Merck (MRK) will release its Q3 2013 earnings on October 28, and the results will reflect the impact of growing competition and adverse currency movements. On a broader level, the company is facing similar problems as the rest of the pharmaceutical industry. The R&D (research and development) productivity has declined over the years, and the strategy of developing drugs for major diseases is not working. The landscape of the global pharmaceutical industry is shifting toward more niche, innovative and genetically targeted medicines. In addition, Merck is suffering from the loss of patent exclusivity for some of its major drugs and may look for acquisitions of some promising medicines to offset the failure of some of its research projects. Let's take a more detailed look at what to expect from the company's upcoming earnings.
Generic Competition Will Continue To Weigh On Revenue Growth
Merck is facing tremendous competition from low priced generics due to patent expiry of its several major drugs including Singulair, Propecia, Clarinex, Maxalt, Cozaar and Hyzaar. Out of these, asthma drug Singulair has had the biggest impact and has continually weighed on Merck's growth for the past few quarters. Worldwide sales of Singulair, a once-a-day oral medicine for chronic treatment of asthma and relief of symptoms of allergic rhinitis, stood at $5.5 billion for 2011. [1] However, this figure declined to $3.85 billion in 2012 following its patent expiry in August same year. [1] Merck expects that within two years following the patent expiration, it will lose substantially all U.S. sales of Singulair, with most of those declines coming in the first year. In the first half of 2013, the drug's sales dropped by a whopping 78%. [1]
10 Best Low Price Stocks To Watch For 2015: Lennox International Inc (LII)
Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. Its products and services are sold through multiple distribution channels under brand names, including Lennox, Armstrong Air, Ducane, Bohn, Larkin, Advanced Distributor Products, Service Experts and others. The Company operates in four segments: Residential Heating & Cooling, Commercial Heating & Cooling, Service Experts, and Refrigeration. On January 14, 2011, the Company acquired Kysor/Warren business from The Manitowoc Company. Kysor/Warren is a manufacturer of refrigerated systems and display cases for supermarkets throughout North America and is included in its Refrigeration Segment. In April 2012, it sold its Lennox Hearth Products business to Comvest Investment Partners IV.
Residential Heating & Cooling
The Company manufactures and markets a range of furnaces, air conditioners, heat pumps, packaged heating and cooling systems, and accessories. These products are available in a range of designs, and at a range of price points, and provide a range of home comfort systems. Its advanced distributor products (ADP) operation builds evaporator coils and air handlers under the Advanced Distributor Products brand, as well as the Lennox, brand. ADP sells their own ADP branded evaporator coils to HVAC distribution, comprising over 400 wholesale distributors across North America, as well as, a range of evaporator coils for Allied Air Enterprise.
The Company�� hearth products include factory-built gas, wood-burning and electric fireplaces; free standing wood-burning, pellet and gas stoves; wood-burning, pellet and gas fireplace inserts; gas logs, venting products and accessories. Its fireplaces are built with a blower or fan option. It markets its hearth products under the Lennox, Superior, Country Collection and Security Chimneys brand names.
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The Company competes with United Technologies Corp., Goodman Global, Inc., Ingersoll-Rand plc, Paloma Co., Ltd., Johnson Controls, Inc., Daiken, Nordyne, HNI Corporation and Monessen Hearth Company.
Commercial Heating & Cooling
In North America, the Company manufactures and sells unitary heating and cooling equipment used in light commercial applications, such as low-rise office buildings, restaurants, retail centers, churches and schools. Its product offerings for these applications include rooftop units ranging from 2 to 50 tons of cooling capacity and split system/air handler combinations, which range from 1.5 to 20 tons of cooling capacity. These products are distributed through commercial contractors and directly to national account customers.
In Europe, the Company manufactures and sells unitary products, which range from 2 to 70 tons of cooling capacity, and applied systems with up to 200 tons of cooling capacity. Its European products consist of small package units, rooftop units, chillers, air handlers and fan coils, which serve medium-rise commercial buildings, shopping malls, other retail and entertainment buildings, institutional applications and other field-engineered applications. It manufactures heating and cooling products in several locations in Europe and markets these products through both direct and indirect distribution channels in Europe, Russia, Turkey and the Middle East.
The Company competes with United Technologies Corp., Ingersoll-Rand plc, Johnson Controls, Inc., AAON, Inc. and Daikin Industries, Ltd.
