InfinitumProdux Note: Please be aware that I have previously discussed Danaos (NYSE:DAC) on multiple occasions, so consider piece this as a follow-up to my earlier writings about the company. When Danaos’ leadership made the strategic decision to invest in Eagle Bulk (NYSE:EGLE) last summer, acquiring a substantial 16.7% stake in the company, I initially harbored…
Damir Khabirov/iStock via Getty Images On our last coverage of Amplify BlackSwan Growth & Treasury Core ETF (NYSEARCA:SWAN) we were less than thrilled with the setup and suggested investors should use the opportunity to move to another fund. Yes, while they may move differently at times than your other holdings, they don’t offer any advantage….
amgun Introduction With 2023 in the past, many investors are probably wondering how the new year will shape up to be. Will we see a bull market? Or will 2024 be more of the same? I’m honestly looking forward to this year and think stocks will do fairly well, but some sectors may not. One…
tadamichi Investing in fixed-income securities, particularly corporate bonds, is an essential part of diversifying one’s investment portfolio. And it becomes a lot easier when the Fed isn’t raising rates. That’s one reason the iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) is worth a look. IGIB is an exchange-traded fund that primarily invests in…
courtneyk Shares of Robert Half (NYSE:RHI) have lagged the broader market but have nonetheless returned towards a 52-week high, though they remain substantially below their 2022 peak. While the company has a stellar balance sheet, it has been faced with macro headwinds and labor market churn slows. Even with a soft economic landing, this appears…
monsitj The S&P 500 (SPY) made a 16.8% rally in just forty two sessions into the 27th December high. Amongst the euphoria and holiday cheer dovish expectations got excessive – according to the CME Fedwatch tool markets assigned a 73.8% chance of a 25bps cut in the March FOMC meeting, and a questionable 16% chance…
Alvin Man Introduction Down over 50% since 2019, American Airlines (NASDAQ:AAL) stock price has been in a downward spiral. While it has never truly rebounded in price since the onset of the COVID-19 pandemic, the business is booming. So what is causing this disconnect, and is it an opportunistic time to invest? Operations Booming, Stock…
Egorych/E+ via Getty Images L3Harris Technologies (NYSE:LHX) is well-positioned to benefit from increased global defense spending amid geopolitical tensions, shows strong growth in its Space and Airborne Systems segment, is reducing debt and targeting significant organic growth and free cash flow, and is undervalued compared to peers, offering an attractive investment opportunity. A recent investor…
hapabapa/iStock Editorial via Getty Images Today I’d like to discuss an outdoor apparel company that been around since the 1930’s. This historic company has risen tremulously under the tenure of it’s long-time CEO. However, the last five years have been rough as the company has under-performed the market and like many retailers has struggled managing…
jetcityimage/iStock Editorial via Getty Images I upgraded my thesis on The Coca-Cola Company (NYSE:KO) stock in mid-September 2023, assessing it was reasonable to be more constructive after it fell from its April 2023 highs. However, I also cautioned investors that I hadn’t evaluated a robust bottoming opportunity yet, suggesting investors “must be prepared to average…
gorodenkoff Roivant Sciences Ltd. (NASDAQ:ROIV) is a pioneering biotech focused on inflammation and immunology that operates with an innovative business model through its subsidiaries. Each company in the Roivant family specializes in specific therapeutic areas such as immuno-dermatology, autoimmune disorders, RNA therapies, blood diseases, clinical trials intelligence, and AI for drug discovery and development. Notable…
Oselote Introduction Most investors don’t see what is about to happen. The US economy and US government are over-leveraged. They have become strained to a breaking point. US government interest payments on the national debt have reached $1T and are not going down anytime soon. The US government’s 2024 deficit is projected to be well…
SweetBunFactory/iStock via Getty Images For investment purposes, there are several choices for those who have been passively watching the rapid developments around artificial intelligence last year and are now wondering how to play the market. Some may opt for the popular ARK Autonomous Technology and Robotics ETF (ARKQ) managed by the flamboyant Cathie Wood. Less…
Andrii Dodonov Introduction Eagle Point Income (NYSE:EIC) is an investment company focusing on the BB tranches of CLO debt. And just like in my previous article, I’d like to refer you to Steven Bavaria’s articles which often provide excellent reads as he is very capable in explaining CLO tranches and the implications in layman’s terms….
