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TOM LEE: Stay Away From These 9 Stocks

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Tom Lee

Fundstrat Global Advisors' Tom Lee has screened the market for stocks that he believes are going nowhere or going down.

He found nine.

"The nine avoid ideas are based on the seven industries with the greatest positive dislocation and hence more likely to correct," Lee wrote in a note to clients.

All of the names on the list are in the electric utilities industry. They have a price-to-earnings ratio (2015 estimate) of greater than 15x and free cash flow yield of less than 2%.

Lee believes the S&P 500 and Dow Jones Industrial Average could double in five years. But these nine names are expected to be a drag.

Pepco Holdings, Inc.

Ticker: POM

Current Price: $27.00

Upside: 0%

2015 Expected P/E Ratio: 20.5x

Comment: Pepco Holdings shareholders voted to approve a merger with Exelon Corporation in September, expected to form the largest electric and gas company in the Mid-Atlantic region.

Source: Fundstrat



Portland General Electric

Ticker: POR

Current Price: $35.62

Upside: -0%

2015 Expected P/E Ratio: 15.7x

Comment: Portland General's Q3 profit is expected to rise 20% to 48 cents per share. It will report earnings before market open on Tuesday.

Source: Fundstrat 



Pinnacle West Capital Corporation

Ticker: PNW

Current Price: $59.10

Upside: -1%

2015 Expected P/E Ratio: 15.3x

Comment: The company is based in Arizona, and its subsidiary, APS, is a leading producer of solar technology.

Source: Fundstrat



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10 Famous Musicians' First Jobs

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Gwen Stefani mtv vmas

Somewhere a 17-year-old kid is working the fry machine at a fast food place, convinced that someday the music he’s writing in his head as he doles out fried goodness will make him one of the most famous, wealthy, and acclaimed people on the planet. It may sound crazy and it may sound delusional, but the truly crazy thing is that he might just be right.

Check out the humble first gigs >>

Whoever your favorite artist is, we can pretty much guarantee they didn’t grow up the son or daughter of a millionaire. Even some of the biggest names in the game once held down a 9-to-5 working the same kind of thoroughly unglamorous jobs so many of us have sweated through. So take heart, young fry cook. If J. Cole could start out as a bill collector and end up on songs with Jay Z, there’s hope for you yet! For even more inspiration, here’s our list of jobs now-famous artists once held down.

More From Green Label:

Common: Ball Boy For The Chicago Bulls

In 2010, Common graced the silver screen playing a professional basketball player in the movie "Just Wright," and if it looked like he was a natural on the court, that’s because his life has run parallel to the NBA almost from the beginning. At the tender age of 11, a very young Common landed a prize gig as a ball boy for his hometown team, the Chicago Bulls.

Actually, his first year, the gig wasn’t particularly prized since the team was struggling, but the next year, this one guy named Jordan — perhaps you’ve heard of him? — showed up and Com got a front row seat to watch greatness blossom. You have to believe watching Michael in his prime inspired Common to strive to be one day be the greatest in hip-hop as well. What were you doing when you were 11 years old?



Jack White: Upholstery Store Owner

The art of upholstery seems like an outdated craft nowadays, but maybe that’s exactly why Jack White was so drawn to it. As a musician, he’s made his name reviving some classic American music, and as a teenager, he apprenticed at an upholstery shop, one day going on to own his own establishment, Third Man Upholstery. As the furniture business hummed, White’s music as half of The White Stripes also took off, and he was eventually forced to leave it behind for the life of a rock star.

However, his upholstery past lived on through the name of his record label, Third Man Records. What’s more, according to White, he occasionally hid rare records inside the furniture he worked on. Don’t get crazy, though. We’re not saying you should tear up your couch on the one in a million chance you’ll discover a Jack White record.



Eddie Vedder: Night Security Guard

Night security guard isn’t a job for your average joe. Staying up all night keeping potential thieves at bay isn’t for everyone, and it turns out, it really wasn’t for Eddie Vedder either. The Pearl Jam frontman once finished a government-funded security guard training program and landed a regular job that he once said during a fundraising speech in Tampa, “allowed me to keep affording guitars and microphones."

As soon as Pearl Jam began to gain even a little bit of traction, Vedder bolted for the greener pastures of rock stardom. Still, he credits that early job with teaching him how to stay disciplined and work with others, skills that would help him navigate his band through the treacherous waters of the music industry. Maybe we should all consider working as a security guard, at least for a while.



