William_Potter A few days ago, I made a case for investing in fixed income assets such as those that are included in the PIMCO Dynamic Income Fund (PDI). Fixed income-focused funds like PDI are set, in my opinion, to benefit from an expected change in the interest rate landscape in 2024. Other investments that could…
Athitat Shinagowin/iStock via Getty Images Chimera Investment Corporation (NYSE:CIM) is a New York REIT focusing on residential credit investments, especially mortgage loans and related securities. CIM was founded in 1994, with its IPO in November 2007. CIM operates on a blend of debt and equity to optimize returns and manage risks. The company has to…
Several companies are anticipating the changes expected from the Bitcoin halving next year and have pumped in more mining investments. The Bitcoin mining industry has consistently picked up steam over the last few months. According to a report from Bitcoin mining consultancy and PR firm BlocksBridge Consulting, Bitcoin miner investment commitments have crossed $1.2 billion…
Charday Penn Company Website Blackstone Secured Lending Fund (NYSE:BXSL), managed by Blackstone Credit BDC Advisors LLC, stands as a key player in the Business Development Company (BDC) sector. This report delves into BXSL’s investment strategy, portfolio composition, financial performance based on the latest Q3 2023 Earnings Report, and comparative analysis with industry standards, notably Ares…
bjdlzx In many business transactions, there are both winners and losers. One such example can be seen by looking at the recent news that broke regarding telecommunications giant AT&T Inc. (NYSE:T). On December 4th, the management team at the firm announced that it had struck up a deal to collaborate with Telefonaktiebolaget LM Ericsson (publ)…
This integration with established financial institutions is expected to provide substantial support for the crypto sector. Hashdex, a leading global crypto-focused investing company, has unveiled its much-anticipated “2024 Crypto Investment Outlook – Opportunity meets Optimism”. The forecast delves into the expectations for the upcoming year and beyond, providing insights from Hashdex’s leadership and digital asset…
Microstrategy has now realised more than $2 billion in profits directly from its repeated investments in Bitcoin. Business intelligence company MicroStrategy Inc (NASDAQ: MSTR) has seen a staggering surge in gains, amassing over $2 billion in profit from its substantial Bitcoin (BTC) holdings. This comes following the cryptocurrency’s recent surge above $42,000. MicroStrategy started its Bitcoin investment…
onurdongel Introduction Dream Finders Homes (NYSE:DFH) – with a trusted brand, an asset-light business model, and a focus on expanding into new markets, DFH is well-positioned to capture market share and generate solid returns for investors. Despite the industry’s cyclical nature and tough competition, DFH has maintained a high ROE and is seeking to reduce…
PPAMPicture/E+ via Getty Images CION Investment (NYSE:CION) has been a relatively under-the-radar middle-market business development company since going public in 2021. The externally managed BDC primarily invests in first lien senior secured loans with total investments at fair value of $1.73 billion across 109 portfolio companies as of the end of its fiscal 2023 third…
franckreporter Investment updates Since my September publication, there have been numerous updates in the investment debate for Laboratory Corporation of America Holdings (NYSE:LH). The company’s stock price has continued snaking into the ascending wedge formation shown in Figure 1. This translates to higher lows, lower highs-buyers at the support level; not enough size to lift…
RomoloTavani By Patrick O’Connell, CFA, John Huang, CFA, Larry Bellinger, CFA, and Sam Wilamowsky, CFA Investors need to understand the potential physical damage from natural hazards before they can assess their financial implications. From hurricanes to earthquakes to droughts, natural disasters are becoming more numerous, extreme and costly. To assess the potential financial damage, investors…
ipopba Investment Thesis Dynatrace (NYSE:DT) is an observability platform that provides real-time insights into the performance and user experience of applications, helping organizations optimize their digital ecosystems. Dynatrace offers proactive monitoring, root cause analysis, and automation to ensure seamless and high-performing digital experiences. Before we go further, keep in mind that Dynatrace has now reported…
