These Stocks Remain Undervalued Post 1Q21 Earnings
We’re reiterating three Long Ideas that recently reported calendar 1Q21 earnings.
Matt Shuler, Investment Analyst II
Bank of America
Matt Shuler, Investment Analyst II
Featured Stocks in June’s Most Attractive/Most Dangerous Model Portfolios
See two of the featured stocks from this month’s model portfolios.
Kyle Guske II, Senior Investment Analyst, MBA
How the Fiduciary Rule Can Make You Money
With full implementation scheduled for July 2019, figuring out how to deal with the fiduciary rule is the top priority for many firms and advisors. Here’s how you turn this regulatory bombshell to your advantage.
Sam McBride
Fiduciary Rule Delayed, But Its Impact Remains
Despite over 92% of the 193,000 comment letters opposing delay, the Department of Labor’s Fiduciary Rule has been officially delayed until June 9. No matter the legalities, investor awareness is higher.
Kyle Guske II, Senior Investment Analyst, MBA
There’s No Getting Out Of Fiduciary Duties
We think investors’ expectation for the fiduciary standard is here to stay no matter what the official rules say -- and those investors will increasingly demand that their advisers apply to their non-retirement accounts too.
Sam McBride
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.
Kyle Guske II, Senior Investment Analyst, MBA
Why the Fed’s Stress Test Isn’t a Stamp of Approval for Investors
In this podcast, CEO David Trainer will explain why many of the big banks will not be as good investments now as they have been in the past.
David Trainer, Founder & CEO
How To Avoid the Worst Sector ETFs
Picking from the multitude of sector ETFs is a daunting task.
David Trainer, Founder & CEO
Danger Zone: Momentum Investors and the Financial Sector
As regulators dole out punishments that fit the crimes, they are finally closing many of the illegal trading loopholes that have driven so much of Wall Street profits over the past decade.
David Trainer, Founder & CEO
Deferred Tax Assets and Liabilities – Invested Capital Adjustment
DTAs artificially raise reported assets and do not help generate operating profit while DTLs are like a source of interest-free financing. We remove the impact of DTAs and DTLs from our calculation of invested capital to ensure the more accurate measure of a firm’s return on invested capital (ROIC).
David Trainer, Founder & CEO
Best & Worst ETFs and Mutual Funds: Large-cap Value Style
The Large-cap Value style ranks second out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report. It gets my Neutral rating, which is based on aggregation of ratings of 41 ETFs and 772 mutual funds in the Large-cap Value style as of May 1, 2013.
David Trainer, Founder & CEO
How To Find the Best Sector ETFs
Finding the best ETFs is an increasingly difficult task in a world where a new ETF seems to be born every 10 seconds.
David Trainer, Founder & CEO
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.
David Trainer, Founder & CEO
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.
David Trainer, Founder & CEO
The Most Dangerous ETFs For March
My ratings on ETFs are unique because they are based on my stock ratings for each of a fund’s holdings.
Ergo, the “Most Dangerous” ETFs allocate the most capital to stocks on March’s Most Dangerous Stocks list, which is available for non-subscribers as of today. There are 40 stocks on the Most Dangerous list every month.
David Trainer, Founder & CEO
Matt Taibbi of Rolling Stone References My Article on BAC’s 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.
David Trainer, Founder & CEO
Sell BAC: Management Is Running Out of Gimmicks
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.
David Trainer, Founder & CEO
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.
David Trainer, Founder & CEO
Wall $treet Week Returns: New Constructs’ Unique Research and Very Attractive Rating for AAPL
My interview with Wall $treet Week focuses on the uniquely rigorous research of New Constructs and three of our top stock picks.
David Trainer, Founder & CEO
Forensic Accounting Says Avoid Energy & Financial Stocks
As one financial scandal follows another, it seems the good guys are having a tougher time catching the bad guys. Recent revelations about MF Global’s ponzi scheme are another reminder of how our regulatory and oversight systems seem to let whales pass through their net.
David Trainer, Founder & CEO