Given that you clicked on this article, it seems safe to assume you either own stock in City National Corp. (NYSE: CYN ) or are considering buying shares in the near future. If so, then you've come to the right place. The table below reveals the nine most critical numbers that investors need to know about City National stock before deciding whether to buy, sell, or hold it.
But before getting to that, a brief introduction is in order. While City National could easily be lumped together with regional banks, it more closely resembles a large community bank and trust with satellite offices in strategic cities throughout the country, including Las Vegas, New York City, Nashville, and Atlanta. Founded by a "small group of entrepreneurs in 1954," the bank is headquartered in Los Angeles and is loosely known as the banker to the stars given its past support of Frank Sinatra, Arnold Schwarzenegger, and others, and the fact that about one-fifth of its business loans are entertainment-related. Its balance sheet boasts $29 billion in assets and it oversees an additional $57 billion in assets under management or administration.
10 Best Value Stocks To Own For 2015: ParkerVision Inc.(PRKR)
Parkervision, Inc. engages in the design, development, and sale of proprietary radio frequency (RF) technologies and products for use in semiconductor circuits for wireless communication products in the United States. The company provides its wireless technologies for processing RF waveforms in wireless applications. Its technology applies to transmit and receive functions of a radio transceiver. Its transmit portion of the technology, Direct2Power, enables the transformation of a baseband data signal to an RF carrier waveform at the desired power output level in a single unified operation. The company?s receiver portion of the technology, Direct2Data, enables the direct conversion of an RF carrier to a baseband data signal. It also provides engineering consulting and design services to its customers to assist them in developing prototypes and/or products incorporating its technologies. The company licenses its intellectual property and sells integrated circuits for incor poration into wireless devices designed by its customers. It primarily focuses on incorporating its technologies into mobile handsets, as well as to other wireless products that are related to networks serving mobile handsets, such as data cards, femtocells, and machine-to-machine and embedded applications. The company?s technology is also used in non-cellular radio applications comprising military radios. In addition, Parkervision, Inc. develops wireless radio modules for mobile handset and data card applications through a joint development and marketing agreement with LG Innotek Co., Ltd. It serves mobile handset manufacturers and their chipset suppliers in the mobile handset industry. The company was founded in 1989 and is headquartered in Jacksonville, Florida.
Advisors' Opinion:- [By Roberto Pedone]
One under-$10 technology player that's quickly moving within range of triggering a major breakout trade is ParkerVision (PRKR), which designs, develops and markets its proprietary radio frequency technologies and products for use in semiconductor circuits for wireless communication products. This stock has been red hot so far in 2013, with shares up sharply by 105%.
If you take a look at the chart for ParkerVision, you'll notice that this stock has been uptrending strong for the last month, with shares soaring higher from its low of $2.38 to its recent high of $4.29 a share. During that uptrend, shares of PRKR have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed share of PRKR back above both its 50-day and 200-day moving averages. Shares of PRKR have now moved within range of triggering a major breakout trade.
Traders should now look for long-biased trades in PRKR if it manages to break out above some near-term overhead resistance at $4.29 a share with high volume. Look for a sustained move or close above that level with volume that hits near or above its three-month average volume of 2.51 million shares. If that breakout triggers soon, then PRKR will set up to re-fill some of its previous gap down zone from late October that started at $7.50 a share. Some possible upside targets if PRKR gets into that gap down zone with volume are $5 to $6 a share.
Traders can look to buy PRKR off any weakness to anticipate that breakout and simply use a stop that sits right below its 200-day moving average of $3.90 a share, or near its 50-day moving average of $3.56 a share. One can also buy PRKR off strength once it takes out $4.29 a share with volume and then simply use a stop that sits a comfortable percentage from your entry point.
