tadamichi Q3 2023 Performance In Q3 I returned +7.9% versus -3.0% for the S&P 500 (SPY). In 2023, I’ve returned +21.1% versus +13.4% for the index. I’ve gone from a fairly large underperformance to a sizable outperformance. My performance in Q3 was driven by, well, pretty much everything I owned other than Dole. I sold…
Zoom Video Communications, Inc. (NASDAQ:ZM) Zoomtopia Investor Q&A Call October 3, 2023 3:00 PM ET Company Participants Tom McCallum – Head of Investor Relations Wendy Bergh – General Manager, Online Business Mahesh Ram – Head of AI Applications Kelly Steckelberg – Chief Financial Officer Conference Call Participants Siti Panigrahi – Mizuho Securities Michael Turrin –…
guvendemir On the 30th of September, the financial year 2023 ended for the Department of Defense. As usual, the conclusion of the financial year also brought a last-minute surge in defense contract awards, many of which have also been covered by the Seeking Alpha news team. In this report, I will be analyzing the financial…
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…
Iurii Garmash Investment Rundown Investing in the natural gas business I think will remain very appealing for decades to come. There is a push towards renewables, but it’s not fast enough to push aside companies like ONE Gas Inc (NYSE:OGS). The company still has a strong asset base and customers are expected to grow further…
Johnce/E+ via Getty Images Like most tech stocks over the past month, Airbnb (NASDAQ:ABNB) has lost some of the wind in its sails as interest rate expectations have continued to creep up. And while it’s difficult to justify investing in barely-profitable tech stocks when risk-free interest rates are yielding 5%, it’s also a great time…
Michael Buckner/Getty Images Entertainment Investment Thesis Patrick Industries (NASDAQ:PATK) was one of the major beneficiaries of the COVID-19 pandemic, as the demand for recreational vehicles surged. The stock price more than doubled between 2019 and 2021, but in 2022, PATK’s investors faced a lot of pain. Over the last twelve months, the stock price demonstrated…
marchmeena29 BRK is still attractive despite near-record price Berkshire Hathaway (NYSE:BRK.B) (NYSE:BRK.A) is a holding in our model portfolio (which is also our real-money portfolio), and we provide regular updates to our investing group members as part of our service. As a result, we receive regular questions and comments from our group members on the…
andresr/E+ via Getty Images The Company Rush Enterprises, Inc. (NASDAQ:RUSHA) is a $3.3 billion market cap company that operates as a retailer of commercial vehicles and related services in the United States and Canada. They have a network of commercial vehicle dealerships known as Rush Truck Centers, where they primarily sell vehicles from manufacturers like…
Last week, PayPal, alongside their infrastructure partner Paxos, announced an integration of their PYUSD stablecoin product with Venmo, one of the largest mobile financial applications on the market. With over 78 million users, Venmo is currently one of the largest platforms for purchasing, selling, and transacting bitcoin. As the extended digital asset realm continues to…
gremlin/E+ via Getty Images Realty Income Corporation (NYSE:O) is perhaps the most popular blue-chip real estate investment trust, or REIT, that pays a monthly dividend for income-thirsty investors. We have been closely watching the stock looking for a tactical entry point for long-term investment. Let us say that this stock offers investors an attractive current…
Andrii Yalanskyi/iStock via Getty Images ETF Snapshot The Vanguard Dividend Appreciation ETF (NYSEARCA:VIG) is a 17-year-old passively managed ETF, with $66bn in AUM, that focuses primarily on large-cap US stocks that have grown their dividends annually for at least 10 straight years. Once the initial screening mechanism is done, the top 25% of these names,…
da-kuk Summary Converge Technology Solutions (TSX:CTS:CA) is an information technology services provider, providing integrated hardware and software solutions to mid-market enterprises. The majority of its revenue is generated from value added reselling of hardware and software solutions, with the remainder coming from professional services. CTS has achieved most of its incredible growth through acquisitions, but…
Unchained, a leading bitcoin financial services provider, has expanded its collaborative custody network with the addition of Coincover, a company known for protecting and insuring over 5 million crypto wallets, according to a press release sent to Bitcoin Magazine. This move aims to bolster the security of Unchained’s collaborative custody product, which now secures over…
AleMasche72 Introduction Caterpillar (NYSE:CAT) stock has experienced a run-up of nearly 14% year-to-date due to really strong top and bottom line growth. In this series, I evaluate whether a company is worth owning for the long term based on the 10-bagger rating list below. Hence, I will be going through the fundamentals of Caterpillar’s operations,…
Community is crucial and that never has been clearer to me than it was this last month, as wildfires claimed 10,000 hectares of the area around my home, leaving many people with nothing except the clothes they were wearing when they escaped. At its peak, our fire was being fought by firefighters from all over…
Flashpop/DigitalVision via Getty Images Airbnb, Inc. (NASDAQ:ABNB) stock continues to trade at rich valuations as Wall Street is too focused on the impressive profit margins. ABNB has benefitted from organic search traffic, giving it a sizable boost to profitability relative to other online travel agencies. ABNB has a significant net cash position, again in stark…
tumsasedgars/iStock via Getty Images Investment Thesis The Electronic Data Interchange (‘EDI’) industry is positioned to benefit immensely from structural trends in supply chain operations and data analytics for businesses globally. Despite a fragmented competitive field, a few firms rise to the top, with SPS Commerce (NASDAQ:SPSC) top of the heap in my view. EDI Defined…
It remains unclear whether the Orama purchase will directly result in the development of crypto-related products and services at BTG Pactual. Banco BTG Pactual SA Unit (BVMF: BPAC11), Brazil’s biggest investment bank, recently announced it has acquired 100% of the share capital of Orama DTVM, a prominent independent distributor for R$500 million (worth about $99…
