NOVONIX Ltd. (OTCPK:NVNXF) Q1 2024 Earnings Conference Call April 16, 2024 6:30 PM ET Company Participants Chris Burns – Chief Executive Officer Conference Call Participants Chris Burns Hi, I’m Dr. Chris Burns, CEO of Novonix, and welcome to our First Quarter Activities Report Update. As always, please review the notice and disclaimer when the presentation…
Andrii Yalanskyi REIT Performance In March the REIT sector recovered some of its losses from the first two months of the year, but still closed out Q1 2024 in the red. Equity REITs averaged a +3.26% total return in March and outperformed the broader market. The NASDAQ (+1.8%), Dow Jones Industrial Average (+2.2%) and S&P…
Bartolome Ozonas Investment Thesis B&G Foods, Inc. (NYSE:BGS) has been on a downward trajectory, losing about 64.30% over the last three years and underperforming the S&P 500 by a margin of 85.67%. Seeking Alpha I largely attribute the company’s dismal performance to its poor financial health characterized by net losses and a high debt burden….
SHansche Note: I previously covered FLEX LNG (NYSE:FLNG) in February. I extensively discussed the LNG market and LNG carrier propulsion systems (steamers vs. MEGA/MEGI and X-DF). I reviewed FLNG fleet specifications (age and propulsion), discussed the company’s financials, and estimated its value. FLNG has a top-notch fleet of ships fitted with last-generation engines, while keeping…
M. Suhail/iStock Editorial via Getty Images Founded in 1955, McDonald’s Corporation (NYSE:MCD) is arguably the most famous fast-food restaurant chain in the world. It boasts over 40,000 restaurants globally, which we’ll delve into further later. It enjoys a strong brand image as well as economies of scale, and despite being a mature company known to…
JHVEPhoto/iStock Editorial via Getty Images Overview In an environment of rising costs across the board, people are looking for ways to save money any way that they can. Food continues to be an area where a large portion of Americans continue to feel the impact of the price increases. Wendy’s (NASDAQ:WEN) and other fast food…
FRMO Corporation (OTCPK:FRMO) Q3 2024 Earnings Conference Call April 16, 2024 4:15 PM ET Company Participants Therese Byars – Corporate SecretaryMurray Stahl – Chairman and Chief Executive OfficerSteven Bregman – President and Chief Financial Officer Therese Byars Good afternoon, everyone. This is Therese Byars speaking and I’m the Corporate Secretary of FRMO Corp. Thank you…
hyejin kang Investment thesis My initial bullish thesis about Realty Income (NYSE:O) did not age well as the stock delivered a -7.6% total return since December 2023, notably lagging behind the broader market. Despite a decent latest earnings report, the share price dipped due to ongoing uncertainty surrounding the Fed’s monetary policy, which is weighing…
We Are Investment action I recommended a hold rating for BigCommerce (NASDAQ:BIGC) when I wrote about it the last time, as I was very concerned about weak growth ahead and the uncertainty with the change in sales strategy. Based on my current outlook and analysis, I continue to recommend a hold rating despite the attractive…
PM Images Summary I am recommending a hold rating for The Brink’s Company (NYSE:BCO), as the current share price is not attractive. BCO provides cash and value management (core business), ATM managed services [AMS], and digital retail solutions [DRS]. The core business includes the secure transportation of currency, precious metals, and securities for financial institutions…
AdShooter/E+ via Getty Images Shares of Robert Half (NYSE:RHI) have been a poor performer over the past year, losing 6% even as the broader market has rallied significantly. Since recommending investors sell shares of RHI, the stock has lost 13% while the market has rallied 9%. Shares are also near my $72 price target. Given…
malerapaso Today’s article is supposed to provide an updated analysis of the AdvisorShares Focused Equity ETF (NYSEARCA:CWS), an actively managed vehicle that I previously covered in August 2023. In the review, I would like to pay special attention to the changes its portfolio has undergone since then and how they have impacted the factor story,…
