Chris Davis

Chris Davis

Last Update: 2014-11-12

Number of Stocks: 185
Number of New Stocks: 21

Total Value: $32,192 Mil
Q/Q Turnover: 8%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

Chris Davis Watch

  • UNH: A Strong Candidate for Income and Capital Appreciation

    American health care is a turbulent space these days, with the Affordable Care Act, budget restraints, aging Baby Boomers, and a whole lot more.


    Yet this company seems to sail through it all reasonably comfortably, with strong revenue and earnings growth since the financial crisis of the last decade.

      


  • Growth Will Come From Emerging Markets

    In this article, let's take a look at Praxair Inc. (PX), a $37.84 billion market cap company, which is the largest producer of industrial gases in North and South America. It also provides ceramic and metallic coatings.


    Diversification

      


  • A Freeport-McMoRan Buy Recommendation Is a Matter of Time

    In this article, let's take a look at Freeport-McMoRan Inc. (FCX), a $30.43 billion market cap company that deals in the mining of copper, gold and molybdenum.


    CAGR

      


  • AES Corporation with Significant Earnings Per Share Improvement

    In this article, let's take a look at The AES Corporation (AES), a $9.93 billion market cap company that is the world's largest independent power producer.


    Revenues

      


  • Guru Stocks at 52-Week Lows: IBM, BBL, SAN, ABEV, RIO

    According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows.


    International Business Machines Corp (IBM) reached the 52-week low of $164.16

      


  • Whole Foods' Earnings Exceed Expectations

    In recent years, American consumers have shown a preference for healthier food options, whether they eat at home or elsewhere. Austin, Texas-based Whole Foods Market (WFM) has been striving to serve the segment of the market that wants to eat natural organic foods at home, but, in these trying economic times, price has continued to be a barrier for many.


    Lower-priced competitors – Sprouts Farmers Market (SFM), The Fresh Market (TFM) and privately held Trader Joe’s – helped hold Whole Foods’ comparable stores sales increase to under 4% in the quarter that ended in July. Indirect competitors – Kroger (KR), Walmart (WMT) and Target (TGT) – have been expanding their organic offerings as well.

      


  • Why You Should Look at Nike?

    In this article, let's take a look at Nike, Inc. (NKE), a $78.31 billion market cap company, whichis the world's leading designer and marketer of high-quality athleticfootwear, athletic apparel and accessories.


    Dominant Player

      


  • Chris Davis New York Venture Fund Fall Review 2014

    Key Takeaways


    Our confidence in the coming decade is driven by the durability, growth potential and attractive valuations of our businesses. Significant co-investment, experience, patience, a willingness to look different, and research rigor can result in successful active management. Davis has more than $2 billion invested alongside its shareholders. Nearly 50% of funds have zero. Only 12% have more than $1 million.1 Since 1969, Davis New York Venture Fund outperformed the market in 71% of all rolling five year periods and 94% of all rolling 10 year periods versus 41% and 37% for all large cap funds respectively.2

      


  • FedEx Has a High Level of International Exposure

    In this article let's take a look at FedEx Corporation (FDX), the leader in global express delivery services that provides guaranteed domestic and international air express, residential and business ground package delivery, heavy freight and logistics services.


    Key markets

      


  • Absolute and Relative Valuation Models Indicate a Sell Recommendation for Ventas

    In this article, let´s consider Ventas, Inc. (VTR), a $19.55 billion market cap, which has a trailing P/E ratio that indicates that the stock is relatively overvalued (PE 40.3x vs Industry Median 24.5x).The company is a real estate investment trust with a portfolio of seniors housing and healthcare properties in the United States and Canada.


    So, in this article, let´s take a look at a model which is applicable to stable, mature, dividend-paying firms and try to find the intrinsic value of the stock. Although the model has a number of characteristics that make it useful and appropriate for many applications, it is by no means the be-all and end-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.

      


  • These Two Sectors Have Weathered The Storm

    At its worst yesterday, October 15, the S&P 500 just missed official correction territory when it bounced back up from 1820, a 9.9 percent drop from the recent high of 2019. In an effort to find stocks that might withstand any further beatings, I used the GuruFocus All-In-One Screener to discover which stocks have held their ground. I simply searched for S&P 500 stocks that were within 5 percent of their 52-week highs. From there, I used the Valuation Map that gives me the ability to quickly view the results based on sectors.


      


  • At 40% Above its Intrinsic Value, FedEx is a Buy

    In this article, let´s consider FedEx Corporation (FDX), a $46.6 billion market cap company that has a trailing P/E ratio that indicates that the stock is relatively overvalued (PE 23.9x vs Industry Median 22.8x).


    So in this article, let's take a look at a model which is applicable to stable, mature, dividend-paying firms and try to find the intrinsic value of the stock. Although the model has a number of characteristics that make it useful and appropriate for many applications, is by no means the end-all-be-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.

      


  • Weekly 3-Year Low Highlights: EC, SINA, NSR, CROX

    According to GuruFocus list of 3-year lows, Ecopetrol SA, SINA Corp, NeuStar Inc, and Crocs Inc. have all reached their 3-year lows.


    Ecopetrol SA (EC) Reached $31.89

      


  • DGX: A Healthy Diagnosis

    How much are you paying for the revenue of companies in your portfolio? The less you pay per dollar of revenue, the better. Why? Because revenue translates into earning power, and as we know, when earnings grow, they pull up stock prices. As with almost any asset, buying for less is best if it's an investment of some kind.


