AlexSecret PBR stock: 7% yield and 4x P/E My last two articles on Petróleo Brasileiro S.A. (NYSE:NYSE:PBR) were published in late 2022 and early 2023. As seen in the chart below, I argued for a bullish thesis on the stock in both areas. My bullish thesis at that time was largely motivated by geographical diversification…
PM Images Altria Group (NYSE:MO) has been a battleground stock for years. The bears have been winning as shares have declined by -15.76% over the past five years. This has caused the dividend yield to gradually increase as MO has increased the dividend payment on an annual basis while its share price deteriorated. One of…
JPMorgan figures for Q3 2023 exceeded expectations like it did in Q2. However, figures like revenue and EPS were higher last quarter. JPMorgan Chase (NYSE: JPM) has published an earnings report for the year’s third quarter. The reported figures show that JPMorgan scaled analysts expectations for profit in Q3 2023. JPMorgan Q3 2023 JPMorgan reported earnings…
The unexpected strength in the labor market presents a dilemma for the Federal Reserve. Policymakers are grappling with the question of whether to raise interest rates further to cool the economy and combat rising inflation. In a welcome development for the US economy, the Labor Department released its monthly Employment Situation Report, revealing that nonfarm…
The latest report marks Deutsche Bank’s 12th straight quarterly profit since it implemented a restructuring plan back in 2019. Deutsche Bank has just released its quarterly report and it appears that the bank has outperformed analysts’ projections. This follows after Reuters previously held a poll asking analysts to project Deutsche Bank’s net profit for the…