DarioGaona/iStock via Getty Images Atai Life Sciences (NASDAQ:ATAI) has been making great progress in advancing several drugs from its pipeline on multiple fronts. In particular, it is advancing a clinical candidate known as RL-007 for the treatment of patients with cognitive impairment associated with schizophrenia, in an ongoing phase 2b study. Top-line results from this…
Elena Bionysheva-Abramova It was a mediocre Q2 Earnings Season for the Gold Miners Index (GDX), with the record average realized gold price offset by continued inflationary pressures (labor, contractors, and some consumables) plus one-time headwinds (weather, strikes) that diluted any expected margin expansion. Fortunately, Karora Resources Inc. (OTCQX:KRRGF) was one name that bucked this trend,…
Cindy Shebley/iStock Editorial via Getty Images Intro Winnebago Industries, Inc. (NYSE:WGO), based in Minnesota, has been making recreational vehicles since 1958. They generated around $5 billion in revenue as of 2022. In recent years, they expanded into towables, accounting for 83% of their RV unit volume. They also ventured into boating and acquired companies like…
naphtalina/iStock via Getty Images Investment briefing Establishment Labs Holdings Inc. (NASDAQ:ESTA) continues to sell within a range that’s held tight for the past 2-years. Following the firm’s Q2 numbers, it reversed sharply to the downside, catching the bottom end of this range, as seen in Figure 1. Since the June publication, it has sold off…
PeopleImages/iStock via Getty Images Introduction Founded in 2008, BioNTech (NASDAQ:BNTX) is a global immunotherapy leader, pioneering mRNA vaccines, gene therapies, and targeted antibodies. Their portfolio includes the COVID-19 vaccine Comirnaty and numerous research initiatives. Their growth in 2022 solidified their leading role in modern therapies. In my previous analysis, I highlighted that BioNTech, despite declining…
Olivier Le Moal The Q2 Earnings Season was a disappointing one for the gold sector, with the record average realized gold price being offset by inflationary pressures plus one-time headwinds for several producers. The result was that we saw minimal margin improvement for most companies, and FY2023 all-in sustaining cost margins should come in nearly…
ryasick There Is No Moat Around TDOC’s Telemedicine Investment Thesis We previously covered Teladoc (NYSE:TDOC) in February 2023, discussing how its supposedly blockbuster 2020 Livongo acquisition worth $18.5B had drastically underperformed against the 2015 BetterHelp acquisition worth $4.5M. The overpriced diabetes/ remote monitoring deal had also resulted in a drastic share dilution, with the management…
Pgiam/iStock via Getty Images Almost two years ago, I recommended buying ABM Industries (NYSE:ABM) for its reliable growth trajectory and its cheap valuation. Since my article, the stock has remained flat, having traded within a tight range. Such a trading pattern usually exhausts investors, leading them to sell their shares and look elsewhere for attractive…
dgdimension Technip To Hold Its Ground I have been discussing Technip Energies N.V. (OTCPK:THNPY) in the past, and you can read the latest article here. The company’s outlook has brightened following the continued involvement in the second phase of Qatar NFE’s LNG expansion project. It is also involved in similar projects in the Americas and…
Kagenmi The U.S. economy has surprised many with its resiliency, despite aggressive rate hikes by the Fed. Alex Gorewicz, Portfolio Manager, Active Fixed Income at TD Asset Management, looks at whether recent data may suggest signs of economic softness are emerging. Transcript Greg Bonnell: The economy is showing some signs of slowing as central banks…
Galeanu Mihai In this article, we catch up on Q2 results from the Business Development Company Fidus Investment (NASDAQ:FDUS). FDUS trades at a total dividend yield of 14.9% and a 101% valuation. The company is focused on the lower middle-market segment with EBITDA in the range of $5-$30m, in contrast to the larger BDCs like…
This is an opinion editorial by L. Asher Corson, a partner at UTXO Management. As a Bitcoin Maximalist, I love Ordinals. Other Maximalists should also consider loving Ordinals, as they demonstrate Bitcoin’s superiority in ways not previously possible. Ordinals enable functionalities that undermine the need for other blockchains to even exist. The use cases that…
