Update Cisco Systems (CSCO)
When I was a kid and I’d turn up my turn up my nose at a great present that wasn’t exactly what I wanted, my grandmother would say, What do you want, egg in your beer? Well, today, May 13, investors in Cisco Systems (CSCO) remind me of that little kid I was. They’ve...Apple has completely disrupted the technolgy sector: Can anybody else play this game?
It’s war. Full out war. Savage your former allies war. To the victor go the spoils war. To the death war. It’s Google (GOOG) against Hewlett Packard (HPQ) against Microsoft (MSFT) against Dell (DELL) against Lenovo (LNYGY) against HTC against Amazon.Com (AMZN)—and, of...
Buy Cummins (CMI)
Way back on April 20, I said that I’d like to add shares of Cummins (CMI) to Jubak’s Picks. Well, the stock ran away from me, I mean really ran, before I could get in a buy. Now thanks to the European debt crisis the shares have given up all that gain and a little bit...Sell Potash of Saskatchewan (POT)
So was that good news or bad news that Potash of Saskatchewan (POT) announced this morning, April 28? For the first quarter of 2010 the company reported earnings of $1.47 a share and revenue of $1.71 billion. Both numbers beat Wall Street projections of $1.32 per...Looking for tech stocks? Try the server market
The Great Recession created quite a backlog in the technology sector. The average corporate notebook computer is now four years old, according to Needham & Co., and the average corporate desktop is five years old. That catch-up market is huge. One reason I own...Sell Qualcomm (QCOM)
You’ll pardon me, I hope, if I’m nervous heading into Qualcomm’s (QCOM) earnings announcement for the second quarter of fiscal 2010 on Wednesday, April 21. Last quarter Qualcomm shares dropped 14.3%–or $6.72 a share–on January 28, the day after the company...Cheap money is the root of all financial bubbles–and it's still at work now
If you’d like to see somebody—lots of somebodies, if I had my wish–go to jail for their role in creating the lob al financial crisis, then $8 million looks cheap. That’s the budget for the Financial Crisis Investigation Commission. If, just for starters, some of...Palm is for sale–RIMM, Apple, and Google crush smart phone pioneer
Palm, a pioneer in what turned into the smart phone market, has hired Goldman Sachs and Qatalyst Partners to find a buyer, according to Bloomberg. Leading candidates, Bloomberg reports, are Taiwan’s HTC and China’s Lenovo Group (LNVGY). Lenovo recently repurchased its...Political passion and profitable investing don't mix
Turns out that it’s hard to invest profitably when you’re wearing political blinders. What counts in investing isn’t the world as you’d like it to be but the world as it is. Yesterday, on the day after the evening when Democrats in the House succeeded in passing the...With others cutting back on capital spending, ExxonMobil plans to spend more
ExxonMobil (XOM) goes its own way. Again. When oil prices were soaring in 2006 and 2007, ExxonMobil refused to get sucked into a race to see who could spend more on exploration. Now that everyone else is cutting back on capital budgets (and some companies such as...The one must-have number for successful long-term investing
How do you decide what to buy? I get the question a lot and I think it’s a good one. The answer depends on things like how long I’m planning to hold the stock, whether I see it as a value or a growth play, and where the momentum is in the market. If I’m looking for a...China's banks need to raise $90 billion in capital through 2011
That’s a bit of a headwind. This week China’s big state-controlled banks announced plans to raise $11 billion through stock and bond sales to meet new capital requirements set by the country’s bank regulators. For example, Bank of China (BACHY.PK) has announced plans...Buy Telkom Indonesia (TLK)
Telkom Indonesia (TLK), or Telekomunikasi Indonesia, is a complicated machine with all the parts, I think, moving together in the right direction. Let me explain. First, there’s the growth in Indonesia’s economy, which is forecast to show a 5.2% increase in GDP in...Honey, we bankrupted the kids!
