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Momintn

Momintn
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  • 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 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, 2014. 01:02 PM | Likes Like |Link to Comment
  • 450MM Semiconductor Wafer Manufacturing Stalled, And Applied Materials The Biggest Loser [View article]
    S&P has AMAT rated as a 5 star stock (strong buy). Here are some of their excerpts.
    "AMAT's market leadership, size, and what we see as its solid balance sheet."
    "We project that sales will increase 22% in FY 14 (Oct.) and 14% in FY 15, following a 14% decline in FY 13"
    Price target $28.
    They view the planned acquisition of Tokyo Electron positively but I do not think the price of the shares depends on it. That is why the stock is down today based on a rumor that the proposed merger is facing strong opposition from Chinese regulators according to DealReporter which is denied by both companies who insist that the merger will happen.
    Too much short interest so I think the shares will pop on earnings Aug 14.
    Jul 23, 2014. 11:38 AM | 1 Like Like |Link to Comment
  • EMC ticks higher after guiding in-line, upping buyback [View news story]
    EMC's forward P/E is 13. I am holding my shares.
    Jul 23, 2014. 10:40 AM | Likes Like |Link to Comment
  • TJX higher on upgrade [View news story]
    TJX is not particularly cheap today but its forward P/E is 14. And it's lost all of the gains for the last year. For such a great chain, I agree with the upgrade.
    M, DDS, TJX, and KSS are all up on this upgrade. I'm a long term holder of M and TJX.
    Jul 23, 2014. 10:35 AM | Likes Like |Link to Comment
  • IBM Expands High Performance Computing Capabilities in the Cloud [View article]
    I bet the CIA is really regretting their decision to go with AWS.
    Jul 23, 2014. 10:16 AM | 1 Like Like |Link to Comment
  • IBM According To Warren Buffett's Annual Letters To Shareholders [View article]
    There was no justifiable reason for the stock price to go down last year. Look at the 2013 annual report. Cash is about the same. Assets are up. Working Capital doubled. Operating earnings went up. A P/E of 9 is absolutely unreasonable for a global company with such a wide moat and in all of the growing IT sectors. You may think a P/E of 9 is acceptable but most value investors do not. And IBM has more than 2% weighting in the following ETFs. So someone is going to be buying IBM stock. There are less shares outstanding and I'm not selling mine.
    Here's the ETFs holding over 2% of IBM
    ETF Component % of ETF
    TDIV IBM 7.29% Technology Dividend stock fund
    DIA IBM 7.00% DJIA index fund
    DDM IBM 5.60% Ultra Dow 30
    VGT IBM 5.46% Vanguard Information Technology ETF
    XLK IBM 4.79% Technology SPDR
    MOAT IBM 4.69% Wide Moat ETF
    ROM IBM 4.45% Ultra Technology ETF
    VIG IBM 3.80% Dividend Appreciation ETF
    UDOW IBM 3.69% UltraPro Dow30 ETF
    PFM IBM 3.39% Dividend Achievers (NYSEMKT:ETF)
    PWV IBM 3.26% Dynamic Large Cap Value
    MGK IBM 3.12% Mega Cap 300 Growth Index ETF
    MTK IBM 2.69% SPDR Technology ETF
    SKYY IBM 2.46% Cloud Computing Index Fund
    XLG IBM 2.19% Russell Top 50 ETF

    2 quarters do not make a year. IBM looks to be on the growth path ahead in the growth sectors of the IT industry. And the new mainframe shipments should help next year. In the last quarter, Operating (non-GAAP) income was $4.3 billion, up 21 percent. We haven't seen the end of the year yet.
    Jul 23, 2014. 10:10 AM | Likes Like |Link to Comment
  • IBM According To Warren Buffett's Annual Letters To Shareholders [View article]
    The forward P/E is 9.8. So I don't think IBM is going to need to do many buybacks next year. Search the S&P for forward P/Es less than IBM. I count 19.
    Jul 23, 2014. 09:10 AM | Likes Like |Link to Comment
  • IBM: An Updated Bond Market Ranking [View article]
    Then you will be getting around 1% for the next 4 years.
    Jul 23, 2014. 09:07 AM | Likes Like |Link to Comment
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