Service Experts
The Company sells a range of its manufactured equipment, parts and supplies, and third-party branded products. It also has Lennox National Account Services business, which is providing service and preventive maintenance to commercial national account customers. It uses a portfolio of management procedures and practices, including standards for customer service, common informa! tion tech! nology systems and financial controls, a national accounting center and an inventory management program.
The Company competes with Direct Energy, Sears and American Residential Services.
Refrigeration
The Company manufactures and markets equipment for the global commercial refrigeration markets under the Heatcraft Worldwide Refrigeration name. It sells these products to distributors, installing contractors, engineering design firms, original equipment manufacturers and end-users. Its commercial refrigeration products for the North American market include condensing units, unit coolers, fluid coolers, air-cooled condensers, compressor racks and air handlers. These products are sold for refrigeration applications to preserve food and other perishables, and are used by supermarkets, convenience stores, restaurants, refrigerated warehouses and distribution centers. As part of the sale of commercial refrigeration products, it provides application engineering for consulting engineers, contractors and others. It also sells products for non-food and various industry applications, such as telecommunications, dehumidification and medical applications.
In international markets, the Company manufactures and markets refrigeration products, including condensing units, unit coolers, air-cooled condensers, fluid coolers, compressor racks and industrial process chillers. The Company has manufacturing locations in Germany, France, Brazil and China. In Australia and New Zealand, it is a wholesale distribution business serving the refrigeration and HVAC industry. It also owns a 50% interest in a joint venture in Mexico, which produces unit coolers, air-cooled condensers, condensing units and compressor racks. It also owns an 8% stock interest in a manufacturer in Thailand, which produces compressors for use in its products and for other HVACR customers.
The Company competes with Hussman Corporation, Emerson Electric Co., United Technologies Corp., GEA Group,! Alfa Lav! al and Sanyo Electric Co., Ltd.
Advisors' Opinion:- [By Monica Gerson]
Lennox International (NYSE: LII) is projected to report its Q3 earnings at $1.28 per share on revenue of $877.87 million.
ManpowerGroup (NYSE: MAN) is expected to report its Q3 earnings at $1.08 per share on revenue of $5.08 billion.
- [By Greg Williamson]
Watsco's current P/E of 24.5 is in the same ballpark as its competitor Lennox International (NYSE: LII ) (NYSE: LII ) (NYSE: LII ) , whose P/E is 23.8. Lennox is a manufacturer of HVAC equipment and components, and will also benefit from HVAC industry tailwinds.
10 Best Low Price Stocks To Watch For 2015: Crestwood Midstream Partners LP (CMLP)
Crestwood Midstream Partners LP engages in gathering, compressing, treating, processing, and transporting natural gas primarily on the Barnett Shale formation of the Fort Worth Basin in north Texas. The company conducts its operations through its Cowtown System, Lake Arlington Dry System, and Alliance Midstream Assets, as well as the Fayetteville Shale and the Granite Wash plays. As of December 31, 2010, it managed approximately 500 miles of natural gas gathering pipelines. Crestwood Gas Services GP LLC serves as the general partner of Crestwood Midstream Partners LP. The company was formerly known as Quicksilver Gas Services LP and changed its name to Crestwood Midstream Partners LP in October 2010. Crestwood Midstream Partners LP was founded in 2004 and is based in Houston, Texas. Crestwood Midstream Partners LP is a subsidiary of Crestwood Gas Services Holdings LLC.
Advisors' Opinion:- [By Eric Volkman]
Crestwood Midstream Partners (NYSE: CMLP ) is boosting its presence in the West with a new acquisition. The company today announced it has reached agreement to purchase a 50% stake in Jackalope Gas Gathering Services from privately held RKI Exploration & Production. The price is roughly $108 million.
- [By Aimee Duffy]
With Kinder Morgan's acquisition of Copano Energy officially in the bag, all eyes are on the newest big deal in the midstream world: the merger of Crestwood Midstream Partners (NYSE: CMLP ) and Inergy (NYSE: CEQP ) . In this video, Fool.com contributor Aimee Duffy takes a look at this $7 billion deal, and explains what the ownership structure looks like at the new, yet-to-be-named entity.
