This is an introduction to my Illinois Tool Works (ITW) stock analysis which is based on Q1 2018 results and revised projections for FY2018. After the ~$36 pullback in price subsequent to late January 2018 and the 2nd upward revision in projected FY2018 earnings subsequent to the company's December 1, 2017 Investor Day presentation, I [...]
This is an introduction to my 3M stock analysis which is based on Q1 2018 results and revised projections for FY2018. In my October 9, 2017 article I viewed MMM as being overvalued. I now view MMM as fairly valued and have increased my position in the company. Summary MMM released its Q1 2018 results [...]
Financial institutions promote Market-Linked GICs and Principal Protected Notes touting risk mitigation and attractive return potential. Readers are very strongly encouraged to read the fine print when researching these products. Initial appearances are very deceiving. A subscriber recently had a discussion with a broker in which the topic about safety of principal was a topic [...]
This is an introduction to my Stanley Black & Decker stock analysis. It is a follow up to my January 31, 2018 article at which time I viewed SWK as being overvalued. I now view SWK as an attractive long-term investment following the recent pullback in SWK's stock price. Summary In my January 31, 2018 [...]
This is an introduction to my Genuine Parts stock analysis in which I provide my opinion on what I intend to do once I receive shares of the combined Essendant and S.P. Richards entities later in 2018. Summary On April 12, 2018, Genuine Parts (GPC) and Essendant (ESND) announced that the companies had entered into [...]
In a recent interview with Nick McCullum from Sure Dividend I share my opinion on the future for my Top 10 holdings. Visa The Bank of Nova Scotia 3M The Royal Bank of Canada Church & Dwight Johnson & Johnson Chevron Walmart Canadian National Railway The Canadian Imperial Bank of Commerce Becton Dickinson Have a [...]
This is an introduction to my Parker-Hannifin stock analysis which is based on Q2 2018 results and projections for the remainder of FY2018. Summary Parker-Hannifin is a Dividend King having increased its annual dividend for at least 50 consecutive years. While the diluted - weighted-average common shares outstanding has been reduced dramatically since FY2008 and [...]
This is an introduction to my Prestige Brands stock analysis which is based on Q3 2018 results and projections for the remainder of FY2018. Summary Prestige Brands is a small cap company engaged in the business of marketing, sales, manufacturing and distribution of well-recognized, brand name, over-the-counter (“OTC”) healthcare and household cleaning products. It crossed [...]
This is an introduction to my Altra Industrial Motion stock analysis which is based on FY2017 results and the proposed terms and conditions of the pending amalgamation with 4 operating companies within Fortive Corporation’s Automation and Specialty Components business. Introduction Altra Industrial Motion Corp. (NASDQ: AIMC) is a leading global designer, producer and marketer of [...]
This is an introduction to my West Pharmaceutical stock analysis which is based on FY2017 results and FY2018 guidance provided by management. Introduction A reader recently inquired about my opinion on West Pharmaceutical Services, Inc. (NYSE: WST). This reader was of the opinion the stock might be a worthwhile addition to his portfolio because: the [...]
