hanohiki/iStock Editorial via Getty Images Mercedes-Benz Reports Earnings Although Mercedes-Benz (OTCPK:MBGYY, OTCPK:MBGAF) reported its Q1 earnings and added yet another piece to the puzzle of the situation automakers are facing. Mercedes shares have performed well this year, with a YTD return of 12.5%. Moreover, the company seems to have been little shaken by its earnings,…
Pgiam/iStock via Getty Images Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top-down, providing an overview of the broader market. We also try to add some historical context as well as…
Major financial services company Franklin Templeton, managing approximately $1.5 trillion in assets, believes Bitcoin is experiencing a “renaissance” in innovation driven by ordinals and other new developments on Bitcoin. JUST IN: $1.5 trillion asset manager Franklin Templeton says Ordinals drive ‘positive momentum’ in #Bitcoin innovation. Institutions are coming 🙌 pic.twitter.com/3lSDwNwE5Q — Bitcoin Magazine (@BitcoinMagazine) April 4, 2024…
matdesign24/iStock via Getty Images PaySign, Inc. (NASDAQ:PAYS) continues to deliver double digit net sales growth driven by successful investments in prepaid card-based payment solutions targeting the plasma donation industry. With 465 plasma centers and 6.4 million cardholders as well as sponsorship with large banks and card companies, I believe that operating margin and FCF could…
nadla By SchiffGold Please note: the CoTs report was published on 03/22/2024 for the period ending 03/19/2024. “Managed Money” and “Hedge Funds” are used interchangeably. The Commitments of Traders report is a weekly publication that shows the breakdown of ownership in the Futures market. For every contract, there is a long and a short, so…
Michael M. Santiago Last April, I placed a “Buy” rating on Philip Morris International (NYSE:PM), saying it had huge opportunity in front of it as it started to derive more and more revenue from higher margin smoke-free products. More recently in November, I said the company was a unique combination of growth and defense. With…
Just_Super/iStock via Getty Images Despite a suddenly tough auto sector, NXP Semiconductors (NASDAQ:NXPI) actually still trades near all-time highs. The semiconductor company has seen sales slow in the last year, though the company operates in attractive end markets for the next decade. My investment thesis remains Bullish on the stock due to the cheap valuation…
Michael M. Santiago/Getty Images News Investment Thesis The growth rate of Mobileye (NASDAQ:MBLY) seems to have cooled a bit down in the last year. However, this is arguably because it is the calm before the storm with regards to the adoption of next-gen (partly) autonomous driving systems. These have a price of between 1 and…
grandriver Investment Rundown EnLink Midstream, LLC (NYSE:ENLC) is a midstream company with a pretty well-diversified footprint in the US right now. The company has had a decent in the last 12 months, with the shares up by over 5%, but also up very impressively from the bottom of $8.4 per share it had in May…
skynesher/E+ via Getty Images Investment Thesis Cars.com (NYSE:CARS) had a strong run post-COVID as improving car inventory levels and vehicle sales lead to an improvement in dealer spends. In addition, the company has done well in growing its value added services upselling/ cross selling to the dealers which drove about 50% growth within the average…
El Salvador’s Vice President, Félix Ulloa, has expressed his belief that Bitcoin’s adoption is playing a pivotal role in the country’s economic and political resurgence. In a new interview with Forbes, Vice President Ulloa described it as a driving force behind a transformation that is fueling tourism, investment, and economic growth. Ulloa stated, “Without a doubt, tourism and…
manassanant pamai By Bradley Krom, Lonnie S. Jacobs, and Brian Manby, CFA This blog post is the third installment of a four-part series that examines the tactical and strategic case for investing internationally despite a multi-year period of U.S. equity outperformance. Since the previous peak in Japanese markets, investors have long hoped for a so-called…
Darren415 Welcome to another installment of our CEF Market Weekly Review, where we discuss closed-end fund (“CEF”) market activity from both the bottom-up – highlighting individual fund news and events – as well as the top-down – providing an overview of the broader market. We also try to provide some historical context as well as…
Avalon_Studio/E+ via Getty Images Summary Following my coverage of Ashtead Group (OTCPK:ASHTY), I recommended a buy rating as the business has demonstrated strong growth in rental revenue, and I expected it to be well-positioned to benefit from the acceleration of large mega projects in the United States. This post is to provide an update on…
Hero Images/iStock via Getty Images Investment thesis Our current investment thesis is: We consider Asbury an attractive investment opportunity due to the development of its business model toward lucrative segments. The company is expanding into growing markets, investing heavily in expanding its services revenue (e.g. Financing and Parts), and developing its brands in line with…
J2R We present our note on Eni (NYSE:E), an international oil major, with a Buy rating. We believe Eni offers attractive embedded returns, driven by strong earnings and cash flow growth, underpinned by exploration success and capabilities in gas and LNG. We will provide a brief overview of the company, analyze the key drivers of…
Drazen_ Investment Rundown In the most recent report from Primoris Services Corporation (NYSE:PRIM), there was a clear sign of strength in the top line from the company as they managed to grow the backlog immensely and also translate existing demand into growth. The revenues grew by 38% YoY to reach $1.4 billion for the quarter….
Huber & Starke California regulators voted on Thursday to allow Cruise (NYSE: GM) and Waymo (GOOG)(GOOGL) to start running a 24/7 paid taxi service in San Francisco. Anyone who’s been to the city of San Francisco recently, especially in the evening, has seen the cars driving around, eerily with no one in the driver seat….
photobank kiev/iStock via Getty Images Quick Introduction to Business Development Companies Business development companies (“BDCs”) invest shareholder capital in privately-owned, small- and medium-sized U.S. companies generating income from secured loans and capital gains from equity positions, much like venture capital or private equity funds. Anyone can invest in BDCs as they’re public companies traded on…
This is an opinion editorial by Dave Birnbaum, the product director at bitcoin investing platform Coinbits. Bitcoin is becoming increasingly relevant to everyday people as financial crises prompt discussion about how to improve our systems of finance, banking and government spending. Although the prevailing wisdom is that it’s better to get people to just use…
Dimitrios Kambouris Investment Thesis Despite a Q2 2023 earnings slump attributed to market headwinds, Occidental Petroleum Corporation (NYSE:OXY) has positioned itself for a long-term solid performance by leveraging its diverse portfolio of assets and operational efficiency. The article explores the company’s strategic fundamentals (trifecta strategy), encompassing diverse assets, steady production climb, operational excellence, and commitment…