Originally published on Unchained.com. Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody products, and the relationship between Unchained and Bitcoin Magazine, please visit our website. The following is an excerpt from “Your Wealth is…
tadamichi Investors, For the first quarter of 2024, Deep Sail Capital Partners (the “Fund”) returned 13.0% net of fees while averaging 84% net long exposure. Please consult your individual capital account statements for your individual net returns. In the first quarter, the fund outperformed our benchmarks, the Russell 2000 index and the Russell Mid-Cap Growth…
alvarez/E+ via Getty Images Oops! All investors have their regrets. I share one with many people – Amazon (AMZN). I bought some around the year 2000, but fairly quickly sold it. Another regret is The Home Depot, Inc. (NYSE:HD). Someone told me to buy it in about 2009. It was an interesting enough idea to…
The Bitcoin halving event is pivotal in the cryptocurrency world, impacting miners’ strategies and the entire network’s dynamics. As the rewards for mining new blocks are slashed in half, miners must adapt their approaches to maintain profitability and network stability. In this article, we delve into the various strategies employed by Bitcoin miners during the…
LauriPatterson Introduction It’s time to discuss a company I have never covered before, a company we are about to make a holding in various family accounts. That company is Lamb Weston Holdings (NYSE:LW), one of the world’s largest producers of frozen potato products (like fries). In 2016, Lamb Weston became an independent company after food…
seb_ra Zoom Video Communications (NASDAQ:ZM) initially soared after its earnings report in February, as the company posted solid results as well as authorizing a significant share repurchase program. While management appears to be still looking for M&A opportunities, the share repurchase program may have been viewed as a real catalyst for the undervalued tech stock….
tampatra/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist. The Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG) is a fund focused on “next-generation mobile network connectivity and technology.” Thanks to its heavy tilt toward technology companies, the fund performed quite well in 2023, and 2024 is also looking quite promising. At the…
Jonathan Knowles/DigitalVision via Getty Images The CELH Long-Term Investment Thesis Is Highly Promising, Though Overly Inflated Here Celsius Holdings (NASDAQ:CELH) could be the next big thing in the global energy drink market, attributed to its impressive share gains against incumbents such as Monster Beverage Corporation (MNST) and privately owned Red Bull GmbH. Market share of…
Alexander Koerner The following segment was excerpted from this fund letter. Alphabet / Google (NASDAQ:GOOG,NASDAQ:GOOGL) In early 2023, we initiated an investment in Alphabet, the parent company of Google, at a highly attractive valuation during a period when apprehension about the company’s competitive positioning in AI overshadowed the high-quality nature of its business and strong…
DNY59 Investment Thesis For the second straight time, the Pacer US Cash Cows 100 ETF (BATS:COWZ) substituted nearly two dozen holdings in its 100-stock portfolio during its scheduled quarterly rebalancing process. One of the most significant changes was a 5% reduction in Energy exposure, down from 28% previously, which I listed as a key reason…
nastya_ph/iStock via Getty Images I first owned Hims & Hers Health, Inc. (NYSE:HIMS) in early 2021, when the company completed its merger with the SPAC, Oaktree Acquisition Corp. SPACs’ growing bad reputation, in combination with the falling market, forced me to exit my low-conviction positions, including HIMS. Last Spring, someone from my team brought Hims…
alvaro gonzalez/Moment via Getty Images Introduction and thesis CRA International (NASDAQ:CRAI) is a global consulting firm that provides economic, financial, and management consulting services. Headquartered in Boston, Massachusetts, the company serves clients across various industries, offering expertise in areas such as litigation support, regulatory compliance, mergers and acquisitions, and strategic consulting. CRAI operates within a…
NurPhoto/NurPhoto via Getty Images Since the start of 2023, Alphabet (GOOGL, GOOG) has been in the middle of an AI frenzy. Seeking Alpha has been flooded with hundreds of articles regarding topics such as Google cannibalizing its Search, AI chatbots from ChatGPT to Gemini and all the drama around it, and Google Cloud. Don’t get…
