Valuentum Securities Stock Research

12/14/2025

Oracle Has Turned Into a Net Debt Heavy, Free Cash Flow Burning Enterprise

Oracle ended the fiscal second quarter with $19.8 billion in cash and marketable securities and $108.1 billion in notes payable and other borrowings. For the six months ended November 30, cash flow from operations was $10.2 billion, while capital expenditures were $20.5 billion, resulting in meaning...

10/12/2025

12/29/2024

How Does 37% Sound?

So what’s the playbook for 2025? You can probably guess that I think large cap growth and big cap tech will continue to lead the markets to new heights. 2024 was a boring year, if a 37% return can be considered boring for large cap growth. Frankly, with the market focusing on macro data and the Fed during 2024, there wasn’t much material to write about. We all already know the story: Inflation is under control, the job market remains healthy, the Fed is cutting, and artificial intelligence will be the name of the game this decade.

So what’s the playbook for 2025? You can probably guess that I think large cap growth and big cap tech will continue to lead the markets to new heights. 2024 was a boring year, if a 37% return can be considered boring for large cap growth. Frankly, with the market focusing on macro data and the Fe...

08/14/2024

What to Do During This Market Selloff

In short, nothing.

12/02/2023

Video: Our Top Stocks for 2024

Valuentum's President of Investment Research Brian Nelson walks through the success of Valuentum's newsletter suite, the state of the economy and markets, and offers his favorite idea for each sector. Tune into this must-watch video.

Valuentum's President of Investment Research Brian Nelson walks through the success of Valuentum's newsletter suite, the state of the economy and markets, an...

11/29/2023

3 Dividend Growth Stocks For The Long Run

"We think dividend growth investors should focus on total return first, and then move on to the evaluation of a company's dividend health. We believe that total return is a function of a company's net cash position and future expectations of free cash flow, and in this article, we have highlighted three strong, net-cash-rich, free cash flow generators that also have increased their dividends consistently over the years. Though these names are not hidden by any stretch, the strong performance of the Magnificent 7 reveals that investors don't need to look very far to find some of the best-performing ideas. Make sure that you know the Dividend Cushion ratio for companies in your dividend growth portfolio!"

We think dividend growth investors should focus on total return first, and then move on to the evaluation of a company's dividend health. We believe that total return is a function of a company's net cash position and future expectations of free cash flow, and in this article, we have highlighted th...

11/17/2023

REITs Will Likely Continue To Underperform

"This article clearly explains that REIT dividends are risky and showcases that REIT investors have missed out on a lot of total return during the past decade or so. One has to go back a long time to see any real return from REITs, and changing working and shopping habits will likely continue to punish the broader REIT sector. We view REITs as a game of financial leverage tied to the vicissitudes of the commercial real estate cycle, all for a dividend yield that approximates that of risk-free assets these days. REITs seem to have a large following these days and many will come to the defense of REITs in their own way, but from a bird's eye view of this market, we remain puzzled by the love affair some have for them. We can only posit that some have a myopic focus on REIT-specific metrics, are not getting the best information when it comes to capital-market dependence risk, and perhaps don't truly understand the structural dynamics of the dividend payment with respect to the free dividends fallacy (i.e. that a REIT's share price is adjusted downward by the amount of the dividend on the ex-dividend date). In our view, the structural dynamics that have hurt REITs for the past decade won't be going away anytime soon, and for investors looking to maximize their returns and the longevity of their retirement savings, there are much better options than REITs."

Image: REITs have not performed as well as some may have thought. This article clearly explains that REIT dividends are risky and showcases that REIT investors have missed out on a lot of total return during the past decade or so. One has to go back a long time to see any real return from REITs...

11/09/2023

The Crash Higher Is Coming

Big-cap tech and large-cap growth stocks continue to outperform, and we expect them to lead in the future. Click here for a detailed analysis.

08/16/2023

A great primer on understanding why the stock price is adjusted downward by the amount of the dividend on the ex-dividend date, tying enterprise valuation to total return and explaining why investors should view dividends as capital appreciation that otherwise would have been achieved had the dividend not been paid. Hope you enjoy!

Should Microsoft pay a special one-time dividend? After reading the article, what are your thoughts on special one-time dividends? Read more here.

08/08/2023

Berkshire’s Stake in Apple Has Been a Boon for Shareholders

Berkshire Hathaway fits the bill of the types of companies we’re looking for in this market environment. The company holds a nice cash position on the books, to the tune of ~$147.4 billion, while notes payable and other borrowings stood at ~$125.3 billion--good for a solid net cash position. Opera...

08/08/2023

Don't Destroy Wealth One Dividend At A Time

Explore here to know the relationship between dividends and stock prices, the importance of cash flow, and how to avoid wealth destruction in retirement.

07/18/2023

Finally, The U.S. Markets Are Making Sense Again!

2022 was a confusing year, with dividend-paying stocks remaining resilient despite the Fed raising rates to levels above their collective yields. Read more here.