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How E-Commerce Is Finally Disrupting The Massive $600 Billion Grocery Industry [SLIDE DECK]

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bii retail sales volume

Since the early days of the internet, entrepreneurs have dreamed of moving grocery shopping online. It's finally starting to happen. 

We've created these slides to preview our report on how e-commerce is finally beginning to carve up the groceries market, the biggest untapped e-commerce opportunity. Americans spend $600 billion a year on groceries, the largest retail category by far. Less than 1% of those sales occur online. Same-day delivery services, specialty grocers, and meal-preparation businesses will drive fast growth in online groceries — much faster rate than offline.  

BI Intelligence is a research and analysis service focused on e-commerce, mobile computing, digital media, and payments. Only subscribers can download the full report on e-commerce groceries as well as the individual charts and datasets in Excel, along with the PowerPoint version of this deck. Please sign up for a free trial here.







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21 Depressing Photos Of Kmart Stores

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Dead Kmart

Kmart is in trouble.

Sears Holdings, Kmart's parent company, has closed more than 300 Sears and Kmart stores since 2010, and the company has announced plans to close even more.

Photographer Nicholas Eckhart has been tracking Sears and other struggling retailers for years on his blog Dead And Dying Retail.

We compiled his images of Kmart stores that have been abandoned or appear to be struggling.

This former Kmart store in Elyria, Ohio, has been closed for a decade, according to Eckhart. "This store closed in the 2003 wave of Kmart closures, but oddly left all store fixtures besides shopping carts and signs that said 'Kmart' behind," he notes. This was formerly the pharmacy.



Here's another shot from inside the Elyria Kmart, where Bargain Warehouse now occupies part of the space. Signage for Kmart's old cafe remains on the walls.



This former Kmart location in Toledo, Ohio opened in 1967 and closed in 2006.



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Here Are Some Of The American Adults Who Started Live-Action Role Playing And Never Stopped

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LarpPort (3 of 6)

A few weeks ago, I visited Alliance, one of the oldest live-action role-playing (or LARPing) groups in the US, where I met people in their 20s, 30s, and 40s who've made LARPing a central part of their lives.

The LARPers included both diehards and the newbies. Every year, Pennsylvania-based Alliance sees around 50 to 100 new faces. According to Todd, a higher-up in Alliance, new players tend to be college-age or recent graduates. These players usually stick around for three or four years before dropping the hobby, but about 10% become “lifers” — people whose dedication can be measured in decades, not years.

For the lifers, LARPing becomes their main social outlet. According to Michael Ventrella, a founder of Alliance, dating is common among LARPers and there have been more than a few weddings of people who met there. Some of the veterans have been around for so long their kids sometimes come to events.

While visiting Alliance, I met players who work in biomedical engineering, tech, insurance, cybersecurity, law, healthcare, and accounting.

Here are few of the people I met:

Joe, Technologist

LarpPort (4 of 6)Joe has played the same character at Alliance for 20 years. He has played in so many different LARP “systems” — from medieval to sci-fi — that “it intimidates other players,” he says. In addition, he participates in Revolutionary War reenactments, playing a drum major in the British Army.

Joe is a character even without his costume, prone to a mischievous smile, a high-pitched cackle, and a sense of humor that amounts to asking yourself constantly, “Is he messing with me?”

He’s coy about his profession, though he says he’s a technologist who works on government contracts in the Washington, DC area. When asked if that means cybersecurity, he shrugs and says, “You could call it that.”

At some LARPs Joe attends, every player is an IT professional with government security clearances. Others are dominated by college students.

Lauren, Safety Professional

LarpPort (6 of 6)

When I introduce myself to a woman named Lauren who works at a major tech company, she tells me, “I wear pretty things and hit my fellow nerds.” 

Lauren grew up in Pennsylvania and attended nearby Binghamton University. At college, Lauren was heavily involved with Humans vs. Zombies, a popular live-action game played at colleges across the US. Humans vs Zombies is basically a complicated, weeks-long version of tag that spans an entire campus. It's kind of like entry-level LARP, allowing players to act out a zombie takeover using sock balls, marshmallows, and foam-dart guns.

