Smile Historically speaking, my investment calls usually turn out quite well. But just like every other investor in the world, I am not without mistakes. One of the biggest that I have made over the past few years involves the home discount retailer known as Big Lots, Inc. (NYSE:BIG). The last article that I wrote…
Douglas Rissing/iStock via Getty Images Thesis In A Nutshell The S&P 500 (SP500) has tumbled over the past few weeks, as hotter-than-expected inflation readings pushed up speculation for a potential rate hike in 2024. However, the FOMC meeting for April/May gave investors some relief, as Fed Chair Jerome Powell indicated that a rate hike is…
Morsa Images DEA to reclassify marijuana as Schedule III drug April 30th ended up being a really remarkable day for investors in the cannabis space. Shares of several companies in this market skyrocketed after news broke that the US DEA (Drug Enforcement Administration) is about to reclassify marijuana as a Schedule III drug as opposed…
Bet_Noire The hawkish pivot The Fed Chair Powell signaled that the Fed is making a hawkish turn when he spoke on April 16th. Specifically, Powell said: Right now, given the strength of the labor market and progress on inflation so far, it’s appropriate to allow restrictive policy further time to work and let the data…
bunhill Advanced Micro Devices (NASDAQ:AMD) stock has been a big winner over the past few years: Bolstered by the sentiment tailwind associated with GenAI, the shares have returned approximately 63%, compared to a gain of less than 20% for the S&P 500 (SP500), a 3x out-performance. However, investors should note that this bull run has…
Derick Hudson Meta Platforms (NASDAQ:META) is set to open books for the company’s March quarter 2024 on April 24th, after the market closes, and I am bullish heading into earnings. In my view, Meta Platforms upcoming quarterly report is poised to show a sharp jump in advertising revenue, as various alternative data tracked by leading…
The Good Brigade Overview My recommendation for Constellation Brands (NYSE:STZ) is a buy rating, as I continue to expect strong performance in the foreseeable future. The strong demand momentum seems to have continued into 1Q25 (1CQ24), which sets FY25 (CY24) to a very strong start. While Beer’s segment gross margin seems poor on a headline…
Megapixel8 While 2023 was challenging for US commercial real estate (CRE) investors, we believe that it’s “off the floor in 2024,” with real estate poised to start its price recovery sometime in the second half of the year. Think of it as a chain reaction, which starts with fed fund rate reductions. That should help…
ChrisHepburn/iStock Unreleased via Getty Images Back in June, I rated the Manchester United plc (NYSE:MANU)a buy on account of the possibility of a takeover offer. Since then, the stock trades around 20 percent lower. That does not take into account that, in the meantime, a tender offer was indeed made – just not for all…
zhengzaishuru Article Thesis Canadian Natural Resources (NYSE:CNQ) is a leading Canadian oil sands company that has an excellent track record and strong management. Thanks to superior cash generation, Canadian Natural Resources has recently achieved its net debt target, which will allow the company to return even more cash to its owners. While the share price…
Editor’s note: Seeking Alpha is proud to welcome Thomas Shields 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 » Spencer Platt/Getty Images News Investment Thesis I evaluate companies…
Maksim Safaniuk For those who are bullish about oil, 2024 is looking to be a very solid year. Already, Brent crude prices are up 12.1% year to date, while WTI crude prices are up an impressive 15.6%. The most recent move higher was driven by news that, in addition to OPEC+ extending its voluntary production…
cmannphoto We’re reviewing Mid-America Apartment Communities (NYSE:MAA) Q4 2023 earnings with a potential investment in mind, but we’re cautious given the current economic landscape. We find the current valuation attractive already but would like to see another dip before initiating a position. We anticipate MAA facing tougher challenges compared to other housing REITs due to…
Kent Nishimura/Getty Images News The December SEP projections The FOMC is set to meet next week and will likely decide to leave the Federal Funds unchanged at the 5.25-5.50% range. However, the market is starting to price the Fed’s hawkish turn – or a signal from the Fed that it plans to cut interest rates…
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…
grandriver Over the past year or so, there has been a flurry of merger and acquisition activity in the oil and gas exploration and production market. What’s interesting is that, despite having many different oil and gas producing regions across the nation, both onshore and offshore, one small region has been the source of much…
Isogawyi/Moment via Getty Images Investment Thesis The success of the Invesco S&P MidCap Momentum ETF (NYSEARCA:XMMO) since its Index change on June 21, 2019, strongly indicates the momentum factor has value when applied to S&P MidCap 400 Index stocks. However, it’s essential to understand things were once rocky for this ETF, which is up 17.41%…
