Buy Pioneer Natural Resources (PXD) in my long-term Jubak Picks 50 portfolio
I added Pioneer Natural Resources to my long-term Jubak Picks 50 portfolio https://jubakpicks.com/jubak-picks-50/ on Friday, January 13 (https://jubakpicks.com/2012/01/13/10-stocks-for-10-years-2012-edition-my-annual-update-of-my-long-term-jubak-picks-50-portfolio/ )...
(Finally) why I added DuPont to my long-term portfolio back in January–and why I’d still buy it today
This isn’t your parents’ chemical company anymore. For example, EI du Pont de Nemours (DD), DuPont to its friends, got 28% of its sales in 2010 from its agriculture and nutrition segment. (That percentage will go up once DuPont integrates its acquisition of Danisco,...The happiness of "early" and the sadness of "too early": How to maximize your portfolio's happiness
There’s early. And then there’s too early. Early is buying Apple (AAPL) on October 6, 2008 at $98.14 and having to wait until March 2009—six months–before the stock moves up. And up. And up. On March 6, 2009 Apple closed at $85.30. A year later on March 5, 2010...Core U.S. inflation rate accelerates to normal
Two ways to look at this morning’s U.S. inflation data. First, the Consumer Price Index (CPI) came in above expectations with a 0.4% increase in January. Economists had expected a 0.3% increase, according to Briefing.com. That puts the headline inflation rate at an...Investing in water–it's hard but here are 8 stocks that do the job
China, the world’s largest wheat producer, is facing a severe drought in areas of the North China plain that account for 67% of the country’s wheat crop. China’s wheat production fell to 114.5 million tons in the 2010 harvest from 115.1 million tons a year earlier....Inflation edges higher in Brazil–and government budget cuts are just the minimum expected
In spite of a 0.5 percentage point increase in its benchmark Selic interest rate to 11.25% and an increase in bank reserve requirements in December, inflation in Brazil failed to slow in January. The IPCA index rose 0.83% for the month, increasing the annual inflation...USDA reports global wheat producer lower than expected–forget about inflation relief from falling food prices
This isn’t good news for anyone worried that soaring food prices are fueling global inflation. Today, February 9, the U.S. Department of Agriculture lowered its forecasts of global wheat inventories because of falling production in the Ukraine. Global stockpiles will...Buy Fluor (FLR)
Doing some catch up on this stock. I added Fluor (FLR) to the Jubak Picks 50 long-term portfolio https://jubakpicks.com/jubak-picks-50/ on January 18, but this is the first time I’ve had an opportunity to explain why in detail or to actually add it to the portfolio....For commodity profits follow the long cycles–here's how
The sky’s the limit. The sky is falling. In the short term pretty that much describes the behavior of commodity stocks. And it’s all too easy to get caught up on the drama of those short-term moves because the possible profits if you can outguess the market are all...Buy Baidu (BIDU)
Doing some catch up on this stock. I added Baidu (BIDU) to the Jubak Picks 50 long-term portfolio https://jubakpicks.com/jubak-picks-50/ on January 18, but this is the first time I’ve had an opportunity to explain why in detail or to actually add it to the portfolio....U.S. manufacturing growth accelerates: Will job growth follow?
