Last Update: 12-31-1969

Number of Stocks:
Number of New Stocks:

Total Value: $0 Mil
Q/Q Turnover: %

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

past Portfolios

13F Filings

Portfolio DateNumber of StocksTotal Value (Mil)Number of New StocksQ/Q Turnover

13D/G Filings

Filing date :


  • Kimberly-Clark Rises on 4th-Quarter Earnings Beat

    Kimberly-Clark Corp. (NYSE:KMB), a major household products manufacturer, said company revenues increased 1% year-over-year during the final three months of 2017.

    The Dallas-based company reported $1.75 in diluted earnings per share during the quarter, outperforming analyst expectations by approximately 18 cents per share.


  • Johnson & Johnson Shares Fall Despite Earnings Beat

    Health care conglomerate Johnson & Johnson (NYSE:JNJ) reported better-than-expected fourth-quarter and full-year 2017 earnings Tuesday morning, boosted by new drugs and its acquisition of Actelion.

    The New Jersey-based company posted adjusted earnings per share of $1.74, beating Thomas Reuters’ estimates of $1.72. Quarterly revenue of $20.2 billion beat expectations of $20.1 billion and increased 11.5% from the prior-year quarter.


  • Here's a Look at The Different Exposure Types Available in the Cryptocurrency Space

    The cryptocurrency space has been a wild ride over the last 12 months. During the early part of 2017, bitcoin and its cryptocurrency counterparts, as well as the blockchain concept on which they rest, remained a relatively obscure technology -- bought, sold, used and integrated by only a select number of early adopters.

    Fast forward to the start of 2018, however, and the picture is entirely different.


  • Wall Street With Little Change Tuesday

    U.S. stock markets are set to open flat on Tuesday after the three main benchmark indexes closed at records levels yesterday.

    Shares of Netflix, Inc. (NASDAQ:NFLX) traded higher on the premarket Tuesday session on the heels of the company providing fourth-quarter profit and revenue beat. The company posted an earnings per share of 41 cents in-line with expectations and revenue growth of 32.7% year-over-year to $3.29 billion, which beat analyst estimates by $10 million. The company added 8.33 million new streaming subscribers in the trimester, bringing total memberships to 117.58 million.


  • Analysts Take Action on Health Care Stocks

    Analysts are taking action on health care stocks.

    Deutsche Bank has increased its rating on shares of Aetna Inc. (NYSE:AET) to buy from a previous rating of hold. The stock has a recommendation rating of 2.4 out of 5 and a price target of $200.24 per share. The price target is a mean of a $170 to $214 per share range and represents a 5.8% increase from the current New York Stock Exchange valuation of $189.34 per share.


  • Franco-Nevada Inks $178 Million Contract

    Franco-Nevada (NYSE:FNV) has inked an agreement to purchase a certain percentage of Korea Resources Corp for production at Cobre Panama once the project gets underway.

    Korea Resources Corp. holds a 10% indirect stake in Cobre Panama and the stream’s fixed price is $178 million.


  • 5 Companies Hit 52-Week Highs

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

    Harris Corp. (NYSE:HRS) reached the 52-Week High of $145.89


  • Netflix Rises on Sparkling 4th-Quarter Earnings

    Netflix Inc. (NASDAQ:NFLX), a major internet streaming network, said the company finished 2017 with record new membership additions during the last three months of the year.

    For the quarter, the Los Gatos, California-based company reported revenues of $3.286 billion and net earnings of 41 cents per share, meeting analyst expectations.


  • US Market Indexes Gain on Monday

    U.S. market indexes were higher on Monday. The Dow Jones Industrial Average closed at 26,214.60 for a gain of 142.88 points or 0.55%. The S&P 500 Index closed at 2,832.97 for a gain of 22.67 points or 0.81%. The Nasdaq Composite closed at 7,408.03 for a gain of 71.65 points or 0.98%. The VIX Volatility Index was lower at 11.01 for a loss of -0.26 points or -2.31%.

    Monday’s market movers


  • Gertein Fisher Commentary: Are Stocks Overdue for a Correction?

    Today’s stock market almost appears to be levitating. From January 1, 2017 to January 12, 2018, the S&P 500 Index surged 27%, and the ride was remarkably smooth. To put the recent market calm in some context, we looked back in history.

    We tallied market corrections of 10%, 20%, and 30% by calendar year from 1928 to 2017. We used a “rolling-window” methodology, which works like this: If the market falls 10% from its high point during a calendar year, then a 10% correction is registered and a new rolling window opens (the first rolling period of each year begins at the start of January). Thus, in a sharply declining market, multiple 10% corrections can occur in one calendar year. For example, using this rolling-window method, we counted three 20% corrections (Exhibit 1) during calamitous 2008 (recorded on September 17, October 7, and November 20, 2008).


  • 3 Stocks Move in Premarket Trading Monday

    In Monday premarket trading, FirstEnergy Corp. (NYSE:FE) gained more than 10% after the company announced a $2.5 billion investment, which includes $1.62 billion in mandatory convertible preferred equity and $850 million of common equity.

    The preferred equity has an initial conversion price of $27.42 per share and will receive dividends on an as-converted basis and will be mostly non-voting.


  • Halliburton Has Rosy Outlook for Oil Industry After Earnings Beat

    Oilfield services provider Halliburton Co. (NYSE:HAL) reported better-than-expected fourth-quarter and full-year 2017 earnings before the opening bell on Monday, sending shares higher.

    The Houston-based company posted adjusted earnings per share of 53 cents, beating Thomas Reuters’ estimates of 46 cents. Quarterly revenue of $5.9 billion beat expectations of $5.6 billion and increased from $4.02 billion in the year-ago quarter.


  • Wall Street Slightly in Red on Monday

    U.S. stock markets are set to open slightly lower on Monday after ending higher on Friday and today’s expectation of a quick resolution to the government shutdown.

