PhonlamaiPhoto Nova (NASDAQ:NVMI), a supplier of metrology and process control tools for the semiconductor market, has paused in recent days, but that does not take away from the fact that NVMI has doubled in value in about four months, and by even more if one goes back further in time. However, while the rally is…
maybefalse Elevator Pitch I have a Buy rating for Youdao, Inc. (NYSE:DAO) shares. My previous November 17, 2023 article touched on DAO’s financial results for the third quarter of last year and the company’s continued share buybacks. The spotlight is on Youdao’s 2024 prospects in this update. I think that DAO will perform better this…
Cango Inc. (NYSE:CANG) Q4 2023 Earnings Conference Call March 11, 2024 9:00 PM ET Company Participants Jiayuan Lin – CEO Yongyi Zhang – CFO Conference Call Participants Pingyue Wu – Citic Securities Operator Good morning and good evening, everyone. Welcome to Cango Inc.’s Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. At this time,…
Natee127 Upstart Holdings, Inc. (NASDAQ:UPST) remains unloved and neglected, even though the fintech’s sales trends are looking much better compared to the beginning of 2023. The present year will be a transition year for Upstart Holdings, and the central bank’s rate timeline could be a catalyst for a re-rating to the upside in 2024. Upstart…
Aleksandra Zhilenkova It has been roughly four months since I last covered the Grayscale Bitcoin Trust (NYSEARCA:GBTC) for Seeking Alpha. At that time, I was bullish, though I did mention the fact that I was decreasing my position in the fund: I’ve minimized my exposure to GBTC, in part because the NAV window has closed…
eyewave Investment action I recommended a buy rating for Nestle (OTCPK:NSRGY) when I wrote about it the last time, as I believed in the value of its famous brands that have strong equity value. I also believed that an improvement in volume and gross margin would drive the share price up in the near term….
Legal & General Group Plc (OTCPK:LGGNY) Q4 2023 Earnings Conference Call March 6, 2024 5:00 AM ET Company Participants Antonio Simoes – Chief Executive Officer Jeff Davies – Chief Financial Officer Michelle Scrimgeour – Chief Executive Officer, Legal & General Investment Management Andrew Kail – Chief Executive Officer, Legal & General Institutional Retirement Bernie Hickman…
Hypoport SE (OTCPK:HYPOF) Q4 2023 Earnings Conference March 11, 2024 12:00 PM ET Company Participants Ronald Slabke – CEO Conference Call Participants Operator Ladies and gentlemen welcome to the Webcast Earning Q4 2023 of Hypoport SE. At our customers’ request, this conference will be recorded. As a reminder, all participants will be in a listen-only…
volodyar Following the Fiscal Year 2023 results release, we are back to analyze Stevanato Group (NYSE:STVN). As a reminder, our team has a buy-rating view supported by Secular Tailwinds In Biologics Demand, 2) a CAPEX plan with an economic moat, and 3) a margin expansion projection. After the Q4 results, we are moving Stevanato Group…
bjdlzx Equitrans Midstream (NYSE:ETRN) shareholders can now see why EQT (EQT) spun off the midstream company and then later sold the remaining shares. The Mountain Valley Pipeline proved to be a huge anchor to company improvements. Now, after everything this company has been through, EQT proposes to acquire Equitrans Midstream. The .3504 shares of EQT…
Alex Wong/Getty Images News Investment thesis My previous bullish thesis about Palantir’s (NYSE:PLTR) stock aged well, as the stock rallied by 47% over the last three months, compared to an 11% increase in the S&P 500 (SPX). Today I want to update my thesis with the review of recent developments and valuation update. PLTR rallied…
anurak phraisan/iStock via Getty Images The Dividend Kings are stocks that have increased their dividends annually for 50+ years. It’s a formidable list to enter. Only 47 stocks have made it. Consequently, it’s a mark of distinction and points to long-term earnings and dividend safety. In this article, I discuss three of my favorite Dividend…
Alto Ingredients, Inc. (NASDAQ:ALTO) Q4 2023 Earnings Conference Call March 11, 2024 5:00 PM ET Company Participants Kirsten Chapman – MD, LHA Investor Relations Bryon McGregor – President and CEO Rob Olander – CFO Conference Call Participants Amit Dayal – H.C. Wainwright Eric Stine – Craig-Hallum Justin Dopierala – DOMO Capital Management Operator Good afternoon,…
