NEW YORK (TheStreet) -- Pandora (P) shares continued their downward spiral Wednesday falling 4.7% to $23.12 as of 11:35 a.m. New York time to extend its decline this week to 16%.
Pandora's drop is consistent with other high-momentum stocks, due to investor fears that the extended government shutdown augur badly for an agreement to a government debt.
Pandora shares have also been adversely affected by Bloomberg's Tuesday report that Apple (AAPL) is planning to launch iTunes Radio in overseas markets including the U.K., Canada and Oceania by early 2014. Pandora currently operates in the U.S., Australia and New Zealand, albeit with broadcasting restrictions depending on each country's laws.
Top 10 Retail Stocks To Invest In 2016: MercadoLibre Inc.(MELI)
MercadoLibre, Inc., together with its subsidiaries, hosts online commerce and payments platforms in Latin America. Its services are designed to provide its users with mechanisms to buy, sell, pay for, and collect on e-commerce transactions. The company principally offers MercadoLibre marketplace, an automated online commerce service, which permits businesses and individuals to list items and conduct their sales and purchases online in a fixed-price or auction-based format. Its MercadoLibre marketplace enables registered users to list and purchase motor vehicles, vessels, aircraft, real estate, and other services through online classified listings; and Internet users to browse through various products and services that are listed on its Website and to register with MercadoLibre to list, bid for, and purchase items and services. The company also provides MercadoPago, an integrated online payments solution to facilitate transactions on and off the MercadoLibre marketplace by providing a mechanism that allows its users to send and receive payments online. In addition, it offers MercadoClics advertising program that allows businesses to promote their products and services on the Internet. This program enables users and advertisers to place, display, and/or text advertisements on its Web pages to promote their brands and offerings. Further, the company provides MercadoShops on-line stores solution, a software-as-a-service, which allows users to set-up, manage, and promote their own on-line Webstores. As of December 31, 2010, the company operated online commerce platforms directed towards Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, Ecuador, Mexico, Panama, Peru, Uruguay, and Venezuela; online payments solutions directed towards Argentina, Brazil, Mexico, Venezuela, Chile, and Colombia; and a real estate classified platform that covers various areas in Florida. The company was founded in 1999 and is headquartered in Buenos Aires, Argentina.
Advisors' Opinion:- [By Brian Pacampara]
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, Latin American online auction operator MercadoLibre (NASDAQ: MELI ) has earned a respected four-star ranking.
- [By Paul Goodwin]
Paul Goodwin: Well, one stock I kind of like right now is called Mercado Libre (MELI), it's essentially the eBay of Latin America, and its stock has been in an uptrend for awhile, and I think there is great opportunity in Latin America.
- [By Roberto Pedone]
Mercadolibre (MELI) operates an online trading site for the Latin American markets. This stock closed up 7.1% at $128.50 in Monday's trading session.
Monday's Volume: 814,000
Three-Month Average Volume: 479,008
Volume % Change: 69%From a technical perspective, MELI ripped higher here right above its 50-day moving average of $117.07 with above-average volume. This move pushed shares of MELI into breakout territory, since the stock took out some near-term overhead resistance at $125.30. Shares of MELI are now quickly moving within range of triggering another big breakout trade. That trade will hit if MELI manages to take out some more near-term overhead resistance at $130.74 with high volume.
Traders should now look for long-biased trades in MELI as long as it's trending above $125 or $124 and then once it sustains a move or close above $130.74 with volume that's near or above 479,008 shares. If that breakout triggers soon, then MELI will set up to re-test or possibly take out its 52-week high at $136.52.
- [By Rudy Martin, Editor, Investing Insight]
The aggressive firm, Mercado Libre Inc. (MELI), has been firming its franchises in the various nations it serves, by customizing its various local services to conform to the prevailing cultures of the countries.
5 Best Up And Coming Stocks To Own Right Now: Hydrogenics Corp (HYGS)
Hydrogenics Corporation, incorporated on June 10, 2009, together with its subsidiaries, designs, develops and provides hydrogen generation and fuel cell products based on water electrolysis technology and proton exchange membrane (PEM) technology. The Company conducts its business through two business units: OnSite Generation, which focuses on hydrogen generation products for renewable energy, industrial and transportation customers, and Power Systems, which focuses on fuel cell products for original equipment manufacturers (OEMs) systems integrators and end users for stationary applications, including backup power, and motive applications, such as forklift trucks. The Company�� products include HySTAT hydrogen generation equipment in its OnSite Generation business and HyPM fuel cell products in its Power Systems business.
