Carter's (NYSE: CRI) is a leading manufacturer of baby clothes and sleepwear, and an emerging factor in playwear, which comprises two-thirds of the $23 billion industry. In July 2005, Carter's acquired OshKosh; combined, these two brands represented about 16% of the children's apparel market in 2011.
In my opinion, Carter’s is one of the best-run children’s apparel companies, with two of the strongest children’s more »
In one of my previous articles, I discussed investment opportunities in some of last month’s underperforming retail stocks. I have screened three more retail stocks that have seen a significant correction in October. The following is the list of these three stocks.
Stock Price Decline in October
Chipotle Mexican Grill
Starbucks more »
After outperforming for most of 2012, lodging stocks have underperformed recently amid concerns about a wobble in 4Q RevPAR (Revenue Per Available Room) extending into 2013. Over the last one month, the stocks of some big hotel companies like Marriott International (NYSE: MAR), Starwood Hotel and Restaurants Worldwide (NYSE: HOT), Wyndham Worldwide Corporation (NYSE: WYN) and Intercontinental Hotels Group (NYSE: IHG), have all underperformed Standard & Poor’s 500.
I don more »
Markets have corrected quite a bit from their recent highs; in fact, in the last month the S&P 500 has declined ~2%. I was looking for investment opportunities and screened for retail stocks that have significantly underperformed the broader markets in the last month. The following is a list of three such retail stocks that have declined over 10% in the last 31 days.
1 month stock more »
Recently, Harley-Davidson (NYSE: HOG) reported mixed Q3 results, with EPS a penny above the consensus estimates but revenue growth falling 2.7% short of expectations. Overall, while there were some puts and takes, I believe the results were generally better than feared and I am optimistic about the company. This is especially true given an upside to international sales, clear indication that U.S. retail sales weakness was due to more »
The shares of some high multiple consumer stocks including Chipotle Mexican Grill (NYSE: CMG), Lululemon Athletica (NASDAQ: LULU) and Under Armour (NYSE: UA) have been under pressure lately. The shares of Chipotle Mexican Grill have seen a 20% downfall in a month after David Einhorn presented a bearish case highlighting the competitive threat posed by Taco Bell. Sports clothing and accessories company, Under Armour, recently announced good Q3 results with more »
The shares of luxury retailer Coach (NYSE: COH) have seen a lot of ups and downs this year. Coach’s share price dropped a whopping 19% in just a single day after the company announced its 4Q12 results in July as the investors were concerned that modest same store sales growth (North American SSS rose 1.7% vs. consensus estimates of 6.4%) was a sign that the company is more »
When capacity utilization bottomed at 67% in June 2009 during the last recession, there was easier money to be made. Now that the U.S. rate is 78-80%, it appears that we are in that mid-cycle period where the rate goes through a nominal flattening with some short-term cyclical behavior. With capacity utilization at these levels, customers typically look to invest for further productivity improvements in existing facilities.
For long-term more »
Ever since the global economic slowdown, the metal industry has seen a lot of upward and downward movement. Since steel is an essential metal product, a commodity on which hundreds of metal products are based, it is advantageous to keep track of steel product manufacturing companies.
Many investors are worried about a fall-off in ExxonMobil’s (NYSE: XOM) 2H12 volumes relative to peers. However, I suggest them to take it as a grain of salt as the company’s strong long term growth prospects are intact. Going forward, after a transition year in 2012, I believe Exxon’s performance will be huge positive given scheduled projects add to volume and cash flow confidence while also reducing more »
Halliburton (NYSE: HAL) has steadily gained market share in key, high-growth product lines such as Drilling Services, Completions, Drilling Fluids, and Drill Bits. The company is relatively evenly split between its North American and International revenues. The company has recently updated its 2012 and 2013 outlook. Now, North American revenue in 3Q12 is expected to be down mid-single digits sequentially versus the prior expectations of relatively flat; NAM margins are more »
Medical robots should fall in the high tech consumers category as I don’t think it’s just the mechanical part that gives it its name, but a substantial amount of digital technology used to capture and process data to help manipulate the mechanical robot justifies its name. Definitely not all robots will be economic successes but it is a field worth exploring for investors. So far, Intuitive Surgical (NASDAQ: ISRGmore »)
PVH (NYSE: PVH) is one of the world's leading apparel companies. The company currently controls a diverse portfolio of owned (Calvin Klein, Van Heusen, ARROW, and IZOD) and licensed brands (Tommy Hilfiger, Geoffrey Beene, Chaps, Sean John, and Donald J. Trump). Through a mix of wholesale, retail, and licensed businesses, the company generated $5.4 billion in revenue and $5.37 in operating EPS in 2011.
The company has more »
Last month, Parker-Hannifin Corporation (NYSE: PH) announced a small divestiture. The company has agreed to sell the automotive air conditioning business to ContiTech AG of Germany. The divested business contributed approximately 1% of F12 revenue (14% of Climate and Industrial Controls segment revenue). I believe there is a further scope for such divestitures; in particular lower margin businesses. Looking forward, I see a number of levers that Parker Hannifin could more »
US consumers remain uncertain about the broader macros yet they seem to have a healthy enthusiasm for shopping. Since recession, consumer spending has improved substantially. Consumer spending got off to a positive start in the third quarter and offers hope that economic growth may accelerate this quarter. I screened last month’s top performing consumer stocks and analyzed their further upside potential. 17 large-cap and mid-cap consumer companies fulfilled the more »
I like to examine hedge funds and what hedge fund managers do with their portfolios as analyzing and imitating successful hedge funds is a relatively easier way to make sizeable profits. I find it essential to analyze Warren Buffett's top holdings and check some facts about each of his picks. This article provides an analysis of Warren Buffet’s top consumer stocks and their growth prospects.
I analyzed Berkshire more »
Investors love Tobacco Companies and the main reason behind that is an impressive dividend yield. Lorillard (NYSE: LO), Altria (NYSE: MO) and Reynolds American (NYSE: RAI), all provide over 5% dividend yield. Philip Morris (NYSE: PM) lags behind the other three in this regard and provides a dividend yield of 3.5%. But does that really make Philip Morris stock less attractive? Well, successful dividend investors focus on more than more »
Wal-Mart (NYSE: WMT), despite being widely considered as one of the most stable, low beta companies, has significantly outperformed the broader markets in 2012 and the stock has seen a tremendous 23% year to date run up as compared to S&P 500’s 11% gain. As a result, the company is trading near its all-time high. After such a strong performance this year, there are concerns that a further more »
Earlier this year, Warren Buffett announced a $1 billion stake in DirecTV (NASDAQ: DTV), the largest provider of household satellite television in the United States with a customer base over 18.5 million. Berkshire Hathaway’s 13F fillings show that the company has added to its position in DirecTV last quarter. Let’s analyze what’s so special about this satellite television provider that is keeping Warren Buffet interested.
Even more »
Appaloosa Management is a hedge fund founded in 1993 by David Tepper. Since its inception, Appaloosa has netted investors 30.7% annual compounded returns. During the 2008-2009 recession, after posting negative returns (-26.7%) in 2008, the firm bounced back in 2009 and achieved a 117.3% return for the nine months ended on 30th Sep’09; making it the best-performing hedge fund with assets over $1 billion, according more »
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