Muhammet Yildiz/iStock via Getty Images Dear Investors, Year-to-date through the end of July, RF Capital has returned +34.93%[1] net of all fees. In comparison, the S&P 500 (SP500, SPX), Russell 2000 (RTY), and MSCI ACWI generated returns of +19.52%, +14.67%, and +18.30%, respectively, over the same period. Please check your individual statements for your exact…
WANAN YOSSINGKUM/iStock via Getty Images Environmental, social, and governance (ESG) ratings should reflect the risks that such factors pose to a company’s financial performance and how well-equipped that company is to manage those risks. Such ratings may assess carbon emissions (E), health and safety in the workplace (S), and executive compensation structures (G), among other…
Serkan Toröz/iStock via Getty Images By Doug Young The story of Cango Inc. (NYSE:CANG) looks a bit like a car that’s restarting after a major overhaul these days, roaring ahead one moment only to sputter the next. The company, which has transformed from a car financier to operator of a car trading platform, was in…
Nickel Industries Limited (OTCPK:NICMF) Q2 2023 Earnings Conference Call August 30, 2023 9:00 PM ET Company Participants Justin Werner – Managing Director Chris Shepherd – Chief Financial Officer Conference Call Participants Cameron Taylor – Bank of America Merrill Lynch Adam Baker – Macquarie Research Operator Thank you for standing by, and welcome to the Nickel…
Justin Paget Thesis The low cost of photovoltaics is incentivizing us to install more renewables and providing sustained tailwinds to the solar industry and its ancillaries. I find myself hunting for companies which might be able to turn these tailwinds into sustained returns. While I don’t think panel manufacturers can ever become attractive long-term compounders,…
TERADAT SANTIVIVUT Record QT and big rate hikes no problem: Corporate Bond Market Distress Index drops to lowest level since before the Fed started tightening. The New York Fed’s update on Wednesday of its weekly Corporate Bond Market Distress Index (CMDI) shows just how much liquidity there is still sloshing around from years of mega…
Dilok Klaisataporn * August saw four new preferred stock / ETD offerings, with dividend yields ranging from 6.75% to 8.75%. * Here is a comparison against the highest quality preferred stocks in our coverage universe, as ranked by our internal “CDx3 Compliance Score” metric: * CDx3 preferreds ranked 10 out of 10 are meanwhile selling…
PointsBet Holdings Limited (OTCQX:PBTHF) Q4 2023 Earnings Conference Call August 30, 2023 8:00 PM ET Company Participants Sam Swanell – Group CEO Andrew Mellor – Group CFO Conference Call Participants Rohan Sundram – MST Financial Phillip Chippindale – Ord Minnett Bradley Beckett – Credit Suisse Rohan Gallagher – Jarden Group Chris Savage – Bell Potter…
zimmytws Thesis Fidelity Blue Chip Growth ETF (BATS:FBCG) is an actively managed ETF that picks large-cap growth stocks. As a relatively new fund, the track record doesn’t have much to say as to how it would behave in different market environments. However, I believe we have enough to say that long-term investors have better options…
National Bank of Canada (OTCPK:NTIOF) Q3 2023 Earnings Call Transcript August 30, 2023 1:00 PM ET Company Participants Linda Boulanger – Senior Vice President of Investor Relations Laurent Ferreira – President and Chief Executive Officer Marie Chantal Gingras – Chief Financial Officer Bill Bonnell – Chief Risk Officer Denis Girouard – Head of Wealth Management…
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) Q2 2024 Earnings Call Transcript August 30, 2023 5:00 PM ET Company Participants Maria Riley – Vice President of Investor Relations George Kurtz – President, Chief Executive Officer and Co-Founder Burt Podbere – Chief Financial Officer Conference Call Participants Saket Kalia – Barclays Sterling Auty – MoffettNathanson Andrew Nowinski – Wells…
Okta, Inc. (NASDAQ:OKTA) Q2 2024 Earnings Conference Call August 30, 2023 5:00 PM ET Company Participants Dave Gennarelli – Senior Vice President, Investor Relations Todd McKinnon – Chief Executive Officer and Co-Founder Brett Tighe – Chief Financial Officer Conference Call Participants Rob Owens – Piper Sandler Ittai Kidron – Oppenheimer Joe Gallo – Jefferies Adam…
