ariya j/iStock via Getty Images Don’t hope. Hope is for people who aren’t prepared. – Kareem Abdul-Jabbar THE MACRO VIEW The Weekly MACRO report should serve as a time to pause and reflect on the Bigger picture that is never as volatile and tumultuous as the everyday/weekly market scene. Given the frantic pace of the…
Andy Roberts First and foremost, we define technology (TECH) exposure as the combination of the Communication Services and Information Technology GICS sectors. Tech spans multiple customer segments (consumer vs. enterprise), business models (advertising, subscriptions, hardware, chips, etc.), and end-markets. For example, a large internet company monetizing consumer attention via advertising will look and behave a…
imaginima On Friday, April 26, 2024, oil and gas supermajor Exxon Mobil Corporation (NYSE:XOM) announced its first quarter 2024 earnings results. At first glance, these results were somewhat mixed. The company did manage to beat the expectations of its analysts in terms of revenue, but unfortunately, it missed their earnings expectations. For its part, the…
Adam Gault In this article, we take a quick look at the patterns of the current CEF sell-off and highlight a number of potential opportunities in the space. We see that the start of the most recent sell-off has roughly coincided with the start of April. Specifically, the S&P 500 hit a local high on…
Robert Way China’s leading jewelry seller has benefited from spiking gold prices that reached an all-time high after Iran’s drone attack on Israel last week In gold-crazy China, the showroom of Chow Tai Fook Jewelry Group Ltd. (OTCPK:CJEWF, OTCPK:CJEWY, 1929.HK) in Hong Kong’s Central business district is a bit of fantasy land featuring the many…
Ezra Bailey/DigitalVision via Getty Images I recently have dedicated several articles to companies operating in the photovoltaic sector, highlighting their growth prospects as well as their underlying risks. The present analysis is focused on Invesco Solar ETF (NYSEARCA:TAN), one of the few financial instruments allowing to invest in this booming sector, benefiting from long-term growth…
Jeremy Poland Following my articles on Sunnova (NYSE:NOVA) and SunPower (NASDAQ:SPWR), today’s analysis will focus on Sunrun (NASDAQ:NASDAQ:RUN), another company operating in the distributed systems sector. As I have extensively discussed in previous articles, I am particularly bearish about the sector, as it is characterized by companies with high levels of debt, high capital requirements,…
The Good Brigade Overview My recommendation for Toll Brothers, Inc. (NYSE:TOL) is a buy rating, as I expect the business to continue benefiting from the current macro backdrop, and the recent commentary about strong demand going into February 2024 is a good sign of this. Management has also shown their capability to position the business…
Dilok Klaisataporn/iStock via Getty Images Garrett Motion Inc. (NASDAQ:GTX) recently offered optimistic figures with regard to light vehicles turbo penetration on internal combustion engines for 2030. With many analysts expecting an increase in EPS in 2025 and 2025 net sales growth, I believe that GTX could be under the radar of many investors out there….
Editor’s note: Seeking Alpha is proud to welcome Thomas Shields 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 » Spencer Platt/Getty Images News Investment Thesis I evaluate companies…
sturti/E+ via Getty Images Thesis Telecom construction company Dycom Industries, Inc. (NYSE:DY) has been on an earnings tear since early 2022. Investors were piling in and pushing up the share price even earlier: Data by YCharts The pace of earnings growth is expected to be relatively slow in the first half of this fiscal year…
monsitj In this article I outline how I will allocate the money in my retirement fund for the month of April. I will use the 10-month exponential moving average (EMA) and a relative strength ratio to determine where my money will go among four ETF choices: SPDR S&P 500 ETF (NYSEARCA:SPY) , Vanguard Extended Market…
Jarmo Piironen/iStock Editorial via Getty Images Neste (OTCPK:NTOIY) (OTCPK:NTOIF) is a Finnish company involved in the refining and sale of oil and renewable fuels, also owning a network of 948 service stations in the Scandinavian region. I believe the company is well positioned to capitalize on the growing use of renewable fuels, the demand for…
jetcityimage Investment Thesis Company Overview Coca-Cola (NYSE:KO), founded in 1886 and headquarters in Atlanta, Georgia, is a total beverage company with its trademark products sold around the world in over 200 countries. Its segments are categorized by geographical locations as well as operation concentration such as Europe, Middle East & Africa (“EMEA”), Latin America (“Latam”),…
BalkansCat After falling precipitously in 2022 and 2023, The Estée Lauder Companies Inc.’s (NYSE:EL) share price has somewhat stabilized in recent months. With EL stock now trading at levels last seen in 2019, it might seem now is a good time to buy. Data by YCharts The contrarian thesis for EL is also supported by…
SolStock In this current environment, it may not dawn on you that some of the more attractive prospects out there could be companies that would be counterintuitive. Furniture and similar goods, for instance, are not exactly the kinds of items that are in high demand when the economy is faced with high interest rates aimed…
garett_mosher Starbucks Corporation (NASDAQ:SBUX) hasn’t been participating in the upside rebound of the overall broader market indexes over the last four months. Instead, shares of the coffee chain have been moving mostly sideways. Over the last six months, it’s been even more noticeable in terms of the divergence of SBUX relative to (SPY) and even…
