When looking for stocks to short, I tend to look for companies that fall into one of three categories:
The first category of stocks to short are stocks that are just wildly and insanely overvalued. However, often times, these stocks also tend to be momentum names like Netflix (NFLX), so you have to be careful when you initiate your short. The second category of stocks to short are those that are unquestionably going to go bankrupt at some point. JCPenney (JCP) is increasingly looking like one such example. The last category of stocks to short are those whose fundamentals and financials make the path of least resistance to be down.Here are four such candidates if you’re looking for stocks to short:
Top 5 Wireless Telecom Companies To Buy Right Now: ProShares UltraShort Russell2000 (TWM)
ProShares UltraShort Russell2000 (the Fund) seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Russell 2000 Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, to investments that, in combination, have economic characteristics that are inverse to those of the Index. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments. The Fund intends to concentrate its investments in a particular industry or group of industries to approximately the same extent as the Index is so concentrated. ProShare Advisors LLC serves as the investment advisor to the Fund. Advisors' Opinion:- [By Richard Rhodes]
We remain short, via a position, the Russell 200 2X Short (TWM) as well as short positions in Tesla (TSLA) and Chipolte (CMG).
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Top 5 Financial Companies To Watch For 2014: The Bancorp Inc.(TBBK)
The Bancorp, Inc. operates as the holding company for The Bancorp Bank that provides various commercial and retail banking and related products and services to small and mid-size businesses and their principals. The company?s deposit products include checking accounts, savings accounts, health savings accounts, money market accounts, individual retirement accounts, certificates of deposit, and stored value and payroll cards, as well as commercial accounts, such as general commercial checking, small business checking, business savings, and business money market accounts. Its loan portfolio comprises commercial term loans, commercial mortgage loans, commercial lines of credit, 1-4 family construction loans, direct lease financing, and commercial construction, acquisition, and development loans; and consumer loans comprising loans for consumers to finance personal residences, automobiles, home improvements, and for other purposes. The company also provides other banking serv ices, which include private label banking and merchant card processing services; and Internet banking services. It serves Philadelphia, Delaware, Chester, Montgomery, Bucks, and Lehigh counties in Pennsylvania; New Castle county in Delaware; and Mercer, Burlington, Camden, Ocean, and Cape May counties in New Jersey. The company was founded in 1999 and is based in Wilmington, Delaware.
Advisors' Opinion:- [By Ben Levisohn]
The Bancorp (TBBK) plunged 30% to $11.37 this week, earning it the honor of the biggest loser in the Russell 2000. The Bancorp said in a filing that the FDIC had demanded it to more to comply with the Bank Secrecy Act.
Top 5 Financial Companies To Watch For 2014: Market Vectors Coal ETF (KOL)
Market Vectors-Coal ETF�� (the Fund) investment objective is to replicate as closely as possible, before fees and expenses, the price and yield performance of the Stowe Coal Index (the Coal Index). Van Eck Associates Corporation is the investment adviser to The Fund.
As of December 31, 2007, the Stowe Coal Index consists of the stocks of 60 publicly traded companies. These companies are engaged in the mining and/or transportation of coal, the manufacture of coal mining equipment and the production of clean coal.
Advisors' Opinion:- [By Peter Krauth]
The best way to gain exposure to the potential coal bull is through the Market Vectors Coal ETF (NYSE Arca: KOL). This fund invests in companies that generate at least 50% of their revenues from coal production, mining, mining equipment, transportation, or storage.
- [By Ben Levisohn]
Coal stocks sure could use a boost. The Market Vectors Coal ETF (KOL) has dropped 23% so far this year, while Peabody Energy�(BTU) has fallen 28%, Alpha Natural Resources (ANR) has declined 27% and Arch�Coal�(ACI)has plunged 38%. Even Consol Energy (CNX), one of the best performers in the sector thanks to some asset sales, has only managed to gain 20%, lagging the S&P 500′s 29% rise.
Top 5 Financial Companies To Watch For 2014: Unione di Banche Italiane ScpA (BPD)
Unione di Banche Italiane Scpa is an Italy-based holding company engaged in the governance, control, coordination and support of Unione di Banche Italiane Group. The Company�� activities are divided into three business segments. The Banking sector comprises of nine network banks of the Group, including IW Bank SpA, Banque de Depots et de Gestione SA and UBI International SA. The Non-banking financial sector includes Centrobanca SpA, Ubi Leasing SpA, Ubi Factor SpA, Ubi Pramerica SGR SpA, Banca 24-7 SpA, Silf SpA, Prestitalia SpA, Ubi Fiduciaria SpA and UBI Gestioni Fiduciarie SIM SpA. The Corporate Centre segment comprises UBI Banca Scpa and Ubi Sistemi e Servizi Scpa, among others. The Company is engaged in the corporate banking, consumer credit, asset management, factoring, leasing, life and non-life bancassurance sectors, among others. On May 6, 2013, it completed merger of Centrobanca Banca di Credito Finanziario e Mobiliare SpA into the Company. Advisors' Opinion:- [By April Yee]
In its annual outlook, released this month, Opec said demand for its crude would dip to between 28 million and 29.2 million barrels per day (bpd) by 2018, from 30.3 million bpd today.
- [By Robert Rapier]
US oil production has risen from 5 million barrels per day (BPD) in 2008 to 7.3 million BPD in the most recent quarter. The US is now the fastest-growing oil producing region in the world.
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