nikkytok Note: Vantage Drilling International or “Vantage Drilling” (OTCPK:VTDRF) has been discussed by me previously, so investors should view this article as an update to my earlier coverage of the company. Since I initiated coverage of small, Dubai-based offshore driller Vantage Drilling International two years ago, shares have more than doubled and reached new post-bankruptcy…
Nikada Overview The new week has begun off quietly. The dollar (DXY, USDOLLAR) is in narrow ranges against the G10 currencies, +/- 0.15% as the North American market prepares to open. The Dollar Index is trading inside the narrow pre-weekend range. With softer US CPI, retail sales, and industrial production due this week, we have…
Michael Vi A sad reality of the present is that, geopolitically speaking, we are living in challenging times. Therefore, nations have no choice but to strengthen their respective armed forces. That, in turn, creates opportunities for defense contractors. One of the smaller, but no less interesting, names in the sector is Kratos Defense & Security…
AzmanJaka/E+ via Getty Images By Levi at Elliott Wave Trader; Produced with Avi Gilburt We’re getting closer, but we’re not quite there. This refers to the target that our lead analyst Zac Mannes put out in the last article we shared with the readership. Zac’s primary scenario was and still is targeting the $65 area…
Arctic-Images The NXG Cushing Midstream Energy Fund (NYSE:SRV) is a closed-end fund that income-seeking investors can employ as a method of accomplishing their goals of earning a high level of income from the assets that are present in their portfolios. The fund does this by investing in a portfolio of midstream partnerships, which is certainly…
Kelvin Murray/DigitalVision via Getty Images One of the most disappointing names in the market in recent years has been cell programming and biosecurity company Ginkgo Bioworks (NYSE:DNA). The company has failed to meet its lofty growth expectations, causing shares to plummet from the low double digits to under $1 a share. After the bell on…
The Good Brigade In February, I believed that shares of Hologic, Inc. (NASDAQ:HOLX) were starting to look a bit more attractive as headwinds were disappearing. The women’s health business benefited greatly from the pandemic (through its diagnostics business) yet the subsequent headwinds are ending in 2024. This improves the prospects for growth as appeal was…
alengo It’s been a little while since I’ve published a portfolio review, but in recent months, I’ve continued to take strides reshaping my portfolio into my desired long-term form, so I wanted to take some time this week to provide an update for everyone. In short, I’ve been intensely focused on accumulating shares of blue…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is set to issue new antitrust charges against Microsoft over concerns that the software giant is undermining competitors to its videoconferencing app Teams, as EU regulators continue to target the market dominance of big…
Adam Gault/OJO Images via Getty Images Before we entered 2024, I issued an interesting piece on Medical Properties Trust (NYSE:MPW) – Medical Properties Trust: Outlining An Optimal Way To Capture Double-Digit Yield – outlining my views on how the investors could play this distressed case in a more risk-averse manner. In my view, going higher…
Andres Victorero The above is Briefing.com’s weekly economic data table. April ’24 PPI and April ’24 CPI are due out Tuesday, May 14th, and Wednesday, May 15th, respectively. Shelter or OER (owners’ equivalent rent) has a significant influence on the CPI given its weight (roughly 30% of the inflation gauge) and then add in auto…
China is planning to turn a tropical island province roughly the size of Belgium into the world’s largest duty-free shopping zone, as it tries to persuade shoppers to buy their luxury goods at home and stimulate a lagging domestic economy. Policymakers aim to establish a single duty-free zone with a separate customs system in Hainan,…
Blackstation/DigitalVision via Getty Images Elevator Pitch I rate Autohome Inc. (NYSE:ATHM) [2518:HK] stock as a Buy. My prior October 12, 2023 write-up was focused on ATHM’s mixed financial prospects. This update touches on ATHM’s recent quarterly financial performance, the latest policy development for China’s automotive market, and the company’s dividend guidance. Autohome is guiding for…
