The February 2020 McMurtry Investment Report Newsletter and the February 2020 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
Category Archives: Announcement
The January 2020 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The January 2020 McMurtry Investment Report Newsletter and the January 2020 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The November 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The November 2019 McMurtry Investment Report Newsletter and the November 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The October 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The October 2019 McMurtry Investment Report Newsletter and the October 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The September 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The September 2019 McMurtry Investment Report Newsletter and the September 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
Adding Magna International to both portfolios
Current industry fundamentals are not favourable with slowing US car sales and weaker global growth
However, Magna’s shares are discounting this weak environment with its shares trading at 1.4 times book value and a little over 8 times 2019 EPS.
Time to purchase a cyclical company like Magna is when its shares are out of favour.
Its shares offer a free cash flow yield of over 12%. Its dividend yield is 2.99% while its cash dividend payout ratio is a low 21.7%.
It has a strong balance sheet with debt only 31% of total equity.
Over the last twelve months it has generated free cash flow of $2.7 billion or $8.005 per share.
The July 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The July 2019 McMurtry Investment Report Newsletter and the July 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The June 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The June 2019 McMurtry Investment Report Newsletter and the June 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The May 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The May 2019 McMurtry Investment Report Newsletter and the May 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The April 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The April 2019 McMurtry Investment Report Newsletter and the April 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The March 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The March 2019 McMurtry Investment Report Newsletter and the March 2019 Market Commentary with accompanying Growth and Income Portfolis, Sector Weights and Asset Mix are available.
The February 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The February 2019 McMurtry Investment Report Newsletter and the February 2019 Market Commentary with accompanying Growth and Income Portfolios, Sector Weights and Asset Mix are available.
The January 2019 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The January 2019 McMurtry Investment Report Newsletter and the January 2019 Market Commentary with accompanying Growth and Income Portfolis, Sector Weights and Asset Mix are available.
The November 2018 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The November 2018 McMurtry Investment Report Newsletter and the November 2018 Market Commentary with accompanying Growth and Income Portfolis, Sector Weights and Asset Mix are available.
The October 2018 McMurtry Investment Report Newsletter and Portfolios Are Now Available
The October 2018 McMurtry Investment Report Newsletter and the October 2018 Market Commentary with accompanying Growth and Income Portfolis, Sector Weights and Asset Mix are available.