    Shares of Nuance Communications Inc. (NASDAQ:NUAN) traded higher on premarket Monday session on the back of a first-quarter profit and sales outlook that was higher than expectations.


  • Fourth Quarter Earnings Due Out for Intel Corp

    Intel Corporation (NASDAQ:INTC) will announce the earnings for the fourth quarter of 2017 on Thursday after the market closes.

    Analyst forecasts show the company, which is headquartered in the Silicon Valley, will close the quarter with a net earnings of 86 cents per share.


  • Weekly CEO Buys Highlight

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. 

    Walgreens Boots Alliance CEO bought 98,858 shares


  • Verizon, Interest Rates and the Value Mindset

    Some commentators think Verizon should be avoided. Accordingly, the stock price has been both volatile and stagnant. But that is where the opportunity is, and where fleet-footed value investors might want to dig in and build a position, or increase an existing one. Verizon may present an opportunity for long-term value investors as short-sighted, short-term investors bail out in pursuit of flavor-of-the-day profits.

    Verizon Communications (NYSE:VZ) is down a bit this year, about 2% or so for 2018. But despite that and the volatile 2017 behind it, the stock price is nearly unchanged from 12 months ago. And that is just fine. The volatility might continue but the stock should not be ignored or disposed of, except perhaps by the momentum traders. For value investors, it’s looking good and might get even more inviting.


  • 7 Stocks Priced to Move on Earnings Announcements This Week

    Earning season can always be expected to bring a rise in volatility. But at a time when stock markets seem to be pricing in perfection, a poor earnings announcement or guidance can stop a stock’s momentum in its tracks. Whether you look at the stock market’s high CAPE ratio, the time since we have seen a correction, or extreme bullish sentiment, it is easy to see that investors have high expectations.

    This creates a potential for large moves in a stock’s price after an earnings announcement. Results below expectations can give a harsh reality check for investors who had been expecting greatness. Meanwhile, a blowout earnings announcement can lead to capitulation by bears and send a stock soaring.


  • Peter Lynch's 1987 Letter to Megallan's Shareholders

    Peter Lynch is undoubtedly one of the best investors of all time. Most of us are familiar with his best selling book "One Up on Wall Street." However, there’s still very limited information about Lynch because he rarely gives interviews and talks. Thus, you can imagine the great joy I had when I bumped into Peter Lynch’s 1987 letter to Megellan’s shareholders from a very old OID issue. Below are excerpts of the letter from the December 1987 OID issue. I hope you'll enjoy.


  • Bill Miller's 3 Most Interesting Positions

    Guru Bill Miller appeared on WealthTrack and talked about quite a few of his investments. When looking through his 13-F filing I immediately love his portfolio. Miller concentrates in his best ideas while holding a large amount of positions. He doesn’t mind industry concentration and is betting on lots of asset managers.

    Miller runs both a mutual fund and a hedge fund. The deal with the hedge fund is that Miller put a small position in bitcoin inside that fund. However, bitcoin’s price exploded over 2017 and Miller found himself with 50% of the hedge fund allocated to bitcoin. To deal with that he spun off the bitcoin into a separate fund to allow the hedge fund investors to sell down Bitcoin as they saw fit. I want to dive into three of Miller’s holdings and highlight how he thinks about these:


  • World Gold Council Sees Continued Demand

    The World Gold Council says global growth will continue to support gold demand and has identified some factors that are expected to drive financial markets worldwide.

    As part of the World Gold Council's report, the organization says income growth is leading to an increase in consumer demand for gold.


  • Subaru Corp Rises 0.81% Despite Airbag Recall Issues

    Subaru Corp. (TYO:7270) stock ended the week up 0.81% during a week of uncertainty for the automaker. Mid-week reports that the company issued an additional recall related to Takata airbags lowered investor sentiment.

    Subaru's Australian division will need to check 9,000 vehicles that have already had replacement airbags installed.


  • The Silver Market in 2018 According to the Silver Institute

    The demand side of silver:

    The demand of silver is expected to grow in 2018, supported by the demand from industrial applications as electrification is increasing and by the worldwide demand for large and small scale solar panels. A positive contribution is also expected from the demand of jewelery, silver bar and coin.


  • Emirates Provides an Answer to A380 Jumbo Jet’s Future

    The European aerospace behemoth Airbus (EADSY) said that it might have to bring the production of its A380 Superjumbo plane to a close down after having received no orders of the same for the past two years. Since A380’s entry, Airbus has delivered 222 of them. The company, as of now, has unfulfilled orders of 95 A380s.

    Emirates signs A380 deal


  • Stocks That Fell to 3-Year Lows in the Week of Jan. 19

    General Electric Co. (NYSE:GE), Equity Residential (NYSE:EQR), HCP Inc. (NYSE:HCP), and Range Resources Corp. (NYSE:RRC) have declined to their three-year lows.

    General Electric Co. (NYSE:GE) declined to $16.26


  • Weekly Top Insider Buys Highlight for the Week of Jan. 19

    The largest Insider Buys this week were for JPMorgan Chase & Co. (NYSE:JPM), BlackRock Inc. (NYSE:BLK), Delta Air Lines Inc. (NYSE:DAL), and Signet Jewelers Ltd. (NYSE:SIG).

    JPMorgan Chase & Co. (NYSE:JPM): Director James S. Crown bought 7,280 shares


  • CVS and Gilead Sciences Hit the Casualty List

    Starving in the midst of plenty, some stocks got roughed up in the fourth quarter even as the market rose.

    Four of these stocks – CVS Inc., Gilead Sciences Inc., Owens & Minor Inc. and Argan Inc. – are on my Casualty List. It’s a roster I compile quarterly, containing stocks that have been wounded and that I think will recover.


  • 5 Low-P/E Tech Stocks Gurus Are Buying

    The tech sector broke out over the past year, beating the S&P 500 index by returning 36.4% to its 23.2%. But the sector has some laggards.

