hapabapa Micron Technology, Inc. (NASDAQ:MU) stock has put up an impressive rally, surging by 70% after bottoming in late 2022. Micron had a challenging phase due to the economic slowdown and other macroeconomic factors. Its revenues crashed by 50% during the brutal tech-market earnings-recession phase, a dynamic further exacerbated by China chip bans and other…
tadamichi By Todd Jablonski, CFA, CIO, Asset Allocation; Seema Shah, Chief Global Strategist; Brian Skocypec, CIMA, Director, Global Insights & Content Strategy; Han Peng, CFA, Director, Quantitative Strategist; Ben Brandsgard, Insights Strategist Key themes for 1Q 2024 • Global growth is coming off the boil. Economic growth is now cooling as global monetary tightening gradually…
Sydney James/DigitalVision via Getty Images Investment Thesis McCormick & Company (NYSE:MKC) reported results on the 26th, March, beating on revenues and EPS so the share price jumped over 10%. MKC was founded in 1889 and is a dominant player in selling spices and seasonings to the food industry. They sport a wide moat, however, food…
Tencent Music entertainment noted that users are more willing to pay for the premium features. In Q2, the company registered 20% surge in the total paying users for its online music streaming service. On Monday, August 15, Tencent Music Entertainment Group, China’s leading online music and entertainment platform, reported a surge in revenue for Q2…
tadamichi By Seema Shah, Chief Global Strategist Global equity valuations are stretched, characterized by the U.S., Europe and Japan all sitting at or near record highs. However, amidst the elevated valuations, pockets of opportunity are emerging – especially within U.S. small-caps, buoyed by favorable economic conditions, and in Latin America, where compelling valuations align with…
Chip Somodevilla Stocks skyrocketed on Tuesday, and financial news outlets were quick to attribute the report to the morning’s CPI report. The S&P 500 (SPY) is now up approximately 10% in about two weeks– a typical year’s worth of gains. But if you go and read the actual October CPI report, it’s not that great….
VDCM image Opportunity Overview South Korean equities have rallied slightly on the back of more positive economic data in the country in the past two months. Export growth has picked up again, which could bode well for the market. Data by YCharts The Korea Fund (NYSE:KF) has slightly outperformed emerging market equities in the past…
Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion…
tbradford/iStock Unreleased via Getty Images We previously covered McDonald’s Corporation (NYSE:MCD) in June 2022, discussing its inflation-proof and recession-proof prospects during the potential bear market after the hyper-pandemic boom. While we had believed its offerings and stock to be highly resilient, the stock had also been overly prudently rated as a Hold then, with us…
To counter the margin pressure, Barclays announced plans for a share buyback of up to £750 million. Barclays, the British multinational bank, has recently announced its Q2 2023 financial results, revealing expectations of earning less interest in its domestic division amid concerns over inflation and high-interest rates. The bank reported a net income of £1.3…
Petmal Welcome to the Vanadium miners news. July saw several vanadium companies sign vanadium off-take deals and one sign a contract to sell VRFBs. These are positive signs that there is strong demand for vanadium and a growing demand for VRFBs. Vanadium uses Vanadium is traditionally used to harden steel. Chinese rebar standards are requiring…
tadamichi It’s not often that the bluest of the blue chip compounders go on sale. And knowing this, when these moments arrive, I do my best to tune out the macro noise and buy shares. Yes, a war between Israel and Iran is scary. And that’s just one of many geopolitical headwinds that the market…
MCCAIG It’s that time again to peer into the year ahead. Most see a rosy 2024, following a spectacular 2023 that delivered a 25% return on the S&P500 and a whopping 45% return on the Nasdaq. Market observers expect the Fed to pivot in 2024, lowering interest rates, because inflation is under control. This article…
yuriz Opener I’m an investor with a focus on company quality above all else. I prefer to invest in quality stocks at fair prices rather than opting for cheap, mediocre companies. However, I believe that the market is highly inefficient in the short term, especially when looking beyond big tech, and I’m willing to explore…
United Microelectronics Corporation (NYSE:UMC) Q3 2023 Earnings Call Transcript October 25, 2023 5:00 AM ET Company Participants Michael Lin – IR Chi-Tung Liu – CFO, SVP, Head, Corporate Governance & Company Secretary Jason Wang – President & Representative Director Conference Call Participants Sunny Lin – UBS Gokul Hariharan – JPMorgan Chase & Co. Bruce Lu…
Petmal In the last few quarters since the bullish coverage on Dexterra (OTCPK:HZNOF), the stock fell slightly while the S&P 500 (SPY) gained 5.80%. At that time, the company posted third-quarter results and declared a dividend. The 8.75 cents a share dividend yields around 6%. What do the dividend and latest earnings do to Dexterra’s…
Daenin Arnee Introduction Stewart Information Services Corporation (NYSE:STC) is in the property and casualty insurance industry. As many are aware, there was a lot of uncertainty in the last few months for the financial sector as the turmoil of some regional banks seems to have dragged the whole sector down with it. When looking at…
