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Two Safe Ways to Profit From the "Alibaba Shockwave Effect"

In the mid-1990s, I was fortunate to meet and start working with an Upstate New York money manager named Anthony M. Gallea.

The relationship began when I attended and wrote stories about some of the investment seminars he periodically held for prospective and existing clients. He then became a “source” for some of the investment stories I periodically wrote for Gannett Newspapers. And we ultimately collaborated on a pretty successful book about “Contrarian Investing” that was published by Prentice Hall.

Along the way, Tony shared some pretty important snippets of investing wisdom…


Zacks- Money Morning - Only the News You Can Profit From.

  • Can Anything Stop These Soaring Southeast Asia ETFs? – ETF News And Commentary

    The Association of Southeast Asian Nations, or ASEAN for short, and their economies have had a long tradition of enticing investors from all over the globe. This is because the market is an attractive destination for domestic and foreign investors thanks to solid growth rates, booming populations and generally good governance when compared to other […]

  • ECB Rate Cut: How Did It Impact Euro ETFs? – ETF News And Commentary

    The European Central Bank (ECB) took its first step in ten months to avoid falling into a deeper recession by cutting its benchmark interest rate. The interest rate, which was last changed in July 2012, has now been reduced by a quarter percentage point to a record low of 0.50%. Also, the marginal lending rate […]

  • US Cellular to join iPhone Club – Analyst Blog

    In an attempt to revive its declining postpaid business, small wireless carrier, United States Cellular Corp. (USM) has tied up with Apple Inc. (AAPL) to sell the latter’s iPhone starting this year. Though U.S. Cellular has not divulged the date and the specifications of the model, the fifth-largest U.S. carrier promised to buy $1.2 billion […]

  • Bull of the Day: CBOE Holdings (CBOE) – Bull of the Day

    Although financials continue to lead the market higher, newer segments are taking the reins in Q2. In addition to smaller regional banking institutions, many investors are seeing solid performances out of firms in the exchange business, such as CBOE Holdings (CBOE). While probably less famous than fellow Chicago-based exchange CME Group (CME), CBOE has been […]

  • What Now for the Market? – Ahead of Wall Street

    Monday, May 6, 2013 With the Q1 earnings season now largely behind us and not much on the economic calendar either, stocks may struggle to sustain the momentum from last week in the absence of a catalyst. We should keep in mind however that the market’s push into record territory has not been driven by […]

  • FleetCor Reports Strong 1Q Earnings – Analyst Blog

    FleetCor Technologies, Inc.’s (FLT) first-quarter adjusted earnings of 90 cents breezed past the Zacks Consensus Estimate of 77 cents. Results were up 50% year over year from 60 cents earned in the year-ago quarter. Including the negative impact of $10.5 million or 13 cents per share from stock based compensation, amortization of intangible assets, amortization […]

  • Accenture Wins Deal from SSAB – Analyst Blog

    Technology and outsourcing company, Accenture Plc. (ACN) has recently won a seven-year business process outsourcing agreement from a Swedish Steel manufacturer, SSAB. Accenture would provide finance & accounting, customer care and procurement services to SSAB. As per the agreement, Accenture would provide the much needed support to SSAB across selected operations in Europe and help […]

  • Ocwen Reports Record Earnings – Analyst Blog

    Though Ocwen Financial Corp (OCN) lagged the first-quarter 2013 Zacks Consensus Estimate by approximately 15%, it reported record earnings. The company’s adjusted earnings came in at 64 cents per share, up from the prior-year quarter number of 25 cents. On a year-over-year basis, the results benefited from impressive top-line growth and a rise in interest […]

  • MoneyGram Beats Earnings, Rev High – Analyst Blog

    MoneyGram International Inc. (MGI) reported first-quarter 2013 earnings per share of 27 cents, modestly higher than the Zacks Consensus Estimate of 24 cents and the year-ago quarter earnings of 23 cents. Operating net income in the reported quarter excluded negative impacts of recent debt financing of 39 cents per share, restructuring and reorganization costs of […]

  • NII Holdings Posts Loss – Analyst Blog

    Latin American wireless operator, NII Holdings Inc. (NIHD) declared dismal financial results for the first quarter of 2013, missing both the top and bottom line of the Zacks Consensus Estimate, hurt by higher churn, weaker exchange rate, lower ARPU and higher operating expenses. On a GAAP basis, net loss in the reported quarter was $207.5 […]