Salesforce, Inc. (NYSE:CRM) Q2 2023 Earnings Conference Call August 30, 2023 5:00 PM ET Company Participants Mike Spencer – Executive Vice President, Investor Relations Marc Benioff – Chairman and Chief Executive Officer Sabastian Niles – President and Chief Legal Officer Brian Millham – President and Chief Operating Officer Amy Weaver – President and Chief Finance…
Napco Security Technologies, Inc. (NASDAQ:NSSC) Q4 2023 Earnings Conference Call August 29, 2023 11:00 AM ET Company Participants Patrick McKillop – Vice President of Investor Relations Richard Soloway – President and Chief Executive Officer Kevin Buchel – Executive Vice President and Chief Financial Officer Conference Call Participants James Ricchiuti – Needham & Company Matthew Pfau…
s-cphoto/iStock via Getty Images As Palantir Technologies (NYSE:PLTR) soared to $20, investors were warned to pump the brakes on the AI hype. The market for generative AI chips might be hot, but enterprise AI software is still in the development process and sales cycles take time. My investment thesis is much more Neutral on the…
Natali_Mis/iStock via Getty Images Certain medicines are so widely necessary that it is impossible to charge too much for them. Antibiotics and vaccines fall under this class. I never buy vaccine stocks, barring the rare exception, because I believe ROI may be poor for such companies. With that caveat, let us dig into HilleVax (NASDAQ:HLVX),…
franckreporter Investment updates Following a strong growth period since the June publication, Patterson Companies, Inc. (NASDAQ:PDCO) has sold off sharply after posting its Q1 FY’24 numbers today. The company now sells roughly $3/share off its opening price on 30th August, and there’s no saying where it could bottom based on the rapid liquidity vacuum. You…
RomoloTavani/iStock via Getty Images Flexible Solutions International, Inc. (NYSE:FSI) appears poised to take off in the near future. Despite not living up to the latest earnings report projections, FSI’s CEO Mr. Daniel B. O’Brien remains optimistic about their growth. After all, FSI’s Energy and Water Conservation product sales increased 16% this quarter. And while they…
pidjoe NextEra Energy Partners (NYSE:NEP), once a high-flying dividend stock, has seen its stock price languish amidst higher interest rates. With the stock yielding nearly 7%, dividend investors may be wondering if it is time to “back the truck up” so to speak. Investors may be having trouble adjusting to the reality of the higher…
Drew Angerer Investment Thesis In my opinion, Dropbox, Inc. (NASDAQ:DBX) presents a strong buy opportunity for a variety of reasons. The company’s freemium business model and focus on AI technology position it well to convert a large portion of its 700 million registered users into paying subscribers. The sustained trend of remote work, fueled by…
FinkAvenue/iStock Editorial via Getty Images Identifying attractive investment opportunities, without simply going for high momentum stocks and hoping that their high sales growth would be even better next year, involves a contrarian approach. That was the case with Oracle Corporation (NYSE:ORCL), which just three years ago was the ugly duckling of the cloud sector that…
Pgiam/iStock via Getty Images Investment updates Since the last publication, shares of Ultragenyx Pharmaceutical Inc. (NASDAQ:RARE) have failed to catch a bid and pushed further to the downside. I rated RARE a speculative buy in February, and after a short snapback rally, it sold off quickly following its Q2 numbers and amid the broad selloff…
Vera Bradley, Inc. (NASDAQ:VRA) Q2 2024 Earnings Conference Call August 30, 2023 9:30 AM ET Company Participants Mark Dely – Chief Administrative Officer Jacqueline Ardrey – President & CEO Michael Schwindle – CFO Conference Call Participants Joe Gomes – Noble Capital Eric Beder – SCC Research Operator Good morning, ladies and gentlemen. Thank you for…
metamorworks A Quick Take On Weave Communications Weave Communications, Inc. (NYSE:WEAV) reported its Q2 2023 financial results on August 2, 2023, beating both revenue and EPS consensus estimates. The firm provides a suite of communications software and related payment solutions to healthcare organizations. I previously wrote about Weave with a Hold outlook on a lower…
