Dow Jones Industrial Average 24462.94 (UP) for the Week ending 04/20/2018
S & P 500 Index 2670.14
Hello. Two weeks ago I received my Barron's magazine paper version on a Saturday
morning and suddenly discovered that there are no longer listed "Last years earnings"
, "This years earnings" and "next years earnings". (The last copy to have it was the
April 9th copy). This action renders this once handy tool as kind of useless now.
(Tits on a bull came to mind). I am calculatingly that it is the beginning of the end
of one of the decent newspaper magazines you could read and use as an investor. Oh,
well I guess the individual stock picker will just need to figure it out. Can't we just
have a Saturday afternoon without turning on a computer or cell phone?
The magazine still does have some good articles though. This week they pointed out
General Mills (Symbol GIS, $43.41 ), was a bargain right
now, down 27% for the year and a new 52 week low , and is paying a 4.52% dividend
right now. The company has moved into some new areas with the purchase of
Blue Buffalo Pet foods and is actually looking to have a pretty good year. The
consumer Staples stocks in general got beat up this week. J M Smucker
Co. (Symbol SJM, $114.92) and a PE of 6.43 and a good dividend
also looks like a good value play here and SJM has less debt than GIS.
After some weeks of studying though, the real value stock that I want to discuss with
you is the stock of Alphabet (Symbol GOOGL, $1077.31).
I had picked up some shares when it was at $1040.00 this week , which seems to be a
good buy in point for the stock. Google reports earnings this week and could get roughed
up a bit according to the CNBC option guys and this could create an opportunity to pick
up 5 or 10 shares or more.
Warren Buffett for years liked the dynamics of the newspaper business and their
steady cash flow that they got from advertising revenues. Buffett in the past has owned
The Washington Post and the Media General Newspapers and liked many newspapers
that were dominant in smaller markets. Now Google gets all those advertising revenues
and also works with and teaches their customers the most effective way to advertise.
Then you add to that revenue the Alphabet Cloud Businesses, The AI artificial
intelligence business, The Linux operating system Google interface for all the
cell phones accept Apple, $100 Billion dollars in cash, All the mobile patents
they got when they purchase the Motorola cell phone business, YouTube,
Waymo automated driverless car business, etc, etc. etc., and you have a
virtual fireworks of value to be thrown off into stock gains. You just need to buy
the shares.
I will also leave you with a good book for value investors to read by Guy Spier. He is
good freinds with value investor Mohnish Pabrai and tells many good ideas for the
discipline of being a value investor. (Also about many bad behaviors to avoid. Oddly
he says that I should not talk about the stocks I own, but this would be counter-productive
to writing a Value Stock investing blog so I will need to bend that one rule. I think he will
let me slide on this one. I bought this book at Barnes and Noble bookstores. I still support
brick and mortar. Call me old fashion. I like to read Barron's in the paper version best also.
S & P 500 Index 2670.14
Hello. Two weeks ago I received my Barron's magazine paper version on a Saturday
morning and suddenly discovered that there are no longer listed "Last years earnings"
, "This years earnings" and "next years earnings". (The last copy to have it was the
April 9th copy). This action renders this once handy tool as kind of useless now.
(Tits on a bull came to mind). I am calculatingly that it is the beginning of the end
of one of the decent newspaper magazines you could read and use as an investor. Oh,
well I guess the individual stock picker will just need to figure it out. Can't we just
have a Saturday afternoon without turning on a computer or cell phone?
The magazine still does have some good articles though. This week they pointed out
General Mills (Symbol GIS, $43.41 ), was a bargain right
now, down 27% for the year and a new 52 week low , and is paying a 4.52% dividend
right now. The company has moved into some new areas with the purchase of
Blue Buffalo Pet foods and is actually looking to have a pretty good year. The
consumer Staples stocks in general got beat up this week. J M Smucker
Co. (Symbol SJM, $114.92) and a PE of 6.43 and a good dividend
also looks like a good value play here and SJM has less debt than GIS.
After some weeks of studying though, the real value stock that I want to discuss with
you is the stock of Alphabet (Symbol GOOGL, $1077.31).
I had picked up some shares when it was at $1040.00 this week , which seems to be a
good buy in point for the stock. Google reports earnings this week and could get roughed
up a bit according to the CNBC option guys and this could create an opportunity to pick
up 5 or 10 shares or more.
steady cash flow that they got from advertising revenues. Buffett in the past has owned
The Washington Post and the Media General Newspapers and liked many newspapers
that were dominant in smaller markets. Now Google gets all those advertising revenues
and also works with and teaches their customers the most effective way to advertise.
Then you add to that revenue the Alphabet Cloud Businesses, The AI artificial
intelligence business, The Linux operating system Google interface for all the
cell phones accept Apple, $100 Billion dollars in cash, All the mobile patents
they got when they purchase the Motorola cell phone business, YouTube,
Waymo automated driverless car business, etc, etc. etc., and you have a
virtual fireworks of value to be thrown off into stock gains. You just need to buy
the shares.
 |
| "The best value stock I could find GOOGL" |
good freinds with value investor Mohnish Pabrai and tells many good ideas for the
discipline of being a value investor. (Also about many bad behaviors to avoid. Oddly
he says that I should not talk about the stocks I own, but this would be counter-productive
to writing a Value Stock investing blog so I will need to bend that one rule. I think he will
let me slide on this one. I bought this book at Barnes and Noble bookstores. I still support
brick and mortar. Call me old fashion. I like to read Barron's in the paper version best also.
Many happy financial returns,
Freewilly
