If youre looking for an undervalued company in the auto segment thats almost guaranteed to grow slow and steady over the long term, then the Lear Corporation (LEA) should definitely be on your vetting list. The lowly PE ratio of 10 is merely the bitter aftertaste of investors in a company that went belly up during the great recession because of its debt pile. I believe the company has shaken off....More>>>
Check out the companies making headlines before the bell:
Xerox Xerox abandoned its planned $6.1 billion deal with Japan’s Fujifilm, in which Xerox would be combined with the Fuji Xerox joint venture. The move is part of a settlement with major investors Carl Icahn and Darwin Deason, who felt that Xerox was significantly undervalued in that deal. Fujifilm said it was considering its....More>>>
Related MU Mid-Afternoon Market Update: Dow Falls 50 Points; Micron Shares Jump Following Strong Earnings Report 15 Biggest Mid-Day Gainers For Friday S&P 500 Weekly Update: I Am Not Abandoning This Bull Market Over A Healthcare Bill, And Neither Should You (Seeking Alpha)
Related RDCM 8 Stocks That Rallied For Three....More>>>
March 23, 2018: Markets opened slightly higher Friday but the major indexes couldn’t hold onto their gains in the face of China’s first retaliatory shot in a trade war kicked off by Trump yesterday. China’s opening salvo did not hit soybeans or Boeing, two big and easy targets. The president signed the $1.3 trillion spending bill that will keep the government funded through September....More>>>
Wal-Mart (NYSE:WMT) has made a lot of efforts in pricing its goods attractively over the past months. This allowed for strong traffic growth, which resulted in positive comps for the company. Subsequently, Wal-Mart’s shares have been performing much better than those of its peers, which are reporting worse comp sales. Due to Wal-Mart’s power when it comes to discussing prices with its....More>>>
William Patalon III
Vuzix Corp. (Nasdaq: VUZI) – the “augmented reality” company whose shares more than doubled following our September 2015 recommendation – said that its new “smart glasses” were just honored with a “Wearable Device of the Year” award.
Vuzix made the announcement earlier today. We’re sharing this bit of news....More>>>
Oil futures set off on a positive start Monday as the first decline in U.S. oil-drilling activity since January gave the market a fresh tailwind after seven-consecutive sessions of price gains.
The drop in Baker Hughes weekly count, coming after a record 23-straight weeks of rising numbers of active rigs, helped stoke sentiment that shale producers may have hit a bottleneck amid prolonged....More>>>
Perhaps another nail in the coffin of Wells Fargo & Co. (NYSE: WFC) CEO John Stumpf. Bernie Sanders, former presidential candidate and United States Senator from Vermont wants to know if the federal agencies involved in the bank’s scandal have made referrals of material to the Justice Department.
Comments from the Sen Sanders website about a letter to Richard Cordray the director....More>>>
A few weeks ago, we published an article that characterized Gilead (GILD) as a “Value Trap.” That article was a follow-up to an earlier article which used our work on Gilead as an example of how a solid conceptual framework could help investors make better decisions. Both of these articles were based on a 16-page valuation report on Gilead we published to our members in September, 2016.
Howard Schultz, who helped turn Starbucks into an iconic global brand as well known for its activism as its coffee blends, will step down from the role of CEO in April.
Schultz will become the companys executive chairman, concentrating on ramping up Starbucks Reserve Roasteries, a new premium experience that the company is betting on to boost growth worldwide, as well as the companys well-known....More>>>