Learning Technologies Group plc (OTCPK:LTTHF) Q4 2023 Results Conference Call April 16, 2024 4:00 AM ET Company Participants Jonathan Satchell – Chief Executive OfficerKath Kearney-Croft – Chief Financial OfficerClaire Walsh – Head, Legal and Company Secretary Conference Call Participants Gareth Davies – Numis Unidentified Company Representative Good morning, ladies and gentlemen, and welcome to the…
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Q1 2024 Earnings Conference Call April 16, 2024 4:30 PM ET Company Participants Nancy Stuebe – Director of Investor RelationsPaul Brody – Chief Financial OfficerMilan Galik – President & Chief Executive OfficerThomas Peterffy – Founder & Chairman Conference Call Participants Craig Siegenthaler – Bank of AmericaBenjamin Budish – BarclaysJames Yaro…
XWELL, Inc. (NASDAQ:XWEL) Q4 2023 Earnings Conference Call April 16, 2024 5:00 PM ET Company Participants Suzanne Scrabis – CFOScott Milford – CEO Operator Hello, and welcome to XWELL’s Fiscal Year 2023 Earnings Results Conference Call. During today’s presentation, all parties will be in a listen-only mode. [Operator Instructions] As a reminder, this conference call…
narvikk Author’s Note This simulation has been done jointly with a U.S. Treasury yield simulation in a way that reflects the correlation among the 12 factors driving yields in each country. For more on the companion U.S. Treasury simulation, please contact the author. Both the Bund and the U.S. Treasury yield simulations impact foreign exchange…
gsheldon/iStock Editorial via Getty Images The hardest decision an investor often has to make involves their best-performing stocks. Finding companies that consistently outperform the S&P 500 (SPY) and the broader indexes is hard, and knowing when the investment is no longer good value is almost always difficult. The Hershey Company (NYSE:HSY) was one of the…
Jeremy Poland Following my articles on Sunnova (NYSE:NOVA) and SunPower (NASDAQ:SPWR), today’s analysis will focus on Sunrun (NASDAQ:NASDAQ:RUN), another company operating in the distributed systems sector. As I have extensively discussed in previous articles, I am particularly bearish about the sector, as it is characterized by companies with high levels of debt, high capital requirements,…
Hispanolistic Introduction Dino Polska S.A. (OTCPK:DNOPY) is a Polish food retailer operating over 2,400 grocery stores around Poland. The company operates in the mid-sized supermarket segment and focuses its growth investments on rural small towns or outskirts of larger cities in Poland. Dino has invested significantly in the growth of its store network and currently…
alubalish/E+ via Getty Images “Looming retirement crisis.” These are the words of the CEO of the world’s largest asset manager, BlackRock, Inc. (BLK). Larry Fink has warned investors of a retirement crisis in the future as pension savings fail to keep up with the ever-increasing longevity, thanks to medical breakthroughs. While increasing longevity is a…
vzphotos Overview AbbVie is a research-based biopharmaceutical company with immunology, oncology, aesthetics, and neuroscience expertise. In immunology, AbbVie is known for one of the most sold drugs of all time, Humira, which has generated gross revenue of $21 billion at the peak year. Pharmaceutical companies are challenging to value because, as in the case of…
Company Name: Azteco Founders: Alexander Fernandez and Paul Ferguson Date Founded: 2014 Location of Headquarters: Santa Monica, CA Amount of Bitcoin in Treasury: Not disclosed Number of Employees: 12 Website: https://azte.co/ Public or Private? Private When Alexander “Akin” Fernandez first conceptualized Azteco over a decade ago, he simply wanted to make bitcoin easier to obtain. He…
numismarty/iStock via Getty Images PM is undervalued The thesis of this article is to explain the risks hidden behind Philip Morris International Inc.’s (NYSE:PM) dividend yield. The chart below summarizes consensus ratings of the stock’s dividend grades and compares them to the sector median. As seen, PM’s dividend yield across all metrics receives an A…
In case you missed it, Bitcoin Season 2 released part of its Spring/Summer collection last week. Amongst other things, Mezo, a “Bitcoin economic layer” came out of stealth with a $21 million fundraising round. Alpen Labs announced a $10.6 million bankroll to bootstrap a Bitcoin-native zero-knowledge infrastructure. Another posse of blockchain designers, including the folks…
