"I am out there looking for "The Rainmaker". I am willing to speculate at this time that Lockheed Martin Corp. (LMT) will need to purchase Oshkosh Corp., (Symbol OSK) (Oshkosh Defense) because it is much easier than suing the Pentagon."

Dow Jones Industrial Average 17,520.49 (Down)  3:25 PM EST on 12/28/2015

"The Rainmaker" Moravian Tiles Works, PA.

Lockheed Martin Corp. is fit to be tied. First in October, Lockheed Martin and partner Boeing lost a $55 Billion Air Force bomber contract to Northrop Grumman. 

Lockheed Martin has filed suit along with its partner Boeing over losing the contract for the next-generation Long Range Strike Bomber to Northrop Grumman. That contract has an estimated value of approximately $80 billion.Lockheed Martin has also filed a lawsuit against the U.S. Department of Defense over losing the contract for next-generation combat vehicles to Oshkosh Defense.

The U.S. Army plans to procure 55,000 Joint Light Tactical Vehicles for both the Army and the U.S. Marine Corps through 2040, and is expected to spend approximately $30 billion funding the production by Oshkosh according to Bloomberg.

That is a lot of sales for Lockheed Martin, the world' largest defense company, not to be reporting to their fat-cat stock holders, not to mention the huge amount of the money spent on all the lawyers. 

The first part of the contract is worth $6.7 Billion , Oshkosh Defense News and the DOD just removed the stop work order for Oshkosh to start the build in 2016.

Here is where "The Rainmaker" comes in.  Oshkosh Corp. (Symbol OSK, $38.87) whole stock capitalization of the company is currently only $2.98 Billion dollars.  Lockheed Martin could just buy the whole company probably with an offer of $5 or $6 Billion dollars just to get Oshkosh defense.  They could make an offer at $65 - $70 a share and still be well ahead of the  game. It just seems like an obvious thing to do to me. Heck, they could even sell off the other parts of the truck manufacturing to Navistar or PACCAR. 

So my first speculative choice for 2016 is to own shares of Oshkosh Corp. (OSK) and then to see what happens. I don't think Lockheed Martin has much of a chance suing the Pentagon and winning. 

Don't feel bad for Lockheed Martin though, they get plenty of military contract builds.  They just want all the contracts to go to them because they are the big dog on the street!

So pick up some shares of OSK to start your new 2016 year. You get a 1.96% dividend while you wait for the "Rainmaker" to happen and you will own at worst a $39 a share company that is going to earn $3.52 per share in 2016. Not too shabby either way it goes.

Have a great New Year's Eve party and smoke some cigars, just like the fat-cats at Lockheed Martin. It is good to get one over on the big dog!

Freewilly

"We're going to the mattresses" as they said in the movie "The Godfather". Not to stick our cash in them, (the mattress), but to get a little more strategic and defensive as the FED goes to raise interest rates"

Dow Jones Industrial Average 17265.21 (Way Down) Week ending 12-11-2015

Clemenza make the red sauce. We are going to the mattresses! We need to be somewhere where it is safe from this crazy stock market. Need to hide out for awhile.

Marty Zweig's voice in the back of my head, 

       "Don't fight the FED!"

These are perilous times in the stock market. Where ETF's sell off good stocks, bad stocks, whatever stocks, regardless of how the companies are doing, just to raise cash. Then there is Third Avenue Management junk bond fund. In a conference call on Friday, Third Avenue said it would bar investors from getting their money back! Carl ICann, activist investor, is calling the high yield junk bond market a "power keg", waiting to explode with a lack of liquidity or credit available. You starting to get the picture? High yield junk bond holders sleep with the fishes.


Then there is Janet Yellin out there, like
Virgil "The Turk" Sollozzo , about to raise interest rates and put the first bullet in an already faltering economy for jobs and retail sales that are nowhere to be seen.
So what is an investor to do?

You carefully and slowly need to do some value investing.



After the sell-off on Friday, I bought some shares in Johnson and Johnson (Symbol JNJ, $101.60) with a 3% dividend and a forward PE of 15.85 and a Return on Equity of 21%. These are the type of investments you will need to hold in 2016. Shoot for 15% combined gains with the dividend instead of shooting for 40% returns and ending up face down in a salt marsh in New Jersey.

