A new pick–TSM–for my Special Report “10 Trump and 10 Harris winners” on my subscription site
Last night I added a third potential Harris election victory winner to my Special Report “10 trump and 10 Harris winners” on my subscription site, JubakAM.com. Here’s what I wrote about Taiwan Semiconductor Manufacturing (TSM) in that post. Harris winner #3: Taiwan...
Taiwan Semiconductor Manufacturing beats on earnings and raises forecast
Shares of global chipmaking powerhouse Taiwan Semiconductor Manufacturing (TSM) rose 9.79% today to hit a record high after the chipmaker topped quarterly estimates and raised its target for 2024 revenue growth. The company—-the main chip manufacturer for Nvidia...
Weak Chinese economy takes toll on copper demand, prices–wait to buy SCCO
China’s copper imports in August dropped by 12.3% from the previous year, preliminary official Chinese customs data showed on Tuesday, September 10. It’s yet another sign that the slowdown in Chinese economy is rippling out into the global economy. Copper...
Nvidia’s next earnings report shaping up as very, ahem, “interesting”
Nvidia (NVDA) doesn’t report earnings until May 22. But the report is already shaping up as critical for the stock. Analysts see the company reporting earnings of $5.13 a share for the quarter, up from just 88 cents a share in the same quarter of 2023. But the...
Buy/Sell/Hold Apple: Sell
Apple (AAPL) shares are down 12% for 2024 to date as of March 5. But I don’t think Apple’s troubles are over. And it will take some pretty fast talking at the June WWDC (World Wide Developers Conference) to reverse the downtrend in the shares. Absent a...
Here’s why lithium producer Albemarle was down 17.9% today
Today lithium producer Albemarle (ALB) announced that it would sell $1.75 billion in ADRs to fund capital spending during the collapse in lithium prices. The offer will be for a mandatory convertible preferred with a 7% to 7.5% coupon. The plunge is a reaction to the...
Nvidia beats; stock picks up 7% in after hours trading
Well, optimistic analysts just weren’t optimistic enough about Nvidia’s (NVDA) fourth quarter 2023 earnings. The company reported adjusted earnings of $5.16 per share on revenue of $22.1 billion. Analysts were expecting earnings of $4.60 a share and revenue of...
Get ready for the Nvidia circus
Can you hear the barkers yelling to the crowd? It’s Wall Street analysts rushing to raise their target prices for Nvidia (NVDA) ahead of next week’s quarterly earnings report. On February 21, after the close, Nvidia is expected to report earnings of $4.18 share, up...Microsoft beats on earnings, but stock is flat
It is perhaps too early to draw meaningful conclusions, but Microsoft’s failure to jump on better than expected earnings sure seems like more evidence that this is a market priced to perfection. After the close today, January 30, Microsoft reported fiscal second...
Visa beats but falls on guidance–that’s what “priced for perfection” means
After the close Thursday, Visa (V) reported earnings of $2.41 a share (after adjusting for one-time items) for the December 2023 quarter. (That’s the company’s fiscal first quarter.) Analysts had been looking for $2.34 a share in adjusted earnings. Revenue grew...
Adding Chinese electric vehicle maker BYD to portfolios tomorrow
Today I made BYD (BYDFF) the eighth pick in my Special Report 10 GREATER Growth Stocks. Here’s what I wrote in my post on JubakAm.com. Pick #8: BYD (BYDDF). I know; I know. What’s a Chinese stock doing on this list? It’s here because BYD, not Tesla (TSLA) is the big...
Apple hit with patent judgment that puts quarterly sales growth in question
The hope among investors and on Wall Street was that Apple (AAPL) would show revenue growth when it reported its fiscal first quarter earnings in January. That growth would be the first in a year after four straight quarters of falling sales. That’s the longest streak...
Apple revenue falls again, warns holiday quarter will be flat
So let’s see how the market takes this tomorrow. Today stocks staged an impressive upside more. The Standard & Poor’s 500 closed up 1.89% and the NASDAQ Composite ended the day 1.78% higher. The small cap Russell 2000 was the day’s best...
A tough day for tech–Part 2, Bad news from Adobe (and selling Adobe out of my Volatility Portfolio on JAM)
Now that Fed day is done and behind us, we return to our regularly scheduled programming. Back on September 15, I posted “A tough day for tech–Part 1” after news on Taiwan Semiconductor Manufacturing (TSM) reporting that the company was slowing...
Danaher continues its post-Covid reset–now is the time to buy future growth
The comparisons with 2022 continue to hurt shares of Danaher (DHR). For the second quarter, reported Monday, July 24, the company saw revenue down 8% and adjusted earnings per share off 26% year over year. The culprit is easy to see. In 2022 Danaher’s...
