Buy Itron Inc. (NASDAQ: ITRI). Today we add a second holding from Marcato Capital: Itron (NASDAQ: ITRI), with a market cap of just $2.6 billion. Marcato has just reported that it more than doubled its position in ITRI in the fourth quarter, making the stock vault all the way up… Read More
Scott Chan moved from China to the U.S. with family at the age of ten. He passed the rigorous entrance exam and attended the merit-based Stuyvesant High School, widely held to be best public school in New York City. He earned undergraduate degrees from New York University followed by an MBA degree from the Zicklin School of Business at Baruch College.
Shortly thereafter Scott partnered with Dr. Stephen Leeb on numerous financial publications. Today, he serves as the lead analyst for Real World Investing and The Complete Investor.
Mr. Chan is an avid baseball fan and enjoys outdoor activities in his spare time. A multicultural person, he reads Chinese and speaks fluent Mandarin and Cantonese Chinese.
This has been a very rough week. Monday in particular saw the worst one-day percentage drop for the S&P 500 since 2011 when the euro zone debt crisis rattled markets. Compared to the general lack of volatility in recent times, the week feels especially jarring. Last Friday’s monthly jobs report… Read More
Real Estate Investment Trusts (REITs) were created by law in 1960 in order to give regular folks a way to own real estate. REITs pool together investors’ money to invest in real estate properties. By owning shares in a REIT, an individual investor owns a small piece of the real… Read More
Despegar.com (NYSE: DESP), our latest portfolio addition, is a leading Spanish language online travel agency, headquartered in Argentina. It has been nicknamed as the “Expedia of Latin America.” Expedia also owns roughly 14% of Despegar and has been speculated as a potential buyer of the company. Although Despegar, whose name… Read More
Yesterday, TAL Education (NYSE: TAL) delivered an earnings beat and the share price took off. The stock gained 17.7% for the day. The share price had marched downward in the days leading up to the earnings release. Some investors worried about disappointment. However, TAL’s results showed the worries were overblown. Read More
Buy Despegar.com, Corp. (NYSE: DESP). Today we add to our portfolio a stock that has been on our watch list. Tiger Global Management, one of our favorite funds to follow, was already a major owner when Despegar.com (NYSE: DESP) was still a private company. The company IPO’ed four months ago,… Read More
Synchrony Financial (NYSE: SYF) reported fourth-quarter results on Friday morning and the stock gained about 3%. The share price had declined a little in recent days, probably due to investor concern that the company may announce some credit-deterioration news, which could lead to a sharp price drop after. They remember… Read More