gremlin/E+ via Getty Images We previously covered Tesla, Inc. (NASDAQ:TSLA) in July 2023, discussing the stock’s premium valuations and optimistic recovery since the January 2023 bottom. It appeared that Mr. Market had been convinced about CEO Elon Musk’s Full Self-Driving [FSD] as a SaaS (Software as a Service) strategy, since the automakers’ Service gross margins…
KB Financial Group Inc. (NYSE:KB) Q3 2023 Earnings Conference Call October 24, 2023 3:00 AM ET Company Participants Peter Kweon – Head of Investor Relations Scott YH Seo – Group Chief Financial Officer and Senior Executive Vice President Oh Byung Joo – Managing Director, KB Financial Group Inc Conference Call Participants Jeong Tae Joon –…
Billerud AB (publ) (OTCPK:BLRDY) Q3 2023 Earnings Call Transcript October 25, 2023 2:30 AM ET Company Participants Lena Schattauer – Head of IR Ivar Vatne – CEO Andrei Kres – Acting CFO Conference Call Participants Robin Santavirta – Carnegie Linus Larsson – SEB Cole Hathorn – Jefferies Oskar Lindstrom – Danske Bank Johannes Grunselius –…
marchmeena29 Alamos Gold (NYSE:AGI) reported Q3 results on October 25. We have listened to the earnings call, studied the MD&A and financial statements, and updated our charts. Here is a condensed tour of the latest data points, followed by our updated investment thesis for this gold miner. Operations The Young Davidson mine posted another quarter…
pixelfit Investment thesis Our current investment thesis is: DLHC’s business model has been incrementally improved over the last few years, with the acquisition of GRSi materially accelerating this. Much of this development has come through its investment in its technological capabilities, allowing the business to provide a vast range of services to several government agencies….
BrianAJackson Investment Overview – Maravai’s Monster IPO Amid COVID Vaccine Hype Maravai LifeSciences (NASDAQ:MRVI) joined the Nasdaq back in November 2020, its Initial Public Offering (“IPO”) raising an astounding $1.62bn via the issuance of ~60m shares, priced at $27 per share. Formed in 2014, via a partnership between life science industry veterans Carl Hull and…
svetikd We rate the stock as a hold as there are some factors beyond the numbers that might compromise the sustainability of its business model for the long term. Some investors are focusing only on the numbers but overlooking entirely subtle qualitative aspects that are causing the stock price to remain low, creating uncertainty. The…
Andrii Iemelyanenko/iStock via Getty Images Introduction It’s almost that time of the year. One of everyone’s favorite holidays, Halloween. Where people get to dress up as their favorite characters and go out to have fun. I remember as a kid being really excited to go out and get a bunch of candy to come home…
matdesign24 Transcript Ken – Let’s talk about the yield environment. Government bonds as well as spread asset classes continue to have elevated levels of yield. At the same time, we have Fed officials talking about a higher rate environment for longer. What does that mean for the bond market as we move forward? Marc Seidner:…
JHVEPhoto/iStock Editorial via Getty Images Introduction The Q3 GDP report showed the US economy grew at a 4.9% annualized rate, exceeding analyst estimates. However, markets seemed unimpressed as the report contained some warning signs about the outlook. While consumer spending and business investment drove the GDP growth, disposable income fell 1% during the quarter. US…
Nikada By Matt Wagner, CFA WisdomTree conducts an annual rebalance of its Global Dividend Index each October. At this year’s reconstitution there were 5,410 selected companies (including large, mid and small caps) from the U.S., 21 eligible developed market countries and 18 eligible emerging markets countries. Constituents are weighted based on their contribution to the…
Nikada The following segment was excerpted from this fund letter. Creative Realities (NASDAQ:CREX) Creative Realities is a digital signage installer and digital signage software operating system. Creative Realities has completed two major acquisitions since 2019 (Reflect Systems in 2022 and Allure in 2019) to build a digital signage software offering that includes a robust suite…
