MATR’s wires are used in nuclear reactors. Low tolerance for failure. Monty Rakusen/DigitalVision via Getty Images Mattr Corp: High Quality Industrial Trading at < 5x EBITDA Investment Thesis Mattr Corp. (TSX:MATR:CA) (OTCPK:MTTRF) stands as a prime investment opportunity, underpinned by its transformation from a hyper cyclical business into a diversified industrial powerhouse focusing on less…
Roger Ver, a prominent early investor in Bitcoin and famously dubbed “Bitcoin Jesus,” has been indicted by the Department of Justice (DOJ) on charges of mail fraud, tax evasion, and filing false tax returns. Ver was arrested over the weekend in Spain based on these criminal charges, and the U.S. intends to seek his extradition…
Nanci Santos Investment Thesis Netflix (NASDAQ:NFLX) announced its first quarter of FY2024 results late last week; the streaming company beat quarterly earnings and revenue estimates, plus it achieved a 16% year-over-year growth in global streaming paid memberships. But, the stock is selling off after the announcement last Thursday, down ~11% over the past month, as…
Richard Drury By James Knightley Ongoing strength means a June rate cut looks unlikely The US economy continues to show remarkable resilience in the face of high borrowing costs, tight credit conditions and a weak external backdrop. It appears on course to grow at a 2.5% annualised rate in the first quarter. We already know…
MarkusBeck When it comes to the offshore drilling industry, one of the companies that investors absolutely must know about is Transocean (NYSE:RIG). With a sizable fleet at its disposal, the firm is a very large player in this industry. But unfortunately, that alone does not make it an attractive investment. Late last year, in the…
Nikada Elevator Pitch CK Asset Holdings Limited (OTCPK:CHKGF) [1113:HK] is rated as a Hold. On its corporate website, CK Asset calls itself a “multinational conglomerate” that is “one of the largest property developers in Hong Kong.” With my previous write-up published on June 29, 2021, I touched on CK Asset’s capital allocation moves in terms…
Serjio74 Above: Macau growth is speeding ahead of many early recovery calls. We accept what may be some investors’ characterization of our bullish outlook on Las Vegas Sands Corp. (NYSE:LVS) this past year as that of a faded broken record. Give the apparent resistance to the stock moving anywhere near my price target (“PT”) of…
andresr Founded in 1999 by Tomasz Biernacki (current CEO at just 50 years old), Dino Polska (OTCPK:DNOPY) is the fastest-growing Polish retailer in the country. The business model has several peculiarities that set it apart from the competition. With a market capitalization of PLN 45.27 billion, it is a company with significant expansion potential, operating…
By Andrew Prochnow Following a robust beginning to the trading year of 2024, the ETF landscape has witnessed numerous offerings delivering notable returns during the initial months of the year. Unsurprisingly, the technology sector has emerged as one of the standout performers, with semiconductor stocks leading the charge. However, it’s worth noting that AI-focused semiconductor…
Larry Crain One of the more interesting companies that I’ve come across in recent years is LCI Industries (NYSE:LCII). For those not aware of the company, it is a producer and seller of components in the recreation, transportation, and housing markets. Although it does make its products available on the aftermarket, it mostly provides them…
peterschreiber.media/iStock via Getty Images Topline Summary Prelude Therapeutics Incorporated (NASDAQ:PRLD) is a clinical-stage biopharma developing targeted therapies across a range of different cancers. They have 3 drugs currently in clinical testing, although all of these remain at phase 1 at this time. I have no major concerns about their current cash position, although it might…
Caziopeia Although the appliances industry might not seem all that exciting, it does offer the potential for some significant upside if you can buy a firm in this space at a good price. That’s where the beauty of value investing comes into play and truly shines. Even a business that is experiencing a weakening of…
akinbostanci Long ago, Warren Buffett made me enthusiastic about the insurance industry and it has remained my biggest allocation. Insurance companies are not popular on SA except for Berkshire Hathaway (BRK.A) (BRK.B). They appear boring to many readers, one can hardly expect fireworks from them, and accounting is a must to understand an insurer. But…
MR.Cole_Photographer/Moment via Getty Images The week ahead features the first estimate of US Q4 GDP, which will be revised for the next couple of years, and policy meetings by the Bank of Japan, the European Central Bank, the Bank of Canada, and Norges Bank, Norway’s central bank. Although the market anticipates the beginning of an…
BlackJack3D Coya Therapeutics (NASDAQ:COYA) targets inflammation by modulating the function of regulatory T cells (Tregs) in neurological diseases. The “original” lead asset used to be COYA 101, an autologous regulatory T-cell product candidate with a completed Phase 2a trial in Amyotrophic Lateral Sclerosis under its belt. The trial was completed way back in 2022. However,…
ffikretow Topline Summary Carisma Therapeutics (NASDAQ:CARM), formerly Sesen Bio, is a developmental biotech exploring the potential of cell therapies for cancer management. They hope that by exploiting immune cells called macrophages that they can continue to push the field of cell therapies forward. But cash concerns and limited clinical trial data make this something difficult…
gopixa Thesis The Defiance Nasdaq 100 Enhanced Options Income ETF (NASDAQ:QQQY) is a new ETF launched to offer income generation and possible capital appreciation, with a strategy focusing on the selling of at-the-money options. The income generation comes from the options premium collected but can have negative impacts from movements in the underlying index. The…
apomares/E+ via Getty Images Introduction & Thesis Shares of biopharma Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) are ~60% off their May highs, despite holding an FDA-approved key drug (Inpefa) for heart failure in its portfolio. The sell-off is largely attributed to investor concerns over Inpefa’s market uptake amid a perfect storm of competition from pharma heavyweights like…
Brandon Bell Bank of America Corporation (NYSE:BAC) or BofA investors received a delightful early Christmas gift from Santa, as BAC has significantly outperformed the S&P 500 (SPX) (SPY) since my previous update in September 2023. I urged investors to capitalize on the implied pessimism in BAC’s valuation, as those attractive levels “might be gone if…
The media shake-up has intensified amid changing advertising trends fueled by the rise of X platform backed by tech billionaire Elon Musk. Warner Bros Discovery Inc (NASDAQ: WBD) and its media rival company Paramount Global (NASDAQ: PARA) are reportedly in early merger talks, according to people familiar with the matter. The two media houses intend…
koto_feja/E+ via Getty Images Shattuck Labs (NASDAQ:STTK) develops bi-functional fusion proteins targeting cancer and autoimmune diseases. Shattuck’s ARC (Agonist Redirected Checkpoint) platform seamlessly integrates checkpoint inhibition with TNF costimulation. The platform has generated over 400 preclinical bi-functional fusion protein drug candidates. The primary clinical-stage product, SL-172154 (SIRPα-Fc-CD40L), is currently undergoing two Phase 1 clinical trials….
