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# New Constructs

Helping Investors Fulfill Fiduciary Responsibilities

## Sitemaps

- [XML Sitemap](https://www.newconstructs.com/sitemap.xml): Contains all public & indexable URLs for this website.

## Posts

- [Research Blog - Investment Ratings For Stocks, ETFs, and Mutual Funds](https://www.newconstructs.com/blog/) - Get our latest research - long ideas, the danger zone (short/avoid), model portfolio updates, macro fundamental research, and more.
- [ICYMI: 2Q26 Earnings Preview – Stocks Most Likely to Beat/Miss, How FinSights AI Helps Prepare for Earnings Season, Stock Picks that Outperform & More](https://www.newconstructs.com/icymi-2q26-earnings-preview-stocks-most-likely-to-beat-miss-how-finsights-ai-helps-prepare-for-earnings-season-stock-picks-that-outperform-more/) - Here's what happened at New Constructs during the week of July 6, 2026.
- [Live Podcast Friday: How FinSights AI Knows Which Stocks Will Beat/Miss Earnings](https://www.newconstructs.com/live-podcast-friday-how-finsights-ai-knows-which-stocks-will-beat-miss-earnings/) - All are welcome to join us for our next live podcast on Friday, July 10 at 12pm EST.
- [2Q26 Earnings: Where Street Estimates Are Too High & Who Should Miss](https://www.newconstructs.com/2q26-earnings-where-street-estimates-are-too-high-who-should-miss/) - We’ll show the five S&P 500 companies with overstated Street Earnings most likely to miss 2Q26 earnings.
- [Focus List Stocks Long/Short Outperforms by 9% in 1H26](https://www.newconstructs.com/focus-list-stocks-long-short-outperforms-by-9-in-1h26/) - Our Focus List Stocks: Long Model Portfolio and Focus List Stocks: Short Model Portfolio beat the Risk-Free Rate as a long/short portfolio by 9% in 1H26.
- [Focus List: Short Model Portfolio Beats S&P 500 by 12% in 1H26](https://www.newconstructs.com/focus-list-short-model-portfolio-beats-sp-500-by-12-in-1h26/) - Our Focus List Stocks: Short Model Portfolio outperformed the S&P 500 as a short portfolio by 12% in 1H26.
- [2Q26 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/2q26-earnings-where-street-estimates-are-too-low-who-should-beat/) - We’ll show the five S&P 500 companies with understated Street Earnings most likely to beat 2Q26 earnings.
- [Focus List: Long Model Portfolio Beats S&P 500 by 4% in 1H26](https://www.newconstructs.com/focus-list-long-model-portfolio-beats-sp-500-by-4-in-1h26/) - Our Focus List Stocks: Long Model Portfolio rose 12% compared to 8% for the S&P 500 and outperformed by 4% in 1H26.
- [July 2026 Stock-Picking Accolades: #1 Ranking for 61 Straight Months](https://www.newconstructs.com/july-2026-stock-picking-accolades-1-ranking-for-61-straight-months/) - We are July's 2026's #1 ranked stock picker in the Consumer Discretionary category on SumZero rankings.
- [ICYMI: Get FinSights AI Now, New Long Idea, New Community Space, Why This Fund Isn’t Cleared for Takeoff, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-get-finsights-ai-now-new-long-idea-new-community-space-why-this-fund-isnt-cleared-for-takeoff-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of June 29, 2026.
- [All of the Bakken’s Cash, None of Its Price Risk](https://www.newconstructs.com/all-of-the-bakkens-cash-none-of-its-price-risk/) - This model drives consistent profit growth, and the business operates more profitably than its peers.
- [Most Attractive Stocks Model Portfolio: July 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-july-2026/) - Professional Members and higher can access July's 40 Most Attractive Stocks as of Thursday, July 2.
- [Most Dangerous Stocks Model Portfolio: July 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-july-2026/) - Professional Members and higher can access July's 39 Most Dangerous Stocks as of Thursday, July 2.
- [Introducing FinSights, your AI Agent](https://www.newconstructs.com/introducing-finsights-your-ai-agent/) - We’re proud to introduce FinSights AI. The only AI agent for investing that you can trust.
- [The IPO Melt Up: How Smart Investors Use AI to Find Abnormal Investment Opportunities](https://www.newconstructs.com/the-ipo-melt-up-how-smart-investors-use-ai-to-find-abnormal-investment-opportunities/) - Our ratings system was built for exactly this kind of environment - to identify the real opportunities and traps.
- [Dividend Growth Stocks Model Portfolio: June 2026](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-june-2026/) - Professional Members and higher can access June's Dividend Growth Stocks Model Portfolio as of Tuesday, June 30.
- [ICYMI: Taking Money off the Table, An Alarming Wake Up Call, FinSights in Action, Updating our Focus List Stocks, Danger Zone Podcast Insights & More](https://www.newconstructs.com/icymi-taking-money-off-the-table-an-alarming-wake-up-call-finsights-in-action-updating-our-focus-list-stocks-danger-zone-podcast-insights-more/) - Here's what happened at New Constructs during the week of June 22, 2026.
- [Backbone Of Our Future](https://www.newconstructs.com/backbone-of-our-future/) - The market has failed to recognize the strong cash flow generation of the business.
- [Staying Strong](https://www.newconstructs.com/steeled-for-the-future/) - Though profits expectedly fell in 2023, our thesis remains intact, and this stock remains undervalued.
- [Reassessing Risk/Reward – Closing Long Ideas](https://www.newconstructs.com/reassessing-risk-reward-closing-long-ideas/) - We consistently review our Long Ideas to ensure they still present the quality risk/reward we want to offer clients.
- [Focus List Stocks: Long – Update 6/23/26](https://www.newconstructs.com/focus-list-stocks-long-update-6-23-26/) - We’ve made the following update to our Focus List Stocks: Long Model Portfolio as of June 23, 2026.
- [Astronomical Expectations, Astronomical Downside Risk](https://www.newconstructs.com/astronomical-expectations-astronomical-downside-risk/)
- [Podcast: Why This Industrial ETF Is In the Danger Zone](https://www.newconstructs.com/podcast-why-this-industrial-etf-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: Astronomical Expectations, Astronomical Downside Risk.
- [ICYMI: New Long Idea, Danger Zone Warning, How to Profit from the IPO Melt-Up, Quantifying SpaceX’s Valuation, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-danger-zone-warning-how-to-profit-from-the-ipo-melt-up-quantifying-spacexs-valuation-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of June 15, 2026.
- [Safest Dividend Yields Model Portfolio: June 2026](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-june-2026/) - Professional Members and higher can access June's Safest Dividend Yields Model Portfolio as of Thursday, June 18.
- [Podcast: Why This Restaurant Operator Is In the Danger Zone](https://www.newconstructs.com/podcast-why-index-fund-investors-are-the-danger-zone-2/) - Senior Investment Analyst Kyle Guske II sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: “Good” Is Not Enough.
- [Rising Demand, Strong Profits, and a Discounted Stock Price](https://www.newconstructs.com/rising-demand-strong-profits-and-a-discounted-stock-price/) - Rigorous research not only helps expose potential pitfalls but also reveals strong investment opportunities.
- [Don’t Step on this Cash Flow Machine](https://www.newconstructs.com/dont-step-on-this-cash-flow-machine/) - This brand has transformed a controversial design into a dominant, cash generating, market force.
- [“Good” Is Not Enough](https://www.newconstructs.com/good-is-not-enough/) - We think all the good news is already priced into the stock and at current levels large downside risk remains.
- [CAVA IPO Gets More Ridiculous](https://www.newconstructs.com/cava-ipo-gets-more-ridiculous/) - It appears investors did not heed our advice; so we are reiterating our warning with details from our reverse DCF model on just how overvalued this IPO is.
- [Watch the Replay: Quantifying the Expectations in SpaceX’s Valuation](https://www.newconstructs.com/watch-the-replay-quantifying-the-expectations-in-spacexs-valuation/) - We much prefer to answer the question: what expectations for future profit growth are baked into SpaceX’s valuation?
- [1Q26 Footnotes Season: Created $2.7 Million in Value](https://www.newconstructs.com/1q26-footnotes-season-created-2-7-million-in-value/) - During 1Q26 Footnotes Season, we parsed 2,949 10-Q and 10-K filings and created $2,654,100 of value for clients. During 1Q26 Footnotes Season, we parsed 2,949 10-Q and 10-K filings and created $2,654,100 of value for clients.
- [ICYMI: New Long Idea, What SpaceX’s Soaring Price Means for Investors, Why Index Fund Investors are in Danger, Upcoming Ideas Dinner, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-what-spacexs-soaring-price-means-for-investors-why-index-fund-investors-are-in-danger-upcoming-ideas-dinner-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of June 8, 2026.
- [Exec Comp Aligned with ROIC Model Portfolio: June 2026](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-june-2026/) - Professional and higher members can access June's Executive Compensation Aligned With ROIC Model Portfolio as of Friday, June 12.
- [Featured Stock from our Most Attractive Model Portfolio for June 2026](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-june-2026/) - Get details on one of the stocks in June 2026's Most Attractive Model Portfolio.
- [Featured Stock from our Most Dangerous Model Portfolio for June 2026](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-june-2026/) - Get details on one of the stocks in June 2026's Most Dangerous Model Portfolio.
- [NYSE - Why it's on the Most Dangerous List](https://www.newconstructs.com/nyse-why-its-on-the-most-dangerous-list/) - There are two primary reasons a stock gets on our Most Dangerous List: 1. Misleading earnings: reported GAAP earnings are positive and rising while economic earnings are negative and declining 2. Expensive valuation: future cash flow expectations embedded in the current price are unusually high especially compared to historical performance. Free copy of our report on NYX is in the Free Archive on www.newconstructs.com. Or just click here: NYX Company Valuation Report.
- [Sirius Satellite - A Dangerous Stock](https://www.newconstructs.com/sirius-satellite-a-dangerous-stock/) - TheStreet.com recently published three articles quoting me on SIRI. Andrea Tse called and, after reviewing our models on SIRI, I told her that the stock was Dangerous because:
- [GAP is Stock Pick of the Week - Hidden Gem](https://www.newconstructs.com/gap-is-stock-pick-of-the-week-hidden-gem/) - Hidden Gem - GPS: economic earnings are rising faster than reported accounting earnings b/c the company lowered the capital employed to run the business. GAAP earnings do not capture increase capital efficiency of the business.
- [GM - How far will companies go to dupe investors?](https://www.newconstructs.com/gm-how-far-companies-will-go-to-dupe-investors/) - In April, GM bragged about having paid back the balance of its $6.7 billion loan under the Troubled Asset Relief Program. In truth, the did nothing of the sort. They simply pirated taxpayer funds to cover their losses.
- [Stock Pick of the week: Buy Myriad Genetics (MYGN)](https://www.newconstructs.com/myriad-genetics-mygn-stock-pick-of-the-week/) - A newcomer to our Most Attractive Stocks for July, this small cap stock has an excellent risk/reward profile, which earns it our highest Rating: Very Attractive.
- [Stock Pick of the Week: Sell/Short Whole Foods Market (WFMI)](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-whole-foods-marekt-wfmi/) - One of the Most Dangerous Stocks for July, Whole Foods has misleading earnings and a sky-high valuation, in our opinion. The same is true for all of our Most Dangerous Stocks.
- [Stock Pick of the Week: Buy Xilinx (XLNX)](https://www.newconstructs.com/stock-pick-of-the-week-buy-xilinx-xlnx/) - HIDDEN GEM: Our detailed valuation model shows that XLNX grew its "economic" profits by nearly $14mm during its last fiscal year while it reported an $18mm decline in accounting profits.
- [Stock Pick of the Week: Sell/Short Yahoo (YHOO)](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-yahoo-yhoo/) - Overall, the Risk/Reward of investing in Yahoo's stock looks Very Dangerous to me. There is lots of downside risk given the Misleading Earnings and there is little upside reward given the already-rich expectations embedded in the stock price.
- [Stock Pick of the Week: Buy International Business Machines (IBM)](https://www.newconstructs.com/stock-pick-of-the-week-buy-international-business-machines-ibm/) - HIDDEN GEM: Our detailed valuation model shows that IBM grew its "economic" profits more than it accounting profits during its last fiscal year. Economic profits rose by $1.15bn while accounting profits rose by $1.09bn.
- [Sandridge Energy (SD) - Free Report, for Ask Matt Readers, Highlighting a Major Red Flag in the Footnotes](https://www.newconstructs.com/sandridge-energy-sd-free-report-for-ask-matt-readers-dangerous-rating/) - Here is our free report on Sandridge Energy for Ask Matt readers. Our analysis of the Financial Footnotes reveals a major RED FLAG: the company has written off over $3.4bn in assets in just the last two years.
- [Stock Pick of the Week: Sell/Short FedEx Corp (FDX)](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-fedex-corp-fdx/) - RED FLAG: The main driver of the difference between Economic and Accounting earnings is FDX's $11.9bn of off-balance sheet debt, a big number compared to $19.7bn in Net Assets and $25.6bn of market value.
- [McDonalds Corp (MCD) - free report for Ask Matt, Very Attractive Rating](https://www.newconstructs.com/mcdonalds-corp-mcd-free-report-for-ask-matt-very-attractive-rating/) - HIDDEN GEM: Our detailed val­u­a­tion model shows that MCD grew its “eco­nomic” prof­its more than it account­ing prof­its dur­ing its last fis­cal year. Eco­nomic prof­its rose by $272mm while account­ing prof­its rose by $238mm. For details on what causes the dif­fer­ence between Eco­nomic Ver­sus Account­ing Prof­its, see Appen­dix 3 on page 10 of our free report on MCD.
- [JDS Uniphase Cp (JDSU) — free report for Ask Matt, Dangerous Rating](https://www.newconstructs.com/jds-uniphase-cp-jdsu-free-report-for-ask-matt-dangerous-rating/) - RED FLAG: Our analy­sis of the Finan­cial Foot­notes reveals: the com­pany has writ­ten off over $60bn in assets over the last twelve years. That is a big num­ber com­pared to the company’s mar­ket cap of roughly $2.2bn and its net assets of about $1.3bn. This results in economic earnings of -$5,346mm compared to Net Income of -$866mm during the last fiscal year. For details on what causes the dif­fer­ence between Eco­nomic Ver­sus Account­ing Prof­its, see Appen­dix 3 on page 10 of our free report on JDSU.
- [Stock Pick of the Week: Buy Medtronic Inc. (MDT) - Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-medtronic-inc-mdt-very-attractive-rating/) - HIDDEN GEM: Our detailed discounted cash flow analysis shows that MDT's current valuation (stock price of $31.95) implies that the company's profits will decline by 50% and never grow again. Our economic earnings model shows profits are growing, not declining, which makes the Risk/Reward for MDT Very Attractive.
- [Mayo Is Right About Citigroup](https://www.newconstructs.com/mayo-is-right-about-citigroup-2/) - A large write-down of its deferred tax assets could be devastating for Citi--over 30% of its total book value is comprised of net deferred tax assets. Our detailed analysis of the Notes to the Financial Statements also found these RED FLAGS : 1. Over $7bn in off-balance sheet debt 2. $2.2bn in under-funded Pension liabilities 3. Over $10bn in Asset write-offs
- [Hewlett-Packard Co (HPQ)   — free report for Ask Matt, Attractive Rating](https://www.newconstructs.com/hewlett-packard-co-hpq-free-report-for-ask-matt-attractive-rating/) - HIDDEN GEM: Our discounted cash flow analysis shows that HPQ’s current valuation (stock price of $38.45) implies that the company’s profits will decline by 20% and never grow again.
- [Citigroup — free report for Ask Matt, Dangerous Rating](https://www.newconstructs.com/citigroup-c-free-report-for-ask-matt-dangerous-rating/) - Dangerous Rating with several RED FLAGS. See my recent post Mayo Is Right about Citi for details on our analysis of the company's loose Deferred Tax accounting and other Red Flags. There are other reasons to run from this stock. RED FLAGS: Over $7bn in off-balance sheet debt $2.2bn in under-funded Pension liabilities Over $10bn in Asset write-offs Very Dangerous valuation (detail follow)
- [Stock Pick of the Week: Sell/Short Capital One Financial (COF)](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-capital-one-financial-cof/) - The Risk/Reward of invest­ing in Capital One’s stock looks Very Dan­ger­ous to me. There is lots of down­side risk given the Mis­lead­ing Earn­ings and there is lit­tle upside reward given the already-rich expec­ta­tions embed­ded in the stock price. RED FLAGS: 1. Mis­lead­ing Earn­ings: COF reported a $399mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $1,783mm. 2. The company’s ROIC is in the Bot­tom Quin­tile of all the com­pa­nies we cover. 3. Stock price of $40.69 implies COF must grow its NOPAT at 15% com­pounded annu­ally for 15 years.
- [Stock Pick of the Week: Buy Seagate Technology (STX) - Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-seagate-technology-stx-very-attractive-rating/) - HIDDEN GEM: Our detailed dis­counted cash flow analy­sis shows that STX’s cur­rent val­u­a­tion (stock price of $11.24) implies that the company’s prof­its will decline by 80% and never grow again. Our eco­nomic earn­ings model shows prof­its are grow­ing, not declin­ing, which makes the Risk/Reward for STX Very Attractive.
- [icad Inc (ICAD) — free report for Ask Matt, Dangerous Rating](https://www.newconstructs.com/icad-inc-icad-free-report-for-ask-matt-dangerous-rating/) - icad (ICAD) gets a Dan­ger­ous Rat­ing because of these RED FLAGs: 1. Very Expensive valuation: current stock price implies the company will grow revenues at 20% compounded annually for the next 10 years while also improving ROIC from -3.7% to 1.5% within the same time frame. 2. Option Liabilities: of $2.1mm or 3% of the current market value 3. Asset-write-offs: $4.4mm or 7% of Net Assets
- [Stock Pick of the Week: Sell/Short CBS Class B (CBS) Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-cbs-class-b-cbs-very-dangerous-rating/) - CBS’s get our Very Dan­ger­ous Rating. There is lots of down­side risk given the Mis­lead­ing Earn­ings and there is lit­tle upside reward given the already-rich expec­ta­tions embed­ded in the stock price. RED FLAGS: 1. Mis­lead­ing Earn­ings: CBS reported a $11,899mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $548mm. 2. Underfunded Pensions of $2,239mm (20% of market value) 3. Asset-write-offs of $10,559mm in asset write-offs (50% of Net Assets and nearly 100% of the market value) 4. High Valuation: market price implies CBS must grow its revenue at 10% com­pounded annu­ally for 23 years and increase its ROIC from 2.4% to 6% over the same time frame.
- [Stock Pick of the Week: Buy Microsoft Corp (MSFT) — Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-microsoft-corp-msft-very-attractive-rating/) - HIDDEN GEMS: 1. Our dis­counted cash flow analy­sis shows that MSFT’s cur­rent val­u­a­tion (stock price of $24.73) implies that the company’s prof­its will decline by 20% and never grow again. 2. The company has $43,292mm in Excess Cash (over 20% of the market cap), which we remove from our Invested Capital calculation and which helps drive a whopping 61.6% ROIC. 3. Our eco­nomic earn­ings mod­els shows prof­its are grow­ing, not declin­ing, which makes the Risk/Reward for MSFT Very Attractive.
- [Drugstore.com Inc (DSCM) — Dangerous Rating, free report for Ask Matt Readers](https://www.newconstructs.com/drugstore-com-inc-dscm-free-report-for-ask-matt-dangerous-rating/) - Drugstore.com (DSCM) gets a Dan­ger­ous Rat­ing because of these RED FLAGs: 1. Very Expen­sive val­u­a­tion: cur­rent stock price implies the com­pany will grow rev­enues at 20% com­pounded annu­ally for the next 15 years while also improv­ing ROIC from –2.3% to 10.9% within the same time frame. 2. Off Balance-Sheet debt: of $15mm or 15% of Net Assets 3. Asset-write-offs: $210mm or 206% of Net Assets
- [Buy MSFT: Goldman Downgrade Presents Opportunity](https://www.newconstructs.com/buy-msft-goldman-downgrade-presents-opportunity/) - We reiterate our pick for last week's Stock Pick of the Week: Buy Microsoft Corp (MSFT) — Very Attractive Rating. We consider the recent downgrade from Goldman an investment-banking driven head fake. Because MSFT is not a good investment banking client (very little merger or stock offering activity), investment banks have little to lose by downgrading or putting a sell rating on the this stock.
- [Stock Pick of the Week: Sell/Short Vulcan Materials Co. (VMC) - Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-vulcan-materials-co-vmc-very-dangerous-rating/) - Main RED FLAG: Very Dangerous Valuation: The current stock price of $36.89 implies VMC must grow its NOPAT at 12% com­pounded annu­ally for 40 years. The market has set expectations very high for this stock - leaving little upside potential and lots of downside risk, especially when considering the company's Misleading Earnings.
- [Rite Aid Corp (RAD) — Dangerous Rating, free report for Ask Matt Readerss](https://www.newconstructs.com/rite-aid-corp-rad-dangerous-rating-free-report-for-ask-matt-readers/) - Rite Aid Corp (RAD) gets a Dan­ger­ous Rat­ing because of these RED FLAGs: 1. Very Expen­sive val­u­a­tion: cur­rent stock price implies the com­pany will grow revenues and NOPAT at 6% com­pounded annu­ally for the next 15 years while also more than doubling ROIC from 6.1% to 13.7% within the same time frame. 2. Off Balance-Sheet debt: of $5,502mm or 93% of "Reported" Net Assets 3. Asset-write-offs: $3,417mm or 58% of "Reported" Net Assets
- [Interview with Marketwatch's Chuck Jaffe](https://www.newconstructs.com/interview-with-marketwatchs-chuck-jaffe/) - I explain why our research is so effective at picking stocks. I also speak specifically about these stocks: WMT, JNJ, PEP, GS, RAX, S and WFMI.
- [Stock Pick of the Week: Buy Schiff Nutrition Intl (WNI) — Very Attractive Rating - Small Cap Special](https://www.newconstructs.com/stock-pick-of-the-week-buy-schiff-nutrition-intl-wni-very-attractive-rating-small-cap-special/) - HIDDEN GEMS: 1. Our dis­counted cash flow analy­sis shows that WNI’s cur­rent val­u­a­tion (stock price of $7.89) implies that the company’s prof­its will decline by 25% and never grow again. 2. The com­pany grew its economic earnings more than its reported earnings. Economic earnings rose by $9.1mm (506% increase) while Net Income rose by only $8.1mm (79% increase) during its last fiscal year. 3. The com­pany has $42mm in Excess Cash, which we remove from our Invested Cap­i­tal cal­cu­la­tion. $42 mil­lion is 20% of WNI’s mar­ket cap.
- [Seagate Technology PLC (STX) - Up over 15% Today - one the Most Attractive Stocks for October](https://www.newconstructs.com/seagate-technology-plc-stx-up-over-15-today-one-the-most-attractive-stocks-for-october/) - One of October's Most Attractive Stocks, Seagate Technology PLC (ticker - STX) is up over 15% today. STX was added to our list of Most Attractive Stocks in September, shortly after we reviewed the company's latest 10K and found HIDDEN GEMS.
- [Google Inc Cl A (GOOG) - Attractive Rating - for Ask Matt Readers](https://www.newconstructs.com/google-inc-cl-a-goog-attractive-rating-for-ask-matt-readers/) - HIDDEN GEM: GOOG has over $24,100mm in Excess Cash, a reflection of the profitability of the business and a 64% deduction to Reported Net Assets for our Invested Cap­i­tal calculation.
- [Apple Inc (AAPL) — Attractive Rating — for Ask Matt Readers](https://www.newconstructs.com/apple-inc-aapl-attractive-rating-for-ask-matt-readers/) - HIDDEN GEM: AAPL's economic earnings rose more than its accounting earnings during the last fiscal year. Economic earnings rose by $3,576 while accounting earnings rose by $2,401. And the company has $31,849mm in Excess Cash, a reflec­tion of the strong prof­itabil­ity of the busi­ness.
- [Stock Pick of the Week: Buy Bristol Myers Squibb Co (BMY) - Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-bristol-myers-squibb-co-bmy-very-attractive-rating/) - HIDDEN GEMS: 1. Our dis­counted cash flow analy­sis shows that BMY’s cur­rent val­u­a­tion (stock price of $27.16) implies that the company’s prof­its will decline by 35% and never grow again. 2. The com­pany grew its eco­nomic earn­ings by $307.5mm (12% increase) dur­ing its last fis­cal year. 3. The com­pany has $9,507mm in Excess Cash, which we remove from our Invested Cap­i­tal cal­cu­la­tion. $9,507mm mil­lion is more than 20% of BMY’s market cap.
- [MSFT up 8.3% - former Stock Pick of Week on Oct 28](https://www.newconstructs.com/msft-up-8-3-former-stock-pick-of-week-oct-28/) - MSFT released better than expected earnings and is up 8.3% since it was named the Stock Pick of the Week on October 28, 2010. Overt the same time period, the S&P 500 is up only 3.6%.
- [Stock Pick of the Week: Buy Colgate-Palmolive Co (CL) - Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-colgate-palmolive-co-cl-very-attractive-rating/) - HIDDEN GEMS: 1. About $250 million in non-operating expenses (after-tax) cause reported earnings to be understated during the last fiscal year. 2. Our discounted cash flow analysis shows that CL’s current valuation (stock price of $77.52) implies that the company’s profits will decline by 7% and never grow again. 3. The company grew its economic earnings by $229mm (14% increase) during its last fiscal year.
- [Stock Pick of the Week: Sell/Short CB Richard Ellis Group, Inc. (CBG) — Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-cb-richard-ellis-group-inc-cbg-very-dangerous-rating/) - RED FLAGS: Mis­lead­ing Earn­ings: CBG reported a $1,045mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $358mm. Very Dan­ger­ous Val­u­a­tion: Stock price of $19.06 implies CBG must grow its NOPAT at 20% com­pounded annu­ally for 15 years. Has any company ever done that, much less a commercial real estate company?
- [Small Cap Stocks Are Dangerous](https://www.newconstructs.com/small-cap-stocks-are-dangerous/) - The Risk/Reward of the entire Russell 2000 gets our Dangerous Rating. Our recently published Index Benchmark report on the Russell 2000 offers unique insights into the underlying profitability and valuation of all the companies comprised by this index. It also offers benchmarks for (1) investors considering buying ETFs or Index Funds based on the Russell 2000 and for (2) comparing individual stocks to the Russell 2000.
- [Stock Pick of the Week: Short Rackspace Hosting Inc (RAX) - Ignore the Takeover Hype](https://www.newconstructs.com/stock-pick-of-the-week-short-rackspace-hosting-inc-rax-ignore-the-takeover-hype/) - RED FLAGS: 1. Mis­lead­ing Earn­ings: RAX reported a $30mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $13mm (a dif­fer­ence of $43mm or 7% of rev­enue). 2. Very Dan­ger­ous Val­u­a­tion: Stock price of $25.636 implies RAX must grow its NOPAT at 25% com­pounded annu­ally for 17 years. A 17-year Growth Appre­ci­a­tion Period with a 25% com­pound­ing growth rate is quite a high stan­dard to beat, as per my post on How To Make Money Pick­ing Stocks. 3. Outstanding Stock Option Liability of $205mm or 6.5% of current market value
- [Stock Pick of the Week: Akamai Technologies Inc (AKAM) - Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-akamai-technologies-inc-akam-very-dangerous-rating/) - RED FLAGS: 1. Misleading Earnings: AKAM reported a $1mm increase in GAAP earnings while our model shows economic earnings declined by $10mm (a difference of $11mm or 7% of reported net income). 2. Very Dangerous Valuation: Stock price of $47 implies AKAM must grow its NOPAT at over 20% com¬pounded annu¬ally for 15 years. A 15-year growth appreciation period with a 20%+ compounding growth rate sets expectations for future cash flow performance quite high. 3. Asset write-offs of $2,000mm or 102% of Net Assets – this means that management has written off at least $1 of assets for every $1 on the current balance sheet. Writing off assets is the opposite of creating shareholder value as it reflects management’s inability to derive any profits for the investments it makes with shareholder funds. 4. Off-balance sheet debt of $128mm or 7% of Net Assets. 5. Outstanding Stock Option Liability of $212mm or 3% of current market value.
- [Western Digital Corp (WDC) - free report for Ask Matt, Very Attractive Rating](https://www.newconstructs.com/western-digital-corp-wdc-free-report-for-ask-matt-very-attractive-rating/) - HIDDEN GEM: Our detailed val­u­a­tion model shows that WDC grew its “eco­nomic” prof­its by 226% while account­ing prof­its grew 194% dur­ing its last fis­cal year. Eco­nomic prof­its rose by $769mm while account­ing prof­its rose by $912mm.
- [Buy The Travelers Co (TRV) - Very Attractive Rating](https://www.newconstructs.com/buy-the-travelers-co-trv-very-attractive-rating/) - HIDDEN GEMS: 1. About $29 million in non-operating expenses (after-tax) cause reported earnings to be understated. 2. Our dis¬counted cash flow analy¬sis shows that TRV’s cur¬rent val¬u¬a¬tion (stock price of $55.49) implies that the company’s profits will decline by 30% and never grow again. 3. The company grew its economic earn¬ings by $827mm during its last fiscal year.
- [Stock Pick of the Week: JDA Software Group Inc (JDAS) - Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-jda-software-group-inc-jdas-very-dangerous-rating/) - Red Flags: 1. Mis­lead­ing earn­ings: JDAS reported a $14.6mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $12.9mm (a dif­fer­ence of $27.5mm or 155% of reported net income). 2. Very dan­ger­ous val­u­a­tion: stock price of $27 implies JDAS must grow its NOPAT at over 20% com­pounded annu­ally for 10 years. A 10-year growth appre­ci­a­tion period with a 20%+ com­pound­ing growth rate sets expectations for future cash flow performance quite high. 3. Free Cash Flow was -$203mm or -15% of the company’s enterprise value last year. 4. Asset write-offs of $21mm or 3% of net assets – this means that management has written off at least $0.03 of assets for every $1 on the current balance sheet. Writing off assets is the opposite of creating shareholder value as it reflects management’s inability to derive any profits for the investments it makes with shareholder funds. 5. Off-balance sheet debt of $40mm or 6% of net assets. 6. Outstanding stock option liability of $13mm or 1% of current market value.
- [REITs and Financial Stocks Are “Most Dangerous” for December](https://www.newconstructs.com/most-attractive-most-dangerous-stocks-for-december-2010-released-today/) - The December version of our Most Attractive Stocks and Most Dangerous Stocks reports are now available for purchase. Note that Barron's recently recognized our Most Attractive Stocks portfolio as #1 over the prior 12 months amongst the best of the Wall Street research firms.
- [Tech and Pharma Stocks Are “Most Attractive” for December](https://www.newconstructs.com/tech-and-pharma-stocks-are-most-attractive-for-december/)
- [Stock Pick of the Week: Buy Analog Devices Inc (ADI) - Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-analog-devices-inc-adi-very-attractive-rating/) - HIDDEN GEMS: 1. About $15 million in non-operating expenses (after-tax) cause reported earnings to be understated. 2. Our dis­counted cash flow analy­sis shows that ADI’s cur­rent val­u­a­tion (stock price of $37.18) implies that the company’s prof­its will decline by 10% and never grow again. 3. The com­pany grew its eco­nomic earn­ings by $283mm dur­ing its last fis­cal year. 4. Excess cash of $2,462.5mm or nearly 25% of its market cap
- [Stock Pick of the Week: Sell/Short Discover Financial Services (DFS) - Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-discover-financial-services-dfs-very-dangerous-rating/) - RED FLAGS: 1. Mis­lead­ing earn­ings: DFS reported a $295mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $998mm (a dif­fer­ence of $1,293mm or over 100% of reported net income). The majority of the overstated reported earnings comes from a one-time gain from an anti-trust settlement of $1,892mm. 2. Very dan­ger­ous val­u­a­tion: stock price of $19 implies DFS must grow its NOPAT at over 10% com­pounded annu­ally for 40 years. A 40-year growth appre­ci­a­tion period with a 10%+ com­pound­ing growth rate sets expectations for future cash flow performance quite high. Historical growth rates have never been much lower. 3. Free Cash Flow was -$2,470mm or -26% of the company’s enterprise value last year. 4. Asset write-offs of $428mm or 5% of net assets – this means that management has written off at least $0.05 of assets for every $1 on the current balance sheet. Writing off assets is the opposite of creating shareholder value as it reflects management’s inability to derive any profits for the investments it makes with shareholder funds. 5. Off-balance sheet debt of $38mm or 0.5% of net assets. 6. Outstanding stock option liability of $8mm or less than 1% of current market value.
- [Stock Pick of the Week: Buy Accenture Plc (ACN)- Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-accenture-plc-acn-very-attractive-rating/) - HIDDEN GEMS: 1. Our dis­counted cash flow analy­sis shows that ACN’s cur­rent val­u­a­tion (stock price of $48.59) implies that the company’s prof­its will decline by 9% and never grow again. 2. Eco­nomic earn­ings are higher than reported accounting earnings. 3. Excess cash of $3,728mm or about 12% of its market cap
- [Starbucks -Don't Be Fooled Again: Stong Brand Does Not Equal Strong Stock](https://www.newconstructs.com/starbucks-dont-be-fooled-again-stong-brand-does-not-equal-strong-stock/) - We went on record that investors should short SBUX on 11/6/2006 when the stock was close to $38 per share. Click here to see the Fortune Article. The stock did not look attractive to us until 2 years (11/18 – 11/20/08) later when it was under $8, and that for only about 3 days. And ever since we have had a Neutral or Dangerous Rating on the stock.
- [Tech and Pharma Stocks are Most Attractive for January](https://www.newconstructs.com/tech-and-pharma-stocks-are-most-attractive-for-january/)
- [Stock Pick of the Week: Sell/Short BJ’S Restaurants (BJRI)- Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-bjs-restaurants-bjri-very-dangerous-rating/) - Red flags: 1. Mis­lead­ing earn­ings: BJRI reported a $3mm increase in GAAP earn­ings while our model shows eco­nomic earn­ings declined by $2mm (a dif­fer­ence of $5mm or nearly 40% of reported net income) during the last fiscal year. 2. Very dan­ger­ous val­u­a­tion: stock price of $34 implies BJRI must grow its NOPAT at over 20% com­pounded annu­ally for 15 years. A 15-year growth appre­ci­a­tion period with a 20%+ com­pound­ing growth rate sets expectations for future cash flow performance quite high. Historical growth rates are much lower. 3. Free cash flow was -$83mm or -11% of the company’s enterprise value last year. 4. Off-balance sheet debt of $265mm: 79% of net assets and 25% of market value. 5. Outstanding stock option liability of $44mm or 5% of current market value.
- [Stock Pick of the Week: Buy Apollo Group Inc cl A (APOL)- Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-apollo-group-inc-cl-a-apol-very-attractive-rating/) - HIDDEN GEMS: 1. Our discounted cash flow analysis shows that APOL’s current valuation (stock price of $42.31) implies that the company’s profits will decline by 60% and never grow again. 2. Economic earnings are higher than reported accounting earnings. 3. Excess cash of $1,201mm or about 20% of its market cap
- [Stock Pick of the Week: Sell/Short Integrated Device Technology, Inc. (IDTI)- Very Dangerous Rating](https://www.newconstructs.com/stock-pick-of-the-week-sellshort-integrated-device-technology-inc-idti-very-dangerous-rating/) - Of the 561 technology stocks we cover, IDTI is one of the 77 that get our “very dangerous” rating and one of the few that make our most dan­ger­ous stocks list for January. The tech sector is tricky because there are several large-cap excellent stocks (MSFT, ADI and AAPL) that make the sector look very good and offer good hiding for some “very dangerous” smaller-cap stocks such as IDTI.
- [Stock Pick of the Week: Buy Kirkland’s Inc. (KIRK)- Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-kirklands-inc-kirk-very-attractive-rating/) - HIDDEN GEMS: 1. Our discounted cash flow analysis shows that KIRK’s current valuation (stock price of $13.25) implies that the company’s profits will decline by 50% and never grow again. 2. Economic earnings are growing faster that reported accounting earnings. 3. Free cash flow of $32.2mm or 12.4% of its enterprise value during the last fiscal year.
- [Hedge Against A Market Sell-Off; Sell NYSE Euronext (NYX)](https://www.newconstructs.com/hedge-against-a-market-sell-off-sell-nyse-euronext-nyx/) - Misleading earnings: NYX reported a $957mm increase in GAAP earnings while our model shows economic earnings declined by $641mm (a difference of $1,599mm or 34% of 2009 revenues during the last fiscal year. The majority of this disconnect comes from asset-write offs of $1,249mm, which equals 12% of reported net assets.
- [For Ask Matt readers: Abbot Laboratories (ABT) - Attractive Rating](https://www.newconstructs.com/for-ask-matt-readers-abbot-laboratories-abt-attractive-rating/) - HIDDEN GEM: ABT's current stock price (~$45 per share) implies the company’s profits will permanently decline by 20%. In other words, the market is not only giving no credit for future profit growth, it is predicting a significant (20%) decline in profits.
- [Stock Pick of the Week: Buy Discover Financial Services (DFS)- Very Attractive Rating](https://www.newconstructs.com/stock-pick-of-the-week-buy-discover-financial-services-dfs-very-attractive-rating/) - HIDDEN GEMS: 1. Our dis­counted cash flow analy­sis shows that DFS’s cur­rent val­u­a­tion (stock price of $21.80) implies that the company’s prof­its will decline by 40% and never grow again. 2. Eco­nomic earn­ings are growing faster that reported accounting earnings. 3. Free cash flow of $2.8bn or 24% of its enterprise value during the last fiscal year.
- [The Ride Is Over: Sell Ariba Inc. (ARBA)](https://www.newconstructs.com/the-ride-is-over-sell-ariba-inc-arba/) - Over the past 10 years, ARBA appears as quite a success story and one of the few ‘internet bubble’ companies to survive and reach profitability, on a GAAP accounting basis at least. Looking beyond the reported accounting results, however, reveals that ARBA is not quite as profitable a company as it seems, and its valuation has out-grown its profits by a wide margin – the required combination of factors for making February’s list of most dan­ger­ous stocks.
- [For Ask Matt readers: Ford (F) — Dangerous Rating](https://www.newconstructs.com/for-ask-matt-readers-ford-f-dangerous-rating/) - Ford gets our Dangerous Rating. This means F has poor quality-of-earnings and an expensive valuation. For example, F's ROIC at 0.6% is in our Bottom Quintile. And the valuation of the current stock price ($15.07) implies the company will grow its profits at 10% compounded annually for over 40 years. The takeaway: avoid this stock.
- [Score A Takedown and Buy World Wrestling Entertainment, Inc. (WWE) - Very Attractive Rating](https://www.newconstructs.com/score-a-takedown-and-buy-world-wrestling-entertainment-inc-wwe-very-attractive-rating/) - Don’t be fooled by the histrionics and high-flying stunts. World Wrestling Entertainment is an excellent business. With a return on invested capital over 22%, it is one of the most profitable companies in the United States. Excess cash is $207mm, more than 20% of the company's market value.
- [Bleeding Reserves To Artificially Boost EPS: Sell Principal Financial Group, Inc. (PFG)](https://www.newconstructs.com/bleeding-loan-loss-reserves-artificially-boosts-sell-principal-financial-group-inc-pfg/) - Principal Financial Group, Inc. (PFG) reported accounting earnings in 2010 that are misleading compared to the true economic earnings of the business. PFG’s 2010 reported earnings are artificially boosted by a reduced loan loss expense, which is funded by a draw down of the company’s loss reserves.
- [For Ask Matt readers:Caterpillar Inc. (CAT) — Dangerous Rating](https://www.newconstructs.com/for-ask-matt-readerscaterpillar-inc-cat-dangerous-rating/) - Caterpillar Inc. (CAT) gets our Dan­ger­ous Rat­ing. This means CAT's quality-of-earnings are not attractive and the stock's valuation it very expensive.
- [Back Up the Truck: Intel Is Too Cheap To Pass Up...Again](https://www.newconstructs.com/dont-call-it-a-comeback-buy-intel-corp-intc/) - Recent weakness in Intel (INTC)'s stock presents an excellent buying opportunity for investors. As one of March’s most attractive, INTC offers the rare combination of strong cash flow growth with a remarkably cheap valuation.
- [Dead Company Walking: Sell Eastman Kodak (EK)](https://www.newconstructs.com/dead-company-walking-sell-eastman-kodak-ek/) - What I bet very few people, outside the company itself, know is that EK’s pension liabilities could torpedo the company into bankruptcy and send the stock to significantly lower levels. In the company’s recently published 10K, we found that EK’s pension obligations are underfunded by $2.6 billion, about 3 times the company’s market value.
- [Accounting Is Fishy at the Zumiez (ZUMZ) Surf Shop](https://www.newconstructs.com/something-is-fishy-at-the-zumiez-surf-shop-sell-this-stock/) - 2010 earnings for the retail apparel sector have been quite strong, especially compared to 2009. However, looking behind the window dressing of reported earnings, we find that not all earnings are made the same. Zumiez Inc. (ZUMZ), retailer of cool, new action apparel turned to an old accounting trick to boost its 2010 earnings by 13%
- [Take Gains on Discover Financial (DFS) To the Bank](https://www.newconstructs.com/take-gains-on-discover-financial-dfs-to-the-bank/) - Since we made DFS the Stock Pick of the Week on Feb 15, 2011, the stock is up about 14% while the S&P500 is up about 0.3%. The stock was super-cheap when we made the call, and that is no longer the case. After making the February and March lists, DFS is no longer one of our Most Attractive Stocks in April.
- [No Security In VirnetX Holding Corp’s (VHC) Stock](https://www.newconstructs.com/no-security-in-virnetx-holding-corps-vhc-stock/) - Is VHC the next Google? The market’s current valuation seems to suggest it is that and much more. Very few times in the last 15 years have I found a stock as expensive as VHC. The only comparable situation that comes to mind is Google (GOOG) at its IPO.
- [Buy Eli Lilly & Company (LLY) - Attractive and Safe Enough To Take Home To Mom](https://www.newconstructs.com/buy-eli-lilly-company-lly-very-attractive-rating-a-stock-you-can-take-home-to-mom/) - The risk/reward of this stock is quite compelling. Downside risk is low as the valuation already implies a permanent 54% decline in profits. How much worse can the valuation get? Upside reward potential is strong as the stock has to go over $77/share to trade at a value that implies the company’s profits will experience a 0% decline, still a no-growth scenario.
- [For Ask Matt readers:Caterpillar Inc. (CAT) — Dangerous Rating](https://www.newconstructs.com/for-ask-matt-readerscaterpillar-inc-cat-dangerous-rating-2/) - Caterpillar Inc. (CAT) gets our Dangerous Rating. This means CAT’s quality-of-earnings are not attractive and the stock’s valuation is very expensive. For example, the valuation of the current stock price ($112.16) implies the company will grow its profits at 16% compounded annually for 20 years. The takeaway: there are better stocks to choose from. See details in our free report.
- [Sell Morgan Stanley Before It Sells You Down the River](https://www.newconstructs.com/sell-morgan-stanley-before-it-sells-you-down-the-river/) - When Morgan Stanley (MS) started in 1935, there were around fifteen employees. For 2010, the company reported 62,542 employees. Bigger is not always better. And for big, publicly-traded companies, big tends to be worse especially when it comes to financial reporting.
- [Sell Citigroup Before The Earnings Bubble Pops](https://www.newconstructs.com/sell-citigroup-before-the-earnings-bubble-pops/) - Citigroup is running out of accounting tricks and the stock will continue its slide as investors recognize the company is not as profitable as it wants investors to believe. Our analysis of the financial footnotes of more than 50,000 annual reports means we know more about which companies have the naughtiest and the nicest accounting. And Citigroup is definitely on the naughty list.
- [Lorillard’s Profits Require No Smoke and Mirrors](https://www.newconstructs.com/lorillards-profits-require-no-smoke-and-mirrors/) - I am not a smoker or tobacco user, and I do not like to be around smokers. However, that prejudice does not blind me from the fact that Lorillard, Inc. (LO) is a “very attractive” stock. I recommend investors buy it as well as the following ETFs because of their large allocations to LO and their attractive-or-better investment ratings...
- [More Downside Than Meets The Eye for Finisar](https://www.newconstructs.com/more-downside-than-meets-the-eye-for-finisar/) - The worst is not over for Finisar Corporation (FNSR)’s stock. Despite dropping over 50% since March, the stock remains on our most dangerous stocks list, where it has been since October 2010.
- [RIMM’s Stock Offers A Free Option On a Comeback](https://www.newconstructs.com/rimms-stock-offers-a-free-option-on-a-comeback/) - Yes, RIMM is losing market share and fast. Yes, RIMM’s Blackberry Playbook tablet is a dud. Yes, the stock has been a stinker recently. And yes, none of what I wrote at the beginning of this article would matter if the stock were not super cheap.
- [Blue-Light Special: Wal-Mart Stock](https://www.newconstructs.com/wal-marts-stock-is-a-terrific-bargain/) - If you are looking for a good, safe stock in this volatile market, Wal-Mart is one of the best.
- [Sell Starwood Before FASB Closes Loophole That Boosts EPS](https://www.newconstructs.com/hidden-debt-enables-starwood-to-overstate-profits/) - Accounting rules provide the biggest loopholes to asset intensive businesses. And the off-balance sheet operating lease loophole is one of the biggest. By exploiting this loophole, Starwood is able to omit nearly $1 billion in debt from its balance sheet in 2010, $200 million (20% of the total) was added in 2010.
- [McDonald's Corporation (MCD) — Very Attractive Rating for Ask Matt Readers](https://www.newconstructs.com/mcdonalds-corporation-mcd-very-attractive-rating-for-ask-matt-readers/) - The val­u­a­tion of MCD'’s stock implies the com­pany will grow its after-tax cash flow (NOPAT) by less than 10% over its remaining life. I think market expectations are too low, espe­cially when the company’s return on invested cap­i­tal (ROIC) is so high at 14.5%.
- ["Most Attractive Stocks" Earn Top-Ranking Again](https://www.newconstructs.com/most-attractive-stocks-earn-top-ranking-again/) - In Barron's 1st Half of 2011 Sur­vey: “Stum­bling To the Halfway Mark”, performance of our Most Attractive stocks won the #2 ranking over the prior 3 years.
- [Research In Motion, Ltd. (RIMM) - Very Attractive Risk/Reward Rating For Ask Matt Readers](https://www.newconstructs.com/research-in-motion-ltd-rimm-very-attractive-riskreward-rating-for-ask-matt-readers/) - Here is a free copy of our report on RIMM for read­ers of Ask Matt. The val­u­a­tion of RIMM's stock implies the com­pany's after-tax cash flow (NOPAT) will permanently decline by nearly 75%.
- [Buy Clorox: Management Focused On Shareholder Value](https://www.newconstructs.com/buy-clorox-management-focused-on-shareholder-value/) - I take great pleasure in recommending investors buy Clorox (CLX) – an attractive-rated stock, not just because of its strong profitability and cheap valuation but also because of the unusually high quality and integrity of its financial reporting.
- [Sell Baker Hughes Before The Stock Goes Up In Fumes](https://www.newconstructs.com/sell-baker-hughes-before-the-stock-goes-up-in-fumes/) - It is only a matter of time before oil and gas stocks stop moving with the price of oil and start reflecting their underlying economics. When this happens, Baker Hughes (BHI – “very dangerous” rating) will be among the stocks that fall the hardest.
- [Buy LRCX: More Value Than Meets the Eye](https://www.newconstructs.com/buy-lrcx-more-value-than-meets-the-eye/) - Most of my research and publishing tends to focus on companies manipulating accounting rules to make their reported earnings look better than the real economic cash flows of their business. It is unfortunately rare that I find a company whose economic earnings are outpacing the reported accounting results and whose stock is cheap. One such company is Lam Research (LRCX – very attractive rating). One of September’s most attractive stocks, LRCX offers investors hidden value.
- [Stock Brawl on Starbucks (SBUX)](https://www.newconstructs.com/stock-brawl-on-starbucks-sbux/) - In addition to my stock-brawl interview on Thursday (9/29/11), I have commented to the media on Starbucks (SBUX) many times. Below is a list (with links) to my past opinions/comments on SBUX.
- [Sell Starbucks (SBUX) - Still A Bad Stock](https://www.newconstructs.com/starbuck-sbux-still-a-bad-stock/) - Similar to my prior interviews on SBUX, I found it easy to make the bear case for a stock that is as expensive as Starbucks (SBUX). As my regular readers know, when I say "expensive", I back that up with details such as: to justify its $40 stock price (closing price from prior day), SBUX had to grow profits at 10% compounded annually for more than 25 years.
- [DeVry (DV) Very Attractive Risk/Reward Rating for Ask Matt Readers](https://www.newconstructs.com/devry-dv-very-attractive-riskreward-rating-for-ask-matt-readers/) - Here is a free copy of our report on DeVry (DV) for Ask Matt read­ers. This report pro­vides details behind Matt’s analy­sis of DV in his recent arti­cle in USA Today.
- [Utility Sector: Check The Ingredients Before Buying](https://www.newconstructs.com/utility-sector-check-the-ingredients-before-buying/) - High dividend yields are NOT enough to warrant investing in the utilities sector. Too many investors put their hard-earned money in utility stocks with the assumption that relatively high-yielding dividends from stable business make a good investment. The real question that investors in any equity security must ask is: does my expected return from a stock justify the risk of investing in it?
- [Apple Inc. (AAPL): Very Attractive Risk/Reward Rating for Ask Matt Readers](https://www.newconstructs.com/apple-inc-aapl-very-attractive-riskreward-rating-for-ask-matt-readers/) - Here is a free copy of our report on AAPL for Ask Matt readers. AAPL gets our "Very Attractive" rating because its economic earnings are positive and rising, it has one of the highest returns on invested capital (ROIC) in the world. At the same time, it's stock price reflects very low expectations for future earnings growth.
