Credit Suisse stresses a more defensive posture in MLPs, focusing attention on large, relatively liquid, investment-grade MLPs or affiliates with exposure to the coming crude oil production boom in North America. Its eight favorite MLPs to buy now: WMB, QRE, LNG, TRGP, CQP, XTEX, ACMP, GEL. [View news story]
that sounds nice but many of those names are small MLPs not very large
Newcastle Investment (NCT -2.5%) continues a bit of a post NRZ-spinoff tumble as KBW downgrades from Buy to Hold with price target of $5.50. The combined value of the two now stands at $12.44, roughly the level just ahead of the spinoff. [View news story]
More on NetApp: $1B in buybacks promised over next 4 months, $2B over next 12 months; FQ4 buybacks totaled $180M. Company is cutting 900 jobs (~7% of workforce) in restructuring (Piper predicted 1,300), expects to take $50M-$60M in pretax charges. NetApp claims "double-digit growth in branded bookings," which suggests OEM sales (to IBM?) are weak. FQ4 product revenue (66% of total) -2% Y/Y, software/maintenance +6%, services +8%. Gross margin was 61.2%, +160 bps Y/Y. FQ1 guidance likely to stoke share loss worries. NTAP +2.1% AH. (PR) [View news story]
Are Streaks And Current Yields The Best Metrics For Dividend Growth Investors? [View article]
Hey Bob:
Just curious, how is your portfolio allocated by sector? Similar to S&P ( overweight tech/banking) or more heavily weighted in high dividend industries like telecom/oil/gas instead? Or possible are the major sectors equal weighted across the board?
There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. [View news story]
what do you mean uncorrected? the end of April saw a couple scary days
MLPs And Interest Rates, How Right Is Mr. Gundlach? [View article]
Phil!
I feel much better seeing you are long LINE. I bought LNCO on the recent pullback after bear attack. I like KMR- I think it's the best Kinder vehicle. Why did you chose KMR over KMI or KMP?... Also why LINE over LNCO? Thank you for sharing your wisdom
Credit Suisse stresses a more defensive posture in MLPs, focusing attention on large, relatively liquid, investment-grade MLPs or affiliates with exposure to the coming crude oil production boom in North America. Its eight favorite MLPs to buy now: WMB, QRE, LNG, TRGP, CQP, XTEX, ACMP, GEL. [View news story]
Can Annaly Capital Management's 12.2% Dividend Be Sustained? [View article]
Lowe's (LOW): Q1 EPS of $0.49 misses by $0.02. Revenue of $13.1B (-0.5% Y/Y) misses by $0.35B. (PR) [View news story]
Newcastle Investment (NCT -2.5%) continues a bit of a post NRZ-spinoff tumble as KBW downgrades from Buy to Hold with price target of $5.50. The combined value of the two now stands at $12.44, roughly the level just ahead of the spinoff. [View news story]
2 Selections From Goldman Sachs' Top Dividend Stocks [View article]
More on NetApp: $1B in buybacks promised over next 4 months, $2B over next 12 months; FQ4 buybacks totaled $180M. Company is cutting 900 jobs (~7% of workforce) in restructuring (Piper predicted 1,300), expects to take $50M-$60M in pretax charges. NetApp claims "double-digit growth in branded bookings," which suggests OEM sales (to IBM?) are weak. FQ4 product revenue (66% of total) -2% Y/Y, software/maintenance +6%, services +8%. Gross margin was 61.2%, +160 bps Y/Y. FQ1 guidance likely to stoke share loss worries. NTAP +2.1% AH. (PR) [View news story]
Is Apple's Ecosystem Strong Enough? [View article]
Sweetening the pot ahead of today's shareholder vote deciding the fate of Freeport McMoRan's (FCX) proposed takeover of Plains Exploration (PXP), PXP declares a special $3/share dividend and FCX announces a $1/share supplemental dividend to be paid upon closing the acquisition. With a close vote expected, the moves may well tip support in favor of the deal. PXP +6.2%, FCX +0.8% premarket. [View news story]
VXX: Wall Street's One Click Bandit [View article]
Complete Warren Buffett And Berkshire Hathaway 1st Quarter Portfolio Update [View article]
Kinder Morgan Inc: Warrant Buyback Enhancement Possible [View article]
Kinder Morgan Inc: Warrant Buyback Enhancement Possible [View article]
Are Streaks And Current Yields The Best Metrics For Dividend Growth Investors? [View article]
Just curious, how is your portfolio allocated by sector? Similar to S&P ( overweight tech/banking) or more heavily weighted in high dividend industries like telecom/oil/gas instead? Or possible are the major sectors equal weighted across the board?
There is no precedent for the current market, writes The Fat Pitch. Consider: 1) The S&P (SPY) has been up 56 of 88 trading sessions this year 2) It's up an uncorrected 24% since the post-election low - the longest streak in over 3 decades 3) The Nasdaq (QQQ) is on pace for a 7th straight up month, an occurrence with a 3-in-100 probability. Long term it's bullish, writes Ukarlewitz, as this sort of strength is rarely the end of a trend. Short term? Stay nimble. [View news story]
MLPs And Interest Rates, How Right Is Mr. Gundlach? [View article]
I feel much better seeing you are long LINE. I bought LNCO on the recent pullback after bear attack. I like KMR- I think it's the best Kinder vehicle. Why did you chose KMR over KMI or KMP?... Also why LINE over LNCO? Thank you for sharing your wisdom