Bussarin Rinchumrus Topline Summary Janux Therapeutics (NASDAQ:JANX) is a biotech focused on developing novel immunotherapeutic approaches for patients with cancer. Using a unique T-cell engaging approach, the company hopes to avoid some of the issues that have faced the main players in multi-specific antibody development, particularly relating to toxicity and pharmacodynamics. While they have cash…
Analysts are bullish on Bitcoin’s chance of rally and are suggesting that the king coin may have begun a rally and could hit $50,000 in weeks. A Bitcoin analyst has said that Bitcoin (BTC) is already displaying signs of an early bull market, while another predicts $50,000 this month. This means that BTC could end…
Panupong Piewkleng Investment Rundown The construction sector has been under a lot of pressure the last few quarters as the rise in interest rates has meant that financing projects are more expensive and the rise in several commodities and materials prices has also made it more tough to operate. One such company in the sector…
Republicans had hoped to get US crypto legislation through the House in 2023. However, now 2024 seems to be a more likely period. The introduction of comprehensive regulatory frameworks for cryptocurrencies in the United States has taken an unexpected turn, with lawmakers now eyeing 2024 as the prospective timeline for House approval of the bill….
winhorse/iStock Unreleased via Getty Images Elevator Pitch I continue to assign a Hold rating to Nomura Holdings, Inc. (NYSE:NMR) [8604:JP] shares. It is premature to raise my investment rating for NMR to a Buy now. In the long term, Nomura should benefit from a larger Japanese investor base by virtue of its status as a…
According to Ava Labs CEO Emin Gün Sirer, the cuts were necessary to restructure and reallocate resources in the ongoing crypto bear market. The cryptocurrency job market continues to face issues with layoffs amid the challenges and uncertainty of the crypto bear market. One of the recent ones is the recent sack of 12% of…
Despite its aim to achieve profitability next year, the company grapples with persistent challenges. During the Vox Media Code Conference on Wednesday, Linda Yaccarino, CEO of X (formerly Twitter), said confidently that the company is on track to achieve profitability in early 2024. The optimistic outlook follows the company’s determined efforts to rebuild its reputation…
Since its conception in 2009, Bitcoin, a revolutionary digital money, has advanced significantly. The development of Bitcoin wallets has been astounding along with the rise of Bitcoin. It has been a wonderful journey from simple solutions to the sophisticated and feature-rich wallets we have today. We’ll go into the fascinating past of Bitcoin wallets in…
Meta emphasized that early access will gradually expand as it collects feedback and refines the user experience. Meta, the parent company of Facebook, is taking a significant step in its metaverse journey by expanding its 3D social platform, Horizon Worlds, beyond virtual reality (VR) headsets. The online gaming platform, which was initially accessible to the…
anusorn nakdee/iStock via Getty Images Wave Life Sciences Ltd. (NASDAQ:WVE) develops stereopure oligonucleotides using its PRISM platform to target disease-causing genetic mutations. This is its pipeline: WVE PIPELINE (WVE WEBSITE) Lead assets are WVE-N531 targeting exon 53 skipping DMD, and WVE-003 targeting Huntington’s Disease in phase 1/2 trials. WVE owns the first molecule globally, while…
Igor Kutyaev The first half of 2023 saw the beginning of a banking crisis that will have repercussions for years to come, which will lead to a period of consolidation within the banking industry as well as a rethink of the role of banks in the US economy. During this period of significant stress, it…
Design Cells/iStock via Getty Images Topline Summary MiNK Therapeutics (NASDAQ:INKT) is a member of a small crowd of companies attempting to develop “off the shelf” allogeneic cell therapies for cancer and a few other indications. They’re hoping to leverage advances in cell engineering to push forward a more tolerable, easier-to-deliver cell therapy, but it’s still…
Lemon_tm Recession forecasts continue to swirl in some corners of the economics profession, but early econometric estimates for third-quarter GDP data suggest that the expansion will persist for now. US output for the July-through-September period is expected to rise 2.0% for GDP’s seasonally adjusted annualized change, based on the median estimate via several sources compiled…
Roland Magnusson Carrols Restaurant Group (NASDAQ:TAST) which is known as the franchise operator of more than 1,000 Burger King locations and several Popeyes locations in East Coast announced its results for the last quarter on August 10th. The company’s results showed a lot of encouraging signs that its turnaround might be in progress, but I…