3 Long Plays for Now: MasterCard, Priceline, Intuitive Surgical [View article]
Hi All,
Thank-you to everyone for taking the time to read and comment on my writing. I am humbled to be part of Seeking Alpha.
Proud Canadian, I have added Intuitive Surgical to my Glam 5 Index because it matches data points of successful stocks of the past. These include 25% plus EPS growth, 25% plus sales growth, low debt, strong return on equity, and shares trading near historical highs on strong volume. Price earnings ratios are a popular measure of equities value, which I feel hold little predictive value. In fact, I prefer high price multiples.
Bafnotrad is correct in his analysis of Priceline.com. We obviously disagree on whether or not the market has already priced this conversion into the stock.
As for being a Wall Street guy. Folks, I trade a very small account with my own hard earned money. I live off of a successful, micro business. I do not earn a penny from my writing or my blog. This doesn't mean I don't hope to some day. I always make changes to my index publicly before I make the same move with my own money. I would never attempt to front-run or manipulate any stock. I write about the stock market because I think I have something to share with people. There are many things in life much more important than money. While I am an excellent stock trader, I could care less about the market. I am much more interested in my son and catching rainbow trout.
I walked away from Bay Street precisely because of type of behavior jrss describes. The stock market is a tough business. I welcome all criticism.
I cannot predict the future. I make mistakes all the time. If any of my positions fall 5-8% below my purchase price I will sell them. I advocate stop losses on all stock positions.
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3 Long Plays for Now: MasterCard, Priceline, Intuitive Surgical [View article]
3 Long Plays for Now: MasterCard, Priceline, Intuitive Surgical [View article]
3 Long Plays for Now: MasterCard, Priceline, Intuitive Surgical [View article]
Thank-you to everyone for taking the time to read and comment on my writing. I am humbled to be part of Seeking Alpha.
Proud Canadian, I have added Intuitive Surgical to my Glam 5 Index because it matches data points of successful stocks of the past. These include 25% plus EPS growth, 25% plus sales growth, low debt, strong return on equity, and shares trading near historical highs on strong volume. Price earnings ratios are a popular measure of equities value, which I feel hold little predictive value. In fact, I prefer high price multiples.
Bafnotrad is correct in his analysis of Priceline.com. We obviously disagree on whether or not the market has already priced this conversion into the stock.
As for being a Wall Street guy. Folks, I trade a very small account with my own hard earned money. I live off of a successful, micro business. I do not earn a penny from my writing or my blog. This doesn't mean I don't hope to some day. I always make changes to my index publicly before I make the same move with my own money. I would never attempt to front-run or manipulate any stock. I write about the stock market because I think I have something to share with people. There are many things in life much more important than money. While I am an excellent stock trader, I could care less about the market. I am much more interested in my son and catching rainbow trout.
I walked away from Bay Street precisely because of type of behavior jrss describes. The stock market is a tough business. I welcome all criticism.
I cannot predict the future. I make mistakes all the time. If any of my positions fall 5-8% below my purchase price I will sell them. I advocate stop losses on all stock positions.
All the best,
Steve Sinclair