tupungato Tapestry, Inc. (NYSE:TPR) has captured a new wave of operating and financial momentum, quietly pushing shares to a near 3-year high. The company’s latest quarterly report beat expectations, highlighted by expanding margins, turning the page on a challenging last couple of years between the pandemic disruptions and the more recent wave of inflationary cost…
miniseries In January, I started coverage of MoneyLion (NYSE:ML) with a “Buy” rating, noting the company has low customer acquisition costs and solid cross-selling opportunities. The stock is up over 20% since then. With the company recently reporting its Q4 results, let’s catch up on the name. Company Profile As a refresher, ML offers a…
Rick Kern/Getty Images Entertainment We’re nearly through the first quarter of 2024, and likely very few investors would have anticipated the sharp rise in the stock market since the start of the year. My appetite for risk-taking has taken off again, lifting everything from AI stocks to cryptocurrencies. But against this backdrop, investors should focus…
Torsten Asmus February CPI report The US BLS reported the CPI inflation report for February, and it shows that CPI inflation continues to be elevated and sticky at a level well above the Fed’s 2% target. On an annual basis, the core CPI dropped to 3.8% in February from 3.9% in January due to the…
deepblue4you/iStock via Getty Images Thesis Energy Transfer (NYSE:ET) continues to be undervalued compared to the bulk of the midstream industry. This discounted valuation is a result of negative shareholder sentiment as a result of a distribution cutback in 2020. It is my view that this stigma presents an opportunity to buy this high-yield stock with…
CHUNYIP WONG Introduction First Citizens BancShares Inc. (NASDAQ:FCNCA) (OTCPK:FCNCB) is a holding company that owns First Citizens Bank, an entity that renders a broad range of financial services for consumer and commercial clients across 600 branches in the US. Over the past 12 months, the FCNCA stock has managed to generate an outstanding alpha of…
Energy Vault Holdings, Inc. (NYSE:NRGV) Q4 2023 Earnings Conference Call March 12, 2024 4:30 PM ET Company Participants Bernie Colson – VP, IR Robert Piconi – Chairman and CEO Jan Kees van Gaalen – CFO Conference Call Participants Justin Clare – ROTH MKM Joseph Osha – Guggenheim Partners Thomas Boyes – TD Cowen Chris Ellinghaus…
Veritone, Inc. (NASDAQ:VERI) Q4 2023 Earning Conference Call March 12, 2024 4:30 PM ET Company Participants Stefan Norbom – IR Ryan Steelberg – President & CEO Mike Zemetra – CFO Conference Call Participants Kunal Madhukar – UBS Operator Hello, and welcome to the Veritone Inc. Fourth Quarter 2023 Financial Results Conference Call and Webcast. All…
TransAct Technologies, Inc. (NASDAQ:TACT) Q4 2023 Earnings Conference Call March 12, 2024 4:30 PM ET Company Participants Ryan Gardella – IR John Dillon – CEO Steve DeMartino – President and CEO Conference Call Participants George Sutton – Craig Hallum Jeff Martin – ROTH Capital Partners Operator Greetings, welcome to TransAct Technologies’ fourth quarter and full…
primeimages In December last year, I issued a relatively bearish article on Barings BDC (NYSE:BBDC) despite the fact that it carries quite many fundamentally sound characteristics. There were three distinct aspects that underpinned my conservative stance on Barings: Unfavourable leverage. In the past 5 quarters, BBDC experienced a constant uptick in the leverage profile, while…
Damir Khabirov/iStock via Getty Images Guess? (NYSE:GES) is a global apparel retailer with operations in 100 countries and nearly $3 billion in revenues. The company grew enormously in the early 2000s and until 2013. After that and until the pandemic, the company’s operations were bad, losing market and margins. In 2019, the company’s COO and…
Moderna, Inc. (NASDAQ:MRNA) Barclays 26th Annual Global Healthcare Conference Call March 12, 2024 2:35 PM ET Company Participants Lavina Talukdar – Senior Vice President and Head, Investor Relations Conference Call Participants Gena Wang – Barclays Gena Wang Welcome to Barclays Global Healthcare Conference. My name is Gena Wang. I cover SMID cap biotech. It is…
