The Peridot CapitalistThe Peridot CapitalistA stock market and investing blog written by Chad Brand, President of Peridot Capital Management Articles
Moody's Does What to their RadioShack Credit Rating?
2007-03-12 20:25:00 NEW YORK (AP) -- Moody's Investor Services downgraded Radio Shack Corp.'s long-term senior unsecured rating and short-term commercial paper Monday on lackluster sales and operations. The ratings agency lowered the electronics retailer's senior unsecured rating to Ba1 from Baa3. The move... More About: Credit , Hack , What , Hat
Debt Management Blog (Sponsored Post)
2007-03-09 20:55:00 This post is the second I have done through ReviewMe, a service that allows web site owners to promote their sites by requesting reviews on other sites. Dozens of sites have been extremely helpful by promoting my blog, so I... More About: Debt Management , Management , Men , Post , Blog
Most Financials Dragged Down with Sub-Prime Lenders
2007-03-08 05:49:01 Short term market movements are often the result of what I call "guilt by association" trading. Along with the dramatic decline in sub-prime mortgage lending stocks, there has been a huge drag on most financial services companies, even if there is little, if any, evidence that the meltdown in sub-prime is set to spill over into other areas.One of the main reasons the market has been weak lately is because of the underperformance in the financial services sector, which is the largest segment of the S&P 500 index. While mortgage lenders should be tanking ( given that they lent money to people who could only afford the temporarily low monthly payments for their new homes, and not the higher payments that would take effect when the variable rate mortgages adjusted), should every consumer finance company be getting thrown out with the bath water?Surely there will be some spillover, as there are always lenders with bad standard practices, but we've seen everything from cred... More About: Financial , With , Down , Most , Drag
Wall Street Journal Cover Story: One Year Later
2007-03-03 05:45:01 Many of you may recall that I was featured on the front page of the Wall Street Journal last year for a story discussing the investment merits of Internet search giant Google (GOOG). In fact, some of you may have even discovered this blog directly as a result of that article. At the time I was writing a lot about the company and fortunately some Wall Street reporters took notice.Whenever the article gets brought up to me, the most common question I get, perhaps quite predictably, is "Well, who was right?" Here we are one year since that article ran, so let's reflect on how things have taken shape for the stock since then and see exactly who was right.To summarize, the article was called "As Google Matures, Investors Take Closer Look at Its Risks." In addition to myself, the other investor interviewed for the story was David Gordon, who also happens to be an avid stock market blogger (The Deipnosophist). Both of us were early investors in Google, but I decided to... More About: Story
Comments on Tuesday's 416 Point Drop
2007-03-01 11:43:01 I know, I know... I write a stock market blog and have gone more than 24 hours without mentioning the fact that we got a 400 point drop in the Dow in a single day. Since I'm a long term investor and not a trader, the events of this week really aren't all that important to me. I really didn't do much of anything on Tuesday other than just sit back and watch the television screen after it became apparent that something was happening that we don't see every day. So, why haven't I been very active in the market this week, and what do I think about the whole thing? First, while four hundred points sounds like a lot, in the whole grand scheme of things, it isn't. From peak to trough, intra-day, we saw a 5% drop in the S&P 500 over three trading days, which is pretty substantial, I admit. However, if you use closing prices it was less than that, and if you include Wednesday's snap back rally, it was even less than that. Currently, the S&P 500 sits 3.7% below the highs it ma... More About: Men , Comments , Comment , Point
Dow's 400 Point Drop Aside, RadioShack's Turnaround is Solidly in Place
2007-02-28 17:41:01 Despite Tuesday's dramatic 416 point drop in the Dow Jones Industrial Average, you may have noticed one stock that managed to gain 12% for the day. That stock was Radio Shack (RSH), the electronics retailer that I highlighted earlier this month... More About: Naro , Hack , Aside , Dios
The Power of Multiple Expansion
2007-02-28 05:40:02 Stock prices go up for one of two reasons; earnings growth or multiple expansion. If you really want to hit the jackpot with your investments, try and find stocks that can give you both. The combination of the two, as... More About: Power , Multi , Sion , Expansion
Microsoft's Stock Drop After Vista Release Was Very Predictable
2007-02-26 17:38:01 Investors may have heard at one point or another that by the time news hits the papers, it's too late to make money in the stock based on those events. Too often someone reads about a positive development for a... More About: Microsoft , Vista , Stock , Tabl , Release
TXU Buyout Offer Caps Great Run for Select List Followers
2007-02-25 05:36:01 Shares of Texas-based electric utility TXU (TXU) soared about 20% late Friday on word from CNBC's David Faber that the company is close to being acquired in what will be the largest leveraged buyout in United States corporate history. TXU... More About: Great , List , Selec , Lower , Lowe
Busted Dot-com Ideas Breathe New Life
2007-02-23 17:34:02 If you remember the dot-com bust pretty well you may recall a company called AllAdvantage. Back in the 1990's this Internet start-up was one of the first to recognize that online advertising really was the wave of the future. AllAdvantage... More About: Ideas , Life , The N , Idea , Bust
Wall Street Likely to Yawn Despite Another Blowout Quarter for Chesapeake E
2007-02-23 17:34:02 The hardest thing for value investors oftentimes is to stand by one's convictions, even when Wall Street doesn't seem to take notice of what you see. Shares of natural gas producer Chesapeake Energy (CHK) have been doing nothing for more... More About: Other , Arte
Is Halliburton's Discount Warranted?
