Finance News
ivanastar Investment Thesis Phillips 66 (NYSE:PSX) released solid Q2 results last week, beating the market estimates in several financial metrics. Despite the stock’s recent rally in the last couple of months, I believe PSX still demonstrates good value for a long-term play, whilst also satisfying income investors thanks to their favorable dividend yield relative to…
outline205 I recently wrote an article on HYG, a total junk bond market ETF. I rated it a Sell and discussed that junk bonds are artificially overpriced. While researching HYG and the junk bond market, I saw something that concerned me. There is an approximately $785 billion junk-bond maturity wall that the junk bond market…
Anne Czichos In the past couple of months I have digged deep to provide you with my analysis and views on AT&T’s (NYSE:T) dividend play and the Company’s growth prospects to potentially capture some incremental gains from price appreciation on top of the ~8% yielding dividend. In the article “Demystifying The Sustainability Of AT&T’s Dividend”…
Douglas Rissing The S&P 500 fell roughly 2.25% last week – its first weekly decline since mid-May ’23 – per the technical software. The YTD 60% / 40% balanced portfolio return ended last week at 11.22%, versus the 13.27% YTD return the prior week and the 10.98% as of June 30 ’23. CPI and PPI…
BrooksElliott Introduction As margins are close to have returned to normal levels after a significant surge in demand from 2020 until early 2022, the valuations of MarineMax (NYSE:HZO) have undergone a substantial contraction. This has created an attractive margin of safety, indicating potential undervaluation. Despite the market’s overly pessimistic outlook, I believe the company’s earnings…
Tactile Systems Technology, Inc. (NASDAQ:TCMD) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Daniel Reuvers – President & Chief Executive Officer Elaine Birkemeyer – Chief Financial Officer Conference Call Participants Simran Kaur – Piper Sandler Margaret Kaczor – William Blair & Company Suraj Kalia – Oppenheimer & Co. Inc. Operator…
ReShape Lifesciences Inc. (NASDAQ:RSLS) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Michael Miller – Rx Communications, IR Paul Hickey – President and CEO Tom Stankovich – CFO Christine Ren-Fielding – Member, ReShape Scientific Advisory Board Conference Call Participants Anthony Vendetti – Maxim Operator Good afternoon, and thank you for…
martin-dm Investment Thesis Since its foundation in 2015, Li Auto (NASDAQ:LI) has swiftly positioned itself as a leader in the Chinese EV market. The company adopts a unique approach to tackling range anxiety and charging inconvenience through ‘range extenders’, which are small gasoline engines that generate electricity to power its SUV’s battery when an EV…
NXP Semiconductors N.V. (NASDAQ:NXPI) KeyBanc Technology Leadership Forum August 7, 2023 4:00 PM ET Company Participants Jeff Palmer – VP, IR Conference Call Participants John Vinh – KeyBanc Capital Markets John Vinh Good afternoon, everybody. My name is John Vinh. I cover semis here at KeyBanc Capital Markets. And we’re pleased to have Jeff Palmer,…
georgeclerk BlackRock (NYSE:BLK), one of the world’s best asset management companies, has been an excellent investment over most time frames as the chart below demonstrates. Seeking Alpha BlackRock stands tall as a global leader, offering an extensive range of investment products and services that cater to a diverse clientele, spanning from individual investors to institutional…
Veeco Instruments, Inc. (NASDAQ:VECO) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants Anthony Pappone – Head of IR William Miller – CEO John Kiernan – CFO Conference Call Participants Tom O’Malley – Barclays Bank David Duley – Steelhead Securities Mark Miller – Benchmark Operator Greetings, and welcome to the Veeco…
Paymentus Holdings, Inc. (NYSE:PAY) Q2 2023 Earnings Conference Call August 7, 2023 5:00 PM ET Company Participants David Hanover – Investor Relations Dushyant Sharma – Founder and Chief Executive Officer Sanjay Kalra – Senior Vice President and Chief Financial Officer Conference Call Participants David Koning – Baird Ashwin Shirvaikar – Citi John Davis – Raymond…
