Brandon Bell One of the best proxies of Food Inflation is the health of the supermarket industry, particularly publicly traded grocers like Kroger Looking back on 2023, it was the year that the Disinflation theme clearly emerged as U.S. headline CPI peaked at 9% in late 2022 to now visit the 3% region as of…
designer491 By Ben Barber, CFA, Director, Municipal Bonds, Franklin Templeton Fixed Income | Jennifer Johnston, Director of Municipal Bond Research, Franklin Templeton Fixed Income A year of significant monetary policy tightening is coming to a close In the face of a persistently strong US economy, the US Federal Reserve (Fed) had to continue tightening monetary…
Editor’s note: Seeking Alpha is proud to welcome Value Voyage as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Luis Alvarez/DigitalVision via Getty Images Executive Summary LKQ Corporation…
LPETTET If you do what everyone else does, you’re going to get the same results that everyone else gets. – Charlie T. Munger While some of the most reliable valuation indicators show the S&P 500 index in overvaluation territory, it is well known that much of the excitement is concentrated in just a few stocks….
pick-uppath/E+ via Getty Images The S&P SmallCap 600 Index [Small Cap index] tracks the performance of 600 of the U.S. companies that have a market capitalization [cap] between $850 million and $5.2 billion. Typically, a market value between $250 million and $2 billion falls under the small cap umbrella, while a mid cap’s market value…
New year 2024. Calculator and US dollars Life Background/iStock via Getty Images A new year means a new market. And in 2024, I’m eager to keep buying stocks. This year, I invested more money in term deposits than stocks, due to the rise in interest rates we’d observed in 2022. With the Fed forecasting 75…
spooh Thesis Vista Energy, S.A.B. de C.V. (NYSE:VIST) is in the middle of a significant expansion. They are drilling new wells and attaching them to a pipeline network for servicing both local and export markets. While this is producing significant capital expenditure, it should also lead to significant revenue increases. This is a follow up…
Torsten Asmus The iShares TIPS Bond ETF (NYSEARCA:TIP) has mounted a strong recovery over the past few months as bond yields have moved sharply lower. This has outweighed the impact of lower inflation expectations, which typically act as a drag on inflation-linked bonds. I argued in my previous article that the strength in stocks and…
syahrir maulana One of my main investment themes heading into 2024 is the potential outperformance of small-cap equities as they play ‘catch-up’ to the mega-cap ‘Magnificent 7’ stocks. As long as the economy holds up, I believe there is valuation upside to small-cap equities as the S&P 600 SmallCap Index only trades at a forward…
FatCamera/E+ via Getty Images It’s lesson time. That’s the plan coming from the newly minted Mynd.ai Inc. (NYSE:MYND), which has become the latest company to rise from the ashes of China’s education crackdown of more than two years ago. Mynd.ai formally took on its new name and assets on Dec. 13, as the listed company…
Antagain This article is part of a series that provides an ongoing analysis of the changes made to Lone Pine Capital’s 13F portfolio on a quarterly basis. It is based on their regulatory 13F Form filed on 11/14/2023. Please visit our Tracking Stephen Mandel’s Lone Pine Capital Portfolio article for an idea on their investment…
Rangsarit Chaiyakun Back in October, I wrote that the transition to a traditional refiner for Vertex Energy, Inc. (NASDAQ:VTNR) has not been smooth, and that investors should stay on the sidelines. With the company reporting Q3 results last month, let’s catch up on the name. Company Profile As a reminder, VTNR is a refiner. The…
red_moon_rise/E+ via Getty Images Executive Summary The journey to bring molecular non-invasive prenatal screening/testing ‘NIPT’ to mainstream healthcare standards hasn’t been easy. The sector faced and overcame the challenges of proving the accuracy and reliability of this tech. Natera (NASDAQ:NTRA) offers an opportunity to capitalize on the considerable groundwork already laid as we enter an…
Marta Nogueira/iStock via Getty Images As with any investment vehicle, once the product becomes overly loved the returns slow down. The Schwab U.S. Dividend Equity ETF™ (NYSEARCA:SCHD) is a prime example of an over-loved investment idea that has now dramatically underperformed the S&P 500 Index (SP500) for an extended period. My investment thesis is more…
Jeremy Poland Vaalco Energy, Inc. (NYSE:EGY) shares fell sharply on the news of a coup in Gabon. But the business of the company is primarily offshore and, therefore, largely affected by the government change. Furthermore, the company has significant business in Canada and Egypt to offset any increasing risk of doing business in Gabon. The…
fatido/iStock via Getty Images TScan Therapeutics (NASDAQ:TCRX) has been able to report positive results from its phase 1 multi-arm study for the treatment of patients with several types of hematological malignancies such as acute myeloid leukemia [AML], myelodysplastic syndrome [MDS] and Acute Lymphocytic Leukemia [ALL]. It did so with the use of two T-cell receptor…
Orbon Alija Following our initiation of coverage of On Holding AG (NYSE: NYSE:ONON), today we are back to comment on the company results based on the Nike Q2 2024 readout and the latest news on the Sporting Goods sector. In this update, there are at least three takes on the read across from Nike’s September-November…
