Michael M. Santiago Walgreens (NASDAQ:WBA) formerly the premier retail drug store operator from the last 20 years of the 20th century (i.e. 1980s and 1990s) reports their fiscal Q1 ’24 financial results before the opening bell on Thursday, January 4th, 2024. Analyst consensus is expecting $0.63-0.64 per share in EPS, while revenue and operating income…
zencreation/iStock via Getty Images After a massive surge in egg pricing in 2022, Cal-Maine Foods, Inc. (NASDAQ:CALM) stock enjoyed an incredible bounce. We cautioned investors to sell the stock in December 2022. While shares trickled a bit higher from that call, shares began to reset shortly into 2023. Shares have crept up in the last…
Zerbor/iStock via Getty Images Investment Overview Bristol-Myers Squibb Company (NYSE:BMY), the Princeton, New Jersey-based Big Pharma concern, experienced a poor year in terms of share price performance in 2023. BMY is currently the seventh largest of the “Big 8” U.S.-headquartered global Pharmas, with a market cap of ~$107bn at the time of writing. Eli Lilly…
Today, Collect & HODL Co, a subsidiary of ProSnacktive Sales LLC, in collaboration with the renowned toy company Duncan Toys, has announced the launch of a Limited Edition, first ever Bitcoin-themed Duncan Butterfly XT Yo-yo, per a press release sent to Bitcoin Magazine. The Yo-yo, symbolizing the market’s ups and downs akin to Bitcoin’s fluctuations, aims to…
Michael M. Santiago Vertically integrated multi-state operator (“MSO”) TerrAscend Corp. (OTCQX:TSNDF) owns three retail brands: The Apothecarium, GAGE Cannabis, and Allegany Medical Marijuana Dispensary. The company had a great 2023, driven by its 38 Dispensaries across Maryland, Pennsylvania, New Jersey, Michigan, California, and Canada. The common stock was up roughly 51% even as its cash…
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. “Economics I think is sort of like accounting — you know, it doesn’t immediately have any morals. You could go into welfare economics, you try to think…
Phynart Studio/E+ via Getty Images MSA Is On A Slow Growth Path I have discussed MSA Safety Incorporated (NYSE:MSA) in the past, and you can read the latest article here. Over the years, it has expanded into new geographies and complementary technologies. After Q3, the company focuses on gas detection products and firefighter safety equipment….
Microbix Biosystems Inc. (OTCQX:MBXBF) Q4 2023 Earnings Conference Call January 3, 2023 11:00 AM ET Company Participants Deborah Honig – Investor Relations Cameron Groome – Chief Executive Officer and President Jim Currie – Chief Financial Officer Ken Hughes – Chief Operating Officer Deborah Honig Good morning. Thanks for joining us with our first webinar of…
cynoclub/iStock via Getty Images I think people forget that there are exchange-traded funds, or ETFs, that are one-stop shops for overall portfolio allocations that are balanced and largely appropriate for one’s own risk tolerance. To that end, the iShares Core Aggressive Allocation ETF (NYSEARCA:AOA) is worth focusing on. This is a fund-of-funds that provides investors…
Kwarkot Introduction To say 2023 has been an eventful year for Arbor Realty Trust (NYSE:ABR) would be an understatement. The company saw significant fluctuations in its share price over the year, from a low of just over $10/share to a high of close to $18/share. This was in no small part due to the short…
sanfel Target Corporation (NYSE:TGT) is one of the largest and most successful retailers in the United States, with a market cap of $65.81 billion and annual revenue of nearly $110 billion. The company has been able to differentiate itself from its competitors by offering a wide range of products, from essentials to discretionary items, at…
gorodenkoff/iStock via Getty Images With this article, I will try something I’ve never done before. I will try and predict earnings for Celestica Inc. (NYSE:CLS) in the next quarter. I’ve never done this before because my roots are in value investing, where it is a maxim that everyone is focusing on next quarter’s earnings, while…
