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David Trainer, Founder & CEO
David Trainer, Founder & CEO
Big Tech Leads Decline in Core Earnings
Reported earnings have not been this overstated, relative to core earnings, for the Tech sector since the Tech bubble.
Kyle Guske II, Senior Investment Analyst, MBA
Podcast: Why The Technology Sector 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: Big Tech Leads Decline in Core Earnings.
Kyle Guske II, Senior Investment Analyst, MBA
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.
Sam McBride
Is Slack’s Expected Valuation Spot On?
Slack has impressive growth numbers and some real competitive advantages, but it also faces significant competition as it expands the breadth of its offerings.
Sam McBride
See Us on CNBC Talking Snap
We joined CNBC on Tuesday, April 23 to discuss Snap’s earnings, the competitive challenges it faces, and its valuation.
Kyle Guske II, Senior Investment Analyst, MBA
Pre-IPO Coverage: Pinterest (PINS)
This report aims to help investors sort through Pinterest’s financial filings to understand the fundamentals and valuation of this IPO.
Sam McBride
Snapchat Shows the Problems with “Visionary” Founders and Dual Class Share Structures
With no mechanism to hold CEO Evan Spiegel accountable for his missteps, Snap’s investors can only watch the company’s ongoing struggles with frustration.
Sam McBride
Bursting SNAP’s (Micro) Bubble
Many of the issues that plagued Snap at IPO have only gotten worse and as a result, Snap Inc., and its micro-bubble, is already in our Focus List – Short Model Portfolio, and once again back in the Danger Zone.
Kyle Guske II, Senior Investment Analyst, MBA
ICYMI: Facebook Proves We’re Not in a Bubble, Model Portfolio Updates, Style Fund Reports, and Cheap Funds Mislead
Here's what happened at New Constructs this past week.
Kyle Guske II, Senior Investment Analyst, MBA
Overstated Profits Can’t Even Justify this Stock’s Valuation
This firm’s lack of resources (relative to competitors) and low profitability make the expectations baked into the stock price look overly optimistic.
Kyle Guske II, Senior Investment Analyst, MBA
Now’s 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.
Sam McBride
AI Has a Big (Data) Problem (3 of 5)
We are awash in an ocean of data that grows bigger by the second. And it’s a complete and utter mess.
Sam McBride
See Us on CNBC Talking Facebook at 3:30ET Today
Learn more on Wednesday, November 1 at 3:30 ET when New Constructs CEO, David Trainer, joins CNBC’s Closing Bell to discuss Facebook’s business and the upside in its stock.
Kyle Guske II, Senior Investment Analyst, MBA
Will Investors Look Past Snap’s Hype?
When SNAP first filed for IPO, there was a lot of hype and the original $25 billion valuation quickly fell to $22.5 billion. Is the market so hungry for another tech IPO that it will overlook the dismal fundamentals and nosebleed valuation of SNAP?
Kyle Guske II, Senior Investment Analyst, MBA
Danger Zone: Snap Inc. (SNAP)
Snap is in the Danger Zone this week given its negative profitability, nosebleed valuation, and questionable disclosure practices.
Kyle Guske II, Senior Investment Analyst, MBA
Why Suitors Are Leaving Twitter at the Altar – Danger Zone
Today’s news that Alphabet, Apple, and Disney are unlikely to bid for Twitter should come as no surprise. We think these companies (and many investors) are doing the same work we have done and simply cannot stomach paying anywhere close to Twitter’s current price.
Kyle Guske II, Senior Investment Analyst, MBA
The Fed Is Irrelevant: Low Interest Rates Are the New Normal
It’s time to consider a new paradigm for interest rates – a paradigm where treasury rates remain ultra low and riskier investments are priced by a decentralized market instead of a central bank.
Sam McBride
Market Outlook For 2016
I think we are seeing the start of that process in late 2015 and early 2016. The combination of a slowdown in China, falling energy prices, and the end of zero interest rate policy from the Fed have put markets and the global economy in an interesting state of transition.
Sam McBride
LinkedIn: How Low Can It Go? $20/share
There is a lack of credible research on “just how low can LNKD go?” Our answer has not changed much since we put LinkedIn in the Danger Zone back in August 2013. We think the bottom for this stock is closer to $20/share
Kyle Guske II, Senior Investment Analyst, MBA