RossHelen Shares of Laboratory Corporation (NYSE:LH) have continued to trade around the $200 mark, for quite a few years now, after the company was a relatively modest beneficiary of the pandemic, at the time boosting demand for its diagnostics solutions. Facing headwinds from the subsequent decline in these testing revenues, and amidst some moving parts…
DigiClicks What’s the ideal investment to meet the needs and preferences of retirees? Enterprise Products Partners (NYSE:EPD) would be my first choice. To begin with, it’s a great business with great management and a 25-year record which is unsurpassed in its category. Secondly, its earnings and distributions are steady and safe. Third, it’s cheap by…
olrat/iStock via Getty Images MYR Group Inc. (NASDAQ:MYRG) is a holding company of leading specialty contractors that service the electric utility infrastructure, commercial and industrial construction markets in the U.S. and Canada. The company has two business segments, a Transmission & Distribution segment (“T&D”) and a Commercial & Industrial segment (“C&I”). In 2023, MYR Group’s…
TBE What does generally come to your mind first, when people mention luxury goods? I would expect people to think about beach front villas, yachts, sport cars, but certainly fashion, watches and expensive cosmetics make the top of the list. Moët Hennessy Louis Vuitton (OTCPK:LVMHF), Hermès International S.A. (OTCPK:HESAY) and Estée Lauder Companies (EL) are…
Leon Neal Intel (NASDAQ:INTC) shares have returned about 23% since I have upgraded the stock to “Buy”, compared to a gain of about 16% for the S&P 500 (SP500). And as INTC shares are trading very close to my previously established target price of $45.5/ share, I feel it is time for me to revisit…
Wipada Wipawin Now more than ever, in my view, is a great time to pick up contrarian stock investments while the market is hovering around all-time highs. Not all great growth stories in the tech sector have to do with AI, after all. Plenty of overlooked stocks have equally exciting growth trajectories this year and…
alfexe Introduction In October 2022, Simplify launched the Simplify Stable Income ETF (NYSEARCA:BUCK). This came out alongside the more popular (and higher risk) Simplify Enhanced Income ETF (HIGH). Both have performed very well since then. Data by YCharts Note that while HIGH has the higher total return, it has also eaten into its own principal,…
Andrii Yalanskyi Introduction On December 27, I wrote an article titled “Ultrawide Moat, Great Valuation, Dividend Growth: Archer-Daniels-Midland Has It All.“ Although a three-month period is not a great measurement to check if a long-term thesis is working out, it needs to be said that Archer-Daniels-Midland Company (NYSE:ADM) shares have fallen 12% since then. During…
da-kuk Glamor stocks thrived early in 2024. The Information Technology sector and just about anything AI-related soared through mid-February. A rotation then took place under the market’s surface. Value and cyclical industries took charge; Energy and Financials, along with Communication Services, posted the best Q1 sector returns. In all, the Nasdaq 100 underperformed the S&P…
magnetcreative/E+ via Getty Images Eli Lilly (LLY) has been a phenomenal stock to own over the past couple of years. In early 2022, it was trading for about $230 per share, but today it trades for nearly $800. This huge run is largely due to the success of its obesity drug, “Zepbound”. Eli Lilly shares…
The best photo for all Investment overview I wrote about Enfusion (NYSE:ENFN) previously with a buy rating as I thought the business would continue to grow, with potential for acceleration given the visible catalysts available. Notably, valuation multiples should start to reflect their true worth when the business starts to generate profits. My recommendation remains…
Justin Sullivan The EV sector has had a tough year with waning demand. The EV manufacturers surviving the slump like Rivian Automotive, Inc. (NASDAQ:RIVN) are poised to benefit from the next up cycle in EV demand without competitors like Apple (AAPL) in the market. My investment thesis is ultra Bullish on Rivian with the company…
nielubieklonu Occidental Petroleum (NYSE:OXY) is making strides in positioning itself for strength as a carbon-friendly oil producer as the firm further develops its full-cycle well enhancements through CO2 direct air capture and EOR for well enhancements. As the oil industry faces a flat-to-down oil market for eFY24 paired with easing inflationary pressures relating to production,…
