Joel Greenblatt

Joel Greenblatt

Last Update: 02-16-2016

Number of Stocks: 851
Number of New Stocks: 208

Total Value: $9,210 Mil
Q/Q Turnover: 34%

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

Joel Greenblatt Watch

  • Weekly 3-Year Low Highlights: TLM, KBR, QSII, ACI

    According to GuruFocus list of 3-year lows, Talisman Energy Inc, KBR Inc, Quality Systems Inc, and Arch Coal Inc. have all reached their 3-year lows.


    Talisman Energy Inc (NYSE:TLM) Reached $9.69

      


  • International Paper is Restructuring its Operations

    In this article, let's take a look at International Paper Company (NYSE:IP), a $21.62 billion market cap company, which is a leading worldwide producer and distributor of printing papers and packaging products.


    Several Transformations

      


  • Paul Tudor Jones, John Buckingham and Jim Simons Long in Coach

    In this article, let's take a look at Coach Inc. (NYSE:COH), a $10.21 billion market cap company that designs, makes and markets fine accessories for women and men, including handbags, weekend and travel accessories, outerwear, footwear and business cases.


    Key drivers

      


  • General Mills: Correlation Between Price and ROE

    In this article, let´s see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the Return on Equity (ROE), and we are going to analyze it in the case General Mills Inc. (NYSE:GIS)


    ROE is calculated as net income applicable to common shares divided by the average book value of common equity: ROE = Net Income / Av. Book Value

      


  • Rogers Communications: DDM Model Indicates a Long Position

    In this article, let´s consider Rogers Communications Inc. (NYSE:RCI), a $20.92 billion market cap, which has a trailing P/E ratio that indicates that the stock is relatively undervalued (PE 15.5x vs Industry Median 24.9x).


    So in this article, let's take a look at a model that 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.

      


  • Cablevision: a 'Cash is King' Company

    In this article, let's take a look at Cablevision Systems Corporation (NYSE:CVC), a $5.15 billion market cap company, which is one of the largest U.S. cable multiple system operators. It offers Optimum brand cable, Internet and voice services to about 2.9 million subscribers in the New York tri-state area.


    A macro view

      


  • Xerox´s Business Model and Growth Opportunities

    In this article, let's take a look at Xerox Corporation (NYSE:XRX), a $15.44 billion market cap company, which is a media and entertainment conglomerate that has diversified global operations in theme parks, filmed entertainment, television broadcasting and consumer products.


    Business model

      


  • No More a Simple Distributor

    In this article, let's take a look at CR Bard Inc. (NYSE:BCR), a $11.21 billion market cap company, which is a diversified maker of therapeutic and diagnostic medical devices has exposure to the vascular, urology, oncology, and specialty surgical markets.


    Key Strategies

      


  • Weekly 3-Year Low Highlights: UAN, CLD, EXEL, QNST

    According to GuruFocus list of 3-year lows; CVR Partners LP, Cloud Peak Energy Inc, Exelixis Inc, and QuinStreet Inc have all reached their 3-year lows.


    CVR Partners LP (NYSE:UAN) Reached $15.50

      


  • Joel Greenblatt Shares His Stock Market Secrets To Success

    Joel Greenblatt (Trades, Portfolio) has an incredible track record as an investor.


    Steve Forbes sits down with him and they discuss how Greenblatt invests.

      


  • A Top Oil Service Company Expanding Operations Outside the U.S.

    In this article, let's take a look at Halliburton Company (NYSE:HAL), a $57.48 billion market cap company, which is a leading oilfield services company which provides products and services to the global energy industry.


    International presence

      


  • Soros, Dreman and Louis Moore Bacon Sold This Expensive Stock

    In this article, let´s consider EMC Corporation (NYSE:EMC), a $59.93 billion market cap, which has a trailing P/E ratio that indicates that the stock is relatively undervalued (PE 24.2x vs Industry Median 31.8x).


    So in this article, let's take a look at a model that 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.

      


  • Reasons to Invest in AutoZone

    In this article, let's take a look at Memphis-based AutoZone Inc. (NYSE:AZO), a $17.49 billion market cap company, which is a retailer of automotive parts and accessories.


    Interamerican Motor Corporation acquisition

      


  • Harley-Davidson: A Dominant Position in the Motorcycle Market

    In this article, let's take a look at Harley-Davidson, Inc. (NYSE:HOG), a $13.82 billion market cap company, which is a leading maker of heavyweight motorcycles also produces a line of motorcycle parts and accessories.


    More than 100 years old

      


  • Despite Regulation, Transparency and Competition, Aetna Looks Competitive in the Industry

    In this article, let's take a look at Aetna Inc. (NYSE:AET), a $29.05 billion market cap company that offers a broad range of traditional, voluntary and consumer-directed health insurance products and related services.


    Membership base

      


  • Hedge Fund Legend Joel Greenblatt - Writing A Bigger Book

    Every year, when Joel Greenblatt (Trades, Portfolio) kicks off his value and special-situation investing class at Columbia Business School, he makes his students a guarantee. "If they are good at valuing businesses, the market will agree with them, typically within two or three years," says Greenblatt, who has been an adjunct professor since 1996.


    While he can't make any such guarantees to investors, his track record lends validity to this thesis. Using an über-concentrated deep-value approach, the hedge fund he founded in 1985 produced 34% average annual gains, after fees and expenses, for the first decade. At the end of 1994, Greenblatt and his longtime partner, Rob Goldstein, concluded that their growing asset base would impede future returns because their approach was so narrow. They returned shareholders' money and stopped taking outside investments—though they kept their staff and continued to manage their own capital.

      


  • 5-year lows: Thoratec Corp, Brady Corp, General Cable Corp, and UTi Worldwide Inc.

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Thoratec Corp, Brady Corp, General Cable Corp, and UTi Worldwide Inc.


    Thoratec Corp (NAS:THOR) Reached $24.36

      


  • Weekly CEO Buys Highlight: FSFR, FSIC, OPK, EPE, ACXM

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


    Fifth Street Senior Floating Rate Corp (NASDAQ:FSFR): CEO Leonard Tannenbaum Bought 450,874 Shares

      


  • Top Insider Sells Highlight: Dexcom Inc.

