In my April 8, 2021 Skim Additional Income with Covered Calls post I disclose the use of out-of-the-money covered calls to generate additional income. In this post, I disclose my intent to once again generate income with out-of-the-money covered calls using my underlying Mastercard (MA) shares now that my covered call option contracts expired worthless [...]
Not all investors seek excitement and volatility from their investments and look to Hormel Foods Corporation (HRL) for its low volatility, stability, and dependability. Although HRL is a high-quality company, the current issue as I see it is that HRL is an overvalued Dividend King. A Dividend King is a US public company with a [...]
On May 17th I wrote an article in which I analyzed Lockheed Martin. On May 18th, Raytheon Technologies (RTX) held its 2021 Investor Day; it is a significant Lockheed Martin competitor. At this Investor Day, members of senior management outlined how Raytheon Technologies is investing for growth and profitability to generate attractive shareholder returns. In [...]
Lockheed Martin Corporation's (LMT) share price has appreciated substantially after my Lockheed Martin Corporation – A Low Risk, Reasonably Valued High-Quality Defense Prime Contractor article and December - February follow-up articles. Looking at LMT's share price in isolation, however, does not enable investors to properly assess the company's current valuation. In this article, I look [...]
My most recent guest post entitled ADP - An Overvalued Dividend Aristocrat at Dividend Power - The Power of Dividend Growth Investing is based on Q3 2021 and YTD results and guidance. I will now be periodically contributing guest posts for Dividend Power. Previous article contributions are Genuine Parts Company – A Slightly Overvalued Dividend King [...]
As a long-term investor seeking to invest in undervalued/fairly valued high-quality companies, investment opportunities that meet my investment criteria are currently few and far between. Following Alimentation Couche-Tard's (ATD-a.TO and ATD-b.TO) recent $1B private debt offering Press Release, however, I now revisit this existing holding to determine if I should increase my ATD exposure. Based [...]
On April 29th, Merck & Co., Inc. (MRK) released Q1 2021 results and on May 3rd it held its Merck/Organon Investor Day. I continue to think Merck is reasonably valued and is poised for more rapid growth following my review of the material presented at both events. This brief article is a follow-up to my [...]
Given the current market conditions in which the likes of Robinhood have helped turn the stock market into a casino, I find it to be invaluable to re-read The Intelligent Investor by Benjamin Graham. I highly recommend Chapter 20 which covers the importance of margin of safety. Chief Hazard Of A Buyer Of Securities The [...]
This is my FFJ Portfolio - April 2021 Report. The portfolio was created in January 2017 to demonstrate how investing in reasonably valued high-quality companies with competitive advantages can assist investors in reaching their long-term financial goals without the need to speculate or chase dividend yield. Skimming Additional Income With Covered Calls Articles posted in [...]
S&P Global Inc. (SPGI) is a high-quality company that has amply rewarded long-term shareholders. Acquiring grossly overvalued shares, however, can result in inferior investment returns even if the company happens to be high-quality. I think SPGI is a richly valued Dividend Aristocrat after reviewing Q1 2021 results and FY2021 guidance. A Dividend Aristocrat is a [...]