CBS has been a huge winner for Northlake clients. Initially purchased in the summer of 2009 near $6, the stock has soared thanks to great ratings at its CBS and Showtime networks, excellent cost management, and aggressive share buybacks and dividend increases. The addition of retransmission fees paid to CBS by cable and satellite companies […]
After five months favoring Mid Cap, Northlake’s Market Cap model switched to a Large Cap signal for September. As a result of the switch, client positions in the S&P 400 Mid Cap (MDY) have been sold and the proceeds reinvested into the S&P 500 (SPY). The Style model is recommending Value for the second consecutive […]
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tim@northlakecapital.com
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