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Skyler Greene

 
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  • Keeping Your Dividend Growth Options Open [View article]
    Eli,

    I really like this article. Good advice. While my "core" investing strategy is somewhat akin to dividend growth investing, I think a lot of investors get caught up in only buying the highest-yielding mega-cap blue chips, which isn't a good strategy in every environment (think Nifty Fifty). It's always good to branch out and look for companies that could become the next wave of DGI stocks.
    Aug 29, 2012. 10:56 AM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    RE diversification, I hold other stocks not mentioned in this article. You only disclose stocks explicitly named in the article. When analyzed in context of my entire portfolio, my tech holdings are actually below or in line with the tech weighting of the S&P 500 so I believe I'm properly diversified.

    FWIW, the Dell position is much larger than the HPQ position. The difference between Dell and HP is that HP has much larger fundamental problems, but I believe Whitman is turning them around. Dell really doesn't have fundamental problems. It's not so much of a turnaround story as a "misinterpreted" story. However, HPQ is dirt cheap so I picked up some shares. A good analysis is here: http://seekingalpha.co...
    Aug 28, 2012. 01:33 PM | Likes Like |Link to Comment
  • The Stock Market's Worst 17 Years [View article]
    My problem with the bearish "irrational exuberance" claim is twofold:

    1) P/E (not CAPE or your PEses) is roughly in line with historical norms.
    2) Basically, what Tack said above - the weak hands/strong hands argument. By and large, most of the "retail" investors I talk to are sitting in money market or in bonds. Just about everyone hates the stock market right now. It's hard to justify a "bubble" call when everyone hates the asset. Treasuries, on the other hand - now there's a bubble.
    Aug 28, 2012. 11:34 AM | 1 Like Like |Link to Comment
  • Costs to QE? They're hard to find, writes Jon Hilsenrath, delivering a defense of The Chairman ahead of his Jackson Hole speech on Friday. Inflation? It hasn't materialized. The greenback? Its value has increased vs. a basket of other currencies. Bubbles? They don't exist, he contends, forgetting the Fed always says bubbles don't exist right up to the moment they blow up in our faces. [View news story]
    Bubbles don't exist? He just lost all credibility.
    Aug 27, 2012. 08:03 AM | 2 Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Dell is not in an "industry in decline." As I delineated, the company essentially has two halves - ES&S and PCs. PCs are flattish, while ES&S is growing.
    Aug 26, 2012. 09:13 PM | 4 Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Value investing: "The strategy of selecting stocks that trade for less than their intrinsic values. Value investors actively seek stocks of companies that they believe the market has undervalued. They believe the market overreacts to good and bad news, resulting in stock price movements that do not correspond with the company's long-term fundamentals. The result is an opportunity for value investors to profit by buying when the price is deflated."

    http://bit.ly/OjRnIH

    Profit growth is never guaranteed. Based on my analysis, Dell certainly seems to fit into the "value investing" category. Of course, if you disagree with my analysis, then it may not seem like a good value - but to each his own.
    Aug 26, 2012. 06:02 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    The Simple Accountant,

    I really appreciate your comment. You're definitely correct - next quarter could be bad as well, and Dell could theoretically sink even further. Furthermore, Dell's future is not without challenges, including the commoditization effect you mention.

    However, given all the data, I am personally convinced that Dell is a great buy at the current valuation. (It's worth mentioning that Dell is getting more into the software side as well - see Quest.)
    Aug 24, 2012. 11:45 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Hirsch,

    I've been studying HP for a while and decided to finally take the plunge and initiate a small position. However, I definitely agree that HP has a much tougher road ahead than does Dell - and for what it's worth, my position in Dell is much larger than my position in HP.
    Aug 24, 2012. 11:41 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Julius,

    I also use a Dell laptop, although I have no particular attachment to their brand - at the time, it simply happened to be the best bang for the buck. I've owned an HP desktop, a Dell desktop, a Compaq laptop, and now a Dell laptop. I may build my own desktop at some point in the near future.

    More on point about the stock - I agree completely. The dividend is nice and has room to grow, as does the stock. The valuation is predicated on fear of a future that will never materialize.
    Aug 24, 2012. 11:40 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Rubicon,

    I appreciate your thoughts. What specifically is this "major transition" you're referring to? Cloud computing? The emergence of the tablet and mobile computing?
    Aug 24, 2012. 11:35 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Thanks, Canary. The fact is that the PC business is indeed struggling, but it's not "collapsing." Furthermore, any declines in the PC business will be offset by continued growth in the ES&S department - where Dell is now is somewhat akin to where IBM was a while back, and you know how that ended up. Will it see the same success? Perhaps not. Is it ridiculously undervalued? Very much so.
    Aug 24, 2012. 11:34 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Leo,

    When you follow a value investing style, you do have to be aware that value stocks can stay undervalued for a long time. It's not for everyone. However, as I mentioned in point 3 of my "old tech" thesis, over the long term, deep value stocks really do outperform.
    Aug 24, 2012. 11:31 PM | 2 Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Andrew,

    "more pain" is a potentially accurate description - I think next quarter could be pretty ugly as well. But given Dell's absurdly low valuation, I'm quite happy to be long now. If it dips further, I'll likely add more. Once W8 comes out and the macro situation improves somewhat, Dell certainly has a lot of room to run. The market is treating Dell like a RIMM/Nokia-type stock when in reality Dell is still strongly profitable. There's less downside than upside, which gives Dell a quite nice risk/reward profile.
    Aug 24, 2012. 11:29 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Tawse,

    As an American citizen, I'm not extensively familiar with Dell's pricing strategy in other developed markets (beyond management's discussion of their choice to focus on margins over volume). Thanks for bringing this to my attention - I'll certainly look into it further! Nonetheless, I don't believe Dell's prices in the UK in any way alter their strengths as an enterprise solutions provider. Thanks for reading!
    Aug 24, 2012. 11:27 PM | Likes Like |Link to Comment
  • Why Dell Is A Must-Buy: The Comprehensive Bull Thesis [View article]
    Gcolston,

    Glad to see there are still some people out there who think the way I do. Thanks for reading!
    Aug 24, 2012. 11:26 PM | Likes Like |Link to Comment
COMMENTS STATS
274 Comments
300 Likes