Latest Expert Opinions

Signal
Opinion
Expert
BUY
BUY
April 17, 2012
Just came up with good quality earnings. You are seeing a return of the consumer. Loan reserves going back into earnings. Well run company. Large investment bank. May not be as stable as Wells Fargo. 2.7% dividend.
Just came up with good quality earnings. You are seeing a return of the consumer. Loan reserves going back into earnings. Well run company. Large investment bank. May not be as stable as Wells Fargo. 2.7% dividend.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$43.900
Owned
No
WEAK BUY
WEAK BUY
April 17, 2012
Have de-risked their portfolio. Should not pay the pre-2008 multiple. It used to be a much more stable business when they were growing through acquisitions. It will now slowly go up. 3.5% yield will do fine.
General Electric (GE-N)
April 17, 2012
Have de-risked their portfolio. Should not pay the pre-2008 multiple. It used to be a much more stable business when they were growing through acquisitions. It will now slowly go up. 3.5% yield will do fine.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$19.340
Owned
Unknown
BUY
BUY
April 17, 2012
Don’t take any credit risk. You could buy Visa or MasterCard. They equally as good. Very well run companies. Their volumes have increased over the last little while. They are very good stories because of the secular tailwinds. More and more people are using debit and credit card. Visa has less of a global franchise than MasterCard.
Visa Inc. (V-N)
April 17, 2012
Don’t take any credit risk. You could buy Visa or MasterCard. They equally as good. Very well run companies. Their volumes have increased over the last little while. They are very good stories because of the secular tailwinds. More and more people are using debit and credit card. Visa has less of a global franchise than MasterCard.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$122.080
Owned
Unknown
BUY
BUY
April 17, 2012
Don’t take any credit risk. You could buy Visa or MasterCard. They equally as good. Very well run companies. Their volumes have increased over the last little while. They are very good stories because of the secular tailwinds. More and more people are using debit and credit card. Visa has less of a global franchise than MasterCard.
Mastercard Inc. (MA-N)
April 17, 2012
Don’t take any credit risk. You could buy Visa or MasterCard. They equally as good. Very well run companies. Their volumes have increased over the last little while. They are very good stories because of the secular tailwinds. More and more people are using debit and credit card. Visa has less of a global franchise than MasterCard.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$438.430
Owned
Unknown
BUY
BUY
April 17, 2012
A restructuring story; a good value story and a nice dividend, which they can pay easily. Printer business is a very good business. You get the rest of HP for free of you put a good multiple on the printer business. Will not go up a lot here but as the restructuring tapes place it will increase in price.
A restructuring story; a good value story and a nice dividend, which they can pay easily. Printer business is a very good business. You get the rest of HP for free of you put a good multiple on the printer business. Will not go up a lot here but as the restructuring tapes place it will increase in price.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$24.720
Owned
Unknown
BUY
BUY
April 17, 2012
Slowly changing. PC market was slowing down and Windows 8 is not coming out until the summer. Better growth with new products coming. Cheap at these levels with a good balance sheet.
Dell Computers (DELL-Q)
April 17, 2012
Slowly changing. PC market was slowing down and Windows 8 is not coming out until the summer. Better growth with new products coming. Cheap at these levels with a good balance sheet.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$16.380
Owned
Unknown
TOP PICK
TOP PICK
April 17, 2012
Cheap. Likes the story. Great balance sheet. 11x earnings, 2.6% yield. April 19 numbers come out. You will get better PC demand, which will help them. Windows 8 coming out late summer or call but is a 2013 story. A lot of good products coming out and every one is concentrating on Apple. Made an effective job of changing their business.
Microsoft (MSFT-Q)
April 17, 2012
Cheap. Likes the story. Great balance sheet. 11x earnings, 2.6% yield. April 19 numbers come out. You will get better PC demand, which will help them. Windows 8 coming out late summer or call but is a 2013 story. A lot of good products coming out and every one is concentrating on Apple. Made an effective job of changing their business.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$31.440
Owned
Yes