CHUNYIP WONG/iStock via Getty Images Thesis Office Properties Income Trust (NASDAQ:OPI) suffered a 37% decline following the announcement of a dividend cut on Jan-11. However, after examining the OPI portfolio, I believe the company has been oversold. Since the onset of COVID, the stock has witnessed a nearly 90% drop in price, driven by concerns…
Sundry Photography Investment thesis I was very bullish about Enphase Energy (NASDAQ:ENPH) in 2023, but it did not age well as the stock price declined by 29% since my first thesis went live in May. The latest thesis, as of early September, aged slightly better but substantially underperformed the broader U.S. market. Today, I want…
Dennis Diatel Photography The crypto market is back. We have enjoyed broad rallies in the crypto coins and have seen large year-to-date increases in Bitcoin (BTC-USD), Ethereum (ETH-USD), Solana (SOL-USD), and Avalanche (AVAX-USD), among others. Some cryptos are rallying with the market while others are benefiting from specific catalysts. For BTC, that catalyst is renewed…
Justin Sullivan Introduction Recently, I took a fresh look at home improvement giant The Home Depot, Inc. (HD) and found the stock to be a pretty good buy below $300 – assuming a long-term investment horizon. The stock reacted to the third quarter results with a jump in price – at least it seemed that…
Vivien Killilea PENN Entertainment, Inc. (NASDAQ:PENN) sent shockwaves through the industry by signing a 10-year, $1.5 billion deal to create an ESPN-branded sportsbook in August. Shortly after, I laid out the back-of-the-envelope case for PENN stock to soar from roughly $25 per share to $134 in the coming years. The market resoundingly disagreed, with frustrated…
CHUNYIP WONG Since I last called for caution on the iShares MSCI Hong Kong ETF (NYSEARCA:EWH), the fund has further underwhelmed – and for good reason. For all the recent investor concerns about the state of property in mainland China, Hong Kong is having it much, much worse. Hong Kong’s monetary policy is tied to…
Ivan Grabilin I kept my Hold rating on leading casino and experiential REIT VICI Properties Inc. (NYSE:VICI) at my previous update in November 2022, even as it bottomed out in November. I gleaned that VICI’s remarkable growth momentum was expected to normalize moving forward, and its forward dividend yield wasn’t appealing enough. Accordingly, VICI has…