MoMo Productions/DigitalVision via Getty Images Kontoor Brands (NYSE:KTB) owns Wrangler and Lee, two famous global denim apparel brands. I started covering Kontoor in April with a Hold rating. I liked many aspects of the company, including its brands, management, and capital allocation. However, I considered that the multiples on earnings (around 14.5x P/E or EV/NOPAT)…
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…
Justin Sullivan A lot has happened since my last article on Nvidia Corporation (NASDAQ:NVDA). The last set of quarterly earnings was a true blowout. The net profit surged to incredible highs, and many investors got excited. Although the development was a positive, I would still take the results announcement with a pinch of salt. Here…
SimonSkafar Author’s Note: Since Keyera Corp. is reporting in Canadian Dollars, all numbers refer to Canadian Dollars (unless stated otherwise). Introduction I have written twice about Keyera Corp. (OTCPK:KEYUF)(TSX:KEY:CA). The first article was published on November 22, 2022, and the second on May 22, 2023. I expressed a neutral rating on Keyera both times. In…
Michael M. Santiago Wells Fargo (NYSE:WFC) has benefited from higher rates in the recent past, but this is expected to change leading to lower earnings ahead. While its valuation can be considered fair, I don’t see any catalyst for a higher share price in the short to medium term. As I’ve covered in previous articles,…
Risto0 Nokia Oyj (NYSE:NOK) is no longer the giant it used to be, but that does not mean the company is completely uninvestable. The company may not be appealing to growth investors looking for multibagger opportunities, but value investors with a soft spot for income may find Nokia an interesting bet today. After reporting Q4…
Metaco CEO Adrien Treccani agrees that adopting Ripple and Metaco’s solutions increases the chances of adopting XRPL as a protocol. The XRP community is excited at the increased growth prospects of the XRP blockchain since the RIpple-Metaco deal was sealed. Recall that Ripple announced a $250 million acquisition of Swiss crypto custody platform Metaco to…
InfinitumProdux It has been a while since I last wrote about Star Bulk Carriers (NASDAQ:SBLK). At this time last year, I recommended investors step to the sidelines as the economic outlook was highly uncertain with shipping rates declining and China still shut down due to zero-COVID policies. Since my article, SBLK’s share price experienced a…
XH4D Investment Thesis I covered Blade (NASDAQ:BLDE) back in June with a rating of a Strong Sell, expecting the share price to decline to the liquidation value of the firm, which has largely occurred. Given the recent earnings call and announcement of “breakeven” Q3 financial results, it’s time for an update. The price has declined…
http://www.fotogestoeber.de/iStock via Getty Images This article was coproduced with Dividend Sensei. In recent weeks, we’ve had some exceptional economic data, and the stock market has certainly been reacting bullishly to the news. YCharts In fact, we just had our best weekly rally in almost a year, with stocks soaring 6%, REITs soaring 9%, and some…
primeimages The “Market” S&P 500/SPX (SP500) faces another challenging, transitory hurdle. Recent economic data has been mixed, and interest rates remain high. There are questions about the Fed’s path and inflation, and there is plenty of uncertainty regarding the overall health of the U.S. economy and its path forward. Meanwhile, stocks have had a sensational…
Scott Olson Initially, I wasn’t thrilled with Palantir (NYSE:PLTR) after they released Q2 2023 earnings. To say that I was less than thrilled about the $1 billion buyback authorization would be an understatement. I decided to wait several days, listen to the conference call multiple times, and digest earnings before providing an update. While I…