koto_feja There’s been a plethora of ETFs launched in the last couple of years that use an options overlay to generate income on a volatile underlying investment. Whether it’s single stock ETFs or broad market based ones, investors seem to love that yield, independent of whether it actually hurts the total return profile in the…
NYCstock Quick Overview With banks making headlines this week again, I wanted to touch upon a subsector of the financials segment that is often under-covered but often presents an interesting investing opportunity as I’ve written about in the last year, and that is insurance. Though it may not be the mainstream media’s hip and cool…
SeventyFour Investment Thesis Within the vast Real Estate Investment Trust (REIT) sector, there is a subsector that, in my opinion, stands out for its high quality, and that is self-storage. In this article, we will delve into why these businesses possess attractive qualities as investments and why Extra Space Storage (NYSE:EXR) appears to be one…
SDI Productions First Foundation (NYSE:FFWM) is a small bank based in Dallas, Texas. It operates mainly in California, Florida, Texas, Hawaii, and Nevada. The current macroeconomic environment is putting it in serious trouble; in fact, NIM has plummeted precipitously in recent quarters. The main problem was mismanagement of capital allocation in 2022, and to date…
Tanaonte/iStock via Getty Images Don’t put all your eggs in one basket. You might have heard this saying many times before. Many investors argue in favor of diversification to minimize the risk of losing capital, making it a fundamental rule in one’s investment objectives. Yet when we look at the top 10 richest people on…
BING-JHEN HONG/iStock Editorial via Getty Images Introduction On February 1, I stumbled upon an article on CleanTechnica about the Latin American expansion plans of Taiwanese electric scooter firm Gogoro (NASDAQ:GGR). I’ve written a total of four articles on SA about the company, the latest of which in March 2023 when I said that Gogoro was…
gorodenkoff It’s been 5 months since I published my first article about it Danaher (NYSE:DHR). Many things have happened since then, such as the presentation of annual results or the spin-off of Veralto. This article will aim to summarize all of this and update the thesis, as well as outline the new segments that make…
Coprid/iStock via Getty Images The Goldman Sachs Hedge Industry VIP ETF (NYSEARCA:GVIP) is a passively managed vehicle offering exposure to about 50 worthiest hedge-fund picks selected using quarterly 13F filings. This is a relatively simplistic yet nonetheless potent strategy with a respectable track record, though, as it always happens in investing, not a completely flawless…
Viktor Aheiev/iStock via Getty Images As the UK share market shows possible signs of weakness early in 2024, we look at ways of reducing equity risk. In an earlier blog, we explored the FTSE 100 Target Volatility index, which adjusts its exposure to equities and cash to target a specific level of index volatility. In…
KDDI Corporation (OTCPK:KDDIY) Q3 2024 Earnings Call Transcript February 2, 2024 1:30 AM ET Company Participants Makoto Takahashi – President, Representative Director and CEO Nanae Saishoji – Managing Executive Officer, CFO and Executive Director of Corporate Sector Toshitake Amamiya – Executive Vice President and Executive Director of Personal Business Sector Yasuaki Kuwahara – Senior Managing…
Thanakorn Lappattaranan/iStock via Getty Images “Learn to deal with the valleys and the hills will take care of themselves.” – Count Basie Despite all of the other headlines that surround investors they will be focused on earnings. The big banks have already started to report and some of the high-profile names visited the earnings confessional…
Allexxandar/iStock via Getty Images By Seema Shah, Chief Global Strategist and Han Peng, CFA, Quantitative Strategist In response to the recent China equity market rout, policymakers vowed last week to stabilize the market through more forceful measures. Despite a very positive initial market reaction (an 8% rebound in three days), deeper fundamental issues such as…
tadamichi By Catherine Yoshimoto, Director, Product Management After a sharp downturn in 2022, large cap equities bounced back to deliver strong performance in 2023. The Russell 1000 Index posted a 26.5% return for the year, largely buoyed by the Magnificent Seven. However, several other constituents were contributors to strong 2023 index performance—and these companies wouldn’t…