winhorse/iStock Unreleased via Getty Images Elevator Pitch Wharf Real Estate Investment Company Limited (OTCPK:WRFRF) [1997:HK] or Wharf REIC is rated as a Buy. Wharf REIC calls itself “one of the largest real estate companies in Hong Kong” with “flagship properties” like “Harbour City” on its corporate website. Harbour City, Hong Kong’s biggest retail mall, accounted…
ollo/iStock via Getty Images Introduction I have been keeping track of the performance of Tsakos Energy Navigation (NYSE:TNP) for several years now, and I mainly focused on the company’s preferred shares as I bought the Series F preferred shares at a steep discount to par during the worst days of the COVID crisis. In the…
Hitra Daiwa Industries (OTCPK:DAWIF) is one of the best publicly listed businesses on the market in Japan, covered in the past here as a Top Idea and again in May 2023 where we commented on some new product launches and generally strong profit growth performance. We will recap some of the primer for the business…
hatman12 Direxion Daily S&P 500 Bear 3X Shares ETF (NYSEARCA:SPXS) is one of the most popular instruments to short the broad market for trading or hedging purposes. However, its daily -3X leverage factor is a source of drift. It must be closely monitored to detect changes in the drift regime. This article explains what “drift”…
mapo/iStock via Getty Images Thesis I last wrote about the Vanguard Real Estate ETF (NYSEARCA:NYSEARCA:VNQ) back in August 2023 (see the next chart below). In that article, I argued for a buy thesis on the ticker based on its attractive yield spread relative to the risk-free rates (approximated by the 10-year treasury rates). Seeking Alpha…
Smederevac A few months ago, I wrote an initiation article on the KraneShares China Internet & Covered Call Strategy ETF (NYSEARCA:KLIP). In my opinion, the limited upside/unlimited downside structure of the KLIP ETF was not appealing, despite the fund’s large headline distribution yields. With a few months gone by since my initiation article, I want…
sitox The S&P 500 rose to a new historical high on Thursday. This is the 22nd “all-time high” of the year. There are several things to focus on. First, the economy is doing well. On Friday, the fourth quarter numbers for 2023 were revised upwards. Second, the excitement over artificial intelligence technology continues at a…
cemagraphics The S&P500 (SPY) ended Q1 and the month of March at 5254. It has gained 28% in less than six months and now has a PE ratio of 24.6. How can anyone buy this high?! Actually, it’s not that difficult; the key is to blank out how overvalued you think it may be, or…
Arturo Holmes Listen below or on the go on Apple Podcasts and Spotify Iger and Peltz face off in Disney annual shareholder meeting. (0:20) March payrolls seen up by 200,000. (1:13) Microsoft and OpenAI to build Stargate supercomputer. (4:04) The following in an abridged transcript of the podcast: The top stories to look out for…
phive2015 A phenomenal first quarter of performance for the major market averages bodes extremely well for the remainder of 2024. Barron’s indicated that when the S&P 500 rises 10% or more in the first quarter of a year, dating back to 1950, the index has finished higher 91% of the time over the remaining three…
Andy Feng NIO Inc. (NYSE:NIO) just made an announcement that said that the electric-vehicle company was curtailing its delivery forecast for 1Q-24 amid a soft demand environment in the company’s core market China. While slowing growth is obviously a big challenge for NIO, and an obstacle for price appreciation for NIO’s stock, I think that…
HJBC/iStock Editorial via Getty Images Here at the Lab, we like utility companies, and our team recently upgraded Enel and E.ON. Today, we are back to comment on Engie (OTCPK:ENGIY). On the French player, we were in a Wait-and-See mode, and as reported in our last analysis, we were expecting a reassuring outlook and a…
Darren415 I wrote about Ascend Wellness (OTCQX:AAWH) in early November, saying it was no longer the cheapest MSO. The stock was trading at just $1.00 then, and it now trades much higher. I like it, though! To be fair, I liked it then too, but I was concerned that it wasn’t as cheap to its…
Galeanu Mihai Introduction & Investment Thesis Workday (NASDAQ:WDAY) is a provider of enterprise cloud applications for finance and human resources. The stock has underperformed the S&P 500 and Nasdaq 100 YTD. The company released its Q4 FY24 earnings report last month, where revenue and earnings exceeded expectations. It is projected to grow its revenue by…
pcess609/iStock via Getty Images Market Recap 2024 is off to a pretty good start, the SPDR S&P 500 ETF Trust (SPY) posted its 3rd consecutive positive month this year. The gain in March of 3.27% was lower than February’s 5.22% return. But it was enough to push the ETF to a double digit year-to-date return….
