ssstep There is a lot of hype about U.S. shale oil production going into year-end, and let me tell you like it is, it’s almost all fluff. HFIR Note: Figures following November do not include “transfers to crude oil supply.” Instead, it’s a more realistic reflection of U.S. oil production. Looking at our real-time tracker,…
Marlon Trottmann The fact that real estate services companies Jones Lang LaSalle (NYSE:JLL) and CBRE Group (CBRE) came close to matching the S&P 500 index (SPY) performance this year, despite the massive headwinds in the industry, shows the power of having a robust business model and a low starting valuation. We believe this is quite…
onurdongel/E+ via Getty Images Introduction Shares of The RealReal (NASDAQ:REAL) have risen 95% YTD. Despite the fact that the company continues to show improved profitability, I believe investors will need to wait for the next quarter’s results before deciding to go long. In my article, I would like to analyze current business trends, make assumptions…
Robert Way/iStock Editorial via Getty Images Burberry (OTCPK:BURBY) is a struggling company in a poorly performing Consumer Discretionary Sector and even weaker luxury goods segment. This is clearly reflected in the stock price, which has dropped -54% in the past year. However, there is clearly value in this classic and instantly recognisable global brand and…
PM Images The previous 12 months haven’t been kind to British American Tobacco (NYSE:BTI) as shares have declined -14.91%, and it’s been an even worse decade as shares have fallen -46.46%. The tobacco industry continuously finds itself under pressure as it’s synonymous with health risks and government regulations. Despite individual opinions, the facts are that…
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…
John Kevin Investment thesis My first bearish thesis about the SPDR S&P 500 ETF (NYSEARCA:SPY) did not age well, since the ETF rallied by almost 18% since late October. I am a mentally healthy person and will unlikely ever bet against the largest U.S. corporations from a long-term perspective. Still, I expected a temporary pullback…
vzphotos Thesis Micron Technology, Inc. (NASDAQ:MU) stands out as one of the most cyclical stocks I’ve encountered, exhibiting significant fluctuations during market expansions and contractions. However, since December 30, 2022, coinciding with the 2023 market rally, the stock has surged by approximately 73%. In this analysis, I will illustrate, using valuation models, why Micron is…
Orla Mining Ltd. (NYSE:ORLA) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Andrew Bradbury – Vice President-Investor Relations & Corporate Development Jason Simpson – President & Chief Executive Officer Andrew Cormier – Chief Operating Officer Etienne Morin – Chief Financial Officer Chafika Eddine – Chief Sustainability Officer Conference Call Participants…
pcess609 Transcontinental Inc. (TSX:TCL.A:CA)(OTCPK:TCLAF) recently delivered beneficial expectations with regards to operating margin growth thanks to recent cost initiatives and the deployment of raddarTM. I believe that recent investments in sustainable packaging could bring the attention of ESG funds and investors interested in sustainability investments. Under my different case scenarios, I obtained a valuation that…
better lights for people and planet FotografieLink/iStock via Getty Images Signify N.V. (OTCPK:SFFYF) is a well-known producer of LED and more technological lights under the Philips, Philips Hue, Interact, Philips Dynalite, Color Kinetics, Wiz, and several more. The company has constantly been pioneering better, cozier, more efficient lighting solutions that benefit people’s lives and the…
KanawatTH When it comes to making income from ETFs, a popular option for many investors is the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD). Indeed, most days in recent months have seen millions of shares traded each day. Investors have not made much in terms of price growth, and some have lost quite a…
BrianAJackson Rumble Inc. (NASDAQ:RUM) has had a bumpy ride since I last wrote about the stock. The company has sent a lot of mixed signals to investors over the last few quarters. Some aspects of the business are seeing strong growth while others are not. The company saw growth take off last year. This year…