Kagenmi/iStock via Getty Images We believe the Brazilian market faces a favorable environment in 2024 due to factors such as continued rate cuts, GDP growth, and attractive valuations. In 2023, Brazilian equities experienced significant growth, with the Bovespa Index rising by 22.3% for the year, approaching its all-time high. This performance is notable given the…
Just_Super POSCO Holdings (NYSE:PKX) is a South Korean conglomerate encompassing steel, chemicals, construction, and trade businesses. While steelmaking remains its core activity, PKX is strategically repositioning itself toward becoming a future-proof, eco-friendly materials provider. Through its Future M business segment, for instance, PKX manufactures anode and cathode materials, two of the main components of EV…
Ratana21 The data sourced in the article below is derived from Lipper’s Global Fund Flows application. GFF can be found on LSEG Workspace (“FundFlows”). During LSEG Lipper’s fund-flows week that ended January 31, 2024, investors were overall net purchasers of fund assets (including both conventional funds and ETFs) for the second week in three, injecting…
WendellandCarolyn Kite Realty Group Trust (NYSE:KRG), founded in 1960 and headquartered in Indianapolis, IN, is a REIT that owns, acquires, (re)develops, and operates open-air shopping centers and mixed-use assets across the country. With a very well-diversified portfolio, remarkable recent growth, and a healthy solvency profile, this REIT seems to have a lot of potential. Additionally,…
marrio31 Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company (“BDC”) sector from both the bottom-up – highlighting individual news and events – as well as the top-down – providing an overview of the broader market. We also try to add some historical context…
Suchada Tansirimas This Analysis Assigns a Hold rating for Ero Copper Corp Ero Copper Corp. (NYSE:ERO) (TSX:ERO:CA) – a metals company based in Vancouver, Canada with copper and gold mining and exploration assets in Brazil – is given a “Hold” rating by this analysis, reflecting a downgrade from the “Buy” rating of the previous analysis…
Capuski By Doug Young Lots has been happening lately in the kitchen of appliance maker JS Global Lifestyle Co Ltd. (OTCPK:JGLCF, 1691.HK). Most recently, the maker of gadgets like coffee makers and blenders warned this week that its profit fell nearly 40% last year. But the big story for this company is the major haircut…
SusanneB This article is part of a series that provides an ongoing analysis of the changes made to Yacktman’s 13F stock portfolio on a quarterly basis. It is based on Yacktman Asset Management’s regulatory 13F Form filed on 2/2/2024. Please visit our Tracking Yacktman Asset Management series to get an idea of their investment philosophy…
Diego Thomazini Even though the earnings reports from Amazon (AMZN), Meta (META) and Apple (AAPL) aren’t in the data because LSEG cuts off the earnings and market data as of Thursday night’s market close, the upside surprise for Q4 ’23 S&P 500 EPS closed the week at +6.4%, versus the +7.2% from Q3 ’23. That…
ebrublue10 Prelude Therapeutics (NASDAQ:PRLD) is an early stage developer of cancer therapeutics. In 2022, their lead candidate, and the one program with efficacy data, used to be PRT811. PRT811 is a PRMT5 inhibitor which ran a phase 1 trial in solid tumors, including glioma and splicing mutated uveal melanoma, where it saw some positive data….
Delmaine Donson Summary In recent quarters, Meta Platforms, Inc. (NASDAQ:META) has clearly demonstrated strong execution and decisive action on cost discipline, all of which have significantly raised its credibility in navigating a challenging economic and political environment and positioned the company for sustainable growth. Roughly a year ago, the market was concerned that Apple Inc.’s…
Banco de Chile (NYSE:BCH) Q4 2023 Earnings Call Transcript February 2, 2024 10:30 AM ET Company Participants Rodrigo Aravena – Chief Economist & Institutional Relations Officer Pablo Mejia – Head of IR Daniel Galarce – Head of Financial Control and Capital Conference Call Participants Tito Labarta – Goldman Sachs Ernesto Gabilondo – Bank of America…
tadamichi The iShares U.S. Treasury Bond ETF (BATS:GOVT) is a pretty high-duration ETF that will be sensitive to the situation of speculated rates across the yield curve, and how the Fed signals its upcoming prevailing rate policies. We are still careful with duration, but are actually more concerned about moderate-duration fixed income compared to long-duration….
