Kreativorks/iStock via Getty Images Introduction It has been a while since I last discussed Citizens Financial Group (NYSE:CFG) and a lot has happened in the US financial sector since. While my focus in last year’s article was on the preferred shares, the wellbeing of the bank is obviously important to ensure Citizens Financial can meet…
Stephen Lam Revenue narrative and recent performance: In the first quarter of April, the company exhibited robust growth performance, with a 12% increase in contracted Remaining Performance Obligations (cRPO) and a 13% rise in revenues. Looking at the guidance for Q2 2023, the projected 10% growth in both cRPO and revenues is slightly below the…
JamesBrey In the BDC world, there is Main Street Capital (NYSE:MAIN) and there is everyone else. Generally, no other BDC has been able to command anywhere close to the premium MAIN has. At least not in a consistent manner. NewtekOne Inc. (NEWT) briefly did try and match up, during its euphoria days, but that bubble…
Big Dividends PLUS, Blue Harbinger RonFullHD If you are an income-focused investor, Energy Transfer (NYSE:ET) offers a tempting 9.6% yield. Especially considering the stable fee-based income, the healthy distribution coverage ratio and the ongoing volume growth trajectory. However, there are variety of big risk factors that investors should consider, including debt levels, master limited partnership…
alvarez iShares U.S. Industrials ETF (BATS:IYJ) is another sector based BlackRock ETF as the name implies. The fund tries to invest in a basket of American companies that are considered industrial. In this article we will talk about pros and cons of this fund and why I consider it a Hold for the most part….
malerapaso/E+ via Getty Images The Lithium Investment Thesis Remains Robust We previously covered Albemarle Corporation (NYSE:NYSE:ALB) and Sociedad Quimica y Minera de Chile S.A. (NYSE:NYSE:SQM) in April 2023, discussing their stocks’ over sold cadence at that time. This was attributed to Chile’s potential nationalization of the lithium industry. While both had moderately recovered afterwards, the…
Wirestock Introduction Everybody loves Raymond. I’m sure you all remember that show right? That’s how I feel whenever I hear someone talk about Apple (NASDAQ:AAPL) stock. I remember many of my friends talking about waking up early to go stand in line to get the new iPhone that just came out. I was always an…
Olivier Le Moal Earlier this month, I wrote on Pan American Silver (NYSE:PAAS), noting that the stock’s Q2 results were solid with the inclusion of Yamana’s South American assets and that it was one of the more attractively valued name sector-wide. Since then, PAAS has significantly outperformed the Silver Miners Index (SIL) which is down…
nopparit Listen here or on the go via Apple Podcasts or Spotify. Transcript Rena Sherbill: Welcome to the show, Prash and Agnieszka. It’s great to have you on the show. Thanks for taking the time and making it out here. Agnieszka Sekula: Hello. Dr. Prashanth Puspanathan: Thank you very much for having us. RS: Yeah,…
Matteo Colombo Introduction It’s time to discuss Atkore Inc. (NYSE:ATKR). This industrial midcap player with a market cap of $5.4 billion has become a high-flying outperformer during the pandemic, turning every $1.00 invested into more than $7.00. Data by YCharts What makes this Illinois-based company so special is its focus on margin enhancements in the…
Sundry Photography In a recent quarter, General Electric Company (NYSE:GE) showcased an impressive financial resurgence, recording a significant uptick in total orders. Its revenue streams also witnessed marked growth. This financial renaissance was mainly propelled by heightened demand in the company’s Aerospace sector and a surge of orders in the Renewable Energy domain. Moreover, the…
Scott Heins Realty Income Corporation (NYSE:O) investors have suffered another meltdown, as the selling carnage forced a battering that took O back toward lows last seen in October 2022. As such, despite posting a robust second-quarter or FQ2 earnings release in early August, investors weren’t amused, as the yield-driven volatility is back to haunt O…
Kameleon007 Written by Nick Ackerman, co-produced by Stanford Chemist. Tortoise Energy Independence Fund (NYSE:NDP) provides investors exposure to the producer and midstream energy space. The fund is trading at a discount, which can make it an appealing choice for investors. However, a discount has been a fairly regular occurrence since around 2019, when they cut…
Ideanomics, Inc. (NASDAQ:IDEX) Q2 2023 Earnings Conference Call August 25, 2023 4:30 PM ET Company Participants Tony Sklar – SVP, IR Alf Poor – CEO Scott Morrison – CFO Robin Mackie – COO Conference Call Participants Operator Welcome, everyone to the Ideanomics Second Quarter Earnings Conference Call. Joining me today, I am pleased to have…
Matteo Colombo Investment Briefing Since the December ’22 publication, there are numerous updates in need of discussion in the Immunocore Holdings plc (NASDAQ:NASDAQ:IMCR) investment debate. Critically, its KIMMTRAK segment continues its pace of adoption, and the company has expanded the label’s footprint into several additional European markets this year. It has also its expanded its…
recep-bg/E+ via Getty Images Introduction You may recall that I wrote an article on Dream Industrial REIT (TSX:DIR.UN:CA) (OTC:DREUF) in March 2020 and made the following conclusion: The REIT has realized a 24% total return over the last six months when I was more bullish on the stock, it has blown its peers out of…
pcess609 The investment objective of BlackRock ESG Capital Allocation Trust (NYSE:ECAT) is to provide both total return and income. The fund uses a highly flexible approach and has the ability to invest in both public and private markets across asset classes. They look to identify untapped growth opportunities tied to the evolution of ESG. My…
