John M Lund Photography Inc/DigitalVision via Getty Images Reasons For Rational Optimism For Investors: Earnings And Strong Economic Growth I wanted to share some great news for long-term investors. The market is rocketing higher after what Bloomberg calls a “Goldilocks” jobs report. YCharts The jobs report points to a strong economy, but not too strong….
peepo Investment Thesis Ferrari (NYSE:RACE) reported earnings on May 7. Their core earnings grew 13% despite flat deliveries, driven by high-end models and customization. CFO Antonio Picca touted “positive business trends” and a full order book, but sticking to full-year forecasts left investors wanting more. RACE stock fell around 5.5% after the report, despite analysts…
Olemedia Since its October 2021 IPO, GitLab (NASDAQ:GTLB), the cloud-based DevOps platform that helps software developers share their code and collaborate on projects, has lost around 47.5% of its value while the S&P 500 has gone up by more than 17% during the same period. Data by YCharts One of the reasons for this underperformance…
JamesBrey Schwab U.S. Dividend Equity ETF (NYSEARCA:SCHD) is an outstanding dividend growth ETF, which I have highlighted as my favorite in a recent article. In fact, if I were limited to owning just one dividend growth ETF, SCHD would be my choice. Despite its many strengths, however, SCHD does have a few shortcomings for income-focused…
gremlin All values are in CAD unless noted otherwise. Dream Industrial Real Estate Investment Trust (TSX:DIR.UN:CA) (OTC:DREUF) holds a portfolio of 327 industrial properties located in Canada, Europe and the US. These properties span around 71.4 million square feet and comprise distribution, urban logistics buildings and light industrial structures. 2023 Annual Report While the REIT…
Monty Rakusen This article was co-produced with Williams Equity Research. Wall Street has been establishing its foothold in the private credit space for about 15 years now. Its main focus has been raising capital for private Business Development Companies (‘BDCs’). After building out the portfolios and a track record, the private BDCs eventually list on…
matdesign24 MidCap Financial Investment Corporation (NASDAQ:MFIC) is a business development company that invests in senior secured debt loans to middle market companies. The company also carries a high dividend yield of 10% and offers an 8% coupon baby bond (MFICL) that is currently trading over par. After covering the income opportunity of MidCap Financial back…
RomoloTavani Back on October 12, 2023, I called Realty Income (NYSE:O) a strong buy because it had dipped significantly, offering a dividend yield of over 6%, an expected roughly 3% per share CAGR moving forward, and was trading at a 14% discount to its NAV despite historically trading at a premium to NAV. This presented…
A closeup view of a kitchen sink with water running down the drain. deepblue4you In investing, it’s important to enjoy the journey and to remember the “why” behind it. This is because the phase when investors focus on building wealth (e.g., accumulation) can take a handful of years, even decades to move past. My reason…
Sjo April was a busy month for Volkswagen Group (OTCPK:VWAGY) (OTCPK:VLKAF) (OTCPK:VWAPY). On April 24, the company presented a Capital Markets Day in China, and a week later, the Group reported its Q1 numbers. Before commenting on the latest news, since our last update, It Gets Worse Before It Gets Better, we anticipated a challenging…
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…
Oselote It has now been over a year since I last covered the Sprott Physical Silver Trust (NYSEARCA:PSLV) for Seeking Alpha. In my last piece, I said it was “time to buy the dip” and the timing of that call was quite good. At the time the article was published, PSLV shares were just over…
South_agency Founded in 2002, Tenable (NASDAQ:TENB) is a cybersecurity company with a market-leading VM (Vulnerability Management) solution. As per IDC’s 2022 report, TENB has also been holding first position in terms of global market share in VM space. It has over 44,000 customers, including 50% of Fortune 500. All-time share performance has been average. Since…
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,…
Matteo Colombo Introduction When looking at ETFs that invest based on an index, fees are critical when deciding which ETF to own. I was familiar with two popular ones, the iShares Russell 3000 ETF (IWV) and the Vanguard Russell 3000 ETF (VTHR), but I recently found the Dimensional U.S. Equity ETF (NYSEARCA:DFUS), whose fees are…
Reddit stockcam On Friday, Reddit (NYSE:RDDT) rallied 7.02% from its closing IPO price in a single trading day. The rally was likely brought on by a surprise earnings beat from Snap Inc. (SNAP), which itself booked a staggering 27.6% gain the same day. In the chart below, you can see the price action in the…
Prykhodov Alphabet Inc. (NASDAQ:GOOG) reported first quarter results on Thursday last week, which caused a big jump in Google’s stock price amid robust momentum in the marketing business. Marketing strength in Google’s core business, advertising, was a major catalyst for growth in the first quarter. Google also announced that it would start to pay a…
LD Magnificent 7, is now the Super 6, and on the way to the Fantastic 5, then there were 4 We’ve had a sideways price action for the S&P 500 for months, and the first few weeks of April we slid into a mini-correction. More specifically, according to Gabriella Santos, JPM Asset Management CIO, on…
