Sealed Air Corporation (SEE) posted third-quarter EPS of 38 cents, beating the Zacks Consensus Estimate of 33 cents as well as prior-year EPS of 28 cents. Through its stringent cost-control measures and global manufacturing strategy, the company managed to offset the impact of lower sales on its earnings. Net sales declined 11.4% to $1.08 billion from [...]

(SEE) Sealed Air Corporation Keeps Outperforming

Early in April after a month long run off the bottom I posted a list of equities that gained at least 60% in the preceding 4 weeks (Apr 5: The Meek Shall Inherit the Earth: 92 Stocks Over $10 Returning 60%+) The list was a whose who of beaten down merchandise. Generally, by week 4-5 of an oversold rally these type of names begin to peter out but the ramp has been relentless in lower quality, low price stocks. My gut tells me quant (and other varieties) of hedge funds have been shorting these names, using fundamental reasons - expecting some pullback after huge runs - only to be run over again and again even in week 6 and 7 of this rally. All it takes nowadays is saying "business has stabilized at the worst levels we've seen in decades" to elicit glee and massive short covering rallies. While the market was flattish last week, I[More...]

The accompanying table profiles the 13 companies mentioned in this article and statistics for all 113 companies (click here for a link to the entire index) with market caps between $25M-$150M, which are included in the new ETF Innovators (ETFI) Micro-Cap Bio-Pharma Index as a complement to the ETFI Emerging Bio-Pharma Index of companies with market caps between $150M-$1.5B.<br[More...]

Wonder Auto Technology, Inc. (WATG) enjoys a strong market share in alternators and starters in China and is strategically positioned in the faster-growing sub-segments in these markets. The acquisitions of Jinzhou Hanhua and Jinzhou Karham are expected to reduce the cost of raw materials and components. However, weak... [More...]