Blue Chip Stocks

Is It Time to Bail on the FAANGs?

Is It Time to Bail on the FAANGs?

In recent months, it has gotten harder to separate the performance of the U.S. stock market from the performance of the FAANG stocks (Facebook, Amazon, Apple, Netflix and Google/Alphabet). Despite Facebook’s face-plant, after its earnings announcement led to the worst one-day loss ever for any stock, the overall performance of the market year-to-date has been […]

Buy These Streaming Giants as Netflix’s Challenges Grow

Buy These Streaming Giants as Netflix’s Challenges Grow

Netflix (Nasdaq: NFLX) is one of those ‘belief’ stocks like Tesla. Either you believe in its business model, despite its lack profitability, or you don’t. The key tenet is this belief revolves around the growth in the company’s subscriber base. And here, the first cracks have appeared. The latest subscriber figures from Netflix were disappointing, […]

A Fly (Spy) On The Wall

A Fly (Spy) On The Wall

The conversation started when daughter Holly asked, “Are you really going to drive for over six hours to meet a guy for lunch?” “Yep!” I said. My wife Jo chimed in, “Dennis is good friends with Chuck Butler who retired from EverBank and writes the Daily Pfennig. They will probably spend 1 1/2 hours solving […]

Is This What Will Save Apple?

Is This What Will Save Apple?

Apple’s annual developers conference kicks off on June 4. Apple watchers always keep a close eye on the conference for a sense of the company’s priorities for the next year. In the past, Apple has used the conference to roll out new products for developers to build augmented reality applications, medical research apps and more. […]

Big Tech Is Still Earnings King

Big Tech Is Still Earnings King

The current U.S. corporate earnings season is the best seen since the third quarter of 2010. With just over half of the S&P 500 companies having reported, the largest U.S. companies are on course to post earnings per share growth of 23.2% from a year ago, according to FactSet But apparently, the best growth in […]