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Librarian Capital's Monthly Ranked Top Buys - June 2023
Our illustrative “Select 15” portfolio has gained 12.2% year-to-date. We are making several changes because of changes in share prices. We also review…
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Librarian Capital
Intuit: Down 7.5% After Q3 FY23 Results, Despite Raised Guidance
30x P/E despite consistent double-digit revenue and EPS growth. In Q3 FY23, a strong small business segment more than offset a weak tax business, hit by…
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Librarian Capital
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Mastercard: Still Attractive Despite Recent 52-Week High
We believe shares are still attractive at 34.5x 2022 EPS. Mastercard is likely to have many more years of mid-teens+ EPS growth. EBIT grew 17…
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Librarian Capital
Home Depot: Compounder Now Pricing In Mild Recession; Initiate at Buy
HD has strong structural growth drivers and competitive advantages. PE is now 20x or less, based on FY23 guidance. We believe there will be a 10%+ IRR…
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Librarian Capital
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Imperial Brands: Structural Headwinds Back in H1 FY23
Shares look cheap with a 6.9x P/E and a 7.7% Dividend Yield, but results show how weak earnings can be without help from COVID-19 and cuts in NGP…
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Librarian Capital
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Fund Manager Comments: Search, Research & Artificial Intelligence
Our monthly highlight of comments from leading fund managers, including Seilern, Lindsell Train, AllianceBernstein and Warren Buffett this month.
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Librarian Capital
Rémy Cointreau: 26% Down Since Start of 2022 on U.S. Cyclical Fears
Investors likely fear the rapid post-COVID slowdown in U.S. sales. We believe RCO’s P/E is ~30x on FY23 earnings and management expects FY24 to be flat…
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Librarian Capital
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PayPal: Q1 Worse Than Headlines, But 16% Crash Was Unfair
Shares are back to 2017 lows. Q1 showed early signs of improvement, especially in Non-Transaction Expenses. A “real” P/E of 21x gives downside…
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Librarian Capital
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Lloyds: Evident Stability in Q1 Results, 8.4x Normalized P/E & 5%+ Dividend Yield
Lloyds is attractive on undemanding assumptions. Q1 results show deposits, Net Interest Margin and the loan book are all stable. Shares have a 0.9x…
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Librarian Capital
Estée Lauder: Shares Fell 17% as Q3 FY23 Revealed Past Mistakes
EL crashed 17% after Q3 FY23 results. Disruption in China was compounded by management mistakes. Shares are now at 27.7x FY22 Non-GAAP EPS. We believe…
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Librarian Capital
Charter: Solid Progress in Q1 After Shares Collapsed in 2022
Shares are up 20% from lows but still 46% lower than at 2020 year-end. Residential Internet revenue growth accelerated to 4.9% in Q1. FCF implies a 10…
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Librarian Capital
Microsoft: Shares Over $300 Again After Q3 FY23 Results, Now What?
MSFT has risen 28% year-to-date. Q3 FY23 showed long-term growth is continuing, and costs have been brought under control. We see a 60% upside (16.2…
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Librarian Capital
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Librarian Capital's Research Library
Librarian Capital's Research Library
Institutional-grade research on stocks, at retail prices * (* currently free)

Librarian Capital's Research Library

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