Richard Drury Starwood Property Trust (NYSE:STWD), on February 22, 2024 reported better than expected distributable earnings that continues to fundamentally support my buy recommendation from October 2023. The REIT is seeing solid performance in its core commercial and residential (C&R) lending segment and Starwood Property easily supported its $0.48 per-share quarterly dividend with distributable earnings…
ClaudineVM Elevator Pitch I have a Buy investment rating for Stericycle, Inc. (NASDAQ:SRCL) shares. Earlier, I wrote about Stericycle’s growth outlook for the long run and its inorganic growth potential in my previous write-up published on November 15, 2023. For the current update, the focus is SRCL’s latest quarterly financial performance and the company’s guidance…
Pixelimage Blackstone Secured Lending (NYSE:BXSL) out-earned its dividend with net investment income in the fourth quarter which in turn led to the BDC reporting a 1% QoQ increase in its net asset value per share. The BDC’s large floating-rate debt portfolio is still producing top results for Blackstone Secured Lending and BXSL is a rare…
tadamichi Introduction Crawford United Corporation (OTCPK:CRAWA) is a US specialty industrial products and services group that is on my stock watchlist. The company focuses on inorganic growth, and it has more than doubled its operating income since 2022. In my view, the prospects for the business are bright and Crawford United looks undervalued at the…
golibo In my previous coverage of the leading digital advertising company, Taboola (NASDAQ:TBLA), in June 2023 last year, I shared my buy thesis on how TBLA’s fundamentals and market leadership could pave the way to share price appreciation. Today, my call is proven to be right. TBLA is now trading at $4.36, an almost 50%…
damircudic With a market capitalization as of this writing of nearly $6 billion, Wintrust Financial Corporation (NASDAQ:WTFC) is one of the larger banks that I like to write about. In the middle of June of last year, I wrote a bullish article wherein I discussed the tumble that the stock had seen following the start…
Dr_Microbe Fusion Pharmaceuticals (NASDAQ:FUSN) emerges as an interesting story in the oncology sector, especially in the niche but growing radiopharmaceuticals segment. The appeal of Fusion lies in its approach to precision oncology, particularly with its clinical candidates’ portfolio for a range of cancers. The company’s investment attractiveness is anchored by its commitment to innovation, including…
CCC Intelligent Solutions Holdings Inc. (NASDAQ:CCCS) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants Bill Warmington – VP, IR Githesh Ramamurthy – Chairman and CEO Brian Herb – CFO Conference Call Participants Alexei Gogolev – JPMorgan Samad Samana – Jefferies Callie Valenti – Goldman Sachs Peter Burkly – Evercore ISI…
Darren415 When GrowGeneration (NASDAQ:GRWG) was much higher in early December, I suggested that investors should avoid the stock. I said then that I would “buy some closer to $2” when the stock was trading near $3. It is now 15% of the model portfolio I share with members of my investing group. I named it…
Marcelo Hernandez Universal Music Group (OTCPK:UMGNF) (OTCPK:UNVGY), the largest pure-music company in the world in terms of sales, reported fourth-quarter and full-year results that handily beat expectations. With the TikTok battle, a newly announced reorganization, and the continued rise in share price, there’s a lot to get into. Let’s dig in. Introduction To Universal Music…
Rimini Street, Inc. (NASDAQ:RMNI) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants Dean Pohl – Vice President, Treasurer & Investor Relations Seth Ravin – Chief Executive Officer & President Michael Perica – Chief Financial Officer Conference Call Participants Brian Kinstlinger – Alliance Global Partners Daniel Hibshman – Craig-Hallum Operator Good…
Peach_iStock By Rich Mathieson and Christopher DiPrimio, CAIA The post-COVID era has marked a shift from decades of stagnant economic growth to a regime of reflation characterized by positive nominal growth and structurally higher inflation (and interest rates). The below series of charts illustrates the impact of this shift through the lens of corporate earnings….