gorodenkoff/iStock via Getty Images Investment Thesis Veeva Systems’ (NYSE:VEEV) fiscal Q2 2024 results delivered fiscal 2025 guidance that was in line with its previous expectations. Meaning that its most recent quarter didn’t surface any negative news. While I don’t consider the stock to be particularly cheap, I have to say, that Veeva continues to grow…
Quanex Building Products Corporation (NYSE:NX) Q3 2023 Earnings Conference Call September 1, 2023 11:00 AM ET Company Participants Scott Zuehlke – Senior Vice President, Chief Financial Officer and Treasurer George Wilson – President and Chief Executive Officer Conference Call Participants Steven Ramsey – Thompson Research Group Julio Romero – Sidoti and Company Operator Good day…
Hitman h/iStock Editorial via Getty Images Investment Thesis MGM Resorts International (NYSE:MGM) is a leading hospitality and gaming company with a diverse portfolio of properties, both domestically and internationally. The company has amassed over 40 million loyal customers through its Rewards program. In addition, MGM has a long-term partnership with Marriott International (MAR), which gives…
CreativeNature_nl I first recommended purchasing National Fuel Gas (NYSE:NFG) in the spring of 2020. Since my article, the stock rallied up to 80% within two years. The stock has incurred a 25% correction in the last 12 months due to the plunge in the price of natural gas this year but still it has offered…
Nikada/iStock Unreleased via Getty Images “The real problem is not whether machines think but whether men do.” – B. F. Skinner. Technology is eating the world, but the world isn’t just the U.S. I’ve increasingly been warning that Technology is vulnerable to a correction given just how crowded is when it comes to U.S. markets….
The exchange recently partnered with blockchain platform Neo to bring its APAC Hackathon to the southern city of Bengaluru in an effort to understand the local culture and support the Web3 ecosystem. Global cryptocurrency exchange OKX has announced that it will be expanding to India despite the murky regulatory environment in the country. In an…
onurdongel EQT Corporation (NYSE:EQT) management has a lot of accomplishments to their credit. This management is a huge improvement over what came before they arrived. However, one of the challenges this management faces is getting better prices for natural gas production. The reason is that midstream transportation contracts are long-term and therefore take time to…
The accusations of vote-buying and manipulation have added complexity and uncertainty to the Genesis bankruptcy case. Bankrupt crypto lender Genesis Global Capital (GGC) is facing new charges from creditors that the proposed $175 million transaction with the insolvent FTX exchange is an attempt to manipulate the bankruptcy process through vote buying. These allegations, made in…
buzbuzzer Alpine Income Property Trust, Inc. (NYSE:PINE) is a small cap REIT that owns and operates a portfolio of single-tenant net leased retail properties. The company model is not dissimilar to the earlier version of Realty Income (O). O has a market cap of $39.8 billion, while PINE has a market cap of $261.9 million,…
August saw the crypto industry lose around $24 million in virtual assets due to various hacks and exploits. On August 30, Ivan Bianco, a prominent blockchain gaming-focused YouTuber known for his channel “Fraternized Crypto,” faced a devastating loss of approximately $60,000 in cryptocurrencies during a live stream. This unfortunate incident occurred when he inadvertently revealed…
jetcityimage Research Brief In today’s analysis, I will be covering Regions Financial (NYSE:RF), which is in the banking sector, and regional banking subsector. Since may last coverage of this stock in June, when I gave it a buy rating, the share price has gone up by 1.92%. Regions Financial – price increase since last rating…
Despite its slender battery, the company claims that the Magic V2 can deliver approximately 14 hours of continuous video playback when unfolded. Honor has introduced its flagship foldable smartphone, the “Honor Magic V2”, as part of its strategy to enter the international market, particularly in Europe and other regions, by the first quarter of 2024….