P_Wei/iStock via Getty Images Tejon Ranch (NYSE:TRC) is a real estate development company with a massive land position 25 miles south of Bakersfield, California. The company has a long history on public markets having listed on the American Stock Exchange in 1973 and moving to the NYSE in 1999. The company had initial success, at…
mysticenergy VOC Energy Trust (NYSE:VOC) is an energy-related firm in the business of managing oil and gas properties with the intention of distributing net profit interest to trust unitholders. Given the nature of this business, units aren’t necessarily meant to be actively traded or used to seek capital gains; but rather, it should be held…
jimkruger Target (NYSE:TGT) is firing on few cylinders. I dug into the latest batch of Bank of America card data and found that the sore thumb among a handful of consumer stocks was the Minnesota-based retail chain. Still, with decent cash flow and compelling valuation metrics, I am upgrading this unloved name from a hold…
chameleonseye PayPal stock (NASDAQ:PYPL) continues to trend lower, with shares now down more than 80% from 2021 highs. In 2023 alone, shares lost close to 30% in value, while the S&P 500 (SP500) is up more than 10%. Seeking Alpha It is no understatement to say that PayPal shareholders are suffering. And those investors, myself…
karandaev Investment Perspective: Valuation and Growth Post Stock Drop While Coca-Cola’s (NYSE:KO) shares are off almost 14% since their highs earlier this year, they offer a tempting entry point for investors scouting for a top-tier firm with an impressive growth history. Even with short-term challenges such as currency fluctuations and GLP-1 drug-related apprehensions (drugs like…
urbazon/E+ via Getty Images Rollins (NYSE:ROL) has delivered another strong quarterly result, showing an 8.4% organic revenue growth and a 29% increase in adjusted operating income year-over-year. In my initiation article, I encouraged investors to consider buying the stock when its price drops to around $33. Given the robust Q3 FY23 results and the recent…
TERADAT SANTIVIVUT The S&P 500 having made fresh lows in the past week has justified a continued decline in bullish sentiment per the latest AAII survey. As shown below, only 29.3% of respondents reported as bullish this week compared to 34.1% last week. Although sentiment has quickly reversed, the last week of September actually saw…
JLGutierrez As the new round of monetary policy decision is approaching, it is crucial to understand the rationale surrounding inflation dynamics in order to project future scenario probabilities for the S&P500 (SPX). The FED has been decoupling inflation into three main components that, while evaluated separately, are interwound in generating total inflation. The first element…
juststock Introduction ResMed Inc. (NYSE:RMD) reported 1Q24 results after market on 26 October 2023. In this note I’ll review the 1Q24 materials and discuss new positive and negative factors that are relevant to the RMD investment case. With RMD currently trading at ~$136 per share, the stock has fallen by ~44% since late April 2023….
ventdusud/iStock via Getty Images Introduction We are at a very tricky point in the economic cycle. A lot of high-quality companies are trading at attractive prices. This includes industrial stocks, real estate, utilities, consumer staples, and banks – among others. The problem is finding a bottom, as some fantastic companies could easily continue to decline…
Lubo Ivanko/iStock Editorial via Getty Images British bank NatWest (NYSE:NWG) has had a tough week, selling off on the back of Q3 results from peers Barclays (BCS) and Lloyds (LYG) before dropping sharply following its own release on Friday. Source: Google The bank’s Q3 results were a clear disappointment, with big misses on most key…
Darren415 Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company (“BDC”) sector from both the bottom-up – highlighting individual news and events – as well as the top-down – providing an overview of the broader market. We also try to add some historical context…
WichienTep/iStock via Getty Images 2023 has been a particularly challenging year for the solar industry. The solar ETF (TAN) has lost 40% of its value this year, with virtually all those losses occurring over the past three months. One notable example is Canadian Solar (NASDAQ:CSIQ), which has lost nearly half its value since August. However,…
