Having added IAG Plc (IAG_L) to the GrowthRater portfolio in those dark days post the Brexit vote I am now closing the position and taking my gains. With an entry price of 359p and exit price of 476p, that represents a gain of approx +33% over the six months. Over the same period the FT […]
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Don’t you just love it? Every month the financial community analyses the eagerly awaited US non-farm payroll numbers and impresses us all with their reading of the state of the economy and the next potential move in interest rates and therefore life as we know it. Of course for particularly sophisticated algo funds all this […]
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I am adding 3 stocks this morningto the GrowthRater model portfolio Apple, Inc (aapl) at $121.4 per share PayPal, Inc (pypl) at $39.8 per share Paddy Power Betfair (ppb_l) at 8,380p per share Apple, inc (aapl): Added at $121.4 (close) PayPal, inc (pypl): Added at $39.8 (close) Paddy PowerBetfair Plc (ppb_l): Added […]
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It’s good to see Alphabet (Google) take the accounting high ground and finally concede what should be obvious; that stock compensation is a “real cost of running our business” and henceforth will be expensed as such within its ‘adjusted’ earnings analysis. As such, the group is bringing its ‘adjusted’ earnings in line with those already […]
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Marks & Spencer: getting closer to delivering the growth being priced into the stock, with speculative bid/mgt recovery thrown in for free! I added this stock it to my portfolio last summer and the stabilisation in revenues, particularly in Clothing & Home in Thursday’s (12 Jan 2017) Q3 sales IMS continues to support that decision. […]
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+144k net private sector job additions in December may a little below the trend, but with the previous two months revised up by +53k, this is probably where most of the headlines will stop, although Fed diehards may also point to the further rise in average hourly wages to a ten year high of +2.9% […]
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Reading the notes to company releases is always wise, even if it can seem numbingly dull as you wade through the IR padding and still can’t find what you want. Sometimes however you stumble across something buried deep in the notes that stops you in your tracks with one of those ‘WTF’ moments. One such […]
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To pay for the Christmas presents, I’ll be closing a couple of long positions in the GrowthRater portfolio when markets open. One because it has done what I had hoped for and more (FedEx) and the other because it is increasing looking like dead money, or worse, in the face of deterioration in its markets […]
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