Joel Greenblatt

Joel Greenblatt

Last Update: 02-14-2017

Number of Stocks: 926
Number of New Stocks: 237

Total Value: $7,757 Mil
Q/Q Turnover: 33%

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

Joel Greenblatt Watch

  • 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.


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  • 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 (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 (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

      


  • Apparel Retailer Pushed Down by Teen Fickle Trends and Pricing Pressure

    Aeropostale Inc. (ARO) is a mall-based specialty retailer of casual apparel and accessories for customers between the ages of 14 and 17. The company designs, markets and sells good-quality fashion and basic fasion products at relatively low prices under its namesake brand and P.S. from Aeropostale. Its products compete with those of other teen retailers such as Abercrombie&Fitch (NYSE:ANF), American Eagle Outfitters (NYSE:AEO), Hollister Co. (operated by ANF) and Old Navy, a brand owned by Gap Inc. (NYSE:GPS). Aeropostale designs and sources all of its products, thus maintaining control of its proprietary brands. The firm owns 984 Aeropostale stores located in all 50 states, Puerto Rico and Canada, as well as 100 P.S. for Aeropostale locations.


    Lack of Moat and Narrow Margins

      


  • Valuation of Wal-Mart 's Common Stock Using Dividend Discount Model (DDM)

    Wal-Mart Stores Inc. (NYSE:WMT) is the largest retailer in North America. It operates retail stores in various formats worldwide, a chain of over 10,000 discount department stores, wholesale clubs, supermarkets and supercenters. The company operates in three segments: Walmart U.S. (59.0% of the company´s sales in fiscal 2013), Wal-Mart International (29%) and Sam's Club (12%).


    Valuation

      


  • Thoughts on Return on Capital and Greenblatt's Magic Formula Part 1

    I recently watched a video of Joel Greenblatt with Morningstar. Most of the video discusses the index approach to investing using a value weight (as opposed to equal weight or market weight, which most indexes use).


    I’m not that interested in indexing, although for individuals that want completely passive exposure to stocks, value weighting certainly makes much more sense to me than market weighting (because market weighting systematically buys more of a stock as it goes up, thus forcing you to buy more of a stock as it becomes more overvalued, and less of a stock as it becomes undervalued… equal weighting makes these errors random, and value weighting essentially reverses the errors, thus allowing you to own more of a stock as it becomes cheaper, and less of it as it becomes more expensive).

      


  • Will This Time-Share Exchange Business Reap Profits or Losses?

    It’s difficult for any company to last several decades in the leisure industry, especially after an economic crisis or a recession arises. However, a few market giants with a diversified brand portfolio and strong international presence have managed to ride the tidal wave successfully and are now looking towards a brighter future. Interval Leisure Group Inc. (IILG) is one of these market giants. A pioneer and innovator in the vacation ownership market since 1976, the Miami-based firm operates the second-largest time-share exchange business in the world, Interval International. Today, this company’s exchange network comprises over 2,800 resorts in 75 countries, and its quality products are offered to approximately 2 million members. So, let’s see why investment gurus Joel Greenblatt (Trades, Portfolio), John Keeley (Trades, Portfolio) and Ron Baron (Trades, Portfolio) are all so keen on buying this company’s shares.


    New Acquisitions

      


  • A Tweaked Magic Formula Screen That Looks Very Promising

    I’ve recently decided to go back and re-read a few classics on performing valuations and what value-based systematic strategies have  worked over the years.  One of the most impressive findings in the financial literature of the past 10 years is the now-famous book by Joel Greenblatt (Trades, Portfolio): "The Little Book That Beats the Market."


    This is based on the simple realization that ranking companies based on specific measures of return on capital and earnings yield and choosing the best ranked ones to construct a portfolio would have outperformed the S&P over any three-year period since the mid-1960s.

      


  • The Market Magic of a Toy Company

    In the fast-paced modern-day world, traditional toy manufacturers must face a fierce battle against the electronics and video-game industry. Mattel Inc. (NASDAQ:MAT) is the largest toy company in the leisure industry, and as such must face these challenges. However, this company’s combination of a solid product portfolio, international expansion and cost efficiency programs make it a strong contender for long-term investments. Let’s see what encouraged investment gurus John Hussman (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio) to buy this company’s shares.


    Toys for Boys and Girls

      


  • A Personal Care Giant That Knows Where It’s Going

    ​In the personal care industry, product innovation, international presence and consumer loyalty are key factors for any company willing to sustain its market position. The Colgate-Palmolive Company (NYSE:CL) is a firm that has united all of these aspects for the past 200 years and has grown to be one the world’s largest consumer product companies. Its product portfolio comprises a combination of toothpastes, detergents, shampoos, shower gels, deodorants and shaving products, which are sold in 225 countries. In addition to these traditional products, the firm also owns specialty pet food maker Hill’s, which sells its products via veterinarians and pet retailers. So, let’s see why investment gurus Joel Greenblatt (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio) are so keen on owing shares in this company.


    A Necessary Quality Product

      


  • Another Great Tobacco Buy

    A few days ago I wrote an article recommending British American Tobacco (BTI) because of its outstanding dividend, its presence in emerging markets such as Brazil and its determination to boost its below industry average margins. Now, I will take a look at a company which (1) Its more concentrated in the ailing European Market but (2) Is the most obvious M&A candidate within the big tobacco companies. Let's take a look at Imperial Tobacco (ITYBY) and try to make a compelling investment case for this big tobacco company.