8vFanI The Fed’s rate-rising program has increased borrowing costs for businesses and consumers over the past year. Wouldn’t it be great to benefit from this rising rate environment? You can, via the Business Development Company industry. BDCs lend money to privately held companies of various sizes, most of whom also are sponsored in a much…
Bitcoin continues to show weakness as the BTC price can move towards $24,000-25,000 as it goes to test the 200-week EMA once again. On Thursday, August 31, the world’s largest cryptocurrency Bitcoin plummeted by more than 4.5% with its price slipping under $26,000, losing all the early week gains after the Grayscale court ruling. The…
PM Images I wrote an article about Prospect Capital (NASDAQ:PSEC) on July 7 (article can be read by clicking here) as its valuation had gotten very interesting. In the article, I indicated that I wanted to wait until their fiscal Q4 earnings were released so I could see some additional data prior to starting a…
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surprising move, Bitwise, an asset management company based in San Francisco, has decided to withdraw its application for the Bitcoin (BTC) and Ethereum (ETH) Market Cap…
iantfoto Realty Income Corporation (NYSE:O) is by far the most popular real estate investment trust, or REIT, on Seeking Alpha. It has over 223,000 people following the company, with many new bullish articles come out every week. But despite this popularity, the company’s share price has recently crashed and it is now priced at a…
Taking advantage of this environment, HashKey Exchange became the first crypto firm in the city to obtain a license under the new licensing regime last month. HashKey Capital, the investment arm of Hong Kong-based financial services firm HashKey Group, has announced the launch of a secondary market crypto fund focused on investment in altcoins. The…
Andres Victorero Co-authored with Treading Softly. There’s a famous parable that was told of a man who attempted to plant seeds and cultivate them. He scattered them on all sorts of different kinds of ground. Some seeds were successful initially but then failed. While some seeds were successful and bore abundance, there were some areas…
The Crypto Travel Rule was created by the UN’s Financial Action Task Force (FATF) in June 2019 as a measure to prevent illicit actors from laundering money through cryptocurrencies. Commencing today, September 1, a new regulatory requirement is now in effect for cryptocurrency-related enterprises operating within the United Kingdom. This crypto rule was initially introduced…
Hispanolistic Investment Thesis Lithia Motors Inc. (NYSE:LAD) stands as a formidable player in North America’s automotive retail landscape, with a diversified business model that spans three key segments: Domestic, Import, and Luxury. This diversification not only broadens its customer base but also serves as a hedge against market volatility. Beyond mere vehicle sales, Lithia offers…
With Samsung winning the position of a competitor against SK Hynix, Nvidia will have more options when it comes to chip supply and stop relying on SK Hynix as a sole provider. South Korean multinational electronics giant Samsung Electronics Co has reportedly won the right to supply advanced memory HBM3 chips to the world’s leader in…
pixdeluxe It may sound weird to someone but technology looks like an island of safety so far in 2023. The rapid development of AI initiated a new technology cycle, which brought iShares U.S. Technology ETF (NYSEARCA:IYW) up by 40% since the beginning of the year and showed how much investment and interest innovation can attract….
