yalcinsonat1/iStock via Getty Images Elevator Pitch I rate Tencent Music Entertainment Group (NYSE:TME) [1698:HK] stock as a Buy. Previously, I touched on the prospects of TME’s music business and the company’s capital return in my January 11, 2024 write-up. The current update analyzes Tencent Music Entertainment’s latest Q1 2024 financial performance, and also evaluates TME’s…
Sundry Photography/iStock Editorial via Getty Images Elevator Pitch I have a Buy investment rating for Aptiv PLC (NYSE:APTV) shares. My prior article written on November 18, 2023 drew attention to the United Auto Workers strike’s effects and the company’s profitability outlook. This current update reviews Aptiv’s most recent quarterly financial performance and its shareholder capital…
Douglas Rissing/iStock via Getty Images The Axon Enterprise Investment Thesis Almost a year ago, in late May 2023, I wrote my first article about Axon Enterprise, Inc. (NASDAQ:AXON). Then, as now, I was enthusiastic about the business model, which binds perfectly customers into the ecosystem through high switching costs and outstanding functionality. Plus, I like…
Marina113 Elevator Pitch Renault SA (OTCPK:RNSDF) [RNO:FP] is still rated as a Buy. My earlier write-up, published on September 11, 2023, highlighted that Renault’s “Ampere and Alpine businesses put the company in a good position to benefit from a greener and electric future.” With this update, my attention turns to RNSDF’s first quarter top-line performance,…
Daria Nipot Article Thesis Amazon.com, Inc. (NASDAQ:AMZN) reported strong first-quarter earnings results. The company beat estimates easily and margins improved nicely. While the Q2 revenue growth outlook was worse than expected, Amazon’s performance is still appealing from an operational perspective. On the other hand, the stock is far from cheap today; thus, investors should consider…
kuremo/iStock Editorial via Getty Images Sega Sammy (OTCPK:SGAMY)(OTCPK:SGAMF) is one of our favourite ideas in the gaming space, which we’ve been covering for a year now. In our last article we focused on Pachinko, but now we are focused on the gaming and entertainment segment, which has been the reason for underperformance. We like Sega…
winhorse/iStock Unreleased via Getty Images Elevator Pitch Nomura Holdings, Inc. (NYSE:NMR) [8604:JP] shares are rated as a Buy, My earlier write-up published on February 1, 2024 analyzed Nomura Holdings’ Q3 FY 2024 (YE March 31, 2024) financial performance. I preview NMR’s Q4 FY 2024 financial results and assess the growth outlook for the company’s Americas…
Paper Boat Creative Quant Investment research and stock picks come from many places, but not all resources are created equal. Computer-driven strategies – the power of quantitative analysis and collecting and analyzing numerical data in a fraction of the time – offer investors the opportunity to instantly evaluate stocks to help avoid companies with poor…
Dean Mitchell Above: Something for everyone works – proof of a business model As Netflix, Inc. (NASDAQ:NFLX) approaches its Q1’24 earnings release this week, the market sentiment whether it reports a meet, beat, or miss comes down to this: If subscriber growth is up, margins are strong, and average revenue per user ticks up, it’s…
Dmitry Presnyakov/iStock Editorial via Getty Images Elevator Pitch My investment rating for Geely Automobile Holdings Limited (OTCPK:GELYF) (OTCPK:GELYY) [175:HK] is a Buy. The company’s most recent fiscal year financial results beat expectations, with its earnings exceeding the consensus projection by +7%. Looking forward, I see multiple re-rating catalysts for the stock relating to future sales…
gorodenkoff Elevator Pitch I rate HUYA Inc. (NYSE:HUYA) shares as a Buy. My prior November 15, 2023 write-up reviewed HUYA’s financial performance for the third quarter of last year. The current update analyzes HUYA’s recently announced Q4 2023 financial numbers. I have decided to upgrade my investment rating for HUYA to a Buy. I am…
andresr Elevator Pitch My rating for Tile Shop Holdings, Inc. (NASDAQ:TTSH) stock is a Buy. Earlier, I touched on positive corporate developments for TTSH in my previous update written on September 21, 2023. This latest write-up reviews Tile Shop’s most recent quarterly financial results. TTSH’s Q4 2023 EBITDA surpassed expectations, and I think that the…
undefined undefined Summary Following my coverage of Driven Brands Holdings (NASDAQ:DRVN), for which I recommended a hold rating as I wanted to monitor the business’s ability to improve margins over the next few quarters, this post is to provide an update on my thoughts on the business and stock. I am now upgrading my rating…
ClaudineVM Elevator Pitch I have a Buy investment rating for Stericycle, Inc. (NASDAQ:SRCL) shares. Earlier, I wrote about Stericycle’s growth outlook for the long run and its inorganic growth potential in my previous write-up published on November 15, 2023. For the current update, the focus is SRCL’s latest quarterly financial performance and the company’s guidance…
SOPA Images/LightRocket via Getty Images Elevator Pitch I continue to assign a Buy investment rating to Envestnet (NYSE:ENV) shares. My previous November 21, 2023 write-up drew attention to ENV’s favorable corporate developments. I assess Envestnet’s most recent quarterly financial performance with this latest article. Envestnet recorded an impressive +23% bottom line beat for Q4 2023….
