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Michael Richardson

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  • Value Traps or end of Year Bargains?

    By Michael Richardson - December 24, 2012 | Tickers: BRK-A, BDN, CNA, FTE, PDS, PFS, XRX

    Value Traps or end of Year Bargains?

    I am always interested in hunting for bargains amongst stocks trading below their book values. There are, however, a lot of value traps in this universe, so we need to eliminate some of the obvious losers. To select the more promising stocks out there, I have screened for all stocks trading at less than their book values. To remove the more risky stocks more »

  • What Should you do if Your Most Loved Stocks are Underperforming?

    By Michael Richardson - December 23, 2012

    We all know we need to be coldly unemotional if we are to be successful in the stock market, but there is something about certain stocks that makes us want to hold them forever. We all have our favorites that we love to see in our portfolios. Maybe we love the products, maybe we love the Management, and maybe we love the dividend yield. Perhaps we remember the all time more »

  • It is Time to Love This Company's Share Price and Not Only Their Doughnuts.

    By Michael Richardson - November 6, 2012

    Krispy Kreme (NYSE: KKD) is looking undervalued.

    Krispy Kreme reports results on 26 November 2012 and the market seems to be expecting the worst. Wall Street is optimistic with three out of five analysts expecting outperformance, however the share price has only risen 3.54% in the last year.

    A comparison with Dunkin Doughnuts (NASDAQ: DNKN) that reported on 30 October 2012 reveals a very different appreciation of their results more »

  • Expect the Fireworks to Continue

    By Michael Richardson - October 24, 2012 | Tickers: MIDD, YUM

    Middleby (NASDAQ: MIDD) is a manufacturer of ovens and cooking equipment riding the wave of the trend towards fast foods that is starting to get traction in the developing world.

    Middleby is based in Elgin, Illinois with subsidiaries geographically spread throughout the world and has grown into a market leader through an aggressive policy of acquiring competitors and using borrowings to finance the buying spree.

    Growth through acquisition is usually more »