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March 16, 20160Comments

How To Boost American Express (AXP) Value By $50 Billion

Thesis: Management can boost the market value of American Express in the amounts below[1] by aligning the firm’s strategy and performance compensation with real cash flows or what we call return on invested capital (ROIC).
by Sam McBride
March 16, 20160Comments

Avoid These 8 ETFs & Funds Most Exposed To Valeant

While direct share holders stand to lose the most, certain fund investors face significant downside risk as well. These investors may not realize the risk they’re taking due to the shortcomings of traditional fund research, which doesn’t focus on fund holdings.
by Kyle Guske II, Senior Investment Analyst, MBA
Danger Zone
March 15, 20160Comments

Today’s 40% Drop Is Not Enough For Valeant Pharmaceuticals

Valeant Pharmaceuticals (VRX: $36/share) had been in a bit of a limbo lately, as investors awaited the long delayed 4Q15 results. The company finally released its earnings today and the results were to be expected if you heeded our previous warnings.
by Kyle Guske II, Senior Investment Analyst, MBA
March 14, 20160Comments

Danger Zone: Traditional Corporate Consulting

Those consultants who adopt cutting-edge tools will experience more success than those that remain wedded to older, more manual techniques. It’s time we place Traditional Corporate Consulting in the Danger Zone.
by Kyle Guske II, Senior Investment Analyst, MBA
barron's
March 14, 20160Comments

“Zillow Is Risky And Vulnerable” – Barron’s

This past weekend, Barron’s magazine featured our research for the third time in 2016 and 19th time since 2014. This time, Barron’s featured research from our Danger Zone report on Zillow Group (ZG).
by Kyle Guske II, Senior Investment Analyst, MBA
March 11, 20160Comments

Danger Zone Call Featured In SumZero Face Off

SumZero featured our analysis on the multitude of issues facing Valeant Pharmaceuticals (VRX).
by Kyle Guske II, Senior Investment Analyst, MBA
New Constructs
March 10, 20160Comments

New Stocks on Most Attractive and Most Dangerous Lists: March 2016

Our Most Attractive Stocks (+7.7%) outperformed the S&P 500 (+3.9%) last month. Our Most Dangerous Stocks (+7.1%) underperformed the S&P 500 (+3.9%) last month.
by Kyle Guske II, Senior Investment Analyst, MBA
New Constructs
March 10, 20160Comments

David Trainer Explains Why Zillow Group Is In The Danger Zone

CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: Danger Zone: Zillow Group (ZG).
by Kyle Guske II, Senior Investment Analyst, MBA
March 10, 20165Comments

ROIC: The Paradigm For Linking Corporate Performance To Valuation Webinar

In this webinar, David Trainer, a Wall Street veteran, will discuss ROIC's role in the capital markets, how to calculate it correctly, and how to get the most out of the metric
by Kyle Guske II, Senior Investment Analyst, MBA
March 7, 20160Comments

Danger Zone: Zillow Group (ZG)

This week’s Danger Zone pick, Zillow Group (ZG), sounds multiple alarms: unusually misleading non-GAAP earnings, overvalued stock, and broken business model.
by Kyle Guske II, Senior Investment Analyst, MBA
New Constructs
March 3, 20160Comments

David Trainer On Why Valeant Phamaceuticals Is In The Danger Zone

CEO David Trainer sat down with Chuck Jaffe of Money Life and MarketWatch.com to talk about our Danger Zone pick this past week: Danger Zone: Valeant Pharmaceuticals (VRX).
by Kyle Guske II, Senior Investment Analyst, MBA
New Constructs
March 3, 20160Comments

March’s Most Attractive Stocks Available to Members Today

Gold Members and higher can access March's 40 Most Attractive Stocks as of Thursday, March 3.
by Kyle Guske II, Senior Investment Analyst, MBA
New Constructs
March 3, 20160Comments

March’s Most Dangerous Stocks Available to Members Today

Gold Members and higher can access March's 32 Most Dangerous Stocks as of Thursday, March 3.
by Kyle Guske II, Senior Investment Analyst, MBA
February 29, 20164Comments

Danger Zone: Valeant Pharmaceuticals (VRX)

We’ve been highlighting the dangers of Valeant for over two years and we do not see them abating. As long as management is incentivized to destroy shareholder value, Valeant is in the Danger Zone.
by Kyle Guske II, Senior Investment Analyst, MBA
February 26, 20160Comments

How To Avoid the Worst Style Mutual Funds 1Q16

The large number of mutual funds has little to do with serving investors’ best interests. Here are three red flags investors can use to avoid the worst mutual funds.
by Kyle Guske II, Senior Investment Analyst, MBA
February 26, 20160Comments

How To Avoid the Worst Style ETFs 1Q16

Why are there so many ETFs? ETF providers tend to make lots of money on each ETF so they create more products to sell. The large number of ETFs has little to do with serving your best interests. Here are three red flags you can use to avoid the worst ETFs.
by Kyle Guske II, Senior Investment Analyst, MBA
February 26, 20160Comments

How To Avoid the Worst Sector Mutual Funds 1Q16

The large number of mutual funds has little to do with serving your best interests. Here are three red flags you can use to avoid the worst mutual funds
by Kyle Guske II, Senior Investment Analyst, MBA
February 26, 20160Comments

How To Avoid the Worst Sector ETFs 1Q16

Why are there so many ETFs? ETF providers tend to make lots of money on each ETF so they create more products to sell. The large number of ETFs has little to do with serving your best interests. Below are three red flags you can use to avoid the worst ETFs:
by Kyle Guske II, Senior Investment Analyst, MBA
February 26, 20160Comments

How To Boost Oracle’s Value By $65 Billion Webinar

In case you missed it, or in case you wanted to watch it again, here is our live webinar from this week. David Trainer will discuss how undervalued Oracle is relative to real cash flows and ROIC and more.
by Kyle Guske II, Senior Investment Analyst, MBA
New Constructs
February 24, 20160Comments

How EV/EBITDA Misses The Point On Valuation

In reality, EV/EBITDA can actually be significantly worse than P/E or P/B ratios because EBITDA ignores certain real costs of doing business like taxes, depreciation, and amortization. Put simply, EBITDA is even farther removed from the real cash flows of the business than EPS or net income.
by Kyle Guske II, Senior Investment Analyst, MBA
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