yangphoto/E+ via Getty Images We continue to be hold-rated on DoorDash (NASDAQ:DASH) in spite of management’s better-than-expected guidance. We think the market has priced in the expectation of recovery after the stock jumped more than 15% on earning results. We think the stock’s higher valuation is not justified for our expectations of DoorDash’s slower growth…
Michael Vi Palantir (NYSE:PLTR) reported both top-line and bottom-line beats in Q3 FY23, along with raised full-year guidance. I am encouraged by their profitability growth, achieving a 29.3% adjusted operating margin. I anticipate further margin expansion in the coming years. However, I don’t believe their operating margin can reach the levels of most typical software…
Bitcoin bull Cathie Wood believes gold’s time has come and gone. The CEO of Ark Invest weighed in on the enduring debate between the traditional safe haven asset and digital currency during a recent Bloomberg UK podcast, Merryn Talks Money. In a hypothetical scenario where Wood had to choose between holding gold, a cash deposit account,…
stockcam Back in March, I said that while Snap (NYSE:SNAP) was facing a number of issues that it had a valuable platform and expectations were low for the company. Since then, the stock is down -14% versus a 7% increase for the S&P 500. Let’s catch up on the name. Company Profile As a quick…
Jitalia17 In August, I tactically went short the iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW), as I felt the U.S. government’s fiscal profligacy and rising global yields meant that the path of least resistance was up for long-term yields. Soon after I published my article, the TLTW ETF entered a steep decline, as…
insjoy Higher for how much longer? “The extent of additional policy firming that may be appropriate…” The FOMC voted unanimously to keep its five policy rates unchanged today, with the top of its policy rates at 5.50%, as had been broadly messaged in recent weeks in speeches by Fed governors. It was the second meeting…
The market expects the UK’s apex bank to hold off on increasing or decreasing interest rates even as economic data is falling. The Bank of England (BoE) is expected to hold UK interest rates on Thursday due to recorded price pressures and a decline in economic activity. At the moment, the market is pricing a…
Sundry Photography Investment thesis I wanted to take a look at Cloudflare (NYSE:NET) before it reports its Q3 earnings on the 2nd of November to see if the company is a good long-term investment. Upon further analysis of its financials, from a value perspective, the company is too risky and unpredictable, with stock-based compensation eating…
Kemal Yildirim AbbVie (NYSE:ABBV) is one of the largest companies in the global pharmaceutical market. The company is headquartered in North Chicago. Thesis Since writing our last article, the company’s share price has continued a downward movement, in line with our expectations. However, AbbVie’s published financial results for the third quarter of 2023 were a…
akinbostanci Dear readers/followers, Aon plc (Aon) is a company that remains, despite the recent underperformance since about June when I posted my last article, interesting. This article can be found here. The problem is that based on the current situation we’re in, we’re looking at a company that remains overvalued by most metrics to other…
murat4art/iStock via Getty Images Investment Action Based on my current outlook and analysis of Mercury Systems (NASDAQ:MRCY), I recommend a hold rating. I have concerns about the EBITDA margin performance in FY24, which I believe will put the stock in rangebound mode until more clarity is provided. Basic Information MRCY is a manufacturer of critical…
PM Images Axsome Therapeutics (NASDAQ:AXSM) is increasingly poised to become the single most important player in the Major Depressive Disorder space, with its Auvelity tracking ahead of market expectations. In the last quarter, Auvelity sales were $27.6 million, representing 76% quarter-over-quarter growth. Being the first and only oral rapid acting NMDA receptor antagonist for MDD,…
statu-nascendi This Analysis Suggests a Hold Rating for Grupo México, S.A.B. de C.V. This analysis changes the view on shares of Grupo México, S.A.B. de C.V. (OTCPK:GMBXF), a Mexican copper miner as well as freight transport operator and infrastructure company worldwide, from a previous Sell rating to a Hold rating. From now on, this article…
hapabapa Investment Thesis Netflix (NASDAQ:NFLX) is going to report Q3 numbers on the 18th of this month after the market closes. I’ll give my thoughts below on the biggest concerns for the company in terms of its outlook going forward. Even after the company has dropped around 20% since I last covered the stock, I…
Ethan Miller Note: I have covered VOXX International Corporation (NASDAQ:VOXX) previously, so investors should view this as an update to my earlier articles on the company. Earlier this week, VOXX International Corporation or “VOXX” reported sequentially improved Q2/FY2024 results with increased gross margins and Adjusted EBITDA back to break-even levels. Regulatory Filings For the second…
Leila Melhado Investment Thesis In my view, MercadoLibre (NASDAQ:MELI) has effectively carved a niche for itself in Latin America’s e-commerce sector. As online commerce gains momentum in the region, MercadoLibre’s understanding of local nuances has positioned it ahead of many global competitors. However, when evaluating its investment potential, a measured approach is essential. A discounted…
ljubaphoto Given our extensive coverage of Exor (OTCPK:EXXRF), today we decided to look at Koninklijke Philips NV (NYSE:PHG). In mid-August, Exor, the Agnelli Holding company, acquired a 15% equity stake in Philips for a total consideration of €2.6 billion. Looking at the press release, the investment holding company does not intend to purchase additional Philips…
primeimages The US stock market is hovering at the top of two ‘double tops’ in what to many will look like a giant head and shoulders pattern. This should be enough to give any holder heart burn. What is driving the market and what is going to happen? First let’s look at the S&P 500….
