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David Alton Clark  

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  • Kinder Morgan's Plan To Take The Oil And Gas Industry By Storm Materializes
    Dec. 7, 2014 KMI, KMP 253 Comments

    Summary

    • In my last piece regarding Kinder Morgan I listed my top concerns for the company based on the massive decline in oil prices.
    • I like to throw all the potential negatives against the wall and see what sticks when major market shifts occur.
    • I received a tremendous response to the article regarding the veracity of the ‘so-called’ negatives. The value of the feedback from comments section was incredible.
    • In this article I will detail the mitigating factors regarding the potential headwinds. Furthermore, I will make the case Kinder Morgan offers an unprecedented buying opportunity.
  • Bank Of America: A Perfect Storm Of Profits Lies Ahead
    Dec. 7, 2014 BAC 22 Comments

    Summary

    • The entire banking sector rose after a strong jobs number was reported Friday morning. Bank of America’s stock was up nearly 3% on the day.
    • The strong jobs growth coupled with several other positive catalysts on the horizon could make 2015 a very exciting year for the bank.
    • Nevertheless, there are always risks to any investment thesis. In the following article we will separate the wheat from the chaff and make a determination.
  • Exxon Mobil: A Massive Buying Opportunity? Don't Drink The Kool-Aid
    Dec. 5, 2014 XOM 50 Comments

    Summary

    • There has been a tectonic shift in the oil patch as of late.
    • The price of oil has sunk to multi-year lows on the back of news OPEC will not cut production and the incredible success of North American oil and gas production.
    • Consequently, Exxon Mobil’s stock has taken a hit as of late. Several analysts have come out touting this is an excellent buying opportunity.
    • I say not so fast. In the following article we will attempt to determine the truth regarding the opportunity Exxon Mobil offers dividend growth investors.
  • General Electric: The Opportunity Of The Coming Decade Materializes
    Dec. 4, 2014 GE 46 Comments

    Summary

    • The General Electric Power Generation Products President and CEO Vic Abate presented at the Credit Suisse Global Industrials Conference recently.
    • Mr. Abate had some interesting information regarding General Electric’s Power Generation Products division’s prospects for growth over the next 10 years.
    • In this article, I will cover the major highlights as I see them from the presentation and attempt to separate the wheat from the chaff for dividend growth investors.
  • Kinder Morgan: What Worries Me The Most
    Dec. 3, 2014 KMI, KMP 243 Comments

    Summary

    • The merger of the Kinder Morgan family of companies has been overwhelmingly approved.
    • The timing of the merger couldn't have been better. The good news from the merger offset the bad news of falling oil prices to some degree I suspect.
    • Although Kinder Morgan’s revenues are not direct correlated to the price of oil, I believe the company may have a bit more exposure than many perceive.
    • In this article I will lay out what I see as the potential negatives for the company going forward related to a sustained drop in oil prices and other exposures.
  • General Electric: Don't Be Fooled, The Sky Is Not Falling
    Nov. 30, 2014 GE 30 Comments

    Summary

    • News broke recently that the Fed plans to regulate General Electric’s finance arm as a major bank.
    • Some have suggested this is very bad news for General Electric. I beg to differ.
    • This may be the first some have heard about this development, yet General Electric has been preparing for this since 2008.
    • The plan to minimize the impact of the financial segment has been underway for years. In this article we will analyze the situation and separate the wheat from the chaff.
  • General Electric: Hold On Tight, A Perfect Storm Of Profits Lies Ahead
    Nov. 26, 2014 GE 62 Comments

    Summary

    • General Electric is constantly looking for ways to expand into new areas to create opportunities for future growth.
    • The latest initiative is General Electric’s wind-power business. General Electric plans to expand its wind-power business globally while providing services such as data analytics to improve turbine performance as well.
    • General Electric plans to have a wind turbine business presence in 35 or more countries next year, up from merely eight in 2003.
    • Considering the amount of positive news out recently, 2015 could be the year shareholders are justly rewarded. Nevertheless, there are downside risks.
  • Kinder Morgan: Is There A Multi-Billion Dollar Elephant In The Room?
    Nov. 25, 2014 KMI, KMP 65 Comments