Roman Mykhalchuk/iStock via Getty Images This will be my third article on Lumen (NYSE:LUMN) and while the thesis hasn’t changed I will use this article to dive into Lumen’s financials to counter the bear argument that Lumen is essentially in run-off mode and Growth capex is really just opex in disguise. To refresh my basic…
georgeclerk It’s been a topsy-turvy year for the iShares MSCI Taiwan ETF (NYSEARCA:EWT), and while the fund did dip meaningfully since I last covered it, EWT now looks poised to end the year on a high. One key reason for the Q4 rebound has been Taiwan’s approaching election, a key theme heading into 2024. Polling…
monsitj From its November 2022 low to its recent high, Bitcoin (BTC-USD) as well as the Grayscale Bitcoin Trust (OTC:GBTC) is up 145% within 12 months. But of course, it wasn’t easy to ride this rally if you didn’t have a good entry or are a long-term holder. Until the summer top, Bitcoins recovery was…
Mitek Systems, Inc. (NASDAQ:MITK) Q2 2023 Earnings Conference Call September 14, 2023 4:30 PM ET Company Participants Todd Kehrli – IR, MKR Max Carnecchia – CEO Fuad Ahmad – CFO Conference Call Participants Jake Roberge – William Blair Michael Grondahl – Northland Securities Allen Klee – Maxim Group Scott Buck – H.C. Wainwright Operator Good…
Hulton Archive The regional bank crisis was the main topic of many finance discussions back in March, as several regional banks failed from a combination of unrealized securities losses and deposit flight. Although the problems are not front-page news at the moment, I fear a new regional bank selloff could be brewing as commercial bank…
Olivier Le Moal January picked up right where 2023 left off. The market headed for record highs, with what felt like the first down day occurring right at the end of the month. Dividend increases were a mixed bag, with some major disappointments for dividend growth investors from dividend stalwarts and unexpected significant increases from…
dem10 In the rapidly evolving domain of generative AI, Amazon (NASDAQ:AMZN) is positioning itself as a formidable contender, leveraging its cloud infrastructure prowess and strategic alliances. While rivals like Google (GOOG) and Microsoft (MSFT) have made significant strides, Amazon’s unique approach, rooted in its cloud market leadership through AWS and a focus on choice and…
The significance of this IPO is further highlighted when considering the expected global ranking of this offering. Cainiao Smart Logistics Network Ltd, the logistics unit of Alibaba Group Holding Ltd (HKG: 9988) has taken a significant step by submitting its A1 filing to the Hong Kong Stock Exchange, aiming to raise at least $1 billion…
DAVIDsTEA, Inc. (DTEA) Q4 2023 Earnings Conference Call December 12, 2023 4:30 PM ET Company Participants Sarah Segal – CEO and Chief Brand Officer Frank Zitella – President, CFO and COO Conference Call Participants Operator Good morning, ladies and gentlemen. Welcome to DAVIDsTEA’s Third Quarter Earnings Webcast for fiscal 2023. Today’s webcast is being recorded…
kyonntra/E+ via Getty Images Introduction Avidity (NASDAQ:RNA) is a biopharmaceutical firm specializing in a unique RNA therapy termed Antibody Oligonucleotide Conjugates (AOCs). This platform fuses the exactness of RNA therapeutics with monoclonal antibodies, targeting previously untreatable diseases. Currently, three AOC programs are undergoing clinical trials, focusing on various muscular dystrophies. In a recent analysis, I…
Sundry Photography In a recent quarter, General Electric Company (NYSE:GE) showcased an impressive financial resurgence, recording a significant uptick in total orders. Its revenue streams also witnessed marked growth. This financial renaissance was mainly propelled by heightened demand in the company’s Aerospace sector and a surge of orders in the Renewable Energy domain. Moreover, the…
maroke By Min Joo Kang Tokyo consumer prices unexpectedly rose 2.6% YoY in March A leading indicator of nationwide consumer prices, Tokyo consumer prices rebounded to 2.6% year-on-year in March (vs a revised 2.5% in February, 2.5% market consensus). Core inflation excluding fresh food, a preferred measure for the BoJ, eased to 2.4% (vs 2.5%…
Editor’s note: Seeking Alpha is proud to welcome Matteo Sada, CFA as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Bloomberg/Bloomberg via Getty Images Investment Thesis PROS Holdings…
Steering through a sea of change in the crypto market, the investment game is experiencing a seismic shift. Spot Bitcoin ETFs already exist, signaling Bitcoin’s leap into mainstream finance and knitting it closer to conventional investment fabrics. We’ll look at the tip of the iceberg trying to imagine its true depth as well as the…
Jack Taylor Summary This post is to provide an update on my thoughts on Monster Beverage’s (NASDAQ:MNST) recent performance and 2Q23 results. I recommend a buy rating for MNST as I expect earnings growth to remain strong in the low 20% range, supporting its valuation premium vs. peers. Investment thesis The 12.1% increase in revenue…
Bitcoin Twitter has been an exciting place over the last year as the Nostr and Ordinals protocols became the new up-and-coming protocols on the scene. Ordinals exposed a fault line starting to form within the Bitcoin community. The ossifiers class that wants to keep Bitcoin the way it is versus the builders that want to…
