International Business Machine 2Q 2010 Earnings
This is a company we want to own for the long term and are buyers on weakness in price. Stock is down based on disappointing revenue number. Overall earnings slightly beat consensus. We expect the revenue number to be mixed over this sluggish period of economic growth. We are encouraged by the following positives: 1. […]
Financial Aid: How To Get More
A Personal Note Since the beginning of 2010 we have been talking about facing a bumpy stock market this year. Year to date, the S&P 500 is down 7.6%. In the second quarter alone, we hit a pretty hard bump with the S&P 500 down 11.9%. The combination of health care reform, the debt […]
Intel’s 2nd Quarter
Intel’s (INTC) 2nd quarter came in at $.51, well above street estimate of $.43. Gross margins exceeded expectations at 67.2% versus 64%e. We are encouraged by management’s increase in guidance for the 3rd quarter despite the fact that inventories grew 12% quarter to quarter. Company will benefit from the following areas: 1. Rebound in IT […]
2nd Quarter and Year-to-Date Performance
Since the beginning of the year we have been talking about having a bumpy stock market this year. Year to date, the S&P 500 is down 7.6% In the second quarter, we hit a pretty hard bump with the S&P 500 down 11.9%. The combination of health care reform, Greece (and the other PIIGS countries) […]
Media Appearance
For all of you across the country, Catherine Avery of CAIM, LLC will be featured tomorrow, July 1st, on the 5:30 pm and 7:30 pm newscasts on News 12 CT, Channel 12, 12 on the Money. Tune in to hear more about Baby Boomers and Investing!