Author Archive: Jeremy Parkinson
Standing Ready To Lease Gold
We will take another break from capital destruction, to treat a topic which has come up this week. On March 11, we said: “…central bankers do not think about gold. Granted, they once did. In the 1960’s, there was the now-infamous London Gold Pool to keep the price of gold at $35. This is endlessly […]
Canadian Solar Q4 Earnings & Sales Miss Estimates
Canadian Solar Inc. (CSIQ – Free Report) reported fourth-quarter 2017 earnings of $1.01 per share, missing the Zacks Consensus Estimate of $1.03 by 2%. The company had reported a loss of 23 cents per share in the year-ago period. Canadian Solar Inc. Price, Consensus and EPS Surprise Canadian Solar Inc. Price, Consensus and EPS Surprise | Canadian Solar Inc. Quote […]
Oil: Sanction It Is
There is a lot on the plate for oil this week. Not only do we have the Fed meeting we have the possibility of new sanctions on Russia and the potential pullback from the Iranian nuclear deal. This came against a backdrop of surging global demand for oil and related products. The Fed should raise rates […]
Meritage Homes Belatedly Pivots Toward Entry-Level Home Buyers
I had high hopes for Meritage Homes (MTH) before and after the company reported earnings last month. Home builders were leading the market into a big sell-off, and I expected MTH to set the record straight on the health of the housing market. The headline earnings were solid but not quite inspiring enough. The stock […]
U.S. Quality Dividend Growth: An Alternative To The S&P 500
We are coming up on five years since we launched the WisdomTree U.S. Quality Dividend Growth Fund (DGRW), our $2.13 billion ETF1 that tracks the WisdomTree U.S. Quality Dividend Growth Index. Its benchmark is the NASDAQ US Dividend Achievers Select Index, but figure 1 also includes the S&P High Yield Dividend Aristocrats and the S&P 500 Indexes. Figure 1: WisdomTree U.S. Quality […]
Recession: When You See It, It Will Be Too Late
“There are no signs of recession. Employment growth is strong. Jobless claims are low and the stock market is up.” This is heard almost daily from the media mainstream pablum. The problem with a majority of the “analysis” done today is that it is primarily short-sighted and lazy, produced more for driving views and selling advertising rather […]
E Firm Says Buy Fitbit Stock, Contradicting Other Analysts
Research firm Craig-Hallum today started coverage of Fitbit (FIT) with a Buy rating. The firm believes that “all pieces are in place for a successful change in strategy,” The Fly reported. Craig-Hallum initiated coverage of the shares with a $10 price target, nearly 90% above the stock’s current price. Craig-Hallum’s bullish take on Fitbit […]
Cronos Group Inc. Shares Pop In Premarket On MedMen Joint Venture
On Monday morning before the market opened, shares of Cronos Group (CRON) popped over 5% on news that they will be entering a cross-border joint venture with MedMen Enterprises. This will help MedMen gain access into the huge market across Canada which is expected to fully legalize marijuana in the coming months. CRON Technicals Looking […]
E Why Cyber Security Stocks Look Poised For Continued Growth In 2018
It was 2015 when IBM’s Chairman, President and CEO Ginni Rometty said, “Data is the phenomenon of our time. It is the world’s new natural resource. It is the new basis of competitive advantage, and it is transforming every profession and industry.” She couldn’t have been more right. The world continues its push to go […]
5 Great Stocks This Week – Monday, March 19
I evaluated a lot of different companies this week to determine whether they are suitable for Defensive Investors, those unwilling to do substantial research, or Enterprising Investors, those who are willing to do such research. I also put each company through the ModernGraham valuation model based on Benjamin Graham’s value investing formulas in order to determine […]
