All Div of DIS doing well and expected to do well in the near term future. If they split the stock, it will reaffirm their confidence in the future. DIS increased rates for theme parks the second time in recent months because of dramatic increase in attendance. The movie and animation and games and merchandise all doing very well. A stock split dies make sense.
I wouldn't be surprised to see analysts announcing upgrades and increasing target [prices, one by one, in a coordinated way. If that happens, I would consider that as a peak. These upgrades could carry DIS to may be 90.
Shorts are getting margin calls and they have no other choice than to cover short positions. Several positive catalysts:
1. BAC CEO said all segments are doing very well.
2. Latest report shows mortgage applications increased.
3. Interest margin spread is becoming very favorable to BAC, dramatically increasing profit potential.
4. Stress test results would be very favorable and BAC would get permission to increase dividend to 20 cents and increase buyback of shares.
5. Bove said that banks could double from current price levels.
Sentiment: Strong Buy
BAC is well positioned to see a dramatic increase in profits. With bank stress test results to be out soon, BAC may finally get permission to increase dividend to 20 cents and also increase buyback of shares. BAC is clearly undervalued and a huge potential to go over $25 some time this year.
Sentiment: Strong Buy
Corbat did a lousy job and lost $400 mi in Mexico because of lax management. And for that he gets rewarded by BoD? That makes no sense. BoD is just as corrupt.
Cook joked about new product announcement at the annual meeting - he obviously doesn't get it that that's number one issue. He said that he took position on AZ anti-gay law as social responsibility and then added that those who just care about rate of return, they should not buy Apple stock. I say if Cook can't deliver then we stay but replace him - he needs to understand that rate of return is all what matters.
I am convinced more than ever that he is not the right person to lead Apple at this juncture when device market is getting saturated and feature gap is narrowing between Apple and competitors so it's going to be almost impossible to maintain margins (simple math) - so if he thinks new product categories is a joke, then he obviously doesn't get it. Apple would retest last low of 385.
Sentiment: Strong Sell
Cook is finished. Investors were looking for a reason to hold on to Apple stock but nothing came out, as usual. Cook is like "do nothing" Congress - What Apple needs is a very aggressive and dynamic CEO and Cook is not that person.
Sentiment: Strong Sell
Don't understand why Corbat was given a hefty raise. He should be fired. How could Mexico fraud have occurred on his watch? Poor management. Citi needs a new CEO.
Apple up in down market - somebody is accumulating or company doing buyback. How long that will last? At the end of the day, Apple has to up its game on innovation, faster product delivery. Apple has become an unexciting company.
1. Stop buyback. It's waste of cash buying a no- growth stock.
2. Increase dividend so shareholders get at least something for patiently waiting for ever.
3. Cook take some time off without pay and work as an intern at Samsung to learn how to develop new things faster.
4. Look for new areas outside of smartphone business with focus on service rather than devices.
5. Split the company so it can be managed better - given Cook has been a failure.
China Mobile deal was supposed to put Apple on a new growth curve but it fizzled. So will next catalysts such as iWatch or iTV or new payment service. Apple lacks real "innovation" and exciting new products. Cook and Apple Board of directors failed to use cash to put Apple on a new trajectory - they are stuck in predictable product categories, when they could have tried new service categories - there is no innovation or vision. When it comes innovation, Netflix, Tesla, Facebook, Google are ahead of Apple. Cook must be replaced.
Cook should get some training on innovation and faster delivery - at Samsung
when is this going to end? more billions in jeopardy? ceo must certify every quarter that they are running an honest business.
Is Apple now in COPY mode, following Samsung. Apple expects to introduce larger screen this year and hopefully a payment service this year or next? Apple has not yet perfected Maps. Why should anyone pay a premium price for Apple phones if they are not the industry leader?
Cook tried to fill the shoes of Jobs but he is not the right person to lead Apple. In a high tech fast moving industry, the trick is to not let your product become a commodity and that means constant fast paced innovations. Unfortunately, Apple is losing its magic touch every day. Something in Apple's culture changed and that's not good for shareholders. Cook should realize that and take responsibility and move on.
Samsung was first to come out with a bigger screen, first to offer actual service connecting fingerprint and PayPal. Apple screwed up big time on Maps. Apple still working on payment service. Cook gets an F on execution. Apple lost its fervor for innovation after Jobs passed away. These are facts!
A lot of thumbs down on negative comments - they could be Apple employees (including Cook). Don't take it personally - just work harder and do things quickly or go and work for Samsung and learn how to do things quickly.
I wonder if Cook really understand that Apple needs to increase pace of innovation and new product introductions - he cannot take forever when market is moving so fast.