Zumiez Sales Surge But Its Earnings Outlook is Underwhelming
Teen retailer Zumiez reported solid second quarter results, but the firm failed to provide the Street with strong earnings guidance. We think shares are fairly valued.
Brian Nelson
Campbell Provides a Strong Outlook While Smithfield’s Business Suffers
Two food companies reported earnings Tuesday morning. We aren’t crazy about either.
ARM Warns about Weak Demand in the Second Half
ARM Holdings’ CEO announced that it expects weak end-market demand in coming periods, but we don’t think such a view will impact Apple.
Valuentum’s September Edition of Its Dividend Growth Newsletter!
The September edition of our Dividend Growth Newsletter is now available.
Market Awaits Bernanke’s Speech
The market remains focused on Bernanke’s Jackson Hole speech.
Ciena Stumbles Toward Our Fair Value Estimate
Networking equipment maker Ciena provided investors with a weak fiscal fourth quarter outlook Thursday. After the steep sell off, shares are now fairly valued. We think Cisco is one of the better long ideas in the networking space.
Costco and Target Join in on the Back to School Fun
Both larger retailers reported strong August sales during the back-to-school season. We don’t think either firm is very compelling at this time, however.
Weaker Consumer Confidence Doesn’t Impact August Retail Sales
Though consumer confidence fell in August, it didn’t impact retailers. We dig into the numbers.
Pandora Reports Strong Revenue Growth
Pandora continues to add listeners and grow revenue at a rapid clip, but the company has yet to become profitable. We’re staying away from the shares for now.
Joy Global Deals with Sluggish Global Growth
Mining equipment firm Joy Global cut its earnings outlook due to slowing growth in China. We’re becoming more constructive on the firm’s valuation at these levels but still remain on the sidelines.