SAP Forum Topics
- All Comments on SAP
- General Discussion on SAP
- Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
- Warren Buffett Likes Germany, and So Do We [view article]
- Wall Street Breakfast: Must-Know News [view article]
- Oracle's Got What It Takes - Barron's [view article]
- Enterprise Software: More Room For Downside Surprises [view article]
- Who's on First, Services Oriented Architecture or Web Oriented Architecture? [view article]
- i2 Technologies' Turnaround: Part I [view article]
- Business Intelligence: An Interview With IBM's Rob Ashe [view article]
- SAP's Apotheker Tries To Explain Problems [view article]
- NetSuite Becoming Battleground for Analysts [view article]
- SAP Signals Weakness [view article]
loading ...Recent SAP Articles
- Getting It Wrong: Analysts Contribute to the Current Downturn
- Waste Management Still Hasn't Disposed of SAP
- Warren Buffett Likes Germany, and So Do We
- Wall Street Breakfast: Must-Know News
- Oracle's Got What It Takes - Barron's
- Enterprise Software: More Room For Downside Surprises
- Business Intelligence: An Interview With IBM's Rob Ashe
- SAP: No Longer a One-Trick Pony in the Software Market
- SAP's Apotheker Tries To Explain Problems
- NetSuite Becoming Battleground for Analysts
- Full List of Articles »
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
What a great time to be a day trader. Enjoy it while you can. ReplyGetting It Wrong: Analysts Contribute to the Current Downturn [view article]
It is fairly common to see analysts slammed with incompetence when the market downturn hits.Truth is, some of us are doing an honest job. Macro conditions deteriorate, and we adjust our assumptions. I have been doing just that over the past six months, and clients who listened greatly benefited.
Don't forget that tech is, at least for the consumer side of it, purely discetionary consumer spending and, as such, will definitely be affected by the current macro environment. For those that depend on corporate spending, same applies. The situation may be somewhat different (but not necessarily better) for those that depend on the capex of telecoms operators. In any case, thinking that the relation between tech and oil prices / housing crash is tenuous is rather naïve.
That said, some valuations in tech seem to me rather attractive after the current correction, and certainly more long-term buys abound in techland than among over-hyped commodity plays (and yes, solar is one of them, sorry stockaccumulator, I have met many of your peers roughly eight years ago in tech!)
Reply
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
Based on your wonderful CITIGROUP EXPERTS....i have a question.Which do you think will go bankrupt first UBS OR Citigroup, as for me its truly a tossup? Reply
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
It really comes down to this.Look at the Major Players in the Industry, like MER.
They have taken major hits.
WHY aren't insiders Buying? Reply
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
I believe that that the analysts have it wrong but I think they are way too optimistic. I think we are in the peak oil death spiral where people stop driving and flying, forcing huge layoffs which domino those who depend on auto/airline workers for their livelyhood. I don't think your average stock broker has a clue how much trouble is going to be caused by skyrocketing oil prices. ReplyGetting It Wrong: Analysts Contribute to the Current Downturn [view article]
notsosmart. you seem pretty smart to me. when hillary was still clinging it was like the mountain dew tug o war commercial. different flavors but all the same brand. still i retain hope that americans will wake up. Replyator
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
Nice article, but one stock the analysts will have it right in the very near future: (SOL) Renesola is an amazing buy for first thing Monday morning ... all the analysts actually love SOL...Even Zacks published this (see below article) 7 trading days ago about Renesola (SOL), when the price was bouncing around at about $20.
Zacks Rank in Industry 1 of 44... the best of all solars. Thats number one...
See Zacks' site.
This in addition to Investors Business Daily June computer ranking of SOL as the 4th best company (not just solars but the whole world, every company) to invest in... and in addition to Piper Jaffray's amazing careful on site research on SOL.
Piper Jaffray's article in June practically audited SOL, and its clean balance sheet, and they love it. They don't put their name on just any company.
Last week's drop was clearly a case of throwing the baby (amazing SOL) out with the bathwater to raise cash to feel good before the July 4th weekend... No news on SOL, just bullish: New rediculous cost of oil, and local and national governments worldwide jumping on the Solar bandwagon...
Note that SOL actually sells to other solars, and has a unique method of production and supply, recycling for creation of its product... a unique process and company.
