10 reasons this is not a sustainable rally
We continue to have a nice start to the month of September as the market continues to rally after a better than expected jobs report. Despite the nice start to the month, here are ten reasons that we believe this is just a move up to the top end of the trading range we have [...]
Time to go long with Medtronice
Company Overview: Medtronic, Inc. develops, manufactures, and sells device-based medical therapies worldwide. Its Cardiac Rhythm Disease Management segment offers cardiac pacemakers, implantable defibrillators, cardiac resynchronization therapy devices, atrial fibrillation products, leads, ablation products, electrophysiology catheters, information systems, diagnostics and monitoring products, and patient management tools. The company’s Spinal segment offers thoracolumbar, cervical, and interbody spinal [...]
Just how overvalued is Salesforce?
Synopsis: About three weeks ago I penned an article about Salesforce as part of SeekingAlpha’s “One Stock” feature. http://seekingalpha.com/article/216584-just-one-stock-the-cloud-leader-due-for-a-return-to-earth?source=tracking_email. I was pleased by the amount of comments the article generated. As I was advocating shorting the stock, some of the comments were quite terse as one would expect when one espouses an opinion against owning [...]
Time to nibble at Aeropostale
Company Overview: Aeropostale, Inc. operates as a mall-based specialty retailer of casual apparel and accessories. It designs, markets, and sells merchandise principally targeting 14 to 17 year-old young women and men. The company offers a collection of apparel, including graphic t-shirts, tops, bottoms, sweaters, jeans, and outerwear, as well as accessories, including sunglasses, belts, socks, [...]
Going long with United Health
Company Overview: UnitedHealth Group Incorporated provides healthcare services in the United States. The company’s Health Benefits segment offers consumer-oriented health benefit plans and services; administrative and other management services; and non-employer based insurance options for purchase by individuals. It also provides health and well-being services for individuals aged 50 and older, as well as to [...]
Taking advantage of the selloff in Cisco
Company Overview: Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol (IP)-based networking and other products to the communications and IT industry worldwide. The company offers routers that interconnect public and private IP networks for mobile, data, voice, and video applications; switching systems, which provide connectivity to end users, workstations, IP phones, access points, and [...]
The Case for Amgen
Company Overview: Amgen Inc., a biotechnology medicines company, discovers, develops, manufactures, and delivers human therapeutics based on advances in cellular and molecular biology primarily in the United States, Europe, and Canada. The company markets primarily recombinant protein therapeutics in supportive cancer care, nephrology, and inflammation. Its principal products include Aranesp and EPOGEN erythropoietic-stimulating agents that [...]
The Case for ITT
Company Overview: ITT Corporation designs, manufactures, and sells a range of engineered products, and provides related services worldwide. The company’s Defense segment provides a range of information, situational awareness, and electronic warfare systems for multiple military aircraft, surface ships, submarines, and ground vehicles; systems integration, communications, engineering, and technical support solutions; a range of research, [...]
Time to go long Noble Energy
Company Overview: Noble Corporation provides offshore contract drilling services for the oil and gas industry worldwide. As of December 31, 2009, it operated a fleet of 62 mobile offshore drilling units, including 13 semisubmersibles, 4 dynamically positioned drillships, 43 jackups, and 2 submersibles. The company also offers labor contract drilling services, and engineering and consulting [...]
Why Owens Illinois is a buy
Company Overview: Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass containers primarily in Europe, North America, South America, and the Asia Pacific. It produces glass containers for beer, ready-to-drink low alcohol refreshers, spirits, wine, food, tea, juice, and pharmaceuticals. The company also produces glass containers for soft drinks and other non-alcoholic beverages. Owens-Illinois sells [...]
Bret Jensen, a two-decade market veteran, is Chief Investment Strategist of