Devenorr/iStock via Getty Images Introduction Receiving dividends is fun – and often necessary to retire (early). However, when it comes to chasing yield, I’m extremely careful, as I believe the higher the yield, the higher the risk there’s something fundamentally wrong with the underlying investment. That’s the so-called “sucker yield.” Companies that fall under the…
400tmax Investment Thesis: I rate Tripadvisor as a hold at this time. In a previous article back in January, I made the argument that Tripadvisor (NASDAQ:TRIP) could have the capacity for upside if revenue continues to see growth and selling and marketing costs as a proportion of overall revenue decline from here. While the stock…
RomanBabakin/iStock Editorial via Getty Images DBS Group logo (DBS Group) Investment Thesis It was roughly one year ago that we upgraded DBS Group Holdings Ltd. (OTCPK:DBSDY) (OTCPK:DBSDF) from a Hold to a Buy. We concluded then that the pullback in share price from S$35 to $28 made DBS shares attractive enough to Buy. Please do…
Sundry Photography Thesis In my previous article on Palantir Technologies Inc. (NYSE:PLTR) I reiterated my “strong buy” rating on the stock, citing that my estimated fair price stood at $17.04 and an estimated future price for the year 2029 of $54.12. Since that article, the stock has decreased by 10.50% due to the raised outlook…
McKevin Sixth Street Specialty Lending (NYSE:TSLX) has been implementing one of the most impressive portfolio strategies in the BDC industry, enabling it to generate solid risk-adjusted returns over the years. Its ability to earn one of the best portfolio yields while keeping non-accruals below the industry average is one of the promising outcomes of its…
Chinese authorities have kicked off plans to sell Rmb1tn ($140bn) of long-dated bonds, as Beijing ramps up spending to stimulate the economy. The People’s Bank of China has asked brokers for advice on pricing the sale of the first batch of the sovereign bonds, according to two people who received requests. China’s government announced plans…
KGrif/iStock Editorial via Getty Images Aerospace and defense companies are performing strongly, some perform strongly due to the positive trends in commercial airplane productions and utilization and others are performing very well due to the increased demand for defense equipment and services. In my view, European aerospace companies have significant upside, as they have been…
Start Time: 08:00 January 1, 0000 8:43 AM ET SGL Carbon SE (OTCPK:SGLFF)Q1 2024 Earnings Conference CallMay 08, 2024, 08:00 AM ET Company Participants Torsten Derr – CEOThomas Dippold – CFOClaudia Kellert – Head, Capital Markets and Communications Conference Call Participants Andreas Heine – StifelDario Dickmann – HSBCTom Junghanns – Berenberg Claudia Kellert A very…
hapabapa/iStock Editorial via Getty Images I Think Rivian Will Survive Some analysts have raised concerns that Rivian (NASDAQ:RIVN) might not survive 2025/2026 due to a high level of cash burn, no profit, and not enough cash on hand to sustain it. These concerns are valid, and there are rising pressures from lower vehicle prices from…
stevecoleimages/E+ via Getty Images ACCO Brands (NYSE:ACCO) is a manufacturer of consumer products largely focused on office and school environments, as well as certain electronic products which serve those markets and extend beyond into gaming. ACCO’s primary historical feature from an investment standpoint is as a perpetual value stock – regardless of cash flows and…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spanish prime minister Pedro Sánchez’s Socialists scored a clear win in the Catalan regional elections on Sunday, as support for pro-independence parties dropped and his party sought to draw a line under more than a…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rishi Sunak will say that Britain is “at a crossroads” on Monday, with voters facing big political choices in a more volatile world, as he tees up the Conservative party for the UK general election…
In his final public appearance as Russia’s defence minister on Thursday, Sergei Shoigu saluted Vladimir Putin atop Lenin’s mausoleum on Red Square, clad in a major-general’s uniform bedecked with medals. Andrei Belousov, appointed as his successor on Sunday, is cut from a different cloth. A Soviet-trained economist, Belousov has never served a day in the…
