mysondanube Thesis In A Nutshell Starbucks (NASDAQ:SBUX) is set to report earnings for the company’s Q2 2024 quarter on April, 30th, after the market closes; and similar to the Q1 2024, the world’s leading coffee chain is likely to disappoint against consensus estimates. In my opinion, Starbucks has faced a challenging Q1 in 2024, as…
Bosca78 While I never let my personal feelings get in the way of my investment decisions, I do have emotional ties with certain companies. One of those firms happens to be The Timken Company (NYSE:TKR), a business that’s focused on the production and sale of products like engineered bearings and power transmission products. This is…
batuhan toker The ProShares Ultra Bloomberg Natural Gas ETF (NYSEARCA:BOIL) is a leveraged ETF designed to produce twice the daily return of the Bloomberg Natural Gas Subindex. I’ve written about the ProShares Ultra Bloomberg Natural Gas ETF twice in the past year, rating it a Strong Sell late last July in “BOIL: A Deeply Flawed…
Ryan Fletcher/iStock Editorial via Getty Images Textron Inc. (NYSE:TXT) is a conglomerate, leading in defense, aviation, industrial products and more. This company owns several well-known brands such as Bell, and Cessna, which can be seen below. Textron makes everything from planes to golf carts, to helicopters to snowmobiles. I have followed this company off and…
Kobus Louw By Kristin Cejda With a growing deal pipeline, opportunities in investment grade credit are growing. Mergers and acquisitions have been a key theme for investment grade credit thus far in 2024. Companies have mandates to grow, cash to invest, attractive equity valuations to use as currency, and strong balance sheets to use—setting up…
PM Images Overview In an environment of higher interest rates, I believe that Business Development Companies are the right place to be! BDCs are a great way to offset the higher rates with a higher level of dividend income, since they direct profit from debt investments. Higher rates translate to higher interest you can collect…
ismagilov Shares of Loar Holdings (NYSE:LOAR) have been a huge success as the company went public. After shares doubled from the preliminary offering range, already demanding valuations have become outrageously high as investors seem to hope that Loar is becoming a second TransDigm in the making. I am very cautious to get involved here, on…
This article was written by Follow Michael A. Gayed is portfolio manager, and author of five award-winning research papers on market anomalies and investing. He has a BS with a double major in Finance & Management from NYU Stern School of Business, and is a CFA Charterholder. Michael runs the investing group The Lead-Lag Report,…
Stewart Sutton Danaos (NYSE:DAC) is a Greek shipping company with 68 owned and/or operated containerships, mostly transiting goods to Europe, Asia and Australia. I wrote two bullish articles on the company last year (June) (October), starting at a share price of $60. Over the last 10 months, DAC has performed well for shareholders with a…
sommart/iStock via Getty Images Introduction I recently read a blurb in an AAII Journal article that referenced research that Lump Sum (LS) investing is better than Dollar Cost Averaging (DCA). I believe I eventually found the referenced piece published by Vanguard. In the research, the authors state, “Lump-sum investment strategies beat common cost averaging investment…
LD Magnificent 7, is now the Super 6, and on the way to the Fantastic 5, then there were 4 We’ve had a sideways price action for the S&P 500 for months, and the first few weeks of April we slid into a mini-correction. More specifically, according to Gabriella Santos, JPM Asset Management CIO, on…
