Kameleon007 First, let’s get a few things straight. I just passed the 20-month mark since I started writing on Seeking Alpha. More than 300 articles and 2,100 comments and responses later, I’ve developed some strong opinions about what I think matters in modern investment markets. I’m not talking so much about what to buy and…
“The State is any entity that can retrospectively pardon a crime. If you forgive a murder, you get an army. If you forgive an assault, you get police. If you forgive a theft, you get taxes. And this notion that there exists the sovereign ability to change the rules for a limited number of people…
mysondanube This article was coproduced with Leo Nelissen. I’m a Starbucks (SBX) fan. I can’t help it. That coffee calls me, as do some of their breakfast treats. Like their oatmeal? Sign me up, please. That kind of combination just hits the spot for me. So if my loyal readers are wondering, no. I’m not…
tum3123 Emerging market (EM) corporate bonds are too often overlooked by investors who presume the asset class is too niche or too risky. But the aggregate fundamentals of EM corporates are stronger than those of their developed market counterparts. For example, EM corporate net leverage ratios are significantly lower than those of US corporates, while…
Galeanu Mihai/iStock via Getty Images The following segment was excerpted from this fund letter. Burford Capital Limited (NYSE:BUR) As the ancient Greeks said, “The wheels of justice turn slowly, but grind exceedingly fine.” As a litigation financer, Burford has funded a large portfolio of legal cases that are working their way through the legal process….
LagartoFilm We’re now three months since the approval of spot Bitcoin (BTC-USD) ETFs in the United States market. I don’t think it’s a stretch to say these funds have been an enormous success from an AUM growth standpoint. Even after adjusting for the asset exodus from the Grayscale Bitcoin Trust ETF (GBTC), more than 214k…
Richard Drury Two weeks ago, Fed Chair Jerome Powell let it be known that he had no confidence to cut rates with the present data, and last week’s inflation releases surely did not give him any reassurance that the inflation outlook was moving in the right direction. Numerous inflation reports keep surprising to the upside,…
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…
CatEyePerspective Introduction: A biotech stock with a large dividend is pretty uncommon since biotechnology and pharmaceutical companies tend to focus more on reinvestment into pipeline growth rather than shareholder returns. But as a biopharma grows larger and there may be a paucity of potential pipeline or partnership opportunities that may be worth investing in, the…
Natalia SO/iStock Editorial via Getty Images Argentina’s banking system has long been a fragmented one, with no major bank, not even the state-owned Banco Nacion, holding a dominant share of system assets. But ongoing economic turbulence and the rise of a new economic regime under President Javier Milei mark a potential step-change in future industry…
Richard Drury By James Knightley Ongoing strength means a June rate cut looks unlikely The US economy continues to show remarkable resilience in the face of high borrowing costs, tight credit conditions and a weak external backdrop. It appears on course to grow at a 2.5% annualised rate in the first quarter. We already know…
The Road Ahead ricardoreitmeyer/iStock via Getty Images Investment Thesis LXP Industrial Trust (NYSE:LXP) is an industrial REIT. Their 112 building, 54 million square foot portfolio of modern single-tenant warehouse and distribution industrial properties is focused in the Sunbelt and Midwest. Currently trading at 13% above the low and 45% below the high for the last…
Whether you’re young, mid-career, or playing the back nine, Roth IRAs can be an important tool for your financial goals. Four case studies below will illustrate how by combining Roth IRAs with bitcoin, you can save for retirement, optimize for your personal tax situation during retirement, and leave your bitcoin for the next generation. These…
Monty Rakusen Tokyo Electron (OTCPK:TOELF)(OTCPK:TOELY), one of the leading suppliers of semiconductor manufacturing equipment, is on a roll. Quarterly earnings are on the rise with big improvements in recent quarters. The wafer fab equipment or WFE market is coming off a downturn, but demand has been more robust than anticipated with a helping hand from…
JHVEPhoto/iStock Editorial via Getty Images Dear readers/followers, I’ve made no secret of my bullish longer-term stance on Chemours (NYSE:CC) over the past few years. The company has as of yet failed to “pop” in terms of valuation, despite what I would view as a materially attractive pricing for an attractive set of assets. However, this…
ismagilov Bitcoin (BTC-USD) is scheduled to undergo its fourth halving in April, one of the most anticipated events of 2024 within the crypto space. Halving is a process where Bitcoin mining is cut in half, reducing the number of new bitcoins released to the market. The policy was introduced to ensure BTC remains scarce. Approximately…
nicodemos/iStock via Getty Images Verona Pharma plc (NASDAQ:VRNA) has submitted a marketing application to the US FDA for its drug ensifentrine, for the maintenance treatment of chronic obstructive pulmonary disease (COPD). This article takes a look at some of the bull and bear case points for VRNA. The Phase 3 studies Ensifentrine, an inhibitor of…
Bloomberg/Bloomberg via Getty Images Carlsberg (OTCPK:CABGY)(OTCPK:CABJF) stock has been on a tough run since I last covered the company in May. Shares of the Danish brewer have delivered a negative 18% total return in that time, significantly underperforming peers Heineken (OTCQX:HEINY)(OTCQX:HINKF) and Anheuser-Busch InBev (BUD) as well as global staples more generally. Data by YCharts…
Fani Willis, the Fulton County district attorney, grabbed headlines last year when she unleashed a sprawling 98-page indictment accusing Trump and 18 others of seeking to overturn the 2020 presidential election. Now, Willis is back in the spotlight — but this time it is a less welcome one. Michael Roman, a former Trump campaign official…
SOPA Images/LightRocket via Getty Images Thesis Summary Today’s research article covers The Cheesecake Factory (NASDAQ:CAKE), in the consumer discretionary / restaurant sector, to which I gave a buy rating. My portfolio strategy with this stock is (stable dividend income generation and growth, capital gains). A few points supporting my rating include YoY revenue growth and…
monsitj Investment Overview Cambridge, Massachusetts-based Agios Pharmaceuticals (NASDAQ:AGIO) completed its Initial Public Offering over a decade ago in July 2013, raising ~$106m via the issuance of ~5.9m shares priced at $18 per share. The company developed and successfully won approval for the isocitrate dehydrogenase-1 (IDH1) inhibitor Tibsovo, in 2017, for patients with relapsed or refractory…
J2R Dutch bank ABN AMRO (OTCPK:AAVMY)(OTC:ABMRF) has proved a frustrating investment since my last update around six months ago. The ADSs have delivered a roughly flat total return in that time, significantly underperforming larger national peer ING (NYSE:ING) as well as the broader European financials space, represented here by the iShares MSCI European Financials ETF…
syahrir maulana Investment Thesis Vanguard’s Small-Cap Growth Index Fund ETF Shares (NYSEARCA:VBK) warrants a buy rating due to the macroeconomic environment for small-cap growth heading into next year, the fund’s specific qualities compared to peers, and multiple promising holdings contained within the fund. While VBK is not the highest-performing small-cap ETF historically, the fund is…
Justin Sullivan A Great Paradox What would you think if I told you a major American tech business that is growing its core operations while enjoying numerous tailwinds has dramatically underperformed the market in the past 5 years? While the market is great at allocating capital to good businesses over time, sometimes Wall Street can…
Strainly, a cannabis seed and services company, in partnership with BTCPay has published a case study on the use of BTCPay to facilitate payment processing for underserved and blacklisted industries. One of the most important use cases of Bitcoin is, as many users of a certain privacy wallet would say, “To make the transactions they…
The court order goes beyond financial penalties. It requires Binance and CZ to make certifications regarding the existence, application, and effectiveness of Binance’s enhanced compliance controls. The US Commodity Futures Trading Commission (CFTC) made a significant announcement, confirming that the US District Court for the Northern District of Illinois has approved the previously disclosed settlement…
Sundry Photography/iStock Editorial via Getty Images In October, I reiterated my buy recommendation on Toll Brothers (NYSE:TOL), arguing there could be 40% upside. Since then, shares have already returned 24%. Despite this strong rally, I believe investors should stay long Toll. After the company’s most recent quarterly results and strong guidance, I see more upside…
Xiaolu Chu YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) is an interesting fund that seems to polarize people. On one side it offers a dividend distribution yield of 60%, on the other side its share price is down almost by half since inception. In my first article covering this fund titled TSLY: Know What You…
imaginima Nvidia’s stock has surged by around 240% this year thanks to its leadership position in the generative AI revolution. The AI market opportunity is undoubtedly massive, and the AI-related growth story has only begun. Many investors seem to be fixated on Nvidia’s superior AI chip, but it is also important to acknowledge the broader…
bin kontan Global commercial real estate valuations have been falling since the beginning of the year as rising rates have driven rapid cap-rate expansion. Operating fundamentals remain stable for most property sectors, the unprecedented pace of rate hikes has had an unsettling effect on the macro level for commercial property. REITs can serve as a…
Binance will reportedly pay no less than $4 billion in fines to keep operating in the United States. Binance Holding Ltd may have reportedly reached a settlement agreement with the United States Justice Department (DoJ). That is according to a recent report by Bloomberg. Citing sources with inside knowledge of the matter, the report claims…
PM Images Investment Overview Organon & Co. (NYSE:OGN), formed via Pharma giant Merck & Co.’s (MRK) spinout of its Established Brands, Women’s Health and Biosimilars divisions, announced its Q3 earnings on Thursday, November 2. I covered Organon’s Q2 earnings in a deep dive note for Seeking Alpha in August. I gave the stock a “Hold”…
The legal battle surrounding Terraform Labs is not without controversy. Terra co-founder Daniel Shin’s lawyer has blamed the “unreasonable operation of the Anchor Protocol and external attacks carried out by Do-hyung Kwon” for the Terra ecosystem’s collapse. The United States Securities and Exchange Commission (SEC) is not backing down in its pursuit of justice regarding…
Recently in the news, a Pennsylvania Bill, the “Cryptocurrency Energy Conservation Act”, was stripped of language that would have created a 2 year moratorium on Bitcoin mining. The author of the bill, Rep. Greg Vitalli, cited staunch resistance to the moratorium stating “the strong opposition to sweeping changes to the state’s environmental laws is being…
The US SEC is therefore expected to review Grayscale’s application to convert its GBTC to a spot Bitcoin ETF without prejudice. As the Bitcoin (BTC) price crossed a crucial resistance zone between $31k and 32k in the past 24 hours, the United States Securities and Exchange Commission (SEC) began its preparations to review for the…
Morgan asserts that XRP sales fail to meet at least two of Howey test prongs, making the SEC’s case weak. With the facts apparently not aligning with the Howey framework, he sees little room for the SEC to overturn the earlier judgment. In the ongoing Ripple versus SEC case over XRP, legal experts are assessing…
LBRY announced that all of its executives, staff members, and board directors had resigned. According to LBRY’s statement, the company will now focus on addressing any remaining legal obligations before completely ceasing operations. Cryptocurrency firm LBRY has announced that it will cease operations and shut down following a legal battle with the Securities and Exchange…
Olivier Le Moal By Bradley Krom, Lonnie S. Jacobs and Brian Manby, CFA This blog post is the final installment of a four-part series that examines the tactical and strategic case for investing internationally despite a multi-year period of U.S. equity outperformance. While European equity market performance has been top of mind this year for…
Pavel Muravev Introduction One of the most debated topics concerning investing recently is whether Environmental, Social, and Governance, known as ESG, is a good investment strategy to follow. Even if results say yes, one could ask legitimately whether that is due to the ESG screening or just the massive inflows into ESG funds. This article…
Per Hogan, considering where the case currently stands, only two outcomes are possible going forward. The ongoing SEC vs Ripple case has dragged on for quite a reasonable amount of time (approximately 3 years) now. With so much back and forth and no end in sight for the case, many concerned parties are beginning to…
Grayscale Investments LLC, one of the world’s largest crypto asset managers, has secured an unexpected court win against the US Securities and Exchange Commission (SEC). A three-judge panel in DC’s Court of Appeals in Washington ruled that the SEC’s denial of Grayscale’s proposal was “arbitrary and capricious” in that the SEC failed to explain the…
The SEC’s case against Binance centers on its claim that BUSD was sold as an investment contract, primarily because Binance marketed it as offering yield through reward programs. In a recent development, renowned stablecoin issuer Circle has intervened in the US Securities and Exchange Commission’s (SEC) case against Binance, arguing that stablecoins should not be…
champpixs Introduction One of the slight improvements that occurred in the last report from Regional Management Corp. (NYSE:RM) was the delinquency rate starting to decline somewhat to 6.9%. This is still quite high in my opinion and investors should be worried about the company acutely losing a significant amount of earnings potential from this. I…
yuelan I last updated investors in Johnson & Johnson, or J&J (NYSE:JNJ), in early April, urging them to capitalize on its capitulation to add more shares. That thesis has worked out well, as JNJ dip buyers held its March lows ($150 level), lifting buying sentiments. Following its remarkable surge into its early August highs ($176…
TERADAT SANTIVIVUT Simplify Volatility Premium ETF (NYSEARCA:SVOL) is one of my favorite ETFs and I’ve covered it with a couple articles in the past. SVOL Can Be A Good Addition To Your Income Portfolio SVOL: Holding On Strong Despite Rising Volatility One question I often get about SVOL is what happens to the fund under…
HeliRy The global growth outlook has improved in recent weeks despite concerning data trends out of China. The US and Europe are helping to improve what 2023 real economic expansion will be, and that trend benefits cyclical firms and worldwide energy demand. I always pay close attention to these moves at the macro level. Today,…
Frank Armstrong/iStock via Getty Images By Srineel Jalagani Timber is an essential resource and a genuine building block of human civilization. Its use in building construction and as a fuel source have made it integral to the functioning of our societies and world economy. On the flip side, our dependence on timber, combined with a…
Mashinsky had already put his Austin, Texas property that was acquired in 2021 with Celsius proceeds, on sale for about $2.49 million. The former Celsius Chief Executive Officer (CEO) Alex Mashinsky faces more financial hurdles after United States Judge Jed S. Rakoff ordered his assets to be frozen as the criminal case with the Department…
Cloud maybefalse/iStock Unreleased via Getty Images Around four years back, I wrote an article on Alibaba : Significant Upside Left For Long Investors and argued that Alibaba (NYSE:BABA) has huge long-term potential. A lot has changed since then, both from the company front and the overall China growth scenario. In my view, Alibaba stock was…
Hemera Technologies/PHOTOS.com>> via Getty Images Bonds from a growth and inflation perspective For those who have been bullish bonds and calling for a rally throughout 2023, it has been on the back of falling growth and waning inflation such thesis have been based. By simply looking at the traditional relationship between yields and the business…