Colby’s First Quarter Update

The first quarter of 2021 has been interesting so far. It has gone exactly how I expected in some ways and has gone very differently in others. The EV pump due to Biden being elected has seemed to stall out already, which is much earlier than I expected it to start to fizzle out. TheContinue reading “Colby’s First Quarter Update”

Performance Goes Public (And Other News)

The biggest new in the market right now (if your into cars and an investor) is that Holley Performance Products is merging with Empower Ltd. (EMPW) and will be listed on the New York Stock Exchange under the ticker HLLY. Empower is what is known as a ‘Blank Cheque’ company or SPAC (Special Purpose AcquisitionContinue reading “Performance Goes Public (And Other News)”

Penske Raises Dividend 2.4%

Penske Automotive Group (PAG) recently announced a 2.4% increase in their quarterly dividend from 42 cents per share to 43 cents per share. This would equal $1.72 per share for the year assuming their dividend does not change any further. I consider this a really good sign coming from them considering this will only beContinue reading “Penske Raises Dividend 2.4%”

Big Time Diesel

Originally I had planned to do an article about the biggest large diesel engine manufacturers, but as far as public companies go it really turned into a two horse race between Caterpillar and Cummins (every other manufacturer is either privately owned or not on a North American Exchange). The five biggest diesel engine manufacturers are:Continue reading “Big Time Diesel”

Colby’s Top 5 picks for 2021

So, this will be my first top 5 picks article, 2020 was interesting and very volatile which is actually a really good thing in my opinion, lots of fear and speculation in the market is a fantastic opportunity to make money, though I’m sure there are a lot of people that did not enjoy theContinue reading “Colby’s Top 5 picks for 2021”

Companies Everyone Loves to Hate

I figured now would be a good time to talk about some oil companies, not just the big guys though. Specifically I wanted to talk about the largest providers of lubricants, or specifically engine oil. This is largely due to the fact that I recently added Valvoline (VVV) to my watch list and the factContinue reading “Companies Everyone Loves to Hate”

Upside to a Recession

There are a few ways that a good company can do to take advantage of a recession. One of the things that are sometimes done to try and boost the economy is for interest rates to be lowered making it easier for companies (and people) to borrow money. Rather than borrowing to go into moreContinue reading “Upside to a Recession”

Up 31% In the Last Month

Penske Automotive Groups (PAG) stock has risen 31% in the last month mostly from July 13th to 16th and has managed to hold that strength right up to the end of market today. There are several reasons for this, the main one being that Penske was able to beat analyst estimates of their quarterly earningsContinue reading “Up 31% In the Last Month”