Bank of America Doesn’t Interest Us
Bank of America reported improved second-quarter results. However, we have little interest in the bank and think it is too risky at this time.
Brian Nelson
Abbott’s Results Are Solid In Spite of Currency Headwinds
Global pharmaceutical firm Abbott reported strong second-quarter results Wednesday. We think the shares are fairly valued.
Honeywell’s Second Quarter Performance Was Strong; Narrows Full-Year Earnings Outlook
Industrial conglomerate Honeywell reported strong second-quarter results and raised the low end of its earnings outlook for 2012. We’re taking this report as yet another data point supporting the largest industry weighting in our Best Ideas portfolio, aerospace.
Intel’s Second Quarter Results Were Mixed; The Stock Still Looks Cheap
Chip maker Intel reported a solid second quarter Tuesday. Though guidance was revised downward, we still think the shares are cheap.
Johnson & Johnson Faces Currency Headwinds But Its Stock Remains Undervalued
Though earnings weren’t excellent, we thought the quarter was fine given currency headwinds. The firm scores a 9 on our Valuentum Buying Index.
Stronger Gross Margins Drive Earnings Growth At Mattel
The world’s largest toy maker experienced strong earnings growth during the second quarter. We think Hasbro is less expensive.
Coca-Cola Pushes Through Global Challenges
Global beverage giant Coca-Cola posted a solid second quarter. We aren’t crazy about shares at current prices.
Gannett’s Second Quarter Underscores Successful Transformation
Media giant Gannett reported strong second quarter earnings on Monday. We think shares are trading at the low end of the firm’s fair value range.
Citigroup Beats Estimates But Shares Are Fairly Valued
Global banking giant Citigroup reported strong than expected earnings Monday, but we aren’t excited about the stock.
Merchant Settlement Clarifies Future for Visa and Mastercard
A class action lawsuit against Visa, Mastercard, and banks that issue debt and credit cards was settled Friday evening. Though many of the details aren’t available, the $7.25 billion settlement has a negligible impact on our fair value estimates.