jetcityimage/iStock Editorial via Getty Images Here’s something about the auto major General Motors (NYSE:GM) to chew on. Its diluted earnings per share [EPS] have seen a compounded annual growth rate [CAGR] of 68% over the past five years. Yet, its share price is up by just 4.7% in this time. Even adding the dividends in,…
Jelena Stanojkovic/iStock via Getty Images At a Glance Delving into Moderna’s (NASDAQ:MRNA) trajectory, my earlier analysis shed light on its eclectic project range. This spectrum spans from oncology to infectious diseases, with notable breakthroughs in RSV and flu vaccines. Moderna has since leaped forward, especially with mRNA-1083. This vaccine, both innovative and dual-purpose, targets COVID-19…
Galeanu Mihai By Jeffrey Schulze, CFA The Long View: Here Comes the Sun? Will the Consensus Be Wrong Again? The changing of the calendar affords a natural time to reflect on the previous year and imagine what could be different in the new one. Recent years have ended up differing substantially from consensus expectations. For…
franz12 Deutsche Bank (NYSE:DB) has improved its performance in recent quarter supported by rising rates, a trend that is expected to reverse in the near future. While its shares remain cheap compared to other European banks, this is justified by the bank’s low profitability level. As I’ve covered in a previous article, Deutsche Bank is…
SHansche Looking for income from marine shipping? Spot rates go up, rates go down, but some shipping companies lock in long-term fixed charter rates, which gives income investors more visibility into future dividends. Global Ship Lease (NYSE:GSL) is one of those companies. It had ~2 years of contract cover for its fleet, worth $1.8B, as…
Justin Sullivan A lot of people like to think of the world in terms of black and white. Something is either good or it’s bad. But the fact of the matter is that there is a lot of grey in the world as well. And this can take many forms. For instance, when a company…
Richard Drury In 2023, the stock market made an impressive recovery from one of its worst years in over a decade, which occurred in 2022. However, the journey for us investors hasn’t been smooth. Amid worries about inflation, escalating interest rates, an unforeseen crisis in regional banking, and escalating global tensions such as conflicts in…
snapphoto My Thesis Medical Properties Trust (NYSE:MPW) stock fell 29% on January 5, 2024, and has fallen more than 70% overall in the past year, according to Seeking Alpha data. This was due to concerns about the management’s transparency, liquidity issues with the trust’s largest tenant, and concerns about the company’s enormous debt-to-equity ratio, which…
RHJ This article was coproduced with Leo Nelissen. First of all, we wish everyone a Happy New Year! What better way to start the first month of a new year than by diving into a relatively young real estate investment trust (“REIT”) that deserves way more attention than it is currently getting? With a market…
adamkaz/E+ via Getty Images Udemy (UDMY) is taking several actions that make it interesting as a platform. It has latitude to decrease instructor earnings, and have plans to do so quite substantially. Moreover, generative AI is resulting in substantial demand effects on the business offering, but also may do more to commodify instructors and help…
da-kuk This week’s inflation data is expected to show that the Fed still has a long way to go and that the “markets’” (as in the collective) expectations for 5.5 rate cuts in 2024 are still too aggressive and more fantasy than reality. Core CPI is expected to rise in December at a rate inconsistent…
Bim Investment Thesis Aris Water Solutions, Inc. (NYSE:ARIS) is a water handling and recycling solutions provider headquartered in Houston, Texas. In this thesis, I will analyze its third-quarter results along with its future growth prospects. I will also be analyzing its valuation at the current price level and the upside potential in its stock price….
ardasavasciogullari Smart Beta ETFs are a type of investment fund that uses alternative index construction rules instead of the traditional market capitalization-weighted indices. Smart Beta strategies seek to passively follow indices while also taking advantage of certain active investment strategies to improve returns, manage risks, or increase diversification. Smart Beta ETFs are becoming increasingly popular…
Chun han There are rumors floating around that Southwestern Energy (NYSE:SWN) is considering a merger with Chesapeake (CHK). As I have discussed in the past, both managements could use a serious upgrade. But there are attractions in that these companies operate in both the Marcellus and the Haynesville. So, there could be some attraction in…
ffikretow Topline Summary Carisma Therapeutics (NASDAQ:CARM), formerly Sesen Bio, is a developmental biotech exploring the potential of cell therapies for cancer management. They hope that by exploiting immune cells called macrophages that they can continue to push the field of cell therapies forward. But cash concerns and limited clinical trial data make this something difficult…
poco_bw/iStock via Getty Images Portman Ridge Finance (NASDAQ:PTMN) is a small externally managed business development company investing in middle market businesses using a range of financing structures from first lien loans to subordinated debt and equity co-investment. The BDC is broadly sector-neutral with investments in tech firms, food and beverage businesses, and pharmaceuticals. A fully…
edb3_16 Foreword This article is based on three Fortune and Barron’s articles, describing the top 100 of Euro Fortune 500, Inflation Proof, and Barron’s Top stocks for 2024. The title and links to the articles follow: Fortune 500 Europe (Top 100) In raw statistical terms, Europe’s economy trails those of the U.S. and China. But…
Jeff Fusco Introduction 7.5%. That’s how much Comcast Corporation (NASDAQ:CMCSA) shares have risen since January 2018. This performance is horrible, as investors in the S&P 500 made 75% during this period, with lower risks. After all, a well-diversified basket of 500 stocks almost always has lower risks than a single stock. Data by YCharts My…
Michael Nagle Thesis In this article, I will conduct a comparison among JPMorgan Chase & Co. (JPM), Bank of America Corporation (BAC), and Wells Fargo & Company (WFC). The valuation of the three largest U.S. banks reveals that JPMorgan is poised to outperform the other two, boasting a fair price per share of approximately $314.74….