Alistair Berg/DigitalVision via Getty Images Cato Corporation (NYSE:CATO) is an American apparel retailer. The company’s stock is a deep value battleground because of its low EV and strong balance sheet coupled with dismal last-decade operational results. I analyze Cato’s brand value proposition in this review and discuss some operational challenges. The brand seems outdated, the…
Hello my names is james,I’m photographer./iStock via Getty Images Over the past 3+ years, I’ve written about 100+ companies, and Tidewater Inc. (NYSE:TDW) is certainly not a traditional growth stock. However, TDW not only gives me diversification and exposure to the energy industry, but the company also has strong fundamentals and trades at a reasonable…
csfotoimages/iStock Editorial via Getty Images The sustained collapse of equity office REITs since 2022 has likely opened up some opportunities to acquire highly distressed assets with decent underlying fundamentals despite the bleak backdrop posed by the tripartite of high interest rates, work-from-home trends, and the specter of a recession. City Office REIT (NYSE:CIO) is down…
Galeanu Mihai/iStock via Getty Images A Broadening Equity Market Favors Value! The past year was a surprisingly strong year for the equity market and in many ways the opposite of 2022. 2023 started with inflation rates well above the long-term average and increased market volatility and the bank failures of Silicon Valley Bank (OTCPK:SIVBQ) and…
Andrii Dodonov BrainsWay (NASDAQ:BWAY) has produced a successful turnaround of their business with Q3/23 being the first quarter in which adjusted EBITDA as well as cash flow were positive, based on a 61% revenue growth and an OpEx decline in dollar terms. We think this turnaround has plenty of legs. A quick recap BrainsWay offers…
Orbon Alija I started to notice more and more people at my gym and around Boston wearing On Holding AG (ONON) sneakers at the beginning of 2022. Sneakers that only hard-core runners wore were now all over the place, including people of all ages. I bought my first pair of On sneakers sometime in the…
Even before Michael Saylor dropped the now meme-immortalized phrase “there is no second best”, Bitcoin maximalism has been a staple of the crypto space. So much so that “crypto” itself became an unworthy moniker to describe Bitcoin’s weight and significance. For Bitcoin maximalists, Bitcoin is Bitcoin and cryptos are altcoins, if not shitcoins. Now that…
ImagePixel Introduction I’ve been writing about earnings “bust” bear market and recession risk for about two years now on Seeking Alpha. Over that time, the earnings bust occurred for most businesses that had experienced a “boom” from the pandemic, stimulus money, and supply chain issues that followed, but the economy hasn’t gone into recession, yet….
Salus’s research extends beyond smart contracts, proposing that the Lightning Cat technology can be applied to identify weaknesses in other types of code throughout the entire blockchain stack. Salus, a leading Web3 security company, has accomplished a big milestone with the publication of its research in ‘Scientific Reports’, a sub-journal of the esteemed ‘Nature.’ The…
JazzIRT/iStock via Getty Images I covered TransMedics Group, Inc. (NASDAQ:TMDX) in my newsletter for the first time back in February 2021, when the stock was at $26 per share, and TransMedics had not yet launched its National OCS Program (NOP), which has been a game changer for the company, completely transforming it ever since. Several…
Pgiam/iStock via Getty Images Investment briefing If the last 2.5 years taught us anything economically it is that resilient supply chains are no longer a ‘given’. Large sigma macroeconomic events across 2020–’21 showed they can jolt supply chain economics rapidly unless something changed across the board. Thankfully, companies are taking notice. A recent S&P Global…
Kevin Frayer Last week, Chinese internet company Tencent Holdings Limited (OTCPK:TCEHY) reported better-than-expected results for the third quarter. Tencent generated double-digit top line growth in Q3’23 and remains a highly promising, large-cap multi-media investment in China, in my opinion, despite fears over government crackdowns, slowing post-pandemic growth, and even when considering other factors such as…
