There are no changes to the signals from Northlake’s Market Cap and Style models after the latest update. Last month the models switched to Large Cap and Growth and fresh data shows those signals are even stronger. The technical and trend indicators are leading the way which is not a surprise given the widely discussed […]
Nexstar Media Group (NXST) reported another in a string of excellent quarterly earnings reports. Revenue and EBITDA exceeded management guidance and the company raised the all-important annual free cash flow guidance. NXST has always benefitted from having one of the best management teams across all the industries we follow in terms of operating execution and […]
Northlake’s Style model shifted from Value to Neutral. For clients with allocations to the model, we are selling one half of the holding in the Russell 1000 Value (IWD) and reinvesting the proceeds into the Russell 1000 Growth (IWF). There is no change to the recommendation of Mid Cap from the Market Cap model. Client […]
Home Depot (HD) reported strong 1Q20 earnings especially when compared to most other companies, including other retailers that were hurt badly by the economic shutdown. HD stores were deemed essential and remained open, a huge advantage, but the big story in the quarter was digital sales up 79%, reaching 15% of sales. Comparable store sales […]
Nexstar Media Group (NXST) shares responded well to the company’s 1Q20 earnings report as investors gained a better understanding of the stability of the company’s free cash flow. Shares in NXST were pummeled in the initial stages of the COVID-19 crisis despite a much less cyclical financial profile than the company had in Great Financial […]
We have grown accustomed to lower volatility from Apple’s earnings and its stock price post-reporting. Well, what do you know? Apple (AAPL) reported better than expected 3Q17 results and the shares are responding favorably in initial trading, up about 5%. Guidance for the September quarter, a key focus point for investors, was better than expected […]
Northlake’s Style model flipped to neutral for August after spending three months on growth. The Market Cap model remains on large cap for the third consecutive month. To align client portfolios invested in the models with the neutral signal, one half of positions in the Russell 1000 Growth (IWF) were sold and the proceeds were […]
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 small cap signal and the Style model still reads neutral on growth vs. value. With no changes to the signals, client positons in the Russell […]
As we hoped, Liberty Global (LBTYK) reported a modest improvement in its revenue and EBITDA growth rates for 3Q16. Revenue adjusted for foreign exchange, merger activity, and other one-time items grew 2% and EBITDA gained 3%. EBITDA excluding the Netherlands (soon to be part of a joint venture) grew a more impressive 5%. A variety […]
EMAILED: 6/24/2016 11:20AM Central: Recognizing markets move quickly and that can make opinions change, here are some of Northlake’s thoughts this morning after Leave wins the UK referendum: Uncertainty. It is an old adage but the fact is that Wall Street dislikes it. Brexit creates a lot of uncertainty as there really has never been […]
Office
20 N 3rd Street
Bayfield, WI 54814
Mail
PO Box 1165
Bayfield, WI 54814
tim@northlakecapital.com
847-226-9713
