Six of my nine picks are in the black.
Church & Dwight Co., Inc. (NYSE: CHD), my favorite consumer goods company, just split its stock two for one on September 2…its fourth stock split since 1999.
http://www.splithistory.com has a pretty good write-up on how CHD has done after splits were factored in.
WARNING: ITS PRETTY GOOD!
Convenience store powerhouse Alimentation Couche-Tard continued along its consolidation path Continue reading
While I am nowhere in the same league as the geniuses at ValueAct Capital Management, I must admit that I did spend the majority of last Friday smiling upon reading the news that a fund associated with ValueAct Capital Management Continue reading
As I consider myself to be a long-term investor, I take short-term disappointment in stride…not a few months does a successful investment make. Having said that, periodic performance reviews should be undertaken to ensure the ‘story’ that lead you to invest in the business in the first place has not materially changed (i.e. obsolescence, regime change etc.) and the businesses are still attractive for the long haul. Continue reading
The last (and abbreviated) trading week of 2015 saw all but two of the indices closing lower. A December turnaround in the German market saw that country’s DAX index overtake Japan’s Nikkei 225 to emerge the top performer of 2015 with a strong return of +9.56%.
With the exception of Japan, investors enjoyed a Santa rally this week as six of the seven indices I track posted strong gains comfortably in excess of 1.5%. London’s FTSE 100 was the week’s top performer followed by Germany’s DAX and France’s CAC 40.
Investors digested the Fed’s decision to raise rates by dipping back into the market and allowing several indices to recover some ground lost last week. Four of the seven indices shown above are posting negative returns on a YTD basis, with Japan’s Nikkei 225 occupying 2015’s top spot thus far with a strong gain of about 8.4%. The rout in commodities has not been kind to Canada’s S&P/TSX composite, handing it the dubious distinction of being this year’s worst performer to date (-10.92%).
Investors fled stocks last week as each of the indices we track fell sharply. London’s FTSE 100 was last week’s worst performer with a decline of nearly 4.6% followed by the Canadian S&P/TSX composite which plunged nearly 4.3%. Falling crude prices and the increasing likelihood of a Fed rate hike were the likely reason for the market carnage.