SimonSkafar I am excited to dive into NVR, Inc. (NYSE:NVR) – the largest homebuilder on the US East Coast and the fourth largest nationally, with a $20B market cap. It fits the Sleep Well Investments mold with anti-fragile attributes that have generated profit every year since 1993 – no peers have managed this – and…
Marje Summary Since my initial report in late September, Flagship Communities’ (TSX:MHC.UN:CA, OTCPK:MHCUF) shares have remained essentially flat. This is despite a strong Q3 and 5% distribution increase (n.b., ~3.9% forward yield). I now believe MHC offers one of the best quality/risk/value profiles in the residential REIT space. MHC’s portfolio of affordable, recession-proof manufactured housing…
da-kuk Investment Thesis Sea Limited’s (NYSE:SE) Q3 2023 earnings reveal significant financial and operational challenges, marked by persistent losses in its e-commerce division. The company’s strategy, focused on heavy investment in market share during peak shopping seasons, highlights its reliance on future growth amidst current unprofitability. This approach raises concerns about the long-term viability of…
Ales_Utovko/iStock via Getty Images Introduction When it comes to long-term investing, I’ve clear favorites. Although I try to keep a balanced portfolio, I am significantly overweight three industries: aerospace & defense, freight & logistics (railroads), and REITs (self-storage). Leo Nelissen (Dividend Growth Portfolio) Energy is also an industry I’m overweight when adding the exposure I…
Kostrikina Myroslava Commercial REIT W. P. Carey (NYSE:WPC) submitted its forecast for its AFFO when it presented earnings for Q3’23 at the beginning of November and since management has communicated what percentage of its AFFO it plans to pay out, dividend investors can now calculate a realistic forward dividend rate for FY 2024. W. P….
bgwalker/iStock Unreleased via Getty Images Global Net Lease (NYSE:GNL) reported a book value of $2.8 billion, around $12.12 per share, for its fiscal 2023 third quarter. This comes as its common shares are currently trading hands for $8.08 per share, a roughly $4.04 per share or 33% discount to book value. Single-tenant office properties that…
nemke/iStock via Getty Images While the short- to medium-term direction for the broader equity market appears to be very much uncertain, many investors may be looking for more defensive plays. With the Buffett Indicator still flashing overvalued, pivoting to defensive makes a lot of sense: Wilshire 5000 to GDP Ratio (Longtermtrends) In the quest to…
bin kontan One of the best income stocks that passive income investors can find in the high-yield market right now is Rithm Capital (NYSE:RITM), in my view. The mortgage trust is well-diversified, is actively working on adding new revenue streams and just comes out of a very profitable and successful third quarter. The Sculptor Capital…
John Phillips Twilio (NYSE:TWLO) is no longer a hyper-growth stock. At these valuations though, hyper-growth is no longer needed to justify valuations. TWLO has made impressive progress in driving expanding profit margins even as it faces decelerating top-line growth from a tough macro environment. The company has a sizable net cash position and is repurchasing…
Wirestock/iStock via Getty Images Investment thesis I have closely monitored the daily trading activity of Molson Coors Beverage Company (NYSE:TAP) since mid Q2 when a quant that I developed uncovered a pronounced diversion between the Seeking Alpha “buy” quant ratings of 4.09 and the Wall Street “hold” quant rating of 3.00. Of the 4,500+ stocks…
rdegrie Never go to bed mad. Stay up and fight.”― Phyllis Diller. Today, we take our first look at Inspire Medical Systems, Inc. (NYSE:INSP). If you watch any TV at all, I am sure you have seen the ads for this company’s flagship product. Despite stellar revenue growth, this mid-cap stock trades near a 52-week…
dem10/iStock via Getty Images Pegasystems (NASDAQ:PEGA) has emerged as a strong player in the technology industry centralized around an AI-enhanced process automation platform. Its innovative suite of business process management and customer relationship management products is pivotal in the digital transformation of business operations. Pega’s platform is a sanctuary of empowerment, enabling individuals without a…
gorodenkoff Too Low Market Expectations = Long-term Opportunities The marketplace remains focused on trying to determine whether the economy will see a soft landing or an eventual recession over the coming months. It is nearly impossible to forecast these future outcomes with certainty because Fed policy has lag effects on the economy. It’s also the…
