Exclusive Analysis for the Discerning Investor
Brian Nelson Lowe’s reported decent first-quarter results, but same-store sales performance revealed that Home Depot may be stealing share from its smaller competitor. Lowe’s also cut its full-year outlook, and we expect continued valuation downside to the low-$20s per share.
Facebook’s initial public offering will be met with much interest, but we have concerns about taking a stab in its shares after it begins trading.
We liked Walmart’s first-quarter results and don’t think the firm’s alleged bribery scandal at its Mexican division will materially impact the trajectory of its earnings outlook or dividend.
Dick’s Sporting Goods posted strong first-quarter results, but the potential impact from encroaching online competition remains unclear. We think Nike is a much better idea for investors looking to gain exposure to the athletic retail space.
Home Depot’s results, while disappointing to some investors, showed sales trends in the US that have not been achieved in 8 years.
We’ve added a number of ETFs to our investment research coverage universe. To download a sample ETF report, please click .
The Valuentum Dividend Cushion indicated that JC Penney’s dividend safety was POOR. To little surprise, the firm recently suspended its dividend to deal with mounting losses.
We kept a clear head in the face of all the hoopla surrounding JC Penney’s new strategic initiatives prompted by former Apple executive Ron Johnson joining the firm last June. As we had expected, the retailer posted a massive first-quarter loss, and we expect continued valuation downside in the shares to the mid-$20s.
We’ve updated our view on Green Mountain Coffee Roasters.
The May edition of our Best Ideas Newsletter is now available.