Summary 2015 is a historical record year for TRN. Extreme pessimism regarding litigation and industry has pushed stock to opposite extreme. 2016 earnings and positive litigation outcome to push stock up. Trinity Industries (NYSE:TRN) is a stock I hold in my portfolio. It currently trades at a P/E of 5x despite good results due to extreme pessimism. Company … [Read more...]
Why I Sold My Shares in Micron
Summary MU surprised the market with its EPS guidance. Fundamentals appear to be deteriorating. Taking into account recent results, the Inotera acquisition and guidance, the stock valuation is not sufficiently cheap enough for me. Micron Technology (NASDAQ:MU) came out with results yesterday. As the graph shows below, it has been a difficult year for … [Read more...]
Why I Converted All My Shares to HPE
Summary Last month I concluded that both stocks were cheap and more information was needed. Post the recent earnings, enough information was supplied by the company to make a decision. The evidence I saw and how I decided to make the switch. Last month I wrote an article on Hewlett Packard Enterprise (NYSE:HPE) & HP Inc (NYSE:HPQ) with the title "Two Cheap … [Read more...]
Stage Stores On Clearance For Thanksgiving
Summary Post-earnings, the stock dropped -30% resulting in this undervalued opportunity. The stock trades at a 8.1% yield, and at a huge discount to both historicals and the industry. Insiders have been buying between $6-7. The insider buys in the past were good entry points. The buyback announced a day before insider purchases could result in a repurchase of … [Read more...]
Avnet: How To Play This ‘Cheap’ Low Margin/Low-Growth Stock
Summary A global player trading at around 10x LTM earnings. A look at the fundamentals, variety of valuation methods, guidance, historical guidance and headwinds. Investors interested can profit by focusing on the low end of the valuation and the 200-day MA. Avnet (NYSE:AVT) is a global electronics distributor and along with competitor Arrow Electronics (NYSE:ARW) … [Read more...]