So you will have a nice Christmas dinner with the Family. You'll eat some pasta, drink a little red wine, maybe buy some Time Warner, (Symbol TWX, $65.47) with a forward PE of 12.42, a PEG Ratio of 0.97, and a Return on Equity of 19.30%. This stock TWX, trading at just 2.24 times book ,will give you ownership of HBO, so you can watch all the gangster movies that you want. This stock has been beat up because of un-bundling in the cable industries, but it has been way overdone at this point. Besides, they have already spun Time Warner Cable (TWC) out in to a separate stock.

But if you really want to be singing sweet tunes like Johnny Fontane in the Godfather, then there is only one stock you need buy, Apple Inc.(Symbol AAPL, $113.18). This company is trading at a forward PE of 10.71 and should be trading at $200.00 a share. The only thing holding this one back is its sheer size. It should trade at a Trillion dollar market capitalization. It has a current dividend of 1.86%. It has spent this year treading water and building up more intrinsic value. 42.90% Return of Equity. A PEG Ratio of 0.80.


As of July 2015, Apple Inc. has $203 Billion dollars on its balance sheet. AAPL can pick and choose what new businesses it wants to go into including automotive software, movie streaming and TV software applications, Watch and personal health applications business, virtual reality software applications, Apple cash and payment systems with the I-Phone. You own this one and you can sleep like a baby at night.

It is 70 degrees here in Pennsylvania, USA and you are supposed to be out Christmas shopping. I would avoid most of the retail stocks here, (except for Apple of course, they have brick and mortar stores too!)
All the best,

Freewilly

" We are heading into Black Friday so a few ideas for playing the arrival of Star Wars. Plus some work on refining my GARP/Value investing combo picks"

Dow Jones Industrial Average 17,824.00 (UP)   Week Ending 11/20/2015

The death star is coming!  The coming release of Disney's (DIS) first release of the Star Wars movies is quickly approaching. You could buy Disney of course, but I think there are some better ways to play this gigantic blockbuster.

First, you could buy the stock of
Electronic Arts, ( Symbol EA, $72.42) which has the rights to produce the Star Wars video game series.

  
Monica Gerson from Benzinga reported: 

"Electronic Arts has released a new game – the Star Wars Battlefront. The game is a 12-40 player online shooter set in the Star Wars universe and is available both online and at retail. Although the game has received relatively weak early reviews, it is still expected to be a mass-market hit and sell at least 13 million units in the quarter, analyst Ben Schachter mentioned, while adding that this could prove to be a conservative estimate.

The stock of EA has 15 Buy ratings on it and should perform well here. The company has done $4.52 Billion dollars of sales in 2015 and has Net Income of 875 Million dollars.

Another way to go, is to jump on the Star Wars toy bonanza and buy the stock of Hasbro Inc. (Symbol HAS, $75.49). I had read an article in the Wall Street Journal that said that Star Wars toys were already crowding out Snoopy and Peanuts on the toy shelves at stores even though there is a Peanuts movie out too. Hasbro has a 1.4 PEG Ratio and earnings should be on a steady climb for the next few years. Both EA and Hasbro stock prices have already done well in 2015 up 54% and 37% Year to date. Happy holidays for both of these winners.

So now on to some stocks that have good PEG Ratio's and Return on Equity, but yet also are trading at less than 3 times Price to Cash Flow and that are trading at less than 2 times Book Value.

Gannett Company Inc., (Symbol GCI, $17.00) is a spin-off from TEGNA, the old Gannett Company with broadcasting businesses.  GCI, with $2.96 Billion in revenues, is the spun-off publishing company, which adopts the name Gannett and  owns newspapers in 92 markets, including USA TODAY, and plans to acquire more papers and other media assets. Oddly they are looking to buy A.H Belo, that I discussed in last weeks blog, who owns the Dallas Texas newspaper. Carl Icann happens to own 7.4 million shares of this company. 

GCI has a Price to Book of 1.81 and a forward PE of 9.9. The company list a Return on Equity of 34% and pays a 4.71% dividend.

TEGNA had spun this company off because of the decline in newspaper advertising revenues. The company trades at 7.85 times Price to Cash Flow. Year to date the stock is up 20.82%.  I could see this stock trading to the $20 to $22 area, so a nice gain on your investment with a dividend kicker.

PDL BioPharma Inc. (Symbol PDLI, $4.00) according to their website,  "Manages a portfolio of patents and royalty assets, consisting primarily of its Queen et al. antibody humanization patents and license agreements with various biotechnology and pharmaceutical companies.  PDL pioneered the humanization of monoclonal antibodies and, by doing so, enabled the discovery of a new generation of targeted treatments for cancer and immunologic diseases for which it receives significant royalty revenue.  PDL is currently focused on intellectual property asset management, acquiring new income generating assets, and maximizing value for its shareholders."

