PhonlamaiPhoto I last wrote on Richardson Electronics (NASDAQ:RELL) in October 2023, and I told you to avoid it due to weak results, market conditions, and price chart. Its share price has corrected around 7% since then. It recently announced its Q2 FY24 results. Its margins are declining, which is affecting its profitability. Even after the…
malerapaso Today’s article is supposed to provide an updated analysis of the AdvisorShares Focused Equity ETF (NYSEARCA:CWS), an actively managed vehicle that I previously covered in August 2023. In the review, I would like to pay special attention to the changes its portfolio has undergone since then and how they have impacted the factor story,…
Arx0nt Like so many small cap stocks, Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has had a rough August 2023. Month to date, through August 21, 2023, the Russell 2000 (IWM) is down 147 points, which translates to a sharp 7.3% decline. August is traditionally a lower volume month and a time for summer vacations. This…
Demolition Of San Francisco”s Candlestick Park Enters Final Phase Justin Sullivan/Getty Images News The Setup Five Point Holdings (NYSE:FPH) is a small California land developer misunderstood by the market. From 2009-2021, Five Point was under a previous leadership team that ran a bloated cost structure. According to Redfin, 82.4% of homeowners have an interest rate…
jimkruger Target (NYSE:TGT) is firing on few cylinders. I dug into the latest batch of Bank of America card data and found that the sore thumb among a handful of consumer stocks was the Minnesota-based retail chain. Still, with decent cash flow and compelling valuation metrics, I am upgrading this unloved name from a hold…
FinkAvenue/iStock Editorial via Getty Images Following our recent update on the EU Semiconductor sector with a follow-up note on STMicroelectronics (STM), today, we are back to analyze Infineon Technologies AG (OTCQX:IFNNY)(OTCQX:IFNNF). Following a sector de-rating, the company rallied >10% post-Q2 Fiscal Year 2024 results. This was due to a long-awaited cut to Infineon’s outlook and…
rvlsoft The Vanguard Consumer Staples Index Fund ETF Shares (NYSEARCA:VDC) is a relatively cost-efficient fund (a 0.10% expense fee) that has a strong long-term performance track-record (see chart below) and has a relatively defensively positioned portfolio in an arguably expensive market. That being the case, the VDC ETF is a perfect “SWAN” fund for Nervous…
Anna Usova/iStock via Getty Images We present our note on Grifols (NASDAQ:GRFS), a Spanish international pharmaceutical and chemical company focused on blood plasma products, with a Hold rating. While we like the oligopolistic market structure and Grifols’ strong positioning as well as the long-term potential of the plasma market, we are concerned about the high…
Olivier Le Moal Author’s Note: This is our monthly series on Dividend Stocks, usually published in the first week of every month. We scan the universe of roughly 7,500 stocks listed and traded on U.S. exchanges and use our proprietary filtering criteria to select five relatively safe stocks that may be trading cheaper compared to…
The US SEC has reaffirmed its claims of undeniable ties between wallet provider Ceffu and Binance in its recent motion against BAM, the parent company of Binance.US. In its recent motion against BAM, the parent company of Binance.US, the US Securities and Exchange Commission (SEC) has reaffirmed that wallet provider Ceffu has undeniable ties to…
David Becker Ouster (NYSE:OUST) has finally released its long-awaited Q4 results, achieving the highest quarterly revenue in its history at $24.4M and closing the year with record revenue of $83.3M, the highest among Western companies. This marks a remarkable 103% growth. The merger with Velodyne yielded exceptional results, surpassing operating expectations by an additional 40%…
