(Photo credit should read ASIF HASSAN/AFP/Getty Images)
After beating India in equity markets, Pakistan beat India in another metric recently: Geopolitics.
The country’s leaders have skillfully leveraged Pakistan’s strategic geographic location to extract a series of benefits from America and China.
In fact, the performance of Pakistan’s equity markets and geopolitics isn’t reflective of their independence from each other. Geopolitics has been, and will be, a major driver for the country’s financial markets.
Top 5 Casino Stocks To Buy Right Now: Kinder Morgan, Inc.(KMI)
- [By Roberto Pedone]
One energy player that insiders are buying up a huge amount of stock in here is Kinder Morgan (KMI), which owns interests in an energy transportation and storage company. Insiders are buying this stock into modest strength, since shares are up 2.4% so far in 2013.
Kinder Morgan has a market cap of $37.5 billion and an enterprise value of $71 billion. This stock trades at a premium valuation, with a trailing price-to-earnings of 37.94 and a forward price-to-earnings of 23.03. Its estimated growth rate for this year is 153.1%, and for next year it’s pegged at 26.6%. This is not a cash-rich company, since the total cash position on its balance sheet is $1.02 billion and its total debt is a whopping $35.60 billion. This stock currently sports a dividend yield of 4.2%
The CEO and chairman of the board just bought 500,000 shares, or about $17.86 million worth of stock, at $35.74 a share.
From a technical perspective, KMI is currently trending below both its 50-day and 200-day moving averages, which is bearish. This stock has been downtrending for the last two months, with shares moving lower from its July high of $40.03 a share to its recent low of $34.82 a share. During that downtrend, shares of KMI have been making mostly lower highs and lower lows, which is bearish technical price action.
If you’re bullish on KMI, then I would look for long-biased trades as long as this stock is trending above its 200-day at $36.97, and then once takes out some near-term overhead resistance levels at 50-day at $37.80 a share to more resistance at $38.29 a share with high volume. Look for a sustained move or close above those levels with volume that hits near or above its three-month average action of 4.91 million shares. If we get that move soon, then KMI will set up to re-test or possibly take out its next major overhead resistance levels at $40.03 to $41.06 a share.
- [By Sarfaraz Khan]
Also note that Berkshire Hathaway has direct exposure to the US energy sector through its subsidiary Berkshire Hathaway Energy, which is a power company that also owns two interstate natural gas pipelines. Besides, Berkshire Hathaways stock portfolio also has some exposure to the energy sector. The company owns 80.7 million shares of Phillips 66 (NYSE:PSX), a major US-based refiner that is also expanding in the midstream space, valued at almost $7 billion. Phillips 66 represents more than 5% of Berkshire Hathaways stock portfolio. The conglomerate also owns 20 million shares of the pipeline giant Kinder Morgan (NYSE:KMI), valued at $414.2 million. These energy companies are positioned to benefit from Donald Trumps pro-energy policies and de-regulation.
- [By Dimitra DeFotis]
In a nutshell: Hedgeye says investors should worry more about Kinder’s pipeline maintenance and spending therein. And it says Kinder’s exploration and production business, while small, is NOT a pipeline enterprise and valuation should reflect that.Moreover, Hedgeye says it thinks Kinder Morgans strategy is to “starve its pipelines and related infrastructure of routine maintenance spending” so that it can maximize distributable cash flow and payments to the general partner, Kinder Morgan(KMI). As a structure,MLPs pay out most of their cash flow as tax-deferred distributions to investors in their “units,” as shares are called.
- [By WWW.THESTREET.COM]
Kinder Morgan (KMI) : “They are OK now, but there are better ones.”
Read — for free — what Cramer is telling his investment club members: Buy stocks that Trump is slamming on Twitter.
- [By Ben Levisohn]
Kinder Morgan (KMI) fell 2.8% to $36.01 today, one day after Hedgeye released its report on the company.
PVH (PVH) dropped 1.5% to $22.80, a day after falling 5.6% on disappointing earnings, after a Citigroup analyst said its no longer one of her top picks.
Top 5 Casino Stocks To Buy Right Now: ONEOK Partners L.P.(OKS)
- [By Garrett Cook]
Citi maintains Buy ratings on Targa Resources (NYSE: TRGP), ONEOK (NYSE: OKE) and Oneok Partners (NYSE: OKS) citing the companies stories around natural gas liquids (NGLs).
