Cash in the Bank, but What to Buy?
Posted on May 8, 2015 | Stock Superstars Report
While we don’t generally talk about market rumors (otherwise we would have time to talk about nothing else!), when one of the SSR portfolio’s holdings is the subject of speculation and it moves the share price significantly, we realize that you probably have questions.
Moving on Up, Plus Changes to the Portfolio
Posted on May 1, 2015 | Stock Superstars Report
The May SSR Monthly Report is now available at the SSR website. There are 2 new portfolio deletions and 2 new portfolio additions to announce.
Diversification Pays Off
Posted on April 24, 2015 | Stock Superstars Report
It can perhaps get tiring to hear about the importance of proper diversification, but earnings season reemphasizes its importance. While the SSR portfolio posted a nice gain this week, handily beating its benchmark, there were a couple of bumps in the road, so to speak.
Breaking Up Is Hard to Do
Posted on April 17, 2015 | Stock Superstars Report
Hedge fund Jana Partners, which has a reputation for being an activist shareholder, recently urged Qualcomm (Group 4: QCOM) to split into two companies in a letter to Qualcomm’s shareholders and board of directors. Hedge funds recommend this kind of action when they believe that the pieces of the company are worth more than the whole.
Jumping Merger Activity Snags SSR Holding
Posted on April 10, 2015 | Stock Superstars Report
Mergers and acquisitions (M&A), which are up 25% year over year, grabbed the headlines again this week as several large deals were announced.Seven years removed from the financial crisis, the aftereffects have mostly faded and companies have regained the confidence to make acquisitions
Springing into the Second Quarter
Posted on April 3, 2015 | Stock Superstars Report
The first quarter came to a quiet close this week as quarterly earnings trickled in from a small group of early reporters. The first SSR holding to release earnings was Micron Technology (Group 4: MU), which reported earnings on Wednesday.
A Quiet but Eventful Week
Posted on March 27, 2015 | Stock Superstars Report
This week was a quiet one in the markets, which is not that unusual given that we are nearing the end of a calendar quarter. In fact, two of the lowest-volume days of 2015 occurred this week. The markets are in wait-and-see mode now that the Federal Reserve has removed the word “patient” from its guidance about when it may alter monetary policy.
The Fed Giveth
Posted on March 20, 2015 | Stock Superstars Report
This week was dominated by the actions and words of the Federal Reserve Open Market Committee. The committee removed the word “patient” in describing how it would raise interest rates going forward. Essentially, while interest rates may be increased, the change will be a symbolic step opening the door to future interest rate hikes.
A Little Help From our Friends
Posted on March 13, 2015 | Stock Superstars Report
Though we select stocks for the SSR portfolio based on their individual traits, we realize that industry trends can influence how a stock trades. We see the influence of industry trends on the stocks that pass our screens, both positive and negative.
The Only Constant is Change
Posted on March 6, 2015 | Stock Superstars Report
As we enter March, we celebrate this aged bull market, which is now six years old. The bull market has left its mark on the SSR portfolio; the portfolio is wealthier for it, but higher valuations have changed the types of companies that pass its screens.