Seeking Alpha
  • Apple Rated Juicy: Why Would Anyone Be Bearish Into The iPhone 6 Launch?
    AAPL Today, 3:06 AM Orange Peel Investments 3 Comments

    Summary

    • Apple has serious chart momentum behind it, but the ultimate test is going to be $100.
    • With the upcoming iPhone event just days away, we can't find a reason to try and stand in front of Apple right now.
    • We will reassess our view on the company after the event and several more weeks of trading, which should give the chart some transparency.
  • KapStone Paper - Awaiting A Better Entry Level In A Long Term Value Creator
    KS Today, 2:07 AM The Value Investor Comment!

    Summary

    • Deutsche Bank turns optimistic on KapStone Paper, adding to multi-year momentum.
    • The company has created value in an industry which traditionally has destroyed a lot of shareholder value.
    • I like the company and its track record, but won't buy at any price.
    • A $25 entry point, representing a 10 times earnings multiple during the good times in the economy cycle is my targeted entry point.
  • Kellogg's Past Is A Good Indicator Of Its Future
    K Today, 1:37 AM Balanced Investing Comment!

    Summary

    • Kellogg’s last quarter showed the problems being faced by the company as revenue and profit fell.
    • The company’s present plans to improve its bottom line and some measures directed towards the top line are unconvincing.
    • Better alternatives in the food industry offer a safer return on investment.
  • Sony Hits The Hardware At Gamescom
    SNE Today, 1:22 AM John McKenna Comment!

    Summary

    • SNE reports 10 million consoles sold since November, giving them an early lead in the console wars.
    • Announces Share Play, allowing users to share games online without buying additional copies.
    • Didn't blow anybody away at Gamescom 2014, but lead over MSFT, Nintendo made it unnecessary to do so.
  • Macy's: A Value Stock
    M Today, 1:12 AM Balanced Investing Comment!

    Summary

    • The retail store operator was able to rake in $6.267 billion in the second quarter of 2014, representing an increase of 3.3% year on year.
    • Top line growth contributors: improvement in weather conditions, promotional activities, employment of MOM strategies, refurbishment of Herald Square flagship etc.
    • Operating income margin improved from 8.8% in the second quarter of 2013 to 9.1% in the most recent quarter.
    • Higher ROA and ROE are depicting Macy’s to be a cut above the industry peers.
    • The stock is highly undervalued based on its P/E and is offering a dividend yield of 2.18%.
  • Ruby Tuesday: Sell While Momentum Is High
    RT Today, 12:13 AM Renee Butler Comment!

    Summary

    • Ruby Tuesday has seen large gains this week after CEO Buettgen purchased 50,000 shares of the company.
    • Insider purchases can point to go things, but not always. Ruby Tuesday is expecting flat revenue, has low profit margins, a low current ratio, and isn’t effectively harnessing its market.
    • As the economy contracts, Ruby Tuesday will end up facing hard times. Investors would be wise to sell now while momentum is high.
  • Ingersoll-Rand - Despite A Nice Deal, Appeal Is Limited At Current Levels
    IR Yesterday, 8:52 PM The Value Investor Comment!

    Summary

    • Ingersoll-Rand acquires the centrifugal compression business from competitor Cameron.
    • Investors like the deal given the sizable synergy estimates, resulting in solid anticipated accretion to earnings.
    • The premium valuation, leveraged position and cyclical results creates no appeal in my eyes.
  • Could WhiteWave Foods Be The Next Acquisition For Coca-Cola?
    WWAV, KO Yesterday, 7:41 PM Dan Strack 10 Comments

    Summary

    • Coca-Cola has been acquiring fast growing beverage companies and WhiteWave Foods fits the bill for an acquisition.
    • WhiteWave product lines include Silk brand soy and almond milk, International Delight coffee creamer, Horizon Organic dairy products and Earthbound Farms organic produce.
    • WhiteWave revenue increased 36% in 2Q14 and is expected to continue this pace through the remainder of 2014.
  • Samsung Plugs Into The Internet Of Things: Powers Up For Q3
    SSNLF Yesterday, 6:58 PM Don Dion 1 Comment

    Summary

    • Samsung recently announced its acquisition of US company SmartThings, which builds ways to connect home devices.
    • The acquisition should solidify Samsung's competitive position, alongside rivals Apple and Google, with regard to the new "internet of things."
    • The acquisition makes strong strategic and fiscal management sense, given Korea's newly instated corporate tax.
    • With solid results YTD and growth at home and abroad, we reiterate our positive stance on Samsung in the second half of 2014.
  • A Few Reasons To Invest In Sierra Wireless For The Long Run
    SWIR Yesterday, 6:30 PM Ayush Singh 7 Comments

