The most important takeaway from Google’s (GOOG) second quarter 2011 results is that GOOG is still a growth company. This means that earnings in the future will be higher than Wall Street expects for a longer period of time. In turn, investors will now pay a higher P-E multiple for GOOG. These basic facts explain […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-07-18 10:54:242011-07-18 10:54:24Google is a Growth Stock Again
For the seventh consecutive month there were no changes to the signals from Northlake’s Market Cap and Style models. Mid Cap and Value continue to be favored. As a result, client positions in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD) will be maintained for another month. The lack of change […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-07-02 12:26:322011-07-02 12:26:32Mid Cap and Value Still Reign
There were no changes to the signals from Northlake’s Market Cap or Style models for June. The Market Cap model continues to recommend Mid Cap, while the Style model remains on a Value signal. As a result of the latest signals, there are no changes to the portion of Northlake client portfolios dedicated to the […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-06-02 13:45:002011-06-02 13:45:00Mid Cap and Value Again for June
Liberty Capital (LCAPA) is an asset play. The stock trades with the value of the assets it owns including 40% of Sirius XM (SIRI), a double digit stake in Live Nation Ticketmaster (LYV), and smaller holdings in a variety of publicly traded media and telecom companies. LCAPA also owns a few significant private assets including […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-05-23 09:45:182011-05-23 09:45:18Liberty Capital Makes a play for Barnes and Noble
CBS and Virgin Media (VMED), two of Northlake’s larger holdings thanks to excellent stock price performance, reported earnings a few weeks ago. Both companies reported good results supporting the higher stock prices and setting the stage for future gains. Entering the report, I was a little worried about VMED due to strict austerity measures in […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-05-23 09:23:402011-05-23 09:23:40CBS and Virgin Media Momentum Continues
There were no changes to Northlake’s Market Cap or Style model signals for May. The Market Cap model continues to favor mid caps and the Style model still prefers Value. The models have been stable for six months now leaving Northlake clients invested in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-05-02 14:59:552011-05-02 14:59:55Continued Stability as Mid Cap and Value Look Good for May
Discovery Communications reported a strong 1Q11 and increased its full year guidance. Advertising growth picked up from the fourth quarter, aided by improved ratings performance in the US. The guidance increase indicates that there is no slowdown in sight for domestic advertising with the caveat that ratings at key networks (Discovery, TLC, Animal Planet) need […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-04-29 08:51:492011-04-29 08:51:49Beat and Raise From Discovery Communications
I again tweeted comments as Apple held their earnings call. As a reminder, I find that my instant reaction is most valuable as I subsequently read through analyst reports. It was another great quarter with iPhones and Mac laptops leading the way. iPads were supply constrained but management seems quite confident they are getting a […]
Google (GOOG) shares are trading down 8% the day after reporting 2011 First Quarter earnings. EPS of $8.08 fell about a nickel short of the consensus of $8.13. Revenues of $6.54 billion were about $220 million ahead of estimates, growing 28% on an organic basis. Despite a tough comparison, this was the best revenue growth […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-04-15 14:40:242011-04-15 14:40:24Google lays a sour egg just in time for Easter
Despite great volatility surrounding events in Japan, Libya, the Middle East, and Europe, the stock market ended little changed in March. Northlake held up very well during the volatility just after the earthquake and tsunami in Japan. As the market rallied into month end, small and mid cap stocks once again asserted leadership, helping Northlake […]
https://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gif00Steve Birenberghttps://dev.northlakecapital.com/wp-content/uploads/2026/02/nl_logo.gifSteve Birenberg2011-04-03 10:22:562011-04-03 10:22:56Another Month Favoring Mid Cap and Value
Google is a Growth Stock Again
The most important takeaway from Google’s (GOOG) second quarter 2011 results is that GOOG is still a growth company. This means that earnings in the future will be higher than Wall Street expects for a longer period of time. In turn, investors will now pay a higher P-E multiple for GOOG. These basic facts explain […]
Mid Cap and Value Still Reign
For the seventh consecutive month there were no changes to the signals from Northlake’s Market Cap and Style models. Mid Cap and Value continue to be favored. As a result, client positions in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value (IWD) will be maintained for another month. The lack of change […]
Mid Cap and Value Again for June
There were no changes to the signals from Northlake’s Market Cap or Style models for June. The Market Cap model continues to recommend Mid Cap, while the Style model remains on a Value signal. As a result of the latest signals, there are no changes to the portion of Northlake client portfolios dedicated to the […]
Liberty Capital Makes a play for Barnes and Noble
Liberty Capital (LCAPA) is an asset play. The stock trades with the value of the assets it owns including 40% of Sirius XM (SIRI), a double digit stake in Live Nation Ticketmaster (LYV), and smaller holdings in a variety of publicly traded media and telecom companies. LCAPA also owns a few significant private assets including […]
CBS and Virgin Media Momentum Continues
CBS and Virgin Media (VMED), two of Northlake’s larger holdings thanks to excellent stock price performance, reported earnings a few weeks ago. Both companies reported good results supporting the higher stock prices and setting the stage for future gains. Entering the report, I was a little worried about VMED due to strict austerity measures in […]
Continued Stability as Mid Cap and Value Look Good for May
There were no changes to Northlake’s Market Cap or Style model signals for May. The Market Cap model continues to favor mid caps and the Style model still prefers Value. The models have been stable for six months now leaving Northlake clients invested in the S&P 400 Mid Cap (MDY) and the Russell 1000 Value […]
Beat and Raise From Discovery Communications
Discovery Communications reported a strong 1Q11 and increased its full year guidance. Advertising growth picked up from the fourth quarter, aided by improved ratings performance in the US. The guidance increase indicates that there is no slowdown in sight for domestic advertising with the caveat that ratings at key networks (Discovery, TLC, Animal Planet) need […]
Apple Continues to Amaze
I again tweeted comments as Apple held their earnings call. As a reminder, I find that my instant reaction is most valuable as I subsequently read through analyst reports. It was another great quarter with iPhones and Mac laptops leading the way. iPads were supply constrained but management seems quite confident they are getting a […]
Google lays a sour egg just in time for Easter
Google (GOOG) shares are trading down 8% the day after reporting 2011 First Quarter earnings. EPS of $8.08 fell about a nickel short of the consensus of $8.13. Revenues of $6.54 billion were about $220 million ahead of estimates, growing 28% on an organic basis. Despite a tough comparison, this was the best revenue growth […]
Another Month Favoring Mid Cap and Value
Despite great volatility surrounding events in Japan, Libya, the Middle East, and Europe, the stock market ended little changed in March. Northlake held up very well during the volatility just after the earthquake and tsunami in Japan. As the market rallied into month end, small and mid cap stocks once again asserted leadership, helping Northlake […]