Inuvo, Inc. (NYSE:INUV) Q3 2023 Earnings Conference Call November 10, 2023 11:00 AM ET Company Participants Natalya Rudman – Investor Relations Richard Howe – Chairman and Chief Executive Officer Aleesha Parris – Corporate Controller Conference Call Participants Brian Kinstlinger – Alliance Global Partners Operator Greetings. Welcome to the Inuvo Third Quarter 2023 Financial Results Conference…
Blockstream has introduced the ‘Splicing’ feature in its Core Lightning implementation, enabling liquidity changes to Lightning channels, according to a press release sent to Bitcoin Magazine. This comes on the heels of ACINQ’s implementation of Splicing last month, where users of ‘Eclair’ experienced a 60% decrease in Lightning transaction fees. Splicing is expected to tackle a persistent challenge within the Lightning network—liquidity…
JEFF KOWALSKY/AFP via Getty Images Stellantis (NYSE:STLA) stock is trading higher after the automaker reported strong Q4 and FY 2023 results, while highlighting a commitment to achieve “at least a double-digit adjusted operating income margin in 2024”, on a €190+ billion topline expectations. In addition, Stellantis management delighted with the projection to distribute a yield-rich…
manassanant pamai Today was the day that most believed the Fed would pivot, lowering interest rates by reinstating Quantitative Easing (QE). Recent stock market gains reflect this belief. S&P But few have considered the long-term consequences of the Fed’s actions and the predicament in which it finds itself. It’s not as easy as simply turning…
Victory Capital Holdings, Inc. (NASDAQ:VCTR) Q2 2023 Earnings Call Transcript August 4, 2023 8:00 AM ET Company Participants Matthew Dennis – Chief of Staff and Director of Investor Relations David Brown – Chairman and Chief Executive Officer Michael Policarpo – President, Chief Financial Officer and Chief Administrative Officer Conference Call Participants Etienne Ricard – BMO…
Credicorp Ltd. (NYSE:BAP) Q2 2023 Earnings Call Transcript August 11, 2023 10:30 AM ET Company Participants Milagros Ciguenas – Investor Relations Officer Gianfranco Ferrari – Chief Executive Officer Cesar Rios – Chief Financial Officer Reynaldo Llosa – Chief Risk Officer Francesca Raffo – Chief Innovation Officer Cesar Rivera – Head of Insurance and Pensions Conference…
John M Lund Photography Inc Uniti & Windstream Merger Uniti Group Inc. (NASDAQ:UNIT) is merging with Windstream. Things rarely come in such a perfect full circle in the capital markets as this one. UNIT was spun out of Windstream as a REIT almost 10 years back. The transaction was touted as the best things since…
Vertigo3d I came across the Invesco AI and Next Gen Software ETF (NYSEARCA:IGPT) entirely by accident. As a macro analyst, I keep track of different investment themes via the monitoring of ETFs. One particularly ETF that I regularly look at is IGPT’s predecessor, the Invesco Dynamic Software ETF (“PSJ”). PSJ was a broadly diversified ETF…
tumsasedgars On our last coverage of Global Net Lease, Inc. (NYSE:GNL), we spoke about the reasons we exited the common shares in a timely fashion. We also covered the preferred shares, which are listed below. Global Net Lease, 7.25% Series A Cumulative Redeemable Preferred Stock (NYSE:GNL.PR.A) Global Net Lease 6.875% Series B Cumulative Redeemable Perp…
ferrantraite Interest rates are down strong because of the “Powell Pivot”, what’s the problem? This is a year full of sharp reversals, and now that Powell has most definitely pivoted, shouldn’t we all be celebrating lower rates? Starting Wednesday treasury yields fell after the Treasury Department released its borrowing plans for the next few months….