Financial giant Goldman Sachs is in advanced discussions to secure a pivotal role as an authorized participant (AP) for the proposed spot Bitcoin Exchange-Traded Funds (ETF) from BlackRock and Grayscale Investments, CoinDesk reported. According to insider sources, Goldman Sachs is positioning itself to play a significant role in the creation and redemption of shares for the…
JulPo Investment Thesis Shift4 Payments (NYSE:FOUR) is, plain and simple, a payment processor company. They have built the tech and software to allow companies to charge its clients. They serve more than 200,000 business locations across major industries like hospitality, restaurants, sports venues, and e-commerce. They have everything from the POS system, to the software…
designer491/iStock via Getty Images Peace is not absence of conflict, it is the ability to handle conflict by peaceful means.” – Brian Tracy. Today, we put Pliant Therapeutics, Inc. (NASDAQ:PLRX) in the spotlight. The company’s lead asset seems to have significant promise and is targeting a couple of potentially lucrative indications. Analyst firms are quite…
The city of Hong Kong is serious about crypto. After three years of struggles with COVID-19, the city is vibrant and flourishing again as business executives and tourists of all kinds pour back into Asia’s financial center. New guidelines from the Securities and Futures Commission are paving the way. Since Hong Kong FinTech Week last…
DNY59 I’ve argued that 2024 will see a return to dividend-style investing given the Fed pivoting on rates, and think there are a number of good funds to play this. For this reason, the First Trust Rising Dividend Achievers ETF (NASDAQ:RDVY) is worth a look for any investor seeking to tap into the potential of…
The Securities and Exchange Commission (SEC) is holding meetings with leading stock exchanges to conclude discussions and gather final comments on the much-anticipated Spot Bitcoin Exchange-Traded Funds (ETFs), according to Eleanor Terrett of FOX Business. The SEC has been under intense scrutiny regarding the approval of Spot Bitcoin ETFs, which would open doors for widespread access to…
Michael M. Santiago Arm Holdings plc (NASDAQ:ARM) recently IPOed at around $50. After an initial pop, ARM shares declined below their $50 price tag. Then, the year-end rally pushed shares higher to nearly $80. Now, we’re seeing the decline. So, where does Arm stock go from here? While Arm is a leading chip designer, its…
Parradee Kietsirikul/iStock via Getty Images Usual end of year review here. It hasn’t gone well, overall, +0.8 (excluding Russian frozen stocks) or +5.4% including Russian frozen stocks. If Russia goes back to normal, will be up far more as there are a lot of dividends waiting to be collected, not included in the below. Linking…
anyaberkut I have been a student of the stock market for 45-years, and I continue to learn. The stock market is, at once, both a simple system and the most complex system we have created. It is the most complex system because, not only do we not understand how all the variables interact with each…
Originally posted on Unlimited Hangout. One of the oddest and most mysterious relationships that emerged out of the collapse of FTX last year was Alameda Research’s unusual relationship with Farmington State Bank, one of the smallest, rural banks in the United States that came under the control of Jean Chalopin in 2020. Chalopin is best…
Max Zolotukhin/iStock via Getty Images By Kevin Flanagan In what can be described as a big understatement, calendar year 2023 proved to be an incredible roller-coaster for U.S. fixed income. From interest rates to spread movements, volatility continued to be underscored in a rather noteworthy fashion. However, with all of this back and forth, an…
Fly View Productions With a market capitalization of $5.51 billion as of this writing, Valley National Bancorp (NASDAQ:VLY) is one of the larger banks that I have decided to perform a deep dive into over the past year. Over the past few years, revenue and profits for the institution have skyrocketed. There has been some…
ugurhan Blackstone Secured Lending Fund (NYSE:BXSL) is a business development company or BDC externally managed by Blackstone Credit BDC Advisors. As a result, BXSL benefits from Blackstone Credit’s massive scale while leveraging its parent, the leading alternative asset manager, Blackstone Inc. (BX). BXSL benefits from Blackstone Credits’ “strong backing and potential access to high-quality investment…
