Though Ugg’s Probably Aren’t Dead, Deckers’ Shares Have Only Limited Upside
March 20, 2012
The news for Deckers (DECK) hasn’t been great over the past several months. The slide in its share price began when the Street became more cautious on its fundamentals in December, and it recently culminated with flat earnings growth guidance for its fiscal year 2012 due primarily to higher input costs. Though the raw expense of boot materials (sheepskin) may weigh on the company’s fundamentals in the near term, we think the market has generally overreacted to the these headwinds. Regardless of how fashionable men think the company’s flagship Ugg boots are (often nicknamed “Ugg-ly), we think they’re among the most dominant women’s winter footwear brands, along with Sorel (COLM) and North Face (VFC). And why wouldn’t they be? Other
Releasing Our Initiation Dividend Report on Apple
March 19, 2012
Apple Announces Plans to Initiate Dividend and Share Repurchase Program
March 19, 2012
<< Apple Announces Plans to Initiate Dividend and Share Repurchase Program
Best Idea EDAC Tech Rallies Another 10% to Over $13 per Share on $50 Million+ in New Awards
March 13, 2012
<< EDAC Technologies Announces Three Long-Term Agreements Totaling $58 Million To view our long-term thesis on best-idea EDAC Tech (EDAC), please peruse the links found in the ‘Related Articles’ section below.
How to Find Hidden Investment Gems
March 11, 2012
We outline how our process has uncovered hidden investment gems that have rewarded our subscribers many times over.
Honoring CNBC Anchor Mark Haines
March 9, 2012
Brilliant CNBC anchor, Mark Haines, who had been a fixture there for 22 years, passed away last year. On March 9, 2009, three years ago to the day, he officially called the “market bottom.” Though many attempted to do so for weeks and months during the Great Recession, his call was original and genuine. The S&P has doubled since that time. View Mark Haines “market-bottom” call on March 9, 2009:
EDAC Tech Reports Fantastic Fourth-Quarter Results; We Expect an Even Better 2012
March 8, 2012
Best idea EDAC Technologies (EDAC) reported fantastic fiscal fourth-quarter results Wednesday that showed significant earnings improvement and backlog growth. We are increasing our fair value estimate for the aerospace component supplier to $15 per share (from $10) on the basis of stronger profitability over the intermediate term than previously expected. The firm’s fourth-quarter sales jumped 27% from the same period a year ago, while net income per share came in at $0.21 per share versus roughly break-even in last year’s quarter. Sales for its AERO product line advanced 30%, while revenue for its Machine Tool product line increased at a similar pace. We continue to anticipate increased levels of sales in coming years thanks to an acceleration of commercial deliveries at
Pandora Disappoints in a Big Way; We’d Continue to Steer Clear of the New Issue’s Shares
March 7, 2012
One of the more hyped initial public offerings recently, Pandora (P) reported its fiscal fourth-quarter 2012 results after the close Tuesday that disappointed investors on many fronts. The Internet radio pioneer’s outlook was even more of a let-down, and we remain on the sidelines with respect to the firm’s shares, which are off more than 20% today. The performance of Pandora is yet another reminder for the retail investor to be cautious of new issues shortly after their initial open. Fiscal fourth-quarter revenue grew more than 70% from the same period a year ago, but the pace was less than its full-year growth rate, suggesting that expansion slowed during the period. Advertising revenue advanced 74%, while subscription and other revenue jumped a
