Acuity (NYSE: AYI) got hit hard last week due to an analyst downgrade. Roth Capital downgraded the stock to a sell based on President Trump’s threat of a 20% tariff  on imports from Mexico. The analyst noted that a large portion of Acuity’s parts would be affected. It is impossible… Read More

Profit Catalyst Alert holding Brunswick, and put option position Caterpillar, will both report before the open on Thursday Jan. 26. Later that same day, Integrated Device Technologies and call option position PayPal report earnings after the close. I’ll be issuing updates regarding any significant earnings updates for all positions. Camping… Read More

Acuity Brands (NYSE: AYI) missed first quarter (ending November) estimates by 8% on in a report issued Jan. 9. I think the 15% drop in the stock is overdone but emblematic of investors’ fears regarding a slowdown in U.S. building. Management noted a marked drop in orders from small customers… Read More

Ambarella (NSDQ: AMBA) stock price weakened slightly due to rumors that sales of GoPro wearable cameras were weak this holiday season. Ambarella management had already warned that sales of camera chips to GoPro would be light this quarter. The company’s growth is more reliant on sales to drone maker DJI… Read More

Brunswick (NYSE: BC) was initiated with a buy rating by brokerage firm CL King. The firm’s price target is $65, slightly lower than my $67 target. We won’t get any updates from the company until its fourth quarter earnings release in late January. Winnebago Industries, who is a supplier of RV’s… Read More

Brunswick (NYSE: BC) shot up 10% last week under the rising tide of strong consumer confidence. The stock is up 35% since my purchase but is still below my $67 target. Investors won’t have a great read on demand until the company reports its fourth quarter earnings at the end… Read More

A quick note about some of my recent put positions which have been closed at losses. Short selling can be full of bitter pills and we’ve swallowed a couple over the past week. While it is always my intention to find profitable trades, option trades magnify any market move against… Read More

Acuity Brands (NYSE: AYI) coverage was started with a buy rating by Deutsche Bank. The firm has a $300 target on the stock (currently it’s around $251) and loves its “unique competitive advantage” in the lighting market. I couldn’t agree more. Acuity has a full portfolio of lighting solutions that… Read More

The market is behaving oddly calm after a presidential upset that nary a pollster had predicted. In a perverse way, the fact that Trump has shared few details regarding his economic plans gives the market more time to digest the election surprise. Unlike most newly elected presidents, it appears that… Read More

Acuity Brands (NYSE: AYI) is down 10% since supplier Cree announced a dreadful number on Oct. 18. Cree and Acuity’s stocks often trade in tandem which makes little sense. Although both are involved in the LED lighting industry, Cree is primarily a supplier to Acuity, not a competitor. So when… Read More