Home » Archives for October 2018

Owens & Minor – This is the Type of Company You Should AVOID

There are some companies in the universe of publicly traded companies which should be avoided. Owens & Minor (NYSE: OMI) is one of them. The company's financial performance has been deteriorating over the past few years and on October 31, 2018 it released Q3 and YTD 2018 results. Part of its earnings announcement included a [...]

By |October 31st, 2018|General Investing|Comments Off on Owens & Minor – This is the Type of Company You Should AVOID

Mastercard – I Have Acquired More Shares for the FFJ Portfolio

Mastercard (NYSE: MA) released its Q3 2018 results October 30, 2018. Mastercard and VISA have recently agreed to pay $5.54B - $6.24B to a class of more than 12 million merchants who accept the payment networks’ cards in the largest-ever class-action settlement of a U.S. antitrust case. This brings to an end one litigation matter [...]

By |October 30th, 2018|General Investing|Comments Off on Mastercard – I Have Acquired More Shares for the FFJ Portfolio

The Hershey Company – Too Rich Again

The Hershey Company (NYSE: HSY) recently released Q3 2018 results. It warned its profits will come under pressure given rising costs but there are plans to offset these higher costs with strategic price increases on roughly a fifth of HSY products. HSY is not an investment with which you will get rich overnight. HSY is [...]

By |October 27th, 2018|General Investing|Comments Off on The Hershey Company – Too Rich Again

The Hershey Company – Too Rich Again

Summary HSY recently released Q3 2018 results and warned its profits will come under pressure given rising costs. Higher costs will likely persist into 2019 but there are plans to offset these higher costs with strategic price increases on roughly a fifth of HSY products. HSY shares are more suited for investors seeking to avoid [...]

By |October 27th, 2018|Equity Investing|Comments Off on The Hershey Company – Too Rich Again

Moody’s Corporation – The Pullback I Have Awaited Has Arrived

In my March 3rd analysis written exclusively for Financial Freedom is a Journey subscribers I indicated I viewed Moody's (NYSE: MCO) as being overvalued. MCO's share price has taken a beating in recent months and less than impressive Q3 results released October 26th has knocked another ~13.44% from its share price. I like it when [...]

By |October 26th, 2018|General Investing|Comments Off on Moody’s Corporation – The Pullback I Have Awaited Has Arrived

Moody’s Corporation – The Pullback I Have Awaited Has Arrived

Summary Moody’s (MCO) and S&P Global Inc. (SPGI) command a ~80% market share of the ratings industry. I view these two companies much like I view the VISA and Mastercard oligopoly. MCO released less than stellar Q3 results on October 26th. Its share price has been taking a beating subsequent to the last week of [...]

By |October 26th, 2018|Equity Investing|Comments Off on Moody’s Corporation – The Pullback I Have Awaited Has Arrived

S&P Global Inc. – Reasonably Valued….Finally!

In my March 4th analysis written exclusively for Financial Freedom is a Journey subscribers I indicated I viewed S&P Global (NYSE: SPGI) as being overvalued. Now that SPGI has pulled back in the past month and has released Q3 and YTD results and has updated its guidance for the remainder of the current fiscal year, [...]

By |October 26th, 2018|General Investing|Comments Off on S&P Global Inc. – Reasonably Valued….Finally!

Canadian National Railway – A High Quality Long-Term Investment

Canadian National Railway Company (TSX: CNR) released its Q3 2018 results on October 23rd and reported its highest quarterly revenue in its 99 year history. Net income, however, was hit by higher costs (there are very valid reasons for these higher costs). CNR has made an impressive turnaround in the last couple of quarters and [...]

By |October 24th, 2018|General Investing|Comments Off on Canadian National Railway – A High Quality Long-Term Investment

Canadian National Railway – A High Quality Long-Term Investment

Summary CNR released its Q3 results on October 23rd and reported quarterly revenue of $3.688B - the highest in its 99 year history. Net income was lower than in Q2 due to higher fuel prices, higher labour costs (increase in headcount and higher training costs for new employees), higher costs as a result of increased [...]

By |October 24th, 2018|Equity Investing|Comments Off on Canadian National Railway – A High Quality Long-Term Investment

3M – Don’t Give Up On This Great Company

3M (MMM) released its Q3 2018 results on October 23rd. Investors did not take well to the results nor the downward EPS guidance and promptly lopped ~$8.80 off the share price. Despite lower guidance, this is not the type of company long-term investors should give up on. There are certainly a number of headwinds 3M [...]

By |October 23rd, 2018|General Investing|Comments Off on 3M – Don’t Give Up On This Great Company