Jubak Picks

Precision Castparts rewards growth investors who stuck with this stock pick

Jim Jubak — Fri, 10 May 2013 21:16:24 +0000

Growth investors who never lost faith in Precision Castparts (PP) finally got their reward. Growth is back, the company said in its May 9 earnings report for the quarter that ended in March. And those investors got their reward. The stock, which closed at $192.02 on May 8, jumped to $209.97 at the close on [...]

Yen breaks below 100 to the dollar barrier–rally in Japanese stocks to continue

Jim Jubak — Thu, 09 May 2013 20:10:07 +0000

The Japanese yen has broken through the 100 yen to the dollar barrier. Rather convincingly too. The dollar was up 1.6% against the yen as of 3 p.m. New York time. I’d assume there are a lot of positions and programs in action at this level so we might get a wash of buying as [...]

Cooking the books on China’s exports–the growth isn’t what it seems

Jim Jubak — Wed, 08 May 2013 22:10:13 +0000

This morning’s export numbers from China are even fishier than usual. Officially China’s exports rose 14.7% in April, easily beating the 9.2% increase expected by economists surveyed by Bloomberg, the General Administration of Customs reported today, May 8. Imports climbed 16.8% in April against expectations for a 13% gain. Chinese and Asian stock markets were [...]

Is Warren Buffett out to buy DaVita? The odds just went up

Jim Jubak — Wed, 08 May 2013 18:13:05 +0000

DaVita HealthCare Partners’ (DVA) solid beat on first quarter earnings last night was over-shadowed this morning by reports of a standstill agreement with Warren Buffett’s Berkshire Hathaway (BRK/A) that traders see as raising the odds of an acquisition. DaVita, a member of my Jubak’s Picks portfolio http://jubakpicks.com/the-jubak-picks/ , is up 8% as of 1:30 p.m. [...]

Japan’s domestic investors discover Tokyo’s stock market rally

Jim Jubak — Tue, 07 May 2013 22:58:38 +0000

It looks like Japanese investors have decided to start putting some money into Japanese equities. That—if the trend continues past April–could push the Tokyo market–and my Japan stock picks–another leg higher. Up until April, Japanese investors were willing to let the Tokyo market rally without them. But apparently—with the Nikkei 225 index up 64% from [...]