Valuentum Weekly: Nothing Surprising, Well-Positioned!
December 3, 2021
Image source: Cathie Wood’s flagship ETF, the ARK Innovation ETF (ARKK) has fallen more more than 40% from its 52-week high. This is nothing short of a complete and utter bloodbath for such an actively-managed fund, in our view. We note this for context. We’re not just talking about one or two or five stocks that are down 40% from 52-week highs, but the *entire fund.* Investors have to keep things in perspective. It’s perfectly reasonable within the context of a portfolio to have a few stocks off 10%, 20%, or maybe even 50% from all-time highs. However, if your entire portfolio is down 40%+ from 52-week highs, you’re doing something wrong. Hi everyone: It’s the most wonderful time of
Best Idea Dollar General Announces Plans to Go International
December 3, 2021
Image Source: Dollar General Corporation – Fiscal 2020 Annual Report By Callum Turcan On December 2, Dollar General Corporation (DG) reported third quarter earnings for fiscal 2021 (period ended October 29, 2021) that matched consensus top-line estimates and beat consensus bottom-line estimates. The discount retailer also once again raised its full-year guidance for fiscal 2021, which we will cover in just a moment. For reference, please note that Dollar General’s fiscal years end in late-January or early-February. We will start off by stressing that Dollar General put up banner performance in fiscal 2020 (period ended January 29, 2021) when its same-store sales boomed higher by over 16% and its GAAP net revenues grew by almost 22% on an annual basis.
Dividend Growth Idea Dick’s Sporting Goods Is Firing on All-Cylinders; Raises Guidance (Again) While Generating Gobs of Free Cash Flow
December 2, 2021
Image Source: Valuentum By Callum Turcan On November 23, Dick’s Sporting Goods Inc (DKS) reported third quarter earnings for fiscal 2021 (period ended October 30, 2021) that beat both consensus top- and bottom-line estimates. The sporting goods retailer once again raised its full-year guidance for fiscal 2021 in conjunction with its latest earnings report. Dick’s Sporting Goods also raised its guidance when reporting its fiscal second quarter earnings back in August 2021 and its fiscal first quarter earnings back in May 2021, highlighting management’s growing confidence in the company’s near term performance. Though shares of DKS sold off following its latest earnings update, likely due to concerns over inflationary pressures and supply chain hurdles, Dick’s Sporting Goods’ outlook remains rock-solid.
Large Cap Growth Dominates, MLPs Have Suffered
December 1, 2021
— Sign up to our new options commentary here. — $1,000/year. 4 ideas per month and more! — Image: Win = The options contract was closed as a win. Closed = the options contract was closed at a loss. Expired = The options contract expired worthless. Pie chart above does not consider ideas still open. Data through October 26, 2021. Results are hypothetical. No trading is taking place. Past performance is not indicative of future performance. — Please note that with options trading, investors can lose their entire premium. Don’t ever trade with money that you can’t afford to lose. Valuentum is an investment research publisher and accepts no liability for how readers may choose to utilize the content. By continuing with an
We Remain Bullish on Disney’s Capital Appreciation Upside Potential
November 30, 2021
Image Shown: Shares of The Walt Disney Company have shifted lower over the past month, though are still bullish on its capital appreciation upside. Our fair value estimate sits at $192 per share of Disney. By Callum Turcan The Walt Disney Company (DIS) reported fourth-quarter earnings for fiscal 2021 (period ended October 2, 2021) on November 10 that missed consensus top- and bottom-line estimates. While the company’s ‘Disney Parks, Experiences and Products’ segment (includes its theme parks and resorts operations) staged an impressive turnaround last fiscal quarter, its ‘Disney Media and Entertainment Distribution’ segment (includes its video streaming businesses) grew at a slower pace than expected. Shares of Disney sold off after its latest earnings report, though we remain confident
Bitcoin, U.S. Large Cap Growth, and Technology Continue to Dominate Returns
November 28, 2021
Image source: Seeking Alpha, retrieved November 28 —– Valuentum members have access to our 16-page stock reports, Valuentum Buying Index ratings, Dividend Cushion ratios, fair value estimates and ranges, dividend reports and more. Not a member? Subscribe today. The first 14 days are free. The Benefits of Premium Membership Sign Up Today. First 14 days FREE! At Valuentum (val∙u∙n∙tum) [val-yoo-en-tuh-m], we strive to stand out from the crowd. Most investment research publishers fall into a few camps, whether it be value, growth, income, momentum, chartist or some variant of the aforementioned. We think each in its own right holds merit, but the combination of these approaches is even more powerful. After all, stock price movements aren’t just driven by investors of the value or
South32 Continues to Improve Its Asset Base
November 26, 2021
Image Source: South32 – October 2021 Sierra Gorda Acquisition IR Presentation By Callum Turcan South32 (SOUHY) represents one of our favorite ideas in the mining space, and we include shares of SOUHY as an idea in the new ESG Newsletter portfolio (more on that here). We view both South32’s capital appreciation and income generation upside quite favorably, keeping in mind the firm has a variable dividend policy that is subject to foreign currency movements. On a scale of 1-100 (with 100 being the best), South32 earns a nice ESG rating of 93 (based on our proprietary ESG rating matrix) as the miner continues to pivot towards commodities that will be essential to making the green energy revolution possible. Before we
Dividend Increases/Decreases for the Week November 26
November 26, 2021
Below we provide a list of firms that raised their dividends during the week ending November 26. The dividend reports of covered firms on this list will be updated shortly with the new information. To access our dividend reports use the ‘Symbol’ search box in our website header. Firms Raising Their Dividends This Week Alpine Income Property Trust (PINE): now $0.27 per share quarterly dividend, was $0.26. Amcor (AMCR): now $0.12 per share quarterly dividend, was $0.1175. American Equity (AEL): now $0.34 per share quarterly dividend, was $0.32. Brigham Minerals (MNRL): now $0.40 per share quarterly dividend, was $0.35. Central Pacific Financial (CPF): now $0.25 per share quarterly dividend, was $0.24. Chesapeake Energy (CHK): now $0.4375 per share quarterly dividend,
Ameresco Has Soared, Boosts Guidance (Again)
November 24, 2021
Image Shown: Shares of Ameresco Inc have boomed higher since we first wrote about the company on V.com back in August 2020. We include Ameresco as an idea in our ESG Newsletter portfolio and see ample room for further capital appreciation upside. By Callum Turcan On November 1, Ameresco Inc (AMRC) reported third-quarter 2021 earnings that missed top-line consensus estimates but beat bottom-line numbers. The company also raised its full-year guidance (again) for 2021 which saw it increase the midpoint of its revenue, gross margin, non-GAAP adjusted EBITDA, and non-GAAP EPS forecast. Ameresco also raised its full-year guidance for 2021 when it published its first quarter 2021 earnings report. We include Ameresco as an idea in the new ESG Newsletter
Nvidia Continues to Deliver in the Face of Global Supply Chain Crunch
November 23, 2021
Image Source: Nvidia Corporation – September 2021 IR Presentation By Callum Turcan On November 17, Nvidia Corporation (NVDA) reported third quarter earnings for fiscal 2022 (period ended October 31, 2021) that beat both consensus top- and bottom-line estimates, and the firm provided favorable guidance covering the current fiscal quarter. The company has done a solid job navigating the ongoing shortage of semiconductor components along with other hurdles, such as logistical bottlenecks and inflationary pressures. Nvidia’s growth runway is enormous as it intends to expand into a new market within the semiconductor space, which we will cover in this note. Shares of NVDA have leapt higher during the past month as the “chip” company’s (Nvidia designs chips that are produced by
