boeing

WESTJET AIRLINES $23.45 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1- 877-493-7853; www.westjet.com; Shares outstanding: 132.3 million; Market cap: $3.1 billion; Dividend yield: 1.7%) recently dropped from the all-time high of $25.47 it reached in April 2013, even though the company reported record earnings in the latest quarter.

WestJet’s earnings per share jumped 38.8% in the three months ended March 31, 2013, to $0.68 from $0.49 a year earlier.

Demand for the company’s flights remains high, and it has entered into new partnerships with other airlines; these were the main reasons for the increases.

WestJet shares fell mostly on investor concern that the company’s profit growth could slow if it’s unable to fill the new planes it is adding to the same level as its current fleet....

Please note: The next Stock Pickers Digest newsletter issue will be sent out on Friday, May 24, 2013. WESTJET AIRLINES LTD., $21.85, symbol WJA on Toronto, fell almost 13% this week, even though it reported record earnings in the latest quarter. WestJet reports that its earnings jumped 33.3% in the three months ended March 31, 2013, to $91.1 million from $68.3 million a year earlier. That marks the company’s 32nd consecutive quarter of profitability. Earnings per share rose 38.8%, to $0.68 from $0.49, on fewer shares outstanding. Revenue rose 8.6%, to $967.2 million from $891.0 million a year earlier....

WESTJET AIRLINES $23.45 (Toronto symbol WJA; TSINetwork Rating: Extra Risk) (1- 877-493-7853; www.westjet.com; Shares outstanding: 132.3 million; Market cap: $3.1 billion; Dividend yield: 1.7%) recently dropped from the all-time high of $25.47 it reached in April 2013, even though the company reported record earnings in the latest quarter.

WestJet’s earnings per share jumped 38.8% in the three months ended March 31, 2013, to $0.68 from $0.49 a year earlier.

Demand for the company’s flights remains high, and it has entered into new partnerships with other airlines; these were the main reasons for the increases.
...

Most U.S. markets have risen lately, while Canada’s resource-heavy Toronto Stock Exchange has lagged. But as always, both remain subject to unexpected downturns. Even so, the long-term outlook is for higher stock prices.

One way to profit from rising markets is to add exchange traded funds (ETFs) that track major stock indexes to your portfolio.

ETFs trade on stock exchanges, just like stocks....

THE BOEING CO. $91 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 756.2 million; Market cap: $68.8 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.boeing.com) has received approval from U.S....

THE BOEING CO. $91 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 756.2 million; Market cap: $68.8 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.boeing.com) has received approval from U.S. regulators for its redesigned battery system for the 787 Dreamliner passenger plane. Regulators grounded all 787s in January 2013 after an overheated battery forced one to make an emergency landing in Japan.

Remodelling the battery and delays in delivering new planes probably cost Boeing $600 million. That’s equal to 8% of the $7.2 billion, or $5.88 a share, it earned in 2012. However, the new battery design should make it easier for Boeing to attract new buyers for the 787.

Boeing is a buy....

MONSANTO CO., $105.63, New York symbol MON, sells technology-based agricultural products, such as genetically modified seeds, to farmers, grain processors and food companies. The company also sells weed- and pest-control products. The stock rose 4% this week after the company agreed to settle several lawsuits with DuPont Co. (New York symbol DD). Monsanto had sued DuPont for violating its patents. In response, DuPont launched an anti-trust lawsuit against Monsanto. Under the terms of the deal, Monsanto will license some of its genetically modified soybean seeds to DuPont. In return, DuPont will make four annual fixed royalty payments from 2014 to 2017 totalling $802 million. From 2018 to 2023, DuPont will pay royalties on a per-unit basis, subject to annual minimum amounts. These per-unit payments will total $950 million....

THE BOEING CO. (New York symbol BA; www.boeing.com grounded all of its new 787 Dreamliner passenger planes in January 2013 after a battery problem forced one to make an emergency landing in Japan....

THE BOEING CO. $85 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 756.2 million; Market cap: $64.3 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.boeing.com) had to ground all of its new 787 Dreamliner passenger planes in January 2013 after a battery problem forced one to make an emergency landing in Japan.

The 787 uses advanced rechargeable lithium-ion batteries to power its electrical systems....

THE BOEING CO. $85 (New York symbol BA; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 756.2 million; Market cap: $64.3 billion; Price-to-sales ratio: 0.8; Dividend yield: 2.3%; TSINetwork Rating: Above Average; www.boeing.com) had to ground all of its new 787 Dreamliner passenger planes in January 2013 after a battery problem forced one to make an emergency landing in Japan.

The 787 uses advanced rechargeable lithium-ion batteries to power its electrical systems. These batteries were overheating, which increases the risk of a fire. The company has redesigned the battery and feels flights will resume in the next few weeks.

The stock fell to $75 after the grounding but has rebounded strongly. That’s mainly due to Boeing’s quick response. Demand for the company’s other planes also remains strong.
...