According to a Chicago Bridge & Iron (NYSE: CBI)
presentation, the LNG project capital expenditures over the next two
years will reach over $70 billion. The spending will reach a plateau in
2015 at over $45 billion and max out around $50 billion in 2017. Not bad
for a market that topped out around $30 billion in 2012 and plunged
this year.
Probably not surprising, but a main beneficiary will be more »
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SummaryQihoo 360 easily surpassed analyst estimates for Q414.
The Chinese Internet stock continues to trade at a
compelling valuation forecast by one analyst at roughly 9x 2016 EPS
estimates.
The quarterly report did nothing to alleviate concerns that leave the stock in the value trap position.
After the close on Monday, Chinese technology company Qihoo 360 Technology (NYSE:QIHU)
reported Q4 results that generally smashed analyst estimates. While the
top line growth rate was phenomenal, the lingering issues that sent the
stock plunging from over $120 to below $50 in the last year probably
weren't resolved.
1/2/19 Update
Camping World announced a major reorg including the hiring of a new CFO. The sudden resignation of the President of RV Operations looks more and more like a personal decision due to a disagreement with the organizational shifts and his new place in the business.
The stock is up about 5% to $12. Considering these reorgs usually occur when business is struggling, the recommendation isn't to jump into the stock on the rip. Continue to use dips to buy Camping World for the long term as 2019 could be another rough year.
Original Article
The last thing a weak stock needs is an executive departure. Camping World (CWH) is crashing to new lows based on the surprise resignation of the President of RV Operations.
One of the reasons to invest in Camping World was the solid management team lead by CEO Marcus Lemonis and other executives like Roger Nuttall with decades of experience in the industry. Naturally, the market is worried by a surprise move on a Friday evening during t…
Lam Research (LRCX) reported a strong quarter after the close and the stock is up about 5% in initial trading. The company provided the market with $5 billion reasons to own the stock.
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