Hot News on ADBE, GIS, BBBY
By Yaser Anwar, CSC of Equity Investment Ideas
ADOBE SYSTEMS: Should be on the move after signing a multi-year deal with Google. Google is paying Adobe a significant amount in the deal. You have to wonder what kind of future this company has, a medium sized software company. Stock's gone from $8 to $40 over the past four years, now back down to $30. A mover over the short term, I say, so it may be good for a quick pop.
GENERAL MILLS: It should get a boost from an upbeat analyst report. The nation's Number 2 foodie is up in Europe this morning. Leonard Teitelbaum of Merrill Lynch put out a buy on GIS saying earnings should be tasty in 2007. Stock hasn't moved much over the past five years. But look at the brands: Green Giant, Wheaties, Betty Crocker, Pillsbury, Yoplait, Old El Paso. Can't beat that! I like this as a buy and hold. Interesting GIS has the same market cap as Adobe, but its P/E is about half.
BED BATH & BEYOND: Question: Beyond WHAT? The stock is under pressure. The nation's biggest home-furnishings retailer announced last night that it produced the smallest profit increase in ten years, with earnings rising a mere 1.5 percent to $100 million. Profit per share came in at 35 cents a share, less than some analysts' estimates. How much more room is there for this company to grow? It has over 800 stores. Medium expensive. I'll pass.
http://www.equityinvestmentideas.blogspot.com/
ADOBE SYSTEMS: Should be on the move after signing a multi-year deal with Google. Google is paying Adobe a significant amount in the deal. You have to wonder what kind of future this company has, a medium sized software company. Stock's gone from $8 to $40 over the past four years, now back down to $30. A mover over the short term, I say, so it may be good for a quick pop.
GENERAL MILLS: It should get a boost from an upbeat analyst report. The nation's Number 2 foodie is up in Europe this morning. Leonard Teitelbaum of Merrill Lynch put out a buy on GIS saying earnings should be tasty in 2007. Stock hasn't moved much over the past five years. But look at the brands: Green Giant, Wheaties, Betty Crocker, Pillsbury, Yoplait, Old El Paso. Can't beat that! I like this as a buy and hold. Interesting GIS has the same market cap as Adobe, but its P/E is about half.
BED BATH & BEYOND: Question: Beyond WHAT? The stock is under pressure. The nation's biggest home-furnishings retailer announced last night that it produced the smallest profit increase in ten years, with earnings rising a mere 1.5 percent to $100 million. Profit per share came in at 35 cents a share, less than some analysts' estimates. How much more room is there for this company to grow? It has over 800 stores. Medium expensive. I'll pass.
http://www.equityinvestmentideas.blogspot.com/
posted by douglas mcintyre at 12:08 PM
Subscribe
<< Home