- [Short VMware (VMW) As Hedge for Euro Recession](https://www.newconstructs.com/short-vmware-vmw-as-hedge-for-euro-recession/) - VMW’s valuation has its head in the clouds. This stock is a great short in most any scenario and is especially attractive in the event of a global economic slowdown led by a recession in Europe.
- [Don't Be Fooled: The Euro Will Take Us All Down](https://www.newconstructs.com/dont-be-fooled-the-euro-will-take-us-all-down/) - Do not be fooled by the recent stock market run-up. Think of it as a set-up for a fall. Investors need to protect their portfolios from the eventual economic decline that will stem from the euro debacle.
- [Own These Stocks If You Must Be Long](https://www.newconstructs.com/own-these-stocks-if-you-must-be-long/) - Not everyone has the luxury of or stomach for being net short as I recommended in my last article. So, I offer some of my top picks for those that must be long.
- [Eastman Kodak (EK) Will Go Bankrupt](https://www.newconstructs.com/eastman-kodak-ek-will-go-bankrupt/) - After accounting for its underfunded retirement obligations, Eastman Kodak’s net market value is about -$3.50 per share.
- [Buy Intel: A Stock For All Seasons](https://www.newconstructs.com/buy-intel-a-stock-for-all-seasons/) - In an increasingly challenging market, Intel [s: INTC] is one of the safest investments with compelling upside potential. That’s right, investors get to have their cake and eat it too – at least for now.
- [CNBC Interview: Starbucks Earnings Review and Stock Rating](https://www.newconstructs.com/cnbc-interview-starbucks-earnings-review-and-stock-rating/) - Another CNBC's Closing Bell interview on Starbucks... I am still a bear on the stock (SBUX).
- [Smoking Out the Truth: Buy MO](https://www.newconstructs.com/smoking-out-the-truth-buy-mo/) - As discussed in “The Real Earnings Season Starts Now”, annual reports are the best source for developing investment ideas. I provided my clients with dozens of insights in 2011 that delivered impressive returns, and I continue that trend with my recommendation of MO.
- [Raising Fees Is A Desperate Measure: Sell BAC](https://www.newconstructs.com/raising-fees-is-a-desperate-measure-sell-bac/) - Recent news that Bank Of America (BAC) is considering jacking up its fees on basic checking accounts suggests the company is bad shape. As I wrote yesterday, I believe BAC stock is headed back to its lows and today’s news confirms my view that the expectations basked into the stock’s valuation are writing checks that the company cannot cash.
- [Sell BAC: Management Is Running Out of Gimmicks](https://www.newconstructs.com/dont-catch-the-dead-cat-bounce-sell-bac/) - Year to date, Bank Of America (BAC) stock is up nearly 45% compared to the S&P at +about 8%. BAC stock has bounced back nicely after dropping precipitously at the end of last year. I would call the 45% bounce a “dead cat” bounce because I expect the stock to fall right back to $5/share, where it bottomed last Thanksgiving, or lower.
- [Matt Taibbi of Rolling Stone References My Article on BAC's New Fees](https://www.newconstructs.com/matt-taibbi-of-rolling-stone-references-my-article-on-bacs-new-fees/) - Always flattered when a journalist, especially one as famous and respected at Mr. Taibbi, references my work. His article "Bank of America In Trouble?" incorporated the meat of my "Raising Fees Is A Desperate Measure: Sell BAC" article.
- [Get Off the SBUX Bandwagon Before It Crashes](https://www.newconstructs.com/when-the-coffee-buzz-wears-off/) - Be wary of advice from the bandwagon riders. They care more about getting more people in the bandwagon than anything else. The Starbucks (SBUX) bandwagon is a big one. I am not on it.
- [Ideas Dinner – Pro & Institutional Only Webinar – June 16 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-june-16-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, June 16 at 3pm CT.
- [Separating Financial Sector Winners from Losers](https://www.newconstructs.com/separating-financial-sector-winners-from-losers/) - Not every investor wants to buy individual stocks, so we’re featuring a Very Attractive-rated Financials ETF.
- [Live Podcast Friday: Quantifying the Expectations in SpaceX’s Valuation](https://www.newconstructs.com/live-podcast-friday-quantifying-the-expectations-in-spacexs-valuation/) - All are welcome to join us for our next live podcast on Friday, June 12 at 12pm EST.
- [Podcast: Why Index Fund Investors Are the Danger Zone](https://www.newconstructs.com/podcast-why-index-fund-investors-are-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Index Fund Investors.
- [ICYMI: New Long Idea, 5 Straight Years of #1-Ranked Stock Picking, Disrupting Wall Street’s Game, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-5-straight-years-of-1-ranked-stock-picking-disrupting-wall-streets-game-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of June 1, 2026.
- [June 2026 Stock-Picking Accolades: #1 Ranking for 60 Straight Months](https://www.newconstructs.com/june-2026-stock-picking-accolades-1-ranking-for-60-straight-months/) - We are June 2026's #1 ranked stock picker in Industrials and Consumer Discretionary categories on SumZero rankings.
- [YUM! Brands, Inc. (YUM): Attractive Rating — for Ask Matt Readers](https://www.newconstructs.com/yum-brands-inc-yum-attractive-rating-for-ask-matt-readers/) - YUM! Brands, Inc. (YUM) bet my Attractive rating. Here is a free copy of my report on YUM.
- [Bank Of America (BAC): Very Dangerous Rating — for Ask Matt Readers](https://www.newconstructs.com/bank-of-america-bac-very-dangerous-rating-for-ask-matt-readers/) - Bank Of America (BAC) gets our Very Dangerous rating because it has misleading earnings and a very expensive valuation. Here is my free report on BAC.
- [Front Run Buffett: Buy Scripps Networks Interactive (SNI)](https://www.newconstructs.com/front-run-buffett-buy-scripps-networks-interactive-sni/) - I recommend investors buy stock in Scripp Networks Interactive (SNI) before Mr. Buffett buys the whole company.
- [Microsoft (MSFT): Very Attractive Rating — for Ask Matt Readers](https://www.newconstructs.com/microsoft-msft-very-attractive-rating-for-ask-matt-readers/) - MSFT gets my best rating because the company’s ROIC, at 72%, ranks 8th in the S&P 500 while its stock price (~$31.52/share) implies the company’s profits will permanently decline by about 20%. High profitability and low valuation create excellent risk/reward in a stock. Here is my free report on MSFT.
- [Top Stock Picks: 2011 In Review](https://www.newconstructs.com/see-how-diligence-pays/) - Everyone wants diligence. Few will ever turn it down. The problem is that diligence is expensive. New Constructs makes diligence cost-effective.
- [Buy Apple, Naysayers Are Missing the Point](https://www.newconstructs.com/buy-apple-naysayers-are-missing-the-point/) - With so much written about Apple (AAPL), I am amazed that so few have focused on the most important driver of its stock price: the company 270% return on invested capital (ROIC).
- [Bail Out of DAL Before the Stock Crashes](https://www.newconstructs.com/bail-out-of-dal-before-the-stock-crashes/) - I recommend investors avoid Delta Airlines (DAL). I think the stock could see significant downward pressure as more investors realize how the company is propping up its earnings with relatively aggressive accounting for its pension and postretirement plan (“pensions”), which are already seriously underfunded.
- ["S&P: Delta could be in line for upgrade" - Are they kidding?](https://www.newconstructs.com/sp-delta-could-be-in-line-for-upgrade-are-they-kidding/) - I do not think S&P's analysts are aware of Delta's staggering $22.3 billion in off-balance sheet liabilities, which include $14.1 billion in underfunded pensions and $8.2 in operating leases.
- [ETF Pair Trade To Navigate Shifty Tech Stocks](https://www.newconstructs.com/etf-pair-trade-to-navigate-shifty-tech-stocks/) - I have a pair trade (i.e. long/short) ETF strategy for investors who want to maximize upside potential and minimize downside risk in Technology stocks.
- [Why is S&P Raising Its Outlook on Delta (DAL)?](https://www.newconstructs.com/why-is-sp-raising-its-outlook-on-delta-dal/) - After S&P’s recent upgrade to its outlook on Delta Airlines [s: DAL], I cannot help but to wonder how they do their analysis.
- [ETF Pair Trade To Maximize Profits In The Energy Sector](https://www.newconstructs.com/etf-pair-trade-to-maximize-profits-in-the-energy-sector/) - Oil prices have been on a wild ride the last few years to say the least. There are many ways to play these trends.
- [Top Stock Picks & Shorts: Moneylife Radio Interview w/ Chuck Jaffe](https://www.newconstructs.com/top-stock-picks-shorts-moneylife-radio-interview-w-chuck-jaffe/) - Listen in on my 15 minute interview describing the rigorous diligence New Constructs applies to every rating on the stocks, ETFs and mutual funds we cover.
- [Pensions Weigh On Goodyear (GT) Stock Potential](https://www.newconstructs.com/pensions-weigh-on-goodyear-gt-stock-potential/) - Goodyear Tire & Rubber (GT) must overcome $3.7 billion in underfunded pensions plus $6.3 billion in debt ($1.1 billion of which is off balance sheet) before investors could see any upside.
- [Free report for Ask Matt, AT&T (T) - Dangerous Rating](https://www.newconstructs.com/free-report-for-ask-matt-att-t-dangerous-rating/) - Here is our free report on AT&T (T), which gets our Dangerous Rating.
- [US Steel (X) At Risk Of Pension Pressure](https://www.newconstructs.com/us-steel-x-at-risk-of-pension-pressure/) - Some stocks are more dangerous than others. In an anemic economic environment, the most dangerous stocks are those with issues that are lurking behind the scenes or in footnotes.
- [How To Survive the Euro Crisis](https://www.newconstructs.com/how-to-survive-the-euro-crisis/) - As I wrote in “Don’t Be Fooled: Get Short Now”, the euro is not that different from Enron, WorldCom or the Madoff fund. All of these organizations were able to pretend they were profitable or solvent long after they were insolvent. Now markets are finally acknowledging the intractability of the Euro debacle.
- [Goldman's Sell Rating on DAL Follows My Short Call](https://www.newconstructs.com/goldmans-sell-rating-on-dal-follows-my-short-call/) - Yesterday, Goldman Sach's initiated on Delta Airlines (DAL) with a Sell Rating. This stock call comes two months after my note to clients recommending shorting DAL.
- [Starbucks (SBUX) Plunge Is Beginning Of Bad Trend](https://www.newconstructs.com/starbucks-sbux-plunge-is-beginning-of-bad-trend/) - When stocks are priced for perfection as SBUX is, they are very risky. Just look at today's 10%+ drop in SBUX shares in a market that is up 1%. My regular readers know that I have, for a while, warned investors that SBUX was overpriced and due for a correction. See "Get Off the SBUX Bandwagon Before It Crashes".
- [Make Money By Losing Weight: Buy WTW](https://www.newconstructs.com/make-money-by-losing-weight-buy-wtw/) - One of the best “win-win” combinations in today’s world is Weight Watcher International’s (WTW) stock.
- [Risk Gets Lighter, Opportunity Gets Bigger for Weight Watchers](https://www.newconstructs.com/risk-gets-lighter-opportunity-gets-bigger-for-weight-watchers/) - One of the best “win-win” combinations in today’s world is Weight Watcher International’s (WTW) stock.
- [Slow & Steady Wins The Race: Buy XOM](https://www.newconstructs.com/slow-steady-wins-the-race-buy-xom/) - Sometimes, picking stocks is easy if you focus on the basic principles of cash flows, valuation and competitive advantage.
- [Buy CSCO: A Treat For Value Investors](https://www.newconstructs.com/buy-csco-selling-shovels-to-the-bandwidth-rush/) - Seldom do value investors get a chance to have their cake and eat it too. And that is exactly what we have with Cisco (CSCO) stock.
- [Free report for Ask Matt, Exxon Mobil (XOM) – Very Attractive Rating](https://www.newconstructs.com/free-report-for-ask-matt-exxon-mobil-xom-very-attractive-rating/) - Exxon was my Stock Pick of the Week last week. Here is an excerpt from my article: "Buying Exxon Mobil (XOM) now is one of the easiest calls in the market these days..."
- [Citigroup (C) and Bank Of America (BAC) Dropped from Most Dangerous List](https://www.newconstructs.com/citigroup-c-and-bank-of-america-bac-dropped-from-most-dangerous-list/) - For the first time in many months, both Citigroup (C) and Bank Of America (BAC) are not on our Most Dangerous Stocks list as of the release of the August report.
- [A Value Investor's Classic: Phillip Morris (PM)](https://www.newconstructs.com/a-value-investors-classic-phillip-morris-pm/) - My last recommendation was new to the value-investing club (see Buy CSCO: A Treat For Value Investors). This week, I bring back a classic value stock: Phillip Morris (PM).
- ["Earnings Accretion" Is a Mirage: Sell HOLX](https://www.newconstructs.com/beware-the-earnings-accretion-mirage-sell-holx/) - Sometimes when I analyze a stock, I am reminded of the marvels that investment bankers can do for their valuations, especially if the company is a good client. With its recent $3.7 billion acquisition of Gen-Probe, I would bet that Hologic (HOLX) made its investment bankers quite happy. Investors, on the contrary, should sell the stock and not be happy with that deal.
- [Don't Trust This Utility's Dividend](https://www.newconstructs.com/dont-trust-this-utilitys-dividend/) - Smart investors consider more than just the dividend of a stock. They also consider the principal risk. If the principal risk is greater than the dividend yield then the dividend is of no real value. I see the principal risk of this stock at more than 15% with a fair value closer to $50 – after adjusting for the pension accounting shenanigans.
- [Sell Life Time Fitness: Valuation Is on Steroids](https://www.newconstructs.com/sell-life-time-fitness-valuation-is-on-steroids/) - Working out makes just about everything in my life better. I have more energy, food tastes better and (at least feel as if) I look better. I even think it makes me smarter.I do not feel good about Life Time Fitness (LTM)’s stock, however. The growth expectations in the stock are much too high. And I do not believe in management’s over confident EPS guidance.
- [I Hate the Guts of This ETF: Sell URE](https://www.newconstructs.com/i-hate-the-guts-of-this-etf-sell-ure/) - The guts of an ETF are its holdings. And an ETF’s guts are what drive my ETF ratings. As highlighted in Barron’s, the only truly diligent assessment of an ETF is based on its holdings. Research on an ETF’s holdings is important because an ETF’s performance is only as good as its holdings. Therefore, if you care about performance, you care about the ETF’s holdings.
- [Time To Dig In To McDonalds (MCD)](https://www.newconstructs.com/time-to-dig-in-to-mcdonalds-mcd/) - When McDonalds (MCD) made my Most Attractive Stocks list this month, I must admit I let out a small cheer. This company is one of the better-run businesses in the world. I have long eyed the stock in hopes that it would get cheap enough to dig into and now it has.
- [Tune Into Viacom's Stock](https://www.newconstructs.com/tune-into-viacoms-stock/) - As one of the largest media companies in the world, Viacom’s (VIAB) distribution and reach puts the company in a very strong competitive position.
- [The Cloud Is Good For Western Digital](https://www.newconstructs.com/the-cloud-is-good-for-western-digital/) - Contrary to public opinion, the long-term implications of cloud computing on the storage and computing businesses are very positive. Western Digital (WDC) is highly undervalued at anything below $70/share as this company stands to benefit more from cloud computing than it will suffer.
- [Coach Has Great Management Skills](https://www.newconstructs.com/coach-has-great-management-skills/)
- [Top Stock Picks: 2012 in Review](https://www.newconstructs.com/see-how-diligence-paid-in-2012/) - Everyone wants diligence. The problem is that diligence is expensive. I make diligence cost-effective. See how my research paid off for clients last year.
- [Buy Oracle And Capitalize On Big Data Discount](https://www.newconstructs.com/buy-oracle-and-capitalize-on-big-data-discount/) - Take advantage of the cloud and the fact that ORCL is the cheapest it has been in 14 years.
- [Buy CAT: A Global Leader Trading at a 3rd-World Discount](https://www.newconstructs.com/buy-and-go-long-on-global-industrialization/) - Investors should pay little mind to recent short-term trends such as falling EPS, estimates and stock price and focus on the strong long-term fundamentals of this business.
- [Buy Accenture (ACN): Profiting Off Others’ Innovations](https://www.newconstructs.com/buy-accenture-plc-acn-profiting-off-others-innovations/) - No matter what time range I review, Accenture’s history attests to the quality of its management and business model.
- [Mandatory Demand Meets Rock-Bottom Expectations](https://www.newconstructs.com/mandatory-demand-meets-rock-bottom-expectations/) - The disconnect between business fundamentals and stock valuation provides Very Attractive Risk/Reward.
- [Featured Stock from our Dividend Growth Stocks Model Portfolio for May 2026](https://www.newconstructs.com/featured-stock-from-our-dividend-growth-stocks-model-portfolio-for-may-2026/) - Get details on one of the stocks in May 2026's Dividend Growth Stocks Model Portfolio.
- [Most Attractive Stocks Model Portfolio: June 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-june-2026/) - Professional Members and higher can access June's 40 Most Attractive Stocks as of Wednesday, June 3.
- [Most Dangerous Stocks Model Portfolio: June 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-june-2026/) - Professional Members and higher can access June's 37 Most Dangerous Stocks as of Wednesday, June 3.
- [Podcast: Why SpaceX Lands in the Danger Zone](https://www.newconstructs.com/podcast-why-spacex-lands-in-the-danger-zone/) - Senior Investment Analyst Kyle Guske II sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: SpaceX (SPCX): Going Boldly Where No One Has Gone Before.
- [ICYMI: New Long Idea, Exposing Wall Street Manipulation, Separating Earnings Opportunity from Narrative, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-exposing-wall-street-manipulation-separating-earnings-opportunity-from-narrative-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of May 25, 2026.
- [Footnotes Diligence Drives CSCO Pick](https://www.newconstructs.com/how-new-constructs-research-saw-cisco-systems-csco-outperformance-coming/) - If you bought Cisco Systems Inc (CSCO) last August when I recommended it to investors, or when I recommended it again in January, or any time between May 10, 2012 and now when the stock has had my Very Attractive rating, then today has been a good day for you.
- [Wal-Mart: Still Offering Great Value](https://www.newconstructs.com/wal-mart-still-offering-great-value/) - Wal-Mart’s stock has done well since we first opened a position in June 2011, but it is still significantly undervalued.
- [More Upside From Western Digital (WDC)](https://www.newconstructs.com/more-upside-from-western-digital-wdc/) - WDC is more profitable than ever and remains significantly undervalued. The no-growth value of this business is over $100/share.
- [McDonald’s Is Still on the Value Menu](https://www.newconstructs.com/mcdonalds-is-still-on-the-value-menu/) - The stock market is giving MCD no credit for the company’s proven track record of value creation and strong growth potential. Instead, the market predicts MCD’s profits will permanently drop. I think it is pretty clear the market’s expectations are too low for MCD. Investors should take advantage.
- [Buy Herbalife And Get A Piece Of the Good Life](https://www.newconstructs.com/buy-herbalife-and-get-a-piece-of-the-good-life-2/) - Herbalife is a very profitable company with significant long-term competitive advantages that not only position the company to continue to create shareholder value but also to be very attractive as a potential acquisition target for large health insurers.
- [Buy Intel and Profit From Market Fear](https://www.newconstructs.com/buy-intel-and-profit-from-market-fear/) - Almost every investor knows Warren Buffet’s famous advice, “Be fearful when others are greedy and greedy when others are fearful.” Now is the perfect time to get greedy with INTC.
- [Top Stock Picks: 2013 in Review](https://www.newconstructs.com/made-clients-money-2013/) - ll too often we find significant data hidden in the footnotes that changes the valuation model for a company. Our more complete models help investors identify the stocks that are significantly undervalued.
- [AutoZone: The Best Bet In Automotive Retail](https://www.newconstructs.com/autozone-best-bet-automotive-retail/) - We closed this Long Idea on January 16, 2015. See the associated position close report here. Feature Photo Credit: Carl Wycoff
- [Amdocs Offers Great Value](https://www.newconstructs.com/amdocs-offers-great-value/) - Strong growth opportunities combined with a cheap valuation make DOX one of our Most Attractive Stocks.
- [Aspen Board Right To Turn Down Endurance’s Offer](https://www.newconstructs.com/aspen-board-right-turn-endurances-offer/) - AHL is a solid, cheap stock in a good industry. It is worth more than what ENH is offering to pay. Existing shareholders should be glad that the board turned down ENH’s lowball offer as the stock still has significant upside from here.
- [Buy Aflac: A Quality Stock With Potential Catalysts](https://www.newconstructs.com/buy-aflac-quality-stock-potential-catalysts/) - Whenever an industry leader trades at a cheap valuation it should draw the attention of investors, and that’s exactly the situation we see with Aflac
- [Ford (F) is Hitting on All Cylinders](https://www.newconstructs.com/ford-f-hitting-cylinders/) - As long as Ford’s strong profit growth and market share gains continue, this stock has a lot of upside.
- [Buy Deere and Watch it Run](https://www.newconstructs.com/buy-deere-watch-run/) - If you bought CAT when we recommended it last April, you’ve earned a 25% return and outperformed the market. DE today presents many of the same opportunities that CAT did last April.
- [PetSmart: Your Portfolio's Best Friend (PETM)](https://www.newconstructs.com/petsmart-portfolios-best-friend-petm/) - PETM missed on revenue in 1Q14, and lowered its sales forecasts for FY14, and as a result, the stock fell nearly 8%. However, the specialty retailer has a strong history of profit growth and is now trading at its lowest valuation in years.
- [An ETF Pair Trade for the Health Care Sector: XLV vs. PTH](https://www.newconstructs.com/etf-pair-trade-health-care-sector-xlv-vs-pth/) - A good way to navigate a Dangerous-rated sector such as Health Care is through the use of an ETF pair trade (i.e. long/short strategy). This ETF pair trade can be used to capitalize upon the volatility of the Health Care sector for both upside or downside.
- [Recovering PC Market Makes Intel Still A Buy](https://www.newconstructs.com/recovering-pc-market-makes-intel-still-buy/) - INTC is still a good stock for a value investor, but it’s not as great as it was eight months ago.
- [Investing in the Kitchen](https://www.newconstructs.com/investing-kitchen/) - Figure 1 compares 10 companies that make common kitchen products on the basis of return on invested capital (ROIC) and price to economic book value (PEBV).
- [A Private Takeover Would Be Good For PetSmart](https://www.newconstructs.com/private-takeover-good-petsmart/) - A privately held PetSmart could create more value than the present version of the company.
- [Update: Intel Earnings](https://www.newconstructs.com/update-intel-earnings/) - In my most recent article, I said that modest growth over the next 15 years makes Intel worth ~$41 share today, and this earnings report strengthens my belief in that fair value estimate.
- [Long Idea 7/29/14](https://www.newconstructs.com/long-idea-72914/) - This week's long idea trades at a steep discount to it industry peers despite offering comparable growth and profitability.
- [What’s More Profitable: Death or Taxes?](https://www.newconstructs.com/whats-profitable-death-taxes/) - “In this world nothing can be said to be certain, except death and taxes.” –Benjamin Franklin
- [Closing Out My Dunkin Donuts Position](https://www.newconstructs.com/closing-dunkin-donuts-position/) - I’ve decided to close out my Dunkin Donuts (DNKN) short recommendation for a 14% gain in four months.
- [Zillow’s Offer For Trulia Is A Hail Mary](https://www.newconstructs.com/zillows-offer-trulia-hail-mary/) - Analysts have overstated the positives and significantly understated the risks from this acquisition.
- [The Long Overdue Crash in Whole Foods](https://www.newconstructs.com/long-overdue-crash-whole-foods/) - Chasing highflying stocks might lead to short-term profits, but it carries the risk of long-term pain.
- [Do Microsoft Bulls Have A Convincing Case?](https://www.newconstructs.com/microsoft-bulls-convincing-case/) - MSFT currently earns our Neutral rating, but if new CEO Satya Nadella can halt the company’s declining return on invested capital (ROIC), the stock’s valuation is cheap enough to make it intriguing.
- [Closing Out Our PetSmart Long Call](https://www.newconstructs.com/closing-petsmart-long-call/) - Jana Partners filed a document with the SEC on Monday claiming to have received anonymous information that PetSmart (PETM) has been attempting to hide poor results from investors.
- [Big Value Opportunity In Liberty Tax](https://www.newconstructs.com/big-value-opportunity-liberty-tax/) - Liberty Tax (TAX: $34/share) has carved out a successful niche as the discount option for tax return preparation. Despite its significantly smaller scale and brand awareness compared to competitors such as H&R Block (HRB) and Intuit (INTU), TAX still earns a comparable return on invested capital (ROIC). The beauty here is that the market values TAX at a considerable discount to HRB and INTU.
- [Buy Stryker (SYK): When a 12% Return is Not Enough](https://www.newconstructs.com/buy-stryker-syk-12-return-enough/) - Stryker is a rarity in the current market: a strong business with a stock that is still attractively valued.
- [Strike While the Iron is Hot: Stryker (SYK)](https://www.newconstructs.com/strike-iron-hot-stryker-syk/) - Stryker (SYK) is a rarity in the current market: a strong business with a stock that is still attractively valued.
- [Why It Was Easy to Predict Allstate’s Earnings Beat](https://www.newconstructs.com/easy-predict-allstates-earnings-beat/) - How to find good companies before it becomes obvious. Photo credit: Mike Mozart (Flickr)
- [Stock Pick of the Week: Johnson & Johnson (JNJ)](https://www.newconstructs.com/stock-pick-of-the-week-johnson-and-johnson-jnj/) - Earlier this week, Johnson & Johnson announced that it was capitalizing on global growth opportunities by expanding into one of the world’s largest market for pharmaceuticals. We’ll discuss why now is the perfect time to invest in Johnson & Johnson.
- [Stock Pick of the Week: The Travelers Companies (TRV)](https://www.newconstructs.com/stock-pick-of-the-week-the-travelers-companies-trv/)
- [Stock Pick of the Week: Cisco Systems (CSCO)](https://www.newconstructs.com/stock-pick-week-cisco-systems-csco/) - Cisco’s stock price has been an excellent performer this year and is up 23% to date. However, this price increase doesn’t even begin to properly value the company.
- [Free Stock Pick of the Week: Ford Motor Company (F)](https://www.newconstructs.com/free-stock-pick-week-ford-motor-company-f/) - Ford Motor Company is our pick of the week. Ford’s stock price has increased nearly 13% since our last Most Attractive update. Continue reading how it happened.
- [Stock Pick of the Week: Discover Financial Services (DFS)](https://www.newconstructs.com/stock-pick-discover-financial-services-dfs/) - First issued by Sears in 1985, the Discover Card has quietly risen to become one of the most popular credit cards in the United States, with over 50 million cards in circulation. Discover Financial is now a fully-fledged financial services company, offering banking and loan services in addition to its credit cards.
- [Free Stock Pick: OFG Bancorp (OFG)](https://www.newconstructs.com/quick-stock-pick-week-ofg-bancorp/) - OFG Bancorp is our pick of the week. Since releasing the Most Attractive Stocks list for December, OFG’s stock price has increased nearly 8%.
- [Stock Pick of the Week: Amdocs (DOX)](https://www.newconstructs.com/stock-pick-week-amdocs-dox/) - Amdocs (DOX) is not the kind of software company that finds itself in the headlines. Instead of explosive revenue growth and founders fresh out of the dorm room, Amdocs offers investors an extremely well run business with an enviable market position.
- [Hot Stock Commentary: Aflac (AFL)](https://www.newconstructs.com/hot-stock-commentary-aflac-afl/) - Aflac (AFL) is our hot stock of the week and earns my Attractive rating.
- [Stock Pick of the Week: Qualcomm (QCOM)](https://www.newconstructs.com/stock-pick-week-qualcomm-qcom/) - The wireless and mobile market is one of the fastest growing markets in the entire world. From cell phone access, 4G connectivity, or even data usage, all signs point to this market being adopted and developed worldwide. Wouldn’t you like to be able to get in on this growing market? The best way to do so is through exposure to our stock pick of the week, Qualcomm (QCOM).
- [Hot Stock Commentary: Oracle Corporation (ORCL)](https://www.newconstructs.com/hot-stock-commentary-oracle-corporation-orcl/) - Oracle Corporation (ORCL) is our hot stock this week and earns an Attractive rating.
- [Stock Pick of the Week: The Chubb Corporation (CB)](https://www.newconstructs.com/stock-pick-week-chubb-corp-cb/) - This week’ stock pick comes from an industry we’ve long been fans of: insurance. Insurance can not only be purchased on almost any item of value, but it also provides great value to consumers in the event of an unexpected disaster.
- [Hot Stock Commentary: EMC Corporation (EMC)](https://www.newconstructs.com/hot-stock-commentary-emc-corporation-emc/) - EMC Corporation (EMC) is our hot stock of the week and earns an Attractive rating.
- [Stock Pick of the Week: Strattec Security (STRT)](https://www.newconstructs.com/stock-pick-week-strattec-security-strt/) - Our stock pick this week is one that many investors have probably never heard of, but whose products they use daily without even realizing it. Buying into a company that provides a key product to one of the biggest industries in the world can be a boon for your portfolio.
- [Top Stock Picks: 2014 In Review](https://www.newconstructs.com/top-picks-2014-review/) - If you’re investing in stocks, identifying those that are set to take off is key to outperforming the market. Unfortunately, identifying stocks that are about to take off is extremely difficult.
- [Hot Stock Commentary: MidWest One Financial Group (MOFG)](https://www.newconstructs.com/hot-stock-commentary-midwest-one-financial-group-mofg/) - MidWest One, a smaller regional banking institution, had its ups and downs during 2014. The stock ended the year up only 3%, but was up 23% from its October lows. For many reasons, we feel MidWest One could be poised for a strong 2015.
- [Stock Pick of the Week: Symantec Corporation (SYMC)](https://www.newconstructs.com/stock-pick-week-symantec-corporation-symc/) - Our stock pick this week is one that has great potential in 2015 and beyond, as online security becomes a bigger issue in light of the most recent hacking attacks.
- [Hot Stock Commentary: Brocade Communications (BRCD)](https://www.newconstructs.com/hot-stock-commentary-brocade-communication-brcd/) - Brocade Communication Systems (BRCD) is our hot stock of the week and earns an Attractive rating. Brocade, a provider of storage area networking and Internet protocol networking solutions, had a very impressive 2014.
- [No Limits on Upside with this Credit Card Provider](https://www.newconstructs.com/limits-upside-credit-card-provider/) - Credit card usage has slowly been increasing since 2011 and with more than a few credit card providers to choose from, including another favorite of ours, Discover Financial, it is important to pick from the best. Our pick this week is American Express (AXP).
- [Add a New Toy to Your Portfolio: Hot Stock Commentary](https://www.newconstructs.com/hot-stock-commentary-hasbro/) - Hasbro (HAS) is probably best known as the maker of popular toys such as Play-Doh, Nerf, and Monopoly. However, resurgence in its other brands makes it our hot stock of the week.
- [Can Your Portfolio Benefit from International Banking?](https://www.newconstructs.com/portfolio-benefit-international-bank/) - Our stock pick this week is one from south of the equator, in Peru. There are times when a company’s stock price gets ahead of the economics of the business, resulting in a situation when that stock becomes overvalued.
- [This Stock is a Sure Pick in the Wild Biotech Sector](https://www.newconstructs.com/stock-sure-pick-wild-biotech-sector/) - This week's hot stock belongs to an industry that we usually like to avoid: The always-volatile biotechnology sector.
- [Earnings Season Creates Investment Opportunities](https://www.newconstructs.com/earnings-seasons-creates-investment-opportunities/) - Our stock pick this week provides products you probably use daily. Many traders and speculators focus on daily trading volume or even momentum points to buy and sell a stock. When a company’s earnings “disappoint,” these traders tend to overreact, dumping their shares and causing the stock price to drop.
- [This High-Growth Asset Manager Won't Be Cheap for Long](https://www.newconstructs.com/high-growth-cheap-long/) - This week's hot stock is trading at a rare historical discount.
- [Should You Place an Egg in This Basket?](https://www.newconstructs.com/place-egg-basket/) - Our stock pick this week produces possibly one of the most inelastic goods in history. A company that provides a product that is always in demand is often a great investment, but it can be an even better investment when the demand for the product is actually growing
- [A Turnaround Years in the Making](https://www.newconstructs.com/turnaround-years-making/) - This week’s hot stock has almost been written off by many market pundits. As commonly happens, media coverage tends to overreact to bad news, and those reactions can begin to drown out any positive news.
- [An Unglamorous Industry Creates a Profitable Company](https://www.newconstructs.com/unglamorous-industry-creates-profitable-company/) - Our stock pick this week comes from an unglamorous industry, but one that can produce attractive profits. Services that make lives easier and that people begin to take for granted — insurance, for example — can often be extremely profitable while fly under the radar.
- [An American Icon Awakens](https://www.newconstructs.com/american-icon-awakens/) - This week’s hot stock was once a staple of the American economy. That was before tough times befell the company during the economic collapse in 2008.
- [This Stock Has One of the Highest ROICs in Our Coverage Universe](https://www.newconstructs.com/stock-one-highest-roics/) - This week's stock pick of the week has one of the highest returns on invested capital (ROIC) in our model, and its recent guidance update and cheap valuation indicates that now might be the perfect entry point.
- [When Strong Fundamentals Matter More Than Commodity Prices](https://www.newconstructs.com/strong-fundamentals-matter-commodity-prices/) - All too often, we see investors fixated on commodity prices when looking at Materials sector stocks. While commodity prices may impact businesses’ profits and stock price in the short term, investors can count on strong fundamentals to increase the value of Materials businesses over the long term.
- [Why Now is the Time to Pick Up This 117-Year-Old Company](https://www.newconstructs.com/why-now-is-the-time/) - The best stock picks in today’s market are becoming increasingly rare: large, high-quality companies with great growth potential that are also cheap. As we’ve started to incorporate this year’s batch of annual reports into our models, we’ve managed to find one such stock.
- [Food That's Good for You and A Stock That's Good For Your Portfolio](https://www.newconstructs.com/food-thats-good-john-b-sanfilippo/) - This week’s hot stock had an outstanding 2014 and was up 53% over the course of the year, but is undervalued even at its new, higher price. As a main producer of one of the most popular snack and health foods in the country, this company has plenty of room to grow.
- [Renting Your Way to Growth with This Company](https://www.newconstructs.com/renting-way-growth-stock/) - The best stock picks have to meet certain criteria. The company must have strong fundamentals like rising profits and return on invested capital (ROIC). The company must also have a catalyst to continue growing.
- [Profit From Unwarranted Oil Price Fears With This Stock](https://www.newconstructs.com/hot-stock-31015-cbi/) - After a very bad 2014 for this stock — which fell over 44% — the company’s annual report has revealed that this price movement was an overreaction and that the company had a great year financially.
- [After Looking at its 10-K, We Think This Insurance Stock is Cheap](https://www.newconstructs.com/after-looking-at-its-10-k/) - At the beginning of 2015, we let our subscribers know about Cigna (CI), one of our favorite stocks for 2015. This call has proven to be a good one, as CI is up 21% so far this year. We see many of the same characteristics in this week's stock pick of the week.
- [Get This Tech Veteran's Stock at a Discount](https://www.newconstructs.com/get-tech-veterans-stock-discount/) - This company specializes in IT management software to help manage mainframe, cloud, and mobile environments. At its current price, this company is attractive even if it fails to grow, and it makes our Most Attractive stocks list for March.
- [A Hidden Gem in the Insurance Industry](https://www.newconstructs.com/hidden-gem-insurance-industry/) - In some industries profits can be hit or miss from year to year, but efficiently operating in the insurance industry can create a profit machine year in and year out.
- [Give This Sporting Goods Stock Some Play in Your Portfolio](https://www.newconstructs.com/give-sporting-goods-stock-play-portfolio/) - This week’s hot stock was a new addition to our Most Attractive Stocks List in March and earns our Very Attractive rating. This company has strong fundamentals and its stock is attractively valued.
- [Rising Rates: Run for the Hills?](https://www.newconstructs.com/rising-rates-run-hills/) - The real estate investment trust (REIT) segment of the Financials sector is often cited as troublesome, and even more so with the impending rise of interest rates. But not all companies are exposed to this risk.
- [The Decline of Oil Leaves a Silver Lining](https://www.newconstructs.com/silver-lining-oils-decline/) - This week’s hot stock operates in the volatile oil and gas industry. As you might expect, its stock price has been beaten down over the past six months by the decline in activity in the industry.
- [Finding Opportunity Behind the Scenes](https://www.newconstructs.com/finding-opportunity-behind-scenes/) - This week we’re highlighting a company that operates behind the scenes but provides services paramount to the success of global telecom companies.
- [Can Oil Stay This Low Forever?](https://www.newconstructs.com/can-oil-stay-low-forever/) - This week’s Hot Stock is a leading worldwide provider of equipment to the energy industry. Energy stocks as a whole have been hit hard with the decline in energy prices, and NOV is no exception with the stock down 25% over the past year.
- [No Need to Play Chicken With This Stock](https://www.newconstructs.com/need-play-chicken-stock/) - This company’s products can be seen in grocery stores, restaurants, and fast food eateries. The company is vertically integrated across the entire production process, from production to marketing to distribution, giving it tight controls on safety and quality. Today we're talking about chicken.
- [Blending Industrial Goods with Technology](https://www.newconstructs.com/blending-industrial-goods-technology/) - This week’s Hot Stock is an industrial technology company. Industrial companies are not often operating on the cutting edge; rather, they normally provide goods, equipment, or services used in construction and manufacturing.
- [Hitch Your Ride to This Stock](https://www.newconstructs.com/hitch-ride-stock/) - With over 1 million club members, these enthusiasts are a part of the largest company-sponsored riding club in the world. What motorcycle manufacturer can possibly garner such support and admiration?
- [No Replacements Needed, This Stock is a Winner](https://www.newconstructs.com/replacements-needed-stock-winner/) - This week's Hot Stock, AutoZone (AZO), a distributor and retailer of automotive replacement parts and accessories has long been a favorite stock of ours.
- [Add This Worldwide Producer to Your Portfolio](https://www.newconstructs.com/add-worldwide-producer-portfolio/) - If you ever pause to think about all the components being used by your car, it can be quite astonishing. Identifying these components, however, could lead you to a great investing opportunity.
- [This Longtime American Retailer Deserves Your Attention](https://www.newconstructs.com/american-retailer-deserves-attention/) - Some believe the best implementation of ecommerce solutions will ultimately win the retail battle. Others believe online stores, such as Amazon, have simply accelerated the inevitable extinction of the brick and mortar store. However, this week we’re taking a look into a brick and mortar company that also has a strong online presence and shows signs of improvement.
- [Can Bananas Help Strengthen a Portfolio?](https://www.newconstructs.com/bananas-strengthen-portfolio/) - Sometimes, a reaction to a company’s earnings creates an opportunity too good to resist. This week’s stock pick of the week produces goods that are in generally constant demand. Despite some one-time issues with the company’s procurement costs last quarter, this company has delivered excellent profit growth and consistent free cash flow for its shareholders over the past several years.
- [A Quality Stock in a Frothy Market](https://www.newconstructs.com/quality-stock-frothy-market/) - It feels as if the longer interest rates remain depressed, the crazier company valuations become. As investors scramble to find returns in this stretched market, some are turning to IPOs, private equity, and other risky, often speculative investments. This makes finding quality stocks even harder.
- [Run Your Way to Victory With This Retail Stock](https://www.newconstructs.com/run-way-victory-retail-stock/) - While it’s true that retail businesses have had a rough time of late, certain businesses in growing markets are still thriving. This is exactly the case with this week’s Stock Pick of the Week.
- [An Aluminum Fabricator Straight Off May's Most Attractive List](https://www.newconstructs.com/aluminum-fabricator-straight-mays-attractive-list/) - One of the new additions to our Most Attractive stocks list is Kaiser Aluminum (KALU), a fabricator that produces specialty aluminum products.
- [An Insurance Company Built for Profit Growth](https://www.newconstructs.com/insurance-company-built-profit-growth/) - When markets get expensive, investors should focus at least a portion of their portfolios on companies with stable business operations like insurance companies.
- [Secure Your Portfolio with a Leader in Cyber Security](https://www.newconstructs.com/secure-portfolio-leader-cyber-security/) - Companies are investing record amounts to protect themselves from system breaches. Investors can profit from this trend by investing in a global leader in cyber security.
- [Get This Cash Cow at a Discount](https://www.newconstructs.com/get-cash-cow-discount/) - Strong business fundamentals and low valuations are key ingredients in the overall evaluation of investments. This week’s stock pick of the week brings high profitability and a compelling valuation to the table.
- [A Lifestyle Brand Worth Buying In To](https://www.newconstructs.com/lifestyle-brand-worth-buying/) - To warrant investment, a company needs a great product, and its stock price should be cheap. With a growing brand and undue negative market sentiment regarding its future, this week’s stock pick of the week meets both criteria.
- [Build Your Portfolio With This Turnaround Story](https://www.newconstructs.com/build-portfolio-turnaround-story/) - Retail turnaround stories are very appealing given the right conditions. This American icon has created a captivating and recognizable brand and recently shown promising signs of successful turnaround.
- [The Market Has Written Off This Highly Profitable Business](https://www.newconstructs.com/market-written-highly-profitable-business/) - This company, which mainly operates through its DVD segment, has built a unique business model that primarily serves the off-line video market and has a remarkably profitable business, strong potential for profit growth, and a significant undervaluation.
- [A Quality Business in a Profitable Industry](https://www.newconstructs.com/quality-business-profitable-industry/) - We’ve long held the insurance industry in high regards due to its inclination toward consistent profit growth. Nonetheless, it is still up to the merits of individual companies to carve out their own place within the insurance realm.
- [Don't Be Chicken When Buying Into This Business](https://www.newconstructs.com/dont-chicken-buying-business/) - Investors are pessimistic about this pure play poultry producer while failing to recognize how its business has survived, and grown, through numerous cycles.
- [A Retail Giant Positioning for Future Profit Growth](https://www.newconstructs.com/retail-giant-positioned-success/) - Retailers have been under attack in recent years but not by the online competitors that may first come to mind. Instead, retailers have been under attack from Wall Street analysts who can’t wait to bury the next traditional retail business.
- [Survive the Market Storm With This Telecom Stock](https://www.newconstructs.com/telecom-leader-taking-advantage-biggest-opportunity-industry/) - Telecom and wireless operators are often cited as following the same path as traditional television providers, e.g. Comcast (CMCSA) and Time Warner Cable (TWC), which many believe are being replaced by newer, streaming providers like Netflix (NFLX), Amazon (AMZN), or Google’s (GOOGL) YouTube. This negative view has created an investing opportunity in one of the best companies the telecom industry has to offer.
- [Now Is The Time To Invest In This American Business](https://www.newconstructs.com/re-emergence-american-icon/) - This week, we’ve found a company the market loves to hate in spite of its excellent operating results. With strong profit growth, prudent management decisions for future growth, and a greatly undervalued stock price, this week’s Long Idea is:
- [Long Idea: NVIDIA Corporation (NVDA)](https://www.newconstructs.com/long-idea-nvidia-corporation-nvda/) - Operating in a highly competitive market can put a harsh spotlight on particular companies. Sometimes this spotlight is warranted; sometimes it is not. This week we’re recognizing a leader in the PC market and a company that has ample growth opportunities. These opportunities appear to be unrecognized by the market, and we see significant upside for the stock.
- [Long Idea: Qualcomm (QCOM)](https://www.newconstructs.com/long-idea-qualcomm-qcom/) - Much like our recent Long Idea on General Motors (GM), this week’s long idea is a company that has excellent fundamentals but poor technicals. Long-term investors should be licking their chops as this stock offers a 9% yield (dividend plus share buybacks) in addition to meaningful capital appreciation potential. This week’s Long Idea is Qualcomm Inc.
- [5 Safe Stocks In A Dangerous Market](https://www.newconstructs.com/5-safe-stocks-dangerous-market/) - Five of our long calls over the past year stand out for their impressive returns and continued stability. Investors should take another look at these five stocks that are up 10% or more since our original calls and still earn an Attractive-or-better rating.
- [Buy The Dip: Wal-Mart Stores (WMT)](https://www.newconstructs.com/buy-dip-wal-mart-stores-wmt/) - In late August, we wrote that Wal-Mart shares were a bargain and today’s overreaction to management’s guidance presents an even better buying opportunity.
- [Long Idea: Wells Fargo & Company (WFC)](https://www.newconstructs.com/long-idea-wells-fargo-company-wfc/) - In the search for safe investments in today’s volatile markets, investors should focus on companies that have a history of creating shareholder value, the ability to earn quality returns on capital, and an undervalued stock. This week’s Long Idea, Wells Fargo & Company (WFC) not only fits the description of a safe investment, but its shares are also greatly undervalued.
- [Long Idea: Eaton Corporation (ETN)](https://www.newconstructs.com/long-idea-eaton-corporation-etn/) - With a long history of profit growth, overly pessimistic expectations baked into the stock, and a 6% (dividend plus share buybacks) yield, this week’s Long Idea is Eaton Corporation (ETN).
- [Long Idea: Brocade Communications Systems (BRCD)](https://www.newconstructs.com/long-idea-brocade-communications-systems-brcd/) - This week’s Long Idea not only pays a quality dividend, but when combined with aggressive share repurchases, provides investors a yield over 9%. Best of all, it is anything but a trap. With consistent profit growth, strong free cash flow, and the opportunity for share price appreciation, Brocade Communications Systems (BRCD) is this week’s Long Idea.
- [New Stocks on Most Attractive and Most Dangerous Lists: November 2015](https://www.newconstructs.com/new-stocks-attractive-dangerous-lists-november-2015/) - Our Most Attractive Stocks (5.9%) slightly outperformed the S&P 500 (5.9%) last month. Our Most Dangerous Stocks (3.6%) rose less than the S&P 500 (5.9%) and outperformed as a short portfolio last month.
- [Long Idea: Allegiant Travel Company (ALGT)](https://www.newconstructs.com/long-idea-allegiant-travel-company-algt/) - Photo Credit:InSapphoWeTrust (Flickr)
- [High ROIC Stocks Outperformed in 2008](https://www.newconstructs.com/high-roic-stocks-outperformed-2008/) - What do these companies have in common? They are the only surviving S&P 500 stocks to rise 10% or more in 2008. In the midst of a collapsing market and the subsequent damage, these seven stocks made good money for investors.
- [The Market Values High ROIC Companies](https://www.newconstructs.com/market-values-high-roic-companies/) - Last month, Fortune released its list of the top 50 businesspeople of the year. The recognition these CEO’s are receiving shows that the market cares about ROIC, even if many investors aren’t explicitly talking about it.
- [10 Stocks To Get You Through A Bear Market](https://www.newconstructs.com/10-stocks-get-bear-market/) - We’ve put together a list of ten stocks that could continue to earn strong returns even if the market turns bearish. These stocks have three things in common
- [Don't Get Snowed In By These Blizzard Stocks](https://www.newconstructs.com/dont-get-snowed-blizzard-stocks/) - Beyond the absurdity of basing investment decisions on a temporary weather event, these recommendations can be harmful to investors because they involve some stocks with very shaky fundamentals at a time when market volatility makes investing in strong businesses all the more important.
- [Stocks To Hold Through A Bear Market](https://www.newconstructs.com/stocks-hold-bear-market/) - It’s time to look beyond technical price movements, earnings estimates, or analyst opinions. The reconciliation between cash flows and valuations has arrived. The market is beginning to distinguish between those companies that earn a quality ROIC and those that do not.
- [Long Idea: Skechers (SKX)](https://www.newconstructs.com/long-idea-skechers-usa-skx/) - Investors should be excited about a new addition to our Most Attractive Stocks list: Skechers (SKX). This stock offers a unique combination of growth potential, strong profitability, and a valuation with low market expectations.
- [Long Idea: Sally Beauty Holdings (SBH)](https://www.newconstructs.com/long-idea-sally-beauty-holdings-sbh/) - Sally Beauty operates in an industry that tends to be recession-proof. What’s more, its cheap valuation and recent changes to executive compensation position the stock to outperform in the long term.
- [Long Idea: Nuveen Concentrated Core Fund (NCAFX)](https://www.newconstructs.com/long-idea-nuveen-concentrated-core-fund-ncafx/) - This week’s Long Idea, Nuveen Concentrated Core Fund (NCAFX) justifies its fees through significantly better stock selection. In fact, NCAFX allocates heavily to stocks on June’s Most Attractive Stocks list.
- [Long Idea: Thor Industries (THO)](https://www.newconstructs.com/long-idea-thor-industries-tho/) - This week’s Long Idea, Thor Industries (THO), has expanded through quality acquisitions, yet remains undervalued by the market at large. With a history of profit growth and beneficial trends in the recreational vehicle industry, Thor Industries makes an excellent addition to one’s portfolio.
- [Long Idea: Southwest Airlines (LUV)](https://www.newconstructs.com/long-idea-southwest-airlines-luv/) - With a long history of industry-leading profits, improving ROIC, and an attractive valuation, Southwest Airlines (LUV) is on July’s Most Attractive Stocks list and is this week’s Long Idea.
- [Long Idea: Lear Corp (LEA)](https://www.newconstructs.com/long-idea-lear-corp-lea/) - Impressive profit growth and a valuation well below peers helped land Lear Corp on July’s Most Attractive Stocks list. Even better, aligning executive compensation with return on invested capital earns the stock a spot on July’s Linking Exec Comp to ROIC Model Portfolio.
- [LUV Earnings: Market Overreaction Creates Buying Opportunity](https://www.newconstructs.com/luv-earnings-market-overreaction-creates-buying-opportunity/) - After announcing 2Q16 earnings, LUV fell nearly 12%, as investors seemed to care more about Southwest’s ability to hit analyst expectations, which have inherent flaws, and less about the company’s record profits.
