Rob Ivanoff - Seeking Alpha 'Rob Ivanoff' Tag RSS Syndication from SeekingAlpha.com SeekingAlpha.com http://seekingalpha.com/author/rob-ivanoff Investment Books for 2008 http://seekingalpha.com/article/83150-investment-books-for-2008?source=feed 83150 Investing $200 for bunch of smart books written by accomplished professionals is "a must" for every investor/trader.

Remember, trading/investing is just like any other high-profiled job: you need countless hours of study and unstoppable discipline.

]]> Mon, 30 Jun 2008 01:43:13 -0400 Rob Ivanoff Investing $200 for bunch of smart books written by accomplished professionals is "a must" for every investor/trader.

Remember, trading/investing is just like any other high-profiled job: you need countless hours of study and unstoppable discipline.


Complete Story »]]> Rob Ivanoff Eaton Vance Et Al Expected to Underperform in 1Q07 http://seekingalpha.com/article/59843-eaton-vance-et-al-expected-to-underperform-in-1q07?source=feed 59843

Yesterday, Goldman added Eaton Vance (EV) to its Americas Sell list, lowered estimates for the firm and shifted fellow asset manager Fortress Inv. (FIG) to Neutral. Goldman expect 2008 organic growth to decelerate from 17.8% rate to a 4% by mid-year. The firm expects the shares to revert to an in-line with peer group multiple, from a 25% premium. Close-end fund launches alone generated over 57% of EV's longterm asset growth during 2007 and that is not expected to be the case going forward. In the past Goldman has recommended firms with higher quality franchises and positive momentum [Black Rock (BLK), Och-Ziff (OZM), and Federated Investors (FII)]. The firm seems more undecided on Legg Mason's (LM) future (up 4% yesterday, mostly short-covering).

]]> Fri, 11 Jan 2008 06:06:35 -0500 Rob Ivanoff

Yesterday, Goldman added Eaton Vance (EV) to its Americas Sell list, lowered estimates for the firm and shifted fellow asset manager Fortress Inv. (FIG) to Neutral. Goldman expect 2008 organic growth to decelerate from 17.8% rate to a 4% by mid-year. The firm expects the shares to revert to an in-line with peer group multiple, from a 25% premium. Close-end fund launches alone generated over 57% of EV's longterm asset growth during 2007 and that is not expected to be the case going forward. In the past Goldman has recommended firms with higher quality franchises and positive momentum [Black Rock (BLK), Och-Ziff (OZM), and Federated Investors (FII)]. The firm seems more undecided on Legg Mason's (LM) future (up 4% yesterday, mostly short-covering).


Complete Story »]]> EV Rob Ivanoff DryShips Inc.: A 400% Stock I Missed http://seekingalpha.com/article/59683-dryships-inc-a-400-stock-i-missed?source=feed 59683

DryShips (DRYS) is one of the leading companies in dry shipping (in terms of price appreciation potential). According to Dhinesh Ganapathiappan:

]]> Thu, 10 Jan 2008 07:26:55 -0500 Rob Ivanoff

DryShips (DRYS) is one of the leading companies in dry shipping (in terms of price appreciation potential). According to Dhinesh Ganapathiappan:


Complete Story »]]> DRYS Rob Ivanoff Altria Undervalued Prior to Philip Morris Spinoff http://seekingalpha.com/article/59403-altria-undervalued-prior-to-philip-morris-spinoff?source=feed 59403

Altria’s (MO) shares continue to look undervalued relative to U.S and international tobacco company peers. The upcoming spin-off of PMI should convince the market to value the two pieces at least in line with respective peer groups. Goldman raised its 12-month price target to $89, reflecting the recent increase in peer group multiples. The stock should rally in the coming weeks as the company approaches $78 level and breaks chart resistance. Here are few ideas about what to expect and some dates set by Goldman:

]]> Tue, 08 Jan 2008 09:04:59 -0500 Rob Ivanoff

Altria’s (MO) shares continue to look undervalued relative to U.S and international tobacco company peers. The upcoming spin-off of PMI should convince the market to value the two pieces at least in line with respective peer groups. Goldman raised its 12-month price target to $89, reflecting the recent increase in peer group multiples. The stock should rally in the coming weeks as the company approaches $78 level and breaks chart resistance. Here are few ideas about what to expect and some dates set by Goldman:


Complete Story »]]> MO Rob Ivanoff Will Warren Buy Petrochina Again? http://seekingalpha.com/article/59215-will-warren-buy-petrochina-again?source=feed 59215

Following a 31% share price pullback from their peak in November, PetroChina (PTR) now seems attractively valued. Goldman last week upgraded the firm to Buy from Neutral and believes the company will reach $217, implying 25% upside potential for its H shares (see below for the difference between Chinese H and A shares).

