Orbon Alija In September of last year, I saw a connection in the case of TE Connectivity Ltd. (NYSE:TEL), on the back of a sound position, long-term growth, and reasonable valuations. The trouble with the company is that despite its positioning, the company has not fully lived up to its promises in terms of sales…
Sezeryadigar Ares Capital (NASDAQ:ARCC)’s shares gained more than 1% after the BDC reported better than expected results for the December quarter. Ares Capital’s portfolio is performing well, net investment income is growing by the double-digits, and the BDC has seen an expansion in its debt yields due to higher interest rates in the U.S. economy….
AlexandrBognat/iStock via Getty Images Elevator Pitch I have a Buy investment rating for BYD Electronic (International) Company Limited (OTCPK:BYDIF) (OTCPK:BYDIY) [285:HK]. Previously, I touched on the risk relating to the company’s customer concentration, and BYDIF’s efforts to diversify its client mix in my June 1, 2020 article. In its 1H 2023 interim report, BYD Electronic…
Anton Petrus/Moment via Getty Images Altria (NYSE:MO) is a “Dividend King” and there are only about 55 companies that currently qualify for this title. To make this list, a company needs to have at least 50 years of consecutive dividend increases. Altria has a 54-year history of consecutive dividend increases. The company has been able…
Sundry Photography While Enphase Energy, Inc. (NASDAQ:ENPH) hinted at the solar sector market hitting bottom in the next quarter or so, the stock has already surged off the bottom. Solar demand may never return to the growth levels of the last couple of years when Europeans were under pressure to find new energy sources due…
SOPA Images/LightRocket via Getty Images Brief Review Of monday.com’s Q4 2023 Report Earlier this morning, monday.com Ltd. (NASDAQ:MNDY) reported stronger-than-expected numbers for Q4 2023, with quarterly revenues growing by 35% y/y to $202.6M and the Work OS platform company reporting a narrower-than-expected GAAP operating loss of -$1.1M [GAAP operating margin of -1% vs. -7% from…
hqrloveq/iStock via Getty Images Main Thesis/Background The purpose of this article is to discuss the current macro-environment of the market right now, with a specific focus on the implications for tax-exempt municipal ((muni)) bonds. This is top of mind for me for a few reasons. One, the bond market as a whole (including munis) had…
Hello my names is james,I’m photographer./iStock via Getty Images Over the past 3+ years, I’ve written about 100+ companies, and Tidewater Inc. (NYSE:TDW) is certainly not a traditional growth stock. However, TDW not only gives me diversification and exposure to the energy industry, but the company also has strong fundamentals and trades at a reasonable…
LukaTDB Carrier Global (NYSE:CARR) announced its Q4 FY23 results on February 6th, with flat organic revenue growth and a 7.9% increase in adjusted profit. I presented my ‘Strong Buy’ thesis in my previous article, highlighting their strong margin expansion and structural growth from the heat pump market. I maintain my ‘Strong Buy’ rating with a…
Justin Sullivan Target Overview I previously covered Target (NYSE:TGT) back in September 2023 and rated the stock as a Buy. The target stock price back then was about $123/share. We’ve since seen the price appreciate by about 20% in comparison to the S&P 500’s (SPY) 12% upside over the same period. The TGT dividend growth…
Bitcoin has surged past the $50,000 mark today, according to CoinMarketCap data, reaching this milestone for the first time since December 2021. CoinMarketCap The breakthrough marks a significant recovery for Bitcoin, which faced massive volatility and fluctuations over the last couple years, reaching lows of around $16,000. Bitcoin’s resilience and upward trajectory underscore its status as a…
2d illustrations and photos Transcript We like emerging markets as upbeat risk appetite carries on. We see broader support for emerging market assets as markets price in a rosy macro outlook and fears of recession have faded. But selectivity is key. 1) Broader support for EM As markets have priced in rate cuts, 10-year Treasury…
Comezora/Moment via Getty Images Investment Thesis Microchip Technologies (NASDAQ:MCHP) is a diversified provider of microcontrollers, analog, and related computer chips for a wide range of industries. It has historically had strong growth as the company focused on expanding the breadth of its product line in order to provide its clients with a one-stop shop. When…
