helen89 Introduction Before we start breaking down BJ’s (NASDAQ:BJRI) first quarter 2024 results, I would like to highlight that this is an analysis intended to place greater emphasis on short-term operational patterns. Therefore, if you are interested in a more complete analysis, which aims to closely investigate both profitability, capital structure and other factors, I…
PonyWang Summary Readers may find my previous coverage via this link. My previous rating was a buy as I believed Entegris’ (NASDAQ:ENTG) growth had bottomed, and gross margins would see expansion moving forward; with both factors driving an upward revision of its multiple. As of April 8th, the ENTG share price has touched my target…
Alvin Man/iStock Editorial via Getty Images Currently, original equipment manufacturers such as Boeing (BA) and Airbus (OTCPK:EADSF) are struggling to meet demand due to significant strain on the aerospace supply chain and in Boeing’s case increased scrutiny on its production processes. As a result, demand for MRO (Maintenance, Repair and Overhaul) on in-fleet aircraft is…
AutumnSkyPhotography After a considerable downdraft in QUALCOMM Incorporated‘s (NASDAQ:QCOM) stock price since the beginning of 2022 due to a declining mobile phone market, investors started waking up to its potential opportunity in generative Artificial Intelligence (“AI”) near the end of 2023. Although the company may no longer be a go-go growth stock, when investors began…
spxChrome Earlier today, the National Association of Home Builders published its March reading on homebuilder sentiment. The headline index rose back above 50 and into expansionary territory. Albeit back in expansion, the index is only at the highest level since last July, and that is well below much of the past decade’s range. The only…
Marcus Lindstrom On March 28th, 2023, I issued a detailed article elaborating on the various aspects of Vonovia SE (OTCPK:VONOY) (OTCPK:VNNVF) that, in my opinion, warranted a clear sell. Since then, the performance has been like this: YCharts Just recently Vonovia published its Q4 earnings report and annual aggregate figures for the whole 2023. In…
Daria Nipot Introduction Nearly one year ago, I wrote my first article on Amazon (NASDAQ:AMZN), called “Amazon: Breaking Up The Company From An Accounting Standpoint”. Here are my closing words from that article: I rate Amazon as a hold at the current price of $98.95 per share and will probably reevaluate my thesis sometime next…
Neilson Barnard Elevator Pitch Squarespace, Inc. (NYSE:SQSP) shares are being upgraded to a Buy investment rating. I previously wrote about SQSP’s inorganic growth potential, the chances of the company becoming a takeover target, and how new business formation affects Squarespace’s prospects in my October 10, 2022 write-up. For this latest article, my attention lies with…
undefined undefined Summary Following my coverage of Driven Brands Holdings (NASDAQ:DRVN), for which I recommended a hold rating as I wanted to monitor the business’s ability to improve margins over the next few quarters, this post is to provide an update on my thoughts on the business and stock. I am now upgrading my rating…
Today, Jack Mallers, the CEO of Strike, has announced the expansion of Strike’s suite of Bitcoin services into several African markets. I just published Announcing Strike Africa Today, we are launching Strike Africa, expanding our full suite of #Bitcoin services into Gabon, Ivory Coast, Malawi, Nigeria, South Africa, Uganda, and Zambia with more markets to…
JHVEPhoto Investment Thesis Everest Group (NYSE:EG) is a reinsurance and primary insurance provider. EG is embarking on global expansion in the primary insurance market, attempting to capture the nearly $1 trillion in total addressable market. Additionally, the strong reinsurance market will continue to provide significant tailwinds until at least fiscal year 2025. Across the whole…
Yuichiro Chino/Moment via Getty Images Investment Action I recommended a hold rating for Dun & Bradstreet Holdings (NYSE:DNB) when I wrote about it the last time, as I am negative about the underperformance that DNB is showing relative to peers in both growth and margins. Based on my current outlook and analysis, I recommend a…
