The Great Shift of 2009
Jul 10th, 2009 | By Ian Mathias | Category: Stock Market InvestingEvery once in a while, we stumble upon a chart or table that says it all…
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Every once in a while, we stumble upon a chart or table that says it all…
Nike (NYSE:NKE) revealed its latest quarterly efforts. Not bad, but the future is not as bright as many had hoped. It is not a good sign for Under Armour (NYSE:UA) investors.
Yesterday(1/13), Under Armour (NYSE: UA) fell 16%. It’s dropped almost 30% over the past month. Today’s (1/14) price of $18.25 getting close to the 52-week low of $16.05 it reached in November. And to add insult to (sports?) injury, original investors in the athletic wear company will note it’s well below what they paid in the 2005 IPO.
Investors are human. They make mistakes. That is why hedging is so important, says Alexander Green. He says there are plenty of stock bargains out there right now, but most people are too scared to enter the market. Alex recommends using trailing stops to limit downside risk on these 13 cash-rich companies.
Oil Prices Slide on Demand Drop; Home Prices and Sales Fall in August; Nike Adjusted Earnings Up 10%; GM to Sell Strasbourg Plant; Digg’s New Dough; Ad Sales Slump; Yahoo’s New Ad Platform; Daimler Trying to Unload Chrysler
Andrew Snyder says investors need to look beyond the chaos on Wall Street if they want to profit in this crisis. Strong and established firms have been dragged down by the toxic banking sector and are now selling at bargain prices. The share buybacks of Microsoft (NASDAQ:MSFT), Altria (NYSE:MO) and Nike (NYSE:NKE) this week show they are undervalued. They also generate income through solid dividend payments.
When times are hard consumers cut back on luxury items. But they don’t cut back on beer.
On Sunday Anheuser-Busch (BUD) accepted a $49.9 billion takeover bid from Belgian-based InBev (INB). This consolidation in the market has sent brewery stocks rallying while US benchmark indexes tumble.
If the takeover goes through, Ian Davis in The Growth Stock Wire says InBev will be the undisputed leader in the global market. This is not only a safe option during an economic downturn, but it’s also a great way of investing in emerging markets…
New Home Sales Plummet; Mexico Staves off U.S. Slowdown; Monsanto Reaps Big Rewards; MasterCard Pays AmEx $1.8 Billion; Buffett Concerned About Stagflation; Reduced Damages for Exxon; Nike Strong in Asia; More Cuts for Penney’s.