This FFJ Portfolio - August 2025 report is a high-level recap of my activity during the month. All monthly reports are accessible here. In recent posts I express my concern about what I perceive to be an environment in which many investors have little regard to the quality of the companies in which they invest. [...]
I last reviewed Agilent (A) in this May 30, 2025 post, at which time the most current financial information was for Q2 and YTD2025. With the release of Q3 and YTD2025 results and revised FY2025 outlook on August 27, I revisit this existing holding. Business Overview A has the following 3 reportable business segments: life [...]
When I last reviewed Veeva Systems (VEEV) in this May 29, 2025 post, I concluded that the company's valuation was no longer a bargain. At the time of that post, the most recent financial results were for Q1 2026. With the release of Q2 and YTD2026 results following the August 27 market close, let's revisit [...]
I last reviewed HEICO (HEI and HEI-a) in this May 30, 2025 post. At the time it had just released Q2 and YTD2025 results. With the release of Q3 and YTD2025 results following the August 25 market close, I revisit this existing holding to gauge HEI's valuation. There is no denying that HEI has richly [...]
I last reviewed Zoom Communications (ZM) in this May 27, 2025 post when the most current financial information was for Q1 2026. With the release of Q2 and YTD2026 results following the August 21, 2025 market close, I revisit this existing holding. Business Overview Part 1, Item 1 in ZM's FY2024 Form 10-K (see SEC [...]
In my last Home Depot (HD) review on August 15, 2024, I state that shares are perennially overvalued. The decision to invest in HD typically comes down to how much are you willing to 'overpay'. At the time of that review, the most current financial information was for Q2 and YTD2024. With the release of [...]
In my June 27, 2025 post, I disclose initiating a 200 Accenture (ACN) share position @ ~$284.58 in one of the 'Core' accounts in the FFJ Portfolio. I subsequently acquired: 100 shares @ $281.5887 on July 11; and 200 shares @ $278.5323 on July 28 and disclose these purchases in my July 29, 2025 post. [...]
In my June 3, 2025 post, I disclose my rationale for initiating a 500 share position in Howard Hughes Holdings (HHH) in one of the 'Core' accounts in the FFJ Portfolio. I subsequently increased my exposure to 1000 shares and disclosed this in my June 9, 2025 post; my average cost is ~$67.90. In this [...]
I last reviewed Exxon Mobil (XOM) in this August 2, 2024 post at which time the most current financial information was for Q2 and YTD 2024. In addition, it had relatively recently completed the Pioneer Natural Resources (Pioneer) acquisition. On August 1, 2025, XOM released its Q2 and YTD2025 results thus prompting me to revisit [...]
In my August 17, 2022 Chevron (CVX) post, I touch upon why I think the demise of oil and gas is overblown. At the time, CVX's share price was ~$154. The share price has exhibited wild swings in the past 3 years with the current share price being ~$150 as I compose this post on [...]