That all sounds wonderful but here is the real important stuff.. The company has a Return on Equity 56.5% and a low PEG Ratio of  0.17.

PDL BioPharma has Revenues of $529.5 million  and a forward PE of 5.73. The Price to Book Ratio on the stock is 1.10 to 1 and the stock is trading at a Price to Free Cash Flow of 3.23.

There is more, the company pays a current dividend of 15.02% , (I doubt they will maintain this), and PDLI is in great financial shape with a Current ratio of 3.2 to 1. 

This company works on Royalty revenues from the companies that it invest in and have been quite successful. 2016 earnings are projected to be much softer,but still OK. I see a target here of $6 -$7 dollars per share on the stock price.

I asked for this book for Christmas for further learning in "Value" investing. I will let you know if Santa brings it. My hope is to bring you the best investing advice and that you continue to read my blog articles. Have a Happy and healthy Thanksgiving and holiday season.

Sincerely,

Freewilly

"This past week I had an epiphany to the virtues of "Value Investing" and how successful it can be. So I am combining my "Growth At a Reasonable Price" tenets with some traditional "Value Investing" tenets and want to see what results"

Dow Jones Industrial Average 17,910.33 Week ending 11-06-2015

Last weekend my wife and I attended a memorial gathering for a friend who was a gifted architectural historian. It was held at an estate of a gracious couple who were also friends of his. An intimate gathering to celebrate his life. Until we were introduced to our host, I had been unaware he is one of the great "Value" investors of our time.

Discussing stocks would have been inappropriate for this occasion, (although he did mention Warren Buffett a few times). Hopefully when we have the opportunity to meet again and he and I can discuss value investing as this is a topic I wish to pursue further.

Firstly let me say that I have limited expertise on this "Value Investing" subject, Anyone reading this blog that wants to "Value invest" should simply buy the stock of the world's leading experts, Warren Buffett and Charlie Munger, and may purchase shares of Berkshire Hathaway  Inc "B" stock (Symbol BRK.B , $136.33). This stock currently has a 1.38 price to book value. 

Anything written beyond this point is just a grand experiment!


So here is the spicy soup mix of screening that I came up with. I took PEG Ratio of less than 1.5, and ROE of 15% or higher, (My GARP tenets), and combined them with Value tenets of Price to Book value of 1.5 or less and Price to Cash Flow of 3 or under. Maybe a DaVinci Code for modern investing, ha,ha!  Here is what came up in the screening.

Iconix Group Inc. (Symbol ICON, $6.90)  a stock that got obliterated last week has a Book Value of 20.02. Even I can recognize this as a good value deal. PEG 0.18, ROE 14.40%, Price to Book 0.34 and Price to Cash Flow 1.91. 

A.H. Belo Corp.(Symbol AHC, $5.52) has a book value of $5.60 a share and is in the newspaper business. Who would want to own that? (Warren Buffett actually owns some newspaper companies, Washington Post). This company has an ROE of 65.5%, Price to Book 0.99, Price to Cash flow 1.42, and pays a 5.8% dividend. 

AU Optronics Corp. (Symbol AUO, $2.95) is a semiconductor company. It has a PE of 4.28, a PEG of 0.09, a ROE of 12.40, a Book value per share of $5.97, a Price to Book value of 0.49, and Price to Cash flow of 1.95.

The next one, and a few of these aren't perfect, is Concord Medical Holdings Limited, (Symbol CCM, $5.09) PEG Ratio 0.43, PE 8.63, ROE 10.50%, Book Value $6.54, Price to cash flow 11.86 (higher then my screen), Price to book 0.78. 

One stock that popped up based on Book Value but failed to pass a Warren Buffett tenet because of it being "Regulated by Government" is American International Group, (Symbol AIG, $61.93). Carl Icann is trying to remedy that situation by trying to get them to break up the company. Then they would no longer be in the "Too Big to Fail" category and under government scrutiny. Call these the "Honorable Mention" stocks.

AIG has a Book Value of near $80.00 per share with a Price to Book Value of 0.79. The current PEG Ratio is 1.16 and the forward PE is 11.32. It pays a dividend of 1.81% while you wait. The ROE is not great at 6.70 and the Price to Cash flow is off the charts at 25.25. But still may be a stock to look at.  General Motors (Symbol GM, $35.75) is another stock that might fall into this "interesting" category based on some, but not all of these Value screening criteria.

