Daniel Andres Jacome

Industrials: The New Safe Haven for Investors

UTX is the cheapest its been in a long time -- not a screaming buy, but worth looking at. 22% ROE smashes their cost of capital & you have 10% eps grwoth likely through 2010 with 2% yld = 12% rtns in a market that many think will be up 6% per annum going forward. Risk reward is pretty good here...

Possible Bounce Plays: PetroBras, RIMM, GE, Boeing, Rockwell Automation

Credit Suisse RIMM rpt is pretty decent, I just sent it you via email -- they basically are worried about GM % compression and see 20% downside to the stock......

Charles Norton: Investing in Vice Stocks

looks like the Vice fund is long LO now, too -- LO used to go under ticker CG.

Earnings Preview: Boeing

Great quarter, rev guidance was soft, mostly overshadowed by 787 delays, as expected. Revenue push back, cash flow still awesome, EPS for $6 and 68b+ in revs are what we are modeling for 08.

If you look at BA's from a 360 vantage point, business has never been this good

Delays are essentially supplier's fault, not Boeings. Rather than do some finger pointing, we mention this only to remind others that orders are so HUGE b/c the composite materials = 20% less fuel costs for customers

BA will recover....

Boeing's Dreamliner Delays Will Cost Them

order push backs don't harm cash flow and revs long term, this will just means BA p/e multiple comes in some 'mo. We'd start buying in mid 70s

Boeing's Fastener Slowdown

BA mgmt has to get their game tighter, or the PE will compress further....

Gotta Love the Boeing Backlog

St is pressuring the stock b/c of order push outs -- of course, revs + cash flow are still there, it is just that they are pushed back and thus the PE is compressing in a bit.