Core Thesis - National Beverage (FIZZ) is positioned as a strong dividend stock for long-term shareholders, with a history of paying out most of its income as special dividends [1] Company Overview - The company has consistently focused on returning value to shareholders through special dividends, indicating a commitment to shareholder returns [1] Investment Strategy - The analysis emphasizes a long-term investment approach, suggesting that investors should consider holding stocks for several years to capitalize on growth opportunities and valuation metrics [1]

Group 1: Market Overview - Stocks are expected to close with double-digit gains in 2025, marking the third consecutive year of such performance despite geopolitical tensions and concerns over an AI bubble [1] - Gold prices have outperformed the S&P 500 Index this year, indicating a strong performance for safe-haven assets [2] Group 2: Company Performance - Anglogold Ashanti stock has increased nearly 265% year-to-date, significantly outperforming the VanEck Gold Mining ETF [3] - The company reported free cash flow of nearly $1 billion in Q3 2025, matching its total for all of 2024, and maintains a dividend policy of paying out 50% of its free cash flow to investors [6] Group 3: Gold Market Outlook - The outlook for gold prices remains positive as global uncertainty continues to enhance its appeal as a safe-haven asset, with central banks diversifying their holdings away from the U.S. dollar [4] - Factors supporting gold's rally in 2025 are expected to persist into 2026, making Anglogold a potential option for aggressive investors seeking high dividends [5]

Core Viewpoint - Coca-Cola Co (NYSE:KO) is identified as a top non-AI stock that Redditors are purchasing in anticipation of a potential bubble burst in the AI sector [1][2]. Group 1: Company Performance - Coca-Cola has over six decades of dividend growth, making it a strong defensive stock choice [2]. - The company recently exceeded Q3 earnings estimates and maintained its full-year guidance, indicating its ability to achieve growth with earnings flexibility [2]. - COKE shares have increased by 25% year-to-date, reflecting strong market performance [3]. - Over the past decade, Coca-Cola has achieved approximately a 13% compound annual growth rate (CAGR) in revenue, demonstrating resilience through various economic downturns [3].

Core Insights - Tractor Supply is recognized as a well-managed retailer catering to rural and hobby-farming customers, offering a solid dividend yield while pursuing aggressive growth strategies [1][2] Group 1: Dividend Performance - The current dividend yield of Tractor Supply is approximately 1.7%, surpassing the S&P 500's yield of 1.2%, with a history of 16 consecutive years of dividend increases and a more than doubling of the dividend over the past five years [5] - The payout ratio stands at 44%, indicating that less than half of the earnings are consumed by dividends, allowing room for future increases even if earnings growth slows [6] Group 2: Growth Prospects - Recent financial results indicate a reacceleration in growth, with third-quarter revenue increasing by 7.2% year-over-year, up from 3.4% growth in the first half of the year [9] - Comparable-store sales growth for Q3 was reported at 3.9%, significantly higher than the 0.2% growth for the full year of 2024, suggesting improving sales trends [9]

Core Insights - Welltower (WELL) is a real estate investment trust (REIT) valued at $135 billion, focusing on senior housing, healthcare, and outpatient facilities [1][5] - The company operates in major high-growth markets across the United States, Canada, and the U.K. [1] - Welltower's portfolio is divided into three segments: triple-net, senior housing opportunities, and outpatient medical facilities [2] Financial Performance - Welltower's stock has shown strong performance, gaining 45% over the past year and over 50% year-to-date [5] - The stock recently reached an all-time high of $199.11 on November 18 [4] - The stock is currently trading at $199.02, with a 50-day moving average of $177.11 [6] Technical Indicators - Welltower has a Weighted Alpha of +52.67 and a Relative Strength Index (RSI) of 79.53, indicating strong momentum [6] - The stock has maintained a Trend Seeker "Buy" signal since October 17, during which it gained 13.35% [3][6] - Barchart gives Welltower a 100% "Buy" opinion, with multiple analysts providing "Buy" ratings and price targets as high as $246 [5][6]

Core Viewpoint - HF Sinclair (DINO) is an energy company with a market capitalization of $10.33 billion, focusing on the production and marketing of light products such as gasoline, diesel fuel, and renewable diesel [1]. Technical Analysis - DINO has shown strong technical momentum, recently achieving a 52-week high of $56.58 on November 14 [4]. - The stock has gained 3.05% since a new "Buy" signal was issued on October 24, indicating positive momentum [2]. - The stock has a 100% "Buy" opinion from Barchart, with a Weighted Alpha of +49.43 and a Relative Strength Index (RSI) of 59.62 [6][7]. - DINO has made 7 new highs and gained 7.81% in the last month, with a technical support level around $54.69 [7]. Financial Performance - Over the past year, DINO's shares have increased by 32.44%, and nearly 60% year-to-date [6]. - The company has a trailing price-earnings ratio of 18.96x and a dividend yield of 3.58% [7]. - Revenue is projected to grow by 0.90% next year, while earnings are estimated to increase by 380.82% this year [9].

