|
|
During the past 20 years, the author has watch China move from being a developing country into an industrial superpower
Money Moves, 5/24: Chocomize Co-Founder Fabian Kaempfer talks with Bloomberg’s Deirdre Bolton about the business of customizing chocolate
The president's campaign has a new rule—no cell phones allowed
In honor of remote control inventor Eugene Polley, we recognize other influential but neglected inventors who have felt the sting of stolen glory
Forget Adderall. Traders now pop chia seeds to stay focused and energized
The Italian automaker and others are adding hybrid technology to elite cars
The storied bridge that links San Francisco and Marin County changed the face of California
Schools cultivate ties with startups before they're big successes
Dave McClure's traveling venture capital show scours the world for promising startups
Get Four
|  | FEBRUARY 18, 2005
Shopping Tips for Consumer Stocks [Page 3 of 3] Q: Your opinion on National Beverage (FIZ )? Its CEO owns, like, 77% of the stock. A: We don't have an analyst opinion on shares of National Beverage. However, we do have a strong buy opinion on shares of PepsiCo (PEP ) and a hold opinion on shares of Coca-Cola (KO ). Q: How about beer and liquor companies? A: Among some of the beer or liquor companies, we have a buy opinion on shares of Anheuser-Busch (BUD ) and a hold opinion on shares of Molson Coors Brewing (TAP ). Q: Would you recommend Callaway Golf (ELY )? Michelson is using their golf balls and winning. A: We have a sell opinion on shares of Callaway Golf. The company reported a loss in its December quarter, which was wider than we expected. We see new product introductions helping growth and profit margins in 2005, but we're negative on the stock. Q: Anything else in sporting goods you like better? A: We have a buy opinion on shares of Brunswick (BC ). This company is a major provider of marine products. In the leisure facilities area, we have a strong buy opinion on shares of International Speedway (ISCA ), a company that promotes motor-sport activities. Q: What might be on your sell or strong sell list besides ELY? A: Stocks on which we have a strong sell opinion include shares of Superior Industries (SUP ), which is a manufacturer of motor-vehicle products, and Goodyear Tire & Rubber (GT ). Other strong sell recommendations include priceline.com (PCLN ) and Electronics Boutique Holdings (ELBO ). Q: What sours you on priceline? A: We have become increasingly negative on the Internet travel segment. We're concerned about mounting competition from online travel agencies, travel suppliers, and Internet travel search companies. We also see looming potential margin pressures, in part due to rising online and offline advertising costs. We have a 12-month target price for priceline.com of $20. Q: What are the latest trends consumers seem to be catching on to? A: As I said, we believe that consumers have become more fashion-conscious, and we believe that they continue to be quite enamored with newer digital electronic products. The success of Apple Computer's iPod demonstrates that consumers can respond quickly and enthusiastically to an attractive new product. By the way, we have a hold opinion on shares of Apple Computer (AAPL ).
 Get BusinessWeek directly on your desktop with our RSS feeds.  Add BusinessWeek news to your Web site with our headline feed. Click to buy an e-print or reprint of a BusinessWeek or BusinessWeek Online story or video. To subscribe online to BusinessWeek magazine, please click here. Learn more, go to the BusinessWeekOnline home page  | | |
 Copyright 2005, Bloomberg L.P.Terms of Use | Privacy Notice |
Printer-Friendly Version
