pixhook/E+ via Getty Images Investment thesis Blackstone’s (NYSE:BX) stock has almost doubled in price in 2023, but 2024 has been bumpy so far, with a notable YTD pullback. My analysis suggests that the pullback is likely to be temporary because fundamentals keep improving, and the company continues demonstrating strong growth in assets under management and…
monsitj Investment Thesis Fortive Corporation (NYSE:FTV) should continue to deliver good revenue and margin growth moving forward. The company’s revenue growth should benefit from continued strength in its Intelligent Operating Solutions and Advanced Healthcare Solutions segments. While the Precision Technologies segment has seen some weakness over the last few quarters, some green shoots like stabilizing…
sanjeri/E+ via Getty Images Investment Thesis Veeva Systems Inc. (NYSE:VEEV) helps streamline processes, improve collaboration, and ensure compliance with industry regulations. The business is highly entrenched and returning to attractive growth once again. Furthermore, I make the case that paying 32x forward non-GAAP operating profits for Veeva is attractively priced. Simply put, with more than…
da-kuk Investment thesis Our current investment thesis is: RPD appears to be cheap exposure to the cybersecurity industry, which is currently experiencing a long-term tailwind, with mass adoption and significant innovation. RPD appears at the forefront of this, already cloud-capable with a broad integration base, with development in the areas of machine learning and behavioral…
Ilja Enger-Tsizikov The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) is a closed-end fund that investors can employ in order to generate a high level of income from the assets in their portfolios. The fund has an 8.65% current yield, so it certainly does this job reasonably well, although this yield is…
FatCamera/E+ via Getty Images Investment thesis CareTrust (NYSE:CTRE) has a solid track record of success with 18% rental revenue CAGR over the last decade and the operating margin doubling as the business scaled up. The company is benefiting from the secular demographic trend of the rapidly aging U.S. population and the ability to capture secular…
Trygve Finkelsen Investment Thesis ESAB Corporation (NYSE:ESAB) is experiencing good demand for its equipment and automation product solutions driven by its good execution including leveraging new product offerings through investments in marketing, advertising, and sales training. In addition, the company’s revenue growth is poised to benefit from good end market demand fueled by secular trends…
Justin Sullivan/Getty Images News Levi Strauss (NYSE:LEVI) is fresh off their Q3 earnings release. In my last update following the Q2 print, I noted that much of the downside was already priced into the stock following a 8% decline immediately post-release. Shares have indeed traded flat since that update despite a 3% drop in the…
krblokhin Earnings of Camden National Corporation (NASDAQ:CAC) will most probably decline this year because of margin shrinkage. On the other hand, subdued loan growth will offer some support to the bottom line. Overall, I’m expecting Camden National to report earnings of $3.39 per share for 2023, down 19% year-over-year. Compared to my last report on…
Dragon Claws All values are in CAD unless noted otherwise. We covered Killam Apartment REIT (OTC:KMMPF) in July of this year and came away with neutral sentiments on it. We liked the risk management and staggered debt maturities of this primarily apartment REIT. The record breaking immigration numbers in Canada turbo charged its net operating…
Lisa Lake/Getty Images Entertainment The Cigna Group (NYSE:CI) is pretty much trading flat over the last year: Data by YCharts This poses the question, if the company is currently attractively valued and might therefore be a good investment. SWOT Analysis To summarize the most important components of Cigna’s business and to get a grasp of…
Wolterk Introduction After publishing my first article on Humana Inc. (NYSE:HUM) titled “Humana: Recent Selloff Might Present A Buying Opportunity“, this will be the second article of my three-part series where I want to start coverage of three big health insurance providers in the U.S.: Humana Inc., UnitedHealth Group (NYSE:UNH) and Cigna Group (NYSE:CI). This…
Evkaz/iStock via Getty Images In the coming days, the management team at Kennametal (NYSE:KMT), an enterprise that’s focused on the production of tooling and metal cutting products, as well as of infrastructure products like ceramic components and earth cutting tools, is expected to announce financial results covering the final quarter of the company’s 2023 fiscal…