The past 5 years have been truly crazy. A pandemic, a giant stimulus, 20 year high inflation, now record high speed interest rate hikes. I'm in in for the long run. Glad to have others to share the experience with.
I always learn from you. What a great channel. Your cool temperament is so very good here in TH-cam where everyone else is turning anything into a drama, it's so very nice to learn from you about how to simplify things and reduce that drama.
I work as auto claims adjuster and one of our KPIs is how many totaled vehicles we send to Copart! We get bonuses for whoever sends the most vehicles to Copart because of how much money we save using them. They provide a Win Win partnership for ins companies.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k .
Sure, the investment-advisor that guides me is "VALERIE JEAN ZWOSTA" she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.
I can honestly say I look forward to your videos the most out of all the big stock channels. You have great clarity and insight and are obviously not focusing on short term news (‘fear’) and instead focus on the cold hard facts.
I think Visa is fairly priced, even though it's near its all-time high. This is a company that has doubled its FCF within 2.5 years, rarely trades under 30x P/E, and still has a huge runway for growth.
Came here to say the same. I live in Germany and still there are a lot of shops and restaurants where we are unable to use Visa or Mastercard to purchase things. Even in highly developed markets, there is still room for these great businesses to continue to expand.
@@moatsandmonopolies We just came out of the crazy 2021 where every company made money. You can't project forward based on doubling FCF last 2.5 years. It was an anomaly.
@@meNtor890 Anomalous, huh. Okay then let's take the TTM FCF of June 2016, which is $4.336B, compare it with today, which is $18.655B. That's a 330% increase in 7 years, or 23.18% compound annual growth rate. Find me another company that has that growth rate under 30x P/E and I'll buy that one instead.
@@moatsandmonopolies But these shops are getting fewer and fewer. I am actively avoiding shops that don't offer non-cash payment. Not only is it inconvenient, it forces me to get cash at ATM which are now charging a fee AND it offers the show-owner an opportunity to dodge taxes. I don't want to support that.
Bitcoin's recent aggressive rally to fresh highs above $27k has stirred significant interest in the financial investment community. The surge is speculated to possibly be the beginning of a massive new uptrend, making it a crucial time for investors to pay attention, I've personally benefited from following Kerrie Farrell trading tactics, amassing 23 bitcoins in a short seven weeks period, which speaks volumes about her expertise...
I'm glad you finally talked about Copart. Something you forgot to mention was Copart was inflation resistant because they take a percentage of the vehicles sale price when they sell it. If car prices go up so does Copart's revenue. They also do vehicle storage. Sometimes insurance companies find themselves in litigation holds over car accidents pending lawsuits. They will pay Copart to store the car for them until the case is resolved. They literally make money for parking a car on a plot of land doing nothing for months sometimes even as long as a few years before finally selling it. Their only real competitor is IAA.
Joseph, what about $EL and $PEP? You owned them in the last year and always said that are good companies but now you even don't have it on your watch list. Why?
If at all possible, it'll be great to hear your deeper thoughts on ULTA and PYPL, both because they are in your "deep value" territory, also because these are names promoted by lots of other TH-camrs, it'll be nice to hear your take on them. Thanks!
If visa/ master-card are so good with their ROCE, why don’t you concentrate positions in them. Seeing as they are the best way to make $1 turn into $1.50
Your dip finder might break if you looked at the new 52 week lows. Pretty shocking. Any update on EL? FL, DG, VFC, PFE, MMM, AMT, WPC, TGT, T, XBI. These all pass the "buy low" metric by a wide margin....
Thanks for another great video. Just a question about 200 day sma as a way to find under priced stocks. How did you settle on this method to find under valued stocks?
I'm interested in your valuation ideas. You say it's okay to buy expensive looking companies, for ROCE reasons. The return will be high anyway if it's a great compounder. But getting a company at a 20 % lower price always leads to 20 % higher return, that's also math. Do you just ignore that and say you don't have a chrystal ball? I'm like you, I like to be fully invested. Maybe buying "expensive" companies is an excuse to get be fully invested? Being more frugal with where we put our money, (dips, 30 PE instead of 50 PE) should lead to better returns, don't you agree?