Buying Zimmer Biomet for the long-term 50 Stocks Portfolio
I made Zimmer Biomet (ZBH) Pick #6 in my “10 Stocks for Your Core Portfolio.” Now I’m adding it to my long-term 50 Stocks Portfolio. Here’s what I wrote in that earlier post. “Core Portfolio Pick #6: Zimmer Biomet Holdings (ZBH). Seems...
Watch My New YouTube Video: Quick Pick Albemarle
Today I posted my two-hundred-and-seventy-second YouTube Video: Quick Pick Albemarle Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years: Free download for...
Microsoft soars on earnings, so I’m selling the shares I bought for my Volatility Portfolio on my subscription site (but keeping other positions)
Back on March 24, I added shares of Microsoft (MSFT) to my Volatility Portfolio on my subscription JubakAM.com site on the thinking that in a quarter when earnings were projected to be down for the Standard & Poor’s 500 as a whole, reliable technology...
Intuitive Surgical reports a surprisingly strong first quarter
Last week Intuitive Surgical (ISRG) surprised everybody, including, apparently, management. Intuitive Surgical’s first-quarter revenue grew 14% year-over-year to $1.7 billion. (Wall Street was expecting $1.6 billion.) Surgical procedures performed using the...
Please Watch My New YouTube Video: Quick Pick Apple (but not until it drops to $140 or so)
Today I posted my two-hundred-and-forty-sixth YouTube video: Quick Pick Apple Want to grow your portfolio and protect it too? In the toughest investing market in 40 years? Grab my eBook, Your Best Investing Strategy for the Next 5 Years: Free download for subscribers...
Microsoft launches AI-enhanced version of its search engine Bing; Google responds with Bard
This isn’t exactly unexpected. Microsoft (MSFT) today unveiled new versions of its Bing search engine and Edge browser powered by the newest artificial intelligence technology from ChatGPT maker OpenAI. Microsoft recently invested $10 billion in OpenAI. “This...
Microsoft reportedly plans to cut 11,000 jobs; this is a serious indicator for the economy
Granted these are all reports from outside news sources but there are a number of them. Where there’s smoke there might well be fire. U.K. broadcaster Sky News has reported that Microsoft plans to cut about 5% of its workforce or about 11,000 roles. Bloomberg...
Apple’s plans for AR headset point to fewer product launches than usual in 2023
News, rumor, and speculation from the Consumer Electronics Show point to a second half of 2023 launch for Apple’s (AAPL) AR “metaverse” headset. Apple has been “launching” this high-performance AR headset since 2017 but plans for a launch...
Microsoft beats but tumbles on showdown in cloud revenue
Microsoft (MSFT) managed to beat Wall Street earnings estimates for its fiscal first quarter, reporting earnings of $2.35 a share versus the $2.29 expected by analysts after the market close on October 25. But the stock is down strongly today, October 26, on the...
Coca-Cola: Can you say pricing power?
This morning before the stock market open Coca-Cola reported earnings of 69 cents a share for the third quarter. That was up from 65 cents a share in the third quarter of 2021 and was above the 64 cents a share expected by Wall Street analysts. Revenue of $11.1...
Selling TSM out of my long-term 50 Stocks and Millennial portfolios on China fears
I hate to do this. Taiwan Semiconductor Manufacturing (TSM) is the premier chip manufacturer in the world and I see the company continuing to grow revenue from the increasing demand for smaller and more powerful chips. And I certainly hate to sell a stock that’s...
Selling ASML Holding today in an effort to get ahead of the trade war with China
Today I’m selling ASML Holding (ASML) out of my long-term 50 Stocks Portfolio. My take on Asmel hasn’t changed: this is one of the key chip equipment companies in the drive to produce smaller and denser chips. What has changed in the market and the global...
Please Watch My YouTube Video: Quick Pick Nvidia
My one-hundred-and-ninetieth YouTube video: “Quick Pick Nvidia” went up today. This week’s Quick Pick: Nvidia (NASDAQ: NVDA). I believe Nvidia will be the dominant chip stock for the next decade–but the stock is struggling during this bear...
My stock pick lithium producer Albemarle hits all time high before pulling back to close with 2.71% gain on the day
Lithium producer Albemarle (ALB) closed up 2.71% today after hitting an all-time high of $298.17 in intraday trading. The shares closed at $295.68. The gains for Albemarle, and across the lithium sector, came as Goldman Sachs upgraded lithium battery maker Freyr...Jim’s Daily Email Alerts:
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