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...
March 2, 2017 @ 5:39 pm | Jubak Top 50 Portfolio, MIDD, Update |
Updated March 2, 2017. On February 28, for the fourth quarter of 2016, Middleby (MIDD) reported earnings of $1.41 a share, 14 cents a share better than Wall Street had projected. That was an increase in earnings from 88 cents in the fourth quarter of 2015. Revenue...
February 28, 2017 @ 7:32 pm | ALB, Jubak Top 50 Portfolio, Update |
I’d never suggest you should ignore the numbers–for the fourth quarter lithium and bromine producer Albemarle (ALB) reported earnings of 78 cents a share, 5 cents a share more than Wall Street was expecting. But the big news the company had to report for...
February 24, 2017 @ 6:25 pm | INCY, Jubak Picks Portfolio, Update |
In a change effective February 28 Incyte (INCY) will replace Spectra Energy (SE) in the Standard & Poor’s 500 stock index. Spectra Energy is being acquired by Enbridge (ENB.) All those index funds and ETFs that track the S&P 500 will have to buy shares...
February 23, 2017 @ 7:34 pm | INCY, Jubak Picks Portfolio, Update |
Usually with a biotech stock you trade the present for the future: no revenue now but the promise of big revenue to come. Incyte’s (INCY) most recent quarter, reported on February 14, doesn’t require that trade off. Which means investors should be asking a...
February 22, 2017 @ 7:34 pm | Breaking News, FCX, Jubak Top 50 Portfolio, Update |
Update February 22,2017. With the world’s largest copper mine at Escondida in Chile out on strike, the fight between Freeport McMoRan Copper and Gold (FCX) and Indonesia is a big, big deal. Copper has already climbed above $6,000 a metric ton and the metal is...
February 20, 2017 @ 7:42 pm | Breaking News, Jubak Top 50 Portfolio, Sell, XOM |
ExxonMobil (XOM) is a hard company to characterize: it does some things so well that it has no peer and it does some things poorly enough to put the company in the middle of the oil company pack. On the very big plus side, nobody does the integration of refineries and...
February 17, 2017 @ 10:59 pm | Breaking News, DE, Jubak Top 50 Portfolio, Update |
Deere (DE), the world’s biggest maker of farm machinery, is signaling that the worst is over in for its industry even as the U.S. Department of Agriculture is projecting another down year for farm incomes. In fiscal first quarter earnings reported today Deere said...
February 17, 2017 @ 7:52 pm | ALB, Buy, Jubak Top 50 Portfolio |
On Tuesday, since U.S. markets are closed on Monday, I’ll be adding shares of Albemarle (ALB) to my long-term 50 Stocks portfolio. The shares closed at $91.92 on Friday, February 17. After the 2015 acquisition of Rockwood Holdings, Albemarle is the world’s...
February 14, 2017 @ 7:06 pm | Breaking News, Buy, Jubak Top 50 Portfolio, TCEHY |
I’ve got a number of open slots in my long-term 50 Stocks portfolio and I’m going to fill one of those with a buy of Tencent Holdings (TCEHY). Tencent Holdings closed at $26.25 today, February 14. Tencent is the other big Chinese Internet stock. It’s...
February 13, 2017 @ 7:53 pm | AGN, Buy, Jubak Top 50 Portfolio |
Today’s buy for Allergan (AGN) in my long-term 50 Stocks portfolio completes the transition I started when I sold the stock in my 12-18 month Jubak’s Picks portfolio. At the time of that sell, I felt that Allergan was chasing too many opportunities that...
February 10, 2017 @ 12:52 am | Breaking News, Buy, FANG, Jubak Top 50 Portfolio |
I’ve been arguing recently–in posts on my paid JubakAM.com site like this one http://jubakam.com/2017/01/red-hot-permian-goes-to-white-hot-with-another-big-acquisition-and-freaks-out-global-oil-market/ and on this site with posts like “Permian power!...