IBD shines spotlight on Pinnacle

The growth story of Pinnacle Financial Partners was spotlighted this week by well-known market publication Investor's Business Daily, which quotes an analyst as saying the company's recent acquisitions of CapitalMark Bank & Trust and Magna Bank provide a clear long-term growth path. Another noteworthy item: CFO Harold Carpenter says the company will finish the year having hired 20 lenders from regional competitors. That's double the 2014 number and means a handful of people have or will come aboard this quarter.

Nov 13, 2015 7:09 AM

Did HCA sandbag on Obamacare boost?

Veteran Wells Fargo analyst Gary Lieberman says the guidance raise by HCA Holdings Wednesday looks to be on the conservative side given that the benefits of health care reform aren't going to end anytime soon. He has reiterated his 'outperform' rating on shares of HCA, which jumped 10 percent (Ticker: HCA) to a record high. On the flip side, Paula Torch at Avondale tells Investor's Business Daily that HCA is proving (again) to be best in class.

Jul 17, 2014 9:54 AM

The charts say Genesco still has room to run

Shares of shoe and hat retailer Genesco (Ticker: GCO) are up 11 percent in the past three months and 60 percent in a year, but the technicians at Investor's Business Daily say it still has room to run: "You could view the retailer as trying to break out past a 65.03 buy point from a square-box base, or see it as rebounding off its 10-week moving average. In any case, volume hasn’t been as strong as you would prefer to see."

The company will report its fourth-quarter results March 2. Analysts are expecting $1.67 per share, but it's worth pointing out that CEO Bob Dennis and his team have handily beaten estimates the past three quarters.

Feb 15, 2012 6:56 AM

Gettin' all technical with Genesco

Scott Stoddard at Investor's Business Daily says shares of Nashville-based shoe and hat retailer Genesco are working on a "third-stage base-on-base pattern" and could take off again once the overall market starts to rise. The stock (Ticker: GCO) is up more than 50 percent in 2011.

Dec 15, 2011 9:33 AM

Technically speaking on Genesco

Genesco has been one of the market's top performers in recent years — more than doubling since the beginning of 2010 — but Investor's Business Daily says the technical indicators suggest further gains are going to be harder to come by.

Oct 27, 2011 11:41 AM

Tractor Supply's traffic stability

In checking in with home-improvement giants Home Depot and Lowe's, Investor's Business Daily takes a quick detour to outline what's driving Tractor Supply's growth these days. A big key to the success of the Brentwood-based company — the stock is up 95 percent in the past year — was a 2008 decision to emphasize smaller-dollar items.

"They've done a great job of managing their merchandise mix," Hood says. "A bigger piece of their business is coming from pet and livestock food, and that creates some stability in traffic and that carried them through the downturn."

May 11, 2011 7:06 AM

Hiring horse people

Investors Business Daily takes a look at the hiring practices of Brentwood-based Tractor Supply (Ticker: TSCO), which looks for workers with experience in farming, ranching, horses and welding. From the story:
James Wright, CEO of Brentwood, Tenn.-based Tractor Supply, says creating a reservoir of staff knowledge helps retain both customers and employees. "Only with longevity of staff can we build deep category expertise," he said. Since many customers own horses, staffers with four-legged expertise can offer advice on horse training, nutrition and care, and speak the "horse language," Wright says. The staffers, called team members at Tractor Supply, build rapport, develop close ties with customers and close a sale, which leads to return customers.
Jan 10, 2011 7:50 AM

Cracker Barrel's rest-stop revival

An IBD overview of the state of affairs at Cracker Barrel focuses on the company's quality of earnings in recent quarter and its opportunity to ramp up those profits as Americans hit the road in greater numbers. Plus, they've got one demographic covered.
"Casual dining in general has been extremely aggressive with promotions, but Cracker Barrel doesn't have to do that," Farmer said. "They have a built-in price value. A big chunk of these consumers are north of 50 years old, so it's a pretty wired customer base."
May 26, 2010 11:46 AM

In a bad way

The opinion page of Investor's Business Daily sketches the dismal state of organized labor in the United States.
More discouraging for the unions is that their standing in the Gallup survey has never been lower. As recently as 2004, their confidence score was 31%. True, this is just one survey, but it does suggest the public sees union greed and corporate greed as near cousins. And Americans still root for the up-and-coming entrepreneur against just about anyone, including union organizers.
Aug 21, 2009 7:11 AM