Justin Paget/DigitalVision via Getty Images American Electric Power Company, Inc.(NASDAQ:AEP), an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in…
Thomas Northcut Overview We often times fail to take a moment to recognize the engineering miracles that happen around us in our day-to-day lives. We can create lights at the flip of a switch, speak to family across the word because of our phones, travel anywhere across the globe safely, and get clean water in…
JamesBrey/E+ via Getty Images Shares of American Financial Group (NYSE:AFG) have been a moderate performer over the past year, rising 16% and paying out $4 in special dividends on top of its regular 2.2% dividend. After some underwriting missteps last year, it has pushed premiums up and improved results. With strong capital generation and exposure…
ryasick British American Tobacco (NYSE:BTI) (OTCPK:BTAFF), together with the larger tobacco sector, has fallen into a major consolidation in the last year, creating an engagement opportunity for investors with a long-term investment horizon. British American Tobacco’s alternative products categories, Vuse especially, is seeing impressive growth, indicating that the company has considerable revenue and gross profit…
American Well Corporation (NYSE:AMWL) Q1 2024 Earnings Call Transcript May 1, 2024 5:00 PM ET Company Participants Sue Dooley – Head of Investor RelationsIdo Schoenberg – Chairman & Chief Executive OfficerRobert Shepardson – Chief Financial Officer Conference Call Participants Charles Rhyee – TD CowenCraig Hettenbach – Morgan StanleyJessica Tassan – Piper SandlerJailendra Singh – Truist…
A closeup view of a kitchen sink with water running down the drain. deepblue4you In investing, it’s important to enjoy the journey and to remember the “why” behind it. This is because the phase when investors focus on building wealth (e.g., accumulation) can take a handful of years, even decades to move past. My reason…
Tsuji On our last coverage of Altria Group, Inc. (NYSE:MO) we pointed out the bull case was being undermined by a bunch of quitters. Investors were too drunk on the dividend hike to care, and the stock glided higher. Seeking Alpha Q1-2024 results came out and gave everyone another opportunity to focus on the facts….
SafakOguz Following our last update, “Too Cheap To Ignore,” and an expectation reset in early December 2023, Anglo American (OTCQX:AAUKF, OTCQX:NGLOY) reported its FY 2023 results and the just-released Q1 production report. For our new readers, Anglo-American is one of the world’s most prominent diversified mining players. The company is headquartered in London and listed…
funky-data Recap American Express (NYSE:AXP) reported strong earnings on Friday, with revenue of $15.8B growing 11% year-on-year and EPS of $3.33 growing a substantial 39%. The stock jumped over 6% as investors were satisfied that management’s 2024 guidance was on-track, and consumer credit remains healthy. The reassuring consistency and stability of AXP, stood in contrast…
wichianduangsri/iStock Unreleased via Getty Images Introduction The Green Dream, Carbon Zero Targets, Sustainability and Renewable Energy are all part of everyday parlance. The importance of the need to harness wind power and solar power to meet our ever-increasing demands for energy is constantly being highlighted. Silver is a ‘must have’ metal in these operations due…
imaginima Plains All American (NASDAQ:PAA) is a relatively large-scale MLP with a market cap of just over $12.5 billion. It owns and operates midstream energy infrastructure based in the United States and to a lesser degree in Canada. The main segments are pipeline transportation and storage of crude oil and NGL, where the crude oil…
Adam Gault/OJO Images via Getty Images Introduction British American Tobacco (NYSE:BTI) caught my attention due to its especially high dividend yield, so I wanted to take a look at the company’s financials and give some opinion on why the shares might be trading at such depressed levels, and why it may continue for a while…
LeManna In February 2024, the median new home price sold in the United States fell to $400,500. While this initial estimate will go through three sets of revisions before being finalized, it, so far, represents the lowest median price recorded for a new home since June 2021. The typical new home sold in the United…
Richard Drury We previously covered British American Tobacco p.l.c. (NYSE:NYSE:BTI) in January 2024, discussing the management’s great success in renewing its tobacco portfolio, with the New Categories segment boasting an accelerated top-line growth well-balancing the secular decline of the conventional cigarettes segment. With the worst of the secular decline baked in and the October 2023…
Kittisak Kaewchalun /iStock via Getty Images Back in December, I wrote an article on REX American Resources Corporation (NYSE:REX), suggesting to sell it after its run in Q3 and that Q4 won’t be as good. While the stock did pull back a bit after Q3 and Q4 wasn’t quite as good as Q3, it was…
ninitta/iStock via Getty Images ~10% yield and ~6x P/E are just absurd Believe me, I understand why tobacco stocks are so out of favor in recent years. The main topic for today, British American Tobacco (NYSE:BTI), provides a good example. As seen in the chart below, BTI’s price suffered a 15.62% loss in the past…
Justin Sullivan Investment thesis The stock market continues growing impressively in 2024, with big tech and semiconductors continuing to fuel the rally. In my opinion, the greedier investors are, the higher is the probability of a stock market correction. Since growth stocks are usually more vulnerable to corrections, I am now looking at potential high-yield…
