Despite a number of changes in the underlying indicators and a volatile month of trading for the market in August, here were no changes to the signals from Northlake’s Market Cap and Style models for September. As a result, client positions following the models will again be held in the S&P 400 Mid Cap (MDY) […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2013-09-03 12:03:402013-09-03 12:03:40Despite Market and Model Volatility, Mid Cap and Value Still Favored
Cable stocks have performed well this year due to a combination of steady moderate growth, industry consolidation rumors, and companies returning cash to shareholders via dividend increases and share repurchases. The most recent set of quarterly earnings reports support current bullish trends in these areas. Northlake clients own positions in Comcast (CMCSK) and Liberty Global […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2013-08-13 12:54:212013-08-13 12:54:21Comcast and Liberty Global Remain Leaders in Bullish Cable Industry
Over the past two weeks, most of the major media companies have reported second quarter results. This summary will take a look at the entertainment companies held by Northlake clients. These companies are primarily content producers. A separate blog post will review the cable companies that provide the pipes through which we consume the content. […]
There were no changes to Northlake’s models for August. The Market Cap model continues to recommend Mid Cap and the Style model still favors Value. As a result, client assets dedicated to these models will be maintained in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD). The Market Cap model had […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2013-08-01 12:31:172013-08-01 12:31:17Mid Cap and Value Get Another Month to Shine
Discovery Communications (DISCK) shares have traded off 5% since reporting June quarter earnings. The underlying organic growth rates were largely in line with estimates but accounting adjustments related to the company’s acquisitions in Europe earlier this year led to a reduction in net income guidance for the year and miss on reported EPS for the […]
After a lot of worry on the part of investors, Qualcomm (QCOM) reported solid June quarter results and provided guidance for more the same. QCOM shares have lagged in 2013 due to investor fears about a slowdown in high end smartphone demand. Despite signs of slower growth (offset by a positive surprise in iPhone volumes […]
Apple (AAPL) reported a better quarter although earnings are still down year-over-year. I expect that earnigns will turn positive again in the Decemebr quarter and growth will pick up as next year moves along, partially due to very easy comparisons beginning next spring. Renewal of earnings and product momentum is critical to get AAPL shares […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2013-07-31 12:16:532013-07-31 12:16:53Better Quarter Clears Deck for Apple New Products
Google (GOOG) reported slightly disappointing second quarter earnings. Revenue of $11.1 billion was slightly less than estimates of $11.4 billion. EPS of $9.54 were materially below consensus expectations of $10.81. Given these headline numbers, GOOG shares initially traded down about 5%. However, they were down less than 2% when trading closed the day after the […]
Despite merger and acquisition rumors popping up all around the cable and satellite industry, Comcast CMCSK) shares have not moved higher. This makes sense since Comcast is by far the biggest company in U.S. pay TV industry with 25 million subscribers. Charter Communications, now 25% owned by cable industry pioneer John Malone’s Liberty Media (LMCA) […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2013-07-15 13:36:322013-07-15 13:36:32Comcast Attractive While The Rest of Cable Engulfed in Merger Rumors
There were no changes to Northlake’s Market Cap and Style model for July. The Market Cap model continues to recommend Mid Cap (MDY) and the Style model still favors Value (IWD). As a result of the new signals, client assets invested with the models will continue to maintain holdings in MDY and IWD. The indicators […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2013-07-02 07:46:472013-07-02 07:46:47Mid Cap and Value Remain the Favored Themes for July
Despite Market and Model Volatility, Mid Cap and Value Still Favored
Despite a number of changes in the underlying indicators and a volatile month of trading for the market in August, here were no changes to the signals from Northlake’s Market Cap and Style models for September. As a result, client positions following the models will again be held in the S&P 400 Mid Cap (MDY) […]
Comcast and Liberty Global Remain Leaders in Bullish Cable Industry
Cable stocks have performed well this year due to a combination of steady moderate growth, industry consolidation rumors, and companies returning cash to shareholders via dividend increases and share repurchases. The most recent set of quarterly earnings reports support current bullish trends in these areas. Northlake clients own positions in Comcast (CMCSK) and Liberty Global […]
Media Earnings Pretty Solid and Future Still Bright
Over the past two weeks, most of the major media companies have reported second quarter results. This summary will take a look at the entertainment companies held by Northlake clients. These companies are primarily content producers. A separate blog post will review the cable companies that provide the pipes through which we consume the content. […]
Mid Cap and Value Get Another Month to Shine
There were no changes to Northlake’s models for August. The Market Cap model continues to recommend Mid Cap and the Style model still favors Value. As a result, client assets dedicated to these models will be maintained in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD). The Market Cap model had […]
Messy Quarter But Core Growth At Discovery Warrants Patience
Discovery Communications (DISCK) shares have traded off 5% since reporting June quarter earnings. The underlying organic growth rates were largely in line with estimates but accounting adjustments related to the company’s acquisitions in Europe earlier this year led to a reduction in net income guidance for the year and miss on reported EPS for the […]
Qualcomm Fights Offs Bears
After a lot of worry on the part of investors, Qualcomm (QCOM) reported solid June quarter results and provided guidance for more the same. QCOM shares have lagged in 2013 due to investor fears about a slowdown in high end smartphone demand. Despite signs of slower growth (offset by a positive surprise in iPhone volumes […]
Better Quarter Clears Deck for Apple New Products
Apple (AAPL) reported a better quarter although earnings are still down year-over-year. I expect that earnigns will turn positive again in the Decemebr quarter and growth will pick up as next year moves along, partially due to very easy comparisons beginning next spring. Renewal of earnings and product momentum is critical to get AAPL shares […]
Google Core Trends Intact Despite Noisy Quarter
Google (GOOG) reported slightly disappointing second quarter earnings. Revenue of $11.1 billion was slightly less than estimates of $11.4 billion. EPS of $9.54 were materially below consensus expectations of $10.81. Given these headline numbers, GOOG shares initially traded down about 5%. However, they were down less than 2% when trading closed the day after the […]
Comcast Attractive While The Rest of Cable Engulfed in Merger Rumors
Despite merger and acquisition rumors popping up all around the cable and satellite industry, Comcast CMCSK) shares have not moved higher. This makes sense since Comcast is by far the biggest company in U.S. pay TV industry with 25 million subscribers. Charter Communications, now 25% owned by cable industry pioneer John Malone’s Liberty Media (LMCA) […]
Mid Cap and Value Remain the Favored Themes for July
There were no changes to Northlake’s Market Cap and Style model for July. The Market Cap model continues to recommend Mid Cap (MDY) and the Style model still favors Value (IWD). As a result of the new signals, client assets invested with the models will continue to maintain holdings in MDY and IWD. The indicators […]