Quantcast
I have 31 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
Results 1 to 9 of 9
  1. #1

    Default FNF ==> The Draft Day Winner

    A long time ago, before anyone knew what a pandemic was, the Titans invaded Ft. Lauderdale and completely wrecked the Hard Rock casino. They were stacking the black and drinking the Blue while pairing the Ace and the Jack. After winning at Blackjack and closing down the Center Bar, the only thing left to do was to play a little FMF and then go party with Dennis Rodman. Now the Worm made a lot of money snagging rebounds and wooing Kim Jong Un but if he followed $$$MR. MARKET$$$, he wouldn’t have played FMF, he would have bought FNF. Sorry Worm. No matter what, it was an epic night…or should I say…morning.



    Today I bought FNF (Fidelity National Financial, Inc.) at 46.05. I will sell it in 4 to 6 weeks at 53.20. Here’s why I like FNF.



    This chart is certainly incredibly impressive. The stock just goes up and up and up in price. It’s up 78% in the past 12 months yet its PE is still less than 9. The reason is that the earnings outlook is incredible. What’s really exciting about this trade is that the stock is still trading below its pre-pandemic levels, although the housing market is about to EXPLODE. Furthermore, FNF is announcing earnings this week. Watch and learn from the master. There is a LOT of room for this stock to RUN, just by retracing where it already should have been.

    Fidelity National Financial, Inc., together with its subsidiaries, provides various insurance products in the United States. The company operates through Title, F&G, and Corporate and Other segments. It offers title insurance, escrow, and other title related services, including trust activities, trustee sales guarantees, recordings and reconveyances, and home warranty insurance. The company also provides technology and transaction services to the real estate and mortgage industries; and mortgage transaction services, including title-related services and facilitation of production and management of mortgage loans. In addition, it offers annuity and life insurance products, such as deferred annuities that include fixed indexed, fixed rate, and immediate annuities, as well as indexed universal life insurance products. Further, the company engages in the real estate brokerage business. Fidelity National Financial, Inc. was founded in 1847 and is headquartered in Jacksonville, Florida.

    What’s better than mining for gold during a gold rush? You sell the picks and shovels. That’s exactly what we’re doing here with FNF. This company is a strong performer in varying market conditions and the easiest way to benefit from the U.S. real estate market. The real estate and mortgage market has gone bananas during the pandemic mess of 2020. Virtual work has families fleeing major city centers to more suburban environments – that means more houses being sold. Plus, look at all of the stimulus..more stimulus means more money being pumped into real estate.

    Fidelity National Financial, Inc. is the leading provider of title insurance and settlement services to the real estate and mortgage industries

    • The nation’s largest title insurance and settlement services company
    • Most diversified competitor from a geographic, product, and revenue channel perspective
    • #1 market share in the residential purchase, refinance, and commercial markets
    • FNF holds the #1 or #2 market position in 43 states

    • Solid balance sheet enables payment of cash dividend, repurchase of shares, strategic acquisitions, continued investment in core businesses and future repayment of debt

    All of the homebuilders have been CRUSHING their earnings this quarter, and FNF reports this week. Last quarter was really good too, but just a prelude of what we’re going to see this week. Here’s last quarter’s report:


    • Total revenue of approximately $3.8 billion in the fourth quarter versus $2.4 billion in the fourth quarter of 2019
    • Fourth quarter net earnings from continuing operations of $803 million and adjusted net earnings from continuing operations of $588 million versus net earnings of $340 million for the fourth quarter of 2019
    • Fourth quarter diluted EPS from continuing operations of $2.74 and adjusted diluted EPS from continuing operations of $2.01 versus diluted EPS of $1.22 and adjusted diluted EPS of $0.95 in the fourth quarter of 2019
    • Total revenue of approximately $3.0 billion versus approximately $2.3 billion in total revenue in the fourth quarter of 2019


    Did we mention the dividend of 2.94%. Try getting anywhere close to that in your savings account! They have been growing their dividend annually for like the last 6 years. This stock is so highly undervalued, it’s ridiculous. But now, FNF is currently riding the wave of a hot housing market due to low interest rates. This is why we saw last quarter’s results, with Q4’20 revenue rising by 60% YoY, and adjusted EPS rising by 112%, to $2.01 per share. But THIS quarter is going to be even better. Interest rates are still so low that money is friggin free. Their pre-tax title margin improved by 6.4%, to 22.7%. Meanwhile, FNF maintains a strong balance sheet, with $3.2B in cash, and a debt-to-equity ratio of just 36%. Like a true Titan, Fidelity National Financial has grown EPS by 27% per year, compound, in the last three years.

    FNF has a market cap of $13 billion, it’s no little secret. What’s crazy is that its earnings have grown so much but the stock price has not reflected that to the extent that it should have already. It’s stock price hasn’t hit its pre-pandemic levels but almost every other stock on the planet has done it. That’s a lot of runway left. The only risk to this stock is a housing market crash. Who thinks that is going to happen in the next 3 months? You? YOU? YOU??? I’ll be so long gone out of this stock when that happens, who gives a crap. The best news is we don’t even care which way the housing market is going, as long as there is a buyer and a seller, FNF makes money. Just do the title crap and take the vig.

