July 21, 2017 @ 6:03 pm | Breaking News, Jubak Picks Portfolio, MGM |
Effective July 26, MGM Resorts International (MGM) will join the Standard & Poor’s 500 stock index to replace Reynolds American (RAI), which is being acquired by British American Tobacco. (That means that all funds that track the S&P 500 index will...
July 20, 2017 @ 7:36 pm | Breaking News, Dividend Income Portfolio, QCOM, Sell |
The earnings Qualcomm (QCOM) reported yesterday, July 19, were okay. Earnings of 83 cents a share for the June quarter, in fact, beat the Wall Street consensus by two cents a share. Revenue of $5.37 billion was ahead of analyst projections of $5.25 billion, but still...
July 20, 2017 @ 7:29 pm | Breaking News, Dividend Income Portfolio, KMI, Update |
Yesterday, July 19, Kinder Morgan (KMI) reported earnings per share of 15 cents, in line with Wall Street expectations. Revenues of $3.37 billion were ahead of the consensus estimate of $3.12 billion and represented year over year growth of 7.1%. Â That was item one...
July 17, 2017 @ 10:59 pm | Breaking News, Buy, Jubak Top 50 Portfolio, NJDCY, Recent Buys |
Back on July 11 I wrote a Sector Monday post on the robotics sector on my subscription site JubakAM.com. I’ve already added Fanuc (FANUY) to my long-term 50 Stocks portfolio. And tomorrow with this post I will be adding Nidec (NJDCY) to that same long-term...
July 13, 2017 @ 7:39 pm | Breaking News, Buy, FANUY, Jubak Top 50 Portfolio |
I’m adding the ADRs for Japan’s Facuc (FANUY:US) to my long-term 50 Stocks portfolio today, July 13. If you’re looking for a stock to take advantage of the long-term growth in the more conventional end of the robotics sector, I think Fanuc is your...
July 13, 2017 @ 7:30 pm | Breaking News, Jubak Picks Portfolio, LNG, Update |
One worry hanging over shares of Cheniere Energy (LNG), the first company to get an unrestricted license to export liquified natural gas (LNG) to any country in the world, was what would happen if some of the customers that signed a long-term contract to buy LNG from...
June 30, 2017 @ 6:20 pm | Breaking News, HAIN, Jubak Picks Portfolio, Update |
I’ve been waiting for this for more than a year. And so have a lot of other investors and traders from the market reaction today. Shares of Hain Celestial Group (HAIN) jumped 8.56% today on news that activist investor Engaged Capital had accumulated almost 10%...
June 29, 2017 @ 5:46 pm | Breaking News, Jubak Picks Portfolio, Update, V |
Visa (V) is defending its turf in the financial processing market by buying and/or partnering with the new generation of fintech companies. Visa’s latest deal is the purchase of a stake of less than 10% in Finland’s Klarna, The still-private company...
June 29, 2017 @ 5:23 pm | Breaking News, Jubak Top 50 Portfolio, VALE, You May Have Missed |
The ultimate goal is to convert Vale (VALE), the global iron ore producer, into a true corporation from its current status as a company controlled by a shareholder group consisting of Brazilian pension funds, Brazilian bank Bradesco, and Japan’s Mitsui. This...
June 26, 2017 @ 7:42 pm | Breaking News, Jubak Picks Portfolio, LNG |
Cheniere Energy (LNG) has a significant first-mover advantage, I argued upon picking this stock for my Jubak Picks portfolio, since it was the first U.S. company to get a unrestricted permit to export liquified natural gas. Turning that advantage into revenue and...
June 20, 2017 @ 7:15 pm | Breaking News, Buy, DHR, Jubak Picks Portfolio |
On June 14 I updated my take on why you want water stocks in your portfolio. The sector has entered a new phase, I argued, that made it important for investors to look for water stocks where customers could pay the bill for clean water. Global demand for clean water...
June 9, 2017 @ 5:24 pm | BABA, Breaking News, Jubak Picks Portfolio, Jubak Top 50 Portfolio, Update |
Yesterday, June 8, Alibaba (BABA) forecast that revenue would climb by 49% for fiscal 2018. That’s a solid 10 percentage points above the recent projection from Wall Street analysts. The New York traded ADRs climbed almost 10% on the news yesterday....
May 19, 2017 @ 6:34 pm | Breaking News, DE, Jubak Top 50 Portfolio, Update |
Before the market open today, Deere (DE) reported fiscal second quarter earning of $2.14 a share. (That excludes the gain from the sale of SiteOne Landscape Supply for $111 million.) Those earnings were 45 cent a share better than the Wall Street consensus of $1.69 a...
May 18, 2017 @ 5:35 pm | Breaking News, INCY, Jubak Picks Portfolio, Update |
Shares of Incyte (INCY) are up 7.1% as of 12:30 p.m. New York time on data released before the June meeting of the American Society of Clinical Oncology showing that Incyte’s epacadostat, which is an IDO inhibitor, has proved effective when used in combination...
May 17, 2017 @ 6:58 pm | Breaking News, Jubak Top 50 Portfolio, TCEHY, Update |
Today, May 17, China’s Tencent Holdings(TCEHY)Â reported a 58% increase in first quarter profit on a 55% increase in revenue. The company’s WeChat app is now the world’s third-largest personal messaging app after Facebook’s WhatsApp and...
