VF Corporation 10-Year Targets

Below are the valuation targets for VF Corp. (VFC) for the next 10 years. Continue reading

Royal Gold 10-Year Targets

Below are the valuation targets for Royal Gold (RGLD) for the next 10 years. Continue reading

Brown-Forman 10-Year Targets

Below are the valuation targets for Brown-Forman (BF-B) for the next 10 years. Continue reading

Waste Management 10-Year Targets

Below are the valuation targets for Waste Management (WM) for the next 10 years. Continue reading

WEC Energy Group 10-Year Targets

Below are the valuation targets for WEC Energy Group (WEC) for the next 10 years. Continue reading

Welltower Inc. 10-Year Targets

Below are the valuation targets for Welltower Inc. (WELL) for the next 10 years. Continue reading

BancFirst Corporation 10-Year Targets

Below are the valuation targets for BancFirst Corporation (BANF) for the next 10 years. Continue reading

General Electric Upside Targets

We’ve been tracking the long and painful slide in the shares of General Electric for quite some time.  In a January 2018 posting titled “The Rise and Fall of GE,” when GE was trading at $16.17, we said the following of General Electric:

“From what we can tell, the price target at the ascending $10.97 level is a lock (approximately $12.18).  This would match the decline that was experienced by GE in the period from 2000-2002.  The question becomes, will GE match the decline of 2007-2009, on a percentage basis.  If so, then GE would decline to as low as $5.27.”

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So far, the decline has been consistent with expectations.  However, now is the time to consider the upside resistance targets.  The above chart lays bare the expectations for an upside move. The upside targets are:

  • $19.82
  • $24.28
  • $28.60

Interestingly, GE could achieve all of the designated upside resistance targets and still be in a declining trend.  The year 2019 could be forgiving to GE, but the stock price is not out of the woods just yet.

When is GE in the clear? When the stock appreciably increases above $32.93.

2019 Dogs of the TSX 60

Below is the Dogs of the TSX 60 for 2019 with the breakdown of the other categories that we track. Continue reading

2019 Dogs of the Dow

Below is the Dogs of the Dow for 2019 with the breakdown of the other categories that we track. Continue reading

Dow 2019 Technical Targets

Downside Targets Continue reading

2018 Dogs of the Dow

Below is a chart of the performance of the Dogs of the Dow from January 2, 2018 to December 31, 2018.

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The top ten highest yielding stocks are the traditional Dogs of the Dow.  For the year 2018, the highest yielding stocks beat the Dow with a loss of –3.52% compared to the Dow’s decline of –5.34%.

Ten Highest Yielding Stocks Compared to the Dow 1996-2018

year Dogs of Dow DJIA
2018 -3.52% -5.34%
2017 19.45% 25.10%
2016 16.10% 13.40%
2015 -1.20% -2.20%
2014 7.00% 7.50%
2013 30.30% 26.50%
2012 5.70% 7.30%
2011 12.20% 5.50%
2010 15.50% 11.00%
2009 12.90% 18.80%
2008 -41.60% -33.80%
2007 -1.40% 6.40%
2006 24.80% 16.30%
2005 -8.90% 0.60%
2004 0.50% 3.10%
2003 23.60% 25.30%
2002 -12.20% -16.80%
2001 -7.80% -7.10%
2000 2.70% -6.20%
1999 1.10% 25.20%
1998 7.80% 16.10%
1997 17.30% 22.60%
1996 24.50% 26.00%

Noteworthy Stats

  • Our selection of the top 1,2,3 highest p/e stocks of the Dow on January 2, 2018 gained +6.54%.
  • The best performing group was the top 2,3,4 of the highest p/e stocks with a gain of +18.24%.
  • The worst performing group was the top 1,2,3 of the highest yielding stocks with a loss of –25.44%.

Analysis Review

Coppock Curve: December 2018

This is the last update of Coppock Curve for the year and the indicator is in a free fall. We began the year at 283 in January. At the close of December, the indicator fell to 114, a 60% drop. These stats do not mean much without consideration for the location and direction. However, the faster this indication dip into the negative territory, the sooner we can look forward to a buying indication. Continue reading

Nucor Corp. 10-Year Targets

Below are the valuation targets for Nucor Corp. (NUE) for the next 10 years. Continue reading

Lincoln Electric 10-Year Targets

Below are the valuation targets for Lincoln Electric (LECO) for the next 10 years. Continue reading