The debt elephant has left the room. vicnt/iStock via Getty Images Warner Bros. Discovery Q4/23 earnings review Warner Bros. Discovery (NASDAQ:WBD) released its full-year 2023 earnings report on 2/23/24, and, for what it’s worth, missed estimates both on revenues (1%) and on earnings (instead of tiny positive EPS, the actual result was -$0.16 per share)….
PATRICK T. FALLON/AFP via Getty Images Investment Thesis In the rapidly evolving electric vehicle (EV) industry, I believe Rivian’s (NASDAQ:RIVN) strategic maneuvers, as outlined in its latest earnings call, articulate a firm foundation for future growth and profitability despite their near term underperformance and lower than expected production guidance for 2024. I believe a new…
Smith Collection/Gado/Archive Photos via Getty Images Investment Thesis: I take the view that Hyatt Hotels has the capacity for longer-term upside given continued RevPAR growth across luxury brands. In a previous article back in November 2023, I made the argument that Hyatt Hotels (NYSE:H) has the capacity to see further upside, on the basis of…
bodnarchuk [Gold investing offers a diverse marketplace of investment options and approaches for investors. The main motivations to invest in gold have been for diversification, as an inflation hedge, or for speculation, but the big reason is for the dynamics of this market that are different from traditional equities and for unique niches of opportunities…
Teamjackson We present our note on Veolia Environnement SA (OTCPK:VEOEF) (OTCPK:VEOEY), the leading global provider of environmental services to municipal and industrial clients, with a Buy rating. We are drawn by Veolia’s exposure to structural tailwinds, cost-cutting efforts, synergies execution leading to significant growth CAGR, dividend coverage, and a cheap valuation. We see the upcoming…
bjdlzx Peyto (OTCPK:PEYUF) management has the best “seat in the house” to judge an acquisition. But they cannot realistically put everything they know in the presentation to shareholders. This management, unlike many I follow, is now revealing some points that are probably as important if not more important than some of the reasons given at…
John M. Chase/iStock Unreleased via Getty Images With an S&P 500 that is climbing toward new heights, most tech stocks – whether or not they are related to the AI boom – have also climbed sharply after seeing a wide correction last year. Among these beneficiaries is Lyft (NASDAQ:LYFT), the second-largest rideshare operator in the…
Lemon_tm/iStock via Getty Images Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity 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 as well…
michal-rojek/iStock via Getty Images Materialise (NASDAQ:MTLS) is about to emerge from a period of significant investment, which should see the company’s profit margins move higher over the next 1-2 years. A modest valuation, combined with solid growth and a transition to profitability, should see the stock perform well going forward. While Materialise is a quality…
Nikolay Ponomarenko I follow Green Thumb Industries (OTCQX:GTBIF) closely and have done so since it went public in 2018. I think that the company has a decent business and the best balance sheet of the large MSOs. The company, which will report its Q4 on Tuesday afternoon, seems overvalued to me relative to peers. I…
Justin Sullivan Systematic vs. Firm-specific The broad stock market, as proxied by the S&P 500 (SP500) is affected by two forces. First, there is the systematic risk, as related to the business cycle (growth, unemployment, inflation), which is generally managed by the Fed. Second, there are firm-specific or industry-specific events that generally affect only a…
courtneyk Co-authored by Treading Softly. Have you ever spoken with somebody who has completely made up their mind and just ignored what you have to say outright? They’re not really that concerned with the facts. They’re more concerned with their pre-conceived opinion. I think author Frank Peretti put it well when he said it this…
Douglas Rissing In keeping with my running commentary on bonds, thought to write an article focusing on treasuries. Since I last wrote about treasuries last year, returns have been mediocre as yields have risen. Moving forward, likely Federal Reserve cuts should put pressure on yields, which might lead to some short-term capital gains for treasuries,…