Phiromya Intawongpan A Quick Take On Information Services Group Information Services Group, Inc. (NASDAQ:III) reported its Q2 2023 financial results on August 3, 2023, beating both expected revenue and EPS estimates. The company provides digital transformation consulting and technology services worldwide. I previously wrote about ISG with a Buy outlook. Forward revenue growth expectations are…
Red Violet, Inc. (NASDAQ:RDVT) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Camilo Ramirez – Vice President, Finance & Investor Relations Derek Dubner – Chairman & Chief Executive Officer Dan MacLachlan – Chief Financial Officer Conference Call Participants Operator Good day ladies and gentlemen, and welcome to Red Violet’s Second…
Cara Therapeutics, Inc. (NASDAQ:CARA) Q2 2023 Earnings Conference Call August 7, 2023 4:30 PM ET Company Participants Matthew Murphy – Manager, IR Christopher Posner – President, CEO & Director Ryan Maynard – CFO Scott Terrillion – Chief Compliance Officer, General Counsel & Corporate Secretary Conference Call Participants Dennis Ding – Jefferies Annabel Samimy – Stifel,…
Pgiam/iStock via Getty Images ~ by Snehasish Chaudhuri, MBA (Finance). WisdomTree Emerging Markets High Dividend Fund ETF (NYSEARCA:DEM) is an emerging market exchange-traded fund, or ETF, that was launched on July 13, 2007, by WisdomTree Investments, Inc. The fund is co-managed by WisdomTree Asset Management, Inc. and Mellon Investments Corporation. It invests in high dividend…
Sundry Photography I have previously covered Bloom Energy Corporation (NYSE:BE), so investors should view this as an update to my earlier articles on the company. Last week, leading stationary power generation system provider Bloom Energy Corporation reported mediocre second quarter results, with revenues and earnings per share coming in below consensus expectations: Company Presentation While…
Jonathan Kitchen Timing is everything. – Molly Sims. The BlackRock Science and Technology Term Trust (NYSE:BSTZ) commenced operations with a focus on equity securities issued by U.S. and non-U.S. science and technology companies across all market capitalization ranges. These companies are selected for their potential for rapid and sustainable growth, driven by the development, advancement,…
Delek US Holdings, Inc. (NYSE:DK) Q2 2023 Earnings Conference Call August 7, 2023 11:00 AM ET Company Participants Rosy Zuklic – VP, IR Avigal Soreq – President and CEO Joseph Israel – EVP, Operations Mark Hobbs – EVP, Corporate Development Reuven Spiegel – EVP and CFO Conference Call Participants Manav Gupta – UBS Matthew Blair…
coffeekai/iStock via Getty Images Originally posted on August 5, 2023 In this week’s issue of the 1-Minute Market Report, I examine the asset classes, sectors, equity groups, ETFs, and stocks that led the market lower, and which market segments bucked the trend by moving up. By keeping an eye on the leaders and laggards, we…
SimonSkafar/E+ via Getty Images Simon Property Group, Inc. (NYSE:SPG) is one of the largest real estate investment trusts, or REITs, in the country, with a market capitalization of almost $40 billion. The company has an almost 7% dividend yield and a diversified portfolio of assets, but it was punished during the COVID-19 downturn, along with…
jewhyte/iStock Editorial via Getty Images On our last coverage of RioCan Real Estate Investment Trust (OTCPK:RIOCF) (TSX:REI.UN:CA), we held it at a “hold” and suggested investors look elsewhere for lower risk returns. Specifically we said, So for us RioCan is a no-go at this stage of the cycle. Sure, it can go up, but the…
pilesasmiles/iStock Unreleased via Getty Images Surf Air (NYSE:SRFM) has acquired Southern Airways and direct listed on the NYSE last week. This is a big gamble for a company with low cash levels and negative earnings. It’s also a big gamble for a retail investor like myself, which is why I’m passing on this until we…
RichVintage Introduction This article builds on prior signal event articles with more explanations on how to benefit some of our efforts. As more data points are collected, more insights are gained. The last Momentum Memo discussed the strong June 1 Momentum Gauge breakout signal that has led to the longest positive run of the year….
