Joseph Parnes founded Technomart Investment Advisors in 1979. He is the president of the firm, and directs all research, analysis and corporate strategy. Technomart Investment Advisors is currently recognized as one of the top Investment Advisories in the United States (Bloomberg Wealth Manager July 2004-2010). Mr. Parnes is responsible for supplying the firm’s private and institutional clients with actionable investment advice. He has experience across a broad array of industries, with a special focus on growth companies, and on short selling strategies.
Articles by Joseph Parnes
This medical device company is due to report earnings on January 24, and recently reported that its revenue would be up about 17%, which is higher than analysts expected.
Our second recommendation is a short sale.
Our first pick today just received an upgrade from Morgan Stanley, to ‘Overweight’.
This medical device maker beat earnings estimates by $0.27 last quarter, and fourteen analysts have increased their EPS forecasts for the company in the past 30 days.
This global auto manufacturer is in a buying range, and the handsome dividend yield of 5.33%, which is paid quarterly, increases its attractiveness.
This infrastructure company beat earnings estimates by $0.10 in the latest quarter. Ten analysts have raised their forecasts for both this year and next in the past 30 days.
This manufacturing and technology conglomerate will announce earnings on January 27. Analysts expect the company to post revenues of $10.15 billion and earnings per share of $1.74 for the quarter. The shares have a current dividend yield of 2.27%, paid quarterly.
Honeywell International (HON)
Two technical plays today—one long on a software company and a short on a retailer that has faced many challenges in the last few years.
Buy: VMWARE INC (VMW)From Shortex Market Letter
52wk H. 82.35 52wk L. 43.25Mkt Cap: $31.59B, P/E: 29.99, Beta: 0.69
VMWARE INC is...
Sell Short: Sears Holding Corporation (SHLD)From Shortex Market Letter
52wk H. 27.47 52wk L. 10.52Mkt Cap: $1.5B, P/E: -0.81, Beta: 1.44
Sears (SHLD), the operator of Sears/Kmart, reported net loss of $2.03/shr. Same-store sales dropped 5.2%. Another Qtr of declining sales. Accepted $300M financing from Edward...