Posts Tagged ‘ 200 ’

Google is getting cheaper; valuation attractive after consistent growth and stock pullback

April 17, 2014
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Google is getting cheaper; valuation attractive after consistent growth and stock pullback

Google continues to roll. The share price will zig and zag but the company is making strides by investing for growth and positioning for better results in the future. Current results are still quite respectable today and earnings and cash flow growth are catching up to the stock price. The GOOG investment theme has been a good one since 2011 (this stock has been a CJF favorite) and multi-month periods of stock price pauses are generally good times to consider an entry point for enduring growth stocks. Some general dynamics for GOOG investment have been in place for several quarters: Very strong sales growth, generally north of 20% adjusted for one-time items and currency. Dramatic market share gain within advertising markets as spend shifts from traditional media to digital...

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Bernanke’s Jackson Hole Speech: Market Could Close at 1,100 or 1,200 Today

August 26, 2011
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Bernanke’s Jackson Hole Speech: Market Could Close at 1,100 or 1,200 Today

The market remains destabilized which is quantified by the VIX index stubbornly remaining in the 40 vicinity. As long as the VIX remains in the 30-40 range investor should expect to see 2-3% moves both up and down in the market from these levels. I believe that the propensity for violent up moves is as probable as sharp selloffs because we are close to levels in the market where a recession is being priced in with a 50% probability. Today, with commentary coming from Ben Bernanke out of Jackson Hole, and a wide array of expectations on what he will indicate from a monetary policy standpoint I see decent odds that the S&P 500 closes at either 1,100 or 1,200 today. That is how destabilized and volatile markets have...

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