Veracyte, Inc. (NASDAQ:VCYT) Q3 2023 Earnings Conference Call November 7, 2023 4:30 PM ET Company Participants Tristan Ribar – Vice President-Finance Marc Stapley – Chief Executive Officer Rebecca Chambers – Chief Financial Officer Conference Call Participants Puneet Souda – Leerink Sung Ji Nam – Scotiabank Mason Carrico – Stephens Inc Operator Good day, and thank…
SCStock Introduction At our Conservative Income Portfolio service, we cover the universe of preferred stocks, term preferred stocks, baby bonds, and traditional bonds. Generally, we consider the safety of utmost performance as we look to find the highest yielders that also offer a strong level of safety. We also focus on securities that not only…
Ethan Miller Note: I have covered VOXX International Corporation (NASDAQ:VOXX) previously, so investors should view this as an update to my earlier articles on the company. Leading automotive and consumer electronics products manufacturer and distributor VOXX International Corporation or “VOXX International” continues to operate in a challenging business environment as once again evidenced by the…
JackF/iStock via Getty Images Thesis Founded in 1956, PulteGroup (NYSE:PHM) is one of the largest homebuilders in the United States. In addition, they offer financial services through Pulte Mortgage, but this is only a small part of their total revenues at ~2%. With rising mortgage costs and other factors, this is an industry that many…
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…
Brandon Bell/Getty Images News AT&T (NYSE:T) recently announced another batch of earnings. The company, with its $100 billion market capitalization, now has a dividend yield pushing 8%. That, combined with its dividend yield, the recent lead crisis, which we discuss here, and the potential of associated costs, has resulted in consistent concern about the company’s…
Banco de Sabadell, S.A. (OTCPK:BNDSF) Q2 2023 Earnings Conference Call July 30, 2023 3:00 PM ET Company Participants Cesar Gonzalez-Bueno – Chief Executive Officer Leopoldo Alvear – Chief Financial Officer Gerardo Artiach Morenes – Investor Relations Conference Call Participants Maksym Mishyn – JB Capital Ignacio Ulargui – BNP Paribas Carlos Cobo – Société Générale Sofie…
Sify Technologies Limited (NASDAQ:SIFY) Q2 2024 Earnings Conference Call October 20, 2023 8:30 AM ET Company Participants Praveen Krishna – IR Raju Vegesna – Chairman Kamal Nath – CEO M. P. Vijay Kumar – Executive Director and Group CFO Conference Call Participants Jonathan Atkin – RBC Capital Markets Gregory Burns – Sidoti & Company Operator…
Nikola Stojadinovic/E+ via Getty Images West Fraser Timber (NYSE:WFG) checks many of my boxes for investment. It is a diversified wood products company and its business model is simple and effective. I was reminded of this quote from Warren Buffet when diving into its business model – I try to invest in businesses that are…
jirkaejc/iStock via Getty Images A little over two years ago I believed it was time to take a bite in the case of Chewy (NYSE:CHWY) which was obviously a bit too premature. Having seen a real boom-bust cycle at the time, the net result was significant revenue growth and margin expansion, which made that I…
David Ramos/Getty Images News Aena S.M.E., S.A. (OTCPK:ANYYY) is the largest airport operator by passenger volume in the world with most of its traffic based in Spain. The Spanish government owns 51% of the company and retains majority voting control. I last wrote about Aena in the article, Aena: Growing Demand As Passenger Traffic Recovery…
RyanKing999 One gold miner I have owned off and on during 2022-23, but yet to mention on Seeking Alpha is Alamos Gold (NYSE:AGI). The company has several operating mines in Canada and one in Mexico, with eyes toward new projects and growth initiatives on a number of its properties (including undeveloped assets in Oregon, USA…
King Ferdinand of Spain, sponsor of Christopher Columbus, had only one command for the conquistadors: “Get Gold! Humanely, if possible, but at all hazards!” 500 years later this sentiment still seems to be the same, with the addition of new hazards. Gold bugs and Bitcoin advocates share the common belief that the fiat currency system…
Start Time: 08:30 January 1, 0000 9:12 AM ET ACCO Brands Corporation (NYSE:ACCO)Q1 2024 Earnings Conference CallMay 03, 2024, 08:30 AM ET Company Participants Tom Tedford – President and CEODeborah O’Connor – EVP and CFOChristopher McGinnis – Senior Director of IR Conference Call Participants Gregory Burns – SidotiJoseph Gomes – NOBLE CapitalKevin Steinke – Barrington…
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…
alvarez The liquefied petroleum gas shipping industry has risen steadily since 2020 and is forecasted through 2028 to grow at a CAGR of about 7.3%. The outlook looks solid, largely due to the expected boom in demand from Asia, which accounts for 60% of global seaborne volumes. Asian LP Gas Import Demand (Dorian, LPG November…
Nattakorn Maneerat The party of Wall Street appears to be ending, and Morgan Stanley’s earlier prediction that we’d get close to a new record high before falling to new lows (about 30% below record highs) appears to be coming true. Ycharts The market gods have been teasing investors, letting them think that the worst was…