manley099/E+ via Getty Images BRF S.A. (NYSE:BRFS) is a Brazilian meatpacker specializing in poultry, pork, and processed foods. The company operates globally and owns Brazil’s leading meat-based product brands, Sadia, Perdigao, and Qualy. I recently started covering BRF with a Hold rating. The reason for the Hold was a high EV/cycle-average NOPAT multiple for a…
JHVEPhoto Jefferies Financial Group (NYSE:JEF) is a bank focused on investment banking and capital markets, which does not have any particular competitive advantage in the industry. This makes its business very exposed to market cycles, leading to volatile financial figures. Not surprisingly, its valuation is usually at a discount to peers and currently its shares…
justhavealook Wall Street loves MU now Wall Street now loves Micron (NASDAQ:MU) stock. The chart below summarizes the sentiment on MU between Seeking Alpha writers and Wall Street analysts. As seen, Seeking Alpha writers are already pretty bullish on the stock, giving it an overall rating of 3.5. Wall Street is even more bullish. Of…
simonkr Separate The Secular Growth From The Cyclical Supply-Demand Balance Albemarle (NYSE:ALB) has been a challenging stock to rate since I started covering it on Seeking Alpha in 2019. The secular growth of electric vehicle usage creating long-term demand growth for lithium is well-accepted. In the shorter term, small fluctuations in the supply-demand balance can…
mixmotive Annual Update Union Pacific is a long-term member of my investing universe. I last wrote about the company and provided an intrinsic valuation about a year ago (Union Pacific Stock: Intrinsic Value Update). This article updates the key sector statistics, provides a valuation update and an investing recommendation. Rail Sector Overview The US rail…
kunchainub/iStock via Getty Images Dear readers/followers, I’ve been a long-term investor in Nolato (OTCPK:NLTBF) since the company dropped below 50 SEK and I started to seriously load up on this undervalued swedish industrial. The company, to give you a bit of a reminder is a polymer business with a strong focus on medical solutions, integrated…
Russell Porcas/iStock via Getty Images Investment thesis Carpenter Technology Corporation (NYSE:CRS) is not a growth company. Over the past 11 years, its revenue only grew at 1.2 % CAGR. Sales volume declined. Its earnings have been very volatile and I have concerns about its business fundamentals. The company has set a goal to double the…
TerryJ/E+ via Getty Images These are still good days for process end-markets like oil/gas and chemicals, and Flowserve (NYSE:FLS) is reaping the benefits as the company continues to generate strong growth from its backlog, as well as ongoing aftermarket demand. Beyond this near-term momentum, the company has leverage to several new growth markets, including LNG,…
Alfribeiro Since my previous article on Suzano S.A. (NYSE:SUZ), the leader in the pulp and paper industry, the company has released its second-quarter 2023 results. Additionally, the Brazilian central bank cut its benchmark interest rate by half a percentage point on August 2 and repeated the action on September 20, indicating the start of a…
champc Our September Cyclical Forum was the first to be held in London, where the economic situation today reflects what’s happening around the world. The Bank of England (BOE) is nearing the end of a long journey to raise interest rates. This tightening of monetary policy has fueled increased volatility in U.K. financial markets, and…
cemagraphics Introduction French cabling specialist Nexans (OTCPK:NXPRF) is the largest position in my stock portfolio at the moment and I’ve been looking for other investment opportunities in France. One company that caught my attention is steel producer Aperam (OTC:APEMY) due to its 7.1% dividend yield and solid balance sheet. While 2023 is shaping up as…
RichVintage Introduction This article builds on prior signal event articles with more explanations on how to benefit some of our efforts. As more data points are collected, more insights are gained. The last Momentum Memo discussed the strong June 1 Momentum Gauge breakout signal that has led to the longest positive run of the year….