David Einhorn of Greenlight Capital Management is considered one of the most successful hedge-fund managers of all time. With a net worth of more than $1 billion and assets under management of more than $6 billion, Einhorn’s smallest… Read More
Value Investing
The Smiths’ vegan front man Morrissey may have crooned, “Meat is murder!” but the fact remains that meat is big business. Take a look at figures from the U.N. Food and Agriculture Organization, which projected a 5% annual growth rate of the poultry… Read More
What are stocks worth? It’s a loaded question. Any stock can appear overvalued or undervalued depending on which valuation metrics you… Read More
“Gamblers always die broke, young man,” whispered the grizzled, old casino lizard at the Blackjack table as I gathered my meager winnings. It wasn’t very nice to hear: A recent college graduate, I had just earned a small sum during my first visit to a casino. But that advice ended… Read More
The Dow Jones Industrial Average recently exceeded the previous record of 14,164 reached in October 2007. Of course, a number of components in the index returned to their peak much sooner and are now handily above levels seen in 2007. The best… Read More
Editor’s note: This article was originally published on Dec. 12, 2012. In the past four to five years, investors have been more squarely focused on the consumer end of the tech landscape, bidding up shares of Apple (Nasdaq: AAPL), Google (Nasdaq: GOOG), Amazon.com (Nasdaq: AMZN) and others. But on the business end of high-tech, the big winners haven’t been such industry leaders. Instead, most gains have come from small, but growing software and data-storage providers. But this theme may be upended in 2013, as one of the most dominant… Read More
Editor’s note: This article was originally published on Dec. 12, 2012. In the past four to five years, investors have been more squarely focused on the consumer end of the tech landscape, bidding up shares of Apple (Nasdaq: AAPL), Google (Nasdaq: GOOG), Amazon.com (Nasdaq: AMZN) and others. But on the business end of high-tech, the big winners haven’t been such industry leaders. Instead, most gains have come from small, but growing software and data-storage providers. But this theme may be upended in 2013, as one of the most dominant companies in the enterprise space regains its mojo. I’m talking about Cisco Systems (Nasdaq: CSCO), which has had little to show investors during the past five years. Blocking and tackling Although the stock chart may give the impression of a company slowly losing relevance, nothing could be further from the truth. Cisco’s operational performance has been quite solid in recent years, especially when compared to stumbling giants such as Hewlett-Packard (NYSE: HPQ), Dell (Nasdaq: DELL), Computer Sciences (NYSE: CSC), and especially when compared to more direct networking competitors such as Juniper Networks (Nasdaq: JNPR). Consider… Read More
Sometimes opportunities in the stock market are where you least expect them. When a company sees a spike in share price on news of a buyout that ultimately fails, that stock… Read More
Based on research into the insider filings for the fourth quarter of 2012 that recently became available, I have found 10 of the most popular stocks among insiders on… Read More
Many investors believe Warren Buffett is the greatest long-term investor of all time. With a net worth of more than $60 billion, he is by any measure, an incredibly successful investor. Adherent to the value-investing teachings of Benjamin… Read More