Hiroshi Watanabe Late December last year, I issued an article comparing the largest BDC – Ares Capital (NASDAQ:ARCC) – with the second largest one, FS KKR Capital (FSK). While I was bullish on both BDCs, I preferred allocating slightly more in FSK due to the following reasons: FSK traded at a discount to NAV, while…
J Studios/DigitalVision via Getty Images Overview The healthcare sector (XLV) has lagged behind the S&P500 (SPY) for the past year and I believe this opens the door to an opportunity to capitalize on this difference. The factors contributing to the sector’s underperformance can be a wide range of things including the end of Covid, patent…
imaginima Going into 2024, I issued an article comparing two largest BDCs: Ares Capital (NASDAQ:ARCC) vs FS KKR Capital (NYSE:FSK). The bottom line was that both BDCs are attractive and positioned to deliver solid long-term returns. Yet, my recommendation was more skewed towards FSK as it had the necessary characteristics to register alpha in the…
Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit…
designer491 By Ben Barber, CFA, Director, Municipal Bonds, Franklin Templeton Fixed Income | Jennifer Johnston, Director of Municipal Bond Research, Franklin Templeton Fixed Income A year of significant monetary policy tightening is coming to a close In the face of a persistently strong US economy, the US Federal Reserve (Fed) had to continue tightening monetary…
IR_Stone Applied Optoelectronics (NASDAQ:AAOI) reported improved financial performance for Q3-2023 and the company’s stock price has been on a year-long uptrend, gaining 900% over 12-months and 1000% YTD. Recent coverage on Seeking Alpha rates the stock as a hold because it is currently overvalued. The company is optimistic about its future outlook, i.e. growing profits…
PhonlamaiPhoto In my last post, I initiated coverage of Algoma Steel (NASDAQ:ASTL), explaining my reasoning that through Algoma Steel’s current cost model with its Basic Oxygen Furnace, it is fundamentally undervalued by the market. Along with its current production output, due to its ongoing Plate Mill Modernization efforts and its transition to Electric Arc Furnace,…
PM Images The energy sector has continued to perform well in 2023, from upstream production to midstream operators. Enterprise Products Partners L.P. (NYSE:EPD) has followed the trend as units have increased 7.56% YTD. EPD’s Q3 results were a bit of a mixed bag as they beat top-line estimates by $370 million, delivering $12 billion in…
Wirestock Introduction It’s earnings season. Amid fears of earnings misses that are being severely punished, I’m eagerly waiting for one of the cornerstones of my portfolio: Ferrari (NYSE:RACE). With investing, it’s better not to be overly confident. Yet, Ferrari plays in a league of its own, and one of my favorite aspects about the company…
Bartlomiej Wroblewski/iStock via Getty Images Investment thesis Year-to-date, IonQ (NYSE:IONQ) stock is up more than 300% and the important question here is whether the stock has more potential to grow based on its financial results, developments, and market outlook of quantum computers and cloud computing or not. I don’t want to devote this article to…
Market participants have been particularly attentive to any signals that the Federal Reserve may continue to raise interest rates. A recent report from the Labor Department has revealed that initial filings for jobless claims or unemployment benefits for the week ended September 30th reached a seasonally adjusted 207,000. While this statistic represents a 2000 rise…
Torsten Asmus Magnolia Oil & Gas (NYSE:MGY) made some positive revisions to its 2023 guidance, indicating stronger production growth expectations along with reduced capex expectations. As well, Magnolia’s lease operating expenses dropped below $5 per BOE in Q2 2023. These positive revisions may allow Magnolia to generate over $250 million in free cash flow in…
Tokens related to AI all rose after Nvidia’s report, and are likely to continue reaping from institutional interest in artificial intelligence. Cryptocurrencies related to artificial intelligence (AI) have advanced quite well following chipmaker Nvidia Corp’s (NASDAQ: NVDA) impressive fiscal 2024 Q2 earnings report. Several AI tokens climbed in response, adding to the general enthusiasm in the general AI…
xbrchx/iStock via Getty Images Investment Thesis With roughly 40% of our portfolio in real estate and another 40% in financials, we have experienced both some good and some bad H1 results this year. Even though we own low-leveraged real estate companies, the increases in interest costs have hurt the results and distribution to shareholders. Fortunately,…
Some memecoin traders were lucky to make huge returns from a small investment while others were rug pulled with a promise of future return. The memecoin industry has been used by most crypto traders to fetch higher gains in a bid to accumulate Bitcoins, which is not only expensive to mine but also acquire. Moreover,…