shih-wei Thesis The United States Commodity Index Fund, LP ETF (NYSEARCA:USCI) is a commodities exchange-traded fund. The vehicle aims to replicate the SummerHaven Dynamic Commodity Index, which is a market index investing in commodities futures: The SummerHaven Dynamic Commodity Index Total Return is an index designed to reflect the performance of a portfolio of 14…
gremlin/E+ via Getty Images Synopsis Choice Hotels International (NYSE:CHH) is a company that is known for its portfolio of diverse brands that caters to a wide variety of market segments, from upscale to economy. It operates in the hotel and resort industry. CHH’s historical financial results have shown robust revenue growth and recovery from the…
RichLegg/E+ via Getty Images The best security against the future is to act in the present.” – Unknown. Today, we put ADT Inc. (NYSE:ADT) in the spotlight for the first time. The stock is trading roughly at 20% above the levels where some insiders acquired more shares in May of last year. This followed a…
AndrewJShearer/iStock Editorial via Getty Images Our readers know that we deeply admire Ferrari (RACE), and on Seeking Alpha, our supporting buy rating is widely shared. Even in our recent analysis, we reported how Ferrari is an unusual car company that combines auto and luxury virtues. With a unique order book that now extends until late…
RomoloTavani SDVY strategy First Trust SMID Cap Rising Dividend Achievers ETF (NASDAQ:SDVY) has a portfolio of 100 stocks, a 12-month distribution yield of 2.26%, and a total expense ratio of 0.60%. Distributions are paid quarterly. It started investing operations on 11/1/2017 and tracks the Nasdaq US Small Mid Cap Rising Dividend Achievers™ Index. As described…
Merck & Co., Inc. (NYSE:MRK) Goldman Sachs Healthcare C-Suite Unscripted Conference January 4, 2024 ET Company Participants Peter Dannenbaum – Head, IR Rob Davis – CEO Conference Call Participants Chris Shibutani – Goldman Sachs Chris Shibutani I suspect that people are going to be strolling in, but I don’t like to penalize people who are…
Hispanolistic The US Dollar Index got off to a hot start in 2024. After falling below the 101 level for a moment during the holidays, the greenback has shot higher, above 102, near a key area of long-term support. Financial conditions loosened substantially from October amid rising stock prices, compressing credit spreads, lower interest rates,…
Text S.A. (OTC:LCHTF) Q3 2023/2024 Preliminary KPIs Conference Call Transcript January 4, 2024 9:00 AM ET Company Participants Lucja Kaseja – IR Marcin Droba – IR Lucja Kaseja And once again, good afternoon and good morning to everyone. Very nice to see you in the new year. Today, there will be two of us presenting,…
Bjoern Wylezich/iStock via Getty Images Thesis To kick off 2024 I decided to take a look at the energy markets from a different perspective. The market doesn’t always get things right, so I took a look at the worst performers over the course of 2023. I screened both American and Canadian energy companies with a…
RoschetzkyIstockPhoto/iStock Editorial via Getty Images Investment Thesis The growth of Tesla, Inc. (NASDAQ:TSLA)’s position in the electric vehicle (EV) charging market presents a unique investment opportunity. The driving force in this growth is owed to their Supercharger network, which provides users with high-speed, strategically located charging stations. This network can greatly decrease anxiety around vehicle…
alvarez The liquefied petroleum gas shipping industry has risen steadily since 2020 and is forecasted through 2028 to grow at a CAGR of about 7.3%. The outlook looks solid, largely due to the expected boom in demand from Asia, which accounts for 60% of global seaborne volumes. Asian LP Gas Import Demand (Dorian, LPG November…
The SEC has been busy, meeting with all of the potential issuers of spot Bitcoin ETFs with active applications in December. These meetings have resulted in the universal adoption of a cash creation methodology by those issuers instead of “in kind” transfers, as is typical for other ETFs. Much has been said about this change,…
apomares/E+ via Getty Images Introduction & Thesis Shares of biopharma Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) are ~60% off their May highs, despite holding an FDA-approved key drug (Inpefa) for heart failure in its portfolio. The sell-off is largely attributed to investor concerns over Inpefa’s market uptake amid a perfect storm of competition from pharma heavyweights like…
FinkAvenue Intel Corporation (NASDAQ:INTC) was announced as our top investment recommendation for 2023 at the start of the year. Since that article was written, the company has had a total return of more than 70%, versus the S&P 500 (SP500), which returned just over 20%. As we’ll see throughout this article, despite tripling the market,…
The Simply Good Foods Company (NASDAQ:SMPL) Q1 2024 Earnings Conference Call January 4, 2024 8:30 AM ET Company Participants Mark Pogharian – Vice President of Investor Relations Geoff Tanner – CEO, President & Director Shaun Mara – Chief Financial Officer Conference Call Participants Matt Smith – Stifel Pamela Kaufman – Morgan Stanley Steve Powers –…
Khanchit Khirisutchalual In 2023, the dichotomy of our future became starker: a potential utopia or a daunting dystopia. Our path hinges on collective decisions, particularly in financial investments. Money, as a potent agent of change, directs economic growth. Where we choose to invest can either propel innovations that solve critical problems, fostering economic expansion and…
