Facebook (FB) gets the Barron's treatment, making the cover along with an assertion it's worth $15/share. "Success in mobile is no sure thing," writes Andrew Bary, not surprisingly focusing on the rapid shift in the company's user base away from desktops. Mostly ignored by the sell-side, the firm has a whopping stock-based compensation expense. Toss this in, and even at $15, the shares would trade at 35X 2013 estimates. [View news story]
The old expression " you've been suckered" will be replaced by the contemporary expression " you've been Zuckered". Only hope for the 38 dollar a crowd is the law suit.
A court in Norway upholds a national ban on displaying tobacco products in stores in plain sight as part of a policy to discourage smoking. Major European seller Philip Morris (PM) says it may appeal the decision on the grounds it violates a free trade agreement between the EU and non-member Norway. [View news story]
Makes one skeptical of the worth of SA articles....
I Am Not Buying Cisco's Dividend Increase [View article]
Mr. Murdock's conclusion does not deserve comments such as "Wow, the conclusion really sucks." It adds nothing to the debate. The reasons why he/she makes such a remark would be more constructive, leaving out the "street language".
Cisco Earnings Preview: Patience Needed With Valuation Reasonable And Long-Term Bottom Forming [View article]
Agree Mr. Chambers has been less than motivating when pondering CSCO. But not sure if it matters that much because it's always about the numbers, and the fundamental numbers are good. It's an "old tech" company which is seeking a new identity. Holding it won't lose you any money while waiting to see whether CSCO rises to the challenge; or selling and taking the cash to invest in something rewarding now, watching CSCO and jumping in if it looks ready to rise.
Warren Buffett appears to prefer cash over consumer stocks as the latest 10-Q from Berkshire Hathaway (BRK,BRK.A shows a buildup of the firm's cash position at the possible expense of powerhouse names such as Kraft (KFT +0.5%) and Procter & Gamble (PG +0.5%). Berkshire's cost basis in its consumer portfolio slipped to $9.84B from $12.3B during Q2. [View news story]
Makes one wonder whether Mr. Buffet is becoming negative about the economy and/or if he is hedging his bets on the election and the projected fiscal cliff scenario.
The Reversal Of Public Opinion: Bullish For Altria [View article]
PM has the agreement with China, not MO. However, both stocks are a buy or hold. Don't let the gaffe prevent you from absorbing some good commentary for thought.
5 Underpriced Dividend Stocks [View article]
Facebook (FB) gets the Barron's treatment, making the cover along with an assertion it's worth $15/share. "Success in mobile is no sure thing," writes Andrew Bary, not surprisingly focusing on the rapid shift in the company's user base away from desktops. Mostly ignored by the sell-side, the firm has a whopping stock-based compensation expense. Toss this in, and even at $15, the shares would trade at 35X 2013 estimates. [View news story]
A court in Norway upholds a national ban on displaying tobacco products in stores in plain sight as part of a policy to discourage smoking. Major European seller Philip Morris (PM) says it may appeal the decision on the grounds it violates a free trade agreement between the EU and non-member Norway. [View news story]
I Am Not Buying Cisco's Dividend Increase [View article]
The reasons why he/she makes such a remark would be more constructive, leaving out the "street language".
Cisco Earnings Preview: Patience Needed With Valuation Reasonable And Long-Term Bottom Forming [View article]
Warren Buffett appears to prefer cash over consumer stocks as the latest 10-Q from Berkshire Hathaway (BRK,BRK.A shows a buildup of the firm's cash position at the possible expense of powerhouse names such as Kraft (KFT +0.5%) and Procter & Gamble (PG +0.5%). Berkshire's cost basis in its consumer portfolio slipped to $9.84B from $12.3B during Q2. [View news story]
Altria: Solid Earnings Per Share Numbers Mask Serious Challenges [View article]
The Reversal Of Public Opinion: Bullish For Altria [View article]