The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will develop regulatory technical standards. Under…
ElsvanderGun Investment Thesis One of the goals of active investing for any value investor is to find great companies that will outperform the market over time. Taking a note out of Peter Lynch’s approach: to pay attention to popular trends in your everyday life, The Cheesecake Factory (NASDAQ:CAKE) is a popular restaurant chain that is…
Stuart Franklin/Getty Images News Investment Thesis I take the view that Volkswagen AG has the capacity for an upside to $18 based on strong growth in demand across the company’s electric vehicle offerings. In a previous article back in June 2022, I made the argument that Volkswagen AG (OTCPK:VWAGY) has the capacity for upside going…
buzbuzzer/iStock via Getty Images Business Overview In my opinion, Rush Enterprises, Inc. (NASDAQ:RUSHA) doesn’t get enough praise or attention from investors. This is a business that has been around since the 60s, has been public since 1996 and over the last 20 or so years, the stock has had a CAGR of 15-20% depending on…
da-kuk Last July, I was attracted to IonQ, Inc. (NYSE:IONQ), but warned investors about three major risks which forced me to initiate coverage with a hold rating despite falling in love with the company’s story. IONQ stock is down 30% since then. I reiterated my hold rating in October as I thought the company was…
audioundwerbung Note: I have covered Plug Power Inc. (PLUG) previously, so investors should view this as an update to my earlier articles on the company. Following the company’s annual business update call on Tuesday, beaten-down shares of struggling fuel cell systems, electrolyzer solutions, and green hydrogen provider Plug Power Inc. or “Plug Power” staged a…
Tramino/iStock Unreleased via Getty Images Strong Auto Sales Push Stellantis’ Stock Higher Stellantis (NYSE:STLA), a global automotive powerhouse formed through the merger of Fiat Chrysler Automobiles and Peugeot S.A., has positioned itself as a significant player in the rapidly evolving automotive industry. Since we last covered Stellantis, the stock has delivered a total return of…
Monty Rakusen Back in July, I placed a “Sell” rating on the ARK Innovation ETF (NYSEARCA:ARKK) run by portfolio manager Cathie Wood, saying it looked like a gambling person’s type of portfolio. I reiterated the rating in October. The ETF is up 8% since my initial write-up, in line with the S&P 500 over the…
Leonhard Simon/Getty Images News China EVs are a highly contested investment theme with extremely choppiness, which I believe ultimately ends in upside BYD (OTCPK:BYDDF) (HK-1211) is one of the top relative outperformers in China’s landscape in calendar year 2023, where the majority of technology names capitulated 10-20% losses in another year where the Hang Seng…
XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. XRP has shown little or no action of late but its luck may just be about to change, according to popular crypto analyst JD. JD’s submission is based on a historical…
Boyaa Interactive, a Hong Kong-based gaming company, revealed plans for a potential investment in cryptocurrencies, including Bitcoin, as this endeavor seeks to enhance the Group’s asset allocation strategy. Following an earlier voluntary announcement in August 2023, Boyaa’s Board views BTC and crypto acquisition as pivotal for its business expansion and asset allocation strategy. The company…
kenneth-cheung The Compagnie Générale des Établissements Michelin (OTCPK:MGDDF; OTCPK:MGDDY) share might be known mainly because of the well-known lettering with the famous Michelin mascot. The French tire manufacturer is a traditional company from Europe. The company’s history dates back to 1889. Today, the company generates most of its revenue from the sale of tires for…
Jorge Aguado Martin Back in mid-July, I placed a “Hold” rating on Block (NYSE:SQ), saying that while it’s been posting solid growth and its valuation has become more attractive, there were still a lot of questions about competition, the macro environment, and its Cash App business metrics. Since then, the stock has fallen about -17%….
The latest data from CoinMarketCap has indicated an unsettling calm in BTC/USD trading over the weekend, with the market experiencing an 11% decline in a span of just seven days. Bitcoin (BTC) remains perched above the $26,000 mark, creating an air of uncertainty in the crypto market which has been recording a broad-based selloff in…