Great Southern Bancorp, Inc. (NASDAQ:GSBC) Q4 2023 Results Conference Call January 23, 2024 3:00 PM ET Company Participants Kelly Polonus – VP, Communications & Marketing Officer, IR Joseph Turner – President, CEO Rex Copeland – CFO Conference Call Participants Andrew Liesch – Piper Sandler Damon DelMonte – KBW John Rodis – Janney Operator Good day…
kelvinjay/E+ via Getty Images Investment thesis Our current investment thesis is: NGG is primed for an uptick in its current performance over the coming 2 decades, as the global energy transition is delivered. The company is leading the infrastructure investment in the UK (and to a lesser extent in New England and New York), positioning…
Mondee Holdings, Inc. (NASDAQ:MOND) 26th Annual Needham Growth Conference, NYC January 19, 2024 1:30 PM ET Company Participants Orestes Fintiklis – Executive Vice Chairman Conference Call Participants Bernie McTernan – Needham & Company Bernie McTernan Great, hello everyone. I am Bernie McTernan on the Equity Research Team at Needham & Company covering Internet stocks. My…
Love Employee Impatience can cause wise people to do foolish things.”― Janette Oke. Shares of bispecific cancer therapy concern Merus N.V. (NASDAQ:MRUS) shook off negative safety news regarding its MCLA-129 program, as the focus turned to two other promising oncology candidates. Petosemtamab for head and neck cancer and zenocutuzumab for NGR1+ cancers both demonstrated solid…
JHVEPhoto Written by Nick Ackerman. Conagra Brands, Inc. (NYSE:CAG) recently posted its latest quarterly results for Q2 of fiscal year 2024. The company lives in the future, with a fiscal year-end at the end of May. The results were mixed compared to analysts’ expectations, with revenue coming in a bit shy of the target. However,…
SweetBunFactory Semiconductors continue their surge in 2024 thanks to continued A.I. enthusiasm. Semiconductors were the star sector performer in 2023 and the strong momentum continues into 2024 as a favorable industry backdrop continues to lift investor sentiment in this area. Wall Street Analysts have forecasted that 2023 most likely was the cyclical trough in terms…
Community Bank System, Inc. (NYSE:CBU) Q4 2023 Earnings Conference Call January 23, 2024 11:00 AM ET Company Participants Dimitar Karaivanov – President and Chief Executive Officer Joseph Sutaris – Chief Financial Officer Conference Call Participants Alex Twerdahl – Piper Sandler Steve Moss – Raymond James Chris O’Connell – KBW Matthew Breese – Stephens Inc. Operator…
Third Eye Images/The Image Bank via Getty Images Will Rogers once said, “don’t wait to buy real estate, buy real estate and wait.” It is a great quote that highlights the importance of diligence in long term investing. Life rarely presents an opportunity to buy the highest quality assets at a reasonable price. However, 2024…
Atlantic Union Bankshares Corporation (NYSE:AUB) Q4 2023 Earnings Conference Call January 23, 2024 9:00 AM ET Company Participants Bill Cimino – Senior Vice President of Investor Relations John Asbury – President and Chief Executive Officer Robert Gorman – Executive Vice President and Chief Financial Officer David Ring – Executive Vice President and Wholesale Banking Group…
Pencho Chukov/Moment via Getty Images It’s been a bumpy start to the year for the VanEck Gold Juniors Index (GDXJ) in what’s typically the best month of the year from a seasonal standpoint, with an average return for the sector of ~2.6% in January over the past 30 years. This is evidenced by the index…
Drs Producoes/E+ via Getty Images The grain and soft sectors of the commodities asset class moved in opposite directions in 2023. Softs led on the upside with a 24.04% gain, while grains fell 13.04% for the year ending in December 2023. Agricultural commodities feed and, increasingly, power the world. Corn, soybeans, and sugar are critical…
3M Company (NYSE:MMM) Q4 2023 Results Conference Call January 23, 2024 9:00 AM ET Company Participants Bruce Jermeland – Senior Vice President, Investor Relations Mike Roman – Chairman & Chief Executive Officer Monish Patolawala – President & Chief Financial Officer Conference Call Participants Andrew Kaplowitz – Citigroup Inc. Scott Davis – Melius Research Julian Mitchell…
