BalkansCat/iStock Editorial via Getty Images The big news for Warner Bros. Discovery (NASDAQ:WBD) is that management found a cushion that, so far, the market could care less about. But that rather significant cash cushion (that I discussed when management found it) has made the transition of these assets to a formidable competitor far easier. It…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis The AES Corporation (NYSE:AES) is down about 33.18% over the last year underperforming the S&P500 by a margin of about 57%. Seeking Alpha This might be because of its heavy debt load and poor profitability, in my opinion. These factors, along with the hazy regulatory landscape in the…
gremlin Overview Note that I previously rated ANSYS, Inc. (NASDAQ:ANSS) a hold due to its high valuation. In this post, I am reiterating my hold rating due to its mixed 3Q23 results, which show both positive and negative results, such as growing ACV, maintenance, and service revenue, but total revenue declined. In addition, the US…
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…
SweetBunFactory Investment Action In the second quarter of 2023, GlobalFoundries Inc (NASDAQ:GFS) demonstrated commendable financial performance. This achievement was not merely a result of favorable market conditions but also a testament to the company’s strategic foresight and adaptability. Their robust demand in sectors like automotive, industrial IoT, and aerospace and defense underscore their pivotal role…
pcess609 Transcontinental Inc. (TSX:TCL.A:CA)(OTCPK:TCLAF) recently delivered beneficial expectations with regards to operating margin growth thanks to recent cost initiatives and the deployment of raddarTM. I believe that recent investments in sustainable packaging could bring the attention of ESG funds and investors interested in sustainability investments. Under my different case scenarios, I obtained a valuation that…
miniseries Investment Rundown The utility sector I think is quite an exciting one to get into, as the broad exposure it lends to investors can be very favorable during tougher times in the economy. With PNM Resources, Inc. (NYSE:PNM) for example, they have managed to diversify the business and take advantage of the Inflation Act…
Liz Leyden/iStock Unreleased via Getty Images Introduction Shares of Genesco (NYSE:GCO) have fallen 28% YTD. Despite the fact that the company’s financials look better than expected under pressure from macro headwinds, I believe that at the moment the upside potential of the quotes is limited. Investment Thesis First, I think that the pressure from macro…
skynesher Summary Following my coverage on Tempur Sealy International (NYSE:TPX), I recommended a buy rating due to my positive expectation about FY24 performance as I saw a possible stabilization in demand, commodity cost pressure easing, and management’s strong execution on its strategic initiatives, all of which should lead to growth and margin expansion. This post…