Research Articles
Prof. Schiller and CAPE, Maybe Correct Generally, But Specifically Wrong: The Market is Currently Cheap
2011-10-12
Introduction Many well-known stock market pundits to include the likes of Henry Blodgett point to Professor Robert Shiller’s cyclically adjusted PE ratio or CAPE to make a case that the stock market (S&P 500) is overvalued. According to Prof. Shiller, the long-term average PE ratio (CAPE adjusted) for the S&P 500 is approximately 16. And […]
The Legacy of Steve Jobs and the Record of Apple will Live On
2011-10-06
The world at large, as well as the worlds of business and technology lost a great iconic leader yesterday. In addition to his obvious and widely renowned accomplishments, I believe that Steve Jobs was also a great teacher. Steve Jobs didn’t teach by lecture, instead he taught by his actions. Yesterday marked the second time […]
Warren Buffett Said Ignore Political and Economic Forecasts
2011-08-10
There’s certainly no shortage of pundits, prognosticators and even self-proclaimed prophets ready and willing to bombard us with dire forecasts about our future. We get a day in the market like Monday, August 8, 2011, and “Chicken Little” shows up everywhere to include radio, television, newspapers, magazines and the Internet. Yet somehow, we survive it […]
Caterpillar Inc. (CAT) Piling Up Profits: Part 4 of 7
2011-08-01
Introducing Caterpillar Inc. (CAT) Caterpillar Inc. (CAT) is known and recognized worldwide for their construction equipment, farm machinery and heavy duty trucks. Like most industrial companies, their business can be very cyclical at times. However, the company is capable of generating strong profits when times are good. The following description is taken directly from their […]
Cummins Inc. (CMI) Staggering Three-Year Annualized Performance? (Part 2 of 7)
2011-07-28
Cummins Inc. (CMI) is best known as a manufacturer of some of the world’s best diesel engines. Founded in Columbus, Indiana in 1919; as the Cummins Engine Company they built their reputation on the economy, power, reliability and durability of their engines. The following description is taken directly from their website: “Cummins Inc., a global […]
Is Dover Corp. (DOV) a Cyclical, Growth or Dividend Growth Stock?
2011-07-22
Dover Corp. (DOV) reported their earnings today. The following excerpt from their press release summarizes their excellent quarter. It was recently suggested that we prepare an article on Dover Corp. (DOV), and therefore, felt it was appropriate to prepare this review on earnings day. Dover is a company that has been on our focus list […]