CSX is the largest rail operator in the Eastern United States; it is also the successor to some historic rail operators including; the Pennsylvania Railroad, the Seaboard Airline, the Baltimore and Ohio, and the New York Central. This puts CSX in a great position because it serves many of America’s largest cities including’ New York, Atlanta, Chicago, Tampa, Detroit, Cleveland, Philadelphia, Richmond, Pittsburgh, Buffalo, Columbus, Boston, and Miami, and 70 ports.Read more
Equifax has all the characteristics of a neat-little value investment, save one; it is grossly overpriced. My take is that EFX is still overpriced at $94.47 a share and it will drop a lot further.Read more
The flight to higher ground will to lead to what Keenan calls “climate change gentrification.” That effect might be temporary because superstorms like Hurricane Irma and Hurricane Harvey might make cities like Miami unlivable ghost towns.Read more
American patriots might cringe at this collapse of the greenback, but there are many positive side effects. Shrewd investors can make a lot of money and have a lot of fun with a falling dollar.Read more
Either way Toyota is now a great long term contrarian play in autos. It’s a good company because you will not lose money with this stock no matter what the cars of the future run upon.Read more
The financial figures also demonstrate that UPS might just be the best retail investment around because it makes a lot of money; no matter what retailer is winning the online wars.
A big opportunity for UPS is the ongoing retail apocalypse created by Amazon’s relentless expansions. Every time a brick and mortar retailer dies it creates more business for UPS because that store’s customers are probably ordering from Amazon or Walmart.com.Read more
In particular I think eBay is in a great position to go acquiring. There are some interesting potential acquisitions for it out there; including Etsy (NASDAQ: ETSY) which had a market cap of $1.876 billion on August 9, 2017. Another is Overstock.com (NASDAQ: OSTK) – the big O had a market capitalization of $456.26 million on August 9, 2017.Read more
Microsoft just turned in a stellar earnings report for second quarter 2017 that contains such incredible numbers. Value investors had better take notice because Microsoft also demonstrated that it is one of the best money makers in the market today.Read more
All of this makes Bank of America a value investment because it has a lot of problems, but it’s still capable of making a lot of money. More importantly it’s cheap because the problems scare a lot of investors away.
Those who stay do make money they were rewarded with a return on equity of 8.12% on June 30, 2017. That was up from 6.65% in June 2016, which proves bargain hunters like Warren Buffett are right about this stock.Read more