Home Depot (HD) is perennially overvalued. If you, therefore, decide to invest in the company the decision typically comes down to how much are you willing to 'overpay'. I last reviewed HD in this February 22, 2023 post. My conclusion was that shares were still overvalued despite the recent share price pullback. At the time [...]
Brookfield Asset Management (BAM) released its Q2 2024 results on August 7 and I covered this entity in this post. In late 2022, Brookfield's reorganization resulted in the spin off of a minority stake in the asset management unit. The purpose of this transaction was to appeal to investors wanting to benefit from Brookfield's growth [...]
Much has changed following my last Brookfield post on August 13, 2022 post. On December 9th, 2022, Brookfield completed a distribution and listing of 25% of its asset management business – Brookfield Asset Management Ltd. (BAM). This distribution created two distinct businesses thus enabling shareholders to access a leading pure-play global alternative asset management [...]
I last reviewed Broadridge Financial Solutions (BR) in this August 9, 2023 post. At the time, BR had just released its Q4 and FY2023 results and FY2024 guidance. Now, we have BR's FY2024 results and FY2025 guidance which were released on August 6. Time to revisit this existing holding. Business Overview BR operates in [...]
When I last reviewed Becton Dickinson (BDX) in this May 10, 2024 post, I expressed cautious optimism that after a tumultuous few years the company was back on track; I have touched upon BDX's BD Alaris Pump issues in previous posts. I concluded that post stating that exiting my position was a consideration. After [...]
On August 1, 2024, Amazon (AMZN) released its Q2 and YTD2024 results. I have never invested in AZMN but negative investor sentiment has prompted me to review its results to determine whether I should initiate a position. Based on my analysis I conclude this post explaining why I am not initiating an Amazon position. Business [...]
Chevron (CVX) and Exxon Mobil (XOM) released their Q2 and YTD 2024 results on August 2. I reviewed XOM's results in this post and concluded that investor sentiment is insufficiently negative to increase my exposure. Looking at CVX's Q2 2024 results, we see that they fell short of investors' expectations and investor sentiment is somewhat [...]
I last reviewed Intercontinental Exchange (ICE) in my February 10, 2024 post at which time the Q4 and FY2023 results had just been released. With the release of Q2 and YTD2024 results on August 1, 2024 I revisit this existing holding. Business Overview Part 1 of ICE's FY2023 Form 10-K has a comprehensive overview of [...]
I last reviewed Exxon Mobil (XOM) in this December 8 2023 post and concluded that many investors tripping over themselves to acquire shares in the 'Magificent 7' (Alphabet GOOGL, Apple AAPL, Amazon AMZN, Meta Platforms META, Microsoft MSFT, Nvidia NVDA and Tesla TSLA) might get a rude awakening when least expected. On the other hand, [...]
When I last reviewed Mastercard (MA) in this February 20, 2024 post, I concluded that shares were overvalued. On July 25, I disclosed the purchase of 300 V shares in my I Have Increased My Visa Exposure post. On the same day, I increased my MA exposure with the purchase of 300 shares @ ~$432.05; [...]