    Summary

    • Good quarterly performance is a sign of better things to come.
    • Sierra Wireless is well-positioned to benefit from the "Internet of Things" market.
    • The company's partnership with Cisco and Philips will prove to be beneficial in the long run.
    • Sierra is a great buy at present valuations.
  • GT Advanced Technologies: Philip A. Fisher's 15-Point Analysis
    GTAT Yesterday, 6:21 PM Jonathan Fishman 21 Comments

    Summary

    • Philip A. Fisher, one of the greatest contributors to modern investment philosophy, believed there are 15 points that an outstanding investment must meet.
    • Under the constrain of length, I applied Fisher's 15 points to GT Advanced Technologies.
    • GT meets the vast majority of all 15 points, which make it an outstanding long-term investment.
  • Dillard's: A Break In Share Price Momentum Means More Downside Ahead
    Editors' Pick DDS Yesterday, 6:16 PM Alpha Gen Capital Comment!

    Summary

    • The shares have risen substantially from the 2008 lows but the company has not realized any revenue growth over that time period.
    • The company's earnings growth has largely come from margin expansion and share buybacks, both of which appear unsustainable.
    • The second quarter earnings recently released appear to have broken what was a momentum stock and will likely create a rush to the exits.
  • Why HP's $199 Laptop Is Good For AMD
    AMD Yesterday, 6:05 PM Chris Lau 15 Comments

    Summary

    • Light Q2 chip sales for computers weighed on AMD.
    • Sub $200 laptops feature AMD processors.
    • Contribution to its rebound in PC market analyzed.
  • Herbalife And The MLM 'Industry:' The Long And Short Of It
    HLF Yesterday, 5:51 PM Rogier van Vlissingen 36 Comments

    Summary

    • David Einhorn kicked it off by asking the right questions: retail sales - more relevant today even.
    • Bill Ackman took action based on in-depth due diligence and a holistic picture of the problem.
    • E. Robert Smith's book "Downline" appeared serendipitously. Are congressional hearings in the offing?
    • Hell on Deals introduced an unexpected new angle, potentially of interest to the SEC and the FinCEN/Treasury.
    • The FTC and SEC remain silent on what is now collectively a bigger regulatory oversight than Enron and Madoff combined. Smart money is moving on.
  • Rackspace Hosting Is A Buy
    RAX Yesterday, 5:26 PM R.S. Analytics 2 Comments

    Summary

    • Rackspace filed an 8k reporting that it has been approached by multiple companies expressing interest ranging from partnership to acquisition.
    • High profile hedge funds have recently reported initiating large positions.
    • Technicals indicate a bounce and positive momentum trend.
  • One Thing Is Odd
    AMZN Yesterday, 5:08 PM Paulo Santos 55 Comments

    Summary

    • The Fire Phone was celebrated by the analyst community when launched.
    • Like with so many other Amazon.com events, great estimates were awarded to the phone.
    • Yet, here we are, faced with hard data and the analysts are nowhere to be seen. Like with other instances, there seems to be something odd about it.
  • Dynasil Corporation: Turnaround In Full Effect, Still Undervalued
    DYSL Yesterday, 4:57 PM Thomas Rice Comment!

    Summary

    • Dynasil has succeeded in getting rid of its underperforming, instrumentation segment, allowing the company to regain a solid financial standing.
    • Dynasil now has two major segments that are growing and profitable.
    • Dynasil, despite its recent growth in share price, is still undervalued with growing revenue opportunities and a virtually untapped intellectual property.
  • Sell AMD: Traditional Markets Will Do Damage
    AMD Yesterday, 4:51 PM Alex Cho 61 Comments

    Summary

    • AMD's sales mix weakened results in its visual segment, which was in-line with my expectations.
    • Further deceleration in traditional CPU/GPU market share will most likely continue.
    • Broadwell will continue to diminish AMD's competitiveness in the standard CPU channel, and assuming there's further deterioration in this market, AMD's consolidated results will disappoint.
  • Cabela's May Not Be All That It Seems
    CAB Yesterday, 4:46 PM Dana Skold 3 Comments

