TSS, Inc. (OTCQB:TSSI) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants John Penver – CFO Darryll Dewan – President & CEO Conference Call Participants Operator Good afternoon, everyone. My name is Briana, and I will be your conference operator today. At this time, I would like to welcome you to…
Deagreez/iStock via Getty Images We previously covered Philip Morris (NYSE:NYSE:PM) in July 2023, discussing its excellent prospects as the consumer demand for its products remained robust despite the price hikes thus far. The management had also intensified its investments in IQOS ILUMA, with the smoke-free segment targeted to be the company’s top and bottom line…
Feng Li/Getty Images News As international capital is leaving China, Beijing is aiming to prevent a spike in outflows by stimulating the economy to attract investors and trying to improve ties with Western governments to minimize geopolitical risks for everyone. It’s too soon to tell whether those efforts will be successful, but what’s certain is…
Teka77 Introduction It’s time to dive into macroeconomics and one of my favorite (cyclical) dividend growth stocks on the market: Caterpillar Inc. (NYSE:CAT). As it turns out, Caterpillar is currently the smallest holding of my 20-stock dividend growth portfolio. That’s not necessarily because of its performance (I’m up roughly 100% since my initial investment) but…
cloki/iStock via Getty Images Elevator Pitch I rate Aptiv PLC (NYSE:APTV) stock as a Buy. My earlier January 31, 2023 update was focused on the preview of Aptiv’s financial results for the final quarter of last year, and the evaluation of APTV’s inorganic growth prospects. I highlighted the impact of the 2023 United Auto Workers…
Image Source Back in March, I took JAKKS Pacific (NASDAQ:JAKK) to “Strong Buy” saying that its long-term story was intact and that the stock had been thrown into the deep discount bargain bin. I followed up in May saying that the stock was still grossly undervalued. With the stock nearly doubling since my upgrade to…
Group4 Studio/iStock via Getty Images Investment Thesis In my prior article on Berry Global (NYSE:BERY), I emphasized that the core of the thesis lies in observing consistent positive changes quarter after quarter. This shift marks a departure from the prior capital allocation strategies that eroded value by incurring substantial debt and engaging in acquisitions that…
We Are/DigitalVision via Getty Images Investment Thesis Due to their ability to continuously raise dividend payouts on an annual basis, dividend growth companies are a key component of an extensively diversified and risk-adjusted dividend income portfolio. Before I describe the selection process and present each of the selected companies, I would like to highlight the…
SurgePays, Inc. (NASDAQ:SURG) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Brian Prenoveau – IR Brian Cox – President & CEO Anthony Evers – CFO Conference Call Participants Michael Diana – Maxim Group Edward Woo – Ascendiant Capital Operator Good day, and welcome to the SurgePays’ Q3 2023 Earnings Conference…
tomeng/iStock Unreleased via Getty Images Cirrus Logic (NASDAQ:CRUS) reported significantly better than expected earnings, but shy of ours. The primary reason falls within the general market business collapsing in similar fashion to others exposed in the Android market. Our past article, Characterization Of Cirrus Logic’s Fiscal Year 2024 And A Little Beyond, opened the door…
Berkshire Hathaway Chairman and CEO, Warren Buffett. Chip Somodevilla Alongside Vice Chairman and his trusted business partner Charlie Munger, Warren Buffett has reshaped the trajectory of Berkshire Hathaway (BRK.A)(BRK.B) since taking total control over the company in 1965. The company has transformed from a fledgling textile manufacturer into the most powerful investment holdings company on…
JHVEPhoto Overview Kroger (NYSE:KR) has underperformed this year being down over 3% for the year. However, I believe this creates a great entry opportunity to pick up shares of a solid company. Kroger has an excellent business model that aligns with the trend of consumer spending. They also have an excellent dividend growth history while…
FrankRamspott With inflation easing and cracks emerging in the US labor markets, the days of Fed-driven rate hike pressures are likely at an end. The key risk, though, is that the US yield curve remains inverted, and until term premia normalizes, emerging market central banks may be kept on the defensive. Note the surprise rate…
Matthew Nichols/iStock Editorial via Getty Images Introduction Wells Fargo & Company (NYSE:WFC) is a well-known name in the U.S. banking landscape where it is considered a top-5 player in the financial services industry. Although the U.S. banking sector has faced some headwinds recently, the sector’s financial performance has held up better than I expected, and…
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Scott Olson Yesterday’s reaction to Walmart’s (NYSE:WMT) Q3 earnings report is an example of why market neophytes are unnerved by share price gyrations. In one fell swoop, the stock gave up over half of the year-to-date gains. In the current environment, Walmart’s business model is a double-edged sword. Inflation is forcing consumers to devote a…
leolintang We previously covered W. P. Carey (NYSE:WPC) in August 2023, discussing its safe dividend thesis then, attributed to its reiterated FY2023 AFFO guidance. Then again, given the REIT’s heavily leveraged business model, the growing expenses, and rising inflationary pressure, it was unsurprising that the stock had been sold off as well, as investors fled…
Brady Corporation (NYSE:BRC) Q1 2024 Earnings Conference Call November 16, 2023 10:30 AM ET Company Participants Ann Thornton – Chief Financial Officer Russell Shaller – President and Chief Executive Officer Conference Call Participants Steve Ferazani – Sidoti Keith Housum – Northcoast Research Operator Good day and thank you for standing by. Welcome to Brady Corporation’s…
Owlet, Inc. (NYSE:OWLT) Q3 2023 Earnings Call Transcript November 13, 2023 4:30 PM ET Company Participants Conference Call Participants Operator Good afternoon, ladies and gentlemen. Thank you for joining today’s Owlet Q3 Earnings Call. My name is Tia, and I will be your moderator for today’s call. All lines will be muted during the presentation…
Poca Wander Stock Executive Summary I recently written an article on Mercury General (MCY), a publicly listed insurance company that had to trim its dividend in 2022 to uphold financial solvency, consequently losing its dividend aristocrat status. Several months ago, I conducted a comparison between Safety Insurance (NASDAQ:SAFT) Group and Mercury, deeming the former as…
KTStock/iStock via Getty Images It is possible to achieve financial freedom by living off dividends forever. That isn’t to say it’s easy, but it’s possible. Those starting from nothing admittedly have a hard road to retirement-enabling passive income. Unless one has a preternatural ability to save a huge portion of their income for over a…
Michael Vi One of the biggest mistakes that investors can make is to become married to an idea. You become so firm in your conviction that your original assessment is correct that, no matter what the data says, you remain convinced that your original call was not incorrect. I personally have been the victim of…
PixelsEffect Listen below or on the go on Apple Podcasts and Spotify Catalyst watch for the week of November 19. Seeking Alpha Senior Executive Editor Kim Khan on the quiet economic calendar. (00:21) Julie Morgan shares the latest analysis on two companies set to report earnings, Baidu, Inc. (BIDU) and Nvidia Corporation (NVDA). (02:20) They…
typhoonski It has been a tough year so far for Cullen/Frost (CFR), the holding company of Texas-based Frost Bank. Shares of the firm have fallen around 30% with dividends year-to-date, roughly matching the struggles of the broader regional bank industry. Source: Seeking Alpha Putting recent industry turbulence to one side for a moment, there is…
traffic_analyzer/iStock via Getty Images Caledonia Mining Corporation Plc Now Deserves a Buy Rating This analysis changes the recommendation rating for Caledonia Mining Corporation Plc (NYSE:CMCL) from the previous Sell rating to a “Buy” rating. The company is based in Saint Helier, Jersey, and owns (indirectly) a 64% interest in an underground gold mine in Zimbabwe….
pingingz/iStock via Getty Images Digital Turbine’s (NASDAQ:APPS) Q2 FY2024 results were weak, with revenues and margins continuing to decline YoY. Most of this was expected but there appears to be issues within the AGP business that go beyond the company abandoning some activities. While this is obviously negative, I believe that Digital Turbine’s future will…
franckreporter In my thesis on United States Cellular (USM) in August where I valued the company at $5.67 billion, I had evoked the possibility of the company being acquired by either T-Mobile (NASDAQ:TMUS), AT&T (T), or Verizon (VZ), or as part of a consortium of acquirers. This was after the wireless carrier started exploring strategic…
We think the time to take advantage of high rates in the fixed income markets is running out BrianAJackson Brian Dress, CFA — Director of Research, Investment Advisor Last month we (somewhat) gently made the case that opportunities in the bond market for high quality corporate securities is very attractive. This month, we are going…
bin kontan Almost two years ago, I recommended purchasing American Assets Trust (NYSE:AAT) for its solid business model and its expected recovery from the coronavirus crisis. No-one could have predicted that a war in Ukraine would emerge about a month after that article. Due to the sanctions imposed by the U.S. and European Union on…
Polina Sharapova/iStock via Getty Images By Brian Levitt, Global Market Strategist It’s the time of year to reflect on what makes us thankful. For me, it starts with life having returned to a level of normalcy. It was only a few years ago that the COVID pandemic had us altering our Thanksgiving Day plans. I,…