2007-02-15 05:27:02 As energy investors are aware, shares of Halliburton (HAL) have been trading near historically low valuations for much of the recent past. I have largely dismissed the discount as being merely a consequence of having a huge amount of U.S.... More About: War , Rant , Burt , Alli
Don't Expect Express Scripts to Bow Out of Caremark Bidding
2007-02-14 05:26:01 Pharmacy chain CVS (CVS) has increased its bid for Care mark (CMX) by $4 per share in an attempt to secure the pharmacy benefits manager. Rather than simply raise the per-share amount of its merger offer, CVS has chosen the unconventional... More About: Press , Scripts , Script , Expect
Why I Don't Think the Fortress IPO Signals a Top in Hedge Funds
2007-02-10 17:24:02 Many people will likely point to today's IPO of Fortress Investment Group (FIG) as evidence that we are nearing a top in the hedge fund and private equity bull market. While I have no opinion on the investment merits of... More About: Fun , Think , Sign , Fund , Edge
Altria to Spin Off Kraft... Shocking!
2007-02-09 05:23:01 It's amazing how many people have been quoted saying the Altri a (MO) spin-off of its 89% ownership of Kraft Foods (KFT) will send the shares of MO to between $100 and $110 each. If we've known about the spin-off forever... More About: Shock , Altria , King , Tria
Kodak Sets Out to Change Printing Landscape
2007-02-08 05:22:02 Eastman Kodak (EK) stock has been a value trap for years as increased sales of low margin digital photo products have struggled to make up the cash flow lost from declining traditional film sales. The next step in Kodak's digital... More About: Landscape , Change , Sets , Print
Is RadioShack the Next Kmart?
2007-02-08 05:22:02 Ask the average person on the street to compare Radio Shack (RSH) to Kmart and you will likely hear a lot of similarities posed from people who have no investment background at all. Both retailers were a lot more popular with... More About: Hack , The N , Mart , Next
Can Dell's Founder Bring the PC Giant Back from the Dead?
2007-02-04 17:19:01 The news that founder Michael Dell is coming back to lead his company again is quite interesting. Normally, a CEO change alone wouldn't totally alter an investment thesis for a stock such as Dell (DELL), but in a commodity business... More About: Founder , Back , Ring , Dead
Bill Miller Writes About the End of "The Streak"
2007-02-04 17:19:01 If you have read about my investment philosophy on peridotcapital.com you will see that I refer to Bill Miller (manager of Legg Mason Value Trust) in comparing my value strategy to others that are more well known than myself. Miller... More About: Write , About
AMD, Intel Price War Revisited
2007-02-04 17:19:01 I wrote about the battle in the microprocessor market between Advanced Micro Devices (AMD) and market leader Intel (INTC) twice during 2006 (link: semiconductors category archive) and in light of the recently announced earnings miss at AMD, it seems like... More About: Site , Rice , War , Price
With AMD Reeling, Intel Shares Look Attractive
2007-02-04 17:19:01 Since I already shared my thoughts on Advanced Micro Devices (AMD), it seems logical to take a look at Intel (INTC) as well. I was pretty neutral on this stock but after thinking about it some more, I think large... More About: With , Share , Reel , Shares
Why A Negative Savings Rate Isn't All That Worrisome
2007-02-04 17:19:01 From the AP:Personal Saving s Rate for 2006 Drops to Negative 1 Percent, the Lowest Level in 74 Years The Commerce Department reported Thursday that the savings rate for all of 2006 was a negative 1 percent, meaning that not only... More About: Hat , That , Riso
Market Winning Streak Reaches 8 Months
2007-02-04 17:19:01 Readers of this blog know I have cautious on the market since the SP 500 broke through the 1,400 level, but stock prices have continued to rise (about 3 percent more, in fact). January marked the eighth straight month of... More About: Market , Reach , Mark , Winning , Months
Despite Strong Results, Amazon Shares Sink
More articles from this author:2007-02-04 17:19:01 If you are long Amazon .com (AMZN) shares you are probably pretty disappointed by today's price action in your stock. The online retailing giant reported a very strong fourth quarter last night and predicted first quarter sales above estimates. And for... More About: Results , Share , Shares , Tron 1, 2, 3, 4, 5 |
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