March 11, 2019 @ 11:28 pm | Breaking News, Jubak Picks Portfolio, NVDA |
Nvidia (NVDA) has won the bidding to acquire Mellanox Tech (MLNX). Nvidia has said that it expects the acquisition, which will be funded through cash on the Nvidia’s balance sheet, to be accretive to non-GAAP gross margin, non-GAAP EPS, and free cash flow...
March 7, 2019 @ 10:42 pm | Breaking News, Jubak Picks Portfolio, Sell, VLO |
Valero Energy is the largest independent largest independent refiner in the United States. And it’s also one of the best refiners in the world, period. But this just isn’t a good time to be a refiner and the oil market has moved in ways that negate many of...
March 7, 2019 @ 10:33 pm | Breaking News, CTRP, Jubak Picks Portfolio, Sell |
Yesterday I posted that I would sell Ctrip International.com out of my Jubak Picks portfolio at the first sign that the stock’s upward momentum had broken. Well, the New York traded ADS for Ctrip closed down 5.42% today. I think that counts as a break and...
March 6, 2019 @ 7:07 pm | Breaking News, CTRP, Jubak Picks Portfolio, Update |
Way, way back on March 1 I wondered when it would be time to trim some China positions. Then the Shanghai market as a whole was up more than 14% in the last month. Sure, a potential U.S.-China trade deal offered the chance of a rally on the news, but Wall Street was...
March 5, 2019 @ 7:43 pm | Breaking News, Jubak Top 50 Portfolio, LNG, Update |
At the moment everything is running Cheniere Energy’s (LNG) way. And while natural gas remains a cyclical sector and subject to the ebbs and flows of global growth, catalysts are very strong for this member of 50 Stocks Portfolio. Catalysts? Let me count them...
March 4, 2019 @ 11:06 pm | Breaking News, Jubak Picks Portfolio, VWDRY |
The global wind power market is highly concentrated with just four companies accounting for 57% of deployed wind turbines: Vestas (VWDRY), Goldwind of China, General Electric (GE), and Siemens Gamesa (SIEGY). In 2018 developers commissioned 45 gigawatts of onshore...
March 4, 2019 @ 10:46 pm | Breaking News, CRM, Jubak Picks Portfolio, Update |
The entire cloud, cyber security, and software as a service sector was down ahead of the after-hours earnings report from Salesforce (CRM) today. The worry wasn’t so much that the company would miss on fourth quarter earnings, but that this earnings growth...
February 27, 2019 @ 7:49 pm | Breaking News, Buy, Jubak Picks Portfolio, WMT |
Today February 27 I’m adding Wal-Mart (WMT) to my Jubak Picks Portfolio and making it the sixth pick in my Special Report: 10 stocks for an earnings recession on my JubakAM.com subscription site. Only 25% of Wal-Mart’s revenue currently come from outside...
February 26, 2019 @ 7:57 pm | Breaking News, Dividend Income Portfolio, MRK, PFE, Update |
The format was familiar: Seven CEOs sit in front of a Senate Committee probing their industry’s business practices. But whereas a Congressional hearing a decade ago marked a key moment in what was a costly public reckoning for the tobacco industry, today’s...
February 26, 2019 @ 7:52 pm | Breaking News, Dividend Income Portfolio, T |
The U.S. Appeals Court in Washington ruled today that AT&T’s (T) $85 billion takeover of Time Warner (now known as WarnerMedia) could go ahead. The court said in a 35-page opinion that the Justice Department had failed to establish that a lower-court judge...
February 25, 2019 @ 7:56 pm | Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, VMC |
If politicians are to be believed Vulcan Materials (VMC) would be my perfect earnings recession stock. Revenue and earnings look on a steady uphill trend in 209, after carving out that track in 2018. The company’s business is almost totally domestic. And...
February 25, 2019 @ 7:43 pm | Breaking News, DHR, Jubak Picks Portfolio |
I have had some doubts about whether Danaher (DHR) had enough of a catalyst to carry it upward during the slowdown in earnings predicted for at least the first three quarters of 2019? Yes, the company was selling off its dental unit, which would leave the company much...
February 22, 2019 @ 7:41 pm | Breaking News, Dividend Income Portfolio, ING, Update |
I’m sure you’re happy with the 5.80% forward dividend yield on ING (ING). That dividend is why the stock is a member of my Dividend Portfolio. I’m also sure that you’re not happy with the loss in the stock’s price–down 13.64% year...
February 21, 2019 @ 7:52 pm | ALB, Breaking News, Jubak Picks Portfolio, Update |
After the market close yesterday, Albemarle (ALB) announced fourth quarter 2018 earnings that beat Wall Street earnings estimates of $1.47 by 6 cents a share and reported revenues grew 7.4% year over year to $921.7 million, against the $894.5 million consensus. The...
February 12, 2019 @ 6:33 pm | Breaking News, CMI, Jubak Top 50 Portfolio |
Some companies you listen to because their stocks themselves are good investments–and because of their insight into a big chunk of the economy and trends in the economy. For example, I pay attention to what Deere (DE) says in its quarterly earnings report...
