Top Headlines

Advanced Micro Devices, Inc. Has to Find Another Way to Grow

4h investorplace
Without a hint of hesitation, Advanced Micro Devices, Inc. (NASDAQ:AMD) was one of the top flyers of 2016. Producing a 300% annual return and leading the dynamic semiconductor market will do that for you. The question now is whether or not AMD stock has something left in the tank. (802-0)
AMD BIDU HPE MSFT NVDA

Options Writing Has Been Very Profitable For 2017!

56m seekingalpha
Greetings, all. As we enter into the final few weeks of 2017, I thought it would be opportune to summarize progress across the board. I will deal with my option writing this week. (184-0)
BABA CELG GE GEC GNE MELI

Broadcom eyes big changes for Qualcomm's patent practices

1h reuters
SAN FRANCISCO (Reuters) - As part of its $103 billion bid to buy Qualcomm Inc (QCOM.O), Broadcom Ltd (AVGO.O) has hinted that it would make big changes to Qualcomm’s patent licensing business, a major cash-cow for the company but a source of bitter conflict with regulators and key customers including Apple Inc (AAPL.O). (214-0)
AAPL AVGO BRCM QCOM

Why Qualcomm, Inc. Should Take Broadcom’s Next Offer

4h investorplace
Finally, some good news for Qualcomm, Inc. (NASDAQ:QCOM). After reaching a 52-week low in September, amid a battle with Apple Inc. (NASDAQ:AAPL) and concerns about the mobile space, the QCOM stock price has soared. Qualcomm stock has gained about 33% just since late October. (375-0)
BB BBRY INTC MU

Amazon.com, Inc. Stock Is No ‘Sure Thing’ — but Its Close

4h investorplace
In the capital markets, there is no such thing as a “sure thing”. The very nature of investing means that for someone to win, somebody else has to lose. The technical term is “zero-sum game”; I just call it common sense. However, if a unicorn investment did exist, its name would be Amazon.com, Inc. (NASDAQ:AMZN). Against its technology-centric peers, AMZN stock has the right mix of tangible and intangible attributes. (291-0)
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Stock Screens

Finds all companies with an activist investor filing in the last year  
Companies with Return on Invested Capital (ROIC) > 15%  
For investors desiring income over capital appreciation, companies that pay dividends regularly are a great way to generate a steady cash flow. As in any purchase, the goal is to get most value for your dollar, and with dividends, a key metric is dividend yield. The dividend yield is the annual dividend paid divided by the current share price. Higher yields are better. This stock screen finds all securities with a dividend yield greater than 4%.  
The Net Current Asset Value (NCAV) is a conservative valuation metric popularized by Benjamin Graham. To calculate it, simply subtract the total liabilities from a company’s current assets. To calculate NCAVPS (Net Current Asset Value Per Share), divide the NCAV by the number outstanding shares. This stock screener takes Ben Graham’s more conservative approach and uses ⅔ of the NCAV.  
This stock screen finds microcap companies with positive annual revenue.  
This is Benjamin Graham's Net Net Working Capital Screen  
Companies with negative enterprise value generally get this way because they have a lot of cash. (Cash is subtracted when calculating EV). There is some evidence that negative enterprise value companies outperform the market, so companies matching this screen might be undervalued.  
Finds companies where Price to Book Value < 1.0;  
The fundamental task in investing is finding mispricings in price v. quality. There are a lot of cheap companies in the market, but most of them are cheap for very good reasons. The trick is finding companies that are cheap but actually healthy. In 2000, Joseph Piotroski wrote a paper in which he described a mathematical model that turned data from financial reports into a simple 9-point score that described a company’s health. He showed that this score, combined with a valuation metric (he used Book-To-Market), could be used successfully to produce excess returns in an investing strategy. This stock screener finds all companies with a score greater than six (which we call “healthy enough”). In his work, he suggested taking a list like this and buying the cheapest of that list. Note that many people believe, incorrectly, that buying companies with the best score is the proper approach, but they end up overpaying for quality. Remember, the goal is to find mispricings in price and quality, not overpay for high quality.