Steer Clear of Lyft’s IPO
Growing losses, low barriers to entry, poor corporate governance, and an unrealistically high valuation should diminish Lyft's IPO hype.
Sam McBride
Sam McBride
Podcast: Why This Upcoming IPO Is in the Danger Zone
CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Steer Clear of Lyft’s IPO.
Kyle Guske II, Senior Investment Analyst, MBA
ICYMI: New Long Ideas, Netflix’s Hidden Crisis, Dangers in Traditional Value Screens, IBKR Webinar Replay, Filing Season Finds, & More
Here's what happened at New Constructs this past week.
Kyle Guske II, Senior Investment Analyst, MBA
Unreported Expenses Are Today’s Filing Season Find
From yesterday's research, our analysts parsed 72 10-K filings and collected 4,768 data points. In total, they made 1,165 forensic accounting adjustments with a dollar value of $552 billion.
Sam McBride
Loss of Licensed Content Is an Underrated Crisis for Netflix
As legacy media companies pull content, Netflix could lose much of its value to consumers just as the competition heats up.
Sam McBride
An Unusual Tax Benefit Is Today’s Filing Season Find
From yesterday's research, our analysts parsed 29 10-K filings and collected 2,178 data points. In total, they made 491 forensic accounting adjustments with a dollar value of $137 billion.
Sam McBride
March 2019 Stock Picking Accolades: #1 in Healthcare, #3 in Industrials and #5 in Consumer Staples
We are March’s #1 ranked stock picker in Healthcare, #3 in Industrials and #5 in Consumer Staples.
Kyle Guske II, Senior Investment Analyst, MBA
Finding Danger in the Footnotes – TD Ameritrade Network
David Trainer joined Morning Trade Live on the TD Ameritrade Network to show how footnotes reveal highly misleading reported earnings and overvalued stock prices.
Kyle Guske II, Senior Investment Analyst, MBA
Featured Stock in February’s Dividend Growth Model Portfolio
18 new stocks made our Dividend Growth Stocks Model Portfolio this month. Get a free look at one of the stocks in the most recent portfolio.
Kyle Guske II, Senior Investment Analyst, MBA
A Misleading ROIC Calculation Is Today’s Filing Season Find
From yesterday's research, our analysts parsed 54 10-K filings and collected 5,120 data points. In total, they made 938 forensic accounting adjustments with a dollar value of $313 billion.
Sam McBride
Long Ideas: Finding Value Hidden by the Noise
Two stocks that have expensive price-to-book ratios but are undervalued.
Kyle Guske II, Senior Investment Analyst, MBA
Most Attractive Stocks Model Portfolio: March 2019
Gold Members and higher can access March's 40 Most Attractive Stocks as of Wednesday, March 6.
Kyle Guske II, Senior Investment Analyst, MBA
Most Dangerous Stocks Model Portfolio: March 2019
Gold Members and higher can access March's 40 Most Dangerous Stocks as of Wednesday, March 6.
Kyle Guske II, Senior Investment Analyst, MBA
Related Party Transactions Raise Red Flags In Today’s Filing Season Find
From yesterday's research, our analysts parsed 201 10-K filings and collected 22,154 data points. In total, they made 4,384 forensic accounting adjustments with a dollar value of $844 billion.
Sam McBride
Webinar “Pitfalls of Relying on P/E Ratios” – Hosted by Interactive Brokers
David Trainer, CEO of New Constructs, presented “Pitfalls of Relying on P/E Ratios” on the IBKR Education platform on March 5, 2019. Watch the replay.
Kyle Guske II, Senior Investment Analyst, MBA
Early Returns Look Bad for This Merger
Last week, analysts parsed 659 10-K filings and collected 72,984 data points. In total, they made 15,056 accounting adjustments with a dollar value of $6 trillion.
Sam McBride
Danger Zone: Traditional Value Investors
Unfortunately, much of what passes for value investing today relies on accounting book value and other metrics whose utility has atrophied significantly over the years.
Sam McBride
Podcast: Why Traditional Value Investing Is in the Danger Zone
CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Danger Zone: Traditional Value Investors.
Kyle Guske II, Senior Investment Analyst, MBA
ICYMI: New Long Ideas, Danger in Footnotes, IBKR & TD Ameritrade Webinars, Filing Season Finds, & Model Portfolio Updates
Here's what happened at New Constructs this past week.
Kyle Guske II, Senior Investment Analyst, MBA
Hidden Non-Operating Income Is Today’s Filing Season Find
From yesterday's research, our analysts parsed 175 10-K filings and collected 19,543 data points. In total, they made 4,041 forensic accounting adjustments with a dollar value of $1.4 trillion.
Sam McBride