July 26, 20210Comments

Podcast: Why These Stocks More Likely to Miss Earnings Are in the Danger Zone

CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: 3 S&P 500 Companies Likely to Miss Wall Street’s 2Q21 EPS Estimates.

by Kyle Guske II, Senior Investment Analyst, MBA

July 13, 20210Comments

3 S&P 500 Companies Likely to Miss Wall Street’s 2Q21 EPS Estimates

Insights into which companies are most likely to miss their consensus earnings estimates based on our proprietary Core Earnings research.

by Kyle Guske II, Senior Investment Analyst, MBA

July 13, 20210Comments

2Q21 Earnings: What to Watch for And Who Should Beat

Unprecedented insights into why Street Earnings provide a flawed picture of earnings, and five S&P 500 companies likely to beat 2Q21 Street EPS estimates.

by Kyle Guske II, Senior Investment Analyst, MBA

June 15, 20210Comments

Podcast: Why Street Earnings Are in the Danger Zone

Investment Analyst Kyle Guske II sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: S&P 500 Companies With the Most Misleading Street Earnings.

by Kyle Guske II, Senior Investment Analyst, MBA

May 28, 20210Comments

ICYMI: Long Ideas, New Trick to Hide Debt, Figs Is a Standout IPO, Alerts for Credit Ratings, Our Keynote Speech for the E&Y Global Blockchain Summit, Sector Fundamental Trends & Model Portfolio Updates

Here's what happened at New Constructs this past week.

by Matt Shuler, Investment Analyst II

May 24, 20210Comments

A New Way to Hide Debt…Again

“Non-Commenced leases” are the new version of operating leases, an accounting loophole that companies used to hide debt off-balance sheet prior to ASU 2016-02.

by Kyle Guske II, Senior Investment Analyst, MBA

May 24, 20210Comments

Podcast: Why This Accounting Loophole & the Companies Using It Are in the Danger Zone

CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: A New Way to Hide Debt…Again.

by Kyle Guske II, Senior Investment Analyst, MBA

November 6, 20190Comments

We’re Loving This Buy the Dip Opportunity

Investors should jump at the opportunity to buy the dip in this restaurant stock.

by Sam McBride

April 17, 20190Comments

Traditional Research Misses This Long Idea

Despite positives, such as profit growth and execs incentivized to create shareholder value, this stock is priced as if profits will permanently decline.

by Kyle Guske II, Senior Investment Analyst, MBA

February 25, 20190Comments

Podcast: How Analyzing 10-Ks Landed These Stocks in the Danger Zone

CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Danger Zone: Finding Danger in the Footnotes.

by Kyle Guske II, Senior Investment Analyst, MBA

May 9, 20181Comments

Can the Market Grow Into its Valuation?

The good news is that the market’s valuation remains well below its pre-2008 levels. Barring any major negative news (e.g. an oil crisis), we expect to see a relatively flat market for the rest of 2018 as company fundamentals catch up to the gains of last year.

by Sam McBride

September 18, 20170Comments

Taking GAAP Earnings at Face Value Puts Investors at Risk

The more investors understand about how GAAP net income omits valuable information, the better equipped they are to find truly hidden gems, or those companies with growing economic earnings and undervalued stock prices.

by Kyle Guske II, Senior Investment Analyst, MBA

September 8, 20170Comments

ICYMI: Most Attractive & Most Dangerous Stocks Update, Earnings “Recovery” Still an Illusion & Special Offer

Here's what happened at New Constructs this past week.

by Kyle Guske II, Senior Investment Analyst, MBA

May 10, 20170Comments

GAAP-Based Return on Invested Capital: Explanation & Examples

GAAP-based ROIC is based on a simplified after-tax profit (NOPAT) and invested capital that can easily be calculated using only the income statement and balance sheet.

by Kyle Guske II, Senior Investment Analyst, MBA

May 4, 20172Comments

The Earnings Recovery Is A Sham

Our analysis of the latest 10-K filings for the 2,600 largest and most actively-traded companies shows that the much-hyped end to the earnings recession is an accounting illusion.

by Sam McBride

September 23, 20164Comments

What’s The Problem With Non-GAAP Earnings?

Non-GAAP earnings are back in the crosshairs. 15 years after the Enron scandal first prompted the SEC to create rules for non-GAAP metrics, the proliferation of these pro forma results have led to renewed scrutiny.

by Sam McBride

July 19, 20160Comments

Why Companies Overpay For Acquisitions

Overpriced acquisitions are far from a new phenomenon, but they’ve been especially prevalent in recent months. As a result, we’ve gathered some ideas about the various reasons companies ignore the evidence and continue to overpay for acquisitions.

by Sam McBride

April 28, 20160Comments

The SEC Is Starting To Worry About Non-GAAP Earnings

We’ve been sounding the alarm on non-GAAP earnings for several years now. Companies exploited the wide leeway granted by the SEC to present their business in a more favorable light.

by Sam McBride

June 16, 20151Comments

David Trainer Presents at Interactive Brokers’ Traders Webinar Series

Join CEO David Trainer to learn exactly how New Constructs allows you to grow your wealth the smart way. This webinar was hosted by Interactive Brokers as part of their Traders Webinars.

by Max Lee

July 21, 20140Comments

Danger Zone: Stocks With Most Misleading Non-GAAP Earnings

Companies usually pitch these alternative metrics as “supplementary” data to help investors get a “better” view of the profitability of the business. Instead, we see red flags, not a better view.

by David Trainer, Founder & CEO

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