Interesting discussion of ROCE. To make it more realistic how about including net debt in the denominator, i.e., as part of capital employed. If you did that, DMZ would have a much lower return on capital employed.
I’ve only been following you for about a month but this is probably my favorite video so far. Really appreciate you breaking down the metrics you are looking for and how you narrow down the list. Loving Qualtrim as well!
Hey Joseph, have you added to your current positions during this market sell off? Would be great to see in your videos mentions of what you bought or if you didnt buy and your decisions is to keep holding.
The focus on ROCE might be a little too narrow, even though it's a very good metric. I put together a spreadsheet of large cap compounders over the last decade, and PE's seem to range from the low teens to the 50's. I feel like I am picking up some solid compounders at low PE's with ELV, HUM, CI and SCHW. I was curious about ROCE for ELV, so I checked it out, and it's decent, but not in the ballpark of MA. The PE for ELV is below 20, while the PE for MA is near 40. So, I looked at a favorite metric of mine, which is growth in EPS over time. What I see is the 2 companies share similar growth rates in EPS. The moral of the story here is that there are numerous compounders with lower PE's, but they do use more capital to grow EPS. The bottom line is that they still compound, so ROCE is not the end-all, while it is still a valuable metric. I also think UNH, LMT and AMP are worthy of consideration as low PE compounders.
Also, I want to compliment Joseph for the videos. I have watched a handful, and he has reinforced my latest change to stop trying to get a few puffs off a cigar butt (Buffett's saying). I appreciate his work, as well as a few new tickers he presented, such as TXRH, CMG and CPRT.
How do you think about following topics 1. How much % in cash should you hold in your portfolio? 2. If you are waiting for a dip to buy a stock, and waiting for several years, couldn't one argue that it was better to buy it day 1 even though it was expensive?
Hey, Two questions/suggestions: Do you have a status for each company and the ability to sort according to whether you own the stock or not? And can you enter a buy price and measure against it with notifications?
He has made multiple videos on his portfolio 😂😂😂. Investor’s unable to do detailed stock research might be better served by DCA into an broad market index (ETF). Remember even professional money managers underperform the S&P 500 over a decade. Just my 2cents. Good luck
FYI- looks like there is a bug on the dominos ROCE page - there were two columns for 2017 with different numbers. Might be fixed already but just wanted to point it out.
I bought AVGO around $350 so it may not make your cut now but if they split they may be something to keep track of. MPWR is also on my watchlist but their SBCI is kind of high.
hi joseph thanks for sharing this amazing watchlist! perhaps it will be helpful to add one more to the list which is no longer on the list so we as subscriber know which stock is better to avoid!
Just discovered your channel. You say a lot of the same things I've been saying for awhile to an uncanny degree but much more well spoken. Earned yourself a sub, especially after turning me on to ANET. I would suggest you take a look at ECL, SDGR, SAP, and IONQ. You're basically already invested in the rest of my portfolio
I am buying PYPL and ULTA aggressively at the moment. Aside from 200avg, being neir important supports could be a factor you may want to consider... Many thanks, this week might be the bottom. As Jeremy would say, waiting too long (for the stock to drop to your target price) is also greed!
Hi Joe really good video, very interested in buying into Monster and Copart at right price, have you looked into Constellation Software, Novo Nordisk, Evolution gaming or Equinor all companies meeting these standars? Br Anders
ADP, PAYX, PAYC, CTAS, IT, AZO, UNH, BLK, AMAT, LRCX, ENPH, ISRG, TSLA - i think there are some of the good companies, who also deserve to be on the watchlist! as buying points, i select the 50 ema on Monthly charts, and add on under 200! (with few exception, who rarely fall to 50, so i buy them under 20 ema + undervalued PE 20%+ in relation with the last 5y average)
Joe, I would love to see a video analysis of PHM Pulte Group. It seems to be trading cheaper now relative to revenue than it was back with the share price being sub 50 dollars
You are not understanding the cost of capital. The cost of capital is a theoretical margin. You decide the cost of capital. It’s the same as your hurdle rate. It is NOT the company’s actual cost of capital (debt, equity, etc.). Costco does not have a 12% cost of capital-and certainly NOT an actual 12% cost of capital.
