Robert Way/iStock Editorial via Getty Images Burberry (OTCPK:BURBY) is a struggling company in a poorly performing Consumer Discretionary Sector and even weaker luxury goods segment. This is clearly reflected in the stock price, which has dropped -54% in the past year. However, there is clearly value in this classic and instantly recognisable global brand and…
TU IS Investment Thesis Braze, Inc. (NASDAQ:BRZE) provides a platform for businesses to engage with their customers across various channels like emails and app notifications, think Salesforce (CRM) or HubSpot (HUBS). They specialize in personalized messaging, helping businesses communicate with their customers. Braze’s bull case is focused on this company’s fast progression towards break-even profitability….
simonkr/E+ via Getty Images These are interesting times for the electric vehicle market. As I just wrote about in an article published recently, Rivian Automotive (RIVN) seems to be facing an existential crisis, while other companies like Ford Motor Company (F) are bracing for weak demand. Increased competition is pushing prices down, and consumers are…
Yuichi Yamazaki Elevator Pitch Fanuc Corporation (OTCPK:FANUY) (OTCPK:FANUF) [6954:JP] is rated as a Hold. Previously, I wrote about Fanuc Corporation’s shareholder capital return moves and the company’s short term headwinds in my January 9, 2024 article. This latest update focuses on FANUY’s prospects for the near term and long run. On one hand, I have…
Editor’s note: Seeking Alpha is proud to welcome Kenio Fontes as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » Jacek_Sopotnicki In recent years, Warner Bros. (NASDAQ:WBD) has faced…
Michael Vi The remarkable ascent of Palantir Technologies’ stock (NYSE:PLTR) in the past year, spurred by growing investor confidence and significant government contracts, marks a significant shift from the skepticism highlighted in my initial analysis. To delve deeper into this transformation: Investor Confidence and Market Dynamics: Palantir has captivated retail investors, particularly enthused by its…
jetcityimage In January, Aeva (NYSE:AEVA) announced a win with Torc and Daimler Truck for its newest sensor, Atlas, and the development of autonomous technology. The win has a two-pronged approach, as per the news release: “Aeva will supply its latest Aeva Atlas™ automotive grade 4D LiDAR technology to Daimler Truck and collaborate with Torc Robotics,…
Hispanolistic Equity flows have improved in recent weeks. Despite cash continuing to pour into money market funds over the past year-plus, investors are seemingly willing to step out onto the risk curve, putting more liquidity to work into stocks and high-grade fixed-income. That bodes well for asset management firms, but not all of these companies…
SOPA Images/LightRocket via Getty Images Last year was a tough one for Ørsted A/S (OTCPK:DNNGY), which saw massive impairments of roughly $4 billion on its Ocean Wind United States projects. This was the result of a decision to cancel them, due to several factors including high inflation, rising interest rates, and supply chain issues that…
Xiaolu Chu Investment thesis: Having established itself as a dominant, profitable EV producer, Tesla (NASDAQ:TSLA) recently moved on to the next phase in its competition with emerging EV producers, namely an increasingly brutal fight for market share. With the backing of solid profit margins, it can afford to undercut competitors, especially in the Developed World,…
Having solidified his political legacy by effectively addressing the issue of gang violence in El Salvador, Nayib Bukele has not only secured an extraordinary second presidential mandate but has also propelled his New Idea Party to a resounding victory in the legislative realm. Bukele’s historic triumph in the presidential race saw him clinch an impressive…
RTimages/iStock via Getty Images Most commentary about fintech company SoFi (NASDAQ:SOFI) focuses on “micro” issues, most typically some measure of its revenue and customer growth. I’m adding to the conversation by focusing on SoFi’s “macro” issues, namely: Demand – What are the growth rates of the products that SoFi is competing for? Supply – What…
