SHU Portfolio: JD.Com, Finisar And Nutanix
We’re starting a concentrated portfolio ultimately containing some 10-12 names while keeping plenty of cash as a hedge. The first candidate is JD.com, a quality name which has sold off […]
Paylocity Is Still Attractive Longer Term
Ever since Salesforce showed that there is a large demand for offering business software on cloud platforms, SaaS companies like Paylocity have sprouted. Paylocity is growing solidly at 20%+ rates […]
Why Business Investment Isn’t Booming
The best way to grow the economy, and thereby top line growth and increase competitiveness is to stimulate business investment. Business investment has been sub-par for a while, despite record […]
Why An Investment In Destiny Media Can Still Pay Off
The shares have fallen back to the levels where we advised a buy in early January. A conflict with the former CEO is the likely cause. The underlying economics haven’t […]
It’s The Economy, Stupid!
Globalization and other forces of structural change do not necessarily have to ravage economies. An interesting example is that of the German Mittelstand small and medium sized industrial companies which […]
Lam Research Can Run Higher
Despite an impressive rally in its shares, Lam Research still has several important tailwinds behind it. Valuation is high from a cyclical point of view, but the company is cheaper […]
Could Inflation Yet Take Off?
Central bankers don’t have a good grasp on inflation, or better, the lack of it. While not as dramatic as then, but some warned in 2010 that QE would be […]
Eaton Thrives On Dividends And Buybacks
World industrial production is experiencing a synchronized upturn at the moment. In principle, this should make shares of Eaton attractive. But the shares have already rebounded some 10% after the […]
Is The Market Held At 1929 Valuations By The Prospect Of Tax Cuts?
According to Nobel laureate Robert Shiller, the market is at least in part held at 1929 valuations by the prospects of significant tax cuts. If Shiller is right, this is […]
Back To Basics At Zayo
The company had to absorb some 40 acquisitions which might have distracted a bit from keeping some customers happy. But management is onto the problem with a sales and marketing […]