Growth in the manufacturing sector of the U.S. economy, which has led the economic recovery, actually accelerated in January according to the ISM Manufacturing Index released yesterday February 1. This survey of attitudes among purchasing managers climbed to 60.8 in...Egypt has escalated the food crisis and shifted global economic policy on inflation too
Food prices are headed back to the historic peaks they hit in 2007-2008. Last time I wrote about food—on January 14–that was the headline.  A little more than two weeks later that observation seems old hat. Events in Tunisia and Egypt—and elsewhere in the...And the winners among oil stocks from the Egyptian crisis are…
Interesting pattern in today’s big winners on the New York Stock Exchange: the list is dominated by the names of relatively small, predominantly domestic energy producers. As of the end of trading in New York today you would have found these stocks among the big...Where the heck are we in the economic cycle anyway? The answer is important in deciding what sectors to overweight
Are you in the right sectors of the stock market for this point in the economic recovery? Solid data stretching back to 1945 show that certain industries and sectors outperform during specific stages of any economic recovery. No argument from me on that. I think...Update Boeing (BA)
What can I say? It could have been worse. And the company (as well as investors) dodged the big bullet. Boeing (BA) reported fourth quarter earnings per share of $1.56 a share including 45 cents a share in special items. Those special items included a 50 cents a share...Food prices are back to 2008 peaks–here are 10 stocks that tap into the trend
Riots in Algeria over the cost of sugar and wheat. Mexico’s government buys corn futures to hedge against rising tortilla prices. Indian Prime Minister Manmohan Singh forced to arrange onion imports from traditional enemy Pakistan. Chinese Premier Wen Jiabao promises...Sell Intel (INTC)
Intel (INTC) will probably report a very good fourth quarter of 2010 on Thursday, January 13, after the market closes. The Wall Street consensus is looking for 50 cents a share. That would be up 22% from the fourth quarter of 2009. I think Intel is likely to make that...Buy Baidu (BIDU)
Shares of Baidu (BIDU), China’s leading Internet search provider, have been drifting lower since a November 11 high of $114.10—until yesterday. As of the close in New York, the shares had moved up to $101.25, a 2.5% gain on the day. The most recent part of the price...10 stocks picks for profiting in a volatile 2011
2011 is shaping up to be a volatile year. The euro debt crisis threatens to expand to include Spain—before Greece and Ireland have moved out of danger. The U.S. economy seems to be on a path of moderate growth but the end of spending from the 2009 stimulus package in...Left to fight alone, the European Central Bank doubles its ammo
The euro debt crisis takes another bite at Spain and expands to Belgium. But German opposition to a bigger bailout fund has left the European Central Bank to fight the problem alone. So, prudently, the European Central Bank has decided to raise more capital. Today,...Relief rally takes hold ahead of the European Central Bank meeting tomorrow–Will the bank rain cash on the markets?
A very impressive relief rally is in progress today. It’s built on real good news on the U.S. economy, higher than expected growth in manufacturing in China (which is good short-term and bad long-term), strong statements from the European Central Bank—and relief that...The U.S. is the champion stock market in the world–at the moment–although its reign is likely to be rather short
When you’re being chased by a bear, you don’t have to run faster than the bear; you just have to run faster than the other guy. Good advice when you’re camping in bear country. Good advice, too, when you’re thinking about how to allocate your money in the current very...So what happened to the euro relief rally?
Ireland formally appealed for a rescue by the European Union and the International Monetary Fund on Sunday November 21. The European Union and IMF quickly agreed to the request. Irish Prime Minister Brian Cowen said he expects talks on the package to be completed in...Buy Westpac Banking (WBK)
They have banks in Australia too. And a stronger economy and an appreciating currency against the U.S. dollar. And no government constraints on raising dividends if a bank wants to signal its confidence in the future. I’m going to use the weakness in Australian stocks...So who won the elections?–which stocks? I mean
The U.S Chamber of Commerce had spent $35 million on the mid-term elections as of November 2, according to the Center for Responsive Politics. American Crossroads, another independent organization, spent $22 million. The Club for Growth $8 million. The National...China stocks reverse; Shanghai finishes up 2% on belief that yesterday's interest rate hike will be last one
Well, that’s one way to read it. After dropping in the first hour of trading, China’s stocks climbed,with the Shanghai Composite Index going from a 1% loss in the first hour to a 2% gain at the close. Investors and traders in China have apparently decided that...The mortgage foreclosure "robo signers" could cost banks big money–because of put backs
Add another word to English as spoken on Wall Street: robo signer. These are the folks at banks and mortgage servicing companies who signed hundreds of foreclosure documents a day. Frequently they didn’t read them at all. Even more frequently they didn’t bother to...Where corn prices go (and that’s UP), meat prices will follow
The fall out continues from the U.S. Department of Agriculture’s shocking turnaround on the size of this year’s corn crop. On Friday October 8 the USDA completely reversed its optimistic September 30 projection of corn production for the year and slashed its estimate...Intel's earnings bring a sigh of relief, if not excitement, to technology stocks
Solid. I’d say Intel’s (INTC) third quarter earnings report, released after the market close yesterday, October 12, is more likely to be greeted with a sigh of relief than a gasp of pleased surprise. Earnings for the third quarter came to 52 cents a share. That’s 2...Jim’s Daily Email Alerts:
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