SOPA Images/LightRocket via Getty Images Elevator Pitch I rate ACV Auctions Inc. (NASDAQ:ACVA) stock as a Buy. In my previous September 12, 2023, write-up, my focus was on ACVA’s growing market share, the stock’s valuations as compared to peers, and the change in consensus estimates for the company. I touch on ACV Auctions’ Q4 2023…
DutchScenery A lot of times with common durable goods, we just take them for granted and don’t ask where they come from, who made them, or what the business surrounding that manufacture looks like. A prime example of this is school buses. Today we’ll be looking at a long-time school bus manufacturer, Blue Bird Corporation…
Araya Doheny/Getty Images Entertainment Article Thesis Meta Platforms (NASDAQ:META) reported strong quarterly results and announced that it would begin paying dividends on top of that. The market reacted very positively to this news. While shares are not as inexpensive as they used to be, Meta Platforms remains a strong high-quality growth pick. What Happened? We…
AT&T Stock Jumps On Strong Earnings Report Brandon Bell AT&T (NYSE:T) just released its fiscal fourth quarter (Q4) earnings. The release showed 2.2% revenue growth and 4.9% growth in free cash flow. Diluted EPS of $0.54 was down 11.4%, however, much of it was a $0.18 actuarial loss on employee benefit plans. Such losses will…
Justin Sullivan I’ve written a ton about SoFi (NASDAQ:SOFI). I don’t know if I have ever been more confident that they will beat quarterly and annual expectations than I am right now. One week from today on January 29 they will report Q4 earnings and give full year 2024 guidance. Let’s look at Q4 and…
Nikada/E+ via Getty Images My Thesis I think L’Oréal (OTCPK:LRLCF) is one of the highest-quality businesses in the world. At the right price, I would buy it like it’s Black Friday. The combination of diversification among different growing markets, high and stable margins, high returns on capital, advantages to size, barriers to scale, family-owned business,…
hapabapa Micron Technology, Inc. (NASDAQ:MU) stock has put up an impressive rally, surging by 70% after bottoming in late 2022. Micron had a challenging phase due to the economic slowdown and other macroeconomic factors. Its revenues crashed by 50% during the brutal tech-market earnings-recession phase, a dynamic further exacerbated by China chip bans and other…
Khanchit Khirisutchalual The last several years have been difficult for an emerging cloud company like Elastic (NYSE:ESTC). Like most rapidly growing, unprofitable companies, high inflation, war, supply chain disruptions, and other problems that ravaged a post-pandemic economy hurt the company’s fundamentals. Things only got worse when cloud customers of all sizes decided to optimize cloud…
wellesenterprises Article Thesis Oracle Corporation (NYSE:ORCL) has announced its most recent quarterly earnings results on Monday, and the market reacted very negatively to these results on Tuesday, with shares slumping by more than 10%. Considering the fact that the company outperformed profit estimates, that seems like an overreaction. With a reasonable valuation, Oracle looks solid…
J. Michael Jones We have had a hold rating on Ollie’s Bargain Outlet Holdings, Inc. (NASDAQ:OLLI) stock after converting trading gains into a long-term house position. The stock has moved mostly sideways since that call. We think a Hold rating is still appropriate given the growth and valuation mix here. The stock has been good…
ipuwadol/iStock via Getty Images The Company UiPath Inc. (NYSE:PATH), founded in 2005 and headquartered in New York, is a leading $10-billion market cap provider of robotic process automation (RPA) solutions. The company’s end-to-end automation platform combines artificial intelligence, visualization tools, and low-code development environments to streamline and manage business processes. UiPath serves diverse sectors, including…
Jack Ma Michael Loccisano Alibaba Group Holding Limited (NYSE:BABA) just released its fiscal third quarter earnings. The release was approximately in line with estimates on revenue and ahead of estimates on earnings per share (“EPS”). The release showed 27% growth in free cash flow, and included updates on Alibaba’s operational priorities and ongoing spinoff of…
tianyu wuThe majority of XLB’s holdings are companies dealing with the extraction, production, processing, and distribution of chemicals at 68% of the fund, with companies that mine and work with metals next at 15%, containers and shipping at 9% and construction at 6%. This is the same distribution as the Index XLB tracks. Given this…
Beat and a miss Tech earnings are beginning to pour in and the market is watching. That’s because the largest tech companies in the S&P 500 (SP500), like the Magnificent 7, have been responsible for the majority of the index’s 11% YTD advance, which stalled in September and is still looking for its next catalyst….
