Xiaolu Chu Background 2024 has not been kind to Tesla, Inc. (NASDAQ:TSLA), the maker of electric automobiles which bulls like to brand as primarily a tech company. While the broader S&P 500 (SP500, SPY) has returned 10% year-to-date, Tesla’s stock has fallen by nearly 30%. Tesla vs SPY, YTD (Koyfin) The dismal performance this year…
Sundry Photography I last reported on Snowflake (NYSE: SNOW) in December 07, 2023 with a buy recommendation for aggressive growth investors. Part of my thesis was that the proliferation of Artificial Intelligence (AI) would drive Snowflake’s revenue growth by +30% annually for the next several years. Since then, the company reported its fourth-quarter fiscal 2024…
Steven Puetzer/The Image Bank via Getty Images We previously covered Palantir Technologies Inc. (NYSE:PLTR) in November 2023, discussing the management’s brilliant marketing approach for AIP, with it likely to accelerate its top-line and customer base expansions. With the nascent generative AI SaaS market still ripe for immense growth, we continued to rate the stock as…
Sam Shere Walgreens Boots Alliance (NASDAQ:WBA) is one of the key players in the healthcare industry and one of the world’s largest retail pharmacies, headquartered in Deerfield, serving millions of people each year. The company provides its customers with numerous services and products, including medicines, health and beauty products, and popular brands such as Soap…
powerofforever/iStock via Getty Images After taking the stock to “Strong Buy” in May, GEO Group (NYSE:GEO) has continued to underperform. Let’s catch up on the name. Company Profile As a refresher, GEO owns, leases, and manages detention facilities. Its operations are primarily in the U.S., but it also serves facilities in Australia and South Africa…
DNY59 The AI Investment Thesis Is Promising, But SMCI’s Valuations Has Been Overly Boosted It seems that Super Micro Computer, Inc. (NASDAQ:SMCI) is the new hot stock in town, thanks to the generative AI boom and Nvidia’s (NVDA) smashing FQ2’24 guidance. Much of this is attributed to the former’s offerings, which comprise the complete server…
seb_ra/iStock via Getty Images Introduction Janus Henderson Group (NYSE:JHG) released 2Q23 results on 02 August 2023. My previous Seeking Alpha note on JHG rated the stock a Buy at ~$27.23; that was looking like a solid call when JHG was trading close to $30 in mid/late July. However, the gains quickly unwound as the market…