RHJ Introduction For investors looking to invest in “the trends of the future,” no commodity stands out more than uranium. Lauded as a solution to carbon-emitting fossil fuel power plants, nuclear has been on the rise across the world both on the energy production front, but also on Wall St. The Sprott Uranium Miners ETF…
PM Images Small-caps have been relative underperformers against the S&P 500 for some time, but at showing some signs of life here. Should momentum continue, a small-cap fund focused on growth could be interesting to allocate to. The iShares S&P Small-Cap 600 Growth ETF (NASDAQ:IJT) aims to mirror the performance of the S&P SmallCap 600®…
Steve Jennings/Getty Images Entertainment The tech bubble is back, or at least signs of a bubble are back. While Cloudflare (NYSE:NET) has given up some of its post-earnings gains, it remains over 50% higher than just several months ago and the valuation is hard to justify. The company continues to generate sector-leading top-line growth and…
Parradee Kietsirikul/iStock via Getty Images Investment Thesis Aetemis (NASDAQ:AMTX) has a volatile history with its revenue and earnings, and as recently as the past two years, it was greatly impacted by the volatility of the commodity market more than once. The management has a new five-year plan to address its growth by improving efficiency and…
ergint prtma/iStock via Getty Images Chocolate makes people happy. It is sweet, smooth, and melts in your mouth. The rich taste comes from cocoa beans that grow on trees (mostly in West Africa. However, you’ll being paying a lot more for your favorite candies in 2024, due to unprecendated weather and disease issues in Ivory…
shapecharge Early each year, I like to check in on how annuity sales trended for the previous year. Survey says: Another record. According to LIMRA, 2023 marked the second consecutive year of record sales for annuities. The increase was +23% compared to 2022 as retirement numbers continue to show more older workers exiting the labor…
ARC Document Solutions, Inc. (NYSE:ARC) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants David Stickney – VP, IR Kumarakulasingam Suriyakumar – Chairman & CEO Dilantha Wijesuriya – President & COO Jorge Avalos – CFO Conference Call Participants Gregory Burns – Sidoti & Company David Marsh – Singular Research Operator Good…
sofirinaja/iStock via Getty Images We previously covered Block (NYSE:SQ) in September 2023, discussing its consistently improving metrics across its profit margins, user acquisition, and stock valuations, with the consensus already rewarding the raised forward guidance with expanded top and bottom line estimates through FY2025. Combined with the well-diversified fintech offerings and improved cross-selling within its…
Get ahead of the market by subscribing to Seeking Alpha’s Stocks to Watch, a preview of key events scheduled for the coming week. The newsletter keeps you informed of the biggest stories set to make headlines, including upcoming IPOs, investor days, earnings reports and conference presentations. Stocks to Watch subscribers can also tune in on…
Hadi Pramono/iStock via Getty Images Earnings season is in full swing, and so far it has been a relatively dramatic one: many tech stocks have seen large double-digit percentage swings after reporting results. AI stocks continue to be the dominant theme here, and many software companies that either directly produce AI products or have embedded…
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) Q4 2023 Earnings Conference Call February 27, 2023 9:00 AM ET Company Participants Yvonne Fletcher – SVP, Finance and IR William Zartler – Founder, Chairman & CEO Kyle Ramachandran – President & CFO Conference Call Participants Stephen Gengaro – Stifel John Daniel – Daniel Energy Partners Operator Good morning, and…
Sundry Photography The following segment was excerpted from this fund letter. Teledyne Technologies, Inc. (NYSE:TDY) Headquartered in Thousand Oaks, California, Teledyne Technologies is an industrial technology company which manufactures sensors, cameras, instruments and systems that enable its customers to monitor, analyze and distribute information. Teledyne focuses on end markets that demand advanced technology and high…
Chip Somodevilla Blackstone Has Almost $200B In Dry Powder I updated Blackstone Inc. (NYSE:BX) investors that the easy money in BX was likely over, even as BX surged and attempted to break through the $130 resistance level. However, the market has spoken, as BX has underperformed the S&P 500 (SPX) (SPY) since my previous update…