kynny Metal additive manufacturing technology company, Velo3D, Inc. (NYSE:VLD) reported Q2 2023 revenues of $25.13 million an increase of 27.95% (YoY) that missed estimates by $2.09 million. VLD’s EPS of -$0.10 also missed Wall Street estimates by $0.02. The stock has lost 10.86% (YTD) and is trading 67.5% below its 52-week high of $4.80 which…
onurdongel Investment thesis Our current investment thesis is: SKY is a well-managed business with a strong value proposition to markets. It has a strong retail presence across the US, which could be significantly enhanced if the Regional Homes deal closes. Further, it has deep expertise in manufacturing and is focused on innovating to improve customization…
Pornpak Khunatorn/iStock via Getty Images Thesis NeuroSense (NRSN) is a microcap focused on the treatment of neurodegenerative diseases. It is running a Phase 2b trial in 69 patients diagnosed with ALS, a fast-progressing neurodegenerative disease which is historically difficult to treat, with drug candidate PrimeC. Topline data of this trial are expected in Q4 2023….
pcess609 The Company Becton, Dickinson and Company (NYSE:BDX) is a $75-billion market cap global healthcare company that specializes in developing, manufacturing, and selling a wide range of medical supplies, devices, laboratory equipment, and diagnostic products. They serve healthcare institutions, physicians, researchers, clinical laboratories, the pharmaceutical industry, and the general public worldwide. According to the latest…
Milan Markovic/E+ via Getty Images We’re upgrading Tesla, Inc. (NASDAQ:TSLA) to a hold from a sell. We continue to be cautious about the auto industry in 2H23 but expect Tesla will fare better than the peer group in Q4 2023 and 1H24 with its model 3 and Y upgrades. Our previous concerns about the company’s…
da-kuk Summary Converge Technology Solutions (TSX:CTS:CA) is an information technology services provider, providing integrated hardware and software solutions to mid-market enterprises. The majority of its revenue is generated from value added reselling of hardware and software solutions, with the remainder coming from professional services. CTS has achieved most of its incredible growth through acquisitions, but…
onurdongel Analysis Summary In today’s analysis, I will be covering United States Steel Corp. (NYSE:X), in the materials sector, subsector of steel. From its profile, this Pittsburgh-headquartered firm trades on the NYSE and produces & sells flat-rolled and tubular steel products primarily in North America and Europe. I gave this stock a hold rating, based…
netrun78 Investment Thesis Carter’s Inc.’s (NYSE:CRI) low forward multiple had me intrigued, so I decided to look into its financials to see if it is warranted. What I found was a mixed back of metrics and lackluster growth with deteriorating margins, which tells me that the low multiple, for now, is justified, and I assign…
Reka Olga/iStock via Getty Images Elevator Pitch JOYY Inc. (NASDAQ:YY) shares are still rated as a Hold. Earlier, my write-up for JOYY published on July 18, 2023, was focused on the preview of the company’s financial results for the second quarter of this year. Following the publication of my article in July, YY’s stock price…
Adam Berry Dear readers/followers, At least one reader contacted me in conjunction with my last article on Eastman Kodak (NYSE:KODK) and specifically, that I held a “HOLD” rating after what was after all a smashing development for the share price for Kodak. In a very short time, the company’s share price appreciated double digits, leading…
JamesBrey I continue to buy the dips in the iShares TIPS Bond ETF (NYSEARCA:TIP) which now has a real yield to maturity of 2.6% before fees. This yield is completely at odds with the real economy, where slowing growth and high and rising government debt and deficits suggest real borrowing costs should be below zero….