We-Ge/iStock Unreleased via Getty Images Trivago (NASDAQ:TRVG) is a company that operates a search platform for hotels and other forms of accommodation, operating in the United States, Europe, and globally. The company has had a rough financial history, with the pandemic creating further issues for the company. Trivago has since had an impressive turnaround; if…
rawintanpin/iStock via Getty Images No Risk, No Reward Lending, at its core, is a generally uncomplicated business: companies borrow money (through banks, customer deposits, etc.), and then re-lend that money at a higher interest rate and collect the spread. This business, however, becomes infinitely more complicated when human factors–such as credit scores, macroeconomic conditions, and…
VioletaStoimenova Dear subscribers, To say that I’ve been investing in insurance prolifically would be an understatement. Over the past few years, I’ve almost made a career out of covering quality insurance (and sometimes not so much quality). I’ve made profitable trades and investments in every insurance company I have ever invested in. This includes early…
8vFanI If you’re looking to profit from rising rates, the BDC industry is worth investigating – BDCs loan money to mostly privately held companies. These loans are generally at floating rates. Another plus for BDCs is that these underlying companies usually derive must of their funding from private equity and hedge funds, and/or VC sponsors,…
Sundry Photography Just about every company has a price where the stock is attractive to investors and one where investors should dump the stock. This case is very clear for a development voice AI software company like SoundHound AI (NASDAQ:SOUN) where the stock is very volatile due to AI hype. My investment thesis is more…
jitendrajadhav/iStock via Getty Images We are initiating Stryker (NYSE:SYK) with a hold rating. This is a high-quality company with a solid history of growth, high margins, and stable returns. However, we believe the company is slightly overvalued, and better opportunities exist elsewhere. We recently wrote about other healthcare companies that seem to be offering better…
Editor’s note: Seeking Alpha is proud to welcome Matthew Roever as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Editor’s note: Seeking Alpha is proud to welcome Matthew…
Dilok Klaisataporn/iStock via Getty Images Charlie Munger, Warren Buffett’s business partner, once said that “life will have terrible blows in it, horrible blows, unfair blows. It doesn’t matter. And some people recover, and others don’t.” I can relate. As many of you know, I was a successful real estate developer in my past life. The…
Lisa Lake Introduction This will be the third and last article of my three-part series on three big health insurance providers in the U.S. I will link the first two articles here because I will refer to both of them several times throughout this article: Humana: Recent Selloff Might Present A Buying Opportunity UnitedHealth Group:…
SDI Productions/E+ via Getty Images Exelixis (NASDAQ:EXEL) has made great progress in advancing its drug known as CABOMETYX for the treatment of several types of cancer. It has already been able to receive approval of this drug for the treatment of patients with kidney cancer, liver cancer and thyroid cancer. However, why I believe it…
SweetBabeeJay Research Brief Hidden amongst the majestic pine forests of the Pacific Northwest, an area I have visited several times, is a dividend quick pick I discovered this week among the regional banking sector. The parent firm behind regional banking brand Umpqua Bank, Columbia Banking System (NASDAQ:COLB), had its Q2 results on July 19th which…
Marko Geber With volatile markets and incredibly high interest rates, I’ve continued to reiterate the need for careful stock-picking in this environment, especially when sitting on risk-free cash can yield north of 5% at the moment. As such, I’ve focused my single-stock tech investments on “growth at a reasonable price” stocks, but both elements are…
Editor’s note: Seeking Alpha is proud to welcome X’s Industry Analysis as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Michael M. Santiago Company Overview On Aug 23…
Michael Young Just over three months ago, I wrote on OceanaGold (OTCPK:OCANF), noting that investors would be wise to ignore the abnormally weak Q1 results and that any pullbacks below US$1.86 this summer would provide a decent buying opportunity. Since dropping below these levels in July, OceanaGold has rallied over 10% and outperformed its peer…
jetcityimage/iStock Editorial via Getty Images Introduction As reported by Bloomberg the other day, Boeing (BA) discovered that its largest supplier drilled holes in a component that helps maintain cabin pressure of the 737 MAX jet. Bloomberg This derailed both the stock prices of Boeing and the supplier this is about, which is Spirit AeroSystems (SPR)…
KanawatTH I was very lucky with the timing on my last article on Curaleaf (OTCPK:CURLF), when I suggested that readers should sell the stock. This was in early July, and the stock had closed at $4.00. The stock fell sharply and is now at $2.90, down 27.5% in seven weeks. Not bad! While some might…
cemagraphics Written by Nick Ackerman, co-produced by Stanford Chemist. Calamos Convertible Opportunities and Income Fund (NASDAQ:CHI) continues to trade at a premium over its net asset value. The premium is also pushing near historically high levels that haven’t been seen since prior to the global financial crisis in 2008/09. For this reason, it remains an…
Huber & Starke California regulators voted on Thursday to allow Cruise (NYSE: GM) and Waymo (GOOG)(GOOGL) to start running a 24/7 paid taxi service in San Francisco. Anyone who’s been to the city of San Francisco recently, especially in the evening, has seen the cars driving around, eerily with no one in the driver seat….