Bjoern Wylezich/iStock via Getty Images What You Cannot Learn From Studying Charlie Munger When asked for the “trick” to get rich, Charlie Munger used to tell the following anecdote: It reminds me of the young guy who went up to Mozart and said, ‘I’d like to write symphonies.’ When Mozart said, ‘You’re too young,’ the…
Aside from his involvement with OCEAN, Dorsey has supported many other blockchain projects with strong potential to benefit the crypto space. Wyoming-based software development company Mummolin has raised $6.2 million in an investment round led by Jack Dorsey, an American internet entrepreneur and billionaire CEO of the financial services company Block, for the launch of…
Today, Wyoming-based Mummolin, Inc, has announced the successful completion of a $6.2 million seed funding round, led by Jack Dorsey, also featuring prominent investors such as Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund, among others. This funding will fuel the launch of OCEAN, a new initiative aiming to decentralize Bitcoin…
gustavofrazao A Quick Take On Vinci Partners Investments Vinci Partners Investments (NASDAQ:VINP) reported its Q3 2023 financial results on November 8, 2023, reporting year-over-year fee-related revenue growth of 4%. The firm provides investors with access to various investment products in Brazil. I previously wrote about VINP with a Buy outlook on its growth potential from…
kitiwan mesinsom Algonquin Power & Utilities (NYSE:AQN) trades at a notable discount to peers. A divergence from its historical patterns where it often commanded a premium. This change suggests an opportunity here, and I believe there is. The share price has tanked after a large acquisition attempt that shareholders didn’t like and regulators thwarted. The…
MasaoTaira Shares of Federal Realty (NYSE:FRT) have not been immune from the impact of rising rates on the real estate sector with its shares down by about 14% over the past year. This comes despite the fact that FRT has raised its dividend 56 consecutive years—the longest such streak in the industry. Given that track…
The third amendment is another attempt for ARK Invest to ensure that the proposal for the ARK 21Shares spot Bitcoin ETF will pass the SEC’s screening. ARK Investment Management has submitted another amendment to the US SEC for its ARK 21Shares spot Bitcoin ETF proposal. The application, created along with European crypto asset manager 21Shares,…
Olivier Le Moal By William Davies, Global CIO Here’s what uncertainty around interest rates being higher for longer could mean for investments and the markets in 2024. The economic data in 2023 was better than expected: inflation fell, employment remained resilient and we didn’t end up in recession – in fact, growth was impressively resilient….
BlackJack3D The following segment was excerpted from this fund letter. Danaher Corporation (NYSE:DHR) One of the companies we have studied for many years, patiently waiting for the opportunity, finally gave us what we were looking for: Danaher Corporation. During the second quarter we bought a sizable amount of Danaher. We have analyzed the company, its…
Julia_Sudnitskaya/iStock via Getty Images Summary Graphic Packaging Holding Company (NYSE:GPK) is a leading provider of paper-based packaging solutions, mainly for the food, beverage, and consumer product segments. It specializes in the design and manufacturing of folding cartons, foodservice packaging, and other paper-based products. As a direct result of GPK’s third quarter results, which reported declining…
CHUNYIP WONG Investment Rundown The share price of Teekay Corporation (NYSE:TK) has been on a steady climb upwards and heavily outperformed the broader markets at a return of over 60%. The quite recent results that the company posted were strengthened by the consolidation of Teekay Tankers (TNK). It’s important to mention that TK still has…
Oselote Super Micro Computer (NASDAQ:SMCI), also known as Supermicro, is a high-performance server company that has garnered a lot of attention from investors this year due to being among the largest beneficiaries of Enterprise demand for innovative technologies like 5G, Edge computing and generative Artificial Intelligence (“AI”). Maybe the only company that has benefited more…
PhonlamaiPhoto By Justin Leverenz, CFA, Chief Investment Officer, Developing Markets Equities Andy Lin, Senior Research Analyst Lun Rao, CFA, Senior Research Analyst The world has seen many energy transitions over the past couple of hundred years, from biomass to coal to oil to natural gas. But we believe that the current energy transition, from fossil-based…
