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…
Just_Super/iStock via Getty Images When Innoviz (NASDAQ:INVZ) released its Q4 results, the Israeli company pleasantly surprised investors by reporting record-breaking revenue of $15M for the quarter, the highest ever achieved. Additionally, it recorded the lowest operating cash flow consumption at $14M. With a solid start to the year with $152M, Luminar seemed poised to continue…
Klaus Vedfelt I suggested i-80 Gold Corp. (NYSE:IAUX) at $2.70 per share as a buy idea back in December 2022 here. My bullish forecast was based on a string of positive exploration drill results at its Nevada gold properties and some very powerful momentum characteristics in share trading. Well, despite a decent rise in gold/silver…
D3Damon/E+ via Getty Images Inovio Pharmaceuticals, Inc. (NASDAQ:INO) is a biotechnology company that stands out in advancing DNA-based immunotherapies and primarily focuses on conditions related to Human papillomavirus (HPV), various cancers, and infectious diseases. INO leverages cutting-edge technologies like SynCon DNA plasmids and CELLECTRA electroporation delivery. INO’s technologies permit the development of a broad range…
Palto/iStock via Getty Images Investment Thesis fuboTV Inc. (NYSE:FUBO) was once a high-flying stock with a massive shareholder following. Today, it’s a shadow of its former self. And even though the stock is down significantly from its all-time highs, I argue that not only is this stock not undervalued, but it’s actually likely to sell…
Evgeny Gromov Just over two months ago, I wrote on Endeavour Silver (NYSE:EXK), noting that any pullbacks below US$1.67 would provide buying opportunities. Since dropping into this buy zone, the stock has rallied over 70% to its recent highs, making it one of the top performers sector-wide. The view that the stock was finally a…
Spencer Platt There are sometimes no prizes for heroics. Sometimes a stock is sold for a good reason and as much as price anchoring makes us think it is “cheaper” than the day before, one must always look at the facts first. Looking at what was an avalanche of bad news from New York Community…
Drew Angerer/Getty Images News On March 5, 2024, SoFi Technologies (NASDAQ:SOFI) announced to the market a $750 million Convertible Senior Notes Offering (due 2029). The notes will pay interest at a rate of 1.25% and the conversion price is set at $9.45 (30% above SOFI closing price of $7.27). To mitigate the potential dilution impact,…
imagewerks Thesis In my previous article (released before Q3 2023 reported in November 1) about Norwegian Cruise Line Holdings Ltd. (NYSE:NCLH), I explained how Norwegian was still undervalued despite a 20% dilution, in which case the stock’s future price for 2028 would be $47.43 and if there was no dilution, the future price would be…
Clear Secure (NYSE:YOU) is a US-based biometric identity verification company focusing on streamlining airport security. The company’s core offering is CLEAR Plus, a subscription service offering expedited airport security. Beyond airports, CLEAR Verified empowers businesses with identity verification, virtual queuing, and credential validation tools, while their free consumer app offers additional conveniences like health documentation…
audioundwerbung Note: I have covered Plug Power Inc. (PLUG) previously, so investors should view this as an update to my earlier articles on the company. Following the company’s annual business update call on Tuesday, beaten-down shares of struggling fuel cell systems, electrolyzer solutions, and green hydrogen provider Plug Power Inc. or “Plug Power” staged a…
Michael M. Santiago Vertically integrated multi-state operator (“MSO”) TerrAscend Corp. (OTCQX:TSNDF) owns three retail brands: The Apothecarium, GAGE Cannabis, and Allegany Medical Marijuana Dispensary. The company had a great 2023, driven by its 38 Dispensaries across Maryland, Pennsylvania, New Jersey, Michigan, California, and Canada. The common stock was up roughly 51% even as its cash…
jaochainoi/iStock via Getty Images Investment Rundown The most recent earnings report from Southwest Gas Holdings, Inc. (NYSE:SWX) had some mixed results in my view. Firstly the company has made strong progress on building up the bottom line again. Last year during the Q3 quarter the bottom line was negative but it most recently came in…
Maksym Belchenko/iStock via Getty Images Bioceres (NASDAQ:BIOX) is an Argentinian company that develops, manufactures and sells inputs to the agricultural industry, including adjuvants, nutrient packages, and seed genetics. The company is especially famous for the HB4 trait of drought-resistant soy and wheat varieties. I have described the company in detail in previous articles (April 2021,…
wildpixel MidCap Financial (NASDAQ:MFIC) unexpectedly announced a plan for growth through mergers at its last conference. In the past, our multitude of articles focused on predicting future performance and dividends for either Apollo or its new name, MidCap Financial. Although many questions appear with mergers, the first and most important one concerns dilution. Will the…
Robert Hradil/Getty Images News At the time of writing, the Formula One Group’s (FWONA) (OTCQB:FWONB) (FWONK) much anticipated Las Vegas Grand Prix has just finished. Two of the twenty cars on the grid – recognizable by their British Racing Green paint scheme – raced under the Aston Martin name. Well, the Aston Martin Aramco Cognizant…
DarioGaona Just six months ago, I wrote on Endeavour Silver (TSX:EDR:CA)(NYSE:EXK), noting that there was no way to justify owning the stock above US$3.50 given that grades were likely to normalize after multiple quarters above reserve grades and catch-up in sustaining capital which would pressure unit costs. Simultaneously, the sharp rise in the Mexican Peso…
Mario Tama Rivian Automotive Inc. (NASDAQ:RIVN) has come under renewed pressure after the electric vehicle company launched yet another Green Convertible Senior Note offering that is set to dilute investors. The unexpected issue of yet another Convertible Senior note poses very real dilution risks to investors. I think that Rivian Automotive is making progress in…
Michael Warren/iStock Unreleased via Getty Images NETSTREIT Corporation (NYSE:NTST) is a young retail REIT focusing on freestanding, triple net leased buildings. It currently has 531 investment properties in 45 states, with a total of 9.5 million square feet. This is a self-managed managed REIT, and the current CEO was Head of Asset Management at Spirit…
Tristan Fewings/Getty Images Entertainment Thesis Norwegian Cruise Line Holdings, LTD. (NYSE:NCLH) endured significant challenges during the pandemic, resulting in a substantial debt burden that will affect its future net income margin. For the purpose of this projection spanning from 2023 to 2028, I will assume a 5% net income margin. I have conducted calculations for…
samvaltenbergs/E+ via Getty Images Thesis I love mines and banks. However, investing in favorite industries is easier when approached as an art of exclusion. In other words, instead of asking why to invest, we have to ask why not to invest. Assessing a mining stock as uninventable is not a simple task. The company`s presentations…
David McNew Note: I have covered FuelCell Energy (NASDAQ:FCEL, OTCPK:FCELB) previously, so investors should view this as an update to my earlier articles on the company. On Monday, FuelCell Energy reported another set of disappointing quarterly results. While revenues came in roughly in line with consensus expectations margins, profitability and cash flows continued to suffer:…
Darren415 Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company (“BDC”) sector from both the bottom-up – highlighting individual news and events – as well as the top-down – providing an overview of the broader market. We also try to add some historical context…