Exclusive Analysis for the Discerning Investor
Brian Nelson Dividend growth gem Procter & Gamble reported solid fourth-quarter results and reaffirmed decent guidance for its 2013 fiscal year. We hold the name in the portfolio of our Dividend Growth Newsletter and will continue to do so.
With the exception of Abercrombie, July same-store sales were pretty good.
Beam and Boston Beer reported second quarter results this week. We think both companies are overvalued.
Food giant Kellogg reported a decent second quarter in spite of weakness abroad. We aren’t fans of the company or its dividend growth potential at this time.
Cable provider and owner of NBCUniversal, Comcast reported a strong second quarter. Though the business generates gobs of cash flow, we think it’s fairly valued at this time.
Keurig-maker Green Mountain Coffee Roasters’ results weren’t as awful as its outlook. We aren’t at all interested in the firm.
First Solar’s second quarter results were stronger than expected, but we still do not like the solar industry.
Auto sales in July continued to grow on a year-over-year basis, but not as quickly as in the first quarter of the year. We still believe Ford and GM are undervalued.
Payment processor Mastercard reported excellent second quarter results. We like the firm’s ability to generate value, but we prefer Visa.
Valero reported better-than-expected second quarter earnings. However, we think shares are fairly valued.