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 […]
Author: Vivian Lewis Covestor model: International Yield Disclosure: Long EC, TEI, SDRL, CEL See important disclosures Given how well small capitalization stocks have performed in the past two years or so in the U.S., voices are growing on Wall Street that the time has come to move to large capitalization […]
Author: Mark Holder Covestor model: Opportunistic Arbitrage Disclosure: Long TMRK, ANR, MEE, PUDA, DKS, LNC, FWLT, ATW, LLNW, LIZ, GFA, SVNT, RIGL See important disclosures January was another decent month for the market, but this model struggled to keep up. After months of strong gains, numerous stocks hit the wall. […]
By: Ryan Lee Covestor model: Long-Term Conservative Disclosure: Long APOL A few months ago I was talking with one of those guys, you know the type, who told me that he hated the public markets and prophesied “We will see a 20% drop in the next six months.” I reminded […]
By Michael Arold Disclosure: Long BX On Thursday, February 10, I added shares of public-traded private equity firm The Blackstone Group L.P. (BX) to my Covestor model portfolio. The stock was meeting my criteria for a high-probability short-term trading position: BX has been showing superior relative strength against the S&P […]
It looks like Netflix CEO Reed Hastings has won, at least in the near term, his argument with hedge fund manager Whitney Tilson over the company’s prospects. Tilson has covered his well-publicized short, as this stock continues to climb and climb. Chart: Google Finance, 9/1/10 through 2/13/11 Cramer’s jumped onboard […]
Author: Robert Freedland Covestor model: Healthcare Disclosure: Long TEVA The Healthcare Model had a good month in January as positions became clear and performance was sorted out. During the month the only transaction was a sale of Par Pharmaceutical Companies (PRX) on 1/18/11 at a price of $36.18. PRX ended […]
>Author: Mark Holder Covestor model: Net Payout Yields Disclosure: Long LMT, COF, CSX, WLP, VOD, ITUB, LO * See important disclosures January was a solid month for this model, as it beat the benchmark (up 2.6% versus 2.26% gain for the S&P 500). For a Risk Score 1 model, the […]