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What We’re Reading This Morning — September 15, 2014

Monday, September 15th, 2014 512px-Ackerman_farmer

Why have market dips been so shallow of late? (Plus a Barron’s feature)

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What We’re Reading This Morning — September 10, 2014

Wednesday, September 10th, 2014 512px-Ackerman_farmer

What is Microsoft trying to buy for $2 billion?

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Do Microsoft Bulls Have A Convincing Case?

Tuesday, August 5th, 2014 14450220780_28247b8642_m

MSFT currently earns our Neutral rating, but if new CEO Satya Nadella can halt the company’s declining return on invested capital (ROIC), the stock’s valuation is cheap enough to make it intriguing.

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Danger Zone 9/30/13: Zynga (ZNGA)

Monday, September 30th, 2013 Danger Zone 9/30/13: Zynga (ZNGA)

The stock has been beat up since its much-hyped IPO in 2011, but even after losing 61% of its value the stock is still too expensive. ZNGA is competing in an immature market where the barriers to entry are almost nonexistent and brand loyalty is a foreign concept.

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

Tuesday, July 16th, 2013 SB4

This report identifies the “best” ETFs and mutual funds based on the quality of their holdings and their costs. As detailed in “Low-Cost Funds Dupe Investors”, there are few funds that have both good holdings and low costs. While there are lots of cheap funds, there are very few with high-quality holdings.

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How To Find the Best Style ETFs

Friday, May 24th, 2013 BSTET1

Finding the best ETFs is an increasingly difficult task in a world with so many to choose from.

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Danger Zone 5/13/2013: Apple Inc. (AAPL)

Tuesday, May 14th, 2013 appleSlice

Too many investors are looking at AAPL through the rear view mirror and assume that its sky-high profits and return on invested capital (ROIC) are sustainable. As I detail in my CNBC interview, Apple is not cheap and investors should not underestimate the impact of losing Steve Jobs.

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How To Avoid the Worst Style ETFs

Tuesday, March 26th, 2013 HowWorstStyleETFsFig1

Picking from the multitude of style ETFs is a daunting task. We are here to make it simpler and smarter.

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Fox TV Interview: How To Make Money In This Market

Tuesday, July 24th, 2012 Fox TV Interview: How To Make Money In This Market

Yesterday, on Fox Business’s After The Bell, I shared my market outlook and strategy for making money in the current market. Here is the interview.

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Best & Worst Style ETFs & Mutual Funds

Monday, April 30th, 2012 StyleB&WFig1

The best ETFs and mutual funds have high-quality holdings and low costs. As detailed in “A cheap fund is not always a good fund”, there are few funds that have both good holdings and low costs. While there are lots of cheap funds, there are very few with high-quality holdings.

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Roadmap to the Best & Worst ETF and Mutual Fund Styles

Wednesday, April 25th, 2012 StyleRoadmapFig1

None of the fund styles earn a rating better than Neutral. The primary driver behind the Neutral-or-worse ratings is poor… Read more >>

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Microsoft (MSFT): Very Attractive Rating — for Ask Matt Readers

Monday, April 9th, 2012 Microsoft (MSFT): Very Attractive Rating — for Ask Matt Readers

MSFT gets my best rating because the company’s ROIC, at 72%, ranks 8th in the S&P 500 while its stock price (~$31.52/share) implies the company’s profits will permanently decline by about 20%. High profitability and low valuation create excellent risk/reward in a stock. Here is my free report on MSFT.

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Flaws In Traditional Fund Research Should Not Be Tolerated

Wednesday, March 21st, 2012 MS_ratingsDistribution

Investors deserve truly independent research on funds. I show they are not getting it from Morningstar.

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Don’t Fall For the Market Head-fake Today

Tuesday, August 9th, 2011 figure1

The market decline experienced thus far is closer to its beginning rather then its end. Today’s refreshing market rise is likely just a flash in the pan.
The market needs to go down again before it can sustain any future rise.

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Lorillard’s Profits Require No Smoke and Mirrors

Tuesday, May 24th, 2011 Figure 1_Lorillard

I am not a smoker or tobacco user, and I do not like to be around smokers. However, that prejudice does not blind me from the fact that Lorillard, Inc. (LO) is a “very attractive” stock. I recommend investors buy it as well as the following ETFs because of their large allocations to LO and their attractive-or-better investment ratings…

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