I will occasionally employ the use of conservative option strategies to generate additional income. This article provides an update on option positions for 4 companies in which I own the underlying shares. I continue to be dumfounded as to the extent to which the share price of several companies have appreciated in the last [...]
Periods in which equity markets are in a state of upheaval can be a wonderful opportunity to help you build long-term wealth. The challenge some investors have, however, is that they focus on investing when all is well but panic when market conditions take a turn for the worse. Focus on investing exclusively in great [...]
Becton, Dickinson and Company (BDX) has just released Q2 results which includes lowered FY2019 earnings guidance. Based on my analysis and long-term prognosis I view BDX as currently being undervalued. Summary BDX recently released Q2 results and lowered FY2019 guidance resulting in a sudden drop in the share price. Management expects the second half of [...]
As a long-term Broadridge Financial Solutions (BR) shareholder I have a positive outlook on the company's future. I recommended the purchase of shares in early February 2019 when shares retraced to ~$94. Based on Q3 2019 results and earnings guidance released May 7, 2019 and BR's current share price I suggest investors wait for a [...]
MSCI Inc. (MSCI) appeals to me as a long-term investment. I, however, currently view shares as richly valued. This article presents an option strategy where you can profit if you think the share price will retrace at least ~7.5% before September 20, 2019. Summary MSCI has recently released Q1 2019 results and updated guidance for [...]
This article is a follow up regarding the Automatic Data Processing, Inc. (ADP) out-of-the-money covered call option trade I placed in early February 2019. Summary In early February I recommended a short-term conservative option strategy on the basis that I viewed ADP as being richly valued. A comparison of ADP’s current valuation relative to the [...]
This is my April 2019 FFJ Portfolio update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in high quality companies with competitive advantages and with a record of consistently increasing dividends can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend [...]
I view the Canadian National Railway Company (CNR) as a core long-term holding. CNR's current valuation relative to 2011 - 2018 levels, however, suggests that shares are currently richly valued. If you are in agreement then the two conservative option trades presented in this article might be of interest to you. Summary The number of [...]
Microsoft Corporation (MSFT) is a great long-term investment. At the moment, however, shares appear to be somewhat overvalued following the relatively recent rapid runup in the share price. If you are in agreement that MSFT's shares are susceptible to a pullback within the next 5 months then you may wish to consider the conservative option [...]
3M Company (MMM) is experiencing significant challenges. Following the release of Q1 2019 results on April 25, 2019, its share price dropped ~$29. Management has indicated that aggressive action is being taken to improve results. I am of the opinion MMM's share price will remain under pressure for at least the next few months [...]
