I will occasionally employ the use of conservative option strategies to generate additional income. This article provides an update on option positions for 4 companies in which I own the underlying shares. I continue to be dumfounded as to the extent to which the share price of several companies have appreciated in the last [...]
Becton, Dickinson and Company (BDX) has just released Q2 results which includes lowered FY2019 earnings guidance. Based on my analysis and long-term prognosis I view BDX as currently being undervalued. Summary BDX recently released Q2 results and lowered FY2019 guidance resulting in a sudden drop in the share price. Management expects the second half of [...]
As a long-term Broadridge Financial Solutions (BR) shareholder I have a positive outlook on the company's future. I recommended the purchase of shares in early February 2019 when shares retraced to ~$94. Based on Q3 2019 results and earnings guidance released May 7, 2019 and BR's current share price I suggest investors wait for a [...]
Summary MSCI has recently released Q1 2019 results and updated guidance for FY2019. Following the ~65% increase in share price from the ~$137 December 2018 low I view shares to be richly valued. Rather than wait for MSCI to become more favorably valued before you initiate exposure, you can employ the use of the proposed [...]
Summary In early February I recommended a short-term conservative option strategy on the basis that I viewed ADP as being richly valued. A comparison of ADP’s current valuation relative to the FY2011 – FY2018 timeframe suggests ADP continues to be overvalued. Shares have pulled back from a 52 week high following the recent release of [...]
I view the Canadian National Railway Company (CNR) as a core long-term holding. CNR's current valuation relative to 2011 - 2018 levels, however, suggests that shares are currently richly valued. If you are in agreement then the two conservative option trades presented in this article might be of interest to you. Summary The number of [...]
Summary Following the release of MSFT’s Q3 2019 results, the share price has risen to its highest level in years. I view MSFT as a high quality company worthy of being a long-term investment. Using a couple of valuation metrics I view shares as currently being slightly overvalued. I present low-risk options strategies from which [...]
NOTE: I go to the gym daily and now see several of the television monitors tuned to business news channels which gym members are closely monitoring during their workouts. When I see this type of behavior I get visions of the dot.com bubble. In my opinion, a broad market pullback is not out of the [...]
The Hershey Company's (HSY) share price has appreciated rapidly in a very short timeframe for no justifiable reason. A Bear Call Spread option strategy can be employed if you think HSY is overvalued and its share price will pullback. Summary HSY released Q1 2019 results on April 25, 2019 and its share price jumped $5.37 [...]
Summary PEP released its Q1 2019 results on April 17, 2019 and the share price jumped to a new 52-week high. I view PEP as richly valued considering it is a mature company in the low growth packaged foods industry. My opinion is that an overall market pullback will occur within the next 6 months. [...]