Genius Sports Limited (NYSE:GENI) Q2 2023 Earnings Call Transcript August 7, 2023 8:00 AM ET Company Participants Brandon Bukstel – IR Manager Mark Locke – Co-Founder and CEO Nick Taylor – CFO Josh Linforth – MD, Media & Engagement Conference Call Participants Jason Bazinet – Citi Bernie McTernan – Needham & Company Ryan Sigdahl –…
yucelyilmaz Investment Thesis Picking one sector to outperform is challenging. However, large-cap Industrial stocks, represented by the Industrial Select Sector SPDR ETF (NYSEARCA:XLI), look promising on paper, offering a relatively attractive 22.42x forward earnings valuation and 11.20% estimated earnings per share growth. In addition, XLI constituents delivered a solid earnings surprise this quarter, led by…
zoranm Listen below or on the go on Apple Podcasts and Spotify HSBC plans to move its global HQ to a smaller space as office real estate continues to struggle. (0:15) Nearly half of Americans would try weight loss pills. (2:52) Morgan Stanley shakes up its dividend stock poftfolio. (4:20) This is an abridged transcript…
Grand Warszawski Introduction Amgen (NASDAQ:AMGN) is back. After writing an article titled Amgen: A Healthcare Bargain With A 4% Yield in June, the stock has added 11%, beating the S&P 500 by roughly 9%. While that’s good news, it’s not the reason I’m writing this article. What is even more significant is that this rally…
JHVEPhoto Exxon Mobil (NYSE:XOM) posted Q2 earnings that are down sequentially and year-on-year: Exxon Mobil Press Release The bearish thesis is that the 2022 results were an anomaly sparked off by the geopolitical worries. As oil prices have receded from the triple digits, Exxon, and other energy producers would default to the lackluster returns of…
Zorica Nastasic/E+ via Getty Images On August 3, 2023, Bruker Corporation (NASDAQ:BRKR), one of the leaders in the scientific instrument market, published its financial report for the second quarter of 2023. The company specializes in the design and manufacture of high-performance equipment, including for such areas as pharmaceuticals, life sciences research, and materials science research….
bymuratdeniz Introduction Sage Therapeutics (NASDAQ:SAGE) is a biopharmaceutical company with a specialization in brain health medications. They focus on treating disorders such as depression, neurology, and neuropsychiatry by targeting the central nervous system’s GABA and NMDA receptor systems. With products like Zulresso (intravenous brexanolone) for postpartum depression, Sage continues to advance in the field by…
shutter2photos/iStock via Getty Images Introduction I’m not sure if the relationship is linear or exponential, but the higher the yield on a stock, the more nervous it makes me, as I’ve witnessed so many people buy into high-yield investments only to figure out that most of these companies come with horrible long-term total returns. However,…
PM Images Energy Transfer (NYSE:ET) is having a strong 2023 as units appreciated from $11.62 to a 52-week high of $13.67. Units of ET are retracing a bit after earnings, finishing the week down -4.06%. ET has now missed analyst estimates on the top and bottom line for the past 4 quarters. Despite a history…
halbergman Company Presentation Founded in 1998 and based in Dallas, Texas, Builders FirstSource (NYSE:BLDR) is a leading supplier of building materials and construction services in the United States. BLDR operates a network of distribution centers and manufacturing facilities across the country, serving customers in the residential construction, remodeling, and commercial construction markets. The firm operates…
gilaxia/E+ via Getty Images Investment Thesis Live Nation Entertainment (NYSE:LYV) was up over 40% year-to-date (YTD) before dropping 15% from July 28 to August 3. I am taking this opportunity to suggest buying shares of the company now. In the mid-80s range, specifically at $86.50, I see a very attractive 11.6x risk-to-reward ratio based on…
MicroStockHub Executive Summary Cincinnati Financial (NASDAQ:CINF) recently released its quarterly results, showing an impressive turnaround in net income from a $818 million loss in the previous year to a profit of $534 million. Year-to-date post-tax profit also rose significantly by $1.8 billion to reach $759 million, mainly due to unrealized equity gains, in contrast to…
mirza kadic Overview The US dollar is recovering today after it was sold following the jobs report before the weekend. It is enjoying a firmer bias against nearly all the G10 currencies. The dollar bloc is faring best, while the Scandis are off close to 0.5%. Most emerging market currencies are also softer, with only…
