Lock Stock/DigitalVision via Getty Images Destination XL (NASDAQ:DXLG) is an apparel retailer serving the big and tall men’s market. I commended the company’s characteristics, strategy, and management in a recent article. I issued a Hold rating on macroeconomic uncertainty and a fair but not opportunistic price back then. After releasing Q4 results, DXLG’s stock suffered…
LoveTheWind The February PCE report throws the whole disinflationary narrative out the window. The report reveals troubling trends that are now developing within goods. With service inflation remaining sticky and a rebound in goods inflation, mainly driven by energy prices, returning to a 2% inflation target will be more complex than thought. This is why…
silvermanmediaservices/iStock via Getty Images I came across Easterly Government Properties, Inc. (NYSE:DEA) while screening for high-yielding investments. DEA has many positive investment attributes such as stable, long-term tenants from the U.S. government and attractive valuations at just 10.0x Fwd P/FFO. However, my main concern is that in the past few years, costs have been rising…
Daniel Grizelj Investment Thesis Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) deserves a buy rating among international dividend funds based on multiple attractive qualities. First, VYMI offers investors vast international diversification with over 1,000 holdings and a relatively low expense ratio. Second, VYMI provides a solid dividend yield while having greater dividend sustainability than other…
artisteer As gold prices consolidate near highs, gold miner stocks continue to underperform relative to the price of the precious metal. Against such background, iShares MSCI Global Gold Miners ETF (NASDAQ:RING) offers an attractive option to invest in a variety of gold miners that may finally start catching up with gold. I give the RING…
Hispanolistic Introduction The gig economy is experiencing explosive growth, and Payfare (TSX:PAY:CA) is at the forefront, providing financial solutions tailored explicitly to gig workers. Their innovative Earned Wage Access platform tackles a significant pain point for this workforce by offering immediate access to earned income, improving financial well-being, and eliminating reliance on predatory payday loans….
Today, one of the largest Bitcoin mining rig manufacturers, Bitmain, announced the launch of the Antminer S21 Pro at the Global Digital Mining Summit (WDMS) 2024, an event the company hosts. 💥ANTMINER S21 Pro Newly Launched❗️234T ❗️15.0J/T📈Create a New Level of Hashrate pic.twitter.com/wZyUv7pbOQ — BITMAIN (@BITMAINtech) March 29, 2024 The new device, an improvement upon…
Richard Darko/iStock via Getty Images Introduction Many may be wondering how well BDCs will fare in 2024, with rates still expected to decline. I am a big believer in the sector and think they are more than just high interest rate environment investments. With the banking crisis roughly a year ago causing tighter lending standards,…
wakila A Hold Rating for the Stock of Vizsla Silver Corp. This analysis now gives a “Hold” recommendation rating on Vizsla Silver Corp. (NYSE:VZLA) (TSXV:VZLA:CA) shares — a silver/gold explorer with operations on the Panuco property and the La Garra-Metates District in southern Sinaloa, Mexico — a change from the previous rating of “Buy”. Previous…
Drew Angerer Never trust a fat banker or a skinny cook. -French proverb. This week, a New York federal court sentenced disgraced crypto mogul Sam Bankman-Fried to 25 years in prison for his role in one of the largest frauds in U.S. financial history. Bankman-Fried co-founded FTX (FTT-USD), a now-defunct cryptocurrency exchange and hedge fund….
