March 06, 2013 –
|
RELATED TICKERS: JCP
Call me a contrarian but I think JCPenney (JCP) at $14.50 is way overdone. The company is struggling but its being priced over the last week like it is going out of business. I know Ron Johnson has underperformed but no one said it would get better overnight. The sad truth is if they fired him, the stock would probably jump much in the way Groupon traded higher after their CEO left recently. Also at some point shorts will probably cover some of their positions seeing how it has already crated from $23 to the mid teens in the blink of an eye. I am not a huge fan of technical analysis but even a dead cat bounce to $16 seems very possible. [more]
February 26, 2013 –
|
RELATED TICKERS: V
I love that Visa is partnering with Samsung for mobile payment technology. [more]
February 15, 2013 –
|
RELATED TICKERS: COH
, COP
, SIRI
For 2012, I picked five stocks that I felt offered good risk reward profiles. They were V, STX, WPRT, BDX, and SODA. All were up for the year except WPRT, and their combined return beat out the S&P 500 by a few percentage points. [more]
November 13, 2012 –
Just got done reviewing open enrollment info on my latest health insurance premiums at work for 2013. 20% increase expected for the HMO option I have used the last several years. I went back and figured in the 5 years with my employer, I have earned an average of 6% salary increases while my average yearly increase in health insurance costs over this 5 year period is 138.17%. 2008 and 2009 were particularly bad and skews the average up with a 416.67% increase and 225.81% increase respectively, but hey when that paycheck is cut, every dollar still counts! The most current two years of increases (2012) 25.51% and (2013) 20.33% seem tame in comparison. However, it still burns me that my health insurance cost is growing over 3 times the rate of my wages. If that trend continues in 10 years my health insurance will grow from 5.69% of my salary to 17.38% of my salary assuming I can still get 6% increases each year (which is no guarantee). This also assumes I will still have individual coverage which is very unlikely since I am 29 years old and that I don't get laid off which could happen too. I feel bad for married people with children have even less disposible income to provide and are facing the same reality. This is crazy! [more]
RSS Headlines
Fool UK