I last reviewed S&P Global (SPGI) in my November 3 post following the release of Q3 and YTD2023 results on November 2. Using the recently released Q4 and FY2023 results and FY2024 guidance, I remain of the opinion that wide moat S&P Global is too richly valued. Business Overview Until such time as the FY2023 [...]
I last reviewed Paycom Software (PAYC) in my November 2, 2023 post following the release of Q3 and YTD2023 results. Despite reasonably good results, they fell short of the company's guidance range as a result of lower-than-expected service revenues and unscheduled payroll runs. Investors did not respond well and punished PAYC's share price. Following the [...]
In my November 14, 2023 Buy Thermo Fisher (TMO) While It Faces Short Term Headwinds post, I state the time to invest in great companies is when they face temporary headwinds and fall out of favor with many investors. In my December 8 guest post at Dividend Power, I conclude that TMO was still fairly [...]
I initiated a Nasdaq (NDAQ) position with the purchase of 500 shares in a 'Core' account within the FFJ Portfolio on June 12, 2023 at ~$51/share and disclosed my rationale for doing so in this June 13, 2023 post. I subsequently acquired another 100 shares at ~$50.75 on July 19 and disclosed this purchase in [...]
On January 31, Fortive (FTV), a Danaher (DHR) spin-off, released its Q4 and FY2023 results and FY2024 outlook. I last reviewed FTV in this October 31, 2023 post at which time the Q3 and YTD2023 had recently been released. In addition to analyzing FTV's current results, I looked at material FTV presented at its 2023 [...]
My most recent prior Danaher (DHR) posts are entitled Danaher Consistently Generates Strong Free Cash Flow and Danaher - Current Weakness Is A Buying Opportunity. They were written following the release of Q2 and Q3 results, respectively. As noted in my October 25, 2023 post, DHR embarked on a journey to strategically enhance its portfolio [...]
Is UPS A Good Long Term Investment? Until recently, I was a shareholder since at least 2004 and categorically answer 'NO!'. I generally invest in companies with the expectation of being a very long term shareholder. Sometimes this has its drawbacks in that I hold investments far longer than I should. I last reviewed UPS [...]
I do not currently have exposure to ServiceNow (NOW) and I have never previously analyzed it. Given that it released its Q4 and FY2023 results and FY2024 outlook on January 24, I take this opportunity to analyze this company. In June 2012, ServiceNow (NOW) became a publicly traded company following a US$0.21B IPO. Since such [...]
When I last reviewed Visa (V) in my October 25, 2023 post, it had just released its Q4 and FY2023 results and FY2024 outlook. With the release of Q1 2024 results and revised FY2024 outlook following the January 25 market close, I provide this brief update. I have been a V shareholder almost from the [...]
I last reviewed Blackstone (BX) in this October 22, 2023 post at which time it had just released its Q3 and YTD2023 results. Now that BX has released its Q4 and FY2023 results on January 25, I take this opportunity to revisit this existing holding. Business Overview I encourage you to review the company's website [...]