Stock Talk - Tim Holland, TAMRO
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Tami Luhby, CNN MoneyTami Luhby, CNN Money
out there. All my family is out and Antarctica there in -- hockey players all these Bruins players that you love -- -- where you think they're from either from you figure from Massachusetts. What -- -- the American players on the crossed amber is here now so why. Why did you leave. My dad a transfer okay Kampman you'd still be their -- guys that are not facts you'd go back tomorrow -- if you. The problem is I'm not a good enough occupier he it to be. Saskatchewan. Produces more hockey players per capita than any other place in the world to -- a -- paid attention the past couple weeks. But supposedly the number one hockey player in the world it turns out. He's not that Iraqi player you know he is that it is just that the other Canadian playing against -- is a better player. -- birdie is a better player than Sidney Crosby . When he doing and you look at the game of hockey -- get ready looks at the offensive side of hockey chemicals that yet now it's a two -- game you gotta be of the play defense Sidney Crosby can't play defense he sucks and the defense he's he's he's a wimp. And he doesn't play. That's an uncle Chris Chelios . Give me a belt made him but he running each. Is. Like rich rich this is embarrassing to to stop that knowing that Jack and Roenick now. Wage on the island -- got your -- -- these. Players I sound yet I've actually her -- The hall of famers I mean it the best like Bobby or he's from Canada and -- now he's from Saskatchewan. Wayne Gretzky he's from -- In isolating it like that's your national sport that you didn't see any baseball players made it in the -
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
Casey Ross, Boston Globe, on PriceWaterHouseCooper's
right now are taking a look at the waterfront -- the new real estate option. Then moving to a different officers bank put you know they want to establish -- -- exciting new abandoned building and so. The seaports and interest and opportunity that drawing a lot of companies trying to. Why I think I like the financial district to that what's the big attraction of the seaport area you name it may be a mess it's. Poll. It's cheap and it's that's the main thing is that you know right up there looking around at look at okay -- and I moved to and another office building downtown and I stay put. You know that the currently rate or should I mean he moved to the seaport there's a -
Shawn Kravetz, Esplanade Capital
Shawn Kravetz, Esplanade Capital
been and then. We'd like to buy the whole company and then negotiated transaction . Do you own any shares in the company now. We do we heard the second largest outside shareholder. The family owns roughly 90%. Of this company. DE Shaw. Very very large hedge fund in New York City is the largest outside shareholder and we are number two. Why panel why they're why they hesitating to solitude they must feel that the shares are worth Maurizio I think I can conclude. Well. I don't wanna speak for them but I suspect you're right on the money. They had no idea that and they know there's a lot of value there. And I guess they're confident that someday they will get that we would like to help shareholders get that values sooner rather than later. Because. We thought the assets -- well. You made the statement that you feel the -
What's Up On Wall Street - Andy Cinko, Bloomberg News
What's Up On Wall Street - Andy Cinko, Bloomberg News
we asked a question of the day which had to do with Social Security And collect your Social Security for retirement age or are you going to collect literally. 73%. Of Americans collect their Social Security early in the vast majority of cases I think that's a mistake but people do it for any reasons. When I came up with June and I think is a good idea for us to talk about is you know we're sitting here and and and acting all high and mighty. As it relates to this discussion about Social Security in the back the matter is we have access to tremendous resources on this topic whether the courts are now ski. Who worked for the departments of security for 37 years or whether it's Chris Farrell was a reporter for Bloomberg we have access to a lot of data. What I would like to do is make this information on Social Security Tips to maximizing -- worst Social Security benefits I'd like to make it available to our listening. I think it's they I think it's important. You know people refer to it I think some 97 -- as areas of securities of Ponzi scheme this. I disagree with you respectfully -- disagree with you but you know -- more importantly. Please educate yourself on Social Security Call this phone number it's 508591. 5444. Asked for the guide about Social Security tell the I would pay -- wanna learn more about Social Security Barry seems to know a lot you know why I read a -- I studied this stuff every day it's what I do for a living. 5085915444. Is the number you should call. Call them. Tell -- you're listening to the financial exchange and you want to learn more about how he can maximize your benefits. Out of Social Security I think you'll be glad you made the call I know I was glad when I read the report on Social Security Maybe a more informed consumer. 5085915444. Up next Sean Kravitz he's the president of a hedge fund. That has been trying for
