Tom Werner/DigitalVision via Getty Images Synopsis Adtalem Global Education (NYSE:ATGE) is a leader in post-secondary education. It is also a leading provider of talent to the healthcare industry. ATGE’s past three years have reported robust revenue growth. In addition, on an adjusted basis, its profit margins have remained robust over the same period. For its…
rarrarorro Eurozone manufacturing output has contracted in all bar two of the past 22 months, according to the PMI® survey data compiled by S&P Global. The data follow official statistics showing production in January was some 7.0% lower than a year ago. With the exception of the pandemic lockdowns, this represented the steepest annual rate…
SHansche Investment thesis LNG sales totaled 12.5 mln tons in 4Q 2023 (we forecast 11.3 mln tons, meaning a difference of 10.6%). LNG selling prices across all segments averaged $384/t, down 6% from our forecast of $409/t. In 2023, the volume of LNG sold exceeded production capacity by 6%, reflecting the high efficiency of Cheniere…
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.”…
NicoElNino Investment Thesis Over the last ten years, the Schwab U.S. Large-Cap Growth ETF (NYSEARCA:SCHG) was the third-best-performing fund in its category, trailing only the Invesco QQQ ETF (QQQ) and the iShares Russell Top 200 Growth ETF (IWY). SCHG also ranked #4/37 over the last three calendar years and #4/36 over the previous five, so…
SvetaZi/iStock via Getty Images Investment Thesis UiPath (NYSE:PATH) is a stock that a few people reached out to me for insights, on the back of its Q4 2024 results. I very much like this business, given that it has no debt on its balance sheet. For me, that’s a very important starting position. These considerations…
Today, more than 25 leading Bitcoin organizations joined forces under the banner of the ‘Bitcoin Deserves an Emoji’ movement. Spearheaded by Nexo, this global initiative is dedicated to securing an official Bitcoin emoji for digital keyboards everywhere, signaling a monumental step toward recognizing Bitcoin’s multifaceted role in society as a revolutionary technology, a form of…
Andrii Dodonov By Marc Uy Issues like water scarcity are felt most intensely at the local level. That makes it incumbent on municipal bond issuers to lead the response. Municipal bond issuers are responsible for building and supporting the physical infrastructure and the public goods and services that enable citizens to participate more in an…
Over the past months, Bitcoin ETFs dominated the cryptocurrency, finance, and investing discourse. A flurry of attention-focused articles on the latest wave of spot Bitcoin ETF applications captured the collective interest. Stakeholders speculated on their implications. Following heightened anticipation at the beginning of 2024, the Securities and Exchange Commission of the United States (US SEC)…
FinkAvenue Investment Thesis Microsoft Corporation (NASDAQ:MSFT) is truly in its stride. The firm is executing their commercialization of AI strategy perfectly by providing users with great AI-enhanced versions of existing products. The latest fiscal Q2 results see Microsoft boasting great levels of revenue and margin growth, with the firm enjoying a solid mix of high-margin…
Justin Paget Introduction With this article, I would like to expand the tickers I have so far covered on SA. However, the stock market is huge, so this year I made the choice to publish and integrate what I have done so far on SA with a niche that not many SA readers may know…
icarus666/Moment via Getty Images In my coverage of Arrowhead Pharmaceuticals (ARWR) last February, I noted that my primary problem with ARWR is a lack of focus. Just look at this pipeline: ARWR PIPELINE (ARWR WEBSITE) There are, if I am counting it right, some 16 programs in the clinic, and frankly, this is too much….