Best Regional Bank Stocks To Buy Right Now: USG Corporation(USG)
USG Corporation, through its subsidiaries, engages in the manufacture and distribution of building materials worldwide. The company offers gypsum and related products, including gypsum wallboard, joint compounds used for finishing wallboard joints, cement boards, glass mat sheathing, gypsum fiber panels, poured gypsum underlayments, ultra light panels, and various construction plaster products. Its gypsum products are used in various building applications to finish the interior walls, ceilings, and floors in residential, commercial, and institutional constructions, and repair and remodel constructions. The company also produces gypsum-based products for agricultural and industrial customers to use in various applications, including soil conditioning, road repair, fireproofing, and ceramics. In addition, it manufactures ceiling grid and acoustical ceiling tile for electrical and mechanical systems, and air distribution and maintenance applications. USG Corporation distribut es its gypsum products through specialty wallboard distributors, building materials dealers, home improvement centers and other retailers, contractors, and a network of distributors. Further, it distributes other manufacturers? gypsum wallboard, joint compound and other gypsum products, as well as drywall metal, insulation, and roofing products and accessories. The company sells its products under SHEETROCK, DUROCK, FIBEROCK, SECUROCK, LEVELROCK, RED TOP, IMPERIAL, DIAMOND, SUPREMO, AURATONE, ACOUSTONE, DONN, DX, FINELINE, CENTRICITEE, CURVATURA, and COMPASSO brands. The company was founded in 1901 and is based in Chicago, Illinois.
Advisors' Opinion:- [By Seth Jayson]
USG (NYSE: USG ) reported earnings on April 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), USG missed estimates on revenues and missed estimates on earnings per share.
Best Regional Bank Stocks To Buy Right Now: Penn Virginia Corporation(PVA)
Penn Virginia Corporation, an independent oil and gas company, primarily engages in the exploration and development of natural gas and oil properties in various onshore regions of the United States. The company is involved in the production and sale of natural gas, crude oil, and natural gas liquid products. It primarily focuses on developing the Eagle Ford Shale play in south Texas; and the horizontal Granite Wash play in the Mid-Continent region. The company also drills exploratory wells in the Marcellus Shale play in Pennsylvania; and has interests in the natural gas properties in the Haynesville Shale and Cotton Valley Sands in east Texas, and Selma Chalk in Mississippi. As of December 31, 2011, it had proved natural gas and oil reserves of approximately 883 billion cubic feet of natural gas equivalent; and owned approximately 1.1 million net acres of leasehold and royalty interests. The company sells its products using short-term floating price physical and spot marke t contracts. Penn Virginia Corporation was founded in 1882 and is headquartered in Radnor, Pennsylvania.
Advisors' Opinion:- [By Ben Levisohn]
That’s what happened today to Penn Virginia (PVA), which has popped 9.7% to $10 after SunTrust Robinson Humphrey said it was a “top takeover target this year.” Oh, they also named it as a top pick, praised its “operational excellence,” and cited numerous catalysts.
- [By Sally Jones] ng>Yield: 16.40%
Up 99% over 12 months, Penn Virginia Corporation, an independent oil and gas E&P company, has a market cap of $600.69 million; its shares were traded at around $9.20. Shares trade with a P/B of 0.67.
Guru Action: As of the second quarter of 2013, George Soros holds 1,878,242 shares valued at around $8.82 million.
PVA is a new buy for Soros who last sold out in the first quarter of 2010, selling 9,700 shares at an average price of $24.89, for a loss of 63%.
In the second quarter of 2013, Soros made a gain of 108.6% on his new buy of 1,878,242 shares at an average price of $4.41.
Over his trading history, he has averaged a gain of 109% on 1,878,242 shares bought at an average price of $4.41
Track historical pricing, revenue and net income:
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Macquarie Infrastructure Company LLC (MIC)
Yield: 5.33%
Up 26% over 12 months, Macquarie Infrastructure Company LLC, an industrial distribution company, has a market cap of $2.95 billion; its shares were traded at around $55.13. Shares trade with a P/E of 641.00.
Guru Action: As of the second quarter of 2013, George Soros holds 25,000 shares valued at around $1.33 million.
In the second quarter, he reduced his position by 13.76%, selling 3,989 shares at an average price of $54.9, for a gain of 0.4%.
In six quarters he has bought 28,989 shares at an average price of $49.71, for a gain of 11%. He gained 0% selling 3,989 shares at an average price of $54.9.
Track historical pricing, revenue and net income:
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STMicroelectronics NV (STM)
Yield: 4.67%
Up 28% over 12 months, STMicroelectronics NV, a semiconductor company, has a market cap of $6.77 billion; its shares were traded at around $7.60. Shares trade with a P/B of 1.20.
