Profile
Industry: Oil & gas equipment & services
Sector: Energy
Theme: Commodity renaissance
2-Year shareholder growth: +45.5%/year
Fair value estimate: $57
Valuation assumption: 8.0% MFCF yield
Location: Houston, Texas
Apple is in the crosshairs of an escalating trade war with China.
The Magnificent 7 looks more like the Magnificent 4. How much longer can this narrowing rally continue?
Murakami, a maker of rearview mirrors, trades at less than net cash. Is there value in Japan?
A few words on Apple, The Buckle, compounding and Joel Tillinghast’s book, Big Money Thinks Small… [mailbag]
“At the company level, China’s economy looks markedly better than the headlines,” says veteran retail analyst John Zolidis.
Upgrading New Oriental Education from Speculative to Opportunistic.
Negatives: recession on the way, big tech stocks still not cheap. Positives: bearish sentiment, lots of selling pressure below the surface. How these countervailing forces resolve themselves is an open question, but many high quality growth stocks are reasonably priced. [trades]
