Jorg Greuel/Photodisc via Getty Images Liberty Broadband is Charter at a 28% discount Following the disastrous market reaction to the Q4/23 earnings release by Charter (CHTR), the investment case for its largest shareholder Liberty Broadband (NASDAQ:LBRDA) (NASDAQ:LBRDK) (OTCQB:LBRDB) has become even more compelling. As recently noted in my article “How To Buy Charter At A…
JazzIRT First Interstate BancSystem (NASDAQ:FIBK) is a bank based in Billings, Montana. Analyzing it at first glance the thing that most catches your eye is its high dividend yield of 7.10%. Anyway, after the release of Q4 2023 I personally begin to have doubts about its sustainability. This quarterly did not go well as NIM…
Maca and Naca AstraZeneca (NASDAQ:AZN) is one of the fast-growing pharmaceutical companies that has played a significant role in saving the lives of COVID-19 patients and is known worldwide for innovative medicines such as Lynparza, Farxiga, and Imfinzi. Thesis Ahead of AstraZeneca’s fourth-quarter 2023 financial results next week, its share price continues to fluctuate near…
Dan Kitwood Introduction This is the second article regarding the food delivery industry, and after talking about Just Eat Takeaway.com (OTCPK:JTKWY) it is now Deliveroo’s (OTCPK:DROOF) turn. I have already expressed in depth in the previous article many of the concepts and opinions about the industry in which these companies operate, which I invite you…
bob_bosewell/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist. The last time we touched on Cohen & Steers Total Return Realty Fund (NYSE:RFI), we also took a look at Cohen & Steers Quality Income Realty Fund (RQI). These funds are quite similar in terms of their approach in terms of investing in…
Uldis Zile/iStock via Getty Images Introduction Timberland Bancorp (NASDAQ:TSBK) is a small regional bank in Washington state with less than $1.9B in assets on its balance sheet. I have been keeping an eye on this small regional bank for a few years now, as I’m charmed by the management’s “hands-on” approach. The total return since…
wenbin/Moment via Getty Images A guest post by Ovi All of the Crude plus Condensate (C + C) production data for the US state charts comes from the EIAʼs Petroleum Supply monthly PSM which provides updated information up to November 2023. U.S. November oil production increased by 84 kb/d to 13,308 kb/d, a new record…
Sezeryadigar How to get a dividend from Charter Few investors know that they can actually reap a dividend from Charter (CHTR), although not in a standard, straightforward manner. Charter’s largest shareholder, Liberty Broadband (LBRDK) (LBRDA) (OTCQB:LBRDB) has a small amount of Preferred stock outstanding (NASDAQ:LBRDP), with par value of $25 and an annual yield on…
Kira88/iStock via Getty Images Fundamentals: This report discusses the recent fluctuations in gold prices and the events that shaped them over the past week. Initially, gold prices remained relatively stable around $2030/oz as investors awaited the first FOMC meeting of 2024. It was widely believed that the Federal Reserve would not announce an early-year rate…
Bloomberg/Bloomberg via Getty Images The following segment was excerpted from this fund letter. Pershing Square Holdings (OTCPK:PSHZF) Pershing Square Capital Management (PSCM), the investment management company established by William A. Ackman in 2003, has always had a significant profile, arising from its methodology and the highly confident nature of its founder. In the nine years…
Gian Lorenzo Ferretti Photography Real Estate Weekly Outlook U.S. equity markets were mixed on a choppy week, while long-term benchmark interest rates dipped sharply as investors weighed hawkish commentary from Federal Reserve Chair Powell, renewed regional banking concerns, and conflicting signals across a critical slate of employment reports. Raising more questions than answers and potentially…
Kenneth Cheung/iStock Unreleased via Getty Images Google (NASDAQ:GOOGL) (NASDAQ:GOOG) has underperformed the S&P 500 (SPX) (SPY) since my previous update in October 2023 as I upgraded it to a Strong Buy. As a result, it seems like the market isn’t convinced that Google’s AI efforts could provide a significant near-term lift in its revenue growth…
tupungato Covering BNP Paribas (OTCQX:BNPQY)(OTCQX:BNPQF) last October, I remarked that mixed Q3 results would do nothing to improve sentiment toward the stock. More recent results covering Q4 certainly won’t help either, with the Paris-listed shares around 9% lower on the day post-release. Though down sharply following results, the ADSs have still returned around 6% since…
Fanliso/iStock Editorial via Getty Images Luckin Coffee’s (OTCPK:LKNCY) stock has been trading down in recent months. On Thursday, it even dropped 10%. I covered Luckin Coffee at the end of 2022 and was careful about the stock. After my article was published, the stock gained. However, right now it is trading near 52-week lows. The…
designer491 Find out how municipal bonds are projected to perform in 2024 in this market outlook report from the experts at VanEck. The benefits of municipal bonds are well known. Amid economic uncertainties, these bonds provide a reliable source of income, making them attractive for risk-averse investors seeking some added security for their fixed-income portfolios….
