Aerial Bayview Ave. and Rosedale in Autumn, Toronto, Canada jimfeng Note: All amounts are in Canadian Dollars On our last coverage of Dream Office (TSX:D.UN:CA), we highlighted the key factors that kept us out. This was despite a rather large drop that made value buyers salivate. We felt a bounce and trading opportunity could materialize…
hapabapa/iStock Editorial via Getty Images I Think Rivian Will Survive Some analysts have raised concerns that Rivian (NASDAQ:RIVN) might not survive 2025/2026 due to a high level of cash burn, no profit, and not enough cash on hand to sustain it. These concerns are valid, and there are rising pressures from lower vehicle prices from…
Jacek_Sopotnicki Warner Brothers Discovery (NASDAQ:WBD) released first quarter earnings last week. The media giant has been scrutinized for earnings performance and high leverage since its merger. Back in February, I took a bullish stand on Warner Brothers Discovery through the sale of cash secured puts. While the first quarter earnings report disappointed by missing both…
JHVEPhoto In our previous analysis of Skyworks Solutions, Inc. (NASDAQ:SWKS), we highlighted its Broad Markets segment’s growth was propelled by fast-growing end markets and believed the company’s Broad Markets would predominantly drive its future growth due to the high-growth end markets like data centers, offsetting stagnant revenue growth in its Mobile segment due to flattish…
milanvirijevic/E+ via Getty Images Limbach Holdings, Inc. (NASDAQ:LMB) currently looks intriguing as a potential investment due to the low valuation and strong expected growth in 2024. The stock’s recent dip in price looks like a good buying opportunity. Limbach is a building systems solution company that provides mechanical, electrical, and plumbing [MEP] services. Limbach specializes…
champja/iStock via Getty Images Investment Thesis Atlassian Corporation (NASDAQ:TEAM) helps teams work together more effectively. Their software products, like Jira and Confluence, are used for project management and collaboration. Atlassian’s platform helps businesses streamline their workflow and improve productivity by providing solutions for organizing tasks, and sharing information, and tracking progress on projects. It’s a…
MCCAIG In my previous Abbott Laboratories (NYSE:ABT) article, I discussed the company’s Q3 2023 earnings, revealing a significant resurgence in their primary business segments. The decline in COVID-19 testing-related revenue did not stop Abbott from pulling in $10.1B for the quarter thanks to 13.8% organic growth from their base business. At that time, I believed…
Imgorthand Investment thesis My previous bullish thesis about Crown Castle (NYSE:CCI) did not age well as the stock declined by around 10% since December 2023. The weak sentiment around the stock is due to the expected to deteriorate in Q1 and full fiscal 2024 financial performance. However, the major portion of the decline is expected…
vitapix/E+ via Getty Images I have a long history with Bio-Rad (NYSE:BIO) (NYSE:BIO.B), having covered this life sciences company long ago in my sell-side days. It has always been an odd duck in the life sciences world and remains so, with the company better thought of as a “picks and shovels” company with broad exposure…
Marc Dufresne The Bank of Canada kept its key policy rate on hold at 5%. The central bank says it’s starting to see the economic conditions needed to lower rates, but that it’s looking for more evidence the momentum can be sustained. Hafiz Noordin, VP & Director, Active Fixed Income Portfolio Management, TD Asset Management,…
Sundry Photography/iStock Editorial via Getty Images Investment Thesis Union Pacific Corporation (NYSE:UNP) is rated as a buy as operations improve. We believe the new management will continue implementing significant improvements that will enable UNP to unlock superior shareholder returns. Previous management delivered a poor multi-year operational performance and at its current valuation, UNP is a…
FinkAvenue On Thursday March 13rd, Microsoft Corporation (NASDAQ:MSFT) announced that its Copilot for Security tool will become widely available to customers starting April 1, featuring new enhancements. The Copilot for Security enables cybersecurity experts to leverage generative artificial intelligence for various tasks, including incident summaries, vulnerability assessments, and data sharing. In that context, Microsoft highlighted…