Holcim Ltd (OTCPK:HCMLF) Q2 2023 Earnings Conference Call July 27, 2023 4:00 AM ET Company Participants Bénédicte Mayer – Investor Relations Jan Jenisch – Chairman, CEO Steffen Kindler – CFO Conference Call Participants Paul Roger – Exane Yassine Touahri – On Field Elodie Rall – JPMorgan Arnaud Lehmann – Bank of America Gregor Kuglitsch –…
Ralf Hahn It has been over a year since I have taken a closer look at Pacira BioSciences (NASDAQ:PCRX) and the company’s performance, and a brief review points to a company that is dealing with multiple challenges that have impacted their growth trajectory. As a result, the market has punished PCRX and the ticker has…
Leila Melhado/iStock Editorial via Getty Images Magazine Luiza (OTCPK:MGLUY), also known as “Magalu,” has undergone a significant transformation in its performance over the past several years. Between 2015 and 2020, the company’s stock soared by an impressive 93,000%, reaching a valuation of R$160 billion, equivalent to around $32 billion. However, in the subsequent three years,…
ESS Tech, Inc. (NYSE:GWH) Q4 2023 Earnings Conference Call March 13, 2024 5:00 PM ET Company Participants Erik Bylin – Head, IR Eric Dresselhuys – CEO Tony Rabb – CFO Conference Call Participants Thomas Boyes – TD Cowen George Gianarikas – Canaccord Colin Rusch – Oppenheimer Corinne Blanchard – Deutsche Bank Brian Dobson – Chardan…
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…
According to Scaramucci, Bitcoin should benefit immensely from the spot Bitcoin ETFs the SEC recently approved for trading. Anthony Scaramucci has predicted that Bitcoin (BTC) will hit a new all-time high (ATH) before the end of 2024. According to the chief executive officer (CEO) and founder of alternative asset management firm SkyBridge Capital, Bitcoin will…
cagkansayin This article is part of a series that provides an ongoing analysis of the changes made to Prem Watsa’s 13F portfolio on a quarterly basis. It is based on Watsa’s regulatory 13F Form filed on 8/14/2023. Please visit our Tracking Prem Watsa’s Fairfax Financial Holdings Portfolio series to get an idea of his investment…
Coeur Mining, Inc. (NYSE:CDE) Q4 2023 Earnings Conference Call February 22, 2024 11:00 AM ET Company Participants Mitchell Krebs – President and Chief Executive Officer Mick Routledge – Chief Operating Officer Aoife McGrath – Senior Vice President-Exploration Tom Whelan – Chief Financial Officer Conference Call Participants Operator Good morning, everyone, and welcome to the Coeur…
The Coca-Cola Company (NYSE:KO) Barclays Global Consumer Staples Conference September 7, 2023 9:45 AM ET Company Participants James Quincey – CEO Jennifer Mann – Head, North America Conference Call Participants Lauren Lieberman – Barclays Lauren Lieberman Let’s get started. The clock started moving, so we got to do this. So very happy to have The…
PhotoTalk Investment Thesis In my previous analyses of companies operating gas stations, I found the business model attractive, primarily due to the non-fuel revenue generated by convenience stores. However, Parkland (TSX:PKI:CA) (OTCPK:PKIUF) stands out as having a weaker aspect in this regard, with over 95% of its revenue tied to fuel sales. Additionally, it carries…
Spruce Power Holding Corporation (NYSE:SPRU) Q3 2023 Earnings Conference Call November 9, 2023 4:30 PM ET Company Participants Bronson Fleig – Head, IR Christian Fong – CEO Sarah Wells – CFO Conference Call Participants Tristan Richardson – Scotiabank Joseph Osha – Guggenheim Mo Chen – Truist Securities Operator Thank you for standing by. My name…
libre de droit By Aditi Gupta, Client Portfolio Manager, Municipals Five reasons why municipal bonds are compelling now Between the regional banking crisis, debt ceiling melodrama that led to a further US sovereign rating downgrade, potential federal government shutdowns, heavy US Treasury issuance, and geopolitical risks, 2023 has been a tumultuous year in markets. That’s…
The Saga phone comes with extra benefits, including a complimentary month of access to Helium Mobile and a free toy. Moreover, apps on Saga’s dApp Store offer special benefits and rewards for Saga holders. Saga phones, initially experiencing sluggish sales, are now fetching over $2,000 in resale on platforms like eBay, according to completed listings….