Historically, the United States has relied on other countries for battery materials and components. However, a growing number of automakers and battery manufacturers are announcing plans to establish battery production facilities within the United States. The US Department of Energy (DOE) recently unveiled a $15.5 billion funding and loan package as part of President Biden‘s…
skynesher Yesterday, NN Group NV released its H1 financial release (OTCPK:NNGPF) (OTCPK:NNGRY). Wall Street positively reacted to the quarterly performance, and NN Group was up by 10%. Here at the lab, we have a good grip on the EU insurance business, and this year, we have already reported twice about the Dutch insurance company. Following…
Lululemon Athletica announced a revenue of about $2.2 billion, up approximately 18 percent compared to the same time last year. Canadian multinational athletic apparel retailer Lululemon Athletica Inc (NASDAQ: LULU) released its Q2 2023 financial results and the full-year outlook on Thursday. According to the announcement, the company’s operations continued to strengthen during the second…
whitebalance.oatt At first glance, this may seem like the perfect time to buy Shopify (NYSE:SHOP) stock. The company appears to have addressed its main bearish thesis through its resolution with Amazon’s (AMZN) Buy With Prime. The company has been able to deliver accelerating GMV growth on top of their price increases, leading to incredible revenue…
IBM said that simplicity will play a crucial role in the initial adoption of Digital Euro, emphasizing that familiarity strengthens this process. As we know, the European Union has been working on its own central bank digital currency (CBDC) aka Digital Euro, and has been receiving consultations from global tech players. Tech giant IBM has…
Parradee Kietsirikul Investment Action Based on my current outlook and analysis of Autodesk’s (NASDAQ:ADSK) 2Q23 earnings, I recommend a buy rating. I expect ADSK to continue growing in the low teens in the near term as it continues to leverage its pricing power and capture volume from growth in end-markets. While the uncertainty within its…
Amazon will release an application on the Shopify ecosystem to enable US-based Amazon merchants to add Buy with Prime into their Shopify Checkout. Shopify Inc (NYSE: SHOP) shares closed Thursday, end of August 2023, trading at $66.49, up 10.80 percent from the day’s opening price. Yesterday’s gains cemented Shopify’s impressive performance YTD, fueled by heightened…
Fahroni/iStock via Getty Images The first half of 2023 has seen the US economy dispel recession fears with most companies registering two quarters of growth. This surge has been spearheaded by a strong labor market and high consumer spending. In the agricultural scene, food prices are expected to grow 5.9% (YoY) in H2 2023 and…
While the sum involved in this sanction violation might appear insignificant, it highlights the industry’s ongoing struggle to prevent breaches following global geopolitical events. British financial technology giant Wise Plc (LON: WISE) has found itself entangled in controversy after unintentionally allowing an individual on the Russian sanctions list to withdraw money. The Office of Financial…
Sakibul Hasan Investment Thesis Elastic (NYSE:ESTC) is a stock that hasn’t recovered since its Covid heydays even as many of its peers have now started to recover. In fact, in the past year, Elastic has underperformed its peers, as you can see below. Data by YCharts Elastic had been left for dead. However, it appears…
onurdongel While gloom besets China’s property sector and analysts warn of deflationary pressures, one area that so far seems immune from the economic malaise is domestic tourism. The sector’s surprising resilience has brought cheer to the travel industry, which was shattered for much of the last three years by Covid lockdowns and a severe curtailing…
choness/iStock via Getty Images Investment Overview Health Savings Accounts (“HSAs”) are tax-advantaged medical savings accounts, available to taxpayers in the US who are enrolled in a high-deductible health insurance plan (“HDHP”). Contributions to HSAs aren’t subject to income tax, and the earnings in the account grow tax-free. Money can be withdrawn at any time to…
Wipada Wipawin/iStock via Getty Images By Jason Pratt Insurers have time to wait for better valuations. Our bias for insurance portfolios favors shorter-tenor fixed income currently, ideally taking advantage of enhanced carry and providing insulation from the evolution of the credit cycle. However, assuming we are nearing peak policy tightening, it’s only natural to ask…
This article was written by Tom Hayes is Founder, Chairman and Managing Member of Great Hill Capital, LLC (a long/short equity manager based in New York City). He started Hedge Fund Tips as a platform to share actionable insights, tips and research for investors/traders to benefit from – based on what he has learned in…
This article was written by Charles Rotblut, CFA is the editor of the AAII Journal, the flagship publication of The American Association of Individual Investors (AAII). Charles provides both insight about individual investor sentiment and market analysis. He is also the author of “Better Good than Lucky: How Savvy Investors Create Fortune with the Risk-Reward…