Leucadia Adds to AmerCredit: Now At 22.4%

7 Feb 9:54am
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Upgrades
Kimco Realty (KIM)- Deutsche Securities Hold » Buy
Dawson Geophys. (DWSN)- CapitalOne southcoast Hold » Buy
Mechel Steel (MTL)- Credit Suisse Neutral » Outperform
Power Integrations (POWI)- Needham & Co Buy » Strong Buy
Genomic Health (GHDX)- RBC Capital Mkts Sector Perform » Outperform
Thornburg Mortg (TMA)- Credit Suisse Underperform » Neutral
Commvault Systems (CVLT)- Robert W. Baird Neutral » Outperform
Celanese (CE)- UBS Neutral » Buy
Sirona Dental Systems (SIRO)- Banc of America Sec Neutral » Buy
Principal Fincl (PFG)- UBS Sell » Neutral
Universal Technical Institute (UTI)- JP Morgan Underweight » Neutral
Pioneer Natural (PXD)- Citigroup Hold » Buy
Danaher (DHR)- Deutsche Securities Hold » Buy

Downgrades
O'Charley's (CHUX)- Morgan Keegan Outperform » Mkt Perform
Saba Software (SABA)- Wedbush Morgan Buy » Hold
Taleo (TLEO)- Wedbush Morgan Buy » Hold
Sepracor (SEPR)- AmTech Research Neutral » Sell
Casual Male (CMRG)- RBC Capital Mkts Outperform » Sector Perform
Select Comfort (SCSS)- Morgan Keegan Mkt Perform » Underperform
Aruba Networks (ARUN)- Caris & Company Above Average » Average
Nalco (NLC)- JP Morgan Overweight » Neutral
CPI International (CPII)- Bear Stearns Outperform » Peer Perform
Cisco Systems (CSCO)- JP Morgan Overweight » Neutral
BT Group (PLC)- BT Bear Stearns Outperform » Peer Perform
Elbit Systems (ESLT)- UBS Buy » Neutral
Virgin Mobile USA (VM )- Lehman Brothers Overweight » Equal-weight
XL Capital (XL)- JP Morgan Overweight » Neutral
Cisco Systems (CSCO)- Robert W. Baird Outperform » Neutral
Polo Ralph Lauren (RL)- Citigroup Buy » Hold
Regal-Beloit (RBC)- Deutsche Securities Buy » Hold


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About

ToddSullivan

A Massachusetts based value investor, I look for companies whose current valuation is at a discount to their true value. When I purchase a stock, my typical holding period is several years. I consider buying a stock purchasing a piece of a business. I am confident once I make a decision to buy that eventually the market as a whole will recognize the true value of the business and value it accordingly. It may take 1 month, 6 months or a year, but if I buy it at enough of a discount to its true value my results will be (and have been) superior to the market as a whole. Of all the disparate investing disciplines, value investing has stood the test of time. The great investors of have all been value investors. Warren Buffett, Ben Graham, Bill Ruane (Sequoia Fund), Bill Miller and Wally Weitz, all have consistently outperformed the market for decades by using various forms of value investing. Currently I am a contributing writer to Seeking Alpha, Vinvesting.com, The Stock Masters and Value Investing News. Posts have been reprinted in The Wall St. Journal, Yahoo Finance, Google Alerts, Google Finance, TheStreet.com. 24/7 Wall St. and Topix.net.