Higher Production Costs Hurt Lockheed Martin’s (LMT) Profits
High production costs hurt Lockheed Martin’s (LMT) profits last qtr, but LMT might get a $30 billion contract for F-35s later on.
High production costs hurt Lockheed Martin’s (LMT) profits last qtr, but LMT might get a $30 billion contract for F-35s later on.
Fastenal (FAST) stock has been weak after management said there was softening demand in May & June. The numbers still look great.
Waste Management (WM) delivered outstanding results last qtr, causing the stock to break out to a new All-Time high.
Pool Corp (POOL) is down because people think the housing decline will hurt pool sales. But 80% of revenue is from installed pools.
DR Horton (DHI) is starting to feel the of higher mortgage rates. But the stock is a good value here if rates decline in 2023.
PepsiCo (PEP) is growing sales rapidly (13% & 14% the past 2qtrs). And now its investing in Celsius Energy for an added boost.
UnitedHealth (UNH) grew profits a solid 19% last qtr as lower COVID-costs helped the medical care ratio fall from 82.8% to 81.5%.
Constellation Brands (STZ) has catalysts in its Modelo brand, as Modelo Especial and Modelo Chelada are #1 in their categories.
In my first look at American Express (AXP) in 2 years it seems to be like this is a 10% grower long-term (if that’s good enough for you).
Nike (NKE) lowered revenue guidance, as China had -19% sales growth due to COVID. The strong US Dollar is also hurting sales.
Factset Research (FDS) is seeing broad-based acceleration across all markets for its financial software, as the numbers look excellent.
Consultant Accenture (ACN) is experiencing slower growth, but with P/E ratio down from 36 to 23 the past four qtr the stock’s a value.