metamorworks In May 2022, I believed that Dover Corporation (NYSE:DOV) had seen a re-rating to fair levels, after shares had seen a massive pullback, having fallen by a quarter in about half a year’s time. Despite emerging headwinds, the valuation looked a lot more fair, as Dover continued to pursue a bolt-on dealmaking and execute…
nycshooter After a rather turbulent start to 2024 in the case of Boeing (NYSE:BA), the company and stock are setting up for a difficult year. The current events might create a new distraction, but together with previous and other product quality issues and even deadly crashes, such events cannot be seen in isolation anymore. This…
Justin Sullivan/Getty Images News One central theme impacting markets today is the weak performance of many consumer staples companies. Last week, I covered Hormel (HRL), which has lost considerable value after losing profit margins through its failure to pass rising input costs onto its product prices. This is one of many examples seen amongst consumer…
After FTX collapsed, scornful critics widely ridiculed Caroline Ellison’s approach to stop losses. ‘I just don’t don’t think they’re an effective risk management tool,’ she infamously told an audience during FTX’s heyday. But did she have a point? Venturing into the crypto asset management realm presents a unique set of challenges that differ widely from…
Lichtwolke Customers are violently opposed to a day rate that starts with a 5 at this point in time… they certainly don’t want to be the first to agree to a contract of that dayrate but it’s going to happen. Jeremy Thigpen The business climate is gradually becoming favorable to offshore contract drillers as the…
tupungato Investment Thesis Hertz Global Holdings (NASDAQ:HTZ) faces a bumpy road ahead after its ambitious push into electric vehicles failed to gain traction. Selling off nearly a third of its EV fleet represents a drastic reversal from previous pronouncements that “EVs are now mainstream.” Financial damage has already emerged through higher expenses and impairment charges….
IgorSPb/iStock via Getty Images Shares of Costamare (NYSE:CMRE) have rebounded notably in recent weeks. This can be attributable to the company’s dry bulk and containership fleets, which are likely set to benefit notably from the ongoing safety issues in the Red Sea, averting vessel passage in the Suez Canal. However, I believe that the market…
EvgeniyShkolenko/iStock via Getty Images Investment thesis Our current investment thesis is: Leidos is positioned to achieve healthy long-term growth, owing to its focus on government contracts in sectors of resilience and ones that are benefiting from tailwinds. Underpinning this is deep expertise and a competitive pricing/margin structure. The company does not look overly competitive relative…
Funtap UiPath (NYSE:PATH) has been one of the most hyped IPOs of the COVID bubble and has since dropped over 80% to its lows until it recovered in 2023, now down 62% since IPO. The company operates in a high-growth market, so let’s take a look without further ado. Robotic Process Automation Industry UiPath operates…
CZ is not the only popular crypto figure that made it to Bloomberg’s world’s 500 richest people in 2023. Brian Armstrong had a net worth of $7.25 billion. Changpeng Zhao (CZ), the founder and former CEO of Binance, has once again made it to Bloomberg’s Billionaires Index for 2023 despite facing regulatory challenges in the…
Love Employee At a Glance bluebird bio’s (NASDAQ:BLUE) recent FDA approval of Lyfgenia (lovo-cel), a development I’ve previously analyzed, marks a continued advancement in sickle cell disease [SCD] treatment. Notably, since my last analysis, the company has transitioned from seeking approval to facing the real-world challenges of commercialization. These include Lyfgenia’s high cost and black…
Edwin Tan /E+ via Getty Images Investment Thesis Sinclair, Inc. (NASDAQ:SBGI) core advertising business has remained strong, however, I expect macro headwinds to cause pressures going forward. The company’s television stations and cable networks are encountering a challenging outlook, with the risk of a recession and the ongoing shift towards digital platforms posing challenges for…
LumiNola/iStock via Getty Images CPI Card Group (NASDAQ:PMTS) produces Debit, Credit, and Prepaid Debit cards for banks and other customers in the United States. The company has been able to turn its growth around after 2017, improving the company’s bottom line constantly. In 2023, though, CPI Card Group has experienced challenging demand, resulting in a…
