Targa Resources can climb from here but the attraction is the 8% dividend
Last year prices for natural gas liquids fell even faster than oil prices did. Hard as that may be to believe. Which is why the price for shares of Targa Resources (TRGP) are down 23.16% for the last twelve months This year natural gas liquids have recovered faster...
Deere soars on big earnings beat from cost cutting
Update August 19, 2016. It’s not often that you’ll see a stock climb 13.49% on the day when the company announces that full year sales will fall 10%, worse than the 9% drop it had forecast earlier. But that’s the story today for Deere (DE.) The...
Time for me to stop fighting the Fed and its delays on raising interest rates, and sell Capital One
There’s really nothing wrong with the shares of Capital One Financial (COF) that a stronger U.S. economy, a more confident U.S.consumer, and an interest rate increase–or two–from the Federal Reserve wouldn’t fix. It’s just that I...
Trend toward tougher rules on emissions and fuel efficiency continues–with Cummins as a key beneficiary
Update August 17, 2016. New rules proposed by the Obama administration that would require up to a 25% reduction in carbon emissions from heavy-duty trucks over the next 10 years are good news in the long run for Cummins (CMI.) The proposed rules are 10% tougher than...
Xylem looks to buy some growth
Update August 15, 2016 Today, Xylem, a maker of wastewater and water treatment systems, and a member of my Jubak Picks portfolio since September 4, 2012, announced that it would acquire Sensus, a maker of smart meters for the utility market, for $1.7 billion. The...
Alibaba’s 59% increase in revenue puts growth worries to bed
Update: August 11, 2016. Okay, the top line numbers were impressive. Today Alibaba Group Holding (BABA) reported a 59% increase in revenue for its June quarter. But for the first time Alibaba provided segment details on its various businesses–due at least in...
Qualcomm: Now that’s a surprise
Update July 21. After the close of the market yesterday, July 20, Qualcomm (QCOM), the biggest maker of chips that run mobile phones, reported net income of 97 cent a share for the quarter that ended on June 26. That beat the 73 cents a share earned in June quarter of...
U.S. stocks pause ahead of earnings
Not terribly surprising that U.S. stocks are meandering in slightly negative territory today after busting out to new all-time highs. (The Standard & Poor’s 500 stock index was off 0.09% at the close in New York.) We’re about to head into the meat of...
Stocks break above all-time high but that doesn’t answer the growth question
In my Saturday Night quarterback post of July 9 on my subscription site JubakAM.com I wrote that the big question for the upcoming week was whether or not the Standard & Poor’s 500 stock index would this week take out the all-time high near 2135 set in May 2015....Buy ProShares Short Emerging Markets ETF
The plunge in developed market bank stocks–the U.S. KBW Bank Index moved into bear market territory today–is bringing intensified attention to the debt bubble in China. The problem isn’t new–some analysts and yours truly have flagged the huge build up in bad debt in...
Raising target price on Bristol-Myers
Update June 6. The spring/summer meeting of the American Society of Clinical Oncology is the occasion of the year for drug companies reporting new research on cancer treatments. This year Bristol-Myers Squibb (BMY) has had a great meeting with a research report...
Fed’s on the sidelines; time to buy this Treasury ETF
The Brexit vote in favor of ending the United Kingdom’s membership in the European Union effectively took Federal Reserve interest rate increase off the table for July, and September, and November. And maybe even December. Remember that the process of exiting...
Why I’m holding Autoliv through its airbag recall
Updated July 5. Warning: This post contains more than you ever wanted to know about automobile airbag technology. But “more than you ever wanted to know” is “what you need to know” to value the prospects of airbag and auto safety sector leader...Keep an Eye on EUM
Keep an Eye on EUM, it’s going to be huge. Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled...It’s time to add ALV
It’s time to add ALV. This is a test of the SYMBOL Category and how it will look with the Dynamic Stock Price Table. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled...Adding Autoliv to my Jubak Picks portfolio as earnings report confirms growth story
April 29th, 2016 When back on March 29 I gave a thumbs up to Autoliv (ALV) in a post on my subscription JubakAM.com site as a pick for the increasing automaker emphasis upon safety and driver-assisted or autonomous driving systems, I said I’d like to wait until after...
