Ormat Technologies Inc.

Published : September 29th, 2015

Carl Icahn Predicts 'Bloodbath': Time to Book Profits?

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Carl Icahn Predicts 'Bloodbath': Time to Book Profits?

And the Fed is clearly in a Catch-22 situation. A decision to hold interest rates sends a worrying sign of global growth concerns to investors. On the other hand, a rate hike will formally signal the end of monetary stimulus and put an end to the boost that stocks have indulged in over the past six years.

A Fool’s Paradise?

Nothing really sedates rationality like large doses of effortless money. Yes, the last few years have been a heady experience, but let’s face it — the easy money has already been made. Believing that this market will keep going up forever is a fool’s paradise, to say the least.

So let’s not overstay the festivities. But is it a smart decision to hedge like Icahn?

Dash for Cash

Investors could buy puts, or inverse ETFs to hedge themselves, or they could simply book profits on stocks. The first two hedging options could make losses in case the market moves in the opposite direction. However, there is no harm in booking profits.

To make matters simpler, we have shortlisted a few stocks that have had a good run of late, but are starting to see negative analyst sentiment. These sell-ranked stocks have been on a rampage this year, but weak growth fundamentals and tricky industry dynamics are fast catching up with these companies.

4 Stocks to Book Profits Now

Shares of Bona Film Group Limited BONA, an integrated film company, have been on a rampage all year, increasing almost 70% year-to-date. However, things have gotten difficult for this high-flying stock in recent times, as negative analyst estimate revisions led to the current year Zacks Consensus Estimate falling from 29 cents per share to 21 cents over the past month. It currently carries a Zacks Rank #4 (Sell).

Ormat Technologies Inc. ORA, engaged in the geothermal and recovered energy power business, has seen its shares rally over 25% year-to-date. However, it seems that the company’s consistent earnings misses have finally caught up. This Zacks Rank #4 company has recently seen a downtrend in the Zacks Consensus Estimate for 2015, which has fallen to $1.47 per share from $1.51 over the past couple of months.

Financial services provider First Foundation Inc. FFWM has been on a steady incline of late, and has risen almost 26% year-to-date. However, it looks like it’s time to book profits and chuck the stock, as analysts have turned sour on the company. The current year Zacks Consensus Estimate of this Zacks Rank #5 (Strong Sell) stock has fallen from $1.30 per share to $1.19 over the past couple of months.

Shares of Geely Automobile Holdings Ltd. GELYY have charged up over the recent times, increasing nearly 32% year-to-date. However, the Zacks Rank #4 stock has lost analyst favor of late, as negative estimate revisions have led the Zacks Consensus Estimate for 2015 to fall to 80 cents per share, from 90 cents a couple of months ago.

No Crystal Ball

Celebrated investor Jim Rogers once remarked about QE: "Give me a trillion dollars, I will show you a good time." It was fun while it lasted, but the joyride is now nearing a cliff, and no crystal ball can help us debark at the last second. So let’s learn from history and heed the warning signs, and get out while we can.

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Ormat Technologies Inc.

CODE : ORA
ISIN : US6866881021
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Ormat technologies is based in United states of america.

Ormat technologies holds various exploration projects in Indonesia and in USA.

Its main exploration properties are HEBER in USA and SARULLA in Indonesia.

Ormat technologies is listed in Germany and in United States of America. Its market capitalisation is US$ 4.5 billions as of today (€ 4.0 billions).

Its stock quote reached its highest recent level on February 26, 2021 at US$ 98.73, and its lowest recent point on December 07, 2022 at US$ 89.50.

Ormat technologies has 50 597 124 shares outstanding.