    Summary

    • Cabela's consolidated sales results are solid.
    • However, Cabela's financial subsidiary has delivered most of the recent revenue growth and holds the greatest financial liabilities.
    • Cabela's has produced some concerning recent earnings per share results.
  • Nintendo: The Strategy Is To Not Pull A Sega
    NTDOY Yesterday, 4:35 PM Ravi Bala 1 Comment

    Summary

    • The first party to third party shift is harder than you think.
    • The plethora of first-party titles coming out before Christmas will tremendously boost Nintendo’s Wii U sales.
    • Big gaming conventions usually indicate what consoles will be “hot."
  • Bitauto: Positioning To Capitalize On The Pre-Owned Segment
    BITA Yesterday, 4:31 PM WestEnd511 Comment!

    Summary

    • Bitauto's recent JV with LAS and Yongda reflects the company's commitment to enter the fast-growing used car segment.
    • The JV with LAS will focus on northern China, while the JV with Yongda will focus on eastern China.
    • Dealers are the ultimate winner of this deal, while the benefits to Bitauto remain to be seen. Reiterating my cautious view on the stock.
  • The Simple Case For Intel
    INTC Yesterday, 4:24 PM ColoradoWealthManagementFund 18 Comments

    Summary

    • Dividends are returning cash to investors, share buybacks are just offsetting creation of new shares.
    • The company's interest burden is a source of income rather than expense.
    • Intel's margins have been trending down, but part of that is an increase in research and development.
  • KBC Group: International Markets Business Units Is Holding This Belgian Banking Gem Down For Now
    KBCSY Yesterday, 4:19 PM Dieter Plas Comment!

    Summary

    • Main markets are set for nice GDP growth: Czech Republic, Hungary, Slovakia.
    • Non-performing loans percentage seem high at 6.5%, but troubles in Ireland are under control. If we'd exclude Ireland, NPL would be as low as 3.9%.
    • The Group transformed completely and became thinner, fitter and healthier with less Risk Weighted Assets and a very clean balance sheet.
    • Belgium and Czech Republic are core-markets any bank could only dream of. Return on allocated capital is as high as 25% for Belgium and 41% for Czech Republic.
  • Is It Time To Invest In Extended Stay America?
    STAY Yesterday, 4:16 PM Lavish Investor Comment!

    Summary

    • STAY is a hotel company that specializes in longer term stays.
    • As economy improves, consumer discretionary and vacation spending could increase.
    • Increased mobility expected by employers can lead to more revenue for extended stay hotels.
  • Whole Foods Market Investors Need To Relax, But Don't Overpay
    WFM Yesterday, 3:51 PM Stone Fox Capital 6 Comments

    Summary

    • Whole Foods remains a relatively small grocery chain.
    • Comp sales are solid especially at new stores.
    • Valuation metrics still have room for contraction.
  • Stock Yards Bancorp: Not Great But Good
    SYBT Yesterday, 3:46 PM Investment Standard 2 Comments

    Summary

    • Small banks with assets less than $100 million are merging with slightly bigger banks, creating growth opportunities for slightly bigger banks.
    • Second quarter earnings growth.
    • Disadvantage in Variable interest rate - advantage in non interest income.
  • Avigilon - Opportunity For Significant Upside At A Discount
    AIOCF Yesterday, 3:41 PM Pine Brook Securities 7 Comments

    Summary

    • Despite remarkable revenue growth, concerns regarding Avigilon's long-term strategy have recently surfaced.
    • After jumping over 160% in 2013, the company is down over 40% in 2014, creating a strong buy opportunity.
    • Company is still a strong player operating in a rapidly growing industry, and is undervalued by over 50%.
  • Argentina's Default: Should You Buy YPF?
    YPF Yesterday, 3:33 PM Adrian Limoli 2 Comments

    Summary

    • Argentina’s default is a reality and has consequences.
    • The default situation will most likely continue to stretch throughout 2014.
    • YPF remains an interesting asset.
  • Canadian Natural Resources: Upside Potential With Downside Protection
    CNQ Yesterday, 3:31 PM Price Point 2 Comments

    Summary

    • CNQ has outperformed most of its peers YTD.
    • The company is expected to grow production at a strong 9% CAGR for the next 5 years.
    • CNQ does not only offer strong double-digits liquids production growth but the company’s solid long-life asset base also provides sufficient downside protection.
  • Google's Toothbrush Test Has Left Cavities
    GOOGL, GOOG Yesterday, 3:25 PM Douglas Ehrman 5 Comments

