The Home Depot (HD) share price surge reduces its attractiveness. I suspect this surge is likely partially attributed to irrational exuberance! In my April 4, 2022 Home Depot (HD) post, I disclose the purchase of 200 shares @ ~$303.36 in a 'Side' account within the FFJ Portfolio. At that time, the most current financial information [...]
I first reviewed TELUS International (Cda) Inc. (TIXT) in my February 16, 2021 post at which time I disclosed a new 400-share position @ ~$39.48 in one of the 'Core' accounts in the FFJ Portfolio. Following the release of Q2 and YTD2021 results, I revisited TIXT in my August 1, 2021 post. Now that TIXT [...]
Brookfield Asset Management (BAM-a.TO and BAM) generates strong Distributable Earnings. This makes it a great long-term investment for investors seeking exposure to asset managers. I have reviewed it several times with my most recent post being a May 20 guest post at Dividend Power. In that post, I touch upon its intent to transition to [...]
My last Broadridge Financial Solutions (BR) review was on May 11, 2022. At the time I considered its valuation to be attractive so I added to my exposure @ $138.43/share in a 'Core' account within the FFJ Portfolio. Now, however, Broadridge's window of opportunity is closed. Now that BR has released Q4 and FY2022 results [...]
Rating upgrades and recent acquisitions and divestiture mean Becton Dickinson (BDX) has a lower risk profile and superior growth prospects. I last reviewed Becton Dickinson (BDX) in this November 13, 2021 post. At the time, BDX had announced its intent to spin off its Diabetes Care business as part of its 2025 Strategy - Grow, [...]
In my opinion, Intercontinental Exchange (ICE) currently offers growth at a fair valuation. I last analyzed ICE in my May 6, 2022 post, at which time I provided a brief overview of the company and the proposed acquisition of Black Knight, Inc. (BKI). This $13.1B cash and stock transaction ($85/share which is in line with [...]
S&P Global (SPGI) is a great long-term investment but investors would be wise to wait for a better valuation. I last reviewed SPGI in this May 5, 2022 post following the release of Q1 2022 results. My Final Thoughts in that post are: S&P Global is accelerating revenue prospects in high-growth markets which bodes well [...]
Intact Financial (IFC), a fragmented Canadian insurance market leader, holds a ~20% market share in the property and casualty insurance space; the top 5 hold a ~49% market share. Not only is IFC a market leader in Canada but it is becoming a specialty solutions leader and following various strategic acquisitions, it now has access [...]
This FFJ Portfolio - July 2022 Report discloses my investment activity. Purchases During the month, we had a window of opportunity to acquire reasonably valued shares. Altogether I deployed ~$52,500 USD and ~$943 CDN by adding to several positions. July 4 - In conjunction with my Goldman Sachs’ Earnings Are Becoming More Resilient and Diversified [...]
On July 27, 2022, Automatic Data Processing (ADP) released strong Q4 and FY2022 results and an encouraging FY2023 outlook. Despite an increase in ADP's adjusted diluted EPS guidance relative to FY2022 results, the sudden surge in ADP's share price has led to a slight deterioration in its valuation from the time of my last analysis. [...]