Century Communities: Good Growth For A Cheap Price
Mar 11, 2017Jeremy Parkinson0
Century Communities (CCS) just made a new all-time high and yet it is still a cheap stock. CCS sits at a 0.5 price/sales ratio, 1.1 price/book ratio, 10.7 trailing P/E, and 7.6 forward P/E. Home builders typically hit 1.0 price/book ratios at the BOTTOM of a recessionary cycle. The response to CCS’s latest earnings report […]
Is Amazon (AMZN) Eyeing The Indian Grocery Market Next?
Mar 11, 2017Jeremy Parkinson0
Amazon.com Inc. (AMZN – Free Report) is gearing up to be a major retailer in the rapidly growing Indian grocery market. Apart from being a prominent e-commerce platform provider, the company is planning to open brick-and-mortar stores in the country. Reportedly, the company is seeking license under a June legislation that now allows 100% foreign direct investment […]
Testing Week Ahead For Crude Oil Prices
Mar 11, 2017Jeremy Parkinson0
Crude oil prices have broken to the downside over the past few days, finally reflecting the ongoing imbalance between plentiful supply and limited demand. West Texas Intermediate (WTI) crude dropped at one point to its lowest level since November 30, the day the Organization of the Petroleum Exporting Countries cartel agreed to cut output for the first […]
Credit Suisse: Customer Blowback Over Starbucks’ Refugee Hiring Spree Could Crush Same Store Sales
Mar 11, 2017Jeremy Parkinson0
A few weeks ago we wrote about how the controversial decision of Starbucks’ CEO Howard Schultz to hire 10,000 refugees, a clear shot at the Trump administration’s immigration policies, seemingly backfired as his “brand perception” took a sudden and massive hit, a clear signal once again that coffee drinkers would prefer to not have a side […]
Bi-Weekly Economic Review – Saturday, March 11
Mar 11, 2017Jeremy Parkinson0
Economic Reports Scorecard The Federal Reserve is widely expected to raise interest rates again at their meeting next week. They obviously view the recent cyclical upturn as being durable and the inflation data as pointing to the need for higher rates. Our market based indicators agree somewhat but nominal and real interest rates are still […]
Week In Review: Fosun Eyeing $4 Billion Bid For Germany’s Stada Pharma
Mar 11, 2017Jeremy Parkinson0
Shanghai Fosun Pharma (SHA: 600196; HK: 2196) is said to be contemplating a bid for Germany’s Stada Arzneimittel (DE: STAGn), a well established generic drug company (see story). Stada has already received $3.8 billion qualifying bids from two private equity companies, but bidding is expected to get serious over the next month. Stada predicted it would […]
Brookfield Infrastructure Partners: A High-Yield, Fast-Growing Utility
Mar 11, 2017Jeremy Parkinson0
Utilities are one of the cornerstones of high-yield portfolios and for good reason. Their generally stable and predictable cash flows, often protected by regulated prices, result in most utilities achieving high Dividend Safety Scores. Safe payouts can be a major asset for low risk investors – especially retirees who depend on dividends for funding their living expenses. […]
3 Charts That Show Stock Market Valuations Are Totally Unprecedented
Mar 11, 2017Jeremy Parkinson0
Last week I updated the Warren Buffett yardstick, market cap-to-GNP. The only time it was ever higher than it is today was for a few months at the top of the dotcom mania. NEW POST: Why Warren Buffett Is So Reluctant To Call Stocks A ‘Bubble’ https://t.co/HSqxmgC6ep pic.twitter.com/BPSOjaioMX — Jesse Felder (@jessefelder) March 1, 2017 […]
An Analog For The Gold Stocks Correction
Mar 11, 2017Jeremy Parkinson0
The gold stocks bounced strongly on Friday after the February jobs report confirmed the Federal Reserve will hike interest rates next week. While precious metals rallied strongly following the previous two hikes, I’m not so sure Friday marks the start of a big rebound. For one, the Federal Reserve could hike rates again in July. […]
We See Abundant Fixed Income Opportunities – Here Are 2 Reasons Why
Mar 11, 2017Jeremy Parkinson0
Skeptics of the active approach often cite this argument: With information more and more readily available, markets are becoming ever more efficient and true alpha (or active return) is increasingly difficult to find. We don’t believe that this is true today in fixed income markets. Indeed, we see abundant opportunities for active bond investors for […]