LQWD Technologies Corp., an infrastructure and liquidity provider for the Bitcoin Lightning Network, has announced a new partnership with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider (LSP), according to a press release sent to Bitcoin Magazine. As part of the partnership, LQWD will contribute an initial 10 Bitcoin in liquidity to…
Bjoern Wylezich/iStock Editorial via Getty Images Introduction One sector that I lack exposure to is the basic materials sector. While I have adequate exposure to the energy sector, the basic materials remain elusive. As companies in the sector tend to be sensitive to price changes of commodities, most of them are unsuitable for dividend growth…
lechatnoir The US stock market has defied Wall Street strategists’ opinions that were somewhat gloomy at the start of the year. Driven by the Mag 7, through March 8, the S&P 500 is up close to 8%, not including dividends, outpacing the Nasdaq 100 ETF (QQQ) and domestic small and mid-caps. The strong move through…
Sundry Photography In our previous coverage of Analog Devices, Inc. (NASDAQ:ADI), we examined the attributes of Maxim acquisition to ADI’s exceptional growth (64.2%) in 2022. Firstly, we expected ADI’s analog market share to reach 17.2% in 2022, tying Texas Instruments for the highest in the industry. Secondly, we determined Maxim’s impact in ADI’s automotive segment,…
Matt Winkelmeyer/Getty Images Entertainment Investment Thesis I believe heading into FY 2025 (and post Q4 2024), Zoom Video Communications (NASDAQ:ZM) has the setup to be a strong buy, led by their focus on AI enhancements, with upside possible in places like the intersection AR/VR technology in their workplace. Their stronger than expected Q4 earnings, driven…
hapabapa/iStock Editorial via Getty Images Elevator Pitch I still rate NetApp, Inc. (NASDAQ:NTAP) shares as a Buy. Previously, I shared my expectations of NetApp’s financial performance for the third quarter of fiscal 2023 (YE April 30, 2023) in my prior February 16, 2023 update. My current article is focused on previewing NTAP’s upcoming Q3 FY…
Jacob Wackerhausen Alphabet Inc. (NASDAQ:GOOG)(NASDAQ:GOOGL) reported strong financial growth in Q4 and full year 2023 which sets the stage for future growth in coming years. This strong growth is observed using the quarterly and yearly revenues, operating income, operating margin and net income. Alphabet is continuously involved in AI development and is poised to further…
Monty Rakusen Bausch Health (NYSE:BHC) is a high-quality pharmaceutical company that has shown great resiliency and ability to innovate. However, it is also loaded with an expensive and heavy debt load of more than $20 billion that is weighing on the equity valuation. The key to resolving the leverage issues remains the complete or substantial…
Katsumi Murouchi/Moment via Getty Images Gold (XAUUSD:CUR) (GLD) is currently trading at a crucial spot right now, with high potential for an explosive breakout higher. Regular readers will know I have been calling for gold prices to surge assertively above the $2,100 level in the longer term, paving the way for the start of a…
2027, When TD Bank Buys TELUS NurPhoto/NurPhoto via Getty Images On our last update on TELUS Corporation (NYSE:TU) (TSX:T:CA), we made a case to continue staying out of the wireless giant. At the center of our thesis was a bloated valuation and it was further supported by relatively weak earnings. We went with a “hold”…
Camille Delbos/Art In All of Us/Corbis News via Getty Images Listen here or on the go via Apple Podcasts or Spotify. J Mintzmyer explains the ins and outs of the shipping sector (3:00). Why the Suez Canal and Red Sea matter so much to the industry (5:50). Investment opportunities in tankers and containerships (14:20). Why…
Wirestock Since I last wrote an earnings preview on pharmaceuticals company GSK plc (NYSE:GSK) last October, its price is up by 11.8%, which was to be expected on good results and the settlement of its heartburn medication, Zantac, related cases in California. With full-year 2023 results expected at the end of the month, a continued…
KE ZHUANG Investment Thesis Constellation Energy Corporation (NASDAQ:CEG) is a distinct player in the electric generation and retail/wholesale energy supply market, primarily due to its substantial carbon-free baseload electricity generation from nuclear power plants. The company stands to benefit significantly from the Inflation Reduction Act, particularly the new nuclear production tax credits, which offer substantial…
