best buy

Big Ben’s Stimulus Party: Only the Top 20% Received an Invite

Big Ben’s Stimulus Party: Only the Top 20% Received an Invite

What if they threw a recovery party and only the top 20% showed up? It looks like we are about to find out….. From the Telegraph by Ambrose Evans-Pritchard entitled: Deepening crisis traps America’s have nots “ The US is drifting from a financial crisis to a deeper and more insidious social crisis. Self-congratulation by the US authorities that they have this time avoided a repeat of the 1930s is premature. There is a telling detail in the US retail chain store data for December. Stephen Lewis from Monument Securities points out that luxury outlets saw an 8.1pc rise from a year ago, but discount stores catering to America’s poorer half rose just 1.2pc. Tiffany’s, Nordstrom, and Saks Fifth Avenue are booming. Sales of Cadillac cars have jumped 35pc, while Porsche’s US sales are up 29pc. Cartier and Louis Vuitton have helped boost the luxury goods stock index by almost 50pc since October. Yet Best Buy, Target, and Walmart have languished. Such is the blighted fruit of Federal Reserve policy. The Fed no longer even denies that the purpose of its latest blast of bond purchases, or QE2, is to drive up Wall Street, perhaps because it has so signally failed to achieve its other purpose of driving down borrowing costs. Yet surely Ben Bernanke’s `trickle down’ strategy risks corroding America’s ethic of solidarity long before it does much to help America’s poor. The retail data can be quirky but…

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Trouble in Retail: Three Charts from the Frontlines

Filed in best buy, BP, Debt, frontline, Gold, GOld juniors, o, recession, silver by on January 6, 2011 0 Comments
Trouble in Retail: Three Charts from the Frontlines

Here’s one for the bears…. December retail sales came in on the soft side this morning as the all important Christmas numbers failed to meet analysts’ expectations. In all, 52% of the big retailers fell short as they posted only a 3.2% increase overall vs expectations of a 3.5% rise. November,as it turns out, was stronger than December. Despite the miss, that is actually an improvement over the last two years when same store sales fell 2.5% in December 2009 and dropped 0.7% in December 2008. Of course, this is one the bulls are more than happy to blame on the snow. It’s the rationalization du jour. However, these three charts from a slice of Americana would seem to point to something else. Just another sign that the bulls may be getting ahead of themselves. Related Articles: Best Buy Sales Stink, Stank, Stunk Black Friday Madness The American Illusion Consumer’s Revolt, Shun the Chains of Debt The Middle Class Recession To learn more about Wealth Daily click here Advertisement I Just Witnessed the Impossible Not far from the U.S. Capitol, a tiny $0.62 tech firm unlocked the secret to harnessing solar energy — at ANY time, from ANY window! It’s so efficient and affordable that CNBC is calling it energy’s “Silver Bullet.” Before the first big ticket contract comes, through— doubling the share price — click here for your exclusive video footage. Trouble in Retail: Three Charts from the Frontlines originally appeared in Wealth Daily . Wealth Daily

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Market Wrap-Up for Dec.23 (CF, POT, AGU, NKE, BBY, more)

Tom and I just wrapped up a great new video today where we run down the potential market themes dividend investors will face in 2011. As I started mentioning the past few days, I’m beginning to think the financials will see an uptrend in 2011. We see the pipeline of mergers, IPOs, rising interest rates, and rising dividends (the TARP handcuffs could be close to coming off) as the catalyst for higher prices. It’s still considered a bit of a contrarian call, but as we crunch the earnings estimates, it looks like much of the bad news has likely been already priced into most of the financial stocks. Our fear when it comes to gold is that with many retail investors embracing the yellow metal after a four-fold run-up the last few years, the gains could be a bit tougher to come by as we head into 2011. Now there could be wild cards and events that could cause gold to rally of course, but based on the sentiment we see, the gains could still be a struggle. If you have been riding the momentum higher, don’t be afraid to put a stop order in to prevent any quick pullbacks from wiping away your gains. We also talk about the rising danger facing municipalities and how pensions may not be as safe as they once were in the public sector. The importance of this is to hit home the fact that investors need several income sources as they build toward retirement. No Social Security “cost of

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Dividend Stock Leaders for the Week of Dec.13-17 (JOYG, ACN, BBY, MA, V, more)

Filed in best buy, dividend, Gold Investing, Gold Investment, Mastercard, o by on December 18, 2010 0 Comments

Here are some of the biggest dividend stock winners and losers from the week that just ended. Company Fri. Close Weekly % Change Dividend Yield C.R. Bard Inc. ( BCR ) $95.72 +10.61% 0.75% Accenture Ltd. ( ACN ) $50.32 +10.21% 1.79% U.S. Steel ( X ) $58.90 +9.87% 0.34% Joy Global Inc. ( JOYG ) $85.55 +8.18% 0.82% Novartis Ag ( NVS ) $58.74 +7.33% 2.91% Bank Of Montreal ( BMO ) $57.26 -6.42% 4.87% Agnico-Eagle Mines ( AEM ) $75.66 -8.77% 0.85% Sanderson Farms Inc. ( SAFM ) $39.04 -10.38% 1.74% Mastercard Incorporated ( MA ) $221.26 -13.15% 0.27% Visa Inc ( V ) $66.90 -16.58% 0.90% Best Buy Co. Inc. ( BBY ) $34.27 -18.01% 1.75% Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Best Buy Misses, Lowers Outlook – Analyst Blog

Filed in best buy, BP, Gold Investing, o, silver by on December 14, 2010 0 Comments

Best Buy Company posted lower-than-expected third-quarter 2011 results and lowers its full year outlook.

