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….
malerapaso The ETF market is constantly evolving to innovate new products to market to potential investors. YieldMax is juicing up the potential for income investors with its lineup of single stock options-based ETFs. With the moniker “Options For Your Income”, the family of funds covers several popular stocks such as Tesla (TSLA) and Apple (AAPL)….
DKosig The latest earnings results for banks include words like “record,” “outstanding,” and “doubles.” So far, 2023 has been a banner year for the sector, at least from an earnings perspective. But bank stock prices have yet to eclipse their previous highs. The KBW NASDAQ Global Bank Index, which tracks global banks, has barely grown…
JHVEPhoto/iStock Editorial via Getty Images Back in late January, I called Veeva Systems (NYSE:VEEV) one of the most attractive SaaS names out there, with an attractive valuation and one of the most recession resistant customer bases out there. Since then the stock is up about 17%, although it has given back some gain more recently….
Andrii Yalanskyi As a former hedge fund manager, I am constantly looking at new investment funds and strategies and I recently came across the FolioBeyond Alternative Income and Interest Rate Hedge ETF (NYSEARCA:RISR), which promises to hold a negative duration fixed income portfolio with a positive carry. After reviewing the fund’s strategy, I came away…
pcess609 81 Stocks in RIG/Rose’s Income Garden RIG = Rose’s Income Garden is meant to grow income and continues to do just that. The majority of the 81-stock portfolio is common stock, with some preferred shares and HY financials thrown in for diversity and of course, the income. It also was built with quality in…
Andrii Yalanskyi/iStock via Getty Images Thesis The Global X SuperDividend ETF (NYSEARCA:SDIV) is an equity exchange traded fund. The vehicle is catered towards retail investors seeking high dividends by aiming to invest in the highest dividend yielding equity securities in the world. The fund does this by seeking investment results that correspond to the price…
benedek/E+ via Getty Images For the first time in several months, I’m seeing some bargains beginning to appear in the market. Of course, I’m more conservative with purchases now that cash is paying 5%. In 2021, it made sense to chase mediocre deals. Missing out on a dividend or, even worse, missing a dividend raise…
ozgurdonmaz In our previous analysis, we determined that Apple Inc’s (NASDAQ:AAPL) success in the Chinese market in 2022 was due to its aggressive pricing strategy, which gave it an edge over Chinese rivals thanks to stronger profit margins. We believe this allowed Apple to cut prices more than competitors, boosting its competitiveness. Additionally, we believe…
sankai Written by Nick Ackerman. Real estate investment trusts (“REITs”) have been getting hit hard by higher yields as the Fed ramped up interest rates. Additionally, utility companies are being hit by the same thing. In fact, utilities are the worst-performing sector on a YTD basis by a wide margin. Other defensive sectors, such as…
Alexander Farnsworth/iStock Editorial via Getty Images Dear readers/followers, I’ve covered Boliden (OTCPK:BDNNY) a few times previously. I realize these articles are mostly underfollowed – but given that I’ve managed to get something of a 100%+ RoR from this company previously, I consider it valuable to continue covering it to be able to guide you when…
MoMo Productions Reason for the update: New clinical data readout The most recent clinical data from NewAmsterdam Pharma (NASDAQ:NAMS) has showcased the potential of obicetrapib in treating early Alzheimer’s disease (AD), specifically in patients with the apolipoprotein E4 mutation (ApoE4). Building upon the company’s previous preclinical studies and third-party genetic research, this trial explored the…
champc Commodities, as represented by the S&P GSCI, rose over 4% in September and 16% in Q3 2023. This highlighted the potential diversification qualities of this asset class, as equities and fixed income both fell during the month. Commodities’ low correlations to other asset classes can provide a cushion when other higher-allocated asset classes drop…
selamiozalp/iStock via Getty Images When bank economists get bearish, you know that data looks pretty dour. Kudos to Robert for candour in this interview. The chart below shows Canada’s real GDP (in blue since 2021) and the grim per capita reality (in yellow). Canadian consumer sentiment is negative for a reason: there are increasingly fewer…
Drew Angerer Christopher Mims writes in the Wall Street Journal, “AI Is About To Be Everywhere.” Mr. Mims writes, “Most of us will be using artificial intelligence soon enough. Those who don’t? They will be lumped in with the people who clung to the card catalog.” The future? “Soon, most of us will use tools…
primeimages The S&P 500 (Index: SPX) dropped 0.7% from its previous week’s close to end the third calendar quarter of 2023 at 4288.05. The main reason the market fell during the final week of 2023-Q3 is the developing consensus the Federal Reserve will hold interest rates higher for longer because inflation has not yet been…
Ridofranz/iStock via Getty Images Medical Properties Trust, Inc. (NYSE:MPW) has unveiled its financial and operational performance for the second quarter of 2023, painting a complex picture of strategic gains and fiscal deficits. This revelation comes against significant strategic moves, including new rent accruals and divestitures, aimed at refining its portfolio in the nuanced healthcare property…
heyengel When Carnival Corporation & plc (NYSE:CCL) Q3 2023 earnings hit late last week, the results broke a fourteen-month string of consecutive quarterly losses. To characterize the effects of COVID on Carnival as a headwind is a gross understatement. In fact, it was the financial equivalent of a Hurricane. In FY 2020, the company posted…
onurdongel Shares of International Paper (NYSE:IP) have been a solid performer over the past year, rising about 10%. In addition, they offer a fairly juicy dividend yield of about 5.2%. Its business has faced headwinds over the past year, but it appears to be in the process of bottoming. As such, I believe it is…
ilkermetinkursova Introduction PetMed Express, Inc. (NASDAQ:PETS) is a nationwide pet pharmacy that markets prescription and non-prescription pet medications, health products, and supplies for dogs, cats, and horses directly to the consumer. The company faces a number of challenges in the current competitive landscape, including competition from larger players, such as Chewy (CHWY), Walmart (WMT), and…
