Wednesday, May 15, 2013

Hot Services Stocks To Watch Right Now

Next Monday, Sysco (NYSE: SYY  ) will release its latest quarterly results. The key to making smart investment decisions on stocks reporting earnings is to anticipate how they'll do before they announce results, leaving you fully prepared to respond quickly to whatever inevitable surprises arise. That way, you'll be less likely to make an uninformed knee-jerk reaction to news that turns out to be exactly the wrong move.

Sysco dominates the food-services industry, with hundreds of thousands of restaurants, institutional food providers, and other customers turning to the giant for their needs. Despite some weakness in the restaurant industry, Sysco has managed to return to multi-year highs, but can its fundamentals keep pace with its stock? Let's take an early look at what's been happening with Sysco over the past quarter and what we're likely to see in its quarterly report.

Hot Services Stocks To Watch Right Now: SportingBet.com(SBT.L)

Sportingbet Plc operates as an online sports betting and gaming company. The company offers online sports betting services, including sportsbook; and gaming products comprising casino and poker, as well as other games, such as roulette, blackjack, slots, and live dealer games. It operates Websites in 21 languages; and accepts bets in 20 currencies. The company is also involved in telephone and mobile betting businesses. It operates in Europe, Australia, Canada, Brazil, Chile, and South Africa. The company was founded in 1998 and is based in London, the United Kingdom.

Hot Services Stocks To Watch Right Now: Kingfisher(KGF.L)

Kingfisher plc, through its subsidiaries, operates as a home improvement retailer. The company primarily provides home improvement and garden products; kitchen, bathroom, and bedroom products; and DIY products. Its principal brand portfolio includes B&Q, Castorama, Brico Depot, and Screwfix. Kingfisher plc offers its products through 860 stores in 8 countries in Europe and Asia, primarily the United Kingdom, France, Poland, Turkey, and China, as well as through online. The company has a strategic alliance with Hornbach Holding A.G. Kingfisher plc was founded in 1980 and is headquartered in London, the United Kingdom.

5 Best Consumer Service Stocks To Invest In Right Now: E-Commerce China Dangdang Inc.(DANG)

E-Commerce China Dangdang Inc. operates as a business-to-consumer e-commerce company in the People?s Republic of China. It engages in the sales of Chinese and foreign language books, and music CDs, VCDs, and DVDs through its Website dangdang.com. The company also offers general merchandise products, such as beauty and personal care products; home and lifestyle products; consumer electronics; baby, children, and maternity products; apparel and accessories; and footwear, handbags, and luggage. In addition, it operates the dangdang.com marketplace program, which enables third-party merchants to sell their products alongside products sourced by the company. The company is headquartered in Beijing, the People?s Republic of China.

Advisors' Opinion:
  • [By Roberto Pedone]

    Another stock that has already started to trigger a big breakout is E Commerce China Dangdang(DANG), a business-to-consumer, e-commerce company in the People's Republic of China. The sellers have been very successful in knocking this stock down this year, and shares are off by over 70%.

    If you take a look at the chart for E Commerce China Dangdang, you'll notice that the short-sellers have done a number on this stock, since it has plunged from its July high of $14.88 to a recent low of $4.50 a share. Since hitting that low, the stock has rebounded sharply to its current price of around $7 a share. Shares of Dangdang have also just started to move back above its 50-day moving average of $6.34 a share. Even more important, the stock has just today started to take out some big overhead resistance at around $6.50 a share.

    Market players should now watch for this stock to trade and close above $6.50 a share today with strong volume. Look for volume to finish the day near or well above its three-month average action of 2.4 million shares. If we get some decent volume, and the stock closes strong, then this stock should set up to make a run back toward $8 a share or much higher.

    One could be a buyer of this stock off any weakness and simply use a mental stop just below the 50-day moving average in case the breakout fails. Keep in mind that volume on Thursday was 2.9 million shares as the stock traded up. Look for strength and volume in the stock to continue to signal that much big spike is coming for DANG in the coming days or weeks.

    This stock has an enormous short interest, with over 45% of the tradable float currently sold short by the bears. Look for the short-sellers to start covering fast if the stock really starts to launch into orbit off current levels.

Hot Services Stocks To Watch Right Now: Hollywood Media Corp.(HOLL)

Hollywood Media Corp. primarily provides advertising services. The company?s Ad Sales segment sells advertising on plasma TV displays; and on lobby display posters, movie brochure booklets, and ticket wallets distributed in cinemas, live theater, and other entertainment venues in the United Kingdom and Ireland. This segment also holds a 26.2% ownership interest in the MovieTickets.com, a seller of online movie tickets. Its Intellectual Properties segment owns or controls the rights to certain intellectual properties created by various authors and media celebrities, which it licenses for book and other media. This segment also owns a 51% interest in Tekno Books, a book development business. The company was founded in 1993 and is headquartered in Boca Raton, Florida.

Hot Services Stocks To Watch Right Now: Genting Singapore Plc (G13.SI)

Genting Singapore PLC, an investment holding company, engages in the development and operation of integrated resorts. It operates casinos; hotels with approximately 1500 rooms; approximately 22 beach villas; and a marine life park. The company is also involved in the provision of sales and marketing support services to leisure and hospitality related businesses; online gaming operations; and the food street business. It has operations in Europe and the Asia Pacific. The company was incorporated in 1984 and is headquartered in Singapore. Genting Singapore PLC is a subsidiary of Genting Overseas Holdings Limited.

Hot Services Stocks To Watch Right Now: Beasley Broadcast Group Inc.(BBGI)

Beasley Broadcast Group, Inc., a radio broadcasting company, primarily engages in the operation of radio stations in the United States. The company sells commercial advertising airtime to local and national advertisers. It owns and operates 42 radio stations in various markets, including Atlanta and Augusta in Georgia; Boston, Massachusetts; Fort Myers-Naples, Miami-Fort Lauderdale, and West Palm Beach-Boca Raton in Florida; Fayetteville and Greenville-New Bern-Jacksonville in North Carolina; Las Vegas, Nevada; Philadelphia, Pennsylvania; and Wilmington, Delaware. The company also operates one radio station in the expanded AM band in Augusta, Georgia. In addition, it provides management services to two FM stations in Las Vegas, Nevada. Beasley Broadcast Group was founded in 1961 and is based in Naples, Florida.

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