    CEO, 10% Owner of Dexcom Inc (NASDAQ:DXCM) Terrance H Gregg sold 23,893 shares on 08/21/2014 at an average price of $44.36. The total transaction amount was $1,059,893.


    Dexcom Inc is a Delaware corporation, founded in May 1999. Dexcom Inc has a market cap of $3.29 billion; its shares were traded at around $43.60 with and P/S ratio of 15.90. Articles on GuruFocus.COM.

      


  • New Magic Formula Stocks From Joel Greenblatt: CBI, DAL, GILD, MNST, ROST, LUV

    Hedge fund manager, the inventor of “Magic Formula” Joel Greenblatt (Trades, Portfolio) just reported his second quarter portfolio at Gotham Asset Management, LLC. He reshuffled his portfolio dramatically during the quarter, and bought Chicago Bridge & Iron Company, Delta Air Lines Inc, Towers Watson & Co, Gilead Sciences Inc, Monster Beverage Corp, Teradata Corp, Intuit Inc, Xerox Corporation, Ross Stores etc during the 3-months ended 06/30/2014, according to the most recent filings of his investment company, Gotham Asset Management, LLC.  


  • Weekly 3-Year Low Highlights: RDC, EXXI, RP, BGC, SLRC

    According to GuruFocus list of 3-year lows, Rowan Companies PLC, Energy XXI (Bermuda) Ltd, Realpage Inc, General Cable Corp, and Solar Capital Ltd. have all reached their 3-year lows.


    Rowan Companies PLC (NYSE:RDC) Reached $29.51

      


  • Your Limiting Beliefs Are Sabotaging Your Investment Returns

    You could be destroying your only chance at a happy financial future and not even realize it. In fact, most value investors are in the process of doing just that.


    Let me explain.

      


  • United Technologies Looks Attractive For Investors

    In this article, let's take a look at United Technologies Corp. (NYSE:UTX), a $95.34 billion market cap company, a multi-industry holding company that conducts business through five segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney; UTC Aerospace Systems; and Sikorsky.


    Strong cash

      


  • Deere Remains Attractive Despite Quarterly Earnings

    In this article, let's take a look at Deere & Company (NYSE:DE), a $31.03 billion market cap company, which is the world's biggest producer of farm equipment, as well as a large maker of construction machinery and lawn and garden equipment with a brand name that has been in the industry for 175 years.


    Strong position

      


  • Buffett’s PetroChina Investment: Finding Large Gaps Between Price & Value

    “You don’t have to know a man’s exact weight to know that he’s fat.” - Ben Graham


    I was reading through some notes from the 2008 Berkshire Hathaway Annual Meeting and one of the questions grabbed my attention. The question was pertaining to Warren Buffett (Trades, Portfolio)’s decision to purchase stock in PetroChina back in 2002. Basically, the questioner was surprised that Buffett made such a sizable investment after a seemingly small amount of due diligence saying “all you did was read the annual report… Wouldn’t you want to do more research?”

      


  • Kraft Is Making Cost Efforts

    In this article, let's take a look Kraft Foods Group, Inc. (KRFT), a $34.43 billion market cap company, which is one of the largest consumer packaged food and beverage companies in North America,


    Kraft and Oscar Mayer

      


  • Carl Icahn and Nelson Peltz Became More Millionaires

    In this article let's take a look at the much anticipated merger between Family Dollar (NYSE:FDO) and Dollar Tree (NASDAQ:DLTR) that was announced yesterdar morning.


    The Deal

      


  • Nike Maintains a Strong Presence Outside the U.S.

    In this article, let's take a look at Nike, Inc. (NYSE:NKE), a $68.85 billion market cap company, which is the world's leading designer and marketer of high-quality athletic footwear, athletic apparel and accessories.


    Widely Recognized Brand

      


  • AbbVie´s ROE: A Tremendous Ratio

    In this article, let´s see one of the most important financial ratios applying to stockholders, the best measure of performance for a firm's management: the Return on Equity (ROE), and we are going to analyze it in the case of AbbVie Inc. (NYSE:ABBV).


    ROE is calculated as net income applicable to common shares divided by the average book value of common equity: ROE = Net Income / Av. Book Value

      


  • Caterpillar Enjoys Key Growth Drivers

    In this article let's take a look at Caterpillar Inc. (NYSE:CAT), the world's largest producer of earthmoving equipment, and a big maker of electric power generators and engines used in petroleum markets, and mining equipment.


    Overall Analysis

      


  • The Sword-Finance, its Sheath-Accounting, and the Shield-Tax Planning: Lesson 1 When to Sell and Investing Tax Tips


    Warren Buffet coined the phrase “Economic Moat,” which you can learn more about in the following article entitled “Economic Moats, Durable Competitive Advantage and Wide Moat Investments.

      


  • Top Insider Sells Highlight: Intel Corp

    Exec VP and CFO of Intel Corp (NASDAQ:INTC) Stacy Smith sold 614,432 shares on July 17 at an average price of $33.92. The total transaction amount is $20,841,532.


    Intel Corporation was incorporated in California in 1968 and reincorporated in Delaware in 1989. Intel Corp has a market cap of $169.55 billion; its shares were traded at around $34.06 with a P/E ratio of 18.30 and P/S ratio of 3.30. The dividend yield of Intel Corp stocks is 2.70%. Intel Corp had an annual average earnings growth of 8.30% over the past 10 years. GuruFocus rated Intel the business predictability rank of 2-star. Articles on GuruFocus.COM

      


  • 5-year lows: FirstEnergy Corp, Staples Inc, Avon Products Inc, and American Eagle Outfitters

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: FirstEnergy Corp, Staples Inc, Avon Products Inc, and American Eagle Outfitters


    FirstEnergy Corp (NYSE:FE) Reached $31.89

      


  • Guru Held Stocks Trading Near Historical Low P/S Ratios

    Buying stocks based on historical low price-to-sales (P/S) ratios has been shown to be an effective investment strategy. At GuruFocus our “Top 25 Historical Low P/S Ratio Companies” portfolio has outperformed the S&P 500 by 24.38 percent since its inception in 2010. Our portfolio is rebalanced once a year and can be viewed at GuruFocus.com. Below is the latest list of stocks that are trading near historical low P/S ratios and are widely held by the investing gurus we follow:


    Qualcomm Inc (QCOM) is trading at a low P/S ratio of 5.30, near its 10-year low of 4.48. The company designs, develops, manufactures, and market digital communications products and services based CDMA, OFDMA, and other technologies. In the United States, CDMA technology is used in phones serviced by Verizon, Sprint, and U.S. Cellular. The stock is held by 16 gurus we follow with PRIMECAP Management having the largest holding of 19 million shares, representing 1.11 percent of the shares outstanding.