    Summary

    • A recent New York Times articles explains the toothbrush test.
    • Despite Google's success, it has some weaknesses.
    • Understanding these is key to making long term assessments of the stock.
  • Bank Of China Is Priced For A Major Catastrophe
    BACHY Yesterday, 3:20 PM Sebastien Couvidat 8 Comments

    Summary

    • Bank of China Limited is severely undervalued, despite very good financial results compared to major U.S. banks like Wells Fargo and Bank of America.
    • The U.S. stock market appears fairly valued or even overpriced now, while the Chinese market is one of the cheapest in the world: investing in China makes sense.
    • On a fundamental level, Bank of China is a buy.
  • Cür Media: Unique Opportunity To Invest In Pure Play Streaming Music Start Up
    CURM Yesterday, 3:17 PM Lisa Thompson 2 Comments

    Summary

    • At a valuation under $50 million, this start-up could provide considerable upside should it succeed or be acquired.
    • Streaming music is a high growth nascent industry displacing digital downloads and physical media.
    • A seasoned team with industry insiders should be able to succeed with its unique offering.
  • A 2016 Elections Investment
    RGR, SWHC Yesterday, 3:13 PM Ugly Duckling 5 Comments

    Summary

    • Currently, Hillary Clinton leads every Republican contender by about 10% in the polls.
    • Clinton is an outspoken advocate of tighter gun control.
    • History has show consistent sales surges in gun sales during election years, especially when Democrats are favored.
  • Zacks' Bear Of The Day: Roundy's
    RNDY Yesterday, 3:07 PM Zacks Investment Research 2 Comments
  • TASER International Jumps On Ferguson Violence. Is It A Buy?
    TASR Yesterday, 3:06 PM Dan Strack 3 Comments

    Summary

    • TASER International is an industry leader in wearable video cameras used by police departments and law enforcement agencies.
    • The company's Evidence.com and video segment increased sales by 136% in 2Q14 to $4.5 million.
    • Studies have shown police officers wearing cameras has a direct correlation to reduced citizen complaints and the reduction in use of force.
  • Why Is Priceline Investing In This Stock?
    CTRP Yesterday, 3:00 PM Bill Gunderson 2 Comments

    Summary

    • As evidenced by the latest retail numbers, the U.S. consumer is spending selectively.
    • The Fed-driven economic expansion has been good for investors, but other factors appear to be weighing on consumer optimism.
    • So I am looking for better opportunities overseas like the Chinese online travel company Ctrip.
  • Zacks' Bull Of The Day: MKS Instruments
    MKSI Yesterday, 2:57 PM Zacks Investment Research Comment!
  • Dynatronics' Debt Trouble On The Decline
    DYNT Yesterday, 2:49 PM Andrew Sachais Comment!

    Summary

    • Dynatronics' sale of its Cottonwood Heights building should improve cash Flow.
    • Cash flow generation is expected to help the company pay down its debt burden.
    • Reduced debt burden, and increased product demand should have positive effects on the company's share price.
  • Yum Brands Needs Taco Bell's Strength To Outshine China Food Worries
    YUM Yesterday, 2:35 PM Chris Katje 1 Comment

    Summary

    • Food safety issues will hit China division sales.
    • Taco Bell continues to market well against rivals and expand menu offerings.
    • Taco Bell same store sales among best for company.
    • Strength at Taco Bell leading to increased franchising power of brand.
  • 2 More Positive Steps For Cameron International
    CAM Yesterday, 2:25 PM Stephen Simpson, CFA Comment!

    Summary

    • The OneSubsea joint venture expands to include an alliance with Helix Energy Solutions, creating more exposure to the fast-growing offshore well intervention market opportunity.
    • Selling the centrifugal compression business to Ingersoll Rand generates a good cash haul for further buybacks and largely completes management's non-operating to-do list.
    • Cameron is not especially cheap right now, but continuing to execute can lead to upside to 2015 numbers.
  • John B. Sanfilippo: Transformed CPG Company With Large Upside
    JBSS Yesterday, 2:21 PM Howie Man 5 Comments

    Summary

    • Growing consumer packaged goods company trading at a significant discount – 6.5x EV/EBITDA and 7.5x EBITDA-capex.
    • Transformed into high return, non-cyclical, branded business with stable earnings.
    • +75% upside with near-term catalysts.
  • Intel Is Finally At Qualcomm's Doorstep
    INTC Yesterday, 2:17 PM Alex Cho 49 Comments