    The driving forces behind tech’s gains were Nvidia Corp. (up 118%), PayPal Holdings Inc. (up 100.6%) and Micron Technology Inc. (up 97.1%). Value investors may shy away from the stocks, however, given their exorbitant prices and high price-earnings (P/E) ratios. The price-earnings ratio is 57.2 for Nvidia and 64.8 for PayPal. Micron breaks the mold by qualifying as being both one of the highest performers and having one of the lowest price-earnings ratios at 6.7.


  • US Market Indexes Gain on Friday

    U.S. market indexes were higher on Friday. The Dow Jones Industrial Average closed at 26,071.72 for a gain of 53.91 points or 0.21%. The S&P 500 Index closed at 2,810.30 for a gain of 12.27 points or 0.44%. The Nasdaq Composite closed at 7,336.38 for a gain of 40.33 points or 0.55%. The VIX Volatility Index was lower at 11.20 for a loss of -1.02 points or -8.35%.

    For the week, the Dow Jones gained 1.07%, the S&P 500 gained 0.53% and the Nasdaq Composite gained 0.50%.


  • Fledgling Biotech Company's Stock Surges

    Shares of fledgling biotech company Iovance Biotherapeutics Inc. (NASDAQ:IOVA) were up almost 12% in early afternoon trading as the company moves forward on some promising cancer immunotherapy treatments.

    The stock was trading at $10.75 a share on Friday afternoon, hours before market close. Industry watchers say there is no immediate explanation for the stock’s rally. However, news of the potential acquisition of one of its rivals may be a factor. Rumors have been swirling about ongoing talks between Seattle-based Juno Therapeutics (NASDAQ:JUNO) and pharma giant Celgene Corp. (NASDAQ:CELG).


  • Largest Insider Trades of the Week

    The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “January 2018” and All Insider Sales to “$5,000,000+.”

    According to these filters, company insiders made the following trades this week.


  • Jan. 19 Forum Update: 'Apple and DCF' Edition

    During the first three weeks of 2018, GuruFocus Value Investing Forum users shared discussions about Apple Inc. (NASDAQ:AAPL) and the discounted cash flow model.

    Apple announces U.S. expansion


  • IBM Falls Despite Reporting Growth for First Time in Almost 6 Years

    Technology company International Business Machines Corp. (NYSE:IBM) reported fourth-quarter and full-year 2017 earnings after the closing bell on Thursday, recording its first quarter of revenue growth in almost six years.

    The Armonk, New York-based company posted adjusted earnings per share of $5.18, topping Thomas Reuters’ estimates of $5.17. Quarterly revenue of $22.5 billion beat expectations of $22.06 billion and increased 4% from the prior-year quarter, ending the company’s prolonged 22-quarter streak of year-over-year revenue decline.


  • Here's Why the 2 Latest Hemispherx BioPharma Announcements Are Important

    Hemispherx BioPharma Inc. (HEB) had a strong start to 2017. The biotechnology stock gained more than 82% between Jan. 2 and Jan. 17 and, at time of writing, midsession on Friday, is trading around 20% off these highs having corrected into the end of the week.

    While this price action has been playing out, the company has announced two key developments, both of which relate to the production, commercialization and ongoing regulatory and development activity of its lead asset – a drug called Ampligen.


  • Larry Fink Preaches Activism-Lite


    Larry Fink, the chairman and CEO of BlackRock Inc. (NYSE:BLK) has just released his annual letter to CEOs of the corporations in which his firm invests.


  • 4 Stocks Move on Premarket Friday

    In Friday premarket trading, Schlumberger Ltd. (NYSE:SLB) lost about 3% after reporting financial results for the fourth quarter. The company registered earnings per share of 48 cents on revenue of $8.18 billion. The company beat by 4 cents per share and $50 million in revenue.

    Schlumberger Chairman and CEO Paal Kibsgaard was pleased with the 3% sequential growth in the trimester and with the pretax operating income which rose 9%. Sequential growth was fueled by strong activity in North America, Saudi Arabia and Latin America, offsetting declines in revenue in Europe, CIS and Africa.


  • IBM Falls Amid Financial Results

    U.S. stock markets are set to open flat on Friday after U.S. stocks ended lower yesterday, and reached an all-time high on Wednesday.

    Shares of International Business Machines Corp. (NYSE:IBMtraded lower on premarket Friday session on the back of the company posting its financial results for the fourth quarter of its fiscal 2017. For the trimester, IBM reported an annual net sales growth of 3.5% to $22.54 billion, while its profit advanced to $5.18 per share. Further, the results exceeded the analysts’ estimates by one cent in EPS and $490 million in revenue.


  • New Gold Falls Sharply

    New Gold Inc. (NGD) is falling on the American Stock Exchange.

    The gold stock is 8.6% down over the last three days of trading to a share price of $3.43 on Thursday. New Gold has underperformed the VanEck Vectors Gold Miners ETF (GDX) by 6.4% over the same span of time.


  • Eldorado Gold Drops

    Eldorado Gold Corp. (NYSE:EGO) continues down trending on the New York Stock Exchange.

    The gold stock lost 3.3% over the last two trading days to $1.33 per share despite the recent upgrade from Macquarie.


  • Weekly CFO Sells Highlight

    According to GuruFocus Insider Data, the recent CFO sells were: Allison Transmission Holdings Inc. (NYSE:ALSN) and Vertex Pharmaceuticals Inc. (NASDAQ:VRTX).

    Allison Transmission Holdings Inc.


  • American Express Falls After Temporarily Suspending Buyback Program

    Financial services company American Express Co. (NYSE:AXP) reported fourth-quarter and full-year 2017 earnings after the closing bell on Thursday, announcing it will be temporarily suspending its share buyback program as a result of the Tax Cuts and Jobs Act.

    The New York City-based company posted adjusted earnings per share of $1.58, beating Thomas Reuters’ estimates of $1.54. Quarterly revenue of $8.84 billion beat expectations of $8.72 billion and increased 10% from the prior-year quarter due to record spending by card members.