    On Valuation, performance and cash dividends

      


  • A Tobacco Giant Worth Your While

    The tobacco industry is one of the most profitable markets for investors, given its large margins and shareholder returns. However, these past few years governments all over the world have been tightening up on regulatory laws and raising taxes, therefore reducing consumer volume of cigarettes. But the largest tobacco company worldwide, supported by investment gurus Joel Greenblatt (Trades, Portfolio) and Mario Gabelli (Trades, Portfolio), has successfully sustained its product demand and steadily increased revenue. So, let’s take a look at its business model and what the future holds in store.


    A Powerful Brand Portfolio and Emerging Market Presence

      


  • Joel Greenblatt on CNBC

    Joel Greenblatt on CNBC: "Expecting big returns".


      


  • Weekly CEO Buys Highlight: RSE, RHP, RTRX, 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:


      


  • Five-Year Lows: Murphy USA Inc., Chambers Street Properties, Natural Resources Partners LP and New Residential Investment Corp

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Murphy USA Inc, Chambers Street Properties, Natural Resources Partners LP, and New Residential Investment Corp


    Murphy USA Inc. (NYSE:MUSA) Reached the Five-Year Low of $41.36

      


  • Weekly Three-Year Low Highlights: AGI, ARO, WTSL, MRGE

    According to GuruFocus list of three-year lows; Alamos Gold Inc, Aeropostale Inc, Wet Seal Inc, and Merge Healthcare Inc have all reached their three-year lows.


    Alamos Gold Inc. (NYSE:AGI) Reached the Three-year Low of $10.15

      


  • Willy and His Chocolate Factory: A Parable on Guru Valuation

    Adapted from The Old Man and the Tree: A Parable On Valuation Solomon, Schwartz & Bauman, Corporations - Cases and Materials at 143 (3d ed. 1996) and here


    Once there was a wise guy named Willy who owned a chocolate factory. This chocolate factory was very fine indeed and Willy thought it was beyond imagination. It served the region and customers enjoyed the chocolate he produced. Last year the chocolate factory produced 16 million pounds of chocolate for $28 million. The factory recently had a special marketing tactic that went awry. Although Willy was a chocolatier at heart, he wanted to retire. He decided to see how much he could sell his chocolate factory for, so he went put an ad in the classifieds of the newspaper entitled: “For sale, chocolate factory - best offer.”

      


  • Joel Greenblatt - The Little Book That Still Beats the Market



  • It's Time to Follow Chris Davis and Buy Laboratory Corp

    On Dec.31, Chris Davis (Trades, Portfolio), the portfolio manager of Davis Financial Fund, reported to adding Laboratory Corp. of America Holdings (NYSE:LH). So let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment opportunity.


    Strategic Acquisitions

      


  • An Efficient and Aggressive Company in the Tobacco Industry

    On Sept. 30, David Winter added Lorillard Inc. (LO). I think he is making a bet that sales will increase based on higher volumes and higher pricing in a tobacco industry which is extremely competitive. So let's take a look at this company and try to explain to investors the reasons this is an apparently appealing investment opportunity.


      


  • AMC Networks: A Profitable Future?

    The pay TV industry is one of the toughest businesses, with some of the highest entry barriers worldwide. AMC Networks Inc. (NASDAQ:AMCX) is one of the few cable networks that managed to upgrade its status and reputation, and turn into one of the most popular television content producers and distributors in the United States.


    Laying the Canvas

      


  • Time Warner: Television at Its Best

    Time Warner Inc. (NYSE:TWX) is one of the largest video content creators and distributors in the world. Apart from owning popular television networks like HBO, TNT, CNN and the CW, this media giant is also established in the film industry. With Warner Bros. and New Line Cinema combining into the largest global filmmaker, this firm is several steps ahead of its competition in more than one way.


    Television at Its Best

      


  • Dover Spin-Off Analysis

    As I analyzed the investment decisions that I have made last year, I’ve come to realize that the one that made me most money and the one that would have made me a lot of money had I not been sucking my thumbs while I should be acting are both spin-off situations. Come to think of it, there were actually a good amount of spin-offs last year, but I only took the time and effort to analyze a few. As Joel Greenblatt noted, “The spin-off process itself is a fundamentally inefficient method of distributing stock to the wrong people.” If the extra profits are inherently built into the system, why not spend more time fishing in this area? Therefore, I plan to dig a little bit more into spin-offs during 2014.


    In this article, I will analyze a spin-off opportunity that I am currently watching closely. The final details have not come out yet but by preparing ourselves to the greatest extent, we will be ready to act when the opportunity comes.

      


  • Park-Ohio Continues to Rise Although Mario Gabelli Reduces Position

    According to GuruFocus Real Time Picks, Mario Gabelli made on Dec. 20 a reduction to Park-Ohio Holdings Corp. (NASDAQ:PKOH). So, one question arises: What does Gabelli see to reduce that position?


    The company is an industrial supply chain logistics and manufacturing business operating in three segments: Supply Technologies, Assembly Components and Engineered Products.

      


  • Sector Watch: Application Software, Billionaires Hold Stocks on the Fringe

    The application software industry currently lists a total of 257 stocks, with only seven stocks on a 52-week low. The sector low ratio is 0.03.


    Here’s a look at three application software companies currently on a 52-week low and still held by a few billionaires. The9 Ltd. (NASDAQ:NCTY), Merge Healthcare Inc. (NASDAQ:MRGE) and FAB Universal Corp. (FU) are more than 52% off a 52-week high.