]]> Mon, 07 Jan 2008 05:21:05 -0500 Rob Ivanoff

Following a 31% share price pullback from their peak in November, PetroChina (PTR) now seems attractively valued. Goldman last week upgraded the firm to Buy from Neutral and believes the company will reach $217, implying 25% upside potential for its H shares (see below for the difference between Chinese H and A shares).


Complete Story »]]> PTR Rob Ivanoff CVS, Walgreen: How to Tell When a Stock is Being Dumped http://seekingalpha.com/article/59099-cvs-walgreen-how-to-tell-when-a-stock-is-being-dumped?source=feed 59099 CVS Caremark Corporation (CVS) is one of those companies that had it made. Its stores are organized and successful. The company sports great real estate locations, carries products we need and nurtures an eternal supply of faithful low-wage laborers. For the past year Goldman Sachs went on to predict the sky for the firm and check the chart - through November the stock had risen 30%. Then, there goes THA BOMB! Both Walgreen Company (WAG) and CVS collapsed close to 6% last week!

Goldman immediately responded:

]]> Sun, 06 Jan 2008 04:14:47 -0500 Rob Ivanoff CVS Caremark Corporation (CVS) is one of those companies that had it made. Its stores are organized and successful. The company sports great real estate locations, carries products we need and nurtures an eternal supply of faithful low-wage laborers. For the past year Goldman Sachs went on to predict the sky for the firm and check the chart - through November the stock had risen 30%. Then, there goes THA BOMB! Both Walgreen Company (WAG) and CVS collapsed close to 6% last week!

Goldman immediately responded:


Complete Story »]]> CVS WAG Rob Ivanoff Monsanto Kicks Off Another Blowout Quarter http://seekingalpha.com/article/59097-monsanto-kicks-off-another-blowout-quarter?source=feed 59097 Agricultural giant Monsanto (MON) kicked off the year with a stunning rally.

The firm produces corn and other seeds, and biotech products. Monsanto’s key businesses are Roundup agricultural herbicides and corn seed sales in Brazil and Argentina. However, its U.S. corn business showed significant growth.

]]> Sun, 06 Jan 2008 04:05:23 -0500 Rob Ivanoff Agricultural giant Monsanto (MON) kicked off the year with a stunning rally.

The firm produces corn and other seeds, and biotech products. Monsanto’s key businesses are Roundup agricultural herbicides and corn seed sales in Brazil and Argentina. However, its U.S. corn business showed significant growth.


Complete Story »]]> MON Rob Ivanoff Expecting 15% Upside for Nike in This Beijing 2008 Story http://seekingalpha.com/article/58866-expecting-15-upside-for-nike-in-this-beijing-2008-story?source=feed 58866

What better way to start 2008 than to find great book and talk about the coolest brand for sneakers? Nike's (NKE) industry leadership is clear. The firm reported better than expected fiscal 2Q08 results with EPS of $0.71, up 11% vs last year. It also has a significant exposure to non-US revenue (53% of total). In the U.S, Nike continues to gain market share despite a tough environment. The rise of own retail stores as planned, will enable domestic revenue growth to outpace orders. (up 1%). According to a spokesman from Adidas, another company planning solo retail shops:

]]> Thu, 03 Jan 2008 03:06:42 -0500 Rob Ivanoff

What better way to start 2008 than to find great book and talk about the coolest brand for sneakers? Nike's (NKE) industry leadership is clear. The firm reported better than expected fiscal 2Q08 results with EPS of $0.71, up 11% vs last year. It also has a significant exposure to non-US revenue (53% of total). In the U.S, Nike continues to gain market share despite a tough environment. The rise of own retail stores as planned, will enable domestic revenue growth to outpace orders. (up 1%). According to a spokesman from Adidas, another company planning solo retail shops:


