MicroStockHub/iStock via Getty Images India is an emerging economic powerhouse, and equity valuations are near record highs. We believe GARP investing may be key to accessing its growth while navigating soaring valuations. With India on track to become the world’s third-largest economy with a projected GDP of $5T by 20271, this emerging economic powerhouse has…
Binance reported more than $1.2 billion in assets under custody for more than 170 million users in its 2023 performance report. Leading cryptocurrency exchange by daily traded volume and registered users, Binance Holdings Ltd., has continued to build the necessary infrastructure and products to enable the next phase of web3 mass adoption. Despite the former…
DarkGel Late in November, Mesoblast (NASDAQ:MESO) filed for orphan drug designation and rare pediatric disease designation for its allogeneic cell therapy Revascor® (rexlemestrocel-L) in the treatment of the congenital heart disease hypoplastic left heart syndrome (HLHS). This is its second cell therapy program, the first being remestemcel-L targeting pediatric acute graft versus host disease (aGVHD),…
naphtalina/iStock via Getty Images Investment briefing It turned out to be a prudent call to hold off investing in the equity stock of DaVita Inc. (NYSE:DVA) in my last coverage. Since that publication in July, the firm hasn’t unlocked additional risk capital for equity investors, as seen in Figure 1. The stock now sold below…
Pgiam/iStock via Getty Images Investment summary Trading at a c.50% discount to the sector at 8x forward earnings and 9x forward EBIT, Allegiant Travel Company (NASDAQ:ALGT) has popped onto our radar with potential relative value. As I’ll cover here today, though, the economic value of ALGT in the investment context does not support a rating…
Sakibul Hasan Investment Thesis Elastic (NYSE:ESTC) is a stock that hasn’t recovered since its Covid heydays even as many of its peers have now started to recover. In fact, in the past year, Elastic has underperformed its peers, as you can see below. Data by YCharts Elastic had been left for dead. However, it appears…