I note that PepsiCo (PEP) released quarterly results earlier this week. COVID-19 aside, the snack and beverage giant looks in great shape. We shall get to the virus later, but for now let’s appreciate the numbers the company put out last quarter. Revenue came in 7.7% higher than in 1Q19, or…
April 2020
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I have held back on talking about Exxon Mobil (XOM) stock during this crisis. This isn’t because I take a negative view on its investment prospects, although I appreciate that may sound crazy in the current environment. Having been optimistic when it traded at $70 a share, it stands to reason…
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The headline news out this week included yet another dividend cut over at Anheuser-Busch InBev (BUD). To cut a long story short, the company will now pay out a final dividend of fifty euro cents per share rather than the round one hundred previously expected. That brings the total FY19 dividend…
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Energy infrastructure owner Kinder Morgan (KMI) used to be one of the most popular tickers when I first started reading Seeking Alpha. Admittedly, what follows is a thoroughly unscientific observation, but Kinder Morgan articles used to appear on the front page all the time just a few years ago. It’s not hard…
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As much as I’d like to talk about blue chips stocks, it isn’t easy right now. None of the go-to names, save a few exceptions such as Exxon Mobil, trade for particularly attractive prices at the moment. Perhaps we will still revisit the lows of last month, or maybe that…