M. Suhail Thesis Introduction Over the past few months, I have gradually warmed up to the idea that McDonald’s stock (NYSE:MCD) deserves a “Buy” rating. Compared to my previously held “Equal-weight” thesis, which has been published in February 2023, there were two major variables that prompted my rating reassessment: Firstly, I acknowledge that rates are…
Maksym Belchenko/iStock via Getty Images The operator of the Tim Hortons chain in China is falling behind its aggressive expansion plans amid disagreement with the brand’s owner about new investment Donut anyone? You won’t find many of those – if any – at Tim Hortons restaurants in China these days, after the chain’s local operator…
patpitchaya Celsius Holdings, Inc. (NASDAQ:CELH) investors have seen the stock continuing to defy gravity, notwithstanding my caution on CELH in my previous update in December 2023. After suffering a momentary decline of more than 30% from CELH’s September 2023 as it bottomed out at the $48 level, buyers returned aggressively. Consequently, CELH outperformed the S&P…
SrdjanPav/E+ via Getty Images Summary Following my coverage of Tempur Sealy International (NYSE:TPX), in which I reiterated my buy rating as I expected TPX company-specific initiatives to drive position results over the coming quarters, this post is to provide an update on my thoughts on the business and stock. I will continue to stay long…
Fanliso/iStock Editorial via Getty Images Luckin Coffee’s (OTCPK:LKNCY) stock has been trading down in recent months. On Thursday, it even dropped 10%. I covered Luckin Coffee at the end of 2022 and was careful about the stock. After my article was published, the stock gained. However, right now it is trading near 52-week lows. The…
Just_Super Elevator Pitch Ganfeng Lithium Group Co., Ltd. (OTCPK:GNENF) [1772:HK] shares are assigned a Hold investment rating. I wrote about Ganfeng Lithium’s near-term woes pertaining to lithium price weakness and its vertical integration approach for the long run in my November 12, 2023 article. With the current update, I draw attention to GNENF’s recently disclosed…
aquaArts studio/E+ via Getty Images Seeking Alpha analysts have been cautious about investing in Cantaloupe (NASDAQ:CTLP) because of its high P/E ratio. And I was initially skeptical when, after recommending Asbury Automotive (ABG) to readers in November in part because David Abrams owns such a large stake, one of my readers recommended I look into…
kate_sept2004/E+ via Getty Images Investment Thesis LifeMD, Inc. (NASDAQ:LFMD) is a telehealth company that provides online healthcare services, specializing in men’s health and weight management. Recently, their prospects have gained traction on the back of their success in the GLP-1 weight management program. For now, business is clearly growing at a rapid rate and is…
BlackJack3D The Cooper Companies (NASDAQ:COO) has been quite successful in their core contact lens industry, experiencing high-single-digit growth. The company has been expanding into the women’s health business, with the CooperSurgical business mix increasing from 17% a decade ago to 32% of total revenue today. I believe their strategic business expansion makes sense, and they…
As Coinbase has pointed out, fiat transfer fees can get as high as 3% to 6%. Through this partnership with Yellow Card, users will pay a maximum of 2% for each transaction. One of the benefits of cryptocurrency and blockchain being such barrier-breaking concepts is that people from all over the world can gain access…
Editor’s note: Seeking Alpha is proud to welcome Henning Podehl as a new contributor. It’s easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Premium. Click here to find out more » blackdovfx/iStock via Getty Images Investment Thesis Global-e Online (NASDAQ:GLBE)…
AnuchaCheechang I am following up on my Q1 2023 thesis for América Móvil (NYSE:AMX) in light of JV changes and in advance of year-end earnings. I previously rated América Móvil a hold for the following reasons: Performance across countries was inconsistent, with strength in Brazil and Mexico partially offset by rate and volume challenges in…
Falcor Investment Thesis Gold Fields Limited (NYSE:GFI) is a gold mining company headquartered in South Africa with 2.25Moz in gold equivalent production per year and $1,381/oz in AISC (all-in sustaining costs). In addition to organic development by GFI, there are significant secular tailwinds for gold, which we discuss in our article on the modern gold…
