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Tag Archives: Nokia

December 2004 Issue

In this month’s visit, we’ll take another step toward building certainty into our portfolios. I’ll show you a simple tool you can apply to test the safety of almost any stock or mutual fund you own. With this handy gauge, I’ve uncovered a trio of low-risk stocks that I project will make you 50% wealthier in the next 24–36 months.

August 2004 Issue

In this month’s visit, I’ll show you how to fatten your portfolio regardless of who wins. Hint: Both candidates will grapple with the same set of economic challenges in 2005, so you can make a tidy fortune if you understand what those are (and how they’re likely to be dealt with). We’re already preparing for the road ahead by pocketing profits of more than 90% on our small-cap stocks while shifting cash into bonds, high-yielding blue chip stocks and even a low-risk “hedge fund.”

NOKIA TAKES ANOTHER HIT

No matter how you slice or dice it, this morning’s earnings report from Nokia (NYSE: NOK) comes as a disappointment. It wasn’t so much the quarterly earnings themselves — for the June period, NOK actually posted a respectable profit of 712 million euros ($865 million).

PANIC EQUALS OPPORTUNITY

Brace yourself. Wall Street has just felt the first pangs of its quarterly anxiety attack over upcoming corporate earnings reports. Sure, it’s irrational, even neurotic. But apparently there’s not much hope Dr. Freud can cure the hordes of self-destructive �news junkie� investors. These folks habitually dump good stocks on the merest hint of a temporary earnings glitch. Then the stocks snap back up.

BUMP THE CEILING — OR BREAK THROUGH?

If your pulse isn’t pounding yet, it will shortly. Here’s where the stock market gets downright exciting. We’ve had a handsome run-up off the March 24 low. In less than two weeks, the S&P index has climbed 5%. NASDAQ has jumped even more (9%). I hope you’ve enjoyed every minute of it as much as I have.

BONKERS ON THE UPSIDE

If you ever wondered what a runaway train looks like, get a load of what’s happening on Wall Street. Stock prices have gone vertical over the past week or so, as sellers have all but vanished. It’s a marvel to behold, culminating in today’s Triple Crown (new 52-week closing highs for the Dow, S&P 500 and NASDAQ simultaneously).

GOT THE DIRECTION RIGHT

Unfortunately, we never had a chance to buy the S&P puts I recommended on Tuesday’s post. (You can now cancel the order with your broker.) The stock market simply fell out of bed before we could act. But my warning was on target. We’re in the midst of a nasty little “correction” on Wall Street that promises to pull stock prices somewhat lower over the next week or two, maybe a bit longer.

SHAPING UP

The stock market “correction” that began September 19 hasn’t hit a final bottom yet. I still expect the major indexes to dip a few more percentage points as we work our way through October.

IT'S EARNINGS SEASON

In case you didn’t notice! Two of our model portfolio companies reported second-quarter earnings today, with markedly different results. Coca-Cola (NYSE: KO) came through with profits that touched the upper range of analysts’ estimates. Sales were strong, especially for the company’s non-carbonated beverages. Wall Street is rewarding the stock today with a nice jump, despite the soggy overall market.

IT’S EARNINGS SEASON

In case you didn’t notice! Two of our model portfolio companies reported second-quarter earnings today, with markedly different results. Coca-Cola (NYSE: KO) came through with profits that touched the upper range of analysts’ estimates. Sales were strong, especially for the company’s non-carbonated beverages. Wall Street is rewarding the stock today with a nice jump, despite the soggy overall market.