Fortune Brands FBHS is our next Top Buy today. Fortune Brands is a home and security products company and is responsible for several well known brands in cabinetry, plumbing, door and security products. Some of its best known brands include Master Lock, Sentry Safe, MasterBrand Cabinets, Moen faucets, Therma-Tru entry door systems, and Waterloo tool storage products. Our AI systems rated the company C in Technicals, C in Growth, B in Low Volatility Momentum, and B in Quality Value. The stock closed up 2.29% to $100.69 on volume of 766,127 vs its 10-day price average of $97.08 and its 22-day price average of $93.26, and is up 19.1% for the year. Revenue was $6090.3M in the last fiscal year compared to $5485.1M three years ago, Operating Income was $853.9M in the last fiscal year compared to $699.7M three years ago, EPS was $3.94 in the last fiscal year compared to $2.66 three years ago, and ROE was 21.31% in the last year compared to 16.31% three years ago. The stock is also trading with a Forward 12M P/E of 20.07.
Heading south, after the rough-and-tumble logging and fishing communities of Washington State, you cross the mouth of the Columbia River and follow the comparatively peaceful and quiet Oregon coastline, where recreation has by and large replaced industry, and where dozens of quaint and not-so-quaint communities line the ever-changing shoreline. At the midway point, you pass through the great redwood forests of Northern California, where the tallest and most majestic living things on earth line the Avenue of the Giants, home also to some of the best (meaning gloriously kitsch) remnants of the golden age of car-borne tourism: drive-through trees, drive-on trees, houses carved out of trees, and much more. The phenomenally beautiful coast-line of Northern California is rivaled only by the incredible coast of Big Sur farther south, beyond which stretches the beachfronts of Southern California. The land of palm trees, beach boys, and surfer girls of popular lore really does exist, though only in the southernmost quarter of the state.
In 2021-22, PCH has updated the risk assessment of the control environment for this key business process. OGD control documentation was analyzed to benchmark best practices against departmental planning, budgeting and forecasting activities, in consultation with PCH financial experts. 59ce067264