Posts by: Steve Birenberg
Each of Northlake’s models has a new signal for May. The Market Cap model is now recommending mid caps after four consecutive months at small cap. The Style model now…
Google (GOOG/GOOGL) reported another solid quarter with 24% foreign exchange neutral revenue growth. Revenue growth was driven by advertising, up 20% in constant currency terms. Mobile is the driver with…
Comcast reported another good quarter and the shares are moving up to another all-time high. CMCSA shares are befitting from two factors. First, the company continues to execute almost perfectly…
Sinclair Broadcasting (SBGI) has been added to Northlake’s individual stock portfolio. We expect transformational acquisitions to increase the company’s free cash flow by 25-50% over the next two years. Free…
Despite a lot of underlying movement in the indicators, there are no changes to the recommendations from Northlake’s Market Cap and Style models. The Market Cap model remains on a…
Northlake’s Style model shifted to a neutral signal after three months at value. The change primarily reflects a pause in the Trump reflation trade during February that impacted the trend…
CBS reported mixed results for 4Q16 in a quarter where that was widely expected due to difficult comparisons. The company showed three fewer Thursday night NFL games and lost 9…
Liberty Global (LBTYK) reported solid 4Q16 results, affirming the acceleration in the company’s growth rate that is critical to our investment thesis. Using the company’s methodology that ignores foreign exchange…
Disney (DIS) reported its second consecutive quarter of lower year over year revenue, operating income, and earnings growth as it faces difficult comps from the massive success of Star Wars:…
Comcast (CMCSA) reported another steady growth quarter with revenues up 9%, operating cash flow up 8%, EPS up 10%, and free cash flow up 64%. Despite emerging completion form internet…
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