    Summary

    • The Kinder Morgan merger transaction has been approved.
    • There has been much written about the positive synergies of the merger.
    • Nonetheless, the conceivably largest benefit from the merger has gone mostly unheralded. Furthermore, I believe this benefit is not currently priced in to the stock.
    • I submit this one major attribute of the merger is the primary driver behind Kinder's 10% dividend growth projections over the next 5 years.
  • Kinder Morgan: The Calm Before The Storm?
    Nov. 23, 2014 KMI 203 Comments

    Summary

    • Kinder Morgan shareholders and unitholders voted overwhelmingly to approve a merger of the Kinder Morgan family of companies.
    • Upon announcement of the news the company actually immediately sold off 3% rather than rallying.
    • This may be due to several issues regarding potential negative impacts such as MLP ETF and Fund rebalancing, merger arbitrage plays, and tax related sales due to the merger.
    • In this article we will identify these issues and determine if they are truly headwinds or not. We will also consider several positives that may not be priced in.
  • Kinder Morgan: Stock Nosedives, Time To Sell Out Or Buy With Both Hands?
    Nov. 20, 2014 KMI, KMP 165 Comments

    Summary

    • The Kinder Morgan merger was overwhelmingly approved by shareholders and unitholders alike.
    • Even so, the stock took a nose dive as soon as the news was announced. What gives?
    • In the following article we will attempt to make sense of the stock’s sell-off on the merger approval news and decide if this is actually a buying opportunity.
  • Bank Of America Has An Ace Up Its Sleeve
    Nov. 20, 2014 BAC 30 Comments

    Summary

    • Bank of America is well positioned to for considerable upside in 2015.
    • The bank seems to have finally put its litigation risk behind it. This has been well documented over the past month.
    • Even so, I believe Bank of America has another major catalyst on the horizon I haven’t seen covered in recent articles.
    • This “ace up its sleeve”, so to speak, could mean billions to the bottom line next year for Bank of America. The great news is the ace must be played.
  • Kinder Morgan: Is The Merger Actually Bad News For KMP Unitholders?
    Nov. 19, 2014 KMI, KMP 216 Comments

    Summary

    • Kinder Morgan is a day away from the announcement of one of the most important proxy votes in the company’s history.
    • November 20, 2014 is the deadline for shareholders and unitholders to vote on merging the Kinder family of companies.
    • The question remains - Is the merger really a good deal for KMP unitholders considering the tax consequences? Some say it is not.
  • General Electric: A Golden Total Return Opportunity Is Never Offered Twice
    Nov. 18, 2014 GE 33 Comments

    Summary

    • General Electric currently offers income investors a safe long-term investment. The company has a fortress balance sheet and strong cash flow.
    • The planned transformation of the company into an industrial powerhouse is expected to reward investors with capital gains and dividend growth. This makes the stock an excellent total return investment.
    • Furthermore, the stock appears undervalued on a relative basis and has several positive catalysts on the horizon. In the following article I will lay out my case.
  • Kinder Morgan: Another Domino Falls Into Place
    Nov. 16, 2014 KMI 88 Comments

    Summary

    • Kinder Morgan shares rallied Friday on positive developments reported.
    • As the company nears the all-important merger vote, positive momentum appears to be building.
    • The latest domino to fall into place was an important legal victory for the company. This is extremely important news for dividend investors with interest in Kinder Morgan.
  • Bank Of America: Is A Return To Glory In 2015 In The Cards?
    Nov. 16, 2014 BAC 41 Comments

