No signs of danger to HDFC Bank from India’s online revolution–in fact, on the contrary…
It’s only sensible to worry about numbers like these–they’re just so deliciously good. For the last 10 years, India’s HDFC Bank has been able to grow its loan portfolio by 31% annually. It’s deposit base has expanded at almost the same...
Johnson Controls moves closer–maybe–to breaking out of doldrums
Johnson Controls (JCI), a member of my long-term 50 Stocks portfolio, hasn’t done much of anything for a year now. Over the last 12 months the shares are up just 0.66% and in 2017 to date they’re down 0.1%. That performance isn’t surprising. The...
Alibaba’s core business is going great; worries are at the investment margins
Yesterday before the market opened in New York China’s e-commerce giant Alibaba (BABA) reported September quarter earnings of $1.29 a share (excluding one-time items.) That was 26 cents a share better than Wall Street projections. Revenue climbed 61% to $8.63...
Facebook reports earnings beat; good set up for Apple earnings tomorrow
Facebook (FB) announced third quarter earnings of $1.59 a share today after the market closed. That was 31 cents a share better than the Wall Street consensus. Revenue climbed 47.3% year over year to $10.33 billion, ahead of projections for $9.84 billion. Last quarter...
Will PayPal be a FinTech winner?
When eBay (EBAy) and PayPal (PYPL) split up in July 2015 (with eBay shareholders getting one share of eBay and one share of PayPal) I told myself (and readers) that I wanted to keep PayPal in my long term 50 Stocks Portfolio but would one day sell eBay out of that...
Cummins reports solid second quarter and shows progress in moving to electric truck market
I’m on vacation until September 7. I wrote this update on portfolio holding Cummins on August 22. On August 1 Cummins (CMI) reported second quarter earnings of $2.53 a share. That was 3 cents a share below Wall Street estimates. Revenue climbed 12% year over...
Pioneer earnings got the whole oil shale worry thing started
Back on August 1 Pioneer Natural Resources (PXD) reported second quarter earnings of 21 cents a share, beating the Wall Street consensus by 10 cents a share. Revenue climbed 107% year over year to $1.63 billion, way ahead of the Wall Street consensus at $1.06 billion....
Apple earnings solid enough to support tech sector
The big questions for Apple (AAPL) won’t be answered until this fall when investors get to see the new iPhone (and see how hot or not it is) and learn whether or not Apple’s suppliers are indeed having trouble manufacturing key components such as the OLED...
Long-term pick Bunge gets motivated
“Depend upon it, sir, when a man knows he is to be hanged in a fortnight, it concentrates his mind wonderfully,” James Boswell quotes Samuel Johnson as saying upon the occasion of the hanging of William Dodd in 1777 for a loan scam. CEOs don’t...
Huge earnings beat can’t save Alphabet from metrics miss
Alphabet (GOOG) dropped 3.1% in after hours trading in spite of reporting earnings of $5.01 a share, well ahead of the $4.49 expected by Wall Street. Revenue of $26.01 billion, up 21% from the second quarter of 2016, also beat the Wall Street consensus of $25.6...
Adding Nidec (NJDCY) to my long-term 50 stocks portfolio
Back on July 11 I wrote a Sector Monday post on the robotics sector on my subscription site JubakAM.com. I’ve already added Fanuc (FANUY) to my long-term 50 Stocks portfolio. And tomorrow with this post I will be adding Nidec (NJDCY) to that same long-term...
VALE continues to make progress to becoming a “true corporation”
The ultimate goal is to convert Vale (VALE), the global iron ore producer, into a true corporation from its current status as a company controlled by a shareholder group consisting of Brazilian pension funds, Brazilian bank Bradesco, and Japan’s Mitsui. This...
Tencent earnings show growth of company’s China media power
Today, May 17, China’s Tencent Holdings(TCEHY) reported a 58% increase in first quarter profit on a 55% increase in revenue. The company’s WeChat app is now the world’s third-largest personal messaging app after Facebook’s WhatsApp and...
Freeport McMoRan and Indonesia agree to extend agreement deadline for another 6 months
The stakes are so high that a deal is almost a certainty. Freeport McMoRan Copper and Gold (FCX) needs the copper production from the giant Grasberg mine, the second largest in the world. The government of Indonesia needs the revenue it gains from Grasberg....
Vale gets a new CEO and gets rid of control by its old shareholders
Vale (VALE) has a new CEO–that’s an important and immediate change. It will take longer to end the control of Vale by a small group of banks and Brazilian state pension funds–until 2020–but that may actually be more important in the long run....