ridvan_celik Investment Thesis Since the post-COVID normalization, DocuSign (NASDAQ:DOCU) has been a hot topic among investors. Often heavily scrutinized for their failed attempts to turn around the firm, including making top-leadership changes, making strategic go-to-market strategy, etc, growth has failed to recover. On the other hand, investors appreciate the firm’s high operating margin and substantial…
imaginima Dear readers, Prologis (NYSE:PLD) is a global industrial REIT which needs little introduction. If you live in a major city in the Western world, chances are that you’ve driven past Prologis’ warehouses countless times. The company owns 1.2 Billion sft of space on four continents and in 20 countries and completely dominates the sector…
INA FASSBENDER/AFP via Getty Images E.ON (OTCPK:EONGY) is a slow-growing utility company, with most of its income coming from energy networks that are heavily regulated by governments. The company is considered a stable dividend payer; however, you have to buy it at the right price to achieve a reasonable dividend yield. This is not the…
SOPA Images/LightRocket via Getty Images Mortgage REITs are always a favorite of income investors, but the sector struggles under certain market conditions. Double-digit yields have always – and likely will always – attract those looking for “safe” returns, but in my view, mortgage REITs carry elevated risk at the moment. The run off of the…
Parradee Kietsirikul Autodesk (NASDAQ:ADSK) has many marks of a great business. AutoCAD is the industry standard for design, drafting, detailing and visualization software for architects and a variety of engineering professions. Infrastructure spending should be a perpetual tailwind for Autodesk. Global Infrastructure Outlook estimates more than $2.5T is invested in global infrastructure each year. As…
PM Images The BlackRock Limited Duration Income Trust (BLW) is a closed-end fund that specializes in providing investors with a very high level of current income from the assets in their portfolios. The fund’s 9.23% current yield is a testament to its success in this area, and indeed this yield is somewhat higher than some…
monsitj In this month’s article, I outline why I will maintain my position of having 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will not have a cash position. First, let me review my pension plan performance in December. The market, as measured by the S&P 500 index,…
OGphoto Introduction At our Conservative Income Portfolio service, we look for under-the-radar bargains. KMPB is one example, and I am the only Seeking Alpha analyst covering this very interesting and undervalued baby bond. Kemper Corporation Kemper Corp. (NYSE:KMPR) is a well-known insurance company, actually a family of insurance companies. The fact that their name is…
yasindmrblk/E+ via Getty Images Thesis I remain positive about Tractor Supply Company (NASDAQ:TSCO) due to its strong growth potential. Although the company has posted mixed results in the recent past as the demand has continued to be affected by seasonal factors, I believe a rebound is on the cards in the latter half of 2024….
helen89 The Q3 earnings season for the restaurant industry saw mixed results overall, with weak quarters from several casual dining brands like Applebee’s (DIN), Cracker Barrel (CBRL), and Bloomin’ Brands (BLMN), offset by strong quarters from Restaurant Brands International (QSR), Chipotle (CMG), and Wingstop (WING). Fortunately, BJ’s Restaurants (NASDAQ:BJRI) was one of the better-performing names…
champc Written by Nick Ackerman, co-produced by Stanford Chemist. The last time we touched on the Gabelli Convertible & Income Securities Fund (NYSE:GCV) was earlier this year in April. At that time, it was a recap to touch on how our prior idea of swapping GCV in favor of the Ellsworth Growth and Income Fund…
Andrii Dodonov By Behnood Noei, CFA and Andrew Okrongly, CFA Executive Summary Even after the recent rally in interest rates, agency mortgage-backed securities (agency MBS) still appear attractive from both a fundamental and technical basis and offer a compelling level of yield/income compared to other fixed income asset classes A segment of this market that…
M. Suhail The Q3 Earnings Season for the restaurant industry is finally over and the results were mixed overall, with weaker reports out of names like Dine Brands (DIN) and Cracker Barrel (CBRL) offset by continued sales momentum for industry leaders like Restaurant Brands International (QSR) and Chipotle (CMG). Fortunately, share-price performance following the reports…
jimfeng Investment thesis Canadian Pacific Kansas City Limited (NYSE:CP) is poised to see improved growth as clients realize the value proposition of the combined CP KCS railroad system and the company benefits from revenue synergies from the merger. Further, nearshoring trends, recovery in automotive and potash markets, bottoming of housing market and market share gains…
monsitj In this month’s article, I outline why I will reverse last month’s decision and return to having 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will not have a cash position. First, let me review my pension plan performance in November. The market, as measured by the…
Sitthiphong Despite the rally in the S&P 500 in 2023, many smaller cap stocks continue to be trading at near-depressed levels. This gives investors who have the stomach for increased volatility plenty of opportunities. One company I’d like to discuss is Green Dot (NYSE:GDOT). Understanding the Business Potential Just a brief background on the company,…