TrustCo Bank Corp NY (NASDAQ:TRST) Q4 2023 Earnings Conference Call January 23, 2024 9:00 AM ET Company Participants Robert J. McCormick – Chairman, President and CEO Michael M. Ozimek – CFO Scot R. Salvador – EVP Commercial Banking Conference Call Participants Alex Twerdahl – Piper Sandler Ian Lapey – Gabelli Funds Greg Roeder – Adirondack…
Bloomberg/Bloomberg via Getty Images The intelligent investor is a realist who sells to optimists and buys from pessimists – Benjamin Graham Last September, I was forced to downgrade ChargePoint Holdings, Inc. (NYSE:CHPT) to a sell rating amid the widening gap between investor expectations and reality. Since then, the company has lost almost 70% of its…
wanderluster The Virtus Convertible & Income Fund (NYSE:NCV) is one of the more interesting and unique closed-end funds that are currently available to investors. As the name implies, the fund does do a reasonable job at providing its investors with a high level of income as its 12.75% current yield is significantly higher than most…
mikroman6/Moment via Getty Images European equities have quietly performed well along with US stocks. While 2024 has featured a return to what drove markets over the first seven months of last year, AI and the growth trade, what is a bit different this time is that we are not seeing significant negative alpha among the…
One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There is a very good reason that the phrase “censorship resistant” is the wording you hear…
FG Trade After my first article, I continue my studies about dividend companies. As I was navigating the internet, I came across a particular business working in an intriguing sector: Genuine Parts Company (NYSE:GPC), a company distributing automotive replacement parts and industrial components. Over the last five years, it was not able to compound its…
Cornell University’s College of Arts & Sciences’ College Scholar Program has officially approved the first independent Bitcoin-focused study on January 11th. The pioneer behind this academic milestone is Ella Hough, a student at Cornell University, who is set to embark on a unique academic journey that is centered around Bitcoin. “The past 15 months have…
Andriy Onufriyenko/Moment via Getty Images Assuming the Fed is done hiking rates, 2024 may end up being the year of dividend investing. If that’s the case, and you’re still bullish on Technology, the ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) may be the fund for you. TDV offers exposure to a select group of technology-related…
Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that good times are coming, and the country’s future is bright amid political chaos and a…
Karooooo Ltd. (NASDAQ:KARO) Q3 2024 Earnings Conference Call January 23, 2024 8:00 AM ET Company Participants Carmen Calisto – Chief Strategy & Marketing Officer Goy Hoeshin – Chief Financial Officer Zak Calisto – Chief Executive Officer Conference Call Participants Operator Hello, and welcome to Karooooo’s FY 2024 Q3 Earnings Call. On behalf of Karooooo, we’d…
JONGHO SHIN Why did Affirm shares treble in 2 months; what’s up next Affirm (NASDAQ:AFRM) shares really did treble in the last two months without a whole lot of support from brokerage analysts or from commentators on SA. The shares currently are still rated as somewhat below a hold on average: out of 19 brokerage…
NurPhoto/NurPhoto via Getty Images Investment Thesis Almost 11 months have passed since I first covered Kroger (NYSE:KR) and assigned the stock a “Buy” rating. Despite the stock substantially lagging behind the S&P 500 over the same period, it is difficult for me to say that my bullish thesis did not age well. KR delivered a…
Business Decision Flow Chart. anyaberkut Seeking A Dividend Growth Partner Figuring out your what you want to do for work and solving day to day problems often forces us to face “what it is” and “what it is not”. I once worked a job far beyond my realization I didn’t want to do it anymore,…
blackred/iStock via Getty Images Digital World Acquisition (NASDAQ:DWAC) (DWACU) (DWACW) stock soared over the last few weeks because of a string of victories for this SPAC that is planning to merge with Donald Trump’s Trump Media and Technology Group – TMTG. Is DWAC trading as an investment security or is it instead trading as a…
