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...
Help, please–I’ve lost Chesapeake Energy in my 50 Picks portfolio
In the process of revising the long-term 50 Picks portfolio and selling my short-term position, I seem to have deleted the entry for Chesapeake Energy (CHK) in my long-term Jubak 50 portfolio. It should still be that portfolio–even though I’ve sold it out of the 12-18...Buy Market Vectors Preferred ETF
It’s common these days for personal finance gurus, financial advisors, and, of course, mutual fund company CEOs to lament the proliferating flavors of ETFs (exchange traded funds.) And I’d agree that we probably really don’t need an ETF that gives the owner...Buy Kinder Morgan (KMI) for the cash flow
Kinder Morgan’s (KMI) decision to cut its dividend to 50 cents a share certainly wasn’t popular with the market and especially not with the income investors who had stuck with the company when it rolled its MLP (master limited partnership) Kinder Morgan Energy...Update Marathon Petroleum: Was that a miss?
Update February 3: Shares of refiner Marathon Petroleum (MPC) are off a huge 8.89% as of 11:30 a.m. New York time on a daunting fourth quarter earnings miss reported this morning. That is, if it is actually a miss. Marathon reported fourth quarter earnings per share...
Update Syngenta on $42 billion all-cash bid
Update February 2: It looks like a buy out of Syngenta (SYT) is on again. Bloomberg is reporting that China National Chemical, a state-owned enterprise, will announce a formal bid for the Swiss seed and agricultural chemical maker as early as tomorrow. The price...Buy ProShares Short S&P ETF
With the uncertainties of the long weekend behind us and the U.S. markets up slightly on news out of China, I’m adding, as promised last week, the ProShares Short S&P 500 ETF (SH) to my Jubak Picks portfolio to provide some downside protection in a market that...
Buy Capital One
Financial stocks tend to do well as interest rates rise. What you’re looking for in this environment is a bank stock that is likely to show an increasing net interest margin. Like Capital One Financial (COF). In the third quarter net interest margin rose to 6.73%, up...Buy Synaptics
Today, November 10, I’m adding Synaptics (SYNA) to my Jubak Picks portfolio. The immediate news behind this decision is a Digitimes report last week that Synaptics has won orders from Apple (AAPL) that will put its LCD driver chips into 2016 iPhones. This is quite a...
Buy Alibaba
I’m adding the ADRs of Alibaba (BABA) to my Jubak’s Picks portfolio today ahead of the company’s report of fiscal second quarter 2016 earnings tomorrow before the New York market opens. The units are up 30% from September 29, but September 29 marks the low for the...
Buy Verizon (VZ)
Tomorrow, October 23, I will add shares of Verizon (VZ) to my Dividend Income Portfolio. Verizon’s shares closed at $45.89 on October 22 with a 5.06% yield. Verizon reported third quarter earnings on October 20. By and large the numbers were so-so. Earnings of $1.04 a...
Buy Cummins (CMI) for my dividend portfolio
Cummins (CMI) is a cyclical that’s good at being a cyclical. Which is why I’ll be adding the stock to my JubakPicks Dividend Portfolio tomorrow. The shares closed today, October 12, at $111.98, down from the top of its 52-week range at $151 (and not too far off the...Stillwater Mining is a hold for 2016
Bad news for the South African platinum sector, which produces about 80% of the world’s platinum. A sharp drop in capital investment beginning in 2008 (when it was an annual $3 billion) and stretching into 2015 (when it was an annual $1 billion) has hit platinum...Statoil’s second quarter: Better than the average oil company
Update: July 28, 2015. Statoil (STO) reported second quarter results today (July 28) that beat consensus estimates on both earnings (NOK3.15 a share vs. the NOK1.62 consensus) and revenue (NOK138.5 billion vs. NOK124.8 billion analyst consensus.) That doesn’t mean...Update Visa
Updated July 24, 2015. On July 23 Visa (V) reported fiscal year third quarter earnings of 62 cents a share (excluding one-time items), beating the Wall Street consensus of 58 cents a share. At $3.52 billion revenue for the period was up 11.4% year over year and ahead...
Exxon Mobil (XOM)
Normally I look for dividend yields above 4% or 5% for my dividend income portfolio. On this measure, Exxon Mobil (XOM) with its 3.35% yield isn’t exactly an astounding opportunity. But something out of a recent report from Goldman Sachs caught my eye: Exxon Mobile...
Visa
If you think of growth at Visa (V) and MasterCard (MA) in terms of business as usual, then even in a slow growth global economy where a company with a clear long-term growth trajectory should command a premium, these two stocks seem pricey. Using the current Wall...Ionis Pharmaceuticals
Shares of Ionis Pharmaceuticals (IONS) no longer look like a falling knife and I’m adding them to my Jubak’s Picks portfolio https://jubakpicks.com/the-jubak-picks/ . One of the biggest cancer conferences of the year—that of the American Society of Clinical...Finally some growth at stock pick Xylem
When Wall Street doesn’t expect much of any growth, a 3.1% year-to-year increase in revenue is reason for dancing in The Street. That’s what’s happening with shares of Xylem (XYL) today. As of 3:00 p.m. New York time the stock was up 3.22%. The catalyst? First quarter...More capital spending–more cash flow–for Targa Resources
Not that nothing else matters—the price of natural gas and natural gas liquids is important—but my theory is that at the moment, in the current cheap money environment, the crucial thing that investors in energy MLPs (master limited partnerships) need to know is...OncoGenex pops today on hopes for major cancer drug news tomorrow
Shares of biotech OncoGenex (OGXI) were up 8.9% today, March 10 at the close in New York. Why? Because March 10 is the day before March 11. The company is scheduled to report fourth quarter results on March 11 after the close of the New York market and speculation...
eBay (EBAY)
eBay (EBAY) has been a volatile stock since I added it to my Jubak Picks 50 long-term portfolio https://jubakpicks.com/jubak-picks-50/ on May 3. (For all of my annual changes to that portfolio see my post...Too early to buy except as a trade, but stock pick Yamana is doing what a gold miner should be doing now
It’s early in the transition of gold mining companies to the lower price of gold, but I think we can already stake out a few of the important differences among the mining companies. On this scorecard, I think Yamana Gold (AUY) is a good example of what you should be...Income investing stock pick Seadrill goes back to its normal dividend payout schedule this week
I’ve had a number of readers email me to ask, “What happened to Seadrill’s (SDRL) fourth quarter 2012 dividend? That dividend would normally have been paid out in January and it wasn’t. Now that the stock is about to go ex-dividend for its first quarter dividend, let...
Cummins (CMI)
When on April 30 Cummins (CMI) announced that the first quarter would mark the low point in revenue for 2013, markets ignored the news and instead focused on the company’s big first quarter earnings miss. (You have to admit missing by 37 cents a share and reporting a...Jim’s Daily Email Alerts:
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