Complete Story »]]> NKE Rob Ivanoff The Starbucks Sequel: What's in My Coffee for 2008? http://seekingalpha.com/article/58688-the-starbucks-sequel-what-s-in-my-coffee-for-2008?source=feed 58688 "Starbucks (SBUX) is done!" This is what Goldman proclaimed two weeks ago when it downgraded the company to neutral. In fact SBUX's shares have been hammered down by slower US same-store-sales (+4% in FY07), declining new store productivity, margin erosion and concerns over saturation. That we knew. And yet, we keep ordering our coffee- cup after cup (most of us traders now need serious teeth whitening!). So what's the story, where are the profits and why is the company gone sponsoring idiotic PR stories such as this one? Do they really need the help?

]]> Mon, 31 Dec 2007 08:03:09 -0500 Rob Ivanoff "Starbucks (SBUX) is done!" This is what Goldman proclaimed two weeks ago when it downgraded the company to neutral. In fact SBUX's shares have been hammered down by slower US same-store-sales (+4% in FY07), declining new store productivity, margin erosion and concerns over saturation. That we knew. And yet, we keep ordering our coffee- cup after cup (most of us traders now need serious teeth whitening!). So what's the story, where are the profits and why is the company gone sponsoring idiotic PR stories such as this one? Do they really need the help?


Complete Story »]]> SBUX Rob Ivanoff Potash Corporation: The 'Google of Fertilizer' Hits Record Highs http://seekingalpha.com/article/58501-potash-corporation-the-google-of-fertilizer-hits-record-highs?source=feed 58501 Potash Corp (POT) is hitting new 52-week highs. The stock is on a RAMPAGE and its other competitors like Mosaic (MOS) and Euro leader BASF AG are also at record high historical prices. Pardon these Canadians, but I like Potash based of its unprecedented sustainable pricing power in potash. On Wednesday night, Goldman set a new target price for the stock of $180, which is much above the current levels. Despite the insane run-up in the stock, there is further upside potential, based on the constant upward earnings revisions Potash'es ability to raise prices due to strong demand and tight supply are well recorded. With global grain prices at record levels, the stock might trend higher into 2008. However, volume does not confirm the trend up completely, so in event of a pullback, it will be a good entry.

  • People in the industry believe POT is the best-managed fertilizer company. The firm has a great exposure (22% of global capacity and 75% of excess capacity) to the best positioned nutrient, potash.
  • The current agricultural cycle is demand-driven. Emerging middle classes and global govermental biofuel incentives are pushing demand higher
  • Upcoming Chinese contract for potash will determine market tightness. Prices should increase at least $100/mt. Analysts say, given the $250/mt discount that China enjoys relative to global spot prices, the potential increase will inch higher the longer the negotiations last.
  • Up until the 20th century, potash was one of the most important industrial chemicals in Europe. It was refined from the ashes of broadleaved trees and produced primarily in the forested areas of Europe, Russia, and North America. Canada is the largest producer of potash with almost one-fourth of the world share followed by Russia and Belarus.

Risks

]]> Fri, 28 Dec 2007 02:53:11 -0500 Rob Ivanoff Potash Corp (POT) is hitting new 52-week highs. The stock is on a RAMPAGE and its other competitors like Mosaic (MOS) and Euro leader BASF AG are also at record high historical prices. Pardon these Canadians, but I like Potash based of its unprecedented sustainable pricing power in potash. On Wednesday night, Goldman set a new target price for the stock of $180, which is much above the current levels. Despite the insane run-up in the stock, there is further upside potential, based on the constant upward earnings revisions Potash'es ability to raise prices due to strong demand and tight supply are well recorded. With global grain prices at record levels, the stock might trend higher into 2008. However, volume does not confirm the trend up completely, so in event of a pullback, it will be a good entry.