Edwin Tan /E+ via Getty Images Intro In our most recent commentary in Lincoln Educational Services Corporation (NASDAQ:LINC) (June of 2023), we reverted to a ‘Hold‘ rating after multiple ‘Buy‘ ratings in the stock in 2022. We do believe in the rebalancing approach in that when the underlying trends & associated fundamentals are not temporarily…
matdesign24/iStock via Getty Images PaySign, Inc. (NASDAQ:PAYS) continues to deliver double digit net sales growth driven by successful investments in prepaid card-based payment solutions targeting the plasma donation industry. With 465 plasma centers and 6.4 million cardholders as well as sponsorship with large banks and card companies, I believe that operating margin and FCF could…
nattrass The solar sector has faced a brutal year as demand surged in 2022 following the Russian invasion of Ukraine and the globe fell under heightened energy concerns, especially in Europe. SolarEdge Technologies (NASDAQ:SEDG) has now faced an extended period of weak sales and even lower product shipments due to excess channel inventory. My investment…
Jonathan Kitchen As inflation potentially re-accelerates, investors continue to show increasing demand for innovative financial instruments that an protect against rising price. To that end, it’s worth looking at the Horizon Kinetics Inflation Beneficiaries ETF (NYSEARCA:INFL). INFL is an actively managed Exchange Traded Fund that seeks long-term growth of capital in real terms, i.e., adjusted…
nycshooter/iStock via Getty Images JBS (OTCQX:JBSAY) is the largest meat protein company in the world and the largest food company by revenue. In January I wrote a Buy article on the company. The reason was the company’s moat on its markets, good capital allocation and returns, geographical and protein source diversification, long-standing management and strong…
nespix/iStock via Getty Images Outlook Therapeutics (NASDAQ:OTLK) has made significant progress in advancing the use of its drug ONS-5010, which is being developed for the treatment of patients with wet age-related macular degeneration [Wet-AMD]. The use of this anti-VEGF drug is being explored in several studies, but the company is on the right track with…
bfk92 Note: I previously covered Dorian LPG (NYSE:LPG). In my previous take on LPG, I discussed its merits (fleet, financials, and valuation) and the LPG market, particularly the VLGC segment. I gave LPG a hold rating. Today, I comment on the last company report, the Dorian’s valuation, and the LPG market. LPG market highlights LPG…
farakos Introduction Amid parabolic stock moves in the technology sector, the murmurs of an AI bubble are growing louder and louder; however, nosebleed stock valuations are not limited to the Nvidias of the world. Costco Wholesale Corporation (NASDAQ:COST), a mature retail giant, is up ~50% over the last year, building on top of a parabolic…
Michael M. Santiago Thesis My last article, published in Oct. 2023, argued for a BUY thesis on Goldman Sachs Group (NYSE:GS) when it was trading near its tangible book value at that time. As argued in our article: Buying good banks such as GS at (or near) their tangible book value (“TBV”) is a no-brainer…
zimmytws/iStock via Getty Images The NCAA’s March Madness tournament is an annual opportunity to learn humility. I know I’ve written about this in past years, but the odds of filling out a perfect bracket are astronomical. It’s worth addressing again in 2024, starting with a quote from the NCAA itself. Early in March, while everyone…
phuttaphat tipsana/iStock via Getty Images Thesis overview Evaxion (EVAX) aspires to use artificial intelligence (AI) to design vaccines for cancer immunotherapy, as well as for infectious diseases. EVAX claims being more advanced than competition because it has been constantly developing and improving its models for 15 years. Additionally, EVAX has in-house capability to validate novel…
Lemon_tm The first week of April will be busy, with plenty of data to come, mainly on the jobs front, with some peeks into the inflation prism. The ISM purchasing managers indexes, ADP Jobs report, JOLTS report, and employment report will tell us a great deal about the state of the economy and, more importantly,…
Khanchit Khirisutchalual Tech stocks have helped power indices higher in the past several months, with the mega-caps continuing to dominate until recently. One area of the tech arena that’s not performed as well in the past couple of months is software, which has faced a long consolidation after a big run. One fund that purportedly…
SweetBunFactory Introduction ABB (OTCPK:ABBNY) has had a strong share price return of 20% CAGR over the past 5 years. A continuation of this performance is unlikely to be sustainable, in my opinion. The share price has potentially reached the top without further P/E expansion. Using a discounted cash flow valuation, I believe ABB shares are…
Spencer Platt/Getty Images News Above: Trading on the NYSE has given the stock a far deeper penetration into the US retail and institutional investor pools. The transition of FLUT from trading in London to the NYSE in January signaled a coming bull scenario which we alluded to on February 7th in our Seeking Alpha post…
borchee/E+ via Getty Images So far in 2024, the market has proven to be a “winner take all” game. Though the S&P 500 is sitting at all time highs, that growth has been driven by AI stocks – while many less prominent companies have conversely seen dramatic declines in share price. Fiverr (NYSE:FVRR) is in…
Sundry Photography/iStock Editorial via Getty Images Investment Thesis Union Pacific Corporation (NYSE:UNP) is rated as a buy as operations improve. We believe the new management will continue implementing significant improvements that will enable UNP to unlock superior shareholder returns. Previous management delivered a poor multi-year operational performance and at its current valuation, UNP is a…
deepblue4you 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 top-down, providing an overview of the broader market. We also try to add some historical context as well as relevant themes that…
LumiNola Over the past year, I have found myself looking deeply into the financial sector, especially focusing on commercial regional banks. One of the larger players that I ended up analyzing is a company by the name of United Bankshares (NASDAQ:UBSI). With a market capitalization of $4.63 billion as of this writing, the firm is…
JHVEPhoto Since I presented my ‘Strong Buy’ thesis for Veeva Systems (NYSE:VEEV) in June 2023, their stock price has surged by 21%. I discussed their data analytics and AI capabilities in the healthcare industry. They guide 15.5% revenue growth and 27% adjusted operating income growth for FY25. Veeva clinical platform connects clinical operations and data…
josefkubes The last time I have covered 3M Company (NYSE:MMM) was back in November 2023, recommending investors to initiate long position in this global industrial conglomerate as the company was trading at a very cheap valuation and at the beginning of its long-awaited turnaround. Since that time the stock has delivered a total return on…
simarik Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund [CEF] market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…