We’re all shocked to discover accounting problems at Alibaba
Update May 31. Near the end of Casablanca, Vichy French Captain Louis Renault shuts down Rick’s Cafe saying, “I’m shocked, shocked, to discover gambling is going on in here.” At that point one of Rick’s employees steps up to the captain and, handing him a bundle of...
Softbank clears the decks by paying down (some) debt
Update June 7. Softbank (SFTBY) continues to pay down debt. The Japan-based telecommunications and Internet venture capital investor plans to sell part of its stake in Alibaba (BABA) for $10 billion, and its shares in GungHo Online Entertainment, a Tokyo game...
What are the chances that the Brexit polls are wrong?
To anyone getting all warm and cozy with the polls showing that voters will decide to stay with the European Union in Thursday’s Brexit vote, I’ve got just one word of warning: Michigan. Remember the Michigan primary between Hillary Clinton and Bernie Sanders this...Softbank clears the decks by paying down (some) debt
Update June 7. Softbank (SFTBY) continues to pay down debt. The Japan-based telecommunications and Internet venture capital investor plans to sell part of its stake in Alibaba (BABA) for $10 billion, and its shares in GungHo Online Entertainment, a Tokyo game...Raising target price on Bristol-Myers
Update June 6. The spring/summer meeting of the American Society of Clinical Oncology is the occasion of the year for drug companies reporting new research on cancer treatments. This year Bristol-Myers Squibb (BMY) has had a great meeting with a research report...Hike in my target price for MGM Resorts today
Update June 1. If you look REAL hard I think you can see signs of a bottom in the Macao gaming market. Which would be good news for MGM Resorts International (MGM) and the planned first quarter 2017 opening of the MGM Cotai. (That casino/hotel would increase MGM...Growth slump looks over for Hain
Update May 24. On May 4 natural and organic foods producer Hain Celestial Group (HAIN) announced fiscal third quarter 2016 earnings of 49 cents a share, in line with Wall Street projections. Revenue of $749.86 million, up 13.1% year over year, beat projections by...Allergan’s earnings report today says there’s life after the collapse of the Pfizer deal
Update May 10. Allergan (AGN) reported first quarter 2016 earnings and revenue today. These results are really the first chance that investors in Allergan have to assess the state of the company since its merger with Pfizer (PFE) died at the hands of changes in tax...Hike in guidance from Incyte outweighs earnings miss today
Update May 9, 2016. Incyte (INCY) reported earnings of 12 cents a share for the first quarter today before the markets opened. That was below the 15 cents a share expected by Wall Street analysts. Of course, the stock fell–NOT. Incyte finished up by 3.07% for...Update Synaptics on deal rumors
Updated April 14. Shares of Synaptics (SYNA), a maker of touch screen technology, are soaring today on one of those unsourced stories–you know “people familiar with the matter”–that the company’s talks with a Chinese investor group are...Adding Autoliv to my Jubak Picks portfolio as earnings report confirms growth story
When back on March 29 I gave a thumbs up to Autoliv (ALV) in a post on my subscription JubakAM.com site as a pick for the increasing automaker emphasis upon safety and driver-assisted or autonomous driving systems, I said I’d like to wait until after the company’s...Update Cheniere Energy
Update March 23. Another big LNG (liquefied natural gas) project has been halted before completion. This time it’s the $40 billion Browse project owned by Australia’s Woodside Petroleum (WOPEY) and its partners. The project is the biggest to be put on hold...Update Wisdom Tree Japan Hedged Real Estate ETF
Update: March 22, 2016. When I added Wisdom Tree Japan Hedged Real Estate ETF (DXJR) to my Jubak Picks portfolio back in December 2014, my idea was that investment flows from China into cheaper (and safer from government eyes) Tokyo real estate plus development for...Jim’s Daily Email Alerts:
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