FTX’s legal team noted in the filing that paying the $24 billion could impede the repayment of funds to the exchange victims. Lawyers representing the bankrupt cryptocurrency exchange FTX have contested the United States Internal Revenue Service (IRS) claim of $24 billion in unpaid taxes. The attorneys insist that the IRS must substantiate its demands,…
KanawatTH Albemarle Corporation (NYSE:ALB) exhibited a notable performance in Q3 2023, marked by an increase in net sales due to the growth in the energy storage sector. However, the company has faced challenges in maintaining its profitability, with a decline in net income and adjusted EBITDA, primarily due to the fluctuating prices in the lithium…
Roland Magnusson Breaking news today in the telecom space had traders shifting positions. AT&T (T) announced that it would buy up to $14 billion of cell tower equipment with Ericsson (NASDAQ:ERIC). Shares of the Swedish supplier closed 4% higher on Tuesday while rival Nokia (NOK) suffered a 5% stock price dip. The contract was considered…
zxvisual/iStock via Getty Images Shares of SL Green Realty Corp. (NYSE:SLG) popped over 6% on Monday in response to the company’s Investor Day, where it announced a slew of actions, including a dividend cut and asset sale, to strengthen its business amidst the ongoing downturn in office real estate. Shares are now actually higher than…
anusorn nakdee BioLineRx Ltd. (NASDAQ:BLRX) is a biopharmaceutical company founded in 2003 with headquarters in Israel and offices in the US. BLRX’s shares are traded in NASDAQ and TASE. Notably, BLRX has developed Aphexda, motixafortide for injection, the first drug FDA-approved for stem cell mobilization in multiple myeloma patients in a decade. The FDA approved…
When asked about the SEC’s long-term vision for cryptocurrency regulation, Peirce admitted she couldn’t provide a definitive answer but emphasized the importance of adhering to the mandate given by Congress. Hester Peirce, a Commissioner at the US Securities and Exchange Commission (SEC) and also popularly known as ‘crypto mom’, is expressing concerns over the need…
gorodenkoff Investment Thesis Veeva Systems Inc. (NYSE:VEEV) stock is well-placed with lower expectations, as it heads to report its fiscal Q3 2024 results, expected post-market on Wednesday 6 December 2023. I now believe that this is a good entry point for investors to start averaging into their holding of Veeva. For a long time, as…
Khanchit Khirisutchalual/iStock via Getty Images Investment Thesis In May, I discussed how investors could optimize the iShares Core Dividend Growth ETF (NYSEARCA:DGRO) using a combination of three other low-cost dividend ETFs, but nevertheless, it was still a solid ETF. However, in the last six months, DGRO’s fundamentals have deteriorated, and I want to express my…
Nvidia is also working on two other chips, the L20 and L2, for the Chinese market. According to the Reuters report, one of the chips, L20, is not facing delays and is expected to launch according to the original schedule. Nvidia Corp (NASDAQ: NVDA), the California-based AI chip giant, has notified its Chinese customers of…
Zerbor/iStock via Getty Images By James T. Tierney, Jr. Recent labor agreements in the auto and airline industries spotlight the profitability conundrum facing US companies – and equity investors. Pricing power and cost containment are essential ingredients for companies looking to expand profit margins. We’ve seen this clearly in 2023, when some of the best-performing…
LYagovy/iStock via Getty Images Aspen Aerogels (NYSE:ASPN) has had a wild ride for the last few years. After reaching $60 two years ago, it dropped 90% and is back to its 2019 price when I began to cover it. A lot has changed, and a lot is quite similar. We will go through both the…
SCM Jeans/iStock Editorial via Getty Images I have been covering General Dynamics (NYSE:GD) financial results since June 2023 and I attached a buy rating to the stock despite supply chain challenges. That rating has worked out well so far with a 15.8% appreciation in share prices and a total return of 17.2% while the broader…
