Apple shares are approaching their split-adjusted all-time high. Is now the time to bite into Apple’s stock?
Pfizer shares are down nearly 9% in the past 3 months and severely lagging the broader market. Watch the video to find out if The Oxford Club’s Marc Lichtenfeld and Carter Worth of Sterne Agee think this stock is going to recover anytime soon.
McDonald’s global sales are rising, but fast-food rivals like Burger King Worldwide and Wendy’s are eating its lunch right here at home. Are shares in the fast-food giant a bargain right now? Watch The Oxford Club’s Marc Lichtenfeld and Ari Wald, head of technical analysis at Oppenheimer, discuss the fundamentals.
Netflix is priced for perfection – and Marc Lichtenfeld doesn’t like that. The valuation is ridiculous, currently trading at 102 times its estimated 2014 earnings and 61 times its estimated 2015 earnings. Watch the discussion for the full analysis.
Micron Technology (NASDAQ:MU) is on the right side of the supply/demand equation. The demand for DRAM is very strong right now. It’s expected to grow about 20 to 30 percent this year and supply is constrained. So, Micron has a lot of pricing power and visibility into the future.
Shares of Domino’s dropped more than 3 percent Thursday, despite reporting earnings on par with street expectations, and better than expected revenues. Still, the stock is up 37 percent over the past year, so should you add a slice of Domino’s to your portfolio? Marc Lichtenfeld doesn’t think so, and he has two reasons why you shouldn’t invest in Domino’s: rising commodity prices and the stock is expensive.
Shares of the second-largest airline fell almost 10 percent Thursday after reporting mixed earnings results. United reported a loss of $609 million, widening from $417 million a year earlier, and said canceled flights because of severe winter storms alone cut $200 million from the quarter’s bottom line. Marc Lichtenfeld believes the results in the first quarter were absolutely terrible. They lost a ton of money even when you take out the weather-related issues. In fact, every important metric was down.
Bank of America reported a loss of 5 cents per share in its first quarter earnings report, as its results were weighed down by $6 billion in litigation expenses.
This charge, hardly the first Bank of America has taken on mortgage-related legal issues, is a perfect example of why investors should stay away from the stock, according to Marc Lichtenfeld of the Oxford Club.
“I would not touch this stock right here,” Lichtenfeld said. “Bank of America has a very complex business model. You’ve got hands and arms and tentacles reaching in every different direction. You also have regulators and lawyers breathing down the companies neck. And they have these – every quarter – one-time litigation expenses.
BlackBerry may consider exiting the handsets business.
Early Thursday morning, BlackBerry CEO John Chen was reported to have said in an interview with Reuters, “If I cannot make money on handsets, I will not be in the handset business.” Later on the in the day, he said that quote was taken out of context.
BlackBerry is more than just handsets, however. Under Chen, the company has been broken up into four segments: devices such as its handsets, enterprise services, messaging (the BBM platform) and QNX (BlackBerry’s operating system for embedded systems).
Are BlackBerrys about to go extinct forever?
MasterCard may have disappointed Wall Street with its quarterly earnings but two strategists say the stock is a buy at its current levels.
According to MasterCard’s earnings data released Friday, the company’s revenues grew 12% in the fourth-quarter of 2013 to $2.14 billion from the $1.9 billion in 2012. Its bottom line of $623 million was 3% higher than last year. However, that was a letdown for Wall Street; while adjusted earnings were $0.57 per share, $0.60 was the expected number.
Watch to video to find out why Marc thinks MasterCard is still a buy.