tsingha25/iStock via Getty Images Elevator Pitch I have a Hold investment rating for ON24, Inc. (NYSE:ONTF) shares. Previously, I highlighted that ON24’s valuations were undemanding based on the price-to-revenue metric in my earlier article written on October 12, 2023. The focus of the current write-up is the review of ONTF’s recently announced results for the…
Neilson Barnard In our last coverage of Icahn Enterprises L.P. (NASDAQ:IEP), we pointed out that the distribution was nowhere near safe, despite the large initial cut. We expected another one within a year and felt the risks were materially skewed to the downside. Investors have put those warnings on snooze and the stock is flat…
Jon Feingersh/The Image Bank via Getty Images We previously covered Iron Mountain Incorporated (NYSE:IRM) in November 2023, discussing its mixed near-term prospects, as the management aggressively expanded its data center capacity to capitalize on the generative AI boom at a time of elevated interest rate environment. Despite the REIT’s increased reliance on debt and moderately…
PM Images Listen here or on the go via Apple Podcasts and Spotify Why Austin Hankwitz is focused on profitability and cash flow (0:20). Russell 2000 is weirdly undervalued (3:10). This is an abridged conversation from a recent Investing Experts podcast. Transcript Rena Sherbill: Austin Hankwitz, you host Rich Habits Podcast. Writer for Seeking Alpha….
JamesBrey Two of the most popular investors in modern times – Charlie Munger of Berkshire Hathaway (BRK.A, BRK.B) and Ray Dalio of Bridgewater Associates – each provided valuable wisdom to investors on how to successfully compound wealth over the long term. Charlie Munger emphasized reaching six figures in savings as a key milestone along the…
Yuichiro Chino/Moment via Getty Images The S&P 500 (SPY) blew off to new all-time highs this week, mirroring the projections outlined in last weekend’s article. Not only did the index “take a step back on Tuesday’s re-open and drop to test the 4950-60 area,” it then rebounded to the target area at “the cluster of…
shih-wei Written by Nick Ackerman, co-produced by Stanford Chemist. Despite the continuing global conflicts causing disruptions in key natural gas and oil-producing countries, the prices of these commodities have been resilient in the case of oil or falling in the case of natural gas. That’s put pressure on the share prices of energy companies. In…
D. Lentz Above: The Vegas downtown market BYD properties are doing well but have been disrupted by construction. That is mostly past now. The massive proliferation of data and constant hash and rehash of metrics and analysis that accompany the coverage of securities today compels savvy investors to extend their need for more diverse sources…
bymuratdeniz/E+ via Getty Images Investment Overview – Why Protagonist Stock Has Been On Roller-Coaster Ride For Past 3 Years Back in March 2021, I covered Protagonist Therapeutics (NASDAQ:PTGX) in a post for Seeking Alpha, giving the company and its stock a “Buy” recommendation, based on the potential of its lead proprietary drug, Rusfertide, to secure…
Just_Super Markets Review (All MSCI index returns are shown net and in U.S. dollars unless otherwise noted.) Sources: CAPS CompositeHubTM, Bloomberg Past performance is not indicative of future results. Aristotle International Equity Composite returns are presented gross and net of investment advisory fees and include the reinvestment of all income. Gross returns will be reduced…
Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images Introduction Sometimes the best investments are the ones that don’t need a lot of attention. I last discussed Coca-Cola Consolidated (NASDAQ:COKE) in February 2022 and rated it a ‘strong buy’. The share price has performed really well in the past two years as the stock is up…
Yuichiro Chino/Moment via Getty Images Those who cannot change their minds cannot change anything.” ― George Bernard Shaw Today, we put Adaptive Biotechnologies Corporation (NASDAQ:ADPT) in the spotlight as this diagnostic concern recently posted fourth quarter results to close out FY2023. The stock has lost over 50% of its value over the past 12 months….