Guru Action: As of the second quarter of 2013, George Soros holds 1,766,666 shares valued at around $15.88 million.
STM is a new hold
- [By Matt DiLallo]
Hunting for value
Until recently, Magnum Hunter Resources (NYSE: MHR ) boasted operations in three of the top oil and gas growth plays in the nation. While its recent sale of a bulk of its Eagle Ford acreage to Penn Virginia (NYSE: PVA ) knocks it out of that play, the company still has large positions in both the Marcellus, Utica, and Bakken. These core operations should drive the company's liquids-focused growth for years to come. - [By Ben Levisohn]
Virginia might be for lovers, but analysts love Penn Virginia (PVA).
Agence France-Presse/Getty ImagesThe independent oil & gas explorer reported earnings last week, and promptly surged 11%. Now analysts are coming out with reports about why Penn Virginia can head even higher.
Imperial Capital’s Kim Pacanovsky, for instance, raised her price target on Penn Virginia to $18 from $13 today. She explains why:
We believe [Penn Virginia's] Eagle Ford position has been nearly fully derisked, and with 1,125 locations in the play, consistently improving IP rates, and decreasing costs per stage, we believe the company is in an excellent position to continue to grow earnings, EBITDA, and cash flow as well as to continue to improve debt metrics.
Howard Weil’s Brian Corales, meanwhile, lifted his price target to $23 from $16 with a Sector Outperform rating. He explains why:
[Penn Virginia] continues to deliver very impressive well results, and we are starting to see that translate into production and cash flows. The most recently drilled wells have 30 day rates that average greater than 1 MBoepd, much higher than our current type curve. Additionally, the impressive reserve results in 2013, along with the continued increase in acreage, significantly boosts our NAV. Even on a cash flow basis, [Penn Virginia] continues to trade at a discount to Eagle Ford and Small-Cap peers. �The balance sheet is more stretched than most peers, but there is a clear line of sight to improve the debt metrics. The Company has already sold the EF gas gathering and processing, bringing in $94MM and is planning to sell some non-core E&P assets to offset the cash flow outspend. We have the balance sheet steadily improving as production and cash flows continue to grow.� [Penn Virginia] has really just started accelerating drilling plans, and the 80,000 net acre position could grow relatively quickly. Finally, the upper Eagle Ford looks enco
Best Regional Bank Stocks To Buy Right Now: Equity Lifestyle Properties Inc. (ELS)
Equity LifeStyle Properties, Inc. is a publicly owned real estate investment trust (REIT). The firm engages in the ownership and operation of lifestyle oriented properties. Its portfolio of properties include various amenities and common facilities, such as a clubhouse, a swimming pool, laundry facilities, and cable television service, sauna/whirlpool spas, golf courses, tennis, shuffleboard and basketball courts, and exercise rooms. The firm leases developed sites to owners of manufactured homes referred to as resort homes, park models referred to as resort cottages, and recreational vehicles. It primarily invests in the markets of the United States. The firm primarily invests in land with lower maintenance costs and customer turnover costs, high quality real estate in and around major metropolitan areas, high barriers to entry, retirement and vacation destinations, growth markets, and appreciating component of real estate2. It was formerly known as Home Communities, Inc. The firm was founded in 1992 and is based in Chicago, Illinois with additional offices in Clearwater, Florida, Phoenix, Arizona, and Aurora, Colorado.
Advisors' Opinion:- [By John Udovich]
Trailer parks may have a bad reputation, but Yahoo! Finance�� Breakout segment was recently touting trailer parks as a hot new investment area���meaning its time for retail investors who don�� want to invest in physical parks to start taking a closer look at trailer park stocks Equity Lifestyle Properties, Inc (NYSE: ELS), Sun Communities Inc (NYSE: SUI) and UMH Properties, Inc (NYSE: UMH). According to the segment, roughly 6% of Americans lived in trailer homes as of 2012 with the�supply of designated trailer parks being quite low because no one wants one in their backyard. Anthony Effinger, the author of another article about trailer parks for Bloomberg, was quoted as saying:
- [By Lawrence Meyers]
I�� talking about manufactured home communities. In the case of Equity LifeStyle Properties (ELS), 70% are communities for those 55 years of age or older. It�� a great niche, and this REIT has grown into 370 communities and resorts in 32 states and British Columbia, which contain 140,000 actual sites. The properties certainly look nice on the company�� home page, and community living for seniors has taken on increased popularity over the past twenty years.
