J Studios/DigitalVision via Getty Images Investment thesis My previous bullish thesis about Enbridge (NYSE:ENB) as of November 28, 2023, aged well. The stock price lagged behind the broader market, but my bet was on safe dividend growth rather than outpacing the broader market in terms of growth. Just a couple of days after my previous…
OntheRunPhoto/iStock Editorial via Getty Images Summary As part of my continuing coverage of Embraer (NYSE:ERJ) I have updated estimates and valuation post 4Q23 results and provided an overview of the developing investment case. My view on ERJ has improved from the previous article more from de-risking the balance sheet and the company’s ability to generate…
bluejayphoto Banc of California (NYSE:BANC) makes an attractive valuable position for bank investors as shares provide an attractive 3% dividend yield and the regional lender keeps selling for an attractive discount to its long term average P/B ratio. Banc of California owns a well-performing core loan portfolio with a very strong asset quality profile and…
1001slide Note: I previously covered Pangaea Logistics Solutions (NASDAQ:PANL). In my previous take on PANL, I pointed out the company’s strengths: its ice-class fleet and port operations and its healthy financials. In today’s article, I discuss the last earnings report and valuation. Shipping investing is tough. Volatility is not optional but guaranteed. The last PANL…
XH4D/E+ via Getty Images Summary We’ve had a lot of requests to add another article to our series on MEEC to reflect the recent trial win. This article serves as a follow-up to our previous piece, which outlined the settlement reached with approximately half of the defendants involved in MEEC’s refined coal lawsuit. Both of…
DeanDrobot/iStock via Getty Images Pyxis Oncology (NASDAQ:PYXS) is developing antibodies and antibody-drug conjugates (ADCs) for various tumor types. When I wrote about the company in September 2023, I rated it a buy as the name was trading below cash and had the potential to run up into preliminary data from a phase 1 trial of…
Mlenny The iShares MSCI Australia ETF (NYSEARCA:EWA) experienced positive performance in 2023, printing +13.98% in returns for 2023. While this could be considered underwhelming when compared to the US and other developed markets, it has some real bright spots; an attractive dividend profile, some diversification characteristics, and offers a niche investment opportunity for the region….
JHVEPhoto Shares of RH (NYSE:RH), formerly known as Restoration Hardware, are up 23% from a year ago, but this hides what a bumpy ride it has been. Shares closed Wednesday about 25% below their 52-week high. After giving encouraging guidance, shares rallied by 8% past $320 Wednesday after hours. Even after this move, shares have…
Gaia, Inc. (NASDAQ:GAIA) Q4 2023 Earnings Conference Call March 27, 2024 4:30 PM ET Company Participants Ned Preston – CFOJirka Rysavy – Executive ChairmanJames Colquhoun – CEO Conference Call Participants Mark Argento – Lake Street Capital MarketsThierry Wuilloud – Water Tower Research Operator Greetings, and welcome to Gaia Fourth Quarter and Full Year 2023 Earnings…
Leon Neal BYD Global (OTCPK:BYDDF) submitted its earnings sheet for the fourth-quarter earlier this week and although the Shenzhen-based car brand missed earnings expectations, it once again proved that it is one of the most profitable EV makers in the world. The company also overtook Tesla (TSLA) in the fourth-quarter in terms of BEV sales…
Medicine Man Technologies, Inc. (OTCQX:SHWZ) Q4 2023 Earnings Conference Call March 27, 2024 5:00 PM ET Company Participants Sean Mansouri – External Head, Investor Relations, Elevate IRForrest Hoffmaster – Interim Chief Executive Officer and CFOJustin Dye – Chairman Conference Call Participants Joe Gomes – Noble CapitalAndrew Semple – EchelonPablo Zuanic – Zuanic & Associates Operator…
Robert Way Citigroup Inc.’s (NYSE:C) stock has enjoyed a scintillating twelve months, much to the relief of those who endured the ‘false-hope’ stages in late 2021 and 2022. C Stock 5-Y Returns (Seeking Alpha) We last covered the stock in April last year, when we assigned it a buy rating. Our premise back then was…
