Investment Management Associates

Is Your Dividend Merely a ‘Shiny Object’ to Investors?
Investor Relations

Is Your Dividend Merely a ‘Shiny Object’ to Investors?

Coca Cola epitomizes a frequent truth: that the value of dividends paid by old, mature companies can be wiped out by stagnant revenue and profits.
By David McCann | February 17, 2020
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Why an Investor Soured on Softbank
Investor Relations

Why an Investor Soured on Softbank

Vitaliy Katsenelson revered Softbank's founder and thought he'd own the company's stock for decades. Why he changed his mind is instructive for CFOs.
By David McCann | November 1, 2019
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Uber’s IPO: Better Than You Thought
IPOs

Uber’s IPO: Better Than You Thought

While media reports proclaimed the ride-sharing service's initial public offering to be a failure, it really wasn't.
By David McCann | July 19, 2019
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Big Health Care Companies Are Undervalued
Investor Relations

Big Health Care Companies Are Undervalued

McKesson and Walgreens are strong, healthy companies, despite recent downturns in their stock prices, a CEO in the investment field says.
By David McCann | July 1, 2019
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Is Value Investing Dead?
Investor Relations

Is Value Investing Dead?

Maybe not, but investors historically on the value side are now buying more stocks on the growth side of the market. But should they be?
By David McCann | June 7, 2019
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Softbank’s Investment in WeWork: No Problem
Technology

Softbank’s Investment in WeWork: No Problem

The Japanese conglomerate's investment in a company whose CEO's business dealings are under fire won't derail its continuing success: Opinion.
By David McCann | April 18, 2019
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‘Threats’ to McKesson Don’t Hold Up
Investor Relations

‘Threats’ to McKesson Don’t Hold Up

The drug distributor will remain a value stock despite some perceived threats, including the White House's aim to restructure pharmaceutical pricing.
By Vitaliy Katsenelson | January 25, 2019
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Wall Street’s ‘Short Termism’ Misses the Point
Investor Relations

Wall Street’s ‘Short Termism’ Misses the Point

Beating earnings estimates quarter after quarter doesn't have much to do with long-term shareholder value.
By Vitaliy Katsenelson | January 11, 2019
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Caution: Stocks Are Historically Overvalued
The Economy

Caution: Stocks Are Historically Overvalued

Investor relations professionals should prepare for what's eventually inevitable: a reversion to the mean for stock prices.
By Vitaliy Katsenelson | October 24, 2018
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Why Amazon’s Stock Isn’t as Great as You Think
Investor Relations

Why Amazon’s Stock Isn’t as Great as You Think

For CFOs wanting to understand investor behavior, here's an argument that Jeff Bezos is human, after all, and Amazon can't defy basic economic principles.
By Vitaliy Katsenelson | August 30, 2018
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Three Questions to Ask about Tesla
Investor Relations

Three Questions to Ask about Tesla

Will Elon Musk succeed with his strategy of wooing investors with promises for the future and one shiny new object after another?
By Vitaliy Katsenelson | August 1, 2018
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So You Want To Know What the Market Will Do?
Investor Relations

So You Want To Know What the Market Will Do?

Forget it. No one knows what the stock market will do in the short term, and if someone says they do, they're a liar.
By Vitaliy Katsenelson | June 18, 2018
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Is Exxon Riding Slowly into the Sunset?
Investor Relations

Is Exxon Riding Slowly into the Sunset?

If oil prices remain at current levels, at some point bond investors may no longer be willing to support the shrinking enterprise.
By Vitaliy Katsenelson | May 17, 2018
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How Amazon Could Lose Its Health-Care Bid
Investor Relations

How Amazon Could Lose Its Health-Care Bid

The idea that the online retail-distribution giant could overtake large entrenched drug distributors like McKesson is far-fetched.
By Vitaliy Katsenelson | May 11, 2018
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Investor Explains Doubts about GE
Investor Relations

Investor Explains Doubts about GE

A buy-low strategy would favor going all-in on General Electric, but Amazon may be a better bet, despite its ambivalence on earnings.
By Vitaliy Katsenelson | May 1, 2018
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