Andrii Yalanskyi/iStock via Getty Images By Hyun Kang U.S. equities don’t have a monopoly on acronyms. Before there was the Magnificent 7, it was the FAANGs. Europe has been consistently ignored by U.S. investors over the lack of its own basket of tech-enabled, high-growth stocks. Goldman Sachs (GS) recently highlighted a basket of 11 European…
Of the 11 financial institutions that issued spot Bitcoin ETFs in January 2024, only two — Bitwise and VanEck — have pledged to donate a percentage of their profits to open-source Bitcoin development. Regardless of whether large holders are harassing ETF sponsors for funding core dev, the real question is – why are only @BitwiseInvest…
Brandon Bell/Getty Images News Shares of Camden Property Trust (NYSE:CPT) have been a material underperformer over the past year as higher rates have weighed on real estate valuations. On top of this, a surge of supply has negatively impacted the apartment sector, pushing down rents. Last September, I rated CPT a buy, arguing shares had…
Morsa Images Investment Thesis TransMedics Group, Inc. (NASDAQ:TMDX) is an underappreciated medical technology stock that’s signature invention, the Organ Care System, helps better transport donor organs by keeping them in warm fluid that mimics the human body. The company has seen phenomenal growth, reporting 159% YoY and 27% QoQ revenue growth in its most recent…
Sotherly Hotels, Inc. (NASDAQ:SOHO) Q1 2024 Earnings Conference Call May 9, 2024 10:00 AM ET Company Participants Mack Sims – Vice President, OperationsScott Kucinski – Executive Vice President and Chief Operating OfficerTony Domalski – Chief Financial Officer and SecretaryDave Folsom – President and Chief Executive Officer Conference Call Participants Connor Mitchell – Piper Sandler Operator…
Drew Angerer Investment Thesis Nike (NYSE:NKE) is the largest apparel company in the world, with leading positions across different categories and regions. The company is currently facing challenges such as elevated inventory levels, inflationary pressure, and slow growth in China. Such issues have resulted in the stock dropping by 19% YTD. Although these headwinds are…
Lemon_tm INVESTMENT PERFORMANCE (%) as of September 30, 2023 Total Return Annualized Return Inception Quarter YTD 1 Year 3 Year Inception Palm Valley Capital Fund 4/30/19 0.56% 5.26% 9.32% 6.02% 7.22% S&P SmallCap 600 Index -4.93% 0.81% 10.08% 12.11% 5.45% Morningstar Small Cap Index -4.56% 5.71% 14.22% 9.02% 4.75% Click to enlarge Performance data quoted…
Turtle Beach Corporation (NASDAQ:HEAR) Q4 2023 Earnings Conference Call March 13, 2024 5:00 PM ET Company Participants Alex Thompson – Gateway Investor Relations Terry Jimenez – Chairman of the Board Cris Keirn – Chief Executive Officer John Hanson – Chief Financial Officer Conference Call Participants Sean McGowan – ROTH Drew Crum – Stifel Jack Codera…
gopixa Amplify Alternative Harvest ETF (NYSEARCA:MJ) was the first cannabis ETF to start trading. The exchange-traded fund covers investments in a wide swath of cannabis stocks, but diversity is possibly not the best option in the space. My investment thesis is Bullish on the upside of the ETF based on positive trends in the cannabis…
shayes17/E+ via Getty Images Introduction This article updates my outlook for 2024 with the latest Momentum Gauge® signals and a revisit of the January Investing Experts Podcast interview with Rena Sherbill at Seeking Alpha. This past April 2nd marked an early negative Momentum Gauge® test signal followed by an official negative daily signal on April…
deepblue4you An ongoing debate in the world of real estate is whether to invest in public or private real estate. We have written on this topic before, but it is time for an updated thesis because of the sharp contrast in opportunity between the modes of investment. Specifically, one is about 20% cheaper than the…
SOPA Images/LightRocket via Getty Images Investment Thesis With increasing economic uncertainty and an inverted yield curve, the attractiveness of defensive low-beta stocks such as Centene (NYSE:CNC) has only grown. After a prolonged period of sideways trend, an upward trend is hence likely to follow. YCharts Corporate profile Centene Corporation is a leading healthcare enterprise based…
jaochainoi/iStock via Getty Images Investment Rundown The most recent earnings report from Southwest Gas Holdings, Inc. (NYSE:SWX) had some mixed results in my view. Firstly the company has made strong progress on building up the bottom line again. Last year during the Q3 quarter the bottom line was negative but it most recently came in…
Receive free War in Ukraine updates We’ll send you a myFT Daily Digest email rounding up the latest War in Ukraine news every morning. Ukrainian artillery crews have been firing rockets made in North Korea against Russian positions, turning Pyongyang’s munitions against the invasion forces of its ally President Vladimir Putin. The North Korean arms,…
