PM Images OppFi (NYSE:OPFI) has traded rangebound between $2.90 and $1.80 for the last 1 year, with the lending platform recently reporting fiscal 2023 second-quarter earnings that saw dual beats on revenue and earnings. OppFi reported revenue of $122.5 million set against a $276 million market cap that is a long way away from the…
Ivan-balvan/iStock via Getty Images BABA Reported A Smashing FQ1’24 Performance – Well-Exceeding Expectations We previously covered Alibaba Group Holding Limited (NYSE:BABA) in July 2023, discussing the stock’s suitability for swing trades, since the ongoing geopolitical crossfire between the US and China made it unlikely for it to regain international investors’ confidence in the near term….
Miromatrix Medical Inc. (NASDAQ:MIRO) Q2 2023 Earnings Conference Call August 14, 2023 4:30 PM ET Company Participants Max Forgan – Gilmartin Investor Relations Jeff Ross – Chief Executive Officer Jim Douglas – Chief Financial Officer Conference Call Participants Alex Nowak – Craig-Hallum Phillip Dantoin – Piper Sandler Operator Good day, and welcome to the Miromatrix…
olegganko/iStock Editorial via Getty Images Introduction Remy Cointreau (OTCPK:REMYF) (OTCPK:REMYY) is one of the world’s best-known producers of cognac and liqueurs in the world and many liquor cabinets will have a bottle of Cointreau present. While the company’s share price suffered during the COVID pandemic as the demand for its products decreased, it has bounced…
AlTi Global, Inc. (NASDAQ:ALTI) Q2 2023 Earnings Conference Call August 15, 2023 5:00 PM ET Company Participants Lily Arteaga – Head of Investor Relations Michael Tiedemann – Chief Executive Officer Reid Parmelee – Interim Chief Financial Officer and Global Controller Conference Call Participants Wilma Burdis – Raymond James Operator Greetings and welcome to AlTi Tiedemann…
studio-omg/iStock via Getty Images Dear Fellow Shareholders, FPA Flexible Fixed Income Fund (FFIAX, the “Fund”) returned 1.20% in the second quarter of 2023 and 3.48% year-to-date through June 30, 2023. Sector As of 6/30/2023 Yield-to-worst1 7.60% Effective Duration 1.83 years High Quality Exposure2 72.3% Credit Exposure3 27.7% Click to enlarge As inflation abated during the…
Samsonite International S.A. (OTCPK:SMSOF) Q2 2023 Earnings Conference Call August 16, 2023 9:00 PM ET Company Participants William Yue – Investor Relations Kyle Gendreau – Chief Executive Officer Reza Taleghani – Chief Financial Officer William Yue Great. Good morning, everyone. Thank you for taking the time to join the Samsonite’s First Half Results Presentation. Today,…
KSChong Q2 earnings summary – Maintaining a Buy Rating on NAMS Although we had written an article recently before the earnings where we focused on the evolving landscape of LDL-c lowering therapies, we decided to write a follow-up article to discuss the new updates from the Q2 earnings as new details around the upcoming clinical…
REKINC1980/E+ via Getty Images The Shopify Investment Thesis Appears Bright, Thanks To The Two Pronged Approach We previously covered Shopify (NYSE:SHOP) in May 2023, discussing the management’s decision to shed its logistics segment. We believed that this was a prudent strategy indeed, since it allowed the company to better focus on its higher-margin SaaS offerings,…
Mano/iStock via Getty Images Introduction In the past few months, I have been building a position in some of the baby bonds issued by Sachem Capital (NYSE:SACH), an alternative lender focusing on real estate the “fix and flip” segment. As Sachem requires its borrowers to provide personal guarantees, it has so far been able to…
ipopba Dear Fellow Shareholders, FPA New Income Fund (MUTF:FPNIX, the “Fund”) returned 0.21% in the second quarter of 2023 and 2.24% year-to- date through June 30, 2023. Sector As of 6/30/2023 Yield-to-worst1 6.64% Effective Duration 1.99 years High Quality Exposure2 89.8% Credit Exposure3 10.2% Click to enlarge As inflation abated during the quarter, the Federal…
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…
maciek905/iStock via Getty Images Dear Shareholder Performance Overview The FPA Crescent Fund – Institutional Class (MUTF:FPCSX, “Fund” or “Crescent”) gained 6.29% in Q2 2023 and 16.13% in the trailing twelve months.1 The Fund captured 97.6% of the MSCI ACWI’s return in the trailing twelve months, outperforming its 73.8% average net risk exposure.2 Performance versus Illustrative…
