This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

GigaMedia Is Launching A Cloud Service And Has $100 Million In Cash

Stocks in this article: BBWCASSCLGXCSHDGIDLBGIGMJMBA

The Covestor Concentrated GARP portfolio had a poor month of returns in February as the model lost 0.7% for the month (net of fees), far less than the S&P 500 Index, which rose by .8%.

The new additions to the portfolio performed well in my opinion, and shock of shocks, we even got a little bump from GigaMedia (GIGM). Regarding the near future, sentiment continues to improve as investors are starting to warm up to the idea stocks are attractive relative to other asset classes.

The lingering question remains about the ultimate inflationary aspects of the various monetary stimulus measures governments all over the globe have implemented.  Near term, at least in the markets view, the positive results outweigh the potential problems.

GigaMedia: With $100 million of cash on the balance sheet, its new Gigacloud business should begin operations in March.  In my opinion, if the valuation would just get to the cash on the balance sheet, the stock would double.

Digital Globe (DGI) is a satellite provider of commercial earth imagery and Information services.  Digital Globe reported four quarter earnings which were better than expected.

CoreLogic (CLGX): The company is an information provider which specializes in data about real estate related industries, including mortgage and default information.  In addition, they provide credit information in a variety of industries as well.  The company reported fourth quarter results and provided guidance for 2013.

Cass Information Systems (CASS) provides information, invoice, and payment processing services to a wide variety of enterprises in the United States. Cass also has a small banking division as well. The company r eported earnings in line with expectations.

Dolby Laboratories (DLB) provides audio and video products for the entertainment industry on a global scale. Much of their revenues come from licensing their technologies on personal computers, laptops, tablets, and smartphones.

In addition, they make sound systems for a wide variety of customers, from movie studios, theatres, and network and satellite television providers.  The company reported earnings which were better than expected estimates:

Jamba Juice (JMBA) is a health food and beverage retailer with a presence in 26 states domestically, as well as operations in Canada, the Philippines, and South Korea. Jamba Juice reported earnings on March 5, 2012 which were in line with expectations. They also announced a new franchise agreement for development in Mexico:

Cash America (CSH) is the largest operator of pawn shops in the United States. The company reported solid fourth quarter 2012 earnings and announced a buyback.

Build A Bear Workshop (BBW): This company provides build your own teddy bears for small children. A value based play on a stock which has been decimated and is dirt cheap. Build a Bear announced fourth quarter 2012 earnings and the CEO is announcing her retirement.  The balance sheet is strong with 45 million in cash and no debt.

To invest in the Concentrated GARP Portfolio, click here:

Yale Bock

Yale Bock

Founded by Yale Bock, Y H & C Investments is a registered investment advisor with the State of Nevada. Yale

null

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,346.78 +151.36 0.88%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,624.3790 +58.2410 1.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs