Fisher Asset: What Are Kenneth Fisher’s Investing Ideas?
At the end of Q3, Fisher Asset’s total portfolio was worth around $91 billion. We’ll focus on Fisher Asset’s top holdings, buys, and sells.
Trump’s $7.5 Billion Victory Could Cost Trillions
In 2018, the total trade between the US and the EU was $1.3 trillion. The trade deficit for the last year was $109 billion.
Delta Air Lines Is Waiting for the 797—Is Boeing Ready?
Last week, Delta Air Lines’ CEO told Bloomberg that the carrier is still hoping Boeing will build a new midmarket airplane, dubbed the Boeing 797.
Boeing 777X Failed a Stress Test, More 737 MAX Concerns
In another setback, Boeing’s (BA) long-haul and wide-body 777X variant failed a stress test. The test was part of the FAA’s certification process.
Dow Jones, Boeing, and GE Fall: Hard Landing Ahead?
On Wednesday, US stock indexes fell due to recession signals. The Dow Jones Industrial Average (DIA) was the worst performer with a 3.05% fall.
Textron Aviation, Industrials Manage to Put Quarterly Sales in the Green
Textron’s (TXT) revenues in 3Q16 rose 2.2% to ~$3.3 billion, missing estimates by $150 million. Sales growth was driven by 2.1% inorganic growth.
Helicopter Woes Could Have Hit Lockheed Martin’s Sikorsky Unit in 3Q16
Troubles in the helicopter manufacturing industry are another example of how the downturn in the oil industry has had a domino effect across sectors.
Transdigm Continues as a ‘Super Stock’ in 2016
Transdigm Group (TDG) became public in March 2006. Since then, the company’s stock has compounded wealth at an astonishing clip.
Transdigm Buys DDC, Its Second-Largest Deal Ever
On May 24, Transdigm announced that it signed a definitive agreement to acquire DDC from Behrman Capital for a purchase price of $1 billion in cash.
Despite a Downgrade, Spirit AeroSystems’ Guidance Looks Good
Despite a significant drop in profits, Spirit AeroSystems Holdings’ (SPR) FCF (free cash flows) were flat YoY (year-over-year) at $161 million.
Spirit AeroSystems’ Revenues Take Flight on Airbus 320 in Q2
Spirit AeroSystems’ revenues increased by 7.7% YoY to $1.83 billion in 2Q16. This was higher than Wall Street estimates of $1.69 billion.
Spirit AeroSystems’ Shares Take a Hop as it Wings Airbus Deal
In 2Q16, Spirit AeroSystems’ Fuselage Systems represented 50% of total revenues. Propulsion Systems and Wing Systems made up 26.3% and 23.2%, respectively.
Investors Should Be Patient with Pratt & Whitney’s Engine Investments
United Technologies (UTX) achieved 100% conversion of net income into cash flows in 2Q16 compared to 76% in 2Q15.
Defense a Key Sales Driver in Honeywell’s Aerospace Segment
Honeywell’s (HON) Aerospace (ITA) segment is its largest business unit. It contributed to 37.8% of the company’s sales in 2Q16.
This Sector Has Been the Lone Positive for the Vanguard PRIMECAP Fund in 2016
The Vanguard PRIMECAP Fund Investor Shares has risen by 2.1% in 2016, placing it among above-average performers in the pack of 12 funds in our review.
Will Alcoa’s 2Q16 Margin Expansion Boost Its Valuation?
In light of Berkshire’s Precision Castparts acquisition, some analysts believe that Arconic could be worth more than the combined entity of Alcoa.
How Used Aircraft Could Drive Honeywell’s Growth
Honeywell (HON) Aerospace was Honeywell’s largest business segment in 2015, constituting 39.5% of total company sales.
Will Higher Commodity Prices Boost Alcoa’s 2Q16 Earnings?
In its Primary Metals segment, Alcoa expects the ATOI to increase by $10 million in 2Q16.
Will Arconic Get a Valuation Boost with Its New Structure?
Valuation multiples are a key metric that investors consider. Investors can assess a company’s valuation with respect to its peers’ valuations.
