ER Productions Limited/DigitalVision via Getty Images Back in November, I concluded that Alphatec Holdings (NASDAQ:ATEC) was still not having my back. A focus on growth, rather than margin improvements, made me cautious, resulting in continued losses. In fact, the stubbornness of focusing on growth, rather than shareholder value, was a major negative for me. The…
Marko Hannula/iStock Editorial via Getty Images Dear readers/followers, In this article, I mean to provide you with an update on Skanska (OTCPK:SKSBF) (OTCPK:SKBSY). My last update on the ticker in question was back in early December of last year, and I shifted my rating to “HOLD” at that time, from a “BUY”. In this article,…
Jon Tetzlaff/iStock Editorial via Getty Images Transportation sector bellwether, J.B. Hunt (NASDAQ:JBHT), is set to report its Q1 results after the market closes on Tuesday. Heading into the release, shares have underperformed over the last six months, with losses of nearly 4% during this timeframe. The stock is also down about 7% YTD. In my…
NUTCHAPONG WUTTISAK/iStock via Getty Images HilleVax, Inc. (NASDAQ:HLVX) is gearing up to report a critical catalyst in the coming months, which is going to provide significant proof of whether or not its Virus Like Particle [VLP] HIL-214 can prevent moderate-to-severe Norovirus-related acute gastroenteritis. In particular, it expects to report results from a phase 2/3 study…
courtneyk Earlier today, the Bureau of Labor Statistics released the February nonfarm payroll report. The report showed that the economy generated 275,000 jobs in the month of February, which was stronger than expected, but the unemployment rate rose to 3.9%. Part of the offset in the strong jobs report was the downward revisions of the…
onurdongel The following segment was excerpted from this fund letter. MRC Global (NYSE:MRC) Another recent addition to our portfolio is MRC Global, a distributor to oil & gas drillers, natural gas utilities, and other industries-think fittings, valves, pipes, and the like. MRC is an “ok” business-neither wonderful nor terrible, but simply boring and profitable. It…
Kagenmi/iStock via Getty Images We believe the Brazilian market faces a favorable environment in 2024 due to factors such as continued rate cuts, GDP growth, and attractive valuations. In 2023, Brazilian equities experienced significant growth, with the Bovespa Index rising by 22.3% for the year, approaching its all-time high. This performance is notable given the…
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…
Pgiam/iStock via Getty Images Investment Briefing As a value investor, when owning the securities of listed corporations, I want to maximize our return on equity (“ROE”) whilst minimizing the price paid relative to net assets (“price to book”) and projected earnings (“price to earnings”). That is, maximise value relative to price. Too many investors think…
DaLiu/iStock via Getty Images Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your…
adventtr Dear readers/followers, If there’s a single positive thing I can say about my thesis and my following of BESI, or BE Semiconductor (OTC:BESIY), it’s the fact that I have a documented long position in the company that I have not yet sold. However, I’ve also made the mistake of underestimating the pathway to overvaluation…
Boxun Liu/iStock via Getty Images Investment Thesis: I continue to take a long-term bullish view on Swiss Re given strong premium growth and an upward trend in return on equity. In a previous article back in October, I made the argument that Swiss Re AG (OTCPK:SSREY) has the potential to see further growth going forward,…
jetcityimage Dear readers/followers, It’s time to update on my investment in Hyundai (OTCPK:HYMTF), a successful and profitable automotive investment. My own investment is not in the ADR, but in the native Korean ticker 005380. This follows my pattern of pretty much always going for the native tickers of investments. Even if the company’s performance for…
Pgiam/iStock via Getty Images Investment updates Investors should be fairly compensated for the capital they put at risk when investing with a company. Stock market investors are not providers of capital per se-unless in IPOs or secondary offerings, etc.-but they do provide capital indirectly through reinvestment of retained earnings. Consequently, investors mark the valuations of…
tomeng/iStock Unreleased via Getty Images Cirrus Logic (NASDAQ:CRUS) reported significantly better than expected earnings, but shy of ours. The primary reason falls within the general market business collapsing in similar fashion to others exposed in the Android market. Our past article, Characterization Of Cirrus Logic’s Fiscal Year 2024 And A Little Beyond, opened the door…
phaisarn2517 Credit event or not, I think we can all agree that geopolitical risks continue to be in a secular uptrend. Because of that, the Invesco Aerospace & Defense ETF (NYSEARCA:PPA), which seeks exposure to the aerospace and defense sectors, is probably worth a long-term allocation. No matter what happens to the economy, defense spending…
naphtalina/iStock via Getty Images Investment briefing It turned out to be a prudent call to hold off investing in the equity stock of DaVita Inc. (NYSE:DVA) in my last coverage. Since that publication in July, the firm hasn’t unlocked additional risk capital for equity investors, as seen in Figure 1. The stock now sold below…
MicroStockHub By Muhammet Mercan With monthly inflation at 4.75% (close to our call of 4.7% and the market expectation of 4.9%), annual inflation continued to rise in September, reaching 61.9%. This compares to the government’s full-year estimate of 65% as laid out in its medium-term plan and the central bank’s forecast of 58%, which it…
Galeanu Mihai A Quick Take On Couchbase Couchbase, Inc. (NASDAQ:BASE) reported its FQ2 2024 financial results on September 8, 2023, beating both revenue and consensus earnings estimates. The firm provides various database technologies that operate across public, private and hybrid cloud environments. I previously wrote about Couchbase with a Hold outlook. Compared to MongoDB’s (MDB)…
Bastiaan Slabbers “Every organization should tolerate rebels who tell the emperor he has no clothes”…Colin Powell We’ve had heard that Disney (NYSE:DIS) was rumored to be in contact with Amazon (AMZN) about them writing the big check for the whole mouse house. Also buzzing was that Apple (AAPL) actually might be the candidate to take…
Matteo Colombo Investment Updates The price risk in Mesa Laboratories, Inc. (NASDAQ:MLAB) equity stock remains well in situ despite a balanced set of Q1 FY’24 numbers, and a turn off its 52-week lows in the last few months. Since my June publication on MLAB the major headwinds to it rating back to previous highs remain…
Wirestock/iStock Editorial via Getty Images Kering (OTCPK:PPRUF) (OTCPK:PPRUY) announced its H1-23 results, reporting an underwhelming 2% growth Y/Y, an operating margin decrease, and close to zero free cash flow. The luxury group continues to lag behind industry leaders in LVMH (OTCPK:LVMHF) and Hermès (OTCPK:HESAF), with no clear sign of change approaching, but the management transformation…
Pgiam/iStock via Getty Images Investment briefing Following its latest set of numbers the investment case for Quipt Home Medical Corp. (NASDAQ:QIPT) has only ripened further in my opinion. Since my April publication the company has sold off with a c.$3/share correction. The price line is now wedging up, setting higher lows after closing higher on…
Wolterk Investment thesis Our current investment thesis is: Ross Stores is a highly attractive business, owing to its consistently strong distributions, earnings growth, and scope for strong future returns through strong financials. Underpinning this is a quality commercial profile. The business has two strong brands, a broad variety of desirable products, healthy store growth, and…