Andrii Yalanskyi/iStock via Getty Images Article Thesis The broad market was up strongly during the first quarter of the current year, but not all stocks participated. In this article, we will take a look at the three biggest laggards and the reasons for their underperformance in order to evaluate whether they could be positioned for…
MONETARY DEBASEMENT Debasement refers to the action or process of reducing the quality or value of something. When talking about fiat currencies, debasement traditionally refers to the practice of reducing the precious metal content in coins while keeping their nominal value the same, thereby diluting the coin’s intrinsic worth. In a modern context, debasement has…
PM Images The market continues to rally in 2024 as the S&P 500 is up 7.42%, and the Nasdaq has climbed 7.15% YTD. While the bears think the Nasdaq above 16,000 and the S&P above 5,000 are unsustainable, we could very well be in the early innings of a multi-year bull cycle. Corporate earnings continue…
IvelinRadkov Intro We wrote about Adient plc (NYSE:ADNT) back in May of last year when we stated that ongoing macro uncertainty had to stack up for the company so forward-looking growth projections could indeed be met. We rated Adient a ‘Hold’ at the time of writing. The company was just off the back of a…
bjdlzx No longer bearish, but not bullish either After being sold relentlessly throughout almost the entirety of the US winter months, natural gas prices look to have finally found a bottom. The front-month futures contract briefly bottomed out around the $1.4-$1.5 MMBtu mark in late February, and has since rallied to around $1.9 MMBtu. US…
Thomas Barwick/Stone via Getty Images Overall, the sentiment in the markets has been cheery, with only a few exceptions. Peloton Interactive (NASDAQ:PTON) is a big one. The pandemic market darling has entered into a years-long slump, pummeled by a lack of consumer demand for its core products as well as an inability to yield net…
peshkov/iStock via Getty Images Appian (NASDAQ:APPN) is a leading player in the low-code space. Its low-code automation platform helps businesses to build and optimize applications swiftly. Their platform streamlines complex workflows, while its user-friendly tools cater to both professional and citizen developers. Post-IPO journey has been bumpy. Went public at $17 per share in 2017,…
Over two hundred bitcoiners descended on Uvita from January 18th – 20th which is a popular seaside spot in Costa Rica. The Bitcoin Freedom Festival was billed as a spiritual gathering for those who celebrate freedom money, nature and sovereignty. What many bitcoiners are still discovering about this beautiful place along the southern Pacific coast…
Martin Poole/The Image Bank via Getty Images Topline Summary and Update Karyopharm Inc. (NASDAQ:KPTI) is a commercial-stage biotech marketing and continuing to develop a single agent, the exportin 1 inhibitor selinexor. In my last article, I felt that the big catalysts for the company were too far away to justify the market valuation at that…
champpixs By Breakingviews Not even the mighty Blackstone (BX) can defy the economy. At present, that’s a good thing. The $1 trillion asset manager broke a five-quarter run of declining earnings in the fourth quarter. Money deployed for deals and cash flowing into its funds also increased year-on-year after a similar-length dry spell. Boss Steve…
Laurence Dutton Investors are watching the underlying S&P 500 (SP500) stocks after the index returned ~25% in 2023. 2024 started with the index pulling back, presumably on profit-taking. The market is struggling to reconcile expectations of no less than six interest rate cuts this year. The news media is not responsible for rumors of 25…
Orest Lyzhechka/iStock via Getty Images Investment Thesis After seeing a Y/Y decline in revenues over the past year, Lindsay Corporation’s (NYSE:LNN) sales growth should turn positive moving forward as the Y/Y comparisons are becoming easier in the coming quarters. Further, the demand outlook in the North American irrigation market is good as farmers are coming…
aydinmutlu/E+ via Getty Images Richardson Electronics Ltd. (NASDAQ:RELL) latest quarterly earnings came in short of market expectations, sending shares down nearly -20% on the report. The company, recognized as a global leader in specialized power circuit components, microwave technologies, and imaging solutions, is citing “challenging economic conditions” amid a broader process of revamping its product…
jaochainoi/iStock via Getty Images Investment Rundown The most recent earnings report from Southwest Gas Holdings, Inc. (NYSE:SWX) had some mixed results in my view. Firstly the company has made strong progress on building up the bottom line again. Last year during the Q3 quarter the bottom line was negative but it most recently came in…
DNY59 We previously covered Opera Limited (NASDAQ:OPRA) in September 2023, discussing its improved investment thesis after the drastic correction in July 2023, with the normalization in its valuations to pre-pandemic means triggering an improved margin of safety. Combined with its profitable growth trend, we had rated the stock as a Buy at its previous support…
PhanuwatNandee Dear readers/followers, K+S, a fertilizer and salt company, has seen a decline in its earnings due to a contraction in the fertilizer market. The company’s annual expected EBITDA is significantly lower than previous years, but sales volumes are expected to remain stable.’ We’ve seen yet another 10% negative RoR since my last article on…
Just_Super NetScout Systems, Inc. (NASDAQ:NTCT) is a top cybersecurity firm for large companies running computer networks. The organization hasn’t grown much on the revenue side since 2017. On the other hand, sales, margin returns and cash flows have been relatively stable, something you can count on during fluctuations in the overall economy. One attraction for…
Nikada Crown Castle Inc.’s (NYSE:CCI) financial performance in Q3 2023 portrays the company as resilient and strategically well-placed in the telecommunications infrastructure sector. CEO Jay Brown highlighted the firm’s consistent outlook for the full year, which was marked by noticeable growth in tower organic revenue. This was further supported by a substantial delivery of small…
