S&P Capital IQ Bullish on Ford Motor Company (F), Dollar Tree, Inc. (DLTR), the Walt Disney Company (DIS) as Potential Buys


Multinational financial information provider, S&P Capital IQ, in an interview on CNBC via one of its senior directors Todd Rosenbluth highlighted some of the best stocks that they are recommending for buying. Mr. Rosenbluth was quick to point out that from an earnings point of view that the first quarter was relatively weak for a number of stocks.

The first quarter, according to Mr. Rosenbluth, saw a number of retailers reducing prices in order to move more inventory out of the door. It goes without saying that the housing industry has been quite slow for the first half of the year as the U.S economy continues to grapple with challenges especially in the credit line space.

The Walt Disney Company

S&P Capital IQ recommends The Walt Disney Company (NYSE:DIS) as one of the best stocks worth to buy in the current market status considering its line of quality products and consistent earnings that continue to beat estimates in the theme park space. Rosenbluth could not fail to point out how theme parks that contribute a bigger chunk of the company’s earnings have in the recent past been recording huge improvements in terms of traffic. Rosenbluth was quoted’ as saying “the theme parks have started to see traffic.”

Ford Motor Company (NYSE:F), on the other hand, seems to have caught the attention of S&P Capital IQ at the back of improvements in terms of sales especially in emerging markets like China. Ford Motor Company (NYSE:F), unlike General Motors Company (NYSE:GM), continues to trade cautiously and has not been engulfed in large lawsuits or recalls as is the case with its competitor. China, on the other hand, continues to offer Ford Motor Company (NYSE:F)’s impressive growth opportunities seen by the fact that the company has further opened more dealerships in the country.

It goes without saying that Ford Motor Company (NYSE:F) expansion in China has exceeded expectations, making it one of the potential stocks worth buying according to S&P Capital IQ. Another stock that the S&P Capital IQ is paying close attention to as a potential ‘Buy’ is the discount variety stores operator, Dollar Tree, Inc. (NASDAQ:DLTR). The company last posted earnings on May 22nd that beat consensus estimates, prompting the buy rating.

Grisanti Brown & Partners, managed by Christopher C. Grisanti trimmed its stake in Ford Motor Company (NYSE:F) by 45% during the first quarter to 500,595 shares. While Robert Hockett‘s Covalent Capital Partners raised its stake by 11% to 581,000 shares.

Disclosure: none