Tag Archives: Efsinvestment

Bank Of America Reaches New Highs After Settling With MBIA

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By Osman Gulseven:

Bank of America (BAC) finally agreed to settle its 5-year mortgage fight with MBIA (MBI). The settlement entitles the bond insurer, MBIA, to a payment of $1.6 billion from Bank of America. In addition, Bank of America will pay back its other debts to MBIA. It will also extend a $500 million credit line to MBIA.

After the news came out regarding the settlement, MBI shares soared by a staggering 45%. The stock soared to $15.45 during intraday trading before it eventually settled down and closed at $14.29. It currently trades around $15.

Bank of America shares also jumped by 5.2% from $12.24 to $12.88 on May 6, 2013. Intraday trading saw BAC shares peak at the 52-week high of $12.89 per share. The settlement boosted the investors’ confidence in Bank of America. It was taken as a sign of the bank’s initiative to resolve all legal


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Nokia: Not Enough Luck With The Lumia

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By Osman Gulseven:

This article will determine whether an investment in the Nokia Corporation (NOK) can provide a positive return. To this end, this report includes a comprehensive Pro and Con analysis for Nokia, as well as both financial and non-financial evaluations. Such investigations have been conducted using investor ratios, and reviews of company management, style, and competitor policies.

Summary

The Finland-based cell phone maker is currently facing considerable obstacles. Most notably, Nokia’s revenues are falling. Meanwhile, interest expense is increasing, indicating that the company’s debt is on the rise. Competitors have also made it difficult for Nokia to retain its market share.

Yet, the company is currently introducing a new smartphone series with the potential to improve Nokia’s present condition. Analysts all agree that this new line must be successful if Nokia wants to regain its prior profitability. Nokia’s smartphone sales have not been as impressive as expected for quite some


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How Much Is AT&T Worth?

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By Osman Gulseven:

By Cagdas Ozcan

AT&T (T) is a leading provider of communications services in the country. The company has strong presence in several states where customers use AT&T-branded telephone, Internet, and VoIP services. In addition, AT&T sells digital TV under the U-verse brand. AT&T’s stock has experienced a steady rise in 2013, and the stock has gained about 10% since January. Does AT&T have any upside left? In order to assess the future growth potential of the stock, we decided to use our fair value model to see what the fair value of the stock is. Details of the model and results are discussed below.

As of the time of writing this article, AT&T stock was trading at around $36.47, with a 52-week range of $29.95 – $38.58. It has a market cap of about $198.5 billion. The trailing twelve-month P/E ratio of 28.90 is above the forward P/E ratio


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How Much Is Qualcomm Worth?

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By Osman Gulseven:

By Cagdas Ozcan

Qualcomm (QCOM) is currently operating in an extremely attractive market. This chip manufacturer is supplying chips to some of the biggest smartphone manufacturers in the world. The smartphone market is currently experiencing a boom, and the growth is not expected to slow down in the near future. As a result, there is going to be a substantial demand for Qualcomm products in the future. While this growth is expected to slow down in the future, we still think that the stock is undervalued. Therefore, we decided to determine the fair value of the company using our fair value model. Results of the model and assumptions are discussed below.

As of the time of writing this article, QCOM stock was trading at around $65.50, with a 52-week range of $53.09 – $68.87. It has a market cap of about $112.4 billion. The trailing twelve-month P/E ratio of


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3 Dividend Stocks For A Safe Retirement Portfolio

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By Osman Gulseven:

By Siraj Sarwar

In the low interest rate environment, retirees can achieve far higher returns through investments in high-dividend stocks than by sticking with government bonds. While the conventional wisdom is that such stock investment exposes investors to higher risks than are encountered through the purchase of bonds, much of this risk can be minimized by the careful selection of companies with strong fundamentals indicating the financial health.

Such sound high-dividend stocks worthy of investment are characterized by the presence of good cash flows to give support to dividends. Consistently stable cash flows benefit investors even if the capital appreciation in such stocks tends to be lower. Investment in these kinds of stocks can also have the effect of lowering a portfolio’s volatility. In the context of markets turning bearish, having such high-dividend stocks in a portfolio translates into having highly valuable assets.

In this article, I pick three companies


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