Klaus Vedfelt/DigitalVision via Getty Images In our last coverage of Ares Commercial Real Estate Corporation (NYSE:ACRE) we gave it a “Sell” rating. What was unusual about our stance is that we did it in the face of a declining stock. Generally, we tend to move our ratings in the opposite direction of the stock price….
jetcityimage The following segment was excerpted from this fund letter. We recently initiated a position in Ashtead Group. The company is domiciled in the UK, but the business is essentially North American. The United States and Canada account for all but a tiny sliver of earnings, and the American CEO and his key lieutenants are…
patpitchaya JPMorgan Equity Premium Income ETF (NYSEARCA:JEPI) is designed primarily for income-focused investors as it pays a monthly dividend. Based on its relatively attractive 8.3% payout, it’s expected to be a core holding of income investors looking to focus on generating a sustainable monthly dividend. However, it’s important to consider that JEPI isn’t designed to…
Supatman/iStock via Getty Images Investment Thesis Coursera (NYSE:COUR) pulled in positive free cash flow for the first time in 2023, due to not only the strong revenue but also net income growth. Although its liquidity and cash position have strengthened, its profit margin has taken a hit, showing the constraints of its scale up efforts….
Oselote Introduction Most investors don’t see what is about to happen. The US economy and US government are over-leveraged. They have become strained to a breaking point. US government interest payments on the national debt have reached $1T and are not going down anytime soon. The US government’s 2024 deficit is projected to be well…
TommL/iStock via Getty Images Note: All currencies are denominated in Polish zloty (PLN) unless otherwise stated. Dino Polska (OTCPK:DNOPY) (OTCPK:DNOPF) has become one of my largest holdings (~15% of the portfolio), not just because of the stock price appreciation, but also because of my conviction in the company, the management, and the predictability of the…
LPETTET Company Overview CVS Health Corporation (NYSE:CVS) is a US-based integrated provider of healthcare solutions across the value chain from pharmacies and primary care to health insurance for commercial and governmental customers. It is the second largest healthcare services provider in the US behind UnitedHealthcare with more than 300k employees and $322bn in revenue as…
nopparit ORIC Pharma (NASDAQ:ORIC) is a developer of cancer medicines. I covered it in March, where I noted that despite being in the market for a while and having a good deal of cash, the company is yet to produce proof of concept data from its lead candidate. Since then, the stock has nearly doubled…
martin-dm Investment thesis Our current investment thesis is: SSNC is positioned well to generate strong long-term returns, with limited volatility, due to its strong market position in various verticals. The company has good market share and expertise, with service diversification reducing downside risk. Its strong position is reflected in its margins, which are industry-leading. We…
cosmin4000/iStock via Getty Images Origin Materials (NASDAQ:ORGN) is a company with a goal to reduce carbon footprint by producing materials that are carbon-negative. The company has an interesting approach, patented technologies and processes and several large customers already lined up which promises future growth but at the same time it is burning cash at a…
With the US SEC opting not to appeal the Grayscale Investments case, amid ongoing application amendments, experts believe the approval of spot Bitcoin ETF is a matter of when and not if. With the United States controlling approximately 25 percent of global economic activities, the country’s decisions on the cryptocurrency market are closely monitored by…
MicroBT, a prominent Bitcoin mining hardware manufacturer, made an industry-leading announcement in hash efficiency at the Blockchain Life 2023 event in Dubai. The company unveiled its latest generation mining rigs, the Whatsminer M60 series, encompassing hydro, immersion, and air-cooling models. During his opening speech, Dr. Zuoxing Yang, the founder and CEO of MicroBT, reiterated the…
zhnger Investment Thesis Luxury brands such as LVMH Moët Hennessy (OTCPK:LVMHF) can’t be built in days, months, or years. It takes decades for a company to develop its brand and create a moat around the business. LVMH is one of those companies that has built trust with customers, enabling high barriers to entry and pricing…
TERADAT SANTIVIVUT Today, we have news that the Canadian and US economies are estimated to have created more jobs in September than forecast. Still, hourly earnings moved down, and unemployment rates in both countries have moved above cycle lows. It is helpful to remember that unemployment is a lagging indicator, with the bulk of upward…
f11photo Invesco KBW Premium Yield Equity REIT ETF (NASDAQ:KBWY) is highly popular among income investors due to its high dividend yield of 9%, but I find this fund to be highly speculative in nature and possibly too risky due to many of its holdings, which I will explain below. The fund mainly invests in REITs…
Shutthiphong Chandaeng Investment Thesis PubMatic (NASDAQ:PUBM) is a company that went public in 2020, capitalizing on the strong appetite for risk in the market at the time. However, since its IPO, the share price has declined by 50%, primarily due to the overvaluation at which it was initially listed, compounded by its poor performance in…
metamorworks Smartsheet: Putting some investor concerns to rest: It may hard to accept that Smartsheet (NYSE:SMAR) has now become a GARP story. Like many high growth IT companies it started its life as a public company valued stratospherically. As percentage revenue growth decelerated and valuations of most high growth IT companies compressed, Smartsheet valuation fell…
SafakOguz/iStock via Getty Images The Iron Ore Investment Thesis Remains Mixed Ahead We previously covered BHP Group Limited (NYSE:BHP) in April 2023 with a Hold rating, discussing its mixed prospects, due to China’s less than impressive reopening demand and the uncertain recovery of the property market. While the miner had also been diversifying to electrification…
janiecbros/E+ via Getty Images Prior and current thesis We previously covered Embracer Group (OTCPK:THQQF) in Apr-22, stating “Embracer has been quietly acquiring small studios and developers as a means of growing. Management has been extremely successful at incorporating these businesses, and currently has a large pipeline of games under development. I believe that the fundamentals…
Sergey_P Listen below or on the go on Apple Podcasts and Spotify Steven Cress, head of Quantitative Strategy at Seeking Alpha, joins Kim Khan to discuss the current stock market landscape and how it’s shifted from the 1st half surge (0:25). Market rotation and more breadth – are we in a stock picking environment? Quant…
audioundwerbung We present our note on Nel (OTCPK:NLLSF), a pure-play hydrogen company. We issue a Sell rating as a result of Nel’s stretched valuation, substantial capital requirements, operational transformation challenges, and commoditization. We see Nel’s stock as overhyped, and we are cautious about long-term performance. We will provide a brief overview of the company and…