Allbirds, Inc. (NASDAQ:BIRD) Q4 2023 Earnings Conference Call March 12, 2024 5:00 PM ET Company Participants Christine Greany – The Blueshirt Group Joseph Zwillinger – Chief Executive Officer Joe Vernachio – Chief Operating Officer Annie Mitchell – Chief Financial Officer Conference Call Participants Katherine Delahunt – Morgan Stanley Janine Stitcher – BTIG Dylan Carden –…
Siltronic AG (OTCPK:SSLLF) Q4 2023 Earnings Conference Call March 12, 2024 5:00 AM ET Company Participants Verena Stutze – Head of Investor Relations and Communications Michael Heckmeier – Chief Executive Officer Claudia Schmitt – Chief Financial Officer Conference Call Participants Daniel Schafei – Citigroup Constantin Hesse – Jeffries Gustav Froberg – Berenberg Martin Jungfleisch –…
Latham Group, Inc. (NASDAQ:SWIM) Q4 2023 Results Conference Call March 12, 2024 4:30 PM ET Company Participants Casey Kotary – IR Scott Rajeski – President & CEO Oliver Gloe – CFO Conference Call Participants Robert Schultz – Baird Shaun Calnan – Bank of America Scott Stringer – Wolfe Research Jonathan Bettenhausen – Truist Securities Matthew…
Denis_prof Synopsis LKQ Corporation (NASDAQ:LKQ) is a worldwide distributor of vehicle products and specialty aftermarket products. It is also a constituent of the S&P 500 Index. Despite volatile revenue growth throughout the years, it has maintained a healthy profitability margin. Its Europe segment is the biggest in the mix for FY2023, and LKQ has been…
Michael Vi The case to buy Zscaler shares now Has the long awaited consolidation trade finally arrived? Tuesday, March 5th, was not a pleasant day on which to hold high growth IT stocks. Apple Inc.’s report (AAPL) of a 24% decline in its iPhone sales in China in the first 6 weeks of this year…
Koldunova_Anna/iStock via Getty Images Just emerging from a multi-month dormancy to command the investing world’s spotlight, investors are still discussing the reasons for gold’s breakout to record highs and, more importantly, if the gold bull still has legs. The most common assumption is that the fed funds outlook is the reason for the metal’s latest…
Neilson Barnard Elevator Pitch Squarespace, Inc. (NYSE:SQSP) shares are being upgraded to a Buy investment rating. I previously wrote about SQSP’s inorganic growth potential, the chances of the company becoming a takeover target, and how new business formation affects Squarespace’s prospects in my October 10, 2022 write-up. For this latest article, my attention lies with…
nastya_ph/iStock via Getty Images I first owned Hims & Hers Health, Inc. (NYSE:HIMS) in early 2021, when the company completed its merger with the SPAC, Oaktree Acquisition Corp. SPACs’ growing bad reputation, in combination with the falling market, forced me to exit my low-conviction positions, including HIMS. Last Spring, someone from my team brought Hims…
Fuchs SE (OTCPK:FUPBY) Q4 2023 Earnings Conference Call March 12, 2024 7:00 AM ET Company Participants Lutz Ackermann – Head, Investor Relations Stefan Fuchs – Chief Executive Officer Isabelle Adelt – Chief Financial Officer Conference Call Participants Konstantin Wiechert – Baader Helvea Riya Kotecha – Bank of America Michael Schaefer – ODDO BHF Martin Rodiger…
Jacob Wackerhausen/iStock via Getty Images Credo Technology (NASDAQ:CRDO) is a company providing high-speed connectivity solutions, such as integrated circuits / ICs, Active Electrical Cables / AECs, and Serializer and Deserializaer / SerDes Chiplets. Share performance has been relatively strong since going public in 2022 at the price of $11 per share. Despite the demand shock…
Mariia Borovkova/iStock via Getty Images Technological innovation can be exciting. But one of the risks is that you never know which companies will be harmed by it and which will be benefited, especially in the early stages of upheaval. One great example of this involves Getty Images Holdings, Inc. (NYSE:GETY), the online image library and…
honglouwawa Prices reflect near perfection, yet today’s world is particularly imperfect and dangerous. 1) The U.S. Market Well, the U.S. is really enjoying itself, if you go by stock prices. A Shiller P/E of 34 (as of March 1st) is in the top 1% of history. Total profits (as a percent of almost anything) are…