- [Skechers Update: Don’t Overreact To One Quarter](https://www.newconstructs.com/skechers-update-dont-overreact-one-quarter/) - Shares of Skechers (SKX) plummeted over 20% last week. We think the markets are overreacting to a limited data set. Not only do quarterly results tend to be volatile, one three-month reporting period is rarely enough to establish a clear trend.
- [Long Idea: Ply Gem Holdings (PGEM)](https://www.newconstructs.com/long-idea-ply-gem-holdings-pgem/) - With strong profit growth, an impressive return on invested capital (ROIC), and an undervalued stock, Ply Gem Holdings (PGEM) is this week’s Long Idea.
- [Long Idea: Williams-Sonoma (WSM)](https://www.newconstructs.com/long-idea-williams-sonoma-wsm/) - With a strong and growing e-commerce presence, history of profit growth, and an undervalued share price, Williams-Sonoma (WSM) is this week’s Long Idea.
- [Long Idea: Amerisafe (AMSF)](https://www.newconstructs.com/long-idea-amerisafe-amsf/) - Impressive profit growth, prudent underwriting, and an undervalued share price have earned Amerisafe (AMSF: $61/share) a spot on September’s Most Attractive Stocks list and make it this week’s Long Idea.
- [Long Idea Update: Thor Industries (THO)](https://www.newconstructs.com/long-idea-update-thor-industries-tho/) - Long Idea, Thor Industries (THO), up 30% since publish date, has been downgraded from Attractive to Neutral.
- [Long Idea: National Research Corp (NRCIB)](https://www.newconstructs.com/long-idea-national-research-corp-nrcib/) - This week’s long idea flips the script. Not only does this company provide significant insights into the healthcare service industry, it has done so profitability for over a decade.
- [Long Idea: Royce Special Equity Fund](https://www.newconstructs.com/long-idea-royce-special-equity-fund/) - Despite Small Cap Value receiving a Dangerous rating in our 4Q16 Investment Style Ratings, and containing many Dangerous-or-worse rated funds, there is one fund in particular that breaks the mold and is worthy of a second look.
- [Long Idea: Don't Throw The Baby Out With the Bathwater](https://www.newconstructs.com/long-idea-gentex-corporation-gntx/) - With a track record of profit growth, and a cheap valuation, this week’s Long Idea is also new to December’s Most Attractive Stocks Model Portfolio.
- [Stock Faceoff: Giants of Retail](https://www.newconstructs.com/stock-faceoff-giants-of-retail/) - On the back of a strong holiday season, retailers are back in the spotlight. To start out the new year, we want to take the time to circle back to two of our previous long ideas on some of the giants in the retail industry.
- [Top Stocks & Model Portfolios From 2016](https://www.newconstructs.com/top-stocks-model-portfolios-from-2016/) - Our Long Idea reports aim to identify those firms that the market has overlooked and that when analyzed beyond standard metrics, are significantly undervalued. In addition to individual Long Ideas, we provide Model Portfolios that provide well-screened lists of companies based on specific criteria
- [This Media Giant Should Continue Its Dominance in 2017](https://www.newconstructs.com/this-media-giant-should-continue-its-dominance-in-2017/) - Warren Buffet’s advice to “be fearful when others are greedy, and be greedy when others are fearful,” presents an interesting conundrum
- [This Industrials Mutual Fund Earns Its Fees](https://www.newconstructs.com/this-mutual-fund-earns-its-fees/) - In eight of past nine quarters, the Industrials sector has ranked within the top three in our Sector Rankings for ETFs and Mutual Funds. Within the sector, we have identified a particularly attractive fund that traditional fund research overlooks.
- [Popular Restaurant Chain With Significant Upside Potential](https://www.newconstructs.com/popular-restaurant-chain-with-significant-upside-potential/) - Despite slowing traffic across the industry, one firm is consistently improving profitability and creating shareholder value. Because the company aligns executive compensation with ROIC, we believe this firm can continue to outperform.
- [Undervalued Retailer With Nearly 7% Yield](https://www.newconstructs.com/undervalued-retailing-gem-with-nearly-7-yield/) - A downtrodden industry often contains hidden gems that can only be found through real due diligence. This market leader is consistently improving profitability and creating shareholder value and we believe the firm can continue to outperform.
- [The Market Undervalues This Firm's Cash Flows](https://www.newconstructs.com/consumer-goods-provider-undervalued-by-the-market/) - This firm has effectively taken market share from competition while improving its profitability. Add a shareholder-friendly executive compensation plan, and we believe the firm will continue to outperform.
- [Industrials Stock With High Quality Risk/Reward](https://www.newconstructs.com/industrials-stock-with-high-quality-riskreward/) - Despite improving profits, margins, and ROIC, the market recently punished this stock for “missing expectations.” Add in improving market conditions and prudent cost management to this backdrop of lowered expectations, and we believe the stock is positioned to outperform moving forward.
- [Undervalued Parts Manufacturer With A 7% Yield](https://www.newconstructs.com/undervalued-parts-manufacturer-with-a-7-yield/) - With rising profits, an executive compensation plan aligned with creating shareholder value, and regulatory tailwinds, this stock could be the next hidden gem.
- [Undervalued Industry Leader with a 5% Yield](https://www.newconstructs.com/undervalued-industry-leader-with-a-5-yield/) - Given the company’s industry leading position, solid fundamentals and attractive stock valuation, we view it as a preferable alternative to traditional competitors in its industry.
- [Consumer Goods Firm With Quality Risk/Reward](https://www.newconstructs.com/consumer-goods-firm-with-quality-riskreward/) - With growing profitability, expansion into high margin segments, and a valuation implying permanent profit decline, this stock could significantly outperform moving forward.
- [Undervalued R&D Leader with a 6% Yield](https://www.newconstructs.com/undervalued-drug-rd-leader-with-a-6-yield/) - Among public companies in this industry, this one earns our Very Attractive rating and leads the group in return on invested capital (ROIC), the key driver of shareholder value.
- [Position Update: Long Idea and Danger Zone Research](https://www.newconstructs.com/position-update-long-idea-and-danger-zone-research/) - We provide a synopsis on the current state of all Long Idea and Danger Zone research published to date.
- [Profit From The Aging Population of Cars](https://www.newconstructs.com/profit-from-the-aging-population-of-cars/) - This firm’s reported earnings understate its true profitability, and future profit growth expectations embedded in the stock price look overly pessimistic.
- [One Of the Best Plays In Today’s Stock Market](https://www.newconstructs.com/one-of-the-best-plays-in-todays-stock-market/) - With improving profitability, strong industry growth, and an undervalued share price, this stock could outperform moving forward.
- [An Oasis in the Desert of Small Cap Funds](https://www.newconstructs.com/an-oasis-in-the-desert-of-small-cap-funds/) - Our Robo-Analyst technology has identified a particularly attractive mutual fund that traditional, backward-looking fund research overlooks.
- [An Undervalued Stock That's Ready for Take-Off](https://www.newconstructs.com/an-undervalued-stock-thats-ready-for-take-off/) - This under appreciated industrials company is benefiting from internal profitability initiatives and external growth drivers, while low profit expectations embedded in the stock price make for an attractive risk/reward scenario.
- [Position Close Update: MDLZ, PRGO, ORCL & VZ](https://www.newconstructs.com/position-close-update-mdlz-prgo-orcl-vz/) - Our Long Idea and Danger Zone research reports are part of an ongoing effort to identify hidden gems in the market and help clients avoid portfolio blowups. In this Position Update report, we are closing out two Long Ideas and two Danger Zone picks previously published on the Research Blog.
- [5 Unappreciated Stocks With High ROICs](https://www.newconstructs.com/5-unappreciated-stocks-with-high-roics/) - In order to find value, it’s time to get back to the basics of reading footnotes and focusing on economic earnings and return on invested capital (ROIC), the true drivers of valuation.
- [Look to the Sky for Industrials Sector Value](https://www.newconstructs.com/look-sky-industrials-sector-value/) - Our Robo-Analyst technology drills down to the stock level of all 7,000+ ETFs and mutual funds under coverage. In the process, we uncovered an attractive ETF that traditional, backward-looking fund research overlooks.
- [An Industry Leader In A Rapidly Growing Market](https://www.newconstructs.com/an-industry-leader-in-a-rapidly-growing-market/) - We previously highlighted the semiconductor equipment sector as a “pick and shovel” play to benefit from trends such as artificial intelligence, autonomous driving, and the Internet of Things. Today we are digging deeper into one of those stocks.
- [Fatten Your Nest Egg with Sanderson Farms](https://www.newconstructs.com/fatten-nest-egg-sanderson-farms/) - The stock's of chicken producers have been on a tear this year. We selected Sanderson Farms (SAFM) and Pilgrim's Pride (PPC) as Long Ideas in mid-2015, but we are honing in our focus on SAFM as the best way to play growing chicken demand.
- [Solar Stock Face Off for The Solar Eclipse](https://www.newconstructs.com/solar-stock-faceoff-for-the-solar-eclipse/) - With investors’ eyes turned towards the sun today, which of these solar stocks is the best bet to make your portfolio shine?
- [Position Update: Tenneco Inc. (TEN)](https://www.newconstructs.com/position-update-tenneco-inc-ten/) - TEN was downgraded to Neutral by our rating system on 8/10/17. Despite the downgrade, we are maintaining our Long recommendation due to expectations for a 2H17 margin recovery and the stock’s low valuation.
- [Position Update: Knoll, Inc. (KNL)](https://www.newconstructs.com/position-update-knoll-inc-knl/) - While our original thesis has proven too optimistic in the short run due to the industry slowdown, we believe KNL remains best positioned to benefit from the expected improvement in 2H17 industry trends.
- [This Diamond Still Shines in the Rough Retail Sector](https://www.newconstructs.com/this-diamond-still-shines-in-the-rough-retail-sector/) - This firm has proven its ability to succeed in a market where many competitors are fighting for survival. The firm’s efficient distribution of off-price luxury brands to value conscious consumers has proven to be a resilient strategy during the current period of retail disruption.
- [Alpha-generating Forensic Accounting Examples](https://www.newconstructs.com/how-accounting-adjustments-contribute-to-alpha-generation/) - New Constructs’ proprietary forensic accounting research empowers investors to identify alpha-generating investment ideas more efficiently than traditional manual approaches. This report highlights investment ideas based on insights our research technology automatically provides on a firm’s true return on invested capital (ROIC) and economic earnings.
- [Excellent Corporate Governance Driving ROIC Higher](https://www.newconstructs.com/excellent-corporate-governance-driving-roic-higher/) - This firm aligns executives’ and shareholders’ interests by tying compensation to economic earnings and has increased its return on invested capital (ROIC) for five straight years. We expect management’s strategic focus on “maximizing economic profit” to continue creating value for shareholders.
- [Position Update: Lear Corp (LEA)](https://www.newconstructs.com/position-update-lear-corp-lea/) - Lear Corp was selected as a Long Idea on 7/22/16. The stock still earns a Very Attractive rating and is up 49% since the original report was published. Despite the price increase, LEA remains undervalued.
- [Long Idea Update: Spirit AeroSystems (SPR)](https://www.newconstructs.com/long-idea-update-spirit-aerosystems-spr/) - Spirit AeroSystems (SPR) was selected as a Long Idea on 6/26/17. SPR is up 40% since publication, but still earns an Attractive risk/reward rating based on earnings quality and low market-implied expectations for future profits.
- [Dividend Growth Stock with Strong Corporate Governance Trading at a Discount](https://www.newconstructs.com/dividend-growth-stock-with-strong-corporate-governance-trading-at-a-discount/) - Not often do investors get an opportunity to invest in a global leader at an attractive valuation, yet the expectations baked into this firm’s stock price seem overly pessimistic and create significant upside potential.
- [A Standout ETF in the Recently Upgraded Financials Sector](https://www.newconstructs.com/a-standout-etf-in-the-recently-upgraded-financials-sector/) - This focused sub-sector ETF stands out as a potential alpha-generating opportunity within Financials sector funds. It ranks fifth among 59 Financials sector ETFs and mutual funds, which include 31 Attractive-or-better rated funds.
- [Position Close Update: Tenneco, Inc. (TEN)](https://www.newconstructs.com/position-close-update-tenneco-inc-ten/) - Following a downgrade in its risk/reward rating, and a subsequent accounting-related rating suspension, we are closing out our long recommendation on Tenneco, Inc. (TEN) with a modest gain.
- [A High-Quality ETF in the Neutral Rated Industrials Sector](https://www.newconstructs.com/a-high-quality-etf-in-the-neutral-rated-industrials-sector/) - This ETF has ranked in the top 5 of Industrials sector ETFs for six consecutive quarters. It is poised to remain near the top of the rankings based on its superior holdings and low total annual costs.
- [Position Update: Carter's, Inc. (CRI)](https://www.newconstructs.com/position-update-carters-inc-cri/) - CRI was downgraded to Neutral by our rating system on 9/28/17. Despite the downgraded risk/reward rating, we are maintaining our Long recommendation due to solid fundamentals and the stock’s low valuation.
- [A Value Stock in the High Flying Tech Sector](https://www.newconstructs.com/a-value-stock-in-the-high-flying-tech-sector/) - Unlike many unprofitable tech firms whose stocks have outperformed, the stock of this high-ROIC tech firm has lagged significantly over the past year. A strong competitive position and recent roll-out of new products make the profit growth expectations embedded in this stock look too low.
- [High ROIC Business Model with an Undervalued Stock](https://www.newconstructs.com/high-roic-business-model-with-an-undervalued-stock/) - With strong fundamentals and an undervalued stock price, this firm not only finds itself in October’s Most Attractive Stocks Model Portfolio, but is also this week’s Long Idea.
- [Position Update: Lear Corp (LEA)](https://www.newconstructs.com/position-update-lear-corp-lea-2/) - Despite the downgrade, we are maintaining our Long recommendation largely because LEA remains significantly undervalued and the business’ fundamentals remain strong.
- [Transitioning Business Model Coupled with a Competitive Advantage](https://www.newconstructs.com/transitioning-business-model-coupled-with-a-competitive-advantage/) - While transitioning from a commodity based business to a consumer facing and branded product business, this firm has consistently grown profits, improved margins, and properly incentivized executives to create shareholder value.
- [Betting on the Future of Wealth Management](https://www.newconstructs.com/betting-on-the-future-of-wealth-management/) - This wealth management business delivers consistent profitability and has invested in technology to fuel significant growth.
- [Things Are Looking up for Disney](https://www.newconstructs.com/things-are-looking-up-for-disney/) - In our long thesis on Disney in January, we wrote that there were four key catalysts that could help the stock overcome ESPN fears and break out of its rut. After a down year, Disney looks poised to deliver significant returns for shareholders.
- [Hidden, Classic Value in A Rich Market](https://www.newconstructs.com/hidden-classic-value-in-a-rich-market/) - This firm has a long history of profit growth, over four decades of dividend growth, and an executive compensation plan that properly incentivizes executives to create shareholder value. Add in a cheap valuation, and it’s clear why this firm is this week’s Long Idea.
- [Hasbro Mattel Merger Could Produce Big Profits](https://www.newconstructs.com/hasbro-mattel-merger-could-produce-big-profits/) - A Hasbro/Mattel merger could create significant profit growth opportunities through cross-licensing, increased bargaining power, and cost control.
- [Closing Long Idea Pick: Orbotech (ORBK)](https://www.newconstructs.com/closing-long-idea-pick-orbotech-orbk/) - Due to the increase in its valuation, ORBK has been downgraded from Attractive to Neutral, and we are no longer recommending investors buy the stock.
- [Disrupting the Wall Street Game: Disruption/Interruption Podcast](https://www.newconstructs.com/disrupting-the-wall-street-game-disruption-interruption-podcast/) - CEO David Trainer joined the Disruption/Interruption podcast to pull back the curtain on decades of Wall Street manipulation.
- [ICYMI: Pre-IPO Report on SpaceX’s Otherworldly Valuation, New Long Idea, A Falling Knife, The Secrets of the #1 Stock Picker, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-pre-ipo-report-on-spacexs-otherworldly-valuation-new-long-idea-a-falling-knife-the-secrets-of-the-1-stock-picker-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of May 18, 2026.
- [Position Update: NVR Inc. (NVR)](https://www.newconstructs.com/position-update-nvr-inc-nvr/) - Following a 59% gain, driven by strong earnings beats, NVR now receives an Attractive risk/reward rating. Despite the price increase and rating downgrade, the stock still remains undervalued.
- [This Financials Company Gives You Growth and Value](https://www.newconstructs.com/this-financials-company-gives-you-growth-and-value/) - With a track record of high profitability, significant growth opportunities, and a cheap valuation, this stock could offer significant upside for investors.
- [Consumer Goods Business with Increasing Profits and an Undervalued Stock](https://www.newconstructs.com/consumer-goods-business-with-increasing-profits-and-an-undervalued-stock/) - Despite consistent profits and improving margins, this stock’s valuation does not reflect the potential for future profit growth and now holds significant upside potential.
- [Economies of Scale Provide this Firm a Strong Competitive Advantage](https://www.newconstructs.com/economies-of-scale-provide-this-firm-a-strong-competitive-advantage/) - This firm’s industry-leading distribution network has driven consistent profit growth, higher margins than competitors and a leading market share.
- [The Market Doesn’t Appreciate This Tech Company’s Growth](https://www.newconstructs.com/the-market-doesnt-appreciate-this-tech-companys-growth/) - Strong profit growth and a cheap valuation earn this stock a spot in January’s Most Attractive Stocks List and make it this week’s Long Idea.
- [Long Idea Highlights & Lowlights From 2017](https://www.newconstructs.com/long-idea-highlights-lowlights-from-2017/) - We present the Long Idea highlights and lowlights from 2017.
- [Misunderstood Deep Value Opportunity](https://www.newconstructs.com/misunderstood-deep-value-opportunity/) - Despite years of consistent profit growth, margin improvement, and strong competitive advantages, this firm’s stock remains highly undervalued.
- [Highly Profitable Tech Stock with Significant Growth Opportunities](https://www.newconstructs.com/highly-profitable-tech-stock-with-significant-growth-opportunities/) - With impressive profitability and a significantly undervalued share price, this firm earns a spot in January’s Most Attractive Stocks Model Portfolio and is this week’s Long Idea.
- [Quality Fund Holdings Help Provide Quality Returns](https://www.newconstructs.com/quality-fund-holdings-help-provide-quality-returns/) - This Large Cap Value mutual fund only earns a 3-star rating from Morningstar. However, the fund earns a Very Attractive rating, which is based on the true drivers of fund performance.
- [Now's the Time to Buy This Discounted Tech Giant](https://www.newconstructs.com/nows-the-time-to-buy-this-discounted-tech-giant/) - This company has an unprecedented history of growth and profitability, along with a well-deserved reputation as one of the most advanced and innovative companies in the world.
- [Buy the Dip on This Recently Upgraded Insurer & Asset Manager](https://www.newconstructs.com/buy-the-dip-on-this-recently-upgraded-insurer-asset-manager/) - This firm, which provides retirement planning, asset management, and insurance products, was unjustly knocked despite its strong fundamentals. After the selloff, the opportunity to buy the dip has arrived.
- [Position Close Update: F5 Networks (FFIV)](https://www.newconstructs.com/position-close-update-f5-networks-ffiv/) - We are closing this position and removing it from our Focus List – Long Model Portfolio.
- [Position Close Update: The Travelers Companies (TRV)](https://www.newconstructs.com/position-close-update-the-travelers-companies-trv/) - Due to a continued decline in ROIC, we are closing this position. Since original Long Idea, TRV has outperformed the market.
- [Position Close Update: Spectrum Brand Holdings (SPB)](https://www.newconstructs.com/position-close-update-spectrum-brand-holdings-spb/) - Due to a rating change and merger with HRG, we are closing this position.
- [Better Profits Than Meet the Eye](https://www.newconstructs.com/better-profits-than-meet-the-eye/) - With better-than-reported fundamentals, a long history of dividend growth, and undervalued stock price, this firm earns a spot on this month’s Dividend Growth Stocks Model Portfolio and is this week’s Long Idea.
- [Reported Profits May Scare Off Unknowing Investors](https://www.newconstructs.com/reported-profits-may-scare-off-unknowing-investors/) - With a long history of dividend growth, a vertically integrated business model providing competitive advantages, and undervalued stock price, this firm earns a spot on this month’s Dividend Growth Stocks Model Portfolio and is this week’s Long Idea.
- [Doomsday Valuation Makes this Stock a Buy](https://www.newconstructs.com/doomsday-valuation-makes-this-stock-a-buy/) - Overblown concerns about balance sheet liabilities, macroeconomic headwinds, and technological disruption have the market projecting the company’s cash flows will be permanently cut in half, a scenario which seems unlikely.
- [Position Close Update: Skechers USA (SKX)](https://www.newconstructs.com/position-close-update-skechers-usa-skx/) - The fundamentals no longer look strong enough for us to continue recommending the stock as one of our top long ideas, so we are closing this position with respectable gains and outperformance.
- [Understated Earnings Create Opportunity in These Stocks](https://www.newconstructs.com/understated-earnings-create-opportunity-in-these-stocks/) - We found five stocks with rising economic earnings that the market might have overlooked due to declining GAAP earnings.
- [Underappreciated Operational Efficiency Could Boost Shares](https://www.newconstructs.com/underappreciated-operational-efficiency-could-boost-shares/) - This firm has reported many years of GAAP losses and, only recently, profits, despite generating positive and growing cash flows since 2011.
- [Diamonds in the Rough of the Consumer Cyclicals Sector](https://www.newconstructs.com/diamonds-in-the-rough-of-the-consumer-cyclicals-sector/) - By leveraging our Robo-Analyst technology to parse and analyze company filings, including the footnotes and MD&A, we have identified companies with multiple years of after-tax profit growth and above average returns on invested capital.
- [Position Close Update: Oclaro (OCLR)](https://www.newconstructs.com/position-close-update-oclaro-oclr/) - LITE made an acquisition offer on March 12 and enough time has elapsed that a bidding war no longer seems likely, so we are closing our OCLR position.
- [AI Can Lead this Bank to Further Profit Growth](https://www.newconstructs.com/ai-can-lead-this-bank-to-further-profit-growth/) - Investments in artificial intelligence are already improving profitability and efficiency, which when combined with a cheap valuation make this bank this week’s Long Idea.
- [New Technology Helped Us Find This Gem of a Fund](https://www.newconstructs.com/new-technology-helped-us-find-this-gem-of-a-fund/) - Our approach to fund research led us to a fund that backs up its past outperformance by allocating to better stocks than its benchmark while charging below-average fees.
- [Rising from the Ashes to Lead a New Retail Paradigm](https://www.newconstructs.com/this-retail-turnaround-story-is-better-than-you-think/) - The market has recognized some of the turnaround (shares are up 40% in the past year), but investors are missing the critical role the firm could play in the next chapter of retail as well as the balance sheet story.
- [The “Value” Stock That Traditional Value Investors Can’t See](https://www.newconstructs.com/the-value-stock-that-traditional-value-investors-cant-see/) - This stock looks expensive based on traditional metrics, but a look at the true cash flows of the business shows otherwise.
- [Position Close Update: Target Corporation (TGT)](https://www.newconstructs.com/position-close-update-target-corporation-tgt/) - The decline in fundamentals along with what appears to be a weakening competitive position versus Walmart (WMT) and Amazon (AMZN) lead us to close this position.
- [Turning Challenge Into Opportunity](https://www.newconstructs.com/turning-challenge-into-opportunity/) - The market has failed to recognize the resilience and strength of this business, and the stock’s valuation implies a permanent decline in profits based on a misunderstanding of the trajectory of the business.
- [Position Close Update: Knoll Inc. (KNL)](https://www.newconstructs.com/position-close-update-knoll-inc-knl/) - A decline in fundamentals, along with a weakening competitive position (KNL no longer earns the highest ROIC among competitors) lead us to close this position.
- [This Footwear Stock is Back on Sale](https://www.newconstructs.com/this-footwear-stock-is-back-on-sale/) - It can be scary to buy a stock that’s just dropped 30%, but if the long-term trend in fundamentals remains intact, an unwarranted drop in valuation can lead to a great buying opportunity.
- [Position Close Update: National Research Corp (NRC)](https://www.newconstructs.com/position-close-update-national-research-corp-nrc/) - While the firm’s fundamentals remain strong, its valuation no longer offers attractive risk/reward.
- [This Pick and Shovel Stock is Still a Value](https://www.newconstructs.com/this-pick-and-shovel-stock-is-still-a-value/) - Accounting results understate the impressive profit growth of this market leader.
- [This ETF Lives up to Its Name](https://www.newconstructs.com/this-etf-lives-up-to-its-name/) - Leveraging our Robo-Analyst technology, which analyzes the holdings of all 7,908 ETFs and mutual funds under coverage, we found this ETF with high quality holdings that should appeal to sophisticated value investors.
- [SoftBank Investment Validates GM’s Self-Driving Superiority](https://www.newconstructs.com/softbank-investment-validates-gms-self-driving-superiority/) - General Motors remains undervalued, and this latest positive development leads us to add it to our Focus List – Long Model Portfolio.
- [Position Close Update June 2018: Cracker Barrel Old Country Store (CBRL)](https://www.newconstructs.com/position-close-update-cracker-barrel-old-country-store-cbrl/) - A decline in fundamentals, along with an increasingly competitive industry, lead us to close this position and remove it from our Focus List – Long Model Portfolio.
- [A Tale of Two Segments](https://www.newconstructs.com/a-tale-of-two-segments/) - The value that could be unlocked in a spin-off, and even the undervaluation of the combined firm, give this stock attractive risk/reward.
- [Ahead of the Curve](https://www.newconstructs.com/creating-value-for-all-stakeholders/) - This company is uniquely well-positioned to capitalize on the growth in this overlooked, niche market. However, the expectations baked into the stock price remain too low.
- [Beat Private Equity to the Punch on This Value Opportunity](https://www.newconstructs.com/beat-private-equity-to-the-punch-on-this-value-opportunity/) - This week, we’re highlighting another cheap retailer that was recently confirmed as a buyout target. This firm also has a high and sustainable dividend yield and upside potential even without an acquisition.
- [Not Too Big, Not Too Small - This One is Just Right](https://www.newconstructs.com/not-too-big-not-too-small-this-one-is-just-right/) - There is one company that is capitalizing on this growing market and making a lot of money while doing so. Meanwhile, most investors do not understand its potential and have left the stock significantly undervalued.
- [You Can Trust the Investment Process of These Managers](https://www.newconstructs.com/you-can-trust-the-investment-process-of-these-managers/) - Leveraging our Robo-Analyst technology we found a mutual fund with managers that put their money where their mouth is when it comes to ROIC.
- [Benefit from a Strong Labor Market with This Stock](https://www.newconstructs.com/benefit-from-a-strong-labor-market-with-this-stock/) - An economic tailwind, combined with a cheap valuation and high-quality corporate governance, make this staffing firm this week’s Long Idea.
- [Position Close Update: Carter’s Inc. (CRI)](https://www.newconstructs.com/position-close-update-carters-inc-cri/) - The rise and valuation and the decline in fundamentals means CRI no longer stands out as an especially good value and we are closing this position.
- [CEO’s That Focus on ROIC Outperform](https://www.newconstructs.com/ceos-that-focus-on-roic-outperform/) - Greater emphasis on ROIC among executives should increase the efficiency of the capital markets and create opportunities for investors to benefit from improved corporate governance.
- [Position Close Update: Synchrony Financial (SYF)](https://www.newconstructs.com/position-close-update-synchrony-financial-syf/) - Even though SYF’s valuation remains cheap, its declining fundamentals and the risk of further contract losses make the risk too high to remain in the stock.
- [Pay for Performance Aligns Fund Managers with Investors](https://www.newconstructs.com/pay-for-performance-aligns-fund-managers-with-investors/) - Leveraging our Robo-Analyst technology, we found a mutual fund that offers an attractive fee structure and allocates to high-quality stocks.
- [Position Close Update: Ross Stores Inc. (ROST)](https://www.newconstructs.com/position-close-update-ross-stores-inc-rost/) - The rise in valuation means ROST no longer stands out as an especially good value.
- [Micro-Bubble Winners](https://www.newconstructs.com/micro-bubble-winners/) - This report presents a list of long ideas for stocks that should rise when the micro-bubble stocks we listed in our last report fall.
- [This Value-Add Reseller Creates Real Value](https://www.newconstructs.com/this-value-add-reseller-creates-real-value/) - This tech firm has a long history of profit growth, prudent capital stewardship, an undervalued stock, and it’s business model creates more value than peers.
- [Fund Managers Focused on the Right Metric](https://www.newconstructs.com/fund-managers-focused-on-the-right-metric/) - Occasionally, we come across a fund whose managers diligently leverage ROIC in their investment strategy. This week we are featuring one such fund - AQQPX.
- [Buy This High-Yielding Stock with an Underrated Moat](https://www.newconstructs.com/buy-this-high-yielding-stock-with-an-underrated-moat/) - Over its 150+ year history, this company has adapted to technological transformations, built up an impressive economic moat, and become a cash cow.
- [Poor Governance Makes These Companies Acquisition Targets](https://www.newconstructs.com/poor-governance-makes-these-companies-acquisition-targets/) - We’re highlighting two companies with poor corporate governance that would be better off selling themselves entirely.
- [Micro-Bubble Winners Part 2](https://www.newconstructs.com/micro-bubble-winners-part-2/) - We think these stocks will see a lot of capital flow to them when the second micro bubble bursts.
- [Cutting Through the Noise to Find a Retail Gem](https://www.newconstructs.com/cutting-through-the-noise-to-find-a-retail-gem/) - Those willing to do real fundamental research can find companies creating real shareholder value amidst a glut of overvalued and/or poorly run firms.
- [This Fund Looks Beyond Accounting Earnings to Find Value](https://www.newconstructs.com/this-fund-looks-beyond-accounting-earnings-to-find-value/) - We love funds whose managers not only talk about cash flows and ROIC, but use them in their investment process. This week we're featuring one such fund - MOPRX.
- [Position Close Update: Cisco Systems (CSCO)](https://www.newconstructs.com/position-close-update-cisco-systems-csco/) - Even though we still like the long-term outlook for CSCO’s business, the stock no longer presents the quality risk/reward it once did.
- [Buy This Healthcare Giant on an Acquisition Catalyst](https://www.newconstructs.com/buy-this-healthcare-giant-on-acquisition-catalyst/) - This firm has shown an ability to create value through acquisitions in its past, and we expect it to succeed with its upcoming acquisition as well.
- [It’s Not Too Late to Get This Franchisor at a Discount](https://www.newconstructs.com/its-not-too-late-to-get-this-franchisor-at-a-discount/) - Shares have fallen from their mid-September highs, which makes now a great time to buy this high-quality company at a discounted price.
- [Holdings-Based Diligence Reveals a Dividend Champion](https://www.newconstructs.com/holdings-based-diligence-reveals-a-dividend-champion/) - We think increased appreciation for holdings quality research will make the market more efficient by pushing capital towards funds like this one that holds highly profitable and undervalued stocks.
- [Using ROIC To Find Safe Stocks in a Dangerous Market](https://www.newconstructs.com/using-roic-to-find-safe-stocks-in-a-dangerous-market/) - We leveraged Robo-Analyst technology to scour the market to find five companies with strong cash flows, high returns on invested capital, and, best of all, undervalued stock prices.
- [Keep on Trucking with This Undervalued Stock](https://www.newconstructs.com/keep-on-trucking-with-this-undervalued-stock/) - This company benefits from an unprecedented surge in freight demand, an economic story that has received relatively little attention due to the focus on tax cuts and tariffs that have dominated 2018.
- [Position Close Update: John B. Sanfilippo & Son, Inc. (JBSS)](https://www.newconstructs.com/position-close-update-john-b-sanfilippo-son-inc-jbss/) - These two issues raise enough questions that we no longer have confidence in the long-term competitive advantage of the business.
- [GM’s Governance Drives Restructuring That Creates Value](https://www.newconstructs.com/gms-governance-drives-restructuring-that-creates-value/) - This announcement shows why corporate governance – the “G” in ESG – is the most important, yet overlooked, element of sustainability.
- [A Bear Market Could Bring Gifts for Value Investors](https://www.newconstructs.com/a-bear-market-could-bring-gifts-for-value-investors/) - We’re highlighting three stocks that aren’t necessarily great buys now, but could be if a market correction knocks their prices down.
- [Three Safe Stocks for a Bear Market](https://www.newconstructs.com/three-safe-stocks-in-a-bear-market/) - These companies provide a margin of safety during downturns and can still deliver strong performance in a bull market.
- [This Industry Leader Remains Undervalued](https://www.newconstructs.com/this-industry-leader-remains-undervalued/) - This stock looks expensive by traditional metrics, but our cash flow adjustments reveal that it’s still cheap.
- [Long Idea Lowlights From 2018](https://www.newconstructs.com/long-idea-lowlights-from-2018/) - We’re going to examine some of our worst-performing calls from 2018 and determine which picks were bona fide mistakes and which only offer more upside.
- [Long Idea Highlights From 2018](https://www.newconstructs.com/long-idea-highlights-from-2018/) - We’re taking some victory laps and looking at our picks that outperformed in a down market last year.
- [Market Is Missing the Growth Potential For this Tech Leader](https://www.newconstructs.com/market-is-missing-the-growth-potential-for-this-tech-leader/) - This iPhone supplier has other high-growing business lines, new potential customers and uses for its products, and it just completed a quality acquisition.
- [2019 Should Be a Bounce Back Year for This Food Processor](https://www.newconstructs.com/2019-should-be-a-bounce-back-year-for-this-food-processor/) - All signs point to 2019 being a bounce back year for this stock, which is why we are reiterating it as a Long Idea despite its Unattractive rating.
- [Avoid Value Traps with This Deep Value ETF](https://www.newconstructs.com/avoid-value-traps-with-this-deep-value-etf/) - This ETF’s methodology is worthy of more investors’ attention because it uses ROIC and FCF to find quality companies that are significantly undervalued.
- [Too Many Positive Catalysts to Count for This Media Giant](https://www.newconstructs.com/too-many-positive-catalysts-to-count-for-this-media-giant/) - The expected completion of an acquisition, along with other catalysts, should provide further upward momentum for this stock in 2019.
- [Three Outperforming Stocks That Look Better than Ever](https://www.newconstructs.com/three-outperforming-stocks-that-look-better-than-ever/) - Among the very first firms to file 2018 10-Ks are three companies we’ve previously featured as Long Ideas that we like even more after reviewing their latest 10-Ks.
- [Long Ideas: Finding Gold in the Footnotes (Feb 2019)](https://www.newconstructs.com/long-ideas-finding-gold-in-the-footnotes/) - Our analysis of footnotes is critical to finding companies where reported earnings understate economic earnings.
- [Long Ideas: Finding Value Hidden by the Noise](https://www.newconstructs.com/long-ideas-finding-value-hidden-by-the-noise/) - Two stocks that have expensive price-to-book ratios but are undervalued.
- [Quality Corporate Governance Leads to Superior Business Model](https://www.newconstructs.com/quality-corporate-governance-leads-to-superior-business-model/) - Investing in companies with high quality corporate governance and cheap stocks can be a successful strategy.
- [Using Free Cash Flow to Find Value with This ETF](https://www.newconstructs.com/using-free-cash-flow-to-find-value-with-this-etf/) - This ETF deserves more attention from investors because it uses free cash flow, enterprise value, and FCF yield to find quality companies.
- [Ride Long-Term Secular Growth Missed by Noise Traders](https://www.newconstructs.com/ride-long-term-secular-growth-missed-by-noise-traders/) - Disappointing short-term trends can mask long-term value creation, lead to an unwarranted sell-off, and create opportunity for sophisticated investors.
- [Activists Can Create Huge Value in This Retail Turnaround](https://www.newconstructs.com/activists-can-create-huge-value-in-this-retail-turnaround/) - We think activists can create huge value by bringing a better focus on capital allocation to this retailer.
- [Intelligent Capital Allocation Drives Outperformance](https://www.newconstructs.com/intelligent-capital-allocation-drives-outperformance/) - These two companies stand out amongst others for their undervalued stocks, rising profits, and improved corporate governance.
- [Traditional Research Misses This Long Idea](https://www.newconstructs.com/traditional-research-misses-this-long-idea/) - Despite positives, such as profit growth and execs incentivized to create shareholder value, this stock is priced as if profits will permanently decline.
- [GAAP Earnings Underestimate This Industrial Turnaround](https://www.newconstructs.com/gaap-earnings-underestimate-this-industrial-turnaround/) - This firm has dramatically improved its profitability since adding ROIC to its exec comp plan, has a cheap valuation and significant growth opportunities.
- [Safe Income Generation with This Quality ETF](https://www.newconstructs.com/safe-income-generation-with-this-quality-etf/) - Our analysis of the holdings of over 7,500 U.S. ETFs and mutual funds reveals an ETF that invests in higher-quality stocks than its benchmark.
- [Position Close Update: The Clorox Company (CLX)](https://www.newconstructs.com/position-close-update-the-clorox-company-clx/) - The combination of deteriorating fundamentals, rising competition, and a more expensive stock price means CLX no longer presents the same risk/reward.
- [Position Close Update: UBS Group AG (UBS)](https://www.newconstructs.com/position-close-update-ubs-group-ag-ubs/) - The stock price has been driven by legal issues and possible lawsuits and we believe it is time to cut our losses before further decline.
- [Finding Growth and Value in the Financials Sector](https://www.newconstructs.com/finding-growth-and-value-in-the-financials-sector/) - This regional bank has bucked the trend in the rest of the sector by delivering solid growth in recent years, even as its valuation remains cheap.
- [Seeing Fundamental Value Through the Noise](https://www.newconstructs.com/seeing-fundamental-value-through-the-noise/) - Market narratives can persist in the face of contradicting data. Overblown fears of a housing crash have this stock priced as if profits will nearly halve.
- [A Hidden Turnaround Story in the Infrastructure Sector](https://www.newconstructs.com/a-hidden-turnaround-story-in-the-infrastructure-sector/) - This infrastructure company has dramatically improved its profitability but policy uncertainty from Washington has left the stock significantly undervalued.
- [Ignore the Noise and Stick with This Undervalued Stock](https://www.newconstructs.com/ignore-the-noise-and-stick-with-this-undervalued-stock/) - Despite short-term concerns, this company’s long-term profit growth remains strong and investors are overlooking a stock with quality risk/reward.
- [This Retail Giant Is Firing on All Cylinders](https://www.newconstructs.com/this-retail-giant-is-firing-on-all-cylinders/) - This retail giant has been one of the largest and most profitable companies in the sector for decades and it continues to invest in e-commerce and the consumer experience.
- [3 Undervalued Stocks in the Restaurant Industry](https://www.newconstructs.com/3-undervalued-stocks-in-the-restaurant-industry/) - These three restaurant stocks are actually growing same-store sales and significantly undervalued compared to their cash flows.
- [This Fund Finds Value by Recognizing the Flaws in Accounting Earnings](https://www.newconstructs.com/this-fund-finds-value-by-recognizing-the-flaws-in-accounting-earnings/) - We've come across a fund whose managers look beyond accounting earnings in their investment strategy and find truly undervalued stocks.
- [Disney’s Avengers Spell Endgame for Netflix](https://www.newconstructs.com/disneys-avengers-spell-endgame-for-netflix/) - Content is king, and Disney’s superior content will help it translate its dominance from the box office to the streaming video world.
- [Transitioning Business Model Creates Buying Opportunity](https://www.newconstructs.com/transitioning-business-model-creates-buying-opportunity/) - Volatility in the short-term will make this company significantly more profitable in the long-term.
- [This Fund Finds Value by Recognizing the Flaws in Accounting Earnings](https://www.newconstructs.com/this-fund-finds-value-by-recognizing-the-flaws-in-accounting-earnings-2/) - This fund's managers look beyond accounting earnings to pick higher quality stocks with cheap valuations.
- [Micro-Bubble Winners Continue to Outperform](https://www.newconstructs.com/micro-bubble-winners-continue-to-outperform/) - These “Micro-Bubble winners” remain undervalued and we expect them to continue to outperform.
- [Find Attractive Stocks in this Undervalued Industry](https://www.newconstructs.com/find-attractive-stocks-in-this-undervalued-industry/) - The market underestimates the barriers to entry in this industry, and as a result, valuations for many of the companies imply profits will permanently decline.
- [Buy the Dip on This High-Quality Company](https://www.newconstructs.com/buy-the-dip-on-this-high-quality-company/) - Investors are worried about a potential dip in earnings next year while ignoring positive long-term trends.
- [4 Long Ideas That Didn’t Go as Planned](https://www.newconstructs.com/4-long-ideas-that-didnt-go-as-planned/) - When we write our Long Ideas, we try to anticipate every possible outcome. Nevertheless, sometimes we get things wrong.
- [This Fund’s Superior Stock Picking Should Drive Outperformance](https://www.newconstructs.com/this-funds-superior-stock-picking-should-drive-outperformance/) - Managers look beyond accounting earnings and focus on economic profit and free cash flow.
- [Winning Ideas for Our Clients](https://www.newconstructs.com/winning-ideas-for-our-clients/) - This pick earned an absolute return of 11% and relative return of 15% in six weeks. Not a bad deal for members.
- [Target’s Innovation Continues to Drive Value](https://www.newconstructs.com/targets-innovation-continues-to-drive-value/) - A strong quarter reaffirms our belief that Target can continue to grow and create value for shareholders by innovating the retail experience.
- [Earn Double the 30-Year Treasury Yield with This Pick](https://www.newconstructs.com/earn-double-the-30-year-treasury-yield-with-this-pick/) - While this company has wasted shareholder capital in the past, new management seems committed to capital discipline, cost-cutting, and maximizing cash flows.
- [Doomsday Valuation Makes This Retailer a Buy](https://www.newconstructs.com/doomsday-valuation-makes-this-retailer-a-buy/) - The expectations baked into this retailer's stock remain overly pessimistic in the face of the company’s strong fundamentals.
- [Focusing On Economic Earnings Creates Value For This Fund](https://www.newconstructs.com/focusing-on-economic-earnings-creates-value-for-this-fund/) - This fund's manager's look beyond accounting earnings in their investment strategy.
- [This Footwear Stock Can Keep Running Higher](https://www.newconstructs.com/this-footwear-stock-can-keep-running-higher/) - This company’s cash flows continue to grow, its valuation remains reasonable, and the stock remains a good pick for long-term investors.
- [This Cash Cow Still Has Upside](https://www.newconstructs.com/this-cash-cow-still-has-upside/) - This firm has successfully adapted to numerous technological changes over its 150+ years of existence, and investors are underrating its resilience.
- [Best in Class Financial Services Stock Trading at A Discount](https://www.newconstructs.com/best-in-class-financial-services-stock-trading-at-a-discount/) - This highly profitable and growing financial company is currently trading at an unusually cheap valuation.
- [“Novel Dataset” Reveals Undervalued Tech Giant](https://www.newconstructs.com/novel-dataset-reveals-undervalued-tech-giant/) - We leverage our Robo-Analyst technology and “novel dataset” to highlight a tech giant that is significantly more profitable than its earnings suggest.
- [Earnings Data Is Wrong & How You Can Make More Money](https://www.newconstructs.com/earnings-data-is-wrong-why-it-can-cost-you-money/) - Our research shows this is a stock investors should look to buy ahead of its Q3 earnings report on November 1.
- [Earnings Distortion Makes This Stock A Buy](https://www.newconstructs.com/leverage-distorted-eps-to-find-stocks-likely-to-beat-earnings/) - Understated earnings and cheap valuation give this company a higher chance of beating earnings in the short-term and outperforming the market in the long-term.
- [We’re Loving This Buy the Dip Opportunity](https://www.newconstructs.com/were-loving-this-buy-the-dip-opportunity/) - Investors should jump at the opportunity to buy the dip in this restaurant stock.
- [Position Close Update: Texas Instruments (TXN)](https://www.newconstructs.com/position-close-update-texas-instruments-txn/) - This stock no longer presents the same risk/reward and was recently downgraded to an Unattractive rating.
- [Earnings Distortion Alert: This Pharmacy Giant Has Understated Earnings](https://www.newconstructs.com/earnings-distortion-alert-this-pharmacy-giant-has-understated-earnings/) - Our Earnings Distortion Scorecard reveals this stock has significantly understated earnings and investors should look to buy this stock ahead of its earnings report.
- [Disney’s Strategy Is Working](https://www.newconstructs.com/disneys-strategy-is-working/) - Disney’s unparalleled collection of IP, unique brand, and superior content monetization capabilities give it a significant competitive advantage over Netflix (NFLX) and every other content company.
- [Only One Sector Has A Rising ROIC](https://www.newconstructs.com/only-one-sector-has-a-rising-roic/) - The core fundamentals of businesses are declining in nearly every sector. 10 out of 11 sectors have declining returns on invested capital.
- [Earnings Distortion Analysis Reveals Opportunity  in Defensive Sectors](https://www.newconstructs.com/earnings-distortion-analysis-reveals-opportunity-in-defensive-sectors/) - This sector has the least earnings distortion, earns an Attractive rating, and provides value for investors.
- [This New Long/Short ETF Finds Great Fundamental Value](https://www.newconstructs.com/this-new-long-short-etf-finds-great-fundamental-value/) - This ETF follows a more comprehensive analytical process, which looks beyond traditional metrics, and studies footnotes to identify value.
- [Two Stocks That Should Beat Earnings Expectations](https://www.newconstructs.com/two-stocks-that-should-beat-earnings-expectations/) - These two stocks are likely to beat earnings expectations according to our new Earnings Distortion Scores.
- [3 Lagging Long Ideas That We Still Love](https://www.newconstructs.com/3-lagging-long-ideas-that-we-still-love/) - We're starting 2020 by looking at the Long Ideas that performed poorly in 2019. Despite their underperformance, we remain bullish on these stocks.
- [Position Close Update: Kulicke and Soffa Industries (KLIC)](https://www.newconstructs.com/position-close-update-kulicke-and-soffa-industries-klic/) - The recent decline in profitability means KLIC now earns our Neutral rating, so we are closing this position.
- [3 Outperforming Long Ideas with More Room to Run](https://www.newconstructs.com/3-outperforming-long-ideas-more-room-to-run/) - We're looking at picks that outperformed last year, each of which we remain bullish on heading into 2020.
- [An Undervalued Leader in a Growing Industry](https://www.newconstructs.com/an-undervalued-leader-in-a-growing-industry/) - We've identified a company that looks like a good value after significantly underperforming the market in 2019.
- [Leading Industrials Firm with an Undervalued Stock Price](https://www.newconstructs.com/leading-industrials-firm-with-an-undervalued-stock-price/) - This company should not only beat short-term earnings expectations, but has improving fundamentals, multiple growth opportunities, and an undervalued stock price.
- [Top-Rated Firm Trading at the Largest Discount in Years](https://www.newconstructs.com/top-rated-firm-trading-at-the-largest-discount-in-years/) - This company is one of the most profitable vs. its peers, has multiple growth opportunities, and its stock hasn’t been cheaper since 2013.
- [A Fund with a Methodology That Finds Good Stocks](https://www.newconstructs.com/a-fund-with-a-methodology-that-finds-good-stocks/) - This week we feature a fund that successfully executes a superior stock-picking methodology.
- [An Uncommon Gem: A Thriving Retailer at a Discount](https://www.newconstructs.com/an-uncommon-gem-a-thriving-retailer-at-a-discount/) - This retailer has a track record of profit growth, newly improved corporate governance and a cheap stock price.
- [Long Ideas: Finding Gold in the Footnotes (Feb 2020)](https://www.newconstructs.com/long-ideas-finding-gold-in-the-footnotes-2/) - During the real earnings season, we find many companies whose GAAP earnings understate core earnings, a superior measure of profits.
- [Three Safe Stocks In a Stormy Market](https://www.newconstructs.com/three-stocks-to-buy-if-the-market-crash-continues/) - These stocks are for great companies whose valuations are a little high. If those valuations decline, investors should scoop up these quality businesses.
- [Position Close Update: General Electric (GE)](https://www.newconstructs.com/position-close-update-general-electric-ge/) - GE’s declining ROIC and expensive stock price lead us to close out this short-term call.
- [Seek Strong ROICs in Turbulent Markets](https://www.newconstructs.com/seek-strong-roic-in-turbulent-markets/) - If you want more confidence in your portfolio, then own companies with high ROICs.
- [Seek Strong ROICs in Turbulent Markets Part 2](https://www.newconstructs.com/seek-strong-roics-in-turbulent-markets-part-2/) - Nearly all stocks suffer in a bear market, but those with high ROICs tend to suffer less and rise faster in the recovery.
- [A Stock-Picking Methodology That Finds Quality Stocks](https://www.newconstructs.com/a-stock-picking-methodology-that-finds-quality-stocks/) - This fund successfully executes a stock-picking methodology that focuses on ROIC.
- [Safest Dividend Yields](https://www.newconstructs.com/safest-dividend-yields/) - Firms with strong core earnings will be able to sustain their dividends.
- [Safest ETF Dividend Yields](https://www.newconstructs.com/safest-etf-dividend-yields/) - These ETFs are best-positioned to maintain dividends because of the strong cash flows of their holdings.
- [Industry Leader with Strong Cash Flows Trading at a Big Discount](https://www.newconstructs.com/industry-leader-with-strong-cash-flows-trading-at-a-big-discount/) - Now is an excellent time for investors to buy quality businesses, with the cash flows to survive the downturn, at significant discounts.
- [Best in Class REIT Trading at Historically Cheap Price](https://www.newconstructs.com/best-in-class-reit-trading-at-historically-cheap-price/) - For long-term investors, now is an excellent time to buy leading businesses, with the cash flows and balance sheet to survive the downturn, at significant discounts.
