Sterling Infrastructure Stock: Why I’m Still Bullish (NASDAQ:STRL)
PM Images Introduction I initiated coverage of Sterling Infrastructure, Inc (NASDAQ:STRL) stock in July 2023…
Sterling Infrastructure Stock: Why I’m Still Bullish (NASDAQ:STRL)
PM Images Introduction I initiated coverage of Sterling Infrastructure, Inc (NASDAQ:STRL) stock in July 2023 when 1 share was trading at $59.11. Today, STRL trades at $98.32 and has since strongly beaten the broader market thanks to its quality business growth (i.e. growth of the top line against a backdrop of margin expansion). The last…
Bankinter Stock: Strong Q1 Results Indicate Resilient Earnings (OTCMKTS:BKIMF)
pablorebo1984/iStock Editorial via Getty Images Shares of Spanish bank Bankinter (OTCPK:BKIMF)(OTCPK:BKNIY) enjoyed a nice bump this week following strong first quarter results, helping to fuel meaningful year-to-date outperformance versus wider European financials (EUFN). With interest rate spreads and credit quality both remaining resilient given where we are in the cycle, Bankinter continues to report very…
BDC Weekly Wrap: BDCs And Excess Risk-Adjusted Returns
da-kuk Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company (“BDC”) sector from both the bottom-up – highlighting individual news and events – as well as the top-down – providing an overview of the broader market. We also try to add some historical context…
Annaly Stock: Improved Outlook As Mortgage Spreads Decline (Rating Upgrade) (NYSE:NLY)
PM Images Two years ago, I focused on how the rise in mortgage rates would harm the value of mortgage REITs. My bearish outlook on the giant Annaly (NYSE:NLY) was established at the beginning of the year. Mortgage rates had just begun to rise then, and I believe they’d increase significantly due to prolonged inflation….
Centamin plc (CELTF) Q1 2024 Earnings Call Transcript
Centamin plc (OTCPK:CELTF) Q1 2024 Results Conference Call April 18, 2024 3:30 AM ET Company Participants Martin Horgan – Chief Executive OfficerMichael Stoner – Head of Corporate Conference Call Participants Marina Calero – RBC Capital MarketsJason Fairclough – Bank of AmericaRichard Hatch – BerenbergDaniel Major – UBSYuen Low – Liberum Operator Good day, ladies and…
K92 Mining: Transformative Growth Keeps Us Bullish (OTCMKTS:KNTNF)
bodnarchuk Canada-based K92 Mining Inc. (OTCQX:KNTNF) owns and operates the “Kainantu” Gold Mine in the Asia-Pacific nation of Papua New Guinea. The attraction here is an impressive operating record, including six consecutive years of production growth in what is recognized as a low-cost and high-grade asset. The company is on track to deliver a major…
Old Second Bancorp, Inc. (OSBC) Q1 2024 Earnings Call Transcript
Old Second Bancorp, Inc. (NASDAQ:OSBC) Q1 2024 Results Conference Call April 18, 2024 11:00 AM ET Company Participants Jim Eccher – Chairman, President, & CEOBrad Adams – CFOGary Collins – Vice Chairman Conference Call Participants Nathan Race – Piper SandlerNick Moutafakis – KBWBrandon Rud – Stephens IncBrian Martin – Janney Operator Good morning, everyone, and…
Beam Global (BEEM) Q4 2023 Earnings Call Transcript
Beam Global (NASDAQ:BEEM) Q4 2023 Results Conference Call April 17, 2024 4:30 PM ET Company Participants Lisa Potok – CFODesmond Wheatley – President, CEO and Chairman Conference Call Participants Christopher Souther – B. RileySameer Joshi – HC WainwrightTate Sullivan – Maxim Group Operator Good day, everyone, and welcome to the Beam Global Full Year 2023…
Western Alliance Bancorporation (WAL) Q1 2024 Earnings Call Transcript
Western Alliance Bancorporation (NYSE:WAL) Q1 2024 Earnings Conference Call April 19, 2024 12:00 PM ET Company Participants Miles Pondelik – Director of IR & Corporate DevelopmentKenneth Vecchione – President & CEODale Gibbons – CFOTimothy Bruckner – Chief Banking Officer Conference Call Participants Jared Shaw – BarclaysCasey Haire – JefferiesSteven Alexopoulos – J.P. MorganChris McGratty –…
ViaBTC Just Mined the 4th Ever Bitcoin Epic Sat During The Halving
Today, Bitcoin mining pool ViaBTC has officially mined block 840,000, which not only ushers in the fourth Bitcoin halving, but also includes what has been deemed an “epic sat” by the Ordinals numbering system, which is the first satoshi (smallest unit of a bitcoin) of each halving epoch. Mempool Ordinals, numbering schemes for satoshis, have…
National Rural Utilities Cooperative Finance Corporation 5.5% SUB NT 64 (NRUC) Q3 2024 Earnings Call Transcript
