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Snoopy1

Snoopy1
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  • General Motors - Priced For Earnings Contraction [View article]
    Also, not only has GM won car of the year (Vette, CTS) and was #1 in J.D. Power's quality survey, but Cadillac just ranked #1 in dealer service which is impressive given Lexus has been stellar in this category.

    April 9 (Reuters) - General Motors Co's Cadillac overtook Toyota Motor Corp's Lexus to emerge as the highest-ranked brand for customer satisfaction with dealer service, according to an annual survey by market research firm J.D. Power. Lexus, which had topped the category in the previous five surveys, slipped to No. 3. Buick jumped two spots to lead the mass-market category.

    Five years ago, I would never consider any of GM's brands, but now would include them on my shopping list, in particular the Caddy CTS VSport which is a fantastic sports sedan.
    Apr 9 01:18 PM | 2 Likes Like |Link to Comment
  • Automakers increase discounts on trucks [View news story]
    You seem to spend a lot of your time bashing GM for unethical behavior. Do you do the same for GS, BAC, MO, AIG, BP etc.?

    This is an investor site, so I'd be interested in what price you think GM is a "buy" and how you determine this figure.
    Apr 5 11:30 AM | 2 Likes Like |Link to Comment
  • Jim Cramer Goes Cautious On The Market [View article]
    Cramer was bullish just a few days ago and now he's bearish? Typical Cramer - goes where the winds blows.

    His claim to fame is making a lot of money in the 1990s and saying investors should only own tech stocks in Feb 2000 right before the tech crash. Like many others, he got lucky in the greatest stock market bubble in U.S. history and the last decade has shown he isn't talented at picking stocks.
    Apr 4 04:16 PM | 6 Likes Like |Link to Comment
  • Automakers increase discounts on trucks [View news story]
    What do you think GM shares are worth and how do you come to that figure?
    Apr 4 12:28 PM | Likes Like |Link to Comment
  • General Motors roundup: Barra grilled, Feinberg hired, sales momentum [View news story]
    Maybe you should short GM then. I think the valuation is very cheap and reflects the recall concerns and should be much higher in a year.
    Apr 2 12:47 PM | 1 Like Like |Link to Comment
  • General Motors roundup: Barra grilled, Feinberg hired, sales momentum [View news story]
    This is a no-brainer situation for Barra. She admits GM's fault, says the "New GM" is customer friendly with a focus on quality cars and pays nice $ settlements to those affected.

    In a few months, investors will be focused in 2015 EPS and the stock should hit at least $40 in a year.
    Apr 2 11:47 AM | 2 Likes Like |Link to Comment
  • Stronger Organic Growth Has Investors Excited About Colfax [View article]
    Is there a price where you think CFX is a good risk/reward?
    Mar 29 03:21 AM | Likes Like |Link to Comment
  • Wal-Mart sues Visa for $5B over swipe fees [View news story]
    Cincinnatus,

    If V and MA don't provide what you consider necessary fraud protection, other companies will step in to fill this need. That's not happening because V and MA have a hard-to-duplicate network that they built so they can do whatever they want. If you don't like it, pay cash.

    If the banks thought it would be an easy fix, they would force V and MA to institute these fraud protections since banks are the ones who absorb these writeoffs. I think a lot of retailers won't upgrade their systems to accept smart cards since they don't take responsibility for fraud. The banks can pay for the upgrades if they want to reduce fraud losses.
    Mar 28 01:10 AM | 2 Likes Like |Link to Comment
  • Wal-Mart sues Visa for $5B over swipe fees [View news story]
    Cincinnatus,

    I'm pretty sure that retailers can give cash discounts so why doesn't WMT try to give this "excess fee" back to the consumers?
    Mar 28 01:04 AM | 2 Likes Like |Link to Comment
  • Wal-Mart sues Visa for $5B over swipe fees [View news story]
    The court upheld the Fed's reduced fees so this seems to be a clear case of sour grapes because WMT wants to pay less for transaction fees just like when it squeezes suppliers of Tide, Oreos and every other product they buy. It's tough to squeeze a legal semi-duopoly and WMT just can't accept that they can't push V around.

    If WMT doesn't like paying the fees, they shouldn't accept V or MA.
    Mar 27 11:18 PM | 6 Likes Like |Link to Comment
  • Wal-Mart sues Visa for $5B over swipe fees [View news story]
    Do you really pay with cash for things you buy? I rarely carry cash these days as credit cards are much more efficient unless you enjoy going to an ATM and writing checks and balancing your checkbook.

    Some people do use credit cards to spend money they don't have, but I imagine WMT's sales would suffer is only cash was used. WMT mgmt are bullies trying to get money from others to cover up their incompetence at growing sales and profits.
    Mar 27 09:34 PM | 1 Like Like |Link to Comment
  • General Motors Has The Guts To Deliver Upside Potential [View article]
    This may take several months for the recall confusion to blow over, but I think GM shares should get to $42+ in a year and a great way to play it is a risk-reversal strategy - Buy a Jan 35/42 call spread funded by selling a 32 put for a net premium of zero.

    GM cars are infinitely better than the garbage they put out in the previous few decades and eventually the consumer will figure this out.
    Mar 24 06:59 PM | 1 Like Like |Link to Comment
  • Starbucks: Fueling Future Growth With Addiction [View article]
    He's on Planet "doesn't understand one-time 2013 $2.7Bn charge for the payout to Kraft".

    That being said, the current 26x forward P/E isn't cheap, but I think SBUX will still have moderate returns going forward and I layer on ratio call spreads to boost profits. I hope to buy more if the shares trade in the 20-22x range.
    Mar 22 02:14 PM | Likes Like |Link to Comment
  • ModernGraham Quarterly Valuation Of MasterCard Inc. - March 2014 [View article]
    IMHO, the P/Es are justified given their competitive moats and long runway for growth but they are priced for market-type, not excess future returns.

    FYI - Morningstar tries to value stocks based on long-term earnings and FCF and they have a fair value of $223 for V and $82 for MA.

    Disclosure: V and MA are my largest holding.
    Mar 21 02:56 PM | Likes Like |Link to Comment
  • Starbucks: Fueling Future Growth With Addiction [View article]
    I had the exact same $65 buy price in mind but then bought it at $70.90 as it rebounded at my max limit 25x forward P/E - got lucky.

    For these quality growth stocks, it's always a good idea to average down because they often remain expensive and you want some exposure. Alternatively, if you are a longer-term investor, you can buy the shares at a moderate price and then layer on a low-cost ratio call spread to boost returns.

    For example, buying at the current $77 and then for each 100 shares buy a 1:2 ratio Jan 2015 75/85 call spread for $0.70 premium. It doubles the upside return of the stock to a capped 23% including dividend if it's $85+ in January. Not bad for 10 months.
    Mar 21 02:24 PM | 1 Like Like |Link to Comment
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