- [Feast on this Undervalued Restaurant Stock](https://www.newconstructs.com/feast-on-this-undervalued-restaurant-stock/) - This firm has the cash flows and balance sheet to survive the downturn and is well positioned to grow profits during the economic recovery.
- [Rebuild Your Post-COVID Portfolio with This Industry Leader](https://www.newconstructs.com/rebuild-your-post-covid-portfolio-with-this-industry-leader/) - Those willing to look beyond the dip in economic activity should consider adding this stock to their portfolio.
- [Another Quality Restaurant to Fill Your Post COVID Portfolio](https://www.newconstructs.com/another-quality-restaurant-to-fill-your-post-covid-portfolio/) - We’ve identified another restaurant, providing a more home-style experience, positioned to survive the crisis and grow profits during the recovery.
- [Safest and Riskiest Dividend Yields: Stocks & ETFs (4 Reports)](https://www.newconstructs.com/safest-and-riskiest-dividend-yields-stocks-etfs-4-reports/) - Enjoy these reports on the firms & ETFs with and without earnings to sustain dividends.
- [Buffett Is Shortsighted on Airlines: LUV Is A Steal at This Price](https://www.newconstructs.com/buffett-is-shortsighted-on-airlines-luv-is-a-steal-at-this-price/) - Warren Buffett famously advised “be greedy when others are fearful”, and we think he should follow his own advice – assuming he is still a long-term investor.
- [Advertising & Marketing Firm Positioned to Thrive, Not Just Survive](https://www.newconstructs.com/advertising-marketing-firm-positioned-to-thrive-not-just-survive/) - We suggest investors look past the current economic downturn and set their sights on the opportunity that awaits this best-in-class business when the economy recovers.
- [Welcome This Hospitality Leader to Your Portfolio](https://www.newconstructs.com/welcome-this-hospitality-leader-to-your-portfolio/) - This hotel operator has the liquidity to survive the COVID-driven economic crisis and is poised to expand its market share as the economy recovers.
- [Give Your Portfolio Some Insurance with This Industry Leader](https://www.newconstructs.com/give-your-portfolio-some-insurance-with-this-industry-leader/) - We suggest investors look past the current economic downturn and set their sights on the opportunity that awaits when the economy recovers.
- [Bank on the Best](https://www.newconstructs.com/bank-on-the-best/) - This best-in-class bank has the balance sheet to survive the COVID-driven economic crisis and is positioned to expand its market share as the economy recovers.
- [Clear the Way for This Industrial Firm](https://www.newconstructs.com/clear-the-way-for-this-industrial-firm/) - Investors who can see past the cyclical nature of this industrial business have the opportunity to add a high-quality firm to their portfolios at an historically cheap price.
- [This Fund Allocates to Quality Firms at Discounted Prices](https://www.newconstructs.com/this-fund-allocates-to-quality-firms-at-discounted-prices/) - We’ve identified a mutual fund with below average fees and higher-quality holdings than its benchmark.
- [This Stock Will Come Back in Style](https://www.newconstructs.com/this-stock-will-come-back-in-style/) - This industry-leading apparel company has the cash flows and balance sheet to survive the downturn and is well-positioned to grow profits during the economic recovery.
- [Infrastructure Spending Lifts This Firm to New Heights](https://www.newconstructs.com/infrastructure-spending-lifts-this-firm-to-new-heights/) - The market has routed this Industrials stock which gives investors the opportunity to add a high-quality stock to their portfolios.
- [This Firm Is Geared Up for a Recovery](https://www.newconstructs.com/this-firm-is-geared-up-for-a-recovery/) - COVID-19-related decline in customer demand has many investors overlooking this best-in-class commercial vehicle parts supplier. We think there’s great value to be had.
- [Give Your Portfolio a Tune-Up with This Parts Manufacturer](https://www.newconstructs.com/give-your-portfolio-a-tune-up-with-this-parts-manufacturer/) - For those willing to see past the current upheaval, there is value to be found in the market.
- [This Healthcare Provider Is Ready for the Future](https://www.newconstructs.com/this-healthcare-provider-is-ready-for-the-future/) - COVID-19 has disrupted industries all across the globe, perhaps none more than the Healthcare industry. We think there’s great value in this industry leader.
- [This Restaurant Offers More Than Just Sizzle](https://www.newconstructs.com/this-restaurant-offers-more-than-just-sizzle/) - Investors who look past the temporary slowdown in business can still find great value long term.
- [Build a Stronger Portfolio with This Growing Homebuilder](https://www.newconstructs.com/build-a-stronger-portfolio-with-this-growing-homebuilder/) - The homebuilding market is not winner takes all and there is ample market share to go around. We’ve identified another undervalued homebuilder worth a look.
- [“See Through the Dip” Stocks Remain Attractive](https://www.newconstructs.com/see-through-the-dip-stocks-remain-attractive/) - These stocks should be held through the market turmoil as we expect them to outperform the crowded passive strategies over the long term.
- [Revealing the Secrets of the #1 Stock Picker](https://www.newconstructs.com/revealing-the-secrets-of-the-1-stock-picker/) - Before a single Long Idea is ever published at New Constructs, it undergoes a process that experts and business school professors want to understand.
- [Featured Stock from our Safest Dividend Yields Model Portfolio for May 2026](https://www.newconstructs.com/featured-stock-from-our-safest-dividend-yields-model-portfolio-for-may-2026/) - Get details on one of the stocks in May 2026's Safest Dividend Yields Model Portfolio.
- [Dividend Growth Stocks Model Portfolio: May 2026](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-may-2026/) - Professional Members and higher can access May's Dividend Growth Stocks Model Portfolio as of Thursday, May 28.
- [HF Sinclair (DINO) – 6 reports](https://www.newconstructs.com/hf-sinclair-dino/) - See all our reports on HF Sinclair.
- [Quality Corporate Governance Meets Strong Shareholder Return](https://www.newconstructs.com/quality-corporate-governance-meets-strong-shareholder-return/) - This stock offers favorable Risk/Reward based on the company’s strong cash flow generation coupled with significant shareholder return and much more.
- [Profits for the Long Haul](https://www.newconstructs.com/profits-for-the-long-haul-2/) - We’re here to remind investors that more upside potential remains in this winning Long Idea.
- [Testimonial: “Benefit from a gamut of New Constructs offerings”](https://www.newconstructs.com/testimonial-benefit-from-a-gamut-of-new-constructs-offerings/) - We’re honored when clients recognize our commitment.
- [Watch the FinSights Showcase from Google Cloud Next 2026](https://www.newconstructs.com/watch-the-finsights-showcase-from-google-cloud-next-2026/) - See how AI agents are moving beyond basic chat to perform complex, multi-step financial analysis, the unique challenges of financial data, and more.
- [Watch Our Earnings Recap: Winners & Losers from NVIDIA, Walmart, Home Depot, Ross Stores, Target, and More](https://www.newconstructs.com/watch-our-earnings-recap-winners-losers-from-nvidia-walmart-home-depot-ross-stores-target-and-more/) - Beneath the headlines, expectations are dangerously high in many stocks.
- [SpaceX (SPCX): Going Boldly Where No One Has Gone Before](https://www.newconstructs.com/spacex-spcx-going-boldly-where-no-one-has-gone-before/) - We detail the risks of the SpaceX IPO and use our reverse DCF model to show exactly what is implied by a $1.75 trillion valuation.
- [AI Is Devouring All the Cash](https://www.newconstructs.com/ai-is-devouring-all-the-cash/) - AI is taking all the cash from the biggest names in the market.
- [How “Expectations Investing” Gives You an Edge in 60 seconds](https://www.newconstructs.com/how-expectations-investing-gives-you-an-edge-in-60-seconds/) - We shine light into the dark corners of the market. We make it clear and easy.
- [What Sets New Constructs Apart in Under 30 Seconds](https://www.newconstructs.com/what-sets-new-constructs-apart-in-under-30-seconds/) - Armed with superior fundamental data, we derive insights that drive real alpha.
- [Drilling for Bargains](https://www.newconstructs.com/drilling-for-bargains/) - The disconnect between business fundamentals and stock valuation provide Very Attractive Risk/Reward.
- [Featured Stock from our Exec Comp Aligned with ROIC Model Portfolio for May 2026](https://www.newconstructs.com/featured-stock-from-our-exec-comp-aligned-with-roic-model-portfolio-for-may-2026/) - Get details on one of the stocks in May 2026's Executive Compensation Aligned with ROIC Model Portfolio.
- [Safest Dividend Yields Model Portfolio: May 2026](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-may-2026/) - Professional Members and higher can access May's Safest Dividend Yields Model Portfolio as of Wednesday, May 20.
- [Podcast: Why This Burger Spot Is in the Danger Zone](https://www.newconstructs.com/podcast-why-this-burger-spot-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: Don’t Touch This Hot Stove.
- [Shake Shack (SHAK) – 8 reports](https://www.newconstructs.com/shake-shack-shak/) - See all our reports on Shake Shack.
- [Don’t Shack Up With This Stock](https://www.newconstructs.com/dont-shack-up-with-this-stock/) - The disconnect between fundamentals and stock valuation is dangerously wide and we feel the need to warn investors
- [Don’t Touch This Hot Stove](https://www.newconstructs.com/dont-touch-this-hot-stove/) - We feel the need to warn investors again though: don’t catch this falling knife.
- [ICYMI: New Core Earnings Leaders, AI Cash Burn Outs, Get an Edge with Expectations Investing, See What Sets Us Apart, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-core-earnings-leaders-ai-cash-burn-outs-get-an-edge-with-expectations-investing-see-what-sets-us-apart-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of May 11, 2026.
- [Watch Our Earnings Recap: Analyzing Expectations for Cisco, Cerebras, Applied Materials, Petrobras, Brookfield, and More](https://www.newconstructs.com/watch-our-earnings-recap-analyzing-expectations-for-cisco-cerebras-applied-materials-petrobras-brookfield-and-more/) - Stock prices reflect a specific set of cash flow expectations not explained by quarterly EPS.
- [Featured Stock from our Most Dangerous Model Portfolio for May 2026](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-may-2026/) - Get details on one of the stocks in May 2026's Most Dangerous Model Portfolio.
- [Featured Stock from our Most Attractive Model Portfolio for May 2026](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-may-2026/) - Get details on one of the stocks in May 2026's Most Attractive Model Portfolio.
- [Exec Comp Aligned with ROIC Model Portfolio: May 2026](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-may-2026/) - Professional and higher members can access May's Executive Compensation Aligned With ROIC Model Portfolio as of Friday, May 15.
- [Stocks That Failed the Core Earnings Test in 2Q2026](https://www.newconstructs.com/stocks-that-failed-the-core-earnings-test-in-2q2026/) - Just one bad stock can ruin your portfolio, and that fact is precisely why doing proper diligence is so important.
- [New Stocks That Passed the Core Earnings Leaders Test in 2Q2026](https://www.newconstructs.com/new-stocks-that-passed-the-core-earnings-leaders-test-in-2q2026/) - With a superior measure of profitability, investors can identify opportunities the market misses.
- [This Energy Firm Can Handle the Heat](https://www.newconstructs.com/this-energy-firm-can-handle-the-heat/) - This best-in-class refiner has experienced major disruption to its operations but those who look past this temporary decline can find great value long term.
- [Go Nuts for This Leading Packaged Foods Provider](https://www.newconstructs.com/go-nuts-for-this-leading-packaged-foods-provider/) - Despite seeing increased demand, this vertically integrated consumer packaged foods firm trades as if profits will permanently decline moving forward.
- [Making a Turn for the Better](https://www.newconstructs.com/making-a-turn-for-the-better/) - This major automobile manufacturer has experienced disruptions but investors who look past this short-term decline can find great value.
- [Keep on Trucking with This Industry Leader](https://www.newconstructs.com/keep-on-trucking-with-this-industry-leader/) - While the COVID-19 pandemic is hurting the trucking industry in the short-term, we believe the long-term growth of the industry remains intact and there's still value with this leading firm.
- [This Firm Will Meet Tomorrow’s Healthcare Needs](https://www.newconstructs.com/this-firm-will-meet-tomorrows-healthcare-needs/) - This Healthcare operator is well-positioned to continue growing profits over the long term.
- [Refuel Your Portfolio with This Leading Operator](https://www.newconstructs.com/refuel-your-portfolio-with-this-leading-operator/) - Investors should book gains from recent winners and redeploy them in stocks that did not participate in the melt-up.
- [Position Close Update: Thor Industries (THO)](https://www.newconstructs.com/position-close-update-thor-industries-tho/) - We believe it is time to take the gains and close this long position.
- [Put Your Chips on the Table With This Semiconductor Firm](https://www.newconstructs.com/put-your-chips-on-the-table-with-this-semiconductor-firm/) - If you’re willing to look beyond the short term, you’ll find that the advantages of the firm’s size and cash flow provide resources that will contribute to many more years of profit growth.
- [Position Close Update: Lumentum (LITE)](https://www.newconstructs.com/position-close-update-lumentum-lite/) - We think there are better opportunities in the current market and are closing this long recommendation. Lumentum (LITE)
- [Position Close Update: Lam Research Corp (LRCX)](https://www.newconstructs.com/position-close-update-lam-research-corp-lrcx/) - We think there are better opportunities in the current market and are closing this long recommendation. Lam Research Corp (LRCX)
- [Competitive Advantages Drive Sweet Growth Opportunities](https://www.newconstructs.com/competitive-advantages-drive-sweet-growth-opportunities/) - This firm is leveraging strong cash flows to invest in future growth opportunities. but is priced as if profits will permanently decline by 20%.
- [“See Through the Dip” Stocks Remain Attractive Part 2](https://www.newconstructs.com/see-through-the-dip-stocks-remain-attractive-part-2/) - Investors should avoid putting more capital into crowded passive strategies and consider our “See Through The Dip” stocks.
- [This ETF Is Building Value](https://www.newconstructs.com/this-etf-is-building-value/) - Our unique ETF research reveals that this ETF offers excellent risk/reward.
- [A Safe Call Regardless of the Election](https://www.newconstructs.com/a-safe-call-regardless-of-the-election/) - Regardless of 2020’s election results, this firm’s prospects for continued long-term profit growth are much brighter than the stock’s valuation implies.
- [5 Stocks to Own Regardless of the Election](https://www.newconstructs.com/5-stocks-to-own-regardless-of-the-election/) - Investors’ should put their money in quality companies that are positioned to survive any short-term volatility and have upside potential over the long-term.
- [A Long Road of Growth for This Retailer](https://www.newconstructs.com/a-long-road-of-growth-for-this-retailer/) - Multiple long-term tailwinds will drive profit growth for this company while its stock is priced for permanent profit decline.
- [Opportunity Is Sprouting](https://www.newconstructs.com/opportunity-is-sprouting/) - With future expansion plans, a strong brand, and a competitive position in a niche market, investors would be mistaken to move away from this growing grocer.
- [Position Close Update: KLA Corp (KLAC)](https://www.newconstructs.com/position-close-update-kla-corp-klac/) - We’re taking the gains and closing this long position.
- [Position Close Updates for 18 Long Ideas](https://www.newconstructs.com/position-close-updates-for-18-long-ideas/) - We provide details on why we’re closing each position.
- [Position Close Update: Sanderson Farms (SAFM)](https://www.newconstructs.com/position-close-update-sanderson-farms-safm/) - SAFM no longer presents quality risk/reward and earns an Unattractive rating.
- [“See Through the Dip” Stocks Significantly Outperform S&P 500](https://www.newconstructs.com/see-through-the-dip-stocks-significantly-outperform-sp-500/) - Focus on these industry leaders positioned to gain market share from the firms that are forced to fold.
- [It’s Time to Make a Trade In](https://www.newconstructs.com/its-time-to-make-a-trade-in/) - Despite the firm's year-over-year decline in TTM revenue, we think this stock offers excellent risk/reward.
- [3 Long Ideas Poised to Outperform](https://www.newconstructs.com/3-long-ideas-poised-to-outperform/) - Just as we did last year we’re starting 2021 by looking at the Long Ideas that performed poorly in 2020.
- [3 Outperformers With Room to Soar](https://www.newconstructs.com/3-outperformers-with-room-to-soar/) - We’re taking some victory laps for picks that outperformed from the date we published our reports through the end of 2020.
- [Our Best Sector ETF](https://www.newconstructs.com/our-best-sector-etf/) - We focus on the top-ranked sector in 1Q21, Consumer Non-cyclicals, in this week's Long Idea.
- [Micro-Bubbles: Winners & Losers](https://www.newconstructs.com/micro-bubbles-winners-losers/) - With analysts warning the S&P 500 is alarmingly high, we’re proposing investors focus more on stocks with quality fundamentals.
- [Position Close Update: GameStop (GME)](https://www.newconstructs.com/position-close-update-gamestop-gme/) - Owning GME at current levels presents too much risk versus reward.
- [A Micro-Bubble Brewing in the Home Goods Market](https://www.newconstructs.com/a-micro-bubble-brewing-in-the-home-goods-market/) - The old adage says, “cash is king,” and we prefer stocks in firms that consistently generate cash over those that burn cash.
- [This Auto Manufacturer Is Worth the Wait](https://www.newconstructs.com/this-auto-manufacturer-is-worth-the-wait/) - This established incumbent is making all the right moves to be a market leader as the automotive industry shifts focus to electric vehicles (EV).
- [We Still Love These 3 Long Ideas After Earnings](https://www.newconstructs.com/we-still-love-these-3-long-ideas-after-earnings/) - This week we’re featuring three stocks from our “See Through the Dip” series that recently reported earnings.
- [More Long Ideas That Look Good Post Earnings](https://www.newconstructs.com/more-long-ideas-that-look-good-post-earnings/) - After affirming our long thesis on three of our “See Through the Dip” stocks last week, we’re reiterating six more Long Ideas post recent earnings reports.
- [Position Close Update: The Michaels Companies Inc (MIK)](https://www.newconstructs.com/position-close-update-the-michaels-companies-inc-mik/) - As a result of the pending acquisition, we are closing this long position.
- [The Real Winner of the Fintech Micro-Bubble](https://www.newconstructs.com/the-real-winner-of-the-fintech-micro-bubble/) - We think investors are not seeing the value in how this firm is leveraging technology to strengthen its deep competitive advantages over fintech start-ups.
- [Position Close Update: Darden Restaurants (DRI)](https://www.newconstructs.com/position-close-update-darden-restaurants-dri/) - We’re taking the gains and closing this long position as the stock no longer provides the same risk/reward.
- [A Fund Methodology That Adds Value](https://www.newconstructs.com/a-fund-methodology-that-adds-value/) - This fund follows a methodology that leads it to allocate heavily to Attractive-or-better rated stocks.
- [The Magic Kingdom Is the Streaming Industry’s Micro-Bubble Winner](https://www.newconstructs.com/the-magic-kingdom-is-the-streaming-industrys-micro-bubble-winner/) - This week, we focus on a firm that is well-positioned to thrive in the increasingly competitive video streaming market.
- [Built to Profit From Long-Term Tailwinds](https://www.newconstructs.com/built-to-profit-from-long-term-tailwinds/) - This homebuilder has the largest share of the U.S. homebuilding market and superior profitability to peers.
- [Ready to Soar](https://www.newconstructs.com/ready-to-soar/) - Despite underperforming the market for several years, this long-time Long Idea has all the tools for a successful turnaround and holds significant upside potential.
- [Know When to Hold ’Em and Know When to Fold ’Em](https://www.newconstructs.com/know-when-to-hold-em-and-know-when-to-fold-em/) - We’re looking back at two stocks from our “See Through the Dip” series that have significantly outperformed the S&P 500.
- [Position Close Update: Oshkosh Corporation (OSK)](https://www.newconstructs.com/position-close-update-oshkosh-corporation-osk/) - Given the risk/reward profile skewing more towards risk, we’re taking the gains and closing this long position.
- [2Q21 Earnings: 3 Long Ideas Poised for Post-Pandemic Growth](https://www.newconstructs.com/2q21-earnings-3-long-ideas-poised-for-post-pandemic-growth/) - After 2Q21 earnings, long-term tailwinds give these three Long Ideas excellent opportunities to grow profits.
- [These Stocks Remain Undervalued Post 1Q21 Earnings](https://www.newconstructs.com/these-stocks-remain-undervalued-post-1q21-earnings/) - We’re reiterating three Long Ideas that recently reported calendar 1Q21 earnings.
- [3 More Stocks We Love Post 1Q21 Earnings](https://www.newconstructs.com/3-more-stocks-we-love-post-1q21-earnings/) - Last week, we reiterated three Long Ideas that recently reported calendar 1Q21 earnings. This week, we’re reiterating three more.
- [Position Close Update: Winmark Corp (WINA)](https://www.newconstructs.com/position-close-update-winmark-corp-wina/) - Despite it’s Very Attractive rating, we believe this stock no longer presents the same risk/reward it once did and are closing this long position.
- [Position Close Update: The Home Depot (HD)](https://www.newconstructs.com/position-close-update-the-home-depot-hd/) - We believe the stock no longer presents quality risk/reward and are closing this long position.
- [1Q21 Earnings Reveal Plenty of Upside in These 3 Laggards](https://www.newconstructs.com/1q21-earnings-reveal-plenty-of-upside-in-these-3-laggards/) - This week, we’re reiterating three Long Ideas that have underperformed the S&P 500 since our original reports.
- [Stick With These 3 Long Ideas Post 1Q21 Earnings](https://www.newconstructs.com/stick-with-these-3-long-ideas-post-1q21-earnings/) - After 1Q21 earnings, we still love these three Long Ideas that have excellent profit growth opportunities and attractive risk/reward.
- [Hold on to These Best-in-Class Businesses Post Earnings](https://www.newconstructs.com/hold-on-to-these-best-in-class-businesses-post-earnings/) - These two best-of-breed firms are positioned to continue to create shareholder value over the long term
- [Retail Earnings Reports Reveal Growth Opportunities](https://www.newconstructs.com/retail-earnings-reports-reveal-growth-opportunities/) - These two retailers have a long history of improving profits and taking market share.
- [2Q21 Earnings: What to Watch for And Who Should Beat](https://www.newconstructs.com/2q21-earnings-what-to-watch-for-and-who-should-beat/) - Unprecedented insights into why Street Earnings provide a flawed picture of earnings, and five S&P 500 companies likely to beat 2Q21 Street EPS estimates.
- [Position Close Update: Caterpillar (CAT)](https://www.newconstructs.com/position-close-update-caterpillar-cat/) - With limited upside potential, we are closing this long position.
- [3 Long Ideas That Remain Attractive Post 2Q21 Earnings](https://www.newconstructs.com/3-long-ideas-that-remain-attractive-post-2q21-earnings/) - After 2Q21 earnings, we still love these three Long Ideas that have excellent opportunities for profit growth and attractive risk/reward.
- [These Firms Will Keep Creating Shareholder Value After 2Q21](https://www.newconstructs.com/these-firms-will-keep-creating-shareholder-value-after-2q21/) - 2Q21 earnings reveal these three Long Ideas continue to have strong upside potential.
- [Position Close Update: Lakeland Financial (LKFN)](https://www.newconstructs.com/position-close-update-lakeland-financial-lkfn/) - Though this bank has delivered years of superior profitability, a recent rise in its stock price, along with mounting competition, make risk/reward less attractive.
- [Position Close Update: Radian Group (RDN)](https://www.newconstructs.com/position-close-update-radian-group-rdn/) - After the prime mortgage insurance market had a record year in 2020, this firm will have trouble keeping the good times rolling.
- [2Q21 Earnings Reveal an Opportunity Is Building](https://www.newconstructs.com/2q21-earnings-reveal-an-opportunity-is-building/) - This infrastructure firm has fallen since March 2020, but over 90% of its backlog is positioned in markets that will see significant investment in the coming years.
- [Sanderson Farms: Selling Early Can Be Costly](https://www.newconstructs.com/sanderson-farms-selling-early-can-be-costly/) - Sometimes, as in the case of Sanderson Farms, it pays to stand by your convictions.
- [Position Close Update: PVH Corp (PVH)](https://www.newconstructs.com/position-close-update-pvh-corp-pvh/) - Due to the stock no longer trading at a historic discount and its outperformance, we are taking the gains and closing this long position.
- [Position Close Update: Western Union (WU)](https://www.newconstructs.com/position-close-update-western-union-wu/) - With headwinds facing the business, the stock no longer provides the same risk/reward it once did, and we’re closing this long position.
- [Hidden Value in This Low Profile Work From Home Beneficiary](https://www.newconstructs.com/hidden-value-in-this-low-profile-work-from-home-beneficiary/) - While the market has become skeptical about this firm’s ability to sustain its stellar fiscal 2021 results, the firm is well-positioned to continue to profit from growth in gaming and work from home.
- [This Healthcare Supplier Creates Value for Customers and Shareholders](https://www.newconstructs.com/this-healthcare-supplier-creates-value-for-customers-and-shareholders/) - Despite its larger presence in a market projected for continued growth, this firm's current valuation implies profits will never surpass 2019 levels.
- [Unrivaled Store Footprint Drives Upside Potential](https://www.newconstructs.com/unrivaled-store-footprint-drives-upside-potential/) - This retailer is positioned well to grow its top and bottom lines over the long term, but the stock is priced as if profits will fall below pre-pandemic levels.
- [3Q21 Earnings: Where the Street Is Too Low & Who Should Beat](https://www.newconstructs.com/3q21-earnings-where-the-street-is-too-low-who-should-beat/) - Unprecedented insights into why Street Earnings provide a flawed picture of earnings, and five S&P 500 companies likely to beat 3Q21 Street EPS estimates.
- [Better Holdings Than the Benchmark](https://www.newconstructs.com/better-holdings-than-the-benchmark/) - After analyzing the holdings of ~6,000 mutual funds, we found a fund with an investment process that invests in quality businesses at cheap valuations.
- [Thinking Inside and Outside the (Retail) Box](https://www.newconstructs.com/thinking-inside-and-outside-the-retail-box/) - Despite short-term headwinds, this Retail Apocalypse winner’s high-touch customer service and expansive store network position it for continued success.
- [This Staffing Company Will Rebound From the Pandemic Dip](https://www.newconstructs.com/this-staffing-company-will-rebound-from-the-pandemic-dip/) - Despite making a post-pandemic recovery, this company is priced as if profits will never return to pre-pandemic levels.
- [This Company Has the Tools to Outperform](https://www.newconstructs.com/this-company-has-the-tools-to-outperform/) - With deep customer relationships and innovative solutions for future equipment needs, this global supplier has a durable business ready for a changing industry.
- [Superior Service and Exclusive Network Set This Company Apart](https://www.newconstructs.com/superior-service-and-exclusive-network-set-this-company-apart/) - This company’s best-in-class customer service and extensive payment network insulate it from incumbents and disruptors.
- [Position Close Update: PetMed Express (PETS)](https://www.newconstructs.com/position-close-update-petmed-express-pets/) - The rise of formidable competition, ballooning advertising costs, and long-term decline in profitability means the stock no longer provides the same risk/reward it once did.
- [The Incumbent Advantage Creates a Large Moat](https://www.newconstructs.com/the-incumbent-advantage-creates-a-large-moat/) - Deep customer relationships and strong cash flows will keep this tech company’s moat intact for years.
- [Industry Leading Builder Looks Even Stronger Post 3Q21 Earnings](https://www.newconstructs.com/industry-leading-builder-looks-even-stronger-post-3q21-earnings/) - After a record 2020, this company is still firing on all cylinders in 2021.
- [Position Close Update: Hyatt Hotels Corp (H)](https://www.newconstructs.com/position-close-update-hyatt-hotels-corp-h/) - Given the increase in price since May 2020 we’re taking gains and closing this long position.
- [Position Close Update: Simon Property Group (SPG)](https://www.newconstructs.com/position-close-update-simon-property-group-spg/) - With limited upside potential, we’re taking gains and closing this long position.
- [Improving Profits in a Growing Market Creates Shareholder Value](https://www.newconstructs.com/improving-profits-in-a-growing-market-creates-shareholder-value/) - Despite missing top-line estimates in 3Q21 and giving back some of the pandemic-induced sales of 2020, this company is more profitable than it was pre-pandemic and is expanding its reach.
- [Doomsday Valuation Misses Persisting Oil Demand](https://www.newconstructs.com/doomsday-valuation-misses-persisting-oil-demand/) - This state-controlled operator is unabashedly prepared to grow its crude oil production while others divest.
- [This Supermajor Is Not Running on Empty](https://www.newconstructs.com/this-supermajor-is-not-running-on-empty/) - This integrated energy firm is positioned to meet growing global demand for energy and has a management compensation structure aligned with the interests of shareholders.
- [Industry Leading Scale Drives Continued Profit Growth](https://www.newconstructs.com/industry-leading-scale-drives-continued-profit-growth/) - The country’s largest food service supplier is outexecuting the competition and taking market share.
- [This Market Leader Will Drive More Profits](https://www.newconstructs.com/this-market-leader-will-drive-more-profits/) - Strong brand awareness, manufacturing expertise, and a large distribution network give this company a leg up in an industry facing change.
- [3 Focus List Laggards We Still Like](https://www.newconstructs.com/3-focus-list-laggards-we-still-like/) - We’re starting 2022 by looking at three Focus List stocks that underperformed in 2021 but that we remain bullish on.
- [4Q21 Earnings: Where the Street Is Too Low & Who Should Beat](https://www.newconstructs.com/4q21-earnings-where-the-street-is-too-low-who-should-beat/) - Insights on which companies are most likely to beat 4Q21 earnings based on our proprietary Core Earnings research.
- [Focus List Stocks: Long – Update 5/13/26](https://www.newconstructs.com/focus-list-stocks-long-update-5-13-26/) - We’ve made the following update to our Focus List Stocks: Long Model Portfolio as of May 13, 2026.
- [Ideas Dinner – Pro & Institutional Only Webinar – May 19 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-may-19-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, May 19 at 3pm CT.
- [Focus List Outperformer We Still Like – Part 1](https://www.newconstructs.com/focus-list-outperformer-we-still-like-part-1/) - This report looks at a Focus List Long stock that outperformed in 2021 and is positioned to outperform again in 2022. Part 1.
- [Focus List Outperformer We Still Like – Part 2](https://www.newconstructs.com/focus-list-outperformer-we-still-like-part-2/) - This report looks at a Focus List Long stock that outperformed in 2021 and is positioned to outperform again in 2022. Part 2.
- [Focus List Outperformer We Still Like – Part 3](https://www.newconstructs.com/focus-list-outperformer-we-still-like-part-3/) - This report looks at a Focus List Long stock that outperformed in 2021 and is positioned to outperform again in 2022. Part 3.
- [Picking Low-Cost Funds That Pick Winners](https://www.newconstructs.com/picking-low-cost-funds-that-pick-winners/) - After rigorous analysis of ~7,500 mutual funds, we found a low-cost fund that successfully picks businesses with quality earnings and cheap valuations.
- [Weather the Storm with This Building Materials Supplier](https://www.newconstructs.com/weather-the-storm-with-this-building-materials-supplier/) - With the Nasdaq down 14% year-to-date, and many stocks down much more, the market is losing its appetite for high-flying momentum names and turning to stocks of undervalued companies with strong fundamentals.
- [Too Big To Fail Goes High-Tech](https://www.newconstructs.com/too-big-to-fail-goes-high-tech/) - Despite struggles to launch new products, rising geopolitical pressure, and increased competition, this company is making the necessary investments to address the challenges it faces.
- [Building Scale and Profits](https://www.newconstructs.com/building-scale-and-profits/) - Despite its large outperformance, this stock could be worth $181+/share – another 100%+ upside.
- [Configured for Continued Profit Growth](https://www.newconstructs.com/configured-for-continued-profit-growth/) - Our “See Through the Dip” thesis has proven true as the firm’s operations and economic earnings recover from the COVID-19-induced “dip”.
- [Profits in Mirrors Are Larger Than They Appear](https://www.newconstructs.com/profits-in-mirrors-are-larger-than-they-appear/) - Despite fears of product obsolescence, demand for rearview mirrors will persist with the demand for self-driving capabilities.
- [Time to Stock Up on These Shares](https://www.newconstructs.com/time-to-stock-up-on-these-shares/) - Scale and strong brand awareness equip this company to profit from the growing demand for its products.
- [This Manufacturer Keeps on Rolling](https://www.newconstructs.com/this-manufacturer-keeps-on-rolling/) - Market share gains during the industry-wide downturn in production prove the strength of the business model.
- [Supplying the Growing Pharmaceutical Demand](https://www.newconstructs.com/supplying-the-growing-pharmaceutical-demand/) - This company is well-positioned to benefit from several trends that will drive long-term growth of pharmaceutical sales.
- [Making the Right Moves](https://www.newconstructs.com/making-the-right-moves/) - Despite underperforming the market, the stock could be worth $67+/share today – a 123%+ upside.
- [Labor Challenges Will Pass, Profits Will Stay](https://www.newconstructs.com/labor-challenges-will-pass-profits-will-stay/) - This stock still presents excellent risk/reward and could be worth $228+/share today – a 58%+ upside.
- [This Bank Won’t Be Displaced](https://www.newconstructs.com/this-bank-wont-be-displaced/) - Despite underperforming the market, the stock could conservatively be worth $170+/share today – a 55%+ upside.
- [Value Stored for the Road Ahead](https://www.newconstructs.com/value-stored-for-the-road-ahead/) - A growing physical store network equips this company to offer more consumers an extensive product selection alongside knowledgeable service.
- [Delivering a Superior Business Model](https://www.newconstructs.com/delivering-a-superior-business-model/) - This company saw large market share gains throughout the pandemic and is positioned for years of more profit growth, but its stock has fallen 30% year to date and is trading at pre-pandemic levels.
- [Ready for Another Century](https://www.newconstructs.com/ready-for-another-century/) - This longstanding automobile manufacturer has a cash-generating legacy business that fuels investment in growth opportunities.
- [1Q22 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/1q22-earnings-where-street-estimates-are-too-low-who-should-beat/) - Five S&P 500 companies with understated Street estimates likely to beat 1Q22 earnings.
- [A Network to Rely Upon](https://www.newconstructs.com/a-network-to-rely-upon/) - While economists warn of the possibility of an impending recession, investors should focus on putting their money in the stocks of companies with enduring business models that generate significant free cash flow and offer an attractive yield.
- [Focus on Fundamentals in Stormy Markets – Part 1](https://www.newconstructs.com/focus-on-fundamentals-in-stormy-markets-part-1/) - As the MOMO, YOLO, and BTFD days sink deeper into the past, we remind investors to focus on fundamentals.
- [Focus on Fundamentals in Stormy Markets – Part 2](https://www.newconstructs.com/focus-on-fundamentals-in-stormy-markets-part-2/) - Fundamental research might seem boring, but it is the only way to find companies that generate real profits and have stocks that carry less risk.
- [Favorable Risk/Reward Clouded by Short-term Uncertainty](https://www.newconstructs.com/favorable-risk-reward-clouded-by-short-term-uncertainty/) - This stock has 33%+ upside if profits return to 2020 levels.
- [A Golden Stock Worth a Premium](https://www.newconstructs.com/a-golden-stock-worth-a-premium/) - Recent market share gains and a superior distribution network limit the downside in owning this stock.
- [Disciplined Growth Makes This a Quality Holding](https://www.newconstructs.com/disciplined-growth-makes-this-a-quality-holding/) - The stock still presents excellent risk/reward and has 79%+ upside.
- [Big Value in Big Tech](https://www.newconstructs.com/big-value-in-big-tech/) - Even after such strong outperformance, this stock has another 43%+ upside while the index looks weaker by the day.
- [Stability Amid Volatility](https://www.newconstructs.com/stability-amid-volatility/) - The near-recession-proof resilience of this company's products gives this stock strong, long-term upside.
- [Our Fund Picks Outperform Too: Long Idea Update](https://www.newconstructs.com/our-fund-picks-outperform-too-long-idea-update/) - Like our Danger Zone fund picks, our Long Idea fund picks have outperformed.
- [Vive la Hydrocarbons, Vive la Petrochemicals](https://www.newconstructs.com/vive-la-hydrocarbons-vive-la-petrochemicals/) - While benefitting from higher oil prices brought on by Russian oil sanctions, this company offers investors much more than a short-term oil play.
- [Windfall Tax Risk Is Already Priced In TotalEnergies’ Stock](https://www.newconstructs.com/windfall-tax-risk-is-already-priced-in-totalenergies-stock/) - This update shows that even with a Europe-wide windfall tax, TotalEnergies’ stock still has 85% upside.
- [Big Upside in This Small Cap ETF](https://www.newconstructs.com/big-upside-in-this-small-cap-etf/) - After rigorous analysis of ~1,000 ETFs, we identified another ETF with quality holdings at cheap valuations.
- [Inflation Won't Interrupt Cash Flows for This Business](https://www.newconstructs.com/inflation-wont-interrupt-cash-flows-for-this-business/) - This company’s ability to consistently adjust its tariffs means it is well positioned to deliver strong cash flows even in a high inflation environment.
- [Competitive Advantages Portend Continued Profit Growth](https://www.newconstructs.com/this-companys-future-is-clear-even-without-hallucinogens/) - This stock offers investors significant long-term upside based on its strong sales team and extensive product offerings.
- [Unique Expertise and Secular Tailwinds Drive Profit Growth](https://www.newconstructs.com/producing-products-and-profits/) - This stock offers favorable risk/reward based on the company's strong customer relationships and industry expertise.
- [This Transition Story Is a Growth Story](https://www.newconstructs.com/this-transition-story-is-a-growth-story/) - The company’s ability to execute its transition strategy gives this stock much more upside.
- [2Q22 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/2q22-earnings-where-street-estimates-are-too-low-who-should-beat/) - Five S&P 500 companies with understated Street estimates likely to beat 2Q22 earnings.
- [On the Cutting Edge of Transformation](https://www.newconstructs.com/on-the-cutting-edge-of-transformation/) - As a technological leader, this company is prepared to meet the growing opportunity 5G presents in smartphones, automotive technology, edge computing, and the internet of things.
- [3Q22 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/3q22-earnings-who-should-beat/) - Five S&P 500 companies likely to beat calendar 3Q22 earnings because their Street EPS estimates are understated.
- [4Q22 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/4q22-earnings-where-street-estimates-are-too-low-who-should-beat/) - Five S&P 500 companies likely to beat calendar 4Q22 earnings because their Street EPS estimates are understated.
- [1Q23 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/1q23-earnings-where-street-estimates-are-too-low-who-should-beat/) - Five S&P 500 companies likely to beat calendar 1Q23 earnings because their Street EPS estimates are understated.
- [2Q23 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/2q23-earnings-where-street-estimates-are-too-low-who-should-beat/) - Five S&P 500 companies likely to beat calendar 2Q23 earnings because their Street EPS estimates are understated.
- [Podcast: Why Cash Is in the Danger Zone](https://www.newconstructs.com/podcast-why-cash-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: AI Is Devouring All the Cash.
- [ICYMI: New Long Idea, Core Earnings Test Failures, #1-Ranked Stock Picker for 59 Straight Months, Why Stocks Fall After Earnings Beats, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-core-earnings-test-failures-1-ranked-stock-picker-for-59-straight-months-why-stocks-fall-after-earnings-beats-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of May 4, 2026.
- [Watch Our Recap: Earnings from Advanced Micro Devices, Palantir, Shopify, McDonalds, Disney, Uber, and More](https://www.newconstructs.com/watch-our-recap-earnings-from-advanced-micro-devices-palantir-shopify-mcdonalds-disney-uber-and-more/) - Are “good” results good enough to meet the high expectations priced into certain stocks?
- [Moat Magic](https://www.newconstructs.com/moat-magic/) - Moats are not walls that lock consumers in but bridges that invite them back, time and again.
- [Chips Ahoy](https://www.newconstructs.com/chips-ahoy/) - The need for domestic semiconductor manufacturing is evident and this stock presents quality risk/reward in the current landscape.
- [Into Overdrive](https://www.newconstructs.com/into-overdrive/) - We continue to favor overlooked ‘picks and shovels’ companies with solid fundamentals trading at attractive valuations.
- [3Q23 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/3q23-earnings-where-street-estimates-are-too-low-who-should-beat/) - Five S&P 500 companies likely to beat calendar 3Q23 earnings because their Street EPS estimates are understated.
- [Photomasks & Microchips](https://www.newconstructs.com/photomasks-microchips/) - In an era marked by global supply chain disruptions, the importance of diversified semiconductor manufacturing has never been clearer.
- [Finding Value in the Energy Sector](https://www.newconstructs.com/finding-value-in-the-energy-sector/) - Our forward-looking ETF and mutual fund research helps investors find funds with the kind of diligence usually available only on individual stocks.
- [Finding Value in the Energy Sector (Free, Abridged)](https://www.newconstructs.com/finding-value-in-the-energy-sector-free-abridged/) - This report is an abridged and free version of Finding Value in the Energy Sector.
- [Finding Value in the Basic Materials Sector (Free, Abridged)](https://www.newconstructs.com/finding-value-in-the-basic-materials-sector-free-abridged/) - This report is an abridged and free version of Finding Value in the Basic Materials Sector.
- [An AI/Semiconductor Stock that the Market Is Missing](https://www.newconstructs.com/an-ai-semiconductor-stock-that-the-market-is-missing/) - It’s not often investors have the opportunity to get into a business that provides the key components to the booming AI industry.
- [Industry Leader Bouncing Back](https://www.newconstructs.com/industry-leader-bouncing-back/) - Staying grounded in fundamentals, not chasing momentum or headlines, is essential.
- [This Fund Finds Real Value in an Expensive Market](https://www.newconstructs.com/this-fund-finds-real-value-in-an-expensive-market/) - This week, we’re bringing a Very Attractive mutual fund in the top-ranked Style to your attention.
- [A Toll Worth Paying](https://www.newconstructs.com/a-toll-worth-paying/) - During periods of heightened volatility, disciplined fundamental research becomes even more critical.
- [From Sand to Profits](https://www.newconstructs.com/from-sand-to-profits/) - While the summer sun may be blazing outside, steady, thoughtful decision-making remains the best way to navigate the markets.
- [Open the Door to Upside Potential](https://www.newconstructs.com/open-the-door-to-upside-potential/) - By digging into the underlying financials, investors can uncover the true value of a stock.
- [Building Value: A Stock For All Seasons](https://www.newconstructs.com/profitably-building-market-share-yet-trading-at-a-discount/) - Despite an uncertain housing outlook in the short-term, our thesis remains intact, and the stock remains undervalued.
- [No Beef with Growing Profits](https://www.newconstructs.com/no-beef-with-growing-profits/) - Opportunities to buy quality businesses at undervalued prices are rising given the disconnect between past performance and future expectations.
- [Defensive Stock with 8%+ Yield and Strong Upside Potential](https://www.newconstructs.com/defensive-stock-with-8-yield-and-strong-upside-potential/) - Our research delivers unrivaled diligence and enables you to block out the noise and focus on the true earnings and valuation of companies.
- [A Very Attractive-Rated Mutual Fund for a Turbulent Market](https://www.newconstructs.com/a-very-attractive-rated-mutual-fund-for-a-turbulent-market/) - After scouring our database of ~7,600+ ETFs and mutual funds, we found a Very Attractive-rated fund that successfully picks good companies at good prices while charging below average fees.
- [Snack On This Opportunity](https://www.newconstructs.com/snack-on-this-opportunity/) - This company boasts industry leading market share, is growing its profits, and its stock is undervalued.
- [A Healthy Business](https://www.newconstructs.com/a-healthy-business/) - Even after outpacing the overall market, this company remains a strong business and Very Attractive stock.
- [Quality Yield Backed by Strong Cash Flows in a Volatile Market](https://www.newconstructs.com/quality-yield-backed-by-strong-cash-flows-in-a-volatile-market/) - We found a fund that successfully picks stocks with quality free cash flows while charging below-average fees.
- [Building A Successful Enterprise](https://www.newconstructs.com/building-a-successful-enterprise/) - We expect this company to benefit from a market that allocates value more efficiently and awards the businesses and stocks that can create the most shareholder value. We expect this company to benefit from a market that allocates value more efficiently and awards the businesses and stocks that can create the most shareholder value.
- [Front Seat to Profitability](https://www.newconstructs.com/front-seat-to-profitability/) - This company has a quality business with strong profits and its stock remains undervalued.
- [Unshakable Foundation](https://www.newconstructs.com/unshakable-foundation/) - There are not many good stocks left in the market these days. This week’s Long Idea is one of those few.
- [Royal Stock](https://www.newconstructs.com/royal-stock/) - The market isn’t fully appreciating the strength of this business and its stock remains undervalued.
- [Caring for Patients and Investors Alike](https://www.newconstructs.com/providing-for-patients-and-investors-alike/) - Even after significantly outperforming, this stock continues to provide strong upside potential.
- [All Gassed Up for Profit Growth](https://www.newconstructs.com/all-gassed-up-for-profit-growth/) - With the recent jump in stock price, investors may think it’s time to pump the brakes. On the contrary, we think it’s time to step on the gas.
- [All Treats and No Tricks: This Fund Deserves Your Attention](https://www.newconstructs.com/all-treats-and-no-tricks-this-fund-deserves-your-attention/) - Fund investing doesn’t have to be a grab-bag purchase! There is a better way.
- [Going Gray Grows Profits](https://www.newconstructs.com/going-gray-grows-profits/) - We found an industry leader poised to capitalize on growing demand trading at a discount to its no-growth value.
- [Catch a Free Ride on the LNG Wave](https://www.newconstructs.com/catch-a-free-ride-on-the-lng-wave/) - As the government shutdown enters its early days, our work to find hidden opportunities in an overvalued market forges on as always.
- [Profit from AI Without the Tech Bubble Risk](https://www.newconstructs.com/profit-from-ai-without-the-tech-bubble-risk/) - How can investors take advantage of the AI race when most technology stocks are already overvalued?
- [Steal Profits from A Little-Known Technology Movement](https://www.newconstructs.com/steal-profits-from-a-little-known-technology-movement/) - Our Long Idea this week features a rather unknown stock in an overlooked corner of the technology sector.
- [A Super Stock That Still Looks Super Attractive](https://www.newconstructs.com/a-super-stock-that-still-looks-super-attractive/) - In an increasingly discerning market, companies with strong businesses get rewarded.
- [Television and Media Empire on the Cheap](https://www.newconstructs.com/television-and-media-empire-on-the-cheap/) - See first-hand how our proven-superior data and analytics deliver superior stock picks.
- [The Profit Engine That Remains Undervalued](https://www.newconstructs.com/the-profit-engine-that-remains-undervalued/) - Identifying stocks that combine strong fundamentals with cheap valuations should remain a priority for diligent investors.
- [AI Tailwinds & a Cheap Stock](https://www.newconstructs.com/ai-tailwinds-a-cheap-stock/) - With billions flowing into the industry and driving up valuations, there couldn’t possibly be any stocks in the AI space that still look cheap, right? Wrong.
- [Fueling Up on Quality Assets](https://www.newconstructs.com/fueling-up-on-quality-assets/) - As the company expands its asset base to capture future growth opportunities, it continues to provide Attractive Risk/Reward.
- [A Best-in-Class Protein Producer Hidden in Plain Sight](https://www.newconstructs.com/a-best-in-class-protein-producer-hidden-in-plain-sight/) - We see an expectations investing opportunity if the company achieves anything close to its historical growth rates.
- [Soaring With the Wings of Growing Prosperity](https://www.newconstructs.com/soaring-with-the-wings-of-growing-prosperity/) - The best opportunities arise when strong profits and growth prospects collide with low expectations.
- [Where Affordability and Profitability Converge](https://www.newconstructs.com/where-affordability-and-profitability-converge/) - As we enter 2026, our thesis remains intact and this industry leader remains undervalued.
- [Separating the Good from the Bad Consumer Cyclical Stocks ](https://www.newconstructs.com/separating-good-from-bad-consumer-cyclical-stocks/) - Through our forensic Robo-Analyst AI analysis of 3,300+ stocks, we’ve identified a cluster of great stocks in the Consumer Cyclicals sector.
- [An Undervalued “Corner-Lot” With a View](https://www.newconstructs.com/an-undervalued-corner-lot-with-a-view/) - Investors need to do their diligence on profitability and valuation to find the real winners.
- [The Picks-and-Shovels Play for an Oil Supply Crisis](https://www.newconstructs.com/the-picks-and-shovels-play-for-an-oil-supply-crisis/) - This company offers Attractive risk/reward in an industry with long-term growth prospects.
- [1Q26 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/1q26-earnings-where-street-estimates-are-too-low-who-should-beat/) - We’ll show the five S&P 500 companies with understated Street Earnings most likely to beat 1Q26 earnings.
- [No Coupons Needed to Get This Stock at a Discount](https://www.newconstructs.com/no-coupons-needed-to-get-this-stock-at-a-discount/) - Despite two strong profit growth drivers, this company’s stock remains undervalued.
- [Value-Added Steel at an Undervalued Price](https://www.newconstructs.com/value-added-steel-at-an-undervalued-price/) - Vertical integration, strong revenue growth, and improving profitability trading at a discount.
- [Featured Stock from our Dividend Growth Stocks Model Portfolio for April 2026](https://www.newconstructs.com/featured-stock-from-our-dividend-growth-stocks-model-portfolio-for-april-2026/) - Get details on one of the stocks in April 2026's Dividend Growth Stocks Model Portfolio.
- [Podcast: Why Stocks That Missed the Core Earnings Cut Are in the Danger Zone](https://www.newconstructs.com/podcast-why-stocks-that-missed-the-core-earnings-cut-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Stocks That Failed the Core Earnings Test in 2Q2026.
- [Starved Supply Feeds Strong Profit Growth](https://www.newconstructs.com/starved-supply-feeds-strong-profit-growth/) - These combined forces create a favorable backdrop for producers with scale and cost advantages.
