David Trainer | TalkMarkets | Page 1
CEO of New Constructs, LLC.
Mr. Trainer is a Wall Street veteran and corporate finance expert. He specializes in reversing accounting distortions on the underlying economics of business performance and stock valuation. He is author of more

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How To Find The Best Sector ETFs
Finding the best ETFs is an increasingly difficult task with so many to choose from. How can you choose with so many available ETF’s?
Why Free Cash Flow Is The Most Useful Metric For Investors
Free Cash Flow is an important tool, but the level of FCF can be deceiving. A high FCF could mean that a company is incredibly profitable or that it has limited growth opportunities.
Is Alibaba An Undervalued Stock?
The Chinese ecommerce company is in the news this week after doing over $9 billion in gift sales on China’s “Singles’ Day.”
Rating Change Alert: Groupon
Groupon was downgraded from Neutral to Dangerous this week after a rapid run up in its stock price.
Make Stock Picking A Breeze With ROIC
Return on Invested Capital “ROIC” is the most dependable indicator to have in your investor toolbox.
Investing Basics
A desire to invest is not a good reason. Finding a good company is a good reason.
Danger Zone: Why The Tech Sector Is A Bad Investment
Tech sector ETF providers and mutual fund managers are in the Danger Zone this week.
Why It Was Easy To Predict Allstate’s Earnings Beat
Investment research is the key to finding good investment ideas sooner. Today we discuss four tips to stay one step ahead the masses.
True Funds Cost: Utilities Sector
Over just ten years, 3.13% compounds to over 36%. I think most investors would like to know about such a large additional cost before they put their money into an ETF.
Stock Picking Grades For Utilities Sector Fund Managers
Investors in this sector would be better served buying a basket of Attractive-or-better rated stocks rather than paying fees to funds with poor holdings.
Netflix: The “New Normal” Equals More Downside
Don’t be fooled into thinking the recent drop is a buying opportunity. NFLX remains significantly overvalued.
Stock Picking Grades For Telecom Services Sector Fund Managers
This report shows how well Telecom Services ETFs and mutual fund managers pick stocks. We juxtapose our Portfolio Management Rating on funds, which grades managers based on the quality of the stocks they choose, with the number of good stocks available in the sector.
Stock Picking Grades For Materials Sector Fund Managers
With so few quality Materials ETFs available to investors, 53% of investor assets in Materials ETFs are invested in ETFs with Dangerous-or-worse Portfolio Management Ratings.
Most Attractive/Dangerous Stocks For October
Being a true value investor is an increasingly difficult, if not impossible, task considering the complexity of ever-longer annual reports. Our recommendations are based on diligence.
How To Value A Stock, Step 3: Economic Earnings
When determining the weighting of the cost of debt and equity, we use market values where possible.
True Fund Costs: Industrials Sector
This report focuses on providing investors the true costs incurred when investing in Industrials ETFs and mutual funds.
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