JEFF KOWALSKY/AFP via Getty Images Stellantis (NYSE:STLA) stock is trading higher after the automaker reported strong Q4 and FY 2023 results, while highlighting a commitment to achieve “at least a double-digit adjusted operating income margin in 2024”, on a €190+ billion topline expectations. In addition, Stellantis management delighted with the projection to distribute a yield-rich…
Editor’s note: Seeking Alpha is proud to welcome Stock Research Platform 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 » JJFarquitectos Unilever plc (NYSE:UL) is a British-Dutch multinational…
Chun han Chart Industries (NYSE:GTLS) management promised big things from the Howden acquisition, along with a promise to deleverage “fast”. All of us saw the EBITDA guidance ever since the acquisition. That has not changed. The big surprise was guidance for the current year of earnings per share of $14 (roughly) which is more than…
felixmizioznikov/iStock Editorial via Getty Images Article Thesis Truist Financial Corporation (NYSE:TFC) will report its fourth quarter earnings results this week. In this article, we will take a look at what investors can expect from the Q4 earnings release, and we will also look at Truist Financial as an income and total return investment at the…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. This week’s topics Monumental SEC failure Bitcoin ETF multiple German economic update Taiwan elections and China…
Gradual adoption of spot Bitcoin ETFs is expected to happen through proper education to wealth managers as trading is scheduled to begin today. After a decade of regulatory uncertainty in the United States, investors can now tap on spot Bitcoin (BTC) exchange-traded funds (ETFs) as soon as trading commences today. On Wednesday, the United States…
imaginima Snowflake (NYSE:SNOW) stock is poised to be a commercial winner in 2024: My bullish assessment is based on the company’s strong product release roadmap, which will help drive >30% YoY topline growth in FY24 and FY25. In that context, it’s promising to see SNOW’s notable product advancements in AI and the company’s broader ambition…
SolStock/E+ via Getty Images Investment Overview Shares in Regeneron Pharmaceuticals, Inc. (NASDAQ:REGN), the Tarrytown, New York State-based Pharma company, have been rising sharply in recent months, from $725 in mid-August 2023, to >$910 at the time of writing – up >25%. Regeneron’s share float is only just over 100m, and its market cap valuation currently…
Justin Sullivan I expect Qualcomm (NASDAQ:QCOM) to be a big winner in 2024, as the company is exceptionally well-positioned to capture emerging growth in AI-powered application in Edge computing. In fact, Qualcomm’s management anticipates that first use-cases of device-powered AI applications (e.g., on smartphones), may surface as early as 2024, with a subsequent exponential surge…
Charging Up An Electric Car At Night solarseven Tesla, Inc. (NASDAQ:NASDAQ:TSLA) has suffered a major decline in profitability over the last 12 months. In that period, it delivered $19 billion in gross profit on $96 billion in revenue. In 2022, it did $20.8 billion in gross profit on $81.4 billion in revenue, meaning that gross…
The timing aligns perfectly in 2024 for a spot ETF approval to have already attracted significant investment, and then the halving decreases Bitcoin’s supply right when demand shoots higher. After yet another banner year in 2023 with over 150% gains, all eyes are on Bitcoin (BTC) to see if the flagship cryptocurrency can sustain its…
DNY59 Introduction Homebuilder Lennar Corporation (NYSE:LEN, LEN.B) has rebounded massively from its October low – LEN stock is up nearly 40% in less than two months and just hit a new all-time high of $140. I covered the second-largest (by market capitalization) homebuilder in the US in late September in a comparative analysis with KB…
Bryan Bedder Co-produced by Austin Rogers. It was not that long ago that the market believed the Federal Reserve’s narrative of “higher for longer” interest rates. Over and over again on financial media, pundits parroted the Fed’s narrative, helping them do their job of setting the market’s expectations. In contrast, we have been saying for…
champc Where are we in the business cycle? Within my previous deep-dive on the state of the US economy, my overriding thesis was although economic resilience has been the theme of 2023, we were likely to see a slow but steady deterioration in hard economic data as we approached the end of 2023 and entered…
Scott Olson Dollar General Corporation (NYSE:DG) is set to report results for its Q3 that ended October 31st, 2023 after hours on Thursday, December 7th. Analysts expect the company to report a GAAP EPS of $1.21/share on the back of $9.64 billion revenue. Should Dollar General meet the estimates, it’d represent a YoY EPS decline…
WANAN YOSSINGKUM/iStock via Getty Images By Brian Levitt Will inflation come under control before the economy deteriorates? When will central banks start cutting rates? Kristina Hooper, Chief Global Market Strategist, and Alessio de Longis, Head of Investments for Invesco Investment Solutions, joined the Greater Possibilities podcast to discuss Invesco’s 2024 Investment Outlook. We asked them…
Alex Potemkin/iStock via Getty Images Investment Thesis Company Overview Modine Manufacturing (NYSE:MOD), founded in 1916 and headquartered in Racine, Wisconsin, is a manufacturer and technology provider of thermal management and cooling systems and solutions. Since Q1 of 2023, the company has transitioned to a two-segment structure: Performance Technologies and Climate Solutions. It has the following…
