Amazon’s Newest Victim: hhgregg
Appliances and electronics retailer hhgregg slashed its guidance thanks to poor TV and audio equipment sales.
GOOG
Google Enters the Tablet War by Attacking…Amazon
Google announced its Nexus 7 tablet yesterday. We don’t think the product will truly compete against the iPad or the Surface.
How We Avoided the Value Trap, Radio Shack
We take a look at the future prospects of Radio Shack and highlight how our Valuentum Buying Index helped investors avoid massive losses at the company.
Facebook and Its Wide Range of Future Outcomes
Facebook could either be a 1) a dud, 2) pretty much what it is now, or 3) the new Internet. We dig into these scenarios and arrive at an expected fair value for each.
Microsoft’s ‘Surface’ is No Apple Killer, But It Will Hurt Computer OEMs
Tech-giant Microsoft announced its Windows 8 tablet, “The Surface.” We don’t expect it to kill the iPad, but we think it’s positive for Microsoft and a negative for Google and computer OEMs.
Apple’s Worldwide Developers Conference
iOS 6 and the new Mac Book Pro show that Apple is ready to compete with entrenched foes.
Red Box, YouTube, Netflix, Apple and the Future of Content Dissemination
We take a look at how recent changes in content distribution will affect some of the industry’s largest players. We think Apple will be among the biggest winners.
Pandora Continues to Win Ears
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.
Best Idea Ancestry.com Surges on Buyout Rumors
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
Addressing Intel’s Bear Case
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.