Eagle & Beagle for Sunday, July 13, 2014

Don Mecoy: A weekly look at Oklahoma companies’ high-performing (eagle) and low-performing (beagle) stocks.
by Don Mecoy Published: July 13, 2014
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Stocks

Eagle

It was meager pickings in this week’s search for an eagle.

Just a half-dozen state-based stocks grew in value over the past five trading days, with a couple of those adding only a fraction of 1 percent.

Our top performer, Tulsa-based Alliance Holdings GP recovered from a brief Tuesday swoon (on very light volume) to post a nearly 4 percent gain for the week. AHGP shares closed Friday at $66.87, less than $3 from the issue’s 52-week high.

The coal industry issue received positive press last week from Zack’s, which noted that analysts who follow the stock have been raising their earnings estimates for the firm.

A 4-percent gain may not be spectacular, but in a room full of losers, even a minor winner deserves a pat on the back.

Beagle

Despite the broad losses among Oklahoma stocks, there were no crash-and-burn scenarios.

Our young beagle only recently went public. Paycom Software Inc. is an Oklahoma City-based firm that, among other things, handles online payroll for other companies.

Continue reading this story on the...

by Don Mecoy
Business Editor
Business Editor Don Mecoy has covered business news for more than a decade after earlier working on The Oklahoman's city, state and metro news desks, including a stint as city editor. He has won state and regional journalism awards for business,...
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