Street Justice: Rocky Road

Hey everybody! How's it goin? It would seem we still haven't found some solid ground to stand on. The market saw more slight losses today, but that being said it could have and maybe should have been a lot worse. There are still some sectors to make money in and plenty of long-term investment opportunities. The 3 companies I've got today should make us some money.
The first 2 companies I've got today are my usual research and buys for longer term investing, but number 3 today is one I don't want you do do anything with till at least Thursday(I'll explain). First up is DAR/Darling Intl. They provide rendering, recycling and recovery solutions to the food industry worldwide operating in two segments rendering and restaurant services. The rendering segment collects and processes animal by-products from butcher shops, grocery stores, the food service industry and meat+poultry processors. They convert the by-products into usable oils and proteins that are bought by the agriculture, leather and oleo-chemical industries. Restaurant services collects used cooking oils from food service establishments and recycles them into similar products such ass high energy animal feeds and industrial oils. DAR has excellent relative value, timing and safety. Their EPS were up 728% over the past 52 weeks(woah!) and 37% for the quarter. The annual net income for DAR was up 793% over last year and net income was up 50% for the quarter. Net income was also 124% higher than this time last year. DAR has a P/E ratio of 19.80. Next is LNN/Lindsay Corp. The manufacture and sell automated agriculture irrigation systems that enhance or stabilize crop projection while saving water, energy and labor. They operate in 2 segments which are Irrigation and Infrastructure. Irrigation makes center pivot and lateral movement irrigation systems as well as hose reel travelers and mini-pivots. They also provide chemical injection systems and pivot monitoring and control systems. The infrastructure segment offers quick change movable barrier systems that are comprised of T-shaped concrete barriers that are connected to form a continuous wall. These barrier systems are used in highway reconstruction, paving and resurfacing. LNN has an EPS growth of 31% for one year and 46% for the quarter. Their relative value and safety are excellent, but the relative timing is not good(0.44 of 2.00). Lindsay Corp. has seen an annual net income increase of 33% and net income was up 46% for the quarter. LNN has a P/E ratio of 21.31. O.k. I have a stipulation with this 3rd company today. If your gonna buy it, buy it after they announce earnings Thursday. I say this because the info we get about IGTE/Igate Corp. on Thursday will give us an idea of where they are headed. That's the last company IGTE/Igate Corp. They provide information technology and offshore outsourcing services to large and medium-sized organizations. Their 3 segments offer various IT services and staffing solutions to companies in several countries including India, Canada, the US, Europe, Singapore, Malaysia, Japan and Australia. IGTE has done well as an earner. They saw an EPS increase of 44% for the quarter and EPS are 82% higher than this time last year. IGTE's net income was up 79% for the year and 52% for the quarter. The relative numbers were o.k.(about 1.00 of 2.00) and they have a P/E ratio of 16.22. Remember, if your gonna buy IGTE wait until they announce earnings on Thursday before you make your final decision.
It was a pretty rocky start to the week. I don't expect it to be any calmer as we progress, but it may get better. The optimist in me can't help but come out. I'm a bull! What can I say? The practice portfolios in which I own stocks I recommend on this blog, are doing well. I am up over 20% on ECOL/American Ecology since I recommend it less than a month ago. VLNC/Valence is another one that has done well for me in a very short time. These gains help keep my interest, but I'm in some of these companies for the long-haul in real life.
There are not a lot of safe places to put your money lately. Gold is one idea. It has been rising while the markets hurt. Oil is another. Where is your money? Are you buying up equities at these discount prices? Are you holding on too some bonds or gold(like Senor ORO)? Let me know.
It's been no Sunday Afternoon in Forex trading lately either. I have been playing some short term strategies in my practice accounts and have made some money shorting the EUR/USD and trading in and out of a AUD?USD long position. I still have a short EUR/USD position in my real Forex portfolio as a long-term investment.
1 down and 4 to go(days). This week got off to a slow start, but I have faith we'll find some footing and and back on track soon enough. I hope the 3 companies I went over today will help keep your portfolios on track, cause we're all in this together. Thanks for reading.