Baby Cannot Believe The 12% Yield Is Not Safe Shangarey/iStock via Getty Images On our last coverage of NextEra Energy Partners, LP. (NYSE:NEP) we made the case that investors will go through five stages of grief as they try and stay attached to this broken distribution growth story. While we had high confidence on how…
Andrii Dodonov By Matthew Norton and Daryl Clements A likely soft landing and rate cuts paint an optimal backdrop for the muni market in 2024. The municipal bond market finished 2023 on a high note and its 2024 prospects look just as promising. Munis whipsawed through sharp monthly selloffs and spikes for most of the…
cogal/E+ via Getty Images One year ago, you predicted that the S&P 500 would gain 24% in 2023, right? Liar! Sorry about that, but I’m just playing the odds. Maybe you were the most bullish bull out there and you actually got it right, but I’m guessing you weren’t nearly that optimistic — that you…
skynesher Some investments, particularly those in high quality companies, can pay off rather fast. As an example, I need only look at a well-known REIT called Alexandria Real Estate Equities, Inc. (NYSE:ARE). This is a very specific type of REIT because it specializes in owning real estate dedicated to the life sciences space. Unlike the…
MicroStockHub Covered call ETFs have become very popular in recent times as investors attempt to capture the best of both worlds – equity upside and regular income. The formula is simple enough, and it can work quite nicely. However, there is a time and a place for such things, and it is my view that…
peepo Transcript Greg Bonnell: The US Securities and Exchange Commission has approved the availability of 11 spot Bitcoin ETFs for trading on the US markets. Joining us now to discuss is Andres Rincon, head of ETF Sales and Strategy at TD Securities. Andres, it’s great to have you with us, as always. Interesting developments here….
zorazhuang Note: All amounts are in Canadian Dollars and all stock and option prices refer to the TSX side. On our last coverage of Keyera Corp. (TSX:KEY:CA) (OTCPK:KEYUF), we downgraded it to a hold as the bull thesis appeared to have run its course. The stock had just finished delivering 17% total returns from our…
Sundry Photography The three great essentials to achieve anything worthwhile are, first, hard work; second, stick-to-itiveness; third, common sense.” ― Thomas A. Edison Today, we put Redfin Corporation (NASDAQ:RDFN) in the spotlight. It was a turbulent yet for the housing sector in 2023 as mortgage rates hit their highest levels briefly since the turn of…
Galeanu Mihai/iStock via Getty Images By Erin Bigley, CFA – Chief Responsibility Officer; David Wheeler, CFA – Portfolio Manager – Sustainable Climate Solutions; Senior Research Analyst – Sustainable Thematic Equities; and Kent Hargis, PhD – Chief Investment Officer – Strategic Core Equities; Portfolio Manager – Global Low Carbon Strategy Transcript Erin Bigley: As equity investors…
The announcement of Hitachi joining the Hedera Council aligns with broader advancements in DLT within traditional finance. In a move towards advancing sustainability and enhancing supply chain solutions, Hitachi America Ltd (Hitachi) has joined the Hedera Council, as recently announced in a blog post by the Council. Hedera’s Unique DLT for Real-World Applications Hitachi’s decision…
z1b I urged investors in leading net-lease REIT W. P. Carey Inc. (WPC) to capitalize on its valuation dislocation in early November 2023. Back then, WPC sold off due to the implied uncertainties of its Net Lease Office Properties (NLOP) spin-off. As a result, WPC revisited the $50 level (last re-tested in May 2020), likely…
The introduction of MANTA on Binance Launchpool is a huge step toward addressing the ZK ecosystem’s difficulties. Binance, one of the world’s leading crypto exchanges, has unveiled the 44th project on its Launchpool – Manta (MANTA). This new addition to the Binance ecosystem promises to be a game-changer, introducing a modular Layer 2 (L2) solution…
Bet_Noire The First Trust Enhanced Equity Income Fund (FFA) is a closed-end fund that income-focused investors can use to achieve their goal of producing a high level of current income from the assets in their portfolios without the need to sacrifice the upside potential of common equities. As is the case with most funds that…
The Binance report revealed that on-chain metrics indicated a remarkable resurgence in gaming activity in 2023. Binance, the world’s largest cryptocurrency exchange by trading volume, has released its yearly report on the digital assets industry for 2023 and a possible outlook for the new year. In a blog post published on January 15, 2024, the…
tadamichi Transcript Oscar Pulido: Welcome to The Bid, where we break down what’s happening in the markets and explore the forces changing the economy and finance. I’m your host, Oscar Pulido. Benjamin Franklin once said, an investment in knowledge always pays the best interest. So, as we begin a new year, what knowledge will help…
SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH. The price of SUI, currently the 50th largest cryptocurrency by market capitalization according to CoinMarketCap data, hit a new all-time high (ATH). SUI rose to $1.43, the highest price since May 2023, shortly after the…
ktsimage Canaan Inc. (NASDAQ:CAN) is a technology company with a global presence worldwide. Concretely, CAN’s business centers on building ASIC Bitcoin miner devices. These are specifically designed processors more efficient in speed and energy consumption than GPUs and CPUs. Currently, CAN’s devices are in high demand due to crypto’s recent price recovery. Concurrently with technological…
Google Cloud also said Flare has become part of the Google for Startups Program, which aims to accelerate the growth of Web3 startups. Google Cloud, the cloud computing and data storage unit of the technology giant Google, has entered into a strategic partnership with the Flare blockchain to join the network as a validator. The…
Nadia AUDIGIE/iStock via Getty Images The journey to build a sustained and sustainable dividend income stream is arduous with yield traps, dividend cuts, and collapsing stock prices forming some of the many mines to avoid. Business development company Oaktree Specialty Lending (NASDAQ:OCSL) seeks to generate investment income and capital growth by providing financing to companies….