National Rural Utilities Cooperative Finance Corporation 5.5% SUB NT 64 (NYSE:NRUC) Q3 2024 Results Conference Call April 17, 2024 10:00 AM ET Company Participants Heesun Choi – Vice President, Capital Market RelationsAndrew Don – Chief Executive OfficerLing Wang – Chief Financial Officer Conference Call Participants Chris Haberlin – Agincourt Capital Management Operator Good afternoon, and…
TransMedics Group: Founder Led Company With Solid Potential
serts/E+ via Getty Images Today, I’d like to discuss a small-cap company that is disrupting a much-needed sector of the healthcare industry. This company has beaten the S&P 500 since its IPO date in 2019 as the stock is up over 250% in that time span. So far, in 2024 the company is beating the…
United States Antimony Corporation (UAMY) Q4 2023 Earnings Call Transcript
United States Antimony Corporation (NYSE:UAMY) Q4 2023 Results Conference Call April 17, 2024 4:15 PM ET Company Participants Gary C. Evans – Lead DirectorRick Isaak – Senior VP and Chief Financial OfficerJoe Bardswich – Board member & Co-CEO Operator Greetings. Welcome to the United States Antimony Corporation Calendar Year 2023 Results Webcast. [Operator Instructions] Please…
Exela Technologies, Inc. (XELA) Q4 2023 Earnings Call Transcript
Exela Technologies, Inc. (NASDAQ:XELA) Q4 2023 Results Conference Call April 17, 2024 4:30 PM ET Company Participants Vince Kondaveeti – Head of Investor RelationsPar Chadha – Executive ChairmanMatt Brown – Interim Chief Financial Officer Conference Call Participants Craig Carlozzi – Algebris Operator Good day, and welcome to the Exela Technologies earnings update. [Operator Instructions]. Please…
Human Rights Foundation Announces Finney Freedom Prize On Fourth Bitcoin Halving
Today, on the day of the fourth Bitcoin halving, the Human Rights Foundation (HRF) announced the Finney Freedom Prize, commemorating the work of Hal Finney, one of the earliest public champions of Bitcoin. Today HRF launches the Finney Freedom Prize to honor Hal Finney, a champion of privacy, open-source software, and electronic cash The 1…
Bank of America: Near-Term Potential, Annualized Returns Likely Lower
Spencer Platt Thesis In my previous article covering Bank of America Corporation (NYSE:BAC), I rated the stock as a buy after assigning a fair price target of $39.41 and a future price of $67.80. At that time, the stock was trading at $33.40 and now, when writing this article, the stock price has climbed to…
Buy This Market Despite Rising Geopolitical Risk (SP500)
belterz/E+ via Getty Images Last night, Israel attacked Iran’s territory directly. This is the second major escalation of what has been a mostly covert international confrontation between Israel and Iran. But now, Iran has launched an attack on Israel from its territory and vice versa. Luckily, the limited nature of the Israeli attack appeared to…
WATCH: The 2024 Bitcoin Halving Livestream
The Final Countdown to the Bitcoin Halving Has Begun Join Bitcoin Magazine and top voices in the industry as we countdown to block 840,000 and ring in a new era in Bitcoin. The Bitcoin Halving Livestream powered by Kraken will reveal the Top 21 Moments over the past 4 years as voted on by Bitcoin…
Gauzy Ltd. Aims For U.S. IPO As Revenue Grows (GAUZ)
RapidEye/iStock via Getty Images Gauzy Is Growing But Producing High Operating Losses Gauzy Ltd. (GAUZ) has filed to raise $75 million in an IPO of its ordinary shares, according to an SEC F-1 registration statement. Gauzy provides light and vision control technologies for various end-user industries and environments. While top-line revenue growth has been impressive,…
Microsoft Q3 Preview: Focusing On Copilot (NASDAQ:MSFT)
jewhyte Investment Thesis Heading into FY Q3 Earnings, I believe Microsoft’s (NASDAQ:MSFT) strategic bet with their development and integration of the AI-driven platform, Copilot, has positioned the company well for the quarterly call and in terms of driving business going forward. Microsoft Copilot, launched in late 2022, has quickly become a key tool within Microsoft’s…
SpringWorks Therapeutics: Multiple Opportunities, But No Sure-Fire Winners (SWTX)
Damir Khabirov/iStock via Getty Images Investment Overview – The Pros & Cons Of SpringWorks Back in November last year I shared a note on Seeking Alpha discussing SpringWorks Therapeutics (NASDAQ:SWTX), on the day the company received FDA approval for its oral gamma secretase inhibitor Ogsiveo (nirogacestat), for the treatment of adult patients with desmoid tumors….
