Luis Alvarez/DigitalVision via Getty Images I am updating my previous analysis on NovoCure Limited (NASDAQ:NVCR) in light of Q1 2024 earnings which were released pre-market on Thursday, May 2nd. I previously rated NovoCure a buy for the following reasons: Core business was very healthy with growing revenue and a 75% gross margin. NovoCure was pursuing…
JHVEPhoto/iStock Editorial via Getty Images Shares of Ally Financial (NYSE:ALLY) jumped 7% on Thursday after reporting strong quarter. This rally added to substantial gains of 43% over the past year for ALLY as credit losses have not been as bad as some feared. Shares have also rallied 44% since I rated them a buy last…
tiero Please note that this week is the quarterly Master List fundamentals update. Every quarter, after earnings, I update all necessary fundamentals for the DK 500 Master List, which enables valuation-based ratings to operate automatically in real time. Thus, this is the reason for just one article this week. Here’s my ZEUS Family fund holdings’…
da-kuk Japan’s private sector picked up growth momentum into the end of the first quarter, according to flash PMI data. This was attributed mainly to faster service sector expansion, though manufacturing output also declined at a slower rate in March. Notably, services new business grew at the quickest pace in nine months, helping to drive…
miniseries In January, I started coverage of MoneyLion (NYSE:ML) with a “Buy” rating, noting the company has low customer acquisition costs and solid cross-selling opportunities. The stock is up over 20% since then. With the company recently reporting its Q4 results, let’s catch up on the name. Company Profile As a refresher, ML offers a…
Joe Hendrickson Churchill Downs Incorporated (NASDAQ:CHDN) is an entertainment and gaming company that owns the Kentucky Derby as well as a variety of online wagering businesses and operates a large number of casino resorts in several states. The company has been in business for more than 150 years and its growth has been accelerating in…
NicoElNino Dynatrace: A “stealth” hyper-growth story Dynatrace (NYSE:DT) shares have moved in a well-trod trajectory over the past couple of years. The shares made a high of almost $79/share in Oct. 2021, fell to $32/share a year later and have since recovered to the mid $50/share range. More recently, the shares were as low as…
Hispanolistic/E+ via Getty Images Investment thesis Our current investment thesis is: MOD is likely in the early stages of a significant upswing, underpinned by industry tailwinds and a successful business model transition. We believe this will drive shareholder value, following a period of limited distributions and volatile financial results. This is important as even if…
wmaster890/iStock via Getty Images We continue to be buy-rated on CyberArk (NASDAQ:CYBR). 3Q23 results and outlook confirm our belief that CYBR is better positioned to outperform as the transition to the SaaS business model completes; this quarter, subscription bookings made up 97% of license bookings in the quarter, higher than 87% in the year-ago quarter….
Alex Wong/Getty Images News Acceleration While I have been a loyal and unwavering supporter and shareholder of Palantir Technologies Inc. (NYSE:PLTR) since I first purchased shares in the company at $10.25/share in late 2020, frankly, its recent share price rally seemed a bit too exuberant to me. As I’ve so often highlighted to you over…
Wirestock Introduction It’s earnings season. Amid fears of earnings misses that are being severely punished, I’m eagerly waiting for one of the cornerstones of my portfolio: Ferrari (NYSE:RACE). With investing, it’s better not to be overly confident. Yet, Ferrari plays in a league of its own, and one of my favorite aspects about the company…
Liudmila Chernetska 1. Introduction Japan Tobacco Inc. (OTCPK:JAPAF) is one of the 5 biggest tobacco companies and faces several challenges due to regulations, proposed bans for some of its products and continuously growing awareness of the health risks of smoking. However, the tobacco markets has been growing for years and is expected to grow till…
NetFlix, NFLX Mario Tama Netflix’s (NASDAQ:NFLX) recent results and management’s outlook present a mixed but evolving scenario. While subscriber growth remains strong and management anticipates growth acceleration, the revenue figures have been slightly underwhelming. However, with the potential for robust growth in the fourth quarter and an upward revision in company FCF estimates, there are…