      


  • Steven Cohen, Joel Greenblatt and Other Gurus Are Betting on this Fast-Casual Dining Company

    Analysts all over are saying that the fast-casual dining segment is the one to bet on within the restaurant industry: A value proposition and strong unit economics should help it outperform the broader industry. In this sector, Chipotle Mexican Grill (NYSE:CMG) and Panera Bread (NASDAQ:PNRA) are two of the companies expected to outperform their peers and deliver above-average EPS growth rates over the next few years to come. In this context, I would like to take a closer look at the latter in order to elucidate if it stands as a good investment opportunity, beyond its growth projections.


    The Business

      


  • Joel Greenblatt and Paul Tudor Jones´ Bet on Mid-Cap Tech

    The stock of Verint Systems (NASDAQ:VRNT), a mid-cap provider of Actionable Intelligence solutions and value-added services for enterprise workforce optimization and security intelligence, is up more than 35% year-to-date. Nonetheless, analysts do not expect it to outperform its peers in terms of EPS growth over the next few years to come. So, why are investors liking this stock so much? Why are Joel Greenblatt and Paul Tudor Jones among those gurus bullish on the company? Should analysts reassess their projections?

    Big Data – Big Opportunities  


  • Under New CEO, GM Stock Looks Great Heading Into 2014

    General Motors (NYSE:GM) made a splash by announcing that Mary Barra would become its next CEO. Barra would be the first woman to ever lead a U.S. automaker, and while the excitement wasn’t reflected in a slightly retreating GM stock price, this is a noteworthy breakthrough for an industry with a macho, rough-around-the-edges image.

    I expect GM stock to put up impressive returns in 2014, but it actually has little to do with Mary Barra.  


  • Hedge Funds Are Bullish on Broadcom; Should You Be Too?

    Yesterday, Dec. 10, Broadcom (NASDAQ:BRCM) hosted the Broadcom Analyst Day in New York, and presented increased earnings projections for the fourth quarter. The management now expects revenues to reach between $2.0 billion and $2.05 billion, up from its former estimates of between $1.91 billion and $2.03 billion. Expectations regarding gross margins and operating expenses were also raised, although not as much. In this context, I would like to take a look at the company´s prospects and stock valuation in order to elucidate if it stands as an attractive long-term investment opportunity. Evidently, investment gurus like George Soros, Bill Miller and Joel Greenblatt seem to believe this — they all bought substantial amounts of Broadcom´s stock lately and rank among the top 20 hedge fund bulls on the company.

    With more than 50 major hedge funds holding long positions in the company, Broadcom places itself between the 20 favorite tech stocks among institutional investors. In fact, this semiconductor giant experienced a marked decline in hedge fund bullishness over the past quarter.  


  • Coach Inc. (COH) - Why You Might Want to Take a Second Look - What’s in the Bag?

    Founded in 1941 and based in New York, Coach Inc. (NYSE:COH) is a luxury designer and marketer of fine accessories and gifts for women and men. The company owns and operates full-priced retail and outlet store locations in the U.S. and internationally. It utilizes distributors to help expand their brand presence around the globe and runs e-commerce websites in over 24 countries. However, and in spite of all these efforts, Coach’s shares have lagged the broader market over the past year. Coach disappointed on the sales front that fell 1.1 percent, after increasing 6 percent during fourth quarter fiscal 2013, as a consequence to its idleness in the North American market. Furthermore, the company’s shares remained flat in relation to the prior-year quarter, at 77 cents each. In addition, several analysts have qualified the stock as a “sell” case. Some people say it’s time to do that, but is it really? Let’s take a closer look before rushing a decision.

    Why So Flat?  


  • Weekly 3-Year Low Highlight: TDC, Q, GRAM, XCO

    According to GuruFocus list of three-year lows; Teradata Corporation, Quintiles Transnational Holdings Inc., Grana y Montero SAA and EXCO Resources Inc. have all reached their three-year lows.

    Teradata Corporation (NYSE:TDC) Reached the Three-Year Low of $41.88  


  • Catching Up on International Markets – Dr Pepper

    The non-alcoholic beverage industry is highly competitive. The two largest players are The Coca-Cola Company (NYSE:KO) and PepsiCo, Inc. (NYSE:PEP). In an industry which is characterized by mergers and acquisitions seeking for expansion in international markets, let's take a look at one company and see which strategy they are implementing.

    Dr Pepper Snapple Group Inc. (NYSE:DPS) is the number three in the soda ranking with $6b in annual sales and is a leading producer of flavored beverages in North America and the Caribbean. The company has organized its operations into three principal segments: beverage concentrates (20.4% of 2012 sales, with an operating profit margin of 63.4%), packaged beverages (72.7% of sales, with a 12.4% operating margin), and Latin America beverages (6.9%, with a 12.3% operating margin).The company also competes against a number of smaller bottlers and distributors.  


  • Wassup with SUP? Seven Billionaires Trade

    Seven gurus traded SUP in the third quarter of 2013, and according to GuruFocus Real Time Picks, Mario Gabelli just made a reduction to his stake in Superior Industries International (NYSE:SUP), the largest manufacturer of aluminum wheels for cars and trucks in North America. The company has five plants in the U.S. and Mexico, and sells wheels to the original equipment market via auto makers Ford Motor Co. (NYSE:F), General Motors Co. (NYSE:GM) and a number of others.

    In the third quarter, the dropping price of aluminum made a direct impact on SUP’s bottom line. Superior Industries International reported financial results for the third quarter of 2013 with a net income of $5.2 million, compared to $15.1 in the third quarter of 2012. Earnings for the third quarter of 2013 were $0.19 per diluted share, down from $0.55 in the same quarter a year ago. The company reported consolidated net sales down 1% at $191.6 million in the third quarter of 2013, compared to $193.9 million in the same quarter of 2012, indicating the drop in aluminum’s value, hitting a four-year low. Superior’s gross profit was $15.4 million, up from last year’s same quarter at $15 million. In May 2013, the company broke ground on its new wheel plant in Chihuahua, Mexico, and anticipates the facility will be operation in early 2015, according to a company press release.  