rlesyk Introduction All financial data are reported in Canadian dollars unless otherwise stated. Canadian National Railway (NYSE:CNI) has been my top pick among Class 1 railroads and, as such, it makes up around 7% of my portfolio. Major macroeconomic trends make me consider the whole industry as one poised to keep on growing. The need…
MERLIN Properties SOCIMI, S.A. (OTCPK:MRPRF) Q4 2023 Results Conference Call February 29, 2024 9:00 AM ET Company Participants Ines Arellano – Investor Relations Ismael Clemente – Chief Executive Officer Miguel Ollero – Chief Operating Officer Conference Call Participants Celine Huynh – Barclays Stéphanie Dossmann – Jefferies Adam Shapton – Green Street Ferran Barniol – Kepler…
In addition to portfolio management, Jellyverse will feature JellySwap, a decentralized exchange that will serve as home to its native crypto JLY. Jelly Labs AG and Fintonomy LTD, the companies developing the initial protocols for Jellyverse, a decentralized finance network built on the Ethereum Virtual Machine (EVM)-compatible layer-2 DeFiMetaChain (DMC), have announced the completion of…
In a long-anticipated move, Bloomberg Tax reported that the Financial Accounting Standards Board (FASB) is set to introduce new fair value accounting rules for Bitcoin and other cryptocurrencies. These new rules aim to provide a more accurate reflection of the market value of digital assets and bring greater transparency to the financial reporting of companies that…
Yuichiro Chino/Moment via Getty Images No matter what, every two weeks, I invest in the S&P 500. I can’t predict where market cycles will bottom out or reach new heights, so I would rather continuously allocate capital to an S&P 500 index fund, which allows me to stay invested in the 500 largest companies in…
Morsa Images Summary I am positive on CoStar Group (NASDAQ:CSGP). My summarized thesis is that CSGP is seeing very strong growth momentum that should only accelerate from here as the economy recovers and as CSGP closes the Matterport (MTTR) acquisition. In terms of growth, the highlight is Homes.com, which has seen very strong traffic growth…
Thossaphol Introduction It’s been over two years since I last covered WEC Energy Group, Inc. (WEC) when I compared it to my two long-term utility picks, The Southern Company (SO) and Duke Energy Corp. (DUK). Back in November 2021, interest rates were still extremely low and WEC stock was trading at around $90, which at…
EllenMoran The TSN Investment Thesis Appears To Be Less Than Promising Here Tyson Foods (NYSE:TSN) is a company that requires no introductions, with many American families likely enjoying some of their meats from time to time, while picking up their offerings at multiple retailers, such as Walmart (WMT) or Target (TGT). TSN has also went…
Vincent Scherer/iStock via Getty Images Foreword This article is based on three November to January Barron’s Weekly and one Fortune Bi-Monthly articles aimed at revealing 46 select stocks for the New Year 2024. Those four articles were: Barron’s Roundtable Pros 8 Stocks for 2024 Interest rates will come down, but (Barron’s) panelists don’t see another…
Klaus Vedfelt Investment action I recommended a hold rating for The Duckhorn Portfolio (NYSE:NAPA) when I wrote about it the last time, as I remained concerned about the near-term uncertainties regarding the business performance outlook and the lack of a proper CEO. Based on my current outlook and analysis of NAPA, I recommend a hold…
The Greenbrier Companies, Inc. (NYSE:GBX) Q1 2024 Earnings Conference Call January 5, 2024 11:00 AM ET Company Participants Justin Roberts – Vice President and Treasurer Lorie Tekorius – Chief Executive Officer and President Brian Comstock – Executive Vice President and Chief Commercial and Leasing Officer Adrian Downes – Senior Vice President and Chief Financial Officer…
PhonlamaiPhoto Potential has a shelf life.”― Margaret Atwood, Today, we put American Battery Technology Company (NASDAQ:ABAT) in the spotlight. The company came public late in 2020. Like most IPOs/SPACs that debuted in 2020/2021 in this space when interest rates were basically zero, the stock has destroyed a massive amount of shareholder value to date. Competitor…
miroslav_1/iStock via Getty Images Portland General Electric Company (NYSE:POR), or PGE, is an electric utility in the northwestern corner of Oregon that generates and transmits energy to 926,000 retail customers. It was founded in 1888 as the Willamette Falls Electric Company and its territory includes some 51 incorporated cities, but the main focus is the…
Receive free Airlines updates We’ll send you a myFT Daily Digest email rounding up the latest Airlines news every morning. IAG, the owner of British Airways, and Air France-KLM are the latest airline groups to report record profits as resilient demand for travel and high ticket prices have powered the industry’s recovery from the pandemic….