Arconic Isn’t Precision Castparts, and the Market Knows That!
Market participants who are bullish on Alcoa (AA) point to Berkshire Hathaway’s (BRK-B) acquisition of Precision Castparts.
What the Aerospace Industry Needs from Specialty Chemicals and Materials
The adoption of specialty materials in the aerospace industry is being driven by the rising use of lightweight alternatives over traditional equipment.
PRITX’s Recent Performance: What Does This Mean for Investors?
The T. Rowe Price International Stock Fund (PRITX) has been in existence since May 1980.
Airbus Rose 0.83%, Company’s CEO Pretty Relaxed about China
The aerospace industry contributed a return of 0.83% to FEZ’s performance on Wednesday, January 13. Aerospace stock Airbus (EADSY) returned 0.83%.
Repsol Topped FEZ, Rebounds in Crude Oil Benefitted the Stock
On Wednesday, January 13, 2016, the stocks at the top of the SPDR Euro STOXX 50 ETF (FEZ) were Repsol, Total (TOT), Enel, ENI (EAA), Danone (DANOY), Axa, Airbus (EADSY).
FEZ Was Weighed Down by Auto Manufacturing Industry
The auto manufacturing industry was the biggest loser with a negative return of 1.5% on Tuesday, January 5, 2016. Volkswagen (VLKAY) stock alone fell 2.8%.
Falling Oil Prices Could Boost the Eurozone’s Economy
Since the EU is a net importer of crude oil, falling oil prices will have a positive impact on the economy. Oil and gas account for 7.3% in FEZ.
Oil and Gas and Electric Industry Weighed on FEZ in 2015
The oil and gas industry provided the return of -13% in 2015. Stocks like Total (TOT), Eni (EAA), and Repsol returned -3%, -5%, and -32%, respectively, in 2015.
Falling Crude Oil Triggers All of the European Market Industries
Crude oil and commodity prices continued to fall. This made investors nervous. They exited their positions in both the equity and commodity markets.
Bayer Rose 2.1% as It Increased Investments in Cancer Drugs
Bayer announced that it’s accelerating its investments in more cancer drugs. It may have five cancer drugs on the market by 2020. The news drove the stock, and it rose 2.1% on December 10.
Why October Wasn’t the Month for the Putnam Europe Equity Fund
The Putnam Europe Equity Fund rose 4.5% in October 2015 from a month ago. It fell 4.7% in the three-month period ended October 30, 2015.
A Snapshot of the T. Rowe Price International Stock Fund (PRITX)
The T. Rowe Price International Stock Fund (PRITX) requires a minimum initial investment of $2,500. PRITX is a no-load fund.
How Materials Hurt the Europe-Focused AXEAX in September
The Columbia European Equity Fund Class A (AXEAX) fell by 3.8% in September 2015 from the previous month. AXEAX’s exposure to financials cost the fund.
Boeing’s Commercial Aircraft Classifications
Boeing’s commercial aircraft carry 100–500 passengers, including dual-aisle wide-body aircraft and narrow-body planes with four- to seven-across seating.
Market outlook for Embraer
Forecasts show the civil aerospace market could see a global demand of 27,000 new airliners by 2031. This points to a great market outlook for Embraer.
What are the threats for Embraer?
Embraer has made a mark in the regional jet market, but now there may be significant threats for Embraer as it faces tough competition from established players.
Embraer’s commercial aircraft families
Embraer’s commercial aircraft family of jets caters to the narrow-bodied segment. Its ERJ 145 family and EMB 120 Brasilia jets belong to the three-abreast cabin subsegment.
An investor’s introduction to Embraer
An introduction to Embraer is incomplete without comparing its returns to the index. Embraer (ERJ) slightly outperformed the index ETF (SPY) year-to-date.
Boeing’s strategy for the new market
Part of Boeing’s strategy in Asia-Pacific will be to offer its reengineered 737 MAX, which the company says is 14% more fuel-efficient than competing jets.
Boeing’s global competitors
Boeing’s global competitors include Airbus, Embraer, and Bombardier.