LockieCurrie A “Hold” Rating For Perpetua Resources Corp. This analysis recommends a “Hold” rating on the stock of Perpetua Resources Corp. (NASDAQ:PPTA) (TSX:PPTA:CA) compared to the previous rating of “Buy”. Perpetua Resources’ stock was rated “Buy” in the previous article due to the increased potential for profitable gold production in Idaho and the positive gold…
The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP. In a recent filing dated January 11, 2024, the US Securities and Exchange Commission (SEC) has requested specific documents from Ripple Labs Inc as part of the ongoing legal proceedings…
In addition to the increasing developer activity on the Solana network, SOL has shown signs of recovery after a recent period of struggle. The Solana blockchain network has achieved an important milestone with over 2,500 developers actively contributing to its open-source ecosystem on a monthly basis. This growth in developer numbers is a significant achievement…
In a significant stride towards the potential approval of Spot Bitcoin Exchange-Traded Funds (ETFs) in the United States, applicants have overcome a pivotal hurdle, marking a crucial milestone in their quest for regulatory approval from the U.S. Securities and Exchange Commission (SEC). As reported by Bloomberg, the applicants seeking approval for the eagerly anticipated spot…
ArtistGNDphotography A handful of crypto stocks have gone parabolic in price action this month. While Bitcoin, Ether, and other more speculative coins have shot higher in Q4 2023, many digital-asset equities have seen even more pronounced upside moves since October. This is a time when risk management is needed, in my view, and I will…
JHVEPhoto/iStock via Getty Images Introduction Today, I read an article about tax-loss harvesting by my colleague Steven Cress. It had some interesting ideas in it, you can read it here. In his article, Cress recommends adding exposure to Argentina’s stock market via the Global X MSCI Argentina ETF (NYSEARCA:ARGT). His article offers several bullish comments,…
tadamichi As the U.S. Fed signals numerous rate cuts could be on the way in 2024, the focus for investors is shifting to the year ahead for markets. Brad Simpson, Chief Wealth Strategist at TD Wealth, discusses with Greg Bonnell the benefits of a diversified portfolio and why investors should remain vigilant when it comes…
Sezeryadigar Elevator Pitch My Buy rating for Q2 Holdings’ (NYSE:QTWO) stock remains unchanged, as there are multiple drivers that could boost QTWO’s future share price performance. These drivers include profitability improvement, top-line expansion, and employee satisfaction. Also, Q2 Holdings’ shares are undervalued based on a comparison of its EV/EBIT and EV/EBITDA multiples with the expected…
bfk92 Investment Thesis ZIM Integrated Shipping Services Ltd. (NYSE:ZIM), the Israeli container shipping company, has been through a tough roller coaster since its IPO back in January 2021. Debuting at $15.00 a share, then reaching an all time high of $88.62 only 14 months later, only to plummet ~93% to an all time low of…
Zolak Co-authored with Beyond Saving. Today, I want to take a broad look at preparing for retirement or achieving any other investing goal. Unfortunately, too many people skip past the most fundamental steps of managing a portfolio, and as a result, they find themselves aimless in the market. They buy or sell based on whim…
SHansche I upgraded FLEX LNG Ltd. (NYSE:FLNG) back in September, noting that vessel values had increased and that it had solid visibility into earnings and cash flow given its contracts. With the company reporting its Q3 results last month, let’s catch up on the name. Company Profile As a reminder, FLNG owns and operates a…
Solana’s network activity has surged significantly and the current drop in the SOL price could be short-lived leading to a trend reversal soon. Amid strong sell-off in the broader cryptocurrency market, Ethereum Layer-1 competitor Solana is also facing some selling pressure. In the last 24 hours, the Solana (SOL) price has tanked by over 3%…
