SumZero News Archive

  • Featured mchx 92a2d984b4

    Marchex Case Is a Prelude to Bigger Shorts to Come

    Published: October 02, 2014

    The winner of the FactSet Best Short contest will be announced on Friday, October 10th. As a warm-up to that announcement, we've posted this tremendous piece of short-focused research by Mohammed Saidal Mohmand (GrizzlyRock Capital). Given that the idea was less than $500mm in Market Cap, it was ...

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  • Featured gow2 a1f9537d90

    Will the Real Short on Let's Gowex Please Stand Up?

    Published: July 17, 2014

    Much has been made of Gotham City Research’s recent expose on Let’s Gowex (GOW:SM), a Spanish WiFi business that, by all accounts, appears to have been a complete fraud of a company. Since the piece was first published on Gotham’s site on July 1st, the company’s CEO admitted to at least some leve...

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  • Featured fdo 45e760dbd7

    Heavy Wal-Mart Pressure "Breaking" Family Dollar

    Published: April 24, 2014

    Family Dollar ("FDO") is experiencing deteriorating fundamentals due to a combination of a challenging macroeconomic backdrop for lower to middle income consumers and intense competition in the discount retailing segment.

    At the macro level, weak employment and real income growth for lower and...

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  • Featured cof 390f4ac5d4

    Capital One: One of the "Last Remaining Cheap Banks"

    Published: March 13, 2014

    Capital One is a compelling investment because (i) it has attractive financial metrics, (ii) they are beginning to return capital to shareholders, (iii) it has a quality credit card and auto lending business, which is primarily driven by a strongly quantitative culture, and (iv) they are growing ...

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  • Featured ncr e765763924

    Massive Secular Tailwinds Drive Big Value in NCR

    Published: March 06, 2014

    NCR is a leading provider of hardware, software, and services that allow businesses in the financial services, retail, hospitality, travel, and telecommunications industries to connect, interact, and transact with their customers. The stock has been trending downward for the past three months, of...

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  • Featured rig 6f5a9e06b0

    RIG Has 50% Upside on Multiple Catalysts

    Published: January 31, 2014

    Transocean is a deep value stock with catalysts on the horizon. The stock pushes a 6% Dividend Yield and improving Balance Sheet. Limited risk with 50% plus upside.

    Over the past several weeks we have seen multiple downgrades amongst the Sell-Side into earnings on Transocean. No surprise there...

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  • Featured jcp 55c71c61f1

    JC Penney: So Bad, It's Good (Again)

    Published: January 23, 2014

    Summary:
    Buy J.C. Penney (JCP) current price 6.75 with expected return of 110%-120% over 12 months. Target price of $14 for 12 months.

    Main Points
    • Easy comps and Improved Margins will lead to Positive Momentum
    • Many Near Term Catalysts
    • No Liquidity Issues/ Manageable Balance Sheet/ As...

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  • Featured klarman d09119bf17

    SumZero Takes on Seth Klarman (Baupost Group)

    Published: January 09, 2014

    In 1982, Seth Klarman founded the Baupost Group with just $30mm. Now with current assets under management surpassing $30bn, Klarman has become one of the most successful hedge fund managers in the world. This week we take a look at some of his recent moves and how SumZero sentiment relates to tho...

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  • Featured gm 86b294b84c

    A Pair of Quick Ideas: General Mills & ADT

    Published: January 02, 2014

    Quick Idea #1
    Long on General Mills (GIS:US)
    Contributor: Carl Aschenbrenner, Formerly at Stonebridge Capital Management, Inc.
    Current Price: $49.40.
    Target Price: $60.00.
    Expected Return: 21.0%.
    Timeframe: 2+ years.
    Elevator Pitch: Healthy mix of snack foods favored by ag...

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  • Featured coh d6d64301ad

    Coach Is (Or Should Be) on Buffett's Watch-List

    Published: November 08, 2013

    The investment idea came to my attention as it survived one of my favorite screens based on the work of Graham and Dodd in the Intelligent Investor, which looks for cheap valuation, a healthy dividend, and a strong balance sheet:

    • Earnings Yield > 2.0x AAA Corporate Yield
    NTM P/E = 13.6  E/...

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  • Featured wolverine

    New Brands Put Wolverine Stock in Play to Double

    Published: October 17, 2013

    I recommend initiating a long position in Wolverine World Wide ("WWW" or the "Company") at today's price of $58.88 (10/3/13). WWW shares present an opportunity to invest in a high-growth, diversified, branded footwear company with several iconic brands (e.g. Sperry, Merrell, Keds).

    The market ...

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