Scharfsinn86/iStock via Getty Images Readers of my previous work may already know, that I believe that hydrogen will play an increasingly important role as a source and storage of energy. Whatever the use case, the first step must inevitably be the production of hydrogen. And to produce hydrogen, an electrolyzer is needed. That is where…
tadamichi Shares of F&G Annuities & Life (NYSE:FG) have been a tremendous performer this year, nearly doubling, and those gains accelerated this week after the company reported a strong quarter. Alongside results, FG also increased its share buyback program by $25 million and increased its dividend 5% to $0.21. While the company is performing well,…
Deutsche Börse intends to further use cloud computing to accelerate the development of its digital post-trading platform D7 and a crypto trading platform to ensure sustainable future growth prospects. The Web3 market and blockchain technology have triggered a fast shift in the global financial system from the traditional stock market to digital assets and tokenization…
BSR Real Estate Investment Trust (OTCPK:BSRTF) Q3 2023 Earnings Conference Call November 9, 2023 ET Company Participants Daniel Oberste – President and CEO Susie Rosenbaum – COO Conference Call Participants Gaurav Mathur – Laurentian Bank Jonathan Kelcher – TD Securities Sairam Srinivas – Cormark Securities Kyle Stanley – Desjardins Michael Markidis – BMO Capital Markets…
onurdongel/iStock via Getty Images Introduction Rexford Industrial Realty, Inc. (NYSE:REXR) has a portfolio of 371 properties totaling approximately 45 million rentable square feet mostly located in Southern California’s infill markets. The exposure to Southern California’s infill region situates the company in a fragmented market characterized by high-entry barriers, scarce developable land with high concentrations of…
While WisdomTree is expanding its investment options with Bitcoin, the asset manager has also decided to liquidate five of its ETFs. WisdomTree, one of the major players in the financial industry, is considering the addition of Bitcoin (BTC) as part of its commodity exchange-traded fund (ETF), providing its customers with exposure to the crypto market…
With the US SEC edging closer to potentially approving a Bitcoin ETF, experts and industry leaders are offering their predictions on the potential impact of this milestone on the crypto market. In a recent interview on CNBC’s ‘The Exchange’, Tim Buckley, Chairman and CEO at Vanguard Group, the world’s second-largest asset manager, stated that the…
MicroStrategy, the software firm led by prominent Bitcoin evangelist Michael Saylor, is once again demonstrating the potential of Bitcoin as a store of value. With a strategic approach to accumulating the Bitcoin through the entirety of the most recent bear market, the company is now sitting on a nearly $1 billion gain. MicroStrategy’s journey into…
Dan Kitwood Introduction Over the last few months, the indexes have been carried by the big tech stocks. While the rest of the market has struggled and many stocks have been struggling. As such, some interesting value opportunities are now arising. You might be thinking, “The economy is struggling, the market outlook isn’t great, and…
better lights for people and planet FotografieLink/iStock via Getty Images Signify N.V. (OTCPK:SFFYF) is a well-known producer of LED and more technological lights under the Philips, Philips Hue, Interact, Philips Dynalite, Color Kinetics, Wiz, and several more. The company has constantly been pioneering better, cozier, more efficient lighting solutions that benefit people’s lives and the…
InterRent Real Estate Investment Trust (OTC:IIPZF) Q3 2023 Earnings Conference Call November 1, 2023 1:00 PM ET Company Participants Renee Wei – Director, IR & Sustainability Brad Cutsey – President and CEO, Trustee Dave Nevins – COO Curt Millar – CFO Conference Call Participants Fred Blondeau – Laurentian Bank Securities Mike Markidis – BMO Capital…
Rex_Wholster I wrote about Planet 13 (OTCQX:PLNH) in mid-August after it reported its Q2, calling it cheap. It is a bit higher now, but it is down a lot since it exploded higher in early September, more than doubling. It is down again year-to-date and offers investors the best way to invest directly in the…
