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Buy Westpac Banking (WBK)

They have banks in Australia too. And a stronger economy and an appreciating currency against the U.S. dollar. And no government constraints on raising dividends if a bank wants to signal its confidence in the future. I’m going to use the weakness in Australian stocks...

Update Ambev (ABV)

Every quarter I think that the run in shares of AmBev (ABV) might be over. After all the stock is up 42% in 2010 as of November 8. But then the company does something to surprise me. And I decide that it’s worth staying on board. This time, the company said on...

Sell Middleby (MIDD)

I’ve owned Middleby (MIDD) in my Jubak’s Picks portfolio since May 20, 2008 and I think it’s now time to take some profits. Nothing unusual about these shares. And that’s exactly the point. At this stage of the rally I’d like to keep close watch on valuations and sell...

Update Middleby (MIDD)

Has Middleby (MIDD) finally moved off the back burner? Middleby’s shares were up 29% from February 8 through March 5, and the relative strength on the stock has moved to 72 for the last three months from 56 over the last six months. (Relative strength measures how a...

Update Marvell Technology Group (MRVL)

After the market closed yesterday (March 4) Marvell Technology Group (MRVL) reported fourth quarter fiscal 2010 earnings of 40 cents a share (excluding items). That was 3 cents a share above the official Wall Street consensus. Revenue climbed 64% from the fourth...

Sell Ritchie Bros. Auctioneers (RBA)

Before the stock market opened yesterday morning (March 4) Ritchie Bros. Auctioneers (RBA) reported earnings per share of 20 cents and revenue of $97.1 million. The earnings number matched Wall Street projections but revenue 1% above expectations of $95.8 million....

Update Maxwell Technologies (MXWL)

So how do you miss earnings estimates by 36 cents a share, reporting as Maxwell Technologies (MXL) did on February 18 after the stock market closed a loss of 39 cents a share for the fourth quarter, and yet miss revenue projections of $28.8 million by just $800,000?...

Buy Marvell Technology Group (MRVL)

Buy Marvell Technology Group (MRVL) Marvell Technology Group (MRVL) is in the right markets at the right time. (For more on what those markets are see my post http://jubakpicks.com/2010/01/19/get-your-portfolio-ready-for-the-profitless-global-economic-recovery/ )...

Sell Burlington Northern Santa Fe (BNI)

This one is very simple: Warren Buffett’s Berkshire Hathaway (BRK.A) is buying the Burlington Northern Santa Fe (BNI) railroad for $100 a share. So I’m selling it out of my long-term Jubak Picks 50 portfolio because in the long-term this stock isn’t going...

Sell Accor (ACRFF.PK)

In a very controversial vote Accor’s (ACRFF.PK) board of directors voted on December 15 to split the company into two businesses. Accor Hospitality would focus on the company’s hotels and Accor Services would focus on voucher and pre-paid services. Activist...

Sell Q Cells (QCLSF.PK)

Solar has become an impossible business—even if you are the largest independent producer of solar cells in the world—if you can’t get costs under control. Q Cells (QCLSF.PK) is the midst of layoffs, write downs, and asset sales that are intended to fix what is now an...

Sell Tejon Ranch (TRC)

This isn’t so much a negative judgment on Tejon Ranch (TRC) as it is on the state where all its real estate is located: California.  The state’s politics are completely dysfunctional. Its tax system is broken. It’s vaunted quality of life—that once included such...

Update State Street (STT)

Jubak Picks 50 portfolio member State Street (STT) is gradually finding its way back to its core business of collecting fees for managing assets that belong to others and away from an ill-fated build up of its own investment portfolio. At the height of that past...

Update Accor (ACRFF.PK)

In a very controversial vote Accor’s (ACFF.PK) board of directors voted on December 15 to split the company. The issue will go to a vote by shareholders no earlier than June 2010 and no later than the end of the year. The board’s vote would split the company into two...

Update Maxwell Technologies (MXWL)

I hate it when this happens: A perfectly good growth stock gets adopted by momentum investors. It soars in the days before the company issues earnings on the hope that the good news already in the stock price will turn into great news in the quarterly report. When it...

Update Market Vectors Brazil ETF (BRF)

The fundamentals are improving in Brazil–but right now it’s global cash flows that are driving emerging market stocks. In the long run I want Brazil in my portfolio because of those improving fundamentals . In the short run I want to own Brazilian stocks...

Buy Corning (GLW)

I bought shares of Cisco Systems (CSCO) for Jubak’s Picks on September 25 because, among other reasons, the company has a history of buying promising new technologies and then using its huge market clout to grow them. It’s about as close to a venture capital fund as...

Update PepsiCo (PEP)

Before the stock market opened on October 8, PepsiCo (PEP) reported third quarter earnings of $1.08 a share (5 cents above Wall Street projections) and revenue of $11.08 billion. The earnings number was 5 cents a share above Wall Street earnings estimates, but the...