      


  • Tupperware: A Different Bet on Emerging Markets

    For many of us, the name Tupperware is as American as apple pie on the 4th of July. Yet, this iconic brand now does far more business outside of the U.S.A. than within it. Last year, 2013, it derived 90% of its revenue from international markets, and taking the analysis one step deeper, received 65% of revenue from emerging markets.


    Now officially named Tupperware Brands Corporation (NYSE:TUP), this iconic company continues to sell directly to consumers at the home and office parties that helped make it a household name. Today, the company hosts another party roughly every second and a half, and continues the tradition of independent, commissioned hosts, or sales persons.

      


  • Top Insider Sells Highlight: Cardinal Health Inc.

    CFO of Cardinal Health Inc (NYSE:CAH) Jeffrey William Henderson sold 23,632 shares on July 14 at an average price of $70.65. The total transaction amount is $1,669,601.


    Cardinal Health is an Ohio corporation formed in 1979. Cardinal Health Inc has a market cap of $24.16 billion; its shares were traded at around $71.01 with a P/E ratio of 72.40 and P/S ratio of 0.30. The dividend yield of Cardinal Health Inc stocks is 1.80%. Cardinal Health Inc had an annual average earnings growth of 2.80% over the past 5 years.

      


  • I Believe AstraZeneca Is Fairly Valued

    AstraZeneca PLC (NYSE:AZN), a $94.71 billion market cap company is a giant in the drug industry and has a trailing P/E ratio that indicates that the stock is relatively undervalued (22.7x vs 41.8x of industry mean). 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 be-all and end-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.


    Valuation

      


  • Abner Herrman Is Increasing Position in the Pharmaceutical Sector

    Over the past days hedge funds have been filing their form 13-F, which is a quarterly report of equity holdings by filed institutional investment managers with at least $100 million in equity assets under management, as required by the United States Securities and Exchange Commission (SEC). In this article, let´s concentrate in one particular hedge fund and try to see the principal holdings in its portfolio. I will look into Abner Herrman & Brock LLC, which provides portfolio management for high net worth individuals, endowments, and corporate retirement plans.


    Recently the fund reported its equity portfolio, as at the end of June. The total value of the portfolio amounted to $331.2 million, up from $311.3 million disclosed at the end of the previous quarter. Consequently, the fund's total return was 6.4% in the last quarter. The filing revealed that at the end of June, the fund added 4 new positions to its equity portfolio, and sold out of 3 other companies. The top ten portfolio holdings as of the end of the quarter represented 30.85%. The largest changes from previous 13-F´s fillings are in the energy sector (3.5%) followed by the reduction of financials and industrials.

      


  • Lockheed: A Buy According to Absolute and Relative Valuation Models

    Lockheed Martin Corporation (NYSE:LMT), a $50.37 billion market cap company that is the world's largest military weapons manufacturer, has a P/E ratio that indicates that the stock is relatively undervalued (16.5x vs 22.1x of industry mean). 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 be-all and end-all for valuation. The purpose is to force investors to evaluate different assumptions about growth and future prospects.


    Valuation

      


  • Using Growth and Value for Stock Selection

    Value investors come in all shapes and sizes. From the Ben Graham followers who look at book value or underlying tangible net asset worth to those who apply a value mindset to work in other ways, including earnings growth. I fall into the latter category.


    Value purists will say that forward earnings are not tangible so should be used sparingly. That’s fine, there are some very successful investors who rely mainly on tangible assets to make their value approach work. One of the most important traits to being a successful investor is to use an approach that works for you. For me, I can’t ignore that the lifeblood of a business is its earnings and this has a very direct effect on valuation. The trick is to find those where earnings are growing in a reliable and healthy way while not overpaying for such earnings.

      


  • Guru Stocks at 52-Week Lows: DB, ROST, CNHI, OAK, JEC

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


    Deutsche Bank AG (NYSE:DB) Reached the 52-Week Low of $36.04

      


  • PRAA: Still a Place for Debt Recovery

    As the American economy recovers, we might ask if there will be enough defaulted loans for the debt recovery business to maintain its momentum, and in particular, for Portfolio Recovery Associates Inc. (NASDAQ:PRAA) to continue growing.


    PRAA comes to our attention through its appearance on the Undervalued Predictable and Buffett-Munger screens at GuruFocus.

      


  • To Bite or Not To Bite: That´s Luis Suarez and Adidas´ Question

    In this article, let´s look at Adidas AG (ADDYY), the German multinational corporation that designs and manufactures sports shoes, clothing and accessories based in Herzogenaurach, Bavaria, which spent approximately $70M to sponsor the FIFA World Cup Brazil 2014.


    Adidas logo is prominently displayed throughout the World Cup and is also the official ball provider “The Brazuca”.

      


  • Top Hedge Fund Gurus Hold IBM, Should You Too?

    In this article, let´s concentrate in International Business Machines Corp. (NYSE:IBM), a major player in the hardware, software and services markets and has been Oracle (NYSE:ORCL) ´s database rival. This giant has evolved from being a computer hardware vendor to a system, services and software company that focuses on integrated solutions.


    Long-Term Growth Opportunities

      


  • 5-year lows: Sears Hometown & Outlet Stores Inc, Landauer Inc, EarthLink Holdings Corp, and Vocera Communications Inc

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Sears Hometown & Outlet Stores Inc, Landauer Inc, EarthLink Holdings Corp, and Vocera Communications Inc


    Sears Hometown & Outlet Stores Inc (NAS:SHOS) Reached the 5-year Low of $21.69

      


  • Whirlpool Continues to Be an Attractive Investment

    In this article let's take a look at Whirlpool Corp. (NYSE:WHR), the leading manufacturer and marketer of home appliances.