Spectral AI, Inc. (NASDAQ:MDAI) Q4 2023 Earnings Conference Call March 27, 2024 5:00 PM ET Company Participants Devin Sullivan – SVP, The Equity Group, Inc.Peter Carlson – CEO & DirectorVincent Capone – CFO, General Counsel & Corporate Secretary Conference Call Participants Ryan Zimmerman – BTIGCarl Byrnes – Northland Capital MarketsJohn Vandermosten – Zacks Investment Research…
MillerKnoll, Inc. (NASDAQ:MLKN) Q3 2024 Results Conference Call March 27, 2024 5:00 PM ET Company Participants Carola Mengolini – Vice President, Investor RelationsAndi Owen – Chief Executive OfficerJeff Stutz – Chief Financial OfficerJohn Michael – President, Americas ContractsDebbie Propst – President, Global Retail Conference Call Participants Greg Burns – SidotiBudd Bugatch – Water Tower ResearchAlex…
Juliano703/iStock via Getty Images Investment Thesis Fastenal Company (NASDAQ:FAST) stock has soared more than 152% over the last five beating the S&P 500 by a margin of about 66%. Seeking Alpha Following this solid upward trajectory, this stock is currently trading at a premium something which rules it out as a good value investment. However,…
Celcuity Inc. (NASDAQ:CELC) Q4 2023 Earnings Conference Call March 27, 2024 4:30 PM ET Company Participants Maria Yonkoski – ICR WestwickeBrian Sullivan – Chief Executive Officer and Co-FounderVicky Hahne – Chief Financial OfficerIgor Gorbatchevsky – Chief Medical Officer Conference Call Participants Tara Bancroft – TD CowenMaury Raycroft – JefferiesGil Blum – Needham & CompanyBradley Canino…
JHVEPhoto Shares of Chubb (NYSE:CB) have been a solid performer over the past year, rising 36%, and currently sitting near an all-time high as strong underwriting and elevated rates have combined to support strong profitability. Since rating shares a strong buy in October, shares have largely kept pace with the market rally, returning about 20%….
Maskot/DigitalVision via Getty Images Investment Overview Moderna, Inc. (NASDAQ:MRNA) held an investor event today to review its vaccines program and provide key business updates. Before we dive into that, let’s quickly review recent performance. The company announced its Q4 and full year 2023 earnings and business updates on February 22nd. Moderna described 2023 as a…
ER Productions Limited/DigitalVision via Getty Images Airship AI Holdings (NASDAQ:AISP) is part of the latest wave of SPAC IPOs to hit a major bourse in the U.S. Listed on the Nasdaq as of December 2023, this vertically integrated AI video surveillance hardware and software company looks like one of the more attractive plays in the…
ewg3D/E+ via Getty Images Here we are entering Spring in late March 2024 and the stock market indexes are making new all-time highs. Yet several Wall Street investment strategists see even higher highs by the end of the year. One of those companies that has a price target for the S&P 500 that is 5%…
adamkaz/iStock via Getty Images Ambac Financial Group (NYSE:AMBC) is an interesting case of a turnaround insurance company. Known as the American Municipal Bond Assurance Corporation decades ago, the 2008 Financial Crisis forced the company into a tight spot, as it has provided guarantee insurance on numerous bonds that went into default. For more than a…
BlackRock CEO Larry Fink has made bullish remarks about Bitcoin today on Fox Business, stating that their spot Bitcoin ETF, $IBIT, is experiencing unprecedented growth, making it the fastest-growing ETF ever. JUST IN: BlackRock CEO Larry Fink says their spot #Bitcoin ETF "is the fastest growing ETF in the history of ETFs." 🚀 pic.twitter.com/J6g7XrYWCU —…
FinkAvenue On Thursday March 13rd, Microsoft Corporation (NASDAQ:MSFT) announced that its Copilot for Security tool will become widely available to customers starting April 1, featuring new enhancements. The Copilot for Security enables cybersecurity experts to leverage generative artificial intelligence for various tasks, including incident summaries, vulnerability assessments, and data sharing. In that context, Microsoft highlighted…
MediPharm Labs Corp. (OTCQB:MEDIF) Q4 2023 Earnings Conference Call March 27, 2024 8:30 AM ET Company Participants David Pidduck – Chief Executive OfficerKeith Strachan – PresidentGreg Hunter – Chief Financial Officer Conference Call Participants Aaron Grey – Alliance Global PartnersScott Fortune – ROTH MKM Operator Ladies and gentlemen, thank you for standing by and welcome…
