Author: TurtleCapital

Apple 2017: Exceeding Expectations

Follow the link to read our latest article on Apple. Summary: Market prices imply no future growth and Apple looks attractive on a relative and standalone basis. Even if iPhone sales have peaked there are several business and macro tailwinds for 2017. Forecast for 2017: net sales of $228.6 billion and EBITDA of $74.5 billion. Fair...

Ströer SE & Co KGaA: The Reasons to Sell (ETR: SAX)

Dear readers, Turtle Street’s latest research is on Ströer SE & Co KGaA (ETR: SAX). Please follow the link to read our article. Rating: SELL Target Price: €15 Titled –  Ströer SE & Co KGaA: The Reasons to Sell we argue that management relies exclusively on acquisitions to grow. In our opinion, shareholder money is wasted on mediocre...

Open Sesame: Alibaba’s Forgotten Treasures

Dear readers, Turtle Street’s latest research is on Alibaba Group (NYSE: BABA). Please follow the link to read our article. Titled – Open Sesame: Alibaba’s Forgotten Treasures we argue that investors are mispricing Alibaba’s evolving ecosystem and powerful growth drivers. We briefly introduce the macro arguments that were outlined in the company’s prospectus document before it...

TORC Oil & Gas

Our newest research is on TORC Oil & Gas (TSX: TOG). TORC is a Canadian exploration and production company with an 85% weighting towards oil. Given the recent rebound in oil from the late January lows many energy related equities have taken off. Our report addresses the expected profitability for the next couple of years, the...

Canadian Natural Resources

Our latest research report is on Canadian Natural Resources (TSX: CNQ). With the 40% decline in oil prices many energy sector equities followed suit. Is there any opportunity in quality names with solid balance sheets which are prepared to weather the storm? To read the report which includes a business overview, current investment thesis, and detailed...

Ford

Our latest Investment Idea is an article about Ford Motor Company (NYSE: F). To read our overview of the company’s performance, the current investment thesis, and our twelve month target follow the link.