    Global Operations

      


  • 5-year lows: Rentech Nitrogen Partners, Francesca’s Holdings, American Residential Properties , Silver Bay Realty Trust, and Western Asset Mortgage Capital

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Rentech Nitrogen Partners LP, Francesca’s Holdings Corp, American Residential Properties Inc, Silver Bay Realty Trust Corp, and Western Asset Mortgage Capital Corp


    Rentech Nitrogen Partners LP (NYSE:RNF) Reached the 5-year Low of $16.02

      


  • Philip Morris Is a Leading Tobacco Maker in an Incredible Profitable Industry

    In this article let's take a look at Philip Morris International Inc. (NYSE:PM), the global tobacco giant that sells cigarettes in over 200 countries, which manufactures and markets the number one cigarette brand: Marlboro.


    Combined Power

      


  • Greenblatt Discloses Three of His Short Holdings

    In an interview on CNBC last Thursday, Joel Greenblatt (Trades, Portfolio), Columbia professor and CIO of Gotham Asset Management, briefly discussed his strategy. Many people are aware of his Magic Formula strategy from his book, “The Little Book that Beats the Market.” The Magic Formula is designed to give the retail investor a simple investing strategy to follow. It is based on buying companies with high returns on capital (ROC) and earnings yields and rebalancing once a year. For the three long/short funds that he manages at Gotham Asset Management, he has a higher level of scrutiny in his investments. According to an interview with Morningstar in October, it took his team six to seven years to research all of the largest companies and be able to update them on a quarterly basis as new information comes out. His research involves going through every balance sheet, income statement, and cash flow statement and making adjustments from what the companies are reporting and what the economic reality is.


    His strategy as described in the interview includes looking at the largest 2,000 companies in the U.S. and ranking them based on their discount to their assessment of value. He buys the 300 cheapest stocks and shorts the 300 most expensive stocks. His long portfolio can be followed at GuruFocus (Joel Greenblatt – Stock Picks). The difficulty is finding the stocks that he is short since they are not required to be disclosed. On CNBC he listed off three of them: Stratasys Ltd. (NASDAQ:SSYS), Carnival Corp (NYSE:CCL) and Salesforce.com Inc. (CRM). He says that these companies are eating through cash and destroying capital as they invest.

      


  • Joel Greenblatt’s Forgotten Original Magic Formula

    Did you know that long before Magic Formula investing went mainstream, Joel Greenblatt (Trades, Portfolio) was developing and testing an even more powerful investment technique?

    Joel Greenblatt (Trades, Portfolio): A Beautiful (Investment) Mind

      


  • Weekly Three-Year Low Highlights: LULU, BLOX, RNF, BEBE

    According to GuruFocus list of three-year lows, Lululemon Athletica Inc., Infoblox Inc., Rentech Nitrogen Partners LP, and bebe Stores Inc. have all reached their three-year lows.


    Lululemon Athletica Inc. (NASDAQ:LULU) Reached the Three-Year Low of $43.16

      


  • Weekly 3-Year Low Highlights: KN, MGNX, MIXT, EDMC

    According to GuruFocus list of three-year lows, Knowles Corporation, Macrogenics Inc., MiX Telematics Ltd. and Education Management Corp have all reached their three-year lows.


    Knowles Corporation (NYSE:KN) Reached the Three-Year Low of $28.68

      


  • Weekly CEO Buys Highlight: CLR, TRUE, ARP, MGLN, CLMS

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


    Continental Resources Inc (NYSE:CLR): CEO & Chairman, 10% Owner Harold Hamm Bought 42,300 Shares

      


  • NEW SITE FEATURE: 10-Year Median Scans

    GuruFocus has always delievered the most vast offering of equity research tools available on the market. Last year we introduced the All-In-One Guru Screener. It has been met with immensely positive feedback and has quickly become the go-to scanner for sophisticated investors.


    To further improve its fundamental search capabilities, we have added 10-year median options to several of the scan metrics. Return on Assets (ROA), Return on Equity (ROE) and Joel Greenblatt (Trades, Portfolio)’s Return on Capital (ROC) have been existing features since inception. The easy-to-use drop down menus allow users to select minimum and/or maximum values by which to filter a list of qualifying securities.

      


  • Importance of ROIC Part 1: Compounders and Cheap Stocks

    A while back, I posted a couple articles on return on invested capital (ROIC) along with some comments on Joel Greenblatt (Trades, Portfolio)’s Magic Formula. These posts attracted a lot of comments and email questions, so I wanted to post some more thoughts on the topic of compounding generally, and maybe ROIC more specifically. Here are some links to posts that are somewhat related to this topic:




  • Top 5 Hedge Fund Net Buys

    The recent top net buys of the hedge fund gurus were American Airlines (NASDAQ:AAL), Actavis (NYSE:ACT), Allegion (NYSE:ALLE), Gilead Sciences (NASDAQ:GILD), and Verizon (NYSE:VZ). I found the net buys by using the S&P 500 Grid at GuruFocus. I adjusted the setting to include only hedge fund gurus and examined the results for both S&P 500 companies and non-S&P 500 companies.


    American Airlines Group (AAL) 14 (16 buys, 2 sells)

      


  • Joel Greenblatt's Gotham Capital Top 5 New Stocks

    Joel Greenblatt (Trades, Portfolio) is the developer of the famous investing strategy for the everyday person, the “Magic Formula.” He also along with a partner manages a hedge fund called Gotham Funds. The stock selection process at the fund involves valuing all U.S. large and mid-cap companies, then taking positions in those trading at the greatest discounts and shorting the most overvalued, controlling for risk. They describe their views as follows:

    “We believe that although stock prices often react to emotion over the short term, they generally trade toward fair value over the long term. Therefore, if we are good at identifying mispriced businesses (a share of stock represents a percentage ownership stake in a business), the market will agree with us...eventually. For an individual stock selection, we believe the waiting period for the market to get it “right” is no more than 2 or 3 years in the vast majority of cases. For a portfolio of stocks, we believe the average waiting period can often be much shorter.”  


