CNBC Bonus Bucks Trivia: In June 5’s “Web Extra: Suspicious Stock” which Fast Money trader wanted to share his/her investment doubts?
Source: http://feeds.feedburner.com/~r/StockMarketBeat/~3/308007124/Posted on Monday, June 9th, 2008 | In Current Market News, Stocks to Watch
Contributed by: William A. Trent (http://stockmarketbeat.com) -
In June 5’s “Web Extra: Suspicious Stock” which Fast Money trader wanted to share his/her investment doubts?
We ran out of time on TV but Guy Adami wants you to know about this stock. In Thursday’s Web Extra find out what happened that’s making him suspicious.
The stock in question was Nucor (NUE), and Adami felt that the company’s guidance increase may signal an acquisition. Nucor shows up in the models I follow for having a particularly high accrual ratio, which is often a signal of poor earnings quality. It also has strong price momentum, which can be both a blessing and a curse for investors.
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acquisition, Blessing And A Curse, Bonus Bucks, Cnbc, Cnbc Bonus Bucks Trivia, Current Market News, Doubts, Earnings Quality, Extra Money, Fast Money, guidance, Guy Adami, investment, investors, Models, Nucor, Nue, Poor Earnings, Price Momentum, Stock Trader, Stocks to Watch, Web Money
 About William A. Trent (http://stockmarketbeat.com)
Stock Market Beat editor William A. Trent, CFA, has been an equity analyst since 1996 and is co-author of Understanding and Evaluating Prospectuses, Offering Documents, and Proxy Statements. His experience includes stints with institutional investors responsible for more than $70 billion in assets and covers all market-cap sizes. Sector concentrations have been within the TMT (Telecom, Media and Technology) and Transportation sectors. He is also the senior editor of Financial Education. He is available for freelance writing and consulting projects and can be contacted here. |
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