Summary Brookfield Asset Management (“BAM”) is an ideal investment for investors with a long-term investment time horizon; Its astute management team has developed a reputation which enables it to raise billions of dollars for investment purposes from institutional investors; BAM has exposure in geographic regions where others may not venture. Limited competition for some acquisitions [...]
The following is a list as at September 20, 2017 which reflects all the companies in which my wife and I own shares (not just those in the FFJ Portfolio). It does not reflect the number of shares per company we own nor our average purchase price. […]
Summary After completing this Microsoft Corporation stock analysis I decided to purchase shares for the FFJ Portfolio. MSFT is only the second tech stock we own among all our investment holdings. It is 1 of only 2 companies rated AAA by Moody’s (Johnson & Johnson is the other) which provides me peace of mind that [...]
Summary JNJ warrants a position in your investment portfolio because of its financial strength, historical performance, and future growth prospects. It has been and will remain a long-term hold in our retirement accounts and in the FFJ Portfolio. JNJ is 1 of only 2 companies rated AAA by Moody’s which provides me peace of mind [...]
Summary As a long-term Broadridge investor I am pleased with its FY2017 results and optimistic it will meet its FY2018 projections. Both were released August 10, 2017. Broadridge continues to make bolt-on acquisitions to enhance its product/service offering with the Spence Johnson acquisition being the most recent. The repurchase of Issued and Outstanding shares and [...]
Summary This ADP Stock Analysis is based on FY 2017 results as at June 30, 2017 and FY2018 projections. ADP is currently the 3rd most heavily shorted company in the data processing and outsourced services sector. Pershing Square Capital Management L.P. has accumulated an 8% stake and has put forth an amended proposal in an [...]
Summary This MasterCard stock analysis is based on Q2 2017 results released July 27, 2017. MA’s projected EPS for FY 2017 and FY 2018 from multiple analysts have been revised upward subsequent to my February 1, 2017 post. MA recently received a favorable ruling from the Competition Appeal Tribunal (CAT) and no longer faces the [...]
Summary This Genuine Parts Company stock analysis is based on its Q2 2017 results which were reported July 20, 2017. Total sales were up 5% to a record setting $4.1B, net income was $0.19B, and EPS increased 1% to $1.29 versus Q2 2016. YTD FY2017, businesses with approximately $0.18B in annual revenues have been acquired. [...]
Summary Sun Life’s medium term objectives are 8 – 10% EPS growth, 12 – 14% ROE, and a 40 – 50% dividend payout ratio. SLF is more of “steady as she goes” type of investment with a moderate level of potential capital appreciation. I view SLF as a less volatile long-term investment than its largest [...]
Summary Hormel held its Investor Day June 15, 2017 wherein it provided a great overview of the company`s growth opportunities. HRL`s long-term targets are 5% top-line growth, 10% bottom-line growth, and margins in the top quartile of its peers by 2020. It is one of a few companies which have increased the annual dividend for [...]