108th Edition of the Festival of Stocks
Welcome to the September 29, 2008 edition of Festival of Stocks. The Festival of Stocks is a blog carnival dedicated to highlighting bloggers best posts on stock market related topics. Fat Pitch Financials is the actual birth place of this online weekly event, so it is always a special occassion when I get the chance to host this roving event.
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Now that you are familiar with Fat Pitch Financials, let’s take a look at this week’s Festival of Stock participants. There are a dozen entries this week divided up into stock analysis, coverage of the current financial crisis, and other topics. Here are this week’s entries:
Magic Formula Stock Review: EarthLink (ELNK) posted at MagicDiligence. EarthLink’s strategy of being the premier provider of premium dial-up Internet service is a long-term loser, but a lean operating structure and good cash flows should allow it to hold on until a buyer comes along. However, MagicDiligence recommends avoiding this one.
These 3 Blue Chips Are Undervalued and Pay Solid Dividends posted at Contrarian Profits. Andrew Snyder says investors need to look beyond the chaos on Wall Street if they want to profit in this crisis. Strong and established firms have been dragged down by the toxic banking sector and are now selling at bargain prices. The share buybacks of Microsoft, Altria and Nike this week show they are undervalued.
Stocks: MSFT, MO, NKE
There can be Two, the Ultra Financials ProShares (UYG) posted at The StockMasters. I never thought I’d see a Highlander in regards to two financial ETFs, but Frank does so when discussing Ultra Financials ProShares.
Stocks: UYG, XLF
Company Analysis: Thor Industries posted at Bootstrap Investing. A look at some of the headwinds affecting this beaten down RV maker that is the leader in its industry.
Nordic American Tanker (NAT) Dividend Stock Analysis posted at Dividend Growth Investor. A detailed analysis of this yield hog leads this blogger to like Nordic American Tanker on dips below $30 or close to its tangible book value.
Stock Analysis: Colgate Palmolive (CL) posted at Dividends 4 Life. A detailed analysis that examines fair value, growth, dividend yield of this toothpaste maker.
The Financial Crisis
Spontaneous Thoughts on Recent Events: Investment Banking as We’ve Known It posted at The Personal Financier. Great image leads this post. The Personal Financier shares his thoughts about the chaos in the investment banking arena.
Token Political Rant – AIG Bailout vs. Small Business Policy posted at About.com Entrepreneur’s Guide. Is the AIG bailout really the best investment of $85 billion to improve our economy? This blogger believes it would be better to give the money to small businesses in order to boost the economy.
The fall of the investment banks posted at Sox First. And then there were none! Last week’s implosion of Lehman Brothers has brought about the end of Wall Street as we know it with Goldman Sachs and Morgan Stanley now moving to become bank holding companies. The significance of this latest development should not be under-estimated. They will now be regulated by the Fed and the move ditches the intent of the 1933 Glass-Steagall Act which separated investment and commercial banks.
Save For College with FreshmanFund’s 529 College Savings Gift Registry posted at American Consumer News. A college savings gift registry sounds like a neat idea. Now there just needs to be a stock gift registry.
15 Simple Solutions: posted at Triaging My Way To Financial Success 15 simple solutions to review when successful investing seems difficult.
Working Backwards: What’s Short Selling? posted at Uncommon Cents. Wondering what all the fuss is about short selling? This post covers the basics including the latest SEC restrictions on this practice.
That concludes this edition of the Festival of Stocks. Submit your blog article to the next edition of Festival of Stocks using our carnival submission form. Past posts and future hosts can be found on our Festival of Stocks index page for those of you interested in reviewing the archives.
Next week’s Festival of Stocks is looking for a home. I want to avoid having Fat Pitch Financials become the permanent location If you are interested in hosting a future edition of the Festival of Stocks, please visit the schedule to find a free slot. Then contact me with the name of your site, blog URL, email address, and the date your prefer to host.