I was going to send you old dominion to look@.excellent company. I personally grabbed some around $310.00.i have fair value @$335.00.i would be curious as to your fair value estimate. u have excellent fundamental analysis. thx Joseph. ✌️
This is a sales masterclass - demonstrating his product's features & benefits, making me want to buy in, without trying to sell me. Thanks Joseph
CNI is Canadian National Railway, CP's competitor. Both top-tier IMO.
Yes. Both are quality businesses. Also being Duopolies & having Big MOATs (Buffett criteria)
Joe, I been through so many market drops with you. I’m excited to ride along for another one.
@@BusterDarcy ??????????????????????????????????????????????????????????????????????????
@@BusterDarcy The SP500 dropped twice but stocks are way more volatile and the more you have the more drops you get.
Well hop on his lap and you two enjoy yourselves
The past 5 years have been truly crazy. A pandemic, a giant stimulus, 20 year high inflation, now record high speed interest rate hikes.
I'm in in for the long run. Glad to have others to share the experience with.
I always learn from you. What a great channel. Your cool temperament is so very good here in TH-cam where everyone else is turning anything into a drama, it's so very nice to learn from you about how to simplify things and reduce that drama.
couldn't agree more.
True that
I work as auto claims adjuster and one of our KPIs is how many totaled vehicles we send to Copart! We get bonuses for whoever sends the most vehicles to Copart because of how much money we save using them. They provide a Win Win partnership for ins companies.
Very cool to hear.
Copart owns the rails!
Peter Lynch said use your natural advantage. You know the business! Invest, invest!
If you don’t send the car to copart where do you send it?
how do you save momey by sending totaled vehichels to them?
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement of about $150k. I want to know: Do I keep contributing to my portfolio in these unstable markets, or do I look into alternative sectors?
I enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over $300k .
Please can you leave the info of your investment advisor here? I’m in dire need for one.
Sure, the investment-advisor that guides me is "VALERIE JEAN ZWOSTA" she popular and has quite a following, so it shouldn't be a hassle to find her, just search her
Thanks, I merely looked her up on Google and was highly impressed by her credentials; I got in touch with her because I need all the help I can get. I just set up phone call.
Do a video on LVMH
I can honestly say I look forward to your videos the most out of all the big stock channels. You have great clarity and insight and are obviously not focusing on short term news (‘fear’) and instead focus on the cold hard facts.
agree, clarity, insight and long-term focused.
I think Visa is fairly priced, even though it's near its all-time high. This is a company that has doubled its FCF within 2.5 years, rarely trades under 30x P/E, and still has a huge runway for growth.
Came here to say the same. I live in Germany and still there are a lot of shops and restaurants where we are unable to use Visa or Mastercard to purchase things. Even in highly developed markets, there is still room for these great businesses to continue to expand.
Yeah I agree! They are also probably a better buy right now than MA
@@moatsandmonopolies We just came out of the crazy 2021 where every company made money. You can't project forward based on doubling FCF last 2.5 years. It was an anomaly.
@@meNtor890 Anomalous, huh. Okay then let's take the TTM FCF of June 2016, which is $4.336B, compare it with today, which is $18.655B. That's a 330% increase in 7 years, or 23.18% compound annual growth rate. Find me another company that has that growth rate under 30x P/E and I'll buy that one instead.
@@moatsandmonopolies But these shops are getting fewer and fewer. I am actively avoiding shops that don't offer non-cash payment. Not only is it inconvenient, it forces me to get cash at ATM which are now charging a fee AND it offers the show-owner an opportunity to dodge taxes. I don't want to support that.
Bitcoin's recent aggressive rally to fresh highs above $27k has stirred significant interest in the financial investment community. The surge is speculated to possibly be the beginning of a massive new uptrend, making it a crucial time for investors to pay attention, I've personally benefited from following Kerrie Farrell trading tactics, amassing 23 bitcoins in a short seven weeks period, which speaks volumes about her expertise...
I just looked up her name on Google and saw her impressive result. I consider myself lucky to have found this comment..
Hi, Does qualtrim
also work for european stocks ?
More interesting than ULTA, you could consider LVMH as well
Yessir
I'm glad you finally talked about Copart. Something you forgot to mention was Copart was inflation resistant because they take a percentage of the vehicles sale price when they sell it. If car prices go up so does Copart's revenue. They also do vehicle storage. Sometimes insurance companies find themselves in litigation holds over car accidents pending lawsuits. They will pay Copart to store the car for them until the case is resolved. They literally make money for parking a car on a plot of land doing nothing for months sometimes even as long as a few years before finally selling it. Their only real competitor is IAA.
whats IAA?
It's the name of the only other business I know of that competes with with Copart on a similar scale. @@roveirdatu3851
Joseph, what about $EL and $PEP? You owned them in the last year and always said that are good companies but now you even don't have it on your watch list.
Why?
If at all possible, it'll be great to hear your deeper thoughts on ULTA and PYPL, both because they are in your "deep value" territory, also because these are names promoted by lots of other TH-camrs, it'll be nice to hear your take on them. Thanks!
I believe Ulta is at a nice entry point right now. QoQ and Comp Sales remain strong and don't justify the recent weakness in my opinion.
@@thefinanceflashThank you my friend for taking the time to reply to me!
@@sagig72 no worries mate! Hope it helped?
If visa/ master-card are so good with their ROCE, why don’t you concentrate positions in them. Seeing as they are the best way to make $1 turn into $1.50
seems like it's so hard to get in. they are normally priced at a premium.
I’m almost 100% VTI. Yet I watch these types of videos for some reason.
This video feels like a 25 minute commercial for qualtrom
Can you add TSCO. Tractor supply seems to me to be on a small dip, but they have been growing their income year over year as well as their dividend.
Many companies with low/no debt punish their shareholders with share dilution.
Example?
@@kt7187 PLTR until recently
Pltr
I meant the companies on that watchlist. Certainly not the case with CPRT
That’s like saying, “Lots of people die every year.” Literally meaningless.
Awesome video Joseph! How do you determine the cost of capital?
I'm liking the look of Copart's fundamentals. Thanks for pointing that one out, Joseph.
I'm surprised you dont have AVGO on your watch list.
Your dip finder might break if you looked at the new 52 week lows. Pretty shocking.
Any update on EL? FL, DG, VFC, PFE, MMM, AMT, WPC, TGT, T, XBI. These all pass the "buy low" metric by a wide margin....
One of the best Joseph has produced on either channel IMO. Pretty awesome to see.
Rollins is another one that belongs on your watchlist
Thanks for another great video. Just a question about 200 day sma as a way to find under priced stocks. How did you settle on this method to find under valued stocks?
What are your thoughts on RCI Hospitality holdings ticker 'Rick'
Small cap with unique capital allocation strategy
Joseph; Keep up the good work. Very detailed video.
Thoughts on EL, NKE, TGT, MDT?
Any way to get Qualtrim in Europe? Thanks!!!
any thoughts on FTNT
I'm interested in your valuation ideas. You say it's okay to buy expensive looking companies, for ROCE reasons. The return will be high anyway if it's a great compounder. But getting a company at a 20 % lower price always leads to 20 % higher return, that's also math. Do you just ignore that and say you don't have a chrystal ball? I'm like you, I like to be fully invested. Maybe buying "expensive" companies is an excuse to get be fully invested? Being more frugal with where we put our money, (dips, 30 PE instead of 50 PE) should lead to better returns, don't you agree?
After 30 years of fine compounding you would have 20 % more!
Kindly put up latest watchlist
SNA, CASY and MTD deserve a closer look, perhaps inclusion to the global watch (research) list
Interesting discussion of ROCE. To make it more realistic how about including net debt in the denominator, i.e., as part of capital employed. If you did that, DMZ would have a much lower return on capital employed.