  • GM Ducks $1 Billion Stock Payout

    A U.S. bankrupty judge has ruled a $1 billion stock payout from General Motors (NYSE:GM) to victims of auto accidents as a result of a faulty ignition switch is unenforceable.

    The ruling did little to affect the automaker's stock price. GM shares were trading at $43.86 a share, or down 0.39%, as the market closed on Thursday.


  • John Rogers' Ariel Funds 4th Quarter Commentary

    Quarter Ended December 31, 2017


  • Celebrating Another Year, Another Decade for Sidoxia

    Not only is New Year’s the time to celebrate the year that has just passed, but it is also the time to set new resolutions for the year to come. For financial markets, especially the stock market, 2017 was a special year of celebration. In addition to the S&P 500 index rejoicing a +19% gain, the more narrowly focused Dow Jones Industrial Average (consisting solely of 30 stocks) partied to an even more impressive +25% advance. Out of the three major stock indexes, the icing on the cake can be savored by the technology-heavy NASDAQ index, which soared +28% in 2017.

    Can the mojo of this festive bull market continue into its 10th year after the financial crisis? The short answer is “yes”, but there are numerous variables that can cause the performance gusts to swirl into a headwind or a tailwind. While many Americans are glued to the topic of politics and get caught up in the continual mudslinging, followers of Sidoxia Capital Management’s writings (see also Politics & Your Money) understand there are much more important factors impacting the long-term performance of your investments. More specifically, the following four factors I track on Sidoxia’s financial dashboard (Don’t Be a Fool) have continued to act as significant tailwinds for positive stock performance:


  • Dividend Growth Portfolio 2017 Year-End Letter to Investors

    For the full-year 2017, the Dividend Growth portfolio returned 8.5%, trailing the S&P 500’s 19.4% by a wide margin [returns figures calculated by Interactive Brokers].

    While I probably shouldn’t consider an 8.5% annual return a “failure,” it’s certainly frustrating to me to trail my benchmark like this. So, we’re going to take a long, hard look at what went right and what went wrong in 2017.


  • US Market Indexes Lower on Thursday

    U.S. market indexes were lower on Thursday. The Dow Jones Industrial Average closed at 26,017.81 for a loss of -97.84 points or -0.37%. The S&P 500 Index closed at 2,798.03 for a loss of -4.53 points or -0.16%. The Nasdaq Composite closed at 7,296.05 for a loss of -2.23 points or -0.03%. The VIX Volatility Index was higher for the day at 11.95 for a gain of 0.04 points or 0.34.

    Thursday’s market movers


  • Morgan Stanley Posts Fourth-Quarter Results

    The stock price for the sixth largest of the big banks was inching up just hours after the release of its fourth-quarter earnings report earlier this morning.

    Morgan Stanley (NYSE:MS) was trading at $55.55 per share on Thursday, up 0.27% after the bank reported net revenues of $9.5 billion for the quarter, compared to $9 billion for the same period a year ago. The information was released as part of the company’s earnings report and strategic update.


  • Several Stocks Move on Thursday

    In Thursday trading, Facebook Inc. (NASDAQ:FB) shares rose after the company launched its new WhatsApp Business app. designed for smaller businesses. WhatsApp said in a blog post the new app would "make it easier for companies to connect with customers, and more convenient for our 1.3 billion users to chat with businesses that matter to them." The platform will benefit small businesses with "quick replies" to answer questions.

    Shares of Wyndham Worldwide Corp. (NYSE:WYN) traded higher after announcing it will buy La Quinta Holdings Inc.'s (NYSE:LQ) hotel business for $1.95 billion in cash.The deal is expected to close in the second quarter. La Quinta shareholders will receive $8.40 per share in cash and Wyndham Worldwide will repay approximately $715 million of La Quinta's debt net of cash.


  • Amazon Narrows List of Potential Cities for New Headquarters to 20

    E-commerce giant Inc. (NASDAQ:AMZN) announced the 20 finalists for the location of its second North American headquarters on Thursday, narrowing the list from 238 potential candidates across the U.S., Canada and Mexico.

    Amazon evaluated each city’s proposal based on criteria outlined in a September press release, voicing a preferece for metropolitan areas with at least 1 million people that have a stable, business-friendly environment.


  • SPI Energy's Strategic Partnership

    U.S. stock markets are set to open high on Thursday ahead of the biggest decline in several years in the labor market. Initial U.S. jobless claims fell more than expected, 41,000 to 220,000 for the week ended Jan. 13.

    Shares of SPI Energy Co. Ltd. (NASDAQ:SPI) traded almost 40% higher on premarket Thursday session on news that its SPI China subsidiary established a strategic partnership with Hoofoo Inc., the leading hack-proof cryptocurrency wallet for iOS and android phones. Under the agreement, Hoofoo will authorize SPI Energy to distribute Hoofoo's cryptocurrency wallet in Australia, Europe, the U.S. and China.


  • Newmont Mining downgraded at Deutsche Bank

    Shares of Newmont Mining Corporation (NYSE:NEM) fell 1.1% over the last two trading days following Deutsche Bank’s downgrade.

    According to an analyst research note dispatched on Tuesday, shares of Newmont Mining Corporation have been downgraded from "buy" to "hold."


  • Iamgold Corp Moves Up in 2017

    On Wednesday, shares of Iamgold Corp. (NYSE:IAG) rose 0.82% on the New York Stock Exchange following the release of operational results for 2017. The Canadian mid-tier gold producer released them via its website.

    The gold stock is trading at $6.16 per share and has a market capitalization of $2.84 billion, according to a total volume of 464.9 million shares outstanding. Of that, 42.35% is held by institutions, including Van Eck Associates Corporation, which owns the highest stake or 12.18% of shares as of Sept. 29.


  • Japanese Equities Awaken

    At Macro Opswe like trades where a confluence of positive tailwinds intersect with a thematic that has a long runway. That's why we are in favor of Japanese equities, as part of a theme we’re playing using futures on the Nikkei (DXJ is the ETF alternative).

