Cato Corporation: Commercially Doomed But Liquidation Upside Exists (NYSE:CATO)

AnnaZhuk/iStock via Getty Images Introduction and thesis The Cato Corporation (NYSE:CATO) is a leading retailer of women’s fashion and accessories, with a focus on offering affordable apparel and accessories for juniors, misses, and plus-size customers. Founded in 1946, the company operates primarily under the “Cato,” “It’s Fashion,” and “Versona” brands, with over 1,300 stores across…

Read More

ServiceNow: Commercially Interesting, But Dangerous Pitch At 15x EV/Sales (NYSE:NOW)

JHVEPhoto ServiceNow (NYSE:NOW) presents itself as an interesting investment pitch from growth and a broader commercial momentum perspective: After having expanded topline at a ~100% CAGR from 2013 through 2022, ServiceNow may still have attractive growth whitespace ahead, as the company is poised to play an important role in driving digital transformation. On that note,…

Read More

Adobe AI Tool Firefly Is Generally and Commercially Available

Firefly supports over 100 languages for text prompt inputs. Besides, the Firefly website has been localized for more than 20 languages, starting with Japanese, French, German, Spanish, and Brazilian Portuguese. On Wednesday, September 13, Adobe Inc (NASDAQ: ADBE) released its AI tool called Firefly. Previously, Firefly had been available as beta only. Now, this AI model…

Read More