Daktronics (NASDAQ: DAKT) dropped after announcing weak sales for fiscal 3Q 2013, but the company also announced order growth figures that look more promising. The display maker's screens show up at stadiums around the country, and its LED display technology offers cost advantages that could support sales over the long run. Daktronics' LED displays can help marketers, schools, and athletic teams put on a show while limiting their electricity more »
Earnings and earning-related news is the number one catalyst for stock movement. A strong quarter can dictate the direction of a stock for the following three months as can a bad quarter; in the past I have written in detail about such subjects, a domino effect following a strong or bad quarter. However, sometimes the market gets it wrong, and stocks trend incorrectly. Therefore, I am looking at three big more »
Given the range of industries served by electrical equipment providers, if an entity has a strong presence in one growth end market it can mitigate the effect of other struggling businesses and drive profit gains. Telecom-related sectors, including networking products and wireless communications may well support earnings improvements at certain companies. Additionally, when one industry player fills a niche by specializing in a particular product, margins can be healthy, supporting more »
Somewhere is a line between excessive hyping of a stock and what is appropriate to informing potential investors about the future investment prospects of a company.
Daktronics (NASDAQ: DAKT), which on Tuesday, Nov. 20 released news of solid revenue growth and blew away the Street's earnings consensus, is an example of a company on the extreme end of the under-hyped spectrum.
The chart below demonstrates how the stock went more »