- [By Matt DiLallo]
Inergy (NYSE: NRGY )
With operations that include a natural gas storage business as well as natural gas liquids assets, Inergy is another MLP to consider if you are on the lookout for a dividend-paying stock. There are a lot of moving parts with this company, which makes it an interesting stock to watch. The company, along with its affiliate Inergy Midstream (NYSE: NRGM ) , is in the process of merging with Crestwood Midstream Partners (NYSE: CMLP ) to create a company boasting increased size, scale, and diversity, as you can see below. Once the transformational transaction is complete, the company can pursue its opportunity-rich organic growth projects which should drive both returns and income growth for investors. - [By Paul Ausick]
This deal follows three midstream transactions already this month. Regency Energy Partners LP (NYSE: RGP) will acquire PVR Partners LP (NYSE: PVR) for $5.6 billion, Crestwood Midstream LP (NASDAQ: CMLP) will acquire Arrow Midstream LLC for $750 million, and Buckeye Partners LP (NYSE: BPL) will pay $650 million to Hess Corp. (NYSE: HES) for 20 petroleum products terminals along the East Coast.
Top 10 Tech Stocks To Own Right Now: Outerwall Inc (OUTR)
Outerwall Inc, formerly Coinstar, Inc., incorporated on October 12, 1993, is a provider of automated retail solutions, which offers convenient products and services. the Company's offerings in automated retail include its Redbox business, where consumers can rent or purchase movies and video games from self-service kiosks (Redbox segment), and its Coin business, where consumers can convert their coin to cash or stored value products at self-service coin counting kiosks (Coin segment). Its New Ventures business (New Ventures segment) is focused on identifying, evaluating, building, and developing self-service concepts in the marketplace. On June 9, 2011, the Company completed the sale transaction of the Money Transfer Business to Sigue Corporation (Sigue). In June 2012, the Company�� wholly owned subsidiary, Redbox Automated Retail, LLC, acquired certain assets of NCR Corp's self-service entertainment DVD kiosk business. In October 2013, Jana Partners LLC acquired a 13.5% stake in Outerwall Inc.
Redbox
Within the Company�� Redbox segment, it operates 35,400 Redbox kiosks, in 29,300 locations, where consumers can rent or purchase movies and video games. Its Redbox kiosks are available in every state, as well as Puerto Rico and are installed at grocery stores, mass retailers, drug stores, restaurants and convenience stores, including Walgreens, Walmart and McDonalds. Its Redbox kiosks supply the functionality of a traditional video rental store, which occupy an area of less than 10 square feet. Consumers use a touch screen to select their titles, swipe a valid credit or debit card, and receive their movie or video game. The daily rental fee at a Redbox kiosk is a flat fee plus tax for one daily rental and, if the consumer chooses to keep the movie or video game for additional days, the consumer is charged for each additional day at the same daily rental fee. Its consumers can rent a movie or video game from one location and return their rental to any of its Redbox locations.! In addition, its consumers may reserve a movie or video game online or through a smart phone application and pick it up at the selected Redbox location.
The Company generates revenue through fees charged to rent or purchase a movie or video game, and it pays retailers a percentage of its revenue. Its content library consists of movies and video games available for rent or purchase. It obtains its movie and video game content through revenue sharing agreements and license agreements with studios and game publishers, as well as through distributors and other suppliers.
Coin
As of December 31, 2011, within the Company�� Coin segment, it owned and operated approximately 20,200 coin-counting kiosks (approximately 17,200, of which offer a range of stored value products to consumers) in 19,900 locations, where consumers feed loose change into the kiosks, which count the change and then dispense vouchers or, in some cases, issue stored value products, at the consumer�� election. Its Coin kiosks are available across the United States, where they provide service to retailers, such as Kroger and Walmart, and in Canada, Puerto Rico, Ireland and the United Kingdom. It generates revenue through transaction fees from its consumers and product partners. Each voucher lists the dollar value of coins counted, less its transaction fee. When consumers elect to have a stored value product issued, the transaction fee normally charged to the consumer is charged instead to the card issuers for the coin-counting services.
New Ventures
Within the Company�� New Ventures segment, it identifies, evaluates, builds and develops self-service concepts in the automated retail space. Its New Ventures segment consists of its coffee, refurbished electronics and photo self-service concepts. It generates revenue through fees charged for products and services offered to consumers in select test markets where it is testing business concepts.
Advisors' Opinion:- [By Rick Munarriz]
Even Outerwall (NASDAQ: OUTR ) -- the only company posting year-over-year growth in the DVD renting business -- is expected to post a sharp sequential decline in its Redbox business when it reports on Thursday. There is seasonality here.
