shulz Overview My recommendation for Credo Technology (NASDAQ:CRDO) is a buy rating, as I have become more confident that growth will accelerate in the coming years. CRDO is also gradually diversifying its customer base, which is great as it reduces the volatility of growth. Given this positive outlook, I have shifted my view that CRDO’s…
Smith Collection/Gado/Archive Photos via Getty Images The pet care e-commerce market is an exciting space due to the increasing global pet adoption, rising consumer spending on e-commerce platforms, technological advancements for better customer experience, and the shift from pet ownership to ‘pet parenting’, which is fuelling market growth. Chewy, Inc. (NYSE:CHWY) is one of the…
Stefan Lambauer/iStock Editorial via Getty Images I’ve been following Gol Linhas Aéreas Inteligentes S.A. (OTCPK:GOLLQ) for a while and while many airlines received a buy rating driven by my independent stock valuation model, Gol was not one of those companies. In May 2023, I pointed out that Gol Stock looked like a buy but in…
SOPA Images/LightRocket via Getty Images Summary Readers may find my previous coverage here. My previous rating was a buy, as I believed Smartsheet (NYSE:SMAR) would see growth revert back to 30%, driven by continuous market share gains from existing Excel users and the conversion of free to paid users. As growth recovers, valuation should revert…
Vanguard, a major player in the investment management industry with over $7 trillion in assets, has taken a surprising stance by blocking customer access to Spot Bitcoin Exchange-Traded Funds (ETFs), according to multiple reports. The move comes as a notable deviation from the growing trend of institutional interest and adoption of Bitcoin-related financial products. Vanguard…
photobyphm Introduction I had a sell rating on Verizon (NYSE:VZ) in my previous article. At the time, my argument was that Verizon was in a precarious position in the competitive telecommunications industry. Unlike the company’s competitors, Verizon was reporting net customer number decline for both post-paid and pre-paid wireless customers for multiple quarters spanning about…
reklamlar/iStock via Getty Images Sprinklr (NYSE:CXM) is a company that develops SaaS for customer experience management across various channels, including social media. In the last four years, Sprinklr has been consecutively named in Gartner’s Magic Quadrant for Content Marketing Platforms, highlighting its capabilities in optimizing content management and maximizing client engagement. Unsurprisingly, CXM reported robust…
pilipphoto In July, I wrote a bullish article on Vita Coco (NASDAQ:COCO), but flipped to a “Hold” rating after the company lost a major private labor customer. With the company recently reporting earnings, let’s catch-up on the name. Q3 Results For Q3, COCO saw revenue rise 11% to $138.1 million, up from $124.0 million a…
FG Trade Latin/E+ via Getty Images Elevator Pitch My investment rating for Olo’s (NYSE:OLO) stock is a Hold. I have a positive view of OLO’s Q3 2023 financial performance and the company’s decision to raise its full-year guidance. But Wingstop’s (WING) recent insourcing move indicates that there are downside risks to OLO’s future revenue and…
kynny On Monday, shares of leading semiconductor solutions provider ON Semiconductor (ON) sold off by more than 20% following a surprise Q4 earnings warning with the projected shortfall mostly the result of substantially lower silicon carbide demand by a “single automotive OEM” as outlined by management on the conference call (emphasis added by author): (…)…
It was disclosed that FTX customers’ money was spent on business investments, political and charity donations, and real estate. Beleaguered cryptocurrency exchange FTX spent customer’s deposits for business investments, political contributions, charitable donations, real estate, and the buyback of shares from competitor exchange Binance. During a hearing on Wednesday at the ongoing Sam Bankman-Fried (SBF)…
Eoneren Introduction Arhaus (NASDAQ:ARHS) is an omni-channel retailer of premium home furnishings founded in 1986. The company has a strong brand and a healthy balance sheet but also faces several challenges, including poor customer reviews, quality issues, and low employee satisfaction. Additionally, Arhaus competes in a highly fragmented and competitive market, and its sales are…
VV Shots Investment Thesis I take the view that NatWest Group (NYSE:NWG) can continue to see upside from here, on the basis of continued customer loan growth despite macroeconomic pressures. In a previous article back in July 2022, I made the argument that while NatWest Group had been seeing a recovery over the past couple…
Introduction A group of shareholders of the Grayscale Bitcoin Trust (GBTC) have banded together in the first-of-its-kind activist campaign organized through X (formerly Twitter). Their goal: bringing legal action against Grayscale in an attempt to force them to allow redemptions for customer cryptocurrency held within the trusts it operates and to repay “exorbitant” management fees….