- [Bad Holdings = Bad Fund](https://www.newconstructs.com/bad-holdings-bad-fund/) - This fund allocates way too much capital to companies with low profitability and expensive valuations.
- [May 2026 Stock-Picking Accolades: #1 Ranking for 59 Straight Months](https://www.newconstructs.com/may-2026-stock-picking-accolades-1-ranking-for-59-straight-months/) - We are May 2026's #1 ranked stock picker in Value and Consumer Discretionary categories on SumZero rankings.
- [Model Portfolio Performance Through 1Q26](https://www.newconstructs.com/model-portfolio-performance-through-1q26/) - Our Model Portfolios offer clients multiple strategies to outperform in good and bad markets. See the performance of these Model Portfolios in 1Q26.
- [Live Podcast Friday: Is Earnings Season Meeting Expectations?](https://www.newconstructs.com/live-podcast-friday-is-earnings-season-meeting-expectations/) - All are welcome to join us for our next live podcast on Friday, May 8 at 12pm EST.
- [Most Attractive Stocks Model Portfolio: May 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-may-2026/) - Professional Members and higher can access May's 40 Most Attractive Stocks as of Wednesday, May 6.
- [Most Dangerous Stocks Model Portfolio: May 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-may-2026/) - Professional Members and higher can access May's 36 Most Dangerous Stocks as of Wednesday, May 6.
- [Palantir’s Beats Are “Not Good Enough”](https://www.newconstructs.com/palantirs-beats-are-not-good-enough/) - Expectations matter, especially when analyzing the risk/reward of a high-flying stock such as Palantir.
- [ICYMI: New Long Idea and Danger Zone Pick, Takeaways from the FinSights Showcase in Vegas, AI Talk at Kellogg, Best & Worst ETFs & Mutual Funds in 2Q26, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-and-danger-zone-pick-takeaways-from-the-finsights-showcase-in-vegas-ai-talk-at-kellogg-best-worst-etfs-mutual-funds-in-2q26-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of April 27, 2026.
- [Watch Our Recap: Earnings from Alphabet, Apple, Microsoft, Amazon, Meta, Booking, Coca-Cola, and More](https://www.newconstructs.com/watch-our-recap-earnings-from-alphabet-apple-microsoft-amazon-meta-booking-coca-cola-and-more/) - The headlines were very positive and for good reason. This market is strong, but there are chinks in the armor.
- [Footnotes Warned Us Before Oracle’s AI Bets Unraveled](https://www.newconstructs.com/footnotes-warned-us-before-oracles-ai-bets-unraveled/) - The signs were there all along, you just had to know where to look.
- [AI In Finance: David Trainer’s Presentation at Kellogg School of Management](https://www.newconstructs.com/ai-in-finance-david-trainers-presentation-at-kellogg-school-of-management/) - Bryan Seegmiller, Assistant Professor of Finance at Northwestern’s Kellogg School of Management recently hosted CEO David Trainer for a guest lecture on AI in Finance.
- [Featured Stock from our Safest Dividend Yields Model Portfolio for April 2026](https://www.newconstructs.com/featured-stock-from-our-safest-dividend-yields-model-portfolio-for-april-2026/) - Get details on one of the stocks in April 2026's Safest Dividend Yields Model Portfolio.
- [AI Is Designed To Lie To You](https://www.newconstructs.com/ai-is-designed-to-lie-to-you/) - For AI to evolve into a trusted partner for completing serious work, we need to be honest about how it performs.
- [Focus List Stocks: Long – Update 4/30/26](https://www.newconstructs.com/focus-list-stocks-long-update-4-30-26/) - We’ve made the following update to our Focus List Stocks: Long Model Portfolio as of April 30, 2026.
- [Dividend Growth Stocks Model Portfolio: April 2026](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-april-2026/) - Professional Members and higher can access April's Dividend Growth Stocks Model Portfolio as of Thursday, April 30.
- [Separating Energy Sector Winners from Losers](https://www.newconstructs.com/separating-energy-sector-winners-from-losers/) - Maximize allocation to good stocks in the sector, minimize allocation to bad stocks, and tap into larger macro tailwinds.
- [AI and Investing: David Trainer’s Presentation at Harvard Business School](https://www.newconstructs.com/ai-and-investing-david-trainers-presentation-at-harvard-business-school/) - Yuan Zou, Assistant Professor at Harvard Business School, hosted CEO David Trainer for a panel discussion on AI’s impact on investing.
- [How to Avoid the Worst Style Mutual Funds 2Q26](https://www.newconstructs.com/how-to-avoid-the-worst-style-mutual-funds-2q26/) - Here are red flags investors can use to avoid the worst style mutual funds for 2Q26.
- [How to Avoid the Worst Style ETFs 2Q26](https://www.newconstructs.com/how-to-avoid-the-worst-style-etfs-2q26/) - Here are three red flags investors can use to avoid the worst style ETFs for 2Q26.
- [How to Avoid the Worst Sector Mutual Funds 2Q26](https://www.newconstructs.com/how-to-avoid-the-worst-sector-mutual-funds-2q26/) - Here are red flags investors can use to avoid the worst sector mutual funds for 2Q26.
- [How to Avoid the Worst Sector ETFs 2Q26](https://www.newconstructs.com/how-to-avoid-the-worst-sector-etfs-2q26/) - Here are three red flags investors can use to avoid the worst sector ETFs for 2Q26.
- [How to Find the Best Style Mutual Funds 2Q26](https://www.newconstructs.com/how-to-find-the-best-style-mutual-funds-2q26/) - Learn how to pick the best style mutual funds with so many to choose from in 2Q26.
- [How to Find the Best Style ETFs 2Q26](https://www.newconstructs.com/how-to-find-the-best-style-etfs-2q26/) - Learn how to pick the best style ETFs with so many to choose from in 2Q26.
- [How to Find the Best Sector Mutual Funds 2Q26](https://www.newconstructs.com/how-to-find-the-best-sector-mutual-funds-2q26/) - Learn how to pick the best sector mutual funds with so many to choose from in 2Q26.
- [How to Find the Best Sector ETFs 2Q26](https://www.newconstructs.com/how-to-find-the-best-sector-etfs-2q26/) - Learn how to pick the best sector ETFs with so many to choose from in 2Q26.
- [Podcast: Why This Mid Cap Value Fund Is in the Danger Zone](https://www.newconstructs.com/podcast-why-this-mid-cap-value-fund-is-in-the-danger-zone/) - Senior Investment Analyst Kyle Guske II sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: This Mid Cap Value Fund Stands Out for the Wrong Reasons.
- [This Mid Cap Value Fund Stands Out for the Wrong Reasons](https://www.newconstructs.com/this-mid-cap-value-fund-stands-out-for-the-wrong-reasons/) - This fund allocates too much capital to companies with low profitability and expensive valuations.
- [Cheap Funds Dupe Investors – 2Q26](https://www.newconstructs.com/cheap-funds-dupe-investors-2q26/) - Hunting for bargains is a best practice in any endeavor. But when it comes to investing in 2Q26, a cheap fund is not necessarily a good fund.
- [ICYMI: New Long Idea, AI is Designed to Lie To You, FinSights Showcase at Google Cloud Next, Style Rankings for 2Q26, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-ai-is-designed-to-lie-to-you-finsights-showcase-at-google-cloud-next-style-rankings-for-2q26-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of April 20, 2026.
- [FinSights Showcase at Google Cloud Next 2026](https://www.newconstructs.com/finsights-showcase-at-google-cloud-next-2026/) - Abhilash Thumma and Ashwin Mishra are presenting “Finsights: Financial Insights and Analysis Using AI Agents” at Google Cloud Next 2026.
- [Featured Stock from our Exec Comp Aligned with ROIC Model Portfolio for April 2026](https://www.newconstructs.com/featured-stock-from-our-exec-comp-aligned-with-roic-model-portfolio-for-april-2026/) - Get details on one of the stocks in April 2026's Executive Compensation Aligned with ROIC Model Portfolio.
- [Featured Stock from our Exec Comp Aligned with ROIC Model Portfolio for March 2026](https://www.newconstructs.com/featured-stock-from-our-exec-comp-aligned-with-roic-model-portfolio-for-march-2026/) - Get details on one of the stocks in March 2026's Executive Compensation Aligned with ROIC Model Portfolio.
- [Buy This, Not That: The Answer Key to Beat the Market in 2026](https://www.newconstructs.com/buy-this-not-that-the-answer-key-to-beat-the-market-in-2026/) - The gap between what the market believes and what the data supports is where a lot of the opportunity lives.
- [2Q26 Style Ratings Recap](https://www.newconstructs.com/2q26-style-ratings-recap/) - In each quarter, we rank each style from best to worst. The following is our style ratings for the second quarter of 2026.
- [Focus List Stocks Long/Short Outperforms by 25% in 1Q26](https://www.newconstructs.com/focus-list-stocks-long-short-outperforms-by-25-in-1q26/) - Our Focus List Stocks: Long Model Portfolio and our Focus List Stocks: Short Model Portfolio beat the Risk-Free Rate as a long/short portfolio by 25% in 1Q26.
- [The Last Refiner Standing](https://www.newconstructs.com/the-last-refiner-standing/) - Despite peer-leading profitability and long run tailwinds, the stock is priced as if profits will permanently fall.
- [Small Cap Growth Style 2Q26: Best and Worst](https://www.newconstructs.com/small-cap-growth-style-2q26-best-and-worst/) - The Small Cap Growth style ranks ninth out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Unattractive rating.
- [Small Cap Value Style 2Q26: Best and Worst](https://www.newconstructs.com/small-cap-value-style-2q26-best-and-worst/) - The Small Cap Value style ranks seventh out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Mid Cap Growth Style 2Q26: Best and Worst](https://www.newconstructs.com/mid-cap-growth-style-2q26-best-and-worst/) - The Mid Cap Growth style ranks sixth out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Mid Cap Value Style 2Q26: Best and Worst](https://www.newconstructs.com/mid-cap-value-style-2q26-best-and-worst/) - The Mid Cap Value style ranks third out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Attractive rating.
- [Small Cap Blend Style 2Q26: Best and Worst](https://www.newconstructs.com/small-cap-blend-style-2q26-best-and-worst/) - The Small Cap Blend style ranks last out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Very Unattractive rating.
- [Mid Cap Blend Style 2Q26: Best and Worst](https://www.newconstructs.com/mid-cap-blend-style-2q26-best-and-worst/) - The Mid Cap Blend style ranks eighth out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Unattractive rating.
- [Large Cap Value Style 2Q26: Best and Worst](https://www.newconstructs.com/large-cap-value-style-2q26-best-and-worst/) - The Large Cap Value style ranks first out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Very Attractive rating.
- [Large Cap Growth Style 2Q26: Best and Worst](https://www.newconstructs.com/large-cap-growth-style-2q26-best-and-worst/) - The Large Cap Growth style ranks fifth out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Large Cap Blend Style 2Q26: Best and Worst](https://www.newconstructs.com/large-cap-blend-style-2q26-best-and-worst/) - The Large Cap Blend style ranks second out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Attractive rating.
- [All Cap Blend Style 2Q26: Best and Worst](https://www.newconstructs.com/all-cap-blend-style-2q26-best-and-worst/) - The All Cap Blend style ranks fourth out of the ten fund styles detailed in our 2Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Safest Dividend Yields Model Portfolio: April 2026](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-april-2026/) - Professional Members and higher can access April's Safest Dividend Yields Model Portfolio as of Wednesday, April 22.
- [Your AI Is Lying To You: Watch our Special Alert on AI Danger Podcast](https://www.newconstructs.com/your-ai-is-lying-to-you-watch-our-special-alert-on-ai-danger-podcast/) - Most investors are experimenting with AI but very few realize the risk. Because sometimes, AI doesn’t just get things wrong. It makes things up.
- [Style Ratings for ETFs and Mutual Funds: 2Q26](https://www.newconstructs.com/style-ratings-for-etfs-and-mutual-funds-2q26/) - At the beginning of 2Q26, the Large Cap Value, Large Cap Blend, and Mid Cap Value styles earn Attractive-or-better rating.
- [Podcast: Why Everyone Using AI Is in the Danger Zone](https://www.newconstructs.com/podcast-why-everyone-using-ai-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: AI Is Designed To Lie To You.
- [AI: The Good and Bad News for Advisors For the Financial Planning Association (FPA) of Middle TN](https://www.newconstructs.com/ai-the-good-and-bad-news-for-advisors-for-the-financial-planning-association-fpa-of-middle-tn/) - The FPA of Middle Tennessee hosted CEO David Trainer for a discussion on how AI is changing the nature of the asset management and financial advisory professions.
- [ICYMI: New Long Idea, The Answer Key to Beat the Market, Your AI Is Lying to You, The Truth About Earnings Season, Sector Rankings for 2Q26, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-the-answer-key-to-beat-the-market-your-ai-is-lying-to-you-the-truth-about-earnings-season-sector-rankings-for-2q26-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of April 13, 2026.
- [Watch Our Recap: Earnings from JPMorgan Chase, Netflix, Taiwan Semiconductor, Goldman Sachs, and More](https://www.newconstructs.com/watch-our-recap-earnings-from-jpmorgan-chase-netflix-taiwan-semiconductor-goldman-sachs-and-more/) - In our latest Earnings Watch Party, we analyzed the Core Earnings of some of the biggest names in the market.
- [2Q26 ETF & Mutual Fund Sector Ratings Recap](https://www.newconstructs.com/2q26-etf-mutual-fund-sector-ratings-recap/) - In each quarter, we rank the sectors from best to worst in our Sector Ratings Report. The following is our analysis of each sector for 2Q26.
- [The Stock Market Is Rogue AI's Most Obvious Target. Here's How We Protect It.](https://www.newconstructs.com/the-stock-market-is-rogue-ais-most-obvious-target-heres-how-we-protect-it/) - We should return our attention to the quiet war for safe AI.
- [Ideas Dinner – Pro & Institutional Only Webinar – April 21 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-april-21-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, April 21 at 3pm CT.
- [Utilities Sector 2Q26: Best and Worst](https://www.newconstructs.com/utilities-2q26-best-and-worst/) - The Utilities sector ranks eleventh out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Very Unattractive rating.
- [Telecom Services Sector 2Q26: Best and Worst](https://www.newconstructs.com/telecom-services-2q26-best-and-worst/) - The Telecom Services sector ranks first out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Very Attractive rating.
- [Technology Sector 2Q26: Best and Worst](https://www.newconstructs.com/technology-2q26-best-and-worst/) - The Technology sector ranks eighth out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Real Estate Sector 2Q26: Best and Worst](https://www.newconstructs.com/real-estate-2q26-best-and-worst/) - The Real Estate sector ranks tenth out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Unattractive rating.
- [Industrials Sector 2Q26: Best and Worst](https://www.newconstructs.com/industrials-2q26-best-and-worst/) - The Industrials sector ranks sixth out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Healthcare Sector 2Q26: Best and Worst](https://www.newconstructs.com/healthcare-2q26-best-and-worst/) - The Healthcare sector ranks third out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Attractive rating.
- [Financials Sector 2Q26: Best and Worst](https://www.newconstructs.com/financials-2q26-best-and-worst/) - The Financials sector ranks fourth out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Energy Sector 2Q26: Best and Worst](https://www.newconstructs.com/energy-2q26-best-and-worst/) - The Energy sector ranks ninth out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Unattractive rating.
- [Consumer Non-cyclicals Sector 2Q26: Best and Worst](https://www.newconstructs.com/consumer-non-cyclicals-2q26-best-and-worst/) - The Consumer Non-cyclicals sector ranks second out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Attractive rating.
- [Consumer Cyclicals Sector 2Q26: Best and Worst](https://www.newconstructs.com/consumer-cyclicals-2q26-best-and-worst/) - The Consumer Cyclicals sector ranks fifth out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Basic Materials Sector 2Q26: Best and Worst](https://www.newconstructs.com/basic-materials-2q26-best-and-worst/) - The Basic Materials sector ranks seventh out of the 11 sectors as detailed in our 2Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Sector Ratings for ETFs & Mutual Funds: 2Q26](https://www.newconstructs.com/sector-ratings-for-etfs-mutual-funds-2q26/) - At the beginning of 2Q26, the Telecom Services, Consumer Non-cyclicals, and Healthcare sectors each earn an Attractive-or-better rating.
- [Pipe Dreams Coming True](https://www.newconstructs.com/pipe-dreams-coming-true/) - We’re here to remind investors that more upside potential remains in this stock.
- [Diary of a Zombie Stock: Allbirds (BIRD)](https://www.newconstructs.com/this-bird-you-cannot-change-allbirds-downfall-from-4-billion-to-39-million-fire-sale/) - The business model we criticized in 2021 never improved, it just ran out of runway.
- [Exec Comp Aligned with ROIC Model Portfolio: April 2026](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-april-2026/) - Professional and higher members can access April's Executive Compensation Aligned With ROIC Model Portfolio as of Wednesday, April 15.
- [How AI Will Transform Investing - Monthly Podcast with David Trainer and Kyle Guske II](https://www.newconstructs.com/how-ai-will-transform-investing-monthly-podcast-with-david-trainer-and-kyle-guske-ii/) - April 2026's Monthly Podcast replay is now live in our online community.
- [Podcast: Why This Direct-to-Consumer Business Lands In the Danger Zone One Last Time](https://www.newconstructs.com/podcast-why-this-direct-to-consumer-business-lands-in-the-danger-zone-one-last-time/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: This Bird You Cannot Change: Allbirds’ Downfall From $4 Billion to $39 Million Fire Sale.
- [ICYMI: New Long Idea, Zombie Stock Death, Get Free Access to the AI & Investing Class at Harvard Business School this week, #1-Ranked Stock Picker for 58 months, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-zombie-stock-death-get-free-access-to-the-ai-investing-class-at-harvard-business-school-this-week-1-ranked-stock-picker-for-58-months-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of April 6, 2026.
- [FinSights: AI Stock Picking for All Investors](https://www.newconstructs.com/finsights-ai-stock-picking-for-all-investors-v4/) - Artificial intelligence for stock picking has arrived.
- [Supplying Future Growth](https://www.newconstructs.com/supplying-future-growth/) - This leading producer is poised to take advantage of rising demand driven by infrastructure improvements across the globe.
- [Steel Shelter From The Storm](https://www.newconstructs.com/steel-shelter-from-the-storm/) - Certain U.S. companies with durable moats and responsible capital stewardship will lead the charge of a new American energy, infrastructure, and manufacturing era.
- [Target Corporation (TGT) – 8 reports](https://www.newconstructs.com/target-corporation-tgt/) - See all our reports on Target Corporation.
- [Closing Long Ideas That No Longer Provide Quality Risk/Reward](https://www.newconstructs.com/closing-long-ideas-that-no-longer-provide-quality-risk-reward/) - We review our Long Ideas to ensure they still present the quality risk/reward we want to offer clients.
- [Focus List Stocks: Long – Update 4/10/26](https://www.newconstructs.com/focus-list-stocks-long-update-4-10-26/) - We’ve made the following updates to our Focus List Stocks: Long Model Portfolio as of April 10, 2026.
- [Featured Stock from our Most Attractive Model Portfolio for April 2026](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-april-2026/) - Get details on one of the stocks in April 2026's Most Attractive Model Portfolio.
- [Featured Stock from our Most Dangerous Model Portfolio for April 2026](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-april-2026/) - Get details on one of the stocks in April 2026's Most Dangerous Model Portfolio.
- [Featured Stock from our Most Dangerous Model Portfolio for March 2026](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-march-2026/) - Get details on one of the stocks in March 2026's Most Dangerous Model Portfolio.
- [1Q26 Earnings: Where Street Estimates Are Too High & Who Should Miss](https://www.newconstructs.com/1q26-earnings-where-street-estimates-are-too-high-who-should-miss/) - We’ll show the five S&P 500 companies with overstated Street Earnings most likely to miss 1Q26 earnings.
- [Building Safety in an Increasingly Dangerous World](https://www.newconstructs.com/building-safety-in-an-increasingly-dangerous-world/) - This company offers Very Attractive risk/reward in a steadily growing industry.
- [April 2026 Stock-Picking Accolades: #1 Ranking for 58 Straight Months](https://www.newconstructs.com/april-2026-stock-picking-accolades-1-ranking-for-58-straight-months/) - We are April 2026's #1 ranked stock picker in Value, Consumer Discretionary, and Energy categories on SumZero rankings.
- [Live Podcast Friday: How AI Will Transform Investing](https://www.newconstructs.com/live-podcast-friday-how-ai-will-transform-investing/) - All are welcome to join us for our next live podcast on Friday, April 10 at 12pm EST.
- [Closing A New Accounting Loophole: Residual Value Guarantees](https://www.newconstructs.com/closing-a-new-accounting-loophole-residual-value-guarantees/) - Investors are likely unaware of another new trick that hides major liabilities off-balance sheet.
- [Focus List: Short Model Portfolio Beats S&P 500 by 14% in 1Q26](https://www.newconstructs.com/focus-list-short-model-portfolio-beats-sp-500-by-14-in-1q26/) - Our Focus List Stocks: Short Model Portfolio outperformed the S&P 500 as a short portfolio by 14% (18.7% vs. 4.6% for the S&P 500) in 1Q26.
- [Focus List: Long Model Portfolio Beats S&P 500 by 15% in 1Q26](https://www.newconstructs.com/focus-list-long-model-portfolio-beats-sp-500-by-15-in-1q26/) - Our Focus List Stocks: Long Model Portfolio, rose 10% compared to -5% for the S&P 500 and outperformed by 15% in 1Q26.
- [AI and Investing: David Trainer Presents at Harvard Business School](https://www.newconstructs.com/ai-and-investing-david-trainer-presents-at-harvard-business-school/) - Yuan Zou, Assistant Professor at Harvard Business School is hosting CEO David Trainer for a panel discussion on the AI’s impact on investing.
- [ICYMI: Earnings Season Warnings: Stocks Most Likely to Beat & Miss, Protection from Rogue AI, The Real Value of Footnotes, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-earnings-season-warnings-stocks-most-likely-to-beat-miss-protection-from-rogue-ai-the-real-value-of-footnotes-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of March 30, 2026.
- [4Q25 Footnotes Season: Created $2.0 Million in Value](https://www.newconstructs.com/4q25-footnotes-season-created-2-0-million-in-value/) - During 4Q25 Footnotes Season, we parsed 2,234 10-Q and 10-K filings and created $2,010,600 of value for clients.
- [Most Attractive Stocks Model Portfolio: April 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-april-2026/) - Professional Members and higher can access April's 40 Most Attractive Stocks as of Thursday, April 2.
- [Most Dangerous Stocks Model Portfolio: April 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-april-2026/) - Professional Members and higher can access April's 30 Most Dangerous Stocks as of Thursday, April 2.
- [Featured Stock from our Dividend Growth Stocks Model Portfolio for March 2026](https://www.newconstructs.com/featured-stock-from-our-dividend-growth-stocks-model-portfolio-for-march-2026/) - Get details on one of the stocks in March 2026's Dividend Growth Stocks Model Portfolio.
- [Featured Stock from our Dividend Growth Stocks Model Portfolio for February 2026](https://www.newconstructs.com/featured-stock-from-our-dividend-growth-stocks-model-portfolio-for-february-2026/) - Get details on one of the stocks in February 2026's Dividend Growth Stocks Model Portfolio.
- [The Super Stocks Summit 2026](https://www.newconstructs.com/the-super-stocks-summit-2026/) - Every year, there's a small window that most investors don't know exists.
- [Podcast: Why Companies Most Likely to Miss Earnings Next Quarter Are In the Danger Zone](https://www.newconstructs.com/podcast-why-companies-most-likely-to-miss-earnings-next-quarter-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: 1Q26 Earnings: Where Street Estimates Are Too High & Who Should Miss.
- [ICYMI: New Long Idea, AI Is Killing These Companies, The Most Expensive Stocks in the Market, New Reverse DCF Model Features, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-ai-is-killing-these-companies-the-most-expensive-stocks-in-the-market-new-reverse-dcf-model-features-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of March 23, 2026.
- [Watch The Most Expensive Stocks In the Market: A Tale of Two Strategies](https://www.newconstructs.com/watch-the-most-expensive-stocks-in-the-market-a-tale-of-two-strategies/) - Anyone can chase what’s popular. Very few can separate what’s priced for perfection from what’s actually worth owning.
- [The Hidden Flaws in Fundamental Data](https://www.newconstructs.com/the-hidden-flaws-in-fundamental-data/) - There are so many misperceptions about fundamental data.
- [New Features Enhance our Best-In-Class Reverse DCF Models](https://www.newconstructs.com/new-features-enhance-our-best-in-class-reverse-dcf-models/) - We’re happy to announce a big enhancement to our reverse discounted cash flow (DCF) models.
- [Featured Stock from our Safest Dividend Yields Model Portfolio for March 2026](https://www.newconstructs.com/featured-stock-from-our-safest-dividend-yields-model-portfolio-for-march-2026/) - Get details on one of the stocks in March 2026's Safest Dividend Yields Model Portfolio.
- [Dividend Growth Stocks Model Portfolio: March 2026](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-march-2026/) - Professional Members and higher can access March's Dividend Growth Stocks Model Portfolio as of Thursday, March 26.
- [The Great Rotation: Fade Dying Tech Stars](https://www.newconstructs.com/the-great-rotation-fade-dying-tech-stars/) - The last tech giants standing are carrying the overall tech sector’s fundamentals on their broad shoulders.
- [Podcast: Why Layoffs Are In the Danger Zone](https://www.newconstructs.com/podcast-why-layoffs-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Shareholders Vs. Employees: The Next AI Tradeoff.
- [Shareholders Vs. Employees: The Next AI Tradeoff](https://www.newconstructs.com/shareholders-vs-employees-the-next-ai-tradeoff/) - There have been many headlines about AI replacing humans for many jobs, and now we’re seeing it happen in real time.
- [ICYMI: New Long Idea, Super Stocks Summit 2026, How Footnotes Reveal The Truth, People’s Choice Earnings Watch Party, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-super-stocks-summit-2026-how-footnotes-reveal-the-truth-peoples-choice-earnings-watch-party-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of March 16, 2026.
- [Watch Our First-Ever People’s Choice Earnings Watch Party](https://www.newconstructs.com/watch-our-first-ever-peoples-choice-earnings-watch-party/) - Instead of us picking the stocks… We let you decide.
- [Position Close Update: Electronics Manufacturer Got Expensive](https://www.newconstructs.com/position-close-update-electronics-manufacturer-got-expensive/) - The run-up in stock price, largely around the hype over AI, means the risk/reward in this stock is no longer as attractive as when we first made it a Long Idea.
- [The Worst Is Yet to Come for AI Winners and Losers](https://www.newconstructs.com/the-worst-is-yet-to-come-for-ai-winners-and-losers/) - Declining free cash flows are the canary in the coal mine. It’s time to sell most of big tech.
- [Footnotes Reveal Understated Earnings](https://www.newconstructs.com/footnotes-reveal-understated-earnings/) - See one of the many market-moving discoveries from the hundreds of 10-Ks and 10-Qs our Robo-Analyst AI analyzed in the fourth week of Footnotes Season.
- [A Rare Good Stock in Today’s Expensive Market](https://www.newconstructs.com/a-rare-good-stock-in-todays-expensive-market/) - We remain bullish on this stock and consider it one of very few attractive opportunities in a market increasingly overrun with overvalued stocks.
- [Podcast: Why This Accounting Trick Is In the Danger Zone](https://www.newconstructs.com/podcast-why-this-accounting-trick-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: Closing A New Accounting Loophole: Residual Value Guarantees.
- [Safest Dividend Yields Model Portfolio: March 2026](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-march-2026/) - Professional Members and higher can access March's Safest Dividend Yields Model Portfolio as of Wednesday, March 18.
- [ICYMI: New Long Idea, Prescient Danger Zone Picks, Closing Billion $ Loopholes, How Footnotes Warned About A Crash, Expectations Investing Case Study, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-prescient-danger-zone-picks-closing-billion-loopholes-how-footnotes-warned-about-a-crash-expectations-investing-case-study-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of March 9, 2026.
- [Quantifying Expectations and Earnings Watch Party - Monthly Podcast with David Trainer and Kyle Guske II](https://www.newconstructs.com/quantifying-expectations-and-earnings-watch-party-monthly-podcast-with-david-trainer-and-kyle-guske-ii/) - March 2026's Monthly Podcast replay is now live in our online community.
- [Core Earnings Leaders Index in a Volatile Market | Monthly Podcast with David Trainer and Kyle Guske II](https://www.newconstructs.com/core-earnings-leaders-index-in-a-volatile-market-monthly-podcast-with-david-trainer-and-kyle-guske-ii/) - February 2026's Monthly Podcast replay is now live in our online community.
- [The Hidden $500+ Billion Accounting Trick That Will Sink These AI Stocks](https://www.newconstructs.com/the-hidden-500-billion-of-debt-that-will-sink-these-ai-stocks/) - Some companies are using accounting tricks to hide how much capital they are risking to stay in the AI race.
- [Exec Comp Aligned with ROIC Model Portfolio: March 2026](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-march-2026/) - Professional and higher members can access March's Executive Compensation Aligned With ROIC Model Portfolio as of Friday, March 13.
- [Focus List Stocks: Long – Update 3/13/26](https://www.newconstructs.com/focus-list-stocks-long-update-3-13-26/) - We’ve made the following updates to our Focus List Stocks: Long Model Portfolio as of March 13, 2026.
- [Featured Stock from our Most Attractive Model Portfolio for March 2026](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-march-2026/) - Get details on one of the stocks in March 2026's Most Attractive Model Portfolio.
- [Footnotes Reveal A Very Attractive Stock That Is More Profitable Than You Think](https://www.newconstructs.com/footnotes-reveal-a-very-attractive-stock-that-is-more-profitable-than-you-think/) - See one of the many interesting discoveries from the hundreds of 10-Ks and 10-Qs our Robo-Analyst AI analyzed in the third week of Footnotes Season.
- [Exec Comp Aligned with ROIC Model Portfolio: February 2026](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-february-2026/) - Professional and higher members can access February's Executive Compensation Aligned With ROIC Model Portfolio as of Friday, February 13.
- [Live Podcast Friday: Quantifying Expectations and Earnings Watch Party](https://www.newconstructs.com/live-podcast-friday-quantifying-expectations-and-earnings-watch-party/) - All are welcome to join us for our next live podcast on Friday, March 13 at 12pm EST.
- [Ideas Dinner – Pro & Institutional Only Webinar – March 17 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-march-17-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, March 17 at 3pm CT.
- [Ideas Dinner – Pro & Institutional Only Webinar – February 17 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-february-17-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, February 17 at 3pm CT.
- [Podcast: Why Investor's Ignoring The Danger Zone Are In the Danger Zone](https://www.newconstructs.com/podcast-why-investors-ignoring-the-danger-zone-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Ignore The Danger Zone at Your Own Risk.
- [Ignore The Danger Zone at Your Own Risk](https://www.newconstructs.com/ignore-the-danger-zone-at-your-own-risk/) - Some popular stocks are crashing for good reason. They didn’t deserve premium valuations in the first place.
- [ICYMI: New Long Idea, Fade The Dying Tech Stars, Surfacing Truth in Retail Earnings, Discovering Gold in Footnotes Season, #1 Stock Picking, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-fade-the-dying-tech-stars-surfacing-truth-in-retail-earnings-discovering-gold-in-footnotes-season-1-stock-picking-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of March 2, 2026.
- [Watch Our Recap: FinSights Is Back! and Earnings from AutoZone, Target, Best Buy, Costco, Broadcom, and More](https://www.newconstructs.com/watch-our-recap-finsights-is-back-and-earnings-from-autozone-target-best-buy-costco-broadcom-and-more/) - Are these businesses generating stronger Core Earnings or just managing the narrative so they avoid the AI-apocalypse?
- [Featured Stock from our Dividend Growth Stocks Model Portfolio for January 2026](https://www.newconstructs.com/featured-stock-from-our-dividend-growth-stocks-model-portfolio-for-january-2026/) - Get details on one of the stocks in January 2026's Dividend Growth Stocks Model Portfolio.
- [March 2026 Stock-Picking Accolades: #1 Ranking for 57 Straight Months](https://www.newconstructs.com/march-2026-stock-picking-accolades-1-ranking-for-57-straight-months/) - We are March's 2026's #1 ranked stock picker in Consumer Discretionary and Industrials categories on SumZero rankings.
- [This Fertilizer Firm Farms Profits in Any Season](https://www.newconstructs.com/this-fertilizer-firm-farms-profits-in-any-season/) - Cost advantages, combined with centrally located assets, drive industry-leading returns on invested capital (ROIC).
- [Most Attractive Stocks Model Portfolio: March 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-march-2026/) - Professional Members and higher can access March's 40 Most Attractive Stocks as of Wednesday, March 4.
- [Most Dangerous Stocks Model Portfolio: March 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-march-2026/) - Professional Members and higher can access March's 36 Most Dangerous Stocks as of Wednesday, March 4.
- [Hidden Profits Don’t Offset an Expensive Valuation](https://www.newconstructs.com/hidden-profits-dont-offset-an-expensive-valuation/) - See one of the many interesting discoveries from the 518 10-Ks and 10-Qs our Robo-Analyst AI analyzed in the second week of Footnotes Season.
- [Podcast: Why The Tech Sector Minus the Mag 5 Is In the Danger Zone](https://www.newconstructs.com/podcast-why-the-tech-sector-minus-the-mag-5-is-in-the-danger-zone/) - Senior Investment Analyst Kyle Guske II sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: The Great Rotation: Fade Dying Tech Stars.
- [Watch Our Recap on Earnings from Home Depot, NVIDIA, Salesforce Intuit, and Much More](https://www.newconstructs.com/watch-our-recap-on-earnings-from-home-depot-nvidia-salesforce-intuit-and-much-more/) - Paying attention to Core Earnings can make or break your portfolio.
- [ICYMI: New Long Idea, The Worst is Yet to Come for AI, Core Earnings Index Origin Story from our Live Podcast, Finding Gold in Footnotes Season, Earnings Watch Party Insights, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-the-worst-is-yet-to-come-for-ai-core-earnings-index-origin-story-from-our-live-podcast-finding-gold-in-footnotes-season-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of February 23, 2026.
- [The Great Rotation of 2026: Why the Easy AI Trade Is Over & Where Smart Money Is Moving Now](https://www.newconstructs.com/the-great-rotation-of-2026-why-the-easy-ai-trade-is-over-where-smart-money-is-moving-now/) - When Wall Street finally catches on to what we're showing you now, the rotation will already be priced in.
- [Featured Stock from our Safest Dividend Yields Model Portfolio for February 2026](https://www.newconstructs.com/featured-stock-from-our-safest-dividend-yields-model-portfolio-for-february-2026/) - Get details on one of the stocks in February 2026's Safest Dividend Yields Model Portfolio.
- [Focus List Stocks: Long – Update 2/27/26](https://www.newconstructs.com/focus-list-stocks-long-update-2-27-26/) - We’ve made the following updates to our Focus List Stocks: Long Model Portfolio as of February 27, 2026.
- [Dividend Growth Stocks Model Portfolio: February 2026](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-february-2026/) - Professional Members and higher can access February's Dividend Growth Stocks Model Portfolio as of Thursday, February 26.
- [Undervalued Stock + Shareholder Returns = Rare Opportunity](https://www.newconstructs.com/undervalued-stock-shareholder-returns-rare-opportunity/) - This stock’s current valuation overlooks any potential upside in business opportunities and implies profits will precipitously and permanently fall.
- [Energy Demand Isn’t Going Away, But This Opportunity Might](https://www.newconstructs.com/energy-demand-isnt-going-away-but-this-opportunity-might/) - This business has room to grow and return cash to shareholders. Yet, the stock remains undervalued.
- [Hidden Unusual Expenses Buried in the Footnotes Lead to Stock Rating Upgrade](https://www.newconstructs.com/hidden-unusual-expenses-buried-in-the-footnotes-lead-to-stock-rating-upgrade/) - See one of the many interesting discoveries from the 190 10-Ks and 10-Qs our Robo-Analyst AI analyzed in the first, short week of Footnotes Season.
- [Danger Zone: The Losers in the AI Arms Race](https://www.newconstructs.com/danger-zone-the-losers-in-the-ai-arms-race/) - Find out who will win or lose the AI arms race in this report.
- [Live Podcast Friday: Two Special Guests](https://www.newconstructs.com/live-podcast-friday-two-special-guests/) - All are welcome to join us for our next live podcast on Friday, February 27 at 12pm EST.
- [Podcast: Why Tech Sector Investors Are In the Danger Zone](https://www.newconstructs.com/podcast-why-tech-sector-investors-are-in-the-danger-zone-2/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: The Worst Is Yet to Come for AI Winners and Losers.
- [ICYMI: New Long Idea, The $500+ Billion Accounting Trick Crushing Cash Flows, Position Your Portfolio for The Great Rotation, Earnings Watch Party Insights, Free Stock Pick, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-the-500-billion-accounting-trick-crushing-cash-flows-position-your-portfolio-for-the-great-rotation-earnings-watch-party-insights-free-stock-pick-model-portfolio-updates-a/) - Here's what happened at New Constructs during the week of February 16, 2026.
- [Watch Our Recap on AI’s $500B Cash Flow Bomb and Earnings from Booking, Carvana, DoorDash, Walmart, and More](https://www.newconstructs.com/watch-our-recap-on-ais-500b-cash-flow-bomb-and-earnings-from-booking-carvana-doordash-walmart-and-more/) - If you care about earnings season, our Core Earnings framework changes how you see reported results.
- [Featured Stock from our Exec Comp Aligned with ROIC Model Portfolio for February 2026](https://www.newconstructs.com/featured-stock-from-our-exec-comp-aligned-with-roic-model-portfolio-for-february-2026/) - Get details on one of the stocks in February's 2026's Executive Compensation Aligned with ROIC Model Portfolio.
- [Safest Dividend Yields Model Portfolio: February 2026](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-february-2026/) - Professional Members and higher can access February's Safest Dividend Yields Model Portfolio as of Thursday, February 19.
- [From Blueprints to Bullish Outlook](https://www.newconstructs.com/from-blueprints-to-bullish-outlook/) - Despite some near-term uncertainty, long-term tailwinds should support years of profit growth.
- [Podcast: Why The AI Race Is In the Danger Zone](https://www.newconstructs.com/podcast-why-the-ai-race-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: The Hidden $500+ Billion of Debt That Will Sink These AI Stocks.
- [NVR Inc. (NVR) – 7 reports](https://www.newconstructs.com/nvr-inc-nvr/) - See all our reports on NVR Inc.
- [AI Is Not Magic. What Can You Trust?](https://www.newconstructs.com/ai-is-not-magic-what-can-you-trust/) - I get real about AI and what makes it work - like really work, not the smoke and mirrors you see from most AI.
- [Downgrading The Tech Sector and Its Misleading Earnings](https://www.newconstructs.com/downgrading-the-tech-sector-and-its-misleading-earnings/) - A recent downgrade, along with falling cash flows and rising debt make the Technology sector look increasingly overvalued.
- [Free Stock Pick from the Bloomberg New Constructs 500 Index in 1Q26](https://www.newconstructs.com/free-stock-pick-from-the-bloomberg-new-constructs-500-index-in-1q26/) - See one of the stocks in this index along with a brief overview of why it deserves a larger weighting than it earns through market cap alone.
- [ICYMI: New Long Idea, Earnings Watch Party, AI Podcast with David Trainer, Best & Worst ETFs & Mutual Funds in 1Q26, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-earnings-watch-party-ai-podcast-with-david-trainer-best-worst-etfs-mutual-funds-in-1q26-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of February 9, 2026.
- [Watch Our Recap on AI’s Cash Flow Bomb and Earnings from Coca-Cola, Anheuser-Busch, S&P Global, Spotify, McDonald’s and More](https://www.newconstructs.com/watch-our-recap-on-ais-cash-flow-bomb-and-earnings-from-coca-cola-anheuser-busch-sp-global-spotify-mcdonalds-and-more/) - Every stock still faces the same test: Are the company’s earnings real or marketing spin?
- [Featured Stock from our Most Attractive Model Portfolio for February 2026](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-february-2026/) - Get details on one of the stocks in February 2026's Most Attractive Model Portfolio.
- [Featured Stock from our Most Dangerous Model Portfolio for February 2026](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-february-2026/) - Get details on one of the stocks in February's 2026's Most Dangerous Model Portfolio.
- [Focus List Stocks: Long – Update 2/13/26](https://www.newconstructs.com/focus-list-stocks-long-update-2-13-26/) - We’ve made the following updates to our Focus List Stocks: Long Model Portfolio as of February 13, 2026.
- [How to Avoid the Worst Style Mutual Funds 1Q26](https://www.newconstructs.com/how-to-avoid-the-worst-style-mutual-funds-1q26/) - Here are red flags investors can use to avoid the worst style mutual funds for 1Q26.
- [How to Avoid the Worst Style ETFs 1Q26](https://www.newconstructs.com/how-to-avoid-the-worst-style-etfs-1q26/) - Here are three red flags investors can use to avoid the worst style ETFs for 1Q26.
- [How to Avoid the Worst Sector Mutual Funds 1Q26](https://www.newconstructs.com/how-to-avoid-the-worst-sector-mutual-funds-1q26/) - Here are red flags investors can use to avoid the worst sector mutual funds for 1Q26.
- [How to Avoid the Worst Sector ETFs 1Q26](https://www.newconstructs.com/how-to-avoid-the-worst-sector-etfs-1q26/) - Here are three red flags investors can use to avoid the worst sector ETFs for 1Q26.
- [Ideas Dinner – Pro & Institutional Only Webinar – January 20 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-january-20-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, January 20 at 3pm CT.
- [How to Find the Best Style Mutual Funds 1Q26](https://www.newconstructs.com/how-to-find-the-best-style-mutual-funds-1q26/) - Learn how to pick the best style mutual funds with so many to choose from in 1Q26.
- [How to Find the Best Style ETFs 1Q26](https://www.newconstructs.com/how-to-find-the-best-style-etfs-1q26/) - Learn how to pick the best style ETFs with so many to choose from in 1Q26.
- [How to Find the Best Sector Mutual Funds 1Q26](https://www.newconstructs.com/how-to-find-the-best-sector-mutual-funds-1q26/) - Learn how to pick the best sector mutual funds with so many to choose from in 1Q26.
- [How to Find the Best Sector ETFs 1Q26](https://www.newconstructs.com/how-to-find-the-best-sector-etfs-1q26/) - Learn how to pick the best sector ETFs with so many to choose from in 1Q26.
- [Podcast: Earnings Data Is Wrong And Could Hurt Your Portfolio](https://www.newconstructs.com/podcast-earnings-data-is-wrong-and-could-hurt-your-portfolio/) - Learn why footnotes matter and how we leverage our reverse discounted cash flow model to quantify the expectations baked into stock prices.
- [Podcast: Why Investors Ignoring This Consumer Cyclicals Stock Are In the Danger Zone](https://www.newconstructs.com/podcast-why-investors-ignoring-this-consumer-cyclicals-stock-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: An Undervalued “Corner-Lot” With a View.
- [Podcast: How We Beat Wall Street with Small Language Models](https://www.newconstructs.com/podcast-how-we-beat-wall-street-with-small-language-models/) - CEO David Trainer joined the Apex AI Podcast to discuss how we leverage small language models to deliver Core Earnings data proven to beat the market.
- [Testimonial: Proud to Level the Playing Field](https://www.newconstructs.com/testimonial-proud-to-level-the-playing-field/) - We aim to help all our clients get an edge, and we take that responsibility seriously.
- [Watch Our Earnings Recap on AI and Earnings from Alphabet, Amazon, Palantir, PepsiCo, Pfizer and More](https://www.newconstructs.com/watch-our-earnings-recap-on-ai-and-earnings-from-alphabet-amazon-palantir-pepsico-pfizer-and-more/) - This isn’t about reacting to the market. It’s about understanding the fundamentals and valuation of the biggest names in the market.
- [ICYMI: New Long Idea, New Danger Zone, New Features, #1 Stock Picking, Two Free Stock Picks, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-new-danger-zone-new-features-1-stock-picking-two-free-stock-picks-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of February 2, 2026.
- [Free Stock Pick from the Very Attractive Stocks Index in 1Q26](https://www.newconstructs.com/free-stock-pick-from-the-very-attractive-stocks-index-in-1q26/) - See one of the stocks in the Index along with a brief overview of why we think Very Attractive stocks provide quality risk/reward.
- [Free Stock Pick from the Bloomberg New Constructs Core Earnings Leaders Index in 1Q26](https://www.newconstructs.com/free-stock-pick-from-the-bloomberg-new-constructs-core-earnings-leaders-index-in-1q26/) - See one of the stocks in the Core Earnings Leaders Index along with an overview of its Core Earning history.
- [Our Model Portfolio Performance in 2025](https://www.newconstructs.com/our-model-portfolio-performance-in-2025/) - Our Model Portfolios offer clients multiple strategies to outperform in good and bad markets. See the performance of these Model Portfolios in 2025.
- [February 2026 Stock-Picking Accolades: #1 Ranking for 56 Straight Months](https://www.newconstructs.com/february-2026-stock-picking-accolades-1-ranking-for-56-straight-months/) - We are February's 2026's #1 ranked stock picker in Consumer Discretionary and Industrials categories on SumZero rankings.
- [Cheap Funds Dupe Investors – 1Q26](https://www.newconstructs.com/cheap-funds-dupe-investors-1q26/) - Hunting for bargains is a best practice in any endeavor. But when it comes to investing in 1Q26, a cheap fund is not necessarily a good fund.
- [D.R. Horton (DHI) – 8 reports](https://www.newconstructs.com/d-r-horton-dhi-6-reports/) - See all our reports on D.R. Horton.
- [New Features Enhance our Pro & Institutional Memberships](https://www.newconstructs.com/new-features-enhance-our-pro-institutional-memberships/) - We’ve added new features to enhance our Pro and Institutional memberships.
- [Most Dangerous Stocks Model Portfolio: February 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-february-2026/) - Professional Members and higher can access February's 37 Most Dangerous Stocks as of Wednesday, February 4.
- [Most Attractive Stocks Model Portfolio: February 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-february-2026/) - Professional Members and higher can access February's 40 Most Attractive Stocks as of Wednesday, February 4.
- [Podcast: Why This Mid Cap Blend Fund Is In the Danger Zone](https://www.newconstructs.com/podcast-why-this-mid-cap-blend-fund-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: Bad Holdings = Bad Fund.
- [High Yield, Low Drama](https://www.newconstructs.com/high-yield-low-drama/) - With limited commodity exposure and a strong asset base, this company is well-positioned to benefit from sustained U.S. energy production.
- [ICYMI: New Long Idea, New Danger Zone, Stock Tokenization Winners and Losers, Style Rankings for 1Q26, Best & Worst Style ETFs & Mutual Funds, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-new-danger-zone-stock-tokenization-winners-and-losers-style-rankings-for-1q26-best-worst-style-etfs-mutual-funds-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of January 26, 2026.
- [Watch Our Earnings Recap on Apple, Microsoft, Meta, Tesla, General Motors, Visa and More](https://www.newconstructs.com/watch-our-earnings-recap-on-apple-microsoft-meta-tesla-general-motors-visa-and-more/) - How do you know if the Wall Street narratives match the Core Earnings? Is the growth story already reflected in the stock’s valuation?
- [The 2026 Portfolio Review: Protect your Wealth with our Newest Institutional-Grade Tool](https://www.newconstructs.com/the-2026-portfolio-review-protect-your-wealth-with-our-newest-institutional-grade-tool/) - Processing the upcoming wave of financial filings is an enormous undertaking.
- [Featured Stock from our Safest Dividend Yields Model Portfolio for January 2026](https://www.newconstructs.com/featured-stock-from-our-safest-dividend-yields-model-portfolio-for-january-2026/) - Get details on one of the stocks in January 2026's Safest Dividend Yields Model Portfolio.
- [Dividend Growth Stocks Model Portfolio: January 2026](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-january-2026/) - Professional Members and higher can access January's Dividend Growth Stocks Model Portfolio as of Thursday, January 29.
- [1Q26 Style Ratings Recap](https://www.newconstructs.com/1q26-style-ratings-recap/) - In each quarter, we rank each style from best to worst. The following is our style ratings for the first quarter of 2026.
- [Small Cap Value Style 1Q26: Best and Worst](https://www.newconstructs.com/small-cap-value-style-1q26-best-and-worst/) - The Small Cap Value style ranks seventh out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Small Cap Growth Style 1Q26: Best and Worst](https://www.newconstructs.com/small-cap-growth-style-1q26-best-and-worst/) - The Small Cap Growth style ranks last out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Very Unattractive rating.
- [Small Cap Blend Style 1Q26: Best and Worst](https://www.newconstructs.com/small-cap-blend-style-1q26-best-and-worst/) - The Small Cap Blend style ranks ninth out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Unattractive rating.
- [Mid Cap Value Style 1Q26: Best and Worst](https://www.newconstructs.com/mid-cap-value-style-1q26-best-and-worst/) - The Mid Cap Value style ranks fourth out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Mid Cap Growth Style 1Q26: Best and Worst](https://www.newconstructs.com/mid-cap-growth-style-1q26-best-and-worst/) - The Mid Cap Growth style ranks third out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Attractive rating.
- [Mid Cap Blend Style 1Q26: Best and Worst](https://www.newconstructs.com/mid-cap-blend-style-1q26-best-and-worst/) - The Mid Cap Blend style ranks eighth out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Unattractive rating.
- [Large Cap Value Style 1Q26: Best and Worst](https://www.newconstructs.com/large-cap-value-style-1q26-best-and-worst/) - The Large Cap Value style ranks first out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Very Attractive rating.
