- Page 3/3
- Next Page
Benefits of Insider Ownership:
Many of the companies we follow have high insider ownership. Of course, we like this attribute when it shows up along with other factors such as good management, a good track record of growing dividends and buying back shares, and a healthy balance sheet. The appeal behind high insider ownership comes from the idea that insiders at a company, whether they are management, employees, executives, founders or even corporations is that they have more at stake. Because of this there is, in theory, a higher motivation from insiders for the company to perform well. This ultimately is positive for all shareholders alike.
Unlock Premium - Try 5i Free
The S&P oscillator this morning indicated that the market was oversold--don't sell. Interest rates rose today to pressure stocks. Credit card delinquencies are higher too. As long as people have jobs, inflation will remain high. We need to see layoffs for interest rates to come down. We don't like that, but we need it.
One of the few solar stocks that makes money. Have suffered from higher costs in raw materials and shipping, so reported a loss last year. This year, they are guiding for a high $7-8 EPS and $13 EPS in 2024. Trades at a cheap 12x 2024 PE. They sell to commercial customers much more than homeowners, so is less exposed to higher rates. Demand for products is high with orders through 2026. They make a superior product, using 98% fewer semi materials than their peers, therefore cheaper to produce. Shares have pulled back, so attractive.
Is down 55% this year. Sells to mostly homeowners, so is exposed to higher interest rates. Reported last July with soft guidance with a small sales shortfall. Suffers excess inventory that could worsen. It is profitable. The PE has fallen from 60x forward to 24x forward. Are expanding in Europe, which could offset the weaker US market. He's torn over this and has made the wrong call on this this year. It's a show-me stock.
