J. A. Saglimbeni

Growth, long only, momentum
J. A. Saglimbeni
Growth, long only, momentum
Contributor since: 2011
wnb1929, there are so many great efficient funds from Vanguard that allow you to sleep at night, such as Wellesley---it still baffles me why so many investors try to find that great fund--when right in front of them is one of the best. Thanks for the comment...and sorry I was so late in responding.
Joe
Ah, but shame on you Bret and by the way even I made the mistake by letting Apple go....Happy New Year my friend!! Hope you are enjoying some SAM....
Joe
I usually don't trade between funds, these are low-cost funds--my advise would be to reach out to Vanguard and have them look at your overall picture.
Thanks for reply.
David, thanks for all your list, very important for any investor and a must!
Regards,
Joe
Very good stuff...James. As you may know, from talking to my cousin-I am long UNP and have been adding to my position. Just some fun facts for you: UNP has a total return of around 500% with dividends reinvested the last ten years. A $10,000 investment would have turned into over $58,000. Go back another 20 years and UNP would have a total return of over 1000%. Now that is what I cal a freight train of dollars!!
Regards,
Joe
threeleaves, if the case that they are marketing themselves too hard and fast and indeed customers become disinterested...then eventually this dissatisfaction will hit UA's bottom line and hopefully this will be spotted in declining sales and earnings and investors would be able to get out with less than horrible losses, but as investors we should know this risk....investing is never cut and dry. Currently the UA brand seems to still have strength and management is committed to its company...LULU on the other hand has a serious "PR" problem which history has shown can affect a company's shares for considerable time.
Regards,
Joe
Good advice Vern, but sometimes its not easy investing in a basket of Dividend Aristocrats when you only have $50 or $100, I think that a good start would be to build the investment up in a low-cost vehicle from a great company like Vanguard and then when the time is right (with some learning) invest in some of the great dividend greats.
regards,
Joe
In total agreement with you Phil....It is similar to when I was buying share of SBUX or MA and all the naysayers were saying that growth was not sustainable and P/E's were high....and my response to them was...I buy great businesses with great leadership....one has to wonder if LULU has this. Long the greats: SBUX, MA, UA, NKE, TROW, GWW, UNP, DIS, etc.
Regards,
Your Cousin
Sheldon, growth companies to me are usually doing double digits in both EPS and Sales growth, PEP is a good stock, but I doubt they can grow the 8% that analyst expect. In the dividend growth area, PEP has been increasing the rate in percentage terms less and less every year....something to watch.
Regards,
Joe
Sometimes a great brand comes by and trumps all the rest, SBUX continues to increase their dividend and will likely be a future dividend achiever, I have been long for several years and am now going to enjoy some great dividend growth as well as results that should easily beat the market.
Regards,
Joe
Good article, although PepsiCo is no longer a growth company it is a dividend raiser that has beaten the S&P 500 on an annual basis for the last ten years. I am long and believe that it will continue to be around the next ten years.
Regards,
Joe
Apple, since the beginning of Jan 2001 has performed better, but it is true it is difficult to find many stocks that have performed better (unless they are penny stocks).
Regards,
Joe
Thanks for the reply, Dave. I really do not find P/E a major tool for my investments, I have opened my eyes recently to the fact that "value" stocks are down for a reason and usually not a good one, when the overall market corrects I tend to stick to pristine balance sheets and stocks that are holding above their moving averages with strong fundamental, stories, sales, leadership, and dividend apprection (not yield). I understand that many people just want to collect a nice yield that is growing, but I constently watch my portfolio and feel that I have quality pieces of great businesses that will pay me in both capital apprecaiton and dividend growth....if I need income I will simply sell my shares (IRA of course). I think that it is true that investors have to pay up for quality. Just my two cents (which is probably overvalued...lol).
Regards,
Joe
Good stuff as usual David, but I tend to own dividend growth stocks that are growing earnings and revenues consisitently, which many of these selections are not. It is a fine list for "value" type investors, but in my opinion investors should look for quality business that are growing in every sense of the word. P/E is really just another tool, but certainly not one that I use as the number one measure. I am long NKE, GWW, UNP, TROW, SBUX, MA, COST, TROW, and DIS and they are mostly so called "overvalued". I think its time to invest in businesses, especially ones growing....
Regards,
Joe
Great analysis, They have also been supporting dividend growth as of late. I am long $LAD.