May 12, 2017 @ 4:03 pm | Breaking News, Jubak Picks Portfolio, LNG, Update, Z-SYMBOLS (select below) |
Earlier this week the Trump administration announced that it had reached an agreement with China to increase market access for U.S. energy companies. Today Cheniere Energy (LNG) noted that it has had extensive negotiations with Chinese state-owned companies about...
May 11, 2017 @ 7:59 pm | Breaking News, Dividend Income Portfolio, WBK, Z-SYMBOLS (select below) |
The new Australian federal budget includes a 6 basis point (100 basis points equal one percentage point) annual tax on liabilities at the country’s five biggest banks. The tax would apply to liabilities including senior bonds, covered bonds, subordinated bonds...
May 11, 2017 @ 7:54 pm | Breaking News, FCX, Jubak Top 50 Portfolio, Update, Z-SYMBOLS (select below) |
The stakes are so high that a deal is almost a certainty. Freeport McMoRan Copper and Gold  (FCX) needs the copper production from the giant Grasberg mine, the second largest in the world. The government of Indonesia needs the revenue it gains from Grasberg....
May 9, 2017 @ 6:34 pm | Breaking News, COH, Dividend Income Portfolio, Update |
The price is right. The strategy makes sense. Now it’s up to the management team at Coach (COH) to execute. Yesterday, May 8, Coach announced that it would buy Kate Spade (KATE) for $18.50 a share. That’s a 27.5% premium on the December 2016 price for the...
April 25, 2017 @ 12:02 am | BMY, Breaking News, Jubak Picks Portfolio, Sell |
I’m selling Bristol-Myers Squibb (BMY) out of my Jubak Picks portfolio ahead of Thursday’s report of first quarter earnings. I’m afraid that earnings will confirm what monthly sales reports from Bristol-Myers and competitors have outlined: That the...
April 18, 2017 @ 7:08 pm | Breaking News, INCY, Jubak Picks Portfolio, Update |
I know the headlines on Friday said that the U.S. Food and Drug Administration had “rejected” Olumiant (known more frequently until recently as baricitinib), a new drug for rheumatoid arthritis from Eli Lilly (LLY) and research lead Incyte Corp (INCY.) And...
April 13, 2017 @ 6:47 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Update |
Back on April 3 I pointed to Apple 21 as the next big test for Apple (AAPL) shares. (Apple is a member of my long-term 50 Stocks portfolio.) That’s the date when Samsung’s new Galaxy S8 smartphone will go on sale. The S8 is critical to Samsung–the...
April 11, 2017 @ 7:41 pm | Breaking News, Jubak Top 50 Portfolio, Update, VALE |
Vale (VALE) has a new CEO–that’s an important and immediate change. It will take longer to end the control of Vale by a small group of banks and Brazilian state pension funds–until 2020–but that may actually be more important in the long run....
April 10, 2017 @ 7:07 pm | Breaking News, FB, Jubak Top 50 Portfolio, Update |
Facebook (FB) Chief Operating Officer Sheryl Sandberg told Reuters that the company now had 5 million active advertisers on its network each month. That’s up from 4 million advertisers in September and 3 million in March 2016. The number of businesses with...
April 5, 2017 @ 7:23 pm | Breaking News, Jubak Picks Portfolio, Sell, SFTBY |
Tomorrow April 6 I’m going to sell Softbank Group (SFTBY) out of my Jubak Picks portfolio. The shares are up 21.19% since I added them to this portfolio back on February 20, 2015. I originally bought these shares because I liked Softbank’s portfolio of...
April 4, 2017 @ 7:11 pm | Breaking News, Jubak Picks Portfolio, Sell, VMC |
With the Senate about to go nuclear as Republicans change the Senate rules so they can avoid a Democratic filibuster and send Neil Gorsuch to the Supreme Court, any small chance that Democrats would work with Republicans to pass some version of President Trump’s...
April 3, 2017 @ 6:22 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
Apple (AAPL) shares closed at $143.70 today, April 3, near the record high of $144.12 that the stock set on March 29. The stock, a member of my long-term 50 Stocks portfolio, since November 8, 20165, was up 24.07% for 2017 as of the April 3 close. (The shares are up...
March 10, 2017 @ 7:38 pm | Buy, Dividend Income Portfolio, HP |
I’ve been arguing recently that you need to own a piece of the Permian Basin in your portfolio. On February 10 https://jubakpicks.com/my-first-picks-for-buying-a-piece-of-the-permian/ I even gave you my first two picks, producers Pioneer Natural Resources (PXD)...
March 6, 2017 @ 7:09 pm | Breaking News, Buy, Dividend Income Portfolio, ING |
Tomorrow I’ll be adding ING Groep (ING) to my Dividend Portfolio. The Dutch-headquartered banking company pays a 4.87% yield. Five reasons to buy ING now. Three macro reasons. Growth in Europe, especially in the company’s German market, has picked up. In...
March 3, 2017 @ 7:51 pm | CHK, Jubak Top 50 Portfolio |
On February 23 Chesapeake Energy (CHK) reported another big step toward break-even. The company’s net loss for the fourth quarter fell to $741 million (or 84 cents a share) from $2.23 billion (or $3.36 a share) in the fourth quarter of 2015. Investors were...