Seeking Alpha
  • Nuance's Price Tag: 50% Upside
    NUAN Today, 7:48 AM Teodor Rasa Comment!

    Summary

    • Nuance is the industry leader in Voice-Recognition Technologies and a fast-growing Cloud Computing Company.
    • Recurring Revenue equates to 65% of all sales.
    • Private Market Value of $22.75 per share should be conservative price tag.
  • Buy Rand Worldwide Before It Completes Another Self Tender Offer And Goes Completely Private
    RWWI Today, 7:47 AM John Leonard, CFA Comment!

    Summary

    • The self-tender offer announced last month for half of the outstanding shares places a floor under the stock.
    • This transaction is an activist investor’s dream as it uses cheap debt and the strong balance sheet to repurchase shares trading at only 6.8x EBITDA.
    • The new majority shareholder purchased nine million shares from a PE firm and is run by Peter Kamin, who spent 11 years at ValueAct Capital as a founding member.
    • Even on a standalone basis, the stock is attractive given the improving fundamentals (double-digit revenue growth and FCF yield; EBITDA margin almost doubled since FY11).
    • The EBITDA multiple for its closest competitor is almost 2x higher; a potential pair trade (long Rand/short its primary supplier Autodesk) would reduce risk and isolate the strong company fundamentals.
  • 5 More Undervalued Companies For The Enterprising Investor To Research
    ALL, COF, DFS Today, 7:39 AM Benjamin Clark Comment!

    Summary

    • COF, DFS, ALL, VIAB, and NOC are all rated as suitable for the Enterprising Investor following the ModernGraham approach.
    • All five are found to be significantly undervalued according to the ModernGraham valuation model.
    • The market is implying a low growth rate, despite the demonstrated growth each company has achieved.
  • IPO Preview: Fifth Street Asset Management
    FSAM Today, 7:30 AM IPOdesktop Comment!

    Summary

    • A leading alternative asset manager with more than $5.6 billion of assets under management.
    • Proceeds to founding shareholder. Per share dilution same as IPO price.
    • 4.8% yield on Class A stock. Dual stock structure, Class A has 3.8% of votes. P/E of 29, price-to-book of 35.
  • What Happened To Schlumberger's $168 Price Target?
    SLB Today, 7:05 AM Rupert Hargreaves Comment!

    Summary

    • Earlier this year Morgan Stanley gave Schlumberger a $168 price target.
    • Since then the company's shares have fallen by nearly 20%.
    • This target is still relevant and the company's shares could still hit $168.
  • Priceline Is On Sale
    PCLN Today, 6:54 AM Stocks for the Long Run Comment!

    Summary

    • Priceline is an extraordinarily profitable business.
    • The stock is materially undervalued.
    • It is a strong candidate for the growth component of a long-term investor's portfolio.
  • Offshore Drillers, The Analysts Have It All Wrong
    ATW, DO, ESV Today, 6:52 AM Rupert Hargreaves 4 Comments

    Summary

    • Offshore drillers are falling and negative analyst commentary is fuelling declines.
    • However, some of this commentary cannot be trusted and is contradictory.
    • It's better not to listen to analysts, they are clouding the picture.
  • Netflix: Mark Cuban Misses The Boat And Why Shares Are Still Unattractive, Expensive And Overrated
    NFLX Today, 6:34 AM Justin Giles 2 Comments

    Summary

    • Mark Cuban buys 50K shares of Netflix.
    • Reasons why Netflix most likely won't be acquired.
    • Netflix's latest earnings report shows investors why it cannot support its current sky-high valuation.
    • Even after the earnings sell-off, shares of Netflix are still expensive and unattractive.
  • Kinross Gold Is Cleaning Up Its Fruta Del Norte Mess
    KGC Today, 6:02 AM The Investment Doctor Comment!

