Published: May 29, 2015
Buying an industry leader trading at trough valuation due to technology transition. Upside in the stock will be driven by a re-rate of its earnings multiple to a less steep discount relative to its tech sector peers, once its core business stabilizes and its growth initiatives start to take hold.
Published: March 06, 2014
I believe there are several catalysts which will allow long-term shareholders to realize value in the stock over the medium term. An improvement in product mix towards high margin software sales should lead to the bottom line outgrowing revenue. Additionally, the company will benefit in the futur...
Published: January 14, 2013
Dell is a dirt cheap, misunderstood company (not primarily a PC company, and not a fixed cost one at that), and there is a good chance Michael Dell will take it private.
Published: October 08, 2012
Beware of the nattering nabobs of negativity, whom collectively wring their hands, obfuscate with techno-babble, and proclaim that the Company is losing its competitive edge. Cisco's operating margins, which are north of 24%, and its return on invested capital, which is north of 40%, are both ind...
Published: August 10, 2012
Despite being among the leaders in its respective industry, HP’s trading multiple is at a steep discount to most technology companies. HP is trading at historical lows despite being significantly larger as measured by revenues
coupled with improved operating performance.
Published: August 10, 2012
Despite being among the leaders in its respective industry, HP’s trading multiple is at a steep discount to most technology companies. HP is trading at historical lows despite being significantly larger as measured by revenues
coupled with improved operating performance.
Published: July 20, 2012
Learning from one’s mistakes is a central principle of investing that many greats point towards as what has driven them toward success. Mistakes are inevitable; but they need not be repeated over and over again. In that vein, Zeke Ashton (Centaur Capital) put together an excellent self-critique o...
Published: June 26, 2012
Intel’s stock price does not reflect PC growth in emerging markets, cloud computing, and corporate spending on data-center infrastructure, including storage, networks and servers. Intel is rightly getting very little credit for their move in to mobile but this is also discounting any major move w...