Last week kicked off earnings season for me. The first out of the chute was INTC. And while they disappointed, as I mentioned with their run up the couple days pre their earnings announcement, they are actually okay.
This evening, CA has become my second stock to report earnings. CA may be my least discussed holding, but like ABC, it has quietly made me a bunch of money. I bought them last February in my MFI tranche at $25.07. Toss in a buck for earnings and their closing price of $34.31 and I am up a cool 40% (market is up 25%). But their earnings appear most excellent. As I type this, they are trading up another 9%! Skimming through their press release, I do not see obvious reason for the spike, but hey, I am not complaining. I guess it is their guidance! Woo-hoo! That February tranche (even with NUS crash) will be one for the ages!
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