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…
airdone 2023 could be described as nothing short of a rollercoaster, as shown in Figure 1. Our 2023 total return forecast of +8% to +12% ended up being too low relative to the actual calendar year total return of +13.7%, in spite of mid-year prices on the MSCI US REIT Index (Bloomberg: RMZ) falling to…
tadamichi The S&P 500 (NYSEARCA:SPY) had a nice move higher in 2023, gaining about 25%. However, the market doesn’t increase without corrections along the way. Even 2023 had two 10% corrections between February and March and again between July and October before the end of year rally higher. The market is dropping from an overbought…
Dilok Klaisataporn Time to enter the new year in style! We love dividend increases because your passive income grows without lifting a finger. We are watching the news every single day to see what stocks announced a dividend increase to determine if our income grew! In this article, we are going to feature 6 expected…
mixetto/E+ via Getty Images Main Thesis / Background The purpose of this article is to offer three lessons learned from early on in my investing career. For those who are seasoned investors, this may be a refresher and/or not have a need for it. For those starting out, this could offer a way to avoid…
monsitj You may have witnessed some fireworks on New Year’s Eve, but those weren’t the only fireworks exploding. The last two months of 2023 finished with a bang! More specifically, over this short period, the S&P 500 index skyrocketed +13.7%, NASDAQ +16.8%, and the Dow Jones Industrial Average +14.0%. The gains have been even more…
tadamichi By John R. Mousseau, CFA As we wind down 2023’s year in bonds, the long, strange trip is ending up at the same ten-year bond yields that we started with. The ten-year US Treasury bond closed 2022 at 3.88%, and with the last day of this year upon us, the ten-year yield stands at…
zorazhuang Synopsis Hawkins, Inc.’s (NASDAQ:HWKN) historical financial results have shown robust revenue growth and strong bottom-line margins. For its 2Q24 results, there was a slight decline in revenue growth due to the sale of its consumer bleach packaging business. However, margins grew at double-digit rates, resulting in an increase in diluted EPS. Looking ahead, its…
anyaberkut Thesis ‘Valuations, valuation, valuations’ those words should be front and center in any investor’s mind as we enter 2024. With a forward P/E ratio that is now above its 5- and 10-year averages, the S&P 500 is no longer cheap: S&P 500 P/E Ratio (Fact Set) A retail investor should not follow the herd,…
Jira Pliankharom In my opinion, chess and investing have a great deal in common. Although I no longer play in active tournaments, I was officially a USCF expert in chess when I did play. Based on my online rating, I play closer to master level these days. One thing that I found to be incredibly…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The AES Corporation (NYSE:AES) is down about 33.18% over the last year underperforming the S&P500 by a margin of about 57%. Seeking Alpha This might be because of its heavy debt load and poor profitability, in my opinion. These factors, along with the hazy regulatory landscape in the…
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Wall Street stocks have begun the year with a technology-led hangover after the rally that ended 2023 turned cautious, sending tech stocks to their worst day in more than two months. The Nasdaq Composite closed…
William_Potter Real estate securities rebounded sharply in December, leading the broad-based gains for the major asset classes in the final month of 2023, based on a set of ETFs. Commodities, by contrast, were the downside outlier for December and for the calendar year that just ended. Vanguard US Real Estate Index Fund (VNQ) surged 9.4%…
Daria Nipot Introduction and Investment Thesis Amazon (NASDAQ:AMZN) generated a staggering 80% return in 2023. While some may say ‘meh’ when comparing it to some of Amazon’s magnificent 7 peers, I certainly believe the rise this year from the 2022 year-end lows is tremendous. As a long term focused investor, I always like to assess…
HeliRy Note: I have covered Nordic American Tankers Limited (NYSE:NAT) previously, so investors should view this as an update to my earlier articles on the company. Four weeks ago, Suezmax pure play Nordic American Tankers or “NAT” reported seasonally weaker but still solidly profitable third quarter results: Company Press Releases With cash flow from operating…