Earnings Update Note
Monday, July 30th, 2007
Apologies for the lack of updates recently. Had some personal business to take care of. Some of my favorite names that I’ve written about have reported. Industrial stocks Boeing (BA), ABB (ABB), and my new addition Manitowoc (MTW) had stellar earnings and are the first to bounce back after last week’s selloff. On the other hand, Caterpillar (CAT), Johnson Controls (JCI) came in slightly below my expectations and I was definitely disappointed in favorite tech Akamai Technologies (AKAM), and not just because Akamai slid more than 20% after earnings. Read the rest of this entry »