    The Nikkei has had a good run since it first popped up on our radar back in September.


  • 52-Week Company Lows

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


  • US Market Indexes Gain on Wednesday

    U.S. market indexes were higher on Wednesday. The Dow Jones Industrial Average closed at 26,115.65 for a gain of 322.79 points or 1.25%. The S&P 500 Index closed at 2,802.56 for a gain of 26.14 points or 0.94%. The Nasdaq Composite closed at 7,298.28 for a gain of 74.59 points or 1.03%. The VIX Volatility Index was higher for the day at 11.81 for a gain of 0.15 points or 1.29%.

    Wednesday’s market movers


  • These Companies are DOGS. Buy Them Now. This Way

    I am not advocating that you invest solely in the Dogs of the Dow. If you want to do so, however, it is pretty darn easy. Simply wait until the end of each year, then select the 10 stocks of the Dow, 30 of which have the highest yield. Invest an equal amount of dollars into each. That’s all there is to it. Next year, do the same thing. Rinse and repeat every year.

    There is a certain logic to using this strategy if only for a portion of your portfolio. The Dow 30 tend to be big, solid companies that aren’t in any immediate danger of going out of business. Often, the reason the yield on the Dogs is so high is not because their dividends have been increased but because they have disappointed investors or they just aren’t au courant so investors have abandoned them.


  • Westwood Holdings Group: 3 Reasons We’re Bullish on Midstream MLPs

    Master limited partnerships (MLPs) ended 2017 on a high note, with the Alerian Index up 4.7 percent for December. Our portfolio manager for MLP strategies, Todd Williams, notes the main drivers for the strong finish were the OPEC agreement, which extended production cuts further in 2018 and provided a firming and subsequent rally in crude oil prices, cold weather that helped push natural gas prices higher, and fund flows into the asset class which improved during the month.

    Going forward, Williams is bullish on MLPs for these three reasons:


  • Bitcoin and Cryptocurrencies Are Just the Beanie Babies of the Moment

    If you invested in the markets circa 1999, it is hard to observe the Bitcoin mania and not experience the feeling that you’ve seen this movie before and know how it will end – in losses and tears. The internet was a great idea that convinced a lot of great minds to invest capital and energy into businesses that have transformed the world – Amazon, eBay, Cisco, PayPal … the list is very long (though in fairness the list of non-survivors is even longer – but they are not here to remind us of their nonexistence).

    Rising stock prices of internet companies also brought the unscrupulous people out of the woodwork. In 1999, if a company added dotcom to its name it was an instant guarantee that its stock price would pop at least 20% (I am probably being too conservative) on this non-news. In a slightly later stage of the bubble when internet incubators were in vogue (after the astronomical surge of CMGI), thinly traded companies would announce that they were changing their business model – pizzerias would become “internet incubators” and their stocks would surge a few hundred percent in a day. What does a pizzeria know about the internet or incubating? Nobody knew or cared. Management cashed out on suckers who bought the pop in the stock price.


  • Vedanta: More Upside as Commodities Remain Firm

    Investment overview

    I have covered Vedanta Ltd. (NYSE:VEDL), a diversified natural resources major, in the past and the stock has not disappointed in terms of upside momentum. Over the past year, the stock has moved 49% higher and this upside has been backed by positive fundamental changes in the company and industry. This article will discuss why stock upside is likely to sustain for Vedanta in 2018 and the key factors that will drive it higher.


  • 7 Stocks Move in Premarket Trade Wednesday

    In Wednesday trading, A10 Networks Inc. (NYSE:ATEN) continued yesterday's decline following the release of preliminary fourth-quarter results. The company expects revenue in the range of $55.5 million to $56 million, lower than its prior guidance of $64 million to $67 million and estimations of $65.13 million. Further, it expects earnings between 5 cents and 6 cents per share, compared with prior range of 1 cents to 7 cents a share and consensus estimates of 3 cents a share.

    Lee Chen, the company´s CEO, said, “We are disappointed with our revenue results for the quarter, which was below our guidance primarily due to a shortfall in North America sales as we experienced lower than expected seasonal demand trends in the region. Despite this shortfall, we increased our cash and cash equivalents by $6.6 million, and continued to see strength for our security solutions."


  • Juno's Stock High on Possible Acquisition

    U.S. stock markets are set to open high on Wednesday with the Dow above the 26,000 level and the corporate earnings season as the principal driver of the bull market. The industrial production rose 0.9% in December for the fourth straight monthly increase and was higher than Wall Street expectations. Leaving behind the drop of the past quarter, in the fourth quarter, production advanced at an 8.2% annual rate. For the calendar year, production rose 3.6%.

    Shares of Juno Therapeutics Inc. (NASDAQ:JUNOtraded 55% higher on premarket Wednesday session on news of a Wall Street Journal report that said it will be acquired by Celgene (NASDAQ:CELG). The terms of the deal remain undisclosed for the moment.


  • Goldcorp Jumps 7.3%

    Goldcorp Inc. (NYSE:GG) soared on the New York Stock Exchange as a result of the release of preliminary results on gold production for 2017 and Credit Suisse’s upgrade. On Tuesday, the Canadian gold stock rose 7.25% to $15.39 per share.

    The mining company said it has produced 646,000 ounces of gold in the fourth quarter and 2,569,000 ounces in the full year of 2017. This exceeded the guidance midpoint of 2,500,000 ounces of the yellow metal.


  • Barrick Gold Posts Preliminary Results for 2017

    On Tuesday, Barrick Gold Corporation (NYSE:ABX) disclosed preliminary operational results for the entire year of 2017 and its fourth quarter to shareholders via a new release on its website.

    Inl 2017, the Canadian miner produced 5.32 million ounces of gold and 413 million pounds of copper. The production of the yellow metal was within company’s expectations of 5.30 million to 5.50 million ounces. Production of the red metal was a bit below guidance. The miner had expected a copper production of 420 million to 440 million pounds.


  • Cryptocurrencies Tumble, Bitcoin Down 19.5%, Ripple Falls 35% Amid Crackdown Fears

    Cryptocurrencies have started the week with investors fearing crackdowns will impact major currencies. Bitcoin futures fell 20%, causing trade to halt temporarily while bitcoin prices fell to under $11,000 for the first time since December.

    South Korea's potential shutdown of virtual currencies is to blame.


  • Why David Einhorn Is Betting Big on General Motors

    David Einhorn (Trades, Portfolio) is one of the gurus whose stock picks I always check for ideas.

    I’m also invested in Greenlight Capital Re (NASDAQ:GLRE). Greenlight Re is a reinsurance company with its portfolio managed by Greenlight. Einhorn just released another quarterly letter to investors. The Greenlight Capital funds returned 1.6% over 2017. This is a hedge fund so you can’t compare it 1:1 versus the market. Greenlight had only two down years since inception. As far as I know, Einhorn is never 100% long. That means it is hard to keep up with the S&P 500. However, this kind of lag to the S&P 500 isn’t explained by lower market exposure. It’s clearly a bad year. Einhorn seeks part of the explanation in this market environment where value continues to lag:


  • Dodge & Cox Stock Fund 4th Quarter Commentary

    The Dodge & Cox Stock Fund had a total return of 5.7% for the fourth quarter of 2017, compared to 6.6% for the S&P 500 Index. For 2017, the Fund had a total return of 18.3%, compared to 21.8% for the S&P 500.



  • US Market Indexes Lower on Tuesday

    U.S. market indexes were lower on Tuesday. The Dow Jones Industrial Average closed at 25,792.86 for a loss of -10.33 points or -0.04%. The S&P 500 Index closed at 2,776.42 for a loss of -9.82 points or -0.35%. The Nasdaq Composite closed at 7,223.69 for a loss of -37.38 points or -0.51%. The VIX Volatility Index was higher for the day at 11.62 with a gain of 1.46 points or 14.37%.

    Tuesday’s market movers


  • 4 Stocks Move on Tuesday

    Yum Brands Inc.'s (NYSE:YUM) stock declined on Tuesday after the company said it will take a one-time tax expense of approximately $160 million in the fourth quarter. The cash outflow is a result of the repatriation tax and the revaluation of deferred tax assets.

    Further, analysts at Morgan Stanley are more bullish on the company as they raised their price target to $91 per share from $82. This gives more than 10% of upside potential from its current price.


  • Is It Time to Sell?

    Right now, with the S&P 500 printing a new high almost every day, a conversation a lot of investors and analysts are having is whether or not it's time to sell this historic bull market.

    This is not a new conversation. Ever since 2008, analysts have been trying to call the end of the rally, with almost no success.


  • General Motors Updates Guidance on Tuesday

    U.S. stock markets are set to open high on Tuesday after the Empire State manufacturing fell index to 17.7 in January from 19.6 the previous month. Despite the fall, the index remains in a level which indicates solid growth.

    Shares of General Motors Company (NYSE:GMtraded 2.75% higher in the premarket Tuesday session after the company said it expects 2017 adjusted earnings per share at the high end of its guidance range of $6.00 to $6.50, compared with the consensus estimates of $6.29.


  • McEwen Mining Up 2.6% on Production

    McEwen Mining Inc. (NYSE:MUX) climbed 2.6% on Monday to $2.38 per share on the New York Stock Exchange.

    The rise is attributed to results on improved fourth quarter gold production at El Gallo mine in Mexico and on outputs at Black Fox Mine in Canada and the San José Mine in Argentina. Miners are accessing higher ore grade at El Gallo.


  • Acacia Mining Tops Guidance on Gold Production

    Acacia Mining PLC (ACA) was up 1.54 percent on the London Stock Exchange, as of late this morning. It reached 197.8-pound sterling on the London exchange after having informed the market that it surpassed expectations on gold production for the fourth-quarter and entire year of 2017. The results were supported by strong performance at the Buzwagi mine.

    Acacia Mining produced gold doré at 148,477 ounces in the fourth quarter, a 30% decline from the prior-year quarter, and at 767,883 ounces for the full year. That was 7% lower compared to 2016. As a result, Acacia Mining also reported a 27% year-over-year decline to 592,861 ounces of doré sold in 2017.


  • 2017 Free Value Strategies Results – What Worked and What Didn’t

    2017 ended with a blast and 2018 looks to be continuing the trend.

    Here’s how 2017 ended across the various sectors.


  • Do Whirlpool’s Numbers Justify Chasing the 2.5% Yield?

    Let's analyze the 2.5% dividend yield from Whirlpool (NYSE:WHR) to see if the underlying fundamentals align with what looks like a solid long-term dividend play.



  • Five Companies Hit 52-Week Highs

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

    Freeport-McMoRan Inc. (NYSE:FCX) reached the 52-week high of $19.75


  • Is It Time to Hit the Slopes at Vail Resorts Inc.?

    Ladies and gentlemen, pull out the skies and get to the powder because Vail Resorts (NYSE:MTN) is under our microscope today. In the throes of winter and subzero American temperatures, it seems only appropriate that this exciting resort company be our first stock discussion of 2018.

    The name Vail connotes luxury and sophistication, and is home to some of the world’s finest ski resorts. Vail Resorts owns and operates four ski resorts in the state of Colorado (including Vail itself), three in Lake Tahoe, one in Utah, one in Vancouver and a summertime resort in Wyoming. With 10 resorts in its portfolio, Vail Resorts has extensive holdings across the Western resort region and significant upside for the future.


  • Chinese Online Leisure Travel Company High on Share Repurchase Program

    U.S. stocks ended up on Friday with all the benchmark indexes in green territory. The Dow advanced 0.89%, the S&P 500 gained 0.67% and the Nasdaq climbed 0.68%.

