Pgiam/iStock via Getty Images SelectQuote, Inc. (NYSE:NYSE:SLQT) has just reported its fiscal Q2 numbers as Seeking Alpha has reported here. Although pre-market price actions can change direction quickly, the stock is up nearly 10% as of this writing. Did the company report fundamentally good numbers, or is this just a relief rally for a beaten…
Yuichiro Chino/Moment via Getty Images Overview The dollar is trading with a slightly heavier bias as some of its recent gains are pared. Sterling has moved back into the $1.26-$1.28 trading range that dominated since the middle of last December until the start of this week. The euro is also trading a little firmer despite…
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…
PUGUN SJ Introduction and investment thesis Okta (NASDAQ:OKTA) is a cloud-based identity and access management solution that outperformed the S&P 500 in 2023. While the company is expanding its profitability at a rapid pace, the company’s revenue slowdown is a matter of concern. Part of the reason behind the slowdown is tied to the security…
NYCstock Quick Overview With banks making headlines this week again, I wanted to touch upon a subsector of the financials segment that is often under-covered but often presents an interesting investing opportunity as I’ve written about in the last year, and that is insurance. Though it may not be the mainstream media’s hip and cool…
tanyss/iStock Editorial via Getty Images Introduction In times of economic uncertainties, the industrial sector often presents a mix of challenges and opportunities due to its cyclicality. Investors tend to gravitate towards companies with stable performance and lower sensitivity to economic cycles, especially when market volatility is high. This cautious approach often overlooks some sectors but…
SDI Productions Investment Thesis Background Zoom (NASDAQ:ZM) quickly became a global household name during the 2020-21 pandemic. Following a typical tech growth trajectory with over 100% sales growth in 2018 and 2019, and 90% in 2020, Zoom experienced explosive growth in 2021. With work-from-home skyrocketing due to COVID-19 lockdowns, sales surged by a staggering 325%,…
gustavofrazao/iStock via Getty Images One little-known bank that we hold-rated in 2023 is Parke Bancorp, Inc. (NASDAQ:PKBK). The stock fell heavily with regional banks, but now has round-tripped over the last year. At this point, we think the bank is performing well. It is a small stable bank with a moderate yield. We continue to…
Kirk Hewlett/iStock Editorial via Getty Images I’ve been covering Chorus Aviation Inc. (OTCPK:CHRRF) for several quarters now, and while I do have a buy rating on the stock, the reality is that Chorus Aviation has not shown favorable performance at the slightest. The company’s stock has lost nearly 18 percent since May 2023, while the…
FG Trade After my first article, I continue my studies about dividend companies. As I was navigating the internet, I came across a particular business working in an intriguing sector: Genuine Parts Company (NYSE:GPC), a company distributing automotive replacement parts and industrial components. Over the last five years, it was not able to compound its…
Justin Sullivan Introduction The current economic climate presents a unique landscape in the consumer discretionary sector. Amidst increased business uncertainty, investors often prefer less volatile and cyclical investments, leading to a general fear of consumer discretionary stocks. However, this is precisely when high-quality companies in this sector can stand out. Possible market sell-offs, driven by…
JHVEPhoto 2024 is already turning into the year of the chip stocks. Names like NVIDIA (NVDA), AMD (AMD), Broadcom (AVGO), and even Qualcomm (QCOM) have performed well as AI enthusiasm shows few signs of letting up. More bullish industry earnings news came last week, lifting so many stocks in the industry. Has the fervor gotten…
Phiromya Intawongpan Thesis Speculation has been swirling in the markets for a Fed cut as soon as March. Not only are Fed Funds futures still pricing the probability of such a cut, but even some reputable analysts are advocating for such a move. We, however, are of a different opinion. With stronger than expected data…
Monty Rakusen Back in July, I placed a “Sell” rating on the ARK Innovation ETF (NYSEARCA:ARKK) run by portfolio manager Cathie Wood, saying it looked like a gambling person’s type of portfolio. I reiterated the rating in October. The ETF is up 8% since my initial write-up, in line with the S&P 500 over the…
NoSystem images/E+ via Getty Images The S&P 500 is up 10 of the last 11 weeks. The Vanguard Total Stock Market Index Fund ETF Shares (NYSEARCA:VTI) can say the same, though the ETF failed to settle at a fresh all-time weekly high close, whereas the SPX did. VTI’s significant weight in domestic mid-cap stocks, with…
This article was written by Follow Dividends (DGI and DRIP) and Growth at reasonable price (GARP) for Long-term. Serious money.Fun trading for short-term. Play money.Ideas and thoughts presented in the articles are not professional recommendations. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans…
Oat_Phawat/iStock via Getty Images Centerra Gold (NYSE:CGAU) is a Canadian miner that primarily produces gold but also copper and is expanding into molybdenum, with various mineral assets in Canada, the U.S., Turkey, and Finland. It’s had a rocky last few years with its overseas assets, involving the permanent loss of one mine and temporary shutdown…