AlKane/iStock via Getty Images In my opinion, Hercules Capital (NYSE:HTGC) is a solid choice for any income investor looking to capture some reliable cash flow. The price entry is not the best right now, though, as it sits near an all-time high, so it currently remains at a Hold rating for me. Hercules Capital proves…
grandriver/iStock via Getty Images Part I – Introduction Houston-based EOG Resources, Inc. (NYSE:EOG) released its second quarter 2023 results on August 3, 2023. Important note: This article updates my preceding article, published on July 11, 2023. I have followed EOG on Seeking Alpha since 2016. EOG Resources produces from five Premium Basins and is a…
byakkaya Generation Bio (NASDAQ:GBIO) says it is a global leader in non-viral DNA therapeutics. Their goal is to “deliver lifelong, titratable gain of function genetic medicines on a disruptive global scale.” The company has 3 core technologies, described in their 10-K as follows: Our non-viral genetic medicine platform is comprised of three essential component technologies:…
Matteo Colombo Introduction Georgia-based Southern Company (NYSE:SO) is a utility I’ve always liked as a high-yield play. However, in the past two years, I started to put it on top of my list, as I believe it’s one of the best utility companies money can buy. The company just achieved a major milestone, as Vogtle…
seb_ra/iStock via Getty Images Introduction Janus Henderson Group (NYSE:JHG) released 2Q23 results on 02 August 2023. My previous Seeking Alpha note on JHG rated the stock a Buy at ~$27.23; that was looking like a solid call when JHG was trading close to $30 in mid/late July. However, the gains quickly unwound as the market…
Pgiam/iStock via Getty Images I covered Applied Therapeutics (NASDAQ:APLT) two and a half years ago, when they had already completed a phase 3 adult study, and were expecting an NDA for lead candidate AT-007 in Galactosemia “no later than Q3 2021.” Fast forward 30 months, and they have now completed a pediatric phase 3 outcomes…
dan_prat/iStock via Getty Images Introduction Eagle Bulk (NYSE:EGLE) is a US-based dry bulk ship owner. The company owns and operates a fleet of 52 vessels with an average age of 10 years. All Eagle’s vessels belong to Ultramax/Supramax category with a dead-weight-tonnage capacity of 55-63 DWT. This enables the company to operate in all bulk…
kynny Investment Thesis At the moment a lot of technology stocks are on fire, because of AI driven expectations. Sometimes companies are trying to use the word AI as much as possible in their reports to further boost the hype. There are also some technology companies that don’t want to surf on the hype and…
FactoryTh I have mentioned Western Copper and Gold (NYSE:WRN) in the past as an excellent copper/gold resource investment idea. The company owns the Casino mine project in the Yukon. Its stock valuation trades at a sizable discount to estimated NPV calculations at metals prices below current quotes. Even given the go ahead to build a…
syahrir maulana Growth securities outperformed value securities in the first half of the year and are yet to slow down. Such momentum was primarily a result of big tech momentum and rallying within companies like Apple (AAPL), Microsoft (MSFT), and NVIDIA (NVDA). This rallying stemmed mainly from artificial intelligence (AI) hype. Despite the general outperformance…
Roman Tiraspolsky/iStock Editorial via Getty Images Research Brief In today’s equity research analysis I am returning to a stock I covered several months ago, but still one of my favorites in the financial sector, Bank of New York Mellon (NYSE:BK). This time, however, I am applying my new rating methodology and seeing if I get…
Bet_Noire/iStock via Getty Images Constellium (NYSE:CSTM) is experiencing a downturn in revenue growth, which is driven mainly by packaging end-market weakness. However, the company is coping relatively well due to its pricing power and ability to exploit more successfully the momentum in the aerospace market. In addition, Constellium streamlined its business model in order to…
Bruce Bennett Background The world of stand-alone, physical retail is brutal. The multi-decade transition of shopping habits by consumers from in-person buying to e-commerce has left in its wake countless retailers who have failed to adapt to the new reality of how consumers shop. Some of the strongest players in the space remain, albeit somewhat…