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Momintn

Momintn
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  • Mary Barra Can Turn GM Around [View article]
    I called about one of my children's GM cars and there were no recalls. In fact it has never had a recall. So I just don't think if you buy a car less than 8 years old, you are going to have many recalls. And it certainly hasn't hurt sales.
    I saw a new blue Corvette this week on the road and that is the best looking car I've seen in a long time. Look at what USA Today says:
    Chevy Corvette Z06 will be GM's most powerful car ever
    http://usat.ly/1mjsUmP
    Jun 6, 2014. 09:29 AM | 4 Likes Like |Link to Comment
  • IBM's Hidden Source Of Value [View article]
    I agree with this article 100%. According to S&P, if IBM were priced similarly to the 1500 S&P Information Technology sector, its price would be $322. If you buy stocks that are over-priced, and the market goes down, you are going to regret that you didn't buy IBM instead. Believe me, I've made the mistake of buying stocks touted by CNBC, and then lost money a year later. Always check the valuation and don't buy anything that is priced higher than the S&P unless you have good reason. Cheap stocks do catch up to the sector. Remember when Microsoft had a P/E of 9? Well now it's 15. So do your homework and I think you will buy IBM.
    Jun 6, 2014. 09:03 AM | 3 Likes Like |Link to Comment
  • Focus On High-Yielders With Growing Distributions [View article]
    CINF and ED look like analysts expect earnings to be down this year. AEE and OKS look ok.
    Jun 5, 2014. 06:01 PM | Likes Like |Link to Comment
  • IBM: Worth $260 Per Share [View article]
    There is no RMD in a Roth IRA. I wish I had converted more to a Roth.
    Jun 5, 2014. 04:50 PM | Likes Like |Link to Comment
  • IBM: Worth $260 Per Share [View article]
    If I needed that money this year, I guess I would be concerned. But money I need this year is in cash. In fact, I have so much cash, I bought more IBM stock this year in an IRA that I may never withdraw.
    Jun 5, 2014. 12:36 PM | Likes Like |Link to Comment
  • IBM: Worth $260 Per Share [View article]
    Total return which includes dividends.
    And the past returns do not guarantee future returns that will be equivalent.
    Jun 5, 2014. 11:28 AM | Likes Like |Link to Comment
  • General Motors' Ignition Switch Victims Speak Louder From The Grave Than The Company [View article]
    S&P has a Strong Buy rating on GM.
    Jun 5, 2014. 11:16 AM | 1 Like Like |Link to Comment
  • IBM: Worth $260 Per Share [View article]
    A couple of things I noticed today:
    IBM was up pre-market on heavy volume. The only thing I could find out is
    "Big Blue on Thursday said it will work with the Shanghai Airport Authority to build a software system to help manage operations at Shanghai’s Hongqiao Airport. They didn’t disclose financial terms."
    http://on.wsj.com/1p9PDWc

    And when I looked back over S&P's report on IBM which they rate as Market Perform with a Quality Rating of A+, "Our 12-month target price is $200. Comparisons to the 2014 P/E of S&P 1500 Information Technology
    Sector index results in a price of $322."
    So either IBM is very undervalued or S&P 1500 IT is over-valued.
    Jun 5, 2014. 10:55 AM | Likes Like |Link to Comment
  • IBM: Worth $260 Per Share [View article]
    If you have been in the market for that long, you know that you can't measure performance by looking at a stock chart.
    Investors know why IBM's EPS was down last quarter. One quarter does not make a stock. And it's in the past.
    Jun 5, 2014. 10:44 AM | Likes Like |Link to Comment
  • IBM: Don't Focus On Short-Term Changes In Revenue [View article]
    For 2013
    Change In Cash and Cash Equivalents 304,000
    http://yhoo.it/1p9Gay5

    Moody's says IBM's Aa3 rating not affected by share buyback or dividend increase
    Jun 5, 2014. 09:53 AM | Likes Like |Link to Comment
  • Watch Out For The Buyback Taper [View article]
    Companies buy back shares to return earnings to shareholders that do not subject them to a taxable event or require re-investment costs.
    Jun 5, 2014. 09:25 AM | 2 Likes Like |Link to Comment
  • General Motors' Ignition Switch Victims Speak Louder From The Grave Than The Company [View article]
    Then they better hire a bunch of regulators to go out and see all the accidents. I have never had an airbag deployed in any vehicle in an accident, so apparently there are many problems out there.
    Jun 4, 2014. 02:22 PM | 1 Like Like |Link to Comment
  • General Motors' Ignition Switch Victims Speak Louder From The Grave Than The Company [View article]
    I'm not sure that any safety equipment saves a life when you crash into a tree. Nor do I think that automakers have liability when their safety equipment fails. I could be wrong but I don't think you are guaranteed a perfect car with no failing parts. That is why you have insurance. The point of safety equipment is to make the car safer but perfection won't be attained by anyone. Let's say that you become used to your car stopping before backing into something. Then one day, you back into your house. Is the automaker going to be liable for replacing your car and repairing your house? I don't think so.
    Jun 4, 2014. 01:58 PM | 1 Like Like |Link to Comment
  • Today's Market: Financials, Rates And Where To Invest [View article]
    Thanks. I still do not have any individual investments in banks as I sold my trades last year in BAC and RF.
    Jun 4, 2014. 01:52 PM | Likes Like |Link to Comment
  • Watch Out For The Buyback Taper [View article]
    I am really tired of comparisons that go back to 2008. The crash was imposed on everyone by the financial industry's negligence and outright fraud. The entire world did nothing but try to preserve their cash. Meanwhile look at IBM's business.
    http://bit.ly/14AaREI
    IBM revenue went down in 2009 but Total net income was up. In fact IBM's total net income went up for 7 years and was only slightly down in 2013. If you want to own companies that make more money in the most confusing and divisive of times, then IBM is one you should own. They make money in both good times and bad.
    Jun 4, 2014. 01:45 PM | 2 Likes Like |Link to Comment
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