US Dividends Aristocrats thread

[Mr. Wood]

https://www.youtube.com/watch?v=e2MvWtJGgW0

Short term success stories are great, but the average investor achieved a return of only 2.1% over the last 20 years. That is an investment tragedy to be avoided because it is unlikely you will reach your financial goals with 2.1% per year. The low returns are not caused by crashes, the low returns are caused by investors not having a clear long-term investing strategy.

0:00 Stock Market Crash A Blessing
3:08 Stocks Are Expensive
6:40 Low Dividend Yields
10:08 Stocks Are Risky
14:31 4 Strategies to Avoid Tragedies

dun fear crash.
a correction / crash is good for long term investors and for future generations.
imagine if market up evy yr 8%. in time to come, u will need more money to invest to reach yr retirement goals. or dat yr children hav to earn more to keep up with inflation.

dis is similar to hdb prices. now some hdb costs 1mil. can yr children wages keep up with the rising costs?

moral of story: it is ok to be rich, but dun be too greedy. too greedy some1 will hav to suffer in the end.

 

[Mr. Wood]

Week Ahead: “Hopeful” Doesn’t Cut It Anymore
October 24, 2020

The more “hopeful” negotiator’s comments are, the less the markets will care

The word “Hopeful” has been thrown around a lot over the last week. Brexit negotiators are hopeful a trade deal will get done. US officials working on the fiscal stimulus package are hopeful a deal can be reached before the election. Markets are done with talk and want to see action! As a result, many markets remained in tight ranges over the last week. The ongoing sagas will continue. US Presidential posturing comes down to the wire this week, with just over 1 week remaining until the election. Coronavirus cases continue to rise around the world, as the BOJ, BOC, and ECB meet to discuss if more stimulus is needed. As earnings season rolls on, 4 of the FAANGs are set to report on Thursday. And in economic data, traders will also get the first look at Q3 GDP.

dangerous to live only on hope

 

[Mr. Wood]

https://am.jpmorgan.com/blob-gim/1383407651970/83456/MI-GTM-4Q20.pdf

 

[Mr. Wood]

Tesla's Moat Rating Gets a Boost
Oct 23, 2020

Tesla has a chance to be the dominant electric vehicle company and is a leading autonomous vehicle player as well as a vertically integrated sustainable energy company with energy generation and storage products, but we do not see it having mass-market volume this decade. Tesla’s product plans for now do not mean an electric vehicle for every consumer who wants one, because the prices are too high. The Model X crossover released in late 2015 starts at about $80,000, the Model S sedan’s starting price is $69,420, the Model 3 sedan starts at $37,990, and the Model Y crossover starts at about $50,000. Tesla’s U.S. customers no longer receive the federal tax credit.

alwys like dis one. price move alrdy den say. same same fake gurus.
but at least dis is free. no need to pay fake gurus thousands and thousands.

oso, dats why i prefer buy profitable companies with strong track records. lesser to worry whether some1 will disrupt or not.

 

[Mr. Wood]

3 Utility Stocks With Tried-and-True Gains
Oct 23, 2020

Tech stocks have ruled the roost this year, but utility stocks’ importance in a well-rounded portfolio cannot be denied either. Therefore, let’s look at three utility stocks that remained resilient despite the effects of the pandemic.

American Water Works (NYSE:AWK)
AES Corporation (NYSE:AES)
NextEra Energy (NYSE:NEE)

American Water Works expects to grow its EPS and dividends at a compound annual growth rate (CAGR) between 7% to 10% from 2019 to 2024.

NEE’s earnings are expected to grow at a CAGR of 6% to 8% per year through 2021.

AES expects a 7% to 9% average growth rate for its business through to 2022.

 

[Mr. Wood]

Drug giant Bayer acquires RTP gene therapy startup AskBio for as much as $4B
October 26, 2020

The move positions Bayer for more growth in gene therapy, a market that is forecast to grow to nearly $7 billion in 2027 from under $2 billion in 2019, according to Grand View Research. Hundreds of clinical trials are underway worldwide for gene therapy products, the firm says.

sounds like the nxt hot thing.

 

[Mr. Wood]

Justice Department Requires Waste Management To Divest Assets In Order To Proceed With Advanced Disposal Services Acquisition
October 23, 2020

The Department of Justice announced today that Waste Management, Inc. (WMI) will be required to divest 15 landfills, 37 transfer stations, 29 hauling locations, over 200 waste collection routes, and other assets in order to proceed with its $4.6 billion acquisition of Advanced Disposal Services, Inc. (ADS). The department said that without the divestiture, the proposed acquisition would substantially lessen competition for small container commercial waste collection or municipal solid waste disposal services in over 50 local markets.

disposal disposed

more of such to come if democrats win

 

[Mr. Wood]

