
Daily Journal Corporation Q4 Preview: Still Charting Its Path (NASDAQ:DJCO)
Joseph Parrish 3.24K Follower s Follow 5 Share Save Play ( 6min ) Comments Summary Daily Journal Corporation (DJCO) is fairly and fully valued, with no clear signs of undervaluation or significant risk. DJCO’s Journal Technologies segment drives 77.5% of revenue, benefiting from durable local government contracts and modest growth potential. The stock portfolio, mainly BAC and WFC, remains largely unchanged and trades at premium book values, limiting upside. I maintain a Hold rating, as DJCO’s current structure and strategy offer limited catalysts for material revaluation. DNY59/E+ via Getty Images Daily Journal Corporation ( DJCO ) Q4 and full-year results frequently release on the last day of the year. For those considering what to do prior to 2025's end, it's a time to assess the value on the table. I happened to think the This article was written by Joseph Parrish 3.24K Follower s Follow I analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles, as those are considered short theses, and I never recommend shorting.I was initially interested in a career in politics, but after reaching a dead-end in 2019 and seeing the financial drain this posed, I choose a path that would make my money work for me and protect me from more setbacks. This brought me to study value investing, in order to grow wealth with risk management in mind.From 2020 to 2022, I worked in a sales role at a law firm. As the top-grossing salesman, I eventually managed a team and contributed to our sales strategy. I spent much of my free time reading books and annual reports, steadily building my vault of knowledge about public companies. This period has since been useful in helping me assess a company's prospects by its sales strategy. I particularly get excited when the product seems to sell itself.From 2022 to 2023, I worked as an investment advisory rep with Fidelity, primarily with 401K planning. My personal study before that allowed me to pass my Series exams two weeks ahead of schedule, and I once again found myself excelling at the job. I learned a few useful things from this more formal setting, but my main frustration was that I was still a value investor, and Fidelity's 401K planning was based on modern portfolio theory. Lacking a way to change positions internally, I chose to walk away after a year.I gave writing for Seeking Alpha a try in November of 2023, and I've been here since. As I spent those years saving aggressively and building up my base of capital, I also actively invest now. My articles are how I share the opportunities that I seek for myself, and my readers are effectively walking this road alongside me. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I...
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