    Shares of Tuniu Corporation (NASDAQ:TOUR) traded higher on Friday after news that the board of directors authorized a share repurchase program of up to $100 million worth of its ordinary shares or American depositary receipts. 


  • Alio Gold Is Well Positioned for 2018

    Gold is soaring on the London Bullion Market. The precious metal closed $1,326.80 per troy ounce on Friday, up nearly $15 an ounce year-to-date and on average $70 per troy ounce from 2017.

    This is a sure sign that investing in gold is getting hot again. The weak dollar and expectations of a low real interest rate environment are also boosting its popularity.


  • Bank of America to Post 4th Quarter and 2017 Results

    Bank of America Corporation (NYSE:BAC) will release the results for fiscal 2017 and its fourth quarter on Jan. 17 before the New York Stock Exchange opens.

    For the quarter, 23 analysts are forecasting a range of 41 to 48 cents of net earnings per share.


  • General Motors to Launch Autonomous Cars in 2019

    The top U.S. automaker General Motors (NYSE:GM) unveiled an image of an autonomous car without a steering wheel and pedals on Friday. 

    The automaker has written a formal letter to the federal government seeking approval to test the vehicles that don’t comply with federal safety standards. The Detroit-based automaker said that it wants to start testing the vehicles on public roads and highways. The electric Cruise autonomous vehicle (AV) will be built based on the Chevrolet Bolt. It’s a modified Chevy Bolt without pedals. As a matter of fact, the company isn’t looking forward to offer Cruise AV to retail customers. Rather, it wiould run on the road providing taxi-like services in 2019. GM’s president, Dan Ammann, commented:


  • CenturyLink Inc. Falls Over 0.75% on Dividend Concerns

    CenturyLink Inc. (NYSE:CTL) shares fell 0.75% to end the week as the company's stock continues to tumble going into 2018. CenturyLink stock fell 30% in 2017, as investors doubt the company will be able to continue to support its dividend payment.

    The company's main weakness is its legacy business.


  • Key Metrics That Show Instagram Could be Bigger Than Facebook

    When Facebook (NASDAQ:FB) bought Instagram right before going public, the visual media social site had only 30 million users compared to Facebook’s own 800 million. At the time it was seen as a possible misstep as Facebook took the leap into becoming a public company. Now that opinion is quickly fading away as Instagram crosses milestone after milestone.

    With Instagram itself now having crossed the 800 million user base mark, it’s time to see what this unit can actually contribute to the company’s overall growth potential. Instagram can be more powerful than Facebook as a revenue generator.


  • Weekly CEO Buys Highlight

    According to GuruFocus Insider Data, these are the largest CEO buys during the past week. 

    Dell Technologies CEO bought 12,967 shares


  • Nevsun Resources Down 1.7%

    Nevsun Resources Ltd. (NSU) lost 1.65% on the stock market on Friday after the release of disappointing production results at its Bisha mine in Eritrea in 2017.

    Nevsun Resources closed the year ending Dec. 31, 2017. The company approached the higher limit of its guidance on zinc concentrate production, but it missed guidance regarding the production of copper.


  • Pan American Silver Jumped 3% on Production Results

    Pan American Silver Corp. (NASDAQ:PAAS) rose nearly 3% on the New York Stock Exchange Jan. 12 after achieving silver production of 25 million ounces, within target, and below-guidance consolidated cash costs of $4.55 per payable ounce of silver. The latter was also the lowest over the last 10 years thanks to higher productivity and by-product credits and lower concentrate treatment costs.

    The stock is now trading at $16.66 with a market capitalization of $2.51 billion. According to the chart sourced from Yahoo Finance, Pan American Silver Corp. climbed 5.6% for the 52 weeks through Jan. 12 and outperformed the VanEck Vectors Gold Miners ETF by 10.2%.


  • Stocks That Fell to 3-Year Lows in the Week of Jan. 12

    National Grid PLC (NYSE:NGG), Korea Electric Power Corp. (NYSE:KEP), Campbell Soup Co. (NYSE:CPB) and Acadia Realty Trust (NYSE:AKR) have declined to their three-year lows.

    National Grid PLC (NYSE:NGG) declined to $57.58


  • Weekly Top Insider Buys Highlight for the Week of Jan. 12

    The largest Insider Buys this week were for Inc. (NYSE:CRM), Everest Re Group Ltd. (NYSE:RE), Lamb Weston Holdings Inc. (NYSE:LW) and Dave & Buster's Entertainment Inc. (NASDAQ:PLAY). Inc. (NYSE:CRM): Director Susan Wojcicki bought 6,000 shares


  • Buffett, Bogle and Siegel Miss Out by Not Using Market-Directional Investing, Portfolio Manager Says

    Warren Buffett (Trades, Portfolio), John Bogle, Jeremy Siegel and many major financial companies are wrong about favoring buy-and-hold investing rather than basing their decisions on the market’s direction, said Mike Turner, founder of Turner Trends Tools and president and chief portfolio manager of Turner Capital Investments, LLC.

    Turner’s rationale for letting the market’s direction dictate when to buy and sell investments is based on his assumption that investors want to profit in bull markets and guard against big losses in bear markets. In contrast, a traditional buy-and-hold strategy assumes that the market will recover from bearish downturns because they have done so in the past, but Turner warned that it leaves investors at risk for “significant losses” that can take years to recoup.


  • T. Boone Pickens Shuts Down Hedge Fund: A Final Look at His Best Ideas

    T. Boone Pickens, a oil trader and guru, is shutting his hedge-fund focused on energy. He revealed to the WSJ his health is declining and returns have not been great. This is only the last among a number of high profile (value) investors shutting funds. Richard Perry (Trades, Portfolio) shut down a fund after 26 years in 2016. Hugh Henry shut his fund in 2017. The move from passive towards active is taking a toll on value minded managers. Pickens built his entire and remarkable career on energy business & trading:


  • US Market Indexes Gain on Friday

    U.S. market indexes were higher Friday. The Dow Jones Industrial Average closed at 25,803.19 for a gain of 228.46 points or 0.89%. The S&P 500 Index closed at 2,786.24 for a gain of 18.68 points or 0.67%. The Nasdaq Composite closed at 7,261.06 for a gain of 49.28 points or 0.68%. The VIX Volatility Index was higher for the day at 10.16 for a gain of 0.28 points or 2.83%.

