Member LoginDividend CushionValue Trap
|
Valuentum
Reports
Fundamental data is updated weekly, as of the prior weekend. Please download the Full Report and Dividend Report for
any changes.
Latest
Valuentum Commentary
Sep 5, 2019
The Valuentum Strategy in Action: Why We Are Letting BIN Holding Dollar General Run Higher
Image Shown: Best Ideas Newsletter holding Dollar General Corporation jumped up after posting great performance during the second quarter of its fiscal 2019 on August 29. The company has trounced the market return since it was added to the Best Ideas Newsletter in April 2017. We are letting this winner run higher.We are letting Dollar General run higher because we think the market is just as optimistic, or maybe even more so, on the company’s prospects than we are, indicating there’s room for further capital appreciation. If Dollar General ever wanted to augment its dividend growth story, the firm could pare back its annual share repurchases to make room for significant per share dividend increases. Aug 21, 2019
Target Stuns, Shares Jump Higher
Image Shown: Shares of Target Corporation (TGT) leapt higher on August 21 on the back of its strong performance during the second quarter of FY2019. In particular, the retailer’s comparable same store sales growth was quite impressive given the hard comparison period, with e-commerce and same-day fulfillment leading the way.Strong performance out of Target and other major US retailers like Walmart indicate that while headwinds are forming, the US economy remains strong for now. We've raised our fair value estimate of Target. Aug 19, 2019
No Recession At Walmart; Estee Lauder Not Cheap
Image Source: Mike Mozart. Walmart’s results were quite reassuring regarding the health of the economy. There are also pockets of significant strength, with prestige beauty being catapulted by a “selfie generation.” Aug 15, 2019
Macy’s Cuts Guidance, Dividend Cut Could Be on the Horizon
Image Shown: Macy’s cut adjusted EPS guidance for FY2019, which implies a material drop from its FY2018 performance. Flat revenue guidance, gross margin pressure, and rising SG&A expenses all signal there’s likely more pain yet to come. Image Source: Macy’s – IR Presentation. We are staying far away from Macy’s and most retailers in general, but continue to like Dollar General Corporation as the nimble retailer has posted stellar performance since joining the Best Ideas Newsletter portfolio in April 2017. Jul 29, 2019
Letting Dollar General Run Higher
Best Ideas Newsletter portfolio holding Dollar General has trounced the market by roughly 70 percentage points since it was added to the Best Ideas Newsletter portfolio in April 2017. Yet another big outperformer. Jun 16, 2019
Valuentum's June Best Ideas Newsletter
Image: Page 49, June edition of American Library Association Booklist."I hope that my book Value Trap: Theory of Universal Valuation marks a turning point in the financial research industry. To you and me, 1) looking forward, 2) understanding that stock values are based on future expectations, and 3) calculating intrinsic value is simply par for the course. If other investors are not doing this, it should be no surprise that they are failing miserably. 90% underperformance! I hope my book serves as a wake up call for readers to demand forward-looking analysis and research that calculates a best fair value estimate." -- Brian Nelson, CFA Jun 5, 2019
Dollar General Continues to Lead
Image Source: Dollar General (IR 2016 Presentation). We like Dollar General’s growth trajectory (as it plans to continue expanding its small-box store footprint via new stores) and its impressive same-store sales performance, with 29 consecutive years of growth as of fiscal 2018. May 14, 2019
Markets Swooning, Expect Extreme Volatility, Finger on Put-Option Trigger
Image shown: We notified members December 26 that we had moved the Best Ideas Newsletter portfolio and Dividend Growth Newsletter portfolio to a "fully invested" position, from a 30% and 20% cash "weighting" at the high end of the range, respectively. Apr 9, 2019
Top Research and Ideas You May Have Missed
Is Quant Value Giving Intrinsic Value Investors a Bad Name? Surely, you don't believe Warren Buffett's "style" is out of favor? Mar 29, 2019
ATTN: Advisors and Planners -- Disruption Is Looming
"With the commoditization of investment advice and intense competition from robos and other more cost-efficient solutions, growth-minded advisors want to create bespoke experiences for clients." -- WealthManagement.com Latest News and Media The High Yield Dividend Newsletter, Best Ideas
Newsletter, Dividend Growth Newsletter, Nelson Exclusive publication, and any reports, articles and content found on
this website are for information purposes only and should not be considered a solicitation to buy or sell any
security. The sources of the data used on this website are believed by Valuentum to be reliable, but the data’s
accuracy, completeness or interpretation cannot be guaranteed. Valuentum is not responsible for any errors or
omissions or for results obtained from the use of its newsletters, reports, commentary, or publications and accepts
no liability for how readers may choose to utilize the content. Valuentum is not a money manager, is not a
registered investment advisor and does not offer brokerage or investment banking services. Valuentum, its employees,
and affiliates may have long, short or derivative positions in the stock or stocks mentioned on this site.
|
|||||||||||||||||||||
