The passive vs. active question has raged lately, amid new data showing that index funds (passive investing) deliver better and cheaper. The ever-wise Rick Kahler, who heads Kahler Financial Group in Rapid City, S.D, informs us what the best choice is:
When it comes to investing, it’s a losing proposition to try and be anything better than average. I was recently reminded of this important investing precept when I attended a presentation by Ken French, a noted professor of finance at Dartmouth College.
“The theory is institutions are smarter than ‘dumb’ individual and can add value,” said French. “That is simply not true.” His research has found that institutions are no better at trying to beat the market than individual investors. When you pay someone to do better than the market, French told us, “You should expect to lose. It’s really hard to identify the great managers. You are wasting your time and money trying to beat the market.”
Best Low Price Stocks To Own For 2017: MPLX LP(MPLX)
- [By Garrett Cook]
Lastly, Citi says Marathon Petroleum (NYSE: MPC) and MPLX LP (NYSE: MPLX) remain Buy rated the heels of benefits derived from strong product demand and the NGL recovery.
- [By Ben Levisohn]
JPMorgan analyst Phil Gresh and team explain what they got wrong about Marathon Petroleum (MPC), as they cut its rating to Neutral from Overweight following yesterday’s disastrous financial results from MPLX (MPLX):
Best Low Price Stocks To Own For 2017: BanColombia S.A.(CIB)
- [By Lisa Levin]
Foreign Regional Banks: This industry declined 2 percent by 11:00 am with Bancolombia SA (ADR) (NYSE: CIB) moving down 3.7 percent. Bancolombia’s PEG ratio is 4.51.
- [By Javier Hasse]
Analysts at Credit Suisse downgraded shares of Bancolombia SA (ADR) (NYSE: CIB) from Outperform to Neutral, while boosting their price target from $38 to $40.
- [By Matt Smith]
Bancolombia appears attractively priced
Another Colombian company that appears under-valued is the Andean country’s largest commercial bank Bancolombia (NYSE: CIB ) . For the year-to-date Bancolombia’s share price fell 17% because of a weak second quarter bottom-line. This decline was primarily caused by the bank’s net income plunging by 41% year-over-year because of mark-to-market losses caused by the value lost in the bank’s securities portfolio.
- [By Monica Gerson]
Bancolombia SA (ADR) (NYSE: CIB) is expected to post its quarterly earnings at $0.77 per share on revenue of $945.66 million.
Cellcom Israel Ltd. (NYSE: CEL) is estimated to post its earnings for the latest quarter.
Best Low Price Stocks To Own For 2017: RPX Corporation(RPXC)
- [By Travis Hoium]
Shares of risk management company RPX Corp. (NASDAQ:RPXC) popped as much as 15% in trading Wednesday after buyout rumors started to swirl in the market. At 2:55 p.m. EST, shares had settled down to an 11.2% gain on the day.
Best Low Price Stocks To Own For 2017: Activision Blizzard, Inc(ATVI)
- [By Travis Hoium]
Shares of Activision Blizzard, Inc. (NASDAQ:ATVI) had another great month in February, rising 12.2%, according to data provided by S&P Global Market Intelligence, after reporting strong earnings to end 2016. The company seems to have cracked the code on how to create and distribute great content in a digital world.
- [By John Ballard]
Activision Blizzard(NASDAQ:ATVI) CEO Bobby Kotick has a special knack for producing games that draw a mass audience. Throughout his tenure, Activision has consistently produced genre leading games.
- [By Sreekanth Anasa]
NetEase with its focus on mobile is well positioned to capture the mobile advertising services business in China. As mentioned in the earnings call, its advertising business is in for steady growth. The Mobile News App will be a key growth driver. Also, the games released in partnership with Activision Blizzard (NASDAQ:ATVI)(Blizzard Entertainments) have been a huge hit. To quote from the earnings call: “Overwatch also established a new sales record in the category of buy-to-play PC-client games in mainland China, with more than five million copies sold by the end of December since its late May release.” In 2017, expansion packs of existing games and some new ones are expected which could also become ahuge hit among the Chinese gamers. This really bodes well for NetEase since licensed games such as Blizzard Entertainment’s Overwatch was also one of the prime reasons for the growth in online game services gross profit in 2016.
- [By Seth McNew]
Activision Blizzard(NASDAQ:ATVI) is the maker of some of the world’s best-known games, like Call of Duty, as well as some new hits like Overwatch. Released in May 2016, the latter is the brand’s fastest-growing game ever, with more than 25 million players worldwide.
Best Low Price Stocks To Own For 2017: Columbia Sportswear Company(COLM)
- [By Ben Levisohn]
Looking at recent historical deals, we arrive at a $18-$23 potential deal range. We analyzed transactions that have been announced over the past four years and involved companies catering to a higher income customer. These deals include Southern Tide (acquired by Oxford Industries (OXM)), Joe’s Jeans (acquired by Sequential Brands Group (SQBG)), prAna (acquired by Columbia Sportswear (COLM)), The Jones Group (acquired by Sycamore Partners [private] and Juicy Couture (acquired by Authentic Brands Group [private]). The average EV/EBITDA multiple of these transactions are 12.9x (in line with KATE’s 5-year historical average of 12.1x) and implies a potential deal range of $22-$23. When taking the average of recent (F13-16) deals implies an ~10.5x EV/EBITDA multiple. When applying the ~10.5x multiples to KATE’s trailing EBITDA, we arrive at an $18- $19 potential share price.
Best Low Price Stocks To Own For 2017: Tyson Foods Inc.(TSN)
- [By WWW.THESTREET.COM]
On Monday, Cramer said, he’ll be looking out for Tyson Foods (TSN) , Jack in the Box (JACK) and Palo Alto Networks (PANW) . Tyson is good, but out of favor, Cramer said while remaining bullish on Jack and Palo Alto.
- [By Peter Graham]
A long term performance chart shows shares of small cap Sanderson Farms doubling in value while mid cap Pilgrim’s Pride Corporation (NASDAQ: PPC) and large cap Tyson Foods, Inc (NYSE: TSN) have been even better performers albeit they are off their former peaks:
- [By WWW.THESTREET.COM]
Cramer recalled buying Tyson Foods (TSN) for the trust in 2015 after the company acquired Hillshire Brands in 2014. The thinking was to get in early before others realized how transformative the merger would be.