The Company maintains operations in Belgium, Canada and Germany. Its OnSite Generation business segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets. The Company�� Power Systems business segment is based in Mississauga, Canada, with a satellite facility in Gladbeck, Germany, and develops products for energy storage, stationary and motive power applications.
OnSite Generation
The Company�� OnSite Generation business segment, is based on water electrolysis technology, which includes the decomposition of water into oxygen (O2) and hydrogen gas (H2) by passing an electric current through a liquid electrolyte. Its brand includes HySTAT electrolyzer products, which is configured for both indoor and outdoor applications. Its OnSite Generation products are sold to merchant gas companies, such as Air Liquide and Linde Gas and end-users requiring hydrogen produced on-site for industrial applications. The Company also sells and services products for oil and gas companies, such as Shell Hydrogen, requiring hydrogen fueling stations for transportation applications.
Power Systems
The Company�� Power Systems business segment is based on PEM fuel cell technology, which transforms chemical energy liberated during the electrochemical reaction of hydrogen and oxygen into electrical energy. It also develops and delivers hydrogen generation products based on PEM water electrolysis, which can also be used to serve the energy storage markets. Its target markets include backup power for telecom and data centre installations and motive power applications, such as buses, trucks and utility vehicles. The Company�� Power Systems products are sold to original equipment manufacturers (OEMs), such as CommScope, Inc. (CommScope) to provide backup power applications for telecom installations and vehicle and other integrators for motive power, direct current (DC) and alternative current (AC) backup. In addition, its products are sold for prototype field tests. The Company also sells its Power Systems products to the military.
HySTAT Hydrogen Stations
HySTAT Hydrogen Stations offer an on-site supply of hydrogen for a range of hydrogen applications, including vehicle fuelling, distributed power, and a variety of industrial processes. It also provides spare parts and service for its entire installed base.
As of December 31, 2011, the Company offered its HySTAT Hydrogen Station in multiple configurations based on the amount of hydrogen required. This product is suitable for producing continuous or batch supplies of hydrogen for industrial processing applications and generates between 10 - 60 normal cubic meters per hour (Nm3/hr) of hydrogen.
HyPM Fuel Cell Products
The Company�� HyPM fuel cell products provide electrical power from clean hydrogen fuel. Its HyPM fuel cell products include HyPM Fuel Cell Power Modules, HyPX Fuel Cell Power Pack, Integrated Fuel Cell Systems and Engineering Development Services. Its HyPM power module runs on hydrogen and produces direct current (DC) power. This product! is suita! ble for a range of stationary, mobile and portable power applications. The HyPM XR model is targeted at backup power applications and the HyPMHD model is targeted at motive power applications. The Company�� HyPX Power Pack includes a HyPM power module integrated with hydrogen storage tanks and ultracapacitors that provide higher power in short bursts. Its integrated fuel cell systems are built around its HyPM power modules and used for portable and stationary applications, including portable and auxiliary power units for military applications and DC backup power system for cellular tower sites. The Company also enters into engineering development contracts with certain customers for new or custom products.
The Company competes with Air Liquide and Linde Gas.
Advisors' Opinion:- [By John Udovich]
Small cap hydrogen fuel stocks Hydrogenics Corporation (NASDAQ: HYGS), FuelCell Energy Inc (NASDAQ: FCEL), HyperSolar Inc (OTCMKTS: HYSR) and HydroPhi Technologies Group, Inc (OTCMKTS: HPTG) are some of the lesser known small caps that are�working with hydrogen fuel or hydrogen fuel cell related technology. I should say that small cap hydrogen stocks are not for risk adverse investors as there are considerable unanswered questions about hydrogen fuel related technology and whether it can be a viable green technology given the fueling infrastructure needed along with the�energy and expense involved in creating hydrogen�(Note: None of these small cap�stocks are profitable at ). But any new technology will pose the same types of risks for early stage investors���especially if its so-called green technology.�
- [By Paul Ausick]
Peers Plug Power Inc. (NASDAQ: PLUG), Ballard Power Systems Inc. (NASDAQ: BLDP), and Hydrogenics Corp. (NASDAQ: HYGS) have also shared in the stock price run-up. Any investor expecting more from FuelCell�� results was, perhaps, being irrationally exuberant.