Miquel Benitez/Getty Images News Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed Logitech International S.A. (NASDAQ:LOGI) valuation at that time had fully priced in my expectations. I am reiterating my hold rating for LOGI, given its weak second-quarter 2024 results. The company is grappling…
Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities. The popular crypto exchange Coinbase Global Inc (NASDAQ: COIN) is locked in a major legal battle with the Securities and…
Everste Company Description Academy Sports and Outdoors (NASDAQ:ASO) – Consumer Discretionary – Specialty retailer Founded in 1938, Academy Sports And Outdoors (“the company”) is a sport, outdoor, and recreational goods retailer that offers a vast selection of value-priced goods in the United States. Currently, it operates 270 locations under the Academy Sports And Outdoors name,…
JariJ Swedish telecommunications giant, Telefonaktiebolaget LM Ericsson (NASDAQ:ERIC) faces a challenging landscape with a 10% YoY sales drop, a net loss, and ongoing negative cash flow in its latest Q3 2023 financial report . Uncertainty in the economic market has led to the company refraining from providing 2024 guidance. While Ericsson remains a significant industry…
naphtalina/iStock via Getty Images Investment Summary The carve-out of Embecta Corp. (NASDAQ:EMBC) from Becton, Dickinson (BDX) in April last year has failed to materialize a gain in shareholder wealth, with its equity stock selling at its lowest marks since the new listing. EMBC has diverged from key equity benchmarks and now has >9% short interest…
Brandon Bell Investment action Based on my current outlook and analysis of Campbell Soup Company (NYSE:CPB), I recommend a sell rating. CPB is currently traversing a complex environment marked by poor quarter results, evolving consumer preferences, and strategic moves that present a blend of potential benefits and uncertainties. While select brands under CPB’s umbrella have…
This strategic investment, totaling around $65 million, translates to approximately 0.01 percentage point in each bank. The impact on the market was immediate and substantial, with shares of these major banks soaring between 2.43% and 4.73% in the early hours of Thursday. China’s sovereign wealth fund, Central Huijin Investment Ltd, has taken a significant step…
The Netherlands took the lead among European Union member states by mandating that crypto companies adhere to the 5th Anti-Money Laundering Directive (5AMLD). Leading cryptocurrency exchange Gemini has decided to halt its operations in the Netherlands, citing mounting regulatory hurdles imposed by the Dutch central bank De Nederlandsche Bank (DNB). The move follows the footsteps…
yorkfoto Introduction On September 24, I co-published an article with Brad Thomas on increasing risks in the real estate space. We focused on multi-family housing, which is one of the sectors seeing billions of dollars of inflows from investors. Despite being one of the healthiest segments, it is now seeing some serious cracks, as we’re…
EAGiven Major multinational energy company Chevron Corporation (NYSE:CVX) is an energy investing staple. The stock price is up 14% from my last review. The company offers investors a 3.6% dividend coupled with a stock buyback program of up to several billion dollars per year. Chevron’s low-royalty Permian acreage is a bigger competitive advantage than most…
naphtalina/iStock via Getty Images Investment briefing Since the last publication on Addus HomeCare Corporation (NASDAQ:ADUS) the stock has sold off sharply and now trades at 52-week lows. Recent proposals made by The CMS have weighed in heavily, and the company’s soft economic performance is only adding fuel to the fire here in my opinion. This…
Cindy Shebley/iStock Editorial via Getty Images Intro Winnebago Industries, Inc. (NYSE:WGO), based in Minnesota, has been making recreational vehicles since 1958. They generated around $5 billion in revenue as of 2022. In recent years, they expanded into towables, accounting for 83% of their RV unit volume. They also ventured into boating and acquired companies like…
dgdimension Technip To Hold Its Ground I have been discussing Technip Energies N.V. (OTCPK:THNPY) in the past, and you can read the latest article here. The company’s outlook has brightened following the continued involvement in the second phase of Qatar NFE’s LNG expansion project. It is also involved in similar projects in the Americas and…