Mlenny Written by Nick Ackerman, co-produced by Stanford Chemist. I regularly cover John Hancock Tax-Advantaged Dividend Income Fund (HTD) as a solid fund for long-term investors. However, when discussing HTD, getting questions on John Hancock Premium Dividend Fund (NYSE:PDT) is inevitable. These funds are fairly similar as they both take an approach of investing primarily…
Footnotes 1Source: Bloomberg, FTSE Russell; data as of June 30, 2023. 2Source: Federal Reserve Bank of St. Louis; data as of June 30, 2023. 3Source: Reuters; data as of July 4, 2023. 4Source: World Gold Council; data as of July 5, 2023. * Performance for Class A shares without the effect of sales charges and…
Wirestock/iStock Editorial via Getty Images Kering (OTCPK:PPRUF) (OTCPK:PPRUY) announced its H1-23 results, reporting an underwhelming 2% growth Y/Y, an operating margin decrease, and close to zero free cash flow. The luxury group continues to lag behind industry leaders in LVMH (OTCPK:LVMHF) and Hermès (OTCPK:HESAF), with no clear sign of change approaching, but the management transformation…
Evolution Mining Ltd (OTCPK:CAHPF) Q4 2023 Earnings Conference Call August 16, 2023 9:00 PM ET Company Participants Peter O’Connor – General Manager & IR Jake Klein – Executive Chair Lawrie Conway – CEO, MD & Director Barrie Van Der Merwe – CFO Glen Masterman – VP, Discovery Conference Call Participants Hugo Nicolaci – Goldman Sachs…
Navigator Holdings Ltd. (NYSE:NVGS) Q2 2023 Earnings Conference Call August 17, 2023 10:00 AM ET Company Participants Randy Giveans – EVP, IR and Business Development Mads Peter Zacho – CEO Oeyvind Lindeman – Chief Commercial Officer Conference Call Participants Ben Nolan – Stifel Omar Nokta – Jefferies Operator You have joined the meeting as an…
Heidi Patricola/iStock via Getty Images Eggs are an essential part of every economy. It’s an essential part of people’s diet, in both good times and bad. During good times, we think of cakes, croissants, and rich eggy foods. In times of hardship – boiled, scrambled, or an addition to instant noodles. The price of eggs…
Birkus-Viktor/iStock via Getty Images Introduction Surge Energy (TSX:SGY:CA) (OTCPK:ZPTAF) is a small Canadian oil and gas producer with exposure to the narrowing WCS differential. This already boosted the company’s cash flow results in the second quarter of this year but the impact should be more pronounced in the current quarter thanks to the combination of…
cemagraphics The S&P 500 (SPY) accelerated lower this week, breaking potential supports along the way and undoing all of July’s gains. Admittedly, my 4448-4458 target for this pullback was off the mark. However, as I’ve mentioned before, levels on a chart are only one part of technical analysis; evaluating and reacting to price action is…
Singapore Exchange Ltd (OTCPK:SPXCF) Q4 2023 Earnings Conference Call August 16, 2023 9:00 PM ET Company Participants Dominic Lim – Head, IR Ng Yao Loong – CFO Loh Boon Chye – CEO Conference Call Participants Jayden Vantarakis – Macquarie Capital Securities Tan Yong Hong – Citi Thilan Wickramasinghe – Maybank Harsh Modi – JPMorgan Gurpreet…
Bytmonas/iStock via Getty Images The headline figures for AMMO’s (NASDAQ:POWW) first quarter 2024 results looked pretty bad. AMMO saw a massive YoY drop in revenue from $60.8 million in the prior quarter to $34.3 million in the current quarter. Just taking this at face value may lead one to think that the company is in…
AsianDream Investors with a longer-term horizon will still find a lot to like with the Indonesian growth story. But selecting the right investment vehicle to ride the near-term shifts is key, and, in this regard, the iShares MSCI Indonesia ETF (NYSEARCA:EIDO) doesn’t screen as attractively here. To be clear, there are push-pull factors – on…
Sergey_P Listen below or on the go on Apple Podcasts and Spotify Steven Cress, head of Quantitative Strategy at Seeking Alpha, joins Kim Khan to discuss the current stock market landscape and how it’s shifted from the 1st half surge (0:25). Market rotation and more breadth – are we in a stock picking environment? Quant…
Extreme Media If a company gambles on leverage, it’ll probably go bankrupt on leverage. – Hendrith Vanlon Smith Jr. The Direxion Daily S&P Biotech Bull 3x Shares ETF (NYSEARCA:LABU) is a 3x leveraged ETF that strives to yield a daily return three times the performance of the S&P Biotechnology Select Industry Index. It pursues this…
