Cenovus Energy Inc (NYSE: CVE) investors have enjoyed seeing the stock price increase by 15.1% over the last month. As a large-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, could the stock still be trading at a relatively cheap price?… Keep Reading
Procter & Gamble Co (NYSE: PG) beat the Consumer Staples sector by 7.1% as it relates to ROE, producing a healthy 18.5% compared to the sector’s 11.3%. But what is more interesting is whether Procter & Gamble will continue to achieve above average returns moving forward. The DuPont analysis is a useful tool that may help… Keep Reading
Advance Auto Parts, Inc. (NYSE: AAP) trades at a P/E multiple of 17.4x, which is lower than the Consumer Discretionary sector median of 18.9x. While this makes AAP appear like a stock to add to your portfolio, you might change your mind after gaining a better understanding of the assumptions behind the P/E ratio. In this… Keep Reading
Novartis AG (NYSE: NVS) has distributed 84.3% of its profits in the form of dividends over the last twelve months making the stock a prime candidate to be valued using a dividend discount analysis. Operating as a healthcare firm paying a dividend yield of 3.7%, could the large-cap stock be trading at an attractive valuation? Let’s… Keep Reading