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Market Wrap-Up for Dec.10 (GE, JPM, MTB, AVB, NSM, CVC, BBY, more)

You ever wonder why “investing” in a Social Security “pension” works? Because it is automatically done and there is nothing for a worker to do. To be able to retire with a considerable nest egg, the first process will require that investors get money into accounts that can be used to accumulate high-quality dividend-paying stocks. Figure out what it takes to do this and get yourself in position to get that money to work for you each month. The reason I bring this up from time to time is the data that I keep coming across that alarms me — and should alarm you too. A recent survey from Wells Fargo reports that the average American has saved less than 7 percent of his desired retirement nest egg and will likely have to keep working in retirement to supplement his income. The sooner investors understand that sitting in cash over extended periods of time is not the smartest move, the sooner they will come in off the sidelines. It will happen, but in the meantime, you can put yourself in a better position financially to build your nest egg by getting a specific amount of funds ready to work for you each week or month. You can still enjoy yourself with things you like to do, but save some of that entertainment money to put to work for you as well. Looking at today’s action, Beckman Coulter ( BEC ) spiked on reports the company could be for sale. This is another bullish anecdote to watch for as we move forward. More on recent bullish trends we are seeing can be seen in today’s video from Tom and myself. Elsewhere, Wall Street analyst upgrades helped lift shares of AvalonBay Communities ( AVB ), JP Morgan ( JPM ), and M&T Bank ( MTB ). Cablevision ( CVC ) was higher on news it will be added to the S&P 500 Index. General Electric ( GE ) shares rose this afternoon following news of the company’s second dividend increase this year. On the downside, National Semiconductor ( NSM ) slumped following the company’s earnings outlook. Looking ahead to next week, earnings will continue to be light, with notables such as Best Buy ( BBY ), Accenture ( ACN ) and General Mills ( GIS ) set to report. Be sure to catch up with our latest watchlist updates, including the new reports on earnings/story stocks, analyst upgrades/downgrades and how those names performed

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Google’s Endless Ambition

Google’s Endless Ambition

It’s an exciting time for Google investors. Over the last few years, the company has positioned itself brilliantly. And it’s starting to pay off. Not only did they maintain their massive lead in search, they managed to grow it. And management made shrewd investments in other key areas. For example, in 2005 Google bought a little startup named Android. In 2005, most of us didn’t realize how quickly the smartphone market would take off. Google did, apparently. They moved into the space at just the right time. Google’s latest branded phone, the Nexus S Here we are five years later, and Google’s early investments are paying off in spades. Every day, 200,000 new Android devices are activated worldwide. Units sold rose 1373% in Q3, compared with the same period a year ago. That’s 20 million units sold last quarter, versus 1.4 million in Q3 of 2009. That is simply explosive growth. Dozens more Google-powered gadgets are in the pipeline at big manufacturers like Motorla, HTC, and LG; smart phones, e-readers, and tablets. They also just announced the Nexus S — their second Google-branded smart phone — a follow-up to the mediocre Nexus One . The new phone is the product of a partnership with Samsung. It does some unique tricks, like 3d graphics and some Nintendo Wii-like sensor functions. It’s slick-looking too, vastly more polished than its predecessor. Having a slick product is critical, as Apple has taught us. Tech retail isn’t easy, but Google is learning fast. PC World has a nice writeup on how the Nexus S stacks up against the iPhone 4 here . The S will be sold directly by Google, as opposed to most Android-powered phones, which are marketed independently. Best Buy secured the exclusive deal to sell the phone. I expect it to do well, especially with all the recent attention Android’s been getting. Google stands to make money from each Android-powered device sold by partners, as well. What’s that you ask? If Android is open source (free), how will they make money off it? Good question. Mobile ads, for one. Smartphone ad revenue will top $1 billion this year, and is growing at an incredible pace. With their dominant Adwords search platform, and their recent acquisition Admob, a leader in mobiles ads, Google was already set to dominate this market. Android’s success expands their reach in the space even further. Their apps marketplace will be another revenue driver. Apple has been making a killing selling apps and games for years, and Google is finally catching up. Android will drive revenue in other ways, too. But Google isn’t getting greedy, they’re focused on grabbing the most market share possible. Smartphones are still a young market, hard as that is to believe. Android could be a significant growth driver for decades to come. Getting the lead early, and keeping it, will be critical. Don’t think they forgot…

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Amazon (Nasdaq:AMZN), Wal-Mart (NYSE:WMT) Offering Best Shipping Deals

Consumers will be the big winners this Christmas season as retailers compete for their dollars by offering free shipping, with Wal-Mart (NYSE:WMT) and Amazon (Nasdaq:AMZN) unsurprisingly leading the way. Wal-Mart was the first retailer to strike, saying they would offer free shipping on about 60,000 items. Contrary to some competitors, they offer it with no minimum purchase. Amazon quickly

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