DieterMeyrl Freeport-McMoRan Inc. (NYSE:FCX) investors have experienced debilitating pessimism to surging optimism within three months as the leading Copper miner prepares for its fourth-quarter or FQ4 earnings release on January 24. I updated FCX holders in an October update, urging investors to capitalize on the then-freefalling shares, even as FCX fell toward its May 2023…
SweetBunFactory After a slight pullback in equities from December highs, the markets appear to be on the cusp of reversing higher. Two sectors are leading this recovery – semiconductors and cybersecurity. These two sectors led the equity markets higher in October, helping to put in a bottom for the indices S&P 500 (SPY) and Nasdaq…
megaflopp/iStock via Getty Images The weekly winning streak ended at nine, with stocks finally taking a breather to start 2024. I would not read anything more into last week’s decline than one step toward resolving an overbought condition. The indexes averaged a gain of 17% over the last nine weeks of the year, so we…
RHJ Recently, I wrote an article reviewing the VanEck Rare Earth/Strategic Metals ETF (REMX). While rising geopolitical tensions between the U.S. and China could benefit rare earth prices, I noted that the REMX ETF was overly concentrated on lithium miners and developers and did not have much exposure to rare earths. One alternative that I…
Trygve Finkelsen I follow BYD Company (OTCPK:BYDDF) and Tesla, Inc. (TSLA) very closely, as I believe their market leadership would likely shape the EV industry’s direction in the medium- and long term. I used to invest in BYD but decided to take profits in 2022 to reallocate my capital to diversify my risks away from…
Khosrork/iStock via Getty Images 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…
StudioEasy Introduction Historically, the Index of Leading Indicators (“LEI” and “the Index”) has had the inconvenient habit of being more accurate than Wall Street forecasters. But, of course, no forecasting tool is perfect, and in the past year the Index, if accurate, would have had us in a very deep recession by this point, as…
For several hours, the iShares XRP Trust appeared on the ICIS Delaware website suggesting that BlackRock had filed to list an XRP ETF, which was confirmed to be fake. Amid the ongoing Bitcoin (BTC) and Ethereum (ETH), exchange-traded funds (ETFs) in the United States, the crypto community has questioned why the Ripple Labs-backed XRP has…
huettenhoelscher/iStock Editorial via Getty Images Siemens AG (OTCPK:SIEGY) is a German industrial legacy, founded in 1847 in a Berlin backyard and relocating to Munich after the Second World War, the company has since then manufactured about everything you could imagine from mobile phones to high-speed trains. In fact, well-known German semiconductor giant Infineon used to…
constantinopris/iStock via Getty Images 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…
Janina Steinmetz/DigitalVision via Getty Images Thesis Match Group, Inc. (NASDAQ:MTCH) holds a dominant position in the online dating industry, holding a large share of the global dating user base across its various brands. Tinder, in particular, stands out as the largest and most profitable dating app worldwide, while Hinge is rapidly expanding its presence globally….
While experts forecast the US SEC will approve a spot Bitcoin ETF within the next six months, the BlackRock’s officials confirmed that it has not received a green light on its application. Bitcoin (BTC) price experienced heightened volatility on Monday, which briefly pushed the mothercoin towards $30k. However, Bitcoin price had since stabilized around $28.2k…
Wipada Wipawin 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…
DieterMeyrl Agnico Eagle Mines Limited (NYSE:AEM) is one of the world’s leading gold mining companies focusing on high-quality regional mines. As such, management stressed that Agnico Eagle ‘is not a global gold mining company; rather, they are a regional gold mining company.’ Accordingly, the leading gold miner focuses on mining assets ‘with geologic potential for…
Pgiam/iStock via Getty Images The Treasury Market vs. the Equity Market The Economy (SPY or S&P 500) represents the real economy, which is a Coincident Indicator. The coincident indicator is a combination of the real (inflation adjusted) Gross Domestic Product [GDP] (or the real Domestic Income [GDI]) and the Labor Market. The labor market components…
Ivan Pantic Thesis Corsair Gaming, Inc. (NASDAQ:CRSR)is a leader in the DIY computer gaming hardware sector and is positioned to capitalize on favorable trends in the gaming industry, especially in streaming and eSports. The company offers investors an opportunity to benefit from gaming’s growth without the unpredictability associated with traditional game publishers. However, in the…
Dan Kitwood/Getty Images News Investment thesis Our current investment thesis is Rentokil Initial plc (NYSE:RTO) (OTCPK:RKLIF) is an incredibly attractive business, with a market-leading position in various essential services segments globally. This is developed through scale and deep expertise, allowing the company to create long-term relationships with clients. The company’s strategy of bolt-on M&A has…
niphon/iStock via Getty Images The Conference Board just released the latest data on the leading economic indicators for the US economy and they still point to a recession. This aligns with our view that the stock market is in the midst of forming a large, four year trading range that will oscillate between 3,500 and…
JHVEPhoto Research Brief Recently, my focus on the “innovation” & “managed services” sector turned towards a specific niche: federal contractors specializing in aerospace, homeland security, & cybersecurity. After my coverage of General Dynamics (GD), L3Harris Technologies (LHX), Leidos (LDOS), and Booz Allen Hamilton (BAH), today I will deep dive into the next one in this…
mdesigner125 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.”…