    Summary

    • Kinross Gold sells its Fruta del Norte project for $240M in cash and stock.
    • I didn’t expect the company would be able to sell the project for a quarter of a billion, so that’s decent news.
    • However, the impact on the share price will be limited and I remain on the sidelines.
  • Cramer's Mad Money - Six Flags Rides High (10/21/14)
    SIX Today, 5:57 AM SA Editor Miriam Metzinger Comment!

    Summary

    • Six Flags continues to be a winner.
    • Charts are showing strength in media stocks.
    • Industrials are coming back.
  • Update: Lake Shore Gold Is On An Exploration Roll
    LSG Today, 5:56 AM The Investment Doctor Comment!

    Summary

    • Lake Shore finds more high-grade gold along strike and at depth to currently known resource blocks.
    • This isn’t a big surprise as the district is quite prolific, but more drilling will be needed to turn drill results into resources.
    • I still prefer LSG’s convertible debt over straight equity.
  • Qualcomm: Offers Strong Value Buy Opportunity On Current Pullback
    QCOM Today, 5:48 AM Shiraz Lakhi Comment!

    Summary

    • QCOM has dropped 9.2% since April. At the same time, the technology sector (XLK) has grown by 7.2%. A differential in the QCOM/XLK pair equal of 16.4%.
    • The negativity has been primarily due to [resolvable] concerns at Qualcomm's royalty-dependent QTL division - smartphone vendors in China allegedly under-reporting unit sales.
    • With solid fundamentals (clean balance sheet, $32 billion cash, market growth, healthy ROE) and China issues likely priced in, QCOM presents a solid value opportunity to buy into the pullback.
  • Atlantic Power: Avoid This Bull Trap
    AT Today, 5:42 AM Albert Alfonso 1 Comment

    Summary

    • Atlantic Power declined nearly 10% after responding to the Clinton Group letter.
    • Shares of the company had spiked 25% higher after the initial Reuters report.
    • In the letter, the Clinton Group expressed confidence that bids for the company from its strategic review came in for as much as $4 per share.
    • However, this appears to not be the case, with Atlantic Power stating that no offers came in above $3.04 per share.
    • I believe Atlantic Power’s stock has 13% downside to $2.00 per share.
  • Cramer's Lightning Round - Apple Is Very Inexpensive (10/21/14)
    AAPL, VVC, D Today, 5:39 AM SA Editor Miriam Metzinger 1 Comment

    Summary

    • Apple is inexpensive.
    • Vectren and Dominion are good utility stocks, but Cramer thinks the sector is somewhat overbought.
    • Insurers are good, especially Travelers.
  • Update: Apple's Mac Produces Incredible Growth
    AAPL Today, 5:38 AM Sean Chandler 24 Comments

    Summary

    • The Mac continues to become a major part of Apple's revenue, outpacing iPad revenues while showing growth with record figures.
    • This growth exceeded my expectations by showing double-digit global growth, highlighting extraordinary growth in emerging markets.
    • While Windows 10 could create a challenge, there are a variety of factors pushing in the Mac's favor.
  • Why We Aren't Investing In Darden Restaurants
    DRI Today, 5:16 AM Main Street Wins Comment!

    Summary

    • Darden’s share performance has been sub-par. We think the underperformance will continue in the short and medium term.
    • The valuation of the company is not appealing compared to competitors.
    • While Starboard has come aboard to revive Darden, we think this is a tremendous undertaking that will take years to achieve tangible results.
  • Lululemon: The New Nike
    LULU Today, 5:14 AM John Jenkinson 2 Comments

    Summary

    • Recent controversies at Lululemon have dogged the company, resulting in damaged brand equity.
    • Nike went through a similar process in the 1990s, which resulted in a stronger company.
    • Recent lows indicate a potential buy for a growth stock type trajectory.
  • Blue Earth: Stock Tumbled, Should You Buy, Sell Or Hold?
    BBLU Today, 5:00 AM The Double or Nothing Trader Comment!