MicroStockHub An essential concept for a commodity trader is contango and backwardation, which describe term structure or the price difference for delivery in one period vs. another. Contango is a state where the price for nearby delivery is lower than that for deferred delivery. The higher deferred delivery price often reflects the impact of interest…
We Are How should your approach to portfolio management change as you age, especially as you near retirement? Kathryn Del Greco, Senior Investment Advisor with TD Wealth, speaks with MoneyTalk’s Kim Parlee about the importance of having goals and time horizons when making investment decisions. Transcript Kim Parlee – How should your approach to investing…
Start Time: 11:00 End Time: 11:20 January 1, 0000 ET Q4 2023 Earnings Conference Call March 12, 2024, 11:00 AM ET Company Participants Ted Koenig – Chairman and CEO Mick Solimene – CFO and Chief Investment Officer Alex Parmacek – Deputy Portfolio Manager Conference Call Participants Christopher Nolan – Ladenburg Thalmann Operator Welcome to Monroe…
gt29/iStock via Getty Images This article series aims at evaluating ETFs (exchange-traded funds) regarding past performance and portfolio metrics. Reviews with updated data are posted when necessary. IUSG strategy iShares Core S&P U.S. Growth ETF (NASDAQ:IUSG) started investing operations on 07/24/2000 and tracks the S&P 900 Growth Index. It has 470 holdings, a 12-month trailing…
Eoneren In truth, I don’t like the term “smart beta.” Great marketing term, but at the end of the day, that’s all it is. It’s a term used to describe a style of factor investing that, like all things in markets, will have cycles where it works, and cycles where it doesn’t. Despite my displeasure…
Today, more than 25 leading Bitcoin organizations joined forces under the banner of the ‘Bitcoin Deserves an Emoji’ movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards everywhere, signaling a monumental step toward recognizing Bitcoin’s multifaceted role in society as a revolutionary technology, a form of…
da-kuk After having recouped most of its losses since its August 2023 drop of nearly 20%, Fortinet, Inc. (NASDAQ:FTNT) seems to be at a crossroads. Its share price has been hovering between the $71 and $73 range for some time now with both Wall Street and Quant having Hold ratings as the stock trades at…
Relai, the Swiss-based Bitcoin app with a self-custody wallet, has announced a new partnership with Blockstream and Breez to integrate the Lightning Network into its platform, benefiting over 100,000 European users, according to a press release sent to Bitcoin Magazine. The Lightning Network offers a scalable solution to facilitate fast and low-cost transactions, making Bitcoin…
ATRenew Inc. (NYSE:RERE) Q4 2023 Earnings Conference March 12, 2024 8:00 AM ET Company Participants Jeremy Ji – Director of Corporate Development & IR Kerry Chen – Founder, Chairman and CEO Rex Chen – CFO Conference Call Participants Joyce Ju – Bank of America Xiaoxin Chen – CICC Operator Good morning and good evening, ladies…
You may have seen that picture of Michael Saylor in a bitcoin-branded van, with a cheerful guy right next to the car door. This one: Ariel Aguilar and La Bitcoineta European Edition at BTC Prague. That car is the Bitcoineta European Edition, and the cheerful guy is Ariel Aguilar. Ariel is part of the European…
syahrir maulana Introduction This article covers the Avantis US Small Cap Equity ETF (NYSEARCA:AVSC) (the “Fund“), an actively managed exchange-traded fund (“ETF“). Due to its limited operating history, high exposure to the Financial sector and underperformance relative to certain competitor ETFs, I deem it HOLD. Why Small Caps? Having performed a review of my portfolio…
Leland Bobbe/DigitalVision via Getty Images Thesis PENN Entertainment (NASDAQ:PENN) is a regional casino operator in the United States. The company recently partnered with ESPN by launching ESPN Bet to expand its sports betting and iCasino businesses. In my perspective, it is worth for investors to monitor the company for at least six months as I…