  • Weekly 3-Year Low Highlight: EQR, AUY, FI, BBRY, DHX

    According to GuruFocus list of 3-year lows; Equity Residential, Yamana Gold Inc, Frank’s International NV, and BlackBerry Ltd have all reached their three year lows.

    Equity Residential (NYSE:EQR) Reached the 3-year Low of $50.83  


  • New Magic Formula Stocks From Joel Greenblatt: URS, Nabors Industries, Pilgrims Pride, NeuStar, Tyson Foods

    Renowned value investor, the inventor of magic formula investing, Joel Greenblatt just reported his third quarter portfolio. His magic machine is in full swing as he bought a lot of new stocks, and added to the existing ones. Since incepted in May 2009, his US Value Direct Composite portfolio has outperformed the S&P 500 by 24%.

    As of 09/30/2013, Gotham Capital owns 881 stocks with a total value of $3.1 billion. These are the details of the buys and sells that have the impact to portfolio of more than 0.2%.  


  • Weekly 3-Year Low Highlight: VIV, CNHI, WTW, OPHT

    According to GuruFocus list of 3-year lows: Telefonica Brasil S.A., CNH Industrial NV, BanColombia SA, Weight Watchers International, Ophthotech, and Bluebird Bio have all reached their 3-year lows.

    Telefonica Brasil S.A. (NYSE:VIV) Reached the 3-year Low of $19.65  


  • 5-Year Lows: Exelon Corp, Grupo Financiero Santander Mexico SAB de CV, Zoetis Inc, Encana Corp

    According to GuruFocus list of 5-year lows, these Guru stocks have reached their 5-year lows: Exelon Corp, Grupo Financiero Santander Mexico SAB de CV, Zoetis Inc, Encana Corp

    Exelon Corp (NYSE:EXC) Reached the 5-year Low of $28.34  


  • When Earning Profit Becomes a Challenge, Brand Value Means a Lot to Food Companies

    The U.S. food markets sector is mature and competitive. The processed food industry is facing low growth rates and high energy costs (electricity and fuel), but there are opportunities still left for companies that make acquisitions, cost reduction programs or differentiation strategies. We expect volumes in the next year to look better than they have in the past year due to the modest signals of recovery in the U.S. economy.

    Two Reasons to Be Long  


  • Cheesecake and Baked Goods Fight over Market Leadership

    The $31 billion fast-casual restaurant industry is a viable option for most middle-class citizens with a knack for cuisine. Between Mexican grills, quick service diners and bakery-cafes, the variety is endless. However, the Cheesecake Factory (CAKE) and Panera Bread Company (PNRA) demonstrate that market expansion and management are key elements to success in the industry.

    [b]Cheesecake Doesn’t Make the World Go Round  


  • Are You Ready to Come Back to Wall Street? There Is an ETF Boom

    In a previous article we saw that the U.S. Capital Market sector is mature, competitive and subject to intense competition. This sector consists of 10,000 companies with annual revenue of $15 billion and assets under management (AUM) in excess of $13 trillion. While barriers to entry are low, it is difficult for competitors to build the scale and intangible assets necessary to compete in this business. So let's take a look at two companies in this sector and see which one is doing better and thus stands as the best investment.

    Building Brand and Reputation  


  • The Smokeless Tobacco Segment: An “ECig” Growth Opportunity

    In a previous article we saw that the tobacco industry is extremely competitive and consumers´ loyalty is a very important characteristic. Strict anti-smoking regulation, taxation and litigation set high barriers to entry. So now let's take a look at two other companies in this sector and see which one is doing better and thus stands as the best investment.

    On July 30, 2004, R.J. Reynolds Tobacco Co. merged with Brown & Williamson, the U.S. operations of British American Tobacco, to form a new publicly traded company, Reynolds American, Inc. (NYSE:RAI). The firm is the second largest U.S. cigarette manufacturer and owns fifty percent of the top brands. The company's leading products are its Camel, Kool, Pall Mall, Doral and Winston brand cigarettes.  


  • Why You Shouldn’t Overlook These Fast Food Giants

    The quick service restaurant industry has been growing consistently, since the day McDonald’s Corporation (NYSE:MCD) appeared in 1940. Over 70 years have passed, and the number of chain restaurants has increased vastly. Despite intense market competition, other players have risen to the challenge and succeeded, like Dunkin Brands Group Inc. (NASDAQ:DNKN). So let’s take a look at where these two companies currently stand.

    [b]Hamburgers and Coke Are a Safe Bet  


  • How to Seek a Winner in the Toy Industry

    The toy industry is known for high returns on invested capital, increasing dividend payouts, and constant share buybacks. However, there are also low barriers to entry that make for fierce competition while companies push for a greater market share. Hasbro (NASDAQ:HAS) and Mattel (NASDAQ:MAT) are the two largest players in the $22 billion U.S. toy industry, and are constantly reinventing themselves to maintain a leading position. As customer preferences change, largely due to the predominant role technology has acquired, these two firms have adapted differently to the changing scenario.

    [b]An Industry Giant Struggling to Adapt to a New Audience  


  • Who Is the Winner in an Apparel Battle? Could It Be You?

    Apparel brands are increasing their investments in company-owned retail, new product lines, e-commerce and international expansion. The S&P Apparel, Accessories & Luxury Goods Index advanced 23.4% year to date. So let's take a look at two companies in the apparel sector and see which one is doing better and thus stands as the best investment.

