The allure of the largest U.S. technology companies is understandable given significant returns last year, but their sheer size is the reason for their eventual downfall and long-term stock underperformance, according to Rob Arnott, founder of Research Affiliates.
When 3G and Warren Buffett’s Berkshire Hathaway (BRK.B) got together to merge Kraft with Heinz to form Kraft Heinz (KHC), they argued that they could cut expenses to create a more efficient business. But if today’s earnings–which appeared, at least on the surface, to be pretty good–demonstrated anything, it’s that Kraft Heinz might be running out of synergies to juice....More>>>
This Top Pick — an auto parts firm involved in seating and electrical systems — scores better than about 99% of the nearly 5,000 companies in our proprietary Quadrix ranking system, explains Richard Moroney, editor of Dow Theory Forecasts.
At nine times trailing earnings, Lear (LEA) has a P/E ratio that is by far the lowest on our Focus List, among the lowest 9% in our universe,....More>>>
Reviews for Samsung’s latest, greatest, and hopefully non-exploding Galaxy S8 are starting to hit the web, and there’s universal praise among the tech press. After years of shamelessly copying Apple’s (NASDAQ:AAPL) designs (and getting sued for it), Samsung has truly come up with an innovative and unique design that looks....More>>>
General Electric (NYSE:GE) has been a solid stock to own, up and to the right. Pushing through to new highs. But at a $280 billion market cap, has it become too big to grow? Certainly, activist investor Nelson Peltz and his Trian Partners don’t think so. Peltz’s presentation put General Electric’s share value at $40-$45 a share, suggesting another 25%-40% of upside.
Note: This commentary has been updated to include today’s release of the July data for Real Personal Income Less Transfer Receipts.
Official recession calls are the responsibility of the NBER Business Cycle Dating Committee, which is understandably vague about the specific indicators on which it bases its decisions. This committee statement is about as close as....More>>>
When buying a home, the most important numbers for mortgage lenders are the buyer’s credit score and the buyer’s debt-to-income ratio. The first is a summary of how the buyer has been managing debt and the second indicates whether the lender can reasonably expect the borrower to be