With all due respect to famed economist Burton Malkiel, but stocks don’t make a “random walk.” His famous book from 1973, A Random Walk Down Wall Street, opined that the stock market incorporates all information and there is… Read More

What the heck is going on with this market? On two occasions this week, the major indexes opened sharply lower and then clawed back higher as the trading session wore on. From hour to hour, the bears — who fear a spreading European contagion, and the… Read More

A couple of weeks ago I talked about finding bargains among blue-chip stocks, pointing out how all of the stocks I mentioned had reached bargain-basement levels in terms of their price-to-earnings (P/E) ratios. And while I’m sticking to my guns and affirming that — for those three stocks — a… Read More

It’s a classic conundrum. What do you do with a well-run company in a very tough industry? Do you focus more on the company’s solid balance sheet and growth opportunities, or focus on the key issues beyond the company’s control?… Read More

One of my all-time favorite investing articles talks about how important growth is when buying a stock. The author goes back in time and demonstrates that, by buying into leading growth companies, investors could garner incredible annual returns. A key takeaway is that even when you buy in when these… Read More

As Aesop once noted, patience is a virtue, and to wait will never hurt you. I had to remind myself of that as a stock I once planned to put in my $100,000 Real-Money Portfolio ran away from me. In early January, I laid out the investment… Read More

In the summer of 2004, George W. Bush and Senator John Kerry were locked in battle, seeking votes for the upcoming Presidential election. Another major event was making the headlines that summer as well: Google (Nasdaq: GOOG) was preparing to launch the most important… Read More

Editor’s note: The following article was originally published on Mar. 5. My job as chief investment strategist for Game-Changing Stocks requires me to look for “the next big thing.” Sometimes that means I’m looking through obscure government reports to learn about the latest technology the Pentagon is using that could… Read More

Pity the poor mid-caps. Many investors tend to focus on large-cap blue-chip stocks, while more aggressive investors often seek out robust potential upside among off-the-radar small-cap stocks. Stuck in the middle: Mid-cap stocks — which I define as having market values between $1… Read More

Intelligence always moves to the edge of the network.   That wasn’t always true of the communications business. The only thing “smart” at either end of this network might be one of the callers, and that certainly varied. Phones used to be nothing more than a speaker, a… Read More