Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



This Week's 5 Smartest Stock Moves

Don't let it get away!

Keep track of the stocks that matter to you.

Help yourself with the Fool's FREE and easy new watchlist service today.

If you're feeling good about the market, you're not alone. Take my hand as we go over some of this week's more uplifting headlines.

1. IMAX is a blockbuster
The local multiplex isn't dead if there's an IMAX (NYSE: IMAX  ) screen.

Shares of the company behind enhanced big-screen experiences hit their highest levels since March of last year after posting better-than-expected quarterly results.

IMAX's fourth-quarter revenue rose 17% to $77.8 million, fueled by a 56% spike in gross box office revenue for films screening at its theaters. Adjusted net income nearly doubled to $0.23 a share. Analysts were only banking on a profit of $0.16 a share on just $74 million in revenue.

IMAX continues to have a healthy backlog of orders for its revenue-enhancing projection systems, especially internationally. This is a scalable model given the fixed digital remastering costs, so margins should continue to expand as its reach grows.

More movie studios are also filming IMAX-exclusive sequences with IMAX cameras, giving filmgoers yet another reason to seek out IMAX screenings in the future. Exhibitors in general have had a rough couple of years, but IMAX has been a shining beacon in a sluggish industry.

2. Two more Best Buy believers
Best Buy (NYSE: BBY  ) rarely makes its way into this weekly column these days, so we may as well enjoy the moments when the struggling consumer electronics chain gets it right.

It's been a long time since an analyst had something positive to say about Best Buy, but this week we had two Wall Street pros profess their newfound faith in the retailer.

Analysts at Barclays Capital and Stifel Nicolaus upgraded their views on Best Buy as an investment this week. Despite the challenges, they feel that an improving economy, a coming boom in Web-tethered smart appliances, and the growing popularity of Android over iOS will help serve the chain well.

Whether or not Best Buy's disgruntled founder succeeds in taking back control of the company, there is something to be said about the old adage that a rising tide lifts all boats -- even if Best Buy has all the makings of the Titanic in the long run.

3. SodaStream is a pop star
(NASDAQ: SODA  ) served up carbonated quarterly results this week.

Revenue soared 55% during the holiday quarter to $132.9 million, as adjusted profitability checked in at $0.45 a share. Wall Street was settling for earnings of $0.39 a share on $121.5 million.

SodaStream sold a record 1.1 million soda makers during the quarter, paving the way for strong sales of carbonators and soda flavors in the future.

SodaStream's guidance is calling for revenue and adjusted earnings to climb 25% in 2013. It's a slower clip than the market has been used to, but stacked on top of 2012's final results, we're also looking at numbers that are higher than Wall Street was modeling before the report.

As I pointed out in covering the results, investors shouldn't be swayed by SodaStream's historically conservative guidance. A year ago SodaStream was only targeting revenue growth of 28%. The pop star's top line ultimately shot 51% higher in 2012.

4. Analysts in pairs, revisited
Just as two analysts turned bullish on Best Buy earlier this week, a pair of Wall Street pros also waxed bullish on Google (NASDAQ: GOOGL  ) by introducing identical $1,000 price targets this week.

Bernstein Research analyst Carlos Kirjner and CLSA Asia-Pacific Markets analyst James Lee issued reports on the same day with fresh goals of Google hitting the $1,000 mark.

The online search leader isn't too far away. Shares topped $800 earlier this week for the first time in Google's history.

5. I've got 51job but a miss ain't one
51job (NASDAQ: JOBS  ) is holding up in China.

The provider of online workforce recruiting, corporate outsourcing, and other human resources services posted better-than-expected results this week.

51job climbed 7% to $63.8 million, exceeding its earlier guidance calling for no more than $62.9 million on the top line. 51job's earnings of $0.66 a share or $0.74 a share on an adjusted basis also clocked in well ahead of the $0.61 a share that analysts were forecasting.

Even as 51job winds down its original print advertising business in pursuit of higher-margin online initiatives, the company's finding a way to grow in a niche that is going through its growing pains. Rival went through massive layoffs last month ahead of a sale earlier this month.

51job keeps producing, scoring its fifth consecutive quarter of market-thumping results on the bottom line.

This will come in handy for 51job's next performance review.

One more smart move this year
The Motley Fool's chief investment officer has selected his No. 1 stock for the next year. Find out which stock it is in the brand-new free report: "The Motley Fool's Top Stock for 2013." Just click here to access the report and find out the name of this under-the-radar company.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2271345, ~/Articles/ArticleHandler.aspx, 9/30/2016 6:16:59 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:01 PM
BBY $38.18 Up +0.77 +2.06%
Best Buy CAPS Rating: *
GOOGL $804.06 Up +1.42 +0.18%
Alphabet (A shares… CAPS Rating: *****
IMAX $28.97 Up +0.19 +0.66%
IMAX CAPS Rating: *****
JOBS $33.38 Down -1.13 -3.27%
51job CAPS Rating: *****
SODA $26.56 Up +0.22 +0.84%
SodaStream CAPS Rating: **