francois-roux/iStock Editorial via Getty Images KKR Real Estate Finance (NYSE:KREF) is swapping hands at a 14% discount to book value per share of $16.29 as of the end of its fiscal 2023 third quarter. This discount has tightened materially from 28% since I last covered the mortgage REIT whose most recent quarterly cash dividend of…
Orbon Alija I started to notice more and more people at my gym and around Boston wearing On Holding AG (ONON) sneakers at the beginning of 2022. Sneakers that only hard-core runners wore were now all over the place, including people of all ages. I bought my first pair of On sneakers sometime in the…
JackF/iStock via Getty Images Investment Thesis Over the past 8 years, Sleep Number Corporation (NASDAQ:SNBR) revenue grew at 11.1 % CAGR. But this was driven more by price growth than volume growth. In this context, I would not consider SNBR a high-growth company. From a fundamental perspective, the company is an average performer. There were…
Juan Jose Napuri Just over five months ago, I wrote on Jaguar Mining (OTCQX:JAGGF), noting that while the stock was on track for another year of missed guidance, the stock would become a Speculative Buy at US$1.23 or lower. This turned out to be a poor call in hindsight as the stock plunged another 20%…
RgStudio Investing in fuboTV (NYSE:FUBO) has been a tremulous journey for me, marking it as one of my worst investments. While starting a bullish article with such a candid admission might seem strange, I find it essential to establish context for a clearer understanding. Reflecting on my previous analyses, I wrote two bullish articles on…
GCShutter A Quick Take On Conduent Conduent Incorporated (NASDAQ:CNDT) provides business process outsourcing services to organizations and governments worldwide that have transaction-intensive applications. I previously wrote about CNDT in September 2023 with a Hold outlook on further client spending headwinds. The firm is forecasting unpredictability, which, when combined with expected revenue decline in 2024 and…
FinkAvenue Investment Thesis I believe the central argument for investing in Amazon.com, Inc. (NASDAQ:AMZN) heading into 2024 is that their Prime Video service and their core e-commerce business are really starting to see synergistic growth. The use and accessibility of Amazon’s video service push people to stay in (and watch TV) rather than go out,…
beingbonny/iStock via Getty Images Investment Thesis Transcontinental (TSX:TCL.A:CA) is a flexible packaging and printing company in North America. It reported its quarterly results and has managed to deliver decent performance despite the macroeconomic pressures. I believe the company can further grow in the future as it has highly focused on the commercialization of recyclable flexible…
Ivan Bajic Impressive Qualities The stock of the direct-to-consumer (DTC) beauty and wellness firm- Oddity Tech Limited (NASDAQ:ODD), hasn’t made a great deal of money for its shareholders since its listing in July this year, but that doesn’t necessarily mean that this is a bog-standard business; far from it. YCharts In fact, if you’re looking…
OGphoto Introduction At our Conservative Income Portfolio service, we look for under-the-radar bargains. KMPB is one example, and I am the only Seeking Alpha analyst covering this very interesting and undervalued baby bond. Kemper Corporation Kemper Corp. (NYSE:KMPR) is a well-known insurance company, actually a family of insurance companies. The fact that their name is…
Pgiam/iStock via Getty Images Harmony Biosciences Holdings, Inc. (NASDAQ:HRMY) is staying depressed because of the failure of a Phase 3 study for pitolisant in patients with Idiopathic Hypersomnia, challenges from short sellers, increasing doubts about its patent estate, doubt about the value of its Zynerba acquisition, and increasing competition from a few rivals, including Axsome…
In many parts of the world, access to electricity is a luxury that we often take for granted. Sub-Saharan Africa (SSA), for example, faces a severe electricity deficit, with over 600 million people without power. This deficit leads to economic stagnation, reduced food production, poverty, and even civil unrest. The correlation between electricity access and…
Michael Derrer Fuchs/iStock Editorial via Getty Images Dear readers/followers, I’ve been a “buy” er of Rolls-Royce for some time – all the way up until this summer, although the company has continued to climb after that as well. However, I have not rotated the entirety, or even most of my position in the company, which…
The accidental double payment of settlement funds to Mt. Gox creditors adds a new chapter to the saga of one of the crypto industry’s earliest and most remarkable failures. In a recent development, multiple reports on Reddit indicate that some creditors of the infamous Mt. Gox crypto exchange have received settlement funds twice due to…
LifeJourneys Ongoing rotation into metals & mining stocks With the breakout higher in small caps, I wrote in recent articles in December and November that we must be alert to sector rotations in the equity market. This is because sectors like financials, industrials, healthcare and technology make up the largest weights within the small-cap universe,…
The “smart money index”, which measures the net bullish bets by institutional players through Chicago Mercantile Exchange (CME) Bitcoin futures, has reached an all-time high of over 13,700 in recent days. Large investors have taken large long positions in the Bitcoin (BTC) futures market, indicating that institutional capital is flooding into the coin in anticipation…