M. Suhail The McDonald’s Corporation (NYSE:MCD) has demonstrated a robust history of consistent earnings growth, solidifying its position as a stalwart in the fast-food industry. This sales growth has persisted in recent quarters, with strong sales growth reported across most of McDonald’s major markets. This impressive performance is attributed in part to strategic price adjustments…
Hispanolistic/E+ via Getty Images Introduction I have been following Canacol Energy (TSX:CNE:CA) (OTCQX:CNNEF) for several years now, but I haven’t really been too happy with the share price evolution. Despite being able to sell its natural gas at very flat prices (which could perhaps explain why investors abandoned the Canacol ship to pursue an investment…
Pgiam/iStock via Getty Images Investment briefing No relief for Compass Minerals International, Inc. (NYSE:CMP)’s shareholders leading into the back end of the year, with the company’s equity stock attracting offers at 2-year lows as I write (Figure 1). As a reminder, CMP produces essential minerals, namely salt, sulfate of potash and specialty fertilizers. Its core…
Hero Images Inc/DigitalVision via Getty Images Introduction One of the key features and notes from the last report by PRA Group, Inc. (NASDAQ:PRAA) has to be the rapid increase it has had in the investments of the portfolio. The last quarter alone has resulted in an additional $328 million in investments where most of it…
SeanShot Research Summary Have you ever wanted to rate the ratings agencies themselves? I sure did.. so today I will be covering one of the major ones right here on Seeking Alpha! This is my first coverage of Moody’s (NYSE:MCO), a stock in the financials sector, subsector of financial exchanges & data. Some of the…
naphtalina/iStock via Getty Images Investment Summary Casino and gaming majors offer compounding factors with interesting economics, provided the business returns stack up on capital employed into operations. Bally’s Corporation (NYSE:BALY) does not meet these requirements in my view. The company has piled investment to grow operations with minimal earnings to show for this. Sure, revenues,…
Mumemories We’re upgrading Apple Inc. (NASDAQ:AAPL) to a hold. We’re less negative on Apple now, as we think the stock has priced in most of the negatives from the Chinese central government banning iPhone use for government employees and potential share loss to Huawei’s Mate 60 Pro. The stock is down a little over 2%…
naphtalina/iStock via Getty Images Investment summary Zurn Elkay Water Solutions Corporation (NYSE:ZWS) has exhibited positive growth trends across 2023 following its Elkay acquisition last year. Deeper analysis reveals the economics on this growth hasn’t necessarily added shareholder value. ZWS is a water management pure-play. It boasts an extensive product portfolio with offerings in water safety…
maskalin/iStock via Getty Images Investment Thesis Floor & Decor Holdings, Inc.’s (NYSE:FND) stock price has increased ~35% since my bullish article last year, outperforming S&P 500 (SPY). Looking forward, the company’s same-store sales are expected to see a decline in the near term due to the slowdown in remodeling market as high inflation and interest…
Moyo Studio/E+ via Getty Images Introduction Founded in 1989, Michigan-based Vericel (NASDAQ:VCEL) is a commercial-stage biopharmaceutical leader specializing in advanced therapies for sports medicine and severe burn care. It markets three FDA-approved products in the U.S.: MACI for knee cartilage defects, Epicel for extensive burns, and recently approved NexoBrid for eschar removal in thermal burns….
JHVEPhoto Research Summary Today I’ll be rating Stifel Financial (NYSE:SF), in the financials sector, investment banking & brokerage subsector. It had its Q2 earnings result on July 26th and I will do a deep dive into some of that data today as well. For readers less familiar with this company, here are relevant points from…
Ziga Plahutar/E+ via Getty Images Investment Thesis HireQuest Inc. (NASDAQ:HQI) has recently dropped on the earnings report and hasn’t recovered since. I wanted to take a look at its financial health to see if this has created an opportunity to jump in. The financial health is very strong in my opinion; however, the acquisition of…
bjdlzx Investment Thesis We previously covered Halliburton (NYSE:HAL) and recommended a hold on the stock. In a review of this thesis, we make a comparison between Halliburton and its rival Schlumberger (SLB) from not only a financial perspective but also its organic internal growth momentum. Although we commend hold for both, one has more upside…
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…
Smederevac/iStock via Getty Images Dear readers/followers, I’m happy at times to take requests from subscribers to review companies I find interesting. when I got a request a few weeks back to take a look at Chefs’ Warehouse (NASDAQ:CHEF) to see if I could consider the company undervalued here, I was curious. I’d never heard of…
Matteo Colombo Investment briefing The biosimilars drug market is forecast to expand at a geometric growth rate of ~18% from 2023—2028, garnishing immense capital inflows along the way. Alvotech (NASDAQ:ALVO) is firmly positioned within the biosimilars value chain and has the potential to unlock compelling value should it successfully convert its pipeline assets. To date,…
Tim Boyle Research Brief In today’s analysis, I will be covering CME Group (CME), which is in the financials sector, and financial exchanges subsector. Since my last rating in mid-May, which gave this stock a buy rating, the share price has climbed over 11%. CME – share price since last rating (Seeking Alpha) Since then,…
iantfoto Realty Income Corporation (NYSE:O) is by far the most popular real estate investment trust, or REIT, on Seeking Alpha. It has over 223,000 people following the company, with many new bullish articles come out every week. But despite this popularity, the company’s share price has recently crashed and it is now priced at a…
Katrina Wittkamp Investment action Based on my current outlook and analysis of Burlington Stores (NYSE:BURL) 2Q23 earnings, I recommend a hold rating. I expect the stock price to be rangebound in the near term, as I do not see any positive catalysts that will drive the valuation multiple upwards. BURL needs to show the market…
Zorica Nastasic/E+ via Getty Images Let’s face it. The significant decline in the value of many bank stocks during the latest banking crisis is going to leave a lasting impression on the appeal of investing in banks for the latest generation. And this is nothing new. Just a decade and a half earlier we had…
Spencer Platt The GameStop (NYSE:GME) rally driven by the Reddit crowd has been one of the most exciting market events in recent times. I’m sure everyone who watches the stock market knows the story by now. However now that GME stock has somewhat fallen back to earth, has this meme-rally saved the business? Taking a…