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
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...
Today’s recommendations are based on technical indicators—one buy breaking through resistance and one short-sell with downward momentum. The buy stock has a current dividend yield of 2.56%, paid quarterly.
Fastenal (FAST) From Shortex Market Letter
Long Idea:52wk H. 49.99 52wk L. 34.45 Mkt Cap: $13.99B, 1.77,...
Short Idea: DeVry Education Group (DV) From Shortex Market Letter
52wk H. 37.79 52wk L. 15.81 Mkt Cap: $1.10B, EPS: 0.49 P/E: 35.54 Div/Yld: 0.36(2.14%)
Devry Education Group (DV) is a global provider of education services. The suspension of the company’s status from the Veteran certification...
This medical company beat estimates by five cents last quarter, seven analysts have recently raised their EPS estimates, and two have increased their price targets (JP Morgan to $98 and Credit Suisse to $88).
Edward Life Sciences (EW) From Shortex Market Letter
Edward Life Sciences 52...
This international automaker is once again reinventing itself with an electric car push, a new aluminum truck, and a reduced number of body lines. The shares have a current dividend yield of 4.23%, paid quarterly.
Ford Motor Co. (F) From Shortex Market Letter
Ford Motor (F)...
Shortex, published by Technomart, seeks to control the market in either bull or bear markets. Every three weeks, Shortex provides seven long and seven short recommendations complete with information and analysis. Shortex is known for its accurate forecasting and market-timing strategies, buy...