mikkelwilliam By Levi at Elliott Wave Trader, produced with Avi Gilburt While the (SPY) managed a meager +2% gain, in the same time frame Toyota (NYSE:TM) has run some 30%-plus. We talked about this setup back at the end of May in this article: Toyota Motor: Has It Lost That Loving Feeling?. Updated commentary on…
f11photo Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) is highly popular among income investors due to its high dividend yield of 9%, but I find this fund to be highly speculative in nature and possibly too risky due to many of its holdings, which I will explain below. The fund mainly invests in REITs…
vm Otis (NYSE:OTIS) emerged as a prominent elevator and escalator manufacturer following its spinoff from United Technologies in 2020. The company’s primary revenue stream comes from its service sector, which accounts for over half of its group revenue. This service division boasts significantly higher margins and exhibits stable organic growth. Otis aims for a modest…
Justin Sullivan Since July 2021, I have chronicled Gannett’s (NYSE:GCI) transformation from the nation’s largest newspaper operator into a digitally focused media and marketing solutions company, but very few investors have paid attention. The proof is in what has been abysmal stock price performance over the past two years, which begs the question, is this…
While the recent price surge brought joy to long-term investors and HODLers, short sellers are notably facing a different fate. On October 1, the crypto market witnessed spectacular price increases, with Bitcoin (BTC) exceeding $28,000 and Ethereum (ETH) surging past $1,700, prompting more than $70 million in short positions to be liquidated in a matter…
bodnarchuk Introduction Galiano Gold (NYSE:GAU) operates and manages the Asanko gold mine, or AGM, located in Ghana, West Africa, jointly owned with Gold Fields (GFI). Also, Galiano Gold owns the Asumura project indicated below (see map below). Note: Galiano is the joint venture operator and receives an annual service fee from the JV. Gold Fields…
Birkenstock confidently moves ahead with its IPO plans despite mixed performances of other listings in September. Goldman Sachs, JPMorgan, and Morgan Stanley shall be the underwriters for the IPO. Birkenstock, the renowned German premium footwear brand supported by private-equity firm L Catterton, has announced its intention to pursue a highly anticipated initial public offering (IPO)…
Kameleon007/iStock via Getty Images Why investors buy tobacco stocks… and why some don’t The tobacco industry is known for a lot of favorable investment attributes. Since you’re following British American Tobacco p.l.c. (NYSE:BTI), I probably can’t name one you don’t already know: High dividend yields, high gross margins, low P/E ratios, share buybacks, high returns…
While FTX customers remain optimistic about the future of cryptocurrency, their battle for compensation continues. As Sam Bankman-Fried (SBF), the former CEO of the defunct FTX exchange faces criminal charges, customers who lost significant sums in the debacle remain bullish on crypto. In a new CNBC documentary premiering later today, they share their experiences and…
sanjeri A Quick Take On Lexeo Therapeutics, Inc. Lexeo Therapeutics, Inc. (LXEO) has filed to raise $100 million in an IPO of its common stock, according to an SEC S-1 registration statement. The clinical-stage biopharma is developing treatments for various cardiovascular and Alzheimer’s conditions. When we learn more about management’s pricing and valuation assumptions, I’ll…
If approved, the move marks a significant step towards providing investors with transparent and regulated access to crypto within familiar product structures. Grayscale Investments, one of the world’s largest asset management companies, has submitted a formal request to the US Securities and Exchange Commission (SEC) for approval to convert the Grayscale Ethereum Trust (ETHE) into…
Petmal Founded in Napoleonic times as a mining operation by an inventor of industrial scale zinc production, today’s Umicore SA (OTCPK:UMICF;OTCPK:UMICY) focuses primarily on the circular economy with a particular emphasis on the transportation sector. Umicore is a leading producer of catalysts for the use in passenger and light-duty vehicles and has a strong battery…
JPMorgan Chase & Co. recently raised its Sphere Entertainment stock price target from $25 to $28 following the release of the entertainment company’s Q4 figures. Sphere Entertainment Co (NYSE: SPHR) stock rose by more than 7% after the company opened its Sphere venue in Las Vegas with a show by U2 on Friday night. The…
Spencer Platt/Getty Images News Fox Corporation (NASDAQ:FOXA) has undergone notable leadership and strategic direction changes. The transition from Rupert Murdoch to Lachlan Murdoch could affect the company’s future trajectory. In my view, leadership changes often bring about shifts in corporate strategy, and given Rupert’s significant influence in the industry, Lachlan’s approach will be keenly observed….
In another unfortunate turn of events for anyone hoping their right to privacy to be protected as guaranteed by the US Constitution, the UN Declaration of Human Rights, or applicable state and federal law, the US government has argued that the disclosure of proprietary Chainalysis heuristics information in the case US vs. Sterlingov would “jeopardize…
champpixs One of the questions we get asked a lot by our many followers and group members is “what is the type of stock to own in this environment?” You have small caps that have been battered, companies that have revenue growth but no earnings that are in trouble due to the need to borrow,…
This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now. A PDF pamphlet of this article is available for download. “Romantic love is an addiction”, says Dr. Helen Fisher, a biological anthropologist at Rutgers University. “My guess is that our modern addictions — nicotine, drugs, sex, gambling — are simply…
ipopba “The problem with people who have no vices is that generally you can be pretty sure they’re going to have some pretty annoying virtues.” – Elizabeth Taylor It has been over 15 months since our first and only look at Virtu Financial, Inc. (NASDAQ:VIRT). The shares were recommended as a potential small, covered call…