Andrii Yalanskyi/iStock via Getty Images Thesis The Global X SuperDividend ETF (NYSEARCA:SDIV) is an equity exchange traded fund. The vehicle is catered towards retail investors seeking high dividends by aiming to invest in the highest dividend yielding equity securities in the world. The fund does this by seeking investment results that correspond to the price…
Yuichiro Chino/Moment via Getty Images Overview The dollar is trading with a slightly heavier bias as some of its recent gains are pared. Sterling has moved back into the $1.26-$1.28 trading range that dominated since the middle of last December until the start of this week. The euro is also trading a little firmer despite…
Mercedes-Benz Group AG (OTCPK:MBGAF) Q4 2023 Earnings Conference Call February 22, 2024 4:30 AM ET Company Participants Steffen Hoffmann – Head of IR and Treasury Harald Wilhelm – CFO Ola Kallenius – CEO Conference Call Participants Tim Rokossa – Deutsche Bank George Galliers – Goldman Sachs Group Daniel Roeska – Bernstein Patrick Hummel – UBS…
Leon Neal Intel (NASDAQ:INTC) shares have returned about 23% since I have upgraded the stock to “Buy”, compared to a gain of about 16% for the S&P 500 (SP500). And as INTC shares are trading very close to my previously established target price of $45.5/ share, I feel it is time for me to revisit…
Marje Summary Since my initial report in late September, Flagship Communities’ (TSX:MHC.UN:CA, OTCPK:MHCUF) shares have remained essentially flat. This is despite a strong Q3 and 5% distribution increase (n.b., ~3.9% forward yield). I now believe MHC offers one of the best quality/risk/value profiles in the residential REIT space. MHC’s portfolio of affordable, recession-proof manufactured housing…
bjdlzx The common stock of Diamondback Energy (NASDAQ:FANG) has had a good run lately. Diamondback Energy Common Stock Price History And Key Valuation Measures (Seeking Alpha Website May 13, 2024) The stock remains near its high, which is getting near to doubling its 52-week low. Much of this can be attributed to the recent announcement…
malerapaso/iStock via Getty Images Introduction On October 9, 2023, I started covering PNC Financial Services Group (NYSE:PNC) again for the first time since 2019, which now feels like ages ago. Back in October, I used a very similar title, which was “PNC Financial: One Of The Best Regional Banks Money Can Buy.” Here’s a part…
hapabapa Markets are clearly concerned about the U.S. budget deficit and war spending. Since the war began, the Biden administration and the U.S. Congress have directed $76.8 billion in assistance to Ukraine. The Administration is now drafting a bill for another $100 billion for Israel and Ukraine. Whether you view these expenses as discretionary or…
What Porsche Holding shareholders ultimately own doesn’t look like a Porsche. lucato/iStock via Getty Images Heisenberg In Action While I was looking at Porsche Holding SE (OTCPK:POAHY) (OTCPK:POAHF), it often felt like an example of Heisenberg’s “Uncertainty Principle”: It states that there is a limit to the precision with which certain pairs of physical properties,…
onurdongel Investment Thesis Leggett & Platt (NYSE:LEG) has declined from the recent peak performance due to macro pressure, but its overall strength hasn’t been impacted. The company’s cash flow is still sound and it has room to conserve cash to protect dividend payout. Looking back for twenty or thirty years, it has weathered past volatile…