Sign Up For The Next
New Constructs Webinar






Navigation

Investing in the Kitchen

Monday, July 14th, 2014 5405403890_6e004b5cff_m

Figure 1 compares 10 companies that make common kitchen products on the basis of return on invested capital (ROIC) and price to economic book value (PEBV).

Read More

Outstanding Employee Stock Options – Valuation Adjustment

Tuesday, August 13th, 2013 ESOliability_adjustment

Without careful footnotes research, investors would never know the amount of employee stock options that decrease the amount of future cash flow available to shareholders by diluting the value of existing shares.

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

Income and Loss from Discontinued Operations – NOPAT Adjustment

Friday, June 21st, 2013 IFDOT

We remove all income and losses from discontinued operations in calculating operating profit because this income/loss will not recur in the future, and we are looking for the true profitability of the continuing and core operations of a company.

Read More

Cheap Funds Dupe Investors – 2Q13

Friday, May 17th, 2013 LCDG

Fund holdings affect fund performance more than fees or past performance. A cheap fund is not necessarily a good fund. A fund that has done well in the past is not likely to do well in the future. Yet, traditional fund research focuses only on low fees and past performance.

Read More

Cheap Funds Dupe Investors – 4Q2012

Monday, October 22nd, 2012 LowCostsDupeFig1

Fund holdings affect fund performance more than fees or past performance. A cheap fund is not necessarily a good fund.
Our research on fund holdings enables investors to find funds with high quality holdings – AND – low fees.

Read More

Roadmap to the Best & Worst Sectors for ETFs & Mutual Funds

Tuesday, July 10th, 2012 sectorRoadmapFig1

Only one sector, Consumer Staples, earns my Attractive rating. See Figure 1 for my rankings of all ten sectors. My sector ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each sector.

Read More

Best & Worst ETFs & Mutual Funds: Consumer Staples Sector

Tuesday, April 17th, 2012 ConsumerStaplesFig1

The Consumer Staples sector ranks first out of the ten sectors as detailed in my sector roadmap. It gets my Attractive rating, which is based on the aggregation of my ratings for 10 Consumer Staples ETFs and 9 Consumer Staples mutual funds as of April 12, 2012. Reports on the best & worst ETFs and mutual funds in every sector and style are on my blog and MarketWatch’s Trading Deck.

Read More

Many Tasty Choices In Consumer Staples Sector ETFs

Tuesday, May 10th, 2011 Figure1

Select Sector SPDR-Consumer Staples (XLP) is our top pick for consumer staples sector ETFs. XLP is one of four ETFs, out of the 270 we currently cover, to get our very attractive rating. We also rate the investment merit of the top five consumer staple sector ETFs.

Read More