JuSun Not all stocks are created equal, with each having varying degrees of risk depending on valuation, asset class, management acumen, and the list goes on. While it may be tempting to catch high-fliers like Nvidia (NVDA), one must be willing to stomach valuation risk based on high future expectations while getting paid little to…
The amended ETF application came after a series of meetings between Grayscale and the SEC in December. Leading asset manager Grayscale Investments has filed an amended S-3 application seeking to convert its Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF. Bloomberg analyst James Seyffart confirmed the reapplication with the Securities and Exchange Commission (SEC)…
BalkansCat Investment Thesis At $144 a share, nearly 61% down from its all-time high (ATH) of $374, Estée Lauder (NYSE:EL) might seem like a tempting bargain. The dramatic pullback might lead some investors to believe the worst is over. However, the potential for further risk remains significant, and it’s worth reiterating that caution is still…
While the average performance of crypto funds did not match the more than 150% rally in Bitcoin this year, the positive shift in fortunes is a promising development for the industry. After facing a strong crypto winter in 2022 following the collapse of Three Arrows Capital (3AC), crypto hedge funds are making a comeback. Crypto…
Katrina Wittkamp/DigitalVision via Getty Images Investment action I recommended a hold rating for Burlington Stores (NYSE:BURL) when I wrote about it the last time, as I did not see any positive catalysts that would drive multiples upward. My expectation was that the stock price would stay rangebound. The stock clearly did not stay rangebound, as…
The timing for the launch of the ShimmerEVM Bridge is a perfect one, considering the broader expansion underway in the IOTA ecosystem. The ShimmerEVM protocol from IOTA is advancing an impressive cross-chain interoperability protocol with the integration of LayerZero’s technology to enhance its bridging capabilities. As reported by Coindesk based on the scoop from the…
Justin Sullivan When looking at the stocks listed in the S&P 500 Index (SP500), there is one stock that increased 234% year-to-date and clearly outperformed all other stocks – Nvidia Corporation (NASDAQ:NVDA). And while probably everyone else saw this coming, was bullish about Nvidia all along and – of course – invested in Nvidia and…
The quest for a Bitcoin exchange-traded fund (ETF) has been a protracted journey, marked by highs and lows. In fact, those excited that a Bitcoin spot ETF approval could take place as soon as January may be shocked to know the initial attempt at a Bitcoin ETF dates back to July 2013 . That’s when investors Cameron…
Paolo Cordoni When it comes to investing, everyone wants to make money, but sometimes things don’t work exactly as you had planned. Everyone hopes they buy a stock that goes up over time, but there will be those stocks that go in the opposite direction, and they weigh on your portfolio. Understanding how the tax…
By compelling influential political leaders and bureaucrats to share their virtual currency investments, South Korea hopes to heighten transparency surrounding public-sector finances. South Korea is set to begin disclosing the cryptocurrency holdings of top public officials beginning in 2024, marking a monumental push toward transparency and accountability in government services. According to an announcement from…
Douglas Rissing First, let me revisit the inflation news I brought you last week: Consumer prices are falling around the world. China’s National Bureau of Statistics reported that its consumer prices declined 0.5% in November, reaching the fastest 12-month decline in three years. Germany’s consumer price inflation also declined 0.3% in November. That means our…
MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 14,620 BTC at a total cost of $615.7 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin’s price has been experiencing upward momentum, reaching highs of over $42,000. The company initially entered the Bitcoin…
chaofann Today, some REITs are so cheap that they could double in 2024. Before you tell me that I am getting ahead of myself just consider that the last two times, REITs were this cheap, they more than doubled in value shortly after. Following the crash of the great financial crisis, REITs nearly tripled in…
RonFullHD/iStock via Getty Images When you have a stock that has already rallied by over 250% this year alone as is the case with Vertiv Holdings (NYSE:VRT) and is trading at a forward price-to-sales of nearly 90% above the median for the industrial sector, you better have some strong justification for any future upside. This…
2024 could be a slower year for the business landscape in the US economy, however, many economists are positive that the US recession could be thwarted with a soft landing. Bulls made a strong comeback this year in 2023, and as the year ends, the Fed has given major signals of interest rate cuts in…
Ivan Pantic I am buying the sell-off in NetEase (NASDAQ:NTES) shares (-16%), after Beijing introduced new guidelines aimed at curtailing online gaming content consumption on both time spent and money invested. Although I understand that the regulatory announcement will rekindle fears of a broader crackdown on gaming in China, I believe the intent of the…
CZ is not the only popular crypto figure that made it to Bloomberg’s world’s 500 richest people in 2023. Brian Armstrong had a net worth of $7.25 billion. Changpeng Zhao (CZ), the founder and former CEO of Binance, has once again made it to Bloomberg’s Billionaires Index for 2023 despite facing regulatory challenges in the…