Joel Eggerding
All Posts
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Drilling Down to Show Wall Street Disconnect
By Joel Eggerding - March 5, 2013 | Tickers: APA, COG, NFX
Natural Gas is the path to bankruptcy and drilling for oil is the way to riches! That's Wall Street's current thought. Plus, don't even get them started about international offshore drillers. This must mean that all natural gas and offshore drillers are down and all stocks with exposure to domestic on-shore oil drilling must be going up.
I am looking to add more oil companies as my more »
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Progressive Thoughts on Price to Book
By Joel Eggerding - February 25, 2013 | Tickers: AIG, PGR, ALL
The ubiquitous Flo ads on TV remind us that at Progressive (NYSE: PGR), you see the price they offer along with the price of their competitors. It got me thinking that I should look at their stock price and compare it to their competitors. The top 4 car insurance companies are:
1. State Farm -- owned by their policy holders
2. Allstate (NYSE: ALL)
3. GEICO -- owned by Berkshire Hathaway
4 more »
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Food Sponsor Bowl Championship
By Joel Eggerding - January 11, 2013 | Tickers: BLMN, BWLD, KRFT, PEP
Now that the Alabama Crimson Tide have won the BCS National Championship, I think looking back at all the game sponsors is quite interesting. Utah State beat Toledo in the Great Idaho Potato Bowl and Ohio beat UL-Monroe in something called the AdvoCare V100 Independence Bowl. While you may not have heard of AdvoCare V100, I found 17 sponsors of college bowl games that are publically traded. I thought it more »
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Dumpster Diving in Natural Resources
By Joel Eggerding - December 12, 2012 | Tickers: CLF, XCO, MMR, BTU, SGY
Every stock has a 52 week high and a 52 week low. As an individual investor we should buy at, or near, the 52 week low and look to lock in profits when a stock is hitting its 52 week high. I like to peruse the list of 52 week low stocks -- after all, they are right there in my Wall Street Journal every day. 2 natural resource stocks were more »
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Will Dell Declare a Special Dividend?
By Joel Eggerding - December 4, 2012 | Tickers: COST, DELL, LVS
Will Dell (NASDAQ: DELL) be the latest large-cap stock to declare and pay a special dividend? Using the recent special dividend announcements from Las Vegas Sands (NYSE: LVS) and Costco (NASDAQ: COST), it sure looks like Dell could declare a special dividend. How are these three companies similar? All have strong operating cash flows and cash on their balance sheets to be able to pay the dividend. By my calculations more »
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Splunk(ing) for earnings data
By Joel Eggerding - November 16, 2012 | Tickers: SPLK
2012 IPO darling Splunk (NASDAQ: SPLK) will be reporting earnings on November 29th. IPOs are like presents for institutional investors. They play with them for a while, but soon get bored. That's where individual investors have an advantage -- we can scoop up these old presents and make money with them.
What does Splunk do? From their September 13th 10-Q:
"Splunk provides an innovative software platform that enables organizations to more »
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No Need to Surf This Wave
By Joel Eggerding - October 31, 2012 | Tickers: DF, WWAV
As individual investors, we have advantages over professional money managers. Buying and flipping IPOs should be left to the professionals, but there is a way we can profit. I like to look at IPOs as there are regulatory filings and press coverage. If I like the IPO then I will put it on my wishlist and look to buy in 6-9 months when the professionals are on to the new more »