Earnings season does not really begin in earnest until NEXT week but the first wave is hitting this week. I believe this quarter will be one of "pulled guidance" (we have no visibility) and lots of complaints about the stronger dollar hurting the multinationals. Bulls will keep saying "yes but that's the past, you have to buy in anticipation of the coming recovery". Bears will snort. So we begin.... Here are some of the names I am watching both for company specific comments and greater macro economic views. I don't have time to break it out like this every week since so many more companies begin reporting each week, but here is an example of what I look at each week of earnings season as I assimilate as much info as possible ;) Monday: Fund position<span[More...]
This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
"Apollo Group (NASDAQ: APOL), my top pick for 2009, has been an education provider for over 30 years," says Kevin Kennedy, a specialist in quantitative and momentum analysis.
The editor of The Coolcat Report explains, "The company's revenues and earnings have been steady despite the negative economy."
The advisor continues, "Apollo Group provides academic access and opportunity to more than 350,000 students through its subsidiaries, which include University of Phoenix.
"Other divisions include the Institute for Professional Development, College for Financial Planning, Western International University, Meritus University, Insight Schools and Apollo Global. It also owns Aptimus, a provider of innovative digital media solutions.
"The company's educational programs and services are provided at the high school, undergraduate and graduate levels in 40 states and the District of Columbia; Puerto Rico; Alberta and British Columbia, Canada; Mexico; Chile; and the Netherlands, as well as online throughout the world.
FAP818: Financial aid makes tuition go up, Free Stuff Friday
Listen now:
Student Financial Aid News
+ Chronicle: The nation’s largest student-loan company, Sallie Mae (ticker: SLM), reported on Thursday that investors had quickly bought up $2.5-billion worth of its debt. The sale was “significantly oversubscribed,” the company said in a written statement.
+ And the nation’s largest [...]