Aziyo Biologics, Inc. (NASDAQ:AZYO) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Matt Steinberg – FINN Partners Randy Mills – President and Chief Executive Officer Matthew Ferguson – Chief Financial Officer Conference Call Participants Ross Osborn – Cantor Fitzgerald Operator Good day, ladies and gentlemen. Welcome to the Aziyo Biologics’…
Riska Back in November we highlighted The Buckle (NYSE:BKE) for a trade which remains a specialty retailer that we have liked and traded in the past. For that trade, we had a target profit exit of $45. That was hit in January of this year. Since then the stock gave back about 1/3 of its…
Nikada Global Income Builder Fund Market Overview The rebound of beleaguered technology stocks— which were among the hardest hit during last year’s equity market selloff—continued to make headlines during second quarter 2023. Enamored with the potential of generative artificial intelligence (AI), investors focused their buying attention primarily on a narrow cohort of megacap growth companies…
shapecharge/E+ via Getty Images Co-authored with “Hidden Opportunities.” Growing up comes with responsibilities. As children, we are often shielded from life’s harsh realities and expectations, as parents do their best to provide an affordable yet comfortable upbringing. But as we grow up, we inherit responsibilities in small increments until – suddenly – everything is ours…
Andrzej Rostek Investment Summary Orion S.A. (NYSE:OEC) has made a name for itself as a manufacturer and seller of carbon black products. The operations span across the world and this has made OEC able to establish a solid customer base from which it can rely on and deliver strong earnings growth to investors. In the…
Yuri_Arcurs/E+ via Getty Images Investment Rundown The buildout of the fiber network and high-speed internet access is starting to unravel in the US. Here, Cogent Communications Holdings, Inc. (NASDAQ:CCOI) has had its operations dating back to 1999. Valuation for the business has grown impressive and now sits above $3.29 billion. Where CCOI has set itself…
coward_lion/iStock Editorial via Getty Images Investment thesis We reiterate our neutral rating on Ricoh Company, Ltd.’s (OTCPK:RICOF, OTCPK:RICOY) shares. Management is navigating a steady course for the business as it continues to transform into a digital services business, but the low-return profile looks set to remain. Despite trading on PBR 0.7x, we believe the shares…
PM Images Introduction The Dividend Champions list is a monthly compilation of companies which have consistently increased their annual dividend payouts. However, since this list is only produced once per month, the data in it can quickly get out of date. Furthermore, with over 700 companies on the list, the sheer amount of data can…
da-kuk Global Fund Market Overview Market Summary 2nd Quarter 2023 MSCI World Index +6.83% S&P 500 Index (SP500, SPX) +8.74% German DAX Index (DAX:IND) +3.32% French CAC 40 Index (CAC:IND) +3.54% Nikkei 225 Index (NKY:IND) +18.54% Brent Crude Oil -6.11% ( $74.90 a barrel ) Gold (XAUUSD:CUR) -2.54% ( $1,919.35 an ounce ) US Dollar…
Drew Angerer/Getty Images News The streak of negative 2-year/10-year Treasury spreads has now reached 282 trading days, 4 trading days longer than the third longest streak since 1976. The probability that the inverted yield curve ends by February 16, 2024 is now 13.1% compared to 10.4% last week. As explained in Prof. Robert Jarrow’s book…
Keith Lance/E+ via Getty Images There is a French expression marcher sur la tête which roughly translates to it’s as logical as walking on the head. It in many ways encapsulates the current period of the US capital markets with REITs currently selling off because of healthy employment figures, strong retail sales, and resilient GDP…
BalkansCat The Estée Lauder Companies Inc. (NYSE:EL) manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. We have started coverage on the company in February this year, with an initial hold rating. The primary reasons for our neutral outlook have been the: softer demand for EL’s products – reflected in the…
