Larsen & Toubro Ltd., the nation’s largest engineering company, declined for the first time in four days, paring its weekly gain to 6.4 percent. Japanese stocks may lag behind broader regional gains of as much as 30 percent in the next 12-18 months as oil price rises, according to Royal Bank of Scotland Group Plc. Jaiprakash Associates Ltd., a builder of roads and bridges, slid 2.2 percent.
The Bombay Stock Exchange Sensitive Index, or Sensex, was little changed at 18,486.45 at the 3:30 p.m. close in Mumbai. Sixteen stocks dropped and 13 gained on the measure. The gauge climbed 4.4 percent this week, the most since the five days ended Nov. 5. The S&P CNX Nifty Index on the National Stock Exchange rose 0.1 percent to 5,538.75, while its April futures settled at 5,568. The BSE 200 Index increased 0.1 percent to 2,266.33.
“Investor sentiment has improved due to the positive announcement in the budget on fiscal deficit, lower government borrowings and other economic reforms,” Kislay Kanth, head of research at Mape Securities Pvt., said by phone in Mumbai. “The rally is not going to continue at the same pace in the short term, though the long term looks good. The concern over inflation and oil prices due to the Middle East crisis is not fully over yet.”
Best Japanese Stocks To Watch 2013:Honda Motor Company Ltd. (HMC)
Honda Motor Co., Ltd., together with its subsidiaries, engages in the development, manufacture, and distribution of motorcycles, automobiles, and power products primarily in North America, Europe, and Asia. Its motorcycle line consists of business and commuter models, as well as sports models, including trial and moto-cross racing; all?terrain vehicles; personal watercrafts; and multi utility vehicles. The company also produces various automobile products, including passenger cars, minivans, multi-wagons, sport utility vehicles, and mini cars; and power products comprising tillers, portable generators, general-purpose engines, grass cutters, outboard marine engines, water pumps, snow throwers, power carriers, power sprayers, lawn mowers and lawn tractors, home-use cogeneration units, and thin film solar cells for home, public, and industrial uses. In addition, it sells spare parts and provides after sales services are through retail dealers, as well as offers retail lending and leasing to customers, and wholesale financing to dealers. The company was founded in 1946 and is based in Tokyo, Japan.Best Japanese Stocks To Watch 2013:Mitsubishi UFJ Financial Group Inc (MTU)
Mitsubishi UFJ Financial Group, Inc., together with its subsidiaries, provides various financial services to individual and corporate customers in Japan and internationally. Its Integrated Retail Banking Business Group segment comprises commercial banking, trust banking, and securities businesses. This segment offers a range of bank deposit products comprising a non-interest-bearing deposit account that is redeemable on demand; asset management and asset administration services, including savings instruments, such as current accounts, ordinary deposits, time deposits, deposits at notice, and other deposit facilities; trust products consisting of loan trusts and money trusts; and other investment products, such as investment trusts, performance-based money trusts, and foreign currency deposits. It also provides insurance products consisting of investment-type individual annuities, foreign currency-denominated insurance annuities, and yen-denominated fixed-amount annuity insurance; financial products intermediation services; and housing loans, card loans, and credit cards. The company?s Integrated Corporate Banking Business Group segment provides commercial banking, corporate and investment banking, transaction banking, trust banking, and securities services for large corporations, financial institutions, and sovereign and multinational organizations. Its Integrated Trust Assets Business Group segment offers asset management and administration services for products, such as pension trusts and security trusts. This segment provides a range of services to corporate and pension funds, including pension fund management and administration, advice on pension schemes, and payment of benefits to scheme members. The company?s Global Markets segment conducts asset liability management and liquidity management, and provides money markets, foreign exchange operations, and securities investment services. The company was founded in 1880 and is headquartered in Tokyo, Japan.Best Japanese Stocks To Watch 2013: (BRDCY)
Bridgestone Corporation, together with its subsidiaries, engages in the manufacture and sale of tires and rubber products in Japan and internationally. It offers tires and tire tubes for passenger cars, trucks, buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, and motorcycles, as well as large and ultralarge off-the-road radial tires. The company also provides wheels and accessories, retreading materials and services, automotive maintenance and repair services, tire raw materials, and automotive components. In addition, the company offers chemical and industrial products, such as functional chemical products, vehicle parts, polyurethane foam and related products, electronic precision parts, industrial materials-related products, civil engineering and construction materials and equipment, adhesive film for solar modules, electronic paper, and other products; sporting goods, including golf balls, golf clubs, and other sporting goods; and bicycles and bicycle-related goods. Further, it is involved in lending and purchasing of sales receivables, and outsourced processing of accounting and salary payments; and trading natural rubber. The company was founded in 1931 and is headquartered in Tokyo, Japan.Advisors' Opinion:
By McWillams At 2011-10-26
Bridgestone (BRDCY) sounds American but was founded in 1931 in Japan by Shojiro Ishibashi, whose last name translates to "stone bridge." The company makes most of its money from tires but is also known for golf balls and is dabbling in electronic paper (think Kindle, but flexible and in color). Stronger sales of cars returned Bridgestone to profitability last year, despite higher materials costs and a stronger yen, which makes Japanese exports more expensive to foreign buyers. For 2011, management projects an 11% rise in sales but a 17% decline! in prof its due to continued increases in material costs. Its profit estimate of 82 billion yen (about $1 billion) forecasts a net margin of just 2.6%, down from 3.5% last year. Shares sell for about 17 times that meager profit but less than eight times what the company earned back in 2005, when sales were stronger and commodity prices stable.
