Author Archive: Jeremy Parkinson
Whirlpool (WHR) Beats On Q4 Earnings, Sales Lag Hurts Stock
Whirlpool Corporation (WHR – Free Report) reported mixed fourth-quarter 2017 results with earnings topping estimates while sales missed the same. While the company posted a positive earnings surprise after five consecutive misses, sales lagged for the third straight quarter. Further, management provided earnings outlook for 2018. Moreover, the company hinted at margin gains in the year. Shares of […]
Weekly Heating Oil Prices – Wednesday, January 24
We’ve used data based on the Energy Information Administration (EIA), which publishes price data weekly on home heating oil in 38 states by dollar-per-gallon before taxes. Unlike natural gas and electricity, home heating oil is provided by independent retailers. The latest price of home heating oil nationwide is $3.21, unchanged from last week and up fifty-four cents […]
Looking For The Next Amazon In The Technology Industry
Of the newer batch of technology companies, Facebook, as a very profitable enterprise, is a rare exception. Other big names like Netflix, Tesla, and the still private Uber are burning through billions of dollars each year as they try to scale. The promise is that they will one day look like Amazon when they do, […]
Las Vegas Sands (LVS) Posts Big Earnings Beat Thanks To Continued Macau Recovery
Las Vegas Sands Corp. (LVS – Free Report) just released its fourth quarter fiscal 2017 earnings results, posting earnings of 88 cents per share and revenue of $3.44 billion. Currently, LVS is a Zacks Rank #2 (Buy), and is up almost 2% to $79.00 per share in trading shortly after its earnings report was released. The casino […]
Bank Of America Capitulates By Raising Its Year End S&P 500 Price Target
S&P 500 Has A Great Year In 3 Weeks The stock market has already had a good performance for the year with about 3 weeks in the books. The 6.22% return in the S&P 500 this year means the market has already pushed passed some full year projections. The euphoria is real as the market not […]
Roadrunner Transportation Systems Is A Buy Amidst Nationwide Capacity Shortage
Roadrunner Transportation Systems, Inc. (RRTS) is a non-asset based transportation and logistics services provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and intermodal brokerage, and domestic and international air. The Company utilizes a proprietary web enabled technology system and a third-party network of transportation providers to serve a diverse customer […]
Okay Guys, We’re Goin’ On Tour
Well, the Trump administration is on a world tour and predictably, things went awry almost immediately. U.S. traders woke up to news that upon touching down in Switzerland, Treasury Secretary (and man who isn’t used to being the poorest guy in the room) Steve Mnuchin was quick to beat the trade war drum. The greenback, already under tremendous […]
Huge Headwinds For Housing: Price, Rising Mortgage Rates, Supply
Supply of existing homes is at 19-year (all-time) low according to the NAR. Those are not the only headwinds. Earlier today I noted Existing Home Sales Drop 3.6% as Supply Hits 19-Year Low. But supply is not the only issue affecting home sales. Median Sales Price Existing Homes Graph from Y-Charts, anecdotes mine. Since January 2013, […]
Hoisington Quarterly Review And Outlook
We continue our 8-part SIC Speaker Series today with my good friend Lacy Hunt of Hoisington Investment Management. In their fourth-quarter 2017 review and outlook, Lacy and partner Van Hoisington take a definitely contrarian stance on the coming year. Where most analysts – and the Federal Reserve itself – are expecting robust US economic growth, […]
Nothing To Fear In The Stock Market But The Fear Of Missing Out Itself
I have quite a few clients in their eighties and a number in their late eighties. That is not particularly surprising when your client base is chock-full of retirees and near retirees. What did surprise me a bit is a call from an 87-year old client yesterday afternoon. She called to inquire why her friends […]
