The Iconoclast Investor

You can say all you want that we’ve been in a secular bear market since 2000 … and you may be right.  But secular bear or not, that didn’t stop many big winners from lifting off from 2003-2007, including Apple, Google, First Solar, Crocs, Research in Motion, Coach, XM Satellite Radio, Intuitive Surgical, Potash, Mosaic, [...]

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While every investor knows the terms bull market and bear market, every investor seems to have a different definition of each.  Some people consider any period of rising prices a bull market.  Others require that prices generally rise for a certain time–maybe six months–to be called a bull market.  And of course there’s the popular [...]

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Have all banks run amok? Not quite. I’ve gone out on a limb lately and recommended a couple of banks in the advisory I edit, Cabot Benjamin Graham Value Letter.
Hudson City Bancorp (HCBK) owns and operates 127 savings bank branches in northern New Jersey and New York City. The bank specializes in writing jumbo mortgages [...]

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With most stocks getting hit in the past week, it’s hard to find a stock that’s at a pristine buy point.  And, frankly, even if I saw one, I’m not sure it would work out–when the market is under pressure, good stocks can go bad in a hurry.  So I want to highlight a company [...]

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My stock recommendation today is American Dairy (ADY), a Chinese producer of milk powder, soybean milk powder, walnut products and other dairy stuff.
China isn’t known as a big consumer of dairy goods.  Many Chinese find cheese distasteful and just don’t enjoy yogurt, buttermilk and the rest of the milk-based foods that delight Westerners.  But that’s [...]

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