10 Best Low Price Stocks To Watch For 2015: Euromedis Groupe SA (EMG)
Euromedis Groupe SA is a France-based company that specializes in the design, manufacture, distribution, rental and export of medical and surgical equipment and products, and services for medical home care for hospitals, clinics, retirement homes, physicians, pharmacies, and individuals. The Company's product portfolio include products, such as syringes and needles; surgical equipment, such as catheters, instrumentation and compresses; gloves; hygiene products, comprising disposable clothing, masks and paper towel products, and pharmaceutical equipment, offering cotton wool and thermometers. Euromedis Groupe SA exports its products to Europe and Africa. Advisors' Opinion:- [By Inyoung Hwang]
Man Group Plc (EMG) advanced 3.6 percent to 85.85 pence. The world�� largest publicly traded hedge-fund manager posted its first quarterly net inflows in two years as clients added money to funds at its GLG Partners unit. Sales of Man Group�� funds totaled $4.1 billion in the third quarter, exceeding $3.4 billion of redemptions.
10 Best Low Price Stocks To Watch For 2015: National Oxygen Ltd (NOL)
National Oxygen Limited (NOL) is an India-based company, which is a producer and supplier of industrial gases both in liquid and gaseous forms to industries and hospitals. Its products include oxygen, nitrogen and acetylene. The Company operates in two segments: Industrial Gases, which is engaged in the manufacture of industrial gases, and Windmill, which is engaged in the generation of windmill energy. During the fiscal year ended March 31, 2012 (fiscal 2012), the Company produced 51,07,981 cubic meters of oxygen, 52,138 cubic meters of dissolved acetylene, 30,69,610 cubic meters of nitrogen and 26,86,762 kilowatt hours of windmill energy. It has two industrial gas plants in Tamil Nadu and Pondicherry, and one windmill in Maharashtra. During fiscal 2012, NOL had an installed capacity to produce 2,50,00,000 cubic meters of oxygen, 2,00,000 cubic meters of dissolved acetylene and 44,00,000 kilowatt hours of windmill energy. Advisors' Opinion:- [By John Emerson]
Another huge benefit which was imbedded in the value of RTEC was the tens of millions of net operating losses (NOL) that the company had accrued as a result of the massive accrual losses it would sustain during the credit crisis. These benefits were not reflected on the balance sheet but they would translate into tens of millions of dollars in income tax savings when the company eventually returned to profitability.
10 Best Low Price Stocks To Watch For 2015: Autodesk Inc.(ADSK)
Autodesk, Inc. provides design software and services to customers worldwide. Its Platform Solutions and Emerging Business segment offers AutoCAD software, a customizable and extensible computer-aided design (CAD) application for professional design, drafting, detailing, and visualization in fields ranging from construction to manufacturing, civil engineering, and process plant design; and AutoCAD LT, a professional drafting and detailing software that includes document sharing capability. The company?s Architecture, Engineering and Construction segment offers Autodesk Revit products, which provide model-based design and documentation system for architects, structural engineers, and design-build teams, as well as mechanical, electrical, and plumbing engineers; AutoCAD Civil 3D products, which provide a surveying, design, analysis, and documentation solution for civil engineering; AutoCAD Architecture software that includes architecture industry-specific tools to improve co ordination; and AutoCAD Map 3D software, which provides direct access to data needed for infrastructure planning, design, and management activities. Autodesk, Inc.?s Manufacturing segment?s products comprise Autodesk Inventor, which offers engineers a set of tools for 3D mechanical design, simulation, analysis, tooling, visualization, and documentation; AutoCAD Mechanical software that accelerates the mechanical design process; and Autodesk Moldflow, which provides tools that help manufacturers optimize the design of plastic parts and injection molds, and study the injection molding process. Its Media and Entertainment segment offers animation products that provide tools for digital sculpting, modeling, animation, effects, rendering, and compositing; and creative finishing products that provide editing, finishing, and visual effects design and color grading. The company also offers design and creation suites. Autodesk, Inc. was founded in 1982 and is headquartered in San R afael, California.
Advisors' Opinion:- [By Damian Illia]
In order to answer these interrogations, I will look into Nuance and Autodesk (ADSK), and try elucidate which one stands as the most appealing investment opportunity.
- [By Markus Aarnio]
Autodesk (ADSK) operates as a design software and services company worldwide. Its Platform Solutions and Emerging Business segment offers AutoCAD software.
- [By Benjamin Pimentel]
Shares of Autodesk Inc. (ADSK) �also rallied more than 3% after the design-software company announced Wednesday that it was acquiring Graitec�� Advance Steel and Advance Concrete product lines.