If the entire $2.7 billion exits the bitcoin market, it would exert significant downward pressure on bitcoin prices, the authors stated. However, if most of this $2.7 billion transitions into other bitcoin instruments, such as the newly established spot bitcoin ETFs post SEC approval, the negative market impact would be more moderate. Nevertheless, the bank…
sandsun/iStock via Getty Images Star Bulk Carriers logo (Star Bulk Carriers) Investment Thesis In May this year, we continued our Buy stance on Star Bulk Carriers Corp. (NASDAQ:SBLK) as we believed their performance was particularly good in what was a weak market. Baltic Dry Index (SA) The graph above, which is not a future index,…
Having maintained a bullish outlook YTD, Bitcoin price is very likely to continue in the same momentum in the next eight weeks based on historical trends studied by Matrixport. Bitcoin (BTC) price has already made several surprising moves in the past year, and market experts at Matrixport led by Markus Thielen, the company’s head of…
Michael Fischer Cronos Group Inc. (NASDAQ:CRON) is expected to report its Q3 earnings results pre-market on Wednesday, November 8th. Analysts expect the company to lose money on both GAAP and Non-GAAP basis on the back of $20.03 million in revenue. CRON Q3 Preview (Seekingalpha.com) Headquartered in Toronto, Canada, Cronos Group Inc, is an “innovative global…
FG Trade Latin/E+ via Getty Images Nike (NYSE:NKE) is one of the key players in the global sportswear market, headquartered in Beaverton. Thesis We highlight two main theses that help maintain interest in Nike and two risks that discourage more conservative financial market participants from adding it to their investment portfolio. Despite rising inflation and…
Risto0/iStock Editorial via Getty Images When Nokia (NYSE:NOK) last reported earnings on July 20, 2023, the stock price stabilized at just below $4.00. Its brief breakout above that last month proved short-lived. Ahead of the upcoming Q3/2023 report this Thursday, shares are meaningfully lower at $3.51. What should investors expect in the next report? Second-Quarter…
jetcityimage UnitedHealth Group Incorporated (NYSE:UNH) is expected to report its Q3 results pre-market on Friday, October 13th. I am not the most superstitious but that gave me a chuckle. Friday, the 13th in the Halloween month. That naturally begets the question, will UnitedHealth’s earnings spook the market? UNH Earnings Preview (Seekingalpha.com) My most recent coverage…
Just_Super/iStock via Getty Images Thesis In my previous analysis of Hudbay Minerals (NYSE:HBM), I forecasted that the company’s share price (then at $4.55/share) was forming a falling wedge pattern due to concerns about Chinese copper demand and the repeated rate hikes announced by the Fed at that time (to control growth-led inflation) and that it…
JHVEPhoto Investment Thesis I expect the stock to see modest performance from here, unless we see a significant rebound in growth for both net interest income and equity market performance. In a previous article back in April, I made the argument that National Bank of Canada (TSX:NA:CA) may see some short-term downside, owing to pressure…
Dilok Klaisataporn The Federal Reserve just announced its interest rate policy decision and decided to keep the federal funds rate at 5.25 to 5.50%. While market watchers tend to key in on the Fed’s rate decision, another important announcement was being made in the form of new quarterly economic projections that investors can use as…
Just_Super Intapp, Inc. (NASDAQ:INTA) is expected to release its FQ4 2023’s earnings report after-hours on Wednesday, September 6th, 2023. Analysts expect the company to report a loss of 30 cents per share [GAAP] on revenue of $93.06 Million. Should Intapp meet the estimates, it’d represent an EPS growth (or narrowing loss) of 15% and revenue…
carlosgaw Introduction Funko (NASDAQ:FNKO) shares have fallen 35% YTD. Despite the fact that the quotes are down a lot and the company is valued relatively cheaply by multiples, I think it’s still not the best time to go long. Investment thesis In my personal opinion, revenue and operating margin growth will continue to be under…
ryasick There Is No Moat Around TDOC’s Telemedicine Investment Thesis We previously covered Teladoc (NYSE:TDOC) in February 2023, discussing how its supposedly blockbuster 2020 Livongo acquisition worth $18.5B had drastically underperformed against the 2015 BetterHelp acquisition worth $4.5M. The overpriced diabetes/ remote monitoring deal had also resulted in a drastic share dilution, with the management…
Erik S. Lesser In the dynamic world of pharmaceuticals, Merck & Co., Inc. (NYSE:MRK) has consistently emerged as a formidable player, showcasing resilience and innovation. While recent stock market trends show a slight decline in stock price, a more comprehensive view reveals Merck’s impressive performance compared to major equity indexes. At the heart of this…
gorodenkoff A Tough Quarter Advantest (OTCPK:ATEYY) had a horrible June 2023 quarter, with sales dropping 26% and net income plummeting 75%. This was expected and the company had guided as much, warning of industry wide slowdowns and inventory reductions after the massive growth of three years, which had pulled demand forward. The biggest damage came…