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Momintn

Momintn
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  • Update: General Motors Earnings - Meets On EPS And Takes Huge Reserves; Value Trap [View article]
    PEP is $2 away from its target and fairly valued, I will never own a tobacco stock, drilling is risky business and Seadrill may find out that the Cayman tax haven might cause their stock to be avoided, and I'm buying IBM not ORCL. Like I said before I buy stocks that are undervalued.
    Jul 24 12:12 PM | 1 Like Like |Link to Comment
  • Update: General Motors Earnings - Meets On EPS And Takes Huge Reserves; Value Trap [View article]
    I never sell anything in the summer any more, much less on down days. I have too much cash as it is. I have regretted every summer sale I have made since the crash. Summer is a time to buy.
    Jul 24 11:32 AM | 3 Likes Like |Link to Comment
  • CBS Corp. Is Broadcasting An Excellent Combination Of Dividend Growth And Capital Gain Potential [View article]
    Their programming continues to beat ABC and NBC imo. They are going to have many providers such as cable networks and internet providers replaying their shows.
    Thursday night will be interesting this fall with Thursday Night Football on CBS. “You’ll get to see some NFL-themed programs within our own entertainment shows, where you’ll see players, coaches, even potentially owners who are not camera shy starring in some of our TV shows,” Moonves said. “The entire company is behind NFL on Thursday night at CBS.”
    Jul 24 11:24 AM | Likes Like |Link to Comment
  • Update: General Motors Earnings - Meets On EPS And Takes Huge Reserves; Value Trap [View article]
    This is a good time to buy GM on the 200 dma. If you don't own a position, I would begin here and continue to buy as low as you can get the shares. Buying stocks when they sell off on earnings will give you more gains than buying stocks on their highs. Don't let quarterly earnings keep you from making good decisions. Fundamentally GM is a good buy. One-time charges for recalls will abate. Strong buy from many USA analysts including Bank of America/Merrill Lynch and S&P Capital IQ.
    Jul 24 11:18 AM | 5 Likes Like |Link to Comment
  • CBS Corp. Is Broadcasting An Excellent Combination Of Dividend Growth And Capital Gain Potential [View article]
    I agree that people need to be buying CBS while it is down. Here's what ML says:
    The CBSO offer puts CBS solidly on the path towards reducing its overall share base by an estimated 14% in 2014, with the exchange event alone driving 52% of the shrink and the remainder supplied by share buybacks. CBS could potentially
    monetize its Publishing and/or Radio businesses.
    Reiterate Buy and $80 PO
    We continue to believe CBS offers several drivers for equity value creation, incl.: (1) accelerating capital returns post exchange (including a potential re-leveraging of the core business), (2) strong retrans gains (a 28% estimated CAGR through 2016), (3) solid political exposure in 2014, (4) further content sale potential (incl. 14 seasons of CSI Las Vegas), (5) a solid summer original programming line-up, (6) mid-single digit upfront upside, (7) NFL Thursday benefits and (8) expanding margins. We strongly reiterate Buy rating on shares.
    S&P capital IQ also has a strong buy rating on the shares.
    CBSO is practically at ML's 12 month objective of $35.
    Jul 24 11:06 AM | Likes Like |Link to Comment
  • IBM According To Warren Buffett's Annual Letters To Shareholders [View article]
    Net income was up 28% in the most recent quarter. You need to go to their website and review the annual report for 2013 and the most recent earnings report for the quarter. Investors believe we are seeing the turn around of this company into growth sectors of big data, cloud, analytics, mobility, smart cities, etc. which leads to improved margins. And they continue to make acquisitions. Read about Silverpop http://onforb.es/1z7MWZU
    And as far as hardware: IBM sells aging products with low margins to China, and continues in patents in new semi and products, coming out with new Power8 servers for midrange and large enterprise clients this year and mainframes next year. So hardware is possibly a surprising revenue improvement next year. Hardware is highly cyclical and there is too much media focus on it. Will they focus on it if it improves? That will be interesting to see.
    Jul 24 10:17 AM | Likes Like |Link to Comment
  • Buying Big Blue On A Clean Quarter And Record Q2 EPS [View article]
    UBS has a neutral rating on IBM and a $195 price target. Are they buying to cover their shorts?
    What I think about foreign banks and US stocks is that they rate high the ones they want to sell the general public and neutral on the ones they tell their wealth management to buy. But I have no proof of this; it's just my opinion. I would like someone to do a review of what were the ratings from CS and UBS published on websites in the USA beginning in 2007 and how the performance would have been each year if you bought what they said to buy.
    Jul 24 09:54 AM | Likes Like |Link to Comment
  • Special charges sting GM earnings [View news story]
    Nice chart and good entry point. Here's what analysts at ML say:
    "General Motors Company: 2Q14 OK and a little bit of relief– first take7/24/2014 12:36 PM
    GM reported 2Q14 op. EPS of $0.58, just below our $0.62 estimate and Bloomberg consensus of $0.59. Ex many arguably non-recurring charges in op results indicates by our estimate a 2Q EPS power of closer to $1.02 per share. We believe ongoing product introductions will remain key to GM's success over the next few years."

