IRT

Value Is Not Static and the Qualitative Overlay Is Vital to Our Process

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With prudence and care, the Valuentum Buying Index process and its components are carried out. Our analyst team spends most of its time thinking about the intrinsic value of companies within the context of a discounted cash-flow model and evaluating the risk profile of a company’s revenue model. We have checks and balances, too. First, we use a fair value range in our valuation approach as we embrace the very important concept that value is a range and not a point estimate. A relative value overlay as the second pillar helps to add conviction in the discounted cash-flow process, while a technical and momentum overlay seeks to provide confirmation in all of the valuation work. There’s a lot happening behind the scenes even before a VBI rating is published, but it will always be just one factor to consider. Within any process, of course, we value the human, qualitative overlay, which captures a wealth of experience and common sense. We strive to surface our best ideas for members.

News Brief: Stay at Home Stocks, REITs, Housing, Oracle, and AT&T

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Image: Number of COVID-19 cases reported weekly by WHO Region, and global deaths, 30 December 2019 through 18 October 2020. Source: WHO. The COVID-19 pandemic continues to rage on, though the healthcare community has become more adept at reducing the incidence of death given the many treatments now available to battle the disease. We continue to stay the course with the newsletter portfolios. Many of our favorites include Apple, Microsoft, Facebook, Alphabet, and PayPal, among other moaty, net-cash-rich, free-cash-flow generating powerhouses tied to secular growth trends. Our focus remains on the long haul. The business models of many stay-at-home stocks are solid as they continue to reap the rewards of the accelerated trends of home office use and e-commerce proliferation. … Read more

Earnings Brief: BOX, CRM, WMT, TOL, HD/LOW

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Image Source: Toll Brothers. Iron Oak at Alamo Creek, Danville, CA.  By Brian Nelson, CFA Let’s cover some trends that may emerge out of the COVID-19 pandemic, including accelerated e-commerce proliferation and its impact on brick-and-mortar giants, as well as an increased likelihood of suburban sprawl that may propel some names while leaving others behind. Box, Inc. According to its website, Box (BOX) is “a leading Cloud Content Management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information, all while working with a best-of-breed enterprise IT stack.” The company’s balance sheet isn’t as clean as we would like given its operating lease liabilities, but it does hold more than $270 million in cash … Read more

Dividend Increases/Decreases for the Week Ending June 19

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Below we provide a list of firms that raised their dividends during the week ending June 19. 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 CBA Florida (CBAI): now $0.0062 per share liquidating distribution. Dividend 15 Split Corp IIA (DVDDF): now CAD 0.10 per share monthly dividend, was suspended. Dividend Select 15 (DVVDF): now CAD 0.0496 per share monthly dividend, was CAD 0.0489. Financial 15 Split Corp (FNNCF): now CAD 0.04583 per share monthly dividend, was CAD 0.0458. Franklin Limited Duration Income Trust (FTF): now $0.0736 per share monthly dividend, was … Read more

Stock Market Outlook for 2021

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By Valuentum Analysts February 8, 2021 2020 was one for the history books. We covered our thoughts and reflections on the past year in our “2020 Won’t Soon Be Forgotten” article (link here), and now we are looking towards the future. Global health authorities should be able to bring an end to the ongoing coronavirus (‘COVID-19’) pandemic sooner than many had expected as several vaccines have already been improved for emergency use and several others appear increasingly likely to get approved. Global vaccine distribution activities are currently underway, and this should allow the world to slowly return to pre-pandemic activities. Before then, immense stimulus measures launched primarily in developed nations should support global economic activities until the public health crisis … Read more

Dividend Increases/Decreases for the Week May 20

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Below we provide a list of firms that raised their dividends during the week ending May 20. 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      Advanced Drainage Systems (WMS): now $0.12 per share quarterly dividend, was $0.11. American Tower (AMT): now $1.43 per share quarterly dividend, was $1.40. AMES National (ATLO): now $0.27 per share quarterly dividend, was $0.26. AMMO, Inc. 8.75% PFD SER A (POWWP): now $0.559 per share quarterly dividend, was $0.547. Brigham Minerals (MNRL): now $0.60 per share quarterly dividend, was $0.45. Chubb (CB): now $0.83 per share … Read more

Dividend Increases/Decreases for the Week of May 12

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Below we provide a list of firms that raised their dividends during the week ending May 12. 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                          Alpha Metallurgical (AMR): now $0.50 per share quarterly dividend, was $0.44. Annaly Capital Management 6.95% PFD SER F (NLY.PF): now $0.6345 per share quarterly dividend, was $0.6076. Apollo Global Management (APO): now $0.43 per share quarterly dividend, was $0.40. Ark Restaurants (ARKR): now $0.1875 per share quarterly dividend, was $0.1250. Armada Hoffler Properties (AHH): now $0.195 per share quarterly dividend, was $0.190. Artesian Resources … Read more