Welcome to the Wealth Daily Weekend Edition — our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles.
What a week.
The cataclysmic collapse of the euro… Fears of debt contagion in Europe… The possibility of the oil spill hitting U.S. land… And fears over UK elections managed to destroy most — if not all — of the gains racked up in 2010.
But that didn’t stop some readers from raking in 1,100% gains. Simply by watching small changes in consumer shopping trends and the way consumers were renting movies, these investors caught the opportunity of a lifetime.
Here was Blockbuster warning of bankruptcy and Movie Gallery closing its doors, as Netflix and Coinstar were picking up more market share and their stocks skyrocketing.
Here we had Netflix running above $100. Nobody was paying attention to Coinstar at $35.
But we were.
We knew that consumers wanted more convenience and cheaper prices… and that the brick and mortar companies (Blockbuster and Movie Gallery) couldn’t keep up. We knew it was only a matter of time before our under the radar stock went mainstream.
And it did… in a big way. Take a look:
Coinstar would jump from $35 to more than $52, sending our June 2010 call option from $1.25 to more than $15…
But even $52 is too cheap. This could easily be a $60 — even an $80 — stock near term because they understand consumers.
And it’s not as if growth is a problem. They just raised their 2010 outlook and posted a profit that easily beat expectations. The company is projecting a 2010 profit of $1.82 to $1.94 a share, bettering a February 2010 forecast of $1.50 to $1.60 a share.
And that’s after the company earned $6.4 million, or 21 cents a share (exceeding 13-cent estimates) as revenue just about doubled to $350 million from $239 million.
But this isn’t the only opportunity to make money in this chaotic market…
There are a few more ideas below from the pages of this week’s top-read articles in Wealth Daily and our sister publications, Energy & Capital and Green Chip Stocks.
We’re confident that our editors will give you at least one or two investment ideas to mull over through the weekend.
Stay Ahead of the Curve,
Ian L. Cooper
Wealth Daily
How to Buy and Sell Stocks Online: The Bad News for Your Broker
Wealth Daily Editor Steve Christ discusses how to buy and sell stocks online and why it may be time to become your own broker.
Energy Storage Stocks Backed by Billionaires: These Guys Make the Sun Shine at Night
Green Chip Editor Nick Hodge discusses growing role batteries are playing in the energy industry, and why billionaires are lining up to invest…
Obama Touts Smart Grid Technology: The President’s Rose Garden Energy Deal
Green Chip Editor Nick Hodge discusses growing role batteries are playing in the energy industry and why billionaires are lining up to invest…
Alzheimer’s Attitudes: Alzheimer’s Attitudes Will Only Boost this Biotech Stock Higher
Wealth Daily Editor Steve Christ brings readers news on an up-and-coming biotech company that could just be one of the greatest investment opportunities of our time.
The Chinese Monopoly Monster Takes another Bite: An Investment Revelation as China’s Metal Monopoly Grows
Energy and Capital Publisher Brian Hicks shares insights from his international contacts regarding the Chinese monopoly on global metal supply and what it means for investors.
The Right Way to Pick Options: Make $7,980 in 13 Days
Wealth Daily Editor Christian DeHaemer gives readers five secrets for picking the right option – the same system that made his readers up to 141% returns in the latest sell-off…
Palladium Demand and Price Soaring: How to Profit from the Palladium Bull Market
Editor Luke Burgess discusses the story of supply and demand for palladium and reveals several investment highlights for this metal
