Yes, you own a Western Digital product. For sure! The company generated $20.6 billion in sales of hard drives and solid-state drives (SSDs), as well as NAND based products. So essentially their storage products go into notebooks, desktops, mobile phones and data centers. There is fear in the market that prices are coming down and that demand for hard drives will weaken. … [Read more...]
Archives for September 2018
Top 50 Magic Formula Stocks
One very popular screen is Joel Greenblatt’s ‘Magic Formula’ which he talks about in his best selling book “The Little Book that Beats the Market”. This screen is a ranking system using ‘return on capital’ and ‘earnings yield’. Using Greenblatt’s definitions I re-created the screen. For specifics regarding the calculations please scroll to the bottom of the post. The 50 top … [Read more...]
Don’t buy the news! (Or sell for that matter)
This morning as I woke up I read the Wall Street Journal article "U.S. Stocks Close at Records" and was disappointed by the content of the piece. Before we get into the content, let me state that I do love the WSJ which along with the Financial Times are the most important publications for investors. But there are 2-3 facts you need to be aware of: 1) A lot of the time the … [Read more...]
Growing Global Dividend Aristocrats
Investors love dividends. Especially when they are growing, sustainable and consistent. I screened over 70,000 stocks to find which ones had the following characteristics: Paid a dividend every year for the last 10 years. The dividend grew in each of the last 5 years. The dividend payout ratio was less than 100%. This means that the company is paying a dividend … [Read more...]
My Favorites from the London Value Investor Conference 2018
The London Value Investor Conference was in May 2018. I had some friends who attended. Below are some of the ideas presented based on what I’ve been told and read. Don't underestimate their potential because they were presented in May. Value investors have the tendency to get long too early so some of these may even be cheaper today or have not priced in their full … [Read more...]
Interesting MLP with 8%+ dividend yield
Ciner Resources LP (CINR), is a fixed-distribution Master Limited Partnership that IPOed in 2013. It is one of the largest and lowest cost producers of natural soda ask in the world. Soda Ash is a raw material used in the production of glass, chemicals, and detergents. The company produces 2.75 million short tons, has 60+ years of mining reserves and generated $119m in 2017 … [Read more...]
Best Companies Screen That Beats The Market
The idea behind this was to see if I could come up with a screen that included the characteristics of a great company and backtested well. So what are these characteristics? High returns on capital. High margins. Consistently generate free cash flow. Not too much debt. Stable revenues with either growth or at worse small declines (yes even the best companies … [Read more...]