Barrett Business Services, Inc. (NASDAQ:BBSI) Q4 2023 Earnings Call Transcript February 28, 2024 5:00 PM ET Company Participants Gary Kramer – President and CEO Anthony Harris – CFO Conference Call Participants Lee Jagoda – CJS Securities Jeff Martin – ROTH Capital Partners Vincent Colicchio – Barrington Research Marc Riddick – Sidoti & Company Operator Good…
Strategic Education, Inc. (NASDAQ:STRA) Q4 2023 Earnings Conference Call February 29, 2024 10:00 AM ET Company Participants Terese Wilke – Director of Investor Relations, Strategic Education Robert Silberman – Chairman Karl McDonnell – President and Chief Executive Officer Daniel Jackson – Executive Vice President and Chief Financial Officer Conference Call Participants Jeff Silber – BMO…
International Money Express, Inc. (NASDAQ:IMXI) Q4 2023 Earnings Call Transcript February 27, 2024 9:00 AM ET Company Participants Alex Sadowski – IR Coordinator Bob Lisy – Chairman, CEO & President Andras Bende – CFO Marcelo Theodoro – Chief Digital Officer Conference Call Participants David Scharf – Citizens JMP Mike Grondahl – Northland Securities Chris Vang…
ExlService Holdings, Inc. (NASDAQ:EXLS) Q4 2023 Earnings Call Transcript February 29, 2024 10:00 AM ET Company Participants John Kristoff – VP of IR Rohit Kapoor – Vice Chairman and CEO Maurizio Nicolelli – CFO Conference Call Participants Bryan Bergin – TD Cowen Ashwin Shirvaikar – Citigroup Puneet Jain – JPMorgan Mayank Tandon – Needham &…
PeopleImages/iStock via Getty Images We previously covered Digital Realty Trust (NYSE:NYSE:DLR) in December 2023, discussing why we maintained our Buy rating for the stock, thanks to its improved monetization rate and impressive generative AI tailwinds through 2027. Combined with the announced Data Center partnership with Realty Income (O)/ Blackstone (BX), we believed that DLR remained…
Enerflex Ltd. (NYSE:EFXT) Q4 2023 Earnings Conference Call February 29, 2024 10:00 AM ET Company Participants Jeffrey Fetterly – VP, Corporate Development & IR Marc Rossiter – President, CEO & Director Preet Dhindsa – Interim CFO Conference Call Participants Aaron MacNeil – TD Cowen Cole Pereira – Stifel Tim Monachello – ATB Capital Markets John…
Digimarc Corporation (NASDAQ:DMRC) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants Joel Meyer – Executive Vice President, Chief Legal Officer and Corporate Secretary Riley McCormack – President and Chief Executive Officer Charles Beck – Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Robin Knipp – Janney Montgomery…
Controladora Vuela CompañÃa de Aviación, S.A.B. de C.V. (NYSE:VLRS) Q4 2023 Earnings Conference Call February 27, 2024 9:00 AM ET Company Participants Ricardo Martinez – Investor Relations Director Enrique Javier Beltranena Mejicano – President and Chief Executive Officer Holger Blankenstein – Executive Vice President, Airline Commercial and Operations Jaime Esteban Pous Fernandez – Chief Financial…
Spencer Platt/Getty Images News Introduction Bank of America (NYSE:BAC) is one of the largest financial institutions in the United States, and this banking giant with worldwide presence likely doesn’t need a lengthy introduction. While the common shares are well covered here on Seeking Alpha by a myriad of authors, I have been keeping an eye…
Alkami Technology, Inc. (NASDAQ:ALKT) Q4 2023 Earnings Conference Call February 28, 2024 5:00 PM ET Company Participants Steve Calk – Vice President and Head of Investor Relations Alex Shootman – Chief Executive Officer Bryan Hill – Chief Financial Officer Conference Call Participants Mayank Tandon – Needham Andrew Schmidt – Citi Jacob Stephan – Lake Street…
Miguel Alvarez/iStock via Getty Images Introduction When the interest rates on the financial markets are low a “buy and build” strategy based on M&A makes a lot of sense. That’s exactly how Nomad Foods (NYSE:NOMD), a leader in frozen meals and frozen food, operated. Of course the increasing interest rates in the past few years…
spawns/iStock via Getty Images Rarely are officials able to achieve the proverbial economic soft-landing when higher interest rates help cool price pressures without triggering a significant rise in unemployment or a contraction. Yet, without declaring victory, the Federal Reserve’s confidence that this will be achieved has risen. Still, its increased confidence is unlikely to lead…
