Ockham Research Staff @ January 9, 2009 # No Comment Yet
So, we all expected holiday shopping to be weak, but it was even worse than expected. Retail results for the month of December continue to be released and the results are pathetic, but the discounters continue to be the only stocks we could recommend in this sector.
More on: Retail Staggers into the New Year
Ockham Research Staff @ December 9, 2008 # No Comment Yet
Kroger grocery stores reported earnings today that narrowly beat earnings and revenue estimates. The company raised guidance going forward as consumers are cooking at home more often during the recession; however, KR stock is selling off more than 7 precent at this time and it is approaching a very appealing valuation level.
More on: Grocer Kroger Thriving in Recession
Ockham Research Staff @ December 1, 2008 # No Comment Yet
The Enterprising Investor’s Guide 12-1-08
More on: The Enterprising Investor’s Guide 12-1-08
Ockham Research Staff @ November 26, 2008 # 2 Comments
No one can tell you where the economy is heading but if you are among those that believes that it will continue to deteriorate, then we suggest looking to companies that make inferior goods, like Spam. Hormel is producing the canned meat seven days a week in order to meet increased demand for the cheap alternative. Campbell Soup is having much the same growth in its condensed soups products.
More on: In Rough Times, Inferior Goods Make Superior Stocks
Ockham Research Staff @ November 7, 2008 # 2 Comments
BJ’s (enter joke here) has continued to post extremely impressive sales gains in recent months, in part do to the economic downturn. What’s more, the company has aggressively expanded its store presence coming into the down turn and sharholders are actually up so far this year!
More on: Another Blowout Month for BJ’s Wholesale
Ockham Research Staff @ October 22, 2008 # No Comment Yet
Consumers everywhere are pinching penny’s in this difficult economic environment and McDonald’s is one of the benefitiaries of this trend. We highlight in this post why MCD may be a great hedge against further deterioration of the economy.
More on: McDonald’s Riding High By Pricing Low
Ockham Research Staff @ July 10, 2008 # No Comment Yet
Wal-Mart has gone in the opposite direction of the broad market indexes thus far this year (up 20%). June same-store sales were up 5.8% which was well ahead of estimates of only 2%-4% increase. Interestingly, Ockham is still very positive on Wal-Mart from a long term value perspective.
More on: Wal-Mart Gets Boost from Stimulus Checks
admin @ April 14, 2008 # No Comment Yet
Our value investing methodology has shown Wal-Mart ( WMT) to be a very attractive buy candidate for quite some time now. In fact, at the beginning of 2007 we were asked for our top value stock buys by Barron’s and Wal-Mart topped our list. The price has oscillated a bit since […]
More on: Wal-Mart Continues to Impress
admin @ March 6, 2008 # No Comment Yet
The economy is slowing, but that is not a problem for retail giant Wal-Mart Stores ( WMT). Wal-Mart is the world’s largest retailer and its economies of scale allow the company to offer lower prices than its competitors. So, as housing prices fall, gas prices rise, and the average consumer gets […]
More on: Consumers Spend at Wal-Mart
admin @ February 15, 2008 # No Comment Yet
Sony Corporation ( SNE) appears to have learned its lesson from the Betamax/ VHS format war. As some already know, Sony was the primary backer of the Betamax format introduced in 1975 that competed with-and eventually-lost market share to VHS. The VHS format was introduced in 1976 by JVC and it proceeded to […]
More on: Sony: Blu-ray Redeems Betamax