The markets are closed today for Good Friday.
Yesterdays post, "Blame The Bunny?" turned out to be one of the most read posts to date.
I've been asked, "why do the stocks in the portfolio go up and down, what can I look at to understand the price movements?" It depends, there are a host of factors that cause stock prices to go up, down or sideways. Management, earnings, revenues, geo-political events, weather, buy-outs, mergers, acquisitions, you get the idea. For now let's just focus on earnings, the most fundamental of the fundamentals are earnings.
“Price Is What You Pay, Value Is What You Get” - Warren Buffet
Stocks in The Mother's Little Helper Portfolio will start reporting earnings on April 18th. The table below outlines the estimated reporting date and the consensus analysts estimate for quarterly earnings. Note that there are three companies with negative earnings estimates. These are all early stage, biotech pharmaceutical companies that are still investing large sums of money into research and development and are just beginning to develop sales channels for their products. For these three companies we're looking for a lower negative earnings estimate due to an increase in revenue or a partnership with a major drug company. As companies report I will update the chart below with actual earnings so that you can see the effect on individual holdings.
Disclosure: I am personally invested long in these stocks that appear in the MLH portfolio and may purchase or sell share withing the next 72 hours. I am also invested in other stocks that do not appear in the MLH portfolio: BA, BRK.B, CELG, CSCO, CTXS, CVX, DOW, DVAX, FB, IBM, NTES, NVDA, OMER, PFE, PG, RDHL, SCHW, THO, TWX, VEEV, VZ, XLNX, XOM
I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.
This article is not intended to offer investing advice, guarantee 100% accurate predictions, or to be interpreted as providing a personal recommendation.