This Week's 5 Smartest Stock Moves

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. Strangers with Kandi
The week got off to a revved-up start for Kandi Technologies Group  (NASDAQ: KNDI  )  investors, with the stock soaring 27% on Monday. The Chinese maker of electric vehicles announced that its joint venture with Geely Automobile resulted in the sale of 4,114 of the venture's Kandi-brand electric vehicles during the second quarter. It was a 238% sequential spike from the 1,215 electric cars that it sold during the first three months of the year. Kandi did reveal several months ago that it was being investigated by the SEC, but at least its current fundamentals are coming along nicely. 

China's been aggressively promoting the use of electric vehicles to help tackle its notorious smog issues. At the end of next month it will be waiving the 10% sales tax it charges on the sale of electric vehicles. Kandi's faring well now with its role in group leasing and auto-sharing plans, but things may get interesting come September when there's a bigger incentive in the world's most populous nation to go electric. 

2. LinkedIn makes a new connection
LinkedIn  (NYSE: LNKD  )  is acquiring Newsle, a service that takes contacts from leading social-networking and social-media sites and scans the Internet for Web mentions. It may be a simple purchase, but it's easy to see how it can make LinkedIn stickier than it is in its current form. 

Armed with the ability to expand Newsle's platform, LinkedIn will have more reasons to reach out to its growing yet often passive user base to offer up relevant nuggets on user connections. Getting to know connections a little better may actually make LinkedIn more of the social-networking website that it needs to be if it wants to grow. 

3. Tesla goes for three
We finally have a name for Tesla Motors'  (NASDAQ: TSLA  )  next car. Elon Musk told Auto Express that a dispute over ownership of the Model E name that it wanted to use led Tesla to go with Model 3 -- or Model III -- for its new car after the Model X rollout.

Tesla's Model III will be a lot cheaper than the Model S sedan and Model X crossover. It should hit the market by 2017.  

4. Sirius XM's $6 bilion plan
There are a lot of shares outstanding at Sirius XM Radio  (NASDAQ: SIRI  ) , and the company is doing something about it. The satellite radio provider's board has authorized another $2 billion in share buybacks, making this $6 billion in authorizations since late 2012.

Sirius XM had already worked through more than half of its first $4 billion as of three months ago, making this a good time to have the freedom to continue eating its own cooking. Naturally, gnawing away at its share count makes profitability more attractive on a per-share basis.

5. Foolish mortals
Making the most of its multimedia synergy again, Disney  (NYSE: DIS  ) is creating an animated TV special based on its popular Haunted Mansion attraction that will air on Disney Channel and Disney XD.

Disney is no stranger to turning its rides into filmed entertainment properties. Country Bear Jamboree, Haunted Mansion, and Pirates of the Caribbean have spawned live-action movies. Twilight Zone's Tower of Terror became a made-for-TV movie. Returning to Haunted Mansion -- this time going the animated route with horror genre artist Gris Grimly and some of the creative forces behind Disney's Phineas and Ferb cartoon show -- should pay off with more publicity for its theme parks and hype for the special itself. 

Warren Buffett's worst auto-nightmare (Hint: It's not Tesla)
A major technological shift is happening in the automotive industry. Most people are skeptical about its impact. Warren Buffett isn't one of them. He recently called it a "real threat" to one of his favorite businesses. An executive at Ford called the technology "fantastic." The beauty for investors is that there is an easy way to invest in this megatrend. Click here to access our exclusive report on this stock.


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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.

  • Report this Comment On July 19, 2014, at 2:39 AM, saeedabroad wrote:

    Good to see Fools are finally, slowly, coming round to recognise KNDI's true potential.

    Just wondering though. TSLA had quite a rough week, ending up 1.2% - hardly the week's "smartest stock move". Maybe its in the way that you define it.

  • Report this Comment On July 20, 2014, at 10:55 AM, Gdubu wrote:

    This is what the Company said in its Annual Report on Form 10K for the year ended December 31, 2013:

    “The Company has been furnishing documents to the Denver Regional Office of the Securities and Exchange Commission in response to a document subpoena issued on November 21, 2013 regarding a matter known as In the Matter of Kandi Technologies Group, Inc. As indicated in

    the subpoena, the investigation is a fact-finding inquiry and does not mean that the Company or anyone has broken the law. The Company has cooperated, and is cooperating fully, with the SEC in this matter and will continue to supply the SEC with whatever additional information and material that is requested. The Company does not have any information, at present, as to the duration or outcome of this investigation. The Company does not anticipate a negative result.”

    On June 20, 2014 Kandi filed an S-3 Mixed Securities shelf registration for up to $300 million. Pryor Cashman LLP was identified as the Agent of Service for the S-3 filing. Pryor Cashman is a prestigious NYC law firm, http://bit.ly/1qRcrMl.

    Pryor Cashman’s due diligence before undertaking the filing of the registration statement would have determined the nature and seriousness of the SEC matter disclosed by the Company. Any prestigious law firm serving as the Agent of Service is highly unlikely to be party to a registration statement filing if there is some material SEC investigation either pending or underway with the Company that would impair the likelihood of the registration statement becoming effective.

    As the Company stated in the Form 10-K, “The Company does not anticipate a negative result.” As a matter of full disclosure, versus Fool disclosure, I would expect you to elucidate the matter rather than couch it in innuendo.

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