Manager Douglas Estadt is a manager who focuses his short-term holding model on companies with growth stories that are credible but whose price in the market shows that they are still under-valued. This week Douglas bought Baidu Inc (NASDAQ:BIDU). At just over 72, BIDU’s price to earnings ratio is pretty […]
Strategies
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It continues to be a terrifying ride for anyone brave enough to be trading stocks in financials and yet the most bought and sold stocks on Covestor in the last month are still in financial services. Strong trading activity in Bank of America (BAC) and Citi (C) continues even with […]
Investors have seen tremendous damage to their portfolios in 2008. With a return of -45.5% for the S&P 500 since 21st Nov 2007 it has not been an easy year in the market. Last week the New York Times pointed out that the S&P 500 could have its worst year […]