Best Regional Bank Stocks To Buy Right Now: Cray Inc(CRAY)
Cray Inc. engages in the design, development, manufacture, marketing, and service of high-performance computing (HPC) systems, known as supercomputers. Its product line includes Cray XE6 system, a massively parallel processing system; Cray XE6m supercomputer that incorporates its Cray Gemini network; Cray XMT supercomputer, a scalable massively multithreaded platform with a shared memory architecture that is suited for tasks, such as pattern matching, complex searches, scenario development, behavioral prediction, anomaly identification, and graph analysis; and Cray CX1 and CX1000 systems that are purpose-built for laboratories and university departments. The company?s products under development comprise Cray XE6 System enhancements; and next generation Cray XMT System. It also offers engineering services related to HPC systems and solutions, such as maintenance support services and technology-led professional services. Cray Inc. provides its products and services to gover nment agencies, academic institutions, and commercial entities in the United States, Canada, Europe, Japan, and the Asia-Pacific. The company was formerly known as Tera Computer Company and changed its name to Cray Inc. in 2000. Cray Inc. was founded in 1987 and is headquartered Seattle, Washington.
Advisors' Opinion:- [By Alex Planes]
What: Shares of Cray (NASDAQ: CRAY ) have fallen by over 13% today after the company reported earnings that, in spite of narrowly beating analyst expectations, still showed a tremendous decline that may well have spooked some short-term investors.
- [By Lisa Levin]
Cray (NASDAQ: CRAY) surged 14.40% to $31.07. The volume of Cray shares traded was 649% higher than normal. Cray affirmed its revenue outlook for 2013 and 2014.
- [By SA Pro Top Ideas]
Stock Movers and Great Calls
On July 24, Mike Williams explained why FreightCar America's (RAIL) shares could double by 2015 as it returned to historic profitability. Shares are +16.3% to date after a strong earnings report this week. Read article » Vince Martin said on June 17 that Cray's (CRAY) sell-off after Q1 earnings was way overdone, offering investors a great deal. After a strong earnings report last week, shares now stand +45% from where they were before the article. Read article »
Alpha-Rich long and short ideas regularly move stocks and identify stocks that are about to move. Some notable recent calls subscribers had early access to:To Come Today
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Best Regional Bank Stocks To Buy Right Now: Titan Company Ltd (TITAN)
Titan Company Limited, formerly Titan Industries Limited, is engaged in manufacturing of watches/accessories, jewelry, precision engineering and eyewear. The Company has four divisions: watches/accessories, jewelry, precision engineering and eyewear. As of March 31, 2012, the Company had 332 World of Titan stores. As of March 31, 2012, the Company had over three business units in Bangalore, India, a manufacturing unit at Hosur and three assembly plants located in the north of India. The brands under the watches/accessories division include: Titan, Sonata, Fastrack, Xylys and others. Tanishq is Titan�� line of jewelry with a range of jewelry, studded with diamonds or colored gems in 18-karat gold, 22-karat gold and platinum jewelry. Under eyewear division, there is a brand named Titan Eye plus. The precision engineering division includes machine building and automation solutions and tooling solutions. In March 2013, Titan Properties Ltd. was amalgamated with the Company. Advisors' Opinion:- [By James Miller Phd]
Peers like Microsoft Corp. (MSFT) and Oracle Corp. (ORCL) present strong competition in the could-based CRM market, and have been enhancing their companies through various acquisitions such as recently acquired Nimbula, Eloqua Inc., RightNow Technologies and Taleo Corp from Oracle, or MarketingPilot and Netbreeze from Microsoft. Competition is moreover expected to increase with the introduction of Microsoft Dynamics CRM software (Titan). Nevertheless, Salesforce has also been strengthening its product portfolio and expanding within the cloud based CRM services.
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