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 [...]
In my June 9, 2022 Pass On Stanley Black and Decker guest post at Dividend Power, I present why investors would be wise to look at other potential investments. Although its: dividend has increased for 55 consecutive years; dividend yield is ~2.76% (based on a ~$116.60 share price when I composed this guest post); valuation [...]
Following the recent release of my FFJ Portfolio - May 2022 Report, I have decided to exit 4 small positions to increase portfolio concentration and quality. The value of my exposure to each is insignificant. The first 3 companies are companies in which I received shares because of spinoffs. Embecta Corp. (EMBC) In early April [...]
I last reviewed Hormel (HRL) in this May 21, 2021 post at which time I concluded it was an overvalued Dividend King. This Dividend King has a history of 375 consecutive quarters of dividend payments and dividend increases of 56 consecutive years; it has paid a regular quarterly dividend without interruption since becoming a public [...]
This is my FFJ Portfolio - May 2022 Report. In late 2021, it was very difficult to identify reasonably valued or undervalued companies. In the first 2/3rds of May, however, it was like shooting for fish in a barrel. Then, toward the tail end of May, it looked like we might be witnessing a return [...]
It might seem odd that I recommend you pass on Cisco (CSCO) despite its attractive valuation. After all, I repeatedly state that investors should pay particularly close attention to valuation. I last reviewed Cisco (CSCO) in my November 4, 2021 guest post at Dividend Power. At that time, Q4 2021 (July 31, 2021 FYE) [...]
HEICO (HEI) is a Defense and Aerospace gem with which many investors might be unfamiliar. Other investors might have encountered HEI. Because they fixate on dividend yield and consecutive years of dividend increases, however, they cast aside this potential investment. Before we go further, feast your eyes on HEI's 31-year cumulative total return relative to [...]