Exclusive Analysis for the Discerning Investor
Norfolk Southern announced that its third quarter will be disappointing, and the news has shocked the rail sector. Is the weakness more indicative of a secular decline in rail traffic for a key commodity or is the economy slowing?
Going forward, please use the ‘Symbol’ search box to download stock and dividend reports of companies you are interested in. The ‘Symbol’ search box can be found in our website header. Image shown from above. Use the active search box in the website header above. Learn more about your membership >> Note: We have now discontinued this list. Please use the ‘Symbol’ search box in the website header for stock and dividend reports. Please read about our Valuentum Dividend Cushion score (ratio) here. Just having access to this valuable metric alone could save your income portfolio thousands of dollars! The past meets the future as we showcase the Valuentum Dividend Cushion scores of Dividend Aristocrats in this article (click here). The dividend reports below … Read more
Industrial conglomerate GE reported solid second-quarter results. Its backlog grew to $204 billion, but we think shares are fairly valued.
Union Pacific’s second quarter results reinforce strength in pockets of the US economy. We think shares are fairly valued.
Union Pacific (UNP) reported excellent third-quarter results Thursday that revealed quarterly records for operating revenue, operating income and earnings per share. We think such results reinforce our view that the economy is not headed for recession anytime soon. Union Pacific’s revenue advanced 16% over the same quarter a year ago thanks to higher business volumes across four of the firm’s six business groups: automotive (up 10%), industrial products (up 8%), energy (up 7%) and chemical shipments (up 5%)–agricultural and intermodal volumes fell, the latter due to a lost customer. However, freight revenues advanced across all six segments driven by fuel-cost recoveries (car rates)—industrial products were up a whopping 24%, while automotive was up 23%, supporting our view on the strength … Read more
Image Source: General Motors GM’s dividend yield and valuation opportunity are incredible, while Microsoft’s free cash flow generation and solid net cash position speak to tremendous dividend strength. We liked what we saw out of Union Pacific during the first quarter, and you have to be aware of Big Oil’s bloated balance sheets. All of this and more included in this piece. By Brian Nelson, CFA It’s puzzling to think about, but with the first-quarter 2017 US GDP print today, April 28, coming in at just 0.7%, below expectations, one wouldn’t think the stock market is near all-time highs. Interestingly, in the report, too, the weakest area came from real consumer spending, which registered a pace of growth as poor … Read more
8 Announcements. This article was sent to members via email March 27. By Brian Nelson, CFA Hi everyone, Brian here. Trust you are doing great! Here are eight announcements I want you to be aware of: Everything we do is for our members. We’re very proud of the outperformance of the Best Ideas Newsletter portfolio, that we’ve never had a dividend cut in the Dividend Growth Newsletter portfolio, that our high-yield ideas are holding up very well, and the success rates of the Exclusive capital-appreciation ideas and short-idea considerations are running at approximately 80%. We’re proud to be your research partner. The odds of a Fed rate cut are going up as yield-curve inversion continues to threaten. The risks are more behavioral in … Read more
Below we provide a list of firms that raised their dividends during the week ending July 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 Albemarle (ALB): now $0.405 per share quarterly dividend, was $0.400. Atmus Filtration Technologies Inc. (ATMU): now $0.05 per share quarterly dividend. Bank First Corporation (BFC): now $0.40 per share quarterly dividend, was $0.30. C&C Group plc (CCGPY): now $0.0817 per share semi-annual dividend. China Automotive Systems (CAAS): now $0.80 per share special dividend, was $0.18. Citigroup (C): now $0.56 per share quarterly dividend, was … Read more
The Valuentum Buying Index, our stock selection methodology, identifies firms that are 1) undervalued on a discounted cash-flow basis (e.g. three-stage fully-populated valuation model with complete financial statements), 2) undervalued on a relative value basis versus peers and the firm’s closest competitors, where applicable, and 3) just starting to show interest by investors as measured by technical/momentum indicators, providing the mechanism to drive a firm’s price to its fair value. Without the latter component, investors have a heightened risk of holding an underpriced stock for an extended period of time, one that may turn out to have little prospects for eventual price-to-fair-value convergence. Once a firm is added to the Best Ideas portfolio or Dividend Growth portfolio, generally with a Valuentum … Read more
Image: How the VBI rating system has ranked equities so far this year. By Brian Nelson, CFA At Valuentum, we use the Valuentum Buying Index (VBI) to source ideas into diversified simulated newsletter portfolios, and the VBI may be most applicable to the simulated Best Ideas Newsletter portfolio, where we generally like to include ideas when they register a high VBI rating and remove them when they register a low VBI rating. We always use the VBI in a portfolio setting and never by itself. But what about the Valuentum Buying Index ratings, themselves? How did they “perform” during 2022 in one of the worst years for stock market investors in history? Well, not as spectacular as we would have … Read more