Nordson (NDSN) has the 14th longest dividend growth streak among U.S. public companies with 52 consecutive years of increases, but many investors have never heard of this dividend king. The company has sticky customer relationships, a large base of recurring revenue, extremely diversified end markets, low payout ratios, and even trades at about 15 times forward earnings. These are the types of businesses we like to own in our Top 20 Dividend Stocks portfolio. Business Overview NDSN was founded in 1954 and manufactures products used for dispensing adhesives, coatings, sealants, biomaterials, and other materials; for fluid management; for tes...
The Australian dollar recently declined somewhat against the US dollar as it closed at 0.7003. In the morning session, economic data revealed that December’s reading for business confidence dropped to 3.0, which was 2.0 points lower than the reading in November 2015 of 5.0. Other negative factors include the decline in the business conditions index from 10.0 in November 2015 to 7.0 in December 2015. The AUD/USD currency pair is likely to hit a support level of 0.6981, but if it breaks through that support level, it could move as low as 0.6947. Resistance is holding steady at 0.7049 and if that level is breached, the AUD/USD pair could hit...
Reading headlines about Coca-Cola (KO), you would think the company will be shutting its doors soon. Articles Like: The End of the Coke Era on Business Insider Coca-Cola: End of an Era? on Seeking Alpha Is This The End of Coca-Cola As We Know It? on NASDAQ Make it sound like Coca-Cola is on its last legs. People here Coca-Cola, and they think of the iconic soda; and they are right to – Coca-Cola is the global leader in soda. But there’s more to Coca-Cola than soda… Source: Coca-Cola Investor Relations Coca-Cola is the global leader in: Still (non-carbonated) beverages Ready-to-drink coffee Ready-to-drink juice The company has 20 br...
The Procter & Gamble Company (PG – Analyst Report) enjoys strong brand recognition with its consumer products sold in more than 180 countries. Its 21 Billion Dollar Brands like Tide, Pampers, Oral-B, that generate$1 billion to over $10 billion in sales annually, are some of the world’s most commonly used household names. However, the company operates in a challenging environment where market growth rates are constantly decelerating, mainly due to slow growth in developing markets. It has been struggling to grow sales which has been overshadowing its relatively better margins. Significant negative Fx impact, weak volumes, plann...
Photo Credit: Charis Tsevis United States Steel (X) Materials – Metals & Mining | Reports January 26, after the close. The Estimize consensus calls for EPS of -$0.82, still 3 cents higher than Wall Street, but reflecting a downward trend. Profit estimates have slid 64 cents in the past three months. Revisions activity for revenues are not as steep, but the current estimates of $2.515B still reflects a 12% drop during that period. What to Watch: After a dismal year, the steel industry is poised to continue its drop-off in 2016. China’s slowdown, which is expected to carry into 2016, has had huge implications for commodities and es...
The carnage always comes by surprise, often on an otherwise ordinary Saturday morning… The government declares a surprise bank holiday. It shuts all the banks. It imposes capital controls to stop citizens from taking their money out of the country. Cash-sniffing dogs, which make drug-sniffing dogs look friendly, show up at airports. At that point, the government is free to help itself to as much of the country’s wealth as it wants. It’s an all-you-can-steal buffet. This story has recently played out in Greece, Cyprus, Argentina, and Iceland. And those are only a few recent examples. It’s happened in scores of other countries throughou...
Back in August we noted that John Paulson managed to get himself and his investors involved in two rather dubious “firsts” in 2015: Puerto Rico became the first US commonwealth in history to default, and Greece became the first developed country to default to the IMF. “[Paulson] is one of a handful of bold hedge fund investors who poured hundreds of millions of dollars into Greece in a wager that the country’s economy would recover after years of economic crisis,” the New York Times wrote late last summer, on the way to explaining why the wealth management arm of Bank of America Merrill Lynch was liquidating its client...
The FTSE 100 has now given back 50% of last week’s gains. This is in line with yesterday’s outlook, when we stated that “In the short-term, the trend is bearish below this week’s high of 5944 and the index may drift to the 5700 to 5800 range.” As price is now in the 5700 to 5800 range the risk/reward ratio favors long positions and signs of people buying in this zone (similar to a bullish candlestick pattern) should be enough to initiate a trade with stops below last week’s low. However, there are legitimate reasons for the latest slide and strong caution is warranted. Firstly, the China CSI 300 index (blue chip stocks of Chi...
Sprint Corp (NYSE:S) and Johnson & Johnson (NYSE:JNJ) released their latest earnings reports before opening bell this morning. Sprint posted losses of 21 cents per share and sales of $8.11 billion, compared to the consensus estimates of $8.25 billion in sales and losses of 24 cents per share. In last year’s third fiscal quarter, the mobile carrier posted losses of 60 cents per share and revenue of $7.89 billion. Johnson & Johnson posted adjusted earnings of $1.44 per share on revenue of $17.81 billion. Analysts had been expecting earnings of $1.42 per share and sales of $17.88 billion. In last year’s fourth quarter, the consumer ...
Last week the Census Bureau reported retail sales for December, and the numbers weren’t pretty. Sales dropped 0.1% overall last month, and were down the same 0.1% when auto sales were excluded. Removing volatile gasoline sales only moved the number to flat. Making matters worse, retail sales increased a paltry 2.1% for all of 2015 – the smallest gain since 2009, and well below the 3.9% growth in 2014. The report justified our negative view on earnings. Fourth-quarter numbers should be ugly. All of this plays right into our forecast for a general market decline and tough economic conditions in the months ahead. But it also means something ...