    Summary

    • Bank of America has been clawing its way back from the brink since the 2008 crash.
    • The company cut the dividend drastically down from $0.64 in the 3rd quarter of 2008 to $0.01 by the 1st quarter of 2009.
    • With the bank apparently putting its legacy mortgage woes behind it and EPS expected to rise substantially in 2015, could Bank of America return to glory in 2015?
  • Kinder Morgan: The Stars Align As Merger Vote Looms
    Nov. 13, 2014 KMI, KMR 36 Comments

    Summary

    • Kinder Morgan had another huge coup related to the upcoming vote to merge the companies.
    • The merger vote is arguably the most important event in the company’s history. Kinder gave an update regarding the transaction at the Jeffries 2014 Energy Conference Wednesday.
    • The recent recommendation by two major advisory firms in favor of the merger is very positive news for shareholders. In the following article I will lay out my bull case.
  • Ford: A Dividend Growth Buying Opportunity Presents Itself
    Nov. 12, 2014 F 122 Comments

    Summary

    • Ford’s stock has tanked 17% over the last quarter, yet is up 2.47% for the month.
    • The stock appears to have found support at the $14 level. Furthermore, free cash flow over $3.8 billion and rising.
    • The sell off in the stock may have created an excellent dividend growth investment opportunity by driving the yield to over 3.5%.
  • Kinder Morgan: The Storm Before The Calm
    Nov. 11, 2014 KMI 17 Comments

    Summary

    • The company’s plan to expand the Trans Mountain pipeline has been hit with protests as of late. This is only the last in a long list of negative headlines.
    • The expansion is a $5.4 billion plan to increase capacity of the Northwestern oil pipeline to 890,000 barrels per day throughput.
    • Nonetheless, I expect the opposition to reach a fever pitch as the National Energy Board hearing draws near.
    • The following article provides a current status update on the Trans Mountain Expansion Project.
  • Bank Of America: Fasten Your Seat Belt And Prepare For Takeoff
    Nov. 11, 2014 BAC 15 Comments

    Summary

    • Bank Of America has panoply of positive catalysts on the horizon.
    • These catalysts combined with the bank putting its mortgage litigation woes behind it should spur the stock higher.
    • Even so, headwinds remain. Nevertheless, with the Republicans taking control of the Senate, is the worm finally about to turn?
  • Kinder Morgan: Just Cleared Major Hurdle On Way To Merger Vote
    Nov. 6, 2014 KMI 49 Comments

    Summary

    • A Delaware court has denied a preliminary injunction sought by plaintiffs who wanted to block the Nov. 20, 2014, vote on the proposals related to the merger of the companies.
    • This is great news for shareholders in my book due to the synergistic nature of the merger.
    • Although nothing is set in stone just yet, I see blue skies ahead for Kinder Morgan shareholders.
  • Nike: The 800-Pound Gorilla Just Broke Out
    Nov. 6, 2014 NKE 2 Comments

    Summary

    • Nike's stock has been on a tear over the past year, and just broke above the current trading range.
    • I see no reason for the rally halting anytime soon.
    • Constant product innovation and the ability to execute effectively has led to several positive fundamental results. The stock is a buy here.
  • Kinder Morgan: A Golden Dividend Growth Opportunity Is Never Offered Twice
    Nov. 6, 2014 KMI, KMP 57 Comments

    Summary

    • Kinder Morgan currently offers dividend investors a safe investment opportunity. The company has a fortress balance sheet and strong cash flow.
    • The planned consolidation of the companies is expected to reward investors with 8% dividend growth per share for the next five years.
    • Furthermore, the stock appears undervalued with several positive catalysts on the horizon. This bodes well for capital appreciation making it an excellent total return play.
  • General Electric: 2015 Industrial Internet Opportunity Looms Large
    Nov. 5, 2014 GE 15 Comments

