Joel Greenblatt

Joel Greenblatt

Last Update: 11-15-2016

Number of Stocks: 913
Number of New Stocks: 219

Total Value: $7,679 Mil
Q/Q Turnover: 29%

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

Joel Greenblatt Watch

  • AbbVie, Johns Hopkins Unite for Cancer Research

    AbbVie Inc. (NYSE:ABBV)  and the Johns Hopkins University School of Medicine will conduct exploration, experimentation and discovery activities related to studying cancer, according to a five-year collaboration agreement.


    The worldwide biopharmaceutical company headquartered in Lake Bluff, Illinois, and Johns Hopkins University School of Medicine, located in Baltimore, announced through PR Newswire yesterday that the agreement encompasses the goal of targeting disparate fields of cancer research, including lung carcinoma, bowel cancer, breast, prostate and blood tumors.

      


  • Leukemia Treatment Achieves Promising Results

    Juno Therapeutics Inc. (NASDAQ:JUNO) communicated through the Business Wire on Dec. 3 that the results from the study undertaken in patients affected with lymphocytic leukemia (CLL) and treated with JCAR014 were promising.


    The results were presented by the biopharmaceutical company during the 58th American Society of Hematology (ASH) Annual Meeting.

      


  • Low-Priced Retail Stocks Gurus Shopped for Ahead of Holiday Season

    Those interested in out-of-favor stocks can’t look much further than retail. In a market routinely hitting all-time highs, the consumer discretionary sector’s 1.42% one-year return makes it the worst performing, second only to health care. But the statistics for apparel and department stores are much worse, and the upcoming crucial holiday season may not help.


    Belying the worsening picture for traditional retailers were a 0.8% rise in retail and food services sales in October and 2.9% increase for the 10 months ended in October, compared to the comparable periods. At the same August-October period, clothing and accessories eked out a 0.5% gain, and sales at in general merchandise including department stores were dropping 5.2%, according to data from the Census Bureau.

      


  • Smith & Wesson Reports Strong Quarter, but Stock Suffers Post Election

    Smith & Wesson (NASDAQ:SWHC) released its second-quarter earnings for fiscal 2017 on Thursday.


    The well-known gun manufacturer reported an increase in profits and revenue. For the quarter, it reported a profit of $32.5 million, or 57 cents per share, up from $12.5 million, or 22 cents per share, a year earlier. The company reported revenue between $230 million and $240 million. Analysts forecasted $237.7 million. Sales climbed 63% to $233.5 million.

      


  • 9 Stocks Joel Greenblatt Continues to Buy

    Joel Greenblatt (Trades, Portfolio) is founder and managing partner of Gotham Asset Management LLC. In both the second and third quarters the guru bought shares in the following stocks:


    OraSure Technologies Inc. (OSUR)

      


  • Chuck Royce’s Top 3 New Holdings

    Chuck Royce (Trades, Portfolio) of Royce & Associates bought 51 new holdings in the third quarter. His top three new holdings are American Woodmark Corp. (NASDAQ:AMWD), Houlihan Lokey Inc. (NYSE:HLI) and Skechers (NYSE:SKX).


    Royce is the chairman and portfolio manager at Royce & Associates. His firm utilizes an active, bottom-up, risk-conscious and fundamental investment approach. It invests primarily in smaller companies and seeks great stocks that are trading for less than they estimate the company is worth.

      


  • 19 Questions With Matt Millard

    1. How and why did you get started investing? What is your background?


    I was very lucky to get started very young with an interest in math, finance and even investing before I turned 10. My Dad was an oil and gas entrepreneur, and we would discuss different mutual funds and companies and things regarding his business and life experience in the family home office. I was also very entrepreneurial and started with lemonade stands and car washes and eventually a lawn care business and several jobs. I wanted to invest in real estate and fortunately found a local mentor and learned and grew a lot on that experience. That led to putting together a business plan and buying a property after my first year of college and getting roommates and learning a lot very quickly through experience and not just leases, maintenance and improvements but many other little things as well.

      


  • Joel Greenblatt’s Top 3 New Holdings for the 3rd Quarter

    Gotham Asset Management’s Joel Greenblatt (Trades, Portfolio) purchased 219 new positions in the third quarter. His top three new holdings are Danaher Corp. (NYSE:DHR), WestRock Co. (NYSE:WRK) and Kimberly-Clark (NYSE:KMB).


    The guru bought 596,095 shares in Danaher for an average price of $79.95 per share. The transaction had an impact of 0.6% on his portfolio.

      


  • Should You Buy Net-Nets or 'Desert Island' Stocks?

    Someone who reads my blog emailed me this question:


    “Do you think it's better for a small-time investor (to) buy cigar butts (Net-Nets) or to buy great companies at fair prices?"

      


  • 6 Stocks With Strong and Sustainable Yields

    Thanks to GuruFocus’ All-In-One Screener, I want to highlight stocks that have a five-year growing dividend yield with strong profitability and a long-term track record of solid returns and growing asset values.