isak55/iStock via Getty Images Shares of small companies and value stocks have had a tough time keeping up with the broad market in recent years, and the headwind for these risk factors is still blowing so far in 2024. By contrast, the momentum factor (MTUM) has surged nearly 17% so far this year, dramatically outperforming…
simarik/E+ via Getty Images By Brien Lundin We’re seeing the first signs that Western investors are moving into gold. If past form holds true, this could turbocharge this already-powerful gold rally. This new gold bull run has been absolutely shocking in its intensity. Since it started just 10 days ago, gold has added $150 in…
Nikada Tencent (OTCPK:TCEHY) faces present difficulties from a slowdown in the Chinese economy, but full-year fiscal 2023 results look to close the book on a promising year, indicating the slow return of continued future growth after a troubling 2022. I believe that the stock is presently significantly undervalued based on a long-term horizon, but investors…
Dragon Claws/iStock via Getty Images By James Smith At the margin, the latest UK jobs report is slightly dovish for the Bank of England. The unemployment rate edged higher to 3.9%, with the usual caveat that there are still reliability question marks surrounding these numbers. Unfilled job vacancy numbers are falling steadily and are closing…
da-kuk By David Mann, Head of ETF Product & Capital Markets, Franklin Templeton The Fund has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Fund…
SweetBunFactory/iStock via Getty Images Investment Thesis ON Semiconductor (NASDAQ:ON) is a leading chip designer for power systems, image sensors, and complementary products. ON combines chip design with full vertically integrated manufacturing. ON has spent the last couple of years redefining what they are as a business. This includes the sale of multiple fabs, and low…
Joe Raedle/Getty Images News When investing in stocks, not every investment is working out. But expecting every investment to work out is an impossible standard and to make money as an investor, it is certainly enough when one out of two investments is becoming a success. Especially for long-term investors, it is enough to have…
lechatnoir The US stock market has defied Wall Street strategists’ opinions that were somewhat gloomy at the start of the year. Driven by the Mag 7, through March 8, the S&P 500 is up close to 8%, not including dividends, outpacing the Nasdaq 100 ETF (QQQ) and domestic small and mid-caps. The strong move through…
syahrir maulana Large-cap companies are typically more mature, resulting in lower volatility during turbulent market conditions as investors gravitate towards quality and adopt a more risk-averse stance. Over the last year, many investors have gravitated to the Mega-Cap stocks on fears of rising interest rates, inflation concerns, and a potential recession. Historically, March has been…
grandriver I last covered Devon Energy (NYSE:DVN) on Seeking Alpha back on June 14, 2023, “Devon Energy: Limited Upside Near-Term,” rating the stock a “Hold.” In that piece, I used a discounted cash flow (DCF) model to derive a long-term value target of roughly $60 per share for DVN, a little over a 20% premium…
ymgerman In my previous article about Getty Images (NYSE:GETY), I assigned a price target of $8 per share and outlined the case for my bullish position. Ahead of the March 14th earnings call, I felt the need for a closer examination of the company’s qualitative characteristics. In this article, I maintain my price target of…
simonkr The iShares National Muni Bond ETF (NYSEARCA:MUB) tracks the listed muni bond market, with substantial exposure to California and New York states in the US. The duration is quite long on this ETF at 6 years, so speculation on relatively short-term factors will matter. The ETF is super efficient with an expense ratio of…
Fokusiert In this update from our pre-December Powell coverage, the iShares 0-5 Year TIPS Bond ETF (NYSEARCA:STIP) is a TIPS portfolio with the right duration to be able to speculate on medium-term developments in macroeconomic conditions. Long-term real rates are super hard to predict as there is so much uncertainty around the long-term factors that…