PeopleImages Introduction One of my most successful investments in recent years is Carlisle Companies (NYSE:CSL), a stock I bought at $211 in May of last year. Since then, shares have appreciated 90%. Including dividends, CSL shares have returned 117% over the past three years, beating the S&P 500 by roughly 90 points. Data by YCharts…
bankerwin Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top-down, providing an overview of the broader market. We also try to add some historical context as well as relevant themes that…
tum3123 Stocks peaked about a month ago. Since late March, the S&P 500 has been down about 3%. Nothing to write home about in terms of a market correction, but it’s generally red across the board. One area that has been a quiet outperformer lately, though, is emerging markets. In a plot twist, EM has…
Tippapatt Introduction & Investment Thesis Doximity (NYSE:DOCS) is a cloud platform for US medical professionals that has severely underperformed the S&P 500 and Nasdaq 100 YTD. I initiated a “hold” rating on the stock on January 16, and it predicated on my belief that the company was seeing its revenue growth slow, despite displaying financial…
CHUNYIP WONG/iStock via Getty Images Introduction After discussing Warehouses De Pauw (OTCPK:WDPSF) here on Seeking Alpha, I wanted to have a closer look at other European REITs that are flying under the radar. Montea Comm. VA (OTCPK:MONSF) also is a Belgian REIT focusing on warehouse and logistics properties, which are predominantly located in Belgium and…
zhnger iShares MSCI France ETF (NYSEARCA:EWQ) is a popular way for investors to own some of the leading companies in France and get diversification and liquidity at the same time. This ETF has about $638 million in assets, and it has an expense ratio of 0.50%. It holds about 63 positions and has an SEC…
Userba011d64_201 In September 2023, I circulated an article on the Global X Russell 2000 Covered Call ETF (NYSEARCA:RYLD), which applies a covered call strategy against Russell 2000 Index by going long Vanguard Russell 2000 ETF (VTWO) and writing covered calls against the index – VTWO. The thesis was simple and bearish, as the underlying exposure…
pidjoe Thesis The iron boot of the Fed has dropped on dividend-paying companies, with interest rates hitting REITs and mREITs especially hard. Hannon Armstrong Sustainable Infrastructure Capital (NYSE:HASI) has been beaten down especially hard and now yields above 6%. However, the dividend is secure and growing steadily, supported by growing cash flows and operational resilience,…
sankai By Brian Angerame, Jeffrey Bailin, CFA, Aram Green & Matthew Lilling, CFA SMID Playing Catch Up in Growth Rally Market Overview Equity markets rallied in the first quarter as resilient corporate earnings, continued enthusiasm over artificial intelligence (‘AI’) and the prospect of interest rate cuts spurred performance that surprised even the most optimistic investors….
Galeanu Mihai Meta Platforms (NASDAQ:META) slumped following a Q1’24 earnings report where the company projected a new round of spending on AI. The stock rebounded off the 2022 lows below $100 due in part to controlling spending and ushering in a year of efficiency. My investment thesis is Bullish on the stock following this dip,…
FeelPic By Grace Su & Jean Yu, CFA, PhD Improvers Outpace Broader Value Gains Market Overview Global markets generated positive returns in the first quarter driven by optimism over an economic soft landing, improving economic data, the prospect of rate cuts in the U.S. and Europe and structural economic and corporate reforms in Japan. The…
Tsuji On our last coverage of Altria Group, Inc. (NYSE:MO) we pointed out the bull case was being undermined by a bunch of quitters. Investors were too drunk on the dividend hike to care, and the stock glided higher. Seeking Alpha Q1-2024 results came out and gave everyone another opportunity to focus on the facts….
