Search Analytics: Michael Kors A Holiday Winner [View article]
I believe you did. Retail sales number came in low, but I believe that is mostly due to decreases in the spending habits of lower income families. Someone planning on spending $200+ on a watch is buying the watch regardless of the economic situation. Mostly because they more than likely have a girlfriend/wife who is expecting the high end gift. I didn't have the opportunity today, but if an opportunity presents itself tomorrow to pick up the stock at a sub- $50 level I certainly will add to my position.
Sterne Agee weighs in on Deckers Outdoor (DECK -1.4%), telling clients the firm's Ugg business will improve in the second half of 2013 with better products on tap. It's a far cry from the call of other firms out with alarming warnings on sales for this year. Not only is Ugg demand viewed as weak with temperatures mild across the U.S. so far this winter, there is also some concern on whether or not Ugg boots are still on-trend. [View news story]
Just heard a commercial on the radio advertising "8,000 pairs of Ugg boots in stock!" If that doesn't scream the ending of a trend, then I don't think anything will.
"There's a 40% chance of a 'fiscal cliff' deal before year end," predicts Erskine Bowles. In true Washingtonian-speak however, he adds that there's also a 35% chance that no deal will get done. Interpretation: "The chances of getting it done are better," Bowles says, "That's what's key." [View news story]
Goldman Sachs reiterates its Buy rating on Monster Beverage (MNST) heading into the beverage company's analyst day set for tomorrow. The company's presentation will be closely watched to see if a government investigation into the safety of energy drinks will impact it and if consumer demand is still tracking high. [View news story]
You couldn't be more wrong BevMan. The company has already basically written off Worx and those numbers are already cooked into the company's numbers. Monster has actually gained market share FASTER than Red Bull and is on pace to take over the number 1 spot within 18 months.
As per your claim that the "fad is wearing down", energy drink sales are still increasing by double digits. Sales have not been slowed because of lawsuits.
Milk making a come back? You can't be serious. With a growing number of people claiming to be lactose intolerant, everyone wanting to go organic, and the growing costs of milk will make most milk based energy drink alternatives too expensive.
Auto-part manufacturer Wanxiang has won the bidding for the assets of bankrupt battery maker A123 Systems (AONE) auctioned this week, for a reported $250M-$260M. AONE filed for bankruptcy in October after a financing deal with Wanxiang fell through. [View news story]
Why would the tax payers get the money? A123 received a grant from the U.S. gov't which in turn received financing from China...
Great Info! I should mention that MNST already has a distribution agreement with KO. That being said much of the synergies they share would already be baked in in the event of an acquisition. PEP is already pretty levered up to make an acquisition so I certainly don't see them making a move.
If MNST isn't acquired by someone within a year or two, they will shift from being the target company to being the company targeting others for acquisitions.
Which 5 Energy Drink Stocks Can Boost Your Portfolio? [View article]
Monster is ranked second in energy drink market share with around 37% while Pepsi with it's AMP has about 4%. Coca Cola controls less than 3%. Let's get something straight, these are not energy drink companies.
I doubt there is going to be a takeover this early in the process. I certainly wouldn't mind it, but I just don't see any company wanting to make a $9.5B+ purchase of a company whose primary product has questions surrounding it by the FDA.
More on Monster Beverage (MNST) (previous): Goldman Sachs calls the response from the FDA on the energy drink health concerns relatively "benign" and encouraging for shareholders of the company. The common sense approach by consumers is likely to be moderation and increased oversight by parents - instead of anything resembling a ban or graphic warning labels. MNST +12.5% to $51.50. [View news story]
The FDA says its will use outside advisers to determine if highly caffeinated drinks pose a serious health risk to young people or consumers with pre-existing heart conditions. The agency notes it didn't find any problems with common energy drink additives taurine and guarana, a statement that could be helping lift shares of Monster Beverage (MNST +9.3%) on the day. [View news story]
The 20 Most Oversold Stocks In The S&P 500 [View article]
Great article Alan! I'm considering a long position in ROST, possibly balanced with a short position in JCP. I'm long MNST also because I think there is a lot of promise in this one and everyone was scared away by recent allegations against the company.
Any thoughts on DNKN? It doesn't fall into the same category as the stocks in your article, but I'm curious to hear what you might have to say.
Forget "Cyber Monday," many of the big online merchants selling technology gear are knee-deep into Black Friday as well. Online heavyweights such as Apple (AAPL), Amazon.com (AMZN), Hewlett-Packard (HPQ) and Dell (DELL) are all laden with Black Friday notices and special deals. Ironically though, it's retailer Target (TGT) that's making the huge push toward Cyber Monday. This way, they get you in the store Friday and over the weekend, and then buying more stuff online when you are back at work Monday - truly a monument to consumerism. [View news story]
Not for nothing, but the Target and Kmart ads this year were quite possibly the most annoying commercials I've ever had the displeasure of wasting 30 seconds of my life on.
