The first two days of this week featured a consolidation trade after some strong or frothy trading the prior few weeks in the wake of the Trump electoral victory. Some might say a correction is overdue; in my case, particularly, I was struck by the recent nomination of new FTC Commissioners. Ticker Target is not…
I realize that most subscribers do not follow the Income/Stability portfolio that we publish. I have some long time investment advisory clients who want dividend paying stocks-although getting much of a yield from decent information technology companies is not anything that can be reasonably achieved. I do keep up with the companies in this portfolio…
Summary Oracle shares fell noticeably in the wake of a poorly received quarterly earnings report. My view is that the earnings report highlighted a significant revenue growth inflection in the near future. Oracle’s cloud infrastructure, Cerner acquisition, and apps business are key drivers for future growth. Oracle’s valuation is not overly attractive when accepting consensus…
Microsoft’s latest quarter: Warts on display; Opportunities on the horizon I don’t usually write about specific quarterly results for different companies. I realize that many readers are anxious to see an evaluation of quarterly results in the shortest possible time. I used to do that as part of my job as a brokerage analyst; for the most…
Braze: The quarter that was reported was reasonable; guidance was disappointing, the shares more so Braze shares are down by about 19% at Tuesday’s close September 13, 2022. Some of the share price action is obviously a function of the market decline in the wake of the too hot CPI report released this morning. The…
Salesforce-A recommendation for a perilous market The title of this article comes from a quote by Ray Bradbury, a well known author, whose most famous work was “Fahrenheit 451.” I thought it particularly appropriate after the months of share price bloodletting. I have not written about Salesforce (CRM) on the SA platform for about 4 years now. I…
Oracle-It has reached an inflection point Oracle hasn’t been the best loved or best performing software investment for many years. The company’s transition to the cloud has been long, arduous, and probably has not achieved the results for which investors were hoping when it got started. Over the past decade-that’s right, decade-Oracle revenue has risen…
Reviewing a recent visit with Iron Source Management There is not much positive to say for the current phase of the market. Indiscriminate selling, margin calls, an atmosphere of fear. While the Fed’s latest set of what are called dot plots is relatively benign, investors seemingly believe more apocalyptic scenarios. More and more economists, corporate…
We made 2 changes in our model portfolios. As we have indicated in previous weekly commentaries, we sold our FIS position. We sold it at the opening this morning, 1/26 and we received $110.55. The proceeds of the sale netted $13,925. We originally bought the shares more than 4 years ago for $91.59. Obviously that…
Last week was another week of distress for high-growth shares, although perhaps not as grim as the prior week. Most of the damage was done on Wednesday which brought substantial valuation contractions. The market for high-growth shares stabilized a bit on Friday, but overall, our high-growth portfolio lost 6% and its index value now stands…