Apple has a lower P/E ratio than do slow-growth companies like Microsoft, Intel, or IBM, but Doug Kass says it's still not cheap.
I agree with Doug Kass that Tesla's stock is overvalued but differ with him on Apple.
I like to read Doug Kass, who gives me great arguments from the other side of the trade. Here are his factors that could affect markets and the economy into 2016: 12 key “big picture” factors Multiple and unpredictable outcomes: There have likely never been in history more numerous market and economic outcomes some...Read More
Submitted by Lance Roberts via STA Wealth Management, Doug Kass - 12 Big Picture Factors Doug Kass recently wrote a piece for TheStreet.com identifying "12 Big Picture Factors" that may weigh on the markets and the economy. First, a little background for clarity. Show More Summary
Markets were upbeat yesterday on news from Europe. As my pal Doug Kass noted, the Dow rose 140 last Monday, was down 330 on Tuesday, +260 on Thursday, -250 on Friday (before finishing -145), while yesterday +228. And today? We have your morning train reads: • Mutual Funds Pick Year When S&P 500 Is Up 1% to Beat the...Read More
Twitter's stock ended up almost 7% on a mixed day for other tech stocks — and the rise seems to be based on a couple of bits of speculation. First, fund manager Doug Kass of Seabreeze Partners made a 2015 prediction that Carl Icahn would take a 9.9% stake in Twitter, which would in turn spark a bidding war between Facebook and Twitter. Show More Summary
Noted Apple (AAPL) bear Doug Kass of Seabreeze Partners today offers up in his daily missives some new-year surprises that might be in store, one of which, an “improbable” one, in his own view, is that his bear thesis might be wrong on Apple and the stock might end 2015 as a must-own name. Kass, who [...]
Doug Kass is a short-seller, and a chatty one, at that, so he can’t help himself when things look like they finally might start to turn his way. Like next year, for instance, a “pivot point for the market,” if you will. “The year of reckoning,” even. Show More Summary
Aaron Task did a nice video interview of famed short seller Doug Kass on Yahoo! Finance. I am waiting to pull the trigger, says Kass. Kass’s contrarian views are well known on Wall Street. Last December, he predicted that global economic...Show More Summary
Here is Doug Kass' latest: "The Day the Market Died" (to be sung to the tune of Don McLean's " American Pie" and with special recognition to Sean Brady and Tom Kearney who originally presented this concept after the Nasdaq blew up in 2000). Show More Summary
Seabreeze Partners‘s Doug Kass, a noteworthy bear on Apple (AAPL) of late, today took exception to the optimism about Apple’s business shown by Carl Icahn in an open letter the latter published addressing Apple CEO Tim Cook. Icahn thinks the stock is worth $203 per share, rather than a recent $102.07, and in support of [...]
Bill Gross’s departure has sent up Janus Capital’s (JNS) stock more than 33% in trading Friday, but Seabreeze’s Doug Kass thinks that investors should be piling into Oaktree Capital (OAK) instead. Kass writes that the move is the latest blow to Pimco, which is already dealing with redemptions and regulatory problems, and that investors may leave the fund, even [...]
Over at TheStreet‘s Real Money Pro today, Doug Kass of Seabreeze Partners pens a riposte to my article in Barron’s print edition this week that took issue with his negative thesis on Apple (AAPL). (Subscription required to read Real Money Pro articles.) I continue to have the impression Doug is an astute market watcher, and has [...]
From Woodstock to Wall Street Doug Kass Real Money, Aug 18, 2014 | 9:00 AM EDT What a long, strange trip it has been. Well I came across a child of God, he was walking along the road And I asked him tell where are you going, this he told me: Well,...Read More
Shares of Whole Foods were up more than 4% in morning trade following rumors that Carl Icahn has taken a large stake in the company. The rumor was first reported by theflyonthewall.com. Noted investor Doug Kass also commented on Twitter...Show More Summary
Inquiring minds want to know: What is up with Yields ? Yesterday, Seabreeze Partners fund manager Doug Kass sent me a Bloomberg chart showing the 20 lowest developed nations’ 10 year bond yield. Astonishingly, the United States is number 16. The US Treasury 10 year bond yields a little better more than Norway (#15),...Read More
Fund manager Doug Kass, who runs Seabreeze Partners, writes in a new Street.com column that he hasn't been invited back on CNBC because of comments he made in a New York Post article last August. Kass, who has been a regular guest on...Show More Summary
Doug Kass put together this great list of amusing videos: Melissa McQueen and Hot Box, “All I Want for Christmas Is Jews” (parody of the famous Mariah Carey song); Darlene Love, “Christmas Time for the Jews” (my favorite, “Saturday Night Live”); Adam Sandler, “The Chanukah Song” (“Saturday Night Live”); Steve Martin, “A Holiday Wish” (“Saturday...Read More
Trade universe for tomorrow MUB daily. A possible trendline break. Some love for CEF Munis from Doug Kass. Inconceivable.Good trading and great risk management to all.Educational use only. Never intended as investment advice.
Well, that was fast. h/t Doug Kass