Stocks for the Long Haul
This Internet giant could well become the Exxon of the 21st century, a company that is the backbone of the new econmy. Google has a lot of float, and it performs consistently.
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Market Mad House
In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Charley Munger
Is Sears Canada Worse Than Sears USA?
When is a $59.1 million loss and a 4.3% percent decline in same-store sales good news for a retailer? When the company is Sears Canada (NASDAQ: SRSC), that’s when.
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Target Switches Gears in the Grocery Aisle
hat gives Target more control over pricing and promotion and increases its ability to offer special discounts or promotions to loyal customers; for example, lower prices to those who use its popular shopping apps and credit cards. This strategy has worked well for Kroger, which often undercuts Walmart Stores Inc.’s (NYSE: WMT) prices with its house brands. A similar strategy has worked well for Costco Wholesale Inc. (NASDAQ: COST), which heavily pushes its store brands.
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National Healthcare Could Boost the Economy
f something as shoddy, as poorly designed and as inefficient as Obamacare can have such benefits, just imagine what would result from a real national healthcare program like the expansion of Medicare to cover all Americans.
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Walmart Aims to Give Itself Float with Shipping Service
If Walmart rolls out this subscription service in a smart way, it could position itself as the anti-Amazon.
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Kroger Is Winning the Grocery Wars
Safeway and Albertsons currently have around 2,230 stores—almost as many as Kroger—but they had combined revenues of $60 billion in 2014, The San Francisco Chronicle reported. In contrast, Kroger, which operates 2,619 supermarkets, reported a TTM revenue of $108.47 billion on January 31, 2015. Kroger’s TTM revenue grew by 8.55% in 2015.
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Real Estate Bubble on the Coasts
The difference is that this real estate boom is confined to specific parts of the country; it is not happening on Main Street, and the middle class is not participating.
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The Strange World of Eddie Lampert
The transformation, like the Lands’ End (NASDAQ: LE) and Sears Hometown & Outlet (NASDAQ: SHOS) spinoffs, is actually the looting of Sears. Like a dictator who has destroyed his nation’s economy, Lampert is now selling its resources off to the highest bidder. Then he pockets the proceeds and flies away in his private jet.
Read MoreMusk Aims to Disrupt the Electricity Market
Both Tesla and SolarCity are losing a lot of money, and both could be in serious trouble if Mr. Musk cannot figure out a way to start generate cash and a lot of it—and fast. Musk has taken a very bold gamble here; he’s essentially betting two of his companies on a fundamental shift in the way the world gets electricity. If that change does not occur, both Tesla and SolarCity will find themselves caught in the death spiral.
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Rising Gasoline Prices Could Hit Retailers
The real problem is that gasoline prices in some parts of the country are higher than others. In some regions, gas prices are so high as to be a drag on the economy and a possible threat to retail sales.
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