5./15 WEST Introduction With 2023 now behind us, hopefully, 2024 will shape up to be a better year for us dividend investors. Some stocks were up during the year, but there were also some that didn’t do too well and were in the red. To be honest, though it was rocky for some, specifically the…
Matheus Obst/iStock Editorial via Getty Images Introduction As explained in a previous article, Cargojet (OTCPK:CGJTF) (TSX:CJT:CA) is Canada’s largest freight airliner. With several widebody cargo planes and long-term agreements with UPS, DHL, Amazon and Canada Post which include minimum revenue guarantees and cost pass-through provisions, the business model is robust as long as its long-term…
Many commentators compare Bitcoin with gold, the idea being that its finite supply makes it an attractive long-term store of value. There have been historical examples of broad adoption of gold currencies, such as the British Empire’s sovereign and half-sovereign. However, adoption of the sovereigns was often promoted and directed by the British imperial government,…
Andrii Yalanskyi Uncertainty is as thick as ever for diving into what awaits in the year ahead, but there’s still a growing consensus building that the Federal Reserve will soon start cutting interest rates. Although some analysts caution that the odds for dovish policy changes aren’t as high as some forecasts suggest, the crowd is…
Samantha Gossman/iStock via Getty Images Last year’s Santa Claus Rally was comforting for those who were forecasting a prosperous 2023. This year that lot, including me, isn’t so lucky. Santa didn’t show up during the last five trading days of 2023 and the first two of the new year, which is the period otherwise known…
Torsten Asmus For the past 12 months, the general investing public has been force fed an insane amount of excessive fear spread by newsletter writers, bloggers and the media alike, people with vested interests in seeing lower stock prices. And unfortunately, a lot of people missed out on the rally off the late 2022 bottom,…
mysticenergy Introduction and Investment Thesis Canadian Natural Resources (NYSE:CNQ) is the largest oil and gas producer in Canada. The stock has returned an impressive ~18% in 2023, despite oil prices experiencing downward pressure, contrasting with other Canadian oil peers who suffered declines in the year. While the company has a strong history of dividend increases…
statu-nascendi For Hudbay Minerals, This Analysis Recommends a “Hold” Rating Until Further Notice This analysis recommends maintaining a Hold rating on Hudbay Minerals (NYSE:HBM) stock for now. Hudbay Minerals is a mining company based in Toronto, Canada, but is diversified as its production in the Americas includes copper, mainly, but also other metals such as…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Texas Instruments Incorporated (NASDAQ:TXN) has been on a strong upward trajectory over the last five years, gaining about 79.21%. Seeking Alpha However, the company’s upward trajectory has slowed over time, as evidenced by a 4.34% gain in the last three years and a 3.71% gain in the last…
pcess609 Overview After gaining for the past couple of sessions to open the New Year, the dollar is mostly softer today. The yen is the main exception. The greenback was bid above the JPY144 area where chunky options expire today. Most emerging market currencies are also firmer though there are a few exceptions in Asia,…
SCM Jeans No Alpha For The Past Year Over the past year, the stock of Array Technologies (NASDAQ:ARRY), a manufacturer of integrated solar tracking systems, hasn’t been a rewarding play for investors. Whilst its small-cap peers from the Russell 2000 have delivered ~16% returns during this period, ARRY has lost -12% of its value. YCharts…
shih-wei The growth factor sprung back to life in 2023. Morningstar’s Jeff Ptak reports that the right side of the style box easily outpaced the value style last year following 2022’s rout of both large and small growth stocks, particularly those that did not have strong cash flow and robust balance sheets. While many funds…
Lemon_tm The mining and gold sector has suffered a difficult year in 2023, grappling with multifaceted challenges: For example, gold and metals demand suffered from surging treasury yield on Fed rate hikes, a strong dollar and concerns about a US recession, sluggish European demand, and the enduring headwinds seen in the Chinese property markets. However,…
Drazen_ Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed Petco Health and Wellness Company (NASDAQ:WOOF) was going to see negative near-term performance. I also expected the possibility of WOOF missing guidance if management cut prices more aggressively than expected. I am reiterating my hold…
Nikada Investment action I recommended a buy rating for Academy Sports and Outdoors (NASDAQ:ASO) stock when I wrote about it the last time, as I was positive about the 2H23 sales guidance and margin improvement outlook, which will drive valuation up. Based on my current outlook and analysis of ASO, I am downgrading from a…
small smiles December 2023 Passive Income Update 3 sources of passive income $1,259.83 from dividends 18 stock/units dripped in December Trailing 12-Month Portfolio Return 5.51% S&P 500 12-Month Total Return +23.53% for December 2023 S&P/TSX Composite Index 12-Month +11.34% January 2, 2024 Who would have thought 2023 would be bringing those kinds of returns? Absolutely…
