|Day Low/High||22.64 / 23.21|
|52 Wk Low/High||15.73 / 25.25|
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer responds to a Morgan Stanley note, in which the firm reduced estimates for Patterson Companies PDCO and Henry Schein HSIC, on worries of Amazon entering the dental equipment space
"If you work for a living, why do you kill yourself working?" -- Tuco, The Ugly: "The Good, the Bad and the Ugly" There was plenty of sector rotation today (but little overall movement), so let's move to the abbreviated Monarch Notes form of "Takeaw...
Reams of stocks make sense on a pullback. And what looks bad? Anything even remotely connected to oil and gas.
Goldman on PDCO. This morning, Goldman issued a Sell recommendation on dental distributor Patterson Companies (PDCO). PDCO shares have been weak after a 2Q 2014 revenue miss, owing to soft dental equipment sales (even though the comparison was easy)...
Here is what Wall Street analysts are up to this morning. Analysts' actions: Lowe's (LOW) is downgraded to Neutral at Oppenheimer. Patterson Companies' (PDCO) price target is raised by $3, to $44, by Stifel. Schwab (SCHW) and TD Ameritrade (AMTD) ar...
Peer Patterson was downgraded due to weakening dental fundamentals. I am adding to my Henry Schein (HSIC) short. Patterson Companies (PDCO) was downgraded by a brokerage this week based on weakening dental fundamentals.
Patterson misses on earnings. Competitor dental distributor Patterson Companies (PDCO) missed on earnings, so Henry Schein (HSIC) has a cavity today.
I haven't been able to find any with a favorable risk/reward. I have been looking for short ideas, but I haven't been able to find any with a favorable risk/reward. I have small and inconsequential short positions in Bridgepoint Education (BPI), Gra...
Patterson Companies (PDCO) reported good earnings but lowered the top end of its 2012 view.
I continue to believe that quality companies are on sale. So far, the Cassandras' predictions of global collapse and failure have been proven false. Some of the most notorious bears are now turning bullish and revising their forecasts to the positiv...
I'm still short Groupon, Patterson Companies, Pitney Bowes and Henry Schein -- and that's it. My only remaining individual company shorts are Groupon (GRPN), Patterson Companies (PDCO), Pitney Bowes (PBI) and Henry Schein (HSIC).
My favorite sector to buy is the life insurers, and my favorite sector to short is dental. Favorite long sector: life insurance. Favorite short sector: dental.