RHJ Investment Thesis Yellow Cake (OTCQX:YLLXF) is an investment vehicle focused on uranium, with its primary listing in the UK. I have covered the stock many times in the past, and those articles can be found here. The stock together with other uranium equities, represented by the Sprott Uranium Miners ETF (URNM) in the chart…
The news of the deep fake videos comes as the daughter of late comedian Robin Williams expressed her displeasure at AI-generated recreations of her father’s voice. Actor Tom Hanks has publicly denounced a deep fake video of himself promoting a dental plan. Hanks took to Instagram to warn his 9.5 million Instagram followers not to…
bobainsworth/E+ via Getty Images The U.S. dollar cost of a euro (EUR:USD) dropped below $1.0500 again today. Yes, the U.S. dollar dropped below $1.0500 in December 2022, but doubts had crept into the fact that the dollar was trading so strongly. However, we are back in a period of time where many, many investors see…
Yesterday marks coming up to the finishing line after almost four years of work. Assumeutxo was merged into the Bitcoin Core master branch by Andrew Chow yesterday. This is the first major non-consensus update to the Bitcoin reference implementation in quite a while, and is going to have a lot of interesting implications for users…
mouu007 Despite a challenging market environment over the last several months, we closed out another exciting quarter. My diversified All-Weather Portfolio (“AWP”) declined by fewer than 3%, bettering the Nasdaq’s performance and the S&P 500’s. Moreover, the AWP’s diversified stock and the ETF segment declined by only 1% once covered call premiums were factored in….
ApeX is celebrating the launch of the Telegram bot by introducing a referral campaign. ApeX Protocol, a multichain decentralized derivatives protocol has introduced a Telegram bot dubbed ApeX Bot. According to a Press Release shared with Coinspeaker, ApeX Bot is designed to facilitate seamless derivatives trading transactions. Notably, this is the first-ever layer-2 Decentralized Exchange…
EyeMark Today’s analysis examines Alpine Income Property Trust, Inc. (PINE). As a real estate investment trust, or REIT, Alpine makes for an interesting analysis, given the recent volatility of that asset class. Although much of the REIT’s prospects are systemic, Alpine possesses various idiosyncratic features that we believe could come into play in the final…
Being the largest US retailer, Walmark will boost the popularity of Pudgy Penguins by offering a variety of 16 Pudgy Toys, priced from $2.99 to $11.97. The weekly trading volume of the prominent NFT project, Pudgy Penguins, experienced a significant surge after its collaboration with the retail giant Walmart. Between September 24 and October 1,…
Daniil Dubov X-FAB (OTCPK:XFABF) is a leading semiconductor foundry based in Europe, specializing in the production of high-voltage chips tailored to meet the unique requirements of its clients. The company has strategically pivoted away from the consumer sector and refocused its efforts toward serving the automotive, industrial, and medical markets. The company has six fabs…
Celsius Network filed for Chapter 11 bankruptcy protection in April 2022, hoping to restructure its debt and find a buyer for its assets. Celsius Network, the bankrupt crypto lending company, has taken a significant step forward in prioritizing the needs of its creditors. The company is currently seeking court approval to efficiently distribute payments to its…
tiero/iStock via Getty Images Sleep well at night, stocks are few and far in between and are to be accumulated when they become attractive in price. Such may be the case with Terreno Realty (NYSE:TRNO), which I last covered with a ‘Buy’ rating here back in February, highlighting its high cash rent spreads in coveted…
Lawyers representing the investors submitted a notice of voluntary dismissal of the lawsuit against Terraform Labs and Do Kwon in the United States District Court for the Northern District of California. The class-action lawsuits against Terraform Labs and its co-founder Do Kwon alleging fraud, were abruptly withdrawn, leaving the reasons undisclosed. Terraform Labs, renowned for…
Feverpitched A recession is when your neighbor loses his job. A depression is when you lose yours.” – Ronald Reagan The problem with recessions is they are difficult to forecast, except after the fact. This is why the National Bureau of Economic Research or NBER usually doesn’t officially tag when a recession started until 6-12…
The US Treasury Yield has reached levels not seen since 2007 thereby denting the demand for riskier assets such as Bitcoin and altcoins. After a strong start to October and Q4 2023, Bitcoin (BTC) price has dropped by 3% in the last 24 hours moving under $28,000. This happened amid some profit-taking as well as…
MicroStockHub/E+ via Getty Images By Levi at Elliott Wave Trader; produced with Avi Gilburt Way back now almost 2 years ago, we began to warn of issues developing within the banking system. Specifically regarding (NYSE:WFC), Avi wrote this article last December, “Is Your Bank Safe? A Look At Wells Fargo”. Since that article was published,…
By mid-day, the ETFs had seen less than $2 million in trading volume. According to the analyst, this was “about normal” for a new ETF but low when compared to BITO, the first Bitcoin futures ETF, which did $200 million in the first 15 minutes of trading. The highly anticipated launch of nine new Ethereum…
Marje Investment thesis I don’t usually like to own cyclical businesses and try to look for those who perform well in as many economic environments as possible. I am making the exception with NVR, Inc. (NYSE:NVR) because of its high returns on capital, increasing margins, and impressive business model. As I will show in this…
The suit is demanding monetary damages, court costs and the remission of ill-gotten gains based on seven counts. Binance.US and Binance CEO Changpeng Zhao have both been slammed with a class-action suit. The suit was filed in the District Court of Northern California by a resident of the US state simply identified as Nir Lahav….