I trust all three combined, Zacks, IBD, and Piper Jaffray.
Read this quote from Zacks last week:
"Through its history, ReneSola regularly adapted to changing market dynamics. The company is aggressively ramping up its polysilicon and solar wafer production capacities. Going forward, increased captive generation of polysilicon will improve its cost structure and enable wafer capacity expansions. Globally, rising solar wafer sales, along with escalating crude and long-term supply agreements, should collectively generate significant earnings growth. Buoyed by these positive factors and
impressive results, SOL increased its 2008 production
output and sales guidance. Accordingly, with a
bullish outlook and an attractive relative valuation, we initiate coverage of SOL with a BUY recommendation and a six-month target price of $24.25, representing 27.2% upside potential."
Note: today, at $13 SOL upside would be perhaps 40% ... Zacks published this above article 7 trading days ago when SOL price was much higher... other analysts have targets of $40, some at $55...
Time to run to your laptop and buy SOL fast... Reply
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
So, when analysts are pushing stocks up like they did in the Tech. Bubble that was okay because stocks were going up. But now, its not okay for them to be negative because stocks are going down.Everyone wanted them to be more truthful, yet, now you want them to shut up.
I suggest you find all the Bullish Analysts, make a list and at the end of the year, see how much money they made for you.
IMHO, I expect to see the DOW approach 9,000 by years' end. It will be that high because of the commodity portion in it. That's only another 20% drop.
Meanwhile, the S&P...... look for the Low's of the decade to be revisited.
I started investing almost 40 years ago. The S&P at 15 times earnings was considered to be very overpriced. After time of the "Nifty Fifty" Bubble, it took the Dow a decade and 12% unemployment to finally start a sustained move to the upside. The Dow was trading at Book Value.
Bubbles top out when there is complacency, Commodities are still "climbing the Wall of Worry".
"Blood in the Streets" was another phrase used as the time to buy stocks. That aspect is yet to come for the Financials. I will buy Citi when it drops to $8.00. Reply
Getting It Wrong: Analysts Contribute to the Current Downturn [view article]
everything on tv or the net is agenda driven.when the dumb-dumber americans begin to think for themselves things may change. just look at our presidential options. talk about a decline of a once great nation.ok call me unpatriotic cause i say it as i see it. ReplyGetting It Wrong: Analysts Contribute to the Current Downturn [view article]
I find it rather curious that one brokerage house downgrades another while a bank down the street downgrades its neighbor. Then there is the contest between banks and brokerages downgrading one another. I find analysts opinions to be bewildering. All the while they are recommending stocks as being undervalued and as great buys the stocks are plummeting into the abyss. How much of all this pseudo information is agenda driven? ReplyGetting It Wrong: Analysts Contribute to the Current Downturn [view article]
i keep saying-dont believe anybody re anything.all have their own agenda & are laughing on the way to the bank.this all is no longer a business but a game.its a vegas style situation only a little slower. ReplyGetting It Wrong: Analysts Contribute to the Current Downturn [view article]
Totally ........ analysts ........ support certain stocks in/on the news while they are shorting .......... kill stocks ..... then buy! Average joe is getting whiplashed by the analysts. Cramer says buy oi, week later sell oi. Analysts play a game with average joes money and laugh all the way to the "bank"......... ReplyGetting It Wrong: Analysts Contribute to the Current Downturn [view article]
The banks and investment banks (not much difference after repeal of Glass-Steagall) don't know themselves how to value what's on their balance sheet and off so the analysts don't have much chance. Quite comical to watch them all downgrade one another last week. Read "Trillion Dollar Meltdown". Even Goldman says it's more than that now. ReplyWarren Buffett Likes Germany, and So Do We [view article]
How about doind an article offeriing an overview of top german companies? ReplyWarren Buffett Likes Germany, and So Do We [view article]
Hi Martin,Beeing a German investor I would recommend you to take a closer look at Commerzbank - like Deutsche Bank it's one of the DAX30 enterprises. Commerzbank is a big player in German residential and commercial loans with low exposure to US-subprime issues. The current valuation is even more conservative then Deutsche's. It's selling at a 5% discount on book and yields a nice dividend of nearly 5%. In my oppinion Commerzabnk could easily earn a 15% return on equity in more stable global banking environment. Reply