- [Large Cap Growth Style 1Q26: Best and Worst](https://www.newconstructs.com/large-cap-growth-style-1q26-best-and-worst/) - The Large Cap Growth style ranks sixth out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Large Cap Blend Style 1Q26: Best and Worst](https://www.newconstructs.com/large-cap-blend-style-1q26-best-and-worst/) - The Large Cap Blend style ranks second out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Attractive rating.
- [All Cap Blend Style 1Q26: Best and Worst](https://www.newconstructs.com/all-cap-blend-style-1q26-best-and-worst/) - The All Cap Blend style ranks fifth out of the ten fund styles detailed in our 1Q26 Style Ratings for ETFs and Mutual Funds report. The category receives our Neutral rating.
- [Podcast: Why Tech Sector Investors Are In the Danger Zone](https://www.newconstructs.com/podcast-why-tech-sector-investors-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Downgrading The Tech Sector and Its Misleading Earnings.
- [Watch Our Podcast on Stock Tokenization: Winners and Losers and Earnings Recap on Netflix, Interactive Brokers, D.R. Horton, Schwab, Intel, Capital One and More](https://www.newconstructs.com/watch-our-podcast-on-stock-tokenization-winners-and-losers-and-earnings-recap-on-netflix-interactive-brokers-d-r-horton-schwab-intel-capital-one-and-more/) - Offering differentiated research can be a key competitive advantage or weakness, but it will be necessary for the new brokers.
- [Thinking Small Drives Big Leaps in AI](https://www.newconstructs.com/thinking-small-drives-big-leaps-in-ai/) - The SLM created by New Constructs powers market-beating stock picking.
- [How To Teach AI To Pick Stocks](https://www.newconstructs.com/how-to-teach-ai-to-pick-stocks/) - AI is rapidly gaining traction in the investing business, and endowing machines with the subject matter expertise is the next step.
- [Style Ratings for ETFs and Mutual Funds: 1Q26](https://www.newconstructs.com/style-ratings-for-etfs-and-mutual-funds-1q26/) - At the beginning of 1Q26, the Large Cap Value, Large Cap Blend, and Mid Cap Growth styles earn an Attractive-or-better rating.
- [ICYMI: New Long Idea, Replay: The 2026 Portfolio Review, Sector Rankings for 1Q26, Best & Worst Sector ETFs & Mutual Funds, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-replay-the-2026-portfolio-review-sector-rankings-for-1q26-best-worst-sector-etfs-mutual-funds-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of January 19, 2026.
- [1Q26 ETF & Mutual Fund Sector Ratings Recap](https://www.newconstructs.com/1q26-etf-mutual-fund-sector-ratings-recap/) - In each quarter, we rank the sectors from best to worst in our Sector Ratings Report. The following is our analysis of each sector for 1Q26.
- [Technology Sector 1Q26: Best and Worst](https://www.newconstructs.com/technology-1q26-best-and-worst/) - The Technology sector ranks ninth out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Unattractive rating.
- [Utilities Sector 1Q26: Best and Worst](https://www.newconstructs.com/utilities-1q26-best-and-worst/) - The Utilities sector ranks eleventh out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Very Unattractive rating.
- [Telecom Services Sector 1Q26: Best and Worst](https://www.newconstructs.com/telecom-services-1q26-best-and-worst/) - The Telecom Services sector ranks first out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Very Attractive rating.
- [Real Estate Sector 1Q26: Best and Worst](https://www.newconstructs.com/real-estate-1q26-best-and-worst/) - The Real Estate sector ranks tenth out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Unattractive rating.
- [Industrials Sector 1Q26: Best and Worst](https://www.newconstructs.com/industrials-1q26-best-and-worst/) - The Industrials sector ranks sixth out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Healthcare Sector 1Q26: Best and Worst](https://www.newconstructs.com/healthcare-1q26-best-and-worst/) - The Healthcare sector ranks fourth out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Financials Sector 1Q26: Best and Worst](https://www.newconstructs.com/financials-1q26-best-and-worst/) - The Financials sector ranks third out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Attractive rating.
- [Energy Sector 1Q26: Best and Worst](https://www.newconstructs.com/energy-1q26-best-and-worst/) - The Energy sector ranks fifth out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Consumer Non-cyclicals Sector 1Q26: Best and Worst](https://www.newconstructs.com/consumer-non-cyclicals-1q26-best-and-worst/) - The Consumer Non-cyclicals sector ranks second out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Attractive rating.
- [Consumer Cyclicals Sector 1Q26: Best and Worst](https://www.newconstructs.com/consumer-cyclicals-1q26-best-and-worst/) - The Consumer Cyclicals sector ranks eighth out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Basic Materials Sector 1Q26: Best and Worst](https://www.newconstructs.com/basic-materials-1q26-best-and-worst/) - The Basic Materials sector ranks seventh out of the 11 sectors as detailed in our 1Q26 Sector Ratings for ETFs and Mutual Funds report. It gets our Neutral rating.
- [Safest Dividend Yields Model Portfolio: January 2026](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-january-2026/) - Professional Members and higher can access January's Safest Dividend Yields Model Portfolio as of Thursday, January 22.
- [Featured Stock from our Exec Comp Aligned with ROIC Model Portfolio for January 2026](https://www.newconstructs.com/featured-stock-from-our-exec-comp-aligned-with-roic-model-portfolio-for-january-2026/) - Get details on one of the stocks in January 2026's Executive Compensation Aligned with ROIC Model Portfolio.
- [Sector Ratings for ETFs & Mutual Funds: 1Q26](https://www.newconstructs.com/sector-ratings-for-etfs-mutual-funds-1q26/) - At the beginning of 1Q26, the Telecom Services, Consumer Non-cyclicals, and Financials sectors each earn an Attractive-or-better rating.
- [Podcast: Why Stocks Likely to Miss Earnings Are In the Danger Zone](https://www.newconstructs.com/podcast-why-stocks-likely-to-miss-earnings-are-in-the-danger-zone-2/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: 4Q25 Earnings: Where Street Estimates Are Too High & Who Should Miss.
- [ICYMI: New Long Idea, Reserve Your Spot for The 2026 Portfolio Review, 5 Stocks Most Likely to Miss Earnings This Quarter, Focus List Stocks 2025 Performance, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-reserve-your-spot-for-the-2026-portfolio-review-5-stocks-most-likely-to-miss-earnings-this-quarter-focus-list-stocks-2025-performance-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of January 12, 2026.
- [Focus List Stocks Long/Short Long-Term Outperformance Through 2025](https://www.newconstructs.com/focus-list-stocks-long-short-long-term-outperformance-through-2025/) - Our Focus List Stocks: Long Model Portfolio and our Focus List Stocks: Short Model Portfolio beat the Risk Free Rate (RFR) as a long/short portfolio by 1.8% in 2025.
- [Focus List Stocks: Short Model Portfolio Beats the S&P 500 in 2025](https://www.newconstructs.com/focus-list-stocks-short-model-portfolio-beats-the-sp-500-in-2025/) - Our Focus List Stocks: Short Model Portfolio outperformed the S&P 500 as a short by 8.8% in 2025.
- [Focus List Stocks: Long Model Portfolio’s Long-Term Outperformance Through 2025](https://www.newconstructs.com/focus-list-stocks-long-model-portfolios-long-term-outperformance-through-2025/) - Our Focus List Stocks: Long Model Portfolio has beaten the S&P 500 by 12% since the start of 2021 through 2025.
- [Featured Stock from our Most Attractive Model Portfolio for January 2026](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-january-2026/) - Get details on one of the stocks in January 2026's Most Attractive Model Portfolio.
- [Featured Stock from our Most Dangerous Model Portfolio for January 2026](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-january-2026/) - Get details on one of the stocks in January 2026's Most Dangerous Model Portfolio.
- [Exec Comp Aligned with ROIC Model Portfolio: January 2026](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-january-2026/) - Professional and higher members and higher can access January's Executive Compensation Aligned With ROIC Model Portfolio as of Thursday, January 15.
- [Podcast: Why Portfolio Managers Overlooking AI Are In the Danger Zone](https://www.newconstructs.com/podcast-why-portfolio-managers-overlooking-ai-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Portfolio Managers Who Don't Know How to Use AI.
- [4Q25 Earnings: Where Street Estimates Are Too High & Who Should Miss](https://www.newconstructs.com/4q25-earnings-where-street-estimates-are-too-high-who-should-miss/) - We’ll show the five S&P 500 companies with overstated Street Earnings most likely to miss 4Q25 earnings.
- [ICYMI: Core Earnings Leaders Index Beat the S&P 500 by 900bps, 5 Stocks Most Likely to Beat Earnings in 4Q25, #1-Ranked Stock Picker-Again, Expert Discussion on Tariffs and Rare Earth Metals, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-core-earnings-leaders-index-beat-the-sp-500-by-900bps-5-stocks-most-likely-to-beat-earnings-in-4q25-1-ranked-stock-picker-again-expert-discussion-on-tariffs-and-rare-earth-metals-mode/) - Here's what happened at New Constructs during the week of January 5, 2026.
- [Beat the Pros with The Only Proven AI](https://www.newconstructs.com/beat-the-pros-with-the-only-proven-ai/) - Learn all about Alpha Stocks—stocks with exceptionally low market-implied growth appreciation periods (GAP) and superior economic earnings.
- [ICYMI: Early Access to the Google/New Constructs AI Available Soon, New Danger Zone, Ideas Dinner Next Week, FREE Stock Picks, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-early-access-to-the-google-new-constructs-ai-available-soon-new-danger-zone-ideas-dinner-next-week-free-stock-picks-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of November 10, 2025.
- [January 2026 Stock-Picking Accolades: #1 Ranking for 55 Straight Months](https://www.newconstructs.com/january-2026-stock-picking-accolades-1-ranking-for-55-straight-months/) - We are January 2026's #1 ranked stock picker in Consumer Discretionary and Industrials categories on SumZero rankings.
- [4Q25 Earnings: Where Street Estimates Are Too Low & Who Should Beat](https://www.newconstructs.com/4q25-earnings-where-street-estimates-are-too-low-who-should-beat/) - We’ll show the five S&P 500 companies with understated Street Earnings most likely to beat 4Q25 earnings.
- [Most Attractive Stocks Model Portfolio: January 2026](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-january-2026/) - Professional Members and higher can access January's 40 Most Attractive Stocks as of Thursday, January 8.
- [Most Dangerous Stocks Model Portfolio: January 2026](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-january-2026/) - Professional Members and higher can access January's 33 Most Dangerous Stocks as of Thursday, January 8.
- [Live Podcast Friday: Tariffs and Rare Earth Metals Discussion with Slingshot Insights](https://www.newconstructs.com/live-podcast-friday-tariffs-and-rare-earth-metals-discussion-with-slingshot-insights/) - All are welcome to join us for our first live podcast of 2026 on Friday, January 9 at 12pm EST.
- [Stansberry Investor Hour: The Future of AI Depends on Higher Quality Data, not Data Centers](https://www.newconstructs.com/stansberry-investor-hour-the-future-of-ai-depends-on-higher-quality-data-not-data-centers/) - CEO David Trainer recently joined Dan Ferris on the Stansberry Investor Hour.
- [Dividend Growth Stocks Model Portfolio: December 2025](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-december-2025/) - Professional Members and higher can access December's Dividend Growth Stocks Model Portfolio as of Tuesday, December 23.
- [Podcast: Why Active Portfolio Managers Are In the Danger Zone](https://www.newconstructs.com/podcast-why-active-portfolio-managers-are-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Active Portfolio Managers.
- [A True Commitment to Precision](https://www.newconstructs.com/a-true-commitment-to-precision/) - We look forward to providing all our clients best-in-class fundamental research and data you can trust.
- [ICYMI: Closing Long Ideas, More Stupid Money Risk, Alpha Stocks 2.0, Recent Podcasts with CEO David Trainer, New Featured Stocks, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-closing-long-ideas-more-stupid-money-risk-alpha-stocks-2-0-recent-podcasts-with-ceo-david-trainer-new-featured-stocks-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of December 15, 2025.
- [Safest Dividend Yields Model Portfolio: December 2025](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-december-2025/) - Professional Members and higher can access December's Safest Dividend Yields Model Portfolio as of Friday, December 19.
- [Cleaning Up Our Portfolio Before the New Year](https://www.newconstructs.com/cleaning-up-our-portfolio-before-the-new-year/) - The goal for our Long Ideas is to provide clients with stock picks that offer excellent risk/reward.
- [The AI Built for Main Street](https://www.newconstructs.com/the-ai-built-for-main-street/) - CEO David Trainer recently joined Adam Shapiro on Capital & Power from AInvest to discuss our newest product – FinSights.
- [AI, Trust, and the Future of Financial Transparency: Edge of Intelligence Podcast](https://www.newconstructs.com/ai-trust-and-the-future-of-financial-transparency-edge-of-intelligence-podcast/) - CEO David Trainer recently joined Carl Owen on the Edge of Intelligence podcast.
- [Featured Stock from our Safest Dividend Yields Model Portfolio for November 2025](https://www.newconstructs.com/featured-stock-from-our-safest-dividend-yields-model-portfolio-for-november-2025/) - Get details on one of the stocks in November 2025's Safest Dividend Yields Model Portfolio.
- [Safest Dividend Yields Model Portfolio: November 2025](https://www.newconstructs.com/safest-dividend-yields-model-portfolio-november-2025/) - Professional Members and higher can access November's Safest Dividend Yields Model Portfolio as of Friday, November 21.
- [The Walt Disney Company (DIS) – 11 reports](https://www.newconstructs.com/the-walt-disney-company-dis/) - See all our reports on The Walt Disney Company.
- [Next-Gen Tech Driving Lasting Profits](https://www.newconstructs.com/next-gen-tech-driving-lasting-profits/) - This company provides the equipment and services to extract oil and gas today, while investing in a cleaner tomorrow.
- [Key Materials Provider Trading at a Large Discount](https://www.newconstructs.com/key-materials-provider-trading-at-a-large-discount/) - The market still underappreciates this company’s profit potential and its stock remains undervalued.
- [Industry Leader on the Cheap](https://www.newconstructs.com/industry-leader-on-the-cheap/) - Though profits fell from record highs in 2023, our thesis remains intact, and the stock remains undervalued.
- [Focus List Stocks: Long – Update 12/18/25](https://www.newconstructs.com/focus-list-stocks-long-update-12-18-25/) - We’ve made the following updates to our Focus List Stocks: Long Model Portfolio as of December 18, 2025.
- [Featured Stock from our Exec Comp Aligned with ROIC Model Portfolio for December 2025](https://www.newconstructs.com/featured-stock-from-our-exec-comp-aligned-with-roic-model-portfolio-for-december-2025/) - Get details on one of the stocks in December's 2025's Executive Compensation Aligned with ROIC Model Portfolio.
- [AI for Smarter Investing & New Memberships | Monthly Podcast with David Trainer and Kyle Guske II](https://www.newconstructs.com/ai-for-smarter-investing-new-memberships-monthly-podcast-with-david-trainer-and-kyle-guske-ii/) - December’s Monthly Podcast replay is now live in our online community.
- [Podcast: Why Stupid Money Risk Is In the Danger Zone](https://www.newconstructs.com/podcast-why-stupid-money-risk-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: Stupid Money Risk.
- [ICYMI: New Long Idea & Danger Zone Pick, New Memberships, Can’t Miss Training Sessions, New Featured Stocks, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-danger-zone-pick-new-memberships-cant-miss-training-sessions-new-featured-stocks-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of December 8, 2025.
- [Exec Comp Aligned with ROIC Model Portfolio: December 2025](https://www.newconstructs.com/exec-comp-aligned-with-roic-model-portfolio-december-2025/) - Professional and higher members and higher can access December's Executive Compensation Aligned With ROIC Model Portfolio as of Friday, December 12.
- [Live Podcast Soon: AI for Smarter Investing & New Memberships](https://www.newconstructs.com/live-podcast-soon-ai-for-smarter-investing-new-memberships/) - All are welcome to join us for our next live podcast on Friday December 12 at 12pm EST.
- [Coming Soon: New Membership Options](https://www.newconstructs.com/coming-soon-new-membership-options/) - We’re developing new memberships that we can’t wait to show you.
- [Ideas Dinner – Pro & Institutional Only Webinar – December 16 at 3:00 CT](https://www.newconstructs.com/ideas-dinner-pro-institutional-only-webinar-december-16-at-300-ct/) - Our next private Ideas Dinner meeting will be Tuesday, December 16 at 3pm CT.
- [All You Can Ask For](https://www.newconstructs.com/all-you-can-ask-for/) - The current stock price creates a great opportunity to get an industry stalwart at a large discount.
- [Allstate (ALL) – 6 reports](https://www.newconstructs.com/allstate-all/) - See all our reports on Allstate.
- [How You Can Profit from Mayhem](https://www.newconstructs.com/how-you-can-profit-from-mayhem/) - As the company rebounds from a tough 2022/2023, it’s clear the market underappreciates the strength of the business.
- [Featured Stock from our Most Attractive Model Portfolio for December 2025](https://www.newconstructs.com/featured-stock-from-our-most-attractive-model-portfolio-for-december-2025/) - Get details on one of the stocks in December 2025's Most Attractive Model Portfolio.
- [Featured Stock from our Most Dangerous Model Portfolio for December 2025](https://www.newconstructs.com/featured-stock-from-our-most-dangerous-model-portfolio-for-december-2025/) - Get details on one of the stocks in December 2025's Most Dangerous Model Portfolio.
- [Not So Bright](https://www.newconstructs.com/not-so-bright/) - We believe that this company cannot meet the future cash flow expectations baked into its current stock price and holds further downside risk.
- [Position Close Update: A Private Off-Ramp](https://www.newconstructs.com/position-close-update-a-private-off-ramp/) - Downside risk has passed. We are taking the win and closing this Danger Zone position.
- [Justifying This Valuation is No Easy Lift](https://www.newconstructs.com/justifying-this-valuation-is-no-easy-lift/) - In a market rewarding hype and narrative, we think there’s no better time to remind investors just how dangerous this stock is.
- [Heavy Lifting Required](https://www.newconstructs.com/heavy-lifting-required/) - Market share and profits have been illusive, and this company certainly knows how to burn cash.
- [2Q23 Earnings Update: Lifted Guidance Doesn’t Justify This Valuation](https://www.newconstructs.com/2q23-earnings-update-lifted-guidance-doesnt-justify-this-valuation/) - 2Q23 earnings are just a drop in the bucket of the expectations baked into this company's stock price.
- [Lyft Inc. (LYFT) – 7 reports](https://www.newconstructs.com/lyft-inc/) - See all our reports on Lyft. Justifying This Valuation is No Easy Lift – 12/8/25 Heavy Lifting Required – published 8/20/24 2Q23 Earnings Update: Lifted Guidance Doesn’t Justify This Valuation – published 8/21/23 Competition Will Run This Company Off the Road – published 7/27/22 Three Stocks That Look More Dangerous Post 1Q21 Earnings – published 5/10/21 The Fundamentals
- [Podcast: Why This Transportation Platform Is Back In the Danger Zone](https://www.newconstructs.com/podcast-why-this-transportation-platform-is-back-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week: Justifying This Valuation is No Easy Lift.
- [ICYMI: New Long Idea, A Danger Zone Pick We’re Thankful For, #1-Ranked Stock Picks, New Featured Stock, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-long-idea-a-danger-zone-pick-were-thankful-for-1-ranked-stock-picks-new-featured-stock-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of December 1, 2025.
- [December 2025 Stock-Picking Accolades: #1 Ranking for 54 Straight Months](https://www.newconstructs.com/december-2025-stock-picking-1-ranking-54-straight-months/) - We are December's 2025's #1 ranked stock picker in Consumer Discretionary and Industrials categories on SumZero rankings.
- [Reports on the Death of Oil and Gas Are Greatly Exaggerated](https://www.newconstructs.com/reports-on-the-death-of-oil-and-gas-are-greatly-exaggerated/) - With persistent demand for oil and gas across the next two decades, this toll-taking operation has ample room to expand.
- [Featured Stock from our Dividend Growth Stocks Model Portfolio for November 2025](https://www.newconstructs.com/featured-stock-from-our-dividend-growth-stocks-model-portfolio-for-november-2025/) - Get details on one of the stocks in November's 2025's Dividend Growth Model Portfolio.
- [Most Attractive Stocks Model Portfolio: December 2025](https://www.newconstructs.com/most-attractive-stocks-model-portfolio-december-2025/) - Professional Members and higher can access December's 40 Most Attractive Stocks as of Wednesday, December 3.
- [Most Dangerous Stocks Model Portfolio: December 2025](https://www.newconstructs.com/most-dangerous-stocks-model-portfolio-december-2025/) - Professional Members and higher can access December's 36 Most Dangerous Stocks as of Wednesday, December 3.
- [Podcast: Why This Danger Zone Pick We're Thankful For Is Back In the Danger Zone](https://www.newconstructs.com/podcast-why-this-danger-zone-pick-were-thankful-for-is-back-in-the-danger-zone/) - CEO David Trainer sat down with Chuck Jaffe of Money Life to talk about our Danger Zone pick this week.
- [ICYMI: New Danger Zone, AI Panel at HBS, Intelligent Edge Podcast, New Featured Stock Pick, Model Portfolio Updates & More](https://www.newconstructs.com/icymi-new-danger-zone-ai-panel-at-hbs-intelligent-edge-podcast-new-featured-stock-pick-model-portfolio-updates-more/) - Here's what happened at New Constructs during the week of November 24, 2025.
- [The Transformative Role of AI In Investing: The Intelligent Edge Podcast](https://www.newconstructs.com/the-transformative-role-of-ai-in-investing-the-intelligent-edge-podcast/) - Learn how our company came about, to how it has been and remains the thought leader in AI for investing.
- [The Impact of AI On Investing: David Trainer’s Presentation at Harvard Business School](https://www.newconstructs.com/the-impact-of-ai-on-investing-david-trainers-presentation-at-harvard-business-school/) - AI is learning the same way as a human analyst, but doing so at a much faster pace.
- [Dividend Growth Stocks Model Portfolio: November 2025](https://www.newconstructs.com/dividend-growth-stocks-model-portfolio-november-2025/) - Professional Members and higher can access November's Dividend Growth Stocks Model Portfolio as of Wednesday, November 26.
- [Dashing to a Crash?](https://www.newconstructs.com/dashing-to-a-crash/) - Despite generating profits for the first time, this company’s fundamentals still look shaky, and its valuation remains extremely expensive.

## Pages

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- [The Number on Your Screen Is a Lie. One Man Built a Machine to Find the Real One.](https://www.newconstructs.com/find-the-real-one/) - Nobody on the financial news explains this to you. So let's do it here.
- [FinSights AI: The Investing Agent You Can Trust](https://www.newconstructs.com/finsights-ai/) - Ask any question about any stock. Get answers grounded in proven-superior data instead of internet noise. FinSights AI from New Constructs on Google Cloud.
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- [The IPO Melt-Up Replay](https://www.newconstructs.com/ipo-melt-up-replay/) - SpaceX. OpenAI. Anthropic. Profit from the multi-trillion dollar machination of the market.
- [The IPO Melt Up: How Smart Investors Use AI to Find Abnormal Investment Opportunities](https://www.newconstructs.com/ipo-melt-up/) - SpaceX. OpenAI. Anthropic. Profit from the $24 trillion reshuffling of the market. The Rules Have Changed. The Market Is Reshuffling.
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- [Education – Value Investing – ValueStep4](https://www.newconstructs.com/education-valuestep4/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How to Value a Stock Step 4: Discounted Cash Flow (DCF) Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="16" font_font="Helvetica"]This is the fourth article in a four part series that walks readers through how to rate and value a stock. Chemical manufacturer DuPont (DD)
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- [False Dividend Stocks - Financhill Email Swap](https://www.newconstructs.com/false-dividend-stocks/) - Anyone thinking that dividend stocks are a good strategy to succeed in these turbulent markets needs to think twice and read our latest report.
- [Education – Metrics – Return On Tangible Invested Capital](https://www.newconstructs.com/education-return-on-tangible-invested-capital/) - Return on tangible invested capital (ROTIC) – formula in Figure 1 – provides additional insights into the profitability of businesses, particularly those with large goodwill and intangibles on the books.
- [(dup) Tariff Twisted Projections](https://www.newconstructs.com/tariff-twisted-projections-2/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Add Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Cutting Through Tariff-Twisted Q1 2025 Earnings Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Profit from The Most Misleading Earnings Season Since COVID Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Add Element
- [The Retirement Revolution - Reg Landing Page - Its Today SMS](https://www.newconstructs.com/the-retirement-revolution-lp/) - Expose these sneaky wealth destroyers and show you how to truly protect and grow your income.
- [The Retirement Revolution - Reg Landing Page - Its Today Email](https://www.newconstructs.com/the-retirement-revolution/) - See what separates a sound dividend strategy from one that might be undermining your financial goals.
- [What Most Retirees Miss - Reg Landing Page - Promo #23 All Star Chart/StockMarketMedia](https://www.newconstructs.com/what-retirees-miss/) - Leverage AI-Driven Research, Proven to Outperform, To Find the Safest, Growing Dividend Stocks
- [What Most Retirees Miss - Reg Landing Page - Promo #23 Option Pit](https://www.newconstructs.com/dividend-shortcut-win-2025/) - Leverage AI-Driven Research, Proven to Outperform, To Find the Safest, Growing Dividend Stocks
- [What Most Retirees Miss - Reg Landing Page - Promo #23 Raging Bull](https://www.newconstructs.com/what-retirees-miss-most/) - Anyone thinking that dividend stocks are a good strategy to succeed in these turbulent markets needs to think twice and read our latest report.
- [(dup) What Most Retirees Miss - Reg Landing Page - Promo #23 All Star Chart](https://www.newconstructs.com/what-retirees-miss-3/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Add Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element 3 False Dividend Stocks That Could Wreck Any Income Portfolio Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element And an upcoming training on how you can leverage proven-superior AI-driven research to
- [What Most Retirees Miss - Reg Landing Page - Promo #23 JC Parets](https://www.newconstructs.com/what-most-retirees-miss/) - Leverage AI-Driven Research, Proven to Outperform, To Find the Safest, Growing Dividend Stocks
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- [About New Constructs — Investment Research & Analysis](https://www.newconstructs.com/about-us/) - New Constructs is an independent research technology firm that provides unrivaled insights into the fundamentals and valuation of businesses.
- [New Constructs Advisory Board](https://www.newconstructs.com/advisory-board/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element New Constructs Advisory Board Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="23" font_color="%23F7F0DE"]Driving the next stage of growth and distribution[/text_block] [text_block style="style_1.png" align="left" font_size="23" font_color="%23F7F0DE"]Driving the next stage of growth and distribution[/text_block]Edit ElementClone ElementAdvanced Element
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- [Most Attractive Stock Pick - May 2025 - Cabot Wealth](https://www.newconstructs.com/most-attractive-stock-may-2025/) - To show you exactly how good our research is, we’re sharing a free stock pick from our Most Attractive Stocks Model Portfolio.
- [Thank You - Featured Most Attractive Stocks - May 2025 - Cabot Wealth](https://www.newconstructs.com/thank-you-featured-most-attractive-stocks/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="26"]Thank you. Expect an email from ‘support@newconstructs.com’ with your free stock pick within the next hour.[/text_block] [text_block style="style_1.png" align="center" font_size="26"]Thank you. Expect an email from ‘support@newconstructs.com’ with your free stock pick within the next
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- [Tariff Proof Stocks to Buy Now](https://www.newconstructs.com/tariff-proof-stocks-to-buy/) - Get stocks that can boost Your Portfolio no matter what happens with tariffs.
- [Market Correction Cash In External](https://www.newconstructs.com/get-market-correction-cash-in/) - While Wall Street scrambles and the media spins its usual tales, some truly solid companies—businesses with real fundamentals—are getting dragged down for no good reason.
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- [Featured Most Attractive Stocks - Feb 2025 - Wall Street Zen](https://www.newconstructs.com/most-attractive-stocks-mar-2025/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element The Most Attractive Stocks in the Market Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="30" font_font="Oswald" font_color="%23ffffff"]Upgrade your portfolio today[/text_block] [text_block style="style_1.png" align="center" font_size="30" font_font="Oswald" font_color="%23ffffff"]Upgrade your portfolio today[/text_block] Add Element Add New Row Edit ElementClone ElementAdvanced Element
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- [How to Profit From Expectations Investing](https://www.newconstructs.com/how-to-profit-from-expectations-investing/) - By digging deep into our proprietary data, our analysts unearthed a specific valuation datapoint that's been largely overlooked.
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- [Thank You - Featured Most Dangerous Stocks - Jan 2025 - Wall Street Zen](https://www.newconstructs.com/thank-you-most-dangerous-stocks-jan2025/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="26"]Thank you. Expect an email from ‘support@newconstructs.com’ with your free stock pick within the next hour.[/text_block] [text_block style="style_1.png" align="center" font_size="26"]Thank you. Expect an email from ‘support@newconstructs.com’ with your free stock pick within the next
- [Featured Most Dangerous Stocks - Jan 2025 - Wall Street Zen](https://www.newconstructs.com/most-dangerous-stocks-jan2025/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element The Most Dangerous Stock to Avoid Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="30" font_font="Oswald" font_color="%23ffffff"]Save your portfolio now[/text_block] [text_block style="style_1.png" align="center" font_size="30" font_font="Oswald" font_color="%23ffffff"]Save your portfolio now[/text_block] Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove
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- [Decoding Q3 Earnings: Investors Guide to Finding Tomorrow's Winners Today](https://www.newconstructs.com/decoding-q3-earnings/) - Election Aftermath: Critical Investment Moves to Make in the Next Two Quarters And Beyond
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- [Education – Metrics – Free Cash Flow Conversion](https://www.newconstructs.com/education-free-cash-flow-conversion/) - Free cash flow conversion – formula in Figure 1 – measures a company’s ability to convert GAAP profits into free cash flow.
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- [Associate Analyst - Job Posting](https://www.newconstructs.com/associate-analyst/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Equity Research - Associate Analyst Position Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Apply Now! Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]The firm: New Constructs is an
- [News and Media Appearances](https://www.newconstructs.com/about-us/new-constructs-news-media-appearances/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Media Features Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]We have the best fundamental data, stock research and stock ratings, and the world notices. Investors deserve disciplined, unconflicted research.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]We have the
- [8-K (Press Release) Coverage Details](https://www.newconstructs.com/press_release_coverage/) - Learn about our coverage of data from press release filings (8-Ks).
- [Newsletter](https://www.newconstructs.com/newsletter/) - Take a tour of the best stock rating service in the industry with New Constructs. Explore our valuation models, portfolio creation, and unlimited research capabilities of our investment research tools today!
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- [Software Developer](https://www.newconstructs.com/software-developer/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Software Developer Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Apply Now! Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]New Constructs is a financial technology firm looking for a
- [Stock Ratings](https://www.newconstructs.com/stock-ratings/) - Our stock rating system uses a 5-point system based on the most important criteria for assessing the risk versus reward of stocks.
- [TD Ameritrade Integrates Our Research](https://www.newconstructs.com/tdameritrade-info/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element TD Ameritrade Integrates New Constructs Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" bottom_margin="15"]Clients of TD Ameritrade can access New Constructs reports and ratings on over 10,000 stocks, mutual funds, and exchange-traded funds (ETFs) directly from their TD Ameritrade accounts. Contact TD Ameritrade support with
- [Sector Ratings](https://www.newconstructs.com/sector-ratings/) - Our sector ratings use a 5-point system based on the most important criteria for assessing the risk versus reward of the stocks in that sector.
- [Screening Tools](https://www.newconstructs.com/screeners/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Screening Tools Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Our powerful screening tools allow members to find securities that meet their particular criteria. Screen stocks, ETFs & mutual funds to find the securities you are looking for. Stock Screener[/text_block]
- [Education – Landing Page – ROIC](https://www.newconstructs.com/return-on-invested-capital-roic/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Return On Invested Capital (ROIC) Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Below we provide multiple methodologies for calculating return on invested capital (ROIC). The best fundamental data in the world, as proven by Core Earnings: New Data and Evidence, forthcoming in The Journal of
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- [Papers & Case Studies](https://www.newconstructs.com/papers-case-studies/) - Papers and case studies that provide proof of the superiority of our data, models, & ratings.
- [Models Results Pages Tutorials](https://www.newconstructs.com/models-results-pages-tutorials/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Results Pages Tutorial Videos Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Models: Results — Decision [/text_block] [text_block style="style_1.png" align="left" font_font="Helvetica"]Models: Results — Decision [/text_block]Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit
- [Models Marked Up Filings Pages Tutorials](https://www.newconstructs.com/models-marked-up-filings-pages-tutorials/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Marked-up Filings Page Tutorial Videos Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Models: Marked-up Filings – See all source data[/text_block] [text_block style="style_1.png" align="left" font_font="Helvetica"]Models: Marked-up Filings – See all source data[/text_block]Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone
- [Models Financials & Metrics Pages Tutorials](https://www.newconstructs.com/models-financials-metrics-pages-tutorials/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Financials & Metrics Pages Tutorial Videos Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Models: Financials & Metrics – Metrics [/text_block] [text_block style="style_1.png" align="left" font_font="Helvetica"]Models: Financials & Metrics – Metrics [/text_block]Edit
- [Education - Methodology - Model Adjustments For Real Estate Investment Trust (REIT) Companies](https://www.newconstructs.com/model-adjustments-real-estate-investment-trust-companies/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Equity Model Adjustments For Real Estate Investment Trust (REIT) Companies Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"] This report explains the differences in our models for real estate investment trust (REIT) companies compared to standard industrial company models.
- [Education - Methodology - Model Adjustments For Financial and Non-Financial Companies](https://www.newconstructs.com/model-adjustments-financial-non-financial-comanies/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Equity Model Adjustments for Financial vs. Non-Financial Companies Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"] This report explains why certain calculations in our company valuation models are different for financial companies. These differences are necessary to produce apple-to-apples
- [Cancel Membership](https://www.newconstructs.com/membership-cancellation/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Cancel My Membership Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="23" font_color="%23F7F0DE"]Enter your email address to cancel your membership. Submitting your cancellation will immediately revoke your access to the product. This happens instantly so please be sure to cancel only when you're ready to
- [Junior Software Developer](https://www.newconstructs.com/junior-developer/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Junior Software Developer Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Apply Now! Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]New Constructs is a financial technology firm looking for
- [Education – Metrics – Invested Capital Turns](https://www.newconstructs.com/invested-capital-turns/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Invested Capital Turns Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected
- [Interactive Brokers Info](https://www.newconstructs.com/interactive-brokers-info/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Interactive Brokers Integrates New Constructs Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]Clients of Interactive Brokers have access to New Constructs reports and ratings on over 10,000 stocks, mutual funds, and exchange-traded funds (ETFs) directly from their IBKR accounts. Contact IBKR support with questions. New
- [Markit HUB Video Tour](https://www.newconstructs.com/hub-info/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Markit HUB Partnership Benefits Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica" font_color="%23000000" bottom_margin="15"]Markit HUB offers unlimited access to our research reports & access to our Unlimited Membership. Contact us at support@newconstructs.com for details. See this video on our Unlimited Membership available through Markit HUB.[/text_block] [text_block style="style_1.png"
- [How to Find Valuation Adjustments](https://www.newconstructs.com/how-to-find-valuation-adjustments/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Identifying Red Flags: Valuation Adjustments Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]This video shows you how to find valuation adjustments in our company models. [/text_block] [text_block style="style_1.png" align="left" font_font="Helvetica"]This video shows you how to find valuation adjustments in
- [Historical Coverage Universe](https://www.newconstructs.com/historical-coverage-universe/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Coverage Universe History Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="17"]New Constructs was founded in 2002 to provide unrivaled insights into the fundamentals and
- [Fund Ratings](https://www.newconstructs.com/fund-ratings/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element ETF and Mutual Fund Ratings Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]QUESTION: Why should fund investors rely on backward-looking fund ratings? ANSWER: They should not. QUESTION: Why has backward-looking fund research dominated for so long? ANSWER: Most investors are slow to change, and legacy firms
- [E*TRADE Integrates Our Research](https://www.newconstructs.com/etrade-info/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element E*TRADE Integrates New Constructs Sector/Industry Ratings & Research Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]E*TRADE clients get access to New Constructs’ sector and industry ratings and analyst commentary directly from their E*TRADE accounts. Contact E*TRADE support with questions. Elite money managers, advisors and institutions have been using New
- [Education – Metrics – Variable & Not Yet Commenced Leases](https://www.newconstructs.com/education/variable-not-yet-commenced-leases/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Variable & Not Yet Commenced Leases Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]The Financial Accounting Standards Board (FASB) introduced ASU 2016-02 (Topic 842) to require companies to recognize operating lease assets and liabilities on the balance sheet. Details
- [Education - Removing Hedge Ineffectiveness Disclosure](https://www.newconstructs.com/education/removing-hedge-infeffectiveness-disclosure/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Removing the Hedge Ineffectiveness Disclosure Requirement Is Not Good for Investors Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"] The Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2017-12, reduces the disclosure requirements for companies and makes it more difficult for investors to
- [Education - Removing Amortization of Capitalized Interest Disclosure](https://www.newconstructs.com/education/removing-amortization-capitalized-interest-disclosure/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Not Requiring the Amortization of Capitalized Interest Disclosure Is Not Good for Investors Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"] With the SEC’s Disclosure Update and Simplification (Release No. 33-10532; 34-83875; IC 33206; File No. S7-15-16), regulators reduce the disclosure requirements for companies
- [Pension Plan Costs - NOPAT Adjustment](https://www.newconstructs.com/education/pension-plan-costs/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Pension Plan Costs – NOPAT Adjustment Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]This report is one of a series on the adjustments we make to convert GAAP data to economic earnings and Core Earnings. Reported earnings don’t tell the whole story of a company’s profits. They
- [Education - Pension Cost Accounting Rule Change](https://www.newconstructs.com/education/pension-cost-accounting-rule-change/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Pension Cost Accounting Rule Change Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]The Financial Accounting Standards Board (FASB) introduced a new accounting standard that requires companies to present service cost as the only operating component of periodic pension costs on the income statement. Our
- [Operating Leases – Invested Capital Adjustment](https://www.newconstructs.com/education/operating-leases/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Operating Leases – Invested Capital Adjustment Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]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
- [Education - New Operating Lease Disclosures: the Good, the Bad & the Non-Compliant](https://www.newconstructs.com/education/operating-lease-disclosures-good-bad-non-compliant/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element New Operating Lease Disclosures: the Good, the Bad & the Non-Compliant Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Many companies are not complying with the Financial Accounting Standards Board’s (FASB) new standard (ASU 2016-02) for reporting operating lease assets and liabilities on the balance
- [Education - Misleading Operating Lease Discount Rates](https://www.newconstructs.com/education/misleading-operating-lease-discount-rates/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How Operating Lease Discount Rates Can Mislead Investors Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]A new accounting rule added nearly $3 trillion to corporate balance sheets in 1Q19. Operating lease obligations, formerly buried in the footnotes, must now be reported as a liability
- [Education - Variable and Not Yet Commenced Lease Adjustment](https://www.newconstructs.com/education/impacts-variable-not-yet-commenced-leases/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element The Impacts of Variable and Not-Yet-Commenced Leases Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]The Financial Accounting Standards Board (FASB) introduced ASU 2016-02 (Topic 842) to require companies to recognize operating lease assets and liabilities on the balance sheet. Details here. However, companies have found
- [Education - Impacts of Operating Leases Moving to the Balance Sheet](https://www.newconstructs.com/education/impacts-operating-leases-on-balance-sheet/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element The Impacts of Operating Leases Moving to the Balance Sheet Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]The Financial Accounting Standards Board (FASB) introduced a new accounting standard (ASU 2016-02) that requires companies to recognize operating lease assets and liabilities on the balance sheet.
- [Education - How Companies Implemented the New Revenue Recognition Standard](https://www.newconstructs.com/education/how-companies-implemented-new-revenue-recognition-standard/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How Companies Implemented the New Revenue Recognition Standard Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Five years after the Financial Accounting Standards Board (FASB) first issued new revenue recognition rules, we finally get to see its impact on reported financials. The new standard was originally
- [Education – FASB Tracking & Alerts – 4Q19](https://www.newconstructs.com/education/fasb-tracking-alerts-4q19/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element FASB Tracking & Alerts What Investors Need to Know Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Introduction Welcome to our report giving investors the scoop on what’s happening at the FASB and IASB and how it affects fundamental analysis. The goal of this publication
- [Finance 101](https://www.newconstructs.com/education/education-close-the-loopholes/finance-101/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Finance 101 Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Finance is the process for making accounting data useful. Incomplete accounting data not only has low utility but also can be misleading. The only way to have a complete set of accounting data is to
- [Education – Close the Loopholes](https://www.newconstructs.com/education/education-close-the-loopholes/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How to Close Accounting Loopholes Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Here are the ways to close the accounting loopholes to get a true picture of a company's finances. If you are looking for the best financial analysis, you've come to the right place.
- [Credit Rating Metrics](https://www.newconstructs.com/education/credit-rating-metrics/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Credit Rating Metrics Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Below we provide definitions for the five fixed income ratios that drive our Credit Ratings along with details on how our "Adjusted" ratios based on more reliable fundamental data compare to the "Traditional" ratios based on
- [Basic Metrics](https://www.newconstructs.com/education/basic-metrics/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Basic Metrics Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Below we highlight some of the common metrics investors and analysts use to value a company, and the drawbacks of doing so. We recommend investors use our more accurate, enhanced measures to truly understand the
- [Education - ASU 2016-01 Impact on Invested Capital and OCI](https://www.newconstructs.com/education/asu-2016-01-impact-invested-capital-oci/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How ASU 2016-01 Impacts Invested Capital and OCI Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]The Financial Accounting Standards Board (FASB) passed ASU 2016-01, “Recognition and Measurement of Financial Assets and Financial Liabilities,” in January 2016 with implementation beginning in fiscal year 2018. This rule
- [Accounting Loopholes](https://www.newconstructs.com/education/accounting-loopholes/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element 30+ Accounting Adjustments to Eliminate Loopholes Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="16" font_font="Helvetica"]The best fundamental data in the world drives our research. Here’s the proof. Reported earnings don’t tell the whole story of a company’s profits. They are based on accounting rules designed
- [Education – Value Investing – Valuation 101](https://www.newconstructs.com/education-valuation-101/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Valuation Explained Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="16" font_font="Helvetica"]Valuation 101: Buy low expectations and sell/short abnormally high expectations. This strategy is based on the principle: The value of an asset equals the present value of the future cash flows available to the
- [Education – Methodology – Total Annual Costs](https://www.newconstructs.com/education-total-annual-costs/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How We Rate ETF and Mutual Fund Costs Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Summary A key component of our Predictive Rating, Total Annual Costs reflect the all-in cost of a minimum investment in each fund assuming a 3-year holding period, the average
- [Sector Level Stats 4Q20](https://www.newconstructs.com/education-sector-level-metrics-stats/) - Sector Level Stats 4Q20
- [Sector Level Stats 3Q22](https://www.newconstructs.com/education-sector-level-metrics-stats-4q22/) - Sector Level Stats for 3Q22.
- [Sector Level Stats 4Q22](https://www.newconstructs.com/education-sector-level-metrics-stats-4q22-2/) - Sector Level Stats for 4Q22.
- [Sector Level Stats 3Q21](https://www.newconstructs.com/education-sector-level-metrics-stats-4q21/) - Sector Level Stats for 3Q21.
- [Sector Level Stats 3Q23](https://www.newconstructs.com/education-sector-level-metrics-stats-3q23/) - Sector Level Stats for 3Q23.
- [Sector Level Stats 2Q22](https://www.newconstructs.com/education-sector-level-metrics-stats-3q22/) - Sector Level Stats for 2Q22.
- [Sector Level Stats 2Q21](https://www.newconstructs.com/education-sector-level-metrics-stats-3q21/) - Sector Level Stats for 2Q21.
- [Sector Level Stats 2Q23](https://www.newconstructs.com/education-sector-level-metrics-stats-2q23/) - Sector Level Stats for 2Q23.
- [Sector Level Stats 1Q22](https://www.newconstructs.com/education-sector-level-metrics-stats-2q22/) - Sector Level Stats for 1Q22.
- [Sector Level Stats 1Q21](https://www.newconstructs.com/education-sector-level-metrics-stats-2q21/) - Sector Level Stats for 1Q21
- [Education – Sector Level Stats 1Q24](https://www.newconstructs.com/education-sector-level-metrics-stats-1q24/) - Sector Level Stats for 1Q24
- [Sector Level Stats 1Q23](https://www.newconstructs.com/education-sector-level-metrics-stats-1q23/) - Sector Level Stats for 1Q23
- [Sector Level Stats 4Q21](https://www.newconstructs.com/education-sector-level-metrics-stats-1q22/) - Sector Level Stats for 4Q21
- [Education – ROIC Drivers - More Rigorous Dupont Analysis](https://www.newconstructs.com/education-roic-drivers-dupont-analysis/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element ROIC Drivers - DuPont Model Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the
- [Education – Metrics – Return On Gross Invested Capital](https://www.newconstructs.com/education-return-on-gross-invested-capital/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Return On Gross Invested Capital (ROGIC) Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of
- [Education – Value Investing –Real World Value](https://www.newconstructs.com/education-real-world-value/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element A Real World Story About Value Investing Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="16" font_font="Helvetica"]As we have discussed numerous times, the best and easiest way to make money in the stock market is to follow the principles of value investing. Removing noise from
- [Education – Methodology – Portfolio Management](https://www.newconstructs.com/education-portfolio-management/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How We Rate ETF and Mutual Fund Holdings Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]The Portfolio Management Rating of an ETF or a fund is based on the aggregated stock ratings of the securities it holds as well as its overall Asset Allocation
- [Education – Metrics – Overall Credit Rating](https://www.newconstructs.com/education-overall-credit-rating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Overall Credit Rating Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected
- [Education – Metrics – Operating Leases](https://www.newconstructs.com/education-operating-leases/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Operating Leases Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected public
- [Education – Metrics – NOPBT](https://www.newconstructs.com/education-net-operating-profit-before-tax/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Net Operating Profit Before-Tax (NOPBT) & NOPBT Margin Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the
- [Education – Value Investing – Make Value investing Easy](https://www.newconstructs.com/education-make-value-investing-easy/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How to Make Value Investing Easy Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]What Is Value Investing? “If you are an investor, your decision to buy and sell is based on the underlying economics of the stock you own.” Value investing is how Warren
- [Education – Value Investing – Investment Strategy 101](https://www.newconstructs.com/education-investment-strategy-101/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Solid Investment Strategy Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="16" font_font="Helvetica"]The key to suc­cess­ful Invest­ing is max­i­miz­ing upside poten­tial and min­i­miz­ing down­side poten­tial for every invest­ment decision. Since the future is inherently unpre­dictable, there are no “sure things” in the stock mar­ket (none
- [Education – Value Investing – Investing not speculating](https://www.newconstructs.com/education-investing-not-speculating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Investing vs Speculating Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]True value investing is a journey, fueled by strategic and calculated decision-making. On the other hand, speculating is a reckless gamble, a short-sighted pursuit of quick profits. Don't be fooled by Wall Street's rhetoric -
- [Education – Metrics – Interest Coverage Credit Rating](https://www.newconstructs.com/education-interest-coverage-rating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Interest Coverage Ratio Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected
- [Education – Metrics – Incremental ROIC](https://www.newconstructs.com/education-incremental-roic/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Incremental Return On Invested Capital Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the
- [Education – Metrics – Income Tax Distortion](https://www.newconstructs.com/education-income-tax-distortion/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Income Tax Distortion Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected
- [Education – Metrics – GAAP-Based ROIC](https://www.newconstructs.com/education-gaap-based-return-on-invested-capital/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element GAAP-Based Return On Invested Capital Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the
- [Education – Metrics – Fixed Income](https://www.newconstructs.com/education-fixed-income/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Fixed Income Metrics Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected
- [Education – Metrics – FCF to Debt Credit Rating](https://www.newconstructs.com/education-fcf-to-debt-rating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Free Cash Flow (3 yr Avg.) to Debt Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from
- [Education – Metrics – Enterprise Value](https://www.newconstructs.com/education-enterprise-value/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Enterprise Value Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected public
- [Education – Metrics – Ending ROIC](https://www.newconstructs.com/education-ending-roic/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Ending Return on Invested Capital (ROIC) Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected
- [Education – Metrics – EBITDA to Debt Credit Rating](https://www.newconstructs.com/education-ebitda-to-debt-rating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element EBITDA to Debt Ratio Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most
- [Education – Metrics – Debt to Capital Credit Rating](https://www.newconstructs.com/education-debt-to-capital-rating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Debt to Capital Ratio Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most
- [Education – Metrics – Cash to Debt Credit Rating](https://www.newconstructs.com/education-cash-to-debt-rating/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Cash to Debt Ratio Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most
- [Education – Methodology – Asset Allocation](https://www.newconstructs.com/education-asset-allocation/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How We Rate Asset Allocation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Summary The Asset Allocation Rating informs investors of each fund’s level of allocation to cash (non-equities) as well as how that level compares to other equity mutual funds. We assume investors in
- [Education – Metrics – 3-Year Average ROIC](https://www.newconstructs.com/education-3-year-average-return-on-invested-capital/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element 3-Year Average Return On Invested Capital Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the
- [Education - Methodology - Earnings Press Releases In Our Model](https://www.newconstructs.com/earnings-press-releases-in-our-model/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How We Use Earnings Press Releases In Our Models Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Our Company Valuation Models integrate Earnings Press Release data that is filed with the SEC prior to a company’s 10-K or 10-Q.Learn more
- [Earnings Distortion Scores](https://www.newconstructs.com/earnings-distortion-scores/) - Learn how we calculate our Earnings Distortion Scores, a measure of how likely a company is to beat or miss earnings estimates in the next quarter.
