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How did you get to that number?

@tradingfundamentals Take the P/E of Bitcoin and divide it by infinity

I hadn't heard of that but I'll check it out👍

All in into defence stocks

@@WizeIce1 Haha I like the enthusiasm! I wonder if the news will materialize into profits or if Novo will keep banking on their already popular drugs. Lilly is greatly priced or Novo?

I know you just get to sit back while shares diminish and price grows! I love to see some math like that. I have a watchlist focused on share reduction. Do you know any other companies with a similar practice?

I hope it does! Why do you think that?

Catalant deal to secure 3 sites is going to pass in the United States and the results of the new weight loss drug called cagrisema will be out which is suppose to be even better than Eli Lilly mounjaro.

Thanks for the observation. Simply Safe Dividends shows their values in the company's domestic currency (for all the foreign companies I've seen). Seeking Alpha and many others convert their values to USD.

@@tradingfundamentals So the earning per share is USD 21 and the price is USD 105?

@@IsmailHamadFCCA The EPS from SSD is in Danish Krone, the price for NVO is USD.

Glad you liked it. Sub 110$ seems fair. I could see it coming back down to around 100$.

@ yessir. A lot of heavy resistance around 94 to low 100s. I would like to accumulate 100 shares in that area if possible.

@@fitbh703 I like that buying area as well. That's a sizable chunk of shares, I hope it turns into a big gain!

I haven’t done a deep dive on LLY so I like NVO better partly for that reason. Otherwise, NVO is trading at lower forward and trailing PE, they have a much higher recent EPS growth streak (last three years), NVO’s payout ratio based on EPS and FCF is more consistent, NVO also has far less debt compared to cash and TTM net income than LLY. Technically, NVO is further below the average price over 5 years, while LLY is roughly at the average price.

@tradingfundamentals thanks that helps

Thank you for the support!

Thank you for watching!

Thanks for sharing your investment strategy as an Australian, I appreciate the insight. Both VGS and VAS have underperformed VOO (S&P 500) over 10 years in terms of total return as of today (VOO - 13.6%, VGS - 12.8% and VAS - 8.9% (CAGR)). Who knows if that will continue, after all the S&P 500 is richly valued while VAS is not. With VGS you basically own the S&P 500 anyway. I'm glad your investments are working out for you and that you're diversified. Franking credits seem like a sweet deal as well as a government strategy to incentivize domestic investment.

@@tradingfundamentals there is an ETF that essentially does this split and rebalances - DHHF.

@@tradingfundamentals also - Australian shares generally go in cycles. The main difference is that Australian companies don’t have the competition that is seen in the US - fighting for market share, reinvesting into the company will lead to share price growth, where as Australian companies are money printing machines and if dividends are reinvested, growth comes from the number of shares held and not the share price. If you have the performance of VOO from 198O to 2023 then we can compare the performance.

@@Yakitoriotaku I don't think the top companies of the S&P 500 have much competition, which is reflected by their current size, but I understand your thinking. Investing for share price growth as opposed to investing for dividends has its own set of risks. Especially considering current S&P 500 valuation. Knowing your investment strategy and objective is important too. The DRIP calculator I use only goes back to 1995 but the total return (includes dividend reinvestment) of the first S&P 500 index fund (VIFINX) since 1976 is 11.5%, annualized.

Thank you! It looks like you got in at a pretty solid time. What makes you feel insecure about buying more?

Glad you found value in the video! I haven't looked at those currencies but the increasing relative value is a good point to consider. It makes me think of the benefit of multi currency diversification.

I'm impressed by their dividend growth and consistency too. Finding value in CVX makes sense here given the lack of value in the market but I just can't get myself to buy it while earnings are good. I also think I'd rather go for MLPX instead. Are you seeing this as a buying point or are you waiting for a cyclical downturn?

Thanks for sharing!

That makes sense, I think investors are buying Chevron for the dividend and CEOs like to confirm investor interests. How safe do you think their dividend will be over the next 10 years?

@@tradingfundamentals Very safe. 36 consecutive years of growing its dividend and 112 consecutive years of never cutting its dividend.

@@oppenheim2 That's fair they do have quite the track record and they sell essential products.

I think that's smart to buy during a cyclical downturn. It sounds like you have patience on your side. Priceless.

Yeah, the video is a bit old. I was looking at HSY when they were at recent lows.

If you were to watch the video you could see some of the fundamental risks.

I'm glad to see you watched this one too! Thank you!

Thank you for watching and sharing your appreciation!

I think the market really values growth right now. Maybe that's part of it.

I think they are a Blue Chip stock too. I'm sure they'll keep selling medical devices for decades to come. The resting easy component of investing is so important! This video is a bit old by the way.

Thank you! That comment made my day. Hopefully one day the TH-cam algorithm and audience agrees with you!

Thank you! Glad you found it informative.

Haha what do I do if I am?

@@tradingfundamentals I suppose one would not be check the box lol 😆

@@HeWhoRoamsAimlessly Lol I'm locked behind the Captcha wall

I hope the trade goes well!

For sure my friend, got 200 shares will keep buying until 60

@@React2022-u7l 60$ seems like it will be the floor for NKE. I hope your investment pays off!

Way to take action at the lows when skepticism is high!

@@tradingfundamentals yes sir

Haha sounds like you're a proud owner! I just bought TD too🎉

13 P/E compared to other banks does not seem particularly cheap? 1.18 P/B is fair value. Would like to see it below book.

It depends where you mark your points in time.

@@Pizza-gb1ch You're right it's not super cheap compared to other Canadian banks but it is still trading at a discount compared to XFN (Canadian Financials ETF) and the S&P (oddly enough the ETF with the most AUM in Canada is an S&P ETF). I'm not a big fan of price to book but I like that you have found a valuation metric that works for you and that you have a buy point based on that.

I think BROS would be interesting too. That is a good business model, it reminds me of Domino's. They are stellar.

I probably won't cover JACK since their total liabilities are just so high compared to their TTM net income. Chipotle would be interesting though! I'm glad you feel good about MCD. Franchised businesses are like one way valves for shareholders and it looks like you caught the recent low.

@@tradingfundamentalsyea I hope I caught a near low at 259 with MCD. Thanks for the heads up on JACK liabilities. Makes sense why their valuation is so low when based off market cap. It’s not as good when Enterprise Value is used

I'm glad you feel good about your buying point! I wonder if HD will hold the price level it's at. Solid long term buy either way.

Going to start getting into Lowe’s once it drops this October

Mondelez is a solid company! I compared Mondelez to Nestle in my Nestle stock analysis video.

Wow, my quick google search failed me. Thanks for letting me know! At least they are still quite different businesses. Thank you for watching!

Technically, u were right. Sephora is not publicly traded. And your point was well taken; it would be beyond the scope of this brief vid to compare Sephora's data.

@@Pizza-gb1ch Thanks for your thoughts. I've found a lot of companies like that, where they are never quite a true side by side comparison. Like Pepsi and Coke for example, being that Pepsi is primarily a food company based on revenue (last time I checked their 10 k).

Thank you for the compliment, it means a lot! It sounds like you've done your research👏

True, they do sell some of the same products but the market cap of DE is 109 billion while AGCO is 8 billion so by scale I think they're incomparable.

Thanks for watching! Hopefully your brother is a handsome man if he looks like me. More breakdowns to come