wichianduangsri/iStock Unreleased via Getty Images Introduction The Green Dream, Carbon Zero Targets, Sustainability and Renewable Energy are all part of everyday parlance. The importance of the need to harness wind power and solar power to meet our ever-increasing demands for energy is constantly being highlighted. Silver is a ‘must have’ metal in these operations due…
William Barton Thesis GSK plc (NYSE:GSK) trades at low price multiples relative to competitors. At the surface, it looks like a good buy. However, in my opinion, the lower multiples reflect weaker later stage pipeline relative to competitors. Current pipeline will not face significant patent expirations over the next couple of years, but GSK needs…
wildpixel Purpose I look at the high frequency weekly indicators because while they can be very noisy, they provide a good nowcast of the economy, and will telegraph the maintenance or change in the economy well before monthly or quarterly data is available. They are also an excellent way to “mark your beliefs to market.”…
Dimensions/E+ via Getty Images Zumiez (NASDAQ:ZUMZ) is an apparel retailer focused on skater-style clothing and skate-hard goods. The company’s operations are mostly US-based, but it has sibling store concepts and brands in Europe (Germany, Austria) and Australia. I believe the company has quality aspects: a long-tenured, competent management team, customer focus, brand value, an engaging…
FatCamera/E+ via Getty Images Introduction RCM Technologies (RCMT) is going to announce FY23 results on March 13th post-market (according to SA), so I wanted to check back in with the company and see how it has progressed throughout the year, and what to expect in Q4. The company’s financials have been relatively strong, with slight…
peshkov/iStock via Getty Images Appian (NASDAQ:APPN) is a leading player in the low-code space. Its low-code automation platform helps businesses to build and optimize applications swiftly. Their platform streamlines complex workflows, while its user-friendly tools cater to both professional and citizen developers. Post-IPO journey has been bumpy. Went public at $17 per share in 2017,…
Cristian Martin 2023 was a challenging year for most energy commodity producers as fuel prices stagnated or declined worldwide. However, one fuel source performed exceptionally well. Over the past year, the spot price of uranium has risen by a staggering ~86% to its highest price level in over a decade. Cameco (NYSE:CCJ), the largest uranium…
zetter/iStock via Getty Images I have been bullish the iShares MSCI Global Metals & Mining Producers ETF (BATS:PICK) since November 2022, and it has risen by over 30% in total return terms over this period. In my last article on the PICK in September I argued that the industrial metals complex appeared to be turning…
Monty Rakusen Expectations were pretty robust for the aerospace industry in 2023, and orders have in fact come through, with 2023 industry-wide orders matching 2022 levels by the end of September. There have been some new challenges of late, including a product manufacturing issue at RTX (RTX) and a little weakness in global flight demand,…
Olivier Le Moal Intro We wrote about TD SYNNEX Corporation (NYSE:SNX) back in June of last year when we were attracted to the company’s cheap sales and bullish forward-looking earnings revisions. A significant number of synergies were expected to come from the merger of Tech Data and Synnex (which took place in September 2021) which…
Photon-Photos/iStock via Getty Images Just over six months ago, I wrote on NovaGold Resources Inc. (NYSE:NG), noting that the stock’s relative valuation remained unattractive with it trading at a premium to developers (and even some producers) that controlled their own destiny, were takeover targets, and many that were already in construction/production. Since then, NovaGold has…
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…
goc/iStock via Getty Images Overview My recommendation for Nordstrom (NYSE:JWN) is a buy rating, as I believe sales trends are going to improve from here and that margins will see a similar positive trend supported by improving gross margin and cost management. The variance here vs. the market is that I expect JWN to grow…
Rather than backtracking trade activities after the fraud has occurred, the CFTC commissioner believes the focus should be on preventing them. A commissioner of the Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero has proposed several measures to improve investor protection. Romero made the proposal while speaking at the North American Securities Administrators Association’s annual…
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…
The SEC has 45 days to request a rehearing for the Grayscale’s court verdict. It can either approve the conversion of GBTC into and ETF or reject it for any other reason. Bloomberg ETF analysts James Seyffart and Eric Balchunas have recently updated their estimates of the odds of the spot Bitcoin ETF coming to…
A fast finality mechanism on the BNB Chain would mean a safer environment for decentralized applications (dApps). Binance’s BNB Chain is scheduled for two upgrades this month to improve the chain’s finality and its compatibility with other Ethereum Virtual Machine (EVM) blockchains. The hard forks are expected to reduce the likelihood of malicious blockchain reorganization…
eyewave Investment action I recommended a buy rating for Nestle (OTCPK:NSRGY) when I wrote about it the last time, as I was cautiously optimistic about the improved visibility into FY23 and the cheap valuation relative to peers. Based on my current outlook and analysis of NSRGY, I reiterate a buy rating. I note that the…
This is an opinion editorial by Rupert Matthews, a lecturer at the Nottingham Business School. University education is expensive. Even within the U.K., tales of students leaving with £90,000 (about $115,000) of debt are not uncommon, which raises the question of the value that can be realized by a university degree when offset by this…