Company Review – MGM Mirage
Company Profile: MGM MIRAGE (MGM): MGM MIRAGE is a gaming company, which through its wholly owned subsidiaries owns and operates casino resorts, which includes gaming, hotel, dining, entertainment, retail and other resort amenities. The Company owns and operates casino resorts in Las Vegas, Nevada. The Company owns three resorts in Primm, Nevada, as well as […]
Company Review – Costco Wholesale Corporation
Company Profile: Costco Wholesale Corporation (COST) Costco Wholesale Corporation (Costco) operates membership warehouses that offer a selection of nationally branded and private-label products in a range of merchandise categories in self-service warehouse facilities. The Company buys the majority of its merchandise directly from manufacturers and routes it to a cross-docking consolidation point (depot) or directly […]
The Market This Week
The markets rallied this week, reaching new yearly highs for the overall market, and record highs for the Dow. The rally was fueled by positive economic data that has been released this week and last week as well. The hope of a “Goldilocks” economy is becoming harder to disprove as both market conditions and economic […]
Review of Defensive High ROIC Portfolio
This portfolio is made up of the 15 defensive stocks that are trading at the highest Return On Investment Capital (ROIC). The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list. Every week we examine the portfolio’s performance against the S&P […]
Review of Defensive Low PE Portfolio
This portfolio is made up of the 15 defensive stocks that are trading at the lowest PE Ratio. The first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list. Every week we will examine the portfolio’s performance against the S&P 500 and […]
Review of Defensive Value Portfolio
This portfolio is made up of the 15 defensive stocks that are trading at the greatest discount to their intrinsic value. During the first week of each month we will review the list, and make any trades necessary to get the portfolio to match the list. Each week we will examine the portfolio’s performance against […]
Company Review – Lonestar Steakhouse
Company Profile: Lone Star Steakhouse & Saloon, Inc. (STAR) Lone Star Steakhouse & Saloon, Inc. owns and operates two mid-priced full service, casual dining restaurant concepts under the names, Lone Star Steakhouse & Saloon (Lone Star) and Texas Land & Cattle Steak House, in the United States. In addition, the Company operates restaurants in the […]
Company Review – McGraw Hill Companies
McGraw Hill Companies As always our valuation follows Warren Buffett’s approach for the business review, and Benjamin Graham’s method for equity valuation. Please note our methods are clearly described on our website. Business and Management Review 1) Is the business simple and understandable? The McGraw-Hill Companies, Inc. is an information services provider serving the financial […]
Company Review – Pogo Producing Company
Profile: Pogo Producing Company (PPP) Pogo Producing Company is engaged in oil and gas exploration, development, acquisition and production activities in North America, both onshore in Canada and the states of New Mexico, Texas, Louisiana, Wyoming and Indiana, and offshore in the Gulf of Mexico (primarily in federal waters offshore Louisiana and Texas). The Company […]
Christmas Reflections
We would like to wish you all a Merry Christmas and a Happy Holiday to all who celebrate differently. Here are some thoughts to reflect upon this year: Around this time of year I often find myself turning my eyes towards the sky – the stars come out so early that it is […]