Yauhen Akulich/iStock via Getty Images In the context of where Treasury rates have been in the last fifteen years, the current >4.5% for longer-duration bonds might seem attractive enough to lock in via a vehicle like the SPDR Portfolio Long Term Treasury ETF (NYSEARCA:SPTL). But unlike individual bonds that can be held to maturity and…
On a Q1 earnings call yesterday, Alliance Resource Partners, a coal mining company worth $2.8 billion that trades under the ticker ARLP on the Nasdaq, reported that it’s mining bitcoin and currently holding 425 BTC on its balance sheet. Nasdaq listed Alliance Resources $ARLP, a $2.8b coal mining company, is mining #bitcoin, and currently holds…
A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet. The nonprofit organization 2B4CH aims to hold a national referendum to amend Switzerland’s constitution to require the central bank to hold Bitcoin. BREAKING: 🇨🇭Bitcoiners to launch a petition for Swiss…
Pauws99/iStock Editorial via Getty Images Note: I previously covered Hafnia (OTCQX:HAFNF). In my last take, I discussed the clean tankers market and the company’s strengths (fleet, balance sheet, and attractive dividends). In today’s analysis, I dissect the last earnings report, update Hafnia’s valuation, and review its rating. Fleet Hafnia owns 116 vessels (10 LR2, 31…
jetcityimage Investment Thesis The 3M Company (NYSE:MMM) has had a rough last couple of years that have been stained by legal battles that have resulted in large legal settlements such as a $6 billion lawsuit related to the sale of defective earplugs and a $10.3 billion lawsuit related to damage caused to U.S. drinking water…
Editor’s note: Seeking Alpha is proud to welcome Bullish Insights as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Khanchit Khirisutchalual Investment Thesis In today’s dynamic market landscape,…
Kevin Dietsch The Fed concluded their second FOMC meeting of the year on March 19th. The official Policy Statement contained two Policy Decisions: The Fed will maintain the Fed Funds Rate at the target range of 5.25% to 5.50% The Fed will continue reducing holdings of its Treasury securities and MBS as previously announced. The…
William_Potter Investment Thesis Vanguard Mega Cap ETF (NYSEARCA:MGC) warrants a buy rating due to its low-cost ability to capture strong returns of mega-cap, big tech holdings including the “Magnificent Seven.” Additionally, MGC can achieve this quality while offering the greatest diversification of compared, peer mega-cap funds while also seeing the lowest relatively volatility and greatest…
tadamichi Last week may have marked a pivotal moment in this bull market cycle, and it is not because the S&P 500 finished lower for the week for only the third time in the past 19 weeks. On the contrary, there was an abundance of good news. A stellar jobs report for February showed continued…
bjdlzx California Resources (NYSE:CRC) announced a merger with Aera Energy. This merger was possible because California Resources kept the debt low. Therefore, acquiring a higher debt company like Aera was not going to be a traumatic experience for shareholders. Combining the two companies should produce some cost savings through a larger company rather than two…
FuzzMartin Thesis I believe B. Riley Financial, Inc. (NASDAQ:RILY) is in a precarious position with further downside to go because: RILY’s core business is in a risky solvency position. The company has a negative tangible book value yet is trading above book value. Short interest is high, but I believe a squeeze is unlikely until…
Viorika International Money Express (NASDAQ:IMXI) looks like a strong addition to portfolios looking for stable growth and relatively low risk at this time. The company’s shares look undervalued to me despite P/E ratio concerns, and profitability weaknesses could be eased through operational shifts. Operations International Money Express, or Intermex, is a specialist in money remittance…
Bruce Bennett/Getty Images News Investment Thesis Wendy’s (NASDAQ:WEN) is one of the largest quick-service restaurants and fast food chains in North America that is known for their burgers, sandwiches, and other food items. Founded almost 55 years ago, the company expanded rapidly in the 70s and 80s and now has over 7000 locations. Today, it’s…
Henrik5000 By Michael Barclay How does a high-rate environment affect dividend investing? Senior Portfolio Manager Mike Barclay explains how dividend-paying stocks may be affected by a higher interest rate environment and identifies areas of opportunity. Transcript During 2023, the higher rate environment was a source of competition for the equity income category. While it’s great…
kate_sept2004/E+ via Getty Images Investment Thesis LifeMD, Inc. (NASDAQ:LFMD) is a telehealth company that provides online healthcare services, specializing in men’s health and weight management. Recently, their prospects have gained traction on the back of their success in the GLP-1 weight management program. For now, business is clearly growing at a rapid rate and is…
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…
Fokusiert Investment Thesis I last covered the Invesco S&P 500 GARP ETF (NYSEARCA:SPGP) in June 2023, cautioning readers against an investment due to its high exposure to volatile Energy and Material stocks. Despite these risks, SPGP proved solid, gaining 9.49% and matching the gains of the SPDR S&P 500 ETF (SPY). Since it began tracking…
PixelsEffect A logical pick cut in half There haven’t been many, if any drawdowns of this caliber to grab Pfizer (NYSE:PFE) -50% off highs. The company is down for good reason, investment in the Covid Vaccine solutions has left the company behind from an R&D perspective. While products related to MRNA Covid vaccines continue to…
carterdayne Intro We wrote about West Fraser Timber Co. Ltd. (NYSE:WFG) in July of this year when we stated that momentum would continue in the lumber company after its second-quarter earnings results. Although the company’s Q2 earnings miss prompted a temporary topping out in the stock price, West Fraser’s convincing Q3 earnings beat which was…