Nayuki Tweaks Franchising Model As Competitors Serve Up Rival Listings
Lock Stock/DigitalVision via Getty Images Apart from fresh data showing a sharp slowdown in its store count growth and a slow start for its franchising business, the latest quarterly update from premium tea chain Nayuki Holdings Ltd. (NYKHF, 2150.HK) is notable for one thing that’s not included in the Thursday filing. That unspoken fact is…
Spirit Airlines: The Spirit Is Gone, Time To Sell (NYSE:SAVE)
DaveAlan/iStock Unreleased via Getty Images In a report published in January, I discussed Spirit Airlines’ (NYSE:SAVE) challenging debt profile. I concluded that the company’s liquidity was not sufficient to service debt and operational costs. Additionally, I saw little chance for the company to successfully refinance debt, but I did see chances in sale-and-lease back transactions…
Independent Bank Corp. (INDB) Q1 2024 Earnings Call Transcript
Independent Bank Corp. (NASDAQ:INDB) Q1 2024 Earnings Call Transcript April 19, 2024 10:00 AM ET Company Participants Jeff Tengel – Chief Executive OfficerMark Ruggiero – Chief Financial Officer and Head of Consumer Lending Conference Call Participants Mark Fitzgibbon – Piper SandlerSteve Moss – Raymond JamesLaurie Hunsicker – Seaport ResearchChris O’Connell – KBW Operator Good day,…
Huntington Bancshares Incorporated (HBAN) Q1 2024 Earnings Call Transcript
Huntington Bancshares Incorporated Q1 2024 Earnings Conference Call April 19, 2024 8:00 AM ET Company Participants Tim Sedabres – VP & Head of IRStephen Steinour – Chairman, President & CEOZach Wasserman – Senior EVP & CFOBrendan Lawlor – Deputy Chief Credit Officer Conference Call Participants Manan Gosalia – Morgan StanleyJohn Pancari – Evercore ISIScott Siefers…
MicroStrategy to Host Bitcoin For Corporations Conference – Pioneering Bitcoin Adoption
MicroStrategy, the leading business intelligence and Bitcoin development company, is set to convene its MicroStrategy World conference, taking place April 29 – May 2, 2024 in Las Vegas, NV. The event features two core components: i) Artificial Intelligence + Business Intelligence, and ii) Bitcoin for Corporations. Bitcoin Magazine will serve as the exclusive livestream partner…
Regions Financial Corporation (RF) Q1 2024 Earnings Call Transcript
Regions Financial Corporation (NYSE:RF) Q1 2024 Earnings Conference Call April 19, 2024 10:00 AM ET Company Participants Dana Nolan – EVP & Head, IRJohn Turner – President, CEO & DirectorDavid Turner – Senior EVP & CFO Conference Call Participants Ebrahim Poonawala – Bank of America Merrill LynchRobert Siefers – Piper Sandler & Co.Betsy Graseck –…
7 Microcaps To Buy Ahead Of Possible Russell 2000 Inclusion
eAlisa Micro cap stocks are those typically defined at around $300 million in market cap or less. Companies of this size are often duds, but, others are super high growth with the potential to fulfill Peter Lynch’s thoughts on small companies… Big companies have small moves, small companies have big moves… Peter Lynch from One…
Team17 Group plc (TSVNF) Q4 2023 Earnings Call Transcript
Team17 Group plc (OTCPK:TSVNF) Q4 2023 Resulst Conference Call April 19, 2024 8:00 AM ET Company Participants Steve Bell – Group Chief Executive OfficerMark Crawford – Group Chief Financial Officer Operator [Call Starts Abruptly] presentation, investors will be in a listen-only mode. [Operator Instructions] Before we begin, I’d like to submit the following poll. I’d…
General Motors Q1 Earnings: Inside The Turnaround Tale And The Massive Buybacks (NYSE:GM)
buzbuzzer General Motors Stock: Opportunity Or Value Trap? General Motors (NYSE:GM) has been a pain in the neck for many investors: Poor results, lack of growth, dividend cuts, you name it. The outcome was outrageous: the stock returned only 16% in five years, while the S&P 500 more than doubled and even the Dow Jones…
Fun Facts About The Halving