Robin L Marshall/WireImage via Getty Images Listen below or on the go on Apple Podcasts and Spotify Netflix (NFLX) expected to post 11% rise in Q4 revenue, focus on ad-supported tier performance. (00:26) SEC unveils new details about its X account hack. (02:14) United Airlines (UAL) rallies after earnings beat, strong full-year guidance. (04:02) This…
Bill Varie/The Image Bank via Getty Images The fundamentals for oil are breaking down with the global economy increasingly set to be beset by poor economic growth, technical recessions, and emerging market sovereign defaults. The International Energy Agency’s January Oil Market Report predicts a substantial oil surplus in 2024 with surging oil production from US…
ryasick Horizon Technology Finance (NASDAQ:HRZN) is a well-run BDC that invests in a small number of core industries that are historically neglected by the banking community. The BDC runs a tech-focused investment strategy and has seen double-digit net investment income growth in the last year. Although I expect weaker NII growth in FY 2024, Horizon…
Manuel Augusto Moreno/Moment via Getty Images I covered Fairfax India Holdings Corporation (OTCPK:FFXDF)(FIH.U:CA) (“Fairfax India”) about a year ago posing Fairfax India as a solid investment to provide investors with exposure to one of the largest emerging countries in the world that can yield fantastic returns in the long term. Since January 2023, from reviewing…
Daniel Bosma/Moment via Getty Images Brookfield Renewable Partners (NYSE:BEP) has done well since we last recommended it in October. The company’s total return since has almost doubled the S&P 500, perhaps giving the illusion that the opportunity to invest has passed. Despite that recent strength, the company is well-positioned in a growing market, making it…
Justin Sullivan Home Depot (NYSE:HD) is a portfolio staple, and while it should not be considered to be a large contributor to alpha, it remains a key tool to diversify and mitigate risk. I am confident it is one of the best stocks to own for this reason and provides protection from potential volatility in…
da-kuk CrowdStrike (NASDAQ:CRWD) is a best-in-class cybersecurity vendor that continues to establish a presence across a growing range of end markets. CrowdStrike’s endpoint agent is a strategically important asset that provides access and data, the value of which has been increased by the cloud. Unlike legacy cybersecurity vendors, CrowdStrike has a sustainable competitive advantage in…
Sinenkiy/iStock via Getty Images The race for the White House intensified last week as Donald Trump won the Iowa caucus with 51% of the vote, handily beating rivals Ron DeSantis and Nikki Haley. This was followed by second-place winner DeSantis suspending his campaign, leaving only Trump and Haley, the ex-president’s former ambassador to the United…
Aleksandra Zhilenkova After one week, $13.9B has been traded across the newly approved ETFs. The first week of data has started to show some clear trends. On January 10th, 2024, the SEC approved eleven US-Listed exchange traded funds (ETFs) that invest in Bitcoin. This has opened up a new asset class for many investors, as…
champc What should a dividend growth investor buy in 2024? What a fascinating situation we are in; still plagued with high inflation – although it slowed down a bit in late 2023, it went back up in the U.S. and possibly Canada in December – and with high interest rates, yet we might not end…
Liudmila Chernetska/iStock via Getty Images Investment Rundown The stock performance for Tennant Company (NYSE:TNC) has been on a strong move over the last 12 months outperforming the broader markets, being up 33%. TNC is included in the industrial sector and more specifically the industrial machinery & supplies components industry. The product portfolio remains well diversified…
jetcityimage Well recognized for its charming mascot, Flo, Progressive Corporation (NYSE:PGR) is one of the largest insurance companies in the world by market cap, sitting narrowly under $100 billion as I write this. Curiously, the stock is at its all-time high, with a P/E like a tech company. While many other companies’ shares slumped in…
