Henry Blodget must be short RIMM.  What other explanation can there be for his grossly distorted take on WSJ’s glowing review of the new BlackBerry Bold.
 
Blodget sifted every negative fleck from Katherine Boehret’s review in order to concoct a blog post that would neatly fit his sensationalist, deceptive headline: “Mossberg Pees On BlackBerry Bold: Bulky, […]

RIMM was hit with two negative analyst calls yesterday and the stock traded off (down 8.6% on a day when the NASD was up 3.4%) as if it still carried a 40x multiple.  But it doesn’t.  At about $53 per share, RIMM is trading at 16x even the most conservative analyst estimates for FY2010 ($3.33 per share).  This, despite […]

While everyone else seems to be scrambling for cash to maintain operations, keep in mind… 
Apple (AAPL) is sitting on $20 billion of cash and has no debt.  That equates to about $23.50 per share in cash, or about 27% of its current stock price ($88.00).
Google (GOOG) is sittiing on $13 billion of cash and has no […]

At $470 a share, Google is one of the cheapest ”best-in-class” stocks out there.  Its PEG ratio (P/E relative to growth rate) is 0.85.  Keep in mind, with GOOG, you’re not only getting the present value of the future cash flows from their existing stellar search ad business, you are also effectively getting a call option on YouTube, Android, any penetration of […]

Just picked up some Google (GOOG) at $496.50, some FedEx (FDX) at $79.28 and some Amdocs (DOX) at $29.38.
On Google: picking up the preeminent company in its space at less than 1x growth is a no brainer.  Sure, Google disappointed a bit, but it still had gross revenue growth of 39% (organic revenue growth of 34%) and GAAP EPS […]

In a January 18 post I listed several stocks that I had on my watch list:
Akamai Technologies Inc (AKAM) - $26.64 (01/17/08 close)
Cisco Systems, Inc (CSCO) - $24.33
3M Co. (MMM) - $74.96
Intel Corp (INTC) - $19.33
McDonald’s Corp (MCD) - $51.98
General Motors Corporation (GM) - $22.84
Starbucks Corp (SBUX) - $19.05
I subsequently took long positions in five […]

Not sure what the catalyst is, but AKAM is down about 20% over the past month - this, since rebounding 35% from the near-52 week low of $25.88 it hit back in mid-January.
We recommended taking a close look at AKAM back on January 18th, when the stock was at $26.64, and we do so again today.
* full […]

The following stocks are approaching valuation levels that I believe would make them highly attractive long term (more than one year) buying opportunities.  All of them have come down significantly from their 52-week highs (some, such as Akamai - down 55%, more than others).
Most of these companies are leaders in their field with strong balance […]

KNOT was recently trading at $13.73. At this level, the shares are starting to look pretty attractive. The Knot’s PE is now around 28x and its Enterprise Value to EBITDA is just under 14x. Given organic top-line growth in the low 20% range and projected earnings growth of 30%, KNOT’s valuation is […]

* Full Disclosure:  I own the AMZN Jan 2008 70 puts
Despite a forecast for declining margins in the 4th quarter, Amazon.com (AMZN) finished at $88.73 yesterday, down just 2.8% below the $91.28 price the stock had been at when the market opened the previous day (before surging nearly 10% that day on euphoric earnings expectations).  Further, according to MarketWatch.com, 12 of the 22 analysts […]