My Best Ideas 22 November 2015 This is a list of companies that have a very nice estimated one year return on invested capital based on the sum of the delta of the one year estimated price target plus the calculated one year dividend yield. (Full List)
Dividend Increases 23-27 November 2015 This is a list of those companies that have recently increased their dividends. The list includes the amount and percentage of the increase, the forward dividend yield, and the ExDividend, Record and Payment dates. (Full List)
DJIA Nearing 18,000 Again 22 November 2015 Last week's closing price of 17,823.81 was three fourths of a point higher than the close last year making the DJIA finally positive for the year. It was also simply a reversal of the prior week's move lower. I see this as either the market consolidating or hitting resistance from the previous high. Either interpretation suggests a flat market, at least for awhile. Like most investors I believe there will be a Santa Claus rally this year but these rallies don't usually occur until the last week in December, not during the last week of November.
Monday Wrap: What started out to be a nice up day quickly deteriorated into a sliding down day. A late rally at the end wasn't enough to even allow the markets to finish where they started. As the week continues, volume will slow and any movement, up or down, will be suspect. It's probably a good week to simply sit on the sidelines. Tuesday Wrap: The market fell at the open, rose into positive territory in the afternoon, and then finished about where it finished yesterday for basically a net nothing. A tough day to make money. I really don't expect much tomorrow as a lot of people exit the markets for the upcoming holiday weekend. Don't trust any moves on low volume. It's only manipulation. Wednesday Wrap: The market tried all day to move higher but without any significant volume to back it up, it simply could not hold on to any gains. Obviously the traders exited early for the long Thanksgiving weekend. Trading should be light on Friday which often allows volatility be expand. Be careful. Thursday Wrap:
Weyerhaeuser acquiring Plum Creek to make $23B timber giant (Seattle Times Article) Weyerhaeuser (WY) will acquire Plum Creek (PCL) in a merger that will create a Northwest U.S. timber giant. The result will be a $23B timber REIT carrying more than 13M acres of land. For every Plum Creek share, holders will receive 1.6 shares of Weyerhaeuser. After the deal, the combined company will execute a $2.5B share repurchase which will effectively make the deal look like a 70% stock/30% cash deal. The two companies had a combined 2014 EBITDA of $2.2B. Keeping Weyerhaeuser's current annual dividend of $1.24/share will represent a 13% increase to the dividend currently received by Plum Creek shareholders.
Royal Caribbean and Carnival 27 November 2015 Winter is just around the corner so I thought it would be a great idea to look at the Cruise Line companies. These companies seem to have some of the best ideas just as the weather starts to get cold. The obvious lure of the warm waters of the Caribbean are pretty seductive when all you see is snow out your windows. Add in the rising middle classes... (Full Article)
Celadon Group 24 November 2015 Celadon Group is one of the largest transportation and logistics companies in North America. Founded in 1985, Celadon now employs over 4,000 associates worldwide. In addition, they offer a wide range of truckload transportation services including long-haul, regional, local and dedicated. The Celadon Logistics segment provides freight management... (Full Article)
Polaris Industries 19 November 2015 Polaris Industries Inc. designs, engineers, manufactures, and markets off-road vehicles, snowmobiles, motorcycles, and small vehicles primarily in the US, Canada, Europe, Australia, and Mexico. It offers off-road vehicles, such as all-terrain vehicles and side-by-side vehicles for recreational and utility use; snowmobiles consisting of various models... (Full Article)
GATX 17 November 2015 GATX Corporation is the largest independent global railcar lessor, owning fleets in North America, Europe and Asia. In addition, the company operates the largest fleet of US flagged vessels on the Great Lakes and also owns and manages domestic and foreign marine assets and other long-lived, widely-used assets. They also invest in joint ventures.... (Full Article)
Actionable Advice 15 November 2015 The advantage of documenting my research and publishing it on this website has been the availability of actionable advice. I've always used this site to pull together and put in one place all the information I need from multiple sources to make decisions on buying and selling both securities and options. I've also used this site to document... (Full Article)
