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Brad Kenagy  

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  • The Drawbacks Of Apple's Cash Hoard Are Starting To Show [View article]
    Thank you for the comment, and your ideas on Apple and the repatriation tax, very intriguing. I actually agree that if Apple has no intentions of bringing cash back to fund its capital return program that they should use some for acquisitions or new R&D.
    Apr 29, 2015. 05:23 PM | 1 Like Like |Link to Comment
  • The Drawbacks Of Apple's Cash Hoard Are Starting To Show [View article]
    That you for the comment. The amount of Cash Apple has parked overseas is nearly irrelevant because they cannot access it without being taxed, and as the CFO stated they have no plans to use foreign cash to fund its capital return program which will lead to Apple issuing large amounts of debt and diverting more cash flows to capital returns. If and when someday Apple is able to bring its foreign cash home, that would be a serious change to the equation, but for atleast the next two years $171 or $193.5 or 88.37% of its cash is Unusable!
    Apr 29, 2015. 05:16 PM | 4 Likes Like |Link to Comment
  • Following Smart Research And The Smart Money [View article]
    Thank you for the comment, If you are a paying Morningstar Member you can screen all stocks by MOAT ranking and would be able to find more stocks held by the Guru ETFs.
    Apr 27, 2015. 02:26 PM | Likes Like |Link to Comment
  • Did Verizon Just Screw The Content Giants? [View article]
    ESPN is suing Verizon over this:

    http://seekingalpha.co...
    Apr 27, 2015. 02:02 PM | Likes Like |Link to Comment
  • ESPN sues Verizon over 'skinny bundle' TV offering [View news story]
    @Mitshu35, they are not being sued because I believe they have an agreement that allows for ESPN to be included in Sling TV up to a certain threshold of subscribers, where as Verizon and ESPN have a contract that says Verizon cannot use ESPN in differently priced tiers than what Verizon already offers.

    "The biggest part of the Sling TV programming package is the inclusion of ESPN and ESPN2, although sources indicate Disney has the option to pull out if subscriber totals reach a certain level."

    Link Here:

    http://seekingalpha.co...
    Apr 27, 2015. 01:51 PM | Likes Like |Link to Comment
  • Following Smart Research And The Smart Money [View article]
    Thank you for the comment, and I am glad you enjoyed the article. The reason why I chose the new IBD 50 ETF was because that is it focuses on growth stocks, where as the Market Vectors Wide Moat ETF (MOAT), which tracks the Morningstar Wide Moat Focus Index. MOAT tends to hold companies that have slower growth but have strong positions in their industries. I looked at the holdings of MOAT to see if any of those companies had a high conviction with hedge funds and found that only the Williams Companies Inc (WMB) was included in both MOAT and a Guru ETF.

    The IBD is heavy on momentum and MOAT is more value focused, investors could screener MOAT and the GURU ETFs for more value focuses ideas, and could screen the IBD 50 ETF (FFTY) and the GURU ETFs for more momentum/growth focused ideas.
    Apr 27, 2015. 01:45 PM | Likes Like |Link to Comment
  • Airgas: My Favorite Contrarian Idea For 2015 [View article]
    Thank you for the comment. I believe ARG is a contrarian pick because shares have been sold down because of weak guidance die to many of its customers being impacted by the slowdown in drilling, and the impact of the strong dollar. In addition, the number of investors that have shorted the stock has increased 33% since the beginning of the year, and recently the stock was downgraded by an analyst.
    Apr 27, 2015. 11:47 AM | Likes Like |Link to Comment
  • Joy Global: Headwinds Point To Another 5 Years Of Underperformance [View article]
    Thank you for the comment. The article time-frame is the long-term and I am less concerned with short-term movements, However if after doing your own due diligence if you are bearish in the short term the choices if you want to make a bearish bet are through options or shorting the stock.
    Apr 24, 2015. 10:01 PM | Likes Like |Link to Comment
  • Joy Global: Headwinds Point To Another 5 Years Of Underperformance [View article]
    Thank you for the comment. DO has a 100% rating because DO has 4 ratings of the CEO which each rated the CEO favorably. Just because a low number of people have rated the CEO does not mean that the source is invalid. Here are the stats on the CEO ratings from Glassdoor.

    DO: 100% CEO rating with 4 people rating the CEO.
    AVON:54% CEO rating with 181 people rating the CEO.
    JOY: 47% CEO rating with 15 people rating the CEO.
    EXC: 99% CEO rating with 61 people rating the CEO.
    Apr 24, 2015. 04:56 PM | Likes Like |Link to Comment
  • Airgas: My Favorite Contrarian Idea For 2015 [View article]
    Thank you for the comment, I beleive Airgas should trade somewhere in between the multiple of PX and APD because that is where the market is valuing those companies even with the dollar strength impact that PX and APD will have and ARG will not have because 98% of their revenues are from the U.S.

    Based on estimates of future Long-Term Growth over the next 5 years, ARG should trade at a multiple that is in the range of PX and APD given that expected growth is very close to PX and APD. The upcoming quarterly results for the three companies at the end of this month I believe will show ARG diverge from PX and APD because of its 98% U.S. Exposure, and PX and APD will be impacted by currency.

    ARG: 11.93%
    PX: 11.66%
    APD: 12.35%
    Apr 24, 2015. 12:46 PM | 1 Like Like |Link to Comment
  • 2 Dividend Growth Companies Poised To Beat Earnings In April [View article]
    EQM had blowout earnings today, beat on EPS, Revenues, increased the dividend, and stock is up 3.70% today.

    http://seekingalpha.co...
    Apr 23, 2015. 03:58 PM | Likes Like |Link to Comment
  • EQT Midstream beats by $0.19, beats on revenue [View news story]
    EQM beat earnings just as I predicted.

    http://bit.ly/1K93F4g
    Apr 23, 2015. 10:31 AM | Likes Like |Link to Comment
  • Airgas: My Favorite Contrarian Idea For 2015 [View article]
    I also looked at the bonds that ARG has and they are as follows. As you can see ARG has $1.65 billion in bonds and roughly a third of that will be off the books in the next year and a half. In addition, the coupon rate they have on their bonds is very attractive as well since they are investment grade they are able to borrow at low costs.

    Maturity Date Amount Coupon
    10/1/2015 250M 3.25%
    6/15/2016 250M 2.95%
    2/15/2018 325M 1.65%
    2/15/2020 275M 2.37%
    11/15/2022 250M 2.90%
    7/15/2024 300M 3.65%
    Apr 22, 2015. 05:51 PM | Likes Like |Link to Comment
  • Airgas: My Favorite Contrarian Idea For 2015 [View article]
    I just saw that Airgas was downgraded by TheStreet today from buy to hold, which adds to my case for being a contrarian idea.

    http://bit.ly/1ySoOii
    Apr 22, 2015. 10:48 AM | 3 Likes Like |Link to Comment
  • Airgas: My Favorite Contrarian Idea For 2015 [View article]
    Thank you for the comment. Looking at the last five quarters Airgas has had decreasing debt/equity. I like that the dividend is well covered as well, and I really like that even with the earnings warning Airgas still raised their dividend 9.1%.

    Dec13: 1.44
    Mar14: 1.36
    Jun14: 1.28
    Sep14: 1.22
    Dec14: 1.16
    Apr 22, 2015. 10:35 AM | Likes Like |Link to Comment
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