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Thursday November 5, 2009

DrStockPick.com Stock Report!

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Cavitation Technologies, Inc. (OTC Bulletin Board: CVAT) announced recently that it has signed Miura Engineering Co., Ltd. Tokyo, Japan (www.miura21.co.jp) as its new agent to serve markets in Japan for CTI’s Nano-Cavitation Process Systems. Miura is a leading Engineering Company specialized in Edible Oil Processing Plants in the Far East. Last week CVAT reported a 3-for-1 forward stock split.

IRIDEX Corporation (Nasdaq: IRIX) today announced that it will release its third quarter 2009 financial results after the

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There’s no question that the big “winner” in the global financial crisis has been China. While for the past two years developed economies have been scrambling to keep afloat China has taken a nuanced approach to achieving its economic and political goals.

China has used depressed commodities prices to stock up on long-term supplies of raw materials such as oil, copper, and iron.  And it’s used structural weakness in the U.S. financial system as justification for replacing the dollar as the world’s main reserve currency.

Now, the Red Dragon is looking to make headway on the highway by winning global market share in the automotive market while U.S. heavyweights spin out.

“We aren’t afraid of the financial crisis,” Zhou Fuquan, vice president of Geely Automobile Holdings Ltd. (PINK: GELYF), told Bloomberg News. “On the contrary, we hope it will penetrate even further as

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W.R. Berkley Corporation (WRB) recently announced the formation of a new operating unit, Berkley North Pacific Group, LLC. The new unit will be based in Seattle, Washington and will be a part of its regional segment. It will underwrite products on behalf of W.R. Berkley's regional insurance member companies.

The new unit will provide standard commercial lines insurance services and expertise to several businesses in the Pacific Northwest by utilizing the independent agency system. Berkley has been associated with this region through the Boise regional office of Continental Western Group, which will become a branch of Berkley North Pacific Group.

The company has appointed Jeffrey R. Dehn as President of Berkley North Pacific Group. He has over 34 years of experience in the insurance and financial services industries and over 25 years of expertise in the Pacific Northwest market.

Berkley, which competes with companies such as Berkshire Hathaway Inc. and The

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Warren Buffett’s storied investment vehicle Berkshire Hathaway Inc is now trading at somewhere in the region of 1.2 times its book value of $72,000 a share. This makes it well worth considering for value-minded investors.

Now trading at $90,560, Berkshire Hathaway class A shares (NYSE: BRK.A) have plunged 60% from their 2007 peak of $149,000. According to Barron’s:

In the past decade, the stock has traded for an average of 1.6 to 1.7 times book value, a measure of shareholder equity per share. The current price-to-book ratio is near the low reached in early 2000, when Berkshire’s stock bottomed at about $40,000.

The turmoil in the financial markets has seriously dented confidence in Berkshire. And some would say with good reason. In March, Berkshire made a loss of about $5 billion on long-term put options on equity indexes – just as share prices were beginning to take off again.

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AeroGrow International, Inc., makers of AeroGarden indoor gardening products, announced today that it has elected two new members to its Board of Directors: Michael S. Barish and H. MacGregor (Greg) Clarke. The announcement follows the recent retirement of three AeroGrow Board members, Linda Graebner, Suresh Kumar, and Peter Michel, their terms having come to an end. The company has reduced the size of its Board to five members.

Both men bring years of unique experience to the company. In 1973, Mr. Barish founded Cambiar Investors and grew the firm’s assets from less than $1 million in 1973 to over $2.3 billion upon his retirement in 2001. In 2003, he co-founded the private investment partnership Lazarus Investment and served as the fund’s Chief Investment Officer until his retirement in June 2009. Mr. Barish will serve on the Audit and Governance committees.

Mr. Clarke has served as CFO of AeroGrow since May 2008. Prior

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With U.S. employers cutting fewer jobs in April and banks' stress test results throwing up less-than-expected surprises, U.S. stocks advanced helping S&P 500 erase this year's losses and tech-heavy Nasdaq recorded its ninth straight weekly gain.  Reassuring signs emerging from the employment front indicated the economy is starting to find its footing as even a $75 billion deficit in capital failed to deter investors.  Stock buyers helped broad-based S&P 500 end the week 5.9% higher - the index is up 37% from a 12-year low hit on March 9. During the week, the Dow Jones Industrial Average added 362.24 points, or 4.4%, to 8,574.65. The Chicago Board Options Exchange Volatility Index, a measure of market volatility, declined 9.2% to 32.05. Volume on the NYSE was a heavy 1.9 billion as advancing issues outpacing declining stocks by a five-to-one margin. Among S&P sector groupings, financials were the leading gainers

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BEIJING, The People’s Republic of China - At a time when the rest of the global auto sales are experiencing their biggest declines in decades - and are set to drop at least 8% globally - the burgeoning China auto market may grow by 10% or more this year.

With steeply rising disposable incomes and savings rates that approach - and in some cases exceed - 35% a year, it isn’t difficult to see why the China auto market is zooming along. But what may be tough for U.S. consumers to picture - especially as they deal with rising unemployment and a nagging economic malaise - is the intensity with which domestic demand is growing here in China.

Autos are more than just transportation here. They’re a symbol of wealth and success - a sexy status symbol. One’s social position can be determined by the type of vehicle one owns and

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Today we are featuring top-performing "global" equity mutual funds that invest in equity securities of both U.S. and foreign companies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Global Equity Funds list.

3 Solid Picks

First Eagle Global A (SGENX) seeks long-term capital growth by investing in a wide range of asset classes from markets in the United States and around the world. It has a flexible approach and invests in securities regardless of market capitalization, sector or asset class.

The fund invests in undervalued common stocks, bonds, preferred and convertible securities and, at times, real estate and gold-related investments. It has topped its benchmark index in terms of total annual returns in the 1-, 3- and 5-year periods.

Berkshire Hathaway Inc. (BRK.A) SMC Corp. and Sodexho Alliance are among the fund's top

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Berkshire’s Armor Cracks; JPMorgan Bags $5 Billion Selling Deriviates; Recordati Proposes Increased Divided; China May Double Stimulus This Week; Homes Sales Continue to Break Down

After recording its worst financial results ever last year, Warren Buffet’s Berkshire Hathaway Inc. (BRK.A, BRK.B) announced it would cut manufacturing jobs and close facilities to buffer itself against the recession. “Berkshire’s operating companies have taken and will continue to take cost reduction actions in response to the current economic situation, including curtailing production, reducing capital expenditures, closing facilities and reducing employment to partially compensate for the declines in demand,” the firm said in a regulatory filing yesterday, Bloomberg reported. By trading over-the-counter fixed-income derivatives, JPMorgan Chase & Co. (JPM) ...

The Dow Chemical Co. (DOW) may be forced to abandon its takeover of Rohm & Haas Co. (ROH) now that a $17.4 billion joint venture with Kuwait’s state-run oil company has been scrapped. Kuwait’s Petrochemical Industries Co. earlier this week cancelled plans to take a 50% stake in Dow’s plastics unit amid pressure from government officials alarmed by plunging oil prices. The venture would have created the world’s largest maker of polyethylene - a chemical used in wide array of plastic products, such as bottles and compact discs. It also would have provided Dow with a $7.5 billion cash infusion that the company had earmarked for its pending takeover of Rohm & Haas. The Philadelphia-based Rohm & Haas on July 10 agreed to a $78 a share takeover offer from Dow Chemical. Dow planned to finance the takeover with a $13 ...