Pat McKeough

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.

As early as 1980, Pat was recognized as #1 in the world of published investment advice by the Washington, DC–based Newsletter Publishers Association, and he was the first multi-year winner of The Globe and Mail’s stock picking contest.

Both CBS MarketWatch and The Hulbert Financial Digest recognized Pat as one of North America’s top stock analysts. The Wall Street Journal called him “one of only four investment newsletter advisors who have managed to serve their readers well over the long haul.”

A best-selling Canadian author, he wrote Riding the Bull, his 1993 book that predicted the stock-market boom of the last half of that decade. Through his many television appearances, he is well-known to investors for his insightful analysis and his candid, unpretentious style.

Bottom line: Pat’s conservative, reduced-risk strategy is a proven approach to safe investing.

Birchcliff Energy will cut spending on oil exploration and development by 45% to protect cash flow in this down market
Amex revenue fell 4% last year but a plan to sell its Costco loans and reduce expenses by $1 billion should raise earnings
NISSAN MOTOR CO. ADR $19.90 (Nasdaq symbol NSANY; TSINetwork Rating: Above Average) (310-771-3111; www.nissanmotors.com; Shares outstanding: 2.3 billion; Market cap: $45.8 billion; No dividends paid) reported that its earnings rose 3.2% in the three months ended December 31, 2011, to 82.7 billion yen ($1.07 billion U.S.) from 80.1 billion yen ($1.04 billion U.S.) a year earlier.

That’s a particularly strong performance in light of the fact that flooding in Thailand cut Nissan’s production by 33,000 vehicles in the quarter. The strong yen also hurt the company’s profits from overseas sales. Even so, the latest earnings beat the consensus estimate of 71.7 billion yen.

Nissan’s sales are rising in all of its markets outside Japan, including Europe and the U.S., as well as China and emerging markets like India, Russia and Brazil. Overall, the car-maker sold 1.2 million vehicles during the quarter, up 19.5% from a year earlier.

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general-electric-co
General Electric Co. is selling 90% of the assets of its financing division. That should free up capital for new joint venture deals focused on renewable energy projects and nuclear power equipment. The company will also use the cash to pay for a $50 billion share buyback. GE is a buy.
GENERAL ELECTRIC CO. (New York symbol GE; www.ge.com has agreed to sell $157 billion in assets of its GE Capital financing division. So far, it has completed transactions equalling $104 billion.
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Asset allocation funds aim to improve returns and/or reduce risk by switching back and forth among stocks, bonds and cash. We think they are likely to hurt your portfolio returns rather than enhance them.
ISHARES MSCI GERMANY FUND $24.15 (New York symbol EWG; buy or sell through brokers) tracks the stocks in the MSCI Germany Index. This index aims to replicate 85% of the market capitalization of the German stock market. The remaining 15% is unavailable for investment, partly due to limitations on foreign ownership. The ETF’s top holdings are Bayer (diversified chemicals), 8.9%; SAP (software), 7.6%; Siemens (engineering conglomerate), 7.3%; Allianz (insurance), 7.1%; Daimler (automobiles), 6.5%; BASF (chemicals), 5.9%; Deutsche Telekom, 5.5%; Munich Reinsurance, 3.1%; BMW AG, 2.7%; Fresenius (health care), 2.5%; Linde AG (industrial gases), 2.4%; Deutsche Bank AG, 2.4%; and Deutsche Post AG, 2.3%....
POWERSHARES QQQ ETF $101.65 (Nasdaq symbol QQQ; buy or sell through brokers; www. invescopowershares.com), formerly called Nasdaq 100 Trust Shares, holds stocks representing the Nasdaq 100 Index, which consists of the 100 largest companies on the Nasdaq exchange by market cap. The Nasdaq 100 Index contains shares of companies in a number of major industries, including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. It does not contain financial firms. The fund’s MER is about 0.20%. It yields 1.4%. The index’s highest-weighted stocks are Apple, 10.9%; Alphabet Inc., 10.2%; Microsoft, 8.8%; Amazon.com, 5.4%; Facebook, 5.4%; Intel Corp., 2.9%; Comcast, 2.8%; Gilead Sciences, 2.5%; Cisco Systems, 2.4%; and Qualcomm, 1.3%....