Top 5 Casino Stocks To Buy Right Now: region(DGLD)
- [By Jim Robertson]
The VelocityShares 3x Inverse Gold ETN (NASDAQ: DGLD) seeks to provideshort exposure to three times (3x) the daily performance of theS&P GSCI Gold Index. As with UGLD, DGLD would be doing this viafutures contracts.
Top 5 Casino Stocks To Buy Right Now: CenturyLink, Inc.(CTL)
- [By Ben Levisohn]
A rumored merger with CenturyLink (CTL) sent Level 3 Communications (LVLT) soaring to the top of the S&P 500 today.
Shares of Level 3 Communications climbed 11% to $51.87 today, even as the S&P 500 declined 0.3% to 2,133.04. CenturyLink didn’t perform too badly, either: It gained 9.7% to $31.
Wells Fargo’s Jennifer Fritzsche explains why a deal between Level 3 and CenturyLink makes sense:
WSJ reportingCenturyLink andLevel 3 are in advanced merger negotiations. While we do not know if true, it looks likeCenturyLink would be the buyer. This makes sense to us. As we wrote in our 7/14 note titled ” Sale Probably Unlikely, But Case For Interest Can Be Made”, we believe aLevel 3 merger or purchase could make sense for a telecom carrier looking to deepen its fiber presence both inside and outside of its network.CenturyLink does not have wireless and it has a less robust fiber footprint than some of its peers. We believeCenturyLink is motivated to be aggressive with its fiber push to keep up with the competition. The addition ofLevel 3 helps it do this. (We note that neither management team has commented on the speculation in the news.)
While we do not know how this would look post deal, we believe there could be significant cost synergies and revenue synergy opportunities. On the cost side, G&A as well as special access come to mind (CenturyLink is a net receiver of Special Access and Level 3is a net payer). While both companies generate significant free cash flow, most of CenturyLink’s is tied up in the dividend (Level 3 does not pay a dividend and has a FCF yield of 6.4%). One of our worries aboutCenturyLink has been a looming tax bill–recall Level 3 brings with it $10B in net operating losses.
BOTTOM LINE: Even in the news of this past week (AT&T (T)/Time Warner (TWX)),CenturyLink has likely had to think about its competitive positioning in a differen
- [By Benzinga News Desk]
On Thursday afternoon, Wall Street Journal reported that CenturyLink (NYSE: CTL) was in advanced talks to merge with Level 3 Communications (NYSE: LVLT). Back on July 13, Benzinga Pro reported Level 3 was reviewing strategic alternatives.
- [By Ben Levisohn]
The 20 stocks meeting those requirements are: Ralph Lauren (RL), Time Warner(TWX), Twenty-First Century Fox(FOXA), PepsiCo(PEP), Estee Lauder(EL), Tesoro(TSO), XL(XL), Ameriprise Financial,(AMP), Unum(UNM), Merck(MRK), AbbVie(ABBV), Gilead Sciences(GILD), General Dynamics(GD), Alaska Air(ALK), United Continental(UAL), Delta Air Lines(DAL), Oracle(ORCL), eBay(EBAY), Apple(AAPL), and Centurylink(CTL).
- [By WWW.MONEYSHOW.COM]
Originally a rural telecom, CenturyLink (CTL) has grown via acquisitions to become a major provider of broadband, voice, video, and data.
It now provides services residential and business customers over a 250,000-route-mile US fiber network and a 300,000 mile international network.
Top 5 Casino Stocks To Buy Right Now: Brookfield Renewable Powerr Fund(BEP)
- [By Federico Zaldua]
I expect the Brookfield Group of Companies, which is composed of no fewer than 15 publicly traded entities, to be very active acquisitive in the near-term future. Here I focus my attention on three members of the Brookfield Group that are going to be the most active with M&A. While Brookfield Asset Management (BAM) will concentrate its M&A efforts into all geographies and all asset classes, Brookfield Renewable Energy Partners (BEP) and Brookfield Infrastructure Partners (BIP) will concentrate on their respective industries. Let’s see whether you should go long on any of this separate -although related – entities.
Good Operational Performance
Brookfield Asset Management, held by Lou Simpson and Ron Baron, counts with a liquidity position of more than $5 billion at the parent and principal subsidiaries along with nearly $10 billion drawable private fund commitments. More importantly, the company has expressed its interest into using this liquidity to make acq uisitions. Management clearly stated in its letter to shareholders: