In the 11th issue of the AMM Dividend Letter we highlighted the buying of Visa Europe as a potential catalysts for further price appreciation and dividend growth for Visa (V). Visa Europe would provide further transaction volume growth and Visa could greatly enhance Visa Europe's profitability. Integrating the two systems and transferring Visa Europe users [...]

Activist hedge fund JANA partners is targeting Qualcomm (QCOM). We do not agree that Qualcomm should be split up but we do agree that Qualcomm is undervalued. He then went on to explain how the chip-making arm, QCT, is undervalued relative to the licensing part, QTL, You look at valuation here. This company’s multiple has [...]

McDonald’s is a 57c Dollar Bill

In Glenview Capital Management's 4th quarter letter they break down their investment thesis in McDonald's (MCD) and the steps they think the company can take to reach a value of $169 per share. 1) Operational turnaround. While the broader category continued to generate positive same store sales in 2013 and 2014, McDonald's same store sales [...]

How Big Would Standard Oil Be Today?

Sometimes we forget just how big Standard Oil was. The three major U.S. oil companies: ExxonMobil (XOM), Chevron (CVX), ConocoPhilips (COP), all used to be a part of Standard Oil.