RoschetzkyIstockPhoto/iStock via Getty Images Dear subscribers, I’ve been looking at Resi REITs, or residential REITs for a number of months now, allocating capital to all of the attractive ones as they’ve become cheap. My latest buys, including what I’ve communicated through articles, have been purchases of Mid-America (MAA) and Camden (CPT), two I didn’t really…
Olivier Le Moal In this series of articles, we focus on selecting and highlighting stocks that have been growing their dividends in the recent past at a rapid pace. We also need to ensure that these stocks will likely grow their earnings at a fast pace in the next few years. Due to their hypergrowth,…
Svetlana_nsk/iStock via Getty Images Summary Dutch Bros (NYSE:BROS) operates and franchises drive-thru shops that focus on serving hand-crafted beverages. I am recommending a buy rating as I believe BROS can continue to grow at the current fast pace, meeting consensus estimates. The potential for growth is huge if we compete against large players like Starbucks…
Robert Way Alibaba Group Holding Limited (NYSE:BABA) investors have been dealt another massive blow, despite the initial optimism from its recent first-quarter or Q1FY2024 earnings release. As such, the initial post-earnings surge has completely dissipated. The battering has resulted in BABA falling back toward levels last seen in early July. The recent property market crisis…
moisseyev/iStock via Getty Images Introduction A quick look into my published article database showed that it had been a good while since I spilled any ink in the direction of Beach Energy Limited (OTCPK:BEPTF). Two years, as a matter of fact, so it was high time for a revisit. Readers might want to access this…
Erik S. Lesser In the dynamic world of pharmaceuticals, Merck & Co., Inc. (NYSE:MRK) has consistently emerged as a formidable player, showcasing resilience and innovation. While recent stock market trends show a slight decline in stock price, a more comprehensive view reveals Merck’s impressive performance compared to major equity indexes. At the heart of this…
R&A Studio This article was coproduced with Dividend Sensei. Investors have gotten much less excited recently. The market is down 2% in the last three weeks, while Apple is down 7%. Only value stocks are doing well, up 2% to 3%. I’m not here to try to tell you what stock to buy for the…
xbrchx/iStock via Getty Images Investment Thesis With roughly 40% of our portfolio in real estate and another 40% in financials, we have experienced both some good and some bad H1 results this year. Even though we own low-leveraged real estate companies, the increases in interest costs have hurt the results and distribution to shareholders. Fortunately,…
FreezeFrames Marathon Oil Corporation (NYSE:MRO) produces oil, natural gas liquids and natural gas in the US and the African country of Equatorial Guinea. Last year it acquired private natural-gas focused Eagle Ford company Ensign Natural Resources. In the US, Marathon Oil is primarily active in the Bakken (North Dakota) and Eagle Ford (south Texas) with…
4Front Ventures Corp. (OTCQX:FFNTF) Q2 2023 Earnings Conference Call August 15, 2023 5:00 PM ET Company Participants Leo Gontmakher – Chief Executive Officer Andrew Thut – Chief Investment Officer Karl Chowscano – Consulting President Ray Landgraf – President, California Operations Brian Ehmke – Director of Finance Conference Call Participants Neal Gilmer – Haywood Securities Yewon…
Moussa81 Part I – Introduction Canada-based New Gold Inc. (NYSE:NGD)(TSX:NGD:CA) released its Second-quarter 2023 results on July 26, 2023. Note: This article updates my May 1, 2023 article. I have followed NGD on Seeking Alpha since January 2019. Also, on August 10, 2023, NGD announced that: During regular inspections of the New Afton Tailings Storage…
May Lim I have written several bullish stories on a small Minnesota semiconductor company, that makes its product in-house, with patented technologies for miniature-sized, low-energy, durable sensors and MRAM memory chips (used in rugged applications like hearing aids and smart vehicles). The good news is NVE Corporation (NASDAQ:NVEC) has experienced a nicely rising stock quote…
