First of all, my apologies! Last week I published an article called, Still The Best Article Ever Written on Stock Picking by Charles Munger. Then, for some incomprehensible reason I decided to move the article. Don’t ask me why! Anyway, this lead to dozens of emails from people asking me for the … Read More
In Spite of The Recent Trend, There’s Lots More Growth To Come – IDT Corporation (IDT)
One of the best performing stocks in our All Investable Screener, which you can register for here, is IDT Corporation (NYSE:IDT). IDT Corporation, through its IDT Telecom division, provides telecommunications and payment services to individuals and businesses primarily through its flagship BOSS Revolution® and Net2Phone (NTOP)®brands. IDT Telecom’s wholesale business is … Read More
Undervalued Stocks | Argan, Inc. (NYSE:AGX)
Argan, Inc. is a holding company that conducts operations through its wholly-owned subsidiaries, GPS, APC, SMC and TRC. Through GPS and APC, Argan provides a full range of engineering, procurement, construction, commissioning, operations management, maintenance, development, technical and consulting services to the power generation and renewable energy markets for a wide range … Read More
What Does It Take To Be A Successful Contrarian Value Investor – John Rogers
(Image Credit, cnbc.com) John Rogers is a true contrarian value investor. In 1983, Rogers founded Ariel Investments headquartered in Chicago. Since its inception, Ariel Investments has grown from 2 to 88 employees with $10.7 billion in Assets Under Management (2015). In 2008, he was awarded Princeton University’s highest honor, the Woodrow … Read More
The Lehman Brothers $1.1 Billion Discrepancy, “Accounting Ingenuity” – David Einhorn
(Image Credit, forbes.com) David Einhorn is one of most famous hedge fund managers on the planet and a master of company analysis. He’s the founder and president of Greenlight Capital, a “long-short value-oriented hedge fund”, which he started in 1996 with $900,000. The fund now has $9.27 Billion in assets under … Read More
How to find undervalued businesses, and why you should ignore management – Robert Bruce
(Image Credit, management-ideas.com) One of the best value investor’s on the planet is Robert Bruce. Bruce graduated from Columbia Business School in 1970 and went to work on Wall Street as a securities analyst. Then he read about Walter Schloss in Forbes Magazine and it changed his life. He now runs … Read More
10 Top Value Investing Tweeters & Their Top Tweet (All Time)
(Image Credit, kotaku.com) Last week I compiled a list called (50 of the Best Value Investing Resources (plus a few more). It seemed to be quite popular with readers so today I’ve compiled a list of what I consider to be 10 of the Top Value Investing Tweeters and their top … Read More
Delta raises dividend and plans to complete $5 billion share repurchase $DAL
As Tobias recently tweeted about Delta Air Lines, Inc. (NYSE:DAL) The best performing stock in The Acquirers Multiple Large Cap Screener midweek is DAL Delta Air Lines Inc. up 5.4 percent to 43.86 The reason for the jump is the company’s latest announcement to analysts that it’s set to increase its … Read More
Johnny’s Real-Life Acquirers Multiple Portfolio – (Month 1 – Dec 2015)
Starting this month, I’ll be using my own savings to construct and track my own Acquirer’s Multiple Portfolio, here at the Acquirer’s Multiple. I’ll buy the top two stocks equally weighted each month, that I don’t already hold, from “The All Investable Stock Screener”, until I hold 24 stocks over 12 … Read More
Micron Technology, Inc. ($MU): Cheap and a Takeover Target
I love it when I get the chance to write about a high-profile stock, particularly when it’s owned by David Einhorn–one of the smartest guys around–and it’s dirt cheap. Poor old Micron Technology, Inc. ($MU). I’ve bought and sold it so many times over the last decade. It was a net net in … Read More
Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC): Strong, cash-rich balance sheet and a buyback
If you were anywhere near finance twitter or television this week you’re aware that the markets are having a tough run at the moment. I’m trying to contain my excitement. Down 6 percent is really nothing. It only looks frightening because the markets have been so subdued for so long. … Read More
Telecom Argentina S.A. ($TEO): Undervalued Telco with a Strong Balance Sheet
Telecom Argentina S.A. ($TEO) popped into the Large Cap 1000 screener this week at the top position. With a $3.5 billion market cap, virtually no net debt, and $653 million in operating earnings last year, the company trades on an acquirer’s multiple of just 5.3x. It yields 4 percent and … Read More
Mobile TeleSystems (NYSE:MBT): Cheap Russian telecom
Mobile TeleSystems (NYSE:MBT) has been beaten up over the last month (off 12.5 percent) and at $9.69 is now the sixth cheapest stock in the Large Cap 1000 Screener (it’s free if you register). With a $9.7 billion market cap and $4.4 billion in net debt, MBT doesn’t have the usual … Read More
Computer Task Group Inc. (NASDAQ:CTG): Simple, Cheap, and Buying Back Stock
With an acquirer’s multiple of 4.8, Computer Task Group Inc. (NASDAQ:CTG) is the sixth cheapest stock in the Small and Micro Cap Screener. It’s an information technology (IT) solutions and staffing services company in North America and Europe. It has 3,900 employees. The company implements electronic health records; assists in the start-up … Read More
Global Sources Ltd. (NASDAQ:GSOL) has cash, an activist, and buys back stock
Global Sources Ltd. (NASDAQ:GSOL) at $5.64 trades on a extremely discounted acquirer’s multiple of 4.2, making it the third cheapest stock in the All Investable Screener. It’s a Hong-Kong based business-to-business media company that facilitates trade from Greater China to the world, which likely goes some way to explaining the … Read More
Valero Energy Corporation (NYSE:VLO): Cheap, and buying back stock
Valero Energy Corporation (NYSE:VLO) is the cheapest stock in the Acquirer’s Multiple Large Cap 1000 screener. Like AGX, it’s another stock that I’ve been pitching for six months (here I am pitching it to Jeff Macke as a takeover target last year). While it’s up more than +22 percent since, it … Read More