Low-risk Rollins (ROL) is a pest control industry leader with ~80% recurring revenue and 20+ years of growth regardless of the economic cycle. I last reviewed the company in this July 29 post at which time it had just reported Q2 and YTD2022 results. While ROL released Q3 and YTD2022 results on October 26, our [...]
Following the spin-off of the slower-growth Diabetes Care business, you can expect more rapid growth from undervalued Becton Dickinson (BDX). I caution you not to compare the current and historical BDX because the company is much different from recent prior years and its credit risk is much improved. I last reviewed BDX in this August [...]
On August 2, 2022 I added to my The Home Depot (HD) exposure with the purchase of shares @ $301.64. Following this recent purchase and the automatic reinvestment of dividends, there are currently 252 HD shares in a 'Side' account within the FFJ Portfolio. I last reviewed HD in my August 16, 2022 post in [...]
I last reviewed McDonald's (MCD) in this March 19, 2022 post. In that post, I disclose my March 7 purchase of an additional 100 shares at ~$226 in a 'Side' account in the FFJ Portfolio while on a ski trip. At the time, the most recently available financial results were those for FY2021. Now that [...]
Unfortunately, the number of bargains presented to investors from mid-September through mid-October has diminished of late. However, CME Group (CME) is low-risk and attractively valued. This makes it an attractive investment at a time when investors should reduce risk. In addition to this piece of good news, CME is scheduled to declare its 'special annual [...]
I last reviewed Abbvie Inc. (ABBV) in this February 3, 2022 post, at which time I concluded shares to be overvalued. At the time of that post, ABBV had just released Q4 and FY2022 results. Given that ABBV issued Q3 and YTD2022 results on October 28, 2022, I take this opportunity to revisit this holding. [...]
This brief FFJ Portfolio - October 2022 Report recaps what occurred with our investments in October. Dividend Income I made no outright purchases in October but received dividend income from the following companies. Automatic Data Processing (ADP) Broadridge Financial Solutions (BR) Danaher (DHR) Diageo (DEO) Ecolab (ECL) FedEx (FDX) Genuine Parts (GPC) Merck (MRK) Nike [...]
Based on the Q3 and FY2022 results released on October 27, 2022, S&P Global (SPGI) is attractively valued with strong recurring revenue and expense discipline. In contrast, following the release of Q2 and YTD 2022 results, I concluded in my August 2, 2022 post, that it would be wise to wait for a better valuation. [...]
In my July 29, 2022 Automatic Data Processing (ADP) post, I conclude that a share price pullback to the mid $220 range was not unreasonable once the euphoria waned following the release of ADP's strong FY2022 results and FY2023 outlook. ADP's share price rose after that post. In mid-August, however, the share price commenced a [...]
I last reviewed Fortive (FTV) in this May 2, 2022 post at which time it had recently released Q1 2022 results and its FY2022 outlook. With the release of Q3 and YTD2022 results and updated FY2022 outlook, I now revisit FTV. Business Overview A good explanation of FTV, including high-level information about acquisitions and divestitures, [...]