jcgamache/iStock via Getty Images Overview Prudential Financial (NYSE:PRU) is a big player in the financial services sector with a value of around $33 billion. Prudential manages a wide variety of assets worth approximately $1.415 trillion as of the latest earnings news. They offer services such as asset management, insurance, and retirement advisors to customers. PRU’s…
alexsl The MPW Investment Thesis Has Lost Its Bullish Support Here We previously covered Medical Properties Trust (NYSE:MPW) in May 2023, discussing the short sellers attack by Viceroy Research. The report had caused its stock prices to drastically decline, thanks to the allegation that the REIT “buys assets at inflated prices from tenants.” At that…
photographer Diodes Incorporated (NASDAQ:DIOD), a supplier of discrete semiconductors, released its Q2 report on August 8 that came in mixed. On the one hand, while DIOD is still dealing with a surplus of inventory in the market due to a slump in demand, DIOD also reported seeing initial signs of a recovery in demand. On…
designer491 Originally published on August 3, 2023 By Mark Paris, Chief Investment Officer, Head of Municipal Strategies, Invesco Fixed Income | Stephanie Larosiliere, Head of Municipal Business Strategies and Development Here’s our monthly update on what’s going on in the muni market. We ask and answer key questions and highlight munis by the numbers, providing…
HeliRy Note: I have covered Teekay Corporation (NYSE:TK) previously, so investors should view this as an update to my earlier articles on the company. Earlier this month, Teekay Corporation (“Teekay”) reported strong second quarter numbers with results boosted by the consolidation of Teekay Tankers (TNK). While Teekay’s economic interest is below 30%, the company retains…
mdesigner125 Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.”…
peterschreiber.media This month’s negative tone continued in the past week as the S&P 500 collapsed through its 50 DMA. Not surprisingly, the weakness has put a dampener on sentiment. The latest investor sentiment survey from AAII showed only 35.9% of respondents reported as bullish. That is down for a second week in a row from…
Michael Vi Investment Thesis I believe Tencent Holdings Limited (OTCPK:TCEHY) stock is a buy. The company’s ‘super-app’, WeChat, underscores its unparalleled dominance in China’s tech landscape, reaping the benefits of network effects and offering a comprehensive range of services that cater to diverse user demands. Beyond this, Tencent’s global gaming endeavors, despite the temporary regulatory…
Darren415 Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company (“BDC”) sector from both the bottom-up – highlighting individual news and events – as well as the top-down – providing an overview of the broader market. We also try to add some historical context…
champc Following the YTD strength in equity markets, Russ Koesterich discusses how a combination of cyclicals, and a growth bias may serve investors well in today’s market. Following last year’s plunge across markets, technology and growth stocks are back on top. Aside from a brief wobble in February, year-to-date growth has crushed every other investment…
Smederevac Investment Summary Chesapeake Utilities Corporation (NYSE:CPK) has developed very well in the gas utilities industry and generates TTM revenues of $701 million. The company released its last report in early August and it showcased a miss on both the top and bottom lines for the business. This is certainly not the news that you…
zhengzaishuru Vital Energy’s (NYSE:VTLE) operational performance has been pretty good so far in 2023. It has increased its oil production guidance for the year by approximately 8% (excluding the impact of acquisitions). Including acquisitions, Vital’s oil production may end up around 20% higher than its original expectations. Vital is now expected to generate around $96…
Bet_Noire By Ed Moya US The main event for next week will be the Kansas City Fed’s Jackson Hole Symposium. Fed Chair Powell’s speech will reiterate that more rate hikes might be needed and that rates should stay higher for longer. With the recent surge with real yields, Fed Chair Powell can acknowledge that policy…