Kobus Louw/E+ via Getty Images It’s been a little more than five months since I last droned on about the fact that investors in John Wiley & Sons Inc. (NYSE:WLY) are taking on more risk while being paid less in an article with the mind-blowing original title: “John Wiley & Sons: Taking on More Risk,…
Editor’s note: Seeking Alpha is proud to welcome Bondy Investing 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 » SolStock/E+ via Getty Images Thesis AppLovin Corporation (NASDAQ:APP) is…
LazingBee/iStock via Getty Images It was five years ago in September of 2018 when I wrote this article Equity CEFs: Peak Insanity? when the markets were at their year-to-date highs and I was calling out the number of equity CEFs I followed that were at premium valuations even while the threat of lower liquidity and…
onurdongel/E+ via Getty Images Investment Thesis Corporacion America Airports (NYSE:CAAP) is a leading global private airport operator, currently operating 53 airports in 6 countries across Latin America and Europe (Argentina, Brazil, Uruguay, Ecuador, Armenia and Italy). They operate some of the largest and most important airports in the countries they are present. In 2021, their…
deliormanli If only the human body could handle trauma as well as biotechnology stocks do. – Alex Berenson. The biotechnology sector has been a hotbed of innovation with companies in the industry pushing the boundaries of medical and scientific research. On the surface, it’s a part of the market that one would think could have…
OpenAI revealed that since the launch of ChatGPT nine months ago, it has been adopted by more than 80% of Fortune 500 companies. OpenAI is poised to generate over $1 billion in revenue over the next 12 months, a projection that is reportedly well out of the scope of what was previously shared with shareholders….
Scott Olson Shake Shack (NYSE:SHAK) is a popular, growing hamburger joint. That said, it is my premise that the share price is far out of line with the fundamentals of the business and future prospects and, despite recent losses in the share price, the stock is trading at such elevated multiples it will be hard…
With a robust operational history and an efficient Ethereum Virtual Machine launched earlier this year in April, EOS has established itself as a trusted platform for developers in the crypto industry. The EOS Network Foundation (ENF) has secured regulatory approval for the trading of EOS tokens on regulated cryptocurrency exchanges in Japan. The Japan Virtual and…
Andranik Hakobyan Listen below or on the go on Apple Podcasts and Spotify This is an abridged transcript of the podcast. Our top story so far – The parade of soft economic data continues, giving the market more confidence that the Fed has already reached the terminal rate. Second-quarter GDP was revised lower, down to…
Today, Bloomberg ETF analysts Eric Balchunas and James Seyffart raised their odds of a spot Bitcoin ETF approval by the SEC to 75% by the end of this year, and 95% by the end of 2024. “The chances of the SEC approving spot Bitcoin ETFs this year have risen from 75% from 65% following Grayscale’s court win,…
Patterson Companies, Inc. (NASDAQ:PDCO) Q1 2024 Earnings Conference Call August 30, 2023 8:30 AM ET Company Participants John Wright – Vice President, Investor Relations Don Zurbay – President and Chief Executive Officer Kevin Barry – Chief Financial Officer Conference Call Participants Jason Bednar – Piper Sandler Nathan Rich – Goldman Sachs Jeff Johnson – Baird…
In the evolving Bitcoin market, stories of missed opportunities and astonishing deals abound – however, few are as eye-popping as this sale from August 30, 2010. Unearthed by Bitcoin historian Pete Rizzo, a BitcoinTalk thread shows how an early Bitcoin user amassed 30,000 BTC, only to sell them for $0.03 each. Then sold below market…
Denis-Art/iStock via Getty Images This article discusses the recently reported results for Prospect Capital Corporation (NASDAQ:PSEC) and is a follow-up to the previous article comparing it to FS KKR Capital (FSK): Similar to last year, Prospect Capital has filed an NT 10-K indicating that the company and its auditor: “require additional time to complete the…