Userba011d64_201 “Periphery and core” and global government finance Bubble analytical frameworks continue to offer a fruitful perspective for better understanding today’s extraordinary backdrop. At the “periphery,” China’s Bubble deflation has reached another critical stage. Here at the “core,” “Terminal Phase Excess” is also at a critical juncture. Bloomberg’s Jonathan Ferro: “You think the biggest risk…
MicroStockHub Markets Review (All MSCI index returns are shown net and in U.S. dollars unless otherwise noted.) Sources: CAPS CompositeHubTM, Bloomberg Past performance is not indicative of future results. Aristotle International Equity Composite returns are presented gross and net of investment advisory fees and include the reinvestment of all income. Gross returns will be reduced…
Eric Francis My previous, and so far only, coverage of Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) was back in November 2023 after the company’s Q3 report. Back then, it felt a bit strange for me to write about Berkshire for the first time after 600 articles (at that time) on Seeking Alpha and holding the stock…
BlackJack3D Markets Review The U.S. equity market rebounded, as the S&P 500 Index (SP500, SPX) rose 11.69% during the period. Concurrently, the Bloomberg U.S. Aggregate Bond Index rallied, increasing 6.82% for the quarter. In terms of style, the Russell 1000 Value Index underperformed its growth counterpart by 4.66%. Sources: CAPS CompositeHubTM, Bloomberg Past performance is…
manassanant pamai Introduction Gold is one of the largest alternative assets investors across the world hold, and is commonly held because its returns do not match those of stocks and bonds, giving extra diversity and stability to traditional portfolios. Data by YCharts Choices, Choices There are dozens of choices of ETFs that investors could buy…
SOPA Images/LightRocket via Getty Images Elevator Pitch I continue to assign a Buy investment rating to Envestnet (NYSE:ENV) shares. My previous November 21, 2023 write-up drew attention to ENV’s favorable corporate developments. I assess Envestnet’s most recent quarterly financial performance with this latest article. Envestnet recorded an impressive +23% bottom line beat for Q4 2023….
Vertigo3d You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. ― Buckminster Fuller Shares of conversational commerce and AI software concern LivePerson, Inc. (NASDAQ:LPSN) have plummeted more than 95% since hitting an all-time high in February 2021 as AI bot technology loses…
koto_feja Shares of NeuroPace (NASDAQ:NPCE), a relatively smaller epilepsy player, have seen a strong rally towards the end of 2023 and early into 2024. In fact, shares have doubled since I called shares a speculative epilepsy play in September of last year. Amidst continued operating momentum, shares have seen a re-rating already, yet more potential…
Yuichiro Chino/Moment via Getty Images Overview My recommendation for Informatica Inc. (NYSE:INFA) is a buy rating, as I expect growth to accelerate from here given that cloud revenue, which is growing a lot faster, will become a larger piece of the business moving forward. The increase in revenue scale and penetration of large customers should…
RichHobson/E+ via Getty Images Introduction Count me as one of the people who also think interest rates will be cut sometime soon. When to be exact? No one knows, but I do think we’ll get one sometime this year. There’s also a chance we can get another increase before cuts as seen by the latest…
BalkansCat/iStock Editorial via Getty Images The big news for Warner Bros. Discovery (NASDAQ:WBD) is that management found a cushion that, so far, the market could care less about. But that rather significant cash cushion (that I discussed when management found it) has made the transition of these assets to a formidable competitor far easier. It…
Stephen McCarthy/Sportsfile via Getty Images In this quarterly update to my investment thesis on Telefônica Brasil (NYSE:VIV), I’m upgrading my recommendation from buy to strong buy after the company reported solid results in the fourth quarter, culminating in a robust improvement in its financial position throughout 2023. Although Telefônica Brasil’s shares have risen 45% in…
Cecilie_Arcurs/E+ via Getty Images A few months ago, we wrote an article about Hims & Hers Health (NYSE:HIMS) titled: “Hims & Hers: 3 Reasons To Buy This Potential Growth Stock“. In that article, we made the case that the stock was incredibly undervalued when compared to the company’s growth opportunity and TAM over the long…
