United Rentals Inc. Analysis – Initial Coverage $URI
United Rentals Inc. (URI) does not qualify for either the Defensive Investor and the Enterprising Investor. The Defensive Investor is concerned with the low current ratio, the lack of dividends, the insufficient earnings growth or stability over the last ten years, and the high PB ratios.
Security Analysis for the Lay Investor: General Approach (MG Book Club Chapter 11)
This is the eleventh discussion of the ModernGraham Book Club’s reading of The Intelligent Investor by Benjamin Graham. This week we will discuss the eleventh chapter, which is titled “Security Analysis for the Lay Investor: General Approach.” Even if you don’t have the book I think you will find our discussions to be very useful in your own understanding of value investing, and you can still bring a lot to the discussion from your own experiences as an investor.
Johnson & Johnson Valuation – April 2019 #JNJ
Johnson & Johnson does not satisfy the requirements of either the Enterprising Investor or the more conservative Defensive Investor. The Defensive Investor is concerned with the low current ratio, insufficient earnings growth over the last ten years, and the high PEmg and PB ratios.
Goldman Sachs Group Inc Valuation – April 2019 #GS
Goldman Sachs Group Inc qualifies for both the Defensive Investor and the Enterprising Investor. In fact, the company meets all of the requirements of both investor types, a rare accomplishment indicative of the company’s strong financial position .
DXC Technology Co Valuation – April 2019 #DXC
DXC Technology Co does not satisfy the requirements of either the Enterprising Investor or the more conservative Defensive Investor. The Defensive Investor is concerned with the low current ratio, insufficient earnings stability over the last ten years, and the poor dividend history.
Security Analysis
We received an email yesterday from a reader who asked which edition of Benjamin Graham’s Security Analysis we recommend. In our opinion we find the 1940 edition to be the premier copy due to changes made from the first edition published in 1934. There was much change throughout the investing community in the 1930’s and […]