Laurence Dutton/E+ via Getty Images Thesis Atlassian (NASDAQ:TEAM) is a leading provider of collaborative work management, ITSM, and DevOps solutions, such as Jira, Confluence, Trello, and Bitbucket. The company has a distinctive strategy that has driven its fast growth in recent years, and it is investing heavily to maintain its growth momentum. Looking at its…
Photofex/iStock Editorial via Getty Images Back in June of 2023, I identified OMV AG’s (OTCPK:OMVJF, OTCPK:OMVKY) petrochemicals division as a potential takeover target for the UAE’s Abu Dhabi National Oil Co. (“ADNOC”). As it turns out the two companies indeed entered discussions (although the deal is likely to be structured differently than what I initially…
DariaRen By Tajinder Dhillon The peak period of earnings season kicks off this week and we preview the S&P 500 2023 Q4 earnings season in granular detail, providing both aggregate and company-level insights using data from I/B/E/S, StarMine, and Datastream, which are all found in the desktop solution LSEG Workspace. Earnings Commentary 2023 has been…
cagkansayin With decades of both passive and active fund performance now in the rearview mirror, the results are unequivocal: active management within fixed income is incredibly compelling, while active management in equities has failed to deliver. Let’s start by checking the scoreboard, shown in Figure 1. We see a very high percentage of actively managed…
Ong-ad Nuseewor The wobbly start to January was the long overdue correction that we did not see in November or December, when pullbacks were one-day wonders. What we saw in January is more “normal”, whatever that nebulous term means in the stock market. Not every index set a record last week, but the majors did,…
BanksPhotos Introduction It has been a while since I’ve written about an airline stock. In fact, Southwest Airlines (NYSE:LUV) was the last one, and that article came out on March 6th, 2020, at the beginning of the pandemic. It was a bearish article titled “Re-Evaluating My Bearish Southwest Airlines Sentiment”. It, amazingly, was the only…
SOPA Images/LightRocket via Getty Images Thesis Summary Today’s research article covers The Cheesecake Factory (NASDAQ:CAKE), in the consumer discretionary / restaurant sector, to which I gave a buy rating. My portfolio strategy with this stock is (stable dividend income generation and growth, capital gains). A few points supporting my rating include YoY revenue growth and…
JulPo Thesis Shift4 Payments, Inc.’s (NYSE:FOUR) integrated payment and software solutions eye an addressable market of over $3.5 trillion, offering a growth runway with share gains from legacy point-solution providers and processors. The company has prospects for growth beyond core verticals- restaurant, hospitality, and specialty retail- and the US provides levers for new business while…
tadamichi Here’s a table that Refinitiv publishes only occasionally, but it’s valuable since it gives perspective on the S&P 500 sector’s market cap weight in the benchmark, versus that same sector’s earnings weight. The problem in the late 1990s for large-cap tech wasn’t just the monstrous rally in the last 5 years of the decade,…
Justin Paget Introduction With this article, I would like to expand the tickers I have so far covered on SA. However, the stock market is huge, so this year I made the choice to publish and integrate what I have done so far on SA with a niche that not many SA readers may know…
COROIMAGE/Moment via Getty Images Many companies thrived during the terrible COVID-19 pandemic. Companies such as DocuSign (DOCU), Zoom (ZM) and Peloton (PTON) rose to colossal heights as these companies benefited greatly during that time. However, the majority came crashing down and investors who bought during the pandemic are now likely holding significant losses, if still…
8vFanI Wall Street celebrated on Friday when the S&P 500 Index, the most popular benchmark of US shares, closed at a record high for the first time in more than two years. The celebration, however, was an outlier as the rest of the major asset classes continued to trade below previous peaks in varying degrees,…