacity in '08 while their models show SunPower exceeding revenue of FSLR in '09. Sets Buy & $120 tgt on.

5 comments:

Danson said...

Appreciate your daily view. It really helps me. Thank you.

Tricky said...

Poor calls on the day...

stockmaven said...

Tricky boy, firstly NC did not mention ANY calls, my man.. these were mere tidbits. Secondly, have you seen the shares of DRIV at all? huh?.. well, if not you may wanna take a look.
Aww, and my unsolicited advice? I think you ought to stop reading this NC blog seeing it's so "poor"...
NC, We immensly appreciate everything you do for all of us, keep up the awesome work!!!!!

RoyHobbs said...

Fantastic call on V yesterday, your views are appreciated.

The HardHead Fund said...

NC posts are a blessing. Even I don't agree will all posts I have an open mind and absorb the abundance of knowledge posted here. Keep up the GREAT WORK!

HH