Posts Tagged ‘stock opinions’

Check out Redbox

By: ispeculatornew | Date posted: 08.23.2008 (7:16 pm)

One of the investment strategies Peter Lynch touches on in his book One Up on Wall Street is to invest in companies that that you see every day. For instance, if you notice a new restaurant or retail store is performing really well you should check out the company’s stock (assuming it’s a publicly traded company) and see how the stock is performing. This can lead to potentially profitable investment opportunities.

One company that I have recently checked out is Redbox. If you don’t know the company by its name you have probably seen its DVD kiosks at a McDonalds, Walmart, or Walgreens. I first saw Redbox kiosks a couple of years ago but I never rented a movie from one until a few months ago. Now that I have tried it out I will only use Blockbuster (BBI) as a second option to Redbox. (more…)

Is There Any Money in Internet Search Stocks?

By: ispeculatornew | Date posted: 12.31.2007 (4:45 pm)

One of the first stocks I owned was Ask Jeeves (bought out by IACI – formerly ASKJ) which I bought after the tech bubble collapsed. It was trading at a little over a dollar and the company was quickly growing revenues and earnings. I sold the stock too early but I still made over ten times my money in that stock, a ten bagger in Lynch speak.

Ever since then I have followed the internet search sector to see if another small player could follow a similar path as Ask Jeeves. I’ve followed the second tier search companies for a couple of years and frankly I don’t think there is any money to be made investing in these companies (from a fundamental perspective).

The smaller companies like Looksmart (LOOK), Copernic (CNIC – formerly Mamma.com MAMA), Miva (MIVA – formerly Findwhat.com FWHT), and Local.com (LOCM) are nowhere close to making a consistent profit. If you have ever used their websites you know why. They simply don’t deliver relevant search results. (more…)