“You have not lived today until you have done something for someone who can never repay you.” - John Bunyan My articles typically revolve around investing money to create more wealth. Today’s article, however, touches upon the meaningful ways of sharing the wealth you create with those less fortunate. I share my family’s story [...]
Automatic Data Processing (ADP) released its Q3 2018 results May 2, 2018. It also held its Investor Day June 12, 2018. In this article I analyze whether ADP presents a sound investment based on projections and current valuation. Summary ADP reported Q3 results May 2 in which it announced an upward revision in its FY2018 [...]
Summary ADP reported Q3 results May 2 in which it announced an upward revision in its FY2018 outlook.’ At the June 12th Investor Day, ADP indicated it is accelerating the pace of margin expansion and it now targets its prior 3 year margin targets to occur one year sooner. The anticipated increase in interest rates [...]
The J.M. Smucker Company is facing headwinds. Revenue growth and profit margins are expected to remain under pressure amid a competitive environment and challenging retailer dynamics. The stock price has dropped ~18.5% from recent highs and in this article I look at whether SJM currently presents an attractive buying opportunity. Summary SJM is facing headwinds [...]
Summary SJM is facing headwinds and revenue growth and profit margins are expected to remain under pressure amid a competitive environment and challenging retailer dynamics. SJM is currently exploring the divestiture of its US baking business and a sale of this business will likely impact FY2019 projections. Shareholders have been aptly rewarded over the long-term [...]
Cummins has pulled back ~26% from its $194 high set in late January 2018. This analysis looks at whether CMI would be an attractive addition to the FFJ Portfolio. Summary Cummins has retraced ~26% from a high of ~$194 set at the end of January 2018. The company is forecasting strong revenue growth but warranty [...]
Summary Cummins has retraced ~26% from a high of ~$194 set at the end of January 2018. The company is forecasting strong revenue growth but warranty costs are taking a bite out of profits and further significant charges (~$400 million) are possible. CMI’s 15+ year returns greatly exceed that of the S&P500. While CMI has [...]
I can not stress enough as to the importance of personally being in a positive free cash flow position. This article provides tips on how to achieve and remain in this state. Introduction Recent statistics show the consumer credit debt of households and non-profit organizations in the US amounted to ~$3.74T in Q3 2017. Judging [...]
Summary Hershey’s current valuation is similar to that evidenced in FY2009 at which time we were experiencing that ‘little event’ called The Financial Crisis. HSY is unlikely to appeal to investors seeking companies with ‘high octane’ growth. The company’s dividend yield and valuation are at levels not evidenced in several years. I currently have a [...]
HSY has retraced further subsequent to my February 3, 2018 article. In this article I share my thoughts on HSY's current valuation. Summary Hershey’s current valuation is similar to that evidenced in FY2009 at which time we were experiencing that ‘little event’ called The Financial Crisis. HSY is unlikely to appeal to investors seeking companies [...]
