kelvinjay By James Smith, Chris Turner & Michiel Tukker Three scenarios for Thursday’s Bank of England meeting ING Markets aren’t fully buying the BoE’s new-found optimism Can the Bank of England diverge from the Federal Reserve on rate cuts? Bank officials – including Governor Andrew Bailey – have been not-so-subtly hinting that it can. We…
P_Wei It’s been six months since I last covered California land holding and development company Tejon Ranch (NYSE:TRC). At the time, I had grown somewhat less pessimistic about the firm’s prospects, raising my rating from “sell” to “hold”. Given the persistently higher levels of inflation, some investors are starting to look for inflation hedge securities…
Klaus Vedfelt/DigitalVision via Getty Images In my writing, I tend to focus on dividend-paying ETFs with strong yields, returns, and buy ratings. I sometimes write about weaker ETFs, to warn investors about their shortcomings and provide suitable alternatives. In this article, I’ll give a quick overview of three such ETFs. HYG – Expensive High-Yield Bond…
Smederevac A few months ago, I wrote an initiation article on the KraneShares China Internet & Covered Call Strategy ETF (NYSEARCA:KLIP). In my opinion, the limited upside/unlimited downside structure of the KLIP ETF was not appealing, despite the fund’s large headline distribution yields. With a few months gone by since my initiation article, I want…
mcdc/E+ via Getty Images Loma Negra (NYSE:LOMA) is facing many headwinds now. They accumulated a lot of debt in the past two years and used it for dividend payments. Now that the macroeconomic situation in Argentina is uncertain, causing market participants to wait for signs of improvement, the company is caught with high debt levels,…
NiseriN Introduction I saw the following news headline on Seeking Alpha and decided to look under the hood of TeraWulf Inc. (NASDAQ:WULF) (the “Company“). TeraWulf stock surges over 20% after highlighting low-cost status, debt repayment” While I am mildly bullish to neutral on Bitcoin (BTC-USD) (“Bitcoin“) in the short-term, I have been increasingly cautious on…
xefstock Over recent years, I’ve continually traded the extensive bond index ETF, Vanguard Total Bond Market Index Fund (NASDAQ:BND), which primarily owns longer-term US government bonds, with around a third of them exposed to investment-grade corporate bonds. I had a consistently bearish outlook from 2020 through 2023. In January, I published “BND: The 2024 Bond…
bankrx We are still following W. P. Carey Inc. (NYSE:WPC), a bit of a controversial real estate investment trust, or REIT, that has been undergoing substantial change. There are just so many question marks here, but most notably, in the just-reported earnings. Performance was slightly below expectations, and management is guiding for ongoing dispositions, with…
miniseries I last wrote on John Wiley & Sons (NYSE:WLY) in July 2023, and I saw many issues at that time; hence, I saw no buying opportunity in it, which turned out to be true. It has moved around 0.7% in these six months, and even now, I expect that it might not provide returns…
Justin Sullivan Another earnings, another “disaster,” as United Parcel Service (NYSE:UPS) stock has declined nearly 10% this week after its disappointing fourth-quarter earnings scorecard and forward guidance yesterday. UPS also suffered a blowout following its third-quarter earnings release, which I discussed in my previous update in November 2023. However, I also reminded UPS investors that…
manassanant pamai When looking at my personal portfolio it consists of different asset classes – real estate, stocks, and gold (to clarify, real estate is only the house I am living in as I don’t assume real estate being a good investment). And although I have covered gold from time to time, I mostly focus…
tadamichi The Calamos Dynamic Convertible and Income Fund (NASDAQ:CCD) invests in convertible and high-yield fixed income securities with the goal of generating returns through both capital appreciation and income. CCD typically invests at least 50% in convertibles and the fund seeks upside equity market participation with less downside exposure over a full market cycle. Currently,…
kadmy/iStock via Getty Images I last wrote at Seeking Alpha about one of the most popular cannabis stocks in the world, Canopy Growth (NASDAQ:CGC) almost a year ago in late January, calling it not a good stock for cannabis investors. The stock has declined 82.6% since then, and this is a lot more than the…
Sundry Photography Investment thesis I was very bullish about Enphase Energy (NASDAQ:ENPH) in 2023, but it did not age well as the stock price declined by 29% since my first thesis went live in May. The latest thesis, as of early September, aged slightly better but substantially underperformed the broader U.S. market. Today, I want…
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,…
5./15 WEST Introduction With 2023 now behind us, hopefully, 2024 will shape up to be a better year for us dividend investors. Some stocks were up during the year, but there were also some that didn’t do too well and were in the red. To be honest, though it was rocky for some, specifically the…
2d illustrations and photos Monroe Capital (NASDAQ:NASDAQ:MRCC) is a relatively small and unpopular BDC, which provides financing primarily to lower middle-market companies both in the U.S. and Canada. The most preferred investment types by MRCC are primarily associated with senior, unitranche and junior secured debt. According to MRCC’s investment policy, unsecured subordinated debt and equity…
DNY59 High-conviction Medical Properties Trust, Inc. (NYSE:MPW) investors have failed to lift MPW from its doldrums over the past two months since I downgraded the stock to a Hold. The caution is justified, as I reckoned the challenges that hampered MPW’s bullish thesis was more than just a hawkish Fed. I indicated that the market…