Asana, Inc. (NYSE:ASAN) Q4 2024 Earnings Conference Call March 11, 2024 4:30 PM ET Company Participants Catherine Buan – Head, Investor Relations Dustin Moskovitz – Co-Founder & Chief Executive Officer Anne Raimondi – Chief Operating Officer & Head of Business Tim Wan – Chief Financial Officer Conference Call Participants Michael Funk – Bank of America…
Michael Warren/E+ via Getty Images Introduction and thesis Johnson Outdoors (NASDAQ:JOUT) is a leading global manufacturer and marketer of outdoor recreational products. Johnson Outdoors operates through multiple brands, offering a diverse range of outdoor gear and equipment for various recreational activities such as fishing, camping, diving, and water sports. JOUT Whilst our rating of JOUT…
Ranpak Holdings Corp. (NYSE:PACK) Q4 2023 Earnings Conference Call March 11, 2024 4:30 PM ET Company Participants Sara Horvath – General Counsel Omar Asali – Chairman and Chief Executive Officer Bill Drew – Chief Financial Officer Conference Call Participants Ghansham Panjabi – Baird Adam Samuelson – Goldman Sachs Danny Eggerichs – Craig-Hallum Capital Group Operator…
DKosig Originally posted on March 06, 2024 By Adila McHich At A Glance As uncertainty continues to surround commodity markets, traders are searching for ways to navigate an environment with new risks emerging almost daily. More of them are finding their tool of choice in short-term options. These refer to a class of options with…
domin_domin Using options to generate extra income and yield on a portfolio isn’t a new concept, but it’s one that was normally left to specialized options traders. Exchange-traded funds, or ETFs, solved the access problem, with a slew of funds now available in the marketplace that use the technique so you don’t have to. One…
Justin Sullivan/Getty Images News We have enormous respect for Nvidia Corporation (NASDAQ:NVDA) and its visionary and hard-working co-founder and CEO Jensen Huang. It shows what a company can achieve when it invests in innovation, and is led by someone that actually understands the underlying technology. Some of its competitors have put in charge CEOs who…
oatawa Friday’s payrolls data for February dispatched another upside surprise, reaffirming the now-consensus view that recession risk is low for the US economy. Hiring rose 275,000 last month, beating expectations – well above the consensus forecast of around 200,000. A closer look at the numbers, however, paints a mixed picture. As The Wall Street Journal…
AdShooter/E+ via Getty Images Introduction It’s time to talk about one of the victims of elevated inflation. That company is Conagra Brands, Inc. (NYSE:CAG), a packaged foods giant I started to like a lot last year. My most recent article on this stock was written on November 20, when I went with the title “Why…
JJFarquitectos Fashion is a fast-changing business, but Industria de Diseño Textil, S.A. (OTCPK:IDEXY) or ‘Inditex’ has seen its unique blend of speed and quality weather the cycles exceptionally well. If anything, the moat may actually be wider today, as Inditex continues to lead on inventory management, helped by an integrated supply chain and more recently,…
metamorworks Investors often get caught up focusing on the S&P 500, but there is a world of stocks away from the domestic large-cap space. An overlooked ETF is the Vanguard Extended Market ETF (VXF). This is an all-inclusive SMID-cap fund – it houses all US stocks not technically classified as large caps. It includes many…
ansardi If you got a smartphone at any time In recent years, it likely came with a fast charger. The odds are, overwhelmingly, the components were either gallium nitride (GaN) or silicon carbide (SiC). A vast majority of GaN power integrated circuits, and a growing portion of SiC devices, contain components and technology from Navitas…
Justin Sullivan/Getty Images News Nvidia, are we at the end of the line? If you are thinking long term, the answer to the above question is probably “not.” Artificial Intelligence, as a bane or blessing, is here to stay, and obviously, Nvidia (NASDAQ:NVDA) is going to be a major player. However, if you are living…