Erik Cason started his Bitcoin journey in 2012, setting in motion a trajectory that would lead him to working at Coinbase, where he spent four years democratizing access to Bitcoin. Cason’s time there inspired a path that meandered through the intellectual landscapes of cryptography, sovereignty and political implications surrounding this revolutionary technology. Today, Cason stands…
Andrii Yalanskyi The Invesco Preferred ETF (NYSEARCA:PGX) is a primarily financial exchange-traded fund, or ETF, exposed to preferred shares. Duration is a consideration with preferred share ETFs, which means the situation with rates and their likely evolution will be critical. We think that long-term interest rates could remain elevated to a degree where current preferred…
As TinyTap looks to the future, the company is gearing up for the second phase of its AI strategy. Set for a 2024 launch, the AI “Practice Anywhere” tools are poised to transform the way children reinforce their learning outside the classroom. TinyTap, a pioneering subsidiary of Animoca Brands in the field of educational technology,…
StockByM/iStock via Getty Images In line with my prior coverage, Indian stocks have been on a tear in recent months, raising concerns about whether a breather may finally be overdue. To some extent, the rise has been driven by a P/E multiple re-rating, as disinflationary pressures pull forward monetary easing prospects. But earnings growth has…
A tighter labor market and lower jobs opening shows that inflation pressure continue. Companies are adopting a cautious before the Fed’s September meeting. After a strong rebound this year on Wall Street, the month of August has proved to be the worst so far in 2023. However, on Wednesday, August 30, global equities market edged…
Konoplytska LEG Immobilien (OTCPK:LEGIF) has reported a resilient operating performance and its share remain cheap, being an interesting value play within the European real estate sector. As I’ve covered in previous articles, one value play that I like within the German residential sector is LEG Immobilien, as the company has strong fundamentals and is well…
The recent decision by the Bank of England (BoE) to increase interest rates has further compounded the issue of declining home sales in the UK. The UK housing market, which has been known for its resilience and fluctuating dynamics, is experiencing a significant downturn in demand for homes. In a recent revelation, Zoopla, a prominent…
May Lim/iStock via Getty Images Ares Capital Corp (NASDAQ:ARCC) and Blue Owl Capital Corp (NYSE:OBDC) are both blue chip Business Development Companies that offer 10%-12% dividend yields. In this article, we compare them side by side and offer our take on which is the better buy right now. OBDC Stock Vs. ARCC Stock: Balance Sheet…
Meanwhile, Binance Japan will also be looking to leverage the country’s revised Payment Services Act. Under the Act, stablecoins backed by legal tender are recognized as an “electronic payment method”. Binance Japan has presented its domestic expansion plans in an online business meeting. Country head, Mr. Tsuyoshi Chino, shared insights into the company’s strategy and…
HAKINMHAN Introduction As a new investor, I’ll admit I got caught up in chasing yields like a lot of dividend investors do. I was one of those guys who saw a shiny object and ran towards it. That shiny object was the dividend yield. My goal was to build a huge stream of income from…
The termination of this partnership occurred without any announcement, and despite efforts from various news outlets, attempts to gather information from sources have yielded limited results. Robinhood and Jump Trading have ended their years-long relationship, based on a news by Coindesk. According to the report, on-chain data revealed that the partnership ended in July. Jump…
dikushin/iStock via Getty Images Co-authored with Treading Softly. When it comes to building a portfolio, it can usually be divided into two types of portfolio designs. The first is someone who focuses solely on having quality investments. They will have very few holdings, but every single one of them, they will believe, has diamond-like qualities….
By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them. Stablecoin issuer Circle has partnered with retail giant Mercado Libre to bring the USD Coin (USDC) to Mercado Pago. According to Circle CEO Jeremy Allaire, this…