- [Education – Metrics – Dividend Yield](https://www.newconstructs.com/dividend-yield/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Dividend Yield Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the most respected public
- [Education – Metrics – Dividend Increases in the Last Decade](https://www.newconstructs.com/dividend-increases-last-decade/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Dividend Increases in the Last Decade Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of
- [Traditional Value Screens - More Details](https://www.newconstructs.com/data/traditional-value-screens/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Traditional Value Screens Dataset Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]We provide scrubbed accounting data – a better version of the components used in your traditional value screens.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]We provide scrubbed accounting
- [Total Assets to Adjusted Book Value (Invested Capital) Reconciliation - More Details](https://www.newconstructs.com/data/total-assets-to-invested-capital/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Total Assets to Adjusted Book Value (Invested Capital) Reconciliation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]Total Assets (unadjusted) - Excess Cash - NIBCL (Non-Interest-Bearing
- [ROIC Variations - More Details](https://www.newconstructs.com/data/roic-variations/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element ROIC – Variations Dataset Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]There are many ways to calculate ROIC. We help you analyze them all.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]There are many ways to calculate ROIC. We help
- [Revenue to Adjusted EBITDA Reconciliation - More Details](https://www.newconstructs.com/data/revenue-to-ebitda/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Revenue to Adjusted EBITDA Reconciliation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]Total Operating Revenue +
- [Investment Ratings - More Details](https://www.newconstructs.com/data/ratings-stock-etf-mf/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Investment Ratings Dataset Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]Overall and Component Risk/Reward Investment Ratings on stocks, ETFs and mutual funds. Ratings are updated daily.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]Overall and Component Risk/Reward Investment Ratings on
- [Net Income to NOPAT Reconciliation - More Details](https://www.newconstructs.com/data/net-income-to-nopat/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Net Income to NOPAT Reconciliation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]The basic adjustments we make to convert Net Income to NOPAT.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]The basic adjustments we make to convert Net Income to
- [Equity Market Value to Enterprise Value Reconciliation - More Details](https://www.newconstructs.com/data/market-value-to-ev/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Market Value to Enterprise Value Reconciliation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]Market Value of Basic Equity - Excess Cash - Net Assets from
- [Enhanced Value Screens - More Details](https://www.newconstructs.com/data/enhanced-value-screens/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Enhanced Value Screens Dataset Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]Enhanced value screens offered as replacement for traditional screens.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]Enhanced value screens offered as replacement for traditional screens.[/text_block]Edit ElementClone ElementAdvanced Element OptionsMoveRemove
- [Economic Book Value - More Details](https://www.newconstructs.com/data/economic-book-value/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Economic Book Value Details Dataset Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]Economic Book Value provides a better measure of book value. It is a cash flow-based measure of the no-growth value of a business.[/text_block] [text_block style="style_1.png"
- [Detailed Net Income to NOPAT Reconciliation - More Details](https://www.newconstructs.com/data/detailed-net-income-to-nopat/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Detailed Net Income to NOPAT Reconciliation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]The detailed adjustments dataset featured in the HBS & MIT Sloan Paper that we use to convert Reported Net Income to NOPAT.[/text_block] [text_block style="style_1.png"
- [Core Earnings & Earnings Distortion](https://www.newconstructs.com/data/core-earnings-earnings-distortion/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Core Earnings & Earnings Distortion Data Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]The Core Earnings and Earnings Distortion ("Total Adjustments") data presented in the paper by HBS & MIT Sloan professors, forthcoming in The Journal of
- [Accounting Book Value to Adjusted Book Value (Invested Capital) Reconciliation - More Details](https://www.newconstructs.com/data/book-value-to-invested-capital/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Accounting Book Value to Adjusted Book Value (Invested Capital) Reconciliation Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left"]Total Shareholders' Equity (Accounting Book Value) + Short-Term
- [Education – Metrics – Consecutive Years of Dividend Increases](https://www.newconstructs.com/consecutive-years-dividend-increases/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Consecutive Years of Dividend Increases Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Metrics are only as good as the data that drive them. The best fundamental data in the world drives our metrics. Here’s proof from some of the
- [Comparison to our Competitors](https://www.newconstructs.com/competitors/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Compare Us to the Competition Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]See how we stack up.[/text_block] [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]See how we stack up.[/text_block] Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element
- [Education – Accounting Rule Changes Homepage](https://www.newconstructs.com/accounting-rule-changes/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Accounting Rule Changes Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Accounting rules are updated and changed regularly and were originally designed for debt investors, not equity investors. Our in-depth analysis of accounting rule changes reveals how each affects reported performance and often leads investors
- [Economic Earnings](https://www.newconstructs.com/education-close-loopholes-econ-vs-acctng-earnings/) - Economic earnings represent the true earnings for shareholders and are very different from accounting earnings.
- [Join Our Live Video Podcast to Discuss Investing, Ratings, Models, Stock Picks](https://www.newconstructs.com/podcast/) - David Trainer and our expert team host monthly live calls to discuss our latest research, answer your questions, and provide deeper insights into our findings.
- [Thank You - Data Request - Non FastTrack](https://www.newconstructs.com/thank-you-data-request-non-fasttrack/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Thank you...and next steps Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica" font_color="%23000000" bottom_padding="25"]Thank you for scheduling a meeting with us. We look forward to it. Please have the following ready for the meeting: The backtest data feeds you want Add'l details on anything
- [Thank You - Data Request - FastTrack](https://www.newconstructs.com/thank-you-data-request-fasttrack/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Thank you...and next steps Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica" font_color="%23000000" bottom_padding="25"]Thank you for scheduling a meeting with us. We look forward to it. Please bring the list of the backtest data feeds you want to the meeting. If you have not
- [Thank You - Institutional Membership Annual](https://www.newconstructs.com/thank-you-institutional-member-annual/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Thank You and Welcome to New Constructs Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica" font_color="%23000000"]Create your password by clicking the blue “Set Password” button in the confirmation email, from support@newconstructs.com, on its way now. Your username is the email address you provided. If
- [Thank You - Institutional Membership](https://www.newconstructs.com/thank-you-institutional-member/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Thank You and Welcome to New Constructs Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica" font_color="%23000000"]Create your password by clicking the blue “Set Password” button in the confirmation email, from support@newconstructs.com, on its way now. Your username is the email address you provided. If
- [Thank You - Institutional Interest](https://www.newconstructs.com/thank-you-institutional-interest/)
- [Economic Book Value - More Details](https://www.newconstructs.com/economic-book-value-old/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Economic Book Value Details Dataset Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="18" font_color="%23000000"]Economic Book Value provides a better measure of "book" value. It
- [Detailed Net Income to NOPAT Reconciliation with Line Item Sums & Counts - More Details](https://www.newconstructs.com/data/detailed-net-income-to-nopat-sums-counts/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Detailed Net Income to NOPAT Reconciliation with Line Item Sums & Counts Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_size="23" font_color="%23F7F0DE"]Deeper, line item level details on the adjustments featured in the HBS & MIT Sloan Paper. Get the
- [Data Packages](https://www.newconstructs.com/data/data-packages/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element A New Paradigm For Fundamental Data Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="center" font_color="%23ffffff"]For 5,000+ U.S. Exchange-traded stocks, 700+ ETFs and 7,000+ mutual funds with history back to 1998.[/text_block] [text_block style="style_1.png" align="center" font_color="%23ffffff"]For 5,000+ U.S. Exchange-traded stocks, 700+ ETFs and 7,000+ mutual funds with
- [How We Process Filings](https://www.newconstructs.com/how-we-process-filings/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element How We Process Filings Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="17"]Processing new filings and updating our models quickly is of utmost importance to
- [Education – FASB Tracking & Alerts](https://www.newconstructs.com/education/fasb-tracker/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element FASB Tracking & Alerts What Investors Need to Know Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica"]Introduction Welcome to our report giving investors the scoop on what’s happening at the FASB and IASB and how it affects fundamental analysis. The goal of this publication
- [Trial Confirmation](https://www.newconstructs.com/trial-confirmation/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Trial Account Created Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Create Another Trial Account Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element
- [Thank You - Stock Tracker 50 Membership](https://www.newconstructs.com/thank-you-stock-tracker-50-member/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Thank You and Welcome to New Constructs Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_font="Helvetica" font_color="%23000000" bottom_padding="0"]Create your password by clicking the blue “Set Password” button in the confirmation email, from support@newconstructs.com, on its way now. Your username is the email address you provided.
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- [Create a Trial](https://www.newconstructs.com/create-trial/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Create a 2 Week Professional Membership Trial Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="22" font_color="%23F7F0DE" top_padding="0"]After you click the button, you'll be asked to provide
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- [Current Coverage Universe](https://www.newconstructs.com/current-coverage-universe/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Coverage Universe Methodology Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element [text_block style="style_1.png" align="left" font_size="17"]In April 2022, we adopted a new coverage universe methodology - a set of
- [Complementary Confirmation](https://www.newconstructs.com/complementary-confirmation/) - Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Complementary Membership Created Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element Add New Row Edit ElementClone ElementAdvanced Element OptionsMoveRemove Element -- SPACER -- Add Element

## My Templates

- [Default Kit](https://www.newconstructs.com/?elementor_library=default-kit)
- [Landing Page - Live Migration](https://www.newconstructs.com/?elementor_library=landing-page-live-migration) - Education Research Portfolios Ratings Screeners Data Get Access Robo-analyst technology Investment research automation gives you an edge you can’t get anywhere else Unique earnings research for 10,000+ stocks, bonds, ETFs, and mutual funds – powered by advanced machine learning Superior data Traditional firms miss important accounting adjustments. Only the Robo-Analyst catches the key data buried

## Landing Pages

- [Robo-Analyst Technology](https://www.newconstructs.com/landing/robo-analyst-technology/) - Get an edge with our robo-analyst technology. Unique research for 10,000+ stocks, bonds, ETFs, and mutual funds – powered by AI & machine learning.

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- [Best & Worst ETFs & Mutual Funds by Style](https://www.newconstructs.com/category/style/)
- [IPO Research](https://www.newconstructs.com/category/ipo-research/)
- [Exec Comp Aligned With ROIC](https://www.newconstructs.com/category/exec-comp-aligned-with-roic/)
- [Model Portfolios](https://www.newconstructs.com/category/model-portfolios/)
- [ROIC Drives Equity Valuation](https://www.newconstructs.com/category/roic-drives-valuation/)
- [Safest Dividend Yields](https://www.newconstructs.com/category/top-dividend-yield-stocks/)
- [ICYMI](https://www.newconstructs.com/category/icymi/)
- [DOL Fiduciary Regulation](https://www.newconstructs.com/category/dol-fiduciary-regulation/)
- [Enterprise Value Optimization](https://www.newconstructs.com/category/enterprise-value-optimization/)
- [Footnotes Season Finds (forensic accounting in real-time)](https://www.newconstructs.com/category/real-earnings-season/)
- [Dividend Growth Stocks](https://www.newconstructs.com/category/dividend-growth-stocks/)
- [Accounting Rule Changes](https://www.newconstructs.com/category/accounting-rule-changes/)
- [Focus List - Long](https://www.newconstructs.com/category/focus-list-long/)
- [Focus List - Short](https://www.newconstructs.com/category/focus-list-short/)
- [Machine Learning & AI in Finance](https://www.newconstructs.com/category/machine-learning-ai-finance/)
- [Media Features & Events](https://www.newconstructs.com/category/media-features-events/)
- [Direct Access to our Experts: Live Podcasts and the Society of Intelligent Investors](https://www.newconstructs.com/category/live-webinars/)
- [M&A Analysis](https://www.newconstructs.com/category/ma-analysis/)
- [Model Portfolio Performance](https://www.newconstructs.com/category/model-portfolio-performance/)
- [Idiosyncratic Alpha from Core Earnings & Earnings Distortion](https://www.newconstructs.com/category/earnings-distortion-scorecard/)
- [Backtest Data Details & Case Studies](https://www.newconstructs.com/category/backtest-data-details/)
- [Fundamental Macro Trends & Sector Fundamentals](https://www.newconstructs.com/category/fundamental-market-sector-trends/)
- [Sector & Industry Fundamentals](https://www.newconstructs.com/category/sector-industry-fundamentals/)
- [Company Report Index](https://www.newconstructs.com/category/company-report-index/)
- [Value Investing Accelerator](https://www.newconstructs.com/category/value-investing-accelerator/)
- [About Page](https://www.newconstructs.com/category/about/)
- [Documentation Page](https://www.newconstructs.com/category/documentation/)
- [Thank You Page](https://www.newconstructs.com/category/thank-you-page/)
- [Admin Page - Internal Only](https://www.newconstructs.com/category/admin-page-internal-only/)
- [Support Page](https://www.newconstructs.com/category/support/)
- [Education Page](https://www.newconstructs.com/category/education/)
- [Sector Stats Page](https://www.newconstructs.com/category/education/sector-stats/)
- [Sales Page](https://www.newconstructs.com/category/sales-page/)
- [Legal Page](https://www.newconstructs.com/category/legal-page/)
- [Homepage](https://www.newconstructs.com/category/homepage/)
- [Partnership Page](https://www.newconstructs.com/category/about/partnership/)
- [Careers Page](https://www.newconstructs.com/category/about/careers/)
- [Product Page](https://www.newconstructs.com/category/product-page/)
- [Live Training Sessions](https://www.newconstructs.com/category/live-training-sessions/)
- [Tutorial Page](https://www.newconstructs.com/category/education/tutorial-page/)
- [Methodology Page](https://www.newconstructs.com/category/education/methodology-page/)
- [Metrics Page](https://www.newconstructs.com/category/education/metrics-page/)
- [Training Page](https://www.newconstructs.com/category/education/training-page/)
- [Adjustments Page](https://www.newconstructs.com/category/education/adjustments-page/)
- [Accounting Rule Changes Page](https://www.newconstructs.com/category/education/accounting-rule-changes-education/)
- [Webinar Pages](https://www.newconstructs.com/category/education/webinar-pages/)
- [Data Product Page](https://www.newconstructs.com/category/product-page/data-product-page/)
- [Blog Page](https://www.newconstructs.com/category/blog-page/)
- [David Trainer's E-Letters](https://www.newconstructs.com/category/david-trainers-e-letters/)
- [Community Page](https://www.newconstructs.com/category/community-page/)
- [Live-traded Indices](https://www.newconstructs.com/category/live-traded-indices/)

## Tags

- [Proof Is In Performance](https://www.newconstructs.com/tag/proof-is-in-performance/)
- [Wall Street](https://www.newconstructs.com/tag/wall-street/)
- [Integrity](https://www.newconstructs.com/tag/integrity/)
- [NOPAT](https://www.newconstructs.com/tag/nopat/)
- [finance](https://www.newconstructs.com/tag/finance/)
- [NOPAT MARGIN](https://www.newconstructs.com/tag/nopat-margin/)
- [database](https://www.newconstructs.com/tag/database/)
- [regulatory reform](https://www.newconstructs.com/tag/regulatory-reform/)
- [SEC](https://www.newconstructs.com/tag/sec/)
- [FDIC](https://www.newconstructs.com/tag/fdic/)
- [congress](https://www.newconstructs.com/tag/congress/)
- [senate](https://www.newconstructs.com/tag/senate/)
- [investing](https://www.newconstructs.com/tag/investing/)
- [valuation](https://www.newconstructs.com/tag/valuation/)
- [corporate profits](https://www.newconstructs.com/tag/corporate-profits/)
- [value](https://www.newconstructs.com/tag/value/)
- [stocks](https://www.newconstructs.com/tag/stocks/)
- [present value](https://www.newconstructs.com/tag/present-value/)
- [cash flow](https://www.newconstructs.com/tag/cash-flow/)
- [assets](https://www.newconstructs.com/tag/assets/)
- [investment strategy](https://www.newconstructs.com/tag/investment-strategy/)
- [risk](https://www.newconstructs.com/tag/risk/)
- [reward](https://www.newconstructs.com/tag/reward/)
- [upside potential](https://www.newconstructs.com/tag/upside-potential/)
- [downside risk](https://www.newconstructs.com/tag/downside-risk/)
- [Free Archive](https://www.newconstructs.com/tag/free-archive/)
- [investment decision](https://www.newconstructs.com/tag/investment-decision/)
- [expecations](https://www.newconstructs.com/tag/expecations/)
- [dynamic discounted cash flow model](https://www.newconstructs.com/tag/dynamic-discounted-cash-flow-model/)
- [discounted cash flow model](https://www.newconstructs.com/tag/discounted-cash-flow-model/)
- [competitors](https://www.newconstructs.com/tag/competitors/)
- [transparency](https://www.newconstructs.com/tag/transparency/)
- [diligence](https://www.newconstructs.com/tag/diligence/)
- [independent research](https://www.newconstructs.com/tag/independent-research/)
- [propaganda](https://www.newconstructs.com/tag/propaganda/)
- [GAAP](https://www.newconstructs.com/tag/gaap/)
- [earnings](https://www.newconstructs.com/tag/earnings/)
- [regulators](https://www.newconstructs.com/tag/regulators/)
- [Insider Trading](https://www.newconstructs.com/tag/insider-trading/)
- [Invested Capital](https://www.newconstructs.com/tag/invested-capital/)
- [Invested Capital Turns](https://www.newconstructs.com/tag/invested-capital-turns/)
- [ROIC](https://www.newconstructs.com/tag/roic/)
- [speculating](https://www.newconstructs.com/tag/speculating/)
- [investor](https://www.newconstructs.com/tag/investor/)
- [speculation](https://www.newconstructs.com/tag/speculation/)
- [buy](https://www.newconstructs.com/tag/buy/)
- [sell](https://www.newconstructs.com/tag/sell/)
- [yield](https://www.newconstructs.com/tag/yield/)
- [TED Spread](https://www.newconstructs.com/tag/ted-spread/)
- [financial crisis](https://www.newconstructs.com/tag/financial-crisis/)
- [LIBOR](https://www.newconstructs.com/tag/libor/)
- [credit rates](https://www.newconstructs.com/tag/credit-rates/)
- [Lehman Crisis](https://www.newconstructs.com/tag/lehman-crisis/)
- [subrpime](https://www.newconstructs.com/tag/subrpime/)
- [subprime crisis](https://www.newconstructs.com/tag/subprime-crisis/)
- [red flags](https://www.newconstructs.com/tag/red-flags/)
- [footnotes](https://www.newconstructs.com/tag/footnotes/)
- [financials](https://www.newconstructs.com/tag/financials/)
- [CNBC](https://www.newconstructs.com/tag/cnbc/)
- [Barron's](https://www.newconstructs.com/tag/barrons/)
- [MarketWatch](https://www.newconstructs.com/tag/marketwatch/)
- [hedge funds](https://www.newconstructs.com/tag/hedge-funds/)
- [periodic table of hedge fund returns](https://www.newconstructs.com/tag/periodic-table-of-hedge-fund-returns/)
- [Boomerang Capital](https://www.newconstructs.com/tag/boomerang-capital/)
- [return on invested capital](https://www.newconstructs.com/tag/return-on-invested-capital/)
- [Weighted Average Cost of Capital](https://www.newconstructs.com/tag/weighted-average-cost-of-capital/)
- [WACC](https://www.newconstructs.com/tag/wacc/)
- [Growth Appreciation Period](https://www.newconstructs.com/tag/growth-appreciation-period/)
- [Competitive Advantage Period](https://www.newconstructs.com/tag/competitive-advantage-period/)
- [EVA](https://www.newconstructs.com/tag/eva/)
- [free cash flow](https://www.newconstructs.com/tag/free-cash-flow/)
- [patent](https://www.newconstructs.com/tag/patent/)
- [stock investment research](https://www.newconstructs.com/tag/stock-investment-research/)
- [award](https://www.newconstructs.com/tag/award/)
- [top stock picks](https://www.newconstructs.com/tag/top-stock-picks/)
- [10-K filing](https://www.newconstructs.com/tag/10-k-filing/)
- [parse](https://www.newconstructs.com/tag/parse/)
- [Financial Footnotes](https://www.newconstructs.com/tag/financial-footnotes/)
- [Notes to the Financial Statements](https://www.newconstructs.com/tag/notes-to-the-financial-statements/)
- [accounting earnings](https://www.newconstructs.com/tag/accounting-earnings/)
- [economic earnings](https://www.newconstructs.com/tag/economic-earnings/)
- [research](https://www.newconstructs.com/tag/research/)
- [conflicts](https://www.newconstructs.com/tag/conflicts/)
- [conflict of interest](https://www.newconstructs.com/tag/conflict-of-interest/)
- [accounting](https://www.newconstructs.com/tag/accounting/)
- [GAP](https://www.newconstructs.com/tag/gap/)
- [write-off](https://www.newconstructs.com/tag/write-off/)
- [Dangerous](https://www.newconstructs.com/tag/dangerous/)
- [red flag](https://www.newconstructs.com/tag/red-flag/)
- [attractive](https://www.newconstructs.com/tag/attractive/)
- [Dangerous Stock](https://www.newconstructs.com/tag/dangerous-stock/)
- [expectations](https://www.newconstructs.com/tag/expectations/)
- [momentum invest](https://www.newconstructs.com/tag/momentum-invest/)
- [growth invest](https://www.newconstructs.com/tag/growth-invest/)
- [momentum](https://www.newconstructs.com/tag/momentum/)
- [Most Attractive Stock](https://www.newconstructs.com/tag/most-attractive-stock/)
- [Risk/Reward](https://www.newconstructs.com/tag/riskreward/)
- [analytical rigor](https://www.newconstructs.com/tag/analytical-rigor/)
- [Dangerous Rating](https://www.newconstructs.com/tag/dangerous-rating/)
- [Very Dangerous Rating](https://www.newconstructs.com/tag/very-dangerous-rating/)
- [Very Attractive Rating](https://www.newconstructs.com/tag/very-attractive-rating/)
- [excess cash](https://www.newconstructs.com/tag/excess-cash/)
- [XBRL](https://www.newconstructs.com/tag/xbrl/)
- [Research Platform](https://www.newconstructs.com/tag/research-platform/)
- [asset write-offs](https://www.newconstructs.com/tag/asset-write-offs/)
- [off balance sheet debt](https://www.newconstructs.com/tag/off-balance-sheet-debt/)
- [stock-picking accolades](https://www.newconstructs.com/tag/stock-picking-accolades/)
- [misleading earnings](https://www.newconstructs.com/tag/misleading-earnings/)
- [best stock picks](https://www.newconstructs.com/tag/best-stock-picks/)
- [Most Attractive Stocks](https://www.newconstructs.com/tag/most-attractive-stocks/)
- [Most Dagnerous Stocks](https://www.newconstructs.com/tag/most-dagnerous-stocks/)
- [performance](https://www.newconstructs.com/tag/performance/)
- [track record](https://www.newconstructs.com/tag/track-record/)
- [accolades](https://www.newconstructs.com/tag/accolades/)
- [intergrity](https://www.newconstructs.com/tag/intergrity/)
- [accounting loopholes](https://www.newconstructs.com/tag/accounting-loopholes/)
- [market integrity](https://www.newconstructs.com/tag/market-integrity/)
- [Senator Corker](https://www.newconstructs.com/tag/senator-corker/)
- [speculative movement](https://www.newconstructs.com/tag/speculative-movement/)
- [paradise lost](https://www.newconstructs.com/tag/paradise-lost/)
- [attractive Rating](https://www.newconstructs.com/tag/attractive-rating/)
- [Most Attractrive Stocks](https://www.newconstructs.com/tag/most-attractrive-stocks/)
- [operating leases](https://www.newconstructs.com/tag/operating-leases/)
- [Alternative Fuel Mixture Credit (AFMC) Windfall](https://www.newconstructs.com/tag/alternative-fuel-mixture-credit-afmc-windfall/)
- [Paper stocks](https://www.newconstructs.com/tag/paper-stocks/)
- [paper companies](https://www.newconstructs.com/tag/paper-companies/)
- [very attractive](https://www.newconstructs.com/tag/very-attractive/)
- [Very Danerous](https://www.newconstructs.com/tag/very-danerous/)
- [short stock](https://www.newconstructs.com/tag/short-stock/)
- [ETF](https://www.newconstructs.com/tag/etf/)
- [Index Fund Aggregation](https://www.newconstructs.com/tag/index-fund-aggregation/)
- [discounted cash flow analysis](https://www.newconstructs.com/tag/discounted-cash-flow-analysis/)
- [Akamai Technologies Inc (AKAM)](https://www.newconstructs.com/tag/akamai-technologies-inc-akam/)
- [Misleading Earnigns](https://www.newconstructs.com/tag/misleading-earnigns/)
- [High expectations](https://www.newconstructs.com/tag/high-expectations/)
- [economic earnigns](https://www.newconstructs.com/tag/economic-earnigns/)
- [capital allocation](https://www.newconstructs.com/tag/capital-allocation/)
- [interest rates](https://www.newconstructs.com/tag/interest-rates/)
- [monetary oolicy](https://www.newconstructs.com/tag/monetary-oolicy/)
- [fiscal policy](https://www.newconstructs.com/tag/fiscal-policy/)
- [discounted cash flow](https://www.newconstructs.com/tag/discounted-cash-flow/)
- [Bernanke](https://www.newconstructs.com/tag/bernanke/)
- [monetary policy](https://www.newconstructs.com/tag/monetary-policy/)
- [money supply](https://www.newconstructs.com/tag/money-supply/)
- [China](https://www.newconstructs.com/tag/china/)
- [Wein Jaibao](https://www.newconstructs.com/tag/wein-jaibao/)
- [Greenspan](https://www.newconstructs.com/tag/greenspan/)
- [JDA Software Group Inc (JDAS)](https://www.newconstructs.com/tag/jda-software-group-inc-jdas/)
- [Bank of America](https://www.newconstructs.com/tag/bank-of-america/)
- [BAC](https://www.newconstructs.com/tag/bac/)
- [WikiLeaks](https://www.newconstructs.com/tag/wikileaks/)
- [Senate Banking Committee](https://www.newconstructs.com/tag/senate-banking-committee/)
- [Subcommittee on Securities Insurance and Investment](https://www.newconstructs.com/tag/subcommittee-on-securities-insurance-and-investment/)
- [AIG](https://www.newconstructs.com/tag/aig/)
- [American International Group](https://www.newconstructs.com/tag/american-international-group/)
- [CDS](https://www.newconstructs.com/tag/cds/)
- [credit default swap](https://www.newconstructs.com/tag/credit-default-swap/)
- [derivatives](https://www.newconstructs.com/tag/derivatives/)
- [Financial Sector](https://www.newconstructs.com/tag/financial-sector/)
- [Financial Regulatory Reform](https://www.newconstructs.com/tag/financial-regulatory-reform/)
- [Fund Rating Report on Legg Mason Cap Mgmt Value Trust](https://www.newconstructs.com/tag/fund-rating-report-on-legg-mason-cap-mgmt-value-trust/)
- [LMVTX](https://www.newconstructs.com/tag/lmvtx/)
- [Neutral Rating](https://www.newconstructs.com/tag/neutral-rating/)
- [buy stock](https://www.newconstructs.com/tag/buy-stock/)
- [sell stock](https://www.newconstructs.com/tag/sell-stock/)
- [REITs](https://www.newconstructs.com/tag/reits/)
- [financial stocks](https://www.newconstructs.com/tag/financial-stocks/)
- [Very Atractive Rating](https://www.newconstructs.com/tag/very-atractive-rating/)
- [expense ratio](https://www.newconstructs.com/tag/expense-ratio/)
- [index fund](https://www.newconstructs.com/tag/index-fund/)
- [SPY](https://www.newconstructs.com/tag/spy/)
- [management fees](https://www.newconstructs.com/tag/management-fees/)
- [Buy Analog Devices Inc](https://www.newconstructs.com/tag/buy-analog-devices-inc/)
- [ADI](https://www.newconstructs.com/tag/adi/)
- [Discover Financial Services](https://www.newconstructs.com/tag/discover-financial-services/)
- [DFS](https://www.newconstructs.com/tag/dfs/)
- [Accenture Plc (ACN)](https://www.newconstructs.com/tag/accenture-plc-acn/)
- [Starbucks Corp](https://www.newconstructs.com/tag/starbucks-corp/)
- [SBUX](https://www.newconstructs.com/tag/sbux/)
- [Neutral Risk/Reward Rating](https://www.newconstructs.com/tag/neutral-riskreward-rating/)
- [misleading](https://www.newconstructs.com/tag/misleading/)
- [high valuation](https://www.newconstructs.com/tag/high-valuation/)
- [WFMI](https://www.newconstructs.com/tag/wfmi/)
- [ONXX](https://www.newconstructs.com/tag/onxx/)
- [EWBC](https://www.newconstructs.com/tag/ewbc/)
- [FL](https://www.newconstructs.com/tag/fl/)
- [STX](https://www.newconstructs.com/tag/stx/)
- [MSFT](https://www.newconstructs.com/tag/msft/)
- [CUB](https://www.newconstructs.com/tag/cub/)
- [MSN](https://www.newconstructs.com/tag/msn/)
- [BJ’S Restaurants](https://www.newconstructs.com/tag/bj’s-restaurants/)
- [BJRI](https://www.newconstructs.com/tag/bjri/)
- [option liabilities](https://www.newconstructs.com/tag/option-liabilities/)
- [Apollo Group Inc cl A](https://www.newconstructs.com/tag/apollo-group-inc-cl-a/)
- [APOL](https://www.newconstructs.com/tag/apol/)
- [Strayer Education](https://www.newconstructs.com/tag/strayer-education/)
- [STRA](https://www.newconstructs.com/tag/stra/)
- [ITT Educational Services Management Group](https://www.newconstructs.com/tag/itt-educational-services-management-group/)
- [ESI](https://www.newconstructs.com/tag/esi/)
- [Career Education Corp](https://www.newconstructs.com/tag/career-education-corp/)
- [CECO](https://www.newconstructs.com/tag/ceco/)
- [Corinthian Colleges Inc](https://www.newconstructs.com/tag/corinthian-colleges-inc/)
- [COCO](https://www.newconstructs.com/tag/coco/)
- [EXPE](https://www.newconstructs.com/tag/expe/)
- [Expedia](https://www.newconstructs.com/tag/expedia/)
- [JDSU](https://www.newconstructs.com/tag/jdsu/)
- [SYMC](https://www.newconstructs.com/tag/symc/)
- [AKAM](https://www.newconstructs.com/tag/akam/)
- [asset write-down](https://www.newconstructs.com/tag/asset-write-down/)
- [write-down](https://www.newconstructs.com/tag/write-down/)
- [Vanguard Financial Index Fund](https://www.newconstructs.com/tag/vanguard-financial-index-fund/)
- [VFH](https://www.newconstructs.com/tag/vfh/)
- [iShares Dow Jones US Financial Sector](https://www.newconstructs.com/tag/ishares-dow-jones-us-financial-sector/)
- [IYF](https://www.newconstructs.com/tag/iyf/)
- [iShares Dow Jones US Financial Services](https://www.newconstructs.com/tag/ishares-dow-jones-us-financial-services/)
- [IYG](https://www.newconstructs.com/tag/iyg/)
- [Rydex S&P Equal Weight Financial](https://www.newconstructs.com/tag/rydex-sp-equal-weight-financial/)
- [RYF](https://www.newconstructs.com/tag/ryf/)
- [RevenueShares Financials Sector Fund](https://www.newconstructs.com/tag/revenueshares-financials-sector-fund/)
- [RWW](https://www.newconstructs.com/tag/rww/)
- [IBM](https://www.newconstructs.com/tag/ibm/)
- [AAPL](https://www.newconstructs.com/tag/aapl/)
- [IDTI](https://www.newconstructs.com/tag/idti/)
- [Integrated Device Technology](https://www.newconstructs.com/tag/integrated-device-technology/)
- [asset write-downs](https://www.newconstructs.com/tag/asset-write-downs/)
- [Most Attractive](https://www.newconstructs.com/tag/most-attractive/)
- [Most Dangerous](https://www.newconstructs.com/tag/most-dangerous/)
- [iShares Dow Jones US Telecommunications](https://www.newconstructs.com/tag/ishares-dow-jones-us-telecommunications/)
- [IYZ](https://www.newconstructs.com/tag/iyz/)
- [Vanguard Telecommunications Services Index Fund](https://www.newconstructs.com/tag/vanguard-telecommunications-services-index-fund/)
- [VOX](https://www.newconstructs.com/tag/vox/)
- [Telecom HOLDRS](https://www.newconstructs.com/tag/telecom-holdrs/)
- [TTH](https://www.newconstructs.com/tag/tth/)
- [Broadband HLDRS](https://www.newconstructs.com/tag/broadband-hldrs/)
- [BDH](https://www.newconstructs.com/tag/bdh/)
- [Wireless HLDRS](https://www.newconstructs.com/tag/wireless-hldrs/)
- [WMH](https://www.newconstructs.com/tag/wmh/)
- [AT&T](https://www.newconstructs.com/tag/att/)
- [Verizon Communications](https://www.newconstructs.com/tag/verizon-communications/)
- [T](https://www.newconstructs.com/tag/t/)
- [VZ](https://www.newconstructs.com/tag/vz/)
- [Bed Bath and Beyond](https://www.newconstructs.com/tag/bed-bath-and-beyond/)
- [BBBY](https://www.newconstructs.com/tag/bbby/)
- [Target](https://www.newconstructs.com/tag/target/)
- [TGT](https://www.newconstructs.com/tag/tgt/)
- [Macy’s](https://www.newconstructs.com/tag/macy’s/)
- [M](https://www.newconstructs.com/tag/m/)
- [KIRK](https://www.newconstructs.com/tag/kirk/)
- [Kirklands](https://www.newconstructs.com/tag/kirklands/)
- [Select Sector SPDR-Consumer Staples](https://www.newconstructs.com/tag/select-sector-spdr-consumer-staples/)
- [XLP](https://www.newconstructs.com/tag/xlp/)
- [Vanguard Consumer Staples Index Fund](https://www.newconstructs.com/tag/vanguard-consumer-staples-index-fund/)
- [VDC](https://www.newconstructs.com/tag/vdc/)
- [PowerShares Dynamic Food and Beverage](https://www.newconstructs.com/tag/powershares-dynamic-food-and-beverage/)
- [PBJ](https://www.newconstructs.com/tag/pbj/)
- [PowerShares Dynamic Consumer Staples Sector](https://www.newconstructs.com/tag/powershares-dynamic-consumer-staples-sector/)
- [PSL](https://www.newconstructs.com/tag/psl/)
- [Rydex S&P Equal Weight Consumer Staples](https://www.newconstructs.com/tag/rydex-sp-equal-weight-consumer-staples/)
- [RHS](https://www.newconstructs.com/tag/rhs/)
- [First Trust Consumer Staples AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-consumer-staples-alphadex-fund/)
- [FXG](https://www.newconstructs.com/tag/fxg/)
- [consumer staples](https://www.newconstructs.com/tag/consumer-staples/)
- [NYSE Euronext](https://www.newconstructs.com/tag/nyse-euronext/)
- [NYX](https://www.newconstructs.com/tag/nyx/)
- [Abbot Laboratories](https://www.newconstructs.com/tag/abbot-laboratories/)
- [ABT](https://www.newconstructs.com/tag/abt/)
- [Ask Matt Krantz](https://www.newconstructs.com/tag/ask-matt-krantz/)
- [COF](https://www.newconstructs.com/tag/cof/)
- [csh](https://www.newconstructs.com/tag/csh/)
- [ARBA](https://www.newconstructs.com/tag/arba/)
- [ORCL](https://www.newconstructs.com/tag/orcl/)
- [Oracle](https://www.newconstructs.com/tag/oracle/)
- [SAP AG](https://www.newconstructs.com/tag/sap-ag/)
- [SAP](https://www.newconstructs.com/tag/sap/)
- [Ford](https://www.newconstructs.com/tag/ford/)
- [F](https://www.newconstructs.com/tag/f/)
- [hidden charges](https://www.newconstructs.com/tag/hidden-charges/)
- [hidden income](https://www.newconstructs.com/tag/hidden-income/)
- [World Wrestling Entertainment](https://www.newconstructs.com/tag/world-wrestling-entertainment/)
- [Inc.](https://www.newconstructs.com/tag/inc/)
- [WWE](https://www.newconstructs.com/tag/wwe/)
- [Red flag report](https://www.newconstructs.com/tag/red-flag-report/)
- [hidden expenses](https://www.newconstructs.com/tag/hidden-expenses/)
- [hidden gains](https://www.newconstructs.com/tag/hidden-gains/)
- [International Paper](https://www.newconstructs.com/tag/international-paper/)
- [IP](https://www.newconstructs.com/tag/ip/)
- [Principal Financial Group Inc.](https://www.newconstructs.com/tag/principal-financial-group-inc/)
- [PFG](https://www.newconstructs.com/tag/pfg/)
- [loan loss reserves](https://www.newconstructs.com/tag/loan-loss-reserves/)
- [bleeding reserves](https://www.newconstructs.com/tag/bleeding-reserves/)
- [Caterpillar Inc.](https://www.newconstructs.com/tag/caterpillar-inc/)
- [CAT](https://www.newconstructs.com/tag/cat/)
- [DCF](https://www.newconstructs.com/tag/dcf/)
- [Intel Corp](https://www.newconstructs.com/tag/intel-corp/)
- [INTC](https://www.newconstructs.com/tag/intc/)
- [Advanced Micro Devices](https://www.newconstructs.com/tag/advanced-micro-devices/)
- [AMD](https://www.newconstructs.com/tag/amd/)
- [Eastman Kodak Company](https://www.newconstructs.com/tag/eastman-kodak-company/)
- [EK](https://www.newconstructs.com/tag/ek/)
- [under funded pension](https://www.newconstructs.com/tag/under-funded-pension/)
- [return on plan assets](https://www.newconstructs.com/tag/return-on-plan-assets/)
- [useful life estimate](https://www.newconstructs.com/tag/useful-life-estimate/)
- [change in useful life](https://www.newconstructs.com/tag/change-in-useful-life/)
- [Zumiez Inc. (ZUMZ)](https://www.newconstructs.com/tag/zumiez-inc-zumz/)
- [tw telecom (TWTC)](https://www.newconstructs.com/tag/tw-telecom-twtc/)
- [formerly known as Time Warner](https://www.newconstructs.com/tag/formerly-known-as-time-warner/)
- [Pride International](https://www.newconstructs.com/tag/pride-international/)
- [PDE](https://www.newconstructs.com/tag/pde/)
- [Discover Financial Services (DFS) Dangerous Risk/Reward Rating](https://www.newconstructs.com/tag/discover-financial-services-dfs-dangerous-riskreward-rating/)
- [SFAS 166](https://www.newconstructs.com/tag/sfas-166/)
- [ASC Topic 860](https://www.newconstructs.com/tag/asc-topic-860/)
- [consolidate previously-off-balance sheet loans](https://www.newconstructs.com/tag/consolidate-previously-off-balance-sheet-loans/)
- [SanDisk Corporation](https://www.newconstructs.com/tag/sandisk-corporation/)
- [SNDK](https://www.newconstructs.com/tag/sndk/)
- [Micron Technology](https://www.newconstructs.com/tag/micron-technology/)
- [Inc. (MU) - Neutral Rating](https://www.newconstructs.com/tag/inc-mu-neutral-rating/)
- [hidden failuures](https://www.newconstructs.com/tag/hidden-failuures/)
- [VirnetX Holding Corp](https://www.newconstructs.com/tag/virnetx-holding-corp/)
- [VHC](https://www.newconstructs.com/tag/vhc/)
- [Adverse Opinion on Internal Controls](https://www.newconstructs.com/tag/adverse-opinion-on-internal-controls/)
- [market expectations](https://www.newconstructs.com/tag/market-expectations/)
- [patent settlement](https://www.newconstructs.com/tag/patent-settlement/)
- [infringement suit](https://www.newconstructs.com/tag/infringement-suit/)
- [Eli Lilly & Company](https://www.newconstructs.com/tag/eli-lilly-company/)
- [LLY](https://www.newconstructs.com/tag/lly/)
- [Risk/Reward Rating](https://www.newconstructs.com/tag/riskreward-rating/)
- [adjustments](https://www.newconstructs.com/tag/adjustments/)
- [Apple](https://www.newconstructs.com/tag/apple/)
- [Google](https://www.newconstructs.com/tag/google/)
- [GOOG](https://www.newconstructs.com/tag/goog/)
- [Intel](https://www.newconstructs.com/tag/intel/)
- [SanDisk](https://www.newconstructs.com/tag/sandisk/)
- [Internet Architecture HOLDRS](https://www.newconstructs.com/tag/internet-architecture-holdrs/)
- [IAH](https://www.newconstructs.com/tag/iah/)
- [Semiconductor HOLDRS](https://www.newconstructs.com/tag/semiconductor-holdrs/)
- [SMH](https://www.newconstructs.com/tag/smh/)
- [Select Sector SPDR-Technology](https://www.newconstructs.com/tag/select-sector-spdr-technology/)
- [xlk](https://www.newconstructs.com/tag/xlk/)
- [Vanguard Information Technology Index Fund](https://www.newconstructs.com/tag/vanguard-information-technology-index-fund/)
- [vgt](https://www.newconstructs.com/tag/vgt/)
- [iShares Dow Jones US Technology](https://www.newconstructs.com/tag/ishares-dow-jones-us-technology/)
- [IYW](https://www.newconstructs.com/tag/iyw/)
- [iShares PHLX SOX Semiconductor Sector Index Fund](https://www.newconstructs.com/tag/ishares-phlx-sox-semiconductor-sector-index-fund/)
- [SOXX](https://www.newconstructs.com/tag/soxx/)
- [SPDR S&P Semiconductor ETF](https://www.newconstructs.com/tag/spdr-sp-semiconductor-etf/)
- [XSD](https://www.newconstructs.com/tag/xsd/)
- [Software HOLDRS](https://www.newconstructs.com/tag/software-holdrs/)
- [SWH](https://www.newconstructs.com/tag/swh/)
- [Rydex S&P Equal Weight Technology](https://www.newconstructs.com/tag/rydex-sp-equal-weight-technology/)
- [RYT](https://www.newconstructs.com/tag/ryt/)
- [B2B Internet HOLDRS](https://www.newconstructs.com/tag/b2b-internet-holdrs/)
- [BHH](https://www.newconstructs.com/tag/bhh/)
- [Morgan Stanley Technology ETF](https://www.newconstructs.com/tag/morgan-stanley-technology-etf/)
- [MTK](https://www.newconstructs.com/tag/mtk/)
- [Internet HOLDRS](https://www.newconstructs.com/tag/internet-holdrs/)
- [HHH](https://www.newconstructs.com/tag/hhh/)
- [Information Technology sector ETF](https://www.newconstructs.com/tag/information-technology-sector-etf/)
- [Goldman Sachs](https://www.newconstructs.com/tag/goldman-sachs/)
- [GS](https://www.newconstructs.com/tag/gs/)
- [Citigroup](https://www.newconstructs.com/tag/citigroup/)
- [C](https://www.newconstructs.com/tag/c/)
- [Merrill Lynch](https://www.newconstructs.com/tag/merrill-lynch/)
- [JP Morgan](https://www.newconstructs.com/tag/jp-morgan/)
- [JPM](https://www.newconstructs.com/tag/jpm/)
- [Morgan Stanley](https://www.newconstructs.com/tag/morgan-stanley/)
- [MS](https://www.newconstructs.com/tag/ms/)
- [Glass-Steagal Act](https://www.newconstructs.com/tag/glass-steagal-act/)
- [Robert Rubin](https://www.newconstructs.com/tag/robert-rubin/)
- [Henry Paulson](https://www.newconstructs.com/tag/henry-paulson/)
- [Inside Job movie](https://www.newconstructs.com/tag/inside-job-movie/)
- [IHF](https://www.newconstructs.com/tag/ihf/)
- [iShares Dow Jones US Healthcare Providers](https://www.newconstructs.com/tag/ishares-dow-jones-us-healthcare-providers/)
- [XLV](https://www.newconstructs.com/tag/xlv/)
- [Select Sector SPDR-Health Care](https://www.newconstructs.com/tag/select-sector-spdr-health-care/)
- [VHT](https://www.newconstructs.com/tag/vht/)
- [Vanguard Healthcare Index Fund](https://www.newconstructs.com/tag/vanguard-healthcare-index-fund/)
- [PPH](https://www.newconstructs.com/tag/pph/)
- [Pharmaceutical HOLDRS](https://www.newconstructs.com/tag/pharmaceutical-holdrs/)
- [FXH](https://www.newconstructs.com/tag/fxh/)
- [First Trust Health Care AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-health-care-alphadex-fund/)
- [IHI](https://www.newconstructs.com/tag/ihi/)
- [iShares Dow Jones US Medical Devices](https://www.newconstructs.com/tag/ishares-dow-jones-us-medical-devices/)
- [IYH](https://www.newconstructs.com/tag/iyh/)
- [iShares Dow Jones US Healthcare](https://www.newconstructs.com/tag/ishares-dow-jones-us-healthcare/)
- [BBH](https://www.newconstructs.com/tag/bbh/)
- [Biotech HOLDRS](https://www.newconstructs.com/tag/biotech-holdrs/)
- [PRN](https://www.newconstructs.com/tag/prn/)
- [PowerShares Dynamic Industrials Sector](https://www.newconstructs.com/tag/powershares-dynamic-industrials-sector/)
- [Eli Lilly](https://www.newconstructs.com/tag/eli-lilly/)
- [United Health Care](https://www.newconstructs.com/tag/united-health-care/)
- [UNH](https://www.newconstructs.com/tag/unh/)
- [Bristol Myers Squibb](https://www.newconstructs.com/tag/bristol-myers-squibb/)
- [BMY](https://www.newconstructs.com/tag/bmy/)
- [exchange trade funds](https://www.newconstructs.com/tag/exchange-trade-funds/)