The 54th World Economic Forum in Davos gathers global leaders to discuss challenges ranging from geopolitical tensions to AI impact. Key themes include security, economic growth, AI ethics, and climate strategy. From January 15 to 19, 2024, the small Swiss alpine town of Davos will once again become the epicenter of global discussions with the…
Mario Tama/Getty Images News Quick Background If you’re like me at all, you enjoy being a stock picking voyeur. What I mean is that it’s both interesting and fun to listen to someone explain their stock picks. This is especially enjoyable as a fly on the wall, where you don’t necessarily have to interact or…
Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with…
alberto clemares expósito/iStock via Getty Images I think that we are at the start of a major technology-driven bull market that will rival the “dotcom” bull market. In this piece, I make the case for a new tech-driven bull market that will rival the 1990’s dotcom bull. All major bull markets require three conditions: a…
After FTX collapsed, scornful critics widely ridiculed Caroline Ellison’s approach to stop losses. ‘I just don’t don’t think they’re an effective risk management tool,’ she infamously told an audience during FTX’s heyday. But did she have a point? Venturing into the crypto asset management realm presents a unique set of challenges that differ widely from…
jetcityimage W.W. Grainger (NYSE:GWW) has done phenomenally well since my first article in October 2022, delivering 67% total returns versus 31% for the S&P 500. Let’s review what happened since then, what drove the growth, and whether the stock has remained attractively valued after the runup. The investment thesis recap Grainger is an industrial distributor…
Home pages of some spot Bitcoin ETF issuers now boldly show visitors that these funds are available to all interested members of the public. Several spot Bitcoin (BTC) issuers have added their ETF to the main pages on their respective websites. Visitors can now see the option to buy into a spot Bitcoin ETF on…
Tim Boyle PepsiCo, Inc. (NASDAQ:PEP) is an American multinational food, snack, and beverage corporation. Founded in 1898, PepsiCo is now a $232 billion (by market cap) food and beverage behemoth that employs nearly 320,000 people. The company reports results across seven segments: PepsiCo Beverages North America, 30% of FY 2022 revenue; Frito-Lay North America, 27%;…
Excitement is building as DojoSwap will be announcing the details of the upcoming launchpad project in the next 1-2 days. Injective Protocol, a leading decentralized finance (DeFi) platform, is preparing to host its next launchpad event on January 19-20 through its automated market maker (AMM) platform DojoSwap. More details about the upcoming event are to…
spawns Hello, world. Bitcoin ETFs finally launched last week after anticipation and even an apparent hack of the SEC’s X account. Nevertheless, cryptocurrency enthusiasts and intrigued investors alike now have 11 spot Bitcoin ETFs from which to choose. After the first few two days of trading, the iShares Bitcoin Trust ETF (NASDAQ:IBIT) stands out as…
Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit…
Kenneth Cheung/iStock Unreleased via Getty Images I have previously voiced negative sentiment on Airbnb (NASDAQ:ABNB) stock, as I have been concerned about the company’s valuation, as well as unsustainably high bookings post-COVID. However, six quarters following my initial assessment, I argue in favor of a major rating upgrade for the world’s largest travel company: I…
Analysts anticipate that the outflows from Grayscale’s Bitcoin Trust (GBTC) ETF, coupled with investors shifting to lower-fee options, will exert downward pressure on Bitcoin price. Bitcoin (BTC) experienced a rocky weekend as it fell below $42,000 for the second time, failing to break above $43,100 amid subdued trading volumes. The excitement surrounding the approval and…
Anja W. Today, REITs (VNQ) are offering historically high dividend yields. That’s because over the past two years, their share prices have dropped significantly even as they kept growing their dividend payments: Data by YCharts NAREIT Higher dividend payments coupled with lower share prices result in higher dividend yields, and in some cases, the yields…
JPMorgan predicts that a lot of money currently invested in other crypto instruments will be re-directed to the Bitcoin spot ETF. Even before the Bitcoin spot ETF was approved, industry experts had already predicted that it would be high in demand. Given how many years companies in the crypto space pursued an ETF, that was…
wdstock The Western Union Company (NYSE:WU) underperformed for the third year in a row in 2023 due to investors’ concerns over its growth potential in a fintech market. However, I believe it is the best time to initiate a position in a prominent company in the fast-growing transaction and processing sector. In particular, the company’s…
