Morgan Stanley and BMO analysts downgraded several grocery stocks today, causing their stock values to recede substantially. Morgan Stanley downgraded both SUPERVALU INC (NYSE: SVU) and Safeway Inc (NYSE: SWY), while BMO downgraded Whole Foods Market Inc (NASDAQ: WFMI). Losses in the sector weren’t restricted to just those downgraded positions. […]
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Allowing emotions to play a role in investing causes some of the classic investor mistakes, including buying high and selling low, chasing trends that are on the downswing in popularity and improper diversification. And, as Bryan Keller illustrates in his September 28, 2008 article for Seeking Alpha, The Cost of […]
The big news today was the Institute for Supply Management’s December 2010 Manufacturing Report. The report shows PMI rising to 57, up .4 percent from November’s 56.6. This didn’t quite beat analysts’ expectations of a PMI of 57.3, but it does show economic growth thanks to increases in new orders, […]
In their Suncoast Equity model, Suncoast Equity Management uses its SEM-DIS (Suncoast Equity Management-Disciplined Investment System) method to help pick appropriate holdings. The SEM-DIS system is based on the same investment principles utilized by Warren Buffett and Benjamin Graham. Suncoast Equity focuses on choosing businesses rather than stock picking. A […]
Raise the banner and wave the flag—last week, jobless benefit claims dropped by 34,000, which was enough to bring us to the lowest level we’ve had since July of 2008. One company that clearly benefited from this news was workforce consultation and human capital provider Volt Information Sciences Inc (NYSE: […]
When we interviewed J. Stephen Castellano of Ascendere Associates last month about his Systematic Long-Only model, we found his take on consensus estimates interesting. Consensus estimates (see definition) are provided by most media outlets like Yahoo Finance that have financial news and stock information. What was interesting about the Ascendere […]
December 23rd and at the same $7.78 on December 29th. United Continental Holdings (UAL) had a closing price of $23.41 on December 23rd and $23.46 on December
model has been available since February. But Mark now has a new model — Opportunistic Arbitrage Long Only. The difference between the two: while Mark might
The International Council of Shopping Centers (ICSC) and Goldman Sachs released their weekly index of chain-store sales this week. The report (found here) shows that chain store sales during the week of December 25th were up 1 percent from the prior week and up 4.8 percent year-over-year. This was especially […]
In their Large Cap model, manager Gator Capital Management invests in 30 large cap companies. They use fundamental research to determine which companies to add to the model and review earnings releases and conference calls to help narrow the choices down. They also talk to company managers to clarify any […]
BTC Impex takes a generalist approach to investing with no focus on any particular industries or sectors. They specialize in value stocks and use a combination of top down analysis with bottom up fundamental analysis. They attempt to identify companies that are either fundamentally strong or weak and find both […]
Investors were in for an onslaught of economic news today. The Department of Commerce released its Advance Report on Durable Goods for November today, and it turns out that new orders for durable goods decreased 1.3 percent. Click here to see the full report. The Department also released the New […]