allensima/iStock via Getty Images JIADE Limited’s IPO Is High Risk JIADE Limited (JDZG) has filed proposed terms to raise $9.9 million in an IPO of its ordinary shares, according to an SEC F-1 registration statement. The firm provides education support software and services for adult education institutions in China. Given the tiny size of the…
Toa55/iStock via Getty Images It has been quite a while since I last covered RPM International Inc. (NYSE:RPM). In the fall of 2016, I offered my last take on the shares of the sound capital allocator after it announced another bolt-on acquisition. In the years which followed, the company has seen solid growth, driven by…
Coinbase has officially received a license in France and can offer French users trading, custody, and several other related crypto services. Major American crypto exchange Coinbase Global Inc (NASDAQ: COIN) has officially registered as a virtual asset service provider (VASP) in France. The exchange is fully permitted to handle crypto services in the countries, allowing it to…
Currently valued at $8.6 billion after its £590 million ($624 million) investment round last year, SumUp stands strong in private markets with no immediate plans for an initial public offering. London-based financial services company SumUp has secured £285 million worth approximately $307 million in its latest funding round to expand its business offerings to other…
fcafotodigital Acomo (OTCPK:ACNFF), a Dutch small-cap entity in the food and beverage sector, currently holds a 7% dividend yield, portraying its status as a dividend stock in the market. As the company continues its growth trajectory towards becoming a midcap entity, the market’s perception of Acomo is likely to evolve accordingly. I rate Acomo a…
M. Suhail Thesis McDonald’s Corporation (NYSE:MCD) is a global American fast-food chain. It was founded in 1940 as a restaurant and is currently the world’s largest fast-food restaurant chain. The USA makes up the greatest source of revenue in terms of the number of stores present, followed by China. The fast-food giant is also expanding…
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…
Boosted by the news of the fundraising, the platform’s native token POKT experienced a notable increase over the past 24 hours. In a significant move towards bolstering its decentralized finance (DeFi) operations, Grove, formerly known as Pocket Network Inc, has raised $7.9 million from prominent institutional investors, CoinDesk informed on Thursday. According to the report,…
champpixs Aon (NYSE:AON) delivered very solid Q3 FY23 results, and I am continually impressed with their margin expansion and substantial share buybacks. As a long-term shareholder of this stable growth company, I maintain a ‘Strong Buy’ rating with a fair value of $390 per share. Quarterly Review and Outlook In Q3 FY23, both their top…
4kodiak/iStock Unreleased via Getty Images As I write this Friday evening, e-commerce giant Amazon (NASDAQ:AMZN) is seeing labour strikes across countries. This is hardly an isolated event. As I had mentioned recently in the context of the banner EV company Tesla (TSLA), which has faced its own discontent from labour in Sweden, industrial action is…
cloki/iStock via Getty Images Elevator Pitch I rate Aptiv PLC (NYSE:APTV) stock as a Buy. My earlier January 31, 2023 update was focused on the preview of Aptiv’s financial results for the final quarter of last year, and the evaluation of APTV’s inorganic growth prospects. I highlighted the impact of the 2023 United Auto Workers…
JHVEPhoto Sanmina Gives Weak 2024 Outlook and Stock Crashes On November 6, 2023, Sanmina Corporation (NASDAQ:SANM) released its Q4 earnings report. The company missed both revenue and EPS estimates, reporting $2.05B in revenue, a 7% YoY decline, and $1.42 in EPS, a 5% YoY decline. The company also gave a weak outlook, expecting revenue between…
kynny On Monday, shares of leading semiconductor solutions provider ON Semiconductor (ON) sold off by more than 20% following a surprise Q4 earnings warning with the projected shortfall mostly the result of substantially lower silicon carbide demand by a “single automotive OEM” as outlined by management on the conference call (emphasis added by author): (…)…
