Digging Into May Retail Sales: Were They Actually Bad?
June 13, 2012
May retail sales were down 0.2% from April, but up 5% from May 2011. We think investors should remain focused on the big picture.
Juniper Announces $1 Billion Buyback But the Company Remains Pressured
June 13, 2012
The network infrastructure maker will buy back $1 billion in shares, but the company remains under pressure due to competition from Cisco and a challenging economic environment.
Agrium’s Results to Be at High End of Guidance Range
June 12, 2012
Agricultural giant Agrium cited strong grain prices and tight supply as drivers for its strong first-half 2012 performance. We’re reiterating our fair value estimate on the company.
Michael Kors Underscores Strength in High-End Retail
June 12, 2012
The shift to luxury continues as Michael Kors reports a fantastic quarter and raises forward guidance.
Apple’s Worldwide Developers Conference
June 12, 2012
iOS 6 and the new Mac Book Pro show that Apple is ready to compete with entrenched foes.
Aerospace Demand Remains Robust; EDAC Tech Trading at 8 Times Next Year’s Earnings
June 12, 2012
Although a number of suppliers to the aerospace industry have come under pressure as of late, the strength in commercial aerospace demand remains firm.
LinkedIn’s Security Breach Could Have Long-Term Implications
June 11, 2012
We hold a put option on LinkedIn in the portfolio of our Best Ideas Newsletter and think the breach could damage the firm’s business.
Red Box, YouTube, Netflix, Apple and the Future of Content Dissemination
June 11, 2012
We take a look at how recent changes in content distribution will affect some of the industry’s largest players. We think Apple will be among the biggest winners.
Rio Tinto Expects To Dominate Iron Ore Production
June 10, 2012
Mining giant Rio Tinto () announced recently that it intends to command over 25% of additional global iron ore production, according to Alan Davies, the company’s President of International Operations. Davies added that the firm believes the Chinese construction story still has plenty of room to grow. After reviewing the firm’s corresponding presentation to this announcement, we think it’s clear that Rio Tinto, one of the world’s most diversified mining companies, sees true potential for long-term global economic growth thanks to wealth gains in India and China. In fact, Rio Tinto expects 3 billion people to urbanize over the next forty years, suggesting there will be no demand shortage for necessary building materials like iron ore. We think it’s important for investors to
McDonald’s May Performance is No Reason to Panic
June 9, 2012
Though some investors appear to be worried, we don’t think McDonald’s May sales miss and second-quarter warning is something to panic over.