    Summary

    • Blue Earth stock tumbled after a short report was released in early trading yesterday.
    • Blue Earth released a statement after the market closed that brought relief to the stock, setting up for a short squeeze opportunity this morning.
    • The short report doesn't tell the whole story for Blue Earth, just focuses on past performances of CEO and risk associated with stock.
    • As investors realize the report was just an opportunity for the company that provided it to profit, investors will push shares of Blue Earth higher.
  • QLogic: A Logical Buy For 2015
    PRO Top Idea QLGC Today, 5:00 AM Helix Investment Research Comment!

    Summary

    • Despite clear signs of progress in its turnaround, shares of QLogic remain undervalued on both an absolute and relative basis.
    • Signs of stabilization in the Fibre Channel market and continued growth in Ethernet sales have allowed the company to expand its market share.
    • Despite gross margin pressures, tight cost controls have helped minimize the impact to operating margins.
    • Pristine, debt-free balance sheet, with almost 30% of market capitalization in cash.
  • Playmates Holdings: Deep NAV Discount Gives 70% Upside From Rental Properties And Ninja Turtles Toys
    PRO Top Idea PYHOF Today, 5:00 AM Hidden Value 2 Comments

    Summary

    • Playmates Holdings is an undercovered investment holding company in Hong Kong that's selling at a deep discount to NAV with positive catalysts ahead.
    • 2 main growing businesses to drive narrowing discount and stock re-rating, being (1) property investments and (2) TMNT toys.
    • (1) Property investments: Upside in rental income and valuation from prime-located commercial building with improving tenant mix including a global retail brand.
    • (2) TMNT toys: Sales upside driven by product range expansion and new markets penetration, leveraging strong entertainment pipeline in TV and movies.
    • Recent selloff offers attractive valuation now for an entry point. The selloff was driven by subsiding hype after airing of TMNT movie, but TMNT pipeline is far from over.
  • HealthEquity IPO Implies 50%+ Upside For Webster Financial
    PRO Top Idea WBS Today, 5:00 AM Camellia Capital Management Comment!

    Summary

    • The market is assigning virtually zero value to Webster's HSA Bank, the largest HSA custodian in the country.
    • Meanwhile, smaller HSA custodian, HealthEquity, has recently been awarded a $1B+ market value via a successful IPO.
    • With superior size and scale, HSA Bank should be awarded a valuation at least as high as HealthEquity's.
    • In addition, the company's core banking operations are outperforming peers yet valued less expensively.
    • Considering the low volatility associated with a regional bank stock and Webster's massive upside potential, its risk/reward profile is among the best we've seen recently.
  • Universal Forest Products: Market Expansion To Drive Earnings Growth
    UFPI Today, 4:46 AM InvestAlike Comment!

    Summary

    • Universal’s revenue grew by 9% in the latest quarter. Earnings improved a lesser 3.5%.
    • The improving market conditions indicate that the earnings trend should continue in the future.
    • The company is undervalued by 77%.
  • Buying Opportunity For U.S. Silica Holdings
    SLCA Today, 4:43 AM Gordon Grob Comment!

    Summary

    • The recent correction in U.S. Silica Holdings stock price is an overreaction to the recent slide in oil prices.
    • Hydraulic fracturing is still profitable at the majority of sites across the U.S., and it would take a steeper, more sustained tumble in oil prices to dent fracked crude output.
    • The stock price's slide may afford investors an excellent buying opportunity ahead of the third quarter earnings report.
  • The Best Of The Chinese Steel Companies
    CHOP, GSI, OSN Today, 4:32 AM James Byrd Comment!

    Summary

    • The last several years have represented a rare buying opportunity to purchase the stocks of select Chinese companies that have delivered on hyper-growth.
    • Since FY 2007 through the last twelve months as of June 30th, 2014, GSI has grown their sales from $1.35 billion to $2.34 billion, a growth of 73%.
    • Since FY 2007 through LTM as of June 30th, 2014, OSN has grown their sales from $82.7 million to $139.1 million, a growth of 68%.
    • Since FY 2007 through LTM as of June 30th, 2014, SUTR has grown their sales from $418.0 million to $561.3 million, a growth of 34%.
    • As of market close on Friday, October 17th, 2014, SUTR had a Enterprise Value / Sales ratio of 0.23x making it the most undervalued of the Chinese steel companies.
  • Update: NGEx Resources Announces Disappointing PEA At Los Helados
    NGQRF Today, 4:26 AM The Investment Doctor Comment!

