Luke Neely

Luke Neely


Recent articles

Is GE a Buy Post-Reorganization?

Shares in GE have underperformed for years as the market tries to understand the company's future. To that end, the company has made it known that it's getting back to its roots.

Will Seadrill Need "Evasive Action"?

Recently, JPMorgan Chase’s Daniel Butcher and team said they think “major evasive action will be required to avoid covenant breaches in 2016 or 2017.“

Does Monsanto Have a Margin of Safety at Current Levels?

A recent restructuring announcement, along with slowing revenue growth, is causing uncertainty to surround the company. Shares have dropped 22% over the past 12 months. Is there a margin of safety at current levels?

Is Now the Time to Buy Freeport-McMoran?

Shares in this beaten-down copper miner are down more than 80% over the past 12 months. The company is cutting costs aggressively and is being pressured by activist Carl Icahn. Although the company is priced for failure, the FCX has guided for roughly $2.8 billion in free cash in 2016 after the massive drop in CapEx, which would have shares trading at a P/FCF of <2 at current levels. The stock trades at a P/TBV of 0.39.