Summary Jack Henry & Associates is a leading provider of technology solutions and payment processing services primarily for financial services organizations. Despite various general downward industry trends there are sufficient upward industry trends which provide an opportunity for JKHY to continue to grow. JKHY returns value to shareholders through the distribution of dividends, share repurchases, [...]
Summary The complete write-off of newer and less damaged vehicles due to rising repair costs is a strong tailwind for Copart. Demand for used cars, and interest in repairing them, varies on the basis of demand for brand new vehicles and their affordability. New car sales peaked in 2015 and as 2, 3, and 4 [...]
Summary In early February 2019 I viewed NKE as expensive and wrote April 2019 $87.50 covered calls. NKE released strong Q3 results after the March 21st market close but results disappointed investors and its share price pulled back over 6.50% on March 22nd from the previous day’s ~$88 close. I view NKE as a solid [...]
Employing out-of-the-money short-term covered calls can help you generate additional income. This article touches upon such a strategy I have successfully employed. A significant percentage of our investments are held in accounts that are separate and distinct from those which are included in the FFJ Portfolio. While I do not disclose specific details related [...]
The Big 5 Canadian Banks have a track record of rewarding long-term investors despite continually changing industry, business, and economic environments. Summary The Big 5 Canadian banks have recently released their Q1 2019 results and have reiterated that business conditions are challenging. Short sellers who have renewed their Big 5 bets in early 2019 [...]
Some investors will overlook Berkshire Hathaway (BRK-a and BRK-b) as a potential high quality investment because they strictly adhere to rigid dividend related criteria. A great many investors focus exclusively on investing in companies that have a dividend yield of X% or greater. Other investors refrain from investing in companies unless they have a [...]
Hormel Foods Corporation (HRL) is a member of the exclusive group of Dividend Kings (dividend increases for at least 50 consecutive years). This article looks at valuation based on Q1 2019 results and FY2019 guidance. Summary Hormel Foods has just released Q1 2019 results and has reaffirmed FY2019 guidance of $1.77 - $1.91 per share. [...]
Genuine Parts Company (GPC) has increased its dividend for 63 consecutive years. This article looks at valuation based on FY2018 results and FY2019 guidance. Summary GPC has just released Q4 and FY2018 results, provided FY2019 guidance, and has increased its dividend for the 63rd consecutive year. GPC failed in its efforts to extricate itself from [...]
Enbridge Inc. (ENB) is a value stock investors should consider as a long-term investment. It has significantly de-leveraged, it offers an attractive dividend yield, and it has promising long-term prospects. Summary ENB recently released Q4 and FY2018 results and provided guidance for FY2019 and FY2020. The company has made considerable progress in deleveraging its balance [...]
Value and Growth Investing can be achieved by holdings positions in Brookfield Asset Management (BAM) and its various limited partnerships. Summary Brookfield Asset Management helped launch Brazil’s first electrical and transport utility in 1899 and listing it on the Toronto Stock Exchange in 1912. BAM and its limited partnerships have $350B+ in assets under management, [...]