The times they are a-changin' at Apple (AAPL). Borrowing a page from Google and others, Tim Cook has given select employees the freedom to "spend a few weeks on a pet engineering project," the WSJ reports. Cook has also signed off on employee discounts for Apple products, and reportedly signaled he's open to employee sabbaticals. Profiles of Apple in the Tim Cook era (I, II) have already mentioned the company's culture has become more relaxed and "normal," for better and/or worse. [View news story]
"Tim Cook has given select employees the freedom to "spend a few weeks on a pet engineering project"
Read as "Tim Cook has no idea how to diversify the Apple product portfolio."
Been working at a private school for two years now, subbed per diem for a year before that...simply put, there are no teaching jobs out there. To be honest, I love the private school but the pay is horrible.
More on Consumer Sentiment: The 84.9 print is the highest since July 2007 and near the 40-year average of 85.3 (h/t tradefast). Current conditions rose to 91.3 vs. a consensus 88.8, the highest level since January 2008. Off early at the open, the S&P 500 now flat. [View news story]
I'm sure they did. It's just that the number has a no-response bias because with out electricity who's picking up the phone!
Search Analytics: Michael Kors A Holiday Winner [View article]
Sterne Agee weighs in on Deckers Outdoor (DECK -1.4%), telling clients the firm's Ugg business will improve in the second half of 2013 with better products on tap. It's a far cry from the call of other firms out with alarming warnings on sales for this year. Not only is Ugg demand viewed as weak with temperatures mild across the U.S. so far this winter, there is also some concern on whether or not Ugg boots are still on-trend. [View news story]
"There's a 40% chance of a 'fiscal cliff' deal before year end," predicts Erskine Bowles. In true Washingtonian-speak however, he adds that there's also a 35% chance that no deal will get done. Interpretation: "The chances of getting it done are better," Bowles says, "That's what's key." [View news story]
Goldman Sachs reiterates its Buy rating on Monster Beverage (MNST) heading into the beverage company's analyst day set for tomorrow. The company's presentation will be closely watched to see if a government investigation into the safety of energy drinks will impact it and if consumer demand is still tracking high. [View news story]
As per your claim that the "fad is wearing down", energy drink sales are still increasing by double digits. Sales have not been slowed because of lawsuits.
Milk making a come back? You can't be serious. With a growing number of people claiming to be lactose intolerant, everyone wanting to go organic, and the growing costs of milk will make most milk based energy drink alternatives too expensive.
Auto-part manufacturer Wanxiang has won the bidding for the assets of bankrupt battery maker A123 Systems (AONE) auctioned this week, for a reported $250M-$260M. AONE filed for bankruptcy in October after a financing deal with Wanxiang fell through. [View news story]
Monster Beverage Considerably Undervalued [View article]
If MNST isn't acquired by someone within a year or two, they will shift from being the target company to being the company targeting others for acquisitions.
Which 5 Energy Drink Stocks Can Boost Your Portfolio? [View article]
If you want more info on Monster, check my most recent article out: http://seekingalpha.co...
Monster Beverage Considerably Undervalued [View article]
More on Monster Beverage (MNST) (previous): Goldman Sachs calls the response from the FDA on the energy drink health concerns relatively "benign" and encouraging for shareholders of the company. The common sense approach by consumers is likely to be moderation and increased oversight by parents - instead of anything resembling a ban or graphic warning labels. MNST +12.5% to $51.50. [View news story]
http://seekingalpha.co...
The FDA says its will use outside advisers to determine if highly caffeinated drinks pose a serious health risk to young people or consumers with pre-existing heart conditions. The agency notes it didn't find any problems with common energy drink additives taurine and guarana, a statement that could be helping lift shares of Monster Beverage (MNST +9.3%) on the day. [View news story]
http://seekingalpha.co...
The 20 Most Oversold Stocks In The S&P 500 [View article]
Any thoughts on DNKN? It doesn't fall into the same category as the stocks in your article, but I'm curious to hear what you might have to say.
Thanks!
Forget "Cyber Monday," many of the big online merchants selling technology gear are knee-deep into Black Friday as well. Online heavyweights such as Apple (AAPL), Amazon.com (AMZN), Hewlett-Packard (HPQ) and Dell (DELL) are all laden with Black Friday notices and special deals. Ironically though, it's retailer Target (TGT) that's making the huge push toward Cyber Monday. This way, they get you in the store Friday and over the weekend, and then buying more stuff online when you are back at work Monday - truly a monument to consumerism. [View news story]
The times they are a-changin' at Apple (AAPL). Borrowing a page from Google and others, Tim Cook has given select employees the freedom to "spend a few weeks on a pet engineering project," the WSJ reports. Cook has also signed off on employee discounts for Apple products, and reportedly signaled he's open to employee sabbaticals. Profiles of Apple in the Tim Cook era (I, II) have already mentioned the company's culture has become more relaxed and "normal," for better and/or worse. [View news story]
Read as "Tim Cook has no idea how to diversify the Apple product portfolio."
As expected, with a comfortable majority, Greece passes its 2013 austerity budget. German finmin Schaeuble maintains there's no rush on signing off on the newest €31B tranche of aid, though. [View news story]
More on Consumer Sentiment: The 84.9 print is the highest since July 2007 and near the 40-year average of 85.3 (h/t tradefast). Current conditions rose to 91.3 vs. a consensus 88.8, the highest level since January 2008. Off early at the open, the S&P 500 now flat. [View news story]