    Here’s what the boss had to say last quarter:

    “We are extremely pleased with our record fourth quarter and full year title results, fueled by our team's ongoing efforts through such unprecedented times we were able to execute our strategy and deliver superior industry-leading performance. F&G continues to deliver strong results while maintaining a solid investment portfolio, and we are excited at the prospect of entering additional distribution channels with new products in the coming year. Lastly, we will continue to deploy a thoughtful capital allocation plan that is focused on delivering value to our shareholders. We look forward to updating you on our progress during our first quarter call. Thank you.”

    Whether its FMF or FNF, the bottom line is that it’s going to be really good for $$$MR. MARKET$$$....not just good….HUGE!

    $$$MR. MARKET$$$
    Last edited by mrmarket; 06-01-2021 at 10:07 AM.
    =============================

    I am HUGE! Bring me your finest meats and cheeses.

    - $$$MR. MARKET$$$

  2. #2
    Join Date
    Sep 2003
    Posts
    4,915

    Thumbs up

    Very nice pick, $$MM! I'm already in with you on FNF... and likely I'll buy some more of this one tomorrow. FNF is sure to give us a 15% gain over the next month or two, as the HOT real estate market continues to fuel the FNF flame! (and hopefully put us over on MDC and LEN as well)

  3. #3
    Join Date
    Sep 2003
    Posts
    4,915

    Default

    Just bought more at $46.1 today. Gooooooooo FNF!!!

  4. #4
    Join Date
    Nov 2011
    Posts
    3,645

    Default

    Just picked up FNF. Thanks Mr Market for all your efforts . You do have a fine site and it is much better then some of the stock services I have!

  5. #5
    Join Date
    Jun 2009
    Location
    NJ
    Posts
    584

    Default

    Agree 100% that Mr. Market is THE MAN giving us a site like this and sharing everything he has shared for so long.

    I too am on the FNF ride with you all and adding this undervalued stock with a nice dividend to my portfolio is a treat in this market!

  6. #6
    Join Date
    Jan 2004
    Location
    Blue Ridge Mts....
    Posts
    3,678

    Default

    I like it!... and they report earnings today.
    BEEF!... it's whats for dinner!

  7. #7

    Default

    Bought some today @ $45.60

    great call again as usual Mr. Market!

  8. #8
    Join Date
    Jun 2009
    Location
    Earth (Mostly)
    Posts
    775

    Default

    FNF earnings call is tomorrow at 12pm EDT. They may release earnings numbers before that. Earnings on a Friday always make me nervous. Sometimes companies announce earnings on Friday to use the weekend to mute the reaction to bad numbers, although typically that happens with after market announcements. We’ll see. Should see some movement in the stock one way or another.

  9. #9
    Join Date
    Sep 2003
    Posts
    4,915

    Default

    https://finance.yahoo.com/news/fnf-group-fnf-surpasses-q1-001512506.html

    FNF Group (FNF) Surpasses Q1 Earnings and Revenue Estimates


    FNF Group (FNF) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.28 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.

    This quarterly report represents an earnings surprise of 21.88%. A quarter ago, it was expected that this provider of title insurance and mortgage services would post earnings of $1.25 per share when it actually produced earnings of $2.01, delivering a surprise of 60.80%.
    Over the last four quarters, the company has surpassed consensus EPS estimates four times.


    FNF Group, which belongs to the Zacks Insurance - Property and Casualty industry, posted revenues of $3.1 billion for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 3.96%. This compares to year-ago revenues of $1.61 billion. The company has topped consensus revenue estimates four times over the last four quarters.
    The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
    FNF Group shares have added about 17.2% since the beginning of the year versus the S&P 500's gain of 11%.
    What's Next for FNF Group?
    While FNF Group has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
    There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
    Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
    Ahead of this earnings release, the estimate revisions trend for FNF Group was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
    It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $1.34 on $3.04 billion in revenues for the coming quarter and $5.01 on $11.91 billion in revenues for the current fiscal year.
    Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Insurance - Property and Casualty is currently in the bottom 38% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. The Draft Day Top 5
    By mrmarket in forum Discussion
    Replies: 4
    Last Post: 05-03-2021, 09:43 AM
  2. The Draft Day Data Dump
    By mrmarket in forum Discussion
    Replies: 1
    Last Post: 04-29-2021, 10:12 PM
  3. AKH - The NFL Draft Winner
    By mrmarket in forum Discussion
    Replies: 20
    Last Post: 02-06-2015, 11:29 AM
  4. Stock Draft
    By billyjoe in forum Discussion
    Replies: 2
    Last Post: 04-27-2012, 06:50 AM
  5. The NFL Draft Top 5
    By mrmarket in forum Discussion
    Replies: 11
    Last Post: 04-24-2007, 10:27 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  




Do you like this site?

Take a look at the homepage
of $$$ MR. MARKET $$$