vm Each year, Agecroft Partners predicts the top hedge fund industry trends through their contact with more than two thousand institutional investors and hundreds of hedge fund organizations. Given the hedge fund industry’s dynamic and constantly changing nature, it is crucial for firms to anticipate likely changes. Those that are able to adapt effectively to…
Michael M. Santiago/Getty Images News Investment Thesis The growth rate of Mobileye (NASDAQ:MBLY) seems to have cooled a bit down in the last year. However, this is arguably because it is the calm before the storm with regards to the adoption of next-gen (partly) autonomous driving systems. These have a price of between 1 and…
filadendron/E+ via Getty Images The Bureau of Labor is set to release the Payroll report for December 2023 on Friday. Before the Payroll report, we will also get the new data on JOLTS job openings on Wednesday and the Weekly initial claims for unemployment on Thursday. Thus, this week will be very busy for investors,…
da-kuk Short of new all time high prices in the top crypto coins or crypto stocks, 2023 was a momentous year for the industry. Here’s a quick recap of just a handful of the numerous catalysts that had an impact on the market last year: The SEC became more combative with the industry and deemed…
The acquisition of Solscan by Etherscan comes at a time when activities on the Solana ecosystem garnered interest from crypto traders due to the resurgence of meme tokens. Etherscan, a renowned blockchain explorer focusing on the Ethereum ecosystem, has announced the acquisition of Solscan, another prominent crypto data provider for the Solana protocol. In an…
da-kuk My thesis Marvell Technology (NASDAQ:MRVL) has delivered solid growth over the recent years, driven by nearly all its business segments. The acquisition of Inphi in 2011 was the missing part of connecting the computing and storage data center business to high-performance data transmission. The stock valuation was priced for perfection back in early 2022….
The Binance crypto exchange had a monthly trading volume dominance of about 40 percent, representing $432 billion, despite the regulatory hurdles. Amid the ongoing spot Bitcoin exchange-traded funds (ETFs) frenzy in the United States, cryptocurrency exchanges around the world have been among the biggest beneficiaries of heightened demand for digital assets. According to detailed market…
KanawatTH Summary Readers may find my previous coverage via this link. My previous rating was a buy, as I believed Couchbase (NASDAQ:BASE) would continue growing by riding on the industry tailwind. The stock would react positively if BASE were to reach profitability as well. I am reiterating my buy rating for BASE as I see…
The latest report also suggests that Jane Street Capital will be the “authorized participant” for the Bitcoin ETFs of Fidelity. Two proposed Bitcoin exchange-traded funds (ETFs) have outlined their fee structures in the event of approval, according to a report from Fortune. Fidelity Investments plans to charge holders of its Wise Origin Bitcoin Trust a…
stockcam 2023 was a year full of surprises. 2023 established the “Magnificent Seven”, saw banks such as Silicon Valley Bank collapse, while interest rates continued to climb at a historic pace. As an investor, I also experienced some surprises in my own portfolio. Today, I’d like to discuss one my stocks which is a founder-led…
Now that we have seen how instant settlement can affect the construction industry let’s see the next industry that can have a huge impact – logistics. To begin, let’s examine the logistics industry through the lens of an online order example. What unfolds when we select a product on a website that requires delivery to…
Fly View Productions The Angel Oak Financial Strategies Income Term Trust (NYSE:FINS) is a closed-end fund that income-focused investors can employ in pursuit of their goals. The fund certainly does fairly well at the provision of income, as its 10.98% current yield compares very well with many other income-focused investments in the market right now….