    Summary

    • Intel Broadwell M significantly improves upon power consumption and performance.
    • Qualcomm has a lot of short-term solutions in store to keep Snapdragon 810 competitive with Broadwell M.
    • However, the added competitive pressure definitely weighs on Qualcomm and puts Intel in a significantly better position to gain mobile wins.
  • E-Commerce Giant eBay Is An Attractive Investment
    EBAY Yesterday, 2:11 PM Alpha Strategist 12 Comments

    Summary

    • eBay, the world’s largest online marketplace has a growing base of over 150 million active accounts. The E-commerce giant leads the evolution of commerce as a long-term player.
    • Its strength can be seen in the healthy growth of its key matrices. Its volumes are increasing and it is well positioned to capture the transition to m-commerce.
    • eBay is focusing on increasing penetration in the emerging markets and recently launched a website for Latin America. Census target price and relative valuation show an upward potential.
  • Cyber Security Industry Helping Verint Grow
    VRNT Yesterday, 2:07 PM David Hernandez Comment!

    Summary

    • Management has been able to steadily grow revenue while increasing profitability.
    • The recent acquisition of KANA will help solidify the company's strong WFO market position. However, the WFO industry is maturing and slowdown.
    • The cyber security industry's passive security strategy isn't producing great results. This has rapidly increased the demand for active threat detection.
    • Verint's WFO experience translates well to the cyber security industry due to similar software requirements. Active threat detection and WFO software both need to quickly organize and analyze data.
    • Management's responsible growth strategy and fairly priced stock offer investors a good investment opportunity.
  • Mountain Province Diamonds' Rich Gahcho Kué Diamond Mine
    MDM Yesterday, 2:05 PM Christopher De Sousa Comment!

    Summary

    • The Gahcho Kué mine expects to produce the highest diamond revenues and margins compared to new diamond mines from industry peers.
    • Mountain Province estimates to generate strong cash flows, and pay a 10% dividend to shareholders within the next five years.
    • Industry experts forecast diamond demand to outstrip supply for the next 10 years, giving earnings upside for the company as diamond prices surge.
  • Why Investors Should Embrace Glu Mobile Again
    GLUU Yesterday, 2:04 PM Stone Fox Capital 12 Comments

    Summary

    • Past weaknesses in Glu Mobile were opportunities to buy.
    • Dips caused by stock offerings should be embraced.
    • Initial success of "Tap Sports Baseball" provides another surprise catalyst.
  • Now Might Be The Time To Look At Aeropostale As A Short
    ARO Yesterday, 1:54 PM Daniel Jones 12 Comments

    Summary

    • On Aug. 19, shares of Aeropostale soared after news broke that it was reinstating its former CEO and had pre-released revenue and earnings.
    • Revenue and earnings beat out analyst forecasts, but based on the data provided, Aeropostale is still sinking.
    • This data is accompanied by evidence from recent years - falling sales and recent losses - which suggests that a radical change needs to be made if Aeropostale is to be saved.
  • Microsoft: Fairly Valued And Heading Into A Year Of Big Changes
    MSFT Yesterday, 1:51 PM Joseph Harry 7 Comments

    Summary

    • Microsoft is shifting its legacy businesses onto the cloud.
    • Satya Nadella's vision is perfect for this change.
    • The company continues to grow earnings and revenues at a good clip.
    • Microsoft is extremely shareholder friendly with a fortress-like balance sheet.
    • The company is entering its fiscal year 2015 focused with a new vision.
  • Merck: No Real Upside Catalysts On The Horizon
    MKGAF Yesterday, 1:45 PM Seeking Early Retirement Comment!

    Summary

    • The German Merck KGaA combines a unique portfolio of pharmaceuticals and specialty chemicals for the electronic industry.
    • Merck Serono is a leading player in the biopharmaceutical industry, but with a slim pipeline.
    • The Performance Materials division dominates the highly profitable market of liquid crystals for display materials.
    • Merck seems to be on track to deliver modest growth, but no big jumps can be expected in the near future.
  • Glentel Part 6: Normalized Earnings, Valuation, M&A And Risks
    GLNIF Yesterday, 1:29 PM Monte Sol Capital 1 Comment

    Summary

    • GLNIF's normalized earnings are approximately $2.00 per share.
    • Based on 2016 estimates, GLNIF trades for 6x cash earnings and 3x EV/EBITDA.
    • Cheap M&A provides opportunities for further value creation over time.