OpenSea NFT marketplace is currently developing a 2.0 upgrade to enable users to seamlessly track digital collectibles from different blockchains. The mainstream adoption of Non-Fungible Tokens (NFTs) will significantly accelerate in the coming quarters fueled by improved infrastructure and heightened demand from institutional investors. Leading NFT marketplace OpenSea, with more than $20 billion in traded…
anouchka Thesis Gabelli Global Deal Fund (NYSE:GDL) is a closed-end fund that is part of famed value investor Mario Gabelli’s GAMCO investment complex. GDL has a long track record of outperforming its benchmark via expert management using a niche investment style. Despite strong performance, GDL trades at a 20% discount to NAV. GDL invests in…
Oleksandr Shatyrov In what has seemingly become a rite of passage in the evolution of the industry over the last year, Bit Digital, Inc. (NASDAQ:BTBT) recently became yet another Bitcoin USD (BTC-USD) mining company to start investing in building data centers for “artificial intelligence.” Bit Digital is one of the public companies in the crypto…
It is expected that the demand for Bitcoin will rise in ways that have never been seen in its entire history. Pixelmatic and JAN3 CEO Samson Mow has given one of the most “outrageous” predictions yet for Bitcoin. Mow, who has always bet big on Bitcoin, recently hinted that the BTC price may well be…
JLGutierrez By Alexander William Salter The first price index release of the year brings some less-than-welcome news: Inflation has ticked up once again. The Bureau of Labor Statistics (BLS) announced the Consumer Price Index (CPI) increased 0.3 percent in December. Core inflation, which excludes volatile food and energy prices, increased the same amount. Over the…
Paolo Ardoino explained that the attacker anticipated Bitfinex’s system would be improperly configured to process partial payments. In a recent turn of events, Bitfinex, a prominent crypto exchange, successfully thwarted a sophisticated cyber attack involving an attempted transaction of nearly $15 billion worth of Ripple’s XRP. In a post on X, formerly Twitter, Whale Alert,…
Autthapol Champathong/iStock via Getty Images An investment concept I’ll be exploring this year is double-digit dividend growth. There is nothing more motivating for me as an investor than the annual raises we receive from dividend-paying stocks/ETFs. The raises are almost always more than my W-2 increases, which I work thousands of hours more to achieve…
Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields. In its recently released 2024 Digital Assets Look Ahead report, asset manager Fidelity Investments predicts a potential resurgence of institutional interest in Decentralized Finance (DeFi) and stablecoins, based on the Federal Reserve‘s anticipated interest rate cuts. Stablecoins and Institutional Adoption…
mbbirdy Monarch Casino & Resort Incorporated (NASDAQ:MCRI) is a Reno, Nevada-based casino owner and operator with two principal properties: the Reno-based Atlantis Casino Resort Spa, and the Monarch Casino Resort Spa in Black Hawk, Colorado. TradingView Through these activities, Monarch has recorded Q3’23 revenues of $132.97mn- a 0.57% YoY decline- alongside a net income of…
Marco Bello My Thesis As I write these lines, Palantir Technologies (NYSE:PLTR) stock is trading almost 57% below its all-time high and about 22% below its local peak following the recovery rally of the last few months: YCharts, Oakoff’s compilation Is this dip worth buying? I regularly see Palantir pop up among the most popular…
miroslav_1/iStock Editorial via Getty Images During the fourth quarter of last year, the LNG shipping sector, represented by the UP World LNG Shipping Index (UPI), strengthened and gained 4.20%. The S&P 500 (SPX) index gained 11.24% during the same period. The following picture compares both indices. In this report, I also provide data for the…
To incentivize early adoption, BitCountry is offering an exclusive opportunity for the first 1,000 users to free-mint their BitAvatar IDs without requiring an Invite Code. BitCountry, the pioneering Polkadot parachain project dedicated to developing immersive metaverse communities, is set to introduce BitAvatar, a Universal Avatar identity accompanied by an NFT-bound wallet to the Polkadot community…
jane/iStock via Getty Images Shares of Smith Douglas Homes (NYSE:SDHC) have seen a successful public debut, as an unprecedented decline in interest rates in the final quarter of 2023 provided a window of opportunity to go public. Shares of Smith were priced at the higher end of the preliminary offering range and have seen decent…
According to Scaramucci, Bitcoin should benefit immensely from the spot Bitcoin ETFs the SEC recently approved for trading. Anthony Scaramucci has predicted that Bitcoin (BTC) will hit a new all-time high (ATH) before the end of 2024. According to the chief executive officer (CEO) and founder of alternative asset management firm SkyBridge Capital, Bitcoin will…
hapabapa/iStock Editorial via Getty Images Points to note: 1) All values are in CAD unless noted otherwise. 2) Prior to June 17, 2021, Canadian Net operated under the name of Fronsac Real Estate Investment Trust (FRO.UN). Previous Coverage We covered the 2023-Q1 results of Canadian Net Real Estate Investment Trust (TSXV:NET.UN:CA) and came away impressed…