acilo Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) is an interesting income oriented fund which I covered in the past. DIVO Underperforms In 2023 But It’s A Long Play For Conservative Investors In this article I will look at if the fund has room for dividend growth in the future. The fund currently enjoys a…
Jack Ma when asked where Alibaba stock price was going Andrew Burton On our previous coverage of Alibaba Group Holding Limited (NYSE:BABA), we emphasized that the stock was in value territory but unlikely to produce big returns. That stemmed from prioritizing macro over the micro and disregarding the potential spin-off benefit. We think that this…
ljubaphoto/E+ via Getty Images On the surface, Copart (NASDAQ:CPRT) did not seem like a particularly enticing business to me. It operates around the Auto sector and serves a very niche segment. Auto companies themselves haven’t done too well for investors and my first guess was not to hope too much from the companies tied to…
ktmoffitt/iStock via Getty Images The travel industry is a mixed bag right now. Total travel spending in the U.S. is down only slightly from 2019. A recession hasn’t materialized (yet), and air travel is strong. For instance, Las Vegas recorded its third-highest passenger total ever this summer. Consumers continue to spend, and Airbnb’s (NASDAQ:ABNB) Q3…
Trygve Finkelsen Investment Thesis ESAB Corporation (NYSE:ESAB) is experiencing good demand for its equipment and automation product solutions driven by its good execution including leveraging new product offerings through investments in marketing, advertising, and sales training. In addition, the company’s revenue growth is poised to benefit from good end market demand fueled by secular trends…
cemagraphics Last weekend’s article was titled “FOMO Top,” and as you may guess, it got this week’s moves in the S&P500 (SPY) completely wrong. I should have stayed bullish instead of trying to anticipate a correction. In my defence, I did state “closing below 4393 should signal the beginning of the reversal,” which never happened…
courtneyk We previously covered The Royal Caribbean Cruises (NYSE:RCL) in July 2023, discussing the massive euphoria embedded in its stock valuations and prices, as the cruise line continued to raise its FY2023 profit guidance, thanks to the robust consumer demand. We had preferred to rate the stock as a Hold then, attributed to the minimal…
Andrew Burton It’s hard to call Alibaba’s (NYSE:BABA) latest earnings results which were released earlier this week successful. The company missed the revenue expectations, bailed on its plans to execute a cloud unit spin-off, and indirectly acknowledged that the new geopolitical reality could have a material effect on its cloud business and limit its upside….
onurdongel Shares of Gulfport Energy (NYSE:GPOR) have been a tremendous performer over the past year, rising by more than 50%. Its strong hedge book and high-quality asset base have helped to keep the company relatively immune from the decline in natural gas prices over the past year. However with shares having now rallied so much,…
Justin Sullivan AT&T (NYSE:T) offers a high-dividend yield that is sustainable due to its good earnings and cash flow coverage, plus its shares are trading at an undemanding valuation, being therefore a good pick for income-oriented investors. However, since my previous article, AT&T’s share price has been relatively weak due to the lead cable issues,…
Andrzej Rostek/iStock via Getty Images The iShares Treasury Floating Rate Bond ETF (NYSEARCA:TFLO) has been a solid near-cash investment for many investors in the past year, as it enjoyed higher coupons that were tied to the rise in short-term interest rates. However, as we head into 2024, I believe investors need to watch out for…
mbbirdy Shares of International Game Technology (NYSE:IGT) have been a solid performer over the past year, rising about 10%. However, they have fallen over 10% in the past months, given some concerns about the health of the consumer, which could weigh on gaming industry dynamics. IGT is delivering well, expanding margins, strengthening its balance sheet,…
Spencer Platt Philip Morris International Inc. (NYSE:PM) stock has remained close to the $90 support zone I updated in my previous article in September. However, a momentary scare in late October saw technical selling after the week of the company’s third-quarter or FQ3 earnings release. However, buyers returned with conviction, stemming a further decline below…
LordRunar Crown Holdings “Crown” (NYSE:CCK), with operations in beverage/food can and packaging manufacturing, has the business attributes that I generally seek out in an investable business. Some of those checkboxes include durability, defensibility, growth and an undemanding valuation. I originally purchased shares in November 2022 following the selloff related to its Q3 2022 report, which…
Elhenyo/E+ via Getty Images Co-authored by Treading Softly. I know that not everyone enjoys going to the great outdoors and hunting, fishing, hiking, or camping. Yet, even if you haven’t experienced it, I’m sure you can imagine using a net to catch a large amount of fish. You understand that at times, to pull that…
Everyday better to do everything you love/iStock via Getty Images Paylocity is trading (NASDAQ:NASDAQ:PCTY) approximately 35% below its 52-week high and over 50% from an all-time high of $314. This is a high-growth high-quality company that is not only profitable but is demonstrating improving margins and efficiency. As the company matures, revenue growth is expected…
zhengzaishuru The VanEck Vectors Oil Services ETF (NYSEARCA:OIH) is a well-known investment vehicle for gaining broad exposure to the Energy – Equipment and Services sector of the stock market. This ETF is designed to mirror the performance of the U.S. listed oil services sector, which predominantly serves the upstream oil industry, encompassing segments such as…
FactoryTh/iStock via Getty Images Atkore (NYSE:ATKR) reported earnings today and the stock was initially sold off. Atkore has been a tremendous winner over the last few years, largely due to pricing tailwinds. In this article, I’ll explain why CEO Bill Waltz thinks, “This is going to be the best decade ever.” Atkore FY 23 results…
Gold Royalty Corp. (NYSE:GROY) Q3 2023 Earnings Conference Call November 15, 2023 11:00 AM ET Company Participants Joanne Jobin – IR.INC, Investor Relations David Garofalo – Chief Executive Officer, President, Chairman and Director Peter Behncke – Manager, Corporate Development and Investor Relations Andrew Gubbels – Chief Financial Officer Joanne Jobin Good morning. I’m your host,…
Monty Rakusen Early in 2021, I offered some thoughts on Woodward (NASDAQ:WWD) after a tumultuous 2020. On top of the turmoil induced by the pandemic, Woodward announced a mega-merger, which was terminated just a few months later. What followed was a relatively long period in which the pandemic cast a shadow on the business, with…
CorbalanStudio/iStock Editorial via Getty Images Here at the Lab, we started the year with a Strong Buy Recommendation on Enel (OTCPK:ENLAY), releasing a publication called the company “Is Set To Outperform In 2023.” Looking at the stock price performance and also considering the fact that the magnificent seven sisters made the S&P 500 return, we…
HJBC This monthly article series shows a dashboard with aggregate subsector metrics in Consumer Discretionary. It is also a top-down analysis of sector ETFs like Consumer Discretionary Select Sector SPDR ETF (XLY) and Vanguard Consumer Discretionary ETF (NYSEARCA:VCR), whose largest holdings are used to calculate these metrics. Shortcut The next two paragraphs in italic describe…
mohd izzuan/iStock via Getty Images Each quarter, I compile the top 10 stocks held in the funds that specialize in merger stocks and share it with our Seeking Alpha community. My rules: I only count a stock if it is at least 1% of the fund’s portfolio. I only include stocks that are still actively…
Lemon_tm After falling by around 10% since the end of July, the S&P 500 has snapped back reasonably quickly. However, it would seem that gains have been driven chiefly by multiple expansion as earnings estimates for the fourth quarter and the first quarter of next year fall. Earnings estimates over the next twelve months are…
nazarethman Rambus (NASDAQ:RMBS) is a San Jose, California-based hardware technology company which focuses on the design, development, and licensing of chip interface technologies and architectures across digital electronics. The inventor of RDRAM, Rambus principally focuses its portfolio on random access memory- RAM, interface and security intellectual properties, and other R&D and IP. Additionally, to avoid…
Spencer Platt Investment Thesis Philip Morris International (NYSE:PM) is redefining its identity from a traditional cigarette manufacturer to a leader in smoke-free products. The acquisition of Swedish Match, particularly its Zyn nicotine pouches, plays a pivotal role in this transformation, with U.S. volumes up by over 50% year-to-date as of Q2, marking a substantial increase…
BlackJack3D The following segment was excerpted from this fund letter. Danaher Corporation (NYSE:DHR) One of the companies we have studied for many years, patiently waiting for the opportunity, finally gave us what we were looking for: Danaher Corporation. During the second quarter we bought a sizable amount of Danaher. We have analyzed the company, its…
Robert Way XPeng (NYSE:XPEV) submitted a mixed earnings sheet for its third-quarter on November 15, 2023, but guided for significant delivery and top line growth in the final quarter of the year. While XPeng saw a substantial increase in third-quarter deliveries due to a return of consumer demand, the Chinese electric vehicle was not able…
Maxiphoto Investment Thesis Despite the competitive landscape, Celestica Inc. (NYSE:CLS) has broad service offerings and a strategic focus on lifecycle solutions, positioning it as a crucial partner for businesses aiming for growth and innovation. Recently, Celestica reported impressive third-quarter earnings, where the company not only exceeded revenue expectations but also demonstrated significant growth in its…
PM Images Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over 700 companies on the list, the sheer amount of data can…
MarsBars Barrick Gold (NYSE:GOLD) is a leading global mining stock that we last covered back in June. In that article, we emphasized that GOLD was a good buy on the dip in its stock price due to its growing exposure to copper, our bullish long-term outlook for gold, and the discounted valuation of GOLD. Since…
shapecharge Main Thesis/Background The purpose of this article is to evaluate the PIMCO High Income Fund (NYSE:PHK) as an investment option at its current market price. This is a CEF that is designed to seek “high current income, with capital appreciation as a secondary objective”. I have covered PHK for many years, mostly recently back…
Just_Super The Q3 Earnings Season for the Silver Miners Index is nearly over and one of the most recent companies to report its results was First Majestic Silver (NYSE:AG). Unfortunately, like Pan American (PAAS), it wasn’t a great quarter, with First Majestic reporting lower revenue, lower operating cash flow, and significantly higher costs. Worse, these…
PM Images Written by Nick Ackerman, co-produced by Stanford Chemist. We are entering what should be the final year for the Miller/howard High Income Equity Fund (HIE), with an anticipated liquidation in November 2024. The fund is a closed-end fund with a term structure, and when liquidation takes place, that means the discount that the…
TadejZupancic Summary The primary objective of the fund is not to provide a high dividend yield. Instead, it focuses on capital gains and selectively invests in consistent dividend growth. The fund’s strategy is based on the belief that such companies are likely to provide steady growth, which translates into lower risk and high returns over…
Alex Wong Fisker (NYSE:FSR) reported weaker than expected financial results for the third quarter yesterday and the EV company has delayed filing its 10Q report after the company’s Chief Accounting Officer left the firm. According total Fisker’s preliminary earnings for Q3’23, the company reported a jump in revenues and a widening of losses related to…
ArLawKa AungTun/iStock via Getty Images Investment Rundown Avis Budget Group, Inc. (NASDAQ:CAR) stock has gone down over 17% in the last 12 months and the question arises if CAR will continue to slide in valuation. I do think that this will continue because the rise in interest rates is putting pressure on everyday Americans’ spending…
Scott Olson Theses ESPN BET, the collaboration between PENN Entertainment (PENN) and ESPN / Disney (DIS), is the newest player in the sports betting market. With one of the biggest sports networks in the world as its namesake, it looks like a serious competitor at first glance, but is this really the case? I don’t…
AmpliTech Group, Inc. (NASDAQ:AMPG) Q3 2023 Earnings Conference Call November 14, 2023 4:30 PM ET Company Participants Shan Sawant – Director, Investor Relations Fawad Maqbool – Founder and CEO Jorge Flores – Chief Operating Officer Louisa Sanfratello – Chief Financial Officer Conference Call Participants Jack Codera – The Maxim Group Operator Good day, ladies and…
FinkAvenue Investment Thesis I believe Amazon.com, Inc. (NASDAQ:AMZN) offers a very attractive opportunity due to its dominant position across different sectors, diversification, and financial strength. AMZN is the leading e-commerce brand in the world with over 300 million customers; a lot of that success has to be attributed to prime membership (90 million members) and…
jetcityimage Over my time as an investor, I have been heavily influenced by individuals like Warren Buffett, Philip Fisher, Benjamin Graham, Peter Lynch, and others. And one of the things that I have learned from them is that, sometimes, the best investment prospects are the most ‘boring’ opportunities that exist. And while the definition of…
AlxeyPnferov/iStock via Getty Images We previously covered Medical Properties Trust, Inc. (NYSE:MPW) in August 2023, discussing its pessimistic prospects as the bears won the battle and the stock plummeted. Thanks to multiple tenants’ cash flow issues and the real estate investment trust’s (“REIT’s”) eventually impacted profitability, we also believed that its dividends might be cut…
Timothy McKay/iStock via Getty Images I am revisiting my Q1 thesis on Gogo, Inc. (NASDAQ: NASDAQ:GOGO) in light of Q3 earnings. Reflecting on my Q1 analysis, I rated Gogo a buy as I felt the market was undervaluing the strong, and growing subscription business. In addition, Gogo was improving cash flow, offered strong earnings guidance,…
Flexible Solutions International, Inc. (NYSE:FSI) Q3 2023 Earnings Conference Call November 15, 2023 11:00 AM ET Company Participants Dan O’Brien – Chief Executive Officer Conference Call Participants Tim Clarkson – Van Clemens Capital William Gregowski – Greenridge Global Raymond Howe – CFP Operator Good day, everyone, and welcome to today’s Flexible Solutions International Third Quarter…
vinnstock Investment Thesis Paycor HCM (NASDAQ:PYCR) had been affected due to a risk-off sentiment as macro slowdown makes the SMB segment, its core focus, more susceptible along with slowing employment growth. However, we really like the strong execution and follow through on earnings momentum in a challenging macro environment with stable retention ratios and strong…
SlavkoSereda/iStock via Getty Images My bullish thesis on Sociedad Quimica y Minera de Chile S.A. (NYSE:SQM) hasn’t worked out over the past six to seven months as the oversupply dynamics in the lithium market were more pronounced than I had anticipated. The lessons learned include placing too much emphasis on SQM’s best-in-class “A+” valuation grade…
Stephen Shugerman/Getty Images Entertainment JAKKS Pacific, the focus of my first SeekingAlpha article in May 2022, has rewarded investors with an impressive 92.16% return since then. Witnessing this underdog triumph against industry giants like Hasbro (HAS) and Mattel (MAT) has been gratifying. Starting with a market cap of $128.33 million, the company has grown to…