On August 27, 2015 I initiated an 'experiment' to determine which company would generate the best investment returns over a 20+ year time frame - Chevron (CVX) or Exxon Mobil (XOM). As at November 3, 2018, the value of my current CVX holdings is ~$10,000 greater than the value of the XOM holdings; dividends are [...]
On November 2, 2018, Enbridge (ENB) released solid Q3 2018 results and provided an update on its strategic initiatives. ENB is heavily leveraged but once it completes its secured growth project inventory I envision ENB generating significant Free Cash Flow which can be used to reduce debt and support continued low double digit percentage growth [...]
Church & Dwight (CHD) released its Q3 2018 results November 1, 2018. Mr. Market promptly bid up shares over 9% by the close of business. CHD is a high quality company which focuses heavily on Free Cash Flow and its Cash Conversion Cycle which is more that can be said for other publicly traded companies [...]
There are some companies in the universe of publicly traded companies which should be avoided. Owens & Minor (NYSE: OMI) is one of them. The company's financial performance has been deteriorating over the past few years and on October 31, 2018 it released Q3 and YTD 2018 results. Part of its earnings announcement included a [...]
Mastercard (NYSE: MA) released its Q3 2018 results October 30, 2018. Mastercard and VISA have recently agreed to pay $5.54B - $6.24B to a class of more than 12 million merchants who accept the payment networks’ cards in the largest-ever class-action settlement of a U.S. antitrust case. This brings to an end one litigation matter [...]
The Hershey Company (NYSE: HSY) recently released Q3 2018 results. It warned its profits will come under pressure given rising costs but there are plans to offset these higher costs with strategic price increases on roughly a fifth of HSY products. HSY is not an investment with which you will get rich overnight. HSY is [...]
In my March 3rd analysis written exclusively for Financial Freedom is a Journey subscribers I indicated I viewed Moody's (NYSE: MCO) as being overvalued. MCO's share price has taken a beating in recent months and less than impressive Q3 results released October 26th has knocked another ~13.44% from its share price. I like it when [...]
In my March 4th analysis written exclusively for Financial Freedom is a Journey subscribers I indicated I viewed S&P Global (NYSE: SPGI) as being overvalued. Now that SPGI has pulled back in the past month and has released Q3 and YTD results and has updated its guidance for the remainder of the current fiscal year, [...]
Canadian National Railway Company (TSX: CNR) released its Q3 2018 results on October 23rd and reported its highest quarterly revenue in its 99 year history. Net income, however, was hit by higher costs (there are very valid reasons for these higher costs). CNR has made an impressive turnaround in the last couple of quarters and [...]
3M (MMM) released its Q3 2018 results on October 23rd. Investors did not take well to the results nor the downward EPS guidance and promptly lopped ~$8.80 off the share price. Despite lower guidance, this is not the type of company long-term investors should give up on. There are certainly a number of headwinds 3M [...]