What are your thoughts on Dollar General?
You should add Aflac Ticker AFL. It has been the best stock for me over the years.
I’ve only been following you for about a month but this is probably my favorite video so far. Really appreciate you breaking down the metrics you are looking for and how you narrow down the list.
Loving Qualtrim as well!
I would like to recommend CAT and IBM for your list. Thank you in advance.
what about nike on the watchlist ?
Hey Joseph, have you added to your current positions during this market sell off? Would be great to see in your videos mentions of what you bought or if you didnt buy and your decisions is to keep holding.
The focus on ROCE might be a little too narrow, even though it's a very good metric. I put together a spreadsheet of large cap compounders over the last decade, and PE's seem to range from the low teens to the 50's. I feel like I am picking up some solid compounders at low PE's with ELV, HUM, CI and SCHW. I was curious about ROCE for ELV, so I checked it out, and it's decent, but not in the ballpark of MA. The PE for ELV is below 20, while the PE for MA is near 40. So, I looked at a favorite metric of mine, which is growth in EPS over time. What I see is the 2 companies share similar growth rates in EPS. The moral of the story here is that there are numerous compounders with lower PE's, but they do use more capital to grow EPS. The bottom line is that they still compound, so ROCE is not the end-all, while it is still a valuable metric. I also think UNH, LMT and AMP are worthy of consideration as low PE compounders.
Also, I want to compliment Joseph for the videos. I have watched a handful, and he has reinforced my latest change to stop trying to get a few puffs off a cigar butt (Buffett's saying). I appreciate his work, as well as a few new tickers he presented, such as TXRH, CMG and CPRT.
How do you think about following topics
1. How much % in cash should you hold in your portfolio?
2. If you are waiting for a dip to buy a stock, and waiting for several years, couldn't one argue that it was better to buy it day 1 even though it was expensive?
Would you kindly include these companies in your next video's analysis: GNRC, DOCU, PAYC. Thank you
Thoughts on LVMUY?
Hey,
Two questions/suggestions:
Do you have a status for each company and the ability to sort according to whether you own the stock or not?
And can you enter a buy price and measure against it with notifications?
He has made multiple videos on his portfolio 😂😂😂. Investor’s unable to do detailed stock research might be better served by DCA into an broad market index (ETF). Remember even professional money managers underperform the S&P 500 over a decade.
Just my 2cents. Good luck
I like the American flag in your background, it's aesthetic as hell.
Union Pacific could be good if it goes down more.
Im also looking at Reliance Steel if it goes down.
Your methods are working. Good analytical person. Thank you for sharing your assesments.
Spotted ASML on the list. Amazing one of a kind, wide moat company with great ROCE & gross margins at a considerable discount to fair value.
It's a lovely monopoly.
Nice. A deep-dive on ANET would be amazing.
FYI- looks like there is a bug on the dominos ROCE page - there were two columns for 2017 with different numbers. Might be fixed already but just wanted to point it out.
I bought AVGO around $350 so it may not make your cut now but if they split they may be something to keep track of. MPWR is also on my watchlist but their SBCI is kind of high.
Will you consider buying more shares of Nike on the dip?
Really appreciate your analysis
Can you please share your views on super micro computer and kellogs
hi joseph thanks for sharing this amazing watchlist! perhaps it will be helpful to add one more to the list which is no longer on the list so we as subscriber know which stock is better to avoid!
This is something I've been wanting to see for a while!
Do you think Cisco could be an Adobe as they are moving more towards a recurring revenue model? Revenue growth, etc.
everything i think of CSCO, I always think it's best to just get it on one of the ETFs.
@@roveirdatu3851 that’s smart. I hold SCHD it it often makes it in the top 10
What's your opinion about GGG (Graco)?..Thanks for good quality content .
What's your opinion Joseph on TPL. I like it, but I'm waiting for it to come back down into the 3 figures range before I pull the trigger.
Im not upset in the slightest.
Joe, can I invest in your company? Your free cash flow must be amazing! And you have good advertising acumen. 😎
I like this watchlist stuff. Great insight!
