Big Lots (BIG) is down more than 10% on 09 March 2018 as the company came out with results that beat estimates on the profit side, but with sales that were a little weaker than expected. Guidance for the coming year was reasonable, but a little lower than consensus, as the com
A day after Turkish President Recep Tayyip Erdogan convened a surprise meeting of Turkey’s top economic officials, Central Bank Governor Murat Cetinkaya is said to be holding a meeting with regulators and the Treasury.
The officials will discuss exchange and interest rates, to be followed by a cost analysis of the government’s pre-election stimulus and incentive packages, according....More>>>
Littelfuse (NASDAQ: LFUS) and ABB Group (NYSE:ABB) are both computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, risk, analyst recommendations, profitability, institutional ownership, dividends and earnings.
Earnings & Valuation
This table compares Littelfuse and ABB Group’s top-line....More>>>
Value investors get a bad rap. Sometimes, value investing is referred to as “cigar butt” investing, in that picking up cheap, undervalued stocks is equivalent to picking up mostly smoked cigars off of the sidewalk. A good friend and colleague of mine used to call me a “dumpster diver”. Guilty.
Why value? Personally, I hate overpaying. The old Wall Street maxim “buy....More>>>
At first, the gifts seemed innocent enough: a free dinner and a private helicopter tour over the Grand Canyon. By the end of it, though, the Polish official was standing in a Warsaw parking lot, accepting $100,000 in bags of cash, given to him in exchange for multi-million-dollar government contracts.
You might be thinking that this government employee was being paid off by the mafia or some....More>>>
I recommend buying Churchill Downs Incorporated’s (NASDAQ:CHDN) equity on dips in price. The company has a strong and experienced management team, which has consistently maintained its focus on creating shareholder value. The recommended trade is purchasing the equity and potentially the 4.75% Bonds maturing 2028 trading at a YTM of ~5.25%.
Back when I was a rookie in the investment biz, the internet bubble was in full inflation mode. There were scores of terrible ideas; pets.com, for one. But there were also a few ideas that would change the world and how we communicate.
The area of the internet buildout I was most interested in at the time was what some observers referred to as the “backbone,” which, as it turned....More>>>
Say what you will about President Donald Trump – he’s certainly been consistent on China.
During the 2016 campaign, he repeatedly promised to slash our trade deficit with the world’s most populous nation. Last week, he said the goal is to cut that $375 billion yearly shortfall by as much as $100 billion.
Ive been right about Tesla (NASDAQ:TSLA) thus far.
There seem to be only two schools on Tesla. You either love the carmaker, or you hate it with a passion. I fall into the latter category, not because I’m anti clean energy, or opposed to new entries to the auto industry, but because of the grandiose and inefficient management history the company has had under Elon Musk. Ive written....More>>>
Mohnish Pabrai published another iteration of his Cannibal Portfolio. The Cannibals are a number of stocks selected by an algorithm that are eating themselves, aka buying back their own stock. It is a bit of a misnomer, I believe introduced by Charlie Munger, seeing as eating yourself would be “autocannibalism” or “autosarcophagy.” But who cares as long as it makes money!
We first brought attention to this firm in our special report Selling Shovels in a Gold Rush: Buy This Sector to Profit From the Internet of Things. In this report, we pointed out that this company broke the trend of rising profits and ROIC, but still garnered a premium valuation to its peers. Th
The reason why the growth stocks do so much better is that they seem to show gains in value in the hundreds of percent each decade. In contrast, it is an unusual bargain that is as much as 50 percent undervalued. The cumulative effect of this simple arithmetic should be obvious. - Phili
Media headlines about Donegal Group (NASDAQ:DGICB) have been trending somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with