Subscribe to RSSEarnings Update
Compass Diversified (CODI) reported this morning. nbsp;I haven’t had a chance to listen to the call yet, so I don’t want to comment. nbsp;The stock is down 3+% as I write, but it had ran up quite a bit prior to earnings. br /br /Jamba Juice (JMBA) reports after the bell today, and I’m interested to see what they come out with. nbsp;Although they are likely to come in pretty good, expectations have been rising among investors as the stock has rallied for the past week and a half. nbsp;It is down today, which is no surprise as people are taking some profits and getting a little defensive before earnings, which is prudent if you own a big position. nbsp;I just made a starting purchase and it ran up before I was able to add (I wanted to wait until after earnings). nbsp;So lets see what they say, and I’ll make a plan from there. nbsp;I really like where this company is headed and would like to hold a larger position.br /br /I was quite close to starting a position in Dr Pepper Snapple (DPS). nbsp;I’ve been hearing some rumblings about a soda tax gaining momentum, and I thought that may shake the stock a bit. nbsp;But, investors either haven’t noticed, or aren’t threatened by it. nbsp;I did read that DPS’snbsp;managementnbsp;isn’tnbsp;particularlynbsp;worried that it will happen, but I’ve read a few articles talking about it. nbsp;Something to watch at least. br /br /The bears continue to look foolish as the market continues to run. nbsp;I’m not selling anything, but not adding at this point either. nbsp;I could easily see a pullback, but it will likely won’t last long. nbsp;As time goes on, investors seem content to buy the dips. nbsp;I’d welcome the opportunity to buy some of my favorite stocks as better prices, as all true value investors do. br /br /Lets see what Jamba says after the bell!br /br /Disclosure: Long CODI, JMBAdiv class=”blogger-post-footer”img width=’1′ height=’1′ src=’https://blogger.googleusercontent.com/tracker/819581243324579563-5504487229876818645?l=briskycapital.blogspot.com’ alt=” //div
The rest is here:
Earnings Update
Counter
0 Comments
You can be the first one to leave a comment.