Dr_Microbe Summary of prior coverage This is an update of my previous coverage of Seres Therapeutics (NASDAQ:MCRB). To sum up my prior coverage, VOWST (MCRB’s flagship and only approved product) represents the first commercial FDA-approved orally administered microbiome-based therapy in capsule form for prevention of recurrent C. difficile infection [CDI]. VOWST is approved for 1st…
Scharfsinn86/iStock via Getty Images Readers of my previous work may already know, that I believe that hydrogen will play an increasingly important role as a source and storage of energy. Whatever the use case, the first step must inevitably be the production of hydrogen. And to produce hydrogen, an electrolyzer is needed. That is where…
JulieAlexK/iStock Editorial via Getty Images Alpine Income Property Trust, Inc. (NYSE:PINE) is a small cap REIT that owns and operates a portfolio of single-tenant net leased retail properties. The company model is similar to the earlier version of Realty Income (O). Realty Income has a market cap of $34.0 billion, while PINE has a market…
phive2015 Investment Thesis Illinois Tools Work’s (NYSE:ITW) revenue growth should benefit from strength in its end markets like Automotive OEM and Food and Equipment, the Chinese economy reopening gaining momentum, new product innovation, and market share gains which should more than offset the weakness in end markets like Semiconductors and Welding. Beyond 2023, the company’s…
jetcityimage Just over a year ago, I wrote on Jack in the Box (NASDAQ:JACK), noting that while the stock was becoming more reasonably valued, it was still hard to justify paying up for the stock at $75.00 given the difficult macro environment. Since then, we’ve seen JACK underperform the S&P 500 (SPY) by over 3000…
Gary Yeowell/DigitalVision via Getty Images In a tough environment for REITs, shares of British Land (OTCPK:BTLCY)(OTCPK:BRLAF) have largely tracked the misfortunes of the wider domestic space since the Bank of England kicked off its hiking cycle at the end of 2021. British Land Total Return vs iShares UK Property UCITS ETF (Source: Morningstar) Rapidly rising…
Leila Melhado Investment Thesis In my view, MercadoLibre (NASDAQ:MELI) has effectively carved a niche for itself in Latin America’s e-commerce sector. As online commerce gains momentum in the region, MercadoLibre’s understanding of local nuances has positioned it ahead of many global competitors. However, when evaluating its investment potential, a measured approach is essential. A discounted…
Hispanolistic/E+ via Getty Images The ALPS Equal Sector Weight ETF (NYSEARCA:EQL) takes a unique approach to large-cap U.S. equities diversification. The fund invests across the 11 “Select Sector SPDRs”, which are the exchange trade funds covering the S&P 500 Index (SP500) in an equal proportion. By this measure, EQL is technically a fund of funds…
Various Tesla Models Charging At The Company’s Super-Chargers Justin Sullivan/Getty Images News Tesla, Inc. (NASDAQ:TSLA) may no longer be valued at a trillion dollars, but its share price still implies that it is worth close to the entire rest of the global car manufacturers combined. To justify this valuation, the company would need to not…
Pgiam/iStock via Getty Images Investment summary Since my last Repligen Corporation (NASDAQ:RGEN) publication, the stock has continued to track lower and continues within its longer-term downtrend (Figure 1). The latest investment updates do little, if anything, to change the company’s neutral view. Shares still trade at 88x forward earnings, Q2 numbers were relatively flat, and…
Sara Pons/iStock Editorial via Getty Images Introduction The last few months have been hard on Frontera Energy Corporation (OTCPK:FECCF), a Canadian based E&P company with principal operations in Latin America. We have discussed them previously, and I will commend you to that for a deep dive. We gave them a buy recommendation in March of…
primeimages In this month’s article, I outline why I will keep 100% of my pension plan assets invested in the SPDR S&P 500 ETF (NYSEARCA:SPY). I will have no cash position. First, let me review my pension plan performance in September. The market, as measured by the S&P 500 index, lost 4.87% for the month,…
Dragon Claws Investing strategies often have to evolve as market conditions become more challenging. While the S&P 500 (SPY) and most of the major indexes rose significantly over the last two decades, past performance is not always indicative of future results. With a slowing economy, inflation levels still at very high rates, and political uncertainty…
Fly View Productions Introduction I’ve been a customer of Kearny Financial (NASDAQ:KRNY) (or its predecessors) since 1999, and have been writing about investing in Kearny Financial (KRNY) for nearly three years on Seeking Alpha. Wall Street entities rating the stock, (at least according to my Schwab brokerage account), have rated the shares all over the…
fullvalue Investment thesis Following the company’s enormous expansion that took place in the 2013-2016 period boosted by acquisitions, Douglas Dynamics (NYSE:PLOW) has been facing various headwinds since the outbreak of the coronavirus pandemic, including manufacturing disruptions and lower demand caused by mandatory lockdowns in 2020, and subsequent supply chain issues, labor shortages and inflationary pressures…
Brandon Bell Investment Thesis AT&T (NYSE:T) has ran into terrible news sentiment once again. Despite the company showing quite good Q2 performance, investors still appear to be afraid of the possible lead cable investigation outcomes and DISH (DISH) competition. We believe that the market is overestimating what is written in the news. Currently, AT&T offers…
Editor’s note: Seeking Alpha is proud to welcome X’s Industry Analysis 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 » Michael M. Santiago Company Overview On Aug 23…