April 27, 2022 | Daily JAM, Jubak Picks, MSFT |
On Tuesday, April 26, Microsoft (MSFT) reported net income of $16.73 billion or $2.22 share for the company’s fiscal third quarter. That was up from net income of $15.46 billion or $2.03 a share in the third quarter of fiscal 2021. Wall Street analysts had projected earnings of $2.19. The company reported revenue of $49.36 billion in the third quarter, compared with $41.7 billion a year earlier. Wall Street was looking for revenue of $49.05 billion. For the fiscal year that starts on July 1 Microsoft forecast double-digit revenue growth. The company’s shares closed up 4.81% on Wednesday, April 27. Microsoft is a member of my Jubak Picks Portfolio where it is up 179.25% from my initial buy on June 4, 2018. As of April 27 I’m raising my target price on Microsoft to $352 a share from the prior $155.
April 25, 2022 | AAPL, ABBV, AMZN, BMY, CMG, Daily JAM, FB, GOOG, Morning Briefing, MSFT, PYPL |
Going into this earnings season, the hope was that strong, surprisingly strong perhaps, earnings from the big growth stocks would put a stop to the selling. Earnings would be strong enough to convince investors that the market wasn’t over-valued since at these growth rates stocks would be seen to be quick growing into current extended valuations That hasn’t exactly worked so far. But this week the earnings story from growth stocks hits its stride. If the companies reporting this week can’t make the case for growth stock earnings, there probably isn’t a growth stock story to be made in the light of Federal Reserve interest rate increases, supply chain disruptions, and fears of a recession.
March 22, 2022 | Daily JAM, Special Reports |
In order to meet my 5 p.m. “in your inbox” deadline today, I’m going to give you the name of my 12 picks and the logic for dividing them into three groups that correspond, roughly, to when you should thinking about adding these stocks to your portfolio.
But I’m going to save the specific reasons for each one of these 12 stocks to tomorrow. I’ll add them to the standing Recession Special Report and create a separate “reasons” post then. I’d divide my 12 Recession Stock Picks into 3 groups.
March 21, 2022 | Daily JAM, Morning Briefing |
Monday was a great day to be invested in stocks. As long as you were invested in commodity stocks.
March 21, 2022 | Daily JAM, Special Reports |
A Recession is coming! Probably.The odds are now high enough so that you and your portfolio should pay attention. So there are really three important questions. First, how likely is a Recession?In this Special Report I’m going to lay out the reasons for thinking that a Recession is on the way. Probably in the second half of 2022 or in 2023. Second, what strategies should you, as an investor, use to navigate in your portfolio through a Recession? In this Special Report I’m going to explain three strategies–call them general rules of the road–for investing during (and after) a Recession.
And, third, what specific stocks or bonds or ETFs or options should you use to implement those strategies to give you the biggest investing edge possible during this Recession? That’s where the 10 Recession Stock Picks come in. Look for that post tomorrow, March 22.
February 14, 2022 | Daily JAM, Long Term, Special Reports |
To get to my 10 picks for my Special Report: A New Core Portfolio for a New Market, let me start with the second half of that title, the new market part. Why do I think we’re headed into a new market–and what kind of stock is this new market likely to reward with gains? And then onto my 10 picks for a New Core Portfolio.
January 26, 2022 | Daily JAM, Jubak Picks, MSFT, Stock Alerts, Top 50 Stocks |
The reaction to Microsoft’s (MSFT) earnings report yesterday after the market close tells you that this market is poised at an earnings inflection point. Earnings, especially technology company earnings, are going to be strong this quarter, but earnings growth rate will be down from the big Pandemic recovery growth rates of 2021. Will the solid earnings growth this quarter be enough to stabilize this market? Which brings me to Microsoft.
January 25, 2022 | Daily JAM, Short Term |
At the moment, Wall Street is memorized by tomorrow’s meeting of the Federal Reserve’s interest-rate setting body, the Open Market Committee. The meeting is almost certain to result in no action on interest rates or Treasury purchases or balance sheet draw downs. The Fed likes to announce policy actions at meetings replete with economic updates (the Dot Plot) and press setups. Those are missing at this meeting and present for the March 16 meeting. That’s the date when we’re likely to see the Fed actually do something. So what happens when the Fed does nothing and says nothing?
January 25, 2022 | Daily JAM, Morning Briefing, MSFT |
Last night after the close of trading, IBM (IBM) reported earnings (excluding one-time items) of $3.35 a share for the December quarter. Analysts were looking for $3.23. Gross margin was 56.9%, beating the 56.1% analysts expected. Which leads to the important question of whether BIG TECH earnings and revenue reports, due in the next week, will stabilize stock prices/
January 20, 2022 | AAPL, Daily JAM, GOOG, Jubak Picks, MSFT, Top 50 Stocks, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My ninetieth YouTube video “3 Picks on Tech Stock Guidance” went up today.
January 18, 2022 | AMAT, Daily JAM, Jubak Picks, Millennial, MSFT, Short Term, Special Reports, Top 50 Stocks, TSM |
In the first section of this Special Report: When will the selling stop? When to buy What to buy” posted back on January 11, I said that I’d look to buy in tiers. And thus stagger my buying to take account of any earnings season selling and any volatility around the Fed’s January 26 meeting. In the first tier, I said, back on January 11, I said I’d look for former momentum and earnings growth favorites, especially in the technology sector, that had taken big hits in the selling from the November 19 high. The three first tier buys were Nvidia (NVDA), Advanced Micro Devices (AMD), and and the first three buys back on January 11 were Nvidia (NVDA), Advanced Micro Devices (AMD, and Adobe (ADBE). I said I’d name my second tier picks after bank earnings. Which means today.
January 7, 2022 | AMZN, Daily JAM, MSFT, NVDA, Videos |
I’m starting up my videos on JubakAM.com again–this time using YouTube as a platform. My eighty-fourth YouTube video “3 Picks for When the Tech Selling Stops” went up today.