Justin Sullivan They say in thirty years, a burger and fries could cost $16, a vacation $12,400, and a basic car $65,000… No problem. You’ll eat in. You won’t drive. And you won’t go anywhere. TIAA-CREF advertisement (placed in The New Yorker in 1994). Since the Fed began raising interest rates in 2022, traders have…
monsitj Investment Thesis Fortive Corporation (NYSE:FTV) should continue to deliver good revenue and margin growth moving forward. The company’s revenue growth should benefit from continued strength in its Intelligent Operating Solutions and Advanced Healthcare Solutions segments. While the Precision Technologies segment has seen some weakness over the last few quarters, some green shoots like stabilizing…
stockcam Amid deep market volatility this year, few companies have elected to go public, and fewer still have turned out to be success stories. Still – investors that are willing to be patient and time their purchases correctly can have the opportunity to earn outsized gains. Reddit (NYSE:RDDT) is an incredibly interesting new IPO. The…
cemagraphics Last weekend’s article was titled “Capitulation” and speculated that the S&P500 (SPY) had made a short-term bottom at the futures low of 4924. It concluded, “5048-5050 is the initial target, but should eventually break for 5108.” That largely played out as the high of the week came in at 5114. However, this was likely…
Richard Drury I last covered the Avantis U.S. Large Cap Value ETF (NYSEARCA: AVLV) in early 2023. In that article, I argued that AVLV’s diversified holdings, cheap valuation, and good performance track-record, made the fund a buy. AVLV has marginally outperformed the S&P 500 since, slightly underperforming my expectations. AVLV Previous Article I remain bullish…
dnaveh/iStock Editorial via Getty Images Since the last time I wrote about the skateboarding shoe brand Vans’ owner V.F. Corporation (NYSE:VFC) in January, its price is down by 21%. Even then, the company’s weakening fundamentals inspired little faith in the stock, prompting a Hold rating. But changes in leadership and a restructuring plan called Project…
martin-dm/E+ via Getty Images Investment Thesis I believe PayPal’s (NASDAQ:PYPL) conservative reset of expectations for this quarter (via the guidance they gave last quarter) sets the company up for a strong buy despite recent underwhelming quarters. The fintech’s upcoming earnings announcement has set expectations at a consensus EPS estimate at $1.22, up 4.31% YoY. Revenue…
Photon-Photos/iStock via Getty Images The Q1 Earnings Season for the Gold Miners Index (GDX) began last week and the market has embraced the margin recovery with strong reactions out of two of the top three gold producers. Meanwhile, the Australian producers are busy reporting their calendar year Q1 (fiscal Q3 2024) results and the most…
RiverNorthPhotography Listen below or on the go on Apple Podcasts and Spotify Traders will be looking for any hints to the timing of rate cuts. (0:17) Apple and Amazon lead the earnings parade. (2:06) Elon Musk makes surprise visit to China. (4:12) The following is an abridge transcript: It’s a big week on the economic…
Sakorn Sukkasemsakorn/iStock via Getty Images Investing Environment US equity markets reached new all-time highs in Q1 supported by a resilient US economy, a general trend of disinflation and an acceleration in corporate profits growth. Given mostly benign economic data offering little indication that a recession is near, interest rate markets pared back the number of…
sankai Is There Wealth Creation Outside of the US? It appears the Magnificent Seven has supplanted FAANG stocks as the poster child for investing in US equities. Investors can be forgiven for increasingly ignoring international markets given the continuing outperformance of the US market. Just when the US market seemed to be running out of…
Marko Hannula/iStock Editorial via Getty Images Dear readers/followers, In this article, I mean to provide you with an update on Skanska (OTCPK:SKSBF) (OTCPK:SKBSY). My last update on the ticker in question was back in early December of last year, and I shifted my rating to “HOLD” at that time, from a “BUY”. In this article,…
JHVEPhoto In my February 2024 NIO article, I reminded NIO Inc. (NYSE:NIO) investors holding on to their NIO shares that they were prolonging their pain in the battered pure-play Chinese premium EV maker. I urged investors to avoid catching NIO’s falling knife, as the lack of a hybrid strategy could lead to a moment of…
Trygve Finkelsen/iStock Editorial via Getty Images Co-authored by Treading Softly. Lifebuoys are often overlooked on watercraft such as boats, yachts, or cruise ships. However, these lifebuoys and the buoyant heaving lines they are attached to can be crucial in the event of an emergency. Even if you don’t think you’ll ever need it, it’s important…
Dragon Claws The stock of Blackstone Mortgage Trust, Inc. (NYSE:BXMT) did not react well to the mortgage trust’s first quarter earnings in which the company showed that it swung to a net loss amid loan problems in the office category: BXMT declined 4.6% on Thursday and may see additional selling pressure in the short term….
