Lakeway, TX -- (SBWIRE) -- 02/07/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-
Shares of Sears Holdings Corporation(NASDAQ:SHLD) remained relatively unscathed while retail rival J.C. Penney slumped 55% in a year as the story on each company remains quite different. Despite the different tracks of the retailers, a scathing downgrade from Maxim on JCP could have some read-through to Sears Holdings. The firm thinks the immense square footage held by JCP is greatly overvalued by investors. Is SHLD in the same boat?
Is SHLD after A Solid Pop Up? Find Out Here
Ellie Mae Inc(NYSE:ELLI) rallies after SA contributor Shareholders Unite argues the mortgage-processing software maker's post-earnings selloff is overdone. Investors have long been aware of declining mortgage refi activity and fewer conversions of traditional software customers to cloud subscriptions (the focus of a recent William Blair downgrade), the author declares. Meanwhile, top-line growth is still healthy, and rising margins are evidence of significant operating leverage.
How Should Investors Trade ELLI After The recent Earnings Report? Find Out Here
DSW Inc.(NYSE:DSW) has room to run in 2013, according to SA contributor Northrip Puckett who tags the retailer one of his top 13 stocks for 2013. The company is expected to grow earnings at a rate of 15% per year over the next 5 years, which gives it an attractive PEG ratio of 1.41. With no debt and a solid pace of store growth planned, DSW could also improve its margins as it grows and economies of scale kick in.
Why Should Investors Consider Buying DSW Now? Find Out Here
3M Co(NYSE:MMM) moves higher as investors cheer yesterday's announcement of a dividend hike and share repurchase, plus the board of directors says it's elected Muhtar Kent, chairman of the board and CEO of Coca-Cola (KO), to it's board of directors, effective April 1, 2013.
Is MMM Still a Buy After The Recent momentum? Find Out Here
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