Farnborough Airshow Points to Continued Strong Aerospace Demand
July 13, 2012
The Farnborough Airshow did not disappoint. We care less about who wins the battle between Boeing and Airbus as the best risk-adjusted investments are in the supply chain. There are few industries that have better demand visibility than aerospace at this time.
Fastenal Shrugs Off Economic Slowdown
July 13, 2012
Industrial distributor Fastenal continues to grow and capitalize on industrial production in the United States. Still, we think shares are fairly valued.
Chevron Provides Upbeat Outlook
July 12, 2012
Chevron gave investors an update on its second quarter. The firm expects earnings to grow sequentially even as its upstream results languish. We think shares of the oil giant are undervalued.
Marriott International Posts a Fine Second Quarter
July 12, 2012
Hotel chain Marriott International posted a solid second quarter. We think shares are fairly valued at this time.
SuperValu’s Dividend Cut Could Help The Grocer Survive
July 12, 2012
Grocer SuperValu reported a poor quarter and announced it will cut its dividend. We think shares of the grocer are undervalued, but a bit too risky for us.
We Agree With Abercrombie & Fitch: Its Stock Is Cheap
July 12, 2012
Reports are surfacing that the teen retailer will announce a plan to repurchase up to 15% of its stock. We generally don’t like teen retail, but Ambercrombie & Fitch is cheap. Still, we’d wait for a better score on our Valuentum Buying Index.
Amazon’s Newest Victim: hhgregg
July 11, 2012
Appliances and electronics retailer hhgregg slashed its guidance thanks to poor TV and audio equipment sales.
Cummins Stalls; Full-Year Outlook Slashed
July 11, 2012
Engine maker Cummins is cutting its full-year outlook in light of lower-than-expected demand. We touch on recent guidance cuts and the health of the economy.
AMD Warns On Revenue, We Like Intel Instead
July 10, 2012
Chipmaker AMD pre-announced poor results for its second-quarter revenue. We suspect earnings will also be poor, but we still like Intel.
Patriot Coal’s Bankruptcy Aftermath Hurts James River Coal
July 10, 2012
Weak demand and oversupply in the coal industry are severely impairing coal companies’ profitability. In the wake of Patriot Coal’s bankruptcy, investors are now concerned that James River Coal could be next. We dig into some of the names in the coal industry.