Funtay NielsenIQ data show that UK cigarette industry retail sales fell just 1.8% from year-ago levels. That continues an improving trend over the last two years, though sales for Philip Morris International (PM) boasted an annual increase of 6.1% while British American Tobacco (NYSE:BTI) sales dropped 4.7% YoY. Of course, tobacco companies continue to diversify…
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…
Bryan Bedder/Getty Images Entertainment Investment Thesis I believe that American Express (NYSE:AXP) is a buy because in my opinion it has a proven track record of strong financial performance and a business model which establishes it as one of the industry leaders. The company has a sustained dividend history with strong payout ratios, which demonstrates…
Bilanol Investment Thesis The American Water Works Company, Inc. (NYSE:AWK) is the largest publicly traded water utility in the United States. The utility provides water supply and wastewater management services to customers across the country through their regulated operations as well as servicing some military facilities too. AWK remains highly profitable and benefits from what…
jetcityimage/iStock Editorial via Getty Images Elevator Pitch Mazda Motor Corporation (OTCPK:MZDAY) [7261:JP] shares are assigned a Buy investment rating. In my January 2, 2024, initiation article, I wrote about MZDAY’s sales outlook for the China market and the company’s electrification transition. My decision is to revise my rating for Mazda Motor from a Hold previously…
Nilam Resources, Inc., a precious metal mining company with principal assets in Peru, has announced it is entering into a Letter of Intent (LOI) with Xyberdata Ltd. to acquire 24,800 bitcoin. This agreement involves acquiring 100% of the common stock of a special purpose entity named MindWave, to be established in Mauritius, which will hold the BTC along…
DNY59 We previously covered Anheuser-Busch InBev SA/NV (BUD) in November 2023, discussing its (still) impacted sales volume in the North American region, with losses intensifying as the management had to provide financial assistance to its wholesalers. Then again, we had maintained our Buy rating, with the management’s successful marketing efforts in other regions contributing to…
Liudmila Chernetska/iStock via Getty Images Investment Thesis PPG Industries, Inc. (NYSE:PPG) shares have gained about 11% over the last year. Although this stock has an attractive dividend policy and its growth metrics are very appealing, my midterm outlook of this stock is skeptical following its strategic review of North American architectural coatings. From a technical…
Justin Sullivan British American Tobacco p.l.c. (NYSE:BTI) (BATS) is the largest tobacco company in the world by revenue followed by Philip Morris International Inc. (PM) and Altria Group, Inc. (MO). The company has a rich history going back to the 19th century, and it has survived two world wars while still paying dividends to shareholders….
zorazhuang Plains All American Pipeline (NASDAQ:PAA) is an attractive distribution play for investors who want to gain a foothold in the master limited partnership space. The pipeline company generates more than half of its adjusted EBITDA from its fast-growing pipeline operations in the Permian basin and has very strong distribution coverage. Based off of the…
American Outdoor Brands, Inc. (NASDAQ:AOUT) Q3 2024 Earnings Conference Call March 7, 2024 5:00 PM ET Corporate Participants Liz Sharp – Vice President, Investor Relations Brian Murphy – President and Chief Executive Officer Andy Fulmer – Executive Vice President and Chief Financial Officer Conference Call Participants Aaron Wright – Lake Street Capital Markets Mike Zabran…
Pla2na/iStock via Getty Images Performance Assessment I’ve been the only bear on British American Tobacco (NYSE:BTI) (OTCPK:BTAFF) among Seeking Alpha analysts. Following my first ‘Strong Sell’ view on BTI, the stock underperformed the S&P 500 by 9.48% on a total shareholder return (TSR) basis, and also delivered an absolute TSR of -0.89%. In my second…
American Coastal Insurance Corporation (NASDAQ:ACIC) Q4 2023 Earnings Conference Call February 29, 2024 5:00 PM ET Company Participants Karin Daly – IR Daniel Peed – Chairman of the Board and CEO Bennett Bradford Martz – President Conference Call Participants Greg Peters – Raymond James Aryan Gupta – Eagle Eye Asset Private Limited Bill Dezellem –…
WilshireImages Introduction Around the end of summer, I wrote my first article on Seeking Alpha, which was about American Express (NYSE:AXP) (I recommend you take a look here). At that time, Amex’s stock was trading around $160, and I outlined a number of reasons why I believed the business would perform well over the long…
Khanchit Khirisutchalual/iStock via Getty Images Introduction British American Tobacco (NYSE:BTI) (OTCPK:BTAFF) gets a “Strong Buy” rating from Wall Street analysts and a “Buy” rating from Seeking Alpha analysts. The number of articles published here on Seeking Alpha, their readership, and the comments mostly indicate a bullish consensus. I totally understand why the stock is so…
Anglo American Platinum Limited (OTCPK:ANGPY) Q4 2023 Results Conference Call February 19, 2024 4:00 AM ET Company Participants Theto Maake – Head of Investor Relations Craig Miller – CEO Sayurie Naidoo – Acting CFO Hilton Ingram – Executive Head of Marketing PGMS Agit Singh – Executive Head of Processing Technical Wade Bickley – Head of…