Michael Blann/DigitalVision via Getty Images The analysis and recommendation below is from the March 31st issue of my short seller’s newsletter. Builders FirstSource (NYSE:BLDR), round two – One stock in particular that continues to baffle me is Builders FirstSource (BLDR – $184.55), which has run from $110 to $208 and back down to $184 since…
AndrewJShearer/iStock Editorial via Getty Images Our readers know that we deeply admire Ferrari (RACE), and on Seeking Alpha, our supporting buy rating is widely shared. Even in our recent analysis, we reported how Ferrari is an unusual car company that combines auto and luxury virtues. With a unique order book that now extends until late…
Bilanol/iStock via Getty Images China’s property business is mired in a debt crisis, with default worries casting a pall over the wider economy. But one leading real estate agency has just managed to deliver a good news story of healthy profits and a surging share price. How has property broker KE Holdings Inc. (NYSE:BEKE; 2423.HK)…
Just_Super Summary Following my coverage on Thoughtworks (NASDAQ:TWKS), which I upgraded to a buy rating as I thought the business was executing much better than expected – as seen from how they changed their strategy to adapt to the macro environment – this post is to provide an update on my thoughts on the business…
Whitepointer Modiv Industrial (NYSE:MDV) is probably one of the most unique equity REITs I’ve encountered. The internally managed small-cap REIT is focused on acquiring single-tenant net-lease industrial manufacturing properties in the US, with a portfolio of 44 properties at the end of its most recent fiscal 2023 fourth quarter. There has since been a disposition…
Autohome, Inc. (NYSE:ATHM) Q3 2023 Earnings Conference Call November 2, 2023 8:00 AM ET Company Participants Sterling Song – IR Director Quan Long – Chairman & CEO Craig Yan Zeng – CFO Conference Call Participants Ritchie Sun – HSBC Thomas Chong – Jefferies Brian Gong – Citi Operator Ladies and gentlemen, thank you for standing…
asbe Moat stocks once again dominated the S&P 500 (SP500, SPX) in 2023, as the Moat Index surged 32.41% versus the S&P 500’s 26.3% gain in 2023. U.S. equity markets ended 2023 on a high note in December with a year-end rally that led major U.S. stock indexes to their ninth positive week in a…
Pobytov/E+ via Getty Images 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…
Genasys Inc. (NASDAQ:GNSS) Q1 2024 Earnings Conference Call February 13, 2024 4:30 PM ET Company Participants Brian Alger – Senior Vice President of Investor Relations and Corporate Development Richard Danforth – Chief Executive Officer Dennis Klahn – Chief Financial Officer Conference Call Participants Scott Searle – Roth MKM Brian Colley – Stephens Mike Latimore –…
jetcityimage Introduction With so much uncertainty right now and investors unsure if the market will continue dropping, I think it’s a great time to get blue-chip stocks like Kroger (NYSE:KR) on the pullback. For the record, I’ve been holding the stock for a while now and have watched it come down recently from a high…
Hulton Archive Earnings season is just about to get started, and one of the names we follow for trading is Helen of Troy Limited (NASDAQ:HELE). A lot of retailers have been crushed by inflation, and now that we are starting to come out of the other side of that, we are in a market situation…
halbergman I don’t do drugs, though. Just weed. – Dave Chapelle. Cannabis has been the widow-maker trade over the last couple of years. Despite popular support and ongoing state legalization, investing in the space has been incredibly painful. At some point this will turn, but the timing is incredibly difficult. When the tide turns, there…
Daniel Wright Note: I have covered ZIM Integrated Shipping Services Ltd. (NYSE:ZIM) previously, so investors should view this as an update to my earlier articles on the company. In a surprise twist of fate, Israel-based liner company ZIM Integrated Shipping Services Ltd. (“ZIM”) appears to be among the greatest beneficiaries of the ongoing Houthi attacks…
JHVEPhoto/iStock Editorial via Getty Images Shares of CenterPoint Energy (NYSE:CNP) have been a poor performer over the past year, losing about 10% of their value. Higher interest rates have been a significant contributor to this, with higher-rates making dividend-oriented stocks less attractive as well as leading investors to worry about the feasibility of cap-ex programs….
DaLiu Deutsche Telekom (OTCQX:DTEGY) has good fundamentals in the European telecom sector, but this seems to be currently reflected in its valuation and its shares are therefore a ‘Hold’. As I’ve covered in a previous article, Deutsche Telekom has better growth prospects than most of its peers, due to its strong large exposure to the…