Apple (AAPL) reported another strong quarter driven by the incredible success of iPhone6 and 6 Plus. Not that long ago, the debate surrounding the iPhone was whether Apple needed a lower end phone to sell in emerging markets. Apparently, the missing ingredient was larger screen sizes. AAPL sold 61.5 million iPhones in the March quarter, […]
Google (GOOG/GOOGL) shares responded favorably to its latest quarterly earnings report, rising over 3% on the first day of post-earnings trading. The results were largely in line with Wall Street expectations, coming as a relief to many investors who feared worse due to difficult foreign exchange headwinds, slowing growth in search, and the shift in […]
There are no changes to the signals from Northlake’s Market Cap and Style models for April. The Market Cap model continues to recommend Mid Cap and the style model remains on a Large Cap Growth signal. The growth signal has now been in place for six months and the mid cap signal for five months. […]
There are no changes to the recommendations from Northlake’s Market Cap and Style models for January. The Market Cap model continues to favor mid cap and the Style model still likes large cap growth. With no changes to the recommendations for January, client positions following Northlake models will be maintained in the S&P 400 Mid […]
Northlake’s Market Cap model shifted from large cap to mid cap for December. As a result client positions following this model were shifted from the S&P 500 (SPY) to the S&P 400 Mid Cap (MDY). There is no change to the growth signal in the Style model. Client positions in the Russell Growth (IWF), initiated […]
Activision Blizzard, Inc. (ATVI) is a new buy for Northlake clients. Now is a good time to invest in ATVI following recently announced better than expected third quarter results. In addition, there have been concerns about growth at ATVI for 2015, but the worries seem to be easing due to the just reported better than […]
CBS Corporation (CBS) reported third quarter results in line with or very slightly ahead of recently lowered Wall Street estimates. CBS shares have performed quite poorly this year, down almost 20%, as earnings have steadily fallen due to weaker than expected advertising trends at the CBS Network and the company’s owned and operated TV stations. […]
In a very tough year for media stocks, Disney (DIS) has been a standout performer. At recent highs, the shares were up over 20% for the year, more than twice the gain in the S&P 500. DIS was a victim of its own success after reporting its latest quarterly earnings. The results were slightly above […]
The big news surrounding Liberty Media’s (LMCA/LMCK)) quarterly earnings was the split of LMCA into two companies as shareholders received one share of Liberty Broadband (LBRDA/LBRDK) for every four shares of LMCA/LMCK. LMCA/K now is dominated by its 57.5% ownership stake in Sirius XM Satellite Radio. Sirius now represents over 7% of LMCA/K net asset […]
Liberty Global (LBTYK) had an eventful week. The company closed on its acquisition of Ziggo, giving it nationwide coverage in the Netherlands for its broadband and cable network, reported third quarter earnings, and restarted its share repurchase program. Each item is positive and complements the other which should set the stage for strong performance from […]
