valuation

Apple’s stock is fast approaching its 52-week high of $177.50 set almost exactly 1-yar ago and seems within striking distance of its all-time high valuation near $200. I wrote at the beginning of the year about Apple’s intrinsic value and recommended buying the stock when it hit $89/share amid rumors of Steve Jobs’ declining health and Apple’s inability to continue to make hit products.

National Default Servicing, LLC (NDS), an established provider of default and servicing related solutions to the real estate industry, announced today the integration of its mortgage service operations under the new parent name, The National Groups (www.TheNationalGroups.com).

I don't know what's in the water over there in Europe but here I thought the US market was expensive... I guess it's all relative. p.s. I disgaree with the valuation on US stocks as there are now about 18,219 ways to measure P/E multiple. But as long as we are incorrectly measuring US and European stock valuation the same way, at least its apples to apples.

A simple discounted cash flow model indicates that PDLI is only properly valued in the absolute worst case scenario. The article linked here includes a full fundamental analysis.

An in depth look at GE's current valuation using two valuation methodologies - discounted cash flow and public comps. We determine through two methods that GE's stock currently implies a valuation which allows you to buy growth in its core businesses as well as any value in the capital finance segment for free.

A House Financial Services subcomittee has scheduled a March 12 hearing on mark-to-market accounting rules -- a dry-sounding topic that likely would have a massive impact on the struggling big banks and the wider economy if it were altered.

Bad news about Steve Jobs' health. A slowing economy and high price points. A lack of knock your socks off product announcements seem to have left investors very bearish on Apple of late. Do share prices in the 70s and 80s make sense?

Earnings season officially kicked off today with Alcoa’s $1.49/share loss versus last year’s $0.75/share profit in the same quarter. The market yawned at the news and share’s moved just 0.5% in aftermarket trading. We all know that earnings this quarter will be dismal. In fact, Thompson Reuters expects negative earnings growth in seven of 10 sectors it tracks.

I probably should have written about this earlier as I picked up a position in Valero a few weeks ago around the $18-$19 range. The valuations presented here are a bit crude (pardon the pun). But, in my opinion, an equity investor ought to be more interested in being directionally correct than being exact when modeling. In the end, all we’re looking for is satisfactory margin of safety.

"Berkshire Hathaway is our largest holding because of Warren Buffett. Leucadia National is a large holding because of Ian Cumming and Joseph Steinberg. We think Eddie Lampert at Sears is a young member of that group." When investing in a business, Bruce Berkowitz tends to pay more attention to the jockey than the horse.

"Price is what you pay. Value is what you get." says Buffett. Valuing a business is, therefore, a fundamental skill that every value investor must master to be able to discern the intrinsic value of a business from publicly available information.

A post putting the recent correction in perspective and making an argument for the possibility that we are still in a post-bull trading range that may not end until the end of the decade.

In light of recent developments, Microsoft Corp.'s (MSFT) acquisition of Yahoo! Inc. (YHOO) is all but inevitabie, Citigroup Capital Markets analyst Mark Mahaney wrote in a research note.