John Warn manages Covestor’s Precedent-Based portfolio, which combines fundamental analysis with technical indicators with the goal of minimizing risk. Once of John’s largest positions going into last week (2/20 – 2/25/11) was Netflix (NFLX), but he liquidated the position throughout the week. We took the opportunity to ask John about his […]
Monthly Archives: February 2011
60 posts
Priceline.com Incorporated (PCLN), the online fixed and auction hotel reservation site, posted a 35% increase in revenues in its 2010 fourth quarter, with growth led by new markets such as Asia-Pacific and South America. From the company’s press release: “The Group’s worldwide hotel business performed well for the 4th quarter […]
Toll Brothers, Inc. (TOL) is a luxury home builder active in nineteen states. Given the state of the housing market, one would expect poor performance, but according to TOL’s 1Q 2011 earnings release on 2/23/2011, the company has staged a comeback: The Company reported FY 2011 first quarter net income […]
Warren Buffett’s annual letter reviewing Berkshire Hathaway’s performance is is out (.pdf). As always, it’s a highly accessible must-read not only for hard core investors, but for anyone interested in one of our generation’s great business minds. As venture capitalist Brad Feld succinctly states, “it’s good, interesting, fun and clever.” […]
Between February 26, 2011 and March 2, 2011 we will be upgrading our website and internal systems. On February 26 the Covestor.com website is expected to be offline for up to 2 hours between 5 am and 12 noon EST. Between February 28 and March 2, the site may become […]
Derek Pilecki of Gator Capital Management manages the Long Only Energy portfolio on Covestor. We had the opportunity to ask Derek about his thoughts on the impact of the recent turmoil in the Mideast on investing in the energy sector. His response: Here are some thoughts about the events in Libya […]
The Boeing Company (NYSE: BA) won a lucrative contract from the Air Force on Thursday for aerial fueling tankers. According to the New York Times: Pentagon officials said decision was based solely on price. Boeing’s bid was more than 1 percent below that of its rival, the European Aeronautic Defense […]
Enterprise cloud computing company Salesforce.com, Inc. (NYSE: CRM), issued its 4Q 2010 results Thursday, reporting double digit growth in revenue resulting from a 27% improvement in total customers for the year. Summary results from the company’s press release include: Raises FY12 Revenue Guidance to $2.03 – $2.05 Billion Record Quarterly […]
Crocs, Inc. (NASDAQ: CROX), manufacturer of the eponymous resin footwear, issued its 4Q2011 earnings on Thursday, showing double digit growth in full year and fourth quarter earnings, as well as massive growth in its order backlog and cash position. From the company’s press release: “We had a good fourth quarter […]
For his Breakouts and Reversals portfolio, Covestor model manager Ronald Guerrini uses “a simple but robust approach which aims to outperform the S&P500 and NASDAQ 100 with lower volatility and shallower drawdowns.” Ronald averages 22.5 trades a month, and this portfolio’s current top holdings include Baxter International Inc. (BAX), Patterson-UTI […]
Alejandro Paschalides manages the Energy portfolio on Covestor, and is the Founding Principal of Carina Funds. We had the opportunity to ask Alejandro how the recent turmoil in the Mideast affects his thinking about investing in the energy sector right now. His response: The recent turmoil in the Middle East […]
For his Greater China portfolio, Covestor model manager James Hofmann seeks “to invest directly in China through equities ADRs, using a value-based strategy” combining “a top-down macro approach… with a bottom up equity valuation.” Current top holdings in the model are Trina Solar Ltd (TSL), China Petroleum & Chemical Corp […]