Exclusive Analysis for the Discerning Investor
Brian Nelson Best Ideas Portfolio holding Ford plans to sell $1.5 billion in debt for the first time since it received an investment-grade rating from Moody’s on May 22. We continue to like the automaker’s upward trajectory in fundamentals.
Though we like both companies, we doubt Windows 8 will be able to steal momentum from Apple. We think the two giants can coexist, but Apple might ultimately win more personal computing dollars in the decades ahead.
The global food-maker reported another strong quarter, and we’re fans of its dividend-growth profile. The only concern holding us back from adding this firm to our Dividend Growth portfolio is its valuation.
Pandora announced that hours listened on its network advanced nearly 90% in the month of April compared to last year. We provide our views on the firm’s competitive landscape.
Though shares of the athletic-clothing retailer have stumbled today, we think the firm’s lower-than-anticipated guidance is not material to its long-term intrinsic value.
The men’s clothing retailer missed consensus estimates and shares have come under pressure as a result. However, we still don’t think the firm’s valuation is attractive enough for us to initiate a position.
This article appeared on Seeking Alpha. Please view disclosures: https://seekingalpha.com/article/642181-private-equity-facebook-most-likely-buyers-of-ancestry-com Best Ideas portfolio holding Ancestry.com () surged Wednesday on a report from Bloomberg that said the firm is working with famous technology banker Frank Quattrone’s Qatalyst Partners to sell itself to unlock shareholder value. We believe the company is significantly undervalued, and think the move, if confirmed, makes a lot of sense, given the market’s reluctance to place an appropriate value on the firm’s shares. Ancestry.com, in our view, should get a substantial premium over its current price if it were sold either to a strategic bidder or to a private-equity consortium, given the firm’s tremendous cash-flow generation and negligible debt. Our fair value estimate for the firm rests in the high-$40s, and we would not be surprised … Read more
With a dividend yield just shy of 4%, Sysco offers investors a fairly safe dividend that is poised for growth. We’re evaluating the firm for addition to the portfolio of our Dividend Growth Newsletter.
We are re-evaluating our fair value estimate of Ulta after the firm beat expectations and raised its target store forecast by 20%. Ulta could be in the middle innings of a massive growth phase.
After increasing more than 30% since September of last year, Best Idea Portfolio holding Intel has fallen 10% during the past month. Despite the pullback, we think the firm’s stock price rise is far from over, with the company registering a 9 on our Valuentum Buying Index.