Sakorn Sukkasemsakorn/iStock via Getty Images By Todd Speed We see an improving backdrop for Calamos Global Opportunities Fund (CGCIX), supported by improving macro data and company fundamentals. A Fed pause and weakening dollar, which have historically set the stage for strength in non-US equities. Low equity valuations, both relative to the US and to historical…
agrobacter Elevator Pitch I continue to award a Hold rating to JOYY (NASDAQ:YY). In my prior September 29, 2023 update, I assessed YY’s cash pile, shareholder capital return, and financial outlook. The focus of this latest article is JOYY’s new quarterly top line guidance and the company’s decision to extend the expiry date of its…
Deagreez/iStock via Getty Images For many, retirement is a time to shift focus, time, and energy from your vocation to instead take life a bit easier, travel, pursue personal interests, spend time with loved ones, and advance causes that you are passionate about. However, leaving work behind and having the resources to fully pursue these…
Luis Alvarez/DigitalVision via Getty Images In an article we published a year ago in Aug 2022, we expressed our optimism on the deal between Valvoline (NYSE:VVV) and Aramco (ARMCO) in which the former agreed to sell its Global Products (Lubricants) business in order to focus on growing its more competitive Retail Services business. Post-transaction, the…
Elena Bionysheva-Abramova/iStock via Getty Images The Q3 Earnings Season has come to an end and one of the first companies to report its results was Gold Royalty Corporation (NYSE:GROY). Overall, the company had a better quarter sequentially with a lower adjusted net loss and much higher total revenue and land agreement proceeds, as well as…
Algorand entered the Indian market earlier this year with the launch of the AlgoBharat Project. One of the first collaborations was formed with the Self-Employed Women’s Association (SEWA). Blockchain protocol Algorand (ALGO) has announced its expansion into India through major collaborations with prominent organizations including NASSCOM, TiE Bangalore, and the Mann Deshi Foundation. Algorand’s Impact…
zhengzaishuru Investment thesis Oil (CL1:COM) prices have been trending lower, mostly on expectations that demand is weak. Stories of continued US production growth, despite the steady drop in drilling activity in the past year also help to provide a sense of complacency regarding global oil production supply growth trends, even as demand growth is seen…
da-kuk Zscaler (NASDAQ:ZS) reports Q1 FY2024 earnings on 27th November. While results are likely to be robust, demonstrating continued growth and improved profitability, much of this already appears to be baked into the share price. Management commentary and forward guidance are likely to be more important than Q1 results, and there are reasons to be…
Historically, BTC does have a rally before its halving occurs. However, the most certain part of the halving is the rally that comes after the event. Popular social media trader Titan of Crypto has once again affirmed that Bitcoin (BTC) will hit a pre-halving price target of $50,000. He made the announcement late Sunday, as…
Leadinglights/iStock via Getty Images By Ewa Manthey, Commodities Strategist Steel scrap is key in establishing a circular economy Global ferrous scrap consumption in steel production is set to rise as efforts to reduce the industry’s environmental footprint are ramped up alongside an expected increase in the share of Electric Arc Furnace (EAF) in the global…
Sean Hannon/iStock via Getty Images Investment Thesis ChampionX Corporation (NASDAQ:CHX) has posted strong performance since its merger in 2020 while the latest quarterly earnings results missed the top line and the bottom line. After reviewing its performance by segment in combination with industry-wide trends, we conclude that there is more to the eyes than the…
kynny On Monday, shares of leading semiconductor solutions provider ON Semiconductor (ON) sold off by more than 20% following a surprise Q4 earnings warning with the projected shortfall mostly the result of substantially lower silicon carbide demand by a “single automotive OEM” as outlined by management on the conference call (emphasis added by author): (…)…
Robert Way Summary Following my coverage of L’Oréal (OTCPK:LRLCF), I recommended a buy rating due to my expectation that LRLCF’s growth and margins would recover towards normalcy. This post is to provide an update on my thoughts on the business and stock. I reiterate my buy rating for LRLCF due to its strong current quarter…