Koldunov/iStock via Getty Images Verona Pharma (NASDAQ:VRNA) is a biopharmaceutical company based in London with offices in the US. VRNA´s main candidate drug is ensifentrine, a promising treatment for patients suffering from COPD, cystic fibrosis, and asthma. This medicine is a bronchodilator and non-steroidal anti-inflammatory agent that has demonstrated promising results in clinical trials. In…
The Japanese stock market is having itself a hot minute. The Nikkei 225 index, a benchmark for Japanese equities, is up nearly 30 percent so far this year, a standout performance among global markets and a sharp contrast to Asia’s other large economy, China, where stocks have been limping along in negative territory and getting…
Phiromya Intawongpan Eagle Point Credit Co LLC (NYSE:ECC) demonstrated notable financial achievements in Q3 2023, attributed to its strategic actions and intelligent investment decisions. The company’s financial highlights included increased Net Asset Value (NAV) per common share and a robust financial performance with a notable Net Investment Income (NII). During this period, ECC focused on…
NikolayPeev/iStock via Getty Images Introduction In today’s article, I’d like to discuss the Vector Group (NYSE:VGR), a peculiar company that sells cigarettes, and more recently, develops luxury real estate projects. Yes, you read correctly, this is a company that both sells tobacco and builds real estate! Talk about a mix! At first glance pairing these…
Arcos Dorados Holdings Inc. (NYSE:ARCO) Q3 2023 Earnings Conference Call November 16, 2023 10:00 AM ET Company Participants Daniel Schleiniger – Investor Relations Marcelo Rabach – Chief Executive Officer Luis Raganato – Chief Operating Officer Mariano Tannenbaum – Chief Financial Officer Daniel Schleiniger Good morning, everyone, and thank you for joining our Third Quarter 2023…
IvelinRadkov Introduction and Investment thesis Since the renewed escalation of the Israel-Hamas conflict the shares of monday.com (NASDAQ:MNDY) started to underperform against peers, as investors have been worried about potential operational disruptions to the company. Although the company’s customer base is truly global serving 200+ business industries in 200+ countries, their headquarter is still in…
bankkgraphy By James Smith, Developed Markets Economist The chancellor is poised to get extra wiggle room UK Chancellor Jeremy Hunt is likely to be gifted with a rare bit of good news as he gears up for his Autumn Statement on 22 November. Not only has borrowing come in £20bn lower than forecast so far…
CXApp Inc. (NASDAQ:CXAI) Q3 2023 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Khurram Sheikh – Chairman and CEO Conference Call Participants Operator Good afternoon, and welcome to CXAI Q3 Earnings Conference Call. At this time, all participants are in a listen only mode, and please be advised that this call is…
Daniel Loeb – Third Point Fund – DealBook Conference in New York Larry Busacca In today’s article, we bring you the latest update in our recurring series based on analyzing 13F filings and the latest moves of some of the world’s most renowned funds and asset managers. Our original article on the matter and the…
Thomas Barwick Investment thesis Our current investment thesis is: UNFI has achieved healthy growth in the last decade but this has seemingly come at the expense of margins, a poor trade-off in our view. This has made the business less attractive to investors but also contributed to the business being (partially) oversold. Investors understand that…
BowFlex, Inc. (NYSE:BFX) Q2 2024 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants John Mills – ICR, Inc. James Barr – Chief Executive Officer and Board Director Aina Konold – Chief Financial Officer Conference Call Participants John-Paul Wollam – ROTH MKM Operator Good day, and welcome to the BowFlex Fiscal Second Quarter…
deepblue4you Portfolio Manager Shawn Reynolds and Deputy Portfolio Manager Charlie Cameron discuss global resources, including macro headwinds, commodities’ performance, and why we have a positive outlook about the space moving forward. Transcript Natural Resources Update and Outlook, Q3 2023 Shawn Reynolds: Hi, it’s Shawn Reynolds here along with my colleague Charlie Cameron, and we’re here…
Wasan Tita 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…
Olivier Le Moal By Matt Wagner, CFA When will international equities outperform the U.S.? This seems to be a constant refrain from investors over the last decade. Owing to outperformance in the fourth quarter of 2022, the MSCI EAFE has clung onto a trailing 12-month advantage over the S&P 500 of more than 4%.1 Without…
tadamichi By Matt Wagner, CFA The European economy is not in free-fall, but it is stumbling. Surprisingly resilient growth in 2022 in the face of the Russian invasion of Ukraine has given way to an economy that is starting to feel the impact of the European Central Bank’s 10 consecutive rate hikes. On October 26,…
Vivos Therapeutics, Inc. (NASDAQ:VVOS) Q3 2023 Earnings Conference Call November 14, 2023 5:00 PM ET Company Participants Julie Gannon – Investor Relations Officer Kirk Huntsman – Chairman and Chief Executive Officer Brad Amman – Chief Financial Officer Conference Call Participants Lucas Ward – Ascendiant Capital Markets Operator Good day, everyone, and welcome to the Vivos…