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 $.43. Gross margins exceeded expectations at 67.2% versus 64%e. We are encouraged by management’s increase in guidance for the 3rd quarter despite the fact that inventories grew 12% quarter to quarter. Company will benefit from the following areas: 1. Rebound in IT […]
2nd Quarter and Year-to-Date Performance
Since the beginning of the year we have been talking about having a bumpy stock market this year. Year to date, the S&P 500 is down 7.6% In the second quarter, we hit a pretty hard bump with the S&P 500 down 11.9%. The combination of health care reform, Greece (and the other PIIGS countries) […]
Media Appearance
For all of you across the country, Catherine Avery of CAIM, LLC will be featured tomorrow, July 1st, on the 5:30 pm and 7:30 pm newscasts on News 12 CT, Channel 12, 12 on the Money. Tune in to hear more about Baby Boomers and Investing!
Where’s the Faith?
It’s not in the equity markets, that’s for sure. Yesterday’s lack of confidence drove the 10 year bond yields to 2.96%. It’s hard to believe that anyone would lend the debt laden government money for that price. 22 names in our portfolio yield 3% or higher. All of these companies are high cash flow generators […]
Gaining More Confidence on the Economy
In an April blog, we talked about how we liked the industrial stocks, and in particular, Illinois Tool Works (ITW). Yesterday, management came out with some positive comments for their May results. They are guiding the low end of street estimates upward ($.74 to $.80) for the 2nd quarter. There have been some doubters out […]
Finances & Blended Families
This week CAIM presents a report entitled: “Baby Boomer Investing 101.” This report highlights critical investment strategies for America’s largest and most prosperous generation – Baby Boomers. In today’s turbulent economy Boomers really need to start thinking about their long-term financial situations. Have a great weekend! Warm regards, Catherine Maniscalco Avery CAIM specializes in creating […]
Missed Opportunity in the Equity Markets?
Not according to Jeremy Siegel. Professor Siegel spoke to financial advisers at Pershing LLC’s national conference in Florida and delivered the following message: “The S&P 500, now at just under 1,100, would have to rise to 1,500 – a roughly 35% increase – to return to its long-term trend line going back to 1935. From […]
Picking the “Best” Dividend Paying Stocks
Even in this volatile market, we believe dividend stocks are a far better option than government bonds, which have very little option to keep inflation at bay. Even during the onset of recession, as many as 300 of the 500 companies listed in the S&P 500 raised their dividend payouts. One important investing criteria when […]
