This acquisition looks promising

GENUINE PARTS CO. $134 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 143.2 million; Market cap: $19.2 billion; Dividend yield: 2.4%; Dividend Sustainability Rating: Above Average; www.genpt.com) last raised its quarterly dividend by 3.2% with the April 2021 payment… Read More

Key updates for dividend-focused investors

MCDONALD’S CORP. $243 is a buy. The fast-food giant (New York symbol MCD; Income-Growth Dividend Payer Portfolio, Consumer sector; Shares outstanding: 746.8 million; Market cap: $181.5 billion; Dividend yield: 2.1%; Dividend Sustainability Rating: Highest; www.mcdonalds.com) now has 39,396 restaurants in about 120 countries. It last… Read More

Earnings just jumped 87.5% at Genuine Parts Co.

Earnings just jumped 87.5% at Genuine Parts Co.

Improved sales of automotive parts led to a 9.1% revenue rise for this company during the most-recent quarter.

A cost control plan continues to help boost earnings, while the stock trades at 23.0 times the company’s 2021 earnings forecast.

GENUINE PARTS CO. (New York symbol GPC; www.genpt.com)… Read More

Cyclical gains fuel this dividend

GENUINE PARTS CO. $125 is a buy. The company (New York symbol GPC; Income-Growth Payer Portfolio, Manufacturing & Industry sector; Shares o/s: 144.5 million; Market cap: $18.1 billion; Dividend yield: 2.6%; Dividend Sustainability Rating: Above Average; www.genpt.com) is a leading seller of replacement auto parts. It has 1,100 company-owned… Read More

They’re poised for post-pandemic gains

Genuine Parts and Snap-On both stand to gain as COVID-19 shutdowns ease and car sales rebound. However, we feel Genuine’s businesses outside of auto parts and wider geographic presence better protects it from possible future shutdowns.
GENUINE PARTS CO. $115 is a buy. The company (New York symbol… Read More