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...Has Apple blown it? Did the company squander the competitive chance of a lifetime?
I know Apple (AAPL) is an investor darling trading near an all-time high. And I know the company’s products have tremendous consumer cache. So much so that the company is able to sell its iPhones and iMacs for prices well above those charged by competitors. But it...Sell Oneok Partners (OKS)
Sell Oneok Partners (OKS) Master limited partnership units of Oneok Partners (OKS) have run through my target price of $54 a share by March 2010 and just kept on going. I still like this natural gas pipeline play for its yield of 7.5% (as of November 9, 2009) so I’m...The natural gas glut in the U.S. shows no signs of slowing production
Doesn’t anybody know that there’s a natural gas glut in the United States? In a glut low prices are supposed to force producers to shut wells and reduce production so that demand has a chance to catch up with supply and prices can start to rise. It just doesn’t seem...The sky isn't falling and the dollar isn't going to zero. Yes, the dollar is in a slow and long-term decline but don't buy what the panic mongers are selling
Elisabeth Kubler-Ross laid out the five stages of grief in her 1969 book On Death and Dying. There’s denial, anger, bargaining, depression, and finally acceptance. The financial markets when confronting a strong trend work through their own five stages. Not of grief....Losers and 5 winners from health care "reform"–and why we'll be fighting over who pays for a decade
We know what the health care reform legislation due today for a vote in the Senate Finance Committee will cost: $829 billion over ten years. We know that it will extend coverage to 94% of all Americans, up from 83% now. And, thanks to the blessings of the...Tech stocks to lead earnings season again?
It’s early yet in earnings season, but I were a gambling man, I’d give the technology sector odds on leading the stock market again this quarter. Wall Street is beating the bushes for earnings growth right now. If earnings don’t go up in the next...1491 will let you see the New World that we're just starting to discover
Happy Europeans discover the New World even though none of the people who lived there then knew that they needed finding Day. I don’t mean to disparage Columbus. As a history such as Hugh Thomas’ Rivers of Gold: The Rise of the Spanish Empire from Columbus to Magellan...Buy Verizon (VZ)
Here’s what’s wrong with Verizon (VZ): The company’s landline business is slowly shrinking; the U.S. wireless market, which is supposed to make up for the drop in land line phones, is nearing saturation; and the company, which already carries a huge load of debt,...Capitalism could still get a stem to stern overhaul. To keep score in the Revolution track something economists call "externalities."
“A crisis is a terrible thing to waste,” said Stanford economist Paul Romer way back in 2007 near the start of the recent (or should that be “current”?) global fiscal and economic crisis. You certainly understand why if you take a look at U.S. economic history. Most...Banks are going to have to raise a lot more capital, says HSBC CEO
HSBC (HBC) CEO MichaelGeoghegan told the Financial Times that he expects international regulators will eventually require banks to have Tier One capital ratios of about 10%. That’s significantly higher than the 8% target now going the rounds in conversations...Where's the money? Despite the Fed, the money supply is falling
We’ve got a little problem in the economy. Tiny really. Nothing to worry about. Just that money supply is falling and that could endanger the entire economic recovery. The Federal government and the Federal Reserve are pumping money into the economy as fast as they...Sell Enbridge (ENB)
In the current stock market Enbridge (ENB) is neither fish nor fowl. And since the stock has hit my December 2009 target price of $38 a share, I’m going to sell it out of Jubak’s Picks. Here’s what I mean by that cryptic neither fish nor fowl...Here we go again: Drug stocks rally but is that a reaction to merger news or a sign that investors are getting more defensive?
Last time we had a one day pull back that led some of us (okay, me) to question whether this rally was getting tired we saw the stock market as a whole go down but the drug sector move up. Now today’s strength in the sector on a down day for the market as a...Apple gets its deal in China; iPhone goes non-exclusive in the UK
China Unicom (CHU) announced on September 28 that it will begin selling Apple’s (AAPL) iPhone in China on October 1. China Unicom is China’s second largest mobile phone operator. (For more on how the Chinese players line up and the coming battle between...
Buy Cisco Systems (CSCO)
Remarks by Cisco Systems (CSCO) CEO John Chambers got me thinking about the potential for a new economy emerging in 2011 and beyond so, it’s only fair that I begin my next stock market portfolio with shares of Cisco Systems (CSCO). (See my 8:30 a.m. post today for...Way down the road I can see early signs of the next stock market–and it's not going to look a lot like the last market or today's either
Sometimes the shortest distance to portfolio disaster is a straight line between two points. This, I believe, is one of those times. If I’ve been clear about nothing else in the last few weeks, I hope I’ve been clear on how impossible it is to find a reliable,...Sell Joy Global (JOYG)
Joy Global (JOYG) has blown through my target price for June 2010 in just two months. Try as I might, I can’t juggle the fundamental numbers to come up a reason to raise that target now, so I’m going to sell these shares out of Jubak’s Picks. Joy...The recovery isn't yet a sure thing
In my 11:45 post today, “Huh? Wall Street thinks higher unemployment is good news?” I said that I was still not convinced that the economic recession was truly over. The recovery that we’ve seen signs of in the last few months could simply be inventory restocking....Jim’s Daily Email Alerts:
Every post from Jubak Picks straight to your mailbox. And they're free!