Oil Drags Down the Energy Sector 13 November As the price of oil once again falls toward its previous lows near forty, it's dragging down the entire energy sector. The upstream energy companies are being hit the hardest, followed by the midstream and downstream, but no one seems immune. This has become very frustrating for those investors holding energy stocks but it may be a golden era for those who don't and want to get in at these bargain prices. (Crude Oil - WTI)
Aceto Corporation 12 November 2015 Aceto Corporation is a global leader in the marketing, sale and distribution of products for Human Health, Pharmaceutical Ingredients and Performance Chemicals. With business operations in nine countries, Aceto Corp distributes over 1,100 chemical compounds used principally as finished products or raw materials in the pharmaceutical, nutraceutical, agricultural, coatings and industrial chemical industries. (Full Article)
Scripps Network Interactive 10 November 2015 Scripps Networks Interactive is an American media company formed on July 1, 2008, when the E. W. Scripps Company spun off its cable television division as a publicly traded company. Since launching HGTV in 1994, Scripps Networks diversified into lifestyle media, developing relevant content for television, Internet, satellite radio, books, magazines, and on emerging media platforms. In addition to HGTV, its lifestyle media brands include Food Network, DIY Network, Cooking Channel, Travel Channel, Great American Country and live. (Full Article)
Too Many Ideas 8 November 2015 Many of the recent additions to my portfolio are companies that I've written about and can be found in the INDEX portion of this website. In fact, if it isn't in my portfolio, it's because I just don't have enough money to buy the shares of every company I'd like to own. Sooner or later, however, each one will eventually find a home with me. As a result, I own only a few shares of a large number of companies and my portfolio is very similar to a river that's a mile wide and an inch deep. I'd like to change that some day.
Auto Dealerships 5 November 2015 As the number of Automotive Dealerships continue to consolidate across the United States, I thought it was time to look at two of the largest and compare their fundamentals to see if either were possible candidates for accumulation. Below you'll find information on Lithia Motors of Medford, Oregon, and Group 1 Automotive of Houston, Texas. (Full Article)
Compass Minerals 2 November 2015 Compass Minerals is a leading producer of minerals, including salt, magnesium chloride, sulfate of potash and other plant nutrition products. The company also produces consumer deicing and water conditioning products, consumer and commercial culinary salt, and other mineral-based products for consumer, agricultural, and industrial applications. (Full Article)
Sunoco LP 27 October 2015 Today's article is a quick overview of Sunoco LP. I wanted to get this out because I started accumulating shares in this company today. I wanted this information in one location so I could review it in the days and weeks to come. This company has an extremely complicated organizational structure but it's worth the time to try and understand the roll ETE, ETP, SUN, SXL, and WMB each play in the overall organization. (Full Article)
ArcBest Corp 23 October 2015 ArcBest Corp (ARCB) declares a quarterly dividend of $0.08/share, a 33.3% increase from the prior dividend of $0.06. The forward dividend yield is 1.16%. It's payable on Nov. 19 for shareholders of record Nov. 5. The ex-div date is Nov. 3.
Greenbrier and Trinity 20 October 2015 The Greenbrier Companies and Trinity Industries compete with each other in the railroad freight car business so I thought it would be constructive to compare their fundamentals to see how each company stacks up against the other. These two companies are not perfect matches because each company has additional lines of business that are... (Full Article)
Ford and General Motors 18 October 2015 The American Automobile Industry has come a long way since the Federal Government had to bail out both General Motors and Chrysler. Chrysler is now a foreign based company and GM and Ford are the only two American Automobile Manufacturers remaining (I know Tesla is now making cars but they'll have to make more than one model and... (Full Article)
Ryman Hospitality 16 October 2015 Ryman Hospitality Properties and Country Music seem to go hand-in-hand. Anyone interested in Country Music will eventually end up at the Opryland Hotel and Grand Ole Opry. Add in the Ryman Auditorium, WSM radio and three additional convention and hotels, and you have a destination point for a lot of business. (Full Article)
My Best Advisor 14 October 2015 I spend a lot of time writing articles, but I spend even more time re-reading them. Some of my best ideas are located within them, and I actually transact the ideas laid out in these articles. (Full Article)
