I can’t think of a more hated large cap stock than PayPal (PYPL) – which reports 1Q23 earnings after the close Monday. While PYPL was extremely overvalued in 2021, I believe it is extremely undervalued today. In its 4Q22 earnings…
Apple (AAPL) has been such a great stock for so long that it’s hard to realize that it is past its prime. This was confirmed in their earnings report after the close Thursday. Revenue was -2.5% and Net Income -3.4%….
Generac (GNRC) – the leading maker of standby backup power generators – is one of my favorite stocks and largest positions. The stock has been decimated in the last couple of years as sales growth and profitability have rolled over….
Starbucks (SBUX) has been on a tear for the last year heading into earnings this afternoon. My concern is that at more than 30x current year EPS guidance shares are priced for perfection. Last quarter, SBUX guided FY23 global comps…
One of the things that I like to do to gain insight into the broader economy is to look at the results of economically sensitive companies. When consumers are flush, they spend more money on discretionary items like travel. So…
Cigarette producer Altria (MO) reported 1Q23 earnings Tuesday morning. While they confirm that smoking is in secular decline I still like the stock. Cigarette volume declined 11.4% year over year resulting in a 3% decline in revenue. Nevertheless, MO reaffirmed…
I believe that the middle class is thinning out and more and more this country is being divided into haves and have nots – and the have nots love eating at McDonald’s (MCD). This was borne out in MCD’s 1Q23…
Consider this Part III of a series of blogs about the perennial philosophy: buy high quality companies and hold them for the long term. I’ve linked to the previous two at the bottom of this post. Pepsi (PEP) reported stellar…
Embattled Silicon Valley bank First Republic (FRC) just reported 1Q23 earnings. FRC provided a nice summary of what you want to know in a section entitled “Recent Industry Events”. On March 9, deposits totaled $173.5 billion. On March 16, FRC…
I write about a lot of different things but on Friday I articulated the perennial philosophy: buy high quality companies and hold them for the long term (“PG And The Investment Lesson You Must Learn”, Top Gun Financial, 4/21). There…