Bruce Bennett Investment Thesis Verizon Communications (NYSE:VZ) is the world’s largest telecommunications company and continues to benefit from a tangible narrow economic moat built upon their massive scale of operations and exceptional network capabilities. The firm continues to have industry leading margins and ROIC with Verizon outpacing their competitors substantially. While the market may be…
cemagraphics Written by Nick Ackerman, co-produced by Stanford Chemist. Franklin Limited Duration Income Trust (NYSE:FTF) is a multi-sector bond fund that primarily focuses on carrying a shorter-duration portfolio, as its name would imply. That generally means that it is less interest rate sensitive relative to other funds that focus on high-yield bonds or investment-grade bond…
Justin Sullivan Investment Thesis iRobot Corporation (NASDAQ:IRBT), known for its Roomba vacuum cleaners, finds itself at a financial crossroads. iRobot Corporation, despite its 30-year history and a customer base that grew by 18% to 18.6 million in Q2 2023, is currently a high-risk investment, making it unsuitable for both short-term and long-term portfolios. The company’s…
Fox Photos/Hulton Archive via Getty Images Investment Thesis Investing in Denbury (NYSE:DEN) presents a landscape of promise and peril. On one hand, the company specializes in the carbon capture and storage sector, aligning with global sustainability goals. This focus is substantiated by a 2% increase in CO2 sourced from industrial means in H1 2023, as…
passion4nature/iStock Editorial via Getty Images Investment Thesis Textron Inc. (NYSE:TXT), a conglomerate with interests in various sectors such as aviation, industrial, and defense, shows promising financial growth in Q2 2023. Most notably, the company’s Aviation and Industrial segments are flourishing, registering significant revenue upticks. Also, as of July 1, 2023, the company is sitting on…
metamorworks Written by Nick Ackerman, co-produced by Stanford Chemist. Equities have been under pressure, and so have closed-end fund (“CEF”) discounts. The last time we covered Voya Global Advantage and Premium Opportunity Fund (NYSE:IGA), it was trading at a deep discount, and that’s where it remains today, which still makes it a tempting offering in…
Deep divisions over how to combat global warming at the next climate summit were on display this week, as efforts to green the world’s energy system were challenged by oil and gas executives, and petrostates. As world leaders and top officials gathered in New York ahead of the UN COP28 climate summit in ten weeks,…
anyaberkut Written by Nick Ackerman, co-produced by Stanford Chemist. Voya Infrastructure, Industrials and Materials Fund (NYSE:IDE) takes a unique approach to blend together its portfolio with three of these different sectors. The fund trades at a deep discount, which has actually widened out since our last coverage well over a year ago. The discount might…
naphtalina/iStock via Getty Images Thesis Groupon Inc. (NASDAQ:GRPN), a well-known online platform connecting consumers with various types of businesses, has faced considerable challenges, including decreasing revenue, customer engagement, and more. Despite reorganization plans and cost-saving measures, significant concerns exist about the company’s long-term viability. Investors must be cautious, as my Discounted Cash Flow analysis indicates…
SvetaZi The OPRA Investment Thesis Is More Convincing After The Deep Correction We previously covered Opera Limited (NASDAQ:OPRA) in July 2023, discussing the drastic decline in its stock prices as the news of the mixed shelf offering was released. We believed that the correction had been warranted, since the stock had traded at eye-watering valuations…
guvendemir It’s been a rough year for most development-stage companies in the precious metals sector and most have underperformed their producer peers. And those scrambling to update in-situ values (calculating the value of all resources) for these deposits and proclaiming that these stocks are dirt-cheap may be having a tough time from a drawdown standpoint,…
blackred ~ by Snehasish Chaudhuri, MBA (Finance) abrdn Asia-Pacific Income Fund Inc (NYSE:FAX) invests in fixed income securities in the markets of Asia-pacific region. The fund primarily invests in government bonds, quasi-sovereign debts, and bonds of financial institutes. During my last coverage, I found FAX invested in the right markets and in the right currency….