NongAsimo Introduction Xeris Biopharma (NASDAQ:XERS), a biopharmaceutical firm, focuses on enhancing patient lives with innovative therapies. It offers products like Gvoke, Keveyis, and the FDA-approved Recorlev, while advancing further treatments using its unique XeriSol and XeriJect technologies. The following article discusses Xeris’ financial performance, growth in product sales, research initiatives, partnerships, and future prospects. Q2…
HeliRy Oil Tanker Overview As we have covered in other articles: INSW, TNK, STNG. The global oil tanker market has interesting dynamics. The Russian Oil Cap imposed by European nations at $60 per barrel has absorbed much of the limited supply of oil tankers. The embargo and price cap have dramatically increased the miles traveled…
Indigo Division Introduction It’s time to discuss CONSOL Energy (NYSE:CEIX), one of my favorite coal stocks. On June 22, I wrote an article titled CONSOL ENERGY: A 7% Yield And Massive Buybacks. Since then, CEIX shares have returned 23%, beating the S&P 500 by roughly 22 points. Even better, the stock has crushed its major…
bjdlzx For better or worse, I have, over the years, found myself drawn to companies that have very simple business models. In addition to being easier to understand, they do, from my experience, often have some of the best fundamental performance out there. And one fairly simple type of business involves the ownership of telecommunication…
Steve King Monroe Capital (NASDAQ:MRCC) last declared a quarterly cash dividend of $0.25 per share, in line with its prior payment and for a 13.5% annualized forward yield. Income is the prize and Monroe’s double-digit yield has moved to pandemic-era highs on the back of what’s been a 17% dip in its common shares over…
Cooper Neill/Getty Images Entertainment When I checked on the bag maker Vera Bradley (NASDAQ:VRA) the last time, in May, its prospects looked vastly improved even since late 2022. This led me to a rating upgrade in the stock to Hold from the Sell earlier. But its first quarter (Q1 FY24) numbers that followed soon after…
HJBC This is a frustrating period for Aviva (OTCPK:AIVAF)(OTCPK:AVVIY) investors. Shares of the UK composite insurer have been on a downwards trajectory for several months now, falling around 10.5% in GBP terms since my last update in May and around 20% from their March high. Aviva: Share Price (GBX Per Share) Source: Google Sharp-eyed followers…
Eric Francis Right now, increasingly many market pundits and media outlets are turning very negative on real estate. Here are just a few examples: Charlie Munger recently said: “A lot of real estate isn’t so good anymore. We have a lot of troubled office buildings, a lot of troubled shopping centers, a lot of troubled…
DNY59 Introduction Citizens Financial Group, Inc. (CFG) is a bank holding company for Citizens Bank providing retail and commercial banking products and services to individuals, small business concerns, corporations, and institutions in the US. CFG is based in Providence, RI and Citizens Bank has over 1000 locations in the northeast through the upper mid-west and…
NosUA Retirees looking for passive income investments generally need securities that offer each of the following characteristics: A sufficiently high current yield to cover living expenses. A safe enough distribution to sustain the payouts through good times and bad. Enough distribution growth to keep pace with inflation. A security that will sustain – and ideally…
DarkGel/iStock via Getty Images Lyell (NASDAQ:LYEL) is a developer of T-cell therapies for patients with solid tumors. It is in early clinical stage, and has two wholly owned programs targeting a variety of solid tumors. These are personalized, functional and longer duration T cell therapies that are highly reactive to both hot and cold tumors….