Time Warner Inc 13 October 2015 With all the talk about how the Millennials are Cord Cutting, you'd think they weren't interested in watching TV at all. But nothing could be further from the truth. They just want to watch great entertainment and they're trying to find a cheaper way to do that. And Time Warner Inc is creating the great entertainment and reporting the news that everyone wants. (Full Article)
Four Airlines Flying High 10 October 2015 Alaska Airlines, Delta Airlines, Southwest Airlines and Virgin Airlines are all flying high these days as a result of an improving economy, lower fuel prices, an increasing number of of people choosing to travel by air, and the airlines ability to manage the availability of airline seats. And this should only improve as each of these increase. (Full Article)
ArcBest Corporation 7 October 2015 A small moving company that started over 90 years ago as OK Transfer has evolved into one of the country's premier trucking companies. ArcBest Corporation is a multibillion dollar freight transportation and logistics company with 5 subsidiaries that solve complex transportation and logistics challenges: ABF Freight, ABF Logistics, Panther... (Full Article)
Gilead Sciences Gilead is a biotech company that discovers, develops and commercializes therapeutic drugs. The company originally concentrated on antiviral drugs to treat patients infected with HIV, hepatitis B, hepatitis C, and influenza. In 2006, Gilead acquired two companies developing drugs for pulmonary diseases. (Full Article)
The Tiffany Network While CBS started out in 1927 as a group of independent radio broadcasters, it quickly expanded into the universe of mass media. And in the years since it's gone through several organizational incarnations but throughout those years the corporation has continued its focus on producing great entertainment. (Full Article)
The Gladstone Companies The Gladstone Companies are leaders in private equity, debt financing and real estate ownership. They are a family of public and private investment funds with approximately $1.7 billion invested. The funds invest in small and medium-sized companies and provide businesses the capital to fund growth, acquisitions and recapitalizations. As a group of public companies with a consistent base of capital, Gladstone is a patient, long-term investor and value added partner. (Full Article)
Lions Gate Entertainment It's no secret that I'm a strong believer in digital content. I own shares in Disney, Comcast, Time Warner, Fox, and Viacom because I believe that entertainment is going to attract a bigger and bigger share of the world's disposable income. And regardless of the means by which people get their entertainment, it's the content they're after. (Full Article)
Vail Resorts Vail Resort is a major participant in the upper end vacation segment of the travel industry. Four of its mountain resorts are among the top five most visited resorts anywhere in the United States. In addition, the company's resorts serve a customer base with an above average income of $170K per year across all five of their resorts. (Full Article)
My New Front Yard on Lake Limestone.
The Berkshires in Western Massachusetts (Photo by Robert McCain)
Lake Buchanan, Burnet, Texas
McLane Stadium on the campus of Baylor University (Photo by Robert McCain)
Final Game at Floyd Casey Stadium - Big 12 Champion Baylor 30 - Texas 10 (Photo by Robert McCain)
The Bar at Luckenbach, Texas.
Sister Creek Vineyard, Sisterdale, Texas
Investors Read These Articles More Than 60,000 Times Each Month.
My Investing Strategy I like to keep things simple when I invest because I'm a pretty simple guy. And I don't think there's a simpler or an easier way to invest than "Buy, Write, Collect". Here's the three steps in their entirety. 1. Buy the Stock, 2. Write the Option, and 3. Collect the Dividend. (Full Article)
A Basic Options Strategy If you’ve ever considered an options strategy as part of your overall investment strategy, here’s a relatively simple trade that I often execute to supplement my dividend income. (Full Article)
Reviewing Those Dividend Increases I've listed companies increasing their dividend in the Dividend Increases part of this site because I've found this to be a fertile area for finding candidates for consideration. Companies that pay an annual dividend of at least 2% and increase that dividend at a rate greater than inflation for a number of years are the kind of companies that every DGI is attracted to. And if that company has a one year estimated capital gain of 10% or more, I start to buy shares in that company.
DISCLAIMER I am not a licensed investment adviser, and I am not providing investment advice for you on this site. Please consult with an investment professional before you invest your money. Any opinion expressed here should not be treated as investment advice. I am not liable for any losses suffered by any party because of data or information published on this blog. Past performance is not a guarantee of future performance. Unless your investments are FDIC insured, they may decline in value.