Steven Mallas

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• IBM: Great Company, Currently Overvalued

  By Steven Mallas - April 15, 2013 | Tickers: IBM, MSFT

  International Business Machines (NYSE: IBM) is one fine company. I'm generally bullish on its long-term prospects, as you will see, but I've come to the opinion that it isn't a buy right now. 

  Let's start with some data. Over at the company's investor site, it can be seen that Big Blue had a nice fiscal 2012. Free cash flow came in at $18.2 billion more »

• J.C. Penney: Should Investors Have Patience With CEO Ron Johnson

  By Steven Mallas - January 4, 2013 | Tickers: JCP, TGT, WMT |

  If you look at a one-year chart of J.C. Penney's (NYSE: JCP) stock price, you will note, rather disconcertingly, that it is not heading in the right direction. At the time of this writing, the stock was priced slightly below $20 per share. The 52-week high is slightly above $43.

  What's the cause of this drop? Well, perhaps you've heard that J.C. Penney is trying more »

• Is the Force Really With Bob Iger?

  By Steven Mallas - November 1, 2012 | Tickers: TWX, DIS

  Disney (NYSE: DIS) buys Lucasfilm for $4 billion in cash and stock. The Mouse owns Star Wars. CEO Robert A. Iger is a genius. There's no argument on this, right?

  Wrong.

  Bob Iger is, quite honestly, getting ridiculous with his acquisition strategy. First, there was Pixar. Then there was Marvel. Now, Star Wars. What will Bob buy next? DreamWorks Animation? Lions Gate Entertainment (Disney could make a new Saw more »

• The Toughest Stock to Hold

  By Steven Mallas - October 11, 2012 | Tickers: DWA, NWSA, DIS

  I've owned DreamWorks Animation (NASDAQ: DWA) for a while now, and I've become convinced it's the toughest equity in the universe to hold.

  Okay, give me an award for exaggeration, but seriously, to all those DWA holders out there -- am I right or am I right?

  We've all heard of broken/stuck stocks before, but sometimes I think DreamWorks Animation should take the top prize. It more »