I continue to have a positive outlook on Chevron Corporation's (CVX) long-term potential. Based on management's guidance for FY2020 and CVX's current valuation I have acquired additional shares for one of the 'core' accounts within the FFJ Portfolio. Summary CVX released Q4 and FY2019 results on January 31, 2020 in which it reported in excess [...]
This is my January 2020 FFJ Portfolio update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in high quality companies with competitive advantages and with a record of consistently increasing dividends can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend [...]
Intact Financial Corporation (IFC) is a high quality Canadian based P&C insurance company with a ~17% market share. IFC held its Investor Day on November 19, 2019 at which time management provided its strategic roadmap for the next decade. Although I view shares as currently being richly valued I have acquired shares for an undisclosed [...]
This is my December 2019 FFJ Portfolio update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in high quality companies with competitive advantages and with a record of consistently increasing dividends can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend [...]
This is my November 2019 FFJ Portfolio update. The portfolio was created in January 2017 for the purpose of demonstrating how investing in high quality companies with competitive advantages and with a record of consistently increasing dividends can assist investors in reaching their long-term financial goals without the need to speculate or to chase dividend [...]
I have a positive outlook on Chevron Corporation's (CVX) long-term potential in that in recent years CVX has been repositioned to deliver long-term value to investors. There is growing demand for its products and efficient capital employment should enable it to continue to generate superior returns relative to its largest competitors. CVX generates strong cash [...]
I recently disclosed that I have initiated a position in Stryker Corporation (SYK). I have a long-term positive outlook on the company but am not ruling out the potential for a broad market pullback which would likely result in a drop in SYK's share price. In this brief article I explain the option trade I [...]
The Automatic Data Processing, Inc. (ADP) November 2019 $180 covered calls have just expired worthless meaning I retain the underlying shares and 100% of the option premium (net of nominal trading commission) I collected when I wrote the covered calls in August. In this brief article I look at whether I should write new covered [...]
Stryker Corporation (SYK) has disclosed its intent to acquire Wright Medical Group Inc. (WMGI) with a closing schedule for September 30, 2020. Although this acquisition is larger than the several acquisitions SYK has successfully completed in recent years, I fully expect SYK will achieve the targets it expects to achieve with the acquisition. I expect [...]
Broadridge Financial Solutions, Inc. (BR) released Q1 2020 results and reiterated FY2020 guidance on November 6, 2019. At the time of my August 7, 2019 article I suggested investors might want to wait for BR's share price to pullback further before acquiring shares. With the pullback on November 6th I have taken the opportunity to [...]