Hasbro Reports Third Quarter 2020 Financial Results
26 Oct, 2020

Third quarter 2020 revenues were $1.78 billion, down 4% on a pro forma basis
Operating profit of $336.6 million or 18.9% of revenues; Net earnings of $220.9 million or $1.61 per diluted share
Substantial liquidity and access to cash, including quarter ending cash of $1.13 billion and year-to-date operating cash flow of $494.3 million

"Our teams delivered a very good third quarter, showcasing the breadth of Hasbro's portfolio, the benefits of our cost management efforts and the strength of our balance sheet," said Deborah Thomas, Hasbro’s chief financial officer. "Hasbro's partner factories and warehouses are open and operating and production is largely in line with demand. With a strong focus on cash collections, DSOs are down year-over-year and sequentially, and we ended the quarter with $1.13 billion in cash on the balance sheet. Importantly, as we look to the future, we remain focused on executing a good holiday, managing our expenses and investing to support our business plans for future years."

 

[Mr. Wood]

 

[goldnut]

oops wrong thread.

 

[Mr. Wood]

Election 2020: Final “State of the Race” and What’s Priced In to Markets?
October 28, 2020

The Current “State of the Race”

So where do we stand with just one week until election night? Not much has changed since our last “State of the Race” report three weeks ago: Former Vice President Joe Biden has a commanding, but not insurmountable, lead over incumbent president Donald Trump. As it stands, Biden leads Trump 51-43 in the RealClearPolitics polling average and 52-43 in the FiveThirtyEight polling average. Based on these polls and other data, election models are suggesting that Biden has high chance of emerging victorious when the votes are totaled up, with FiveThirtyEight giving Biden an 88% chance of winning and The Economist pinning Biden’s odds at 95%(!) as of writing. Punters are a bit more conservative in their assessments, with Joe Biden implied at roughly 61% to be the next US President on PredictIt.

If you expect a close, highly-contested result where neither candidate concedes, there may be more potential for a volatile, downside move in global equity markets and risk-sensitive currencies. Conversely, a clear landslide election victory could still lead to a “relief rally” in global risk assets as the risk of a contentious legal battle over the results is avoided, though the recent shift in futures prices suggests that traders are increasingly betting on that scenario, so it may not lead to as a big of a move.

Likewise, specific sectors like green energy and marijuana stocks may benefit from a Biden victory, especially if we see a full “Blue Wave.” On the other hand, more traditional energy/coal names and media companies could benefit from another Trump upset.

 

[Mr. Wood]

PFIZER REPORTS THIRD-QUARTER 2020 RESULTS
October 27, 2020

Reaffirmed All 2020 Financial Guidance Components for New Pfizer(4) and Upjohn(5) and the Projected Revenue CAGR of At Least 6% for New Pfizer Through 2025
▪ COVID Vaccine Phase 2/3 Clinical Trial has Enrolled More Than 42,000 Participants, with Nearly 36,000 Having Received their Second Vaccination, as of October 26

Frank D’Amelio, Chief Financial Officer and Executive Vice President, Global Supply, stated: “I am pleased with our performance so far this year, including our ability to maintain a steady supply of medicines to the patients who rely on them around the world during these uniquely challenging times. In the first nine months of the year, our Biopharma business grew 7% operationally, despite a COVID-19-related negative impact of approximately 2%, driven by the strong performance of many of our key brands. This performance adds to our confidence in our ability to achieve our expectation of at least a 6% compound annual revenue growth rate through 2025 for New Pfizer.”

 

[Mr. Wood]

Stanley Black & Decker Reports Record 3Q 2020 Results
October 27, 2020

Stanley Black & Decker’s President and CEO, James M. Loree, commented, “The
third quarter was one of the most remarkable and memorable quarters in my 20+
years with the company. In the third quarter we successfully pivoted to organic
growth, capturing the strong demand trends in Tools & Storage while leveraging
our swift and effective cost actions to deliver record operating margins and
earnings per share as well as impressive free cash flow. The agility of our team
and its ability to navigate, collaborate and shift key areas of focus during this period
was truly a differentiator for us, and I want to thank our 54,000 employees around
the globe for their efforts.

good times bad times nvr forget yr workers

 

[Mr. Wood]

CATERPILLAR REPORTS THIRD-QUARTER 2020 RESULTS
October 27, 2020

Third-quarter sales and revenues decreased 23%; profit per share declined 54%
Strong balance sheet; $9.3 billion of enterprise cash

For the nine months ended September 30, 2020, enterprise operating cash flow was $4.3 billion. Caterpillar ended the third quarter with $9.3 billion of enterprise cash and more than $14 billion of available liquidity sources.

cheap money

 

[Mr. Wood]

Stocks With Solid Balance Sheets Have Been 2020 Winners. They Will Be Again in 2021.
Oct. 28, 2020

“During reflationary environments, companies investing for growth (capital expenditures and R&D, M&A) have typically outperformed,” Hammond wrote. leading him to recommend stocks the firm ranks highly for the quantity and quality of their spending, heading into the new year.