Core Viewpoint - The alcohol industry, particularly Brown-Forman, is facing significant challenges, with the company's stock down 66% from its peak, but there are reasons for optimism regarding future recovery [1][2]. Industry Overview - The alcohol industry is experiencing its most challenging period in recent history, with a notable decline in consumption, particularly among younger consumers [3][5]. - Americans are drinking at their lowest rate in 90 years, impacting overall industry performance [3]. - The spirits industry, especially whiskey and bourbon, saw a production increase post-COVID-19, leading to a supply glut as market demand has moderated [6]. Company Performance - Brown-Forman's revenue has declined over the past couple of years, with guidance indicating a low-single-digit sales decline for fiscal year 2026 [3]. - The company has a market capitalization of $13 billion, with shares currently trading at $27.35, reflecting a significant drop from a 52-week high of $46.22 [7]. Growth Potential - Despite current challenges, Brown-Forman has a history of innovation and has successfully launched new products, including ready-to-drink beverages, which saw a 9% sales growth in the most recent quarter [8]. - The company has a presence in approximately 170 countries, with strong whiskey consumption in international markets like Brazil, India, and parts of Asia, indicating potential for growth if brands are effectively promoted [9]. Financial Metrics - Historically, Brown-Forman has maintained a price-to-earnings (P/E) ratio averaging 25 since the late 1990s, but currently trades at just 15 times earnings, suggesting a potential buying opportunity [12]. - The company has paid and raised its cash dividend for 41 consecutive years, with the current dividend yield at 3.3%, significantly above historical norms [13]. Future Outlook - While growth expectations should be tempered, there is optimism that as supply and demand balance, Brown-Forman can return to a slow, steady growth trajectory [10]. - The company's core business fundamentals remain intact, making it a potentially attractive investment despite current adversities [15].

Agnico-Eagle Mines (AEM) shares have more than doubled this year, thanks to the stellar rise in gold prices (GCZ25). While gold prices took a breather and briefly fell below $4,000 per ounce, they have since returned above the psychological price level. Higher gold prices have meant a free cash flow bonanza for gold miners, which they are invariably using to either deleverage their balance sheets or increase shareholder payouts through higher share buybacks and dividends. Recently, Barrick Gold (B) announ ...

Core Viewpoint - Procter & Gamble (P&G) is highlighted as a strong dividend stock for risk-averse investors, boasting a 2.8% dividend yield and a long history of dividend increases, with a forecast of $10 billion in dividends for fiscal 2026 [2][3]. Group 1: Financial Performance and Dividend Strategy - P&G plans to pay $10 billion in dividends and repurchase $5 billion in stock in fiscal 2026, demonstrating its strong cash flow generation capabilities [3]. - The company is forecasting diluted earnings per share growth of 3% to 9% and organic sales growth of 1% to 5% for fiscal 2026, despite facing industry challenges [4]. - P&G's market capitalization stands at $351 billion, with a current stock price of $150.37, reflecting a price-to-earnings ratio of 23.3 times fiscal 2025 diluted earnings per share [6][15]. Group 2: Market Position and Competitive Advantages - P&G maintains a competitive edge through its efficient supply chain and diversified brand portfolio, allowing it to perform well even in challenging market conditions [6][11]. - The company is experiencing growth in its skin and personal care segment, particularly in regions outside North America, such as Greater China and Latin America [7]. - P&G's Olay brand has shown strong performance, appealing to consumers seeking quality at more affordable prices compared to luxury alternatives [9][10]. Group 3: Industry Context and Challenges - The consumer staples sector, including P&G, is facing slowing sales growth and challenges in passing cost pressures to consumers, with many peers experiencing negative sales growth [4]. - Despite these challenges, P&G's operating margins remain industry-leading, showcasing its efficiency and ability to leverage size for profitability [12].

Core Viewpoint - Tractor Supply is showing signs of returning to double-digit earnings growth, supported by recent positive performance and optimistic management outlook for 2026 [2][3][15] Financial Performance - In Q3, comparable store sales increased by 3.9% year-over-year, with transaction count up 2.7% and average ticket rising by 1.2%, leading to net sales of $3.72 billion, a 7.2% increase [6][14] - The company plans for Q4 comparable sales growth between 1% and 5%, indicating potential for sustained momentum [7][16] - The long-term financial algorithm targets net sales growth of 6% to 8%, comparable sales growth of 3% to 5%, and operating margin between 10% and 10.5% [10][12] Growth Strategy - Management expects to open around 100 new stores in 2026, following the opening of approximately 90 new stores this year, which will support overall revenue growth [12] - The company is also focusing on strategic investments to enhance transaction strength and average ticket size [9] Capital Returns - In Q3, Tractor Supply returned $197.3 million to shareholders through dividends of $121.9 million and stock repurchases of $75.4 million, while also funding growth initiatives [14] - The dividend yield is approximately 1.7%, and the company is well-positioned to maintain its dividend amidst growth plans [11][13] Market Outlook - The company is optimistic about 2026, expecting a return to a more normalized growth cadence, which could lead to earnings-per-share growth approaching double digits [3][15] - The fourth quarter's performance is highly dependent on weather conditions, but even the lower end of the sales growth range suggests year-over-year revenue growth [16]