    Abercrombie & Fitch Co. (NYSE:ANF) specializes in lifestyle branding and operates over 1,000 retail apparel stores across four brands. This apparel retailer focuses on improving sales via new brands, store expansion, comparable store sales increases and e-commerce. A company key driver is the ability to develop and grow casual luxury youth apparel/lifestyle brands in a difficult retail environment where the firm has little protection to its position. However, unemployment rates for teenagers are a factor to consider when assessing the business.  


  • Weekly CEO Buys Highlight: SCTY, HLX, COH, EVEP, OPK

    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:

      


  • Two Manufacturing Giants Set for Long-Term Growth

    Consumer goods manufacturing giants such as Unilever PLC (NYSE:UL) and Procter & Gamble Co (NYSE:PG) benefit from the global diversification of their operations. While Europe is still suffering from macroeconomic problems, emerging markets have shown strong growth rates, allowing the companies to offset weak performance at other regions. However, as developing markets grow at an accelerated pace, the elevated demand for raw materials has led to short-term constraints. Less exposure to the European market and cost-cutting initiatives in emerging markets leaves Procter & Gamble in a better position than Unilever PLC looking forward.

    Uncertainties Tarnish Growth Prospects  


  • Why Diversification Is the MVP of Television Broadcasting

    The television broadcasting industry has suffered from the changes caused by technological innovation. Free internet platforms have become as popular as pay TV when it comes to video content consumption. However, while CBS Corporation (NYSE:CBS) has its business web well spun, News Corporation (NASDAQ:NWSA) seems to be swimming in a sea of uncertainty.

    [b]High Rate Programming and Advertising Gold Mine  


  • Why This Traditional Grocer is Worth Acquiring

    Traditional grocers such as Kroger Co (NYSE:KR) and Delhaize Group SA (NYSE:DEG) are having an increasingly hard time dealing with competition from nontraditional grocers. Both of these firms have tried to adapt to the pressure stemming from rival discounters, with varying degrees of success. Whereas Kroger has been able to utilize its scale to leverage fixed costs, Delhaize has struggled to maintain margins, and is being forced to lower prices.

    Fending off competitors

    Investment gurus John Hussman of Hussman Economtrics Advisors and Joel Greenblatt of Gotham Capital own considerable positions in Kroger, one of the largest retailers in the U.S. The firm currently operates over 2,400 supermarkets, 750 convenience stores, and 325 jewellery stores across 31 states. Shareholders have reason to be optimistic, as the company recently acquired Harris Teeter Supermarkets Inc (HTSI). The $2.44 billion deal means Kroger will be looking at an 8% increase in its store base and a 4% boost in revenue.  


  • Joint Venture: Value Proposition? A Look at the Aluminum Industry

    A main factor affecting demand for aluminum products is economic growth and, in particular, demand for durable goods. The three largest end markets for aluminum in North America are transportation, containers/packaging, and construction. If the price of aluminum in 2013 falls below 2012's levels, this will cause earnings to be lower. So let's take a look at two companies in this sector and see which one is doing better and thus stands as the best investment.  


  • Time to Relax: A Smoke?

    The tobacco industry is extremely competitive, but consumers´ loyalty is a very important characteristic. Although in times of recession some consumers switch to cheaper brands, markets in which population grows are still considered key drivers for growth. Strict anti-smoking regulation, taxation and litigation represent high barriers to entry, which are attractive for well-known brands. So let's take a look at two companies in the tobacco sector and see which one is doing better and thus stands as the best investment.

    Philip Morris International Inc. (NYSE:PM) manufactures and markets cigarettes outside the U.S. in 180 countries. The company´s plan is to introduce new packaging, new blends and other line extensions. A key driver of the company is the strong market share and the economies of scale. Also, the company has combated unfavorable tax regulations with price increases, showing a good price-elasticity.  


  • Weekly 3-Year Low Highlight: NEM, AA, NPK, CKSW

    According to GuruFocus list of 3-year lows, these Guru stocks have reached their three-year lows: Newmont Mining Corporation, Alcoa Inc., National Presto Industries and ClickSoftware Technologies Inc.

    Newmont Mining Corporation (NYSE:NEM) Reached the Three-Year Low of $27.17  


  • Housing Market's Unclear Improvement Really Affects Wood Makers

    Mixed housing data, among rising interest rates are already hurting shares of companies related to the housing market. What’s more, higher vitality and uncertainty related to the geopolitical risk in Syria affect the global financial markets. Let’s analyze three stocks of companies directly related to the housing market through wood building products they make.

    Highly Dependent on General Market Conditions And Particular Customers  


  • The Well-known Yellow Machines

    The Construction & Farm Machinery & Heavy Trucks face the uncertainty of farming yields and crop prices. I see this sector with a strong demand in the next years due to an increase of construction projects in emerging markets, as well as government stimulus to develop urbanization in countries like China. So let's take a look at two companies in this industry and see which one is doing better and become the better invest.

    Caterpillar Inc. (NYSE:CAT) is the world’s largest supplier of heavy machinery. Despite that it holds a dominant share in the U.S., the company is also a leading exporter (more than half of its 2012 sales). The company paid $8.8 billion in 2011 for acquiring Bucyrus, the mining equipment manufacturer, searching for synergies (over $500 million annually by 2015), the capture of aftermarket parts and services business, and cost savings in the areas of purchasing and engineering. A substantial portion of its operating profits are from the mining end market. In this sector the company benefits from an oligopoly-style market structure (high barriers to entry and pricing power).  