ninitta BP stock’s high yield and low P/E BP‘s (NYSE:NYSE:BP) stock price has largely been moving sideways recently. As seen in the chart below, its price increased only about 3% in the last year, while the S&P 500 enjoyed one of the best years with more than 20% gain. There are certainly good reasons for…
Fly View Productions For over a year now, I have been familiarizing myself with many of the financial institutions out there. Most of my emphasis has been on small to medium sized banks. Few of them have had market capitalizations exceeding $10 billion. And many have been $2 billion in size or less. But one…
champpixs/iStock via Getty Images Amazon’s (NASDAQ:AMZN) (NEOE:AMZN:CA) Q1 earnings were a breath of fresh air for several reasons. I was relieved to see AWS growth move to 17% year-over-year compared to 12% in Q4, especially after advising for months that Q1 would spark a reacceleration on increased data budgets in 2024. Free cash flow and…
Dizfoto/iStock via Getty Images The following segment was excerpted from this fund letter. Atkore Inc. (NYSE:ATKR) Atkore Inc. specializes in products tailored for the electrical sector. ATKR caters to various segments including electrical, safety, and infrastructure. Under the Electrical division, ATKR manufactures essential components for constructing electrical power systems such as conduit, cable, and installation…
cemagraphics Last weekend’s article warned to get “Ready for the Squeeze” and concluded there are “good odds of a move higher” in the S&P500 (SPY). This played out to a point, but the move higher exceeded my expectations and now looks more than just a short squeeze. Wednesday’s session had a chance to form a…
Galeanu Mihai Macro Overview The Micro Opportunities Strategy began 2024 trailing its microcap benchmark. During the quarter, the performance of the benchmark was predominantly led by unprofitable and heavily shorted stocks, presenting a significant challenge for the strategy to outperform due to the high-quality focus of our portfolio. Additionally, our stock selection fell short of…
rzoze19/iStock via Getty Images Airbus (OTCPK:EADSY) and Boeing (BA) have been competing in the epic duopoly of the airline industry for a while. Both companies had problems after the rough time of the pandemic, and Boeing’s troubles might be the perfect time for Airbus to edge up an advantage that could radically change the market….
Jacek_Sopotnicki Warner Brothers Discovery (NASDAQ:WBD) released first quarter earnings last week. The media giant has been scrutinized for earnings performance and high leverage since its merger. Back in February, I took a bullish stand on Warner Brothers Discovery through the sale of cash secured puts. While the first quarter earnings report disappointed by missing both…
MATR’s wires are used in nuclear reactors. Low tolerance for failure. Monty Rakusen/DigitalVision via Getty Images Mattr Corp: High Quality Industrial Trading at < 5x EBITDA Investment Thesis Mattr Corp. (TSX:MATR:CA) (OTCPK:MTTRF) stands as a prime investment opportunity, underpinned by its transformation from a hyper cyclical business into a diversified industrial powerhouse focusing on less…
Palmer Square Capital BDC Inc. (NYSE:PSBD) Q1 2024 Earnings Conference Call May 7, 2024 12:00 PM ET Company Participants Andrew Wedderburn-Maxwell – Investor RelationsChris Long – Chairman and Chief Executive OfficerAngie Long – Chief Investment OfficerMatt Bloomfield – PresidentJeff Fox – Chief Financial Officer and Director Conference Call Participants Melissa Wedel – JPMorganKenneth Lee –…
a.k.a Brands Holding Corp. (NYSE:AKA) Q1 2024 Earnings Conference Call May 8, 2024 4:30 PM ET Company Participants Kenneth White – VP, Head of Legal and Human ResourcesCiaran Long – Interim CEO & CFOEmily Schwartz – Head, IR & Corporate Communications Conference Call Participants Eric Beder – Small Cap Consumer Research, LLCAshley Owens – KeyBanc…
hapabapa Lucid Motors (NASDAQ:LCID) presented disappointing quarterly earnings for its 1Q24 on May 6, 2024 that triggered another huge stock drop. However, Lucid Motors had better-than-anticipated sales for the first quarter and reported a narrowing of losses. With that being said, the company continues to produce and deliver only a very small amount of electric-vehicles…
