I last reviewed Blackstone (BX) in this January 26 post at which time it had just released its Q4 and FY2023 results. Now that BX has released its Q1 2024 results on April 18, I take this opportunity to revisit this existing holding. Based on my analysis, I expect improved results from Blackstone if interest [...] The post Expect Improved Results From Blackstone If Interest Rates Decline appeared first on Financial Freedom Is A Journey ..read more

  In my April, June, and July 2022 Intuitive Surgical (ISRG) posts, I deemed shares to be attractively valued and disclosed the purchase of additional shares. In subsequent ISRG posts that are accessible through the FFJ Archives, however, I have disclosed my decision not to add to my exposure because I felt shares were overvalued. [...] The post Intuitive Surgical Remains Too Richly Valued appeared first on Financial Freedom Is A Journey ..read more

  Genuine Parts' (GPC) has grown its dividend for 68 consecutive years thereby qualifying it for Dividend King status. Unfortunately, some investors base their investment decisions primarily/solely on dividend metrics. Do not let its Dividend King status influence your investment decision! Focus on the company's underlying fundamentals, competitive strengths, risk, and total potential long-term shareholder [...] The post Do Not Let Genuine Parts’ Dividend King Status Influence Your Investment Decision appeared first on Financial Freedom Is A Journey ..read more

I last reviewed Goldman Sachs (GS) in this October 23, 2023 post at which time the most recent financial results were for Q3 and YTD2023. Based on my analysis, I concluded that the firm's stumble had created a buying opportunity. Fast forward to April 15, 2024 and we now have Q1 2024 results. I, therefore, [...] The post No Margin Of Safety in Goldman Sachs’ Valuation appeared first on Financial Freedom Is A Journey ..read more

The asset manager industry is highly fragmented and most asset managers should not, for a variety of reasons, even exist. At the opposite end of the spectrum, however, impressive performance by BlackRock (BLK) continues thereby increasing the probability of it benefiting from inevitable industry consolidation. One of the conclusions in PwC's '2023 Global Asset and [...] The post Impressive Performance By BlackRock Continues appeared first on Financial Freedom Is A Journey ..read more

I last reviewed Zoom Video Communications (ZM) in this November 21, 2023 post at which time the most current results were for Q3 and YTD2024. On February 26, while in transit to British Columbia for a ski trip, ZM released its Q4 and FY2024 results. Now that I have had the time to analyze ZM's [...] The post Zoom Video Communications Exposure Increased appeared first on Financial Freedom Is A Journey ..read more

In my March 21 post, I disclosed the addition of Veeva Systems (VEEV) to the FFJ Portfolio. When I wrote that post, I had recently returned from a ski trip. Shares were trading at ~$230 and I deemed shares to be at the top end of fair valuation. I, however, had initiated a 100 share [...] The post Increased Exposure To Veeva Systems appeared first on Financial Freedom Is A Journey ..read more

This FFJ Portfolio - March 2024 report recaps my investment activity during the month of March. A snapshot of the holdings within the portfolio at the end of each month from December 2018 to March 2024 is accessible here. In December 2018, the FFJ Portfolio totals were: Core Accounts:  ~$350,809 CDN and ~$418,907 USD Side [...] The post FFJ Portfolio – March 2024 appeared first on Financial Freedom Is A Journey ..read more

In my March 28 Automatic Data Processing (ADP) Is Overvalued guest post at Dividend Power, I lay out my rationale for not wanting to add to my current exposure. I have no idea how ADP's share price will behave in the very short term. I am, however, reasonably confident its share price will be higher [...] The post Automatic Data Processing (ADP) Is Overvalued appeared first on Financial Freedom Is A Journey ..read more

I last reviewed Nike (NKE) in this December 22, 2023 post at which time I concluded that NKE's valuation did not warrant the purchase of additional shares. Now that NKE has released its Q3 and YTD2024 results and FY2024 outlook on March 21, I revisit this existing holding. In my opinion, the time to invest [...] The post Near Term Challenges Make Nike A BUY appeared first on Financial Freedom Is A Journey ..read more