simonkr Welcome to the February 2024 edition of the lithium miner news. The past month saw lithium prices generally flat. Lithium price news Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.) spot price was down 0.59% and the China lithium hydroxide (56.5% min.) price was down 2.18%. The…
BlackJack3D Deals and Financings Shanghai AlphaGen Therapeutics and ArtBio of Cambridge MA, two targeted radioligand therapy (RLT) companies, forged a far-reaching agreement to expand AriBio’s market and develop new RLTs. AlphaGen will have China rights to use ArtBio’s AlphaDirect™ isotope isolation technology to generate 212Pb, a unique isotope without a global supply. It will also…
Jinda Noipho/iStock via Getty Images By Garey J. Aitken, CFA, & Timothy W. Caulfield, CFA Market Overview The S&P/TSX Composite Total Return Index returned 8.1% in the fourth quarter. Benchmark 10-year interest rates in Canada and the U.S. reached 2023 highs of 4.24% and 4.99%, respectively, in October before ultimately giving way in the final…
LIONEL BONAVENTURE/AFP via Getty Images Meta Platforms’ (NASDAQ:META) (META:CA) stock has been on a bull run over the past year, as it delivered strong advertising revenue growth, and the company’s ‘Year of Efficiency’ paid off. In the previous article, we discussed how Meta’s AI initiatives are promising sources of growth, with the company benefitting from…
ronniechua Along with Japan, India has been the hottest Asian market over the last year. One year in, though, analysts are starting to question the sustainability of this rally. Per Kotak Bank: “Stocks are overvalued in general; some less, some more, some bizarre.” I’d disagree with the skeptics, particularly for the Nifty/MSCI large caps, where…
SeventyFour/iStock via Getty Images Service Corporation International (NYSE:SCI) is a company we’ve covered some time ago, focusing on the interesting cash flow dynamics of the business and its secular trends. The changes since then have been the end of COVID-19 excess deaths, which has caused an anticipated decline in funeral revenues. Nonetheless, SCI performs well…
JHVEPhoto Telenor (OTCQX:TELNY) offers a high-dividend yield, but this is more the result of poor dividend sustainability than being an income opportunity, thus investors should avoid its shares. As I’ve covered in a previous article, Telenor offers an attractive dividend yield, but its dividend sustainability is questionable, and therefore it’s not a great income pick…
Patrick Jennings/iStock via Getty Images I first covered Federal Agricultural Mortgage Corporation, also known as Farmer Mac (NYSE:AGM) several months ago in an article titled Farmer Mac: A Lot To Like About It where I referred to this company as a great dividend growth stock. Since my last article, the company announced quarterly results twice,…
EvgeniyShkolenko/iStock via Getty Images MarketAxess Holdings Inc. (NASDAQ:MKTX) reported its Q4 earnings which beat estimates although it wasn’t enough to stem a sharp selloff in shares that are down more than 25% YTD and currently near a five-year low. We last covered the stock back in early 2022 citing what was then expected to be…
hocus-focus/iStock Unreleased via Getty Images Despite a cautiously optimistic market that is energized by the AI boom, investors should maintain tremendous caution around richly valued growth stocks. I’ve moved more of my portfolio toward cash and value-oriented plays since the start of the year and locked in gains on many of my growth positions. Sprout…
Mishella Introduction The listed partnerships for Brookfield Corporation (NYSE:BN) like BEP, BIP and BBU have declined in value from their 2021 levels but these interests are not the whole picture. Per my August article, Brookfield Corporation is undervalued. Since then, the full-year 2023 numbers have come out and there are some key positives. Brookfield Corporation…
Bloomberg/Bloomberg via Getty Images Elevator Pitch Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) [8316:JP] shares are assigned a Buy rating. I previously touched on SMFG’s shareholder capital return, financial goals, and valuations in my December 10, 2023 article. This current update highlights the latest positive developments for Sumitomo Mitsui Financial. My view is that Sumitomo Mitsui…