Introduction We live in a highly digitalized world, but most of humanity still uses physical goods to store value. The most used store of value in the world is real estate. It is estimated that approximately 67% of global wealth is held in property. Recently, however, macroeconomic and geopolitical headwinds have highlighted the weaknesses of…
Gregory Adams/Moment via Getty Images Brookfield Infrastructure Partners (NYSE:BIP)(NYSE:BIPC) is one of the global leaders when it comes to investing and operating different classes of infrastructure. The current market cap of BIP is ~ $15.6 billion, with the enterprise value landing at the $50 billion mark. Roughly 68% of the total FFO generation stems from…
monday.com Ltd. (NASDAQ:MNDY) Q4 2023 Earnings Conference Call February 12, 2024 8:30 AM ET Company Participants Byron Stephen – Director of IR Roy Mann – Co-CEO Eran Zinman – Co-CEO Eliran Glazer – CFO Conference Call Participants Kash Rangan – Goldman Sachs Pinjalim Bora – JPMorgan Brent Bracelin – Piper Sandler Steve Enders – Citi…
El Niño has become stronger again, preventing any major, sustained cold weather for key natural gas regions natatravel/iStock via Getty Images There have been some incredible moves in energy and agricultural commodities the last month or so. Most notably based on the weather, cocoa (NIB), and natural gas (NYSEARCA:UNG). These two markets have gone in…
PM Images Dave’s (NASDAQ:DAVE) rally from 52-week lows has been nothing short of dramatic, with the neobank moving up a remarkable 360%. This blistering rally came after a 52-week low reached in the aftermath of a 1-for-32 reverse split at the start of its fiscal 2023 that was forced by a roughly 96% collapse from…
Over the past months, Bitcoin ETFs dominated the cryptocurrency, finance, and investing discourse. A flurry of attention-focused articles on the latest wave of spot Bitcoin ETF applications captured the collective interest. Stakeholders speculated on their implications. Following heightened anticipation at the beginning of 2024, the Securities and Exchange Commission of the United States (US SEC)…
JHVEPhoto Earnings season is coming in just fine. FactSet reports that with two-thirds of the S&P 500 (SP500) (SPX) having reported Q4 results, three out of four firms have topped bottom-line estimates. What’s more, it looks increasingly likely that the SPX will post its second consecutive quarter of year-over-year EPS growth, cementing an end to…
Bloomberg/Bloomberg via Getty Images Introduction I like real estate assets and I have been interested in commercial REITs for quite a while now. Of course, not all commercial REITs were created equal and I preferred to focus on the subset that focuses on “essential goods.” Plaza Retail REIT (OTC:PAZRF) (TSX:PLZ.UN:CA) performed pretty well during the…
koto_feja Intro Annovis Bio (NYSE:ANVS) is set to report the results of its Phase 3 trial in early-stage Parkinson’s disease (PD) in the coming weeks. The company’s lead asset, buntanetap (formerly known as posiphen), is a translational inhibitor of alpha synucelein (associated with PD), amyloid precursor protein (Alzheimer’s), TDP-43 (ALS), and other proteins associated with…
Maria Korneeva/Moment via Getty Images Unity Software Inc. (NYSE:U) investors experienced a significant recovery from its November 2023 lows before it petered out in late December. Despite that, U still managed to outperform the S&P 500 (SPX) (SPY) significantly since my previous upgrade in late November. As a result, I believe it should be clear…
DNY59 The BlackRock Core Bond Trust (NYSE:BHK) is a closed-end fund that income-focused investors can employ as a method of achieving their goals while keeping their risks at a minimum. This is because, this is one of the few closed-end bond funds that invests primarily in investment-grade assets. The majority of closed-end debt funds invest…
Richard Darko/iStock via Getty Images Co-produced by Austin Rogers. In the post-pandemic years of 2021 through 2023, commercial real estate (with the exception of the office sector) enjoyed an almost uniformly strong environment characterized by rising occupancy and strong rent growth. At the tip of the pyramid in terms of strength is industrial real estate….