Brian Moynihan Speaks At Georgetown University Drew Angerer Bank of America Corporation (NYSE:BAC) just released its fiscal third quarter earnings. The release beat on revenue and as well as on EPS. Going into the release, analysts were expecting the following: $25.07 billion in revenue. $0.82 in earnings per share (“EPS”). Relative to these expectations, BAC’s…
Joe Raedle/Getty Images News American Airlines Group Inc. (NASDAQ:AAL) is expected to report FQ3 2023’s earnings pre-market on Thursday, October 19th. Analysts expect the company to report earnings of 26 cents per share on the back of $13.54 billion in revenue. Should American Airlines meet these numbers, it’d represent a massive EPS decline of 62%…
jetcityimage UnitedHealth Group Incorporated (NYSE:UNH) is expected to report its Q3 results pre-market on Friday, October 13th. I am not the most superstitious but that gave me a chuckle. Friday, the 13th in the Halloween month. That naturally begets the question, will UnitedHealth’s earnings spook the market? UNH Earnings Preview (Seekingalpha.com) My most recent coverage…
Justin Sullivan Nvidia (NASDAQ:NVDA) really did and went ahead to pull off a 101% y/y increase to fiscal second quarter revenues, beating its blockbuster guidance to push the stock above $500 a piece in post-market trading. The monstrous quarter was driven primarily by robust AI demand in data center sales – particularly the deployment of…
Arx0nt Like so many small cap stocks, Red Robin Gourmet Burgers, Inc. (NASDAQ:RRGB) has had a rough August 2023. Month to date, through August 21, 2023, the Russell 2000 (IWM) is down 147 points, which translates to a sharp 7.3% decline. August is traditionally a lower volume month and a time for summer vacations. This…
RealPeopleGroup Quick-Recap On Q2 Results I believe the bullish case remains intact for Frontdoor (NASDAQ:FTDR) despite some challenges over softening consumer spending and paid user conversion on the new FTDR apps. FTDR reported exciting 2Q results, achieving its fourth consecutive beat on EPS by $0.32 and surpassing revenue expectations by $9.74 million. The company also…
HeartBeam, Inc. (NASDAQ:BEAT) Q2 2023 Earnings Conference Call August 10, 2023 4:30 PM ET Company Participants Branislav Vajdic – Founder & Chief Executive Officer Robert Eno – President Richard Brounstein – Chief Financial Officer Conference Call Participants Ben Haynor – Alliance Global Partners Operator Greetings and welcome to the HeartBeam Second Quarter 2023 Financial Results…
peterschreiber.media The S&P 500’s selloff over the last week heading into yesterday’s CPI print caused bullish sentiment to dip a little. Compared to last week when 49% of respondents to the weekly AAII survey reported as bullish, this week only 44.7% reported as such. That is the weakest reading on optimism in a month, but…
Just_Super Arista Networks (NYSE:ANET) reported a very strong second quarter and announced guidance for the 3rd quarter, both of which were ahead of FactSet consensus. This reinforces a key tenet of my investment thesis: that the market will continue to underestimate the growth potential of this company and earnings upgrades will continue and drive value…