OntheRunPhoto/iStock Editorial via Getty Images Summary As part of my continuing coverage of Embraer (NYSE:ERJ) I have updated estimates and valuation post 4Q23 results and provided an overview of the developing investment case. My view on ERJ has improved from the previous article more from de-risking the balance sheet and the company’s ability to generate…
CHUNYIP WONG Back in the fall of 2022, I wrote a cautious article on the iShares iBoxx $ High Yield Corporate Bond ETF (NYSEARCA:HYG), warning that slowing economic growth will likely lead to rising corporate defaults and more pain for credit investors. However, my prediction for an impending recession in 2023 failed to materialize, as…
VV Shots Thesis Despite recent inflationary pressures and weakening sentiment, the global apparel industry remains at the forefront of discretionary spending for consumers. The Gap, Inc. (NYSE:GPS) is a well-known retailer in the apparel industry, familiar to consumers in the United States and across the world. While Gap has established a reputable brand, with a…
BeritK Lincoln Educational Services Corporation (NASDAQ:LINC) has been a rewarding stock to hold over the last five years, increasing in value by 220.82%. The company is often seen as a go-to stock in economic downturns, as an increase in unemployment benefits the company’s number of student enrollments. This year, the company has been increasing enrollments…
Andrii Yalanskyi/iStock via Getty Images On our last coverage of the healthcare sector, we weighed abrdn World Healthcare Fund (NYSE:THW) (formerly Tekla World Healthcare Fund) and BlackRock Health Sciences Trust (NYSE:BME) against each other and found that there were some glaring issues with chasing the higher-yielding closed-end fund, or CEF. We rated BME a BUY,…
PeopleImages/iStock via Getty Images The iShares Morningstar Small-Cap Growth ETF (NYSEARCA:ISCG) represents a commonality that we see across markets, which is that small-cap and mid-cap haven’t participated in the general rallies of the US market and market segment indices. We believe that on account of more incremental benefits to small-cap on the Fed pivot, this…
jejim The Semiconductor Talent Shortage The semiconductor industry is expected to become a trillion-dollar industry by 2030. According to McKinsey analysis, the industry could grow 6%-8% a year up to 2030. The growth of the industry is driven by megatrends that include IoT smart devices, the growth of AI, and increasing demand for robotics and…
mohd izzuan/iStock via Getty Images On August 1, TG Therapeutics’ (NASDAQ:TGTX) announced Q2’23 earnings and an ex-US commercialization agreement for its recently launched multiple sclerosis drug Briumvi (ublituximab). The updates weren’t well received, with the stock falling about 50 percent from a $20 handle, to a $10 handle. With Q3’23 earnings TGTX has rallied, and…
Chip Somodevilla The past two years have marked a traumatic and rather unexpected journey for Meta Platforms, Inc. (NASDAQ:META), which has been a well-respected company that was widely recognized and hailed as one of the best investment opportunities in the last decade, only for the market to turn on it in a single night after…
kitiwan mesinsom Algonquin Power & Utilities (NYSE:AQN) trades at a notable discount to peers. A divergence from its historical patterns where it often commanded a premium. This change suggests an opportunity here, and I believe there is. The share price has tanked after a large acquisition attempt that shareholders didn’t like and regulators thwarted. The…
Bastian Weltjen/iStock via Getty Images Introduction This article explores five unique long-term portfolio models with valuable concepts pulled from published financial literature that have continued to outperform the S&P 500 since 2018. At the risk of revealing many years of research and enhancements, I will share some key insights about these financial models for your…
Bruce Bennett Shares of Gap (NYSE:GPS) have been on a strong run recently, essentially doubling since May, moving them solidly into positive territory over the past year. Still, shares have lost nearly half of their value in the past five years as the company has struggled to reinvent its brands and keep them relevant for…
The Gap, Inc. (NYSE:GPS) Q3 2023 Results Conference Call November 16, 2023 5:00 PM ET Company Participants Emily Gacka – Director, IR Richard Dickson – CEO Katrina O’Connell – CFO Conference Call Participants Adrienne Yih – Barclays Ike Boruchow – Wells Fargo Matthew Boss – JPMorgan Brooke Roach – Goldman Sachs Michael Binetti – Evercore…
Gap Inc’s new CEO Richard Dickson took over after the company reported an 8 percent drop in sales in Q2 to $3.55 billion, compared with $3.86 billion a year earlier. Gap Inc (NYSE: GPS) shares closed Thursday trading at $9.53, down 1.24 percent from the day’s opening price. The losses were however recovered during the…
The Gap, Inc. (NYSE:GPS) Q2 2023 Earnings Conference Call August 24, 2023 5:00 PM ET Company Participants Emily Gacka – Director of Investor Relations Bobby Martin – Executive Chair Richard Dickson – Chief Executive Officer Katrina O’Connell – Chief Financial Officer Conference Call Participants Matthew Boss – JPMorgan Paul Lejuez – Citigroup Inc. Alex Straton…