owngarden When you have been a Seeking Alpha contributor as long as I have (since 2008) you tend to get a good sense of investor sentiment simply by the number of page views and the number and tone of the comments these articles receive. A big surprise to me is the relative lack of interest…
Bet_Noire Above: The FY saw sharp increases in revenue, AEBITDA across every one of the verticals in the LNW portfolio. The trail from Scientific Games to Light & Wonder We go way back with Light & Wonder, Inc. (NASDAQ:LNW) stock, though we have not covered it since 2022 (Hold rating) because of its lapse into…
Monty Rakusen Tokyo Electron (OTCPK:TOELF)(OTCPK:TOELY), one of the leading suppliers of semiconductor manufacturing equipment, is on a roll. Quarterly earnings are on the rise with big improvements in recent quarters. The wafer fab equipment or WFE market is coming off a downturn, but demand has been more robust than anticipated with a helping hand from…
wellesenterprises Oracle (ORCL), the large-cap, relational database software giant, reports their fiscal Q3 ’24 financial results after the bell on Monday night, March 11th, 2024. Analyst consensus – per LSEG – is expecting: Revenue: $13.3 bl for expected y.y revenue growth of 7% Operating inc: $5.7 billion for expected y.y growth of 10% EPS: $1.38…
The London Stock Exchange (LSE) released a “crypto ETN admission factsheet” showcasing its decision to accept applications for Bitcoin exchange-traded notes (ETNs). The move comes as part of the LSE’s efforts to expand its offerings and provide investors with exposure to bitcoin. JUST IN: 🇬🇧 London Stock Exchange to start accepting #Bitcoin exchange traded note applications pic.twitter.com/h2XmzXqz2f…
Just_Super/iStock via Getty Images Medtronic PLC (NYSE:MDT) is a global developer and manufacturer of medical devices for chronic diseases. Founded in 1949, Medtronic is now a $111 billion (by market cap) healthcare behemoth that employs 95,000 people. The company reports results across four segments: Cardiovascular, 37% of FY 2023 revenue; Neuroscience, 29%; Medical Surgical, 27%;…
T-Mobile US, Inc. (NASDAQ:TMUS) Deutsche Bank’s 32 Annual Media, Internet & Telecom Conference Call March 11, 2024 8:50 AM ET Company Participants Jon Freier – President, Consumer Group Conference Call Participants Bryan Kraft – Deutsche Bank Bryan Kraft Okay. All right. Hi, everyone. I’m Bryan Kraft. So I cover the media and telecom cable sectors…
The creator of BRC-20 (Bitcoin Request for Comment 20), Domo, has announced his non-profit foundation is now dedicated to the governance of the BRC-20 protocol. This organization, known as the Layer 1 Foundation (L1F), will collaborate with Ordinals companies such as Unisat and Best In Slot to oversee the protocol’s maintenance, according to a press…
Wiphop Sathawirawong/iStock via Getty Images Investment Summary Sea Limited (NYSE:SE) is an e-commerce company based in Singapore that operates in Southeast Asia. It has three segments: digital entertainment (Garena; $511 million in revenues or 14% of total revenues), e-commerce (Shopee; $2.6 billion in revenues or 73% of total), and digital financial services (SeaMoney; $472 million…
Former President Donald Trump spoke to CNBC about his stance on Bitcoin today, revealing that he occasionally accepts Bitcoin as payment. In the interview, Trump acknowledged the growing popularity of Bitcoin and that “its taken its own life.” While Trump did not provide specific details about the frequency or context in which he accepts Bitcoin,…
Dilok Klaisataporn The Nuveen S&P 500 Dynamic Overwrite Fund (NYSE:SPXX) invests in S&P 500 components and writes covered calls on 35% – 75% of its holdings. Doing so boosts the fund’s distribution yield to 7.6%, but moderately reduces potential capital gains. SPXX’s strategy seems reasonably sustainable, with fund distributions and NAVs seeing positive growth since…
Spencer Platt Investment Thesis CAVA Group (NYSE:CAVA) continues to see its stock soaring higher and higher every day. But beyond its share price, I don’t believe its fundamentals are growing quite as strongly as its share price leads one to believe. According to my estimates, CAVA Group’s 2024 revenue will decelerate from 60% y/y CAGR…
