Month: October 2017

EP Investment Club

Meeting minutes for 10/11/17

Attendees: Grant, Nicky, Greg, Craig, Jenny, Eddie Guests: Chirag General: Pitches: LTC – Longterm care properties PEP – Pepsico IPGP – IPG Photonics (add) NFLX – Netflix (add) ANET – Arista Networks (add) THO – Thor Industries F – Ford (add) Buys: NFLX, ANET, THO, PEP, F, LTC

$F Stock Update

Ford has been on a tear since we picked it up, we’re up 12% in just 2 months, netting ourselves a VERY attractive annualized return. I don’t expect this to continue, but I do know that we’ll be holding onto Ford, especially with a recent firm upgrading from hold to buy.

$NOC Stock Update

September 18 NOC announced that they are buying Orbital ATK for $7.8 billion in cash while assuming $1.4 billion in debt. Obital shareholders are set to receive $134.50 per share, which represents a 22% higher than the closing price the previous trading day of$110.04. Orbital designs and manufactures space, defense, and aviation-related systems, in particular rocket …

$NOC Stock Update Read More »

$IPGP Stock Update

Positive sentiment regarding IPGP: Their lasers have gotten more and more powerful and precise, while requiring less energy to function. Add in the fact that IPG is the only vertically integrated player in its niche, and that yields an important cost advantage over the competition. Because of new applications  and increased demand from China revenue has jumped …

$IPGP Stock Update Read More »

$JPM Stock Update

September Federal Reserve meeting highlights: No rate hike – rate hike likely in December Balance sheet normalizing (returning a balance sheet to its usual size) Reduction of $4.5 trillion portfolio of government securities  

$EA Stock Update

Earnings to be released October 31. News: NBA LIVE 18 free demo in late August – a franchise first Electronic Arts and the NFL announced they’re teaming up to create an online tournament involving all 32 teams Unveiled Revolution for Battlefield 1 game Coca Cola is sponsoring a virtual athlete in the EA Sports FIFA 18 video …

$EA Stock Update Read More »