We Are/DigitalVision via Getty Images Investment Action I recommended a buy rating for Rogers Communications (TSX:RCI.B:CA) when I wrote about it the last time, as I expected valuation to improve as RCI EBITDA grows and it de-levers its balance sheet. Based on my current outlook and analysis of RCI, I recommend a buy rating. RCI’s…
Phillip Faraone/Getty Images Entertainment Numbers matter, especially financials. Some in the media are reporting that Paramount (NASDAQ:PARA) doesn’t have enough cash and will go bankrupt next year, neglecting to mention the cash Paramount will get from the Simon & Schuster sale and Paramount’s revolving line of credit. Could Paramount’s balance sheet be a lot better?…
Nikada/iStock Unreleased via Getty Images Overview As someone that’s built a hybrid portfolio around growth and income, I like to optimize my holdings around a specific criteria. There needs to be a certain level of price appreciation, dividend growth, or income being provided to justify a long term hold. Although Apple (NASDAQ:AAPL) isn’t traditionally favored…
GameStop gives CEO complete control to buy stocks from the company’s cash books, however, analysts have given a major red flag on this. Gaming retailer GameStop Corp (NYSE: GME) is taking a shift in its approach while allowing its CEO and chair Ryan Cohen to gain even more control in these struggling times. This includes…
blackred Arrowhead Pharmaceuticals, Inc. (NASDAQ:ARWR) reported fiscal Q4 2023 results and provided a pipeline update this week. It was a generally upbeat update, with the company reporting positive preclinical toxicology results for ARO-RAGE and ARO-MMP7 with sufficient margins to allow the start of phase 2 trials in patients. However, that did not stop the stock…
4kodiak/iStock Unreleased via Getty Images As I write this Friday evening, e-commerce giant Amazon (NASDAQ:AMZN) is seeing labour strikes across countries. This is hardly an isolated event. As I had mentioned recently in the context of the banner EV company Tesla (TSLA), which has faced its own discontent from labour in Sweden, industrial action is…
FG Trade/E+ via Getty Images At a Glance In a follow-up to my previous analysis where I recommended a “Hold” stance on MannKind Corporation (NASDAQ:MNKD), the latest financial quarter reveals some pivotal developments. Revenues have seen a notable increase, primarily fueled by strategic partnerships and an expanded product line featuring Tyvaso DPI. The FDA’s approval…
da-kuk The case for China entering a ‘balance sheet recession’ (a la Japan) is stronger than ever, following a slew of poor economic data in recent months and a faltering property market. Perhaps the best rebuttal against a prolonged downturn is China’s money supply growth, which continues to run in the double digits (+10.3% YoY…
Editor’s note: Seeking Alpha is proud to welcome Noah Cox as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » jetcityimage Investment Thesis Regional banks (and banks in general)…
SeventyFour Thesis Gold Fields (NYSE:GFI) is one of the major gold miners. It has operations in six countries across four continents. African and Australian assets contribute over 80% of annual output and cash flows. In H1, Gold Fields reported a 4% year-over-year decline in gold production, while AISC jumped 6% to $1,215/oz, hit by skilled…
BalkansCat/iStock Editorial via Getty Images Thesis Toronto-Dominion Bank (NYSE:TD) is the second-largest bank in Canada. Its balance sheet is neat and clean, with adequate liquidity to weather potential economic downturns. Typical for Canadian banks, TD has paid dividends even during crises such as GFC 2008. Its business is well diversified geographically between the US and…
chiewr Thesis Hercules Capital (NYSE:HTGC) is an exciting income investment offering a 10% yield, a robust balance sheet, and strong growth prospects. The company is uniquely positioned in the venture capital industry. It has two advantages: it is internally managed and debt-focused. The former is a rare bird in the VC business. Being a managed…
According to BIS research, 93% of central banks across the world are investigating the feasibility of issuing CBDCs. The Hong Kong Monetary Authority (HKMA) and the Bank of Israel (BOI) have partnered to address the privacy concerns associated with central bank digital currencies (CBDCs). This is according to a joint report titled “Project Sela –…
Along with holding Bitcoins on its balance sheet, Bitfinex also supports Bitcoin Layer 2 networks, such as the Lightning Network and the Liquid Network. Similar to some of the big corporates, crypto exchange Bitfinex announced that it’s holding Bitcoins on its balance sheet. Bitfinex has a longstanding practice of retaining a portion of its trading…
Hailshadow The Decline of Humira For the first seven years of AbbVie’s (NYSE:ABBV) existence as a public company, its top selling drug Humira made up over 60% of the company’s total sales on average. By some accounts, based on cumulative sales since its launch in 2003, Humira has been the top selling drug of all…
CiydemImages SBLK’s Dry Bulk Investment Thesis Remains Viable, Despite The Normalized TCE Rates We previously covered Star Bulk Carriers (NASDAQ:SBLK) in May 2023, discussing its mixed prospects thanks to China’s uncertain iron ore demand recovery. While we might have rated the stock as a Buy, we had also cautioned investors that the economic downturn was…
da-kuk Broadcom’s (NASDAQ:AVGO) strategy of AI driving growth while it continues to buy expensive companies to generate growth may not be a promising idea given the state of the company’s balance sheet and the interest rate environment. We would avoid the stock and detail our thesis below. Broadcom – The business Broadcom sells semiconductor and…
UmbertoPantalone In late December, I recommended Vir Biotechnology, Inc. (NASDAQ:VIR) as a speculative Buy due to its long-term cash availability, experienced management team, collaborations with significantly large commercial companies such as GSK and progressing pipeline. The company has recently released its Q2 2023 earnings report. Biotechnology firm stocks are hugely sensitive to news updates rather…