April 23, 2018 | Daily JAM, IBCP, Stock Alerts |
Independent Bank (IBCP) reported first quarter earnings of 42 cents a share today. That's up from 28 cents a share in the first quarter of 2017. Special items added 4 cents a share to earnings. The reduction in the bank's tax rate thanks to the Tax Cuts and Jobs Act...
April 23, 2018 | Daily JAM, Stock Alerts |
The earnings results for Kinder Morgan's (KMI) first quarter were in line; it's 60% increase in the annual dividend was more aggressive than expected. Adjusted EBITDA (earnings before interest payments, taxes, and depreciation) was $1.90 billion for the quarter,...
April 19, 2018 | BAC, Daily JAM, Stock Alerts |
On Monday Bank of America (BAC) reported first quarter earnings of 62 cents a share, 3 cents a share above Wall Street estimates. Earnings were up 51% year over year on a 4% increase of revenue to $23.1 billion. That was ahead of the consensus at $23.04 billion. Wall...
April 19, 2018 | Daily JAM, DHR, Stock Alerts |
Danaher (DHR) reported fourth quarter earnings of 80 cents a share before the market opened today, April 19. That was 3 cents a share ahead of Wall Street projections. Revenue climbed 10.9% year over year to $5.09 billion. The Wall Street consensus called for $4.97...
April 16, 2018 | Daily JAM, SEDG, Stock Alerts |
I've been looking for a way out of this investing puzzle for a while and I think I've finally found one. SolarEdge Technologies (SEDG). I'm adding these shares to my Jubak Picks Portfolio on Monday. And I'll be buying call options on these shares in my Volatility...
April 12, 2018 | Daily JAM, STO, Stock Alerts |
Don't know if you noticed yesterday, Wednesday April 11, but the big winner on market fears of a U.S. military strike in Syria wasn't U.S. benchmark West Texas Intermediate crude. That grade of oil gained just 0.07% on the day. No, the winner was the international...
April 5, 2018 | AAPL, Daily JAM, Stock Alerts |
Yesterday Apple (AAPL) announced that it had hired John Giannandrea, the architect behind Google Assistant, to take its Siri digital assistant from disappointing to amazing again. (Or at least to make it a credible challenger to Amazon's Alexa and Google Assistant.)...
April 3, 2018 | Daily JAM, FCX, Stock Alerts |
Whenever someone asks me "Do you like Stock XYZ? my first question in response is "Over what time period?" So for example, in the short run--say the next month or two--I don't much like shares of Amazon (AMZN) for the reasons that I laid out in my post on the stock...
April 3, 2018 | Daily JAM, Stock Alerts |
Last night I played standard first-stage defense by selling shares of Freeport McMoran Copper and Gold (FCX) out of my Jubak's Picks Portfolio. That reduces, in my opinion, my risk to the likely continuation (again in my opinion) of a market retreat on fear that the...
April 2, 2018 | Daily JAM, FCX, Stock Alerts |
Freeport McMoRan Copper and Gold (FCX) was the third and last copper stock I added to my portfolios back in January 12, 2018--after Southern Copper (SCCO) and First Quantum Minerals (FQMLF). I added so much copper since copper prices were soaring in 2017--up 30%--and...
March 28, 2018 | AMZN, Daily JAM, Stock Alerts, Volatility |
Well, why not? Shares of Amazon (AMZN) were down as much as 7.4% after Axios reported that President Donald Trump is "obsessed" with regulating the company and has discussed changing the way the company collects (or doesn't) sales tax. The stock rallied back to close...
March 28, 2018 | Daily JAM, FANG, Stock Alerts |
Today Concho Resources (CXO) announced the acquisition of RSP Permian (RSPP) to create the biggest  oil and natural gas producer from the shales of the Permian Basin. The $9.5 billion all stock deal represents a 29% premium to the Tuesday close for RSP Permian. That...