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. Digital Currency Group, a venture capital firm, has filed a motion to dismiss a criminal suit…
Douglas Rissing The Senate on Friday passed a $460 billion spending bill to keep the U.S. government operating, taking a potential shutdown for several agencies off the table for the rest of the fiscal year.” Kathy Stech Ferek, Wall Street Journal. “Friday’s measure authorizes the funding of federal agencies through the end of the current…
TERADAT SANTIVIVUT The big reversal in Nvidia (NVDA) got a lot of attention on Friday, as the market darling closed down 5% on heavy volume. As of Friday morning, March 8th, 2024, Nvidia was up 17% in the last 5 trading days and as of the start of the day, was 42% above its 50-day…
tadamichi One of my favorite funds to “set and forget”, the RPAR Risk Parity ETF (NYSEARCA:RPAR) has yet to give its scarred investors much of a break. Following a historically terrible 2022 for multi-asset strategies, driven by a back-breaking spike in interest rates, last year was barely better than flat for the risk-parity fund. In…
Just_Super Gold’s unexpected breakout to all-time highs in recent trading days has many investors wondering if they should purchase gold miners to leverage future gains. My regular readers know I have been anticipating far higher gold prices over the last year. And, the push above US$2200 oz. intraday on Friday could be just the start…
Michael M. Santiago Introduction Exxon Mobil (NYSE:XOM) has been a key driver in my portfolio and allowed me to outperform the market since 2020. During the pandemic, I bought the stock dirt cheap close to $30, when the entire world was buying tech, growth, and alternative investments like crypto and pictures of rocks. However, I…
slobo A few months ago, we wrote an article about Costco (NASDAQ:COST). In that piece, we talked about how the combination of the company’s consistent growth, continued buybacks, strong momentum, and reasonable valuation were promising factors that could lead to long-term outperformance for shareholders of the stock. Fast-forward to today, and it’s certainly been the…
Sorapop/iStock via Getty Images We revisited VanEck Video Gaming and eSports ETF (NASDAQ:ESPO) sooner than we expected to. Blame a pair of seemingly unstoppable stocks that this ETF can own because enough of their business revolves around its target industries. While the ETF is up 12% since our hold rating, versus about half of that…
spooh Earlier this year, I wrote an article comparing Enbridge (NYSE:ENB) with a closely related peer, Enterprise Products Partners (NYSE:EPD). The analysis showed that both companies carry some attractive fundamental characteristics, which are critical for yield-seeking investors to have in order to capture growing streams of current income while keeping the financial risk in balance….
AzmanJaka Medpace (NASDAQ:MEDP) is a fast-growing clinical research organization, focused on small biopharma customers, and is still founder-led by CEO August Troendle. Throughout the last year, particularly small biopharma companies increasingly faced financing issues due to the macroeconomic slowdown and rising interest environment. Additionally, we saw loaded inventories and therefore a normalization for equipment manufacturers….
Scharfsinn86 In September, I concluded that a darling has fallen out of favor in the case of Darling Ingredients (NYSE:DAR) as the business has seen very strong operating momentum in recent years, supported by some transformative acquisitions. Despite these achievements, valuations had seen a real setback as this combination made that appeal was on the…
temizyurek An analysis of the iron ore miner Rio Tinto (NYSE:RIO) is a very good example right now of just how much things can change in just a quarter to alter perspective on it. When I wrote about it the last time, in December 2023, there were clear signs that its price was due for…
DINphotogallery Global shipping rates surged at the end of 2023. The Drewry World Container Index (WCI) jumped from under 1,500 to near 4,000 over just a handful of weeks. While there has been a pullback in the composite index of 6% to $3,287 per 40ft container this past week, the index increased by 82% when…