Piper Sandler Companies (NYSE:PIPR) Q3 2023 Earnings Call Transcript October 27, 2023 9:00 AM ET Company Participants Chad Abraham – Chairman, CEO Deb Schoneman – President Tim Carter – CFO Conference Call Participants Brendan O’Brien – Wolfe Research Devin Ryan – JMP Securities James Yaro – Goldman Sachs Mike Grondahl – Northland Securities Operator Good…
Federated Hermes, Inc. (NYSE:FHI) Q3 2023 Earnings Conference Call October 27, 2023 9:00 AM ET Company Participants Ray Hanley – President, Federated Investors Management Company Chris Donahue – President and Chief Executive Officer Tom Donahue – Chief Financial Officer Debbie Cunningham – Chief Investment Officer, Money Markets Saker Nusseibeh – Chief Executive Officer, Federated Hermes…
Metso Oyj (OTCPK:OUKPF) Q3 2023 Earnings Call Transcript October 27, 2023 6:00 AM ET Company Participants Juha Rouhiainen – VP, IR Pekka Vauramo – President & CEO Eeva Sipila – CFO Conference Call Participants Klas Bergelind – Citi Max Yates – Morgan Stanley Antti Kansanen – SEB Christian Hinderaker – Goldman Sachs Andrew Wilson –…
Ameris Bancorp (NASDAQ:ABCB) Q3 2023 Earnings Conference Call October 27, 2023 9:00 AM ET Company Participants Nicole Stokes – EVP & CFO Palmer Proctor – CEO Jon Edwards – EVP & CCO Conference Call Participants Brady Gailey – KBW Casey Whitman – Piper Sandler Chris Marinac – Janney Montgomery Scott Kevin Fitzsimmons – DA Davidson…
Unilever PLC (NYSE:UL) Q3 2023 Results Conference Call October 26, 2023 3:30 AM ET Company Participants Hein Schumacher – Chief Executive Officer Graeme Pitkethly – Chief Financial Officer Jemma Spalton – Head of Investor Relations Conference Call Participants Rashad Kawan – Morgan Stanley Warren Ackerman – Barclays Guillaume Delmas – UBS Bruno Monteyne – Bernstein…
PM Images Apellis Pharmaceuticals (NASDAQ:APLS), a standout player in the biotech sector, distinguishes itself with its novel C3 inhibitor technology, including their flagship compound, pegcetacoplan which has been branded into EMPAVELI (systemic) and SYVOVRE (intravitreal). Apellis has aimed pegcetacoplan to take on treating Paroxysmal Nocturnal Hemoglobinuria (PNH) and Geographic Atrophy (GA), with impressive data. In…
franckreporter Investment brief Following a sharp selloff in H2 FY’23, Granite Construction Incorporated (NYSE:GVA) came onto our radar as a potentially cheap company with exposure to listed infrastructure-a sector that has shown promise in the current market. Working through the layers however it appears there are multiple hurdles to still overcome to catch a buy…
Together, Rise In and BlockBeam aim to provide the best possible learning and career-building experience for developers across the globe, promising to lead the way in shaping the future of Web3 technology and innovation. Rise In, a pioneering education platform, has taken a significant step towards enhancing its Web3 talent pool by acquiring BlockBeam, one…
NorthWestern Energy Group, Inc. (NASDAQ:NWE) Q3 2023 Earnings Conference Call October 27, 2023 3:00 PM ET Company Participants Travis Meyer – Director of Corporate Development and Investor Relations Officer Brian Bird – President and Chief Executive Officer Crystal Lail – Chief Financial Officer Conference Call Participants Jonathan Reeder – Wells Fargo Jamieson Ward – Guggenheim…
Ford Motor Company (NYSE:F) Q3 2023 Earnings Conference Call October 26, 2023 5:00 AM ET Company Participants Lynn Antipas Tyson – Executive Director, Investor Relations Jim Farley – President and Chief Executive Officer Peter Stern – President, Ford Integrated Services John Lawler – Chief Financial Officer Conference Call Participants Adam Jonas – Morgan Stanley John…
Covestro AG (OTCPK:CVVTF) Q3 2023 Earnings Conference Call October 27, 2023 9:30 AM ET Company Participants Ronald Koehler – Head, IR Markus Steilemann – CEO Christian Baier – CFO Conference Call Participants Christian Faitz – Kepler Cheuvreux Jaideep Pandya – On Field Research Sebastian Bray – Berenberg Geoff Haire – UBS Paul Gleize – TIG…
pichet_w We may be a small island, but we are not a small people. – Edward Heath. Emerging markets have been a brutal part of the investable landscape to allocate to for well over a decade (believe me – I know). Most investors use broad market-cap weighted proxies, but the small-cap side has really been…