    Summary

    • NGEx releases a disappointing PEA on its Los Helados copper project.
    • This is an unexpected development, as the initial capex is much higher than I expected, killing the IRR and NPV.
    • I’m still long NGEx, but I will not add shares even though I’m sitting on a paper loss.
  • Why Unilever Is Undervalued
    UL, UN Today, 4:15 AM Davood Dadfar 2 Comments

    Summary

    • Unilever is an ideal investment for investors looking for a fundamentally solid yet simple business model.
    • Unilever's business model indicates economic resilience, as well as consistent growth long term.
    • Unilever has a diversified product portfolio, and plenty of free cash flow.
  • Southwest Airlines - Prepare For Takeoff
    LUV Today, 4:14 AM AlphaStreetResearch 2 Comments

    Summary

    • Jet fuel is an important expense in any airline's financial statement. Southwest’s hedging team is an industry best.
    • Southwest is expanding its continental US flights and implementing International flights with the acquisition of AirTran Airways.
    • Southwest will begin implementing baggage fees, a move that would increase revenue.
  • Why Invest In Alleghany?
    Y Today, 4:04 AM Michael Lee Comment!

    Summary

    • Rising interest rates are a mixed blessing.
    • Book value and ROE are stable at 1 and 9.1% and the combined ratio is acceptable at 97%.
    • Profitability and valuation metrics are attractive.
  • Are Undesirable Accounts Destroying Facebook's Image?
    FB Today, 3:44 AM ColoradoWealthManagementFund 1 Comment

    Summary

    • Facebook is dealing with a large volume of unwanted users.
    • The business model for sending spam on Facebook looks very attractive.
    • I’m estimating the gross value of a spam account in the range of $4 to $8.
  • Update: IBM Misses On Earnings But Is Still A Buy
    IBM Today, 3:25 AM Jonathan Weber 3 Comments

    Summary

    • IBM's third quarter earnings were down year over year.
    • IBM is on track with its transformation away from hardware to software and services.
    • IBM's cloud revenue is growing very fast: Revenues are up more than 50% year to date.
    • IBM continues to reward its shareholders with a compelling dividend and substantial buybacks.
  • McDonald's: Too Many Headwinds To Count - Part 2
    MCD Today, 3:13 AM The Lurking Bull Comment!

    Summary

    • McDonald's earnings disappointment has confirmed my previous article on McDonald's.
    • McDonald's is not executing properly and, in my opinion, is not worth owning.
    • The shares could be heading below $90.
  • IBM: Perhaps A Time To Buy
    IBM Today, 2:49 AM Bill Maurer 6 Comments

    Summary

    • IBM shares have sold off after earnings.
    • When expectations drop, it's easier to beat.
    • Dividend yield has shot higher. Valuation is rather fair.
    • Don't forget the Apple deal. It starts soon.
  • IPO Preview: Proteon Therapeutics
    PRTO Today, 2:15 AM IPOdesktop Comment!

    Summary

    • Targeting kidney failure, PRTO initiated the first of two Phase 3 trials for PRT-201 in radiocephalic AVFs, PRTO’s initial indication, in the third quarter of 2014 and expects to initiate the second Phase 3 trial in the first half of 2015.
    • Price-to-book 2.4. P/E -17, no revenue.
    • Stockholders may purchase $30.4mm of the IPO, or 50%.
  • Update: True Gold Reveals Outstanding Results From North Kao PEA
    RVREF Today, 2:14 AM Hard Asset Investments Comment!

