Reuters has recently published a story indicating that Johnson & Johnson (JNJ) has known internally about the presence of asbestos in its talcum powder for decades. This is not a new revelation as a review of JNJ's 10-K reports from several prior years discloses the talc issue under 'Legal Proceedings'. There are currently ~9,000 [...]
Investing in high quality companies already carries an element of risk. Why anyone would gravitate to higher risk investments is beyond me as many of these higher risk investments end in heartbreak. Be careful out there! I don’t mean to sound like a broken record but here is another article devoted to warning you [...]
FedEx (FDX) has seen its share price drop ~31% from its 52 week high. FedEx Express’s CEO will retire effective Dec. 31, 2018, after just two years at the helm with this ‘retirement’ announcement coming in the midst of the crucial holiday season. While Q2 2019 results will be released December 18th and we could [...]
General Mills (GIS) is scheduled to release Q2 FY2019 results shortly. While the ~5.1% dividend yield and current attractive valuation will appeal to many investors I see far too many headwinds. Investors should be investing in companies which provide products/services that are growing in demand. Looking at GIS’s suite of products and considering that the [...]
Korn Ferry International (KFY) shares pulled back ~$19 in early September when the company took a sizable Goodwill writedown as part of its strategic reorganization. This resulted in KFY shares becoming fairly valued. KFY has now just reported the best quarterly top line and bottom line results in the company's history. Shares have pulled back [...]
Many investors worry about stock price pullbacks. Don't be like the masses. Invest in good solid companies which have (1) competitive advantages, (2) are profitable, and (3) which generate strong Free Cash Flow (FCF). If you do this then you will have a greater appreciation for lower stock prices. Worldwide equity markets are certainly [...]
Stock screeners can be misleading. In the case of this company, in 2012 it introduced a variable dividend component to its dividend policy. This variable dividend is not picked up by stock screeners which likely results in many investors completely overlooking this company as a worthwhile long-term investment. On August 5, 2018 I wrote [...]
This article on The Bank of Montreal (BMO) is the fifth of a 5 part series on 'The Big 5' Schedule A Canadian banks. At the time of my September 5th article, I viewed BMO shares as being overvalued. Shares have subsequently retraced ~11.3% and I now view them as being fairly valued. Investors seeking [...]
This article on The Canadian Imperial Bank of Commerce (CM) is the fourth of a 5 part series on 'The Big 5' Schedule A Canadian banks. I do not view CM as having the same pedigree as The Royal Bank of Canada (RY) and The Toronto-Dominion Bank (TD). Nevertheless, I view CM as currently being [...]
This article on The Toronto-Dominion Bank (TD) is the third of a 5 part series on 'The Big 5' Schedule A Canadian banks. In my September 5th article I indicated that I viewed TD has being slightly overvalued. Shares have subsequently retraced to a level where I now view them as fairly valued. I view [...]