The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management. Demand from US BTC ETFs exceeds new BTC supply by 7x pic.twitter.com/OCU5D19rpf — Gayatri (@GayatriPC_) March 27, 2024 The surge in demand for…
metamorworks Investment Thesis As global geopolitical tensions remain elevated, military spending has started a meaningful uptick. A slew of conflicts witnessed since late 2020, starting from the east-Caucasus regions to eastern Europe and lately seen in the Middle East, have put sovereign entities across the world on guard. These tensions have also spilled out onto…
Jonathan Kitchen Listen here or on the go via Apple and Spotify. Amrita Roy, The Pragmatic Optimist, joins Rob Isbitts to discuss why she’s neutral on S&P 500 right now (2:25). Short-term interest rates have peaked, long-term rates should normalize; bullish on (TLT) (6:15). Macro investing, equity selection: Zscaler, GitLab, and Pinterest (17:40). Transcript Rob…
Dragon Claws/iStock via Getty Images Introduction Aroundtown (OTCPK:AANNF) suspended its 2023 dividend with the following press release: Luxembourg, 26 March 2024 – The board of directors (the “Board”) of Aroundtown SA (the “Company” or “Aroundtown”) has decided today not to recommend a dividend payment for 2023 at the Company’s annual general meeting intended for 26…
Start Time: 10:00 January 1, 0000 10:45 AM ET Tessenderlo Group NV (OTCPK:TSDOF)Q4 2023 Earnings Conference CallMarch 27, 2024, 10:00 AM ET Company Participants Luc Tack – CEOMiguel de Potter – CFO Conference Call Participants Wim Hoste – KBCSChristian Faitz – Kepler Chevreux Operator Hello, and welcome to the Tessenderlo Group 2023 Results. My name…
jetcityimage Walgreens (NASDAQ:WBA) is set to report their fiscal Q2 ’24 financial results before the opening bell tomorrow morning, Thursday, March 28, 2024. Analyst consensus is expecting $38.9 billion in revenue, $672 million in operating income and $0.82 in EPS, resulting in +3%, -45% and -29% yoy growth for the three metrics, respectively. Rather than…
“What underpins a world order is always the financial system. We are on the brink of a dramatic change where we are about to, and I’ll say this boldly, abandon the traditional system of money and accounting and introduce a new one. And the new one is what we call blockchain. It means digital. It…
MStudioImages/E+ via Getty Images Tripadvisor (NASDAQ:TRIP) is a leading global travel review and price comparison platform founded in 2000 as part of Expedia. It completed a spin off and became publicly traded in 2011. I have covered TRIP in the past in 2020, when I assigned it a neutral rating due to my doubt about…
Per a press release sent to Bitcoin Magazine, United States Senator Cynthia Lummis (R-WY) is set to appear in Washington D.C. alongside Fred Thiel, CEO of Marathon Digital Holdings (NASDAQ:MARA), to discuss the importance of maintaining the competitiveness of bitcoin mining in the United States. News of Lummis’s participation in The Bitcoin Policy Summit by…
Sidus Space, Inc. (NASDAQ:SIDU) Q4 2023 Results Conference Call March 27, 2024 9:00 AM ET Company Participants Valter Pinto – IR, Managing Director, KCSACarol Craig – Founder and CEOBill White – CFO Operator Greetings, and welcome to the Sidus Space Fourth Quarter and Full Year 2023 Results Conference Call. At this time, all participants are…
Bitcoin self-custody platform Casa announced that it’s launching a new inheritance product — Casa Inheritance — for its global customer base. Casa, known for helping crypto investors secure their BTC and other digital assets with multisig vaults, aims to make it easy for its customers to transfer their digital assets to their loved ones when…
Sunshine Seeds Nano Dimension’s (NASDAQ:NNDM) stock has been fairly range bound in recent years, but the company’s large cash balance positions it to create significant shareholder value. Nano Dimension’s core business is growing, and its margins are improving. The company is also implementing cost cutting measures which should move it closer to breakeven over the…
Bitcoin U.S. spot ETFs saw a remarkable reversal this week, with a massive $418 million net inflow on Tuesday. This comes after the ETFs experienced 5 straight days of net outflows last week during Bitcoin’s dip below $60,000. NEW: #Bitcoin ETFs saw a $418 million net inflow yesterday following five consecutive days of outflows last…