PeopleImages Carrier Global Corporation (NYSE:CARR) announced its Q3 FY23 earnings on October 26th. The management is confident about delivering mid-single-digit organic revenue growth and a 15% adjusted EPS growth for the full year. I believe their cost control initiative is well-positioned for margin expansion in the coming years. Considering the recent market pullback, Carrier’s stock…
Miquel Benitez/Getty Images News Summary Readers may find my previous coverage via this link. My previous rating was a hold, as I believed Logitech International S.A. (NASDAQ:LOGI) valuation at that time had fully priced in my expectations. I am reiterating my hold rating for LOGI, given its weak second-quarter 2024 results. The company is grappling…
JasonDoiy Salesforce (NYSE:CRM) has been among the tech giants that integrated AI into its business model, specifically within its customer relationship management software. Throughout the year, Salesforce shares have surged by approximately 57%, driven by the AI revolution emphasized by CEO and founder Marc Benioff in the company’s recent earnings call. This surge reflects the…
PM Images Thesis Boyd Gaming Corporation (NYSE:BYD) is an American gaming and hospitality firm based in Paradise, Nevada. Over the last 6 months, BYD has seen a 9.60% decrease in its stock price, a trend that I see turning around as we enter the latter quarter of the year. Historically, casino gaming firms see disproportionate…
Images By Tang Ming Tung/DigitalVision via Getty Images The past decade has seen a robust evolution of technology with components such as radios, computers, and most importantly mobile phones weaving themselves into daily human lives. One company that comes to mind when I consider mobile communication and data analysis is FingerMotion, Inc. (NASDAQ:FNGR). Ever since…
andreswd Summary This post is to provide my thoughts on The Sage Group’s (OTCPK:SGGEF) business and stock. I am recommending a buy rating for Sage as the business is on track to accelerate growth and see margin expand back to historical levels. Business overview Sage Group is a very large business with leading solutions for…
Pla2na/iStock via Getty Images Natural Gas Services Group, Inc. (NYSE:NGS) recently delivered double digit net sales growth, and management expects even more improvement coming. I believe that further diversification of its compressors, geographical expansion, outside the Permian Basin, and lower net leverage could bring further stock price increases. There are a number of risks coming…
Hitra Bridgford Foods Corporation (NASDAQ:BRID) has recently seen a pullback in shares over the past year due to stagnant guidance. I believe that Bridgford is a buy due to the firm’s solid balance sheet amid macro headwinds, distribution expansion resulting in greater long-term FCF, and undervaluation assuming my DCF figures. Business Overview Bridgford Foods Corporation,…
TERADAT SANTIVIVUT US business activity growth remained close to stalled for a second month in a row in September, according to flash PMI data compiled by S&P Global, suggesting that the pace of economic growth has weakened in the third quarter. Companies reported that demand remains under pressure from the increased cost of living and…
your_photo Maximus (NYSE:MMS) has demonstrated a slight pullback following weaker-than-expected earnings due to macro headwinds. I believe that Maximus is currently a hold because even though the firm pays a fair dividend, is adequately leveraged, and is diversifying its revenues, it is currently overvalued assuming my DCF figures. Business Overview The business process services that…
Xesai Investment Thesis GE Healthcare (NASDAQ:GEHC) was spun off from General Electric (NYSE:GE) nearly a year ago. The stock was an outstanding outperformer in the first few months, but the shares have been on a rocky path since May. However, we believe the current fall represents a very attractive opportunity to get in. GEHC is…
ArLawKa AungTun Elevator Pitch I award a Hold investment rating to FinVolution Group (NYSE:FINV) stock. There are both pros and cons relating to FINV’s current growth strategy and capital allocation framework. FinVolution Group’s expansion in foreign markets will boost its top line, but this will have a negative impact on its bottom line in the…