Each week I track which stocks are moving in and out of the top 25 Magic Formula Stocks for companies with a minimum market cap of 50 and 2000 billion. Here are the moves for the week ended 12-8-08:
Top 25/50 Million:
In:
DivX, Inc (DIVX)
EarthLink, Inc (ELNK)
Graham Corporation (GHM)
Herbalife, Ltd. (HLF)
MEMC Electronic Materials, Inc. (WFR)
Maxygen, Inc (MAXY)
Sucampo [...]
The US employment report out Friday was simply awful. Not only did payroll employment fall by 533,000 in November, but we lost far more jobs than we thought in both October (revised to -320,000 from -240,000) and September (-403,000 vs. -284,000 estimate before).
In other words we have lost over 1.25 million jobs ...
Take what you’ve heard about the effects of a Barack Obama U.S. Presidency… and throw it away. The defense contractors are in the best spot that I have seen them in years, yet still-cautious investors are making all the wrong moves. The recent turmoil in the sector has led to some unbelievable ...
Take what you’ve heard about the effects of a Barack Obama U.S. Presidency… and throw it away. The defense contractors are in the best spot that I have seen them in years, yet still-cautious investors are making all the wrong moves. The recent turmoil in the sector has led to some unbelievable valuations in the face of a global arms race, a continued surge in national security spending and regional conflicts that should continue to form opportunities for all of the major defense names. Looking at a Year-to-Date comparison between the S&P 500 Index and the SPADE Defense Index yields a difference of about 6%, in favor of the S&P. Why? Investors have historically flocked to the defense names because of their steady and[More...]