Best Japanese Stocks To Watch 2013:Caterpillar Inc. (CAT)
Caterpillar Inc. manufactures and sells construction and mining equipment, diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives worldwide. It operates through three lines of businesses: Machinery, Engines, and Financial Products. The Machinery business offers construction, mining, and forestry machinery, including track and wheel tractors, track and wheel loaders, pipelayers, motor graders, wheel tractor-scrapers, track and wheel excavators, backhoe loaders, log skidders, log loaders, off-highway trucks, articulated trucks, paving products, skid steer loaders, underground mining equipment, tunnel boring equipment, and related parts. It also manufactures diesel-electric locomotives; and manufactures and services rail-related products and logistics services for other companies. The Engines business provides diesel, heavy fuel, and natural gas reciprocating engines for Caterpillar machinery, electric power generation systems, marine, petroleum, construction, industrial, agricultural, and other applications. It offers industrial turbines and turbine-related services for oil and gas, and power generation applications. This business also remanufactures Caterpillar engines, machines, and engine components; and offers remanufacturing services for other companies. The Financial Products business provides retail and wholesale financing alternatives for Caterpillar machinery and engines, solar gas turbines, and other equipment and marine vessels, as well as offers loans and various forms of insurance to customers and dealers. It also offers financing for vehicles, power generation facilities, and marine vessels. The company markets its products directly, as well as through its distribution centers, dealers, and distributors. It was formerly known as Caterpillar Tractor Co. and changed its name to Caterpillar Inc. in 1986. Caterpillar Inc. was founded in 1925 and is headquartered in Peoria, Illinois.Advisors' Opinion:
By Dave Friedman At 2011-9-22!
The shares closed at $91.37, up $1.56, or 1.74%, on the day. They have traded in a 52-week range of $63.34 to $116.55. Volume today was 10,450,473 shares, against a 3-month average volume of 9,960,260 shares. Its market capitalization is $59.03billion, its trailing P/E is 15.11, its trailing earnings are $6.05 per share, and it pays a dividend of $1.84 per share, for a dividend yield of 2.00%. About the company: Caterpillar Inc. designs, manufactures, and markets construction, mining, agricultural, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.
By Sam Collins At 2011-9-11
Caterpillar (NYSE:CAT) is the world’s largest producer of construction and mining equipment, diesel and natural gas engines, and industrial gas turbines. The stock has been in a bull market since the market bottomed in March 2009. CAT was one of our Top Stocks to Buy for December because of its position as a major supplier to the third world and China. The company should also be a beneficiary of orders from Japan due to the damage from earthquakes and the tsunami.
Revenues in 2011 are expected to increase by 36%, according to S&P, and margins are expected to increase, as well. Earnings for 2012 are forecast at $9.10, up from $7.50 this year, and S&P has a target of $142 over the next 12 months.
Technically CAT has strong support at $95 and currently appears to be oversold, according to Moving Average Convergence/Divergence (MACD). If it is able to hold at the support line, look for a rally to $110 within 30 days. Longer term the stock could trade north of $125.
By Jim Cramer At 2011-9-7
this stock could be a monster in 2011, especially with the integration of Bucyrus (BUCY), which I think will turn out to be a fantastic acquisition. Estimates, currently showing EPS at about $6, I think are way, way too low. I see this stock going to $120 in the next year. Too gutsy? Ask yourself what happens if the United States comes back as a growth nation. Right now almost all of the growth is overseas. Still a fantastic mineral play and a terrific call on world growth.
By Jim Cramer,TheStreet At 2011-9-7
Caterpillar (CAT) could be a monster in 2011, especially with the integration of Bucyrus International (BUCY), which I think will turn out to be a fantastic acquisition.
Current earnings-per-share estimates of about $6 are, I think, way too low. I see this stock going to $120 in the next year. Too gutsy? Ask yourself what happens if the United States comes back as a growth nation? Right now almost all of the growth is overseas.
Still a fantastic mineral play and a terrific call on world growth.
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