inTEST Corporation (NYSE:INTT) Q4 2023 Results Conference Call March 28, 2024 8:30 AM ET Company Participants Deborah Pawlowski – Investor RelationsNick Grant – President & Chief Executive OfficerDuncan Gilmour – Chief Financial Officer & Treasurer Conference Call Participants Jaeson Schmidt – Lake StreetTed Jackson – Northland Securities Operator Greetings. Welcome to inTEST Corporation Fourth Quarter…
Logan Ridge Finance Corporation (NASDAQ:LRFC) Q4 2023 Results Conference Call March 28, 2024 10:00 AM ET Company Participants Ted Goldthorpe – Chief Executive Officer, President & DirectorPatrick Schafer – Chief Investment OfficerBrandon Satoren – Chief Accounting Officer Conference Call Participants Christopher Nolan – Ladenburg ThalmannSteven Martin – Slater Capital Operator Good morning, and welcome to…
Some Nigerians were shocked when crypto exchange Binance announced they would discontinue all services in Nigeria by March 8. Despite facing scrutiny from regulators before the announcement, many people still asked how the biggest exchange in crypto could just disappear from the world’s fastest growing market for Bitcoin adoption. I wasn’t shocked because I’ve been…
Michael M. Santiago Thesis In my previous article (released in Q3 2023, which were released on October 13) that covered JPMorgan Chase & Co. (NYSE:JPM), I assigned a strong buy rating citing that its estimated fair price was around $314.74, an 85% upside from the stock price at the time of $170.1. The stock price…
Sky Harbour Group Corporation (NYSE:SKYH) Q4 2023 Earnings Conference Call March 27, 2024 5:00 PM ET Company Participants Francisco Gonzalez – Chief Financial OfficerTal Keinan – CEO and ChairmanMike Schmitt – Chief Accounting OfficerTim Herr – TreasurerTori Petro – Accounting ManagerWill Whitesell – COO Operator Good afternoon. My name is Krista, and I’ll be your…
KanawatTH Investment Thesis After robust performance through FY23 and into FY24, global markets led by the U.S. have delivered substantial gains for investors since the markets bottomed in late 2022. Interest rate hikes in most developed countries are on hold as the reserve banks of sovereign nations assess the growth outlook of their countries versus…
The exterior of a TD Bank building. Marvin Samuel Tolentino Pineda/iStock Editorial via Getty Images All else equal, I especially prefer to invest in businesses with demonstrable track records as dividend payers. The longer the dividend-paying streak that a company possesses, the more it catches my attention. In my opinion, there is no greater commitment…
pcess609/iStock via Getty Images The Bureau of Economic Analysis (BEA), has just released its estimate for February 2024 US Personal Consumption Expenditures (PCE). Also known as “Personal Spending,” PCE directly accounts for over 60% of total US Gross Domestic Product (GDP), marking it a crucial indicator for assessing changing rates of expansion, contraction, and momentum…
A U.K. judge ordered to freeze $7.6 million (£6 million ) worth of Craig Wright’s assets worldwide after finding that he falsely claimed to be Satoshi Nakamoto, the pseudonymous inventor of Bitcoin. The order comes after Wright’s decisive loss in a landmark lawsuit against the Crypto Open Patent Alliance (COPA). Earlier in March, Judge James…
felixmizioznikov Oxford Industries (NYSE:OXM) owns and manages the brands Tommy Bahama, Lilly Pulitzer, Johnny Was, and others. The company has managed a successful brand acquisition strategy since 2003. It has shown that it can grow acquired brands profitably in the US. On top of that, it has other quality characteristics like a long-standing management team,…
Erasca, Inc. (NASDAQ:ERAS) R&D Update Call and Q4 2023 Earnings Conference Call March 28, 2024 8:30 AM ET Company Participants Jonathan Lim – Chairman, CEO & Co-founderShannon Morris – Chief Medical OfficerDavid Chacko – CFO & Chief Business Officer Conference Call Participants Anupam Rama – JP MorganMichael Riad – Morgan StanleyAlec Stranahan – Bank of…
When it comes to self custodying your bitcoin, there is one inescapable fact: the buck stops with you. You are responsible for your own funds, you are responsible for keeping them safe, you are responsible for everything. This can be a daunting prospect, but there are ways to approach self-custody simply. Securing your Bitcoin can…
OceanFishing/iStock via Getty Images Introduction Shares of The Home Depot, Inc. (NYSE:HD) – the world’s largest home improvement retailer by net sales – have been on a spectacular bull run since bottoming in October 2023. I cover the company more or less regularly here on Seeking Alpha, most recently in November when I wrote my…
