Yearly Archives: 2019

Home/2019

Fastenal Company – Waiting for a Better Entry Level

  Fastenal Company (FAST) released Q2 2019 results July 11, 2019 in which management indicated that while activity has clearly slowed and there is no panic in the market, sentiment has become more cautious. Summary A $9,000 investment in FAST on the date of its August 20, 1987 IPO would now be worth in excess [...]

Agilent Technologies, Inc. – Fairly Valued But I Will Wait for a Better Entry Point

  Agilent Technologies, Inc. (A) is a global leader in life sciences, diagnostics and applied chemical markets, providing application focused solutions that include instruments, software, services and consumables for the entire laboratory workflow. In mid-May, Agilent released Q2 results in which FY2019 Revenue guidance was lowered but Non-GAAP diluted EPS guidance remained unchanged at $3.03 [...]

By |July 20th, 2019|General Investing|Comments Off on Agilent Technologies, Inc. – Fairly Valued But I Will Wait for a Better Entry Point

Genuine Parts Company – Fairly Valued Dividend King

  Genuine Parts Company (GPC) released Q2 2019 results on July 18, 2019. Guidance for FY2019 has been lowered and corrective action is being taken to improve results. With the ~$7 pullback in GPC's share price following the release of results on July 18th, I now view GPC as fairly valued despite lower earnings expectations. [...]

By |July 19th, 2019|General Investing|Comments Off on Genuine Parts Company – Fairly Valued Dividend King

Johnson & Johnson – The Potential ‘Talc’ and ‘Opioid’ Liabilities Are Real But Overblown

  Johnson & Johnson (JNJ) released Q2 2019 results on July 16, 2019. Although there is significant overhang from the 'talc' and 'opioid' legal issues I anticipate that any penalties JNJ does incur will be far less than those sought by the plaintiffs. I view JNJ as being reasonably valued and would acquire additional shares [...]

By |July 17th, 2019|General Investing|Comments Off on Johnson & Johnson – The Potential ‘Talc’ and ‘Opioid’ Liabilities Are Real But Overblown

The Goldman Sachs Group, Inc. – Friend of the Long-Term Investor

The Goldman Sachs Group, Inc. (GS) released Q2 2019 results on July 16, 2019. It also announced on June 27th an increase in its quarterly dividend from $0.85 to $1.25 effective with the Q3 dividend payment and a $7B share repurchase program beginning Q3 2019 and ending Q2 2020. I am bullish GS and the [...]

By |July 16th, 2019|General Investing|Comments Off on The Goldman Sachs Group, Inc. – Friend of the Long-Term Investor

Alimentation Couche-Tard Inc. – Patience! Patience!

Alimentation Couche-Tard (TSX: ATD.b) is the 2nd largest participant in the highly fragmented convenience store industry behind Japan's Seven & I Holdings Co. (7-11 chain). ATD.b will appeal to investors seeking growth versus dividend income. Summary ATD is the #2 player in the convenience store sector on a global basis behind Japan’s Seven & I [...]

By |July 10th, 2019|General Investing|Comments Off on Alimentation Couche-Tard Inc. – Patience! Patience!

PepsiCo, Inc. Stock Analysis – Just ‘Plods’ Along

PepsiCo, Inc. (PEP) has just released Q2 2019 results and reaffirmed FY2019 guidance. In its July 9, 2019 Earnings Release, PEP's Chairman and CEO indicated efforts are being made to make PEP a faster, stronger and better company by building new capabilities, strengthening brands, adding capacity to grow and transforming the culture. I view PEP [...]

By |July 9th, 2019|General Investing|Comments Off on PepsiCo, Inc. Stock Analysis – Just ‘Plods’ Along

Brookfield Infrastructure Partners LP – An Infrastructure Investment Opportunity

Brookfield Asset Management Inc. (BAM and BAM-a.TO)  has demonstrated its ability to attract funding from sophisticated institutional investors and has stated it wants to grow the number of client relationships from 630 in 2019 to ~1000 by 2023. Its infrastructure investment arm, Brookfield Infrastructure Partners L.P. (BIP and BIP-un.TO) which invests in operating assets across [...]

By |July 5th, 2019|General Investing|Comments Off on Brookfield Infrastructure Partners LP – An Infrastructure Investment Opportunity

Nike, Inc. – Growing Global Middle Class Should Act As a Long-Term Tailwind

Despite increased competition Nike, Inc. (NKE) stands to benefit from the growing global middle class. I view NKE as an attractive long-term investment in that it consistently generates strong Free Cash Flow and has a Balance Sheet which reflects minimal Intangible Assets and Goodwill.   Summary NKE faces stiff competition but it has demonstrated that [...]

By |June 30th, 2019|General Investing|Comments Off on Nike, Inc. – Growing Global Middle Class Should Act As a Long-Term Tailwind

FFJ Portfolio – June 2019 Report

This is my June 2019 FFJ Portfolio update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in high quality companies with competitive advantages and with a record of consistently increasing dividends can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend [...]

By |June 29th, 2019|General Investing|Comments Off on FFJ Portfolio – June 2019 Report

MY TOP
"FORGET ABOUT IT" STOCK

Download my free comprehensive company report on one of my highest performing , non-commital, low maintenance stock holding.
1. Start Learning Trading Language
2. Learn What To Look For In A Company
3. Get Access To What Makes This Stock So Good
close-link
s2Member®