    Summary

    • General Electric’s Industrial Internet program added $1 billion in incremental revenue in 2014.
    • General Electric believes the combination of networks and machines could add $10 to $15 trillion to Global GDP over the next 20 years.
    • The size of this opportunity is staggering for General Electric based on the size of its services business.
    • The news outlining this opportunity fell on deaf ears recently. This has created a major buying opportunity for dividend investors.
  • Kinder Morgan: On The Cusp Of A Major Breakout?
    Nov. 4, 2014 KMI 95 Comments

    Summary

    • Kinder Morgan has had a series of positive catalysts come to fruition recently.
    • Yet the stock has remained fairly subdued in light of these events.
    • On the eve of the mid-term elections, could the final piece of the puzzle soon be placed?
  • General Electric: Aviation Division Will Power Stock Higher
    Nov. 2, 2014 GE 48 Comments

    Summary

    • General Electric’s Aviation Division contributed greatly to the company’s earnings growth this past quarter.
    • The Aviation Division led the way with $6.8 billion in equipment orders and 3.3 billion in services in the third quarter.
    • There are no signs of the division slowing down anytime soon either with an 8% CAGR. The company continues to innovate creating new opportunities for growth.
  • Micron: Dead Money Walking Off A Cliff?
    Oct. 29, 2014 MU 80 Comments

    Summary

    • Micron’s stock is up 100% over the last 52 weeks.
    • Nevertheless, the stock has gone nowhere for the last three months.
    • Has Micron reached its zenith or is it poised to go higher?
  • General Electric: The Next Big Thing In Naval Warfare?
    Oct. 28, 2014 GE 14 Comments

    Summary

    • I have written a series of articles recently regarding General Electric’s focus on the future.
    • In this article I will discuss another gem I uncovered while researching the company further.
    • I believe this effort will support the company’s prospects for growth going forward.
    • Now may be just the time to buy for savvy dividend investors.
  • Will Ford's Huge Bet On All New Aluminum Body F150 Pay Off?
    Oct. 28, 2014 F 19 Comments

    Summary

    • Ford’s stock is down approximately 21% from its 52-week high reached a few months ago.
    • The stock took a nose dive after pre-announcing potential negative developments prior to earnings.
    • The stock fell another 5% after reporting earnings on October 24th.
    • Has the stock reached an inflection point? Is this a buying opportunity? These are the questions we will address in this article.
  • AT&T: Never Look A High-Yield Gift Horse In The Mouth
    Oct. 26, 2014 T 18 Comments

    Summary

    • AT&T missed earnings estimates and sold off on the news.
    • AT&T now expects full-year revenue to grow 3% to 4% year-over-year, down from prior guidance of 5%.
    • The sell-off has unwittingly increased the yield, thereby creating a buying opportunity in the stock.
  • Bank Of America: That Which Does Not Kill Us Makes Us Stronger
    Oct. 24, 2014 BAC 33 Comments

    Summary

    • Bank of America was nearly driven into bankruptcy by litigation expenses due to the 2008 housing debacle.
    • Nonetheless, the bank managed to survive and litigation risk is now clearly in the rear view mirror.
    • Ironically, an uptick in recent mortgage activity may be just the thing to propel Bank of America shares higher.
  • Kinder Morgan: Opportunity Lurks In Dangerous Places
    Oct. 23, 2014 KMI, KMP 18 Comments

    Summary

    • Kinder Morgan was sold off with the rest of oil industry stocks over the past few weeks.
    • It appears oil has bottomed and the entire sector is rallying after a steep sell off.
    • Nevertheless, with the recent tectonic shifts in the global oil and gas markets, is the deck stacked against Kinder’s success?
  • Bank Of America: On The Cusp Of A Major Break Out?
    Oct. 21, 2014 BAC 97 Comments

    Summary

    • Bank of America’s stock has been deluged by a significant number of headwinds over the past few months.
    • The major issue at hand was the overhang of litigation risk.
    • With litigation risk seemingly in the rear view mirror and a potential catalyst on the horizon, is it time to start a position?