Tippapatt Introduction NNN REIT (NYSE:NNN) is one of the first REITs I ever bought when I switched my strategy to strictly investing for income. One thing that stood out to me was their conservatism. The company never blows earnings out of the water, nor is it super popular amongst investors. In comparison to peer Realty…
thitimon toyai This article is part of a series that provides an ongoing analysis of the changes made to Akre Capital Management’s 13F portfolio on a quarterly basis. It is based on Akre’s regulatory 13F Form filed on 2/9/2024. Please visit our Tracking Akre Capital Management Portfolio series to get an idea of their investment…
Chesnot/Getty Images News China e-commerce giant Alibaba Group (NYSE:BABA; 9988.HK) eked out 5% revenue growth in its latest quarterly results announced last Wednesday. Despite that modest gain, a bright spot for the company came from Alibaba International Digital Commerce (Alibaba International), its international e-commerce arm, whose revenue jumped by a much larger 44% to $4.02…
GIUSEPPE CACACE/AFP via Getty Images Investment thesis We have removed the FCF Yield method from the valuation, as the approach underestimated the real price of the shares as we did in previous article. Usually, technology companies have a low FCF Yield due to constant investments in their own product. To be competitive among fast growing…
Wong Yu Liang/Moment via Getty Images For the decade following the financial crisis, REITs capitalized on a perpetually low interest rate environment to fire up the commercial real estate engine. Declining yields and capitalization rates supported rising REIT valuations and property values. REITs shined during this period. The situation changed dramatically following the pandemic era….
Natali_Mis Note: I have discussed Alphatec Holdings, Inc. (NASDAQ:ATEC) previously, so investors should view this article as an update to my earlier coverage of the company. Introduction / Discussion Of Past Performance Alphatec Holdings, Inc. or “ATEC” is a medical technology company that designs, develops, and advances technologies for the surgical treatment of spinal disorders….
Wipada Wipawin Investment thesis On the 3rd of September, I wrote my last article about NN Group (OTCPK:NNGPF). Since then, a lot has happened. On September 27, the share price plummeted -22% due to a huge increase in concerns about the unit-linked insurance products. NN share price development (Google finance) Hardly anyone saw the impact…
J. Vespa/WireImage via Getty Images Intro We wrote about Rocky Brands, Inc. (NASDAQ:RCKY) back in November 2020 when we assessed whether the momentum shares were undergoing at the time could continue to the upside. At the time, Rocky’s customers in the wholesale segment were coming out of lockdown and opening up once more, which resulted…
Andriy Onufriyenko/Moment via Getty Images Introduction and Investment thesis First, I’ve covered Amazon (NASDAQ:AMZN) on SA at the beginning of January last year (Amazon: My “Margin-Call”), where I took a deep dive into the company’s margin profile. I argued that the long-lasting decrease in the company’s operating margin should soon come to an end, which…
Editor’s note: Seeking Alpha is proud to welcome Bargain Buyer as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » PETER PARKS/AFP via Getty Images Investment Thesis I believe…
Bloomberg/Bloomberg via Getty Images Following Anglo American (OTCQX:NGLOY) (OTCQX:AAUKF) reset expectations in early December 2023, the company’s Q4 2023 realized commodity prices and operating performances align with previously communicated guidance. We can conclude that “No news is good news.” That said, Anglo is one of the largest diversified mining companies worldwide. It is headquartered in…
Kharchenko_irina7/iStock via Getty Images I am a long-term follower and chronicler of CEL-SCI (NYSE:CVM). My initial CEL-SCI article was 08/2019’s CEL-SCI: A Risky Bet. My most recent was 07/2023’s “Cel-Sci: Would-Be Cancer Giant Taking Baby Steps”. In this article I evaluate its investment prospects based up on its latest investor communications. These include: 10/25/2023 –…
