Celgene Sinks After Cutting Long-Term Targets
Celgens (CELG) sank 20% after the company reported last qtr’s profits, and lowered long-term profit targets. There’s multiple issues going on here, but the stock is now cheap with a P/E of 12.
Conservative Portfolio
Fiserv Needs to Step Up its Sales Growth
Fiserv (FISV) has missed profit estimates the past two qtrs as sales growth slowed from 5% to 2% to 1%. Now FISV is expected to see sales growth pick up to 6%. Let’s wait and see.
Modern Initiatives Boosting Growth at McDonald’s
McDonald’s (MCD) Experience the Future campaign give its restaurants new modern look, digital self-service kiosks, and McCafe desert counters, but more importantly boost profit growth.
Amgen’s Growth Has Been Better than Expected
Amgen’s (AMGN) expected to grow profits just 1% in 2018. And the way I see it, stock growth could likely correlate with profit growth, and I want more than 1% stock growth.
Hurricanes & Earthquakes Hurt Sherwin-Williams Results
Hurricanes and earthquakes across Texas, Florida, Georgia, the Caribbean and Mexico hurt Sherwin-Williams’ (SHW) profits last qtr. But these areas need rebuilding — and that means paint.
Stryker Could Exceed My Expectations With Acquisitions
Shares of Stryker (SYK) are up around 30% in 2017, leaving little upside to my 2018 Fair Value. Still, continued acquisitions could lead to further gains.
LinkedIn Helps Microsoft’s Numbers Look Pretty
Investors were all giddy about Microsoft’s (MSFT) latest qtr, as sales jumped 12%. But without the help of LinkedIn, sales would have increased just 7%.
Apple Just Kicked it Up a Notch
Apple (AAPL) just kicked it up a notch as its profits swelled 24% last qtr. What’s more is qtrly Estimates are for 12%, 39%, 32% and 20% profit growth the next 4 qtrs.
World Economies, Lower US Dollar Helping 3M
3M (MMM) is having a barrer year. The stock is up 30% so far in 2017. But 2017’s success has left the stock extended with a valuation much higher than normal.
Visa’s Profit Growth is Back to Normal
Visa (V) had a nice run of 20% plus profit growth as it benefited from the Visa Europe acquisition. But now the deal is more than a year old, and growth is back to normal.
BlackRock Perfectly Positioned For Today and Beyond
Investment manager BlackRock (BLK) is positioned perfectly for for today and beyond with its investment approach, that caters to ETFs, Index funds and AI.
UnitedHealth’s Momentum Continues
UnitedHealth’s (UNH) momentum continued to roll last qtr as the nation’s largest health insurer delivered 23% profit growth. Here’s my outlook for 2018.