Michael Casey’s Money Recaps Stock Ideas

United Rentals URI 87 – Great news. Q4 earnings rose 38% ex items to 2.19 and full year earnings rose 41% to 6.91. Debt declined slightly. They are buying back their stock. They said the downturn in oil will be only a slight net negative and they forecast blowout earnings for 2015 up about 25%. I am raising my sell target to 106.

John Molvar

Discover DFS 60 – Disappointing news. Q4 earnings fell 13% sequentially to 1.19 ex items the worst quarterly performance in more than 2 years. With the stock way up and earnings reversing and the stock at the high end of its historical P/E range, I sold after hours at 59. I sold for an average gain of 52.1% plus dividends for a net gain of 55.5% over the 3+ years I owned it.

FFD Financial Bank FFDF 27 – Good news. Q2 earnings rose 10% to 0.69. Book value rose to 24. Non performing assets are negligible at 0.5%. Equity to assets is rock solid at 8.8%. They raised the dividend by 17% and it now yields 3.1%. I am raising my sell target to 41.
John Molvar

Last edited by a moderator: Jan 22, 2015
23 Years Investing Experience

15.3% average annual returns

Author of 5 start rated book Beginning Investing

Print: https://www.createspace.com/4694499

Digital: http://www.amazon.com/dp/B00HZ3PZ00

Raymond James Financial RJF 52 – Good news. Q1 earnings rose 19% ex items to 0.87. Book value rose to 30. They raised the dividend by 13% to now yield 1.4%. I am raising my sell target to 63.

John Molvar

Last edited by a moderator: Jan 22, 2015
23 Years Investing Experience

15.3% average annual returns

Author of 5 start rated book Beginning Investing

Print: https://www.createspace.com/4694499

Digital: http://www.amazon.com/dp/B00HZ3PZ00

Verizon VZ 48 – Good news. Q4 earnings rose 8% ex items to 0.71 and full year earnings rose 18% to 3.35 ex items. They raised the dividend by 4% to now yield 4.7%. They forecast earnings growth of about mid single digits. The growth rate is clearly slowing due to the price wars by T-Mobile, but it won’t last forever because T-Mobile lost nearly 100 million in Q3. I am lowering my sell target to 64.

23 Years Investing Experience

15.3% average annual returns

Author of 5 start rated book Beginning Investing

Print: https://www.createspace.com/4694499

Digital: http://www.amazon.com/dp/B00HZ3PZ00