gerenme/iStock via Getty Images Wolfspeed (NYSE:WOLF) is forming a tradition of collapsing following quarterly earnings. The semiconductor company is busy building silicon carbide and related device facilities to meet surging EV and renewable energy demand, but the technology isn’t simple to implement. My investment thesis remains Bullish on the stock due to huge design-in wins,…
Jens Rother/iStock via Getty Images The dollar has rebounded sharply in recent weeks as rates have risen, and the US economy has been far more resilient than many analysts and investors have feared. This rebound in the dollar could lead to a much more substantial move higher. Such a move higher could be devasting for…
jewhyte/iStock Editorial via Getty Images Warner Bros. Discovery (NASDAQ:WBD) is starting to differentiate itself in an increasingly crowded entertainment space. The company has experienced major successes just as competitors like Disney (DIS) have begun to lose steam. In fact, Warner Bros. Discovery recent movie, streaming, and video game hits The Last of Us, Hogwarts Legacy…
lechatnoir Since the first time I wrote about the building materials company CRH (NYSE:CRH) in November last year, its price is up by a huge 40%. I reiterated a Buy on it two more times since, and it hasn’t disappointed, with a 20% rise since my second article and a 10% increase since the third….
sebastianosecondi/iStock via Getty Images Dear Fellow Shareholders, FPA Queens Road Value Fund (“QRV Fund”) returned 5.67% in the second quarter of 2023. This compares to a 6.64% return for the S&P 500 (SP500) (SPX) Value Index in the same period. July 1, 2022 to June 30, 2023 was a strong 12 months in the stock…
BlackSalmon/iStock via Getty Images Deals and Financings Jiangsu Hengrui Pharma (SHA: 600275) out-licensed global rights (ex-China) for a novel anti-inflammatory to ONE Bio (OTC:ONBI) of Florida in a $1 billion deal (see story). SHR-1905 is an anti-TSLP monoclonal antibody aimed at severe asthma. ONE Bio will make an $21.5 million payment upfront along with a…
MarsYu There seem to be three large forces shaping the investment climate. First is the resilience of the US economy, with four consecutive quarters of above trend growth. It appears that the US economy may be expanding faster than the 2.4% annualized pace seen in Q2. Many of the largest naysayers have capitulated. Second, the…
gorodenkoff Microsoft (NASDAQ:MSFT) is poised to benefit materially as company IT spend shifts to AI-enabled software. Its strong balance sheet supports the elevated investment cost necessary to underpin the development of AI-embedded applications. Whilst AI Co-Pilot initiatives are only just starting to be rolled out and the ultimate adoption rate among clients is unknown, these…
JulPo Introduction Fintech companies have been getting a lot of heat after the run-up in 2021 as a lot of them were lacking strong margins, some companies that come to mind are Paysafe (PSFE) but also larger institutions like PayPal (PYPL), which at least have decent margins. But for Euronet Worldwide, Inc. (NASDAQ:EEFT) the price…
NGL Energy Partners LP (NYSE:NGL) Q1 2024 Earnings Conference Call August 9, 2023 5:30 PM ET Company Participants Brad Cooper – EVP & CFO Michael Krimbill – President, CEO, & Director Douglas White – EVP, NGL Water Solutions Conference Call Participants Sunil Sibal – Seaport Research Partners Operator Greetings, and welcome to the NGL Energy…
Justin Paget We present our note on EDP – Energias de Portugal (OTCPK:EDPFY), Portugal’s leading electric utility company. EDP offers an attractive earnings and dividends growth profile, combined with value crystallization through asset rotations in hydro, thermal, and renewables. Concerns over rising leverage and downward earnings revisions in renewables have put pressure on the share…
Brian Moynihan Ian Forsyth/Getty Images News Bank of America (NYSE:BAC) recently announced a 9% dividend hike. The holder of record date for the stock is September 1, and the ex-dividend date is August 31. If you wish to grab Bank of America’s upcoming dividend, you’ll need to own the stock before August 31. This may…
svetikd/E+ via Getty Images Introduction Shares of Delta Apparel (NYSE:DLA) have fallen 30% YTD. Despite the fact that the company’s share price has dropped a lot, I believe that it is still not the best time to go long because the company’s operating and financial performance may be under pressure in the coming quarters. Investment…