stockcam Amid deep market volatility this year, few companies have elected to go public, and fewer still have turned out to be success stories. Still – investors that are willing to be patient and time their purchases correctly can have the opportunity to earn outsized gains. Reddit (NYSE:RDDT) is an incredibly interesting new IPO. The…
A restaurant waitress serves guests. alvarez/E+ via Getty Images Hard truths. Some people avoid them. Some people find liberation in them. I tend to fit in the latter group. One of the tougher truths of life that applies to personal finances is as follows: As long as there is life, bills tend to follow not…
Robert Buchel/iStock Editorial via Getty Images Since October 2023, I have a strong buy rating on Bombardier stock and that rating has performed well with the stock appreciating 51.6% compared to the S&P 500 returning 24%. In February 2024, Bombardier stock tumbled as its free cash flow guidance for 2024 came in below expectations. However,…
luismmolina Investment Overview Immatics (NASDAQ:IMTX), based in Tuebingen, Germany, achieved its Nasdaq listing in 2020, via a business combination with Arya Sciences Acquisition Corp, a special purpose acquisition company (SPAC) sponsored by Perceptive Advisors. According to Harvard Business Review: A SPAC is a publicly traded corporation with a two-year life span formed with the sole…
Tomas Ragina/iStock via Getty Images The historical industrial success of the United Kingdom was from coal and the economic success of the United States in the past century was from oil. Turning to the 21st century and beyond, it is not exaggerated to say that China’s economy and global power will benefit from clean energy…
2d illustrations and photos/iStock via Getty Images It’s quite understandable for some investors to feel fatigued from a seemingly never-ending buzz about AI. Dotcom era-like obsession of media with everything related to “artificial intelligence” has already led to hyped expectations in the tech sector. This April, however, we clearly see a hangover, with many AI-related…
JamesBrey With interest rates at elevated levels and inflation remaining stubbornly high, income-focused investors are becoming increasingly selective, preferring stocks that offer a yield with a comfortable spread above the current risk-free rate. This compensates for the additional risk associated with investing in equities. Additionally, investors seek high-yield stocks whose payouts not only keep pace…
hapabapa Rubrik (NYSE:RBRK) is the first major software IPO of the year and came public to great success, with the stock trading 15% higher at the close. I analyze the financial results and discuss the confusing difference between revenue and ARR growth. The company is not yet profitable, but I expect solid margins over the…
Laurence Dutton Introduction The Franklin International Core Dividend Tilt Index ETF (NYSEARCA:DIVI) is a 7-year-old ETF, with $765m in AUM that offers efficient access (an expense ratio of just 0.09%) to around 25 developed market equities sourced from markets beyond North America. Over the past year, DIVI has provided steady returns of 9%, but that…
J Studios Listen below or on the go on Apple Podcasts and Spotify Nvidia (NVDA) to buy two Israeli startups aiming to run AI models more cheaply. (00:25) META earnings call: More spending on AI ahead before payoff. (01:14) Microsoft-backed Rubrik (RBRK) prices IPO at $32/shr, above indicated range. (02:32) This is an abridged transcript…
alvarez JFrog (NASDAQ: FROG) is a US-Israeli provider of a software supply chain development platform that enables organizations to manage end-to-end lifecycle of software development, from development, to release, and to security. I have covered FROG before last year in June, when I wrote about its attractive potential, despite rating the stock neutral at that…
DNY59 We previously covered Netflix, Inc. (NASDAQ:NFLX) in January 2024, discussing why its streaming prospects might remain robust as the macroeconomic outlook lifted, significantly aided by the robust labor market as discretionary spending grew. Combined with the excellent FQ4’23 performance and impressive FQ1’24 guidance, the stock had also pulled forward part of its upside potential,…
Jean-Luc Ichard Investment Thesis Microsoft Corporation (NASDAQ:MSFT) completed an impressive 2023, achieving a 57% increase in market value, which exceeded Apple (AAPL) as the most valuable company by market cap. This significant milestone aligns well with Microsoft’s long-standing influence in the computing sector. Its Windows operating system has been a cornerstone technology for decades and…
ClaudioVentrella/iStock via Getty Images VanEck Pharmaceutical ETF (NASDAQ:PPH) is a popular way for investors to own some of the leading pharmaceutical companies and get diversification and liquidity at the same time. This ETF has about $488 million in assets, and it has an expense ratio of 0.36%. There are a number of positives I see…
JamesBrey TrustCo Bank Corp NY (NASDAQ:TRST) is still one of our favorite regional banks to trade and invest in. The market has gone through a corrective period, and some stocks have gone on sale. With regional banking, the higher for longer narrative has weighed on some quality regional banks. TrustCo Bank is a great name…
jetcityimage Investment Thesis I last covered Snap-on (NYSE:SNA) in October last year. While the company was doing alright for some time, the stock has given up most of its gains after its recent earnings release. Snap-on Incorporated faced challenges related to customer demand changes, especially in its Tools business last quarter. However, I believe we…