Facebook reports big gain in number of advertisers in run up to earnings
Facebook (FB) Chief Operating Officer Sheryl Sandberg told Reuters that the company now had 5 million active advertisers on its network each month. That’s up from 4 million advertisers in September and 3 million in March 2016. The number of businesses with...
Head winds? What head winds? Middleby is profiting from cost battle in fast food sector
Updated March 2, 2017. On February 28, for the fourth quarter of 2016, Middleby (MIDD) reported earnings of $1.41 a share, 14 cents a share better than Wall Street had projected. That was an increase in earnings from 88 cents in the fourth quarter of 2015. Revenue...
In fourth quarter Albemarle tripled lithium quota in Chile
I’d never suggest you should ignore the numbers–for the fourth quarter lithium and bromine producer Albemarle (ALB) reported earnings of 78 cents a share, 5 cents a share more than Wall Street was expecting. But the big news the company had to report for...
Copper headed higher? For Freeport McMoRan Copper and Gold this may not end badly but it won’t end soon
Update February 22,2017. With the world’s largest copper mine at Escondida in Chile out on strike, the fight between Freeport McMoRan Copper and Gold (FCX) and Indonesia is a big, big deal. Copper has already climbed above $6,000 a metric ton and the metal is...
Selling ExxonMobil out of my long-term 50 Stocks portfolio; keeping it in my Dividend portfolio
ExxonMobil (XOM) is a hard company to characterize: it does some things so well that it has no peer and it does some things poorly enough to put the company in the middle of the oil company pack. On the very big plus side, nobody does the integration of refineries and...
Deere signals bottom for farm stocks
Deere (DE), the world’s biggest maker of farm machinery, is signaling that the worst is over in for its industry even as the U.S. Department of Agriculture is projecting another down year for farm incomes. In fiscal first quarter earnings reported today Deere said...
Buying lithium producer Albemarle in my long-term 50 Stocks portfolio
On Tuesday, since U.S. markets are closed on Monday, I’ll be adding shares of Albemarle (ALB) to my long-term 50 Stocks portfolio. The shares closed at $91.92 on Friday, February 17. After the 2015 acquisition of Rockwood Holdings, Albemarle is the world’s...
Buy Tencent Holdings in my long-term 50 Stocks portfolio
I’ve got a number of open slots in my long-term 50 Stocks portfolio and I’m going to fill one of those with a buy of Tencent Holdings (TCEHY). Tencent Holdings closed at $26.25 today, February 14. Tencent is the other big Chinese Internet stock. It’s...
Adding Allergan to my long-term 50 Stocks portfolio on the strength of its Botox franchise
Today’s buy for Allergan (AGN) in my long-term 50 Stocks portfolio completes the transition I started when I sold the stock in my 12-18 month Jubak’s Picks portfolio. At the time of that sell, I felt that Allergan was chasing too many opportunities that...
Apple plays the earnings game and wins–at least for today
All the headlines that I’ve seen after Apple (AAPL) reported earnings for the December quarter (first quarter of the 2017 fiscal year) after the market close today say that Apple beat Wall Street projections by 14 cents a share on earnings. Which sounds...
My long-term 50 Stocks portfolio returned 21.5% in 2016
This long-term, buy-and-holdish portfolio was originally based on my 2008 book The Jubak Picks. In that book I identified ten trends that were strong enough, global enough, and long-lasting enough to give anyone who invested in them a good chance of beating the stock...
My long-term pick Luxottica in $50 billion deal
In a $50 billion deal announced today Italy’s Luxottica (LUX), the world’s leading eyewear company, will combine with France’s Essilor (ESLOY), the world’s biggest maker of lenses, to form a from lens to Sunglass Hut giant in the eyewear...
Keeping Corning in my long-term 50 Stocks portfolio but calling shares fully valued after 36% gain year-to-date
Update December 8, 2016. Corning (GLW) is up again today–1.22% on December 8–on news that the company has authorized a $4 billion share buyback. With a gain of 7.2% in the last month and 36.1% year-to-date I think the shares are now fully valued. No need...
Adding Coach to my dividend portfolio; keeping it in long-term 50 Stocks list
And to think that in 2015 I was thinking of dropping Coach (COH) from my long-term Jubak 50 Stocks portfolio. In mid-2015 the stock was languishing at $28.48 (September 25, 2015) and seemed to be floundering with stagnant sales, falling margins, and a loss of pizzazz...Jim’s Daily Email Alerts:
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