  • People in the industry believe POT is the best-managed fertilizer company. The firm has a great exposure (22% of global capacity and 75% of excess capacity) to the best positioned nutrient, potash.
  • The current agricultural cycle is demand-driven. Emerging middle classes and global govermental biofuel incentives are pushing demand higher
  • Upcoming Chinese contract for potash will determine market tightness. Prices should increase at least $100/mt. Analysts say, given the $250/mt discount that China enjoys relative to global spot prices, the potential increase will inch higher the longer the negotiations last.
  • Up until the 20th century, potash was one of the most important industrial chemicals in Europe. It was refined from the ashes of broadleaved trees and produced primarily in the forested areas of Europe, Russia, and North America. Canada is the largest producer of potash with almost one-fourth of the world share followed by Russia and Belarus.

Risks


Complete Story »]]> POT Rob Ivanoff Investing in International Bond Funds http://seekingalpha.com/article/57603-investing-in-international-bond-funds?source=feed 57603 International bond fund net inflows have exploded in the past years as millions of investors made the proverbial flight to safety from the imploding dollar. But as interest in international bonds expands, even the biggest fund manufacturers don't have enough products to meet the growing demand from advisers. In this article, we post an update on the marketplace and discuss the attractive opportunities in International Bond products.

  • Category overview
  • Top fund manufacturers and funds
  • Competition from ETF/ETN
  • To hedge or not to hedge
  • The future for international bond products

Category Overview

]]> Tue, 18 Dec 2007 03:01:29 -0500 Rob Ivanoff International bond fund net inflows have exploded in the past years as millions of investors made the proverbial flight to safety from the imploding dollar. But as interest in international bonds expands, even the biggest fund manufacturers don't have enough products to meet the growing demand from advisers. In this article, we post an update on the marketplace and discuss the attractive opportunities in International Bond products.

  • Category overview
  • Top fund manufacturers and funds
  • Competition from ETF/ETN
  • To hedge or not to hedge
  • The future for international bond products

Category Overview


Complete Story »]]> BWX PCY Rob Ivanoff Perfect Timing for ProShares UltraShort China ETF http://seekingalpha.com/article/54141-perfect-timing-for-proshares-ultrashort-china-etf?source=feed 54141 In just 16 months, ProShares ETFs have gathered $9 billion in assets, outstripping the nine-year-old ProFunds' $8 billion in mutual fund assets and caused ripples through a market dominated by large players, such as Barclays, SSgA, and Vanguard.

In fact, with 88% of its products dedicated to inverse/enhanced products, ProShares is a leading example of a firm that continuously finds opportunities with popular market-timing appeal.

]]> Wed, 14 Nov 2007 05:31:48 -0500 Rob Ivanoff In just 16 months, ProShares ETFs have gathered $9 billion in assets, outstripping the nine-year-old ProFunds' $8 billion in mutual fund assets and caused ripples through a market dominated by large players, such as Barclays, SSgA, and Vanguard.

In fact, with 88% of its products dedicated to inverse/enhanced products, ProShares is a leading example of a firm that continuously finds opportunities with popular market-timing appeal.


Complete Story »]]> FXP Rob Ivanoff Investing in Multi-Sector Bond Funds http://seekingalpha.com/article/52697-investing-in-multi-sector-bond-funds?source=feed 52697 Multi-Sector bond fund launches have reached record high levels in 2007, showing a doubling in the number of new funds since 2006. Record net inflows, consistently positive 10-year performance, and one-stop diversification benefits have made Multi-Sector bond funds increasingly attractive as an asset-gathering instrument. This article reviews the state of the Multi-Sector bond category in terms of characteristics:

  • Net flows and performance
  • Leading funds
  • New fund launches
  • Best practices

Category Overview

]]> Mon, 05 Nov 2007 05:59:00 -0500 Rob Ivanoff Multi-Sector bond fund launches have reached record high levels in 2007, showing a doubling in the number of new funds since 2006. Record net inflows, consistently positive 10-year performance, and one-stop diversification benefits have made Multi-Sector bond funds increasingly attractive as an asset-gathering instrument. This article reviews the state of the Multi-Sector bond category in terms of characteristics:

  • Net flows and performance
  • Leading funds
  • New fund launches
  • Best practices

Category Overview


Complete Story »]]> BIV BLV BSV GBF GVI LAG TLT Rob Ivanoff