HD Earnings Preview
Leading home improvement retailer Home Depot (HD) reports earnings before the open Tuesday. The stock has been mostly sideways for more than a year and I am tactically short. That is, I’m a long term believer in the company but…
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WMT Earnings Preview
I have owned Walmart (WMT) for a couple years now. Everything was going smoothly until a year ago when it reported a bad quarter and the stock got smashed. (You can clearly see the selloff in the chart above). What…
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PYPL: Tremendous Value
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…
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AAPL Is Past Its Prime
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%….
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Why I’m So Bullish GNRC
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….
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SBUX Is Priced For Perfection
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…
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MAR: Travel Is Booming
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…
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Smoking Is In Secular Decline But I Still Like MO
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…
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MCD For The Long Term
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…
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PEP: Why I’m Tempted To Sell But Won’t
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…