Another one in the honorable mention category in Mannatech Incorporated (Symbol MTEX, $25.10), which has had quite a run since September. PEG Ratio is 0.35 and PE is 6.06. Return on Equity is 34.60% and Price to book is 1.87. Price to Cash flow off the charts again at 13.73.  The recent run up in stock price may mean I am a little late to the game on this one. Still it makes the "Honorable Mention" category.

I may take a flyer out on ICONIX Brands, (symbol ICON), this week to test out my experiment. George Soros would tell me to double down on it if I am sure of myself. Let's see how the stock opens on Monday.

Have a great autumn weekend and enjoy your family and friends,

Freewilly

"This week the stock market doled out rewards and punishment with great clarity in regards to measuring stock prices. Amazon, Google, Netgear and Microsoft getting rewarded with gains and with Chipotle, Community Health, Pandora and Skechers getting taken down substantially in price. My pick this week, Visa (symbol V), has not been known to disappoint."

Dow Jones Industrial Average 17,646.70  (UP) Week ending 10/23/2015

This was a week in the market where there was no middle ground. If you did good, you were rewarded handsomely with a tremendous gain in stock price. If you did bad, on sales and earnings reporting, no quarter was given, and ETF's and institutional sellers came in pounding your stock price down, selling without showing any mercy. 

This has been a year of rotating financial stocks for me. I started with Discover Financial which although a great value it never made any headway in the stock market. I sold that 4 months ago and moved that money to American Express, another great value stock on paper. Luckily I dumped that on the afternoon before they reported earnings this week, where they were punished for a revenues and earnings miss and taken down 8%. 

 I decided to move into Visa (Symbol V, $77.07) which has done very well this year. The PEG ratio on the stock is higher than I like to pay, listed at 1.64 and 2.14 on two different websites. I do not like to pay over 1.5 PEG , but I decided that I needed to pay a premium to get into a better financial growth name in the space.  ROE on the stock is 21.01%.

VISA has been a stellar performer with a 1 year gain of 43.87% and a YTD gain of 17.57% and a 1 month gain of 8.63% , all according to the CNBC mobile website. Revenues are growing at 12% a year and Net income is growing at 16.36% per year.

VISA which operates in 200 different countries has just boosted their dividend up by 17% and it now returns 0.73%. The company has $39.429 Billion dollars in assets and has Zero Long Term debt. The Quick Ratio and the Current Ratio are 1.59 to 1.00, very solid numbers financially.

USAA has just announced that they are moving all their credit and debit cards over to Visa from Mastercard. Visa is also on the forefront of card "Chip" technology which should improve margins. 

Earnings at the company are growing at 11.6% per year and for 3 to 5 year it has been 20.4%. The forward PE on the company is 29.17 so it is valued like a growth stock.

Analysts are 17 Buy , 4 Out Perform, and 2 hold. This stock is a little more richly priced than I normally buy but I think it is necessary to own a good quality stock in the Financial area as a strong long term hold.

So buy some VISA stock, then relax and have yourself a nice meal, get a good night sleep, and wait for your stock to rise up in value. Visa is a good 1-3 year investment suitable for any investment account.

Hope your Fantasy Football team is doing good on this wonderful autumn day and have a great investment week,

Freewilly

"Adding some muscle to my lineup in this highly volatile market. A little growth, a little value, and one muscular biotech-pharma stock"

Dow Jones Industrial Average 16,472  (Up) Week ending 10-02-2015

Greetings. I am like all the other investors currently here trying to get a foothold 
and to position my portfolio correctly to move forward.

I even went so far as to listen to George Soros's lectures on Reflexivity and its relation
to financial markets, which are contrary to the traditional market accepted ideas on 
stock theory that emphasize Equilibrium as the rule. I had previously prejudged 
George S. because of his negative view on my George, (Bush 43). What Soros really
 is against is the Patriot Act. It is contrary to his views and philosophy on the 
"Open Society". It is a tough call between "freedom versus safety".  I have read
 his economic  theories with an open mind, and on that front, all must admit that he
 is absolutely brilliant. 

So while the market has corrected, I have taken some profit on winners and even 
sold out my Disney position. I took the cash to reinvest here and add to some 
smaller positions that I had established earlier in the year.

