Fundamental Analysis Archive
Stocks ARE Cheap - A Response To Tim Knight
February 24, 2009 · Category: Fundamental Analysis, Top Gun Financial Planning
This morning, leading blogger, technical analyst and master trader Tim Knight went off on me for yesterday's post in which I argued that stocks are cheap. Knight starts off his post, "The Bullish Mindset", this ...
Posted by Greg Feirman · No Comments »
Stocks ARE Cheap And Anyone Who Says Otherwise Doesn’t Know What They’re Talking About
February 23, 2009 · Category: Fundamental Analysis, Stocks
One of the arguments that really annoys me these days is when somebody claims that even after the 50% decline in the major indexes stocks aren't cheap. The argument usually posits some estimate of 2009 ...
Posted by Greg Feirman · 2 Comments »
Tremendous Value In Cisco
If you'd told me in 2000 that one day we'd own Cisco, I'd have said you were crazy.
- Russell Croft , Co-Manager, Croft Value Fund, quoted in "Value Funds Awash In Deluge of Choices: Market Rout ...
Posted by Greg Feirman · No Comments »
Caterpillar, Black & Decker And The Process of Adjustment
Our sales stayed pretty strong through October and well into November. We pretty much hit a wall in December.
- Jim Owens (subscription required), CEO Caterpillar
The depth and duration of economic decline throughout the world makes it ...
Posted by Greg Feirman · No Comments »
Google Is Priced For A Severe Recession Too
Google (GOOG) just now reported a solid 4th quarter (GOOG Earnings Release). Revenue after Traffic Acquisition Costs were $4.22 billion and EPS $5.10 - beating analysts consensus of $4.12 billion and $4.95. Shares are up ...
Posted by Greg Feirman · No Comments »
Microsoft Shares Priced For Severe Recession
It is also clear that we are not immune to the effects of the economy. Consumers and businesses have reined in spending, which is affecting PC shipments and IT expenditures.
- Steve Ballmer, Microsoft CEO, in ...
Posted by Greg Feirman · No Comments »
Why The Stock Market Is Irrational Right Now
November 21, 2008 · Category: Fundamental Analysis, Macro Economics, Market Commentary, Sentiment Analysis, Stocks
One of the things about Wall Street is that it is incredibly short term focused. Investors, including (especially?!) professionals, tend to care about the here and now and possibly a year out.
If you do this, ...
Posted by Greg Feirman · No Comments »
Dell Is Trading For 4 Times Earnings
November 13, 2008 · Category: Fundamental Analysis, Stocks
I just want to give you an example of how absurdly cheap stocks are right now.
Today, on the back of Intel's reduced forecast and Goldman Sachs putting them on their Conviction Sell list, Dell traded ...
Posted by Greg Feirman · No Comments »
Two Articles Ask “Are Stocks Cheap?” And Reach Different Conclusions
October 27, 2008 · Category: Fundamental Analysis, Market Commentary
"How low are P/E ratios? Valuations are low only if you have short memory", Mark Hulbert, MarketWatch, October 23, 2008
Mark Hulbert writes that the S&P's trailing P/E ratio on the last 12 months reported earnings ...
Posted by Greg Feirman · No Comments »
A Severe Recession Is Now Priced Into Stocks
On February 8th, with the S&P trading around 1330 I wrote "Stocks Now Priced For Mild Recession".
Because I was expecting a severe recession, I didn't yet feel that stocks fully discounted what was on the ...
Posted by Greg Feirman · No Comments »