bluebay2014 The ProShares UltraShort QQQ ETF (NYSEARCA:QID) has been a horrible investment over the last five years, the antithesis of owning Big Tech names through the Invesco QQQ ETF (QQQ). This product is the inverse design of holding the NASDAQ 100 stocks, basically shorting them with 2x leverage. How bad a ride for buy-and-hold investors…
JHVEPhoto/iStock Editorial via Getty Images Beyond any doubt, one of the most iconic consumer brands in the world today has got to be Energizer Holdings (NYSE:ENR). Although the firm is not that large, with a market capitalization of only $2.29 billion, it is well known as a giant in the battery production space, particularly when…
Bim Investment Rundown In 2024 I think one of the best parts in the market to look at is small caps. A theme tends to be that sectors or parts of the market that were losers in one year are somewhat likely to be winners the next. One such company I am looking at right…
Settapongd Dee-ud/iStock via Getty Images Dear readers, Iron Mountain Incorporated (NYSE:IRM) is a data storage REIT focused on innovative solutions in data center infrastructure, asset lifecycle management, and information management services. The REIT primarily owns two distinct types of properties – paper storage facilities and data centers. While the former is likely to experience a…
imaginima Dear readers, Today, I would like to take a look at a self-storage REIT, Public Storage (NYSE:PSA), and why it might make a good investment. Self-storage REITs can benefit from two major demand shifters that we are seeing in the market right now. 1. Migration – which has been on the rise as many…
kyletperry Enterprise Products Partners (NYSE:EPD) has laid out a significant growth trajectory in the Permian Basin as they bring online their new gathering and processing systems in the Midland and Delaware Basins. Though the near-term outlook for the hydrocarbons industry looks flat for 2024, production growth in the basin creates a bright spot for firms…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Australia’s corporate watchdog has pledged to continue to crack down on misleading environmental claims made by funds this year after it launched legal action against three in 2023. Sarah Court, deputy chair of the Australian…
Wirestock On Friday, I published a report discussing the prospects for Boeing (NYSE:BA) from a cash flow perspective and concluded that the main cash flow drivers at Boeing’s Commercial Airplanes division hinged on the Boeing 737 MAX as well as the Boeing 787 delivery and production ramp-up execution as well as cost control on the…
ariya j/iStock via Getty Images Introduction It seems like every time I turn around, Arbor Realty Trust (NYSE:ABR) is facing some sort of headwinds. The biggest headwind always seems to be short attacks, which affects the stock price. I last covered ABR back in August. In that article, I discussed the strong financial growth over…
Stadtratte This article was coproduced with Wolf Report. You might recall an article we wrote just a few weeks ago titled, Enbridge: We’re Backing Up The Sleigh: “…as long as it skirts around this $35/share level, the company is a superb investment here.” When Enbridge Inc. (NYSE:ENB) dipped, and an alert that had been dormant…
Userba011d64_201/iStock via Getty Images Investment Thesis The inclusion of high dividend yield companies in your investment portfolio demands a discerning selection process. Those companies, which pay sustainable dividends, are crucial for your overall investment portfolio, given their lower risk level and their ability to provide a stable and predictable dividend income stream. Companies that pay…
$100 U.S. banknotes rain down on a woman. Khosrork Longtime readers know that my coverage has been and still is predominantly focused on companies based in the United States. This shouldn’t be a surprise given that the U.S. remains the economic superpower of the world. Just how powerful is the U.S. economy? The country generated…
FG Trade 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 beliefs to…