Hansen Natural

Hansen Natural (HANS), the Monster Energy drink stock, is now just getting silly. The stock was up 333% last year, and it’s already up 55% this year. Three years ago, you could have picked up shares of HANS for less than $2. Today, it’s at $123. Wow!
Lennar (LEN) reported good earnings this morning even though the housing market is showing some signs of weakness. The company earned $1.58 a share, three cents more than estimates.
I was happy to see someone upgrade Fair Isaac (FIC) this morning. The stock is around $39 a share.
The big news today is the Fed meeting in Washington. This is the first meeting with Bernanke in charge. The bank will almost certainly raise rates another 25 basis points to 4.75%. This will mark the 15h straight rate hike, and it will finally push the Fed funds rate to the same level as long-term interest rates. I just noticed that the 10-year bond is at 4.751%, so that makes for a perfectly flat yield curve.
The Conference Board reported that consumer confidence jumped to a four-year high. That probably explains Tiffany‘s (TIF) strong earnings report. The company reported earnings of 97 cents a share, 13 cents more than expectations.

Posted by on March 28th, 2006 at 11:41 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.