“Humans vs. Zombies was huge at Binghamton," Lauren says. "Everyone gets involved, even the police. One time, we had a police officer get out of his car and tell us to try to make him a zombie. We were like, 'Should we try? We might get arrested.'”

After college, Lauren met a few guys who told her about Alliance while attending an anime festival in Baltimore.

“Grown men and women fighting in a remote woods … what could go wrong?” Lauren jokes.

In a short time, Lauren was hooked on the game, making fast friends and constructing elaborate characters. She met her boyfriend Colin at Alliance.

Scott and Tim, Insurance Analyst and Warehouse Supervisor

LarpPort (1 of 6)Scott (right) is an insurance analyst who has been playing for nearly 20 years, and Tim is a warehouse supervisor who's been playing for about eight.

Both have arguably nerdy pasts. Scott originally played "Dungeons and Dragons" in high school and college before a cousin introduced him to LARPing. Meanwhile, Tim found out about LARPing from coworkers at a gaming store. He was initially skeptical but quickly got hooked.

“There’s nothing like being in character the whole time. You get fully immersed,” Tim says.

Both Scott and Tim have since convinced their wives to join in on the fun, after years of trying to get them to play games like "Dungeons and Dragons."

“My wife always thought 'Dungeons and Dragons' was really boring," Tim said, "but when she realized what LARPing actually was — playing a part, sneaking around, fighting and trading, having fun — she was like, ‘This is something I could get into.’”

For Scott, Alliance has helped him learn skills he uses every day.

“I’ve learned leadership skills, resource management, and public speaking,” Scott says. “Before I started playing, I hated public speaking, but my character was a Duke. I had to make speeches. Public speaking quickly got way more comfortable.”

Akiva, Graduate Student at Binghamton

LarpPort (5 of 6)Akiva is a graduate student at Binghamton University, studying Healthcare Systems. He’s been playing since his freshman year of college when he helped start the college’s LARPing club. Before he started the LARPing club, he said, he had “the typical nerd background.”

“I played 'World of Warcraft,' 'Dungeons and Dragons,' read sci-fi books, but when I heard about LARPing, I knew I wanted to do it. It’s a chance to play the game in real life,” Akiva says.

Although Akiva has attended Alliance for several years, like many other students, he saves money by being a non-playable character — someone who attends for free in exchange for being a cast member for the game designers.

“Every time I come, people ask me, ‘When are you going to make a character?’ I give them the same answer every time. When I get a job,” Akiva says.

It's expensive to create a character, according to Akiva, who says a costume can cost thousands of dollars.

“You have to buy in-period clothing, armor, nice boots, bracers, greaves, chain mail, weapons, scabbard, belts, pouches. It all adds up.”

SEE ALSO: We Spent A Weekend Live-Action Role-Playing And It Was A Surreal Experience

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15 Brilliant Quotes That Show The Genius Of Box CEO Aaron Levie

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Box CEO Aaron LevieBox CEO Aaron Levie’s idea to turn an ordinary file-sharing software into the next big collaboration enterprise platform has made him one of the most-watched Valley CEOs in recent years.

Since its founding in 2005, Box has raised over $564.1 million in funding, which now values the company at roughly $2.4 billion. Box is expected to go public by early next year.

Although there’s been some concerns around Box’s delayed IPO, there’s no question that Levie’s vision and leadership have made his company one of the hottest startups in the Valley.

We rounded up some of his best quotes from interviews, tweets, and other sources, which will help you better understand his genius mind.

On speed and efficiency: "I'm obsessed with speed. I'm always asking myself, 'Why can't we do things faster? Why can't it happen more efficiently? Why is this requiring three meetings instead of one?'"

Source



On Box’s working culture: "One of our core values is 'Get s*** done.' We have a very execution-oriented culture. … Another one of our values is 'Take risks. Fail fast.' If we fail fast, we can correct mistakes quickly."

Source



On cloud technology: “There are phases in technology. Mainframe to PC, PC to cloud, to cloud and mobile. These things come around every 10 to 15 years, and we’re in one right now.”

Source



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13 Apps For Getting What You Need, Fast

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Push For Pizza app

Let's face it, sometimes you don't want to leave the house.

Luckily, it's never been easier to outsource thanks to our smartphones, and Product Hunt has curated a collection for when you need something brought to you, and fast.

We've chosen our favorites and added a couple of own.