JHVEPhoto Thermo Fisher Scientific (NYSE:TMO) has revised their full-year revenue guidance, attributing the adjustment to a 1% core organic growth, primarily influenced by sluggish growth in China and the diminishing impact of COVID-related revenue. Their outlook for FY24’s core organic revenue growth mirrors the levels seen in FY23, indicating another year of modest expansion. In…
wallix Dear readers/followers, In this article, I’ll update on Siemens Energy (OTCPK:SMEGF), a company that I’ve reviewed a few times in the past. The reason why I owned shares is that I was actually assigned a small stake when Siemens Energy was spun off. I made a very impressive profit in the short term, which…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The AES Corporation (NYSE:AES) is down about 33.18% over the last year underperforming the S&P500 by a margin of about 57%. Seeking Alpha This might be because of its heavy debt load and poor profitability, in my opinion. These factors, along with the hazy regulatory landscape in the…
Love Employee/iStock via Getty Images Xeris Biopharma Holdings (NASDAQ:XERS) is up 88% (YoY) and the stock price is trading just 23.5% shy of the 52-week high of $3.07. It has been four years since the U.S. FDA approved Gvoke, the prefilled (ready-to-use) glucagon drug for the treatment of hypoglycemia in diabetes patients (from 2 years…
Xiaolu Chu Introduction: Tesla Is Still Trailing Its Big Tech Peers, Can It Catch Up In 2024? Amid a sharp decline in interest rates, Tesla, Inc. (NASDAQ:TSLA) stock has handsomely outperformed its big tech peers since 30th October 2023 as you can observe on the chart below. In my view, the interest rate-sensitive nature of…
Amid rapidly growing anticipation for the launch of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, concerns have arisen from many in the Bitcoin community regarding if these funds will truly hold spot Bitcoin or not. In response to these worries, Bloomberg Intelligence ETF analyst James Seyffart has stepped forward to allay fears, assuring…
Sean Gallup/Getty Images News Investment Thesis Alcoa (NYSE:AA) is one of the largest international vertically integrated aluminum producers. The company’s facilities are spread across five continents. The main production of raw materials (bauxite) is located in Guinea and Australia, while refining takes place in the USA and Northern Europe. We expect the aluminum market to…
Walter Bibikow Summary Simon Property Group (NYSE:SPG) is one of the world’s largest retail REITs with ~165MM sq ft of proportionate GLA, the vast majority in the US. Recent performance has been strong, aided by the impacts of an undersupplied market. This report analyses the common and preferred stock, concluding that neither is attractive for…
JHVEPhoto/iStock Editorial via Getty Images Mega-project construction company Tutor Perini (NYSE:TPC) had a series of negatives earlier this year including a cancellation of a major road project, a loss of an appeal in federal court, and an S&P downgrade of their debt to “B-” from “B+”. But with continued strong cash flow and a $2.95…
Michael Vi Stock Snapshot Heading into the home stretch this holiday shopping season, today’s research note covers a major US retailer, Best Buy Co. (NYSE:BBY). A few quick facts about this stock are that it has +1,000 stores in US and Canada, launched several “teen tech centers” via its non-profit Best Buy Foundation, and besides…
joebelanger/iStock via Getty Images We’re downgrading Qualys (NASDAQ:QLYS) to a hold; we’re picking up our coverage of the stock after QLYS outperformed the S&P 500 by 44% since our buy-rating at the end of 2021. Our positive thesis of QLYS showing signs of reaccelerating revenue growth as Vulnerability Management remains a top three IT-spending priority…
Editor’s note: Seeking Alpha is proud to welcome Florian Muller 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 » Armando Oliveira/iStock Editorial via Getty Images One might think…
Ceri Breeze Earnings of Bar Harbor Bankshares (NYSE:BHB) will likely remain stable in upcoming quarters. A lower average net interest margin will likely counter the effect of loan growth. Overall, I’m expecting the company to report earnings of $0.71 per share for the last quarter of 2023, and $2.94 per share for 2024. Next year’s…
Justin Sullivan/Getty Images News My thesis and article update Two months ago, I conducted an in-depth analysis of Lululemon’s (NASDAQ:LULU) growth, business, and valuation. Since then, the stock has surged by 18%, attributed to the November-December market rally. Upon reflection, I believe my initial valuation may have been overly optimistic. In the forthcoming article, I…
Shutter2U Today, I would like to discuss the iShares U.S. Small-Cap Equity Factor ETF (NYSEARCA:SMLF), a passively managed vehicle leveraging a sophisticated multi-step small-caps-focused strategy. I have reviewed a few multi-factor and factor rotation strategies in the past, including the WisdomTree U.S. Multifactor Fund (USMF), BlackRock U.S. Equity Factor Rotation ETF (DYNF), and Invesco Russell…
The head of Franklin Templeton’s digital asset and industry advisory services sees ongoing adoption of BTC by nation-states and emphasizes its potential to surpass CBDCs in efficiency for national treasuries. A strategist from Franklin Templeton, a global investment firm, predicts a future where every national treasury holds Bitcoin (BTC), envisioning the cryptocurrency becoming the fundamental…