- [ETF ratings](https://www.newconstructs.com/tag/etf-ratings/)
- [VPU](https://www.newconstructs.com/tag/vpu/)
- [Vanguard Utilities Index Fund](https://www.newconstructs.com/tag/vanguard-utilities-index-fund/)
- [UTH](https://www.newconstructs.com/tag/uth/)
- [Utilities HOLDRS](https://www.newconstructs.com/tag/utilities-holdrs/)
- [XLU](https://www.newconstructs.com/tag/xlu/)
- [Select Sector SPDR-Utilities](https://www.newconstructs.com/tag/select-sector-spdr-utilities/)
- [IDU](https://www.newconstructs.com/tag/idu/)
- [iShares Dow Jones US Utilities](https://www.newconstructs.com/tag/ishares-dow-jones-us-utilities/)
- [RYU](https://www.newconstructs.com/tag/ryu/)
- [Rydex S&P Equal Weight Utilities](https://www.newconstructs.com/tag/rydex-sp-equal-weight-utilities/)
- [utility sector](https://www.newconstructs.com/tag/utility-sector/)
- [predictive ETF rating](https://www.newconstructs.com/tag/predictive-etf-rating/)
- [XLB](https://www.newconstructs.com/tag/xlb/)
- [Materials Select Sector SPDR ETF](https://www.newconstructs.com/tag/materials-select-sector-spdr-etf/)
- [IYM](https://www.newconstructs.com/tag/iym/)
- [iShares Dow Jones US Basic Materials](https://www.newconstructs.com/tag/ishares-dow-jones-us-basic-materials/)
- [VAW](https://www.newconstructs.com/tag/vaw/)
- [Vanguard Materials Index Fund](https://www.newconstructs.com/tag/vanguard-materials-index-fund/)
- [PYZ](https://www.newconstructs.com/tag/pyz/)
- [PowerShares Dynamic Basic Materials](https://www.newconstructs.com/tag/powershares-dynamic-basic-materials/)
- [RTM](https://www.newconstructs.com/tag/rtm/)
- [Rydex S&P Equal Weight Materials](https://www.newconstructs.com/tag/rydex-sp-equal-weight-materials/)
- [FXZ](https://www.newconstructs.com/tag/fxz/)
- [First Trust Materials AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-materials-alphadex-fund/)
- [Vanguard Telecommunications Services Index](https://www.newconstructs.com/tag/vanguard-telecommunications-services-index/)
- [Broadband HOLDRS](https://www.newconstructs.com/tag/broadband-holdrs/)
- [ETF analysis. Neutral Rating](https://www.newconstructs.com/tag/etf-analysis-neutral-rating/)
- [Best and Worst Telecom Sector ETFs](https://www.newconstructs.com/tag/best-and-worst-telecom-sector-etfs/)
- [exchange traded funds](https://www.newconstructs.com/tag/exchange-traded-funds/)
- [XLE](https://www.newconstructs.com/tag/xle/)
- [Select Sector SPDR-Energy](https://www.newconstructs.com/tag/select-sector-spdr-energy/)
- [VDE](https://www.newconstructs.com/tag/vde/)
- [Vanguard Energy Index](https://www.newconstructs.com/tag/vanguard-energy-index/)
- [OIH](https://www.newconstructs.com/tag/oih/)
- [Oil Service HOLDRS](https://www.newconstructs.com/tag/oil-service-holdrs/)
- [XOP](https://www.newconstructs.com/tag/xop/)
- [SPDR S&P Oil & Gas Exploration & Production ETF](https://www.newconstructs.com/tag/spdr-sp-oil-gas-exploration-production-etf/)
- [IYE](https://www.newconstructs.com/tag/iye/)
- [iShares Dow Jones US Energy](https://www.newconstructs.com/tag/ishares-dow-jones-us-energy/)
- [XES](https://www.newconstructs.com/tag/xes/)
- [SPDR S&P Oil & Gas Equipment & Services ETF](https://www.newconstructs.com/tag/spdr-sp-oil-gas-equipment-services-etf/)
- [PSCE](https://www.newconstructs.com/tag/psce/)
- [PowerShares S&P SmallCap Energy Portfolio](https://www.newconstructs.com/tag/powershares-sp-smallcap-energy-portfolio/)
- [IEZ](https://www.newconstructs.com/tag/iez/)
- [iShares Dow Jones US Oil Equipment & Services](https://www.newconstructs.com/tag/ishares-dow-jones-us-oil-equipment-services/)
- [RYE](https://www.newconstructs.com/tag/rye/)
- [Rydex S&P Equal Weight Energy](https://www.newconstructs.com/tag/rydex-sp-equal-weight-energy/)
- [Exxon MObil](https://www.newconstructs.com/tag/exxon-mobil/)
- [XOM](https://www.newconstructs.com/tag/xom/)
- [Chevron](https://www.newconstructs.com/tag/chevron/)
- [CVX](https://www.newconstructs.com/tag/cvx/)
- [Baker Hughes](https://www.newconstructs.com/tag/baker-hughes/)
- [BHI](https://www.newconstructs.com/tag/bhi/)
- [Slumberger](https://www.newconstructs.com/tag/slumberger/)
- [SLB](https://www.newconstructs.com/tag/slb/)
- [XLF](https://www.newconstructs.com/tag/xlf/)
- [Select Sector SPDR-Financial](https://www.newconstructs.com/tag/select-sector-spdr-financial/)
- [KIE](https://www.newconstructs.com/tag/kie/)
- [KBW Insurance ETF](https://www.newconstructs.com/tag/kbw-insurance-etf/)
- [RKH](https://www.newconstructs.com/tag/rkh/)
- [Regional Bank HOLDRS](https://www.newconstructs.com/tag/regional-bank-holdrs/)
- [Vanguard Financials Index Fund](https://www.newconstructs.com/tag/vanguard-financials-index-fund/)
- [IAI](https://www.newconstructs.com/tag/iai/)
- [iShares Dow Jones US Broker-Dealers](https://www.newconstructs.com/tag/ishares-dow-jones-us-broker-dealers/)
- [KRE](https://www.newconstructs.com/tag/kre/)
- [KBW Regional Banking ETF](https://www.newconstructs.com/tag/kbw-regional-banking-etf/)
- [KCE](https://www.newconstructs.com/tag/kce/)
- [KBW Capital Markets ETF](https://www.newconstructs.com/tag/kbw-capital-markets-etf/)
- [KBE](https://www.newconstructs.com/tag/kbe/)
- [KBW Bank ETF](https://www.newconstructs.com/tag/kbw-bank-etf/)
- [The Travellers Companies](https://www.newconstructs.com/tag/the-travellers-companies/)
- [TRV](https://www.newconstructs.com/tag/trv/)
- [Capital One Financial](https://www.newconstructs.com/tag/capital-one-financial/)
- [ETF Rating](https://www.newconstructs.com/tag/etf-rating/)
- [predictive ETF ratings](https://www.newconstructs.com/tag/predictive-etf-ratings/)
- [Very Dangerous](https://www.newconstructs.com/tag/very-dangerous/)
- [DIA](https://www.newconstructs.com/tag/dia/)
- [SPDR Dow Jones Industrial Average ETF](https://www.newconstructs.com/tag/spdr-dow-jones-industrial-average-etf/)
- [XLI](https://www.newconstructs.com/tag/xli/)
- [Select Sector SPDR-Industrial](https://www.newconstructs.com/tag/select-sector-spdr-industrial/)
- [VIS](https://www.newconstructs.com/tag/vis/)
- [Vanguard Industrial Index](https://www.newconstructs.com/tag/vanguard-industrial-index/)
- [IYJ](https://www.newconstructs.com/tag/iyj/)
- [iShares Dow Jones US Industrial](https://www.newconstructs.com/tag/ishares-dow-jones-us-industrial/)
- [IYT](https://www.newconstructs.com/tag/iyt/)
- [iShares Dow Jones Transportation Average](https://www.newconstructs.com/tag/ishares-dow-jones-transportation-average/)
- [PPA](https://www.newconstructs.com/tag/ppa/)
- [PowerShares Aerospace & Defense](https://www.newconstructs.com/tag/powershares-aerospace-defense/)
- [fundamental ETF rating](https://www.newconstructs.com/tag/fundamental-etf-rating/)
- [United Parcel Service](https://www.newconstructs.com/tag/united-parcel-service/)
- [UPS](https://www.newconstructs.com/tag/ups/)
- [3M](https://www.newconstructs.com/tag/3m/)
- [MMM](https://www.newconstructs.com/tag/mmm/)
- [Oshkosh Corporation](https://www.newconstructs.com/tag/oshkosh-corporation/)
- [OSK](https://www.newconstructs.com/tag/osk/)
- [Cubic Corporation](https://www.newconstructs.com/tag/cubic-corporation/)
- [Federal Express](https://www.newconstructs.com/tag/federal-express/)
- [FDX](https://www.newconstructs.com/tag/fdx/)
- [Tyco International](https://www.newconstructs.com/tag/tyco-international/)
- [TYC](https://www.newconstructs.com/tag/tyc/)
- [Eaton Corporation](https://www.newconstructs.com/tag/eaton-corporation/)
- [ETN](https://www.newconstructs.com/tag/etn/)
- [Neutral Rating for Industrial Sector ETFs](https://www.newconstructs.com/tag/neutral-rating-for-industrial-sector-etfs/)
- [PSCC](https://www.newconstructs.com/tag/pscc/)
- [PowerShares S&P SmallCap Consumer Staples Portfolio](https://www.newconstructs.com/tag/powershares-sp-smallcap-consumer-staples-portfolio/)
- [Wal-Mart](https://www.newconstructs.com/tag/wal-mart/)
- [WMT](https://www.newconstructs.com/tag/wmt/)
- [Proctor and Gamble](https://www.newconstructs.com/tag/proctor-and-gamble/)
- [PG](https://www.newconstructs.com/tag/pg/)
- [Clorox](https://www.newconstructs.com/tag/clorox/)
- [CL](https://www.newconstructs.com/tag/cl/)
- [Bunge](https://www.newconstructs.com/tag/bunge/)
- [BG](https://www.newconstructs.com/tag/bg/)
- [Whole Foods Market](https://www.newconstructs.com/tag/whole-foods-market/)
- [WFM](https://www.newconstructs.com/tag/wfm/)
- [United Natural Foods](https://www.newconstructs.com/tag/united-natural-foods/)
- [UNFI](https://www.newconstructs.com/tag/unfi/)
- [ETF long/short ideas](https://www.newconstructs.com/tag/etf-longshort-ideas/)
- [XLY](https://www.newconstructs.com/tag/xly/)
- [Select Sector SPDR-Consumer Discretionary](https://www.newconstructs.com/tag/select-sector-spdr-consumer-discretionary/)
- [VCR](https://www.newconstructs.com/tag/vcr/)
- [Vanguard Consumer Discretionary Index Fund](https://www.newconstructs.com/tag/vanguard-consumer-discretionary-index-fund/)
- [RTH](https://www.newconstructs.com/tag/rth/)
- [Retail HOLDRS](https://www.newconstructs.com/tag/retail-holdrs/)
- [XRT](https://www.newconstructs.com/tag/xrt/)
- [SPDR S&P Retail ETF](https://www.newconstructs.com/tag/spdr-sp-retail-etf/)
- [PBS](https://www.newconstructs.com/tag/pbs/)
- [PowerShares Dynamic Media](https://www.newconstructs.com/tag/powershares-dynamic-media/)
- [XHB](https://www.newconstructs.com/tag/xhb/)
- [SPDR S&P Homebuilders ETF](https://www.newconstructs.com/tag/spdr-sp-homebuilders-etf/)
- [McDonalds](https://www.newconstructs.com/tag/mcdonalds/)
- [MCD](https://www.newconstructs.com/tag/mcd/)
- [Nike](https://www.newconstructs.com/tag/nike/)
- [NKE](https://www.newconstructs.com/tag/nke/)
- [Disney](https://www.newconstructs.com/tag/disney/)
- [DIS](https://www.newconstructs.com/tag/dis/)
- [CBS Corp](https://www.newconstructs.com/tag/cbs-corp/)
- [CBS](https://www.newconstructs.com/tag/cbs/)
- [NetFlix](https://www.newconstructs.com/tag/netflix/)
- [NFLX](https://www.newconstructs.com/tag/nflx/)
- [Starwood Hotels & Resorts Worldwide](https://www.newconstructs.com/tag/starwood-hotels-resorts-worldwide/)
- [HOT](https://www.newconstructs.com/tag/hot/)
- [ETF long and short ideas](https://www.newconstructs.com/tag/etf-long-and-short-ideas/)
- [deferred tax assets](https://www.newconstructs.com/tag/deferred-tax-assets/)
- [tax credit](https://www.newconstructs.com/tag/tax-credit/)
- [Mike Mayo](https://www.newconstructs.com/tag/mike-mayo/)
- [iShares Dow Jones US Finan­cial Ser­vices](https://www.newconstructs.com/tag/ishares-dow-jones-us-finan­cial-ser­vices/)
- [Select Sec­tor SPDR-Financial](https://www.newconstructs.com/tag/select-sec­tor-spdr-financial/)
- [Van­guard Finan­cials Index Fund](https://www.newconstructs.com/tag/van­guard-finan­cials-index-fund/)
- [Lorillard](https://www.newconstructs.com/tag/lorillard/)
- [LO](https://www.newconstructs.com/tag/lo/)
- [APPL](https://www.newconstructs.com/tag/appl/)
- [Microsoft](https://www.newconstructs.com/tag/microsoft/)
- [iShares Dow Jones Select Dividend Index Fund ETF](https://www.newconstructs.com/tag/ishares-dow-jones-select-dividend-index-fund-etf/)
- [DVY](https://www.newconstructs.com/tag/dvy/)
- [Rydex S&P Equal Weight Consumer Staples ETF](https://www.newconstructs.com/tag/rydex-sp-equal-weight-consumer-staples-etf/)
- [WisdomTree Dividend Top 100 Fund](https://www.newconstructs.com/tag/wisdomtree-dividend-top-100-fund/)
- [DTN](https://www.newconstructs.com/tag/dtn/)
- [PowerShares Buyback Achievers ETF](https://www.newconstructs.com/tag/powershares-buyback-achievers-etf/)
- [PKW](https://www.newconstructs.com/tag/pkw/)
- [SPDR Consumer Staples Select Sector Fund ETF](https://www.newconstructs.com/tag/spdr-consumer-staples-select-sector-fund-etf/)
- [Finisar Corporation](https://www.newconstructs.com/tag/finisar-corporation/)
- [FNSR](https://www.newconstructs.com/tag/fnsr/)
- [ebay](https://www.newconstructs.com/tag/ebay/)
- [EBAY. Apple](https://www.newconstructs.com/tag/ebay-apple/)
- [Amazon](https://www.newconstructs.com/tag/amazon/)
- [AMZN](https://www.newconstructs.com/tag/amzn/)
- [XTL](https://www.newconstructs.com/tag/xtl/)
- [iShares Morningstar Small Growth Index](https://www.newconstructs.com/tag/ishares-morningstar-small-growth-index/)
- [JKK)](https://www.newconstructs.com/tag/jkk/)
- [tech sector ETFs](https://www.newconstructs.com/tag/tech-sector-etfs/)
- [Good](https://www.newconstructs.com/tag/good/)
- [Bad and Ugly Tech Sector ETFs](https://www.newconstructs.com/tag/bad-and-ugly-tech-sector-etfs/)
- [hidden management failures](https://www.newconstructs.com/tag/hidden-management-failures/)
- [SPDR S&P Telecom](https://www.newconstructs.com/tag/spdr-sp-telecom/)
- [ASk Matt](https://www.newconstructs.com/tag/ask-matt/)
- [Usa Today](https://www.newconstructs.com/tag/usa-today/)
- [Kronos Worldwide](https://www.newconstructs.com/tag/kronos-worldwide/)
- [KRO](https://www.newconstructs.com/tag/kro/)
- [First Trust NASDAQ-100-Tech Index](https://www.newconstructs.com/tag/first-trust-nasdaq-100-tech-index/)
- [QTEC](https://www.newconstructs.com/tag/qtec/)
- [ProShares UltraPro QQQ](https://www.newconstructs.com/tag/proshares-ultrapro-qqq/)
- [TQQ](https://www.newconstructs.com/tag/tqq/)
- [ProShares Ultra QQ](https://www.newconstructs.com/tag/proshares-ultra-qq/)
- [QLD](https://www.newconstructs.com/tag/qld/)
- [PowerShares QQQ](https://www.newconstructs.com/tag/powershares-qqq/)
- [QQQ](https://www.newconstructs.com/tag/qqq/)
- [Research In Motion](https://www.newconstructs.com/tag/research-in-motion/)
- [RIMM](https://www.newconstructs.com/tag/rimm/)
- [mobile phones](https://www.newconstructs.com/tag/mobile-phones/)
- [mobile technology](https://www.newconstructs.com/tag/mobile-technology/)
- [mobile computing](https://www.newconstructs.com/tag/mobile-computing/)
- [ipad](https://www.newconstructs.com/tag/ipad/)
- [iphone](https://www.newconstructs.com/tag/iphone/)
- [android](https://www.newconstructs.com/tag/android/)
- [PowerShares Buyback Achievers](https://www.newconstructs.com/tag/powershares-buyback-achievers/)
- [iShares High Dividend Equity](https://www.newconstructs.com/tag/ishares-high-dividend-equity/)
- [HDV](https://www.newconstructs.com/tag/hdv/)
- [PowerShares KBW Prop & Casualty Insur](https://www.newconstructs.com/tag/powershares-kbw-prop-casualty-insur/)
- [KBWP](https://www.newconstructs.com/tag/kbwp/)
- [PowerShares Active Mega Cap](https://www.newconstructs.com/tag/powershares-active-mega-cap/)
- [PMA](https://www.newconstructs.com/tag/pma/)
- [Health Care Select Sector SPDR](https://www.newconstructs.com/tag/health-care-select-sector-spdr/)
- [Seagate Technology](https://www.newconstructs.com/tag/seagate-technology/)
- [Western Digital](https://www.newconstructs.com/tag/western-digital/)
- [WDC](https://www.newconstructs.com/tag/wdc/)
- [Intel Corporation](https://www.newconstructs.com/tag/intel-corporation/)
- [UEPS](https://www.newconstructs.com/tag/ueps/)
- [Most Attractive ETFs](https://www.newconstructs.com/tag/most-attractive-etfs/)
- [Berkshire Hathaway](https://www.newconstructs.com/tag/berkshire-hathaway/)
- [BRK.A](https://www.newconstructs.com/tag/brk-a/)
- [Burlington Northern Santa Fe Corporation](https://www.newconstructs.com/tag/burlington-northern-santa-fe-corporation/)
- [free cash flow yield](https://www.newconstructs.com/tag/free-cash-flow-yield/)
- [invested capital calculation](https://www.newconstructs.com/tag/invested-capital-calculation/)
- [Consumer Staples Select Sector SPDR](https://www.newconstructs.com/tag/consumer-staples-select-sector-spdr/)
- [Vanguard Consumer Staples ETF - DNQ](https://www.newconstructs.com/tag/vanguard-consumer-staples-etf-dnq/)
- [Focus Morningstar Consumer Defensive Index ETF](https://www.newconstructs.com/tag/focus-morningstar-consumer-defensive-index-etf/)
- [FCD](https://www.newconstructs.com/tag/fcd/)
- [economic book value](https://www.newconstructs.com/tag/economic-book-value/)
- [National Bankshares](https://www.newconstructs.com/tag/national-bankshares/)
- [NKSH](https://www.newconstructs.com/tag/nksh/)
- [Nucor](https://www.newconstructs.com/tag/nucor/)
- [NUE](https://www.newconstructs.com/tag/nue/)
- [SPHB](https://www.newconstructs.com/tag/sphb/)
- [PowerShares S&P 500 High Beta Portfolio](https://www.newconstructs.com/tag/powershares-sp-500-high-beta-portfolio/)
- [JKH](https://www.newconstructs.com/tag/jkh/)
- [iShares Morningstar Mid Growth Index Fund](https://www.newconstructs.com/tag/ishares-morningstar-mid-growth-index-fund/)
- [VOT](https://www.newconstructs.com/tag/vot/)
- [Vanguard Mid-Cap Growth ETF](https://www.newconstructs.com/tag/vanguard-mid-cap-growth-etf/)
- [Direxion Daily Technology Bull 3X Shares](https://www.newconstructs.com/tag/direxion-daily-technology-bull-3x-shares/)
- [TYH](https://www.newconstructs.com/tag/tyh/)
- [ProShares Ultra Technology](https://www.newconstructs.com/tag/proshares-ultra-technology/)
- [ROM](https://www.newconstructs.com/tag/rom/)
- [SPDR KBW Bank ETF](https://www.newconstructs.com/tag/spdr-kbw-bank-etf/)
- [iShares Dow Jones U.S. Regional Banks Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-regional-banks-index-fund/)
- [IAT](https://www.newconstructs.com/tag/iat/)
- [Phillip Morris](https://www.newconstructs.com/tag/phillip-morris/)
- [PM](https://www.newconstructs.com/tag/pm/)
- [JPMorgan Chase](https://www.newconstructs.com/tag/jpmorgan-chase/)
- [US Bancorp](https://www.newconstructs.com/tag/us-bancorp/)
- [USB](https://www.newconstructs.com/tag/usb/)
- [SunTrsut Banks](https://www.newconstructs.com/tag/suntrsut-banks/)
- [STI](https://www.newconstructs.com/tag/sti/)
- [S&P 500 rating](https://www.newconstructs.com/tag/sp-500-rating/)
- [Russell 2000 rating](https://www.newconstructs.com/tag/russell-2000-rating/)
- [SOXL](https://www.newconstructs.com/tag/soxl/)
- [Direxion Daily Semiconductor Bull 3x Shares](https://www.newconstructs.com/tag/direxion-daily-semiconductor-bull-3x-shares/)
- [PSJ](https://www.newconstructs.com/tag/psj/)
- [PowerShares Dynamic Software](https://www.newconstructs.com/tag/powershares-dynamic-software/)
- [PSI](https://www.newconstructs.com/tag/psi/)
- [PowerShares Dynamic Semiconductors](https://www.newconstructs.com/tag/powershares-dynamic-semiconductors/)
- [PXQ](https://www.newconstructs.com/tag/pxq/)
- [PowerShares Dynamic Networking](https://www.newconstructs.com/tag/powershares-dynamic-networking/)
- [SPDR MS Technology](https://www.newconstructs.com/tag/spdr-ms-technology/)
- [IGN](https://www.newconstructs.com/tag/ign/)
- [iShares S&P North American Technology-Multimedia Networking Index Fund](https://www.newconstructs.com/tag/ishares-sp-north-american-technology-multimedia-networking-index-fund/)
- [SKYY](https://www.newconstructs.com/tag/skyy/)
- [First Trust ISE Cloud Computing Index Fund](https://www.newconstructs.com/tag/first-trust-ise-cloud-computing-index-fund/)
- [FDN](https://www.newconstructs.com/tag/fdn/)
- [First Trust DJ Internet Index Fund](https://www.newconstructs.com/tag/first-trust-dj-internet-index-fund/)
- [First Trust NASDAQ-100-Technology Sector Index Fund](https://www.newconstructs.com/tag/first-trust-nasdaq-100-technology-sector-index-fund/)
- [USD](https://www.newconstructs.com/tag/usd/)
- [ProShares Ultra Semiconductors](https://www.newconstructs.com/tag/proshares-ultra-semiconductors/)
- [IGV](https://www.newconstructs.com/tag/igv/)
- [iShares S&P North American Technology-Software Index Fund](https://www.newconstructs.com/tag/ishares-sp-north-american-technology-software-index-fund/)
- [PTF](https://www.newconstructs.com/tag/ptf/)
- [PowerShares Dynamic Technology](https://www.newconstructs.com/tag/powershares-dynamic-technology/)
- [PNQI](https://www.newconstructs.com/tag/pnqi/)
- [PowerShares Nasdaq Internet Portfolio](https://www.newconstructs.com/tag/powershares-nasdaq-internet-portfolio/)
- [Rydex S&P Equal Weight Technology ETF](https://www.newconstructs.com/tag/rydex-sp-equal-weight-technology-etf/)
- [Technology Select Sector SPDR](https://www.newconstructs.com/tag/technology-select-sector-spdr/)
- [FXL](https://www.newconstructs.com/tag/fxl/)
- [First Trust Technology AlphaDEX](https://www.newconstructs.com/tag/first-trust-technology-alphadex/)
- [PSCT](https://www.newconstructs.com/tag/psct/)
- [PowerShares S&P SmallCap Information Technology Portfolio](https://www.newconstructs.com/tag/powershares-sp-smallcap-information-technology-portfolio/)
- [iShares Dow Jones U.S. Technology Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-technology-index-fund/)
- [FTQ](https://www.newconstructs.com/tag/ftq/)
- [Focus Morningstar Technology Index ETF](https://www.newconstructs.com/tag/focus-morningstar-technology-index-etf/)
- [IGM](https://www.newconstructs.com/tag/igm/)
- [iShares Goldman Sachs Technology Index Fund](https://www.newconstructs.com/tag/ishares-goldman-sachs-technology-index-fund/)
- [Vanguard Information Tech ETF](https://www.newconstructs.com/tag/vanguard-information-tech-etf/)
- [informtation technology sector](https://www.newconstructs.com/tag/informtation-technology-sector/)
- [PSCU](https://www.newconstructs.com/tag/pscu/)
- [PowerShares S&P SmallCap Utilities Portfolio](https://www.newconstructs.com/tag/powershares-sp-smallcap-utilities-portfolio/)
- [Utilities Select Sector SPDR](https://www.newconstructs.com/tag/utilities-select-sector-spdr/)
- [Rydex S&P Equal Weight Utilities ETF](https://www.newconstructs.com/tag/rydex-sp-equal-weight-utilities-etf/)
- [FXU First Trust Utilities AlphaDEX Fund](https://www.newconstructs.com/tag/fxu-first-trust-utilities-alphadex-fund/)
- [PUI](https://www.newconstructs.com/tag/pui/)
- [PowerShares Dynamic Utilities](https://www.newconstructs.com/tag/powershares-dynamic-utilities/)
- [iShares Dow Jones U.S. Utilities Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-utilities-index-fund/)
- [UPW](https://www.newconstructs.com/tag/upw/)
- [ProShares Ultra Utilities](https://www.newconstructs.com/tag/proshares-ultra-utilities/)
- [FUI](https://www.newconstructs.com/tag/fui/)
- [Focus Morningstar Utilities Index ETF](https://www.newconstructs.com/tag/focus-morningstar-utilities-index-etf/)
- [Vanguard Utilities ETF](https://www.newconstructs.com/tag/vanguard-utilities-etf/)
- [DPL Inc.](https://www.newconstructs.com/tag/dpl-inc/)
- [DPL](https://www.newconstructs.com/tag/dpl/)
- [Public Service Electric and Gas Company](https://www.newconstructs.com/tag/public-service-electric-and-gas-company/)
- [PEG](https://www.newconstructs.com/tag/peg/)
- [McDonald's Corporation](https://www.newconstructs.com/tag/mcdonalds-corporation/)
- [New Constructs' top ranking](https://www.newconstructs.com/tag/new-constructs-top-ranking/)
- [The Danger Within](https://www.newconstructs.com/tag/the-danger-within/)
- [stock-picking contest](https://www.newconstructs.com/tag/stock-picking-contest/)
- [New Constructs predicitve ETF ratings](https://www.newconstructs.com/tag/new-constructs-predicitve-etf-ratings/)
- [PXE](https://www.newconstructs.com/tag/pxe/)
- [PowerShares Dynamic Energy E&P](https://www.newconstructs.com/tag/powershares-dynamic-energy-ep/)
- [PXJ](https://www.newconstructs.com/tag/pxj/)
- [PowerShares Dynamic Oil Services](https://www.newconstructs.com/tag/powershares-dynamic-oil-services/)
- [Rydex S&P Equal Weight Energy ETF](https://www.newconstructs.com/tag/rydex-sp-equal-weight-energy-etf/)
- [Energy Select Sector SPDR](https://www.newconstructs.com/tag/energy-select-sector-spdr/)
- [iShares Dow Jones U.S. Oil Equipment & Services Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-oil-equipment-services-index-fund/)
- [QCLN](https://www.newconstructs.com/tag/qcln/)
- [First Trust NASDAQ Clean Edge Green Energy Index Fund](https://www.newconstructs.com/tag/first-trust-nasdaq-clean-edge-green-energy-index-fund/)
- [SPDR S&P Oil & Gas Equip & Service](https://www.newconstructs.com/tag/spdr-sp-oil-gas-equip-service/)
- [FXN](https://www.newconstructs.com/tag/fxn/)
- [First Trust Energy AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-energy-alphadex-fund/)
- [PXI](https://www.newconstructs.com/tag/pxi/)
- [PowerShares Dynamic Energy](https://www.newconstructs.com/tag/powershares-dynamic-energy/)
- [IEO](https://www.newconstructs.com/tag/ieo/)
- [iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-oil-gas-exploration-production-index-fund/)
- [ERX](https://www.newconstructs.com/tag/erx/)
- [Direxion Daily Energy Bull 3X Shares](https://www.newconstructs.com/tag/direxion-daily-energy-bull-3x-shares/)
- [SPDR S&P Oil & Gas Explor & Product](https://www.newconstructs.com/tag/spdr-sp-oil-gas-explor-product/)
- [DIG](https://www.newconstructs.com/tag/dig/)
- [ProShares Ultra Oil & Gas](https://www.newconstructs.com/tag/proshares-ultra-oil-gas/)
- [iShares Dow Jones U.S. Energy Sector Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-energy-sector-fund/)
- [FEG](https://www.newconstructs.com/tag/feg/)
- [Focus Morningstar Energy Index ETF](https://www.newconstructs.com/tag/focus-morningstar-energy-index-etf/)
- [Vanguard Energy ETF](https://www.newconstructs.com/tag/vanguard-energy-etf/)
- [energy sector rating](https://www.newconstructs.com/tag/energy-sector-rating/)
- [predictive rating](https://www.newconstructs.com/tag/predictive-rating/)
- [Exxon](https://www.newconstructs.com/tag/exxon/)
- [federal reserve](https://www.newconstructs.com/tag/federal-reserve/)
- [GDP](https://www.newconstructs.com/tag/gdp/)
- [income](https://www.newconstructs.com/tag/income/)
- [wages](https://www.newconstructs.com/tag/wages/)
- [wealth creation](https://www.newconstructs.com/tag/wealth-creation/)
- [wealth destruction](https://www.newconstructs.com/tag/wealth-destruction/)
- [long-term economic health](https://www.newconstructs.com/tag/long-term-economic-health/)
- [Mr. Ben Bernanke](https://www.newconstructs.com/tag/mr-ben-bernanke/)
- [interest rate policy](https://www.newconstructs.com/tag/interest-rate-policy/)
- [Ltd.](https://www.newconstructs.com/tag/ltd/)
- [expectations investing](https://www.newconstructs.com/tag/expectations-investing/)
- [PowerShares KBW Property & Casualty Insurance Portfolio](https://www.newconstructs.com/tag/powershares-kbw-property-casualty-insurance-portfolio/)
- [SPDR KBW Insurance ETF](https://www.newconstructs.com/tag/spdr-kbw-insurance-etf/)
- [KME](https://www.newconstructs.com/tag/kme/)
- [SPDR KBW Mortgage Finance ETF](https://www.newconstructs.com/tag/spdr-kbw-mortgage-finance-etf/)
- [SPDR KBW Capital Markets ETF](https://www.newconstructs.com/tag/spdr-kbw-capital-markets-etf/)
- [iShares Dow Jones U.S. Broker-Dealers Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-broker-dealers-index-fund/)
- [PIC](https://www.newconstructs.com/tag/pic/)
- [PowerShares Dynamic Insurance](https://www.newconstructs.com/tag/powershares-dynamic-insurance/)
- [PJB](https://www.newconstructs.com/tag/pjb/)
- [PowerShares Dynamic Banking](https://www.newconstructs.com/tag/powershares-dynamic-banking/)
- [REM](https://www.newconstructs.com/tag/rem/)
- [iShares FTSE NAREIT Mortgage REITs Index Fund](https://www.newconstructs.com/tag/ishares-ftse-nareit-mortgage-reits-index-fund/)
- [KRU](https://www.newconstructs.com/tag/kru/)
- [ProShares Ultra KBW Regional Banking](https://www.newconstructs.com/tag/proshares-ultra-kbw-regional-banking/)
- [SPDR KBW Regional Banking ETF](https://www.newconstructs.com/tag/spdr-kbw-regional-banking-etf/)
- [PFI](https://www.newconstructs.com/tag/pfi/)
- [PowerShares Dynamic Financial](https://www.newconstructs.com/tag/powershares-dynamic-financial/)
- [IAK](https://www.newconstructs.com/tag/iak/)
- [iShares Dow Jones U.S. Insurance Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-insurance-index-fund/)
- [Rydex S&P Equal Weight Financial ETF](https://www.newconstructs.com/tag/rydex-sp-equal-weight-financial-etf/)
- [Financial Select Sector SPDR](https://www.newconstructs.com/tag/financial-select-sector-spdr/)
- [PSCF](https://www.newconstructs.com/tag/pscf/)
- [PowerShares S&P SmallCap Financials Portfolio](https://www.newconstructs.com/tag/powershares-sp-smallcap-financials-portfolio/)
- [QABA](https://www.newconstructs.com/tag/qaba/)
- [First Trust NASDAQ ABA Community Bank Index Fund](https://www.newconstructs.com/tag/first-trust-nasdaq-aba-community-bank-index-fund/)
- [iShares Dow Jones U.S. Financial Services Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-financial-services-index-fund/)
- [FXO](https://www.newconstructs.com/tag/fxo/)
- [First Trust Financials AlphaDEX](https://www.newconstructs.com/tag/first-trust-financials-alphadex/)
- [FAS](https://www.newconstructs.com/tag/fas/)
- [Direxion Daily Financial Bull 3X Shares](https://www.newconstructs.com/tag/direxion-daily-financial-bull-3x-shares/)
- [FFL](https://www.newconstructs.com/tag/ffl/)
- [Focus Morningstar Financial Services Index ETF](https://www.newconstructs.com/tag/focus-morningstar-financial-services-index-etf/)
- [iShares Dow Jones U.S. Financial Sector Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-u-s-financial-sector-index-fund/)
- [UYG](https://www.newconstructs.com/tag/uyg/)
- [ProShares Ultra Financials](https://www.newconstructs.com/tag/proshares-ultra-financials/)
- [Vanguard Financials ETF](https://www.newconstructs.com/tag/vanguard-financials-etf/)
- [Aflac](https://www.newconstructs.com/tag/aflac/)
- [AFL](https://www.newconstructs.com/tag/afl/)
- [The Travellers](https://www.newconstructs.com/tag/the-travellers/)
- [predicitive ETF ratings](https://www.newconstructs.com/tag/predicitive-etf-ratings/)
- [White House](https://www.newconstructs.com/tag/white-house/)
- [sovereign debt](https://www.newconstructs.com/tag/sovereign-debt/)
- [government spending](https://www.newconstructs.com/tag/government-spending/)
- [tax revenues](https://www.newconstructs.com/tag/tax-revenues/)
- [Chairman Ben Bernanke](https://www.newconstructs.com/tag/chairman-ben-bernanke/)
- [the Fed's Bazooka](https://www.newconstructs.com/tag/the-feds-bazooka/)
- [New Constructs](https://www.newconstructs.com/tag/new-constructs/)
- [Treasury](https://www.newconstructs.com/tag/treasury/)
- [bailout](https://www.newconstructs.com/tag/bailout/)
- [Larry Summers](https://www.newconstructs.com/tag/larry-summers/)
- [too big to fail](https://www.newconstructs.com/tag/too-big-to-fail/)
- [Glass-Steagal](https://www.newconstructs.com/tag/glass-steagal/)
- [Ben Bernanke](https://www.newconstructs.com/tag/ben-bernanke/)
- [Fox Business News](https://www.newconstructs.com/tag/fox-business-news/)
- [David Trainer](https://www.newconstructs.com/tag/david-trainer/)
- [CLX](https://www.newconstructs.com/tag/clx/)
- [Eastman Kodak](https://www.newconstructs.com/tag/eastman-kodak/)
- [deferred tax asset](https://www.newconstructs.com/tag/deferred-tax-asset/)
- [pension accounting](https://www.newconstructs.com/tag/pension-accounting/)
- [underfunded pension liabilities](https://www.newconstructs.com/tag/underfunded-pension-liabilities/)
- [E*Trade](https://www.newconstructs.com/tag/etrade/)
- [EFTC](https://www.newconstructs.com/tag/eftc/)
- [Ameritrade](https://www.newconstructs.com/tag/ameritrade/)
- [AMTD](https://www.newconstructs.com/tag/amtd/)
- [corporate disclosure transgressions](https://www.newconstructs.com/tag/corporate-disclosure-transgressions/)
- [iShares Dow Jones Select Dividend Index Fund](https://www.newconstructs.com/tag/ishares-dow-jones-select-dividend-index-fund/)
- [Guggenheim Ocean Tomo Growth Index ET](https://www.newconstructs.com/tag/guggenheim-ocean-tomo-growth-index-et/)
- [OTR](https://www.newconstructs.com/tag/otr/)
- [economic profit](https://www.newconstructs.com/tag/economic-profit/)
- [hidden items](https://www.newconstructs.com/tag/hidden-items/)
- [earnings manipulation](https://www.newconstructs.com/tag/earnings-manipulation/)
- [Agenda: a Financial Times Service](https://www.newconstructs.com/tag/agenda-a-financial-times-service/)
- [American](https://www.newconstructs.com/tag/american/)
- [Financial lobby power](https://www.newconstructs.com/tag/financial-lobby-power/)
- [$1 million per congressman](https://www.newconstructs.com/tag/1-million-per-congressman/)
- [Securities and Exchange Commission](https://www.newconstructs.com/tag/securities-and-exchange-commission/)
- [Financial Accounting Standards Board](https://www.newconstructs.com/tag/financial-accounting-standards-board/)
- [FASB](https://www.newconstructs.com/tag/fasb/)
- [Public Company Accounting Oversight Board](https://www.newconstructs.com/tag/public-company-accounting-oversight-board/)
- [PCAOB](https://www.newconstructs.com/tag/pcaob/)
- [high-low fallacy](https://www.newconstructs.com/tag/high-low-fallacy/)
- [price/earnings multiple](https://www.newconstructs.com/tag/priceearnings-multiple/)
- [P/E)](https://www.newconstructs.com/tag/pe/)
- [P/E ratio](https://www.newconstructs.com/tag/pe-ratio/)
- [New Constructs' Rating](https://www.newconstructs.com/tag/new-constructs-rating/)
- [Fidelity's Magellan Fund](https://www.newconstructs.com/tag/fidelitys-magellan-fund/)
- [mutual fund rating system](https://www.newconstructs.com/tag/mutual-fund-rating-system/)
- [Morningstar](https://www.newconstructs.com/tag/morningstar/)
- [FMAGX](https://www.newconstructs.com/tag/fmagx/)
- [General Electric](https://www.newconstructs.com/tag/general-electric/)
- [GE](https://www.newconstructs.com/tag/ge/)
- [Neu­tral Risk/Reward Rat­ing.](https://www.newconstructs.com/tag/neu­tral-riskreward-rat­ing/)
- [Lam Research](https://www.newconstructs.com/tag/lam-research/)
- [LRCX](https://www.newconstructs.com/tag/lrcx/)
- [QTEX](https://www.newconstructs.com/tag/qtex/)
- [ETF predictive rating](https://www.newconstructs.com/tag/etf-predictive-rating/)
- [starbucks](https://www.newconstructs.com/tag/starbucks/)
- [very dangerous valuation](https://www.newconstructs.com/tag/very-dangerous-valuation/)
- [Fortune Magazine](https://www.newconstructs.com/tag/fortune-magazine/)
- [Seattle Post-INtelligencer](https://www.newconstructs.com/tag/seattle-post-intelligencer/)
- [Power Lunch](https://www.newconstructs.com/tag/power-lunch/)
- [Street Signs](https://www.newconstructs.com/tag/street-signs/)
- [Howard Shultz](https://www.newconstructs.com/tag/howard-shultz/)
- [Closing Bell](https://www.newconstructs.com/tag/closing-bell/)
- [Stock Brawl](https://www.newconstructs.com/tag/stock-brawl/)
- [Green Mountain Coffee](https://www.newconstructs.com/tag/green-mountain-coffee/)
- [GMCR](https://www.newconstructs.com/tag/gmcr/)
- [Caribou Coffee](https://www.newconstructs.com/tag/caribou-coffee/)
- [CBOU](https://www.newconstructs.com/tag/cbou/)
- [Peet's Coffee & Tea](https://www.newconstructs.com/tag/peets-coffee-tea/)
- [PEET](https://www.newconstructs.com/tag/peet/)
- [Einstein Noah](https://www.newconstructs.com/tag/einstein-noah/)
- [BAGL](https://www.newconstructs.com/tag/bagl/)
- [Dunkin Donuts](https://www.newconstructs.com/tag/dunkin-donuts/)
- [DNKN](https://www.newconstructs.com/tag/dnkn/)
- [future cash flow requirements](https://www.newconstructs.com/tag/future-cash-flow-requirements/)
- [First Trust Technology AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-technology-alphadex-fund/)
- [PSCT PowerShares S&P SmallCap Information Technology Portfolio](https://www.newconstructs.com/tag/psct-powershares-sp-smallcap-information-technology-portfolio/)
- [acn](https://www.newconstructs.com/tag/acn/)
- [New Constructs. predictive ratings for ETF](https://www.newconstructs.com/tag/new-constructs-predictive-ratings-for-etf/)
- [Dow Jones Industrial Average ETF](https://www.newconstructs.com/tag/dow-jones-industrial-average-etf/)
- [GVT](https://www.newconstructs.com/tag/gvt/)
- [Columbia Concentrated Large Cap Value Strategy Fund](https://www.newconstructs.com/tag/columbia-concentrated-large-cap-value-strategy-fund/)
- [PWV](https://www.newconstructs.com/tag/pwv/)
- [PowerShares Dynamic LargeCap Value](https://www.newconstructs.com/tag/powershares-dynamic-largecap-value/)
- [FDV](https://www.newconstructs.com/tag/fdv/)
- [First Trust Strategic Value Index Fund](https://www.newconstructs.com/tag/first-trust-strategic-value-index-fund/)
- [SDY](https://www.newconstructs.com/tag/sdy/)
- [SPDR S&P Dividend ETF](https://www.newconstructs.com/tag/spdr-sp-dividend-etf/)
- [iShares High Dividend Equity Fund](https://www.newconstructs.com/tag/ishares-high-dividend-equity-fund/)
- [JKF](https://www.newconstructs.com/tag/jkf/)
- [iShares Morningstar Large Value Index Fund](https://www.newconstructs.com/tag/ishares-morningstar-large-value-index-fund/)
- [WisdomTree Dividend ex-Financials Fund](https://www.newconstructs.com/tag/wisdomtree-dividend-ex-financials-fund/)
- [PXLV](https://www.newconstructs.com/tag/pxlv/)
- [PowerShares RAFI Fundamental Pure Large Value Portfolio](https://www.newconstructs.com/tag/powershares-rafi-fundamental-pure-large-value-portfolio/)
- [FDL](https://www.newconstructs.com/tag/fdl/)
- [First Trust Morningstar Dividend Leaders Index Fund](https://www.newconstructs.com/tag/first-trust-morningstar-dividend-leaders-index-fund/)
- [NY](https://www.newconstructs.com/tag/ny/)
- [iShares NYSE 100 Index Fund](https://www.newconstructs.com/tag/ishares-nyse-100-index-fund/)
- [RPV](https://www.newconstructs.com/tag/rpv/)
- [Rydex S&P 500 Pure Value ETF](https://www.newconstructs.com/tag/rydex-sp-500-pure-value-etf/)
- [VIG](https://www.newconstructs.com/tag/vig/)
- [Vanguard Div Appreciation ETF](https://www.newconstructs.com/tag/vanguard-div-appreciation-etf/)
- [IWX](https://www.newconstructs.com/tag/iwx/)
- [iShares Russell Top 200 Value Index Fund](https://www.newconstructs.com/tag/ishares-russell-top-200-value-index-fund/)
- [MGV](https://www.newconstructs.com/tag/mgv/)
- [Vanguard Mega Cap 300 Value](https://www.newconstructs.com/tag/vanguard-mega-cap-300-value/)
- [FVD](https://www.newconstructs.com/tag/fvd/)
- [First Trust Value Line Dividend Index Fund](https://www.newconstructs.com/tag/first-trust-value-line-dividend-index-fund/)
- [PFM](https://www.newconstructs.com/tag/pfm/)
- [PowerShares Dividend Achievers](https://www.newconstructs.com/tag/powershares-dividend-achievers/)
- [FTA](https://www.newconstructs.com/tag/fta/)
- [First Trust Large Cap Value AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-large-cap-value-alphadex-fund/)
- [EQIN](https://www.newconstructs.com/tag/eqin/)
- [Russell Equity Income ETF](https://www.newconstructs.com/tag/russell-equity-income-etf/)
- [DLN](https://www.newconstructs.com/tag/dln/)
- [WisdomTree LargeCap Dividend Fund](https://www.newconstructs.com/tag/wisdomtree-largecap-dividend-fund/)
- [EZY](https://www.newconstructs.com/tag/ezy/)
- [WisdomTree Low P/E Fund](https://www.newconstructs.com/tag/wisdomtree-low-pe-fund/)
- [SCHV](https://www.newconstructs.com/tag/schv/)
- [Schwab U.S. Large-Cap Value ETF](https://www.newconstructs.com/tag/schwab-u-s-large-cap-value-etf/)
- [DHS](https://www.newconstructs.com/tag/dhs/)
- [WisdomTree High-Yielding Equity Fund](https://www.newconstructs.com/tag/wisdomtree-high-yielding-equity-fund/)
- [IVE](https://www.newconstructs.com/tag/ive/)
- [iShares S&P 500 Value Index Fund](https://www.newconstructs.com/tag/ishares-sp-500-value-index-fund/)
- [VOOV](https://www.newconstructs.com/tag/voov/)
- [Vanguard S&P 500 Value ETF](https://www.newconstructs.com/tag/vanguard-sp-500-value-etf/)
- [SPYV](https://www.newconstructs.com/tag/spyv/)
- [SPDR S&P 500 Value ETF](https://www.newconstructs.com/tag/spdr-sp-500-value-etf/)
- [VTV](https://www.newconstructs.com/tag/vtv/)
- [Vanguard Value ETF](https://www.newconstructs.com/tag/vanguard-value-etf/)
- [VYM](https://www.newconstructs.com/tag/vym/)
- [Vanguard High Dividend Yield ETF](https://www.newconstructs.com/tag/vanguard-high-dividend-yield-etf/)
- [LWPE](https://www.newconstructs.com/tag/lwpe/)
- [Russell Low P/E ETF](https://www.newconstructs.com/tag/russell-low-pe-etf/)
- [EPS](https://www.newconstructs.com/tag/eps/)
- [WisdomTree Earnings 500 Fund](https://www.newconstructs.com/tag/wisdomtree-earnings-500-fund/)
- [IWD](https://www.newconstructs.com/tag/iwd/)
- [iShares Russell 1000 Value](https://www.newconstructs.com/tag/ishares-russell-1000-value/)
- [VONV](https://www.newconstructs.com/tag/vonv/)
- [Vanguard Russell 1000 Value ETF](https://www.newconstructs.com/tag/vanguard-russell-1000-value-etf/)
- [DTD](https://www.newconstructs.com/tag/dtd/)
- [WisdomTree Total Dividend Fund](https://www.newconstructs.com/tag/wisdomtree-total-dividend-fund/)
- [PRF](https://www.newconstructs.com/tag/prf/)
- [PowerShares FTSE RAFI US 1000 Portfolio](https://www.newconstructs.com/tag/powershares-ftse-rafi-us-1000-portfolio/)
- [EXT](https://www.newconstructs.com/tag/ext/)
- [WisdomTree Total Earnings Fund](https://www.newconstructs.com/tag/wisdomtree-total-earnings-fund/)
- [Johnson & Johnson](https://www.newconstructs.com/tag/johnson-johnson/)
- [JNJ](https://www.newconstructs.com/tag/jnj/)
- [bottoms-up ETF analysis](https://www.newconstructs.com/tag/bottoms-up-etf-analysis/)
- [First Trust Financials AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-financials-alphadex-fund/)
- [Jack Boble](https://www.newconstructs.com/tag/jack-boble/)
- [investing vs speculating](https://www.newconstructs.com/tag/investing-vs-speculating/)
- [Rise of the speculative movement](https://www.newconstructs.com/tag/rise-of-the-speculative-movement/)
- [DeVry](https://www.newconstructs.com/tag/devry/)
- [DV](https://www.newconstructs.com/tag/dv/)
- [mutual fund](https://www.newconstructs.com/tag/mutual-fund/)
- [predicitve rating for mutual fund](https://www.newconstructs.com/tag/predicitve-rating-for-mutual-fund/)
- [front end load](https://www.newconstructs.com/tag/front-end-load/)
- [back end load](https://www.newconstructs.com/tag/back-end-load/)
- [redemption fee](https://www.newconstructs.com/tag/redemption-fee/)
- [portfolio turnover](https://www.newconstructs.com/tag/portfolio-turnover/)
- [12b1 Fees](https://www.newconstructs.com/tag/12b1-fees/)
- [Advisory Expense](https://www.newconstructs.com/tag/advisory-expense/)
- [Administrative Fees](https://www.newconstructs.com/tag/administrative-fees/)
- [stock market bubble](https://www.newconstructs.com/tag/stock-market-bubble/)
- [Is Europe's Bailout 'A Gigantic Con Game'?](https://www.newconstructs.com/tag/is-europes-bailout-a-gigantic-con-game/)
- [EFSF](https://www.newconstructs.com/tag/efsf/)
- [European Financial Stability Fund](https://www.newconstructs.com/tag/european-financial-stability-fund/)
- [euro](https://www.newconstructs.com/tag/euro/)
- [Public Service Enterprise Group](https://www.newconstructs.com/tag/public-service-enterprise-group/)
- [FXU](https://www.newconstructs.com/tag/fxu/)
- [First Trust Utilities AlphaDEX Fund](https://www.newconstructs.com/tag/first-trust-utilities-alphadex-fund/)
- [dividend](https://www.newconstructs.com/tag/dividend/)
- [MF Global](https://www.newconstructs.com/tag/mf-global/)
- [MF](https://www.newconstructs.com/tag/mf/)
- [Apple Inc.](https://www.newconstructs.com/tag/apple-inc/)
- [Energy XXI (Bermuda) Ltd.](https://www.newconstructs.com/tag/energy-xxi-bermuda-ltd/)
- [EXXI](https://www.newconstructs.com/tag/exxi/)
- [Superior Energy Services](https://www.newconstructs.com/tag/superior-energy-services/)
- [SPN](https://www.newconstructs.com/tag/spn/)
- [Diamond Offshore Drilling](https://www.newconstructs.com/tag/diamond-offshore-drilling/)
- [DO](https://www.newconstructs.com/tag/do/)
- [WFC](https://www.newconstructs.com/tag/wfc/)
- [COP](https://www.newconstructs.com/tag/cop/)
- [CME](https://www.newconstructs.com/tag/cme/)
- [PXD](https://www.newconstructs.com/tag/pxd/)
- [AVB](https://www.newconstructs.com/tag/avb/)
- [EP](https://www.newconstructs.com/tag/ep/)
- [DVN](https://www.newconstructs.com/tag/dvn/)
- [VNO](https://www.newconstructs.com/tag/vno/)
- [EQR](https://www.newconstructs.com/tag/eqr/)
- [NLY](https://www.newconstructs.com/tag/nly/)
- [Well Fargo](https://www.newconstructs.com/tag/well-fargo/)
- [ConocoPhillips](https://www.newconstructs.com/tag/conocophillips/)
- [CME Group](https://www.newconstructs.com/tag/cme-group/)
- [Pioneer Natural Resources](https://www.newconstructs.com/tag/pioneer-natural-resources/)
- [Avalon Bay](https://www.newconstructs.com/tag/avalon-bay/)
- [El Paso Corp](https://www.newconstructs.com/tag/el-paso-corp/)
- [Devon Energy](https://www.newconstructs.com/tag/devon-energy/)
- [Vornado Realty](https://www.newconstructs.com/tag/vornado-realty/)
- [Equity Residential](https://www.newconstructs.com/tag/equity-residential/)
- [Annaly Capital Management](https://www.newconstructs.com/tag/annaly-capital-management/)
- [economci earnings](https://www.newconstructs.com/tag/economci-earnings/)
- [predictive ratings](https://www.newconstructs.com/tag/predictive-ratings/)
- [fund ratings](https://www.newconstructs.com/tag/fund-ratings/)
- [portfolio management](https://www.newconstructs.com/tag/portfolio-management/)
- [stock rating system](https://www.newconstructs.com/tag/stock-rating-system/)
- [stock ratings](https://www.newconstructs.com/tag/stock-ratings/)
- [ETFs](https://www.newconstructs.com/tag/etfs/)
- [mutual funds](https://www.newconstructs.com/tag/mutual-funds/)
- [portfolio management rating](https://www.newconstructs.com/tag/portfolio-management-rating/)
- [total annual costs](https://www.newconstructs.com/tag/total-annual-costs/)
- [asset allocation rating](https://www.newconstructs.com/tag/asset-allocation-rating/)
- [HFLGX](https://www.newconstructs.com/tag/hflgx/)
- [FDSAX](https://www.newconstructs.com/tag/fdsax/)
- [PBFDX](https://www.newconstructs.com/tag/pbfdx/)
- [USMV](https://www.newconstructs.com/tag/usmv/)
- [CRMEX](https://www.newconstructs.com/tag/crmex/)
- [RYRSX](https://www.newconstructs.com/tag/ryrsx/)
- [RYMKX](https://www.newconstructs.com/tag/rymkx/)
- [BKPIX](https://www.newconstructs.com/tag/bkpix/)