Watch list w the group brainstorming is a great idea!
Can you review ADYEY and HIMS
Thank you.
Just discovered your channel. You say a lot of the same things I've been saying for awhile to an uncanny degree but much more well spoken. Earned yourself a sub, especially after turning me on to ANET. I would suggest you take a look at ECL, SDGR, SAP, and IONQ. You're basically already invested in the rest of my portfolio
What about ACN for high return low debt watchlist?
I guess we'll know at the first one you buy off the watch list. But how about numbering at least your first five off watch List. Thanks
What do you think about Monster Corporation?
Could you do a analysis of ADP?
I there a mobile app for Qualtrim? Also does Qualtrim collect data on any stocks? Or it only contain what data you have collected?
Joseph, what are your thoughts on Dollar General?
How much is the cost of subscription to Qualtrum? I'm really into it right now. I'm from Portugal so I want to now if I can budget it in
I am buying PYPL and ULTA aggressively at the moment. Aside from 200avg, being neir important supports could be a factor you may want to consider...
Many thanks, this week might be the bottom. As Jeremy would say, waiting too long (for the stock to drop to your target price) is also greed!
PYPL has a lot of work to do. any thoughts on the CEO and his ability to lead?
PayPal is gonna burn ya
Can you take a look at RMD and PANW
Hi Joe really good video, very interested in buying into Monster and Copart at right price, have you looked into Constellation Software, Novo Nordisk, Evolution gaming or Equinor all companies meeting these standars? Br Anders
Thoughts on inmode and enphase energy?
CSU and TOI?
Would love your take on CROX
Copart price to sales of 10plus doesn't qualify it as a value investment even tho its quality company IMO.
Net margins are 30% though. I don't think Joseph is a value guy though... he's more about GARP.
@@GrindThisGame Feels like he changed his view on investing, which honestly is working better for him than before so more power to him.
ADP, PAYX, PAYC, CTAS, IT, AZO, UNH, BLK, AMAT, LRCX, ENPH, ISRG, TSLA - i think there are some of the good companies, who also deserve to be on the watchlist!
as buying points, i select the 50 ema on Monthly charts, and add on under 200! (with few exception, who rarely fall to 50, so i buy them under 20 ema + undervalued PE 20%+ in relation with the last 5y average)
what's about Home Depot HD ?
Very good and informative video!
🇸🇪
Tjena
why do you not track MSCI Inc. ??
You should take a look at stla's balance sheet joseph
I think I’m sold on Qualtrim.. great video!
Dominoes don't have a monopolistic business, either.
Joe, I would love to see a video analysis of PHM Pulte Group. It seems to be trading cheaper now relative to revenue than it was back with the share price being sub 50 dollars
Do an alternate universe video where your twin invests in ETF’s… which ones would he pick and how many ? Bet that would get helluva lot of views
Would he be called Carl Joeson?
You're my rock man, no homo.
But honestly, you've spelled out what I've been thinking the last few days in the first seconds of the video.
Hey Joe, I’m gonna give Qualtrim a try! Is there a trial? I’m going to do it either way, just curious :)
One of the best videos I have watched. Thank you
The debt were deacreasing by the stock split maybe CPRT.
Can you look at conagra brands. They hey dropped over 20%
Man this is right on time, I haven’t been watching the market for the past month or so and came back to buy / potential buy season
Btw is this studio in the basement of your house?
As you can see, WAVD signed an important contract yesterday, could it make a spike above the dollar today? $1
You are not understanding the cost of capital. The cost of capital is a theoretical margin. You decide the cost of capital. It’s the same as your hurdle rate. It is NOT the company’s actual cost of capital (debt, equity, etc.).
Costco does not have a 12% cost of capital-and certainly NOT an actual 12% cost of capital.
I was going to send you old dominion to look@.excellent company. I personally grabbed some around $310.00.i have fair value @$335.00.i would be curious as to your fair value estimate. u have excellent fundamental analysis. thx Joseph. ✌️
Fascinating video Joseph Carlson