The Mad Money host described the recent Bitcoin rally above $45K as a remarkable comeback that was unexpected. After registering notable gains during the fourth quarter of 2023, Bitcoin (BTC) price opened in 2024 in a bullish outlook fueled by the spot Bitcoin Exchange-Traded Funds (ETFs) frenzy in the United States. With the heightened speculation…
* Portfolio Information as of October 31, 2023. Past performance does not guarantee future results. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the…
Young777/iStock via Getty Images China Real Estate likely has sporadic greenshoots throughout 2024 within a rangebound context 2024 has begun with China’s A-Shares and H-Shares market exhibiting high volatility as traders debate the future of business policy, the real estate market, and consumer spending trends from the Mainland. One of the top tail risks for…
izusek/E+ via Getty Images New offering summaries: CDx3 Investor Midcap Financial Investment Corporation (MFIC), an externally managed Business Development Company (BDC) focused on making senior loans to middle market U.S. companies, priced an offering of $75 million worth of new exchange-traded notes due 2028, offering fixed coupon of 8%. The new notes received a credit…
vdvornyk/iStock via Getty Images Thesis overview NuCana (NASDAQ:NCNA) is a UK-based biotech developing nucleotide molecules for various oncology indications. Its platform, called ProTide, has major advantages over traditional nucleoside analogues currently used as part of chemotherapy regimens. NCNA’s lead candidate is NUC-3373 (ProTide 5-fluorouracil). NCNA aims to replace traditional 5-fluoroucil (5FU) which is still being…
zetter/iStock via Getty Images I have been bullish the iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) since November 2022, and it has risen by over 30% in total return terms over this period. In my last article on the PICK in September I argued that the industrial metals complex appeared to be turning…
Reimphoto Nordea (OTCPK:NRDBY), the leading Nordic bank, has had its share of underperforming years in the past, but under CEO Vang-Jensen, profitability is back on track. Yet, the path back to a peer-level return on equity profile will be complicated by a challenged near-term backdrop for banks. For one, the lagged impact of a series…
J2R Dutch bank ABN AMRO (OTCPK:AAVMY)(OTC:ABMRF) has proved a frustrating investment since my last update around six months ago. The ADSs have delivered a roughly flat total return in that time, significantly underperforming larger national peer ING (NYSE:ING) as well as the broader European financials space, represented here by the iShares MSCI European Financials ETF…
ipopba/iStock via Getty Images Investment Rundown The stock price performance of Trinseo PLC (NYSE:TSE) has been nothing but solid in the last 12 months, down over 63%. The primary cause for this I think has to do with the poor growth prospects of the business in a time when we have higher interest rates, but…
Abstract Aerial Art/DigitalVision via Getty Images Enel Chile (NYSE:ENIC), is predominantly owned by the Italian company Enel SpA (OTCPK:ENLAY) with a 64.9% stake and listed on both the Santiago Stock Exchange and the New York Stock Exchange via its ADRs. The company’s holdings include a 94% stake in Enel Generación Chile and full ownership of…
CreativaStudio In March, I wrote an article on Arhaus, Inc. (NASDAQ:ARHS), a lifestyle brand and omnichannel retailer of premium artisan-crafted home furnishings. I argued that Arhaus had a strong competitive advantage, a loyal customer base, and a solid growth strategy and was undervalued at its previous stock price. Since then, the stock has seen a…
champpixs Written by Nick Ackerman, co-produced by Stanford Chemist. The closed-end fund space, thanks to its unique structural advantages and active management, can often lead to some interesting funds that can get rather niche. Sprott Focus Trust (NASDAQ:FUND), with perhaps the greatest ticker in the fund space of all time, is one of those funds….
pastorscott/E+ via Getty Images Universal Health Realty Income Trust (NYSE:UHT), founded in 1986 and headquartered in King of Prussia, PA, is a healthcare REIT that invests in and leases healthcare and human service related facilities, such as medical/office buildings, acute care hospitals, behavioral healthcare hospitals, specialty facilities, free-standing emergency departments, and childcare centers. Its portfolio…