Exclusive Analysis for the Discerning Investor
Brian Nelson The global aerospace giant reported strong second-quarter results and raised its top- and bottom-line outlook for 2012. The firm’s commercial backlog remains robust at nearly 4,000 unfulfilled orders, and we continue to expect a boom in commercial aircraft deliveries in coming years.
Though shares are trading down over 5%, we thought Apple’s fiscal third quarter was relatively strong. We’re big fans of the stock.
According to the NYTimes DealBook, Best Idea Ancestry.com is in discussions with a private-equity consortium to take itself private at a price in the mid-to-high $30s, a 45% premium to its Tuesday closing price at the high end of the range.
Cigarette maker Altria continues to perform well in spite of worries about a secular decline in cigarette consumption and a difficult economy. We think shares have upside from current levels.
Texas Instruments’ second-quarter results were mixed, and guidance was relatively weak. We aren’t crazy about the company at current levels, but its valuation is becoming more compelling after recent price declines.
AT&T’s higher margins in its wireless business are driving stronger profitability. Yet, we think shares are fairly valued at current levels.
McDonald’s reported lower than expected second quarter results. Though we’re keeping an eye on the firm as a dividend-growth idea, we’re on the sidelines for now.
Industrial conglomerate GE reported solid second-quarter results. Its backlog grew to $204 billion, but we think shares are fairly valued.
Hasbro faced a number of challenges in its second quarter, but earnings still exceeded expectations. We continue to like this dividend-growth gem.
We discuss a few improvements to Valuentum’s website that members should expect in coming days.