Automatically Generated Transcript (may not be 100% accurate)
You've got three stocks are going to be talking about this morning we're joined by Tim Holland from Tim -- capital he's the portfolio manager over there Tim welcome to the show Gloria this morning. I'm doing well Barry -- certainly are. -- to appreciate your time hey let's take a look at your first pick Chico's FAS incorporated. The symbol for Chico's -- CHS and trades on the New York Stock Exchange where do you like Chico's. -- it's them all right here so that's true we call laggard. Camera -- partners there it is either leader record -- but often. Where market new management team. -- are improving profitability improving merchandise in you know connecting with the customer. And in the court precedent. An older. American woman American mother. Is if you will is really we believe are coming back to the stores area's economy it's better. You know the last person to come back out our experts tend to -- the American mom because -- family first it's a cute and be a bit more conservative. Is. And there's things get better she knows better start again companies decided straight out remembered -- -- I -- this is a play on an improving overall economy. -- Domestic base in the exclusively -- -- basic and again geared towards that middle age and up American woman I think they're great product. They've they've done a great to have improved productivity but again we think their core customers really finally coming back to the stores. -- let's now evaluate MDC holdings incorporated. Yeah this is trading at 39 dollars and 45 cents a share it's down a dollar today is this a good time to buy it. We're very good start on NBC holdings -- one of the largest homebuilders in the country it's based in Colorado. It's run by the persons found that forty years ago very well capitalized. Arctic -- from the ballots -- ability to -- -- land. Entitled land and build on land as the and housing market comes back. And so. We've been -- -- -- -- about a year that we think the market turned back half of last year when the reasons were bullish on the consumer. Is because we think housing prices are going up and are going down anymore as we wanted to sort of focus on those better run. Took it straight home builders that have the capital. To participate in an up market because Lance could become more expensive not less expensive. T need the dollars to buy the -- as they say in NBC's world ran well capitalized company that can do that. And they just reported earnings results earlier this. Are they -- -- the Tim how are they gonna manage the rising commodity prices. You look at the price of timber virtually anything to go into the construction of -- house going up. Very fast. Chair -- mum lumbered up dramatically and and and and and that's partly in large part because housing is gone. Better so they do have some input cost inflation. Labor is a bit more manageable though if you think about all the folks get laid off. Simply drop the tablet made it out and went -- so they're not in as much pressure on the labor side. But you're absolutely right there on the on the commodity costs and input costs those -- But what are upset that -- Wright is as the value of the land goes up the -- perhaps those. That increase in price. Should hopefully more than offset. The input cost and again -- still pretty manageable because even with a decent jobs number today but a lot of folks that you make a living. Swing and anger -- -- in adversary. That are still looking for work. All right now looking at Macy's this is your third pick of the day. Are earning three dollars a share their pretty stingy with their dividend you know they they make three dollars and sixteen cents a share earnings and they only pay out eighty cents why -- -- treat. Well I don't know if they're they're they're so cheap I I think. I think think about Macy's as my expected Chico's is it was a multi year. Turn around market right to validate all of the regional chains they brought under Macy's and Bloomingdale's of the art department store operator. In the country now. And again their court press. 65% give particular revenues term by female apparel accessories to look at it that. Sort of American mom comes back to the stores basic benefit. Profitability is -- in Europe in the yield. At at the current price of around forty dollars and an -- and just under. 2% right so there's room there. And I wouldn't be surprised overtime attorneys continue to increased value -- that dividend pay out but but it must think she does it's very possible turnaround plan. They've proved distort the truth to merchandise. -- outer core customer is coming back in effect continued -- -- what position. I -- great job appreciate your time. Sure -- and it's Tim Holland from two camera capital portfolio manager there. Let me give you his three next once again Chico's the symbol CH yes. MDC holdings the symbol MDC. And of course Macy's the symbol that one pretty easy to remember symbol for Macy's is M.