AB SKF (publ) (OTCPK:SKFRY) Q4 2023 Earnings Conference Call January 31, 2024 2:00 AM ET Company Participants Patrik Stenberg – Director, SKF Group IR & Mergers, Acquisitions Rickard Gustafson – CEO Niclas Rosenlew – CFO Conference Call Participants Daniela Costa – Goldman Sachs Klas Bergelind – Citi Sebastian Kuenne – Royal Bank of Canada Max…
Julius Baer Gruppe AG (OTCPK:JBAXY) Q4 2023 Earnings Conference Call February 1, 2024 3:30 AM ET Company Participants Romeo Lacher – Independent Non-Executive Chairman Philipp Rickenbacher – CEO Evangelia Kostakis – CFO Conference Call Participants Jeremy Sigee – BNP Paribas Exane Máté Nemes – UBS Kian Abouhossein – JPMorgan Chase & Co. Benjamin Goy –…
WW Grainger, Inc. (NYSE:GWW) Q4 2023 Earnings Conference Call February 2, 2024 11:00 AM ET Company Participants Kyle Bland – VP, IR Donald Macpherson – Chairman & CEO Deidra Merriwether – CFO & SVP Conference Call Participants Ryan Merkel – William Blair & Company Thomas Moll – Stephens Inc. Jacob Levinson – Melius Research Ken…
TDK Corporation (OTCPK:TTDKY) Q3 2024 Earnings Conference Call January 31, 2024 3:30 AM ET Company Participants Tetsuji Yamanishi – Executive Vice President Conference Call Participants Unidentified Company Representative If I may, I would like to start the TDK Corporation Third Quarter and Performance Briefing for Fiscal Year March 2024. Allow me to introduce the attendees….
ricardoreitmeyer/iStock via Getty Images Similar or virtually identical securities often create arbitrage opportunities. You can trade the more expensive one for the cheaper one and often get some extra mileage out of it. Of course, the first step is to determine how similar they are and whether it makes sense to actually use them interchangeably…
WisdomTree, Inc. (NYSE:WT) Q4 2023 Earnings Conference Call February 2, 2024 11:00 AM ET Company Participants Jessica Zaloom – Head of Corporate Communications Bryan Edmiston – Chief Financial Officer Jarrett Lilien – President and Chief Operating Officer Jonathan Steinberg – Founder and Chief Executive Officer Jeremy Campbell – Head of Investor Relations Will Peck –…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. On Sunday, February 4, El Salvador’s presidential election will determine whether Nayib Bukele and his revolutionary…
NOV Inc. (NYSE:NOV) Q4 2023 Earnings Conference Call February 2, 2024 11:00 AM ET Company Participants Amie D’Ambrosio – Director, IR Clay Williams – Chairman, President and CEO Jose Bayardo – SVP and CFO Conference Call Participants Arun Jayaram – JPMorgan Securities Jim Rollyson – Raymond James Ati Modak – Goldman Sachs Doug Becker –…
In a recent statement, former President Donald Trump made it clear that, if elected for a second term, he would not reappoint Jerome Powell as the Federal Reserve Chair. Trump has expressed his dissatisfaction with the current Fed Chair’s performance, and suggests that Powell will rate cuts in attempt to give Democrats an advantage in the…
aquaArts studio/E+ via Getty Images Seeking Alpha analysts have been cautious about investing in Cantaloupe (NASDAQ:CTLP) because of its high P/E ratio. And I was initially skeptical when, after recommending Asbury Automotive (ABG) to readers in November in part because David Abrams owns such a large stake, one of my readers recommended I look into…
With the previous articles, we found the disconnect between paid-for work and paid-for time. We also understood that if you want to get paid you have to provide work that is valuable for others. So when the person consumes the benefit of your work, the exchange happens value for value – work for sats. But…
AbbVie Inc. (NYSE:ABBV) Q4 2023 Earnings Conference Call February 2, 2024 9:00 AM ET Company Participants Liz Shea – Vice President of Investor Relations Rick Gonzalez – Chairman of the Board & Chief Executive Officer Rob Michael – President & Chief Operating Officer Jeff Stewart – Executive Vice President & Chief Commercial Officer Carrie Strom…
