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Barron's Picks And Pans: Wells Fargo, General Dynamics, Harman International And More

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Barron's Picks And Pans: Wells Fargo, General Dynamics, Harman International And More

This weekend's Barron's ponders the prospects for a leading money center bank and an aerospace and defense giant.

  • Prospects for a leading maker of auto infotainment systems are also examined.
  • Another featured article takes a look at the latest developments with three small cap stocks.

"How Wells Fargo Dresses Up Its Earnings" by Andrew Bary points out that Wells Fargo & Co (NYSE: WFC) always seems to meet or beat earnings estimates, but that for 12 quarters in a row, it has used one-time gains to achieve such results. See how the San Francisco-based money center bank responds to questions about its earnings quality.

In "Harman International Stock Has 20% Upside," Jack Hough takes a look at how, with infotainment systems proliferating throughout the auto industry, shares of Harman International Industries Inc. (NYSE: HAR) could reach $100 or more in a year, if this market leader in vehicle infotainment systems starts using its rich cash flow to buy back stock and boost its dividend.

Robin Goldwyn Blumenthal's "General Dynamics Shares Look Too Cheap" makes a case for shares of this aerospace and defense outfit to rally more than 15 percent as its business-jet unit stabilizes. Plus, General Dynamics Corporation (NYSE: GD) got a boost last week when it beat second-quarter earnings estimates and raised its full-year profit guidance.

See also: Looking To Escape An Unfavorable Presidency Outcome And Move To Canada? That's Not A Smart Financial Move

After sharp rallies in both stocks, Barron's thinks investors should take their gains in Franklin Electric Co. (NASDAQ: FELE) and TowneBank (NASDAQ: TOWN), according to "Time to Take Profits in Two Small Stocks" by David Englander. In addition, the article looks at how Carmike Cinemas, Inc. (NASDAQ: CKEC) responded to its latest buyout offer.

This week's issue also includes a special report on exchange traded funds. With ETFs in transition, find out what changes are needed so investors can trade safely. Discover whether gold ETFs are likely to lose their luster this year. Can ETFs offer a way to invest in Asia without involving China? And see whether dividend-oriented ETF investors are in for a shock when the utility sectors slows down.

Also in this week's Barron's:

An economist who sees woes ahead for China, Russia and Canada.

  • Whether Under Armour Inc (NYSE: UA) trades at a discount.
  • Why to buy Alphabet Inc (NASDAQ: GOOGL), Amazon.com, Inc. (NASDAQ: AMZN) and Facebook Inc (NASDAQ: FB) now.
  • The best emerging markets funds.
  • Whether Caterpillar Inc. (NYSE: CAT) and Deere & Company (NYSE: DE) dividends are in jeopardy.
  • The outlook for Hawaiian Electric Industries, Inc. (NYSE: HE).
  • Five top stock picks, including dividend payers and real estate investment trusts (REITs).

At the time of this writing, the author had no position in the mentioned equities.

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

Posted-In: Alphabet Amazon Amazon.com Barron's Carmike Cinemas Caterpillar DeereMedia Best of Benzinga

 

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