phive2015 Investment Thesis Tetra Tech Inc’s (NASDAQ:TTEK) revenue should benefit from a healthy backlog level of $4.4 billion exiting the third quarter of fiscal year 2023. In addition, the end market outlook for the company’s future revenue growth looks encouraging, as it is supported by secular demand trends for climate change resiliency and the need…
lamyai Introduction One of the stocks that has been a cornerstone of my agriculture research is The Andersons (NASDAQ:ANDE). This Ohio-based corporation is one of the most well-diversified agriculture players, with significant exposure in trade, ethanol, and fertilizer supply. The Andersons The company manages more than 79 facilities to trade close to 40 million tons…
SlavkoSereda/iStock via Getty Images It’s amazing how quickly things can change in the financial markets. Just a month ago, I cautioned that shares of Colombian glass and window manufacturer Tecnoglass (NYSE:TGLS) appeared to be fully valued ahead of a potential slowdown in the construction industry. Shares have since gotten walloped, with the stock dropping a…
shaunl/E+ via Getty Images The Seritage Growth Properties (NYSE:SRG) saga has been a fascinating one to follow over the years. It would be fair to say that no Class B mall developer would get even a quarter of the attention that SRG managed to muster. That hype was built on none other than Warren Buffett…
imaginima The dividend factor has had a tumultuous last several quarters. It performed well during 2022’s stock market drop, even as interest rates were on the rise. The calendar flipped to 2023, and so too did the script regarding value and growth stocks’ relative performances. High-dividend equities underperformed from January through this past May. Lately,…
Pleasureofart Introduction I’m not the biggest fan of growth stocks. The stakes are usually very high, and potential profits depend on the direction of interest rates and inflation expectations. After all, the lower future inflation is expected to be, the more attractive it becomes to discount future cash flows. Using Cathy Woods’ ARK Innovation ETF…
Hwangdaesung/iStock via Getty Images Leading pure-play cybersecurity company Palo Alto Networks, Inc. (NASDAQ:PANW) surprised Wall Street analysts as it decided to report its fourth-quarter or Q4FY2023 earnings release on August 18 (Friday) after the market closed. Wedbush’s Dan Ives even spooked investors that the company’s decision to release earnings on a Friday evening was a…
Melpomenem Varonis (NASDAQ:VRNS) reported its second quarter 2023 (Q2) financial results on July 31 when it missed both the revenue and EPS estimates. Despite this bad performance, its shares climbed from around $28.7 to $31 in the immediate aftermath of the announcement which makes you wonder whether, behind these disappointing results, there is not something…
Deagreez Option-based stock exchange-traded funds, or ETFs, like the JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) were red hot last year because they fell less in a painful market and generated maximum yield when volatility was highest. YCharts Well, volatility has been collapsing all year. So several Dividend Kings members asked me to follow up on…
AzmanJaka Summary Following my coverage of Matterport (NASDAQ:MTTR), which I recommended a hold rating as the stock price has risen to my initial price target of $3.82. This post is to provide an update on my thoughts on the business and stock. I reiterate my hold rating for MTTR despite it continuing to see strong…
Torsten Asmus/iStock via Getty Images Seeks Growth & Capital Preservation (Performance (%) as of 6-30-2023) QTR YTD 1 Yr 3 Yr 5 Yr 10 Yr Inception Polen Emerging Markets Growth (Gross) -2.36 2.41 -0.49 6.06 -2.93 24.89 21.52 Polen Emerging Markets Growth ((Net)) -2.42 2.30 -0.88 4.98 -4.61 18.23 14.18 MSCI Emerging Markets (Net)) 0.90…
Inna Kot In my monthly series, 10 Dividend Growth Stocks, I rank a selection of Dividend Radar stocks and present the ten top-ranked stocks for further research and possible investment. Dividend Radar is a weekly automatically generated spreadsheet of dividend growth [DG] stocks with dividend increase streaks of five or more years. To look for…