GM: Solid in North America, But Europe Weighs on Profits
US automaker General Motors reported second quarter results that were harmed by problems in Europe. Shares are cheap, but we prefer Ford.
Member Articles
Cognizant’s Second Quarter Underscores Solid Tech Spending
Technology consulting firm Cognizant posted strong second quarter results, but we think shares are fairly valued at this time.
Best Buy Surges on Takeover Bid
Electronics retailer Best Buy is surging on a buyout offer from founder Richard Shulze. Though we think the shares have valuation upside, hoping for a buyout is still a risky proposition, in our view.
Berkshire Hathaway Posts Strong Operating Earnings Growth
Warren Buffett’s legendary company posted a strong second quarter. We expect Buffett to continue his outperformance.
OpenTable Posts a Strong Second Quarter
Online reservation booking company OpenTable reported a strong second quarter, but we don’t think the firm is immune from competition. We’re not fans of its valuation.
Synaptics Surges on iPhone Rumors
Synaptics surged on rumors that some of its technology will be included in the iPhone 5. We like the shares at current levels and are strongly considering them for addition to our Best Ideas portfolio.
LinkedIn’s Results Suggest It’s the New Job Hotspot
LinkedIn’s second quarter results highlight the popularity of the hiring website, but we think the valuation is simply too high.
Procter & Gamble Reaffirms Decent Guidance After Solid Fourth Quarter
Dividend growth gem Procter & Gamble reported solid fourth-quarter results and reaffirmed decent guidance for its 2013 fiscal year. We hold the name in the portfolio of our Dividend Growth Newsletter and will continue to do so.
July Retail Same-Store Sales Trends Look Positive
With the exception of Abercrombie, July same-store sales were pretty good.
Mixed Results in the Alcohol Sector
Beam and Boston Beer reported second quarter results this week. We think both companies are overvalued.