    You are buying the stock because of new models and strength of the company globally. ML has a one year price target of $55. S&P has a buy rating with a price target of $48. Meanwhile you get a dividend of 3.2%. You make more money by buying good companies when the price drops on earnings.
    Jul 24 09:41 AM | 3 Likes Like |Link to Comment
  • IBM: An Updated Bond Market Ranking [View article]
    Maybe the Seeking Alpha patron you mentioned needs to open a different account for his bonds. Wealth Management at ML has ridiculous charges. There is another site online where you manage your own money and trades on ML. You can move assets to it online without telling your broker, unlike what I was told.
    You go to http://www.mymerrill.com, open a self directed account, and then move the assets you want to sell. For stocks it's $6.95. For bonds it's price and yield as quoted. I had already setup online access and trading on my wealth management account for myself but when I saw the fees on my first trade, I then went the other direction. The only good thing I can see about having a wealth management account here is access to IPOs. It appears you can have both types of accounts.
    Jul 24 09:26 AM | 1 Like Like |Link to Comment
  • Apple Stabs BlackBerry In The Heart [View article]
    IBM can create custom apps and understands Watson. We will see...
    Jul 23 05:25 PM | 1 Like Like |Link to Comment
  • Apple Stabs BlackBerry In The Heart [View article]
    When these hundred Apps are used we will see who the real winner is and that will be IBM. Then every mobile vendor will be begging for their device to have apps and for IBM to give them a deal too.
    Jul 23 04:19 PM | 1 Like Like |Link to Comment
  • IBM According To Warren Buffett's Annual Letters To Shareholders [View article]
    Cash flow is only one metric. It's what you do with it that matters. And if you see a good company to buy, then why not do it at these low interest rates? Apple, Microsoft, and others had good cash flow growth in the past but the stocks were punished because investors didn't see that they were doing anything with it. You can just stay hung up on looking at cash flow while IBM is on the road to spending $20B in mergers and acquisitions since 2011 in leading edge companies.
    Jul 23 04:16 PM | Likes Like |Link to Comment
  • IBM: An Updated Bond Market Ranking [View article]
    Price is too high imo. I'm not buying anything from the US treasury.
    Jul 23 04:05 PM | Likes Like |Link to Comment
  • IBM: An Updated Bond Market Ranking [View article]
    I don't think the banks matter any more. Surely no one is going to listen to Barclays, Deutsche Bank, Credit Suisse, or UBS. If the Wall St tea party takes over the government here, I will sell, but otherwise I'm just trying to figure out what to do with cash.
    Jul 23 01:09 PM | Likes Like |Link to Comment
  • 450MM Semiconductor Wafer Manufacturing Stalled, And Applied Materials The Biggest Loser [View article]
    My holdings are so tiny as to not even matter. But thanks anyway.

    I will wait a year or so to buy more shares.
    Jul 23 01:02 PM | Likes Like |Link to Comment
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