FCS
5 posts
Bob Gay's Luxury Liner Covestor investment model has recently raised cash and increased its hedge position, as economic growth slows.
Robert Gay manages Global Equity Analytics and Research Services LLC (GEARS) which manages several Covestor models, including the Luxury Liner model. Robert recently sold Fairchild Semiconductor (NYSE: FCS) from that portfolio. We asked Robert to share his reasons for selling. His response follows. *** My decision report for FCS is […]
Author: Bob Gay, GEARS Disclaimer: Bob Gay owns FCS in his Covestor Earnings Surprise model. October 8, 2010: At GEARS we have developed unique tools to find improving fundamentals companies when their share price is depressed and identify deteriorating fundamentals companies when their share price is extended. To perform that […]
The collection and analysis of the second quarter 2010 financial statements is largely complete now and a broad based acceleration in corporate wealth is clearer. The average annual sales growth rate of the GEARS total market index is now positive and, over the past year, staged the sharpest “V” shaped improvement in the data record. Even with that unprecedented reversal, the average sales growth rate has recovered only to the cycle trough level of 2002.