In my recent Imperial Oil (IMO) Is Gushing Free Cash Flow guest post at Dividend Power, I explain why I am not initiating a position in the company. Instead, I am increasing my exposure to Exxon Mobil Corporation (XOM) which owns 69.6% of IMO; my Exxon Mobil (XOM) Shareholders Are Finally Being Rewarded guest post [...]
Profit From PepsiCo's Addictive Products Many investors are undoubtedly familiar with PepsiCo, Inc. (PEP); its product offerings can be viewed here. It is, after all, a company which sold consumable products in more than 200 countries and territories in FY2021. While PEP has an entire section on its website devoted to Health & [...]
Goldman Sachs' (GS) earnings have historically been volatile. Once David Solomon took over CEO responsibilities from Lloyd Blankfein in January 2019, however, the firm embarked on a strategy to generate more durable and sustainable fee-based revenues and to better manage capital efficiency. Significant progress has been made over the past couple of years and GS's [...]
Imperial Oil (IMO) Is Gushing Free Cash Flow After mid-June, we witnessed a pullback in the share price of integrated oil and gas companies. I consider this pullback as a buying opportunity and explain in my July 7, 2022 Imperial Oil (IMO) Is Gushing Free Cash Flow guest post at Dividend Power why [...]
I continually look to add to positions and last reviewed Nike (NKE) at which time I concluded shares were overvalued. After that post, global economic conditions significantly changed. This has led to a decline in the share price of many of my existing holdings; NKE is one such company. While I welcome a drop in [...]
I last performed an Investment Holdings Review in this early January 2022 post. Subsequently, market conditions have radically changed. In addition, I have exited a few positions and have increased my exposure to several companies. My underlying reason for performing these periodic reviews is that I hold shares of many companies in a few different [...]
In my FFJ Portfolio – June 2022 Interim Report, I disclose exiting 4 positions whose risk I deemed unacceptable. This FFJ Portfolio - June 2022 Report discloses the companies to which I increased my exposure during June. Purchases I acquired additional shares in the following companies: Blackstone (BX) S&P Global (SPGI) Chevron (CVX) Exxon Mobil [...]
Much like Automatic Data Processing (ADP) which I analyzed in this January 27 2022 post, Paychex should benefit from a rising rate environment. This is because it often holds over $4.5B in funds held for clients, cash and cash equivalents, restricted cash, and corporate investments. Management's FY2023 projection is for $85 - $95 million of [...]
Following the completion of its TNT acquisition in May 2016, FedEx (FDX) realized the TNT business was severely under-invested. While the investment community did not respond kindly to this revelation, I considered this to be an opportunity to initiate a position through a retirement account for which I do not disclose details. In my June [...]
In a recent post on a popular investment website, readers are presented with 5 low P/E stocks that investors must not overlook. Within minutes, however, it is readily apparent these are 5 low P/E stocks investors should overlook. The 5 companies ranked from highest to lowest risk, are as follows. Although the major rating agencies [...]