Metalpha Technology Holding Limited (NASDAQ: MATH) provides qualified investors and institutions with boutique crypto wealth management services, as a rising star in Asia akin to MicroStrategy (MSTR). CEO Adrian Wang founded the company on a mission to build a sustainable crypto ecosystem with effective hedging solutions in an industry known for its boom and bust…
William_Potter IRM’s Growth Catalysts My last article gave Iron Mountain (NYSE:IRM) a sell rating, and the goal of this article is to upgrade the rating to hold. The key reason for the upgrade is the next growth catalysts that have developed since then. IRM has enjoyed robust earnings growth in recent years as seen in…
Dennis Garrels Tucked away on the pink sheets with pretty thin trading volume, life can often move quite slowly for the shares of Farmers & Merchants Bancorp (OTCQX:FMCB). Indeed, just as this California-based lender avoided the sell-off that hit other regional banks in the early part of 2023, it also missed out on the end-of-year…
Jonathan Knowles/DigitalVision via Getty Images The CELH Long-Term Investment Thesis Is Highly Promising, Though Overly Inflated Here Celsius Holdings (NASDAQ:CELH) could be the next big thing in the global energy drink market, attributed to its impressive share gains against incumbents such as Monster Beverage Corporation (MNST) and privately owned Red Bull GmbH. Market share of…
Vertigo3d Getting Back To Normal Target Corporation (NYSE:TGT) was a big winner in 2020 and 2021. The store chain did an excellent job adapting to changing customer behavior during the pandemic years, leveraging its stores to fulfill growing online orders by expanding drive-up and same-day delivery options. They also had an advantaged product mix, with…
MarsBars Investing doesn’t have to be a popularity contest, and in reality, buying quality names that are temporarily beaten down in price can produce terrific results, especially if they pay a high dividend yield. Such may be the case these days with REITs and income stocks in general, which continue to trade near their 52-week…
Justin Sullivan March 28th ended up being a really interesting day for shareholders of home improvement retailer The Home Depot (NYSE:HD). After the market closed, the management team at the business announced a massive acquisition. According to the press release issued regarding the deal, the company has agreed to acquire SRS Distribution, a privately owned…
Olena_T Approaching 2024, I have assigned Citigroup (NYSE:C) a “Strong Buy” rating, arguing that the bank’s stock is on the brink of appreciable valuation growth due to several key factors: The bank has lately been making good progress in restructuring its operations, setting up for an expanding cost-to-income ratio going into 2024 and beyond. Moreover,…
jetcityimage The stock market doesn’t work the way it used to, and 3M Company (NYSE:MMM) is my latest evidence. It is also why, as the title of this article states, I firmly believe that rating a stock buy, sell or hold, while helpful in some ways, is easily misinterpreted. Back when I was an investment…
mouu007 Warren Buffett once said: Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble. Right now, numerous high yield dividend stocks (SPYD) presents investors with such an opportunity. In this article, we will discuss why and share some of our top picks of the moment. Why High Yield Dividend Stocks…
Yuichi Yamazaki Elevator Pitch Fanuc Corporation (OTCPK:FANUY) (OTCPK:FANUF) [6954:JP] is rated as a Hold. Previously, I wrote about Fanuc Corporation’s shareholder capital return moves and the company’s short term headwinds in my January 9, 2024 article. This latest update focuses on FANUY’s prospects for the near term and long run. On one hand, I have…
Hispanolistic Banks are having profit problems. Corporate pre-tax profits in all non-financial domestic industries combined – this excludes our suffering banks and other financial companies – jumped by 5.6% in Q4 from Q3, and by 10.7% year-over-year to a record seasonally adjusted annual rate of $2.69 trillion, according to data by the Bureau of Economic…
Userba011d64_201 As buying low and selling high is the well-known and fundamental principle of investing, I believe, less-known lower middle-market lender Monroe Capital (NASDAQ:MRCC), could be one of the options that perfectly fits on principle. Its stock price lost nearly 27% in value in the past three years due to temporary setbacks, such as a…
maroke By Min Joo Kang Tokyo consumer prices unexpectedly rose 2.6% YoY in March A leading indicator of nationwide consumer prices, Tokyo consumer prices rebounded to 2.6% year-on-year in March (vs a revised 2.5% in February, 2.5% market consensus). Core inflation excluding fresh food, a preferred measure for the BoJ, eased to 2.4% (vs 2.5%…
