In today’s volatile and often downwards market, investors are looking for stocks that are defensive, that will hold their own at the beginning of a down market until they can be sold off. However, if the market goes up these stocks will also go up. David Hefty, CEO of Hefty Wealth Partners, commented on the… Continue Reading
Banco Latinoamericano de Comercio Exterior, S.A (BLX) supplies international trade financing to companies and commercial banks in Latin America. The bank operates in a conservative way which is good for the company’s stability. As Forbes Magazine reported, “From a risk perspective, BLX is a very conservatively financed bank, with a Tier One ratio in excess… Continue Reading
Alcoa Inc. (AA) will be reporting third quarter results on Tuesday night. Analysts have reduced estimates from 37 cents per share (July) to 23 cents per share. According to John Stephenson of First Asset Management Inc. in Canada, “It’s hard to be bullish on a company that provides a product that’s so linked to the… Continue Reading
Transcendent Investment Management works in 15 markets across the United States, using efficient, data-driven research processes to select, purchase, renovate and then rent out or resell properties. With their buying and selling approach, they are able to capitalize on short term value anomalies and buy to rent. This allows for both stable cash flow and… Continue Reading
STAAR Surgical Company (STAA) is a medical supply company specializing in ophthalmologic equipment. The company has been operating for 25 years and specializing in implantable lenses for the use in cataract surgery “IOL” and implantable lenses used for refractive surgery “ICL.” Starr has manufacturing plants in California (2 plants), Switzerland and Japan and markets in… Continue Reading
An interesting pattern occurred with PriceSmart Inc. (PSMT) between August 12th and today. Between August 11th and Aurgust 22 there were a number of articles in leading financial websites, extolling the real financial virtues of PriceSmart. Indeed, in March the stock was selling at $33 and by August 18 it was up to $52.60. It… Continue Reading
And there is Peter Schiff. He seems to have been right on: Continue Reading
The recession is definitely here according to Lakshman Achutham, the co-founder of Economic Cycle Research Institute (ECRI). The ECRI exists to predict economic recessions and recoveries and prides itself that it has never given a “false alarm” that a recession is coming. The ECRI operates by studying 12 “leading economic indicators” which show where the… Continue Reading
Unilever NV (UN) produces and sells consumer goods throughout the world. It markets personal care, home care and food products. The company was started in 1927 and has a long history of producing dependable, reasonable quality products. Also, because the products are everyday staples as opposed to luxury items, these products remain in family budgets… Continue Reading
Dollar Tree Inc. (DLTR), is just what the doctor ordered for an ailing economy. Most people are cutting their budgets and Dollar tree is helping them. The company operates 4,176 variety discount stores in the United States and Canada. The chain offers everyday goods such as beauty care, health, food, and candy, plastic and paper… Continue Reading