TSLA

In the News: Dividend Growth Still on Hold at General Mills After Strong Quarter, Avoiding FedEx and BMW After Warnings on Bottom-Line Weakness, and a Biogen as a Prime Example of Risks to Avoid in Biotech

by

General Mills raised bottom-line and free cash flow conversion expectations for fiscal 2019, but we’re not interested in shares as it continues to prioritize deleveraging over dividend growth in a slow growth environment. International corporations continue to weigh the impact of slowing macroeconomic activity and global trade tensions, as evidenced by FedEx and BMW slashing bottom-line expectations, and shares of Biogen have been rocked by news that it terminated two late-stage studies of a key Alzheimer’s treatment. By Kris Rosemann General Mills Turns in Positive Organic Sales Growth and Operating Margin Expansion Food products giant General Mills (GIS) turned in better-than-expected results in its fiscal 2019 third quarter report, released March 20, as organic sales growth advanced 1% on a … Read more

News Roundup: Tesla, Gap, eBay, Stericycle, Foot Locker, and Monster Beverage

by

  No changes to newsletter portfolios By Brian Nelson, CFA There’s a lot of news out on the first day of March 2019. Tesla’s (TSLA) big reveal was that it will be moving strictly to online purchases in a cost-savings move and that it now has the efficiencies in place to roll out a more-affordable $35,000 Model 3. We’re excited about the development, but we have to admit that we’re still skeptical of the company’s long-term success given the fierceness of the competitive environment, not the least of which is the electronic line-up at General Motors (GM), which remains an idea in both the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio. As it relates to other news, Gap … Read more

Earnings Not So Hot, High Yield Dividend Newsletter Archives

by

No change to newsletter portfolios. By Brian Nelson, CFA Against a backdrop of US-China trade tensions, a Fed that continues to balance the need to hike rates with caution against purposefully and meaningfully inverting the yield curve, US GDP growth humming along at 2%-3%, and news from Tesla (TSLA) CEO Elon Musk, who says something big is in store for tonight. Incidentally, he changed his Twitter name to Elon Tusk. Was it to match our typo yesterday? Elon – if you’re listening, give us a shout out! We love Tesla’s future expected free cash flow! Just some housekeeping items before we get started. For our High Yield Dividend Newsletter members and our Exclusive members, we do not house the archived … Read more

News Roundup: Tesla’s Musk, Department Stores, Summit Midstream, Cracker Barrel, Home Depot, GE and More

by

No changes to simulated newsletter portfolios By Brian Nelson, CFA There’s never a dull moment in the Tesla (TSLA) story. Just when we thought things were getting back to “normal,” Tesla’s CEO Elon Musk has been hit with a contempt charge for a tweet that allegedly violated his prior deal with the SEC. We don’t think the tweet was a big deal, by itself, and it may have included content from a prior conference call, but given Musk’s prior behavior, including being outspoken about not having any respect for the SEC, he doesn’t have much wiggle room with the authorities. From our perspective, Musk is in now in some serious hot water. We’ve always viewed Tesla as “uninvestable,” not necessarily … Read more

General Motors Rallies, Tesla and Toyota Improve, Auto Parts Suppliers Getting Squeezed

by

Image shown: General Motors may very well be on its way to $50+ per share. We continue to like General Motors, and we think Tesla is getting back on the right track with its financials. Auto parts suppliers have faced their fair share of pressure in recent months as the potential for a slowdown in global light vehicle production rises and input cost inflation also makes its presence felt. By Kris Rosemann and Brian Nelson, CFA On February 6, General Motors (GM) reported fourth-quarter 2018 earnings, and they were quite good. We continue to believe shares of GM are ultra-cheap, as we wrote in: “We Think General Motors Is Poised for New Highs.” The automaker is included as an idea … Read more

In The News: M&A Activity, Clorox Offsets Cost Headwinds, Sony Cuts Expectations

by

Let’s take a look at some of the top stories around the markets February 4. By Kris Rosemann Shares of Ultimate Software Group (ULTI) jumped on the announcement of its agreement to be taken private by a consortium of investors led by Hellman & Friedman for $331.50 per share, or roughly $11 billion. We like the deal for Ultimate Software shareholders as it represents a material premium to both our fair value estimate for shares and its recent share price levels. Microcap developer and manufacturer of energy solutions Maxell Technologies (MXWL) has agreed to be acquired by Tesla (TSLA) for $4.75 per share in stock. Shares of Maxwell will be exchanged for a fraction of Tesla stock that will be … Read more

We Think General Motors Is Poised for New Highs

by

Simulated newsletter portfolio idea General Motors has had one choppy ride since shares were re-released onto the marketplace after the bailout some years ago. The automaker had some good news today, and shares are bouncing nicely in an otherwise weak market. This relative strength is remarkable considering concerns about China’s pace of economic expansion and potential backlash against American icons in the country. Brian Nelson, CFA We think General Motors’ (GM) shares are worth $54 each on the basis of our discounted cash-flow process, and with the company trading in the high-$30s, we think the good times are still ahead. GM is included as an idea in both the simulated Best Ideas Newsletter portfolio and simulated Dividend Growth Newsletter portfolio. … Read more

Valuentum Stock Screeners

by

This article was sent to members via email December 29. That email can be accessed at the link that follows this article. By Brian Nelson, CFA Hi everyone, I wanted to provide an update with respect to Valuentum’s stock screeners. We believe our stock screeners are among the most robust when it comes to providing forward-looking data, or data that is important with respect to the investment decision-making process. We publish screens in each of the monthly newsletters, but we also provide a basic weekly screener for download on the left column of the website, “Download Weekly Stock Screener (xls) — login required.”   We also have other products. The more robust DataScreener, for example, is part of the quarterly Financial … 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

Automakers Gain on Potential Tariff Easing

by

Image Source: Truck Hardware A potential easing of tariffs on auto imports to China, as President Trump had previously hinted, has improved sentiment across the auto manufacturing space as investors eye up the potential for more free exchange of autos between the world’s two largest economies. By Kris Rosemann US equities continue to be quite sensitive to US-China trade talk reports, and the auto manufacturing space has been the most recent beneficiary of potentially favorable developments. China (FXI) is reportedly considering a reduction of its auto import tariff to 15% from 40%, a win President Trump had pointed to as a positive development resulting from his meeting with Chinese officials during the recent G20 summit. The month of November marked … Read more