The Roadmap Ahead: Taking Inflation’s Measure
Ahead of the important March CPI this morning it seems like a good time to take a look at the road ahead for the next bunch of weeks. The first thing is that the rally off the March 14 lows…
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AZO ORLY: Why The Auto Parts Retailers Will Continue To Outperform
I was talking to a young woman who likes working on cars and wants to start investing in stocks the other day and it occurred to me that the auto parts retailers Autozone (AZO) and O’Reilly (ORLY) might be the…
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Fade Elon’s “Billionaire Retail Therapy”
First off let me say that I love Twitter (TWTR). I find it to be a terrific platform for following smart and insightful people as well as sharing my own ideas. However, I don’t believe Elon Musk’s investment in the…
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CAG: The Most Boring Stock In The World
$16 billion market cap packaged food company Conagra (CAG) – which reports earnings this Thursday morning – is the most boring company in the world. With brands like Marie Calendar’s and Healthy Choice and a stock that has traded in…
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SCHN For The Present, TLRY For The Future
There’s not a lot on the earnings calendar for the week of April 4 through April 8 but there are two stocks that are interesting to me. Steel recycler Schnitzer (SCHN) and marijuana company Tilray (TLRY) both report Wednesday morning…
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Time To Buy WBA
For those of us in the United States, when we need to go to the drugstore it’s either Walgreens (WBA) or CVS. Personally I don’t have a preference though I know some people prefer one or the other. What consumers…
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Recent Earnings Reports Suggest Economic Growth Has Peaked
A close analysis of earnings reports from five companies over the last two weeks suggests to me that economic growth has peaked. The clearest example of a coming slowdown comes from $10 billion home furnishings retailer Restoration Hardware (RH). On…
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Inflation And Reopening Take A Bite Out Of CHWY
Online pet retailer Chewy (CHWY) reported 4Q21 earnings after the close Tuesday. In this blog, I’m going to analyze those results because I think they shed light on some important macro trends. The first macro trend is economic reopening. During…
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Sniffing Out A Housing Top
Two of the big public homebuilders – Lennar (LEN) and KB Homes (KBH) – reported FY1Q22 earnings in the last week. (Their fiscal year quarters ended on February 28, 2022). A look at their results – and the charts –…
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Take A Flyer On FDX
Federal Express (FDX) is a legendary company but its stock is currently hated. I’m not going to pretend to know the reasons why. What I do know is that it’s a great company, trading at a trough multiple in an…