janiecbros/E+ via Getty Images Introduction Evolv Technologies Holdings, Inc. (NASDAQ:EVLV), a micro-cap play on AI-based weapon detection, hasn’t done a great deal of good for its long-standing shareholders since it got listed back in July 2021. For context, whilst other micro-caps have managed to generate returns of nearly 29% since EVLV went public, our focus…
In addition to showcasing the world’s most important Bitcoin companies and leaders of today, Bitcoin Asia is also a platform for the next generation of Bitcoin startups to meet, build, and get in front of the community. In support of the upcoming generation of builders, we will be giving a platform for early-stage teams to…
karenfoleyphotography/iStock via Getty Images In 1973, the price of crude oil rose from below $3.00 per barrel to almost $12 per barrel. This quadrupling (+300%) of the crude oil price occurred as a result of the “Arab Oil Embargo.” We believe that events in 2024 could potentially produce an oil price shock of equal or…
tifonimages It’s been a much better Q2 than Q1 for the Gold Miners Index (GDX) with the price of gold successfully breaking out above the $2,070/oz level and providing a substantial lift to margins for the gold mining industry. And one name that will be a significant beneficiary of the recent gold/copper price strength is…
Nishasharp More than 5,000 years ago, before 3,000 BC, the first Egyptian Pharaoh, Menes, made a significant observation. He stated that two and one-half parts silver equals one part gold, thereby establishing the silver-gold ratio. This value metric has been a cornerstone in measuring silver versus gold prices, a key insight that continues to shape…
Luis Alvarez The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate actions on CEFs, such as tender offers. Data is taken from the close of…
From an obscure footnote known to only the more tech-savvy in a much more insular internet, Bitcoin has transformed into an important player in today’s financial landscape. However, while we’re all keenly aware of BTC’s impact on financial markets (a more or less permanent fixture of the news cycle), we often forget to take a…
adventtr Positive news around EHang Holdings Limited (NASDAQ:EH) has continuously emerged in the past 6 months, including its first product’s listing on Taobao, the largest e-commerce platform in China, at a price of RMB 2.4 million (around $330,000), completion of a demo passenger flight in Japan, getting the approval and support from the government in…
Palto/iStock via Getty Images Investment Thesis fuboTV Inc. (NYSE:FUBO) was once a high-flying stock with a massive shareholder following. Today, it’s a shadow of its former self. And even though the stock is down significantly from its all-time highs, I argue that not only is this stock not undervalued, but it’s actually likely to sell…
Tinnakorn Jorruang/iStock via Getty Images Genmab (GMAB) made a very bold move earlier this month by announcing the acquisition of ProfoundBio for $1.8 billion in cash. The future is never certain, but I really like this acquisition and believe it adds an important piece to Genmab’s technology and drug development platform that was missing –…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Western Digital Corp. (NASDAQ:WDC) is scheduled to announce earnings later this month on the 25th of April. In continuity with my recent theme of windows to play on the memory recovery, I think Western Digital should be on investors’ radar for 2024, more particularly ahead of their third…
Blackstation The Franklin FTSE Taiwan ETF (NYSEARCA:FLTW) tracks the FTSE Taiwan Capped Index and offers investors exposure to Taiwanese mid and large-capped equities. The fund offers indirect exposure to technologies that are enabling the ascent of AI. Despite the positive performance, the fund still remains exposed to high levels of geopolitical risk, as China continues…
Jonathan Kitchen I’ve been very vocal about the idea that I suspect we see two rotations this year. The first is out of large into mid and small-cap stocks. The second is out of growth and into value. Large-cap growth has been such an outperformer that mean reversion should, I believe, kick in and cause…
