intrinsic value
The Essence of Valuation is Soundness Not Rate of Return: Part 1
2019-08-15
Introduction on Stock Valuation When it comes to writing about investing in common stocks, my favorite theme typically revolves around valuation. In fact, I once had a reader dub me “Mr. Valuation.” Which, I might add was very flattering to me. Moreover, in the context of discussing valuation, there are normally three concepts that are […]
$ABBV AbbVie Has It All: Growth, Dividend Growth and Compelling Valuation (NYS:ABBV)
2019-06-25
Introduction I have held AbbVie (ABBV) since it was originally spun off from Abbott Labs. Moreover, I have been aggressively adding to my position for clients needing current income and dividend growth. All in all, it has been an excellent performer in spite of the fact that it is being ridiculously undervalued by Mr. Market. […]
$LOW Nice Work Dividend Sensei – But I Choose Lowe’s (NYS:LOW)
2019-06-20
Introduction I am a firm believer and ardent supporter of conducting comprehensive research and due diligence on any company (stock) you might consider investing in. However, I have also experienced the reality that far too many investors make their decisions based on opinions, emotions or vague ideas about a company, instead of on comprehensive knowledge […]
Ignore Political and Economic Forecasts: Mind Your Owned Businesses
2019-06-13
Introduction In his Berkshire Hathaway 1994 annual report Warren Buffett said ignore political and economic forecasts. I considered this one of the more profound pieces of investment advice and wisdom that I ever came across. It has been my opinion prior to and since I read this advice that investors spend way too much time […]
I Love Bear Markets – Look at All the Value It Has Brought Us! Part 1
2019-01-25
Introduction Although most investors hate bearish stock market activity, value investors – like yours truly -relish them. Moreover, bearish market activity becomes especially welcome after extended periods of high valuation like we have been experiencing since calendar year 2014. High valuations make it very difficult for value investors to find attractive common stock investments. Consequently, […]
Nvidia: The Correction Was Justified and Valuation May Still Be High
2018-11-30
Introduction Nvidia (NVDA) operates as a visual computing company that engages in the design and manufacture of computer graphic processors, chipsets and related multimedia software. As a result, the company is involved in many exciting technologies that are either already mainstream popular and technologies that offer enticing future growth prospects such as self-driving automotive technology. […]