Some of the components of that basket could certainly use good news after a rough 2020. New additions to the group include the cruise lines— Carnival Corp. (CCL), Norwegian Cruise Line Holdings (NCLH), and Royal Caribbean (RCL)—which have taken a beating as the pandemic restricts travel. Also on the list is Boeing (BA), which has been hurt by the same trend, not to mention its troubles with the grounded 737 Max jet.

Western Digital (WDC), which has struggled with a weak outlook, was also recently added to the list.

Other companies recently added have had good 2020 runs, including Hormel Foods (HRL), which has gained as more meals are cooked at home, DexCom (DXCM), and Copart (CPRT).

seriously? cruise and airlines?
but good news for economy

 

[Mr. Wood]

Mastercard Incorporated Reports Third-Quarter 2020 Financial Results
October 28, 2020

• Third-quarter net income of $1.5 billion, or diluted earnings per share (EPS) of $1.51
• Third-quarter adjusted net income of $1.6 billion, or adjusted diluted EPS of $1.60
• Third-quarter net revenue of $3.8 billion, a decrease of 14% on both an as reported and a
currency-neutral basis
• Third-quarter gross dollar volume up 1% and purchase volume up 2%, returning to positive
territory

“Mastercard has been focused on helping merchants, banks, fintechs, governments and consumers with products and services to navigate the pandemic. We are seeing encouraging progress in the trajectory of domestic spending, while travel spending remains a challenge,” said Ajay Banga, Mastercard CEO.
“Meanwhile, we are winning new business in core payments and are making real progress with our digital solutions, differentiated service offerings and multi-rail capabilities.”

surprising results. thot is digital payment will benefit frm ecomm due to virus.

 

[Mr. Wood]

UPS Releases 3Q 2020 Earnings
October 28, 2020

Consolidated Revenue Increased 15.9%; Growth Across All Segments
Diluted EPS of $2.24, Up 11.4%; Adjusted Diluted EPS Up 10.1% to $2.28
YTD Cash from Operations of $9.3B; Adjusted Free Cash Flow of $5.9B

Our results were fueled by continued strong outbound demand from Asia and growth from small and medium-sized businesses,” said Carol Tomé, UPS chief executive officer. “UPSers are everyday heroes who are keeping the world’s supply chains moving. I want to thank our team for their ongoing commitment to our customers and the communities we serve.”

 

[Mr. Wood]

GE ANNOUNCES THIRD QUARTER 2020 RESULTS
October 28, 2020

Total orders $15.5B, (31)%; organic orders (28)%
• Total revenues (GAAP) $19.4B, (17)%; Industrial organic revenues $17.9B, (12)%
• Industrial profit margin (GAAP) of (7.2)%, (510) bps; adjusted Industrial profit margin 5.6%, (440) bps
• Continuing EPS (GAAP) of $(0.13), including non-cash impairment charges in Steam Power and the impact of marking GE's investment in Baker Hughes to market; adjusted EPS $0.06
• GE CFOA (GAAP) $90M; Industrial free cash flow $514M

While our work continues, GE’s transformation is
accelerating, and we expect Industrial free cash flow to be at least $2.5 billion in the fourth quarter and positive in 2021. We remain focused on unlocking upside potential for the long term

 

[Mr. Wood]

Apple Tops September-Quarter Views, But AAPL Stock Drops Late
10/29/2020

Apple posted better-than-expected Mac computer and iPad tablet sales in the September quarter, thanks to the work-from-home and learn-at-home trends spurred by the pandemic. However, iPhone sales lagged expectations as customers held off buying new handsets ahead of the iPhone 12 launch in October.

In fiscal Q4, iPhone sales fell 21% to $26.4 billion. Mac sales surged 29% to $9 billion and iPad sales jumped 46% to $6.8 billion. Services climbed 16% to $14.5 billion. And Apple's Wearables, Home and Accessories unit saw sales increase 21% in the period.

Sales rose in all regions of the world except Greater China, where sales tumbled 29% to $7.95 billion.

 

[Mr. Wood]

Kraft Heinz Reports Third Quarter 2020 Results
October 29, 2020

Q3 net sales increased 6.0%; Organic Net Sales increased 6.3%
Q3 gross profit increased 20.4%
Q3 operating income declined 2.8%, net income attributable to common shareholders decreased 33.7%, and diluted EPS decreased 33.8% due to charges related to the pending Cheese Transaction
Adjusted EBITDA increased 13.5% and Adjusted EPS increased 1.4%
Full-year outlook raised to mid-single-digit Organic Net Sales growth and high-single-digit Constant Currency Adjusted EBITDA growth

a wise man once said, ketchup and cheese difficult to disrupt.