  • Schlumberger Ltd (SLB): Solid Company and Growing

    Current Price: $100.22


    P/E: 18.8

      


  • 5-year lows: Realogy Holdings Corp, International Game Technology, Valley National Bancorp, and Mack-Cali Realty Corp

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Realogy Holdings Corp, International Game Technology, Valley National Bancorp, and Mack-Cali Realty Corp


    Realogy Holdings Corp (NYSE:RLGY) Reached the 5-year Low of $36.95

      


  • PetSmart Is a Top Defensive Company with Growth

    As the bull market continues, I am becoming more defensive. In the "Intelligent Investor," Benjamin Graham said, “The defensive investor must confine himself to the shares of important companies with a long record of profitable operations and in strong financial condition.” I used GuruFocus’ All-In-One Guru Screener to find a defensive stock in order to add a more defensive position.


    Defensive Screen:

      


  • Caesars Isn’t Giving Up, but Is It Enough to Turn Profits Around?

    In the last article I wrote about Caesars Entertainment Corp (NASDAQ:CZR), I pointed out that the company’s profits haves declined significantly, due to several factors like the licensing proliferation in the U.S. and the 2009 recession, which resulted in strong revenue declines throughout 2012. Furthermore, I was bearish about the casino’s ability to regain its financial strength, given its lack of free cash flow and immense debt load. With investment gurus like Paul Tudor Jones (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio) selling out or reducing their shares in the company, it seems as though not much has changed in the past months. But let’s take a look at the Apollo Global Management LLC (NYSE:APO) controlled casino operator and see if there might be an upside anytime soon.


    Is a New Acquisition Really a Good Idea?

      


  • Urban’s Expansion Plans Look Attractive

    Urban Outfitters Inc. (NASDAQ:URBN) is a leading lifestyle specialty retail company that operates Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands. The company operates in two segments: retail and wholesale apparel. The company’s retail segment consists of its Urban Outfitters, Anthropologie, Free People, Terrain and BHLDN brands, whose merchandise is sold to customers through its stores, websites, mobile applications, catalogs and customer contract centers.


    In this article, let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment opportunity.

      


  • Weekly Three-Year Low Highlights: CRTO, CVT, QSII, CNSI

    According to GuruFocus list of three-year lows; CRITEO, Cvent Inc., Quality Systems Inc. and Comverse Inc. have all reached their three-year lows.


    CRITEO (NASDAQ:CRTO) Reached the Three-Year Low of $28.94

      


  • Johnson Controls Is a Nice Bet at this Moment

    In this article, let's take a look at one company in the Auto Parts & Equipment sub-industry and try to explain to investors the reasons this is an apparently appealing investment opportunity.


    Johnson Controls Inc. (NYSE:JCI) supplies building controls and energy management systems, automotive seating, and batteries. It operates in three primary businesses: Building Efficiency, Automotive Experience and Power Solutions. The Building Efficiency segment provides facility systems, services and workplace solutions including comfort, energy and security management for the residential and non-residential buildings markets. The Automotive Experience segment designs and manufactures interior systems and products for passenger cars and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles. The Power Solutions segment designs and manufactures automotive batteries for the replacement and original equipment markets.

      


  • 5-Year Lows: American Eagle Outfitters, Intrexon Corp, Mack-Cali Realty Corp, and Weight Watchers International Inc

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: American Eagle Outfitters, Intrexon Corp, Mack-Cali Realty Corp, and Weight Watchers International Inc


    American Eagle Outfitters (NYSE:AEO) Reached the 5-year Low of $10.99

      


  • Technological Innovation Will Ensure a Profitable Future for This Auto Parts Supplier

    With safety regulations getting stricter for automotive manufacturers, auto-parts suppliers which manufacture safety automotive systems and components are avid to gain profit from this context. This is the case of multibillion dollar auto-parts manufacturer TRW Automotive Holdings Corp (NYSE:TRW). The company focuses on designing, and manufacturing active and passive safety automotive products for OEMs and the aftermarket. Furthermore, TRW has four business segments: the Chassis Systems segment, the Occupant Safety Systems segment, the Automotive Components segment, and the Electronics segment. Each of this operating businesses are respectively responsible for 66%,19%,11% and 4% of sales.


    The Chassis segment focuses on manufacturing products related to brake and steering modules, as well as on linkage and suspension. In addition, the Occupant Safety Systems segment manufactures airbags, seatbelts and restrain systems. As for the Automotive Components segment, it produces body controls and some engine components as valves. Finally, the Electronic segment focuses on the design of electronic components for safety systems, chassis, powertrain and driver assistance. With a 2013 revenue of $17.4 billion, let me show you why this company is a great investment opportunity.

      


  • The Many Reasons Why This Canadian Wireless King Will Remain on Top

    Founded in 1920, Rogers Communications Inc. (RCI) has grown to become the largest communications and media company in Canada. The firm provides wireless voice and data communications services, telephony, cable TV, Internet access and video retailing. It also has a business solutions division, which offers data networking, voice communications services and broadband Internet connectivity to businesses.


    A Leadership Trajectory

      


  • Weekly Guru Bargains Highlights: VOD

    According to GuruFocus updates, these stocks have declined the most since Gurus have bought.



    Vodafone Group PLC (NAS:VOD): Down 48% Since Steven Romick (Trades, Portfolio) Bought In the Quarter Ended on 2013-12-31

      


  • Big Solutions to Improve Dow's Balance Sheet

    The Dow Chemical Company (NYSE:DOW) is the largest U.S. chemical maker by sales. It is engaged in manufacturing and supplying products used primarily as raw materials in the manufacture of customer products and services. The company serves the following industries: appliance; automotive; agricultural; building and construction; chemical processing; electronics; furniture; housewares; oil and gas; packaging; paints, coatings and adhesives; personal care; pharmaceutical; processed foods; pulp and paper; textile and carpet; utilities; and water treatment.


    In this article, let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment.

      


  • Why I Feel Bullish on Akamai

    Akamai Technologies Inc. (NASDAQ:AKAM) is engaged in providing content delivery and cloud infrastructure services for accelerating and improving the delivery of content and applications over the Internet.


    In this article, let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment.

      


  • Can GameStop Adapt to New Challenges?