  • Changing News Could Be Profitable

    The publishing industry is shifting the business model towards a circulation-based revenue structure while reducing dependence on advertising. Companies have implemented strategies like diversification and asset divestitures for growing. The S&P Publishing & Printing index increased 43.31% year to date. So let's take a look at two companies in the industry and see which one is doing better and become the better investment.

    The diversified media and education company, The Washington Post Company (WPO), operates in various segments. Considering revenues reported in 2012, the three main products segments were Education (55% of 2012 revenues), Cable Television (20%), Newspaper Publishing (14%), Television Broadcasting (10%) and other businesses (1%). Each division operates independently and has unique business drivers, so we are going to analyze them separately.  


  • Is It Time to Change the Chip? A Look at Two Semiconductor Companies

    The tech industry is the second largest exporting industry in the U.S. But in the recent time, low-cost substitutes have shifted production to others countries like China or Taiwan. The industry is capital-intensive and requires investments to advance in technology and reduce manufacturing costs, changing its exposure from volatile markets to others more stable. The S&P Semiconductors sub-industry index increased 14.7% year to date. So let's take a look at two companies in the semiconductor and see which one is doing better and becoming the better invest in this highly cyclical semiconductor industry.

    Texas Instruments (NASDAQ:TXN) designs and manufactures semiconductors and is one of the largest suppliers of analog and Digital Signal Processing (DPS) integrated circuits. Considering the sales reported in 2012, the three main products segments were analog (55% of revenue), embedded processing (15%) and wireless (11%).  


  • Thinking Differently: The Most Important Contrarian Behavior

    “I skate to where the puck is going to be, not where it has been.” - Wayne Gretzky

    One of the most important skills that you can develop as an investor is the ability to think differently. This is a broad topic with many interpretations. I often talk about thinking differently here at BHI. When it comes to general philosophy or “investment theory” (as opposed to thinking about individual stock investments), I spend more time thinking about this topic than any other. In short, I’m referring to the ability to think in a contrarian manner.  


  • Bargains for Weekend Thrifters

    Heading into the weekend, thrifters can use the GuruFocus Guru Bargains feature to find treasures in every sector. Here’s a close-up look at are four diverse companies in medical care, real estate, tobacco, and restaurants that have dropped significantly since billionaires bought in the second quarter of 2013.
    Aviv REIT Inc. (AVIV) - Yield 3.20%   


  • Investors as Pirates - Bargains as Booty

    The English word "pirate" is traced back to Greek origins, meaning "I attempt," surely the same watchwords of bold investors taking a dare. Pirate was also originally related to peril, the milieu of the market. Today’s piracy theme may relate to these four companies selling at a bargain price, and are further prequalified by billionaire stakeholders. Check out this possible "booty," a word that originates in Europe around 500 years ago, with meanings of treasure, exchange and looting. Take a look to decide if you want to attempt to share in the spoils of these companies that have dropped in price since recent buys by billionaires.

    Of special interest, Hertz Global is up 31% year-to-date, and seven billionaire investors made new buys in the second quarter of 2013.  


  • The Friday Four - Discounted Stocks Held by Numerous Billionaires

    The GuruFocus Guru Bargains feature reveals numerous stocks that are 20% or more off since a number of billionaires bought them. Consider the immense value of knowing which discounted stocks are held by guru investors. Billionaire stakeholders may indicate a probability that these stocks are bargain finds.

    Here are “The Friday Four” highlighting discounted companies with insider action and billionaire stakeholders as of the second quarter in 2013.  


  • The Best Way to Improve Investment Skills: 'One Case Study After Another'

    I do a lot of case studies. I recommend that any burgeoning value investor do as many case studies as they can, sprinkled in among reading annual reports and other filings. I'll explain what I mean by this in a moment... first I thought the best investor/teacher of all time could explain the importance of this exercise better than me:
    "To invest successfully, you need not understand beta, efficient markets, modern portfolio theory, option pricing or emerging markets. You may, in fact, be better off knowing nothing of these. That, of course, is not the prevailing view at most business schools, whose finance curriculum tends to be dominated by such subjects. In our view, though, investment students need only two well-taught courses - How to Value a Business, and How to Think About Market Prices."
    Warren Buffett, 1996 Letter to Shareholders

    Buffett has mentioned these "two courses" numerous times since this letter. He later mentioned that in the How to Value a Business course, he would simply "do one case study after another."  


  • Guru Stocks at 52-Week Lows: SO, CTL, RIG, FE, DO

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

    Southern Co (NYSE:SO) Reached the 52-Week Low of $41.78

    The prices of Southern Co (NYSE:SO) shares have declined to close to the 52-week low of $41.78, which is 16.6% off the 52-week high of $48.74. Southern Co is owned by 3 Gurus we are tracking. Southern Co has a market cap of $36.51 billion; its shares were traded at around $41.78 with a P/E ratio of 21.10 and P/S ratio of 2.17. The dividend yield of Southern Co stocks is 4.78%. Southern Co had an annual average earnings growth of 3.5% over the past 10 years.  


  • Beat Cyclicality with These Restaurant Stocks

    Although many investors choose to stay away from industries as cyclical as that of restaurants, a few companies offer brand names strong enough to make them safe bets. This seems to be the case with Yum! Brands (NYSE:YUM) and Dunkin’ Brands Group (NASDAQ:DNKN), two worldwide restaurant chain holding companies that hold compelling growth prospects for the years to come.

    (Not Just) a China Growth Story  


  • Instrumenting Profits: Cannibalization and Legislation

    I like gadgets because they help us to have a more comfortable daily life. Gadgets are available to all industries and aspects of life. Here, I will look in to the navigation sector through Garmin (NASDAQ:GRMN) and Trimble Navigation (NASDAQ:TRMB).