CaixaBank, S.A. (OTCPK:CAIXY) Q4 2023 Earnings Conference Call February 2, 2024 3:00 AM ET Company Participants Marta Noguer – Head, Investor & Shareholder Relations Gonzalo Gortazar – Chief Executive Officer Javier Pano – Chief Financial Officer Conference Call Participants Maksym Mishyn – JB Capital Ignacio Ulargui – BNP Paribas Exane Sofie Peterzens – JPMorgan Alvaro…
Olivier Le Moal January picked up right where 2023 left off. The market headed for record highs, with what felt like the first down day occurring right at the end of the month. Dividend increases were a mixed bag, with some major disappointments for dividend growth investors from dividend stalwarts and unexpected significant increases from…
Bitcoin is fixing money. Thanks to Bitcoin, anyone in the world is free to transfer money over a peer-to-peer network without having to go through a financial institution. Money that cannot be censored by authorities, devalued by governments, monopolized by corporations, or stopped by borders. However, when it comes to trading, going through a trusted…
Konecranes Plc (OTCPK:KNCRF) Q4 2023 Earnings Call Transcript February 2, 2024 4:30 AM ET Company Participants Kiira Froberg – Vice President of Investor Relations Anders Svensson – President & CEO Teo Ottola – Chief Financial Officer Conference Call Participants Daniela Costa – Goldman Sachs Antti Kansanen – SEB Mikael Doepel – Nordea Erkki Vesola –…
Justin Sullivan We all know about the classic “beat and raise” during earnings season, where a company beats estimates and raises guidance for the next quarter or year. And the market typically rewards the stock. Meta Platforms, Inc. (NASDAQ:META) took this to a new level last night, to the extent that I am struggling for…
Bruce Bennett/Getty Images News Investment Thesis Wendy’s (NASDAQ:WEN) is one of the largest quick-service restaurants and fast food chains in North America that is known for their burgers, sandwiches, and other food items. Founded almost 55 years ago, the company expanded rapidly in the 70s and 80s and now has over 7000 locations. Today, it’s…
wilpunt Investment Rundown The stock price of Onto Innovation Inc (NYSE:ONTO) has been on a roaring uptrend for the last 12 months, exhibiting a 120% return, heavily outperforming the broader markets. However, the question arises of how long ONTO can maintain its recent years of explosive growth. It seems to be heavily tied to decreasing…
herkisi Overview The dollar (USDOLLAR, DXY) is offered ahead of today’s US jobs report, even though expectations are for solid, if not spectacular, jobs growth of around 185k. The Australian and New Zealand dollars are leading today’s move, while the euro approached $1.09, which it has not traded above this week. Sterling neared the lower…
PM Images/DigitalVision via Getty Images Written by Sam Kovacs Introduction During the past year, I have been successfully been selling put options to generate double-digit cash yields. I say I, but it really has been a family effort. Whilst I’ve been behind most of the design of the strategy, my father Robert and younger brother…
Thos Robinson Billionaire Stephen A. Schwarzman recently attended the Davos World Economic Forum, where he made some very interesting remarks about what he thinks are great investment opportunities at the moment. In case you are not familiar with Steve Schwarzman, he is the co-founder and CEO of Blackstone Inc. (BX), which is the biggest private…
Greenseas/iStock via Getty Images SNDL (NASDAQ:SNDL) at its current US$350 million market cap is likely trading significantly below what it otherwise would have under more normalized capital market conditions. Cannabis tickers have fallen out of favor as base interest rates at 22-year highs have sapped investor risk appetite, and a lack of progress on the…
J. Michael Jones There has been a lot of speculation about “hold to maturity” issues at Bank of America (NYSE:BAC) that have created a lot of probably unnecessary fears. The sheer amount of misunderstanding about this part of the industry has led to a lot of market miscalculations as to the value of the common…