CatEyePerspective Introduction: A biotech stock with a large dividend is pretty uncommon since biotechnology and pharmaceutical companies tend to focus more on reinvestment into pipeline growth rather than shareholder returns. But as a biopharma grows larger and there may be a paucity of potential pipeline or partnership opportunities that may be worth investing in, the…
Skyhobo/iStock Unreleased via Getty Images Alaska Air Group, Inc. (NYSE:ALK), the parent company of Alaska Airlines, Horizon Air, and soon Hawaiian Airlines (HA), is scheduled to report and discuss Q1 earnings on Thursday, April 18. In this seasonally slower quarter, the Seattle-based company is expected to deliver flattish top-line growth with revenues likely to come…
Monty Rakusen By Ewa Manthey Metals prices will rise short-term, but there is a limit No Russian nickel, aluminium and copper produced from 13 April onwards will be eligible for delivery to the LME or the Chicago Mercantile Exchange (CME). The US is also banning Russian imports of all three metals. Russia accounts for about…
vm/E+ via Getty Images The Thesis Packaging Corporation of America (NYSE:PKG) continued its topline contraction as it exited 2023. I am expecting this to continue further for at least the first half of the coming year. However, the company is currently focusing on capacity expansion to meet the growing demand and has also restarted its…
DNY59 The UltraPro Short QQQ (NASDAQ:SQQQ) is an ETF that most investors write off as a speculative, ultra-short-term play due to its aggressive, 3x leveraged bet against tech and/or growth stocks. Not only that, but SQQQ has produced cumulative losses of 66% and more than 99% in the past one and five years, respectively (see…
RobertDupuis/E+ via Getty Images Thesis Geopolitical volatility has been on the rise. The enterprises that thrive in such an environment are the shipping, energy, and defense industries. I have discussed shipping extensively in my articles. Now, it is time to venture into my two favorite industries: energy and defense. Today’s article discusses General Dynamics (NYSE:GD),…
Michael H/DigitalVision via Getty Images What a rollercoaster of a ride in the crypto world. On Friday and Saturday, the total crypto market cap fell close to -18% on geopolitical tensions between Iran and Israel. Excluding Bitcoin (BTC-USD) and Ethereum (ETH-USD), the total crypto market cap fell as much as -25% in these two days…
Hiroshi Watanabe/DigitalVision via Getty Images If we have learned anything from the past year’s market behavior, it is that very few predictions turn out to be helpful. The market goes up when you expect it to go down, and vice versa. But one thing is sure, eventually the market corrects, sometimes dramatically. When it does,…
CJ Rivera/Getty Images Entertainment Over the past 10 years, Colgate-Palmolive (NYSE:CL) drastically underperformed the S&P 500, but its latest dividend increase of 4% could breathe new life into the stock. The company is a Stalwart operating globally in more than 200 countries, everyone knows it and uses its products regularly. As discussed in my previous…
Colin Anderson Productions pty ltd Bonds are dropping on “higher for longer” rate expectations, and I view the dip as a buying opportunity. I am particularly attracted to longer-term bond funds, and the Nuveen Quality Muni Income Fund (NYSE:NAD) caught my eye, not because it has dipped to an attractive buy point; quite the contrary,…
Emerson Automation Solutions office in Calgary, Alberta, Canada JHVEPhoto/iStock Editorial via Getty Images In June 2023, I published my article about Emerson Electric (NYSE:EMR) which was in the restructuring phase at that time. The acquisition of new subsidiaries has largely been completed to date, as confirmed by Emerson’s management. Among the most important changes, it…
MoMo Productions By James Knightley Retail sales beat all expectations US retail sales rose a very robust 0.7% month-on-month in March versus 0.4% expected, with only one forecaster predicting this outcome out of 64 analysts. February’s growth rate was revised up to +0.9% from +0.6% MoM with March strength led by non-store retailers (+2.7% MoM),…
Justin Paget Since my last coverage on Utilities Select Sector SPDR Fund ETF (NYSEARCA:XLU), the fund has remained marginally flat in terms of performance. However, the near-term outlook doesn’t look promising, and with this piece, I’m downgrading the XLU to a Hold rating, in line with a lower upside potential. Last time, I suggested that…