skynesher Founded in 2006, CarGurus (NASDAQ:CARG) is an online research platform and marketplace that allows consumers to look up vehicles available for sale at local dealers. With over six years since its IPO at around $29 per share in 2017, share prices currently trade around $22. Already priced for growth well before it occurred (and…
Sundry Photography MongoDB (NASDAQ:MDB), a company that runs a database under the same name, became one of the more exciting cloud investments in 2023 once investors worked out that it could be a prime beneficiary of companies’ increasing development of generative Artificial Intelligence (“AI”) applications, which require a secure, scalable database capable of quickly accessing…
Eric Mischke We’re maintaining our hold-rating on Oracle (NYSE:ORCL). Consistent with our expectations during our downgrade in mid-October, ORCL is struggling to boost top-line growth. 2Q24 top-line missed consensus estimates as its Cloud Services sales were not enough to offset its muted services and the deceleration in its Cloud and On-Premise licenses sales. We think…
Justin Sullivan AAPL: the search for an alternative way Readers following my writings must know that I have been a stubborn supporter of Apple Inc. (NASDAQ:AAPL). I have arguing for a bull case on the stock for years. In my view, many (if not all) of the issues that the market feared in the past…
MicroStockHub/iStock via Getty Images Elevator Pitch My rating for Zhihu Inc. (NYSE:ZH) [2390:HK] is a Hold. Earlier, my August 24, 2023 article drew attention to ZH’s Q2 2023 performance. In this current write-up, I assess Zhihu’s prospects for Q4 2023 and 2024. I have made the decision to stick to my existing Hold investment rating…
RichLegg According to the U.S. Bureau of Labor Statistics, 199k jobs were created in November, better than the +190k consensus, while private payrolls were up 150k, slightly under expectations. The unemployment rate fell from 3.9% to 3.7%, the lowest since July, as a large number of people entered the workforce. Big picture, the jobless rate…
alvarez I have noticed that Genco Shipping (NYSE:GNK) is a tempting prize among investors. As a successful turnaround and with its recently high dividend yield, many perceive another investment to boost their income and perhaps even enjoy capital appreciation along the way. Yet, a bet on GNK is not a bet on shipping in general….
HeliRy It has been a few months since I last wrote about Nordic American Tankers (NYSE:NAT). Back in March, I was constructive on NAT shares, as I believed Russian oil disruptions have caused tanker rates to stay elevated while full shipyards mean higher tanker rates can stay extended for a long time. However, since my…
Leon Neal Introduction The aerospace and defense sector has been attractive lately. We see an increasing number of high-profile conflicts emerging. The war in Ukraine is still raging, and now there is also a conflict between Israel and Gaza. Looking forward, we see higher tensions in South America when Venezuela is looking to expand eastward…
binabina/E+ via Getty Images Dear readers/followers, In this article, I’ll be providing you with an update on Old Republic International (NYSE:ORI). I’ve been covering this company and its prospects a few times in the past. This is an updated article for my previous thesis on the company to the piece published a few months back…
Tero Vesalainen Company Snapshot For today’s note I am traveling to the great American west again to revisit a bank stock I covered this August. U.S. Bancorp (NYSE:USB) is a Minneapolis-based bank and some key facts about it are that it is listed #150 on the Fortune 500, has roots going back to 1863, trades…
PeopleImages Right when CareTrust REIT (NYSE:CTRE) delivered its previous earnings package, I issued an article arguing that the Company was a hold even though the fundamentals improved across the board. The key reason for a somewhat conservative stance despite solid like-for-like figures and strengthened balance sheet was the divergence between the expectations of buyers and…
Luis Alvarez Investment action I recommended a buy rating for Match Group, Inc. (NASDAQ:MTCH) when I wrote about it the last time, as I expected the business to grow as guided. Tinder’s Payer net-added performance should see improvement, and overall revenue should grow by double digits. Based on my current outlook and analysis of MTCH,…
Mario Tama/Getty Images News I last wrote about Archer Aviation (NYSE:ACHR) in May 2022; I rated them a sell, and the stock priced at $4 fell to a low of $3 by the end of 2022. Over 2023, much has changed. A raft of announcements and high-profile investments propelled the stock above $12 in June,…
Bruce Bennett Overview My recommendation for The Wendy’s Company (NASDAQ:WEN) is a hold rating. While SSS came in weak for the quarter, I see potential for it to accelerate sequentially in 4Q23, which should dismiss the bearish thought that SSS remains weak. Other aspects of the business are also progressing well, such as unit growth…
mmac72/E+ via Getty Images We are moving NetApp (NASDAQ:NTAP) to a HOLD. The stock is up 78% since our initial BUY rating at the end of 2020, outperforming the S&P 500 by 47%. While we’re seeing signs of enterprise spending normalizing as the optimization spend wraps up in 2023, we see no near-term catalysts driving…
shapecharge Main Thesis/Background The purpose of this article is to evaluate the PIMCO High Income Fund (NYSE:PHK) as an investment option at its current market price. This is a CEF that is designed to seek “high current income, with capital appreciation as a secondary objective”. I have covered PHK for many years, mostly recently back…