I wanted to add some muscle to my portfolio with these 3 picks. So the first 

thing I did was to add to my position in MobileEye N.V 

(Symbol MBLY). 

This growth stock has doubled revenues 3 years in a row. I added to a previous 

position I had taken in the stock to move MBLY into a "Top 10" position in my

portfolio. I feel it is a good "Growth" component in my portfolio going forward. 

Barron's Magazine this weekend had an article about how General Motors Corp. is

looking at their technology favorably. Safety is important and MobileEye's software 

is tops in that department. It does not meet either of my normal criteria on ROE 

and PEG ratio so from that standpoint it is somewhat speculative.

My second stock, is my value stock pick, that I added to my position in. Time Warner Inc. (symbol TWX). while everyone else is loading up on Netflix, I am buying this ignored owner of HBO, Turner Broadcasting and Warner Bros. and all their valuable media assets. The stock should be trading at $120 per share based on earnings going into 2016 and it is at $70 per share. HBO is winning all of the awards, so add to your position in this one right here. This stock meets both my ROE and PEG rules.

My third pick that I added to was Celgene (Symbol CELG). I broke 

Jim Cramer's rules and averaged "UP" when I added to this position, but I was 

buying it on a big recent dip. Sometimes you just need to use common sense 
and break the rules. It was an opportunity to put Celgene in the Top 10 in my portfolio
 and so  I took advantage of it. This company is rock solid for the next few years. 

So with these 3 stocks I have added great muscular strength to my portfolio. I felt that 

this was the best strategy in this trading environment, just add "Tough guys". 

Like Popeye below you need to feed your portfolio some "spinach" and keep it strong.

Trade carefully and always improve your stock positions. 

Freewilly

"Finally I get a chance to write about one of my 15 for 2015 stock picks. Oshkosh Corp. (Symbol OSK), which was already a great value stock, won a contract from the US. Army for $6.7 Billion dollars to build military vehicles"

Dow Jones Industrial Average 16,102.38 (Down) Week ending 09-03-2015

Oshkosh Corp. (Symbol OSK, $39.60) has always had great value fundamentals by my standards. A PEG Ratio of 0.83 and a Return on Equity of  15% were always good even though revenues had been declining for the last 4 years. It was one of my 15 for 2015 stock picks this year.

    Now that has all changed. August 25th, 2015 Oshkosh and Oshkosh Defense were awarded by the US Army a $6.7 Billion dollar contract to replace the military's aging fleet of Humvees with 17,000 Oshkosh JLTV vehicle. That amount is larger than its whole 2014 sales Revenue for the year! Add to that a 10 Million share stock buyback announced on Sept 1st and a possibility of another $50 Billion in contracts to replace the rest of the old Humvees and now you have a sweet 3-5 year story on a stock that already had pretty good fundamentals.

Some other good things about Oshkosh, the book value on the company is $25.57 a share so you are not paying much for the operations. Ben Graham and Warren Buffett would like the setup on this stock. Also the dividend on the stock is 1.72% so you get paid while you are waiting for your capital gain.

So lets look at some earnings information. 

The company is projecting 15% Annual earnings growth and should see that or better going forward. Earnings per share for 2015 are projected at $3.15 per share and for 2016 they are looking like $3.63 per share with a forward PE of 11.10 way below the market's current PE. (FYI, truck and auto stocks tend to trade at lower PE's in general when you a pricing them for valuation unless your name is Tesla.)

There is really good Insider buying on this one also. The future looks very bright here.
I purchased the stock around this price on Friday and you can buy it here with not to much downside risk. Even if we have another downside Tsunami in selling, this one should spring right back. China and interest rates will have no effect on the story here.

Enjoy your Labor Day weekend here in the USA. Everywhere else enjoy your regular weekend. Keep an eye out for bargains like this and leave comments with your own suggestions on my blog.

Freewilly

I don't think we are quite at a bottom yet, but there are some names that you can start to accumulate here for a long term investment. AXP, GILD,DIS,TWX, and AAPL

Dow Jones Industrial Average 15,459.75 (Way Down) Week ending 08-21-2015

(The Dow Jones averages have now corrected 10.9% off of its high for the year.)

 So after an ugly month of trading in August most accounts are back where the started back in January this year. Flat as a pancake, but oh what a fun ride. 

I don't think the market correction is quite over yet, but here are some names you can buy for the long term as we settle in and put in a bottom. These are all Large Cap names and should be familiar to you. Since it is September just about, we will look at 2016 forcasted earnings.

