Long Only, Biotech, Healthcare
Contributor Since 2012
My approach to investing has been strongly influenced by the investment philosophy of Peter Lynch. I primarily covers stocks in the technology sector.
Disclaimer: I am not a liscened financial advisor. Readers of my articles should always conduct their own due diligence. All investments have risks and they can potentially lose value in both the short and the long term. Content of my articles should be considered general information and the articles are not buy or sell recommendations. My articles are for informational purposes only.
1. Best Buy (BBY)- This stock has been hammered in recent days. The electronics megachain recently reported Q3 earnings that were lower than expectations. Many investors currently own the stock because they are holding out hope that the retailer will be bought out. However, I don't believe that holding BBY is good idea despite the takeover possibilities.
2. Dell (DELL)- On the surface Dell appears to a very undervalued stock. The stock has a PEG ratio of 1.01 and a P/S ratio of .30. Also, the stock is near its 52 week low and it has a P/E ratio of only 7.11. However, those numbers are misleading. The company's business model is in secular decline because of the move from PC's to mobile devices.
3. HP (HPQ)- Things just keep getting worse for the technology giant. The stock is hovering near 10 year lows. For years management has failed to deliver on their promise for growth. The company mistake with Autonomy have added to company's woes. The company's EPS has declined rapidly in the past year, which the graph below illustrates.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.