    GameStop Corp. (NYSE:GME) is a video game retailer. The company sells video game hardware and software, accessories, as well as personal computer (PC) entertainment software and other merchandise.


    So let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment in the videogame industry which is highly competitive and shoppers have many alternatives to buy.

      


  • Is Cooper Companies' Upward Trend Likely to Go On?

    A Delaware corporation organized in 1980, Cooper Companies Inc. (COOP) is a global medical devices company dedicated to being A Quality of Life Company (TM) with a focus on delivering shareholder value. It operates through two business units: CooperVision, Inc (CV) and CooperSurgical, Inc (CS). They compete on the basis of product quality and differentiation, technological benefit, service and reliability. CS focuses on developing and manufacturing diagnostic and surgical products for gynecologists and obstetricians. Its customers are healthcare professionals and institutions providing care to and for women. On the other hand, CV is engaged in the development, manufacturing and marketing of monthly, two-week and single-use contact lenses, including advanced materials and optics. It is one of the world's top four developers and manufacturers of contact lenses. Approximately, 58 percent of CV's sales are international. CS' sales account for 15 percent of total sales.


    In the last month, Cooper Companies has been enjoying rising earnings estimates, riding on strong fiscal 2014 first-quarter results and a promising guidance for fiscal 2014. The global medical device company has delivered positive earnings surprises in 3 of the last 4 quarters. It also reported an improvement of 200 basis points -each in the gross and operating margins for the quarter. Moreover, in the past 30 days it saw five upward estimate revisions for fiscal 2014 with no downward revision over the same time frame. Shares rose up by 7.2 percent in the last month and while this trend may have just begun, is it likely to keep going on? Let's take a closer look at the company and find out.

      


  • The World's Third-Largest Oilfield Services Provider Favoring from Key Actions

    Baker Hughes Incorporated (NYSE:BHI) is a supplier of oilfield services, products, technology and systems to the oil and natural gas industry. The company provides products and services for drilling and evaluation of oil and natural gas wells; completion and production of oil and natural gas wells; and other businesses, including downstream refining, and process and pipeline services.


    Strong Portfolio

      


  • The Rise of an Underdog Cable Network

    In order to survive in the television entertainment industry, a company must be large and diversified. While this supposition is true to some extent, it doesn’t apply to all success stories in the media industry. AMC Networks Inc. (NASDAQ:AMCX), post its spin-off from Cablevision Systems Corporation (NYSE:CVC) in 2006, was shy of major profits at the start, but in a little over five years has managed to become one of the most tantalizing investment options in the TV market. In fact, investment gurus Steven Cohen (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio) have been buying large amounts of the company’s shares this past quarter, hoping to gain decent profits in the long term.


    Slowly, but Steadily Gaining Terrain

      


  • Gurus and Methanol Say No to Methanex

    For quite some time now, global warming has become a common lexicon. The fear of an unsustainable world due to pollution and radical weather has fueled the search for alternative fuels. The incentive drove individual and corporate efforts to develop and propose some interesting solutions. Biodiesel, bioalcohol, fuel cells, hydrogen, vegetable oil, among other fuels are considered substitutes for fossil fuels. Nonetheless, neither alternative has developed sufficient acceptance or the necessary infrastructure to serve the world market. In the USA, the latest alternative to be proposed has been methanol from natural gas. Should the proposal garner enough support at Washington DC, it would be a game changer, especially for Methanex (NASDAQ:MEOH). So far, lawmakers have not been too moved by the idea, and analysts argue that intense lobbying will be a key to reverse their opinion.


    Gurus’ Dumping and Operational Difficulties

      


  • GameStop Corp: A Company Needing to Adapt in a Changing Industry

    GameStop Corp. (NYSE:GME) is a U.S. video game and entertainment software retailer. Based in Grapevine, Texas, the company operates 6,700 stores throughout America and Europe. It is the main retailer and often the only choice for gamers of new and used games. Offering a wide variety of used titles, having good customer service, accepting most titles, and also giving the customers credit on new games for their used ones, the pre-owned games (used games) business has generated as much as half of the company’s gross profit.


    Having a customer loyalty program (PowerUp Rewards), with more than 30 million users, the company ensured both its new and preowned gaming market, giving benefit to customers (usually young ones that use solely cash), and ensuring its market share against competitors such as Target or Wal-Mart. Though now the online retail store Amazon.com seems to be the most dangerous competition for GameStop.

      


  • An Intro to Magic Formula Investing

    Over the coming years I will be covering Joel Greenblatt (Trades, Portfolio)’s “magic formula” and the stocks that come up on the magic formula screen. Since its inception in 2006 I have been fascinated that such a simple formula can truly make value investing a whole lot easier.


    Since it has been a couple of years since "The Little Book That Beats the Market" has been released, chances are that “newer” value investors might not be familiar with it. So let’s start with the basics and what I hope to accomplish.

      


  • Joel Greenblatt - Large Caps Have a Much Better Valuation These Days Than Small Caps

    On the long side Greenblatt likes Hewlett-Packard (NYSE:HPQ) and Apple (AAPL) both of which have huge returns on capital and very low valuations.


    He doesn't like buying a tech company on its own, but he loves buying a basket of these companies with these kinds of metrics.

      


  • This Tech Company Endured the 90s Bubble and Managed to Stay on Top of the Market

    Before, After and Throughout the 90s Bubble

      


  • Weekly CEO Buys Highlight: CLMS, OPK, OVAS, RTRX, MDCA

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


    Calamos Asset Management Inc. (NASDAQ:CLMS): Chairman, CEO and Global Co-CIO, 10% Owner John P. Calamos Sr. Bought 225,004 Shares

      


  • This Auto Parts Bull Is Expected to Continue Outperforming

    The auto parts industry is starting to regain momentum and suppliers are making hefty profits from an improving economic situation. Or at least this seems to be the case for industry giant Magna International Inc. (NYSE:MGA).


    Magna is an amply diversified company that is divided in three business segments: the External Production Sales segment, the Complete Vehicle Assembly operating Group, and Tooling, Engineering and Other. The biggest operating group is the External Production Sales segment, and is spread in various geographic regions. The U.S. market makes up approximately 50% of the company's income, while the European market is responsible for 30% of the income.

