Ockham Research Staff @ February 9, 2009 # No Comment Yet
GE got a lift today from speculation that the company may slash its dividend in the coming year. While this is normally bad news for most stocks, for GE it isn’t unexpected and may help the company shore up its AAA credit rating. Thist breaks a streak of 32 years of increasing dividends but is undoubtedly in the best interest of shareholders.
More on: Stock Soars on Hint of Dividend Cut, Huh?
Ockham Research Staff @ February 9, 2009 # No Comment Yet
The Enterprising Investor’s Guide newsletter for 2-9-09
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Ockham Research Staff @ February 6, 2009 # No Comment Yet
Financials were the story of the day on Friday, with Bank of America leading the way gaining 26 percent. However, there is so much going on politically right now that Monday will likely be another volatile day with the direction of the swing resting on the speech by Tim Geithner about the next phase in the bank rescue.
More on: Banks Rally as Obama’s Economic Team Waits On Deck
Ockham Research Staff @ February 5, 2009 # No Comment Yet
Wal Mart is back on our radar screen as the company continues to perform well and the stock is at 52 week lows. We think that if investors take a step back from the chaos of the market, they will realize that Wal Mart is still one of the best priced stocks in this market.
More on: Think Long-Term for Walmart
Ockham Research Staff @ February 4, 2009 # One Comment
Kraft Foods reported disappointing earnings today as the strengthening dollar hurt their performance overseas. We expect to see more of the same problems from Kellogg tomorrow, but there may be one silver lining that could save them from currency exchange trouble as well as consumers trading down to store brand.
More on: Kraft Results Could Mean Trouble for Kellogg
Ockham Research Staff @ February 3, 2009 # No Comment Yet
Results for Electronic Arts were released at the close of trading today, and they were bad, very bad. So, what justifies the stock’s rapid rise after hours? It seems to us that it points to hedge fund and mutual fund manipulation, and when that is the reason for a stock’s run up, be very careful as the action could turn in a moment.
More on: Electronic Arts: Clear Example of Manipulation?
Ockham Research Staff @ February 3, 2009 # No Comment Yet
Citi released a statement today about its use of TARP funds today, which included $36.5 billion in new lending. However, we are growing concerned that each decision out of Citi these days has been pushed on them by government interests. I guess these are the first signs of the dark side of TARP.
More on: Citi Bows to Pressure and Doubles Down
Ockham Research Staff @ February 3, 2009 # No Comment Yet
Ockham sheds some light on our valuation of BP with its attractive 8 percent yield. Of course, investors should always investigate a high yielding stock like this to make sure that there is no danger of a dividend cut. Barring something unforeseen in the earnings report tomorrow, we think that BP’s dividend is good to go, making them an attractive buy candidate.
More on: BP’s Dividend is Accidentally Enticing
Ockham Research Staff @ February 2, 2009 # No Comment Yet
The Enterprising Investor’s Guide newsletter for 2-2-09
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Ockham Research Staff @ February 2, 2009 # No Comment Yet
Ockham is pleased to announce the launch of its new information platform designed to combine our valuation analysis with our new business television monitoring tool, RazorWire. We are also pleased to announce that this new combined platform is now available for just $1 per month.
More on: Ockham Launches New RazorWire Application