Why Ingram Micro, LogMeIn, and Endeavour Silver Jumped Today

The stock market ended the week on a high note, but these stocks really took off today. Find out more about what made these three stocks soar.

Feb 14, 2014 at 8:02PM

Although we don't believe in timing the market or panicking over daily movements, we do like to keep an eye on market changes -- just in case they're material to our investing thesis.

The stock market finished strong on Friday, posting another solid week of gains following the short-term pullback that many investors were waiting for. Bullish investors have become increasingly convinced that troublesome economic data was due solely to one-time effects like adverse weather, and they're counting on a bounce when conditions return to normal. Meanwhile, though, earnings and other stock-specific news continues to lift many stocks higher, with Ingram Micro (NYSE:IM), LogMeIn (NASDAQ:LOGM), and Endeavour Silver (NYSE:EXK) among the biggest gainers today.

Ingram Micro jumped almost 10% as the wholesale technology distributor reported record sales and net income. Adjusted earnings per share rose 17% on a 4% rise in net revenue, as Ingram highlighted the positive impact of its mobility business on earnings. In addition, Ingram said that it would implement a restructuring initiative that it expects will save the company $80 million to $100 million annually, recouping the costs of the move by 2015. Although it sees traditional seasonal weakness for the first quarter, Ingram's guidance for the full 2014 year was relatively optimistic, and shareholders believe that better times are ahead for the company.

LogMeIn soared almost 22% on strong earnings results and positive guidance for the year. Fourth-quarter sales jumped 22%, leading to a $0.01 per-share better earnings than expected. Guidance for the current quarter and the full year were well above what investors were looking for, and all signs look positive that the online collaboration expert is taking full advantage of greater use of remote access among computer and mobile-device users. With the company expecting to turn profitable this year, LogMeIn could finally start to justify what many have seen as a high valuation.

Endeavour Silver rose almost 9% on a good day for precious metals, as silver prices jumped by almost $1 per ounce. Mining stocks have been on a tear so far in 2014 due, in part, to gold and silver's surprising performance. Endeavour, in particular just last week released its exploration expectations for 2014. With ambitious plans to look both at existing mines and properties that it hopes to develop in the near future, Endeavour looks poised to take advantage of silver's rise if it persists.

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4 in 5 Americans Are Ignoring Buffett's Warning

Don't be one of them.

Jun 12, 2015 at 5:01PM

Admitting fear is difficult.

So you can imagine how shocked I was to find out Warren Buffett recently told a select number of investors about the cutting-edge technology that's keeping him awake at night.

This past May, The Motley Fool sent 8 of its best stock analysts to Omaha, Nebraska to attend the Berkshire Hathaway annual shareholder meeting. CEO Warren Buffett and Vice Chairman Charlie Munger fielded questions for nearly 6 hours.
The catch was: Attendees weren't allowed to record any of it. No audio. No video. 

Our team of analysts wrote down every single word Buffett and Munger uttered. Over 16,000 words. But only two words stood out to me as I read the detailed transcript of the event: "Real threat."

That's how Buffett responded when asked about this emerging market that is already expected to be worth more than $2 trillion in the U.S. alone. Google has already put some of its best engineers behind the technology powering this trend. 

The amazing thing is, while Buffett may be nervous, the rest of us can invest in this new industry BEFORE the old money realizes what hit them.

KPMG advises we're "on the cusp of revolutionary change" coming much "sooner than you think."

Even one legendary MIT professor had to recant his position that the technology was "beyond the capability of computer science." (He recently confessed to The Wall Street Journal that he's now a believer and amazed "how quickly this technology caught on.")

Yet according to one J.D. Power and Associates survey, only 1 in 5 Americans are even interested in this technology, much less ready to invest in it. Needless to say, you haven't missed your window of opportunity. 

Think about how many amazing technologies you've watched soar to new heights while you kick yourself thinking, "I knew about that technology before everyone was talking about it, but I just sat on my hands." 

Don't let that happen again. This time, it should be your family telling you, "I can't believe you knew about and invested in that technology so early on."

That's why I hope you take just a few minutes to access the exclusive research our team of analysts has put together on this industry and the one stock positioned to capitalize on this major shift.

Click here to learn about this incredible technology before Buffett stops being scared and starts buying!

David Hanson owns shares of Berkshire Hathaway and American Express. The Motley Fool recommends and owns shares of Berkshire Hathaway, Google, and Coca-Cola.We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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