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Annual reports of Ormat Technologies Inc.
2008 Annual Report
Financings of Ormat Technologies Inc.
5/19/2016Ormat Technologies Secures $36 Million Supply & EPC Contract...
5/23/2014(Sarulla)Sarulla Consortium Reached Financial Closing Under the $1.17...
Financials of Ormat Technologies Inc.
5/25/2016Document: Insider Ownership
5/4/2016Ormat Technologies Reports First Quarter Revenue of $151.6 M...
11/4/2015Ormat Technologies Reports 2015 Third Quarter Results
8/3/2015Ormat Technologies Reports 2015 Second Quarter Results
2/26/2014Reports 2013 Fourth Quarter and Year End Results
11/5/2013Reports 2013 Third Quarter Results
8/7/2013Reports 2013 Second Quarter Results
Project news of Ormat Technologies Inc.
7/27/2017Document: Ownership Filing
7/5/2016Document: Insider Ownership
Corporate news of Ormat Technologies Inc.
8/10/2016Document: Insider Ownership
8/3/2016Ormat Technologies beats 2Q profit forecasts
8/2/20165:05 pm Ormat Tech beats by $0.07, beats on revs; reaffirms ...
4/18/2016SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEME...
1/21/2016Ormat Technologies, Inc. to Host Conference Call Announcing ...
12/10/2015Ormat Technologies, Inc. (ORA): Are Hedge Funds Right About ...
11/4/2015Edited Transcript of ORA earnings conference call or present...
11/4/2015Ormat Technologies meets 3Q profit forecasts
11/3/20155:56 pm Ormat Tech misses by $0.03, beats on revs; guides FY...
11/3/2015Ms. Dita Bronicki Retiring From Board of Directors
11/3/2015Ormat Technologies Reports 2015 Third Quarter Results
10/15/2015Ormat Technologies, Inc. to Host Conference Call Announcing ...
10/15/2015Ormat and Toshiba Sign Strategic Collaboration Agreement
9/30/2015Herman Miller, AeroVironment, Medicines Company, Ormat Techn...
9/29/2015Carl Icahn Predicts 'Bloodbath': Time to Book Profits?
8/8/201510-Q for Ormat Technologies, Inc.
8/4/2015Edited Transcript of ORA earnings conference call or present...
7/24/2015Weakness Seen in Covanta Holding (CVA): Stock Fall 6% - Tale...
7/16/2015Ormat Technologies, Inc. to Host Conference Call Announcing ...
5/10/201510-Q for Ormat Technologies, Inc.
4/22/20153 Green Stocks for Earth Day - Analyst Blog
4/15/2015Ormat Technologies, Inc. to Host Conference Call Announcing ...
4/15/2015Ormat Signs Power Purchase Agreement for Second Phase of Don...
4/15/2015Ormat Announces Investor & Analyst Day March 31, 2015 in New...
3/19/2015Les nouvelles bonnes pratiques du M3AAWG pour les fournisseu...
3/17/2015New M3AAWG Hosting Service Providers Best Practices Backed b...
3/11/2015La mise à jour du document de bonnes pratiques du M3AAWG à d...
3/11/2015La mise à jour du document de bonnes pratiques du M3AAWG à d...
3/11/2015La mise à jour du document de bonnes pratiques du M3AAWG à d...
3/11/2015La mise à jour du document de bonnes pratiques du M3AAWG à d...
3/11/2015La mise à jour du document de bonnes pratiques du M3AAWG à d...
3/10/2015Updated M3AAWG Best Practices for Senders Urge Opt-In Only M...
2/25/2015Ormat Technologies posts 4Q profit
2/25/2015Ormat Technologies Reports 2014 Fourth Quarter and Year End ...
2/5/2015Ormat Technologies Inc. Announces $175 Million Agreement Wit...
2/2/2015Ormat Technologies, Inc. to Host Conference Call Announcing ...
11/6/2014Ormat Technologies posts 3Q profit
11/26/2013Completes Final Drawdown of $45 Million From OPIC for Final ...
7/12/2011ALERT: New Ormat Technologies Inc event
2/12/2009Commissions the First Two Facilities of the OREG 2 Project
8/6/2007to Supply Recovered Energy Generation Unit to the Italcement...
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NYSE (ORA)FRANKFURT (HNM.F)
89.50-0.41%0.000-100.00%
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US$ 89.50
12/07 14:57 -0.370
-0.41%
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89.87 89.63
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88.80 90.51
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62.92 -  100.93 12.86%
52 week l/h 52 week var.
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117,612 -11.32%
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