Update Maxwell Technologies (MXWL)
So how do you miss earnings estimates by 36 cents a share, reporting as Maxwell Technologies (MXL) did on February 18 after the stock market closed a loss of 39 cents a share for the fourth quarter, and yet miss revenue projections of $28.8 million by just $800,000?...Jubak's Picks up 3.9% for Q4 and 21.3% for 2009
The Jubak’s Picks, my 12-18 month portfolio, returned 3.9% in the fourth quarter of 2009. That trailed the major indexes. For the quarter the Dow Jones Industrial average climbed 7.4%, the Standard & Poor’s 500 was up 5.5%, and the NASDAQ Composite was up 6.9%....Buy Marvell Technology Group (MRVL)
Buy Marvell Technology Group (MRVL) Marvell Technology Group (MRVL) is in the right markets at the right time. (For more on what those markets are see my post https://jubakpicks.com/2010/01/19/get-your-portfolio-ready-for-the-profitless-global-economic-recovery/ )...Sell Burlington Northern Santa Fe (BNI)
This one is very simple: Warren Buffett’s Berkshire Hathaway (BRK.A) is buying the Burlington Northern Santa Fe (BNI) railroad for $100 a share. So I’m selling it out of my long-term Jubak Picks 50 portfolio because in the long-term this stock isn’t going...Sell Accor (ACRFF.PK)
In a very controversial vote Accor’s (ACRFF.PK) board of directors voted on December 15 to split the company into two businesses. Accor Hospitality would focus on the company’s hotels and Accor Services would focus on voucher and pre-paid services. Activist...Sell Q Cells (QCLSF.PK)
Solar has become an impossible business—even if you are the largest independent producer of solar cells in the world—if you can’t get costs under control. Q Cells (QCLSF.PK) is the midst of layoffs, write downs, and asset sales that are intended to fix what is now an...Sell Tejon Ranch (TRC)
This isn’t so much a negative judgment on Tejon Ranch (TRC) as it is on the state where all its real estate is located: California.  The state’s politics are completely dysfunctional. Its tax system is broken. It’s vaunted quality of life—that once included such...
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...Update State Street (STT)
Jubak Picks 50 portfolio member State Street (STT) is gradually finding its way back to its core business of collecting fees for managing assets that belong to others and away from an ill-fated build up of its own investment portfolio. At the height of that past...Update Accor (ACRFF.PK)
In a very controversial vote Accor’s (ACFF.PK) board of directors voted on December 15 to split the company. The issue will go to a vote by shareholders no earlier than June 2010 and no later than the end of the year. The board’s vote would split the company into two...Update Maxwell Technologies (MXWL)
I hate it when this happens: A perfectly good growth stock gets adopted by momentum investors. It soars in the days before the company issues earnings on the hope that the good news already in the stock price will turn into great news in the quarterly report. When it...Update Market Vectors Brazil ETF (BRF)
The fundamentals are improving in Brazil–but right now it’s global cash flows that are driving emerging market stocks. In the long run I want Brazil in my portfolio because of those improving fundamentals . In the short run I want to own Brazilian stocks...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...Buy Corning (GLW)
I bought shares of Cisco Systems (CSCO) for Jubak’s Picks on September 25 because, among other reasons, the company has a history of buying promising new technologies and then using its huge market clout to grow them. It’s about as close to a venture capital fund as...Update PepsiCo (PEP)
Before the stock market opened on October 8, PepsiCo (PEP) reported third quarter earnings of $1.08 a share (5 cents above Wall Street projections) and revenue of $11.08 billion. The earnings number was 5 cents a share above Wall Street earnings estimates, but the...Update Microsoft (MSFT)
Everybody seems to agree that Windows 7 will boost sales at Microsoft (MSFT). The disagreements are over by how much and when? The software, a favorably reviewed replacement for Microsoft’s widely reviled Vista operating system, goes on sale on October 22. The...Update PepsiCo (PEP)
Is the stock market entering a more defensive phase with “safe” sectors such as consumer goods set to outperform for a while? Looks like it to me on the recent data on which sectors have turned hot and which are cooling off. (See my October 1 post...
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...Buy Statoil Hydro (STO)
Norway’s next oil frontier just got a little closer–and there’s only one stock to play it. I don’t follow Norwegian politics very closely so you’ll have to forgive me if I’ve been a little slow on the uptake. The re-election of...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...Buy Johnson Controls (JCI)
The long-term future for Johnson Controls (JCI) is in batteries for hybrid and electric cars, and systems for building-wide energy efficiency. Not that the near-term future is so bad. What with the recovery, slow though it might be, in the global auto industry....Update Middleby (MIDD)
On August 12 Middleby (MIDD) reported second quarter earnings of 74 cents a share. That was 7 cents a share below Wall Street expectations. Revenue also came in light at $159 million versus the $170 million Wall Street had projected. Middleby has attempted to keep...Update Pepsico (PEP)
The deal is done. On August 4, PepsiCo (PEP) announced that it had completed deals to buy all the remaining shares of it5s tow biggest bottlers, Pepsi Bottling (PBG) and Pepsi Americas (PAS). The price is about $1 billion more than PepsiCo originally offered. (The...Update W.R. Berkley Capital 6.75% Pref. (WRB-PA)
Worried about future inflation? Then this is your preferred stock. Because W.R. Berkley (WRB) CEO William Berkley is too. The insurance exec is building up reserves based on his forecast of 6% inflation not too far down the road. In the meantime, it doesn’t hurt...Update Energy Transfer Partners (ETP)
The longer the Federal Reserve promises to keep interest rates low, the more valuable Energy Transfer Partners (ETP) is and the longer I want to hold it. In its press release from its June 24 meeting the Federal Open Market Committee said it “continues to...Update Corning (GLW)
The recent past was much better than expected. The near term future is uncertain. And the long-term looks great. That’s about the way I’d sum up Corning’s (GLW) second quarter report released before the opening bell on July 27. For the quarter just...Picks up 11.6% in Q2
The Jubak’s Picks, my 12-18 month portfolio, returned 11.6% in the second quarter of 2009. Not shabby for a portfolio almost 50% in cash when the period began. When stocks are plunging, holding cash limits your losses. When stocks are rallying—and the 40% gain on the...
Buy Oneok Partners (OKS)
Like Enbridge Energy Partners, Oneok Partners (OKS) has been on an expansion binge. But this company’s efforts have centered on the under-served Rockies. The Overland Pass Pipeline project came online in November 2008. This year the company has added the Arbuckle...Jim’s Daily Email Alerts:
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