5 Best Up And Coming Stocks To Own Right Now: Renesola Ltd.(SOL)
ReneSola Ltd, together with its subsidiaries, engages in the manufacture and sale of solar wafers and solar power products. It offers virgin polysilicons, monocrystalline and multicrystalline solar wafers, and photovoltaic cells and modules. The company also provides cell and module processing services. Its products are used in a range of residential, commercial, industrial, and other solar power generation systems. The company sells its solar wafers primarily to solar cell and module manufacturers. It principally operates in Mainland China, Singapore, Taiwan, Hong Kong, Korea, India, Australia, Germany, Italy, Spain, Belgium, France, the Czech Republic, and the United States. The company was founded in 2003 and is based in Jiashan, the People?s Republic of China.
Advisors' Opinion:- [By James Brumley]
Which solar power stocks are the proverbial picks of the litter, though? Here are the first five a newcomer might want to consider.
ReneSola Ltd. (SOL)While most solar stocks have done incredibly well so far in 2014, ReneSola (SOL) wasn’t one of them. In fact, SOL stock is a bit unusual in that it’s trading well under its October high of $6 per share. That’s not a bad thing, though. In fact, it may work to your advantage because it gives new buyers a chance to scoop up ReneSola shares at a bargain price before their next big run-up.
- [By Paul Ausick]
Provided that the Chinese government either encourages or permits consolidation, any of these three could be an acquirer. The likeliest target, of course, is SunTech Power Holdings Co. Ltd. (NYSE: STP), which is reorganizing and which the government has already seemed to give up on. Other possible targets include ReneSola Ltd. (NYSE: SOL) and JinkoSolar Holding Co. Ltd. (NYSE: JKS).
- [By Lauren Pollock var popups = dojo.query(".socialByline .popC"); popups.forEach]
Chinese solar-products company Renesola Ltd.(SOL) on Monday said it had appointed Daniel Lee as its chief financial officer, effective May 5. Mr. Lee will take over for Henry Wang, who is resigning May 4 for personal reasons, the company said.
5 Best Up And Coming Stocks To Own Right Now: Benefitfocus Inc (BNFT)
Benefitfocus, Inc., incorporated on March 12, 2013, is a provider of cloud-based benefits software solutions for consumers, employers, insurance carriers, and brokers. The Benefitfocus platform provides an integrated suite of solutions that enables its employer and insurance carrier customers to more efficiently shop, enroll, manage, and exchange benefits information.
The Company�� solutions supports benefits plans, including healthcare, dental, life, and disability insurance, and voluntary benefits plans. The Company provide a multi-tenant cloud-based benefit platform to the employer and carrier markets.
The Company competes with SAP, Oracle, Infor, Aon/Hewitt, Towers Watson, ADP, Paychex, Trizetto and DST Health Solutions.
Advisors' Opinion:- [By GURUFOCUS]
Benefitfocus, Inc.'s (BNFT) shares soared over 80% from its IPO price during the third quarter. Benefitfocus is the leading provider of cloud-based benefits software for consumers, employers, insurance carriers, and brokers. The company offers an integrated suite of solutions to help customers more efficiently shop, enroll, manage, and exchange benefits information. We believe that the company serves an addressable market that is more than 100 times larger than its current business, which we expect will allow the company to compound revenue at more than 30% annually. (Neal Rosenberg)
- [By Matt Jarzemsky]
Several peers have seen huge gains after initial public offerings this year. Benefits-software firm Benefitfocus Inc.(BNFT) rallied 102% in its trading debut while cloud-based cybersecurity software maker FireEye Inc.(FEYE) jumped 80%.
- [By Ben Rooney]
The other two IPOs that doubled were voxeljet (VJET), a German maker of 3-D printers, and Benefitfocus (BNFT), which provides "cloud-based" services for employee benefits.
- [By Peter Graham]
The Q3 2014 earnings report for small cap insurance software stock Ebix Inc (NASDAQ: EBIX), a potential peer of insurance software stocks like small cap�Benefitfocus Inc (NASDAQ: BNFT) and mid cap�Guidewire Software Inc (NYSE: GWRE), is scheduled for before the market opens on Friday (November 7th). Aside from the Ebix Inc earnings report, it should be said that Benefitfocus Inc will report Q3 2014 earnings�when the market closes today while Guidewire Software Inc reported Q4 2014 earnings on September 2nd. However, the Ebix Inc earnings report will be closely watched as it�� the fourth most shorted stock on the Nasdaq with short interest of 53.62%�according to HighShortInterest.com. These shorts began targeting Ebix Inc�in the summer of 2013 when Goldman Sachs Group Inc (NYSE: GS) terminated an agreement to acquire the company after reports of a probe of allegations of intentional misconduct with Bloomberg reporting the company was being investigated specifically for money laundering.
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