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Steve Auger
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Steve Auger has been trading stocks, commodities and options for over 25 years and runs the website http://www.stockmarketstudent.com. After graduating from the University of Waterloo in 1981 with a Bachelor of Applied Science, he has been employed most of his career working on space and... More
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  • Looking To Do A Little Gambling?

    (click to enlarge)

    Why not head out to Las Vegas for a little R & R? While you are there check out Wynn Las Vegas resort. Owned by Wynn Resorts Ltd. (SYMBOL: WYNN), the resort has a large portfolio of hotel rooms and gambling facilities. Wynn Resorts also has a destination resort in China.

    You have got to be kidding, right? Both the fundamentals and technical for Wynn Resorts are terrible. For the quarter, net revenue declined by 26% and net profit fell by 72%. The dividend payout is 144%! What is to like about this company?

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    Aug 07 12:28 PM | Link | Comment!
  • This Tobacco Stock Is Smokin'

    BTI Stock ChartAfter beating profit estimates for the first half of 2015 and enjoying several analyst upgrades in the last few months, British American Tobacco Plc (SYMBOL: BTI) stock price has been on a tear of late, penetrating and holding above the 52 week high.

    If you've ever heard of "sin stocks" you'll know that they tend to outperform the market over the long-term. And of all the sin stocks, tobacco companies have produced the most gains. According to data from Credit Suisse, tobacco outpaced the second-best stock market industry, electrical equipment, by about 10 times over the last 115 years.

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    Aug 06 7:59 PM | Link | Comment!
  • American Express: Don't Fight The Trend

    The share price is near 52-week low as bad news continues to flow from American Express (SYMBOL: AXP), the second largest credit card company in the world. Although Amex appears to be a relatively good value stock at a price of $76, there are no catalysts for growth in the immediate future.

    American Express has a premium credit card enterprise with significant competitive advantages over its competitors. The company enjoys a premier brand and above-normal fee contribution from its spend-centric business model, resulting in above-industry-average ROEs . Credit numbers continue to look great as the company is still extending credit prudently.

    With the beat-up stock price (down 20% this year), AXP is shaping up to be a good value investment. However, now may not be the best time to start investing in this company due to the ongoing problems described below.

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    Aug 06 9:26 AM | Link | Comment!
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