Rasi Bhadramani Small vs. Large Caps In Q1 2024, the Riverwater Sustainable Value Strategy outperformed its benchmark, the Russell 2500 Value Index. Small-caps continued what appears to be a new bull market since hitting bottom last October. Small-caps still have significant ground to cover, having last peaked in 2021, while large-caps have continued to hit…
MotionIsland/iStock via Getty Images The Trade Desk Delivered Yet Again The Trade Desk, Inc. (NASDAQ:TTD) investors have outperformed the market significantly since my previous bullish TTD article in February 2024. However, bearish investors could argue that TTD hasn’t been able to break decisively above the $92 level, given the robust selling resistance. The Trade Desk…
Marchex, Inc. (NASDAQ:MCHX) Q3 2024 Earnings Conference Call May 7, 2024 5:00 PM ET Company Participants Trevor Caldwell – Senior Vice President of Strategic Initiatives & Investor RelationsEdwin Miller – Chief Executive OfficerHolly Aglio – Chief Financial Officer Conference Call Participants Darren Aftahi – ROTH MKM Operator Hello all and welcome to the Marchex First…
Sumco Corporation (OTCPK:SUMCF) Q1 2024 Earnings Conference Call May 9, 2024 2:00 AM ET Company Participants Takayuki Komori – Investor RelationsMayuki Hashimoto – Chairman and CEOShinichi Kubozoe – Vice President and CFO Conference Call Participants Takashi Enomoto – BofAAtsushi Ikeda – Goldman SachsTakato Watabe – Morgan StanleyShigeki Okazaki – NomuraGo Miyamoto – SMBC NikkoYuta Nishiyama…
zodebala Introduction In early February of this year, I began covering Exxon Mobil (NYSE:XOM) stock here on Seeking Alpha, and since then, the stock has surged by 15.8%, outperforming the market’s return by about threefold. Needless to say, I am incredibly pleased with this outcome. Seeking Alpha, Oakoff’s coverage of XOM My thesis at the…
Khanchit Khirisutchalual Introduction: CBRE Global Real Estate Income Fund (NYSE:IGR) is a closed-end fund, or CEF, that was incepted in Feb. 2004. The fund’s main objective is to provide high current income to its shareholders. Capital appreciation is the secondary objective. The fund’s mandate requires it to invest at least 80% of the total assets…
William_Potter/iStock via Getty Images An income portfolio depends on quality reliable dividend paying companies that also give yearly raises. 5 companies in Rose’s Income Garden portfolio gave April raises that are discussed and my take along with a Rose recommendation is made for owning them. They are all from different sectors that include consumer staples,…
Kaltura, Inc. (NASDAQ:KLTR) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Erica Mannion – Investor RelationsRon Yekutiel – Co-Founder, Chairman & Chief Executive OfficerJohn Doherty – Chief Financial Officer Conference Call Participants Matthew Niknam – Deutsche BankRyan Koontz – Needham & Co.George Iwanyc – Oppenheimer & Co.Ronit Shah – Wells…
ariya j/iStock via Getty Images Don’t hope. Hope is for people who aren’t prepared. – Kareem Abdul-Jabbar THE MACRO VIEW The Weekly MACRO report should serve as a time to pause and reflect on the Bigger picture that is never as volatile and tumultuous as the everyday/weekly market scene. Given the frantic pace of the…
KevinHyde In attempting to understand what the Federal Reserve is trying to do and to understand how the banking system is reacting to what the Fed is trying to do, more and more analysts are struggling to understand just what is going on. This dilemma is examined, in part, by Joseph Sternberg in the Wall…
Scharfsinn86 Aurora (NASDAQ:AUR) is a company developing self-driving technology, Aurora Driver, that is integrated into cars to enable driverless capability. All-time share performance has been lackluster. Having seen an all-time high of $17 shortly after going public in 2021, share price continued to deteriorate and reached $3 price level the following year. Since then, AUR…
Unifi, Inc. (NYSE:UFI) Q3 2024 Earnings Call Transcript May 9, 2024 9:00 AM ET Company Participants Albert Carey – Executive ChairmanEdmund Ingle – Chief Executive OfficerAndrew Eaker – Executive Vice President, Chief Financial Officer & Treasurer Conference Call Participants Anthony Lebiedzinski – Sidoti & Co. Operator Good morning, and thank you for attending Unifi’s Third…