olm26250 In December of 2022, Gladstone Commercial Corporation (NASDAQ:GOOD) slashed its dividend by a whopping 20% to realign its payout with lower underlying earnings for its real estate portfolio. The real estate investment trust has paid a stable $0.10 per month dividend since, however, and the dividend remained well-covered by the trust’s funds from operations…
marekuliasz Based on the behavior of various proven leading economic indicators, we have been warning about a major US recession coming, as we did here. Three of the best leading economic indicators — all of which are being ignored by the Fed and most investors — are the money supply, the yield curve and The…
Evgenii Kovalev/E+ via Getty Images Investment Thesis The field of gene therapies and gene editing technology is the field of the future, but it is still in its infancy. CRISPR Therapeutics (NASDAQ:CRSP) has been a pioneer in this field, where scientists, for the first time ever, could be able to cure diseases and illnesses such…
SergeyZavalnyuk Investment thesis: Betting on Vale S.A. (NYSE:VALE) might not make much sense if one is expecting a more or less stagnated global economy or worse in 2024. There is a distinct possibility that at times its stock price will see a significant decline from current levels. I see such a possible decline in its…
Lintao Zhang/Getty Images News Note: I previously covered KWEB back in Fall 2021 at the heat of China’s tech crackdown. We cut our loss in 2022 in the mid 40s/share region. 2 years later from that post, I again believe KWEB represents a tradable opportunity as China’s selling pressure begins to get exhausted and multiple…
filmfoto The S&P 500 is still within 2% of its record closing high reached exactly two years ago on January 3rd, but beneath the surface, there have been some big moves. The chart below shows a distribution of two-year returns for every S&P 500 stock that is currently in the index, and while there have…
Graham Montanari/iStock Editorial via Getty Images Here at the Lab, our readers know we closely follow the automotive and luxury sectors. Ferrari (NYSE:RACE) is a unique business that combines the two industries, and there are almost no companies with this ability to allocate their production to clients with an order book that stretches until 2026….
primeimages Dear readers, W. P. Carey (NYSE:WPC) has generated a lot of discussion in the investment community lately, because of management’s sudden decision to spin-off the majority of their office portfolio into a new entity, Net Lease Office Properties (NLOP). The spin-off, which has been covered extensively, allowed WPC to (1) clear their portfolio of…
TommL Synopsis PriceSmart (NASDAQ:PSMT) runs membership warehouse clubs, offering a wide range of high-quality goods and services at low prices to its members. They operate mostly in Central America, the Caribbean, and Colombia. PSMT’s historical revenue has shown robust revenue growth driven by COVID pandemic easing. In addition, margins over the years have remained robust…
BlackJack3D Investment thesis Our current investment thesis is that from an internal perspective, we believe Genpact (NYSE:G) is a good business and positioned perfectly to enjoy healthy growth in the coming years. It has deep expertise that have developed over a number of decades, a global footprint with a large workforce, and a suite of…
wallix Dear readers/followers, In this article, I’ll update on Siemens Energy (OTCPK:SMEGF), a company that I’ve reviewed a few times in the past. The reason why I owned shares is that I was actually assigned a small stake when Siemens Energy was spun off. I made a very impressive profit in the short term, which…
mphillips007 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 context…
ronniechua After a 25% gain in 2023 the SPDR® S&P 500 ETF Trust (NYSEARCA:SPY) now faces three major near-term headwinds that combine with extreme valuations to create an exceptionally poor risk-reward outlook. These include an array of bearish divergences across US assets, widespread complacency in options markets, and excessive optimism about Fed rate cuts. The…
Jeremy Poland Dear readers/followers, Aker BP (OTCQX:AKRBY) is a company that I invested in back in September. The company, since then, has underperformed somewhat since that time. It’s an investment into the oil and gas sector, a sector where I am typically underrepresented in terms of exposure. My own cost basis for Aker BP remains…
TomasSereda I recently decided to take another look at gold miners, and New Gold Inc. (NYSE:NGD) caught my attention. I typically prefer the smaller miners, as their operations are easier to track and break down, and they are often given a discount by the market for their size. That said, not all miners, big or…
BlackJack3D Back in June, I initiated coverage on Zscaler (NASDAQ:ZS) with a “Buy” rating, saying that despite a potential economic slowdown, the company had plenty of room to grow and that its valuation at the time was attractive. The stock has soared over 65% since that write-up, compared to a 14% gain in the S&P…
alexis84 I have been talking about rising implied lease rates (based on futures market pricing and premiums over spot) for both gold and silver as super-bullish developments over the past year. Well, silver in recent days has witnessed another spike to the highest lease rate level since its important 2008 price bottom. StockCharts.com – Nearby…