Nike – What did they Expect?

Nike reported results for its fiscal first quarter that were better than Wall Street expected. The stock was up over 7% at the open. Today’s video will look at Nike’s valuation based on fundamentals. Best when viewed in full youtube screen. Disclosure: Author Manages Portfolios Long NKE Nike is another example of a strong global franchise Read more about Nike – What did they Expect?[…]

Maybe They Should Copy It?

Xerox (XRX) is buying Affiliated Computer Services (ACS) for $6.4 billion. That is a $2.1 billion dollar premium over Friday’s closing price for Affiliated Computer Services. I found the deal interesting as both companies could be considered classic examples of earnings determine market price. Today’s video looks at both companies based on earnings, a real eye Read more about Maybe They Should Copy It?[…]

Earnings Determine Market Price!

In the long run it really doesn’t matter what the market’s doing. Unless, of course, you own an index fund, then it matters a lot. However, if you own individual companies then only their business results truly matter. The evidence is overwhelming. In the long run earnings determine market price. There is also the issue Read more about Earnings Determine Market Price![…]