Fresh Del Monte: Under The Radar, Long-Term Dividend Investors May Love This One
Fresh Del Monte Produce offers strong dividend growth potential, with a low payout ratio and robust balance sheet supporting future increases. The company reported impressive earnings, with significant growth in gross profit and margins in two of its three segments. Despite headwinds, FDP's valuation suggests over 50% upside potential, especially if inflation cools and interest rates continue to decline.
FD Technologies announces £230mln divestment, shares surge 7%
FD Technologies PLC (AIM:FDP) shares were marked 7% higher this Monday in response to a proposed divestment of its First Derivative business to EPAM systems for £230 million. The divestment will allow FDTech to focus on KX, its AI-driven analytics software, and execute its growth strategy.
Fresh Del Monte Produce Inc. (FDP) Q2 2024 Earnings Call Transcript
Fresh Del Monte Produce Inc. (NYSE:FDP ) Q2 2024 Results Conference Call August 1, 2024 4:45 PM ET Company Participants Christine Cannella - Vice President, Investor Relations Mohammad Ghazaleh - Chairman and CEO Monica Vicente - Senior Vice President and CFO Conference Call Participants Mitch Pinheiro - Sturdivant & Company Operator Good day, and welcome to the Fresh Del Monte Produce Second Quarter 2024 Earnings Conference Call. Today's conference call is being broadcast live over the Internet and is also being recorded for playback purposes.
7 Budget-Friendly Stocks Getting Ready to Rocket in 2024
Budget-friendly stocks are increasingly hard to find as top-performing mega-caps edge ever closer to overvaluation. And, as we've seen with Nvidia (NASDAQ: NVDA ) over the past week, even moderate underperformance can be devastating when so much of the wider market hinges on their performance.
Fresh Del Monte: Deep Value Winner, With Sustainable 5% Cash Yield
Fresh Del Monte Produce Inc. offers a high dividend yield of 4.7%, while trading near a 50% discount to my net-asset liquidation value estimate. Total enterprise value including debt is now trading at less than its cost-accounting measured tangible book value, which is incredibly rare for a profitable business. Fresh Del Monte's stock quote is primed to rise substantially over the next 12-18 months, conservatively offering total return potential of +100% for buyers today.
3 Blue-Chip Stocks to Triple Your Wealth by 2026: June Edition
If this year's market volatility has left you reeling, you're not alone. But, despite the high valuations plaguing many tech stocks, plenty of top-tier, high-quality blue-chip stocks are waiting in the wings to bring much-needed stability to investors' portfolios.
