Barrons Blessing for AbbVie, Vantiv, Sirius XM

Bull Market on Wall Street

Congrats for those companies.

This past weekend the writers of Barrons gave a bullish recommendation for Sirius XM (SIRI), Vantiv (VNTV), and AbbVie (AABV).

Mastery expects all three stocks to benefit from the publication.  AbbVie will most likely get the biggest bump after falling 2% on Friday. AbbVie could use the help as its stock is down 27% from its 12 month high.  To be honest we are not excited about these stocks but if you looking for trading ideas -- wah la!

Ticker Price 52 Wk-High 52 Wk-Low P/E EPS From 52wk High From 52wk Low
ABBV $55.70 $70.76 $45.50 50.68 1.10 -27.04% 18.75%
VNTV $35.64 $36.17 $28.45 56.81 0.63 -1.49% 21.06%
SIRI $3.68 $3.77 $2.98 52.57 0.07 -2.45%  --

As much as I enjoy my Sirius XM subscription I don't see crowds knocking down the doors to sign-up and buy radios that support Sirius. The latest earnings call they  reported a Q4 beat on top and bottom lines as subscribers grew to 27.3M total (up from prior year 25.6M).  Streaming video and podcasts are the future, not radio itself. I'd rather take a chance on Netflix (NFLX) and Amazon (AMZN) but both those stocks have run too far in 2015 already (29% and 20% YTD respectively).  

MASTERY Bottom Line (Flying Kick Style)

Our recommendation - Patience and wait for pullbacks. Which we hope is the case for Priceline this week.

Enjoy the stories from Barrons -- 

 

AbbVie: Big Pharma at a Discount Price

 


Sirius XM May Bulk Up Buybacks