Dzmat/iStock via Getty Images Infinera Corporation (NASDAQ:INFN) has established itself as a significant player in modern communication technology, providing advanced networking solutions to diverse clients. Its strategic positioning and innovative product offerings have led to a steady revenue growth of 12.50% CAGR since 2013 and a commendable enhancement in EBIT margins. I believe INFN’s ability…
A substantial group of Evergrande’s offshore creditors is considering joining a liquidation court petition against the developer if it fails to submit a new debt restructuring plan by the end of October. The embattled Chinese property developer Evergrande witnessed a substantial surge in its shares as trading resumed in Hong Kong following a brief suspension…
andresr/E+ via Getty Images Chatham Lodging Trust (NYSE:CLDT) has carved a niche in the upscale, extended-stay hotel sector with a diverse portfolio of 39 hotels. The company’s financial performance and strategic choices underscore its resilience against industry headwinds and adaptability to market shifts. While CLDT has leveraged debt to fuel its growth and acquisitions, I…
Visa considers itself a pioneer in AI usage in payments. Reports suggest that the company sees the funding initiative as a chance to maintain its leadership in using AI. Payment giant Visa has launched a $100 million funding initiative for generative AI startups building products that will determine the future of commerce and payments. Visa’s…
Witoon Pongsit/iStock via Getty Images Roughly one year ago, I wrote on First Watch Restaurant Group (NASDAQ:FWRG), noting that the company’s strong traffic performance relative to peers was encouraging, and that the stock was a name worth considering on any pullbacks below $13.50. Since bottoming at $13.30 in December, the stock is up over 34%…
Kenya’s parliamentary committee has advised Kenyan authorities to take action by shutting down Worldcoin’s virtual platforms and conducting a thorough investigation into the company. The iris biometric cryptocurrency project Worldcoin has recently come under the scanner as the parliamentary committee of the government in Kenya is now investigating the project. The committee has asked regulators…
grandriver Transocean (NYSE:RIG)’s stock is struggling to get past the $9 resistance line. But if everything goes the way it is going now, then the stock may trade well in the double digits as soon as this year. In fact, some analysts expect the stock price to triple in the next 36 months. I think…
As JPMorgan’s CEO has stated, the company has already found more than 300 use cases for AI. The applied AI initiatives include virtual assistants, anomaly detection, news analytics, quantitative client intelligence, smart documents, intelligent pricing, and more. On Monday, JPMorgan Chase & Co (NYSE: JPM) CEO Jamie Dimon had an interview with Bloomberg TV where he…
AntonMatveev/iStock via Getty Images Investment Thesis Applied Industrial Technologies (NYSE:AIT) financials are outstanding and are exhibiting an uptrend, however, with the lack of revenue growth and little margin improvement going forward, the company is slightly expensive for a new investor’s portfolio and would like to see a pullback sometime in the future. Briefly on the…
The downtime for the Tesla factory upgrades caused the decline in production and deliveries of electric vehicles in the third quarter compared to the second and first quarters. Tesla Inc (NASDAQ: TSLA) shares closed Monday trading at $251.60, up 0.55 percent from the day’s opening price. The slight gain added to the impressive YTD performance…
DKosig The JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI) compiled by S&P Global, signalled a largely stalled factory sector in September, the PMI registering 49.1 compared to 49.0 in August. The latest reading indicated a marginal deterioration in business conditions for a thirteenth successive month. Europe continued to see the steepest downturn, followed by Japan,…
J Studios/DigitalVision via Getty Images Bottom Line Upfront Lockheed Martin (NYSE:LMT) is well valued and currently well postured for the future. However, for giants of this size, profiteering, budget overshoot and military equipment mishaps have led the Department of Defense (DoD) to prioritize small business initiatives. Recommendation for this article is hold for current shareholders…
ISAREE K TIMMS/iStock via Getty Images Direxion Daily S&P 500 Bear 3X Shares ETF (NYSEARCA:SPXS) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime….