Supatman/iStock via Getty Images In a recently developed market like China where everything is new, car services veteran Autohome Inc. (NYSE:ATHM, 2518.HK) is playing the contrarian with a big new bet on used car trading. Such a bet may have once raised eyebrows, in a land where new homes, new cars and new gadgets were…
gorodenkoff I initiated Stryker (NYSE:SYK) in August 2023, and pointed out that Mako would continue to be a growth driver for the company. They reported a strong Q3 FY23 result and provided an initial FY24 guidance with 10%+ organic revenue growth. The Mako shoulder and spine applications are on track, and I think they are…
hobo_018/E+ via Getty Images Education is the kindling of a flame, not the filling of a vessel.” -Socrates Today, we put Coursera, Inc. (NYSE:COUR) in the spotlight for the first time. This online education provided has profitability on the horizon and is delivering solid revenue growth. The company also has a rock-solid balance sheet. However,…
As it prepares to finalize the acquisition of Hess, Chevron will announce its 37th year of dividend growth in January. Brandon Bell This is the latest in my series of articles where I provide predictions of annual dividend increases for long-term dividend growth companies. At the end of November, I provided predictions for 18 dividend…
This article was written by Follow Justin Law has a Ph.D in Chemistry from Rice University and has earned the CFA Institute Investment Foundations certificate. He applies his knowledge to deep value and dividend paying stocks. Justin is a contributor to the investing group The Dividend Kings where he curates the Dividend Champions list, a…
JONGHO SHIN As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk premium in this graph, which shows the zero-coupon yield curve implied by current Treasury prices compared with the annualized compounded…
Sergey Peterman Introduction The Weekly Breakout Forecast continues my doctoral research analysis on MDA breakout selections over more than 8 years. This is a high frequency breakout subset of the different portfolios types I regularly release has now reached 343 weeks of public selections as part of this ongoing live forward-testing research. Plus, all new…
Realpictures/iStock via Getty Images After years of outperformance against other emerging Asian markets, Indian equities are hardly undervalued. Its consumer sector, which features many of the country’s ‘feel-good’ franchises, still screens richly – since I last covered the fund, Columbia Threadneedle’s sector-focused India Consumer ETF (NYSEARCA:INCO) portfolio has de-rated slightly but remains multiple turns above…
Ирина Мещерякова Foreword As supplement to this article, please note that The Motley Fool, which sourced this latest list, and SureDividend both update their lists periodically. While most of this collection of 54 Kings is too pricey to justify their skinny dividends, five of the top-ten, by yield, and three more outside of the top…
MarsBars Written by Nick Ackerman, co-produced by Stanford Chemist. Barings Corporate Investors (MCI) is a fund that invests primarily in the private high-yield market. In particular, with significant exposure to floating rate securities and has been benefiting from that through higher income-generation. That has led to the fund increasing its distribution regularly over the last…
Justin Sullivan Investors in PayPal Holdings, Inc. (NASDAQ:PYPL) are likely assessing whether the worst in its price decline could be over since my previous update in October (pre-earnings). I argued that while PYPL is expected to “stage a momentary reversal given oversold conditions,” there’s still much for PYPL buyers to prove to untether it from…
jurgenfr This was a tough year for cannabis stocks! While some have rallied, most have declined. Stocks that have seemed cheap have gotten cheaper. One that I really like, Organigram (NASDAQ:OGI), was down a lot in 2023, but it has rallied since I last wrote about it in October. I called it a great stock…
Merkuri2 Shares of Paramount Global (NASDAQ:PARA) have been on the rise in recent months on rumors that the company could be sold or merged with one of its competitors. While there’s no clarity about what’s going to happen next, we could assume that the worst for the company is likely behind it. While the rumors…
asbe Introduction If there’s one thing I have highlighted in recent articles, it’s my increased focus on value stocks, given that the stock market valuation hints at subdued long-term total returns. Generally speaking, this favors stocks with low valuations and/or decent yields, as we can expect a bigger part of future total returns to come…
bjdlzx Like any other “trend” or noteworthy industry activity, there is a tendency for “all the players” to head in the same direction. But shareholders are paying management to find a deal or a low-cost way that the main crowd does not find. Crescent Energy (NYSE:CRGY) is a major consolidator that does not follow the…
Slaven Vlasic/Getty Images Entertainment There’s an indication that the worst for Disney (NYSE:DIS) is likely behind it as its CEO Bob Iger is finally turning the business around. The latest relatively successful earnings results along with other recent developments point to the fact that Disney is on track to recovery and its streaming business could…
asbe By Jon Forrest Little The quote and chart below is from Crescat Capital’s Tavi Costa. Mexico’s silver production is now declining double digits annually for the first time in almost a decade. Historical trends indicate that substantial contractions in new supply have presented excellent opportunities to invest in the metal. More importantly: Consider that…
webking The year 2023 was a huge year for stocks, after a terrible year for stocks. A handful of huge stocks provided extraordinary power to push stock indices higher in 2023. And then, over the last two months of the year, there was the mania over the Fed’s gazillion rate cuts in 2024, which not…
Lemon_tm By Brien Lundin Gold just set a new record high, although you’d be forgiven for not noticing in the absence of any hoopla or even commentary. This stealth bull run, accomplished without the help of Western investors and just as the Fed is about to pivot, will make for a very Happy New Year…
Sergey Dolgikh/iStock via Getty Images Listen above or on the go via Apple Podcasts and Spotify Rob Isbitts on 12 market themes of 2023 and why 2024 is set to be the year of living dangerously as we have a lot of markets at the crossroads. This is an abridged conversation from a recent Investing…
fcafotodigital Dear readers/followers, In this article, I’m not going to talk about any one specific investment – instead, I’m going to be talking about mindset and macro/high-level strategy for success. I do a number of these articles each year, and their purpose is always a similar one. Update you, dear subscribers/readers, on my considerations, goals,…
da-kuk Upstart (NASDAQ:UPST) has been faced with a tough business environment since interest rates began their steep rise in early 2022. Still, hope is on the horizon. The company has secured committed funding, substantially lowered its cost basis, and launched new products. Interest rates will also trend downward soon. Upstart’s shares have already played this…
Michael Vi/iStock Editorial via Getty Images Shares of Sempra (NYSE:SRE) have been a poor performer over the last year, losing about 5% of their value. Higher interest rates have weighed on utilities and dividend-oriented stocks. While higher interest expense has had a negative impact on results, SRE has a strong growth position, which should enable…
da-kuk Friday morning’s release of initial jobless claims disappointed relative to expectations as they climbed up to 218K versus expectations for an increase to only 210K from last week’s reading of 206K. At current levels, jobless claims are rounding out 2023 in the middle of the past couple of years’ range: not as strong as…
HannamariaH After a sleepy end to 2023, the market should return to full speed this week with a slew of data that will likely help determine whether the more than six rate cuts priced in for 2024 will be fantasy or reality. Right now, six rate cuts in 2024 seem more like fantasy than reality,…
JHVEPhoto I covered ServiceNow (NYSE:NOW) last January, concluding that the stock should reach $150B market cap over the next handful of years. Less than one year later, the stock is just about there. This is yet another case study of the irrationality of the market herd. In July of 2022, sentiment on ServiceNow was extremely…
Nikada Ladder Capital (NYSE:LADR) is a leading mortgage REIT that provides capital for the commercial real estate sector. The REIT chiefly invests in senior secured loans, which are secured by commercial real estate and which provide Ladder Capital with regular interest income. Ladder Capital as well as the broader commercial real estate industry may see…
Watcom At the beginning of the year, I wrote a cautious article on the Western Asset/Claymore Inflation-Linked Opportunities & Income Fund (WIW), warning that a ‘higher for longer’ Federal Reserve may prove to be a headwind for the duration-heavy WIW fund. I also warned that the WIW fund will likely retest its October 2022 lows,…
Nikada Stock & Industry Snapshot To celebrate my first year as a contributing analyst on Seeking Alpha, I am closing out 2023 by covering one of the first stocks I covered last spring, and in one of my favorite sectors to write about, financials and banking. Some quick facts about Morgan Stanley (NYSE:MS) are that…
Eric Thayer Costco (NASDAQ:COST) experienced an exceptionally strong q1’24 in revenue across all segments and membership growth. With margins widening towards FY21 levels, the big question is whether Costco will be able to maintain this level of growth and profitability. With an anticipated 33 new warehouses opening in 2024, strong 90.50% global renewal rates, and…
CharnW/iStock via Getty Images My Thesis Thanks to its improving fundamentals, cheap valuation, and industry tailwinds, I believe Himax Technologies, Inc. (NASDAQ:HIMX) stock is well-positioned to rally in the coming months. My Reasoning Founded in 2021, Himax Technologies, Inc. is a Taiwanese semiconductor company specializing in display imaging processing technologies. It produces display driver ICs,…
JHVEPhoto ServiceNow (NYSE:NOW) presents itself as an interesting investment pitch from growth and a broader commercial momentum perspective: After having expanded topline at a ~100% CAGR from 2013 through 2022, ServiceNow may still have attractive growth whitespace ahead, as the company is poised to play an important role in driving digital transformation. On that note,…
hh5800/iStock via Getty Images Deals and Financings Shanghai’s Elpiscience Biopharma has formed a $1.7 billion collaboration with Japan’s Astellas Pharma (OTCPK:ALPMF, TSE: 4503) to develop a novel bispecific macrophage engager, ES019, along with an unspecified program (see story). Initially, Elpiscience will receive up to $37 million, including an upfront payment and license option fees. Astellas…
