Valuentum Exclusive Analysis for the Discerning Investor

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Aug 9, 2024

Dividend Increases/Decreases for the Week of August 9
Let's take a look at firms raising/lowering their dividends this week.

Apr 26, 2024

Dividend Increases/Decreases for the Week of April 26
Let's take a look at firms raising/lowering their dividends this week.

Aug 11, 2023

Dividend Increases/Decreases for the Week of August 11
Let's take a look at firms raising/lowering their dividends this week.

Jan 13, 2023

Dividend Increases/Decreases for the Week of January 13
Let's take a look at firms raising/lowering their dividends this week.

Nov 28, 2022

Deere’s Incredible Pricing Power Shines Through in Fiscal Fourth Quarter
Image: Deere put up excellent fiscal fourth-quarter results for the period ending October 30, 2022. The company's pricing power is phenomenal. Image Source: Deere. Deere & Company put up excellent fiscal fourth quarter results November 23, and the highlight of the quarter was the firm’s tremendous pricing power. Its outlook for fiscal 2023 was solid, too, and we expect considerable operating income expansion on the back of strong double-digit top-line growth as supply chain issues fall to the wayside in the coming quarters as economic conditions normalize. Deere has a sizable net debt position and traditional free cash flow faced pressure on a year-over-year basis during fiscal 2022, but the company may be one of the best ways to combat inflation through equities. Management also expects operating cash flow to bounce back to the range of $9-$9.5 billion in fiscal 2023 from $4.7 billion in the recently completed fiscal 2022. For us, however, Deere isn’t a great fit for the simulated newsletter portfolios given its pricey stock and comparatively small dividend yield of ~1%, but its outlook bodes well for the agricultural supply chain for fiscal 2023. The high end of our fair value estimate for Deere still resides below its current price of $440 per share, meaning investors are paying up to own Deere at the moment.

Sep 28, 2022

Things Are Bad Out There
The Bank of England’s intervention to stem what might have turned into a “run on the bank” dynamic for pension funds in the country amid a collapsing pound has given rise to the view that the Fed may start to slow its rate of increases amid global uncertainty. We think it’s too early to tell. From our perspective, the Fed remains committed to stomping out inflation, something that it may not truly be able to do, given that interest rate hikes may be too blunt of an instrument to stymie food cost inflation, which remains one of the the biggest inflationary headwinds that is hurting consumer budgets. What is happening on the global stage is quite concerning, and we remain bearish on the equity markets. The bull case may very well be a deep recession in the U.S., where dollar cost averaging in the U.S. markets could be had, followed by sharp interest rate cuts by the Fed, and a return to all-time highs. This is not a time to lose interest, but a time to pay even closer attention to your investments. What you do over the next couple years will have implications on your portfolio 5, 10, and 20 years forward. Let’s keep focused on preserving and building long-term wealth!

Aug 12, 2022

Dividend Increases/Decreases for the Week of August 12
Let's take a look at firms raising/lowering their dividends this week.

May 13, 2022

Dividend Increases/Decreases for the Week May 13
Let's take a look at companies that raised/lowered their dividend this week.

Apr 29, 2022

Dividend Increases/Decreases for the Week April 29
Let's take a look at companies that raised/lowered their dividend this week.

Oct 26, 2021

Schlumberger Recovering, Outlook Bright
Image Shown: Shares of Schlumberger NV are on the upswing, though the company’s stock price remains far below levels seen before the COVID-19 pandemic. On October 22, the oilfield services giant Schlumberger NV reported third-quarter 2021 earnings that missed consensus top-line estimates and matched consensus bottom-line estimates. The company’s business continues to recover as oil & gas investment activity is picking up steam around the globe after getting decimated last year in the face of the coronavirus (‘COVID-19’) pandemic. Looking ahead, Schlumberger expects significant improvement in its mid-cycle financial performance from current levels, aided by major cost structure improvements embarked on last year.