      


  • Ritchie Bros Auctioneers’ Debt Levels a Few Years After the Crisis

    I like to keep a close eye on the developments of the auctioneer industry. Sometimes, I come across interesting investment options, like Ritchie Bros. Auctioneers Inc. (NYSE:RBA). Although I take many aspects into account when I analyze a company, I will focus, in this article, on debt and liabilities, in addition to examining what analysts and other top investors think about this company.



    This analysis is crucial to understanding the risks of investing, and will allow us to appreciate how leveraged the auctioneer is, and what kind of returns to expect from a long-term investment after the company reported its earnings last Monday. As the years 2008 and 2009 have taught us, leveraged companies with large amounts of debt can have a devastating impact over your investment. However, by taking a close look into the debt scheme of Auctioneers, we will be able to elucidate if the company is likely to maintain its capital, and use it for future growth.
      


  • Gotham Asset Management’s Big Bets on Tech

    Over the past days hedge funds have been filing their form 13-F, which is a quarterly report of equity holdings for institutional investment managers with at least $100 million in equity assets under management, as required by the United States Securities and Exchange Commission (SEC). In this article, let's concentrate in one particular hedge fund and try to see the principal holdings in its portfolio. I will look into Gotham Asset Management LP in which Joel Greenblatt (Trades, Portfolio) and Robert Goldstein serve as Managing Principals and co-CIOs for Gotham, with over 50 years of combined investment experience.


    Recently the fund reported its equity portfolio, as at the end of last year. The total value of the portfolio amounted to $4.2 billion, up from $3 billion disclosed at the end of the previous quarter. Consequently, the fund's total return was 40% in the last quarter. The filing revealed that at the end of last year, the fund added 219 new positions to its equity portfolio, and sold out of 150 other companies. The top ten portfolio holdings as of the end of the quarter represented 6.3%. The largest changes from previous 13-Fs fillings are in the technology sector (1.6%) followed by industrials and telecom (around 1% each).

      


  • Magna International: A Look at This Diverse Auto Part Supplier’s Profitability

    As one of the largest and most diversified auto parts supplier worldwide, Magna International Inc. (NYSE:MGA) provides auto repair shops with an extremely vast array of products, including seating, roof systems, powertrain, electric vehicle systems, vehicle assembly and engineering, amongst others.


    Although this sort of diversification has earned the company some profitable years, many analysts consider it to be unsustainable in the long term, as management is forced to spread its resources throughout multiple product development groups. Also, the prior bankruptcy cases of fellow competitors Delphi Automotive PLC (NYSE:DLPH) and Visteon Corp (NYSE:VC), which had a similarly diverse business model, should be a warning regarding this firm’s balance sheet.

      


  • Wendy's Short-Term Good Trend

    The Wendy's Company (NASDAQ:WEN) is one of the largest fast food restaurants operating with more than 6,000 locations worldwide. The company focuses on quality and therefore higher prices must be charged, but Wendy's has seen a growth decline because customers have less disposal income and are switching to other less expensive products. To improve this situation the company launched initiatives like the “Right Price, Right Size Menu initiative”, which offers items ranging from 99 cents to $1.99 trying to win back low-price-shopping consumers. The firm's competitors include Burger King Worldwide, Inc. (NYSE:BKW), McDonald´s Corp. (NYSE:MCD) and Yum! Brands Inc. (NYSE:YUM).


    Now, turning our attention to the future direction of the stock, let's take a look at the intrinsic value of this company and try to explain to investors the reasons why it is a good buy or not. In this article, we present a model that 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.

      


  • Five-Year Lows: Northwest Natural Gas, Diamond Offshore Drilling Inc., Quality Systems Inc. and National Bank Holdings Corp

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their five-year lows: Northwest Natural Gas, Diamond Offshore Drilling Inc., Quality Systems Inc. and National Bank Holdings Corp.


    Northwest Natural Gas (NYSE:NWN) Reached the Five-Year Low of $42.03

      


  • Calculating United Tech's Fair Value Based on Future Growth Expectations

    United Technologies Corp. (NYSE:UTX) is a diversified business conglomerate serving various end-markets such as aerospace, defense and commercial construction. It has reported strong earnings per share improvement in fourth quarter 2013 compared to the same quarter a year ago. Additionally, the company has demonstrated a pattern of positive earnings per share growth over the past two years, as we can see in the next chart. We include the stock price because EPS often lead the stock price movement.


    1393471140201.png

      


  • An Industry Giant Re-Adapting to a New Scenario

    The pharmaceutical industry is a dynamic market, where the need for investment in new developments and generic competition, mark the path for major manufacturers. Pfizer Inc. (NYSE:PFE) is a firm with an outstanding portion of prescription drug’s sales (reaching up to 90%), and a large share of the pharmaceutical market, making it an industry leader. Pfizer enjoys a wide moat, based on its capacity to diversify fields of operation, secure high levels of cash flow and financial strength for the development of new drugs, and finally due to its sales ratio in emerging markets.


    New Opportunities, New Challenges

      


  • New Management and a Profitable Outlook for This Auto Parts Giant

    Stocks that are profitable in the first-quarter fiscal 2014, which also have encouraging projections for the entire fiscal 2014, have been drawing the attention of investors. This is the case of Johnson Controls (NYSE:JCI), a diversified enterprise with a promising outlook.


    Even though JCI has to deal with big competitors such as Lennox International Inc. (NYSE:LII) or Siemens AG (SI), the company successfully conducts three operating groups. These are: the building efficiency segment, the automotive segment, and the power solutions segment. Each segment is a multi-billion operating business, that respectively showed revenue growth throughout fiscal 2013.

      


  • DirecTV: Risks Remain, but Profits Are Growing

    Fighting for customer a solid customer base is one of the largest challenges among any pay TV provider in the industry. However, for satellite TV operators like DirecTV (NASDAQ:DTV) this trial is even more difficult, given consumers' rapidly changing viewing habits. Furthermore, the company’s expansion strategy into the emerging Latin American market is supposed to be a source of growth, but some issues regarding subscriber declines in Brazil and a 70% overall decline in the region's subscriptions could be detrimental for profits this upcoming 2015.