Local Bounti Corporation (NYSE:LOCL) Q4 2023 Results Conference Call March 27, 2024 8:00 AM ET Company Participants Jeff Sonnek – Investor Relations, ICRCraig Hurlbert – Chief Executive OfficerKathleen Valiasek – Chief Financial Officer Conference Call Participants Kristen Owen – OppenheimerBen Klieve – Lake Street Capital Markets Operator Good morning, and welcome to Local Bounti’s Full…
mirsad sarajlic This article series aims at evaluating ETFs (exchange-traded funds) regarding past performance and portfolio metrics. Reviews with updated data are posted when necessary. DFIV strategy Dimensional International Value ETF (NYSEARCA:DFIV) is an actively managed fund launched on 04/16/1999 and listed as an exchange-traded fund, or ETF, on 09/13/2021. DFIV has $7.1B of assets…
Marpai, Inc. (NASDAQ:MRAI) Q4 2023 Earnings Conference Call March 27, 2024 8:30 AM ET Company Participants Damien Lamendola – CEOSteve Johnson – CFO Conference Call Participants Operator Good morning and welcome to the Marpai Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. All participants will be in a listen-only mode. [Operator Instructions]. Please note…
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. In Nigeria, home of the largest digital asset economy in Africa, a feud has been developing…
Scott Olson March 26th ended up being a really fantastic day for shareholders of Krispy Kreme (NASDAQ:DNUT). This is because, after announcing a major expansion of a partnership that the company has with restaurant giant McDonald’s (MCD), shares spiked, closing up 39.4%. It’s unclear the exact impact this will have on the company moving forward….
Nick White/DigitalVision via Getty Images Introduction Chevron, (NYSE:CVX) made a big splash on the upstream E&P-M&A leader board last fall with the announcement of its $53 bn plus debt takeout of Hess Corp, (HES). There was never any doubt as to their motivation for taking this good sized E&P off the table. HES’s stake in…
AnthonyRosenberg CareTrust REIT, Inc. (NYSE:CTRE) is a well-managed healthcare real estate investment trust with a primary focus on senior facilities that support the needs of the elderly. The healthcare trust owns a large portfolio consisting of Skilled Nursing facilities and profits from key aging trends in the United States that will drive up demand for…
DNY59 Co-authored by Treading Softly. When was the last time you used one of those cake mixes that you bought at the grocery store? You know, the one where you just have to add water and eggs, or maybe even oil, and mix it all together, toss it in a pan, bake it, and end…
halbergman Shares of Aurora Cannabis (NASDAQ:ACB) are down by more than 95% since three years ago. The marijuana cultivator is a shadow of its former self. Many of its cultivation and retail facilities in Canada were shuttered over the past few years to match its output capacity to the anemic demand in its core markets,…
RapidEye/E+ via Getty Images It’s been more than a year since I last wrote about Arko Corp. (NASDAQ:ARKO). Back in March 2023, I noted that despite a 20%+ decline in the stock, Arko was still trading at a premium to peers. Since my article, Arko’s shares have continued to underperform, declining by another 26%. Figure…
David Becker Ouster (NYSE:OUST) has finally released its long-awaited Q4 results, achieving the highest quarterly revenue in its history at $24.4M and closing the year with record revenue of $83.3M, the highest among Western companies. This marks a remarkable 103% growth. The merger with Velodyne yielded exceptional results, surpassing operating expectations by an additional 40%…
China Mengniu Dairy Company Limited (OTCPK:CIADF) Q4 2023 Earnings Conference Call March 26, 2024 9:30 PM ET Company Participants Lu Minfang – Vice Chairman and Executive DirectorGao Fei – CEO and Executive DirectorZhang Ping – CFOLi Pengchen – VP, Group Affairs Head Conference Call Participants Xiaopo Wei – CitiChen Luo – Bank of AmericaLillian Lou…
OpenRangeStock/iStock via Getty Images I covered SNDL (NASDAQ:SNDL) last April and gave the company a Hold rating. The stock has gained 26.81% since my coverage. Most of the gain occurred in the last thirty days and surrounds the current cannabis sector rally. I continue a Hold rating for SNDL and will consider in this article…