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General Market Comments

Insights on the forces that shape our capital markets and the future of our country.

July 16, 20240Comments

Our ROIC Research Versus Morningstar’s: Big Differences

This report highlights a rare opportunity to compare our research to a competitor’s and show how our research provides our clients with insights.
by David Trainer, Founder & CEO
Likely to Miss Earnings
July 12, 20240Comments

2Q24 Earnings: Where Street Earnings Are Too High and Who Should Miss

Insights on which companies are most likely to miss 2Q24 earnings based on our proprietary Core Earnings research.
by Kyle Guske II, Senior Investment Analyst, MBA
Most Likely to Beat Earnings
July 12, 20240Comments

2Q24 Earnings: Where Street Estimates Are Too Low & Who Should Beat

Insights on which companies are most likely to beat 2Q24 earnings based on our proprietary Core Earnings research.
by Kyle Guske II, Senior Investment Analyst, MBA
July 9, 20240Comments

Fake Numbers, An Old Wall Street Trick that Still Works

Among the many unsettling practices I saw back then, the worst was the two sets of earnings estimates.
by David Trainer, Founder & CEO
June 28, 20240Comments

Time to get out the popcorn…Not

Whoever wins the White House, the song remains the same at New Constructs: diligence matters.
by David Trainer, Founder & CEO
June 18, 20240Comments

Not Buying Tom Brady’s HOF Speech

I like to believe in a world based on reciprocity and karma: you get what you deserve; what goes around comes around.
by David Trainer, Founder & CEO
Overstated Earnings
June 7, 20244Comments

Street Earnings Overstated for 71% of S&P 500 in 1Q24

Five S&P 500 companies with overstated Street Earnings and a Very Unattractive Stock Rating.
by Kyle Guske II, Senior Investment Analyst, MBA
Understated Earnings
June 7, 20240Comments

Street Earnings Understated for 29% of S&P 500 in 1Q24

Five S&P 500 companies with understated Street Earnings and an Attractive-or-better Stock Rating.
by Kyle Guske II, Senior Investment Analyst, MBA
May 28, 20240Comments

Perfect Example of Wall Street Robbery By a Zombie Stock

What would you think if I told you the CEO of a business that had to secure a $1 billion loan to stave off bankruptcy got paid over $100 million dollars?
by David Trainer, Founder & CEO
May 20, 20240Comments

“It is the sovereign privilege of a free citizen”

The meme stock frenzy highlights the lack of reliable fundamental research, which creates a vacuum for mis-information.
by David Trainer, Founder & CEO
May 13, 20240Comments

Seeing is Believing

Every client deserves proof of the value proposition for which they pay.
by David Trainer, Founder & CEO
May 3, 20240Comments

That Which We Obtain Too Easily…

We are witnessing a world where more people are throwing themselves into confirmation traps than anything I’ve seen since the tech bubble.
by David Trainer, Founder & CEO
April 19, 20240Comments

It’s Getting Ugly Out There

If you’re investing based on a narrative without understanding fundamentals, you’re playing a very dangerous game.
by David Trainer, Founder & CEO
April 15, 20240Comments

Don’t Believe the Hype

I think you’d be hard pressed to find a single investor who thinks the market is undervalued.
by David Trainer, Founder & CEO
April 9, 20240Comments

Meet the New Boss, Same as the Old Boss

Do you ever get the feeling that a decision you’re making in the moment might change your life forever?
by David Trainer, Founder & CEO
March 7, 20240Comments

The Magnitude of the Problem

If everyone is relying on bad research, then does it do an investor any good to use better research? 
by David Trainer, Founder & CEO
March 7, 20240Comments

The Mental Edge Matters Most

A mental run through in what it takes and then a break down of a classic mistake that we caught ahead of time.  
by David Trainer, Founder & CEO
Likely to Miss Earnings
January 9, 20240Comments

4Q23 Earnings: Where Street Earnings Are Too High & Who Should Miss

Insights on which companies are most likely to miss 4Q23 earnings based on our proprietary Core Earnings research.
by Kyle Guske II, Senior Investment Analyst, MBA
Most Likely to Beat Earnings
January 9, 20240Comments

4Q23 Earnings: Where Street Estimates Are Too Low & Who Should Beat

Five S&P 500 companies likely to beat calendar 4Q23 earnings because their Street EPS estimates are understated.
by Kyle Guske II, Senior Investment Analyst, MBA
Understated Earnings
December 4, 20230Comments

Street Earnings Understated for 24% of S&P 500 in 3Q23

Five S&P 500 companies with understated Street Earnings and an Attractive-or-better Stock Rating.
by Kyle Guske II, Senior Investment Analyst, MBA
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