    Nevertheless, the company’s 93,000 new domestic customers added in fourth quarter fiscal 2013 has helped improve overall results, boosting revenue by 7.7%, and allowing for margin expansion despite continued programming cost pressure. On another positive note, the TV provider has been generous with shareholders, returning $4 billion via share repurchases. However, in spite of the advanced technology and strong brand presence of DirecTV, long-term profits remain uncertain, amid headwinds in the Latin American market, currency fluctuations and changing consumer habits.

      


  • Is This Baker Ready to Play?

    It has come to be a fact that the restaurant industry has no self-evident recipe for success. Panera Bread Company (PNRA) is one of the big boys in the fast bakery-coffee category, owning and franchising stores under Panera Bread, Saint Luis Bread Co., and Paradise Bakery brands. Working the suburban strip malls and regional malls all across the US, Panera Bread operated 1,736 bakery-cafes by the last quarter of 2013. Panera’s main products include baked goods, custom roasted coffees, sandwiches, soups and salads, as well as fresh dough and sweet goods which it supplies through a contract manufacturing arrangement to both owned and franchised cafes.


    Competition and Brands

      


  • An Auto Parts Supplier With a Great Outlook

    The auto parts sector is known for its competitiveness and cyclical behavior, which can affect the long-term economic sustainability of a stock. With big competitors in this industry such as TRW Automotives Holdings Corp (NYSE:TRW) and Allison Transmission Holding Inc (NYSE:ALSN), BorgWarner Inc (NYSE:BWA) is leading the way in terms of innovation according to the new ecologic trend of the automotive industry.


    BWA is an auto-parts supplier that operates in two segments: manufacturing engine supplies that reduce emissions, and DCT (dual-clutch technology) transmissions. The engine segment is accountable for 70% of the company’s sales, and is thus largely responsible for the firm’s total revenue rising up to $7 billion. This company is focused on improving fuel efficiency and reducing emissions for its customer’s products. Thus, making long-term economic profitability in an increasingly ecologically concerned industry is what is expected for this company.

      


  • Guru Stocks at 52-Week Lows: CHL, VOD, T, KO, HMC

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



    China Mobile Ltd. (NYSE:CHL) Reached the 52-Week Low of $47.87

      


  • Weekly 3-Year Low Highlights: VOD, TFM, SALT, WPRT, PBPB

    According to GuruFocus list of 3-year lows; Vodafone Group PLC, Fresh Market Inc, Scorpio Bulkers Inc, Westport Innovations Inc, and Potbelly Corporation have all reached their 3-year lows.


    Vodafone Group PLC (NASDAQ:VOD) Reached the 3-year Low of $39.00

      


  • The Stocks Investor Joel Greenblatt Wants

    Deviser of stock market investing tactics for the everyman, Joel Greenblatt (Trades, Portfolio) disclosed this week what he bought for his own portfolio in the fourth quarter. The guru owns 950 stocks in total, of which 220 are new as of the quarter. It is valued at $4.2 billion and most heavily weighted among the industrials (24.2%), technology (20.1%) and consumer cyclical (19.7%) sectors.

    He has relatively high turnover in his portfolio at 39% over the previous quarter due in part to his investing style. The “Magic Formula,” the famous strategy he created for consistently market-beating returns, involves: screening for top-ranked stocks, buying them and holding them for one year.  


  • Amgen Inc: As Good as It Gets?

    A biotechnological pioneer since 1980, Amgen Inc. (NASDAQ:AMGN) is now the world's largest independent biotechnology company. It is committed to unlocking the potential of biology for patients suffering from serious illnesses in the areas of supportive cancer care, nephorology and inflammation. Its approach begins with using tools such as advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology. In its discovering, developing, manufacturing and delivering innovative human therapeutics in different parts of the world, Amgen focuses on areas of high unmet medical need and leverages its biologics manufacturing expertise to find solutions that improve health outcomes and exponentially improve patients' lives. Last quarter Amgen presented a solid earnings report. It reached revenues 13.3% higher than last year's quarter, with products like Neulasta, Epogen, Enbrel, Prolia and Xgeva driving growth. Is this as good as it gets for Amgen, or does it still have some room for growth?


    It's All About the Pipeline

      


  • Why Procter & Gamble Is a Buy: A Look at Fundamental Value

    In a previous article we saw the 13F´s holdings of Absolute Return Investors. Here, let´s analyze if one of them, Procter & Gamble Co (NYSE:PG) is coherent to be in that long portfolio. The company does not need too much introduction. It has five segments: Beauty, Grooming, Health Care, Fabric Care and Home Care, and Baby Care and Family Care. The firm's largest competitors include Johnson & Johnson (JNJ) and Kimberly-Clark Corporation (KMB).


    Turning our attention to the future direction of the stock, let's take a look at the intrinsic value of this company and try to explain to investors the reasons why it is a good buy or not.

      


  • Weekly CEO Buys Highlight: HOLX, EPB, CLMS, IDTI, BYI

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below:


      


  • Thoughts on Return on Capital and Greenblatt’s Magic Formula Part 2

    In part 1 of this post, I mentioned I caught a video interview with Joel Greenblatt at Morningstar. In the video, Greenblatt talks about indexing, and things that are not necessarily interesting to me and my investment strategy, but he also had some brief comments on return on capital. In the last post, I discussed the basic method that Joel Greenblatt (Trades, Portfolio) uses to define return on capital. I also discuss some of the fundamentals and the importance of this key business metric, so check out that post first, if you haven’t yet.


    The interesting thing was when Greenblatt specifically said he looks to fill his portfolio with businesses that have historically produced 50% returns on capital.

      


  • 5-Year Lows: Schnitzer Steel Industries Inc., Walter Energy Inc., Silver Bay Realty Trust Corp and Resolute Energy Corp

    According to GuruFocus list of five-year lows, these Guru stocks have reached their five-year lows: Schnitzer Steel Industries Inc., Walter Energy Inc., Silver Bay Realty Trust Corp. and Resolute Energy Corp.


    Schnitzer Steel Industries Inc. (NASDAQ:SCHN) Reached the Five-Year Low of $25.23

      


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