In my Walmart (WMT) guest post at Dividend Power, I touch upon why I do not think it is a safe investment decision at the current valuation. There is nothing fundamentally wrong about the company. The issue I have is that we are experiencing a period of irrational exuberance. Some investors are paying little regard [...]
I last reviewed Intuitive Surgical (ISRG) in this July 23, 2024 post at which time it had just released Q2 and YTD2024 results and shares were trading at ~$461. In that post, I state that ISRG was my 7th largest holding when I completed my 2024 Mid Year FFJ Portfolio Review; the share price at [...]
The following recent posts focus on the asset management industry. Brookfield Asset Management Exposure Increased Brookfield Corporation – Targeting DE of $5B by 2030 Consider Investing In Asset Managers Select Your Asset Manager Investment Wisely BlackRock – An Asset Manager Investment For The Long Term In keeping with the asset manager theme, I revisit [...]
In my October 16 Select Your Asset Manager Investment Wisely post, I state that there are some great firms in the highly fragmented asset management industry. One such industry participant is BlackRock (BLK) which I consider to be an asset manager investment for the long term. At the end of Q3 2024, it had ~$11.5T [...]
When I last reviewed Paychex (PAYX) in this April 3, 2024 post, the most current financial information was for Q3 and YTD2024. In that post, I disclosed the purchase of additional shares @ ~$117.55. Fast forward to October 1. We now have Q1 2025 results and shares are trading @ ~$140.80 as I compose [...]
In my Starbucks (SBUX) guest post at Dividend Power I explain why there is not a chance that I would invest in the company. Starbucks' (SBUX) investors have been rewarded with an annual rate of return in the upper teens if shares were acquired at the end of August 1995 and never sold. It [...]
I have covered Copart (CPRT) in several prior posts that are accessible through the Archives. When I wrote my May 17, 2024 Copart – A Wonderful Wide Moat Company post, CPRT had recently released its Q3 and YTD2024 results. We now have CPRT's Q4 and FY2024 results (released after the September 4 market close) thus [...]
I first reviewed Veeva Systems (VEEV) in my December 26, 2023 post at which time I indicated I had placed it on my 'Watch List'. The last time I reviewed it, however, was in this March 21, 2024 post at which time I disclosed my decision to initiate a position in the FFJ Portfolio. [...]
In my December 19, 2023 post, I touched upon why I think investors can create wealth with a HEICO (HEI and HEI-a) investment. I subsequently covered HEI in a January 8, 2024 guest post at Dividend Power. When I reviewed HEI in my January 8, 2024 guest post, the most currently available financial information [...]
When I last reviewed Agilent (A) in this November 22, 2023 post, it had just released its Q4 and FY2023 results and Q1 and FY2024 guidance. At the time, management had forecast strong FY2024 cashflow while navigating challenging business conditions. With the release of Q3 and YTD2024 results and FY2024 guidance on August 21, [...]