Daily Posts Archive
While the vast majority of my research involves growth stocks, I do keep an eye out for potential turnaround situations. Why? Because historically, about one out of every five or six big winners will be a turnaround situation—especially in so-so economic times. (In the late 1990s, by contrast, almost all the big winners were growth stocks.) So, even though I never, ever (ever!) buy stocks and sectors that are in longer-term downtrends, I do keep an eye on them for signs that they’re turning higher. That leads me to energy and gold stocks.
As Hanukah and Christmas and Kwanzaa roll near, I would like to tell you how important YOU are as a part of the Cabot family. So I will, in a roundabout way. One of the challenges of running a small business is finding good employees and managing them well, especially without the benefit of a full-time Human Resources department.
My stock pick today is an exchange traded fund (ETF) that will give you exposure to the collective performance of all the Chinese stocks that trade on U.S. exchanges. I don’t often recommend ETFs, preferring to research individual companies where I can get an edge by analyzing the story, number and chart on my own. But a look at the chart for this ETF should show you why I’m feeling pretty good about it right now.
It’s hard to ignore Halloween if you work in Salem, Massachusetts. And with the Big Day falling on a Saturday this year and the weather nice, it will likely be an even bigger deal than usual. A quick walk through Salem’s downtown at any time of year will reveal enough witch shops, fortune-tellers and scary museums to satisfy your taste for the weird.
One of the trends that’s making headlines this earnings season is the success of companies that are adopting cloud-based technologies. While reading The Wall Street Journal on Monday, I noticed that Oracle (ORCL) CEO Mark Hurd spoke at the Oracle OpenWorld conference in San Francisco. Among his headline-worthy comments was the statement that Oracle now has virtually 100% of its portfolio rewritten, rebuilt and modernized for the cloud. That’s a big endorsement from a company with a $162 billion market cap. And Oracle isn’t exactly an outlier.