Joe
Great work on the article, although I am a dividend growth investor in my IRA, I can understand that many investors just can't or won't examine individual stocks like many of us Seeking Alphas, so I usually recommend index or low-cost funds (with low turnover) from the great Vanguard such as VDIGX, VDAIX, VHDYX...they pay dividends and (mostly) invest in dividend raisers. I am personally long dividend greats $MA, $SBUX, $GWW, $TROW, $NKE, $UNP, $PKG, $DIS, and $COST.
Regards,
Joe
Philip, the chart continues to tell a good story for PRLB, whether this will continue going forward depends on growth, but until there is a breakdown below the moving averages on heavy volume, I will continue to hold my small position.
Your Cuz,
Joe
Good job, Phil and as you know I am long LAD using options.
Your Cousin,
Joe
Philip, even the great ones make mistakes. Not every Saglimbeni can be perfect....lol.
Well, I guess I was wrong about FB, but I am still glad I got out at around $35, still don't think this is a good long term holding. Time will tell.
Joe
Exactly on the money with ROST. DGM---this company would be missed by many DGI investors because it lacks "yield", but it is right up my alley. Good job.
Regards,
Joe
Chowder, I can understand what you are thinking, but being that most of the time PEP will perform similar to KO and V with T, I'd rather find an idustry or sector or powerhouse to replace the "twins", for example if I have GWW then I will not own FAST, and if I have SBUX then I will not own DNKN. Of course this is just the way I invest, many times DGI investors disagree with my way of investing, but that is OK, because in the end for me it begins with quality in earnings and revenues and hopefully (so far so good) these will lead to superior investments. Good luck as always.
Regards,
Joe
Low Payout ratios (for me below 50%), reasonable debt levels, brand recognition and strength (Moat)....this can be difficult and must be monitored...great examples of moats dissapearing are Kodak, Research in Motion, and Sony. I begin by looking at the busines or company first and then I look at dividend growth and such. Hope this helps.
Joe
Good job with the portfolio, though I would have less actual holdings and I would try to stay away from having more than one sector represented. If you have MSFT, then there may be no need for INTC for example. DGM, I would recommend you put a little growth in there such as MA, V, SBUX, unless you are just sticking to multi-year dividend growers (more than 5 years). Rember there are many companies that are just beginning their dividend streams....
Reagards,
Joe
Earnings right around the corner, all-time highs on impressive volume, let us see whether there is still room to go. I am long PKG.
Joe
Philip, Dunkin' Brands is a strong brand name and although I am long SBUX, I have on occasion considered purchasing shares, simple for the fact that it is a well known brand and it is the coffee space which I think has some barriers to entry. Starbucks is my favorite, but I could easily understand investors dipping their dollars in DNKN.
Your Mentor,
Joe
You know Phil, I would consider Carter's on the level of VF Corporation and now with the addition a paying a dividend, I can't see why this would not be a future dividend growth great. Nice job-as usual. I have taught you well....lol.
Your Cuz,
Joe
Scott, in total agreement. Long GOOG.
Regards,
Joe
Tom, is that a question, or are you agreeing with me? If it is a question, than the charts and volume are telling us the stock is broken. Fundamentally the company has too big of a market cap for its revenues and I think that the only "real" way to make strong revenues is charging their members and if that happens many would leave (I know I certainly would), unlike many large companies that may have little earnings, but good revenue (AMZN is a good example), they do not have a sustainable barrier to entry, simply for the fact that once they charge their "customers" that will be the end of the revenue growth story. Tom, there is just nothing here, why not move to real sales generators such as GOOG or even non techs like V and MA or dare I say it maybe even AMZN. Good stuff anyhow, Tom
Regards,
Joe
Integrator, BP may be quality, but at the time, as I am sure you know, would have been a move on investing in news rather than waiting or moving on to something less controversial. I have made the same types of mistakes, but now I try to focus on a strategy and let the noise be what it is...noise. There is so much quality out there that there is no reason to take a chance.
Regards,
Joe
The main staring point with any investing including DGI investing is whether or not the company is quality, I would argue that buying into BP because of the disaster in not investing into quality, it is "trading" on the news, what one could have done is invested in another oil company that was down on the BP news instead. As for the banks, this one is indeed a tough one, but since the news was all over the place that banks were in trouble, why even consider it, but it you did want to consider it, why not invest (during this turmoil) into something like TD (which was not really involved in all the crap). These are the things we invenstors must pay attention.
Joe
Nothing here at all, FB is a broken stock, no moat, no earnings growth, too big of a Market Cap, and institutions don't want it. Move on to quality...