Danger Zone 10/14/13: Market Vectors Wide Moat ETF (MOAT)
MOAT is a perfect example of why investors need to do their own diligence.
David Trainer, Founder & CEO
David Trainer, Founder & CEO
Best & Worst ETFs & Mutual Funds October 2013: Information Technology Sector
The Information Technology sector ranks second out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 27 ETFs and 132 mutual funds in the Information Technology sector as of October 9th, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.
David Trainer, Founder & CEO
Best & Worst ETFs & Mutual Funds October 2013: Industrials Sector
The Industrials sector ranks fourth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 16 ETFs and 18 mutual funds in the Industrials sector as of October 8, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.
David Trainer, Founder & CEO
Best & Worst ETFs & Mutual Funds October 2013: Health Care Sector
The Health Care sector ranks sixth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 21 ETFs and 71 mutual funds in the Health Care sector as of October 4, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.
David Trainer, Founder & CEO
Best & Worst ETFs & Mutual Funds October 2013: Financials Sector
The Financials sector ranks ninth out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 44 ETFs and 230 mutual funds in the Financials sector as of October 7, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.
David Trainer, Founder & CEO
New Stocks Make Most Attractive/Dangerous Lists
October sees 13 new stocks make our Most Attractive list and 16 new stocks fall into the Most Dangerous category. Our Most Attractive stocks have high and rising return on invested capital (ROIC) and low price to economic book value ratios. Most Dangerous stocks have misleading earnings and long growth appreciation periods implied in their market valuations.
David Trainer, Founder & CEO
Best & Worst ETFs & Mutual Funds October 2013: Consumer Staples Sector
The Consumer Staples sector ranks first out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Attractive rating, which is based on an aggregation of ratings of eight ETFs and eight mutual funds in the Consumer Staples sector as of October 3, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.
David Trainer, Founder & CEO
Best & Worst ETFs & Mutual Funds October 2013: Consumer Discretionary Sector
The Consumer Discretionary sector ranks third out of the ten sectors as detailed in my Sector Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 17 ETFs and 21 mutual funds in the Consumer Discretionary sector as of October 4th, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector are here.
David Trainer, Founder & CEO
Rating Breakdown: Best & Worst ETFs & Mutual Funds by Sector (October 2013)
This report focuses on my top picks and pans for all sector funds for October 2013. I will follow this summary with a detailed report on each sector.
David Trainer, Founder & CEO
Danger Zone 10/7/13: Utility Sector Funds
Utility sector ETFs and mutual funds are in the Danger Zone this week. The Utility sector edged out the Financials sector to rank last among all ten sectors in my 4Q13 Sector Rankings report.
David Trainer, Founder & CEO
Sector Rankings For ETFs & Mutual Funds: October 2013
At the beginning of the fourth quarter of 2013, only the Consumer Staples sector earns an Attractive rating. My sector ratings are based on the aggregation of my fund ratings for every ETF and mutual fund in each sector.
David Trainer, Founder & CEO
30+ Accounting Adjustments to Get the Truth About Earnings & Valuation
Reported earnings don’t tell the whole story of a company’s profits. They are frequently manipulated by companies to manage earnings.
David Trainer, Founder & CEO
Danger Zone 9/30/13: Zynga (ZNGA)
The stock has been beat up since its much-hyped IPO in 2011, but even after losing 61% of its value the stock is still too expensive. ZNGA is competing in an immature market where the barriers to entry are almost nonexistent and brand loyalty is a foreign concept.
David Trainer, Founder & CEO
Unconsolidated Subsidiary Assets – Valuation Adjustment
Investors who ignore unconsolidated subsidiary assets are not getting a true picture of the cash available to be returned to shareholders. By adding unconsolidated subsidiary assets one can better understand the value of the stock to shareholders. Diligence pays.
David Trainer, Founder & CEO
CNBC Interview: Confirming AAPL Thesis – Apple Is Still Rotten
Here's my latest CNBC interview on my Apple (AAPL) thesis, originally articulated in Danger Zone 5/13/2013: Apple Inc. (AAPL).
David Trainer, Founder & CEO
Danger Zone 9/23/13: InnerWorkings (INWK)
InnerWorkings (INWK), a new addition to the Most Dangerous Stocks for September, is in the Danger Zone this week. INWK is a classic “roll-up” story that enriches corporate and Wall Street insiders while destroying shareholder value.
David Trainer, Founder & CEO
Index Investing Myth Buster: Tom Brakke
Tom Brakke recently featured our Dangers Zone article on FVL. His article highlights the lack of performance of FVL versus other true index funds and supports my thesis.
David Trainer, Founder & CEO
Non-Operating Unconsolidated Subsidiaries—Invested Capital Adjustment
This report is one of a series on the adjustments we make to convert GAAP data to economic earnings. This report focuses on an adjustment we make to convert the reported balance sheet assets into invested capital.
David Trainer, Founder & CEO
GM’s Long Range EV A Further Threat to Tesla
On Monday, GM announced their plan to develop an all-electric vehicle that could go 200 miles per charge, just like Tesla’s Model S. The catch? GM plans to sell their car for only $30,000, less than half of the $62,000 sticker price for the Model S.
David Trainer, Founder & CEO
Apple Stays Rotten
The “value” in Apple is an illusion. Astute investors need to look at Apple through the lens of what is a reasonable ROIC in the future.
David Trainer, Founder & CEO