Anglo American Platinum Limited (OTCPK:ANGPY) Q4 2024 Results Conference Call February 19, 2024 4:00 AM ET Company Participants Theto Maake – Head of Investor Relations Craig Miller – CEO Sayurie Naidoo – Acting CFO Hilton Ingram – Executive Head of Marketing PGMS Agit Singh – Executive Head of Processing Technical Wade Bickley – Head of…
monkeybusinessimages/iStock via Getty Images American Homes 4 Rent (NYSE:AMH) is, in my opinion, the premier single-family rental (“SFR”) REIT. It boasts multiple growth channels, including acquisitions, home rehabs, and its own internal, ground-up development platform. AMH is a top 40 homebuilder in the US, delivering 2,000+ new, high-quality rental homes into its portfolio annually. With…
olando_o/iStock via Getty Images As a proponent of an income compounding approach to dividend investing, I am often challenged with comparisons to a more traditional dividend growth strategy that focuses on dividend growth and total return. The concept of total return in the context of DGI (dividend growth investing) means price appreciation from an initial…
Phiwath Jittamas Shares of American Healthcare REIT (NYSE:AHR) have seen a successful public debut, as optimism about 2024 interest rate cuts provided some relieve among investors early into the year. While there has been optimism on rate cuts moving down a bit in recent weeks, shares were priced on the lower end of the preliminary…
Thai Liang Lim By Indrani De, CFA, PRM, Global Investment Research and Catherine Yoshimoto, Director, Product Management The Russell 1000 and Russell 2000 indexes (‘R1’ and ‘R2’) have mapped the US equity market successfully for four decades. But did you know the R1 gives you significant investment exposure to the global economy as well? US…
Bloomberg/Bloomberg via Getty Images Following Anglo American (OTCQX:NGLOY) (OTCQX:AAUKF) reset expectations in early December 2023, the company’s Q4 2023 realized commodity prices and operating performances align with previously communicated guidance. We can conclude that “No news is good news.” That said, Anglo is one of the largest diversified mining companies worldwide. It is headquartered in…
sankai British American Tobacco (NYSE:BTI) is a well-known dividend stock with a market cap of over $69 billion. Currently, BTI yields just above 9%, which stimulates a high interest from many yield-seeking and value investors. One of the main reasons why British American is able to offer so enticing current income levels is because there…
Anton Petrus/Moment via Getty Images Betting on the demise of the long-running leadership of US shares over foreign markets has been a losing proposition for some time, and the early going in 2024 suggests the trend persists. It’s only February, and so the new year is still ripe with opportunity, risk, and surprise. But judging…
mirza kadic Overview The US dollar (USDOLLAR,DXY) is trading lower against most currencies, but the intraday momentum indicators are stretched, suggesting the selling pressure may not be sustained through in North America today. December US personal income and consumption data was contained in yesterday’s Q4 ’23 GDP data, but the market want to see the…
spawns/iStock via Getty Images Despite the very large dividend payout, British American Tobacco p.l.c. (NYSE:BTI) has been a huge disaster for shareholders for a long time now. The company has been aggressively investing into cannabis and outlining plans to write down U.S. combustible brands in signs management fears the end game of the main business…
Lan Zhang Overview My recommendation for American Woodmark (NASDAQ:AMWD) is a hold rating as I await more visibility into the timing of turnaround for the AWMD repair and remodel (R&R) segment. While the current macro-dynamics favors new residential construction, the lack of resale housing has impaired R&R near-term growth. Management comments that provide little visibility…
Wirestock Shares of American Airlines (NASDAQ:AAL) skidded almost 10% on Friday after severe weather conditions forced U.S. airline companies to cancel a large number of flights. Obviously, flight cancellations mean lost revenue for airline companies, but the effects should prove to be temporary and not impair the long term value proposition of American Airlines. I…
La_Corivo Introduction Pan American Silver (NYSE:PAAS) is one of my favorite silver miners. Since Yamana’s acquisition, the company has added quality assets, considerably expanding its reserves and resource base. PAAS assets are in countries with relatively low political risk in the Western Hemisphere. Besides that, the revenue per country does not exceed 25%. 3Q23 production…
JamesBrey British American Tobacco (NYSE:BTI) carries a lot of appeal for many income-focused investors due to its defensive business model, sky-high dividend yield that’s well covered by earnings, and what appears to be an attractive valuation. However, I remain on the sidelines with this stock because I believe it faces serious long-term headwinds that could…
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…
Adene Sanchez Why Retail? Some will say they just don’t like retail. Munger and Buffett had arguments about this issue when Munger was a fan of Costco (COST), and Buffett wasn’t into it as much. I’d say Charlie was right. People don’t like retail because it’s hard to differentiate yourself from other competitors, and there…
JamesBrey Both Energy Transfer (NYSE:ET) and Plains All American Pipeline (NASDAQ:PAA)(NASDAQ:PAGP) are high-yield investment-grade midstream MLPs (AMLP) that have taken a very similar path in recent years. Both had BBB- credit ratings and had invested aggressively in growth when COVID-19 broke out and the energy industry nearly collapsed due to plunging energy prices. As a…