The halving is a pivotal moment in Bitcoin’s monetary policy every four years, having massive implications for the economic viability of individual mining operations, the overall market dynamics of the asset, and generally the block alcohol content present in Bitcoiners’ bloodstreams. Everyone celebrates the halving each cycle as a moment where Bitcoin becomes a more…
Applied Materials: Domination In Technology Inflections (Rating Upgrade) (NASDAQ:AMAT)
zorazhuang In my previous write-up on Applied Materials (NASDAQ:AMAT), I suggested that the company could emerge as a main beneficiary of the gradual transition to advanced process technology amid the rapid development of AI. Since then, the stock price has surged by 44.6%, and with this article, I am lifting the AMAT stock to a…
Huntington Bancshares: A Powerhouse In Regional Banking (NASDAQ:HBAN)
PM Images Today we continue our Q1 regional bank coverage with Huntington Bancshares Incorporated (NASDAQ:HBAN). We continue to monitor the space closely. There remain macro concerns and pressure on net interest margins, while bank asset quality so far in the banks we follow has been mixed. The largest concern is a higher for longer rate…
The Halving Holiday
This article is featured in Bitcoin Magazine’s “The Halving Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Setting aside certain days for celebration, commemoration or remembrance is a nearly universal practice among humans. While different cultures and religions have their own unique customs and traditions, the entire human race seems to share an…
Limbach Holdings: Stock Likely To Benefit From Key Industry Trends (NASDAQ:LMB)
milanvirijevic/E+ via Getty Images Limbach Holdings, Inc. (NASDAQ:LMB) currently looks intriguing as a potential investment due to the low valuation and strong expected growth in 2024. The stock’s recent dip in price looks like a good buying opportunity. Limbach is a building systems solution company that provides mechanical, electrical, and plumbing [MEP] services. Limbach specializes…
Enbridge: Dip An Opportunity For Appreciation And Income As Dividend Approaches 8% (ENB)
PM Images Enbridge Inc. (NYSE:ENB) hasn’t had the best start to 2024 as its shares have declined by -6.62%. Shares of ENB have been in a perpetual decline as they have shed -9.36% of their value over the past five years, and -29.08% over the last decade. ENB reached $46.81 on May 30, 2022, and…
YS Biopharma Co., Ltd. (YS) Q3 2024 Earnings Call Transcript
YS Biopharma Co., Ltd. (NASDAQ:YS) Q3 2024 Earnings Conference Call April 19, 2024 8:00 AM ET Company Participants Alyssa Li – Director, Investor RelationsDavid Shao – President & Chief Executive OfficerZenaida Mojares – Chief Medical OfficerBrenda Wu – Chief Financial Officer Conference Call Participants Hunter Diamond – Diamond Equity Research Operator Ladies and gentlemen, thank…
The Bitcoin Halving Is Happening: Supply to Drop to 3.125 BTC Today
Today marks a significant event as Bitcoin experiences its fourth scheduled halving. This event, also known as the halving, occurs approximately every four years and has far-reaching implications for the Bitcoin ecosystem. As Bitcoin Magazine prepares for a halving livestream, powered by Kraken, to commemorate this event, it’s crucial to understand what the halving is…
Make Money While You Sleep, 2 Fat Dividends For A Retirement Dream
youngvet/iStock via Getty Images Co-authored with Hidden Opportunities. To make money when you sleep, you need a “set and forget” investment strategy. This is where an investor makes purchases intending to hold it for a long period, often without actively managing or monitoring it regularly. Here are some criteria that investors should consider when seeking…
You Can’t Rely On Bank Regulators To Protect Your Cash
MCCAIG A quite bizarre piece of news has recently hit the investor community which is not really being addressed by the financial media. I assume the reason that it’s not being covered by the financial media is because it deals with a complex issue involving bank regulators which is beyond the average investor’s ability to…
JetBlue’s Recovery Is Underway – Earnings Preview (NASDAQ:JBLU)
