Archive for October 23rd, 2007

October 23, 2007: 7:00 pm: BernardNews

To avoid losing shoppers to competitors like Costco and Wal-Mart, some analysts think Target needs to put the focus back on consumers.

TheStreet.com’s Kristin Bentz tells Farnoosh Torabi why Target is due for a huddle with shoppers who may become more enticed by Costco and Wal-mart.

Read more here.

I like Target better than both Costco and Wal-mart; i feel that out of “discount-everything” stores, Target is a little classier.  I would definitley buy some of their stock with an online system like Gorilla Trades; a company like Target doesn’t stay down for long.

: 6:07 pm: BernardNews

Some analysts on Wall Street beleive that with a significant drop in BP’s third quarter net profits, oil may be at its bottom.

Chuck Marvin says that BP’s net profit dropping 29% in the third quarter might mean oil’s reached its bottom.

I’d like to be able to get updates and tips on stocks of the same caliber as BP from my online stock picking service.  Do all of these services, like Gorilla Trades, focus mainly on less well known stocks?

: 4:04 pm: BernardNews

Every day i hear the same thing from these analyts: “investors are still weary about the housing market and credit crunch”; Somebody do something already!  I know their isn’t an overnight solution, but how long has this been going on? And all i’ve heard about it is that the Fed is moving interest rates.  There has to be something else that can be done.

‘Investors are using caution because of the sluggish housing market” is all i hear, whether it’s from brokers, analysts or online stock picking services like Gorilla Trades.  Enough is enough.