February 6, 2019 @ 7:31 pm | AMZN, Breaking News, Jubak Top 50 Portfolio, Volatility |
Nothing wrong with 20% year over year revenue growth–unless, of course, you’re Amazon (AMZN). On Thursday, January 31, the company reported that revenue growth in the fourth quarter–the strongest retail quarter of the year–had at 20% come in at...
February 6, 2019 @ 7:14 pm | Breaking News, Buy, EMR, Jubak Picks Portfolio |
One of my mother’s favorite sayings was “It’s an ill wind that blows nobody any good.” (Lest anyone get the erroneous impression that my mother was an optimist, I’d note that another of her favorites was “Every silver lining has a...
February 5, 2019 @ 6:54 pm | Breaking News, Buy, FXY, Jubak Picks Portfolio |
Earlier today in a post “One consequence of change in Fed policy likely to be a weaker dollar” I noted that a number of Wall Street and big international banks have forecast a drop in the dollar as a result of the Fed’s decision to back off on...
January 29, 2019 @ 7:04 pm | Breaking News, Buy, ISRG, Jubak Top 50 Portfolio |
Today, January 30, I added Intuitive Surgical (ISRG), one of my 10 Best Buys for After the Bear and an artificial intelligence pick from my Next 3 Big Things Special Report (both running on my subscription JubakAM.com site), to my long-term 50 Stocks Portfolio. The...
January 29, 2019 @ 6:50 pm | AAPL, Breaking News, You May Have Missed |
Goes to show you that if you lower expectations enough, you can beat them when you actually report earnings. Even if the earnings report itself is bad news. After the close of the New York market today, Apple (AAPL) reported December quarter earnings of $4.18 a share...
January 10, 2019 @ 7:16 pm | Breaking News, DHR, Jubak Picks Portfolio |
Danaher (DHR) upped its revenue guidance for the fourth quarter on January 8. The company is scheduled to report fourth quarter earnings on January 29. At the conference the company said that its core revenue growth for 2018 to date was 6%. Core operating margins were...
January 8, 2019 @ 7:50 pm | Breaking News, INCY, IONS, Jubak Picks Portfolio, NKTR, Update, Volatility |
Last week the biotech sector seemed in freewill. Bristol Myers Squibb (BMY) had made a deal to buy Celgene (CELG) at a whopping 54% premium to Wednesday’s close and the sector dropped on the news. The prevailing theory was that the deal removed one hungry big...
January 3, 2019 @ 7:38 pm | Breaking News, Jubak Top 50 Portfolio, TCEHY |
China’s media regulators have ended a nine-month freeze on the approval of new video games in the $30 billion Chinese market. Global industry (and Chinese market leader) Tencent Holdings (TCEHY) didn’t have a title among the 80 new games approved, but the...
January 3, 2019 @ 7:22 pm | Breaking News, FXY, Jubak Picks Portfolio, Volatility |
On December 27 I switched to the Invesco Currency Shares Japanese Yen ETF (FXY) from the Vanguard FTSE Developed Markets ETF (VEA) in my Perfect 5 ETF Portfolio (on my subscription sites JugglingWithKnives.com and JubakAM.com) in an effort to get more yen exposure...
January 2, 2019 @ 11:16 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Volatility |
Will Apple’s (AAPL) warning spook stocks tomorrow, Thursday, January 3, to a degree that bad economic news out of China didn’t today? After the close in New York Apple CEO Tim Cook dramatically lowered the company’s estimates for sales in the...
December 28, 2018 @ 6:07 pm | Breaking News, ISRG, Volatility, You May Have Missed |
Once stocks have wound up in the jaws of a bear market, the most pressing question is when/where will it end? Which is tough to predict because we have a relatively small data set to project from–we’ve only had 12 bear markets (using the 20% drop from a...
December 20, 2018 @ 7:08 pm | Breaking News, IWM, Jubak Picks Portfolio |
Going into December, I thought there was enough chance of a strong end of the year rally/ January effect rally to make taking a risk on small company stocks a reasonable call. Even though the entire market looked shaky in the longer term. (That is in 2019.) With the...
December 17, 2018 @ 7:45 pm | Breaking News, Jubak Picks Portfolio, Update, XYL |
Xylem (XYL) One of the “ironies” (for lack of a better word) of Global Warming is that it will put lots of water where many people don’t want it, and it will leave many regions that have enough water now thirsty, and it will threaten to turn many existing supplies of...
December 17, 2018 @ 7:34 pm | Buy, Dividend Income Portfolio, PFE |
I’m going to take advantage of the selling in the market in general and in the drug sector in particular–on news of the asbestos liability at Johnson & Johnson and fears of the death of Obamacare (AKA the Affordable Care Act)–to buy Pfizer (PFE) in my Dividend...
December 17, 2018 @ 7:22 pm | Breaking News, C, Dividend Income Portfolio, Sell |
I’ve done a decent job in 2018 of staying away from the plunging financial sector–except in my Dividend Portfolio. There, sucked (or “suckered” if you prefer) by high dividend yields and the prospects of rising net interest margins as the Federal Reserve raised...