Nenad Stojnev /E+ via Getty Images Investment Thesis M/I Homes (MHO) is a cheaply valued company with a solid financial foundation and a proven track record of growth. Its customer-centric business offers sustainable housing that is growing in demand. Therefore, it is an excellent candidate to buy and hold for the long term. The House…
stockcam Since 2022, the IPO market has cooled dramatically in both the number of IPOs and with poor performing following. One potential exception may be Reddit’s (NYSE:RDDT) recent public offering, which had notable volatility, with the stock between the $40 and $70 range. Arguably, Reddit’s IPO is late, and the company may have seen better…
Chip Somodevilla/Getty Images News For weeks, stock markets anticipated that inflation rates were too strong to expect interest rate cuts anytime soon. This view is a sharp reversal from late 2023 when investors expected several interest rate cuts throughout 2024. From April 30, 2024, to May 1, 2024, the Federal Reserve will host its next…
traveler1116/iStock Unreleased via Getty Images Summary Churchill Downs (NASDAQ:CHDN), owner of the iconic Kentucky Derby, is a diversified gaming operator with a strong historical record. Over the past 3 years, the stock has consolidated while revenue and net income has grown. This has presented investors with a great opportunity to purchase a long-term compounder at…
tobiasjo/iStock via Getty Images Elevator Pitch CapitaLand Ascendas REIT (OTCPK:ACDSF) [A17U:SP] is rated as a Hold. My earlier November 28, 2023 update touched on the divergence in the performance of CapitaLand Ascendas REIT’s different assets and the REIT’s inorganic growth strategy. In this latest write-up, I draw attention to ACDSF’s Q1 2024 business update, and…
A restaurant waitress serves guests. alvarez/E+ via Getty Images Hard truths. Some people avoid them. Some people find liberation in them. I tend to fit in the latter group. One of the tougher truths of life that applies to personal finances is as follows: As long as there is life, bills tend to follow not…
Bet_Noire The hawkish pivot The Fed Chair Powell signaled that the Fed is making a hawkish turn when he spoke on April 16th. Specifically, Powell said: Right now, given the strength of the labor market and progress on inflation so far, it’s appropriate to allow restrictive policy further time to work and let the data…
imaginima On Friday, April 26, 2024, oil and gas supermajor Exxon Mobil Corporation (NYSE:XOM) announced its first quarter 2024 earnings results. At first glance, these results were somewhat mixed. The company did manage to beat the expectations of its analysts in terms of revenue, but unfortunately, it missed their earnings expectations. For its part, the…
Sean Anthony Eddy/E+ via Getty Images Roche (OTCQX:RHHBY)(OTCQX:RHHBF)(OTCPK:RHHVF) still has good long-term prospects since the last time I wrote an article about it. This was with respect to an article entitled “Roche, With Ocrevus And Fenebrutinib Advancement, Should Be Top MS Contender”. In this article, I noted that this company had good long-term value with…
tadamichi Late December last year, I issued my first article on Trinity Capital Inc. (NASDAQ:TRIN), which focuses on providing debt and equipment financing to growth stage and smaller size companies. In terms of the typical investments, which TRIN offers to these companies, there is nothing extraordinary as the lion’s share of the portfolio consists of…
tazytaz/E+ via Getty Images Today, we are going to do something different to close out another trading week. In this column, I highlight three biotech stocks with favorable risk/reward profiles and that are trading for under ten bucks a share. Let’s start with ADMA Biologics, Inc. (ADMA). This company is focused on manufacturing specialty plasma-derived…
Prostock-Studio PDO CEF’s 12% dividend yield The PIMCO Dynamic Income Opportunities Fund (NYSE:PDO) is a relatively new addition to the PIMCO fund family. I’ve written two articles in the past to introduce this new member. In this article, I want to draw your attention to the first one I wrote back in May 2023 (see…