mihtiander Platinum and palladium have experienced a significant drop in 2023, with platinum down by 16% and palladium nearly 45%. The increase in interest rates has curtailed investment demand for all precious metals (except for gold, thanks to its status as a reserve asset). The automotive sector (which accounts for 40% of platinum demand and…
Olekcii Mach/iStock via Getty Images If a major recession can be avoided in 2024, one stock that could sail to big gains is MarineMax (NYSE:HZO). The enterprise is one of the largest U.S. sellers of new and used boats, based in Florida, with 130 locations around the world. The upside of its business model, and…
AT&T Shareholders Celebrating Selling At $13.43 BraunS/E+ via Getty Images On our last update on AT&T (NYSE:T), we remained bullish on the prospects of the company. Balancing the debt load with the undervaluation got us to a $20 price target, even in this high interest rate environment. As for the A&T stock, the company is…
Gearstd We previously covered ZIM Integrated Shipping (NYSE:ZIM) in August 2023, discussing its well supported stock prices at the IPO levels of $12, attributed to the supposedly recovering container spot prices then. With the lack of dividend already anticipated, we had continued to rate the stock as a Buy for speculative income oriented investors, who…
Elhenyo/E+ via Getty Images Co-authored by Treading Softly. I know that not everyone enjoys going to the great outdoors and hunting, fishing, hiking, or camping. Yet, even if you haven’t experienced it, I’m sure you can imagine using a net to catch a large amount of fish. You understand that at times, to pull that…
syahrir maulana On 14 November, the Russell 2000 (IWM) had what I refer to as a “Power Day” – returning more than 5% in a single day. In this case, the index returned a whopping 5.48%, compared to the S&P 500’s 1.91%. Since 2000, there have only been 29 days where the smallcap index has…
PM Images/DigitalVision via Getty Images We previously covered ASML Holding N.V. (NASDAQ:ASML) (OTCPK:ASMLF) in July 2023, discussing the sluggish stock movement after the previous FQ2’23 double beat and raised FY2023 outlook. We had rated the stock as a Buy then, with the stock’s depressed levels offering opportunistic growth/ income investors with the chance to dollar…
tiero We previously covered Verizon Communications Inc. (NYSE:VZ) in July 2023, discussing its robust profitability and the safety of its dividends. Much of these tailwinds were attributed to the management’s strategic choice in hiking prices while moderating capital expenditures, likely to boost its top and bottom line performance from H2’23 onwards. In this article, we…
Jitalia17 The Treasury term premium is back above zero. This is often a tough concept to grasp for casual investors. The term premium in yields is defined as the a bond’s yield minus the expected average short rates (over the life of the bond), and the term premium in forward rates is defined as forward…
cemagraphics The S&P 500 (SPY) was set up for a possible crash this week, but as explained in my last article, an initial collapse was expected to reverse again. A failed bearish pattern is often a good buying opportunity. Late on Wednesday, price bounced strongly off the channel shown below and the recovery to 4333…
miniseries Investment Rundown The utility sector I think is quite an exciting one to get into, as the broad exposure it lends to investors can be very favorable during tougher times in the economy. With PNM Resources, Inc. (NYSE:PNM) for example, they have managed to diversify the business and take advantage of the Inflation Act…
fotokostic Back in February, I thought CVR Partners (NYSE:UAN) looked appropriately valued in the face on falling nitrogen fertilizer prices. With the stock down over -25% and its overall return about -5%, let’s catch up on the name. Company Profile As a quick reminder, CVR Partners owns two fertilizer plants: Coffeyville and East Dubuque. The…
kontrast-fotodesign If I wanted to brag, I would now point to my last two articles about Fresenius SE (OTCPK:FSNUF) and highlight the great performance of the stock since the articles were published. My last article was published in April 2023 and Fresenius SE generated a total return of 19% and was therefore outperforming the S&P…
CatEyePerspective/iStock via Getty Images Roche’s (OTCQX:RHHBY) stock price has declined from a peak of CHF 385 in April 2022 to CHF 250 today, underperforming its peers and the broad equity market. Roche relied heavily on three blockbusters (namely Avastin, Herceptin and Rituxan, also called AHR). Before losing their patent protections between 2018 and 2020, these…
onurdongel Skyline Champion Corporation (NYSE:SKY) produces modular homes and related products. As the company is facing harder times with the slowdown in the real estate market after an inflated modular home market related to Covid, the company’s earnings are beginning to deteriorate. In my opinion the company’s deteriorating earnings aren’t completely priced into the stock,…
SDI Productions Aug. 21 was a fascinating day for shareholders and followers of Medical Properties Trust (NYSE:MPW). This is because, prior to the market opening, the management team at the business announced that they were cutting the firm’s distribution rather considerably. In most cases of a distribution cut that I have seen, the reaction to…
Ivan-balvan/iStock via Getty Images BABA Reported A Smashing FQ1’24 Performance – Well-Exceeding Expectations We previously covered Alibaba Group Holding Limited (NYSE:BABA) in July 2023, discussing the stock’s suitability for swing trades, since the ongoing geopolitical crossfire between the US and China made it unlikely for it to regain international investors’ confidence in the near term….
Smederevac Investment Summary Chesapeake Utilities Corporation (NYSE:CPK) has developed very well in the gas utilities industry and generates TTM revenues of $701 million. The company released its last report in early August and it showcased a miss on both the top and bottom lines for the business. This is certainly not the news that you…
DNY59 The ZIM Investment Thesis Have Been Well Supported At $12s We previously covered ZIM Integrated Shipping (NYSE:ZIM) in May 2023, discussing its mixed prospects then, due to the uncertain macroeconomic outlook, impacted TEU rates, and subsequent dividend cut. Then again, we had iterated our warning that anyone expecting anything different from ZIM might have…