- [By gurujx]
Autodesk (ADSK) Reached the 52-Week High of $45.25
Autodesk has a market cap of $10.09 billion; its shares were traded at around $45.25 with a P/E ratio of 41.80 and P/S ratio of 4.55. Autodesk, Inc. had an annual average earnings growth of 5.20% over the past 10 years.
10 Best Low Price Stocks To Watch For 2015: Firstin Wireless Technology Inc (FINW)
Firstin Wireless Technology, Inc., formerly Passionate Pet, Inc., incorporated on September 30, 2010, is a mobile service provider. The Company is a software-based mobile service provider that enables enterprises and business users to make affordable and business-quality international long distance and roaming calls over its hybrid mobile VoIP (HY-mVoIPTM) technology. Its service does not replace a user�� existing wireless service, it augments it with global communication capabilities. The Company's application is free to download, and is available on Apple iPhone, Blackberry and Android smartphones.
The Company provides international long distance and roaming services to enterprises and business travelers over smartphones. Business users need to download the Firstin application onto their smartphones to allow them to place and receive international long distance and roaming calls from anywhere in the world for a fixed monthly fee and unlimited usage. The Company intends to revolutionize business mobile communications by spearheading the enterprise mobile VoIP revolution allowing for anywhere, anytime, business-quality and low-cost voice and data communications over smartphones.
Advisors' Opinion:- [By Peter Graham]
A look at SofTech, Inc�� financials reveals revenues of $1,375k (most recent reported quarter), $1,558k, $1,458k and $1,772k for the past four quarters along with net losses of $266k (most recent reported quarter), $51k and $14k and net income of $252k. At the end of August, SofTech, Inc had $828k in cash to cover $2,717k in current liabilities and $5,445k in total liabilities. Given the recent Asset Purchase Agreement and the deal with lenders, it would be good to wait for some more financials to see how SofTech, Inc�� balance sheet has improved.
Firstin Wireless Technology Inc (OTCMKTS: FINW) Has Been Quiet Since FebruarySmall cap Firstin Wireless Technology is a mobile communications company that is leading the shift to the enterprise mobile VoIP revolution through its mobile telephony platform and apps, including a flagship Firstin solution that allows for anywhere, anytime mobile communications at significant cost reductions. On Friday, Firstin Wireless Technology closed at $0.255 for a market cap of $8.57 million plus FINW is down 3,087.5% over the past year and down 78.7% since August 2011 according to Google Finance.
- [By Peter Graham]
Small cap stocks Bonamour Inc (OTCBB: BONI), Firstin Wireless Technology Inc (OTCMKTS: FINW) and Microchannel Technologies Corp (OTCBB: MCTC) have been attracting attention from variosu investment newsletters lately with at least two of these stocks being the subject of paid promotions. Of course, there is nothing wrong with properly disclosed paid promotions or investor relation types of activities as its up to investors and traders alike to do their due diligence. So how hot are these small cap stocks? Here is a quick reality check that might cool your appetite:
10 Best Low Price Stocks To Watch For 2015: Matahari Department Store Tbk PT (LPPF)
PT Matahari Department Store Tbk operates as a multi-format retailer. The Company, based in Indonesia, operates as the Department Store division of Matahari Putra Prima. The Matahari Group is Indonesia's multi-format retailer with core retail businesses in fashion and household groceries businesses targeted for middle - upper middle consumers throughout the country. Advisors' Opinion:- [By Emma O��rien]
PT Matahari Department Store (LPPF), Indonesia�� largest retailer, climbed 7.7 percent to 14,000 rupiah after the stock was added to the MSCI Emerging Markets Index.
10 Best Low Price Stocks To Watch For 2015: Aristocrat Group Corp (ASCC)
ARISTOCRAT GROUP CORP. (AGC), incorporated on July 20, 2011, is a development-stage company. The Company has limited business operations. The development of its business has been limited to organizational matters, the preparation of its business plan, and the preparation of the financial statements and other information. Through Prenatal-Postpartum Supercare Centers, the Company is focused on to provide education services, health and fitness services, and emotional well-being spa services with the ability to purchase products designed especially for women who are in any phase of the childbearing process from planning a family through the newborn�� first year of life. As of July 25, 2011, the Company had not generated revenue.
