Stock Alerts
November 29, 2023 | Daily JAM, GM, Jubak Picks, Stock Alerts |
Shares of General Motors (GM) are up 11.39% today, November 29, on news that the company will boost its dividend by 33% (to 12 cents a share from 9 cents) and repurchase $10 billion of shares. I’m selling my position in the stock in my 12-18 month Jubak Picks Portfolio. That position is now down 10.03% since I added it to the portfolio on October 4, 2022. I don’t see anything in this report that changes the fundamentals of GM’s car business. Yes, the company demonstrates today with its biggest-ever buyback plan that its legacy gas-powered vehicle business throws off tremendous amounts of cash. Now. But the company has pulled back on many of the expensive investments that would have brought GM into the electric vehicle future.
November 21, 2023 | Daily JAM, Long Term, NVDA, Stock Alerts |
Nvidia (NVDA) beat Wall Street expectations again. After the market close today, November 21, the company reported adjusted earnings per share of $4.02 on revenue of $18.12 billion. Analysts had projected adjusted earnings per share of $3.36 and revenue of $16.1 billion.
November 18, 2023 | Daily JAM, NVDA, Short Term, Stock Alerts, Top 50 Stocks, TSM |
Nvidia’ earnings report after the close on Tuesday, November 21, will be the big event of the short Thanksgiving week.
November 9, 2023 | Daily JAM, Jubak Picks, LLY, Stock Alerts |
On Wednesday the Food and Drug Administration approved Mounjaro from Lilly, as an obesity drug, after clinical trials showed that patients lost an average of 18% of their body weight. The drug will be marketed as Zepbound in the obesity market. This puts Lilly into direct competition with the wildly popular Wegovy weight-loss drug from Novo Nordisk (NVO)
November 2, 2023 | Daily JAM, GOLD, Stock Alerts |
Yesterday, Thursday, November 2, Barrick Gold (GOLD) reported earnings of 24 cents a share for the company’s this quarter. That was ahead of the 21 cents a share consensus estimate among Wall Street analysts. In the third quarter of quarter of 2022, the company reported earnings of 13 cents a share. The surprise was the fourth for Barrack in the last four quarters. But to me other news overshadowed the earnings themselves.
April 24, 2023 | Daily JAM, ISRG, Long Term, Stock Alerts, Top 50 Stocks |
Last week Intuitive Surgical (ISRG) surprised everybody, including, apparently, management. Intuitive Surgical’s first-quarter revenue grew 14% year-over-year to $1.7 billion. (Wall Street was expecting $1.6 billion.) Surgical procedures performed using the company’s da Vinci system, rose 26% year-over-year, well above expectations for 15% growth. And the company raised guidance for global procedure growth to 18% to 21% from the prior guidance of 12% to 16%.
February 21, 2023 | Daily JAM, Jubak Picks, Millennial, PANW, Stock Alerts, Top 50 Stocks |
After the market close on February 21, cyber security company Palo Alto Networks (PANW) reported fiscal second-quarter 2023 year-over-year revenue growth of 26% to $1.7 billion. Billings in the quarter also rose by 26% to $2.0 billion. The rock-solid consistency of revenue and billings growth in this quarter and as projected for the rest of the year got a cheer from the market. In after-hours trading shares gained 8.56%.
July 5, 2022 | Daily JAM, Dividend Income, KMB, Stock Alerts |
As I said in my recent video “Quick Pick Kimberly-Clark,” I’m adding this stock to my Dividend Portfolio effect tomorrow July 6. The stock pays a dividend of 3.39%. That’s not knock-your-socks-off stuff, but very good for a very defensive consumer staples stock as we move closer to a recession. The stock is down 2.69% year to date as of the close on July 1 but the shares are up 10.31% in the last three months
June 17, 2022 | Daily JAM, Stock Alerts, Volatility |
I’m looking for stocks and ETFs that will go up even if the stock market as a whole goes south and Teucrium Corn ETF (CORN) is a good candidate. (Year to date return is 35% as of the close on June 16.)
June 17, 2022 | Daily JAM, Jubak Picks, Stock Alerts, Volatility |
I’m using the continued weakness in natural gas prices and in the U.S. Natural Gas Fund (UNG) to add the shares to my Jubak Picks Portfolio. The U.S. Natural Gas Fund was down another 5.90% today to close at $23.78.
June 12, 2022 | Daily JAM, Dividend Income, Stock Alerts, TFC |
On Friday in my Quick Pick video on YouTube (have you subscribed yet–why not? It’s free and that way you’ll know when a new video goes up) I said I would add Truist Financial (TFC) to my Dividend Portfolio on Monday. And so I will. My rule of thumb at the moment is to buy dividend-paying stocks when the yield breaks 4%. At the time I shot the video, Truist paid 4.1%. Thanks to Friday’s sell off and the stock’s 3.69% drop, the yield rose to 4.18%.
May 13, 2022 | Daily JAM, MIDD, Stock Alerts, Top 50 Stocks |
My one-hundredth-and-thirty-fourth YouTube video “Quick Pick Middleby” went up today. My Quick Pick this week is Middleby (MIDD), a manufacturer of restaurant equipment. I’ve been following the company for 20 years, during which time they’ve pursued basically the same slow and steady strategy of acquiring smaller players in their market area (where they are the largest player) and them using Middleby’s marketing leverage to grow sales at the acquisition. The stock took a hit on its recent announcement that it expects to feel the impacts of inflation and supply chain difficulties. It’s difficult to catch a falling knife, but I think this stock is a good buy long term and I am adding it back to my 50 Stocks Portfolio, which has a holding period of 5 plus years.