Johan Holmdahl I have been sounding the alarms about the risks of Novavax (NASDAQ:NVAX) since 11/2016’s “Novavax: The Little Engine That Couldn’t“. My most recent Novavax article was 11/2023’s “Novavax: Less Is Less – Shrinking COVID Market Takes Its Toll (Rating Downgrade)”. The current article reviews its investment merits following anxious trading after its Q4,…
hernan4429 Co-produced by Austin Rogers for High Yield Landlord. The real estate sector has taken a beating over the last few years. The problems of office real estate are well-known today, but there are pockets of distress building in other sectors as well. There are plenty of negative headlines about commercial real estate right now,…
pixelfit Before quickly moving on to March and beyond, posterity beckons for some documentation of an extraordinary February. For the month, Bitcoin surged $18,972 (45%), surpassing October 2021’s previous monthly record gain ($17,540). Nvidia surged 29%, Meta 29%, Lattice Semiconductor 26%, Coherent Corp 25%, and Applied Materials 23%. The Semiconductors (SOX) returned 11.1%. The Nasdaq…
Bloomberg/Bloomberg via Getty Images Introduction Based on the read count and comments connected to my recent articles reviewing preferred stocks issued by banks, I searched for bank preferred stocks not covered yet. I found two issued by Bank of America (NYSE:BAC) that lacked covered on Seeking Alpha. They are: Bank of America Corporation 5% NCUM…
Dzmitry Dzemidovich Introduction VICI Properties (NYSE:VICI) recently reported their Q4 earnings to close out the year. Despite the challenging economic backdrop, especially for REITs, VICI delivered a strong Q4 and even exceeded my expectations. I’ll actually be traveling to Las Vegas soon, so I felt compelled to give readers an update on my biggest REIT…
Thinkstock This article was coproduced with Leo Nelissen. It’s time to talk about a very important topic: value investing in the oil and gas industry. Generally speaking, we have become much more conservative when it comes to growth versus value investments, as the market has run hot in recent months. Using the JPMorgan (JPM) data…
SolStock In this current environment, it may not dawn on you that some of the more attractive prospects out there could be companies that would be counterintuitive. Furniture and similar goods, for instance, are not exactly the kinds of items that are in high demand when the economy is faced with high interest rates aimed…
Ideal Power Inc. (NASDAQ:IPWR) Q4 2023 Earnings Conference Call February 29, 2024 10:00 AM ET Company Participants Jeff Christensen – IR Dan Brdar – President and CEO Tim Burns – CFO Conference Call Participants David Williams – Benchmark Donovan Schafer – Northland Capital Markets Brian Dobson – Chardan Capital Markets Jeff Grampp – Alliance Global…
rlesyk Introduction All financial data are reported in Canadian dollars unless otherwise stated. Canadian National Railway (NYSE:CNI) has been my top pick among Class 1 railroads and, as such, it makes up around 7% of my portfolio. Major macroeconomic trends make me consider the whole industry as one poised to keep on growing. The need…
PeopleImages If you are a long-term reader of our weekly commentaries and our annual outlooks, you are no doubt familiar with our thoughts about cryptocurrencies. If you are new to our writings, then here is a short summary: at this point in the 16-odd years of this asset class, it exists essentially as speculation for…
JHVEPhoto Hancock Whitney (NASDAQ:HWC) has been a relatively quiet performer since my last update in the summer, with shares of this Southeastern lender underperforming regional bank peers to varying degrees depending on which index you use. Data by YCharts Alongside its peer group, Hancock was staring fund cost headwinds square in the face the last…
tadamichi From geopolitics, uneven inflation and economic uncertainty, there’s much for investors to consider in the current market landscape. Beata Caranci, Chief Economist at TD, addresses some of the key financial questions being asked with MoneyTalk’s Kim Parlee. Kim Parlee: Every quarter, TD Economics gets barraged with questions about what is happening with the economy….
bpost NV/SA (OTCPK:BPOSF) Q4 2023 Earnings Conference Call March 1, 2024 4:00 AM ET Company Participants Chris Peeters – CEO Philippe Dartienne – CFO Conference Call Participants Michiel Declercq – KBC Securities Henk Slotboom – The Idea Marc Zwartsenburg – ING Marco Limite – Barclays Sumit Mehrotra – Societe Generale Operator Good day and welcome…