Companies with predictable earnings have historically outperformed because investors value stability and are willing to pay for it. Fortunately, predictable companies are also easier to value accurately using snapshot earnings multiples, but it only works if one spends the time analyzing the income statement and isolating core earnings from reported earnings. Ignoring the anchoring bias of current market prices is the key to value-investing success. Read More
Jim Fink is chief investment strategist for Options for Income, Velocity Trader, and Jim Fink's Inner Circle. He has traded options for more than 30 years and generated personal profits of more than $5 million. Jim also serves as an investment analyst at Investing Daily’s flagship investing publication, Personal Finance.
Hopelessly overeducated, Jim holds a bachelor's degree from Yale University, a master's degree from Harvard's Kennedy School of Government, a law degree from Columbia University, and an MBA from the University of Virginia's Darden School of Business. For good measure, he has been a member of the Illinois and D.C. bars.
Prior to joining Investing Daily, and when not incurring student loans hiding out in academe, Jim practiced telecommunications regulatory law for nine years until he realized that he made more money trading stock options than writing briefs. After attending business school, Jim switched gears to the investment realm full-time, working for a university endowment, a private wealth management firm, an insurance and financial planning company, and as a Senior Analyst for an online investment newsletter service that encourages the wearing of funny hats.
A possible but unlikely descendant of legendary brawler and boatman Mike Fink, Jim defies his heritage, believing that investing success requires patience and analysis, not swashbuckling bravado. Besides his passion for analyzing and writing about stocks, Jim likes to hike in the desert Southwest, vacation in Las Vegas, play tennis, and feed his toddler son Cheerios.
Analyst Articles
In the May issue of Roadrunner Stocks, five new BUY recommendations and five SELL recommendations have been issued. 1. The Value Portfolio is adding energy rig construction firm Gulf Island Fabrication (GIFI) and selling energy proppant manufacturer Carbo Ceramics (CRR).2. The Momentum Portfolio is adding:Communications wholesaler… Read More
The negative divergence between small caps and large caps appears to have been a temporary reaction to the negative first-quarter GDP report. Now that economists forecast a rebound in second-quarter growth, small caps have rebounded strongly, and the stock market is back in bullish mode with the Roadrunner Value portfolio leading the way. Read More
With U.S. GDP growth contracting in the first quarter of 2014, several Roadrunner companies continue to reward shareholders with stock buybacks and dividends while investors wait for growth to return. Read More
A depressed manufacturer of oil drilling platforms is primed for a comeback and the Momentum Portfolio begins its overhaul with the first four sales of price laggards. Read More
In the April issue of Roadrunner Stocks, two new BUY recommendations have been issued. 1. The Value Portfolio is adding agricultural equipment manufacturer AGCO Corp. (AGCO).2. The Momentum Portfolio is adding Chinese internet retailer Vipshop Holdings (VIPS). Read More . . . Read More
Starting now, the Momentum Portfolio will only recommend buying stocks that actually are exhibiting price momentum. Several portfolio holdings no longer measure up. Read More
The stock market continues to hit all-time highs with a Dow theory bullish confirmation, no less. Economic indicators are improving, but some caution is warranted because 2014 is a mid-term election year, which is the weakest year of the four-year presidential cycle. The Value Portfolio is working, whereas the Momentum Portfolio is not, so I will start trading the momentum portfolio much more aggressively to improve performance. Read More
April's two Front Runners focus on emerging-market exposure, which offer more growth than U.S.-focused investments. With the U.S. economy strengthening, it should be safe to jump into emerging markets. The value pick is focused on India, Africa, and Russia, while the momentum pick is a Chinese pure-play. Read More
In the March issue of Roadrunner Stocks, two new BUY recommendations have been issued. 1. The Value Portfolio is adding trucker Werner Enterprises (WERN).2. The Momentum Portfolio is adding veterinary healthcare company VCA Antech (WOOF). Read More . . . Read More