Showing posts with label NYB. Show all posts
Showing posts with label NYB. Show all posts

Monday, July 11, 2011

ICResearch Q2 2011 Performance (BKS, PHH, QCOR, VVUS, RCL, LL, ODP, EK, BBY, WFC, CREE, AIG, LOGI, PHG, WWE, NYB, LCC, CCL)

InvestingConsultantResearch.com today announced results for the quarterly performance of it's recommendations made for the second quarter of 2011. Here is how those recommendations for Q2 2011 performed since they were issued, ordered by return for the cautious investor if they had been held until market closes at the end of the second quarter of 2011 or when the bid price reached the level provided in the exit strategy.

To be fairly representative of the potential performance, the return presents what an investor would have earned opening the position at the prevailing price when the report was issued and closing it when the bid price of the stock reached the suggested exit point. If the stock did not reach any of the exit levels, the closing price at the end of the quarter is considered to be the selling price.


For the cautious investor:
BKS+ 120%
QCOR+ 85%
VVUS+ 43%
WDC: + 40%
DYAX: + 32%
CRU: + 32%
ARNA: + 30%
IGOI: + 30%
RCL: + 29%
DV: + 29%
EXF: + 27%
EXFO: + 25%
FCN+ 22%
SYNA+ 21%
AXL+ 18%
FBC+ 18%
VCI+ 18%
SANM+ 18%
MDAS+ 17%
LCC+ 17%
SWM+ 15%
FLML+ 15%
RDN+ 13%
LL+ 13%
ORN+ 12%
ODP+ 12%
EK+ 11%
MTOR+ 11%
BORN+ 10%
BBY+ 10%
JACK+ 10%
ENG+ 7%
LOJN+ 7%
PHH+ 7%
FEED+ 5%
XRTX+ 5%
SCCO+ 5%
RJET+ 4%
BPL+ 4%
WFSL+ 4%
NYB+ 4%
WFC+ 2%
FRO+ 1%
HBOS: - 1%
CREE- 2%
PHG- 2%
CCL- 2%
LOGI- 4%
LPS- 6%
RECN- 8%
AIG- 9%
WWE- 11%
SATC- 14%
ANAD- 20%
HSOL- 25%
MTSN- 26%

Average Return: + 13%


Once again, the return presents what an investor would have earned opening the position at the prevailing price of the option contract when the report was issued and closing it when the bid price of the contract reached the suggested exit point. If the stock did not reach any of the exit levels, the closing bid price at the end of the quarter is considered to be the selling price of the option contract.


For the risk taking trader:

Average Return: + 66%


Most of InvestingConsultantResearch.com's picks returned modest performance and some even suffered losses, but the losses were offset by the provided exit strategy. Subscribe to our our site to stay informed for forthcoming recommendations for Q3 and Q4 2011 or follow us on Twitter.

Thursday, April 21, 2011

New York Community Bancorp, Inc. (NYSE: NYB) Q2 2011 Price Target

Recent price: 16.16$
P/E Ratio: 13.04
3 Months Target Price: 18$

Company Description
New York Community Bancorp Inc. is a bank holding company and a producer of multi-family mortgage loans in New York City, with an emphasis on apartment buildings that feature below-market rents. It has two bank subsidiaries: New York Community Bank (the Community Bank), a thrift with 242 branches serving customers throughout Metro New York, New Jersey, Ohio, Florida, and Arizona, and New York Commercial Bank (the Commercial Bank), with 34 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York. The Community Bank operates through seven local divisions: Queens County Savings Bank in Queens; Roslyn Savings Bank on Long Island; Richmond County Savings Bank on Staten Island; Roosevelt Savings Bank in Brooklyn; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. Similarly, the Commercial Bank operates 17 of its branches under the divisional name Atlantic Bank.


Confidence Margins
Strong resistance $19.33 (+20%)
Light resistance $17.86 (+11%)
Light support $16.06 (-1%)
Strong support $15.45 (-4%)

Recommendation
As many companies during earnings season this quarter, New York Community Bancorp, Inc. came short of what analysts were expecting, sending the shares plunging. This is a good entry point for the quarter as more economic news will state that conditions are improving.

Entry strategy
For the cautious investor:
Buy the stock for 16.50$ or less.

For the risk-taking trader:
The July 2011 17$ out-of-the-money call option contract seems to be the right position to take, they can be acquired for about 25$ per contract.

Exit Strategy
For the cautious investor:
Sell when the stock reaches 18$, or keep it until 19$ if you are more bullish in your own analysis.

For the risk-taking trader:
The contracts should be kept until the underlying reaches around 18$. This should provide a satisfactory return if the underlying reaches the target price as the contracts will get in the money.