On April 21, 2022 I published my Danaher (DHR) - Creating Long-Term Shareholder Value post. In that post, I touch upon why I deem it to be an attractive long-term investment. I conclude by stating my intent to acquire additional shares even though its valuation is slightly less attractive than at the time of [...]
Danaher (DHR) is creating long-term shareholder value. Over a 10-year timeframe, the average annual total return with the reinvestment of dividends is 22.07% and 21.73% without the reinvestment of dividends. In contrast, the returns from the S&P500 are 14.69% and 13.65% (source: www.tickertech.com). Despite viewing DHR's valuation to be somewhat rich, I initiated a small [...]
I first reviewed LMT in this November 20, 2020 post at which time I disclosed the initiation of a 200 share position @ ~$369/share in one of the 'Core' accounts in the FFJ Portfolio. In subsequent posts (see The FFJ Archives) I disclose additional purchases which have brought my exposure to 455 shares. In my [...]
I last reviewed Goldman Sachs' (GS) in my January 19, 2022 post at which time I conclude GS's valuation to be attractive. I had to severely curtail my additional GS investment, however, because I require funds to cover tax obligations following the completion of our 2021 tax returns. GS released Q1 2022 results on April [...]
My interest has been piqued in that FedEx's (FDX) current ~$201.50 share price is well below the ~$320 52 week high. In this review, I touch upon why FedEx's valuation is appealing and why I acquired a few additional shares on April 8, 2022 at ~$201.50/share. I last reviewed FDX in this March 25, 2021 [...]
I last reviewed HD in this June 7, 2021 post at which time I concluded shares were too richly valued. HD's share price subsequently ballooned to ~$420 toward the end of 2021. It has, however, now retraced to ~$303. This share price pullback piqued my interest and based on my analysis, I am now an [...]
In my March 31, 2022 Why I Exited My Colgate Position post at Dividend Power, I share why I am no longer a Colgate (CL) shareholder. CL is a company that has exhibited virtually no top-line growth in a decade. Its Operating income and Net income growth have not fared any better over the same [...]
As recently as mid-March 2022, Nike (NKE) shares were reasonably valued. Therefore, I acquired 100 additional shares at ~$123/share on March 11. Following this purchase, however, NKE's share price has run-up. I am now of the opinion Nike is slightly overvalued. I last reviewed NKE in this July 13 2021 post at which time I [...]
In my FFJ Portfolio – February 2022 Report, I list the companies in which I acquired additional shares in February. This monthly update was delayed until mid-March because I was away on a ski trip. Therefore, I also listed purchases made in the first half of March while on vacation. In this post, I explain [...]
In my February 24, 2022 Ecolab - An Overvalued Dividend Aristocrat post at Dividend Power, I share why I am not adding to my Ecolab (ECL) position. ECL delivers comprehensive science-based solutions, data-driven insights and world-class service to advance food safety, maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies [...]