Michael M. Santiago/Getty Images News Back in October, I upgraded Etsy (NASDAQ:ETSY) to “Buy,” nothing that while the stock had been pummeled this year, that the company had made progress increasing the number of active buyers on its platform, as well as gaining traction in international markets. With the stock up over 25% since then,…
Suriya Phosri/iStock via Getty Images Thesis Tenable’s (NASDAQ:TENB) strategic positioning in the cybersecurity market, underscored by its prowess in vulnerability assessment and expanding capabilities in AI and cloud security, sets it up for potential growth. However, its financial performance, characterized by steady revenue growth but persistent profitability challenges, presents a nuanced picture of its future…
champpixs JPMorgan Chase (NYSE:JPM) recently presented at the Goldman Sachs conference. There were two important takeaways from the conference. Firstly, Net Interest Income is expected to be a positive tailwind for the bank as the First Republic transaction has performed better than modeled. Secondly, its focus on expanding its asset management business will continue to…
pidjoe Thesis: NextEra Energy (NYSE:NEE) has had a surprisingly volatile 2023 for a blue-chip utility stock and is currently down 30% across the last year. This extreme weakness represents an opportunity to be greedy and accumulate shares for a promising 2024. Pairing strong dividend growth, a commanding positioning in the industry, and a picture-perfect macroeconomic…
Justin Sullivan Overview AT&T (NYSE:T) is a global provider of telecommunications and technology services, operating through two key segments: Communications and Latin America. The Communications segment delivers wireless voice and data communication services, retailing handsets, wireless data cards, computing devices, and related accessories through its company-owned stores, agents, and third-party retail outlets. Additionally, it offers…
DigiClicks Red Flag Delek Logistics Partners, LP (NYSE:DKL) appears, at first blush, to be an attractive investment opportunity. The U.S. oil and gas energy industry is flourishing. Concomitantly, the Delek share price is down YTD and over the last 12 months. In our opinion, management is not reinvesting enough money in expansion for growth; they…
DaLiu/iStock via Getty Images Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
wmaster890/iStock via Getty Images We continue to be buy-rated on CyberArk (NASDAQ:CYBR). 3Q23 results and outlook confirm our belief that CYBR is better positioned to outperform as the transition to the SaaS business model completes; this quarter, subscription bookings made up 97% of license bookings in the quarter, higher than 87% in the year-ago quarter….
Annabelle Chih Taiwan is once again at the center of attention, as Beijing has signaled publicly and privately that the ‘reunification’ of the island with the mainland is only a matter of time. While no one knows for sure what’s going to happen with Taiwan in the foreseeable future, the rise of tensions in the…
mixmotive Annual Update Union Pacific is a long-term member of my investing universe. I last wrote about the company and provided an intrinsic valuation about a year ago (Union Pacific Stock: Intrinsic Value Update). This article updates the key sector statistics, provides a valuation update and an investing recommendation. Rail Sector Overview The US rail…
skynesher/E+ via Getty Images No man is a failure who has friends. Every year around Christmastime, my family watches the classic film, It’s A Wonderful Life. Most of us cry at the ending every year. I cannot recall a time in my life that I have ever cried tears of joy, rather than sadness, except…
IB_photo Investment Thesis I assign a “BUY” on Restaurant Brands International (NYSE:QSR) with an implied share price of $83.88. RBI is an asset-light business with growing royalties underpinned by high-quality brands such as Burger King, Tim Horton, Popeyes, and Firehouse Subs. I believe the involvement of the new chairman can benefit the company, given his…
William_Potter Introduction Last time I wrote on FS KKR Capital (NYSE:FSK) was back in August in an article titled, “The Road Ahead Looks Promising.” That was right before the BDC reported its Q2 earnings. Some time has passed since reporting Q3 earnings. So, I felt like it was time to take another look at them….
PashaIgnatov Author’s Note: This article is part of our periodic/monthly series that attempts to present two lists of stocks for the month that could be suitable for writing options to generate relatively safe income. Certain parts of the introduction, definitions, and section describing the selection process will have some commonality and repetitiveness with our other…
Luis Alvarez With the 2023 market behind us, we took a look at how two popular closed-end funds – the Liberty All-Star Equity Fund (NYSE:USA), and its sister CEF, the Liberty All-Star Growth Fund (ASG), have performed over the short and long term. This article also covers their current valuations, dividend yields, and holdings. Fund…
yaom/iStock via Getty Images The only thing that can said with high confidence about the year ahead is that it will be different from 2023. Three broad forces will shape the business and investment climate in the year ahead. First, the post-Covid tightening cycle in the high-income countries, leaving aside Japan, has ended. The question…