JetBlue EMB-190 lines up at JFK Airport Eliyahu Parypa/iStock Editorial via Getty Images The past nine months have been some of the most difficult any single airline has faced in the history of U.S. aviation. Almost a year ago, American Airlines Group Inc. (AAL) and JetBlue Airways Corporation (NASDAQ:JBLU) saw their Northeast Alliance – NEA…
What The Federal Budget’s Spending Measures Could Mean For The BoC’s Inflation Fight
Marc Dufresne The recently released Federal Budget is looking to boost revenue through new taxes. But it also includes more than $50B in new spending over the next five years. Hafiz Noordin, VP & Director, Active Fixed Income Portfolio Management at TD Asset Management, looks at the implications for the Bank of Canada’s efforts to…
KKR & Co. Follows Berkshire Hathaway (NYSE:KKR)
Ekahardiwito Subagio Purwito/iStock via Getty Images KKR & Co. (NYSE:KKR) is a leading alternative asset manager (aka private equity). Many consider it the pioneer of the industry and the second most important player today. Despite posting plenty about alt managers, it is my first on KKR. There is a specific reason for it, as will…
Ally Financial Q1 Earnings: A Strong Quarter, But There Are Pitfalls (ALLY)
Hispanolistic After reporting better-than-expected Q1 2024 results, Ally Financial Inc. (NYSE:ALLY) is already up more than 20% since I last covered the stock in January of this year Seeking Alpha About a year ago, I showed why comparisons between ALLY and other poorly governed financial institutions were not appropriate and indicated that the company could…
Western Alliance: Q1 Deposit Growth Is A Cause For Optimism (NYSE:WAL)
SDI Productions Shares of Western Alliance Bancorporation (NYSE:WAL) have recovered strongly from their banking crisis lows of a year ago, up about 69%. Shares though did fall about 1% on Thursday after-hours in the wake of its Q1 earnings report, likely in part due to some profit taking. Since recommending shares as a buy in…
University of Kentucky Study Finds Seeking Alpha Quant Ratings Beat The Market
Paper Boat Creative Quant Investment research and stock picks come from many places, but not all resources are created equal. Computer-driven strategies – the power of quantitative analysis and collecting and analyzing numerical data in a fraction of the time – offer investors the opportunity to instantly evaluate stocks to help avoid companies with poor…
Texas Capital Bancshares Stock Q1: NIM Returns To Growth, But AOCI Worries Again (TCBI)
Gary Yeowell Texas Capital Bancshares (NASDAQ:TCBI) has just released its Q1 2024 results and the market first reacted positively (+3.50% in pre-market): GAAP EPS of $0.46 misses by $0.12. Revenue of $256.33M (-6.0% Y/Y) beats by $3.25M. The net interest margin has returned to growth and management is confident of a price-per-share recovery. In fact,…
GSK Trades At Low Price Multiples, But Its Pipeline Needs To Improve (OTCMKTS:GLAXF)
William Barton Thesis GSK plc (NYSE:GSK) trades at low price multiples relative to competitors. At the surface, it looks like a good buy. However, in my opinion, the lower multiples reflect weaker later stage pipeline relative to competitors. Current pipeline will not face significant patent expirations over the next couple of years, but GSK needs…
Columbia Threadneedle Fixed Income Monitor: April 2024
DNY59 Track fixed income opportunities with this monthly update. One way to identify opportunities in fixed income is to look at bond yields. That’s because yield, which is based on a bond’s price and coupon payments, reflects total return potential. Yields can change over time and across bond sectors. Spread, which refers to the difference…
Chow Tai Fook Glitters As Hedge Against Lower Interest Rates (Pink Current Info:CJEWF)
Robert Way China’s leading jewelry seller has benefited from spiking gold prices that reached an all-time high after Iran’s drone attack on Israel last week In gold-crazy China, the showroom of Chow Tai Fook Jewelry Group Ltd. (OTCPK:CJEWF, OTCPK:CJEWY, 1929.HK) in Hong Kong’s Central business district is a bit of fantasy land featuring the many…
