The wreck of the Costa Concordia plus food borne illnesses in two cruise liners from a competing company will keep this one low for quite awhile. Let…more
The wreck of the Costa Concordia plus food borne illnesses in two cruise liners from a competing company will keep this one low for quite awhile. Let the dust settle, probably through the end of summer, before picking it up again. Once the lawsuits and insurance information are sorted out and the Costa Concordia is a thing of the past, there will be a very large upside to this stock. In the meantime, either sell, hold or monitor.
DAL has been making an earnest effort to pay off debt, which should allow them to assume higher fuel charges than others in the transportation sector. I recommend BUY, but with caution. Watch the price per barrel for oil. If it goes too high, it will negatively impact airline stocks again.
If you haven't bought into MSB, go ahead and do so. However, buy it for the dividend and not for the price movement. A pass-through trust, with high demand for steel overseas and a mild winter in the Great Lakes region, expect the Fall dividends to be something substantial - between $1.00 - $1.75/share. April dividend payment will be in the area around $.10 due to the annual closure of the Soo Locks. If you own hit - hold it. If you aren't into MSB, it's time to buy.
Accuray is poised for growth in the healthcare sector. The acquisition of TomoTherapy is holding down the value of this stock, though with limited debt and good products, this stock has a strong potential to be a major player in the health care sector in 2012. Once the acquisition of TomoTherapy is paid for, which is expected in July 2012, we should see strong growth from this company. I would not be surprised to see this stock trading somewhere between $18-22 in the next 12-18 months.
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