Value Investing

There’s Wall Street, and then there’s the “Wallflowers.” These are companies that go out of their way to avoid the Wall Street banking-and-research mill, content to let their businesses speak for themselves. Some companies end up as Wallflowers even if they prefer otherwise. Read More

Years ago, Wall Street analysts could differentiate stocks they favored against stocks with little appeal. A “buy” rating was all a client needed to know. But during the 1960s and 1970s, clients began to demand more information. They didn’t want to only know what to buy, but how much… Read More

More than one-third of companies in the S&P 500 have released 2012 quarterly results, and a clear set of themes have emerged. Profits have been slightly better than expected, while revenue has been a tad disappointing. More important, the forward view has been fairly dim: A wide range of companies… Read More

It’s a $632 billion industry with more than 970,000 locations in the United States. This industry employs 12.9 million workers, making it one of the largest private-sector employers on Earth. Daily sales approach $2 billion with a continually growing active demographic. Yet interestingly enough, this sector is… Read More