    Quest DiagnosticsTake the case of Quest Diagnostics Incorporated (DGX), which I found on the Historical Low Price/Sales Ratios screener at GuruFocus.

      


  • Marc Benioff Sells More Shares of Salesforce.com

    Only a few days after selling 40,000 shares in his company, Salesforce.com (CRM) co-founder Marc Benioff sold 60,000 more. The transaction took place on September 19, and the shares sold for $57.78 apiece. Benioff received $3,466,800 for the holdings.


    The sale brought the total of company stock Benioff has sold this month to more than 250,000 shares. At the close of trading on Monday, September 22, Salesforce stock was selling for $56.91.

      


  • Widely Held Guru Stocks Trading In Europe

    As pointed out by Warren Buffett (Trades, Portfolio), the percentage of total market cap relative to the U.S. GNP is “probably the best single measure of where valuations stand at any given moment.” GuruFocus has taken this comment a step further and applied it to the global markets. Twenty different global markets were analyzed, including the U.S. More information the valuations can be found at the following link: Global Market Valuations. An interesting aspect of the global valuations is that the U.S. markets have the lowest projected annual returns over the next eight years, with an implied annual return of 0.9 percent, including dividends.


    With this information, I scanned the global markets in the search for better value. Using the investing gurus for guidance, I used the GuruFocus All-In-One Screener to find the most widely held stocks by the gurus on the global exchanges. Access to data from stocks trading on the global exchanges is available through a Global Membership at GuruFocus. A 7-day free trial is available for new and existing subscribers to GuruFocus. While screening for international stocks, I searched for stocks on both the European and Asian exchanges. A separate article with the widely Asian stocks will be available soon. Here are the results for the most widely held stocks by the gurus trading on the European exchanges:

      


  • Chris Davis Comments on Kühne & Nagel International AG

    A current contrarian investment is Kuehne+Nagel (XSWX:KNIN), one of the world’s leading freight forwarders, whose business is currently out of favor due to the slowdown in global trade that we believe will be a temporary headwind. This Swiss-based company works behind the scenes to arrange the transport of heavy cargo typically from a manufacturer in one part of the world to a buyer who may be thousands of miles away. Logistics businesses like Kuehne+Nagel not only play a critical role in global trade but also are essential in managing the increasingly complex supply chain of global multinationals. While trade volume is cyclical in nature over the short term, we believe that the long-term trend in global trade favors growth and Kuehne+Nagel is well positioned to benefit from this tailwind in the years ahead.

    From Chris Davis (Trades, Portfolio)’ Davis International Fund Semi-Annual Review 2014.  


  • Chris Davis Comments on Groupe Bruxelles Lambert

    Groupe Bruxelles Lambert (XBRU:GBLB), an investment holding company listed on the Brussels Stock Exchange since 1956, is an example of an out-of-the-spotlight business in the Portfolio. The company, whose capitalization makes it one of the largest firms in Belgium, is an investment vehicle for Belgium businessmen Albert and Gerald Frère and the Desmarais family in Canada. Groupe Bruxelles Lambert tends to concentrate its investments in a handful of mostly European public companies it believes are undervalued industry leaders. Holdings include the integrated energy and chemicals company Total, the international utility company GDF Suez, the building materials firm Lafarge, the industrial minerals company Imerys, and the global wines and spirits company Pernod Ricard, all of which are based in France. Because the stock of Groupe Bruxelles Lambert trades at a significant discount to the market value of its investments, our ownership of this stock allows us to participate in this portfolio of businesses at a steeply discounted price.

    From Chris Davis (Trades, Portfolio)’ Davis International Fund Semi-Annual Review 2014.  


  • Chris Davis Comments on Essilor International SA

    Another example of a global market leader is Essilor (XPAR:EI), the world’s leading provider of coated prescription eyeglass lenses. Based in France, the company’s reach is truly global as it operates in more than 100 countries and dominates the market on every continent. It is also an innovator with a strong global research and development effort and regularly adds to its base of more than 5,000 patents. Essilor estimates as much as two-thirds of the world’s population could be helped by corrective lenses but only about a quarter so far have corrected vision, offering the company significant growth opportunities in the years ahead.

    From Chris Davis (Trades, Portfolio)’ Davis International Fund Semi-Annual Review 2014.  


  • Chris Davis Comments on Cie Financiere Richemont SA

    An example of a global market leader in the Portfolio is Compagnie Financière Richemont (XSWX:CFR), one of the world’s leading luxury goods groups. This Swiss-based company owns some of the world’s most prestigious brands, including jewelers Cartier and Van Cleef & Arpels; watchmakers Piaget, Vacheron Constantin, Jaeger-LeCoultre, Officine Panerai, and IWC; and makers of fine writing instruments such as Montblanc. Richemont has been adding stores in flagship cities, a strategy that offers better brand control and higher margins than its wholesale channel. Its powerful brands provide pricing power and act as a barrier to competitors. Long term we believe Richemont is well positioned to benefit from the global wealth effect, particularly in fast-growing emerging markets.

    From Chris Davis (Trades, Portfolio)’ Davis International Fund Semi-Annual Review 2014.  


Add Notes, Comments

If you want to ask a question, or report a bug, please create a support ticket.

User Comments

No comment yet



Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK