Commentary from Undervalued Opportunities portfolio manager Eric Steiman.
Steiman’s 2013 conviction holdings include Yahoo and Zillow.
Look at the numbers, and you see why Facebook is a juggernaut.
I believe in 2012 FB’s mobile revenue will exceed $500 million and should continue to grow strongly into 2013.
One of the model’s notable long positions, SodaStream, gained nearly 25% in the past month.
Tesla has never produced a vehicle under its own power. This will be its first and probably only shot at success.
The company has continued to beat Wall Street’s estimates in each of the past five quarters.
On the short side, I have initiated a position in Bank of America (BAC) after a 30% up move and am looking for some sellers to enter the market.
The fear trade enters the picture and wary investors exit positions based on emotion.