    For the week, the Dow Jones gained 2.0%, the S&P 500 gained 1.56% and the Nasdaq Composite gained 1.72%.


  • 3 Financial Stocks Move on Friday

    On Friday, BlackRock Inc. (NYSE:BLK) shares jumped more than 3% on the back of the company reporting its financial results for the fourth quarter of fiscal 2017. The company posted adjusted EPS of $6.24 on revenue of $3.47 billion, beating earnings estimates of $6.02 and revenue expectations of $3.32 billion.

    Chairman and CEO Laurence Fink said.


  • JPMorgan Earnings Overshadowed by Margin Loan to Controversial Company

    JPMorgan Chase & Co. (NYSE:JPM) handily exceeded market expectations in its fourth-quarter earnings, but a margin loan loss to a troubled South African global retailer stole much of the bank’s thunder as it released results Friday morning.

    The bank reported fourth-quarter earnings per share of $1.76, or seven cents higher than projections. Managed revenue of $25.5 billion was up 5%, according to the bank’s estimates.


  • Largest Insider Trades of the Week

    The GuruFocus All-in-One Screener can be used to find insider trades from the past week. Under the Insiders tab, change the settings for All Insider Buying to “$200,000+,” the duration to “January 2018” and All Insider Sales to “$5,000,000+.”

    According to these filters, company insiders made the following trades this week.


  • Amazon Rises on Friday

    The U.S. stock market was up on Friday with all the benchmark indexes in positive territory as the fourth-quarter corporate earnings season is starting.

    Shares of Inc. (NASDAQ:AMZN) traded higher on Friday after SunTrust Robinson Humphrey analyst Youssef Squali raised his price target for the stock to $1,400 from $1,270. He justified the change in a letter to clients, highlighting Amazon’s “maniacal focus on the customer” and leveraging technology innovation to disrupt multiple industries, including commerce, entertainment and information technology. He also commented on the differentiation and sustainable advantages that “should continue to enable the company to grow disproportionately faster than peers, gain market share in several segments of the global economy and sustain above-peers valuation multiples for years to come.”


  • BlackRock Rises as Assets Under Management Surpass $6 Trillion

    Asset management company BlackRock Inc. (NYSE:BLK) reported better-than-expected fourth-quarter and full-year 2017 results on Friday and said its assets under management eclipsed $6 trillion, sending shares higher.

    The New York City-based company, which is the largest asset manager in the world, posted adjusted earnings per share of $6.24 for the quarter, beating estimates of $6.02. Quarterly revenue of $3.47 billion beat expectations of $3.32 billion and increased 20% from the prior-year quarter.


  • Wells Fargo Earnings Dented by Litigation Fees

    Wells Fargo (NYSE:WFC) reported earnings for the fourth quarter of 2017 on Thursday morning before markets opened, with the nation’s second largest bank by market cap reporting per-share earnings of $1.16. Analysts were looking for earnings per share of $1.04, according to Nasdaq.

    Shares of Wells Fargo sank 0.79% by mid-morning to trade around $62.56 and have gained 13% over the past year, versus 16% for the past year versus the S&P 500’s rise of 22%. The market’s tepid response came as the bank reported weakness in other key financial areas.


  • Onconova Therapeutics Is Looking to Spearhead the Next Drug Development Wave With Its Ongoing Trial

    The history of drug development can be broken down into three broad phases. The first can be coined "accidental." In this phase, researchers stumbled across potential treatments (the early days of antibiotics fits nicely into this category) and, understandably, progress was slow. The second phase involved the use of screening, which involves testing a large library of chemicals against a particular target to identify how each modifies the target and – in turn – which of those tested could potentially be the most effective from a disease-modifying perspective.

    The third and current phase is one of active design. In recent years, scientists' understanding of the pathways associated with various disease types (and their resulting progression) has increased dramatically and this has resulted in researchers being able to create drugs specific to the interruption of these pathways.


  • Yamana Gold jumped 5%

    Yamana Gold (NYSE:AUY) has reported preliminary results on production for the fourth quarter and fiscal 2017.

    On Thursday, the stock closed $3.34 per share, up 5% on the New York Stock Exchange. Gold and copper production in 2017 exceeded guidance's expectations. However, production dropped compared to 2016 levels.


  • Why You Should Invest in REITs This Year

    Looking for a good investment in 2018? Consider real estate investment trusts (REITs). REITs are composed of commercial properties. Investors who purchase them are often buying a basket of commercial properties, which can include apartment complexes, office buildings, hospitals, shopping centers, warehouses and more.

    However, REITs are analogous to a mutual fund in that they are listed on major stock exchanges under ticker symbols. They can be purchased and sold as easily as stocks. Just as you are purchasing shares of a company when you buy stocks, you are purchasing part of a group of commercial properties when purchasing a REIT.


  • B2Gold Releases Figures on Preliminary Production

    B2Gold Corp. (BTG) is a miner to watch in 2018.

    The company is forecasting an average consolidated gold production of 930,000 ounces for 2018. Compared to 2017, this represents a 47.5% transformational growth, which is supported by the entry of the Fekola mine in Mali. 


  • Three Diabetes Clinical Trials to Watch in 2018

    Clinical trials ongoing in diabetes this year could provide the basis for foundational change in the way the disease will be treated in the next decade. Here are three to watch in 2018 and how they may affect the diabetes market going forward into the 2020s.

    Novo Nordisk and Oral Semaglutide


Add Notes, Comments

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

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

GF Chat