    Summary

    • True Gold Mining has revealed the results of a preliminary economic assessment on its North Kao Deposit.
    • The deposit is estimated to produce $118 million in after-tax cash flow to the Karma gold project, with after-tax returns over 200%.
    • The deposit will add 118,000 ounces of gold annually for 2.5 years at $652 AISC, with initial capex of just $17.7 million.
    • This is very positive news and was not expected in my previous article. I think shares are pretty attractive at current levels, even without the North Kao PEA.
  • Streaming And DVR Data Causing Major TV Networks To Change Decision Making Processes
    AMZN, CBS, CMCSA Today, 1:33 AM The Entertainment Oracle Comment!

    Summary

    • Networks are waiting longer and longer to decide the future of their lesser watched rookie series.
    • To this point, no new fall broadcast series have been cancelled which is both unexpected and important to note.
    • A rise in the importance of streaming and time-shifting data has made executives change their long set in stone policies.
  • Tesla: Why So Bearish?
    TSLA Today, 1:21 AM Bill Maurer 8 Comments

    Summary

    • Analyst non-GAAP EPS estimates continue to decline.
    • Is a Q3 non-GAAP loss possible?
    • Falling estimates makes a beat easier.
    • Markets have settled down. It may be time to buy.
  • BlackBerry: The Process Begins Again
    BBRY Today, 1:15 AM Bill Maurer 26 Comments

    Summary

    • Another BlackBerry acquisition rumor has surfaced.
    • Analyst revenue estimates continue lower, adjusted EPS higher.
    • Buy for potential turnaround, don't speculate on a buyout.
  • IPO Preview: Anchor BanCorp Wisconsin
    ABCW Today, 1:11 AM IPOdesktop Comment!

    Summary

    • A bank, incorporated as a savings and loan holding company under the laws of the State of Delaware and headquartered in Madison, Wisconsin.
    • Rev -12%. Price-to-book of 1.1.
    • P/E of 27. Only selling 4% on the IPO.
  • Why Transportation Stocks Are Outperforming The Market
    IYT Yesterday, 11:36 PM Andrew Sachais Comment!

    Summary

    • Transportation stocks are outperforming the broader market.
    • Higher pricing strategies and solid operating margins are aiding airlines, shippers, and railroads.
    • As the economy continues to improve and energy prices remain low, transportation stocks should move higher.
  • Au Revoir Redux? Buy LVMH Moet Hennessy Louis Vuitton As A Weaker Euro Means Stronger Results
    LVMHF, LVMUY Yesterday, 7:22 PM Dallas Salazar Comment!

    Summary

    • A weaker Euro helped make Q3 look like a blowout quarter - wait for a seasonally strong quarter to show non-Euro strength growth for real fireworks.
    • I believe even flat results during the next 4 quarters should lead to all-time high share prices as true revenue growth will allowed to show to public markets.
    • LMVHF is priced at a significant discount considering the company grows at an ex. currency impacted 8-10% during seasonally good quarters and 5-7% during seasonally slow quarters.
  • Comparing America's 3 Largest Southwest Regional Banks
    BOKF, CFR, PB Yesterday, 7:11 PM Joseph Cafariello Comment!

    Summary

    • The Regional Banks industry is expected to outperform the S&P broader market astronomically this Q3 and Q4, outperform modestly in 2015, and underperform negligibly beyond.
    • Mean/high targets for the 3 largest U.S. Southwest Regional Banks - Cullen/Frost Bankers, BOK Financial and Prosperity Bancshares - range from 7% to 30% above current prices.
    • Find out which among CFR, BOKF and PB offers the best stock performance and investment value.
  • Comparing America's 3 Largest Southeast Regional Banks
    BBT, FHN, RF Yesterday, 7:06 PM Joseph Cafariello Comment!

