בס״ד

Stock Market Hot, Stock Market Cold. Carrier Gets Plug Pulled (CARR)

Posted on September 5, 2021

We start with a brief note on this week’s editorial calendar.

As tomorrow begins the holy, two-day Rosh HaShana holiday, we will not be publishing A Jew and His Gold this Thursday.  We will not be in the office, and we will not be looking at our screens.

If there’s action required on either Thursday or Friday of this week, we will send a bulletin.

Outside of that, you’re on your own.

Next Monday, A Jew and His Gold will replace the regularly scheduled A Jew and His Money in order that fellow scribbler Matt McAbby be kept from throwing a tantrum.

And that’s that!

Please stay tuned here for additional editorial changes as we move through the holiday season.

————————————————

Today’s propaganda is brought to you by the Carrier Global Corporation (NYSE:CARR), heating and cooling the air you breathe with combustible carcinogens you never imagined could do so much harm!

Have a look at the fundamentals –

  • Price/Earnings is a relatively low (to the overall market) 20.43,
  • Dividend Yield is a nominal 0.84%,
  • Price to Book is a wholly unreasonable 7.38,
  • Earnings per Share over the last year are DOWN 7.80%,
  • The consensus guess for next year’s earnings is a paltry rise of 2.45%, and
  • The company’s Debt/Equity ratio is less than favorable at 1.44.
  • Moreover, insiders have cashed in 20% of their holdings in the last 30 days.

We don’t have faith in the future of the stock, and we’d venture that the Day of Judgment will render a guilty verdict on those still holding through the end of the week.

Have a look now at the daily –

Après ça, la deluge!  

May your Rosh HaShana be filled with purpose and meaning, and may you exit with the blessing of the Holy One and be inscribed in the Book of Life for another year.

!בריאות ופרנסה

With kind regards,

Hugh L. O’Haynew

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *