December 18, 20170Comments

Danger Zone: Value Destroying Buybacks

Companies often buyback shares when their stock is at the highest point, and they sometimes pass up profitable investments or even go into debt to do the buybacks.

by Sam McBride

October 10, 20170Comments

See Us on CNBC Discussing Wal-Mart

New Constructs CEO, David Trainer, joins CNBC’s Closing Bell to discuss Wal-Mart’s business, the competitive landscape, and its current valuation.

by Kyle Guske II, Senior Investment Analyst, MBA

January 3, 20170Comments

Stock Faceoff: Giants of Retail

On the back of a strong holiday season, retailers are back in the spotlight. To start out the new year, we want to take the time to circle back to two of our previous long ideas on some of the giants in the retail industry.

by Sam McBride

February 17, 20160Comments

Stocks To Hold Through A Bear Market

It’s time to look beyond technical price movements, earnings estimates, or analyst opinions. The reconciliation between cash flows and valuations has arrived. The market is beginning to distinguish between those companies that earn a quality ROIC and those that do not.

by Kyle Guske II, Senior Investment Analyst, MBA

December 2, 20150Comments

High ROIC Stocks Outperformed in 2008

What do these companies have in common? They are the only surviving S&P 500 stocks to rise 10% or more in 2008. In the midst of a collapsing market and the subsequent damage, these seven stocks made good money for investors.

by Sam McBride

October 28, 20150Comments

How To Avoid Dividend Traps

Don’t get burned buying a stock without business operations that cannot support the dividend. Chasing yield could leave you holding the bag once dividends get cut and share prices fall. Find out how to avoid these traps in this week’s webinar “ How To Avoid Dividend Traps.”

by Kyle Guske II, Senior Investment Analyst, MBA

October 14, 20150Comments

Buy The Dip: Wal-Mart Stores (WMT)

In late August, we wrote that Wal-Mart shares were a bargain and today’s overreaction to management’s guidance presents an even better buying opportunity.

by Kyle Guske II, Senior Investment Analyst, MBA

October 1, 20152Comments

4Q15 Sector Ratings for ETFs & Mutual Funds

At the beginning of the fourth quarter of 2015, only the Consumer Staples sector earns an Attractive-or-better rating. Our sector ratings are based on the aggregation of our fund ratings for every ETF and mutual fund in each sector.

by Kyle Guske II, Senior Investment Analyst, MBA

August 21, 20151Comments

A Retail Giant Positioning for Future Profit Growth

Retailers have been under attack in recent years but not by the online competitors that may first come to mind. Instead, retailers have been under attack from Wall Street analysts who can’t wait to bury the next traditional retail business.

by Kyle Guske II, Senior Investment Analyst, MBA

October 7, 20140Comments

Sector Rankings For ETFs & Mutual Funds

At the beginning of the fourth quarter of 2014, only the Industrials and Consumer Staples sectors earn an Attractive-or-better rating.

by David Trainer, Founder & CEO

April 3, 20140Comments

Sector Rankings For ETFs & Mutual Funds

For the second quarter of 2014, only three sectors manage to even earn a Neutral rating. My sector ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each sector.

by David Trainer, Founder & CEO

February 7, 20140Comments

No Progress From Amazon in 2013

Amazon (AMZN: $356/share) filed its annual Form 10-K last week. Our analysts have picked through the financial footnotes and fine print. 2013 results reinforce my bearish thesis from May of 2013 that AMZN’s valuation implies a more unrealistic level of growth and profitability than investors realize.

by David Trainer, Founder & CEO

January 17, 20140Comments

Best & Worst ETFs & Mutual Funds: Consumer Staples Sector

Check out my sector overview on Reuters Insider here. The Consumer Staples sector ranks first out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds

by David Trainer, Founder & CEO

November 4, 20130Comments

How To Avoid the Worst Sector ETFs

Picking from the multitude of sector ETFs is a daunting task. In any given sector there may be as many as 44 different ETFs, and there are at least 183 ETFs across all sectors.

by David Trainer, Founder & CEO

October 7, 20130Comments

Sector Rankings For ETFs & Mutual Funds

At the beginning of the fourth quarter of 2013, 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.

by David Trainer, Founder & CEO

July 29, 20130Comments

How to Avoid the Worst Style ETFs

Picking from the multitude of style ETFs is a daunting task. There are as many as 42 in any given style and at least 223 ETFs across all styles.

by David Trainer, Founder & CEO

June 4, 20132Comments

Wal-Mart: Still Offering Great Value

Wal-Mart’s stock has done well since we first opened a position in June 2011, but it is still significantly undervalued.

by David Trainer, Founder & CEO

May 20, 20137Comments

Danger Zone 5/20/2013: Amazon.com (AMZN)

The belief that Internet retail is or will be more profitable than traditional retail is untrue. Amazon is in a competitive, low margin business that cannot justify the profit growth implied in its valuation.

by David Trainer, Founder & CEO

June 18, 20120Comments

Definition: Price-To-EBV, or Price to Economic Book Value ratio

The difference between the stock price and Economic Book Value (EBV) of s stock measures the difference between the market's expectation for future profits and the no-growth value of the stock.

by David Trainer, Founder & CEO

April 30, 20120Comments

Top Stock Picks: 2011 In Reivew

Everyone wants diligence. Few will ever turn it down. The problem is that diligence is expensive. New Constructs makes diligence cost-effective.

by David Trainer, Founder & CEO

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