Dow Jones Industrial Average 21,987.56 (UP) Week ending 09/01/2017
S & P 500 2476.55
Greetings fellow value investors. It has been a busy summer here in Oreland PA. Sorry I have been hiding out from you.
I like to buy things in pairs in my IRA account, so I picked up some shares in Jazz Pharmaceutical , ( Symbol JAZZ, $143.00), to go along with my Gilead Sciences (symbol GILD, who bought Kite Pharmaceuticals and their Car T cancer technology). I have spoken about Gilead many times on my blog as an undervalued large-cap biotech company. I like JAZZ here, buying the shares under $145. These two sit up there with my other top holdings Alaska Airlines, (ALK), and Cisco Systems, (CSCO), which I believe to both be under-valued, based on future projections for the companies.
Everything past this point are just on "Watch list" and are not recommendations.
Sometimes I am asked if there are any Chinese companies that I would invest in? This is an ADR traded on the NASDAQ as Weibo Corp. ADR, (Symbol WB, $104.72). It is like Facebook for mainland Republic of China users for social media. I have added it to my "watch list" at this time.
Here is a Wikepedia description about the company:
"Sina Weibo (NASDAQ: WB) is a Chinese microblogging (weibo) website. It is one of the most popular social media sites in China, in use by well over 30% of Internet users, with a market penetration similar to the United States' Twitter. It was launched by Sina Corporation on 14 August 2009, and as of December 2012 has 503 million registered users. By the third quarter of 2015, Sina Weibo has 222 million subscribers and 100 million daily users. About 100 million messages are posted each day on Sina Weibo.
In March 2014, Sina Corporation announced a spinoff of Weibo as a separate entity and filed an IPO under the symbol WB , (Weibo). Sina carved-out part 11% of Weibo in the IPO, and Alibaba owned 32% post IPO. The company began trading publicly on 17 April 2014.
As of June 2017, Sina Weibo has over 361 million monthly active users, with surging advertising sales and total earnings in the second-quarter of 2017." Buying things in pairs, this might be a good investment to pair up with an existing position in Facebook , (FB symbol). I have never owned a Chinese stock ADR and would consider this a somewhat speculative investment.
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Then I have a list of some value names of micro-cap companies with market capitalization of between 50 Million and $558 Million dollars. This is down in an area where there is not much analyst coverage and you have a better shot at finding some better values. Here are 4 of them to add to your "Watch List" :
Lakeland Industries, Inc. (Symbol LAKE, $13.70). A good balance sheet and a $109 million dollar market cap. $0.84 cents in earnings forecast for 2019.
A couple of broadcast companies next.
Beasley Broadcast Group , Inc. (Symbol BBGI, $10.35 per share) with a market capitalization of $293 million. It has a PE currently of 4.7.
Second, Hemisphere Media Group Inc. , (Symbol HMTV, $13.05 per share) which owns Spanish broadcasting stations in North and Latin America. It has a PEG ratio of 1.55 and market capitalization of $558 Million. Earnings of $0.45 cents per share.
Plus one more, InTEST Corp. (Symbol INTT, $7.60 per share) with earnings of $0.26 cents per share and a market capitalization of $80 Million.
Labor Day Monday here in the US today so we are off from work today. September is not usually a great month for the stock market averages, so it is a time mostly to study and look for opportunities.
Have a great, healthy and successful September,
Freewilly
S & P 500 2476.55
I like to buy things in pairs in my IRA account, so I picked up some shares in Jazz Pharmaceutical , ( Symbol JAZZ, $143.00), to go along with my Gilead Sciences (symbol GILD, who bought Kite Pharmaceuticals and their Car T cancer technology). I have spoken about Gilead many times on my blog as an undervalued large-cap biotech company. I like JAZZ here, buying the shares under $145. These two sit up there with my other top holdings Alaska Airlines, (ALK), and Cisco Systems, (CSCO), which I believe to both be under-valued, based on future projections for the companies.
Everything past this point are just on "Watch list" and are not recommendations.
Sometimes I am asked if there are any Chinese companies that I would invest in? This is an ADR traded on the NASDAQ as Weibo Corp. ADR, (Symbol WB, $104.72). It is like Facebook for mainland Republic of China users for social media. I have added it to my "watch list" at this time.
"Sina Weibo (NASDAQ: WB) is a Chinese microblogging (weibo) website. It is one of the most popular social media sites in China, in use by well over 30% of Internet users, with a market penetration similar to the United States' Twitter. It was launched by Sina Corporation on 14 August 2009, and as of December 2012 has 503 million registered users. By the third quarter of 2015, Sina Weibo has 222 million subscribers and 100 million daily users. About 100 million messages are posted each day on Sina Weibo.
In March 2014, Sina Corporation announced a spinoff of Weibo as a separate entity and filed an IPO under the symbol WB , (Weibo). Sina carved-out part 11% of Weibo in the IPO, and Alibaba owned 32% post IPO. The company began trading publicly on 17 April 2014.
As of June 2017, Sina Weibo has over 361 million monthly active users, with surging advertising sales and total earnings in the second-quarter of 2017." Buying things in pairs, this might be a good investment to pair up with an existing position in Facebook , (FB symbol). I have never owned a Chinese stock ADR and would consider this a somewhat speculative investment.
**************************************************
Then I have a list of some value names of micro-cap companies with market capitalization of between 50 Million and $558 Million dollars. This is down in an area where there is not much analyst coverage and you have a better shot at finding some better values. Here are 4 of them to add to your "Watch List" :
Beasley Broadcast Group , Inc. (Symbol BBGI, $10.35 per share) with a market capitalization of $293 million. It has a PE currently of 4.7.
Second, Hemisphere Media Group Inc. , (Symbol HMTV, $13.05 per share) which owns Spanish broadcasting stations in North and Latin America. It has a PEG ratio of 1.55 and market capitalization of $558 Million. Earnings of $0.45 cents per share.
Plus one more, InTEST Corp. (Symbol INTT, $7.60 per share) with earnings of $0.26 cents per share and a market capitalization of $80 Million.
Labor Day Monday here in the US today so we are off from work today. September is not usually a great month for the stock market averages, so it is a time mostly to study and look for opportunities.
Have a great, healthy and successful September,
Freewilly
