International Speedway

• Should Investors Follow John Rogers' Bullish Picks?

  By Anh HOANG - May 9, 2013 | Tickers: ISCA, MSG, TRK

  John Rogers, the Chairman and CEO of Ariel Investments, has managed to deliver a sweet gain of 289% since the market bottomed in 2009. In a recent interview with CNBC, he expressed his bullish attitude towards International Speedway (NASDAQ: ISCA) and Madison Square Garden (NASDAQ: MSG).

  While Madison Square has been increasing steadily for more than three years, from $19.50 per share to $60.70 per share, International Speedway more »

• What is Ariel Investments Buying These Days?

  By Meena Krishnamsetty - December 27, 2012 | Tickers: APOL, ISCA, RST, WU, WMS

  John Rogers founded Ariel Investments in 1983 following a stint at William Blair & Company. Rogers received an AB in economics from Princeton University and started his own investment firm with only $100,000 from Howard University’s endowment. From 1983 to 1986, Rogers managed to grow Ariel Investments’ assets to $45 million. After reviewing Ariel’s latest 13F, we have outlined five stocks the fund was bullish on last quarter more »

• Ariel Investments Revs its Engine in International Speedway

  By Meena Krishnamsetty - November 13, 2012 | Tickers: CHDN, CNK, ISCA, RGC, SGMS

  At the end of August, Ariel Investments reported a position of 2.8 million shares in International Speedway Corporation (NASDAQ: ISCA), which gave it 11% of the shares outstanding. Apparently, over the past couple months the fund, which is managed by John Rogers (find more stocks owned by Ariel Investments), has decided to get more aggressive on the provider of motor sports entertainment; a more recent filing shows it owning more »

• What is Kyle Bass’s Top Stock Pick? The Answer Will Surprise You

  By Meena Krishnamsetty - October 23, 2012 | Tickers: ISCA, LTM, SIX, CLUB, MTN

  Kyle Bass, manager of Hayman Advisors, is famous for his bets against sub-prime mortgages during the last financial crisis. His Dallas-based fund manages just over $1 billion in assets and has investments in a variety of asset classes. Hayman’s U.S. stock portfolio is relatively small in comparison to its AUM, as the U.S. fund reported just $87 million on its latest 13F filing with the SEC.

  Interestingly more »

• 5 Great Stocks For The Long Haul

  By Daniel Sparks - October 12, 2012 | Tickers: BRK-B, EBAY, ISCA, UNP, WM |

  It's always a good idea to hold a few core stocks in your portfolio that you can count on to continue "business as usual" for years to come. Warren Buffett famously articulated this idea, saying, “It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”
  

  Great companies lead to lower turnover for your portfolio, and less stress for more »

• Ariel Investments Bets on this Small Cap Stock

  By Meena Krishnamsetty - September 11, 2012 | Tickers: CHDN, CNK, ISCA, RGC, SGMS

  Mutual fund Ariel Investments has filed with the SEC to disclose ownership of 2.8 million shares of International Speedway Corporation (NASDAQ: ISCA), a $1.3 billion market cap entertainment company that owns and operates NASCAR tracks. Ariel had reported a position of 2.2 million shares at the end of June, which in turn was up from about 460,000 shares at the end of March and none at more »

• The Only Reason to Invest

  By Nikhil Shamapant - July 10, 2012 | Tickers: AAPL, DELL, DMND, ISCA, OPEN

  The True Purpose of a Business is...

  To produce earnings for its owners. As owners put in the capital and take on the business risk they deserve to reap the rewards of a business's success. That’s the inherent reasoning of owning a stock, and it’s something that many companies ignore even as they say they are “seeking to create long-term shareholder value.”

  Since the goal of a more »

• Six Flags is an Overvalued and Uncertain Investment

  By Meena Krishnamsetty - April 10, 2012 | Tickers: ISCA, LTM, SIX, CLUB, MTN

  Much like the roller coasters that sweep the skylines of its parks, Six Flags Entertainment Corp. (NYSE: SIX) has had its share of ups and downs over the last few years.  Officially the world’s biggest amusement park corporation in terms of physical size, Six Flags has had trouble living up to this billing in other facets of its business.  As of last fall, insiders had been buying the stock more »

• 5 'Smart Money' Buy Ideas For 2012

  By Robert Fisher - January 13, 2012 | Tickers: AIG, ISCA, MRCY, OMC, SPLS

  This article takes a look at five stocks that appear in multiple guru portfolios, and that, on a discounted cash flow basis, are undervalued. While this doesn’t make them ‘bulletproof’, most of us take comfort in knowing that some highly regarded investors have taken the plunge and that shares are selling at a discount. We’ll see how these “guru” picks stack up to a competitor and gather insights more »