Stock Analysis
Market Timing and Discipline
I am not a market timer, I have no idea when the market will turn - it is too difficult to execute market timing strategy on a consistent basis, in my opinion.
Abbott or GE – who is smarter?
I am not a buyer of Abbott Labs (ABT) at this price, as the margin of safety has been depleted by the latest stock appreciation. But I like its latest transaction with General Electric (NYSE GE).
Oil Service Stocks vs. Big Oil Stocks
I'm not a big fan of large oil companies as most of them have little or no organic production growth and they are completely at the mercy of oil prices, but I am getting interested in oil service stocks for several reasons:
Howard Stern’s $83 million Bonus
I have tremendous respect for The Financial Times. It is a great newspaper and I am privileged to write for it on occasion. But when I see FT write “Sirius Satellite Radio is paying “shock jock” Howard Stern an $83m bonus despite a 50 per cent (their spelling not mine) share price fall since he joined the fledging media group,” I get frustrated.
Post Scriptum
Since I (unintentionally) became a member of Defend Bob Nardelli Club, I've received many emails telling me that Bob Nardelli didn't do a great job managing Home Depot (HD).
Blame Home Depot’s Board, Not Nardelli
The ousting of Bob Nardelli sent a wrong message to American CEOs: it taught them an incorrect lesson – manage the stock, not the company.
CEO’s Responsibility
I wrote an a short post Great Job Bob!, this is a responce to to reader's comments on that post.
CNBC Interview: Oil, diapers and US economy
In this CNBC interview I discussed what I wrote for FT Oil, Diapers and US economy.
Great Job Bob!
Herb Greenberg wrote a wonderful column and said something I've wanted to say for a long time, that blaming Bob Nardelli for the lackluster performance of Home Depot's (HD) stock is just plain silly.
Pfizer: Blockbuster success is a double-edged sword
I wrote this article for FT in 2005, but after reading news on Pfizer it feels like I could have written it today.
Wal-Mart So Far So Wrong
My thesis for buying Wal-Mart (WMT) was very simple: once it improves its store appearance and merchandise, existing customers will spend more money and new customers will start spending new money on higher margin merchandise.
Interview with Vitaliy Katsenelson
I was interviewed by CFA Society of Colorado, a society I am a proud member of.
Excited… Synergy… CVS/Caremark
I am trying to make up my mind about the CVS (CVS) - Caremark (CMX) deal. So far I have more questions than answers.
US Bancorp’s Glass Is Half Full
One nice thing about owning US Bancorp (NYSE: USB) is that you know you won't blow up when it reports earnings.
Need I say more?
Walgreens (WAG) comments on Wal-Mart (WMT) "will put them out of business strategy" on the company conference call:
Oil, diapers and US economy
Are low oil prices good for the US economy? Of course. But are they good for retail stocks? That depends on the retailer, and on the mental account that consumer spending is coming from.
Don’t Hit the Panic Button Just Yet
This morning, Walgreen(NYSE: WAG) and CVS(NYSE: CVS) investors found their stocks chopped up by a bit of news from Wal-Mart(NYSE: WMT).
Brilliant!
I wrote this article on the impact that Wal-Mart’s (WMT) brilliant (I think it’s a stroke of genius) actions will ...
Reaction to Toll
After reading my comments on Toll Brothers (TOL), I got the following argument from a reader that I thought was interesting:
Mr. Toll at “It” Again
I wrote about Mr. Toll, CEO of Toll Brothers (NYSE: TOL) before. But Mr. Toll still keeps amazing me. Reader sent me the following link to Mr. Toll's latest interview.
The Best of: Dell, Not Yet?
Dell (Nasdaq: DELL) is hitting multi-year lows and, at 16 times trailing earnings, is attracting value investors that have coveted the stock from afar for years.