Monty Rakusen/DigitalVision via Getty Images Thungela Resources Limited (OTCPK:TNGRF) is a South African coal mining company with an alternative listing in the United States. We’ve covered the stock extensively over the past few years, delivering opinions on its prospects throughout the economic cycle. Today’s article provides an updated outlook on Thungela’s prospects. We last covered…
da-kuk A few weeks ago, we used this space to write about China and India, the two largest countries in the world by population that both figure prominently into the global economy. If you recall from our commentary that week, India’s stock market has been going gangbusters while China’s has brought nothing but disappointment to…
Andrii Dodonov By Tracy Chen, CFA, CAIA Convexity, which measures interest rate sensitivity and drives the risk and return profiles of fixed income products, is an important concept that investors can utilize to boost total return and manage risk. It can be particularly important and may increase sharply during periods in which interest rates move…
wavemovies Introduction & Investment Thesis I initiated a Buy rating on Wix (NASDAQ:WIX) on February 16. My bull thesis was predicated on my belief that the company continues to drive strategic growth in its Partners business by launching Wix Studio, as well as rapidly innovating on its AI product offerings while expanding profitability. Since then,…
cmannphoto We’re reviewing Mid-America Apartment Communities (NYSE:MAA) Q4 2023 earnings with a potential investment in mind, but we’re cautious given the current economic landscape. We find the current valuation attractive already but would like to see another dip before initiating a position. We anticipate MAA facing tougher challenges compared to other housing REITs due to…
NaaS Technology, Inc. (NASDAQ:NAAS) Q4 2023 Earnings Conference Call March 28, 2024 7:00 AM ET Company Participants John Wang – Director, IRCathy Wang Yang – CEOWu Ye – Chief Strategy OfficerAlex Wu – CFO Conference Call Participants Kelly Zou – JefferiesWei Xiong – UBSEugene Hsiao – Macquarie CapitalYiran Liu – HSBCEthan Zhang – Nomura Operator…
JasonDoiy/iStock via Getty Images By Arthur Jones, Senior Director, Global Research and Strategy The U.S. multifamily housing sector faces challenges from both overdevelopment and capital market pressures, with ongoing issues anticipated through 2025. However, solid macroeconomic fundamentals and sustained demand, particularly from younger generations favoring rentals, offer potential opportunities in the medium term for well-capitalized…
AndreyPopov Introduction Rollins, Inc. (NYSE:ROL) sells pest control products and services to commercial and residential customers. The pest control market is surprisingly profitable and growing market, with the industry set to grow well-above GDP for the next decade. Benefitting from long-term tailwinds as well as a fragmented market, Rollins has emerged as a market leader…
Reed’s, Inc. (OTCQX:REED) Q4 2023 Earnings Conference Call March 28, 2024 5:00 PM ET Company Participants Joann Tinnelly – CFONorman Snyder – CEO Conference Call Participants Sean McGowan – ROTH MKM Operator Good afternoon. and welcome to Reed’s Fourth Quarter and Full Year 2023 Earnings Conference Call for the Three and 12 months ended December…
IR_Stone Elevator Pitch I rate VNET Group, Inc. (NASDAQ:VNET) shares as a Hold. My prior article written on November 16, 2023 reviewed VNET’s results for the third quarter of the previous year. This update evaluates the company’s Q4 2023 financial performance, its refinancing risk, and fiscal 2024 guidance. VNET’s EBITDA grew at a slower pace…
Dyadic International, Inc. (NASDAQ:DYAI) Q4 2023 Earnings Conference Call March 28, 2024 5:00 PM ET Company Participants Mark Emalfarb – President, Chief Executive OfficerPing Rawson – Chief Financial OfficerJoseph Hazelton – Chief Operating Officer Conference Call Participants John Vandermosten – Zacks Operator Good evening, and welcome to the Dyadic International’s Fiscal Year 2023 Year-end Conference…
Universal Stainless & Alloy Products, Inc. (NASDAQ:USAP) Q4 2023 Earnings Conference Call March 28, 2024 10:00 AM ET Company Participants June Filingeri – President-Comm-Partners LLCChris Zimmer – President & Chief Executive OfficerSteve DiTommaso – Vice President & Chief Financial Officer Conference Call Participants Phil Gibbs – KeyBanc Capital Markets Operator Good day and thank you…
Michael M. Santiago Introduction Recently, I have been writing a lot about macroeconomics. This has always been an area of study for me, but shifting my attention away from exchange-traded products (“ETP/s”) has changed my outlook on products I have previously recommended, like the iShares 0-3 Month Treasury Bond ETF (NYSEARCA:SGOV). For those who are…