JHVEPhoto Dear readers/followers, When it comes to overvalued companies (or what I view as one) with a potential upside, but only if you base it off 20x+ P/E, I don’t believe the market has yet accounted for the full impact of the risk-free rate and normalization with regards to this in terms of what companies…
Adecoagro S.A. (NYSE:AGRO) Q2 2023 Earnings Conference Call August 18, 2023 10:00 AM ET Company Participants Mariano Bosch – CEO Emilio Gnecco – CFO Renato Junqueira Pereira – Sugar, Ethanol and Energy VP Vitoria Cabello – IR Officer Conference Call Participants Thiago Duarte – BTG Pactual Guilherme Palhares – Bank of America Lucas Ferreira –…
ermingut TransAct Technologies (NASDAQ:TACT) is a microcap headquartered in Hamden, Connecticut. The company should be able to use the cash flow from a temporarily prosperous casino printer business to fund a restaurant and c-store software product. The food service automation offering will have significant high-margin recurring revenue, which will cause the market to re-rate the…
EVS Broadcast Equipment SA (OTCPK:EVSBY) Q2 2023 Earnings Conference Call August 18, 2023 9:30 AM ET Company Participants Serge Van Herck – Chief Executive Officer Veerle De Wit – Chief Financial Officer Benoit Quirynen – Senior Vice President, Strategy Conference Call Participants Guy Sips – KBC Securities Alexander Craeymeersch – Kepler Cheuvreux David Vagman –…
LumerB Introduction Ripple (XRP-USD), a pioneering blockchain network, has seen its native coin XRP rise to become the fifth-largest cryptocurrency by market cap. Investor sentiment towards Ripple has shifted since the latest ruling in the long-standing SEC-Ripple case. Following the announcement of the ruling, Ripple’s native coin XRP resumed trading on certain crypto exchanges that…
SweetBunFactory Equities have emerged as the unexpected winner across various asset classes this year, mostly driven by large cap technology companies amid the AI frenzy. That happened despite rising interest rates and inflation, as well as slowing economic growth across many major developed economies. It may be fair to say that mid-cap stocks, which are…
Sean Anthony Eddy Dear subscribers, In this article, I’m going to take a look again at Ventas, Inc. (NYSE:VTR), one of the highest-rated and highest-quality healthcare real estate investment trusts, or REITs, we currently cover and consider a “BUY.” Ventas is a company I’ve covered in mixed articles, but I haven’t covered it in any…
naphtalina/iStock via Getty Images Investment briefing Much of the equity performance in NuVasive, Inc. (NASDAQ:NUVA)’s equity stock hinges on the outcome of its merger with Globus Medical (GMED). I covered this extensively in the last publication (see it here). Since then, the Federal Trade Commission (“FTC”) has entered the party, and although fashionably late, it…
9parusnikov I am revisiting my Q1 thesis on Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) in light of Q2 earnings. Looking back on my Q1 analysis, I was bullish on Turkcell with a buy recommendation. Three key factors played into my recommendation. First and foremost, Q1 earnings showed impressive growth across the business. Growth was especially strong…
Saturn Oil Should Go to the Moon zhengzaishuru I first started buying shares of Saturn Oil & Gas Inc. (TSX:SOIL:CA, OTCQX:OILSF) about a year ago. Since then, they have completed a transformative acquisition of Ridgeback Resources Inc. Despite very attractive metrics for both the acquisition and the pro forma combined company, the shares have been…
Doucefleur The RIVN Investment Thesis Remains Viable, But With Some Patience We previously covered Rivian Automotive (NASDAQ:RIVN) in July 2023, discussing its surprising FQ2’23 production and delivery report, well exceeding its FQ1’23 numbers. Despite our previous scepticism, it appeared that we had been proven wrong then. For now, thanks to the delivery beats, RIVN has…
Sunlands Technology Group (NYSE:STG) Q2 2023 Earnings Call Transcript August 16, 2023 3:30 AM ET Company Participants Yuhua Ye – Investor Relations Tongbo Liu – Chief Executive Officer Hangyu Li – Financial Controller Conference Call Participants Operator Ladies and gentlemen, thank you for standing by, and welcome to Sunlands Second Quarter 2023 Earnings Conference Call….