Top 50 Stocks
February 23, 2021 | Daily JAM, Dividend Income, Jubak Picks, Morning Briefing, Top 50 Stocks, Volatility |
Yesterday tech tumbled but utilities, commodities like copper and even gold, and many “vaccine recovery” plays gained. Today almost everything is down.
Which to me is a sign that this now 6-day downturn is getting closer to an end. Right now, as of 1:30 a.m. in New York the NASDAQ is off another 2.32%. The brings the drop from the mid-february high to 6%. A little more than half way to a 10% correction. I don’t think we’re at the bottom yet. But I am looking for growth stories–which is not the same as “momentum growth stocks”–where the selling has created an opportunity.
February 16, 2021 | Daily JAM, ISRG, Jubak Picks, Millennial, Stock Alerts, Top 50 Stocks |
In my first 10 (actually to be 11 since I’ve got another pick up my sleeve) picks for my new Millennial Portfolio (for investors who have more time than money) I’ve been on the hunt for shares of companies with long, long revenue and earnings growth runways ahead of them, with short-term catalysts that might produce enough of a gain in the near term to keep investors on board for the long run, and some bad news in the present that been negative enough to take a bite of the stock price. Today, February 15, I’m adding Intuitive Surgical to my Millennial Portfolio and to my Jubak Picks Portfolio
February 12, 2021 | Daily JAM, DIS, Stock Alerts, Top 50 Stocks, You Might Have Missed |
Disney shares drop 1.7% today as traders take profits after yesterday’s beat on fourth quarter earnings and revenue
February 3, 2021 | Daily JAM, Long Term, Millennial, NTCO, Top 50 Stocks |
It’s hard being a long-term contrarian investor in a short term market dominated by momentum trading. But I think the rewards from that discipline will be substantial–if an investor has a long enough time horizon to wait out short-term negative trends.
Today, I’m adding Natura & Company Holding (NTCO) to my Millennial Portfolio.
January 28, 2021 | AG, Daily JAM, DIS, FCX, FQVLF, GDX, GOLD, Jubak Picks, MGM, Morning Briefing, SCCO, Top 50 Stocks |
U.S. GDP growth slowed in the fourth quarter, gaining just 1% from the third quarter. For the full year the U.S. economy contracted by 3.5%. That makes 2020 the first time that the economy has contracted for a full year since 2009 and the Great Recession. At the bottom of that recession that economy contracted by 2.5%. 2020 is also the worst year for economic growth since 1946 when the economy shrank by 11.6% as the country demobilized after World War II. Consumer spending slowed in all 15 categories tracked by the Bureau of Economic Analysis. The sectors that had powered the recovery in the third quarter–restaurants and hotels, for instance–reversed. The growth in spending on cars and health car also slowed from the acceleration in the third quarter. So why is this good news as far as the stock market is concerned?
January 25, 2021 | Daily JAM, Millennial, NJDCY, Stock Alerts, Top 50 Stocks |
Nidec (NJDCY) shares gained another 7.69% today, after the maker of electric motors for hard drives, robots, and electric vehicles, raised its annual outlook for the fiscal year that ends on March 31. The new outlook forecasts operating income of 155 billion yen ($1.5 billion) versus the older forecast of 140 billion yen. The company authorized share buybacks of up to 50 billion yen, or about 0.7% of the company’s stock.
January 14, 2021 | AMAT, Daily JAM, Jubak Picks, Top 50 Stocks |
As I noted in my January 13 video “4 picks for the chip shortage,” investors are looking at shortage of silicon chips that has hit the auto industry especially hard and that argues for a multi-year increase in capital spending to expand chip production at foundry companies such as Taiwan Semiconductor (TSM). As the world’s largest supplier of semiconductor manufacturing equipment, Applied Materials will see its revenue climb as a result of that capital spending. The company’s equipment can be found at almost every major step in cap manufacturing (with the exception of lithography) from chemical and physical vapor deposition to etching to defect-inspection scanning electron microscopes. The stock is up 60.04% in the last year, as of the close on January 13 with most of that gain coming in the last 3 months where the stock is up 51.9%. The shares are already a pick in my long-term 50 Stocks Portfolio where they’re up 91.8% from December 31, 2017. Today, I’m adding Applied Materials to my Jubak Picks Portfolio.
January 8, 2021 | Daily JAM, Stock Alerts, Top 50 Stocks, TSM |
Today, January 8, Taiwan Semiconductor Manufacturing (TSM), the worlds largest contract chipmaker, reported December sales that translate into record quarterly revenue with estimated sales in the quarter climbing to $12.9 billion (361.5 NT$). (The company reports its quarter on January 14.) The projections based on December revenue amount to a 25% increase in revenue in 2020 from 2019.
December 22, 2020 | Daily JAM, GLW, Stock Alerts, Top 50 Stocks |
“While Corning (GLW) shares have rallied, we believe that a ‘stronger for longer’ consumer trend augurs well for underlying demand drivers in Corning’s business segments exposed to consumer electronics, with further tightening in the glass supply demand environment due to outages at a major competitor,” wrote Citigroup analyst Jim Suva in a note to clients last week.There’s a shortage of the high-tech glass used in video displays, mobile phones, and cars. One reason is a power outage that damaged manufacturing equipment at a Japanese factory of Corning rival Nippon Electric Glass. But another reason is a pick up in demand for consumer electronics products.
December 17, 2020 | Daily JAM, GOOG, Top 50 Stocks |
Democratic and Republican attorney’s general from 38 states, led by Colorado and Nebraska, have filed an antitrust lawsuit against Google (GOOG). The suit alleges that Alphabet manipulates its search results to give its own products and services greater rankings over rivals—depriving web users from seeing the best options whenever they query the web for shopping, dining, and travel
November 3, 2020 | Daily JAM, NJDCY, Stock Alerts, Top 50 Stocks |
Can't say Nidec (NJDCY) isn't ambitious when it comes to expanding its share of the market for motors for electric vehicles in Europe, which has become along with China one of the world's top markets for electric vehicles. The Japanese company, based in Kyoto, will...
October 23, 2020 | ALV, Daily JAM, IFNNY, Jubak Picks, NJDCY, NXPI, Top 50 Stocks, Volatility |
Autoliv (ALV) reported third quarter earnings per share of either $1.48 (non-GAAP) or $1.12 (GAAP). (GAAP is generally accepted accounting principles.) That consensus was $1.09 a share on Wall Street. Revenue of $2.04 billion was in line with expectations and up 0.5%...
