Summary Reuters has recently published a story that JNJ has known internally about the presence of asbestos in its talcum powder for decades. Regardless of whether investors feel this is ‘old news’ or not, the fact remains that there are roughly 9,000 – 10,000 pending talc related cases. JNJ is currently appealing a case [...]
Investing in high quality companies already carries an element of risk. Why anyone would gravitate to higher risk investments is beyond me as many of these higher risk investments end in heartbreak. Be careful out there! I don’t mean to sound like a broken record but here is another article devoted to warning you [...]
FedEx (FDX) has seen its share price drop ~31% from its 52 week high. FedEx Express’s CEO will retire effective Dec. 31, 2018, after just two years at the helm with this ‘retirement’ announcement coming in the midst of the crucial holiday season. While Q2 2019 results will be released December 18th and we could [...]
General Mills (GIS) is scheduled to release Q2 FY2019 results shortly. While the ~5.1% dividend yield and current attractive valuation will appeal to many investors I see far too many headwinds. Investors should be investing in companies which provide products/services that are growing in demand. Looking at GIS’s suite of products and considering that the [...]
Korn Ferry International (KFY) shares pulled back ~$19 in early September when the company took a sizable Goodwill writedown as part of its strategic reorganization. This resulted in KFY shares becoming fairly valued. KFY has now just reported the best quarterly top line and bottom line results in the company's history. Shares have pulled back [...]
Summary Korn/Ferry released Q2 results and reported the best top line and bottom line results in the company’s history. Many investors will likely shy away from a KFY investment because of its sub 1% dividend yield and stagnant quarterly dividend. I view shares as being attractively valued and am currently employing a conservative covered Call [...]
Many investors worry about stock price pullbacks. Don't be like the masses. Invest in good solid companies which have (1) competitive advantages, (2) are profitable, and (3) which generate strong Free Cash Flow (FCF). If you do this then you will have a greater appreciation for lower stock prices. Worldwide equity markets are certainly [...]
Stock screeners can be misleading. In the case of this company, in 2012 it introduced a variable dividend component to its dividend policy. This variable dividend is not picked up by stock screeners which likely results in many investors completely overlooking this company as a worthwhile long-term investment. On August 5, 2018 I wrote [...]
On August 5, 2018 I wrote this article in which I indicated that relying solely on stock screeners to identify investment opportunities has its shortcomings. At the time of that article CME was trading just shy of ~$162 and stock screeners reflected a dividend yield of ~1.73%. Fast forward to December 5 and the stock [...]
This article on The Bank of Montreal (BMO) is the fifth of a 5 part series on 'The Big 5' Schedule A Canadian banks. At the time of my September 5th article, I viewed BMO shares as being overvalued. Shares have subsequently retraced ~11.3% and I now view them as being fairly valued. Investors seeking [...]
