VISA Stock Analysis – I Will NEVER Sell This Holding

 Summary

  • VISA appears expensive at current levels but this is a result of several sizable one-time charges.
  • The legal issue as it relates to interchange fees has still not been resolved.
  • Even if VISA ends up having to pay a multi-billion dollar fine the interchange fee legal case should not dissuade investors from initiating / increasing a position in VISA with a long-term investment time horizon.
  • VISA continues to operate on a business as usual basis and is investing heavily to address the ever evolving needs in the payment industry.

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Four Investing Principles to Make Your Money Work for You

In today’s post I would like to highlight the importance of four investing principles to make your money work for you. You must:

  1. Invest in good solid companies;
  2. Practice patience;
  3. Not panic when making investment decisions;
  4. Relish major market corrections as they provide opportunities in which to acquire shares at more reasonable valuations.

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SmartREIT Stock Analysis: Owning it could be a smart move

Summary

SmartREIT:

  • is a well-managed Real Estate Investment Trust with great growth potential.
  • boasts Walmart as one of its major tenants which anchors 107 (or 72%) of SmartREIT’s shopping centres.
  • is developing the massive 400-acre Vaughan Metropolitan Centre 400 with key anchor tenants such as KPMG and PWC.
  • has several other projects of significance in some stage of development.

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Investing in Equities Does Not Need to be Complicated

Investing in equities does not need to be complicated. This is something you can do yourself.

There is no reason to invest through expensive actively managed mutual funds. In fact, few actively managed funds have an enviable track record.

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Paychex Stock Analysis: Love the company, not the price.

Summary

  • This Paychex stock analysis is based on Q2 2017 results and forecast for the remainder of fiscal 2017 released December 21, 2016.
  • Paychex, Inc. reported total service revenue of $760 Million (7% inc) for Q2 2017 and $1,533.5 Million (8% inc) for 6 months ending November 30, 2016.
  • It reported adjusted diluted EPS of $0.56 (8% inc) for Q2 2017 and $1.12 (8% inc) for 6 months ending November 30, 2016.
  • While investors have been aptly rewarded over the years, Paychex is expensive with a forward P/E of just under 28.
  • Recommend “Hold” if currently long and patience if you’re interested in adding Paychex to your portfolio.

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Automatic Data Processing Stock Analysis: A Wonderful Company. Less Than Wonderful Valuation

 

Summary

  • This Automatic Data Processing stock analysis is based on Q1 2017 results and forecast for the remainder of fiscal 2017 released November 2, 2016.
  • ADP has increased its dividend each year for 42 years making the company a dividend aristocrat.
  • While ADP has aptly rewarded shareholders over the years it is expensive at current levels.
  • I would be prepared to add to my existing ADP holdings if the price drops below $92.

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