    Summary

    • The Regional Banks industry is expected to outperform the S&P broader market astronomically this Q3 and Q4, outperform modestly in 2015, and underperform negligibly beyond.
    • Mean/high targets for the 3 largest U.S. Southeast Regional Banks - BB&T, Regions Financial and First Horizon National - range from 10% to 43% above current prices.
    • Find out which among BB&T, Regions and First Horizon offers the best stock performance and investment value.
  • Comparing America's 3 Largest Northeast Regional Banks
    FULT, MTB, WBS Yesterday, 7:04 PM Joseph Cafariello Comment!

    Summary

    • The Regional Banks industry is expected to outperform the S&P broader market astronomically this Q3 and Q4, outperform modestly in 2015, and underperform negligibly beyond.
    • Mean/high targets for the 3 largest U.S. Northeast Regional Banks - M&T Bank, Webster Financial and Fulton Financial - range from 15% to 41% above current prices.
    • Find out which among M&T, Webster and Fulton offers the best stock performance and investment value.
  • Comparing America's 3 Largest Mid-Atlantic Regional Banks
    FNFG, SBNY, SNV Yesterday, 6:58 PM Joseph Cafariello Comment!

    Summary

    • The Regional Banks industry is expected to outperform the S&P broader market astronomically this Q3 and Q4, outperform modestly in 2015, and underperform negligibly beyond.
    • Mean/high targets for 3 largest U.S. Mid-Atlantic Regional Banks - Signature Bank, Synovus Financial and First Niagara Financial - range from 11% to 42% above current prices.
    • Find out which among Signature, Synovus and First Niagara offers the best stock performance and investment value.
  • Comparing America's 3 Largest Midwest Regional Banks
    FITB, KEY, USB Yesterday, 6:55 PM Joseph Cafariello Comment!

    Summary

    • The Regional Banks industry is expected to outperform the S&P broader market astronomically this Q3 and Q4, outperform modestly in 2015, and underperform negligibly beyond.
    • Mean/high targets for the 3 largest U.S. Midwest Regional Banks - U.S. Bancorp, Fifth Third Bancorp and KeyCorp - range from 15% to 109% above current prices.
    • Find out which among USB, FITB and KEY offers the best stock performance and investment value.
  • Best Asian Stock Ideas Today
    AHCHY, FSUGY, CAOVY Yesterday, 6:55 PM Aviate Comment!
  • Is EOG Resources Reaching Success In The Eaglebine?
    EOG Yesterday, 6:51 PM Richard Zeits 3 Comments

    Summary

    • ZaZa Energy reported strong well performance for its EOG-operated joint venture in the Eaglebine play area.
    • ZaZa indicates that drilling returns may exceed 50%, assuming $80 per barrel WTI and $3.70/MMBtu Henry Hub.
    • The read-across may be relevant to SM Energy and Contango Oil & Gas.
  • Comparing America's 3 Largest Pacific Regional Banks
    PACW, SIVB, ZION Yesterday, 6:48 PM Joseph Cafariello Comment!

    Summary

    • The Regional Banks industry is expected to outperform the S&P broader market astronomically this Q3 and Q4, outperform modestly in 2015, and underperform negligibly beyond.
    • Mean/high targets for 3 largest U.S. Pacific Regional Banks - Zions Bancorporation, SVB Financial Group and PacWest Bancorp - range from 19% to 39% above current prices.
    • Find out which among Zions, SVB and PacWest offers the best stock performance and investment value.
  • Visa Appears Solid So Far
    V Yesterday, 6:47 PM Stock Traders Daily 1 Comment

    Summary

    • Visa has had solid EPS growth.
    • The PEG ratio looks attractive.
    • And the stock is increasing from support.
  • Splunk Partnerships And Potential Revenue Growth Offer Additional Upside
    SPLK Yesterday, 6:21 PM Lior Ronen 4 Comments

    Summary

    • Splunk introduced a new partnership with AWS that allows the company to expand its offering into the largest cloud infrastructure provider.
    • Splunk has increased its revenues in a quarterly rate of 11% from 2012 and expected to report a quarter-over-quarter increase of 4% to 14% in Q3.
    • Splunk revenues forecast offers an upside of around 20% in stock price.