BA

Dividend Increases/Decreases for the Week Ending December 21

by

Below we provide a list of firms that raised their dividends during the week ending December 21. 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 Abbot Laboratories (ABT): now $0.32 per share quarterly dividend, was $0.28. ABM Industries (ABM): now $0.18 per share quarterly dividend, was $0.175. Alamo (ALG): now $0.12 per share quarterly dividend, was $0.11. ALPS Alerian Energy Infrastructure ETF (ENFR): now $0.1863 per share quarterly dividend, was $0.17. ALPS Cohen & Steers Global Realty Majors ETF (GRI): now $0.4095 per share quarterly dividend, was $0.22. ALPS Equal Sector … Read more

Market Mayhem — Alerts for Members

by

During these extremely volatile times, it’s important to stay focused. On December 15, we informed all of our members to “Pay Attention.” Shortly thereafter, we notified members of the potential for a stock market technical breakdown. This morning, we offered a pre-market briefing about the importance of thinking about portfolio protection. For Best Ideas Newsletter and Dividend Growth Newsletter members: http://campaign.r20.constantcontact.com/render?preview=true&m=1110817109903&ca=e2406cd6-c113-4344-8731-493f33fc44a4&id=preview For High Yield Dividend Newsletter members: http://campaign.r20.constantcontact.com/render?preview=true&m=1110817109903&ca=b3ba530f-38b3-489a-ac96-2961dca89c6b&id=preview For Exclusive members: http://campaign.r20.constantcontact.com/render?preview=true&m=1110817109903&ca=ba6d90c0-4433-48b2-9b8a-aac4ddf9006e&id=preview We’re here for any questions. Please just let us know how we can help! Kind regards, Brian Nelson, CFA  brian@valuentum.com

Earnings Roundup: Bellwethers and Big Name Dividend Payers

by

Image Source: Mike Cohen Let’s take a look at some high-profile earnings reports of this week, including those from Boeing, Caterpillar, 3M, AT&T, and Verizon. By Kris Rosemann Boeing Raises Full-Year Guidance Former simulated Dividend Growth Newsletter portfolio idea Boeing (BA) reported third-quarter results October 24, and a strong showing enabled management to increase its guidance for the full year. Revenue in the third quarter advanced 4% on a year-over-year basis thanks to higher defense volume and services growth as the company works to build the latter into a $50 billion business in the next five to ten years from its current $12+ billion run rate. The company’s operating margin faced pressure (GAAP operating margin contracted by two percentage points) as … Read more

In the News: Brexit, Unilever Simplification, and Geopolitical Uncertainty

by

Uncertainty related to Brexit continues to loom over the outlooks of multinational companies operating in Europe, and other geopolitical issues are making their presence known on global markets as well. By Kris Rosemann The British pound hit five-week highs against the dollar on the morning of September 11 as EU chief negotiator Michel Barnier said it was “realistic” to think the United Kingdom and European Union will reach a Brexit (EWU) deal within two months. The UK is scheduled to leave the EU on March 29, 2019, and Barnier’s comments have helped ease some concerns that the UK would leave the bloc without a formal trading agreement. President Trump’s silence regarding tariffs on the region has also fostered some cautious optimism, but … Read more

Honeywell Remains a Top Industrial Idea

by

Image Source: Honeywell It has been a long time since we explained to readers what we look at in stocks, and it’s probably a good time for a quick refresher. At Valuentum, we think a comprehensive analysis of a firm’s discounted cash flow valuation, relative valuation versus industry peers, as well as an assessment of technical and momentum indicators is the best way to identify the most attractive stocks at the best time to consider buying. We think stocks that are cheap (undervalued) and just starting to go up (momentum) are some of the best ones to evaluate for addition to the simulated newsletter portfolios. These stocks have both strong valuation and pricing support. Said differently, both the market likes … Read more

On Diversification

by

Diversification is one of the most important components of equity investing. By Brian Nelson, CFA I wanted to touch base briefly today to see how everyone is doing, and how we can continue to make our website better. We’ve been getting a lot of great feedback on the ability to download our data in Excel and create your customized screens. Instead of having to click on a number of the web pages on the website to access the screens, all you have to do is download the Excel file, and use the standard sorting functionality in it. Let us know if you think we need to host a walk through of how to use the Excel screener. We think it … Read more

Valuentum’s Weighted Average Cost of Capital (WACC) Distribution

by

The weighted average cost of capital is one of the most subjective measures in corporate finance, but it is also one of the most important ones. “The most important item over time in valuation is obviously interest rates…If interest rates are destined to be at low levels…It makes any stream of earnings from investments worth more money. The bogey is always what government bonds yield….Any investment is worth all the cash you’re going to get out between now and judgment day discounted back. The discounting back is affected by whether you choose interests rates like those of Japan or interest rates like those we had in 1982…When we had 15 percent short-term rates in 1982, it was silly to pay … Read more

Boeing’s Massive Backlog Still Growing, Near-Term Margin Concerns Crop Up

by

Image Source: Robert Sullivan Commercial aerospace giant Boeing continues to ride a wave of strong demand as its massive backlog continues to grow, but a write down related to the troubled KC-46 tanker appears to have investors thinking twice about its near-term margin performance. By Kris Rosemann Shares of former simulated Dividend Growth Newsletter portfolio idea Boeing (BA) faced a bit of selling pressure in the July 25 trading session following its second quarter earnings release as a write down related to additional costs in the troubled KC-46 tanker program helped caused a margin guidance reduction in its ‘Defense, Space & Security’ segment. Delivery of the first aircraft in the program is expected in October 2018, more than two years … Read more

Trade Worries Back on the Table

by

Image Source: Michael Vadon We think investors shouldn’t overreact, but we didn’t have two world wars in the last century because leaders of superpowers “got along” nicely. By Brian Nelson, CFA News that President Trump is asking to identify $200 billion worth of Chinese goods on which to levy a 10% tariff has the markets a bit jittery. China’s Ministry of Commerce responded that if the US moves forward with the tariffs, it would take “comprehensive quantitative and qualitative measures and retaliate forcefully.” We expect news regarding trade tensions between the US (SPY, DIA) and China (FXI, MCHI) to only intensify in the coming weeks, as the White House seeks to pursue what is likely game theory to achieve better … Read more

Study: Valuentum’s Best Ideas Newsletter Portfolio

by

To read the study, please click on the image to download the pdf document (pdf).