Primis Financial Corp. (NASDAQ:FRST) Q3 2023 Results Conference Call October 27, 2023 10:00 AM ET Company Participants Matt Switzer – CFO Dennis Zember – President and CEO Conference Call Participants Casey Whitman – Piper Sandler Feddie Strickland – Janney Montgomery Scott Operator Hello, my name is Krista, and I’ll be your conference operator today. At…
Lincoln Electric Holdings, Inc. (NASDAQ:LECO) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Amanda Butler – Vice President, Investor Relations and Communications Chris Mapes – Chairman, President and Chief Executive Officer Gabe Bruno – Chief Financial Officer Steve Hedlund – Chief Operating Officer Conference Call Participants Bryan Blair – Oppenheimer…
Seacoast Banking Corporation of Florida (NASDAQ:SBCF) Q3 2023 Earnings Conference Call October 27, 2023 10:00 AM ET Company Participants Chuck Shaffer – Chairman and Chief Executive Officer Tracey Dexter – Executive Vice President and Chief Financial Officer Michael Young – Treasurer and Director of Investor Relations David Houdeshell – Director of Credit Risk Analytics Conference…
The atmosphere at Bitcoin Amsterdam, organised by Bitcoin Magazine, starkly contrasted with the real guts and heart of the movement headlined by Edward Snowden and Stella Assange, both lives have been profoundly impacted by the struggle against censorship. This isn’t to diminish the buzzing hope and optimism of the conference with over 2,000 attendees, rather,…
ArcBest Corporation (NASDAQ:ARCB) Q3 2023 Results Conference Call October 27, 2023 9:00 AM ET Company Participants David Humphrey – VP, IR Judy McReynolds – Chairman, President & CEO Matt Beasley – CFO and Treasurer Seth Runser – President of ABF Freight Steven Leonard – Chief Commercial Officer & President of Asset-Light Logistics Dennis Anderson –…
Monetary Debasement Debasement refers to the action or process of reducing the quality or value of something. In relation to money, it traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In a modern context, debasement has evolved…
bernie_photo/iStock via Getty Images Listen below or on the go on Apple Podcasts and Spotify September personal spending tops forecasts, but incomes lagged. (0:15) Exxon Mobil (XOM) boosts its dividend. (3:14) Certain Apple Watch models to be prohibited from being imported into the U.S. (4:09) This is an abridged transcript of the podcast. Our top…
Privacy is a complicated subject. It’s not always a simple binary thing, private or not private, seen or unseen. Seen by whom? Private from whom? Private to what degree? If you are walking down the street with a mask on your face no one can see your face, so that means you are private, right?…
SvetaZi I have been writing on Seeking Alpha for just over a year, but I’ve been writing about investing since 1998. During the last 12 months, I’ve responded to nearly every comment and question that has come in… more than 1,200 of them. And based on those comments, questions and often pointed observations and criticisms…
Commodity money is a form of money that derives an intrinsic value from its underlying commodity and the supply and demand dynamics. Gold and silver have been accepted as commodity money for centuries because of their scarcity and desirability. Commodity money has some inherent limitations, such as the challenge of transportation and storage of larger…
EHStock/iStock via Getty Images Investment Overview – Outstanding Start to 2023 For Apellis As SYFORVE Approved I last covered Apellis Pharmaceuticals (NASDAQ:APLS) for Seeking Alpha in a deep dive note at the end of January, giving the company a “buy” recommendation, when the company’s stock traded at ~$53 per share. What a roller-coaster ride the…
With how LINK is moving in recent times and its historical precedent, there are indications that it may serve as a market leader once again, potentially triggering another bullish trend. Chainlink (LINK), a decentralized blockchain oracles service provider has emerged as a standout performer, witnessing an astounding 50% increase in its price as the crypto…
Eastern Bankshares Inc (NASDAQ:EBC) Q3 2023 Results Conference Call October 27, 2023 9:00 AM ET Company Participants Bob Rivers – Chairman and CEO Jim Fitzgerald – CFO, Chief Administrative Officer and Treasurer Conference Call Participants Mark Fitzgibbon – Piper Sandler Damon DelMonte – KBW Laurie Hunsicker – Spark Research Partners Operator Hello, and welcome to…