From your own private security guard to a bottle of wine, you'd be surprised what you can get delivered.

Bannerman lets you get your own private security guard for any occasion.

Throwing a party? Bannerman lets you hire your own private security for the flat rate of $35/hour. All security guards are trained professionals and have been trained in Powers to Arrest, Crowd Control, Emergency Procedures. Just tell the app where, when, and how many guards you'd like, and you'll be greeted by your own security in as fast as 30 minutes.

Price: Free (iOS)



Minibar will delivery your favorite alcohol right to your door.

If you're 21 or older, Minibar is a great way to keep the party going without leaving the house. With a wide variety of wine, liquor, beer, and mixers, it's easy to find what you're looking for, and your order is delivered in under an hour.

Price: Free (iOS, Android)



Push For Pizza lets you summon pizza with the push of a button.

Hungry for a slice, but feeling too lazy to fill out order forms? Push for Pizza has your back. The first time you use the app, just plug in your credit card, address, and pizza preference. After that, all you'll need to do is push the pizza button and wait for the doorbell. Even the tip has been taken care of.

Price: Free (iOS



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The $5 Billion Startup Club: The 9 Highest Valued Startups That You Should Definitely Keep An Eye On

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dollar billsThere used to be a time when a $1 billion valuation was considered a massive success for tech startups.

But in recent years, there's been so many of them that billion-dollar valuations are almost starting to feel routine in tech.

So we've raised the bar and narrowed down WSJ’s “The Billion-Dollar Startup Club” list to companies that are valued at more than $5 billion. 

These startups are transforming our lives and they're definitely worth keeping an eye on moving forward.

#9 Pinterest: “A visual discovery tool”

Valuation: $5 billion

CEO: Ben Silbermann

Founded: 2008

What it does: Pinterest allows users to share/store stuff online by “pinning” images and content.

Total funding:$762.5 million

Notable investors: Andreessen Horowitz, Bessemer Venture Partners, Rakuten



#8 Square: “Start selling today”

Valuation: $6 billion

CEO: Jack Dorsey

Founded: 2009

What it does: Square is a mobile payments company that allows stores to accept credit/debit cards on their smartphones and tablets. Its business has expanded to online invoicing and deposits as well.

Total funding:$590.5 million

Notable investors: KPCB, Khosla Ventures, Citi Ventures, Sequoia Capital



#7 Jingdong (JD.com)

Valuation: $7.3 billion

CEO: Qiangdong Liu

Founded: 2004

What it does: Jingdong is one of the largest e-commerce sites in China. It used to be named 360buy.com. 

Total funding: $2.2 billion

Notable investors: Tiger Global Management, Bull Capital Partners, Digital Sky Technologies



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America's Obsession With Guns In 11 Slides (SWHC, RGR)

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The demand for firearms is going up.

That's what gun-maker Smith & Wesson is telling its investors.

The company just published a new 46-slide presentation highlighting the health of the company and the industry.

It includes tons of information showing America's ever-increasing love for guns.

We pulled the most interesting slides.

The number of background checks for guns has trended higher in most of the last decade.



We just saw the second best May for background checks in history.



There's lots of interest for rifles and shotguns.



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Look Inside The Stunning New Cafe Where Apple Employees Eat Their Meals

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caffe macs alves apple

Like many other big tech companies in Silicon Valley, Apple is known for serving its employees some pretty amazing food.

In addition to its main cafeteria — which is open to the public — Apple operates a number of smaller, more exclusive, cafes near its Infinite Loop campus.

In June, the company opened a gorgeous new cafeteria designed by Foster + Partners, the architectural firm behind Apple's upcoming "spaceship" headquarters. 

The new building is located at the corner of Bandley and Alves Drive in Cupertino. It's gorgeous, with lots of steel-and-glass details that are reminiscent of an Apple store. Only Apple employees are allowed in here.

The new Caffe Macs at Alves opened in Cupertino in June 2014.

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The 21,468-square-foot building was a long-time coming; Cupertino's Planning Commission approved the project in April 2012. A sharp-cornered roof makes it look a lot like an Apple store.

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And huge walls of glass give you a good view to what's going on inside.

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These Columbia Undergrads Spend Friday Nights Financing And Building A Race Car From Scratch

Striking Photos From The Iditarod Show Just How Gnarly Alaska's Legendary Sled Dog Race Can Be

13 Things Successful People Do In The Last 10 Minutes Of The Workday

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leaving, cab, chicago

Perhaps you spend the last 10 minutes of your workday staring at the clock, counting down the seconds until you're free. Or, maybe you bury yourself in your work until the very last minute — then you grab your stuff and go without saying goodbye to your colleagues.

If either of the above scenarios sounds familiar, it may be time to reassess your end-of-day routine.

"How you finish the workday is very important," says Michael Kerr, an international business speaker and author of "You Can't Be Serious! Putting Humor to Work.""It can set your mood for the rest of your day; it may impact your personal relationships, overall level of happiness, and how well you sleep that night; and it will set the stage for the next day."

Lynn Taylor, a national workplace expert and the author of "Tame Your Terrible Office Tyrant: How to Manage Childish Boss Behavior and Thrive in Your Job," says the most successful people typically have a routine in which they try to mitigate tasks that will linger and deter them from being completely focused for the next morning's events — expected or unexpected. 

1. They update their to-do lists.

Successful professionals always keep an eye on their ever-changing to-do lists, Taylor explains. "But the last 10 minutes is when they also check their final progress against that day's objectives," she says. "They revise their final list accordingly while in the moment, rather than abruptly leave and hoping they'll remember all the nuances of that day in the morning."



2. They organize their desk and desktop.

Your projects take much longer to complete when you're not organized. "Having an orderly desktop and desk will help you think more clearly and prioritize more effectively. It'll also help you quickly find important documents when you need them," says Taylor. "File digital and hard copy documents for easier access and greater efficiency when you need them next."



3. They review what they achieved.

Taylor says in addition to focusing on what you still need to do, it's important to look back on what you've done

Kerr agrees. "Taking even one minute to review what you achieved can give you a sense of accomplishment, and on a particularly trying and busy day it can remind you that you got more done than you realized," he says. "Happiness research tells us that doing a simple routine like this, and taking the time to reflect on what you accomplished, is a key way to boost your overall level of happiness."



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David Einhorn Gave 2 Trade Ideas At An Elite Wall Street Conference — Here's The Full Presentation

30 Stocks Traders Are Shorting Like Crazy (SODA, SUNE, SPWR, TSLA, WUBA, JD, CVC, MNK, VEEV, JCP, HLF, THRX, X, INVN, SCTY, MNKD, GME, Z, UBNT, BBRY, QCOR, DDD, CLF, GTAT, ATHM, LULU, AFSI, ZU, MYGN)

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lululemon athletica sports bra running

Shorting stocks is risky.

Even when the market goes down, any stock can still go against you. And while the common truism that short sellers can only ever make 100% on a position isn't quite right, it takes a certain skill to find companies that might be hiding something from investors. 

But this doesn't stop traders from taking their best shot. 

Recently, we've seen a ton of volatility in the stock market, but all of the major stock indexes are still higher year-to-date. 

However, we were still able to find 30 stocks with market caps over $2 billion that investors are still betting against like crazy.

On the list, of course, is Herbalife, the company that hedge funder Bill Ackman has accused of being a pyramid scheme. 

Also featured on the list is GoPro, the wearable camera company that went public in late June and has seen its stock just explode in the last several months.

The biggest theme of the list is Chinese internet companies. Alibaba may have been the marquee IPO of the year, but other internet-based companies out of China have been met with quite a bit of skepticism.

We ranked the stocks by short interest as a percentage of shares outstanding, going from the least shorted to the most.

Air Methods

Ticker: AIRM

Short interest: 23.4%

YTD return: -7.9%

Sector: Healthcare Services

Comment: In its most recent quarterly earnings report, the company reported revenue that increase 16% over the prior year to $258.5 million. 

data from FinViz



Sunedison

Ticker: SUNE

Short interest: 24%

YTD return: 28%

Sector: Solar Energy

Comment: Sunedison, which makes solar panels and semiconductor materials, recently filed a confidential public offering for its yield vehicle focused on solar projects in Asia and Africa. 

data from FinViz



Altisource Portfolio Solutions

Ticker: ASPS 

Short interest: 24%

YTD return: -40%

Sector: Real Estate Services

Comment: The Luxembourg-based company provides debt collection services to mortgage lenders and is scheduled to report third quarter earnings on October 23. 

data from FinViz



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