The Company focused to engage certified childbirth educators and lactation consultants to provide on-site instructional services and educational expertise. Yoga Masters, licensed professional masseuses, nutritionists, licensed estheticians, as well as licensed professional therapists and certified fitness instructors will be engaged to provide their specific services. The Company is focused to offer a variety of educational and fitness and spa services with varying fees. The Company is focused to sell products designed for the expecting or new mother, as well as infant/toddler items. These products are focused to be sold through the Prenatal-Postpartum Supercare Center and on its Website, including maternity and infant products, nutritional, health and beauty products, and items regarding fitness and physical and emotional well-being. The Website focused to offer Education, Ask An Expert and On-line Communities (Chat Rooms)
The Company competes with R��Us, Toys R��Us, Wal-Mart, Curves for Women and Shapes for Women.
Advisors' Opinion:- [By CRWE]
Today, ASCC surged (+11.11%) up +0.060 at $.600 with 83,411 shares in play thus far (ref. google finance Delayed: 12:23PM EDT June 27, 2013).
As part of the big promotional push planned for the upcoming release of RWB Ultra-Premium Handcrafted Vodka, Luxuria Brands��he brand management division of the Aristocrat Group Corp. is investigating high-profile sponsorship opportunities in professional sports.
The company is gearing up to compete in the $21 billion U.S. spirits industry, in which many top brands grow their consumer loyalty with sports sponsorships.
10 Best Low Price Stocks To Watch For 2015: Move Inc.(MOVE)
Move, Inc., together with its subsidiaries, operates an online network of Websites for real estate search, finance, and moving and home enthusiasts in North America. The company operates REALTOR.com, a Web site that offers property listings and neighborhood profiles; and consumers information and tools designed to assist the customers in understanding the value of their home, preparing the home for sale, listing and advertising the home, home affordability, the offer process, applying for a loan, understand the mortgage options available, closing the purchase, and planning the move. REALTOR.com provides showcase listing enhancements; display ad products; and a series of template Websites primarily for agents and brokers. The company also offers 8i solution, a Web-based customer relationship management software application for real estate agents. In addition, it provides Market Snapshot and Market Builder products that allow real estate professionals to offer real-time mult iple listing services market updates and trend analysis to their online prospects and clients; and Move Rentals that displays rental listings. Further, the company provides graphical display advertisements, text links, sponsorships, and directories for advertisers for mortgage companies, home improvement retailers, moving service providers, and other consumer product and service companies. Additionally, it offers quotes from moving companies, truck rental companies, and self-storage facilities, as well as other move-related information on Moving.com Website. Move, Inc. also operates as an online real estate listing syndicator and provider of performance reporting solutions for the purpose of helping to drive an online advertising program for brokers, real estate franchises, and individual agents. The company was formerly known as Homestore, Inc. and changed its name to Move, Inc. in June 2006. Move, Inc. was founded in 1993 and is headquartered in Westlake Village, Californi a.
Advisors' Opinion:- [By Mark Holder]
Zillow (NASDAQ: Z ) is facing increasing pressure for the leadership position in the online real estate marketplace. The recent purchase of Market Leader by Trulia (NYSE: TRLA ) places it in a more comparable position based on revenue. Move (NASDAQ: MOVE ) continues to make long-needed enhancements to realtor.com, but it has fallen far behind the monthly unique users, or MUUs, of Zillow and Trulia.�
- [By John Udovich]
Small cap online real estate listings stock Trulia Inc (NYSE: TRLA)�jumped 8.52%�yesterday and has doubled since the start of the year, but insiders have been selling -�meaning its time to take a closer look at the stock along with the performance of peers like Zillow Inc (NASDAQ: Z) and Move Inc (NASDAQ: MOVE). So what should outside investors do with Trulia Inc?
- [By Sean Williams]
The first risk is clear as day. In addition to Trulia, Zillow (NASDAQ: Z ) and Move (NASDAQ: MOVE ) have found success over the past couple of quarters as the housing market has found a floor and inventory levels have dropped to multi-year lows. Zillow, for example, recently kicked off its first national TV ad campaign meant to boost its image and public awareness of the brand. With $179 million in cash and web traffic up 63% in its most recent quarter, there's a lot of reason to believe it'll give Trulia a run for its money. Similarly, Move witnessed its mobile app views jump by more than 100% from the previous year despite a tame 3% growth in website traffic. Simply put, if Trulia can't differentiate itself from Zillow and Move.com, it could be difficult to grow its top and bottom lines.
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