Worried that the global financial crisis combined with the Great Recession in the United States has bankrupted not just ourselves but our kids and their kids? Good. You should be worried. Maybe then we’ll do something about the problem before it’s too late. First,...Update Taiwan Semiconductor (TSM)
Everything is working out exactly as I planned when I bought Taiwan Semiconductor Manufacturing (TSM) on October 20, 2009—with the small exception of the share price. When the company reported fourth quarter 2009 earnings on January 28, it confirmed the two major...Odds that this is a 10% correction (and not just 5%) rise as tech stocks sink
About a week ago, on January 22, I wrote a post called “So far this looks like just a correction” https://jubakpicks.com/2010/01/22/so-far-this-looks-like-just-a-correction/ I noted that the rally that began in March had been dotted with 5% corrections, but that we...When to buy
If this is a correction and if this is therefore a buying opportunity, how long do you wait? That’s the most asked question I’m seeing in the comment sections of the Jubak Picks today. My opinion? I think we’ve got more downside next week. And I’m going to explain why...Technology shares leading this rally so far
Technology stocks look placed to lead the market on both technicals and earnings. After Friday’s sell off, the sector resumed an uptrend on Tuesday January 19 that stretches back to the late November lows. Strong results from Intel (INTC) on Thursday and IBM (IBM)...Google's China troubles not so great for Baidu?
Troubles at Baidu (BIDU)? Traders jumped into shares of Baidu last week on the theory that Google’s (GOOG) troubles in China—and the likely shutdown of the company’s Chinese search engine—would be good news for the biggest domestic search company. Today they seem to...Looking for countries that have their financial acts together? Look to emerging markets like Peru and Indonesia
As far as I know, there’s no financial-markets law saying that if some countries get a credit-rating downgrade, then others must get a credit-rating upgrade to keep the system in balance. But right now it seems to be working that way. The past year has brought...The other war between Apple and Google
There are two fronts in the increasingly bitter war being fought between Apple (AAPL) and Google (GOOG). And while the contest between the iPhone and Google’s Nexus One (and other Android phones) is getting most of the ink, it’s the apps battle that comes with the...Buy Canadian National Railway (CNI)
With Warren Buffett’s purchase of Burlington Northern (BNI), there’s one less trans-continental railroad in North America. And nobody is going to build another one anytime soon. Actually make that ever. Canadian National Railway (CNI) generates the highest operating...
10 stocks for the next 10 years from a portfolio up 58% in its first year
Buy and hold isn’t dead, but its DNA sure could use a bit of genetic engineering. Buy and hold was never intended as buy and forget, but a great bull market run like the one that stretched from 1982 to 2000 made it seem like all an investor had to do was buy and then...Buy SunPower (SPWR)
Demand will pick up—eventually—for solar energy companies as the global economy crawls toward recovery and as countries add more incentives for clean power. That doesn’t mean that everyone is going to make money, though, since prices are dropping like a stone and many...What's the matter with …? (Fill in the blank with your favorite stock)
Nothing like a market where volume is drying up as it usually does at the end of the year—which makes it easier for traders to move stocks on news and rumors. Especially when the world is so busy supplying lots of potentially market-moving headlines. It’s a potent...ExxonMobil buys U.S. natural gas for $31 billion–I told you this was a big trend
ExxonMobil (XOM) will buy XTO Energy (XTO) for $31 billion in stock. (ExxonMobil will also assume $10 billion in XTO Energy debt.) This acquisition is just the latest example of a shift among the international energy majors from exploration and development for oil in...Apple's iPhone to go to T-Mobile and not Verizon in 2010
When AT&T’s (T) exclusive deal expires in 2010, Apple’s (AAPL) iPhone is most likely to find a second home with T-Mobile and not Verizon (VRZN). That’s the conclusion of a note published by analyst Doug Reid of Thomas Weisel Partners and picked...Everyone agrees that the dollar will keep falling; the dispute is over how long
Unemployment. Consumer spending. New home sales. End of the year profit-taking. End of the year portfolio window dressing. All those drive the stock market day to day. But none pack the wallop that the rising and falling (mostly falling recently) price of the U.S....Buy Coach (COH)
Listening to the management team at Coach (COH) talk about the company’s business is an odd experience. This “fashion” company spends a lot of time talking about “engineering” its products and building production and distribution “infrastructure.” (Want to hear a...Jim’s Daily Email Alerts:
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