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…
Matteo Colombo Investment Updates The price risk in Mesa Laboratories, Inc. (NASDAQ:MLAB) equity stock remains well in situ despite a balanced set of Q1 FY’24 numbers, and a turn off its 52-week lows in the last few months. Since my June publication on MLAB the major headwinds to it rating back to previous highs remain…
sankai Investment Rundown The share price has been volatile for Ambarella Inc (NASDAQ:AMBA) as the semiconductor industry is facing a difficult economic environment, not as enriched with demand as it previously was. As companies are managing to stock up inventories more efficiently, the sudden demand and shortages for some products in the industry seem to…
baona/iStock via Getty Images Investment Thesis Century Communities (NYSE:CCS) has been on a stellar ride with shares spiking 35% over the past year as a result of growth within home building sector driven by lack of resale inventory. Its attractive positioning within entry level ready to move-in homes has been the key catalyst in the…
Matteo Colombo Investment Briefing In my June publication covering Integra LifeSciences Holdings Corporation (NASDAQ:IART) I outlined the case to how it was not an investment-grade company based on a number of outcomes at its Boston manufacturing facility. I’ll re-hash the salient points on this today but the fact is multiple uncertainties remain on the company’s…
TadejZupancic We’re downgrading PayPal Holdings, Inc. (NASDAQ:PYPL) to a hold this quarter; while we think macro weakness has been priced into the stock for the most part, we don’t see PayPal outperforming in the near-term due to current macro dynamics. We think the two metrics that’ll drive the stock’s outperformance would be an increase in…
imaginima By Warren Patterson, Head of Commodities Strategy Oil prices still have more upside While the oil market has seen quite a bit of strength in recent weeks on the back of tightening in the physical market, we believe that there is still room for the market to move higher. Our balance sheet suggests that…
Edwin Tan Archer-Daniels-Midland Company (NYSE:ADM) procures, transports, stores, processes, and merchandises agricultural commodities, products, and ingredients in the United States and internationally. We have started coverage on the firm in July 2022, with a hold rating. Since then, the stock has gained about 18%, slightly outperforming the broader market, which has gone up by roughly…
JHVEPhoto/iStock Editorial via Getty Images Research Brief Leidos Holdings (NYSE:LDOS) has been added to my watchlist after my recent coverage of some of its peers in the national security/federal contracting space, particularly firms that are innovation-driven and have large pipelines of projects and work going on already. It joins other contractors in my federal series…
LD U.S. consumer prices ticked higher in July, but by less than analysts expected. MoneyTalk’s Greg Bonnell discusses what it means for interest rates with Chris Whelan, Senior Canada Rates Strategist with TD Securities. Greg Bonnell: While US consumer prices did tick a little higher in July, the increase was less than Wall Street was…
Bogdan Khmelnytskyi/iStock via Getty Images We’re downgrading Palantir (NYSE:PLTR) from a buy to a hold post Q2 2023 earnings results. We think the stock ran up on A.I. hype in the first half of the year, up 167% YTD, outperforming the S&P 500 (SP500) by around 149%, and we see a less favorable risk-reward profile…
Wasan Tita By Scott DiMaggio, CFA | Gershon M. Distenfeld, CFA | Matthew Sheridan, CFA Do high-yield bonds still make sense for income investors at this stage of the credit cycle? We think so. With the global economy slowing under the weight of central bank rate hikes, many income-seeking investors are shying away from high-yield…
seb_ra/iStock via Getty Images Introduction Janus Henderson Group (NYSE:JHG) released 2Q23 results on 02 August 2023. My previous Seeking Alpha note on JHG rated the stock a Buy at ~$27.23; that was looking like a solid call when JHG was trading close to $30 in mid/late July. However, the gains quickly unwound as the market…
your_photo Investment action I recommended a buy rating for Juniper Networks (NYSE:JNPR) when I wrote about it the last time, as I expected order growth to come in strong in the coming quarters and FY24. The decrease in orders was primarily due to tough competition in the previous period. Based on my current outlook and…
sturti Summary Following my coverage on Randstad (OTCPK:RANJF), which I recommended a hold rating until there is an improvement in the overall operating environment. This post is to provide an update on my thoughts on the business and stock. I reiterate my hold rating as I await the next 2 quarters to confirm the trend…
Wirestock/iStock Editorial via Getty Images Dear readers/followers, I haven’t actually covered SAAB (OTCPK:SAABF) (OTCPK:SAABY) for you before on Seeking Alpha. This was not an intentional oversight, but the fact is that I’ve never owned the stock. With the war in Ukraine, every European military or semi-military company saw an increase in sentiment and also potentially…
RiverNorthPhotography Introduction T. Rowe (NASDAQ:TROW) reported its results for the second quarter of 2023 on July 28th. The company saw its share price surge by over 8% that day as investors were thrilled with its performance. The company managed to show a sales increase of 6.6% as it beat the estimates for both the top…
Justin Sullivan Introduction As a dividend growth investor, I seek new investment opportunities in income-producing assets. I often add to my existing positions when I find them attractive. I also use market volatility to my advantage by starting new positions to diversify my holdings and increase my dividend income for less capital. A year ago,…
David McNew PacWest Bancorp (NASDAQ:PACW) finally reported much-awaited results for the second quarter after the market closed on Tuesday. Just before the market closed, speculation swirled on rumors that the regional bank was set to merge with regional banking rival Banc of California (BANC), causing shares to plunge by almost 30%. Rumors were later confirmed…