gremlin/E+ via Getty Images We previously covered Tesla, Inc. (NASDAQ:TSLA) in July 2023, discussing the stock’s premium valuations and optimistic recovery since the January 2023 bottom. It appeared that Mr. Market had been convinced about CEO Elon Musk’s Full Self-Driving [FSD] as a SaaS (Software as a Service) strategy, since the automakers’ Service gross margins…
Morguard Real Estate Investment Trust (OTC:MGRUF) Q3 2023 Earnings Call Transcript October 26, 2023 4:00 PM ET Company Participants Andrew Tamlin – Chief Financial Officer John Ginis – Assistant Vice President of Retail Asset Management Tom Johnston – Senior VP of Western Asset Management Todd Febbo – Vice President of Eastern Office Management Rai Sahi…
SCM Jeans/iStock Editorial via Getty Images I have been covering General Dynamics (NYSE:GD) financial results since June 2023 and I attached a buy rating to the stock despite supply chain challenges. That rating has worked out well so far with a 15.8% appreciation in share prices and a total return of 17.2% while the broader…
It is worth noting that the SEC’s action come only days after BlackRock unveiled its ticker symbol (IBTC) in anticipation of the approval of its spot Bitcoin Exchange Traded Fund (ETF). The US Securities and Exchange Commission (SEC) recently fined BlackRock Advisors LLC, a subsidiary firm of BlackRock Inc (NYSE: BLK), $2.5 million for failing…
Bet_Noire/iStock via Getty Images As iShares U.S. Financial Services ETF (NYSEARCA:IYG) is currently trading around a 52-week low due to the Fed’s hawkish stance, I believe it’s time to follow Warren Buffett’s mantra of buying low and holding a stake for the long term. The buy recommendation is not only based on the drop in…
Wirestock/iStock via Getty Images Nautilus Biotechnology (NASDAQ:NAUT) is trying to make molecule protein fingerprinting systems for the benefit of pharmaceutical development and diagnostics. It’s a proteomics play. The market size could be rather large, and Nautilus trades at about net-asset value, with its market cap barely exceeding the net value of cash and investments. We…
witsanu singkaew *April 1st – Dec 31st, 2016 The compounded performance figures represent all realized and unrealized losses and gains in the firm’s brokerage account after commissions and on a currency-adjusted basis over the specified period, as recorded by InteractiveBrokers. Index returns represent total return including dividends. Click to enlarge Dear Partners, In the third…
Juanmonino/iStock Unreleased via Getty Images Dear Investor, As we round the corner and head into the fourth quarter of 2023, there are numerous economic factors flashing signs that could make the last quarter exciting and profitable for Old West clients. As you can see fromyour enclosed statement, our portfolios performed in line with or slightly…
G0d4ather After a strong start to the year, global equity markets gave up some ground in the September quarter. Fortunately, the speculative appetite we saw from investors in the first two quarters started to lose some steam. Value benchmarks began clawing back some relative performance, which was encouraging. Stock valuations are stretched and continue to…
Sean Gallup Investment Thesis While PayPal’s (NASDAQ:PYPL) stock has recently hit a six-year low at $53.94 per share, the anticipation of a remarkable threefold increase in the projected EPS to $4.95 for the coming year paints a compelling growth story. Despite this growth potential, the stock price hasn’t seen a corresponding uptick, raising questions about…
Lemon_tm One of my closest personal friends told me a few years ago to keep an eye on the Scottish Mortgage Investment Trust plc (OTCPK:STMZF). This particular friend, although he was not a professional investor, have been very successful with his personal investments. So much so that he ‘retired’ from his day job as a…
Smederevac By Nadège Tillier European utilities at the forefront of the green transition The European utilities sector is in an important transition phase towards green energy generation and transmission. The provisional agreement in March 2023 updating the European Union’s Renewable Energy Directive states that the green transition needs to accelerate further. At the European level,…
JHVEPhoto/iStock Editorial via Getty Images Share of MGIC Investment Corporation (NYSE:MTG) have been a strong performer over the past year, rising 35%. Still, shares are only trading around book value, and given the likelihood of extremely low losses on the majority of its insured portfolio and benefit of rising interest rates on investment income, shares…