Nanci Santos Investment Thesis Netflix (NASDAQ:NFLX) announced its first quarter of FY2024 results late last week; the streaming company beat quarterly earnings and revenue estimates, plus it achieved a 16% year-over-year growth in global streaming paid memberships. But, the stock is selling off after the announcement last Thursday, down ~11% over the past month, as…
Juanmonino/iStock Unreleased via Getty Images In our last update for Hormel Foods Corporation (NYSE:HRL), we suggested that the bears were pushing deep into oversold territory and risks for a countertrend move were high. We expected a bounce, one that should reset sentiment and prepare the stock for the next big move lower. Specifically, we said:…
PM Images In December of last year, I wrote an interesting piece on SLR Investment Corp. (NASDAQ:SLRC), where I laid out several advantages of SLRC and how these should warrant a somewhat stable performance going forward. However, at the same time, I was quite explicit about the potential limitation for SLRC’s upside. The following excerpt…
JHVEPhoto Aritzia’s business fundamentals have improved since my previous analysis in March 2023 and its 2027 expansion plan is being well executed so far. I will evaluate in more details below how Aritzia has performed financially and in each of Aritzia’s core strategies in the past year. However, Aritzia’s valuation has declined significantly by over…
J Studios Introduction I have often found that high-quality stocks, despite appearing expensive relative to peers of lower quality, nevertheless keep outperforming by a significant margin. In this context, while evaluating a gold miner, high quality can relate to many different aspects. For example, the asset itself could be superior, because of its overall size,…
yodiyim/iStock via Getty Images The stock market has been acting strange for the last 2-3 weeks The truth is, the market has been acting strange for longer than that. We have seen the volatility index trading under 15 for weeks, yet in the last 2 weeks, we are in a range from 16 to almost…
imaginima Plains All American (NASDAQ:PAA) is a relatively large-scale MLP with a market cap of just over $12.5 billion. It owns and operates midstream energy infrastructure based in the United States and to a lesser degree in Canada. The main segments are pipeline transportation and storage of crude oil and NGL, where the crude oil…
damedeeso Foreword About Large Cap Value A Value ranking for large cap stocks from YCharts puts together complementary strategies found during their stock research. As a value ranking, it looks at the price of a stock relative to a number of measurements that determine intrinsic firm value. Only the largest 10% of companies based on…
lcva2 Introduction Back in November 2023, I wrote my first article on multinational business services provider Teleperformance SE (OTCPK:TLPFF, OTCPK:TLPFY). At the time, TP shares were trading at around €140, well below their all-time high of €400 in 2021. What looked like a deep value opportunity at first glance, however, turned out to be not…
We Are The ADBE Investment Thesis Is Even More Attractive After The Recent Pullback Adobe (NASDAQ:NASDAQ:ADBE) along with Autodesk (ADSK) are two stocks that does not require an introduction indeed, given that I am a licensed architect with nearly two decades of cumulative education and experience. With ADBE offering a well diversified SaaS offerings across…
DNY59 By Breakingviews Blackstone (BX) is grappling with a peculiar sort of funding mismatch. The investment shop managing more than $1 trillion says market ructions present acquisition and lending opportunities, but it is also selling less. Moreover, the growing likelihood that interest rates stay higher for longer threatens deal activity. If the dynamic persists, it…
belterz/E+ via Getty Images Last night, Israel attacked Iran’s territory directly. This is the second major escalation of what has been a mostly covert international confrontation between Israel and Iran. But now, Iran has launched an attack on Israel from its territory and vice versa. Luckily, the limited nature of the Israeli attack appeared to…
eAlisa Micro cap stocks are those typically defined at around $300 million in market cap or less. Companies of this size are often duds, but, others are super high growth with the potential to fulfill Peter Lynch’s thoughts on small companies… Big companies have small moves, small companies have big moves… Peter Lynch from One…
Caiaimage/Martin Barraud/iStock via Getty Images Zymeworks Inc. (NASDAQ:ZYME) is a clinical-stage biotechnology company focused on developing innovative therapies for challenging to treat cancers and other serious conditions. ZYME leverages proprietary platforms concentrated on Multispecific Antibody Therapeutics and Antibody-Drug Conjugate Technologies. These platforms drive the creation of treatments to support a dynamic pipeline of drug candidates,…
DNY59 Introduction I’ve previously published articles here on Seeking Alpha, covering the Virtus InfraCap US Preferred Stock ETF (NYSEARCA:PFFA). Since the last article was published in January 2024, PFFA was up smartly riding the expectation that the Federal Reserve would begin an aggressive interest rate reduction campaign as early as March. Over the last couple…
Company Name: Azteco Founders: Alexander Fernandez and Paul Ferguson Date Founded: 2014 Location of Headquarters: Santa Monica, CA Amount of Bitcoin in Treasury: Not disclosed Number of Employees: 12 Website: https://azte.co/ Public or Private? Private When Alexander “Akin” Fernandez first conceptualized Azteco over a decade ago, he simply wanted to make bitcoin easier to obtain. He…