Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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Stock number one: AT&T, Inc.
AT&T Looks Forward to LTE-Based Media Broadcasting in 2015—Zack's
AT&T Inc. (T-Free Report) is reportedly planning to introduce LTE-based media broadcasting in the US. According to media reports, the company will launch its own Multicast service in 2015, to compete with Verizon Communications Inc. (VZ-Free Report). Although no official disclosure has been made in this regard, we believe the prospective new service, which remains complementary to the company’s project VIP initiative, will remain accretive to revenues and improve market share.
Symbol: T
Trailing PE: 10; Forward PE: 13
PEG: 2.67
Dividend: 5.20
Estimate Trend: Up
Ransom Note Trendline: Avoid Telephone
Stock number two: Claymore/Delta Global Shipping
Dry Bulk Shipping Index On The Move, Dry Bulk Stocks On The Rise--Benzinga
The Dry Bulk Shipping Index has been on a consistent decline the past five years, but most recently rallied by nearly 30 percent in the past week.
Demand for dry-bulk shipping surged as total seaborne Iron ore imports are projected to rise by 10 percent to 1.307 billion metric tons in 2014, according to Diana Shipping's most recent earnings call.
Symbol: SEA
Trailing PE: 11; Forward PE: NA
PEG: NA
Dividend: 1.67%
Estimate Trend: NA
Ransom Note Trendline: Buy Claymore/Delta Global Shipping
Stock number three: Micron Technology Inc.
No Headline--NA
Symbol: MU
Trailing PE: 13; Forward PE: 9
PEG: 0.50
Dividend: NA
Estimate Trend: Up
Ransom Note Trendline: Buy Micron Tech