Goldman Sachs just reported its second quarter results this morning. The company earns $4.58 EPS which beats the concensus estimates of $3.42 by $1.16. In this volatile market and bad economy, Goldman Sachs still managed to have a strong quarter. With its wise investment strategies, Goldman Sachs is able to survive and thrive in this [...]
Posts Tagged ‘volatile’
Goldman Sachs $4.58 EPS Beats Estimates of $3.42
Posted in Earnings, tagged diversification, Earnings, goldman sachs, investment banks, managment, morgan stanley, volatile, writedowns on June 17, 2008 | Leave a Comment »
Companies That May Turn Around
Posted in Stock Picks, tagged amd, china, coach, emc, etrade, flagship store, growth, hong kong, loss, microsoft, mortgages, overvalued, retail, sell, subprime, traffic, turnaround, virtualization, vmware, volatile on January 24, 2008 | 2 Comments »
COH – Coach Inc.
In the early morning press release, Coach said that it is going to open the first Hong Kong global flagship store in summer 2008, in the Lan Kwai Fong area located near Central (Link). This is very good news considering Hong Kong is the shopper’s heaven.
Bank of America Is Close to Buying Countrywide
Posted in General, tagged bank of america, bankrupt, countrywide, takeover, volatile on January 10, 2008 | Leave a Comment »
IMO, this news is really unexpected. CFC is losing money in every quarter and is close to going bankrupt. Out of the blue, Bank of America, the 2nd largest US bank, is buying Countrywide Financial Corp. Congrats to those who bought this just before 2:30 PM. Be sure to take some profits, and just be careful because [...]
Shaky Market
Posted in General, tagged 2008, crocs, drop, netsuite, overvalued, uncertainty, vmware, volatile on January 8, 2008 | Leave a Comment »
Happy New Year!
It looks like that overall the stock market is not in a good condition. Beginning the year 2008, many stocks are at their multi-year lows. Stocks that are deemed “overvalued” are dropping hard. Such examples include VMW, CROX, N. Don’t get me wrong, I think VMware and Crocs are great companies, but the current [...]
Yahoo!
Posted in Portfolio, tagged google, online advertising, search engine, volatile, yahoo on December 19, 2007 | Leave a Comment »
Bought 1000 YHOO shares @ 23.39 USD
I bought Yahoo because of the following reasons:
It is near the lows of the past 3 years.
It is the 2nd largest search engine in the world.
Online advertising is still a major trend in the Web industry.
It is not as volatile as other stocks like Google.