The first one is American Express Corp. (Symbol AXP, $77.15). This stock is trading at a PE of 13.54 and is forecasting earnings per share of $5.68. You will not go broke buying some of this.


2nd Pick would be Gilead Sciences Inc. (Symbol GILD, $105.33).  This stock has a PE of 10 and is projecting 2016 earnings per share of $11.55.  

 The third stock would be Walt Disney Corporation (Symbol DIS, $98.84). This one the bean counters have thought the "sky is falling" because of cable bundling coming undone. Evidently they do not understand the power of the "Force" and that Star Wars is coming one after another for the next 5 Years. Consider Disney 10 times more powerful than the Death Star in Star Wars. You can invest as much as you like in this name. Fire at will!  Disney has a current PE of 20.55 and is forecasting 2016 earnings of $5.59 per share.

Speaking of Death Stars, here is a little company that has $194 Billion dollars of cash on it's balance sheet, Apple Inc. (Symbol AAPL, $105.76). Apple currently has a PE of 12.21 and is forecasting 2016 earnings of $9.73 per share. The stock frankly should be trading at $160 - $180 dollars per share. This one is a layup at this price, a no brainer.


 The fifth stock is Time Warner Inc. (Symbol TWX, $72.70). This company has the least exposure to the fickle AD revenue business. They are about Content. HBO, Warner Bros., and Turner make up a powerful and expanding lineup. Time Warner Inc. currently has a PE of 17.1 and has 2016 projected earnings of $5.72 per share. This stock is rock solid and can be purchased here at this price.

As always be careful when buying stocks. Smaller is better because you can always buy more later.

Have a great weekend,

Freewilly

In this trading environment you need to look for solid companies with little debt. If you like the stock of Home Depot, you will probably also like the stock of American Woodmark Corp. (AMWD)

Dow Jones Industrial Average 17,690  (Down)  Week ending 07-31-2015

Greetings. I found a really nice small-cap stock that only two analysts are following. One has a Buy rating and one has a hold. My rating is to buy it on a pullback, because it just had a recent big breakout and run up in price. 

The company is  American Woodmark Corp. (Symbol AMWD, $65.76). 

"American Woodmark Corporation manufactures and distributes kitchen cabinets and vanities for the remodeling and new home construction markets. American Woodmark was incorporated in 1980 by the four principal managers of the Boise Cascade Cabinet Division through a leveraged buyout of that division. American Woodmark was operated privately until 1986 when it became a public company through a registered public offering of its common stock.

 

American Woodmark currently offers framed stock cabinets in approximately 500 different cabinet lines, ranging in price from relatively inexpensive to medium-priced styles. Styles vary by design and color from natural wood finishes to low-pressure laminate surfaces. The product offering of stock cabinets includes 85 door designs in 21 colors. Stock cabinets consist of cabinet interiors of varying dimensions and construction options and a maple, oak, cherry, or hickory front frame, door and/or drawer front.

 

Products are sold under the brand names of American Woodmark®, Timberlake®, Shenandoah Cabinetry®, Shenandoah Value Series ™ , and Waypoint Living Spaces®."

Sales through Home Depot and Lowe's make up about 45% of American Woodmark's company revenues.

AMWD based in Winchester, VA. has an ROE of 16.30 and the PEG Ratio is a little out of whack at 3.72, (That is why you should wait for a little bit of a pullback before you purchase shares). The current PE is 29.76.

The company had revenues of $825.5 Million last year and has a market cap of 1 Billion dollars. The company has a very healthy Quick Ratio of 2.9 to 1 and a Current Ratio of 3.32 to 1. The company has little to no long term debt. It pays a 0.55% dividend currently.

Earnings per share for 2015 are looking like $2.54 per share and for 2016 they look like $3.13 per share. Earnings this year are up 68.7%. EPS for the past 5 years have averaged 27.7% gain per year. 2016 earnings growth is projected to be at 15.71% and for 2017 19.34%.

The stock price has performed very well recently with a YTD gain of 62.61% and One year gain of 123.67%.

So a really nice American small cap stock to buy for you. Again, need to wait for a little pullback to jump in. (maybe when the Fed raises interest rates this year in around a month from now.)

Then when you make you big profit money you can go out to Home Depot or Lowe's and get yourself some new kitchen cabinets made by American Woodmark. Then everybody is happy!

Catch you next time around,

    Freewilly