Archive for September, 2009
« Previous EntriesAlternatives To Jarden
Tuesday, September 29th, 2009Momentum investors, and those who invest in consumer goods companies, probably already have Jarden (NYSE:JAH) stock on their watch lists. This 100-plus brand agglomeration of businesses has been tearing it up in 2009, up 140% year-to-date (seven times the Russell 1,000 and above both its 50-day and 200-day moving averages). Topping things off, Goldman Sachs recently added […]
A New Thread
Tuesday, September 29th, 2009Today I’m starting a new thread at Ashworth Information entitled “Retail Liquor Prices - North America.” It will examine liquor prices in North America. I find the subject fascinating and I hope you do too. Please feel free to submit products for discussion. Cheers.
What’s New In Blank Checks
Friday, September 25th, 2009The Wall Street Journal recently reported that NRDC Acquisition Corporation (Amex:NAQ), a blank-check company set up in 2007 by Richard Baker, son of real estate and retail tycoon Robert Baker, is looking to convert into a REIT, buying distressed retail properties such as supermarket-anchored strip malls. While I’m not a fan of blank-check companies, which […]
Hyatt’s IPO: Don’t Even Go There
Thursday, September 24th, 2009According to a September 8 report by Renaissance Capital, a whopping 67 companies have filed S-1 registration statements with the SEC and are looking to go public, up from 29 in March. Renaissance, which specializes in IPO research, suggests most of the current wave is private equity firms looking for some liquidity from their investment […]
Profit Using High And Low Turnover Funds
Thursday, September 24th, 2009The average annual turnover rate for stock funds is not as high as you might think. According to the 2008 Investment Company Institute fact book, the average annual turnover was 59%, right on the 35-year average and much lower than turnovers experienced in the mid-1980s when they were in the 80% range. Now I don’t […]
4 Stocks With Value And Growth
Tuesday, September 22nd, 2009Jim O’Shaughnessy, CEO of O’Shaughnessy Asset Management, is probably best known for his 1996 investment classic, “What Works On Wall Street“. In it, he analyzes over 50 years of market data concluding that stocks with low price-to-sales ratios produce the best long-term returns, better than both price-to-book and price-to-earnings, the two more common ratios of […]
Finding Deep Value In The Meat Department
Friday, September 18th, 2009Benjamin Graham found great value in stocks with share prices trading at two-thirds net current asset value per share (NCAVPS). He would then sell once the share price hit its NCAVPS. It was hard back in the 1950s to find any companies that traded so cheaply, and today it’s darn near impossible. However, that doesn’t mean […]
The Brookfield Portfolio
Thursday, September 17th, 2009Loews Corporation (NYSE:L) is one of America’s great holding companies. Its founder, Laurence Tisch, has a truly fascinating story, filled with the intricacies of building a conglomerate with many tentacles, seemingly reaching into every part of American life - the path he took is almost unimaginable. History is littered with companies that have tried and failed […]
How Comprehensive Is Your Income?
Thursday, September 17th, 2009How many investors take the time to go through the comprehensive income portion of the profit and loss statement? Probably not many. Most of us are interested in black and white, unambiguous numbers like total revenues and net profits. Mention comprehensive income and our eyes glaze over. So what is it exactly? It’s the change […]
Four Stocks That’ll Deliver
Monday, September 14th, 2009Health and money are perhaps the two most prevalent issues we face daily. These four stocks can help ease the pain in their own way while maybe even putting a few dollars in your pocket. It’s a win/win situation.
Micro Cap - Main Street Capital (Nasdaq:MAIN)
Where do you go if you’re a company with $10-$100 million […]