Ingenious Buddy Several large issuers debuted in the US this past week, and four IPOs joined the pipeline. Sports equipment and apparel maker Amer Sports (AS) priced below the range to raise $1.3 billion at a $6.4 billion market cap. The Finland-based company’s portfolio includes major brands like Arc’teryx, Salomon, Wilson, and Louisville Slugger, and…
Eoneren Introduction It’s time to discuss one of the smaller companies on my radar: Atkore Inc. (NYSE:ATKR), a company I started covering on August 27, 2023, when I went with the title “Atkore: A Top-Tier Industrial Mid-Cap Play.” Back then, I introduced a fascinating mid-cap play with significant exposure in a wide range of non-residential,…
dragana991/iStock via Getty Images AGNC Investment Corp. (NASDAQ:AGNC) is a popular pick for many income investors. Looking at the history of its yield, it’s not hard to see why. Seeking Alpha With a brief exception in 2021, the company has almost never yielded under 10%. I’m going to explore why this high yield is alluring…
Dilok Klaisataporn Investment Overview The biotech industry can be a tough business to be in, but investors favour the sector, pouring money into even the earliest stage companies, who may not have much more than a molecule and high cash burn to offer in return. Buying biotech stock is similar to buying a lottery ticket…
krisanapong detraphiphat/Moment via Getty Images By Brian Angerame, Jeffrey Bailin, CFA, Aram Green & Matthew Lilling, CFA Small and Mid Caps Attractive Amid Rate Transition Market Overview and Outlook Equity markets generated strong returns in the fourth quarter, bolstered by declining bond yields and a resurgence of optimism that the U.S. economy could indeed achieve…
Perry Peine/iStock via Getty Images Office REITs are in a battle for their lives, and their investors are faced with a conundrum in picking the winners in an increasingly Darwinistic space. The headwinds are clear; a Fed funds rate at a more than two-decade high and rising office vacancies as work-from-home becomes a perpetual feature…
Mike Hansen The Virtus Diversified Income & Convertible Fund (NYSE:ACV) is one of the several closed-end funds offered by Virtus that provide income-focused investors with a way to achieve their goals without the need to sacrifice the potential upside of an equity investment. The fund does this by investing in convertible bonds, which are fixed-income…
PUGUN SJ Introduction and investment thesis Okta (NASDAQ:OKTA) is a cloud-based identity and access management solution that outperformed the S&P 500 in 2023. While the company is expanding its profitability at a rapid pace, the company’s revenue slowdown is a matter of concern. Part of the reason behind the slowdown is tied to the security…
Andriy Onufriyenko/Moment via Getty Images By Michael J. Fleisher Since early 2022, the Federal Reserve (FED) lifted the federal funds rate by 5.25% to curb inflation, triggering speculation from pundits over the economic impact and future path of rate increases. Recently, the Fed noted that inflation has been tempered by restrictive monetary policy and signaled…
SlobodanMiljevic Cleveland-Cliffs (NYSE:CLF) provided an outstanding FY23 with superior guidance for eFY24. Despite guiding flat production in eFY24, I believe the firm will experience strong tailwinds as they continue eliminating costs and enhance their hydrogen-reduced steelmaking process. I maintain my previous recommendation for CLF with a BUY recommendation with a price target of $27.65/share. Update…
baona/iStock via Getty Images By Sam Peters, CFA Building an Adaptive Framework There is no formula to eliminate uncertainty when it comes to the future. We believe the best approach is to accept it and embrace probabilistic thinking. This is exactly what our investment process is designed to do — give us a competitive advantage…
alexsl By Sammy Suzuki, CFA Emerging-market equities have a bad rap. But a lost decade may have set up promising conditions for a recovery. After a difficult year in 2023, we’re seeing signs that a recovery may be brewing for emerging-market (EM) equities. For investors to regain confidence, it’s important to revisit some common assumptions…
Caziopeia Although the appliances industry might not seem all that exciting, it does offer the potential for some significant upside if you can buy a firm in this space at a good price. That’s where the beauty of value investing comes into play and truly shines. Even a business that is experiencing a weakening of…
Galeanu Mihai/iStock via Getty Images Zscaler (NASDAQ:ZS) has been one of the strongest tech stocks as of late. It isn’t hard to see why: the cybersecurity company has posted top-notch fundamental results over the past year in spite of a tough macro environment, generating best-in-class growth rates and showing expanding operating margins. While the stock…