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 […]
For his Opportunistic Arbitrage portfolio, Covestor model manager Mark Holder looks for small- to mid-cap companies involved in a major corporate transaction such as an IPO or spinoff, or simply operating in “beaten down sectors.” Mark is a CPA educated at the University of Tulsa. He aims for a “well […]
Amazon.com (AMZN) announced the launch of a new feature for Amazon Prime members that allows for unlimited, commercial-free instant streaming of thousands of movies and TV shows. From AMZN’s press release: Millions of Amazon Prime members already enjoy the convenience of free Two-Day Shipping,” said Robbie Schwietzer, vice president of […]
Hewlett-Packard reported its fiscal 2011 first quarter performance Tuesday (2/22) after market close. This was newly appointed CEO Leo Apotheker’s first full quarter with the company, which reported a 4% rise in net revenue and 26% improvement in GAAP diluted EPS to $1.17. These results missed consensus estimates of $1.25 […]
America’s largest book retailer, Barnes & Noble Inc. (BKS) reported its third quarter earnings yesterday (2/22/11). It announced quarterly EPS of $1.00, short of Bloomberg’s reported consensus of $1.13. The company also announced that it would suspend its $0.25 quarterly dividend payment. The Wall Street Journal reports: The nation’s largest bookstore chain as […]
For his Small Cap portfolio, Covestor model manager Derek Pilecki looks for companies “with strong competitive advantages, attractive business models, and management teams that think like shareholders.” Derek, portfolio manager at Tampa, Florida based Gator Capital, generally holds 30 stocks in this model. Current top holdings are Brigham Exploration (BEXP), […]
In his Small Cap Growth model, manager Michael Simon of Alpha Mark Advisors looks for “growth companies with sustainable business models, reliable cash flows and strong management.” Performance of his model as of end of day 2/18/11: * See important disclosures Last week Simon made a number of interesting purchases […]
Author: Yale Bock, YH&C Investments Covestor model: GARP Disclosure: Long GIGM, DGI, NDAQ, CASS, CLGX, JMBA January 2010 was a month of increasing volume and very eventful, with a slew of earnings reports, the State of the Union Address, and the recent turmoil in Egypt. I see February as an […]
Tiernan Ray of Barron’s Tech Trader Daily reported yesterday (2/14) the rumors that chipmaker AMD might be bought by Dell. Ian King at Bloomberg added this harsh quote from an analyst: “There is no management team there [at AMD],” said Patrick Wang, an analyst at Wedbush Securities in New York. There […]