D-Keine Brookfield Infrastructure (NYSE:BIP) (NYSE:BIPC) is a high-quality global infrastructure-focused player. Its assets portfolio generates “contracted and regulated revenues,” providing holders with “predictable and stable cash flows.” It’s structured as an LP for holders choosing to invest in BIP or as a corporation for investors choosing to invest in BIPC. Brookfield Infrastructure is affiliated with…
DNY59 Warren Buffett’s recent significant stock sales and massive cash pile, warnings from a plethora of billionaire business tycoons, leading economists, indications from prominent investors such as Elon Musk and “The Big Short” Michael Burry, a number of prominent market valuation and macroeconomic models – all these suggest the market is overvalued and the economy…
tum3123 Whenever I come up with a macro investment theme, I like to use that theme as a guide to look for related investments. Recently, I got bullish on Emerging Markets (“EM”) for 2024, as the asset class has underperformed for over a decade. If the global economy holds up, I can see institutional investors…
Anastasiia Makarevich The end of the year is quickly approaching. As is almost a yearly tradition, many Seeking Alpha authors will present their lists with predictions for the new year. At the beginning of 2023, I also presented my own list. Not a list of assets to invest in, but quite the opposite: 7 investments…
Sergii Kolesnikov/iStock via Getty Images Richardson Electronics (NASDAQ:RELL) offers engineered solutions and microwave tubes worldwide. RELL recently announced weak quarterly results. I expect weakness in the near term due to various headwinds like high inventory levels. In addition, its technical chart looks weak. So I think it would be wise to ignore it. Hence, I…
anyaberkut Almost a year ago, I wrote a cautious initiation article on the Clough Global Opportunities Fund (NYSE:GLO), arguing that the fund’s 19.8% distribution yield was likely unsustainable given poor investment performance. Since my article, the GLO fund has dramatically slashed its distribution, from $0.0943 / month to $0.0483 / month. Given the dramatic 49%…
AzmanJaka/E+ via Getty Images Netflix (NASDAQ:NFLX) is one of the world’s largest entertainment companies and continues to be the world leader in the global video streaming market. The company delights tens of millions of viewers with an extensive library of films, anime, documentaries, and such popular TV series as Wednesday, House of Cards, The Witcher,…
NicoElNino Investment Thesis The Invesco S&P 500 Low Volatility ETF (NYSEARCA:SPLV) has struggled this year, declining by 6.34% through Q3, and is now 8% behind its larger peer, the iShares MSCI USA Min Vol Factor ETF (USMV). As detailed in my last review, SPLV has historically underperformed USMV 75% of the time, and since I…
taikrixel Algonquin Power & Utilities Corp. (NYSE:AQN) investors have witnessed the worst hammering despite some respite in early 2023. However, that early momentum was lost as sellers returned in May 2023. My caution in late March was timely, as I urged investors not to chase further upside, as it seemed priced in. As such, while…
1001Love/iStock via Getty Images Introduction The last and only time I wrote about The Walt Disney Company (NYSE:DIS) was in July 2023, when I argued that the stock needed a catalyst to finally turn around and move away from its long-term downtrend. Seeking Alpha, my past coverage of DIS Since the beginning of this year,…
Receive free US politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest US politics & policy news every morning. The US Congress has voted to avert a government shutdown, after lawmakers agreed a last-minute measure that keeps the government funded until mid-November but leaves out billions of dollars…
domin_domin About a year ago, I wrote a cautious article on the Allspring Global Dividend Opportunity Fund (NYSE:EOD). Although the EOD fund had earned modest 10Yr average annual returns of ~3%, it was paying an 11% distribution yield. The gap between the fund’s earnings power and distribution was unusually wide and I worried that the…
Lemon_tm Introduction It’s time to talk about one of the most iconic companies in the world, The Coca-Cola Company (NYSE:KO). Founded in 1892, the company has grown into a giant with a market cap of $250 billion. Headquartered in Atlanta, Georgia, the company has been a cornerstone of millions of dividend portfolios, thanks to its…
lechatnoir Southland Holdings (NYSE:SLND) works in the infrastructure construction business. SLND posted its Q2 FY23 results. I will review their Q2 FY23 results. I think SLND is overvalued, and the technical chart is bearish. Hence, I assign a hold rating on SLND. Financial Analysis SLND posted its Q2 FY23 results. The revenue for Q2 FY23…
pidjoe “Our wisest long-term investment is not in the dirty polluting fossil fuels from the past, but in the clean energy of the future.” – London Breed Clean energy has always been one of the more interesting parts of the marketplace to focus on, and often times is also one of the most disappointing. Energy…
mcsilvey Griffon Corporation (NYSE:GFF) provides home and building products worldwide. GFF posted disappointing Q3 FY23 results. I will review its Q3 FY23 results in this report. The housing market in the U.S. is not doing great, and I think this might affect the company. In addition, its growth hasn’t been impressive compared to its peers….
Nick Heinemann/iStock via Getty Images Braemar Hotels & Resorts (NYSE:BHR) should not have the dire total returns it does, down 20.6% since the start of 2023 and sporting a steeper 70% loss over the last 5 years. I last covered this REIT early this year. The REIT focuses on full-service luxury hotels and resorts with…
Receive free Argentina updates We’ll send you a myFT Daily Digest email rounding up the latest Argentina news every morning. Argentina and the IMF have agreed a last-minute deal to prevent the troubled South American economy entering into arrears with the fund, offering some stability ahead of October’s crucial presidential elections. After three months of…