Showing posts sorted by relevance for query janney. Sort by date Show all posts
Showing posts sorted by relevance for query janney. Sort by date Show all posts

Tuesday 6 July 2010

Analyst Recommendations

Janney Montgomery Scott equity analyst Sasa Zorovic reiterated a buy rating and $40 fair value estimate on shares of Adobe Systems (ADBE) - June 18th 2010. Stock Price then was $33.12. Price as at 6 July 2010 $26.28. Well done Sasa excellent call !

Wednesday 23 February 2011

Janney Montgomery Scott - GMCR

"the firm continues to believe the stock will reach the $50/share level by September and $62/share in twelve months" -February 18, 2011 - Mitchell Pinheiro re: Green Mountain Coffee

Just do the opposite, these guys have a knack for not only getting it wrong, but really really wrong.

Thursday 25 November 2010

The Best of Breed Analysts

These analyst have a nack for getting it completely wrong. Its actually not too bad to follow them as if you do the opposite you are likely to make stacks of money.

Sasa Zorovic & Mike Abramsky

"Given the stock's valuation, there is greater downside risk than upside potential to Salesforce.com," wrote Goldman Sachs analyst Sasa Zorovic. He reiterated his sell rating and $53 price target. 05/22/08 - Sales Force is now $145 on 17th Nov 2010

Janney Montgomery Scott equity analyst Sasa Zorovic reiterated a buy rating and $40 fair value estimate on shares of Adobe Systems (ADBE) - June 18th 2010. Stock Price then was $33.12. Price as at $28.40 on 17th Nov 2010. The market has climed some 20% as well !

RBC Capital analyst Mike Abramsky says he is cutting Apple (AAPL) to underperform from sector perform and his $125 price target to $70 on reduced growth expectations, visibility and near-term leadership uncertainty. He sees a revaluation in the stock toward a market multiple. (15th Jan 2009 - Bloomberg Business Week). Price is now $314.80 on 17th November 2010.

If you know another great analyst with consistent nack for making the wrong calls, then let me know. Its great to keep a watch on these guys as doing the opposite your returns will be better than the Sage of Omaha.

Monday 12 July 2010

Microsoft - Analyst Recommendation

Janney Capital analyst Sasa Zorovic this morning raised his rating on Microsoft (MSFT) to Buy from Neutral while maintaining his $30. - 12th July 2010.

The last few recommendations, I did exactly the opposite to what Sasa has recommended and was very in the money. This latest upgrade for Microsoft would indicate a good selling opportunity base on the analyst recommendation.

Microsoft trade on very low PE - not far off a company that has zero growth prospects.

Its search engine and mobile apps are about as dead as can be. It has had years to sort out Windows mobile and all it did was provide us with recurring crashes, leaving the gates wide open for Apple. Windows Vista was a disaster and Windows 7.....well we will see. I have in fact moved to Linux as a result of Vista and will never go back to Windows again if I can help it. Nor would I ever by a mobile device with Windows on it.

I know many company CIO's don't like windows...but there once was no alternative. Now with apple coming in, cloud services more available and enhanced security issues...particularly with Windows software...it could be the end to the monopoly on the desktop. Even end users are more familiar with the apple desktop than before. It is far more secure and requires a lot less software to control.

On the server side we all know how unreliable a Microsoft run server is. Unfortunately a lot of software will only run on windows....historically there was no alternative. Now however there are a lot more software developers looking to provide their services on more than one platform as companies seek out cheaper and more secure alternatives.

Could Microsoft be for 2010 what IBM was for the 1990's ? A sitting dead duck ?

About Me

I try and work a broadly market neutral strategy and based purely on fundamentals and my gut feel.