Welcome to John Ransom’s Stocks in the News where the headlines meet the trendlines.
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Stock number one: Ford Motor Co
Ford China Sales Rise 25% in July, Up 33% Year to Date—Ford Motor Corp
Ford Motor Co. (F) sold 90,775 vehicles in China in Jul 2014, which reflects a 25% year-over-year increase over 72,834 units sold in Jul 2013. Year-to-date sales of Ford in the world’s largest automobile market amounted to 640,031 units, up 33% from 480,555 vehicles sold in the first 7 months of 2013.
Symbol: F
Trailing PE: 11; Forward PE: 9
PEG: 1.06
Dividend: 3.00
Estimate Trend: Up
Ransom Note Trendline: Buy Ford Motor
Stock number two: The Home Depot, Inc.
Why the Gallup spending measure increased in July--Market Realist
The July reading suggests a mixed bag for the economy. While it represents a much higher level of consumer spending than the $60–$70 averages found for much of 2009–2012, it’s still below the $100 averages seen several times in 2008 before the financial crisis. Spending had come close to this level in May of this year at $98—a monthly figure not seen since September, 2008.
Symbol: HD
Trailing PE: 21; Forward PE: 16
PEG: 1.16
Dividend: 2.30%
Estimate Trend: Up
Ransom Note Trendline: Buy Home Depot
Stock number three: Amazon
Amazon (AMZN) Debuts Five TV Series for Third Pilot Season--Amazon
Amazon.com Inc. (AMZN) announced its decision to debut five original TV series for the third pilot season on Aug 28 in the U.S. and U.K.
These include three comedies — The Cosmopolitans by Whit Stillman; Really written and directed by Jay Chandrasekhar and Red Oaks written by Gregory Jacobs and Joe Gangemi — and two dramatic thrillers — Hysteria written by Shaun Cassidy and Hand of God starring Ron Perlman.
Symbol: AMZN
Trailing PE: 495; Forward PE: 163
PEG: 60
Dividend: NA
Estimate Trend: Up
Ransom Note Trendline: Buy Amazon