    SpartanNash Co. (SPTN) has a dividend yield that during the last five years has grown by 25%. The yield is now 2.04% with a payout ratio of 36%. The company has a 10 years’ asset growth rate of 16%, supported by ROA of 3.07% that during the last 10 years has had a median value of 4.30%.

      


  • CEO Buys 50,000 Shares of Triumph Group

    Triumph Group Inc. (TGI) CEO and President Daniel Crowley (Insider Trades) bought 50,000 company shares on Nov. 7. The price was $25.56 per share for a total transaction of $1,278,000.


    Triumph Group, an aircraft design, engineering, manufacturing and repair company, has a market cap of $1.35 billion.

      


  • Smith & Wesson to Change Name

    In an effort to be known as more than just a gunmaker, Smith & Wesson (NASDAQ:SWHC) announced Monday it will be changing its name to American Outdoor Brands Corp.


    “We believe the name 'American Outdoor Brands Corp.' will better reflect our family of brands, our broad range of product offerings and our plan to continue building upon our portfolio of strong American brands,” CEO James Debney said.

      


  • A Classic Net Current Asset Value Opportunity

    Years ago, Benjamin Graham made a case for investing in stocks that trade below net current asset value.


    According to Graham, assuming that a company has a reasonable earnings track record and future prospects, paying no more than two-thirds of net current asset value per share ought to be a good deal for the investor. In the past, Warren Buffett (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio) have used this investment strategy or variants thereof.

      


  • 6 Undervalued Stocks Trading Below the Peter Lynch Value

    According to GuruFocus' All-in-One Screener, several gurus are focusing on stocks whose Peter Lynch fair value is far above the current price. The following stocks are trading with wide margins of safety.


    Equity Residential (NYSE:EQR) is trading at about $60 per share. The Peter Lynch value gives the stock a fair price of $275.12, giving investors a margin of safety of 78%.

      


  • Cree CEO Acquires Shares in Company

    Cree Inc. (CREE) CEO, President and Chairman Charles Swoboda (Insider Trades) acquired 10,000 shares on Oct. 20. The price per share was $22.22 for a total transaction of $222,200.


    Cree, a manufacturer of lighting products and semiconductor products for power and radio frequency (RF) applications, has a market cap of $2.21 billion.

      


  • Investing and Profit with Net-Nets

    Investing in net-nets is a really deep and pure value investing style. Net current asset value method is an investing technique first introduced by Benjamin Graham in the 1930s.


    Many research studies demonstrate that the NCAV investment approach has produced clearly better-than-average results already over 80 years. Graham told himself, “I consider it a foolproof method of systematic investment – once again, not on the basis of individual results but in terms of the expectable group outcome.”

      


  • CEO Invests in Akamai Technologies

    Thomson Leighton (Insider Trades), CEO of Akamai Technologies Inc. (AKAM), acquired 18,276 shares in the company on Oct. 17. The price per share was $54.70 for a total transaction of $99,697.


    Akamai Technologies is a content delivery network (CDN) services company with a market cap of $9.87 billion.

      


  • G-III Apparel Group Could Be a Buy

    G-III Apparel Group (NASDAQ:GIII) distributes private-label and brand-name clothing and has roots dating back to 1956. The company has an impressive roster of licensed brands from Levi’s to Nine West, Calvin Klein and Cole Haan, as well as the U.S. major sports leagues and more than 100 U.S. colleges and universities.


    G-III growth has been stellar in the last 15 years.

      


  • Papa John Schnatter Sells Papa John's in Insider Trade

    John Schnatter (Insider Trades), CEO, founder, chairman and 10% owner of Papa John’s International Inc. (NASDAQ:PZZA), sold 52,358 shares of the company on Oct. 12. The average price per share was $78.08 for a total transaction of $4,088,113. Papa John’s International is the third-largest pizza delivery company with a market cap of $2.87 billion.


    There is no clear linear increasing or decreasing trend in the number or volume of insider purchases made since 2013. In 2013, there were 11 insider sells totaling 99,636 shares of the company, and in the following year there were 7 insider sells totaling 87,584 shares. In 2015, the number of insider shares and total volume of insider shares sold rose to 16 transactions, totaling 609,661 shares. There have been 12 Papa John's insider sells, amounting to 384,647 shares sold, in 2016 to date. Schnetter sold 92.41% of total shares sold in 2016 to date in 9 transactions. For more information about insider trades with Papa John's, click here.

      


  • Create Your Own Shortlists With Greenblatt’s Magic Formula

    Do you have difficulty creating short lists of value stocks when you want to buy something new? Do you look for a reasonably systematic strategy when creating shortlists?


    In this article, we use Joel Greenblatt (Trades, Portfolio)’s Magic Formula to provide criteria for value stocks, and use the GuruFocus Magic Formula screener to reduce a universe of stocks into a manageable number.

      


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