    Leading Cannibalization  


  • Consumer-Related Stock Picks

    Consumer-related businesses are plain simple, and that is what I like about them. Usually, when consumer businesses are able to build a brand, good distribution networks and a fair share of their respective market, they convert themselves into cash-machines for shareholders.

    Here are two companies that operate very different types of consumer-related businesses. One of them is a conglomerate of brands that is managed by a team of experienced experts who are focused on delivering top- and bottom-line growth across a diverse array of categories. The other company is a food chain which is also managed by an efficient management team. According to my estimates, they both trade at an undeserved discount.  


  • Three Gurus Hold Expanding Texas Roadhouse, 28 Restaurants in 2013

    Texas Roadhouse Inc. (NASDAQ:TXRH) is on track with its 2013 plan for opening 28 more company restaurants. The Kentucky-based company expects total capital expenditures of around $105 million.

    Year-to-date, all is well at Texas Roadhouse, a casual restaurant loved by many and held by billionaires and insiders as of June 30, 2013. The company’s total revenue is up 10% year to date, income from operations is up 12 %, net income is up 18%, and diluted EPS is up 18%. Comparing the second quarter of 2013 to the same quarter in 2012, the numbers shift slightly: total revenue is up 10%, income from operations is down 5%, net income is down 2%, and diluted EPS is down 1%.  


  • Kings of Iron Mountain - Eleven Gurus Hold IRM, Five New Buys

    With five Guru billionaires making new buys in Iron Mountain Inc. (NYSE:IRM) in the second quarter of 2013, and two more increasing their positions, it’s time for deeper look into the global data and information management company gaining a reputation as a technology innovator.

    According to an Iron Mountain survey conducted by Spiceworks, a network of over 2.5 million IT professionals, 94% of small or mid-sized businesses are using or planning to use magnetic tape cartridges in their data back up plans. For Iron Mountain, this is valuable information coming from 91% of the survey respondents from organizations with fewer than 250 employees. The survey asked more than 400 North American IT professionals to assess the role of magnetic tape backup for their companies. With ever-increasing data management challenges, respondents concluded that tape is a foundational backup tool, due to cost effectiveness, longevity and ease of use. By asking the right questions of the right hands-on professionals, Iron Mountain has validated and documented the need for part of its own hybrid solution offering. The survey results were released earlier this month in a company press release.  


  • More Billionaire Bargains, 29% Off

    Today the GuruFocus Guru Bargains feature reveals four more stocks that are 29% or more off since a number of billionaires bought them. Consider the possible advantage of following in the footsteps of billionaire gurus who’ve already invested in these stocks. Billionaire buys can indicate a probability that these stocks may be bargain finds.

    Alon USA Energy Inc. (NYSE:ALJ) - Yield 1.80%  


  • Doctor Pepper Snapple Goes Ex-Dividend Tomorrow

    Doctor Pepper Snapple Group Inc. (DPS) is a mature business, and a remarkably shareholder friendly one at that. The dividend yield is currently a hefty 3.41%, and the company has bought back 6% of its shares through the past three years. An investor can sensibly look for income and capital appreciation with long-term horizons. The stock goes ex-dividend in the near future, on Sept. 12, and scrutiny is appropriate.

    There are considerations. The Coca-Cola Company (KO), an outsized peer, has been underperforming, though it maintains one of the highest industry multiples. Its results may not bode well for DPS. It also is not clear how much of an effect Soda Stream International (SODA), which offers homemade carbonated beverages, might have on the future revenues soft drink companies.  


  • Weekly CEO Buys Highlight: AXS, BH, ZFC, CVGI, TUES

    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:

      


  • Some Thoughts on Joel Greenblatt's Magic Formula and Its YTD Results

    "Value investing is simply figuring out what something is worth and paying a lot less for it" - Joel Greenblatt

    I often describe my investment philosophy as a synthesis of ideas from Ben Graham, Walter Schloss, Warren Buffett and Joel Greenblatt. At the core of my strategy is Graham and Schloss' quantitative methods for valuing stocks. It's far more difficult to make mistakes when you simply make obvious, simple decisions based on valuation. In each investment, I want to ensure I'm not taking on valuation risk. Many investors (including most value investors) overly complicate things and this can often lead to counterproductive results. That's why many smart guys get mediocre results. They try too hard.  


  • Guru Stocks at 52-Week Lows: RDS.A, IBM, T, PM, CAT

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

    Royal Dutch Shell PLC (NYSE:RDS.A) Reached the 52-Week Low of $64.59
      


  • Weekly CEO Buys Highlight: IDTI, VAC, UAL, KRO, HSII

    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:

      


  • Low Mineral Prices Hide a Winning Option

    After hitting a historical high in 2011, prices for mining products entered a downtrend that continues throughout 2013, further pressuring margins and reducing demand for new equipment. Hence, prospects for Caterpillar (NYSE:CAT), Komatsu (OTC: KMTUY) and Joy Global (NYSE:JOY) have suffered. But, have managements taken the cue? And, how have hedge funds reacted?

