Sign Up For The Next
New Constructs Webinar






Navigation

Best & Worst ETFs & Mutual Funds: Consumer Discretionary Sector

Friday, July 12th, 2013 CDF1

The Consumer Discretionary sector ranks fifth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 17 ETFs and 27 mutual funds in the Consumer Discretionary sector as of July 9, 2013.

Read More

Best & Worst ETFs & Mutual Funds: Health Care Sector

Friday, July 12th, 2013 HCF1

The Health Care sector ranks fourth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 21 ETFs and 87 mutual funds in the Health Care sector as of July 9, 2013.

Read More

Accumulated Other Comprehensive Income Removed from Invested Capital – NOPAT Adjustment

Thursday, July 11th, 2013 OCI

Reported assets don’t tell the whole story of the capital invested in a business. Accounting rules provide numerous loopholes that companies can exploit to hide balance sheet issues and obscure the true amount of capital invested in a business.

Read More

Best & Worst ETFs & Mutual Funds: Industrials Sector

Thursday, July 11th, 2013 IT1

The Industrials sector ranks third out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 16 ETFs and 18 mutual funds in the Industrials sector as of July 9, 2013.

Read More

Best & Worst ETFs & Mutual Funds: Information Technology Sector

Thursday, July 11th, 2013 ITT1

The Information Technology sector ranks second out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 27 ETFs and 155 mutual funds in the Information Technology sector as of July 8, 2013.

Read More

Best & Worst ETFs & Mutual Funds: Consumer Staples Sector

Thursday, July 11th, 2013 CST1

The Consumer Staples sector ranks first out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Attractive rating, which is based on aggregation of ratings of 9 ETFs and 9 mutual funds in the Consumer Staples sector as of July 8, 2013.

Read More

Rating Breakdown: Best & Worst ETFs & Mutual Funds by Sector

Thursday, July 11th, 2013 Screen shot 2013-07-11 at 8.31.10 AM

This report focuses on my top picks and pans for all sector funds. I will follow this summary with a detailed report on each sector.

Read More

Proof Is In Performance Through 2Q13

Wednesday, July 10th, 2013 Proof Is In Performance Through 2Q13

There are many ways to define the quality and merit of equity research. One mea­sure stands tallest: per­for­mance of stock rec­om­men­da­tions. And by that mea­sure, New Con­structs’ research is of very high quality.

Read More

July’s Most DANGEROUS Stocks Available to the Public

Wednesday, July 10th, 2013 July’s Most DANGEROUS Stocks Available to the Public

New Constructs released July’s Most Dangerous Stocks report to the public today.

Read More

July’s Most Attractive Stocks Available to the Public Today

Wednesday, July 10th, 2013 July’s Most Attractive Stocks Available to the Public Today

The Most Attractive Stocks portfolio (+1.9%) outperformed the S&P 500 (+0.4%) last month.

Read More

Sector Rankings For ETFs & Mutual Funds

Wednesday, July 10th, 2013 Screen shot 2013-07-08 at 2.43.55 PM

At the outset of the 3Q2013, only the Consumer Staples sector earns an Attractive rating. My sector ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each sector.

Read More

Discontinued Operations Removed from Invested Capital – Invested Capital Adjustment

Tuesday, July 9th, 2013 DiscontinuedOperations

Most investors would never know that discontinued operations distort GAAP numbers by over-stating assets on balance sheets and distorting the picture of a company’s ability to generate a return on that capital.

Read More

Off-Balance Sheet Debt – Invested Capital Adjustment

Monday, July 8th, 2013 OBSD

Investors who ignore off-balance sheet debt are not holding companies accountable for all of the capital invested in their business. By adding back off-balance sheet debt to invested capital, one can get a true picture of the value that management is creating for shareholders. Diligence pays.

Read More

July’s Most DANGEROUS Stocks Available to Subscribers Today

Wednesday, July 3rd, 2013 July’s Most DANGEROUS Stocks Available to Subscribers Today

Paying customers can access July’s 40 Most Dangerous Stocks as of midnight last night.

Read More

July’s Most Attractive Stocks Available to Subscribers Today

Wednesday, July 3rd, 2013 July’s Most Attractive Stocks Available to Subscribers Today

Paying customers can access July’s 40 Most Attractive Stocks as of midnight last night.

Read More

Off-Balance Sheet Reserves – Invested Capital Adjustment

Wednesday, July 3rd, 2013 ICRES

Reported assets don’t tell the whole story of the capital invested in a business. Accounting rules provide numerous loopholes that companies can exploit to hide issues and obscure the true amount of capital invested in a business over its life.

Read More

Danger Zone 7/1/13: Callaway Golf (ELY)

Monday, July 1st, 2013 ELY_Irons

ELY is priced for significant profit growth despite declining revenues, increased pressure from competitors, and limited growth potential in the golf equipment industry.

Read More

Footnotes Adjustments for Earnings & Valuation Diligence

Monday, July 1st, 2013 Footnotes Adjustments for Earnings & Valuation Diligence

This article details the uniquely rigorous diligence behind each of our ratings on 3000 stocks, 7000 mutual funds and 400 ETFs. It contains reports on all the adjustments we make to convert GAAP data to economic earnings and derive true shareholder value in a discounted cash flow model.

Read More

Employee Stock Option Costs and Goodwill Amortization – NOPAT Adjustment

Friday, June 28th, 2013 ESO_Goodwill

Converting GAAP data into economic earnings should be part of every investor’s diligence process. Performing detailed analysis of footnotes and the MD&A is part of fulfilling fiduciary responsibilities.

Read More

McDonald’s Is Still on the Value Menu

Tuesday, June 25th, 2013 MCD_Fig1

The stock market is giving MCD no credit for the company’s proven track record of value creation and strong growth potential. Instead, the market predicts MCD’s profits will permanently drop. I think it is pretty clear the market’s expectations are too low for MCD. Investors should take advantage.

Read More
Page 20 of 49« First...10...1819202122...3040...Last »