Group items tagged

Shares of airlines across the board rose today after reports that capacity cutbacks may be the solution to waning profitability. The CEOs of Southwest and Delta were particularly vocal on the need for capacity paring.

Today Indian stock market is trading with more than 0.5 per cent growth.On morning at 10:50 am, the Sensex gained 158 points to 25,487 and Nifty gained 42 points to 7617 levels. Midcap and Smallcap stocks rose from 0.8 to 1.2 per cent. Realty stocks grows by 2.25 per cent. Auto shares rose 2 per cent and Capital goods rose 1 percent. Bank, IT, technical, consumer durables, metal stocks are strong by 0.5 per cent. Healthcare, Oil & Gas, Power shares also shows growth.FMCG stocks are under pressure. In Realty stocks, Indiabulls Real Estate, DLF, Oberoi Realty, HDIL, Delta Corp, Unitech rose from 3.3 to 2 per cent.

International package delivery service, FedEx, reduced its yearly earnings projection today, leading the transportation sector lower on claims of a sluggish economy with few signs of picking up.

The blue-chip Hang Seng Index plunged 300 points in the morning before a rally in Mainland markets helped erase most losses by mid-day. However selling pressure emerged in the afternoon.

These three companies appear to have the potential for major upsides either as a result of an upcoming event or a structural change ahead. There are a lot of bargain buys out there right now but not all are created equal. These three look as though they might be the cream of the crop.