    The Bigger They Are, the Harder They Fall  


  • 27 Must-Read Books for Investors

    “A truly good book teaches me more than to just read it. I must soon lay it down, and commence living on its hint. What I began by reading, I must finish by acting.” – Henry David Thoreau

    “There are worse crimes than burning books. One of them is not reading them.” – Ray Bradbury

  


  • Weekly CEO Buys Highlight: XON, ARCP, FSFR, CNTY, RHP


    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:  


  • Magic Joel Greenblatt on a Spree in Second Quarter, Reduction Highlights

    Inventor of Magic Formula Investing, Joel Greenblatt of Gotham Capital made hundreds of trades in the second quarter of 2013. His portfolio currently lists 840 stocks, and 165 of them are new. The Gotham Capital portfolio lists a total value of $2.34 billion with a quarter-over-quarter turnover of 32%. Here’s a close-up look at six major reductions out of hundreds made by Joel Greenblatt in the second quarter:

    Sun Hydraulics Corp. (NASDAQ:SNHY): Reduced  


  • Joel Greenblatt's Top Q2 Portfolio Increases

    Joel Greenblatt of Gothic Capital is often recognized for his invention of Magic Formula Investing, as the founder of New York Securities Auction Corporation and as the founder and managing partner of Gotham Capital. The following five companies are the five stocks that Greenblatt made the largest increase in holdings to during the first quarter.

    According to his quarterly filings, Greenblatt now holds 840 stocks valued at over $2.34 billion.  


  • Weekly CEO Buys Highlight: RCL, PSXP, ALXA, PAY, HAFC

    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:

    [b]  


  • How to Practice Valuation

    My favorite investment book is Joel Greenblatt’s “You Can Be a Stock Market Genius.” If you’re only going to read one book on investing – that’s the one to read. Others I’d recommend are: The Intelligent Investor, One Up on Wall Street, Beating the Street, and There’s Always Something to Do.

    Why? What do these books have in common?  


  • Weekly 3-Year Low Highlights: BRCM, SQM, STRA, NOR

    According to GuruFocus list of three-year lows; Broadcom Corporation, Sociedad Quimica Y Minera De Chile SA, Strayer Education Inc. and Noranda Aluminum Holding Corp have all reached their three-year lows.

    Broadcom Corporation (NASDAQ:BRCM) Reached the Three-Year Low of $27.30  


  • How to Read (Good Writing)

    Just like my last article wasn’t really about how to read bad writing, today’s isn’t really about how to read good writing. It’s about how to read writing you want to read. It’s about enjoyable investment reading. The reading of classics. Not the reading of 10-Ks. I’ll mostly stick to discussing these six guys:

    1. Warren Buffett  


  • President and CEO of Nike Inc. Mark G. Parker Sold 120,000 Shares

    Nike Inc. was incorporated in 1968 under the laws of the state of Oregon. The company's main business activity is the design, development and worldwide marketing of high quality footwear, apparel, equipment and accessory products. Nike Inc. has a market cap of $56.2 billion; its shares were traded at around $62.79 with a P/E ratio of 24.50 and P/S ratio of 2.30. The dividend yield of Nike Inc. stocks is 1.30%. Nike, Inc. had an annual average earnings growth of 8.1% over the past 10 years. GuruFocus rated Nike Inc. the business predictability rank of 4.5-star.

    President and CEO of Nike Inc. (NYSE:NKE) Mark G. Parker sold 120,000 shares on July 22, 2013 at an average price of $63.5. The total transaction amount was $7,620,000.  


  • When ROC Rocks - Magic Formula Stocks - 17,676.90% ROC

    Do you believe in magic?

    The GuruFocus Magic Formula Stocks screening tool is based on the wisdom and real magic of Gotham Capital’s founder and Guru Joel Greenblatt, known for his brainchild, Magic Formula Investing.  


  • President and CEO of Actuant Corp Bob C. Arzbaecher Sold 98,390 Shares

    Actuant Corporation was incorporated in 1910 as a Wisconsin corporation. The company is divided into four divisions: Industrial, Energy, Electrical and Engineered Solutions. Energy sales and services are provided to customers in emerging markets, as well as in the North Sea, Middle East, South America, China, Asia, Gulf of Mexico and Canada. Actuant Corp has a market cap of $2.55 billion; its shares were traded at around $34.94 with a P/E ratio of 26.00 and P/S ratio of 1.70. The dividend yield of Actuant Corp stocks is 0.10%. Actuant Corp had an annual average earnings growth of 3.5% over the past 10 years.

    President and CEO of Actuant Corp (NYSE:ATU) Bob C. Arzbaecher sold 98,390 shares on July 15, 2013 at an average price of $35.3. The total transaction amount was $3,473,167.  


  • Weekly CEO Buys Highlight: KMI, PSEC, ACRE, GOGO, MDU

    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:

      


  • Chairman and CEO of Rockwell Collins Inc. Clayton M. Jones Sold 30,143 Shares

    Rockwell Collins Inc. was formed in 1933 and incorporated in Delaware. Rockwell Collins Inc. has a market cap of $8.64 billion; its shares were traded at around $63.79 with a P/E ratio of 14.80 and P/S ratio of 1.90. The dividend yield of Rockwell Collins Inc. stocks is 1.90%. Rockwell Collins Inc. had an annual average earnings growth of 16.2% over the past 10 years.

    On June 27, 2013, Chairman and CEO of Rockwell Collins Inc. (NYSE:COL) Clayton M. Jones sold 30,143 shares at an average price of $63. The total transaction amount was $1,899,009.  


  • Large Insider Sells Reported in Nexstar, PVH and Rockwell Collins

    Once again there have been some significant insider sells raking in millions of dollars for insiders. The following insider sells represent the largest sells (in terms of transaction amounts) that have been reported this week. The following three companies are all currently sitting at 5- and 10-year highs in terms of their stock prices.

    Nexstar Broadcasting Group (NXST)
      


  • Weekly CEO Buys Highlight: BXP, FSC, MDU, RENT, KAMN

    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:

      


  • Weekly CEO Buys Highlight: HHC, PKY, IRM, AINV, EXAM

    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:

    [b]  


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