Wasan Tita SPX Technologies (NYSE:SPXC) started 2024 with a bolt-on deal, adding to its string of dealmaking efforts in recent times. M&A efforts have stood at the foundation of a real transformation over the past five years or so, and while topline sales have not grown, the business has become a lot more profitable and…
JHVEPhoto/iStock Editorial via Getty Images High Tide (NASDAQ:HITI) operates as a cannabis product retailer in Canada, the United States, as well as other countries. As Canada’s legalized cannabis, High Tide has begun to grow its retail network under the Canna Cabana brand, bringing value through the retail chain’s discount club. As of January 29th, Canna…
shutterjack/RooM via Getty Images Investment Rundown The Gorman-Rupp Company (NYSE:GRC) has been on a steady uptrend for the past months, and since my last coverage, the stock is up 10.91%. One of the major improvements year over year from the recent report by the company was its ability to price its products even higher and…
Manuel Milan Unibail-Rodamco-Westfield (OTCPK:UNBLF) has announced the distribution of a dividend related to 2023 earnings, making it attractive again for income investors, plus its valuation is quite low making it an interesting play within the European REIT sector. As I’ve analyzed in a previous article, Unibail’s restructuring phase was almost completely done and the company…
bymuratdeniz/E+ via Getty Images Pemvidutide’s Pounds and Problems: Altimmune’s Balancing Act Since December, Altimmune’s (NASDAQ:ALT) stock has nearly tripled since revealing obesity data (MOMENTUM) in late November for their GLP-1/glucagon agonist, pemvidutide (subcutaneous weekly). Altimmune is not the first to study GLP-1/glucagon agonism. Several drugs are currently in development, including Merck’s (MRK) efinopegdutide, Eli Lilly’s…
Caroline Purser/The Image Bank via Getty Images The ProShares Ultra Bloomberg Natural Gas (NYSEARCA:BOIL) is an exchange-traded fund (ETF) that’s designed to produce twice the daily performance of the Bloomberg Natural Gas Subindex. In turn, the Bloomberg Natural Gas Subindex tracks the price of natural gas futures traded on the New York Mercantile Exchange (NYMEX)….
Anton Petrus/Moment via Getty Images The stability of Prospect Capital’s (NASDAQ:PSEC) net asset value was at stake going into its fiscal 2024 second-quarter earnings. This figure had been dipping in the quarters preceding and fell by 33 cents to $8.92 per share during the second quarter or to $3.68 billion on a nominal basis. PSEC’s…
Phiromya Intawongpan We were wrong about the ARK Innovation ETF (NYSEARCA:ARKK) when we covered the fund back in 2022 suggesting the high-growth and tech-heavy thematic strategy was poised to outperform. ARKK is down about 20% from that article publication date and we’ll admit it’s not one of our finer works. While stocks did indeed rebound…
Marat Musabirov Thesis With fourth-quarter 2023 earnings results expected shortly, investors and potential investors will wonder if TrueCar, Inc. (NASDAQ:TRUE) can maintain the momentum it gained in the third quarter. In its third-quarter earnings release, the company suggested it had turned a corner, with revenue and earnings again on the rise. The odds seem in…
SOPA Images/LightRocket via Getty Images An excellent business model Pagaya Technologies (NASDAQ:PGY) is a decent story with possible asymmetrical returns given the extremely low valuation of $1.11 and a market cap of just $855Mn. Pagaya is a Fintech, pick and shovels, AI play providing a platform/software service to commercial lenders like Visa, banks, and even…
Torsten Asmus I’ve covered some of the more important trends impacting bonds and bond ETFs these past few years, as Federal Reserve hikes have led to wild swings in interest rates and broader bond market conditions. Last time I covered these issues for the Vanguard Total Bond Market Index Fund ETF (NASDAQ:BND), nominal rates were…