Posted on 7/24/20
IBM: Resilience Demonstrated But Gross Margin In Cloud Declining
IBM (IBM) has been an interesting stock to follow since the Red Hat acquisition. No doubt Red Hat is a superb company, which was able to . . .
Posted on 7/17/20
Philip Morris: 50% Upside Driven By Margin Expansion From Growing IQOS Mix
SummaryWith the end of shelter-in-place orders, IQOS PoS commercialisation effort can continue to drive growth.Due to IQOS margins being 1.68x traditional cigarette margins, if IQOS becomes . . .
Posted on 7/16/20
Philip Morris: 50% Upside Driven By Margin Expansion From Growing IQOS Mix
In light of the coronavirus pandemic, we were overweight the consumer staples sector with a focus on big tobacco. Besides precedent for resilience of this sector . . .
Posted on 6/1/20
Pfizer: Set Limit Orders No Higher Than $33.94
SummaryThe Upjohn split-off will be happening at some point in the second half of 2020, unhampered by COVID-19.Generics businesses command high margins, so even at lower . . .
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